March Madness is upon us, and with the 2025 NCAA Tournament set to captivate college basketball fans nationwide, it's also a prime opportunity for bettors to start making money on a range of March Madness betting promos.
This year, leading sportsbooks including FanDuel, BetMGM, Fanatics, Caesars and more are rolling out enticing offers that can't be missed, from generous bonus bets to game-changing profit boosts.
In this piece, we've ranked the top 10 betting promotions available for March Madness 2025, giving you the best chance to maximize your winnings. But first, let's set the scene.
Contents:
1. What Are March Madness Betting Promos?
2. Types of March Madness Betting Promos
3. Top 10 March Madness promotions ranked
4. Why Take Advantage of March Madness Betting Promotions?
5. How Can I Max My Winnings This March Madness?
What Are March Madness Betting Promos?
March Madness betting promos are special offers provided by sportsbooks to entice new and existing customers to place bets during the NCAA Tournament.
These promotions often come in the form of bonus bets, profit boosts, and risk-free wagers. The aim is to give bettors more value for their money and reduce the financial risks associated with sports betting.
The NCAA Tournament is one of the biggest sports betting events of the year, making it a prime opportunity for sportsbooks to roll out some of their most lucrative promotions.
Whether you're a seasoned bettor or new to sports betting, platforms like Fanatics Sportsbook offer these promos as an excellent way to engage with the tournament while maximizing potential profits.
Types of March Madness Betting Promos
Understanding the different types of March Madness betting promos can help you make the most of these opportunities. Here are the most common promo types:
- Risk-Free Bets: If your first bet loses, you receive a refund in bonus bets.
- Deposit Matches: Sportsbooks match your initial deposit up to a specified amount.
- Bonus Bets: Receive free bets to use on any March Madness game.
- Profit Boosts: Enhanced odds that increase potential winnings on successful bets.
- Parlay Insurance: Refunds for losing parlays if one leg fails.
Each sportsbook offers a unique twist on these promos, providing numerous ways to maximise your winnings.
No.1: FanDuel Sportsbook- Bet $5, Get $200 in Bonus Bets
FanDuel invites new users to place a $5 wager and receive $200 in bonus bets if their bet wins, providing a substantial boost to explore various betting markets during the tournament.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: Place a $5 bet to qualify
- Bonus Distribution: $200 awarded as bonus bets upon a winning bet
No.2: Fanatics Sportsbook- No Sweat $1,000
Fanatics Sportsbook offers new customers a risk-free first bet up to $1,000. If your initial wager loses, Fanatics Sportsbook will refund your stake in bonus bets, giving you a second chance during the tournament.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: First bet determines refund amount
- Bonus Distribution: Refunded as bonus bets if the initial bet loses
Claim Your Fanatics Promo Here
No.3: Caesars Sportsbook- Bet $1, Get 10 100% Profit Boosts
Caesars Sportsbook is offering new users the opportunity to receive 10 100% profit boosts when they place a $1 wager, significantly boosting your bankroll during March Madness.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: Place a $1 bet to qualify
- Bonus Distribution: 10 100% profit boosts after qualifying bet is placed
No.4: BetMGM Sportsbook- Up to $1,500 First Bet Offer
BetMGM offers new customers a risk-free first bet up to $1,500. If your initial wager loses, BetMGM will refund your stake in bonus bets, giving you a second chance during the tournament.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: First bet determines refund amount
- Bonus Distribution: Refunded as bonus bets if the initial bet loses
No.5: Borgata- Bet $20, Get $100 in Bonus Bets
Borgata Sportsbook is offering new users a straightforward deal: place a $20 wager and receive $100 in bonus bets, perfect for those looking to make small stakes while enjoying the thrill of the NCAA Tournament.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $20
- Wager Requirement: Place a $20 bet to qualify
- Bonus Distribution: $100 in bonus bets
No.6: DraftKings Sportsbook- Bet $5, Get $150 in Bonus Bets
DraftKings is enticing new customers with a straightforward promotion: place a $5 wager and receive $150 in bonus bets, providing ample opportunity to explore various betting markets throughout March Madness.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $5
- Wager Requirement: Place a $5 bet to qualify
- Bonus Distribution: $150 awarded as bonus bets
Claim Your Draftkings Promo Here
No.7: BetRivers- Risk Free Up to $500
BetRivers offers new customers a risk-free first bet up to $500. If your initial wager loses, BetRivers will refund your stake in bonus bets, giving you a second chance during the tournament.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: First bet determines refund amount
- Bonus Distribution: Refunded as bonus bets if the initial bet loses
Claim Your BetRivers Promo Here
No.8: bet365- Bet $5, Get $150 in Bonus Bets or $1,000 First Bet Safety Net
bet365 offers new users the choice between two promotions: place a $5 bet and receive $150 in bonus bets, or opt for a safety net on your initial wagers, providing a refund in bonus bets if your first bet loses.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: Place a $5 bet to qualify
- Bonus Distribution: $150 in bonus bets or a safety net on initial bets
No.9: Hard Rock Bet- Bet $5 get $100
Hard Rock Bet is enticing new customers with a straightforward promotion: place a $5 wager and receive $100 in bonus bets instantly, providing ample opportunity to explore various betting markets throughout March Madness.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: Place a $5 bet to qualify
- Bonus Distribution: $100 awarded as bonus bets
Claim Your Hard Rock Promo Here
No.10: ESPN BET- Bet $10 get $100
ESPN Bet is enticing new customers with a straightforward promotion: place a $10 wager and receive $100 in bonus bets instantly, providing ample opportunity to explore various betting markets throughout March Madness.
- Eligibility: New users aged 21 and over
- Minimum Deposit: $10
- Wager Requirement: Place a $10 bet to qualify
- Bonus Distribution: $100 awarded as bonus bets
Why Take Advantage of March Madness Betting Promotions?
Utilizing March Madness betting promos is a smart way to increase your potential returns while managing your risk. Many promotions provide bonus bets if your wager loses, giving you a second chance to win. Additionally, profit boost tokens significantly enhance your payouts on winning bets.
Another key advantage is the ability to diversify your betting strategy. With so many games taking place during the NCAA Tournament, March Madness promos give you the flexibility to place multiple wagers across different matchups. This not only increases your chances of winning but allows you to experiment with different betting markets.
How Can I Max My Winnings This March Madness?
With 67 games, 10 million+ viewers and $2.7 billion+ wagered each year, who doesn’t love March Madness? But while you may be a fan of backing a bracket and cracking a cold one, you may be missing out.
97% of bettors make a loss on March Madness each year, and while you may think that’s just part of the process, it really doesn’t have to be.
Following a few proven techniques, expert tools and top tips, you can join that that top 3% and bank serious profit this March Madness.
In our free guide, you will discover the 5 Best Betting Strategies This March Madness, complete with all the techniques, tools and tips you need to max your profit from them (pssst, #1 is a game changer).
Ready to jump the queue and start locking in profits right away? Sign up to your limited time new members offer of 7 days of ProfitDuel Premium for $1, and when you're ready to shoot your shot, slam dunk all 5 balls to walk away with $500 profit.