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Partner Promo Logo - SI Sportsbook
Bet $20, Win $200

If you are located in Colorado, Michigan, or Virginia, you're eligible to claim the sportsbook's bet $20, win $200 welcome bonus. Following registration, make an initial deposit — you must put down at least $10, but $20 is required to obtain the bonus. Then, place your $20 qualifying wager on any sports market with attached odds of +120 or greater. Should your bet win, you will receive $200 in bonus bets.

The $200 reward will come in eight (8) $25 chunks, and you will have seven days to use them. There are no odds requirements attached to the bonus bets.

Terms and conditions apply

Your Region united states

Last Verified ✅ Mar. 5, 2024

Offer Expiry ⏰ Jan. 1, 2024

SI Sportsbook Promo Code March 2024: Bet $20, Win $200

Sports fans searching for an SI Sportsbook promo code bonus in Colorado, Michigan, and Virginia are in luck. You can win $200 in bonus bets via the sportsbook’s current welcome offer. Click here to register and get started.

This SI Sportsbook bonus doesn’t require a promo code to activate. All you need to do is sign up for a new account to take advantage of this exciting welcome offer.

Editor’s note: The offer(s) outlined here are for eligible U.S. customers only.

Affiliate Disclosure: Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site.

21+. Gambling can be addictive, please play responsibly

Top SI Sportsbook offers

SI Sportsbook promo code and sign-up offer details

With an initial deposit and real-money bet of just $20 at odds of +120 or greater, new customers at SI Sportsbook can earn an additional $200 (delivered in eight $25 chunks) in bonus bets should their wager win — no SI Sportsbook promo code necessary.

The reward will appear in your account within 72 hours of your bet settling as a win, and you can use it on any market offered at the sportsbook. You must use all bonus bets within seven days of receipt, or they will expire.

More information about the SI Sportsbook promo code and welcome offer, including some key terms and conditions, can be found in the table below:

🚨 SI Sportsbook promo codeNo code - Click to claim
😊 SI Sportsbook bonusBet $20, win $200
➡️ SI Sportsbook promo typeBet & win
💰 Minimum deposit$10
💵 Minimum wager$20
🇺🇸 Legal states3
🏦 Wagering requirements1x at min. odds +120
🏟️ Eligible bet typesAll types
📱 SI Sportsbook mobile appiOS & Android
👓 Last verifiedMay 2023
Offer expiryDec. 31, 2024

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Other SI Sportsbook promotions 

SI Sportsbook currently has no other promos available for new players. Bookmark this page to be made aware of any new offers the sportsbook may churn out.

For your initial wager, SI Sportsbook provides a broad range of betting options in multiple markets. Here are a few of the most popular choices:


Betting against the spread requires predicting a team's winning or losing margin. A wager on the favorite requires them to win by more than the posted number. On the other hand, a wager on the underdog results in a win if the team loses by less than the posted number or wins the game outright.


This is a classic bet where you simply choose which team will win. Prices on each side of the moneyline differ based on each team's estimated chances of winning. Betting on the favorite will win you less money than betting on the underdog.

Over/Under (totals)

This type of bet offers the chance to wager on the combined total points that two teams will score in a game. Wagering on the Over means that you believe the game will exceed the set total of points, runs, or goals. Going with the Under means winning if the final score lands below the total.


Unlike most other bet types, prop bets aren't related to the game's overall outcome. Instead, they relate to a particular event or an individual player's performance in the game. For example, you can place a prop bet that a quarterback will throw for more than 100 passing yards, regardless of whether his team wins the game.


A parlay refers to a wager in which you group two or more individual bets (called legs) into one larger bet. This type of bet has a higher risk than standard betting since you need to predict multiple outcomes. However, the reward is also greater since the payouts are more significant if you win all the legs. Remember that the total bet is lost even if you lose only a single leg.

How to claim SI Sportsbook promo code

If you are new to sports betting and want to take advantage of this SI Sportsbook promo code offer, the process might seem daunting. Even the best sportsbooks aren't always clear on how their promotions work. Once you become familiar with the steps, this process is straightforward.

To qualify for this bet $20, win $200 welcome offer sans an SI Sportsbook bonus code, follow these steps:

1. Register a new account

The first thing you’ll need to do to lock in your bet $20, win $200 SI Sportsbook bonus is to sign up for an account. You can click here to access the SI Sportsbook registration page.

Once you are on the page and have selected your state, click the “Sign Up” button to begin the process. You will have to give your full name, address, date of birth, and the last four digits of your social security number on the first page of the registration form. This data is collected to confirm your identity and that you are at least the legal age of 21 necessary to play online. SI Sportsbook is a legal and regulated book with security measures to protect your personal information.

Once you have filled out the information on this page, you will be asked more questions and prompted to create a password. SI Sportsbook will activate your account after you finish filling out this form. You are now ready to make your first deposit.

2. Make a deposit

While logged in to your new SI Sportsbook account on the web or mobile app, click the “Cashier” button to begin funding your account. Next, click the “Deposit” button. From here, you can select the banking method you want to use to make your deposit and how much you want to deposit. The minimum deposit is $10, but you'll need at least $20 to take advantage of this SI Sportsbook promotion. 

