bet365 Deposit Bonus: $150 in Bonus Bets on a $5 Qualifying Wager

bet365 gives new users $150 in bonus bets triggered by a single qualifying $5 wager — win or lose. That bet-and-get structure means the outcome doesn't matter; place the bet, get the bonus.

How the bet365 Deposit Bonus Works

This is not a deposit match. bet365 uses a bet-and-get format: deposit, place a $5 qualifying wager, and $150 in bonus bets lands in your account. The bonus bet stake is non-withdrawable — only the profit from a winning bonus bet is paid out as real cash. A $25 bonus bet at +100 returns $25 in winnings, not $50 total.

Opt-in is required. The promo won't activate automatically at deposit; you must claim it through the promotions page before placing your qualifying wager. Missing that step forfeits eligibility. See our sportsbook deposit bonus red flags guide for exactly what to check before hitting confirm.

Must be 21+. Gambling problem? Call 1-800-GAMBLER.

What States Is the bet365 Bonus Available In?

bet365 is one of the major licensed US sportsbooks but operates in fewer states than FanDuel or DraftKings. Always verify your state is listed in the promotion's eligible-states section before depositing — many promos are state-restricted.

How Does bet365 Compare to Other Sportsbook Deposit Bonuses?

The $150 bet-and-get offer is solid for a low barrier ($5 qualifying bet), but the dollar value trails some competitors. Here's a quick side-by-side of current offers across the major books.

BetMGM's first-bet coverage tops the dollar value by a wide margin. Check our sportsbooks with the highest deposit match bonuses ranked page for the full ordered list with current terms.

Rollover and Expiry Terms

DraftKings bonus bets expire in 7 days after issuance — bet365's expiry window should be confirmed in the current promotion's fine print, as short windows are a known red flag. A rollover clock that's too tight pushes bettors into reckless wagering just to beat the deadline. Always read the terms. Our rollover calculator guide walks through the math with real examples.

Also watch minimum odds thresholds. Many books require wagers at odds above a floor (like -200 or longer) to count toward playthrough. Heavy-favorite bets may not qualify. If that language appears in the bet365 terms, factor it into your claim decision. For a broader explanation of how these structures differ, see deposit match vs bonus bets vs first-bet insurance.

Paying Out After You Clear the Bonus

Once your bonus bets generate real-cash winnings, withdrawal speed depends on your chosen method. PayPal can clear in hours; ACH takes 1–5 business days; wire and paper check are the slowest. Check our full breakdown in how fast do sportsbooks pay out by payment method.

Credit card deposits are banned at sportsbooks in Iowa, Tennessee, Massachusetts, and New York. If your card is declined, that's likely why. Use a debit card, PayPal, or ACH instead.

Are Winnings From Bonus Bets Taxable?

Yes. All gambling winnings — including profits generated from bonus bets — are taxable federal income. Per research published by the Financial Planning Association, winnings must be reported on Form 1040 even without a W-2G. Our page do you pay taxes on sportsbook bonus bet winnings covers the reporting requirements in detail.

Our Take on the bet365 Deposit Bonus

The $5 qualifying bet is about as low a barrier as you'll find. $150 in bonus bets for a $5 wager is a strong ratio. The bet-and-get format is straightforward — no deposit size to optimize, no percentage math. The main thing to verify before claiming: eligible states, minimum odds on the qualifying bet, and the bonus bet expiry window. Get those three right and this offer is worth claiming.