theScore Bet is one of the most popular multi-sport news apps currently available on Apple and Android devices. It boasts a monthly active userbase of over 4 million, 67 percent of whom reside in the U.S.
After such unprecedented success reporting data and current events to the domestic market, the digital media company is shifting its focus towards providing a top-tier sports betting experience for customers in Colorado.
Score Media launched theScore Bet on Sept 3, 2019, making history as the first North American media company to create and operate a mobile sportsbook in the U.S. The platform first went live in New Jersey, just in time for state residents and visitors to take advantage of betting lines on the NFL regular season.
When Will theScore Bet Be Available In Colorado?
theScore Bet received the necessary licenses to operate in Colorado via a market access agreement with Jacobs Entertainment Inc. This will allow them to offer their sportsbook to consumers when the first legal sports wagers will be placed statewide. While Founder and CEO John Levy has not stated an official Colorado launch date, he has announced the company “can’t wait” to roll out the platform “later this year“. We expect theScore Bet’s mobile sportsbook to launch on or around May 1, 2020.
Where Is theScore Bet Currently Available?
New Jersey residents and visitors are currently the only users able to take advantage of theScore Bet’s gambling services. However, Score Media is planning for a ‘multi-state rollout’ of the mobile sportsbook, beginning with Indiana and Colorado before the end of this year. The company has made strategic partnerships, offering them market access to several additional states that have yet to legalize sports betting.
Does theScore Bet Hold Partnership Agreements In Colorado?
Score Media entered a market access partnership with Colorado-based gaming and hospitality company Jacobs Entertainment Inc. The 10-year agreement allows them to operate theScore Bet’s wagering platform in Colorado and Nevada, in addition to a handful of states pending the passing of necessary legislation.
2019 marked a pivotal year for the sports betting industry in the U.S., as New Jersey became the first state to welcome the practice within its borders. theScore utilized this groundbreaking news to its advantage, announcing a 20-year partnership with the largest regional gaming firm on the continent, Penn National Gaming. In addition to New Jersey licensing, theScore Bet mobile sportsbook was immediately granted the ability to operate in Mississippi, Texas, and eight other states where their partner currently holds licenses.
The National Basketball Association and theScore also came to a multiyear agreement in early 2020, giving the platform access to official NBA data for its online and mobile betting experience.
What Sports Are Available For Betting On theScore Bet?
theScore Bet offers betting lines on a majority of the sports it covers on its famed mobile news application. These sports include all four major domestic sports leagues (NFL, NBA, MLB, NHL), as well as various international sporting events. eSports is also available on the platform, making theScore Bet one of the few operators offering bettors the opportunity to place wagers on one of the fastest-growing sports in the U.S.
The following sports are available for wagering on theScore’s mobile betting app:
You will find most of your common bets on theScore, such as money line bets, over/under, spread betting, and parlays. theScore’s mobile betting platform also allows users to place live bets while watching their favorite sporting events.
How Do You Deposit Cash Into Your theScore Bet Account?
Deposits are made simple for mobile bettors choosing to place sports wagers with theScore Bet. The mobile betting app offers many common options for funding your account:
- Credit or Debit
- Online Bank Transfer/ACH
- Play+ Card
How Do You Withdraw Cash From Your Account On theScore Bet?
Cashing out your earnings from your betting app on theScore Bet is just as simple as the deposit process. The operator will deposit your winnings using one of its approved withdrawal methods:
- Bank Transfer/ACH
- Play+ Prepaid Card
- Cash (only available at Monmouth Park Racetrack, New Jersey)
What To Expect When Betting With theScore Bet
- Backed by industry-leading sports news brand
Score Media and their theScore news app are trusted by millions of sports fanatics worldwide to deliver the most accurate in sports news and data reporting. These statistics will come in handy for technical sports bettors.
- Strong industry partnerships
In addition to a powerful agreement with the NBA, Score Media has partnered with gaming companies Jacobs Entertainment and Penn National to bring their mobile betting experience to millions of fans once sports wagering becomes legal in an increasing number of states.
- Live In-Play Betting
theScore Bet offers live betting on their platform, a feature missing from a number of competitor applications.
- Cross-App Integration
theScore Bet offers seamless cross-app integration with theScore news app for up to date news on your favorite athletes, teams, and leagues. You are also able to track your bets across apps.
- 24/7 Phone Support
In addition to email and live chat support, theScore Bet sportsbook offers 24/7 phone support, offering bettors peace of mind when utilizing the mobile app.
- eSports Betting
theScore Bet is one of the only American betting operators to offer eSports betting on their mobile sportsbook.
- No Desktop Version
Currently, theScore is not available for use on desktop. This may be an issue for users who prefer betting on larger screens.
- Basic Bet Options
theScore Bet does not offer a comprehensive list of bet options outside moneyline, total, and spread bets. However, futures and player/team props are rarely available on the platform.
- Bland User Interface
The mobile sportsbook’s app user interface leaves much to be desired.
Will theScore Bet Succeed In Colorado?
Despite garnering less than 1% of New Jersey bets upon launch in late 2019, Score Media still saw an increase in revenue for their betting platform over the fiscal year. With little time to prepare an offering that would compete with the likes of industry leaders such as DraftKings and FanDuel.
This has likely been a learning experience for the Toronto-based media company, who made history becoming the first of its kind to enter the sports betting industry domestically. With nearly $10 million of bets placed in its first three months of operation, theScore Bet’s mobile sportsbook is just getting started in the New Jersey market and will look to make a splash in Colorado later this year.
Score Media’s position as a reputable reporter of sports news will ultimately lead it to become a successful betting operation in Colorado. Upon launch, theScore Bet will offer users an immersive sports wagering experience that currently does not exist on the market, full of news, data, and engaging community insights. Their partnership with local gaming company Jacobs Entertainment will also be incredibly helpful in establishing theScore Bet as a leading mobile sportsbook in the state of Colorado.
theScore Bet Sportsbook Colorado FAQ
Can theScore Bet be accessed from anywhere in the state of Colorado?
Yes, you can bet with, and access your account from anywhere within Colorado state lines.
Does theScore Bet hold licenses in Colorado?
Yes, Score Media’s market access partnership with Jacobs Entertainment Incorporated offers them access to operate their mobile sportsbook in Colorado.
How do you fund your betting account on theScore Bet in Colorado?
Deposit options on theScore Bet include online banking, PayPal, and more.
Who is theScore Bet partnered within Colorado?
theScore Bet is partnered with Golden, Colorado based gaming company Jacobs Entertainment.
Is Live Play available on theScore Bet?
Yes. Live in-play betting is available on theScore Bet.