Review of Codere


from Dec 9, 2024 hours 18:24 (UTC +02:00)
to May 29, 2025 hours 18:24 (UTC +03:00)

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from Dec 9, 2024 hours 18:24 (UTC +02:00)
to May 29, 2025 hours 18:24 (UTC +03:00)

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Review of Codere
In this review about Codere sports betting, we are going to see the good, the bad, and the ugly of this operator. Find out about an analysis, in the first person of a real test. Later it will be you who tells if it's worth opening an account at Codere.


We analize the welcome bonus of Codere Apuestas


The Codere welcome bonus is practically the same for all the countries in which it operates. The big difference in opinion is in Argentina, since the value is around 25 dollars. While in Mexico and Panama the bond is equivalent to about 160 and 100 dollars respectively.


Regarding the conditions of release for the Codere sports betting bonus, there are some essential differences between the different jurisdictions. Because while they will triple our deposit in Mexico and Panama, they are only going to double it in Argentina. It's a generic promotion and very easy to understand.


Latin American Codere Promotions


The Codere sports betting bonuses vary depending on the country in Latin America. You simply have to check the conditions of the voucher for your country.


Next, let's see some of the bonuses that users of bookmakers have at their disposal in Argentina and other countries.


???? 100% welcome bonus with 1º deposit in Codere Argentina


If you register with codere and fulfill the criteria, then a 100% welcome bonus of up to 200,000 ARS in free bets is yours. Now, pay attention to the fine print we analyzed for you.


To get the codere Argentina bonus in an effective way, you will have to meet the bookmaker's requirements:


1- Open your account on the official site of codere. It didn't take us more than 20 minutes to do the registration and account verification.
2- Deposit at least 1000 ARS, then place a bet for the total of your deposit in any sporting event at minimum odds of 2.50.
3- In a single or several single or combined bets.
4- Maximum term of 30 days since your first deposit - first after the registration at codere, to comply with the offer.
5- After the conditions are covered, codere grants the freebets within a maximum of 3 days.
▪️ For every 1000 pesos you deposit, you get 1000 in freebets, up to a maximum of 10,000 ARS. Example: If you deposit $7,500, you will get $7,000 in freebets.
▪️ With the freebets, make bets at odds equal to or greater than 2.00 on any sports event.
▪️ Deadline for using the free bets: 7 days from obtaining them.


• In the event of your bet using the freebet being a winner, you will receive the net profit that your bet generates.


• If you place your bet with the freebet and then cancel it, Codere shall neither return the amount of said freebet nor award you one in its place.


❌ YOU DO NOT GET THE BONUS IF: you don't deposit the minimum asked for, you don't respect the 30-day timescale, and if you don't meet up with the minimum quota for betting.


Moreover, your right to a bonus may be lost in the following events:
▪️ Bets in the "Special Odds" section or "Player Props".
You have to consider that, within this promotion, freebets are awarded in multiples of 1000, with a limit of 10,000 pesos. That is, by depositing every 1000 ARS, 1000 are given in freebets. Anyway, the amount of freebets received is always rounded down to the nearest multiple of 1000 from the deposited amount.
For example, if you deposit 7500, the nearest multiple of 1000 down is 7000. You will therefore get 7000 ARS in freebets. You don't get 7500 in free bets because 7500 is not an exact multiple of 1000.
???? Finally, another very important aspect is that if you deposit more than 10,000, you will receive a fixed freebet of 10,000 pesos no matter if you deposit more, up to a maximum of depositing $200.000.
Example: If you deposit 175.000 pesos, you will obtain 10,000 pesos in free bets.


The Codere promotions and welcome bonus in Mexico


Something that really drew our attention to the promotions at Codere Sports Betting was that for their users in Mexico, they have available not one or two offers, as is the case with Argentina, but they really strive to offer a lot of variety in sports and events, in such a way that we were left with the feeling of being in an online bookmaker in the USA.


However, you should pay attention to the renewal cycles of the Codere bonuses. The sports betting in Mexico is competitive, and up to three promotions appear and disappear over the course of a week. It is not easy to follow the track, although the user experience does not become negative because of this feature.


Recently, the reward system of the Codere Mexico bonus changed. They have a bonus of up to MXN 5,000 on the first three deposits as follows:
Finally, 70% of the third deposit up to 2.000 MXN


????New in codere Mexico: now you can make the deposits through Mercado Pago.


Sign up with Codere from Mexico. It will be a process which is going to take less than 15 or 20 minutes.First Deposit: Deposit at least MXN 200. You select the sport welcome bonus and will see the FD credit directly in an account.Sport betting: Place bets on a football or tennis match, for example. Grant the established minimum mummies. Also, you can make several combined bets to reach faster the necessary amounts.Bonus Release: The bonus releases after the balance of the first deposit is spent on bets, allowing you to continue betting with the released FD. Strategic bet: Bet on sporting events that have mummies to meet the requirements but don't go overboard in being too risky.
After several bets and the requirements, you will get the balance in your real account; remember that: The maximum winnings that you can transfer into the real balance are limited to $2,000 MXN per bonus. Even if you get a bit more, any amount over will be annulled horse racing betting.


The Codere Panama bonuses


When it comes to betting in Panama, Codere Sports Betting is, without doubt, one of the most generous operators. As it happens with its Mexican version, the amount of bonuses that we are going to be able to find is much higher compared to other operators.


Now, there is one detail that has surprised us a lot, which is that no Codere bonuses are dedicated exclusively to baseball since it is a sport competing in popularity with football in Panama and throughout the six weeks that we followed this sportsbook, not one was published.


Is Codere a safe operator in Sports Betting?


All bookmakers with a Spanish license have to pass a very difficult and rigorous verification process to obtain their operating license from the DGOJ; in the case of Codere, this situation is multiplied by four if we take into account that it has a license to operate in Argentina (LotBA), Mexico (SEGOB), Colombia (Coljuegos) and Panama (PVP).


We have done an exhaustive investigation so that we can tell you with total certainty that Codere is a 100% safe sports book and that no matter the territory in which you are, as long as it is licensed, you will be in the hands of a responsible operator that respects its players to the maximum.

Now, as we know this is not the only thing that interests you regarding the security of Codere Apuestas, we asked our technical team to make some basic verifications about the data encryption system. According to them, Codere has a 256-bit SSL encryption system, that is to say, it is as safe as a bank.

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