DraftKings March Madness Promo: Bet $5 to Win $200 On Any CBB Game!

By Adam Martin Mar 14th, 2024 7:22 AM EST

Tap for Promo Visit site

Bet $5, Get $200 in Bonus Bets and 10 Golden Chips, Win or Lose

Used 39 Times Today

Must be 21+ to participate (18+ in KY). Gambling problem? Call 1-800-GAMBLER (CO, IL, IA, KY, KS, LA, MD, NC, NJ, OH, PA, TN, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Minimum $10 deposit required. Minimum odds -500 of greater. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.

The 2022 March Madness tournament continues on Thursday with the Sweet 16, and with the DraftKings promo code, new customers can get $200 with just a $5 bet on any March Madness game!

New users can also get a 20% bonus on their first deposit worth up to $1,000! If you’re betting on the March Madness Sweet 16, then DraftKings Sportsbook is the perfect place to bet on the games! Keep reading and find out how to get started with DraftKings Sportsbook, one of the best sports betting sites in the country.

How To Bet With The DraftKings March Madness Promo Code

DraftKings Sportsbook offers new customers the chance to bet $5 and win $200 on any college basketball game! Here’s how to get started at DraftKings Sportsbook:

1. Sign up for DraftKings Sportsbook using the sports betting app or website and create your account
2. Deposit at least $5
3. Bet $5 on any college basketball team and win $200 if your team is victorious!

DraftKings Sportsbook has the lowest minimum deposit ($5) of all the major sportsbooks, so this deal carries very little risk and potentially a very nice reward! Keep in mind that the $200 is in site credits and is broken down as eight $25 bets. If your team wins, you’ll get the $200 in addition to whatever winnings you would get based on your original wager.

Tap for Promo Visit site

Bet $5, Get $200 in Bonus Bets and 10 Golden Chips, Win or Lose

Used 39 Times Today

Must be 21+ to participate (18+ in KY). Gambling problem? Call 1-800-GAMBLER (CO, IL, IA, KY, KS, LA, MD, NC, NJ, OH, PA, TN, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Minimum $10 deposit required. Minimum odds -500 of greater. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.

The Best DraftKings March Madness Promo Codes

DraftKings Sportsbook also offers new users a 20% first deposit match bonus up to $1,000. This means that, for example, a $100 first deposit would see you earn $20 in site credits. To get the maximum of $1,000, you’d need to deposit $5,000. Keep in mind there is a 25x rollover attached to these bonus funds before they are fully unlocked into your account.

DraftKings Promo Codes for Sweet 16 Betting

The March Madness Sweet 16 begins on Thursday. The four college basketball betting games taking place on Thursday are:

• 4 Arkansas vs. 1 Gonzaga 7:09 p.m. (CBS)
• 11 Michigan vs. 2 Villanova 7:29 p.m. (TBS)
• 3 Texas Tech vs. 2 Duke 9:39 p.m. (CBS)
• 5 Houston vs. 1 Arizona 9:59 p.m. (TBS)

There are also the following four games taking place on Friday.

• 15 Saint Peter’s vs. 3 Purdue 7:09 p.m. (CBS)
• 4 Providence vs. 1 Kansas 7:29 p.m. (TBS)
• 8 North Carolina vs. 4 UCLA 9:39 p.m. (CBS)
• 11 Iowa State vs. 10 Miami 9:59 p.m. (TBS)

DraftKings Sportsbook is the king of sportsbooks, so get signed up today with the awesome promo code and get started betting on sports today!

Tap for Promo Visit site

Bet $5, Get $200 in Bonus Bets and 10 Golden Chips, Win or Lose

Used 39 Times Today

Must be 21+ to participate (18+ in KY). Gambling problem? Call 1-800-GAMBLER (CO, IL, IA, KY, KS, LA, MD, NC, NJ, OH, PA, TN, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Minimum $10 deposit required. Minimum odds -500 of greater. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.

About the Author

Adam Martin

More About Adam

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.

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