Bet365 Review – can you profit from 365Bet?

Bet365 is an online gambling company based in the UK. It operates in more than 200 countries and has a wide variety of sports for betting. Here’s my Bet365 review..

The Good

  • Reliable: Bet365 is one of the oldest and biggest online sports betting platforms
  • There is a wide range of sports bets as well as other types of gambling
  • The minimum deposit amount is quite low
  • The minimum bet amount is also very low, so you can make small bets
  • You can track your activity to understand how much time and money you are spending when you use Bet365.
  • You can add limits to ensure that you don’t spend too much money.

The Bad

  • The prices are volatile and if you do not complete your bet slip quickly you may not get the odds you want.
  • Bets can take a while to settle on days when there are a lot of games going on.
  • When you win, it could take a while before you have access to your money.
  • Gambling is still gambling – there could be better ways to spend your money. Risk of getting addicted or going into debt.

Verdict: If you enjoy gambling and can do it responsibly, Bet365 is a great platform to use. I prefer to build up my Emergency Fund and invest my money to build long-term wealth.

Introduction

Bet365 is a UK platform that has been in operation since 2000. It can be accessed in more than 200 countries and is one of the oldest and largest online gambling platforms.

The website and phone apps are easy to use with a number of ways of depositing money to your account. Users can bet on a large number of sports. New users are given bet credits and regular users can receive free bet credits and take advantage of other promotions.

CaptainFI is not a Financial Advisor and the information below is factual review information, not financial advice. This website is reader-supported, which means we may be paid by advertising on the site, or when you visit links to partner or featured sites. For more information please read my Privacy PolicyTerms of Use, and Financial Disclaimer.

bet365 review, bet365 logo

What is Bet365?

Bet3651 is an online gambling company that allows you to bet on a large number of sports. It has been operating since 2000. It also offers an app as well as the online platform.

How does Bet365 work?

You will need to register with Bet365 before you can use it. You will need to have some proof of identity in order to use this online sportsbook. Once you have an account, you will need to deposit money into your account so that you can place a bet.

“If you want to gamble, so be it, but when it gets to the stage where gambling is the only thing you are thinking of and it is affecting your life, that’s when you need to put a hold on it.”

Adebayo Akinfenwa

How do you place bets?

First of all, you will need to choose the sports that you want to bet on. You will find a list on the left side of the screen. Once you have clicked on the sport, you will see your betting options. You can click on the odds2 for the bet you want and then you can click on ‘Set Stake’ and input the amount that you want to bet. When you do this, you will be able to see the amount you would receive if you won. If you are satisfied with this, then you can click on the Place Bet button to make the bet.

bet365 review, horse racing
Bet365 gives you the option of betting on a large number of major sports, from horse racing, soccer games and Australian rules to Rugby Union, English premier league, college basketball and gaelic sports.

Where is Bet365 based?

Bet365 is a British online gambling site that was founded by Denise Coates3. Denise and her brother are still majority shareholders.

How many countries does Bet365 operate in?

Bet365 operates in over 200 countries, but the features are not the same in every country as each country has different gambling laws.

What are bet credits?

Bet credits are given to new customers and they allow you to make a bet without using your own money. You have to make a qualifying deposit in order to claim your bet credits. To release your bet credits for use you need to place a qualifying bet to the value of the bet credit.

Once the qualifying bet is placed and settled, you can use the bet credit. You cannot withdraw bet credits. You can only use them for gambling and if you win using your bet credits, the amount of the bet credit will be deducted from your winnings. You will lose your bet credits if you don’t use your account for 90 days.

bet365 review
It is easy to make a deposit to Bet365 as they have a number of different payment methods.

How do you make a deposit?

It is easy to make a deposit to Bet365 as they have a number of different payment methods. Bet365 accepts all major credit cards and direct bank transfers as well as Google Wallet, Apple Pay, and PayPal.

There will be some differences depending on the country that you are in. To deposit funds, you must log in to your account and click on the bank. There you can see your balance and deposit and withdraw funds. Click on the deposit tab and you will then be able to follow the instructions to make a deposit. It is very straightforward. For more detailed instructions, see this website4.

Do you have to use a credit card?

You do not need to use a credit card. You can make a transfer to Bet365 through online banking or by using PayPal.

What are the features (advantages) of Bet365? 

