Bet365 is new to the state of Illinois and is offering new customers the choice between two betting promos for March Madness.
With underdogs starting to believe and top seeds fighting to avoid elimination, now is a great time for Illinois sports fans to get in on the NCAA Tournament betting action—even if state regulations restrict betting on local college teams.
While you won’t be able to place mobile bets on in-state programs like Illinois or Northwestern, the rest of the field is wide open. Whether you’re backing a blue-blood program or a potential Cinderella run, bet365 has stepped up with two major welcome bonuses for new users in Illinois during this critical stage of the tournament.
- Bet $5 Get $150 in Bonus Bets Win or Lose
- OR First Bet Safety Net up to $1,000
- 30% Extra on Same Game Parlay Profit
- T&Cs Apply. Gambling Problem? Call or text 1-800-GAMBLER 21+
- Use Bonus Code: LSRBET
Bet365 Illinois March Madness Bonus Code: LSRBET
New customers in Illinois can tap into a pair of valuable bet365 offers just in time for the second round of March Madness.
The first option is one of the most popular promos in college basketball betting: Bet $5, Get $150 in bonus bets, win or lose, as long as the wager is placed at odds of -500 or greater. This gives you the flexibility to make a low-risk bet and still walk away with a hefty bonus to use throughout the rest of the tournament.
If you’re looking to start with a larger wager, bet365 also gives you the choice of a $1,000 First Bet Safety Net. If your first bet doesn’t hit, you’ll be refunded the amount (up to $1,000) in bonus bets. It’s a strong offer for bettors who want a little extra confidence in making their first big play during one of the most exciting betting windows of the year.
To claim either offer, you must make a minimum $10 deposit and be physically located in Illinois at the time of registration and wagering.
How to Claim Your Illinois Sportsbook Bonus at Bet365
Getting started with bet365’s Illinois second-round promo is fast and straightforward. Here’s how you can lock in your welcome offer:
- Create an account at bet365 via their website or app.
- Deposit at least $10 using any approved payment method.
- Enter the promo code LSRBET when prompted during signup or deposit.
- Choose your bonus offer — either Bet $5, Get $150 in bonus bets OR First Bet Safety Net up to $1,000.
- Place your qualifying bet on any eligible second-round NCAA Tournament game with odds of -500 or greater.
Once your bet settles, bonus credits will be added to your account based on your selected promotion.
Why This Offer Works for Illinois Bettors
Even though Illinois law currently restricts online sportsbooks from accepting bets on in-state college teams, there are still dozens of high-stakes matchups to get involved with in Round 2. From potential spots in the Sweet 16 to major conference clashes, bet365 gives Illinois users a smart way to bet confidently throughout the rest of March Madness.
With two flexible and generous new user offers, this Bet365 bonus setup is among the top promotions available to Illinois bettors during the NCAA Tournament’s second round.
Bet365 Round 2 Best Bet
Michigan State -6.5 (-110)
Michigan State found its rhythm after a sluggish start against Bryant, eventually taking full control in the second half—something we’ve seen consistently from Tom Izzo‘s squad all year. The Spartans rely heavily on their depth, often outlasting opponents with their bench production and offensive rebounding after halftime.
New Mexico earned plenty of respect by knocking off Marquette, but their challenge ramps up dramatically in this matchup. The Lobos rely on a tight six-man rotation, which could be problematic with just one day of rest. Facing a Michigan State team that throws waves of talent at you is a tough task, physically and mentally.
Given the depth advantage and late-game strength the Spartans bring, it’s easy to see them pulling away in the second half and covering the spread.
