Bet365’s $5 Bet Hack — Turn Pocket Change into $150 for NFL Preseason

NFL Preseason Betting Made Easy with Bet365's $5 Bet for $150 Bonus or Get a $1000 Safety Net
Bet365 Bonus for NFL Week 2 Preseason
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Bet365's bonus offers are a great opportunity for NFL fans, especially with the 2024 preseason already underway.

As teams gear up for Week 2, bettors can capitalize on these bonuses to make the most of the early action. To make things even better, Bet365 is offering two different bonuses for you to choose from. If one doesn’t appeal to you, then maybe the other will. The choice is yours.

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Choose Your Bet365 Bonus Offer

Bet365 currently has two main promotions for new users—

  • Bet $5, Get $150 in Bonus Bets

  • $1,000 First Bet Safety Net

Both of these offers are designed to give new users a huge boost when they start placing bets, but each caters to a different type of bettor.

Bet365 Bonus Code 365BV4
Use the bonus code when you sign up for Bet365 to take advantage of this bonus.

The "Bet $5, Get $150 in Bonus Bets" offer is straight to the point. Once you make a qualifying bet of $5 or more, Bet365 will credit your account with $150 in bonus bets. This is regardless of whether your initial wager wins or loses. The minimum odds for this qualifying bet must be -500 or greater, which is pretty easy to achieve. Every single NFL preseason game has odds of at least -290 on the moneyline.

This means you can bet on heavy favorites or take a more adventurous approach and bet on an underdog and still qualify for the bonus.

On the other hand, the "$1,000 First Bet Safety Net" is tailored for those who want to throw down a larger bet. If your first bet, up to $1,000, loses, Bet365 will refund your stake in the form of bonus bets. They’re going to match it dollar for dollar, so it might be a good decision to max this out if you do go this route. This offer provides a cushion for higher-stakes bettors, meaning that even if the first bet doesn’t pan out, you’ll still have bonus funds to continue betting.

Which bonus option do you prefer? The choice is yours, and it all depends on what type of bettor you are.

Using the Bonus for the NFL Preseason

Now that we're in Week 2 of the NFL preseason, there’s no better time to use these bonuses.

Preseason games can be tricky to bet on because they often feature second-string players and experimental play-calling. But this unpredictability also creates opportunities for savvy bettors who know the teams well and can research players. Since it is a riskier time to place bets, the Bet365 bonus is great because you can make these bets without risking too much of your own cash.

For instance, with the "Bet $5, Get $150 in Bonus Bets" offer, you can place a small bet on a game with a more uncertain outcome like the Bills and the Steelers. The Bills sitting at +210 and the Steelers at -260 is one of the biggest odds spreads this week.

Preseason games are notorious for their volatility. Teams are less concerned with winning and more focused on testing new players and strategies. Every player on the field is vying for a spot on the 53-man roster. This makes outcomes harder to predict but also means that the odds for certain games might be more favorable. Keep in mind that the sportsbooks are trying to calculate the odds as well. By betting just $5, you open up a $150 bonus that can be spread across multiple games, giving you a chance to experiment with different teams and scenarios.

However, If you opt for the "$1,000 First Bet Safety Net," you could place a bigger bet on a game where you feel more confident about the outcome.

For example, you might consider betting on a team that has shown strong performances in Week 1, like the Chicago Bears, who dominated the Buffalo Bills 33-6. The Bears’ strong showing might continue in Week 2, especially if they maintain the same level of intensity with their second and third-string players. Plus, they’re going into the Bengals game as -290 favorites over the +235 Bengals. If your bet on the Bears doesn’t go as planned, Bet365’s safety net ensures you can still stay in the game with bonus bets.

Strategic Betting During the Preseason

Given that the NFL preseason is different from regular season games, it requires a unique approach to betting. These aren’t normal games where the coaches and players are a bit more prudent in their decisions.

Here are some things to consider when betting on the NFL Week 2 preseason games—

  • Team focus and depth. During the preseason, teams prioritize different aspects of their game. Some focus on their offense, while others are more concerned with building a strong defense. For example, in Week 1, the Philadelphia Eagles lost 16-13 to the Baltimore Ravens but showed resilience, especially on defense. If they continue this trend, betting on lower-scoring games or games decided by a field goal might be a decent bet.

  • Player performances. Preseason games often showcase rookies and players fighting for a spot on the roster. While we love seeing the stars play, they’re usually resting for the regular season. Players like Eric Gray of the New York Giants, who had an explosive performance in Week 1 with a 48-yard touchdown run, can be game-changers in these matchups. Watching which players are stepping up can give you an edge when placing bets. This is especially true if you use bonus bets that allow for more flexibility and experimentation. Just a thought.

  • Coaching strategies. Coaches are always experimenting with different strategies during the preseason. This can lead to unexpected results, of course. Most of the time, this can turn into high-scoring games or defensive battles. For example, the Houston Texans’ Kyle Allen, who performed well against the Pittsburgh Steelers, might be given a few more opportunities to prove himself in the upcoming games. Betting on specific players or outcomes based on coaching tendencies could be a smart move.

These strategies might not win your bets outright, but they’re definitely things to consider. If you can find a hidden gem by leveraging the uncertainty of preseason games, you could turn your bonus bets into cold, hard cash.

Maximizing the Bonus Before it Expires

One key detail to remember with Bet365’s bonus offers is the expiration period. Every bonus offered by every sportsbook has something similar, so it’s not unheard of.

Once you’ve claimed your bonus, you have seven days to use your bonus bets before they expire. This timeline aligns perfectly with the NFL preseason, as you can place multiple bets across different games in a short span. If you were to get your bonus this weekend, the bonus bets will still be available for Week 3.

Since we’re heading into Week 2, you could use the bonus bets across several matchups this week and next. For example, if you used the "Bet $5, Get $150 in Bonus Bets" offer, you could spread your $150 across games involving teams like the New York Jets or the Green Bay Packers, who have shown potential early on in Week 1. They’re probably going to carry this over into Week 2 and even Week 3.

The beauty of using these bonus bets during the preseason is that it allows for a low-risk way to learn more about the teams and players as they prepare for the regular season.

If a particular bet doesn’t go your way, the loss is cushioned by the fact that it was a bonus bet. And if you win, you can build your bankroll for the regular season, which is just a couple of weeks away. So, the bonus might not last through to the regular season, but your winnings sure will.

Which Bet365 Bonus Is Right For You?

Bet365’s bonus offers are one of the best ways to get into the NFL preseason action.

With options that cater to both casual and more serious bettors, these promotions provide a serious cushion that allows you to bet on unpredictable preseason football games without risking too much of your own money.

As Week 2 approaches, these bonuses can give you the flexibility to place strategic bets on games that feature emerging talents and evolving strategies that may or may not pan out. If anything, it’ll give you a good idea of how the team will play in the regular season.

Whether you’re betting on a team like the Minnesota Vikings, who narrowly edged out the Las Vegas Raiders, or experimenting with potential breakout stars like Eric Gray, Bet365’s bonuses can give a huge boost to your preseason experience. 

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