Colossus Bets Review – The Ultimate Guide (2020)

Colossus Bets
4.0 / 5
Bookmaker Review | Colossus Bets
  • Pool-Based Betting System
  • Partners with i.e. Betfair and BoyleSports
  • Refer-a-Friend and Loyalty System
Latest Offer
Latest Offer
100% up to ÂŁ100
T&C APPLY, 18+ ONLY
T&Cs APPLY, 18+ ONLY

Colossus Bets will match the value of your first 72 hours of play in bonus funds up to ÂŁ100 (or currency equivalent). The time starts counting from the point when you make your first real money (not FreePlay) bet and the maximum amount of bonus funds that can be awarded to each new player is ÂŁ100. You can use your bonus funds to fund any bet into a Colossus pool. Colossus Bets will automatically use bonus funds ahead of cash to fund your bets. You can use a combination of bonus funds and cash to fund a bet. Bonus funds may take up to 3 working days to be credited to your account after the completion of the 72-hour period and you have 12 months to use them. T&Cs apply. 18+

FEATURES

UK Gambling Commission
UK Gambling Commission License Logo
Live Stream
VIP Program
Cashout
Bet Builder
Support 247
Native App
Crypto Currency
Established in 2012

PROS

  • Several Partners, including the likes of Betfair, Betdaq, BoyleSports, and Matchbook
  • PayPal payments accepted
  • Several promotional offers on offer
  • You can receive FreePlay rewards every Monday

CONS

  • Colossus Bets does not offer odds on Esports or Specials
  • No Live Offer, except Greyhound Racing
  • Missing 24/7 Customer Support
  • Several Partners, including the likes of Betfair, Betdaq, BoyleSports, and Matchbook
  • PayPal payments accepted
  • Several promotional offers on offer
  • You can receive FreePlay rewards every Monday
  • Colossus Bets does not offer odds on Esports or Specials
  • No Live Offer, except Greyhound Racing
  • Missing 24/7 Customer Support

Having been established in 2012, Colossus Bets is a unique bookmaker in its own right and comes with great fanfare. If you are looking for some much-needed spice in your betting escapades, Colossus Bets might be the bookmaker for you. The bookmaker offers a pool-based betting system, where you can pick the outcomes/scores, of sporting events, and win jackpots. Colossus Bets has several partners, including the likes of Betfair, Betdaq, BoyleSports, and Matchbook.

The purpose of this review is not to determine whether Colossus Bets is a good bookmaker, as this is an established fact. The purpose of this review is to gauge the various features Colossus Bets has on offer, and to establish whether the bookmaker ticks all the right boxes when it comes to you choosing a betting platform. Does Colossus Bets offer all the features you expect of a bookmaker? Read on to find out, and learn much more, in due course of our detailed Colossus Bets Bookmaker Review.

Registration Process
4.5 / 5

  • Streamlined registration process, which requires you to provide your personal identification details
  • After you register, Colossus Bets will ask you to upload personal identification documents
  • As soon as your documents are verified, you can deposit funds into your Colossus Bets account
  • The bookmaker may send you an email, asking for documents to provide evidence of your source of funds/wealth

Registration

 

The registration process at Colossus Bets is simple. As soon as you open the bookmaker’s website, you will be directed to a page, which looks like the above mentioned image. Colossus Bet displays its welcome offer, on its opening page, as can be seen on the bottom right of your screen.

To register at Colossus Bets, you must click on the “Sign up” button, present at the bottom right of your screen. As soon as you click on this button, you will be redirected to Colossus Bets’ registration form.

The bookmaker’s registration process, entails three steps. The first step requires you to enter your email address.

 

Registration

 

As can be seen from the above mentioned image, Colossus Bets has displayed its welcome offer, during the first step of its registration process as well. As soon as you have entered your email address, click on the “Confirm” button. You will be redirected to a screen which looks like the below mentioned image.

 

Registration

 

The second step of Colossus Bets registration process, requires you to choose your gender, enter your first name, enter your last name, input your date of birth, choose your country of residence, enter your address, and your mobile number.

 

Registration

 

Once you have entered all the above mentioned details, click on the “Continue” button. As soon as you click on this button, you will be redirected to a screen, which looks like the below mentioned image.

 

Registration

 

The third and final stage of Colossus Bets’ registration process requires you to choose a unique username, enter a password, and choose a security question. You can choose to answer a question pertaining to either your mother’s maiden name, the name of your first pet, or the first street you lived on, as your security question.

 

Registration

 

You must also choose your preferred currency, and enter a referral code, if you have been referred to Colossus Bet, by a friend. If you want to receive Colossus Bets’ new player bonus, and stay up to date with information related to their free bets, promotions, and offers, tick the “Yes, please” box.

