The United States sports betting industry continues to grow, and that’s about to happen again in March 2023. March is always a huge month for the industry as March Madness begins, and that brings about plenty of excitement, with many sportsbooks offering special March Madness promos.
So before you even start thinking about betting on the games in March, you are going to want to find the best March Madness bonus that is available. All of the top operators are going to have something available that can put you on the path to winning big.
Best March Madness Bonuses and Promo Codes
While some of the bonuses are only offered when signing up, you can also find March Madness promotions for existing customers. Here is a look at some of the best bonuses and promotions out there and what some of the best offers look like.
Caesars 
| Bonus Offer Get Up To $1,250 in Bet Credits | Top Features A Wide Variety of Betting Options Generous Welcome Bonus Many Deposit Options | CLAIM OFFER |
DraftKings 
| Bonus Offer $1,000 Deposit Bonus | Top Features Great Live Betting Section Same-Game Parlays User-Friendly Interface | CLAIM OFFER |
FanDuel 
| Bonus Offer No Sweat First Bet up to $1,000 | Top Features Huge Betting Menu Quick Payouts Reliable Mobile App | CLAIM OFFER |
BetMGM Sportsbook
BetMGM Sportsbook is an operator that always takes care of its customers with fantastic promotions, and there is going to be a nice March Madness promo code available from the operator.
There is a standard offer from BetMGM Sportsbook that includes a risk-free bet worth up to $1,000. This is an offer that is only available to new customers, and it’s offered in all of the states where BetMGM Sportsbook is currently legal. If your first wager at BetMGM Sportsbook is unsuccessful, then you will receive free bets for the amount of your first wager.
That won’t be the only March Madness bonus offered from BetMGM Sportsbook, though, as this is an operator that loves to reward its top customers. You will want to check out the promotions tab every day before making a bet at BetMGM so that you don’t miss out on any of the offers.
Caesars Sportsbook
If you are simply looking for the March Madness bonus that is worth more upfront, then you need to check out Caesars Sportsbook. This operator is known for going above and beyond offers from other sites, and that is the case yet again.
Caesars Sportsbook has a risk-free bet like many of the other operators, but it is going to be worth $1,250 at the site. If you aren’t able to win your first bet at Caesars Sportsbook, then your account is going to be credited with a free bet for that amount.
Caesars Sportsbook is also going to have plenty of other March Madness promos available as it is known to have a wide selection of bonuses available at all times.

DraftKings Sportsbook
DraftKings Sportsbook is one of the biggest sports betting operators in the industry, and it is known for having an amazing mobile app. It’s a great place for making NCAA Tournament wagers, and you are going to see that there is a March Madness promo code available as well.
DraftKings Sportsbook has a 20% first deposit match up to $1,000 for all new customers that come to the site. That is a great opportunity to boost your account before even making a wager, and that extra money can be valuable as it will lead to more betting opportunities.
The bonuses don’t stop with the initial offer from DraftKings Sportsbook, though, and this is going to be a great option when betting on March Madness. You are going to see some parlay boosts or risk-free wagers from DraftKings Sportsbook, and you can be earning DK Dollars while making those bets.

FanDuel Sportsbook
FanDuel Sportsbook is the online sports betting leader in the United States, and there will be plenty of March Madness promotions available. The welcome bonus from FanDuel is a “No Sweat, First Bet”, and it’s basically a risk-free bet worth up to $1,000.
There is a 1X playthrough requirement with this welcome bonus from FanDuel Sportsbook, and the free bet is going to show up directly in your account if your first bet is not successful. This is only a small reason why FanDuel Sportsbook is a leader in the United States, and the bonuses aren’t going to stop there.
FanDuel has some of the best live betting options available, and you can also find plenty of same-game parlay betting opportunities. The welcome bonus can be used on any sporting event, but using it on March Madness is the way to go.

PointsBet Sportsbook
You may find the most March Madness promos at PointsBet Sportsbook, as this operator is always coming up with new options. PointsBet is an Australian-based sports betting operator, and it tends to do things a bit differently than some of the other big names in this industry.
The welcome bonus from PointsBet Sportsbook is terrific, as you will actually receive a pair of risk-free bets worth up to $2,000. You are going to get to make a fixed-odds wager and points betting wager risk-free from PointsBet Sportsbook.
PointsBet Sportsbook offers a risk-free bet worth up to $1,500 for the first points betting wager and a risk-free bet worth $500 for the first fixed odds wager. The points betting option is unique to PointsBet, and it’s a way to really cash in on just one single wager.
Basketball
March Madness Contenders
Best March Madness Betting Bonuses & Promos FAQ
What March Madness promotion is right for me?
The best March Madness promotion for you is the one that best fits your betting needs. That could come in the form of a risk-free bet, deposit match, or any of a number of different options. Keep your eyes open and you’ll find the right fit!
Are there conditions I should look for on March Madness promotions?
Yes, one of the most important conditions you should look for on March Madness promotions is the timing at which an offer expires. Failure to claim risk-free bets, deposit matches, or bet matches can cause them to expire.
How much money is gambled during March Madness?
According to the American Gaming Association, Americans will spend an estimated $10.3 billion betting on March Madness in 2023.
Want To Learn More?
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NCAA Bracket Contest Guide for 2023
How March Madness Live Betting Works