SI

bet365 Bonus Code (May 2026): Earn $200 in Bonus Bets Win or Lose

bet365
4.6/5
Bet $10, Get $200 Win or Lose or $1,000 Promo
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. $10 min deposit required. Bonus bet wager excluded from returns. New customers only. Time limits, minimum odds, and T&Cs Apply. In App Only. Not available in Illinois.
Sourced and verified by on May 27, 2026
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. $10 min deposit required. Bonus bet wager excluded from returns. New customers only. Time limits, minimum odds, and T&Cs Apply. In App Only. Not available in Illinois.
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Bet $10, Get $200 Win or Lose or $1,000 Promo

Claim Now

By claiming the current bet365 bonus code today, you can turn a $10 first bet into $200 in bonus bets, win or lose. I tested the bonus myself, and will show you the key details around bet365 bonus bet timing, eligible promo wagers, and how to maximize your rewards from one of the top sportsbook promos.

bet365 bonus code summary for May 2026

Use my table below to track the latest bonus code for bet365, depending on which state you're located in.

bet365 promo code offer Available states
Bet $10, get $200 win or lose or $1,000 First Bet Safety Net AZ, CO, IN, IA, KS, KY, LA, MD, MO, NC, OH, TN, VA
Bet $5, get $150 win or lose or $1,000 First Bet Safety Net  IL
Bet $10, get $200 win or lose, and 50 Spins MI, NJ, PA

bet365 bonus code terms and conditions

You can claim the latest bet365 promo code, which gives you a choice between two great welcome offers.

I've broken down all the key elements for each of the bet365 bonus code below.

Bet $10, get $200 in bonus bets

bet365 makes it easy for you to claim $200 in bonus bets. Just make a $10+ deposit, and then place a $10+ wager after signing up. Win or lose, once your first bet settles, you'll unlock the entire bet365 welcome bonus of $200 in bonus bets. 

My favorite part of the current bet365 welcome promo is how easy it was, even if I was a new bettor, this would have only taken a few minutes. No bet365 bonus code is required to input when signing up, making registration a breeze.

Then, since your first bet does not have to win to activate the bonus, once you complete the deposit and make that first bet of $10+, you have essentially unlocked the entire promo.

SI Expert Analysis: When I claimed this offer, I took a big swing with my first bet. I felt this was as good a time as ever, since I would receive $200 in bonus bets no matter how my first wager settled.

  • You must be a new bet365 user of legal gambling age to claim this promo.
  • The promo can ONLY be claimed on the bet365 app.
  • No bet365 bonus code is required at registration.
  • Deposit at least $10 and place a $10 wager within 30 days to earn $200 in bonus bets.
  • You can use your bonus bets on any market with odds of -500 or greater.
  • Bonus bets expire seven days after issuance.
  • This bet365 promo expires June 1, 2026.
bet365 promo image

$1,000 First Bet Safety Net

New bet365 users who prefer to make a larger first bet and did not claim the $200 promo can instead opt for bet365's alternative welcome bonus option, a $1,000 First Bet Safety Net promo.

If you wish to claim the $1,000 First Bet Safety Net promo, you will need to deposit at least $10 to qualify.

With the First Bet Safety Net, if your first wager loses, you’ll receive a refund in bonus bets that are equal to your stake, up to $1,000. 

For example, a $1,000 first bet at odds of +300 would yield a $3,000 profit if it wins, and any loss would have the $1,000 stake refunded as bonus bets, creating a strong risk/reward scenario for bettors.

Note: This promo is not available in NJ and PA.

bet365 welcome promo in MI, NJ, and PA

If you're in MI, NJ, and PA, you get an additional perk when signing up for the bet365 bonus code offer. After depositing $10 and placing a $10 bet, you'll also receive 50 Free Spins along with $200 in bonus bets.

