MaximBet 4.0

First Deposit Bonus

$1000 bonus

on your first deposit

Get Bonus

4.0

Rated 4 stars out of 5

(Author: Jay Sanin)

Claim Bonus Visit MaximBet

Maximbet Sportsbook Review & Promo Code 2022

MaximBet is owned and operated by the Malta-based iGaming company, and under the Carousel Group in the US.

Previously the sportsbook was launched in 2020 as SportsBetting.com, and later entered into agreement with a men’s magazine. This led to the launch of MaximBet in 2021 and shortly after that, the rebranded sportsbook became one of the most prominent online sportsbooks in Colorado.

This review will cover MaximBet sportsbook’s pros and cons, betting features, promos and bonuses, and how to claim them. You will also find information related to the sportsbook’s pricing, betting markets, and different types of banking options.

Pros & Cons

Pros
  • An easy-to-use interface
  • Proprietary software for better betting experience
  • Exceptional incentives and special offers
  • Prohibitively high betting limits
Cons
  • Few betting options
  • Limited banking options
  • Available only in Colorado
Maximbet

Editor’s Conclusion - MaximBet Boasts Easy Betting

MaximBet is a potential 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. Live streaming and same-game parlay are not yet available. Also, MaximBet's state availability is unfortunately limited only to Colorado.

Bonuses and Promos at MaximBet Sportsbook

MaximBet Sportsbook offers promotions that consist of very competitive bonus money for users in Colorado. These promotions include the welcome bonus, One Out Rally (MLB), 3-Point Play (NBA), and Make The Cut (PGA).

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

MaximBet Sportsbook Colorado

MaximBet Sportsbook currently offers a welcome bonus that new users from the sports betting market can enjoy with its 100% match bonus up to a $1,000 deposit promo. 

This deposit match bonus is available only for MaximBet sportsbook’s new users. Simply sign up using the provided link to claim the bonus, no specific promo code is needed.

Promo Offer:100% up to $1,000 Deposit 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 is set up in a slightly different way than similar offers at other online sportsbooks.

After you sign up, you will get the bonus in four stages. To claim the full $1,000 bonus, you will need to make a deposit four times. MaximBet will give different match bonus up to the fourth deposit with details listed below. 

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

Other terms and conditions apply to this promo are:

  1. All deposit matches will be received within 72 hours in free bet credits
  2. Simply sign up using the provided link to claim the bonus, no specific promo code needed
  3. The bonus comes with a 1X initial wager as the deposit bonus
  4. The free bet credits will be given when you use real cash to place a wager
  5. Unused free bet credits will expire after seven days
  6. Employees of a league, team, or event are unable to bet on their own sports events. Any sports betting enthusiast will also be prohibited to participate if your name appears on any self-exclusion lists for gambling.

Other Promos

Charlie’s Got You Covered

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

Weekend Caddy

Users can bet on which golfer is predicted to win at the US Open, which is part of the PGA Tour. If your hero doesn't qualify, you will get 50% back of the bet you placed

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 that must be placed is $10 and the maximum free bet credit that will be obtained is $10.

How to Sign Up and Claim Promo Code at MaximBet Sportsbook

How to Sign Up and Claim Promo Code at MaximBet Sportsbook

MaximBet does not require any specific promo code. To claim the welcome bonus, users only need to click on each link of the promos and finish the registration process. To sign up for a MaximBet account, you just need to follow a few simple steps.

1 Visit the site by clicking the link on this page.

Visit this link and click register.

2 Complete registration requirements

Give your email address, choose a password, and enter your name, date of birth, last four digits of your SSN, and address.

3 Accept the rules and finish

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

4 ID verification

Then you have to prove who you are. MaximBet will ask you to take a selfie and upload a picture of your driver's license or passport.

5 Make a deposit and place a bet

After you've been approved, you can make a deposit and place your first bet.

Maximbet Sportsbook Loyalty Program

MaximBet Sportsbook is treating its users with the Max Reward Program. The reward program uses a point system where it gives a certain number of points per $1 for different bets or deposits.

Points EarnedBetting AmountBet/Deposit
5 points$1Straight Bets
10 Points$1In-play Straight
20 Points$1Parlays
50 points$1Deposit

The accumulated points will be converted into free bet credits at the end of the month at a rate of $1 for every 1,000 points earned.

MaximBet Sportsbook FAQ

Is MaximBet legal?

