Upcoming Match-ups

Get $4,000 in March Madness Betting Promos & Bonuses 2024

Mitchell South

by Mitchell South

Updated Jun 12, 2024 · 9:23 AM PDT

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 which is now in the Final Four round with UConn vs. Alabama and NC State vs. Purdue on tap this Saturday.

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.

The best March Madness sports betting bonuses aren’t necessarily the ones offering the highest potential payouts. Look for promos that take your immersion into college hoops to a whole new level. The best sportsbook promos for March Madness sometimes offer new promotions for each round, so we’ll keep this guide updated as the tournament rolls along.

Keep reading for more details on the best March Madness bonus offers in 2024.

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.

Best March Madness Betting Promos

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 2024 Bonus Get Started
DraftKings Sportsbook Bet $5, Get $150 in Bonus Bets BET NOW! (No Promo Code Required)
FanDuel Sportsbook Bet $5, Get $200 in Bonus Bets BET NOW! (No Promo Code Required)
BetMGM $1,500 First Bet Offer BET NOW! (Use Promo Code SBD1500)
bet365 Bet $5, Get $150 in Bet Credits BET NOW! (Use Promo Code SBDXLM)
Fanatics Sportsbook Bet $100, Get $100 Every Day for 10 Days BET NOW! (No Promo Code Required)

Let’s get into the details and some of the terms for these March Madness bonuses. See more March Madness betting apps for the 2024 NCAA Tournament. Pro tip: the bet365 bonus code is also a valuable promo for new users looking to bet on the tournament.

bet365 promos

March Madness Betting Promos Explained

Betting promos for March Madness have specific terms and conditions (T&Cs), 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 sports bettors can find each of these NCAAB sportsbook promos.

DraftKings March Madness Promo: Bet $5, Get $150 in Bonus Bets

Eligible States: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming

Here’s a promo with some serious value. DraftKings Sportsbook is making betting on March Madness an absolute no-brainer with a Bet $5, Get $150 offer. Trust us, it’s really as simple as it sounds.

DRAFTKINGS SPORTSBOOK


Bet $5 & Get $150 in Bonus Bets Instantly!

LOCK IN PROMO
SIGNUP PROMO
BET $5
GET $150

CLAIM OFFER

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 March Madness matchup and get $150 in bonus bets if your bet wins or loses

>>> CLAIM THIS PROMO HERE <<< (No DraftKings Sportsbook Promo Code Required)

FanDuel March Madness Promo: Bet $5, Get $200 in Bonus Bets

Eligible States: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming

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.

FANDUEL SPORTSBOOK
Bet $5 & Get $200 in Bonus Bets if Your Bet Wins!
Must be 21+. T&C Apply. Gambling Problem? Call 1-800-GAMBLER.
LOCK IN PROMO
SIGNUP PROMO
BET $5
GET $200

BET NOW

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
  • Place a $5 first wager on any March Madness game and get $200 in bonus bets

>>> CLAIM THIS PROMO HERE <<< (No FanDuel Promo Code Required)

BetMGM College Basketball Bonus Code: $1,500 First Bet Offer

Eligible States: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming

The 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.

BETMGM SPORTSBOOK

Get Up To $1,500 Paid Back in Bonus Bets if You Don't Win!

21+ Only. Gambling problem? Call 1-800-GAMBLER (US). New customers only, subject to eligibility requirements. Not available in DC, MS, NY, NV, ON, or PR.

LOCK IN PROMO
CODE: SBD1500
CODE: SBD1500
SIGNUP BONUS
GET $1,500
BACK

BET NOW

How it works:

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

>>> CLAIM THIS PROMO HERE <<< (Use BetMGM Bonus Code SBD1500)

Bet365 March Madness Promo: Bet $5, Get $150 in Bet Credits

Eligible States: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, Virginia

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.

BET365
SPORTSBOOK
Bet $5 & Get $150 in Bonus Bets or a First Bet Safety Net up to $1,000!
Deposit required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New Customers only. T&Cs, time limits and exclusions apply
LOCK IN PROMO
CODE: SBDXLM
CODE: SBDXLM
SIGNUP PROMO
BET $5
GET $150

CLAIM OFFER

How it works:

  • Use the links in this section to reach the bet365 signup page
  • Sign up for a bet365 account
  • Deposit minimum of $5
  • Place a $5 bet on any March Madness matchup and get $150 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.

>>> CLAIM THIS PROMO HERE <<< (Use bet365 bonus code SBDXLM)

Fanatics Sportsbook College Basketball Promo: Bet $100, Get $100 Every Day for 10 Days

Eligible States: Colorado, Connecticut, Iowa, Indiana, Kentucky, Maryland, Massachusetts, Michigan, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia

One of the newer online sports operators on the scene for the March Madness tournament, Fanatics Sportsbook will give you up to $1,000 as part of their sweet welcome bonus.

FANATICS SPORTSBOOK
Get a $200 Bet Match For 5 Straight Days from Fanatics!

Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (AZ, CO, KY, MD, OH, MI, TN, VA, WV); 1-800-BETS-OFF (IA); 1-800-9-WITH-IT (IN); (800) 327-5050 or mdgamblinghelp.org (MD); 1800gambler.net (WV)
Available in AZ, CO, IA, IL, IN, KS, KY, MD, MI, NC, NJ, TN, VA, WV. 1 sign up offer per user. Must opt in daily & place $5+ qualifying wager for Bonus Bet match (up to $100) each day for 10 straight days. Must place initial wager within 5 days of account opening. Terms apply.
LOCK IN PROMO
SIGNUP PROMO
GET A $200
BET MATCH

FOR 5 STRAIGHT DAYS!

SIGN UP NOW

How it works:

  • Make a $5 minimum deposit and place a between between $5 and $100 on odds of -200 or longer.
  • Fanatics Sportsbook will match your first qualifying wager each day with bonus bets up to the $100 maximum for the first 10 days your account is active
  • The maximum amount of matched bonus bets you can receive is $1,000 over 10 days

>>> CLAIM THIS PROMO HERE <<< (No Fanatics Sportsbook Promo Code Required)

Caesars Sportsbook March Madness Promo: $1,000 First Bet on Caesars

Eligible States: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming

Caesars Sportsbook doesn’t have a March Madness promo per se, but you can still leverage their fantastic $1,000 first bet bonus on any NCAA tournament game of your choosing.

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 $1,000 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 bonus bet credit

States Where You Can Bet On March Madness 2024

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.

North Carolina is the latest betting market to gain access to sportsbook apps for March Madness. The next table below outlines some of the apps North Carolina that new bettors and seasoned sharps can expect to get their hands on for the 2024 tournament.

North Carolina Sports Betting Apps More Details
Bet365 Bet365 North Carolina
DraftKings Sportsbook DraftKings North Carolina
BetMGM BetMGM North Carolina
FanDuel Sportsbook FanDuel North Carolina
ESPN BET ESPN BET North Carolina
Fanatics Betting and Gaming Fanatics Sportsbook
Caesars Sportsbook Caesars Sportsbook North Carolina

March Madness Betting Promos FAQ

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

What is the best March Madness betting promo for 2024?

The best March Madness betting promos for 2024 are offered by DraftKings, FanDuel, and BetMGM.

Do all March Madness promos require a promo code?

No, not every March Madness promo requires a promo code to be unlocked. Simply use the links on this page for instant access.

When do March Madness sportsbook promos expire?

The expiry date of March Madness sportsbook promos varies based on the sports betting brand. Make sure to read over offer details as different T&Cs apply to each.

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, including the ESPN BET promo code.

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 2024!

Discussion

Let's have fun and keep it civil.