MaximBet is live in Colorado and to celebrate they are offering all new players that register using our bonus code a 100% deposit bonus, up to $1,000. This is currently the largest deposit bonus offer available to CO sports bettors. For our readers located in other states, MaximBet is expected to be live in six markets by the end of October!
While still less than a month old, MaximBet has included some promotions that are competitive with other sportsbooks and solid ways to increase your cash flow. For new Colorado players, MaximBet offers a fairly typical 100% deposit bonus, up to $1,000.
As for offers available to existing players, among other things, MaximBet offers insurance for parlays, odd boosts for popular games or events, general betting insurance, and a handful of additional unique offers.
As of writing, some of the promotions, exclusive to MaximBet, that are available to existing players are as follows:
The promotions cover a wide variety of sports and there is always some sort of insurance for you to capitalize on and keep your betting balance in the green.
When it comes to the sportsbook itself, MaximBet is doing plenty to attract new users to their fresh sportsbook. The first thing they’ve done is establish a deposit match bonus that is competitive with all other leading sportsbooks: a 100% deposit match of up to $1,000. There is no code necessary. However, the method to claim all the bonus money is a little bit funky.
Your first deposit receives a 100% match of up to $500 in free betting credits. Make a second deposit within 8-14 days of the first deposit and you will receive a 100% deposit match of up to $250 in free betting credits. Make a third deposit within 15-21 days of the first deposit and receive a 100% match of up to $125 in free betting credits. Make a fourth deposit within 22-28 days of your first deposit and receive the same match specifications as the third deposit.
It all adds up to $1,000 in deposit match bonus, but it may require some extensive playing or planning to capitalize on the full offer as you can only receive 100% of the next deposit’s bonus if you have already bet through your previous deposit entirely.
Additionally, as is the case with every sportsbook bonus, the bonus funds received will not be able to be withdrawn immediately. The funds can only be withdrawn after betting through your full deposit and bonus amount. So, if your initial deposit is $400, you will have to bet through all $400 to be able to receive the bonus of $400, and then will have to bet through that $400 to be able to withdraw it. While this deposit match promotion has a few hoops to jump through, it is on par with other premier sportsbooks and a great way to grow your balance.
|Bonus Offer:||100% Deposit Bonus, Up to $1,000|
|Offer Dates:||Valid October 1st through October 31st|
|Terms:||New CO players only. Must be 21+.|
MaximBet Sportsbook is one of the newest arrivals on the scene. Stemming from a strategic partnership with the Carousel Group, MaximBet will combine Maxim’s solidified lifestyle brand with Carousel’s online betting experience to build a new face in the gambling industry. MaximBet is essentially replacing Carousel's previous sportsbook offering which was SportsBetting.com.
The Carousel Group, established in 2017, has prioritized creating a sportsbook that facilitates long-lasting relationships with its customers, promoting both responsible and enjoyable gaming experiences. Maxim’s loyal community of “modern men” balances out this partnership and should help Carousel reach a deeper client base. Their extensive rewards program is doing just that, building a relationship with its users so that every wager placed is recognized and rewarded.
MaximBet is currently only available in Colorado but has expressed serious interest in quick expansion to follow suit with the growing legalization of sports betting in states all throughout the US. Carousel entered the US gaming market in late 2020 and has already secured market access deals in New Jersey, Indiana, Iowa, and Colorado, and are awaiting final approval to launch in Arizona.
MaximBet joins SI Sportsbook as a rebranded sportsbook looking to make a splash in the Colorado market. Based on early feedback, users seem to love the app, which echoes our first impressions.
MaximBet offers bettors odds from every major professional and collegiate sports league and has live betting available for most major betting events. With MaximBet, users can wager on the following sports:
When it comes to the wagers themselves, MaximBet is competitive and offers just about all the bet types one could possibly want: moneylines, parlays, round robins, live betting, props, futures, point spreads, and point totals.
Cashier services are where MaximBet currently drops the ball slightly and does not offer as many choices as some of the more established sportsbooks. As of now, with the expectation that more banking options are on the way, users can use Mazooma ACH, Skrill, or Credit/Debit card (Visa and Mastercard) to deposit and withdraw funds. Per usual, each withdrawal method will have different timelines, some taking up to a few days.
While we have seen relatively new sportsbooks, like Tipico, expand into new markets, MaximBet is the most recent sportsbook to launch in the US. With this in mind, players want to know more about the company, the house rules, and how the app works prior to making an initial deposit.
This depends on the state. Currently, in Colorado, users who want to bet with MaximBet will have to be 21 years or older. If MaximBet goes live in any state where the minimum betting age is 18 years or older, then users will have to be 18+ to make an account. Bettors will need to provide their full legal name, date of birth, home and email address, phone number, and SSN to verify their identity.
Anybody who meets the age requirement and is located within a state where MaximBet is legal can play. For now, that means 21+ and Colorado. You do not need to be a resident to bet. You only have to be located within the state’s boundaries. MaximBet uses precise geolocating services that pinpoints your exact location and ensures that you are within the permitted area.
Legal sports betting is on the rise in the US, so there is plenty of room for MaximBet to expand into. They have not indicated any exact dates or plans, but will most likely look to build their sportsbook in other states after solidifying their stance in Colorado.
Yes, while MaximBet is available through the browser of your choice, you can also find their sports betting app on iOS, with an Android app on the way soon.
It is always tough to assign a rating to new sportsbooks. We have very little user feedback to incorporate into this rating. That being said, what we do know is that the MaximBet app is extremely well executed. They leaned heavily on SportsBetting.com's intuitive design, and have built a sports betting product that is really user-friendly.
In terms of the current welcome bonus, we have found that users prefer odds-boost offers to the current MaximBet deposit bonus promotion. While the company does deserve kudos for rolling out one of the industry's top deposit bonus offers, we would have preferred to see an offer similar to the current TwinSpires promotion with includes a $250 payout on any $10 wager.
|Details||MaximBet clearly built its website and app to make a splash in the rapidly-growing US sports betting market, and we think it will ultimately be a success. We love the variety of betting options, sports, live betting, and just how easy the sportsbook is to use. While the current bonus offer caps at a generous $1,000, an additional odds-boost promotion would have been much more successful at attracting new Colorado bettors to the app.|
|Rating||4.6 (out of 5)|