March Madness is one of the biggest sporting events of the year, but it ranks even higher on the list of annual highlights (for sports bettors in particular). The “Big Dance” offers nonstop action for a few frenzied days, with essentially unlimited action available with the best sportsbooks, who ramp up their betting promotions to attract bettors.
If you’re a pro bettor of have been around for a while, you might be looking to expand your repertoire ahead of the tourney, while “newbies” might be looking to get dialed in for the first time. Either way, there are plenty of betting promos available for users who sign up with new sportsbook apps.
Let’s talk about some of the very best betting promos available today, and how you can get the most out of these top betting sites. One of the many great offers available right now comes from Fanatics:
March Madness 2026 Schedule
| Event | Date |
|---|---|
| Selection Sunday | March 15 |
| First Four | March 17-18 |
| First Round | March 19-20 |
| Second Round | March 21-22 |
| Sweet 16 | March 26-27 |
| Elite Eight | March 28-29 |
| Final Four | April 4 |
| National Championship Game | April 6 |
Top Betting Promos and Bonuses
Simply put, March Madness bonuses are promotions offered by sportsbooks during the NCAA tournament. These include bonus bets, parlay insurance, and promotional codes. These are the best ones:
Best Sportsbooks for College Basketball Bonuses
It's a unique time of year, with just about all of the top sportsbooks offering special NCAA betting bonuses for new users. Let's talk about some of the most impactful promo codes and the sites where you can do your online sports betting during this year's March Madness.
Fanatics Sportsbook Promo
As an up-and-comer in the sportsbook space, Fanatics has done a great job of bringing in new users with enticing welcome bonuses, and this March Madness betting season is no exception. Right now, users in most states can claim this promo: Get Up To $1000 Matched in FanCash!* using the code ACTION.
You can also access this promo offer: Bet $5 Get $200 FanCash Instantly + Profit Boost Tokens!** using the same code ACTION.
Terms:
*New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, OH, PA, TN, VA, VT, WV, WY. Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app.
**New customers in AZ, CO, CT, DC, IA, IN, KS, KY, LA, MA, MD, MI, MO, NJ, OH, PA, VA, VT, WV, WY. Must toggle on this promotion in your bet slip and wager $5+ cash on any market (min. odds -500) within 7 days of account opening to receive $200 in FanCash. Promotional FanCash expires 7 days from issuance (at 11:59pm ET). Terms, including FanCash terms apply-see Fanatics Sportsbook app.
New users from Illinois and New York can use promo code ACTIONNY to claim the offer: Sign Up and Get a 100% Profit Boost Token For 5 Days!
Lastly, if you're located in New York, you can use the bonus code ACTIONNY to claim one of the two offers: Sign Up and Get a 100% Profit Boost Token For 5 Days! OR Bet and Get up to $250 in No Sweat Bets FanCash!
NY & IL Terms:
21+. New customers in IL, NY only. Must create an account to receive one (1) 100% Profit Boost token per day for 5 days straight (max stake $25; min. odds -500 or longer). Profit Boost Tokens must be applied in bet slip & expire 24 hours from issuance. See full Promo Terms in the Fanatics Sportsbook app.
New NY customers only. Apply promotion in bet slip and place a $1+ cash wager (min odds -500) daily for 10 consecutive days starting at account creation. Wager must settle as a loss to earn FanCash equal to wager (max $25 FanCash/day). FanCash from this Promotion expires at 11:59 p.m. ET 7 days from the date of issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app.
Disclaimer: If you see the Bet $5, Get $200 FanCash offer in the app, then entering the promo code is not necessary to claim.
BetMGM Promo
BetMGM Sportsbook is one of the most venerable brands in the market, and they're coming in with a highly competitive March Madness offer. With bonus code AN1500, you can earn the following promo offer: Get up to $1,500 Back in Bonus Bets if Your First Bet Doesn't Win!
DraftKings Promo
You don’t need a code to access this DraftKings March Madness promo: Bet $5, Get $200 in Bonus Bets + 100% NCAA Tournament Winner Profit Boost! Just sign up through any of the links you can find on this page and get the offer.
