BetRivers Promo Code

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Up To $500 In Bonus Bets
If Your Bet Loses

Validated on: October 6, 2024

Claim bonus

Must be 21+. Offer available in IL, IN, LA, MD, MI, PA, or VA. Void where prohibited. New players only. Min. $10 deposit. Bonus bet equal to losses on first real-money wager (up to max. designated amount). Expires 30 days from issuance. Min. odds and other restrictions apply. Winnings exclude amount of bonus bet. Visit BetRivers.com for full T&Cs. (LA) In partnership with Bossier Casino Venture, Inc. d/b/a Margaritaville Resort Casino. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER or Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).

Validated on: October 6, 2024

BetRivers Sportsbook promos & bonuses

New users to BetRivers Sportsbook can choose from three different offers, depending on their location, to bet on an action-packed slate of NFL Week 5 games, including the Monday Night Football showdown between Kansas City and New Orleans today.

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

Get Up to $500, $250, or $100 In Bonus Bets If Your Bet Loses

  • BetRivers promo code
    CBSBONUS
  • Minimum deposit required
    $10
  • Playthrough requirements
    1x
  • States available
    AZ, CO, IA, IL, IN, LA, MD, MI, NJ, NY, OH, PA, VA, WV
  • Promo note
    Refer to the table below to see the exact BetRivers promo offered in your state
  • Deposit methods
    Cash at casino cage, credit card, debit card, online banking, PayNearMe, PayPal, Play+
Up To $500 In Bonus Bets
If Your Bet Loses
Promo Code
CBSBONUS
Copied!
Claim bonus Must be 21+. Offer available in IL, IN, LA, MD, MI, PA, or VA. Void where prohibited. New players only. Min. $10 deposit. Bonus bet equal to losses on first real-money wager (up to max. designated amount). Expires 30 days from issuance. Min. odds and other restrictions apply. Winnings exclude amount of bonus bet. Visit BetRivers.com for full T&Cs. (LA) In partnership with Bossier Casino Venture, Inc. d/b/a Margaritaville Resort Casino. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER or Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
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StateBetRivers promo
ArizonaGet up to a $100 2nd chance bet
ColoradoGet up to a $250 2nd chance bet
IowaGet up to a $100 2nd chance bet
IllinoisGet up to a $500 2nd chance bet
IndianaGet up to a $500 2nd chance bet
LouisianaGet up to a $500 2nd chance bet
MarylandGet up to a $500 2nd chance bet
MichiganGet up to a $500 2nd chance bet
New JerseyGet up to a $250 2nd chance bet
New YorkGet up to a $100 2nd chance bet
OhioGet up to a $100 2nd chance bet
PennsylvaniaGet up to a $500 2nd chance bet
VirginiaGet up to a $500 2nd chance bet
West VirginiaGet up to a $100 2nd chance bet

Explaining the BetRivers welcome bonus

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.

BetRivers promo: Terms & conditions

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.

Promos available at BetRivers today

BetRivers is one of the go-to online sportsbooks for ongoing promotions. Returning users will be able to take advantage of several promos every day. Take a look:

NHL Futures Bet & Get

Make a cash wager on which team you believe will win the NHL Stanley Cup this year and receive a Profit Boost 3-Pack. Your wager must be at least $50, which will yield you three 100% Live, Parlay and SGP Profit Boosts for any games during the opening week of the NHL season.

NFL Primetime First Touchdown Insurance

If the player you wager on scores any other touchdown that isn’t the first TD of the game, you will get your stake back as a bonus bet. Know that Gold Tier players can earn up to a $25 bonus bet, while Platinum Tier players can get up to a $50 bonus bet, and Black Tier members are eligible for up to a $100 bonus bet.

NFL Sunday Parlay Insurance

Opt-in and create/place a four-plus-legged NFL parlay wager. If exactly one leg of your parlay loses, you will get your stake back as a bonus bet. Gold Tier players can earn up to a $25 bonus bet, Platinum Tier players can earn up to a $50 bonus bet, and Black Tier players can earn up to a $100 bonus bet.

