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bet365 Sportsbook Review & Bonus

EDITOR'S OPINION

bet365 is touted as one of the largest online sportsbooks in the world and has layers upon layers of active promotions through a wide variety of markets. In fact, possibly the most I have ever seen since I began doing sportsbook reviews. bet365 also offers aggressive odds in favor of the bettor, making them a must-join betting site.

ByAnthony Cervino

Nov 29, 2022

Overview of bet365 Sportsbook

Pros
  • Easily Accessible Web Layout

  • Favorable Odds Compared to Competitors

  • Live Streaming & Live Betting

  • Tons of Promotions

  • Wager on Virtual Sports & eSports

Cons
  • Only Available in New Jersey & Colorado

  • May Need Extra Verification for KYC Process

  • No Rewards System

  • Could Provide More NFL Futures Options

  • Slow Website Loading Times

  • Welcome Bonus
    9/10
  • Mobile Experience
    9/10
  • Payment Options
    9/10
  • Support
    9/10
  • Overall Score
    9/10

bet365 Sportsbook QUICK FACTS

  • Established:

    2019

  • Services:

    Sports Betting, Online Casino

  • Available In:

    NJ, CO, Ontario, UK

  • Payment Methods:

    Credit/Debit, Online Banking, PayNearMe, PaySafeCard, Skrill, Cash at Cage

“This page contains references to products from one of our advertisers. We may receive compensation when you click on links to those products. This compensation does not impact our opinions in this review or elsewhere about these products. Terms apply to the offers listed on this page. For an explanation of our Affiliate Policy, please visit this page. Thank you.”

bet365 Sportsbook Hands-on Review

While bet365 Sportsbook made its United States online debut back in 2019, the company has been a respected online gambling resource in the United Kingdom since 2000 and was founded by Denise Coates, the majority shareholder along with her brother John Coates.

Paired with its online casino, bet365’s online sportsbook is one of the largest of its kind worldwide. However, despite its reputation around the globe, in the United States, bet365 is only legal in the states of New Jersey and Colorado.

It is fully operational and licensed by the New Jersey Division of Gaming Enforcement and Colorado Division of Gaming, while sharing its license with the Hard Rock Hotel and Casino in Atlantic City, NJ as well as Century Casino in CO.

In addition to the cookie-cutter features, as you would find at most sportsbooks, bet365 offers live games streaming, live betting, and virtual sports betting. Due to their worldwide roots, bet365 offers ample promotions for sports-based outside of the United States that include tennis, rugby, and soccer.

Another feature that bet365 brings contrary to its competitors is the cash-out. While early cash-outs are not unique, they are not offered everywhere. What’s great is that this feature is available on most wagers, offering a more generous cash-out than other platforms.

Is bet365 Sportsbook Legit?

Yes, bet365 is one of the safest and most reputable sportsbooks in the market. Although bet365 is a UK-based company, it is fully regulated and licensed by the regulatory bodies in both New Jersey and Colorado.

Can You Win Real Money Playing at bet365 Sportsbook?

Yes, you can win real money at bet365. While bet365 is based out of the United Kingdom and the UK Gambling Commission, it is fully legal in the United States, but only in the states of New Jersey and Colorado. It is partnered with one of the most reputable brands in the gaming industry, Hard Rock Hotel and Casino, as well as the Malta Gaming Authority.

bet365 Sportsbook Signup Bonus

When you are a new bettor at bet365, there is a terrific welcome bonus available. There is currently no promo code available at this time for bet365, just click the “Claim Now” or “Get Bonus” button to activate this promo. You will then be redirected to bet365’s website where you will find your welcome offer. We will explain the signup bonus in more detail below.

bet365 No-Deposit Bonus

At this time, bet365 does not offer a no-deposit bonus.

Bet & Get

Get $200 in free bets when you bet just $1 as a new signup at bet365. Here is how the promo works:

Once you make a successful deposit (of $10 or more) and wager $1 at odds of -500 or more, your account will be credited with $200 worth of free bets, which can be used as a normal balance. You have 90 days to complete this balance.

It doesn’t matter if your initial bet wins or loses — you’ll receive the bonus funds simply for placing this wager.

