bet365 Bonus Code TOPACTION Gets $150 or $2K Insurance Bet in 8 States for Any Sport, Including Super Bowl & NBA

You can attack the betting board with a choice between two bonus offers at bet365 Sportsbook.

There is a choice between a guaranteed $15o in bonus bets with a $5 first bet, or a safety net of $2K. Both offers take the bet365 bonus code TOPACTION, so you will select which one you are interested in on a landing page after entering all your info.

Any event listed at bet365 is open for betting with these offers.

bet365 is only live in Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio, Virginia and Indiana, as of Tuesday.

Confused? We'll break down both offers along with bonus bets for Tuesday

How to Use the bet365 Bonus Code

The $150 offer is guaranteed, so whether your first bet succeeds or not, you will get the bonus value; just as long as the wager is $5 or more.

A $10 bet on Bulls -1.5 against the Raptors would return a $19.09 payout plus $150 of bonus bets. If the Raptors cover, it just returns the $150.

You must make sure you use this offer on a pick of -500 odds or longer. Also, bet365 recently changed their bonus bets expiration from 90 to seven days, so remember to utilize them pronto.

If you decide to shoot for the $2K bet insurance, you will get back whatever you wager only if it loses. If it wins, you have your payout.

This is the highest valued offer in all of the nation with online betting sites & sportsbooks.

So, with $1K on that same Bulls bet, you would net a total payout of $1,909.09 if Chicago covers the spread, but $1K in bonus bets if not.

Always refer to our +EV betting guide when it comes to strategies that present an edge over the sportsbook with arithmetics. Long story short, you should go for plus money — especially with bonus bets.

The Raptors-Bulls matchup is too close to pick a side that offers this kind of return value. Let's say we take the Jazz as +160 underdogs against the Knicks: We would have a $160 total payout in actual cash with $100 in bonus bets placed if Utah wins.

bet365 allows you to split up bonus bets in any increment, so you're not forced to wager large chunks of whatever you initially earn from the bonus offer.

bet365's Terms & Conditions

Here are the important points to know about this offer:

• States available: Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio, Virginia and Indiana
• 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, LA, VA, OH only. Place a qualifying bet of up to $2,000 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.