bet365 Bonus Code NYPNEWS: Choice of $1,000 first bet or $150 bonus bets for NBA, NFL, any sport
bet365 bonus code NYPNEWS is your ticket to one of two offers — either a $1,000 first bet safety net, or $150 in bonus bets after a $5 wager.
Both offers use the same code (you’ll choose your bonus after finishing your registration). These offers are available in seven states — New Jersey, Ohio, Kentucky, Louisiana, Colorado, Iowa and Virginia.
The first bet safety net refunds you in bonus bets if your first bet loses, equal to whatever you lost. So if you bet $1,000 and lose, you’ll get $1,000 bonus bets back. If you bet $250 and lose, you’ll get $250 back.
The bet/get is more straightforward — just deposit $10, bet $5, and you’ll get $150 in bonus bets.
The safety net is the higher value offer if you maximize it, but if you’re just looking for less risk and some bonus bets to play around with, the bet/get is a better choice.
We’ll run through some examples of each below.
The safety net works like a “no sweat first bet” or first bet insurance that some other sportsbooks call it. If your first bet loses, you’ll get back bonus bets equal to whatever you lost.
Say I deposit $500 and put it all on Northwestern to beat Utah in the Las Vegas Bowl at +200 on Saturday night.
- If Northwestern wins, I profit $1,000 ($500 x 2.0) and I keep my $500 wager. So I’ll now have $1,500 cash in my account and the promo is over. I can keep betting or withdraw that money.
- If Northwestern loses, I’ll get back $500 in bonus bets. I’ll then have to wager those to turn them into cash.
The nice thing about bet365’s bonus bets is that they can be split up into smaller increments and that they don’t expire, unless your account is inactive for 90 days. Other books only give you a week to use them.
There are two important notes for this offer:
- Even though it’s a “bet $5” deal, you must deposit $10 or more for the offer to activate. And your first bet can be $5 or more, not exactly $5.
- Your first bet must be on a line that’s -500 or “longer” — and longer in this case means -350, -450, or +200 are OK, but -510 is not.
You can make your first bet on any sport and game — props, sides, totals, etc. Just make sure it’s -500 or longer. Once it settles, you’ll get the bonus bets no matter what.
Need to know the fine points of bet365’s bonus bets? Let’s dive in.
- bet365’s bonus bets can be split into any increments. You can make a $10 bonus bet wager, then a $100 wager, then a $1 bet. Or any other combination. It will just deduct from the balance. At other sportsbooks, the amounts are often predetermined.
- Your initial bonus bets won’t expire unless your account is inactive for 90 days
- Like other sportsbooks, you keep any profit from the bonus bet wagers, but not the bonus bet itself. So a $20 bonus bet wager at +300 pays $60 in profit, but you don’t keep the $20.
