bet365 Promo Code: Bet $5 & Get $150 In Bonus Bets

The bet365 promo code ‘CBSBET365’ gives new users the choice to pick between two lucrative sign-up offers to kickstart your sports betting journey. Bet on Week 17 of the NFL slate, or any of the College Football Playoff or bowl games with the bet365 promo code.

If you’re in Pennsylvania, there is additional information below regarding the available bet365 welcome bonus in your state.

New users at bet365 Sportsbook currently have the opportunity to choose between two valuable sign-up offers. You can opt for the bet $5, get $150 in bonus bets deal, or, you can go for the first bet safety net of up to $1,000. No matter which one you choose, make sure to use the promo code ‘CBSBET365’.

When signing up with a sportsbook, you are generally presented with one of two types of welcome bonuses. They will either offer you a “bet and get” promotion or they will offer you a “first bet insurance” promo. Both have their pros and cons depending on what style of bettor you are and how aggressive you want to be at the start. 

With bet365, they are not looping you into one of those promotions. Instead, they are giving you the power of choice. Upon registering for a bet365 account you get to choose between two distinct promotions: A first bet safety net of up to $1,000 in bonus bets, or you can bet $5 on your first wager and receive $150 in bonus bets.

To claim the first bet safety net promotion, you must sign up for an account and then select the promotion. Once you do that, bet365 will refund you in the form of bonus bets for any losses from your first bet with them, up to $1,000. This allows you to take a chance to take a massive swing and win a big amount right up front.

To claim the bet and get promotion, select that option during registration. Deposit $10 and then wager $5 of your own money. Once your first bet is graded, bet365 will top off your account with $150 in bonus bets. The advantage of this welcome offer is obvious. It’s a minimal initial investment and you get your bonus bets credited no matter how your first bet does. 

If you’re located in Colorado, the welcome bonus from bet365 is unique from all other states. bet365’s offer is “Bet $5 and Get $150 in Bonus Bets AND two months of Altitude+ on us”, offering Colorado residents access to the streaming service which is the home of the Nuggets and Avalanche.

If you’re in Pennsylvania, the welcome bonus from bet365 is slightly different. Unfortunately, you are not given the choice of two bonuses. PA bettors can only access the bet $5, get $150 in bonus bets offer.

When claiming any bonus or promotional offering, it’s important to note the terms and conditions. Make sure you’re aware of these rules about the bet365 signup bonuses.

bet365 gives new customers the choice between two great welcome offers, and it’s entirely up to you to select which promo you prefer. Just be sure to claim one of the offers within 30 days of creating your new account.

Beginning with the first bet safety net up to $1,000 in bonus bets offer. Your first real-money straight bet, parlay, or same game parlay will qualify for this offer. If this wager settles as a loss, bet365 will refund you up to $1,000 in the form of bonus bets.

Know that your bonus bets will normally enter your account within one hour of your losing bet’s settlement. 

Moving along to the second welcome offer option, which is a bet $5 and get $150 in bonus bets promo.

To activate this offer, all you need to do is deposit $10 or more, and place a first-time wager of $5 from those funds. This action will yield you $150 in bonus bets, regardless of your qualifying wager’s outcome. 

All bonus bets received from bet365 Sportsbook expire seven days after issuance. Moreover, all bonus bets are non-withdrawable. If you win a wager using your bonus bets, the bonus bet amount will not be included in your returns.

The following bet365 promos are available to all users. Below, you will find the promos that can be claimed at bet365 today:

Get up to 100% more in your payout on successful parlays. Availability varies between sports, pregame, and live betting.

Get your wager paid out early if the team you back go up a specified amount of points. For example, get your NBA straight bet paid out instantly if the team you back go up 20 points or more. 

If you’re already a member of bet365 Sportsbook, they haven’t forgotten about you. bet365 offers a wide variety of promotions for existing users that they can take advantage of daily. Here is a sample of some of the promotions bet365 often offers existing users.

