BetRivers March Madness Promo (2025): Claim 2nd Chance Bet up to $500

March Madness is almost upon us, and it’s time to take advantage of some of the most exciting sports betting promotions out there. The BetRivers March Madness promo is here to give new users a chance to win big on their first bet, even if things don’t work out the very first time. Read on to find out more about the BetRivers March Madness promo code, how it works, and how to claim it.

BetRivers March Madness Promo for 2025

March Madness is one of the biggest sports betting events of the season. Sportsbooks often have promotional offers available to bring in new players and reward existing players. That is exactly what the BetRivers March Madness bonus is all about.

This is a limited-time offer, and the BetRivers March Madness promo code is only around for the biggest tournament of the season. These are the kinds of offers that make an already electric tournament even better.

How the BetRivers March Madness Promo Works

BetRivers Sportsbook understands how important it is to win on your first bet. Thankfully, the BetRivers March Madness promo is a simple one. It is a second-chance bet, meaning you don’t technically get anything on your first bet, but could if that first bet is a loser.

Here’s how it works: When you sign up for the BetRivers March Madness bonus, make sure that you deposit the requisite amount and make your first wager. If it loses, you will get your first bet back in the form of bonus bets totaling up to $500. Take a second run at a first big win when you sign up for BetRivers Sportsbook.

How to Claim a 2nd Chance Bet Up to $500 from BetRivers

Claiming the BetRivers March Madness promotion is quick and easy. Follow the steps below to take advantage of this tremendous offer:

Step 1: Sign up for a new account at BetRivers Sportsbook.

Step 2: Make a deposit of $10 or more to qualify (you will not get the bonus if you deposit less)

Step 3: Look over the sports betting markets and make your first wager.

Step 4: If you win, you’re golden. If you lose, you will receive bonus bets in the amount that you wagered to try again.

Step 5: Use your bonus bets to try again at a big first win.

Which States Have Access to the BetRivers March Madness Promo?

Before you can claim the BetRivers March Madness promo, you need to make sure that you are in a state where BetRivers is legal. Here is the list of states that have access to BetRivers and how much you can get back on your first bet.

• Arizona (Bonus amount: up to $100)
• Colorado (Bonus amount: up to $250)
• Illinois (Bonus amount: up to $500)
• Indiana (Bonus amount: up to $500)
• Iowa (Bonus amount: up to $100)
• Louisiana (Bonus amount: up to $500)
• Maryland (Bonus amount: up to $500)
• Michigan (Bonus amount: up to $500)
• New Jersey (Bonus amount: up to $250)
• New York (Bonus amount: up to $100)
• Ohio (Bonus amount: up to $100)
• Pennsylvania (Bonus amount: up to $500)
• Virginia (Bonus amount: up to $500)
• West Virginia (Bonus amount: up to $100)

Terms & Conditions to Know Before Claiming the BetRivers March Madness Promo

Each sportsbook promotion comes with specific terms and conditions that must be met. This promotion is eligible only for new players who are at least 21 years old. All wagers must be at least -200 odds or longer to fulfill the playthrough requirements.

If your first bet loses and you are awarded bonus bets, make sure to use them within 30 days, or they will expire. A losing first bet is paid out as a non-withdrawable bonus bet equal to your stake, up to $500.  A minimum qualifying deposit of $10 is needed to receive the bonus, and a promo code is required.