SI Sportsbook Bonus Overview
Looking to sign up on SI Sportsbook? Great idea! There is a nice $200 bonus available to you.
21+. New customers only. CO/MI/VA. Must place a qualifying wager of $10+ with minimum odds of -200 or greater after making a first time deposit. Five (5) $10 non-withdrawable Bet Credit Tokens will be awarded after the qualifying wager settles. Full T's & C's apply, visit SI Sportsbook for more details.
Bonus offer | 8/10 | |
Betting variety | 8/10 | |
Mobile experience | 9/10 | |
Payment options | 9/10 | |
Betting experience | 8/10 | |
Support | 9/10 | |
Summary | 9/10 |
Website | sisportsbook.com |
Game Types | Sportsbook |
Deposit methods | Debit/Credit Card, Play+ Card, Bank Transfer, VIP Preferred e-check, PayNearMe |
Withdrawal methods | ACH Bank Transfer, Play+ |
Odds provider | 888 Sport |
Apps | iPhone, Android |
Support | Phone Support, Live Chat, Email, Contact form |
Owner | Authentic Brands Group & 888 Holdings |
Founded Year | 2021 |
Headquarter | New York, NY |
Bonus Code | IS200 |
In the opening section of this review, we stated the features of the SI Sportsbook first deposit bonus.
However, there is more to the SI bonus offer. In the course of testing the bonus, we have found a lot of positives that we’d like to share with you.
So, here are some positives of the SI Sportsbook bonus
A bonus bet amount of $200 may not be the greatest in the World, but it will surely go a long way to bolster your wagering balance.
It doesn’t compare favourably with the PointsBet bonus which is $500 or Caesars bonus of $1,250.
However, the bonus amount is higher than the Draftkings $150 bonus offer.
As part of the process to claim the bonus offer, you have to stake $20 on your qualifying bet.
At first glance, $20 seems like a lot of money to stake in order to get free bets, but it is a bargain when compared to the $200 free bet offer.
So, we like the fact that you can get five times of your initial stake amount in free bets.
The conditions attached to the bonus offer is one of the easiest in the market.
A qualifying bet with odds of +120 along with a $20 stake is something achievable even for the most inexperienced bettors.
Once you are able to meet these relatively easy conditions and your bet is settled as a win, you will be given your bonus bet tokens.
As core professionals, our reviews are always designed to highlight both the good and the ugly.
We will tell you all about the positives as well as the negatives.
The positives have been highlighted already, now, it is time to state some of the things we find a little odd about the SI Sportsbook bonus.
Wouldn’t it be nice to be able to withdraw a bonus? Your guess is as good as mine.
Unfortunately, the bonus bet tokens of the SI Sportsbook bonus is not withdrawable. Meaning that the bonus bets token can only be used to place bets. This means that it will be held in your account and you can only place bets with it.
Nevertheless, the good part is that you can make profit from the bonus bet credit.
Your winnings (without the stake) from the bonus bet can be withdrawn.
We have tested a few other bonus offers and the Bet365 bonus offer falls short in this regard.
Most other Sportsbooks do not have minimum odds for the qualifying bet. But this is not the case for Bet365.
For the qualifying bet to be acceptable, it must contain at least one event with a minimum of -500.
By any means, a -500 is not a tall order, but it makes the qualifying bet a little more difficult.
Another disappointing aspect of the SI Sportsbook bonus is that the validity period is short.
A seven day validity period could be tricky for a new player and that could be discouraging.
In our opinion, the period is not long enough for bettors to think their bet through.
Again, it pales when compared to the 30 day validity period of Bet365 bonus.
The SI Sportsbook bonus is a nice way to get your betting journey underway.
With $200 tucked away in your SI Sportsbook account as bet bonus, you are sure you won’t have to go into your personal wallet to fund your account.
Getting this bonus is probably one of the easiest things you will do.
So, go ahead and give it a shot today!
First things first, the SI Sportsbook bonus is available to first time players who have neither deposited or placed a bet on the platform.
Now that we have stated who is eligible for the offer, we can go ahead and discuss how the bonus works.
The first step is to sign up on the SI Sportsbook. After that, you have to opt in to the promotion with the promo code SI 200, and make a deposit that is enough to cover the minimum stake of $20 on a qualifying bet.
The qualifying bet is expected to have a minimum of +120.
If your bet is settled as won, you will get eight (8) different $25 bonus bet tokens which will amount to $200 in total.
And importantly, you will have to wait for 72 hours after placing your bets to receive the bonus.
The very first step to take if you are willing to claim the SI Sportsbook bonus is to sign up.
The registration process is easy and you can complete it in no time. But you have to get relevant information handy for you to complete the process.
Some of the details you need to are:
Most Sportsbooks require that players make a deposit before you can claim a bonus.
The situation is the same with SI Sportsbook. Before you can claim the bonus, you have to make a deposit that is enough to cover the $20 minimum stake.
Some of the payment methods with which you can make a deposit are:
After you make your deposit, you have to place a qualifying bet.
This bet is listed as part of the eligibility criteria to get the SI Sportsbook bonus.
