The 2025 NCAA Tournament bracket is set, and the road to the Final Four is officially underway! With the best teams in the nation competing for college basketball’s top prize, now is the perfect time to place your bets. To make March Madness even more exciting, bet365 Sportsbook is offering new users in Illinois and Tennessee a "Bet $5, Get $150" welcome bonus. Use the bet365 Illinois bonus code "CVSBONUS" when signing up to claim this offer.
With bet365 now live in Tennessee, bettors in the Volunteer State can take advantage of this incredible promo just in time for the tournament. Simply deposit, place a $5 bet, and receive $150 in bonus bets, win or lose!
Bet $5, Get $150, Win or Lose
Code: CVSBONUS (CO, IL,NJ, PA & TN only)
How bet365's 'Bet $5, Get $150' offer works for the NCAA Tournament
The bet365 Sportsbook sign-up promotion provides Illinois and Tennessee bettors with a generous bonus to use throughout March Madness. Here’s how it works:
- Use the bet365 Bonus Code "CVSBONUS" during sign-up in Illinois or Tennessee.
- Make a minimum deposit of $10 into your new bet365 Sportsbook account.
- Place a $5 wager on any NCAA Tournament game.
- Once your bet settles, bet365 will credit $150 in bonus bets to your account.
- Bonus bets must be used within seven days of being issued.
- To qualify, your bet must contain at least one selection at odds of -500 or greater.
- Winnings from bonus bets are withdrawable, but the bonus stake itself is not included in the payout.
With bet365 launching in Tennessee on March 16, college basketball fans in the state now have access to one of the top sportsbooks in the industry. Whether you're betting on Illinois' tournament run, backing a top-seeded favorite, or looking for the next Cinderella story, this offer gives you extra bonus bets to enjoy the action.
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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 use the bet365 Illinois bonus code to claim $150 bonus bets
Getting started with bet365 Sportsbook in Illinois or Tennessee is simple. Follow these steps to claim your Bet $5, Get $150 welcome offer:
- Register – Click here to sign up for bet365 Sportsbook and enter the bet365 Bonus Code "CVSBONUS" when prompted.
- Deposit Funds – Make a minimum deposit of $10 to activate the offer.
- Place a Bet – Wager at least $5 on any NCAA Tournament game with odds of -500 or greater.
- Receive Bonus Bets – Once your bet settles, $150 in bonus bets will be credited to your account.
- Use Bonus Bets – Your bonus bets expire in seven days, so use them on more March Madness action before time runs out.
With bet365 now live in Tennessee, bettors in the state can take advantage of this March Madness-exclusive bonus for the first time. Want to learn more? Check out our full bet365 review for additional details.
Sportsbook promos comparison
Choosing the right sportsbook promo 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 $200, Win or Lose | Bet $5, Get $200, 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 | $200 Bonus Bets | $200 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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