Thursday’s NCAA Tournament action delivered thrilling finishes, major upsets, and standout performances across the board, giving fans plenty to talk about, along with fresh opportunities tied to March Madness betting promos.
With Friday's slate featuring even more compelling matchups, including Kentucky vs. Santa Clara and several potential upset-watch games, now is the perfect time to explore the welcome bonuses available from top sportsbooks. These promotional offers provide excellent value for new users looking to get involved in tournament action.
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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 provides two distinct welcome offers depending on your location. The primary offer allows new users to claim up to $1,500 back in bonus bets if their first wager loses when using the BetMGM bonus code "COVERS". This substantial protection makes it an attractive option for larger initial wagers on tournament games.
In select states, including Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, new users can instead opt for a "Bet $10, Get $150" promotion using code "COVERSBONUS". This offer rewards winning first bets with $150 in bonus bets, providing immediate value for successful predictions.
- First bet protection up to $1,500 with code "COVERS" in most states
- Alternative $10 bet wins $150 offer with code "COVERSBONUS" in select states
- Bonus bets expire after seven days
- Minimum $10 deposit required
How to Claim the BetMGM Welcome Offer
Register for a new BetMGM account using the appropriate bonus code for your state. Make a minimum $10 deposit and place your first real money wager on any sports market. If using the first bet offer and your wager loses, you'll receive bonus bets equal to your stake up to $1,500. For the alternative offer, winning $10 bets receive $150 in bonus bets immediately.
Get 10 100% Boosts
Code: COVERSBONUSDYW
Caesars Sportsbook Profit Boost Promotion
Caesars offers new users an innovative welcome bonus that provides ongoing value through profit boost tokens. After placing a qualifying first bet of at least $1 using Caesars Sportsbook promo code "COVERSBONUSDYW", users receive 10 profit boost tokens that double winnings on future wagers.
Each boost token can be applied to wagers up to $25, effectively doubling any profits from those bets. This structure provides multiple opportunities to enhance returns throughout the tournament rather than a single large bonus.
- 10 profit boost tokens after first $1 wager
- Each token doubles profits on bets up to $25
- Qualifying wager must have odds of -500 or better
- Minimum $10 deposit required
How to Claim the Caesars Profit Boost Offer
Create a new Caesars account using promo code "COVERSBONUSDYW" and make a $10 minimum deposit. Place your first qualifying wager of at least $1 on any eligible market with odds of -500 or better. Regardless of the outcome, you'll receive 10 profit boost tokens to use on future wagers throughout the tournament.
Bet $10, Get $365, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
bet365 Sportsbook Bonus Bet Guarantee
bet365 provides new users with a guaranteed bonus regardless of their first bet outcome through their "Bet $10, Get $365" promotion. Using the bet365 bonus code "COVERS" in most states or "CVSBONUS" in select locations, users receive substantial bonus bets after their initial wager.
This offer stands out by providing the full bonus amount whether the first bet wins or loses, giving new users immediate additional betting power for tournament action.
- $365 in bonus bets guaranteed after a $10 first bet
- Bonus awarded regardless of the first bet outcome
- First bet must include a selection with odds of -500 or greater
- Bonus bets expire after seven days
How to Claim the bet365 Welcome Bonus
Register with bet365 using bonus code "COVERS" or "CVSBONUS" depending on your state. Make a qualifying deposit of at least $10 and place your first $10 wager on any market that includes at least one selection with odds of -500 or greater. You'll receive $365 in bonus bets within seven days, regardless of whether your first bet wins or loses.
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 Series
FanDuel offers new users an extended welcome experience through their 10-day No Sweat Token promotion. This unique approach provides daily opportunities for protected betting rather than a single large bonus, making it ideal for users who want consistent value throughout the tournament.
Each day for 10 consecutive days, users receive a No Sweat Token that can be applied to any wager up to $300. If the bet loses, FanDuel refunds the stake in bonus bets, providing daily protection for tournament wagering.
- One No Sweat Token daily for 10 days
- Up to $300 refund per token if the bet loses
- Tokens expire 24 hours after receipt
- Minimum $5 deposit required
- No FanDuel promo code needed
How to Claim FanDuel No Sweat Tokens
Download the FanDuel app and create a new account with a minimum $5 deposit. You'll automatically receive your first No Sweat Token, which can be applied to any wager. If your bet loses, you'll receive a bonus bet refund up to $300. This process repeats daily for 10 consecutive days, providing ongoing tournament betting opportunities.
Bet $5, Get $200 FanCash Instantly
Fanatics Sportsbook FanCash Promotions
Fanatics offers multiple welcome options based on your location, all centered on its FanCash rewards system. The primary offer gives new users $200 in FanCash immediately after placing a qualifying $5 bet, while alternative promotions provide extended value over multiple days.
In select states, users can choose between the instant $200 FanCash offer and a 10-day bet-matching program that provides up to $100 in FanCash daily. These flexible options allow users to select the structure that best fits their betting preferences.
- $200 FanCash immediately after $5 bet in most states
- Alternative 10-day bet matching up to $100 daily
- $400 FanCash over four days in select states
- FanCash expires seven days after issuance
- No Fanatics Sportsbook promo code required
How to Claim Fanatics FanCash Offers
Register for a new Fanatics account and complete identity verification. Toggle on the desired promotion in your bet slip and place a qualifying $5 wager with minimum odds of -500. With this instant offer, you'll receive $200 in FanCash immediately. For extended offers, repeat the process daily to maximize your FanCash earnings throughout the tournament.
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 Plus Tournament Boost
DraftKings combines immediate bonus bets with tournament-specific enhancements through their welcome package. New users receive $200 in bonus bets instantly after placing a $5 qualifying wager, plus a 100% profit boost token specifically for tournament winner futures bets.
This dual-benefit approach provides both immediate betting opportunities and enhanced value for long-term tournament predictions, making it particularly appealing during the tournament.
- $200 in bonus bets instantly after a $5 bet
- 100% profit boost for tournament winner futures
- Bonus bets expire after seven days
- No DraftKings promo code required
- Must select a token before placing a qualifying bet
How to Claim DraftKings Welcome Package
Create a new DraftKings account and make a minimum $5 deposit. Select the promotional token before placing your first $5 wager on any sports market. You'll receive eight $25 bonus bets instantly, plus a 100% profit boost token to use on tournament winner futures bets, providing both immediate and long-term betting value.
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