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MaximBet sportsbook review

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Checked byCharlie Stamp
69/100 Expert rating by Anna Marie G.
Risk-free bet up to $500

MaximBet entered the betting market in 2021 with its Colorado sportsbook. The site is a rebrand of SportsBetting.com, and former customers can use the same account. 

While the fresh design, vibrant colors, and party-feel will surely keep you entertained, is it worth your time and money?

Read our MaximBet sportsbook review to find out about the odds, bonuses, banking, and customer support at MaximBet, and discover what our experts make of this relative newcomer.

Pros and cons

  • 24/7 live chat
  • Good range of sports and esports
  • Cashout option for most bets
  • Only five payment options
  • No live streaming
  • Limited depth to markets besides soccer

General ratings

69 / 100 Expert rating by Anna Marie G
84Betting features rating
63Bonus rating
60Odds rating
61Payments rating
69Safety rating
93Platform rating
86Support rating
39Sports and markets rating
How we rate
84% Playscore based on 5 critics

General info

Launch date 2020
Company behind Carousel Group

Editor’s note

Data and analysis below are accurate at the time of publishing, but may be subject to change.

Expert verdict

Our MaximBet online sportsbook review has covered all aspects of the site. It has some weaknesses, like the lack of depth of markets, a small list of payment methods, the absence of non-sports markets, and lack of live streaming.  

There are positives to MaximBet. There are plenty of bonuses for existing players covering all kinds of sports. The design and navigation on the site and app are attractive and make it a pleasure to browse and discover betting opportunities. The betting features, such as cash out for almost all bets, add to the experience, and the customer support ensures a relatively smooth experience.

Available states

This MaximBet sportsbook review focuses on the Colorado site where it is licensed and regulated by the Colorado Department of Revenue (CDOR).

The operator has announced its intentions to expand to New Jersey, Indiana, Iowa, and Ontario with sportsbooks. The first of those sites should appear in 2022. We imagine those will follow a similar format to MaximBet CO.

It also intends to launch online casino sites in New Jersey, Pennsylvania, and Ontario, which we’ll review once they’re established.

States available

  • colorado-flag
    Colorado

MaximBet bonuses

The sportsbook has a welcome bonus to encourage new customers to register. It’s similar to many other operators, as it comes in the form of a free bet. The amount is $500, which is reasonable but not as large as some operators, like BetMGM, which offers $1,000.

Besides the welcome offer, there are several promotions for existing players. They include competitions with cash prizes, parlay insurance, cashback, and free bets. As long as you meet the qualifying criteria, you’re eligible, and you don’t need a MaximBet sportsbook promo code to trigger the reward.

Most cashback deals are around 20% or 50%, which removes some risks. The free bets can add up with $3, $10, or more available. These promotions cover different sports, like basketball, golf, ice hockey, and baseball. They are updated to reflect the sports activity in that season.  

Bonus facts

CategoryDetails
Welcome bonusRisk-free bet up to $500
Bonus codeNo
Wagering requirements1x
Minimum qualifying bet$5
Risk-free betsYes
VIP rewardsYes
Other bonusesYes

While the promotions page doesn’t mention a loyalty scheme, there’s a rewards program that gives players two points for $1 wagered as a straight pre-game bet, ten points for each $1 on a parlay, and five points for every $1 bet in-play. Above, you received the facts, such as whether there’s a MaximBet sportsbook bonus code and how much you get. Now, our expert will get opinionated about the MaximBet Colorado bonuses.

Bonus rating

63/100 I’m not blown away by what MaximBet offers.
  • Low wagering requirement
  • Insurance, cashback, and free bets offered
  • Small bonus amounts
  • Detailed instructions to qualify

I like the idea of a risk-free bet to get started. However, MaximBet doesn’t offer the most generous version. Other sportsbooks like BetMGM sportsbook review and FanDuel online sportsbook review offer $1,000 or more. This type of promotion has its advantages, as you can explore the markets and bet types without worrying about losing your initial wager. On the other hand, if it wins, you don’t get anything but your standard winnings from the bookmaker.

