March Madness DraftKings Promo Code: Bet $5, Get $200 in Guaranteed Bonus Bets for Elite Eight

Brian Giuffra | Mar 30, 2025

DraftKings Promo / Sports Illustrated

The last two Elite Eight regional finals go down today in Atlanta, GA, and Indianapolis, IN, with the winners earning spots in the Final Four.

DraftKings has an incredible new customer offer of $200 in guaranteed bonus bets for just a $5 wager. Your bet doesn’t need to win, and no DraftKings promo code is required. This deal ends today, so make sure to jump on it now.

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

What you need to know about the DraftKings March Madness offer

DraftKings March Madness welcome bonus terms and conditions:

• There is no DraftKings promo code required.
• You must deposit and bet at least $5 to claim the bonus.
• You’ll receive eight $25 bonus bets regardless of the bet outcome.
• Bonus bets must be used within seven days and are non-withdrawable.
• The expires on March 30, 2025, at 11:59 PM ET.

With $200 guaranteed bonus bets on the way, we’d recommend betting on some decently long odds to try making some dough with your $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.

More DraftKings offers for all users

The DraftKings ‘Promos’ section has all the daily March Madness offers, as well as profit boosts, contests, and more for various sports. Be sure to check it out when making your bets.

How to claim $200 in bonus bets from DraftKings

Follow the steps below to claim DraftKings’ terrific March Madness promo:

• Register: Click a link on this page to be directed to the DK website, where you can follow simple sign-up instructions.
• Make a deposit: Add a minimum of $5 to your account through one of the various banking methods.

• Place a bet: Make a $5 wager on any DraftKings market to claim your bonus. You’ll receive your bonus bets instantly — regardless of the outcome.
• Use your bonus: Enjoy your eight $25 bonus bets. Be sure to use them within seven days.

Can you bet on March Madness in the US?

Yes, March Madness betting is legal in the U.S. The table below will provide details on any restrictions in your state.

Legal States / Sports Illustrated

Compare March Madness betting promos

Claim up to $1,700 in additional bonus bets and 10 100% profit boosts available from BetMGM, Caesars Sportsbook, and FanDuel.

	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

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