MaximBet sportsbook is eligible only in Colorado. Users need to be in Colorado to bet at MaximBet legally.

What device can I use to access MaximBet?

MaximBet online sportsbook is available on the website and mobile app for Android and iOS users.

What is the minimum age policy at MaximBet?

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

Can I use MaximBet outside Colorado?

Unfortunately, you can’t. However, the sportsbook is planning to expand its sports betting market to Indiana, New Jersey and Iowa soon.

Who owns MaximBet sportsbook?

MaximBet sportsbook is under the license of Carousel Group which launched in 2020.

What is the most well-known promo at MaximBet?

The 100% up to $1,000 deposit match is the most famous promo from this sportsbook which applies to new users.

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

You can go to MaximBet’s customer service which operates 24/7 via chat.

What are the available betting types at MaximBet?

Available betting types include moneylines, spreads, over/unders, prop bets, future markets, and live betting.

Betting at MaximBet Sportsbook

Maximbet Logo

AAfter Carousel Group launched SportsBetting.com in 2020, once they were licensed as legal betting online sportsbooks in Colorado, the company locked up an agreement with an evolving men’s magazine to be an outstanding lifestyle brand.

This deal led to the launching of MaximBet in 2021. Later on, SportsBetting.com was rebranded as MaximBet and became one of the most prominent online sportsbooks in Colorado. MaximBet Sportsbook’s easy-to-use platforms are ideal for sports betting fans.

Odds Pricing

MaximBet Sportsbook has high performance among other legal sportsbooks like BetMGM, FanDuel, DraftKings, or PointsBet, especially when sports betting enthusiasts compare the moneylines and spreads for a variety of games.

Where MaximBet falls short of competitors is in the prop bets and less crowded sports betting markets.

Betting Markets

Even though Carousel Group built the wagering platform and the brand is considered new compared to many of its illustrious competitors, MaximBet Sportsbook provides a variety of betting options listed below to improve your betting experience.

Available Betting Types at MaximBet
MoneylinesSpreadsOver/UndersProp bets
Futures MarketsLive Betting and more

MaximBet online sportsbook offers many sports options that bettors can choose from. The available sports are listed below.

Available Types of Sports at MaximBet
BaseballBasketballBoxingCricket
TennisDartFootballGaelic Football
Gaelic HurlingTable TennisGolfHockey
Motor SportsRugby LeagueSoccerRugby Union
Snookerand more

Live Betting

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

Live Streaming

No information about MaximBet sportsbook’s live streaming feature has been found so far.

Cash Out Function

Users can withdraw their winnings using Skrill or Mazooma. However, there is no detailed information about the cash out function, where users can get their money from the bet at any time, even before the sports event is over.

Same Game Parlay

MaximBet does not 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 a fairly wide range of live sporting events at MaximBet. You'll find play-by-play updates and statistics for sports like baseball, basketball, and soccer.

Parlay Party

If you place successful parlays, you will receive free bet credits. On a successful four-leg parlay, it will offer you 25% of your earnings as a free bet. 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 odds enhancements and bets of the day.

Other Products at MaximBet - MaximBet Play and Casino

MaximBet Play

MaximBet Play is a free sports prediction application that is the result of the collaboration between MaximBet and Splash Tech. This is one of MaximBet's strategies to expand its customer base in the US and Canada.

The platform allows the company to engage with users across the state regardless of the legality of sports betting. This is because MaximBet Play can be used for free so the usual sports betting laws and regulations do not apply.

This free operating platform is the fundamental difference between MaximBet Play and MaximBet Sportsbook. It also allows for lower risk and reward.

Apart from being monetized, the betting games offered by MaximBet Play will also tend to be more limited compared to MaximBet Sportsbook. Even so, this platform can be an alternative for users who don't want to take too high a risk in sports betting.

MaximBet Casino

Earlier this year, MaxBet Online Casino announced its launch in two new US markets, Indiana and Iowa. This is part of the ongoing national expansion strategy. In addition, the company also hopes that the expansion can continue this year to several North American markets.

MaximBet Sportsbook App

Maxim

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

Carousel Group has built a mobile app that was also formed by highly experienced top executives with more than a decade of collective experience in the gaming and sports betting industry. The technology used in the book is made in-house. Overall, it has a clean look, with navy, white, and some interesting red and blue colors that make it stand out.

