BetRivers is one of the top U.S. sportsbooks, and you can take advantage of a generous welcome offer by using the BetRivers promo code ‘SPORTS’.

Let’s look at the foundational components of the BetRivers promo code and welcome bonus offer:

When you sign up at BetRivers Sportsbook, you will receive a 2nd Chance Bet of $500, $250, or $100. The offer you receive depends on your location. Check the chart above to see what offer you are eligible to claim.

The “2nd Chance Bet” is similar to the “First Bet Insurance” you might see on other online sportsbooks. You must deposit and place your first bet. If the bet wins, you receive the profit, ending the offer. If your first bet loses, you receive a bonus back equal to what you lost.

For example, if you place a $100 first bet in Ohio and lose, you receive a $100 bonus bet back as a refund. It’s critical to understand that the bonus is distributed as one bonus bet instead of a sum that can be used across multiple bets. Your state indicates the maximum bonus you can receive.

Let’s explore some aspects of the BetRivers promo code’s terms and conditions.

First, you must deposit at least $10 to maintain eligibility for the 2nd Chance Bet. Place your first bet, and you keep the profits if it wins. If it loses, you will get a bonus bet back equal to what you lost. There’s only a 1x playthrough requirement on the BetRivers promo.

Your first bet can be placed on any betting market but must be -200 odds or longer to qualify. So, a bet that has -500 odds wouldn’t work, but a -110 odds wager would. Your bonus bet is available to use for 30 days before it expires.

These terms only apply if your first bet results in a loss. If it wins, you will keep the profit as withdrawable cash, so there’s no bonus involved.

Bonus bets at BetRivers work as they do with other online sportsbooks’ promotions. You can use them as site credit but won’t receive your initial stake back. For example, if you receive a $300 bonus bet and place a winning bet at even odds, you don’t get to keep the $300 bet value. You’ll only get the $300 profit portion of the wager.

The registration process at BetRivers Sportsbook is pretty seamless if you closely follow the steps outlined below:

BetRivers commonly posts claimable promos for existing customers based on the big sporting events that are currently happening. Here are some of the best promos available at BetRivers for existing customers that you can claim after your 2nd Chance Bet.

NBA betting really heats up once the playoffs begin, and BetRivers elevates your betting experience with some advantageous promotional opportunities. 

The NHL playoffs provide some of the most exciting action in all of professional sports, and BetRivers has its player base covered with a daily promo. Take a look:  

As mentioned, BetRivers needs to catch up to its competitors in promotional value once you claim the welcome bonus. That being said, there are still a few bonuses available to enhance your wagering experience. Let’s discuss a few promos you can expect to see at BetRivers after signing up.

The gem of BetRivers’ promotions is the iRush Rewards program. The company’s loyalty program provides various incentives for you to bet on the site, but you can also gain reweards at one of BetRivers’ many retail locations. With the iRush program, you can claim bonus bets and other types of prizes.

For select games, you can get odds boosts at BetRivers. These boosts can typically be found for marquee matchups in the prevalent sports markets like MLB. An odds boost increases the bettor-friendliness of standard odds to grant you a more significant payout if and when you win.

Similar to odds boosts, you can often find bet insurance offers for significant sporting events at BetRivers. Bet insurance allows you to place a bet and receive bonus bets back to cover the bet if it loses under certain conditions. For instance, if a single leg of your parlay loses.

The BetRivers welcome offer is consistent with most online sportsbooks’ offers to new customers, though it doesn’t quite provide the bonus bet value of the bigger sportsbooks. Use the chart below to see how it stacks up to other sites in the industry.

Holistically, BetRivers is a solid online sports betting option in plenty of states. The product it provides is one worth using. However, BetRivers needs more existing user promotions. A site should not stop at its welcome offer, but instead continue to provide exceptional value across its users’ experience.

BetRivers has one of the best loyalty programs in the industry, iRush Rewards, but there isn’t much else offered. Sometimes, BetRivers provides promos for events like the NFL Playoffs, NBA Finals or World Series, but on a day-to-day basis, there’s not much.

The BetRivers welcome bonus is substantial in the states where a $500 2nd Chance Bet is offered. A $500 value with just a 1x wagering requirement is solid overall, but the states that receive $100 or $250 bonuses are far behind what is generally offered by competitors.

The promotional value that an online sports betting site offers is one of the primary ways to impact a customer’s experience positively. Because BetRivers lags behind many of its competitors in this regard, we believe the site offers a less enjoyable experience than it is capable of.

BetRivers Sportsbook is undoubtedly a brand you can trust to provide an average-level sports betting product. Still, we suggest looking elsewhere if you want to claim excellent value with frequent bonuses and promotions.