Bet365 Review: Promo Code FORBES – Up To $1,000 In Bonus Bets – December 2024

Why Bet365?

• Streamlined, user-friendly mobile app
• Unique welcome offer
• Frequent promotions and odds boosts
• Extensive international betting markets

Pros

• Intuitive mobile app
• Unique and generous welcome offer
• Frequent promos for existing users
• Extensive betting selection
• Competitive odds

Cons

• Mobile app isn’t visually pleasing
• Not widely available
• No rewards program
• No physical locations

Our Verdict

Bet365 was operational for nearly two decades overseas before launching its first U.S. sportsbook in 2019. Since then, it has expanded to 11 states.

After building a trusted and established brand abroad in countries like Australia, Canada and Mexico, Bet365 is now regarded as a high-quality sportsbook in the U.S.

It isn’t flashy but does almost everything well, offering a wide range of betting markets, customer support and payment methods.

It has a welcome offer to attract new users. Bet365’s app isn’t the smoothest or most high-tech, but it’s easy to navigate.

Most sportsbooks offer signup bonuses to draw new customers, and Bet365 has one of the industry’s best. New Bet365 customers have two offers to choose from.

One offer is a first bet “safety net.” If your first wager at Bet365 loses, the sportsbook will credit you the full amount (up to $1,000) in bonus bets.

The other offer is a “bet and get” promotion. If you place a wager of at least $5 after signing up, you’ll receive $150 in bonus bets to use at the sportsbook. You don’t need to win your wager to unlock the bonus.

Individually, both of these offers rank among the best on the market. Having the flexibility to choose which one you prefer is a plus compared to most sportsbooks, which only have one offer for new users.

Bet365 ‘First Bet Safety Net’ Promo

• Register for Bet365 through a banner or link on this page (new users only)
• If you’re in the U.S., use the promo code FORBES 
• If you’re in Canada, please use the promo code FORBESCAN
• Deposit at least $10 and claim the offer within 30 days
• If your first bet loses, you receive the bet back (up to $1,000) in site credit
• Your first wager must be a straight bet (moneyline, spread, over/under, etc.), parlay or same-game parlay

Note: The promo codes are used for marketing/tracking purposes only and are not available in Ontario.

If your first bet wins, you’ll receive your winnings like a normal wager but no bonus bets. If it loses, the bonus bets will be credited to your account within one hour of the wager settling.

Bet365 ‘Bet $5 Get $150’ Promo

• Register for Bet365 through a banner or link on this page (new users only)
• Use the promo code FORBES
• If you’re in Canada, please use the promo code FORBESCAN
• Deposit at least $10 and claim the offer within 30 days
• Place your first bet of at least $5 (min. -500 odds)
• Receive $150 in site credit after your wager settles, win or lose

Note: The promo codes are used for marketing/tracking purposes only and are not available in Ontario.

Category	Description
Offer	Bet $5, get $150 in bonus bets OR get up to $1,000 in bonus bets if your first bet loses
Promo Code	FORBES (U.S.), FORBESCAN (Canada ex. Ontario)
Requirements	New users only, 21+ and in eligible state
Eligible Bet Types	Min. -500 odds
Availability	AZ, CO, IA, IN, KY, LA, NJ, NC, OH, PA, VA
Offer Expires	TBD
Apple Store Score	4.8/5
Google Play Store Score	4.6/5
Date Verified	Nov. 26, 2024
Claim Bonus

Do I Need a Promo Code for Bet365?

Yes, use the promo code FORBES when signing up for Bet365.

If you’re in Canada, use the promo code FORBESCAN.

How to Enter Promo Code in Bet365

During registration, you’ll have the option to enter a promo code. Enter FORBES in this section to claim your welcome offer.

If you’re in Canada, the code FORBESCAN.

How to Use Promo Code on Bet365

Once you’ve created a new account, deposited at least $10 into your account with an approved payment method and entered the promo code, you can claim one of Bet365’s two new-user offers.

As mentioned, you can use either the first bet “safety net” or “bet and get” promo.

If you use the first bet safety net, place a wager at Bet365 and wait for it to settle. If it loses, you’ll receive the full amount back in site credit (up to $1,000). If it wins, you’ll get your winnings in cash and will not receive any bonus bets.

Your other option is the “bet and get” promo. In this case, place a wager of at least $5 at Bet365 Sportsbook. Whether it wins or loses, you’ll receive $150 in bonus bets.

To use your bonus bets, simply select “Use Bonus Bets” in your bet slip. The amount of your bonus bets will not be included in any payouts, and they can not be withdrawn early or transferred.

