NCAA Basketball Sports Betting Promos and Bonus Codes 2022

November 8, 2022

The NCAA Division I Men's Basketball Tournament is a single-elimination tournament played annually in the spring.

The Kansas Jayhawks won the 2022 NCAA tournament championship by beating the North Carolina Tar Heels (72-69). The upcoming 2023 NCAA tournament championship will be held from March 14, 2023, to April 3, 2023. The match, known as March Madness, will involve 68 teams. The First Four games will be held in Dayton, Ohio, while the National Semifinals and Championship will be held in Houston, Texas.

There are some restrictions when betting on collegiate sports, such as athlete age restrictions, and many sportsbooks prohibit betting on local teams. For instance, sportsbooks in Indiana can't take bets on Indiana University. In other states, like Iowa, sportsbooks can't offer prop bets on college players.

However, it doesn’t mean you can’t place your bet on March Madness since there are many other alternatives to bet on. Try some of these sportsbook promos to elevate your NCAA Basketball betting experience.

SportsbookPromotionPromo Code
🏅 DraftKings SportsbookBet $5 Win $200 On Any BetNone Needed - Use Link
🏅 Caesars SportsbookUp To $1,250 On Caesars + 1000 Tier Credits + 1000 Reward Credits®SQOREFULL
🏅 BetMGM Sportsbook$1,000 Risk-Free BetSQORE1000 
🏅 FanDuel SportsbookNo Sweat Bet Up To $1000None Needed - Use Link
🏅 SI SportsbookBet $20 Win $200None Needed - Use Link
🏅 BetRivers Sportsbook2nd Chance Bet Up To $500SPORTS
🏅 MaximBet Sportsbook100% up to $1,000None Needed - Use Link
🏅 PointsBet Sportsbook$2,000 Risk-Free BetSQORE2000

DraftKings Sportsbook - Bet $5 Win $200

DraftKings is one of the leading online sportsbooks in the US and they have a special promotion just in time for the College basketball season. Simply make your first deposit bet $5+ on any pre-game moneyline win $200 in free bets if your team wins

Promo OfferBet $5 Win $200 On Any Bet
Promo CodeNone Needed - Use Link
Eligible StatesAZ, CO, CT, IA, IL, IN, KS, LA, NJ, NY, MI, PA, TN, VA, WV, WY

Bet $5 Win $200 free

DraftKings Sportsbook - 20% up to $1,000 deposit bonus

DraftKings Sportsbook offers a lot of rewards thanks to their associations with various major sports leagues. They are giving a 20% deposit bonus to their new recruits up to $1,000, with a minimum deposit of only $5. To get this promotion, you simply need to join using the link below and put in your first deposit.

Promo Offer:20% up to $1,000 deposit bonus.
Promo Code:None Needed - Use Link
Eligible States:AZ, CO, CT, IA, IL, IN, KS, LA, NJ, NY, MI, PA, TN, VA, WV, WY

$1000 bonus

Caesars Sportsbook - Up To $1,250 On Caesars + 1000 Tier Credits + 1000 Reward Credits®

With Caesars Sportsbook, your first bet is on the sportsbook itself, up to $1,250, in addition to 1,000 Tier Credits and 1,000 Reward Credits®. Before you can enjoy the exciting benefit, you must place a minimum initial wager of $10. After registering with our promo link below, all credits will be added to your Caesars account within seven days

Promo Offer:Up To $1,250 On Caesars + 1000 Tier Credits + 1000 Reward Credits®
Eligible States:AZ, CO, IA, IL, IN, LA, NJ, NY, MI, TN, VA, WV

$1250 bonus

FanDuel Sportsbook - No Sweat First Bet up to $1,000

FanDuel Sportsbook is a legit betting platform that constantly gives many great deals for its customers. Currently, FanDuel is offering a welcome promo for new users. 

If you register through the link your first bet is risk free, dont sweat it up to $1000.

Promo Offer:No Sweat First Bet Up To $1000
Promo Code:None Needed - Use Link
Eligible States:AZ, CO, CT, IA, IL, IN, LA, NJ, NY, MI, PA, TN, VA, WV, WY

$200 free

BetMGM Sportsbook - $1,000 Risk-Free Bet

BetMGM Sportsbook is the most notable name in the betting industry as they are the betting host for MGM Resorts International. They have a genuinely simple to-utilize mobile app and website with various sorts of offers and promotions. As of now, they are offering an up to $1,000 risk-free bet that you can claim just by signing up, entering the code below, making the $100 minimum deposit, and placing your first wager.

Promo Offer:Risk-free bet up to $1,000
Promo Code:SQORE1000
Eligible States:AZ, CO, DC, IA, IL, IN, LA, NJ, MI, MS, TN, VA, WV, WY

$1000 bonus

SI Sportsbook - Bet $20 Get $200

The welcome bonus at SI Sportsbook is one of the best in the business. Bet $50 on any game with a minimum odds of +120 and get $200 in free bets if it wins

Promo Offer:Bet $20 Win $200 (+120 odds or more)
Promo Code:None Needed - Use Link
Eligible States:CO, MI, VA

$200 bonus

Bet @SI
Bonus code: SI200

BetRivers Sportsbook - 2nd Chance Bet Up To $500

Operated by Rush Street Gaming Interactive, BetRivers Sportsbook gives a great experience with their coverage of different types of sports and events. Moreover, they have a 100% deposit bonus exclusively for their new sign-ups up to $250.

