bet365 Bonus Code - Bet $5, Get $200 in Bonus Bets Win or Lose - February 2026

What Is the bet365 Bonus Code Offer?

In most states, using the bet365 sportsbook promo code WSN365 new players can pick their preferred welcome offer. Choosing the safety net option means that if your first bet ends in a loss, you can get up to $1,000 back in bonus bets. The alternative offer is activated by betting $5 and, once it settles, whether it's a win or a loss, your account will automatically be credited with $200 in bonus bets.

In New Jersey you don’t get the choice of two offers. However, on top of the bet $5 and get $200 bonus, players get 10 golden chips to use on Adventures Beyond Wonderland, Live American Roulette (Live Roulette 1), Live Baccarat (Live VIP Baccarat), and Multiplayer Blackjack VZN (Blackjack VZN).

If you’re joining up from Pennsylvania, instead of the safety net, you’ll get 50 bonus spins in addition to the “Bet $5 and Get $200” offer. The spins can be used on Finn and the Swirly Spin, Gonzo's Quest, Butterfly Staxx, and Parthenon: Quest for Immortality.

» Check out our bet365 review to get a full picture.

Claim Your bet365 Bonus Code

How to Claim the bet365 Bonus Code

Creating an account via the bet365 mobile app and claiming any of these welcome offers takes less than five minutes. Here are the exact steps from start to finish:

1. Head to bet365: Click on our link to get to bet365’s sign up page and click “Download the App”.

2. Start creating your account: Fill out your personal information such as your email, phone number, name, date of birth and the last four digits of your SSN. Then, click “Continue”.

3. Set login details: Keep following the on-screen instructions which include typing in your address and creating a username and password.

4. Enter the bonus code: Enter the bet365 sign up bonus code WSN365 in the bonus code field and confirm you’ve read the terms and conditions by ticking the relevant box. Now, click “Join bet365”.

5. Complete verification: Ensure you’ve submitted pictures of all the required KYC documents (e.g. utility bill as proof of address and driver’s license or passport as proof of identity) and that they have been approved.

6. Deposit: Navigate to the offers page while logged in and ensure your preferred welcome bonus is selected. Then, make a qualifying deposit of at least $10 to claim it.

bet365 Bonus Key Terms and Conditions

Here are some terms tied to the bet365 promo code that I’d like to bring to your attention. I recommend reading the full terms and conditions for your state.

The bet365 bonus code 2026 is an app exclusive offer. Our link will take you to the browser page and you’ll be redirected to the app when signing up. You must claim your desired offer within 30 days of registering an account. In the states that give you the choice of two offers, as soon as you confirm your selection, the alternative option will become unavailable.

If you’re in CO, OH, VA, KY, IA, LA, IN or AZ and select the safety net offer, provided your first cash bet ends in a loss, your wager will be refunded in bonus bets. The bonus bets are usually available within an hour of your bet settling. To use them, click on "Use Bonus Bets" in your bet slip. Further T&Cs include:

• What makes a qualifying bet: only your first Straight, Parlay, Same Game Parlay or Same Game Parlay+ bet

• Minimum deposit: $10

• Minimum odds: -500

• Maximum bonus bet amount: $1,000

• Bonus bet expiration: seven days after being added to your bonus bet balance

The bet $5 and get $200 in bonus bets offer is active across all ten states. To unlock your bonus bets you can place multiple wagers which add up to at least $5, however, your first deposit amount must be at least $10 for the offer to activate.

• Minimum deposit: $10

• Minimum total wager value: $5

• Minimum odds: -500 (for at least one of your bet selections)

• Offer expiration: Bets must settle within 30 days of claiming

• Bonus bet expiration: seven days after being added to your bonus bet balance 

The 10 golden chips from New Jersey’s offer are credited automatically and need to be accepted within seven days by opening any eligible Playtech game. You then have another seven days to use them. Winnings are not subject to wagering requirements.

In Pennsylvania, click “Accept” on the pop-up in the casino section of the app within 30 days to get your 50 bonus spins. They are valid for seven days on the following games: Finn and the Swirly Spin, Gonzo's Quest, Butterfly Staxx, and Parthenon: Quest for Immortality. There are no wagering requirements on winnings from these spins.

bet365 Bonus Code vs. Competitors

bet365 is not the only US sportsbook with an attractive welcome offer. It is, however, one of the select few top US sportsbooks which gives its customers the possibility of choosing between more than one bonus.

Some of bet365’s main competitors are BetMGM, FanDuel and Caesars. bet365 has a lower minimum bet for a higher reward than BetMGM’s bet $10 and get $150. FanDuel’s welcome offer only builds on your wins, meaning that if your first bet loses, you’ll be starting your FanDuel experience on a minus. At Caesars, the bonus bet amount you receive is equal to the value of your first bet and must be used in 30 days.

The table below emphasizes the differences between these offers:

What Our Experts Think of bet365 Sportsbook

I asked other sportsbook experts from our team to share their thoughts on the bet365 bonus code for new customers and these were their observations:

Real User Reviews: The Good and the Bad

It's vital to acknowledge community feedback, so I checked what real users had to say about bet365.

The app gets high scores all round: 4.5 stars and 4.8 stars on the Google Play Store and App Store respectively. Players raved about easy navigation. One user, Robert Sands said “customer service is the best” and the generosity of the early payout promotion was praised.

Many reviewers reported experiencing lags while using the app. Some, including Brett Schubert, commented about the app completely freezing or crashing during live in-play betting in particular. Jesse Tharp stated “famous for limiting bettors” and several others complained about aggressive account limiting especially after winning.

Strategy: Which Offer Should You Choose?

Having two very different offers shows how bet365 caters to different gaming appetites. 

Pick the “First Bet Safety Net up to $1,000” if you are: a high-volume bettor willing to take an aggressive approach on a high-odds wager for your very first bet at bet365. If you plan to deposit major amounts such as $500+ the safety net will protect your funds in the event that your bet ends in a loss.

Pick the “Bet $5, Get $200 Win or Lose” if you are: someone who prefers to bet more casually with a smaller bankroll, for instance less than $100. For just a $5 bet, the Return on Investment (ROI) is massive and doesn’t depend on a win or a loss. Provided you fulfill the reasonable terms, you know exactly what you’re getting.

Making Your First Deposit with bet365 Bonus Code

Regardless of state or the offer you’re trying to claim, the necessary minimum deposit is $10. The sportsbook payment options vary slightly depending on state. Reliable payment methods you’ll find across the board include: Visa and Mastercard Debit Cards, Online banking, PayPal and Venmo. These are the safest choices to guarantee your transaction succeeds.