Bet $5, Win $200 on Any March Madness Game With the DraftKings Sportsbook Promo

Updated: April 14, 2025 at 2:45 pm EDT

Published: March 16, 2022

DraftKings Sportsbook promo — Claim the DraftKings March Madness promo for an instant $200 bonus when you bet on any team to win!

Cash in with the DraftKings Sportsbook promo for March Madness
Bet $5 and Win $200 on any NCAA Tournament game
Claim the DraftKings Sportsbook promo for March Madness below!

We are just a day away from the NCAA Tournament and the March Madness Bracket is set. DraftKings Sportsbook is offering new users a chance to win $200 with just a $5 bet! That’s not a typo. When you sign up with the DraftKings Sportsbook promo for the Madness, just bet $5 on any team to win and earn $200 in bonus bets if they advance. Click below or anywhere else on this page to sign-up with this DraftKings bonus code.

DraftKings Sportsbook has you set for March Madness with college basketball odds, futures and specialty props all NCAA Tournament long! Click to sign-up at DraftKings now!

DraftKings Sportsbook Bet $5, Win $200 Promo

New users receive 20-1 odds on ANY team to win during the month of March when they sign up at the DraftKings Sportsbook. That includes those in Illinois, which recently began allowing sports bettors to sign up online.

Most-bet first round spreads (By handle):

1. South Dakota State (+2) vs. Providence

2. Davidson (+1) vs. Michigan State

3. San Francisco (+1.5) vs. Murray State

4. Michigan (-2) vs. Colorado State

5. Georgia State (+23.5) vs. Gonzaga pic.twitter.com/mnF8LMKebm

— DraftKings Sportsbook (@DKSportsbook) March 15, 2022

Whether it’s a heavily favored #1 seed like Kansas or Arizona, or a team you have advancing in your bracket, all it takes is a $5 wager to win $200 in bonus bets at DraftKings. Once users click anywhere on this page to sign up, the DraftKings Sportsbook promo code for March Madness will automatically be applied.

How to Use DraftKings Sportsbook Promo Instructions

This March Madness promo is super easy to use and can be received in mere minutes. Follow the steps below to claim the sign-up bonus at DraftKings:

Download the DraftKings Sportsbook app (Promo code is automatically applied when you click anywhere on this page)
Provide required personal and banking information
Deposit and place first cash wager of $5 on any team’s moneyline in the NCAA Tournament and win $200 in bonus bets if they win the game!

This promo is available to new users, but scroll below to see the DraftKings March Madness promo for ALL users this week.

DraftKings Super Boost: +100 Odds on Gonzaga to Beat Georgia State

Gonzaga is the #1 overall seed and the favorite in the NCAA Tournament Champion odds, and DraftKings is giving ALL users +100 odds on the Bulldogs to win their opening round game.

Chet Holmgren’s team is currently listed as 23.5-point favorites, and a whopping -8000 on the moneyline, so don’t miss the +100 odds you can get on Gonzaga to win on Thursday.

IT'S SUPER BOOST TIME!

Gonzaga Moneyline is now +100!!!

🔨 https://t.co/6jNvg00Jv6 pic.twitter.com/1F2SwCiJCa

— DraftKings Sportsbook (@DKSportsbook) March 14, 2022

All users just need to click and opt in to the promo, then place a max bet of $50 on Gonzaga to win their opening round NCAA Tournament game vs Georgia State at +100 odds. Only once has a #16 seed ever defeated a #1, so the odds are heavily in your favor.

Mitch Robson

Lead NBA Editor

Mitch graduated from Ryerson University's Sport Media program in June of 2018, and has been with SBD since 2019. He's worked in broadcast and digital for the Score, Sportsnet, TSN & CBC and has done play-by-play work for basketball at all levels including NCAA, Pan Am Games & U Sports.

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Bet $5, Win $200 on Any March Madness Game With the DraftKings Sportsbook Promo

DraftKings Sportsbook Bet $5, Win $200 Promo

How to Use DraftKings Sportsbook Promo Instructions

DraftKings Super Boost: +100 Odds on Gonzaga to Beat Georgia State

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