bet365 Bonus Code 'COVERS' Awards $150 Bonus Bets for a $5 Wager on March Madness

Use the bet365 bonus code 'COVERS' to bet $5 on the second round of March Madness and get $150 in bonus bets. Sign up now and claim this exciting offer!

Chris Vasile - Publishing Editor at Covers.com
Chris Vasile • Publishing Editor
Mar 22, 2025 • 15:00 ET • 3 min read
bet365 Bonus Code for March Madness
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The second round of the 2025 March Madness tournament goes today and bet365 wants to get you in on the action!  

If you're looking to wager on these exciting games, new customers can claim a bet365 bonus code offer that awards $150 in bonus bets after placing a $5 wager.

Simply sign up with the bonus code 'COVERS,' place a qualifying bet, and receive bonus bets to use on future games.

Bet365 Logo

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

New users who sign up with bet365 and enter the bet365 bonus code 'COVERS' can claim $150 in bonus bets after making a $5 qualifying wager.

Here’s what you need to know:

  • Use bet365 Bonus Code 'COVERS' when registering. (Users in Colorado, Illinois, New Jersey, Pennsylvania, and Tennessee should use code 'CVSBONUS.')
  • Make a minimum deposit of $10 into your bet365 Sportsbook account.
  • Place a $5 bet on any March Madness market.
  • Win or lose, you will receive $150 in bonus bets once your wager settles.
  • The initial wager must have odds of -500 or longer to qualify.
  • Bonus bets expire seven days after issuance and can be used on any sports market.

Get in the action with bet365 and enjoy the rewards!


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

Follow these simple steps to claim your bet365 bonus code offer for today's March Madness games:

  1. Register – Sign up for bet365 using the bet365 bonus code 'COVERS' (or 'CVSBONUS' in CO, IL, NJ, PA, and TN).
  2. Deposit Funds – Make a minimum deposit of $10 to qualify for the welcome bonus.
  3. Place a Wager – Bet $5 or more on any March Madness market with odds of -500 or longer.
  4. Receive Bonus Bets – Once your bet settles, bet365 will credit you with $150 in bonus bets.

Sign up today and use the bet365 bonus code to secure this offer for tonight’s game. Read our full bet365 review to learn more.


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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Chris Vasile Covers.com
Publishing Editor

Chris Vasile has been in the betting industry for well over a decade honing his craft as a writer, editor and handicapper. A journalism graduate from Conestoga College in Kitchener, Ontario, Chris has contributed betting and non-betting content for online publications such as ProSportsDaily and The Hockey Writers, in addition to Covers. With a keen interest in soccer, Chris has been featured on Covers' 'Before You Bet' and runs his own YouTube channel — Game Day Wagers.

When it comes to daily sports betting, his sportsbook of choice is bet365 for the plethora of markets and great UX. Chris' top sports betting advice is to stick to what you know. Being a jack of all trades and master of none is a quick way to bust the bankroll. Find one or two sports you can devote your time to and trust the process.

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