bet365 Sportsbook is rolling out the red carpet for newcomers with bet365 bonus code CTNEWS:
- In North Carolina, you’ll pick between a bet $5, get $200 bonus bets offer or a $1,000 first bet safety net.
- In nine other states, you’ll pick between bet $5, get $150 or the $1,000 first bet safety net.
bet365 bonus code CTNEWS is the code for all states and either offer. You’ll pick your preferred bonus from a landing page after completing the registration.
bet365 Sportsbook is operational across 10 states after opening its business in North Carolina on March 11. It also operates in Arizona, Colorado, Kentucky, Indiana, Louisiana, New Jersey, Ohio, Virginia and Iowa.
Which bet365 bonus should you pick?
bet365 is presenting a choice between a secure $150 or $200 in bet credits or an opportunity to place a first bet wager up to $1,000.
To qualify for the bet credits, place a modest $5 bet on any eligible betting line with odds of -500 or greater. Regardless of the outcome of your bet, you’ll be credited with $150 in bet credits. In this case, -500 or longer means -400, +110 or -150 are OK, but -550 is not. The up-to-$ 1,000 bet offer functions as a safety net, granting bonus bets if your initial wager is unsuccessful. This deal also carries the identical odds criterion as the first, with the freedom to pick any sport to stake your claim, up to $1,000. If the bet does not go in your favor, you’ll receive an equivalent amount in bet credits, and you’ll have seven days to use them and turn them into cash to recoup some, all of, or more than your deposit.
So which one should you pick?
We estimate the cash value of the $1,000 first bet safety net as $450, if you maximize it. Of course, that’s over a large sample — it could be much more if you make a $1,000 bet and it hits, or it could be much less — even $0 if your first bet loses and all your ensuing bonus bet wagers lose.
So if you’re willing to put in at least $700 and place it all on your first bet, the safety net is higher value. If you don’t want to do that and just want some bonus bets to mess around with, take the $200 in bonus bets in North Carolina or $150 in all other states.
Currently, bet365 Sportsbook is operational across nine states, with plans for expansion as online sports betting went live in North Carolina on March 11. Be sure to review the bet365 North Carolina bonus code CTNEWS for an enticing signup offer tailored to residents of the Tar Heel State.
How bet365 bonus bets work
bet365’s bonus bets work like they do at any other sportsbook. You keep the profit, but not the stake of the wager itself.
So if I place a $20 bonus bet wager on Team A that’s +300:
- If they win, I profit $60, but I don’t keep the $20
- If they lose, the bonus bet just goes away, but I don’t lose any actual cash from my account
bet365’s bonus bets expire in seven days and can be split up into any increment you’d like.
bet365 sign-up process & other things to know
Highlighted below are key terms of the offer that you should be aware of.
- States available: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, Virginia.
- Expect bonus bets to land in your account approximately 60 minutes after settling your initial wager.
- Ensure to place your debut bet within the initial month of opening your account.
- Heads up: Accounts dormant for a trio of months face closure.
- Avoid wagering on opposite outcomes of the same event, as it’s prohibited.