Bet365 Bonus Code COVERS: Get $200 in Bonus Bets for Oregon vs. Indiana

Claim your bet365 bonus code COVERS offer for Oregon vs Indiana Peach Bowl. Bet $5, get $200 in bonus bets win or lose on Friday's CFP semifinal.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 9, 2026 • 19:04 ET • 3 min read
Photo By - Use bet365 bonus code "COVERS" to Bet $5, and get $200 bonus bets, win or lose on your first bet. - IMAGN IMAGES

The College Football Playoff semifinal between No. 1 Indiana and No. 5 Oregon at the Peach Bowl on Friday presents an excellent opportunity to claim the bet365 bonus code offer. New users can secure $200 in bonus bets by placing just a $5 wager on this highly anticipated rematch. Use bonus code COVERS in most states or CVSBONUS in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee to unlock this $200 welcome bonus.

This promotion joins other competitive sportsbook promos available for Friday's clash between the Hoosiers and Ducks at Mercedes-Benz Stadium.

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 Oregon vs Indiana

The bet365 bonus code promotion provides new customers with $200 in bonus bets after placing a qualifying $5 wager on any sports market, including Friday's Peach Bowl semifinal. This offer requires using the bonus code COVERS during registration in most states, while users in Colorado, Illinois, Missouri, New Jersey, Pennsylvania, and Tennessee should enter CVSBONUS instead.

Key terms for this promotion include a minimum $10 deposit requirement and a 30-day window to place the qualifying bet. Your initial wager must include at least one selection with odds of -500 or greater to activate the bonus. Whether you bet on Indiana to complete the season sweep or Oregon to avenge their October loss, you'll receive the full $200 in bonus bets regardless of your wager's outcome.

For example, if you place $5 on Indiana to cover the spread and the Hoosiers win, you'll collect your original winnings plus $200 in bonus bets. If Oregon covers instead and your bet loses, you'll still receive the complete $200 bonus. The bonus bets expire seven days after being issued and can be used on any available sports markets.


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 CFB Boosts

bet365 All Users

50% boost for a 3+ leg Oregon vs Indiana SGP

bet365 odds for Ducks vs Hoosiers


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How to claim your Oregon vs Indiana betting bonus

Claiming your bet365 welcome offer for Friday's College Football Playoff semifinal requires completing these simple steps:

  1. Register for a new bet365 account using bonus code COVERS or CVSBONUS depending on your state
  2. Make a qualifying deposit of at least $10 to activate the promotion
  3. Place a $5 wager on any sports market, ensuring at least one selection has odds of -500 or better
  4. Receive $200 in bonus bets within seven days, regardless of your initial wager's result

The Oregon vs. Indiana rematch offers numerous betting opportunities, ranging from traditional point spreads to player props featuring Heisman winner Fernando Mendoza and the Ducks' explosive offense. Read our comprehensive bet365 review for additional details about this sportsbook's features and betting options.


More bet365 Sportsbook promos, bonuses, and offers

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Luc LeBlanc
Content Editor

Luc has been keeping up with various realms of the sports world since a young age, playing an abundance of competitive sports as a child, and is still going strong as a hockey player to this day. Having been involved with sports media and the sports betting world for two years and graduating from university in 2025, he ultimately chose to pursue a career in sports media.Luc has over five years of experience in sports betting across a wide range of professional sports and has been providing valuable insights since debuting in the field as a sports betting expert with various publications in 2023. He has a wide base of sports knowledge, though his favorites are undoubtedly hockey and tennis – always staying up to date with the NHL and following the ATP and WTA tours.When betting, Luc always does his due diligence, analyzing trends and finding value by recognizing and linking valuable props to other probable outcomes.

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