UP TO $500 IN LOSSES BACK
The newest BetRivers bonus code is LSRRIV, available to new users to claim a second-chance sign-up bonus of up to $500 ($10 minimum deposit.)
BetRivers bonus code for new users
The BetRivers welcome bonus for new users is one of the easiest to understand and take full advantage of. Here’s how it works:
| BetRivers Bonus Code | LSRRIV |
|---|---|
| Welcome Bonus | Second-chance bet up to $500 |
| Bonus available in | AZ, CO, IL, IN, IA, LA, MD, MI, OH, NJ, NY, PA, VA & WV |
| BetRivers Mobile App | iOS & Android |
| Minimum Deposit | $10 |
| Deposit Options | Credit/debit cards, online banking, wire transfer, VIP Preferred eCheck, Venmo, PayPal, check |
| Offer expires | January 31, 2025 |
| Promo code valid as of | January 16, 2025 |
What to know about the latest BetRivers bonus code
Sign up with the BetRivers Sportsbook bonus code LSRRIV to claim a welcome bonus worth up to $500 in January. Here are all the details.
| BetRivers Sportsbook Affiliate Code | LSRRIV |
|---|---|
| Welcome Bonus | Up to $500 second-chance bet |
| Terms & Conditions | Get a bonus bet refund if your first bet loses |
| Minimum Deposit | $10 |
| Eligible States | AZ, CO, IL, IN, IA, LA, MD, MI, OH, NJ, NY, PA, VA & WV |
| Bonus Code Expires | January 31, 2025 |
| Promo Code Valid As Of | January 16, 2025 |
BetRivers bonus terms and conditions
The BetRivers Sportsbook bonus code sign-up offer is very straightforward, which is great for new sports bettors. Here are the terms and conditions that you need to know before claiming it.
- You need to be sure to enter the BetRivers bonus code LSRRIV when creating a new account to be eligible for the $500 welcome bonus.
- You must deposit at least $10 into your new BetRivers Sportsbook account to be eligible for the sign-up offer.
- The first cash bet you place is the one that is eligible for the $500 second-chance bonus bet.
- BetRivers issues you a bonus bet refund if your first bet loses. The refund is for 100% of your losses, maxing out at $500.
- The bonus bet refund must be wagered, it cannot simply be withdrawn.
- Lastly, if your bonus bet wager wins, you only get the winnings from it, not the value of the bonus bet itself. For this reason, if you want to break even, your bonus bet wager must have odds of +100, anything less and you will be down even if you bet with it wins. This does not mean you can’t use the bonus bet on a wager with negative odds, it just means you would still be in the hole even if you won.
And those are the key terms and conditions to know about the BetRivers Sportsbook welcome bonus available in January 2025.
BetRivers bonus vs. other sportsbook bonuses: which is better?
The BetRivers bonus code is a straightforward and reliable choice for sports bettors. With simple terms like low wagering requirements, BetRivers provides an accessible way to get started without unnecessary hurdles. This makes it an attractive option for both new and experienced bettors looking for ease and value.
While some sportsbooks advertise larger bonuses, they often come with restrictive conditions such as high rollover requirements or limited applicability. BetRivers focuses on transparency and offers a solid betting experience with a wide range of markets, live betting options, and competitive odds, making it a strong contender for those seeking a hassle-free approach to betting.
Comparing bonus offers from the best-rated sportsbooks
Here is how the BetRivers Sportsbook welcome compares to those being offered at Fanduel, DraftKings, bet365, Caesars and BetMGM.
