bet365 Bonus Code ACTION Offers $200 in New Jersey, Colorado, Ohio & Virginia All Weekend

The final spots in the NBA playoff picture are up for grabs Friday between Bulls-Heat and Thunder-Timberwolves. There is $200 in bonus bets to acquire by placing a first bet with bet365 bonus code ACTION on any game or matchup.

There are two requirements to access this offer: you must deposit $10 and make a $1 bet and the bet must be placed on a line with -500 odds or longer (so -450 is OK, -550 is not). You’ll get the $200 value no matter if you win or lose this bet.

Both matchups will be playing for the No. 8 seed in the Eastern and Western Conferences, respectively. While there’s also 5.5 points on the spread for both games, our experts say the underdogs have some sneaky value. Let’s dig into some examples to use on these games to demonstrate how bonus bets at bet365 will operate.

How bet365 Bonus Bets Work

Assuming that you have placed your first bet with ACTION to gain the $200, you’ll have them to use on Friday’s NBA doubleheader.

The optimal strategy to betting with any form of bonus bets is to wager on a plus-money prop.

Our +EV betting guide will explain how you accrue more value over time from doing so. Another reason is because bonus bets won’t work the same as cash, specifically because you won’t keep the stake with a bonus bet.

We put together some scenarios to exemplify why betting on plus money is beneficial over taking juice when it comes to using bonus bets:

One of several methods to finding a longer line is creating a parlay. Here are a pair of expert plays we’ll smack together to do so:

• Jim Turvey sees value on the underrated Bulls in this matchup against the Heat in which they are 5.5-point underdogs:

With a coach like Erik Spoelstra and a star like Jimmy Butler, there’s at least a path to viewing that “luck” as a bit of skill, but the overall point remains that these two teams are closer than some might assume based on seeding.

As such, I see value on the Bulls +5.5. The Heat have an extra day of rest, but neither will be playing a back-to-back, and the Heat have been a very poor home team against the spread this season, with a 15-26-1 record (-29.4% ROI) — the second-worst such record in the NBA this season.

• Alex Kolodziej used data research to also find hot value on the Thunder as underdogs against the Timberwolves:

Utilizing our NBA public betting data for Thunder vs. Timberwolves, OKC is a popular underdog pick — 72% of the tickets are taking the Thunder to cover. However, due to a solid 46% of the money on Minnesota, it set off the NBA playoff model, which has been lights-out.

We’d have +684 odds on a two-leg parlay composed out of both underdog moneylines. Using $100 of the $200 in bonus bets, here’s the outcome:

bet365 Terms & Conditions

Here are the important points to know about this offer:

• States available:Colorado,  New Jersey, Ohio, and Virginia.
• You’ll receive the bonus bets after one hour of your first $1 bet settling.
• You must make your first bet within 30 days. Otherwise, it will be forfeited.
• If you are inactive for 90 days, your bonus bets will be forfeited.
• bet365 doesn’t allow you to bet on both sides to guarantee a victory. For example, you cannot bet $10 on Miami and Texas.