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BetRivers Promo Code April 2023: Up to a $500 Second Chance Bet

BetRivers possesses one of the most notable sportsbooks across the sports betting landscape, and its welcome offer for new users is equally compelling. Get up to $500 back in a second chance bet if the initial wager loses. New users can get back $10-$500 if their initial bet loses. Bonus bets will be in the account within 24 hours. Use promo code SPORTS upon sign-up to claim. Should you live in New York, you’ll get a $100 bonus bet offer instead. 

Note: The promo code information is for U.S. residents only

BetRivers US Promo Offers

Up to $500 in a second chance bet

Get up to $500 back in a second chance bet if the initial wager loses. New users can get back $10-$500 if their initial bet loses. Bonus bets will be in account within 24 hours. Use promo code SPORTS upon sign-up to claim.

Must be 21+. If you or someone you know has a gambling problem, call 1-800-GAMBLER. 

Terms and Conditions apply

Claim

BetRivers Overview

Pros
  • Large offering of alternative lines and props.
  • Flexible betslip lets you set the amount you want to win.
  • Live betting section is well organized.
Cons
  • Will limit bettors on a heater.
  • Newsfeed on the screen is distracting.
  • Different apps per state.

Top BetRivers offers – verified

BetRivers’ sign-up offer is a good fit for first-time bettors. The attached terms and conditions are relatively straightforward, the maximum bonus amount is solid but not overwhelming – bonuses that go up to $1,000 can oftentimes feel intimidating – and the opportunity to make at least one riskier bet with a safety net in place is there for those who want it. Regardless of whether you’re the type to hedge or step outside your comfort zone, the BetRivers $500 second chance bet is flexible enough to accommodate. 

BetRivers Promo Code Quick Facts

🚨 BetRivers promo code✅ SPORTS
😊 BetRivers welcome bonus✅ Up to a $500 second chance bet ($100 in NY)
➡️ BetRivers promo type✅ Bet Credit
💰 Minimum deposit$10 USD
💵 Minimum wager$0.01 USD
🇺🇸 Legal states13
🏦 Wagering requirements1x; odds -200 or longer
🏟️ Eligible bet types✅ All bet types
📱 BetRivers mobile appiOS & Android
👓 Last verifiedFebruary 2023
⏰ Offer expiryFeb. 28, 2023

More than anything else, the new-user bonus’ most intriguing aspect – aside from not needing a BetRivers promo code to acquire – is its ability to help you build your bankroll quickly. Following registration and first deposit, you can make a qualifying wager on a market of your choosing. If your wager loses, you’ll get a second chance bet, up to $500 – $100 if you’re in New York – as a bonus bet. So, as long as your initial bet doesn’t exceed $500, you can reasonably afford to put money on an underdog in an attempt to walk away with a big payday, knowing that if it fails, you’ll get a shot at redemption. 

Worth noting is that the bonus bet garnered from the BetRivers promo can only be placed on offerings with odds of -200 or longer. Or, if you choose to use it on a parlay, each leg must have odds of -200 or longer. Thus, it will behoove you to know the most popular sportsbook bet types before you get started – we’ve outlined them for you here:

  • Spread: Betting the spread means putting money on the margin of victory or failure for a chosen team. Wagering on the favorite means you anticipate they’ll win by more than the provided number while wagering on the underdog means the opposite. 
  • Moneyline: Making a moneyline wager means betting on which team will win a game. Simple.
  • Over/Under (Total): Sometimes referred to as the total, an Over/Under bet will have you wagering on the combined number of points two teams will score in a given game. If you bet the Over, you expect the teams to beat the points total; if you bet the Under, you expect them to miss it. 
  • Props: While most bet types are tied to the outcome of a game, prop bets are not. Instead, they’re connected to a specific player’s performance or a particular element of a game.  
  • Parlays: Quickly becoming the most popular bet type, parlays fuse two or more wagers – called legs – into a single bet. Parlays provide significant payouts but are risky since winning one necessitates all legs to be successful.

BetRivers Bet and Get Promotions

One of the most popular promo types at BetRivers, you can parse through an assortment of bets and get offers via the site’s promotions page. There are currently bets and gets for the NBA, NHL, NCAAB, NCAAF, and even Jai Alai. These promos require you to place a pre-game wager – typically a same-game parlay or moneyline bet – of a specified amount to receive a reward, often a profit boost or bonus bet.

BetRivers Sports Insurance Promotions

Nearly as popular as the bet and get promos, BetRivers offers a hodgepodge of sport insurance bonuses. You can find them for the World Cup, NBA, NFL, and NHL. You’ll need to place a pre-game wager, either a same-game parlay or on a specific aspect of the game – such as who will score the first touchdown – to ensure you’ll get a refund if your bet loses. BetRivers will return up to $25 of your stake to you as a bet credit, and all sport insurance promos have an odds requirement of -200 or longer.