You must be at least 21 years old and be physically present in one of the 11 states where Bet365 is operational to claim either promotion.

Compared to other sportsbooks, Bet365 has one of the best and most unique welcome offers in the industry.

• Website: bet365.com
• Year established: 2000
• Available: U.S.
• Services: Sportsbook and Casino
• Payment options: PayPal, Online Bank Transfer, Credit/Debit Cards, PayNearMe, Skrill, Paysafecard, Cash at Casino Cage
• Customer service: [email protected], Live Chat, 888-8BET365

Live Betting
Live betting is a key part of any sportsbook, and Bet365 has a great in-game betting section located at the bottom of the screen. You can quickly view markets for games in progress along with updated odds. Bet365 also offers a wide range of prop bets for live sporting events to choose from.

Live Streaming
Many sportsbooks now offer live streaming for select sporting events, including Bet365. While live streaming is not available for every sport or match, it can be a fun way to keep up with the action and see how your bets are doing.

Early Cash Out
Like many sportsbooks, Bet365 gives you the option to cash out a wager either before the event starts or once it’s in progress. This allows you to potentially guarantee some winnings or limit your losses depending on how your bet is going.

Quick Deposits and Withdrawals
Depositing and withdrawing money at Bet365 is quick and easy, as the site offers several convenient ways to easily move your money.

Quick Bet Grading
Bet365 grades bets quickly compared to other betting sites, allowing you to quickly cash out your winnings or wager them on something else.

Bet365 is legal and operates in 11 states — roughly half the number of states that FanDuel, DraftKings, BetMGM and Caesars.

Bet365 states:

• Arizona
• Colorado
• Indiana
• Iowa
• Kentucky
• Louisiana
• New Jersey
• North Carolina
• Ohio
• Pennsylvania
• Virginia

• App Store Rating: 4.8 Stars, 114K ratings
• Google Play Store Rating: 4.6 Stars, 18K ratings

Bet365 has been operational for over two decades and is highly regarded around the world, so it’s not surprising to see such positive ratings.

Users liked the welcome offer, which allows new customers to choose between two options. They also found the app easy to use and reliable.

On the downside, some users labeled the interface as boring, as it isn’t flashy and has a dull color scheme. They also wished Bet365 would expand to more states, as it’s not as accessible in the U.S. as DraftKings and FanDuel.

Bet365 offers many betting lines for countless games and matches across sports worldwide.

After registering for a new Bet365 account and making a real-money deposit, which will require you to confirm your identity and be physically present in a regulated sports betting state where Bet365 is operational, you can wager on any available market.

Signing up usually only takes a few minutes.

Before wagering at Bet365, you should know how to read the lines.

Bet365 shows American odds for its betting markets. That means every line is based on a $100 bet, and your potential profit depends on the odds.

The favorite will have a minus (-) sign in front of the number on its odds. For example, you’d need to wager $150 on a -150 team to win $100.

Meanwhile, the underdog will have a plus (+) sign in front of its odds. If you risk $100 on a +150 underdog, you stand to earn $150.

You should also know the different betting options. Bet365 covers a variety of betting markets, including spread, moneyline, totals (Over/Under) and futures markets. These are offered across a large menu of sports, both common (NFL, NBA, MLB) and more niche (darts, snooker, virtual sports).

Third, you should be aware of the deposit and withdrawal options. Bet365 offers several standard deposit options like credit/debit cards, PayPal and online banking, which are safeguarded to protect your identity.

You can withdraw money from your account anytime using one of Bet365’s trusted withdrawal methods, such as PayPal or Skrill. However, you can’t withdraw bonus bets, rewards or other forms of site credit.

There are many different types of bets offered by Bet365, also known as markets. These bet types are available for most sports.

Spread

A spread bet is a common type of bet available at Bet365. It involves wagering on a team’s margin of defeat or victory.

If you bet a favorite, that team will have a “-” sign in front of the number. The team must win by more than that number of points, goals or runs for the wager to cash.

Conversely, if you bet an underdog, that team will have a “+” sign in front of the number. The team must either win the game outright or lose by less than that number for the bet to cash.

For example, if a team is favored by 10.5 points (-10.5 spread) in a college basketball team, it must win by 11 points to cover. If it’s listed as a 10.5-point underdog (+10.5 spread), it must either win the game or lose by 10 points or less.

If the team wins or loses by the same number as the spread, the bet is a “push” (essentially a tie) and your stake is refunded.

