As the NCAA Tournament begins, there are five must-have March Madness sports betting app promos that prospective bettors should consider. These promos include risk-free bets and odds boosts related to the NCAA Men’s Basketball Tournament.
Below you will find our guide for The 5 Must-Have March Madness Sports Betting App Promos. These offers include a variety of new user promos.
The 5 Must-Have March Madness Sports Betting App Promos
Prospective bettors can get in on the action with any of the new user promo offers listed below. Most of these sportsbooks are available in the majority of states where online sports betting is legal. This includes Illinois, New York, New Jersey, and Michigan among others.
$1,100 Risk-Free Bet from Caesars Sportsbook
Caesars Sportsbook has a ton of momentum at the moment and bettors can ride the wave with an enormous offer. New users who sign up for a Caesars Sportsbook account can get a risk-free first bet of up to $1,100. This risk-free bet gives bettors a second chance if their first bet loses. This promo does not have an odds restriction, so bettors can choose to wager on a favorite for a safer chance at a profit or throw down money on a heavy underdog to maximize their potential return.
For example, a bettor could wager $500 on the Iowa Hawkeyes (-600) to beat the Richmond Spiders (+450). If the Hawkeyes win, the bettor would earn just over $83 in profit. However, if Iowa were to lose, the bettor would get a $500 Free Bet to use on another game.
Click here and use Caesars Sportsbook promo code BLEACHERXLCZR to get a risk-free bet of up to $1,100.
DraftKings Sportsbook’s 40-1 Odds Boost and Double Your Money on Gonzaga Promo
DraftKings Sportsbook has perhaps the best pair of promos available for the first round of the tournament. Bettors can secure a 40-1 odds boost on any NCAA Tournament game via our link above or below. This promo allows users to Bet $5, Win $200 on any team to win. There is no odds restriction, so bettors could choose to back a huge favorite like the Baylor Bears (-7000) over the Norfolk State Spartans (+2000). If Baylor wins, the bettor will earn a $200 bonus.
The sportsbook also has a promo offer available for all bettors to opt-into. Bettors can place a wager of up to $50 on the Gonzaga Bulldogs to defeat the Georgia State Panthers. If Gonzaga wins, as they’re expected to, a bettor would effectively double their money.
Bet $5, Win $200 if your team wins with DraftKings Sportsbook when you click here.
Bet $5, Win $150 Instantly with FanDuel Sportsbook
FanDuel Sportsbook has a straightforward promo that pays out a guaranteed bonus. While many of the offers on this list are no-brainers in their own right, this one is the definition of a no-brainer. Bettors who sign up for this promo can turn a $5 wager into an instant $150 site credit bonus. Any new user who signs up and opts-into this promo will earn the $150 bonus as soon as they place a $5 moneyline bet on any team to win its March Madness Game.
FanDuel Sportsbook also has a Bracket Parlay Insurance offer for all users. With this promo, players can earn back up to $25 in site credit if their parlay loses. To qualify, the parlay must consist of three or more legs with odds of -200 or longer. The final ticket must have final odds of +400 or longer to count toward this promo offer.
Click here to Bet $5, Win $150 instantly with FanDuel Sportsbook.
Get a $200 Bonus from BetMGM If Any Team Makes a 3-Pointer
Basketball fans who monitor college basketball in any way are aware that the game has changed over the years. Perhaps the most dramatic change has been the uptick in three-pointers attempted in games. In order to make it at the NBA level, players are expected to have the ability to knock down a shot from beyond the arc.
BetMGM has a new user promo that offers a $200 bonus if any team in the tournament makes a three-pointer. Realistically, every team in the tournament should be able to knock down at least one three-pointer in each game. Bettors must simply place a $10 moneyline wager on any college basketball team to win. As long as a three-pointer is made, the $200 bonus will convey, regardless of the game’s outcome.
Bet $10, Win $200 if any team in the tournament makes a three-pointer with BetMGM when you click here.
PointsBet Offers Up to $2k in Risk-Free Bets
While PointsBet might not have the same recognition as other sportsbooks on this list, they have quite the competitive new user promo. Bettors who register can earn up to $2,000 in risk-free bets. These risk-free bets can be used on NCAA Tournament games. The larger risk-free bet is tied to the exclusive PointsBetting feature. Bettors can try this feature out with a risk-free bet of up to $1,500.
The second risk-free bet is eligible for use on straight bets. While some sportsbooks offer far more than this $500 risk-free bet, the fact is that many new users typically come in with a first bet that falls below the $500 cap. If a bettor’s first real-money bet loses, PointsBet will issue a $500 site credit refund.
Click here to get up to $2,000 in risk-free bets from PointsBet.