It must be noted that you have to tick this box, if you want to avail Colossus Bets’ welcome offer. We will discuss details of the bookmaker’s offer, in another section of this review. Once you have entered all the above mentioned details, click on the “Continue” button.

As soon as you click on this button, you will be redirected to a page, which looks like the below mentioned image.

 

Registration

 

Before you can deposit funds into your Colossus Bets account, you must upload personal identification documents, for verification purposes. Colossus Bets will ask you to upload Photo Identification, and Proof of Address documents.

As soon as your identity is verified, you can deposit funds into your Colossus Bets account. It must be noted that you can neither deposit funds, nor place a bet on any market, till your identity is verified.

Colossus Bets may also send you an email, asking you to provide proof of your source of funds/wealth. They will reveal which documents you need to upload for the same, in the email that they may send.

Deposit and Withdrawal Options
4 / 5

  • A variety of deposit options are available to customers
  • Minimum deposit fee is ÂŁ10 for all options
  • You can set deposit limits
  • No deposit and withdrawal fees are charged, whatsoever

Before you can deposit funds into your Colossus Bets account, you must upload personal identification documents, for verification purposes. Colossus Bets will ask you to upload Photo Identification, and Proof of Address documents.

As soon as your identity is verified, you can deposit funds into your Colossus Bets account. It must be noted that you can neither deposit funds, nor place a bet on any market, till your identity is verified.

Click on the “Deposit” option, present at the top right of your screen, in order to make a deposit. You can choose to set a deposit limit for a 24 hours, 7 day, or 30 day period. The most popular deposit options on Colossus Bets are PayPal and Fast Bank Transfer.

Several other deposit options, like Skrill, Neteller, and Trustly, among others, are available. It must be noted that the bookmaker does not charge any deposit, or withdrawal fees.

That being said, the use of Credit Cards is banned altogether, since the 14th of April. The minimum deposit amount at Colossus Bets is ÂŁ10 for all options. Funds are deposited into your account instantly.

When it comes to withdrawals, withdrawing via Fast Bank Transfer takes up to 5 Working Days. All other options are processed instantly. If you are looking to withdraw funds exceeding the ÂŁ10,000 threshold, you should look to withdraw funds via Fast Bank Transfer.

Welcome Offer
4.5 / 5

  • At the time of writing, the welcome offer on Colossus Bets is a 100% bonus up to ÂŁ100, on your first 72 hours of play
  • You do not have to enter a welcome offer promo code during the registration process
  • Your bonus funds will expire after 12 months of being credited

Welcome Offer

 

The welcome offer on offer, at Colossus Bets, is quite interesting. As soon as you open the bookmaker’s website, you will be directed to a page which looks like the above mentioned image. As can be seen from the image, Colossus Bets has displayed its welcome offer, on the bottom right of the website’s opening screen.

At the time of writing, the bookmaker is offering a 100% bonus up to £100, on your first 72 hours of play. Click on the “Full T&C’s apply” option, in the “New player bonus” box, to reveal further details with respect to Colossus Bets’ welcome offer. As soon as you click on this option, you will be redirected to a page which looks like the below mentioned image.

 

New Player Bonus

 

As soon as you place a real money bet, the bookmaker will determine your welcome offer bonus amount, up to ÂŁ100, on your first 72 hours of play. You can use your bonus amount to fund any bet on the bookmaker, and the bookmaker will ensure that your bonus funds are used ahead of your deposited funds.

You can also choose to use a combination of your bonus funds, and deposited funds.

That being said, it will take up to 3 Working Days, for Colossus Bets to credit bonus funds into your account, after you have completed the bookmaker’s mandatory 72 hours period of play. You must use your bonus funds within 12 months, after which your funds will be declared void.

Sportsbook Promotions
4.5 / 5

  • Several promotional offers are on offer, at Colossus Bets
  • At the time of writing, you can win a FreePlay token, by referring Colossus Bets to a friend
  • As soon as your friend registers, verifies his/her identity, you and your friend will receive ÂŁ10 in your Colossus account
  • You can receive FreePlay rewards every Monday, if you bet at least ÂŁ5, on a weekly basis

 

Promotions

 

At the time of writing, much like its unique nature, Colossus Bets offers several interesting promotional offers. If you refer the bookmaker to a friend, via your unique RAF Code (Refer a Friend Code), you and your friend will receive ÂŁ10 in your Colossus account. To receive this amount, your friend must successfully register on Colossus Bets, and verify his/her identity as well.

