If you are looking to bet on the NBA games or any other sport today and are searching for a new sportsbook to sign up for, joining bet365 Sportsbook could be the right move. The sports betting giant is currently offering a fantastic sign-up promotion for new users, with bet365 bonus code LABSNEWS giving two great options in terms of bonuses you can choose from. The code is the same for both options — LABSNEWS.
- $1,000 First Bet Safety Net. This means that you can place a first bet of $1,000 and under, and if you lose the bet, you will get $1,000 from bet365 in bonus bets.
- Bet $5, get $150 in bonus bets. This offer is a typical “bet and get” promo, meaning that if you bet $5 on any game, you will get $150 in bonus bets credited to your account. One thing to note is that the odds on that bet must be -500 or longer. That means that putting a wager on odds of -320 or +180 would activate the offer, but placing one on odds of -520 would not.
The bonus bets will be in your account one hour after the original wager is settled. The bonus bets from this bet365 bonus code cannot be withdrawn and must be used on a wager. If the bonus bets are not used within 90 days, they will expire and cannot be utilized after.
bet365 Sportsbook is active in six U.S. states: Colorado, Iowa, Kentucky, New Jersey, Ohio, and Virginia. This code will work for you as long as you are physically located in one of those states. Permanent residency is not required.
Signing up at bet365
To sign up at bet365, follow these simple steps:
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- Go to bet365.com or use one of the modules in this article.
- Enter all pertinent personal information: First and Last Name, Home Address, Date of Birth, etc. bet365 will also need the last four digits of your SSN. This is used to confirm your identity and ensure that you are eligible to use bet365. You need to be 21 years or older to place bets with bet365. This is true even in states where sports betting is legal at 18 years or older such as Kentucky.
- Use bet365 bonus code LABSNEWS when concluding registration.
- Make a deposit. The minimum deposit with bet365 Sportsbook is $10.
- Place your first wager. The wager must be at least $5 if you are using the “bet and get” offer.
Using bet365 bonus bets on a same-game parlay
One good way to potentially use bonus bets is in a same-game parlay. Let’s use the Milwaukee Bucks game against the Toronto Raptors as an example. A solid two-leg parlay that could work involves betting the under on Giannis Antetokounmpo’s points, currently set at 27.5 (-110), and betting on the Bucks to win (-200). The parlay will then be listed at (+175).
The Raptors have a number of solid defensive forwards such as Scottie Barnes and OG Anunoby on the squad. Their presence could make life tough for Antetokounmpo on the offensive end. Antetokounmpo is also averaging 27.3 points per game right now, and that number could go down as the Bucks integrate superstar Damian Lillard. However, the Bucks are more talented than the Raptors, which suggests they have a good chance of winning.
In this hypothetical, let’s presume that the user got $150 in bonus bets from the bet365 bonus code and is trying to use $100 from that amount on this parlay.
- If the Bucks win and Antetokounmpo scores less than 27.5 points, then you will retain the profits from the parlay, which total $175. However, your original stake of $100 will be lost. The profits can then be withdrawn to your bank, or used to continue placing wagers.
- If the Bucks lose or Antetokounmpo scores more than 27.5 points, then you lose both the original stake and get no cash back.
New players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in NJ, IA, CO, KY, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply.
