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BetRivers Sportsbook Bonus: Step-by-Step Guide to BetRivers Bonuses & Promo Codes

James Leeland
Fact checked by: Jim Knight
Last Updated on 22.05.2024

When you join BetRivers as a sportsbook, you will find yourself awash with promos and bonuses. Our favourite was the sign-up 2nd Chance Bet, which was applied with the BetRivers promo code.

When signing up to a new site, you always want to make sure that the welcome bonus is worth your time and you want to know if there are any tricks or tips to using it that the sportsbook doesn’t tell you. Here you get all the info you need to decide if it’s the one for you.

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The BetRivers Welcome Bonus

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The BetRivers welcome bonus is a ‘2nd chance bet bonus’ in which new account holders can make their first bet, and if it loses, the platform returns your stake to you in the form of a bonus bet credit to use. You do need to bet a minimum of $10 to be eligible, and they will honour any stake up to $500 so it’s pretty hefty from our point of view!

Some states do have a $100-$250 limit, so check beforehand. You’ll need to wager your bonus bet credit once on odds of 2.2 or more, within a 30 day period, before you can withdraw any winnings from it, but you can play it on any sport.

All in all it’s a good offering from BetRivers – the simplicity of being able to play on any sport, the length of time you have to play any bonus bet and the flexibility of how much you can wager are all strong positives in our book. This is refreshingly simple compared to other betting bonuses and promotions out there.

However, if your first bet wins, then you don’t get any bonus at all. We definitely prefer sign up bonuses that give you something a bit more certain – say a match deposit bonus.

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Getting Started with the BetRivers Bonus

You can get the BetRivers bonus when you sign up for the site, and you will need to check that it is available in your state and that you have the correct BetRivers promo codes.

  1. Register With the Site: You can do this on the website or the app, which takes about 5 minutes to verify. If you want to know more about signing up with the operator, please click here for our BetRivers sportsbook review.
  2. Log On: Once you have created your account, you must log on to the platform.
  3. Promo Code: When prompted, enter the promo code to access the bonus. To double check you have the right BetRivers bonus codes for the offers you are interested in for your state, you can look at the promotions page of the site.
  4. Deposit: You need to select your preferred deposit method and deposit from $10 up to $500.
  5. Choose Your Wager: Place your bet with a stake between $10 and $500 on anything you fancy. There are no restrictions on your initial bet. If you win, great! If you lose, the code activates and BetRivers will give you a matching free bet as site credit into your account within 24 hours.
  6. Use the Bonus: The BetRivers bonus bet allows you to bet on various sports with the only restriction being that it has to be used on odds of 2.2 or greater.

How to Make the Most of BetRivers Welcome Bonus

BetRivers operates across multiple US states and the welcome offer does change slightly between them. For instance, in Arizona the welcome bonus bet credit is up to $100 and in Colorado it is $250. So make sure you use the right code for your area or you won’t get the bonus at all.

Consider Your True Betting Budget

BetRivers bonuses like the welcome offer can be generous, but the max match might be much more than you normally bet. Consider how much you actually are able to bet and don’t chase after the highest free bet match available if it’s not in your normal budget.

Take Your Time

New bettors commonly want to place bets as soon as they get onto a platform, especially if there is a welcome bonus with a time limit. However, you have 30 days to use your bet credit once it has gone into your account, so there is no need to rush. We advise you to look into upcoming events in the next few weeks and assess which ones may be best to bet on. This will help you to keep your head and bet on your strengths.

Consider Multiple Sports

This BetRivers bonus is generous in that it is 100% of your initial stake, but you can’t divide it up over multiple stakes – the bonus bet has to be all on one stake with odds of 2.2 or higher. You may find that you can’t meet these requirements in the sports you often go for, so have a look at sports you might not have considered before and you may find it easier to meet the restriction.

Be Adventurous with Your First Bet

You don’t have any restrictions on your first bet, and if it loses you get your stake returned to play with minimal requirements. It could be a good opportunity to explore a new bet; just remember that even if you go for a riskier bet, do your research to ensure it’s an informed one. If you lose, you can try again with relative ease and if you win – fantastic!

