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While many sports fans are awaiting the two high profile college basketball games set for tonight, new bettors can use bet365's promo code with any of the major events going on this weekend. Let's explore how bet365's sign-up promo compares to the rest of the industry along with highlighting the biggest sports games this week.

Bet $5 & Get $150 in Bonus Bets Win or Lose
Code: CBSBET365

How to get the bet365 promo code

Are you intrigued by bet365's welcome bonus? Here are the directions below to earn $150 in bonus bets in your bet365 account.

  1. Click "Claim Bonus" on this page, which then takes you to bet365
  2. Enter the requested information and enter the promo code CBSBET365 when you sign up
  3. Make a first deposit of at least $10
  4. After claiming the offer within 30 days of registration, place a first wager of $5 or more

Regardless of how the first bet does (win or loss), new users will be awarded $150 in bonus bets in their account. The bonus bets can be divided however the user chooses (like three $50 bets or 10 $15 bets). All $150 in bonus bets must be used within seven days or the remaining amount will expire. When wagering with bonus bets, your total payout will only include your winnings and does not include the initial stake funded by bonus bets.

New users must be 21+ to sign up for bet365, except for Kentucky (18+).

bet365 promo comparison

Curious about how bet365's sign-up offer stacks up to other sportsbooks? You can see here with the table below:

Brand

Promo

CBS promo code

bet365

Bet $5, get $150 in bonus bets win or lose

CBSBET365

FanDuel

Bet $5, get $200 in bonus bets if your bet wins

None required

Fanatics

Bet $30, Get $300 in Bonus Bets (select states) 

None required

DraftKings

Bet $5, get $150 in bonus bets instantly

None required

Caesars

Bet $1, double your winnings your next 10 bets

CBSDYW

BetMGM

Up to $1,500 in bonus bets if your first bet loses

CBSSPORTS

Like bet365, there are a few other sportsbooks that welcome new users with a "bet and get" promo. DraftKings has the same exact bet $5, get $150 in bonus bets whether your first bet wins or loses as bet365, though DraftKings gives bettors six tokens worth $25 each. Meanwhile at bet365, you can use the $150 in bonus bets in whatever fashion compared to being forced to place $25 bonus bet wagers at DraftKings. 

FanDuel is offering a little more with $200 in bonus bets after an initial bet of at least $5, but new users only get that reward if they win their first bet. Fanatics unveiled a new bet and get offer in 16 of states, potentially rewarding new bettors up to a total of $300 in bonus bets ($100 in bonus bets for each of the first three days) after putting down a $10 bet in each of their first three days.

The other two sportsbook offers are where new users have to make a bigger initial investment in order to fully take advantage of the sign-up promo. So while you could start off by winning more, you could also end up losing more too. BetMGM gives up to $1,500 in bonus bets as a first-bet insurance, matching your initial stake up to $1,500. Over at Caesars, new bettors receive 10 100% profit boost tokens after a first bet of at least $1. Since the max wager for each of those 10 bets is $25, you could end up betting as much as $250 at Caesars.

For first-time bettors who want to get a good feel for what sports betting is all about, bet365's promo is a solid way to start. You don't have to worry about your first bet winning or losing, and you can learn to manage a bankroll with your $150 in bonus bets since you can spend them however you want. Additionally, with only an initial investment of $5, you don't have to worry about potentially starting out in a big hole. 

What to bet this weekend in sports

The NHL and NBA seasons are winding down, while MLB's is just beginning. The biggest NHL storyline is Alex Ovechkin's chase for Wayne Gretzky's career goals record. Ovechkin is on an absolute tear recently, scoring eight goals over his last four games, and offiially tying Gretzky's record on Friday night against the Chicago Blackhawks. The Eastern Conference-leading Washington Capitals face the New York Islanders on Sunday, a chance for Ovechkin to pull away from Gretzky and stand alone in the record books.

NBA fans can look forward to some great action this Sunday, with two exciting Wester Conference matchups between teams trying to fight for their playoff seeding. The Los Angeles Lakers head to Oklahoma City to take on the Thunder, and while the Thunder have already locked up the top spot in the conference, the Lakers are trying to hold on to the three seed, only a half game up on the Denver Nuggets. On Sunday night, the Golden State Warriors are at home against the Houston Rockets. The Rockets have a comfortable lead on the second seed in the conference, but the Warriors, who have only lost two games with both Stephen Curry and Jimmy Butler on the court, could potentially move from the fifth seed to the third.

For those looking forward to the F1 Japanese Grand Prix this weekend, bet365 is offering additional bet boosts for the event. See bet365 for more details.

Responsible Gaming

It's crucial for all sports bettors to wager responsibly, whether it's not betting above your means or not chasing any losses. To help bettors with responsible gaming, bet365 has tools such as stake limits and deposit limits.

Other responsible gaming resources on a national level are The National Council on Problem Gaming, Gamblers Anonymous and calling 1-800-GAMBLER.