March Madness Sportsbook Promos In Tennessee Are Nothing But Net

Posted on March 16, 2021 - Last Updated on March 6, 2024

March Madness is here and Tennessee sportsbooks are throwing the alley oop to bettors.

Basketball fanatics have an array of new promos and odds boosts to choose from before tip-off time.

The NCAA Tournament action officially kicks off this week.

Tennessee March Madness promos from DraftKings

As the king of promos, DraftKings is running more NCAA Tournament boosts than any other sportsbook in the state.

Bet $4, win $256 for new users

From now until March 22, new DraftKings users can wager $4 on any underdog for a chance to win $256.

First-time depositors must make a deposit of $5 or more into their account. After selecting a team to boost, the user is issued a single-use odds boost of +6400 on their chosen team.

March Mania 75+ point insurance

With DraftKings’ optional March Mania Insurance, players can get their bet back if their team loses but still scores 75 or more points.

The offer applies to pre-game moneyline bets placed on any Round 1 and Round 2 games from March 19 – 22.

Refunds of up to $50 will be provided in the form of a free bet.

March Mania parlay boost

The March Madness promos wouldn’t be complete without a DraftKings parlay boost. After opting in, players will receive a 20% profit boost to use on any college basketball 4+ leg parlay on March 19 – 20.

The maximum wager here is $50, and the maximum payout potential is $250. While the offer excludes same-game parlays, traditional parlays and live bets are permitted.

$2M Championship Series Millionaire Bracket

This bracket contest from DraftKings boasts a $1 million top prize and $2 million overall prize pool.

For every bracket entry into this DraftKings pool contest, players earn one 64% profit boost on a future bet.

DraftKings caps the number of potential profit boosts at 20.

Additionally, these boosts must be used within seven days on wagers of $50 or less and have a maximum potential payout of $250.

Keep It Fresh odds boost – presented by Irish Spring

Finally, DraftKings is running an odds boost of +100 for the Michigan State Spartans to beat the UCLA Bruins on March 18.

Bets on this boost are limited to $25 per user.

FanDuel gives Tennessee bettors a risk-free bet

In place of FanDuel’s traditional Spread the Love promo, the sportsbook is offering Tennesseans an exclusive $50 risk-free bet.

All users can opt into the promo, then place a bet before Thursday, March 18 at 11:59 p.m. ET.

If the bet loses, FanDuel will refund the wager in the form of a free bet up to $50.

BetMGM throws in a parlay boost

BetMGM is boosting March Madness action with Parlay Boost Tokens.

Bettors who apply the parlay boost to any 3+ leg parlay will receive an additional 10% cash boost on their winnings.

William Hill adds a handful of March Madness promos to the mix

William Hill may be the new kid on the block when it comes to Tennessee sportsbooks, but it’s already running with the pack as far as NCAA Tournament promos go.

Odds boosts

Users can receive a +550 boost on Tennessee, Arkansas, Missouri and LSU all to win their first round games.

Bettors can also grab a parlay on Villanova, Tennessee, Colorado and Creighton for +300.

Moreover, first time depositors can currently earn a free bet of up to $2,021 if they lose their first bet at the sportsbook.

50% Hoops Refund

Those that wager $10 or more on the men’s 2021 NCAA Tournament champion can still walk away a winner even if their team loses. The 50% Hoops Refund provides players with a 50% refund of their original wager if their team makes it to the Final Four but loses the tournament.

Free bets for this promo are limited to a $50 maximum.

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Alec Cunningham

As a college athlete, Alec Cunningham played Division II golf at Tusculum University. She graduated in 2015 with a bachelor’s degree in Journalism and Professional Writing. She then returned to her love of written word in 2000 after working in the music industry as a concert promoter, tour manager and artist developer. As a journalist, she's covered a variety of topics and currently specializes in Tennessee online sports betting and Virginia casino news. She served as a panelist at this year's All American Sports Betting Summit, discussing the ever-evolving role of women in the gambling industry.

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