Top March Madness Sportsbook Promos For The Round Of 32

Written By Road to CFB | Published at March 22, 2025

Have you recovered yet from the madness that is Days 1 and 2 of the NCAA Tournament? Don't worry, us neither. If you missed out on betting these wild days of college basketball, don't fret — US sportsbooks continue offering their best March Madness promos into the Round of 32. Just because Round 1 busted your bracket doesn't mean it also has to bust your involvement in tournament action. Let's explore what promos are still available this weekend.

Keep up with TheLines for complete coverage of college basketball odds from the First Four to the Final Four. And watch for college hoops expert Eli Hershkovich to drop his best bets for the Round of 32, Sweet 16, and beyond.

Best March Madness Sportsbook Promos

New bettors are eligible to receive thousands in bonus bets and promotional credit by signing up at these sportsbooks. Existing users should check for daily odds boosts, bet insurance tokens, and more for March Madness odds. We chose the following betting apps because they are legal in the US and reputable among bettors. We strongly recommend only betting at legal US sportsbooks, not just in March, but all year long.

Click PLAY NOW anywhere below to get started. Always read terms and conditions before opting in to a promotion. Scroll to the bottom for information on how to sign up at these books and claim their offers.

BetMGM March Madness Bonus Code THELINES: Get Up To $1,500

BetMGM offers the best sign-up offer for new bettors, as determined by our team of experts at TheLines. It provides a refund of up to $1,500 in bonus bets if your first bet loses. In March Madness, there's no better feeling than a second chance after being on the wrong side of a historic upset. Burned this year by laying the points with Clemson, just for them to score 13 first-half points? Fear no more — BetMGM provides bonus bets if your first wager faces the same upset.

Use the bonus code THELINES and opt in to this promo before making your initial deposit. Be sure to use those bonus bets within seven days of receiving them or they'll expire!

BetMGM Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Bet Now BetMGM Promo
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

Bet365 March Madness Bonus Code THELINES: Bettor's Choice!

Bet365 Sportsbook offers new users the choice between one of two promos:

These two promos work differently for different levels of bettors. Recreational bettors looking to bet $50 or less per play will see more value in the bet $5, get $150 promo. High-rolling bettors may see more value in having larger bets backed by the safety-net promo. The latter provides a refund in bonus bets if your first wager at bet365 loses, up to $1,000.

Use the bonus code THELINES to qualify for either promo and select carefully!

FanDuel Sportsbook March Madness Promo Code: Bet $5, Get $200

Bet just $5 at FanDuel Sportsbook and, if that bet wins, get $200 in bonus bets instantly! One of the country's largest sportsbooks is also one of the most reliable when it comes to great sign-up offers. No bonus code is necessary to opt in; simply click PLAY NOW below to get started. Be sure to note any odds minimums for your first bet before laying -425 with Auburn over Creighton in the Round of 32.

FanDuel New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days
Bet Now
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-HOPENY or text HOPENY (467369) (NY). 21+ (18+ DC, IA, KY, WV) only. New users only or text HOPENY (467369) (NY). Casino, First online real money wager only. $5 first deposit required. Min $5 wager required for 5 consecutive days. Bonus issued as non-withdrawable Bet Reset tokens. Refund from token issued as nonwithdrawable bonus bet that expire 7 days after receipt. Max refund $200 per day. Restrictions apply, including token expiration. See full terms at fanduel.com/sportsbook. Call 1-877-770-7867 (LA).

DraftKings Sportsbook March Madness Promo Code: Get Up To $1,250

DraftKings Sportsbook offers new users three layered promos in March, totaling up to $1,250:

DraftKings rewards new users $200 in bonus bets (offered in eight $25 bet increments) whether their first bet wins or loses. DK also offers a 20% deposit bonus on initial deposits — note: any previous users, even on DraftKings' DFS platform, are ineligible — awarded as bonus credit with a 25x playthrough requirement. Finally, get another $50 bonus bet with your deposit (min. $5).

Simply click PLAY NOW below to get started, no bonus code needed.

DraftKings New DraftKings Customers: Spend $5+ Get $200 in Bonuses Instantly!
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 7/19/26 at 11:59 PM ET. Sponsored by DK.

How to Claim March Madness Sportsbook Promos

To claim all of these bonuses, start by creating a free sportsbook account. Download each of the sportsbook apps from the App Store (iOS) or Google Play (Android). You will need to enter some personal information at sign-up like your legal name, address, birthdate, and the last four digits of your Social Security number to validate your identity and eligibility. Users usually must be 21 or older to participate (in most states; a few set the minimum at 18 years old).

When entering personal information, always use a password-protected wireless network.

Once you've signed up, opt into promos and make your first deposit. To avoid missing out, we strongly recommend navigating to the appropriate banners above and clicking PLAY NOW. Always opt in to sign-up promos before making your first deposit. Once you've done that, make your first deposit.

Sportsbooks accept a number of methods for deposit, including the following:

Once you've made your deposit, get in on the March Madness Round of 32 action, aided by these promos. Best of luck betting this weekend!