New bettors should check out the bet365 bonus code ACTION to earn $365 in bonus bets. Bettors simply need to deposit $10 and wager $1 on any sporting event to access the bonus bets.

The only downside to the bet365 offer is it’s only available in a few states. This offer only applies to new bettors in Colorado, New Jersey, Ohio, and Virginia, since there’s where bet365 operates in the U.S.

We’ll go in-depth with this offer and recommend how to use your first bet and bonus bet.

Using the bet365 Bonus Code

Bettors need to deposit $10 and bet $1 before they can access the $365 bonus bets. This offer applies to any sporting event at bet365. New users must make their first wager on a prop with -500 odds or longer.

We know March Madness is all the rave right now, but why not switch things up? We’ll focus on an exciting NHL matchup between the Devils and Lightning.

New Jersey has enjoyed a breakout season, holding the third-best record in the league. Tampa Bay is searching for an unprecedented fourth-straight Stanley Cup Final appearance.

The Devils are the road team, so they should be a slight underdog. Let’s bet $10 on the Devils ML at +130.

• Devils Win: We win $13 and keep our $10 wager. We also earn $365 in bonus bets.
• Devils Lose: We only receive the $365 bonus bets.

bet365 Bet Credits

Now that we’ve bet on the Devils-Lightning, it’s time to use our bonus bets. There are two things you should know before using them.

First, bonus bets aren’t withdrawable until you win a bet. Most importantly, bonus bets only allow you to keep the winnings. The payout doesn’t include your initial wager.

The +EV betting guide suggests wagering on a plus-money prop or longshot. That’s the best way to earn a profit.

The Round of 32 concludes today, and the Sweet 16 will be here before you know it. Thankfully, it’s still early enough to find value on any team. Let’s use $100 of our bonus bets to wager on Alabama at +550.

• If Alabama wins the championship, we’ll win $550 but don’t keep our $100 bet.
• If Alabama doesn’t win the championship, you lose $100 of your bonus bets.

bet365 Terms & Conditions

Here are the important points to know about this offer:

• States available: Colorado,  New Jersey, Ohio, and Virginia.
• You’ll receive the bet credits after one hour of your first $1 bet settling.
• You must make your first bet within 30 days. Otherwise, it will be forfeited.
• If you are inactive for 90 days, your bet credits will be forfeited.
• bet365 doesn’t allow you to bet on both sides to guarantee a victory. For example, you cannot bet $10 on the Devils and Lightning.