NCAA Basketball Sports Betting Promos and Bonus Codes 2024

Last updated February 16, 2024

There is no sport with more chances to place a bet than college basketball. There are over 360 Division I teams playing dozens of games each, along with conference tournaments and postseason tournaments such as March Madness. 

With all of those betting opportunities comes plenty of chances to take advantage of college basketball sportsbook promos. Here, we have compiled the best college basketball betting offers to get more value out of wagering on the most exciting tournament in sports.

SportsbookPromotionPromo Code
DraftKings
Get a No Sweat Bet up to $1,500
& Get a No Sweat NBA SGP Every Day of NBA Playoffs 
NONE NEEDED - Use link
Bet365
Bet $5 and Get $150 in Bonus BetsSQOREBONUS
BetMGM
Up to $1,500 in Bonus Bets
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.
SQOREBET
Caesars
$1,000 First Bet on CaesarsSMARTPLAY1000
FanDuel
Bet $5 Get $150 in Bonus Bets if Your Bet Wins
$200 In North Carolina, $300 in Ohio & Massachusetts
NONE NEEDED - Use link

Gambling problem? Call 1-800-GAMBLER CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY
Call 877-8-HOPENY or text HOPENY (467369) (NY), Call 1-800-327-5050 (MA), 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). 

 

BetMGM College Basketball Promo 

There might not be a better site for college basketball betting promos than BetMGM Sportsbook. No matter what promotion BetMGM is offering at any given time, it is almost always better than the bulk of its competition. Right now is no exception, as new customers can take advantage of this BetMGM new player promo to kick start their college basketball wagering.

🎁  Promo Offer:Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
✅ BetMGM Bonus Code:SQOREBET
❗Terms & Conditions:*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.
🇺🇸 Available in:AZ, CO, IN, IA, IL, KS, KY, LA, MD, MI, NC, NJ, OH, PA, TN, VA, DC, WV, WY
💰 Minimum deposit:$10
🗓️ Days to use bet credits:7 days
Promo Rating5/5


DraftKings CBB Sportsbook Bonus

DraftKings is one of the leading online sportsbooks in the US and they have a special promotion for the college basketball season. Simply make your first deposit bet $5+ on any pre-game bet and you will receive your bonus bets that can be used to place additional wagers on college hoops throughout the season.

🎁 Bonus Promo Offer:No Sweat Bet up to $1,500 + Get a No Sweat NBA SGP Every Day of NBA Playoffs
🇺🇸 Available in:All eligible DK states except CT, ME, NC, and NY.
💰 Minimum deposit:$5
🗓️ Days to use bonus bets:7 days
Promo Rating5/5

 

Caesars NCAA Basketball Promo

With Caesars Sportsbook, new customers can bet on college basketball with peace of mind. Their college basketball promo lets bettors place their first wager on the college basketball game of their choice. If that first bet does not win, bettors will receive their money back in the form of bonus bets, which can be used to try again to pick a winner.

🎁 Bonus Promo Offer:$1,000 First Bet on Caesars
✅ Caesars Promo CodeSMARTPLAY1000
🇺🇸 Available in:AZ, CO, IA, IL, IN, LA, NJ, NY, MI, MA, ME, TN, VA, WV, OH, MD, PA
🗓️ Time to place your first bet:Within 30 Days of account registration
🗓️  Time to use the bet credit14 days from when it was awarded
Promo Rating5/5

 

FanDuel Sportsbook Promo

FanDuel Sportsbook is a legit betting platform that constantly provides many great customer promotions. Currently, FanDuel is offering a welcome promo for new users that allows bettors to turn a small initial wager into a nice stack of bonus bets. Just click the button here to get started with one of the top betting sites for college basketball wagers.

🎁 Bonus Promo Offer:Bet $5 Get $150 in Bonus Bets if Your Bet Wins (Bet $5 Get $200 in NC, Bet $5 Get $300 in OH and MA)
🇺🇸 Available in:All Legal US States
💰 Minimum deposit:$10
🗓️ Days to use bet credits:14 days
Promo Rating5/5

NCAA Basketball Overview

In general, college basketball is in one of the most interesting places it has been in a long time. Between the NBA's one-and-done rule and the transfer portal offering players unlimited mobility, it is hard to find teams with a ton of continuity. That makes veteran teams that have stuck together for a long time very intriguing both in single-game and futures betting.

