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Bet365 “Take Your Pick” Bonus – 1K Safety Net or Bet $5, Get $150 in Bonus Bets

Bet $5, Get $150 in Bonus Bets


New customers can get started with a bet365 bonus code and select between one of two choices:

  • A first bet safety net of up to $1,000 (paid back in bonus bets if your first bet doesn’t win
  • Bet $5, get an additional $150 in bonus bets, win or lose

Because they allows customers to choose their preferred bonus offer, the bet365 bonus ranks among the very best sports betting promos available to prospective customers this May.

The bet365 welcome bonus can be applied to any sports market and is an excellent complement to betting on the NBA playoffs, NHL playoffs, or any MLB game.

Bet365’s First Bet Safety Net Explained

The first bet safety net from bet365 is similar to promotions commonly seen at other online sportsbooks such as BetMGM or Caesars.

Place a first-time bet of up to $1,000, and if you don’t win, your stake is matched in the form of bonus bets, which can then be used to place additional wagers.

The benefit of the 1K safety net is that it allows users to bet a little bit more to double their bankroll out of the gate. The added assurance of knowing any losing bet will accrue a bonus match gives new customers another bite at the apple if they come up short.

Here’s an example of how it might work:

  • You sign up at bet365 and place a $300 bet on the NBA playoffs.
  • Your bet loses.
  • Bet365 grants you $300 in bonus bets to place additional bets on the app.

Bet365’s Bet $5, Get $150 in Bonus Deal

The bet-and-get option mirrors common promotions found on FanDuel and DraftKings. Sign up and place a first bet of just $5 ($10 minimum deposit), and you will qualify for an additional $150 bonus bet.

This is a beginner-friendly offer because it does not require players to deposit or bet much money to claim $150 in bonuses. While bonus bets cannot be withdrawn, they provide an excellent opportunity to explore other betting options and app features offered by bet365.

Here’s an example of how a new customer would claim this offer:

  • Sign up at bet365 and deposit a minimum of $10.
  • Place a $5 bet on any sports market.
  • Collect an additional $150 in bonus bets redeemable on any sport or bet type.

Bet $5, Get $150 in Bonus Bets


Which Bet365 Bonus Should I Choose?

Deciding on which bet365 bonus option is best for you, consider a range of factors:

  • How much money do you want to deposit/bet?
  • What is your experience with betting?
  • What is your current bankroll?

Once you have these questions answered, it might make your choice a bit more straightforward.

Those with a larger bankroll may gravitate toward the 1K safety net because it allows for larger bets and a potentially large payout. Those looking to bet smaller amounts might prefer the bet-and-get deal because of the small wagering requirements.

Ultimately, both bet365 bonus offers represent a compelling option for new customers and a chance to get off to a winning start on the app.


Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, KY, LA, NJ, VA, OH). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). Call 1-800-BETS-OFF (IA) Call 877-718-5543 or visit Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. T&Cs Apply.


  • Devin Erickson-Sheehy

    Devin is the Product Owner at Winners and Whiners, and is a sports betting expert with experience providing sports bettors with industry news, sports betting reviews, offer details and more.