bet365 Bonus Code (February 2026): Use 'SIB365' to Earn $150 in Bonus Bets

You can use the bet365 bonus code SIB365 to claim a welcome offer of $150 in bonus bets with an initial wager of $5+. Just tap any link on this page and make your initial deposit to get started. 

We'll review the top features of the bet365 bonus code and tell you why it's one of the best sportsbook promos to unlock for NBA betting and more in 2026.

bet365 bonus code summary for February 2026

Use our table below to track the latest bet365 new user bonus offers, and to claim the bet365 $150 in bonus bets offer, or another great promo.

Promos vary by region:

U.S. bettors can use the latest bet365 bonus code SIB365 to claim one of two great welcome bonuses, which all new users can choose between. There is also a special third welcome promo for those located in Pennsylvania and New Jersey.

We’ve broken down all the key elements for each of the latest bet365 new user bonuses below.

Bet $5, get $150 in bonus bets

bet365 gives new users $150 in bonus bets when they deposit and place a $5 wager after signing up with the promo code SIB365.

Choosing this welcome promo gives users easy access to $150 in bonus bets, as their first bet does not have to win to activate the bonus. Feel free to swing for the fences on a player prop or big moneyline underdog, as the outcome of that first bet is meaningless in relation to the bonus. 

• You must be a new bet365 user of legal gambling age to claim this promo.
• The promo can ONLY be claimed on the bet365 app.
• Deposit at least $10 and place a $5 wager within 30 days to earn $150 in bonus bets.
• Use our exclusive bet365 bonus code SIB365 to unlock the welcome promo.
• You can use your bonus bets on any market with odds of -500 or greater.
• Bonus bets expire seven days after issuance.
• This bet365 promo expires March 17, 2026.

$1,000 First Bet Safety Net

New bet365 users who prefer to make a larger first bet and did not claim the $150 promo can instead opt for bet365's alternative welcome bonus option, a $1,000 First Bet Safety Net promo.

Bettors who wish to claim the $1,000 First Bet Safety Net promo can use the bet365 bonus code SIB365 and will need to deposit at least $10 to qualify.

With the First Bet Safety Net, if your first wager loses, you’ll receive a refund in bonus bets that are equal to your stake, up to $1,000. The profits from this promo can add up quickly, especially if you choose to use your First Bet Safety Net on a bet with longer odds. 

For example, a $1,000 first bet at odds of +300 would yield a $3,000 profit if it wins, and any loss would have the $1,000 stake refunded as bonus bets, creating a strong risk/reward scenario for bettors.

Note: This promo is not available in NJ and PA.

bet365 NJ welcome promo

New bet365 NJ bettors get an additional perk when signing up with the bet365 bonus code SI365US.

After depositing $10 and placing a $5 bet, New Jersey users receive 50 Free Spins along with $150 in bonus bets.

bet365 PA welcome promo

Pennsylvania users can unlock an enhanced version of the $150 welcome promo by using the bet365 bonus code SI365US.

Simply deposit $10 and place a $5 wager to get $150 in bonus bets — win or lose — plus 50 spins for use at bet365 Casino. This promo is only available on the bet365 PA app.

Terms and conditions

Wondering how the bet365 welcome bonus compares to other sports betting apps? Take a look below:

The top online sportsbooks each bring a unique twist to their welcome promos, giving new users several ways to get started with extra value. With the BetMGM bonus code, you can claim a generous 'second-chance' promo. If your first bet doesn’t hit, you’ll get up to $1,500 back in bonus bets to try again.

Like bet365, both the FanDuel promo code and DraftKings promo code unlock a 'bet and get' deal, where a small wager can land you a significant amount of bonus bets, depending on the terms at the time. The Caesars Sportsbook promo code stands out with its first bet match up to $250.

Meanwhile, the Fanatics Sportsbook promo code offer gives you up to $1,000 in FanCash when you place a $200 wager on 10 consecutive days. FanCash can be used on apparel, bonus bets, and more.

