bet365 Bonus Code 'COVERS' Gets You $150 Bonus Bets For Saturday's March Madness Action

Use bet365 bonus code ‘COVERS’ or ‘CVSBONUS’ to get $150 in bonus bets for Saturday's second-round March Madness action, including BYU vs. Wisconsin and UCLA vs. Tennessee.

Chris Gregory - Publishing Editor at Covers.com
Chris Gregory • Publishing Editor
Mar 22, 2025 • 12:00 ET • 3 min read
bet365 Bonus Code for Saturday's March Madness Action
Photo By - Imagn Images.

Saturday marks the start of March Madness Round 2 action, and bet365 wants to help you get in on the fun with some special sportsbook promos. New users can use bet365 bonus code 'COVERS' and get $150 in bonus bets when they sign up today.

Whether it's BYU vs. Wisconsin or UCLA vs. Tennessee, there's no better time to take advantage of this offer.

Bet365 Logo

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

Get your bet365 bonus bets now!

This bet365 welcome bonus gives new users the chance to earn $150 in bonus bets after placing a $5 qualifying wager — be sure to use bet365 bonus code 'COVERS' during sign-up. If you're located in Colorado, Illinois, New Jersey, Pennsylvania, or Tennessee, you’ll need to use bonus code 'CVSBONUS' instead.

All you need to do is make a minimum deposit of $10 and place a $5 wager on any second-round March Madness game. Once your bet settles, $150 in bonus bets will be added to your bet365 account.

This offer is only available to new customers who register in legal bet365 states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, and Virginia. The bonus bets expired seven days after receipt, and the stake is not returned with any winnings earned from bonus wagers.

Boost your favorite March Madness bet!

bet365 All Users
Get a 32% boost for one March Madness SGP! Claim Now


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 your $150 in bet365 bonus bets

If you're ready to jump into Saturday’s March Madness slate, here's everything you need to know: 

  1. Register: Visit bet365 and create a new account. Enter the bet365 Bonus Code 'COVERS' during sign-up. If you're in CO, IL, NJ, PA, or TN, use 'CVSBONUS' instead.
  2. Deposit funds: Make a minimum qualifying deposit of $10 to activate the welcome offer.
  3. Make a bet: Place a $5 real money wager on any sports market with odds of -500 or longer. You can target Saturday’s games like BYU vs. Wisconsin or UCLA vs. Tennessee.
  4. Get bonus bets: Once your qualifying bet settles, receive $150 in bonus bets, valid for 7 days.
  5. Withdraw winnings: Any winnings from bonus bets are withdrawable — but the bonus amount itself is not returned.

Want more insight into what makes this bookie a favorite among new bettors? Check out our in-depth 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.

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

Pages related to this topic

Chris Gregory Covers.com
Publishing Editor

In his three years on the Covers editorial team, Chris Gregory has helped bolster the site’s PGA Tour and college football coverage, though his love for Rory McIlroy and the Buckeyes is often met with disappointment. He brings a journalism and marketing background to his work as a Publishing Editor and has appeared on Jason Logan’s Sharp 600 to talk about the Masters and golf’s other majors.

His best betting advice? Stay away from betting your favorite teams; it’ll only make the hurt worse.

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo