March Madness Betting Promos

Get your brackets ready, because one of the most exciting sporting events of the year is here - March Madness.

We've assembled all of the biggest and best offers for the NCAA Tournament here so you can cash in on some promos even after your bracket's busted.

Use the table of contents below to navigate to a specific sportsbook's March Madness promo, or just keep scrolling to learn more.

The promotion that BetMGM is currently rolling out for March Madness second chance bet worth up to $1,500. To claim this offer, you just have to sign up, deposit a minimum of $10, and place your first real-money wager on BetMGM.

If your first bet wins, you just get your winnings. However, if you lose your first bet you will get refunded in bonus bets 100% up to $1,500. It should be noted that the bonus bets expire within 7 days.

This is a pretty standard welcome offer, but for March Madness you can also take advantage of the following betting promos on BetMGM:

• Bracket Challenge - The past two years, BetMGM ran a bracket challenge that rewarded $10 million to anyone who had a perfect bracket, with $100,000 guaranteed to the player with the best bracket. The best part was it was completely free-to-play. There are no guarantees, but we're hoping for something similar this year.
• One Game Parlay Insurance - For various sports, BetMGM offers users the chance to create One Game Parlays with no risk if just one leg of their wager falters. We expect this promotion to be running during the NCAA Tournament.
• BetMGM Rewards - Players can rack up points for on-site bonuses like bonus bets, as well as perks for MGM resorts across the country

DraftKings Sportsbook has one of the best slates of offers for March Madness.

New users to DraftKings Sportsbook can claim $150 in bonus bets instantly after their first real-money wager of just $5.

This is a great March Madness promotion because there is a ton of freedom. First of all, you get your bonus for placing a $5 bet on any market - it doesn't even have to be on the big dance.

DraftKings Sportsbook users can also cash in on the following promotions during the NCAA Tournament:

• Bracket Challenges - DraftKings has two major bracket challenges - a traditional Millionaire Bracket Challenge that rewards the best bettor, and a Zero Right Bracket Challenge that actually rewards the worst bracket in the country.
• Free Pools - One of the best and most unique aspects of DraftKings Sportsbook is the offering of a pools feature, many of which are free to play and offer cash prizes. This is perfect for March Madness, where brackets rule above all. You can even create private DraftKings Pools for you and your friends to play.
• Existing User Promos - Once you're up and running on DraftKings, the mobile app will keep you posted with tons of no sweat bets, odds boosts, and other promotions during March Madness via push notifications.

FanDuel Sportsbook has become the dominant name in sports betting, in no small part due to their regular promotions you don't already have an account with FanDuel Sportsbook, then you can sign up today and claim a Bet $5, Win $200 offer.

After you sign up with FanDuel Sportsbook, you just need to make a real-money wager of at least $5. If your bet wins, FanDuel Sportsbook will reward your account with $200 in bonus bets.

In addition to this welcome offer, FanDuel Sportsbook also offers a ton of promotions for returning customers during the NCAA Tournament:

• Profit Boosts - Users on FanDuel Sportsbook can take advantage of a huge amount of odds & profit boosts every day during the big dance to get even more bang for their buck.
• Same Game Parlay Promotions - FanDuel Sportsbook has some of the best features for Same Game Parlays of any sportsbook. They'll often show off this feature by offering Same Game Parlay promotions like enhanced odds for pre-packaged Same Game Parlays or SGP Insurance.

If you want to sign up with Caesars Sportsbook in time for the NCAA Tournament, you're in line for a big promo offer - up to $1,250 back as in bet credits if your first real-money wager busts.

All you just have to sign up and place your first bet. If you lose, it's on Caesar - meaning you will be refunded 100% up to $1,000 in the form of a single bonus bet.

In addition to the big dollar amount, Caesars has the following offers on tap for existing customers:

• Odds Boosts - Caesars Sportsbook dominates the market with the odds boosts offered on their platform. Dozens are available daily on various sports, leagues, and events, so you can bet there will be plenty for March Madness.
• Profit Boosts - Similar to odds boosts, but a little different, Caesars Sportsbook profit boosts allow users to select which bets they'd like to get increased winnings on instead of being stuck picking from a pre-selected compilation of options. Caesars often allows users the chance to use profit boosts on college basketball parlays.

Bet365 is the world's most popular sportsbook and continually expanding in the US.

If you want to find out what all the fuss is about in time for March Madness you have your choice of offer - get $150 in bonus bets after your first $5 wager or get refunded $1,000 in bonus bets if your first bet loses.

This choice makes Bet365's offer one of the best sign up promotions for the NCAA Tournament, and you can test out one of the very best online sportsbooks in the US with a ton of added value.

After you go through your bonus cash, Bet365 has got you covered with plenty of promos for the big dance, including:

• NCAAB Early Payout Offer - Want to avoid a Cinderella busting your bracket and your bet? On Bet365 if your team goes up by at least 18 points at any stage of the game, then your winnings lock in regardless of the final score.
• Multi Sport Parlay Bonus - If you want to combine your tourney bets with other sports, you can get up to a 70% profit boost on your wagers the more legs you add to your betslip.

BetRivers has built a reputation as a sportsbook known for offering players a lot of value via bonus and promotional offerings.

Similar to other operators here, your first bet on BetRivers is covered by the operator. With BetRivers' second chance bet, if your first wager loses you will be reimbursed 100% of your stake up to $500 in the form of a bonus bet.

Once you're set up with your account, you can take advantage of the following March Madness promos on BetRivers:

• Bracket Challenge - In 2023, BetRivers handed out up to $600 in prizes for users participating in their NCAA Tournament Challenge.
• Parlay Insurance - One of the most commonly-offered promos on BetRivers, users can often have their NCAAB parlay wagers protected if one leg of a 3+ leg parlay causes the whole wager to lose.