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Sportsbook review · Spain

Codere review

Codere is a Spanish gaming group that has run an online sportsbook under a DGOJ license since 2012.

  • Spain8.1/10
Codere review summary: Spain 8.1 out of 10. Best for spanish bettors who want cash options.

Codere welcome offer and promo code

New customer offer · Spain Checked October 27, 2026
Codere 8.1/10 Best for: Spanish bettors who want cash options

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.
Full terms

Other sources describe the offer as “up to €200” without these details; check the terms when you sign up.

Promo code Check the sign-up page
Claim offer How we rate this offer
Dirección General de Ordenación del Juego (DGOJ) 18+ only T&Cs apply

18+. New customers only. Terms as advertised on October 27, 2026; the operator’s own terms apply and offers change often. Need help? Free gambling helpline (JugarBien), 900 200 225. Gamble responsibly.

Our verdict

Spain8.1/10

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.

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 forSpanish bettors who want cash options
Our score8.1 (Spain)
OwnerCodere Online, S.A.U.
History1980 (online betting license in Spain since 2012)
Licensed inSpain
Welcome offer (Spain)100% of your first deposit up to €200 as a free bet
App ratingSpain: not verified
Fastest withdrawalPayPal and Skrill: 1–2 business days
Support24/7 live chat, WhatsApp, phone and email (apuestas@codere.com, 24–48 hours).
Regulatory actions since 20232 (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
CriterionWeightSpain
Regulatory record25%9.5
Betting product25%8.0
App quality20%Not scored
Payments & payouts15%7.5
Welcome offer terms15%6.5
Overall100%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+).
Cashback50% 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 support24/7 live chat, WhatsApp, phone and email (apuestas@codere.com, 24–48 hours).
Safer gambling toolsDeposit 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

  1. 1Open Codere’s Spanish site or app and register; you must be 18 or over.
  2. 2Enter your details, including your DNI or NIE; Spanish operators check identity and the RGIAJ exclusion register.
  3. 3Deposit with an accepted method such as Bizum or a card.
  4. 4Activate the welcome offer if you want it, and check its rollover and minimum odds.

Licensing and availability

Where Codere is licensed
MarketLicenseRegulatorAge
Spain Codere Online, S.A.U.; DGOJ license since 2012 Dirección General de Ordenación del Juego (DGOJ)Check the register 18+

Regulatory record

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
DateRegulatorAmountWhat happened
November 25, 2025Spanish Ministry of Consumer Affairs (DGOJ)Spain€17,500Failing the technical requirements for software and communication systems. Source
May 2, 2024Spanish Ministry of Consumer Affairs (DGOJ)SpainNot disclosedOne of seven licensed operators sanctioned for serious infractions, together fined €1.15 million; individual amounts were not published. Source

Codere history

  1. 1980Codere founded
  2. 2012DGOJ online license
  3. May 2024Named among licensed operators sanctioned by the consumer ministry
  4. 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.

Codere compared with rivals in Spain
SportsbookOur scoreRegulatoryAppBest for
Codere 8.1 9.5 – Spanish bettors who want cash options
Sportium 8.1 10.0 – Fast e-wallet payouts in Spain
888sport 7.1 8.8 – A no-deposit registration bonus

See every licensed sportsbook in Spain

Codere FAQ

Is Codere legal and licensed?

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.

Sources

  1. Fichajes.net: Codere Spain review (operator, features, payments, support)
  2. Motorsport.com: Codere review (welcome offer, withdrawals)
  3. Spanish Ministry of Consumer Affairs: 26 operators sanctioned (November 2025)
  4. Spanish Ministry of Consumer Affairs: 17 operators sanctioned (May 2024)

Spotted something out of date? Email contact@sportsbooks.ro and we will check it against the source. See our editorial policy.

Bet responsibly

Betting is entertainment, not income. Set deposit, loss and time limits when you open an account, and never chase losses.

Free help and self-exclusion