Sports Illustrated Sportsbook Colorado Promo Code & Sportsbook Review 2022

SI Colorado’s sign-up bonus won’t blow you away in terms of its size, but it will allow you to become acquainted with the app and see if it’s for you. You’ll receive a free $60 bet after placing a wager of at least $10 with minimum odds of -200.

The free bet must be used within seven days of being credited to your account and any winnings from your free bet won’t include the $60 free bet. For example – let’s say you use your $60 free bet on an event with +100 odds. Typically, you would receive a total of $120 back ($60 wager + $60 in winnings). With this promo, however, you would only receive the winnings as cash. This is standard in the industry.

Comparatively, there are better signup bonuses available. At BetRivers, for example, new users receive a real-dollar match of up to $250 on their first deposit.

As far as ongoing offers for current users, SI Sportsbook offers a “Perfect 10” promotion. This is a free prediction game staged every Monday, Wednesday, and Friday. You’re tasked with picking the winner of 10 selected games, and you could win $10,000 in free bets. SI Colorado also awards free bets depending on how many games you get right.

Does SI Sportsbook Deal Competitive Odds?

You’ll find some quality odds at SI Colorado, but it’s important not to rely on any one sportsbook. Bettors should have multiple accounts at different books to compare odds and find the best numbers and prices for their bets.

The Colorado Avalanche recently captured the third Stanley Cup in franchise history. Let’s examine the odds available for Game 3 of the 2022 NHL Western Conference Finals between the Avalanche and Edmonton Oilers at SI Sportsbook, DraftKings, and FanDuel.  

Colorado was a road favorite at Edmonton after the Avs dominated in the first two games at home in Denver. Sportsbooks charge a fee to handle your bet, and it is known as the vig. Based on the odds offered at SI Sportsbook for this game, the vig computes at 4.70 percent. That compares to 4.14 percent at DraftKings and 4.53 percent at FanDuel. You’d want to make a bet on the Avs at FanDuel because they have the best odds available at -126.

SI Sportsbook and DraftKings both offered the best odds on the Oilers at +110. No single sportsbook will offer the best odds on every game. That’s why we recommend opening multiple accounts with different sportsbook operators that are legal in Colorado. This will allow you to shop around the industry for the best odds on your bet.

Does SI Sportsbook Have Moneyline Odds?

Yes. Moneyline odds are dealt on teams to win a game outright. The margin of score doesn’t matter. Here’s the betting line for the July 1 MLB game between the Diamondbacks and Rockies.

SI Sportsbook had slightly better odds on the Rockies at -118. This means a $118 bet on Colorado will return $100 if the favored Rockies win. The D-backs were being offered at even money at both books. A $100 bet will pay out $100 if underdog Arizona wins the game.

Shopping Around for the Best Futures Odds

Futures odds have a tendency to fluctuate more than spread and total bets. These odds are offered on season-ending events like the Super Bowl. At the time of this writing, futures odds on the Denver Broncos looked like this:

Broncos Super Bowl 57 Futures Odds

SI Sportsbook

+1600

BetMGM

+1600

DraftKings

+1600

In a rare example, all three sportsbooks offered identical odds on the Broncos to win Super Bowl 57. But what if you wanted to bet on the NY Giants? SI Sportsbook was dealing the G-Men at +6600 and DraftKings offered them at +13000. You could more than double your money by making the bet at DraftKings. FanDuel fell in the middle at +8000 futures odds on the Giants. Always shop around for the best odds on your bets. It pays in the long run.

Updated 6/30/2022 

This is a category where SI Colorado receives a good score. As of June 2022, SI Sportsbook’s A to Z list of sports included:

• Aussie Rules Football
• Badminton
• Baseball
• Basketball
• Boxing
• Cricket
• Cycling
• Darts 
• eSports
• Football
• Golf
• Handball
• Hockey
• MMA
• Motor Racing
• Rugby
• Snooker
• Soccer
• Table Tennis
• Tennis
• Volleyball

That’s a stout selection of sports. SI Sportsbook Colorado also offers esports, which aren’t usually available at commercial sportsbooks. You’ll also find plenty of ways to get action at SI Sportsbook.

