BetRivers Sportsbook Review

   Licensed in Colorado

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Chicago-based Rush Street Interactive, the parent company of BetRivers, has been opening new online sportsbooks just as fast as the state laws will allow. They got started in New Jersey in 2018 shortly after the Supreme Court gave the Garden State the go-ahead on legalized sports betting.

They then moved into Pennsylvania when the Keystone state got its legal house in order. In October of 2019, BetRivers opened its online sportsbook in Indiana.

Rush Street and BetRivers were the first to open mobile sports wagering in Indiana. This after being the first to open an online casino in New Jersey three years ago, and the first to open a retail sportsbook in the state of New York in July of 2019. And when Colorado went live with sports betting on May 1, 2020, they were ready to begin taking bets that very first day.

Partnered with the J.P. McGills Casino in Cripple Creek, BetRivers may not be the first name you think of when it comes to sportsbooks, but they are working very hard to change that.


Welcome Bonus for Colorado Bettors

With its experience in bringing in new customers in other states, BetRivers offers an aggressive welcome bonus to new Colorado bettors. Sign up for an online account and make a deposit of at least $10 – using the bonus code 250MATCH – and BetRivers will match that deposit bonus dollar-for-dollar, up to a total of $250.

We see plenty of deposit matches across the sportsbook world, so that’s not why this is such a good bonus. And we see 100% bonus matches. So that’s not unique.

But what makes this such a good deal, and a deal that all new sports bettors must consider when choosing a Colorado book, is that the playthrough requirement is just one time.

In most cases, a 6x playthrough requirement is reasonable. But if you get $250 in free money from BetRivers through your deposit match, you only need to bet the total amount once for it to become yours. One time through, and it can become cash in your pocket.

It’s important to note that this is only for new customers making their first deposit. So definitely do not make that initial deposit without putting in the bonus code: 250MATCH.

One thing to note: Your $250 matching bonus is only good for a single time across all of the BetRivers properties. So if you get the bonus in Colorado, you will not be able to get it with an account in another state.

Odds Boosts

One of the other features that BetRivers customers will want to take advantage of is the list of daily bet specials and odds boosters. Each day BetRivers will offer enhanced odds on a select wagering market – typically associated with the sports news of the day – with odds improving more than 50% in some cases. As an example, a game that you might play at +125 is offered that day at +200.



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One of the things that most sets BetRivers apart from the other sportsbooks operating in Colorado is its rewards program. As a member of Rush Street Interactive, BetRivers automatically enrolls its customers in the iRush Rewards program.

IRR is a multi-tiered program that allows players to climb 11 levels of possible rewards. The more money you wager, the higher you climb, with points accrued on each dollar that is bet. And you can reach that first tier with just 40 points.

At that very first iRush Rewards tier, members are already eligible for bonus wagers. But at higher tiers, those points can lead to bet multipliers, birthday specials, free dinners and stays at Rush Street properties, and even custom deposit assistance.


When signing up for a new BetRivers account – using either the website or mobile app – the process is straightforward and easy and takes no more than three minutes.

The following information is required by BetRivers to register your new account:

  • First and last name
  • Date of birth
  • Mailing address
  • Email address
  • Final four digits of your social security number
  • Mobile phone number

Following that, you’ll pick a unique username and password – BetRivers will tell you what they require for a secure password – and you’ll be given the option of turning on two-factor notification. That means that anytime your account is accessed, a PIN will be sent to your mobile phone, which is then used to complete the log-in process.

Once that is all completed, you can make your first deposit and cash in on that $250 matching bonus.

Following the lead of its sportsbooks in other states, BetRivers gives its customers several deposit options that are very easy to set up and use.

BetRiver offers the following deposit options:

  • Online bill pay
  • Bank transfer
  • Credit or debit card
  • Echeck
  • BetRivers Play prepaid card
  • PayPal
  • PayNearMe (available at Colorado 7-Eleven stores)
  • Cashier’s check

Credit and debit cards remain the most popular way to deposit funds into a sports betting account. Still, BetRivers warns its customers that some issuing banks automatically attach a cash advance fee when the payment is made to a gambling entity. Always check with your credit card company before making any deposits.

