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

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Bet $5 & Get $150
In Bonus Bets

Validated on: December 13, 2024

Claim bonus

21+ only (18+ in KY).  Offer available in AZ/IA/IN/KY/LA (select parishes)/NC/NJ/OH/VA. Void where prohibited. Available to new customers only. Must claim offer within 30 days following registration. Deposit $10+ and place $5+ qualifying bet. Bonus bets are non-withdrawable and the Bonus Bets wager excluded from returns. Bonus Bets expire after 7 days. Add’l terms and restriction apply see at bet365.com. The above bonus code can be used during registration but does not change the offer amount in any way. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER (AZ, IN, KY, LA, NC, NJ, OH, VA) or 1-800-BETS OFF (IA).

Validated on: December 13, 2024

bet365 Sportsbook promos & bonuses

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 15 of the upcoming 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’.

Choose your bet365 welcome offer

  • bet365 welcome bonus
    Offer 1: Bet $5, Get $150 in bonus bets
    Offer 2: First bet safety net up to $1,000 in bonus bets
  • Promo code
    CBSBET365
  • Minimum deposit
    $10
  • Playthrough requirements
    1x
  • States where the deal is available
    AZ,, IN, IA, KY, LA, NJ, NC, OH, PA, VA
  • Deposit methods
    Debit card, credit card, online banking, PayPal, PayNearMe, Skrill, Paysafecard
Bet $5 & Get $150
In Bonus Bets
Promo Code
CBSBET365
Copied!
Claim bonus 21+ only (18+ in KY).  Offer available in AZ/IA/IN/KY/LA (select parishes)/NC/NJ/OH/VA. Void where prohibited. Available to new customers only. Must claim offer within 30 days following registration. Deposit $10+ and place $5+ qualifying bet. Bonus bets are non-withdrawable and the Bonus Bets wager excluded from returns. Bonus Bets expire after 7 days. Add’l terms and restriction apply see at bet365.com. The above bonus code can be used during registration but does not change the offer amount in any way. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER (AZ, IN, KY, LA, NC, NJ, OH, VA) or 1-800-BETS OFF (IA).
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bet365 welcome bonus explained

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.

First bet safety net promotion

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.

Up To $1,000 In Bonus Bets
If Your Bet Loses

Validated on: December 13, 2024

Claim bonus

21+ only (18+ in KY). Must be present in AZ/IA/IN/KY/LA (select parishes)/NC/NJ/OH/VA. Void where prohibited. New customers only. Must claim offer within 30 days following registration. Min. first deposit $10. Amount of bonus bets equals to first bet lost stake up to $1000. Bonus bets are non-withdrawable and the Bonus Bets wager excluded from returns. Bonus Bets expire after 7 days. Add’l terms and restriction apply see at bet365.com. The above bonus code can be used during registration but does not change the offer amount in any way. Data & text rates may apply. GAMBLING PROBLEM? CALL or TEXT 1-800-GAMBLER (AZ, CO, IN, KY, LA, NC, NJ, OH, VA) or 1-800-BETS OFF (IA).

Validated on: December 13, 2024

Bet and get promotion

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. 

bet365 welcome bonus in Colorado

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.

Bet $5 & Get $150 In Bonus Bets
And Two Months Of Altitude+ On Us

Validated on: December 13, 2024

Claim bonus

21+ only. New customers only. Must be present in CO. Void where prohibited. Must claim offer within 30 days following registration. Deposit $10+ and place $5+ qualifying bet. Bonus bets are non-withdrawable and the Bonus Bets wager excluded from returns. Bonus Bets expire after 7 days. Altitude+ offer available to new Altitude+ customer only. Your unique code to Altitude+ will be sent via email within 24 hours. After 2 months, Altitude+ subscription automatically renews and your payment will be automatically charged each month the applicable amount for your subscription (+tax), unless cancelled. Add’l terms and restriction apply see at bet365.com. Data & text rates may apply. Gambling problem? Call or Text 1-800-GAMBLER.

Validated on: December 13, 2024

bet365 welcome bonus in Pennsylvania

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.

bet365 promo terms & conditions

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.

Promos available at bet365 today

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

100% Parlay Boost

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

Early Payout Offer (NFL, NBA, NHL)

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. 

Other promos & rewards programs at bet365

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.

Baseball Up 5 promotion

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.

NBA Early Payout

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.

NHL Up 3 Payout

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.

Soccer Up 2 Payout

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.

Soccer Substitute Guarantee

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.

Tennis Retirement Guarantee

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.

Parlay Boosts

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

bet365 legal states

How to sign up and claim bet365 welcome bonus

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

  1. Follow any of the links or banners on this page to get taken to the bet365 sign-up page. Make sure to register with the correct state.
  2. Enter any necessary personal information to confirm your identity.
  3. Select which of the two sign-up offers you’d like to take advantage of and enter the promo code ‘CBSBET365.
  4. Create your account using your email address and a secure password.
  5. Download the bet365 mobile app so you can place bets and track your bets while on the go.
  6. Fund your account with a minimum of $10 using any of the available deposit methods.
  7. Depending on which promotion you choose, place your first bet, entering a minimum of $5 (bet and get) up to a maximum of $1,000 (first bet insurance).
  8. Once your bet is graded, wait up to an hour for your bonus bets to be credited to your account if any are to be added.
Bet $5 & Get $150
In Bonus Bets

Validated on: December 13, 2024

Claim bonus

21+ only (18+ in KY).  Offer available in AZ/IA/IN/KY/LA (select parishes)/NC/NJ/OH/VA. Void where prohibited. Available to new customers only. Must claim offer within 30 days following registration. Deposit $10+ and place $5+ qualifying bet. Bonus bets are non-withdrawable and the Bonus Bets wager excluded from returns. Bonus Bets expire after 7 days. Add’l terms and restriction apply see at bet365.com. The above bonus code can be used during registration but does not change the offer amount in any way. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER (AZ, IN, KY, LA, NC, NJ, OH, VA) or 1-800-BETS OFF (IA).

