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Codere Review & Analysis

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Codere Spain Review

Visit Codere
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Website: www.codere.es
Type: Traditional, High Odds
Founded: 1980
Country: Spain

Codere is the leading bookmaker in the Spanish betting market. All players on the Codere online betting site enjoy multiple offers in sports betting and casino games. Codere is also the official Real Madrid sponsor and has a lot to offer.

Pros and Cons of Codere

  • Pros
  • As the official bookmaker for the Real Madrid team, it offers excellent variety in sports betting with odds you won’t want to miss, especially in football.
  • The website and apps are optimized for mobile platforms and are very attractive and user-friendly. You can enjoy betting from your home or on the go.
  • Diverse bonuses and promotions, featuring a triple welcome bonus.
  • Broad range of slots and casino games, with exceptional quality.
  • Cons
  • With regards to bonuses and promotions, to withdraw some of them you’ll have to bet the bonus amount a specific number of times
  • Support team is a bit slow sometimes
  • It doesn’t allow players from some countries

Available Sports

Codere is the leading sports betting portal in Spain. Therefore, it’s one of the bookies with the most variety in sports, covering national and international sports events. In this section, you can find:

  • American Football
  • Baseball
  • Basketball
  • Boxing
  • Cycling
  • Darts
  • eSports
  • Football
  • Golf
  • Greyhounds
  • Handball
  • Ice Hockey
  • MMA
  • Motor Sports
  • Snooker
  • Table Tennis
  • Tennis
  • Volleyball
  • Awards
  • Badminton
  • Beach Volleyball
  • Biathlon
  • Chess
  • Cricket
  • Entertainment
  • Field Hockey
  • Floorball
  • Formula 1
  • Futsal
  • GAA Football
  • MotoGP
  • Motorbikes
  • Olympic Games
  • Politics
  • Winter Sports

Would you like to follow live events as the Champions League and many more while betting online with the best odds and predictions? Visit Codere.es and don’t miss anything from your favourite matches.

Betting Coverage

Bet Types

Depending on the odds and timing, you can choose from a variety of bets, including:

According to the predictions

  • Single: bet on a result. If you get it right, you’ll be the winner.
  • Combined: also called “accumulative”, where you buy a ticket with two or more different predictions. You win if you get all the predictions right.
  • Multiple: these bets cover three or more predictions on different events, combined in groups of two or more. You must get all the selections of at least one group right to win.

According to the timing of the bet

  • Pre-match: are those placed minutes before the start of the event.
  • Live: are those placed on the event once it started.
  • Ante Post: are special bets placed on future events, in which we don’t know the participants at the moment of betting.

Sports Markets

Codere has many betting markets, and each will depend on the sport you choose. As the official sports betting portal for Real Madrid, the best betting market is football. The most known football betting markets are the 2-way money line, 3-way money line, total score bet, and bet on the goal line. Learn more about betting markets available at Codere by checking the section “Sports.”

What are the Odds?

Odds indicate the chances of a prediction to come true. If the event is improbable to occur, the odds will be higher. The odds formats that Codere offers are decimals, fractional, and American.

Website Design and UX

Codere site

The website’s interface has a very modern and professional design. You can see that the different tabs are well organized in the main menu, counting the drop-down menus. You can explore Codere’s website easily due to its modern design and sophisticated structure.

How to Register (Steps)?

Codere signup form
  1. Go to www.codere.es and fill out the registration form with your personal data.
  2. Type your bonus code to activate the welcome bonus at Codere.
  3. Verify all your information and accept the general conditions by ticking the box.
  4. Lastly, click on the “Complete registration” button and login into your account.
  5. Now you’re part of Codere! In order to enjoy your bets and welcome bonus, make your first deposit with the payment method of your choice.
  6. Sign Up at Codere

Codere’s Welcome Bonus – up to €200 for the First Three Deposits

Codere signup bonus for sports

You can opt for the €200 Triple Bonus after the Codere registration:

  • First bonus: Get a 100% bonus up to €50 with your first deposit.
  • Second bonus: Bet the total bonus amount with at least 1.5 odds. Then, you’ll get another 100% up to €50.
  • Third bonus: After releasing the second bonus, you’ll be able to get 100% up to €100 for the third deposit you make.

The minimum deposit for each bonus is €10, and the maximum time for releasing all three bonuses is 60 days from the first deposit, without requesting any withdrawal.

Grab your Bonus

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In-Play Sports Betting

Codere live bets

In the Live section, you can follow many of the main sports events that Codere offers, both nationally and internationally. You can also enjoy Mister Underdog transmissions every Monday at 15:00, where you’ll find out all the main football analysis for the whole week. You can add your betting tickets on the right of the screen and participate live, as long as the event allows it.

Sports Betting Products


Codere offers the Cashout Option, which allows you to close the bet before the event ends. Whether it’s to secure your winnings or stop losses, this is an excellent feature to have.

Live Streaming

Codere features a free live streaming service, on which you can follow your favourite matches from the website while you make live bets.

Results and statistics

Codere also offers results and statistics on the website, where you can check the live leaderboard and results for each event. This way, you can calculate the odds when betting.

Codere’s Mister Underdog

On Mister Underdog, you can find the best and most comprehensive football analysis on the market. Going from signings, expert opinions, and statistics will allow you to watch and enjoy football in a completely different way.

Every Monday at 15:00, Codere Underdog offers you a tactical and complete analysis of the winners and losers of the week. It also highlights the players’ most precise actions, plus features comparisons and situations within the favourite and not so favourite teams.

