Sports Illustrated Sportsbook is offering a long list of exciting bonuses in a bid to increase its market share in Colorado and Virginia. The flagship offer is a “Bet $5, Win $100” bonus aimed at new customers. If your $5 qualifying bet is successful, you will receive four $25 free-bet tokens. These tokens come with just a 1x playthrough requirement, making this a very attractive sign-up bonus.
This online sportsbook also provides far more ongoing promotions than most of its rivals. You can claim free bets via several different SI Sportsbook promotions each week. There are also large odds boosts, parlay profit boosts, rebates on live betting losses and high-profile contests offering generous prizes. These offers can seriously boost your chances of earning a profit in the long-term, as they provide SI Sportsbook app users with plenty of opportunities to play with house money.
Our SI Sportsbook promo code guide runs through the various bonuses that this ambitious online sportsbook offers new and existing customers. We will break down the key wagering requirements attached to the bonus funds, and explain how to claim the best offers.
You will also learn more about the main attributes of the SI Sportsbook app and website, so read on to discover what makes it such an appealing prospect for bettors in Colorado and Virginia.
Top Sports Illustrated Promo Codes for Sports
We have briefly highlighted some of the most appealing Sports Illustrated bonuses below, and we will explore them in greater detail further down the page.
Bet $5, Win $100
SI Sportsbook will give all new players the chance to win $100 in site credit by placing a simple $5 wager. This is a very generous, low-risk welcome bonus, which comes with lenient rollover requirements. We have broken down the offer in the “Sports Illustrated sign-up promo code” section further down the page.
Free Bet Bonuses
This online sportsbook offers a wealth of free bet bonuses each week. You can read more about the various ways to unlock free bets at SI Sportsbook by continuing to read this review.
Sports fans can take part in exciting contests such as Perfect 10 at SI Sportsbook. The contests are free to enter, and you can win great prizes if you make correct predictions on sporting events.
SI Sportsbook offers odds boosts on things like NFL prop bets, same-game parlays and traditional parlays on a regular basis. They are often tied to local teams in the states in which it operates.
Sports Illustrated Promo Codes by States
888 Holdings launched Sports Illustrated Sportsbook in 2021 after agreeing a deal with the magazine’s publisher. It previously launched its flagship brand – 888 Sport – into the US market, but it did not really take off, so it decided to try again with SI Sportsbook. The brand is now live in two states – Colorado and Virginia.
It should expand across the country in future. The next stop could be New Jersey. The company recently discontinued 888 Sport in the Garden State, and it plans to launch SI Sportsbook there in its stead. It will then set about tying up market access deals for additional states.
Sports Illustrated Sportsbook Colorado
SI Sportsbook launched in Colorado on September 7, 2021. It is the most competitive state in the country – Colorado has more than 20 online sportsbook brands vying for market share – so it needed to offer a compelling welcome bonus to stand out.
That inspired the Sports Illustrated Sportsbook legal betting app to launch a “Bet $5, Win $100” offer, which is more enticing than many rivals’ sign-up bonuses in the Centennial State. It also offers a ton of odds boosts on games featuring local teams such as the Rockies, Avs, Nuggets and boosted NFL season odds on the Broncos.
You can claim all of the bonuses mentioned on this page if you are physically located within Colorado. It does not require you to be a resident of the state. Just make sure you are in Colorado, with location services on your phone turned on.
Sports Illustrated Sportsbook Virginia
SI Sportsbook launched in Virginia on May 23, 2022. It celebrated the launch by teaming up with a local company called Virtual Entertainment Partners, which is run by African American women, to make donations to make “significant contributions to communities across Virginia, specifically minority communities, to drive meaningful value, opportunity and diversity for Virginians.”
If you are located within Virginia state lines, you can claim the “Bet $5, Win $100” welcome bonus and the various ongoing promotions described below. There are no major sports teams in the state, but SI Sportsbook offers odds boosts – and even Super Bowl odds – on the Washington Commanders, who are popular among Virginians.
Sports Illustrated Sign-Up Promo Code
This online sportsbook offers one of the best sign-up bonuses in Colorado and Virginia. To claim it, just click the link on this page to visit the site, and then sign up for an SI Sportsbook account. Make a $10 deposit and place a $5 bet on any sport at odds of at least -120. For clarity, a bet at odds of -115 would qualify, but a bet at -125 would not.
If your qualifying bet wins, SI Sportsbook will give you $100 in bonus funds. It is divided into four $25 free-bet tokens. The tokens come with a 1x rollover requirement, and any winnings are then paid straight into your cash balance. There are no minimum odds requirements on the bonus funds, so you can wager on any of the SI Sportsbook betting options. Just make sure you complete the 1x playthrough requirement within seven days of receiving the tokens or they will be forfeited and remove from your sportsbook account. If you are unsure about any terms and conditions, you can message the SI Sportsbook customer service team.
