Best Betting Sites for March Madness Promo Codes (2023 NCAA Tournament)

As March Madness approaches, college basketball fans and sports bettors alike are gearing up for the excitement of the tournament. Sportsbooks are also getting in on the action by offering a variety of March Madness promos and bonuses for new customers who bet on the tournament. In this article, we’ll look at some of the top sign-up promos available for betting on the 2023 March Madness tournament.

Best Sportsbook Bonuses for March Madness Betting

With 68 teams competing over three weeks, the tournament offers countless opportunities to place bets and potentially win big. From bonus bets to matched deposits, these March Madness offers can provide a valuable boost to your betting bankroll and enhance your March Madness experience.

Bet365: Bet $1 and Get $365 in Bet Credits

Bet $1 on March Madness and Get $200 in Bet Credits!

*21+. Gambling problem? Call or text 1-800-GAMBLER or visit

This bet365 promo is the ultimate March Madness offer. As a leading global online gambling company, bet365 has a rich history of offering diverse betting options to its customers. This exclusive deal is open to new players registering in NJ, CO, OH, or VA. Claiming this bonus is a straightforward process.

  1. Click here and sign up for a new bet365 account.
  2. Deposit $10 or more.
  3. Place a wager of $1 or more on any market with maximum odds of -500.
  4. Get $365 in bet credits, win or lose!

DraftKings Sportsbook: Bet $5 and Get $200 in Bonus Bets

DraftKings Sportsbook has rolled out a limited-time offer to celebrate the opening weekend of March Madness. The terms of this one are straightforward as well. This offer will expire on March 19th, so don’t wait to claim it! The bonus amount will be lower after that date.

  1. Click here to sign up for a DraftKings Sportsbook account.
  2. Deposit $5+ into your Sportsbook account.
  3. Place a wager of $5+ on any market.
  4. Once it settles, you will receive $200 in bonus bets instantly and any cash winnings from your original wager.
  5. Bonus paid as eight (8) $25 Bonus Bets that expire 7 days (168 hours) after being awarded.

Players looking to take advantage of a Massachusetts sportsbook promo now that the state has legalized online betting can also take advantage of this offer, but your state has a unique sign-up page. Due to local betting regulations, this will be one of the few times you can bet on in-state college teams each year, so don’t miss this opportunity!

*Massachusetts Only: Claim Here

21+ MA only. Gambling problem? Confidential help is available by calling 1-800-327-5050 or visiting Talk to GameSense first! LiveChat @ or call 1-800-GAM-1234.

FanDuel Sportsbook: Bet $20 and Get $200 in Bonus Bets

FanDuel Sportsbook has also put out a limited-time March Madness promo. At FanDuel, you get 10x your first bet up to $200. So, to max this out, you’ll need to sign up and deposit $20 to get that $200 in bonus bets. Sign up before March 19th to claim this offer.

WynnBET: Bet $100 and Get $100 in Bet Credits (MA Only)

Bet $100 and Get $100 in Bet Credits from WynnBET!

If you or a loved one is experiencing problems with gambling, call (800)-327-5050 for 24/7 support. Terms and conditions at You must be 21 or older to participate. Get set before you bet – talk to GameSense first! LiveChat @ or call 1-800-GAM-1234.

Another offer to take advantage of if you’re in the newly-legal betting state of Massachusetts comes from WynnBET. Deposit $100 & Wager $100 on sports at odds of -120 or greater (ex. -110 and +110 would qualify, -150 would not). You’ll get $100 in bet credits when your qualifying wager settles.

Bettors in Massachusetts will especially appreciate the perks of playing at Wynn’s luxurious Encore Boston Harbor Casino. You can place a wager from 100+ sportsbook kiosks and soak up the gambling atmosphere in-person. WynnBET offers competitive odds and promotions, making it an attractive option for those looking to maximize their winnings. Additionally, the platform provides a user-friendly interface and a seamless betting experience, ensuring you can place bets quickly and easily.

