bet365 Bonus Code SHNEWS: Grab $2K Insurance or $200 Sign-Up Bonus In Indiana & Other States

Use the bet365 bonus code SHNEWS to be eligible for one of two introductory offers. You’ll either get a $2,000 first bet safety net, or $150 in bonus bets. To get started, you’ll need a new account as a first-time customer, a minimum $10 deposit and a cash bet for either promo.

bet365 is currently available across eight legal sports betting states, including Indiana. If you are located outside of the eight states shown below, check out our favorite offers from the top sports betting sites.

Here are the two current welcome promos offered in any bet365 location using the bonus code SHNEWS:

bet365 bonus codes, explained

Offer 1: $2K First Bet Safety Net — Recover a first bet loss up to a maximum $2,000 in bonus bets

You may have seen first bet insurance offers among many sportsbooks and this promo is no different. However, the coverage up to $2,000 in bonus bets is hard to beat.

If your first bet wins, you don’t earn any bonus bets but profit cash and keep your stake. Only a missed first bet is eligible for the bonus bets.

Offer 2: Bet $5, Get $150 — Place $5 on odds -500 or greater to earn $150 in bonus no matter how the bet settles

Alternatively, this offer can be activated with at least a $10 deposit and $5 wager on odds -500 or greater. This is the key piece of this promo meaning your bet could be on a prop or spread bet at -110 but a heavy favorite moneyline at -650 wouldn’t qualify.

bet365 states

• Indiana
• New Jersey
• Ohio
• Virginia
• Louisiana
• Kentucky
• Iowa
• Colorado

How to sign-up for the bet365 bonus code

1. Decide between the $2K First Bet Safety Net and the Bet $5, Get $150 promos.
2. Use the join now button to set up a new account with bonus code SHNEWS.
3. Make at least a $10 deposit using an approved bet365 payment method.
4. Make a cash bet for the safety net and at least a $5 bet for the Bet/Get promo.

First bet with bonus code SHNEWS

$2K First Bet Safety Net

Let’s say you think the Wisconsin Badgers have a chance to upset the Purdue Boilermakers on Sunday. They will likely be home underdogs which could provide immense value for the safety net offer.

The outcome of the promo entirely depends on the outcome of the first bet so if Wisconsin wins, you profit cash and the stake but no bonus bets. If Purdue avoided the upset on the road, bet365 would cover whatever your stake miss was with bonus bets.

These bonus bets deposit into your account within an hour of the bet settlement and are valid for seven days.

Bet $5, Get $150

While an underdog can be a good pick for the safety net, I’d advise picking a favorite that falls in the -500 or longer requirement for the Bet/Get. Purdue will likely be favored but should fall in the -500 or greater since Wisconsin is the sixth-ranked team in the country.

If you grabbed Purdue to win outright, whether they win or not, the bonus bets deposit within an hour just like the other offer. These bonus funds can fund a wager within the bet365 platform but cannot be withdrawn since they are not the same as cash.

If you use bonus bets on a wager, you should note that it works a little differently. Since bonus bets can only be played once, no matter how that bet turns out, the stake returns to the house.

North Carolina sports betting is coming on March 11. bet365 is expected to launch in the state so stay tuned for a bet365 North Carolina bonus code for welcome promos in the Tarheel State.

21+. Gambling Problem? Call or text 1-800-GAMBLER. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply.