PointsBet Colorado Sportsbook Promo Code and Bonus Offer
The sports betting wave is sweeping across the United States as the top sportsbooks are fighting for new users in legal states. PointsBet is growing quickly and gaining popularity with its unique features and it has a strong presence in Colorado sports betting. Here’s what you need to know about PointsBet Colorado.
PointsBet is known for its second chance bets as well as odds boosts and other bet bonuses. Check out the latest offer to take advantage of a great bonus as you get started with PointsBet.
They have had great offers that have included second chance bets, bonuses, and more.
If you are looking to start sports betting in the state of Colorado, you will have to register with your personal details to get started. This includes your name, address, birthday, and more. The information allows a sportsbook to confirm your identity and that you are old enough to be placing sports bets on a site in Colorado.
After registering, geolocation tracking will confirm you are within the borders of a legal sports betting state. Then, PointsBet users are allowed to place bets and wager on the top sporting events in the world. Before signing up or registering, check for these latest PointsBet bonuses or promo codes. Sometimes they need to be applied before registration.
There are a couple of different ways you can claim a sportsbook promo code or bonus. For most promo codes, you don’t have to do anything. You can just follow a link to the platform and register for an account. Then, the bonus will automatically be added to your account.
In other cases, you might have to enter a physical promo code during the registration process. This is why it’s vital you check the terms and conditions of an offer before signing up. You don’t want to miss out on a great bonus because you didn’t take the time to check the details.
Also, some of these promotions are attached to a qualifying event such as a bet or deposit. For example, a sportsbook might be giving out $100 in bonus bets after you make a $25 deposit. You cannot receive the bonus bets until you add $25 to your account.
PointsBet is one of the top online sports betting sites as it continues to grow in legal states. Here’s a look at some of the platform’s best features for new users to check out as they join and sign up for a sports betting account.
PointsBet’s most unique feature is called “PointsBetting.” This is a form of betting on spread bets that is high risk and high reward. You can win or lose more based on the outcome of the wager on bets such as spreads and totals. It’s only available for select fixed-odds markets.
For example, you decide to bet on the Wizards to cover a -4 spread vs the Pistons. If the Wizards win by five points, you would win five times your stake. Now, this works on the other side as well. If the Wizards lose by seven, you would lose seven times your stake.
In-play betting has become extremely popular across the United States. You can track live lines and odds as you wager on the next play, quarter, inning, and more. PointsBet has live betting options for you to make wagers during the biggest events in sports as you try to cash in on the next moment of the game.
The sportsbook has the same-game parlay which allows you to combine multiple bets from the same game into one wager. PointsBet also allows for live same-game parlays. You can create the optimal parlay during timeouts or breaks during the action.
Just click on the “Same Game Parlay” tab in the top navigation menu. SGP options are available for leagues such as AFL, NRL, NBA, NFL, NCAAB, and MLB.
The early cash-out option is available for most bets with fixed odds. You can use the cash-out option to dip out of a bet early to earn a profit or cut your losses if it looks like your wager is going to lose.
PointsBet also provides live streaming of events for sports bettors. As of now, the sportsbook streams specific sporting events that are primarily played not during peak times including tennis, soccer, volleyball, esports, and table tennis.
Be sure to check out the PointsBet rewards program so you can score bonuses for placing wagers. Every bet you place with the sportsbook earns you points and they can be redeemed for bonus bets. Every 1,000 points earned is $10 of bonus bets.
The PointsBet online casino is available in select states. It sports online casino games such as three-card poker, American roulette, blackjack, slots, and more. If not interested in sports betting, you can use the PointsBet website or app to join the online casino market. There is usually a PointsBet Casino promo code or bonus to get you started with a boost.
Like many of the other top sportsbooks, PointsBet offers customer support 24/7. You can reach out via the live chat to talk with a representative if you are having any issues with your account, PointsBet promo codes, and more. Also, you can send an email with questions and concerns.
Colorado legalized sports betting in November 2019. We saw both online and retail sportsbook options become available in May 2020. PointsBet CO launched in November 2020. You have to be at least 21 years old to bet with PointsBet Sportsbook Colorado or any other sports wagering platform.
All sportsbook apps and sports betting operators have to be partnered with casinos in the state of Colorado. Most of the retail options are located in Black Hawk, Central City, and Cripple Creek. In the first 18 months of betting, the state racked up over $5 billion in wagers.
The Colorado Limited Gaming Control Commission regulates sports betting in the state. They ensure responsible gaming and fair betting is practiced by each of the top Colorado apps and retail locations. This includes PiontsBet Sportsbook CO.
There are several major sports teams at the professional level including the Nuggets, Broncos, and Rockies. Also, you can bet on college sports in the state.
There was a partnership between the University of Colorado and PointsBet but it recently ended. At the end of March 2023, we saw the University of Colorado end the partnership between PointsBet and CU athletics.
There are plenty of great betting options and markets with PointsBet Colorado Sportsbook. Here’s a look at some of the most common bet types for new bettors using the PointsBet Sportsbook.
A moneyline bet is a wager on a team or individual to win. The score doesn’t matter. You just need to pick the straight-up winner. It’s one of the simplest bets in sports gambling. Moneyline favorites have negative odds while moneyline underdogs have positive odds. You have to bet more on a favorite to get a decent payout.
For example, the Colorado Rockies are a -160 favorite vs the Chicago Cubs. A $160 bet on the Rockies would win $100. Since they are the favorite, you have to place a larger wager to win $100.
A point spread bet is a wager on the margin of victory. These lines are set at sportsbooks to balance out a game or event that has a heavy favorite. A point margin will be set and you bet if a team will win or lose by that amount. For point spreads, the odds are usually around -110 on both sides. That means it takes a $110 bet to win $100.
