Sports Gambling

BetMGM March Madness Promo Code BROAD1500: Get $1,500 Bonus for NCAA Tournament Friday

By Bob Wankel

Published: Mar 20th, 2026 · 1:35 PM EDT

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College basketball fans looking to get in on the action can take advantage of a massive welcome offer ahead of the matchup between the Tennessee State Tigers and the Iowa State Cyclones by using the BetMGM March Madness promo code BROAD1500. By registering a new account before the game, players in most eligible U.S. states unlock a $1,500 first-bet offer, meaning if your initial wager on this game loses, you will get your stake back in bonus bets up to $1,500. Alternatively, new users located in Michigan, New Jersey, Pennsylvania, and West Virginia have access to an exclusive promotion that awards a $150 bonus if an initial $10 wager on the game is a winner.

BetMGM March Madness Promo Code for College Basketball

Before tip-off between the Tennessee State Tigers and the Iowa State Cyclones, new users can secure a fantastic promotion tailored to their specific location. BetMGM provides two distinct welcome offers to boost your bankroll for the college basketball postseason. Ensure you apply the correct promo code for your state during registration to activate these deals.

BetMGM March Madness Promo Code Welcome Offer Overview

The details of the BetMGM March Madness promo offer are as follows:

1. Michigan, New Jersey, Pennsylvania, and West Virginia: New users in these select states can claim a “Bet $10, Win $150” promotion. By placing a $10 wager on the matchup, you will be rewarded with $150 in bonus bets if your initial bet is a winner. Please note that this is the only welcome option available to new players in these states; there is no alternative choice.
2. All Other Eligible U.S. States: Users located outside of MI, NJ, PA, and WV have access to the $1,500 first-bet offer. Under this promotion, if your initial wager on the game happens to lose, BetMGM will refund your entire stake in the form of bonus bets, up to a maximum of $1,500. This provides excellent peace of mind whether you are confidently backing the heavily favored Iowa State Cyclones or taking the points with the underdog Tennessee State Tigers.

Use BetMGM College Basketball March Madness Promo Code on Tennessee State vs Iowa State

The postseason action continues as the Tennessee State Tigers take on the No. 6 ranked Iowa State Cyclones on March 20, 2026, at 6:50 PM UTC. The Cyclones bring a formidable 27-7 record into this matchup, having firmly established themselves as one of the elite programs in the AP Top 25 this season. While the Tigers look to play spoiler and make a massive statement, Iowa State’s top-tier ranking and impressive win-loss resume present a significant hurdle in this clash.

Tennessee State Tigers vs Iowa State Cyclones Odds & Analysis

Odds as of March 20, 2026, at 5:16 PM UTC from MGM.

As the betting markets clearly indicate, the Iowa State Cyclones enter this contest as overwhelming favorites. Priced at an astronomical -10000 on the moneyline, oddsmakers fully expect the No. 6 team in the country to advance without much trouble. However, the sprawling 25.5-point spread presents a far more compelling angle for college basketball bettors. The Cyclones will need a consistently dominant performance from tip-off to the final buzzer to cover such a massive number, especially in a high-stakes tournament environment.

The game’s total points line sits at 147.5, with evenly juiced odds on both sides. This total implies that oddsmakers are anticipating a decent pace, likely driven by Iowa State’s offense dictating the flow of the game. For those looking at best bets and predictions, backing the Cyclones outright offers virtually no return, making the spread the primary point of attack. If you believe the Tennessee State Tigers can grind down the clock and limit possessions, taking them to cover the +25.5 spread offers solid value. Alternatively, playing the Under on 147.5 points could be a smart look if you anticipate Iowa State building an early lead and resting key contributors down the stretch.

How to Activate the BetMGM March Madness Promo Code

Ready to get in on the college basketball postseason action? Claiming your promotional offer is a quick and straightforward process. Users will need to create and register an account with standard personal information to get started.

Follow these simple steps to ensure you lock in your promotion:

1. Register Your Account: Sign up by providing standard personal information (such as your name, email, and date of birth) to create your new BetMGM profile.
2. Apply the March Madness Promo Code: During the registration process, input the specific code tied to your location. Use promo code BROAD150 if you are located in MI, NJ, PA, or WV. For users in all other eligible states, use promo code BROAD1500.
3. Fund Your Account: To officially activate the offer, head to the cashier and deposit at least $10 using one of the platform’s secure methods.

Once you have completed your registration and your initial deposit has cleared, your offer will be activated, and you will be ready to wager on the upcoming matchup between the Tennessee State Tigers and the Iowa State Cyclones.