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$500 Second Chance Bet
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$500 Second Chance Bet

BetRivers Bonus Code: Use ODDSPEDIA for a $500 Bonus Bet in March 2025

New users in most states can unlock one of the nation's premier bet insurance sportsbook promos — up to a $500 second chance bet. For those in CO or NJ, a $250 bonus is available instead, while bettors in AZ, IA, NY, OH, and WV can garner a $100 bonus bet offer. If you're located in Michigan, New Jersey, Pennsylvania or West Virginia, you'll need BetRivers bonus code ODDSPEDIA to unlock the deal.

$500 Second Chance Bet

If you lose, you'll receive 100% of your qualifying wager back as a bonus bet. Must be 21+ and present in the U.S. T&Cs apply.

Best BetRivers Sportsbook bonus

Despite not often finding itself in the conversation of the country's best sportsbooks, BetRivers holds its own when it comes to delivering a quality sign-up bonus. After registering and making a first deposit of at least $10, you can place a qualifying wager on any market you prefer. Should it lose, the sportsbook will return your stake, up to $500 — the amount may vary depending on your location — as a single bonus bet.

You'll only need to input BetRivers bonus code ODDSPEDIA if you're located in MI, NJ, PA or WV.

⭐ BetRivers bonus code (MI, NJ, PA, WV only) ODDSPEDIA
💰 BetRivers bonus (most states) $500 second chance bet
💰 BetRivers bonus (AZ, IA, NY, OH, WV) $100 second chance bet
💰 BetRivers bonus (CO, NJ) $250 second chance bet
🎁 Promo type Bet insurance
💸 Minimum deposit $10
💵 Minimum wager N/A
🎲 Odds requirements -200 or longer
🎰 Bet types All bet types
🌎 Legal states AZ, CO, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA, WV
📱 BetRivers betting app iOS & Android
⌚ Offer expiry Ongoing
✅ Last verified March 2025

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How does the BetRivers bonus code work?

Although the BetRivers sign-up bonus typically maintains a first-bet insurance-style promotion across regions, the offered amount fluctuates. Presently, in most locales, you can receive up to a $500 bonus bet following the loss of your initial wager. However, in Colorado and New Jersey, the offer is a $250 bonus bet, while it stands at $100 in Arizona, Iowa, New York, Ohio, and West Virginia.

Aside from needing to enter BetRivers promo code ODDSPEDIA in select states to redeem the sportsbook's sign-up bonus, you'll also have to meet some specific terms and conditions:

  • Register a new account with BetRivers Sportsbook and input bonus code ODDSPEDIA (NJ, MI, PA, WV only).
  • Put down a first minimum deposit of $10 or more.
  • Place a qualifying wager of any amount on any sports market.
  • If your initial wager loses, you'll receive your stake back, up to $500 — $250 in CO and NJ; $100 in AZ, IA, NY, OH, and WV — as a bonus bet.
  • The bonus bet must meet a 1x playthrough requirement at odds of -200 or greater.
  • Should you fail to use the bonus bet within 30 days, it will expire.
  • Don't forget: Any winning wagers made with bonus bets will not return the stake.

Top current BetRivers promos

Up to a $500 bonus bet

$500 Second Chance Bet

If you lose, you'll receive 100% of your qualifying wager back as a bonus bet. Must be 21+ and present in the U.S. T&Cs apply.

The best promotion BetRivers currently offers is its welcome bonus, which provides first-bet insurance of up to $500 in most states. This sportsbook promo is particularly good for players who are comfortable spending large amounts, as you need to wager $500 to get the most out of it.

While other sportsbooks have similar offers with higher maximum values, BetRivers' iteration of the deal gives you up to 30 days to spend your bonus bet. Other sports betting sites have much shorter expiry times, which can lead to you feeling rushed to use your bonus funds.

BetRivers Prop Packs

Place real-money, pre-match same-game parlay wagers on NBA games to receive Prop Packs cards. The more you spend, the higher level of card you will receive, from bronze tier to gold tier.

