Have you ever thought about trying pool betting? Colossus Bets, one of the biggest pool betting operators is a click away. You can start your journey with pool betting with the Colossus Bets Bonus Code.
You can use the Colossus Bets bonus code during sign up. There is no linked welcome offer at the moment. Keep on reading if you want to find out more about pool betting and what can you do with Colossus Bets bonus code.
|Bonus Code Terms||Bonus Code Description|
|Type of Bonus||TBA|
|Colossus Bets Bonus Code||Get The Code By Clicking On One Of The Links|
It is a good opportunity to use the Colossus Bonus Code and try out pool betting. The site caters to football bettors on many matches in the major European leagues. Players invest a small amount of money which builds up to create potentially huge prize funds.
Use the Colossus Bets bonus code during your registration process. You can find a dedicated box for the code in the third step of the process. The only thing that you need to do is signup as a new customer and register your account.
Once you are a legitimate owner of the account at Colossus Bets, you can benefit from multiple offers by meeting terms and conditions of each one of them. Below you can find a brief overview of how to sign up.
Click on one of the blue buttons and get to the signup page. In the top, right corner of the page you will find a 'join' button, click on it and start registering process.
In the second step of the registration process provide your details such as name, date of birth, address and mobile phone.
In the last step provide your username and password. Next use the Colossus Bonus Code.
The business model is based on customers selecting the correct score and final outcome of football matches. The stakes wagered are invested into pools and winning players share the pool depending on stakes and the number of correct predictions. The company guarantees a level of prizes which equate to possible significant returns on the desktop and mobile version.
In line with trading with an exchange bookmakers and the cash out facility offered by fixed odds bookmakers, Colossus Bets customers can close a bet to guarantee a return.
The Cash Out option means a player will win regardless of the outcome of outstanding fixtures that have not been decided. Part or full cash out options are available with returns adjusted accordingly. Players can refer to team form before entering pools.
Customers can play football pool games after opening an account with Colossus Bets. This process involves entering personal details and account details. Entering the Colossus Bets bonus code is optional. Deposit limits can be adjusted and new players must confirm they are over 18 and accept the terms and conditions of the site. New customers can play for prizes up to the £5,000,000 Colossus and use the form as a guide.
As of now, you can use the Colossus Bets Bonus Code but it does not trigger a welcome offer. We will keep you updated with any development.
Pool betting is based on the principle of stakes going into a pot that is divided amongst winners after deductions. If there is more than one winner the pot is split so that each winning ticket of the same value earns the same prize.
Obviously, Colossus Bets will withhold some of the stakes to cover the cost of running the pools and provide the owners with a profit. They must assess how much to contribute to the prize fund to attract players in sufficient numbers to build up potential returns.
An attractive pool will generate business and accumulate a significant fund which attracts more players. A good pool will feed upon itself to create momentum but one badly received will move in the opposite way.
This process is the basis of the traditional football pools in the UK. Players are asked to find scoring draws with eight correct earning the first prize. Pool betting was promoted by the Moores brothers who founded Littlewoods and were investors in Liverpool and Everton Football Clubs.
Colossus Bets only feature pools for football matches but there is potential to extend the concept to cover more sports. The pools are based on selecting correct scores or the winners of matches and draws can be chosen after login.
There are daily and weekly pools offering prizes from £2,000 to £5,000,000. Players must make predictions in anything from 3 to 15 matches.
The feature and title bet is the Colossus which is based on predicting the correct score of seven matches. The featured matches take place over each weekend and most are televised live.
Matches vary from the English Premier League and the other main European leagues. Customers have access to leg information, pool history and unit distribution. The scores from completed matches and current matches are updated.
A range of scores can be selected as well as any other home win (AOH), any other away win (AOA) and any other draw (AOD). The pool history shows the number of units associated with a score.
This information is available for the winning element of the bet and the consolation pools for getting five or six results correct. If the total prize fund is not won there are rollovers to the next set of matches. Team form assists players in making predictions.
The Millionaire pool is a game with a prize fund of £2,000,000 and involves predicting the correct score of six matches which are mainly from the English Premier League. This is a weekly pool that is available to play at least four days before the relevant matches. Entries can be made for between £0.20 and £2.00.
A Smart Pick option selects random results and perms can be made over a number of lines. Players can choose from six home and away results, two draw scores and any other home, away and draw outcomes. There are consolation prizes for getting four and five results right.
Pools are either Running when matches have taken place or Open when the pool can be played but no matches have started. Colossus Bets offer several other minor pools as indicated in this table:
|Pick 3||Correct score||£5,000|
|Pick 4||Correct Score||£30,000|
The Colossus Bets app is now on the market for the iPhone and Android. Entering games on the move is now fast and secure once the app has been installed on a handset or tablet. To download the iPhone or iPad version customers must visit the App Store and search for Colossus Bets.
A link is supplied for the Android app and settings have to be adjusted in line with easy to follow and understand instructions. Device administration must be set to Unknown Services before the app can be installed. The Colossus Bets app is available for mobile and tablet devices in addition to the desktop version of the site.
The mobile app provides the opportunity to win £5,000,000 and the probabilities are improved by covering a spread of results. The Colossus Bets app allows customers to take a big prize before a bet expires by using the cash out facility.
