BetRivers Promo Code 2022: Claim Your Bonus Now!

Get your BetRivers promo code to start playing today!

BetRivers is one of the lesser-known sportsbooks in the US sports betting market. They are, however, one of the biggest sportsbooks out there. With its sister brand, PlaySugarHouse, it covers more than 10 US states and is firmly positioned to challenge the more established operators such as DraftKings, Fanduel, or BetMGM, especially in some of the more local markets such as Illinois or Connecticut.

BetRivers offers a significantly better and more responsive user experience than you might expect based on its old-fashioned aesthetics - you’d be forgiven to think you’d been transported back to the 80s. Despite this, they offer a wide range of betting markets and features, making it a betting app worth checking out.

The latest and greatest BetRivers Promo

BetRivers is running a $500,000 NFL Same-Game Parlay contest to celebrate the return of the greatest franchise in the world. The contest will run during the regular NFL season between September 8, 2022 and January 9, 2023.

Here are the key terms of the contest and how to opt-in:

  • Place real-money SGPs (Not sure what they are? Check out our SGP guide) with a minimum of 3 legs and a minimum $10 stake on NFL games during the promotional period. Min. odds of -200 per leg.
  • Winning SGPs will score points on the leaderboard following this formula: number of legs * bet stake. A winning $10 3-leg same-game parlay would score you 30 points.
  • Every week, the top 200 players will receive prizes in free bets with $1,000 reserved for the top spot
  • At the end of the contest, the top 2000 players will win free bets with $25,000 reserved for the top spot
  • Available in: AZ/CO/CT*/IL/IN/IA/LA/MI/NJ/NY/ON/PA/VA/WV

*BetRivers is live in CT through its sister brand PlaySugarhouse.

How to opt-in:

  1. Open a new BetRivers account. Don't miss out on the welcome BetRivers promo - you can get a $500 risk-free by using our exclusive links below. 
  2. Place a qualifying Same-Game Parlay ($10, min. 3 legs) each NFL game week to ensure you have a chance at the weekly and season-long prizes.
  3. Check the leaderboard every Tuesday to see if you won a prize. 
  4. (Optional) Sign-up to our newsletter for weekly NFL betting picks if you're out of inspiration.
  5. Have a blast while competing for the top prizes!

Weekly leaderboard prizes:

Place Prize
1 $1,000 in free bets
2 $750 in free bets
3 $750 in free bets
4 $500 in free bets
5 $500 in free bets
6-10 $250 free bet
11-20 $100 free bet
21-50 $75 free bet
51-100 $50 free bet
101-200 $25 free bet

 Season-long leaderboard prizes:

Place Prize
1 $25,000 in free bets
2 $10,000 in free bets
3 $5,000 in free bets
4 $2,500 in free bets
5 $2,000 in free bets
6-10 $1,000 in free bets
11-100 $750 in free bets
101-200 $500 in free bets
201-300 $250 free bet
301-400 $200 free bet
401-500 $150 free bet
501-600 $125 free bet
601-700 $100 free bet
701-800 $75 free bet
801-900 $75 free bet
901-1000 $50 free bet

Full promotional T&Cs here

What is the BetRivers promo code?

The BetRivers sign-up bonus offers you a second chance bet - you get up to $500 back in free bets if your first bet loses. To get your hands on it, follow one of the links below and enter the BetRivers Promo Code: SPORTS

Don't miss out on these bonuses

Up To $250 Bonus Match On First Deposit - NY Exclusive

Up To $250 Bonus Match On First Deposit - IL Exclusive

Your First Bet Is On Caesars Up To $1,250

So, how does the BetRivers 2nd chance bet work?

It's pretty simple. If you deposit at least $25 and place an initial bet, you will get up to $500 as a free-bet refund if it loses.

The maximum amount you can get from this bonus is $500 - so say you make a first bet of $1000 and it loses, the BetRivers 2nd chance bet would still be $500. The minimum deposit for the BetRivers promo code is $25. 

All the bonus money must be wagered within 30 days after being credited. Otherwise, it will expire. 

  • The bonus money has a 1x wager requirement, and you won't be able to withdraw until that criterion is met.
  • All Bonus Money needs to be wagered within 30 days after being credited. Otherwise, it will expire. Wagers will be placed from the balance until the wagering requirement is fulfilled. 
  • Bonus must be on events with odds longer than -200 (equivalent to decimal odds higher than 1.50). For example, wagers on odds of -300 will not be counted towards play-through requirements, but bets on odds of -190 will be counted. To make it even simpler for you - any positive odds would count to the BetRivers bonus wager requirements!

