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BetRivers Promo Codes February: $500 2nd Chance Bet

Joshua Howe - Covers
Written by: Joshua Howe, Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content
Last Updated Feb 01, 2023, 8:29 AM ET

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    The current BetRivers offers are legitimate and available to all of legal gambling age who reside in the 14 states where it operates. Here at Covers, we are committed to doing our due diligence and can confirm that the current BetRivers bonus code — SPORTS —will indeed grant new users the offers explained below.

    Claim up to a $500 bonus bet

    BetRivers' new-player bonus only applies to the initial deposit and wager made following registration. Users must put down a minimum of $10 to qualify for the BetRivers promo code offer. If you lose your first bet, BetRivers will return the entire stake, up to $500, as a bonus bet. You'll need to wager your bonus amount once at odds of -200 or greater before you can withdraw winnings.

    BetRivers Promo Code Claim BetRivers Bonus
    BetRivers Bonus Code SPORTSExternal link icon
    BetRivers Sportsbook Offer Up to a $500 2nd chance bet
    BetRivers Mobile App iOS and Android
    Last Verified February 2023

    Claim up to a $100 bonus bet in New York

    BetRivers NY's welcome offer is the exact same but only to a maximum $100 bouns bet.

    Remember: BetRivers bonus code SPORTS activates the welcome offer, and most typical markets are available to wager on with the provided bonus betting credit. 

    BetRivers Promo Code Claim BetRivers NY Bonus
    BetRivers NY Bonus Code SPORTSExternal link icon
    BetRivers Sportsbook Offer Up to a $100 bonus bet
    BetRivers Mobile App iOS and Android
    Last Verified February 2023

    Pro tip: The bonus money added to a user's account balance is in site credit. Bonus bets cannot be redeemed for real cash, but any winning wagers made with that credit can be withdrawn. Site credit must be used within 30 days, or it will expire.

    How to claim the BetRivers Sportsbook promo code

    Claiming your BetRivers bonus code is quite simple, so don't worry about having to undergo a complex process just to get started. Follow our step-by-step instructions below, and you'll be wagering in no time.

    1

    Register

    Register for an account on the sportsbook's website and enter the BetRivers promo code SPORTS when prompted to ensure you activate the sportsbook bonus.

    New users will need to have personal information at the ready to complete the sign-up process, including government-issued identification and proof of address.

    2

    Deposit funds

    Deposit funds into your new BetRivers account. A minimum deposit of $10 is necessary to redeem the BetRivers bonus code. However, to get the most out of the welcome offer, deposit the maximum $500 ($100 in New York) to ensure peak value.

    3

    Make a wager

    Once your funds are securely within your account, you are free to make your first bet. It's important to remember that you only receive bonus bets if you lose your first wager. In New York, there's a 1x playthrough requirement to fully unlock your bonus funds.

    4

    Withdraw winnings

    If you lose your first bet, you will receive your bonus money within 24 hours of your wager settling and have to play through the entire amount before making a withdrawal. If you win, you can withdraw your winnings as real cash.

    BetRivers promo code terms and conditions

    The terms and conditions attached to this BetRivers promo are reasonably straightforward. Once you have entered promo code SPORTS deposit and wager up to $500. BetRivers will return 100% of your wager as a bonus bet within 24 hours if you lose.

    In New York, the promotion is the same but only up to a $100 bonus bet.

    Notably, a 1x playthrough requirement must be met before any cash can be withdrawn when using bonus funds. Additionally, only bets at odds of -200 or longer will count toward the playthrough requirement. 

    Bonus money can be used to bet on any sports market BetRivers offers, so long as the playthrough requirement is met. Note that the site credit earned from the welcome offer will expire if not used within 30 days of receiving it.

    Remember: The site credit itself cannot be withdrawn as real cash.

    BetRivers Betting restrictions
    Minimum deposit $10
    Maximum bonus money amount

    $500

    $100 (New York)

    Days to use bonus money 30
    Playthrough requirement 1x at odds of -200 or greater

    Sports and leagues on deck with BetRivers betting odds

    Although BetRivers isn't always talked about in the same way as industry giants like Caesars Sportsbook or FanDuel, it has garnered a highly respected reputation for numerous reasons, including the many sports and leagues it offers bettors.

    Those looking for quality betting opportunities on the major sports leagues, including the NFL, MLB, NBA, and the NHL, will find them at BetRivers. The sportsbook also offers more obscure markets such as darts, table tennis, and the Canadian Grand Prix.

    Additional BetRivers promotional offers

    BetRivers has a significant list of additional promotions frequently available, including same-game parlays, second chance bets, profit boosts, bet insurance, and daily odds boosts. 

    For example, odds boosts improve the odds of a particular bet and are meant to entice bettors to commit to certain wagers. They also provide the opportunity for a greater potential payout.

    Let's say a bettor is interested in picking the Sacramento Kings, at +300, to beat the Dallas Mavericks at American Airlines Center. BetRivers might boost Sacramento's odds, shifting the line to +340 and gifting the bettor a chance at earning more money.

