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This article is dated March 6, 2023, content related to promotions is no longer valid. Any promotion described below has expired.
March starts the countdown to the NCAA's March Madness basketball tournaments. In the days leading up to the start of the event, sports bettors will be looking for ways to build their bankrolls. Caesars Sportsbook New Jersey has introduced a new bonus offer that will allow them to do that while also motivating them to focus on college basketball bets. The operator's "25% Daily College Basketball Parlay Token" bonus promo has been posted under the following terms and conditions.
The Caesars Sportsbook 25% Daily College Basketball Parlay Token will run for one (1) week, starting on March 1, 2023, and concluding on March 8, 2023. To claim up to seven (7) bonus tokens, registered Caesars customers will need to opt into the promo. After they do, they will be given one (1) parlay token each day that they sign in during the promo period. That token will automatically show up in the participant's "bonus drawer."
The parlay token is a boost token that must be used on a qualifying bet. For this promo, a qualifying bet will be a college basketball parlay of at least 4 legs with a minimum possible payoff at odds of +400. The max wager that can be connected to a token is $50 with the biggest possible payoff capped at $1,000.
If any qualifying bets end up being winning bets, the parlay boost token will result in the winning wager getting boosted by 25%. The amount boosted will be restricted to net winnings, which excludes the actual amount of the qualifying wager. The bonus amounts will be awarded as cash at the same time the qualifying bet is settled. Since it's a cash reward, there will be no need to fulfill any further wagering requirements. The whole bonus can be immediately withdrawn.
Caesars Sportsbook through its management will have the ability to alter the terms and conditions of this bonus during the duration of the promo period. Should they make a decision to prematurely end the offer for any reason, they can do exactly that without having to give customers any advance notice.
Caesars employees are not eligible to participate.
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