The 2026 NCAA tournament begins this week, with March Madness betting promos available from leading sportsbooks. Duke enters as the No. 1 overall seed after a dominant 32-2 season, joined by fellow top seeds Arizona, Michigan, and Florida as championship favorites. With the First Four tipping off March 17-18 in Dayton and the Round of 64 following March 19-20, bettors can capitalize on welcome bonuses and promotional offers to enhance their tournament wagering experience.
Top Sportsbook Welcome Bonuses for the NCAA Tournament
Multiple sportsbook promos are available for new users looking to bet on the tournament action. The 68-team field presents numerous betting opportunities, from upset specials like 10-seed Texas A&M facing 7-seed Saint Mary's to potential Cinderella runs from mid-major programs. Each sportsbook offers distinct terms and claiming procedures for its promotional bonuses.
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Make a $1.5K First Bet | Claim $1500 with code 'COVERS' |
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$250 Bet Match | Claim 10 Boosts With COVERSBONUSDYW |
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Bet $10, Get $365 | Get $365 Bonus Bets with code COVERS |
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Get 10X $300 No Sweat Bet Tokens | Claim Up To $3000 Bonus Bets |
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Bet $5, Get $200 FanCash | Claim $200 FanCash with your first $5 bet |
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Bet $5, Get $300 If It Wins | Bet $5 Get $300 |
Best Sportsbook Welcome Offers for the NCAA Tournament
Multiple sportsbook promos are available for new users looking to bet on the NCAA tournament. These offers range from bonus bets to profit boosts, giving bettors various ways to enhance their tournament wagering experience. Many sportsbooks also feature March Madness bracket contests with substantial prize pools.
COVERS
BetMGM Sportsbook First Bet Offer Up to $1,500
New BetMGM customers can claim up to $1,500 in bonus bets with their first wager using the BetMGM bonus code COVERS. If your initial bet loses, BetMGM returns your stake in bonus bets up to the maximum amount. For wagers over $50, the operator awards five bonus bets worth 20% of your qualifying wager each. Wagers under $50 receive one bonus bet equal to the stake amount. All bonus bets expire seven days after issuance and cannot be withdrawn directly.
In select states, including Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, new users can opt for an alternative offer using code COVERSBONUS. This promotion awards $150 in bonus bets when your first $10 wager wins, issued as three $50 bonus bets that expire after seven days.
How to Claim the BetMGM Welcome Bonus
Register for a new BetMGM account using the appropriate bonus code for your state. Make a minimum deposit of $10 to activate your account. Place your first real money wager on any sports market to trigger the bonus. If using the first bet offer, losing wagers receive bonus bet refunds up to $1,500. Winning first bets in eligible states with the alternative offer, receive $150 in bonus bets immediately.
Get 10 100% Boosts
Code: COVERSBONUSDYW
Caesars Sportsbook Profit Boost Token Promotion
Caesars Sportsbook provides new customers with 10 profit boost tokens after placing their first qualifying wager of at least $1. Each Caesars Sportsbook promo code COVERSBONUSDYW unlocks these 100% profit boost tokens that double your winnings on eligible bets. The tokens apply to wagers up to $25 each and cannot be used on certain bet types, including Super Boosts, Round Robin wagers, or bets with odds shorter than -500.
The qualifying first wager must be placed within 30 days of account opening through the mobile app or desktop site. Wagers using bonus funds, reward credits, or existing profit boost tokens do not qualify for this promotion. Each profit boost token expires according to the terms displayed in your account.
How to Claim Caesars Profit Boost Tokens
Create a new Caesars Sportsbook account using promo code "COVERSBONUSDYW" during registration. Complete the identity verification process and make a minimum deposit of $10. Place a qualifying wager of at least $1 on any eligible sports market within 30 days. Receive 10 profit boost tokens regardless of your first bet outcome, each applicable to future wagers up to $25.
Bet $10, Get $365, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
bet365 Sportsbook $365 Bonus Bet Promotion
New bet365 customers receive $365 in bet credits after placing a qualifying $10 wager, win or lose. Use bet365 bonus code COVERS in most states, or CVSBONUS in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee. The qualifying bet must include at least one selection with odds of -500 or greater and settle within seven days of claiming the offer.
