The 2025 NCAA Men’s Basketball Tournament bracket is officially set, and March Madness is ready to tip off. With 68 teams competing for a national championship, every game brings high stakes, upsets, and unforgettable moments. As the tournament gets underway, DraftKings Sportsbook is offering new users a Bet $5, Get $200 Bonus Bets sportsbook promo. No DraftKings promo code is required to claim this offer—just sign up, deposit, and place a bet on any NCAA Tournament game.
Bet $5, Get $200
How the 'Bet $5, Get $200' offer works for March Madness
Before placing your bet on March Madness, here are the key details of the DraftKings Sportsbook sign-up offer:
- New users must make a minimum deposit of $5 after signing up.
- Place a $5 wager on any NCAA Tournament game, and win or lose, you will receive $200 in bonus bets.
- Bonus bets are issued as eight (8) $25 bonus bets and will be credited within 72 hours.
- If your initial bet wins, you will receive your standard cash winnings in addition to the bonus bets.
- Bonus bets expire seven days (168 hours) after issuance and do not include the stake in any winnings.
With the NCAA Tournament featuring Cinderella runs and top-seed dominance, this offer allows new users to maximize their first bet. Whether you’re backing a tournament favorite or an underdog with momentum, this promotion ensures you’ll have plenty of action throughout March Madness.
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Offer available to first-time customers in the following states: AZ, CO, CT, DC (18+), IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT WY (18+), WV . Not available to residents of Ontario, CA.
How to claim a $200 bonus without a DraftKings promo code
New users can sign up with DraftKings Sportsbook and claim this offer in just a few steps:
- Register – Create a DraftKings Sportsbook account by providing basic personal details for verification. No DraftKings promo code is needed.
- Deposit Funds – Make a minimum $5 deposit to qualify for the offer.
- Place Your Bet – Wager at least $5 on any NCAA Tournament game, including First Four matchups or opening-round showdowns.
- Collect Bonus Bets – Win or lose, you will receive $200 in bonus bets within 72 hours.
Don’t miss your chance to get in on March Madness betting with one of the top sportsbooks in the industry. Sign up today and start betting on the NCAA Tournament! For more details, check out our in-depth DraftKings Sportsbook review.
Sportsbook promos comparison
Choosing the right sportsbook promo for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.
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|---|---|---|---|
| Current Bonus | Bet $5, Get $200, Instantly | Bet $5, Get $200, If Your Bet Wins | $1,500 Bonus Bets Back |
| Promo Code | None Required | None Required | CVRBONUS1500 |
| Bonus Type | Bet & Get | Bet & Get | Second Chance Bet |
| Bonus Amount | $200 Bonus Bets | $200 Bonus Bets | One (< $50) or five (> $50) bonus bets |
| Wagering Period | Seven Days | Fourteen Days | Seven Days |
| Min. Deposit | $5 | $5 | $10 |
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