DraftKings promo code nets $200 in bonus bets instantly for March Madness First Four Wednesday

While the North Carolina Tarheels and Alabama State Hornets punched their March Madness ticket last night, there’s still two games remaining in the First Four — and this DraftKings promo code secures new players up to $1,250 in bonus bets on the games.

DraftKings promo code: Bet $5, claim $200 in instant bonus bets for March Madness First Four today

Two teams will have their March Madness fate decided this evening, with Mount Saint Mary’s taking on American, and Xavier set to tangle with Texas. Winners of each will become official entrants into the 2025 NCAA Tournament slate.

This DraftKings promo code celebrates the official start of March Madness by offering three unique bonuses for new bettors — details are below:

  • You’ll earn a $50 bonus bet with an initial deposit of at least $5.
  • DraftKings will then match that deposit at  20 percent for a maximum match of $1,000 ($5,000 deposit). This deposit match is available in all DraftKings states aside from Massachusetts.
  • To cap off this bonus trio, new users will instantly receive $200 in bonus bets after placing their first qualifying wager of $5 or more.

There are a wide variety of sportsbooks out there, but DraftKings is serving up one of the top sports betting bonuses for new bettors.

Full terms and conditions can be viewed by following any one of our DraftKings promo code links.

March Madness First Four preview and odds from DraftKings Sportsbook

There are two remaining spots in the March Madness bracket, and tonight four teams will battle to claim them.

The American Eagles (22-12, 16-5 Patriot League) and Mount St. Mary’s Mountaineers (22-12, 15-8 MAAC) get things started at 6:40 pm EDT this evening, where the Eagles hold a slight 2.5-point advantage. The over/under currently sits at 129.5 points.

American is 0-3 in its NCAA Tournament history, with its last appearance in 2014 when they were knocked off in the first round by No. 2 Wisconsin.

Mount Saint Mary’s has a couple of March Madness First Four wins under its belt, but has never escaped the first round.

The winner of this contest gets the joy of taking on No. 1 Duke on Friday.

Tonight’s second game features the Xavier Musketeers (21-11, 13-8 Big East) against the Texas Longhorns (19-15, 8-13 SEC). DraftKings has Xavier as 2.5-point favorites, with the over/under at 151.5 points.

Texas tallied a marquee win over Texas A&M in the SEC Tournament, likely why they were tabbed as one of the First Four teams. Buoyed by freshman guard Tre Johnson who is averaging 19.8 PPG, the Longhorns certainly have the personnel to make some noise in March Madness.

Xavier and Texas have met three times in the NCAA Tournament, with the Musketeers holding a 2-1 edge over the Longhorns. The winner will face No. 6 Illinois on Friday.

Along with its welcome bonus that can earn new users up to $1,250, DraftKings has a wide variety of ongoing offers at one of the major sports betting apps in the US, including:

  • Odds boosts: Receive enhanced odds and increased payouts on select betting markets.
  • Referral bonus: Send your personal referral link to a DraftKings newcomer, and when they open a DraftKings Sportsbook account and deposit at least $25, you’ll both receive bonus bets matching their first deposit up to $100.
  • DK pools and contests: Compete for real-money prizes by playing in pools and contests — some of which don’t require an entry fee.

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