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PointsBet March Madness Promo: Up to $2,100 in Risk-Free Bets and Free Bets

With the National Championship Game set to tip tonight, PointsBet is offering new customers a March Madness promo of up to $2,000 in risk-free bets and an additional $100 in free bets.

Last Updated: Apr 4, 2022 11:18 AM ET Read Time: 4 min
Mar 14, 2022; Dayton, OH, USA; General view of the March Madness logo during practice the day before the start of the First Four of the 2022 NCAA Tournament at UD Arena.
Photo By - Rick Osentoski-USA TODAY Sports

The PointsBet March Madness promo seemingly seeks to offer new sports bettors as many bonuses as tournament games.

First-time customers can not only obtain the standard PointsBet sign-up bonus that includes both a $500 risk-free bet and a $1,500 PointsBetting wager, but they can also grab an extra $100 in free bets.

Keep reading to discover how to claim up to $2,000 in risk-free bets and $100 in free bets with this special PointsBet promo.

How to claim up to $2,100 in risk-free bets and free bets from PointsBet Sportsbook

First-time sports bettors can claim the PointsBet March Madness promo here unless you live in New York, Pennsylvania, or Iowa. Once you’ve registered for your PointsBet Sportsbook account and confirmed your location and identity, you’ll be ready to place your qualifying bets.

Here are the details concerning the $2,000 in risk-free bets portion of the PointsBet March Madness offer for new customers:

  • Every new PointsBet customer is eligible for up to $2,000 in risk-free bets so long as they live in a state where the sportsbook is legal. There is no PointsBet promo code required to claim this offer.

  • You are eligible for one $500 risk-free bet — tied to fixed odds — and one $1,500 PointsBetting risk-free bet.

  • If your first fixed odds bet loses, PointsBet Sportsbook will refund your account up to $500 in free bets. If your first PointsBetting wager fails — much more high-risk than a typical bet — up to $1,500 will be returned to you in free bets.

  • Free bets cannot be withdrawn as real cash or transferred. They must be used on further wagers with the sportsbook.

  • Your free bets will appear in your PointsBet Sportsbook account within 24 hours of your losing bet settling.

And this is all you need to know about the $100 in free bets from PointsBet during March Madness:

  • The $100 in live free bets part of the PointsBet March Madness promo will run through the Final Four.

  • The $100 PointsBet promo is running in every state the operator is live in except New York, Pennsylvania, and Iowa. There is no PointsBet promo code needed to claim this offer, either.

  • You will need to place a $50 pre-game wager on any matchup of your choosing for each round of March Madness — from the first round through the Final Four — to qualify. Once your game begins, you will receive $20 in free bets to wager as the action unfolds.

  • The qualifying $50 wagers must have minimum odds of -200 or longer.

  • Again, free bets cannot be withdrawn as cash or transferred, and must be used on other bets.

  • Any winnings you garner will arrive in your PointsBet account within 24 hours of your bet settling.

  • Each $20 live free bet provided must be used over the course of the game you have chosen. If you do not use it by the time the final buzzer sounds, the free bet will expire.

There’s a lot of information to absorb with the PointsBet March Madness promo alone, and so it would behoove bettors to learn more about the sportsbook itself before completely diving in. You can read our in-depth PointsBet review here to get started.


What is PointsBetting?

You may already have a strong understanding of what risk-free bets and free bets are  if you don’t, check out our most common sportsbook sign-up bonuses guide for more information  but PointsBetting is substantially less conventional since it is a bet type unique to PointsBet.

PointsBetting is a form of wagering that involves high-risk and high reward. Betting this way could fill up your bankroll quickly or cost you more depending on the margin of victory.

You can jump to our What is PointsBetting page to learn more about PointsBet Sportsbook’s distinctive method for wagering on sports.

Which states have access to the PointsBet March Madness promo?

PointsBet is active in 10 states. However, of these, only seven are eligible for the sportsbook's March Madness promo — New York, Pennsylvania, and Iowa are excluded, but new bettors located in these states can still get the regular sign-up bonus. You will need to be at least 21 years of age no matter where you are to wager with PointsBet. Here is the full list of where the operator is authorized and regulated:

*Do not permit betting on in-state collegiate teams
**Not eligible for PointsBet March Madness promo
***Do not permit betting on in-state collegiate teams and are not eligible for PointsBet March Madness promo

Other March Madness sportsbook bonuses

For now, PointsBet’s March Madness promo is one of only a few sign-up bonuses being offered by sportsbooks exclusively for the Big Dance. However, other big-name operators such as DraftKings  are certain to come knocking with welcome offers of their own in the near future.

The PointsBet promo tops our list for now, with the FanDuel March Madness promo  one of the most popular and best March Madness betting sites bringing up the rear with a $150 in site credit offer. The BetMGM March Madness promo slots in between with its bet $10, win $200 bonus.

Here’s where we’ll showcase the best March Madness betting promos available for prospective bettors. Return to this page for consistent updates:


Up to $2,100 in risk-free and free bets

No code required


Bet $10, win $200 in free bets

No code required


Bet $5, Win $150 in site credit

No code required


Bet $5, win $200 in free bets

No code required

When does March Madness start?

March Madness is currently coming down to the wire, with the National Championship Game slated to begin tonight, April 4, 2022. To keep up with all the action as you look to claim the best March Madness bonuses, you can download a printable NCAA bracket here.

PointsBet March Madness FAQs

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