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Some of the best sportsbook offers for the NCAA Tournament

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It is March Madness time, and some of the online sportsbook have gone mad with their deposit bonuses and free bets for the tournament. Taking advantage of this free bonus money, risk-free bets and odds boosts is the best way to turn a profit.

Let’s take a look at some of the ways we can maximize these freebies to help build our bankrolls this weekend. 

DraftKings Deposit Bonus for March Madness

If you do not yet have an account at DraftKings, this current offer is one you should take advantage of. The DraftKings Sportsbook is offering a 64-1 bet with a max bet of $4 (turn $4 into $256). The catch is you have to use it in the first two rounds of the tournament, and you have to use it on an underdog. My bet advice is to look for a 9 seed that can knock off a weak 8 seed (9 seeds have won 51% of those games vs. 49% for 8 seeds over the last couple years). It makes sense to bet on the underdog with the lowest plus-money number as they have the highest implied probability of winning and you get the biggest boost on your money since the payout is set at 64-1 no matter how big or small the underdog you choose is. 

Unibet March Madness Bonus

Unibet is a smaller sportsbook only available in a few states currently, but they have a big bonus offer teed up for the tournament. They are offering a deposit bonus for existing users up to $40 on your next deposit, so if you already have them as an out, make sure to get some more money funded. If you are a new customer, they are also offering a risk-free $500 bet. Remember, take a chance to make a score with that free bet. Look for an underdog you like and try to catch upside with it. Even if you lose, you get a second bite of the apple, so you have two chances to hit one plus-money dog and get upside out of it. 

PointsBet March Madness Bonuses

PointsBet Sportsbook  has two offers that we should be aware of for the tournament. They continue to offer the Paige Spiranac bonus. For every eligible game, you get $3 for every 3-pointer the team you bet at least $50 on scores. It’s a nice way to boost your upside or limit the downside of any losing bets since you get paid either way. The second offer they have is only for new users, but if you are not already a PointsBet customer it’s worth taking advantage of. You can make a first bet of $20 with a 7-1 payout as long as the team you bet on scores. Literally all they have to do is score and I’ve never seen a team go scoreless in a 40-minute NCAA basketball game. Only new customers can take advantage of this, but it’s a no-brainer boost if you are a new customer to PointsBet. 

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