| Sportsbook | BetRivers | Bet365 | DraftKings | Caesars | BetMGM |
|---|---|---|---|---|---|
| Welcome bonus | Second-chance bet up to $500 | Bet $5, Get $150 in bonus bets | Bet $5, Get $200 + $50 Deposit Bonus + $1,000 deposit match | Bet $1, Double Your Winnings on Next 10 Wagers | First bet insurance up to $1,500 |
| Promo code | LSRRIV | LSRVA | None needed | LSRDYW | PLAYLSR |
| Minimum Deposit | $10 | $10 | $5 | $10 | $10 |
| Bonus type | Bonus bets | Bonus bets | Bonus bets (eight $25 bonus bet tokens, one $50 bonus bet token) | Single bonus bet | Up to five bonus bets |
| Wagering period | Qualifying wager must be placed prior to 11:59 p.m. ET on 1/31/25 | Qualifying wager must be placed within 30 days of account opening | Qualifying wager must be placed prior to 11:59 p.m. ET on 1/27/25 | Qualifying wager must be placed within 30 days of account opening | Qualifying wager must be placed prior to 11:59 p.m. ET on 2/28/2025 |
| Bonus bet expiration | Seven days | Seven days | Seven days | 14 days | Seven days |
| LSR Rating | 4.3/5 | 4.6/5 | 4.8/5 | 4.5/5 | 4.7/5 |
How to claim the BetRivers second chance sign-up bonus
Signing up for an account with BetRivers is quick and easy. To begin, just click one of the links on this page to begin the registration process and follow these steps:
- Select the blue “play now” button.
- Complete the three-step registration process.
- Create your account.
- Make an initial deposit.
During registration, you’ll need to provide some basic info like your name, address and the last four digits of your Social Security number. The process is similar to what you’ll find while signing up for any other legal online sportsbook.
BetRivers will verify your identity and age as part of the process. If it has any trouble doing so, you’ll receive a notification to provide supporting documentation. Once your account is ready, you’ll be able to dive in and explore all that BetRivers has to offer.
Exciting games to bet on this week with the latest BetRivers promo
The BetRivers Sportsbook bonus code is LSRRIV, and with it, your first bet is covered for up to $500. Now comes the tricky part, deciding which bet you want to use the welcome bonus one. There are a few options:
- A Relatively Safe Bet | One of the things that’s great about the BetRivers Sportsbook welcome bonus is that there are no minimum odds requirements. This means you could bet the full $500 on a bet with very short odds. You don’t stand to win much, but you can feel more confident that you will win something. And if an upset happens, you still have the bonus bet to fall back on.
- An Even-Money Bet | You could opt for a simple spread or over/under bet where the odds are pretty close to 50/50. If you go this route, you might decide if your first bet loses to go with the same thing with your bonus bet refund, and as long as you get one of your two bets correct, you’ll be close to breaking even.
- A Longshot | The final option is to take a chance with your opening bet. This is the most risky proposition, but also comes with the highest possible reward. The theory here is that even if you lose, you’ll get a bonus bet refund so not all hope is lost immediately.
As for what games you actually bet on, this week is packed full of great options. The college football playoffs have reached the final game with the national championship on Monday, January 20th between the Ohio State Buckeyes and Notre Dame Fighting Irish. As for the NFL playoffs, this weekend is the Divisional Round with two games each on Saturday and Sunday. And, of course, you’ll find plenty of NBA, NHL and men’s and women’s college basketball action all week long at BetRivers Sportsbook.
No matter which option you choice, just be sure you understand how the BetRivers Sportsbook bonus code offer works. Remember, you don’t get your money back if your qualifying bet loses. Instead, you get a bonus bet refund. And if you win your bonus bet wager, you only get the winnings back. This is very important to understand. For example, if you get a $100 bonus bet and you use it on a bet with -200 odds and win, you’ll only get $50 back. So, to get back to even, you would need to win a bet with +100 odds.
