BetMGM Colorado

BetMGM are one of the biggest brick-and-mortar gambling companies in the United States. They decided to expand the business line by adding an online footprint to it and jumping onto several American states that have legalized sports betting as a consequence of the 2018 PASPA repeal.

BetMGM Colorado entered the Centennial State market on its premiere day of the industry, May 1st, 2020. They have done so by teaming up with the Midnight Rose Hotel & Casino in Cripple Creek. The Coloradans have thus received a new and impressive sports betting hub offering numerous opportunities to the sports aficionados across the state. We’ve tested the operator’s PC and mobile versions to see where they stand when compared to some of the biggest guns in the niche.

BetMGM Colorado Welcome Bonus

BetMGM Colorado will wish a warm welcome to anyone who decides to join their party train. All new registrants are eligible to opt-in for the following welcome promotion:

  • Up to $500 Risk-Free Bet

A free bet is a great tool used by most online sportsbooks in the United States. It helps the newcomers in getting off to a strong start by completely reducing the risk on their inaugural bet. You can bet anywhere between $10 and $500 (you can, of course, bet more, but everything above $500 will be at risk). If the bet proves out to be a winner, you already have a boosted bankroll to move on. If it falls, you will receive a refund equal to your stake, $500 at most.

Wagering Requirements

A free bet does not come in together with specific wagering criteria like the first deposit bonus does for example. It’s pretty much all straightforward with free bets. You will receive them within 48 hours (usually right away) from the settlement of your qualifying (your first) bet. You will then have seven days to take advantage of them by placing wagers on any market you wish. All winnings are yours to keep. Note that the free bet amount will not be included in winnings.

The situation is quite specific to BetMGM Colorado. They will release free bets in denominations of 20% of the total number of free bet credits you are due to receive if your original bet is $50 or greater. Here are two easy examples:

*Example No 1

  • You deposit $400 and place a $400 bet
  • Your bet lets you down
  • You are due to get a $400 bet in free bets
  • You will receive four distinct $100 free bets

*Example No 2

  • You deposit $30 and place a $30 bet
  • Your bet loses
  • You will receive $30 back as a free bet
  • There won’t be any increments as you will just get one $30 bet because your original bet was lower than $50

Promo Codes

BetMGM Colorado do not require any promo code to be used for the welcome package to be activated.

How to Get BetMGM Colorado Bonus

Time needed: 3 minutes.

To get the BetMGM Colorado welcome offer, you just need to follow these easy steps:

  1. Visit the BetMGM Colorado website or download the BetMGM CO mobile app

  2. Register a new account there

  3. Make a Deposit

    Deposit (minimum $10, maximum $500 for the maximum impact)

  4. Start to Wager

    – Place your first bet  (minimum $10) on any market you’d like
    – If it wins, you have boosted your bankroll without any risk involved and the welcome promotion will not be activated
    – If it loses, you will receive a refund, equal to the amount of your stake (up to $500)
    – You will have seven days to use the free bet
    – Place it on any market you’d like
    – Winnings (not the free bet amount) are all yours to keep
    – You can cash them out or keep playing with them

How to Place a Bet at BetMGM Colorado

Although the BetMGM Colorado online website (app) may seem packed at first sight, it is very easy to get used to the layout and navigate a user-friendly homepage. The whole process from signing up to placing a bet is very simple and should not take more than a couple of minutes of your time.

  • If you want to use the BetMGM Colorado sportsbook on a PC desktop, just visit this site – sports.co.betmgm.com
  • If you want to place bets through your mobile phone, download the BetMGM Colorado sportsbook app
  • If you have an iOS-powered device, just head over to the App Store and download the app for free
  • If you are an Android user, visit the BetMGM Colorado website from your mobile browser and download the app from there (Google do not allow betting apps in their Play Store)
  • Sign up for a new account with BetMGM Colorado either through the website or through the app
  • The “Register” button can be found at the top-right corner of the homepage
  • Provide your personal information involving: full name, date of birth, physical address, e-mail address, mobile phone, and the last four digits of your Social Security Number
  • Deposit once you have registered an account
  • Place a bet by clicking the odds of the pick you want to make
  • It will instantly appear in the bet slip on the right of your screen
  • Set the stake and that’s about it

BetMGM Colorado Sports Betting Section

BetMGM Colorado take pride in offering a modern design very easy on the eye. The color scheme is appealing, dominated by bronze, dark-gray, and white variants, contributing to a sense of high-profile style. Besides the aesthetical epithets, the BetMGM Colorado sports betting section is very easy to navigate. It allows you to reach any department in just a single click.

The menu sitting across the top of the screen allows you to take care of the account management, check odds boosts & promotions, and see the list of all sports available for betting.

The most popular sports events available for wagering on each specific day are highlighted at the top-left corner. The list of all sports is also available just below. The center is reserved for in-play betting and the most exciting upcoming events. Finally, the bet slip, featuring a parlay generator, can be found on the right-hand side.

Variety of Odds

The Coloradans will by no means feel the shortage of wagering options at BetMGM Colorado. The operator offers odds for pretty much all significant (and less popular) sporting events in the world. The spectrum of betting markets you can choose between is as wide as it can be, and includes the following:

  • Straight Bets – Moneyline, spreads, totals
  • Quarters, Halves, Periods
  • Player and Team Props
  • Futures
  • Parlays
  • Round Robin

Much like other industry-giants, BetMGM Colorado offer “Cash Out” and “Edit My Bet” features. These options allow players to have more control over their picks by either locking in a profit or reducing a loss before an event ends.

The list of sports available for wagering is impressive and even involves the likes of alpine and cross country skiing, perfect for Colorado winter admirers. Here are the options you can bet on at BetMGM Colorado:

  • Alpine Skiing
  • Baseball
  • Basketball
  • Biathlon
  • Boxing
  • Cricket
  • Cross Country Skiing
  • Cycling
  • Darts
  • Football
  • Formula 1
  • Golf
  • Handball
  • Hockey
  • MMA
  • NASCAR
  • Pool
  • Rugby League
  • Rugby Union
  • Ski Jumping
  • Snooker
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball

There is also a category named “Special” where you can take advantage of exciting odds boosts on the most popular events (usually bound to NFL and NBA as the two most popular leagues). An example would be betting DK Metcalf to score the first touchdown of the Cardinals @ Seahawks game at +750 odds.

In terms of odds, we can say they are set pretty much at the niche-standard, meaning the spreads and totals are paid at or around -110.

Variety of Live Betting Odds

BetMGM Colorado have done a great job in securing a top-notch in-play betting experience as well. They cover an extremely wide range of events from all sports here. The array of betting markets is equally impressive. 

For example, you can place live wagers on matches of the fourth tier of Spanish soccer. Not only can you bet the simplest markets there, but you can go for “Match Result and Both Teams To Score”, the number of goals in a 15-minute period, exact team goals, etc. 

What we find particularly handy and what helps BetMGM Colorado stand out from the crowd is the option of selecting the exact markets you are interested in when browsing the live betting offer. You can thus set the screen to see only the odds for the second quarter winners on NFL gameweek for example.

Variety of Livestreaming

While you will not find the professional league action live-streamed at BetMGM Colorado, the operator does offer an option of betting while simultaneously watching live streams on the website or through the app. Just click on the “Calendar” icon to find the list of available live streaming events for the day. These will usually be low-profile tennis, hockey, and soccer events.

Variety of Promotions

BetMGM Colorado host a series of on-going promotions to complement their up to $500 welcome offer. These include:

  • Bet $50 In-Play on the NFL – Receive a $20 In-Play Free Bet
  • Win a Free Bet up to $100 every Week in a Free to Play First TD Predictor
  • Get a $10 Free Bet every Week though the Money Monday Club
  • Earn Tier Credits through the M Life Rewards
  • Get up to 40% more on Parlays

Banking Options for BetMGM Colorado

BetMGM Colorado support all of the standard payment methods, including bank transfers, debit/credit cards, e-wallets, and prepaid cards. The minimum deposit and withdrawal are $10, while it is interesting to mention that players can set their own maximum deposit limits for a day, a week, or a month. This is done in the sportsbook’s Responsible Gaming Limits department.

BetMGM Colorado Mobile and App

The BetMGM Colorado mobile app is available for both Android and iOS device owners. We did not face any issues while using it. The colored list of sports sits along the top row, while the main navigation menu can be found at the bottom of the screen. The functionality is at the highest possible level and we only hope the operator will hold such high standards in the future.

BetMGM Colorado Support

The customer support at BetMGM Colorado is available 24 hours a day, 7 days a week. You can get in touch with the operator’s agents through live chat and e-mail. The telephone support is also allegedly available, but it was not in function when we used the site. 

FAQ

Is BetMGM Colorado safe?

Yes. BetMGMColorado is 100% safe. Their firewall technology keeps personal information secure, while the latest encryption technology (secured by Verisign) secures your banking transactions.

Can everyone place sports bets at BetMGM Colorado?

No, BetMGM Colorado are only available to those who are at least 21 years of age and physically located within the state borders.

How much should I Deposit to take the maximum advantage of the BetMGM Colorado welcome bonus?

You should deposit $500 to make the most of the BetMGM Colorado welcome package.

What does the “Cash Out” option mean?

The “Cash Out” option allows you to withdraw the money event before the match ends. This way you can either cut your losses or lock in your winnings.

General Info

Website:www.sports.co.betmgm.com
Operating Since:1st May 2020
Available in States:Yes
Land-Based Partner:Midnight Rose Hotel & Casino
Software Providers:ROAR Digital

Banking Options

Payment MethodProcessing TimePayment TypeDeposit LimitsKey Fact
    Bank Account    Instant    Bank Transfer    $10 Min / $2k a DayNo CardInstant deposits from the bank
      Credit Card      Instant      Credit Card      $10 Min / $2k a DayFunds available immediatelyBank may charge additional fees
      Debit Card      Instant      Debit Card      $10 Min / $2k a DayFunds available immediatelyBank may charge additional fees
        Play+ Card        Instant        Prepaid Card        $10 Min / $2k a DayNo feesInstant DepositsFaster WithdrawalsFunded by Credit Cards
  PayPal  Instant  E-Wallet  $10 Min / $2k a DayEasy and Quick Deposits
  Casino Cage  Instant  Cash  $10 Min / No MaxDeposit Directly at the Casino
    Wire Transfer    5-7 Work Days    Bank Transfer  $10 Min / $2k a DayTransfer Funds from Bank to Sportsbook
      PayNearMe      Instant      Ticket      $10 Min / $2k a DayYou can purchase PayNearMe cards at any 7-11 store in the state
    ACH (e-Check)    Instant    E-Check    $10 Min / $2k a DayTransfer the money straight from your bank