BetRivers CO: 2nd Chance Up To $250

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Welcome Bonus

BetRivers CO: 2nd Chance Bet Up To $250
BetRivers Sportsbook
to obtain
min. odds
wagering req.
30 days
wagering period

About the Bonus

BetRivers Welcome Bonus

The BetRivers "2nd Chance Bet Up to $250 Welcome Offer" is specifically tailored for new customers in Colorado. It applies to those who are making their first deposit and placing their initial wager on any sports offering available on the platform. By entering the code “SPORTS” upon their first deposit, participants are eligible for this promotion.

If the first wager does not win, the participant receives a Bonus Bet that matches their initial stake, up to a maximum of $250. This Bonus Bet is credited to the bettor's account within 24 hours following the settlement of the losing wager. It's noteworthy that the winnings derived from a Bonus Bet exclude the original stake, meaning bettors receive only the profit earned from the bet.

To utilize the Bonus Bet, bettors must select from any sports options within the sportsbook's regular wagering limits. However, there's a stipulation that the Bonus Bet be used within 30 days of issuance, after which it expires. Additionally, the initial bet placed under this offer must meet minimum odds of -200 or longer, ensuring compliance with the offer's terms.

Pros & Cons


  • Welcome Incentive: Offers a risk-free first bet up to $250, encouraging new sign-ups.
  • Extended Promotion Period: Ends September 30, 2024.
  • Flexible Betting Options: Bonus usable on various sports with certain odds.
  • Straightforward Participation: Simple deposit and bet with a code to qualify.
  • Quick Bonus Crediting: Bonus bets credited within 24 hours of loss.


  • First-Deposit Only: Limited to new users' first deposit.
  • Bonus Bet Expiry: Bonus bets expire in 30 days, potentially rushing usage.
  • Use Restrictions: Cannot be used on House Specials or with other promotions.
  • One-Time Deposit Code Use: Restricts correction or multiple offers.
  • Specific Wagering Requirements: Initial bets subject to minimum odds.

How to Claim

Claiming the "2nd Chance Bet Up to $250" welcome offer from BetRivers is a straightforward process designed to welcome new users with a risk-free initial bet. Here's a step-by-step guide to ensure you successfully claim your bonus:

  1. Create Your Account
    1. Visit BetRivers: Visit the official BetRivers CO Sportsbook.
    2. Enter Required Information: Fill in the necessary details such as your name, address, email, and any other required personal information to complete the account registration process.
  2. Verify Eligibility
    1. Age and Location Verification: Ensure you are at least 21 years old and physically located in Colorado. The platform may require documents or use geolocation technology for verification.
  3. Make Your First Deposit
    1. Access the Deposit Section: Once your account is set up, navigate to the deposit section of the BetRivers platform.
    2. Enter the Promo Code: When making your first deposit, use the promo code SPORTS to activate the welcome offer.
    3. Deposit Requirements: deposit the minimum $10 or more).
  4. Place Your First Bet
    1. Select a Sport: Choose the event you wish to bet on.
    2. Comply with Odds Requirement: Ensure your bet meets the odds requirement of -200 or longer. For parlays, each leg must meet these odds as well.
    3. Finalize Your Bet: Place your bet with real money as your first sports wager.
  5. Claim Your Bonus Bet (if Necessary)
    1. Wait for Bet Settlement: Your first bet will need to settle. If it results in a loss, you move to the next step.
    2. Bonus Bet Credit: Within 24 hours of the losing bet settling, a Bonus Bet matching your stake up to $250 will be credited to your account.
    3. Expiration: Remember, the Bonus Bet expires 30 days after being issued, so plan to use it within this timeframe.
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user reviews
min deposit
max withdrawal
1-5 days
withdrawal speed

Terms & Conditions

Before you opt into the "2nd Chance Bet Up to $250" welcome offer from BetRivers, it's crucial to understand the terms and conditions that govern its use. These guidelines are designed to ensure a fair and enjoyable experience for all participants. Below is a concise outline of the key terms:

  • Eligibility: Open exclusively to individuals who are at least 21 years old and physically located in Colorado at the time of betting.
  • Promotional Period: The offer is valid from September 1, 2022, to September 30, 2024, with the BetRivers database clock serving as the official timekeeper.
  • Deposit Requirement: Eligible participants must make their first-time deposit using the code SPORTS.
  • Qualifying Bet: The first wager must be placed with real money on any sports offering with odds of -200 or longer. For parlays, each leg must also have odds of -200 or longer.
  • Bonus Bet Credit: If the first wager loses, a Bonus Bet equal to the stake (up to $250) will be credited within 24 hours.
  • Expiration: The Bonus Bet expires 30 days after issuance. It must be used within this period, or it will be forfeited.
  • Wagering Restrictions: The Bonus Bet can be used only in the sportsbook on offerings with odds of -200 or longer. It cannot be used on House Specials or combined with other promotions.
  • Withdrawal Conditions: Only winnings from the Bonus Bet are withdrawable, excluding the Bonus Bet stake.
  • One-Time Use: Participants are permitted to use only one First Deposit Bonus Code.
  • Account Verification: All account information must be accurate and verifiable. Changes to account details should be promptly reported to Rush Street Interactive.
  • Prohibited Actions: Abusing the promotion via low-risk or risk-free bets, tampering with the promotion for an unfair advantage, or attempting to claim the bonus on multiple accounts may result in disqualification.

Understanding these terms and conditions is essential for a smooth and beneficial experience with the BetRivers "2nd Chance Bet Up to $250" welcome offer.

Final Thoughts

The "2nd Chance Bet Up to $250" bonus by BetRivers offers a risk-free option for new bettors in Colorado, cushioning the impact of a potential initial loss with a bonus bet. While it presents an opportunity for users to explore sports betting without the immediate risk, it's essential to approach this with caution and awareness of the terms and conditions.

It is critical for bettors to engage in responsible gambling practices, setting limits and betting within their financial capabilities. The promotion, while appealing, necessitates a clear understanding and adherence to its rules to avoid any misunderstandings.

In essence, this bonus serves as an introductory offer that requires careful consideration by potential users, balancing the incentive against the imperative of responsible betting behavior.

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