DraftKings March Madness Promo Code: Bet $5 Get $200 Free Bets

UCLA is one of the many teams you can use your free bets on with DraftKings. Mandatory Credit: Stephen R. Sylvanie – USA TODAY Sports

DraftKings seems to be swept away by the March Madness craze if their new client offering is anything to go by, such as with new users being able to claim $200 in free bets as a just $5 bet without needing to a promotional code.

Bet $5 on College Basketball and get $200 in free bets

New users only, 21+. Available in AZ, CO, IA, IL, IN, LA, MI, NJ, NY, PA, TN, VA, WV, WY only. Deposit bonuses issued in the form of site credits. Full terms and conditions apply. Visit the site

Users who have already registered an account with DraftKings sportsbook will unfortunately not be able to participate in this offer, as this promotion is only available to new customers.

No promo code is required to claim this offer, making it easy to get involved and claim your $200 in free bets to use at any March Madness market of your choice.

FanDuel Sportsbook logo Get $1000 risk free bet Claim this offer 21+. New customers only. AZ, CO, CT, IA, IL, IN, LA, MI, NJ, PA, TN, VA, WV only. T&Cs apply
logo bet365 Bet $1 Get $200 in free bets Claim this offer New players only, 21 years or older. Available only in New Jersey. $10 deposit required. Free bets added to the balance of free bet credits. Free bet risk excluded from returns. Terms and conditions, time limits and exclusions apply.
DraftKings Sportsbook Logo GET $50 FREE BET WITH FIRST DEPOSIT + DEPOSIT BONUS UP TO $1000 Claim this offer First deposit only. 21+. NY/NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only. Deposit bonuses issued in the form of site credits. Full terms and conditions apply.
Caesars Sportsbook Logo Get up to $1100 in first bet insurance Claim this offer You must use the promotional code MAXSPORTNJNEW. New players only, 21 years or older. New York only. Full terms and conditions apply.
BetMGM logo Risk-free first bet up to $1,000 Claim this offer New customers only. Must be 21 years or older. NJ, CO, DC, IA, IN, MI, NV, PA, TN, WV, IA, VA, WV, WY only. Full terms and conditions apply. *The one-year free subscription to NJ.com is only available to New Jersey players.

Learn more about the best sports betting sites

  1. Access DraftKings Sportsbook via the offer above
  2. Press the “Sign me up” button
  3. Enter and verify your personal information
  4. No promotional code is required to benefit from this promotion
  5. Carefully read the terms and conditions of the offer
  6. Finish setting up your account
  7. Make your initial deposit of $5
  8. Place a $5 bet on any Moneyline March Madness market
  9. You will receive $200 in free bets once your qualifying bet is settled
  10. Free bets valid for seven days and issued as eight tokens x $25
  11. Free bets cannot be withdrawn for real money

No promo code will be needed to claim this offer from DraftKings, just head to their bookie via the offer above and create an account.

Once done, simply make a $5 deposit and place a $5 bet on any Moneyline March Madness market, and you will then receive $200 in free bets once that bet has been settled.

These free bets will be issued in the form of eight $25 free bet tokens, these tokens last for seven days, you will not be able to use them after this time has elapsed.

You also won’t be able to cash out these free bets for real money, but you can place them on any March Madness market that catches your eye.

  • Must be physically located in AZ, CO, CT, IA, IN, LA, MI, NJ, NY, PA, TN, VA, WY or WV. (“each an “Eligible State” or, collectively, the “Eligible States”).
  • Must be 21 or older (18+ in NH/WY)
  • Only for new DraftKings Sportsbook customers
  • Deposit $5+ into your Sportsbook account
  • Place a $5+ bet on any CBB Moneyline between 06/03/2022 and 04/04/2022
  • Once your bet is settled, you will receive $200 in free bets, in addition to the cash winnings of your original bet.
  • Your first $5+ bet placed on any CBB moneyline will be your qualifying bet
  • The bet must be placed before the start of the selected game
  • Bonus paid as eight (8) $25 free bets
  • Free bets valid for seven (7) days. Failure to use free bets will void the prize
  • Free bet amount is not included in returns or winnings
  • The free bet is also not redeemable for cash, non-transferable and non-refundable
  • One (1) qualifying bet per customer
  • Excludes odds boosts, live bets, parlays, free bets, cashed bets and void bets

Note to readers: we may earn a commission from offers and links on this page.

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