bet365 Sportsbook is known as one of the premier sportsbooks in the market, and their two sign-up offers are definitely worth notice for bettors.
The bet365 bonus code LABSNEWS gives new users the choice starting with a “bet insurance” offer. It allows new users to place a first bet of up to $1,000 and get the same amount in bonus bets if the wager loses. So if they were to place a $500 bet and lose, they would get $500 back in bonus bets from bet365.
The second promotion allows the user to bet $5 on any game to get $150 back in bonus bets.
The key condition for this offer is that the first bet must be placed on -500 or longer. So a bet on -250 or +100 would work, but wagering on odds of -600 would not trigger the offer. The user gets the $150 whether they win or lose. As long as you bet the $5 on qualifying odds the bonus bets will be credited to the account.
bet365 bonus code LABSNEWS is available in the six states where bet365 operates. Those states are Colorado, Iowa, Kentucky, New Jersey, Ohio, and Virginia. The bonus code is the same for both offers.
Betting on the Nuggets-Pelicans game with bet365 bonus bets
bet365 bonus bets are a great way to place bets, but it is crucial to keep a few things in mind before starting to utilize them.
When using the bonus bets on a wager, the original stake is not returned to you as cash. If you were to place a bet of $100 using solely bonus bets, you would get all the profits from the wager if you win, but the $100 in bonus bets goes away. Also, bet365 bonus bets can be split up into increments.
So if you got the $150 in bonus bets from the “bet and get offer”, you could make 150 bets of $1, or 3 bets of $50, etc.
Let’s assume that you picked up the $150 in bonus bets from bet365 bonus code LABSNEWS, and are now trying to use $100 of those bonus bets to place a wager.
The Nuggets-Pelicans game this evening might be a good opportunity to do so. The Pelicans are listed at +205 to win. Though they are underdogs in the matchup, Jamal Murray being out with a right hamstring strain plays in their favor. Here is what would happen if you placed $100 on the Pelicans using bonus bets:
- If the Pelicans win, you get $205 in cash returned to your account. However, the original $100 bonus bet stake goes away.
- If the Nuggets win, you get no cash back, and the $100 bonus bet is also lost.
How to claim bet365 bonus code LABSNEWS and sign up
Signing up for bet365 is relatively easy:
- Head to bet365.com or use one of the modules in this article.
- Sign up for bet365 Sportsbook using all your real info.
- Use bet365 bonus code LABSNEWS at checkout to activate the offer of your choice.
- Make a deposit of $10 or more.
- Place your first wager. The wager needs to be at least $5 to trigger the “bet and get” offer. However, the safety net offer has no minimum.
New players only, 21+ (18+ in KY). 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.
