Caesars Parlay The Tournament

Parlay Bonus

Caesars Parlay The Tournament
Caesars Sportsbook

About the Bonus

The Caesars March Madness Parlay Bonus is a promotional event centered around the excitement of March Madness, tailored for participants interested in placing Parlay, Super Parlay, or Same Game Parlay wagers. Running from March 18, 2024, to April 8, 2024, this promotion encourages bettors to engage with the tournament in a more strategic and potentially rewarding manner. Participants who opt into the promotion and place a qualifying bet of $5 or more on any Parlay, Super Parlay, or Same Game Parlay can compete for additional rewards based on the odds of their wagers. The promotion is structured to reward ten winners, with the prizes varying significantly from first to tenth place, emphasizing higher rewards for those who successfully place bets with the longest odds. The total number of entries a participant can have is capped at 2,500, ensuring a broad participation base while maintaining a competitive environment.

Pros & Cons


  • Encourages strategic betting by rewarding the longest odds.
  • Wide range of prize values, making it appealing to a variety of participants.
  • High cap on the number of entries (2,500), allowing for extensive participation.
  • Open to a variety of parlay types, including Parlay, Super Parlay, and Same Game Parlays, providing flexibility in betting strategies.


  1. Limited to only ten winners, which may reduce the chances of winning a prize for many participants.
  2. Requires participants to opt in, which could exclude potential winners who overlook this step.
  3. The promotion is restricted to specific types of bets, excluding Straight Wagers, Super Boosts, Odds Boosts, Round Robins, and Teasers.
  4. Same Game Parlays are capped at +10,000 odds, potentially limiting the reward for highly skilled or lucky bettors.

How to Claim

To participate in the Caesars March Madness Parlay Bonus, individuals must first opt into the promotion. This introductory step is crucial for ensuring eligibility for any potential rewards. Following this, participants are encouraged to place their qualifying bets in accordance with the promotion's guidelines.

Steps to Claim:

  1. Ensure you meet the eligibility requirements: 21 years or older, with a Caesars Sportsbook account in good standing.
  2. Navigate to the Caesars Sportsbook website or mobile app and log into your account.
  3. Find the promotion listed under the promotions tab and click on the “Opt In” button.
  4. Place a qualifying Parlay, Super Parlay, or Same Game Parlay wager of $5 or more on any event within the promotional period.
  5. Keep track of your wagers; the first 2,500 will be considered for the promotion.
  6. Monitor the outcomes of your wagers; they must settle within the promotional period to qualify.
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Terms & Conditions

Understanding the terms and conditions is essential for participants to ensure compliance and maximize their potential benefits from the Caesars March Madness Parlay Bonus. These terms outline the foundational rules governing participation, wagering requirements, and reward distribution.

Key Terms & Conditions:

  • Participants must be 21 years of age or older and have a Caesars Sportsbook account in good standing.
  • Bets must be placed and settled within the promotional period (March 18, 2024, to April 8, 2024).
  • The promotion is limited to Parlays, Super Parlays, and Same Game Parlays, with a minimum bet of $5.
  • Each participant is limited to 2,500 entries.
  • Wagers using Bonus Bets or settled via the Cash Out feature do not qualify.
  • Only the first 2,500 wagers count towards this promotion for each participant.
  • A maximum of one prize can be won per participant.

Final Thoughts

The Caesars March Madness Parlay Bonus presents a structured opportunity for bettors to engage with the excitement of March Madness through strategic parlay betting. While the promotion offers significant rewards for those who manage to secure the longest odds among their peers, it also maintains specific participation requirements and limitations that could impact the overall accessibility and attractiveness of the promotion to a broader audience. Participants interested in taking part should carefully review the terms and conditions, ensuring they fully understand the steps required to claim and potentially benefit from the promotion.

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