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bet365 bonus code BARKER: Select either $1K insurance or $150 bet and get for any matchup

By Ian Firstenberg | Last updated May 15, 2024 4:43 PM ET

One of the world's leading sports betting brands, bet365, currently has a dual offer structure for new players in 10 states.

Unlike other operators, you can use the singular bet365 bonus code BARKER to begin the sign up process and select either a $1,000 bet insurance promo or a $150 bet and get.

Both offers are straightforward and provide a helpful jumping off point for new users in Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, North Carolina, New Jersey, Ohio or Virginia.

While we're go into more detail about how to use each offer below, the premise of each is simple. With the bet insurance offer, you can get up to $1K back in bonus bets — based on the value of your first cash wager of the day — if you lose.

The bet and get is different but just as direct. Place a cash bet of $5 and, once it settles, you'll get $150. Unlike the bet insurance offer, you'll earn bonus bets regardless of the status of your qualifying wager.

To get started with bet365, you can use the hyperlinked offers above, or the modules below.

Eligibility requirements

Must be new customer
21 or older only (18+ in KY)
$10 cash deposit is required for either offer

Important T&Cs

Bonus bets distributed within an hour of bet settlement
Bonus bets valid for seven days from distribution
Bet credits (bonus bets) only valid for one wager a piece

Signing up with bet365

Use one of the modules or the hyperlinked offers above to access the bet365 landing page
When prompted, input BARKER
Select one of the offers
Review and approve T&Cs
Finalize account with cash deposit of at least $10
You're ready to wager

Wagering with bet365

The bet insurance offer is well-suited for a player looking for an edge on an underdog as you can put up a decent cash stake and either, cash out if you win or collect the bonus bets if you lose.

The bet and get, on the other hand, is better suited for a player that prefers to play it safe with smaller wagers. Place a cash wager of at least $5 and collect the bonus bets, whether you win or lose.

For example, if you claimed the bet insurance offer and put up a $275 cash stake on Chet Holmgren at the First FG Scorer (+600) your potential profit would be $1,650. If you lost, you'd forfeit the cash but would get $275 in bonus bets.

That same market wouldn't be as valuable with the bet and get as there's a minimum wager requirement of just $5 and the bonus bet payout is $150.

Thus, you might as well play it safe with a minimum wager and collect the bonus bets.

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.

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.

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