  • Bet365 is one of the oldest and biggest online sports betting platforms, so you know that it is reliable.
  • There is a wide range of sports bets as well as other types of gambling, such as online casino games, depending on the country you are in.
  • The minimum deposit amount is quite low which means that sports bettors who do not want to spend much money can still use Bet365.
  • The minimum bet amount is also very low, so even if you do not have much money in your Bet365 account, you can still enjoy gambling. Of course, the minimum bet amount will vary according to country.
  • You can track your activity to understand how much time and money you are spending when you use Bet365.
  • You can also add limits to ensure that you don’t spend too much money.
bet365 review, sports betting
Bet365 is one of the oldest and biggest online sports betting platforms, so you know that it is reliable.

What are the drawbacks (disadvantages) of Bet365?

  • The prices are volatile and if you do not complete your bet slip quickly you may not get the odds you want.
  • Bets can take a while to settle on days when there are a lot of games going on. When you win, it could take a while before you have access to your money.
  • Gambling is still gambling – there could be better ways to spend your money. Risk of getting addicted or going into debt.

Do sites like Bet365 encourage or promote gambling?

If a country has laws that make gambling sites post a warning about the dangers of gambling, it will do so. However, online gambling sites make their money from gambling, so it is in their interests to encourage it. 

It is possible to create deposit limits and you can set up time-out limits to manage your spending on Bet365, but this is voluntary. If you think you might be gambling too much, see How to Stop Gambling5 for some advice.

“There are many harsh lessons to be learned from the gambling experience, but the harshest one of all is the difference between having Fun and being Smart.”

Hunter s. Thompson

Can you make a profit from Bet365?

It is said that some of the features of Bet365 can help you to make a profit. First of all, Bet365 offers credits and occasional free bets, so this could help you. The writer at Sports Smart Betting6 outlines some of the ways that he claims to make money with Bet365. This shows it is possible for some, but personally, I prefer to make money online in other ways, such as by buying and selling websites. You can check out my review of the eBusiness Institute HERE.

Is it worth it to join Bet365?

If you are interested in online sports gambling, or playing casino games, then Bet365 is a good choice. It is one of the largest online platforms, so you will be able to trust that it functions the way it should. The offers of credits and free bets make it very attractive. It also gives you the option of betting on a large number of major sports, from horse racing, soccer games and Australian rules to Rugby Union, English premier league, college basketball and gaelic sports.

Every gambling site has different features, so it’s worth looking at the features in Bet365 to see if it is suitable for you.

Conclusion

The online gambling industry is huge in many countries and while gambling in itself can cause a problem for some, it’s also a very popular pastime that many people enjoy responsibly. You can check out my review of BonusBank which covers profiting from matched betting too.

Bet365 has been operating since 2000 and is one of the oldest and largest online sports betting platforms. Users can bet on a large number of sports with Bet365. It is UK based, but operates in more than 200 countries.

The features differ slightly across countries. It takes very little time and effort to make an account and it is very easy to use. Users can bet using the website or phone app. Adding money to your Bet365 account is easy and it has a low deposit minimum and also a low minimum bet amount. New users are given bet credits and they are sometimes given to regular users as well.

If you are looking for an online sports gambling platform, it might be worth giving Bet365 a try – just make sure you don’t get yourself into debt doing it.

CaptainFI is not a Financial Advisor and the information below is factual review information, not financial advice. This website is reader-supported, which means we may be paid by advertising on the site, or when you visit links to partner or featured sites. For more information please read my Privacy PolicyTerms of Use, and Financial Disclaimer.

Reference List:

1.   Bet365. Accessed online at https://www.bet365.com/ on 23 Nov, 2022.

2.   ‘The Math Behind Betting Odds and Gambling’. Shehryar Sohail. Updated 01 April, 2022. Accessed online at https://www.investopedia.com/articles/dictionary/042215/understand-math-behind-betting-odds-gambling.asp on 24 Nov, 2022.

3.   ‘Profile: Denise Coates’ Forbes. Accessed online at https://www.forbes.com/profile/denise-coates/?sh=3a6432a65ff8 on 24 Nov, 2022.

4.   ‘Bet365 Payment Methods’. British Racecourses. Accessed online at https://www.forbes.com/profile/denise-coates/?sh=3a6432a65ff8 on 24 Nov, 2022.

5.   ‘7 Ways to Stop Gambling and Save Money’. Steve Rose. Accessed online at https://steverosephd.com/how-to-stop-gambling/ on 26 Nov, 2022.

6.   ‘Top 8 Bet365 Earning Tips, Tricks, & Winning Strategies 2022. Sports Smart Betting. Accessed online at https://sportssmartbetting.com/make-money-bet365-tips-trick-strategies/ on 27 Nov, 2022.

Moomoo banner
sharesightbanner
eBusiness institute banner thin
sharesightbanner

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *

sharesight