WNBA Playoff Bet & Get

Place a real-money, in-game, wager of at least $25 on WNBA Playoff basketball to receive a 25% Profit Boost. You must opt-in to qualify, and eligible wagers must be real-money, live wagers on WNBA Playoffs with -200 or longer minimum odds. You can claim this promo once per day during the promotional period.

NFL, NCAAF, and MLB Parlay Insurance

Opt-in and place a qualifying, real money NFL, NCAAF, or MLB parlay wager that has at least four legs. If exactly one leg on your qualifying parlay loses, you will receive your stake back as a bonus bet.

MLB Playoffs SGP 50% Bet Match

Make a three-plus-legged same game parlay on any MLB Playoff game to receive a 50% matched bonus bet up to $25. You must opt-in, and your SGP must have final odds of +100 or longer to qualify.

Other promos & rewards programs at BetRivers

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.

iRush Rewards program

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.

Odds boosts

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.

Bet insurance

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.

BetRivers Legal States

How do I sign up and claim the BetRivers welcome bonus?

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

  1. Use our links to go to the BetRivers mobile app or desktop site.
  2. Register for an account and fill in all your information, including your address and full name.
  3. Create your username and password for BetRivers and agree to the site’s terms and conditions.
  4. Use the BetRivers promo code ‘CBSBONUS’ if it has not already been entered for you.
  5. Make your first deposit of $10 or more.
  6. Place your first bet at -200 odds or longer, up to $500 in most states or $250 and $100 in others.
  7. Receive a bonus bet if you lose your first bet, or receive the profit if your bet wins.
  8. Use the bonus bet within 30 days of receipt.
Up To $500 In Bonus Bets
If Your Bet Loses

Validated on: October 6, 2024

Claim bonus

Must be 21+. Offer available in IL, IN, LA, MD, MI, PA, or VA. Void where prohibited. New players only. Min. $10 deposit. Bonus bet equal to losses on first real-money wager (up to max. designated amount). Expires 30 days from issuance. Min. odds and other restrictions apply. Winnings exclude amount of bonus bet. Visit BetRivers.com for full T&Cs. (LA) In partnership with Bossier Casino Venture, Inc. d/b/a Margaritaville Resort Casino. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER or Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).

Validated on: October 6, 2024

Comparing the BetRivers promo code

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.

SportsbookPromo codeBonus typeBonus detailsMinimum depositRating
BetRivers Sportsbook PromoCBSBONUSSecond chance betSecond chance bet up to $500$104.5/5
FanDuel Sportsbook PromoNo codeBet and getBet $5, get $200 in bonus bets$54.7/5
Caesars Sportsbook PromoCBS1000First bet insuranceUp to $1,000 back as a bonus bet if your first bet loses$104.9/5
BetMGM Sportsbook PromoCBSSPORTSFirst bet insuranceUp to $1,500 back in bonus bets if your first bet loses$104.6/5
DraftKings Sportsbook PromoNo codeBet and getBet $5, get $200 in bonus bets instantly$54.6/5
bet365 Sportsbook PromoCBSBET365Bet and getBet $5, get $200 in bonus bets OR a First Bet Safety Net up to $1,000$104.5/5
Fanatics Sportsbook PromoNo codeBonus betsGet a $100 bet match for 10 straight days$54.2/5
ESPN BET Sportsbook  PromoNo codeFirst bet insuranceUp to $1,000 in bonus bets if your first bet loses$104.6/5
Borgata Sportsbook  PromoCBSSPORTSBet and getBet $20 or more and get $100 in bonus bets$104.1/5

Get to know BetRivers Sportsbook

BetRivers is a reputable online sportsbook that has a strong standing in the industry. Users of BetRivers Sportsbook will be able to participate in an array of promotions.

On top of that, BetRivers has very competitive odds, and its betting markets are extensive. The BetRivers mobile app isn’t the highest-rated from users, but it’s quite serviceable for betting on the go. 