Other BetRivers bonus codes
Here’s a look at the BetRivers bonus sign-up offers:
| BetRivers Sportsbook Bonus Code | LSRRIV |
| Sportsbook Welcome Bonus | Second-chance bet up to $500 |
| Legal States | AZ, CO, IL, IN, IA, LA, MD, MI, OH, NJ, NY, PA, VA & WV |
| BetRivers Casino Bonus Code | RIVLSR |
| Casino Welcome Bonus | Up to $500 back in first 24 hours |
| Legal States | MI, NJ, PA & WV |
| Promo Codes Valid As Of | January 16, 2025 |
BetRivers offers for existing users
The best BetRivers bonus is the welcome bonus worth up to $500, but that is far from the only bonus available. In addition to the sign-up offer, existing BetRivers Sportsbook users will find a number of bonuses available. Here are our favorites:
- Prop Packs | Place same-game parlays at BetRivers and collect player cards, which can be used to redeem rewards and a chance at up to $10,000 in bonus money. If you place a $10 SGP, you get one bronze playing card from your wagered game. A $25 SGP gets you a bronze and silver card. And a $50 same-game parlay bet gets you a bronze, silver and gold card. Each card has targets for your player to hit in a game, as you might expect, silver cards pay out more than bronze cards and gold cards pay out more than silver cards. To win the $10,000 prize, you must have a gold NBA player card, and that player must score 50 points in the selected game.
- iRush rewards | With the iRush Rewards loyalty program, BetRivers users get rewarded for every bet they place. Those rewards can be turned into bonus bets, profit boost, no-sweat offers and much more.
BetRivers Sportsbook promos by state
Here’s a rundown of the BetRivers bonus code sign-up offer by state:
| State | Welcome Bonus | BetRivers Bonus Code |
|---|---|---|
| BetRivers Sportsbook Arizona | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Colorado | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Illinois | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Indiana | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Iowa | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Louisiana | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Maryland | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Michigan | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook New Jersey | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook New York | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Ohio | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Pennsylvania | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook Virginia | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook West Virginia | Second-chance bet for up to $500 | LSRRIV |
BetRivers promos for NFL Divisional Round
You can use the BetRivers Sportsbook welcome bonus to bet on the NFL Playoffs. All you have to do is sign up using the BetRivers bonus code LSRRIV and then your first bet will be covered for up to $500. Keep in mind, that refund comes as a bonus bet, not a cash refund.
BetRivers Sportsbook also offers the NFL Playoff parlay insurance promotion. For this offer, if your NFL parlay loses by just one leg you’ll also get a bonus bet refund.
On top of that, you can check out the house specials for boosted NFL bets throughout the postseason.
BetRivers Casino welcome bonus
BetRivers online casino offers a welcome bonus for new players. Use the code RIVLSR during sign-up to claim up to $500 back on net losses during your first 24 hours, with generous rewards and low wagering requirements. Start playing and make the most of your first day!
- 100% of Losses in First 24-Hours up to $500 Back
- ONLY 1x Play Through on Bonus Money!
- Use Affiliate Code: RIVLSR
BetRivers bonus eligibility requirements
You can be ready to start wagering at BetRivers in just a few minutes, but you’ll need to meet a handful of requirements first. Here are the key points to know about eligibility:
| How old do you have to be to play at BetRivers Sportsbook? | The minimum age to bet on sports is 21 for all of the states in which BetRivers is legal. |
| Are there any restrictions to know about? | If you’re on any self-exclusion lists for gambling, you won’t be able to play. Personnel who are affiliated with a particular sport cannot wager on that sport. |
| Who is eligible for the bonus offer? | The offer is open to all new BetRivers players who use the code LSRRIV. If you have an existing account, you’re not eligible. |
| Where is BetRivers Sportsbook legal? | BetRivers Sportsbook is currently legal in AZ, CO, IL, IN, IA, LA, MD, MI, OH, NJ, NY, PA, VA & WV |
| Do I have to be a resident of a legal state to play? | No, there’s no residency requirement to play at BetRivers. However, you do need to be within the borders of a state where it is legal to place bets. The sportsbook uses geolocation tracking to verify your location. |
There are also state-specific requirements to be aware of, such as no prop betting on college sports in certain markets. Details on the various rules and regulations are available on our individual state pages
How bonus bets work at BetRivers Sportsbook
Looking to take full advantage of the BetRivers bonus code offers? BetRivers Sportsbook provides multiple ways to claim bonus bets, whether through the generous $500 sign-up offer, ongoing BetRivers promos, or even occasional surprise rewards. Once you’ve secured your bonus bet, it’s essential to understand how it works to maximize its value. Here’s a quick breakdown of what you need to know:
BetRivers Bonus Bets Expire After 7 Days
When you receive a bonus bet, you’ll need to use it within seven days. However, the bet itself doesn’t have to settle within that timeframe — you just need to place the wager before the expiration date.
How to Use Your BetRivers Bonus Bet
- Choose the wager you want to place.
- In the BetRivers Sportsbook betslip, you’ll see an option to apply your bonus bet.
- Select the bonus bet and confirm your wager.
Key Difference: Bonus Bets vs. Cash Bets
When using bonus bets, remember you won’t get the value of the bet back if you win — only the profit. Let’s break it down with an example:
- $100 Cash Bet | If you wager $100 cash on odds of +100 and win, you’ll receive $200; $100 in winnings plus the return of your original $100 stake.
- $100 Bonus Bet | If you use a $100 bonus bet on the same odds and win, you’ll receive $100 in winnings. The bonus bet amount doesn’t return to your account.
Maximize Your BetRivers Bonus Code Benefits
Understanding how BetRivers bonus bets work ensures you get the most value from offers like the $500 BetRivers bonus code. Be sure to explore ongoing promotions for additional opportunities to boost your bankroll.
Ready to claim your bonus bets? Sign up with the BetRivers bonus code LSRRIV today and start betting smarter!
Using BetRivers promos to build your bankroll
The best promotion that BetRivers Sportsbook offers is its $500 welcome bonus. With the BetRivers bonus code LSRRIV your first bet is insured for up to $500. This way, if your opening bet loses, you’ll receive a bonus bet refund to help make up for the loss. You still have to use the bonus bet, it cannot be withdrawn, but this is still much, much better than not having a second chance.
We should warn you that bonus bets are not the same as cash. If you win a wager using a bonus bet, you’ll only receive the winnings from that wager, not the value of the bonus bet as well. This means, if you lose your initial wager at BetRivers Sportsbook, you must win a bet with odds of +100 or longer to get back to even.
For example, let’s say you bet the maximum $500 and lost. Then, you used your $500 bonus bet on a spread bet with -110 odds and won. You would end up with $454.55, or $45.45 less than what you started with. Still, this is nothing to sneeze at, because without the welcome bonus, you would be down $500, instead of just over $45.
BetRivers offers a handful of other promotions that will help in your pursuit of growing your bankroll. However, we will admit, the promotions at BetRivers Sportsbook are not as good as those offered at bet365, DraftKings, BetMGM, Caesars or FanDuel.
Easy wins for beginners using BetRivers Sportsbook bonuses
The easiest win beginners will find at BetRivers Sportsbook is the welcome bonus offer. You get a second-chance bet worth up to $500 when you open an account using the BetRivers bonus code LSRRIV.
The way this offer works is simple: Place your first bet at BetRivers Sportsbook, if it loses, BetRivers refunds you with a bonus bet equal to the size of your losing bet. The maximum refund is $500. Essentially, this BetRivers bonus gives you two bites at the apple. Fair warning though, it is still very possible to lose your first two bets, meaning you would be down whatever you bet.
Apart from the BetRivers bonus code sign-up offer, you’ll find a number of promos, specials and bonuses every day at the online sportsbook. Some of these offers are for profit boosts, meaning you’ll get a bigger payout if your bet wins. Others are for insurance offers. These types of BetRivers promos work just like the welcome bonus, if your qualifying bet loses, you’ll be refunded with a bonus bet, up to the state limit.
While there are no guarantees when it comes to sports betting, BetRivers does make it a little easier for beginners to hit the ground running right out of the game. One tip we have when claiming promos at BetRivers: Be sure to always peruse the terms and conditions to make sure you understand the bonus fully.