Terms and conditions

🎁 Welcome bonus #1 Bet $10, get $200 in bonus bets win or lose
🎁 Welcome bonus #2   $1,000 First Bet Safety Net
🎁 MI, NJ, PA welcome bonus Bet $10, get $200 in bonus bets + 50 spins, win or lose
🇺🇸 bet365 state AZ, CO, IL, IA, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA
✍️ Terms and conditions  Promo only available for new bet365 users in select states. Users must be 21+. Minimum deposit of $10 required. Bonus bets expire in 7 days. Additional terms and conditions apply.  
📱 Mobile app  iOS and Android 
✅ Last verified by SI  May 27, 2026
⏳  Offer expiry  June 1, 2026

Interested in the beautiful game? bet365 is a great place for anyone looking to use their welcome bonus on soccer offerings. Learn more in our review of the best soccer betting sites

Title Icon SI Betting Expert Analysis

Unlike Ryan, I opted for the $1,000 First Bet Safety Net offer when redeeming the bet365 bonus code, since I planned to make an initial $500 bet. I ended up hitting the wager, but I went in with more confidence knowing that if it didn't win, I would have received $500 in bonus bets.

- Kyle Collis, Betting Analyst

Is there a bet365 bonus for existing users?

For existing bet365 users, there are a handful of other great bet365 promo offers you can use to your advantage. 

Top bet365 bonus offers this week

bet365 promotion  Description 
🏒 NHL Early Payout Win your pre-game moneyline bet when your team takes a three-goal lead.
🏒 NHL SGP Boost Boost your NHL SGP by 30% today.
🏀 NBA SGP Boost Grab a 30% profit boost on the Conference Finals games.
🏀 NBA Early Payout Win your pre-game moneyline bet when your team takes a 20+ point lead.
⚾ MLB SGP Boost Make an MLB SGP today and get a 30% profit boost.
⚾ MLB Early Payout Win your pre-game moneyline bet when your team takes a five-run lead.
🎾 French Open Boost Get a 30% boost on a French Open wager.
⛳ CJ Cup Boost Boost your CJ Cup SGP by 30%.
🎰 bet365 Casino welcome bonus  Sign up for a new bet365 Casino account in NJ and deposit $10 to win 200 free spins automatically. Join bet365 in PA and earn a 100% deposit match worth up to $500 and 100 free spins. These bet365 Casino offers are only available in NJ and PA at this time. 
Title Icon SI Betting Expert Analysis

bet365 is my primary sportsbook, so I can tell you with confidence these daily promos add value to experience. I bet plenty of NBA regular season moneylines, and the early payout promo has saved me more than once.

Kyle CollisBetting Analyst

bet365 promo code comparison

Wondering how the bet365 welcome bonus compares to other sports betting apps? I’ve signed up and tested several of these offers firsthand to see how the bonus code for bet365 stacks up against the competition:

For example, when testing the BetMGM offer, the standout feature was the structure. With the BetMGM bonus code, if your first bet doesn’t win, you can still receive up to $1,500 back in bonus bets. In practice, this creates a safety-net feel that’s different from the more straightforward bet-and-get setup at bet365, but similar to the $1,000 offer.

Like bet365, the DraftKings promo code unlocks a 'bet and get' deal, where a small wager can land you a significant amount of bonus bets, depending on the terms at the time.

The Caesars Sportsbook promo code stands out by giving players 10 100% profit boost tokens, which is a very different feel from bet365. Meanwhile, the FanDuel promo code offers $150 in bonus bets, but usually requires your first bet to win, so I give the edge to bet365 here.

The Fanatics Sportsbook promo code offer gives you up to $1,000 in FanCash when you place a $100 wager on 10 consecutive days. FanCash can be used on apparel, bonus bets, and more. This is close to the $1,000 offer from bet365, but requires 10 days of betting. I prefer the one-wager requirement from bet365.

Is bet365 legal?

Yes, bet365 has continued its expansion across the U.S. and is now legal in 17 states. It's worth noting that the bet365 refer-a-friend program is also available in all the states listed below, except NC and PA.

