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-BETS-OFF
Use Bonus Code: BETLSR
Bet $10 Get $365 in Bonus Bets Win or Lose
30% Extra on Same Game Parlay Profit
T&Cs Apply. GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+
Use Bonus Code: LSRBET
Get $350 in Bonus Bets Guaranteed - When You Bet $5 for 7 Days!
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Bet $1, Double Your Winnings on Your Next 10 Wagers (Up to $25 Max Bet Per Boost)
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OH only. 21+.Gambling Problem? Call or text 1-800-MY-RESET
Use Promo Code: LSRDYW
Get a 100% Bet Match up to $100 in FanCash for 10 Days
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The 2026 Men’s NCAA Tournament tips off today with a full slate of first-round games, making this one of the busiest and most valuable betting days of the year. The top March Madness betting sites are rolling out limited-time March Madness sportsbook promos, including bonus bets, boosted odds, and daily betting promos you can claim before the action begins.
Leading sportsbooks like DraftKings, BetMGM, FanDuel, Caesars, and more are competing with some of their strongest March Madness betting promos, giving bettors multiple ways to maximize value across today’s games.
Whether you’re placing your first wager or comparing offers across apps, today is one of the best opportunities to get involved. Below, we break down the top March Madness betting sites available right now, along with the key sportsbook promos and features that set each one apart.
March Madness Betting Promos & Sportsbook Bonuses
| Sportsbook | March Madness Bonus Offer | Promo code |
|---|---|---|
| DraftKings Sportsbook | Up to $1,200 in bonus funds + 100% NCAA Tournament Winner profit boost | No promo code needed |
| Caesars Sportsbook | Bet $1, double your winnings on next 10 wagers | Use promo code LSRDYW |
| BetMGM Sportsbook | Up to $1,500 in bonus bets if your first bet doesn’t win | Use promo code BETLSR |
| FanDuel Sportsbook | Up to $350 in bonus bets every day | No promo code needed |
| Bet365 Sportsbook | Bet $10, get $365 win or lose | LSRBET |
| Fanatics Sportsbook | Bet and get up to $1,000 in no-sweat bets | Click to claim promo |
Best March Madness Betting Promos: DraftKings, Caesars, & more
There are a variety of college basketball betting bonuses to consider for the 2025 national championship tournament. Below, we have full details on the currently available sportsbook promos at top betting sites.
1. DraftKings Sportsbook
Bet $5 Get $200 in Bonus Bets Instantly
Plus Get up to $1,000 Deposit Bonus
Bet on All Your Favorite Sports With America's Top-Rated Sportsbook
To Claim: Click Play Now
The DraftKings promo code for March Madness features a multi-part welcome offer for new users worth up to $1,200 in total value. This includes a 20% deposit match up to $1,000, a bet $5, get $200 offer in DK Dollars, and a 100% profit boost on a NCAA Tournament winner wager.
To get started, sign up through our link, deposit at least $5, and place a qualifying bet of $5 or more. Once your first wager is settled, you’ll receive $200 in bonus bets regardless of the outcome.
DraftKings delivers a deep college basketball betting experience during March Madness, with markets ranging from spreads and totals to player props and same-game parlays. Existing users can also access a variety of tournament promos, including:
- First Round Day One Mystery Offer: Receive a mystery profit boost for NCAA Tournament bets.
- King Of The Dogs Round One Day One: Use a qualifying bet token on the lowest-seeded team’s moneyline for a chance to win a share of $2 million in bonus bets.
- First Round Day One 3-2-1 / BTTS First Minute Bet & Get: Place a qualifying wager to unlock a live college basketball profit boost.
- FREE $1M Tournament Survivor: Pick winners throughout the tournament for a chance to win cash prizes.
This offer is available in AR, AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV & WY.
2. Caesars Sportsbook
Bet $1, Double Your Winnings on Your Next 10 Wagers (Up to $25 Max Bet Per Boost)
Stream NFL Games In-App for Free
OH only. 21+.Gambling Problem? Call or text 1-800-MY-RESET
Use Promo Code: LSRDYW
Using the Caesars Sportsbook promo code LSRDYW gives new users a chance to unlock ten 100% profit boost tokens after placing their first wager. To qualify, sign up, deposit at least $10, and place an initial bet of $1 or more. Once that bet is settled, Caesars will issue 10 profit boost tokens regardless of the outcome. This offer is available in AZ, CO, DC, IN, IL, IA, KS, KY, LA, ME, MD, MA, MI, MO, NC, NJ, NY, NV, OH, PA, TN, VA, WV, & WY.
Caesars Sportsbook offers a solid March Madness betting experience with a full range of markets, including spreads, totals, player props, and parlays for every game on the board. Current tournament promotions include:
- $5M Tournament Pick’Em: Make five picks during each of the 10 selection windows for a chance to win a share of $5 million in bonus bets if you go 50-for-50.
