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bet365 bonus code CTNEWS: $1K bet insurance or $150 for NFL, NBA, any game this weekend

Indianapolis Colts tight end Kylen Granson (83) celebrates on the field during an NFL football game against the Las Vegas Raiders, Sunday, Dec. 31, 2023, in Indianapolis.

The bet365 bonus code CTNEWS unlocks two unique promotions for new customers in Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio or Virginia.

If you use that bonus code and the module below to sign up for an account, you’ll be able to select one of the two offers from the bet365 landing page: either a $1,000 bet insurance offer (commonly referred to as the First Bet Safety Net offer) or a $150 bet and get.

  • First Bet Safety Net: You’ll get your stake refunded in bonus bets — up to $1,000 — only if your first wager loses.
  • $150 bet and get: Get $150 in bonus bets with a $10 deposit and any cash wager of at least $5, regardless of whether it wins or loses.

While the legal betting age in six of the seven states listed above is 21 or older, in Kentucky the legal betting age is 18 or older so anyone who is 18 can sign up for an account using the bet365 bonus code CTNEWS.

What are the bet365 promotions?

Despite the differences between these two promotions, there are some key similarities to keep in mind when signing up. Both offers are only available for new customers in Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio and Virginia.

Additionally, you can only unlock either offer with your first bet, so if you’ve already wagered with bet365, you’re out of luck.

As mentioned above, there is a key discrepancy with the age restriction. In Kentucky, the age restriction is 18 or older so you can claim either promotion if you are over 18. However, the legal betting age in every other state is 21 or older, so the Bluegrass State is the only place where you can sign up with bet365 if you are under 21 but over 18 years old.

First Bet Safety Net

Since this is a bet insurance offer, you’ll only earn bonus bets if your first bet losses. The NFL Saturday example below will help demonstrate how this offer works.

If you put down $800 on the Colts at +100 against the Texans at -120...

  • Colts win: you’ll collect $800 in profit, keep your initial $800 stake but will NOT earn any bonus bets
  • Colts lose: you’ll get $800 in bonus bets refunded to your account

Any bonus bets earned from this offer cannot be cashed out or withdrawn without being wagered first. However, these bonus bets do not expire and can be broken down into smaller portions for easier wagering, which is unique to bet365.

Bet $5 Get $150

Many users will be familliar with this offer structure as you’ll get $150 in bonus bets as soon as your wager settles. To trigger this offer you’ll need to place a cash wager of at least $5 on any market.

Notably, there is a -500 odds requirement for this promotion, so only bets with -500 odds or longer will apply. Thus, -400 would work but -650 would not. Either the Texans or Colts moneyline from the example above will apply.

To get the most value out of this promotion, be sure to double check the odds on any market you wager before moving forward.

What is the sign-up process with bet365?

It’s critical to note that you can claim either of these promotions even if you don’t live in a legal sports betting state. It is entirely legal to sign up in a state even if you’re just traveling there so enter your real address if you’re out of state.

You’ll still be able to withdraw any earnings when you get back to your home state. As long as you’re physically located in a legal sports betting state and have your geolocation services on, you’ll be allowed to wager.

  1. Download the bet365 app or go to bet365.com if you’re wagering from a desktop. You will not be able to access the website or app if your geolocation services are not active or if you’re using a VPN.
  2. Enter the relevant personal details including email address, birth date and address.
  3. Use the bet365 bonus code CTNEWS while checking out. You’ll be able to select your preferred offer from the bet365 landing page.
  4. Deposit at least $10 in cash using a debit card, bank card or electronic transfer (review this page for more details about acceptable payment methods)
  5. Place a cash wager of at least $5 to trigger the bet and get, or go big and place a $1K bet to claim the First Bet Safety Net offer.