One negative is that not much about each game can be viewed before registering and opening an account but that is a minor drawback to an effective pool betting app. Bear in mind that you can also benefit from Colossus Bets bonus code while betting on mobile devices.
The Colossus Bets iPhone and Android app are very different to other betting apps that offer standard odds and events for betting. The mobile app is clean and simply laid out and offers pool betting with massive prizes and jackpots and consolations for getting most predictions correct.
Colossus Bets are present on Twitter, Facebook, YouTube and LinkedIn. The Twitter feed includes details of the pools and Twitter tweets, followers and likes. The Facebook page allows other Facebook users to communicate with the operator.
Customers can also interact on a blog that includes previews of upcoming pools, tips, match previews and general soccer news mainly associated with the English Premier League. Michael Owen puts his name to views and tips.
The blog also includes a player guide and archived stories. There is a link to the FAQ section and details of the Refer a Friend scheme. The blog is well presented and links to current and past stories are clear and easy to navigate.
Colossus Bets has modified the original format and taken the concept online. The company is licensed and regulated by the UK Gambling Commission and is a member of the Independent Betting Adjudication Service that settles disputes. The site is safe and secure and since Michael Owen has a trusted representative.
He scored 40 goals for England and could have scored 20 more but for several injuries towards the end of his international career. He will always be remembered for scoring a brilliant individual goal for England against Argentina in the 1998 World Cup. Owen puts his name to trusted brands so Colossus Bets have chosen wisely in using his image.
If pools are not your thing then you can see what offers some of the more traditional bookmakers have like Matchbook and Coral.
One way to contact Colossus Bets is through sending a letter to the following address: Colossusbets Ltd, Unit 10, 4 Bloomsbury Square, London, WC1A 2RP. This, however, is a rather rarely used form of contact so if you also happen to be the more digital-oriented person, take a look below:
Customers can also complete a contact form for questions and comments and use the contact address for the same purpose.
Colossus Bets offer the potential to win good returns for small stakes. The concept is broadly based on the Pools in the UK whereby small staking customers have a weekly chance to win a fair prize.
In general, the bookie tries to meet its customers halfway by offering interesting incentives such as the Colossus Bets bonus code. Thus they keep customer experience in mind.
The same goes for providing mobile betting experience. The desktop and mobile versions are well presented and easy to use. Both include a blog and tips.
The pools involve matches from the English Premier League and other leagues in Europe. Bets span a full weekend or evening of fixtures and players can keep track of the progress of their bets and cash them out to guarantee a profit after making some correct predictions in the earlier matches. Colossus Bets are a secure and safe source of football pool betting.
There is an FAQ section which highlights the rules for entering a pool and explains some of the technical issues. Some of the questions are covered in other parts of the review but below is a summary of other key issues to be considered when entering a pool and deciding on the stake unit and predictions.
A pool is not always won and this happens when no entry correctly predicts the outcome of each match or even sufficient correct predictions to win a consolation prize. Stakes in a pool not won are not returned to players but carried forward to the next similar game.
Rollovers are taken forward to a like for like pool and onto the next week of fixtures. If a pool including matches in the English Premier League is not won it will be taken forward to the next set of fixtures in that league.
In some instances, pools may not be popular and not attract enough players to justify a significant prize fund. Colossus Bets will guarantee a prize regardless of fees that are accumulated from players.
The guarantee is a minimum and the prize ultimately may be bigger than the guarantee if the amount staked is more than the agreed figure. Players can enter a competition once it has been loaded and up to the published start time of the first match.
No entries are allowed once the first fixture has begun but bets can be closed out when cash out is offered before expiry.
Sometimes the site will make an offer to buy back a ticket before the bet has expired after login. This usually happens after the conclusion of one or more match in the pool or at half time of a match on the ticket. Some of the bet can be cashed out to guarantee a profit regardless of the outcome of the outstanding fixtures.
If the bet wins the return will be adjusted to take into account the amount of the bet that has been closed. Customers may decide not to cash out but the bet could ultimately be lost even if some of the early predictions are correct.
Each pool has a unit stake for an entry to be valid for the specified prize. The unit stake is generally £2 or the equivalent in other currencies. Customers can play with a lower or fractional stake unit but the prize on offer is reduced accordingly.
If a game is played for £0.20 when the unit stake is £2.00 then only 10% of the prize can be won. Prizes change in the same ratio as the level of staking. The Smart Pick option makes selections randomly from the scope of potential outcomes. Smart Pick suggestions can be rejected or accepted.
One of the attractions of Colossus Bets is pools over a selection of matches taking place over the weekend. Players can see the progress of their selections in running pools and a historical record of previous pools.
As goals and results are confirmed the pool history is updated. The Unit Distribution table shows the number of live tickets associated with unfinished matches.
Adjustments are made for currency fluctuations so some bets may appear to be more or less than the British pounds unit. All financial data is shown in Sterling for simplicity.
Consolations reward bettors who get most of the outcomes correct but may have missed out on one fixture. The £5,000,000 Colossus involves seven matches so there are separate bonuses for getting six and five right.
Consolation prizes are advertised ahead of the start of the first match in a pool. There is also a bonus match which jackpot winners must predict to win the bonus. The bonus leg is usually in a set of fixtures that are played in the week following the original winning line.
Players who cash out cannot increase the jackpot the following week. Winning players must predict the correct score of the bonus match.