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MaximBet Review

Last Updated: November 3, 2022
US Sports Bettors Accepted

Things to Consider Before Signing Up

MaximBet logo

Pros

  • Above-average odds.
  • Quality sign-up bonus (CO only).
  • User-friendly interface.

Cons

  • No online casino options like slots or poker.
  • Limited banking options.
  • Weak futures markets.

Bonuses

$500 Risk-free Bet (CO only)

Terms and conditions apply.

Deposit Match up to $250 (IN only)

Terms and conditions apply.

MaximBet CO Welcome Bonus: Up to $500 Back

MaximBet offers first bet insurance of up to $500 for new Colorado customers. Wager on any sporting event (boosts excluded) with odds of -200 or worse (for example, -110, +110). If the initial bet loses, the user will receive the bet amount back in free credits.

Free bet credits expire within 7 days, and MaximBet CO requires a 1x rollover on bonuses before you're allowed to withdraw.

MaximBet offers a modest sign-up bonus, and we recommend Colorado bettors take advantage of this due to the ease of use and limited terms.

MaximBet IN Welcome Bonus: Deposit Match up to $250

MaximBet provides a more modest bonus for its new Indiana players, offering a 100% deposit match from a minimum of $10 up to a maximum of $250. Not only is the end value lower than the Colorado bonus, but the rollover requirements are much more demanding.

Indiana customers must complete a 5x playthrough on their bonus amount in order to withdraw any remaining bonus funds. Bets must be made on sporting events (boosts excluded) with odds of -200 or worse, and customers have 30 days to complete the playthrough requirements.

This is a mediocre bonus compared with the industry standard, but at least it's something.

Ongoing Promos, Parlays, and Odds Boosts

MaximBet offers a wealth sport-specific promotions for NFL, NBA, MLB, NHL, PGA, UFC, soccer, and more. They allow users to garner free credits or refunds on their bets throughout each season.

You'll also find the MaximBet Play product as a separate app. For MaximBet Play, you predict the results of sporting events for free and win daily jackpots. You’ll earn points on weekly, monthly, and season-long leaderboards as you play. Every correct pick you make earns you points. If a card has 5 picks to choose from and you make an accurate prediction, you’ll earn 5 points. If the card has 4 picks, you’ll earn 4 points… and so on. The more you play, the more chance you’ll have of topping the monthly leaderboards and earning cash rewards. This product has been received very well by players on the App Store, better than MaximBet.

MaximBet Sportsbook Review

You know the name – but can you trust the sportsbook?

Maxim has created a rock-solid brand though its renowned men's magazine, and has leveraged its worldwide popularity into a seat at the U.S. sports betting table. And with successful launches in Colorado and Indiana – and more on the way – the newly founded sports betting site is gaining plenty of momentum.

Yet, while MaximBet offers a delightfully kitschy interface, decent signup offers and ancillary experiences such as parties and VIP events across the globe, this sportsbook has a few things to work on before I'm ready to mention it with heavy hitters like DraftKings and BetMGM.

Here's a detailed breakdown of MaximBet, and why a quality of odds improvement, increased betting markets and expanded deposit and withdrawal options would go a long way toward making this sports betting site a true knockout:

MaximBet Quick Facts

🏅 RatingC
🏢 Founded        2021
🇺🇸 # of States        Two (CO, IN)
🎰 Casino        ❌ No
₿  Cryptocurrency        ❌ No
📱 Mobile Apps        ✅ Yes (iOS, Android)

MaximBet Locations

MaximBet Sportsbook is presently live in the following states:

MaximBet also has plans to enter Iowa, New Jersey, Ohio, Pennsylvania and Ontario in the near future.

Sports Leagues to Bet On

MaximBet offers a standard sports betting menu tailored to North American sports leagues and horse racing. The MaximBet betting menu satisfies casual bettors and horse racing enthusiasts who wager on the standard moneyline, spread, or total. 

Sadly, however, those who enjoy betting on futures and secondary or exotic markets will need to look elsewhere. And with most sports, MaximBet offers slightly worse odds than the industry standard (-111/-111 on totals and spreads and -124/-124 on secondary markets or props).

NFL Betting

MaximBet offers a standard range of betting options for NFL wagers, including conference, divisional, and Super Bowl futures, moneylines, spreads, totals, in-game wagers, and player props each Sunday during the season. You'll also see NFL odds boosts for player props, but boosts are usually capped to a max $25 bet, limiting their overall value.

