Sports Illustrated Indiana – Bonus Code & Review

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Welcome BonusWelcome BonusBet $20, Get $200Bet $20, Get $200
Bonus CodeNone needed

Disclaimer: Sports Illustrated Sportsbook is not available in Indiana as of June 24, 2024. This review is speculative based on the Sports Illustrated app in states where it is up and running. This page will be updated when SI Sportsbook launches in Indiana. 

Sports Illustrated Sportsbook is one of the operators most likely to join the Indiana sports betting scene in the coming months. The popular magazine and entertainment brand has turned its partnership with European betting operator 888sport into an online sportsbook platform in the United States. It’s already live in Colorado, Virginia, and Michigan and when it launches in Indiana, expect a welcome bonus worth up to $200.

In the rest of this review, we’ll take you through everything Indiana bettors need to know about SI online sportsbook. That means how to sign up, how to claim (and use) the welcome bonus, how to download the mobile app, and all the pros and cons of signing up with SI Sportsbook Indiana.

No Sports Illustrated Sportsbook bonus code is needed when you sign up using our exclusive links.

Why Join Sports Illustrated Sportsbook in Indiana?
  • New sign ups can Bet $20, Get $200 in bonus bets.
  • Find whatever sport you’re looking for at SI.
  • You can find odds boosts, parlay boosts, prize pools, and more.
Sports Illustrated Online Sportsbook Rating
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SI Sportsbook promo code for June 2024

The Sports Illustrated bonus currently available in its existing jurisdictions is a “Bet $20, Get $200” promo, whereby players win $200 if they place and win a $20 wager. Claiming the bonus is easy. All you have to do is follow our links to the Sports Illustrated betting site, sign up for an account, deposit money and then make any $20 bet. If that bet wins, you’ll receive $200 in bonus bets (in addition to your normal winnings). You do not need a Sports Illustrated promo code.

Online SportsbookSports Illustrated Sportsbook Indiana
SI Promo CodeNone needed
Total Bonus$200
Welcome BonusMake a $20 Winning Bet, Get $200 in bonus bets
Launch DateUnknown
Last UpdatedJune 2024

SI Sportsbook Indiana welcome bonus — the fine print!

To claim the bonus at Sports Illustrated Sportsbook, you must sign up for a new account and then make a $20 wager within seven days of creating your account. You do not need a Sports Illustrated online sportsbook bonus code. Then, if your opening bet wins, you’ll be rewarded with $200 in bonus bets, broken down into eight $25 bonus bet tokens.

All bonus bets at Sports Illustrated expire after seven days, so be sure to wager them in time, or they will disappear from your account. Sports Illustrated bonus bets cannot be withdrawn until they are wagered, and, as with most sportsbooks, wagers placed using bonus bets do not return your stake. They return only profit. For example, a $100 wager placed at +150 odds returns only $150, not the $250 it would have if placed with real money.

Can I trust Sports Illustrated in Indiana?

Yes, you can. Sports Illustrated is an American sportsbook, which means it has to report its earnings, pay its taxes and provide all the necessary consumer protection measures (i.e., safely storing user information) that any other U.S.-based business is obligated to provide. It currently operates in three states (Colorado, Michigan, and Virginia). In each of those jurisdictions, it is overseen by the relevant sports gambling authorities.

In Indiana, Sports Illustrated Sportsbook will answer to the Indiana Gaming Commission (IGC), the regulatory agency in charge of all Indiana sports betting. The IGC oversees all of the Indiana betting sites that are operational right now. This body also imposes a $50,000 annual license fee on every sports betting operator in Indiana, mandates compliance with the state’s 9.5% tax rate on gambling operators, and ensures that operators abide by all the necessary rules and regulations.

In all, Sports Illustrated Sportsbook will be highly regulated in Indiana. Thus, your money and information will be safe.

Getting started at SI Sportsbook in Indiana

Getting started at Sports Illustrated Sportsbook in Indiana is simple and fast. To sign up for an account and start betting, follow the instructions below:

  • Follow a link on this page to the Sports Illustrated Sportsbook website.
  • Once you’re on the SI site, find the red “Join Now” button in the upper right-hand corner of your screen, and click on it.
  • Fill out the registration form with your personal information. You’ll need to confirm your identity with the last digits of your SSN and choose a username and a strong password for your new account.
  • Once you’ve completed the account registration process, choose a deposit method from the options available and add funds to your account.

Once you’ve finished that, you’ll be all set to start wagering at Sports Illustrated Indiana Sportsbook. To claim the Sports Illustrated bonus offer, make any $20 wager within seven days of signing up. If it wins, you’ll be rewarded with $200 in bonus bets. No SI Sportsbook code is required to claim this bonus when you register for SI Indiana here.

How do I download the Sports Illustrated app?

