College Basketball Betting Promos 2024

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College Basketball Betting Promos 2024

Author: Andy Hammel | Last Updated: January 25, 2024 | Fact Checked By: Josh Collacchi

The NCAA Men's Basketball season attracts a large number of bettors every year, and college basketball betting promos are available at all top betting apps like Caesars Sportsbook and BetMGM.

Below, we'll go over the NCAAB betting promotions available at various online sportsbooks for prospective college basketball bettors, including what players gain from them, terms and conditions, and how to sign up.

College Basketball Betting Promotions & Bonuses

Bet $5 Get $150 Instantly in Bonus Bets After Placing Your First Wager

No promo code Copied!

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$1000 First Bet on Caesars

No promo code Copied!

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Bet $5, Get $150 in Bonus Bets

No promo code Copied!

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$105 on Fred If Your First Wager Loses

No promo code Copied!

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No Sweat First Bet up to $1,000

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Sports betting offers are not available this state.

Top College Basketball Betting Promos for January

🎁 BetMGM Bet $5, Get $158 in Bonus Bets – AMERICANGAMBLER
🎁 Caesars $1000 First Bet on Caesars –JULIUS1000
🎁 DraftKingsBet $5, Get $200 in Bonus Bets Instantly – CLAIM HERE
🎁 FanDuelBet $5, Get $150 in Bonus Bets – CLAIM HERE
CBB Promos VerifiedJanuary 2024

BetMGM Sportsbook CBB Promo

BetMGM offers bettors a wide range of ways to bet on college basketball, and merits checking out for bettors looking for a high-end experience. Players who sign up with BetMGM bonus code AMERICANGAMBLER this college basketball season are eligible for their Bet $5, get $158 welcome bonus. It's as simple as it sounds: sign up with the promo code, place a $5 bet, and receive $158 in bonus bets to play with.

Existing players at the King of Sportsbooks also enjoy access to promotions, including Lion's Boosts — which offer increased odds on specific games and player props. It's a great destination for players in search of a great NCAA basketball betting experience.

Caesars Sportsbook CBB Promo

Caesars Sportsbook has a plethora of betting markets to choose from, including several in the realm of college basketball.

New players can sign up using Caesars Sportsbook promo code JULIUS1000 and redeem a $1,000 first bet offer. Terms are simple: sign up using the promo code JULIUS1000, place your bet, and wait for it to resolve. If it wins, you win; if it loses, Caesars will provide you with bonus bets equal to the value of your stake — up to $1,000.

It's a generous welcome bonus and among the best first-bet insurance offers available for college basketball fans, but Caesars provides incentives for their existing players as well. Check the Promotions tab on Caesars' website or mobile app for the latest about available offers on NCAA basketball and other college sports.

DraftKings Sportsbook CBB Promo

Players looking for the best college basketball betting experience can do far worse than DraftKings. Right now, new players can sign up at DraftKings Sportsbook, bet $5, and receive $200 in bonus bets.

No DraftKings promo code is required to claim the offer, and the bonus bets are awarded to your account regardless of how the $5 bet resolves. Terms and conditions apply, and bonus bets will expire if not used within a set number of days, but it's a great offer for college basketball fans looking to bet a lot on a minimal deposit.

Of course, existing players at DraftKings Sportsbook can also enjoy betting on college basketball. The DraftKings mobile app has a designated page for active promotions — players can check there for the latest promos for new and existing users.

FanDuel Sportsbook CBB Promo

Players looking for a high-end college basketball betting experience, starting with a generous and accessible welcome bonus, will have a hard time doing better than FanDuel. This college basketball season, new customers at FanDuel Sportsbook can sign up, bet $5, and get $150 in bonus bets. No promo code is necessary to redeem the bonus, and the bonus bets are rewarded regardless of whether the initial bet wins or loses.

Few sportsbooks outdo FanDuel in terms of profit boosts, parlay boosts, and other recurring bonuses for existing players. Keep an eye on the promotions tab of the FanDuel Sportsbook website or mobile app to stay up to date on available college basketball offers.

BetRivers Sportsbook CBB Promo

BetRivers is offering up to $500 in first-bet insurance to welcome new players for the college basketball season. All players need to do is sign up, enter the BetRivers promo code, and place their bet. If they lose, BetRivers will return the stake — up to $500 — in the form of a bonus bet.

It's a worthwhile offer to get players in the door of the sportsbook, where they'll find a dedicated rewards program and recurring bonuses, including house specials, to reward frequent bettors. College basketball fans looking for a sportsbook with the above, as well as an active live-betting scene and other amenities, would do well to check out BetRivers.

bet365 Sportsbook CBB Promo

Few sportsbooks on the American market have a longer history than bet365, which has set up operation in seven states since crossing the pond. Players looking to bet on college basketball at bet365 can sign up now and claim their choice of welcome bonus: bet $5, get $150 in bonus bets OR get up to $2,000 in first-bet insurance.

