The NCAA Tournament Round 1 tips off today with 16 games of wall-to-wall action, and the best March Madness betting promos are available to enhance your tournament experience. Top sportsbooks are offering substantial welcome bonuses for new users looking to capitalize on opening-day chaos. With powerhouse programs like Duke and Arizona favored, along with potential upsets from mid-major schools, these promotional offers provide excellent value for tournament betting.
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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 Offers
BetMGM Sportsbook offers two distinct welcome bonuses depending on your location. The primary offer provides up to $1,500 back in bonus bets if your first wager loses, while select states receive a "Bet $10, Get $150" promotion for winning first bets. Both promotions require the appropriate BetMGM bonus code during registration.
The $1,500 first bet offer uses the bonus code "COVERS" and returns your stake in bonus bets if your initial wager loses. For wagers over $50, BetMGM issues five separate bonus bets worth 20% of your qualifying wager each. The alternative offer in Colorado, Michigan, New Jersey, Pennsylvania and West Virginia uses code "COVERSBONUS" and awards $150 in bonus bets when your $10 first bet wins.
Key terms include a minimum $10 deposit requirement and a seven-day expiration on all bonus bets. The first bet must settle within 30 days of account opening to qualify for either promotion.
How to Claim BetMGM Sportsbook Offers
Register for a new BetMGM account using the appropriate bonus code for your state. Make a minimum $10 deposit and place your qualifying first bet on any sports market. If claiming the $1,500 offer, you'll receive bonus bets back if your wager loses. For the $150 offer in eligible states, your bonus bets arrive when your $10 bet wins. All bonus bets expire seven days after issuance and cannot be withdrawn directly.
Get 10 100% Boosts
Code: COVERSBONUSDYW
Caesars Sportsbook Profit Boost Promotion
Caesars Sportsbook provides new users with 10 profit boost tokens after placing their first qualifying wager. The Caesars Sportsbook promo code "COVERSBONUSDYW" unlocks this welcome offer, which doubles your winnings on up to 10 future bets. Each boost token applies to wagers of $25 or less and provides 100% profit enhancement.
Your first bet must be at least $1 with odds of -500 or better to qualify for the promotion. Excluded wagers include those using existing bonus funds, super boosts, round robins, or any bet with odds shorter than -500. The profit boost tokens have no expiration date once earned, making them valuable for extended tournament betting.
This promotion requires a minimum $10 deposit and must be claimed within 30 days of account registration. The qualifying first bet must be placed through the mobile app or desktop site to trigger the bonus tokens.
How to Claim Caesars Sportsbook Profit Boosts
Create your Caesars Sportsbook account using promo code "COVERSBONUSDYW" during registration. Deposit at least $10 into your new account and place a qualifying first bet of $1 or more with odds of -500 or better. Once your bet settles, Caesars will credit your account with 10 profit boost tokens that can be applied to future wagers of $25 or less for doubled winnings.
Bet $10, Get $365, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
bet365 Sportsbook Bonus Bet Offer
bet365 Sportsbook awards $365 in bonus bets to new customers who place a qualifying $10 first wager. The bet365 bonus code varies by state, with "COVERS" required in most locations and "CVSBONUS" needed in Colorado, Illinois, Missouri, New Jersey, Pennsylvania and Tennessee. This promotion provides bonus bets regardless of your first bet's outcome.
Your qualifying wager must include at least one selection with odds of -500 or greater and settle within seven days of claiming the offer. The $365 in bet credits arrives after your first bet settles and expires seven days from issuance. These bonus bets can be used on any sports market available on the platform.
Additional terms require a minimum $10 qualifying deposit and account registration within 30 days of the promotion claim. Partial cash-out bets only count the remaining active portion toward bonus qualification.
How to Claim bet365 Sportsbook Bonus Bets
Register for bet365 using the appropriate bonus code for your state during the sign-up process. Make a qualifying deposit of at least $10 and place your first $10 wager on any market with odds of -500 or greater. After your bet settles, bet365 will credit your account with $365 in bonus bets that expire seven days from issuance and can be used on any available sports market.
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 Promotion
FanDuel Sportsbook provides new users with 10 consecutive days of No Sweat Tokens, each offering up to $300 in bonus bet protection. No FanDuel promo code is required for this welcome offer, but you must download the mobile app to participate. Each daily token protects one wager up to $300, returning your stake in bonus bets if the bet loses.
The promotion begins immediately after your first deposit of at least $5 and continues for 10 consecutive days. Each No Sweat Token expires 24 hours after receipt, so daily participation is essential to maximize the offer. Bonus bet refunds arrive within 72 hours of losing bet settlement and expire seven days after issuance.
This offer provides up to $3,000 in total bonus bet protection across the 10-day period. The tokens can be applied to any sports market available on FanDuel Sportsbook, making them ideal for tournament betting strategies.
How to Claim FanDuel Sportsbook No Sweat Tokens
Download the FanDuel Sportsbook mobile app and create your new account without needing a promo code. Make a minimum $5 deposit to activate the promotion and receive your first No Sweat Token. Apply the token to any wager and if it loses, you'll receive bonus bets equal to your stake up to $300. Repeat this process daily for 10 consecutive days to maximize your bonus bet protection.
Bet $5, Get $200 FanCash Instantly
Fanatics Sportsbook FanCash Promotions
Fanatics Sportsbook offers multiple welcome promotions featuring FanCash rewards for new users. The primary offer provides $200 in FanCash immediately after placing a qualifying $5 bet, while an alternative 10-day bet match promotion awards up to $100 daily in FanCash. No Fanatics Sportsbook promo code is required for either offer.
The instant $200 FanCash promotion requires a $5 wager on any market with minimum odds of -500 and must be toggled on in your bet slip. The bet match alternative awards FanCash equal to your first daily wager up to $100 for 10 consecutive days, requiring minimum odds of -200 and daily participation to avoid forfeiture.
FanCash expires seven days from issuance for the instant offer and 24 hours for the daily match promotion. Both offers are available to new customers who complete identity verification and make qualifying wagers within seven days of account opening.
How to Claim Fanatics Sportsbook FanCash
Create your Fanatics Sportsbook account via the mobile app or website, then complete identity verification. For the instant offer, toggle on the promotion in your bet slip and place a $5 wager with odds of -500 or better to receive $200 in FanCash immediately. For the bet match offer, wager at least $1 daily with odds of -200 or longer for 10 consecutive days to earn up to $100 in FanCash each day.
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 Bonus Bet and Tournament Boost
DraftKings Sportsbook combines instant bonus bets with a tournament-specific profit boost for new users. The welcome offer provides $200 in bonus bets immediately after placing a qualifying $5 first wager, plus a 100% profit boost token for NCAA Tournament winner futures bets. No DraftKings promo code is required to claim this dual promotion.
The $200 bonus arrives as eight separate $25 bonus bets within 72 hours of your first bet settlement. These bonus bets expire seven days from issuance and the stake amount is not included in any winnings. The tournament profit boost doubles your potential winnings on futures bets for the NCAA Tournament champion.
You must select the promotional token before placing your minimum $5 qualifying bet to activate both components of the offer. A minimum $5 deposit is required along with account registration and identity verification to participate in the promotion.
How to Claim DraftKings Sportsbook Bonus Bets
Register for DraftKings Sportsbook and complete the identity verification process without needing a promo code. Make a minimum $5 deposit and select the promotional token before placing your qualifying $5 first bet on any sports market. You'll receive eight $25 bonus bets within 72 hours, plus a 100% profit boost token for NCAA Tournament winner futures bets that doubles your potential winnings.
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