ByTyler Maher

Sep 19, 2023

DraftKings March Madness Promo | Bet $5, Win $150

DraftKings March Madness Promos

The DraftKings Bet $5, Win $150 promo for college basketball is here!

  • and sign up to activate the offer and sign up today!

With March Madness in full swing, DraftKings is offering an excellent promo exclusive to new bettors. The deal? You bet $5, and if you win, you’ll get $150 in bonus bets..

First-time players who make their first deposit and bet $5 on any college basketball game of their choice will receive $150 in bonus bets if they win their first bet.

The odds do not matter so consider taking one of the heavy favorites to get your best chance at getting $150 in bonus bets on your first bet on DraftKings.

How the DraftKings March Madness Promo Works

  • Note: This promotion is only available to new bettors at DraftKings.
  • Bettors must be present in one of the following states: AZ, CO, CT, IA, IL, IN, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA, WY (18+) or WV.
  • to register your account.
  • Make your first deposit of $5 or more into your account.
  • Choose a game and place a $5+ pre-live moneyline on any college basketball game.
    • NOTE: You can choose to use your Bet $5, Win $150 welcome promotion on any market.
  • If that bet wins, you’ll get six (6) $25 bonus bets totaling $150 in bonus bets.
  • Only your first bet counts for this promo, so choose wisely.

Make sure you read the full terms and conditions before you sign up and deposit.

DraftKings NCAA Tournament Betting Promotions

March Madness No Sweat Bet

Even if you’ve already signed up for DraftKings, you can get a no-sweat bet for any Men’s College Basketball game.

All you need to do is navigate your DraftKings promotions page, opt-in to the No Sweat Bet promotion, and make note of how much your No Sweat Bet is for when opting in. This will vary based on your account standing, wagers placed, and other factors.

Then place a bet on any Men’s NCAA Tournament game and get a bonus bet back if your bet loses!

DraftKings March Madness 16% Profit Boost

You can get a DraftKings Sweet 16 profit boost for 16% on any bet you place on college basketball from 3/23 - 3/27.

You’ll receive your funds in cash, not bonus credits, and you can use it on any Sweet 16 game.

You can learn more about this operator and its welcome offer in The Game Day’s DraftKings Sportsbook review, or click “Get Bonus" below to activate now:

Starts on02/14/2022
Expires on04/05/2023
Time RemainingExpired
Promo TypeNew User Promo
SportsBookDraftKings Sportsbook
How to EnterSign Up & Bet
Promo Code


Tyler Maher

Tyler Maher is a Content Editor for The Game Day, where he edits and writes for the site. Prior to joining The Game Day, he was a fantasy baseball writer and social media editor for A graduate of Tufts University, Tyler is a die-hard Boston sports fan who can't wait for the next duck boat parade.

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