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Must be 21+ and present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, OH, PA, TN, VA, or WV. Gambling Problem? Call 1-800-GAMBLER (CO, IL, KS, KY, LA, MD, MI, NJ, OH, PA VA, WV). Call 1-800-NEXT-STEP (AZ). Call 1-800-BETS-OFF (IA). Call 1-800-9-WITH-IT (IN), Call (800)-327-5050 or gamblinghelplinema.org in MA. Call or text REDLINE: 800-889-9789 (TN).

Best 7 March Madness Betting Promos & Bonuses For This Thursday, March 28, 2024

Mark Strotman for Bookies.com

Mark Strotman  | 20 mins

Best 7 March Madness Betting Promos & Bonuses For This Thursday, March 28, 2024

Bet $10, Get $150 in Bonus Bets
Promo Code: BOOKIES

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Must be 21+ and present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, OH, PA, TN, VA, or WV. Gambling Problem? Call 1-800-GAMBLER (CO, IL, KS, KY, LA, MD, MI, NJ, OH, PA VA, WV). Call 1-800-NEXT-STEP (AZ). Call 1-800-BETS-OFF (IA). Call 1-800-9-WITH-IT (IN), Call (800)-327-5050 or gamblinghelplinema.org in MA. Call or text REDLINE: 800-889-9789 (TN).

It’s the most wonderful time of the year: March Madness betting is finally here! We’ll crown a national champion soon, and on the way, bettors will be able to place bets on the outcomes of those games while taking advantage of a number of great promos, offers, and welcome bonuses from all the top March Madness betting sites in the process.

Best March Madness Betting Sites 

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

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

$1,000 First Bet on Caesars

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Bet $5, Get $150 in Bonus Bets Instantly

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Bet $5, Get $200 in Bonus Bets If Your Bet Wins

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Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

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First Bet Safety Net Up To $1,000

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Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, KY, LA, NJ, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. T&Cs Apply.

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Must be 21+ to participate. T&Cs apply. Play Responsibly. Gambling problem? Call 1-800-522-4700, CT (888) 789-7777, IA 1-800-BETS-OFF, MA (800)-327-5050, VA 1-888-532-3500

Bet $10, Get $150 in Bonus Bets
Promo Code: BOOKIES

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Must be 21+ and present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, OH, PA, TN, VA, or WV. Gambling Problem? Call 1-800-GAMBLER (CO, IL, KS, KY, LA, MD, MI, NJ, OH, PA VA, WV). Call 1-800-NEXT-STEP (AZ). Call 1-800-BETS-OFF (IA). Call 1-800-9-WITH-IT (IN), Call (800)-327-5050 or gamblinghelplinema.org in MA. Call or text REDLINE: 800-889-9789 (TN).

While also March Madness betting sites have the same functionality—a spot for bettors to legally place bets and earn winnings—they are not all created equal. Certain sports betting sites are better for certain types of players, and some welcome bonuses will appeal more to one person than it does another.

That’s why we’re here. We’ve analyzed all March Madness betting apps to let you know what we like about them, where they can improve, and how you the bettors can make the most out of your experience—including unlocking everything that comes with the welcome bonus after you register for a new account. Here’s what you need to know as you get ready to start playing.

Features At Top March Madness Betting Sites

Best March Madness Betting SitesBest Known For
🦁BetMGM SportsbookBest Markets Odds
💰CaesarsBest Welcome Offers
💵DraftKingsBest User Experience Promos
🤑FanDuelFastest Payouts Odds
betwayBest Potential
💲bet365Most Betting Markets
🔺FanaticsBest User Experience
📺 ESPN BETFastest Payouts Odds

BetMGM Sportsbook

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There’s a reason BetMGM Sportsbook is one of the most popular March Madness betting sites in the industry. New players will receive up to $1,500 in bonus bets! All you have to do is sign up for a new BetMGM account, deposit at least $10, and then make your first bet. If it loses, you will get back up to $1,500 in the form of bonus bets from BetMGM if your first bet loses.

Pros
Parlay builder
Elite rewards program
Great user experience
Cons
Lack of contests
High juice on some markets

Looking to bet on the upcoming March Madness tournament? Then the BetMGM bonus code BOOKIES is perfect for you. All you have to do is download the BetMGM sports betting app,  register for a new account, deposit at least $10, and then place your first bet. If your first bet at BetMGM loses, you will get back up to $1,500 in the form of bonus bets. 

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

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

Caesars Sportsbook

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If you’re looking to go big at your March Madness betting site, your best bet (literally) is Caesars Sportsbook. All bettors can earn up to $1,000 on Caesars with their first real-money wager of at least $10 . If your first bet at Caesars loses, get back up to $1,000 in the form of a bonus bet.

