Caesars Sportsbook Promo Code Offers Up to $1,500 in Ohio for Bills-Bengals, Bowl Games

New Caesars Sportsbook users can get up to $1,250 back in bet credits if their first bet loses on any bowl game Monday, or on Monday Night Football between the Bengals and Bills.

In Ohio, the offer is upped to $1,500. Use these codes to take advantage:

• Ohio: ACTION41BET
• All other states: ACTION4FULL

After an eventful New Year's Eve of college football bowl games, bettors are in for another entertaining slate of games on the second day of the new year.

The Jan. 2 Bowl Game slate has four exciting matchups one week before the College Football National Championship takes place at the SoFi Stadium in Inglewood, California.

Before proceeding, read our detailed guide on sportsbook bonuses to make sure you understand how each promotion works.

Offer Details & Signup

Follow these steps to successfully sign up for Caesars Sportsbook:

1. Click here for Ohio; Click here to register in all other states.
2. Fill out the necessary fields with accurate information to verify your identity.
3. The promo code is autofilled during the registration process if you clicked that link.
4. Deposit at least $10 and place a wager on any game of your choosing.
5. Your account balance will be credited with $1,250 in bet credits (if your first bet loses), 1,000 Reward Credits, and 1,000 Tier Credits.

How the Caesars Promo Works

We are only using the Jan. 2 Bowl Game schedule as an example. Keep in mind that while you can place a bet on any game to qualify for this offer.

Making Your First Wager

Your first bet on any game has to be settled as a loss in order to receive up to $1,250 in bet credits. Make sure to place a $10 (minimum) bet within 30 calendar days after your register for a new account.

Then, if your first bet does lose, you will receive your bet credits within the following two business days. Your bet credit will expire if it goes unused in 14 days.

Here's a relevant example below:

I placed a $10 moneyline bet on the Illinois State Illini against Mississippi State at 12 p.m. ET. If Illinois State wins, I'll profit $10 (since the Illini are +100).

If the Illini are defeated, it will take up to two business days for my account to be credited with the $10 I initially wagered.

Using the Bet Credits

A great rule of thumb is to use your bet towards a plus-money underdog matchup to maximize your earnings. Remember, if your bet does win, your bet credit amount is excluded from your earnings.

You can decide to use your bet credits on the College Football National Championship (on Jan. 9), the NFL's final week of the season, or an NFL Wild Card matchup.

Please remember the timeline you have to use your bet credits, because it will impact your ability to place a bet on your desired matchup.

Bet to Make on Jan. 2

LSU vs. Purdue u56

The Cheez-It Citrus Bowl will be between LSU and Purdue at 1 p.m. today.

LSU, who are 14.5-point favorites, are heading into this matchup on a two-game losing streak against Texas A&M and Georgia. Texas A&M was arguably the worst team in the SEC while Georgia is considered one of the best teams in the entire NCAAF.

LSU's losses against the one of the worst and best teams heading into the bowl game is worrisome.

On the other hand, Purdue did not make the top-25 in the College Football Rankings, but they earned their matchup against LSU because of their overall performance this season.

Another key stat to note is that the Boilermakers went 2-1 in comparison to LSU's 2-2 record against AP teams.

The Pick:  u56 (-110)

LSU is at the middle of the offensive rankings this season after averaging 32.3 points per game. Purdue, in comparison, was not far behind with their 28.1 average. Both teams are quite comparable when it comes to their defensive this season.

Historically speaking, the Citrus Bowl hasn't eclipsed 56 points since South Carolina defeated Wisconsin 34-24 in 2014. Because of this interesting stat, we're sticking with the under on this Citrus Bowl matchup.

OH only. 21+. New users and first wager only. Must register with an eligible promo code. Bet amount of qualifying wager returned only if the wager is settled as a loss. Maximum bet credit $1,500; must be used within 14 days of receipt. See Caesars.com/promos for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER.