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bet365 Virginia Bonus Code ACTION Offers $200 Value on Super Bowl

bet365 Virginia Bonus Code ACTION Offers $200 Value on Super Bowl article feature image

bet 365 VA CBB, 02/11/2023

It’s time to pad your bankroll with bet365 bonus code ACTION for $200 in bet credits.

Just punch in bet365 bonus code ACTION at checkout. From there, deposit $10 and bet a $1 or more wager on any Sunday afternoon matchup at bet365. Once that game ends and the bet settles, you’ll receive the $200 in bet credits that can be used on anything — including the Super Bowl.

This offer just went live in Virginia and is also available in Ohio, New Jersey and Colorado.

If you’re not a college basketball fan or have little personal stake in Saturday’s events, this is a wonderful opportunity to stock up value to bet on Sunday.

Here’s an example. Suppose I wanted to plop $100 on Oklahoma to beat Kansas at +112 odds at 1 p.m. ET. I’d get the $112 profit plus $200 in bet credits if the Sooners can edge the Jayhawks. Otherwise, I’d still receive $200 in bet credits with a Sooners loss.

bet365 Bonus Code, Explained

There’s two parts to this opportunity: Making a first bet that will acquire the bet credits and then wagering them for profit.

Acquiring the Value

Even if we’re still seeing the $200 value, it’s wise to make a bet that we’re comfortable with.

It’s tempting to place a bet on a team riding a five-game win streak or fade the team that’s in a slump. Don’t. Teams that are following a win are historically overvalued.

So if the Celtics are on a four-game heater, oddsmakers might have a true opener of Celtics -13.5, but since they know the public will favor them, they’ll open Boston a point to a point-and-a-half more. This gives bettors an overpriced, bad number.

Teams coming off bad loss are always undervalued, too. If the Pistons are reeling from a brutal loss, oddsmakers know people will have biased against them when placing a bet. So instead of a true +13 opening on Detroit, they’ll set it at +13.5 or even +14.

We suggest to buy on bad news and sell on good news.

OK, let’s select a Saturday bet with plus-money value since this wager will return value either way.

Suppose I bet $100 on Clemson to beat UNC at +250 odds when the two Atlantic Coast programs tipoff at 2 p.m . Here’s how this would look when using the ACTION promotion:

Outcome Profit Total $
Clemson Wins $200 $450 ($200 in bet credits)
Clemson Loses $0 $200 (bet credits)

Wagering Bet Credits

This is especially where you want to bet on plus.

We like to use the coin toss analogy: The fair odds of a coin toss are 50/50 or +100. Say you have +120 odds on heads — the EV would be (120-100) * .5. That’s $10 expected winnings on a $100 bet, or 10% EV.

So, 100 of these 10% EV bets would bank $1,000 on those 100 bets.

Let’s take one of Sean Koerner’s Super Bowl bets and place $100 of the bet credits on Miles Sanders to lead the game in rushing yards at+175.

My Super Bowl sim projects Sanders’ fair odds closer to +150 for this market. He offers a ton of upside because his usage has been capped this year due to the Eagles being involved in so many blowouts.

His rush attempt share among Eagles RBs was 79% when Philly trailed or was winning by fewer than seven points. It fell to 61% when the Eagles were up by at least seven. With the Eagles likely to be involved in a close game and this being the Super Bowl (no reason to limit Sanders’ usage), he should finish closer to his ceiling.

Sanders’ main competition on his own team will probably be Jalen Hurts, but he has outrushed Hurts in three straight games as the quarterback has opted to rush less, likely due to his left shoulder injury.

Outcome Profit Total $
Sanders Hits $175 $275 ($100 in bet credits)
Sanders Misses $0 $100 left in bet credits

Bet365 Terms & Conditions

Here are the important points to know about this offer:

  • States available: New Jersey, Colorado, Virginia, Ohio, Ontario
  • You’ll get the bet credits one hour after your first $1 or more bet settles.
  • You have 30 days to place your first bet once you make your account, or the offer will be forfeited.
  • Credits will be forfeited if your account is inactive for 90 days — aka you don’t login.
  • You cannot bet on opposite sides of the same game with credits to guarantee a profit. So, you can’t bet $25 each on both the Vikings and Patriots to win.

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