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Best March Madness 2025 Betting Odds, Sites & Promos

It’s never too early to check out March Madness betting sites, grab promos and see the odds for which college basketball team will cut down the nets. Top sites offer generous March Madness betting promos that include guaranteed bonus bets. We have analyzed the top March Madness online sportsbooks to determine which are the best to wager on sports’ most popular single-elimination tournament.
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Fact checked by Michael Kates
Updated Aug 29 2024, 05:33PM EDT
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Best March Madness Betting Promos

March Madness Betting SitesMarch Madness Promo CodeOffer
⭐ BetMGM˽ýӳTODAY🔥 Get Up to $1,500 in Bonus Bets if your First Bet Loses
⭐ Caesars Sportsbook˽ýӳTODAY1000🔥 $1,000 First Bet on Caesars
⭐ Fanatics SportsbookCLICK HERE🔥 Bet & Get up to $1,000 in Bonus Bets
⭐ FanDuelCLICK HERE🔥 Bet $5, Get $200 in Bonus Bets, Win or Lose
⭐ DraftKingsCLICK HERE🔥 Bet $5, Get $250 in Bonus Bets Instantly
⭐ bet365CLICK HERE🔥 First Bet Safety Net up to $1,000

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March Madness Odds 2024-25

Connecticut coach Dan Hurley celebrates his second consecutive national title at UConn after defeating Purdue 75-60 on April 8, 2024 . (Photo by Robert Deutsch / ˽ýӳ)

Just like with Super Bowl odds, NCAA Tournament and national championship odds for next year are released right after the nets get cut down from the previous season's title game.

Connecticut became the first back-to-back champions since the 2006 and 2007 Florida Gators and stand to be a serious contender to three-peat in 2025. With head coach Dan Hurley spurning the Lakers to come back to Storrs, the Huskies are once again the favorites to win it all in San Antonio.

Here are the top 10 NCAA men's basketball championship contenders for next season on sports betting apps.

  • UConn Huskies (+900)
  • Kansas Jayhawks (+1000)
  • Duke Blue Devils (+1000)
  • Alabama Crimson Tide (+1100)
  • Houston Cougars (+1800)
  • North Carolina Tar Heels (+1600)
  • Gonzaga Bulldogs (+1800)
  • Baylor Bears (+2200)
  • Iowa State (+3000)
  • Auburn (+3500)
  • Arkansas Razorbacks (+2200)
  • Kentucky Wildcats (+3000)
  • Arizona Wildcats (+2500)

Odds via DraftKings (maybe use a widget)

These futures odds should remain fairly steady until the season begins, but they will fluctuate once the season begins in early November, as conference seasons begin in late December and we get closer to March Madness.  

During the season as more markets become available, you will be able to bet on different outcomes such as a team to make it to the Final Four or other futures.

Bettors will want to consider the current prospects of the teams they’re interested in betting on and then decide whether it’s time to jump on their odds now or wait until they may be more favorable later once the season begins.

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Must be 21+ to participate. T&Cs apply.

When is March Madness 2025?

March Madness 2025 will begin March 18 and 19 with the First Four after Selection Sunday sets the field. The tournament will unfold over the next three weekends, culminating with the Final Four in San Antonio with the Alamodome as the venue. The national title game is April 7, 2025.

The best online sportsbooks have already released the odds for the National Championship next season, and players can even wager on Thanksgiving tournaments, conference champions and even National Player of the Year on March Madness betting sites.

There's no wrong time to check out the latest sportsbook promos to get the most value possible. Locking in a bet early in the offseason when odds are longer can be a successful strategy, but sometimes it pays off to wait until the odds dip during the season. No matter what you want to bet on, starting with these offers means unlocking great welcome bonuses to kick off your betting experience.

How March Madness Odds Work

Here’s how March Madness odds work: Futures are wagers on which team will win the NCAA Tournament. In nearly all circumstances (until the title game), that means all teams will have plus odds, signifying how much a bettor stands to profit on a $100 wager. For instance, a $100 bet on Duke to win the NCAA Championship at +1000 odds would profit $1,000. The bettor would get his wager back plus the winnings, thus equaling an $1,100 payout.

If the odds start with a minus sign, it signals how much a bettor would need to risk in order to profit $100. Traditional March Madness odds such as spreads and totals have odds between -105 and -125, while favorites of individual games have minus odds.

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March Madness Betting Sites Reviewed By Experts

Bettors will have choices when it comes to choosing the best college basketball betting sites. We’ll dive into each of the top operators and explain what makes them a great destination to make your March Madness bets. Remember, you can register for as many college basketball betting promos as there are legal operators in the state where you’re located. 

