NCAA Tournament betting promos: Get March Madness bonuses

Prepare for another year of March Madness by securing the industry's best NCAA Tournament betting promos. No-brainer offers from FanDuel, DraftKings, BetMGM, bet365, Caesars, ESPN BET, and Fanatics give college basketball fans up to $4,850 in bonuses for the tournament. Meanwhile, North Carolina bettors have exclusive promos for their first tournament with mobile sports betting.

The greatest postseason in college hoops begins with the First Four on Tuesday, March 19. On March 21, the remaining 64 teams will hit the hardwood for the start of what should be an unforgettable countdown to the Final Four. The Women's NCAA Tournament opens its First Four Round on Wednesday, March 20, and tips off the Round of 64 on March 22.

There are two groups for betting promos this year: North Carolina and everyone else. The Tar Heel State launched mobile sports betting on Monday, March 11, as several online sportsbooks entered the state with exclusive offers. North Carolina bettors can wager up to $2,125 in bonus bets on UNC, Duke, and the surprising ACC champ NC State. If they combine every "bet & get" promo, just $40+ in cash wagers leads to a guaranteed $1,325 in bonus bets.

Eligible bettors outside North Carolina shouldn't fret. Although there aren't as many "bet & get" bonuses available, combining all eligible promos nets up to $4,850 in bonus bets, a substantial bankroll for March Madness.

Betting Tips for Picking NCAA Tournament Champion

The NCAA Tournament is known for its wild upsets, especially as the field shrinks from 64 to 16. While every new bettor can target their favorite 12 over 5 upsets, there are a few rules to consider when targeting a team to go all the way.

More often than not, a team must rank in the top 25 for offensive and defensive efficiency. Top-ranked teams like UConn, Houston, Purdue, and Auburn fit the bill. Meanwhile, a team like Illinois, with an elite offense but a suspect defense, might struggle to advance to the final rounds.

Next, consider which teams reached the semifinals of their conference tournament. Every national champion since 1985 made the conference semifinals, meaning momentum is a fundamental factor. For example, Creighton was a top-25 team on both ends but lost to Providence in the Big East quarterfinals, so history tells bettors to stay away.

Lastly, watching FAU and San Diego State in last year's Final Four was a treat for college hoops fans. However, there's a reason UConn cut down the nets. The tournament winners hail from the power conferences and have experienced upperclassmen taking charge. The Huskies should again contend for a title, as should experienced teams like Purdue and North Carolina. Those three are in the top five for pre-tournament odds, but they're far likelier to win than a young team like Kentucky.

FanDuel Sportsbook Promo: Win $250 Bonus in NC, $200 in Other States

hereto unlock a no-brainer "Bet $5, Get $250" offer. Meanwhile, eligible FanDuel bettors in other states must register here for a "Bet $5, Get $200." NC customers receive $250 in bonus bets, regardless of how their initial $5+ bet settles, while everyone else needs a win to earn the $200 bonus. Tar Heel State gamblers can also bet on any team to win the NCAA Tournament and receive a bonus bet from FanDuel after each win they accumulate.

DraftKings Sportsbook Promo: Bet $5 for Instant $150 Tournament Bonus, $250 in NC

DraftKings has no-brainer "bet & get" offers for all new customers. North Carolina bettors must click hereto qualify for a "Bet $5, Get $250" offer that delivers $250 in bonus bets after any $5 bet, win or lose. However, others who sign up herereceive $150 in bonus bets on the spot, no questions asked. The instant payout lets bettors place wagers as soon as possible, building a cash bankroll for the entire tournament.

BetMGM Bonus Code: Tackle March Madness with $150 Bonus or $1.5K First Bet

The first drastic difference in NCAA Tournament betting promos comes from BetMGM. Prospective NC bettors can activate the code NOLANC hereto turn a small $5 wager into an instant $150 welcome bonus. For other BetMGM customers, the code NOLA1500 hereactivates a $1,500 First Bet Offer, where a losing bet worth up to $1,500 triggers a bonus bet refund.

Bet365 Promo Code: Earn Bonus or $1K First Bet for Big Dance

Bet365 is the only state with a welcome offer in all states: a $1,000 First Bet Safety Net that refunds a qualifying $1K loss with bonus bets. However, the codes also unlock competing "bet & get" promos. North Carolina bettors must use the code NOLANC herebefore selecting a "Bet $5, Get $200" promo or the $1K Safety Net. Meanwhile, the code NOLAXLM hereenables a "Bet $5, Get $150" deal in addition to the protected first bet. Bet365 also has an in-app bracket challenge, where perfection could result in a $10 million prize.

Caesars Sportsbook Promo Code: Get $250 Tournament Bonus in NC, $1K First Bet Elsewhere

Prospective bettors in North Carolina can claim a no-brainer "Bet $10, Get $250" Caesars offer after activating the code NOLANC here. This deal instantly returns $250 in bonus bets after a qualifying $10+ cash wager, win or lose. For everyone else, enter the code NOLA1000 hereand get a $1,000 first bet on Caesars that returns cash winnings or a one-time bonus bet worth your qualifying stake.

ESPN BET NC Promo Code: NC Bettors Get Instant $225 Bonus with Code NOLANC

As we near the end of these NCAA Tournament betting promos, the latest offering from ESPN BET is exclusive to North Carolina. Open ESPN BET hereand create an account. Once you've entered our code NOLANC and wagered as little as $10 on any game, you'll earn an instant $225 in bonus bets for March Madness.

Note: You must manually enter the promo code NOLANC during registration to activate ESPN BET's "Bet $10, Get $225" offer.

Fanatics Sportsbook Promo: Bet $100, Get $100 Offer in Select States

Last but not least, bettors in eligible states can click hereto open a Fanatics Sportsbook account. New customers get a "10x$100" offer, where your first cash wager of the day (max. $100) returns a matching bonus bet, win or lose. Fanatics bettors can repeat the process for ten consecutive days to receive up to $1,000 in matching bonus bets.

21+ only. NC only. Subject to eligibility requirements. Gambling problem? Call 1-800-GAMBLER or 877-718-5543 or visit .

21+ and present in participating states. Gambling problem? Call 1-800-GAMBLER.