You will be able to enjoy making rapid deposits and withdrawals using your preferred methods at BetRivers as well. Run into an issue? BetRivers has a very helpful customer support system to resolve any problem you may encounter.

Payment methods

BetRivers knocks banking out of the park, offering a long list of methods for handling all your deposits and withdrawals. 

Deposit options

Deposit optionsProcessing speedMin. Deposit
DebitInstant$10
Online banking via TrustlyInstant$10
VIP ACH transferInstant$10
PayPalInstant$10
VenmoInstant$10
Play+Instant$10
PayNearMeInstant$10
Vanilla DirectInstant$10
Cash at the cageInstant$10

Withdrawal options

Withdrawal optionProcessing speedMin. Withdrawal
Online banking via Trustly2-5 banking days$10
VIP ACH transfer2-5 banking days$10
PayPalWithin 1 hour$10
Play+Instant$10
VenmoWithin 1 hour$10
Cash at the cageInstant$10

Responsible gambling

BetRivers Sportsbook has a page dedicated to responsible gambling, which contains tons of information. 

At the end of the page, BetRivers posts a worthwhile message that varies depending on the state you’re located in. Take BetRivers New Jersey for example:

If you or someone you know has a gambling problem, and wants help, call: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler (see also: www.800gambler.org); or (b) Gamblers Anonymous at 855-2-Call GA (see also: www.gamblersanonymous.org).

If you navigate to the ‘My Account’ page, you will find a responsible gaming section where you can set up spending limits as well as time limits and self-suspensions for yourself.

BetRivers promo review

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.

Up To $500 In Bonus Bets
If Your Bet Loses

Validated on: October 6, 2024

Claim bonus

Must be 21+. Offer available in IL, IN, LA, MD, MI, PA, or VA. Void where prohibited. New players only. Min. $10 deposit. Bonus bet equal to losses on first real-money wager (up to max. designated amount). Expires 30 days from issuance. Min. odds and other restrictions apply. Winnings exclude amount of bonus bet. Visit BetRivers.com for full T&Cs. (LA) In partnership with Bossier Casino Venture, Inc. d/b/a Margaritaville Resort Casino. Data & text rates may apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER or Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).

Validated on: October 6, 2024

FAQ

What is the promo code for new users on BetRivers Sportsbook?

Enter promo code ‘CBSBONUS’ as a new user to claim the BetRivers Sportsbook welcome bonus.

Is a promo code necessary for BetRivers promotions?

A promo code is only necessary to claim the welcome bonus at BetRivers. All other promotions can be claimed without a promo code.

How does BetRivers welcome bonus work?

The BetRivers welcome bonus dishes out a bonus bet up to $500 if your first cash wager loses. This promotion is known as a Second Chance Bet.

Can I convert BetRivers bonus credit into cash?

All wagers that are won using bonus bets from BetRivers will be returned with the bonus bet stake removed. So, if you receive a $5 payout from using a $10 bonus bet, only the $5 will be returned as withdrawable winnings.

Are there bonus offers for same-game parlays on BetRivers?

Yes. In fact, BetRivers has a promotion called MLB Midweek SGP Profit Boost, which offers a boost percentage that is tiered by your loyalty level.

How often does BetRivers offer new promotions and bonuses?

Basically every day. BetRivers is quite adept at updating its promotional offerings for its returning bettors.

Can I combine multiple BetRivers promotions?

No, combining promotions at BetRivers Sportsbook is not possible.

Are there any referral bonuses available on BetRivers?

Yes, you can refer 1-3 friends to BetRivers. Then, your friend(s) must deposit and wager through at least $50. Then, you will receive a virtual Scratch Card worth $50-$500 in 1x bonus money.

Does BetRivers offer loyalty or VIP programs with additional bonuses?

Yes, BetRivers provides a loyalty program in the form of the iRush Rewards program, which is considered one of the very best rewards programs in the entire industry. Enrollment is automatic after sign-up.