Quick tips to cash out BetRivers bonus winnings
To cash out your BetRivers bonus winnings quickly, start by understanding the terms and conditions of the bonus, such as wagering requirements, minimum odds, and eligible games. Use strategic betting to meet these conditions efficiently, focusing on high-RTP casino games or reasonable sports odds that align with the bonus criteria. Monitor your progress using BetRivers’ tools to stay on track.
Once you’ve fulfilled the requirements, verify your account details to avoid delays. Head to the cashier section of the BetRivers app or website, select a withdrawal method like PayPal or ACH transfer, and submit your request. BetRivers typically processes withdrawals within a few business days, ensuring you receive your funds promptly.
Is BetRivers Sportsbook legal?
Yes, BetRivers is a legal and licensed sportsbook that is available in over a dozen states and Ontario, Canada. The company is working toward expanding into additional locales in the near future. Here’s a look at the currently available states and some relevant details:
| State | Partner | Launch Date | Special Considerations |
|---|---|---|---|
| Arizona | Arizona Rattlers | October 2021 | No prop betting on college sports. |
| Colorado | Triple Crown Casino | May 2020 | No prop betting on college sports. |
| Illinois | Rivers Casino | June 2020 | No wagering on in-state college teams or events. |
| Indiana | French Lick Resort Casino | October 2019 | No prop betting on college athletes. |
| Iowa | Wild Rose Casino | January 2021 | No prop betting on college athletes. No deposits or withdrawals via credit card. |
| Kansas | TBD | Expected soon, exact date TBD | No major restrictions |
| Louisiana | Coushatta Casino Resort | January 2022 | No betting while located in the following parishes: Caldwell, Franklin, West Carroll, Catahoula, Jackson, LaSalle, Sabine, Union and Winn |
| Maryland | Bingo World, Baltimore | November 2022 | No betting on high school sports. |
| Michigan | Little River Casino Resort | January 2021 | No prop betting on college athletes. |
| New Jersey | Golden Nugget Casino | August 2022 | No prop betting on college athletes. |
| New York | Rivers Casino | January 2022 | No prop betting on college athletes. |
| Ohio | Hollywood Casino in Columbus | January 2023 | No prop betting on college athletes. |
| Pennsylvania | Rivers Casino | December 2019 | No wagering on high school sports. |
| Virginia | Online Only | January 2021 | No wagering on in-state college teams. No prop betting on college sports. |
| West Virginia | Mountaineer Casino | June 2022 | No wagering on high school sports. |
BetRivers Sportsbook review
As you can see from the Apple and Google reviews, BetRivers has some work to do with app performance. The fact that there are separate apps for each state makes it a little challenging, but the company seems to be doing a solid job of addressing user concerns.
The sportsbook website offers a better experience. There are plenty of clear links and clean menus. You can find and perform all of the main functions with ease. On the downside, there’s a large news feed that takes up a good deal of space.
You can’t minimize it, either, but it doesn’t impact the functionality of the bet slip that appears on that side of the screen as you add selections. On the positive side, the game listings are clear and filled with information.
When you click on a specific game, there are separate menus for all of the main categories. The addition of stats and tips is a nice touch, and there’s even a live streaming option for some games and events.
The website works well and provides a comparable experience to what you’d find at Caesars Sportsbook or BetMGM, but it’s not quite as smooth as DraftKings or FanDuel. If BetRivers can take care of the app performance issues, the marks will be even higher.
The top three things we like
BetRivers has been steadily gaining traction in several legal states, and we expect that to continue as the sportsbook continues to expand. Here are three of the top things that the company has been doing right:
- Platform: Smooth, functional and easy to use, the BetRivers online betting platform gives the bigger books a run for their money. It also contains a lot of great features, and things generally run seamlessly.
- Loyalty: From the moment you sign up, BetRivers takes care of you as a sports bettor. There’s a regular selection of sportsbook promos, as well as one of the top rewards programs in the business.
- Choices: There are more than enough sports to keep you busy year-round, and plenty of ways to bet on each of them. From casual to seasoned bettors, BetRivers has something for nearly everyone.