  • $10 SGP: One bronze card from the game you wagered on.
  • $25 SGP: Two-pack containing bronze or silver cards.
  • $50 SGP: Three-pack containing bronze, silver or gold cards.

The higher level of card, the bigger prizes you can win. Gold cards give you a shot at $10,000 in bonus money.

How to enter the BetRivers bonus code

Collecting your BetRivers promo is a straightforward process, regardless of how much sports betting experience you have. I've outlined the steps for you below:

1. Register

Should you be 21 or older and reside in a region where the betting app operates, you can sign up to acquire whichever version of the second chance bet offer is available to you. BetRivers Sportsbook bonus code ODDSPEDIA is only necessary in MI, NJ, PA and WV. Remember to have your personal details on hand before you begin.

2. Deposit funds

Once your new account is active, the next step is to deposit funds. Keep in mind that you must put down at least $10 to be eligible for the welcome bonus.

3. Place your wager

To receive the BetRivers bonus code offer, you must place a qualifying wager of any amount on any sports market. Should that wager flop, the sportsbook will issue you a refund of up to $500 — or your location's specified amount — as a bonus bet.

4. Receive the bonus

After your initial wager has settled as a loss, you will receive your bonus money within 24 hours. If you don't use the promo within 30 days of receipt, it will expire.

5. Withdraw winnings

Any winnings you earn can be withdrawn whenever you wish. But remember: Bonus funds are not considered real cash and, therefore, cannot be withdrawn in the same manner. Instead, they must be used to bet further — don't forget the 1x playthrough requirement — with the sportsbook.

BetRivers March Madness promos and odds

The 2025 NCAA tournament is almost here, and BetRivers will be featuring some great March Madness promos. Check back here leading up to and throughout the festivities to see what BetRivers has on tap.

In the meantime, take a look at the March Madness odds ahead of the men's tourney. Will a favorite like Duke or Auburn go all the way, or will a lower seed have a run for the ages?

2025 March Madness odds

Team 🏀 Odds to win March Madness 🏆
Duke +300
Auburn +340
Houston +750
Florida +900
Tennessee +1500
Alabama +1500
Iowa State +2000
Texas Tech +2500
Saint Johns +2500
Michigan State +2500

*Odds accurate as of March 7, 2025

BetRivers promo comparison

Switching between different sportsbooks to compare sign-up bonuses can be a hassle, especially when some offers are nearly identical. To simplify things, I've put together the table below so that you can more easily consider BetRivers vs Caesars, FanDuel vs DraftKings, BetMGM vs DraftKings, BetMGM vs FanDuel, and more.

  BetRivers ⚡ FanDuel 🔵 DraftKings 👑 Caesars 🏛️ BetMGM 🦁
Welcome offer Up to a $500 Second Chance Bet Bet $5, win $200 in bonus bets Bet $5, get $150 in bonus bets + $1K deposit bonus Bet $1, get 10x 100% profit boosts Up to $1,500 back in bonus bets
Promo code ODDSPEDIA (MI, NJ, PA, WV only) No code No code OPBONUSDYW ODDSBONUS
Bonus type First bet insurance Bet & get Bet & get Profit boosts First bet offer
Bonus format One (1) bonus bet equal to stake $200 in bonus bets Six (6) $25 bonus bets Ten (10) 100% profit boost tokens Up to $1,500 in bonuses
Minimum deposit $10 $5 $5 $1 $10
Days to use 30 7 7 14 7
Expert rating 4.5/5 4.8/5 4.9/5 4.7/5 4.7/5
Review BetRivers review FanDuel review DraftKings review Caesars Sportsbook review BetMGM review

All BetRivers promotions

Aside from the BetRivers bonus code offer — which is always available to first-time customers — the online betting app often swaps out old promos with new ones on a weekly basis. Here are the types of offers you can expect to see on the BetRivers promotions page: 

BetRivers promo 💰 BetRivers promo details ✍️
Bet-and-get deals Place a qualifying bet on select sports and receive a bonus bet matching a certain percentage of your stake. Limits apply.
Parlay offers BetRivers frequently provides parlay offers for big sporting events. For example, during the Super Bowl, the sportsbook allowed users to claim a second chance SGP that returned their stake up to a certain amount if the bet lost.
Sport-specific offers Throughout the year, BetRivers delivers promos catering to soccer fans, basketball fiends, hockey lovers, tennis diehards, and more.
Odds boosts There's no shortage of odds boosts at BetRivers, particularly surrounding big events and local markets. For example, you might see something with original odds of -120 boosted to +110 or higher.

