The current bet365 bonus code TOPACTION will unlock one of two offers in most states — either $1,000 first bet safety net, or $150 in bonus bets following a $10 deposit and $5 wager.
You can sign up now with the bet365 bonus code TOPACTION to access these offers in all states where bet365 operates within the U.S.: Arizona, Colorado, Iowa, Illinois, Indiana, Kentucky, Louisiana, North Carolina, New Jersey, Ohio, Pennsylvania, Tennessee, or Virginia. If you're in Canada or somewhere else in the world where bet365 operates, you'll get a different sign-up offer.
You can read more about the math behind which offer you should take, depending on your bankroll and preferences. In PA, still with the same bet365 bonus code TOPACTION, you'll get $150 in bonus bets no matter what, plus casino spins (the $1,000 safety net isn't an option in PA).
bet365 Bonus Code Offers, Explained
We'll walk you through how these promos actually work, so you can take full advantage and not be caught off guard when you're completing the requirements.
$1,000 first bet safety net
This type of promo takes on many different names depending on the sportsbook — first bet safety net, no sweat first bet, first bet insurance. They all work the same. You make a bet (up to $1,000, in the case of this offer) and if it wins, you keep the profit from your bet and your initial. If it loses, you get refunded in bonus bets, and you'll have to turn those bonus bets into cash to recoup your investment.
Say you bet $1,000 on the Timberwolves to beat the Thunder in the Western Conference Finals on Saturday, priced at +110.
- If Minnesota wins, you'd win $1,100 ($1,000 x 1.1) and keep your $1,000 wager. The promo is now over, and you'd have $2,100 in your account that you can withdraw or keep betting.
- If the T'Wolves lose, you'll get $1,000 back in bonus bets, and have seven days to use them.
From there, you have two options — bet at plus-money to maximize the expected value, or use a method called conversion. Either way, you'll want to try to turn those bonus bets into cash to recoup some of your initial investment, or even come out ahead if you hit on a bunch of those bonus bet wagers.
If the Jets lose, say you take $100 in bonus bets and put it on Scottie Scheffler to win Charles Schwab Challenge, priced at +500.
- If he wins, you'll profit $500 in cash, but you don't keep the $100 from the bonus bet. So you'll have $500 cash in your account, and $900 bonus bets left.
- If Scheffler doesn't win, you'll have $0 cash still but $900 in bonus bets remaining.
Of course, you don't have to wager the full $1,000, and the principles still apply if you're depositing and wagering a smaller amount.
Bet $5, get $150
This offer is a little more straightforward and requires less initial investment, though there's less money on the table than if you did maximize the first bet safety net.
There are two parts to this offer — bet $5 on anything -500 or longer (meaning -450 is OK but -650 is not), and you'll get the $150 in bonus bets.
I recommend betting something immediately once you sign up, or else you're going to have to wait on the bonus bets. If you sign up on Saturday, but bet a Sunday game with your first wager, you won't have the bonus bets until later Sunday.
So let's say you sign up Saturday, bet $5 on a soccer match in the morning, and then bet a golf matchup between Nick Taylor at +300 over Rory McIlroy for Round 3 (we always recommend betting at plus-money with bonus bets, since you're maximizing the expected value) with $20 in bonus bets.
- If Taylor wins, you profit $60, but don't keep the bonus bet. So you'll have $60 in cash plus whatever you deposited, and $130 in bonus bets left.
- If Taylor doesn't win, your bonus bet just goes away, and you'll have $130 of those remaining.
bet365 Step-by-Step Signup Process
- Download the bet365 Sportsbook app
- Create a new account — if you've already registered in another state, you won't be eligible for a promotion.
- Select your state
- Enter all your personal info required. If you fake it, or it's not correct, bet365 (or any other sportsbook) won't be able to verify your account.
- Enter bet365 bonus code TOPACTION at checkout
- Make a $10 minimum first deposit with one of the bet365 Sportsbook deposit methods, including debit card, bank account. Debit card tends to have the highest success rate.
- Place your first bet on any betting market at -500 or longer (meaning -400 is OK but -600 won't qualify).
New players only, 21+ (18+ in KY). Gambling Problem? Call or Text 1-800-GAMBLER. Available in AZ, CO, IA, IL, IN, KY, LA, NC, NJ, OH, TN, VA only. Place a qualifying bet of up to $1000 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. Registration required.
New customers only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CO, NJ, IA, IL, KY, IN, LA, NC, VA, PA, TN, OH only. Bet $5 and Get $150 in Bonus Bets at bet365. Registration required. A deposit (minimum $10) is required to participate in this offer. You must claim the offer via the bet365 app, within 30 days of registering your account. Once released, your Bonus Bets will be held in your account balance and are non-withdrawable.T&Cs, time limits and exclusions apply.
New customers only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in PA only. Registration required. A deposit (minimum $10) is required to participate in this offer. Bonus Bets wager excluded from returns. Max. prize, game restrictions, time limits and T&Cs apply.