The international betting giant has a unique dual offer structure for new players in 10 states.
You can use the bet365 bonus code CTNEWS to select either a $1K First Bet Safety Net offer or a bet $5 get $150 in bonus bets welcome promotion.
Both of these offers are available for any new customers in Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, North Carolina, New Jersey, Ohio or Virginia.
Once you’ve initiated the sign up process, you’ll have 30 days to select one of the two available offers.
If you’ve tested the sports betting waters with other books, you’ll likely be familliar with the structure of both promotions but if not, we’ll provide a quick overview and run through some potential wagers below.
As it sounds, the bet insurance offer will give a fallback in the event that your first cash wager loses. Essentially, your first bet is on the house — up to $1,000. You’ll get the value of your first cash wager credited to your account as bonus bets if your initial cash wager loses. So if you win you’ll collect the profit and keep your stake. If you lose, you’ll forfeit the cash stake but will get the value of the cash stake as bonus bets credited to your account.
The bet and get is more direct. Sign up and place a cash bet of at least $5 to trigger this offer. Once it settles, regardless of whether you win or lose, you’ll get $150 in bonus bets.
There are some key points to remember when signing up with bet365:
Both offers are only for new customers
Only players who are 21 or older are eligible (18+ in KY)
Both promos require a cash deposit of $10 to register your account
Bet & get offer has an odds requirement of -500
Bonus bets are valid for seven days from point of distribution
Once initiated, you’ll have 30 days to select one of the two offers
Using the bet365 bonus code offers
There’s a whole host of wagering options this weekend. On Sunday, there are four NBA Playoff games on TNT and ABC, respectively. Plus four NHL Playoff on TBS and TNT and 15 different MLB games. No shortage of betting options, and we’ll outline a few potential bets to correspond with each offer.
$1K First Bet Safety Net
This offer lends itself to a bet on an underdog. If it hits, you’ll collect a serious profit and if it loses, you’ll recoup your cash as bonus bets.
Say you put down $550 in cash on a Knicks moneyline at +160. A win would earn you $880 in profit and while you’d forfeit the cash in a loss, you’d get $550 in bonus bets within an hour or two of bet settlement.
While moneylines are a good option for this one, you can also try your hand on a futures bet as those often have positive odds as well. There’s no specific odds requirement here as there is with the bet and get but given that you’ll only earn bonus bets if you lose, it makes the most sense to try your luck on an underdog.
Bet $5 Get $150 in Bonus Bets
This offer is a bit more direct. There’s no need to bet on an underdog or put up hundreds as a cash stake because you’ll earn bonus bets with a $5 cash wager, regardless of how it pans out.
Put down $5 in cash on an NBA spread, an NHL moneyline or a specific MLB player prop and collect. Whatever’s clever works here.
How to sign up with bet365
Access bet365 using one of the links above
Use required personal details to establish your account (home address, birthdate etc.)
Review and approve the T&Cs
Make a cash deposit of at least $10 to register your account
Put down an initial cash wager to trigger one of these offers ($5 for the bet/get; at least $10 for the bet insurance)
Any bonus bets earned will be available in your account within an hour of bet settlement and will remain valid for seven days from the point of distribution.
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.
New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, KY, IN, LA, CO, NC, VA, OH only. Bet $5 and Get $150 in Bonus Bets at bet365. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply.
