March Madness is about to commence, and with it, sportsbooks in the US are gearing up with some interesting promotions. BetMGM Sportsbook and DraftKings Sportsbook are among the first online sportsbooks to feature March Madness promos ahead of the official draw taking place on Sunday, March 13.
The tournament action starts with the First Four on March 15 and then the first bracket starts on March 17. The Madness will continue until April 4 when the final Championship game will take place.
This is one of the most exciting times in the year for any avid sports betting fan and not only because of all the action on the court. With online sports betting now regulated and available in many US states, bookmakers like DraftKings and BetMGM Sports are kicking things into high gear, with many special offers and promos bettors can take advantage of.
BetMGM’s Bet $10 to Win $200 Promo
BetMGM is welcoming all new customers across the US with a special March Madness promotion. Register for a BetMGM account, make a deposit, and opt-in for the promo to qualify.
After that, simply place a moneyline bet of at least $10 on any March Madness game and you stand to receive $200 in bonus bets if either team makes a 3-pointer. This BetMGM welcome offer is not in any way tied to the outcome of the match or dependent on what side you bet on.
If either team makes a 3-pointer during the game (which is pretty much guaranteed to happen), BetMGM Sportsbook will give you $200 worth of bonus bets.
The special offer is available in all fifteen states that BetMGM is licensed to operate in. As long as the operator is available in your jurisdiction, you will be able to take advantage of this special March Madness Welcome Bonus.
March Madness at DraftKings: Bet $5 & Get $200 Extra if Your Team Wins
DraftKings Sportsbook is celebrating March Madness in style, giving all new players a chance to win $200 extra in bonus bets by betting on College Basketball.
To participate, open a DraftKings Sports account, make a deposit, and place a pre-game moneyline bet of at least $5 on any qualifying game. If your pick wins, you will get $200 in bonus wagers on top of any regular winnings.
The bonus is issued as eight individual bets worth $25 each, so players have some wiggle room to get the most out of this offer. bonus bets are non-redeemable but any winnings resulting from the bets made with these bonus wagers are added straight to your cash balance.
$10 Million BetMGM Perfect Bracket Challenge
For this year’s March Madness, BetMGM has come up with a really generous $10,000,000 prize pool for the perfect bracket challenge. The challenge is available to new and existing customers alike.
However, to win this massive prize, you will need to correctly predict every single matchup throughout the entire tournament.
Since it is unlikely anyone will actually get the perfect bracket, BetMGM will provide a consolation prize for the player who gets the largest number of correct picks.
If you want to take a shot, you will need to submit your entries before the tip-off of the first game on March 17. Names of all 68 participating teams will be revealed on Selection Sunday on March 13.
