On the Los Angeles Lakers vs. Minnesota Timberwolves NBA gameCrypto.com Arena at 5:00 PM Pacific Time on October 29, 2025, bet365 Group Ltd. is rolling out a jaw-dropping promotion: bet $5 on the game and get $200 in bonus bets—no matter the outcome. It’s not a typo. And it’s only available for this one matchup. The offer, tied to the promo code NYPBET, was confirmed by Grabien, which republished the original report from the New York Post. This isn’t just another welcome bonus. It’s a targeted blitz on one of the NBA’s most anticipated early-season showdowns, and it’s putting pressure on every other sportsbook in the country.
Two Offers. One Company. Very Different Rules
Here’s the twist: bet365 Group Ltd. isn’t running just one promotion. Another, widely advertised offer through CBS Sports promises $150 in bonus bets for a $5 wager after a $10 deposit—using the code CBSBET365. But here’s the catch: that $150 bonus applies to any sport, from MLB to Wimbledon. The $200 offer? Only for the Lakers-Timberwolves game. And no deposit is required beyond the $5 bet. That’s the kind of difference that makes bettors pause—and check their email inbox twice.Why the discrepancy? It’s simple strategy. The New York Post partnership is a localized play. The Lakers are a national brand, but in New York, where the paper’s readership is strongest, they’re also a cultural phenomenon. This isn’t just about attracting new customers—it’s about owning the conversation around a high-stakes game. Meanwhile, the CBS Sports deal is a broad net: a general welcome bonus designed to pull in users across multiple sports and states. One’s a sniper rifle. The other’s a shotgun.
Who Can Claim These Bonuses?
Both offers require you to be a new customer at bet365 Group Ltd.. No existing accounts. No loopholes. And age matters. In nearly every state, you must be 21 or older. But in Kentucky, where the legal betting age is 18, that lower threshold applies. The CBS Sports article explicitly mentions this, and while the New York Post piece doesn’t, industry norms and regulatory compliance make it safe to assume the same rules apply.Both bonuses are awarded instantly after placing the qualifying $5 bet. No waiting. No fine print about rollovers. That’s the modern standard in sports betting: risk-free bets, not free spins. The $200 bonus is likely structured as five $40 bonus bets—each usable on future games, but not cashable. You can’t withdraw them. But you can win real money with them. And if you hit a longshot? That $200 could turn into $1,000 or more.
Why This Matters Beyond the Game
The NBA season is still young, but this game has all the makings of a classic. The Lakers, led by Anthony Davis and a revitalized roster, are looking to prove they’re title contenders. The Timberwolves, fresh off a deep playoff run, are one of the most balanced teams in the West. It’s not just a game—it’s a statement. And bet365 Group Ltd. knows it.This promotion reflects a broader trend: sportsbooks are no longer competing on odds alone. They’re competing on hype, partnerships, and psychological triggers. A $200 bonus for a $5 bet? That’s not just a deal. It’s a dare. It’s the digital equivalent of a casino putting a stack of chips in front of you and saying, "Go ahead, take it." And for many, especially those on the fence about betting, it’s enough to click "sign up."
Meanwhile, bet365 Group Ltd.’s customer service infrastructure—described by CBS Sports as frustratingly slow, with long hold times on 1-888-8-BET-365 and unhelpful chat bots—could become a liability if this promotion drives a flood of new users. What happens when thousands of first-time bettors hit a snag and can’t get help? That’s the hidden risk in these flashy offers.
What’s Next?
The clock is ticking. The game starts at 5:00 PM PT on October 29. After that, the $200 bonus disappears. The CBSBET365 offer may linger, but even those tend to expire quietly after a few weeks. Expect more event-specific promos in the coming weeks—NFL matchups, college football rivalries, even the World Series. Operators are learning: big games = big bets. And the bigger the bonus, the louder the buzz.For now, if you’re thinking about placing a bet on this Lakers-Timberwolves game, don’t just look at the spread. Look at the code. NYPBET. $5 in. $200 out. It’s not just a promo. It’s a moment.
Frequently Asked Questions
Can I use the NYPBET code on any game, or is it really only for Lakers vs. Timberwolves?
The NYPBET code is strictly tied to the October 29, 2025, Lakers vs. Timberwolves game at Crypto.com Arena. It won’t work on any other matchup, even if it’s another NBA game. This is a limited-time, event-specific promotion designed to capitalize on fan interest in this particular matchup. Other codes like CBSBET365 offer broader use, but NYPBET is exclusive to this one game.
Do I need to deposit money to get the $200 bonus?
No deposit is required beyond the $5 wager on the game. Unlike the CBS Sports offer, which demands a $10 deposit before the bonus unlocks, the NYPBET promotion only requires you to place a $5 bet on the Lakers-Timberwolves game. The $200 in bonus bets are awarded immediately after the wager is placed, regardless of win or loss.
Why is bet365 offering two different bonus amounts?
bet365 is using different media partners to target different audiences. The New York Post’s NYPBET code targets basketball fans in high-engagement markets, especially New York, with a high-value, time-sensitive offer. The CBS Sports code is a general acquisition tool, designed to attract users across multiple sports. The $200 offer is a premium, limited-time hook; the $150 is a standard welcome bonus meant to build long-term usage.
Are bonus bets cashable?
No, bonus bets are not cashable. They function as free wagers—you can use them to place bets on future events, and if those bets win, the winnings (not the bonus amount) are paid out in real cash. For example, if you use a $40 bonus bet on a 3-to-1 underdog and it wins, you get $160 in real money, but the original $40 bonus is gone. This is standard across the industry.
What if I live in a state where sports betting is illegal?
You must be physically located in a state where bet365 is licensed to operate to claim either bonus. As of 2025, that includes over 30 states, including California, New York, and New Jersey. Geolocation is required at sign-up and when placing bets. Attempting to access the promotion from an unregulated state will result in account suspension or forfeiture of bonuses.
Is there a deadline to claim the NYPBET bonus?
The only deadline is the game’s start time: 5:00 PM Pacific Time on October 29, 2025. Once the tip-off happens, the offer expires. There’s no grace period. If you’re reading this after the game has started, the bonus is no longer available. Unlike some promotions with multi-day windows, this one is tied precisely to the event—making it a true flash deal.
