BetMGM Sportsbook Bonus Code for $150

BetMGM Colorado sign-up bonus – $150 in Bonus Bets

Sign up with BetMGM Sportsbook Colorado using the bonus code PLAYCO to claim your “Bet $10, Get $150 in Bonus Bets if You Win” welcome bonus.

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BetMGM Colorado welcome bonus – the fine print!

Here’s a quick rundown of how the BetMGM welcome bonus works in Colorado.

• Open a new account using the BetMGM Sportsbook bonus code PLAYCO.
• Deposit $10+.
• Bet $10+ on whatever you want.
• Get $150 in bonus bets if that qualifying wager wins.
• Use your bonus bets within seven days, otherwise they will expire. One new customer offer only. Additional terms apply.

And that is all there is to know about the BetMGM bonus code sign-up offer.

How to sign up with BetMGM Sportsbook in Colorado

It’s easy to open an account with BetMGM Sportsbook Colorado. Just remember to use the BetMGM Colorado bonus code PLAYCO to claim your $150 welcome bonus. Along with using the BetMGM bonus code, you’ll need to enter your:

• Full name
• Date of birthday (must be at least 21 years of age)
• Phone number
• Address
• Email address
• Last four numbers of your Social Security number

All that’s left to do is make your first deposit and place your first $10 bet. And remember, by using the BetMGM Colorado bonus code PLAYCO, you’ll get a first bet bonus worth $150 if that bet wins.

Bet types available at BetMGM in Colorado

You will find all of the standard bet types at BetMGM, including innovative options like live betting.

Let’s take a look at the main types of wagers at the Colorado BetMGM Sportsbook:  

• Straight Bets: These are the most popular sports bets, including point spreads, moneylines and totals. These are single match bets you will see for every game. 
• Parlays: A bet with two or more wagers on a single ticket is considered a parlay. This high-risk, high-reward wager requires all your selections to win to pay out. 
• Round Robin: If you like parlays, but want more of a chance of winning, a round robin may be the way to go. An example would be a round robin with four selections. This could see you with a four-team parlay, and four three-team parlays (each of the three-team parlays will see one selection left out).
• Futures: These are long-play bets, such as betting on the winner of the Super Bowl before the NFL season’s start or the winner of the Masters golf tournament at the beginning of the year. 
• Prop Bets: These are bets within a game. For example, you could place a wager on the second quarter of an NFL game to be the highest-scoring quarter, or the Denver Nuggets to be the first to score 20 points in an NBA matchup.
• Cash Out: On some of your wagers, you can cash out. This feature allows you to accept the settlement of the bet before the event ends. The cash-out amount will depend on the current odds. For example, you might have placed a moneyline bet on an underdog in the NBA, and your selection is leading by 12 points at halftime. The odds will have moved sizably in your favor, and you’ll be able to lock in a profit. Conversely, you can cash out to cut your losses on an event.
• Edit My Bet: This innovative option allows you to edit your wager where the cash-out option is in place. Perhaps you’ve placed a five-selection parlay, and you’ve suddenly changed your mind about the last selection. Now BetMGM provides an opportunity for you to change your mind.
• Live Betting: Live betting is an entertaining option if you’re at the game or watching it with friends. It allows you to view the action before you decide to bet. At BetMGM, you’ll find the “Live” link at the top of the page. It delivers a selection of betting markets that correspond with the ongoing events. In live betting, the odds will fluctuate as the action happens; live feeds provide the latest odds in real-time.

Sports betting options at BetMGM in Colorado

There’s an impressive variety of sports at BetMGM. Here is a rundown of the sports that are available for wagering:

• Football: You’ll find detailed betting coverage of the NFL and college football, with many prop bets, alternative spreads and totals available. Find more betting options as the season moves into the playoffs, especially around the Super Bowl. 
• Basketball: A full range of bets are available on all NBA games. Games feature ranked college hoops teams, with additional props as the postseason hits and March Madness takes over the sporting world in the spring.
• Baseball: Every game in the regular season is available, with run-line, moneyline, totals wagers and more. Further props come about when the playoffs and the World Series come around.
• Hockey: BetMGM offer wagers on every single game during the NHL regular season, as well as international hockey games. The most significant betting action is on the Stanley Cup Finals.
• Soccer: Look out for a wide range of soccer betting, encompassing MLS, the best of the big European leagues, including the English Premier League, La Liga and Serie A. Major international competitions, such as the World Cup, are covered extensively.
• Golf: BetMGM features extensive betting on the most significant golf events, including the PGA Tour and the European Tour. Futures wagers are available on all four majors.
• Tennis: Tennis is the sport of choice for live betting for many, with events going on around the clock globally. BetMGM features all of the action from the ATP and WTA tours, as well as extended betting on the four Grand Slam events.
• Motorsports: Bet on the best of the action in both NASCAR and Formula 1, with both race markets and futures available.
• Boxing and MMA: You can bet on the biggest bouts around the world with a variety of prop bets on the headline contests.

