March Madness Betting: Best 2023 NCAA Tournament Sportsbook Promo Codes

March is here, which means it’s time for the nation to shift its attention to college basketball. Welcome to those of you who have been watching other sports but now figure it’s time to check out what’s going on in the world of NCAA hoops since March Madness is upon us. You’re in the right place. This page is your first stop for all things March Madness betting. We will go over some of the top online sports betting sites, current NCAA Tournament odds and which teams are favored to win it all, along with a breakdown of the best NCAA Tournament sportsbook promo codes. more. Let’s get started.

Best March Madness Sportsbook Promos for the NCAA Tournament

March Madness is the second biggest event for sports betting. In fact, the overall handle of wagering on the entire NCAA tournament is actually bigger than the Super Bowl. Sportsbooks are eager to handle your wagering and offer great new customer promotions to get people to try out their service. Here are five of our favorite sportsbook promo codes for the NCAA Tournament:

BetMGM

• New customers can get up to $1000 paid back in bonus bets if their first bet doesn’t win
• Click here to sign up for a BetMGM account
• Be sure to use the promo code LABSTOP when prompted so you can get this great offer

FanDuel

• New customers at FanDuel can get a No Sweat First Bet up to $1000
• Similar to BetMGM, your first bet will be paid back in bonus bets if it comes up short
• Click here to sign up for a FanDuel account. No promo code needed

Bet365

• Anyone in NJ, CO, VA, or OH who opens a bet365 account and bets just one dollar ($1) can get $200 in bet credits.
• Click here to sign up for a bet365 account. No promo code needed

Caesars Sportsbook

• Caesars is offering to $1250 in bonus bets ($1500 in Ohio) if a customer’s first bet doesn’t win
• Click here to sign up for a Caesars Sportsbook account
• Be sure to use promo code LABSNEWSFULL when prompted to get this great offer

PointsBet

• At PointsBet you can get up to $500 in second chance bets. Just like the other offers, if your first bet comes up short, PointsBet will give you a “second chance” in the form of bonus bets, up to $500
• Click here to sign up for a PointsBet account. No promo code needed

Three March Madness Betting Strategies

1. The point spread is your friend – Sportsbooks have been closely tracking NCAA hoops all season. The lines are pretty tight, but they aren’t NFL tight. There are going to be some mispriced spreads among all the games in the first round, particularly because each book tries to get their opening lines up as early as possible. A good place to look first is the high-seeded underdogs (14 vs. 3, 15 vs. 2, etc.). As you know, these games can be close and entertaining with hints of a possible upset, but often times the lower-seeded team ends up winning. That doesn’t mean they cover the spread, however. As the tournament goes on and the spreads tighten, picking a few big underdogs in the first round can be a fun and rewarding way to follow your picks.
2. When the public goes Over, go Under – The contrarian bet has always been a popular option for bettors of any sport. Fans want to see scoring, so they often bet the Over as if they are willing a high-scoring game into existence. Sportsbooks know this, of course, and they try to set the line high enough to get action on the Over while hoping that the final score comes up just short. Finding those lines that have been bet too high is a favorite strategy of contrarian bettors. This should be one of your strategies too. You can check out the line movement for every NCAA basketball game here on Fantasy Labs, and once you find a game you like that has big money on the Over, just go to your favorite sportsbook and take the Under.
3. Try out in-game wagering – In-game wagering is inherently riskier than pre-game wagering, but it can also be a successful betting strategy. Say Alabama was favored by 10 at the tipoff of their first-round game. Their opponent got out to a great start, going up by 6 after a few minutes. In-game, or live, wagering might then list Alabama as favored by 5 or 6, which means you get an extra 4 or 5 points just a few minutes into the game. Taking Alabama if they get down early gives you extra value if you expect them to come back and cover. This strategy is tricky because you have to follow the action closely and be ready to jump in and bet very quickly, but if you time it right you can get some added value for a team you expected to win before the game started.

NCAA Tournament Betting Odds

Here are the top 10 betting favorites to win the Title. Odds from our friends at Barstool Sportsbook.

• Houston +750
• Kansas +800
• UCLA +900
• Alabama +900
• Purdue +1100
• Gonzaga +1400
• Arizona +1500
• Baylor +1500
• UConn +1600
• Texas +2500

This year’s Tournament is as wide open as it has been in many years. There is no runaway favorite this year. Any one of those 10 teams has a reasonable chance to win the whole thing. Or another dark horse like Marquette, Indiana, or even TCU could come out of nowhere and make a run at the title. It’s going to be a wild ride.

NCAA Basketball DFS Games

Several of the more popular DFS brands offer pick ’em games for college basketball. Similar to the other sports available, different metrics, such as rebounds, points, and assists, are posted and you just have to pick whether the player will get more or less than the listed number. For example, the Over/Under Gonzaga star forward Drew Timme was listed in a recent game at 19.5 points. All you need to do is predict whether he will get over or under that number. Very easy. Here are all the DFS companies offering March Madness DFS pick ’em games

PrizePicks – Let’s start out with the DFS site that offers the most metrics to choose from. Any DFS site can offer pick ’em choices on just points. It takes a little more work to add in rebounds, assists, fantasy scores, and 3-pointers made. Those are your choices at PrizePicks, and that is the widest variety of options we have found for college hoops. Unofficially, PrizePicks also offers the most players to choose from. We haven’t counted all the players offered by all the DFS sites, but PrizePicks sure looks like they have the most, so we are going to assume they do since we really like the DFS games they offer. If you’re starting out in DFS, you should go to PrizePicks first and check out their pick ’em games for March Madness.

Underdog Fantasy – Underdog and PrizePicks are the top two sites for NCAA basketball pick ’em games. They each have a wide variety of options for pick ’em entries. Underdog offers Higher/Lower games for a wide variety individual players with a bunch of different metrics to pick from (rebounds, points+rebounds+assists, points, 3-pointers made, assists). It’s a really good option for anyone interested in March Madness DFS.

Sleeper Fantasy – Sleeper has always done things a little differently. Instead of pick ’em games, Sleeper is offering an NCAA Bracket Mania pool. This is just like the bracket pools that everyone has done for decades, but it’s managed by Sleeper and is much easier to sign up for and make picks. Not much separates it from pools offered by Yahoo or ESPN, but those who enjoy Sleeper for other games will appreciate this new option for March Madness.

Vivid Picks – Vivid Picks offers Over/Under pick’em games for NCAA basketball. This is similar to what they offer for all the other major sports, and they have had this option all season, so they know their stuff. All you have to do is pick whether a certain player will get over or under a certain metric, like points, rebounds, and so on. The payouts start at 3x for 2 correct picks and goes up to 16x if you somehow get 5 out of 5 picks correct. Vivid doesn’t have the variety of metrics that other DFS sites feature, sticking mostly to points, but all the tournament games should be featured and it’s a decent option if you use Vivid Picks for other DFS games.

Boom Fantasy – Presenting offerings in a new way is important for DFS operators to separate themselves from the pack. Boom Fantasy definitely has a different way of picking entries, but whether it’s better is up for debate. Boom offers More/Less games similar to other DFS sites. The difference is the options are broken down into three categories:  toss-ups, long shots, and favorites. Each category has different player options and different metrics. This way of playing DFS isn’t for everyone, but it’s worth checking out, particularly if you use our promo code to grab a great offer.

Thrive Fantasy – No NCAA basketball DFS games listed

StatHero – No NCAA basketball DFS games listed

Sorare – No NCAA basketball DFS games listed