Which Offer Should I Choose After Signing up with the Bet365 Bonus Code?
Few sportsbooks present you with two sign-up offers to choose from after signing up for your account. One of the sportsbooks that do is bet365. The two choices up for grabs you get to decide between are:
Updated on 3/16/25
Updated on 3/16/25
The bet365 bonus code to use when signing up for your account is
That’s how it works in a majority of bet365 states, which are AZ, CO, IA, IN, KY, LA, NC, NJ, OH, and VA. In PA, you’re only eligible for a sign-up promo of:
With that all said, here’s some information about each offer and which might be best for you if you’re located in a state where you get to choose.
What are the bet365 offers to choose from?
The easiest way to think of this promo is as first bet insurance. Think of insurance you have in real life and how it works. You never want to have to use insurance, but it’s handy when it kicks in if something bad happens. In the case of sports betting on bet365, this would be your first bet losing.
If your first bet loses, the amount of money you lost will be what bet365 credits your account within bonus bets. For example, if you bet $200 on the Celtics to beat the Mavericks in Game 1 of the 2024 NBA Finals and lose, you’ll get $200 back in bonus bets. If the Celtics win in that example, you don’t receive any bonus bets as a result.
This promo is as self-explanatory as it gets just by looking at the title of it. Although you must wait for your bet to either win, lose, or push, the result of your bet has no role in whether or not you get your bonus bets.
Your bonus bets will be awarded after your first bet settles so long as the odds of your first bet are -500 or longer. More information about that requirement is explained directly below.
Commonalities amongst the two bet365 offers
Minimum odds requirement of -500 or longer on your first bet
The first commonality shared across both offers is bet365 requires your first bet have odds of -500 or longer. This requirement doesn’t limit you much in your choices for your first bet however. That’s because a bet on a market that isn’t -500 or longer doesn’t win you much money.
Some examples of odds that are eligible are -300 or -100. Any underdog market with + odds also qualifies, and those are the odds that win you the most money if you win. You’ll want to double check your betslip before submitting it because your offer is nullified if these odds aren’t met.
Bonus bets are able to be spent however you choose
The second commonality you’ll find is that bonus bets work the same across both offers. Each dollar in bonus bets you get is free to be spent however you want. This means if you have $100 in bonus bets, you can wager as liberally as you want. You can wager $1 100 times, $10 10 times, or anything else you can come up with.
Additionally, your bonus bets expire seven days after being issued to your account and cannot be withdrawn as cash.
Which bet365 offer should I choose?
My suggestion for deciding between bet365’s offers is to weigh short term financial commitment and long term value over receiving bonus bets. Since you can get bonus bets following your first bet settling, I only recommend bet365’s first bet safety net if you want to wager more than $100.
If you want to bet a larger sum on your first bet, it makes more sense to have it insured so you get bonus bets if you lose. But if you want your first bet to only be $20 or so, it doesn’t make sense to not take the guaranteed bonus bets and choose bet365’s insurance.
As for your long term view of bonus bets, that can simply be viewed as how much do guaranteed bonus bets mean to you or not? If you’re wanting guaranteed bonus bets, the only way to get them is with bet365’s bet $5, get $100 promo. If you aren’t worried about them, you can assess your short term financial situation to aid you in deciding.
To throw a third option in the states of Pennsylvania and New Jersey, you do have the option to take advantage of the bet365 casino bonus code to get a deposit match and free spins instead of the sportsbook promo code.
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 $100 in Bonus Bets at bet365. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply.
Check out the bet365 bonus code review for more info.
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