4 best March Madness promos for NY sports betting apps

Sports Betting March Madness
General view of the March Madness logo during practice the day before the start of the First Four of the 2022 NCAA Tournament at UD Arena.
Rick Osentoski-USA TODAY Sports

The NBA playoffs may be right around the corner, but March Madness is here and now! Perhaps one of the most exciting times of the year got a little bit more amped up this year with online sports betting now legal in New York.

Sportsbooks across the Empire State are pulling out all the stops to try and lure new customers to their platforms as everyone breaks out their brackets to try and win big. That means the top online sportsbook operators are offering everything from risk-free bets to the best odds that will help users make their March Madness that much more exciting.

With the madness here, let’s take a look at the four best New York sports betting app promos for the NCAA Tournament.

Caesars Sportsbook

Caesars Sportsbook has taken the New York market by storm since it launched in January by offering up some of the best overall new player bonuses. That isn’t changing during tournament time as all new players will get a risk-free bet worth up to $1,100.

Once users have joined, the app will have dozens of boosts spread across all the action during the NCAA tournament. A player can expect a rotating cycle of secondary offers, including risk-free same game parlay specials, free bet offers, bonus cash specials, and profit boosts.

Caesars Sportsbook
States: NY, LA, AZ, CO, CT, IA, IL, IN, MI, NJ, TN, VA, WV
New Player Bonus
$1,100 risk-free
first bet

DraftKings Sportsbook

It’s hard to pass up on what DraftKings Sportsbook is offering for New York betters on its mobile app this year for March Madness. The offer is a pretty straightforward one, with players being able to dial up 40-1 odds with a bet $5, win $200 on any NCAA Tournament game. Regardless of the standard market odds, players can pull for the underdog, cheer on the top seed or bet with their heart on their alma matter with this special.

Similar to Ceasars, DraftKings is offering plenty of odds boosts, profit boosts and a special offer on the Gonzaga vs. Georgia State game. Users will be able to apply a special $50 max bet odds boost on Gonzaga, which is +100 going into the game, to knock off Georgia State.

Draftkings Sportsbook
States: NY, LA, AZ, CO, Il, IN, IA, MI, NH, NJ, PA, TN, VA, WV
New Player Bonus
40-1 odds boost
Gonzaga no-brainer


Another well-known player since New York legalized mobile sports betting, Fanduel is breaking out the stops for the tourney. Players can get an instant 30-1 bonus by simply betting on any team to win any March Madness game. Players will turn a $5 wager into a $150 bonus that they can use on any game after that.

This offer is hard to pass up when it comes to the deals being put out there since it has the potential to turn into a substantial payout for those that take advantage of it.

Fanduel Sportsbook
States: NY, LA, AZ, CO, CT, IA, IL, IN, MI, NJ, PA, TN, VA, WV
New Player Bonus
30-1 payout
March Madness


NBA betters may be familiar with the special that BetMGM is running for this year’s NCAA Tournament. New users who bet $10 get a $200 bonus, but it comes with a catch. One of the two teams in the game that was bet on has to connect on at least one three-point shot.

The promotion certainly adds a new element to the wager, but players can win on their qualifying bet as well as being able to get $200 as long either team can do their best Seth Curry impression and knock down a three. The three-point shot element makes this a promo that will payout in just a matter of time. The special runs from Tuesday morning through the end of the tournament.

BetMGM Sportsbook
Get your risk-free $1,000 bet today!
New Player Bonus
Bet $10 Win $200
3-pointer any team