FAQs about BetRivers Bonus

📝 Can you use the BetRivers sign-up bonus without signing up?

Simply put, no, you cannot. To get the BetRivers bonus or 2nd chance bet, you have to have signed up to the platform and be registered.

👛 Which payment methods are available for the 2nd chance bet bonus?

This platform allows you to put your deposit into your account using debit/credit cards, PayPal, and the Discover Card, as well as some other online methods. This may vary from state to state, so check the Ts and Cs in your state for which methods you can pay in with.

☝️ Is the BetRivers sign-up bonus worth using?

We think so as if you are new to using the platform, or you are new to betting it provides the freedom to explore the site and try something new. It’s also a pretty generous bonus which makes it stand out among other sportsbooks.

🎾 Which sports can I bet on with this bonus?

The good news is that you can use this 2nd Chance Bet to place a wager on all major US sports, such as the NFL, NBA and MLB. This may vary from state to state, so please check before you bet.

⏳ When does the BetRivers welcome bonus expire?

The BetRivers 2nd chance bet bonus has been in place for a while and it is unlikely to end anytime soon. You have 30 days to place your bonus bet credit once it reaches your account.

BetRivers Bonuses - Does the Offer Play Through?

Luckily, during our BetRivers promotions review, we found that this platform offers its loyal customers far more than a simple sign-up flutter. When you begin on the site, you are placed on the iRush Rewards system where you earn loyalty points for every wager you place. These points can move you up the levels where you gain access to special bonuses, gifts, discounts and so on.

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The final tier of this is the Elite tier, a status awarded to players and bettors who have been hand-picked by the sportsbook. This is the main promotion available on the BetRivers sportsbook, but they do have a few more:

BonusStore: When you place wagers on the site you gain Bonus Store Points, which are gained at the same rate as loyalty points in the tier program. You can gain more Bonus Store Points on bets with longer odds, or through playing the Prize Wheel and mini games. Your bonus points are kept in the Bonus Bank. These points can then be exchanged in the Bonus Store for bet credits, bonuses, prizes and so on. What’s available tends to change so you shouldn’t get bored of the options.

Daily Odds Boosts: These can be found under the ‘house specials’ tab on the website – each day they will pick a game and give it an odds boost.

Weekly Profit Boosts: Most days of the week there is a profit boost particularly to a sport, for instance every Friday there is a 20% NHL profit boost and every Thursday during the college basketball season there’s a 20% NCAAB profit boost. The nice thing about these is that you can choose which game to apply them to. Sports Bonus

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In our opinion, this 2nd Chance Bet Bonus ticks many boxes for new bettors and even those who have been betting for a long time. It is simple to claim when you sign up and is very generous with the 100% refund on money lost on the sportsbook. We found that across all states, the minimum deposit to claim this BetRivers offer is $10, and it covers all of the mainstream sports that are on the site. This has solidified BetRivers as one of the best online betting sites for new players.

Assuming that the stake is over $10 and is up to $500, you have the freedom to choose how much you put down. If you win, you get the money back, and if you lose, the refund for the stake is kept in your betting pot to use elsewhere on the site. This is standard and is nothing to worry about, and we’ll show you how the bonus went for our experts.

An Easy Bonus to Set Up with BetRivers Promo Codes

To try this bonus out, we registered with BetRivers, and we saw the prompt to enter the bonus code. We put the promo code in for our state, and we then put in a $10 deposit. The entire sign-up and verification process took about 5 minutes. We quickly found a bet that we wanted to make and staked our $10. After our bet was lost, the stake entered our account as site credit within 24 hours. There was no unpredictability and no chasing up the bonus with the overseers of the site.

There were no major restrictions noted on the sports it applied to, but we did note that it put forward NFL and NBA games as the preferred option. We used the bonus in the time frame (before the 30 days were up) and made sure we used it on a bet that had odds of 2.2. We didn’t have any trouble at all.

