March Madness is heating up, and the bet365 bonus code offer is an excellent way for new users to get in on the Sweet 16 action — specifically, the highly anticipated Maryland vs Florida matchup. With this limited-time promotion, new customers can Bet $5, Get $150 in bonus bets, as long as they use the appropriate bonus code when registering.
Maryland enters the West Region semifinal led by freshman sensation Derik Queen, a projected NBA lottery pick and the heart of the Terrapins’ tournament run. On the other side, Florida is riding momentum from a stunning win over defending champs UConn and is led by standout scorer Walter Clayton Jr. Whether you’re backing the Gators’ depth or Maryland’s rising star power, bet365’s offer gives your first wager a significant boost.
Bet $5, Get $150, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
How to use the bet365 bonus code for Sweet 16 games
The bet365 Bonus Code welcome offer is straightforward — but you must use the correct code based on your state. Most users will need to enter 'COVERS', while those in Colorado, Illinois, New Jersey, Pennsylvania, and Tennessee should use 'CVSBONUS' during sign-up.
To qualify, register a new account, make a minimum $10 deposit, and place a $5 real money wager on any market — such as Florida’s moneyline, Maryland to cover, or a player prop on Derik Queen’s scoring total. Your qualifying wager must include at least one selection with odds of -500 or greater, and it must be placed within 30 days of account creation.
Once your bet settles, $150 in bet credits will be awarded to your account, which must be used within seven days. Bonus credits can be used on any sports market but are not returned as part of your winnings. Winnings from these credits can be withdrawn after meeting standard terms.
This offer is valid for new users in AZ, CO, IL, IN, IA, KY, LA, NJ, NC, OH, PA, TN, and VA. Users must be of legal betting age and physically located in a qualifying state to participate.
bet365 has more sportsbooks for March Madness
All Users
30% boost for one 3+ leg Sweet 16 SGP! Claim Now
bet365 odds for Maryland vs Florida in the Sweet 16
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 by betting on Maryland vs Florida tonight
Here’s how to take advantage of the bet365 bonus code and gear up for Thursday’s Sweet 16 clash between Maryland and Florida:
- Register: Create a new bet365 account on the website or app. Use bonus code 'COVERS' during sign-up — or 'CVSBONUS' if you're located in Colorado, Illinois, New Jersey, Pennsylvania, or Tennessee.
- Deposit: Fund your account with a minimum $10 deposit using any accepted payment method.
- Place a Bet: Wager $5 or more on any eligible market for Maryland vs Florida, ensuring at least one leg has odds of -500 or longer.
- Get Bonus Bets: After your bet settles, receive $150 in bonus bet credits, valid for seven days.
- Withdraw Winnings: You can cash out any profits earned from bonus bets once they’ve been used and standard requirements are met.
Looking for more insight into the platform? Read our bet365 review for a full breakdown of features, promotions, and betting markets.
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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