Best March Madness Sportsbook Promos Deliver $7.5K+ in Bonuses

Sportsbook promos March Madness

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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.

1
Up to $1,500
In Bonuses
Top Features
  • 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

Not available in AL, AK, AR, CA, CT, DE, FL, GA, HI, ID, ME, MN, MT, NE, NH, NM, ND, OK, OR, RI, SC, SD, TX, UT, VT, WA, and WI

2
Bet $10 Get $365
In Bonus Bets Win or Lose
Top Features
  • 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

Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.›

3
Get $350 in Bonus Bets
When You Bet $5 for 7 Days
Top Features
  • Get $350 in Bonus Bets Guaranteed - When You Bet $5 for 7 Days!

  • Available on Desktop, Android & iOS

  • Easy Deposits, Fast Withdrawals

Not available in AL, AK, CA, CT, DE, FL, GA, HI, ID, ME, MN, MS, NE, NV, NH, NM, ND, OK, OR, RI, SD, TX, UT, WA, and WI

4
Double Your Winnings
On Your Next 10 Wagers
Top Features
  • 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

Not available in AL, AK, AR, CA, CT, DE, FL, GA, HI, ID, LA, MN, MS, MT, NE, NV, NH, NM, ND, OK, OR, RI, SC, SD, TX, UT, VT, WA, WI, and WY

5
Up to $1,000
In FanCash Matched Bets
Top Features
  • 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

Not available in AL, AK, AR, CA, DE, FL, GA, HI, ID, ME, MN, MS, MT, NE, NH, NM, ND, OK, OR, RI, SC, SD, TX, UT, WA, and WI

6
Bet $5 Get $200 in Bonus Bets
New User Bonus
Top Features
  • 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

Not available in AL, AK, CA, DE, FL, GA, HI, ID, ME, MN, MS, MT, NE, NV, NM, ND, OK, OR, RI, SC, SD, TX, UT, WA, and WI

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:

  1. Click the promo link: Access the offer using an official sportsbook link.
  2. Create an account: Provide basic details for identity verification.
  3. Enter the promo code (if required): Some sportsbooks require a promo code during sign-up or deposit.
  4. Make a deposit: Most promos require a minimum deposit of $5 or $10.
  5. 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)

Photo by Julie Bennett / Associated Press