Colossus Bets offers a loyalty scheme as a promotional offer as well. If you bet at least £5, on a weekly basis, you stand a chance of winning FreePlay rewards every Monday. There are three Loyalty Tiers, according to which you receive FreePlay rewards –

  • Tier 1 = Bronze: ÂŁ5 – ÂŁ24.99
  • Tier 2 = Silver: ÂŁ25 – ÂŁ74.99
  • Tier 3 = Gold: ÂŁ75+

If your weekly spend falls into any of the above mentioned categories, you will receive FreePlay rewards as per Colossus Bets’ Loyalty Tiers

  • Tier 1 = Bronze: Flexible 4-line 20p FreePlay
  • Tier 2 = Silver: Flexible 4-line 50p FreePlay
  • Tier 3 = Gold: Flexible 6-line ÂŁ1 FreePlay

It must be noted that only Solo, and Syndicate contributions count towards this promotional offer. Any funds contributed as a Syndicate captain, into your own Syndicate, will not be counted. At the time of writing, there are two more promotional offers on offer, at Colossus Bets.

VIP Program

While Colossus Bets does not offer a VIP program per se, it does offer a Loyalty Scheme. If you bet at least £5, on a weekly basis, you stand a chance of winning FreePlay rewards every Monday. There are three Loyalty Tiers, according to which you receive FreePlay rewards –

  • Tier 1 = Bronze: ÂŁ5 – ÂŁ24.99
  • Tier 2 = Silver: ÂŁ25 – ÂŁ74.99
  • Tier 3 = Gold: ÂŁ75+

If your weekly spend falls into any of the above mentioned categories, you will receive FreePlay rewards as per Colossus Bets’ Loyalty Tiers

  • Tier 1 = Bronze: Flexible 4-line 20p FreePlay
  • Tier 2 = Silver: Flexible 4-line 50p FreePlay
  • Tier 3 = Gold: Flexible 6-line ÂŁ1 FreePlay

It must be noted that only Solo, and Syndicate contributions count towards Colossus Bets’ Loyalty Scheme. Any funds contributed as a Syndicate captain, into your own Syndicate, will not be counted.

Pre-Match Offer
4 / 5

  • Colossus Bets offers a unique Sportsbook offering
  • The bookmaker offers a pool-based betting system, where you can pick the outcomes/scores, of sporting events, and win jackpots
  • Colossus Bets offers a pool-based betting system for six sports – Football, NBA, Ice Hockey, Darts, Greyhound Racing, and Horse Racing
  • You can choose to go Solo, join a Syndicate, or become a Syndicate Captain by creating your own Syndicate

 

Offers

 

At the time of writing, Colossus Bets offers a pool-based betting system for six sports, including the likes of Football, NBA, Ice Hockey, Darts, Greyhound Racing, and Horse Racing. The bookmaker’s Sportsbook is unique to say the least. Instead of choosing to punt on a betting market backed by odds, you can join a pool-based betting market as a “Solo” punter, as a part of a “Syndicate”, or as a Colossus Captain, with your own Syndicate.

As a “Solo punter, you must first click on either the “Sports” option, or the “Racing” option, present on the website’s main navigation bar, as per the market/markets you want to delve into. You must then choose a pool-based betting market that you would like to participate in, and click on the “Play” option.

You will see options to play “Solo”, and to join one of the many available “Syndicates”.

Under the “Solo” option, you must make your predictions for the various available selections, for the pool-based betting market that you are participating in, and choose the number of lines you want to place a stake on, as well as the stake you want to place per line. A line in essence is a set of selections.

You can make multiple selections (Multiple Lines) for a pool-based betting market, but this will in turn increase the cost of your ticket. If your set of selection/selections leads to a win, you will receive a share of the pooled jackpot, as per the number of winners, and the jackpot amount. You may receive a reward, even if you get one selection wrong.

If you want to join a “Syndicate”, follow the same steps as mentioned above, and look through the various available Syndicate pools, under the “Syndicates” option, which is present towards the right of the “Solo” option. Joining a Syndicate does come with certain advantages.

You can benefit from the knowledge of fellow members of your Syndicate, share your ticket on social media and enjoy the action as a team, and most importantly, crowdfund your Syndicate. If you join a Syndicate, with a big ticket, you have a greater chance of winning a jackpot.

You can purchase up to 50% of a Syndicate. If your Syndicate is not crowdfunded by at least 90% percent before the first event of a betting pool selection starts, the Syndicate will be voided, and all punters will be returned their initial stake. As a Syndicate Captain, you can create your own Syndicate, and have control over cashing out (Cash out).

