Bet365 Sportsbook was founded in 2000 by Denise Coates, who is a British businesswoman, entrepreneur, and the chief executive of online gambling for the company. This Bet365 online sportsbook review covers all the details about their operation that a new customer might want to know before signing up.
Though the internet was established when Bet365 started doing business, its first foray into sports betting came in the form of brick-and-mortar shops. While this business model was a successful one in the UK, the physical sports betting shops were sold in 2005, transforming Bet365 exclusively into an online sportsbook.
Bet365 set the standard for overseas sports betting, and this carried into the American market. When Bet365 first came online, there were not nearly as many sportsbooks as there are today, even in the UK and Europe. What’s more, the online sportsbooks that did exist were still very much in the testing phase and did not do much to impress. Almost immediately, Bet365 impressed players and quickly became a top choice.
Though Bet365 online sportsbook may not be as well known in the United States as a name like DraftKings or Caesars, anyone familiar with European sports will already be familiar with the brand. What Bet365 lacks in experience with betting in the United States, it more than makes up for when it comes to betting markets covered and betting options available.
Currently, the company has over 6 million users with close to 2,000 employees. The site is active in seven states and is a top-10 online sportsbook in the New Jersey market.
States Where Bet365 is Legal
The Bet365 sportsbook is currently legal in Colorado, Kentucky, Iowa, Louisiana, New Jersey, Ohio, and Virginia. Since it is in so few states, it does not have nearly as large of a presence as most companies in the US sports betting market.
Features that Set Bet365 Sportsbook Apart From Others
Bet365 innovated the sports betting market in the early 2000s. While other sportsbooks have caught up with the brand’s success, it still has solid distinctions within its platform.
The book prides itself on betting. It has a rich history of betting dating back to its brick-and-mortar shops. The interface is very easy to use, which allows any bettor to focus on the game. You won’t have any difficulty locking in a bet on the platform.
The look and feel of Bet365’s website and mobile app are honestly quite dated, but that is almost by design. For many years, Bet365 maintained the same, familiar site layout. While you may not be blown away by the way the site looks, you will certainly enjoy the vast array of betting options. Being an online sportsbook that first called the European market home, Bet365 has global markets–especially popular ones–more than adequately covered.
Many betting options
As for US sports and leagues, Bet365 holds its own. In terms of the number of betting options for events like NHL and NFL games, those available at Bet365 will rival those of those on other popular sports betting sites. Even obscure betting markets that you might not see at other sites will be found, often in abundance, at Bet365.
Bet365 online sportsbook shines with its eSports betting options. This is growing in the betting community, so Bet365 jumped at the opportunity to provide a large menu when it came to eSports.
The lines bettors are presented with are superior to those of many other US sportsbooks. Bet365 gives players a solid success rate. On its app, you may be able to steal a point that could make the ultimate difference in your bet’s outcome.
This isn’t something that bettors take lightly. That’s why Bet365 has grown in New Jersey, and casinos throughout America are looking to bring the platform to their locations.
Bonuses & Promotions at Bet365 Sportsbook
Bet365 is not known for having consistently solid bonuses to provide players with a lot of free play. There is an offer for new bettors who just signed up and completed their first deposit, but as far as recurring bonuses go, there are not many.
There are two different bonus offers available at Bet365. Players may choose between a $1,000 loss rebate or receiving a $150 bonus after a $5 wager. Bettors may only choose one. The loss rebate returns a bonus to the player equal to a first wager that loses. That must be wagered within seven days. Players hop to win the first bet to avoid needing to place a second one to bail out the bonus. Bettors with a smaller bankroll should choose the bet $5, and get $150 in bonus bets offer, over the loss rebate. A $10 deposit is required.
Other Bonus Offers
Bet365 online sportsbook has some interesting bonuses that it offers to its players. It has an early payout offer for the NFL and a variety of other sports they offer on their platform. This is also something a lot of other big books offer online, as it helps mitigate bigger damage if a player cashes out early on a bet that may pay out a lot more should it cover for the customer.
As an example, should you choose a team straight up and they take a 17-point lead, you’ll receive your payout no matter what else happens in the contest. The same goes for an NFL or NCAA football parlay if your team gains a 17-point advantage. This is one promotion that gives bettors an added sense of comfort.
The company also offers parlay bonuses. Depending on the size of your selection pool, it will reward winnings with a five to 70% bonus in free-play credit.
Banking Options at Bet365 Sportsbook
Bet365 has a wide variety of banking options for players to utilize when depositing and withdrawing funds. This is the case with most legal books, but the company must be competitive in this category.
It doesn’t have any deposit fees, which is a benefit of Bet365. All deposits have a minimum amount of $10, which is nothing in the betting world.
Deposits can be made with a debit/credit Visa or MasterCard, Bet365 prepaid card, PayPal, electronic check, Pay Near Me, Pay Safe Card, Skrill, or with cash. If you’re in Atlantic City, you can complete a transaction in cash at the Hard Rock Hotel & Casino. The highest deposit you can make is $30,000 with a limited number of methods.
For withdrawals, Bet365 online sportsbook is an industry leader for efficient payouts. The withdrawal options are a debit/credit Visa or MasterCard, the Bet365 MasterCard, electronic check, PayPal, Skrill, or cash at the Hard Rock Hotel & Casino.
You’ll receive funds instantly with a Bet365 MasterCard or in cash at Hard Rock Atlantic City. PayPal and Skrill give you access to your funds in 24 hours or less. The rest of the options take one to five business days to receive payouts.
Types of Bets at Bet365 Sportsbook
Some of the other sports on the Bet365 menu are cricket, cycling, MMA, handball, rugby, table tennis, volleyball, and virtual sports. One interesting note about virtual sports is that players still have prop betting capability. This shows how much the book cares about displaying a massive menu that all bettors can enjoy.
Bet365 offers common bets like the moneyline, spread, and over/under. It also offers multiple prop categories.
All NFL contests have main props, player props, score props, and team props, as well as first-quarter, first-half, and whole-game props. The same idea goes for all their other major sports.
The only difference is that the prop categories are slightly different depending on the sport. Bet365 has a great in-play betting menu. It emphasizes this with its layout on the Bet365 app and website. Futures is also a large part of its menu.
It has futures betting options for nearly every sport that it features. The widespread betting capability that Bet365 offers dates back to its roots when it was founded in the early 2000s.
Bet365 Sportsbook FAQ
Where is Bet365 legal?
Bet365 is legal in seven states: Colorado, Iowa, Kentucky, Louisiana, New Jersey, Ohio, and Virginia.
How old do I have to be to use Bet365?
You must be 21 years of age to bet on sports on the app.
Do I need to be in a legal state to view the sportsbook?
No. Anyone can download the app and view the online sportsbook. You’ll be able to see odds and lines. Bet365 uses your device’s location services to ensure that you’re in a legal area.
Does Bet365 offer an extensive betting menu?
Yes. The company gives players a wide variety of betting options ranging from mainstream sports to eSports while including everything in between.
Does Bet365 offer a sign-up bonus?
Players may choose between a $1,000 loss rebate or a $150 bonus after making a $5 bet. Only one offer is available. The account must belong to a new player.