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Bet365 Offers $365 in Bonus Bets for New Users Amidst March Madness

3/16/2026, 2:55:16 AM

Overview of the Bet365 Promotion

Bet365 is currently offering a lucrative welcome promotion for new users, allowing them to receive $365 in bonus bets by placing a qualifying wager of just $10 on any eligible game. This offer is particularly appealing as it guarantees the bonus regardless of the outcome of the initial bet. Users in Illinois can alternatively opt for a "Bet $5, Get $150" offer. Additionally, new users in Pennsylvania and New Jersey will receive 50 spins for the online casino upon signing up.

How to Claim the Bet365 Bonus

To take advantage of this promotion, new users must follow a straightforward process:

1. Create an Account: Sign up on the Bet365 platform, either via desktop or mobile app.

2. Enter the Bonus Code: During registration, users must input the specific bonus code (e.g., WEEK365) to qualify for the promotion.

3. Make a Deposit: A minimum deposit of $10 is required using one of Bet365's secure payment methods.

4. Place a Qualifying Bet: Users must place a wager of at least $10 on any eligible market, including NBA or college basketball games.

5. Receive Bonus Bets: Once the initial wager settles, users will automatically receive $365 in bonus bets, which must be used within seven days.

Key Matchups for Betting

The promotion coincides with several high-stakes games, including:

  • NBA: The Golden State Warriors are set to face the New York Knicks, with the Knicks heavily favored due to the Warriors' depleted roster, missing key players like Stephen Curry and Draymond Green.
  • College Basketball: The Big Ten Championship game features a matchup between the Michigan Wolverines and the Purdue Boilermakers, both vying for a strong position in the NCAA Tournament.

NBA Betting Insights

The Knicks enter their game against the Warriors with a +6.4 net rating, while the Warriors struggle with a multitude of injuries. The Knicks are expected to capitalize on this advantage, making them a strong candidate for bettors looking to utilize their bonus bets effectively.

College Basketball Betting Insights

In the Big Ten Championship, Michigan, as the top seed, is favored against Purdue. Michigan's recent performance in the tournament has been strong, and they are expected to maintain their momentum against a Purdue team that has shown resilience but is considered the underdog.

Official Statements & Responses

Criticism & Opposition

Some critics argue that while the promotion is enticing, it may encourage irresponsible gambling behavior, particularly among inexperienced bettors who may not fully understand the risks involved. Bet365 has responded by highlighting their commitment to responsible gaming, providing resources for users to manage their betting activities.

What's Next

As March Madness approaches, Bet365's promotion is expected to attract a significant influx of new users eager to engage with both NBA and college basketball betting. The promotion will remain active as long as the NCAA Tournament continues, providing ample opportunities for bettors to utilize their bonus funds strategically.

In summary, Bet365's current offer presents a compelling opportunity for new users to enhance their betting experience during a critical time in the sports calendar, with the potential for substantial returns on their initial investment.