Betfred Colorado Promo Overview
- Bonus Amount: $1,111
- Promo Code: None
- Minimum Deposit: $50
- Minimum Stake: $50
- Minimum Odds: None
- Validity period: 7 days
Up to $105 Back in Fred Bets if Your First Wager Loses 21+. New customers only. Offer available in AZ/CO/IA/MD/OH/VA. No Bonus in PA. Minimum qualifying wager of $20+. Minimum odds of -200. Qualifying wager must settle as a loss to be eligible to claim Fred Bets. Maximum bonus awarded is $105, and Fred Bets must be wagered within 7 days of receiving.
How to claim the Betfred Colorado Bonus
For new customers in Colorado who want the Betfred Colorado bonus, the bonus is easy to get.
All it takes is a few minutes, and you will begin your journey to claiming the Fred bets bonuses in the first five weeks of wagering on the site.
Without wasting much time, let’s get into the details.
- Make an account on Betfred (Get your info ready)
- Fund your Account ( Ensure you deposit a minimum of $50)
- Place a qualifying wager ( The minimum wager amount is $50)
- Get your bonus (You’ll get $111 after your qualifying bet is settled)
- Place more wagers to claim more bonus bets in the next four weeks.
Betfred Colorado promo code
As a Colorado resident, you don’t have to worry about using a promo code when creating a Betfred account, and more importantly, you do not have to use a promo code to claim the Betfred Colorado promo as a new player.
All you need to do is make an account on Betfred, deposit $50, and place a $50 wager to be eligible for the bonus.
How does the Betfred Colorado bonus work?
Now that you know how to claim the Betfred bonus in Colorado, understanding how it works should be the next priority.
After you claim the first $111 bonus, you will be eligible for a 50% refund of your net losses every week up to $200 for four weeks since you signed up.
To put it in perspective, to get the maximum $200 offer per week, you need to lose at least $400. That is because you will be rewarded with 50% of your net total losses for a week up to $200.
Hence, before you claim the $1,111 bonus, you would have lost not less than $200 for four consecutive weeks.
How to use the Betfred Colorado Bonus
The Betfred bonus is given as bonus bets, and as such, it cannot be withdrawn or cashed.
What can you do with the bonus? It is simple! You can place bets with bonus bets.
That way, you can take the winnings from the bonus and keep it if you want or even place more bets with the profit.
Betfred Colorado Bonus Pros $ Cons
In this part of the article, we will examine the advantages and disadvantages of the Betfred Colorado bonus.
We’ll discuss what makes it desirable, and for the sake of fairness, we’ll also x-ray the shortcomings of the offer.
👍 Betfred Colorado Promo Pros
- Excellent Bonus Spread
A feature of the Betfred bonus that stands out is the spread of the bonus bets. After getting $111 the first time, players can get more bonus bets for the next four weeks of making wagers on the site.
The spread gives players access to bonus bets as they gradually become familiar with the Sportsbook.
Knowing that there are bonuses for the first month of playing on the site gives new players assurances.
- 💰 Good Bonus Amount
An aspect of the Betfred Colorado bonus that makes a strong case for it is the bonus amount on offer.
Not many offers out in Colorado can match the bonus amount of the Betfred bonus. A staggering $1,111 to get started is a good amount, helping players with a solid start.
When broken down, up to a $200 bonus is available to players each week for four weeks after claiming the initial $111.
As it stands, only the Caesars Sportsbook offer of $1,250 is higher than the Betfred offer.
- 🦺 Insurance for losses
Another area of strength for the Betfred Colorado bonus is the assurance of bonus bets for losses recorded in the first few weeks of betting on Betfred.
With bonuses in the first four weeks after claiming the first $111, bettors can rest easy knowing there is some consolation in place if the bets are not going as expected.
Betfred Colorado Promo Cons
We have examined the top qualities of the Betfred Colorado bonus. How about drawbacks? Yea, we have identified a few areas that could be improved.
👎 Betfred Colorado Cons
- ⏰️ Short validity period
While the bonus amount is good, the same cannot be said of the validity period.
After each bonus is awarded, players have seven days to use the bonus bets. By all standards, that is a short time for a new player to make good use of a bonus.
Although there are several bonus bets, players could do with an extensive validity period.
- 💵 High Minimum Wager
Another drawback of the Betfred Colorado bonus is that it requires a high minimum wager. To qualify for the bonus bets, new players must deposit $50 and wager $50 to be eligible for the bonus.
The $50 wagering requirement is high and could be a turn-off for intending new players.
Betfred Promo Terms $ Conditions
- This bonus requires a minimum first bet of $50
- This promo is only available to new customers only
- The offer is open to players who are 21 years and above
- Players must be physically present in the available state to be eligible for this bonus
- Bonus bets will expire 7 days after it is awarded
- The qualifying wager must be settled as lost to be eligible
- For more information, visit the Betfred website.
Betfred Colorado Promotions for Existing Customers
The Betfred Colorado bonus is not the only offer available to players who stick with them. There are several promotions for both old and new players.
While new players can claim a sign-up bonus, others who have been with Betfred for longer have access to a wide array of promotions.