BetRivers bonus code for existing users

None of the promotions for existing users require BetRivers bonus codes. Below, I've broken down some BetRivers promos for active users:

🎁 iRush Rewards

One of the shining elements of BetRivers is its loyalty program for existing users, where you can spend iRush Rewards points at the bonus store to garner prizes that help build your bankroll. You can unlock prizes tailored specifically for you the higher your loyalty level gets. The more you play, the higher the loyalty level you achieve and the bigger rewards you earn. There are nine levels in all.

Players will earn three types of points on every bet: Loyalty Points, Bonus Store Points, and Tier Points.

🤝 BetRivers Refer a Friend

Sports betting is more fun with your friends, which is why BetRivers knows the importance of a good sportsbook referral bonus. When you share a unique sign-up link with your friend and they deposit and wager at least $50, you'll receive a free spin on the BetRivers wheel. You'll receive anywhere from $50-$500 in bonus bets from this spin.

You can refer up to three friends, but once you reach VIP status in the loyalty program, there is no limit on referrals.

BetRivers Casino bonus code

In addition to its sports betting product, BetRivers features an online casino in four states. If you're in Michigan, New Jersey, or West Virginia, you can sign up with BetRivers Casino to redeem a 100% refund, up to $500, on losing wagers made during your first 24 hours of play. Those in Pennsylvania can instead acquire a $250 deposit match. Neither offer demands a BetRivers Casino bonus code. 

  • Get started by registering with BetRivers Casino and opening an account.
  • Make a first minimum deposit of $10 or more.
  • Should you be in Michigan, New Jersey, or West Virginia, you'll be given back any real-money funds you lose — up to $500 — over your first 24 hours of play as non-withdrawable bonus bets.
  • If you're in PA, the online casino will match your initial deposit amount, up to $250, in bonus funds.
  • You will receive the bonus bets within 72 hours48 in PA — of the qualifying period ending.
  • The BetRivers Casino bonus comes with a 1x wagering requirement that must be met within 30 days.

BetRivers Sportsbook review

Newer to the game than some industry stalwarts like BetMGM or Caesars, BetRivers has nevertheless made its presence known via a highly dependable online sportsbook. Due to a user-friendly interface, clean design, simple navigation, quality live streaming section, and more, the Rush Street Interactive product has become a staple of any serious bettor's sportsbook rotation. 

To find out more about the sports betting app, comb through our complete BetRivers review or check out a few of the highlights below.

BetRivers mobile app

Simple and intuitive, BetRivers flaunts one of the top sports betting apps — particularly for new users. With smooth navigation, well-organized betting markets, a range of sports to choose from, consistent promotions, and quality customer service, the BetRivers app can hold its own against some of the industry's top-tier competitors. 

The BetRivers sportsbook app is available for both Android and iOS devices. To download BetRivers onto your phone, visit the App Store, Google Play store, or the sportsbook's website. 

📱 App Store rating 4.4/5
📱 Google Play rating 3.2/5
⬇️ Download size 186.8 MB
⚡ Payout speed Within 24 hours
💰 Welcome bonus $500 second chance bet
BetRivers Sportsbook app

BetRivers top features

When it comes to its top features, BetRivers keeps pace with the competition. Here's what we like best about the sportsbook:

Live betting — Most top-tier online sportsbooks boast dedicated in-play betting sections, and BetRivers is no exception. You can wager on myriad sports as they happen, and the available bet types almost always feature up-to-the-second odds.

