March Madness is here, and to mark the occasion for the 2025 NCAAB Tournament, we have picked out the best sportsbook promos for this year’s National Championship.
March Madness betting promos are readily available throughout March each year, making it one of the best annual events for sports betting fans across the United States.
Take your pick from our selection of the best March Madness betting promos below to receive your welcome package in time for the start of the tournament this week.
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5 Best March Madness Betting Promos
- bet365 – Bonus Code BETTINGCOM – Bet $5, Get $150 in Bonus Bets
- BetMGM – Bonus Code MGM101GG – $1,500 Paid Back in Bonus Bets if you Lose
- Fanatics Sportsbook – Bet $30, Get $300 or $1,000 in No Sweat Bonus Bets
- FanDuel – Bet $5, Get $200 in Bonus Bets if you Win
- DraftKings – Bet $5, Get $200 in Bonus Bets Instantly
Best March Madness Sportsbook Promos Explained
Each of the betting promos listed above is exclusive to new customers registering an account for the first time. Each comes with the carrot of bonus bets, which can be used to place wagers on your favorite March Madness wagers, from same-game parlays to picking the overall winner of the tournament.
Read on to learn more about these welcome bonuses, where they are available, and how to claim them. Be sure to use the associated bonus codes where applicable.
Register with the bet365 bonus code BETTINGCOM for the first time to receive a bet $5, get $150 in bonus bets promo for March Madness this week. Now available in Illinois and Tennessee, bet365 is our pick of the best march madness betting promos. Bet $5 on any -500 or greater odds market to receive $150 in bonus bets to use on March Madness.
bet365 Legal States
bet365 is legal in Arizona, Colorado, Illinois, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Pennsylvania, Ohio, Tennessee, and Virginia.
New BetMGM customers can get a $1,500 welcome promo by registering using the BetMGM bonus code MGM101GG. Once registered, sign in and make a first bet on the sportsbook worth up to $1,500 on any March Madness betting market. If the bet loses, you will be credited with bonus bets worth the value as your losing stake, up to a maximum of $1,500, to use again at BetMGM.
BetMGM Legal States
BetMGM is legal in Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, Nevada, North Carolina, Ohio, Pennsylvania, Puerto Rico, Tennessee, Virginia, Washington D.C., West Virginia, and Wyoming.
Fanatics Sportsbook has two welcome promos available for March Madness for players in selected states. If you are an AZ, MI, NJ, or PA player, you can access the bet $30, get $300 in bonus bets promo. For players in all other states including the four mentioned, there is the opportunity to earn $1,000 in no sweat bonus bets over the course of your first 10 days of being an account holder.
CLAIM FANATICS SPORTSBOOK PROMO HERE
Fanatics Sportsbook Legal States
Arizona, Colorado, Connecticut, Indiana, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming and the District of Columbia.
FanDuel has upgraded its welcome bonus for new customers ahead of March Madness. Register with FanDuel for the first time and wager $5 on any sport featured on the sportsbook. If the bet wins, FanDuel will credit your account with $200 in bonus bets to use on March Madness or any other event. However, if your $5 qualifying bet loses you will not receive any bonus bets.
FanDuel Legal States
FanDuel is legal in Arizona, Colorado, Connecticut, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.
Another bet $5, get $200 in bonus bets promo is available at DraftKings Sportsbook. Sign up for the first time and bet $5 on any market listed on the site. However, unlike the above offer, DraftKings will instantly credit your account with $200 in bonus bets when registering for the first time. These will come as 8 x $25 bonus bets that must be used within seven days from issue.
DraftKings Legal States
DraftKings Sportsbook is legal in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, Washington D.C., West Virginia, and Wyoming.
March Madness Schedule This Week
The $150 in bonus bets can be used across March Madness this week, with all bonus bets being valid for use seven days after issue. The first round begins on Thursday, with users being able to wager on any of the following games using their bonus funds.
Tuesday, March 18 — First Four
- St Francis PA vs Alabama State – 6:40 PM ET
- UNC vs San Diego State – 9:10 PM ET
Wednesday, March 19 — First Four
- Mount St Mary’s vs American – 6:40 PM ET
- Xavier vs Texas – 9:10 PM ET
Thursday, March 20 — First Round
- Creighton vs Louisville – 12:15 PM ET
- High Point vs Purdue – 12:40 PM ET
- Montana vs Wisconsin – 1:30 PM ET
- SIUE vs Houston – 2:00 PM ET
- TBD vs Auburn – 2:50 PM ET
- McNeese State vs Clemson – 3:15 PM ET
- VCU vs BYU – 4:05 PM ET
- Georgia vs Gonzaga – 4:35 PM ET
- Wofford vs Tennessee – 6:50 PM ET
- Arkansas vs Kansas – 7:10 PM ET
- Yale vs Texas A&M – 7:25 PM ET
- Drake vs Missouri – 7:35 PM ET
- Utah State vs UCLA – 9:25 PM ET
- Omaha vs St John’s – 9:45 PM ET
- UC San Diego vs Michigan – 10:00 PM ET
- UNCW vs Texas Tech – 10:10 PM ET
Friday, March 21 — First Round
- Baylor vs Mississippi State – 12:15 PM ET
- Robert Morris vs Alabama – 12:40 PM ET
- Lipscomb vs Iowa State – 1:30 PM ET
- Colorado State vs Memphis – 2:00 PM ET
- TBD vs Duke – 2:50 PM ET
- Vanderbilt vs St Mary’s CA – 3:15 PM ET
- TBD vs Ole Miss – 4:05 PM ET
- Grand Canyon vs Maryland – 4:35 PM ET
- Norfolk State vs Florida – 6:50 PM ET
- Troy vs Kentucky – 7:10 PM ET
- New Mexico vs Marquette – 7:25 PM ET
- Akron vs Arizona – 7:35 PM ET
- Oklahoma vs UConn – 9:25 PM ET
- TBD vs Illinois – 9:45 PM ET
- Bryant vs Michigan State – 10:00 PM ET
- Liberty vs Oregon – 10:10 PM ET
Gamble Responsibly
If you or someone you know has a gambling problem and wants help, call or visit the Council on Compulsive Gambling:
- Gamblers Anonymous at 855-2-Call GA or www.gamblersanonymous.org
- CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV or WY – Call 1-800-GAMBLER
- AZ – Call 1-800-NEXT-STEP
- IA – Call 1-800-BETS-OFF
- KS, NV – Call 1-800-522-4700
- KY – Call 1-800 GAMBLER, 18+
- MI – Call 1-800-270-7117 for confidential help
- MA – Call 1-800-327-5050
- NC – Call – 1-800-662-4357
- NY – Call 877-8-HOPENY or text HOPENY (467369)
DISCLAIMER: The information on this site is for entertainment purposes only. Gambling comes with its fair share of risks, and it is important to recognize that when using online gambling sites.
While we review different gambling sites, you should check with local laws in your area before gambling online. Also, all gambling sites and guides are rated 21+ only.
The following free gambling addiction resources can be of help:
21+ Please Gamble Responsibly. Gambling Problem? Call or text 1-800-GAMBLER
