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bet365 bonus code CTNEWS earns $365 in Iowa, $200 elsewhere for any game all month

Chicago Cubs players start their warm up during a workout day ahead of the MLB London Series Match at the London Stadium in London, Friday June 23, 2023.

The bet365 bonus code CTNEWS generates a brilliant new customer offer for users over the weekend.

New bettors in four select states — Colorado, Ohio, New Jersey and Virginia — can get $200 in bonus bets with a $10 deposit and $1 bet on any market.

In the fifth and final bet365 state, Iowa, users can get $365 in bonus bets as part of an exclusive launch in the Hawkeye State. Both promotions are structured the same and use the same bonus code so the bonus bet value is entirely dependent on where users are wagering from.

As noted, the bet365 bonus code for all five states is the same -- CTNEWS.

We’ll explain the intricacies of this promotion and outline the critical sign-up conditions in the ensuing paragraphs.

bet365 welcome offer, explained

The biggest difference between this promotion and new customer offers from other sportsbooks is that other books require a user’s first bet to settle as a loss for them to get the bonus bets.

With bet365, users will get their bonus bets as soon as their qualifying wager settles, regardless of how the bet turns out.

User can easily initiate this offer by clicking the module above and using the bonus code CTNEWS at sign up.

From there, players need to make a small deposit of at least $10 and place a real-money wager of at least $1 to trigger this offer.

Critically, only real-money wagers will qualify for this offer as any wager placed with bet credits of any kind are not eligible.

Once that real-money wager has settled, users will get their bonus bets. As mentioned above, players in Colorado, Ohio, New Jersey and Virginia will get $200 in bonus bets while bettors in Iowa will get $365.

These bonus bets can be used for any additional wager on the bet365 platform but cannot be withdrawn or cashed out.

Similarly, any bonus bets earned from this promotion are only valid for one wager a piece and thus will not be returned in the event of a successful wager.

For example, if a player placed a real-money wager of $100 on the Cardinals at +110 against the Cubs and St. Louis wins. That user would collect $110 in profit, keep their $100 stake and get $200 in bonus bets.

If that player placed the same value wager in credits on the Cardinals and St. Louis won, they would get $110 in profit but would not get the bonus bets nor would they get their stake back.

One final note, only wagers with -500 odds or longer are eligible for this wager. So a moneyline wager -150 would be permissible while a future wager at -550 would not.

bet365 sign-up details

Before signing up with bet365 users should review the critical conditions outlined below to guarantee that they get the most out of the promotion.

As expected, this offer is limited to new customers who are at least 21 years old and present in a legal bet365 state. Users do not need to be a resident of the state but must be within state limits, which the sportsbook will verify using geolocation data.

If players meet all the criteria above, they can sign up with the bet365 bonus code CTNEWS.

After that, bettors need to make a $10 deposit and place a real-money wager of at least $1 to trigger this welcome offer.

Regardless of the final status of that wager, users in the four states listed above will get $200 in bonus bets while players in Iowa will get $365 in bonus bets.