About the Bonus
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The BetRivers "2nd Chance Bet Up to $100 Welcome Offer" is designed for new users making their first deposit and placing their initial sports wager. Under this offer, participants who use the code SPORTS during their first deposit can place a bet on any sports offering. If this first wager results in a loss, the offer states that the bettor receives a Bonus Bet equivalent to the stake they placed, up to a maximum of $100. This Bonus Bet is credited to the user’s account within 24 hours of the qualifying wager settling as a loss. It is important to note that the payout from a Bonus Bet differs from a traditional cash wager, as it only includes the profits won, excluding the stake. The Bonus Bet is available for use on any sports offering within the sportsbook's regular wagering limits. However, it should be utilized within 30 days of issuance, after which it expires.
Pros & Cons
Pros
- Provides a second chance for new users if their first wager loses.
- The Bonus Bet is equal to the initial stake, offering up to $100.
- No minimum odds requirement for the qualifying wager.
- Bonus Bet is credited quickly, within 24 hours of the qualifying bet settling.
Cons
- The offer is limited to new users only.
- Bonus Bet expires 30 days after being issued.
- Stake amount is not returned in the winnings from the Bonus Bet.
- Certain types of wagers (Profit Boost, Odds Boost, Bonus Bets) do not qualify for this promotion.