To download the Sports Illustrated Sportsbook app, follow this page’s link to the Sports Illustrated Sportsbook website. Then, scroll down to the black section at the bottom of the page. There, you’ll find several menus, along with a visual display of all the available payment methods. On the right-hand side of those menus, you’ll see two buttons, each for an app download page. To download on Android, click the button that says “Get It On Google Play.” To download on an iOS device, click the button that says “Available on the App Store.

Once you’ve been redirected to the SI app download page on your app store, click to download the app. Once the app has finished installing, open it up, and either 1) create an account, if you haven’t already, or 2) log in with the account credentials you already made on the website. After you’ve successfully logged in to the app, you can start using it. On the SI mobile app, you can do virtually everything you would otherwise do on the desktop site. You can view your bet slip, browse the available sports betting lines, add funds to your account, withdraw your winnings, or claim promotions.

The app has received middling reviews so far, with an overall score of 3.8/5 on the Google Play Store and 3.9/5 on the Apple App Store. Some users have reported issues with the UI and suboptimal navigation. But given that SI Sportsbook is still relatively new to the industry, it’s highly likely that the app will continue to improve as the operator expands into more states.

Where do I find Sports Illustrated promotions?

Sports Illustrated Sportsbook offers a handful of regular promotions to existing clients. These include a few mainstays, like the Perfect 10 contest, Three and Win parlay, and SI SportsBoosts. The Perfect 10 contest has proven especially popular. It invites users to make a selection of 10 picks, and if they get all 10 right, they win a share of a $10,000 prize pool (depending on how many users get all 10 right).

All of the promotions at Sports Illustrated Sportsbook can be found under the Promotions tab of the main menu. The button—red and indicated by a megaphone icon—is on the left-hand side of your screen on the desktop site. There, you’ll find a listing of a few promos that are currently available, including the current welcome bonus.

For example, right now, SI Sportsbook is offering a rotating promo that they’ve titled the Third & Long parlay boost. It rewards bettors with $60 in bonus bets when they win a 3+ leg parlay on an NFL game.

Why should I choose the Sports Illustrated Sportsbook app?

Below are a few of the top features we think make SI Sportsbook a worthwhile option for Indiana bettors.

  • Huge variety of markets: You’re virtually guaranteed to find whatever sport you’re looking for at SI. They cover all major North American sports, along with a very impressive selection of niche and international markets.
  • Lots of regular promos: Sports Illustrated offers plenty of rotating promos to complement its welcome bonus, which is on the smaller side. You can find odds boosts, parlay boosts, prize pools, and more under the Promotions tab.
  • Engine powered by 888sport: Sports Illustrated runs on a proprietary system by European sports betting giant 888sport. This should make SI a reliable, highly functional interface and limit the risk of glitches or outages.

What won’t I like about the Sports Illustrated mobile app?

There are undoubtedly a few areas where Sports Illustrated could stand to improve. Here are a few issues users have noted in the past.

  • Mobile app user interface: The Sports Illustrated online app has received its fair share of critical reviews so far, with many citing dissatisfaction with the design and user interface. There’s plenty of reason to believe this will improve with further updates and redesigns, but, as of now, it remains a strike against the operator.
  • Small welcome bonus: $200 is nothing to sneeze at, but given that your bet has to win to claim the bonus—while major operators like DraftKings, FanDuel, and Caesars Sportsbook offer sign-up bonuses upwards of $1,000—it leaves a little to be desired. However, remember that those figures are often maximum values on bonus bets or deposit matches, and many users will end up claiming a much smaller amount.
  • Limited support options: Right now, the only customer support available at Sports Illustrated Sportsbook is an email address. Ideally, it would offer a live chat and/or phone option as well, as many of its competitors do.

What kind of bets can I make at Sports Illustrated?

You can make all the standard bet types at Sports Illustrated. For new payers, who might not know some of the terminology, here’s a quick breakdown of the basic kinds of bets you can expect to find at Sports Illustrated online sportsbook in Indiana (or any Indiana sportsbook for that matter).

  • Moneylines: Wager on the winner of a game. These will display next to odds given as a + or – sign and a three-digit number, which indicates the payout you would receive if the bet wins. Minus odds indicate a favorite; plus odds indicate an underdog. If the odds are +120, a $100 bet would return $120 in profit ($220 total). If they are -120, it would take a bet of $120 to return a profit of $100.
  • Spreads: Wager on the winner of the game, but take into account the margin of victory. For example, a game might have a spread of Indianapolis Colts +3.5 and Buffalo Bills -3.5. If you bet on the Colts to win, they can lose by three points or fewer, and your bet will still win. (Imagine the 3.5 is added to their points at the end of the game.) Meanwhile, if you bet on the Bills, they have to win by four points or more for your bet to win, since they’re the favorite. (Similarly, you can imagine the 3.5 is subtracted from their final score.) Usually, either side of this bet will have odds of -110.
  • Totals: Wager on how many points will be scored in the game, rather than on who wins. These are often known as over/unders, since you pick one side of a total proposed by the sportsbook, like whether there will be over or under 42.5 points scored in an NFL game, for example. As with spreads, both sides are given standard -110 odds.
  • Parlays: Combine multiple component bets into one bundled wager. All of the bets must win in order for the bet to win, but the bettor is given better odds with each additionally included wager (or “leg”). Each added leg makes the parlay riskier, of course.
  • Props: Wager on smaller aspects of a game that are not necessarily related to the final outcome. A sportsbook might offer prop odds on an individual player’s point tally or even on something like whether a given game will go to overtime.
  • Futures: Wager on outcomes that won’t be decided for some time. This might be a long-term wager on a team to win a championship, like betting on the Super Bowl winner at the beginning of the NFL season, for example. Other futures include betting on a player to win the forthcoming season’s Heisman Trophy or NBA MVP.