Codere Casino and Slots

Codere casino

At Codere, there’s a wide variety of casino games and slots you won’t want to miss! In the sections “Casino” and “Slots,” located in the main menu, you can play and take part in fabulous promos while playing games from the best providers in the world.

You’ll find classic table games like poker, blackjack, and baccarat, along with their variations. Also, you can play video bingo and live roulette and get incredible prizes from progressive jackpots.

Registration Offer at Codere Casino – 100% up to €200

Codere casino signup offer

All new users can get the welcome bonus, which offers a refund of the 100% up to €200 of the first deposit. You have to enter the promo code in the registration form.

The minimum deposit to get this bonus is €10, and the maximum bonus amount you can get is €200. You must bet x35 the bonus amount by participating in any game in the “Casino” section in no more than 15 days. You can get more details about this promo’s conditions on the site.

Claim this offer

Live Casino

Codere live casino

The Live Casino at Codere has amazing live roulette with its different versions, combining the best of the classic roulette that we all love with the real experience of playing with a live croupier. You can see the croupier spin the board in real-time and enjoy the show from your home. Accept the challenge and start betting on the live roulette by checking out the site!

Codere’s Local Stores

Codere is a known brand with local stores all around Spain, where you can bet physically and deposit or withdraw your money anytime. Locate the closest Codere Shops in your area and stop betting with Spain’s greatest bookmaker.

Codere’s Mobile App

Codere mobile app

Take Codere wherever you go! Download Codere’s app available for Android and iOS on your mobile device. Enjoy bonuses and promotions, sports betting, casino games, and more, more practically and simply.

Payment Options

Here is a table with all withdrawal and deposit methods available.

Payment Method Deposit Minimum Deposit Maximum Time for Deposit 
Visa Logo Visa€10€600Instant
Bank Wire Transfer Logo Bank Wire TransferNot specified€6001-3 Days
Neteller Logo NetellerNot specified€600Instant
Skrill Logo SkrillNot specified€600Instant
Paysafe Card Logo Paysafe Card€10€600Instant
MasterCard Logo MasterCard€10€600Instant
PayPal Logo PayPal€15€600Instant
HalCash Logo HalCashN/AN/AN/A
Payment Method Withdrawal Minimum Withdrawal Maximum Time for Withdrawal 
Visa Logo VisaN/AN/AN/A
Bank Wire Transfer Logo Bank Wire Transfer€20No Limits2-3 Days
Neteller Logo NetellerN/AN/AN/A
Skrill Logo SkrillN/AN/AN/A
Paysafe Card Logo Paysafe CardN/AN/AN/A
MasterCard Logo MasterCardN/AN/AN/A
PayPal Logo PayPal€20Not specifiedUp to 8 Hours
HalCash Logo HalCash€40€600Instant

Security and Regulation

Codere is a bookmaker managed by a Spanish company with extensive experience in the industry. The licences and regulations from the DGOJ are valid all around Europe, which makes it a completely legal and safe bookmaker.

Affiliate Program

For those webmasters that wish to monetize their blog or website, Codere’s affiliate program is ideal. You can monetize traffic from Spain, Latin America, and other European countries allowed at Codere.


Is Codere a Safe Site?

Yes, it’s a safe site. Codere’s website has a web certification, so all your personal information is protected.

Does Codere Have a Gaming Licence?

Yes. Codere has a valid gaming licence in Spain and European territory. You can verify this information on the website.

Is There a No Deposit Bonus at Codere?

At the moment, Codere doesn’t offer a no deposit bonus. However, it offers a triple welcome bonus on which you can get up to €200 in free bets.

What Are Player Props?

It’s a service that allows you to create and customize your sports bets based on the performance statistics of a specific player or team.

What Types of Bets Are Available at Player Props?

Single or Acca, where you bet on one or two combined players to get a specific goal. The Head-to-Head where a player must get the best result over another on the market. And the trios, very similar to the greyhound racing trios.

Does Codere Offer Free Spins?

Yes, by making any deposit and playing at Codere’s Casino section, you can opt for free spins promos. Keep yourself up to date with the new free spins promotions.

Is it Too Complicated to Claim Codere’s Bonuses?

No, bonuses at Codere are very easy to grab, and the requirements are easy to meet too. In most cases, you have to bet the winnings you want to withdraw as many times as the rules state. For example, if you must bet x10 the amount to withdraw, it means that to withdraw €150, you’ll have to bet €1,500.

Company Details

Codere is a multinational bookmaker with Spanish origins, founded in 1980. It started as a recreational machine operator, then turned into the first authorised company to offer sports betting in Spain. At the moment, you can enjoy a wide range of casino games, slots, live roulette, and video bingo on the website.

Customer Support and Contacts

If you have any questions, you can contact Codere customer support through live chat, calling their number, or writing an email.

Overall Rating

There’s no doubt that Codere is an excellent bookmaker. It’s the sponsor of one of the best teams and the iGaming company most known in Spain. Although customer support is a bit slow to answer and has restrictions in many countries, we consider it still one of the best options for players who love sports betting.

Join Codere and get fabulous bonuses and promotions from this bookie. It won’t disappoint you with their high-quality game catalogue and Codere sports betting with the market’s best odds.

Overall rating: 8.6/10

Join Codere

Codere User Reviews
  1. Huanita Sanchez
    Nice one but all home people nkwo i like it bonus casino in etns
Author: Katerina Gadzheva
Certified Betting Expert
Katerina Gadzheva
Katerina has 10+ years of experience in iGaming. She has been a player long before that. Using her skills as a content writer and first-hand knowledge of the online gambling industry, she reviews and compares online casinos for Silentbet.