1. BetMGM

College basketball fans will love everything that BetMGM provides players, from profit boosts to a great rewards program that puts even more offers in your virtual wallet. New players who use the BetMGM bonus code ˽ýӳTODAY will unlock a First-Bet Offer up to $1,500 that pays back a losing first wager with up to $,1,500 in bonus bets. .

Top App Features

  • 🤩 Odds boosts and insurance are cleanly listed so you know what promotions are available to you
  • 🤩 Rewards program lets you rack up redeemable points with every bet you place
  • 🤩 Parlay Builder tool makes it simple to build your high-paying parlays

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2. Caesars Sportsbook

A state-of-the-art mobile betting app, dozens of daily odds boosts and an elite rewards program mean all types of college basketball bettors will find something to love about Caesars Sportsbook. Players can also pick up one of the industry’s leading welcome bonus offers when they sign up with the Caesars Sportsbook promo code ˽ýӳTODAY1000.

Using it unlocks a First Bet On Us up to $1,000, which earns players cash profit with a win or a single matching bonus bet with a loss. No matter what happens with your first March Madness bet, you’re receiving something back, thanks to this tremendous offer.

Top App Features

  • 🤩 One of the quickest and smoothest apps in the industry
  • 🤩 Promotions and bonuses are easily accessible so players know what’s available to them
  • 🤩 Simple rewards program hands out excellent offers ranging from bonus bets to physical stays at Caesars Entertainment locations

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Must be 21+ to participate. T&Cs apply.

3. Fanatics Sportsbook

Fanatics Sportsbook is one of the newest operators, and it’s quickly becoming a go-to destination come tournament time for college basketball bettors. The Fanatics Sportsbook promo gives new customers up to $1,000 in bonus bets – up to $100 a day for the first 10 days after you open your new account. The first wager you place each day will be matched whether you win or lose it, but you can also earn cash profit on the qualifying bet.

Top App Features

  • 🤩 Personalized daily bonuses make for a great user experience
  • 🤩 Odds boosts increase potential payouts on your wagers.
  • 🤩 You will earn FanCash every time you place a bet, which can be redeemed for bonus bets or to purchase items at Fanatics.com’s merchandise store 

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4. DraftKings

DraftKings is an excellent March Madness online betting app for players looking to play with odds boosts and free-to-play contests. With constant opportunities to increase your potential payouts or grab bet protection that pays out losses in the form of bonus bets, your odds for earning cash profit often increase at this industry leader.

In addition, the DraftKings promo code offer delivers new players with a Bet $5, Get $250 in Bonus Bets Instantly welcome offer. Place any $5 wager on the odds of your choosing and earn 10 $25 guaranteed bonus bets on top of any cash profit if that qualifying wager also wins.

Top App Features

  • 🤩 Easily accessible and visible promotions mean you'll always know what's available to you before you place your bets
  • 🤩 The Social Hub lets you interact with friends, discuss your wagers and show off your wins
  • 🤩 Free-to-play contests deliver the potential for real cash prizes without players using any of their own funds

5. bet365

The world's largest online sports betting site is staking its claim in the United States, and it's easy to see why. The website and app have the cleanest layout of any operator, creating a stellar user experience that is easy and fun to use. New users also have the opportunity to use the bet365 bonus code offer that delivers a choice of two welcome bonus offers: Bet $5, Get $200 in bonus bets instantly or a First Bet Safety Net up to $1,000. Players can choose the welcome bonus offer that best suits their betting needs and start playing with one of the true industry leaders.

Top App Features

  • 🤩 Plentiful odds boosts on the biggest college basketball games of a given night
  • 🤩 Great app layout, color scheme and navigation make for an elite user experience
  • 🤩 Great live-betting functionality allows bettors to place in-game wagers

6. FanDuel

FanDuel is the industry’s most popular March Madness sports betting site. Beyond its excellent boosts, elite live-betting experience and free-to-play contests, the FanDuel promo code offer provides players with $200 in bonus bets after they place a $5 or more opening wager. Given the number of heavy favorites in college basketball, it should be easy to find a winner most nights.

Top App Features

  • 🤩 Running statistics make it simple to track your open bets
  • 🤩 One of the quickest mobile betting apps for live-betting
  • 🤩 New Parlay Hub makes it simple to build parlays and see how many others have wagered on the same ones

Bet $5, Get $200 in Bonus Bets + 3 Weeks of NFL Sunday Ticket


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7. BetRivers

Die-hard college hoops fans will love the online sports betting experience at BetRivers, which caters to local teams as much as any operator on this list. 

New players will also enjoy using the BetRivers promo code when registering for a new account to earn a second-chance bet up to $500. While this is a smaller max wager than some of the other operators on this list, most bettors should have no problem with it. 

