The Smarkets sportsbook was launched in June 2020, making it the seventh licensed sports gambling app in Colorado. The sports betting site was released in partnership with Full House Resorts, owners of Bronco Billy’s Casino in Cripple Creek.
Smarkets’ SBK app is an impressive sportsbook that includes some added niche sports not commonly available from other sportsbooks like horse racing. Overall, there are about 500 sports to bet on! Smarkets reviews US also demonstrates the operator’s take on a welcome bonus, so join us for this in-depth Smarkets review to see if it is the operator for you.
Smarkets: Pros & Cons
Created by experienced betting exchange company, Smarkets
Odds offered among the most competitive in the industry
Bonus offer - What Smarkets reviews US revealed of the SBK bonus offer
Smarkets’ Colorado sportsbook app, SBK, offers a refreshingly simple and user-friendly welcome bonus to its new customers. SBK’s bonus deal is a $20 risk-free bet that is not limited to the first wager.
Here’s why this welcome bonus is so unique and a great option for new sports bettors:
Not limited to your first bet: Unlike many sites that offer a risk-free bet applicable to only cover the funds of your initial wager, SBK covers your first $20 losses regardless.
No specific odds requirements: Many sportsbooks require a qualifying bet to have specific odds or higher for the offer to be valid. However, SBK has no odds requirements on their welcome offer, so you can place bets on all markets and games and still receive the bonus funds.
No wagering requirements: Some bonuses come with large playthrough requirements making it difficult to secure the bonus amount, but SBK has no such wagering requirements.
Can be withdrawn as cash: Most sportsbooks offer bonuses in the form of site credits that must be used to place further wagers, whereas SBK offers a cash bonus. And, we are quite sure that SBK may be the only sportsbook in CO that is willing to allow you a cash withdrawal of your bonus funds.
Usability, look & feel — do you mind if I touch that again?
Because SBK is an app and the main platform of the Smarkets sportsbook in Colorado, there isn’t really a desktop site, so if you’re going with Smarkets Sportsbook in CO, you’re going mobile. The mobile app has all the functionalities you would expect from a desktop site, and you can place bets, deposit, withdraw, and keep a record of all your betting activity on this nifty mobile application. Simply download the Smarkets SBK sportsbook app from your iOS or Android app stores.
Smarkets knew that if they were going to give their customers only an app option, it had to be good, and they certainly made sure of that. SBK app is one of the most intuitive and straightforward apps you’ll find among its sports booking contenders. Smarkets reviews us conclude that the app design is innovative and flexible. In addition, there are lots of nifty tools like the tips section, where you can read other players’ pointers on betting, and the auto-accumulator that generates a random parlay bet for you to place — if you want to. Finally, you can choose the layout of your landing page and feature the aspects you’d like to focus on. SBK is definitely at the top of the list of best sportsbooks in Colorado.
Payments - Smarkets sportsbook makes payments easy & convenient
As we’re living in an all-app world with Smarkets’ SBK, all transactions like deposits and withdrawals will also be done on the SBK app.
The SBK mobile sports betting app provides a variety of different deposit methods that Smarkets reviews US approves of:
Credit or debit card — Visa and Mastercard (as long as your issuing bank approves online gambling transactions)
Online wallets — PayPal, NETELLER, and Skrill
Prepaid cards — prepaid credit cards
Online banking transfer — transfer between your bank account and SBK’s online account
PayNearMe — cash deposits at selected retail locations
Cashier at Bronco Billy’s Casino and Hotel in Cripple Creek — cash deposits can be processed here.
The payment methods that are going to be the fastest will be the online payment processors like PayPal, Netflix, and Skrill. On the other hand, the transfer that may likely take the most time is an online transfer from your bank. Moreover, the app’s intuitive design will provide you with all the information you need to make a deposit or a withdrawal successfully.
