bet365 Bonus Code SHNEWS: Claim $1K Back or $150 On Any Game This Week

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bet365 Bonus Code SHNEWS: Claim $1K Back or $150 On Any Game This Week

bet365 bonus code SHNEWS offers the choice between $1K back if your first bet misses or a Bet $5, Get $150 promo. These welcome promos are available in any bet365 sports betting state — Louisiana, Kentucky, New Jersey, Ohio, Virginia, Iowa or Colorado.

Here are the two introductory offers available if you are a first-time customer of bet365 Sportsbook:

$1K First Bet Safety Net — Earn up to $1,000 back in bonus bets if your first bet doesn’t win

This works as a first bet insurance promo that is typical among top sports betting sites. Essentially, a winning first bet profits cash and returns the stake, just like any other typical bet. If your first bet settles as a miss, bet365 recoups your stake up to $1,000 in bonus bets.

Bet $5, Get $150 — Place $5 on odds -500 or longer to win $150 in bonus bets no matter how the bet settles

While both offers require a new account and a $10 deposit, this bet requires at least $5 on odds -500 or greater which means odds like +250 or -110, but not -550. As long as your bet meets the dollar and odds requirement, the bonus is earned regardless of outcome.

bet365 states

  • Louisiana
  • Kentucky
  • New Jersey
  • Ohio
  • Virginia
  • Iowa
  • Colorado

bet365 promo requirements

  1. First, decide between the $1K First Bet Safety Net or the Bet $5, Get $150 promo.
  2. Create a new account with bonus code SHNEWS.
  3. Make at least a $10 deposit, required for either offer.
  4. The $1K deal requires a cash bet of any size while the Bet/Get promo requires at least $5.

bet365 bonus code SHNEWS, explained

$1K First Bet Safety Net

The first promo available for any new bet365 customer is the $1,000 back in bonus if your first bet isn’t successful. Let’s say you set up a two-leg parlay across the two NHL games available on Wednesday night.

In this scenario, you grab the New Jersey Devils -137 to win outright and the Toronto Maple Leafs to cover -1.5 (+120) for a total +281 parlay.

  • Win: You earn +281 your stake and the stake is returned
  • Loss: bet365 covers whatever your stake was up to the limit of $1,000 in bonus bets

bet365 bonus bets deposit within an hour of the bet settlement if your first bet misses. These bonus funds are currency to use within the bet365 mobile app for 90 days.

Bet $5, Get $150

Alternatively, if you choose this promo, the main requirement is finding odds that meet -500 or longer. Let’s go through a quick example.

The Memphis Grizzlies were -560 favorites on Tuesday night against the San Antonio Spurs. This line would not be eligible for the promotion.

The Toronto Maple Leafs are -186 favorites for Wednesday’s game against the Anaheim Ducks. This is eligible for the bonus no matter how the game plays out.

As long as you make the $10 deposit and $5 wager on eligible odds, the bonus bets deposit within an hour of bet settlement.

 How do I use bonus bets?

bet365 bonus bets are funds in your account to fund a wager but they are not withdrawable like cash. bet365 may also have odds restrictions on how to use the bonus bets so it’s important to always check out the odds on your market of choice.

If you fund a bet with bonus bets, the stake always goes to the house. This is because you can only play the bonus once, meaning a winning bet funded by bonus bets still profits the cash winnings.

North Carolina sports betting is set to launch sometime in early 2024. bet365 Sportsbook is expected to be one of the books launching and North Carolina would be its eighth state.

21+. Gambling Problem? Call or text 1-800-GAMBLER. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply.