bet365 Sign Up Bonus: Bet $5 Get $200 or $1K First Bet Safety Net

Last updated September 11, 2024

The bet365 Sign Up Bonus is now bigger and better! New customers can sign up and take advantage of the Bet $5 Get $200 promo or the $1,000 First Bet Safety Net. The choice is all yours.

In this article, we'll cover everything you need to know about bet365 Sportsbook's latest new customer offers. 

This includes a full breakdown of how the promotions work, step-by-step instructions for claiming your rewards, our exclusive bet365 bonus code, and much more.

Now, let's get started!

bet365 Sign Up Bonus Offers – 2024

bet365 Promo Code: Bet $5 Get $200 or $1,000 First Bet Safety Net

Bet365 Promo Code

The latest bet365 Sign Up Bonus is giving all new customers the choice between TWO incredible sportsbook welcome offers. Here's a quick breakdown of each promotion and how it works:

  • Bet $5 Get $200 in Bonus Bets: The bet365 Bet $5 Get $200 promotion works exactly how it sounds. When you sign up today and place any $5+ wager, you'll instantly unlock $200 in bonus bets. It doesn't matter if your $5 qualifying bet wins or loses; the full bonus is paid out either way.
  • First Bet Safety Net Up to $1,000: The bet365 First Bet Safety Net promotion provides insurance on your first wager of up to $1,000. This means if your first wager happens to lose, bet365 Sportsbook will provide a full refund of up to $1,000 in bonus bets to help you bounce back.

As soon as you create a new bet365 account in AZ, CO, IA, IN, KY, LA, NC, NJ, OH, or VA, you'll get to pick one of these fantastic offers to kickstart your sports betting journey. Simply choose the promotion that best fits your betting style!

🎁 First Bet Bonus Promo Offer:Bet $5 Get $200 in Bonus Bets 
or
First Bet Safety Net up to $1000
🎁 Weekly Parlay Bonus: Bet $20 Get $25
🎁 Promo Code:SQOREBONUS for  AZ, CO, LA, NC, NJ, PA & VA
or
SQOREPROMO for IA, OH & KY
🇺🇸 Available in:AZ, CO, IA, KY, LA, NC, NJ, OH, PA & VA 
💰 Minimum deposit:$10
🔢 Minimum Odds-500 or greater
🗓️ Days to claim promo after registration:30 days
🗓️ Days to use bet credits:7 days
Promo Rating5/5
GAMBLING PROBLEM? CALL 1-800-GAMBLER (CO, KY, LA, NC, NJ, OH, PA, VA) or 1-800-BETS OFF (IA) or 1-800-9-WITH-IT (IN) or 1-800-NEXT-STEP (AZ).  21+ only (18+ in KY).  Must be present in AZ/CO/IA/KY/LA (select parishes)/NC/NJ/OH/PA/VA.

Bet $5 and Get $150 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply.

However, the bet365 Pennsylvania Sign Up Bonus is slightly different…

If you sign up in Pennsylvania, you’ll enjoy a special offer where a $5 wager unlocks not only $200 in bonus bets for the sportsbook but also 50 bonus spins for slot games at bet365 Casino. 

This unique promotion gives you a chance to explore both the sportsbook and casino games, starting with a single, small bet.

How Long Does It Take To Get bet365 Bonus Bets?

For the Bet $5 Get $200 promotion at bet365, your bonus bets are awarded instantly after your $5+ qualifying wager has been settled, regardless of the outcome.

On the other hand, the $1,000 First Bet Safety Net may take a bit longer to process. That said, it is still typically awarded within one hour of your qualifying wager being settled as a loss.

It’s important to remember that the bet365 First Bet Safety Net only provides bonus bets if your initial wager loses; if your wager wins, the promotion does not apply and you won’t receive any bonus bets.

Why Didn't I Get My Bonus Bets on bet365?