Pros
Elite boosts
Great rewards program
Great user interface
Cons
Fewer markets for niche sports
App can be glitchy

That’s the largest potential dollar amount on the board and makes it a great offer for bettors of all shapes and sizes. Either you’ll earn cash profit with a win or you’ll receive a matching bonus bet in equal value with a loss up to $1,000.

$1,000 First Bet on Caesars

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DraftKings Sportsbook

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Want to bet on March Madness? At DraftKings Sportsbook, get back up to $1,000 in bonus bets if your first wager loses.

Pros
Unique odds boosts
Lots of contests
Top-tier rewards program
Cons
No 24/7 Customer support
Same-Game Parlays Lacking

This is a great promo from DraftKings, and we highly recommend using it to bet on any March Madness game this year.

Bet $5, Get $150 in Bonus Bets Instantly

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FanDuel Sportsbook

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It can be stressful placing bets at March Madness betting sites—but FanDuel Sportsbook takes some of that stress away with thanks to a deal that gives you $200 in bonus bets for making a $5 first bet that wins.

Pros
Great live betting experience
Free contests
Variety of odds
Cons
No Rewards
Desktop geolocation issues

Just place your first March Madness bet up to $5 and get $200 in bonus bets if your first bet wins. That's a great deal, a wonderful reason to sign up for FanDuel Sportsbook.

Bet $5, Get $200 in Bonus Bets If Your Bet Wins

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Used 35 Times Today
Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

Betway Sportsbook

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Signing up at Betway Sportsbook secures a solid welcome bonus: a first-bet safety net for up to $250 In Bonus Funds if your first wager loses. 

Pros
Huge list of betting options on an excellent wagering platform
Offers reliable living streaming
Runs lucrative sportsbook contests
Cons
Second Chance bonus bet is smaller than rivals
Fewer promotions than competitors

Either your first March Madness wager is a winner at Betway, or it's a loser and you get your stake back to try again (up to a maximum value of $250 in bonus funds).

Check Out Betway Here

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< id="bet365" >bet365
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With the bet365 bonus code BOOKIES, new users can either get back up to $1,000 if their first bet loses or bet $5 and get $150 in bonus bets. It is up to you which deal you want to take, but you can only choose one. Either way, you are in good hands at bet365 Sportsbook with either of these two phenomenal welcome offers, regardless of which one you choose!

First Bet Safety Net Up To $1,000

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Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, KY, LA, NJ, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. T&Cs Apply.

Fanatics

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With the Fanatics Sportsbook promo code, new users can get back up to $1,000 in the form of 10 $100 bonus bets. For your first 10 days after signing up for a new Fanatics account, make your first bet each day for $100 or more, and you will get back up to $100 each day in the form of a bonus bet, for up to $1,000 in bonus bets in total. Considering how many days March Madness lasts, this is the ideal promo to take advantage of during the tourney!

Bet And Get Up To $1,000 In Bonus Bets

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Must be 21+ to participate. T&Cs apply. Play Responsibly. Gambling problem? Call 1-800-522-4700, CT (888) 789-7777, IA 1-800-BETS-OFF, MA (800)-327-5050, VA 1-888-532-3500

ESPN BET

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The ESPN BET promo code gives new users $150 in bonus bets for making a $10 first bet on any sport. Just sign up for a new ESPN BET account and bet $10 or more on any sport to get $150 in bonus bets. This is an awesome deal to claim just in time for March Madness.

Bet $10, Get $150 in Bonus Bets
Promo Code: BOOKIES

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Used 32 Times Today
Must be 21+ and present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, OH, PA, TN, VA, or WV. Gambling Problem? Call 1-800-GAMBLER (CO, IL, KS, KY, LA, MD, MI, NJ, OH, PA VA, WV). Call 1-800-NEXT-STEP (AZ). Call 1-800-BETS-OFF (IA). Call 1-800-9-WITH-IT (IN), Call (800)-327-5050 or gamblinghelplinema.org in MA. Call or text REDLINE: 800-889-9789 (TN).

March Madness New User Sportsbook Promos

All March Madness betting sites will offer new bettors some kind of sportsbook promo code that unlocks a welcome bonus. These welcome bonuses all provide bettors with something that enhances the sports betting experience and increases potential payouts. They’re all similar in that respect—but all are unique in their own right.

The two most popular forms of welcome bonuses are first-bet bonuses and bet-and-get offers. First-bet bonuses allow bettors to place a first real-money wager knowing that if that wager loses, they’ll receive matching bonus bets and a second chance to get their bets correct. 