Three things we would like to see BetRivers improve
While BetRivers is a solid online sportsbook on an overall basis, a few tweaks could help take it to the next level. Here are three of the main areas:
- Layout: The online platform itself is great, but navigation could be better. The main hang-ups are a news feed that takes up lots of space and a betting lobby that could use better organization.
- Availability: For now, BetRivers is available in fewer states than some of its competitors. The company is working on expanding, so we’re hopeful that this can improve going forward.
- Uniformity: While other sportsbook heavyweights have betting sites that cover multiple states, BetRivers has gone the state-specific route with individual offerings. Some user complaints have specifically targeted the app’s performance.
BetRivers banking options
BetRivers has a solid selection of ways for you to fund your account. The cashier itself is simple and easy to use and it’s one of the fastest-paying sportsbooks. Once you log in, you can check out all of the available banking options near your account section, and you’ll also find a list in the FAQs.
- VIP Preferred ACH
- Online banking
- Credit card or debit card
- PayPal
- Play+
- PayNearMe
- Cash at the cage of a partner casino
Please note that these options may vary by state. After you’ve created your account, you can deposit instantly with your method of choice. When it’s time to withdraw, BetRivers will need to process your request.
It generally goes pretty quick, as in the same day or next business day, but it could take longer during peak periods or if you initiate your request during overnight hours. After BetRivers approves, the processing time will depend on the method that you use.
There’s a minimum of $10 for deposits, while withdrawals may have a cap depending on the option. You can find complete details on the minimum and maximum for deposits and withdrawals on the cashier page at BetRivers.
Promoting responsible gambling with BetRivers
BetRivers is committed to promoting responsible gambling and ensuring a safe and enjoyable betting environment for all users. The platform offers tools such as deposit limits, time-outs, and self-exclusion options to help players stay in control of their gaming activities.
BetRivers also collaborates with organizations like Gamblers Anonymous and the National Council on Problem Gambling to provide resources and support for those facing gambling-related challenges. By prioritizing player well-being, BetRivers demonstrates its dedication to fostering a balanced and responsible sports betting experience.
FAQs
How does the BetRivers welcome bonus work?
The BetRivers welcome bonus offers a second-chance bet for new users. Use the promo code LSRRIV during registration to claim the $500 offer. Simply make your first deposit and place a wager. If your first bet doesn’t win, BetRivers will refund your wager in bonus bets, up to the maximum allowed by the offer.
What is the BetRivers bonus code?
The promo code for the BetRivers welcome bonus is LSRRIV. Enter this code during registration to ensure you qualify for the second-chance bet offer worth up to $500. The bonus will be applied automatically once the terms and conditions are met.
How do I opt into BetRivers promos?
To opt into BetRivers promotions, visit the “Promotions” section on the website or app. Select the promotion you’re interested in, click the opt-in button, and follow any additional requirements, such as making a deposit or placing a qualifying bet. Be sure to check back frequently for new offers.
How do you get the second-chance bet on BetRivers?
To access the second-chance bet, sign up with the promo code LSRRIV, make your first deposit, and place a cash wager. If your first bet doesn’t win, BetRivers will return the amount as a bonus bet, up to $500. Bonus bets are subject to terms and must be used within a specified time frame.
Does BetRivers offer a no-deposit welcome bonus?
No, BetRivers does not currently offer a no-deposit bonus. However, you can claim the second-chance bet by making a deposit and placing your first wager.
Can I claim more than one BetRivers sign-up bonus?
No, each user is limited to one welcome bonus per BetRivers account. Once you’re registered, you can take advantage of additional ongoing promotions for existing customers. Welcome bonuses cannot be combined with offers from other BetRivers platforms like casino or poker.
Where do I enter a promo code on the BetRivers app?
You can enter the BetRivers bonus code LSRRIV during the registration process in the designated field. Be sure to include this code to qualify for the second-chance bet. If you leave the promo code field blank, you may not be eligible for the offer.
In which states is BetRivers Sportsbook available?
BetRivers online sportsbook is available in Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, Ohio, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.