March Madness is here and one of my favorite basketball sports books is running an excellent contest. JustBet is one of the only online bookmakers to run a NCAA March Madness promotion thus far. This promo is called the March Mayhem and they are giving away $5,000 in free money during the 2012 March Madness. This contest starts on March 8th so you still have a solid week to figure out your game plan. March Madness is the largest basketball betting event of the year so you will be placing many bets as it is. Just Bet will enable you to win prizes simply for doing something you would have done anyway. Here is an overview of this contest.
March Mayhem Contest – Prizes & Rules
Just Bet is running this contest from the 8th of March to the 2nd of April. The objective is to place as many college basketball bets as you can during this period. Only NCAA basketball bets will be counted but the minimum wager is only $10 so even small-time bettors can win. JustBet will only count winning March Madness bets so 20 winning $10 wagers will count more than 19 winning $100 wagers. Sports books typically focus on high stakes bettors when they run contests like this. Just Bet has shown that they will reward small-time recreational bettors and serious sports bettors alike.
Every successful $10 March Madness wager you place at JustBet will count. They are awarding cash prizes to the winners in two ways:
- Weekly – Each week Just Bet will award cash prizes to the top 5 March Madness bettors. The prizes are $250, $100, $50, $50 and $50.
- Overall – The top ten players with the most overall bets during the 2012 March Madness contest will win a piece of the Grand Prize. These prizes are significantly larger than the weekly prizes: $1,000, $500, $250, $200, $150, $100 and $50 for 7th thru 10th place.
Virtually every type of winning college basketball bet will be counted for both the weekly and Grand Prize contest:
- Point spreads
- Moneylines bets
- Over/under bets
- Parlay bets
- Teaser bets
- Prop bets
- First half, second half & first quarter bets
I am really looking forward to this contest. I am far from a high stakes bettor so this contest is very appealing to me not just because even small $10 bets count but because they only count winning wagers. A winning bettor with a small bankroll can do just as well or bettor as a well funded bettor with a mediocre record.
About JustBet & Tips For The 2012 March Madness Contest
JustBet is not the largest online sports book so you will not be competing against tens of thousands of other bettors during the March Madness contest. You will not have to deposit thousands of dollars to stand a chance of winning a prize during this contest. Betting wisely is more important than betting a lot or betting big. Even if you only have a $200 bankroll you can stretch that pretty far. If you place 20, $10 straight NCAA basketball wagers and win 15 of them you can essentially use your profits to make even more bets.
You can easily place hundreds of wagers with a very small amount of money if you can manager to break even. If you are new to JustBet you can claim the first deposit and re-load deposit bonuses. This will allow you to place even more March Madness wagers. Here is some info about this sports book:
- U.S. citizens welcome!
- JustBet is giving all new sports bettors a 50% signup bonus and a 50% re-load bonus.
- Mobile bettors can claim a free $10 for trying out their iPhone, Blackberry or Android mobile betting service.
- JustBet is running another March Madness promotion. The $5,000 Final Four Frenzy Sweepstakes is just as exciting as the March Mayhem contest. You can win a free trip to the brackets final for you and a friend. I will be writing an overview of this promotion tomorrow so please check back here.
- Visit Justbet & signup