Sports Illustrated Sportsbook Daily Bet Boosts
Tap on the “Sports A-Z” menu on the SI Sportsbook app or website and then select “SI Sportsboosts” to see a list of betting markets with boosted odds each day. They normally focus on either same game parlays or traditional parlays. For example, you might find the Colorado Rockies to win and CJ Cron to hit a home run, boosted from +600 to +650, or the Yankees, White Sox and Padres all to win, boosted from +380 to +500.
Sports Illustrated Sportsbook Bet Streak
This is a great Sports Illustrated online sportsbook that allows you to embark on a streak of winning free bets. If you place a successful three-leg parlay worth $15 – with cumulative odds of at least +300 – it will give you a $10 free bet to use the following day. Place a successful bet with that $10, and you will receive another $10 free bet the next day, and you can continue to do so until your streak finally ends.
Free Bets at Sports Illustrated Sportsbook
There are tons of free-bet bonuses at SI Sportsbook. For example, it will give you a $10 free bet as a reward for wagering $50 on an NHL playoff game – a popular promotion among Avalanche fans in 2022. You can also earn a $10 free bet if you successfully bet $10 on an NHL game to go into overtime.
There are similar offers on other sports. For example, if you place three baseball bets of at least $10 apiece during a week, you will receive a $10 free bet. If you place five MLB bets, you will get two $10 free bets. That increases to three $10 free bets if you place seven baseball wagers and four $10 free bets as a reward for placing 10 or more wagers on baseball.
There are lots more free bet offers, such as a $5 free bet if you place a same game parlay on soccer, so create an SI Sportsbook account and visit the “Promotions” section to see which offers are available each week.
SI Sportsbook Parlay Promos
If you place a winning parlay with three or more legs from Friday to Sunday, SI Sportsbook will give you a $20 free-bet token. Your successful parlay must have a minimum stake of $25 to qualify. As previously mentioned, you will also receive parlay odds boosts at this online sportsbook.
In-Game Loss Rebate at SI Sportsbook
This promo entitles you to a refund on a percentage of any net losses incurred when placing in-play wagers at SI Sportsbook. It will give you a 15% rebate worth up to $50. To qualify, the bet must be worth at least $25 and hit minimum odds of -111. The rebate is paid out as a free-bet token, with a 1x playthrough requirement.
Sports Illustrated Sportsbook Perfect 10 Contest
This is a fun contest that you can enter for free on a regular basis at SI Sportsbook. It simply requires you to answer 10 questions on how an upcoming sporting event might unfold. You will win a share of $10,000 if you nail all 10 correct answers. If you do not complete a perfect 10, you will receive $1 in bonus funds for every answer you get right.
How to Redeem and use the Sports Illustrated Sportsbook Promo Code
Follow these steps to redeem and use the welcome bonus at the Sports Illustrated Sportsbook legal betting site:
- Follow the link provided on this SI Sportsbook review to visit the website and click the “BET NOW” box.
- Select your state, and you will be presented with the registration form.
- Provide personal and contact details, including your name, date of birth, address and last four digits of your social security number, your email address and your mobile number.
- Create a strong password, choose a security question, agree to the online sportsbook terms and complete the form. If requested, you can upload a scan of official ID to verify your account.
- Make a deposit of $10 using one of the methods we have highlighted below.
- Bet $5 bet on any game. Just make sure you hit minimum odds of -120.
- If bet succeeds, you will receive four $25 free-bet tokens within 72 hours. Complete a 1x rollover before cashing out your winnings.
Check Bonus Funds on the Sports Illustrated Sportsbook App
You can check the status of your SI Sportsbook bonus funds by heading to the cashier section of the mobile app. Any bonus money will be clearly separated from your withdrawable cash, and you will be given the option to use it when you add a selection to the mobile betslip.
How long do Bonus funds take to arrive?
When your qualifying bet has been graded, it takes up to 72 hours for bonus funds to arrive in your SI Sportsbook. However, they normally appear much quicker than that. You then have seven days in which to use them.
Sports Illustrated Sportsbook Rewards for Sports Betting & Loyalty Program
SI Sportsbook does not currently offer a loyalty program. However, it does offer far more ongoing promos than rival sports betting apps, and its “bet and get” deals are similar to a loyalty program.
Sports Illustrated Sportsbook User Experience and Interface
The SI Sportsbook interface runs on the same proprietary technology that powers the 888 Sport website and mobile app. 888 Holdings previously paid Kambi – a large white-label provider – to power its sportsbook.