NBA Betting

MaximBet offers moneyline, spread, and total plays for every scheduled NBA game. You can also wager on teasers, quarterly or halftime options, and various alternative spreads and totals. But one big omission here is the lack of player props, which significantly hampers its appeal to both casual sports bettors and more experienced players.

College Football

MaximBet offers moneyline, spread, and total plays for most college football games on any given Saturday, along with various futures markets for the National Championship, conferences, and divisions. The lack of player and team props markets isn't as much of a black mark here, but it would still be nice to see more secondary offerings for less prominent games.

College Basketball

MaximBet has the bases – or rather, the baselines – covered in NCAA basketball betting, offering traditional markets throughout the regular season and conference tournaments. When March Madness tips off, you'll find loads of action and more unique bet types. This is one area where MaximBet catches up a little, though it still lags behind competitors like FanDuel.

NHL Betting

MaximBet offers a standard NHL betting menu. In addition to moneyline, puckline, and total plays, bettors have access to team props, along with period-specific betting markets and futures. Again, the player prop pickings are slim, and even the selection of secondary markets like alternate goals and period bets will leave most NHL bettors wanting.

MLB Betting

MaximBet offers more than 20 different markets for a single MLB game, which is decidedly on the underwhelming side when compared to the top sportsbooks in the United Srtates. Apart from your standard moneyline, spread, and totals, bettors can wager on futures and First Five game props. There's also the option to track the game live within the markets menu.

Other Sports Leagues

MaximBet also offers betting markets on esports, horse racing and MMA events. Its secondary sports menu isn't as broad as some leading international betting sites, but you'll still find cricket, Rugby League, Rugby Union, snooker, and table tennis. 

It's also worth noting that MaximBet offers a surprisingly robust soccer betting menu. There are over 50 markets for a single game for popular leagues like Major League Soccer and UEFA. You can bet on over 30 different leagues worldwide from England, Mexico, Japan, and Australia. You name it, and they've most likely got it.

Online Betting Experience

MaximBet offers a mobile betting app for iPhone and Android and a website accessible on laptops and desktop computers. The homepage feels completely disconnected from the sportsbook, and location detection was an issue for us immediately upon trying to access the site, but once you get in, it seems like you're good.

Website Experience

The MaximBet website is clean and easy to navigate despite its nightclub-like color scheme. 

The black background is consistent throughout and contrasts nicely with the white text. The purple accent colors, on the other hand, give off a bit of a "Night at the Roxbury" vibe (which is totally fine if you're into that sort of thing, but probably isn't for everyone.)

Fortunately, the layout is neat and clean, and users will have no issue searching for the information they want. 

The odds pages are listed neatly, and the promotions page clearly spells out the rules and stipulations to qualify for the respective deposit match, bonus, or enhanced odds promotion. 

MaximBet also makes it easy to find customer service information and for users to connect with them on social media. 

Overall, MaximBet's website is clean and intuitive, providing users with a good experience due to its ease of use and the in-depth information provided.

Mobile Betting and Betting App

The mobile app is available for download on the Apple App Store and Google Play. Like the website, the app design and layout are clean, providing a seamless experience.

MaximBet runs on the Carousel Groups' proprietary platform, so there are bound to be a few technological issues. However, these issues will be remedied as the brand grows and expands. 

The Betslip feature is neat and organized, allowing users to quickly track live and settled wagers. It's also less intrusive on the app than the desktop.

Each respective ribbon and dropdown menu is neatly organized, so users do not have to search for an extended period to find the game they're looking for. 

Overall, the MaximBet app is a pleasurable experience consistent with their website, providing a seamless experience for their customer. 

Live Betting

Upon entering the website and app, the live betting markets are listed on the homepage. An icon also brings you directly to the page dedicated solely to live betting.

Despite boasting a limited menu, MaximBet's setup is conducive to live betting enthusiasts who need and want instant access to get the best line available. And the live odds, while still a notch below the industry leaders, are far from the worst out there.

Casino, Poker, & Other Gaming Options

MaximBet doesn't yet operate in a state which allows for legal online casino games, but plans on launching an iGaming platform in Pennsylvania, New Jersey, and Ontario soon.

MaximBet History

The partnership between the Carousel Group and lifestyle brand Maxim was forged in April 2021, and MaximBet Sportsbook launched in Colorado in 2022. 

