VIP/Rewards Grade: 2/5 Summary: Bet365 has "Early Payout" promotions always running, but not much else.
Updated: Nov 13, 2024
4 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
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What To Know
bet365 is regulated by your local gaming commission. Regulated sportsbooks provide customer protections that you will not have when using an unregulated sportsbooks or sweepstakes sportsbooks.
bet365 is unregulated. Unregulated sportsbooks do not provide the same customer proctections that regulated sportsbooks have.
bet365 follows a sweepstakes model. Sweepstakes platforms are regulated by the Federal Trade Commission and state sweepstakes laws instead of your jurisdiction's gaming commisison. These protections are less than those provided by a regulated sportsbook, and are designed for traditional sweepstakes, not a sportsbook.
bet365 is a sportsbook. Sportsbooks, unlike exchanges, act as "The House" and often have more vig than a betting exchange.
bet365 is an exchange. Exchanges often offer better odds than a traditional sportsbook, do not limit players, and are matched betting friendly.
In some states bet365 operates as a betting exchange, and others they operate as a sportsbook. In both situations bet365 will not limit bettors.
bet365 is "Player Friendly". Player friendly sportsbooks/exchanges do not enact limits on players making them perfect for matched betting.
bet365 is "Slower-to-Limit". Slower-to-Limit sportsbooks take longer than average to enact limits on winning bettors.
bet365 is "Quick-to-Limit". Quick-to-Limit sportsbooks enact limits signifcantly faster than your average sportsbook. If you show signs of being a winning bettor, limits will quickly follow.
bet365 has high limits. Sportsbooks with higher limits are useful for generating VIP status and hedging large promotions.
bet365 has low limits. Sportsbooks with lower limits are can make hedging larger promootions, such as those assocaited with VIP status, difficult.
bet365 has a closed-loop deposit/withdraw system. You may want to avoid depositing via PayPal/Venmo due to this. Learn more about closed-cloop withdraw systems in our Deposit/Withdraw guide.
bet365 seems to be more likely than other sportsbooks to limit bettors after a withdraw. Avoid withdraws from bet365 as much as possible.
Bet365 was founded in England in 2000 and is a world wide leader in online gaming. They came to the United States in 2019 starting in New Jersey and have continued to expand throughout the US since then. In 2022 they launched in Ontario after being approved by the Alcohol and Gamming Commission of Ontario. Bet365 has a wide range of available markets and was one of the first sportsbooks to allow live streaming of sporting events.
bet365 has an average MLB vig of 4.22%. bet365 MLB odds are similar to popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
bet365 averages -155.4 for MLB favorites which is about the same as popular sportsbooks (-155.0). bet365 is worse than sharp sportsbooks which have an average of -147.6.
The average bet365 MLB odds on underdogs is 130.5 which is similar to popular sportsbooks (130.1). bet365 is worse than sharp sportsbooks which have an average of 134.9.
Notes Before Signing Up
If bet365 does not immediately accept a $1,000 bet they will ask if you want to send the bet to the trading team for review. Do not do this. If they reject the full $1,000 they will automatically accept a lower amount and only that amount will count towards the $1,000 Second Chance Bet.
When signing up you need to select which sign-up offer you want. Additionally, the offer is only valid for the first seven days from when you create your account.
Notes: You have to select the offer. If bet365 does not immediately accept a $1,000 bet they will ask if you want to send the bet to the trading team for review. Do not do this. If they reject the full $1,000 they will automatically accept a lower amount and only that amount will count towards the $1,000 Second Chance Bet.
Available in: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, Virginia
Bet365 does not have much in terms of regular promotions or a rewards/VIP program. They do offer a wide range of market and competitive odds.
Example Promotion
Second Chance Bet
Here is an example of a Second Chance Bet on bet365. Through matched betting, you can mathematically guarantee profit by hedging your bet.
Second Chance Bet Finder
You can use the Second Chance Bet Finder on DarkHorse Odds to guarantee a profit of $1,000. In addition to the Second Chance Bet Finder DarkHorse Odds has all the tools needed to convert a wide variety of sportsbook promotions such as Bonus Bets, Profit Boosts, Site Credit, and more. You can learn more about matched betting in our guides.
Early Payout
Bet365 often has Early Payout promotions running for most sports. If a team reaches a certain lead within a game, it is graded as a winner wager even if they ultimately end up losing the game. This is the same concept as the DraftKings Early Win promotion. The leads required for this promotion are typically substantial leads that are rarely blown. These promotions are not profitable for matched betting by themselves, but using bet365 as a hedge book could result in a double win if the bet365 reaches the required lead and ultimately ends up losing the game.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
A worldwide gaming company that is regulated in Ontario.
Updated: Nov 13, 2024
4 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Bet365 was founded in England in 2000 and is a world wide leader in online gaming. They came to the United States in 2019 starting in New Jersey and have continued to expand throughout the US since then. In 2022 they launched in Ontario after being approved by the Alcohol and Gamming Commission of Ontario. Bet365 has a wide range of available markets and was one of the first sportsbooks to allow live streaming of sporting events.
bet365 has an average MLB vig of 4.22%. bet365 MLB odds are similar to popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
bet365 averages -155.4 for MLB favorites which is about the same as popular sportsbooks (-155.0). bet365 is worse than sharp sportsbooks which have an average of -147.6.
The average bet365 MLB odds on underdogs is 130.5 which is similar to popular sportsbooks (130.1). bet365 is worse than sharp sportsbooks which have an average of 134.9.
Notes Before Signing Up
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
