
BetRivers Bonus Code: $500 Second Chance Bet for New Users
This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports.
The current BetRivers welcome bonus gives new users a second-chance bet worth up to $500 if their first wager loses. To qualify, bettors must place a real-money wager using the second-chance option—if that bet loses, BetRivers refunds the stake as a Bonus Bet.
BetRivers is operated by Rush Street Interactive, one of the most established sportsbook operators in the U.S. Known for its fast payouts, clean app design, and strong local market focus, BetRivers delivers a reliable sportsbook experience across major U.S. sports.
Current BetRivers Bonus Offer Details: $500 Second Chance Bet
New users can receive a Bonus Bet equal to their stake up to $500 if their first wager loses and the second-chance option is selected.
BetRivers Promo Code Terms & Conditions
- New users only; one welcome offer per customer
- Must be 21+ and physically located in an eligible state
- Must make a first deposit of $10 or more
- Player must select the second-chance bet option on the bet slip
- If the qualifying wager loses, BetRivers issues a Bonus Bet equal to the stake (up to $500)
- Bonus Bets expire 7 days after issuance
- Bonus Bet stake is not returned with winnings
- Cash-outs, voided bets, Profit Boost wagers, and Bonus Bet wagers do not qualify
- Odds must be -200 or longer for Bonus Bet use
How to Sign Up and Claim the BetRivers Welcome Bonus
- Download the BetRivers app or visit BetRivers.com
- Register with your name, email, address, and last four digits of your SSN
- Deposit $10 or more
- Place your first wager and check the second-chance bet option
- If the bet loses, BetRivers credits a Bonus Bet equal to your stake
- Use the Bonus Bet within 7 days
H2: BetRivers Promotions for Existing Customers
In addition to its welcome offer, BetRivers runs a rotating lineup of promotions for existing customers across major sports and events. These promos are designed to add extra value through odds boosts, insurance-style offers, and free-to-play contests, rather than requiring high wagering volume.
While available promotions can vary by state and season, BetRivers typically focuses on low-friction, opt-in bonuses that are easy to understand and quick to use.
Common BetRivers promotions for existing customers include:
⚡ Odds Boosts
Enhanced odds on featured games and popular markets across NFL, NBA, MLB, and more.
🩹 Second Chance & Bet Insurance Offers
Select wagers may qualify for a refund in Bonus Bets if the bet loses, often capped at a fixed amount.
🎯 Parlay Insurance & Boosts
Bonus protection or boosted payouts on qualifying multi-leg parlays, depending on the promotion.
🏈 Event-Specific Promos
Limited-time offers tied to major events like the Super Bowl, March Madness, NBA Playoffs, and MLB postseason.
BetRivers promotions are typically state-specific, so available offers may differ depending on where you’re located. Always check the Promotions tab inside the BetRivers app for the most up-to-date offers and eligibility details.
BetRivers Promo Comparison vs Other Sportsbooks
How Does BetRivers’ Welcome Bonus Compare to the Competition?
BetRivers typically offers a competitive second-chance bet promo, which appeals to both casual bettors and experienced users who want flexibility and value on early wagers.
When you compare BetRivers to other top sportsbooks:
- The bet365 bonus code FOX365 delivers one of the highest bet-and-get values without needing a winning outcome.
- The Caesars Sportsbook promo code FOX20X is a multiplier-style promo built for players who want to maximize small stakes with big potential returns.
- BetMGM bonus code FOXSPORTS unlocks up to $1,500 in bonus bets if your first bet loses and has one of the highest ceilings of any second chance bet.
- Fanatics Sportsbook promo code offers the largest potential value overall; however, you have to lose $200 in bets for 10 days straight to unlock the full bonus value.
- DraftKings and FanDuel both provide bet-and-get offers that only apply if your bet wins, with strong ceilings that boost early bankrolls.
The BetRivers second chance bonus sits in the middle of this comparison: it won’t offer the absolute highest potential bonus like BetMGM or Fanatics, but it protects your first stake, which is ideal for cautious bettors or anyone new to online sportsbooks. Combined with BetRivers’ robust market depth and regular ongoing promos, this welcome bonus remains competitive across many key states.
