March Madness Betting Promos: Bet Elite Eight Games With BetMGM, Caesars & More

The best March Madness betting promos deliver up to $3,850 in bonus bets and first-bet protection. Get yours now and start wagering on the Elite Eight round of the NCAA Tournament!

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In the only 1 vs 2 matchup in the Elite Eight, top-seeded Purdue will meet Tennessee in the Midwest Final today at 2:20 p.m. ET in the first of two Easter Sunday regional finals. No. 11 NC State will meet No. 4 Duke on the South final immediately following the first game. If you’re betting on either of these games, you need to take advantage of the best March Madness betting promos available for new customers.

These March Madness betting promos can earn you thousands in first-bet and bonus offers when you sign up with the best online sportsbooks, including BetMGM and Caesars. So, let’s take a look at the offers before wrapping up with a few thoughts on what to look for when you’re betting on Elite Eight games.

Best March Madness Betting Promos for Elite Eight of NCAA Tournament

March Madness Betting Promos March Madness Betting Promo Codes March Madness Betting Bonus Offer
📱 BetMGM Bonus Code ✔️ SBWIRE 🤑 Up to $1500 in Bonus Bets if Your First Bet Loses
📱 Caesars Sportsbook Promo Code ✔️ SBWIRE1000 🤑 First-Bet Offer Up to $1,000 on Caesars
📱 bet365 Bonus Code ✔️ SBKWIRE 🤑 Bet $5, Get $150 or First Bet Safety Net up to $1,000
📱 DraftKings Promo Code ✔️ CLICK HERE 🤑 Bet $5, Get $150 Instantly
📱 FanDuel Promo Code ✔️ CLICK HERE 🤑 Bet $5, Get $200 if You Win

Note: Bettors in the Tar Heel State can now access special North Carolina sportsbook promos as North Carolina sports betting launched on March 11. 

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BetMGM March Madness Betting Promos: $1,500 First-Bet Offer

BetMGM has saved its biggest offer of the year for March Madness betting. When you start a BetMGM account with the BetMGM bonus code SBWIRE, you earn a protected first bet up to $1,500.

What do these words mean? They mean that BetMGM will have your back on your first bet provided you wager anywhere from $10 to $1,500. Of course, you get to choose the amount. If your first bet wins, you’re rich and happy. But if your first bet loses, BetMGM returns the amount of that bet to your account in the form of bonus bets.

If you wagered $50 or more, then you’ll receive five bonus bets — each worth 20% of your first wager. If you wagered less than $50, then you’ll get one bonus bet equal to the amount of your first wager.

To turn a bonus bet into cash, understand that the BetMGM bonus code SBWIRE – like the best March Madness betting promos mentioned in this story – boasts a 1X playthrough requirement. This means a bonus bet needs to be played (and won) just once for you to collect all the profit in cash.

Tar Heel State bettors can sign up with the BetMGM North Carolina bonus code right now and land a Bet $5, Get $150 in Bonus Bets deal!

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Caesars Sportsbook March Madness Betting Promo: $1,000 First Bet on Caesars

Caesars Sportsbook always has believed in high limits and protected first bets — so why change for the NCAA Tournament? When you register for a Caesars Sportsbook account with the Caesars Sportsbook promo code SBWIRE1000, you receive a first bet up to $1,000 on Caesars.

Love to see those words “on Caesars.” They confirm Caesars Sportsbook will protect your first bet when it’s anywhere from $10 to $1,000. If you win, then celebrate your $$$$. If your first bet is an airball, don’t worry. Caesars Sportsbook rebounds your miss and sends your first bet back to your account as one bet credit.

You get 14 days to play this bet credit and it needs to win just once for you to capture the profit in cash.

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bet365 March Madness Betting Bonus: Choose Your Offer!

Just like you get to choose which teams to bet on, bet365 allows you to choose which welcome offer you prefer. When you launch a bet365 account with the bet365 bonus code SBWIRE, you decide whether to claim $150 in bonus bets (just for placing a $5 first bet) or grab a First Bet Safety Net opportunity up to $1,000.

With the first choice, you simply make a $5 first bet on any Elite Eight game in the NCAA Tournament – or on any other event – and bet365 sends you $150 in bonus bets immediately. With the second choice, you place a first bet anywhere from $10 to $1,000 with the knowledge that bet365 will return the amount of your first bet to your account if it loses. It will come back to you as bonus bets.

Both choices give you seven days to play your bonus bets. Each time a bonus bet wins, you pocket the profit in cash.

Bettors in North Carolina can use the bet365 North Carolina bonus code for SBWIRENC for an exciting welcome offer.

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DraftKings March Madness Betting Promo: Bet $5, Get $150

We should have told you sooner: You are absolutely welcome to take advantage of as many of these March Madness Betting Promos as you want. If you like all five, then sign up for all five.

When you start a DraftKings account with the DraftKings promo code, you receive $150 in bonus bets just for making a $5 first bet.

DraftKings sends you six $25 bonus bets the moment you plunk down that $5 first bet. You’ll have seven days to play these bets, so they’ll be there for you for next week’s NCAA Tournament action, too.

Whenever you win a bonus bet, you win cash.

Bettors in the Tar Heel State can now use the DraftKings North Carolina promo code to claim a Bet $5, Get $250 in Bonus Bets offer.

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FanDuel Promo for March Madness: Bet $5, Win $200

FanDuel created a special offer that has begun just in time for March Madness betting. When you set up a FanDuel account with the FanDuel promo code, you’ll earn $200 in bonus bets once you place a $5 first bet that wins.

To get that win, we suggest scouring the FanDuel app — one of the nation’s easiest-to-use sports betting apps — and find a moneyline wager where one side boasts extremely high odds to win.

Once you win that $5 first bet, your $200 in bonus bets will show up within 72 hours. Once it’s there, you get seven days to play it — and FanDuel’s flexibility allows you to split up that $200 into as many bonus bets as you want. Each time a bonus bet wins, you the profit is yours in cash.

The FanDuel North Carolina promo code gives first-time bettors in that state an exclusive Bet $5, Get $250 in Bonus Bets welcome offer.

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Use the Best March Madness Betting Promos to Wager on the Elite Eight of NCAA Tournament

Now that you know all that you need to about the best March Madness betting promos, let’s take a closer look at the tournament itself from a betting perspective.

There hasn’t been an NCAA champion since 2014 that didn’t enter the tournament with one of the nation’s 10 most efficient offenses per Ken Pomeroy’s metrics. Therefore, if you’re wagering on a team to cut down the nets in Phoenix on April 8, you should focus on these 10 schools (in order of top Adjusted Offensive Efficiency): UConn, Alabama, Illinois, Purdue, Kentucky, Baylor, Duke, Arizona, Gonzaga and Auburn.

UConn and Alabama punched their tickets to the Final Four on Saturday.

At the same time, a great offense doesn’t guarantee victory. Last year, Purdue, Iowa and Arizona all entered the tournament with a Top 10 offense — and they all got shocked in the first round.

Bet on any of these games – or your favorite team – with bonus bets, first-bet protection and more, thanks to these exclusive March Madness betting promos and bonuses.

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