March Madness Betting Promos: Claim $10K+ in Bonuses for Round 2 of the NCAA Tournament on Sunday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 22, 2026 , 09:00 AM ET • 3 min read

Round 2 tournament action brings top sportsbook welcome bonuses. Claim BetMGM, Caesars, bet365, FanDuel, Fanatics and DraftKings promos today.

Photo By - Claim thousands in bonuses on by signing up today!

Sunday's continuation of the 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.

BetMGM Make a $1.5K First Bet Claim $1500 with code 'COVERS'
Caesars $250 Bet Match Claim 10 Boosts With COVERSBONUSDYW
bet365 Bet $10, Get $365 Get $365 Bonus Bets with code COVERS
FanDuel Get 10X $300 No Sweat Bet Tokens Claim Up To $3000 Bonus Bets
DraftKings Bet $5, Get $200 FanCash Claim $200 FanCash with your first $5 bet
DraftKings 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 for the tournament.

BetMGM Logo
Make A $1.5K First Bet
COVERS

BetMGM Sportsbook $1,500 First Bet Offer

New BetMGM customers can secure up to $1,500 in bonus bets with their first wager using the BetMGM bonus code COVERS. This welcome offer returns your stake in bonus bets if your initial wager loses, providing substantial protection for tournament betting. The promotion is available across most states where BetMGM operates, including Arizona, Colorado, Illinois and many others.

Key terms include a minimum $10 deposit requirement and seven-day expiration on bonus bets. Wagers over $50 receive five separate bonus bets worth 20% of the qualifying wager each. For example, a $1,500 losing bet would return five $300 bonus bets totaling the full $1,500 amount.

Select states including Colorado, Michigan, New Jersey, Pennsylvania and West Virginia can alternatively claim a "Bet $10, Get $150" promotion using code COVERSBONUS. This offer awards $150 in bonus bets when your initial $10 wager wins, distributed as three $50 bonus bets.

How to Claim BetMGM Sportsbook Offer

Register for a new BetMGM account using bonus code COVERS for the $1,500 offer or COVERSBONUS for the $150 promotion in eligible states. Complete identity verification and make a minimum $10 deposit. Place your qualifying wager on any sports market to activate the welcome bonus. Bonus bets expire seven days after issuance and cannot be withdrawn directly.

Get 10 100% Boosts
Code: COVERSBONUSDYW

Caesars Sportsbook Double Your Winnings Promotion

Caesars Sportsbook provides new users with 10 profit boost tokens after placing their first $1 wager using Caesars Sportsbook promo code COVERSBONUSDYW. Each 100% profit boost token doubles your winnings on wagers up to $25, creating significant value for tournament betting strategies. The promotion requires only a $1 qualifying bet to unlock all 10 boost tokens.

Important restrictions apply to qualifying wagers. Bets using existing bonus funds, profit boost tokens, or odds shorter than -500 do not qualify for the promotion. Super boosts and round robin wagers are also excluded from eligibility requirements.

How to Claim Caesars Sportsbook Offer

Create a new Caesars Sportsbook account using promo code COVERSBONUSDYW and complete the registration process. Make a minimum $10 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 your first bet outcome.

Bet365 Logo

Bet $10, Get $365, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)

bet365 Sportsbook $365 Bonus Bet Promotion

bet365 delivers $365 in bet credits to new customers who place a $10 qualifying wager using bet365 bonus code COVERS in most states. Colorado, Illinois, Missouri, New Jersey, Pennsylvania and Tennessee customers should use code CVSBONUS instead. This substantial welcome bonus provides extensive betting capital for tournament wagering across all available markets.

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 cannot be withdrawn as cash. Partial cash outs only count the remaining active portion toward bonus qualification.

How to Claim bet365 Sportsbook Offer

Register for a bet365 account using bonus code COVERS or CVSBONUS in specified states during the sign-up process. Make a minimum $10 qualifying deposit to activate the promotion. Place a $10 wager containing at least one selection with odds of -500 or greater within 30 days of registration. Receive $365 in bet credits after your qualifying wager settles.

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 10-Day No Sweat Token Offer

FanDuel provides new users with daily No Sweat Tokens for 10 consecutive days, each offering up to $300 in bonus bet protection. This FanDuel promo code promotion requires no bonus code and activates automatically after downloading the mobile app and making a $5 minimum deposit. Each token protects one daily wager with bonus bet refunds for losing bets.

No Sweat Tokens expire 24 hours after receipt, requiring daily usage to maximize the promotion value. Bonus bet refunds are credited within 72 hours of bet settlement and expire seven days after issuance. The mobile app download is mandatory for claiming this welcome offer.

How to Claim FanDuel Sportsbook Offer

Download the FanDuel Sportsbook mobile app and create a new account through the application. Complete the registration process and make a minimum $5 deposit. Receive one No Sweat Token daily for 10 days starting immediately after account creation. Apply tokens to any wager and receive bonus bet refunds up to $300 if the bet loses.

DraftKings

Bet $5, Get $200 FanCash Instantly

Fanatics Sportsbook Instant FanCash Promotion

Fanatics Sportsbook offers multiple welcome promotions depending on your location. Most states receive $200 in FanCash immediately after placing a $5 qualifying bet, while North Carolina and Tennessee customers can claim $400 in FanCash distributed over four days. The Fanatics Sportsbook promo requires no bonus code and activates through the bet slip toggle feature.

Alternative promotions include a 10-day bet match offer providing up to $100 daily in FanCash for consecutive betting activity. All FanCash promotions require minimum odds of -500 and expire seven days after issuance. Users must toggle on promotions in their bet slip before placing qualifying wagers.

How to Claim Fanatics Sportsbook Offer

Register for a new Fanatics Sportsbook account and complete identity verification requirements. Toggle on your preferred promotion in the bet slip interface before placing wagers. Make a qualifying $5 bet with minimum odds of -500 within seven days of account opening. Receive FanCash according to your selected promotion terms and state availability.

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 $200 Instant Bonus Plus Tournament Boost

DraftKings provides $200 in bonus bets instantly after placing a $5 qualifying wager, plus a 100% profit boost token for tournament winner futures betting. This DraftKings promo code promotion requires no bonus code and delivers eight $25 bonus bets within 72 hours of bet placement. The additional profit boost doubles winnings on tournament championship futures.

Bonus bets expire seven days after issuance and exclude the stake amount from any winnings. The tournament profit boost applies specifically to futures bets on the eventual tournament champion and provides 100% profit enhancement on winning wagers.

How to Claim DraftKings Sportsbook Offer

Create a new DraftKings Sportsbook account and complete the registration process in eligible states. Make a minimum $5 deposit to fund your account. Select the promotion token before placing your first $5 qualifying bet on any sports market. Receive $200 in bonus bets instantly plus a 100% profit boost for tournament futures betting.


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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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