College Basketball Tournament Odds: How to Bet on CBB with DraftKings, FanDuel, and More

College Basketball Tournament Odds: How to Bet on CBB with DraftKings, FanDuel, and More

The national championship tournament for men’s college basketball begins on March 17, bringing one of the biggest betting moments of the year.

With more than 60 teams competing across multiple rounds and millions of fans tuning in, bettors are already preparing for the action.

If you’re looking to get ready for the tournament and want to know how to bet, which sportsbooks to use, and which promos offer the best value, this guide breaks everything down step‑by‑step.

DraftKings Promo: Bet $5, Get $200 Instantly

See below how to claim $200 in Bonus Bets for the College Basketball today:

Step One: CLICK HERE or head to DraftKings and register a new account.

Step Two: Deposit $5 or more into your DraftKings account.

Step Three: Place a $5 bet on any market at minimum odds of –500 or longer.

Step Four: If your wager wins, you will receive $200 in Bonus Bets instantly.

How the CBB 100% Profit Boost Works

Along with the $200 in Bonus Bets, DraftKings gives every qualifying user a 100% Profit Boost Token for a CBB Winner bet.

Here’s how it works:

• The Profit Boost applies only to an CBB Tournament Winner bet
• Maximum bet amount: $10
• The boost doubles your winnings (profit only - not the stake)
• Token expires April 6, 2026 at 11:59 PM ET
• All other bet types are excluded

BetMGM: Bet $10, Get $150 (MI, NJ, PA, WV Only)

This is a straight “bet and get” bonus for new users in select states:

Step One: Visit BetMGM’s website to register your account.

Step Two: Deposit $10.

Step Three: Place your first $10 bet on any market.

Step Four: If that bet wins, receive $150 in Bonus Bets in addition to your cash winnings.

This version applies only to: Michigan, New Jersey, Pennsylvania, West Virginia

BetMGM First Bet Insurance Up to $1,500 (All Other States)

For all other legal betting states:

Step One: Visit BetMGM or click the widget and enter bonus code OCMAX1500 if prompted.

Step Two: Deposit $10–$1,500.

Step Three: Place your first qualifying wager (straight, parlay, SGP, etc.).

Step Four: If your bet wins, you keep profits + stake.

Step Five: If it loses, BetMGM refunds your stake as Bonus Bets (up to $1,500).

FanDuel Promo Code: Up to $300 Back in Bonus Bets Every Day for 10 Days

Step One: CLICK HERE or download the FanDuel Sportsbook app and create your account.

Step Two: Make a minimum $5 deposit.

Step Three: Receive your first No Sweat Token automatically, then check daily for nine more.

Step Four: Toggle on your token before placing any CBB wager up to $300.

Step Five: If your bet loses, receive Bonus Bets equal to your stake within 72 hours.

Bet365 Bonus Code CHECK: Get $365 in Bonus Bets

Step One: CLICK HERE or Go to Bet365’s website or click the widget below (New Customers Only).

Step Two: Register using bonus code CHECK.

Step Three: Deposit $10 and wager $10 on any market.

Step Four: Whether your wager wins or loses, you’ll receive $365 in Bonus Bets.

How to Bet on CBB

Even before odds are posted, you can prepare by understanding the main betting markets and how they work.

1. Outright Winner

A futures bet on which team will win the national championship.

2. Individual Game Lines

Once matchups are announced, you’ll be able to bet on:

• Point spreads
• Totals (over/under)
• Moneylines

3. Futures by Round

Wagers on teams to advance to later stages of the tournament (without using any restricted phrases).

4. Player Props

Depending on your state, you may be able to bet on:

• Points
• Rebounds
• Assists
• Combo props

5. Live Betting

Odds update in real time as games unfold - one of the most popular ways to bet during the tournament.

How to Watch the 2026 CBB in the US

• TV Networks: CBS, TBS, TNT, TruTV
• Tournament dates: March 17 – April 7, 2026
• National Championship: April 7, 2026
• National Semifinals venue: Alamodome, San Antonio, TX
• Streaming: Paramount+, Max, CBS, truTV, TBS, TNT