    Type of BetRivers Promo Offer Description of BetRivers Promo Offer
    BetRivers Squares Obtain a space on a 10 x 10 Squares grid when you make a $10 wager on applicable football games. Each square represents a score on the home and visiting team, similar to what you may see for big events at your local bar. Receive an additional entry for a $50 wager and another for a $100 wager. 
    Sunday NFL Parlay Insurance Place a 4+ leg NFL parlay and get your bet back (up to $25) if exactly one leg loses. Odds must be -200 or greater.
    NBA First Field Goal Insurance On Wednesdays during the NBA season, bet on any player to score the first field goal. Get your bet back — up to $25 — if your player doesn't score the first basket but scores 25+ points.
    Sunday Night Football First Touchdown Insurance Make a bet on the game's first touchdown scorer and receive your bet back (up to $25) when they don't score the first TD but score later in the game instead. 
    BetRivers iRush Rewards Loyalty Program Earn loyalty level points on every real money wager to increase loyalty level. Enjoy bonus points on every real money wager that can be redeemed in the bonus store.
    Refer A Friend Every friend you bring to BetRivers, who uses your referral code to register, will net you $50 in additional site credit.
    20% Soccer Profit Boost Log in on Saturday or Sunday during the promotional period and receive a 20% profit boost to use on any soccer parlay wager with odds of -200 or longer. The parlay must be 3+ legs and may only be a maximum bet of $25. The maximum additional winnings are $250.
    MLB Bet and Get Place a bet of $25 or more on an MLB same-game parlay with a minimum of three legs and odds of -200 or greater every Saturday during the promotional period and win a $10 bonus bet. Only one bonus bet can be earned each Saturday.

    Where is BetRivers Sportsbook legal?

    BetRivers Sportsbook is currently operating in 14 states, as seen below. If you reside in one of those locations (aside from New York), you are eligible to claim the $500 second chance bet promo. In New York, up to a $100 bonus bet can be claimed.

    Make sure to keep track of all states with legal sports betting to figure out where BetRivers may launch next.

    State Launch Date
    Arizona
    October 2021
    Colorado
    May 2020
    Illinois
    June 2020
    Indiana
    October 2019
    Iowa
    January 2021
    Louisiana
    January 2022
    Maryland
    November 2022
    Michigan
    January 2021
    New Jersey 
    August 2022
    New York
    January 2022
    Ohio
    January 2023
    Pennsylvania
    June 2019
    Virginia
    January 2021
    West Virginia
    June 2022

    21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER

    BetRivers Sportsbook review

    The BetRivers sportsbook is well-established and operates in several states, including Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, Ohio, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. It also launched in Ontario in April 2022 and has had a lot of early success in Canada. 

    BetRivers is constantly being re-reviewed by our experts and currently holds a 4.4/5 rating via the Covers BetSmart System, including a 4.6/5 in the 'Key Features' category. Those 21 years or older can use BetRivers on the sportsbook's website or mobile app (which is very user-friendly).

    A few different advantages come with signing up at BetRivers, such as live streaming many sports and same-game parlays. The operator even boasts an online casino with over 700 casino games.

    You can discover the full breadth of what the operator has to offer via our exhaustive BetRivers Sportsbook review.

    Customer service at BetRivers Sportsbook

    BetRivers has a dedicated customer service team available to provide support from 9:30 a.m. to 2:00 a.m. ET, seven days a week. They offer live chat, email, and phone support and are accessible on social media via Twitter. 

    • Live chat: 9:30 a.m. to 2:00 a.m. ET
    • Email: PAsupport@betrivers.com
    • Phone: 1-855-287-9947
    • Support languages: English
    • Twitter: @BetRivers

    USA sports betting resources

    Choosing the sportsbook that's right for you is key. That means doing research and comparing different options to ensure you're making the best choice.

    We've done a fair amount of that work for you and have assembled some guides to help you navigate the sports betting space.

    Banking methods
    Find the best sportsbook deposit and withdrawal methods.
    Sportsbook deposits and withdrawals
    Mobile sports betting apps
    Covers experts break down the top legal betting apps in the U.S.
    Best sports betting apps

    BetRivers promo code FAQs

    Yes, the BetRivers sportsbook is fully-licensed and therefore completely legal in Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia.

    The BetRivers sportsbook promo code is SPORTS. With this code, new BetRivers users can deposit and wager at least $10 and receive up to a $500 bonus bet if that first wager settles as a loss.

    Read our detailed description of each welcome bonus above. Your location will dictate which sportsbook bonus you qualify for.

    You will be prompted to enter the BetRivers promo code SPORTS during account registration.

    The BetRivers promo code will automatically be applied to your initial deposit as long as it is entered when the prompt appears during registration.

    Like the website, you will be prompted to enter the BetRivers promo code during registration through the app.

    Any new users who are at least 21 years old and who reside in Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Michigan, New York, Ohio, Pennsylvania, Virginia, or West Virginia can use the BetRivers promo code.

    The BetRivers promo code expires when the promotion is over or when it changes to something else. Bookmark this page to stay up to date with the latest promotion and whether or not a promo code is required.

    The BetRivers bonus money can only be used with the sportsbook and at the operator's online casino. It cannot be withdrawn as real cash.

    Pages related to this topic

    Best Betting Sites US
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    States With Legal Sports Betting
    BetRivers Review
    BetRivers Ontario Review
    Best Mobile Sports Betting App
    Best Sportsbook Bonuses
    SugarHouse Promo Codes
    Joshua Howe - Covers
    Joshua Howe
    Sports Betting Editor

    Joshua Howe is a sports betting editor at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 20 sportsbooks and has been placing his own wagers for three years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

    • BetRivers Promo Codes February: $500 2nd Chance Bet
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