3. Place your first bet

With your account funded, you can now place a bet. Your $20 bet must have odds of +120 or higher, so you can't pick an overwhelming favorite, and you have to bet on at least a slight underdog. Check out our guide on how to read odds for more information.

If you win your qualifying bet, the $200 worth of bonus bet tokens will be placed in your account automatically. You won't receive the $200 in bonus bet tokens if you lose your initial qualifying bet.

4. Receive your bonus bet

Your $200 bonus bet tokens will arrive within 72 hours of winning your qualifying bet. They will be split up into eight $25 tokens and are available to use immediately after showing up in your account. They must be used within seven days, or they expire.

5. Withdraw funds

You cannot withdraw bonus bet tokens as real cash, and any unused tokens will also expire after seven days. You can only withdraw the winnings of the bets made with your $200 bonus tokens, meaning the token's value is not part of your winnings, unlike if you wagered with real money.

If you do win money with your bet tokens, you can withdraw it as cash immediately.

How to deposit at SI Sportsbook

Before taking advantage of this SI Sportsbook promo code, you must make an initial deposit of at least $20. We’ll walk you through the process of funding your account here.

1. Log in to your SI Sportsbook account

Start by logging in to your SI Sportsbook account on the website or the mobile app. You'll be prompted to sign up for an account if you don't already have one. Once you complete the registration, you'll see a "Cashier" button.

2. Click “Cashier”

After you click the “Cashier” button, you can make a deposit. Click the “Deposit” button. That will bring you to the banking screen.

3. Select your deposit method(s)

Once you have accessed the banking screen, select the deposit method you would like to use to add money to your sports betting account. You may be asked for additional information the first time you use a specific deposit method, such as bank login information or your credit card number.

Deposit Methods Available:

  • Visa/Mastercard/Discover
  • PayPal
  • Play+
  • Bank Transfer
  • PayNearMe

4. Indicate how much you wish to deposit

When you've finished entering the required information, you'll also need to choose an amount to deposit. The minimum is $10, but you'll want to deposit at least $20 to qualify for the bet $20, win $200 promo. Your account should be funded almost immediately as long as there is no issue with it being processed.

How to withdraw funds from SI Sportsbook

Making withdrawals on SI Sportsbook is quick and easy. Click on the same “Cashier” button that you used to make your initial deposit. This time, you’ll be clicking the “Withdraw” button. That will take you to a screen listing all of your state's withdrawal options.

Withdrawal Methods

There may be slight differences in which withdrawal options are available depending on what state you are playing in. But most states offer each of the following choices:

  • Visa
  • PayPal
  • Play+
  • Bank Transfer

Select your preferred option and type in the amount you want to withdraw. Most payments will process within 1-5 business days, depending on your chosen payment method. Since SI Sportsbook is one of the best online sportsbook for payouts, you'll likely receive your money quickly.

SI Sportsbook customer support

SI Sportsbook currently only services three states, so they don't have a particularly robust customer support team yet. Despite the lack of live chat or phone support, customer service still responds well to issues sent through the online form or email. The website’s thorough FAQ section can also answer most of your questions.

  • Support Center contact form available online
  • Email:
  • Twitter @SISportsbook
  • Phone: N/A
  • Live chat: N/A
  • Support languages: English

Where is SI Sportsbook legal?

Currently, SI Sportsbook only operates in three states: Colorado, Michigan, and Virginia. It has indicated that it would eventually like to expand into other states and Canada. However, the operator has no new launch dates currently scheduled.

ColoradoSeptember 2021
MichiganSeptember 2022
VirginiaMay 2022

Additional sportsbook promo codes

While an SI Sportsbook promo code isn't needed to redeem the online sportsbook's bonus, the same isn't always true for other legal sports betting sites. We've looked into DraftKings, FanDuel, BetMGM, and more to give you all the information you require on each site's sports betting platform and promo code offerings:

SI Sportsbook promo code FAQs

Can I trust SI Sportsbook when it comes to promos?

Yes. While SI Sportsbook is a small sportsbook compared to some of the others currently operating in the United States, it is still a legal and regulated book in all three states it operates in. You can count on this site to deliver on its bonus codes and promotions.

Do I need to deposit to get my SI Sportsbook promo?

Yes. You must deposit and wager at least $20 of real money to take advantage of the Bet $20, Win $200 welcome offer. You also have to make sure your wager meets certain conditions.

What if I lose my initial bet at SI Sportsbook?

Unfortunately, you will not receive the $200 bonus bet tokens if you lose your initial $20 qualifying bet.

If I win the bonus bet, can I withdraw the winnings from SI Sportsbook immediately?

Yes. If you win the bet(s) made with your $200 bonus tokens, you can withdraw the winnings immediately. However, the value of the tokens is not included in the winnings.

For example, let's say you use two tokens to place a $50 wager with odds of +150. You win, and the payout is $125. Since you used $50 bonus bet tokens to place the bet, you can only withdraw $75.

In what states can I legally bet at SI Sportsbook?

The three states that SI Sportsbook currently operates in are Colorado, Michigan, and Virginia. SI Sportsbook is licensed in all three states and is 100% legal to play in while you are within state lines.

I’m already registered at SI Sportsbook, can I still use the promo code?

No. This Bet $20, Win $200 SI Sportsbook promo is only available to new players.