March Madness Betting Promos & Bonuses for 2026 NCAA Tournament

March Madness is one of the most exciting sporting events in the world, and online sportsbooks offer special betting bonuses worthy of the vaunted NCAA men’s and women’s tournaments.

With promos like bonus bets, parlay insurance, and other types of insurance unique to the tourney, these March Madness betting sites will have you on the edge of your seat as you track each college basketball game closely alongside your bracket.

Keep reading for more details on the top March Madness promos in 2026 and how you can get in on the action during the First Four round.

Bonus offer availability varies by location and changes frequently. Please consult each sportsbook directly to confirm the availability of the bonus offers featured on this page.

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Best March Madness Betting Promos for 2026

Here’s a quick rundown of the best March Madness betting promos for the men’s and women’s tournaments, with links to the best March Madness betting sites to help you get started:

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Best Betting Apps for March Madness Promos

March Madness betting promos have specific terms and conditions (T&Cs), and we always recommend you read the fine print before finalizing the picks in your bet slip. The availability of these bonuses differs based on where you’re betting from, but we’ll let you know where sports bettors can find each of these sportsbook promos.

BetMGM is the Best for High Limit College Basketball Bets

Eligible States: AZ, CO, DC, IN, IA, KS, KY, LA, MA, MD, MI, MO, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY

BetMGM will be offering plenty of daily odds boost tokens during the NCAA Tournament, and while the headline number won’t necessarily set them apart, the amount you can bet while using those promos does. Max bet limits are typically $50 or even $100 when using BetMGM odds boost tokens, well above the $10 or $25 you see at competitors.

And of course, BetMGM sportsbook is certainly not be outdone by its competition when it comes to bringing an excellent college basketball promo to the table. The $1,500 first bet offer is as big and bold as it sounds. The Bet $10, Get $150 in Bonus Bets If You Win offer is only available until April 8, so act now!

How to claim our BetMGM promo code:

• Follow the links in this section to set up your account
• After registering, make your first deposit
• If your first bet up to $1,500 loses, BetMGM will pay you back in bonus bets

bet365 Offers Best March Madness Betting Promo Value

Eligible States: AZ, CO, IL, IA, IN, KS, KY, LA, MO, MD, NJ, NC, OH, PA, TN, VA

While they might not be available in quite as many states as other sports betting sites and apps on this list, the bet365 sportsbook is still bringing a great welcome offer to the table for March Madness.

With its Bet $10, Get $365 in bonus bets win or lose promo, you’re getting the most guaranteed bonus credit to bet on the tournament in the industry. Better yet, the bonus doesn’t come in pre-determined chunks, so you can make 365 $1 bets, one $365 bet, or anything in between.

That’s a great amount of flexibility for a tournament that features three weeks of betting opportunities.

How to claim our bet365 bonus code:

• Use the links in this section to reach the bet365 signup page
• Sign up for a bet365 account
• Deposit minimum of $10
• Place a $10 bet on any March Madness matchup and get $365 in bonus bets

You can also choose to use their First Bet Safety Net ($1,000 in Bonus Bets) sports betting promo for new customers if you prefer as well.

DraftKings Has Best Daily March Madness Promos

Eligible States: 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

The 100% Profit Boost for your March Madness winner bet is only the beginning at DraftKings. You’ll find daily odds boosts for parlays, SGPs, single bets and more during the tournament, as well as specials that make it worth your while to log in every day.

DraftKings Sportsbook is also making betting on March Madness an absolute no-brainer with a Bet $5, Get $200 in Bonus Bets Instantly offer. Trust us, it’s really as simple as it sounds.

How to claim the DraftKings promo code:

• Follow the links in this section to reach the DraftKings Sportsbook signup page
• Sign up for a DraftKings Sportsbook account
• Deposit minimum of $5
• Place a $5 bet on any March Madness matchup and get $200 in bonus bets instantly

FanDuel Sportsbook Gives Best March Madness Market Depth

Eligible States: AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MO, NJ, NY, NH, NC, OH, PA, TN, VA, VT, WV, WY

You’re going to want to find a sportsbook with a lot of options to use your March Madness promos, and FanDuel has that. FanDuel will also typically be the first place to offer odds on the next round, so you can jump on any early lines that look favorable.

As one of the biggest sportsbooks in the business, FanDuel Sportsbook does not play around when it comes to their March Madness promos. They have a March Madness promo that is as clear-cut and lucrative as you can find.

How it works:

• Follow the links in this section to set up your new account
• Complete signup form and make a deposit
• Make a $5 minimum deposit
• Receive 10 No Sweat Bet Tokens
• Use one each day for 10 straight days and bet up to $300
• If your bet loses, receive bonus bets in the amount of the original stake

Caesars Sportsbook is Best for Live Betting on March Madness

Eligible States: AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, MO, NV, NJ, NY, NC, OH, PA, VA, WV, WY

Live betting on March Madness is a great way to use your recently acquired bonuses, and nobody does live betting as well as Caesars. It’s in-game display and real-time stat tracking tools help inform your bets while not slowing the app down so you can crucially get the best odds.

Caesars Sportsbook is offering a new March Madness betting promo, as users in select states can get a Bet $1, Double Your Winnings Your Next 10 Wagers offer.

