DraftKings March Madness Bonus for Round of 64: Claim $200 Bonus

DraftKings March Madness Bonus for Round of 64: Claim $200 Bonus


March Madness is the perfect time to claim an attractive bonus at DraftKings, after all it's one of the biggest sporting events on the calendar. DraftKings Sportsbook is offering one attractive deal for first time bettors. From now you can get $200 in bonus bets until the deadline on March 19th  for placing a $5 wager. It’s that easy. 

Throughout this article we will go into further details on this offer below, along with how to sign up and if you require a DraftKings March Madness promo code.

Quick Overview DraftKings’s Bet $5 Get $200 Offer

  • Who Can Claim this offer: New DK customer who are located in eligible states, aged 21+ (18+ in WY)
  • Round of 64 deadline: Now until 10:59am EST on March 16, 2023
  • Minimum Deposit req: $10
  • Sports to bet on: College basketball (March Madness)
  • States Where Offer is Available: AZ, CO, CT, IA, IL, IN, IA, KS, LA, MA, MD, MI, NH, NJ, NY, OR, OH, PA, TN, VA, WV, WY
  • Claim Offer: [ CLAIM NOW ]

DraftKings Sportsbook Bonus: Get up to $200 explained. 

One of the biggest March Madness bonuses will be provided by this online sportsbook in 2023. For a $5 or greater initial wager, you receive $200 in bonus bets.

You do not need a DraftKings March Madness promo code to sign up and claim the FanDuel welcome offer. You can sign up through any of our banners or links on Gambling.com. Also, note that the bonus comes in the form of eight bonus bets each worth $25. All winnings will have a 1x wagering requirement which is the lowest wagering requirement on the market. 

You must be a first-time depositor at DK to qualify. Of course, most March Madness betting sites are only offering their NCAA Tournament bonuses to first-time depositors as well.

Wagering Requirements for this promo

All you have to do to receive the  $200 in bonus wagers is wager a $5 bet on any sport. Again, this bonus is not added in one amount it is broken down into 8x $25 bonus wagers. The stake of the bonus wager is not returned but any winnings can be kept (e.g., $50 bet wins $45—you get $45 rather than $95).  

Any winnings you receive on your wagers have a 1x rollover requirement before they’re eligible to cashout. This is the lowest wagering requirement on the market for March Madness betting promos. 

How to Claim the $200 welcome offer: 

  1. Register through our banner or CLICK HERE - no promo code required. 
  2. Enter your email address, username, and password.
  3. Enter your personal information, including your name, date of birth, and address.
  4. Place your first bet of $5+ on any sport to receive the bonus. 

Markets to bet on March Madness: 

Users can place wagers on a range of sports and events, including basketball, baseball, football, and more, using the platform's user-friendly interface.

Focusing on the Round of 64 that starts today there are plenty of attractive markets that you can wager on to claim the bonus. Some Popular markets include: 

  • Futures
  • Totals
  • Spread
  • Race to X points
  • Moneyline

If you are not totally sure on what markets you do want to bet on or how they work you can check out the 101 guide on the FanDuel App.

DraftKings Future Odds on March Madness 2023

DraftKings offer competitive future odds on most sports, when it comes to March Madness they are competing with the best sportsbooks. These are the current future odds before Round of 64 starts: 

  • Houston +550
  • Alabama +600
  • Purdue +1100
  • Kansas +1100
  • Texas +1200
  • UCLA +1200
  • Arizona +1400
  • Gonzaga +1600
  • Connecticut +1800
  • Baylor +2000
  • Marquette +2000

March Madness promotions at DraftKings 

As the tournament progresses, you can use the FanDuel app to place live wagers. Keep an eye on the boosts tab and promotions page to find more bonuses for the whole of March Madness. Some of the most popular ongoing promotions are: 

  • Odds Boosts: Keep an eye out for these match odds boosts that will guarantee greater odds. 
  • No Sweat Bet: Place a bet on any Men's College Basketball game and if it loses get a Bonus Bet back for the same stake. 

March Madness live betting on DraftKings

One of the top destinations for March Madness live betting is this online bookmaker. March Madness offers a huge range of wagers, which is excellent for when a tournament game has already begun.

All you have to do to participate in the tournament is head to DraftKings live betting section. During the course of a live game, various bets will appear. But if you want to make live bets, you have to act quickly because the odds change frequently or betting may suspend. 

Why Sign Up with This Sportsbook? 

The DraftKings sportsbook app is one of the most well-known and reliable sports betting applications in the US. The app is available for both iOS and Android devices and provides bettors with a user-friendly app that makes it easy to navigate and place the best March Madness bets. 

Also, they provide a vast array of sports betting options, like live in-game betting, parlays, prop bets, and more, in addition to continuous promotions on a regular basis.

Latest Sportsbook Promotions and Offers Available

The DraftKing bet $5 get $200 is certainly attractive, but if you're looking for alternative March Madness betting promos we’ve got you covered. 

Keep up to date with the best sportsbook promo codes we have to offer at Gambling.com. Our team is constantly working to bring the best possible offers and regular updates.