Promo Offer:2nd Chance Bet Up To $500
Promo Code:SPORTS
Eligible States:AZ, CO, IA, IL, IN, LA, NY, MI, PA, TN, VA, WV

$500 bonus

PointsBet Sportsbook - $2,000 Risk-free bet

PointsBet Sportsbook is a high-end sportsbook that gives its players an open and incredible betting experience. They have an extraordinary sign-up promotion in their current $2,000 risk-free bet. Just put the code beneath when you join, make the minimum deposit of $5 and make your first bet. On the off chance that you win the bet, it will carry out as it should be yet assuming you lose, you are attributed free wagers to the sum you lose up to $2,000.

Promo Offer:$2,000 Risk-Free Bet
Promo Code:SQORE2000
Eligible States:CO, IA, IL, IN, NJ, NY, PA, VA, WV

$2000 bonus

MaximBet Sportsbook - 100% up to $1,000

The Carousel Group, a prominent player in the gambling business, has teamed up with an international men's leisure magazine to create MaximBet Sportsbook. First-time customers can get a free bet match of up to $1,000 when they make a deposit.

Promo Offer:100% up to $1,000
Promo Code:None Needed - Use Link
Eligible States:CO

$1000 bonus

NCAA Basketball Overview

The NCAA Division I basketball national champion for the 2021–22 season was selected through a single-elimination tournament of 68 teams. The 83rd annual tournament was held from March 15 to April 4, 2022. In that tournament, the Kansas Jayhawks defeated the North Carolina Tar Heels 72-69 to win the school's fourth national championship.

Through this season's tournament, the Longwood Lancers and Bryant Bulldogs have made their tournament debuts as Big South Conference and Northeast Conference (NEC) champions, respectively. Neither could last long as the Wright State Raiders had beaten Bryant in the First Four, while Longwood was eliminated in the first round by the Tennessee Volunteers.

The next season's NCAA tournaments are scheduled to be held from March 14 to April 3, 2023. Several regions have been selected as venues for matches such as the University of Dayton Arena Ohio for the First Four and NRG Stadium Texas for the National Semifinals and Championship.

How to pick the best online sportsbook for NCAA Basketball betting?

✅ Know what you want to find

✅ Listen to what other people have said

✅ Check out what kinds of bets and sports are available

✅ Check to see if the app or website is easy to use

How to sign up on a betting site?

When registering with a betting site, you only need to provide the following information: your full name, your email address, a user name, a secure password for your account, your phone number, your birth date, and your social security number's last four digits.

After that, certain sportsbooks may require an initial deposit. All major credit cards, debit cards, and e-wallets are accepted by most sportsbooks.

Types of College Basketball bets


A moneyline bet is the most basic type of bet in sports betting. It's a bet on which team will win a game, in essence. A point spread or conditions are absent.

✅Point spreads

A point spread, also called "the spread," is a number used in sports betting to set a handicap between two teams. Oddsmakers at sportsbooks figure out the spread. Spread betting is used by oddsmakers to level the playing field because not all teams have the same level of skill.


Totals are how many points, runs, or goals a game is expected to have. Bettors can bet "over" or "under" a total, like 41 points, in a football game.


Prop bets are bets on things that aren't always done, like which team will score first or how many yards a player might get (or props). The term "game within a game" is often used to describe it. Most of the time, these bets are made on big sports events like the Super Bowl.

✅One-game parlay

Same-game parlays, also called single-game parlays, let gamblers combine multiple bets on the same game into a single parlay. In a sense, this is true, and the idea has been a huge success.

✅Live betting

Live betting, which is also called "in-play betting," is gambling that takes place during a game. People can bet on games at any time, not just before they start. This means that the odds change depending on how the game is going.


A bet on more than one team, either against the spread or the money line. For the wager to be successful, all of the participants must win (or payout) (or payout). The odds get better the more teams you bet on.

✅Alternate lines

The term "alternative lines" refers to betting on the spread or total of a sporting event rather than the individual game's points. When you buy points, your odds of losing decrease, so you'll have to pay more to have a better outcome. This bet is harder to win, but the potential rewards are greater as well.


With futures bets, you can guess how things will turn out in the long run. Futures bets are gambles on things that are likely to happen in the future. Future bets are the best way for a casual player to win a lot of money.


A type of bet that lets a person bet on two different sporting events at the same time. It's possible for bettors to alter the point spreads for both games, but doing so reduces the reward. There are many different kinds of teasers in sports betting, and basketball and football are just two examples.


In the "win both halves" bet, each half is examined independently. To bet that a team will win both halves is the same as betting that the team will win both halves. Your team will gain from both the first and second half scoring, which is what you bet on. Win each half. Bets can be made on any sport that has at least two halves. But football is where it is most often used.

Things to look out for when betting for College Basketball

✅Don't bet on your favorites or follow what the crowd thinks

✅If you can, look for plus money on the underdogs

✅Don't go with your gut, look at the numbers

✅The totals of baseball bets can be affected by the weather.


In which state are the sportsbooks that provide college basketball betting available?

Check out the list of states above to see if you live in one of those states.

How do I get into the sportsbooks?

You can use any web browser and any device to get to their site.

Do I have to live in one of the legal states?

You don't have to live in one of the legal states to have the app and use it.

Gus Anderson
Gus Anderson is a gambling wizard. As a kid he dreamt about becoming a Tennis, Hockey and Golf professional but ended up as a gambling professional with focus on both sports & casino.