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We’re days away from March Madness soaking up ALL the betting attention and money. If NCAA Tournament betting is of interest, you’d be smart to use BetOnline for all your wagering weeds. As we’re about to explain, BetOnline has the biggest deals and bonuses to take advantage of the college hoops frenzy. Allow us to explain in this article.
Bracket Contest Goes For $200,000 In Prizes
Ah, yes, BetOnline does have a bracket challenge for the entire NCAA Tournament. However, this isn’t one of those that promises a big prize for going perfect in the bracket — a feat that’s believed to be mathematically impossible. This contest is more forgiving than that, thus it’s more likely to actually make money from.
This contest works mostly as you’d expect: make your picks for all 63 games of the tourney. Picks become available to make on Selection Sunday on March 17 until that Thursday when the games begin. You get points for every correct pick, but these points escalate. For example, a correct round-one choice is worth a point but two points for the second round, all the way up to 32 points for picking the national champion right.
All these points are counted up to determine the winners, which there will be 1,250 total of. The prizes are also tiered. For example, the grand winner with the most points collects at least $50,000 in bonus money, while the runner-up gets $25,000 minimum, and so forth.
We say “minimum” and “at least” in regards to prize money because it can be more. See, BetOnline has done something interesting with its pot size. They’ve added $200,000 to the pot, but it can escalate based on the amount of entries they receive. Once the site has broken even (that 200-grand figure), every dollar on every entry will be added on top of the prize. Of course, this money trickles down to all the prize winners.
Based on that, you know this isn’t a free-to-join contest. No, the first entry will cost users $20. Users can pay for extra entries at a discounted rate. For example, the second entry runs for $15, while the fourth is down to $10. Entries can be as cheap as $5 for users entering at least 11 times.
The contest is already running despite the tourney not being set. From now until March 17, users can register to join BetOnline’s massive contest so get on it if we’ve piqued your interest.
Last Chance For NCAA Hoops Contest
Here’s a fun contest that BetOnline is calling the “road to March Madness” contest. As the name hints, this is a contest on pre-tourney games. In other words, you have to get in on this sooner rather than later.
It’s a player prop pick’em style affair. BetOnline will hand-pick 10 different player props on NCAA basketball games around the country. It’s on the contestants to pick their winners on all ten contests and rack up points (one right pick = one point). Points are tallied and the top 100 winners will share a pot of $5,000 in prizes.
We get it, five grand feels like peanuts compared to the $200,000 offer we just covered. But here’s the catch: it’s sort of free to enter this player prop contest. We say sort of because contestants just have to make at least one $10 wager on NCAAB to be eligible to enter this contest. No extra fees beyond that.
Registration for this contest closes on Saturday, March 9. The prop bets will be for the following week’s games, which are conference tournament battles leading up to March Madness.
We should also mention that not only does $5000 hang in the balance, but also free entries to the March Madness contest we mentioned before. The top 25 finishers of this contest earn free bids to the March Madness event — and save on the $20 sign-up fee. As you can see, there’s a whole lot of upside to getting into this tournament and barely any downside.
Sign-Up Bonus Pays Guaranteed Money
We get it, the two prior contests aren’t for everyone. Some of you just want free money to use as you wish on the tournament matchups. If you fall into this camp, you need to hear about BetOnline’s classic sign-up bonus.
Create an account at BetOnline and your first deposit made will earn you free play. How much you earn hinges on the deposited amount. At BetOnline, it’s a 50-percent match up to $1000 in free play. Thus, to earn the max payout, a bettor needs to fund their account with at least $2000. This max bonus is pretty in line with major online sportsbooks.
After that, you’re free to spend the free play earned on any and all bets as it pertains to March Madness or even another sport. Free play lasts a month so you could stretch it out pretty deep into the tourney if you’re smart about it.
That just about does it for BetOnline bonuses and contests. The site obviously offers more, which is covered in our latest BetOnline review, but these promos are timely with the tourney just around the corner. Don’t let these opportunities pass you by.
