Punters in Colorado now have the opportunity to enjoy online sports betting legally. This was made possible by the decision taken by the State Legislature as well as the Colorado Division of Gaming to relax the restrictions that had been placed on online sports betting activities. The decision saw numerous operators rush to apply for operating licenses in the bid to become the pioneers in Colorado’s online gaming industry. One such operator that was quick in applying for an operating license is SportsBetting.com. SportsBetting.com’s application was approved and now, it allows punters to register their accounts and place bets online. While this is indeed great news, what makes the bookmaker even more impressive is the fact that it offers all newly registered punters a lucrative welcome offer. Below, we check out in detail SportsBetting.com’s Welcome Offer.
The welcome offer that all newly registered punters benefit from is as follows – if the punter’s losses during the first week exceed winnings, the bookmaker will cover 100% of the difference up to $500. Winnings are calculated by adding up the bet returns of all winnings bets. The bet stakes are not included. Likewise, losses are calculated by adding up the bet stakes of all losing bets. In practice, what this means is that if during the week the punter wins $50 but lose $100, then the bookmaker will grant the punter $50 in free bet credits, making this a risk free bet. Another example is that if during the week the punter wins $400 but loses $500, the bookmaker will grant the punter $100 in free bet credits.
Who Qualifies for the Welcome Offer?
The Welcome Offer bonus is specifically designed for all new punters who register their accounts at SportsBetting.com.
Welcome Offer Rules
There are a few requirements that all eligible punters have to meet in order for them to claim the Welcome Offer. The requirements are as follows: