Best March Madness Sportsbook Promos and Bonuses

This is the most common welcome bonus at legal sports betting sites. The sportsbook will give you a full rebate if your first bet loses. The rebate will be paid in bonus credits, and you must then complete a playthrough requirement.

For example, you might be given a first-bet offer for up to $1,000. Just place a bet on any college basketball game, and you’ll be paid out in cash if it wins. If the bet loses, you will get your money back in bonus funds, and they will convert to cash after you satisfy the wagering requirements.

The sportsbook will match a percentage of your initial deposit with bonus funds. For example, you might be offered a 100% first deposit bonus of up to $150 or perhaps a 20% first deposit bonus worth up to $1,000.

You will receive your bonus credits immediately after making a deposit. You must complete the wagering requirements before cashing out.

You may occasionally find that a college basketball betting site provides you with bonus funds immediately after you sign up. There is no need to make a qualifying deposit, and the bonus credits will convert to withdrawable cash if you satisfy the playthrough requirements.

That means you can cash out a profit without risking your own money. These promos are attractive, but they are rare to find at online sportsbooks.

This type of welcome bonus is often available at bet365, DraftKings, and FanDuel. You must sign up and place a qualifying bet to unlock guaranteed bonus credits.

For example, you might be offered a “Bet $5, Get $150” promo at a college basketball betting site. If so, place a $5 wager on any regular season game or March Madness game, and you will then receive $150 in bonus bets, regardless of whether your $5 bet wins, pushes, or loses.

This is a deposit match bonus aimed at existing customers. For example, you might be offered a 20% reload bonus worth up to $40 if you top up your account balance in the build-up to the Final Four during the NCAA Tournament.

The best sportsbooks provide regular odds boosts throughout March Madness. These boosts are occasionally available on straight bets, such as the point spread, but they normally focus on parlays, same-game parlays, and props.

For example, you might find Tennessee, Gonzaga, and Alabama all to win, boosted from +220 to +250. These boosts enhance your cash winnings if the bet pays off. There is normally a limit on how much you can wager at the boosted odds.

Profit boost tokens differ slightly from odds boosts, allowing you to make your own picks. For example, you might be offered a 10% boost on any live bet placed on a March Madness game or perhaps a 33% boost on a same-game parlay during the NCAA Tournament.

These March Madness sportsbook promos give you a rebate if your parlay loses. You will get your money back in bonus bets, and you then need to complete a 1x rollover requirement before the funds can be withdrawn.

Some sportsbooks will only give you the rebate if just one leg of your parlay fails. Others will provide insurance on any unsuccessful parlays, irrespective of how many legs are incorrect.

Some sportsbooks run March Madness bracket challenges. These NCAAB promotions offer players the chance to win cash prizes, bonus bets, and other rewards.

For example, BetMGM has previously offered $10 million to any customer that could compile a perfect March Madness bracket. That is almost impossible — nobody has ever put together a perfect bracket, and the chances of doing so are 1 in 147 quintillion — so BetMGM gave $100,000 to the player that came the closest.

These promos allow you to win bonus bets by making astute predictions about games during the NCAA Tournament. You will also find survivor pools, which reward the players that call the most correct results after March Madness gets underway.

March Madness betting promos are special bonuses that online sportsbooks roll out during the NCAA Tournament. You can benefit from large welcome bonuses, such as “Bet & Get” promos or first bet offers. The best sportsbooks also provide March Madness bonuses for existing customers, including odds boosts, parlay boosts, and bracket challenges.

You can find March Madness betting promos at legal betting sites such as BetMGM, Caesars Sportsbook, FanDuel, and BetRivers. They often provide college basketball bettors with a wide range of special offers to celebrate the arrival of the NCAA Tournament each year.

The best March Madness betting bonuses are the welcome offers at BetMGM, Caesars Sportsbook, FanDuel, and bet365. They are large promos, and they also come with simple 1x playthrough requirements. BetMGM also provides many appealing NCAAB bonuses for existing customers during March Madness.

BetMGM and FanDuel typically run free-to-play March Madness bracket challenges. Hoops fans will also find survivor pools and prediction pools at DraftKings Sportsbook, so there are many opportunities to earn bonus bets and other prizes during the NCAA Tournament.

Caesars Sportsbook is the best app for anyone seeking odds boosts on March Madness. This online sportsbook provides odds boosts on most games, along with parlay boosts throughout the tournament. College basketball bettors will also find lots of odds boosts at bet365.

Yes, your March Madness bonus bets will expire if they are unused. Most sportsbooks will give you seven days to complete the wagering requirements on your bonus bets, but others will go to 14 or 30 days. If you do not use them in time, they will be forfeited and removed from your account.