March Madness Betting Promos - $4K In Sportsbook Promos

Last Updated: Mar 27, 2023
Fact Checked By: Josh Collacchi

Sports bettors can score big with March Madness betting promos from top industry players, offering welcome bonuses worth thousands of dollars. Don't miss out on the chance to capitalize on this week's highly-anticipated competition.

The March Madness promotions and offers highlighted here can provide you hundreds of bonus dollars simply for signing up, whether you're filling out a bracket or want to put a futures bet on the CBB championship odds.

Many of the top March Madness betting sites have betting promos and welcome offers to help you get started with online sports betting. Sign up to redeem these March Madness bonuses and place your bets today.

Overview Of The Best March Madness Betting Bonuses

The best March Madness betting bonuses are sign-up offers that provide new users with bonus funds once they register a new online sports betting account and make a qualifying initial deposit. These March Madness promos provide customers with a bonus to get started ahead of the NCAA Tournament.

Here are the best March Madness bonuses to use when placing 2023 March Madness bets, including CBB futures:

🎁 BetMGM Tournament BonusROTOBONUS - $1,000 Bonus Bet
🎁 Caesars March Madness PromoROTOFULL - $1,250 First Bet
🎁 DraftKings March Madness PromoBet $5, Win $150 In Bonus Bets
🎁 FanDuel March Madness Promo$1,000 No Sweat First Bet
🎁 WynnBET March Madness PromoXROTOWIRE - Get Up To $100
📆 Bonuses Last VerifiedMarch 27, 2023

Scroll down to learn more about the best March Madness betting bonuses available for the 2023 NCAA Tournament, including CBB futures. Don't miss out on the opportunity to take advantage of these promotions and enhance your betting experience.

March Madness Sportsbook Promos And Bonuses

DraftKings March Madness Promo

The DraftKings March Madness promo is arguably the top promo on the market today. The DraftKings promo code provides new users with $150 in bonus bets, if their $5 first bet settles as a win. Bonus bets are distributed as six $25 bet credits and are deposited into your new account following the winning settlement of your initial wager.

FanDuel March Madness Promo

The FanDuel March Madness promo gives new users a $1,000 No Sweat First Bet. Simply sign up via the FanDuel promo code link on this page and place a first bet, up to $1,000. If your initial wager loses, the promo kicks in and reimburse you for the full amount of your first bet, up to $1,000.

Caesars Sportsbook March Madness Promo

The Caesars Sportsbook March Madness promo is a three-tiered welcome offer. When you sign up with the Caesars Sportsbook promo code ROTOFULL, you get a first bet on Caesars, up to $1,250, as well as 1,000 Tiers Credits and 1,000 Reward Credits.

Without a doubt, this is the largest March Madness betting promo as it maxes out at $1,250.

BetMGM Tournament Promo

With the BetMGM bonus code ROTOBONUS, you can place a $1,000 first bet on any March Madness online sports betting market knowing that if the wager loses, you are refunded in full.

The BetMGM welcome offer remains a top choice for the new and experienced sports bettors.

BetRivers March Madness Promo

The BetRivers March Madness promo gives new customers a 2nd Chance Bet, up to $500. Use the BetRivers bonus code SPORTS for a $500 first bet welcome offer. If your first bet loses, you are reimbursed for the full amount in bet credits.

This is one of the best betting promotions as you can use it on any sports betting market available at BetRivers.

WynnBET March Madness Promo

The WynnBET March Madness promo is a bet-and-get deal. When you sign up with the WynnBET promo code XROTOWIRE, you get up to $100 in bonus funds.

This March Madness betting promo guarantees you a $100 bonus after your first bet settles, and you receive the funds no matter the outcome of your initial wager.

PointsBet March Madness Promo

The PointsBet March Madness promo is slightly different from the other March Madness bonuses listed above. When you use the PointsBet promo code, you get one $50 Second Chance Bet for the first five days your new PointsBet account is active.

The first bet you place each day counts as your Second Chance Bet, totaling $250 in bonus funds.

Other March Madness Promos Available

If you want to take full advantage of the promos available for the 2023 tournament, be sure to sign up for multiple online sports betting sites and consider the below options as well.

  • Tipico (Colorado and New Jersey) -- 100% Match, Up To $100
  • Unibet (AZ, IN, NJ, PA, VA) -- $100 in Bet Credit
  • Bet365 (Colorado and New Jersey) -- Bet $1, Get $200 in Bet Credits
  • Betsafe (Colorado only)

How To Claim March Madness Sportsbook Promotions

You can claim March Madness sportsbook promotions by following a few simple steps.

They are as follows:

  1. Click the link on this page to claim the March Madness sportsbook promo you'd like to opt into.
  2. Once redirected, click the button that reads "Sign Up," "Register," or "Join Now."
  3. Fill in all pertinent information including your name, address, date of birth, phone number, email, and the last four digits of your SSN. This is also where you'll add the March Madness sportsbook promo code or bonus code to redeem the welcome offer.
  4. Choose a username and password, where applicable, and complete the security questions and answers.
  5. Agree to all terms and conditions, and submit the registration form.
  6. If requested, upload scans of documents to help verify your identity for Know Your Customer (KYC) checks.
  7. Make a qualifying deposit and place your first wager on the March Madness betting market of your choice.

