Best March Madness Betting Promos For Sweet 16

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For fans of the Tennessee Volunteers, March Madness turned into March Sadness on Saturday. And while the sting may linger, you likely still love the NCAA Tournament. Knowing that, here’s a look at the best March Madness betting promos for the Sweet 16.

It’s understandable if you don’t want to bet on Michigan after the Wolverines used a strong second-half performance to eliminate the Volunteers. After all, as a No. 3 seed, expectations were high for Tennessee.

Michigan, though, has a strong pedigree and isn’t your prototypical No. 11 seed. It’s not much consolation, mind you, but you do have extra time to focus on how the Volunteers are faring during spring football practice now.

Putting down a bet on March Madness is still fun, especially if you’re signing up for a new account with a particular sportsbook. With that in mind, here’s what you’ll find. These promos and bonuses are available in all states in which sports betting is legal.

March Madness Betting Promos For Sweet 16

BetMGM Tennessee: Claim A $1,000 Risk-Free Bet With Bonus Code SHARP

Whether you want to christen your BetMGM Tennessee account with a sizable wager, or something smaller, BetMGM has you covered. When you sign up for a new account using bonus code SHARP, your first bet is covered up to $1,000. If your first bet fails to cash, BetMGM will refund the amount of the wager into your account in the form of free bets.

Another option – and you can only take advantage of one welcome offer with your new account – is to place a moneyline wager of at least $10 on any remaining tournament game. If a 3-pointer is made during any of the games, BetMGM will deposit $200 in free bets into your account.

Read the full terms and conditions to make sure you pick the offer that’s best for you.

DraftKings Tennessee: Get A Free $50 Bet + A $1,000 Deposit Bonus

Decisions, decisions – that’s what you’ll find when signing up with DraftKings. In this case, they’re all good decisions, so there are lots to like here.

DraftKings is offering a free $50 bet with your first deposit. You can use it on March Madness, or anything else of your choosing. And you’ll also receive a deposit bonus which equals 20% of your first deposit.

There is a separate offer, too. You can also make your first bet a $5 moneyline wager on any remaining NCAA Tournament game. If your team wins, you’ll get $200 in free bets. Again, you cannot take advantage of both offers, so decide which works best for you.

FanDuel Tennessee: Claim $150 Free With Instant Bonus

Make your first wager a $5 bet on any Sweet 16 game and receive a $150 bonus instantly regardless of whether the team you bet on wins or loses. The bonus comes in the form of site credit at FanDuel Tennessee. Site credits can’t be withdrawn or turned into cash in any fashion, but it’s a guaranteed bonus, and that may be hard to beat.

Site credits must be used within a certain time frame, so be sure to read the full terms and conditions.

Caesars Tennessee: Get First-Bet Insurance of $1,100 With Promo Code SHARPBETCZR

There’s no guarantee that the first bet you place with Caesars will be a winner, but Caesars is hoping to mitigate your disappointment if the ticket doesn’t cash if you use the promo code SHARPBETCZR when signing up.

If your first bet loses, you’ll receive a free bet deposited into your account equal to the amount of your first wager, topping out at $1,100.

This Week’s Sweet 16 Schedule

Thursday, March 24

West Region Semifinals

No. 1 Gonzaga vs. No. 4 Arkansas, 6:09 p.m. CT on CBS

No. 2 Duke vs. No. 3 Texas Tech, 8:39 p.m. CT on CBS

South Region Semifinals

No. 2 Villanova vs. No. 11 Michigan, 6:29 p.m. CT on TBS

No. 1 Arizona vs. No. 5 Houston, 8:59 p.m. CT on TBS

Friday, March 25

East Region Semifinals

No. 3 Purdue vs. No. 15 Saint Peter’s, 6:09 p.m. CT on CBS

No. 4 UCLA vs. No. 8 North Carolina, 8:39 p.m. CT on CBS

Midwest Region Semifinals

No. 1 Kansas vs. No. 4 Providence, 6:29 p.m. CT on TBS

No. 10 Miami (FL) vs. No. 11 Iowa State, 8:59 p.m. CT on TBS