The preferred method by both BetRivers and experienced sports bettors is online bill pay. You set it up just like you do when paying your regular utility bills, which means that the transfer is easy and instantaneous. And because you never have to give out your bank account number, this is the most secure way to send funds.

The minimum allowed deposit amount is $10.

Withdrawing funds from your BetRivers account comes with the following options:

  • Online banking
  • Echeck
  • BetRivers Play prepaid card
  • PayPal
  • Personal check

When you make your deposits using electronic methods, like online bill pay and PayPal, the process can easily be reversed for withdrawals. So that’s another thing to keep in mind when you are making your deposit.

Otherwise, withdrawals can be transferred to your bank account by echeck, the funds can be added back to your BetRivers Play prepaid card, or a check can be mailed to your address. All of these come with delays for processing, with the mailed check taking the longest.

Taking advantage of Colorado law that allows betting all types of sports, and all teams that play in Colorado, BetRivers has a huge menu of available sports and wager types to offer its customers.

At BetRivers you can place wagers on the following sports:

  • Athletics (Track and Field)
  • Aussie Rules
  • Basketball (NBA, WNBA, NCAA, and International)
  • Baseball (International and MLB)
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Football (NFL, NCAA)
  • Golf
  • Hockey
  • MMA
  • Motor Racing
  • Netball
  • Pesapallo (Finnish baseball)
  • Rugby
  • Snooker
  • Soccer (From all around the world)
  • Tennis
  • Table Tennis
  • Volleyball

As you can see, there is no shortage of sports (and some not so sports) to place wagers. And with action (or less action, like snooker) from around the world, no matter the time of day, there is something happening live.

If you are a sports betting novice, a sports betting expert, or somewhere in between, the wager type that best suits your skill and comfort level is easy to find.

Point Spread: The most basic of team sports bets – either take the points or give them. If you have ever placed a point spread bet, you no doubt have shouted at your television in the closing minutes of the game.

Moneyline: This is a straight win/loss bet with no point spread. Instead, bookmakers give the favorite and underdog different odds of success. Win on the underdog and get a higher payout. Win on the favorite and make a little less.

Over/Under: Also known as a totals bet because you are betting on the total combined points scored in the game. Your bet is on whether the total will go over or under the posted line.

Parlays: Popular among players and bookmakers alike, these are small bets combined into one large bet, which, if it wins, pays off big. The big potential payoff is why players love them, but since just one loss sinks the entire bet, the sportsbook likes them too.

Proposition Bets: These are individual or team bets inside an event. Prop bets may include the first team to score, which starting pitcher finishes with the most strikeouts in a game, or which tennis player gets the most aces. In Colorado, prop bets are only available when betting professional sports.

Futures Bets: These are bets on events that have yet to take place, like the winner of the Super Bowl, The Masters, or next year’s NCAA Tournament. The longer the odds, the bigger the potential payday.

When BetRivers first came on the scene, it took a while for their IOS app to get approved. That is no longer the case. Not only does BetRivers have a fully functioning app, but it’s also perfect for in-play wagering.

Live wagers are bets on an event that is already in progress. The odds and wager types are constantly changing, so having a responsive app that keeps pace with the action is key.


BetRivers provides email support and 24-hour live chat, and the response time to both is swift. At this time, there is no toll-free phone number.

BetRivers also has a large help knowledge base on both its website app, which is easily searchable and contains the answers to most customer questions.

Anyone eligible to place sports wagers in Colorado can open an account and place bets with BetRivers. You simply need to be at least 21 years old and inside the Colorado state lines when placing a wager. You do not need to be a Colorado resident.

Yes. Colorado law allows sports betting customers to handle the financials of their accounts regardless of their location. The only function that is not available when you are outside of Colorado is the placing of wagers.

As a licensed operator in Colorado, there are certain measures aimed toward responsible gaming that BetRivers must follow. Along with provided links to area self-help groups for gambling addiction, BetRivers provides each of its customers the following self-limit tools:

  • Wagering limits (per wager, day, week, and month)
  • Deposit limits (per day, week, and month)
  • Daily limits on time spent online
  • Cooldown (restrict access to the website or app)
  • Self-exclusion (excludes the customer from all sports betting for a defined period of time and without the ability to undo the exclusion)

All BetRivers staff members are trained to recognize the beginnings of a gambling addiction and help the customer find assistance.