Top App Features

  • 🤩 Easy-to-use navigation toolbar makes all pages accessible
  • 🤩 Local flare that provides bonuses on in-state teams
  • 🤩 Clean layout makes finding the odds you're most interested in simple

8. ESPN BET

ESPN is now part of the online sports betting community, but it’s making a splash with the ESPN BET promo TODAY. All new players who sign up with it will receive a First Bet Reset up to $1,000, meaning they’ll earn cash profit with a win or bonus bets back with a loss.  

Top App Features

  • 🤩 First-Bet Reset up to $1000
  • 🤩 Plenty of betting markets for college basketball fans all over
  • 🤩 Clean layout and easy-to-use navigation

March Madness Betting Apps Rated

📱 Sportsbook App ⭐ Apple Store Rating ⭐ Google Play Rating
Fanatics Sportsbook 4.7 4.6
BetMGM 4.8 4.5
Caesars Sportsbook 4.6 4.3
bet365 4.8 4.7
FanDuel 4.9 4.6
DraftKings 4.8 4.7
BetRivers 4.4 3.9
ESPN BET4.8 4.3

🎁 NCAA March Madness Betting Promotions

All of these March Madness promotions all have a common theme that they give players a head start on their online sports betting experience with the potential for increased payouts. But each has its own features that make them unique to the players who use them. Here are examples for the types of offers you’ll find with the operators we’ve listed.

Bonus Bets/Bet Credits

Bonus bets and bet credits are one of the most popular offers for new bettors looking to test out a site, as they often provide you with extra wagers either just for making a wager or for winning your first wager. These bonus bets/bet credits all have a 1x playthrough, meaning you can cash out any winnings from the initial wager using them.

Deposit Match Bonuses

The more you deposit, the more you earn with these types of March Madness betting promo opportunities. March Madness betting sites will match a percentage of your deposit amount (as little as 20% or as much as 100% in most instances) in the form of bonus bets. You’ll have additional funds in your account before you ever place a wager. 

No Deposit Bonuses

No-deposit bonuses provide players with bonus bets that do not require you to deposit funds or play any of your own money and are most common around state launches, but have also been March Madness betting promotions as well. 

$1,000 First Bet on Caesars


Must be 21+ to participate. T&Cs apply.

Parlay Insurance

When it comes to promos, this type of insurance is great in case your parlays don't pan out. When this promotion is offered by March Madness betting sites, losing bettors will receive a bonus bet in an equal amount of what they wagered (usually capped at $5 or $10, but sometimes up to $25). The insurance lets players stretch their limits a little bit to try and win big on the parlays they place, knowing something’s coming back to them if it loses.

Odds Boosts

Odds boosts during March Madness increase potential payouts on specific wagers. These are called profit boosts if you are allowed to pick which bet to apply them to, and they’re no-brainers to use when offered. For example, an odds boost that turns +150 odds to +200 odds means a $100 wager pays out $200 in profit instead of $150. Nothing changes for the bettor other than the potential profit he or she can earn from a wager.

Contest Offers

Some of the larger operators like DraftKings and FanDuel offer free-to-play contests that pay out real cash prizes. Other March Madness bonuses like this include wagering on a team to win the national title and earning a bonus bet for each NCAA Men's Basketball Tournament they win.

March Madness Bet Types

There are hundreds of bets available on all March Madness games. Here are examples of the most popular bet types we think players will use most often:

Moneyline

This is a wager on which team will win the game outright. Point differential and total points do not come into play with the moneyline. Favorites such as Nos. 1, 2 and 3 seeds cost more to bet on (-200, for example, means a $200 bet earns $100 in profit), while underdogs pay out more (+350, for example, means a $100 bet earns $350 profit). Underdogs, specifically during March Madness, can provide serious value given the number of upsets we see during the tournament.

Point Spreads

Oddsmakers set point spreads for each March Madness game that adds points to an underdog’s score or subtracts it from the favorite’s point total. It makes games more interesting because teams that don’t stand a chance of winning outright can still cover the spread and earn bettors a win. A No. 16 seed whose spread is +27.5 would cover if it loses by 27 or fewer points (or wins the game outright). That top seed would cover -27.5 if it wins by 28 or more points.

Totals

Oddsmakers set a total predicting the combined score of two teams, and bettors then wager on whether the final score will be over or under that set number. The explosion of the 3-pointer, late fouls and overtimes which are common in March Madness make these fun bets to place. 

Check Out BetMGM Here


Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, KS, KY NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in MS, NV or NY.