The Carousel Group received $50M in backing from the China-based ZKIN International Group to aid its expansion into the online sports betting and iGaming market. 

This funding allows Carousel to hone its proprietary software that MaximBet runs on to enable further expansion into more states outside of Colorado and enhance its iGaming platform. 

Customer Ratings & Reputation

The app has a mediocre 3-star rating on the Apple App Store, with most user complaints surrounding login issues, lack of banking options, and promotional confusion. Things are much more promising on Google Play, where Maxim boasts a 4.2 rating.

MaximBet is a reputable sportsbook despite being in its infancy, but an improvement to its odds and betting market offerings (in addition to the above concerns) is a must if it hopes to attract and retain bettors of all skill and interest levels.

Customer Service

MaximBet provides a strong customer service experience.

The 24/7 live chat feature is the most time-efficient way to reach out, though customers can also contact the company via email and social media. 

Customer service agents are friendly, responsive, and willing to answer questions (or at least the ones I provided to them.)

Email and social media wait times are longer than the Live Chat function, so we recommend reaching out via chat for the most prompt resolution.

MaximBet Contact

  • Email: support@MaximBet.com
  • Twitter: @MaximBetUSA
  • 24/7 Live Chat

MaximBet Legal Betting

The Colorado Division of Gaming and the Indiana Gaming Commission regulate MaximBet Sportsbook, making it a safe, secure, locally-regulated betting site.

Responsible Gambling

The legal age for sports betting in most states is 21+. This is subject to regional regulation. Please play responsibly. MaximBet complies with the rules laid down by the Colorado Division of Gaming and the Indiana Gaming Commission.

Here are a few resources to help ensure you are gambling responsibly.

  • National Council on Problem Gambling (NCPG): The NCPG has over 50 years of experience assisting people and families affected by problem gambling. You can call or text them (1-800-522-4700) or join their 24/7 Live Chat.
  • Center for Problem Gambling: The Center has been funded by the New York State Office of Alcoholism and Substance Abuse Services (OASAS) since 1996. They are committed to serving anyone affected by a gambling addiction. Treatment is confidential and provided regardless of a person’s ability to pay. Their gambling counselors have significant experience working with problem gambling and include therapists who are Nationally Certified Gambling Counselors.
  • BeGambleAware.org: Offers free, confidential help and support to anyone worried about gambling for themselves or others.
  • Gambling Therapy: A global service provided by Gordon Moody offering free emotional support and advice to anyone affected by gambling.

Why Choose MaximBet?

MaximBet Sportsbook is a solid sports betting experience that will only improve as the brand grows. 

Its partnership with the Carousel Group is advantageous due to the software they provide, eliminating the need for partnering with a third party so it can offer above-average betting odds relative to industry competitors (and I'm really hoping it gets there eventually.) It offers a strong sign-up bonus, other promotions worth taking advantage of, and ancillary global VIP events.

I would like to see MaximBet offer more deposit and withdrawal options, and provide more betting markets – particularly those that interest more casual bettors. There's also tremendous potential here for MaximBet to offer sports bettors a decidedly more entertainment-focused experience – and I don't see it taking advantage. At least, not yet.

Still, MaximBet is a solid sportsbook for bettors to utilize, and we anticipate it becoming even better in the future due to its strong backing and unique lifestyle influence.

Bet Now

Banking

Accepted Currencies

  • USD

Methods of Deposit

visa logo
Min: N/A Max: N/A Fee: Free
mastercard logo
Min: N/A Max: N/A Fee: Free
echeque logo
Min: N/A Max: N/A Fee: Free
skrill logo
Min: N/A Max: N/A Fee: Free

Methods of Withdrawal

visa logo
Fee: Free
mastercard logo
Fee: Free
echeque logo
Fee: Free
skrill logo
Fee: Free

The withdrawal methods are pretty limited at MaximBet, but ACH/eCheck bank transfers are a good option for most players. 

Note: You cannot withdraw your funds until your account has been fully verified. If your account hasn't been verified on account creation, you can complete your validation by clicking on the "My Account" Tab.

Click on the "ID Verification" on the menu, and you will be asked to provide your ID verification (a selfie with your ID/passport) and your proof of address documents (electric bill, water bill, internet, something with your name and address).

MaximBet Review

MaximBet
Icon rating c
Last Updated
November 3, 2022