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BetFred March Madness Bonus Offer: Bet $30, Get $100

BetFred March Madness Bonus Offer
By Chris Lollis on March 18, 2022

March Madness is officially here, which is the biggest month on the sports betting calendar and, along with the action, comes some great promotions from the top sports betting apps in the industry. One of our favorite offers for the NCAA Tournament comes from BetFred Sportsbook, which is available in Arizona, Colorado, Iowa, Louisiana, Nevada, and Pennsylvania.

BetFred is offering new players in those six states $100 free on each of their first three $30 March Madness wagers. That's $300 free for placing whatever $30 wager you want, as long as the odds are -200 or better!

How to Sign Up for this March Madness Offer

Registering at BetFred with this bonus offer could not be easier. Follow these four steps to be sure to receive your $300 bonus today:

  • Register at BetFred from the offer landing page. You can register through the website or app and no promo code is needed, so be sure to leave the box blank to receive the March Madness offer.
  • Deposit at least $30 to be sure you can place the required bet to receive your first $100. To receive the full $300 bonus, deposit at least $90.
  • Place up to 3 $30 wagers with -200 odds or better.
  • Receive a $100 free bet for each wager you place, regardless of the outcome of your wager.

Terms for This Offer

As is the case with any bonus offer, it is important to review the terms and conditions for this BetFred promotion before you place your first wager. Here are the key terms to be sure you are aware of before placing that first $30 wager:

  • This offer is limited to new BetFred players that are located in eligible states.
  • To qualify, wagers must be at least $30 and have odds of -200 or better (-210 will not count).
  • Your $100 free wager will be added to your account within 24 hours of the required bets being settled.
  • Free bets cannot be used on BetFred Boosts and must also have odds of -200 or better.

Our recommendation to make sure you meet these terms, without making risky wagers, is to find moneyline wagers as close to -200 as possible. For instance, LSU is a 4.5 point favorite against Iowa State, but their moneyline is -190. This bet would qualify and should cash, meaning your total payout for that wager would be $46 and a free $100 bet.

BetFred March Madness Features

Notable BetFred Features

BetFred is one of the oldest (founded in 1967) and most successful (£10 billion handle in 2018-2019) sportsbooks in the world. Their app is amongst the best in the US sports betting market, with all of the features you would expect to find at any of the top sportsbooks.

Here is just a sample of some of the features you can expect to enjoy as a BetFred customer:

  • Smooth betting experience - From live betting to same game parlays and player props, BetFred offers a polished betting experience. Their apps are easy to navigate and offer a wide variety of deposit and withdrawal options.
  • Daily BetFred Boosts - Daily odds boosts are extremely popular at all of the top US sportsbooks, and BetFred has one of the widest selections available on a daily basis. With these offers, bettors can get increased payouts on popular wagers across all sports.
  • Cash Out Options - One feature that is popular amongst parlay bettors, but is not widely available, is the cash out option. This feature allows you to cash out a live parlay early for a reduced payout and removes the hassle of hedging bets.
  • Simple House Rules and Great Promotions - Beyond just having a great app, BetFred treats their customers extremely well. The support team is great, the house rules are transparent and player-friendly, and the terms attached to all of their promotions are also extremely player-friendly.

Looking for even more offers? Track every March Madness offer and be sure to check out the FanDuel offer which includes an instant $150 bonus with any $5 wager.

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