State  Legal age  Sign-up bonus  Launch date 
Arizona 21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000  February 2024 
Colorado 21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 September 2022 
Illinois 21+ Bet $5, get $150 win or lose or First Bet Safety Net up to $1,000 March 2025
Indiana  21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 January 2024 
Iowa  21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 June 2023 
Kansas 21+ Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 August 2025
Kentucky  18+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 September 2023 
Louisiana 21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 November 2023 
Maryland 21+ Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 August 2025
Michigan 21+ Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 April 2026
Missouri 21+ Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 Dec. 1, 2025
New Jersey 21+  Bet $10, get $200 in bonus bets + 50 spins, win or lose August 2020 
North Carolina 21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 March 2024 
Ohio  21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 January 2023 
Pennsylvania  21+  Bet $10, get $200 in bonus bets + 50 spins, win or lose July 2024 
Tennessee 21+ Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 March 2025
Virginia  21+  Bet $10, get $200 win or lose or First Bet Safety Net up to $1,000 January 2023 

bet365 is a legal and regulated sportsbook, but check out our list of sportsbooks to avoid is you want to learn more about non-compliant betting sites.  

How to claim the bet365 promo code

Claim the bet365 bonus code offer by clicking any link on this page, then place a $10+ bet to receive $200 in bonus bets, win or lose. In my experience, the entire process, from sign-up to activation, takes just a few minutes.

1. Register  

Click any link on this page to sign up and unlock the bet365 welcome bonus. The onboarding process is quick, and I didn’t need to enter a bonus code for bet365 at any point, which makes registration more streamlined than many competitors.

2. Deposit funds  

Make a $10+ deposit to activate the promo. I had access to several payment options, including debit cards, Apple Pay, Visa, Mastercard, and PayPal, and opted for Apple Pay, which made funding simple. While $10 is the minimum, a higher deposit gives you more flexibility once you start betting with your bet365 promo code offer.

3. Place a bet  

Place a $10+ qualifying wager with at least one -500 odds market or higher. In practice, once the bet settles, the bonus triggers automatically, win or lose. If your first bet wins, you still keep the payout on top of unlocking the bonus.

Bonus bets expire after seven days and don’t return stake on winning bets. For example, a $50 bonus bet at +100 odds returns $100 total, with $50 withdrawable profit.

4. Withdraw winnings  

Once you complete the bonus’s 1x wagering requirement, you’ll be able to withdraw your winnings. Notably, the bonus bets are not withdrawable. It's worth noting that bet365 is one of the best online sportsbooks for payouts.

bet365 review

bet365 is a trusted sportsbook that has been operating since 2001. It first touched down in the U.S. in New Jersey in 2018 when sports betting became legal in the state. Since then, it has expanded to nearly a dozen states and has risen to become one of the top parlay betting sites for US bettors.

The dual welcome promo is bet365’s bread and butter, but the site also features many ongoing promos throughout the year for existing customers. The app features a stylish layout that simplifies navigation, enabling you to place a wager with ease. bet365's live streaming service features real-time statistics to enhance your knowledge before your next bet.

Further, its sports specific features allow it offer a variety of props and wagers across a multitude of sports allowing it become one of the best UFC betting sites for fight fans looking for the best MMA betting markets. It's massive offerings of NBA props also have it ranked highly on our list of the top NBA betting sites.  

Read below as we dive deeper into the platform.

🔎 bet365 pros and cons 

Pros Cons
✅  Choose one of two great welcome promos ✖ If you win big, expect to be limited
✅  Few restrictions on same-game-parlays ✖ No sportsbook loyalty program
✅  Excellent option for props ✖ Occasional app crashes

For more info on bet365, check out our full bet365 review and learn more about how we rate betting sites.  

📝 User reviews 

bet365 has a loyal fan base that appreciates the sportsbook's extensive range of sports and intuitive live-betting interface. 

Many Android users have pointed out that the app could use a refresh to make it easier to navigate certain markets, including winning-margin bets and alternative lines. 

App Store: 4.7 out of 5 ⭐ (148K reviews)

Google Play: 4.6 out of 5 ⭐ (47.9K reviews)

💳 bet365 payment methods 

bet365 offers several payment options, including debit, Visa, PayPal, and Apple Pay. My go-to payment option is Apple Pay, but I’ve also tested out a debit card. Both options have produced instant, pain-free deposits and smooth withdrawal experiences that take just a couple of hours to process. We believe bet365 is in the top tier when it comes to the fastest payout sportsbooks.