Customer service - Fantastic Smarkets sportsbook customer support
Great help center section
If it’s help you want, then it’s help you get. Smarkets ensured that help is easy to find mainly due to the fact that they are an app-only service in the state of Colorado. So the first place you can take a peek is the help center on the SBK app, which will basically answer all the basic and most frequently asked questions. The questions are even categorized to help you diagnose your point of interest and find all the information you need about it on one page.
Let’s just call the SBK sportsbook app’s help center the equivalent of an FAQ tab on a sportsbook site — just much more detailed.
However, there will always be those instances where you need the help of a live customer service representative for other types of issues that may relate to deposits or withdrawals, wagering, or other questions. In this case, you can reach the Smarkets customer support team via Twitter, phone, or email. Twitter customer support is very popular for its rapid response rate.
These are the contact details for Smarkets’ SBK customer support if the help center doesn’t provide any answers:
License & security – Smarkets sportsbook is super-safe
Smarkets reviews say it’s one of the best when it comes to security. As Smarkets is trusted by many in the UK and in Europe, you should feel the same when using it in the United States. In the UK and Europe, Smarkets is licensed by the UK Gambling Commission and Malta Gaming Authority. In the States, the operator also needs to adhere to specific licensing requirements.
The state requires all Colorado sportsbooks to obtain a license, but only brick and mortar casinos can apply. Thus, Smarkets has partnered with Bronco Billy’s Casino and Hotel in Cripple Creek to gain market access even though the operator offers an online sportsbook platform.
Smarkets’ SBK operates in Colorado with a license from the Colorado Division of Gaming. The CO-native mobile app, armed with this license, ensures high-end security and safe banking at all times. Moreover, only residents 21 years of age or older are legally allowed to register.
Rewards & loyalty program - Betting with Smarkets sportsbook is one of the biggest rewards
The SBK Smarkets sportsbook runs regular promotions in Colorado apart from their welcome bonus to retain existing customers and keep their massive betting market even more interesting. This is not uncommon as most sportsbooks run promotions, and these promotions often keep customers loyal to the brand after they signed up with a welcome bonus deal. Smarkets like to keep their seasonal US promotions centered around the main US sporting leagues, and it will run huge promotions around the time of the Superbowl or March Madness.
Then, there are also everyday, regular promotions for customers, which include some of the following:
Parlay insurance — returns stake to parlay bettors who lose only one leg.
Odds boosts — boosts the odds for certain bets.
Comeback protection — returns stake when a team blows a late lead.
Unfortunately, Smarkets sportsbook doesn’t currently have a VIP program in CO, but we hope to see one in the near future. Meanwhile, sports bettors can enjoy some of the best offers exclusive to betting with SBK.
Smarkets Sports Betting
Betting markets - plentiful
SBK Colorado offers a broad range of betting types and options, including:
Straight bets: Single game wagers for most sports, including money lines, spreads, and totals. Bet straight winners with the money line, give or take points with the spread, and bet over or under the total score line set by oddsmakers with totals.
Futures: Make season-long bets on things like who will win the World Series or if a team will win more or fewer than a set number of games.
Parlays: Combine straight bets to boost your odds, but remember, you must win every leg to get paid.
Props: Bet on games within a game and whether teams or individual players can reach certain statistical milestones.
Live betting: Bet on games that are already underway at odds that change with the action.
Odds - Competitive odds from Smarkets
Smarkets and SBK are very confident about the quality of their odds. So confident, in fact, that they provide their customers with the SBK Price+.
The SBK Price+ is a unique feature that shows you how the sportsbook’s odds compare to lines from other bookmakers. You can find the feature within the betting interface for quick access. Moreover, SBK usually has the very best odds on the list due to its dramatically reduced margins.
Live betting & streaming – Thousands of live events
SBK Colorado’s live betting option is a major draw for players. Here, you’ll find thousands of live events covered every day where users can practice making their quickest decisions. The live page also displays stats for the various matches, and it highlights previous results. In addition, odds are always displayed clearly and highlighted when these are updated.
Limits - What are the limits like?
For all other casino games in Colorado, the limit is $100. Sports betting is an exception, however, and these sportsbooks will set their own limits. The same applies to online operators like SBK Colorado.
