NCAA College Basketball Betting Promos & Bonuses for 2024

This guide will review the best college basketball betting promos, provide a guidepost for the sign-up bonuses of each and give some instructions for creating new accounts with each of these NCAAB betting promos. College basketball is one of the most popular sports in America, so it is no surprise that there are many college basketball betting promotions to choose from at college basketball betting sites.

This section will give you some information on seven of the most popular NCAAB betting promos so that you can pick which of these sports betting sites you want to sign up for (though keep in mind that you can claim as many offers as you wish).

BetMGM NCAAB Betting Promo

The BetMGM bonus code ROTOBONUS is a terrific college basketball betting promo code due to the high ceiling of its first-bet offer. This first-bet protection weighs in at $1,500, so if you have an opening wager loss of up to $1,500, this NCAAB betting promo code will give you bonus bets back of equal value.

BetMGM pays out bonus bets in a slightly different way than other college basketball betting promotions, as an initial loss of $50 or more will see the bonus bet value divvied up over five equal value bonus bets (a loss of less than $50 gets one bonus bet).

Caesars Sportsbook NCAAB Betting Promo

New bettors who sign up for the Caesars Sportsbook promo code ROTO1000 will get up to $1,000 back as a bonus bet if their opening wager lands in the loss column. This longstanding college basketball betting promo code goes well with an upset pick, because you have a built-in second chance if that upset doesn't pan out.

The bonus bet from that loss is also very favorable when compared to the bonus bets offered by other NCAAB betting promos, as it has a two-week usage window.

Fanatics Sportsbook NCAAB Betting Promo

The Fanatics Sportsbook promo code is very popular among sports bettors who like to wager on a daily basis, as this college basketball betting promo grants new customers the ability to get bet and get up to $100 in bonus-bet credit a day for up to 10 days after signing up. If your opening wager each day settles as a loss, you will get matching bonus-bet credit.

You just need to create a new Fanatics Sportsbook account via the BET NOW link and then make a qualifying first bet (which must be a real money standard odds bet of -500 odds or longer). Fanatics Sportsbook will then match the value of that wager with bonus-bet credit of equal value, up to $100, if your bet settles as a loss. You can opt into another bet each of the next nine days, so the net result can be up to $1,000 in bonus bets.

bet365 NCAAB Betting Promo

The bet365 bonus code ROTOWIRE is a standout college basketball betting promo code because new customers who create an account with this deal will get to pick between a Bet $5, Get $200 in bonus bets offer or a first-bet safety net up to $1,000.

The bet-and-get offer is simple, as you just need to sign up and then place a real money wager of $5 or more and you'll get $200 in bonus bets. The first-bet safety net offsets an opening bet loss up to $1,000 with a bonus-bet credit of identical value.

FanDuel NCAAB Betting Promo

Using the FanDuel promo code delivers a Get $5, Win $150 in bonus bets offer. This college basketball betting promo truly is this easy, as you just need to make and win a real money wager of $5 or more on any odds (even massive favorites).

If your first bet settles as a winner, you will see the bonus bets in your account within 72 hours. The bonus bets from this college basketball betting bonus arrive in a lump sum, but you can break them down into smaller increments of any denomination during the seven days you get to use them.

DraftKings NCAAB Betting Promo

The DraftKings promo code delivers instantaneous value, as this college basketball betting bonus code has a Bet $5, Get $200 in bonus bets instantly offer. Once you've created a new DraftKings account with this NCAAB betting promo, just place a real money bet of $5 or more on any market and any odds.

You'll want to check your DraftKings account after that, as you will then see $200 in bonus bets there. These arrive as 8 bonus bets worth $25 each that you will have up to seven days to use.

ESPN BET NCAAB Betting Promo

The ESPN BET promo code ROTO will give you up to $1,500 in bonus bets if your opening wager settles as a loss. It's the type of college basketball betting bonus code that many sports bettors use on a plus-odds wager, as that is a strong combination of upside potential from the wager and downside protection from the NCAAB betting promo code.

That bonus bets are divided into five equal bets can be used for up to seven days after they arrive in your ESPN BET account. The minimum bet is $10 for this offer.

College basketball betting promos from sports betting sites offer different incentives to attract new customers. We take each of these into account when ranking each college basketball betting bonus code, with the following four considerations among the most important.

• Playthrough Requirements: College basketball bettors want the fastest path to turn bonus bets into withdrawable cash, which is what they get when an NCAAB betting promo code has a 1x playthrough. This means it takes only one win to convert the bonus bet into profits, and all of the college basketball betting promos detailed in this review have a 1x playthrough requirement.
• Bonus bet delivery time: The preferred bonus bet delivery time is immediate, as is the case with the DraftKings bet-and-get deal, but most deals have a short wait time. Our grading system prefers immediate, but none of the NCAAB betting bonus types listed here have a wait time of longer than 72 hours (and most bonus bets are delivered well before that 72-hour cap).
• Odds restrictions: The vast majority of bonus bets provided through college basketball betting promos have no odds restrictions. In the event of where an NCAAB betting bonus has an odds restriction, it should be reasonable, such as the Fanatics Sportsbook -500 odds it has on some welcome offers.
• Bonus bet usage time: The industry standard here is seven days, but we will provide extra credit when this usage window is longer (as it is with the Caesars Sportsbook promo code that has a 14-day window).

How College Basketball Betting Promos Work

The key thing to remember regarding college basketball betting promos is that they are designed to get new customers to try out a betting site. That's why these are the best sportsbook promos, as they make it easy to place and potentially profit from an initial wager. You can also sign up for as many of these deals as you like, thus stacking those welcome bonuses and giving you a way to compare odds.

