Claim bet365 Bonus Code 'COVERS' for a $150 Bonus onthe First Round of the Masters 🎯⛳

Unlock $150 in bonus bets for The Masters 2025 with bet365 bonus code 'COVERS' or 'CVSBONUS'. Bet $5 after a $10 deposit to claim.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Apr 10, 2025 • 08:35 ET • 3 min read
bet365 Bonus Code for the First Round of the Masters
Photo By - Imagn Images

It's a brautirful morning at Augusta and the Masters is back for "tradition unlike any other". There's no better time to jump into the action than with this incredible welcome offer from bet365 Sportsbook. New users can get $150 in bonus bets when they sign up with the bet365 bonus code ‘COVERS’ (or ‘CVSBONUS’ in select states), make a $10 deposit, and place a $5 wager. Whether you're backing Scottie Scheffler to go back-to-back or taking a shot on a longshot at Augusta, this promo is your best opening drive. 🏌️‍♂️

The 2025 Masters Tournament, running from April 10-13 at Augusta National Golf Club, will feature 96 of the world’s best golfers battling it out for the Green Jacket. With sportsbook promos like bet365’s offer, you can turn a $5 bet into $150 in bonus bets to play with throughout the tournament and beyond. 💸

Bet365 Logo

Bet $5, Get $150, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)

How the bet365 bonus codes work for new users betting in April 🔍

To activate this offer, new players must register using the bet365 Bonus Code ‘COVERS’. If you’re located in Colorado, Illinois, New Jersey, Pennsylvania, or Tennessee, be sure to use bonus code ‘CVSBONUS’ instead. After signing up, deposit at least $10 and place a $5 qualifying wager on any market — including outright winners, round leader bets, or player props for The Masters 2025.

Your $5 bet must be placed on odds of -500 or greater (e.g., -120, +200, etc.) to qualify. Once the bet settles, you’ll receive $150 in bet credits. These bonus bets can be used on any sports market and must be used within seven days of being credited.

Keep in mind: If you partially cash out your qualifying wager, only the remaining active portion will count toward unlocking the bonus. Also, bet credits don’t include the stake in any winnings.

This bet365 offer is available in: AZ, CO, IL, IN, IA, KY, LA, NJ, NC, OH, PA, TN, and VA. ✅


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 a $150 bonus bets to use for the rest of the Masters 🎟️

Here’s a quick step-by-step to secure $150 in bonus bets ahead of The Masters 2025:

  1. Register: Sign up for a new account at bet365. Use bonus code ‘COVERS’, or ‘CVSBONUS’ if you're in CO, IL, NJ, PA, or TN.
  2. Deposit funds: Make a minimum deposit of $10 into your new account.
  3. Make a wager: Place a $5 qualifying bet with odds of -500 or greater on any market — The Masters is the perfect place to start!
  4. Receive bonus bets: Once your bet settles, receive $150 in bet credits to use on golf or any other sport.
  5. Withdraw winnings: Bet credits aren’t withdrawable, but any winnings from them are yours to keep after a 1x playthrough.

👉 Want the full rundown? Check out our complete bet365 review to learn more. 🧾


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.

bet365 DraftKings FanDuel BetMGM
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

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Peter Clarke - Covers
Senior Editor

Peter Clarke has been in the digital media business for 14 years after obtaining his journalism degree from the University of King's College in Halifax, N.S. He learned his trade during his time at The Chronicle Herald and Saltwire Network, where he spent nearly a decade editing and making digital content.

These days, Peter is all about keeping bettors in the loop about the biggest sports betting events, like the Super Bowl and March Madness. He's also always on top of the latest promo offers from the biggest sportsbooks so he can share the best deals straight with you.

One of his favorite ways to bet is using the Covers' player prop projections. He firmly believes you can find a lot of value in the four and five-star projections every day of the year with just a little attention to the totals and lines. For those of you new to the betting scene, he’s got some solid advice: "Start small. Pick a unit size that feels right for you and grow your bankroll over time."

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