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Best March Madness Betting Promos & Bonuses For Saturday Elite Eight

Adam Martin for Bookies.com

Adam Martin  | 

Best March Madness Betting Promos & Bonuses For Saturday Elite Eight

Bet $5, Get $150 in Bonus Bets
Promo Code: BOOKIES

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The 2023 March Madness tournament has been insane so far, with a number of upsets taking place since the first round. We are now on to the Elite 8, where the best eight college basketball betting programs in the country look to keep winning before moving on to the next round, the Final Four. 

We all know that the Elite 8 features some incredible college basketball action, and you can make it even more exciting by betting on the games with some incredible March Madness betting promos.

Below, we have compiled a list of the best March Madness betting offers from the top betting apps, so read on and find out more about these incredible deals.

Bet $5, Get $150 in Bonus Bets
Promo Code: BOOKIES

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Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+ and present in OH. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.

Bet $5, Get $150 in Bonus Bets
Promo Code: BOOKIES

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Used 68 Times Today
Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+ and present in OH. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.

Bet $5, Get $150 Instantly

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21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).

Bet $5, Get $150 in Bonus Bets if Your Bet Wins + 3 Free Months of NBA League Pass

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First Bet Safety Net Up To $1,000

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Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+ and present in OH. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.

Best March Madness Betting Promos & Sign-Up Bonuses

The Elite 8 starts on Saturday and concludes on Sunday, with the winning teams from each of the four matchups moving on to the Final Four. From there, it's the National Championship Game for the big prize.

For the first time in NCAA Tournament history, no No. 1 seed has reached the Elite 8 (Alabama and Houston were the final two, both knocked out in the Sweet 16). If you are planning to wager on the games over the next few days, check out these top March Madness betting promos to boost your bankroll before you get started.

🎁 Caesars Sportsbook March Madness Promo BOOKIESFULL for up to $1,250 On Caesars + 1,000 Tier Credits + 1,000 Reward Credits
🎁 BetMGM Sportsbook Bonus Code BOOKIESMARCH for Bet $10, Get $200 In Bonus Bets
🎁 DraftKings March Madness Promo Bet $5, Get $150 in Bet Credits (no promo code)
🎁 FanDuel March Madness Promo No Sweat Bet up to $1,000
🎁 Betway March Madness Promo Get Up To $250 In Bonus Bets 

BetMGM Betting Promos

When it comes to the best March Madness betting apps out there, BetMGM Sportsbook is right at the top of the list, and right now, you can take advantage of an amazing offer. 

Over at BetMGM Sportsbook, all you have to do is use the bonus code BOOKIESMARCH and bet $10 on any March basketball game to get $200 in bonus bets – win or lose! Below are the nuts and bolts of this deal with BetMGM Sportsbook:

BetMGM Betting Promo Terms & Conditions

  1. Sign up for a new BetMGM Sportsbook account using the bonus code BOOKIESMARCH
  2. Make your first deposit of at least $10
  3. Place your first wager on any March Matchups game via a pre-game moneyline for $10 or more and get $200 in bonus bets win or lose
  4. The bonus bets come in the form of four $50 bonus bets
  5. You get seven days to use your bonus bets at BetMGM Sportsbook
  6. The bonus bets come with a 1x rollover

Bet $5, Get $150 in Bonus Bets
Promo Code: BOOKIES

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Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+ and present in OH. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.

Caesars March Madness Betting Promos

The Caesars Sportsbook March Madness betting app is elite, filled with tons of odds boosts and unique bet offerings on a daily basis. The Caesars Sportsbook promo code BOOKIESFULL gives new users back up to $1,250 in bonus bets for their first wager on any college basketball game if it loses, plus 1,000 in Tier Credits and 1,000 and Reward Credits

For users in Ohio and Massachusetts, just use the promo code BOOKIES1BET and get back up to $1,500 in bonus bets on Caesars. We’ll explain how to claim these offers in the next section below.

