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18 March 2025

2025 March Madness Betting Guide And Odds

Explore top sportsbooks, odds, and promotional offers for March Madness.

March Madness is finally here as schools from across the country prepare to take their shot at glory and win the ultimate prize in college basketball. The 2025 tournament, one of the biggest sports betting events of the year, is drawing millions of viewers and media attention from all over the country, making it the perfect time to understand the odds, betting strategies, and key factors to keep in mind before placing your bets.

The March Madness brackets were revealed on Selection Sunday, which was on March 16, 2025. The First Four stages kicked off on Tuesday, March 18 for the men and Wednesday, March 19 for the women's tournament. The excitement is palpable, and with so many schools vying for the championship, predicting the outcomes can be both thrilling and challenging.

To help navigate this year's betting scene, we have compiled the latest March Madness winner odds: Auburn Tigers lead the pack at +360 (DraftKings), followed closely by Duke Blue Devils at +375 (BetMGM). Other notable teams include the Florida Gators and Houston Cougars, both at +900 (FanDuel and BetMGM respectively), and the Alabama Crimson Tide at +1200 (DraftKings). It’s not just about the favorites though; underdogs like the Saint Johns Red Storm at +3000 (DraftKings) could surprise many.

Now, let’s look at how you can get the best out of your March Madness bets with irresistible promotions from leading sportsbooks. The DraftKings Sportsbook is offering new users the chance to bet $5 and instantly receive $200 in bonus bets. This is one of the most attractive offers this season, allowing bettors to jump right in and experience the thrill of March Madness without hefty upfront costs. Users located in CO, KS, IA, WV, VA, NY, and MA can also score a No Sweat Parlay every day after securing their bonus bets!

"Users located in CO, KS, IA, WV, VA, NY, and MA can also Score a No Sweat Parlay Every Day after securing their bonus bets!" - This offer makes DraftKings stand out among competitors due to the additional flexibility it grants users during the tournament.

FanDuel is another top contender, offering $200 in bonus bets to new users who place a $5 winning wager. Signing up for FanDuel is straightforward and user-friendly. All you have to do is deposit the initial wager, and once the bet is settled as a winner, you will get your bonus bets unlocked. The FanDuel app boasts high ratings of 4.8 out of 5, making it popular among bettors during key events like March Madness.

BetMGM has not been left behind, offering its users $150 in bonus bets if they win after placing $10 on March Madness. For users located outside states like CO, MI, NJ, PA, and WV, they can claim up to $1,500 as their first bet bonus even if their wager loses. This safety net has proven popular and attracts many first-time bettors who want to jump on the excitement without worrying about their initial investment.

To help seasoned bettors and newcomers alike, BetMGM runs its own March Matchups contest, where users can score points and win bonus bets. This adds another layer of engagement to the betting platform.

Other platforms don’t disappoint either. bet365 is offering its new customers $150 in bonus bets for placing just $5 on any sports market. Their departure from the UK to North America has been met with enthusiasm, as they are rapidly gaining popularity for their competitive odds.

Fanatics Sportsbook is the final suggestion on our list, providing up to $1,000 worth of bonus bets as part of their welcome offer. This promotion allows users to spread their wagers across several bets, giving flexibility during the fast-paced March Madness tournament.

Understanding where to place your bets and which promotions to take advantage of is key at this time of year. Not only do these sportsbooks offer new users enticing bonuses, but they also host bracket challenges. DraftKings has its March Mania Picks challenge, and FanDuel offers the Tourney Shuffle' Em, with prizes totaling $100,000, adding to the competitive and fun atmosphere.

When it’s time to watch, the men's NCAA games will be primarily broadcast by CBS and Turner Sports, accessible on CBS, TNT, TBS, and TruTV. Meanwhile, audience members following the women's tournament can catch games on ABC and various ESPN networks like ESPN, ESPN2, and ESPNU.

This year, bettors are set to pour millions of dollars and their enthusiasm for March Madness 2025. The combinations of thrilling gameplay, nail-biting finishes, and the array of betting opportunities make this tournament one of the highlights of the sports calendar. With the various promotions from sportsbooks, even casual fans will find it hard to resist joining the action!

Get ready for the excitement and may the best team win!