How to earn a free NBA Jersey from the Caesars Sportsbook App

Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings and MileValue may receive a commission from card issuers. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Note: Some of the offers mentioned below may have changed or are no longer available. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. You can view our current offers here.

What if I told you that you could get a free NBA Jersey from the Caesars sportsbook by placing two bets – on the same game! I wrote a few weeks ago about my initial experience opening the sportsbooks accounts after it was legalized in New York. The NBA jersey promotion is definitely under the radar and is one of the simplest hedges to complete. Learn how to take advantage of this promotion below.

The Promotion

Caesars Sportsbook is offering all users the opportunity to bet $100 on an NBA game to earn a free jersey! The jersey is actually awarded in the form of a $150 NBAstore.com gift card. Simply, opt-into the promotion and place the $100 bet on any NBA game that has odds of -200 or greater.

What if I lose the $100 bet?

This is where arbitrage betting comes into play. By betting on both sides of the game, you’re guaranteed to not lose any money and possibly win a few dollars on top of the jersey.

How to complete the hedge step-by-step

First, you’ll need a calculator to compute the best arbitrage bet. I use the darkhorse calculator which is pretty user-friendly. It’s only $9 for the first month to use the service, given I’ve made over $12 grand from hedging, I’d say it’s worth every penny.

Open the Calculator

Select arbitrage and then adjust the filter to just NBA. Next, change the amount to $100 to see what’s available.

Select a Game

Look at the results and find the best bet that is offering -200 or better odds. The example below shows a $100 bet on the Caesars sportsbook and a $64 hedge bet on the FanDuel sportsbook.

$100 Caesars NBA bet

Make sure that the primary bet is $100 via the Caesars Sportsbook as shown in the example below. No matter what happens in the game, you’ll win either $2.67 or $3.68 plus the $150 Jersey NBAstore gift card.

Check your spam folder

After the game takes place, you’ll most likely find the Jersey gift card credit in your spam folder. It includes a virtual code to redeem for $150 via the NBAstore.com website.

Check your spam folder for the Caesars Free NBA Jersey Code

When does the Caesars Free NBA Jersey Promotion End?

This promotion is going to end on February 7th, 2022.

What am I doing with the Caesars Free NBA Jersey?

I am going to donate both my and Lisa’s gift cards to a local high school’s basketball team. Figure it would be a nice incentive to use for the kids in practice or at the end of the season.

Hedging Strategy

If you’re following along from my first article and hedging through all of the new account promos; you’ll most likely “naturally” end up betting the $100 on an NBA game to unlock another sportsbook promotion. The arbitrage strategy covered in this article is a direct route to earning the $150 gift card.

Another Strategy – Using the Site Credit Calculator

This strategy involves using the site credit darkhorse calculator function. Essentially, if your Ceasars bet wins you’ll get your hedge wager returned in profit. If Caesars loses, you’ll receive whatever the conversion is back from your hedge bet. In the example shown below, no matter who wins, you’ll only lose ~ $7 on the bets and still earn the Jersey gift card. Using the site credit option is usually easier to use than the arbitrage above and still gets you the jersey at a small loss.

Site Credit Filter for the Free NBA Jersey

Use the following settings for the site credit filter to earn the Caesars Jersey Credit.

  • League = NBA
  • Market = Main Lines Only
  • Bet Odds = -200

Basic Breakdown

It’s that easy! In the example above, you actually would get paid to earn that free jersey which is bananas. It’s been a wild two weeks deep-diving into the sportsbook arbitrage world. My original article estimated around 12K profit from the initial bonuses which was a huge underestimation. Stay tuned for my next article which will outline how much I’ve made and what I’ve learned about this hobby along the way.

Did you take advantage of the Caesars Sportsbook Free Jersey Promotion?

I’d love to hear in the comments below or over in our 7,600+ Member Basic Travel Facebook Group!

More Basic Reading

Editorial Disclaimer: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

The comments section below responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

5 Basic Travel Strategies

Need-to-know tricks for cheap travel.

Top Credit Card Offers

Chase Freedom Flex℠

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

Citi Premier Credit Card

Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

Chase Sapphire Preferred® Card

Earn 60,000 Ultimate Rewards Points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.

American Express® Gold Card

Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.


We're Dave & Lisa

An easy-going, fun-loving couple who have a passion for adventure and exploring the world! Our strategies have saved us over $100,000 in travel over the last four years, and our goal is to help you do the same.

Keep Exploring