DraftKings Sportsbook Promo Code: Get $1,250 In Bonuses For March Madness Betting

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March Madness is here, and with our exclusive DraftKings Sportsbook promo code, new customers can score $1,250 in bonuses to get some wagering action down on the games.

When you sign up using our exclusive DraftKings Sportsbook promo code link, you can claim a three-part welcome bonus worth up to $1,250: a $50 Bonus Bet when you sign up and make a deposit of just $5, a 20% deposit match for up to $1,000, and a special ”Bet $5, Get $200” in Bonus Bets promotional offer.

This offer from DraftKings is among the best deals from any legal US sportsbook for March Madness.

Sound interesting? Read on, and we’ll fill you in on some details.

Bet March Madness at DraftKings Sportsbook

Click Here To Collect Up To $1,250 in Bonuses

Sign up today and receive a $50 bonus bet, plus a 20% deposit match for up to $1,000. Also, earn $200 in additional bonus bets by placing a $5 bet, win or lose. Visit DraftKings by clicking here to get rolling with $1,250 in sign-up bonuses!

How the DraftKings Promo Code Works

DraftKings knows that you have options for who you place bets online or via a mobile app. To encourage users to sign up with them, DraftKings offers a generous three-part welcome bonus:

  • A $50 bonus bet when you sign up and make your first deposit (min. $5).
  • A 20% deposit match bonus on your first deposit of up to $1,000.
  • Bet $5, Get $200 Instantly. Make a $5 bet, and DraftKings will deposit $200 in bonus bets to your account.

With so many college basketball games on deck, the DraftKings welcome bonus is a fantastic way to boost your bankroll as the 2023 NCAA Tournament begins.

But how do you claim it?

How To Claim Your $1,250 DraftKings Offer

With so many enticing matchups just in the first couple of days of the Tournament, having a few bonus bets in your back pocket could help. Here’s how you can claim yours from DraftKings:

  • Click on our exclusive DraftKings promo code link
  • Click on the “Sign Me Up” button and then follow the directions to register for an account with DraftKings.
  • Once you complete the registration process, make your first deposit (min. $5) using one of the approved banking methods, i.e., PayPal, credit/debit cards, online transfer, etc. Remember that this is the deposit your 20% match will apply to. You’veYou’ve now qualified for the first part of the bonus, a $50 bonus bet.
  • Now it’s time to place your first bet.
  • To get in on some March Madness action, click on “basketball, then click on “college basketball.” That will take you to the DraftKings odds page for upcoming March Madness games.

Determine which one you want to bet on and put down $5. Win or lose, DraftKings will deposit $200 in bonus bets to your account. As for the deposit match, specific terms and conditions are attached to it and to the other bonuses.

March Madness Odds

Here are the betting lines at some of the top sports betting apps in the country for upcoming games:

