The 2026 Kentucky Derby is shaping up to be one of the most wide-open Run for the Roses in recent memory, with no dominant favorite and a deep field of contenders set to take the Churchill Downs oval.
New bettors looking to get in on the action can use a bet365 bonus code to choose between two welcome offers: a Bet $10, Get $50 win or lose bonus, or a $1,000 First Bet Safety Net. As of May 2, both offers are available to new Canadian users and represent some of the best sportsbook promos ahead of the Derby. New users can unlock either offer through bet365.
Bet $10, Get $50, or a $1K First Bet
2026 Kentucky Derby Betting With the bet365 Bonus Code
The bet365 bonus code for Canadian bettors is COVERS, and it unlocks two distinct welcome offers for new users. The first is a Bet $10, Get $50 win or lose promotion. Simply deposit at least $10, place a first wager of $10 or more on odds of -500 or longer, and bet365 will credit your account with $50 in bonus bets regardless of the outcome. Those bonus bets are valid for seven days. Note that this offer is not available to Ontario bettors.
The second option is the $1,000 First Bet Safety Net. This offer suits bettors who want to go bigger on their first wager. Deposit enough to cover your intended stake, place your first bet of up to $1,000, and if it loses, bet365 refunds the full amount in bonus bets, valid for seven days.
Here is how each offer could play out on the Kentucky Derby:
- If you bet $10 on Renegade to win and he finishes off the board, you still receive $50 in bonus bets under the Bet $10, Get $50 offer.
- If you place $500 on Commandment at 8-1 under the Safety Net offer and he fails to hit the board, bet365 refunds $500 in bonus bets.
- If your Safety Net bet wins, you keep your stake and all profits with no strings attached.
Key terms to keep in mind: the Bet $10, Get $50 offer requires a minimum first bet of $10 at odds of -500 or greater. The Safety Net applies only to your first cash wager. Bonus bets from either offer expire after seven days and are not redeemable for cash directly. Neither offer is available to bettors located in Ontario.
Best bet365 Kentucky Derby Boosts
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Check out all bet365 odds and profit boosts for today.
How to Claim Your bet365 Welcome Offer for the Kentucky Derby
Signing up and claiming your welcome offer takes only a few minutes. Follow these steps to get started ahead of the 2026 Kentucky Derby:
- Register: Download the bet365 app or visit the website. Create a new account and enter bet365 bonus code COVERS during registration. Complete the identity verification process by providing the required personal details.
- Deposit funds: Add funds to your account using Interac e-Transfer, Visa, Mastercard, debit card, or another accepted payment method. If you are claiming the Bet $10, Get $50 offer, a minimum deposit of $10 is sufficient. If you plan to use the $1,000 First Bet Safety Net, deposit the full amount you intend to wager to maximize the offer.
- Place your first bet: Wager at least $10 on the Kentucky Derby or any eligible market at odds of -500 or longer. For the Safety Net, place your first cash bet of up to $1,000 on any eligible market, including Derby win, place, or exotic wagers.
- Collect your bonus bets: If you chose the Bet $10, Get $50 offer, your $50 in bonus bets will be credited win or lose. If you chose the Safety Net and your bet loses, your stake will be refunded in bonus bets within a short processing window. All bonus bets are valid for seven days.
For a full breakdown of the platform, visit the bet365 review.
More bet365 Sportsbook promos, bonuses, and offers
- Basketball Early Payout Offer: Get your single bets paid out if the team you back goes 18 points ahead - for multiple bet,s the selection will be marked as a winner!
- Boosted Odds Every Day: Profit boosts on a wide range of sports!
- 100% Parlay Boost: You can now double your winnings on parlays across a range of sports and competitions!
bet365 Responsible Gaming Features
bet365 provides a comprehensive set of tools designed to help users maintain healthy gambling habits. Bettors can set daily, weekly, or monthly limits on deposits, spending, and individual wager amounts, giving them direct control over how much they commit to the platform at any given time. The legal betting age is prominently displayed throughout the registration process.
The platform also offers educational resources to help users recognize the warning signs of harmful gambling behaviour. Bettors can take a self-assessment at no cost to evaluate their own habits and determine whether adjustments may be warranted.
One standout feature is the ability to set time limits on your betting session. This tool allows users to cap the amount of time spent on the platform during a defined period, helping keep the experience enjoyable without losing track of time or budget. Sportsbooks that actively promote time-limit tools demonstrate a genuine commitment to player well-being. Additional responsible gaming resources are available directly through bet365.
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