Best March Madness Betting Promos: Get $7,650 in Bonuses 2024
While fans wait for the 2025 NCAA Tournament, we're examining the most exciting and advantageous March Madness betting promos. New customers who sign up with our best March Madness betting sites, like FanDuel, DraftKings, Caesars, or BetMGM, will enjoy some of the best promos in the country throughout the tournament. It's time to get in the action.
Best March Madness Sportsbook Promos
Up To $1,500 Back In Bonus Bets
Bonus bets will expire in 7 days. One new customer offer only. Additional terms and conditions apply.
Features
- Some of the best live-betting odds.
- Great deposit options.
- Earn MGM Rewards from betting activity.
BetMGM Review
BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.
Features
Bet $5, Get $150 in Bonus Bets
Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling problem? Call 1-800-GAMBLER
Features
- Extensive live betting options.
- More markets than any other sportsbook.
- One of the best apps in the industry.
bet365 Review
Terms and conditions: Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.
bet365 is one of the largest and most popular sportsbooks globally. With a well-received mobile app, popular same-game parlays, and a wide variety of sports leagues to bet on itâs no wonder 80 million sports bettors worldwide continue to use bet365.
Features
Bet $1, Get 10x 100% Profit Boosts
New users only. Must use promo code. Min. $10 deposit. Max. additional winnings $2.5K per token. Tokens expire in 14 days. Void where prohibited. Full terms.
Features
- Earn Caesars Rewards from betting activity.
- Live streaming of NFL games.
- User-friendly mobile app.
Caesars Sportsbook Review
Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.
Features
Win $150 + NBA League Pass 🏀
New customers only. Deposit min. $5. Place first bet of $5+ and win $150 in Bonus Bets (within 72 hours).
Features
- Top-tier app experience.
- Same Game Parlays and SGP+.
- Extensive promos and odds boosts.
FanDuel Review
FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North Americaâs most popular sports, and representation in every state in which it is permitted to offer legal sports betting.
Features
Get up to $1,000 in No Sweat Bets
Terms and conditions apply.
Features
- Live in 21 states
- Extremely powerful brand history and recognition
- FanCash reward system is great for sports fans
Fanatics Sportsbook Review
Fanatics Sportsbook has launched its app in 22 states already, with plans to expand to more in the near future. Fanatics is poised to be a major player in the sports betting industry.
Features
Bet $5, Get $150 + $1K Deposit Bonus
Terms and conditions apply.
Features
- Lots of promos and odds boosts.
- Wide range of sports and bet types.
- Seamless integration with DFS.
DraftKings Review
DraftKings had a solid reputation as the leading DFS provider in the country, so the shift to legal sports betting felt natural. They offer one of the most voluminous collections of ongoing promos and odds boosts in the industry as they cater to the beginner crowd.
Features
Up to a $500 Second Chance Bet
Terms and conditions apply.
Features
- Competitive odds across all markets.
- Live betting section is well organized.
- Earn iRush Rewards from betting activity.
BetRivers Review
With its solid lines and user-friendly promos, adding BetRivers to your sportsbook rotation makers a lot of sense.
Features
Bet $20, Get $100 in Bonus Bets
Terms and conditions apply.
Features
- Longstanding reputation in Atlantic City.
- User-friendly betting site and app.
- Competitive odds.
Borgata Review
Despite limited availability, the Borgata Sportsbook experience is considerably better than other operations similar in size due to being backed by MGM Resorts International and Entain. The experienced backing allows for a pleasurable user experience on the Borgata betting site and app.
Features
100% Bet Match up to $250
Terms and conditions apply.
Features
- Available in Arizona
- Secure Payment Options
- Mobile app available
Desert Diamond is in Arizona! Desert Diamond has a welcome bonus of up to a $250 matched to 100%.
Must be 21+. If you or someone you know has a gambling problem, call 1-800-GAMBLER.
Features
March Madness betting promos explained
Editor's Note: bonuses are for U.S. residents only. Bonuses are current offers and are subject to change.
The best March Madness betting sites have the best sportsbook promos in the country just in time for the best tournament in sports.
Some of the top promos include:
| March Madness betting promos | |
|---|---|
| â FanDuel | Bet $5, win $150 in bonus bets |
| â DraftKings | Bet $5, get $150 in bonus bets |
| â BetMGM | Up to $1,500 back in bonus bets |
FanDuel March Madness bonuses
New customers only. Deposit min. $5. Place first bet of $5+ and win $150 in Bonus Bets (within 72 hours).
New FanDuel customers are eligible for a bet $5, win $150 in bonus bets March Madness welcome offer. Simply sign up with a new account and make a minimum $5 deposit. Then, place your first real-money wager of $5 or more on any FanDuel Sportsbook market. If it wins, FanDuel will credit your account with $150 in bonus bet credits.
How FanDuels' promo works:
Here are the key terms and conditions you need to know about this FanDuel bonus
- Make a $5 minimum deposit and bet $5 or more on any sports market.
- Your first bet must win to collect this bonus.
- You'll be credited $150 in bonus bets.
