Best Best March Madness Promos For Sweet 16

Written By Road to CFB | Published at March 26, 2025
March Madness promos

The NCAA Tournament marches into the regional semifinals, the Sweet 16. Although we've had a distinct lack of big upsets or Cinderellas this year, we're in store for some fascinating basketball. For this week's action, US sportsbooks have some truly sweet March Madness promos and bonuses for new users, including up to $3,950 in bonuses!

Keep up with TheLines for complete coverage of college basketball odds from the First Four to the Final Four. Watch for college hoops expert Eli Hershkovich to drop his best bets for the Sweet 16, Elite 8, and beyond.

Best March Madness Sportsbook Promos

New bettors can receive these bonuses by signing up at the following 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 various US states and reputable among bettors. We strongly recommend only betting at legal US sportsbooks.

Click PLAY NOW anywhere below to get started. Read the terms and conditions before opting for any promotions. Scroll to the bottom for information on how to sign up for these books and claim their offers.

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

Our experts at TheLines have determined that BetMGM offers the best sign-up promo for new bettors. It provides a refund of up to $1,500 in bonus bets should your first bet lose. There's no better feeling in March Madness than a second chance after being on the wrong side of a historic upset. Burned by an early St. John's exit this tournament? With this bet insurance promo, you don't have to fret watching another favorite fall in the Sweet 16.

Opt into this promo with code THELINES 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 two promos:

These two promos work differently for different levels of play. Recreational bettors looking to bet $50 or less per play will see more value in the bet $5, get $150 promo. High-bankroll 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.

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

Bet just $5 at FanDuel Sportsbook, and if your bet wins, get $200 in bonus bets! One of the country's largest sportsbooks is also one of the most reliable for great sign-up offers. You don't need a bonus code for this one; click PLAY NOW below to get started. Be sure to note any odds minimums for your first bet before laying -420 with Duke over Arizona in the Sweet 16.

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 $1,250:

DraftKings provides new users $200 in bonus bets (in eight $25 bet increments) regardless of whether their first bet wins or loses. DK also offers a 20% first deposit bonus, which it awards as credit with a 25x playthrough requirement. Finally, get another $50 bonus bet with your deposit (min. $5). Note: any previous users, even on DraftKings' DFS platform, are ineligible

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 these bonuses, create a free account at your desired sportsbook. Download their apps from the App Store (iOS) or Google Play (Android). At sign-up, you will need to enter some personal information like your name, street address, birth date, and the last four digits of your Social Security number to validate your identity and eligibility. Users 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 internet connection.

Once you've signed up, opt into the promos and make your first deposit. We strongly recommend navigating to the appropriate banners above and clicking PLAY NOW to make things easy. Always opt in to sign-up promos before making your first deposit.

Sportsbooks accept several deposit methods, often including the following:

Once you've made your deposit, you can join the March Madness Sweet 16 action, aided by these promos.

Sweet 16 Best Bet

Looking for a first bet at these books but don't know where to start?

I'm taking the points with the Michigan Wolverines +8.5 (-102) against Auburn this Friday. Michigan entered the tournament off a Big Ten Championship win and was seriously under-seeded (likely a product of the bracket being set before Sunday's title games wrapped up). Since then, the Wolverines extinguished the flames on a 30-win UC San Diego squad and pulled away from Texas A&M in an otherwise tight match. On the other side, Auburn sputtered into the NCAA Tournament and showed vulnerability against each of its first two foes (including No. 16 seed Alabama State for much of the first half).

Auburn has a decent counter for Michigan's seven-footers, Vladislav Goldin and Danny Wolf. But in each of its last three high-leverage games, Michigan found sparks from other players, including Roddy Gayle Jr., who dropped 26 in the Round of 32 win over Texas A&M. Despite shooting under 30% from three in that game, Michigan found 91 points to put up. Defensively, the Wolverines have the chops to keep the game within reason.

Expect a hard-fought rebounding battle between two strong rebounding teams. Auburn gets a tough Sweet 16 draw for being the No. 1 overall seed in the tournament. While +8.5 is the bet, I'm adding stock in Michigan +325 outright.

Best of luck betting this weekend!

watcH: sweet 16 betting preview

https://youtu.be/i68M03yBlYQ?si=dpR4lbSsImJlNXcj

You can subscribe to the audio-only version of the show on AppleSpotify, or wherever you find your favorite podcasts.