The NCAA Tournament is one of the biggest events of the year in American sports, and is the cause of one of the most heavily bet weekends in the sports calendar each year. During March Madness, sportsbooks big and small will be offering new players promotions to incentivize players to choose them over their competitors when betting on the tournament. Here, we will look at the upcoming March Madness sportsbook promos that can help pad your bankroll as the brackets unfold.
Best March Madness Sportsbook Promos
BetMGM Two Great Offers
BetMGM Risk Free Bet Offer
During the NCAA Tournament, upsets are inevitable, with every team at risk. Fortunately for bettors, BetMGM is offering a risk-free bet worth up to $1,000 that can help mitigate the risks of each game during the tournament. If a bettor’s first wager at BetMGM loses, they are reimbursed for the amount that they put on that first bet, with a maximum reimbursement amount of $1,000.
This offer can help bettors get their funds back if they lose on their first wager due to an upset. It can also embolden bettors to wager on the upset they think is going to happen, but they are on the fence about betting on. Either way, bettors can rest assured that they will get a second chance to win their first bet at BetMGM.
BetMGM Bet $10 Win $200 Offer
Alternatively, new users can get a 20-1 return on a 3-pointer made by betting $10 on either team to win in an upcoming college basketball game. To do that, bettors can wager $10 on either team to win in any match up on the money line. If a three-point shot is made in that game, BetMGM will pay out $200, whether or not that team goes onto win. This is a mortal lock when it comes to betting hoops these days!
DraftKings Sportsbook: Bet $5, Win $200
At DraftKings Sportsbook, new bettors can get 40/1 odds on any game during the NCAA Tournament. Bettors can put $5 on any team to win a game on the moneyline during the tournament. If that $5 bet is a winner, DraftKings will pay out $200 in free bets. This can even be used to bet on one-seeds against 16-seeds in the first round of the tournament, turning massive favorites into 40/1 payouts if that team wins!
Caesars Sportsbook: First Bet Insurance
Caesars Sportsbook has one of the biggest March Madness sportsbook promos available, as bettors can get their first bet insured up to $1100. New players can place a first-time wager of up to $1,100, if it wins you get paid! If it loses get it back in the form of a Free Bet.
FanDuel Sportsbook: Bet $5, Win $150 OR $1,000 Risk-Free Bet
At FanDuel Sportsbook, bettors can take advantage of the same risk-free bet offer that BetMGM is offering. A risk-free bet worth up to $1,000 is one of the best March Madness sportsbook promos available, as this offer can eliminate the risk from the first bet at FanDuel. Peace of mind is hard to find in sports betting, but risk-free bet offers manage to provide just that, which could really come in handy as brackets get busted in March.
They can also choose to bet $5 to win $150 on any upcoming NCAA Tournament game. At FanDuel, this offer pays out no matter what happens with the bet that a player makes, meaning that FanDuel is giving out $150 in free bets even if a bettor loses their $5 moneyline bet. That is not only a good value at 30/1 odds, but it is also good for peace of mind as the original bet does not even have to win for the promo to pay out.
2022 March Madness Schedule
The 2022 NCAA Tournament is scheduled to take place from March 15 to April 4, 2022. The tournament field will be selected on March 13, with the First Four games tipping off just two days later. The Final Four will commence on April 2, with both semifinals taking place on that date, and the national championship game happening on April 4 at the Caesars Superdome in New Orleans, Louisiana.
2022 NCAA Tournament Favorites
The favorites to win the NCAA Tournament this year are still to be determined, as teams look to navigate their schedules to earn the top seeds in the tournament. Kansas, Gonzaga, and Kentucky all look like legitimate contenders to cut down the nets at the end of the tournament, but there are countless other programs that could make a run to the title this year. The field is more wide open than in most seasons, which should make for a very exciting three weeks in March and early April.