THe current climate of college basketball has also made it so that upsets in the NCAA Tournament are more common than ever. We have seen multiple one-seeds fall to 16-seeds over the last few years, something that had never happened until the 2018 NCAA Tournament, when UMBC toppled Virginia by a score of 74-54.

This year, the traditional powers in the sport like Arizona and Purdue are among the favorites to win the national championship. But you can never predict just how crazy March Madness will get and whether the tournament favorites will be taken down by a small school with enough talent to get the job done.

How to pick the best online sportsbook for NCAA Basketball betting

✅ Have an idea of what you are looking for, whether that be a specific promotion, specific bet types, or something else that is important to you.

✅ Check sportsbook reviews like the ones on our site for in-depth analysis of your options.

✅ Check out what types of markets and offers are available. 

How to sign up on a betting site

When registering with a betting site, you usually only need to provide the following information: your full name, your email address, a username, a secure password for your account, your phone number, your birth date, and your social security number's last four digits.

Once your account is set up, most sportsbooks will require an initial deposit. All major credit cards, debit cards, and many other payment methods are accepted by sportsbooks, though bettors will need to verify that their preferred payment method is an option at any site they want to use.

Types of College Basketball bets

Moneyline

A moneyline bet is the most basic type of bet in sports betting. It's a bet on which team will win a game.

Point spreads

A point spread, also called "the spread," is a handicap applied to a game between two teams. Oddsmakers at sportsbooks are the ones who create the spread. When betting on a point spread favorite, points are subtracted from that team's score, where as underdogs have points added to their score. 

Totals

Totals bets are based on how many points will be scored in an upcoming game. Bettors can bet on whether a game will go "over" or "under" the total, which is a number set by sportsbooks based on the projected score of each matchup.

Props

Prop bets are bets on specific components or statistics within a game. These could include which team will score first or how many points a player might accumulate. The term "game within a game" is often used to describe prop betting.

Same Game Parlays

Same Game Parlays, also called single-game parlays, let bettors combine multiple bets on the same game into a single parlay. The concept has been a huge success and is quite popular, as bettors can combine game outcome markets like the point spread and prop bets to create these parlay wagers.

Live betting

Live betting, which is also called "in-play betting," is betting that takes place during a game. Bettors can wager on odds that are adjusted with each play that takes place in a game, creating value betting opportunities all game long.

Parlays

A parlay is a bet on more than one team or outcome, either against the spread, on the moneyline, props, or a combination thereof. For the wager to be successful, all of the legs included must win. The potential payout for these bets increases as more legs are added, but parlays also become harder to win when more legs are added.

Futures

With futures bets, you can wager on longer-term outcomes. These could include national championship wagers or bets on which team will win a particular conference.

FAQ

How do I navigate to college basketball betting sites?

You can use any web browser or mobile device to get to the sportsbooks recommended above, simply follow the provided links on this page.

Do I have to live in a specific state to bet?

You don't have to live in one of the legal states to have a sportsbook app on your mobile device. But a physical presence in a legal sportsbook state is required to place a bet.

Can I bet on in-state college basketball teams?

The rules on betting games featuring college basketball teams in your state vary on a state by state basis. For example, New York does not allow betting on New York college teams, while other states do.

Can I bet on college basketball props?

College basketball prop bets can be wagered on in some states, while others do not allow it. This is also something that varies on a state by state basis.

Can I bet on Same Game Parlays in college basketball?

Yes, most sportsbooks offer Same Game Parlays for college basketball, with the types of props that can be added to them dependent on the state a bettor is in.

Gus
Gus Anderson
Gus Anderson is a gambling wizard. As a kid he dreamt about becoming a Tennis, Hockey and Golf professional but ended up as a gambling professional with focus on both sports & casino.