BetRivers March Madness Promo
Like many sportsbooks offering sign up bonuses for the NCAA Tournament, BetRivers has a new promotion for 2025. Even if your bracket gets busted early, BetRivers has got you covered.
With the BetRivers 2nd Chance Bet, you can get your first wager on BetRivers refunded 100% up to $500 in non-withdrawable bonus bets if your bet is a loser.
Just sign up with BetRivers and use our promo code SBOBONUS during registration.
Once you do that, just deposit at least $10 and place your first real-money wager of at least $10.
If your bet wins, then you just get to enjoy your winnings. If your bet loses, then you will be refunded 100% in the form of a single, non-withdrawable bonus bet.
This is one of the best March Madness sign up offers this year because you can bet on tourney without having to stress about whether you picked the winner or not. No matter who cuts the nets, you win!
It should be noted that the amount offered in the promo varies in the different states in which BetRivers operates. Check out our breakdowns by state below!
BetRivers March Madness Promos By State
State | Bonus Amount | Claim |
|---|---|---|
| Arizona | $100 | |
| Colorado | $250 | |
| Illinois | $500 | |
| Indiana | $500 | |
| Iowa | $100 | |
| Louisiana | $500 | |
| Maryland | $500 | |
| Michigan | $500 | |
| New Jersey | $250 | |
| New York | $100 | |
| Ohio | $100 | |
| Pennsylvania | $500 | |
| Virginia | $500 | |
| West Virginia | $100 |
How to Claim BetRivers March Madness Promo
- Register with BetRivers
- Enter the promo code 'SBOBONUS' at sign up
- Create your account
- Deposit at least $10
- Play!
Up to $500 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Offer amount varies by state.
Up to $500 bonus in IL/IN/MD/LA/MI/PA/VA.
Up to $250 bonus in CO/NJ
Up to $100 bonus in AZ/IA/NY/OH/WV
Must make a qualifying deposit of $10+ with promo code SBOBONUS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500.
See full T&C at BetRivers.
BetRivers March Madness Promo Terms & Conditions
- Available to new users in AZ, CO, IL, IN, IA, LA, MD, MI, NY, NJ, OH, PA, VA, and WV
- Eligible to new players on first deposit only
- Bonus money will be credited within 24 hours of qualifying bet settling
- Bet refund expires after 30 days if unused
- Wagers must be placed on bets with -200 odds or longer in order to fulfill playthrough requirements
- Other terms and conditions apply, check their website for more details
