BetMGM Sportsbook Bonus Code ‘GTODAY50’: Grab Your Choice of March Madness Promos is an independent sports news and information service. has partnerships with some of the top legal and licensed sportsbook companies in the US. When you claim a bonus offer or promotion through a link on this site, Gaming Today may receive referral compensation from the sportsbook company. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.

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With the NCAA Men’s Basketball Tournament tipping off this week, there’s a lot on the board for college basketball fans to bet on. It’s the perfect time to get in on the action, and new users who sign up today have a choice of March Madness promos to take advantage of with our exclusive BetMGM Sportsbook Bonus Codes.

Offer No. 1: A $1,000 First Bet + a $50 Bonus Bet. With this deal, BetMGM Sportsbook will pay back your first in Bonus Bets should it lose. Also, as soon as you make that first bet, your account will be credited with one $50 Bonus Bet. To grab this offer, use BetMGM Bonus Code “GTODAY50”.

Offer No. 2: Bet $10, Get $200 on any March Matchup. The promo adds $200 in Bonus Bets to your account just for making a $10 wager on a tournament game, win or lose. To land this deal, tap here and use BetMGM Bonus Code “GTODAYSB” .

These welcome bonuses are available for new users of both BetMGM Massachusetts and BetMGM Ohio, as those states have recently launched their legal sports betting markets.

While the first deal is better suited for the bigger bettor, and the second one a good fit for the smaller bettor, either deal is a fantastic way to get in on the March Madness action.


Grab one of two deals for the Madness

Use our exclusive BetMGM bonus code ‘GTODAY50’  to claim your $1,000 first bet offer plus a $50 bonus bet. Or use code ‘GTODAYSB’ to Bet $10, Get $200 instantly.

BetMGM Promo Code: $1,000 First Bet + $50 Bonus Bet

The self-titled “King of Sportsbooks”, BetMGM is one of the highest-rated sportsbooks in the country. Sports bettors can take advantage of a variety of perks and promos, including parlay insurance and odds boosts on specific events.

Sign up for BetMGM Sportsbook today with our exclusive promo code “TODAY” by clicking here. New users will get up to $1,000 back in Bonus Bets if their first wager loses, plus a $50 bonus bet after making your first wager.

With two chances to win your first bet and a $50 Bonus Bet, you’ll have a good leg up in betting on March Madness this year. Here’s how to claim your bonuses:

Bet $10, Get $200 on March Matchups at BetMGM Sportsbook

BetMGM’s second offer on tap is one for smaller bettors to consider: Score $100 in Bonus Bets just by placing one $10 bet on a March tournament game, win or lose.

This is a great way to earn some bets on the house and enhance your enjoyment of college basketball this month,

For example, if your brackets are busted early, and you are still craving some action this weekend, $200 in Bonus Bets will come in handy.

To claim this Bet $10, Get $200 offer, use BetMGM promo code GTODAYSB right here.

These offers are not available in DC, NY, MS, or NV.

BetMGM March Madness Odds

Here are betting lines offered by BetMGM on select tournament games.

Game Time Teams Spread Moneyline Total
Thu (12/7) @ 7:30pm ET IOWA Iowa +6.5 -105 +240 o153.5 -110
IAST Iowa State -6.5 -115 -303 u153.5 -110

Bet March Madness: Tournament Preview

The 2023 NCAA Men’s Basketball Tournament is one of the most anticipated sporting events of the year. With Ohio sports betting going live in January and Massachusetts following in March, this will be the first time betting on the tournament for millions of sports fans.

Whether you’re betting every game of the tournament, placing a couple of futures, or just want to win the office bracket pool, remember that they call it March Madness for a reason — who will be the surprise team this year?

  • At least one of the top-4 seeds have gone down in the first round in 13 of the last 14 tournaments
  • A No. 12 seed has upset a no. 5 seed in 32 of the last 37 tournaments
  • All four no. 2 seeds have advanced to the Sweet 16 only two times in the last 25 tournaments

Kansas, the reigning champion, enters this year’s tournament as a No. 1 seed. Despite losing Ochai Agbaji and Christian Braun to the NBA last summer, the Jayhawks have a strong roster. Likely All-American forward Jalen Wilson is scoring 19.7 PPG and securing 8.4 RPG. The Jayhawks have had an impressive season with key wins over Texas, Baylor, Duke, Kentucky, and Indiana.

Despite the success of Kansas, it’s the Houston Cougars entering the tournament as the favorite to cut the net this year (and in their home city to boot). Kelvin Sampson’s team has been on a tear this season and has finished with over 27 wins for the fifth team in the last sixth years. It remains to be seen how Houston will fare against better competition — the AAC wasn’t exactly a powerhouse.

Purdue and Alabama round out the other two No. 1 seeds for this year’s tournament. A couple 2 can make a lot of noise as well, including the Arizona Wildcats and Marquette Golden Eagles.

Dark horse contenders include the No. 8 seeded Arkansas Razorbacks who will face off against Illinois in the first round of tournament play. They lost to Alabama by just three points late in the year and notched key victories over Texas A&M and San Diego State. Keep an eye on VCU (a dreaded No. 12 against the No. 5), Miami, UConn, and Saint Mary’s to potentially bust some brackets.

Is there a sleeper team you think will make some noise this year? Bet a team to advance to the Final Four, Elite Eight, or Sweet Sixteen with BetMGM Sportsbook here.

March Madness: Schedule and How to Watch

The tournament officially tips off Thursday with the first round of play at various venues across the nation. The second round will be played this weekend with the preceding rounds over the coming weeks before the Championship Game in Houston.

  • March 16-17 (Round of 64)
  • March 18-19 (Round of 32)
  • March 23-24 (Sweet 16)
  • March 25-26 (Elite 8)

Get in on the Action: Bet $10, Get $200 Instantly at BetMGM Sportsbook 

About the Author
Ken Bates

Ken Bates

Ken Bates is a sports betting writer at Gaming Today. With years of experience in the industry, he’s covered several sports and is always on the lookout for an angle to bet. Bates resides in upstate New York and, as difficult as it may sometimes be, roots for the Jets, Mets, and Islanders.

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