After you've completed the above sign-up process, you can repeat it to claim additional sportsbook promo codes. The more March Madness promo codes you redeem, the more bonus funds you'll have to use on March Madness bets.

States With March Madness Sports Betting Promos

As this is a nationwide event, it's important to know in which states March Madness sports betting promos are available for use.

Here's a rundown of the states where you can take advantage of online sports betting March Madness betting promos:

Benefits of March Madness Bonuses

Find The Best Welcome Offer

Finding the best welcome offer for March Madness betting is important as "best" can mean a lot of different things to sports bettors. If you're looking for bonus bets with a small initial deposit, consider the DraftKings offer for March Madness to get $150 in bonus bets. Or if you want a March Madness betting promo first bet offer, then the BetMGM, Caesars Sportsbook, or the FanDuel promo could best fit your needs.

Play With The Best Odds

If you play with the best odds, there's a better chance you profit in the long run. By signing up with multiple sports betting sites and claiming multiple March Madness sportsbook bonus codes, this allows you to shop the odds to find the best ones for the specific wager you're looking to make.

Whether it is an individual game spread or a futures price, having the best odds is a true advantage when placing March Madness bets.

Chance To Build Your Bankroll With Bonus Funds

These March Madness promos give you the chance to build your bankroll with bonus funds, right off the bat. Whether you're joining via a bet and get or simply receive bonus funds as reimbursement for a lost first bet, bonus funds can help supplement your bankroll, rather than making additional deposits.

As long as you are using bonus funds, which typically come with a 1x play through requirement, your bankroll should remain in good shape throughout March Madness 2023.

Types Of March Madness Betting Promotions

March Madness betting bonuses come in all shapes and sizes. These are the most common types of March Madness betting promotions being offered currently:

Bonus Bets

Bonus bets are funds you'll receive after opting into any and all of the best March Madness betting promos. They typically come with a 1x playthrough requirement. The DraftKings March Madness promo allows you to bet $5 to win $150 in bonus bets. You can use these to wager on anything, such as CBB championship odds.

Deposit Match

A deposit match is when a sports betting site matches the funds you are depositing in the form of a bonus. For example, if there is a 100% deposit match, and you deposit $100, you'll receive an additional $100 in funds to place March Madness bets with.

Odds Boosts

Odds boosts move the odds in favor of the sports bettor during March Madness. Hypothetically, the top-ranked Houston Cougars could have +650 to win the national title. But with an odds boost, you could get them at +1000 odds.

Bet Credits

Bet credits are just another term for bonus bets. You'll typically receive bet credits from a March Madness betting promo, if your first bet loses. For example, if you place a $1,000 first bet with BetMGM, and it is graded as a loss, you'll get $1,000 worth of bet credits as reimbursement for the losing wager.

First Bet Bonuses

First bet bonuses are provided when you sign up with the March Madness sports betting promotions highlighted on this page. The largest first bet bonus is available with the Caesars promo code ROTOFULL, which nets new users a $1,250 first bet on Caesars.

Get Started With March Madness Betting Promos Now

There are lots of great March Madness promos to choose from. Each provides different March Madness bonuses, adding up to thousands in bonus funds to use on March Madness bets. Whether you decide to sign up for a sportsbook for the first time or add another to your sports betting portfolio, getting started using March Madness promos will give you the opportunity to use bonus bets to place wagers throughout the tournament.

Sign up now using the March Madness sportsbook promos in this article to reap the benefits and claim the the best March Madness 2023 bonuses on the market today.

March Madness Betting Promos FAQ

What is the best March Madness betting promo available?


The best March Madness betting promo available will depend on your individual sports betting needs. The top-rated March Madness betting bonuses include the promo code at Caesars Sportsbook (ROTOFULL) which provides a $1,250 first bet on Caesars, and the DraftKings Sportsbook promo code which nets new users $150 in bonus bets if their $5 first bet is a winner.

Can I redeem March Madness betting promos on my phone?


Yes, you can redeem March Madness betting promos on your phone. Simply click through the sign-up link on your mobile web browser and download the corresponding sportsbook app to use the many March madness bonuses available.

Do March Madness promotions and bonuses expire?


Yes, March Madness promotion and bonuses do expire, so be sure to use them prior to the expiration date. Most March Madness bonuses and promotions expire seven days after sign up, but be sure to read the full terms and conditions of the March Madness promo code that you claim.

Am I allowed to use March Madness sportsbook promo codes?


Yes, you are allowed to use March Madness sportsbook promo codes to sign up for the top sports betting sites in the U.S. Each March Madness sportsbook promo code provides bonus funds to get started with. Sign up via the promo code links in this article today.

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Paul Shapiro
Contributor since April 2022
Paul Shapiro writes about fantasy sports for RotoWire
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