MaximBet Rating:

MaximBet Review

No Longer Operational

MaximBet score

  • Great bonus & promos
  • Fast withdrawals
  • 24/7 customer support
  • Missing payment options
  • No Same Game Parlay
Bonus offer
Betting variety
Mobile experience
Payment options
Betting experience
MaximBet quick facts
Game TypesSportsbook
Deposit methodsVisa, Mastercard, VIP Preferred e-check, Mazooma, Skrill
Withdrawal methodsBank Transfer
AppsiPhone, Android
Support24/7 Live Chat, Email
OwnerCarousel Group
Founded Year2021
HeadquarterDenver, CO


MaximBet has shut down and is no longer operational.

We recommend trying out one of the following sportsbooks if you want to start betting today.

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
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MaximBet Sportsbook Review

After a relatively anonymous start in the US betting market as (no points for creativity there), iGaming and Digital Entertainment company Carousel Group agreed to a partnership with men's lifestyle magazine Maxim to re-launch as MaximBet in 2021. A true success story, as MaximBet has carved out a niche as one of Colorado's top sportsbooks, with an eye toward expanding to several more states in the near future.

The Most Exciting New Sportsbook in the US

MaximBet is here to stay and looking to make its mark, not only in Colorado but in the entire country. Flashy marketing and a major partnership with rapper Nicki Minaj generate a ton of buzz, but does the product actually live up to the hype? Is MaximBet a sportsbook for serious bettors?

Maximbet sportsbook app

MaximBet is one of the very best new sportsbooks in the US

During this review process, we were pleasantly surprised with MaximBet time and time again. Does it live up to the high highs of top-tier competitors like DraftKings or FanDuel? It would be a little disingenuous to say that the amount of betting markets and features offered on MaximBet sore quite that high.

But, for users looking for a break from the popular sportsbooks, MaximBet is a great option. With tons of regular promotions, rapid withdrawals, and excellent 24/7 customer service, we can guarantee you'll be in the hands of a sportsbook that cares.

Comparing MaximBet to the Competition

Obviously, we think MaximBet is a really solid sportsbook worth giving a shot. But how much does it really hold its weight compared to other players in Colorado?

We've put together this little comparison to see how it stacks up to some other sportsbooks, all of which are also legal in Colorado.

We chose two big names - Caesars Sportsbook and PointsBet - as well as two smaller brands, more comparable to MaximBet in size - WynnBet and BetFred Sports - so you can get a sense of where we think MaximBet falls in the pecking order.

MaximBet vs. Other Sportsbooks MaximBet MaximBet MaximBet MaximBet MaximBet
Bonus offer10/105/1010/106/108/10
Betting variety9/1010/108/106/108/10
Mobile experience10/1010/108/107/107/10
Payment Options9/109/107/107/106/10
Betting experience9/1010/108/107/107/10

MaximBet Bonus

No Longer Operational

MaximBet has a really phenomenal sign up bonus, exclusively for Sportsbook Online readers - a 100% deposit bonus up to $1,000.

Users can unlock $500 with their first deposit, with the rest being unlocked over the course of the following three weeks. Here's how it works:

  • First deposit: 100% matched up to $500 in Bet Credits
  • Second deposit (8-14 days after first deposit): 100% matched up to $250 in Bet Credits
  • Third deposit (15-21 days after first deposit): 100% matched up to $125 in Bet Credits
  • Fourth deposit (22-28 days after first deposit): 100% matched up to $125 in Bet Credits

How to Claim MaximBet Promo Code

  1. Register with MaximBet
  2. Create an account
  3. Deposit a minimum of $10
  4. Receive bet credits up to $500
  5. Bet your deposit + bonus within 7 days
  6. Repeat

It should be noted that you must reach the full bonus amount each week in order to continue progressing up to the full $1,000 amount.

MaximBet Promos

Maximbet Promotions

MaximBet has a ton of promotions that regular bettors can snag

MaximBet goes beyond just trying to attract new customers to their betting platform. With loads of regular promotions, existing customers will always be rewarded for coming back to play on MaximBet.

Some of the most common types of promotions offered on MaximBet include:

  • Odds Boosts - Pretty much every day, you'll be able to take advantage of favorable odds provided to users. Compared to major players like FanDuel and Caesars, MaximBet doesn't offer very many, to be honest, but there are still plenty to choose from for major games. These offers are easily accessed through dedicated 'Odds Boosts' tabs on both the app and desktop site.
  • Parlay Insurance - Place a parlay of at least three legs and get paid, even if one leg of the parlay loses. Offered during the MLB season.

