Disclaimer: PointsBet is not yet live in Colorado. We will update this page once the site launches.
PointsBet stands out from the crowd with its signature product, the Points Bet. This type of betting is a unique creation that creates the potential for huge wins (and losses) on spread bets.
The novelty of the bet type might inspire thoughts that PointsBet is a one-trick pony. However, visitors to PointsBet Colorado can find a terrific sportsbook that is solid from top to bottom. Even if you don’t intend to engage in points betting, you can find any other type of common sports bet.
PointsBet Sportsbook also offers a wide array of bonuses and boosts, which you can access directly on site or through the betting app. The sports betting app is available for both iPhone and Android.
This page is meant to be your one-stop shop for information about PointsBet including the details about bonus offers there. Make sure that you bookmark this page if you’re planning to give PointsBet a try.
New PointsBet bettors get two impressive welcome bonuses: One for standard betting and the other for PointsBetting. To start, use this link to visit PointsBet and create your new account. You’ll need to use the bonus code TBA to receive the $500 risk free bet offer.
How does the bet work?
Place your first fixed-odds bet, and you’ll receive a refund of up to $500 if your first bet loses. The same applies to your first Points Betting wager. Enjoy a refund, up to $500, if it loses.
These risk-free bets offer a great way to kickstart your account. If those initial bets win, your account is off to a flying start. If they lose, you’ll have a second chance with the free bets. These refunds will be processed as bonus bets within 24 hours of bet settlement.
|Online Sportsbook||PointsBet Sportsbook Colorado|
|Free Bet Offer||TBD|
|Additional Bonus Offers||TBD|
|Last Updated||August 2020|
In addition to the welcome offer, PointsBet does a solid job of keeping bettors happy with regular promotions.
Here is a sampling of promos that change, depending on which sports are in season:
In addition to these promotions, there is also a loyalty scheme: PointsBet Rewards.
Every time you place a bet, you’ll earn points that can then be converted into cash. You’ll gain one point for every $5 you wager on a fixed-odds bet, for every $1 you wager on a parlay and for every dollar you win or lose when PointsBetting.
At PointsBet, two classes of wagers are available.
The first is the standard form, where you can place popular wagers such as point spreads, moneylines, futures or prop bets. These wagers work in the same way as they would at any other sportsbook.
However, the other, PointsBetting option, is much different from what you would expect normally.
This format involves winning or losing more money based on how far your prediction was from the spread or totals score. Unlike a fixed-odds totals bet, each point over or under becomes a multiplier of the original stake.
For example, if you took the over on 24 and the match ended with 31 points, you’d win 7x your bet. If that same match only resulted in 21 points, you’d lose 3x your stake.
As you can see, this amplifies your returns (both ways) compared with taking the -110 lines on under or over bets offered at most sportsbooks.
Absolutely. PointsBet is legal and licensed to operate in Colorado. It received a temporary internet sports betting operator license in early 2020.
PointsBet’s license requires the sportsbook to have a land-based partner inside the state, too. So, PointsBet is now working proudly alongside the Double Eagle Casino in Cripple Creek.
To place a bet in Colorado, you must be at least 21 or older and be inside CO state lines. Those attempting to bet on a CO sportsbook outside of the state will be denied because of geolocation technology. The software is hugely accurate today, so there’s no workaround.
There is no reason to worry about the legality of using PointsBet. Bet away!
The PointsBet site has a striking black, red and white color scheme that implies action from the start. The site has an overall modern look and does not feel cluttered. Only the leading markets are on the main page, with menus navigating to the others.
By default, you’ll just see the fixed-odds bets on the main page, with the spreads, moneylines and totals on display. All additional bets are displayed when you click on an event.
You will now see the “PointsBetting” menu alongside the fixed-odds markets (the further “Teasers” menu is where you’ll pick your bets). If you’re betting under in the points betting market, the number is framed in red, while, if betting over, it will be framed in blue.
To the right of the betting markets, you’ll find the “Up Next” area, showing all of the upcoming events, with a focus on the major leagues (niche betting markets won’t appear here).
As well as on the main site, the PointsBet Sportsbook app is available for both Apple and Android mobile devices. Use the links on the PointsBet site to download the Android or iPhone app.
A full explanation of all the bet types is available at “The Revis Betting Academy” on the PointsBet website.
Here is a rundown of all the available fixed-odds bets:
One area where PointsBet specializes is prop betting. These are bets that happen within a game, as opposed to bets on the whole event. Many sites offer a range of prop bets, but there are not many that go as far as PointsBet.
Here are some example prop bets that it offers:
Clicking the menu at the top left of the site will reveal a list of sports. The first four on the list are football, basketball, hockey and baseball.
PointsBet focuses on the major sports leagues and the best of college action. You can expect an extensive range of betting markets on every game, with many of those additional props in the mix.
Major sports coverage expands when the playoffs come to town, while futures markets include winners of the Super Bowl, the NBA Championship, the Stanley Cup and the World Series. You can expect to bet on conference winners and divisional races in each of these sports, too.
Among these sports is where you’ll find the broadest range of PointsBetting markets.
Aside from major pro leagues, soccer is the most popular sport at PointsBet in Colorado. All of the big European leagues are available, as well as Major League Soccer. Also, you can expect a betting frenzy when tournaments, like the World Cup, come around.
The coverage of tennis and golf is extensive, featuring the major tours as well as coverage of the four Majors. The motorsports section contains betting on NASCAR and Formula 1. Also, you can enjoy wagering on the world’s biggest bouts in boxing and MMA.
There’s also a range of niche sports at PointsBet, including cricket, rugby, darts and cycling.
PointsBet is fully regulated and legal in Colorado and, therefore, can offer a comprehensive range of banking options.
Deposit options include:
With PointsBet having a physical location at the Double Eagle Hotel & Casino, you can perform deposits and withdrawals at the casino’s cage.
If you have a question about anything regarding your PointsBet account, your first stop should be the “Help” section.
It covers your account, betting, rules and regulations. If you can’t resolve your query here, you can contact the customer service team in a couple of ways:
PointsBet in Colorado provides a series of options to encourage responsible gaming and help in case gambling gets out of hand.
As well as guidelines and links to organizations that can help, there are also practical measures in place, such as deposit and time limits.
In extreme cases, self-exclusion is an option, as well as account closure.
PointsBet stands out in the Colorado sports betting market, not only because of its PointsBetting feature. Other significant differences include additional prop bets and ways to adjust the spreads and totals before you bet.
New bettors get two risk-free first bets.
The first is a standard bet, and the other is a PointsBet. Each deal is worth up to $500.
For a fresh approach to sports betting in Colorado, PointsBet is well worth checking out.