However, 888 then purchased an Irish sportsbook called BetBright and migrated to that company’s in-house technology. It looks very similar to the Kambi platform, which powers the likes of BetRivers and Unibet, but with several idiosyncrasies.
You can bet on more than 20 sports at SI Sportsbook. They are covered very comprehensively, with competitive odds and hundreds of SI Sportsbook betting options. The interface is very easy to navigate, pages load quickly and there are helpful features to enhance the user experience, including same game parlays, a bet feed, an early cash out option and in-game infographics. This is a stylish, classy sportsbook.
Deposit & Withdrawal Methods at Sports Illustrated Sportsbook
Deposits and withdrawals are quick, smooth and secure at SI Sportsbook. You can choose from a variety of instant deposit methods, including Visa, MasterCard, Discover, instant banking, an ACH bank transfer, a branded Play+ card, PayPal or cash via PayNearMe at a local store, such as 7-Eleven or CVS. The minimum deposit is $10, and it is free to fund your SI Sportsbook account.
All withdrawals are also free. The SI Sportsbook team typically processes and approves payout requests within an hour, and you should never be kept waiting longer than 2-3 days to receive funds into your account. The withdrawal options are Visa debit card, Play+, PayPal and an ACH transfer. Withdrawals also start at just $10. The process is very easy and reliable.
Conclusion on Sports Illustrated Sportsbook Promo
We highly recommend signing up for a SI Sportsbook account. It offers one of the most exciting promotions on the market, as you only need to risk $5 to win $100 in free bet credits, which come with a simple 1x rollover requirement. You will then be able to claim a huge selection of ongoing bonuses, far more than most rival operators provide.
It is a very impressive all-round sportsbook too, with a neat, user-friendly interface and quick, dependable payouts. Sign up today to claim your SI Sportsbook promo code.
Sports Illustrated Sportsbook FAQs
What is the Sports Illustrated Sportsbook Promo Code?
The SI Sportsbook promo code will earn you a “Bet $5, Win $200” welcome bonus. To claim this SI Sportsbook bonus, you just have to sign up for an account and place a bet at odds of -120 or longer. If it wins, the Sports Illustrated welcome bonus entitles you to four $25 free-bet tokens, each with a mere 1x playthrough requirement.
How can you get the Sports Illustrated Deposit Promo?
You can claim the SI Sportsbook promo code offer by clicking on the link we have provided at RealGM. That will earn you a “Bet $5, Win $100” SI Sportsbook bonus. Just place a $5 qualifying bet, and you will receive $100 in online sportsbook credit if it wins, divided into four $25 free-bet tokens.
Who can Redeem this Sports Illustrated Sportsbook Offer?
The Sports Illustrated welcome bonus is only available to new customers aged 21 or older that are physically located in either Colorado or Virginia. The SI Sportsbook app and online sportsbook should soon be available in New Jersey too. There are also lots of SI Sportsbook promotions for all existing customers, which we have detailed in our in-depth Sports Illustrated sportsbook review.
Are there any specific rules that apply to be eligible for SI Promotions?
You need to be located within the state lines of either Colorado or Virginia to be eligible for SI Sportsbook promotions, and you must also be 21 or older. The flagship SI Sportsbook bonus code, a “Bet $5, Win $100” offer, is only for new customers, but there are lots of additional SI Sportsbook offers for existing customers too.
There are minimum odds requirements and expiry dates on SI Sportsbook promo code offers, so check out our SI Sportsbook review to learn more.
Will I keep the Promo money until I personally choose to use it?
You can earn free-bet tokens by claiming the Sports Illustrated Sportsbook promo code offer. They will sit in your account for seven days, but you must complete a 1x playthrough requirement before you can cash out any profit. You will not be able to withdraw any promo money at this online sportsbook until the wagering requirements are completed.
Does Sports Illustrated match deposits for new customers?
Sports Illustrated Sportsbook does not currently offer a match deposit welcome bonus for new customers. However, it does offer a very appealing sign-up offer, which is arguably a lot more exciting than a deposit match bonus. The SI Sportsbook promo code will earn you a “Bet $5, Win $100” offer, which is very appealing.
Are there any SI Sportsbook Promo Codes Requirements?
You will be required to hit minimum odds of -120 on your qualifying bet to claim the “Bet $5, Win $100” SI Sportsbook bonus code offer. If successful, you will receive four $25 free bets. Each free-bet token has just a 1x playthrough requirement, which must be completed within seven days, and there are no minimum odds requirements on the tokens.
Do I have to deposit to use the SI Sportsbook Promo Code?
You must make a minimum deposit of $10 and place a $5 qualifying wager to claim the SI Sportsbook promo code. If your $5 bet wins, you will receive $100 in bonus funds, which have a 1x playthrough requirement. Check out our Sports Illustrated Sportsbook review for more details.