bet365 Bonus Code 'COVERS': Bet $5, Get $150 Bonus Bet on Today's March Madness Slate

Bet on McNeese State vs. Clemson, VCU vs. BYU, Georgia vs. Gonzaga, or Wofford vs. Tennessee with the bet365 bonus code offer. Sign up, bet $5, and get $150 in bonus bets. Use code COVERS (or CVSBONUS in CO, IL, NJ, PA, TN)!

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Mar 20, 2025 • 13:21 ET • 3 min read
bet365 Bonus Code for This Afternoon's March Madness Games
Photo By - Imagn Images

The NCAA Tournament is in full swing, and bet365 Sportsbook is offering new users an exciting way to get started. With the bet365 bonus code, you can bet $5 and get $150 in bonus bets—a great way to boost your bankroll for March Madness games like McNeese State vs. Clemson, VCU vs. BYU, Georgia vs. Gonzaga, and Wofford vs. Tennessee.

To claim the offer, use the bet365 bonus code ‘COVERS’ when signing up. If you’re in Colorado, Illinois, New Jersey, Pennsylvania, or Tennessee, use the bet365 bonus code ‘CVSBONUS’ instead.

Bet365 Logo

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

How the bet365 bonus code works for the NCAA Tournament

New customers at bet365 can take advantage of this generous sign-up bonus with no major restrictions on winning or losing your first bet. Here’s how it works:

  • Register at bet365 and use the bet365 Bonus Code ‘COVERS’ (‘CVSBONUS’ for CO, IL, NJ, PA, TN).
  • Make a minimum deposit of $10 to activate the welcome bonus.
  • Place a $5 wager on any NCAA Tournament game, including McNeese State vs. Clemson, VCU vs. BYU, Georgia vs. Gonzaga, or Wofford vs. Tennessee.
  • Win or lose, you’ll receive $150 in bonus bets credited within 72 hours.
  • Bonus bets must be used within seven days before they expire.

For example, if you bet $5 on Clemson to beat McNeese State and they win, you get your winnings plus $150 in bonus bets. Even if they lose, you’ll still get the $150 bonus to use on future bets.

Get an additional March Madness boost on bet365

bet365 All Users
64% boost for one 3+ leg SGP! Claim Now

bet365 odds for This Afternoon's March Madness Games


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 a $150 bonus for today's March Madness slate

Getting started with bet365 Sportsbook is easy. Follow these simple steps to claim your March Madness betting bonus:

  • Register: Sign up for bet365 and enter the correct bonus code during registration (‘COVERS’ or ‘CVSBONUS’ depending on your state).
  • Deposit Funds: Make a minimum deposit of $10 into your account.
  • Place a Bet: Wager at least $5 on any NCAA Tournament game, such as McNeese State vs. Clemson, VCU vs. BYU, Georgia vs. Gonzaga, or Wofford vs. Tennessee.
  • Receive Bonus Bets: No matter the outcome, $150 in bonus bets will be credited to your account.
  • Use Your Bonus Bets: Use your bet credits to wager on March Madness, NBA, MLB, or any other betting market.

With March Madness heating up, now is the perfect time to take advantage of this bet365 bonus code offer. Sign up today, use the code ‘COVERS’ (or ‘CVSBONUS’ in select states), bet $5, and enjoy $150 in bonus bets!

Read our full bet365 review here.


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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