For example, the Denver Broncos are a -2.5 favorite vs the Chicago Bears. To cover the spread, the Broncos would have to win by three points or more.
A total bet is also referred to as an over/under bet. A sportsbook sets the total number of points scored in the game by both teams combined. You bet either over or under that mark.
For example, the total for a game between the Denver Nuggets and Chicago Bulls is 228.5. If you bet an over, you would need at least 229 points scored in the game. If the game ends 109-104, your bet would lose because that’s only 213 total points scored in the game.
A futures bet is a wager on an event down the road. Sports bettors can check odds for bets like who will win the MVP, which team will reach the Super Bowl, and more throughout the year. The odds change based on injuries, performance, time of the year, and more.
A prop bet is when you wager on an outcome that is within a game but it doesn’t necessarily tie to the final result of the contest. There are all sorts of great props including team, player, and game props. You can wager on how many points a player will score, if a player will hit a home run, quarterback passing yards, and more.
A parlay bet is when you combine multiple wagers into one single bet. The catch is that all of the bets have to win for you to receive your payout. Let’s say you pick four NFL teams to win in week 14 of the season. If any of the teams lose, you lose the entire bet.
Each bet added to a parlay is called a leg. The more legs added the higher the odds but also the probability of winning goes down.
Many online sportsbooks use offers and promotions to attract new users in legal states. They want to reward new customers for joining their brand. Here’s a look at a few of the common sports betting promotions you might see across the sports betting industry.
For a deposit match bonus, a sportsbook will give you bonus funds based on your first deposit after registration. For example, a sportsbook might have a 25% deposit bonus of up to $1,000. If you deposit $1,000, you would receive $250 in bonus funds.
Most deposit bonuses come with a rollover requirement. This means you have to bet a certain amount to receive the funds. Check the terms and conditions if you are looking to claim this type of promotion.
A second chance bet might also be referred to as a no-sweat bet, first bet offer, bet on the house, or first bet insurance. For this type of promotion, your first bet is covered if it loses. For example, PointsBet might have a second chance bet of up to $2,000. If your first wager of $750 loses, PointsBet would give you $750 in bet credits to cover the loss.
The bonus bet is one of the best promotions at a sportsbook. You receive bonus funds for registering with the sportsbook. Some bonus bets do not require a deposit and you receive it upon signup. For others, you might have to make a deposit or place a bet to receive the bonus.
For example, a sportsbook might run a bet $5 to get $100 in bonus bets promotion. You cannot receive the bonus funds until you place your first $5 wager.
For a referral, you can use a link to get your friends and family to sign up. Then, you receive some sort of bonus. For example, a sportsbook might be giving out $25 in bet credits for each person who uses your referral link.
Remember, most sportsbooks have qualifying events that need to take place before you get the bonus such as the referral has to register and place a minimum deposit.
As you get started with online sports betting, it’s important to understand what banking options are available at each sportsbook. For deposits at PointsBet, you can use major debit/credit cards, PayPal, online banking transfers, eChecks, and PayNear Me. PayPal and debit cards are two of the most common deposit methods for sports bettors.
Every deposit method is not available for withdrawal. This is why it’s important to check the methods before you deposit any money so you can be sure you have a way to withdraw your winnings from the betting app or online sportsbook. For withdrawals, you can use PayPal, online bank transfers, and eChecks.
For deposits in the sports betting app, it is usually a minimum of $5 while your withdrawals need to bet at least $10.
The PointsBet mobile app is available for both Android and iOS devices in the Apple App or Google Play Stores. It ranks at 4.8 stars for Apple users and 4.5 for Android. The app is growing quickly and has all of the same features as the online sportsbook.
The PointsBet app uses geolocation tracking to confirm you are within the borders of a legal sports betting state. You will not be able to place wagers with a wide range of betting options if you aren’t in a legal state. Download the platform from the app store and get started with a PointsBet account.
While the PointsBet website and app is a great option for sports betting and online gaming, you should still consider other apps. The best way for Colorado bettors to get value from each bet is to compare the top online sportsbooks. You can compare odds, lines, features, bonuses, and more to get the best sports betting experience.
This is one of the best things about legal online sports betting. You have options to choose from. For most states, there are several legal sports betting options available. Take the time to compare these top sportsbooks while using the PointsBet Sportsbook. See how the odds stack up or the bonuses.
For example, a sportsbook available in Colorado might have a moneyline favorite listed at -115 while another sportsbook has that moneyline favorite listed at -105 odds. The -105 odds is a better bet because it provides a better payout. This is why it’s important to check out a sportsbook review like this one to see your options before signing up.
Is PointsBet Sportsbook legal in Colorado?
Yes, the sports gambling industry entered Colorado in 2019 and PointsBet became one of the state’s sportsbook operators in 2020. You can sign up for PointsBet Sportsbook CO as long as you are at least 21 years old.
What bet types does PointsBet Colorado have?
PointsBet is known for its unique PointsBetting feature as well as having traditional bets like moneylines, spreads, and totals. You can also place props, parlays, futures, and more with the sportsbook.
Can I bet using my mobile device with PointsBet?
Yes. You can use your mobile devices to bet with PointsBet. Geolocation tracking will confirm you are within the borders of a legal sports betting state and are allowed to place wagers.
Does PointsBet have a same-game parlay?
Yes. The sportsbook has pre-game and live same-game parlays. You can use the “Same Game Parlay” tab to see the different parlay options available.
Is there a PointsBet Colorado promo code or PointsBet welcome bonus offer?
PointsBet is usually running a promotion or PointsBet promo code for new users. Check out the latest offer to take advantage of second-chance bets, odds boosts, and more.
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