Bet credits expire seven days after issuance and can be used on any sports market. The minimum qualifying deposit is $10, and you must claim this offer within 30 days of registration. Partial cash-outs only count the remaining active portion toward releasing bet credits.
How to Claim bet365 Bonus Bet Credits
Register for a bet365 account using the appropriate bonus code for your state during sign-up. Make a qualifying deposit of at least $10 to activate the promotion. Place a $10 wager containing at least one selection with odds of -500 or greater within 30 days of account opening. Receive $365 in bet credits within 72 hours of bet settlement, regardless of the outcome.
Up to $3,000 In Bonus Bets
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21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).
FanDuel Sportsbook No Sweat Token Daily Promotion
FanDuel offers new customers one No Sweat Token daily for 10 consecutive days, each providing up to $300 in bonus bet protection. No FanDuel promo code is required for this welcome bonus. Each token must be toggled on before placing your wager and expires 24 hours after receipt. If your bet loses, FanDuel refunds your stake up to $300 in bonus bets within 72 hours.
The mobile app is required to claim this promotion, and a minimum $5 deposit is required. Bonus bet refunds expire seven days after issuance and cannot be withdrawn directly. You must use the FanDuel app to activate each daily No Sweat Token.
How to Claim FanDuel No Sweat Tokens
Download the FanDuel Sportsbook mobile app and create a new account. Make a minimum deposit of $5 to qualify for the welcome bonus. Receive one No Sweat Token daily for 10 days starting from account creation. Toggle on each token before placing your wager to activate the protection. Losing bets receive bonus bet refunds up to $300 per token used.
Bet $5, Get $200 FanCash Instantly
Fanatics Sportsbook FanCash Welcome Offers
Fanatics Sportsbook provides multiple welcome bonuses depending on your state. Most new customers can bet $5 and receive $200 in FanCash immediately after their qualifying wager settles. In North Carolina and Tennessee, the offer increases to $400 in FanCash, distributed at $100 per day for four consecutive days. No Fanatics Sportsbook promo code is required for either promotion.
The qualifying bet must have minimum odds of -500 and be placed within seven days of account opening. FanCash is non-withdrawable promotional currency that expires seven days from issuance in most states, or 24 hours in North Carolina and Tennessee. An alternative 10-day bet match offer provides up to $100 in FanCash per day for consecutive betting days.
How to Claim Fanatics FanCash Bonus
Register for a new Fanatics Sportsbook account and complete identity verification. Toggle on the promotion in your bet slip before placing your qualifying wager. Bet at least $5 on any market with odds of -500 or greater within seven days of registration. Receive your FanCash bonus immediately after bet settlement, with amounts varying by state and specific promotion selected.
Bet $5, Get $200 Instantly
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit http://gamblinghelplinema.org/ (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org/ (CT), or visit http://www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 2/22/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: http://sportsbook.draftkings.com/promos . Ends 2/15/26 at 11:59 PM ET. Sponsored by DK.
DraftKings Sportsbook Instant Bonus Bets Plus Tournament Boost
DraftKings awards new customers $200 in bonus bets instantly after placing their first $5 wager, plus a 100% profit boost token for NCAA tournament winner futures bets. No DraftKings promo code is required, but you must select the promotional token before placing your qualifying bet. The bonus comes as eight $25 bonus bets that expire seven days after issuance.
The tournament profit boost doubles your potential winnings on futures bets for the NCAA championship winner. Both the instant bonus bets and profit boost token are awarded regardless of your first bet outcome. Bonus bet stakes are not included in any winnings and must meet a 1x wagering requirement.
How to Claim DraftKings Welcome Bonus
Download the DraftKings Sportsbook app and create a new account with your personal information. Make a minimum $5 deposit to activate your account for betting. Select the promotional token before placing your first $5 wager on any sports market. Receive $200 in bonus bets instantly, plus the tournament profit boost token for championship futures betting.
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