Bet365 Bonus Code COVERS: Get $200 Bonus Bets for Timberwolves vs. Grizzlies, NBA Monday Matchups

Get $200 in bonus bets with bet365 bonus code COVERS when you bet $5 on Timberwolves vs Grizzlies Monday. Win or lose offer available.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 2, 2026 • 16:10 ET • 3 min read

The Memphis Grizzlies and Minnesota Timberwolves face off again Monday after the Timberwolves dominated Saturday's matchup 131-114. New sports bettors can capitalize on this rematch with the bet365 bonus code offer that delivers $200 in bonus bets when you wager just $5. This Monday, Feb. 2 promotion requires the bonus code COVERS in most states or CVSBONUS in Colorado, Illinois, Missouri, New Jersey, Pennsylvania and Tennessee. Whether you back the surging Timberwolves or the injury-depleted Grizzlies looking to snap their six-game losing streak, you'll receive bonus bets regardless of your wager's outcome.

Take advantage of current sportsbook promos before tip-off.

Bet365 Logo

Bet $5, Get $200, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)

Bet365 bonus code delivers $200 for Timberwolves vs Grizzlies

The bet365 bonus code promotion offers exceptional value for Monday's Timberwolves-Grizzlies rematch. After registering with code COVERS or CVSBONUS in select states, new users must make a minimum $10 deposit and place a $5 qualifying wager within 30 days. The initial bet must include at least one selection with odds of -500 or greater to activate the bonus.

Key terms include:

  • Bonus bets expire seven days after issuance
  • Available to legal gambling age residents in eligible states
  • Qualifying bets must settle within seven days of claiming
  • Partial cash-outs only count remaining active portions

If you bet $5 on Minnesota to continue their four-game winning streak and they cover the spread, you'll receive your original winnings plus $200 in bonus bets. Should Memphis pull off the upset behind Ty Jerome's return from injury, you still collect the full $200 bonus despite the losing wager. This structure makes the Grizzlies' desperation particularly appealing, as they've lost 13 of their last 16 games while dealing with injuries to Ja Morant and Jaren Jackson Jr.


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

Best bet365 NBA Boosts

bet365 All Users

  • 30% boost for a 3+ leg NBA SGP

bet365 odds for Timberwolves vs Grizzlies


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How to claim your bet365 bonus for Monday's game

Claiming your bet365 welcome offer for Timberwolves vs Grizzlies requires four simple steps:

  1. Register for a bet365 account using bonus code COVERS or CVSBONUS in applicable states during the sign-up process
  2. Make a qualifying deposit of at least $10 using your preferred payment method
  3. Place your first $5 wager on any betting market with odds of -500 or greater within 30 days of registration
  4. Receive $200 in bonus bets regardless of your initial wager's outcome, with credits arriving after bet settlement

Your bonus bets become available immediately after your qualifying wager settles and can be used on any sports market. Remember that bonus credits expire seven days after issuance, so plan your follow-up wagers accordingly. For complete details about this promotion and betting options, check out our comprehensive bet365 review.


More bet365 Sportsbook promos, bonuses, and offers

  • NFL Early Payout Offer: Get your straight bets paid out if the team you back goes 17 points ahead - for parlays, the selection will be marked as a winner!
  • 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!

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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

When he’s not making data-driven betting decisions or breaking down NHL matchups, you’ll find Luc on the ice, hitting the tennis courts, or engaging in some other form of exercise — staying connected to the sports he loves.

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