bet365 bonus code CTNEWS generates up to $200 in CO, OH, NJ, VA and IA for any sport

The bet365 bonus code unlocks a best-in-class offer for new customers in five select states. Currently, players in Colorado, Ohio, New Jersey, Virginia and Iowa can get $200 in bonus bets as soon as their first $1 wager settles.

This promotion, unlike some other offers that are structured as first bet insurance, functions as what we call a “bet and get” offer. With a first bet insurance offer, a user’s initial wager must settle as a loss before they can get any bonus bets. However, with a bet and get promotion, users can collect bonus bets in addition to the profit from a successful wager.

Your first bet must have odds of -500 or longer. So a wager of -400 works but one with -650 does not, and will not unlock the $200 in bonus bets.

We’ll explain the nuances of this promotion and highlight some of the relevant conditions in the paragraphs below.

bet365 bonus code, explained

bet365′s current new customer promotion — that’s available in all five states where the international betting giant is operational — is a bet and get offer.

As noted, many sportsbook use first bet insurance offers for new customer promotions. Under that structure, players need their first bet to settle as a loss before they can get any bonus bets. However, with a bet and get offer users can get bonus bets in addition to the profit from a successful wager.

To claim this offer, new customers can click the module displayed below and use the bonus code CTNEWS to sign up for an account.

From there, new users will need to make a small deposit of at least $10 and place a cash wager of at least $1. Critically, only real money wagers will trigger this offer.

Regardless of how that first bet settles, the user will get $200 in bonus bets that can be spent on any additional wager on the bet365 platform.

So, if a new users places a $100 real-money wager on the White Sox at +100 against the Mets and Chicago wins, the user will collect $100 in profit, keep their $100 stake and collect $200 in bonus bets. Thus, a new user could rake in an additional $300 with just one successful wager.

Again, only real-money wagers will qualify for this offer so if that same user placed the same value wager using bonus bets and the White Sox won, they’d only collect $100 in profit and would not get their stake returned.

This is one of the few new customer offers in the country in which players can win their first wager and still collect some bonus bets.

bet365 sign-up information

Prior to signing up with bet365, new bettors should review the sign-up information below to get the most out of this offer.

First and foremost, this promotion is limited to new customers who are at least 21 years old and present in a legal bet365 state. While users do not need to be a resident of one of the five legal states, they must be within state limits which the international betting giant will verify using geolocation data.

If users meet all these requirements, they can click the module displayed above and use the bonus code CTNEWS to sign up for an account with the international betting giant.

From there, bettors will need to make a deposit of at least $10 to register their account. After that, they’ll need to place a real-money wager of $1 or more to trigger this offer. As noted above, only real-money wagers will trigger this offer so any bets placed using any kind of credits will not qualify.

Once that first wager settles, regardless of the status, users will get $200 in bonus bets.

Said bonus bets can be spent on any additional wager on the bet365 platform but critically cannot be withdrawn or cashed out. Additionally, any bonus bets earned from this promotion will only be valid for one wager each and thus, will not be returned in the event of a successful wager.