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Categories MLB News

Caesars Sportsbook MLB Promo: Boost Your Profits on Any Home Run Bet Today!

Updated June 4, 2024 | 1:01 pm CDT by Sam Smith
Wondering how to profit on home run bets? Our guide to MLB home run betting strategy will give you the tips you need to...

The whole darn industry is getting its feet we with Tuesday home run promotions. I can’t imagine where the idea came from, but we welcome the options as we look to make some home run bets. Today we’re looking at a Caesars Sportsbook profit boost for home run bets today, so let’s get into this Caesars Sportsbook MLB promo and see how we can attack it with some home run bets, courtesy of OddsShopper MLB model!

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Caesars Sportsbook MLB Home Run Promo & Profit Boost

Caesars‘ home run promotion for the second day of the workweek — very non-confusingly named “Tuesday Dingers” — gives a great spot to boost our profits on the most fun MLB bet. All we need to do is opt in and we will receive a 25% profit boost on any player to hit a home run today!

Given the long odds that home run bets organically have, that 25% can be a pretty massive boost to our payouts if we manage to hit on one.

You know what we have to do now: We need to turn to OddsShopper Premium’s market-based EV bets to find the best avenue to take with a home run bet on Caesars.

We can go a couple of different ways with this. One option is simply taking the guy the model deems to have the best chance of hitting a home run. Even if the odds aren’t totally in our favor, the profit boost helps with that and this strategy also gives us the best chance of being able to use the Tuesday Dingers profit boost.

The other avenue is treating this like we would any other bet. That means evaluating the market and taking the best edge possible based on expected win rate and the odds given.

If going with the latter, the best choice here is Bryan Reynolds at +750 on Caesars. The downside here is that Reynolds only has a 12% chance of going deep since he is facing Tyler Glasnow, who I think has struck out every other better he has faced for the last six years. I’ll have to double-check that data, but I am pretty sure he has a 50% strikeout rate. OK, it’s only 34.7%, but still.

Sign up for OddsShopper Premium today! Get 50% off with code “POSITIVE”.

What helps Reynolds’ case as the play, however, is the fact that it is the only home run bet on Caesars right now that is even in the ballpark of OddsShopper’s True Odds. Reynold to go deep beats every other bet’s EV by over 3 percentage points. That makes it the best home run value on the board even before we factor in the potential profit boost.

If we opt to take the guy with the best shot at a shot, you probably don’t even need me to tell you who it is. I’ll give you a hint: He’s the co-MVP frontrunner alongside his teammate, he’s 6-foot-7 and he has two more homers than anyone in MLB. That’s right, Aaron Judge has a 32% chance at a home run today as he takes on Bailey Ober and the Twins.

The issue here is that Judge has +150 odds to go deep compared to +212 True Odds, so this bet is 19.7% -EV — aka an irresponsible bet on a long-term scale. The profit boost doesn’t even help get that up to +EV territory. Alas, it is the highest win rate of the bunch.

If you want more of this data to help you with your Caesars MLB home run bets, sign up now for OddsShopper Premium using the coupon code POSITIVE and you will get 50% off your first week or month! That adds up to just over a dollar a day for your first week with the best betting tools out there. Don’t wait too long — this deal won’t last forever!

Use our Underdog Fantasy promo code today for a first deposit match worth up to $250!
Categories MLB, News
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Sam Smith

Author

Sam Smith

Sam Smith is a writer and editor with Stokastic and OddsShopper. He has been immersed in the world of professional sports data since 2015 while also writing extensively on the NFL for a multitude of blogs and websites. With OddsShopper, Sam looks to blend his sports and editorial expertise with OddsShopper's data to bring you the best betting information possible.

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