bet365, one of the largest sports betting companies in the world, now offers a unique dual promotional structure in the 10 states (AZ, CO, IA, IN, KY, LA, NC, NJ, OH, VA) where it’s operational. This now includes North Carolina as well where bet365 previously offered a slightly different bet and get.
You can use the bet365 bonus code CTNEWS and this link to sign up for an account. From there, you’ll have 30 days to select one of the two available offers: either a bet insurance offer with a $1K cap or a $150 bet and get.
About the bet365 offers
The list below outlines some of the key components to keep in mind when signing up with bet365.
- Both offers are only for new customers, if you’ve signed up with bet365 before in any other jurisdiction you’re ineligible for either offer
- Only players who are 21 or older (18+ in KY) are eligible
- You cannot claim both offers
- You’ll need to make a cash deposit of at least $10 to register your account
- Bonus bets from either offer will be distributed within an hour of bet settlement and remain valid for seven days from the point of distribution
- Any bonus bets you earn are only valid for one wager a piece and thus will not be returned with any potential winnings
$150 Bet and Get
This is a common promotional structure and a solid entry point into sports betting for the uninitiated. You’ll place a small cash wager and earn some bonus bets, regardless of how it settles.
In this instance, you’ll place a cash bet of at least $5 and get $150 in bonus bets when it settles. Since you’ll earn the bonus bets whether the qualifying wager wins or loses, you can play it safe and wager the minimum cash requirement.
For example, if you place a $5 cash bet on the San Jose Sharks moneyline at +205, a win would garner $10.25 in profit. Additionally, if the bet won you’d keep your $5 cash stake AND earn the $150 in bonus bets.
You’d forfeit the cash if you lost, but would shortly collect 30 times that cash stake as bonus bets.
Typically, bonus bets are distributed within an hour of bet settlement.
$1K Bet Insurance
Bet insurance is another commonly used promotional structure. In practice, you’ll get your whatever cash you put up credited back to your account if you lose. In this instance, you’re covered up to $1,000.
Thus, it makes the most sense to place a significant cash stake on an underdog. If you win, your profit will be substantial and even if you lose, you’ll recoup the value of your stake as bonus bets.
Say, for example that you place a $550 cash wager on the St. Louis Blues moneyline at +154. A win would earn you $847 in profit, plus you’d keep your cash stake. Notably, you would not earn any bonus bets in that instance.
However, if the Blues lost you’d forfeit the actual cash but would get the $550 as bonus bets credited to your account shortly after bet settlement.
Signing up with bet365
In nine of the 10 states where bet365 operates, the legal betting age is 21 or older. However, in Kentucky the legal betting age is 18 or older.
You’ll need to place a cash deposit of at least $10 to register your account regardless of what offer you claim.
- Use the bonus code above, in conjunction with this link to access the bet365 landing page
- You’ll have 30 days from activation to select your preferred promotion
- Review and approve the T&Cs
- Make a cash deposit of at least $10 to register your account
- Place your initial cash bet to get started
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.