Live streaming — While many sportsbooks provide in-play betting, only some deliver live streaming. BetRivers is one of them, enhancing its product with streams for plenty of sports, from NHL games to tennis matches. 

Same-game parlays — A must-have nowadays, BetRivers offers extensive options for its same-game parlays. You can either create your own or use the sportsbook's “SGP Quick Pick” feature, which tenders a pre-built option.

BetRivers pros and cons

Where we think BetRivers excels:

Excellent loyalty program — Active users can take advantage of a first-class VIP experience via BetRivers' iRush Rewards program. By betting regularly, you can climb a tiered ladder and unlock prizes, including special promos, gifts, and priority service. Few loyalty programs are as involved or meticulous as BetRivers'. 

Quality live streaming and betting — While plenty of sportsbooks have in-play betting sections, not all have complementary live streaming. BetRivers streams numerous events throughout the year, from tennis matches to NFL contests to soccer games, providing an enhanced wagering experience for many of the most popular sports.

Consistent promotions — Aside from its $500 second chance bet welcome offer — again, use BetRivers bonus code ODDSPEDIA — the sportsbook provides various ongoing promos. Existing customers can capitalize on profit boosts, free-to-play contests, parlay offers, and more.

Where we think BetRivers could improve:

Few withdrawal options — BetRivers' banking section contains a number of the most popular payment methods. However, while most of these methods can be used for deposits, not all of them can be used for withdrawals.

Lack of 24/7 live chat — Although BetRivers' customer service is mostly impeccable, not having 24/7 access to a live agent via chat is a notable miss.

What BetRivers sports markets can you bet on?

When looking to make your first bet for the BetRivers bonus, you'll find the online sports betting site offers a wide range of markets, including: NFL, NBA, MLB and NHL.

Whether you're concentrated on NFL oddsNBA oddsMLB oddsNHL odds, or something else, BetRivers likely has it. Additionally, limited-time markets often appear for big events, and BetRivers is one of the best Super Bowl betting sites and March Madness betting sites.  

What BetRivers bet types are available?

The BetRivers Sportsbook platform supports a wide variety of bet types, and you can place your sign-up bonus' qualifying wager on any of them. Here are the betting site's most popular options: 

  • Moneylines
  • Point spreads
  • Over/Unders
  • Parlays
  • Props
  • Futures

How are the BetRivers odds and lines?

BetRivers' odds and lines meet the industry standard for quality. While it will rarely surpass one of its top-tier competitors, it typically doesn't lag far behind them, either. In comparing the odds at BetRivers Sportsbook to numerous other online sports betting sites, including FanDuel and DraftKings, we found that while most of the time its pricing was simply competitive, there were isolated instances where it exceeded expectations and delivered the best line available.

As an example, here are some moneyline odds taken from NBA games that were accessible on both BetRivers and FanDuel:

Game 🏀 BetRivers FanDuel 🔵
Magic @ Cavaliers +190/-230 +188/-225
76ers @ Knicks +185/-225 +188/-225
Lakers @ Nuggets +245/-305 +240/-295
Suns @ Timberwolves +125/-150 +130/-154
Pacers @ Bucks +104/-124 +100/-118

What are the BetRivers payment methods?

BetRivers offers a wide array of payment choices, including debit cards, credit cards, online banking, wire transfer, Play+, and PayPal. Deposits and withdrawals are usually handled swiftly, with withdrawals even eligible for the exclusive RushPay feature, ensuring instant payouts of your funds.

Payment method 💳 Deposit ⬇️ Withdrawal ⬆️
Credit card
PayPal
Check by mail
Bank transfer
Venmo
echeque

How to contact BetRivers customer service

In testing BetRivers' customer service team, I found they did well to address my concerns. I was particularly impressed with how promptly and politely my issue was handled — they even followed up afterward to ensure I had all the information I required. 

However, it's worth noting that BetRivers does not have live support online 24/7. The team is available from 9:30 a.m. ET to 2 a.m. ET, so if you need support outside of these hours, that could be an issue.

Why choose BetRivers?