A Syndicate Captain has to purchase at least 10% of a Syndicate. As a Solo player, or a Syndicate Captain, you will only receive Cash Out offers at intervals, when there are no in-play games/races in a betting pool. Colossus Bets’ betting system is interesting, and while it is nothing like conventional betting, it sure has our attention! Unfortunately, the number of sports markets are limited, and we hope that they work on this in due course of time.

Esports

At the time of writing, Colossus Bets does not offer odds on Esports. The bookmaker operates differently, so there is no real scope for offering odds on Esports bets anyway.

Other Specials

At the time of writing, Colossus Bets does not offer odds on specials. The bookmaker operates differently, so there is no real scope for offering odds on specials bets anyway.

Cash Out and Bet Builder

Colossus Bets offers its customers Cash Out, but not Bet Builder. The bookmaker operates differently, so there is no real scope for Bet Builder on Colossus Bets anyway.

Cash Out is an excellent feature which allows you to retrieve partial winnings on a placed bet, if you feel that you may go on to lose out on a pool-based betting market. On Colossus Bets, Cash Out is only available to Solo players, and Colossus Captains. As a Syndicate Captain, you can create your own Syndicate, and have control over cashing out (Cash Out).

A Syndicate Captain has to purchase at least 10% of a Syndicate. As a Solo player, or a Syndicate Captain, you will only receive Cash Out offers at intervals, when there are no in-play games/races in a betting pool.

>Live Offer
1 / 5

  • Colossus Bets does not come with a live offer, per se
  • You can live stream greyhound races

Colossus Bets does not come with in-play, and live betting options. The bookmaker operates differently, and hence we understand its lack of a live offer. That being said, you should keep an eye on your placed bet/bets (Especially if you are a Colossus Captain), as and when a match is underway.

You may be offered an option to Cash Out. If you feel that cashing out is the right thing to do, go ahead!

As of 2019, Colossus Bets does come with an option to live stream Greyhound Races. What’s more, there is no qualification criteria for the same. To watch a Greyhound Race, all you have to do is log in to your account, and watch the action unfold!

We hope that Colossus Bets offers more sports to live stream, in the near future. Given the number of football betting pools that they offer, venturing into football would be a great proposition.

>Security
4.5 / 5

  • Regulated and licensed by the United Kingdom Gambling Commission
  • “Responsible gambling” section
  • You are not allowed to deposit funds into your Colossus Bets account, until your account has been verified

Colossus Bets is licensed and regulated by the United Kingdom Gambling Commission. The bookmaker offers a safe, and secure platform, which ensures that your stored funds are not leached on, and that your personal information is not leaked to third party organizations.

Colossus Bets comes with an excellent responsible gambling section. They are affiliated to GamStop, the Independent Betting Adjudication Service (IBAS), and, BeGamblingAware.org. To access the bookmaker’s responsible gambling section, click on the “Responsible gambling” option, present at the top left of the bookmaker’s website. As soon as you click on this option, you will redirected to a page, which looks like the below mentioned image.

 

Responsible Gambling

 

Colossus Bets allows you to set deposit limits, and self-exclude yourself from the platform, if you ever feel that you are over-indulging yourself on Colossus Bets. The bookmaker also offers an option to time yourself out of the platform, for 1, 7, or 30 days.

Once you have timed yourself out of Colossus Bets, you cannot access the betting platform until the time out period has concluded. Setting betting restrictions is not a bad thing, as in the end, you are ensuring your own mental, and physical sanity.

The bookmaker also offers support to help protect minors, and to aid in your recognizing a gambling problem, among other options. You must do your bit to ensure that you do not eat away your hard earned money.

The best approach is to create a responsible gambling plan, and bet sums of money which you can afford losing, although we hope that you win at all times! A risk worth taking, must be a risk worth losing. Colossus Bets is not related to any criminal activity whatsoever, and they have all the means to pay you back, if they ever go bankrupt. The bookmaker separates operational costs, from your winnings, at all times.

Overall, the bookmaker is safe, secure, and unique in its operations. If you do choose to bet on Colossus Bets, be rest assured that they have got your back.

Service and Customer Support
4 / 5

  • Customer support is available via Free Phone, Email, and Live Chat
  • 24/7 customer support service is not provided
  • You must click on the “Contact” section, present at the bottom left of the bookmaker’s website
  • You can choose to send an email, by filling Colossus Bets’ email form
  • You can call a Colossus Bet customer support representative from 08:00 to 22:00 GMT
  • Colossus Bet is available on Instagram, Twitter, and Facebook as well

 

Support

 

Despite not offering 24/7 customer support service, Colossus Bets offers a good network of customer support. You can choose to contact customer support via Free Phone, Live Chat, and Email. To access Colossus Bets’ customer support section, scroll down to the bottom of the website, and click on the “Contact” option, present at the bottom left of your screen.

