bet365 Arizona: Use Bonus Code TOPACTION for $150 Bonus or $2K First Bet in AZ, Indiana, 7 Other States

bet365 Sportsbook continues to expand its footprint in the U.S., as Arizona became the latest state to offer the betting site. Indiana also launched bet365 Sportsbook last week, joining Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio, and Virginia.

All those states are eligible for a welcome bonus with the bet365 bonus code TOPACTION. $150 in bonus bets are up for grabs with a $5 first bet on any market with -500 odds or longer. The bonus bets are guaranteed, meaning your first bet outcome doesn't affect the bonus payout.

The other option is a $2K first bet insurance. You wager up to $2,000 on any event or market and receive the money back in bonus bets if it loses. You won't be eligible for a bonus if your first bet wins.

It won't be long before bet365 expands to another state, with North Carolina launching online sports betting on March 11. The bet365 North Carolina bonus code provides details on the upcoming sign-up offer.

bet365 bonus bets expire within seven days, so you can wait and use them on the Super Bowl or any other event. Our example covers Tuesday night's NBA matchup between the Milwaukee Bucks and Phoenix Suns.

bet365's Terms & Conditions

Here are the important points to know about this offer:

• States available: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, Ohio, and Virginia
• You'll get the bonus bets about one hour after your first bet settles.
• Make your first bet within 30 days of account creation
• If you're inactive for 90 days, your account will be closed.
• You can't bet on both sides of the same game to lock in a profit.

bet365 Bonus Code: Betting on the Bucks-Suns

The Milwaukee Bucks are third in the Eastern Conference, ahead of the Phoenix Suns in the league standings, but it feels like Phoenix is the better team. Milwaukee's coaching change hasn't done much, as they're 1-3 with Doc Rivers. That includes a rough fourth-quarter collapse on Sunday against the Jazz.

Phoenix dealt with injuries to their big three early in the season, but they're healthy and ready to make a championship push. It's a different story for the Bucks, as they aim to find an identity with Rivers. Not to mention, their injury report features their top four scorers.

bet365 Sportsbook has the Suns as a 3.5-point favorite, with a point total of 243.5. The Action Network team has a pair of strong picks for this matchup.

• bet365 Bonus Bet: Under 243.5 + Devin Booker Over 28.5 Points (+264)

Action Network's Joe Dellara has an excellent writeup for the Bucks-Suns under 243.5 points. He talks about the Bucks' injury concerns hurting their offense, and the Suns playing a slower pace.

The Devin Booker play is all about the Bucks' defense against guards. They've struggled all season, and it hasn't changed with a new coach. A same-game parlay is a good way to attack our bet365 bonus bet because it provides value. We always want a plus-money market for our bonus because the stake disappears.

You can customize your bet365 bonus into increments, so let's say we drop a $100 bonus on the Bucks-Suns SGP. If both legs hit, we're looking at $264 in winnings.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, VA, OH only. Place a qualifying bet of up to $2000 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.

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