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bet365 free bet offer

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The gist

bet365 offers new users $365 in bonus bets for a $10 first wager. The deal varies by state, with some offering $150.

Background

bet365 is promoting its welcome offer to attract new customers in the U.S. sports betting market. The offer is straightforward: new players place a $10 bet and receive $365 in bonus bets, win or lose. However, in some states like Illinois and Tennessee, the bonus is $150 instead. The promotion is part of bet365's competitive strategy against other sportsbooks.

How it unfolded

  1. Aug 23, 2026CBS Sports reports bet365's $150 bonus offer for new users, tied to NFL preseason and MLB games.
  2. Aug 25, 2026WTOP highlights a $5 bet to get $150 bonus for MLB games on Monday.
  3. Aug 26, 2026USA Today and SI.com publish details of the $365 and $150 offers, noting state variations.
  4. Aug 28, 2026Goal.com promotes the $150 bonus with code GOALBET, also mentioning a $1,000 safety net option.
  5. Aug 29, 2026Crossing Broad highlights the $365 bonus for MLB and college football Week 0 games.

Who’s saying what

Analysts
The offer is one of the most player-friendly welcome offers in the industry, with a low $10 minimum and 1x rollover.
Caution
The bonus varies by state and bonus bets expire within seven days if not used, so terms and conditions apply.

Sources

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