Illinois bet365 Bonus Code 'CVSBONUS': Bet $5, Get $150 for Tonight's NCAA First Four Action

Bet on St. Francis vs. Alabama State or North Carolina vs. San Diego State with bet365’s Bet $5, Get $150 welcome offer. Use bet365 bonus code CVSBONUS in Illinois.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Mar 18, 2025 • 15:21 ET • 3 min read
bet365 Illinois Bonus Code for Tuesday's First Four Games
Photo By - Imagn Images

March Madness kicks off with the First Four, featuring matchups like St. Francis vs. Alabama State and North Carolina vs. San Diego State. For Illinois sports bettors, bet365’s Bet $5, Get $150 welcome offer provides an excellent way to get started. By signing up with bet365 bonus code CVSBONUS, new users can claim $150 in bonus bets after placing a $5 qualifying wager—win or lose.

Additionally, bet365 has expanded its reach just in time for the NCAA Tournament, launching in Illinois and Tennessee on Sunday, March 16. This makes it one of the newest sportsbooks available for March Madness betting in multiple states.

Bet365 Logo

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

How the bet365 welcome offer works in Illinois

New users in Illinois can take advantage of bet365’s Bet $5, Get $150 welcome offer by following these steps:

  • Sign up using bet365 Bonus Code CVSBONUS to activate the promotion.
  • Make a minimum deposit of $10 into your new account.
  • Place a $5 qualifying wager on any market, including St. Francis vs. Alabama State or North Carolina vs. San Diego State.
  • Whether your bet wins or loses, you will receive $150 in bonus bets within 24 hours.
  • Bonus bets expire seven days after issuance and must be used before they are withdrawn.
  • The qualifying bet must have minimum odds of -500 or greater to be eligible for the promotion.

With bet365 now live in Illinois and Tennessee, bettors in multiple states can take advantage of this NCAA Tournament promotion.

bet365 odds for Tuesday's First Four 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 $150 bonus bets tonight with our bet365 bonus code

  1. Register: Sign up at bet365 and enter bonus code CVSBONUS when prompted.
  2. Deposit Funds: Make a minimum deposit of $10 to unlock the offer.
  3. Place a Bet: Wager at least $5 on St. Francis vs. Alabama State, North Carolina vs. San Diego State, or another market with odds of -500 or longer.
  4. Receive Bonus Bets: Win or lose, you’ll get $150 in bonus bets credited to your account within 24 hours.
  5. Use Bonus Bets: Place additional bets before they expire in seven days.

Sign up today using bet365 bonus code CVSBONUS and start betting on March Madness! For more details, check out 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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