bet365 Bonus Code ACTION Banks $200 for Virginia Bettors for Thursday NBA

A groundhog sees his shadow Thursday and new bettors in Virginia see $200 in total value when they bet Thursday’s batch of NBA tipoffs with the bet365 bonus code ACTION.

This offer is also live in Ohio, New Jersey and Colorado.

Suppose I was in the Old Dominion State Thursday and felt the desire to bet the Warriors to win the second part of a back-to-back against the red-hot Nuggets at +500.

I could theoretically place a $1 bet after signing up at bet365, and whether the Warriors overcome this longshot or not, I would get $200 in bet credits after the final buzzer. I could then use the bet credits on just about anything.

We’ll use some Thursday examples to take a more defined look at how bettors can pounce on the value with this offer.

Using bet365 Bonus Code ACTION

The only thing to note is that this bet needs odds less than -500 and you must deposit $10 upon getting started.

Since the bet credits are given regardless of your bet’s outcome, this is a great way for non-basketball bettors to wager on anything. From there, you can use the bet credits on whatever sport you desire.

Let’s jump into the 7:30 p.m. tipoff between the Miami Heat and the New York Knicks. This game has the closest spread of the seven set for Thursday’s slate, so we’ll focus on how to approach it with your first bet at bet365.

Getting the Bet Credits: Heat-Knicks

This matchup is an excellent peek into where the heart of the Eastern Conference is at halfway through the NBA season. The Heat (29-23) rest at sixth while the Knicks (27-25) seventh in the East.

After a triumphant success over the Celtics last Thursday, the Knicks proceeded to drop their following two contests to the Nets and Lakers. The Heat have taken four of their last five, also including a defensively sound win against Boston.

This is the first of four meetings between the two this season. bet365 has the point spread set at two, which offers value on the market if you’re betting the Knicks to cover.

That’s exactly how the Heat find success. They’re ranked No. second in points against at 108.5, but even despite having three players averaging above 20 PPG, they score at almost an identical rate at 108.5, ranked No. 30.

Bam Adebayo has been a nuisance in the paint — hurling around his 6’9” frame to grab ten rebounds a game. In the meantime, he’s been scoring at a healthy 21.4-point rate and shooting 53.9% from the field.

New York is mediocre in the rebounding department: They’ve allowed 44 per game and 32.7. Adebayo finds his bread and butter there swiping away 7.1 defensive rebounds.

His rebound prop is 9.5 at -115 juice, but we want to find a plus line and also take advantage of bet365’s top-of-the-market same game parlay set up.

The Heat have found a rhythm ATS in their last six road games, sewing together a 5-1 run. They’ve also covered in three of their last four encounters with New York.

We’ll add a second leg of the Heat to cover pumping our same game parlay odds up to +257.

A $10 bet on this would acquire a $25.70 profit and a $35.70 payout plus $200 in bet credits. If it doesn’t hit, we have $200 in bet credits.

Using Bet Credits

This is bet365 staking your bet. So you won’t hold onto the bet credits even if you win with them.

Let’s look at another example from Thursday using Monique’s Clippers-Bucks parlay for 10 p.m. ET:

• Jrue Holiday Over 6.5 Assists (+100)
• Paul George Under 2.5 Made 3-Point Shots (+124)

This comes out to +315 odds.

Let’s say we pile $100 of the bet credits on this SGP.

• The SGP hits: We net a $315 payout and the $100 in bet credits is gone.
• The SGP doesn’t hit: We lose the $100 and profit nothing.

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.