bet365 Bonus Code 'COVERS': Bet $5, Get $150 Bonus Bets for Knicks vs Cavaliers on Wednesday

Use the bet365 bonus code COVERS to unlock the Bet $5, Get $150 in bonus bets offer. Bet tonight on Knicks vs Cavaliers on ESPN!

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Apr 2, 2025 • 15:27 ET • 3 min read
bet365 Bonus Code for Knicks vs Cavaliers
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The New York Knicks vs Cleveland Cavaliers matchup tonight on ESPN is packed with playoff implications — and it's also your chance to cash in on one of the top sportsbook welcome offers. New users can claim $150 in bonus bets when they wager just $5 with the bet365 bonus code ‘COVERS’ (or 'CVSBONUS' in select states). 🤑

Whether you're backing Cleveland to continue their historic run or rooting for the Knicks to notch a big road win, your first $5 bet could unlock a $150 bonus — no matter the outcome.

Bet365 Logo

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

How the bet365 'Bet $5, Get $150' offer works for Knicks vs Cavaliers 🏀💥

To activate this offer, new users must register and enter the bet365 Bonus Code ‘COVERS’ during sign-up. Bettors in Colorado, Illinois, New Jersey, Pennsylvania, and Tennessee should use ‘CVSBONUS’ instead. Then, deposit at least $10 and place a $5 qualifying wager on any sports market, including tonight’s Knicks vs Cavaliers game on ESPN. 🏀

Once your qualifying bet is placed (at odds of -500 or longer), you'll receive $150 in bonus bets, regardless of whether your bet wins or loses. These bonus credits are issued shortly after your qualifying bet settles and must be used within seven days.
Eligible markets include all major leagues, including the NBA. Partial cash-outs void the bonus eligibility, so be sure to let your Knicks vs Cavs bet ride. This offer is open to new users in approved states like Arizona, Indiana, Kentucky, Louisiana, and more.

This is a one-time offer for new users only, and you must claim it within 30 days of registration to remain eligible.

bet365 odds for Knicks vs Cavaliers


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 claim your $150 bonus bets with our bet365 bonus codes

Want to boost your bet on this marquee Eastern Conference clash? Follow these steps to claim your bonus:

  • Register: Sign up with bet365 Sportsbook. Use the bonus code ‘COVERS’ (or ‘CVSBONUS’ if you’re in CO, IL, NJ, PA, or TN).
  • Deposit Funds: Make a minimum $10 deposit using your preferred payment method.
  • Place a Bet: Wager $5 on any eligible market, like tonight’s Knicks vs Cavaliers game. Just make sure at least one selection is at odds of -500 or greater.
  • Receive Bonus Bets: Get $150 in bet credits, issued shortly after your qualifying wager settles.
  • Use Your Bonus: Bonus credits are valid for seven days and can be used on any sports market. Stake is not returned on winnings.

👉 Read our in-depth bet365 review to explore all features, betting options, and ongoing promotions.


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.

bet365 DraftKings FanDuel BetMGM
Current Bonus Bet $5, Get $150, Win or Lose Bet $5, Get $150, 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 $150 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

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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