Third-ranked Michigan travels to Iowa City on Thursday night with a chance to make Big Ten history, becoming just the second conference team since 1976 to go unbeaten on the road. New users can capitalize on this historic matchup with the bet365 bonus code offer, which provides $150 in bonus bets after placing just a $5 wager. The promotion requires bonus code COVERS in most states, or CVSBONUS in Colorado, Illinois, Missouri, New Jersey, Pennsylvania and Tennessee.
This welcome offer is available through Thursday, March 5, making it perfect timing for sportsbook promos on this pivotal Big Ten showdown.
Bet $5, Get $150, Win or Lose
Code: COVERS
Code: CVSBONUS (CO, IL, NJ, PA & TN only)
bet365 bonus code delivers $150 for Michigan vs Iowa
The bet365 bonus code promotion offers new users $150 in bonus bets after placing their first $5 wager, regardless of whether that bet wins or loses. This makes it an ideal opportunity to back Michigan's quest for road perfection or support Iowa's upset bid at home. Users must enter bonus code COVERS during registration in most states, while Colorado, Illinois, Missouri, New Jersey, Pennsylvania and Tennessee residents should use CVSBONUS instead.
The offer requires several key conditions to activate properly:
- Minimum $10 qualifying deposit after registration
- Initial $5 bet must include at least one selection with odds of -500 or greater
- Bonus bets expire seven days after being issued
- Qualifying wager must be placed within 30 days of account activation
For example, if you bet $5 on Michigan to cover the spread and the Wolverines win by the required margin, you receive your original stake back plus winnings, along with $150 in bonus bets. If Iowa pulls off the upset and your Michigan bet loses, you still receive the full $150 in bonus credits to use on future wagers. The bonus funds can be applied to any sports market available on the platform, giving you flexibility to explore different betting options beyond college basketball.
What our experts say about Michigan vs. Iowa
Iowa plays at one of the slowest paces in the country, and its offense is heavily reliant on Bennett Stirtz, who is the only player averaging more than 11.0 PPG. The Hawkeyes are averaging just 65.6 PPG over their last five games while shooting 28.2% from deep over that span. They are coming off a 69-point performance against Penn State's atrocious defense and now face the Wolverines, who rank second in the country in adjusted defense.
The Hawkeyes struggle on the offensive glass and do a poor job getting to the line. This makes their offense unsustainable against a Michigan squad that defends at an elite level inside and out.
Get our expert Michigan vs. Iowa 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 |
All Users
Live bet365 odds for Michigan vs Iowa
These odds update every 5 minutes.
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How to claim your Michigan vs Iowa betting bonus
Claiming your bet365 welcome offer for the Michigan-Iowa game follows a straightforward four-step process that can be completed in minutes.
- Register for a new bet365 account using bonus code COVERS (or CVSBONUS in select states) during the sign-up process
- Make a qualifying deposit of at least $10 using your preferred payment method
- Place your first $5 wager on Michigan vs Iowa or any other eligible market with odds of -500 or greater
- Receive $150 in bonus bets within seven days, regardless of your initial wager outcome
The bonus credits will appear in your account automatically after your qualifying bet settles, giving you additional opportunities to wager on upcoming college basketball games or other sports. For more detailed information about terms and conditions, check out our comprehensive bet365 review.
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