Finally, all users can opt-in and get a 50% CBB Parlay Token to use on a parlay featuring four or more legs on March Madness games at +400 or greater final odds. The maximum bet is $50, and the maximum additional winnings from this offer are capped at $1,000.

Caesars March Madness Promo Terms & Conditions

  1. Sign up for a new Caesars Sportsbook account using the promo code BOOKIESFULL or BOOKIES1BET if in Ohio or Massachusetts
  2. Make your first deposit of at least $20
  3. Place your first bet on any March Madness game and get back up to $1,250 in the form of a single bet credit if it loses, or up to $1,500 if you are located in Ohio or Massachusetts
  4. You get up to 14 days in order to use your bet credits
  5. The bet credits come with a 1x rollover
  6. You will also get 1,000 Tier Credits and 1,000 Reward Credits added to your account

Bet $1, Double Your Winnings Your Next 10 Bets
Promo Code: BOOKIESDYW

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DraftKings March Madness Betting Promos

Over at DraftKings Sportsbook, which is one of the top-rated March Madness betting sites out there, new users can bet $5 on any March Madness game and get $150 in bonus bets (if their moneyline wager wins). 

If you want to take advantage of a great March Madness betting offer with minimal risk, then use this betting offer from DraftKings Sportsbook. Here’s how it works:

DraftKings March Madness Promo Terms & Conditions

  1. Sign up for a new DraftKings Sportsbook account – no actual promo code is required
  2. Make your first deposit for at least $5
  3. Place a wager on any pre-game college basketball moneyline for at least $5
  4. If your first bet wins, get back $150 in bonus bets in the form of six $25 bonus bets, plus your bet winnings
  5. You get one week to use your bonus bets at DraftKings Sportsbook
  6. The bonus bets come with a 1x rollover

Bet $5, Get $150 Instantly

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21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).

FanDuel March Madness Betting Promos

The FanDuel Sportsbook promo right now gives new customers a No Sweat First Bet worth up to $1,000

If you love betting on sports, especially March Madness, and if you want to use one of the best March Madness betting promos in the business, then sign up at FanDuel Sportsbook and take advantage of this amazing offer today. In the next section, we’ll explain how it works.

We also want to note that FanDuel Sportsbook is offering all users the chance to get Bracket Parlay Insurance once per day. Just make a parlay featuring three or more legs at +400 or great final odds (i.e. +450, +550), and if exactly one leg loses, you’ll get back up to $25 in bonus bets each day.

FanDuel March Madness Promo Terms & Conditions

  1. Sign up for a new FanDuel Sportsbook account – no actual promo code is required
  2. Make your first deposit of at least $10
  3. Place your first wager on any sport and get back up to $1,000 in bonus bets if it loses
  4. You get up to 14 days in order to use your bonus bets at FanDuel Sportsbook
  5. The bonus bets come with a 1x rollover

Bet $5, Get $150 in Bonus Bets if Your Bet Wins + 3 Free Months of NBA League Pass

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Betway March Madness Betting Promos

Finally, the Betway Sportsbook promo code gives new customers back up to $250 in bonus bets for their first March Madness wager if it loses

This is a fantastic offer and one of the best March Madness betting promo codes, so definitely sign up for Betway Sportsbook and claim this great deal today!

Betway March Madness Promo Terms & Conditions

  1. Sign up for a new Betway Sportsbook account – no actual promo code is required
  2. Opt-in to the promotion, and deposit at least $10
  3. Place your first bet on any March Madness game at -300 or great odds (i.e. -250, +150)
  4. If your first bet loses, get back up to $250 in bonus bets
  5. You get up to seven days in order to use your bonus bets at Betway Sportsbook
  6. Bonus bets come with a 1x rollover

First Bet Safety Net Up To $1,000

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Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+ and present in OH. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.

About the Author

Adam Martin for Bookies.com
Adam Martin
A writer based out of Toronto, Adam Martin has covered professional sports, with an emphasis on sports gambling, for more than a decade, writing for such outlets as The Toronto Star and Sportsnet. He is an expert in UFC, while also covering NHL betting and the Stanley Cup.