The 2023 NCAA Tournament tips off shortly, getting one of the biggest U.S. sports betting events underway.
Ohioans are experiencing their first March where they can get in on the betting action with legal Ohio sports betting. Like with all staple events, Ohio sportsbooks offer plentiful promos for March Madness. Below, we’ll take a look at the offerings.
Ohio March Madness promos: bracket challenges
One common promotion among several books is a free-to-play bracket challenge. Bet365 offers $10 million to a perfect bracket – which has actually never been recorded – or $100,000 to the top-scoring bracket in its pool. DraftKings Sportsbook also offers $100,000 to their top-scoring bracket; all three are free to enter and ties at the top split up the prize pool.
Before you go punching in your bracket-of-record you labored over with hopes it wins, keep in mind that you’re going to have to play these large pools differently than your buddy pool. Nationally, 21.8% of brackets picked Alabama to win, meaning you might want to scratch the Crimson Tide from your bracket to get different.
Contrarian picks and eliminating popular selections give you a better chance of climbing high up the leaderboard. Teams like UConn, Arizona, and UCLA are going to be sweetheart picks — how do you differentiate your bracket?
Also remember that later-round picks are scored much higher than opening round picks. So spend less time worrying about what 13 upsets a 4 and more on who the Elite Eight will be.
Other Ohio March Madness promotions
Perhaps more bet-oriented promotions will arise as the tournament progresses. Before the Round of 64 tips off, you can take advantage of a handful of promos:
DraftKings Sportsbook
DK offers a no-sweat bet up to $10 on the NCAA Tournament. Opt in under promotions and place a bet with at least -200 odds to qualify. Have a hunch on a +400 first-round longshot? This no-sweat promo gives you the perfect opportunity to fire on that hunch.
Should the bet lose, DraftKings will refund your bet amount in bet credit (up to $10).
FanDuel Sportsbook
Perhaps the most exciting sports betting promo offered for March Madness is FanDuel’s daily parlay insurance. Lay a 3-plus leg parlay with at least +400 odds and, should it lose, FanDuel Sportsbook Ohio will refund your bet amount in bet credit, up to $25.
Especially for the first round, this is exciting for those wanting to string together their upset predictions. Think 10-seed Penn State, 12-seed Drake, and 13-seed Furman all make it to the second round? Fire away with +1200 odds.
FanDuel also offers Ohio bettors a no-sweat bet worth up to $10 to Bet The Bracket. The concept applies the same as DK’s offering.
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