bet365 bonus code CTNEWS unlocks $1,000 bet insurance or $150 promo in NC, NJ, Ohio, 7 other states

bet365 bonus code CTNEWS unlocks $1,000 bet insurance or $150 promo in NC, NJ, Ohio, 7 other states

Commercial Content. 21+. Action Network is the official betting partner of the Chicago Tribune.

International betting powerhouse, bet365 — one of the biggest sports betting brands in the world — currently has a dual offer structure for new players in 10 U.S. states. When you sign up with the bet365 bonus code CTNEWS, you’ll get your pick of either of a $1K bet insurance offer or a $150 bet and get.

Unlike other sportsbooks with dual offer structures, you’ll get to pick which offer you prefer as both are available in all 10 states (AZ, CO, IA, IN, KY, LA, NC, NJ, OH, VA) where bet365 operates.

With the bet insurance offer, you can get up to $1,000 back in bonus bets based on the cash value you put down to start the day. If you put down $100 and lose, you’ll get a $100 back as bonus bets.

You can use the hyperlinks above or the module below to sign up with bet365.

Signing up with bet365

Eligibility

New customers only
Must be 21 or older (18+ in KY)
Bet and get has odds requirement of -500
$10 cash deposit is required regardless of which offer you claim

Sign up steps

To get started at bet365, click either the hyperlinks above or the module
You’ll have 30 days to select your offer once you initiate the sign up process
Input relevant personal details to establish your account (home address, birthdate etc.)
Review and approve T&Cs of your selected promotion
Make a cash deposit to register your account
You’re ready to wager!

About the bet365 bonus code offers

Both the bet insurance offer and the bet and get are solid welcome offers for new customers. Each one allows you to take advantage of different parts of the betting process. If you claim the bet insurance offer, you’ll recoup the value of your loss if you lose. With the bet and get, you’ll earn bonus bets regardless of the status of your qualifying wager.

$1K First Bet Safety Net

Since this is a bet insurance offer, you’ll only earn bonus bets if you lose. Thus, this is a solid promotion for players looking to take a shot on an underdog. If you win, your profit will be substantial and if you lose you’ll recover the value of your cash stake as bonus bets.

Say you bet $175 in cash on the Pacers moneyline (+350) in Game 1 of the Eastern Conference Finals. If the Pacers won, you’d collect $612.50 in profit, plus you’d keep your original cash stake. Naturally, you would only earn bonus bets if you lost. In that event, you’d get $175 in bonus bets.

Bet $5 Get $150 in Bonus Bets

Different situation with this promotion as you’ll earn bonus bets no matter how the qualifying wager settles. As long as you place a cash bet of at least $5 or more, you’ll collect when it settles.

In keeping with the example above, if you put down a $10 cash bet on the Pacers to cover the +10 spread (-110) you could win $9.09 in profit if it hits. If it wins, you’d collect the profit, keep the cash stake AND earn the bonus bets. Even if you lost, you’d get the bonus bets.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, NC, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply.