TBT Odds: How to Bet on The Basketball Tournament With DraftKings, FanDuel and More

This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports.

The Basketball Tournament is down to the quarterfinals. As these teams chase the $2 million prize, bettors can win big too, with bonuses from sportsbooks and their new user promos.

The Red Rose War Ready face Gotham City Bockers in the Vegas Bracket, with the winner advancing to face Davis Steel in the next knockout round. The winner advances to face Davis Steel, while Heartfire Elite awaits the winner of Knueppel Crew and The Mecca. 

The Kansas alumni team JHX Hoops meets defending champion AfterShocks in one of the biggest games of the tournament. Tonight’s winner between JHX Hoops and AfterShocks advances to Wednesday’s Alumni Bracket Championship against La Familia, the Kentucky alumni team. 

The winner of that game earns home-court advantage for the $2 million championship on Aug. 2 against the winner of the Vegas Bracket.

Those Round 2 winners will then meet in the Vegas Bracket Championship, with the survivor earning a trip to face the Alumni Bracket champion for the tournament title.

The opening Alumni round was played as a best-of-three series, but every remaining game—including the bracket championships and the $2 million final—is single elimination. 

With just a few teams left standing, every possession carries championship implications and every game moves one team a step closer to claiming the $2 million prize.

FanDuel

Bet $5, Get $200 in Bet Reset Tokens for 5 Days

1. Create a FanDuel Sportsbook account.
2. Place one $5+ real-money wager each day for up to 5 days (must be between 3AM ET and 11:59PM ET).
3. Earn a Bet Reset Token for each qualifying day—up to 5 total tokens.
4. Apply your Bet Reset Token when placing a wager to activate protection.
5. If your wager loses, you’ll receive a refund in Bonus Bets (up to $200 per token).
6. Refunds are issued within 72 hours after bet settlement as Bonus Bets that expire in 7 days.
7. Bet Reset Tokens expire 24 hours after being issued.

Gotham City Bockers vs. Red Rose War Ready

*Odds may differ each site*

JHX Hoops vs. AfterShocks

DraftKings

Claim the New User Offer No Promo Code Needed

1. Sign up for a new DraftKings Sportsbook account.
2. Deposit funds (minimum $5).
3. Select the New Customer Token.
4. Place a $5+ cash bet (-500 odds or longer).
5. You will receive $200 in bonus bets instantly, regardless of the outcome of your qualifying wager.
6. Works the same on desktop & mobile.

The Mecca vs. Heartfire Elite

Caesars Sportsbook

Sign Up and Claim the Caesars Sportsbook Promo Code

1. Click here. This will take you directly to the Caesars Sportsbook betting app or website, where you can select your state. Make sure promo code FOXDYW is applied.
2. Select Sign Up and create a new account by entering your personal details, including name, email, address, date of birth, and the last four digits of your SSN.
3. If prompted, enter promo code FOXDYW to ensure the offer is applied.
4. Place a $1+ cash wager on any eligible market.
5. Receive 10 × 100% Profit Boost tokens in your account.
6. Apply the boosts to wagers (up to $25 each) within 14 days to increase potential winnings.

TBT 2026 Winner

*Odds may differ each site*

• La Familia: +200
• AfterShocks: +370
• Davis Steel: +500
• Heartfire Elite: +600
• The Mecca: +1100
• Red Rose War Ready: +1100
• JHX Hoops: +1200
• Gotham City Bockers: +1500

bet365

How to claim bet365 Promo with Bonus Code ‘FOX365’.

1. Click this “Claim Bonus” button to go directly to bet365.
2. Select Sign Up and create a new account by entering personal details (name, email, date of birth, address, last 4 digits of SSN).
3. Enter the bonus code FOX365 when prompted to ensure the offer is locked in.
4. Make a minimum first deposit of $10 using an accepted payment method (PayPal, debit card, online banking, etc.).
5. Place your first wager. For the Bet $10, Get $150 offer, place a $10+ real-money bet on any market with odds of -500 or longer; win or lose, you’ll receive $150 in bonus bets once it settles. For the $1,000 First Bet Safety Net, place your first real-money bet; if it loses, bet365 refunds the stake (up to $1,000) in bonus bets.
6. Bonus bets are credited within 24 hours of the qualifying wager settling.

BetMGM

How to Sign Up and Claim the BetMGM Sportsbook Bonus Code

1. Click here. This will take you directly to the BetMGM app or website and automatically apply the promo code.
2. Select Sign Up and create a new account by entering personal details (name, email, date of birth, address, and last 4 digits of SSN).
3. When prompted, enter the promo code FOXSPORTS to ensure the offer is applied.
4. Make your first deposit of at least $10 using an accepted payment method (PayPal, Venmo, debit card, online banking, etc.).
5. Place your first real-money wager on any eligible sport:
6. If claiming the $1,500 First Bet Offer → refund is triggered only if the first bet loses.
7. If claiming the $10/$150 Alt Offer → the bet must win to receive the $150 bonus bets.
8. Bonus bets are credited to your account within 24 hours once the qualifying bet settles.