This MaximBet online review isn’t only about the offers for new players. I’m pleased to see a range of promotions for existing players, like the One Out Rally deal that acts as parlay insurance for five-leg MLB wagers. I’m impressed that the site has got a bit more imaginative with how they give out free bet credits, such as the It’s Over offer. It gives you $1 in free bets for every number the score goes over the set-closing total.

These aren’t the biggest bonuses I’ve ever seen. However, the wagering requirements are low and you don’t need to deposit or bet a lot to trigger them, so they’re accessible to most bettors. You don’t even need to hunt for a MaximBet sportsbook promo code to get your bonus!

The terms and conditions are clear, but I found it necessary to read the instructions closely to ensure you take the right action to qualify for the reward.

Additional bonus details

Using a MaximBet bonus code

You don’t need to remember or search for promo codes at MaximBet sportsbook. Instead, you need to pay attention to the qualifying terms to trigger the different promotions. They usually include a minimum deposit or bet amount, a number of legs in a parlay, minimum odds, and a specific sport or event.

Free bet credits

Many rewards from this sportsbook come as free bet credits. Some general rules always apply to using these rewards. They have 1x wagering requirements that typically last for seven days and are awarded within 72 hours of settling your qualifying bet. Your winnings from a free bet won’t include the initial stake.

MaximBet Play

MaximBet Play is a separate betting app that you can download to participate in competitions. You can make free predictions across all sorts of sports. Once your guess is locked in, you wait for the result and see if you’ve won a cash prize.

Sports and markets

MaximBet Colorado covers all the major local teams, including the Rockies, Avalanche, Rapids, Denver Broncos, and Denver Nuggets. You can find another twelve sports markets as well as baseball, ice hockey, soccer, football, and basketball.

Each of these sports markets includes popular leagues, like MLB, NBA, NFL, and NHL. There are also international competitions and leagues for tennis, soccer, snooker, and basketball.

The site has branched out from traditional sports and included the emerging esports market. However, there aren’t many options for non-sporting events, as politics and entertainment don’t have their own categories. On the other hand, you can find futures bets on sports player awards.

You can browse the sports categories using the A-Z menu or filters at the top, including odds boosts, live events, and other active or popular events, like NBA, NHL, MLB, and tennis. Once you’ve chosen a sport, you can narrow your selection to a particular tournament and then a match. Clicking on the tournament button in the mini toolbar above will bring you a dropdown menu of all the upcoming event options for that sport.  

Sports facts

CategoryDetails
Number of sports17
Betting markets — Baseball23
Betting markets — Basketball15
Betting markets — Football 155
EsportsYes
Other markets (politics/event betting)N/A

As well as the spread, moneyline, and totals wagers, there are different options at MaximBet depending on the sport. You can also bet on the correct score, odd or even total, the winning margin, and handicap wagers. Now that we’ve analyzed the cold, hard facts of MaximBet Colorado’s markets, let’s get more subjective and talk about how that impacts the betting experience.

While popular sports are an essential part of the site, our expert has also provided an opinion on the nice markets available at MaximBet sportsbook Colorado. Find out more below.

Featured betting markets

Available events

Sports and markets rating

39/100 Good layout but needs better market depth.
  • Esports coverage
  • Good depth of market for soccer
  • Non-sporting markets not covered
  • Depth of market needs improvement for basketball, baseball, and football

I got a great first impression from my MaximBet online sportsbook review. Browsing the different sports categories at the site is straightforward. Even if you don’t know an event is happening, the menus make it easy to discover different betting opportunities. I like that it groups all of the odds boost and live events together, and they are just a click away.

I had hoped for a few non-sporting categories for betting, such as politics, or some sportsbooks feature the weather. However, I was pleased to see that MaximBet is moving with the times and has a small selection of esports markets. The boxing, snooker, darts, and rugby coverage is good to see, too. Some sportsbooks omit these, but MaximBet has included them, which means betting opportunities with good value all year.

