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After the Super Bowl, March Madness takes the lead as the most significant sports betting occasion in the United States annually. Excitingly, with the recent launch of sports betting in Massachusetts on Friday, residents of MA now have the opportunity to participate in the NCAA Tournament betting frenzy.
The Selection Sunday shows have been broadcasted, finalizing the lineup for both men’s and women’s March Madness tournaments. Amongst Massachusetts bettors, their sole in-state college team to support in the women’s basketball tournament is Holy Cross. Being granted a 15-seed, the Crusaders are scheduled to face off against Maryland, a formidable 2-seed, in the opening round.
In addition, there is an abundance of betting options available for March Madness.
There are six apps available for Bay State gamblers to choose from.
- DraftKings Sportsbook
- BetMGM
- Caesars Sportsbook
- WynnBET
- FanDuel
- Barstool Sportsbook
Each of the six Massachusetts online sportsbooks has an enticing offer for new MA customers to take advantage of. What could be a more perfect opportunity to make use of bonus bets than during March Madness?
In addition to or in lieu of placing bets on the NCAA Tournament, bettors in Massachusetts have the option to participate in either free or paid March Madness bracket contests.
Ranking the Massachusetts welcome promos for March Madness betting
1. DraftKings Sportsbook: 3-part promo worth up to $1,250
DraftKings possesses the Massachusetts sportsbook promos equivalent of paprika if variety is indeed the spice of life.
The welcome offer consists of three parts. The most appealing ones are the $50 bonus bet rewarded for a $5 deposit and the $200 in bonus bets offered for placing a $5 wager. However, we personally don’t find the deposit match bonus as valuable. It is only 20% up to $1,000 and requires a 5x playthrough of the matched funds.
In Massachusetts, bettors at DraftKings Massachusetts have the opportunity to place a $50 bonus bet on an underdog without risking any money in case of a loss. Afterward, they can confidently place a $5 bet on something they have more faith in, and witness an additional $200 in bonus bets being added to their account for further wagers in the NCAA Tournament.
By the way, we express our gratitude to the Massachusetts Gaming Commission for ensuring that everything was launched in time for March Madness.
2. FanDuel Massachusetts: $200 bankroll boost
Although FanDuel’s Massachusetts bonus may not be extravagant, it is ideal for March Madness betting. By betting $5, you will receive $200 in bonus bets regardless of the outcome. Similar to DraftKings, this allows you to have $200 worth of bonuses to wager on NCAA Tournament games.
It may take a maximum of 72 hours for the $200 to be deposited into your account. Additionally, it is crucial to note that for the FanDuel Massachusetts and DraftKings Sportsbook offers, you only receive the winnings from bonus bets and not the initial stakes.
If you win a $10 bonus bet with +100 odds, the payout will be $10 only, not $20.
3. BetMGM: Bet $50 or more, get 5 bonus bets
BetMGM’s welcome bonus is simple and clear-cut: If you happen to lose your initial bet, BetMGM will reimburse it in bonus bets, with a maximum refund amount of $1,000.
We suggest placing a bet of $50 or more, if possible. Bets below $50 will earn you a single lump-sum bonus bet token, which can only be used for one bet. For example, if you bet $30, you will receive a $30 bonus bet that cannot be divided. On the other hand, bets of $50 or more will grant you five separate bonus bets, each of equal value.
If you place a $50 bet and happen to lose, you will receive five bonus bets worth $10 each. This BetMGM Massachusetts offer offers great flexibility, which we appreciate.
4. Caesars Sportsbook: Biggest value at $1,500
Caesars Sportsbook wins the award for the most generous welcome promo. Similar to BetMGM, they offer a bonus bet as a refund for your first bet in case it doesn’t turn out successful.
Despite the possibility of achieving greater benefits with this promotional offer, our preference still lies with BetMGM.
Why?
The Caesars Sportsbook Massachusetts bonus bet is consistently offered as a single token. This means that regardless of losing a $1,500 initial bet, you will receive a singular $1,500 bonus bet token that cannot be split.
In Massachusetts, we particularly desire a wide range of options for bonus bets, especially when it comes to NCAA Tournament betting.
5. WynnBET: Need to bet $100 to get $100
The WynnBET bonus is incredibly straightforward: When you make a $100 bet, you will receive a $100 bet credit.
That’s it.
Easy, right?
Indeed, the WynnBET MA welcome offer is not suitable for beginners, especially considering that March Madness betting in Massachusetts will attract many inexperienced bettors. To take advantage of the promotion, one must place a bet worth $100. However, the majority of bettors, particularly those who are new to betting, do not typically wager such large amounts.
If you or someone you care about is facing issues related to gambling, feel free to contact a trained specialist at 1-800-327-5050 or visit www.mahelpline.org/problemgambling for round-the-clock, cost-free assistance.
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