The BetRivers sign-up bonus scored one of the highest on the Oddsindex Bonus Rating System. The BetRivers promo received a grading of 83 (out of 100), which puts it firmly within the top 3 sign-up bonuses in the market. 



How do we rate bonuses? 

We know sportsbook bonuses are designed to catch our eyes and that sometimes there can be more fluff than substance. So, we used all of our sports betting knowledge and created a system to cut through the hair and answer a simple question: Is this offer as good as it sounds?

Here's what we look at when we analyze bonuses:

  • What is the advertised value of the promo? Generally, the higher, the better, as long as you can get it.
  • What is the deposit to bonus ratio? Deposit $5k to score a $500 free bet is not ideal. A 1:1 ratio is pretty standard for sportsbook promos. However, if you look long enough, you'll find hidden gems that give you higher returns. Check our bonus lists for those! Hint: the hidden gems usually score more than 90 on our rating system.
  • Do you get the bonus in one go, or is it released incrementally? The simpler, the better, so it's best to get everything in one shot.
  • How much time do you have to use that bonus or free bet? The longer you have, the better.
  • Finally, is it a risk-free bet, or is your bonus not conditioned by losing your first bet? Risk-free bets are not relatively risk-free as you still need to lose your first bet. On top, the parity between cash and free bets is not quite 1:1. That's why we believe it's always better that the promo is not conditioned to lose the first bet. Risk-free bets still provide you with proper insurance for a chance to build your bankroll.

The BetRivers sign-up bonus is a user-friendly promo you shouldn't miss out on!

How to bet with BetRivers

It's pretty easy to sign up for an account. All you need to do is fill in the usual online forms asking for your name, date of birth, and so on – you know the drill. Some verification checks are carried out in the background, and should you have any issues, you can contact customer support. We found the support team super helpful during the sign-up process for any questions.

After signing up for an account, you'll need to make an initial deposit to capitalize on the BetRivers promo. Here are all the BetRivers deposit options:

  • Credit/debit card
  • PayPal
  • VIP Preferred ACH
  • Online banking ACH
  • Cash @ Casino Cage
  • Pay with Cash
  • PayNearMe
  • BetRivers Play+ card

When it comes to withdrawals, here is what you can expect from BetRivers:

Withdrawal method

Expected time

Online Banking/ACH

2-5 business days

Cash @ Casino Cage

Immediately

BetRivers Play+

Immediately

Check

10-14 business days

For bettors who are looking for the best value, our odds comparison tool shows the best odds for all the major sporting events across a variety of sportsbooks. Be sure to check it out to ensure you are not missing out on the best offers and to see how BetRivers compares against the rest. 

FAQ

How does the BetRivers bonus work?

It's pretty simple. If you deposit $50, you get an additional $50 in bonus money. The maximum amount you can get from this bonus is $250 - so say you deposit $300, the BetRivers sign-up bonus would still be $250. The minimum deposit for the BetRivers promo code is $10. 

All the bonus money must be wagered within 30 days after being credited. Otherwise, it will expire. 

  • The bonus money has a 1x wager requirement, and you won't be able to withdraw until that criterion is met.
  • All Bonus Money needs to be wagered within 30 days after being credited. Otherwise, it will expire. Wagers will be placed from the balance until the wagering requirement is fulfilled. 
  • Bonus must be on events with odds longer than -200 (equivalent to decimal odds higher than 1.50). For example, wagers on odds of -300 will not be counted towards play-through requirements, but bets on odds of -190 will be counted. To make it even simpler - any positive odds would count to the BetRivers bonus wager requirements!

Does BetRivers have an app?

BetRivers offers individual mobile apps in each of their states for both iOS and Android devices. Based on user reviews and our testing, the iOS one performs much better. You can sign up for an account with BetRivers here.

How does the BetRivers deposit match work?

If you deposit $10, BetRivers will match your deposit on your second bet if your first loses. The maximum amount you can get from this bonus is $500 - so say you deposit $600, the BetRivers sign-up bonus would still be $500. The minimum deposit for the BetRivers promo code is $10.