One of the busiest months for sports betting in Arizona is upon us, with March Madness tipping off Tuesday night.
From the time the “First Four” tips off in Dayton, Ohio, to the final buzzer of the Final Four in New Orleans on April 4, billions will be wagered on the 68 teams in this year’s NCAA men’s basketball tournament field.
This year also marks the inaugural men’s and women’s tournaments since Arizona sportsbooks launched, giving basketball bettors in the state reason to rejoice.
The Arizona Wildcats are the lone team to qualify from the state in either tournament, and the men face solid odds of making a championship run in 2022.
Off the court, there will be a plethora of promotions offered to Arizona customers. Below is a rundown of some of the promotions available on Arizona sports betting sites just in time for March Madness.
BetMGM Arizona is kicking off March Madness by giving customers a shot at winning $10 million.
The “$10 Million Perfect Bracket Challenge” allows users who have a registered BetMGM account to sign up on the operator’s mobile app.
From there, users can submit their free bracket. Anyone who completes a flawless entry wins $10 million, while first place earns $100,000.
All entries must be submitted by 9:59 a.m. Arizona time Thursday to qualify.
The odds of completing a perfect bracket are one in 9,223,372,036,854,775,808 — meaning you have a better shot of being struck by lightning than winning the top prize.
“March is the one of the greatest times of the year for sports fans, and it’s a huge moment for us at BetMGM to reach more customers than ever before,” BetMGM CEO Adam Greenblatt said in a company news release. “Our team created fun and interactive content to enhance the tournament experience for our players online and in-person regardless of whether or not their bracket has busted.”
BetMGM is also offering a parlay boost token every day of March Madness. For new customers there is a $1,000 risk-free bet for March Madness.
Those feeling lucky can enter by visiting the “Promotions” tab on BetMGM’s mobile application.
Caesars Sportsbook Arizona
Caesars Sportsbook is rolling out a March Madness first bet insurance deal for Tuesday’s First Four contests, getting Arizona customers in the spirit.
Caesars’ “Sweep the Spreads” promotion allows Arizona customers to earn a $50 wager when they bet at least $25 on the point spread for both the Texas A&M-Corpus Christi vs. Texas Southern and Indiana vs. Wyoming contests, according to the promotion on the company's app in Arizona.
Wagering on both sides is prohibited as part of the promotion, with all free bets applied to customers’ accounts within two days of the promotion’s end.
DraftKings Sportsbook Arizona
The folks at DraftKings Sportsbook Arizona are pulling out all the stops for March Madness.
The Boston-based operator is offering Arizona customers a chance at grabbing top seed Gonzaga at +100 for its opening round game against 16th-seeded Georgia State on Thursday, compared to the site’s current -8000 odds on the contest.
Qualifying wagers must be put down by 1:15 p.m. Arizona time Thursday, with a max bet of $50.
DraftKings Sportsbook Arizona is also offering new customers a “Bet $5, Get $200” entry offer, where those placing their first college basketball betting wagers can score $200 in free bets if their team wins.
The company’s in-state play revolves around the No. 1-seeded Arizona Wildcats, allowing anyone that bets on the ‘Cats to score up to six free bets during the tournament. The offer allows those that place bets between $50 and $99 to score a $10 free bet, while those that wager at least $100 earn a $25 free bet on the site.
DraftKings is also offering boosted parlays Thursday, where anyone that opts in and places a three-plus leg parlay on college basketball action can score a profit boost.
The maximum bet on the parlay boost is $100, with maximum winnings of $5,000 and minimum odds of -300 or longer.
Finally, DraftKings is offering a 50% profit boost for anyone who correctly picks the NCAA Women’s Basketball Tournament champion, with a $50 maximum bet and $250 maximum winnings.
To find any of these deals, visit the “promotions” page on DraftKings’ site or mobile application and opt into whichever deal interests you.
FanDuel Sportsbook Arizona
The third month of the year is an action-packed one for FanDuel Sportsbook Arizona, with a full slate of basketball promotions.
The operator is offering a “Bet the Bracket Risk-Free” promotion, where Arizona customers who wager up to $25 on March Madness contests can get a refund in site credit if their wager loses.
The promotion does not work with bets placed using bonus funds or site credit, odds boosts, cashed out bets, or wagers on events other than the 2022 NCAA Men’s Basketball Tournament.
FanDuel Sportsbook Arizona is also offering customers its “Bracket Parlay Insurance” deal, where those who place a three-plus leg parlay wager with cash can get a refund in site credit if one leg of that parlay loses.
Qualifying wagers must have leg odds of -200 or longer and final odds of +400 or more and contests must take place on Thursday, Friday, Saturday, or Sunday.
For information on FanDuel Sportsbook’s March Madness promotions, visit the “promotions” tab on the operator’s site or mobile application.
Fubo Sportsbook Arizona
One of the newest entrants into the Arizona sports betting market, Fubo Sportsbook Arizona is offering Arizona customers a shot at getting $25 in site credit as part of their March Madness playbook.
The operator allows anyone who opts in on the company’s site or application to score the credit once they’ve entered the code “BET50GET25” and wagered at least $50.
To enter the bonus code, users should bring up their account on the site and locate the “promotions” and “promo code” tabs.