- Bonus bets cannot be withdrawn as cash and expire after seven days.
While this offer doesn't match the $1,000+ value of some competitors, you only have to risk $5 to qualify, and you don't even need a FanDuel promo code to get started.
DraftKings March Madness bonuses
Terms and conditions apply.
DraftKings has always been one the most popular sportsbooks in the United States, so it's no surprise when they roll out the red carpet for new customers ahead of the best tournament in sports, March Madness. You can activate a bet $5, get $150 in bonuses welcome offer. Just make a $5 minimum deposit and any wager of $5 or more. Whether your wager wins or loses, you'll receive $150 in bonuses instantly. Bonus bets will be sent as six (6) $25 bonuses.
It's a great deal for a great tournament that will have a ton of excitement over the four weeks. You don't even need a DraftKings promo code to qualify.
How DraftKings' promo works:
- Make a new account with DraftKing sportsbook.
- Fund your new account with a minimum of $5 as your first deposit.
- Bet at least $5 on any available betting market.
- Win or lose, DraftKings will send you $150 in bonuses.
- You'll receive six (6) $25 bonus bets.
- Bonus bets can't be withdrawn as cash and expire in seven days.
bet365 March Madness bonuses
Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling problem? Call 1-800-GAMBLER
bet365 is helping new users prepare for March Madness 2024 witn a generous bet $5, get $150 in bonus bets welcome bonus using promo code SBRBONUS. bet365 has daily boosts and super boosts leading up to the games as well - a major bonus over other sportsbooks.
How bet365's promo works:
- Create a new bet365 account.
- Use the bet365 bonus code SBRBONUS when registering for the first time.
- Make a minimum $10 real money deposit.
- Many any bet of $5 or more with 30 days of opening your account.
- Qualifying bet must have odds of -500 or greater.
Gambling problem? Call 1-800-GAMBLER
Caesars March Madness bonuses
New users only. Must use promo code. Min. $10 deposit. Max. additional winnings $2.5K per token. Tokens expire in 14 days. Void where prohibited. Full terms.
Caesars has always been generous to their new users and their bonuses are no different for March Madness 2025. The Caesars promotion offers ten 100% Profit Boost tokens for all new users who bet at least $1 on any market. Just use the Caesars Sportsbook promo code SBRBONUSDYW when you sign up.
Hereâs how to trigger the Caesars bonus:
- Open your new Caesars account and deposit at least $10.
- Place your first qualifying wager of $1 or more on any market.
- Win or lose, you will receive ten 100% Profit Boost tokens to use on future bets.
- The tokens will Double Your Winnings on successful wagers.
- Max. $25 bet per token; up to $2,500 in additional winnings per token.
- Unused tokens expire after 14 days and have no cash value.
BetMGM March Madness bonuses
Bonus bets will expire in 7 days. One new customer offer only. Additional terms and conditions apply.
BetMGM offers a March madness promotion, one of the best in the business. It's an offer of a up to $1,500 back in bonus bets. Use the BetMGM bonus code SBRBONUS to activate this deal.
How BetMGM's promo works:
Here is how to take advantage of their welcome bonus:
- Minimum deposit of $10 is required for this bonus to trigger.
- Your first bet must lose to earn the welcome bonus funds.
- The $1,500 will be credited within 24 hours of your first bet settling
- Bonus credits are divided into five equal bonus bets. So, a $1,500 first bet loss would be converted into five (5) $300 bonus bets for example.
- If first bet was less than $49, bonus bets will be issued as a single credit.
- You must use the bonus within 7 days.
Other March Madness bonuses
Fanatics Sportsbook
Terms and conditions apply.
Fanatics is best known for supplying official merchandise to every major North American sports league and has leveraged its brand recognition to launch a competitive sportsbook. In addition to enrolment in its FanCash customer loyalty program, new players can take advantage of $1,000 in bonus bets. To take full advantage of this offer, new users must place a wager of $100 for 10 consecutive days. If any wagers lose, bonus bets equal to they amount of the lost wagers will be added to your bankroll. A Fanatics Sportsbook promo code is not needed at sign up.
BetRivers Sportsbook
Terms and conditions apply.
ESPN BET Sportsbook
Terms and conditions apply
Borgata Sportsbook
Terms and conditions apply.
Terms and conditions apply.
Hard Rock Bet is another solid option, with a simplistic layout tailored to more casual sports bettors looking to ease into the hobby. Fittingly, it also has a straightforward welcome bonus. Use our Hard Rock Bet promo code to get $100 in bonus bets when you sign up and bet at least $5.
March Madness betting and promos summary
| đ March Madness Tournament Dates | March 19 - April 7 |
| đī¸ Final Four Location | Alamodome, San Antonio, Texas |
| đ 2025 Betting Favorite | UConn |
| âĄī¸ Legal Betting Age | 21+ |
| đĨ Top March Madness welcome bonus | FanDuel - Bet $5, win $150 in bonus bets |
| đ¤ Largest March Madness welcome bonus | BetMGM - Up to $1,500 in bonus bets |
| đ Number One Seeds 2024 | UNC, Houston, Purdue, UConn |
| âšī¸ Player to Watch 2025 | N/A |
| â Last Verified | Dec. 12, 2024 |
States where March Madness betting is legal
Almost three-dozen states have some form of online sports betting regulation, which means March Madness betting is pretty widespread in the United States right now. However, some states have special restrictions surrounding collegiate athletics, from banning player props, betting on in-state teams, or outright prohibiting wagers on college games.