You can access Colossus Bets Live Chat feature directly, by clicking on the “Live Chat” feature, present right above the “Contact” option. Via the Live Chat feature, you can contact a customer support representative to address your queries. A customer support representative will get back to you, during their hours of duty (Unspecified).

Colossus Bets’ Live Chat feature allows you to attach images as well, to give a customer support presentative on duty a graphical representation of a query that you may have.

Via the “Contact” option, you can choose to contact a customer support via Free Phone. Or Email. You can choose to send Colossus Bet an email directly, if you wish to seek a formal response to a query, by dropping an email at info@colossusbets.com. A customer support representative should reply to your query within 24 hours.

You can also choose to send in an email via Colossus Bets’ email template option. An email will be sent to the bookmaker automatically, from your registered email address.

If you wish to call a customer support representative instead, you can call Colossus Bets at +44 (0) 203 405 8420. A Colossus Bet customer support representative can be contacted via call, from 08:00 to 22:00 GMT.

The bookmaker is available on social media as well, and you can follow them on Instagram, Twitter, and Facebook. While we are not certain whether they will respond to queries via social media, you could try – The above mentioned options of contact are preferred.

Design and Usability
4.5 / 5

  • Simplistic, eye-catching design
  • Ease of navigation, and readily available sports markets
  • Colossus Bets’ blog section will enable you to understand the various features of the bookmaker
  • All options of access are present on the website’s homepage

Colossus Bets comes with a simplistic, eye-catching design. The website is set in a wonderful mix of gold, and white. The bookmaker’s website provides for ease of navigation, and readily available sports markets. All major options of access are present on the website’s homepage.

If you look at the top of your screen, you will see options to access Colossal Bet’s “Winners”, “Promotions”, and “Help” sections, among other options. Just below these options, exists Colossus Bet’s main navigation bar. Via the bookmaker’s main navigation bar, you can access its various betting pools, “Syndicates”, and “FreePlay” options.

At the centre of your screen, you will find a table which displays the bookmaker’s “Top trending Syndicates”, and at the right hand side of your screen, you will find a table, upon which last week’s (As of the time of you reading this review) top performing Captains will be displayed.

To access Colossus Bets’ customer support section, scroll down to the bottom of the website, and click on the “Contact” option, present at the bottom left of your screen. You can choose to contact customer support via Free Phone, Live Chat, and Email. You can access Colossus Bets Live Chat feature directly, by clicking on the “Live Chat” feature, present right above the “Contact” option.

Colossus Bets comes with an excellent responsible gambling section. They are affiliated to GamStop, the Independent Betting Adjudication Service (IBAS), and, BeGamblingAware.org. To access the bookmaker’s responsible gambling section, click on the “Responsible gambling” option, present at the top left of the bookmaker’s website.

Colossus Bets allows you to set deposit limits, and self-exclude yourself from the platform, if you ever feel that you are over-indulging yourself on Colossus Bets. The bookmaker also offers an option to time yourself out of the platform, for 1, 7, or 30 days.

Once you have timed yourself out of Colossus Bets, you cannot access the betting platform until the time out period has concluded. Setting betting restrictions is not a bad thing, as in the end, you are ensuring your own mental, and physical sanity.

The bookmaker also offers support to help protect minors, and to aid in your recognizing a gambling problem, among other options. The website comes with a dedicated blog section, which provides insights into sports, racing, and Colossus Bets’ winners. Unfortunately, Colossus Bets does not come with a dedicated statistics section.

Mobile
4.5 / 5

  • An app is available for both Android and Apple users
  • A mobile-friendly website is available too
  • The app provides for ease of access, and an option to bet on the go

Colossus Bets comes with a wonderful app for both Android, and Apple users. You can easily download the app via Google Play, and App Store. Colossus Bets also comes with a mobile-friendly website, which is perfect for punters who want to bet on the go, without having to download the bookmaker’s app. To access Colossus Bet’s mobile-friendly website, open the bookmaker’s website on your mobile phone, or tablet.

The app comes with the same features, as are available on the desktop version of the bookmaker. The app comes with better graphics though, and greater ease of choosing a betting pool. Probably the greatest advantage of using Colossus Bet’s app, is the fact that you can bet on the go, without having to rely on a computer system.

The same promotional offers are on offer, when it comes to Colossus Bets’ Android, and Apple app, when compared to the bookmaker’s desktop version.

Other Products

  • The bookmaker does not offer any other products

At the time of writing, