Caesars Sportsbook Promo Code ACTION41000 Cracks $1K Insurance Bet for College Hoops, All Weekend Action

This weekend's slate of college basketball conference championship action can be wagered for up to $1K in bonus return value with the Caesars Sportsbook promo code ACTION41000.

It comes in the form of a first bet on the house, which means you can place a first bet up to $1K and have it insured by Caesars.

Use the module we've provided to get started with betting this weekend. Caesars will autofill the code in for you.

If you lose your first bet and receive the bonus, you will have one bonus bet worth whatever you lost. For example, if I placed a $1K first bet at Caesars on Quinnipiac -2.5 against St. Peters in the MAAC Semi-Final, I would get a $1K bonus bet if the Bobcats don't cover the spread.

If they do, I get the $1,909.09 cash payout and no bonus. So it's best to bet your bankroll if you're comfortable doing so.

North Carolina is in its first week of sports betting action. If you're there this weekend, you can get $250 of bonus bets once you place a $10 wager. Just make sure to use the Caesars Sportsbook NC promo code ACTION4NC when you're signing up.

Caesars gives the $250 in five, $50 bonus bets that will disappear after 14 days without use. If you win your first bet, you will get the value in addition to your cash payout.

You should always use bonus bets on underdogs because it's more beneficial to your bottom line. You won't get the same mathematical advantage over the sportsbook if you use them on a favorite.

Bonus bets aren't kept, so if you place a $100 bonus bet on Pitt +285 to take down UNC, you will get $285 as a total cash payout and the stake is gone.

The other route to consider with your bonus bet is hedging it with a cash wager at another book. You can use a hedging calculator to determine what you need to place at the other book on the favorite to ensure a flat payout no matter what happens.

Signing Up at Caesars

Here's how to get started at Caesars:

1. NC users, click here to begin the registration process. All other states, click here.
2. Enter all your real, personal information. If you use fake info, Caesars can't verify your identity, and your account won't be verified. For the best chance of getting verified right away, make sure the info you enter matches what's on your photo ID.
3. Enter promo code ACTION4NC at checkout (or ACTION41000 if you're in another state).
4. On March 11, make a deposit and a $10 wager.
5. After that, you'll have your $250 bonus bets and seven profit boosts.

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