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    Baltimore Orioles third baseman Ramon Urias waits for a pitch to the Reds in the ninth inning of a baseball game between the Baltimore Orioles and the Cincinnati Reds, Monday, June 26, 2023, in Baltimore. The Orioles won 10-3. (AP Photo/Julio Cortez)

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    Julio Cortez/AP

    Cincinnati Reds' Elly De La Cruz during an at bat in the fourth inning of a baseball game against the Baltimore Orioles, Monday, June 26, 2023, in Baltimore. The Orioles won 10-3. (AP Photo/Julio Cortez)

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The bet365 bonus code CTNEWS unlocks a robust and low-investment new customer offer for bettors. When players in Colorado, Ohio, New Jersey and Virginia sign up with the bonus code above, they’ll get $200 in bonus bets after a $10 deposit and their first $1 wager. That first bet must be at odds of -500 odds or longer, meaning betting something at -400 is OK but -600 is not.

New players in Iowa will get $365 in bonus bets as part of an exclusive promotion there to coincide with the international sportsbook’s launch in the Hawkeye State.

Both promotions use the same bonus code and are structured the same so the bonus bet value is entirely based on what state a user is in when they sign up. Notably, bettors do not need to be a resident of a specific state to claim a promotion but rather must be within state limits, which the book will verify using geolocation data. Even if you’re just visiting Iowa for the weekend, you can claim the bet365 Iowa promotion by ensuring that your geolocation data is turned on.

We’ll expand on the nature of this offer and highlight the critical sign-up conditions in the paragraphs below.

bet365 welcome offer, explained

bet365’s promotional structure is a bit different from other sportsbooks. At many other operators, a user’s first bet is required to settle as a loss for them to get any bonus bets. The bet365 offer doles out all the bonus bets as soon as a user’s wager settles — regardless of the status.

So, players could potentially win their bet and still get some bonus bets. That makes the offer total advertised a bit lower, but again, it’s pretty low risk — you just need to deposit $10, bet $1 and you’ll get your bonus bets to play around with and hopefully turn into cash.

New players can use the bet365 bonus code CTNEWS while signing up and unlock $200 in bonus bets in four select states. Users in Colorado, Ohio, New Jersey and Virginia are all eligible for this promotion.

Additionally, as part of an exclusive promotion in the Hawkeye State, users in Iowa can get $365 in bonus bets with the same code.

Once players have used that code to sign up for an account with the international sports betting giant, they’ll need to make a deposit of $10 and place a cash wager of at least $1 to trigger this offer.

Critically, only real-money wagers will trigger this offer and any bonus bets earned from this promotion will only be valid for one wager. Thus, users who make a successful bonus bet wager will not get their stake returned.

After that first wager settles — as a loss or a win — players will get their bonus bets. As noted, users in Iowa will get $365 and players in the other four bet365 states will get $200 in bonus bets.

So, if a new player in Colorado put a $100 cash wager on the Reds at +140 against the Orioles and Cincinnati won, that user would collect $140 in profit, keep their $100 stake and get $200 in bonus bets.

Conversely, if that same bettor put $100 bonus bet wager on the same moneyline bet and the Reds won, they’d collect their profits but would not get their stake back nor would they get any bonus bets.

How to use the bet365 promotion on Wednesday

Cincinnati Reds vs. Baltimore Orioles

The Reds are in Baltimore for Game 3 of a three-game series against the Orioles. They’ve split the first two games and, considering both team’s divisional status, this third matchup could have some serious implications for the summer.

The Reds are narrowly, half a game, leading the Brewers in the NL Central while the Orioles are four games back from Rays in the AL East. This game could be a chance for either Cincinnati to stretch their divisional lead or for Baltimore to try and close the gap between them and the red-hot Rays.

Kyle Gibson will take the mound for Baltimore. He’s been solid this year but much of the Orioles’ success stems from the stacked lineup they have, which bodes poorly for the Reds’ Luke Weaver who has looked subpar this season.

Making matters worse for Weaver, the Orioles have been solid against right-handers so far this year. Additionally, Baltimore ranks among the league’s top teams in the vast majority of offensive categories including runs scored and hits per game.

Overall, the Orioles are -165 favorites with the O/U at 9.5. Given the talent of the Baltimore lineup, take the under on Weaver’s 3.5 strikeouts as he’s struggled this season and the Orioles have enough power to make him pay.

bet365 sign-up details

Before signing up with bet365, players should review the conditions outlined below to get the most out of this offer.

First and foremost, this promotion is restricted to new users who are at least 21 years old and present in a legal bet365 state. As noted above, players do not need to be a resident to claim a state-based offer but they must be within state limits, which bet365 will verify using geolocation data.

If a user meets all those criteria, they can sign up for a bet365 account using the bonus code CTNEWS.

After that, the player needs to make a deposit of $10 and place a real-money wager of at least $1 to initiate this promotion.

Once that wager settles — as a win or a loss — users will get their bonus bets. As mentioned above, bettors in Iowa will get $365 in bonus bets while players in the four other bet365 states will get $200 in bonus bets.