While there’s a wide choice of national and international events in lots of popular sports, I wasn’t so impressed with the depth of the markets. Soccer has all kinds of props and Asian handicap bets. However, NBA matches typically only have around 15 markets, which is reasonable but not enough to get me excited.

Additional market details

Colorado teams

Colorado is packed with sports fans. There are five major teams to support, including the Colorado Rockies in the MLB, the NHL team Colorado Avalanche, three-time Super Bowl winners the Denver Broncos, the NBA team Denver Nuggets, and Colorado Rapids in the MLS. Besides those teams, Colorado hosts NASCAR races and PGA tournaments, making it possible to bet online and be a spectator.

College sports

It’s possible to bet on college sports in Colorado. There are several successful teams to follow, such as the Denver Pioneers hockey team and the Colorado College Tigers in basketball, football, and on the ice. Plus, there’s the Western State basketball team, Colorado Buffaloes in football, and several other teams with matches where you can check the MaximBet sportsbook odds.

Betting features

MaximBet sportsbook Colorado has a few interesting betting features. It is missing live streaming, though, which means you can’t watch a match while betting on it on the site. There are graphics to keep you up to date with the score and how the action is moving. They aren’t as sophisticated as some other sportsbooks, which have animations.

The in-play section of the site covers many live events, often with over 30 or 40 available for bets. You can browse by sports filter for events from basketball, snooker, baseball, tennis, and more. The betting odds are updated relatively quickly, with green or red text to show you which way the odds have changed.

You can’t place quick bets with one click. However, the sportsbook also has an informal bet builder. It doesn’t have as much flexibility as some other sites. However, you can make parlay and round-robin bets from your selections with your bet slip. It doesn’t have teasers, though.

Most wagers are eligible for cash out. You can check the dedicated section in your bet slip to see which bets qualify and how much you can get. Full and partial cashouts are available on single, multiple, and in-play wagers.

Feature facts

CategoryDetails
Bet BuilderYes
Cash OutYes
Live bettingYes
Live streamingNo

The first part of our MaximBet online review of betting features focused on exactly what you find when visiting the sportsbook. To put that in context, our expert has given an opinion on how user-friendly and beneficial those features are.

Betting features rating

84/100 Betting features at MaximBet could be a bit more advanced.
  • In-play betting updates fairly promptly
  • Easy to create parlays and round-robin wagers
  • No live streaming
  • Custom bet options limited

I came across several positives in my MaximBet sportsbook review. The betting features had a significant impact on my time at the site. I generally liked how everything was organized. Time is of the essence when betting, especially for in-play wagers, so I really appreciated being able to move around the different events and markets with ease.

MaximBet allows you to cash out on most wagers before the final whistle is blown. I was happy to find some opportunities for a full cash-out; otherwise, the amount usually depended on the current status of the game and the odds. I found it easy to locate the appropriate section under ‘my bets’, and the original wager amount, potential return, and cash amount were all clear enough to help me make a decision.

I’m being generous when I call the feature in the bet slip a bet builder. However, it makes it possible to build parlays and round robins easily. Other custom bets aren’t possible, though. As with many operators in this market, live streaming isn’t offered, which I think is a shame, as I find it adds to the overall enjoyment. The graphics that MaximBet provides instead for in-play betting are adequate, but I have seen better at other sportsbooks.

Additional betting feature details

Live betting

In-play betting means you can place a wager after a match has started. The odds update according to the current scoreline and action. MaximBet and most sites use green text and an up arrow to show when odds have improved and red text with a down arrow to show they’ll lead to a less profitable return. The markets for live betting include the usual options and some specific bet types, such as whether there will be a tiebreak, winner of the next set, and so on.

Custom bets

Some sportsbooks allow you to create custom bets, including player props or other specific outcomes for an event. MaximBet offers two betting systems besides straight bets. They are parlays, which are multiple legs combined in one bet to increase the odds and the payout, and round robins, which pair up different combinations of events to get you payouts based on different outcomes, but usually with a higher minimum stake.

MaximBet sportsbook odds

The MaximBet odds determine how much value you can get from your bet. Not all sportsbooks have the same odds, although they’ll be similar, you might find one with a better margin, so the payout percentage is an essential part of this review.

