bet365 Bonus Code TOPACTION: Choose Between $150 Bonus or $2K Safety Net for Super Bowl, All Events

bet365 Sportsbook is offering a choice of two ways to bank bonus value on Super Bowl 58 with the bet365 bonus code TOPACTION: a bet $5 to earn $150 in bonus bets or a $2K first bet safety net.

You can only sign up with one of these bonus offers if you're betting from Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, Ohio or Virginia.

When books have more than one live offer, there is usually a different code for each. In this case, they both take bet365 bonus code TOPACTION, so you will select which one you're using on a landing page amidst the sign-up process.

While these offers can be used for the Super Bowl, they are available to use on any event listed at bet365 throughout the week.

Make sure that if you go with the bet $5/get $150 in bonus bets offer, you place your first bet on -500 odds or longer (-250, +100, +300, etc). So a $10 bet on Warriors -5 against the 76ers would return the $150 with the $19.09 payout if they cover. Otherwise, it's still accessing the $150 of bonus value.

Then there's the $2K first bet on the house, which will match your wager in bonus bets if you lose. In the case your first bet wins, you would have your normal payout. So it's best to wager as much as you can afford to on an offer like this because it is maximizing value on both sides of your bet.

Let's say I placed $1K on Hornets +240 against the Raptors. I would see a $3,400 payout if Charlotte wins the game or $1K in bonus bets if they lose.

What Are Bonus Bets at bet365?

Note that bonus bets now expire within seven days at bet365, so if you're signing up and placing your promo bet this week, you will have them available for the Super Bowl.

Bonus betting should be approached differently than betting with your own money. Always look for expected value by placing your bonus value on a longshot.

For instance, suppose you liked Christian McCaffery to score 2+ touchdowns at +240 odds.

McCaffery has scored in all six career playoff games he's played in and has tallied a pair of scores in the previous two. Furthermore, he's the most efficient running back in the red zone, which Kyle Shanahan should use accordingly within the Chiefs' 20-yard line on Sunday.

If CMC scores twice, your $100 bonus bet would convert to $240 in real earnings. The difference is you won't keep the $100 stake.

bet365's Terms & Conditions

Here are the important points to know about this offer:

• States available: 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.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in 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.