Sports Gambling

DraftKings Promo Code: Get $200 March Madness Bonus for All NCAA Tournament Games

By Matt Modi

Published: Mar 19th, 2026 · 3:27 PM EDT

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Sign up with this DraftKings promo code offer to get started as the NCAA Tournament officially starts today.

Create a new account and place your first wager for at least $5 on any game today. If that wager is successful, DraftKings will instantly send that bettor eight individual bonus bets, with each worth $25 a piece. Players will have a full seven (7) days to use the awarded bonus bets on any markets they choose, giving you the entire first weekend of March Madness and more to look forward to.

DraftKings Promo Code for College Basketball Bonus

Take advantage of this exclusive welcome offer to maximize your betting power on tonight’s matchups. Here is a quick breakdown of the promotion details before you lock in your wagers:

DraftKings Promo Code	No Code Needed
New DraftKings User Offer	Bet $5, Get $200 if your bet wins
Terms and Conditions	21+ and Present in Participating States.
Date Last Verified	March 19th, 2026

DraftKings Promo Code: Bet $5, Win $200 in Bonus Bets on Tonight’s NCAAB Slate

Exclusive to new DraftKings customers, the latest DraftKings promo code unlocks an exciting opportunity to hunt for value on tonight’s college basketball slate. To qualify, simply place a $5 wager on any market with consensus odds of -500 or longer. Whether you are backing the heavily favored Houston Cougars or laying the points with the Arkansas Razorbacks, you will receive $200 in bonus bets if your bet wins. It does stand to reason that this bonus is not guaranteed—your initial qualifying wager must be graded as a winning ticket to secure the promotional payout.

If your $5 college basketball bet is successful, the $200 reward will be credited to your account and paid out as eight separate $25 bonus bets. This flexible structure allows you to spread your bonus funds across multiple matchups as the tournament continues. We put a lot of stock in bankroll management, so make sure to lock in your subsequent wagers promptly. These bonus bets are only available for up to a week and will officially expire after 7 days.

March Madness Odds, Preview via DraftKings

Here are the top college basketball odds and totals for some of the games on tonight’s March Madness slate on DraftKings:

• Hawai’i Rainbow Warriors (No. 13) vs. Arkansas Razorbacks (No. 4) – 4:25 p.m. ET
  • Spread: Arkansas -15.5 (-112) | Hawai’i +15.5 (-108)
  • Total: 159.5 (Over -108 / Under -112)
• Idaho Vandals (No. 15) vs. Houston Cougars (No. 2) – 10:10 p.m. ET
  • Spread: Houston -23.5 (-110) | Idaho +23.5 (-110)
  • Total: 138.5 (Over -105 / Under -115)

Tonight’s action features a pair of AP Top 25 powerhouses who have earned elite regional seeding. John Calipari leads his No. 4 seed Arkansas Razorbacks (26-8) against the No. 13 seed Hawai’i Rainbow Warriors (24-8). The Razorbacks are coming off a massive SEC Tournament championship run and have a deep tournament run in their sights. The Rainbow Warriors, fresh off a Big West title, are embracing the underdog narrative, with players like Dre Bullock leaning into their team’s gritty experience.

Meanwhile, head coach Kelvin Sampson and the No. 2 seed Houston Cougars (28-6) face off against the No. 15 seed Idaho Vandals (21-14). Houston is a dominant force, but Sampson has been quick to praise Idaho head coach Alex Pribble and his squad for securing their first tournament bid since 1990. Houston came close to winning the National Championship last year, and look to make another run this year.

How to Redeem This DraftKings Promo Code Offer

Claiming this exclusive welcome offer is a quick and straightforward process for any sharp bettor looking for an edge. The best part? No promo code is necessary to be entered when you sign up. Just follow these simple steps to get started:

• Create an Account: Register for a new DraftKings account by providing standard personal information to verify your identity.
• Fund Your Bankroll: Make a first-time deposit of at least $5 using one of the secure payment methods available on the platform.
• Place Your Bet: Once your account is funded, place your qualifying wager on tonight’s college basketball action to fully activate the offer and secure your bonus.