How this Caesars Sportsbook promo code works:

• Hit the links in this section to access this offer
• This is a sign-up offer for new players only
• Make a $1 bet
• Receive ten (10) 100% profit boosts

theScore Bet is Best New App for March Madness Promos

Nearly all theScore Bet customers will be using the app during March Madness for the first time this year, as it just took over for ESPN BET on December 1, 2025. If you are new, enjoy the Parlay Lounge and the daily boosts, as well as a streamlined app built to run in high-stress moments like the NCAA Tournament.

Join up with a $1,000 Bet Reset offer in all theScore Bet legal states.

How to claim theScore Bet promo code:

• Make a $10 minimum deposit
• Place your first bet up to $1,000
• Get 100% of your stake back as five (5) Bonus Bets if your first bet loses

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States Where You Can Bet On March Madness 2026

Not sure if you can bet on March Madness in your state? Don’t worry, we’ve got you covered with this list of states where you’re able to bet on the tournament and claim March Madness betting promos.

Current March Madness Odds

Once you’ve claimed the best March Madness sportsbook promos, you’ll have to put them to good use! You can follow all the latest March Madness betting odds right here on SBD, and make sure to consistently visit our sports betting news page to see our game and tournament previews.

We’re also tracking NCAA Tournament futures, covering all aspects of college basketball betting:

• Odds to Win March Madness
• March Madness Final Four Odds

Where to Watch March Madness

Warner Bros. Discovery still owns the broadcast rights to the men’s NCAA Tournament, while ESPN owns rights to the women’s tournament.

So, to watch men’s games in the US, they’ll be available on CBS, TBS, TNT and TruTV, or on the Paramount+ streaming platform. Women’s games will be on ESPN’s family of networks, and ABC.

In Canada, TSN has the rights to both.

Here’s the schedule by round:

NCAA Men’s Tournament Schedule

• Selection Sunday: 6:00pm ET, March 15 on CBS
• First Four: March 17-18
• First Round (Round of 64): March 19-20
• Second Round (Round of 32): March 21-22
• Sweet 16: March 26-27
• Elite Eight: March 28-29
• Final Four (Semifinals): Saturday, April 4 at 6:00pm and 8:30pm on TBS
• NCAA championship game: Monday, April 6 at 8:30pm ET on TBS

NCAA Women’s Tournament Schedule

• Selection Sunday: 8:00pm ET, March 15 on ESPN
• First Four: March 18-19
• First Round: March 20-21
• Second Round: March 22-23
• Sweet 16: March 27-28
• Elite Eight: March 29-30
• Final Four: Friday, April 3 – TBD for time and network
• NCAA championship game: Sunday, April 5 at 3:30pm ET on ABC

Betting Advice When Using March Madness Betting Promos

We here at SBD pride ourselves on giving you the best sports betting advice. Not only can you check out our aforementioned previews, but we also have a ton of March Madness betting guides to help with everything from your bracket to betting on March Madness games.

• Picking March Madness Champions
• Sweet 16 & Elite 8 Trends
• Final Four Trends to Look For
• First Round March Madness Trends
• How to Spot a March Madness Upset

There’s also some general advice to follow when using your promos. If you’re using a No Sweat bonus, which gives you bonus bets if your first bet loses, you might want to look at longer moneyline odds, or pick that major underdog to pull off a Cinderella story. Bonus bets aren’t real money, so make sure you’re not betting more than you’re willing to lose, but No Sweat or First Bet bonuses, like you can get with our BetMGM bonus code, do give you a bit of insurance.

With a Bet & Get promo, you’ll want to be a bit more selective, especially if your bet needs to win to get your bonus, as it does with our FanDuel promo code. That’s where you might want to take the 1 to beat the 16, and essentially guarantee your bonus (unless Purdue is involved). Even when the Bet & Get doesn’t require a win to receive your bonus, you’re better off picking a winner, as you’ll get those winnings along with your bonus.

You will also want to keep an eye out for odds boosts and profit boost tokens that the best college basketball betting sites will be offering, as they can increase your payout on daily bets.

Use March Madness Promos for These NCAA Tournament Betting Markets

You’re going to find a lot of options for betting on March Madness, as it’s one of the biggest sporting events of the year. Here’s what I suggest you target with your promos:

• A Big First Round Upset: As mentioned, if you have a First Bet Bonus or No Sweat Bet at your disposal, try to find a first-round underdog with +150 odds or longer. Historically, 12 seeds are the upset kings, but 11 seeds have been the recent darlings. A team at that seed that’s 4- or 5-point underdog is incredibly dangerous, and that’s going to put them in that +150 to +190 range, which more than doubles your money if you win. And, if you lose, you get the stake back in bonus bets.
• First Round Player or Team Prop: With welcome offers that require you to win your bet in order to get your bonus bets, target a high-probability player or team prop in one of the early games. For one, the high-probability will make it more likely to win, and as long as it meets the minimum odds requirement, taking Cameron Boozer 15+ points is a good way to get to 1-0. And since most of those give you your bonus bets as soon as that winning bet settles, now you have them to bet on the rest of the tournament.
• NCAA Tournament Winner Futures Bet: The DraftKings Bet & Get offer doesn’t require you to win, and pays you your bonus bets after you place the bet. With that in mind, put at least $5 on a title future and collect your bonus. Use that $200 to build your bankroll during the tournament, then hopefully get a nice cash surprise at the end when Michigan finally ends the Big Ten’s title drought.

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March Madness Betting Promos FAQ

Got more questions about March Madness betting promos? We’ve got you covered