Yes, bet365 is legal in 16 states. You can use the bet365 bonus code SIB365 to collect a new-member bonus if you live in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Missouri, New Jersey, North Carolina, Ohio, Tennessee, Pennsylvania, or Virginia.

While bet365 is legal, you can also check out our list of sportsbooks to avoid.

The bet365 bonus code for U.S. bettors is SIB365. Claim the bet365 welcome promo by using the code and links on this page, then place a $5+ bet to receive $150 in bonus bets, win or lose. Signing up only takes a few minutes.

1. Register  

Click any link on this page to register and begin unlocking your bet365 welcome bonus. Enter the required personal information and confirm your identity.  

2. Deposit funds  

Make an initial deposit of at least $10 to activate the welcome promo. You'll have a choice of convenient deposit options, including debit cards, Apple Pay, Visa, Mastercard, and PayPal. 

3. Place a bet  

Place your first minimum wager of $5 and include at least one market of -500 odds or greater. Win or lose, you will receive the bonus bets. You will also get to keep any winnings if your bet hits. You'll have seven days to use your bonus funds. 

4. Withdraw winnings  

Once you complete the bonus’s 1x wagering requirement, you’ll be able to withdraw your winnings. Notably, the bonus bets are not withdrawable. If you placed a $50 bonus bet on +100 odds and won $100, you would be able to withdraw a total of $50. It's worth noting that bet365 is one of the best online sportsbooks for payouts.

For existing bet365 users, there are a handful of other great bet365 promo offers you can use to your advantage. Simply read the instructions below to find out how to take advantage of these great daily promo offers.

Top bet365 bonus offers for Feb. 27, 2026

bet365 is a trusted sportsbook that has been operating since 2001. It first touched down in the U.S. in New Jersey in 2018 when sports betting became legal in the state. Since then, it has expanded to nearly a dozen states and has risen to become one of the top NC sports betting apps.

The dual welcome promo is bet365’s bread and butter, but the site also features many ongoing promos throughout the year for existing customers. The app features a stylish layout that simplifies navigation, enabling you to place a wager with ease. bet365's live streaming service features real-time statistics to enhance your knowledge before your next bet. It's also one of the best parlay betting sites and NBA betting sites around. Read below as we dive deeper into the platform.

🔎 bet365 pros and cons 

📝 User reviews 

bet365 has a loyal fan base that appreciates the sportsbook's extensive range of sports and intuitive live-betting interface. 

Many Android users have pointed out that the app could use a refresh to make it easier to navigate certain markets, including winning-margin bets and alternative lines. 

App Store: 4.7 out of 5 ⭐ (148K reviews)

Google Play: 4.6 out of 5 ⭐ (47.9K reviews)

💳 bet365 payment methods 

bet365 offers several payment options, including debit, Visa, PayPal, and Apple Pay. Our go-to payment option is a debit card, but we’ve also tested out PayPal. Both options have produced instant, pain-free deposits and smooth withdrawal experiences that take just a couple of hours to process. We believe bet365 is in the top tier when it comes to fastest payout sportsbooks.

ⓘ Customer support 

 A 24/7 live chat feature has gone from a nice-to-have to something that sports bettors demand these days. Thankfully, bet365 comes through in that department, making it easy for users to touch base with a representative within minutes.

One NFL Sunday, a team member of ours hit a four-leg SGP and noticed that only two of the legs were ‘checked off’ as winners in his bet slip. He contacted live chat and received a swift reply from an operator, who let him know that sometimes all the ‘checkmarks’ don’t appear until the game has finished. However, the operator confirmed that he'd be paid out, which he was.  

The online sportsbook also offers several other options for those who would like to ask questions or address concerns to bet365’s customer service reps. 