The qualifying bet should have a minimum stake of $20 and must be settled before the bonus bet tokens are awarded.
Additionally, the bet must have a minimum of +120 odds or more.
More importantly, your bet has to be won for you to get the bonus.
This is the part where your reward will be handed to you for your efforts.
You will be given a total of $200 in bonus bet tokens to place bets.
But remember, you have to place a qualifying bet with the specified conditions and the bet must have been settled as a winner before bonus bets are given.
It is also worthy to note that the bonus bets will be given as eight (8) $25 bonus bet tokens.
Usually, the bonus bet tokens are made available after your bet is placed.
You can find more terms and conditions on the SI Sportsbook website.
Using the SI Sportsbook bonus is easy and straightforward. However, there are few rules that have been set as part of the terms of usage.
The SI Sportsbook bonus is given as free bets and that clearly means that the bonus cannot be withdrawn.
Nevertheless, the free bet token could be used to place bets, and the winnings (aside from the original stake value) can be withdrawn.
Eight (8) free bet tokens of $25 are given as bonus and each of the tokens is expected to be used in whole, meaning it cannot be split.
When placing a bet, you can choose to use the free bet token by indicating it on the betslip.
Given the groundswell of Sportsbook bonuses available to American players, how well does the SI Sportsbook bonus compare to the other bonus offers?
We will do our best to compare the Sports Illustrated bonus offer to other bonuses.
Metrics like bonus amount, validity period and more will be used for the purpose of the comparison.
Read on to find out more.
The $200 bet credits may not be the highest in the market, but it is definitely a good starting point for new players.
Although we think it can be a bit higher, especially with the bet $1, get $365 of Bet365 as well FanDuel new customer offer of $1,000.
That’s a sour point we would love to see some improvement in that regard.
The Validity period of a bonus offer is as important as the bonus amount, but we are a bit disappointed that SI gives a grace period of 7 days.
This is way too short when compared to the validity of Bet365. You could say that’s a bit of a shortcoming.
But then again, PointBets also has a 7 days validity period for their bonus offer as well.
In terms of bonus percentage, the SI bonus isn’t the highest in the American market, but it fares better than some other Sportsbook in this regard.
Sports Illustrated offers a massive 1000% bonus. A qualifying bet of $20 returns up to $200 in bonus bets.
Although it pales in comparison to the over 36,000% bonus percentage on Bet365, it is still a good return on the qualifying bet.
The minimum deposit is not expressly stated but going by the minimum stake required for the qualifying bet, at least a minimum deposit of $20 must be made.
By the general standards of the market, the minimum deposit is a little higher than what is obtainable on other Sportsbooks.
Unlike most other bonus offers with no odds requirements stated, SI Sportsbook requires a minimum odds for their qualifying bet.
The minimum odds stipulated is +120 and it is a tad high in comparison to Bet365 -500 minimum odds requirements.
SI Sportsbook bonus vs Others | SI Sportsbook Bonus | Draftkings Bonus | Betrivers Bonus | |
---|---|---|---|---|
Bonus Amount | $200 | $500 | $150 | $500 |
Validity Period | 7 days | 7 days | 7 days | 30 days |
Minimum odds | +120 | None | None | -200 |
Minimum Deposit | $20 | $5 | $5 | $10 |
SI Sportsbook are currently not so big on promotions. Besides the new player offer, there is anyother for new and existing players to enjoy.
However, they have had some amazing promotions in the past. One of such promotions is the SI Sportsbook Perfect 10 free promotion.
With this offer, players can win bet credits and up to $10,000 cash for anyone who predicts all 10 picks correctly.
We hope that you have been able to get the needed information about the SI Sportsbook bonus offer and how it works.
Now is the time to take action and claim a nice $200 bonus bet for yourself.
Click the button to claim your bonus and explore the SI Sportsbook.
21+. New customers only. CO/MI/VA. Must place a qualifying wager of $10+ with minimum odds of -200 or greater after making a first time deposit. Five (5) $10 non-withdrawable Bet Credit Tokens will be awarded after the qualifying wager settles. Full T's & C's apply, visit SI Sportsbook for more details.
The SI Sportsbook bonus is $200 after you place a qualifying bet settled as a won.
The minimum deposit is categorically stated, but new players are required to stake $20 qualifying bet. So, you have to fund your account with at least $20 before you can be eligible for the bonus.
New players resident in Colorado, Michigan and Virginia can all claim the SI Sportsbook bonus.
Unfortunately, the bonus bets can not be withdrawn and can only be used to place bets.
To claim the SI Sportsbook bonus, you have to sign up on SI sportsbook and fund your account with a minimum of $20.
You also need to place a qualifying bet with a minimum odd of +120 which has to be settled as won before the bonus bets are granted in eight (8) bonus bet tokens.
Not sure about the SI Sportsbook bonus? Don't worry we got you! You can have a look at other betting bonus offers available to you.
21+. New customers only. CO/MI/VA. Must place a qualifying wager of $10+ with minimum odds of -200 or greater after making a first time deposit. Five (5) $10 non-withdrawable Bet Credit Tokens will be awarded after the qualifying wager settles. Full T's & C's apply, visit SI Sportsbook for more details.