Other niche offerings at BetMGM in Colorado include rugby union, rugby league, cricket and a range of international sports.

BetMGM Sportsbook design

In terms of design, BetMGM offers one of the more modern sportsbooks. 

The dark gray, bronze and white color scheme gives the site a sense of style. The rolling ads feature the best betting options and deliver a slick, professional feel.

Across the top, you’ll see a series of icons for each of the individual sports, as well as links to promotions, odds boosts and account management. 

The site features the conventional three-column design. There are menus in the left-hand column, the betting markets in the larger middle space and the bet slip is on the right-hand side.

Live streaming on selected events

BetMGM’s live streaming option is sure to catch your eye. 

You won’t necessarily find the major league action here, though any live-action with accompanying live betting is always welcome. 

You can also click on the “Calendar” to see what betting markets are available that day.

BetMGM offers sports betting apps for both mobile operating systems. 

Apple users must visit the Apple App Store to download the BetMGM Colorado iOS app, while Android users will have to download the BetMGM Colorado app directly from the site. The Google Play Store doesn’t allow gambling apps.

Is BetMGM legal in Colorado?

Yes, BetMGM is perfectly legal in Colorado. The Colorado Division of Gaming, which is in charge of sports betting in the state, vetted and then awarded BetMGM a sports wagering license in the state. Furthermore, BetMGM is legal in at least 13 other states and Washington, DC. So, rest assured, when you’re betting with BetMGM you’re doing so with a legit and trustworthy sportsbook.

There are a few things you should know when it comes to sports betting in the Centennial State:

• You must be at least 21 years of age to register with an online sportsbook and place bets. When you sign up, BetMGM will use the info you submit to confirm your identity and verify your age. If you are under 21, you will not be permitted to open an account.
• You also are required to be in Colorado when placing bets. BetMGM Sportsbook uses geolocation tracking software to monitor your whereabouts when signed into both its website and mobile apps. If you are found to be outside Colorado or are utilizing a VPN to mask your location, you will not be allowed to place any bets.
• Lastly, betting on in-state college teams like the Colorado Buffaloes, Air Force Falcons and Colorado State Rams is perfectly legal. Making prop bets on individual college players is prohibited though.

Deposit options at BetMGM in Colorado

Here are the available deposit options at BetMGM:

• Debit or Credit Card: Make an instant deposit using your Visa or Mastercard.
• VIP Preferred ACH (e-check): Transfer funds directly from your bank. Get verified to speed up your transfers.
• PayPal: Deposit directly to BetMGM using PayPal or your PayPal+ account.
• PayNearMe: You can deposit at your local 7-Eleven. This is an ideal method if you want to fund your account with cash.
• Bank Transfer: Use online bill pay to deposit funds to your BetMGM account.
• Play+ Card: BetMGM offers a branded prepaid card, which you can order through the cashier section of the site. You can then fund this card using a debit or credit card or bank transfer before depositing. This option allows you to keep your gambling funds separate from your bank.

Customer service options at BetMGM in Colorado

The “Help and Contact” link at the top of the page will take you to the FAQ section. 

You’ll start here by clicking on the appropriate subject area. Some examples include “Account Access,” “Sports Rules” and “Promotions and Bonuses.”

Clicking on any of these links will bring up the FAQ within that section.

If you have a question that isn’t answered in this section, you can email the site or call the dedicated toll-free number.

BetMGM and responsible gaming

The responsible gaming page at BetMGM opens with the following statement:

‘At MGM, we believe that online gaming “when done in the spirit of fun” can offer an unsurpassed level of excitement. However, when in those instances, a person exhibits problem-gambling behavior, we believe it is our responsibility to offer information and assistance.’

The operator offers this information and assistance in the following ways:

• Lists all the warning signs that indicate gambling may not be fun.
• Includes links to problem gambling organizations that players can contact.
• Offers the ability to set daily, weekly or monthly limits on deposits and wagers.
• It provides the opportunity to self-exclude from the site.

Wrapping up: How does BetMGM compare to other Colorado sportsbooks

Here’s a look at how BetMGM Sportsbook’s welcome bonus compares to two of the biggest online sportsbooks in the state. 

• BetMGM vs. FanDuel: The BetMGM sign-up offer maxes out at $150, while the FanDuel offer is worth up to $200.
• BetMGM vs. DraftKings: The DraftKings welcome bonus is worth a maximum of $1,000, compared to the maximum value of the BetMGM bonus of $150.