BetMGM Colorado Review

The people of Colorado have no idea how lucky they are to be one of the few states that have legalized sports betting. On the other hand, they voted in support of Proposition DD, which made sports gambling legal in the first place, so they deserve a lot of credit for making it happen.

In any event, not only do residents and visitors of the Centennial State have the freedom to bet on sports, but they also have a wide range of options when it comes to sportsbooks. BetMGM Sportsbook is one such option that Colorado sports fans and prospective bettors should consider.

BetMGM operates under the umbrella of MGM Resorts International, which is one of the most respected firms in the hospitality industry. MGM owns and operates a host of resorts and casinos, which makes having a sportsbook a natural move.

BetMGM is run in conjunction with UK-based gambling firm GVC Holdings, which has a 50/50 partnership with MGM for the sportsbook. BetMGM is also connected to Yahoo Sports through a partnership between MGM and Yahoo.

In other words, MGM is serious about its sportsbook on the BetMGM website.

Bonus offers for Colorado players

New BetMGM users can get a bonus of up to $600 on their first deposit.

Simply sign up for your account and make your first deposit using our exclusive bonus code PLAYBONUS and BetMGM will match that first deposit dollar-for-dollar with bonus funds.

Ongoing promotions

The BetMGM website has a promotions link at the top of the page, which takes users to a list of ongoing promotions for the BetMGM sportsbook. There is also a link and advertisement banners in the BetMGM main lobby for special odds boosts that give players a chance to earn higher returns on specific games, prop bets or parlays.

One of BetMGM’s current promotions for its sportsbook involves a daily trivia game. The game is free to play and involves answering 10 sports and pop culture questions in 10 seconds or less per question.

Users can do this once a day, and if they get all 10 answers right, they win a share of the $500 daily prize. Also, every correct answer is added to the user’s total on the weekly leaderboard, which offers $2,000 in other prizes at the end of every week.

Another promotion at BetMGM is the Money Monday Club. If you sign up for the promotion and place $50 worth of qualifying bets in a week, you’ll receive $10 in betting credits the next Monday.

The BetMGM Sportsbook also offers a wide range of ongoing promotions depending on what sports are in season. For example, during the NFL season, BetMGM offers overtime insurance, giving up to $25 in credits to players who lose their bet on an NFL game that went to overtime.

This promotion and others like it are easy to find on the BetMGM website, making it easy for users to participate in ongoing promotions and special odds boosts.

Promo codes

For a simple and easy way to check out the bonus offers and promotions offered by BetMGM, check out the promo codes below:

Online SportsbookBetMGM Sportsbook CO
Promo CodePLAYBONUS
Free Bet BonusN/A
Deposit Bonus100% Up To $600
Last UpdatedApril 2021

Sign-up instructions

For Colorado residents, signing up for BetMGM should be a simple process. Like most online sportsbooks, BetMGM utilizes geolocation technology to make sure you are actually in a state like Colorado that offers legal sports betting.

People outside of those states have access to the site and can view games. However, unless you’re physically within the state’s borders, you won’t be able to place a bet. This means visitors to Colorado are eligible to make bets even if they’re not residents of the Centennial State.

After clicking the “Register” link at the top of the BetMGM Sportsbook page, you’ll enter basic contact information, including name, address, date of birth, email address and mobile phone number. You will also choose a user ID and password.

You will also have to enter the last four digits of your Social Security number to help confirm your identity. BetMGM will also ask you to provide answers to a few security questions, which is standard with most online sportsbooks.

Once you have signed up, you’ll be able to make a deposit into your account, make a bet and claim your sign-up bonus if you end up losing your first bet. BetMGM gives users several methods for depositing money into an account and getting started.

Credit card transactions and bank transfers are two of the most common methods of adding money to your BetMGM account. However, PayPal, Skrill, Play+, PayNearMe and e-checks are also available.

Naturally, there are fewer options for withdrawing funds from your BetMGM account. PayPal, Skrill and e-checks are usually the easiest options and typically take less than 48 hours to process. If those aren’t options, BetMGM can also send a check in the mail, although that can take up to 10 business days.

