BetRivers Promo $500 Second Chance Bet
The current BetRivers bonus code provides US sports betting enthusiasts with up to $500 in bonus bets if their initial wager fails. It’s one of the industry’s most generous second chance bet promotions, offering a brilliant way to get acquainted with the platform.
Whether you’re a complete online sports betting novice or an expert, this BetRivers promo can be extremely useful.
I’ve done the heavy lifting here, so you don’t have to. Read on for an exhaustive insight into the up to $500 in second chance bets BetRivers bonus code promotion. I’ll highlight the main terms and conditions, pros/cons, and provide comparisons with alternative sports betting bonuses.
BetRivers Sports Promo at a Glance
In a nutshell, BetRivers offers first-time customers in most states an up to $500 second chance bet. This is reduced to $250 for New Jersey and Colorado residents, while New York, Ohio, Iowa, and West Virginia can claim $100.
The BetRivers promo safeguards your first bet, returning your stake up to $500 in bonus bets if the wager loses. So win or lose, you’re guaranteed some kind of return on your first wager.
It’s slightly different from a traditional “bet and get” promotion, where you can score bonus funds simply for depositing and making a qualifying wager. While the BetRivers sportsbook promo code is only activated by losing bets, the potential bonus amount is higher than most bet and gets. Consequently, many bettors prefer a second-chance bet promo, especially if they like taking risks.
How to Claim the BetRivers Sports Promo
Before I delve further into the specific BetRivers bonus code terms and conditions, I’ll give you a quick rundown of how to claim the offer:
BetRivers Sports Promo Code Terms and Conditions
I cannot stress enough the importance of understanding the BetRivers promo code terms and conditions before claiming. This can be the difference between taking advantage or missing out. Trust me, you don’t want to place a $500 wager on a risky market and only realize you haven’t qualified for the bonus afterward.
Fortunately, the BetRivers promo code guidelines aren’t particularly complex. There are also a few favorable aspects compared to most other sportsbooks, particularly the 30-day bonus bet time period. Every other platform I’ve sampled only provides seven days, so there’s less stress involved at BetRivers Sportsbook.
Here are the most significant terms and conditions to consider before taking advantage:
- $10 minimum deposit
- Qualifying wager must lose to trigger bonus bets
- $500 maximum bonus bets (currently less for NJ, CO, NY, OH, IA and WV)
- Bonus bets expire after 30 days
- Qualifying bet cannot be placed using Profit Boosts or Bonus Bets
- Bonus bets must be placed on -200 odds or longer
- Bonus funds not included in any winnings
The BetRivers promo code welcome bonus has generally favorable terms and conditions. I can’t see anything in the guidelines designed to catch bettors out, and all rules are clearly stated. The sportsbook also allows customers to attach a bonus code after making an initial deposit, so you won’t necessarily miss out if you initially forget.
Other than the generous 30-day expiration period, I also like the absence of any criteria on the qualifying bet. You’re free to wager on any odds or betting market as long as no profit boosts or bonus bets are involved. Additionally, the -200 or longer odds limit on the bonus bets is also favorable.
States Available to Use the BetRivers Promo Code
The BetRivers promo code grants up to $500 in bonus bets to bettors across fifteen states, creating one of the larger legal US sports betting footprints. However, as I’ve mentioned, residents in several states cannot claim the full $500. I’ll breakdown the limits for each below:
| Arizona ($500) | Pennsylvania ($500) | Louisiana ($500) | Delaware ($500) |
| Michigan ($500) | Indiana ($500) | Illinois ($500) | Maryland ($500) |
| Virginia ($500) | New Jersey ($250) | Colorado ($250) | New York ($100) |
| Ohio ($100) | Iowa ($100) | West Virginia ($100) |
Comparing Betrivers to Other Top Promos
Bettors are currently spoilt for choice regarding sportsbook promos, with most legal sports betting sites treating customers to substantial offers. The BetRivers bonus code is undeniably one of the better options, but how does it stack up with other industry-leading alternatives? I’ll compare a few below:
bet365 Sportsbook - $1,000 First Bet Safety Net or Bet $5 Get $200
The Bet465 sportsbook offers a choice between a massive up to $1,000 first bet safety net or a Bet365 Promo bet $5 and get $200 welcome bonus. The bonus funds also remain active for 90 days – very favorable, especially if you claim the full $1,000 in bonus bets. It’s difficult to argue for the BetRivers welcome bonus compared to bet365 Sportsbook’s offering, but you’ll have to be quick. The operator is currently undergoing a significant US expansion drive, so I’m unsure how much longer they’ll offer such an eye-catching offer.
DraftKings Sportsbook - Bet $5, Get $200 + No-Sweat SGP
Drafktings is renowned for generous welcome bonuses, and the DraftKings bet $5 get $200 promo plus additional daily no-sweat same-game parlays is a great example why. One catch compared to BetRiver’s promo code is the seven-day expiration period and fixed (8 x $25) bonus bet amounts.
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