Deposit Bonus

Currently, bet365 doesn’t have a first deposit bonus to offer new bettors.

Risk-Free Bet

There is no risk-free bet offer at bet365 at this time.

bet365 Promotions

You’ll find an expansive selection of promotions at bet365 sportsbook.

Stay on top of the latest offers with our betting promotions page.

My bet365 App Experience

The bet365 mobile app is available at the Google Play and Apple App stores. Upon downloading the app, you will be asked to log in, of course. However, in order to place a wager, the app will ask you to turn on your location services so they can make sure online gaming is legal at your residence.

Similar to the website, I love the app’s ease of use. Though there are times that the website lags. I did not find any of that from the app, which is a plus. Once you’re logged in and your location is verified, you will be notified if you have any messages in your bet365 inbox. For me personally, I had a message saying my account was officially verified at the time of writing this portion of the review.

Navigating through the app is incredibly easy, as I noted earlier. At the top-right, you will find your account balance, and on the left, markets you can wager on. Directly under that, the primary sports in play are listed in the scroll.

Down at the bottom menu, you will find a button called “In Play.” Here, you will find all of the live games you can place wagers on. Within the “In Play” menu options, you will find a “Live Streaming” button. Here, you can live stream a game and watch your wagers play out right on the app.

Next to the “In Play” button, you will find your “Bet Slip” button. Although most bet slips are the same, I like the fact that bet365’s first option on the slip is games that qualify for the cash-out feature.

Finally, you will find a “Search” button at the bottom left of the menu. You can search for a specific market you want to place a bet on. And you can even search using the voice recognition feature.

I had some issues with bet365’s website, most importantly, the lagging. There was none of that on the app. In fact, I prefer the app to the website in this instance.

Should You Bet at bet365 Sportsbook?

Residing in New Jersey, I am spoiled with the number of sportsbooks that I can use, including bet365. I was thoroughly pleased with my experience with this platform.

Although their website looks basic, I am a fan of it. It is simple to use and not too cluttered. However, its loading time is slow at times. This could have been on my end, but if not, it is something that should be addressed in the future.

bet365 offers a wide variety of sports and markets to place bets on. While they are deeper with European-based markets like rugby and soccer, they don’t fall short with their United States-based sports wagering options, offering everything you expect. However, bet365’s futures are not as layered as other sites. But they do offer them and the bet365 NFL betting odds are favorable.

Although my overall experience on the site was a positive one, I did have some issues verifying my identity. My driver’s license was also kicked back despite the fact that it was clear. I do like how bet365 protects their customers, but if I was crunched for time and absolutely wanted to place a wager because their odds were more aggressive, I may have missed out.

Still, I wouldn’t put it all on bet365. I recently moved to a new residence, which could have deterred the verification process. Also, the fact that bet365 does not offer a rewards program is also something that I would like to see change.

If you are like me, you want to have a surplus of sportsbook accounts in your arsenal so you can take advantage of the best odds. And because bet365’s odds can be uber-aggressive if you catch them at the right time, it is a must join sportsbook.

How To Join bet365 Sportsbook

  • To join bet365, hit the “Claim Now” or “Get Bonus” button to activate your welcome bonus. This will take you to the bet365 signup page.
  • Next, you will fill out all of your general information that includes, name, address, phone number, DOB, etc.
  • You will also be asked for the last four digits of your social security number.
  • You don’t need a promo code, but you will be prompted. Clicking “Get Bonus” or “Claim Now” secures the offer.
  • Once you fill out the form in its entirety, bet365 will verify your information.
  • Upon verification, you are now permitted to place wagers.
  • If bet365 can not certify your identity, you will be asked to upload a document like your Driver’s License or Passport.

Payment Methods Available

bet365 has an impressive list of payment options available.

Deposits

All deposit methods are free of fees with a $10 minimum deposit.

  • Credit/Debit Cards
  • Online Banking
  • PayPal
  • bet365 Mastercard
  • Pay Near Me: Arrange a pay with cash transaction at one of your local stores that offer this service
  • Paysafe Card
  • Cash at cashier cage at Hard Rock Casino in Atlantic City, NJ
  • Skrill

Withdrawals

All withdrawal methods are free of fees.

