How to use the bet365 bonus bets in Illinois, Tennessee with recent sportsbook launch for March Madness

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The bet365 Tennessee and bet365 Illinois launches are here, and both states can sign up with the bet365 bonus code RGNEWS in Illinois and Tennessee today. In both states, your bet365 promo is $150 in bonus bets that unlock when your $5+ first bet settles, win or lose.

Before you learn how to use the bet365 bonus bets you acquire when you sign up with the bet365 bonus code RGNEWS, make sure your first bet has -500 or longer odds before you submit it to qualify. Use the bet365 bonus bets you get on March Madness when your $5+ first bet settles, win or lose.

When you register with the bet365 Illinois bonus code RGNEWS, net naohter $50 when 1+ point is scored in the Creighton Bluejays vs. Louisville Cardinals game Thursday at 12:15 p.m. ET on CBS. When you sign up with the bet365 Tennessee bonus code RGNEWS net another $50 when you wager on the Tennessee Volunteers to win their first March Madness game against the Wofford Terriers Thursday at 6:50 p.m. ET on TNT.

With that said, the ways how to use the bet365 bonus bets in Illinois and Tennessee are extensive. There are multiple March Madness betting strategies to employ if you want to bet on the climax of the college basketball season.

See what they are below and usher in the bet365 launch in Illinois and Tennessee.

How to get bet365 bonus bets in Illinois and Tennessee

To use the bet365 bonus bets in Illinois and Tennessee, you must first sign up with the bet365 bonus code RGNEWS in your state. Place a $5+ first bet on March Madness and net $150 in bonus bets when your bet settles, win or lose. Follow the bet365 bonus code RGNEWS sign-up steps below to get the bet365 bonus bets in Illinois and Tennessee.

1. Click the sign-up module above to sign up with the bet365 IL promo or bet365 TN promo.

2. Enter the personal identifying information prompted to create your new bet365 Sportsbook account.

3. Agree to the terms and conditions and make sure the bet365 bonus code RGNEWS is entered in the appropriate field before you advance.

4. Make your $10+ minimum first deposit.

5. Place your first bet with -500 or longer odds on March Madness.

6. Once your $5+ first bet settles, you receive $150 in bet365 bonus bets, win or lose.

What to know about your bet365 bonus bets in Illinois and Tennessee

The most important thing to know about your bet365 bonus bets in Illinois and Tennessee is that they expire in seven days after being issued. Make sure you use them in this time span before you lose them.

When you use bonus bets to pay for a bet, you don’t get them back if you win your bet. For example, let’s say you bet $20 in bonus bets on the Tennessee Volunteers to cover -19.0 (-110) against the Wofford Terriers in March Madness Thursday. If you win, you profit $18.18. But your $20 stake is gone since it was in bet365 bonus bets, not cash.

Finally, know that your bet365 bonus bets are able to be split up and wagered however you wish. For example, your $150 in bonus bets are able to be split up as three $50 bets, five $30 bets, 15 $10 bets, or whatever you want.

March Madness betting strategies for how to use the bet365 bonus bets in Illinois and Tennessee

My first piece of March Madness betting advice is don’t be afraid to use bet365 bonus bets on underdogs. Every year in the first round, we see top teams fall unexpectedly to teams that were big underdogs. Nobody is safe in the first round, not even No. 1 seeds (as we’ve seen on two occasions in history).

Some of the underdogs this year I like to have a chance at an upset include the Utah State Aggies (+200), Drake Bulldogs (+270), and Grand Canyon University (+425). Even if you just throw $1 in bet365 bonus bets at each of these underdogs, you could profit a few bucks in cash.

Another strategy I like to employ with bet365 bonus bets is to make parlays. Parlays increase your potential winnings with the more picks you add. Personally, three picks is a sweet spot for me in parlays. You don’t need to throw a large amount of bonus bets at a parlay to get a good payout since a parlay gives you good odds.

For example, let’s say I make a 3-leg parlay on three spreads from Tuesday and Wednesday’s First Four games of San Diego State Aztecs +4.0 (-110), Mount St. Mary’s +2.5 (-110), and Xavier -2.5 (-110). This parlay has +596 odds, which profits $59.57 when I wager $10 in bet365 bonus bets if it hits.

March Madness schedule to use bet365 bonus bets on this week

Sign up for your bet365 Sportsbook account today and make a $5+ first bet on March Madness once the NCAA Tournament tips off Tuesday with First Four games.

Must be 21+ and Present in IL. Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply. Super Boost only available to new customers, max wager $50, bet restrictions, time limits and T&Cs apply.

Must be 21+ and Present in TN. Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply. Super Boost only available to new customers, max wager $50, bet restrictions, time limits and T&Cs apply.

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About the Author

NickGoodling
Nick Goodling (NickGoodling)

Nick Goodling is a Content Writer for Better Collective U.S. He previously wrote about the NFL and crafted article ideas for fellow writers for Sportskeeda.com during the 2021 season through the 2022 draft. He provides betting advice on the NFL, NBA and NASCAR, while also writing about a wide array of sportsbooks.