MaximBet Sportsbook Review and Promo Code: (CLOSED)

Update: MaximBet permanently closed in November 2022, citing “challenging macroeconomic conditions and an increasingly cost prohibitive marketplace.” MaximBet gave customers one month to log in and withdraw their funds before sending checks by mail to anyone who missed the deadline.

MaximBet is the new face of the online sportsbook formerly known as SportsBetting.com.

The MaximBet app is the product of a partnership between SportsBetting.com parent company Carousel Group and Maxim Entertainment, the entertainment and lifestyle brand behind Maxim Magazine.

MaximBet.com describes itself as “an immersive entertainment experience” that brings “the best in online betting and the coolest real-world experience all onto one platform.” Its partnership with Nicki Minaj, the biggest female rapper on the planet, is a testament to MaximBet’s ambitious approach.

In addition, bettors will notice MaximBet provides better lines for select sports. For example, ten-cent NFL betting lines are the norm at MaximBet. Company insiders say they can afford to provide competitive lines across the board because in-house odds bettors and technology ensure MaximBet does not depend on third-party service providers.

The concept sounds intriguing, but MaximBet faces stiff competition as a late entrant in the crowded sports betting market. Read on for a full MaximBet review. Below, BettingUSA rates the MaximBet bonus, mobile app, betting lines, and more.

Pros

High betting limitsLarge welcome bonusCompetitive lines

Cons

No live streaming videoNeeds more bet typesNot many deposit methods
Bonuses and Promos
Deposits and Withdrawals
User Interface
Betting Markets
Betting Lines

Which States Is MaximBet Legal In?

  • Colorado
  • Indiana
  • Arizona (coming soon)
  • New Jersey (coming soon
  • Iowa (coming soon)
  • Louisiana (coming soon)
  • Pennsylvania (coming soon)

MaximBet Bonus and Promo Code

  • 100% MaximBet deposit match bonus up to $1,000
  • MaximBet bonus code: None needed

MaximBet offers an attractive welcome bonus worth up to $1,000 for all new customers. It comes with favorable terms and conditions, but customers must claim the bonus over several deposits as noted below:

  • First deposit: Get 100% up to $500
  • Second deposit within 8-14 days of first deposit: Get 100% up to $250
  • Third deposit within 15-21 days of first deposit: Get 100% up to $125
  • Fourth deposit within 22-28 days of first deposit: Get 100% up to $125

With a rollover of just 1x, the MaximBet deposit bonus is easy to clear and provides value to new users.

Here’s what to know about the MaximBet welcome bonus offer:

  • Claim this bonus by visiting MaximBet.com and signing up for an account
  • Make a first deposit of at least $10 to receive an equal amount in bonus funds (i.e., deposit $100 and receive $100 in bonus money)
  • Bonus funds cannot be withdrawn
  • Customers can withdraw any winnings obtained by wagering the bonus after playing through the bonus + deposit amount one time (i.e., deposit $100 and receive $100, place $200 worth of wagers to withdraw winnings)
  • Customers must use their free bet credits within seven days of receipt

Note: A MaximBet promo code is not needed to claim this offer, all new customers receive the latest MaximBet offer – just make sure to confirm the current terms and conditions associated with any offer.

Other MaximBet Promotions And Offers

Bettors can visit MaximBet.com or open the MaximBet sportsbook app and visit the “promotions” menu to view a list of what’s on offer at any given time. New promotions launch frequently and usually relate to the most popular sports of the current season.

MaximBet Sportsbook takes a nonstandard approach to promotions, with offers that often tie into real-life experiences such as trips to the Super Bowl and chances to meet celebrities, athletes, and influencers.