$500 Second Chance Bet

If you lose, you'll receive 100% of your qualifying wager back as a bonus bet. Must be 21+ and present in the U.S. T&Cs apply.

BetRivers isn't an industry leader like FanDuel and DraftKings, but there's still lots to love about this sportsbook. It has an excellent loyalty program in iRush Rewards, where you can enjoy special perks the more you play. The bet insurance welcome bonus is particularly good for high-rollers, but even beginners can find good use for it. Once you're up and rolling with the betting site, you'll be treated to a variety of regular promotions. You can also enjoy some great features like smooth live streaming and elite live betting options.

🔥 Our final BetRivers rating: 4.5/5

What customers are saying about BetRivers

App store 📱 Rating 🤔
Google Play 3.2/5
Apple App Store 4.4/5

"By far the fastest payout of the five sportsbooks I use. Approval was near instant, and the money was in my funding source in maybe five minutes!"
— Reddit user

“I’ve been online gaming for several years, and I’ve downloaded them all, but none can compare to BetRivers (New Jersey). If you like or love to gamble online, don’t delay; play BetRivers today!”
 Oscar, App Store reviewer

"I have had no problem with the app so far. Payment after winning is also fast, secure, and easy to transfer!”
 Nick P., Google Play Store reviewer

Where is BetRivers legal?

BetRivers is currently legal and accessible in 14 states. So long as you're 21 years or older and within one of these regions' borders, you can claim whichever version of the BetRivers sign-up bonus you're eligible for. Each will use the same BetRivers bonus code, save for Iowa and New York, which do not require codes.

BetRivers sign-up bonus offers by state

Future BetRivers states

As one of the more widespread sportsbooks in the country, BetRivers is always eyeing new markets. Although most states have legalized online sports betting, several outliers remain.

Here are some potential regions where that could change relatively soon, permitting the Rush Street Interactive product to expand its customer base:

🌪️ Missouri — In 2024, two bills — SB 824 and SB 852 — were filed, and Missouri's sports betting ballot was approved by voters during the 2024 U.S. Election. The state is expected to launch its legal market in 2025.  

⛰️ North Carolina — Legal online North Carolina sportsbooks went live on March 11, 2024. Although BetRivers hasn't applied for a license in the Tar Heel State and wasn't among the first batch of North Carolina betting apps, there's still room for it to enter in the future.

🎵 Mississippi — Senator Casey Eure has introduced HB 774 in the Magnolia State, which would allow each of the market's 26 casinos to partner with an operator and offer online sports betting throughout the region. 

Latest BetRivers updates

Feb. 26, 2025: Rush Street Interactive was one of the few major U.S.-based sportsbook operators to see a profitable fourth quarter in 2024. Foreign investments were a driving force in the financial success.

Jan. 30, 2025: The Pennsylvania Gaming Control Board fines Rush Street Gaming nearly $14,000 for failing to submit a license renewal application for the company's CFO.  

Jan. 6, 2025: Rush Street Interactive’s stock price rises more than any of its publicly traded rivals in November and December.

Nov. 26, 2024: Rush Street Interactive CEO Richard Schwartz predicts Donald Trump will take a “hands off” approach to federal gaming regulations in his second term as President.

Nov. 1, 2024: RSI releases BetRivers Poker, an online poker platform, in Pennsylvania.

Aug. 26, 2024: Rush Street Interactive launches an improved loyalty program for BetRivers and PlaySugarHouse. Players can work toward prizes like luxury gifts, vacation packages, and cruises.

Aug. 6, 2024: Less than a week after DraftKings' announcement stating it will implement a tax on winning bets, BetRivers bucks the surcharge idea, with its parent company Rush Street Interactive saying it will not consider a similar action.  

July 8, 2024: Lawmakers in Delaware do not consider expanding the state's sports betting market in their latest legislative session, allowing BetRivers to maintain its online monopoly.  

July 3, 2024: BetRivers' parent company, Rush Street Interactive, links up with Evolution Gaming to launch live online casino games in Delaware.   

