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Maximbet Sportsbook Review & Promo Code 2022

MaximBet online sportsbook, owned by the Carousel Group, got its brand name through a partnership with the well-known lifestyle magazine Maxim. 

The online sportsbook was first launched in May 2020 in Colorado as SportsBetting.com. The name change to MaximBet took place in 2021, and shortly after that, the rebranded sportsbook became one of the most prominent online sportsbooks in Colorado.

This MaximBet review will cover MaximBet sportsbook’s pros and cons, betting features, MaximBet promo code, bonuses, and how to claim them. You will also find information related to the online sportsbook’s competitive odds, betting markets, and different types of banking methods.

Pros & Cons

Pros
  • Easy-to-use interface
  • Proprietary software for better betting experience
  • Exceptional promotions and offers
  • Prohibitively high betting limits
Cons
  • Limited betting options
  • Few banking options
  • Only available in Colorado
MaximBet Sportsbook Promo Code and Review

Editor’s Conclusion - MaximBet Boasts Easy Betting

MaximBet is an online sportsbook that is worth a try. Their mobile app and interface are one of their strengths. This sportsbook is user-friendly as it has a simple and easy-to-use interface. The MaximBet mobile app has good speed too.

As for the features, MaximBet has basic features available, such as live betting. However, live streaming and same-game parlay are not yet available, and prop bets and futures bets are available with limitations. Also, MaximBet's state availability is unfortunately limited only to Colorado.

MaximBet Promo Code and Bonuses

MaximBet Sportsbook offers bonus money promotions for new customers. These promotions include the welcome bonus credits for new MaximBet sportsbook account holders and sport-specific promos such as One Out Rally (MLB), 3-Point Play (NBA), and Make The Cut (PGA), which award free bets.

Their most well-known promo is their welcome bonus, which doesn't require any MaximBet sportsbook bonus code. By clicking the claim bonus button here on sqore.com, you will automatically get the MaximBet welcome bonus when you sign up.

MaximBet Sportsbook - 100% up to a $1,000 deposit match bonus

MaximBet Sportsbook Colorado

The online sports betting platform currently offers a MaximBet welcome bonus that new entrants can enjoy with its 100% first deposit match bonus of up to $1,000.

This first deposit match bonus promo is only for new MaximBet sportsbook customers. Sign up using our link to claim the bonus. Again, no MaximBet sportsbook promo code is needed.

Promo Offer:100% up to $1,000 Deposit Match Bonus
Promo Code:None Needed - Use the Link
Selected Events: Any
Eligible States:Colorado
Min. Deposit:$10

Terms and Conditions

The $1,000 deposit match bonus MaximBet offer is slightly different from what other online sportsbooks offer. After sign-up, you must make four money deposits to claim the total bonus. MaximBet will have your deposit matched 100% as follows. 

DepositBonus MatchPromo Period (after first Deposit)
Initial Deposit100% up to $500 
2nd Deposit100% up to $2508-14 days
3rd Deposit100% up to $12515-21 days
4th Deposit100% up to $12522-28 days

Other terms and conditions for this promo are:

  • You will receive all no-code deposit bonus matches within 72 hours in free bet credits.
  • No MaximBet sportsbook promo code is needed for this sign-up bonus welcome offer.
  • The bonus comes with a 1X initial wager/bet requirement.
  • The bet credits will be given when you use real cash to place a wager, whether your bet loses or wins.
  • Free bet credits expire after seven days if not used to wager.
  • Employees of a league, team, or event are unable to bet on their own sports events.
  • Names from any gambling self-exclusion lists will be prohibited from wagering.

Other Promos

Besides the above first deposit welcome bonus, MaximBet Sportsbook offers also include:

Charlie’s Got You Covered

Bettors only need to place a $100 or more bet before an NBA or NHL playoff match. Later, bettors will get $19 in free bets (free bet credits) if they go into overtime.

Weekend Caddy

Users can place bets on which golfer is predicted to win at the US Open golf tournament. If your hero doesn't qualify, you'll get back 50% of your placed wager.

