March Madness has begun. That’s correct. The NCAA Tournament has started. So boost Your March Madness Winnings With Parx Free Bracket Contest. The madness can now be legally wagered on right here in New Jersey for the first time.
All legal NJ sportsbooks would then publish odds on every game and futures market, permitting you to bet on the team you presume will win. In addition, Parx Casino, the new sportsbook’s home, is planning to host its March Tournament Bracket Blowout.
March Madness Betting Sites 2023
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Prize Money of $2,000 is Available
This traditional March Madness bracket contest is open to everyone 21 and older who is not listed on the Pennsylvania Gaming Control Board (PGCB) exclusion list. It’s also free to participate, with a $2,000 prize pool.
Go to Parx’s website, which will host the competition. You should fill out a bracket to participate by choosing winners from all 63 tournament games. Also, complete it by March 21 at 12:14 p.m., once the entry period closes.
The $1,000 first-place prize winner will be the person who created the best bracket. Parx will also give the runner-up $500 and the third-place finisher $250. Furthermore, the fourth and fifth most excellent brackets gain $150 and $100, respectively.
To join, you need to provide Parx with your email; however, only two entries per email address are permitted. In addition, the first four games played on March 19-20 do not count.
Points are Awarded for Parx March Madness Victories
Parx will score the brackets using a point system. Here’s how it works:
- 1 point = Round 1 wins
- 2 points = Round 2 wins
- 4 points = Sweet 16 wins
- 8 points = Elite Eight wins
- 16 points = Final Four wins
- 32 points = Championship game wins
That signifies earning up to 192 points for such a perfect bracket.
Finally, Parx requires March Madness tournament winners to visit the casino to claim their prize physically. Anyone under 21 who believes they can participate in the game here must not worry.
Winners must also have a Parx XClub login or generate one to receive their prize. You’ll need proof of identity to get that, of course.
By participating in the contest online, you consent to Parx contacting you via email about future promotions and offers.
Parx Now Accepts March Madness Bets
In the meantime, March Madness is a great time to check out Parx Casino’s brand-new sportsbook. Or at Parx’s other sports betting locations, South Philadelphia Race & Sportsbook and Valley Forge Race & Sportsbook.
Parx Casino is still running sports betting functions from a temporary betting company, which includes:
- Players can watch up to 28 games at once on 20 HD TVs and two 16-by-9-foot screens.
- There are seven gambling windows with live teller service.
- 45 self-service sports betting kiosks
- There is a full-service bar.
The casino offers food and beverage specials at Liberty Bell Gastropub & Beer Garden in conjunction with Parx March Madness. You can sit within that beer garden while remaining near enough to a betting booth to place a bet.
On the other hand, a $10 million, 10,000-square-foot fixed sportsbook is currently under construction, and Parx expects it to open this summer.
What Exactly Is March Madness Bracket Betting?
Among the most popular sports gambling events is March Madness. It is done once a year, in March, as the name suggests. Thousands of people attended the event, as mentioned above. It’s famous for one reason: world-class sports teams.
In gambling, a bracket is a type that people can fill out online or even in print. This person forecasts the outcome of every game in a tournament.
The prediction is then compared to other predictions in the same pool. Whoever makes the most accurate prediction wins. Bracket betting is considered one of college basketball’s most popular methods.
Every year in March, a tournament with 64 teams determines the college or NCAA basketball champion. The tournament in question is known as March Madness or The Big Dance. March Madness represents one of the craziest times of the year for college sports fans or any sports enthusiasts for that subject.
Every year, billions of dollars are wagered on March Madness. As a result, bracket betting has become one of the most famous forms of gambling.