Of course, a winning first wager earns cash profit like it would any other bet. Bet-and-get offers work like this: Place a small wager and automatically receive bonus bets that get transferred into your account. There’s less upside here but also less risk—making it a great option for all players.

Where Can I Use March Madness Betting Sites?

Online sports betting is available in more than 30 U.S. states, and that’s great news for players ready to get their hands on all the March Madness betting sites and the odds they provide. Here’s a look at the states where you can legally place bets on college hoops and March Madness:

StateCollege BettingCollege Prop BettingRestrictions
Arizona✔️No betting on in-state teams
Arkansas✔️✔️None
Colorado✔️No prop bets on any collegiate games
Connecticut✔️No betting on games involving in-state teams & in-state games
Delaware✔️No betting on in-state collegiate teams or games played in the state
Illinois✔️No betting on games involving in-state teams & in-state games
Indiana✔️No in-game prop betting allowed
Iowa✔️No prop bets on any collegiate games
Kansas✔️✔️None
Louisiana✔️✔️None
Maryland✔️✔️None
Massachusetts✔️No betting on in-state teams (tourneys with 4+ teams); no props
Michigan✔️✔️None
Nevada✔️✔️None
New Hampshire✔️No bets on any in-state collegiate games or games played in state
New Jersey✔️No bets on any in-state collegiate games or games played in state
New York✔️No betting on in-state teams; in-state game bets are allowed
Ohio✔️✔️None
OregonNo betting on college sports
Pennsylvania✔️In-state betting is allowed; no prop bets on any collegiate games
Rhode Island✔️No bets on games involving in-state teams & in-state games
Tennessee✔️No prop bets on any collegiate games
Virginia✔️No in-state team betting or prop betting
Washington✔️No bets on games involving in-state teams or games played in state
Washington DC✔️✔️None
West Virginia✔️In-state team betting is OK, no prop bets on any collegiate games.
Wyoming✔️✔️None
 

$1,000 First Bet on Caesars

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Odds On March Madness Betting Sites

We always recommend registering with multiple online sportsbooks, not only because you can take advantage of additional welcome bonuses but also because you can shop odds and make sure you’re getting the best value on your bets. 

Getting one team’s spread at -110 vs. -115 may not feel like a big difference, but that’s an additional $5 you’re wagering each time to win $100 ($115 vs $100), and that really adds up over time. 

While most odds are going to be similar—if not identical—it’s always worth looking around at multiple March Madness betting sites so you are sure you’re getting the best deal each time you place a bet.

Live Betting On March Madness Betting Sites

We know how quickly NCAA Tournament can change in an instant. That means that betting does not end once games begin. Live betting is a major part of all online sports betting sites—and especially during March Madness. 

It’s important to have a website (and strong internet connections) because these odds change in real time, and a missed or made shot will shift the odds in a matter of seconds. 

All major operators have live-betting functionality and make it easy for bettors to wager in-game. Realistically, it’s easier to place live bets on mobile betting apps but a fast computer and internet will make it possible on betting sites, too.

March Madness Betting Sites FAQs

Where can I use March Madness betting sites?

March Madness betting sites are available in more than 33 states, plus Washington, D.C. There are restrictions in some states on placing bets involving in-state teams or on games played in a particular state.

Which March Madness Betting Sites offer the best promos?

Different online sportsbooks provide different promotions to their players. Certain features will interest certain players, so it’s tough to say which are the best. All bettors are unique, so you’ll need to determine which kind of bets you want to make and then figure out which online sportsbooks best cater to those needs.

Which March Madness Betting sites have the best odds?

Most March Madness betting sites will tout similar odds on NCAA Tournament games. That being said, it’s important that bettors always shop lines at different operators to see where the best odds are for their specific game. What’s more, many operators offer odds boosts and profit boosts on major markets, which the NCAA Tournament would qualify for. Always register with multiple online sportsbooks so you have access to the best odds at all times.

Which March Madness Betting sites payout the fastest?

What’s great about using all legal and licensed online sportsbooks is that payouts happen in a matter of minutes and hours—rather than days and weeks at offshore sportsbooks. It depends which type of banking method you’re using, but most March Madness betting sites will pay out winnings within 24 hours.

Bet $5, Get $150 in Bonus Bets Instantly

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About the Author

Mark Strotman for Bookies.com
Mark Strotman
Mark is a veteran sports betting journalist who has covered the Bulls and the NBA since 2012. His work has appeared on ESPN.com, FoxSports.com, The Chicago Tribune and Yahoo Sports. He regularly provides NBA betting picks, as well as in-depth sportsbook reviews and the latest promo codes for all the major sports gambling operators, including Caesars Sportsbook, BetMGM, DraftKings, FanDuel and more.