Moneyline

A moneyline is a simple bet on a team to win the game outright, regardless of the margin of victory.

If you bet on the favorite, you must risk more money to win less on the moneyline (ML) due to minus odds. If you back the underdog, you can bet less money to win more at plus odds.

In sports like soccer, which can end in a draw/tie, there is a three-way moneyline with the option to bet on a tie as well.

Totals

A total bet, also known as an Over/Under, is a bet on the total number of combined points scored by both teams in a game. A bet on the Over means the combined score needs to be over the number shown for the bet to cash, while the opposite is true for the Under.

For example, say the Over/Under for an NFL game is 49.5 points. If both teams combine to score at least 50 points, the Over hits. If they score fewer than 50 points, the Under hits.

Like a spread bet, if the final combined score equals the betting total, the wager is deemed a “push” and your stake is returned.

Props

Prop bets are wagers on specific outcomes happening within a game. They are typically divided into game props and player props.

Game props are wagers on a particular event happening within a game. For example, you can wager on how many points a team will score in the first quarter of a game or if overtime will occur.

Player props are wagers on a player’s performance. For example, you can bet on a running back to go Over or Under his rushing yards in a game or a basketball player to finish with a certain number of assists.

Parlays

A parlay is a wager that combines two or more individual wagers into one bet.

To cash your parlay, every bet in the parlay (called a “leg”) needs to win. By combining multiple wagers into one, parlays are riskier than straight bets and include higher odds to reflect that, increasing the potential payout.

A same-game parlay is a type of parlay that combines multiple bets from the same game. It is possible to combine game props with player props and full-game outcomes to boost your odds for a single game.

However, it is not possible to combine some bets in a single-game parlay. For example, you can’t have two legs be for a basketball player to score 20-plus points and 25-plus points because those bets overlap.

Live Betting

Live bets are wagers made on a game after it starts. Bet365 updates its markets and odds for most matchups once the game is underway, so you can still bet on a contest even if you don’t submit a wager before it starts.

Some sportsbooks struggle with keeping their odds updated once games start, but Bet365 is known for having some of the best live betting odds in the industry.

Futures

Futures bets are bets on outcomes occurring in the relatively distant future. The most common type of futures bet is a wager on a league championship, such as betting on a team to win the Super Bowl or World Series ahead of time.

You can also place futures wagers on individual player awards and outcomes, such as a season’s Most Valuable Player or a league leader in a statistical category like passing touchdowns or strikeouts.

Having safe and secure payment methods is one of the main benefits of using a regulated sportsbook like Bet365 compared to offshore sportsbooks. Since Bet365 is a legally licensed operator, major financial institutions allow transactions directly with its online sportsbook.

Deposits

There are several ways you can deposit money into your Bet365 account:

• Credit/Debit Cards
• Online Banking
• PayPal
• PayNearMe
• Skrill
• Paysafecard
• Cash at Casino Cage

Withdrawals

There are also several ways you can withdraw money from your Bet365 account:

• Online Banking
• Credit/Debit Card
• PayPal
• Skrill

Bet365 has a helpful customer service team that can assist you with your sportsbook account.

There are a few ways to contact them.

To access customer support, click “Contact Us” at the bottom of the app or “Help” in the top-right corner of the website.

First, there is a 24/7 live chat option. You must first ask your question to a bot before it transfers you to a live agent.

Second, you can call the customer support number at 1-888-8BET365. The customer service representatives at Bet365 are knowledgeable and helpful.

Third, you can email customer service at [email protected].

Lastly, Bet365 also lists its mailing address as a form of contact.

With several options to choose from and friendly staff, Bet365 has workable customer service.

Photo by Jakub Porzycki/NurPhoto via Getty Images

 The bonus code FORBES can be used during registration, but does not change the offer amount in any way.

Bet365 has multiple security measures in place, including 256-bit SSL encryption provided by Thawte to protect your data during registration and deposits/withdrawals. Bet365 also has several firewalls to prevent unauthorized access.

The bet365 sportsbook is licensed to legally operate in the following states:

• Arizona
• Colorado
• Indiana
• Iowa
• Kentucky
• Louisiana
• New Jersey
• North Carolina
• Ohio
• Pennsylvania
• Virginia

Make sure to always bet responsibly. Set and stick to a budget, and never bet more than you can afford to lose. Bet for fun on sports you know and don’t chase your losses.

You must be of a legal sports betting age and physically present in a legal sports betting state to wager.

If you feel that you may have a gambling problem or addiction, help and resources are available. You can seek help for you or someone you know by calling 1-800-GAMBLER.