Going Under

The promo will apply when the user collects USFL Under “Total Points”. Later, users will receive $1 in free bet credits for every point scored under the line. The minimum bet is $10, and the maximum free bet credit you will obtain is $10.

For complete information on other MaximBet promo codes and bonuses, open the MaximBet sports wagering website's promotions page.

How to Sign Up and Claim Promo Code at MaximBet Sportsbook

How to Sign Up and Claim Promo Code at MaximBet Sportsbook

Most MaximBet promotions do not require a specific MaximBet promo code. For example, sports bettors only need to click on our promo link and register to claim the MaximBet welcome bonus, a deposit match bonus, or a risk-free bet. To sign up for a MaximBet account, you need to follow a few simple steps explained below:

1 Open the website by clicking our link.

Click this link and click register.

2 Complete registration requirements

Fill in the following information:

  • email address, 
  • password, 
  • name, 
  • date of birth, 
  • last four digits of your SSN, 
  • address.
MAXIMBET
3 Accept the rules and finish

Accept the rules and click the button to finish the process.

4 ID verification

Prove who you are. MaximBet will ask you for a selfie and upload a picture of your driver's license or passport.

5 Make a deposit and start betting

After you've been approved, you can make an initial deposit from your bank account or credit card, and place your first bet.

Maximbet Sportsbook Loyalty Program

MaximBet online sportsbook has the Max Rewards Program. The rewards club loyalty program uses a point system that gives points per $1 for different bets or deposits.

Points EarnedBet AmountBet/Deposit
5 points$1Straight Bet
10 Points$1In-play Straight Bet
20 Points$1Parlay Bet
50 points$1Deposit

Accumulated points are converted into bet credits at the month's end. Every 1,000 points will get $1 free bets.

MaximBet Sportsbook FAQ

Is MaximBet legal?

Yes, though currently, MaximBet legal sportsbook operation is only in Colorado. Users need to be in Colorado to bet at MaximBet legally.

What device can I use to access MaximBet?

MaximBet online sports betting is available on a website for PC and mobile browsers. They also have a mobile app for Android and iOS devices.

What is the minimum age policy at MaximBet?

Users need to be 21 years old or above to place bets on MaximBet legally.

Can I use MaximBet outside Colorado?

You can’t. However, MaximBet plans to expand its sports betting market to Indiana, New Jersey, and Iowa soon.

Who owns MaximBet sportsbook?

MaximBet sportsbook is owned and operated under the license of Carousel Group.

What is the most well-known promo at MaximBet?

The sportsbook's most famous promo is the 100% up to $1,000 first deposit match welcome bonus for new users. There are also free bet promotions.

Where should I go if I have a complaint or problem?

You can go to MaximBet customer service 24/7 via chat.

What are the available betting types at MaximBet?

Available sports bets include moneyline, point spreads, over/under, player props, prop bets, futures bet and futures betting markets, and live betting.

How long does withdrawal process take at MaximBet?

MaximBet Sportsbook generally pays withdrawals in two to six working days.

Betting Options at MaximBet Sportsbook

Maximbet Logo

MaximBet Sportsbook platforms are ideal for sports betting fans. They provide markets and odds for major sports, including NBA odds, MLB odds, and NFL odds.

Odds Pricing

MaximBet competitive odds are similar to other legal sportsbooks like BetMGM, or DraftKings, especially when sports betting enthusiasts compare moneyline and point spreads odds. Although relatively new, MaximBet already provides various betting options that sports bettors can choose, including player props odds.

Where MaximBet's odds lag are prop bets and less crowded sports betting markets like table tennis. Prop bets at MaximBet aren't bad, as they have prop bets for major sports. However, fewer prop bets and player props are available than in other online sportsbooks.

Betting Markets

MaximBet Sportsbook provides different sports betting options for a great online sportsbook betting experience, with fewer betting options than other sportsbooks and gambling sites. They are listed below.

