Sports Betting Sites / PointsBet Promo Code CO: Get bonus bets with the bonus Code from PointsBet Colorado
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PointsBet Promo Code CO: Get bonus bets with the bonus Code from PointsBet Colorado

Last Updated on 02/25/2024
Fact checked by: Vicky Winters

Take advantage of an extra boost in cash with the Promotion offer from PointsBet Colorado

There’s a great PointsBet CO promo code on at the moment and we’ve got this guide to tell you all about it.

The PointsBet Colorado bonus code is a deal for new customers that essentially gives you a second chance on your first five bets at this online sportsbook in Colorado. However, it’s got a fair amount of technicalities embedded in the small print that govern how you can get up to $500 in bonus bets. We’ll discuss this below.

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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 $2000 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+

The basics of the PointsBet sign up bonus in Colorado

So, in this deal, PointsBet is giving you five ‘second chances’ at making a winning bet. It’s kind of like a no sweat bet, where if one of your qualifying bets loses, the sportsbook will refund your stakes by 100% up to $100 in site credit.

This means you could end up getting up to $500 if you have a bad run when you first sign up to PointsBet. The key thing to remember is that you will only get a ‘second chance’ if your bets are made on your first five successive days at this online sportsbook.

It’s a great deal and one that is well-suited to anyone nervous about putting down their first sportsbook bets. However, even experienced pros will encounter those nasty losses every now and then. This deal offers you a great way to get a second chance to try again.

An example of how the PointsBet CO promo works

We thought it would be useful to walk you through how we claimed this deal and put it into action. Here’s what we did:

1. Register a PointsBet account for the first time

This can be done simply by clicking on the red ‘Sign Up’ icon, confirming that you are playing from Colorado and then you’ll see that the promo code section is already filled in. Next you’ll have to enter your name and email.

2. Verify your identity

This means providing some proof of your age. You can do this by uploading a scan of something like your passport or driver’s license. 

3. Make a deposit

You can add money to your account via Visa, Mastercard, PayPal or ACH bank transfer.

4. Place a qualifying bet

Here you just have to make a bet of $0.50 or more on any of the fixed-odds betting markets. If it loses, you’ll receive your bonus bet refund, and if it wins, you will receive your winnings as normal.

5. Use your bonus bets

Now you can use your bonus bets as stakes for your next round of sports bets. You can repeat this process four times to remedy those bruising losses.

Key terms of the PointsBet sign up offer in Colorado

There’s a lot of small print with this special offer, and we have carefully outlined the most important points below:

  • Only one bonus at a time: Perhaps the most obvious part of this deal is the fact that you can’t use this special offer with any other bonuses, nor can you use your bonus bets to claim any of the sportsbook’s other deals.
  • Qualifying bets: It’s also essential to note that only your first bet of that day will qualify for the no sweat bet. Even if you made a parlay bet, only the first selection in the bet will count. Plus we should note that your bets have to be made on five consecutive days, so if you miss out one day, you’ll only get four no sweat bets.
  • No cashing out: Remember that cashed out bets won’t qualify for this deal, and you can’t cash out your bonus bets early either.
  • Don’t use boosts: You won’t be able to use this deal with any odds boosts or special offers like the PARLAYBOOSTER.

Just remember that sportsbooks are notorious for changing the terms and conditions of their promo offers without telling anyone. So make sure you read through the fine print before claiming this deal.

Tips for using the PointsBet sign up bonus in Colorado

We realize that not everyone has used no sweat bet deals like this before. So we’ve prepared this shortlist of handy tips you can use to make the most out of this special offer.

Remember that it’s just bonus bets

The bonus bets that you get as a refund have no actual cash value and they cannot be withdrawn. As such, there’s every chance you might lose your next round of bets with these bonus bets. It might be wiser to keep your qualifying bets smaller in the first place. 

Keep the time limits in mind

It’s important to note that you will only get seven days to use your bonus bets. This means you shouldn’t use these bonus bets on any long-range futures bets, like on the winner of next year’s Super Bowl. Instead, think ahead to which sporting events in the next week could offer you the best use of your bonus bet tokens. 

Plan signing up carefully

It’s also wise to think about when you should sign up to PointsBet in the first place. After all, you will have to make five qualifying bets over five consecutive days. Look at the sporting calendar to see when there are five days of sporting action consecutively. Then you can put your expertise to good use. 

Divide your bonus bets

One of our favorite things about this deal is that you don’t necessarily have to use your bonus bets all in one go. Instead, you can split each bonus bet token into four smaller amounts of $25 each. This means you will get many more options to actually have a chance of winning with one of your bonus bets. 

Try live betting

By looking through the bonus terms and conditions, we can see that you can use these bonus bets across the live betting platform at PointsBet. This is great news because live betting frequently opens up much more value as the odds will be changed in correspondence to the live action.

Make a parlay

You can also use your bonus bets as some kind of parlay. This is good news because you can make some fair returns from a successful parlay bet, even if you put down a small betting stake. With this in mind, it’s important to remind you that there aren’t any minimum odds requirements with this deal. This means you can pack your parlay bet with selections that are all surefire favorites to give yourself an even better chance of making a win.

Conclusion - Our take on the PointsBet deposit bonus in Colorado

We think PointsBet has done a good job with its welcome offer. While lots of other sportsbooks have no sweat bet deals like this, this one is nicely spread across your first five days at the sports betting platform. This means that you could enjoy lots of bets with a handy safety net making sure that any losses sustained won’t hurt too much.

There aren’t too many downsides with this deal. There are no minimum odds requirements, and you can use your bonus bets across different sports and bet types. All of this is enough for us to recommend that you sign up to PointsBet in Colorado and claim this special offer.

Sports Bonus
Sports Bonus
First Bet Safety Net up to $2000 OR Bet $5 and Get $200
Free Bet
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 $2000 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+

PointsBet Colorado promo code FAQ

❓How does a PointsBet deposit bonus code work?

Check out our guide to see how the PointsBet Colorado bonus code can boost your qualifying deposits. Perfect for anyone who wants a helping hand at one of our top rated sportsbooks.

🏆Which is the best PointsBet promo code?

We think you are going to love the latest PointsBet CO promo code. It’s probably the best kind of PointsBet promo code that we’ve seen to date. And we’ve even written an in-depth guide to using this special offer.

👀Can I get a PointsBet deposit code as an existing user?

Make sure you read our guide to see if you can get any PointsBet CO bonus codes as an existing customer. After all, while we’ve profiled the best sportsbooks with sign up bonuses, we need to see what else is out there for loyal users of this online betting platform.

🎁What is the PointsBet sign up offer?

The current PointsBet Colorado promo code is a great deal that’s only available to brand new customers at this online sportsbook. Read our guide and see how you can use this deal across all of the amazing odds found in our PointsBet review.

👤Who can get a PointsBet deposit match code?

Take a look at our guide to see who can get the latest PointsBet CO bonus code. After all, every sportsbook bonus will have strict requirements about who can claim these special offers.

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