PointsBet Sportsbook made Denver, Colorado its adopted U.S. home long before actually launching mobile and online sports betting in the state. The official launch of PointsBet Colorado was on November 18 and the operator has put together some hometown promotions in hopes of getting a nice head start on grabbing some of the market share.
Colorado was fifth in terms of betting handle in the month of September and October numbers should show similar results when they are released. With that in mind, PointsBet Sportsbook wants to hit the ground running in the Rocky Mountain State with a lot of great offers for its fellow citizens.
Before we look at the Colorado-specific promotions, we have to consider the promotions that are available from PointsBet Sportsbook in all jurisdictions. Now in Colorado, and previously in Illinois, New Jersey, Indiana, and Iowa, PointsBet Sportsbook has a 100% Deposit Match Bonus up to $250 OR Up to $1,000 in Risk-Free Bets upon sign-up, with a $500 risk-free bet on your first Fixed Odds Bet and a $500 risk-free bet on your first PointsBetting wager.
PointsBet also offers Refer-A-Friend Bonuses, Cash Out options, the Karma Kommittee “Good Karma” payout as selected by sportsbook employees after a particularly bad beat, Parlay Boosters, and the Name-A-Bet promotion that allows users to name the wager they want and they can be entered into a contest to win free bets if their request is selected.
There are three Colorado sportsbook promotions to highlight for those that sign up at PointsBet. These are unique to PointsBet’s home state in the U.S. with headquarters in Lower Downtown in the capital city of Denver.
Best Price Spread Odds on Hometown Teams
At PointsBet Sportsbook, you’ll get the best odds on the market on spread wagers for the Denver Broncos, Colorado Buffaloes, Colorado State Rams, and Air Force Falcons.
The spread will always have -105 odds for football games involving those teams at PointsBet Sportsbook. The difference between -105 and -110 is a big deal to professional bettors and high rollers and you should think about it the same way.
Placing a bet on the hometown team? Do it at PointsBet.
Hometown Discount from Your Hometown Sportsbook
With this promotion, you can bet risk-free on Colorado’s sports teams. As an exclusive sportsbook partner of the Denver Nuggets, Colorado Avalanche, and the University of Colorado Buffaloes, you’re likely to see this promotion often, especially as PointsBet looks to establish a presence in the state.
For the rest of November, from November 18 to November 30, you can bet “risk-free” on the NFL for the Denver Broncos and on college football for the Colorado Buffaloes, Colorado State Rams, and Air Force Falcons. This also applies to Colorado for college basketball.
PointsBet will refund your net losses 100% up to $100 from wagering on these hometown teams. Cash bets only apply to the promotion and the refund will come in the form of free bets.
“Net losses” means that if you win $100 on the Broncos in the promotional period, but lose $125 on the college teams, PointsBet will refund you $25 in free bets. If you lose $100 on the Broncos and $100 on the college teams, PointsBet will only refund up to the first $100.
These must be straight wagers only. Parlays are not included.
Mile High Super Booster
The Denver Nuggets are listed at +2000 to win the NBA Championship in 2021, but you won’t get those odds at PointsBet Colorado. In fact, you’ll do a lot better with boosted odds up to +5280. Hence the “Mile High” promotion, as 5,280 feet makes up a mile.
The max bet is only $10, but you’re getting more than 2.5x better of a price and it’s a $10 investment. That is a really sweet offer from PointsBet Sportsbook.
One of the beauties of betting a market like that is that you can hedge your bets if the Nuggets make the playoffs and run into a team like the Lakers or the Clippers in the semifinal or conference final round. While the Nuggets may not win the jackpot of $528 on your $10 investment, you have $10 to win $528, which means that you can guarantee profit by betting the other side if you think the Nuggets will lose in that round.
Boosted futures odds, especially to this degree, can be very profitable.
If you bet on sports in Colorado, you should really look at creating a PointsBet Sportsbook account, as they run a lot of great promotions and will go the extra mile for customers in their adopted home state.