Straight 

Straight bets can be made using the point spread, which adds and/or subtracts points from the teams’ final scores. If you’re betting on the Denver Broncos at -3 vs. the Las Vegas Raiders, the Broncos need to win by four points to cover the spread. 

Moneyline 

With moneyline bets, you simply need your chosen team to win the game. The final margin of the score is irrelevant. 

Total 

These are also known as over-under bets. The game’s total is the combined number of points scored by both teams. You’re betting “under” or “over” the game’s posted total. Using the example above, let’s say the Broncos and Raiders have a total of 47.5. You will need both teams to combine for at least 48 points to cash an “over” bet. The “under” bet will win if a maximum of 47 points are scored by both teams.

Prop Bets 

Prop bets are wagers not directly related to the actual outcome of the game. The number of strikeouts a pitcher will have in a game? That’s a good example of a player prop. Team props are also available. Which team will be the first to score 20 points in the game? That’s a standard team prop bet. 

Live Bets 

Live bets are also known as in-game wagers. They are made after a game has started. New odds are released on a real-time basis depending on how the game is progressing.

Parlays 

Parlays are wagers with multiple bets (or legs) that all have to be correct for you to win. The more legs you include, the higher the payout will be. But it’s inherently harder to win these bets. Search for free online parlay calculators that will give you your implied probability of winning and potential payout.  

Teasers 

Teasers allow you to adjust the points in your favor. You must have at least two teams coupled in these bets, and they both must cover the adjusted point spread.  

Futures 

The best example of futures odds? Betting on the winner of the next Super Bowl at any time of the year. At the time of this writing, SI Sportsbook offered the Denver Broncos at +1600 to win Super Bowl 57. A $100 bet would return $1,600 if the Broncos win the Super Bowl next year. 

How To Register For An SI Colorado Account

Download app: Apple iOS users will do this at the App Store, and Android users will find the SI Sportsbook app at the Google Play Store. Be sure to use the exclusive promo code above to ensure you receive SI Sportsbook’s signup bonus. The actual registration process is quick and easy. Supply some personal information including your name, date of birth, email address, mailing address, phone number, and Social Security number. SI Sportsbook will send you a follow-up email to have you confirm the information and verify your new account.

Fund your account: For deposits, SI Sportsbook offers online banking, credit or debit card, PayPal, Play+ prepaid card, Neteller, PayNearMe, and wire transfers. 

Make your first bet: Navigate to the league of choice on SI Sportsbook’s app, tap the game of interest, and click the odds for the team you want to bet on. Enter a bet amount, confirm the selection, and submit the wager.

Withdraw your winnings: SI Sportsbook offers the following options for withdrawals: online banking, credit or debit card, PayPal, Play+ prepaid card, Neteller, PayNearMe, and wire transfer. 

There are some standout features on the SI Sportsbook Colorado app. The cash-out feature allows bettors to withdraw a portion of their winnings before a game ends. There is also a bet feed feature that allows you to see the most popular bets being made at any given time.

SI Sportsbook offers live betting, as well. Live bets are also referred to as in-game or in-play wagers. They are made when a game is already in progress. SI Sportsbook offers in-game betting on various sports including, but not limited to football, baseball, basketball, hockey, auto racing, and more. Live betting is even available on esports!

As a relatively new sports betting app in a mature Colorado marketplace, there may be some growing pains before SI Sportsbook is on par with industry leaders, such as BetMGM, DraftKings, and FanDuel. At the time of this review, SI Sportsbook’s sports betting app had a 3.7 rating out of five stars at the App Store after 500+ customer ratings.

You have to take some customer reviews with a grain of salt. Sportsbooks can often receive unwarranted criticism from bitter bettors who’ve lost money on their site or app. We think SI Sportsbook will only improve over time as many of its competitors have done in the past.