Here's a list of all the states with legal March Madness betting, where you can collect potentially lucrative sign-up bonuses as a new customer:
- Arizona â
- Colorado â
- Connecticut â
- Illinois â
- Indiana â
- Iowa â
- Kansas â
- Louisiana â
- Maryland â
- Massachusetts â
- Michigan â
- Mississippi â
- New Jersey â
- New York â
- Nevada â
- North Carolina â
- Ohio â
- Oregon â
- Pennsylvania â
- Rhode Island â
- Tennessee â
- Virginia â
- West Virginia â
- Wyoming â
Best March Madness betting promotions
Here are the best March Madness betting bonuses in the country in time for the March Madness tournament.
| U.S. sportsbook đ | Promo Code â | March Madness Welcome bonus đ° |
|---|---|---|
| đ FanDuel | No code required | Bet $5, win $150 in bonus bets |
| đ DraftKings | No code required | Bet $5, get $150 in bonus bets |
| đ Fanatics | No code required | Up to $1,000 in bonus bets |
| đ bet365 | SBRBONUS | Bet $5, get $150 in bonus bets or $1,000 first bet |
| đ Caesars | SBRBONUSDYW | Bet $1, Get 10x 100% Profit Boosts |
| đ BetMGM | SBRBONUS | Up to $1,500 back in bonus bets |
| đ BetRivers | SBRBONUS | Up to a $500 second chance bet |
| đ Borgata | SBRBORGATA | $100 in bonus bets |
| đ ESPN BET | No code required | Up to $2,000 in bonuses |
How March Madness betting promos work
March Madness is one the biggest betting events of the year for most sportsbooks. It's been reported that this year, 2024, over $3 billion will be wagered on the tournament alone.
It's very popular with the brackets that users fill out as well, but sportsbooks have plenty of odds and boosts to choose from, making it super popular over the duration of the tournament.
Generally, here's how March Madness betting promos work:
1. Choose a sportsbook
Pick a sportsbook from our toplist above the page, or find another good option that is legal and licensed in your location/state. It may be advantageous for you to register someplace with the best promo because the greatest benefits are typically only available to new users. At the moment, bettors can use the Fanatics Sportbooks promo code for a $1,000 welcome offer. Additionally, the majority of sportsbooks also provide good March Madness promotions for current customers.
2. Make a deposit
Depositing into your sportsbook account for the first time is necessary to claim the bonus. Almost every promotion will require you to make a minimum deposit and a small real money wager of some kind. Most sportsbooks have a minimum deposit of $5 or $10 (depending on the banking method). Finding a deposit minimum lower than $5 is rare these days.
3. Use a promo code
Not every March Madness betting bonus offer requires a promo code, but some do. Refer to our table of verified and exclusive promo codes above, but SBRBONUS is required for BetMGM and bet365, and SBRBONUSDYW for Caesars. If needed, make sure you input the code when you register or deposit to claim the best possible bonus.
4. Place your bet
The March Madness tournament has almost endless betting options. You can simply pick a team to win on the moneyline or point spread or go with something more exotic like a game or player prop bet. March Madness, which will surely see exciting finishes and buzzer-beaters, have novelty props that keep the excitement going for weeks. You can also bet on the futures market, so pick the winner of the tournament instead of a moneyline.
5. Collect the bonus
Whether you opted for a 'Bet & Get' offer, a 'First-Bet Insurance' deal, or something slightly different, it's now time to collect your March Madness bonus. Ensure you've met all the terms and conditions first. Most bonuses will appear in your account instantly if you meet the criteria required.
6. Cash out
Hopefully, your March Madness bet was a winner, and you now have some profit to withdraw. Or you earned some bonus bets that will give you another chance to make a winning bet. Maybe even both!
Head to your sportsbooks' Banking or Cashier section, and follow the steps to ensure you get the withdrawal options on your side.
March Madness FAQs
When does March Madness 2025 start?
The 2025 version of March Madness starts on March 16, 2025, with Selection Sunday. The 'First Four' games will be played on March 18 and 19, and the National Championship game is scheduled for April 7, 2025.
What is the best March Madness bonus?
Many operators offer great March Madness bonuses, but BetMGM offers the most potentially lucrative deal: up to $1,500 back in bonus bets.
How can I bet on March Madness?
New customers can wager on March Madness by opening up a new sportsbook account at one of the top operators in your state.
Do I need a promo code to bet on March Madness?
For some operators, yes. Use SBRBONUS for BetMGM, BetRivers, and bet365, and SBRBONUSDYW for Caesars Sportsbook. If you live in NJ or PA, you can also use SBRBORGATA at the Borgata Sportsbook.
