Bet365 Bonus Code COVERS: Claim $150 Bonus for Michigan vs. Illinois, NCAAB Games

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Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 27, 2026 • 17:10 ET • 3 min read

Michigan stands one win away from claiming its first outright Big Ten title since 2021 when the No. 3 Wolverines face No. 10 Illinois on Friday night. New bettors can capitalize on this marquee matchup with the bet365 bonus code COVERS or CVSBONUS (in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee) to unlock $150 in bonus bets after placing just a $5 wager. This welcome offer is available through Feb. 27, making it perfect timing for one of the biggest games in college basketball.

Don't miss out on other sportsbook promos available for this exciting Big Ten clash.

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Bet $5, Get $150, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)

bet365 bonus code delivers $150 in bonus bets for Michigan vs Illinois

The bet365 bonus code offer provides new users with $150 in bonus bets after placing their first $5 wager, win or lose. This promotion requires entering either COVERS in most states or CVSBONUS in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee during registration. After making a minimum $10 qualifying deposit, bettors can place their first $5 wager on any market, including Michigan vs Illinois betting options.

Key terms and conditions include:

  • Initial wager must contain at least one selection with odds of -500 or greater
  • Bonus bets expire seven days after being issued
  • Qualifying bets must be placed within 30 days of account activation
  • Bonus funds can be used on any sports market

For example, if you bet $5 on Michigan to cover the spread against Illinois and win, you'll receive your original stake plus winnings, along with $150 in bonus bets. If your wager loses, you'll still receive the full $150 in bonus bets to use on future games. This makes Friday's Big Ten showdown an ideal opportunity to test the waters with Michigan's championship aspirations or Illinois' upset potential.

What our experts say about Michigan vs. Illinois

Although both teams have an elite offense, it's the Wolverines that have the clear edge in terms of defense.

Illinois ranks dead-last in the country in opponent turnover rate, despite Michigan's less-than-stellar rate themselves. Home court advantage may not be enough for Illinois to offset the Wolverines' defensive edge.

Get our expert Michigan vs. Illinois picks from Betting Analyst Rohit Ponnaiya.


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

  • Get a 50% boost for a 3+ leg NBA SGP

Live bet365 odds for Michigan vs Illinois

These odds update every 5 minutes.


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How to claim your bet365 bonus code promotion

Claiming your bet365 welcome offer for the Michigan vs Illinois game follows a straightforward process. Here's how to get started:

  1. Register for a new bet365 account using bonus code COVERS or CVSBONUS in select states
  2. Make a minimum qualifying deposit of $10 to activate the promotion
  3. Place your first $5 wager on any market, including Michigan vs Illinois betting options
  4. Receive $150 in bonus bets regardless of whether your initial wager wins or loses

The bonus bets will be credited to your account after your qualifying wager settles and can be used on any available sports market. Remember that bonus bets expire seven days after being issued, so plan your wagering strategy accordingly. For more detailed information about this operator, check out our comprehensive 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!
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  • 100% Parlay Boost: You can now double your winnings on parlays across a range of sports and competitions!

bet365 responsible gaming features and player protection

bet365 sportsbook provides comprehensive tools and resources to promote responsible gambling among its users. Players can establish daily, weekly, or monthly limits on deposits and spending, as well as set limits for individual wagers. These features help bettors maintain control over their gambling activities while enjoying the entertainment value of sports betting.

The platform clearly displays the legal betting age during registration and offers educational resources to help identify warning signs of problematic gambling behavior. Bettors can access a complimentary self-assessment test to evaluate their gambling habits and determine if they need additional support or intervention.

One standout feature is the ability to set time limits on your betting profile, allowing users to control how much time they spend on the platform during specific periods. This proactive approach helps players stay within their budget while maintaining an enjoyable betting experience. Online sportsbooks that prominently feature time limits demonstrate a commitment to responsible gaming practices. Additional responsible gaming resources are readily available through bet365's platform to support player wellbeing.


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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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