Bet TypeSpreads
Open
Thu (3/23) @ 6:30pm ET MSU Michigan State -110 -130 -130 -135 -141 -133 -135
KSU Kansas State -110 +110 +110 +115 +112 +112 +115
Thu (3/23) @ 7:15pm ET ARK Arkansas +155 +150 +150 +148 +148 +146 +145
UCON Connecticut -189 -175 -185 -175 -185 -175 -175
Thu (3/23) @ 9:00pm ET FAU Florida Atlantic -227 +200 +200 +195 +195 +190 +200
TENN Tennessee +180 -238 -250 -238 -238 -238 -250
Thu (3/23) @ 9:25pm ET GNZG Gonzaga +100 +115 +115 +110 +116 +110 +110
UCLA UCLA -120 -135 -135 -130 -141 -132 -130
Fri (3/24) @ 6:30pm ET SDSU San Diego State +240 +280 +270 +278 +275 +255 +260
ALA Alabama -303 -345 -345 -357 -385 -323 -345
Fri (3/24) @ 7:15pm ET MIA Miami (FL) +280 +240 +240 +240 +230 +235
UH Houston -345 -286 -303 -303 -286 -294
Fri (3/24) @ 9:45pm ET XAV Xavier +165 +160 +155 +150 +150 +152 +150
UT Texas -200 -189 -189 -179 -179 -185 -179
Thu (3/23) @ 6:30pm ET MSU Michigan State -1.5 +100 -2.0 -110 -1.5 -115 -2.0 -110 -2.0 -108 -1.5 -120 -2.0 -110
KSU Kansas State +1.5 -120 +2.0 -110 +1.5 -105 +2.0 -110 +2.0 -114 +1.5 -102 +2.0 -110
Thu (3/23) @ 7:15pm ET ARK Arkansas +3.5 -105 +3.5 -110 +3.5 -105 +3.5 -110 +3.5 -109 +3.5 -105 +3.5 -110
UCON Connecticut -3.5 -115 -3.5 -110 -3.5 -115 -3.5 -110 -3.5 -110 -3.5 -115 -3.5 -110
Thu (3/23) @ 9:00pm ET FAU Florida Atlantic -4.5 -115 +5.0 -110 +5.5 -115 +5.5 -110 +5.0 -109 +4.5 -104 +5.0 -110
TENN Tennessee +4.5 -105 -5.0 -110 -5.5 -105 -5.5 -110 -5.0 -112 -4.5 -118 -5.0 -110
Thu (3/23) @ 9:25pm ET GNZG Gonzaga +1.5 -115 +2.0 -110 +2.5 -110 +2.0 -110 +2.0 -109 +2.5 -115 +2.0 -110
UCLA UCLA -1.5 -105 -2.0 -110 -2.5 -110 -2.0 -110 -2.0 -110 -2.5 -105 -2.0 -110
Fri (3/24) @ 6:30pm ET SDSU San Diego State +6.5 -105 +8.0 -115 +7.5 -105 +7.5 -110 +7.5 -114 +7.5 -110 +7.5 -110
ALA Alabama -6.5 -115 -8.0 -105 -7.5 -115 -7.5 -110 -7.5 -108 -7.5 -110 -7.5 -110
Fri (3/24) @ 7:15pm ET MIA Miami (FL) +7.0 -108 +7.0 -110 +7.0 -110 +6.5 -109 +6.5 -104
UH Houston -7.0 -114 -7.0 -110 -7.0 -110 -6.5 -110 -6.5 -118
Fri (3/24) @ 9:45pm ET XAV Xavier +4.5 -110 +4.0 -110 +4.5 -115 +4.0 -115 +4.0 -115 +3.5 -102 +4.0 -110
UT Texas -4.5 -110 -4.0 -110 -4.5 -105 -4.0 -105 -4.0 -106 -3.5 -120 -4.0 -110
Thu (3/23) @ 6:30pm ET MSU Michigan State u136.5 -110 u137.5 -110 u137.5 -110 u137.5 -110 u137.5 -110 u137.5 -110 u137.5 -110
KSU Kansas State o136.5 -110 o137.5 -110 o137.5 -110 o137.5 -110 o137.5 -109 o137.5 -110 o137.5 -110
Thu (3/23) @ 7:15pm ET ARK Arkansas o139.5 -110 o139.5 -110 o139.5 -110 o139.5 -110 o139.5 -110 o139.5 -110 o139.5 -110
UCON Connecticut u139.5 -110 u139.5 -110 u139.5 -110 u139.5 -110 u139.5 -109 u139.5 -110 u139.5 -110
Thu (3/23) @ 9:00pm ET FAU Florida Atlantic o132.5 -110 o131.5 -110 o131.5 -110 o131.5 -110 o131.0 -108 o131.5 -110 o131 -110
TENN Tennessee u132.5 -110 u131.5 -110 u131.5 -110 u131.5 -110 u131.0 -112 u131.5 -110 u131 -110
Thu (3/23) @ 9:25pm ET GNZG Gonzaga o145.5 -110 o145.5 -110 o145.5 -110 o145 -110 o146.0 -109 o145.5 -110 o145.5 -110
UCLA UCLA u145.5 -110 u145.5 -110 u145.5 -110 u145 -110 u146.0 -110 u145.5 -110 u145.5 -110
Fri (3/24) @ 6:30pm ET SDSU San Diego State u136.5 -115 u136.5 -110 u136.5 -110 u136.5 -110 u136.5 -114 u137.5 -118 u136.5 -110
ALA Alabama o136.5 -105 o136.5 -110 o136.5 -110 o136.5 -110 o136.5 -108 o137.5 -104 o136.5 -110
Fri (3/24) @ 7:15pm ET MIA Miami (FL) u138.5 -110 u138 -110 u138.5 -115 u138 -110 u138.0 -114 u137.5 -106
UH Houston o138.5 -110 o138 -110 o138.5 -105 o138 -110 o138.0 -108 o137.5 -114
Fri (3/24) @ 9:45pm ET XAV Xavier u148.5 -110 u148.5 -110 u148.5 -110 u148.5 -110 u148.0 -109 u148.5 -110 u148.5 -110
UT Texas o148.5 -110 o148.5 -110 o148.5 -110 o148.5 -110 o148.0 -112 o148.5 -110 o148.5 -110