One notable feature both online and live casino operators have adopted is to limit the amount certain players can bet. However, this policy is targeted towards professional sports bettors and not recreational bettors and sports fans just looking for action on their favorite game. Unfortunately, the maximum bet limit for SBK CO could not be found at this review’s time of publication.
Product summary - Smarkets app is a gem
SBK Sportsbook Colorado is powered by long standing betting exchange Smarkets and is, therefore, able to offer odds that often undercut the competition by a significant margin. The odds are the superhero in the story, and the app is the cape around Captain SBK’s neck. Smarkets has provided a superb sportsbook app for residents in Colorado and may even be seen in other states like Indiana in the near future.
This sportsbook has great specs all around with a fantastic welcome bonus to boot, so don’t miss out on Smarkets’ fantastic sportsbook app, SBK.
Smarkets reviews US FAQ
👀Am I eligible to place bets on Smarkets SBK mobile sportsbook?
There are several requirements that make you eligible to place bets on the Smarkets mobile sportsbook app. For example, you need to be physically located in the state of Colorado. However, there are lots of other important details you need to know about SBK CO that are covered in our in-depth expert reviews. So, make sure you read it to get all the details you need about signing up and winning big.
💰Can you win actual money on Smarkets SBK mobile sportsbook?
Yes, you can win money with Smarkets SBK like with other licensed sportsbook operators. We recommend you take a look at our expert guides at TGT to get the gist of the options, betting markets, and odds that SBK offer.
🌎Can I register on the SBK app if I live in the US?
SBK is currently available in one US state, and you need to reside in this state to use the SBK app. However, this situation may change soon with SBK moving to new territories, so if you want to stay up to date with Smarkets US and where you can bet with SBK, read our in-depth Smarkets reviews US!
💎Can I use cryptocurrency as a deposit at SBK?
Smarkets SBK accepts a variety of payment options for their customers, from cash to PayPal. However, not many sportsbook operators accept cryptocurrencies. It’s best to take a look at our expert guides at TGT, where you’ll find a list of the best payment options to choose from.
🔍Is Smarkets legal in US?
Smarkets sportsbook is legal in one state in the US and operates as an online sportsbook. Read our review to find out how does Smarkets work and how you can download the app and start betting with some of the best odds and markets in the US. Our review will show you all the reasons why you don’t have to wonder, “is Smarkets legit.”
Overall conclusion - A great betting site for US bettors
Smarkets sportsbook may not be an all-American’s first choice as, right off the bat, it would seem that the sportsbook may not know enough about American sports. Think again! Smarkets have a dedicated team of American sports analysts that are set on making SBK CO the best American sports betting experience possible.
Along with this, there is also the fact that Smarkets has the best odds in the state since it doesn’t take margins like other sportsbook operators, so you’ll get the sharpest lines combined with the widest variety of options. Combine that with the app’s social community features like getting tips from other bettors and the app’s outstanding functionality, look, and feel, and you’ve got yourself a winner. Moreover, let’s cross our fingers for a Smarkets online casino as Smarkets ratings US is on the rise!
Smarkets reviews US — Smarkets Colorado and the SBK app
The SBK sportsbook from Smarkets launched on 4th June 2020 in Colorado through a partnership with Full House Resorts, owners of Bronco Billy’s Casino in Cripple Creek.
Smarkets has its own sports betting app for CO residents, which takes the user experience to a whole new level. Smarkets sportsbook Colorado/SBK offers over 500 sports markets to wager on, including some niche sports like horse racing. There is also a great variety of tracks, with multiple betting types to choose from and multiple markets to bet on. Smarkets app, called SBK, currently runs a welcome bonus in the form of a $20 risk-free bet that is not limited to the first wager. No wagering requirements, no minimum odds, and all markets available for play make this a great welcome deal. Unfortunately, there is currently no Smarkets online casino in Colorado yet.
Players must be 21 years of age or older to reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council of Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.