Bet365 Sweet 16 Bonus Offer: Bet $5 to Get $150 in Bonus Bets
We are down to 16 teams in the NCAA Tournament, and the excitement is growing. As I write this, the first Sweet 16 game is only a few hours away. Fans across the country are placing their bets, debating Cinderella stories, and gearing up for a couple more weeks of thrilling college basketball.
As things sit on March 28, UConn is currently a +200 favorite to take home the NCAA Tournament title. Houston and Purdue are tied for 2nd place on the favorites list, as both have odds of +600. Arizona (+900), Tennessee (+1100), and North Carolina (+1300) round out the Top 6.
Despite this frenzy, Bet365 is rolling out a bonus offer that's as enticing as a last-second, game-winning buzzer-beater in the Final Four.
Their offer? Bet just $5, and you'll get $150 in bonus bets!
It's a deal that seems too good to ignore, especially for those looking to add a little bit of bonus cash to their Sweet 16 betting.
21+ Gambling Problem? Call 1-800-Gambler.
Understanding the Bonus Offer
The details of Bet365's offer are straightforward. New users who place a $5 bet will receive $150 in bonus bets. This deal is designed to attract new customers, offering them a low-risk entry point into the sports betting industry with a substantial reward on the table.
Bet365 Sportsbook Promo Code: 365BV1
Choose your Offer: Bet$5 Get $150 or Get a First Bet Safety Net up to $1,000
Terms for the Offer: New customers only, 21+ years old. Limited to one bonus per customer. Minimum $10 deposit. Minimum $5 Bet.
Available States: Arizona, Colorado, Indiana, Louisiana, New Jersey, Ohio, Virginia
It's a smart way to dip your toes into the betting pool during the Sweet 16 without diving headfirst into deep waters.
Many online sportsbooks make unique offers around this time of year to encourage new bettors to use their sportsbooks, but the Bet365 bonus offer is seriously one of the best ones we've seen in a while.
On top of all that, the terms are pretty loose as well. You only have to meet a couple requirements then start using your bonus.
Making the Most of Your Bonus Bets
With $150 in bonus bets, the strategy becomes a big deal.
Consider spreading your bets across multiple Sweet 16 games to increase your chances of turning a profit. It's not exactly hedging your bets in a sense, but it's not putting all of your eggs into a single basket.
Diversifying your bets can be a smart approach, allowing you to enjoy more games with a vested interest.
For instance, you might allocate some of your bonus bets to UConn covering the point spread against San Diego State, while reserving a portion for underdogs like Alabama (+4.5) on Thursday night or NC State (+6.5) on Friday evening.
The thrill of rooting for an upset or a Cinderella story is one of the joys of March Madness, after all.
Tailor your Sweet 16 Bets to Your Knowledge
Stick with what you know. That may sound elementary, but it doesn't make it any less effective.
If you're well-versed in a particular conference or team, use that knowledge to your advantage. You might be all for the SEC and know the teams inside and out, but not too familiar with the ACC. In that case, stick to the SEC.
Historical performance, injury reports, and even playing styles can inform your betting choices. Remember, informed bets are always better than shots in the dark, though you'd be amazed at how many people draft a bracket in the dark.
Embrace the Madness of the Sweet 16
March Madness is unpredictable by nature. Every year, stunning upsets and unforeseen outcomes occur, even during the Sweet 16. While betting on a No. 11 seed like NC State to topple a No. 2 like Marquette might seem like a long shot, the rewards can be substantial. These kinds of upsets happen more often than you might think.
Allocating a small portion of your bonus bets to such high-risk, high-reward scenarios can make the Sweet 16 even more exciting. Not just that, if there is an upset like that one, you'll have plenty of extra cash to keep betting throughout the tournament.
The Thrill of the Game
This Bet365 bonus offer is particularly appealing because it enhances the Sweet 16 experience.
Betting on the games adds an extra layer of excitement and personal investment. They offer in-game betting, prop bets, and even live streaming of the games. However, keep in mind that some states don't allow prop bets on NCAA games, and Bet365 will enforce these rules with the geolocation technology in their app.
Whether it's the satisfaction of a well-researched bet paying off or the adrenaline rush of an unexpected win, the bonus bets offer a unique way to engage with the tournament.
Building Community
Believe it or not, sports betting can also be a communal activity. If you've ever ventured around Twitter/X during this time of year, you'll get no shortage of advice from random strangers who are making their bets and dropping their brackets.
Sharing betting tips, celebrating wins, and commiserating over losses with friends or fellow fans can enhance your Sweet 16 experience.
The Bet365 bonus offer provides a perfect opportunity to bring friends into the fold, introducing them to the fun of sports betting. Go ahead and share the promotion with them so they can get in on the action as well!
Learning the Ropes
For newcomers, this bonus offer serves as an excellent introduction to sports betting.
With bonus bets, you can experiment with different types of bets and strategies without risking a significant amount of your own money. That's what makes these welcome bonuses so great.
It's an educational and entertaining learning opportunity. If you happen to burn through the bonus bets, you've already gained a life's worth of sports betting knowledge and understanding, so you're prepared to use your own cash.
However, you don't have to stop at Bet365. You can also (and we highly recommend this) take advantage of bonus offers from other sportsbooks as well such as DraftKings, BetMGM, and FanDuel. Each of these sportsbooks are also offering their own March Madness bonus offers for the Sweet 16.
Don't Miss the Sweet 16 Bet365 Bonus Offer!
Bet365's Sweet 16 bonus offer is a slam dunk for anyone looking to add excitement to their tournament viewing experience.
With a minimal initial bet leading to a massive reward, it's an opportunity that's hard to pass up.
Whether you're a seasoned bettor or new to the scene, this offer is your ticket to a more engaging March Madness.
21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-877-770-7867(CO), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN), 1-877-770-STOP (7867) (LA), Call 1-800-327-5050 (MA), Call 1-800-GAMBLER or visit mdgamblinghelp.org (MD), 1-800-270-7117 for confidential help (MI). Call or text 877-718-5543 or visit morethanagame.nc.gov (NC). Call 877-8-HOPENY or text HOPENY (467369) (NY), 1-888-532-3500 (VA).