Bet the MLB, KBO and NPB in confidence. If your team goes up 5+ runs in any game, bet365 will grade your straight bet as a winner even if they end up blowing the lead and losing the game. The bet in question must be a pregame moneyline bet. The same applies if they are a leg of one of your parlays.

Place a pre-game moneyline bet on any NBA team, and if they go up by at least 20 points at any point in the game, bet365 will pay you out as a winner even if they go on to eventually lose the game.

Similar to the above promotions, if you bet a pregame moneyline in the NHL and your team starts hot and opens up a lead of at least three goals, you don’t need to sweat the rest of the game. Your bet will be paid in full by bet365.

If you haven’t noticed a trend by now, bet365 doesn’t want you suffering heartbreaking bad beats. Bet a full-time winner in soccer on the moneyline, and if they go up by at least two goals, you win your bet.

Bet soccer props with confidence. If your player gets subbed out of the game before halftime, bet365 will return your wager in the form of bonus bets.

There’s nothing worse than when you’re betting tennis and a retirement nullifies a bet you were about to win. With bet365’s retirement guarantee, if your player’s opponent retires, you will have your wager returned as cash and winnings paid out in bonus bets.

Parlays can be boosted between 5% and 70% depending on the number of legs in your parlay.

The bet365 welcome bonus is certainly one worth taking advantage of. Thankfully, accessing the promo is a simple process. Just follow these steps:

The welcome bonus at bet365 Sportsbook for new customers is comparable to what you’ll find at some other leading sportsbooks, with additional flexibility. Check out the comparison below:

Bet365 gained a strong reputation internationally for many years before debuting in the United States back in 2019. Since its U.S. launch, bet365 has evolved into one of the market’s most underrated online sportsbooks.

As a user of bet365 Sportsbook, you will be able to take advantage of an incredible list of promotions each and every day. Some sportsbooks might offer roughly the same amount of ongoing promos, but you’ll be hard-pressed to find a sportsbook offering more than bet365.

In addition to that, bet365 delivers all of the key features that are standard in this day and age. The features include live streaming, in-game betting, early cash out potential, pre-built parlays, and secure banking options.

bet365 supplies an impressive lineup of payment methods to handle all of your deposits and withdrawals. All of the options are secure, there are never additional fees, and the processing speeds are quick.

Bet365 provides one of the most helpful responsible gambling sections in the industry. Simply select the ‘Responsible Gambling’ icon, which will take you to a new window containing these resources:

Each one of these tools can be very helpful in executing responsible gambling practices, but that’s not all; bet365 posts links to some highly-reputable resources, including:

Right off the bat, bet365 deserves credit for its unique tactic of offering new users the choice between two entirely different sign-up offers. Each bettor is different and each bettor has different goals when it comes to sports betting. 

The reward for taking the first bet insurance promo is higher. It allows you to potentially win a big bet right from the start. If you fail, it gives you a second chance at a monster win. However, to take full advantage of the promo, you need to make a significant investment upfront. In addition, the likelihood of winning is lower. Every bettor has lost two wagers in a row. 

With the bet and get bonus bet promotion, the initial investment is significantly smaller, decreasing the potential loss the bettor is taking. A lot of bettors would be happy with $150 in bonus bets and place a series of small wagers over the course of a week to get something out of it. There’s no sweat involved for them and it makes the experience last longer.

Both of these promotions are great offerings. Most sportsbooks across the country offer one of these two promotion types as their sign-up bonus. bet365 allows bettors to choose between the two, giving them the best of both worlds while empowering the consumer to feel like their needs are being met.

As a whole, bonus bets get users accustomed to a new sportsbook without threatening their whole cash balance. They can explore different sports and markets briefly, before betting their actual money. This also allows some bettors to be more aggressive in hopes of hitting a longshot bet.

Sign-up bonuses are key to attracting new users, and bet365 is unique in its style of offer. While one bettor might prefer the insurance, the next bettor might prefer the bonus bets. Both can be satisfied if they register with bet365.