Hence, the sign-up bonus is the first of many promotions players can claim on Betfred, while there are many more bonuses after the sign up offer.
Let’s examine some of the top Betfred promotions for existing players.
Betfred Top Promos
- 6⃣️ Betfred Sports Pick 6
The Betfred Pick 6 is a promotion that is aimed at rewarding customers. The offer is a weekly offer that offers players the chance to claim bonus bets.
To claim the bonus bets, you have to answer six of ten preloaded questions correctly. If you are able to provide answers to six of the ten questions you will get bonus bets.
Benefiting from this offer is simple and straightforward with no conditions attached to it. All it takes is answering a few questions.
- 🤳 Social Media Giveaways
All you must do is follow Betfredsports on Twitter, Facebook and Instagram to keep tabs on their latest giveaways.
Beyond promotions available to players on the Betfred app or site, there are other freebies available to players on social media.
The reward for this offer comes in the form of tickets to sporting events on their various social media platforms. To benefit from the offer you need to follow Betfred on all their socials.
Claim the Betfred Colorado Bonus
You are now ready to claim the Betfred Colorado bonus. All you need to do is click the button below to set the process into motion.
Remember, there is up to a $1,111 bonus available to new players who want to join Betfred in Colorado. And loads of other promotions after claiming the sign-up offer.
The bonus is structured so that players can get up to $200 for the net total losses in a week for four consecutive weeks after the initial receipt of the $111.
Up to $105 Back in Fred Bets if Your First Wager Loses 21+. New customers only. Offer available in AZ/CO/IA/MD/OH/VA. No Bonus in PA. Minimum qualifying wager of $20+. Minimum odds of -200. Qualifying wager must settle as a loss to be eligible to claim Fred Bets. Maximum bonus awarded is $105, and Fred Bets must be wagered within 7 days of receiving.
want to see other Colorado sportsbook promos? Have a look at the table below.
Company | Bonus Text | Action | |||
---|---|---|---|---|---|
Up to $1,000 First Bet Back on Caesars |
T&C applied
Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+ only. New customers only.
AZ/CO/IL/IN/IA/KS/KY/LA/MA/ MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY only. Different offer available in KY.
Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. | ||||
Bet $5 Get $200 If Your Bet Wins |
T&C applied
21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA (permitted parishes only)/MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. First online real money wager only (minimum $5). Bonus issued as nonwithdrawable bonus bets that expires in 14 days. See full terms at sportsbook.fanduel.com. | ||||
No Sweat First Bet up to $1,500 + Daily NBA No Sweat SGPs |
T&C applied
No Sweat First Bet up to $1,500 Plus a No Sweat Same Game Parlay Every Day of the NBA Playoffs 21+. New customers only. Offer available in Offer available in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NJ/ NY/NC/OH/PA/TN/VA/VT/WV/WY. Minimum $5 deposit required. Bonus Bets will be paid out within 24 hours of bet settlement. Bonus Bets valid for seven (7) days. One qualifying bet per customer. Opt in req. Separate opt-in required for SGP Insurance promotion. Offer expires 6/23/24. Terms and conditions apply, visit DraftKings to learn more. See full T&C at DraftKings. | ||||
Second Chance Bets Up To $500 |
T&C applied
21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500. Full T's & C's apply, see BetRivers for more details. | ||||
Up To $1,500 In Bonus Bets If Your First Bet Is Lost |
T&C applied
21+. AZ/CO/IL/IN/IA/KS/LA/MD/MA/MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,000. Full T&Cs can be found on betmgm.com. | ||||
No Sweat First Bet Up To $105 |
T&C applied
Up to $105 Back in Fred Bets if Your First Wager Loses
21+. New customers only.
Offer available in AZ/CO/IA/MD/OH/VA. No Bonus in PA.
Minimum qualifying wager of $20+. Minimum odds of -200. Qualifying wager must settle as a loss to be eligible to claim Fred Bets. Maximum bonus awarded is $105, and Fred Bets must be wagered within 7 days of receiving. | ||||
Bet $50, Get a $200 Bonus Bet |
T&C applied
21+. New customers only. AZ/CO/IN/IA/NJ/OH/PA/VA. Must make a qualifying deposit of $10+. Must make qualifying cash wager at odds of -300 or greater. Qualifying Wager must settle within 7 days of opening a new Betway account. The amount of the settled losing bet will be credited back in the form of non-withdrawable bonus bets. Full T's & C's apply, visit Betway for more details. | ||||
Up to $250 in Matched Bets Over Your First 5 Weeks |
T&C applied
21+. New customers only. CO and IA only. Must deposit and wager $10+ within 30 days to become eligible for the 100% Bet Match up to $50 in non-withdrawable bonus bets for five (5) consecutive weeks (maximum total of $250). Bet Matches will only be applied to the first qualifying wager of each week. Promotional weeks begin on Monday, and wagers must be straight bets (no promotional markets) with odds of -200 or greater. Qualifying wagers must settle within seven (7) days of the bet placement. Full T's & C's apply, visit ClutchBet for more details. Must use promo code CLUTCH250 |