Ready to turn playoff drama into bonus action? New customers can score $150 in bonus bets from bet365 after placing a $5 wager — and you’ll need a bet365 bonus code to claim it. Whether you're tracking LeBron and Luka's playoff journey or watching Ovechkin chase one last Cup, bet365 is offering an easy path into the postseason betting scene.
To activate bet365's sportsbook promos, you’ll need to use the bet365 bonus code ‘COVERS’ during registration in most states. If you’re in Colorado, Illinois, New Jersey, Pennsylvania, or Tennessee, use the code ‘CVSBONUS’ instead.
Bet $5, Get $150, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
🧾 How the bet $5, get $150 offer works by using our bet365 bonus codes
This bet365 welcome offer is as simple as it is rewarding: Bet $5, Get $150 in bonus bets, available to new users who make a qualifying deposit and place their first wager. The offer is valid for NBA and NHL playoff bets, so whether you're backing the Knicks or the Oilers, you’re covered.
Bonus Code Details & Activation
To claim this promotion, you’ll need to register using the correct bet365 Bonus Code:
- COVERS in most states
- CVSBONUS in CO, IL, NJ, PA, and TN
Once you deposit a minimum of $10, place a $5 bet on any playoff game. That bet must include odds of -500 or longer (e.g., -200, +150) to qualify.
Bonus Terms & Conditions
Your bet must settle within 7 days of placing it, and you'll receive $150 in bet credits once it does. These credits are valid for 7 days and can be used on any sports market, but note that winnings from bonus bets do not include the original stake. If you partially cash out a bet, only the remaining active portion qualifies for the promo.
This is a fast-track offer to playoff betting value — just be sure to enter the correct bonus code and meet the odds requirement.
Offer ONLY available to first-time customers in the following states: AZ, CO, IN, IA, KY, LA, NC, NJ, OH, PA, VA. Not available to residents of Ontario, CA or other Canadian provinces.
📝 How to get $150 bonus bets to use on the NBA and NHL playoffs
Ready to cash in on bet365’s postseason offer? Here’s how to start betting in minutes:
- Register: Sign up on the bet365 website or app and enter the appropriate bet365 Bonus Code — ‘COVERS’ (most states) or ‘CVSBONUS’ (CO, IL, NJ, PA, TN).
- Deposit Funds: Make a minimum deposit of $10 to qualify.
- Place a Bet: Wager $5 or more on an NBA or NHL playoff game. The bet must include odds of -500 or longer.
- Receive Your Bonus: Once the bet settles, you’ll get $150 in bet credits, valid for 7 days.
- Withdraw Winnings: Use your credits on other bets. Any winnings are yours to withdraw — but the credit amount itself isn’t included.
👉 Click here to read our full bet365 Sportsbook review and learn more about what makes this operator a top choice.
Sportsbook promos comparison
Choosing the right sportsbook promos for you is easy with Covers. We compare all the best offers for legal sports betting sites in your area.
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|---|---|---|---|---|
| Current Bonus | Bet $5, Get $150, Win or Lose | Bet $5, Get $150, Win or Lose | Bet $5, Get $250, If Your Bet Wins | $1,500 Bonus Bets Back |
| Promo Code | COVERS | None Required | None Required | CVRBONUS1500 |
| Bonus Type | Bet & Get | Bet & Get | Bet & Get | Second Chance Bet |
| Bonus Amount | $150 Bonus Bets | $150 Bonus Bets | $250 Bonus Bets | One (< $50) or five (> $50) bonus bets |
| Wagering Period | Seven Days | Seven Days | Fourteen Days | Seven Days |
| Min. Deposit | $10 | $5 | $5 | $10 |
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