Colossus Bets Review – The Worlds Biggest Sports Jackpot
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Colossus Bets offers pool betting games with the world’s biggest sports jackpots across a range of sports. Amounts staked will be placed into the Colossus Bets pools and winning players will share the relevant pool less any deductions.
It is incredibly hard to make money from gambling nowadays. This is where ColossusBets comes in. Many bookmakers will limit you if you are a winner, this does not happen at ColossusBets. Furthermore, ColossusBets offers far higher chance at making money then you will get on any other bookmaker. To add to this, all bookmakers have a limit on how much you can win, ColossusBets does not. They frequently have £5,000,000 (£5 million) prize pools that can be won weekly.
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What is Pool Betting
Pool betting is a form of betting where players contribute a fixed price (stake) into a pool and then make a selection on an outcome or series of outcomes (legs). The pool (after operator deductions) is then divided among those that have made the correct selection.
Colossus pools have modernised the traditional form of pool betting by featuring: guaranteed jackpot prizes – available to winners regardless of the total amount of player contributions into that pool; consolation prizes – for those who closely miss winning the big jackpot prize; and Cash Out opportunities – allowing players to sell all or part of their ticket back to Colossus and lock in a profit regardless of the outcome in the remaining legs in the pool.
What do the different pool types mean?
Colossus offers the following pool types:
- 1X2, where you need to pick the outcome of a series of matches
- Correct Score, where you need to guess the exact correct score for a series of matches
- Asian Handicap, where you need to guess the outcome of a series of matches given a specified match handicap
- Over/Under, where you need to pick whether the combined score of the two competing teams will be over or under a specified number
Colossus Bets Review: Design
The website has recently been re-done and looks beautiful. The UI is simple and intuitive making it easy for you to place your bets.
Mobile users are able to download an app on Android and iOS which is great to see. Many gambling websites have terrible websites that can make placing your bets incredibly difficult.
Colossus Bets Review: Features
The main feature of Colossus Bets is what they call jackpots or also known as pool betting.
Colossus offers various jackpots to enter. These range from correct scores, to picking the outcome (Win, Lose, Draw) as well Asian handicaps. Furthermore, they recently introduced NBA and Tennis pool betting.
You have the option to pick the difficulty of the jackpot. There is an option for Pick 3 to Pick 15. This means you only need to guess 3 correct scores to win a jackpot.
One great feature that Colossus offers is their FreePlay section which allows you to play jackpots without having to wager any money at all.
Finally, another new feature is the ability to bet in a syndicate. Similar to a lottery syndicate, users are able to contribute anything from £0.20 to £75 to a jackpot. If 10 people contribute then the total amount wagered will be much higher then if you did it yourself means you have a much higher chance of winning one of the jackpots.
Colossus Bets Review: Transactions
Users are able to deposit with several different methods. Including, debit and credit cards, Paypal, Skrill, Neteller, Paysafe Cards and Bank Transfers.
Is Colossus Bets a Scam?
No, Colossus Bets is not a scam. They have been around for a while and have a gambling license. Furthermore, they payout every winner. Even those who win the £5 million jackpot.