FanDuel Sportsbook Promo
Similarly, the FanDuel March Madness promo offers new users a bonus — no promo code needed by the way — making it a competitive option in the sportsbook market during the March Madness event.
bet365 Promo
No sportsbook offers more breadth than bet365, and with this bonus offer, you can get a head start in checking out the full array of bets available with this giant online sportsbook:
- Click/tap our links to claim promo code TAN365 and choose between two options when you sign up:
- If you're in Pennsylvania or New Jersey, the offer is slightly different:
- The same goes for users located in Illinois, where the current promotion is:
*Deposit Required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New Customers Only. T&Cs, time limits, and exclusions apply. 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CO, IA, IL, IN, KS, KY, LA, MD, MO, NC, OH, TN, VA only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses.
**Deposit required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits, and exclusions apply. Not available in Illinois.
***Deposit Required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New Customers Only. T&Cs, time limits, and exclusions apply. 21+. Gambling Problem? Call 1-800-GAMBLER. Available in NJ and PA only. Minimum odds -500 of greater. Bonus Bets wager excluded from returns.
****Deposit required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits, and exclusions apply. Illinois Only.
Caesars Sportsbook Promo
With Caesars Sportsbook, you're accessing one of the true titans of the betting industry, and right now, you can do so with some added value in your back pocket. With code ACTION22DYW, you can get the following promo offer: Bet $1+, Double Your Winnings Your Next 10 Wagers! You can make an initial wager as low as just one single dollar.
This gives you the opportunity to spread the perks around to a few bets, giving you a very solid chance to hit at least a couple of your boosted wagers.
theScore Bet
theScore Bet went live on December 1, 2025, completing its transition from the ESPN Bet brand, and it’s already stepping into the March Madness spotlight with a straightforward offer built for college basketball action: Bet Reset up to $1000!*
Claim the bonus with theScore Bet promo code TANBONUS!
For new users located in MI, NJ, PA, WV, there's an alternative offer: Bet $10, Get $100 in Bonus Bets If You Win!** Promo code is still TANBONUS.
T&Cs: *New users only, 21+. Gambling problem? Call 1-800-GAMBLER. Must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MO, NC, OH, TN, and VA in order to wager. Players must sign up using a specified Promotion code and then place an Eligible Wager on an Eligible Game during the Promotion Period. Please Gamble Responsibly.
**New users only, 21+. Gambling problem? Call 1-800-GAMBLER. Must be physically present in MI, NJ, PA, WV in order to wager. Players must sign up using a specified Promotion code and then place an Eligible Wager on an Eligible Game during the Promotion Period. Bonus Bets will be credited if your bet wins. Please Gamble Responsibly.
Kalshi Promo
Kalshi may not technically be a sportsbook, but it's available in almost all states and offers you the opportunity to cash in when you're right about March Madness and other events. With referral code ACTION, you can earn the following promo: Trade $10, Get $10!
How to Use the College Basketball Betting Promos
Signing up for a promo will add only one detail to the regular sign-up process for a sportsbook: it's just about entering a promo code or starting by following a particular link. Obviously, the exact minutiae will vary from platform to platform, but we'll take a look at the general framework of the process:
- 1. Follow our link to the sportsbook website or download the online sportsbook's app
- 2. Click on the prompt to sign up for a new account
- 3. Add your personal details, including your full name, contact information like email address, your date of birth, etc.
- 4. If there's a code associated with the offer, this is when you'll enter it
- 5. You'll need to agree to the sportsbook's terms and conditions, including consent to the usage of geolocation software to ensure your ability to legally play with the sportsbook
- 6. Finally, it's time to confirm the information you've entered and officially launch your account
- 7. The first move with your new sportsbook account is to link a method of payment for deposits and withdrawals so that you can make an initial deposit and start playing.
- 8. With funds in your account, it's time to start betting! If your welcome bonus is in any way linked to an initial wager, or bets placed within a certain period of time after signing up, make sure to account for that as you strategize your picks
Betting Promos Terms and Conditions
The exact terms and conditions will, of course, be different depending on the specific legal sportsbook and bonus offer, but there are a few near-universal things to keep in mind:
- Expiration dates for bonus bets, boosts, or other perks
- Minimum age
- Playthrough requirements
- Location-related eligibility restrictions
- Minimum or maximum odds
- Minimum or maximum wager/deposit size
- Market limitations
What States Have the Best College Basketball Betting Promos?