💬 Live chat: Available 24/7

📩 Email: On-site form

📞 Phone: Not supported

𝕏 (Twitter): @bet365help

❓bet365 Help Center: Tap here

💵 Types of sports bets 

If you’re new to sports betting, you’ll soon learn that there are hundreds of different ways to get in on the action. While bet365 offers some of the more exotic options like player specials, fast markets, and alternative lines, we’ll focus below on some of the most popular bets available. 

Moneyline  

A moneyline bet is where you simply pick a winner. Moneyline favorites are indicated by a negative value (-) next to their odds, and moneyline underdogs are indicated by a positive value (+).  

Example: 

• Houston Texans -385 vs. Dallas Cowboys +275

Point spread  

Point spread bets are when the sportsbook assigns a handicap to the match to balance out the playing field. The odds will usually be similar (if not identical) for both teams. However, for your team to win they will have to cover the indicated handicap.

Example: 

• Atlanta Falcons +2.5 (-110) at Cleveland Browns -2.5 (-110)

If you backed the Browns, they would have to win by a minimum of three points. If you took the Falcons, they could lose by up to two points or win outright, and still cover the spread. 

Over/Under (totals) 

Betting on the Over/Under is when you wager on if the total score will be over or under the number a sportsbook assigns. 

Example: 

• Paul Skenes strikeouts: Over 10.5 (-110), Under 10.5 (-110)

Props 

Prop betting sites have become a significant part of sports betting, particularly on NFL betting sites, and involve wagering on outcomes that are not directly tied to the final score of a game. Prop bets include wagers on team and individual player performance, events within a game, or exotic markets unrelated to a game at all.

Example:

• Puka Nacua rushing + receiving yards: Over 92.5 (-110), Under 92.5 (-110)

Futures 

A futures bet is when you wager on a player or event that has an outcome that will happen down the road. There are dozens of markets, including NBA Championship odds, World Series odds, Rookie of the Year, Coach of the Year, and more.

Example:

• Jim Harbaugh Coach of the Year +1200

Live bets 

Live betting can be great if you can’t manage to get your pregame wager in or if you just want to follow along and ride the momentum shifts of a particular contest. bet365 features up-to-the-second odds that allow you to place bets right up to the end of a match. 

➕ Odds pricing 

We’ve noticed that it always pays to shop around at different sportsbooks for the best odds. On many occasions, bet365 will have favorable odds on a certain market. However, there are other times when you’ll find a better price elsewhere. The same can be said for any sportsbook out there.  

For instance, a recent price we found for a Derrick Henry anytime touchdown was -225 at bet365, as opposed to -240 at a competitor site. The biggest variances can usually be found in futures and props markets. For the most part, moneyline and point spread lines will be similar between the leading sportsbooks. 

🏆 Sports available 

bet365 has a seemingly endless list of sports available to wager on that include the U.S.’s most popular like:  

🏈 NFL

🏀 NBA

⚾ MLB

⚫ NHL

⛹🏽 NCAA

👊 UFC

However, the sportsbook also offers a variety of niche options, including darts, harness racing, cycling, pool, table tennis, volleyball, and handball. There’s even a ‘Winter Sports’ tab where you can bet on ski jumping, biathlon, cross-country skiing, and more. For NCAA fans, it's one of the top college football betting sites in the U.S.

🚨 Bet limits 

The maximum winnings in a 24-hour period at bet365 are $1 million, regardless of your stake. Keep in mind that bet365 reserves the right to cap bettors’ betting limits at its discretion. You can read more in the sportsbook's terms and conditions. 

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Each of the top sports betting sites has its own appeal, but bet365 stands out for new players thanks to its strong welcome promotion and user-friendly experience. Its bonus gives first-time bettors an easy, rewarding way to get started and explore everything the platform has to offer.

At bet365, you can set limits on how much money you want to deposit into your account on a daily, weekly, or monthly basis. You can also access various gambling resources, including a self-assessment test for those who suspect they may have a gambling problem. The sportsbook’s dedicated responsible gambling page features tools that allow you to take a ‘time out’ for a specific period, set wager limits, and even control what kind of marketing bet365 sends you.