bet365 Bonus Code ACTION Earns $365 for Thursday March Madness Slate

Looking to double down on your bracket picks? Bettors looking to stock up on value can place a wager on any Thursday March Madness matchup using bet365 bonus code ACTION for $365 in bonus bets.

This bet365 bonus code can be used on any NCAA Tournament game or sporting event taking place Thursday. But it is only available in Virginia, Ohio, Colorado and New Jersey.

Let’s dive into a couple of tournament games to explain the nature of bet credits at bet365.

How to Use bet365 Bonus Code on March Madness

After the bet is settled, bet365 will dispense $365 worth of bet credits into your account. They only require bettors to deposit $10 and bet $1. The wager can go as low as -500.

When it comes to sportsbook opportunities like this one, we want to select something that provides a handsome payout. Since this will return a boatload of value either way, why not go for some risk?

In looking at the evening slate of Thursday’s games, let’s talk Colgate-Texas at 7:25 p.m. ET in the Midwest region. This No. 2 vs. No. 15 seed matchup is obviously seeing a heavy share of picks on the 13-point favored Longhorns.

Our Patrick Strollo advises to take the points on Texas in a game that could see their mighty defense swallow Colgate:

One of the main reasons Texas became one the most efficient defenses in the nation is by forcing turnovers. It’s tied for seventh in the nation in turnover margin, forcing 4.5 more turnovers per game than it commits.

Texas’ strengths continue on the other side of the ball, which features an equally efficient offense that ranks 18th in the nation.

The Longhorns match up extremely well against a Colgate defense that finished sixth in the Patriot League in scoring defense and ranks just 231st in KenPom’s AdjD (107.6 PPG).

My model is projecting Texas as 15.5 points, and I think this bet offers tremendous value at chalk of just 13. Texas is a dangerous team right now, getting hot at the right time. Colgate has a good scoring offense, but its defense is a liability.

Texas is the superior and more complete team. Back the Longhorns to cruise into the Round of 32.

Let’s combine Texas -13 with and the over of 150 for a parlay that comes out to +264.

With $10 placed on this same game parlay, here’s exactly what numbers you could expect:

• Longhorns cover and the game exceeds 150 points: You get a payout of $36.40 plus $365 in bet credits.
• Longhorns don’t cover and/or game is under 150 points: You lose your $10, but get $365 in bet credits.

Bet Credit Advice for Thursday Late Slate

These are your opportunity to take advantage of house money. You can’t withdraw bet credits, so you must use them to make a profit.

In keeping the theme of betting on higher odds, let’s put together another parlay using the late slate of Thursday tournament games.

Beginning with Boise State-Northwestern at 7:35 P.M. ET in the West region, here’s why Cooper Van Tatenhove believes the Broncos can cover a tight 1.5 spread in a No. 7 vs. No. 10 pairing:

The Wildcats rank outside the top 280 nationally in effective field goal percentage, 3-point percentage and 2-point percentage.

This up-and-down offensive play has forced Northwestern to be heavily reliant on its outside shooting in order to find success.

The Wildcats attempted the most 3s in the Big Ten, with 40.2% of their total shot attempts coming from deep. This is not a recipe for success against a Boise State defense allowing teams to shoot just 31% from beyond the arc, the 30th-lowest rate in college basketball.

Overall, I have more faith in the Boise State offense to string together successful offensive possessions in a game that will be highlighted by defensive play.

We’ll slap that together with the notion that No. 10 Penn State can cover three points against No. 7 Texas A&M in the West at 9:55 p.m. ET provided by D.J. James:

Penn State owns the ninth-best 3-point rate in the country at 38.5%. It also shoots 3s 47.4% of the time while only turning the ball over 13.7% on offense.

The Aggies’ defense prospers when it can get out in transition after turning opponents over with its 21% turnover rate. Penn State will not allow that and should move the ball around enough to take advantage of the porous 3-point defense Texas A&M puts forth.

The Aggies rank 221st in the nation in defending catch-and-shoot triples, per ShotQuality. They also rank 134th in the country in Open-3 Rate on defense.

Penn State ranks second in the country in spacing, while the Aggies rank 351st on defense. The quick passing for the Nittany Lions should leave the Aggies in the dust.

Finally, Penn State ranks 16th in Rim-and-3 Rate, per ShotQuality, so it will not allow easy buckets for Texas A&M. Take the Nittany Lions on the spread. They could win the game outright, as they have strengths in the areas the Aggies’ defense does not.

OK, so with these bets inside of a two-leg parlay, we’ve got a price of +266.

With $100 in bet365 bet credits wagered on this, we’d either return $266 in real profits or nothing. Notice that in either result, we don’t keep the $100.

For more late slate Thursday March Madness bets, read our staff’s seven best bets.

Bet365 Terms & Conditions

Here are the important points to know about this offer:

• States available: New Jersey, Colorado, Virginia, Ohio
• 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.