bet365 bonus code CTNEWS: $1K bet insurance or bet $5, get $150 promo for NBA Tuesday, any games

The bet365 bonus code CTNEWS gives you the opportunity to pick your preferred offer from one landing page: either a first bet insurance promotion (called the First Bet Safety Net offer) with a $1,000 cap or a $150 bet and get that requires you to bet at least $5 in cash to earn the bonus bets.

First Bet Safety Net: If your first bet loses, you’ll get whatever you wagered refunded in bonus bets, up to $1,000. Since this is an insurance promotion, you’ll ONLY earn bonus bets if your first wager settles as a loss.
$150 bet and get: You’ll get $150 in bonus bets if you PLACE any cash wager of at least $5. Notably, you can earn bonus bets from this offer whether your initial wager wins or loses.

As mentioned above, you can access both offers through the same landing page and using the same bonus code.

bet365 Offer Details

While this offer differ in structure and value, there are some key similarities. First and foremost, both offers are only available for new customers in Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio and Virginia.

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.

Additionally, both these offers require you to place your FIRST wager to be eligible, so if you’ve already signed up and bet at bet365, you’re out of luck.

First Bet Safety Net

As mentioned, this is a bet insurance offer so you’ll ONLY earn bonus bets if your first bet loses. We’ll use an example from the NBA Tuesday slate to demonstrate.

If you put $1,000 in cash on the Spurs to win against the Grizzlies at +440.

Spurs win: If San Antonio wins, you’d earn $4,400 in profit and keep your initial $1,000 stake but would not earn any bonus bets. You can obviously still wager as you please with any of your profit.
Spurs lose: If San Antonio loses, you’d get $1,000 in bonus bets refunded to your account.

Critically, bonus bets from this offer cannot be cashed out immediately as you have to actually wager the bonus bets to withdraw them. Unlike some other sportsbooks, these bonus bets don’t expire and can be broken down into smaller amounts for different wagers.

Bet $5 Get $150

This offer is more straightforward. Deposit $10 in cash and. place a cash wager of at least $5. Regardless of how that settles, win or lose, you’ll get $150 in bonus bets.

Critically, only wagers with -500 odds or longer are applicable so -400 works but -600 doesn’t. The aforementioned Spurs moenyline would apply, as would the Nets moneyline at +190 and the Bulls moneyline at +390.

Be sure to double check your odds before placing your first bet.

How to Sign Up with bet365

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.
Enter your relevant personal details including email address, birth date and address. 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.
Use the bet365 bonus code CTNEWS while checking out. You’ll be able to select your preferred offer from the bet365 landing page.
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)
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.