The bet365 North Carolina bonus codeTOPACTION will offer a choice between a $200 guaranteed bonus or a first bet insurance wager of up to $1K, if you're in North Carolina. If you're in nine other bet365 states, you'll pick between $150 or $1K insurance.

You just have to type in the bonus code TOPACTION — same code regardless of your offer and state — at sign up and place a first bet at the sportsbook of $5 or more with -500 odds or longer.

For those signing up at bet365 Sportsbook in its other 10 states, you can also use bet365 bonus code TOPACTION for the same choice of welcome offers, but the guaranteed bonus is worth $150.

Those states are AZ, CO, IA, IN, KY, LA, NC NJ, OH, and VA. You can use the modules placed in the article to hop aboard bet365 for this weekend's betting slate.

I'll draw out some more examples below on how to use both offer options along with a quick explainer to bonus bets at bet365 on Saturday.

So, let's recap. Once you sign up with the bet365 bonus code TOPACTION, you'll have a choice between two welcome offers that are designed to bank bonus value. Both of the following first bets need to be on odds of -500 or longer.

Bonus bets at bet365 come with a seven-day expiration date and are forfeited after use, regardless of the outcome of your wager.

You can use them in any amounts you want at bet365 whereas some books make you place them in finite increments.

When thinking in terms of expected value, it's wise to consider both the probability of winning and the potential payout. This is a key strategy to bonus betting at any sportsbook.

Yes, it is a longshot for the Hornets to win Saturday's game against the Sixers, but their chances of covering the spread or even securing an outright victory are not negligible. With odds of +460, a successful outcome would yield a substantial return on investment and boost your expected value.

This means the average outcome of a bet over the long term. It includes both the probability of winning and the associated payouts.

You can use our NBA live odds page to browse for picks that can enhance your return with bonus bets.

Here are the important points to know about this offer:

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, NC, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply.

Bet $5 and Get $150 in Bonus Bets at bet365. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply.

Must be 21+ and present in North Carolina. Full T&C apply. Gambling problem? Call 877-718-5543 or visit morethanagame.nc.gov