Caesars Sportsbook Massachusetts Promo Code Offers $1,250 Value for Wednesday NBA Play-in Games

Action Network
 
Caesars Sportsbook Massachusetts Promo Code Offers $1,250 Value for Wednesday NBA Play-in Games

The NBA play-in action heats up as the first dose of games brought plenty of betting drama. Wednesday’s matchups of Bulls-Raptors and Thunder-Pelicans can be wagered on in Massachusetts with up to $1,250 in bet return value with Caesars Sportsbook promo code ACTION4FULL.

This means that Caesars Sportsbook will reimburse you with bonus bets if your first bet loses. This offer is running live in all Caesars states, too.

For example, the Bulls are six-point underdogs versus the Raptors Wednesday. If you place $100 on Chicago to cover and the Raptors cover, instead of coming up empty, you will have $100 in bonus bets. If you win, you’ll receive your payout.

12 sports betting tips and a how-to guide for reading American odds if you’re new to sports betting. We did a complete breakdown of the different types of bonuses if you’re curious about these as well.

Since you’ll have bonus bets if you lose your first bet, let’s get into what you might expect below with Wednesday’s play-in matchups.

How to Use Caesars Bonus Bets: Wednesday NBA Play-In Games

There’s a couple ways to go about this: The popular way of hedging your bets, or betting at plus-money to maximize your expected value.

Hedging is a more grounded approach to betting; a bettor will wage on the opposite side of their original bet when the odds of it winning becomes more realistic.

Expected value is about what you’re accruing over time through profits.

Feeling skeptical? Here’s a breakdown from our Steve Petrella on why the math says it’s impossible get the advantage over the book by betting the favorite rather than the underdog using bet credit:

Example 1: You’ll win $20 if the $50 bet credit wins. The probability a -250 favorite wins is 71.43%.

The EV, in this case, is 71.43% x $20, which equals $14.28. So over an infinite number of bets, that $50 will be worth just $14.

Example 2: Now let’s bet a +250 underdog with a $50 bet credit.

You’ll win $125 if it wins, and you can expect the bet to win 28.57% of the time.

The EV, in this case, is 28.57% x $125, which equals $35.71. So over an infinite number of bets, that $50 will be worth $35.71.

Bulls-Raptors, Thunder-Pelicans Example:

With the above in mind, let’s use a couple of expert picks from Action’s NBA Best Bets picks for Wednesday’s doubleheader:

  • Brandon Anderson on Nikola Vucevic o1.5 Turnovers (-115):

The one thing we know the Raptors do is win the turnovers battle. Toronto ranks No. 1 in both fewest turnovers given up and most turnovers forced, and the Raptors basically just try to math their way into extra possessions and close the gap in quality that way.

Well, the Bulls have their turnover problems at times and against Toronto, Nikola Vucevic has had huge issues. Vucevic played all 82 games and averaged only 1.7 turnovers a game, and he had four or more turnovers only 11 times. But in three games against Toronto, Vucevic racked up four, five, and six turnovers, averaging 5.0 per game with two of his worst three turnover outings of the season. And now the Raptors defense has been better than ever with Jakob Poeltl too. It’ll be very surprising if Vucevic can handle the pressure.

  • Andrew O’Connor-Watts on Brandon Ingram Double Double (+125)

Ingram is averaging 8.5 assists and 12.5 potential assists over the past 10 games. Despite averaging more per game than tonight’s line, he’s cleared eight dimes just five times in the past 10 games. In four of those games he had 10 or more. When he’s dishing, it comes in bunches.

There’s a similar trend with his rebounds line, which is also at 7.5. Ingram’s averaging 7.6 per game in his last 10, but cleared the number just four times. However, three of those four times, he grabbed double-digit boards.

He’s had two triple-doubles in that span and I see value on that number as well for a small wager (to win one unit), but make sure you get +700 or better.

Assuming we bet the maximum amount of $1,000 to activate the first bet on the house, we’d have that amount back. We can use them in separate amounts, so let’s drop $100 on this parlay that adds up to +321 odds:

If you’re interested in reading more about betting at Caesars, we’ve provided in-depth research and feedback on the experience on our Caesars Sportsbook review page.

Signup for Caesars Sportsbook

  1. Use this link, select your state, and enter the MA promo code ACTION41BET (ACTION4FULL in other states).
  2. Enter personal details, including name, date of birth, and address.
  3. Agree to the terms & conditions.
  4. Deposit at least $20 using one of the banking methods (credit card, PayPal, bank transfer, etc.)
  5. Place your first bet!

New customers 21+ only, must be present in MA. T&Cs apply. Users must not be excluded from betting. If you or a loved one is experiencing problems with gambling and needs support, call 1-800-327-5050 or visit gamblinghelplinema.org to speak with a trained specialist free and confidentially 24/7. LiveChat with a GameSense Advisor at GameSenseMA.com or call 1-800-GAM-1234.