March Madness is here, and DraftKings Sportsbook is giving new bettors a slam-dunk offer. Right now, new users can bet $5 and get $200 in bonus bets, win or lose—and the best part? No DraftKings promo code is required. This deal is perfect for wagering on Thursday’s NCAA Tournament matchups, including McNeese State vs. Clemson, VCU vs. BYU, Georgia vs. Gonzaga, and Wofford vs. Tennessee.
Whether you’re backing Clemson as a No. 5 seed, VCU in an underdog spot, or Gonzaga to continue its streak of deep tournament runs, sportsbook promos like this give you a boost right from the tip-off.
Bet $5, Get $200
How the 'Bet $5, Get $200' offer works without a DraftKings promo code
DraftKings’ bet $5, get $200 bonus bets deal is available for new customers only, and no DraftKings promo code is required. Here’s how it works:
- Sign up and deposit at least $5 into your new DraftKings account.
- Place a $5 qualifying bet on any NCAA Tournament matchup, including McNeese State vs. Clemson, VCU vs. BYU, Georgia vs. Gonzaga, or Wofford vs. Tennessee.
- Win or lose, DraftKings will issue you $200 in bonus bets—typically within 72 hours.
- The $200 bonus is split into eight (8) $25 bonus bets.
- Bonus bets expire in seven days, so be sure to use them before the window closes.
For example, if you wager $5 on Gonzaga to beat Georgia and they win, you’ll collect your winnings plus your $200 bonus. Even if they lose, the $200 in bonus bets is still yours to use on upcoming games.
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DraftKings odds for This Afternoon's March Madness Games
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 get $200 bonus bets for the rest of Round 1
Getting started with DraftKings Sportsbook is quick and easy. Here’s a step-by-step guide to claiming the offer and betting on March Madness:
- Register: Sign up for DraftKings Sportsbook (no promo code required) and complete the account verification process.
- Deposit Funds: Make a minimum deposit of $5 to qualify for the welcome bonus.
- Place a Bet: Wager at least $5 on any NCAA Tournament game, including McNeese State vs. Clemson, VCU vs. BYU, Georgia vs. Gonzaga, or Wofford vs. Tennessee.
- Receive Bonus Bets: Regardless of the outcome, you’ll receive $200 in bonus bets in your account.
- Use Bonus Bets: Apply your bonus bets on upcoming matchups, including March Madness games, NBA, MLB, and more.
Get in on the action today and take advantage of this exclusive NCAA Tournament betting bonus. No DraftKings promo code is needed—just sign up, bet $5, and enjoy $200 in bonus bets!
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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