NCAA Tournament betting: Alabama futures odds, how to get up to $3,700 in sportsbook bonuses

Catena Media provides exclusive sports betting content to NJ.com, including picks, analysis, tools and sportsbook offers to help bettors get in on the action. Please wager responsibly.

The Crimson Tide are the NO. 1 seed in the South bracket, and below are our favorite Alabama March Madness bets, plus several sportsbook bonuses to take advantage of.

Of course, each Alabama game will have its own set of odds at every sportsbook, but that isn’t all.

There are March Madness Alabama futures odds to consider before the tournament begins on Thursday.

Alabama, the top overall seed entering the tournament, will play the winner of Tuesday’s No. 16 seed play-in game, pitting Texas A&M CC against SE Missouri State.

All four of the online sportsbooks previewed in this article have Alabama as the second favorite to win the national championship. The shortest odds for the Crimson Tide to win it are +650, offered by DraftKings.

You can get the longest odds and a higher payout if they win March Madness at BetMGM, where they currently sit at +800.

An extensive collection of experts and pundits believe strongly that Alabama will at least advance to the Final Four, which BetMGM offers at +190.

That’s our best bet, as you’ll earn $190 in profit on a $100 wager if they reach the semifinals, a solid possibility considering they had the SEC’s highest-scoring offense (82.2 points per game) and player, Brandon Miller, who averaged 19.6 points per game.

The opening round of the 2023 NCAA Tournament is set to begin on March 16, and all bettors still have a chance to claim up to $3,700 in offers from five sites including DraftKings, Caesars, and more.

Signing up with a DraftKings promo code ahead of March Madness means claiming a three-part welcome bonus:

• A $50 bonus bet upon sign-up and deposit.
• A 20% deposit match up to $1,000.
• Bet $5, get $200 (+3000 odds) in bonus bets, win or lose.

Users will receive a $50 bonus bet as soon as they finish creating an account and deposit at least $5.

That first deposit will also come with a 20% deposit match up to $1,000, and all earnings will be awarded in bonus bets (with a 25x playthrough requirement).

The final part of the offer guarantees $200 in bonus bets with an opening bet of at least $5. You’ll receive eight $25 bonus bets.

All bonus bets arrive within 24 hours and have a seven-day life span.

Using Caesars promo code GETFULL means qualifying for a bonus that focuses on your very first bet after registering and making a deposit.

Here’s how it works: once an account has been created and a deposit made, customers can place their first bet with the assurance that if they miss, those losses will be reimbursed with bet credits.

Any first bet on will be covered up to $1,250 if it loses. Bet credits will arrive within 48 hours and have 14 days to be used.

No matter the result of the qualifying bet, all new Caesars users will receive 1,000 Caesars rewards and 1,000 Caesars tier credits, all of which can be redeemed for bet credits and other prizes.

Anyone who signs up usingBetMGM bonus code ALBONUS50 will have their first March Madness bet covered up to $1,000. Win or lose, you’re also guaranteed a $50 bonus bet after locking in your opening wager.

Once a new customer registers and makes an initial deposit, they can place their first bet on any March Madness market.

If it loses, bonus bets are coming back as a form of reimbursement to match those losses.

Customers who make qualifying bets of $50 or more will receive bonus bets in five equally-weighted increments.

Those who bet $49 or less will receive a single bonus bet equal to their first bet.

New customers who sign up using a FanDuel promo code can secure up to $200 in bonus bets, win or lose.

No matter what you bet initially on your chosen March Madness game, you will get a maximum of 10x your initial bet back as bonus bets.

If you bet $5, you will get $50. Bet $10 for $100. To get the full $200 back, bet $20.

This is on top of your winnings, so if you bet $20 on a March Madness game and it hits, you’ll receive your payout PLUS $200 in bonus bets.

That bonus credit can be used on any bet type or market within 14 days.

All bet credits arrive within 72 hours and can be used nearly anywhere on the FanDuel betting menu.

If you or a loved one has questions or needs to talk to a professional about gambling, call 1-800-GAMBLER or visit 1800gambler.net