Customers can also expect various traditional promotions, such as the examples of past offers detailed below:

  • Football-Futbol: Place two bets of at least $10 each on football and soccer on the same day for a 50% bonus on the combined wager total for up to $100 in free bets.
  •  First Touchdown Insurance: Bet $5 or more on the first touchdown scorer in select NFL games for a refund of up to $100 in free bets if the bet loses, but the selected player still scores a touchdown at any point.
  • In-Game Adjustments: Place an in-play bet of $20 or more on any sport to receive a 50% bonus in the form of free bets (up to $50). Offered for each customer’s first two in-play bets each week.
  • Overtime Pay: Place a moneyline bet of $20 or more on any NFL or NCAA game for a refund of up to $100 in free bets if the wager loses in overtime.
  • KO Insurance: Place a bet on any fighter to win in select UFC or boxing matches and receive a 100% up to $1,000 refund in free bets if the chosen fighter loses via KO or TKO.
  • Break A Leg: Place a five-leg or greater parlay and if it loses by just one leg, receive a 100% refund of up to $50 plus a $10 in free bet credits.
  • Two for Tuesday: Place a $10 or greater bet on any sport on Tuesdays to receive a matching amount (up to $100) in free bet credits.

MaximBet App Review

MaximBet app

The MaximBet mobile app relies on an industry-standard layout that displays popular betting markets front and center with simple navigation menus to browse specific sports.

From the homepage, users can place instant bets on suggested games or tap the nav menu button to view other sports, in-play betting markets, promotions, news, customer support, responsible gambling controls, and account information.

Load times are noticeably faster than average, which is nice because it helps reduce unintentional taps caused by lag. Design and presentation are not particularly noteworthy but get the job done. Generally, users will find it easy to log in, find their desired sports, place bets, and move on.

The MaximBet app is available for iOS and Android devices. iPhone and Android users can download the MaximBet app by heading to MaximBet.com or searching for it by name in the app store.

MaximBet Sportsbook Mobile App Screenshots

MaximBet Sportsbook In-Play Betting

MaximBet Sportsbook hosts daily in-play betting markets on its mobile app and website for a broad range of sports. For an online sportsbook managed by an in-house trading team, the betting calendar is surprisingly full. Customers can visit the live betting page day or night to find in-play markets for football, basketball, college sports, and international leagues.

Market depth is decent but not as extensive as what is offered by other major sports betting sites. The MaximBet in-play betting options mainly consist of full-game outcomes such as the point spread and moneyline, game props (will there be overtime), winning margin, and half/quarter outcomes.

Where MaximBet.com could improve in this regard is to add instant markets such as the outcome of the next free throw attempt or NFL drive.

MaximBet Betting Lines

MaximBet Sportsbook claims one of the biggest advantages it provides to customers is offering some of the best lines in the market. In an interview published before SportsBetting.com rebranded to MaximBet, CEO Daniel Graetzer said this:

Our competitors take advantage of their customers with inflated juice every day, and we want to set a new market standard. It may not always be nickel lines, but this 15-, 20- and 30-cent vig is highway robbery. We are 100% committed to offering some of the best odds in the market.

And we don’t want to stop there. We guarantee that we won’t kick out winning players like many of the big shops in the states. We’ve created an environment that allows everyone to bet with us … from the recreational player to the professional, we want to earn their business.

Those are big claims, but do they pan out? BettingUSA compared MaximBet’s odds for several NFL games to those provided by two of its biggest competitors, FanDuel and DraftKings.

For the NFL in particular, MaximBet Sportsbook provided significantly better odds than both its chief rivals. Looking at a full Sunday’s worth of NFL games, MaximBet posted 10-cent lines on almost every NFL game (-105/-105) while the competition mostly provided industry-standard 20-cent lines (-110/-110).

However, line quality does vary for other sports. MaximBet college football spreads often touched 35-cent line territory while its competitors stayed mostly within 20-cent territory on a viewing of upcoming NCAA games.

In summary, the MaximBet app features extremely attractive odds in some cases but not in all. The NFL lines alone make it worth considering opening an account and monitoring the lines for other sports throughout the year.

MaximBet Sports Betting Markets

MaximBet covers all major US and international sports. The US offerings include all professional leagues and major college sports.

International betting options include soccer, rugby, cricket, and even niche sports such as bandy and netball.

Availability varies by state according to local regulations.

