bet365 Bonus Code NYPNEWS: $1,000 insurance or $200 in NC; $150 or $1k insurance in other states

North Carolina sports betting is now live and new customers can use the bet365 NC bonus codeNYPNEWS for a choice between two introductory promos. Once you set up a new account from within the Tar Heel State, make a minimum $10 deposit and choose between the following offers:

Offer 1: $1K First Bet Safety Net — Recover your first bet if it misses up to $1,000

This works like a first bet insurance you’ll find common among the top sports betting sites. It covers your first bet if it loses up to a maximum $1,000 while a winning first bet keeps the profit and cash stake.

I recommend this offer if you’re looking to make a big wager close to the maximum number. That way, you either get a big payout in a win or bet365 has your bet covered.

Offer 2: Bet $5, Get $200 — Your first bet earns $200 in bonus bets no matter how it settles

Alternatively, this promo makes more sense if you want to make a smaller value wager. You earn the bonus bets either way as long as you make a $10+ deposit and $5+ wager on -500 or greater odds.

You’ll notice this offer has an odds restriction of -500 or longer meaning you must bet on odds like -400 or +250 but not -650.

All other bet365 locations will have a similar choice between offers upon sign-up. If you’re a new customer in one of bet365’s other 10 sports betting states, you can pick between the following:

$1K First Bet Safety Net — This is the same offer as North Carolina

Bet $5, Get $150 — Reduced dollar amount from the NC offer but the promo still works the same

bet365 offers various sports events that cover every bettor’s wants from conference tournaments in basketball, NBA, NHL, motorsports, esports and baseball near the end of March.

Let’s use the NBA as an example. If you’re a Hornets fan, you’ll find the matchup between the Hornets and the Philadelphia 76ers at 7p.m. ET. However, I’m most excited about the Golden State Warriors vs. Los Angeles Lakers at 8:30p.m. ET on ABC.

You’ll need a minimum $10 deposit and a cash bet of any size on anything you prefer throughout the bet365 platform. The outcome of the bet determines whether or not you earn the bonus bets.

Let’s say I placed $500 on a +300 parlay.

• A winning wager would earn $1,500 and keep the $500 stake but doesn’t earn the bonus bets
• Meanwhile, a miss means bet365 would deposit $500 in bonus bets

bet365 deposits the $500 in bonus bets within an hour of bet settlement. These bonus funds last for seven days in your account and can be used to fund a wager.

It makes sense to choose favored odds for this promo as long as it falls within the odds restriction of -500 or greater. Imagine I grabbed the Lakers as hypothetical slight favorites at -150 at home against the Warriors.

A win would profit cash, return my stake and provide $200 in bonus bets. Even if my bet loses, I still earn the $200 bonus within an hour.

Must be 21+ and present in North Carolina. Full T&C apply. Gambling problem? Call 877-718-5543 or visit morethanagame.nc.gov