If you didn't receive your bonus bets when signing up at bet365 Sportsbook, here are a few potential reasons why:

Bet $5 Get $200 Welcome Offer

  1. Qualifying Bet Requirements: Ensure that your $5 bet has met all the conditions, such as minimum odds and being placed with cash. Bets placed with bonus funds or those that don’t meet the -500 minimum odds requirement may not qualify for the bonus.
  2. Settlement Timing: The bonus bets are awarded after the qualifying bet has been settled. If your bet is still pending or hasn’t been settled yet, the bonus may not have been issued.
  3. Claiming the Offer: You must claim the offer within 30 days of registering your account. If you missed this window, you typically won't be eligible to receive the $200 in bonus bets.

$1K First Bet Safety Net Offer

  1. Bet Type and Cash Requirement: The offer applies only to your first cash bet and excludes bets placed with bonus funds or partial cash-out bets. If your bet didn’t meet these criteria, you won't receive a refund of up to $1,000 in bonus bets.
  2. Outcome of the Qualifying Bet: The refund is only provided if your qualifying bet loses. If your first bet is a winning one, you will not receive any bonus bets under the bet365 First Bet Safety Net offer.
  3. Bet Conditions: Make sure your bet was placed as a single, straight bet or a qualifying parlay, Same Game Parlay, or Same Game Parlay+. Bets that are fully cashed out, settled as a push, or deemed no action don’t qualify for a refund.

How To Use Your bet365 Bonus Code

Steps for Unlocking Your bet365 Sportsbook Welcome Offer

Are you ready to sign up and use your bet365 promo code to unlock the Bet $5 Get $200 bonus OR the $1,000 First Bet Safety Net? Just follow the five simple steps outlined below!

1 Create a New Account

First, click or tap here to visit bet365 and create a new account. Don't worry! The sign-up process is pretty quick. You'll just need to provide some basic personal information, choose a secure password, and agree to the sportsbook's Terms of Use.

2 Enter the bet365 Promo Code

You'll then want to ahead and enter your exclusive bet365 Sportsbook promo code SQOREBONUS in the appropriate box. At this point, you'll also get to select your preferred sign-up bonus (either “Bet $5 Get $200” or “First Bet Safety Net”).

3 Make Your First Deposit

Next, it's time to add some funds to your bet365 Sportsbook account. Choose your preferred method of payment (debit/credit card, PayPal, etc.) and select or enter the amount you'd like to deposit ($10 or more). Then, if everything looks alright, go ahead and confirm the transaction.

4 Place a Qualifying Wager

After that, you'll need to place a qualifying wager on any betting market of choice. Remember, for the bet365 Bet $5 Get $200 promotion, a $5+ bet is required, and it must include at least one selection with odds of -500 or greater.

5 Receive Your Bonus Bets

Now, you're all set! If you chose the Bet $5 Get $200 promotion at bet365 Sportsbook, then you'll automatically receive $200 in bonus bets regardless of the outcome. On the other hand, if you went with the $1K First Bet Safety Net, you'll receive a full refund of up to $1,000 in bonus bets if your qualifying wager happens to lose. Enjoy!

Terms & Conditions for bet365 New Customer Offers

Before we go any further, I think it's a good idea to cover some of the rules for the bet365 Sign Up Bonus. This way, you'll know exactly what to expect and how to make the most of these promotions.

Here's a quick breakdown of the terms and conditions for bet365's latest new customer offers:

bet365 Bet $5 Get $200 Promotion

  • Available in Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia
  • $10 Minimum Deposit Required
  • -500 Minimum Odds Requirement for Qualifying Bet
  • Bonus Bets Expire 7 Days After Issuance
  • 1x Wagering Requirement Before Withdrawal

bet365 First Bet Safety Net Up to $1,000

  • Available in Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia
  • $10 Minimum Deposit Required
  • No Minimum Odds Requirement for Qualifying Wager
  • Bonus Bets Expire 7 Days After Issuance
  • 1x Wagering Requirement Before Withdrawal

bet365 Bet $5 Get $200 Plus 50 Spins (PA Only)

  • Available in Pennsylvania Only
  • $10 Minimum Deposit Required
  • -500 Minimum Odds Requirement for Qualifying Bet
  • Bonus Bets Expire 7 Days After Issuance
  • 1x Wagering Requirement Before Withdrawal
  • Eligible Slots (for 50 Bonus Spins at bet365 Casino) Include Finn and the Swirly Spin, Gonzo’s Quest, Jack in a Pot, and Piggy Riches Megaways
bet365 Pennsylvania Sign Up Bonus

How bet365 Bonus Bets Work

bet365 bonus bets work the same as those at other popular sportsbooks in the USA. When you place a wager using bonus bets, only the winnings from the bet are added to your account balance, not the stake itself. 