The MaximBet app can be used on both Android and iOS devices. Just head over to MaximBet.com and download the mobile app through the available link.

Now, let's take a look over some of the key parts of the MaximBet sportsbook app so you know what to expect about the mobile app compatibility, app speed, stability, design, and the betting UX.

Speed: MaximBet app is fast enough. Despite a slight lag between accessing the promotions page and returning to the betting pages, it only takes a split second. Getting around and placing free bets is quick and easy.

Performance: Both experienced and new sports betting enthusiasts will find no issues with the MaximBet sportsbook app. It's easy to find the popular sports and online casino games you want to bet on. The color scheme also facilitates reading in both dark and light environments.

Markets: MaximBet online sportsbook wagering options should satisfy most fans. You can bet on all major US professional and college leagues as well as major international leagues.

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

Betting slip: One of the best features of the MaximBet betting slip is that you can see all your betting options without clicking anything. If you have multiple picks, single bets come first, then parlays and round robins. Just be careful when scrolling because clicking on the wager will bring up your keyboard, obscuring your betting options.

Interface: The app's layout is good. The page's bottom bar is the most useful. There are links to the homepage, live betting, your bet slip, and other important areas. The three bars in the upper left of the screen opens the main menu, where you can find more information about MaximBet Sportsbook. 

Cashier: The green deposit button at the top of the screen is one of the easiest deposit methods. To withdraw your MaximBet bonus code, simply 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 Android and iOS users. To download the mobile app, simply 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 on the download button according to your mobile compatibility (Android or iOS)
  3. Once the mobile app is downloaded, run the .apk to install it
  4. If you’re new, sign-up to create a new account
  5. If you already have an account, simply login to your account
Min. Android/iOS VersionAndroid 4.1+ Jelly Bean or iOS 12.0 or later
PermissionApplications can be used by requesting permissions depending on the location.
Download size102.8 MB

State Availability

After Carousel Group launched SportsBetting.com in 2020 once they were licensed as legal betting online sportsbooks in Colorado, the company locked up an agreement with an evolving men’s magazine to be an outstanding lifestyle brand.

This deal led to the launching of MaximBet in 2021. Later on, SportsBetting.com is rebranded as MaximBet and become one of the most prominent online sportsbooks in Colorado.

As founder and current chief executive, Daniel Graetzer, who previously worked as a director at Spanish company Mediatech Solutions, now is able to lead Carousel Group to get $50 million from Nasdaq-listed Chinese company ZKIN International Group.

The investment is extremely beneficial to ensure their expansion plans. According to their release, their aim is to capture “a significant share” of the U.S. online futures betting markets.

It is likely to spread to more states. According to the recent update on MaximBet online sportsbook website, the MaximBet sportsbook will open "soon" in Indiana, New Jersey, and Iowa.

Some places that could potentially expand include, but are not limited to Indiana, New Jersey, and Iowa. Other potential states include Illinois, Michigan, Tennessee, Virginia, and Arizona.

StateLicense PartnerLaunch Date
ColoradoJohnny Nolon’s CasinoSeptember 16, 2020
IowaN/ASoon
IndianaN/ASoon
New JerseyN/ASoon

Banking Options at MaximBet

MaximBet lets bettors use a number of different ways to deposit and withdraw money. You can move money into your account quickly and safely using the options that are available. 

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 OptionsMinimum AmountPayment TypeProcessing Time
Visa or MasterCard Debit/Credit Card$10Bank TransferInstant
Skrill$10Bank TransferInstant
Mazooma (online bank transfer)$10Bank TransferInstant

How to Deposit at MaximBet Sportsbook

  1. Log in to your MaximBet account
  2. Hit the green deposit button at the top of the screen
  3. Choose your payment methods
  4. Enter your deposit amount

Withdrawal methods

Banking OptionsProcessing TimePayment TypeMinimum Amount
Skrill1-5 daysBank Transfer$10
Mazooma (online bank transfer)1-5 daysBank Transfer$10

Customer Support

Logging into your account and using the chat feature, which is available 24/7, is the easiest way to get in touch with MaximBet's customer support team.

Apart from that, 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 you can ask for a MaximBet representative to call you back.

Responsible Gambling

MaximBet has a section called "Responsible Gambling," which is made up of many different pages. There are detailed guides on how to set limits on how much you can bet on sports betting, how much you can deposit, and how long you can play.

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 being responsible for gambling.