Can I bet on the Colts at Sports Illustrated?

Once this sportsbook starts doing business in Indiana, you can absolutely bet on the Colts at SI. It offers extensive coverage of the NFL (not to mention college football) and will have moneyline odds, point spreads, props and parlay options available on any Colts game. You can also find betting options on the Indiana Pacers, Indiana Hoosiers, and the Notre Dame Fighting Irish.

Banking at Sports Illustrated online sportsbook

Sports Illustrated stacks up well when it comes to cashiering methods. It accepts a number of online payment methods, some of which can be used for depositing and withdrawing, and some which can be used only for depositing. See the list below for more details.

Depositing & Withdrawing

  • Visa debit cards
  • ACH bank transfer
  • Play+
  • PayPal

Depositing only

  • Visa credit cards
  • Mastercard
  • Discover
  • PayNearMe
  • Instant bank transfer

Sports Illustrated Sportsbook support

As of right now, Sports Illustrated’s customer support suite is a little on the limited side. It doesn’t offer a live chat function, nor does it list a phone number. However, you can contact SI via email or open a customer support ticket on its website. SI also has an extensive FAQ section on its website. With any luck, as SI Sportsbook continues to grow, it will add live chat or phone support, since this has become relatively standard at most major sportsbooks.

How do I exclude myself from Sports Illustrated?

On the “Patron Protection” page (linked at the bottom of the desktop website), you’ll find a collection of information and resources aimed at preventing minors from gambling, ensuring your account security, and encouraging responsible gambling. Among the responsible gambling features listed are deposit limits, time limits, wagering limits, and the option to add yourself to a self-exclusion list. This section also provides links to the National Council on Problem Gambling and related local resources.

The problem gambling hotline in Indiana is 800-994-8448. Please play responsibly. Never bet what you cannot afford to lose, and make sure that you’re betting for entertainment purposes only.

Can I bet with Sports Illustrated Sportsbook in person?

There aren’t any retail Sports Illustrated Sportsbooks at this time, but it’s very likely that this will change. It’s quite common for sportsbooks to partner with local casinos (or sports teams) to set up retail locations, In Indiana, online sportsbooks are required to have a retail casino as a “licensing partner,” which makes it even more likely that SI will partner with an Indiana casino and open up a retail sportsbook on its premises.

How does Sports Illustrated compare to other Indiana sportsbooks?

Overall, Sports Illustrated is a solid option for Indiana bettors, though it may lack a little bit of the luster of some of the major blue-chip sportsbooks. Its strengths lie in its impressive market coverage, its engine powered by 888sport, and most of all, its selection of rotating promos. Indeed, with many sportsbooks nowadays emphasizing lavish welcome bonuses at the expense of daily or weekly promos for existing customers, Sports Illustrated is almost a breath of fresh air in this regard.

At the same time, the Sports Illustrated sign-up bonus is small (only $200 in bonus bets if your $20 initial bet wins). On top of that, its app navigation has been known to be buggy, and its customer support suite is limited. In all, SI Sportsbook is far from perfect, but there’s still a lot to like. At the end of the day, it’s certainly an option worth considering for bettors in the Hoosier State.

Sports Illustrated Sportsbook Indiana FAQ

You don’t need one to claim the top SI Sportsbook welcome bonus. Just sign up with Sports Illustrated Indiana here, and you’ll automatically be eligible for the “Bet $20, Get $200” welcome bonus.

Yes, you can. Indiana does not prohibit betting on college sports (including in-state teams), and SI offers plenty of lines on NCAA football and basketball, meaning you can find betting options on the IU Hoosiers and the Notre Dame Fighting Irish.

It’s possible that this will vary depending on the deposit method, but typically $10.

Yes, it does. You can find the SI Sportsbook promotions currently on offer under the “Promotions” menu (look for the megaphone icon). There, you can find whatever parlay boost, odds boost, or other promotion is currently available.

No, you can’t. You must be physically located in Indiana to place bets, and if you’re betting on a mobile device, you must have geolocation enabled so that the app can verify where you are. You can still view your bet slip if you’re outside Indiana, but you won’t be able to wager.