March Madness has become a rite of spring for bettors and sportsbooks alike, which is why there are so many sportsbook promos available for new customers.
LSR has highlighted the top new-customer betting promos from industry-leading sportsbooks for March Madness.
March Madness sportsbook promos
DraftKings March Madness promo code: Up to $1,200 in bonuses
DraftKings Sportsbook’s rich array of betting markets, competitive odds and user-friendly interface make it one of the leading platforms in any state where it’s available.
New DraftKings customers can claim a three-pronged sportsbook promo just in time for March Madness action: The first component is a $50 bonus bet when you make an initial deposit of at least $5; the second is $150 bonus bets with a first-time bet of at least $5; and the third is a 20% first-deposit match up to $1,000, although that has a 25x playthrough requirement.
Bet $5 Get $200 in Bonus Bets
PLUS Get a $50 Bonus Bet on Deposit
PLUS up to $1,000 Deposit Bonus
Gambling Problem? Call 1-800-GAMBLER
Caesars March Madness promo code LSRDYW: Get 10 100% profit boost tokens
Caesars Sportsbook has made an indelible mark on the gaming industry for decades and is a top choice for novice and experienced bettors alike. The legacy brand’s extensive selection of betting markets includes a rich selection of domestic and international sporting events, as well as plenty of pre-built game and prop parlays.
Bettors new to Caesars Sportsbook are in luck with the platform’s new customer sportsbook promo, which they can access via code LSRDYW. That will trigger 10 100% profit boost tokens once an initial wager of as little as $1 is made, whether that bet wins or loses. Tokens are good for 14 days, and the maximum wager amount they can be applied to is $25, meaning they will afford a new bettor plenty of opportunities to take their shot at March Madness action!
- Stream NFL Games In-App for Free
- 21+ Gambling problem? Call 1-800-GAMBLER
- Use Promo Code: LSRDYW
BetMGM March Madness bonus code PLAYLSR: Up to $1,500 in bonus bets
BetMGM is a legendary gaming brand as well and offers customers an appealing combination of a wide selection of betting opportunities and bet types, along with what are typically highly competitive odds.
The sportsbook also has an enticing promo for new customers accessible through promo code PLAYLSR. The offer entitles new BetMGM users to a refund in the form of bonus bets equal to their first bet amount up to $1,500 if that bet doesn’t cash, allowing for a big swing on March Madness!
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
Bet365 March Madness bonus code LSRBET: Choose from two
Bet365 has an impressive global reputation in the gaming space and offers new customers who use the promo code LSRBET a choice between two sportsbook welcome promos.
The first involves making a minimum deposit of $10 and placing an initial bet of $5 on a wager with -500 odds or longer, which entitles the customer to $150 in bonus bets. The second is a first-bet insurance offer that also requires a minimum deposit of $10 and initial bet of $5. If the bettor’s first bet loses, they’ll get their bet amount refunded in bonus bets up to $1,000.
- 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
FanDuel March Madness promo code: $200 in bonus bets if you win
FanDuel Sportsbook has quickly become the standard-bearer in the US regulated sports betting market and keeps its customers coming back thanks to a user-friendly platform, an abundance of promotions and betting options, and even a referral program.
The industry-leading book also has a promo for new customers, providing them $200 in bonus bets if they place a winning initial bet of at least $5. Bonus bets are valid from seven days of receipt.
Get $250
- Bet $5, Get $250 in Bonus Bets if Your Bet Wins
- Available on Desktop, Android & iOS
- Gambling Problem? Call 1-800-GAMBLER. 21+
- To Claim: Click Play Now
How to claim March Madness sportsbook promos
Claiming a sportsbook promo is a relatively straightforward and streamlined process. A sportsbook customer must first go through the account creation process, which typically involves submitting basic personal identifying information.
An initial deposit of at least $5 ($10 at some books) is also usually necessary before you can claim a sportsbook bonus. Once that is completed, the sportsbook customer should enter a promo code in the appropriate field, if that is required to claim the offer. However, there are other instances where a promo code is not required to claim the welcome bonus, but rather, just a click on a hyperlink for the bonus offer does the trick.
March Madness Best Bet
Duke to win national championship (+340 on DraftKings Sportsbook)
There’s certainly potentially value in Florida as a longer-shot pick — the Gators are currently as high as +750 at FanDuel Sportsbook — but a defense that had its fair share of trouble away from home could well be what ultimately does Florida in. In contrast, the Blue Devils, the slight favorites over Auburn to win it all just a handful of days before Selection Sunday, appear virtually bullet-proof and have the all-important power of momentum coming into the tournament.
Duke finished regular-season play with victories in 24 of its last 25 overall, including eight straight. Jon Scheyer’s squad heads into the ACC Tournament ranked No. 9 in the country in points per game (83.5) and No. 4 in points allowed (61.4). Duke also finished No. 8 in 3-point shooting (38.7%) while finishing in the top 15 in turnovers committed per game (9.5), further corroboration of the Blue Devils’ ability to excel in everything from offensive efficiency to ball security.
The trio of Cooper Flagg, Kon Knueppel and Tyrese Proctor leads the way, and fifth-year senior Sion James is a highly efficient “fourth wheel” who drained a blistering 53.9% of his attempts, including 42.6% from behind the arc. On the other end of the court, the Devils allowed the third-lowest shooting percentage (38.2%), corroborating how difficult a puzzle they’ll be to solve.
With depth, height and balance on their side, the Blue Devils make for a formidable bet to take home national championship hardware at the conclusion of March Madness.