Market depth is about average, but MaximBet.com seems to have more player props than other sportsbooks. Looking at the markets offered for any major US sport reveals a standard offering of point spreads, moneylines, totals, alternative lines, and player props. MaximBet also supports futures bets, parlay bets, prop bets, teasers, round robins, and in-play betting.

The MaximBet website claims to offer some of the industry’s highest betting limits but does not publish a maximum amount. An FAQ regarding self-imposed betting limits in the help guide indicates new customers join MaximBet.com with no maximum bet amount.

  • Athletics
  • Aussie rules
  • Badminton
  • Bandy
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Esports
  • Floorball
  • Football
  • Futsal
  • Gaelic Sports
  • Golf
  • Handball
  • Hockey
  • MMA
  • Motor sports
  • Netball
  • Politics
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Swimming
  • Table tennis
  • Tennis
  • TV specials
  • Volleyball
  • Water polo

MaximBet Deposit Methods

Deposit options at MaximBet are limited, but that should be changing soon. Currently, customers can deposit via two methods:

  • ACH Bank Transfer: The easiest option for new customers; transfers money from the customer’s bank account to the customer’s betting account; deposits processed instantly
  • Skrill: Skrill is an online wallet service that functions similarly to PayPal. Customers can create a Skrill account for free and then fund it with a variety of methods. From there, funds can be moved easily from Skrill to MaximBet.

MaximBet is a high-limit betting site and does not enforce a maximum deposit, but some deposit methods may impose their own limits on customers.

MaximBet Customer Support

MaximBet provides 24-7 customer support via phone, live chat, e-mail. Every page on the MaximBet app and website displays a prominent link to contact support. Users may launch a chat session, leave a message for the support team, or request a phone callback.

Users can also visit a large self-help guide for answers to frequently asked questions related to login and registration, account settings, identity verification, deposits, responsible gambling, and house rules.

States Where MaximBet Sportsbook Operates

MaximBet Colorado

  • Products: Mobile betting
  • Land-Based Partner: Johnny Nolon’s Casino

MaximBet made its US debut under the Sportsbetting.com brand for Colorado sports bettors in September 2020. The Carousel Group (MaximBet’s parent company) later announced a partnership with men’s luxury lifestyle brand Maxim Entertainment to rebrand as MaximBet.com.

MaximBet Arizona

  • Products: Mobile betting coming soon
  • Land-Based Partner: Hon-Dah Resort Casino

In August 2021, the Carousel Group announced an agreement with the White Mountain Apache Tribe for access to the Arizona sports betting market. MaximBet’s launch in Arizona is subject to regulatory approval.

MaximBet Iowa

  • Products: Mobile betting coming soon
  • Land-Based Partner: Caesars Entertainment

In early 2021, the Carousel Group announced a 10-year, multi-state market access agreement with Caesars Entertainment. The deal includes access to the Iowa online sports betting market.

MaximBet New Jersey

  • Products: Mobile betting coming soon
  • Land-Based Partner: Caesars Entertainment

MaximBet intends to offer online sports betting in New Jersey through a partnership with Caesars Entertainment. The partnership does not include in-person sports betting, and MaximBet has not yet provided an intended launch date.

MaximBet Indiana

  • Products: Mobile betting
  • Land-Based Partner: Caesars Entertainment

MaximBet came to Indiana in September 2022 through its multi-state partnership with Caesars Entertainment. Its Indiana launch also signified an important milestone for MaximBet: the debut of its new and improved sports betting platform that offers microbetting in-play wagers, significantly more betting markets per game, Teaser+ parlays, and more.

Expert Opinion: Is MaximBet Legit?

MaximBet is properly licensed in the US, but it got to a late start after launching in late 2020 and hasn’t yet made much noise in the online sports betting industry. Only time will tell if MaximBet can compete effectively against the many, well-funded sports betting operators it faces.

Even so, bettors should not overlook MaximBet. With sharp NFL lines, a well-designed mobile app, and easy-to-clear welcome bonus, MaximBet has multiple points in its favor.