bet365 Bet $5, Get $100 Promo Code

bet365 is among the world’s largest and most trusted sportsbooks. The operator offers competitive odds on many sports and leagues, including many odds boosts and single-game parlays.

New users are now entitled to the bet365 Bet $5, Get $100 in Bonus Bets Win or Lose welcome promo using bonus code GAMEDAY.

Continue reading to learn more about this promo, including how to claim it, get your winnings, and essential terms and conditions.

bet365 Bet $5, Get $100 Promo Code

bet365 now has a Bet $5, Get $100 offer.

As the name suggests, you receive $150 in bonus bets when you place your first bet of $5 or more.

To claim the promo, you must sign up to bet365 using the special code “GAMEDAY" and deposit at least $10. Then, place a bet of $5 or more with odds of (-500) or better.

To qualify for the bonus, your bet must settle within 30 days after you’ve signed up. Once it settles, you will instantly receive $100 in bonus bets, available to use for all markets. You have seven days to use the promo funds. The minimum odds are (-500).

This promotion is available to new bet365 players only, but existing users can still take advantage of a wealth of offers.

How the bet365 Sportsbook Bet $5, Get $100 Works

Follow these steps to get the bet365 promo:

• to activate the bonus and be automatically transferred to bet365.
• Press “Join" or the banner with the welcome promo.
• Enter the required personal information, including your phone, address, and last four of your SSN.
• Enter your email and create a password and username. Ensure you enter the promo code “GAMEDAY" if it isn’t automatically populated.
• Submit the required documents to verify your identity.
• After activating your account, deposit $10.
• Place a qualifying bet of $5 that must settle within 30 days of registration.

Once you receive your bonus bets, you have seven days to use them.

Wagering Requirements

The bonus bets are not eligible for withdrawal, but all winnings are available as cash and can be withdrawn immediately. That essentially means a 1x wagering requirement on the bonus bets.

Terms and Conditions

• The promo is available to new players only.
• You must deposit at least $10 to be eligible for this offer.
• Place a bet of $5 or more to unlock the offer. The bet must settle within 30 days of registering and have odds of (-500) or better.
• Bonus bets expire seven days after issue.
• Bonus bets are non-withdrawable.
• Bonus winnings are available as cash and can be withdrawn immediately. However, bonus bets cannot be used for casino games in states with bet365 Online Casino (NJ, PA).

I recommend reading the terms and conditions before you sign up or use your bonus bets to learn more.

Bet365 Colorado Promo

Users in Colorado have a special offer at bet365, where they can bet $5 on any NBA or NHL game to get free subscription for Altitude+ for two months.

This promo lasts from February 6 to February 28, 2025.

The minimum odds are (+100).

Don’t miss out on the chance at a free subscription at Altitude+!

bet365 Promo vs Its Competitors

bet365 is now offering Bet $5, Get $100, so how does this promo compare to its competitors? I’ve selected five of the best New Jersey sportsbooks to compare. See below.

Caesars Sportsbook

At Caesars Sportsbook, you can get up to Bet $1, Double Your Winnings Your Next 10 Bets with code “GAMEDAYDYW."

You must deposit $10 or more to claim this offer and place a bet of at least $1. The max bet for this boost is $25.

Compared to bet365, the Caesars Sportsbook promo does not guarantee you will get anything, but it’s nice to have a profit boost.

Fanatics Sportsbook

The Fanatics Sportsbook welcome promo offers up to $1,000 in No Sweat Bets to all users except those in NY, NC, and IL, who will be entitled to a Bet $10, Get $50 offer.

It’s nice to have a high limit, where your first bet is matched up to $1,000 if it loses.

BetMGM Sportsbook

At BetMGM Sportsbook get up to $1,500 in bonuses if your first bet loses with the code “GAMEDAY."

With this promo, if your first bet loses, you receive it back as bonus bets. That means if your first bet wins, you don’t get anything.

