2024 March Madness Bonuses and Betting Promotions

11 min read
Mar 19, 2024, 2:07 PM

Bonuses for March Madness

March Madness kicks off today with the first two games of the First Four and we have mapped all of the unique bonuses and betting promotions available at U.S. sportsbooks.

For any user who is interested in making a bet during the tournament, know that multiple wagering requirements must be adhered to to cash out any winnings you may have.

Active Bonuses for March Madness

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Welcome Bonus

BetRivers NJ 2nd Chance Up To $250

BetRivers Big Logo
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12/30/2025
expire
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Welcome Bonus

BetRivers CO: 2nd Chance Bet Up To $250

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12/30/2025
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Bonus Bets
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Welcome Bonus

DraftKings Bet $5 Get $200

DraftKings Sportsbook
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02/08/2025
expire
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The First Four Tips Off

Since its inception in 2011, when the NCAA expanded the tournament to include 68 teams, the First Four has served as a preliminary stage to the NCAA Tournament. This expansion allows for the inclusion of the four lowest-ranked conference champions and the four lowest-ranked at-large teams, who compete to fill the final spots in the 64-team field.

First Four Schedule

Tuesday, March 19

  • Scheduled for a 6:40 p.m. ET tip-off, Wagner (16-15) vs. Howard (18-16). The victor will secure the No. 16 seed in the West, setting the stage for a matchup with No. 1 seed North Carolina on Thursday, March 21.
  • Following this, at 9:10 p.m. ET, Colorado State (24-10) vs. Virginia (23-10). The team that emerges victorious will claim the No. 10 seed in the Midwest, earning the opportunity to go against No. 7 seed Texas on Thursday, March 21.

Wednesday, March 20

  • At 6:40 p.m. ET, Grambling State (20-14) will play against Montana State (17-17). The victorious team will be designated as the No. 16 seed in the Midwest, with a subsequent game against No. 1 seed Purdue scheduled for Friday, March 22.
  • Following that, at 9:10 p.m. ET, Colorado (24-10) will take on Boise State (22-10). The winner of this contest will become the No. 10 seed in the South, setting up a match against No. 7 seed Florida on Friday, March 22.

How to Choose the Right Sportsbook for March Madness Betting

When it comes to March Madness betting, selecting the right sportsbook is crucial. Consider factors such as the variety of bet types offered for NCAA basketball, the competitiveness of odds, and the ease of use of their platforms, especially iOS betting apps for users who prefer betting on their mobile devices. Comprehensive reviews and comparisons of sportsbooks, including those that excel in basketball betting, can be found at Responsible Gambling's guide to NCAA basketball sportsbooks. This resource can help you make an informed decision, ensuring a better betting experience during the tournament.

Active NCAA Odds Boosts

Odds Boost

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Understanding NCAA Bonus Wagering Requirements

Before diving into March Madness betting, it's essential to understand the wagering requirements associated with any bonuses or promotions you may wish to claim. Wagering requirements dictate how many times you need to bet your bonus money before it becomes withdrawable cash. For a more in-depth look into how these requirements work and how they can affect your betting strategy, refer to Responsible Gambling's NCAA basketball bonuses guide. This guide will help you navigate through the terms and conditions of betting promotions, allowing you to maximize your bonuses effectively.

March Madness Live Betting

Live betting adds an extra layer to watching March Madness, allowing bettors to place wagers on games as they unfold. This dynamic form of betting can offer unique opportunities and in-play bonuses that aren't available before the game starts. For those interested in exploring live betting options and learning how to leverage these opportunities, check out real user reviews and experiences. These firsthand accounts can provide valuable insights into the sportsbooks' live betting features and promotions.

Tips for Responsible Gambling During March Madness

March Madness is an exciting time for college basketball fans and bettors alike, but it's vital to approach betting with caution and responsibility. Setting limits on your betting amounts, understanding the odds, and knowing when to take a break are key aspects of responsible gambling. For more tips and resources on maintaining control and making informed betting decisions, visit Responsible Gambling's guide to understanding odds and their comprehensive section on responsible gambling practices.

March Madness Bonuses FAQs

General

What is March Madness?

March Madness refers to the NCAA Division I Men's Basketball Tournament, a single-elimination tournament held every spring in the United States. It features 68 college basketball teams competing for the national championship, starting with the First Four and culminating in the Final Four and championship game.

How do I bet on March Madness?

To bet on March Madness, start by selecting a reputable online sportsbook that offers a variety of betting options for the tournament. Create an account, deposit funds, and navigate to the NCAA basketball section to place your bets on individual games, tournament outcomes, and other prop bets.

Bonuses and Promotions

What types of bonuses are available for March Madness betting?

Sportsbooks offer various bonuses for March Madness, including welcome bonuses, deposit match bonuses, free bets, and odds boosts specifically tailored to tournament games. These promotions are designed to enhance your betting experience and provide additional value.

How do wagering requirements work for bonuses?

Wagering requirements specify the amount of money you must bet before you can withdraw winnings earned from bonuses. For example, if you receive a $100 bonus with a 5x wagering requirement, you must place $500 in bets before withdrawing any winnings generated from the bonus funds.

Responsible Gambling

How can I practice responsible gambling during March Madness?

Practicing responsible gambling involves setting clear limits on your betting amounts and time, never borrowing money to bet, and taking breaks if gambling stops being fun. Utilize tools provided by sportsbooks for self-regulation and seek help if you notice signs of problem gambling.

Are there resources available for problem gambling?

Yes, there are numerous resources available for individuals struggling with gambling problems, including national helplines, counseling services, and self-exclusion programs. Sportsbooks also offer features like deposit limits, time outs, and self-exclusion to help manage gambling behaviors.

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