NYPNEWS earns your choice of offer in 9 states all week

bet365 Sportsbook is offering one of two promotions to new users starting this week.

Sign up in 9 US states using bet365 bonus code NYPNEWS and receive a welcome bonus of your choice.

All new users are guaranteed a $150 bonus bet or a $2,000 first bet safety net.

The $150 bonus bet requires a $10 deposit and a $5 bet on a line above -500 (-150 or +110 is fine, but -650 is fine). The $2,000 first bet safety net acts as a first bet insurance and gives the user a bonus of up to $2,000 to refund his bet if the first bet on the platform loses.

bet365 bonus code explanation

Let’s take a look at some examples of both offers this week.

Safety net for your first bet of $2,000.

This offer acts as an “insurance” bet. Sportsbooks call it different things, such as no-wet bet or first bet on the house, but they all function pretty much the same way.

If your first bet is a loss, you will receive a bonus bet equal to the amount you lost up to a maximum of $2,000. So if you deposit $500 and he leaves all his money to the 76ers at +400 against the Cavs on Monday night, here’s what could happen.

• If the Sixers win, you earn a profit of $2,000 ($500 x 4.0) and keep your $500 bet. He now has $2,500 in cash in his account to withdraw and the promotion has ended.
• If the Sixers lose, you get $500 back in your bonus bet.

bet365’s bonus bets are advantageous in that they can be split into desired increments. The expiration date is now his 7 days and it works like most other sportsbooks. All profits will be retained, but the bonus bet itself will not be retained and cannot be withdrawn.

So let’s say the Sixers lose and you have zero cash in your account, but you have $500 in bonus bets. Place a $100 bonus bet to win the Daytona 500 on Ryan Blaney at +900.

• If Brainy wins, you will earn a profit of $900 in cash, but you will not be able to keep your $100 bonus bet. This means you have $900 in cash left to withdraw and $400 in bonus bets.
• If Brainy loses, you just lose your bonus bet and you’re left with $400.

Bet $5 and win $150 in bonus bets

This offer should actually be called “Deposit $10, Wager $5, Win $150” to make sure you meet the minimum deposit requirement.

Nevertheless, it’s very simple. – All you have to do is bet $5 or more on anything over 500 and you’ll get a $150 bonus bet that you can spend on anything. -500 in this case means -400 or -110 are OK, but -550 is OK.

Bonus bets expire in 7 days and can be divided into any increments. That is, he can bet $150 and spend it all at once, or he can bet $1 for $150. And everything in between.

For example, let’s say you bet $5 on the Pacers -9.5 to release your bonus bet on Monday night. And on Tuesday, you place a $20 bonus bet on Oklahoma to beat Baylor at +180.

• If Baylor wins, the bonus bet disappears, leaving you with a $130 bonus bet.
• If Oklahoma wins, you’ll earn a cash profit of $36 ($20 x 1.8), but your $20 bonus bet won’t be kept. This means you have $130 in bonus bets left, plus $36 in cash, plus whatever you deposited.

bet365 registration process

Getting started with bet365 is easy.

1. Download the bet365 app (you can also sign up from your desktop, but the app usually has better location information)
2. Enter all your actual information, including your name, address, and SSN. Make sure it matches the information on your photo ID to maximize your chances of getting verified quickly.
3. Use bet365 bonus code NYPNEWS at checkout.
4. Once you’ve signed up, select your offer from the landing screen
5. If you choose First Bet Insurance, your first bet will be up to $2,000. If you choose Bet/Get, you deposit $10 and bet $5 on something to win $150.

New players only, 21 years of age or older (18 years of age or older in Kentucky). Gambling problem? Call 1-800-GAMBLER. Available only in Arizona, New Jersey, Iowa, Colorado, Kentucky, Indiana, Los Angeles, Virginia, and Ohio. Place a qualifying bet of up to $2000 and if the qualifying bet loses the bonus he will receive a refund of the same amount on the bet. A deposit (minimum $10) is required to participate in this offer. Terms, time limits and exclusions apply.