In 10 sports betting states, use the bet365 bonus code SHNEWS to unlock a choice between two introductory sign-up bonuses. Here are the two welcome offers available with bet365:

$1,000 First Bet Safety Net – Cover your first bet, if it loses, up to $1,000 in bonus bets

Bet $5, Get $150 – Bet $5 on -500 odds or longer and earn $150 in bonus bets no matter how the bet settles

Your first bet can be on any market or odds to qualify with the bet365 bonus code SHNEWS and the First Bet Safety Net. Whether it’s an MLB game, an upcoming college football game or others, you’re covered up to $1,000 in bonus bets.

The Atlanta Braves have some ground to make up in the NL East. Let’s say you place $100 on the Braves +108 to beat the Phillies on Tuesday night.

A win profits $108 and you now have $208 to use within bet365 or withdraw using one of bet365’s approved banking methods.

Meanwhile, a loss is covered with $100 in bonus bets. These are funds to use within bet365 before the seventh day expiration.

The main difference between the bet-and-get and the first bet insurance is the outcome of the bet isn’t relevant to the offer. After applying the bet365 bonus code SHNEWS, you need a $10+ deposit and a $5 or larger wager on -500 odds or longer.

I suggest finding favored odds for this promo since you are allowed to win the bet and earn the bonus bets. For example, using the same MLB matchup, let’s assume I take the other side of the bet and back the Phillies -126.

Whether the Phillies win or not, the bonus bets hit my account within an hour of bet settlement.

Lastly, if you’re geo-located in Pennsylvania, set up a new account using the same bet365 PA bonus code SHNEWS. This activates the Bet $5, Get $150 mentioned above along with 50 casino spins.

The casino spins are unique to Pennsylvania and allow you to play the online slots from bet365’s online casino for a chance at real cash.

You have seven days to use the bonus bets before they expire. bet365 allows you to split up the bonus bets across wagers, which is somewhat unique among top sports betting apps.

All you need to do is pick a straight bet or parlay and create the betslip. Next, before submitting the bet, you select the bonus bets as the preferred funds.

If your bet hits, you profit cash but the stake always goes to the house. This is because you can only play bonus bets once for a chance at cash.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, NC, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply. Registration required.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, KY, IN, LA, CO, NC, VA, OH only. Bet $5 and Get $150 in Bonus Bets at bet365. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply. Registration required.

Must be 21+ and Present in Pennsylvania. Gambling Problem? Call 1-800-GAMBLER. Registration required. New Users Only. Terms and Conditions Apply.