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 in May 2025
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 | May 31, 2025 |
| Promo code valid as of | May 29, 2025 |
BetRivers bonus code 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- The bonus bet refund must be wagered, it cannot simply be withdrawn.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 May 2025.
What to know about the latest BetRivers bonus code in May 2025
Sign up with the BetRivers Sportsbook bonus code LSRRIV to claim a welcome bonus worth up to $500 in May. 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 | May 31, 2025 |
| Promo Code Valid As Of | May 29, 2025 |
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.
BetRivers bonus vs. top 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.
Exciting games to bet on this week with the latest BetRivers promo
For sports bettors and fans there’s a ton to bet on this week with BetRivers Sportsbook. Here’s a look at the top action for you to use the BetRivers bonus code and claim your $500 welcome bonus.
NBA Playoffs
The second round of the NBA Playoffs is in the books, and the conference finals are going on now. You can bet on all of the games using the BetRivers Sportsbook bonus code worth up to $500. Here are the best NBA games to bet on each day this week using the BetRivers Sportsbook app:
- Thursday | Game 5, Indiana Pacers at New York Knicks, 8:00 p.m. ET, TNT, Max
- Friday | Game 6, Oklahoma City at Minnesota Timberwolves (If Necessary), 8:30 p.m. ET, ESPN
NHL Stanley Cup Playoffs
The NHL Stanley Cup Playoffs are going on all week long. And if you’re a new user, you can use the BetRivers bonus code LSRRIV to claim a welcome bonus worth up to $500. And these are the NHL games we’re most looking forward to betting on at BetRivers Sportsbook this week:
- Thursday | Game 5, Edmonton Oilers at Dallas Stars, 8:00 p.m. ET, ESPN, ESPN+
- Friday | Game 6, Carolina Panthers at Florida Panthers (If Necessary), 8:00 p.m. ET, TNT, TruTV, MAX
MLB Regular Season
You can bet on Major League Baseball using the BetRivers Sportsbook mobile app. Check out one MLB game each day this week that we’re looking forward to betting on using the BetRivers Android and iOS app:
- Thursday | Washington Nationals at Seattle Mariners, 9:40 p.m. ET, FS1
- Friday | Boston Red Sox at Atlanta Braves, 7:15 p.m. ET, Apple TV
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 on May 29, 2025:
- NHL Playoffs Bet & Get | Place a qualifying NHL wager and claim a bonus bet reward this week at BetRivers Sportsbook.
- NBA Playoffs Parlay Insurance | All BetRivers Sportsbook users can get insurance on a qualifying NBA parlay wager this week. If your qualifying NBA parlay loses by exactly one leg, you’ll get a bonus bet refund from BetRivers Sportsbook.
- MLB Second-Chance Bet | Make a qualifying MLB wager this weekend at BetRivers Sportsbook and if your bet loses by exactly one leg, you’ll get a bonus bet refund.
- Soccer Bet & Get | Get a bonus bet reward after placing a qualifying soccer wager this week at BetRivers Sportsbook.
- 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 boosts, no-sweat offers and much more.
BetRivers Sportsbook bonus code offers by state
Here’s a rundown of the BetRivers bonus code sign-up offer by state:
| BetRivers Sportsbook State | BetRivers Welcome Bonus | BetRivers Bonus Code |
|---|---|---|
| BetRivers Sportsbook Michigan | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook New Jersey | Second-chance bet for up to $250 | LSRRIV |
| BetRivers Sportsbook Pennsylvania | Second-chance bet for up to $500 | LSRRIV |
| BetRivers Sportsbook West Virginia | Second-chance bet for up to $100 | LSRRIV |
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 (Updated May 2025)
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.