March Madness Sportsbook Promos Don’t Get Much Sweeter Than These

Written By Ken Pomponio on 03/22/2022 - Last Updated on March 21, 2024
Colorado sportsbook Sweet 16 promos

The Colorado State men’s team has been eliminated.

So has the University of Colorado women’s squad.

But the NCAA basketball tournaments march on this week. And so does Colorado March Madness betting.

We’ve arrived at the Sweet 16 juncture in both brackets. 

Men’s play resumes Thursday night with a quartet of regional semifinal games. The women’s tourney follows suit Friday with four regional semis as well.

Come Monday night, we’ll be down to the Final Four in each bracket.

Online sportsbook apps in Colorado certainly are prepared. 

They’ve rolled out a number of intriguing promotions. It’s most definitely an opportune time if you’ve been waiting to get in on the college hoops action.

Here’s a quick glance at a trio of the top in-state sportsbook promo offerings. 

Then we wrap things up with brief breakdowns of the men’s and women’s Sweet 16 fields themselves.

DraftKings offering $200 in bonus

DraftKings Colorado Sportsbook remains PlayColorado’s top-rated site.

So it’s little surprise that DK also features one of the best March Madness promos as well.

Here are the basics for new DraftKings customers:

  • Click on the link below to sign up.
  • Make an initial deposit of at least $5.
  • Place a wager of $5 or more on any pre-game college hoops moneyline.
  • If that team wins, you receive $200 in bonus.
  • And that’s in addition to the moneyline odds payout on the the original wager.

Check the site for full promo details. But just remember that your first college hoops pre-game moneyline bet will serve as the qualifying wager.

Snare $200 with a single 3-pointer via BetMGM

BetMGM Colorado Sportsbook also boasts an intriguing promo offer.

New customers just need to sign up, make their initial deposit and then place a wager of at least $10 on any college basketball game.

Then if either team makes a 3-pointer in that game, the bettor garners $200 in bonus. 

And, yes, that’s regardless of the outcome of the original wager.

It’s that easy.

FanDuel offer pays 30-1 — win or lose

There’s a similar no-risk promo being offered by FanDuel Colorado Sportsbook.

Here’s how it works:

  • New users need to register and make a first-time account deposit.
  • Then, with their first real-money wager of up to $5, place it on any March Madness game through the April 4 NCAA men’s championship game.
  • The bettor then will receive $150 in FanDuel site credit — and that’s regardless of whether the original $5 bet wins or loses.
  • Again, the maximum bet on this 30-1 offer is $5.

As always, check the site for full details. 

In the end, though, it’s certainly a deal that’s too good to pass up.

Men’s Sweet 16 mix of blue bloods, Cinderellas

It’s been a relatively unpredictable men’s tournament so far.

Just 10 of the of the bracket’s original top-16 seeds are still alive. And five teams seeded eighth or lower have crashed the Sweet 16 field.

However, that isn’t to say the regional semifinals are lacking heavyweights or blue bloods.

The tourney’s top three seeds (No 1s Gonzaga, Arizona and Kansas) are still alive. So are power conference name brands such as Duke, UCLA, North Carolina, Villanova and Michigan.

But then there are the double-digit-seeded upstarts.

Saint Peter’s, which opened the tourney with a stunning 85-79 overtime win over East Region 2-seed Kentucky, is the third 15th seed to make it to the Sweet 16. Florida Gulf Coast (2013) and Oral Roberts (2021) were the others.

Meanwhile, in the Midwest Region, one semifinal pits 11th-seeded Iowa State against 10th-seeded Miami. 

The Cyclones were only 2-22 a year ago. Now they’ve improbably made it to the tourney’s second week after upending a No. 6 (LSU) and 3 seed (Wisconsin).

On the BetMGM board, Gonzaga remains the clear title favorite with odds. Kansas (+450), Arizona (+500), Purdue (+900) and Houston (+1000) were the others with 10-1 or better odds as of Tuesday afternoon.

Women’s No. 1 seeds are cruising right along

As usual, the women’s Sweet 16 is more top heavy and chalky.

All four No. 1 seeds (South Carolina, Stanford, N.C. State and Louisville) are still afloat. And all but one of their eight combined wins so far have been by double digits.

South Carolina, the bracket’s No. 1-overall seed, has won its first two contests by scores of 79-21 and 49-33, permitting a total of 54 points. 

Defending national champion Stanford hasn’t been too shabby either, rolling to 41- and 26-point victories.

Meanwhile, two of the four 2-seeds have advanced. That includes 11-time national champion UConn in the Bridgeport Region.

But so has an equal number of 10-seeds in Cinderellas Creighton (Greensboro Region) and South Dakota (Wichita Region).

The unheralded Bluejays opened the tourney by upsetting seventh-seeded Colorado 84-74.

Per DraftKings, South Carolina (+115) is favored to win its second national championship in six years. UConn (+300), Stanford (+450) and N.C. State (+600) are the other top contenders.

Photo by AP / Timothy D. Easley
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Ken Pomponio

Ken is a fourth-generation Coloradan and career sports journalist with more than 30 years covering the gamut from the preps to the pros. A lifelong Front Range resident and son of 1960s Denver Broncos season-ticket holders, he is a long-time sports betting enthusiast whose insight and passion shine through in his coverage at PlayColorado.

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