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SI Sportsbook Promo Code for January: How to Claim your Sign Up Bonus Today

Step-By-Step Guide how to unlock your sensational SI Sportsbook Welcome Offer!

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Last Updated on 11/01/2025
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Players eager to claim a good sporting bonus should check out the SI Sportsbook bonus. There’s a choice of two for newcomers as well, with all details covered below if you’re wondering about signing up.

It’s rare to encounter a choice of welcome offers, which makes it even more important to know about each of them before deciding which to pick. Sports fans are well taken care of at SI Sportsbook, but it’s necessary to have all the bonus facts first. That’s what’s covered in this bonus guide.

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Revealing the SI Sportsbook bonus code offers

Most sportsbooks create welcome offers to entice new members to sign up. Many offer generous welcomes, but as this feature attests, some go a step further. How often do sportsbook members have a choice of welcome deals to consider? Not often - but that’s the case at SI Sportsbook. This bonus article will cover the bonus bets option that’s offered alongside an alternative Sports Illustrated cover of the member’s choice - an unusual and relevant bonus to be sure.

Basics first: How to use the SI Sportsbook Bonus

The promotions area lays out all the current promo opportunities for their website, so there could be details of forthcoming betting offers there as well. The two relevant deals are labeled for New Players Only, giving basic information followed by more details to read about both.

Here are the basic steps to note for players wishing to use the $200 in bonus bets offer:

  • The promo code SI200 is required when depositing
  • Players must deposit at least $20, since the first bet needs to be at least $20 and must be taken from the first deposit amount to meet the terms of the offer
  • The $20 wager must win at odds of +120 or more to trigger the $200 in bonus bets; if it loses, no freebies are given out
  • Players should take note of the full T&Cs link in red at the end of the ‘more info’ section, as this goes into a lot more detail

Those deciding to opt for the Sports Illustrated cover must consider these steps:

  • The promo code for this offer is COVERS200 and it must be used when depositing $20 or more
  • The same minimum first bet of $20 or more is required to unlock the redemption code for the cover
  • The $20 wager must have odds of at least -200 to count, but the bet doesn’t need to be a winner - it must just reach the settled bet stage
  • The player then receives a $200 gift certificate via email to use at their covers store

In both cases, there is a chance to read more extensive information covering the full set of terms for each offer. While the links to those terms are small in each case, they do appear in red, and they’re vital to go through in detail before deciding which offer to go for.

Best 5 Tips on How to Use the SI Sportsbook Bonus

To get the most out of the selected bonus, it’s best to adopt some tactics. Visitors to the sportsbook can consider these tips to help them use their bonus before claiming it.

1: Look at upcoming events in the sportsbook before joining

The best starting point would be with a favorite sport, so the player can use their knowledge about it to pick the best bet. Remember that each bonus requires different minimum odds when placing a first bet. 

2: Players shouldn’t be tempted to bet outside their usual comfort zone

The first bet must be for $20 to activate either of the offers, but it is still wise to factor this into a player’s overall budget. If it is well above the usual betting level, this offer may not be ideal for that player.

3: Make time to read all the terms and conditions

Every player should read the relevant set of terms given for the promo they are going to claim. The two are different as the outcome is different in each case. They provide lots of details about the offer, thereby making it easier to understand how it works.

4: Compare both offers before selecting one

Many visitors may go for one offer over another - especially those who love bonus bets. However, since the bonus bets are given only for a winning bet, rather than if that bet loses, the Sports Illustrated cover could be the better option this time around.

5: Confirm when the selected bonus will complete

The bonus bets are sent to qualifying bettors within 72 hours of the winning bet completing. If a bettor used the SI Sportsbook bonus code to get the Sports Illustrated cover, they would receive the gift certificate within seven business days.

What is the SI Sportsbook Maximum Payout and Other FAQs

Sportsbook fans often have some questions about the various bonuses on offer. While there is no SI Sportsbook casino bonus to use, fans should still get all the details about the sportsbook offers. Some common queries are covered below.

What’s the maximum payout for the bonus?

Players choosing the Sports Illustrated cover will get a $200 gift certificate to use. They can add to that value to spend more, but the certificate can’t be swapped out for cash. Those choosing the bonus bets opportunity will only receive the bets if they win with their first $20 bet, according to the terms of the offer. The small print for that deal does not mention a maximum payout, and any winnings derived from the bonus bets are given to the player as cash.

Can players still claim the bonus if they’ve already made a deposit but not placed a bet yet?

No - both deals are only available to people visiting the sportsbook who do not yet have an account there. The process is to sign up and make a first deposit using one or other of the promo codes as relevant for the deal they wish to claim. They must then make the qualifying bet as part of the process.

