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Bet365 Louisiana Bonus Code: Choice of 2 offers in Louisiana, 6 other states this week
New Orleans Pelicans guard CJ McCollum (3). Stephen Lew-USA TODAY Sports

Bet365 Louisiana Bonus Code: Choice of 2 offers in Louisiana, 6 other states this week

Bet365 bonus code BARKER gives you a choice of two offers in Louisiana and six other states. They use the same promo code, but you'll pick which bonus you want on a landing page after signing up.

  • $1,000 first bet safety net. If your first bet loses, you'll get back bonus bets equal to whatever you lost, up to $1,000.
  • Bet $5, get $150. You'll get $150 in bonus bets no matter what after a $5 wager. Just make sure you deposit $10 and make sure your first wager is on something -500 or longer (meaning -400 is OK but -600 is not). 

bet365 operates seven U.S. states right now -- Kentucky, Ohio, Louisiana, New Jersey, Virginia, Colorado and Iowa.

bet365 bonus codes, explained

Let's dive into it with examples from Tuesday's sports slate.

So which offer should you take? Hopefully, it will become clear in the examples. But the general rule of thumb is that if you're going to max out the safety net and bet $1,000, that's the better offer. But if you are going to be $500 or less on the safety net, just take the $150 in bonus bets.

$1,000 First Bet Safety Net

This offer will refund you in bonus bets equal to what you lose on your first bet -- if your first bet loses. If you win, you keep the cash and profit.

  • So say you're betting $1,000 on Iowa to beat Wisconsin in college hoops, priced at +225. If Iowa wins, you profit $2,250 and you keep the cash you wagered. So you'll have $3,250 in your account, all cash that can be withdrawn or bet.
  • If Iowa loses, you get $1,000 in bonus bets return to you.

You'll then have to wager those bonus bets and if those bets win, they turn into cash. Since you deposited $1,000, you'll hope to make that back at least.

So say you take $100 in bonus bets and put it on the Ravens to beat the Steelers on Saturday night, priced at +150.

If the Ravens win, you profit $150 in cash and you'll have $900 in bonus bets left, plus $150 cash in your account. If the Ravens lose, the bonus bet just goes away.

The bonus bets don't expire unless your account is inactive for 90 days and you can split them into any increments you'd like

Bet $5, Get $150

This offer is a bit more straightforward. Just deposit $10 and make a $5 bet on any line with longer odds than -500 (so -250 is OK but -525 is not) and you'll get the $150.

The bonus bets don't expire and you can split them into any increments you'd like. So if you want to make one, $150 bet you can. If you want to make 150, $1 bets, that works too.

How to Sign Up at bet365

  1. Download the bet365 app or go to bet365.com.
  2. Enter all your real sign-up info, or else bet365 won't be able to verify your account/identity.
  3. Enter bet365 bonus code BARKER at checkout.
  4. Deposit $10 using any method you'd like. Debit card usually works; credit cards can pose some problems.
  5. Make a $5+ bet if you take the $150 deal, or make a max $1,000 bet if you take the safety net.

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