Payment method Minimum deposit Deposit speed Minimum withdrawal Withdrawal speed
Debit cards $10 Instant $1 1-2 days
PayPal $10 Instant $1 Within 24 hours
Venmo $10 Instant $1 Within 24 hours
Apple Pay $10 Instant $1 1-3 days
Online banking $10 Instant $1 2-4 days
VIP preferred $10 Instant $1 2-4 days
Play+ prepaid card $10 Instant $1 Within 24 hours
Cash $10 Instant $1 Instant
Check in mail N/A N/A $1 7-21 days

ⓘ Customer support 

 A 24/7 live chat feature has gone from a nice-to-have to something that sports bettors demand these days. Thankfully, bet365 comes through in that department, making it easy for users to touch base with a representative within minutes.

One NFL Sunday, I hit a four-leg SGP and noticed that only two of the legs were ‘checked off’ as winners in my bet slip. I contacted live chat and received a swift reply from an operator, who let me know that sometimes all the ‘checkmarks’ don’t appear until the game has finished. However, the operator confirmed that I'd be paid out, which I was.  

The online sportsbook also offers several other options for those who would like to ask questions or address concerns to bet365’s customer service reps. 

💬 Live chat: Available 24/7

📩 Email: On-site form

📞 Phone: Not supported

𝕏 (Twitter): @bet365help

bet365 Help Center: Tap here

💵 Types of sports bets 

If you’re new to sports betting, you’ll soon learn that there are hundreds of different ways to get in on the action. While bet365 offers some of the more exotic options like player specials, fast markets, and alternative lines, we’ll focus below on some of the most popular bets available. 

Moneyline  

A moneyline bet is where you simply pick a winner. Moneyline favorites are indicated by a negative value (-) next to their odds, and moneyline underdogs are indicated by a positive value (+).  

Example: 

Point spread  

Point spread bets are when the sportsbook assigns a handicap to the match to balance out the playing field. The odds will usually be similar (if not identical) for both teams. However, for your team to win they will have to cover the indicated handicap.

Example

If you backed the Browns, they would have to win by a minimum of three points. If you took the Falcons, they could lose by up to two points or win outright, and still cover the spread. 

Over/Under (totals) 

Betting on the Over/Under is when you wager on if the total score will be over or under the number a sportsbook assigns. 

Example

  • Paul Skenes strikeouts: Over 10.5 (-110), Under 10.5 (-110)

Props 

Prop betting sites have become a significant part of sports betting, particularly on NFL betting sites, and involve wagering on outcomes that are not directly tied to the final score of a game. Prop bets include wagers on team and individual player performance, events within a game, or exotic markets unrelated to a game at all.

Example:

  • Puka Nacua rushing + receiving yards: Over 92.5 (-110), Under 92.5 (-110)

Futures 

A futures bet is when you wager on a player or event that has an outcome that will happen down the road. These are popular for golf betting sites, but there are dozens of markets, including NBA Championship odds, World Series odds, Rookie of the Year, Coach of the Year, and more.

Example:

  • Jim Harbaugh Coach of the Year +1200

Live bets 

Live betting can be great if you can’t manage to get your pregame wager in or if you just want to follow along and ride the momentum shifts of a particular contest. bet365 features up-to-the-second odds that allow you to place bets right up to the end of a match. 

➕ Odds pricing 

We’ve noticed that it always pays to shop around at different sportsbooks for the best odds. On many occasions, bet365 will have favorable odds on a certain market. However, there are other times when you’ll find a better price elsewhere. The same can be said for any sportsbook out there.  

For instance, a recent price we found for a Derrick Henry anytime touchdown was -225 at bet365, as opposed to -240 at a competitor site. The biggest variances can usually be found in futures and props markets. For the most part, moneyline and point spread lines will be similar between the leading sportsbooks. 

