Saturday's round of 32 brings the most anticipated day of tournament basketball, with heavyweight matchups and potential upsets defining the path to the second weekend. With March Madness betting promos available from leading sportsbooks, new users can claim substantial welcome bonuses to enhance their tournament wagering experience. These promotional offers provide excellent value for bettors looking to capitalize on the increased competition and higher stakes that define this crucial round.
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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.
COVERS
BetMGM Sportsbook First Bet Protection
BetMGM offers new users a substantial first bet protection bonus worth up to $1,500. Using the BetMGM bonus code "COVERS," new customers receive their stake back in bonus bets if their first wager loses. This offer is available in most states where BetMGM operates, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.
The bonus structure varies based on wager amount. For bets over $50, BetMGM awards five separate bonus bets, each worth 20% of the qualifying wager. For example, a $1,500 losing bet would result in five $300 bonus bets. Wagers under $50 receive one bonus bet equal to the stake amount. All bonus bets expire after seven days from issuance.
In select states, including Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia, BetMGM offers an alternative promotion using the bonus code "COVERSBONUS." This offer provides $150 in bonus bets when a minimum $10 first bet wins, issued as three $50 bonus bets that expire in seven days.
How to Claim BetMGM Sportsbook Offer
Register for a new BetMGM account using bonus code "COVERS" for the first bet protection or "COVERSBONUS" for the win-and-get offer in eligible states. Complete identity verification with your driver's license and personal information. Make a minimum deposit of $10 to activate your account. Place your qualifying first bet on any sports market to trigger the welcome bonus. If using the first bet protection, losing wagers receive bonus bets up to $1,500. For the win-and-get offer, winning $10 bets receives $150 in bonus bets.
Get 10 100% Boosts
Code: COVERSBONUSDYW
Caesars Sportsbook Profit Boost Tokens
Caesars Sportsbook provides new users with 10 profit boost tokens after placing their first qualifying wager. Using Caesars Sportsbook promo code "COVERSBONUSDYW," customers receive these valuable tokens that double winnings on eligible bets. Each boost token applies to wagers up to $25, effectively providing 100% profit enhancement on qualifying bets.
The qualifying first wager must be at least $1 and cannot include certain bet types. Excluded wagers include those using existing profit boost tokens, reward credits, bonus bets, super boosts, round robin wagers, or bets with odds shorter than -500. The profit boost tokens provide significant value for tournament betting, allowing users to maximize returns on carefully selected wagers.
How to Claim Caesars Sportsbook Offer
Create a new Caesars Sportsbook account using promo code "COVERSBONUSDYW" during registration. Provide required personal information, including date of birth, email address, and residential address. Make a minimum $10 initial deposit to fund your account. Place a qualifying wager of at least $1 on any eligible sports market within 30 days of account opening. Receive 10 profit boost tokens regardless of the outcome of your first bet, each applicable to wagers up to $25.
Bet $10, Get $365, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
bet365 Sportsbook Bonus Bet Credits
bet365 Sportsbook offers new users $365 in bet credits after placing a qualifying $10 wager. The bet365 bonus code varies by state, with "COVERS" used in most locations and "CVSBONUS" required in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee. This substantial bonus provides excellent value for tournament wagering across multiple days of action.
The qualifying wager must include at least one selection with odds of -500 or greater and must be placed within 30 days of account activation. Bet credits expire seven days after issuance and can be used on any sports market. The offer is available to users of legal gambling age in Arizona, Colorado, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Missouri, North Carolina, New Jersey, Ohio, Pennsylvania, Tennessee, and Virginia.
How to Claim bet365 Sportsbook Offer
Register for a bet365 account using bonus code "COVERS" in most states or "CVSBONUS" in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee. Complete the registration process by providing the required personal information and completing identity verification. Make a minimum qualifying deposit of $10 to activate the welcome bonus. Place a $10 wager within 30 days that includes at least one selection with odds of -500 or greater. Receive $365 in bet credits after your qualifying wager settles, valid for seven days.
Up to $3,000 In Bonus Bets
Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
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 Tokens
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, which provides substantial value throughout the tournament's duration. Users receive one token daily for 10 days, allowing strategic use across multiple rounds of tournament action.
Each No Sweat Token can be applied to any wager and provides a refund up to $300 if the bet loses. Refunds are issued as non-withdrawable bonus bets that expire seven days after receipt. The tokens themselves expire 24 hours after issuance, so daily engagement is required to maximize the offer's value. Users must download the FanDuel mobile app to claim and use the welcome bonus.
How to Claim FanDuel Sportsbook Offer
Download the FanDuel Sportsbook mobile app and create a new account with the required personal information, including date of birth and mailing address. Make a minimum deposit of $5 to activate your account. Receive one No Sweat Token daily for 10 consecutive days starting after account creation. Apply tokens to any wager by toggling the feature in your bet slip before placing the bet. If your token-protected bet loses, receive a bonus bet refund up to $300 within 72 hours of settlement.
Bet $5, Get $200 FanCash Instantly
Fanatics Sportsbook FanCash Rewards
Fanatics Sportsbook offers multiple welcome promotions for new users, with the primary offer providing $200 in FanCash immediately after placing a qualifying $5 wager. No Fanatics Sportsbook promo code is required for this promotion, which is available in most states where the operator is licensed. The FanCash reward system provides additional value through the operator's broader ecosystem of sports merchandise and experiences.
The qualifying wager must be at least $5 with minimum odds of -500 and must be placed within seven days of account opening. Users must toggle on the promotion in their bet slip before placing the qualifying wager. FanCash expires seven days from issuance and is subject to additional terms available in the sportsbook app. Alternative offers include a 10-day bet-match promotion worth up to $100 per day and enhanced FanCash rewards in select states.
How to Claim Fanatics Sportsbook Offer
Create a new Fanatics Sportsbook account through their website or mobile app, providing full name, mailing address, email, date of birth, and the last four digits of your Social Security number. Complete email authentication to activate your account. Toggle on the promotion in your bet slip and place a qualifying wager of at least $5 with minimum odds of -500 within seven days of account opening. Receive $200 in FanCash once your qualifying wager settles, valid for seven days from issuance.
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
DraftKings Sportsbook provides new users with $200 in bonus bets instantly after placing a qualifying $5 wager, plus a 100% profit boost token for tournament futures betting. No DraftKings promo code is required for this welcome offer, which delivers immediate value for tournament wagering. The bonus structure provides both instant gratification and long-term betting opportunities through the futures boost.
The $200 bonus is issued as eight separate $25 bonus bets, delivered instantly or within 72 hours if there are technical difficulties. Bonus bets expire seven days from issuance and do not include the stake amount in any winnings. The 100% profit boost token applies specifically to futures bets on the tournament winner, doubling potential profits on championship wagers.
How to Claim DraftKings Sportsbook Offer
Download the DraftKings Sportsbook app and register for a new account with the required personal information and identity verification. Make a minimum deposit of $5 to fund your account. Select the promotional token before placing your qualifying $5 bet on any sports market. Receive eight $25 bonus bets instantly, plus keep any winnings from your qualifying wager. Use the 100% profit boost token on a tournament winner futures bet to double potential profits on your championship selection.
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