Sportsbooks Online Sportsbook Bonuses BetRivers Illinois Bonus Code - 2nd Chance Bet Up to $500
BetRivers Illinois Bonus Code

BetRivers Illinois Bonus Code - 2nd Chance Bet Up to $500

Sports bettors in Illinois can claim a deposit match of up to $500 on BetRivers by using our exclusive promo code SBOBONUS! Find out how to claim your exclusive promo on this page.
Mark Schoeck Profile Image
Written by Mark Schoeck Associate Editor
Updated: Aug 27, 2026
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BetRivers Illinois Bonus Code

Bonus CodeSBOBONUS
Total Bonus Amount$500
Minimum Deposit$10
Minimum Odds-200
Turnover Requirement1x
Expiration Time30 Days

Are you in the state of Illinois and looking for an online sportsbook? If so, BetRivers is giving you a great reason to create an account with their sportsbook today. Right now, new users in Illinois can join BetRivers and get a second-chance bet of up to $500!

Just go ahead click any of the PLAY NOW buttons on this page and select your state once you get to the sportsbook. The bonus code 'SBOBONUS' will be automatically applied, but if you access BetRivers in a different way, you can input the 'SBOBONUS' bonus code to get access to the welcome offer.

After you do that, just go through the steps of completing your account. You'll need to supply the following information:

  • Name
  • Email Address
  • Phone Number
  • Address
  • Last four digits of SSN

Once your registration is complete, you then have to deposit a minimum of $10 into your betting account within the first three days of your account being active. Then, place your first wager; if your bet loses, BetRivers will return your wager to you in the form of Bonus Bets up to $500 that you can wager again for a chance to get your money back.

BetRivers Illinois Risk Free Bet

This is one of the best sportsbook sign up offers this year because you can bet without having to stress about whether you picked the winner or not. Even if your bet loses, you can still get your wager back for a shot to bet it again and win your stake back.

Our advice? Don't feel obligated to meet the $500 amount unless you're a very experienced sports bettor. You'll still need to either win your initial bet or win a bet with your bonus bets in order to not lose money, so losing two consecutive bets means you'll lose your stake. Remember: The goal is still to win the bet! This promo merely helps prevent new users from losing money right away on the platform.

Get updated when new sign-up bonuses go live!

Want to know when a new offer goes live so you can claim your sign-up bonus right away? Enter your email below to sign up for our mailing list, and you'll be the first to know when they become available!
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No Minimum Odds Required

Good news: BetRivers does not require minimum odds for your qualifying wager using our bonus code in Illinois. While the sportsbook once had a minimum odds requirements on this offer, that's no longer the case. If your first bet loses and you have a second-chance bet returned to you, the odds placing that wager must be -200 or longer.

BetRivers IL Deposit Bonus Terms & Conditions

Make your first deposit with code SBOBONUS and receive a 2nd Chance Bet Token. If the qualifying wager loses, receive a Bonus Bet equal to your stake, up to $500. Both expire seven days after issuance.

Eligibility & Requirements 

  • Available to customers 21+ in IL.
  • Minimum first deposit of $10.
  • Only one First Deposit Bonus Code may be used.
  • No opt-in required.
  • Select the 2nd Chance Bet Token on the bet slip for the wager to qualify.

Restrictions 

  • Qualifying wagers must be placed and settled during the promotion period.
  • Cashouts and early buy-outs void participation.
  • Bets using Profit Boosts or Bonus Bets do not qualify.
  • Bonus Bets are valid on Sportsbook wagers at -200 odds or longer and cannot be used on House Specials.
  • Only winnings from Bonus Bets are withdrawable.
Mark Schoeck Profile Image
Mark Schoeck
Associate Editor

Mark is a lifelong sports fan who inherited rooting interests in the St. Louis Cardinals and Pittsburgh Steelers. After a decade in sports media covering sports betting as a writer, editor and producer, Mark brought his long track record of sports experience to the Sportsbooks Online team in early 2025.