March Madness Betting Promos: Up to $1.9K in Bonuses + 10 Profit Boosts for Sweet 16

Four teams have secured their spots in the Elite Eight, while the last four will punch their tickets today. New bettors can claim lucrative March Madness betting promos from BetMGM, FanDuel, DraftKings, and Caesars Sportsbook. Read below to learn more.

Best March Madness betting promos

Sportsbook	Welcome Bonus	Promo Code
BetMGM	Up to $1,500 in bonus bets	SI1500
Caesars Sportsbook	Bet $1, double your winnings on next 10 bets	SICZRDYW
FanDuel	Bet $5, get $200 in bonus bets if you win	Claim $200 without code
DraftKings	Bet $5, get $200 in bonus bets instantly	Claim $200 without code

BetMGM bonus code: Get up to $1,500 in bonus bets

BetMGM has one of the biggest bonuses around, and new players can use our exclusive BetMGM bonus code SI1500 to lock it in. If your bet loses, you’ll receive 100% of your wager back in bonus bets, up to $1,500. Here are the details: 

Deposit a minimum of $10 and place your first wager on any sports event.
If you lose your first bet and it’s under $50, you’ll receive a bonus bet that matches your loss.
For bets over $50, you’ll get five bonus bets, each worth 20% of your initial stake.
You must use your bonus bets within seven days.
This promotion runs all tournament long.

The BetMGM bonus code offer is great for anyone, but the bigger the bet, the bigger the value.

Use BetMGM bonus code SI1500 for up to $1,500 in bonus bets - CLAIM NOW

This BetMGM offer is available to first-time customers in the following states: AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MS, NC, NJ, OH, PA, TN, VA, WV, WY. This offer is not available to bettors in NV, NY, or Ontario, Canada.

Caesars Sportsbook promo code: Bet $1 to double your winnings on next 10 bets

Snag 10 profit boost tokens by using our Caesars Sportsbook promo code SICZRDYW. Each token comes with a 100% profit boost. Read below for details.

Make at least a $10 deposit and place a minimum $1 wager on any market.
After that, you’ll receive 10 profit boost tokens, each with a 100% profit increase.
Bets must be on odds of -10000 or longer, and that goes for wagers made with profit boost tokens too.
Each token allows you to bet up to $25 and earn a maximum of $2,500.
Tokens expire 14 days after they’re issued.
This promo ends at 11:59 PM ET on April 15, 2025.

Caesars’ March Madness offer gives you up to 14 days to use your bonus. That’s double what most sportsbooks offer, so take your time.

Bet $1 and double your winnings on your next 10 bets at Caesars Sportsbook - CLAIM NOW

This Caesars Sportsbook promo is available to new customers in the following states: AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, WV, WY. Bonus not available in Ontario, Canada.

FanDuel promo code: Bet $5, get $200 in bonus bets if you win

You must win your initial $5 wager at FanDuel to claim the $200 in bonus bets welcome offer. The good news? There are no odds restrictions on said wager. Check out the details here:

Click any FanDuel link on this page to register. Download the app to complete your sign-up and claim your welcome bonus.
To receive $200 in bonus bets, you must win your first $5 wager.
There are no odds restrictions on your first bet.
Your FanDuel bonus bets expire in seven days.
This FanDuel promo ends at 11:59 PM ET on April 7, 2025.

Your first bet is not the time to go big at FanDuel. Find the shortest odds possible and secure your $200 in bonus bets with a win.

Bet $5 and get $200 in bonus bets from FanDuel if you win - CLAIM NOW

This FanDuel promo is available to new customers in the following states: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY. Bonus not available in Ontario, Canada.

DraftKings promo code: Bet $5, get $200 in bonus bets instantly

The DraftKings welcome offer is like taking bonus bets from a baby. Win, lose, it doesn’t matter. Once your first $5 bet has been placed, you’ll instantly receive $200 in credits. Here’s how it works:

To launch the offer, make a minimum deposit of $5 and place a $5 wager.
You’ll receive eight $25 bonus bets instantly.
You don't need to win your first $5 wager to receive the $200 in bonus bets.
Your bonus bets will expire after seven days.
This DraftKings promo ends at 11:59 PM ET on March 30, 2025.

Since your bonus bets are guaranteed, we see no reason not to swing for the fences with your first $5 wager.

Bet $5 and get $200 in bonus bets instantly from DraftKings - CLAIM NOW

This DraftKings promo is available to new customers in the following states: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY. Bonus not available in Ontario, Canada.

Can you bet on March Madness in the US?

Yes, but some states have restrictions on local teams and player props. Find your state below to see where it stands.

Compare the best March Madness betting promos

Claim up to $1,900 in bonus bets and 10 100% profit boost tokens from BetMGM, Caesars Sportsbook, FanDuel, and DraftKings during the Sweet 16.

	BetMGM	Caesars Sportsbook	FanDuel	DraftKings
March Madness betting promo	Up to $1,500 in bonus bets	Bet $1, double your winnings on next 10 bets	Bet $5, get $200 in bonus bets if you win	Bet $5, get $200 in bonus bets if you win
Promo code	SI1500	SICZRDYW	No code required	No code required
Bonus form	1 or 5 bonus bets	10 100% profit boost tokens	$200 in bonus bets	Eight $25 bonus bets
Minimum deposit	$10	$10	$5	$5
Minimum bet	N/A	$1	$5	$5
Days to use bonus	7 days	14 days	7 days	7 days

Odds refresh periodically and are subject to change.

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