Codere offers a solid Spanish sportsbook with full and partial cash out, a bet builder, streaming of selected events and Bizum deposits, plus withdrawals through HalCash at ATMs. Its welcome free bet needs a €20 deposit and odds of 2.00, and Spain’s consumer ministry has fined it twice since 2024 for technical breaches.
Strengths
Full and partial cash out and a bet builder
Bizum, PayPal and HalCash options
24/7 live chat plus WhatsApp
Long-standing Spanish operator
Weaknesses
Welcome offer needs a €20 deposit and odds of 2.00, with a 7-day expiry
Streaming is limited compared with bet365
Two consumer-ministry sanctions since 2024
Who it suits
Spanish football bettors who want Bizum and quick cash access.
Look elsewhere if
Bettors who want extensive streaming or deep esports markets.
Codere quick facts
Best for
Spanish bettors who want cash options
Our score
8.1 (Spain)
Owner
Codere Online, S.A.U.
History
1980 (online betting license in Spain since 2012)
Licensed in
Spain
Welcome offer (Spain)
100% of your first deposit up to €200 as a free bet
App rating
Spain: not verified
Fastest withdrawal
PayPal and Skrill: 1–2 business days
Support
24/7 live chat, WhatsApp, phone and email (apuestas@codere.com, 24–48 hours).
Regulatory actions since 2023
2 (see the record below)
Codere overview
Codere began in 1980 managing gaming machines and entered online sports betting in 2012, when it obtained its DGOJ license. Its online business is run by Codere Online, S.A.U., based in Alcobendas, Madrid.
The sportsbook offers live betting, full and partial cash out, a bet builder and streaming of selected events, with Bizum deposits and HalCash withdrawals at ATMs.
Codere scores 8.1 in Spain. Spain’s consumer ministry fined it €17,500 in November 2025 for technical breaches and named it among operators sanctioned in May 2024.
How the score is built
Each score is a weighted average of up to five criteria, each out of 10. Two are calculated from public data (regulatory record and app store rating); three are editorial judgments based on documented features, payment terms and offer terms. A criterion without verified evidence (an offer in Ontario, an app rating we could not confirm) is left out and the other weights are rescaled. Full method.
Codere score breakdown by market
Criterion
Weight
Spain
Regulatory record
25%
9.5
Betting product
25%
8.0
App quality
20%
Not scored
Payments & payouts
15%
7.5
Welcome offer terms
15%
6.5
Overall
100%
8.1
Regulatory record: 2 scored actions since January 1, 2023 (listed below). Spain 9.5.
Betting product: Full and partial cash out, bet builder, live betting and some streaming.
App quality: Spain not scored (No verified App Store rating).
Payments & payouts: Bizum, PayPal and HalCash with no Codere fees; card and bank payouts take days.
Welcome offer (Spain): A high ceiling, but a €20 minimum, odds of 2.00 and a 7-day expiry.
Codere welcome offer terms
Spain · 18+ · new customers
100% of your first deposit up to €200 as a free bet
New customers, 18+. Minimum deposit €20; minimum odds 2.00; the free bet is valid for 7 days.
Other sources describe the offer as “up to €200” without these details; check the terms when you sign up.
As advertised on October 27, 2026. Offers change often; the operator’s own terms apply.
Offers for existing customers
Regular promotions reported by the review sources listed below. Availability changes week to week and, in the US, by state.
Monthly deposit bonus
€15 in free bets on the first deposit of each month (minimum €20, odds 1.50+).
Cashback
50% up to €50 on esports and 25% up to €100 on ATP or WTA tournaments.
Sports and betting markets
Football, tennis, basketball and more than 25 sports in total, including esports; Spanish football prices are described as competitive.
Key betting features
Live betting
Full and partial cash out
Bet builder
Streaming of selected events
Cashback promotions on esports and tennis
Live betting and streaming
Live betting, streaming of selected events (more limited than bet365, according to Fichajes.net) and cash out in full or in part.
App, support and safer gambling
Native apps are available on iOS and Android; we found no verified store rating.
App rating (Spain)
No verified App Store rating.
Customer support
24/7 live chat, WhatsApp, phone and email (apuestas@codere.com, 24–48 hours).
Safer gambling tools
Deposit limits, account restrictions and self-exclusion; JugarBien.es and the free line 900 200 225.
Payments and withdrawals
Visa, Mastercard, Bizum, PayPal, Skrill, Paysafecard, bank transfer, MuchBetter and others; €10 minimum deposit on most methods.
Withdrawal times
PayPal and Skrill: 1–2 business days
Cards: 1–3 business days
Bank transfer: up to 3–5 business days
HalCash: cash at an ATM via SMS
Times are those published by the operator or measured by the review sources listed below; first withdrawals can take longer while identity checks are completed.
How to sign up with Codere
1Open Codere’s Spanish site or app and register; you must be 18 or over.
2Enter your details, including your DNI or NIE; Spanish operators check identity and the RGIAJ exclusion register.
3Deposit with an accepted method such as Bizum or a card.
4Activate the welcome offer if you want it, and check its rollover and minimum odds.
Fines, settlements and penalties published by regulators or reported by the trade press in the markets covered here. Dates are the decision date or, where that is not published, the date first reported.
Regulatory actions against Codere
Date
Regulator
Amount
What happened
November 25, 2025
Spanish Ministry of Consumer Affairs (DGOJ)Spain
€17,500
Failing the technical requirements for software and communication systems. Source
May 2, 2024
Spanish Ministry of Consumer Affairs (DGOJ)Spain
Not disclosed
One of seven licensed operators sanctioned for serious infractions, together fined €1.15 million; individual amounts were not published. Source
Codere history
1980Codere founded
2012DGOJ online license
May 2024Named among licensed operators sanctioned by the consumer ministry
November 2025€17,500 sanction for technical breaches
Codere vs rivals in Spain
How Codere compares with the other top-rated sportsbooks in Spain on our scores and app ratings.
Spain: Codere Online, S.A.U.; DGOJ license since 2012; minimum age 18+.
Who owns Codere?
Codere: Codere Online, S.A.U.. 1980 (online betting license in Spain since 2012).
How good is Codere?
On our method it scores 8.1 (Spain) out of 10. Codere offers a solid Spanish sportsbook with full and partial cash out, a bet builder, streaming of selected events and Bizum deposits, plus withdrawals through HalCash at ATMs. Its welcome free bet needs a €20 deposit and odds of 2.00, and Spain’s consumer ministry has fined it twice since 2024 for technical breaches.
How long do Codere withdrawals take?
PayPal and Skrill: 1–2 business days; Cards: 1–3 business days; Bank transfer: up to 3–5 business days; HalCash: cash at an ATM via SMS. First withdrawals can take longer while identity checks are completed.
Does Codere have live streaming?
Live betting, streaming of selected events (more limited than bet365, according to Fichajes.net) and cash out in full or in part.
What is the Codere welcome offer?
Spain: 100% of your first deposit up to €200 as a free bet. New customers, 18+. Minimum deposit €20; minimum odds 2.00; the free bet is valid for 7 days. Checked October 27, 2026; the operator’s terms apply.
Has Codere been fined by a regulator?
Yes. Since January 1, 2023: Spanish Ministry of Consumer Affairs (DGOJ), €17,500 (November 25, 2025); Spanish Ministry of Consumer Affairs (DGOJ), Not disclosed (May 2, 2024).
Does Codere have an app?
Spain: No verified App Store rating.. Native apps are available on iOS and Android; we found no verified store rating.