For example, if you use a $50 bonus bet on a wager with odds of +200 and win, you would receive $100 in winnings, but the original $50 stake would not be returned.

In addition, bet365 bonus bets are non-withdrawable and must be used within seven days of issuance (otherwise, they'll expire).

However, it's always important to double-check the specific terms and conditions of any bonus bets claimed at bet365 Sportsbook. Different promotions may have varying rules regarding eligible bet types, minimum odds, and exclusions.

How Do You Find Promotions on bet365?

If you've already signed up and claimed the latest bet365 New Customer Offer, don't worry! There are still plenty of other bonus opportunities available!

You can find the latest promotions on the bet365 Sportsbook app by tapping the “Promos” button in the top left corner of your screen.

Here, you'll find a full list of current promotions and special offers tailored to both new and existing customers. 

Let's take a quick look at some of the latest bet365 bonuses provided to everyday bettors: 

100% Parlay Boosts

bet365 100% Parlay Boost Promo

For starters, if you like making parlay bets, you’ll want to check out bet365’s Parlay Boost Promotion. The more bets you add to your parlay, the bigger your potential boost—anywhere from 2.5% to 100% more on your winnings. 

This promotion covers a wide range of sports, including NFL, NBA, MLB, NHL, and many others. Overall, it’s a fantastic way to increase your payouts and get more out of your combined bets!

Early Payouts

bet365 Early Payout Offers

The bet365 Early Payout Offer lets you celebrate a win sooner if your team builds a big lead. For instance, if your NFL or college football team goes up by 17 points or more, bet365 will pay out your bet as a winner right away. 

It’s a great way to avoid the nail-biting wait until the end of the game. Plus, this offer isn’t just for football—it’s also available for sports like the NBA, MLB, NHL, WNBA, soccer, and college basketball.

Bet Boosts

bet365 Bet Boosts

Lastly, bet365’s Bet Boost feature gives you the chance to get better odds on specific markets. When you're browsing through a sport or event, keep an eye out for a green arrow—this shows that Bet Boosts are available. 

You’ll see the boosted odds clearly marked, with the original odds crossed out. Just pick the boosted odds you like and add them to your Bet Slip to increase your potential payout at bet365 Sportsbook!

bet365 Welcome Bonus FAQ

What Is the bet365 Sportsbook Welcome Bonus?

The bet365 Welcome Bonus is a special offer for new customers, giving you a choice between two promotions: a Bet $5 Get $200 offer, or a First Bet Safety Net of up to $1,000. You can choose whichever deal suits you best.

How Does the bet365 Bet $5 Get $200 Promo Work?

bet365 Sportsbook's Bet $5 Get $200 promotion works by giving you $200 in bonus bets when you place a qualifying wager of $5 or more. Once your $5 bet is settled, bet365 will add $200 in bonus bets to your account, regardless of whether your original bet wins or loses.

What Is the bet365 First Bet Safety Net Offer?

With this offer, if your first bet of up to $1,000 loses, bet365 will provide a 100% refund in the form of bonus bets. The refund is typically processed within one hour of your qualifying bet being settled as a loss.

Can You Withdraw bet365 Bonus Bets?

No, bet365 bonus bets are non-withdrawable. Any winnings from bonus bets are added to your withdrawable balance, but the original bonus bet amount itself cannot be withdrawn.

Where Can I Find More Information on the bet365 Bonus?

You can find detailed terms and conditions for the Welcome Bonus offers on the bet365 website or app. Check the "Promos" section for the latest updates and full details.

Peyton
Peyton Powell
Peyton is an huge sports fan and a graduate of the University of Louisville. He has always enjoyed playing, watching, and betting on sports. Born and raised in Kentucky, a state without any professional sports teams, he had to find teams to cheer for away from home. Peyton's favorite teams include the Los Angeles Lakers, Baltimore Ravens, and Boston Red Sox.