Validated on: December 13, 2024

Comparing bet365’s welcome bonus

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:

SportsbookPromo codeBonus typeBonus detailsMinimum depositRating
bet365 Sportsbook PromoCBSBET365Bet and getBet $5, get $150 in bonus bets OR a First Bet Safety Net up to $1,000$104.5/5
FanDuel Sportsbook PromoNo codeBet and getBet $5, get $150 in bonus bets if your bet wins + 3 months of NBA League Pass$54.7/5
Caesars Sportsbook PromoCBSDYWProfit boostBet $1, Double Your Winnings Your Next 10 Bets$104.9/5
BetMGM Sportsbook PromoCBSSPORTSFirst bet insuranceUp to $1,500 back in bonus bets if your first bet loses$104.6/5
DraftKings Sportsbook PromoNo codeBet and getBet $5, get $150 if your bet wins$54.6/5
BetRivers Sportsbook PromoSPORTSSecond chance betSecond chance bet up to $500$104.5/5
Fanatics Sportsbook PromoNo codeBonus betsBet and get up to $1,000 in No Sweat Bets$54.2/5
ESPN BET Sportsbook  PromoNo codeFirst bet insuranceUp to $1,000 in bonus bets if your first bet loses$104.6/5
Borgata Sportsbook  PromoCBSSPORTSBet and getBet $20 or more and get $100 in bonus bets$104.1/5

Get to know bet365 Sportsbook

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.

Payment methods

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.

Deposit options

Deposit optionsProcessing speedMin. Deposit
Debit/CreditInstant$10
Online banking via TrustlyInstant$10
PayPalInstant$30
SkrillInstant$10
Apple PayInstant$10
PayNearMeInstant$10
PaysafecardInstant$10
Cash at the cageInstant$10

Withdrawal options

Withdrawal optionProcessing speedMin. Withdrawal
Debit1-4 hours$10
Credit1-5 banking days$10
Online banking via Trustly1-4 hours$10
PayPal1-4 hours$10
Skrill1-4 hours$10
Cash at the cageInstant$1

Responsible gambling

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:

  • Deposit Limits
  • Spending Limits
  • Single Wager Limits
  • Session Limits
  • Time Out
  • Self Exclusion

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:

bet365 Sportsbook promo review

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.

Bet $5 & Get $150
In Bonus Bets

Validated on: December 13, 2024

Claim bonus

21+ only (18+ in KY).  Offer available in AZ/IA/IN/KY/LA (select parishes)/NC/NJ/OH/VA. Void where prohibited. Available to new customers only. Must claim offer within 30 days following registration. Deposit $10+ and place $5+ qualifying bet. Bonus bets are non-withdrawable and the Bonus Bets wager excluded from returns. Bonus Bets expire after 7 days. Add’l terms and restriction apply see at bet365.com. The above bonus code can be used during registration but does not change the offer amount in any way. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER (AZ, IN, KY, LA, NC, NJ, OH, VA) or 1-800-BETS OFF (IA).

Validated on: December 13, 2024

FAQ

What is the promo code for new users on bet365 Sportsbook?

Enter promo code ‘CBSBET365’ to gain access to the new-user welcome bonus from bet365 Sportsbook.

Is a promo code necessary for bet365 promotions?

Only the bet365 sign-up offer requires a promo code. All other promotions can be claimed by simply opting in, no promo code necessary.

How does the bet365 welcome bonus work?

The bet365 welcome bonus gives new users a choice: Either bet $5 to get $150 in bonus bets, or get a first bet safety net of up to $1,000. Just sign up with the aforementioned promo code, fund your account, and bet $5+ on any market to redeem one of these offers.

Can I convert bet365 bonus credit into cash?

No, your bonus credits from bet365 are non-withdrawable. Any returns from bets placed using bonus bets are added to your withdrawable balance, but the bonus bets wager is excluded from any returns.

What banking options are available for depositing real cash on bet365 Sportsbook?

bet365 provides its users with an array of deposit options. You can fund your account using debit/credit cards, e-wallets such as PayPal, Apple Pay, Skrill, PayNearMe, and Paysafecard, along with Trustly online banking and cash at the cage.

Are there current promotions for daily fantasy sports or online casinos on bet365?

Yes, bet365 is currently offering promotions for its online casino platform. The offers include $10,000 Weekend Giveaways and the $50,000 Live Dealer Giveaway.

How do I receive promotions on bet365?

The easiest way to receive promotions from bet365 is by navigating to the ‘Promos’ page. There, you will see all of the available offers that you can opt-in to.

Can I combine multiple bet365 promotions?

No, only one promotion can be used per betslip. You cannot combine more than one promotion at bet365.