March Madness is here, which means it is time for sportsbooks to offer some of their best betting promos of the year.
LSR has included the top Round 1 betting promos available for new customers this March Madness.
Top March Madness betting promos
DraftKings March Madness promo code: Up to $1,200 in bonuses
DraftKings Sportsbook is a favorite of bettors for a number of reasons, including its wide array of betting options, competitive odds and user-friendly interface.
For bettors who’ve yet to sample what DraftKings has to offer, they can now capitalize on a three-pronged sportsbook promo just in time for March Madness action: The first component is a $50 bonus bet when they 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 is a brand Nevada bettors have long been comfortable and familiar with, and the rest of the US regulated sports betting market is now also reaping the benefits. Caesars offers new and experienced bettors a rich selection of betting options, including through an extensive array of prebuilt game and prop parlays.
Those ready to try out Caesars Sportsbook for the first time can access an excellent new customer welcome bonus via code LSRDYW, which triggers 10 100% profit boost tokens once you place an initial wager of as little as $1, whether that bet wins or loses. Tokens are good for 14 days, and the maximum wager amount you can apply them to is $25, meaning there are plenty of chances to take a financial stake in some 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: First-bet offer up to $1,500
BetMGM is a legacy gaming brand in its own right and is also progressively expanding its footprint throughout the US regulated sports betting market while offering a variety of bets on domestic and international events, as well as competitive odds.
The sportsbook also currently boasts an enticing sportsbook promo for new customers accessible through promo code PLAYLSR, which triggers a refund in the form of bonus bets equal to a bettor’s first wager amount up to $1,500 if that bet doesn’t cash. That enables the opportunity to take a big swing on March Madness if a new bettor so chooses!
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
Bettors looking to try out the platform of internationally renowned sportsbook bet365 are in luck! With promo code LSRBET, new bet365 users can access one of two sportsbook 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 that first bet loses, the bettor will get a refund 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 your bet wins
FanDuel Sportsbook has rocketed to the upper echelon of the US regulated betting market with a user-friendly platform, a host of appealing promotions and highly competitive odds.
The sportsbooks also currently offer new customers a welcome bonus that dovetails with the start of March Madness — new users who place an initial bet of at least $5 and win will receive an additional reward of $200 in bonus bets, which 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
Best March Madness betting promo for beginners: DraftKings Sportsbook
While all of the sportsbook promos detailed above make for appealing entry points into trying out the platforms offering them, DK’s up to $1,200 in bonuses may well be the best one for beginning bettors.
The offer gives users a multitude of ways to capitalize, and cashing the initial bet isn’t a requirement. Bettors will receive $50 in bonus bets just for depositing at least $5 and another $150 in bonus bets once they place an initial bet of at least $5.
The third component, the 20% deposit match, does carry a 25x playthrough requirement, but it still offers a chance for a bettor to receive additional funds to play with.
Highest betting promo for March Madness: BetMGM
As far as which March Madness sportsbook promo best facilitates a sizable wager that could pay big dividends, it would clearly seem to be BetMGM’s first-bet offer of up to $1,500.
With bettors receiving a refund of up to $1,500 in the form of bonus bets if their first wager loses, there’s certainly a path to a high-risk/high-reward wager on a big March Madness underdog, for example, thanks to the safety net of additional betting opportunities if the ticket doesn’t cash.
