Betway Colorado Sportsbook – $500 Sign-up Bonus

Betway Sportsbook launched in Colorado in April 2021, but its welcome bonus for new users is still up and running. New users who sign up with Betway Colorado will receive a risk-free bet for as much as $500. After creating your Betway Sportsbook account simply make a bet of at least $10 with minimum odds of -330 (so -350 would not qualify, but -300 would). If that initial bet loses, Betway Colorado will refund your losses for up to $500 in the form of Betway site credit.

Rank
Sportsbook
No Deposit Bonus
Features
Play
1
Up to $1,050 FREE
New User Bonus. T&Cs Apply.
DraftKings Promo: Bet $5 Win $150
PLUS $50 Free On Deposit
PLUS Up to $1,000 Deposit Bonus
To Claim: Click Play Now
2
Up to $1,250
On Caesars
Up to $1,250 On Caesars
+ get 1,000 Caesars Reward Credits
+ also get 1,000 Tier Credits
Redeem for free bets, hotel stays, & more! 
Use Promo Code: LEGALFULL
5
Bet $50
Get $250
New User Special
Bet $50 Get $250
Daily Odds Boosts
Use Promo Code: BETBONUS
6
$1,000
No Sweat First Bet
Up to $1,000 No Sweat First Bet
Available on Desktop, Android & iOS  
To Claim: Click Play Now

During this Betway Sportsbook Colorado review, we’ll walk you through how that welcome bonus works. Additionally, you’ll learn how to sign up, make deposits and of course how to place bets. Once you’re done you’ll be able to place spread bets on the Denver Broncos, over/unders on the Colorado Rockies, moneyline bets on the Denver Nuggets and even wager on the Colorado Avalanche to win the Stanley Cup.

With so many online sportsbooks to choose from in Colorado, it pays to know which one is right for you and that’s where we come in to help. So let’s get right to it.

Betway Colorado welcome bonus

Betway Colorado welcomes new signups with a risk-free bet sign-up bonus. All you have to do is sign up with Betway Sportsbook Colorado, make a deposit and then your first bet will be risk-free for up to $500. If that initial wager loses, you’ll be refunded by Betway with site credit. Here are a few terms and conditions you should know about this welcome bonus.

  • To qualify for the offer your best must have odds of -330 or longer. If you’re newer to sports betting, that means odds of -400 would not qualify, while a bet with -200 odds would. All wagers with “+” will qualify.
  • Your bet must settle within seven days of when you open your Betway Sportsbook account.
  • If your bet loses you do not get your money back. Rather, you receive Betway site credit up to $500.
  • The credits must be used in seven days.
  • Lastly, you only receive the winnings from wagers placed with site credit, not the value of the free bet too.

All things considered, the Betway Sportsbook Colorado welcome bonus is decent, but not outstanding. You’ll find other quality offers from competitors like FanDuel, PointsBet and BetMGM.

Regular promotions at Betway CO

In addition to a welcome bonus for new players, Betway provides a handful of regular promotions for existing players in Colorado.

One of our favorites is its NHL parlay booster. Simply create an NHL parlay with at least three legs and in which each bet you place has odds of -500 or longer and you’re all set. Then, depending on the number of legs in your parlay, you’ll see your winnings boosted anywhere from 5-15%.

Be sure to check the Betway promotions page to see all the current offers that are available.

Is Betway legal in Colorado?

Yes, Betway Sportsbook receive a sports betting license from the Colorado Limited Gaming Control Commission and came online in April 2021 in the Centennial State.

The US Supreme Court lifted the federal ban on sports betting in May 2018, allowing states to launch legal sports betting.

In 2019, Colorado put together sports betting legislation, and voters approved it through a referendum in November. The first online and mobile sportsbooks were approved for launch on May 1, 2020.

To make a legal bet with Betway, you must be 21 or older and inside state lines at the time. You must also register for an account with the site.

There’s no need to be a Colorado resident, but you do need to be here when you bet, and Betway will make sure you are using geolocation technology.

Betway will also verify your age using the last few digits of your Social Security number.

Types of bets available at Betway Colorado

The Betway Sportsbook platform is set up to allow single-game wagering.

That means basic bet types for a huge variety of sports. These bet types include:

In-play betting

Betway Sportsbook also offers live betting. This is referred to as in-play betting on Betway. It allows you to bet on live sporting events in the middle of the action.

The odds and different live, in-play betting markets are adjusted throughout events. In-play betting is available for most major sporting events and esports at Betway.

Sports offered at Betway Colorado

Betway takes bets on the following sports:

Betway Sportsbook app

Betway Sportsbook is available all across Colorado wherever you can access the internet.

All betting and account maintenance functions can be performed using a computer and the Betway website or its mobile sports betting app.

The Betway app is available for download on all iOS and Android mobile devices.

While Android users will need to download the app from the Betway website, iOS users will find it in the Apple App Store.

The Betway mobile betting app runs on Microgaming software.

Functionality is the same with the app and on the website using most popular internet browsers, thereby making mobile sports betting a quick and easy option with Betway.

Banking at Betway in Colorado

Before you can start making bets, you’ll need to fund your Betway Sportsbook account first.

Betway plans to make this an easy process by offering you a variety of banking options.

This should include:

  • ACH/e-check
  • Credit card: Mastercard, Visa or American Express
  • Online banking transfer
  • PayNearMe
  • PayPal
  • Prepaid cards
  • Retail casino cashier
  • Skrill

Withdrawals

You should be able to withdraw funds from Betway using the same banking method you used to deposit.

If it’s not available for whatever reason, Betway will offer you other options, or send you a check in the mail.

Customer service at Betway Sportsbook

The Betway website offers a “Help and Support” section with answers to many frequently asked questions.

Customer support is also available via live chat, video library and an FAQ section.

Responsible gaming at Betway in Colorado

The Betway website features a responsible gaming section outlining the company’s responsible gaming policy and providing information and links for problem gambling support services and organizations.

The stated responsible gaming policy is that Betway is committed to providing an enjoyable gaming experience while recognizing gambling is a problem for some. To ensure this, the company fully supports responsible gaming and has several measures in place to offer checks.

These measures include deposit limits and a self-exclusion list.

Wrapping up: Betway in Colorado

Betway is quickly becoming an up-and-coming player in the online sports betting landscape in the US. On top of launching in Colorado, Betway Sportsbook also has come online in New JerseyPennsylvaniaIowa and Indiana.

While Betway might not have as much to offer at DraftKings Sportsbook, it still is a quality online sportsbook that deserves your attention.