March Madness Betting Promos

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 - For the past several years, BetMGM has run 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

Fanatics Sportsbook is giving new players a special offer for March Madness - up to $1,000 in No Sweat Bets. To claim the deal, sign up, verify your account, deposit at least $5, and place your first bet within five days of opting in.

If your first bet of the day loses, Fanatics will match it 100% in bonus bets, up to $100, for your first 10 days. To qualify, you need to place a bet of $5 or more on any market with odds of -500 or higher.

We really like how you can spread out the offer over several days, making it a really strong proposition for the action packed first few rounds of the NCAA Tournament.

If that's not enough, Fanatics offers the other perks:

• FanCash Rewards Program - By placing bets on Fanatics Sportsbook, users will earn rewards for the awesome Fanatics FanCash Rewards Program. Through this, users get bonuses that are eligible for use both on the sportsbook and when buying merchandise through the Fanatics network or e-stores.
• Same Game Parlay Boosts - Just about every day, Fanatics users will be eligible for Same Game Parlay boosts, ranging from 25-50%. Users typically receive multiple per day, so you can boost multiple SGPs while sitting at home on the first Thursday.

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

New users to DraftKings Sportsbook can claim $200 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 in Bonus Bets' 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.
• Refer-a-Friend - FanDuel consistently offers users the chance to benefit from getting their friends and family to sign up with the sportsbook. As one of the most consistently-offered sports betting referral bonuses.

If you want to sign up with Caesars Sportsbook in time for the NCAA Tournament, you're in line for a big promo offer - 10 profit boosts tokens to be used on 10 separate wagers.

Sign up using the eligible promo code and place your first cash bet of at least $1 through the Caesars app or website to instantly get 10 profit boost tokens. Each token doubles your profits on any market, with a maximum bet of $25 and a limit of $2,500 in extra winnings per token.

Given you can spread your bet across 10 different wagers, this sign up offer is perfect for the first couple of days of the Tournament.

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 $10 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.
• Bracket Challenge - Users can win up to $10 million in prizes for a perfect bracket, with the top $5,000 entrants all getting prizes with the Bet365 bracket challenge!

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.

The amount offered via our BetRivers bonus code SBOBONUS varies from state to state, ranging from $100-$500.

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

• Bracket Challenge - Over the past several years, 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.

If you're looking to bet smarter this tournament, Sporttrade - our favorite betting exchange - has a slam-dunk offer for new users: Get up to $100 in withdrawable cash back when you sign up using promo code SBOST.

This offer is unlike anything you'll find on any traditional sportsbooks. Instead of bonus bets, Sporttrade credits you real cash - with 3% of every bet you place in your first seven days tracked and refunded directly to your account.

That means no turnover requirements, no restrictions - just real money back. Whether you're betting on blue bloods or backing this year's Cinderella stories, you’re earning extra cash every step of the way.

And once you've taken advantage of your welcome bonus, Sporttrade keeps the value coming with innovative features to enhance your March Madness experience:

• Better Odds & Lower Fees – Unlike traditional sportsbooks, Sporttrade’s exchange model offers tighter spreads and better prices, meaning higher potential profits on every wager.

Hard Rock Bet is turning up the heat with another great welcome offer—get up to $100 back in bonus bets if your first real money wager doesn’t hit.

Getting started is simple: sign up, make a deposit, and place a bet of at least $10. If your first wager wins, you keep your profits—no strings attached. If it doesn’t, no sweat - Hard Rock Bet will refund your entire stake, up to $100, in bonus bets, giving you a second shot at the action.

With so many unpredictable matchups ahead, having a built-in safety net makes this offer one you'll definitely want to claim - if you haven't yet - to get in on the tournament excitement.