DraftKings Sportsbook Has Bet $1, Win $100 Elite Eight Promo

The NCAA Tournament moves forward with a pair of Elite Eight matchups on Monday and Tuesday, and DraftKings Sportsbook has a new player bonus worthy of the high-stakes matchups.

New players who sign up with DraftKings Sportsbook ahead of any Elite Eight game can lock in the ability to wager $1, win $100 on any team. At 100-1 odds, new players can potentially grab a stellar bonus while taking a very minimal risk.

Ahead of last weekend’s games, DraftKings launched this offer to an outstanding response. In turn, the popular online sportsbook is sticking with it as the Final Four matchups come into focus early this week.

Click here to get 100-1 odds (bet $1, win $100) on any Elite Eight game with DraftKings Sportsbook.

How to Bet $1, Win $100 on Elite Eight at DraftKings Sportsbook

To get this special Elite Eight promo at DraftKings Sportsbook, simply complete the following steps:

Get the registration process started by clicking right here.
Make a first deposit of at least $5 by using any of DraftKings’ available funding methods.
After sign up, head to the offer landing page and select “boost this game” to pick a side at +10000 odds.
If the bet hits, a $100 bonus will be paid within hours of the game’s completion.

This offer is available to new players who are at least 21 years of age and located in legal sports betting markets such as Tennessee, Michigan, Illinois, Pennsylvania, Virginia and several others.

100-1 Odds Elite Eight Odds at DraftKings Sportsbook

The early rounds of the NCAA Tournament always draw a lot of buzz because of fresh brackets and high hopes. By now, many of those brackets are probably busted, but that doesn’t mean it’s too late to win big on this year’s tournament.

DraftKings Sportsbook is giving players who make a $5 deposit on Monday or Tuesday the chance to win $100 with a $1 wager on any Elite Eight matchup.

Interestingly, the plethora of early-round upsets have created four games featuring fairly wide spreads, particularly for this deep in the tournament:

Oregon State (+7.5) vs. Houston
Arkansas (+8) vs. Baylor
USC (+8.5) vs. Gonzaga
UCLA (+7.5) vs. Michigan

Why such a wide gap in these spreads, you ask? The answer is rather simple.

Three No. 1 seeds (Baylor, Michigan, Gonzaga) have been able to avoid major upsets and these teams are now met by programs that very few thought make a run (Oregon State, USC, UCLA).

While there are clear favorites in each matchup at DraftKings, this tournament has consistently proven that anything is possible. As it relates to the 100-1 offer, bettors don’t have to beat the spread, they simply have to pick the game winner. That means bettors have extremely advantageous odds to win during the Elite Eight.

For instance, Gonzaga is -400 to beat USC. Typically, it requires a $400 wager to win $100 on the Bulldogs. With this offer, however, bettors only wager $1 to win the same amount, saving $399 of total risk.

Click here to get 100-1 odds (bet $1, win $100) on any Elite Eight game with DraftKings Sportsbook.