Caesars Sportsbook Michigan Comes Out with a Soccer Parlay Insurance Promo

The World Cup Soccer Event in Qatar is officially underway. While U.S. sports bettors aren’t often interested in wagering on soccer matches, they will step up and wager on World Cup matches, especially when the U.S. team is still in the mix. For this first week of World Cup action, Caesars Sportsbook Michigan has made the decision to post a promo that gives Michigan sports bettors some extra incentive to wager on first-week matches. The operator’s “Soccer Parlay Insurance” promo is currently available, and prospective participants are asked to review the offer’s details as listed below.

The Caesars Sportsbook Soccer Parlay Insurance promo formally began on November 28, 2022, and will not expire until Sunday, December 2, 2022, at 11:59 pm est. As is always the case with all Caesars bonus promos, participants will need to locate the bonus logo and opt into the promo.

After opting into this offer, participants will need to proceed by placing a qualifying wager. Using the terms and conditions, a qualifying wager is defined as a World Cup soccer parlay of at least 4 legs. Each of the legs listed will need to have minimum odds of -200. Note: Same Game Parlays will not qualify for this offer.

If the qualifying wager ends up being a losing bet by exactly one leg, the participant will be entitled to a 100% insurance rebate. The rebate bonus will be capped at $25. Recipients can expect to receive their insurance rebates within two (2) days of the offer expiring. When payments are made, they will be awarded as free bet vouchers. Bonus recipients are then going to be given seven (7) days to place their free bets. Failure to meet this hard deadline will result in the offer being revoked and removed. Should bonus recipients complete this wagering requirement and hit a winning free bet, the net winnings will immediately be made available for withdrawal.

During the duration of this promotion, Caesars Sportsbook management will retain the right to dictate changes to the terms and conditions. They will also retain the right to suspend or end the offer and resolve any and all bonus disputes.

All participants must meet the minimum age requirement of 21 years old and agree to place all qualifying wagers within the state of Michigan’s boundaries. Tracking of participant locations will be manned by Caesars Sportsbook management through the use of geo-tracking technology.

Caesars employees cannot participate in this promo.