The general payout percentage for the odds at MaximBet is 94.6%, which is around the market average and slightly better than some other sportsbooks in Colorado. The live payout percentage is lower in comparison at 92.70%, although, once again, that certainly isn’t the lowest for Colorado sports betting sites.

The niche or less popular markets have margins that vary, with some much smaller and others above the average bookmaker’s vig. The popular markets do pretty well too. Basketball has an average payout percentage of 95%, and for football betting, it’s a little higher. 

Odds facts

CategoryDetails
Average payout94.6%
Boosted oddsYes
Parlay boostsNo
Line movementFrequent

The facts are vital to this MaximBet review, especially regarding odds. These figures don’t just show you who is the favorite in a match-up – they also tell you about your payout. We used the odds at the sportsbook to establish the MaximBet sportsbook payouts for different markets. Below, our expert will weigh in on the sportsbook’s margin and how much you can get.

Odds rating

60/100 Room for improvement for general and live odds.
  • Range of odds boosts daily
  • Competitive odds
  • Low live betting percentage payout
  • No parlay boosts

I’m pleasantly surprised by the competitive odds at MaximBet. As with most sportsbooks, you can’t find exceptional value on every bet. However, I found several markets where MazimBet outperformed most of the other options in Colorado. It wasn’t necessarily numbered one for value, but it’s up there for some football and basketball bets.

Live betting payout percentages can vary quite dramatically at all sites. I think the odds at MaximBet are generally relatively stable, with most payout percentages sitting about the 92% mark, which I find to be reasonable value.

Additional details related to odds

Bookmakers’ margins

Sportsbooks like MaximBet set margins to make a profit. If they don’t make a profit, they can’t run their operation. However, the size of the margin, otherwise known as the vig, helps you understand how much you’re paying to the betting site to take your bet. The numbers in our review are average, looking at different markets, but you can compare individual odds to other sportsbooks to find the specific payout percentage for a single bet.

Payments

MaximBet has a small list of payment methods, although most are widely used and convenient options. The methods available include online transfers with Mazooma, Skrill, VIP Preferred e-check, Visa, and MasterCard. Funds arrive in your account instantly.

You can choose from the same five methods for withdrawal, although several banking institutions and credit cards don’t allow for withdrawals. Your winnings can take between one and five business days to arrive in your account depending on your chosen method.

The sportsbook doesn’t set limits for either type of transaction, although you might want to deposit at least $10 to qualify for the bonus. There are no fees for either type of transaction.

Payment facts

CategoryDetails
Number of payment methods5
Popular paymentSkrill
Minimum depositNo limits
Maximum depositNo limits
Average deposit timeInstant
Minimum withdrawalN/A
Maximum withdrawalN/A
Average withdrawal time1-5 business days
Deposit feesNone
Withdrawal feesNone

Information about the payment options is clearly set out in the FAQs. You can also check the terms and conditions to find MaximBet’s payment policy, which is pretty straightforward. Let’s find out our expert’s opinion on the banking arrangements at the sportsbook.

Payments aren’t the most exciting side of betting. However, they’re necessary to get you the funds for wagers and crucial to making the most of your winnings.

Deposit methods

  • VIP Preferred
  • Bank Transfer
  • MasterCard
  • Visa
  • Skrill

Withdrawal methods

  • VIP Preferred
  • Bank Transfer
  • MasterCard
  • Visa
  • Skrill

Payments rating

61/100 Not adequate, although the transaction times, limits, and fees are all acceptable.
  • No transaction fees
  • No limits
  • Not many deposit options
  • Not many withdrawal options

MaximBet has a small list of betting payment methods, although most are widely used and convenient options. The methods available include online transfers with Mazooma, Skrill, VIP Preferred e-check, Visa, and MasterCard. Funds arrive in your account instantly.

You can choose from the same five methods for withdrawal, although several banking institutions and credit cards don’t allow for withdrawals. Your winnings can take between one and five business days to arrive in your account depending on your chosen method.