BetRivers NCAAF Profit Boost Promotion

Every Saturday, you can log in to receive a single-use 20% profit boost token to be used on any NCAAF parlay wager – so long as it has at least three legs. You can bet a maximum of $25 and win a maximum of $250. If you don’t use the token within 24 hours, it will expire. The promo ends on Nov. 26, 2022.

BetRivers $500,000 Same Game Parlay Contest Promotion

Running until Jan. 9, 2023, you can place a same-game parlay with at least three legs at $10 or more on NFL games each week. Should your bet win, you’ll accrue points to rise up a leaderboard. Every Tuesday, the top 200 points earners will be awarded up to $1,000 in bonus bets. Once the promo comes to a close, the top 1,000 points earners will get up to $25,000 in bonus bets.

How to claim BetRivers promo codes

While no BetRivers promo codes are necessary for any offer the sportsbook has on tap at the moment, other requirements must be met before you can access the promos. Namely, you’ll need to be physically located in one of the many legal sports betting markets where BetRivers operates. Once you are, you can register, deposit real money, and qualify for up to a $500 bonus bet.

Here are detailed, step-by-step instructions to guide you through the process of redeeming your new-user offer – as long as you use promo code SPORTS.

Register

The first step is to sign up – click here to do so with BetRivers Sportsbook. You will need to be in a state – you don’t have to live there – where the sportsbook is active and be 21 years or older. Then, you’ll be eligible to garner up to a $500 second chance bet. Those in New York can get up to a $100 bonus bet instead.

As you pilot your way through the registration process, you’ll need to provide your full name, phone number, date of birth, proof of address, social security number, and government-issued identification. 

For the best possible sign-up experience, you’ll need to download the BetRivers Sportsbook mobile app. You don’t need the app to collect the bonus, though, so you can use the desktop if it’s more comfortable.

Deposit

Depositing funds is up next – again, keep in mind a BetRivers bonus code isn’t needed here. What is needed is putting down a minimum of $10 in real cash before you can make your qualifying wager. You’ll likely want to deposit more than that, though, since the operator will reimburse you up to $500 – $100 in New York – if your initial bet crumbles.

Wager

Now comes the fun part: Making your first bet. Take some time to explore BetRivers’ formidable betting menu until you find a market you prefer. When it comes to the qualifying wager, no limitations exist concerning which sports or leagues are viable options, nor are there any odds restrictions.

Only your initial wager will count towards the BetRivers promo. Should it prove successful, you’ll receive your winnings, and the bonus will be void. Should it lose, BetRivers will return your stake, up to $500, as a single bonus bet.

Withdraw

If the qualifying wager you make wins, you’ll be able to withdraw the spoils immediately. But if it flops, you’ll get your bet credits within 24 hours, and it will be non-withdrawable and non-transferable. Because the bonus bet is not real money, you must use it to wager with the sportsbook. 

Even though the qualifying wager has no odds requirements, the bonus bet does. Any bet you make with the bonus must have final odds of -200 or greater. Additionally, if you do not use the bonus bet within 30 days, it will expire.

How to deposit on BetRivers

Regardless of whether you’re looking to make your first deposit via the BetRivers Sportsbook mobile app or the desktop website, you’ll need to have opened an account and logged in to get the procedure started. Following sign-in, select the cashier option – located near the top-right corner of your screen, next to the “My Account” and “Bonus” buttons on both the app and desktop – to open a dropdown menu. From the menu, you’ll be able to view your active balance and will have the option to deposit or withdraw funds.

Remember: A BetRivers Sportsbook promo code is not necessary at any stage of the deposit process.

Click "Deposits"

While you’ve got the cashier dropdown open, buttons for “Deposits” and “Withdrawals” will be visible at the bottom. Click the former to arrive at your list of options.

Select your deposit method(s)

Now that you’ve reached the deposit methods page, you will be shown all your banking options, with one appearing as the default – often online banking – selection. At the bottom of the page will be where you can cycle through each of your potential payment providers, represented by their names and logos. Clicking on your preferred choice will switch the upper part of the screen to reflect that method. 

All that’s left is to decide how much money you wish to deposit. If you’re unsure, there will be suggested amounts – ranging from $25 to $500 – next to the field for manual inputs. Don’t forget that to qualify for the welcome bonus, you’ll have to put down at least $10.

How to withdraw your payout from BetRivers

Earning the profits from your first winning wager is an exhilarating experience that will likely leave you wanting to withdraw your newfound riches immediately. BetRivers will be ready to facilitate this wish, providing the option for you to make a withdrawal request at any time.