MaximBet offers a really robust slate of promotions for a relative neophyte in the betting game, that left me impressed during the review process.

Where is MaximBet Legal?

At the time of this writing, MaximBet is only legal in the state of Colorado. However, that will certainly change by the end of 2022, with many more states on the on-deck circle for one of the most exciting up-and-coming sportsbooks in the country.

Indiana and Iowa have been announced by MaximBet as being the next two states in their crosshairs, but New Jersey, Pennsylvania, Louisiana, and Ohio (once online sports betting launches in the state) are all expected to be graced with the presence of MaximBet in the not-so-distant future.

What You Need to Sign Up for MaximBet
Ben Smith

Ben Smith

  • Full Name
  • Email address
  • Phone Number
  • Residential Address
  • Last 4 Digits of Social Security Number

MaximBet States

MaximBet Colorado
  • Launched: 2020 (as
  • Web: Desktop & Mobile
  • App: iPhone & Android
  • License Partner: Johnny Nolon's Casino
  • Partnerships: Charlie Blackmon (Colorado Rockies Outfielder)
MaximBet Indiana
  • Expected Launch: TBD 2022
  • Web: Desktop & Mobile
  • App: iPhone & Android
  • License Partner: Caesars Entertainment
MaximBet Iowa
  • Expected Launch: TBD 2022
  • Web: Desktop & Mobile
  • App: iPhone & Android
  • License Partner: TBD
MaximBet Louisiana
  • Expected Launch: TBD
  • Web: Desktop & Mobile
  • App: iPhone & Android
  • License Partner: TBD
MaximBet New Jersey
  • Expected Launch: TBD 2022
  • Web: Desktop & Mobile
  • App: iPhone & Android
  • License Partner: TBD
MaximBet Pennsylvania
  • Expected Launch: TBD
  • Web: Desktop & Mobile
  • App: iPhone & Android
  • License Partner: Caesars Entertainment
MaximBet Ohio
  • Expected Launch: TBD 2023
  • Web: Desktop & Mobile
  • App: iPhone & Android
  • License Partner: Caesars Entertainment

MaximBet App

Maximbet app

Still a relative newcomer, MaximBet already has an above average mobile betting app

During my time with the MaximBet app, I was pleasantly surprised. For a sportsbook so early in its lifecycle, MaximBet seems to have the basics down better than many of its competitors.

The MaximBet app is super smartly designed and navigation is very easy, meaning that even an inexperienced bettor will have little-to-no difficulty finding the wagers they want. Live betting flows very smoothly on mobile with odds and game tracking updated relatively quickly.

It's not all sunshine and rainbows, though. When navigating between different menus, there can be a bit of a lag. Not too much, but it's worth mentioning. Additionally, some users have reported being logged off frequently, which can be a pain in the neck.

For Android users, you have the added inconvenience of having to download an APK file, as the MaximBet app is not available on Google Play. Not the end of the world, but an extra step in the process is never too fun.

Not without its flaws, the MaximBet app is a great step in the right direction for a new sportsbook

Overall, the positives of the MaximBet app far outweigh the negatives based on my experience. Many sportsbooks on similar levels - your WynnBets and BetRivers for example - haven't quite nailed down an elite mobile betting experience, despite having a bit more time to grow than MaximBet.

Does the MaximBet app reach the levels of top dogs like FanDuel and Caesars Sportsbook? No. But for being a relatively small bookie right now, MaximBet is off to a tremendous start.

MaximBet iPhone App

  • Available on the App Store
  • 3.3/5 user rating based on 36 reviews

MaximBet Android App

  • Not available on Google Play
  • No user rating available
How to Download the MaximBet Android App
  1. Register with MaximBet
  2. On the MaximBet website, click the Android download button
  3. Go to the Downloads folder on your device
  4. Select the file 'MaximBet.apk'
  5. Tap settings and check the box next to 'Unknown Sources'
  6. Return to your downloads and click install
  7. Enjoy responsibly
What Users are Saying About the MaximBet App


"New to online sports betting and wanted to try out one of the emerging brands instead one of the bigger players. Having a great time on this app. Simple to use, a lot of available markets, great odds boosts, and some unique offerings. Excited to see where this brand goes in the future!"

- App Store Review from September 2021


"Pros - Fast withdrawals (sometimes money’s in my bank acct in less than 24 hrs) and your login info stays saved so you don’t have to type it in every time you log in.