The sportsbook doesn’t set limits for either type of transaction, although you might want to deposit at least $10 to qualify for the bonus. There are no fees for either type of transaction.

Additional payment details

Account verification

Before you make a withdrawal, it might be necessary to verify your identity. It means confirming your age and providing documents that confirm your name or address. These could include government ID, a recent utility bill, or government correspondence. You might also have to provide bank statements.

Safety and fairness

MaximBet lets customers know where they stand with its transparent terms and conditions. They can be found at the bottom of the page in the help section, which has other useful documents like the betting rules, FAQs, privacy policy, and responsible gambling information.

MaximBet hasn’t built up much of a reputation under the current brand yet and is only licensed in one state. That could change soon. In the meantime, there are other signs of safety, such as the responsible gaming policy, which includes contact details for a helpline and information about how to spot a problem. There are also tools, such as ways to take a break, set deposits, betting and time limits, and self-exclusion.

Safety facts

CategoryDetails
Auditing sealsN/A
Responsible gaming sealsRGF
LicensesCDG
SSL encryption128-bit
Two-factor authenticationAvailable
Ever blacklisted?No
Deposit, wager, time, and loss limitsAll available
Self-exclusionAvailable
Cooling-off periodAvailable

To enjoy a sportsbook, you need to know that it’ll play by the rules. Policies are a way for sportsbooks to show their commitment to customers. Let’s find out what our expert makes of the setup at MaximBet.

Licensed by

  • colorado gaming-association logo
    Colorado Division of Gaming

Trusted by

  • Responsible Gaming Foundation
    Responsible Gaming Foundation

Safety rating

69/100 MaximBet will take some time to earn trust.
  • Self-exclusion option
  • Clear terms and conditions
  • Only one license at present
  • Not well-known brand

As part of my MaximBet review, I’ve been through the site’s terms and conditions. I found them to be easy to find and relatively straightforward and clear. They include a section on account verification, which is a sign that the operator is taking its responsibilities toward protecting minors seriously. The number of responsible gaming tools also backs up that point.

In terms of the trust, I was a little wary of MaximBet – it has changed from the SportsBetting.com brand, which had some recognition. With only the Colorado license, the site is starting from scratch. Once the site expands to other states, I think it’ll encourage more users to trust it and register.

Additional safety details

Why licenses are important

Whether it’s from Colorado or for a sportsbook to operate in another state, a license shows that a sportsbook is overseen and checked by an independent body. It also means that the site is legal to play in our jurisdiction. A licensing body can intervene in a dispute, and it means you can trust the site not to take your funds and disappear, as an unlicensed off-shore site might do.

How to know a sportsbook is fair

Besides a license, there are several other signs that a sportsbook is legitimate and fair. Many of them are covered in this review, including payout percentages, offering well-known payment methods, having customer support to deal with issues, and clear bonus terms.

Customer support

Customer support at MaximBet is available 24/7. There are two main forms onsite, and you can reach out via live chat or email. The sportsbook also has three active social media accounts on Twitter, Facebook, and Instagram, so you can also start a dialogue with the brand there.

The live chat is available from a support bubble sticky present on the FAQ pages. Non-registered users can access it too, and an alternative route is to visit the contact us section in the website footer. That’s also the location for the link to the social media accounts, and you can click ‘send an email’ to launch your mail inbox with the address already entered. 

Support facts

CategoryDetails
Customer support availability24/7
Live chatYes
Email[email protected]
Contact numberN/A
On-page supportN/A

Customer support channels and availability are crucial. What matters just as much as the experience and the help you get. That’s where our expert comes in to give an opinion on whether the responses are prompt and the staff knowledgeable.

Support rating

86/100 Good customer support at MaximBet.
  • 24/7 support
  • Email and live chat available to potential customers too
  • No phone support

I was impressed by the customer support at MaximBet sportsbook Colorado. More sportsbooks are moving towards 24/7 support, but it isn’t standard in the industry, so I was pleased to see it here. If you gamble at late or early hours or on the weekend and have a query, you should still get a response from MaximBet.

