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Best March Madness Betting Promos: Huge 40-1 First Four Boost & 10x 1st Bet Bonus

Adam Martin for Bookies.com

Adam Martin  | 8 mins

Best March Madness Betting Promos: Huge 40-1 First Four Boost & 10x 1st Bet Bonus

Up to $1,500 in Bonus Bets if Your First Bet Loses
Promo Code: BOOKIES

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Popular in Ohio
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

This year’s March Madness tournament kicks off on Tuesday with two First Four games. The top sports betting apps have some great deals to take advantage of right now, so read on and find out how to claim these offers right now.

Best March Madness Betting Promos

🎁 BetMGM March Madness Betting Promo $1,000 First-Bet Offer
🎁 Caesars March Madness Betting Promo Up to $1,250 Back On 1st Bet
🎁 DraftKings March Madness Betting Promo Bet $5, Get $200 in Bonus Bets Instantly
🎁 FanDuel March Madness Betting Promo 10x Your 1st Bet Up to $200
🎁 BetRivers March Madness Promo $500 2nd Chance Bet
🎁 PointsBet March Madness PromoGet $5 2nd Chance Bets Up to $50

BetMGM Sportsbook March Madness Betting Promo

The BetMGM Sportsbook bonus code BOOKIES gives new customers a first-bet offer for up to $1,000. Sign up for a new account, deposit at least $10, and then place your first bet. If it loses, you’ll get back up to $1,000 in the form of bonus bets. 

With the March Madness tournament kicking off this week, use this offer to bet on any game you want and get back up to $1,000 in bonus bets if your first bet loses.

There are also several special offers specifically for March Madness that both new and existing users can take advantage of. First, enter the free-to-play Perfect Bracket challenge. If your pick every game right, you can win $1 million. If no one gets every pick correct, then the most overall picks will win $100,000. 

Then, opt-in and bet $25 or more on any First Four March Madness game, and get a $10 bonus bet win or lose. Finally, opt-in and then bet on the winner of the tournament for $50 or more. If your team gets to the semifinals, you’ll get a $20 bonus bet.

Up to $1,500 in Bonus Bets if Your First Bet Loses
Promo Code: BOOKIES

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Used 36 Times Today
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

Caesars Sportsbook March Madness Betting Promo

The Caesars Sportsbook promo code BOOKIESFULL entitles new customers to get back up to $1,250 on Caesars Sportsbook. Register for a new account, deposit $20 or more and then place your first bet. If it loses, get back up to $1,250 in the form of bet credits, plus you’ll get 1,000 Tier Credits and 1,000 Reward Credits.

New users in Ohio and Massachusetts can use the promo code BOOKIES1BET instead to get back up to $1,500 in bet credits for a first losing wager. You can also take advantage of this +1000 odds boost on Texas A&M-CC, Pittsburgh, Texas Southern, and Arizona State all winning, which comes with a $100 maximum wager.

$1,000 First Bet on Caesars

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OH only. 21+. New users and first wager only. Must register with eligible promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Maximum bet credit $1,000; must be used within 14 days of receipt. See Caesars.com/promos for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER

DraftKings Sportsbook March Madness Betting Promo

The DraftKings Sportsbook promo code gives new users $200 in bonus bets for making a $5 bet on any sport. Just sign up for a new account, deposit $5, and then bet $5 or more on any sports market. You’ll then immediately get eight $25 bonus bets.

Use this deal from DraftKings Sportsbook ahead of this year’s March Madness tournament. On top of that, DraftKings Sportsbook is giving a 25% odds boost for tonight’s First Four games.

Bet $5, Get $200 in Bonus Bets + No Sweat NBA SGP Every Day Of The Playoffs

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Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.

FanDuel Sportsbook March Madness Betting Promo

Over at FanDuel Sportsbook, new customers can get 10x their first bet up to $200 in bonus bets. Sign up for a new account, deposit at least $10, and then place your first bet. 

You’ll then get 10x your first bet in the form of bonus bets up to $200, meaning a $20 first bet gets you $200 in bonus bets. It’s a great deal, so take full advantage of it ahead of March Madness.

In addition, all users can opt-in and then get a No Sweat Bet on any March Madness game. After opting in, if your first bet loses, you’ll get $100 in the form of bonus bets. 

Only one wager per person for this offer and the final odds must be -200 or longer (i.e. -150, +100). Not only that but there is also Bracket Parlay Insurance, which you can take advantage of once per day. Make a parlay featuring three or more legs for between $1 and $25 at +400 or longer odds (i.e. +450, +500), and you’ll get back up to $25 in the form of bonus bets if your wager loses.

Bet $5, Get $150 in Bonus Bets

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Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.

BetRivers Sportsbook March Madness Betting Promo

The BetRivers Sportsbook promo code gives new customers a second-chance first bet for up to $500. Sign up using the promo code BOOKIES, make your first deposit of at least $10, and then place your first bet. If your first bet loses, you’ll get back up to $500 in the form of bonus bets.

Use this offer from BetRivers Sportsbook to bet on any sport, including March Madness, and get back up to $500 in bonus bets if your first bet loses. In addition, there is a free-to-play Perfect Bracket challenge for March Madness at BetRivers Sportsbook.

2nd Chance Bet Up To $100

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Must be 21+ to participate. T&Cs apply.

PointsBet Sportsbook March Madness Betting Promo

Over at PointsBet Sportsbook, new customers can get back up to five second-chance bets worth $50 each. Just sign up for a new PointsBet Sportsbook account, and for the first five days after signing up, you can make your first bet each day for up to $50 and get a corresponding bonus bet if your wager loses. Use this offer to bet on all of your favorite sports.

With March Madness taking place all week, this offer from PointsBet Sportsbook is definitely worth taking advantage of right now.

March Madness Betting Odds For 3/14

There are two college basketball betting games taking place on Tuesday, March 14. The two games, including their betting odds, are the following:

  • 16 Southeast Missouri State Redhawks vs. 16 Texas A&M Corpus-Christi Islanders (-4, 155), 6:40 p.m. EST
  • 11 Pittsburgh Panthers vs. 11 Mississippi State Bulldogs(-2.5, 133), 9:10 p.m. EST

The Redhawks and Islanders meet in this First Four matchup to determine who moves ahead in the South Region. The Redhawks have gone 19-16 so far this season, while the Islanders have a slightly better record at 23-10

It should be a competitive game, as indicated by the close betting line, but with the Islanders having the better record, they are favored to win the game.

Bet on all of your favorite sports, including this year’s March Madness tournament, using the promo codes above from the sportsbooks listed in this guide. Happy betting!

Up to $1,500 in Bonus Bets if Your First Bet Loses
Promo Code: BOOKIES

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Used 25 Times Today
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

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.