May 10, 2024: BetRivers' parent company, Rush Street Interactive (RSI), is reportedly set to launch a new online poker platform following its acquisition of Run It Once Poker for $5.8 million in 2022.  

April 17, 2024: BetRivers renews its partnership with longtime New York broadcaster Mike Francesa to continue to create network and social media content.   

April 4, 2024: BetRivers sponsors the NASCAR Xfinity Series Dash 4 Cash Race, changing the name to the 'BetRivers 200.'  

Jan. 11, 2024: In New York, BetRivers announces a fiscally impressive fourth quarter of 2023, with the Empire State accounting for $241.5 million in betting handle over the three-month period.  

Dec. 27, 2023: BetRivers sets its legal sports betting product live in Delaware, becoming the state's only online sportsbook.  

Sept. 27, 2023: BetRivers reveals BetVision, a new live streaming service that allows active sportsbook users to watch NFL games in-app.  

May 8, 2023: Rush Street Interactive, BetRivers' parent company, announces that it's anticipating between $630 and $700 million in 2023 revenue. 

BetRivers responsible gaming tools

BetRivers knows betting on sports is only fun when it's under control. The sportsbook offers the following tools to help players mitigate problem gambling:

  • Deposit and wagering limits: BetRivers allows you to limit how much money you deposit into your account and how much you can wager on a daily, weekly or monthly basis.
  • Time limits: You have the option to set a limit on how much time you can spend on the BetRivers app.
  • Self-exclusion: You can suspend your participation in any wagering games for a time period of at least 72 hours.
  • KYC protocols: All customers registering for BetRivers must verify their identity using a third-party Know Your Customer (KYC) process. This helps protect against underage gambling.

Visit BetRivers' responsible gaming resources

More sportsbook promo codes

You must use a bonus code for BetRivers in certain states (MI, NJ, PA, WV), but that's not the case with every legal betting site. We at Oddspedia have sifted through each sports betting product and its particular promo code offerings to deliver you exhaustive breakdowns.

BetRivers bonus code FAQs

Is there a BetRivers bonus code?

Yes, there is a BetRivers bonus code, but it's only required in certain states. New players in MI, NJ, PA, or WV can use code ODDSPEDIA when registering with the platform to unlock the sportsbook's second chance bet welcome offer of up to $500.

How do I use my BetRivers bonus code?

To use our exclusive BetRivers Sportsbook bonus code ODDSPEDIA, simply apply it while signing up with the platform if you reside in Michigan, New Jersey, Pennsylvania or West Virginia. If successfully entered, the bonus code will make you eligible for BetRivers’ second chance promo. You don't need a promo code unless you're in one of the aforementioned states.

What is the BetRivers welcome bonus?

The BetRivers welcome bonus offers new users up to a $500 second chance bet, with the maximum amount dependent on your location. By wagering any amount on any sports market and losing, BetRivers will return your stake, up to the specified number, as a bet credit. 

How do I get my BetRivers bonus?

To get your BetRivers bonus, all you need to do is sign up and make a losing wager. If you're located in MI, NJ, PA or WV, remember to type in BetRivers promo code ODDSPEDIA before you get started.

Does BetRivers have a referral bonus?

Yes, there is a BetRivers referral bonus. For each friend you refer, you'll receive a free spin on the BetRivers wheel. You'll be awarded anywhere from $50-$500 in bonus bets from this spin. You can refer up to three friends, but if you reach BetRivers VIP status, there is no limit.

How do I claim my BetRivers welcome offer?

You can claim the BetRivers welcome offer by registering with our exclusive bonus code ODDSPEDIA (MI, NJ, PA, WV only). If you are eligible, you will receive up to a $500 second chance bet.

What is the best BetRivers offer?

The best BetRivers offer is its $500 second chance bet welcome promotion. Simply register an account and you will be eligible to receive bet insurance on your first wager. You don't need a BetRivers bonus code unless you're located in Michigan, New Jersey, Pennsylvania or West Virginia. If you're in one of those states, use BetRivers bonus code ODDSPEDIA to unlock the deal.