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bet365 bonus code CTNEWS generates $200 in CO, OH, NJ, IA and VA for MLB, all wagers

Chicago Cubs' Jeimer Candelario celebrates in the dugout after his home run in a baseball game against the Atlanta Braves Saturday, Aug. 5, 2023, in Chicago.

The current bet365 bonus code CTNEWS will unlock a generous Bet and Get promotion for qualified players. New users can get $200 in bonus bets with a $1 qualifying wager when they use that bonus code to sign up for an account with the international betting giant.

While it is currently the home stretch of the MLB regular season, bet365 has a wide array of different sports betting markets available on its platform. New customer offers are common with sportsbooks, as virtually every operator has some kind of welcome promotion for new users.

Typically, they are structured as either a First Bet Insurance promotion or a Bet and Get offer, with the former doling out bonus bets if a user’s initial wager goes south and the latter giving new users bonus bets as soon as their initial wager settles — regardless of how it settles.

Thus, a new user could potentially win their first wager and collect $200 in bonus bets with this bet365 promotion.

Notably though, only cash wagers with odds of -500 or longer will qualify for this promotion. So a futures wager at -720 will not trigger this promotion but a moneyline bet at -180 would work.

We’ll elaborate on the nature of this promotion and highlight the critical sign-up conditions in the ensuing paragraphs.

bet365 Bet and Get promotion, explained

As noted above, this Bet and Get promotion will give new users $200 in bonus bets regardless of how their first wager settles.

So, unlike the First Bet Insurance offers at other books, users could potentially win their first wager and collect some bonus bets that they could use for any additional wager on the platform.

New players can easily claim this Bet and Get offer by clicking one of the modules displayed throughout this article and signing up for a bet365 account using the bonus code CTNEWS.

From there, players will need to make a cash deposit of $10 to register their account and place a wager of at least $1 to trigger this promotion. Critically, only cash wagers or deposits will qualify so any deposits or wagers placed with existing credits will neither register the new user’s account nor initiate the Bet and Get promotion.

Once that first wager settles, as a loss or a win, the new user will get $200 in bonus bets that will typically be distributed to a new user’s account within an hour of bet settlement.

Those bonus bets can be used to wager on any market on the bet365 platform and will be valid for 90 days after distribution.

So, if a bettor in Virginia placed a $100 cash wager on the Cubs at +140 against the Mets and the Cubs won, that bettor would collect $140 in profit, keep their $100 stake and get $200 in bonus bets. Similarly, if the Mets won, that user would still get $200 in bonus bets but would not keep their stake nor would they collect any profit.

bet365 sign-up information

Before claiming any promotion from bet365, new users should understand the critical sign-up conditions we’ve outlined below.

This promotion is restricted to new customers who are at least 21 years old and present in a legal bet365 state. While bettors do not need to be a resident of that state to claim this promotion, they must be present within state limits which the book will verify using geo location data.

If the new user meets all of those requirements, they can click on any module in this article and use the bet365 bonus code CTNEWS to sign up for an account.

As noted, they’ll need to make a cash deposit of $10 to register their account and a cash wager of at least $1 to trigger this promotion. Only cash wagers and deposits will work in either case.

Once that first wager settles, new users will get $200 in bonus bets credited to their account, regardless of bet outcome.

Bonus bets cannot be cashed out or withdrawn without being wagered first and are only valid for one wager a piece. Thus, any bonus bets earned from this offer will not be returned to users in the event of a successful wager.