Best March Madness Betting Promos
Article

March Madness Betting Promos

22 February 2023

The NCAA Tournament is here, and whether you're backing a #1 seed or a cinderella story we've compiled the best bonuses for the big dance

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Best March Madness Betting Promos
Sportsbook BonusAction
#1
Up to $1,000 First Bet on Caesars
#2
Bet $5, Win $150
#3
No Sweat First Bet of up to $1,000
+ Daily No Sweat SGPs
#4
Bet365 bonus
Bet365 bonus
Bet365
4/5
Bet $5, Get $150 or
$1,000 First Bet Safety Net
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Limit one bonus per user.
Offer available in AZ/CO/IA/IN/KY/LA/NJ/OH/VA.
First online real money wager for both offers. $10 first deposit required within 30 days.
Minimum wager of $5 required to claim the $150 bonus bets.
Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
Bonus issued as non withdrawable bonus bets that expires in 30 days.
See full T&C at Bet365. #ad
#5
2nd Chance Bet up to $500
#6
BetMGM bonus
BetMGM bonus
BetMGM
4/5
Bet $5, Get $150
#7
$100 No Regret First Bet
#8
Betway bonus
Betway bonus
Betway
4/5
1st Bet Reset of up to $250
#9
Up to $250 in Matched Bets
Over Your First 5 Weeks
Promo Code: CLUTCH250
#10
Cash Back up to $300
Promo Code: SBOST

March Madness Promotions

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.

BetMGM March Madness Promo

Betmgm Bracket Challenge

BetMGM's 2023 March Madness package was highlighted by a $10 Million Bracket Challenge

The promotion that BetMGM is currently rolling out for March Madness second chance bet worth up to $1,000. 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 $1,000.

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 - 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

BetMGM March Madness Betting Promotion

Bet $5, Get $150

BetMGM is currently available in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming

Claim $150 Offer

DraftKings Sportsbook March Madness Promo

Draftkings Zero Right Bracket Challenge

DraftKings is actually rewarding players that have the worst bracket for the NCAA Tournament, so you get something when your bracket busts

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 game.

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 Millionnaire 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.

DraftKings Sportsbook March Madness Betting Promotion

No Sweat First Bet of up to $1,000
+ Daily No Sweat SGPs

DraftKings Sportsbook is currently available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming

Claim $1000 Offer

FanDuel Sportsbook March Madness Promo

Fanduel Sportsbook March Madness Promo

FanDuel Sportsbook has a unique welcome offer for the NCAA Tournament

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 $20 Get $200 offer.

After you sign up with FanDuel Sportsbook, you just need to make a real-money wager of at least $10. Whether you win or lose, FanDuel Sportsbook will multiply your original bet 10x up to $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.

FanDuel Sportsbook March Madness Betting Promotion

Bet $5, Win $150

FanDuel Sportsbook is currently available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming

Claim $150 Offer

Caesars Sportsbook March Madness Promo

Caesars Sportsbook CBB Profit Boost

One of the most attractive March Madness promos on Caesars Sportsbook is the number of parlay profit boosts available

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 $1,250 in the form of a single bonus bet.

In addition to the big dollar amount, the offer has the advantage of including 1000 Caesars Rewards and Caesars Tier points. These points can qualify you for benefits if you plan on staying at Caesars hotels or casinos.

  • 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.

Caesars Sportsbook March Madness Betting Promotion

Up to $1,000 First Bet on Caesars

Caesars Sportsbook is currently available in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming

Claim $1,000 Offer

PointsBet March Madness Promo

Pointsbet Odds Boost

PointsBet regularly offers users perks such as odds boosts and parlay boosters

We've ranked PointsBet as one of the best online sportsbooks in the US, and their smattering of promotional offers plays no small part

New users to PointsBet for the big game can claim up to $250 in second chance spread across their first five qualifying wagers in their first 5 days on the app.

This sign up bonus is the perfect opportunity for users to test out a new sportsbook with minimal risk during the NCAA Tournament. Considering that this promo allows you up to five protected bets on the first five days of March Madness, there's no denying it's a strong option.

March Madness bettors can also claim the following offers on PointsBet:

  • PointsBet Rewards - With their rewards program, users can earn bonus bets the more they wager. Every $5 wagered on pointsBet earns you a point so regular users can rack up more and more bonus points over time.
  • Booster Odds - Users on PointsBet can often claim boosted odds on major games or on their parlays for March Madness.

PointsBet March Madness Betting Promotion

Now a Fanatics Experience

PointsBet is currently available in Colorado, Illinois, Indiana, Iowa, Kansas, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia

Claim PointsBet Bonus offer

Bet365 March Madness Promo

Bet365 NCAAB Early Payout Offer

Bet365 offers users early payouts for NCAAB to avoid bad beats and backdoor covers

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, then you can sign up today and get $365 in bet credits instantly after you place your first $1 bet. This is 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.

Bet365 March Madness Betting Promotion

Bet $5, Get $150 or
$1,000 First Bet Safety Net

Bet365 is currently available in Colorado, Ohio, New Jersey, and Virginia

Claim $1,000 Offer

BetRivers March Madness Promo

BetRivers Bracket Challenge

BetRivers is running a bracket challenge for the 2023 NCAA Tournament

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 is handing 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.

BetRivers March Madness Betting Promotion

2nd Chance Bet up to $500

BetRivers is currently available in Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, New York, Ohio, Pennsylvania, Virginia, and West Virginia

Claim $500 Offer

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