DraftKings March Madness Promo: $200 Bonus on NCAA Tournament
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March Madness is always a great time to pick up great bonuses. And DraftKings Sportsbook is offering one of the absolute best deals involving the NCAA Tournament. From now until March 19, you can get $200 in bonus bets after placing just a $5 wager. We’ll discuss the details on this offer below, along with if a DraftKings March Madness promo code is necessary.
Quick Overview DraftKings’s Bet $5 Get $200 Offer:
- Who Can Claim it: First-time DK depositors aged 21+ in eligible states (18+ in WY)
- Promo Period: Now until 11:59 p.m. ET on March 19, 2023
- Minimum Deposit: $5
- Sports: 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 it Now: CLAIM NOW
Get up to $200 on DraftKings to Bet on the Big Dance
This online sportsbook is currently offering one of the best March Madness bonuses in 2023. It gives you $200 in bonus bets for a $5 first bet or more.
No DraftKings March Madness promo code is necessary to claim this welcome offer — just follow our Gambling.com link. Also, note that the bonus comes in the form of eight bonus bets worth $25 apiece. Winnings on the bonus bets carry 1x wagering requirements, which is similar to March Madness promos available elsewhere.
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.
How to Claim the Offer:
You can quickly earn this bonus through the following simple steps:
- Visit DraftKings by clicking HERE.
- Register for an account (no DraftKings March Madness promo code required).
- Place a first-time deposit worth $5 or more.
- Make your first $5+ bet on any sport from now until March 19, 2023 (11:59 p.m. ET).
Few March Madness bonuses are as easy to claim as this one. You should note that this bonus excludes boosts, profit boosts, cash out bets and voided bets. Of course, all March Madness betting promos we’ve seen have the same stipulations.
Wagering Requirements for this promo
You’ll receive the $200 in bonus wagers immediately after placing your first bet of $5 or more. Again, this bonus comes in the form of eight bonus wagers worth $25 each. A winning bet pays winnings minus the stake (e.g., $50 bet wins $45 — you get $45 rather than $95).
The winnings have a 1x rollover requirement before they’re eligible for cashout. These wagering requirements are the lowest possible for March Madness betting promos of any kind.
DraftKings March Madness Bonus Now Available in Massachusetts
The Massachusetts online sports betting market launched not long ago. Therefore, Bay Starters can now take advantage of this and other NCAA Tournament promos. MA bettors will get this bonus by following the steps covered above. However, any Massachusetts sports gambler who’s qualified for a DraftKings pre-launch offer won’t be eligible.
Odds to win March Madness 2023 with DraftKings
This betting site is a hot spot for futures odds on the Big Dance. In fact, it offers some of the most favorable odds and best March Madness bets on the future NCAA champion. You can see the current DK futures involving the winner below:
- Houston +550
- Alabama +600
- Kansas +1100
- Purdue +1100
- UCLA +1200
- Texas +1200
- Arizona +1400
- Gonzaga +1600
- Connecticut +1800
- Marquette +2000
- Baylor +2000
DraftKings’ March Madness Bracket Challenge
In addition to offering top March Madness bonuses, DK is also running an entertaining NCAA bracket 2023 competition. The DraftKings Zero Right Bracket Challenge will give $100,000 to the participant with the lowest point total.
You don’t have to pay anything to enter this 2023 NCAA bracket contest. However, you will need to visit DK and fill out your bracket by March 16, 2013 (11:59 p.m. ET). The point system for this competition works as follows:
- First Four – Zero points
- First Round – 1 point
- Second Round – 2 points
- Sweet 16 – 5 points
- Elite 8 – 10 points
- Final 4 – 25 points
- Championship Game – 50 points
March Madness live betting on DraftKings
This online sportsbook is one of the go-to places for March Madness live betting. It offers a wide selection of live wagers during the Big Dance, which is great for when a tournament game has already started.
All you need to do is visit DraftKing’s live wagering section while the tourney is going on. You’ll see various bets pop up throughout an active game. You must be quick about placing live wagers because the odds come and go within minutes.
Why Sign Up with This Sportsbook?
DraftKings is a good all-around online sportsbook, but it especially excels in a couple of notable areas. First off, it’s one of the top betting sites at offering March Madness betting promos and bonuses for other sports. It provides no-sweat bets, profit boosts, live betting boosts, and VIP rewards.
Second, this betting site boasts unique elements that aren’t available at most sportsbooks. It features social bets (place the same wagers as friends) and betting pools. To top it off, you can expect a large range of bet types and markets for the Big Dance here.
Stay up to date with the latest betting offers and promotions at Gambling.com
Looking for more March Madness betting promos like this one? Keep track of the latest sportsbook bonuses and promo codes through Gambling.com. Our staff constantly scours online sportsbooks to find the newest and best NCAA Tournament bonuses.
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