Top 5 Sportsbooks to Bet on March Madness 2023

Without a doubt one of the most exciting times of the year, March Madness arrives and there’s three weeks of non-stop college hoops. Kansas took down North Carolina in last year's National Championship, and the Jayhawks face stiff competition in their attempt at defending their title.

Now, with more legal sports betting states than ever before, March Madness 2023 looks set to be the biggest bet NCAA tournament of all time. Take a dive into the best sportsbooks to bet on March Madness, and watch the action unfold this spring.

BetMGM Sportsbook

One of the most popular sportsbooks in the USA, BetMGM does not hold back from their March Madness offerings. They run popular tournament specials and fantastic props on all March Madness games, as well as some of the best live betting variations out there.

Their college basketball odds are historically strong, with early line releases allowing you to get your money down ahead of game time.

New players at BetMGM can grab a huge $1,000 risk-free bet to use on any March Madness game, a superb offer for the NCAA tournament. The bonus is a fantastic way of getting started at BetMGM, and there’s no better time to claim ahead of March Madness 2023.

To claim, deposit a minimum of $10, and a maximum of $1,000 and place your first bet. If your bet is a loser, then you’ll receive a single bonus bet (if the qualifying bet was under $50) or five bonus bets worth 20% of your qualifying wager.

There are also an assortment of ongoing promotions for all players at BetMGM, with some March Madness tailored bonuses up for grabs during the 2023 NCAA tournament.

DraftKings Sportsbook

The King of Sportsbooks, DraftKings has some fantastic March Madness markets on offer, with a huge variety of props, selections and spreads for the NCAA tournament.

Here you’ll find more markets than any other sportsbook for March Madness, as well as some great basketball promotions that can spice up your tournament experience.

What’s more, all new players can take advantage of an enticing welcome bonus, right ahead of March Madness. Grab a 20% deposit up to $1,000 by depositing a minimum of $5, meaning a deposit of $5,000 will earn you $1,000 in free bets.

There’s no better time to grab the DraftKings welcome bonus and prepare for a month of drama, intrigue and heartbreak.

FanDuel Sportsbook

Known for having one of the best sports betting apps in the USA, FanDuel Sportsbook unsurprisingly offers great selections for March Madness bettors.

Their exciting promotions will really heat up the tournament and be sure to keep an eye out for any exciting bonuses and free-to-play games.

There’s a generous welcome bonus available, where new players can claim a first bet refund of up to $1,000. This means you can bet on any March Madness game, up to the value of $1,000 and be refunded in bet credits should your bet lose.

Given the number of upsets every year during March Madness, this is a fantastic offer that has you covered in the event of a losing bet.

Unibet Sportsbook

Global brand Unibet brings another level of excitement and passion to March Madness, with an extensive variety of props and strong odds on every game. Their parlay boost feature is a fantastic promotion for March Madness bettors, allowing you to get a little more bang for your buck on your March Madness parlays.

Whilst their new customer offer may not be as generous as other sportsbooks, you can still claim a $100 risk-free bet, to use on any March Madness game. You must deposit a minimum $10, and place your first bet up to $100. Should your bet lose, you will receive 100% of your stake back as bonus funds.

Unibet sportsbook are a renowned name in the sports betting world, so it’s no surprise that their March Madness offerings are top-of-the-game. We’d recommend checking out Unibet and claiming the new customer offer ahead for March Madness 2023.

WynnBet Sportsbook

WynnBet is one of the most popular sportsbooks in the USA, offering a range of exciting options for March Madness. Typically offering a variety of promotions and bonuses, users who bet on the NCAA tournament are covered at WynnBet. Some of the typical offerings include enhanced odds on select games, risk-free bets, and parlay boosters.

A 100% deposit match up to $1,000 is available for all new customers, giving you a potential $1,000 in free bets to play with for March Madness. Without a doubt, one of the best new customer offers of any sports betting site comes with low wagering requirements and just a $30 deposit minimum.

Additionally, users can take advantage of super live betting markets, which are critical given the nature of college basketball betting. Overall, WynnBet is a great choice for anyone looking to bet on the excitement of March Madness.