The response time to my query was fast, with the first message coming back in two minutes. My opinion of the service was that the tone and approach were friendly, but some clarification and checking were required to get me my answer.

The FAQ page is helpful in the first instance for anyone wanting to get up to speed on how MaximBet works. I’m happy that all the support options are easy to access for registered and non-registered users.

Additional support details

Our experience with customer support

We clicked the 24/7 live chat box in the website footer to launch the service. The pop-up box asks for your name, email, and message. On the one hand, it’s helpful to set out exactly what you want to ask. On the other hand, it does mean the chat takes a bit longer as you often need to wait for a response and then clarify your request. Otherwise, live chat is a fast and efficient way to get help at MaximBet.

MaximBet’s platform

The rebrand to MaximBet has meant a new, bright, and modern-looking interface. It combines white space with darker menus and hints of neon colors, which fit the party atmosphere that is part of the brand’s identity.

When you visit the App Store or the Play Store, you’ll find the MaximBet sportsbook app and the MaximBet Play app. One gives you access to sports betting, and the other leads to the competition, where you can predict outcomes for free to win cash. They both have the same recognizable design and straightforward navigation.

The site has a search function to find sports, leagues, or specific matches. Checking bonuses is easy on the dedicated promotions page, and you don’t need to take any special actions to claim, apart from meeting the eligibility terms.

The menu allows you to move between the home page and live betting, help, promotions, popular leagues, your recently viewed selections, and the sports A to Z list. There are also filters below the search box and a toolbar that helps you refine your selection with links to the sport, league or event, and specific match.

Platform facts

CategoryDetails
Mobile appiOS, Android
Ease of navigationVery easy
FiltersYes
Search functionYes
Loading speed0.7 sec.
UI and UX ratingGreat
Other productsN/A

The bet slip is present on all the page, so you can easily add a selection and keep an eye on your active bets. Our expert weighs in with thoughts on what using the platform for betting really feels like.

Platform rating

93/100 Excellent site and apps – once it launches a casino site, it’ll be close to perfect.
  • Easy navigation on desktop site and app
  • Search function to find specific bets
  • Sportsbook-only site

I found the MaximBet sportsbook app and the desktop site to be modern and appealing in style and how it functions. The color scheme is eye-catching and is different from the usual white and gold style you see at Caesars and BetMGM.

My overall impression of the navigation was good. I managed to find what I wanted and move there with ease, so I think most customers will find betting here enjoyable, or at least not even notice the process as it is so smooth. The search function worked well, but the menu is so effective that it isn’t often needed.

Trying out the different processes, I found most of them straightforward. I liked the short registration form with one page that captures all the required details. Claiming bonuses doesn’t require any effort apart from making a qualifying bet.

Additional platform details

MaximBet interface

The majority of the page is taken up with the available events for each market. There are also handy buttons below the mini toolbar – these lead to popular matchups that are coming up, such as Mets vs. Nationals or Grizzlies vs. Nuggets. It’s one of several ways that MaximBet makes it easy to get around the site and discover new betting opportunities.

App download

The MaximBet app is available for iOS and Android devices. When betting, it requires access to location settings to ensure you’re in Colorado. You can also get the MaximBet Play app to access the free prediction competitions to win cash prizes.

FAQs

Does MaximBet have a no deposit bonus?

No, at present, MaximBet doesn’t have a no deposit bonus. Most of its promotions require you to deposit and wager to trigger them.

Who is behind MaximBet?

MaximBet has rebranded from SportsBetting.com. The Carousel Group owns the brand.

Does MaximBet have a live betting?

Yes, MaximBet does have live betting. You can find in-play coverage of several markets, including baseball, soccer, football, basketball, and tennis. There are graphics and statistics to help you follow the match, but the site doesn’t offer live streaming.

Where is MaximBet available?

At the moment, MaximBet is only available in Colorado. However, the operator has plans to expand. See the information about potential future launches above.

Does MaximBet have a license?

Yes, MaximBet has a license from the Colorado Gaming Commission, which means it’s legally operating in the state and meeting certain standards to run a safe site.

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