If you need help deciding on which games to bet on, the following trends may be of use:

  • No. 1 vs. No. 16: 147-1
  • No. 2 vs. 15: 138-10
  • No. 3 vs. No. 14: 126-22
  • No. 4 vs. No. 13: 117-31
  • No. 5 vs. No. 12: 95-53
  • No. 6 vs. No. 11: 91-57
  • No. 7 vs. No. 10: 89-58
  • No. 8 vs. No. 9: 72-76

March Madness Odds: Futures

If games you enjoy long-terms bets and want to play some March Madness futures, DraftKings has plenty of options for the NCAA Tournament for you:

To Reach the Sweet 16 (partial list of teams with odds)

  • Alabama -340
  • Houston -300
  • UCLA -265
  • Purdue -250
  • Arizona -200
  • Kansas -200
  • Gonzaga -150
  • Texas -150
  • Marquette -150
  • Tennessee -140
  • UConn -115
  • Xavier +105
  • Baylor +120
  • Creighton +125
  • Indiana +130
  • San Diego State +135

To Reach the Elite 8 (partial list of teams with odds)

  • Alabama -130
  • Houston -125
  • Purdue +135
  • Texas +135
  • Arizona +145
  • UCLA +170
  • Gonzaga +185
  • Kansas +190

To Win the NCAA Men’s Basketball Tournament (partial list of teams with odds)

  • Houston (+360)
  • Alabama (+340)
  • Kansas ()
  • Purdue ()
  • UCLA (

Other futures that bettors can wager on at DraftKings include team to win the region, to make Finals, the exact round of elimination, and more.

DraftKings Promo Code: Terms and Conditions

Terms and conditions are a part of every bonus offered by sportsbooks. With DraftKings, before you can withdraw the funds from the deposit match, there is a 25X playthrough requirement. That means that for every $1 of the deposit match, you would like to withdraw, you must play $25 with DraftKings.

Other important terms and conditions tied to the DraftKings promo code include the following:

  • Bonus bets must get used within seven days (168 hours of being awarded). Anything remaining after a week gets deleted from your account.
  • If you win a bet with a bonus bet as your stake, you collect the winnings from the wager, not the bonus bet’s value.
  • If your first deposit is $5000, you’ll be eligible for the maximum bonus of $1000. To get it, you will need to wager $25,000 within 90 days. But if you do not bet $25,000 in that timeframe, DraftKings will credit you according to what you did bet within 90 days; the remaining bonus funds will get deleted

Play March Madness Games Here: Click To Apply DraftKings Promo Code for $1,250 in Bonuses

About the Author
Travis Pulver

Travis Pulver

Writer and Contributor
Travis Pulver is a Senior Writer for Gaming Today and a lifelong football fan, something he says comes naturally having been born in the football-crazy state of Texas. Through the years, his love of sports has extended into baseball, basketball, golf, and rugby. Life currently finds him in Indiana with his wife and two kids.

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