BetRivers is a relatively young and independent sports betting operator, but it competes effectively with the nation’s most prominent corporate players. Its sharp business acumen and quality mobile betting platform are just two key drivers of its success to date.
The BetRivers bonus also plays a significant role in its ability to grab market share. In addition, BetRivers drives innovation as one of the first operators to launch live streaming sports broadcasts to accompany its diverse betting markets, generous loyalty program, and social features.
Currently, BetRivers offers new bettors a chance to paid their accounts with an extra $250 in bonus funds before they place their first wager. The BetRivers Sportsbook bonus is simple, but it provides significant value to new users.
BetRivers Promo Code: 100% Match up to $250
BetRivers offers a deposit match bonus to all new customers plus frequent short-term promos for existing users. In addition, customers can take leverage a VIP program to earn additional rewards and other perks.
New Customers: 100% up to $250 Deposit Bonus
- Promo code: 250MATCH
- Eligible states: CO, IL, IN, IA, MI, NJ*, PA, VA, WV
- Bonus Amount: up to $250
- Rollover requirement: 1x
BetRivers signup bonus goes against the grain, forgoing complicated risk-free bets in favor of an easy-to-understand deposit match offer.
New users who sign up for an account with the promo code 250MATCH and make a deposit of at least $10 qualify for a 100% match bonus worth up to $250.
BetRivers awards the welcome bonus immediately after customers make their first deposit, and bettors must wager it within 30 days of receipt. Most importantly, the BetRivers Bonus comes with a mere 1x wagering requirement on sports, making it very easy to clear. In states where BetRivers offers online gambling, customers can also clear it by playing slots or video poker.
New users must deposit at least $10 to qualify, and bettors may wager the BetRivers bonus on sports in any increments they choose. The only caveat is that players must clear the bonus on bets with odds of -200 or longer (-190, -140, +120, +200, etc.). Additionally, any wagers customers cash out early do not count toward the wagering requirements.
*BetRivers operates as PlaySugarHouse in New Jersey. PlaySugarHouse accepts the same promo code for an identical sign-up bonus offer.
BetRivers Bonus Pros
1. Low wagering requirement
Online sportsbooks are not in the business of giving away something for nothing, but BetRivers’ offer is about as close as it gets. The 1x wagering requirement is nearly unprecedented in the sports betting industry, with 5x, 10x, or even 20x being the norm.
Risk-averse bettors will appreciate this offer because they can clear it with relatively low-risk wagers. As a result, customers will likely convert a significant portion of the bonus to wager or withdraw as they wish, even if they run somewhat poorly.
Additionally, customers can wager the bonus in whatever increments they prefer. Whether it’s $250 all at once or 50 five-dollar bets, the choice is theirs. Risk-free bet promotions offered by other sportsbooks do not offer nearly the same amount of flexibility.
2. Generous bonus terms
Bettors have 30 days to clear the bonus, which should be more than enough time. The rollover requirements are about as easy to understand as it gets, and the sole restriction is that bettors can’t place wagers on overwhelming favorites (longer than -200).
All in all, it makes for a very beginner-friendly bonus. The most important thing bettors need to keep in mind is that if they do not wager the entire bonus within the 30-day timetable, it will expire in full.
3. Low upfront investment
Although deposit bonuses aren’t exactly unusual, it is becoming more commonplace for sportsbooks only to match a portion of a bettor’s deposit. Generally, customers view deposit match bonuses favorably, and many sportsbooks have found they can offer a lower match rate and still attract new users.
The BetRivers bonus is a rare gem in that regard, with a 100% match rate offer open to all new users. Customers need only deposit $250 to max out the bonus and receive another $250 on top of their initial deposit.
Compare the BetRivers offer to a 20% deposit match bonus offered by one of its competitors. A customer at that other sportsbook would have to deposit $1,250 to receive $250 in bonus funds.
BetRivers Deposit Bonus Cons
The most significant drawback of the BetRivers Sportsbook bonus is that it maxes out at $250, which is significantly lower than some other offers. However, BetRivers’ generous bonus terms offset the low cap.
Additionally, bettors are guaranteed to receive bonus funds at BetRivers as opposed to those who opt-in to risk-free bet offers and receive nothing if their qualifying bet wins.
Another minor downside is that bettors can only claim the BetRivers bonus once, even if they sign up for accounts in other states. In other words, if you usually bet in Illinois and travel to Indiana, you won’t be able to pick up an additional $250.
Where does the BetRivers Sign-Up Bonus rank?
