PointsBet Colorado Sportsbook Review
PointsBet has emerged as a highly sought-after sports betting provider in the U.S. The company hails from Australia and boasts a visually appealing and highly interactive app. A unique aspect of PointsBet’s offering is PointsBetting, which infuses social elements into betting.
The launch of PointsBet Sportsbook in Colorado in November of 2020 was accompanied by a tie-up with Double Eagle Casino located in Cripple Creek. The sportsbook is also the exclusive sports betting partner of NBC Sports in the state.
PointsBet also declared its exclusive partnership with Austin FC of Major League Soccer (MLS) in Texas in September 2021, ushering in a new era of collaboration between the two parties.
In addition to appointing PointsBet as AFC’s sole sports betting partner, the company has also signed a commercial access agreement with AFC Stadium. Thanks to the Market Access Agreement, PointsBet has been designated as an exclusive player in the Texas sports betting services arena, pending compliance with relevant regulations.
The PointBet Sportsbook app extends a broad spectrum of bonuses, promotions, and exclusives across all platforms, including PCs and mobile devices. Its odds rank among the most competitive available, giving bettors greater potential returns on their wagers.
Unique PointsBet Features In Colorado
Every sportsbook needs an edge to stay ahead of the competition, and PointsBet has its own. It offers several unique features that continue to help it attract new bettors.
Pointsbetting
Pointsbetting is only found on PointsBet.
It increases the potential winnings, depending on the outcome of the contest. For example, if the bet wins by a point or unit, the bet amount is multiplied by one. If the bet wins by two, the amount is multiplied by two, and so on.
On the other hand, there’s a chance of losing. If the bet loses by one point, the bettor loses one times the bet amount. This, like the winnings, can go as high as 10.
Live Betting
PointsBet stands out in the industry for its vast range of live and high-quality sports betting options.
With one of the largest and most dynamic sports betting applications available, PointsBet offers an array of unique bets, such as the exact second of the first TD in an NFL game and the quarter’s completion percentage.
Odds Boosts
The odds boost on PointsBet in Colorado are Booster Odds, although they work the same as those at other sportsbooks. Regularly, the sportsbook will increase the odds of certain markets by 15%-20%, giving bettors a chance for greater winnings.
In this regard, PointsBet stands out from other sportsbooks by offering players more advantageous odds.
While this may be favorable for regular players, it poses a disadvantage for those who frequently engage in routine bets like totals. Booster Odds are found in many sports and are regularly seen in football, basketball, baseball, and hockey.
States Where PointsBet Is Active
PointsBet has a strong presence in the U.S., building on its success in other markets. Its sportsbook is offered in the following states, and it has also been rolling out an online casino, which is now available in four states.
- Colorado
- Illinois
- Indiana
- Iowa
- Kansas
- Louisiana
- Maryland
- Massachusetts
- Michigan
- New Jersey
- New York
- Ohio
- Pennsylvania
- Virginia
- West Virginia
Deposit/Withdrawal Methods
The one area where PointsBet is lacking is in deposits and withdrawals. The options are limited, but there are enough options to cover most sports bettors.
Deposits
- Visa/MasterCard debit and credit cards
- PayPal
- Online banking
- PayNearMe
Withdrawals
- Online banking
- PayPal
- ACH
Available Markets In Colorado
As it should, PointsBet covers virtually all sports markets around the world. Bettors will find plenty of options to choose from, with lines available at all major events.
- American Football (NFL, NCAA, and international)
- Basketball (NBA, NCAA, and international)
- Baseball (MLB and international)
- Hockey (NHL and international)
- Motorsports (NASCAR and F1)
- Soccer (MLS and international)
- Championship Boxing
- MMA/UFC
- Golf
- Rugby
- Boxing
- Cricket
- Cycling
- Darts
Recurring Bonuses In Colorado
Once users enter the PointsBet sportsbook, they’ll find several promotions. Some may be short-lived, while others are constantly available. Because they may change, checking the platform for all available promotions is important.
No Juice Pointsbetting
Sports bettors don’t have to pay a vig on certain Pointsbetting options, which helps them keep more of their bankroll.
Sunday Night Football Risk-Free Bet
PointsBet will refund bettors (up to $20) if the first bet they make on a Sunday Night Football game loses. With so many underdogs taking games, this is a huge plus.
Same Game Parlay Insurance
Bettors who make a parlay bet of four legs or more can receive a refund if just one of the legs loses. The bet has to be on an NFL or MLB game, with an upper limit of $25. This promotion has been offered in the past but, as of March 28, is unavailable.
Refer a Friend
For every friend or family member that signs up and makes a deposit, a PointsBet user can receive a free bet of up to $100.
Q&A
Does PointsBet offer live streaming of games in Colorado?
There is limited availability of live streaming, which is a crucial part of PointsBet’s live betting experience.
In what states is the PointsBet sportsbook active?
PointsBet is now live in Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.
In all of those, it is regulated by the state’s respective gaming regulator.
Can bettors bet on PointsBet Colorado when they’re out of the state?
Due to geofencing, all bets placed on PointsBet Colorado must occur within the state’s borders. However, users can easily make deposits and withdrawals from other locations.
Does PointsBet offer live cashouts?
Yes, live cashouts are available on PointsBet. Full and partial cashouts are possible, but the amount will obviously change drastically.
Does PointsBet offer a rewards program in Colorado?
All users who sign up with PointsBet and make a deposit will be enrolled automatically in the sportsbook’s rewards program. Each time they make a bet, they earn points leading to free bets.