Cons - Glitches…at least once a day I’ll build an entire parlay and click 'bet now' and it just won’t register…I have to close the app, type in my log in info again, build the parlay again and place the bet. Gets annoying after a while. Sometimes it won’t pick up my location and I have to close and restart the app multiple times before I can use it.

I know it’s a newer app so I’ll give ‘em time to work out the glitches. Withdrawal times are much faster than FanDuel, DK, and others so I can deal with the other issues for now."

- App Store Review from October 2021

Patrick Corkery
Patrick Corkery Reviewer

My Experience with MaximBet

I came to MaximBet very skeptically. The rush to the betting market has brought in a lot of big-name, subpar products.

But I was actually pleasantly surprised with my MaximBet experience. The app is pretty sharp and easy to navigate, with tons of promotions for both new and regular users.

Advanced features like Same Game Parlays are a regrettable omission, but I have faith MaximBet will improve over time. This is a really nice start for a new sportsbook.

MaximBet FAQ

Is MaximBet legit?

Yes. MaximBet is perfectly legal, licensed, and legitimate.

Where is MaximBet legal?

At the time of this writing, MaximBet is now only legal in Colorado. MaximBet is due to roll out in several more states in the coming months, including Indiana, Iowa, and New Jersey.

You must be over 21 and physically located in the state of COlorado to play.

Does MaximBet accept PayPal?

No. Unfortunately, at this time, MaximBet does not accept PayPal.

Does MaximBet have a casino?

Not yet. MaximBet has stated its intent to launch a casino in the coming months, but as they are not yet live in any states with legal online casino wagering its online casino option is not yet active.

Who owns MaximBet?

MaximBet is owned by Carousel Group as part of a partnership with Maxim magazine.

MaximBet Sportsbook

There's a decent amount of sports to bet on at MaximBet. Here's the full list of sports available to wager upon at MaximBet:

MaximBet Sports (A-Z)

  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Darts
  • Football
  • Golf
  • Hockey
  • MMA
  • Motor Sports
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Table Tennis
  • Tennis

There are a few niche sports and international leagues missing, but overall this is a really nice slate of sports betting options for a relatively new bookie. As a baseball nerd, I particularly enjoyed the Korean and Japanese baseball league betting options. Live betting KBO games in the middle of the night were the highlight of my MaximBet experience (yes, I'm a degenerate).

Unfortunately, what you can do within each individual game is also a bit limited. I'm a sucker for a same game parlay, so the lack of same game parlay or bet builder options hurt my experience. I would have loved to take the over on Steph Curry's point total in Game 1 of the finals with the Warriors win, but I had to resort to using a different sportsbook for that bet. Although I did lose that bet, so maybe I should have stuck to MaximBet.

MaximBet Live

Maximbet Live Betting

MaximBet offers a solid live betting experience, enhanced by nice game tracking

As I mentioned before, I had a great time live betting with MaximBet during the review process. It doesn't have the live streaming capabilities you'll find on Bet365 or BetMGM, so I can't say it's the best out there but I think most users will be happy live betting on the MaximBet app.

All in all, MaximBet's live betting was a delightfully simple experience that I enjoyed a whole lot. Live game tracking was really solid and made it quite easy to get my bets in as the game rolled on.

Not a gamechanger by any means, but another notch in the plus column for MaximBet.

Maximbet Sportsbook Key Features

MaximBet Odds

MaximBet has made a big to-do about their odds. Made in-house, we have to say we found them to be quite generous. Yes, there's still juice, but due to the fact that they create their own odds, they can afford to offer better deals since they're not working with a middleman. All-in-all, you're getting better value than most with MaximBet.

MaximBet Parlays

You can combine multiple wagers into one boosted bet with parlays on MaximBet. Teasers, round-robins, and traditional parlays are all easily at your disposal.

Unfortunately, you cannot create same game parlays on MaximBet at the time of this review. This has become a major trend in the sports betting world in recent years, so the lack of SGPs has to be the biggest knock against MaximBet right now.

MaximBet Cash Out

MaximBet allows full cash out across all markets and bet types in any sport. While it's not available 100% of the time, Maximet's cash out features is available most of the time to stop players from bad beats as well as cut their losses.

Unfortunately, there is no partial cash out available on MaximBet. This means you must cash out your entire wager or just let it ride. This is a pretty big downside, as I know I often love to cash out the original stake of my multi-game parlays if there's downtime between games.