Futures

These are college basketball odds on season-long outcomes such as national champion, Naismith Player of the Year and conference champions such as Connecticut to win the Big East. Futures change throughout the year based on what’s happened up to that point in the season, and bettors can wager on these futures all the way through the end of March Madness. 

Parlays

These are a combination of two or more individual wagers that produce increased odds. However, all individual bets must be successful (or push) for the parlay to pay out. Even one loss means a parlay pays out zero, so there’s plenty of risk here despite the potential big payouts.

Player Props

These are wagers on individual statistical occurrences within a specific game. The most popular player props include points, rebounds, assists or a combination of the three. Players can also wager on the first scorer of a game among other options. Note that some states forbid player props, so they simply won’t show up in the available odds.

Team Props

These are wagers on team statistical occurrences within a game. Examples include choosing which team will score 10 points first or over/under total of points a team will score. These odds for March Madness betting sites are less popular than player props, but the discrepancy in styles of play during March Madness means bettors can find some good value here.

In-Game Live Betting

All March Madness betting sites will have live odds on the moneyline, spread and total throughout the duration of the game. Some may even have live player props to wager on while a game is going on. Considering the wild runs and chaotic finishes that March Madness has every year, there’s real value here along with plenty of fun with these types of wagers.

📲 Download March Madness Sports Betting Apps

The top March Madness sports betting apps are easy to access and to get started on. These March Madness betting apps provide players with all the same features of the desktop version, and the ability to turn on push notifications means many prefer using the apps so they don't miss any potential bonuses and offers.

Signing up for a new account using the free-to-download mobile apps with Apple or Android devices requires completing just a few short steps.

  1. ✅ Download any of the March Madness betting apps at the Google Play Store or Apple App Store for free
  2. ✅ Sign into the mobile betting app or register for a new account; if you’re signing up, make sure you enter the appropriate promo code to unlock your welcome bonus offer
  3. ✅ Turn on push notifications so you receive daily offers and promotions available to you
  4. ✅ Deposit funds into your account and start placing bets on all the great March Madness action

Bet on March Madness Odds

March Madness is what online sports betting is all about. First there are conference tournaments. Then, the NCAA Tournament, and with 67 games in a single elimination tournament, buzzer beaters, backdoor covers and improbable outcomes all make for a stellar betting experience.

No matter what your favorite team's March Madness odds look like, there's something for everyone with the various March Madness online betting apps and sites. Get started now so you’re ready to roll once the bracket is revealed and start betting on all of your favorite teams.

March Madness Betting Sites FAQs

Many states allow bettors to place wagers on March Madness, but you’ll need to look into the specifics depending on where you’re betting, as some prohibit wagering on in-state teams.
The best March Madness betting promo is the one that caters best to your needs. Whether it’s first-bet protection or a guarantee of bonus bets, there’s something for all types of players.
BetMGM lists Connecticut (+900) as the early favorite to win March Madness, followed closely by Kansas (+950), Duke (+1000), Alabama (+1200) and Houston (+1600). These March Madness odds will change throughout the course of the college basketball season.
BetMGM and Caesars Sportsbook both offer excellent welcome bonus offers to new players for March Madness. On top of the welcome offers, you’ll also gain access to all the great features they provide players like odds boosts, stellar mobiles apps and rewards programs.
The best March Madness betting sites are BetMGM and Caesars Sportsbook, according to our experts, but ultimately all of our recommended sites deliver a great user experience, and the best one for you is the one that best fills your needs.
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Gannett may earn revenue from sports betting operators and sports betting partners for audience referrals. The ˽ýӳ Network newsroom and editorial staff maintains direction on this content, which is created by partner staff. Sports betting operators have no influence over our news coverage. See applicable operator site for its terms and conditions. If you or someone you know has a gambling problem, help is available. Call the National Council on Problem Gambling 24/7 at 1-800-GAMBLER. Must be 21 or older to gamble. Sports betting and gambling are not legal in all locations. Be sure to comply with laws applicable where you reside.

Mark Strotman  for ˽ýӳToday.com/online-betting
Mark Strotman 13 Articles written
Mark Strotman has been writing about sports betting and online casinos since 2018, including daily picks on the NBA and MLB, reviews of the top online sportsbooks and casinos, and analyses of the industry's best sportsbook promos. Mark covered the Chicago Bulls and NBA for NBC Sports Chicago for eight years. From 2012 to 2019, he was a daily beat writer covering the team from all angles. He also covers the Marquette men's basketball team for Paint Touches, a website he co-founded in 2012. His work had also been featured on ESPN.com, FoxSports.com, The Chicago Tribune and Yahoo Sports among other publications. He graduated from Marquette University, where he covered the men's basketball team for three seasons, in 2012.