bet365 Bonus Code 'COVERS': Bet $5, Get $200, Win or Lose for Mississippi vs Michigan State

Bet $5, Get $150 in bonus bets for Mississippi vs Michigan State with the bet365 bonus code — use 'COVERS' or 'CVSBONUS' depending on your state.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Mar 28, 2025 • 13:24 ET • 3 min read
bet365 Bonus Code for Mississippi vs Michigan State
Photo By - Imagn Images

New users looking to wager on the Sweet 16 showdown between Mississippi and Michigan State can unlock generous sportsbook promos from bet365. By using the bet365 bonus code 'COVERS' (or 'CVSBONUS' in select states), new customers can bet $5 and receive $150 in bonus bets. With one of the simplest and most rewarding promos on the market, this offer is a great way to bet on one of the most compelling games of the NCAA Tournament.

Mississippi has been a surprise tournament standout, torching opponents with their elite three-point shooting (49%) and upsetting Iowa State with a 58.2% overall shooting effort. Michigan State, meanwhile, has found a rhythm under Tom Izzo after key lineup adjustments, powering the Spartans to their best season since 2018-19. Whether you’re betting on Mississippi’s offense or Michigan State’s defensive pedigree, this bet365 bonus can get you started with plenty of betting power.

Bet365 Logo

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

How bet365's 'Bet $5, Get $150' offer works for Mississippi vs Michigan State

The bet365 Bonus Code offer is available to new customers in most legal betting states. To qualify, use code ‘COVERS’ when signing up — or ‘CVSBONUS’ if you're in Colorado, Illinois, New Jersey, Pennsylvania, or Tennessee.

Then make a $10 minimum deposit and place a $5 qualifying bet on any sports market, including Mississippi vs Michigan State.

Your first bet must include at least one selection with odds of -500 or greater (i.e., -400, +100, etc.). Once that qualifying wager settles, you’ll receive $150 in bonus bets, issued as bet credits. These credits must be used within seven days, and the stake is not returned in any winnings earned through bonus wagers.

This offer is only valid for 30 days after registration, so don’t wait too long to claim. Eligible states include AZ, CO, IL, IN, IA, KY, LA, NJ, NC, OH, PA, TN, and VA. Partial cash-outs will reduce the eligible stake toward the offer, and only the remaining active portion will count toward the $150 in credits.

Be sure to use the correct bet365 bonus code at sign-up to activate this promotion and make your Sweet 16 bet count.

Claim another March Madness promo from bet365

bet365 All Users
30% boost for one 3+ leg SGP! Claim Now

bet365 odds for Mississippi vs Michigan State


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 with our exclusive bet365 bonus codes

Here’s how to register and claim the Bet $5, Get $150 offer from bet365 before tip-off between Mississippi and Michigan State:

  1. Register: Sign up at bet365 using the bonus code ‘COVERS’. If you’re in CO, IL, NJ, PA, or TN, use ‘CVSBONUS’ instead.
  2. Deposit Funds: Make a minimum $10 deposit to activate the offer.
  3. Place a Qualifying Bet: Wager $5 or more on any sports market, including Mississippi vs Michigan State. The bet must include odds of -500 or greater.
  4. Receive Bonus Bets: Get $150 in bet credits once your qualifying bet settles. Bonus bets expire in seven days.
  5. Withdraw Winnings: Bonus funds can be used on any market. Winnings are withdrawable after the one-time playthrough, but bonus credits themselves are not.

Get started on bet365 today and enjoy a big bonus while backing your pick in this high-stakes Sweet 16 matchup. For a full breakdown of the sportsbook, read our 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.

bet365 DraftKings FanDuel BetMGM
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

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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