3. BetMGM Sportsbook
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-BETS-OFF
Use Bonus Code: BETLSR
Those who register with BetMGM bonus code BETLSR can take advantage of a first-bet insurance offer worth up to $1,500. After signing up with the code BETLSR, deposit at least $10 and place an initial wager of $5 or more. If your first bet loses, BetMGM will refund your stake in bonus bets, up to $1,500, which can be used on future wagers. This offer is available in AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, MO, NJ, NV, NY, NC, OH, PA, TN, VA, WV & WY - Note: Offer not available in NY, and bonus bets expire within seven days.
BetMGM provides a wide range of betting options for March Madness, including spreads, totals, player props, and parlay opportunities across the full tournament slate. Current promotions include:
- March Madness $500,000 Pick’Em: In this free-to-play game, you have the opportunity to pick against the spread for a shot to win Bonus Bets throughout the tournament.
- March Madness Odds Boost Token: Enhance the odds of the NCAA Tournament wager of your choice.
4. FanDuel Sportsbook
Get $350 in Bonus Bets Guaranteed - When You Bet $5 for 7 Days!
Available on Desktop, Android & iOS
Easy Deposits, Fast Withdrawals
The FanDuel Sportsbook promo for March Madness gives new users up to $300 in bonus bets back each day on losing wagers. After creating an account and making a qualifying deposit, you can start betting on college basketball right away. If your bet doesn’t win, FanDuel will refund your stake in bonus bets up to $300 per day, providing multiple opportunities to re-bet during the tournament.
FanDuel offers a user-friendly betting experience for March Madness, with full coverage of every game and a strong emphasis on same-game parlays. The platform also features trending bets, highlighted markets, and live wagering options that keep bettors engaged throughout the day.
Available March Madness promotions include:
- College Basketball Bonus Bet Drop: Receive bonus bets to use on select tournament games.
- CBB Choose Your Own Reward: Select between a 50% profit boost or two 25% profit boosts for NCAA Tournament bets.
- CBB Early Win Token: Apply an Early Win token to a pregame moneyline bet and get paid out early if your team builds a 10-point lead.
The FanDuel college basketball promotion is available in AR, AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MO, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY.
5. bet365 Sportsbook
Bet $10 Get $365 in Bonus Bets Win or Lose
30% Extra on Same Game Parlay Profit
T&Cs Apply. GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+
Use Bonus Code: LSRBET
The bet365 bonus code LSRBET unlocks a strong March Madness offer, giving new users $365 in bonus bets after placing a $10 wager on college basketball. Once your qualifying bet is placed, you’ll receive the full $365 in bonus bets whether your pick wins or loses. This offer is available in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MI, MO, NJ, NC, OH, PA, TN & VA.
bet365 provides a well-rounded betting experience for March Madness, with an extensive selection of markets that includes live betting, player props, and alternative lines. Its platform is known for fast updates and an intuitive in-play interface, making it easy to follow the action as games progress. Current promotions include:
- Early Payout: Moneyline bets can be paid out early if your team builds a sizable lead, allowing you to secure winnings before the game ends.
- Odds Boosts: Enhanced odds are regularly offered on popular tournament matchups, including favorites, underdogs, and parlays.
- Super Boosts: Heavily boosted odds on select high-profile games, often featuring top-ranked teams and key matchups.
6. Fanatics Sportsbook
Get a 100% Bet Match up to $100 in FanCash for 10 Days
Earn FanCash & Spend it on Team Swag or More Bets
Daily Odds & Profit Boosts on Select Games
The Fanatics Sportsbook promo for March Madness features up to $1,000 in no sweat bets, matching your first daily wager up to $100 for multiple days after signup. In addition, bettors earn FanCash on wagers, which can be redeemed for bonus bets or Fanatics merchandise, adding extra value with every bet placed.
Fanatics Sportsbook offers a strong college basketball betting experience with a wide selection of markets, including parlays and live betting across the full tournament slate. Its FanCash rewards system is a key differentiator, giving users ongoing value beyond standard promos. Current offers include:
- Profit Boosts (including 10x boosts): Enhanced odds on select March Madness games and parlay opportunities tied to top matchups.
- Free-to-Play Contests (Fanatics Picks): Daily and weekend contests where players can win FanCash or prizes by making picks on tournament games.
NCAA Tournament Schedule for Thursday, March 19
Here are all the matchups for Thursday evening:
- No. 6 UNC (, ) vs. No. 11 VCU – 6:50 p.m. (TNT)
- No. 1 Michigan (, ) vs. No. 16 Howard – 7:10 p.m. ET (CBS)
- No. 6 BYU (, ) vs. No. 11 Texas – 7:25 p.m. ET (TBS)
- No. 7 Saint Mary’s (, ) vs. No. 10 Texas A&M – 7:35 p.m. ET (truTV)
- No. 3 Illinois (, ) vs. No. 14 Penn – 9:25 p.m. ET (TNT)
- No. 8 Georgia (, ) vs. No. 9 Saint Louis – 9:45 p.m. ET (CBS)
- No. 3 Gonzaga (, ) vs. No. 14 Kennesaw State – 10:00 p.m. ET (TBS)
- No. 2 Houston (, ) vs. No. 15 Idaho – 10:10 p.m. ET (truTV)
