The Orlando Magic face a challenging NBA Cup quarterfinal matchup against the Miami Heat on Tuesday, December 9, without their leading scorer Franz Wagner due to a high ankle sprain. New sports bettors can capitalize on this exciting playoff atmosphere with the bet365 bonus code COVERS, which delivers $150 in bonus bets after placing just a $5 qualifying wager. This welcome offer requires the bonus code COVERS in most states, though bettors in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee should use CVSBONUS instead. The $150 bonus offer provides excellent value for wagering on Tuesday's Heat vs Magic showdown, and it joins other competitive sportsbook promos available to new users.
Bet $5, Get $150, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
bet365 bonus code delivers $150 for Heat vs Magic betting
The bet365 bonus code COVERS unlocks a straightforward welcome offer that rewards new users with $150 in bonus bets regardless of whether their initial wager wins or loses. After registering with the appropriate bonus code and making a minimum $10 deposit, bettors need only place a $5 qualifying wager to activate the full bonus. The qualifying bet must include at least one selection with odds of -500 or greater, making most standard game lines and player props for the Heat vs Magic contest eligible.
Key terms for this offer include:
- Minimum $10 qualifying deposit required
- $5 minimum bet with odds of -500 or greater
- Bonus bets expire seven days after being issued
- Initial wager must be placed within 30 days of account activation
For example, if you bet $5 on the Magic to cover the spread against Miami and they win, you receive your original stake plus winnings, along with $150 in bonus bets. If Orlando fails to cover, you lose your $5 but still receive the full $150 bonus amount to use on future wagers.
Use the correct bet365 bonus code for your state
| bet365 Bonus Code | Eligible States |
| "COVERS" | AZ, IN, IA, KA, KY, LA, NC, NJ, OH, VA |
| "CVSBONUS" | CO, IL, MO, NJ, TN, PA |
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bet365 odds for Heat vs Magic
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How to claim your Heat vs Magic betting bonus
Claiming this welcome offer takes just a few simple steps before Tuesday's NBA Cup quarterfinal tipoff. Follow this process to secure your $150 in bonus bets:
- Register for a new bet365 account using bonus code COVERS (or CVSBONUS in select states)
- Make a qualifying deposit of at least $10 using any accepted payment method
- Place your first bet of $5 or more on any market with odds of -500 or greater
- Receive $150 in bonus bets within hours of your qualifying wager settling
The bonus bets can be used on any available sports market, including additional NBA Cup games, regular season matchups, or other sports entirely. Remember that bonus bets expire seven days after being credited to your account, so plan your wagering strategy accordingly. For more information about this operator's features and betting options, check out our comprehensive bet365 review.
More bet365 Sportsbook promos, bonuses, and offers
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