As welcome bonuses go, bet365 would have among the most generous offers on the market with either option individually — that they offer both truly sets them apart. No promo code is necessary to redeem either offer

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How to Claim College Basketball Betting Promos

All of the college basketball betting promotions above are simple to claim. Follow the link from the page to your sportsbook of choice, enter the promo code (if necessary) during the signup process, make a deposit, and place your first wager.

Where To Redeem College Basketball Betting Promos

Several sportsbooks offer welcome bonuses to college basketball fans looking to get into betting, but we recommend the sportsbooks listed above. For fans looking to play with bonus bets upfront without a huge deposit, the offers from DraftKings, BetMGM, and FanDuel should be especially appealing. Fans looking to maximize insurance for a bold first bet might want to check out the offers from Caesars, BetRivers, or bet365.

How to Redeem College Basketball Betting Promos

The above college basketball betting promotions all redeem themselves without any extra steps taken by the player who claims them. For CBB bet-and-get promotions, there are no extra steps at all — simply place the $5 bet on any college basketball market and receive the bonus bets from the sportsbook. Players who've redeemed an offer for first-bet insurance will need to wait for their first bet to resolve.

While bonus bets aren't withdrawable or transferable and expire after a set time if not used, there are few restrictions at most sportsbooks on how they can be spent. Details about how each welcome bonus regulates their bonus bets can be found on the redirect page at the sportsbook.

Promotions for College Basketball

College basketball promotions can change weekly, with different sportsbooks fielding varying offers on varying timetables. Promo codes for redeeming these bonuses may change during the season.

Not all offers are created equal, of course. Bonuses should be evaluated for the overall value they provide, how much player investment is required, and the timeframe in terms of participation and payout speed. The best college basketball betting promos are mindful of player concerns and offer accessible promotions that can be redeemed via bets on any number of college basketball odds, or any other sports betting market on the site.

The offer from bet365 stands out for how flexible it is for the player, providing bonus bets regardless of how the first bet resolves or a significant amount of first-bet insurance.

What Do CBB Promo Codes Do?

The best NCAAB sportsbook promo codes, like online discounts, are offered by top brands (like Caesars Sportsbook, FanDuel Sportsbook, and bet365) to encourage players to bet with them. These promo codes are designed to attract new customers by providing bonus bets via welcome offers and promotions.

Players can benefit from these deals by simply entering any necessary promo code during the account signup process, then making a deposit and fulfilling any required betting conditions. Once these steps are complete, the welcome offer is fulfilled and the bonus bets (or other awards) become available in the player's account.

In states without legal sports betting, players can still explore Daily Fantasy Sports (DFS) and free-to-play betting apps for promo codes to get in on the action.

Types of CBB Betting Promotions and Bonuses

Bonus Bets and Site Credits

Bonus bets are a common benefit offered by sportsbooks in welcome bonuses or other recurring promotions. Their function is simple — you can bet with them at no cost, but the value of the bonus bet staked isn't factored into resulting winnings. If you bet on moneyline odds of +110 for any college basketball game with $10 of your own money, you'll receive $21 if it wins — the $10 you put down and the $11 you won from the bet. An equivalent bet made with a bonus bet will only pay out $11.

Site credit is a more valuable stake for bettors, and is typically harder to receive as a result; while some sportsbooks hand out bonus bets liberally, site credit is more often reserved for bet-insurance promotions. It's similar to bonus bets in that site credit can't be withdrawn or transferred and expires after a set time if not spent, but it differs in that the stake is still factored into the winnings. A $10 bet made with site credit on +110 odds will pay out the full $21.

Deposit Bonuses

Deposit bonuses are sometimes featured at sportsbooks as betting promos, where bettors deposit a set amount of funds and receive bonus bets or site credits in return. The above welcome bonuses, which all require placing a bet and therefore require making a deposit, can be categorized as deposit bonuses.

Bet Credits and Insurance

Bet credits and insurance are involved in several betting promos, including college basketball bonuses. They incentivize players to make large bets by providing insurance in the form of bonus bets or site credit if the bet loses, typically equal to the player's stake (up to a certain amount). Players who participate in such an offer can bet $500 (or more) on any college basketball game and receive $500 in bonus bets if they lose; if they win, of course, they'll pocket their winnings.

First-Bet Match

First-bet match offers are common at American sportsbooks. Players sign up with a betting operator, place their first bet, and wait for it to resolve. If it loses, the sportsbook will award the player with bonus bets equal to the value of their wager — up to a certain number, which is featured in the marketing of the promotion.

Bet & Get Offers

Bet-and-get bonus offers are also common at American sportsbooks. Terms are simple: players bet a certain amount, usually $5, and are awarded a set number of bonus bets. These offers are generous, and incentivize players to make follow-up bets in short order given the bonus bets expire if not used. Fans looking to get into NCAA basketball betting this season will find doing so far easier with the help of available bet-and-get offers.

College Basketball Betting Promos FAQ

Andy Hammel

Andy is our resident NFL expert, but his knowledge extends to all corners of the sports betting industry. Andy is always tracking betting trends and keeping you up to date on all the relevant news in your home state.