Available Betting Options at MaximBet
MoneylinePoint spread bets and alternative spreadsOver/UndersParlays
Futures BetsProp Bets (incl. Winning Players or Game Props)Live Bettingand more

MaximBet online sportsbook offers sports markets betting options through the MaximBet website and MaximBet app, with some having best odds boosts offers. MiximBet covers all the popular betting choices, including MLB games and NCAAB games (college games) for baseball fans. The available sports are:

Available Sports Markets at MaximBet
BaseballBasketballBoxingCricket
TennisDartFootball (incl. NFL, CFB)Gaelic Football
Gaelic HurlingTable TennisGolfHockey
Motor SportsRugby LeagueSoccer gamesRugby league (Rugby Union)
Snookerand more games

Although MaximBet covers fewer sports than competing sportsbooks, it's still worth trying since it has competitive odds, a great welcome bonus deposit match offer, and large future potential.

Live Betting

MaximBet offers some of the best live betting options in the industry. To access all live bet options and MaximBet odds, tap the "Live" button at the bottom of the app. Then select specific games to see all the bets and live wagers available.

Live Streaming

MaximBet Sportsbook currently doesn't have a live streaming feature.

Cash Out Function

Bettors can withdraw money winnings using Skrill or Mazooma. However, there is no detailed information about the cash-out function, where bettors can get their money from their wagers anytime, even before the sports game is over.

Same Game Parlay

MaximBet doesn't currently offer Same Game Parlay (SGP), a feature that allows users to profit from multiple wagers on a single betting slip.

Other Notable Features

Sports Updates

Customers can bet on live sporting events at MaximBet. You'll find updates for competitive odds, play-by-play, baseball, basketball, football, and soccer statistics.

Parlay Party

A successful parlay bet will grant you bet credits. For example, a successful four-leg parlay wager gives 25% of your earnings as a free bet. After that, it rises to 50% for five legs, 75% for six legs, and 100% for seven legs, with a maximum of $1,000. There are also promotions for wager odds boosts and bets of the day.

MaximBet Play and Casino

MaximBet Play

Carousel Group also has MaximBet Play, a free sports prediction application from MaximBet and Splash Tech. This is one of MaximBet's strategies to expand its customer base in the US and Canada.

This MaximBet offer allows Carousel Group to engage users across states regardless of sports betting legality, as the app is usable for free, making sports betting laws and regulations inapplicable.

Being free-to-use is the difference between MaximBet Play and the actual MaximBet app for sportsbooks, as it also allows lower bet risk and winnings rewards.

Betting at MaximBet Play is more limited than the MaximBet app for sportsbooks. However, this platform can be an alternative for users who don't want a high risk in the sports betting world.

MaximBet Casino

Earlier in 2022, Carousel Group announced MaximBet Online Casino games launch in two US markets, Indiana and Iowa. This is part of MaximBet offers in support of their ongoing national expansion strategy, along with expanding operations into several other North American markets.

MaximBet Sportsbook App

MaximBet Mobile App

Sports betting enthusiasts in Colorado can use MaximBet sportsbook, which has an attractive MaximBet welcome bonus, an easy-to-use desktop site, a sleek mobile app, and many betting options.

Carousel Group has made a mobile app built on a decade of gaming and sports betting industry experience with in-house proprietary software technology and a clean look.

The MaximBet app is available for Android and iOS. Open MaximBet.com and download the mobile apps through the available link. Here are things you can expect from the mobile betting app.

Speed: MaximBet app is quite fast. Despite a slight lag between promotions and betting pages, it's only a few seconds to move around the betting app. Navigating and placing bets is quick and easy.

Performance: Sports betting enthusiasts will find no issue with MaximBet sportsbook app. Finding popular sports to bet on is easy. The colors also facilitate reading in dark and bright environments.

Markets: MaximBet online sportsbook wagering options should satisfy most fans. You can find all major US professional, college, and international leagues.

Live betting: MaximBet offers some of the best live betting options in the industry. To access all options, tap the “Live” button at the bottom of the app. Then select games to see all bets.