  • Online Banking: 1-5 days to process with a $10 minimum
  • Bet365 Mastercard: With the bet365 Mastercard you can withdraw bet returns from your wagering account to your card, allowing you to instantly access your funds from any ATM where Mastercard is accepted and to make online or in-store purchases. Instant process time with a $5 minimum
  • Credit/Debit Cards: If you have deposited by Credit Card, all withdrawals will be processed by Bank Wire. If you have deposited by a Debit Card, all withdrawals will be processed to the same card where possible. It takes 1-5 days to process with a $10 minimum.
  • PayPal: Processes within 24 house with a $10 minimum
  • Skrill: Processes within 24 house with a $10 minimum
  • Cash at the Hard Rock Casino cashier cage: 1-5 days to process with a $1 minimum

bet365 Odds

You’ll find that bet365 has some of the most competitive odds on the market. When wagering on point spreads, you’ll get the standard -110/-110 on both sides, so you won’t pay any inflated prices. This applies to Over/Unders as well.

You also get some nice value on moneyline wagers, as favorites and underdogs are often separated by 20 to 30 cents. For example, the Boston Bruins are -175 favorites against the Tampa Bay Lightning, who are +155 underdogs.

What’s great is that there are a number of odds boosts to target as a way of getting more value. These are found in the ‘Bet Boost’ section on the homepage. Take advantage because these can help build up your balance.

Best bet365 Betting Odds

When scouring through the betting markets, you’ll notice that there are a number of selections. You’ll find traditional wager types like spreads, moneylines, and totals. There are also several props to choose from, each of which can be included in Same Game Parlays.

What’s great is that there are also escalator props, known as ‘Milestones,’ which offer higher payouts. For example, imagine you liked Patrick Mahomes Over 285.5 Passing Yards. You can take him at 300+ or even 350+ passing yards for a better payday.

But what separates bet365 from the competition is its selection of soccer wagers. There are so many props and alternate match handicap (another term for point spreads). This is not something that you’ll find on other platforms.

Leagues You Can Bet On

  • Football
  • Basketball
  • Baseball
  • Hockey
  • Soccer
  • Tennis
  • Australian Rules
  • Boxing
  • MMA
  • Cricket
  • Cycling
  • Darts
  • Handball
  • Golf
  • Bowls
  • Water Polo
  • Motor Sports
  • Rugby League
  • Rugby Union
  • Snooker
  • Table Tennis
  • Virtual Sports

Bet Types

  • Moneyline
  • Parlay
  • Totals
  • Futures
  • Spread
  • Live Betting
  • Props
  • Teasers
  • Round-Robins
  • If-Bets
  • Parlay Builder

Rewards System

Contrary to many of its competitors in the market, bet365 does not offer a rewards program for its players at this time.

Customer Service

Bet365 does offer customer service. In the USA, bet365 offers the following ways to contact its customer service team:

  • Website help and FAQs section
  • Live Chat
  • Email
  • Phone:
    • Available 24 hours a day, 7 days a week
    • 1-833-754-8200
    • 1-888-8-BET-365

States Where You Can Bet At bet365 Sportsbook

Currently, bet365 is offered in only two states:

Does bet365 Sportsbook Have An Online Casino?

Yes, bet365 offers an online casino but it is only legal within the state limits of New Jersey and Colorado. Some of the casino games that bet365 offers include table games, video poker, and slots.

Author

Anthony Cervino

Anthony Cervino is an NFL Writer and Betting Analyst for The Game Day. He is also a lifelong NFL savant and self-proclaimed league historian. In the industry, Anthony has excelled in both the fantasy football and sports betting space with fantasy his proverbial bread and butter. Anthony has made appearances on SiriusXM, amongst other publications. He is also the co-creator of the FF Faceoff (Faceoff Sports Network) and the FF Faceoff Mental Health Podathon partnered with the Hayden Hurst Foundation. Industry Clout: 15th most accurate ranker in the FantasyPros ECR for both draft and in-season accuracy (2019) | 8th most accurate ranker in the FantasyPros ECR for sleepers (2020) | 13th most accurate ranker in the FantasyPros ECR for in-season accuracy, including 2nd at quarterback and 3rd at tight end (2021).

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