Indiana Sportsbooks Refresh March Madness Betting Promos For Sweet 16

Posted on March 26, 2021 - Last Updated on March 20, 2024

The Sweet 16 is here and Indiana’s sportsbooks are ready for more basketball. Indiana online sportsbooks are pumping out a new round of Sweet 16 betting promos for Hoosier gamblers.

There might not be any Indiana schools remaining in the tournament, but Hoosiers looking to wager on March Madness in Indiana can still use these deals to make the most of this once-in-a-lifetime tournament.

DraftKings Sportsbook Sweet 16 betting promos

March Madness/UFC 260 100-1 odds boost

The first Sweet 16 promotion from DraftKings is for new users only, so you’ll have to sit this one out if you already have an account.

In a nutshell, the “Choose Your Boost” deal is a bet $1 to win $100 promotion.

However, this isn’t strictly a March Madness deal.

You can use the promotion to bet on any NCAA Tournament game, or you can use it on the big title fight this Saturday at UFC 260.

Stipe Miocic will be facing off against Francis Ngannou for the heavyweight title.

All you have to do to qualify for the deal is to sign up for DraftKings.

Once your account is all set up, just deposit at least $5. After you do, DraftKings will credit your account with the 100-1 odds boost.

DraftKings March Madness profit boosts

DraftKings also has a new profit boost up for the NCAA Tournament.

This deal is available for all DraftKings users, so everyone can get in on the fun.

The profit boost will increase your March Madness winnings on every game that you bet on either March 27 or 28.

The boost is either 25% or 50% depending on the game.

You can even use the promo for live betting if you’d rather bet on the action as it’s happening.

If you’re already planning on placing March Madness bets, then this deal is a great reason to bet with DraftKings. Since the profit boost applies to every tournament game, it’s a fantastic way to increase your winnings over the weekend.

March Mania parlay profit boost

The third and final new March Madness promotion from DraftKings is another profit boost.

However, this one applies specifically to NCAA Tournament parlays.

The promo will boost your winnings by 20% on any parlay with three legs or more.

The odds for that parlay will have to stack up to -500 or higher. For example, a -200 parlay would still qualify you for the deal, but -700 odds would not fit under that requirement.

There is a max $50 bet for the profit boost, which can add up to a maximum of $250 in additional winnings.

In order to use the deal, just opt-in under the “Promos” section of the DraftKings website or app.

FanDuel Tournament Parlay Insurance

FanDuel’s Sweet 16 promotion also focuses on parlay betting.

The “Tournament Parlay Insurance” is exactly what it sounds like. It gives gamblers a chance to earn some of their money back on a losing bet.

To qualify for this deal, you’ll have to place a March Madness parlay with at least three legs.

The odds for that parlay will have to stack up to at least +350.

FanDuel’s insurance will refund you up to $25 if exactly one leg of your parlay loses.

If you plan on placing a parlay or two over the weekend, then this is a great way to bet with a little less risk.

BetRivers Mystery Madness

If you’re new to using BetRivers, then you’ve been missing out on some great deals.

The company’s “Mystery Madness” gives gamblers a brand new promotion every single day for March Madness.

The deal for March 26 is a 25% profit boost on any NCAA Tournament parlay with four legs or more.

Since the Mystery Madness deal changes every day, it’s worth checking back in day after day to catch the latest promotion.

If today’s promo doesn’t interest you, then tomorrow’s could easily end up catching your eye.

Unibet 3-Point Madness

Michigan is the last Big Ten team standing in this year’s tournament.

Since the Wolverines have plenty of fans throughout Indiana, Unibet’s latest promotion is centered around the team.

Michigan’s next game will be against Florida State on March 28.

If you place a bet worth $50 or more with Unibet, then the company will give you an extra $3 for every 3-pointer your team scores.

So if you bet on Michigan and the team hits 10 shots from behind the arc, you’ll win an extra $30.

Those winnings will be paid out in bonus bets, but it’s still a solid opportunity to build up your Unibet account’s wallet.

William Hill $16 bonus bets

William Hill is giving bettors a chance to win some extra March Madness money.

Since it’s the Sweet 16, the sportsbook is giving out sets of $16 bonus bets.

Of course, you’ll have to sign up for William Hill if haven’t already.

All you have to do to qualify for the deal is bet $64 or more on the spread of a Sweet 16 game.

Once you do, the sportsbook will give you $16 for every player on your team that scores 16 points or more.

You can only use this promotion for one game, so choose wisely.

Just be sure to opt-in to the deal under the promos section on the William Hill app.

This is the full list of Sweet 16 deals for now, but that could easily change over the weekend as more offers trickle in. Check in with your favorite sportsbook closer to game day for the complete list of options.

Photo by Associated Press
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Jake Garza

Jake Garza is a US Gambling Industry Analyst for Catena Media. He specializes in Midwest sports betting and casino content. Prior to covering the legal gambling industry, he spent time as a professional sports writer, reporting on teams such as the Cincinnati Bengals, Indianapolis Colts and Indiana Pacers. Garza is currently working as a Managing Editor for PlayIndiana and PlayOhio, with previous stops at other well-known brands such as PlayIllinois and PlayMichigan. He has been covering the gambling industry since 2019, and currently works with a team of other journalists to provide comprehensive coverage of the legal U.S. gambling industry.

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