March Madness First Four Promos: Bonuses For Xavier Vs. Texas

March Madness is tipping off this week with First Four matchups, and sportsbooks are offering promotions to juice the action.

Xavier and Texas play Wednesday night at 9:10 p.m. Eastern in Dayton, Ohio, for the right to face No. 6 Illinois Friday in Milwaukee. 

Here is a look at some of the best March Madness promos at sportsbooks, along with our best bet for the Xavier vs. Texas First Four matchup. 

Bet365 March Madness Promos: Choose Between Two

New customers can choose between two promotions at bet365 when they sign up and deposit at least $10. Either get your first bet insured up to $1,000 or receive $150 in bonus bets when you wager at least $5, whether your bet wins or loses. 

For this game, bet365 is offering a boosted parlay for either team to win. Get +750 odds for Xavier to cover 4.5 points and score over 86.5 points, or get +600 odds on the Texas moneyline along with over 82.5 points from the Longhorns. 

BetMGM March Madness Bonus: Up To $1,500 Back

The welcome offer at BetMGM consists of up to $1,500 back in bonus bets if your first bet loses, making it potentially one of the biggest promotions in the industry.

The book also is offering a free-to-play promotion called March Matchups, where account holders can win a share of $250,000 by picking totals and sides for each matchup along with some questions about the game. 

During March Madness, MGM is boosting underdog moneyline bets periodically in most markets with the underdog boost promotion. 

Caesars March Madness Bonus: 10 100% Profit Boost Tokens

Caesars is offering 10 profit boost tokens for bets up to $25 to new customers who place a bet of $1 or more.

These tokens offer a 100% profit boost on qualifying wagers for a maximum potential payout of $2,500 for each token. 

DraftKings March Madness Promo: Up To $1,250 In Bonuses

DraftKings has a three-pronged bonus offer for all new customers.

New customers will get a $50 bonus bet with a $5 minimum initial deposit. New customers can then use that $5 to place a bet and get an additional $200 in bonus bets. Those looking to bet a bit more can get a 20% deposit match up to $1,000.

There is a 25x playthrough requirement for the deposit match.

Best Bet For Xavier VS. Texas

Xavier (-2.5)  

This is effectively a home game for Xavier, which is just a few miles away from Dayton. Texas is a poor defensive team that allowed 72.2 points per game, and its leading scorer, Tre Johnson, is only a freshman, while Xavier has experience at the top in the form of senior forward Zach Freemantle.

Xavier shared the ball all year, with the fourth-highest assist-to-field goal ratio, and that ball movement could expose a weak defensive team.