SportsBetting.com Goes Live in Colorado

Carousel Group has announced that its online sportsbook, SportsBetting.com, has gone live in Colorado.

SportsBetting.com took its first wager from Colorado late last Wednesday, a bet on the Dodgers, which resulted in a winning ticket for the customer. The next full day of betting saw a customer win $7,000 on a six-team MLB parlay.

“We are incredibly excited to unveil SportsBetting.com to the United States, it feels like Christmas in September. This project is the culmination of years of planning and hard work, and finally we get to see our product live in the booming Colorado market,” Daniel Graetzer, CEO of Carousel Group, said.

SportsBetting.com has rolled out a number of promotions to kick off the launch. While the majority of sportsbook operators in the U.S. are offering odds with high juice, which is the fee charged by the house on a straight bet, SportsBetting.com is taking an unprecedented trading approach with 5-cent lines for game spreads and totals.

“We will stand by our pledge to offer some of the best odds and highest limits in the market, meaning we’ll provide great value for customers, and we won’t kick out players just because they are winning,” Graetzer said.

“We are obsessed with user experience and developing great end-user products, so we will be unleashing some incredible features over the coming months. There’s an insatiable appetite for sports betting in Colorado, and we couldn’t be more pleased that our maiden voyage to the U.S. will be aboard the Centennial ship,” Graetzer added.