March Madness is one of the biggest betting events of the year, and March Madness sportsbook promos are here to help bettors get in on the action. Whether you’re a new bettor or considering new sportsbooks, these March Madness betting promos provide bonus bets, first-bet safety nets, and other valuable incentives to maximize your bankroll for the tournament.
The following sportsbook promos are the top options for March Madness, giving you bonus bets, risk-free wagers, and deposit match offers. Take advantage of these deals to bet on every game from the First Four to the Final Four with added value.
Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
Use Bonus Code: PLAYLSR
- Bet $5 Get $150 in Bonus Bets Win or Lose
- OR First Bet Safety Net up to $1,000
- 30% Extra on Same Game Parlay Profit
- T&Cs Apply. Gambling Problem? Call or text 1-800-GAMBLER 21+
- Use Bonus Code: LSRBET
- Stream NFL Games In-App for Free
- 21+ Gambling problem? Call 1-800-GAMBLER
- Use Promo Code: LSRDYW
Get $200
- Bet $5, Get $200 in Bonus Bets if Your Bet Wins
- Available on Desktop, Android & iOS
- Gambling Problem? Call 1-800-GAMBLER. 21+
- To Claim: Click Play Now
- Up to $100 in Bonus Bets if First Your Bet Doesn't Win
- Get Your Bets Boosted
- 21+. Gambling Problem? Call/Text 1-800-Gambler. T&Cs apply
- To Claim: Click Play Now
- Bet and Get up to $1,000 in No Sweat Bets
- Earn FanCash & Spend it on Team Swag or More Bets
- 21+. Gambling Problem? Call 1-800-GAMBLER
- To Claim: Click Play Now
Bet $5 Get $200 in Bonus Bets + Score a No Sweat Parlay Every Day
PLUS Get a $50 Bonus Bet on Deposit
PLUS up to $1,000 Deposit Bonus
Gambling Problem? Call 1-800-GAMBLER
DraftKings March Madness promo code: Bet $5, get $150
DraftKings Sportsbook is offering $150 in bonus bets if you place a first bet of $5 or more. Simply deposit at least $5, place a $5 wager, and get $150 in bonus bets — win or lose.
This is an easy way to get a significant betting boost for the tournament without much upfront risk.
Caesars March Madness promo code: First-bet refund up to $1,000
Caesars Sportsbook will provide a first-bet refund of up to $1,000 if your initial wager at the sportsbook loses.
This is ideal for bettors who want to take a bigger swing on their first bet without worrying about a total loss. Caesars Rewards members can earn loyalty points, too, giving this promo an additional dimension.
BetMGM March Madness bonus code: Refund up to $1,500
BetMGM offers new users a first-bet refund up to $1,500. That means bettors looking to place a bit of a bigger bet would get some bonus bets should their wager lose.
Bet365 March Madness bonus code: Two choices
Bet365 Sportsbook allows you to choose between two promos:
- Bet $5, get $150 in bonus bets (win or lose)
- First-bet safety net up to $1,000
The bet-and-get option is great for casual players, while the safety-net promo might be of more interest to high-stakes bettors looking to reduce their risk on a larger first wager. With competitive odds and extensive markets, bet365 is a great option for March Madness.
FanDuel March Madness promo code: Win a $5 bet, get $150
FanDuel Sportsbook is offering new bettors $150 in bonus bets if they place a winning first wager of $5 or more. As long as your first bet of at least $5 wins, you’ll get $150 in bonus bets.
With competitive odds, a top-tier app, and a wide range of betting markets, FanDuel is an excellent choice for March Madness betting.
How to claim March Madness sportsbook promos
Claiming a March Madness promo is simple:
- Click the promo link: Access the offer using an official sportsbook link.
- Create an account: Provide basic details for identity verification.
- Enter the promo code (if required): Some sportsbooks require a promo code during sign-up or deposit.
- Make a deposit: Most promos require a minimum deposit of $5 or $10.
- Place a qualifying bet: Complete the required wager to activate the bonus bets or safety-net offer.
March Madness best bet: Auburn to win title
The Auburn Tigers are about as complete as you can get as a team, with a strong mix of elite talent while also boasting a lot of experience. They are led by national player-of-the-year candidate Johni Broome, who can do it all, averaging a double-double.
Behind Broome are four guards averaging double figures, with each shooting 37% or better from three. As long as they remain healthy, the Tigers are a solid bet to win it all.
Auburn to win national championship +340 (DraftKings)
