March Madness is here, signaling the conclusion of the NBA and NHL seasons and the beginning of the MLB season. Sportsbooks provide a variety of promotions and incentives to attract new customers to their sites. Most sportsbooks have been giving the same incentives for the last month or two, but as we approach one of the biggest betting months of the year, they are stepping up their promos.
Because the sportsbooks have just spent a lot of money on marketing, I anticipate the promotions to go down after this period. The following are some of the new incentives and bonuses that have hit the sports betting sector this week.
DraftKings
DraftKings hasn’t given any substantial incentives or promotions this week, instead allowing its existing customers to benefit from a large number of odds increases. Several moneyline odds have been boosted for gamblers as March Madness gets underway.
This is an excellent method for enticing existing gamblers to wager on NCAA odds during March Madness. DraftKings has also run a number of promotions in which the chances of winning bets are changed to +100. On this, the maximum bet has been $50.
Caesars
This week, Caesars offers a fantastic free bet offer for new bettors on their website. They provided you a $1,100 free bet insurance on your first wager, which would be refunded to you in the form of a single free bet.
One of the conditions of the Caesars bonus is that it must be spent within 14 days after receipt, or it will be void. This is a condition that many people aren’t aware of. Your original wager will be returned to you as a free bet in this instance, so use it carefully.
BetMGM
The $1,000 risk-free bet is the most popular BetMGM offer. You can acquire it by signing up, depositing, or betting on a sports event. If your initial gamble works off, you just keep the money. If the bet loses, you will get a full refund in the form of site credit.
You can only utilize the site credit once before your winnings are paid out since it has a one-time rollover restriction. You will get one free bet token if your free bet is less than $50. If it’s more than $50, it’ll be divided into five free bets, giving you a better chance of winning.
This campaign has been operating for quite some time and has been a big success.
PointsBet
PointsBet is conducting a promotion this week where you can receive up to $2,000 in free bets. If you lose your first bet, you may be eligible for a refund of up to $1,500, and if you lose your first fixed-odds wager, you may be eligible for a refund of up to $500.
Only new users who register on the site are eligible for this promotion. Bettors are only eligible for two wager refunds, and this promotion is limited to one bettor per household. This is one of the best bargains you’ll find this week.