Withdrawals of Winnings: Stake Returned

With most betting bonuses, especially welcome or sign-up ones, it is not unusual to have restrictions in place that prevent withdrawals. However, the nice thing about this BetRivers offer is that you only have to play your bonus credit once on odds of 2.2 and then if your bet wins, you can withdraw your winnings. They don’t make it any more complicated than that.

Given that this is a second chance bet rather than a free bet – you get your initial stake back as well as your winnings. If it was simply a free bet, then you would only get your winnings and the initial stake would be returned to the bookie. The funds entered our account and we were easily able to withdraw them back to a card.

A Striking Sign-Up Bonus with Simple-To-Understand Terms

As bonuses and sign-up options go, this was one of the easiest to understand, so you won’t have to worry about many fine print details that might catch you off guard. We would say that, as this platform has periodic bonuses, before you place any bets using the 2nd Chance bonus, ensure there are no conflicting bonuses already in operation.

Then just be sure to use the bonus when it appears in your state within 30 days of creating an account on the platform, and make sure that you use it on a bet with 2.2 odds or greater. Remember that you can use the bet to put a wager on the majority of popular sports on the site. That said, BetRivers does very well on large American sports and tournaments, so if you are a fan of the NBA, we would recommend playing with this bonus in that area, as that’s where you’ll find a lot of options to meet those odds.

Our Verdict? Get Started with BetRivers

We have seen our fair share of welcome or sign-up bonuses across all manner of sportsbooks and we really liked the simplicity of the BetRivers welcome bonus. It’s straightforward to use with low wagering requirements. 2.2 or greater odds is a little on the high side for a welcome bonus, but not massively so and given that you can use it on any sport or market on the site, it should be easy to meet.

As we had used the promo code on sign up everything else was done for us and the site credit acted like any other funds – there was no awkward hoop to jump through to get our money. Plus, we had plenty of time to use our bonus, compared to other offers that allow only up to two weeks. If you want to dip your toe into the world of online betting, or you simply want to try out the platform, the BetRivers bonus is easy to understand and simple to use, so you can focus on some fun.
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Second chance bet: Get up to $500 in Bonus Bets
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Is The BetRivers Promo Code Bonus a Great Welcome?

There are few betting platforms that offer a second chance bet as generous as BetRivers – we really liked how flexible it was; you can use it on any sport and that the wagering requirements weren’t too arduous, especially for a 30 day period. We did think that it would be better if it was possible to split the bet credit over several wagers, and this would also give you more chance to explore the bets and markets on the site. However, overall it’s a decent offering from BetRivers and one that should appeal to people with any kind of budget.

Sportsbooks with loyalty programs rarely invest in other types of promotions and BetRivers is no exception – it would be nice to see more. However the boosts are frequent and large, and the bonus and loyalty points are easily earned and can lead to exciting prizes which might appeal more to some. Why not have a look for yourself and sign up today.
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Second chance bet: Get up to $500 in Bonus Bets
T&Cs apply, 21+
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BetRivers Bonus FAQ

🔤 Do I need a promo code to activate this bonus?

When you sign up for an account with BetRivers, you must enter a promo code to get the 2nd Chance Bet bonus. You will need to check that you have the right code for the bonus to apply in the state you are in. It can be found on the promotions page of the website.

💲 Are there any wagering requirements for the welcome/ sign-up bonus?

For this bonus to work, you need to place a minimum of $10 and a maximum of $500 in your account. You can also only bet the bonus bet on sports that have a 2.2 odds or greater.

🥳 Are there a lot of bonuses on BetRivers?

This platform updates its bonuses and promos regularly, but the main draw is its iRush System and Bonus Point system; the more you bet, the more rewards you will get access to.

❎ Are there restrictions on my first bet?

You must place a stake between $10 and $500 for your first bet, but other than that there are no restrictions – it can be on any sport and with any odds.

🏅 Can I claim this bonus if I am already signed up to BetRivers sportsbook?

Sadly, you can’t. If you have already signed up for an account with BetRivers and you did not prompt the bonus during the registration, it cannot be reclaimed.

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