College basketball betting promos can get creative when it comes to offering college basketball sportsbook bonuses. These are the most common types.

Bet & Get

Sports bettors like bet-and-get deals because they often provide a wealth of bonus bets for a nominal initial wager. This initial wager will need to be a real money bet, and on occasion this opening bet will have reasonable odds requirements (such as -200).

Some bet-and-get deals deliver bonus bets win or lose, while others require you to win that first bet but set no odds restrictions, meaning you can bet on a -10000 favorite to lock in the bonus bets.

Insurance

There are many forms of insurance. There is first-bet insurance, which refunds a losing initial wager with either a single bonus bet or multiple bonus bets. Existing customers can also benefit from insurance, with the most common being parlay insurance.

For instance, let's say you make a four-leg parlay based on a series of college basketball player props. You will need all four legs to win in order to win that wager, but if you have parlay insurance and win three out of four those legs, you will then get a bonus bet refund. This refund typically has a reasonable ceiling of $20 or $25.

No-Deposit Bonuses

Betting sites have small initial deposit requirements, but on occasion they will do away with those requirements and provide new customers with bonus bet or first-bet offer bonuses just for creating a new account. You will need to connect a payout method to claim any winnings you receive from those bonuses. These are often offered during new state launches or around a major event, like the NCAA Tournament.

Deposit Match Bonuses

A deposit match bonus occurs when an online sportsbook matches your deposit with a bonus bet amount of equal value. These bonus bets may have a multiple playthrough requirement instead of the usual 1x that bonus bets typically carry.

Referral Bonus Codes

Betting with friends is better than betting alone, and that's where referral bonus codes come in. These are links that you can send to your friends. Once they create a new account and meet any deposit or wager requirements, the sign-up bonus (which is usually bonus bets) can be redeemed.

March Madness Betting Bonus

NCAA Tournament wagers are the most popular college basketball picks, which is why sports betting apps offer March Madness betting bonuses. These bonuses range from odds boosts and profit boosts to bonus bets in exchange for placing bets on certain games. Keep an eye out for these, as these bonuses are often among the best that you will see all season.

Odds Boosts

Odds boosts are payout upgrades that you can use when wagering on college basketball odds. What sets odds boosts apart is that they can be applied to specific events, such as getting +300 odds on an upset pick that typically pays out +200 odds. These are available to all bettors but often can't be used for a qualifying bet for a new customer's welcome offer.

Profit Boost

A profit boost has flexibility that an odds boost doesn't, as the profit boost can be used on any qualifying event of your choosing. This means it can be placed on a chalk play to improve the payout of a solid favorite, or on a plus odds wager to make betting on an underdog even more enticing.

Operators will often create team betting promos to incentivize college basketball betting on some of the top programs in the nation. Here are five teams that often receive these team betting promos.

UConn Men's Basketball Betting Promos

The UConn Huskies are the current back-to-back national champions and will be among the Top-5 teams to start the year now that head coach Dan Hurley chose to stay in Connecticut rather than coach the Los Angeles Lakers. His status will make UConn one of the featured teams among Massachusetts betting promos for fans just across the border.

Duke Men's Basketball Betting Promos

The Blue Devils have been a Top-5 regional seed in each of Jon Scheyer's first two seasons as head coach. This should be an expectation for the 2024-25 season as well, as the Blue Devils are apt to start this campaign as a Top-10 squad.

Kentucky Men's Basketball Betting Promos

The Wildcats have seen some NCAA tournament struggles in each of the past two seasons, but this should still be a Top-25 club that gets plenty of Kentucky sportsbook promos during the season.

Kansas Men's Basketball Betting Promos

It's been 25 years since the Jayhawks have had a March Madness regional seed lower than four, and this season Kansas could start the season as the No. 1 team in the nation. With this caliber of consistent success, it's no wonder the Jayhawks are showcased in Kansas sportsbook promos.

North Carolina Men's Basketball Betting Promos

With RJ Davis returning for another season, the Tar Heels have a very good chance at earning their second straight No. 1 regional seed in the NCAA Tournament. North Carolina sportsbook promos are a great way to bet on UNC in what might be the most competitive college basketball state.

Claiming a college basketball sportsbook promo is a simple process that can be completed in only a few minutes. Here is a four-step summary of how you can sign for these NCAAB betting promos.

1. ✅ Go to and click the BET NOW button in this guide of the sportsbook that you wish to sign up for.
2. ✅ An account registration page will then appear. Fill this page out with some general personal information needed to create a new account (including name, address and email address). In the event the college basketball betting bonus code that you sign up for requires a specific code, be sure that code is displayed (otherwise type it in), as that will lock in your sign-up offer.
3. ✅ Confirm via GPS that you are located in a state where that sportsbook operates and then verify that you are 21+ years old.
4. ✅ Make any initial required deposit and then place your first bet. You will then be able to claim your NCAAB betting bonus.

Why Do Sportsbooks Offer NCAAB Betting Promotions?

Sportsbooks offer NCAAB betting promotions because it is an effective way to get new customers to give their betting system a run through. The idea is that once these customers see the ease of navigation, potential bonuses and other standout elements of that operator, they will be more likely to switch to using its apps as their go-to place to wager.

Final Thoughts on College Basketball Promos

There are many considerations when picking between college basketball promos, but one thing you should always keep in mind is that you can select more than one of our recommended NCAAB betting promo code offers. Signing up for multiple sportsbooks will not only allow you to garner more bonuses, but you can then compare and contrast odds and features at different sites.