MGM March Madness Sportsbook Promo: Bet $10, Win $200 With One Three-Pointer

Written By Brett Collson on March 21, 2022

The NCAA March Madness tournament is upon us, and it is one of the most popular sports betting events for Americans. Each year, people bet about $8.5 billion on this iconic tournament.

BetMGM Sportsbook is one of the places where you can place bets on the tournament if you are new to the sports betting world.

On top of this, if you are a new bettor, you can find some BetMGM sportsbook March Madness promos.

Here is everything you need to know about signing up before the tournament starts.

BetMGM March Madness Special Offer! Bet $10 on a moneyline and win $200 if either team makes a 3-pointer!

BetMGM March Madness Promo Code

March Madness Special - Bet $10 Win $200 If Either Team Hits a 3-Pointer
Bet $10
Win $200
New Customers Only
CBB PromoBet $10 Win $200
If Either Team Hits a 3-Pointer
To Claim: Click Play Now

Once you sign up for MGM Sportsbook and make your deposit, it’s time to make your first real-money wager on the site. Bet $10 on any March Madness moneyline, and if either team makes a 3-pointer in the game, you will get $200 in free bets.

You will get the free bets regardless of the outcome of your original wager. The bets will be broken down as (4) $50 free bets in your account.

If your original bet wins, you will be paid out based on the normal odds price displayed on the app.

For example, if the shown odds on the app are +100 and your moneyline wager wins, you will be paid $10 in winnings, get your $10 stake back, and will also receive the free bets.

How to Get The App

For starters, you can click on the promo links in this article to BetMGM, where you will create an account.

On the website, you will see a button that says “register.” Click that and fill out your personal information, including the following:

  • Name
  • Email address
  • Date of birth
  • User ID
  • Password
  • Last four digits of SSN
  • Mobile number
  • Address

Most of this information, such as your name, address, and the last four digits of your SSN, is used to help verify your identity. It makes sure that you are legally allowed to bet on the platform and protects you from identity theft.

You will also have to provide an email address, and BetMGM may use this to send you future promotional offers. Then, you’ll answer some security questions to protect your account and verify you are at least 21 years old.

After that, you will be ready to start betting when you transfer money to your BetMGM account.

March Madness Bracket & Odds

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How to bet on March Madness

There are six main bets that you can make for basketball betting. These include but are not limited to:

  • Moneyline
  • Spread
  • Total
  • Parlay
  • Same-game Parlay
  • Future

Let’s take a closer look at each of these.


A moneyline is the most accessible type of bet for a novice gambler to make because you are only betting on a particular team to win the game outright.


This bet is slightly different from the moneyline. This bet requires you to pick a team to win by more than a certain amount of points or lose by less than a certain amount of points.


You bet on the two teams playing to go either over or under the projected combined point total.


A general parlay is combining two or more separate bets and needing them all to win your overall bet. Same-game parlays require the different bets to be within the same overall game.


For March Madness, this would be picking a team to win their region or the entire tournament before the tournament begins.

Use BetMGM Sportsbook March Madness Promos Today

March Madness Special - Bet $10 Win $200 If Either Team Hits a 3-Pointer
Bet $10
Win $200
New Customers Only
CBB PromoBet $10 Win $200
If Either Team Hits a 3-Pointer
To Claim: Click Play Now

March Madness is one of the most entertaining sporting events of the year. Take advantage of BetMGM Sportsbook March Madness promos if you’re planning to bet.

Do you want more March Madness tips? Check out our March Madness betting page to get the latest insight from us.

Brett Collson Avatar
Written by
Brett Collson

Brett Collson is the Sports Content Director at Catena Media North America, overseeing websites like and With more than 10 years of experience in the gambling industry, Brett has covered poker, sports betting, and daily fantasy sports extensively. He also spent several years reporting on Major League Baseball and college basketball in Philadelphia. He now resides in Buffalo, NY.

View all posts by Brett Collson