Tipico Sportsbook: Deposit $10 and Get $50 in Bet Credits (OH Only)

The Ohio Tease: Deposit $10, Get $50
21+ and present in OH. Gambling Problem? Call or text 1-800-GAMBLER

Ohio is another state experiencing the thrill of betting on March Madness for the first time this year, and you get live early tournament games in your state! If you’ve already gone through some of the more popular betting sites and are looking for something new, this is the perfect time to give Tipico a shot. While they may be new to the U.S. market, they have been a leading bookmaker in Germany since 2004.

With just a $10 deposit, you can get $50 extra in bet credits. You may not find this exclusive offer featured on their site.

Some other notes worth knowing for this bonus:

  • Your bet credit will expire if not used within seven (7) days from the date of credit.
  • A bet credit is non-dividable and can only be applied to one (1) bet slip.

The Tipico sportsbook promo is also perfect for a March Madness test run. They also have a March Madness competition worth competing in below that could award you $100 in Bonus Bets weekly for a year! You must deposit at least $20 to qualify for this contest. See details below.

Tipico’s “Beat the Odds, Win the Dance”

This is a leaderboard contest for the 2023 NCAAM March Madness Tournament featuring a Grand Prize, Runner Up Prizes, and supplemental rewards for participants. You’ll get a $20 Protected Bet each week just for playing. If your first $20 wager on the tournament loses, you’ll get a bet credit in return up to $20.

Qualifying Wager: $20 or more on the Tournament.

Scoring: Score points for winning wagers.

  • If a wager has minus odds (-110), you score 20 points.
  • Wagers below (-200) earn 0 points.
  • If a wager has plus odds (+300), you score points equal to the odds (300).


  • Awarded to the top scorer for the entire contest.


  • Awarded to places 2-9 plus the top scorer from each state if they are not the Grand Prize winner.

Participation Schedule

  • March 14-15 (If placed qualifying wager on First Four)
  • March 16-29 (If placed qualifying wager on round of 64 and/or 32)
  • March 23-26 (If placed qualifying wager on Sweet 16 and/or Elite 8)
  • April 1 (If placed qualifying wager on Final Four)
  • April 3 (If placed qualifying wager on Championship game)

Top Performers by Round

The top 5 in each state earn a $100 bonus bet the morning following each round (Min. $500 in qualifying wagers in each round).

Stokastic+ Premium March Madness DFS Package

Not in a legal betting state? Get the most out of your March Madness DFS lineups this year with Stokastic’s premium March Madness tools and data for a one-time fee of $40.

What you get

  • CBB DFS Projections: Stokastic CBB DFS expert Matt Gajewski will update Stokastic’s premium projections well ahead of game start times.
  • CBB Player Usage Data Sheets: These data sheets break down how much any individual shoots, assists, rebounds, or turns the ball over. Use this to help you find valuable over/unders in the prop market.
  • Discord Q&A: Stokastic college basketball experts will be live on-hand in our premium Discord channels, answering questions and talking shop about all things NCAA basketball, for CBB DFS, college basketball betting, and NCAA Tournament bracket picks.

Prepare for March Madness Betting Round 1

Check out Ben Rasa and Matt Gajewski break down all the college basketball betting odds and give their favorite NCAAB predictions as they try to fill out the perfect 2023 NCAA Tournament Bracket on the OddsShopper YouTube Channel.

My name is John Ferguson. I am a partnerships manager at Stokastic and a sports betting and DFS industry analyst. My expertise in sports betting and DFS spans the last decade. I have had content featured in major publications like USA Today and Sports Illustrated. I have gained additional experience reviewing the best sportsbooks and DFS sites by working with leading sports media companies like OddsShopper, Sportsbook Review, Action Network, Establish the Run, FantasyPros, BettingPros, Gridiron Experts, and more. I have a passion for creating content that people can trust. If you have any questions about anything I have written, please contact me directly at [email protected].

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