Spartans Fans: How to Win $150 Bonus to Bet on March Madness

Bet $5, get an instant $150 bonus!

Michigan State has made it to the NCAA Tournament again and you can make the most out of it thanks to DraftKings!

You’ll get $150 in bonus bets if you bet your first $5 or more on any game even if your wager doesn’t win – giving you the chance to win big with house money.

DraftKings MI Promo Code: Bet $5, Get $150

Here’s how you can claim your $150 bonus:

  1. Sign up with DraftKings Sportsbook with this link (no promo code needed)
  2. Verify your identity and location
  3. Deposit $10 or more 
  4. Bet $5 or more on any game

It doesn’t matter what game you wager on and it doesn’t matter if that wager wins or loses.

You’ll instantly get your bonus as long as you deposit $10+ and bet $5+ with your first bet.

Now let’s make sure you know how you can make the most out of those bonus bets.

What Are DraftKings Bonus Bets? 

Your DraftKings bonus bets will arrive in the form of six $25 bet credits that you can find in the ‘Promotions’ page of your account. 

These bet credits allow you to bet on anything with the chance to win as if you wagered with real money. 

You should keep in mind that your bonus bets expire seven days after claiming them, so don’t let them go to waste!

How to Use DraftKings Bonus Bets

Using bonus bets is almost the same process as betting with real money from your account. 

All you have to do is select a wager and add it to your bet slip and then click on the option to apply a bonus bet. 

Then place your bet and you’ll have a chance to win! If your bet wins, it’ll be converted from bonus bets into real cash that you can withdraw!

Odds to Win March Madness

NCAA Tournament Team

Odds to Win









North Carolina


DraftKings already has odds available for which team will win March Madness, and you’ll get at least 4-to-1 odds no matter who you pick. 

UConn leads the pack at +400 odds, but some teams have insane odds, like San Diego State (last year’s runner up) at 90-to-1 odds!

To find odds on the overall winner of March Madness, click on ‘College Basketball (M)’ and then ‘Team Futures.’ You can bet on any team that made the tournament!

Find out what it’s like to win big with house money betting on the madness. Sign up with DraftKings today!

Game odds refresh periodically and are subject to change.