The 2026 Kentucky Derby is shaping up to be one of the most wide-open Run for the Roses in recent memory, with no clear-cut favorite and a deep field of contenders heading to Churchill Downs. New bettors looking to get in on the action can use a bet365 bonus code to choose between two strong welcome offers: a Bet $10, Get $50 win or lose bonus or a $1,000 First Bet Safety Net.
As of May 2, these sportsbook promos are available to new Canadian users outside of Ontario.
Bet $10, Get $50, or a $1K First Bet
bet365 Bonus Code Offers for the 2026 Kentucky Derby
To unlock either welcome offer, new users must enter the bet365 bonus code COVERS at registration. Both offers are available exclusively to new Canadian bettors of legal gambling age, and neither is available to Ontario residents. Here is a breakdown of each option:
Bet $10, Get $50 Win or Lose: Deposit a minimum of $10, then place a first cash wager of at least $10 on odds of -500 or longer. Regardless of the outcome, bet365 will credit your account with $50 in bonus bets, valid for seven days. This is a straightforward and low-commitment way to get started. For example, if you place $10 on Kentucky Derby morning-line favorite Renegade and he gets caught in traffic and finishes off the board, you still walk away with $50 in bonus bets to use elsewhere.
$1,000 First Bet Safety Net: Deposit enough to cover your intended first wager, up to $1,000. If that first bet wins, you keep the stake and the profit. If it loses, the amount is refunded in bonus bets valid for seven days. As an example, a $500 wager on closer Commandment at a strong price could return significant profit if he runs down the field in the stretch. If he falls short, you receive $500 back in bonus bets. Key terms for both offers include:
- Code required: COVERS
- Minimum deposit: $10
- Bonus bets valid for seven days after being credited
- Not available to Ontario residents
- First bet must be placed at odds of -500 or longer for the Bet $10, Get $50 offer
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 before the horses hit the gate at Churchill Downs:
- Register: Download the bet365 app or visit the website. Create a new account and enter the bonus code COVERS during registration. Complete the identity verification process by providing the required personal details.
- Choose your offer: Decide whether the Bet $10, Get $50 or the $1,000 First Bet Safety Net is the right fit for your betting style before making your deposit.
- Deposit funds: Add at least $10 to your account using Interac e-Transfer, Visa, Mastercard, debit card, or another accepted payment method. If you plan to use the Safety Net offer at its full value, deposit accordingly.
- Place your bet: Make your first cash wager on the 2026 Kentucky Derby or any eligible market. For the Bet $10, Get $50 offer, wager at least $10 at odds of -500 or longer. For the Safety Net, your first bet of up to $1,000 is covered if it loses.
- Collect your bonus bets: After your first bet settles, bonus bets will be credited to your account within the promotional timeframe and will be 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 is committed to providing a safe and controlled betting environment for all users. The platform offers a range of tools that allow bettors to set daily, weekly, or monthly limits on deposits, spending, and individual wager amounts. These features are designed to help users stay within their personal boundaries and maintain a healthy relationship with sports betting.
For those who want to monitor their habits more closely, bet365 provides a self-assessment test that bettors can take at no cost. The platform also offers educational resources to help users recognize the warning signs of harmful gambling behaviour before it becomes a serious concern.
One standout feature is the ability to set time limits on your betting profile. This tool allows users to cap the amount of time they spend on the platform during any given period, helping to keep the experience enjoyable and within budget. Sportsbooks that actively promote time-limit tools demonstrate a genuine commitment to player well-being. Additional responsible gaming resources are also available directly through bet365 for users who need further support.
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