bet365 is officially live in Pennsylvania and provides a Bet $5, Get $150 + 50 casino spins offer for new customers upon sign-up. Since many of you are new to betting or new to bet365, we’ll walk through what the offer entails and how to use the bonus funds provided through the offer.

You can click the module below and set up a new account with the bet365 bonus code SHNEWS to qualify.

Bet $5, Get $150 + 50 casino spins

You’ll have to set up a new account with bet365 and apply the bonus code SHNEWS. Next, make at least a $10 deposit and place $5 on -500 or greater odds such as a -200 Philadelphia Phillies moneyline or any sport you prefer with a qualifying market.

No matter how the bet plays out, you’ll now have $150 in bonus bets in your account within an hour of bet settlement. So now what?

Putting aside any cash balance you may win from your first bet, we’ll focus on the $150 in bonus and the 50 spins.

$150 in bonus bets

bet365’s bonus bets are playable as currency as opposed to bonus bet credit-style pieces you may find with other sports betting apps. This means you can split up the $150 in bonus bets such as 10 wagers of $15 or all $150 on one wager.

The bonus bets are valid for seven days from receipt in your account and a bonus bet wager works a little differently. For example, let’s say I win a $100 bonus bet wager on a +200 line.

I profit the $200 in cash that can be withdrawn or used on other wagers. However, my $100 of bonus bets isn’t returned because bonus bets can only be played once.

In that scenario, my account would now show $200 in cash and the remaining $50 of bonus bets from my original welcome promo. Meanwhile, if I had used my own deposited cash, it would show $300 in cash from the win and the returned stake.

You can even split a wager such as a $100 wager with $50 of cash and $50 of bonus bets. In that case, you can profit the winnings of the bet and your $50 cash piece of the stake is returned while the $50 of bonus bets is kept by the house.

Keep in mind that certain odds boosts cannot be utilized if you place the wager with bonus bets. Also, certain teasers and specialty markets are restricted from bonus bets and can only be accessed with cash wagers.

How do you deal with no-action wagers?

If your wager results in a push — such as an 8.0 O/U in baseball and eight total runs are scored — bonus bet wagers are not returned. However, if you place a bonus bet wager with no opportunity to win, like a golfer dropping out of a tournament, the bonus bet wagers are returned.

50 casino spins

You’ll need to navigate specifically to the bet365 online casino at the top of the page. bet365 provides a separate section for online casino since it is only in Pennsylvania and New Jersey.

The 50 casino spins give you a chance to play a wide variety of online slots for a chance at real cash.

Must be 21+ and Present in Pennsylvania. Gambling Problem? Call 1-800-GAMBLER. New Users Only. Terms and Conditions Apply.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, NC, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply. Registration required.

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, KY, IN, LA, CO, NC, VA, OH only. Bet $5 and Get $150 in Bonus Bets at bet365. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply. Registration required.