Best March Madness Betting Promos 2022

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 tournament.
With promos like free bets, risk-free bets, parlay insurance, and other types of insurance unique to the tourney, these bonuses will have you on the edge of your seat as you track each game closely alongside your bracket.
- BARSTOOL SPORTSBOOK
BET $10 WIN $200 ON THE NCAAM NATIONAL CHAMPION!
- BETMGM SPORTSBOOK
BET $10 WIN $200 IF YOUR TEAM HITS A 3 POINTER!
- CAESARS SPORTSBOOK
GET A RISK-FREE BET OF UP TO $1,500!
- BARSTOOL SPORTSBOOK
BET $10 WIN $100 IF YOUR TEAM MAKES A FREE THROW!
- FANDUEL SPORTSBOOK
$1,000 NO SWEAT FIRST BET!
- DRAFTKINGS SPORTSBOOK
BET $5 WIN $200 ON ANY TEAM TO WIN!
The best March Madness sports betting bonuses aren’t necessarily the ones offering the highest potential payouts. Look for promos that take your immersion in the games to a whole new level.
The sportsbooks usually offer new promotions for each round of March Madness, so we’ll keep this guide updated as the tournament rolls along past the first round.
Keep reading for more details on the best March Madness bonus offers in 2022.
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.
Overview of the Best March Madness Betting Bonuses
Here’s a quick rundown of the best promos for the men’s basketball tournament, with links to help you get started:
Sportsbook | March Madness 2022 Bonus | Get Started |
---|---|---|
Barstool Sportsbook | Bet $10 Win $100 If Your Team Makes a Free Throw | |
Caesars Sportsbook | Get $1,100 Bonus On Any NCAA Tournament Game | BET NOW! |
BetMGM | Bet $10 Win $200 If Your Team Hits a 3-Pointer | |
FanDuel Sportsbook | Bet $5 Win $150 On Any March Madness Game | |
DraftKings Sportsbook | Bet $5 Win $200 On Any Team To Win |
Let’s get into the details and some of the terms for these March Madness bonuses.
March Madness Betting Promos Explained
March Madness promotions have specific terms and conditions, and we always recommend you read the fine print before placing a bet. The availability of these bonuses differs based on where you’re betting from, but we’ll let you know where bettors can find each of these promos.
Barstool Sportsbook March Madness Promo: Bet $10 Win $100 If Your Team Makes a Free Throw
Barstool Sportsbook is home to some of the most unique March Madness promos in the game. Their Bet $10 Win $100 If Your Team Makes a Free Throw promo is certainly no different.

if a Free Throw Is Made!
How it works:
- Download the Barstool Sportsbook app (promo code DIMECBB100 automatically applied when clicking any link in this section)
- Provide personal and banking information as required
- Deposit and place first cash wager of $10 on any team’s moneyline in the NCAA tournament
- Win $100 if your team makes a single free throw during the game
Caesars Sportsbook March Madness Promo: Get $1,100 Bonus On Any NCAA Tournament Game
Caesars Sportsbook doesn’t have a March Madness promo per se, but you can still leverage their fantastic $1,100 bonus on any NCAA tournament game of your choosing.

Available in AZ, CO, CT, LA, IA, IN, IL, MI, NJ, NY, PA, TN, VA, & WV
Get a Risk-Free Bet Up to $1,500
How it works:
- Hit the links in this section to access this offer
- This is a sign-up offer for new players only
- Caesars will cover your first bet up to $1,100 if it happens to lose
- It is only valid on your first bet, so go ahead and make one that counts
- It will be paid out in free bet credit
BetMGM March Madness Bonus Code: Bet $10 Win $200 If Your Team Hits a 3-Pointer
BetMGM is certainly not be outdone by its competition when it comes to bringing an excellent March Madness promo to the table. The Bet $10 Win $200 If Your Team Hits a 3-Pointer promo is simple, straightforward, and pretty darn juicy.

Bet $10 on Any College Basketball Game
Win $200 if a Three-Pointer Is Scored!
How it works:
- Follow the links in this section to set up your account
- After registering, make a first-time deposit
- Place your first wager as a $10 bet on any CBB team to hit a three-pointer
FanDuel Sportsbook March Madness Promotion: Bet $5 Win $150 On Any March Madness Game
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 account
- Complete signup form and make a deposit
- Make your first bet a $5 moneyline bet on any team to win a game during March Madness
- If your wager wins, you will land $150 in site credit
- If your wager loses, you still get the $150 bonus money
DraftKings Sportsbook March Madness Promo: Bet $5 Win $200 On Any Team To Win
Here’s a promo with some serious value. DraftKings Sportsbook is making betting on March Madness an absolute no-brainer with a Bet $5 Win $200 On Any Team To Win promo. Trust us, it’s really as simple as it sounds.

How it works:
- 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 college basketball moneyline and get $200 in free bets
States Where You Can Bet On March Madness 2022
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 March Madness.
States Where You Can Bet On March Madness 2022 | Details |
---|---|
Arizona | Arizona Sports Betting Apps |
Arkansas | Arkansas Sports Betting Apps |
Colorado | Colorado Sports Betting Apps |
Connecticut | Connecticut Sports Betting Apps |
Illinois | Illinois Sports Betting Apps |
Indiana | Indiana Sports Betting Apps |
Iowa | Iowa Sports Betting Apps |
Michigan | Michigan Sports Betting Apps |
New Jersey | New Jersey Sports Betting Apps |
New York | New York Sports Betting Apps |
Pennsylvania | Pennsylvania Sports Betting Apps |
Tennessee | Tennessee Sports Betting Apps |
Virginia | Virginia Sports Betting Apps |
West Virginia | West Virginia Sports Betting Apps |
Wyoming | Wyoming Sports Betting Apps |
Use Sports Betting Bonuses to Wager with Confidence
Bonus offers are some of the best resources to help you bet on your favorite games with confidence. At Sports Betting Dime, we have all the details you need on the plethora of promotions from legal sportsbooks.
Be sure to check out our ‘Bonuses’ section for all the latest and greatest promos. We also have comprehensive guides on the different kinds of bonuses available at online sportsbooks.
We hope you enjoy the return of March Madness in 2022!
Let's have fun and keep it civil.