Tag: Promo

Colorado Sports Betting Officially Launches; DraftKings Offers Broncos Promo

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Colorado has become the 18th state with legal sports betting, going live today, May 1.

Though the state’s physical casinos — located in rural Cripple Creek, Black Hawk, and Central City — are closed until May 8 due to recent extended shutdown, bettors can take advantage of the state’s online sports betting and place their bets.

Despite launching during the looming COVID-19 pandemic, operators recently told PlayUSA how optimistic they are about Colorado’s future as a US betting power player.

There are four CO sports betting apps live today, including DraftKings. To mark the occasion, it has released a new promo boost through May 5 that might entice even the most die-hard Denver Broncos fans.

Read on for more Colorado sports betting info and how to take advantage of this limited offer.

Colorado sports betting basics

Colorado has an impressive and expansive list of brands on tap. Draftkings is expected to be a dominant force in the Colorado market once things begin to normalize around the country. But the company will also have to compete with other top-tier brands like FanDuel Sportsbook and William Hill.

As PlayColorado notes, patrons will have four CO sports betting apps to choose from on launch day. Other sportsbooks are expected to roll out mobile applications in due time.

  • FanDuel
  • DraftKings
  • BetMGM
  • BetRivers

Additionally, the state has approved 11 online operators which vary from operators like Rush Street Interactive to Fox Bet.

Approved sportsbooks:

  • theScore
  • PointsBet
  • Fox Bet
  • Circa Sports
  • Smarkets
  • Roar Digital
  • William Hill
  • Rush Street Interactive
  • Penn Sports Interactive
  • FanDuel Sportsbook
  • DraftKings Sportsbook

Not only will customers have access to traditional sports leagues (NFL, NHL, MLB, NBA), they will also be able to bet on in-state colleges like the University of Colorado and Colorado State. However, books are not authorized to offer individual collegiate prop bets.

DraftKings Sportsbook Colorado promo

For a limited time, DraftKings Sportsbook will be offering Colorado users +100 odds on the Denver Broncos to win over 6.5 games.

The Broncos went 7-9 last year finishing second in the AFC West with quarterback Drew Lock going 4-1 as a starter. Denver invested heavily in offensive weapons to help their young QB for the 2020 campaign, selecting top wide receiver Jerry Jeudy with the 15th overall pick and wideout KJ Hamler in the second round. Couple this group with emerging stars like tight end Noah Fant, wideout Courtland Sutton and newly acquired running back Melvin Gordon and +100 odds look very nice.

Denver Broncos CO Boost

  • Boost excludes: no parlays, free bets, cashout bets, void bets, live bets
  • Boost odds must be placed in the state of Colorado as individual bet slip
  • Max bet $50
  • One bet per user
  • Odds were -305, now +100

Bettors have until May 5 at 11:59 PM ET to place wagers.

Mobile Colorado betting at a glance

A significant CO sports betting rule is the ability for customers to register for accounts remotely. With the pandemic sweeping the country and quarantine measures in place, remote registration is beneficial.

Another benefit to mobile registration is its ability to drawn in potential customers from neighboring states. Residents from Wyoming, Nebraska, and Utah only need to cross the Colorado border to be able to register for an account and place a wager. With geolocation, once a player exits the state, they will no longer be allowed to bet.

The current list of available sports to bet on may be limited. But major sports leagues are continuing to discuss ways some seasons can be salvaged (NBA, NHL) or begin on time (NFL).

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Can You Make Money With Sportsbook Promo Codes?

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I’ve been doing some research with sportsbook promo codes, and I think that you can use them to make money.

PREMISE: Use a good handicapper to put odds of winning money in your favor by attempting to “steal” the bonus money offered by sportsbook promo codes. Use the sportsbook promo codes “loophole” in the rules to EARN lots of cash

Example: Here is a typical bonus offered by sportsbook promo codes & buy $100, get $100 free for a total of $200. The minimum wager requirement is usually something like 10x. 10 x wager requirements means you have to wager a total of $2000 dollars (10x $100 bonus plus 10x $100 deposit) in total bets. Don’t worry, it’s not that hard to meet these wager requirements because ALL bets count towards the requirement, wins AND losses.

The edge at an online sportsbook is usually extremely thin and depends on them properly figuring out the odds of the all teams winning. Let’s pretend that the casino wins $100.40 for every $100 in bests made. This puts their “house edge” at 0.40%. &$2000 x 0.40% is $8.00 (Remember, this is 0.40%, LESS than 1.0%). That’s the amount you are predicted to lose if you follow the strategy card and make wagers on Bell fever slots totaling $2000.Subtract the $8 from the free $100 in bonus money the casino gave you and your profits total an amazing $92. Don’t understand?

What’s The Catch? The online sportsbooks simply don’t believe you will follow all these steps to win money. Either you won’t make good bets (betting on your favorite team even if they’re on a horrible losing streak), and that you’ll keep on playing after meeting the wager requirements, or you’ll try other sports. Prove them wrong! Be smart, follow the steps.

Why does it Work? Because the sportsbooks give you sportsbook promo codes that let you get FREE money to start playing. Although the point spread might be in the casino’s favor, I think you can still win with a good handicapper. The odds of winning money at the casino are in YOUR favor if you follow these steps: make good bets, and bet small.

Bottom Line? It’s sure easier to win if you use sportsbook promo codes to get a few hundred dollars. This will have an edge over the casinos and you should win money. From my calculations, you will have an 82% chance of beating the casino. The average player will win at least $90 per casino under these rules and strategy.

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Source by Devan Dafoe

Categories: Sports Betting

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