Selection Sunday is over, and March Madness is officially underway. The North Carolina Tar Heels are making their First Four debut, unfamiliar territory for the program that boasts the most all-time wins (133) in the NCAA Tournament's history. Staring them down will be fellow No. 11 seed San Diego State, making its 12th Big Dance appearance in the last 15 seasons. For this heated matchup and all others of the tournament, you can get in on the action via DraftKings Sportsbook's bet $5, get $200 in bonus bets reward — one of the top sportsbook promos for new users. No DraftKings promo code is necessary, either.
Bet $5, Get $200
How to get the 'Bet $5, Get $200' offer for March Madness
While you don't need a DraftKings promo code to access the sportsbook's bet $5, get $200 in bonus bets reward, there are other notable terms and conditions attached to the offer. I've broken them down for you here:
- Make an initial minimum deposit of $5 or more.
- Place a $5 bet on any NCAA Tournament game to receive $200 in bonus bets — win or lose.
- The bonus bets will arrive within 72 hours as eight (8) $25 bets.
- Should your first bet prove successful, you will get your cash winnings in addition to the bonus bets.
- If you do not use the bonus bets within seven days, they will expire.
- Remember: Wagers made with bonus bets do not include the stake in any winnings.
For a deeper look at the sports betting platform, be sure to check out our thorough DraftKings review.
Snag a No Sweat Offer from DraftKings Every Day
All Users
College basketball no sweat
Place a parlay or SGP(x) wager on college basketball and get a bonus bet back if you lose! Claim Now
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 the DraftKings $200 Promo
Collecting one of the top March Madness betting promos is straightforward — follow our instructions below to claim the offer in minutes:
- Sign up – Register for a DraftKings Sportsbook account by providing basic personal information. Again, no DraftKings promo code is necessary.
- Deposit funds – Put down a minimum $5 deposit in real cash.
- Place your wager – Bet $5 or more on any NCAA Tournament game, such as First Four matchups.
- Collect bonus bets – Whether you win or lose, you will receive $200 in bonus bets within 72 hours.
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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 |
 |
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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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