Is it possible to switch bonuses after using an SI Sportsbook bonus code for the other offer?

]No - there are two specific bonus codes in use, one for each deal. Once a code has been used, there is no way of changing it out to add the other one instead. Players should think carefully before deciding which offer is going to appeal most.

Will the relevant bonus still trigger if the player has forgotten to use the SI Sportsbook bonus code for either offer?

Whenever a sportsbook displays a promo code, it’s clear they want players to use it. Many bettors are familiar with these and have seen them in many places; note the Stake.us 5% rakeback deal elsewhere for example, requiring the code TGHSOCIAL to claim it. Forgetting to use the SI Sportsbook bonus code, regardless of which of the two deals a player has chosen, means they’ll miss out on the relevant offer.

Do players still receive bonus bet tokens if they lose their first wager?

No, the deal is unusual in that it does not offer any bonus bets on a losing first wager. Only if the bet of $20 or more wins will the player receive their $200 in bonus bets.

Any clues for loyalty or rewards areas?

The only suggestion that a rewards program might be available is the inclusion of a gift icon, complete with a bow, under the login area, which itself appears just underneath the site logo. They have not added a page for a VIP program or reward program though. The help center is one of the most extensive seen, but while there is a link there to the SI Sportsbook bonus policy and many other informative pages, nothing comes up for loyalty, rewards, or VIP when searched.

Introducing a choice of two SI Sportsbook offers for newcomers

How often do players get a choice of promos when signing up? The traditional offer gives away $200 in free bets if the first minimum $20 bet wins, while the alternative is to claim a magazine cover of the participant’s choice for Sports Illustrated.

What’s the deal like in reality?

It’s necessary to decide upfront which offer the bettor wants to claim. Both options require a bonus code upfront when depositing. The relevant code for each is given inside the details for the offers, so once the player chooses one, they’re committed to that offer.

What about the bonus withdrawal rules?

If a player opts for the $200 in free bets offer and they win with their qualifying $20 bet, they’ll receive eight $25 bet tokens. Each $25 bet token must be used in whole, although there are no limits on the betting odds applicable to these tokens. They all expire seven days after receipt, so using them within that time frame is important. Anything won while betting with a free bet token is treated as cash, and they don’t include any wagering requirements.

Avoiding the hazards when claiming the SI Sportsbook bonus

The small print confirms that players must be aged at least 21 and should be resident in Colorado or Michigan (Virginia no longer qualifies), so it’s important to hit those markers from the start. The deal only applies to the first deposit too, with the first bet worth $20 or more. Smaller bets than this won’t qualify for the offer. Players claiming either offer must use the correct bonus code given on the website.

Is this an SI Sportsbook betting offer worth having?

Absolutely - having a choice of welcome promos is ideal and rare in this arena, although it might have been nice to have had an SI Sportsbook casino bonus. The first bet of $20 applies each time, but bettors have a chance to go for those free wagers if their bet is a winner, or opt for the classic Sports Illustrated magazine cover. It’s an unusual offer but well worth checking out. The latter would look superb framed on the wall.

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What’s the verdict on the SI Sportsbook bonus?

Most people are familiar with the idea of arriving at a sportsbook and seeing a welcome bonus. It’s almost unheard of to find a choice of two - and with one being such an unusual prospect too. The value of the gift certificate in that case is generous indeed, and may well be the better option for some. Still, the offer of bonus bets balances things out for players looking for something more familiar. They’re always clear on the rules and terms, making the SI Sportsbook bonus offers for newcomers a superb start to this sportsbook experience.

SI Sportsbook bonus FAQ

⚽ Does SI Sportsbook have a no deposit bonus?

SI Sportsbook offers a promo area that contains all the latest offers. This is the best area to visit when considering the type of sportsbook bonuses that might be on offer. You can also find out more via the assorted guides at TheGameHaus.com.

⚾ What is the bonus code for SI Sportsbook?

Some sportsbook offers ask players to use a bonus code, although this isn’t always the case. Bettors can find all the relevant details for each bonus in the small print that usually appears under the headline for the offer.

⛳ Are sportsbook bonuses worth it?

Sportsbook sites create all kinds of bonuses for their members to use. Some are better than others, while some might suit certain players more than others. By reading all the information that goes with each one, it’s possible to determine which are worth using.

⛹ What sportsbooks give you bonus bets?

Bonus bets are among the most popular promos at online sportsbooks. The promo section is the place to look if you want to find out which sportsbooks have this offer.

❓ Where is SI Sportsbook legal?

Sportsbooks are licensed to operate in certain American states but not in all of them, owing to local legislation in place in each case. SI Sportsbook provides a list of available states it operates in at present.

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