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This article is dated May 17, 2023, content related to promotions is no longer valid. Any promotion described below has expired.
It's mid-spring, which means it's time for the PGA's PGA Championship. This elite golf event is the second of four legs of golf's "Grand Slam." For U.S. sports bettors, this will be yet another opportunity to enjoy betting on professional golf, something that isn't quite as popular as wagering on top sports like the NFL or NBA. To ensure customers have extra motivation to make wagers related to this PGA event, Caesars Sportsbook Pennsylvania is offering a nice offer called "PGA Championship Top 10 Insurance." The following information is a partial guide to the promotion's terms and conditions.
The Caesars Sportsbook PGA Championship Top 10 Insurance will be available during the runup to tee-off time for the first round of the event. That would be from May 13, 2023, until May 17, 2023. After customers have completed a short log-in procedure, they will be able to participate in this promotion by simply placing a single qualifying wager.
For this promo and under its terms and conditions, a qualifying bet is defined as a prop bet of at least $1 on any player to win the PGA Championship. There is no minimum odds requirement. However, each participant can only attempt to claim this offer once with their first qualifying wager being the one that counts.
If a participant's chosen player loses but does manage to finish in the top 10, the participant will have earned the right to an insurance rebate on their wager. The insurance rebate will be calculated at 100% of the qualifying bet amount up to a max bonus of $25.
All insurance rebates will be awarded as bonus bet tokens that will be distributed within 24 hours after the event has been settled. After receiving their tokens, recipients will have exactly seven (7) days to use them before they expire. If tokens result in a winning bonus bet within the stated deadline, the bonus recipient will be entitled to receive and withdraw the net winnings, which does not include the amount of the bonus bet.
PA sports bettors are required by law to be at least 21 years old and must agree to be in the state when they register and place their wagers. Geo-tracking technology will be used to confirm each customer's location.
It will be within Caesars' right to terminate or change this promotion at any time without giving a reason. They shall also have sole authority to resolve disputes.
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