Withdrawal Methods

Numerous withdrawal methods are available at BetRivers. Checks, PayPal, online banking, eCheck by VIP Preferred, prepaid cards – called Play+ cards – and visiting a retail cage are all ways to take out your real cash. To scroll through the list of options on the app or website, click the “Cashier” button and then “Withdrawals.”

Generally, it’s free to make a withdrawal with BetRivers. However, there are withdrawal limits in place that will affect how much money you can take out at once. The limits differ depending on the payment provider, but most of the time, you’ll have to withdraw a minimum of $10 and will be unable to take out more than $25,000.

The time it takes to receive your withdrawal will inevitably vary. While over 80% of withdrawal requests at BetRivers are approved seconds after you submit them, some may take up to 24 hours to process – or longer should the operator require supplementary documentation. Once approved, the remaining wait time for your withdrawal will depend on your chosen payment method. It’s best to allow a five-day period – physical checks can take up to 14 days – for completion.

Support

BetRivers’ customer service, like all other aspects of the sportsbook, is solid. A live web chat is available from 9:30 a.m. ET to 2 a.m. ET, allowing you to connect directly to a support agent. Queries can also be sent via email – every state has its own individual address, so be sure to check the site – phone and social media. If you prefer to search for information yourself, BetRivers hosts a substantial help center with answers to the most common questions for nearly every topic. Keep in mind that English is the only language supported for BetRivers’ customer service.

Live chat available from 9:30 a.m. ET to 2 a.m. ET

  • Phone: (855-287-9947)
  • FAQ section
  • Twitter: @BetRivers
  • Support languages: English

Where is BetRivers legal?

A relatively new platform when juxtaposed with industry titans such as Caesars or BetMGM, BetRivers has built a consistently reliable online sportsbook that continues to grow in popularity. With its quality welcome bonus, additional features, and recognizable aesthetic leading the way, the Rush Street Interactive product will likely extend its reach in 2023. 

Bettors will currently find BetRivers accessible in 12 states, each listed in the table below for your examination. Every one of those states provides users with the opportunity to claim the up to a $500 free bet welcome bonus, except for New York, where customers are offered an up to a $100 free bet promo instead. 

ArizonaOctober 2021
ColoradoMay 2020
IllinoisJune 2020
IndianaOctober 2019
IowaJanuary 2021
LouisianaJanuary 2022
MarylandNovember 2022
MichiganJanuary 2021
New JerseyAugust 2022
New YorkJanuary 2022
OhioJanuary 2023
PennsylvaniaJune 2019
VirginiaJanuary 2021
West VirginiaJune 2022

Banking

Accepted Currencies

  • USD

Methods of Deposit

visa logo
Min: $10 Max: N/A Fee: Free
mastercard logo
Min: $10 Max: N/A Fee: Free
paypal logo
Min: $10 Max: N/A Fee: Free
cash logo
Min: N/A Max: N/A Fee: Free
trustly logo
Min: N/A Max: N/A Fee: Free
echeque logo
Min: N/A Max: N/A Fee: Free
vanilladirect logo
Min: N/A Max: N/A Fee: Free
paynearme logo
Min: N/A Max: N/A Fee: Free
discover logo
Min: N/A Max: N/A Fee: Free

Methods of deposit will vary depending on the state. Make sure to check which are available before signing up.

Methods of Withdrawal

playplus logo
Fee: Free
banktransfer logo
Fee: Free
echeck logo
Fee: Free
cash logo
Fee: Free
check logo
Fee: Free

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BetRivers Sportsbook FAQ

Can I trust BetRivers when it comes to promos?

Certainly. If you’re in a state where BetRivers operates, that means it is authorized and regulated by the appropriate managing bodies and laws, ensuring it is trustworthy and safe to use in all facets.

Do I need to make a deposit to get my BetRivers promo?

Yes, you’ll need to make an initial deposit before you can claim the sportsbook’s sign-up offer without a BetRivers promo code. The minimum amount you can put down to qualify for the bonus is $10.

What if I lose my initial bet at BetRivers?

Should your first wager with BetRivers fail, the operator will return your stake to you, up to $500, as a free bet. You can click here to get started with the sportsbook now.

If I get the bonus bet, can I withdraw it from BetRivers immediately?

If you receive the bet credit bonus – your qualifying wager must lose for this to happen – you cannot withdraw it from your account immediately. Since the bonus bet is a form of site credit and not real cash, it can only be used to wager with the sportsbook.

In what states can I legally bet at BetRivers?

Those who reside within one of the following 12 states where BetRivers legally operates can wager on sports: Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia.

I’m already registered at BetRivers, can I still use the promo code(s)?

You must use the promo code SPORTS to acquire the current welcome bonus. However, only first-time users with the sportsbook are eligible to claim the sign-up offer. You can click here to register if you haven’t yet made an account with BetRivers.