The nice thing about the BetMGM Sportsbook welcome promo is that the bonus funds are spread over five bets, not one, so you can place more bets and have a higher chance of winning.

DraftKings Sportsbook

DraftKings is one of the most popular sportsbooks. As a new user, you can claim the DraftKings Sportsbook Bet $5, Get $150 offer.

The promo works similarly to the bet365 bet $5, get 100. You must deposit at least $10 and bet at least $5. Once your bet settles, you receive the bonus bets.

This is one of the best sportsbook promotions available.

FanDuel Sportsbook

FanDuel is the biggest sportsbook in terms of market share. For new customers, the operator offers a promo nearly identical to DraftKings and similar to bet365.

When you claim the FanDuel Sportsbook welcome promo, you get $150 in bonus bets after you deposit $5 and bet $5. Like the promos at other operators, the bonus bets are ineligible for withdrawal, but winnings are available as cash.

Use The bet365 Promo on Clippers/Bucks

Clippers/Bucks Under 228.5 Points (-110)

Use your bet365 promo on Clippers/Bucks Under 228.5 points.

Even with Kawhi Leonard likely out for this game, the Clippers are good enough on defense (3rd in Defensive Rating) to keep this below the number.

It also helps that the Bucks are also stout defensively (T-10th in Defensive Rating).

This is a bit of a high number considering these defenses, so roll with the Under here.

The Best Way to Use the bet365 Promo

Here’s how to get the most of the bet365 welcome bonus:

First, get the most out of your $5 qualifying wager before even getting the promo funds. I recommend building a parlay. Pick high-odds parlay legs, as even if you lose, you’re guaranteed the $100 promo, but if you win, you can walk away with a nice sum.

Once you’ve claimed your $150 bonus bets, stick to more favorable odds. While parlays are a top choice for your qualifying bet, they’re not the best option for the $150 bonus bets. Instead, focus on these tips:

• Bet on the favorite: The favorite has an implied higher chance of winning, which means they’re the safer option.
• Bet on what you’re comfortable with: Are you an NFL fan? Bet on NFL games. Whatever sport or league you follow the most will be the best one to bet as you can make a more informed decision.
• Use tools to find the best bet: Research before you place a bet. There are many tools to help you find the best bet. That includes our NFL betting odds page, where you can see if bet365 offers better odds than competitors.

Is the bet365 Bet $5 Get $100 Worth It?

The bet365 promo is totally worth it, since you receive $100 in bonus funds for a small deposit and bet. There are not as many restrictions on using your bonus bets as some other competitors, meaning you can likely bet on your favorite teams.

Also, while the bonus bets are non-withdrawable, the winnings are paid out as cash, meaning you can withdraw them immediately. So, for example, you win $20 from your $150 bonus bets, and you’ve doubled your initial deposit for $10.

The bet $5, get $100 promo is also the best way to get started at bet365, one of the world’s leaders in sports betting. The sportsbook has been in business for over 20 years, meaning you join a top-quality sportsbook.

You will find many competitive odds, including many boosts on over 20 sports and dozens of leagues.

How to Withdraw Your Bet & Get Winnings

To withdraw your promo winnings, follow these steps:

• Click on your account settings at the top right of your screen.
• Press “Bank."
• Select “Withdraw."
• Choose your withdrawal method.
• Submit your request.

Note that the minimum withdrawal is $10 and that not all methods will be available. Some require that you’ve deposited with that method before you can withdraw.

Most withdrawals are processed within four hours. Exceptions include credit cards (where available) with a 1-5 business day processing and cash at casino cage (where available), which is instant.

Where Is the bet365 Sportsbook Bet $5, Get $100 Promo Available?

This bet365 promotion is available in Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia.

The operator recently launched its online casino in Pennsylvania, so in addition to this offer, you get 50 free spins to try the bet365 Online Casino in the Keystone State. However, the 50 free spins replace the $1K First Bet Safety Net in PA, so keep that in mind.