The BetRivers bonus ranks number one in the industry because there just aren’t many negatives. It’s not a very flashy bonus, but it is as close to guaranteed money as anyone will find in online sports betting. No other sportsbook can make that claim about its welcome package.
It lacks the potential upside of a larger deposit match with steep wagering requirements or a first wager refund. However, the flexibility of the offer and its easy clearing requirements push BetRivers into the number one spot. In addition, the BetRivers deposit bonus feeds into what we consider to be the most rewarding customer loyalty program in the industry.
In terms of safe money, the BetRivers bonus ranks #1, and one can make a case that it’s the best betting bonus offered by any online sportsbook, period.
Other BetRivers Promotions
In addition to the welcome bonus, BetRivers customers may take advantage of the occasional short-term promotion related to the day’s current events.
One recurring theme at BetRivers is a list of daily odds boosts that give customers more bang for their buck. Each day, users can log in to their BetRivers accounts to find the day’s enhanced odds offers in which the standard betting odds are improved temporarily, such as from +125 to +200 on select wagering markets.
Aside from that, BetRivers is not particularly strong on promos for existing customers compared to the competition. Even during major events such as the Super Bowl, BetRivers tends to offer fewer specials than other major sportsbooks. However, a generous VIP program helps to offset the lackluster ongoing promos.
BetRivers VIP Program
BetRivers runs a VIP program for all customers called iRush Rewards. Under iRush Rewards, customers earn Loyalty Level Points (LLPs) and Bonus Store Points (BSPs) for every real money wager they place.
LLPs determine each customer’s rank in the 11-step VIP program. As customers earn LLPs, they move up through the various VIP levels to unlock ever more valuable rewards such as bonus store access, birthday gifts, VIP dinners, and more.
Customers also earn BSPs simultaneously as they place wagers. As bettors accumulate BSPs, they can redeem them for instant cash bonuses or spin the wheel for random prizes.
BetRivers Deposit Methods
Sports betting regulations in each state allow licensed sportsbooks to accept deposits through all the most common methods. BetRivers accepts the following deposit options, although availability varies by state.
- Credit and Debit: Visa, Mastercard, and Discover accepted
- VIP Preferred: This is an ACH eCheck that moves money directly from the customer’s bank account to their betting account
- Online Banking: Use the customer’s existing online banking feature to authorize a transfer of funds without revealing private banking details – works with most major banks
- PayPal: Transfer funds from a PayPal balance to the customer’s betting account
- Cash: Customers may select this option to receive a VanillaDirect barcode, take it to a nearby participating store and pay with cash
- BetRivers Play+ Card: This option allows customers to sign up for a Play+ account to make instant online deposits and receive a prepaid card they can use to receive withdrawals, withdraw cash at ATMs, and make purchases in-person anywhere Discover is accepted
- Cash at the Cage: Customers may fund their accounts and receive cash payouts in person at Rivers Casino Des Plaines
BetRivers offers live chat customer support daily from 9:30 AM to 2 AM EST, plus e-mail support and an extensive knowledge base. The knowledge base is one of the most thorough, making it easy to find answers to most questions. However, the lack of 24/7 phone support is a miss.
State regulations require all licensed betting sites to meet specific security standards “including but not limited to” network security, identity verification, location detection, error detection, and data security. Additionally, licensed operators are required to keep records of all wagers for at least ten years.
On a more practical level, BetRivers provides encrypted communications between its servers and customers. Additionally, the platform provides customers with additional security features such as:
- Two-factor authentication: Customers can activate two-factor authentication when signing up or by visiting the settings area. When active, two-factor authentication sends a temporary authentication code to the player’s registered e-mail address when a login is attempted. The person trying to log in must enter that code, or BetRivers will deny access
- Login notifications: BetRivers notifies customers every time they successfully log in to their accounts, which helps detect unauthorized logins. This feature is enabled by default, but users may disable it at any time.
Responsible Gaming Options
BetRivers sportsbook provides customers with the following responsible gaming features.
- Deposit limits: Restrict the amount deposited per day, week, or month
- Spending limits: Set a maximum loss allowed per day, week, or month
- Time limits: Restrict the number of hours a player may spend logged in per day
- Wagering limits: Restrict the total amount wagered per day, week, or month
- Self-Exclusion: Customers log in to BetRivers, visit “My Account” ->“Responsible Gaming” -> “Self-exclusion” to restrict themselves from all online gambling for a period of 1 or 5 years. This decision cannot be reversed.