MaximBet NFL

With MaximBet, you can bet on every NFL game during the regular season and playoffs. Within each game, you can wager on spreads, moneylines, and player props,

You can create multi-game wagers such as parlays and teasers from week to week, or take a long-term approach and bet on some player props or NFL futures, like division winners, award winners, or who will win the Super Bowl.

MaximBet NBA

MaximBet features every NBA regular season and playoff game, readily available for betting. Multi and single game wagers are readily available.

There's a deep selection of futures bets for you to peruse as well, with many awards bets, league leaders bets, and championship winner bets readily available.

MaximBet Casino

Maximbet casino coming soon

MaximBet will be launching an online casino in 2022

At the time of this writing, MaximBet does not have an online casino. This makes sense, as they are only active in Colorado, where online casino gaming is not legal.

However, MaximBet will be launching an online casino at some point in 2022. With market access already secured in states like New Jersey and Pennsylvania, where online casino gaming is legal, it's only a matter of time.

We look forward to expanding on this section in the future as MaximBet continues to expand its services to the iGaming frontier.

MaximBet Payment Options

Unfortunately, banking is an area that MaximBet will need to improve as it continues to evolve as a product.

Right now, the deposit options are solid enough, but there is only one option for withdrawing your money - bank transfers. This is an issue that would be easily solved by adding PayPal, which is sorely missing right now, and a major disadvantage MaximBet has in the marketplace.

MaximBet Deposit Options

  • Visa
  • Mastercard
  • VIP Preferred e-check
  • Mazooma
  • Skrill

MaximBet Withdrawal Options

  • Bank Transfer

The minimum deposit is $10 and there is no minimum withdrawal requirement,

MaximBet Withdrawal Times
Patrick Corkery

Patrick Corkery

One nice thing that users consistently rave about with MaximBet is its withdrawal times. They only advertise that your money will be available in your account in 1-5 days, but in our experience withdrawals are complete in a day or two.

This is really nice and shows how committed MaximBet is to the customer.

MaximBet PayPal

Unfortunately, PayPal is not available for deposits and withdrawals on MaximBet.

For a sportsbook with fairly limited withdrawal options, this is a pretty major downside as users can only utilize bank transfers to take money out of their account.

It's more convenient to use PayPal and many consumers want a middleman between their bank and betting accounts for safety purposes, so adding PayPal as a banking option would help out MaximBet a lot.

MaximBet Support

We found MaximBet has reliable and supportive customer service. I personally tested out the 24/7 live chat during our review process and found it to be more than satisfactory, providing quick and accurate questions to just about every question I was throwing at them.

We do lament the lack of a dedicated phone line for customer service, but all-in-all, MaximBet's live chat rises well above the average.

MaximBet Customer Service Options
Patrick Corkery

Patrick Corkery

  • Email:
  • Live Chat: Available 24/7 via the MaximBet website or mobile app
  • Phone Support: None
  • FAQ: Available via the website or app
  • Twitter: @maximbetusa

MaximBet Review Summary

MaximBet Review

by Patrick Corkery

No one would have expected Maxim magazine of all places to become a player in the sports betting industry, but here we are - the men's magazine is here with an online sportsbook.

Perhaps an even bigger surprise - it's actually a really good sportsbook. With generous promotions, strong odds, and great customer support, MaximBet is much more than just an old magazine's cash grab.

It's not the country's finest, but most bettors could definitely do a lot worse than MaximBet, which has established itself as one of the new sportsbooks to watch in the US.

Would you recommend MaximBet?

I'd recommend MaximBet if you've tried out all the major players and are looking for a fresh, new experience. Newbies are probably better off with a bigger sportsbook, but bonus hunters and sharps who have been around the block can get a great new experience on MaximBet.

★ ★ ★ ★ ★ ★ ★ ★ ☆ ☆ 8/10

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About the Author
Patrick Corkery

Patrick Corkery

Sports have been a passion of mine my entire life. Growing up in South Jersey, the influence of Philadelphia sports was massive. Some of my first memories include rooting for Allen Iverson's Sixers and Donovan McNabb's Eagles.

Luckily, I was also living in New Jersey when PASPA was overturned and DraftKings Sportsbook launched in 2018. After years of consuming sports media that talked about betting, I was finally able to place my own wagers. Needless to say, I haven't looked back since.

It is now my privilege to guide our readers towards the best sports betting experience possible.