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The Colorado sports betting market is gaining another new online option in the near future. Soon, PlayUp Sportsbook will debut in the Centennial State, which is still relatively new to the industry. In the meantime, try one of these top sportsbooks. Colorado’s market has been up and running since May 2020. It already features almost 20 online sports betting apps.
PlayUp is joining the list of available sportsbooks soon. The DFS and sportsbook provider is based in Australia and offers services in India and New Zealand. The online sportsbook partnered with Bull Durham Casino in Black Hawk to launch in CO.
Although it hasn’t been released yet, it wouldn’t be surprising to see PlayUp expand into other parts of the US eventually. Online sports betting is becoming more popular as additional states make it legal. This review reflects what we expect to see from PlayUp Sportsbook.
PlayUp Sportsbook welcome offer
PlayUp will likely provide its new US customers a quality welcome offer for joining the online sportsbook. The best betting apps give new bettors an incentive to choose their products.
While we won’t know exactly what PlayUp intends to offer until it launches, we have a general understanding of the possibilities. Welcome offers usually come in one of three variations. The best online sportsbooks in the US typically offer at least one of the following:
Deposit-match bonus
A deposit match is among online sportsbooks’ most common welcome offers. This bonus rewards you with additional funds depending on how much you initially deposit onto your account.
Many sportsbooks offer a full 100% match on your first deposit up to a certain amount. Of course, this varies around the country and by the sportsbook, but this deal has previously appeared for as much as $1,000.
This means that, at a matching rate of 100%, if you deposited $1,000 of your own money onto the sportsbook, then you would have a total of $2,000 in your account.
It wouldn’t be surprising to see PlayUp utilize this type of bonus offer when its sportsbook begins accepting wagers in the US.
Risk-free bet
Another very popular welcome offer is the risk-free bet. Many online platforms around the country provide this form of bonus where you receive insurance on your first wager with the sportsbook.
Similar to the deposit match, this is usually only available for your initial bet after making a deposit.
Instead of giving you bonus funds for how much you put in your account, the online sportsbook will refund you in full if you lose your first bet. The amount tends to differ across the board; however, risk-free bets have previously been available for around $500.
If you wager $500 on your first bet, the online sportsbook will credit your account with $500 if you lose. If you win the wager, you only receive your regular winnings. This is another viable option for PlayUp to offer its customers when the online sportsbook is up and running.
Every day, the Top college and pro sports betting odds and picks can be accessed and made at PlayUp.