Bet slip: One of the best features of the MaximBet app bet slip is you can see all your betting options without clicking anything. If you have multiple picks, single bets come first, then parlays and round robins. Be careful when scrolling the betting slip because clicking on the wager will open your keyboard, obscuring betting options.

Interface: The app's layout is good. The page's bottom bar is most useful. There are links to the homepage, live betting, bet slip, and other vital areas. The three bars in the upper left open the main menu.

Cashier: The green deposit button at the top is one of the easiest deposit methods. To withdraw using MaximBet bonus code, click the person icon at the top and select “Withdraw.” Banking at MaximBet is simple and easy.

How to Download and Install MaximBet Sportsbook App

MaximBet Sportsbook app is available both for iOS and Android devices. To download the mobile app, go to their website, and the steps work the same for Android and iOS users.

  1. Go to MaximBet website by clicking this link
  2. Click the download button according to your mobile compatibility (Android or iOS) to download the .apk file.
  3. Once the downloading finishes, run the .apk to install it
  4. Sign-up to create a new MaximBet account, or log in to your account
Min. Android/iOS VersionAndroid 4.1+ Jelly Bean or iOS 12.0 or later
PermissionThe app is usable by granting permission requests depending on location.
Download size102.8 MB

State Availability

Licensed by the Colorado Division of Gaming, Carousel Group launched SportsBetting.com in 2020 as a legal betting online sportsbook in Colorado, partnering with Johnny Nolon's Casino in Cripple Creek as their retail sportsbook presence.

The company then collaborated with a men’s magazine and rebranded SportsBetting.com to launch MaximBet in 2021, which became one of the most prominent online sportsbooks in the Colorado sports betting scene. In addition, the MaximBet online sportsbook website stated that Indiana, New Jersey, and Iowa could expect MaximBet to open there soon.

Legal StateLicense PartnerLaunch Date
ColoradoJohnny Nolon’s Casino in Cripple Creek, ColoradoSeptember 16, 2020
IowaN/ASoon
IndianaN/ASoon
New JerseyN/ASoon

Other potential states for expansion include Illinois, Michigan, Tennessee, Virginia, and Arizona.

Banking Options at MaximBet

MaximBet provides bettors with different banking methods for money deposits and withdrawals, which also covers Visa credit cards and online banking options as in the sports betting industry standard. 

Even though the current cashier isn't the best we've seen, it does what it needs to do and will likely get better over time.

Deposit methods

Banking Minimum AmountPayment TypeProcessing Time
Visa or MasterCard Debit Cards or Credit Cards$10Bank TransferInstant
Skrill$10Bank TransferInstant
Mazooma (online bank transfers/ACH bank transfer)$10Bank TransferInstant

How to Deposit at MaximBet Sportsbook

  1. Log in to your MaximBet account. For new registrants, don't forget to claim the deposit match bonus.
  2. Hit the green deposit button at the top of the screen
  3. Choose your payment methods
  4. Enter your money deposit amount

Withdrawal methods

Banking Processing TimePayment TypeMinimum Amount
Skrill1-5 daysBank Transfer$10
Mazooma (online bank transfers/ACH bank transfer)1-5 daysBank Transfer$10

Customer Support at MaximBet

MaximBet deserves credit for having multiple customer feedback support channels. Using the 24/7 chat feature is the easiest way to get in touch with MaximBet's customer support.

You can also opt for the “call us” or “leave a message” feature to help you connect with their customer support team.

When you click on the chat button, you can also send a message and wait for a reply in your email or ask for a MaximBet representative to call you back.

Responsible Gambling MaximBet

As per Colorado gaming enforcement rules, MaximBet has a section called "Responsible Gambling," which consists of many pages, including detailed guides on how to set low or high betting limits on sports betting, how much you can deposit money, and how long you can play responsibly.

There are also tips and information on how to tell if you have a problem, how to self-exclude, how to take a break, how a gambling problem can affect your family and friends, and how to protect minors. It is one of the best sections we have seen about responsible gaming.