March Madness is now into the Elite Eight which means the competition is going to get ratcheted up a notch.
If you want to take part in the action, bet365 has the perfect sportsbook promo for you to take advantage of!
By signing up and placing a $5 qualifying bet, you’ll unlock $150 in bonus bets — a great way to get started with one of the most trusted sportsbooks.
To claim the bonus, use the bet365 bonus code 'COVERS' when signing up — unless you’re located in Colorado, Illinois, New Jersey, Pennsylvania, or Tennessee, where you’ll need to use code 'CVSBONUS'.
Bet $5, Get $150, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
How the bet365 bonus code offer works for new users
New customers can unlock a bet $5, get $150 in bonus bets welcome offer by using the appropriate bet365 Bonus Code and placing a qualifying wager. In most states, enter code 'COVERS' during registration. In Colorado, Illinois, New Jersey, Pennsylvania, and Tennessee, use 'CVSBONUS' instead.
To qualify, deposit at least $10 into your new bet365 account and place a $5 wager on any sports market — including today's Elite Eight matchups. Your initial wager must include at least one selection with odds of -500 or longer (e.g., -300 or +150). Once your qualifying bet settles, you’ll receive $150 in bonus bets.
The bonus bets are valid for seven days from issuance. If you choose to cash out your initial wager early, only the remaining stake will count toward unlocking the bonus. Bonus credits can be used on any sport or market, and winnings from bonus bets are withdrawable, though the stake itself is not included. This offer is only available to new users 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 claim a $150 bonus tonight for the Elite Eight
It only takes a few minutes to claim the bet365 bonus code offer and place a bet on today's Elite Eight matchups. Follow these steps to get started:
- Register: Sign up for a new account at bet365 and use bonus code 'COVERS' or 'CVSBONUS' depending on your state.
- Deposit funds: Make a minimum deposit of $10 into your account.
- Place a wager: Bet $5 on any sports market with minimum odds of -500.
- Receive bonus bets: After your qualifying wager settles, receive $150 in bonus bets. Use them within seven days.
- Withdraw winnings: Winnings from bonus bets are eligible for withdrawal after use, minus the bonus stake.
Want to explore more features and details about the platform? Read our full bet365 review.
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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