bet365 Bonus Code TOPACTION: Score $2,000 Insurance Bet or $150 Bonus in Indiana, 7 Other States for Any Event

bet365 Sportsbook recently went live in Indiana, making it the eighth state to offer the online betting site. You can sign up for a bet365 account and claim a welcome bonus from Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, Ohio, and Virginia.

The bet365 bonus code TOPACTION allows you to choose between two welcome bonuses. You can receive bonus bets from both offers, which expire within seven days. That's important to note if you want to bet on Super Bowl LVIII on February 11.

A $2,000 first bet safety net allows you to earn your first bet back in bonus bets if it loses. You won't have access to a bonus if your first bet wins, but you'll keep the profit and stake.

If you prefer guaranteed bonus bets, check out the bet $5, get $150 welcome offer. It only takes a $5 wager on any market with -500 odds or longer to score $150 in bonus bets. You can customize the bonus bets for both offers and spread them across multiple wagers.

The bet365 bonus code is eligible for any sporting event or betting market. We'll provide an example for Wednesday night's sports slate, but you can wait and bet on the Super Bowl.

How to Use the bet365 Bonus Code

Wednesday night's NBA slate features a pair of superstars returning to their former home. Kevin Durant returns to Brooklyn for the first time since last year's trade, while Damian Lillard plays his first game in Portland after the offseason trade.

The Suns and Bucks should be comfortable favorites, despite playing on the road. Phoenix is in a solid playoff spot, while the Nets are clinging to a spot in the play-in tournament. There's a massive difference between the Bucks and Trail Blazers, with Milwaukee being way ahead in the standings.

You can use tonight's NBA slate as your first bet, then save the bonus bets for the Super Bowl. My example revolves around having bonus bets for the Bucks-Trail Blazers. In that case, we want to target the big underdog.

• bet365 Bonus Bet: Trail Blazers ML (+390)

Portland's 14-33 record isn't impressing anyone, but they've played better lately. They're 4-4 in their last eight games, including a blowout victory over the 76ers on Monday. Philly was without their top two players, but Portland was still a 5.5-point underdog.

Overall, you want to target a longshot in the +300 to +700 range for a bonus bet. The +EV betting guide explains how that odds range maximizes your bonus. You don't keep the stake with a bonus bet, regardless of the outcome of your bet.

Remember, you aren't required to use your entire bonus on one bet. Let's say you use a $100 bonus bet on the Trail Blazers ML. Here are the potential outcomes.

• Trail Blazers Win: You have a $390 profit, but don't keep the $100 bonus.
• Trail Blazers Lose: You lose the $100 bonus and have no winnings.

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 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.