Sportsbook features

As you’d expect from a company that’s familiar with the casino and gambling industry, the BetMGM Sportsbook has a wide range of betting options and features available to its online users.

Point spread

Bookmakers like BetMGM like to assign point spreads to games in most sports. This requires the favorite to win by a certain number of points to win against the spread. This tends to even out the amount of betting on both sides, as bettors can put money on the underdog and win if that team loses but keeps the final score closer than the point spread.

Moneyline

This is the easiest type of bet to make for novice bettors. It involves picking the straight-up winner of a specific game without taking the point spread into account.

The catch is that the specific moneyline for each team determines the payout for the game. This means betting on heavy favorites will lead to a smaller payout while players can win big if they guess right on an upset.

Totals

Betting on the total means not choosing a winner or loser but rather the number of points scored in a game. Bettors choose either over or under for the total number of points set by the bookmaker.

Prop bets

Prop bets accompany most sporting events. They are popular at major events like the Super Bowl but are usually available for all games. Prop bets tend to vary from one sport to another but can include the results of a particular half or be based around the performance of an individual player.

Futures

Futures betting allows bettors to make long-term wagers on what teams will win a championship, including the winner of the next Super Bowl or World Series. BetMGM also takes wagers on the winners of divisions or conferences, as well as individual awards like MVP and Rookie of the Year, depending on the sport.

Parlays

Betting on a parlay is usually for more experienced gamblers. It involves betting on multiple games that are tied together. That means if you bet correctly on every game in a parlay, the payout will be larger than if you bet on each one individually. However, if you lose just one of the bets, the entire parlay is a failure.

Live betting

The BetMGM Sportsbook allows users to participate in live betting, which involves making wagers on a game after it started. This is no different from betting before a game except the point spread and odds are subject to change based on the action thus far. This has become one of the most popular features at the BetMGM Sportsbook and can take place throughout virtually the entire game.

Early cash out

BetMGM also offers users the opportunity to cash out on their bet before a game ends. Not every sportsbook offers this feature, but BetMGM is one that does.

Essentially, you can forfeit your bet before it’s over to reduce the amount you lose or ensure yourself of a win. For example, you could be winning a bet you made against the spread, but if you don’t trust a team to keep covering the spread, you can cash out early but earn a smaller profit than you would if your bet won at the conclusion of the game.

Customer service

The “Help & Contact” link on the BetMGM Sportsbook page is located conveniently at the top of the screen. Immediately after clicking this link, you have to immediately choose a category for your question or concern. The options include promotions, geolocation, withdrawal, sports rules, unable to play and responsible gaming.

Choosing one takes you to an FAQ on that particular subject. Once you choose a question, you are then asked if you need additional help. If you choose yes, you are finally taken to a page that allows you to choose a live chat, email or visit the help pages for your next action.

This is a rather roundabout way of seeking customer service on the BetMGM website, especially since there is no contact information at the bottom of the page. However, the bottom of the page does have a link to sports house rules and a sports betting guide, both of which can be good sources of information for novice bettors. There is also a responsible gambling link at the top of the page.

Mobile app

A mobile app for the BetMGM Sportsbook is available for Android and iPhone devices. Users of both brands can easily download the app at the BetMGM website.

The app has the same look and functionality as the full website, just on a smaller scale. Some users have had mild complaints about the speed of the app, both with Wi-Fi and cell coverage, although the app freezing or crashing is rarely an issue.

Overall, the BetMGM Sportsbook app is simple but effective and a suitable replacement or alternative to placing bets on the full website.

Sports markets available

There is no shortage of sports available with the BetMGM Sportsbook. The featured games and betting options appear at the top of the screen.

These will change if you click on a particular sport and will have a special logo if they are marked for a “Price Boost.” For individual sports, it’s also easy to toggle between different leagues and search for games based on their date.

At the top of the screen and on the left side of the screen, BetMGM lists the most popular sports. However, it’s also easy to find a button for “A-Z Sports,” which allows you to locate every sport available.

All of the major sports are available, including baseball, basketball, football, soccer and hockey. The BetMGM Sportsbook also takes wagers on Aussie rules football, boxing, cricket, cycling, darts, golf, MMA, motorsports, NASCAR, rugby union, rugby league, tennis and table tennis.