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Betfred Promo Code CO: Get your hands on the latest Promotional offer from Betfred Colorado

Last Updated on 04/11/2024
Fact checked by: Vicky Winters

Get a head start with extra cash from the Betfred Colorado Promo

If you register your new account today using our Betfred Colorado promo code, you can claim a welcome bonus worth up to $1,111. This is an offer that should appeal to both experienced and novice bettors.

To claim the first part of the bonus, you simply need to bet $50 or more to get $111 in bonus bets. The second part of the bet consists of no sweat bets over a five week period worth up to $1,000. All of this has been explained in more detail for you below.

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Bet365
Sports Bonus
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First Bet Safety Net up to $1000 OR Bet $5 and Get $150
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At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

What exactly do you get with the Betfred CO bonus code?

As explained briefly above, the offer that our Betfred promo code unlocks is split into two parts. If you deposit and bet at least $50 on a single line for your first wager after opening your account, you will get $111 in bonus bets. It doesn’t matter if your $50+ qualifying wager is a winner or a loser, you get the bonus either way.

The second part of this offer involves 50% no sweat bets worth up to $200 each week for your first five weeks as a Betfred account holder. For this part of the offer, you will only get your bonus bets back on losing wagers, with the value of each bonus bet being equal to 50% of your losing stake.

Betfred Sportsbook Promo Code Colorado - How it works

For example, if you place $50 on a single bet and it loses, you will be given a bonus bet worth $25. You can rinse and repeat this process each week for five weeks, with the maximum amount of bonus bets that you can receive each week being $200.

As you can claim up to $200 over a period of five weeks, there is the chance to get a maximum total of $1,000 in no sweat bets. When you combine this with the fact that you get $111 with your first $50 bet, there is a total of $1,111 in bonus bets up for grabs here.

Betfred sign up bonus Colorado - What you need to know

All Betfred bonus bet tokens must be used on bets at odds of at least -200 or greater. As far as minimum odds limits go, these are more than reasonable. Besides that, there are no restrictions with regard to what sports, markets and bet types you can use your bonus bets on.

As is standard with most sportsbook promo codes and promotions, the value of each bonus bet is not included in your return should you win. With a real money bet, your stake value is returned to you in the event of a win. However, with a bonus bet, you just receive your winnings.

For example, if you win a $10 bonus bet odds of +150, your returns would be $15, as opposed to $25. This is a condition that is applied to literally every other similar bonus in the US.

The reason being that were this condition not applied, the sportsbook would effectively be giving away free money. Ultimately, this would result in the sportsbook going bankrupt very quickly.

Who can use the Betfred Colorado bonus code?

In order to be able to use this promo code and be eligible to claim the welcome bonus that it unlocks, you need to meet the following criteria:

  • You must be 21 or older in accordance with Colorado state online gambling laws.
  • You need to be physically located in Colorado at the time you are registering your account. Non-Colorado residents can claim the bonus and use the Betfred app while inside state lines.
  • Employees of Betfred or affiliated companies cannot claim the bonus or create an account.
  • The bonus is limited to one per household and/or IP address. Therefore if someone else that you live with already has an account, you will still be able to create one, but won’t be able to claim the welcome bonus.
  • If you have put yourself on a self-exclusion gambling list, you will not be able to create an account and use our Betfred CO promo code to activate this offer.
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First Bet Safety Net up to $1000 OR Bet $5 and Get $150
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Bet365 Highlights
  • Massive range of sports betting markets
  • Quick withdrawals
  • Smooth app to navigate
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

How to claim the Betfred deposit bonus in Colorado

If you meet the above criteria, then the process of using the promo code and claiming the offer is extremely simple. Effectively, you just have to complete the following three steps:

  1. Registration
  2. Deposit
  3. Wager

More details of each of these three stages have been provided for you below:

Registration

The first thing that you need to do is complete the registration form:

  1. Once you are on the Betfred website, you will need to download the app.
  2. When the app is downloaded and opened, click on the β€œRegister” button.
  3. Enter your email address, then create your username and password.
  4. Provide personal details, including full name, address and date of birth.
  5. Create your security questions and answers for 2FA.
  6. Enter our Betfred CO promo code.
  7. Read the T&Cs and then click the box to confirm that you have done so.
  8. Click the checkbox to confirm that you are 21 and older – further verification will be done later using your SSN number.
  9. Read over everything that you have entered.
  10. Hit the large button at the bottom of the form to complete your registration.

Deposit

The minimum amount that you need to deposit in order to claim the Betfred sign-up offer in Colorado is $50. You can make your deposit using one of the following payment methods:

  • Credit card: Visa, Mastercard and AmEx
  • VIP preferred/ ACH/ eCheck
  • Play+ prepaid card
  • PayNearMe
  • Cash at casino cage (Saratoga Casino in Black Hawk)

Wagering

Your first qualifying wager needs to be placed as a single stake of at least $50 on any sports market available on the app. More information about the pre-game and in-play betting options can be found in our main Betfred review. Your qualifying bet must be a single stake and cannot be split across multiple bets.

Once this bet has been settled (win or loss) you will receive your initial $111 in bonus bets. The wagers made for your subsequent no sweat bets of up to $200 each week for five weeks can be of any amount. However, you will only get a bonus bet worth 50% of your initial stake’s value on losing wagers for this promotion.

What other Betfred CO promos are available?

As well as this offer for new customers, you will also find plenty of other bonuses available for new customers at Betfred. These can include combo bet bonuses, odds boosters and other offers for specific sports. There is also a VIP program that you can benefit from as a loyal customer at Betfred.

Colorado sportsbook bonuses are always subject to change, and even the $1,111 offer spoken about in this article won’t last forever. However, we always strive to bring you the best and most up-to-date online gambling offers in CO as and when they are released. You can read through our other sportsbook reviews and keep an eye on our bonus banners for new and exciting promotions.

Betfred Colorado bonus code - Conclusion

At the end of the day, this is a very flexible offer that we believe is fitting for all bettors – from experienced high rollers to keen newbies. The offer is also flexible in terms of budget, so there is no need to push the boat out and claim more than you can realistically afford.

Lastly, the only notable restriction that is applied to your bonus bets is the -200 minimum odds requirement, which is more than reasonable. Other than that, you are free to use your bonus bets on pretty much any sport or market. As a result, this promotion should suit you, no matter which sport(s) you follow and want to wager on.

Sports Bonus
4.7/5
Bet365
Sports Bonus
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
|
Copy
Get Bonus
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

Betfred Colorado promo code - FAQ

🏈 What is the promo code for Betfred sportsbook CO?

You can find the largest Betfred CO bonus code here on our website. As well as that, you can also find details about all of the bonus offers that are available for new account holders and sports bettors on this app in Colorado.

πŸ† How do I claim the bonus for Betfred Colorado?

Claiming this offer is extremely easy, and all that you have to do is follow the simple steps that have been provided here at Ballislife.com. The first thing that you will need is the latest promo code, which is something that you can also find on our website.

πŸ‘€ Who is eligible for the Betfred bonus in Colorado?

Discover the exact eligibility criteria for claiming the Betfred promo code in Colorado in this article. This information has been researched and provided by our online sports betting experts for the state of CO. We keep the site updated regularly and so recommend that you bookmark this page for more promotions and offers.

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