🏆 Sports available 

bet365 has a seemingly endless list of sports available to wager on that include the U.S.’s most popular like:  

🏈 NFL

🏀 NBA

MLB

NHL

⛹🏽 NCAA

👊 UFC

Soccer

However, the sportsbook also offers a variety of niche options, including darts, harness racing, cycling, pool, table tennis, volleyball, and handball. There’s even a ‘Winter Sports’ tab where you can bet on ski jumping, biathlon, cross-country skiing, and more.

For soccer, the biggest international sport in the world, bet365 is already an industry leader in terms of offerings and easily one of the best World Cup betting sites to look ahead of the 2026 tournament. 

🚨 Bet limits 

The maximum winnings in a 24-hour period at bet365 are $1 million, regardless of your stake. Keep in mind that bet365 reserves the right to cap bettors’ betting limits at its discretion. You can read more in the sportsbook's terms and conditions. 

bet365 casino bonus code

The bet365 casino bonus code is only available in New Jersey, Pennsylvania, and Michigan, where eligible players can access the casino welcome offer.

New users can claim a 100% deposit match up to $1,000 plus up to 1,000 bonus spins after making a $10+ deposit. The spins are awarded across a 20-day period (with a 24-hour wait between each), and are valid on select games, including Curse of the Bayou, Magic Forge, Maximum Vegas, and Super Mega Ultra Wheel. Unlike the deposit match, the spins do not carry a wagering requirement.

The deposit bonus comes with state-based wagering requirements, 30x in New Jersey, 25x in Pennsylvania, and 15x in Michigan, and must be completed within 30 days. Bonus spins must be used within seven days of being issued.

How bet365 compares to other top betting sites

Each of the best sports betting sites has its own appeal, but bet365 stands out for new players thanks to its strong welcome promotion and user-friendly experience. Its bonus gives first-time bettors an easy, rewarding way to get started and explore everything the platform has to offer.

bet365 BetMGM FanDuel DraftKings Caesars Sportsbook
Welcome promo 🥇 Bet $10, get $200 win or lose or $1,000 First Bet Safety Net Up to $1,500 in bonus bets + $50 in Rewards Points $150 in bonus bets Up to $1,100 in bonuses 10 100% profit boost tokens
Daily promos Dedicated promo tab with boosts and bonuses Strong mix of odds/parlay boosts Limited but steady offers 🥇 Best variety and frequency Consistent boosted premade parlays
Contests Limited Creative and engaging contests Daily fantasy contests with featured events 🥇 Daily Fantasy Sports contests and exclusive pools Variety of contests across major sports
Loyalty program No MGM Rewards FanDuel VIP DK Rewards 🥇 Caesars Rewards 
Referral program Claim $50 in bonus bets per referral 🥇 Claim $100 per referral  Claim $50 in bonus bets  Claim $100 per referral  Claim 5,000 reward credits per referral 

bet365 responsible gaming

At bet365, you can set limits on how much money you want to deposit into your account on a daily, weekly, or monthly basis. You can also access various gambling resources, including a self-assessment test for those who suspect they may have a gambling problem. The sportsbook’s dedicated responsible gambling page features tools that allow you to take a ‘time out’ for a specific period, set wager limits, and even control what kind of marketing bet365 sends you.  

bet365 bonus code FAQ

Does bet365 have a bonus code?

No bonus code is required to claim your bet365 promo code offer.

Does bet365 have a referral bonus?

Yes, bet365 offers referral bonuses to select users. Check your account to see if you qualify, and you could earn a $50 bonus for every friend you refer to bet365.

How do I get $200 on bet365?

Once you register, place a $10 deposit and a $10 wager, you will be credited with $200 in bonus bets, whether your wager wins or loses.

Is the bet365 bonus code legit?

Yes, the bet365 bonus code offer from Sports Illustrated is a verified offer.

How do bet365 bonus bets work?

If you make a winning wager using bonus bets, you will not receive the stake back, only the winnings will turn into redeemable cash.

Our experts carefully select each item on this site. We may earn a commission if you sign up through our links.

21+ and present in OH. Gambling problem? Call 1-800-MY-RESET.