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March Madness Betting Promos: Claim $1.9K in Bonuses + 10 Profit Boosts for the First Four 

March Madness promos
March Madness promos | Sports Illustrated

The First Four rolls on in Dayton, Ohio, as four more tournament hopefuls vie for the final two spots in the round of 64. 

Read on to learn how to claim exclusive March Madness betting promos and bonus codes from BetMGM, Caesars Sportsbook, FanDuel, and DraftKings ahead of tonight’s slate of games. 

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 

Use our exclusive BetMGM bonus code SI1500 today, and BetMGM will refund your first wager, up to $1,500, in bonus bets if you lose. Here are the details:

  • You must deposit a minimum of $10 and place a bet on any sports betting market.
  • If your wager settles as a loss, BetMGM will return the full amount, up to $1,500, in bonus bets. If you win, you won’t receive a welcome bonus. 
  •  If you bet less than $50, BetMGM will give you one bonus bet. Wagering more than $50 will earn you five bonus bets, with each valued at 20% of your initial wager. 
  • Your BetMGM bonus bets will expire seven days after issuance. 
  • This March Madness betting promo extends beyond the Big Dance, ending on Sept. 1, 2025, at 11:59 p.m. ET. 

The BetMGM bonus code is especially great for new bettors who can maximize the $1,500 offer. By depositing and betting $1,500, you either win big or receive five $300 bonus bets. 

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, double your winnings on next 10 bets 

Enter our exclusive Caesars Sportsbook promo code SICZRDYW to get 10 100% profit boost tokens when you sign up and place a $1 bet. Keep the following in mind before getting started: 

  • You must make a $10 minimum deposit and $1 wager on any sports betting market. 
  • Win or lose, Caesars will award you 10 100% profit boost tokens to double your winnings on your next 10 bets. 
  • Your initial wager must be on –10000 odds or longer. The same minimum odds apply to each profit boost token. 
  • With each profit boost token, you can bet up to $25 and win up to $2,500. 
  • All Caesars Sportsbook profit boost tokens expire in 14 days. 
  • This March Madness betting promo ends at 11:59 PM ET on April 15, 2025.  

Caesars Sportsbook’s new-user bonus is a great offer for first-time bettors. With only a $10 deposit and a $1 wager needed, this March Madness promo has one of the easiest entry requirements. 

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 

FanDuel Sportsbook is offering new users the chance to earn $200 in bonus bets by wagering on the First Four. Just deposit and place a $5 bet, and you'll receive $200 in bonus bets if you win. Here’s how to claim the offer: 

  • Click the link below to get started. You must download the FanDuel app to complete registration. 
  • Deposit and wager at least $5. If you win, you’ll receive $200 in bonus bets. 
  • There is no minimum odds requirement attached to your initial wager. 
  • Your bonus bets will expire seven days after issuance. 
  • This March Madness betting promo ends on April 7, 2025, at 11:59 PM ET. 

We recommend steering clear of plus-money bets with your first FanDuel wager. Instead, pick a heavy favorite to increasing your chances of earning $200 in bonus bets. 

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 

Unlike the FanDuel welcome bonus, DraftKings’ March Madness offer provides new users with an immediate boost to their bankrolls. No matter what happens with your first $5 bet, the sportsbook will instantly credit your account with a generous $200 in bonus bets. 

Here’s the breakdown: 

  • You must deposit and bet at least $5 on any active sports betting market. 
  • Regardless of the outcome of your wager, you’ll receive eight $25 bonus bets.  
  • All DraftKings bonus bets expire in seven days. 
  • This March Madness betting promo ends at 11:59 PM ET on March 30, 2025

DraftKings’ March Madness welcome offer is a must for any bettor. With a guaranteed $200 bonus, you can make a bolder move with your first $5 bet. Even if you lose, you'll receive eight $25 bonus bets. 

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, although some states impose limits on betting for college sports and player props, the majority of states where betting is legal permit March Madness wagers. See the table below for your state's position on March Madness betting. 

legal
Legal States | Sports Illustrated
legal
Legal States | Sports Illustrated

Compare the best March Madness betting promos 

With four enticing welcome offers available, you can earn up to $1,900 in bonus bets and 10 100% profit boost tokens throughout March Madness. Here's a breakdown of each offer:

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.

If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.


Published | Modified
Brian Giuffra
BRIAN GIUFFRA

Brian Giuffra is the VP of Betting Content at Minute Media and has been with the company since 2016. He's a fan of the Knicks, Giants, wine and bourbon, usually consuming them in that order.

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