BetMGM and bet365 Bonus Codes: Collect up to $2.5K Maximum Value for All Wednesday Games

BetMGM and bet365 are both quality sportsbook options on the market and have generous sign-up offers for new users. As of Wednesday, there are multiple BetMGM and bet365 bonus codes that you can claim when signing up with either sportsbook.

BetMGM has a pair of bonus codes right now, both of which have beneficial offers for users starting out on their platform.

• BetMGM bonus code LABSNEWS1500 unlocks a 20% deposit match, up to $1,500. The user would get 20% of their first deposit in bonus bets from BetMGM. So to claim the full $1,500 from this offer, you must deposit $7,500. With this offer, there is also a 10x rollover requirement. That means a user has to place 10x what they get in bonus bets within the first 30 days of creating their account to be able to withdraw their money. If you were to get $600 from this deal, you would have to place $6,000 in wagers for the withdrawal restriction to lift.
• BetMGM bonus code FLNEWSGET allows new users to bet $10 to get $200 in bonus bets. This is the perfect opportunity for users with a smaller budget to build their bankroll.

bet365 only has one physical code as of right now. However, inputting the bet365 bonus code LABSNEWS when creating an account allows the user to choose one of two offers.

• First Bet Safety Net up to $1,000. This is a common “bet insurance” offer. If the user were to pick this option when signing up, they could make a first bet of up to $1,000, and if they lose, the same amount would be returned to them in bonus bets.
• Bet $5, get $150 in bonus bets. With this choice, the user would be able to claim $150 in bonus bets simply by betting $5 on any sporting event. However, the user’s wager would have to be on bets of -500 or longer.

The BetMGM bonus codes are available in all states where BetMGM is operational, except for New York and Washington DC. Meanwhile, the bet365 bonus code is only available in six states: Colorado, Iowa, Kentucky, New Jersey, Ohio, and Virginia.

How to claim BetMGM bonus code and sign up

1. Head to BetMGM.com or use one of the BetMGM modules in this article.
2. Create your account using all your real info.
3. Input the BetMGM bonus code LABSNEWS1500 at checkout to claim the 20% deposit match, or use the BetMGM bonus code FLNEWSGET to apply the “bet $10 to get $200 in bonus bets” offer.
4. Make your first deposit of at least $10 using an approved payment method such as a debit card or PayPal. If you use the deposit match offer, you will get 20% of whatever you put in here in bonus bets. Remember that you have to wager 10x the amount you receive from BetMGM in bonus bets within 30 days to withdraw your money in the future.
5. Put a minimum wager of $10 on any game. If you used the “bet and get” promotion, you will get $200 once the bet settles. The outcome of the bet does not matter in this scenario.

How to claim bet365 bonus code and sign up

1. Go to bet365.com directly or click the link below.
2. Enter your personal info required for sign-up, including name and date of birth.
3. Use bet365 bonus code LABSNEWS when completing the sign-up process.
4. Add cash to your account using your preferred payment method. The minimum for a deposit transaction is $10.
5. Make your first wager of at least $5 to claim $150 in bonus bets. If you used the safety net offer, there is no minimum wager.

Using bet365 bonus bets to place wagers on the NBA

Though you can obviously use bet365 bonus bets to place wagers on any sport, the main sporting events on Wednesday involve the NBA. A prudent way to use bonus bets is on an underdog, as that can give you more value over time. Here is a same-game parlay with solid odds featuring the Pelicans-Timberwolves game:

• Brandon Ingram to score over 27.5 points and Timberwolves to win against Pelicans (+129). Zion Williamson, CJ McCollum, and Trey Murphy are all out for the Pelicans. That means that Ingram will be the No. 1 option. He has the ability, and will also have the volume to surpass this mark. However, the Timberwolves are still a more talented team overall than the Pelicans given the absence of key players for New Orleans, so it is quite likely that they will end up winning the match overall.

Here is what would happen if you bet $100 in bet365 bonus bets on this same-game parlay:

• If the parlay wins, you get $128.51 in profits credited to your account, but lose the original $100 stake.
• If the parlay loses, you get no cash returned whatsoever.

There could still be some bonus offer options for you if you are already a BetMGM or bet365 customer: check out this ESPN BET promo code ahead of launch.

21+. Gambling problem? Call 1-800-GAMBLER. CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York or Ontario.

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.