Ever since sports betting in Michigan first launched, there has been a lot of discussion as to which welcome bonus is the best and which operator gives the most value to its new players.
Every sportsbook you join will usually reward you with something, but you can weigh the value of different bonuses in several ways.
BetRivers Sportsbook MI offers a pretty unique betting bonus, likely to be the best one you will find at any US betting site.
Before we compare the bonus with others, let’s look at the BetRivers Sportsbook Welcome Bonus and what is included.
What is the BetRivers Sportsbook Welcome Bonus?
BetRivers is one of the leading betting operators in the US and has been one of the dominant forces in Michigan since launching. Those just joining the site can get the valuable welcome bonus by using promo code
250MATCH during their first deposit.
As the code suggests, the bonus is worth a maximum of $250 and is a full 100% match of your first deposit up to that amount. If you make a more sizeable first deposit, you will also receive the $250 bonus.
You may be wondering what makes this bonus so special as several other offers for US sportsbooks are in the $1,000 range. The answer lies in the way the bonus is paid out and its wagering requirements.
The $250 bonus is paid into your betting account right away and you can use it with your initial deposit to make bets of any size you choose.
The wagering requirement associated with this bonus is just 1x, which means betting the bonus just once will turn it into actual cash, which you can then withdraw. Remember that your bets must have odds of at least -200 to count towards the playthrough.
When betting with bonus funds at BetRivers Sportsbook, you will receive both your wins and your stake back from any winning bet, which is not the case with “free bet” type bonuses which only pay the winnings.
Overall, the BetRivers Sportsbook bonus is nearly as good as pure cash and can be easily turned into a withdrawable balance, giving it value that outshines many other competitors’ betting bonuses.
Why BetRivers Sportbook Bonus is the Best
Most other sports betting operators in the US offer new customers a bonus in the form of a “risk-free bet” or “free bets.”
In the case of a risk-free bet, players only receive a refund on their first bet if it is a loser. To get maximum value, you must make a huge first bet, which may not be every player’s preference.
What’s more, the refund is paid out as a free bet, meaning you have to use this free bet to bet on a new market and then hope it wins. If your pick does win, you only receive the profit from the free bet.
Some bonuses are paid out as free bets right away, which means you can only take home the money you win from them, not the actual bonus amount itself.
With the BetRivers Sportsbook bonus, you will receive funds that can be used for any markets you choose, divided into as many smaller bets as you wish, and withdrawn in full after a straightforward 1x playthrough.
While we are certainly not suggesting you ignore the other valuable bonuses out there as well, joining BetRivers Sportsbook MI for this quick turnaround bonus is a great idea, especially for those that are new to sports betting or looking to build up their betting bankroll quickly.