Legal online sportsbooks have officially made their way into the majority of U.S. states (West Virginia, Colorado, and Iowa among them), and special college basketball betting promos are available in most. But the best part of it all is that if you live somewhere with legal online sports betting, there's a good chance that there's an offer for new customers in your state, just be sure to check out the options:
| States |
|---|
| 🏜️ Arizona |
| 🏔️ Colorado |
| 🛤️ Connecticut |
| 🏛️ DC |
| 🚆 Illinois |
| 🏀 Indiana |
| 🌽 Iowa |
| 🌪️ Kansas |
| 🐔 Kentucky |
| ⚜️ Louisiana |
| 🦞 Maine |
| 🦀 Maryland |
| 🌊 Massachusetts |
| 🌲 Michigan |
| 🐯 Missouri |
| 🎰 Nevada |
| 🚗 New Jersey |
| 🗽 New York |
| 🏖️ North Carolina |
| 🏈 Ohio |
| 🌲 Oregon |
| 🦅 Pennsylvania |
| 🏝️ Rhode Island |
| 🎶 Tennessee |
| 🏔️ Vermont |
| 🍂 Virginia |
| 🚂 West Virginia |
| 🚵 Wyoming |
Note that rules for college basketball betting vary by state, with some states restricting player props, bets on in-state teams, etc.
College Basketball Championship Odds
Here are the latest odds for the 2026 College Basketball Champion:
Stay updated on the latest March Madness betting odds.
Best College Basketball Betting Promo Types
While the exact terms and conditions will vary from sportsbook to sportsbook, there are a few general types of promos that you'll see across the industry. Here’s a quick rundown of the most common ones:
Bonus Bets
One of the best college basketball bonuses, this bonus bets promotion rewards new customers with extra funds after signing up. Just place a qualifying wage and you’ll receive bet credits to use on college basketball betting. Just keep in mind these funds aren’t immediately withdrawable, but if your bet wins, you can cash out.
No Sweat Bets
Also known as a first-bet safety net, this offer allows you to make an initial bet with the knowledge that if your wager loses, you'll be refunded by way of bonus bets.
Profit Boosts & Odds Boosts
A profit boost lets you double your winnings on a qualifying bet, increasing your payout beyond standard odds.
P.S: Odds boosts work similarly but are calculated differently.
Deposit Matches
A classic March Madness betting promotion, this bet offer gives you a percentage match on your first deposit. Some sportsbooks, like Fanatics Sportsbook, provide a full match, while others offer a partial one.
Responsible Gambling and College Basketball Betting
As thrilling as college basketball betting can be, staying in control is key. Set limits, avoid chasing losses, and make sure you’re wagering responsibly. If you need support, our resources and tools cover responsible gaming tips, or you can reach out to 1-800-GAMBLER for 24/7 confidential help, go to GamTalk.org, or attend a Gamblers Anonymous meeting.
Top college basketball betting sites like Fanatics Sportsbook, BetMGM Sportsbook, and DraftKings Sportsbook offer major promotions.
To access college basketball sportsbook promos, make sure to use verified codes and signup links from The Action Network. You’ll usually need to be a new user and make a qualifying wager. Some offers may require a promo code, while others activate automatically when you sign up and deposit, check out the list above to see which does which.
Odds vary across online sportsbooks, so the best way to figure this out is by comparing lines on multiple legal sports betting platforms. Odds boosts are also available on sites like Caesars Sportsbook and FanDuel Sportsbook!
Current March Madness betting favorites include Duke and Michigan national championship frontrunners.
New bettors can get a no-sweats bet, where a lost initial wager is refunded as bet credits. Some sites even let you double your winnings on a qualifying bet.
Yes, as long as you use legal sportsbooks regulated in your state. Always check for security services and what eligibility restrictions apply to make sure you're having a secure betting experience. If you have a gambling problem, help is available: reach out to 1-800-GAMBLER for 24/7 confidential help, go to GamTalk.org, or attend a Gamblers Anonymous meeting. Your future is in your hands.