BetRivers Legal States
Here is a list of all the states where you can wager with theScoreBet:
- Arizona
- Colorado
- Delaware
- Iowa
- Illinois
- Indiana
- Louisiana
- Maryland
- Michigan
- New Jersey
- Pennsylvania
- Virginia
- West Virginia
BetRivers Sportsbook Review 2025
BetRivers Sportsbook delivers a solid online wagering experience with a blend of user-friendly design, competitive markets, and a compelling second-chance welcome bonus for new customers. Operated by Rush Street Interactive (RSI), BetRivers combines deep betting options with a clean interface and reliable banking features, making it a strong choice for both casual bettors and experienced users.
BetRivers User Experience & Interface
BetRivers has a straightforward, functional interface that prioritizes ease of use and clarity:
- Clean layout across desktop and mobile platforms
- Simple navigation between sports, markets, and live betting
- Betslip updates in real time with clear payout previews
- Dark/Light mode options for comfort in different lighting
The design isn’t flashy, but it’s intuitive and reliable, which makes it easy for new users to find markets and place bets quickly.
BetRivers Mobile App Review
Key Strengths:
- Smooth navigation between live and pregame betting
- Quick load times and responsive design
- Fast bet placement process
- Integrated account management and cashout features
theScore Bet Market Depth & Betting Options
BetRivers offers a broad slate of markets across major and niche sports:
Common bet types include:
BetRivers Betting Features & Innovation
BetRivers includes several features designed to improve the wagering experience:
- Cash-Out: Option to settle bets early (where available)
- Live Betting: Real-time markets with dynamic odds movement
- Bet Builder (where applicable): Create custom parlays or combinations
- Stats & Insights: In-platform data to support betting decisions
While not as advanced as some international platforms in analytics or visualizations, BetRivers covers all the core features bettors expect.
BetRivers Live Betting Features
BetRivers provides a robust live betting hub:
- Rapid in-play odds updates
- Clear display of current markets and score trackers
- Quick access to popular live events
- Occasionally enhanced odds boosts on select games
The BetRivers live experience is solid, though some competitors offer deeper micro-market coverage.
BetRivers Deposit & Withdrawal Methods
BetRivers supports a wide range of deposit options, though availability can vary by state. Common deposit methods include:
- Online banking/eCheck (ACH)
- Debit/credit cards (Visa, Mastercard, Discover, American Express) — deposit only
- PayPal
- Venmo
- BetRivers Play+ prepaid card
- Cash at a physical sportsbook location (where available)
- PayNearMe / Vanilla cash deposits at retail locations
Most deposit methods are instant once initiated, and the minimum deposit is $10.
Available withdrawal options are slightly narrower than deposit choices (you generally cannot withdraw back to credit/debit cards), and include:
- PayPal withdrawals – often very fast once approved
- BetRivers Play+ prepaid card that can receive instant withdrawals and be used at ATMs
- Online banking/ACH transfers – typically take 2–5 business days
- Cash at casino cage or physical sportsbook – generally instant once approved
- Paper check by mail – 10–14 business days (longest option)
Play+ and cash at cage are usually the fastest ways to access funds once BetRivers approves the withdrawal. Online banking takes a few business days, which is typical for regulated sportsbooks. Paper checks are the slowest but remain an option in many states.
BetRivers Bet Pros & Cons
Pros:
- Protective welcome bonus with second-chance coverage
- Clean, functional app and desktop experience
- Competitive markets across major sports
- Fast banking options and frequent payouts
- RSI’s established reputation
Cons:
- Not as many niche markets as some rivals
- Feature set (analytics, visuals) isn’t leading edge
- Welcome bonus only pays out if your bet loses.
BetRivers Bonus Code FAQ
What is the current BetRivers promo code?
- No code is required.
Where is BetRivers legal?
- AZ, CO, DE, IA, IL, IN, LA, MD, MI, NJ, PA, VA, WV
Is BetRivers legit?
- Yes — it’s fully licensed in every operating state and regulated by Rush Street Interactive.
Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, and follow leagues, teams and players to receive a personalized newsletter daily!

