BetMGM Unveils Plenty of March Madness Deals

MGM National Harbor. Shannon Finney/Getty Images for MGM National Harbor/AFP.

It’s March, and BetMGM is embracing the madness with a wide variety of promotions for NCAA Tournament bettors.

Here’s a look at some of the best deals BetMGM currently has available.

First-Bonus Bet

Unlike the teams in March, who will be cleaning out their lockers after one loss, BetMGM is giving new customers a chance to bounce back from a loss.

New customers can take advantage of a First-Bonus Bet of up to $1,000. If you win, you keep whatever you’ve earned, but if you lose, you get your stake back to try again. The bet doesn’t even have to be on NCAA basketball. Any sportsbooks wager qualifies.

Three-Point Shot Booster

The three-point line has revolutionized basketball, and many college teams shoot as many threes as two-pointers in a given game. For this BetMGM March Madness promo, they only need one.

If you place a moneyline bet on a college basketball game, and either team hits a three-pointer in the game, you get a 20-1 boost. That means if you put down $10 and a three-point shot goes through the hoop (which happens in virtually every NCAA game played in the last decade) you get an extra $200.

The outcome of the game doesn’t matter. Even if you lose your moneyline bet, you’ve still got the $200 from the three-pointer.

This offer appears to be limited to new users, and it appears to only apply to a $10 moneyline bet. So betting more won’t pay off at 20-1 odds, just the first $10.

Bracket Challenge

BetMGM is also giving you a chance to win $10 million. For free.

This promotion is open to all customers—new and existing. The odds are against you—in order to claim the prize, you need to submit a perfect bracket for the NCAA Tournament, picking the correct winner of all 63 games.

Even if you miss on a game or two, BetMGM is rewarding the highest-scoring bracket in the challenge a $100,000 prize.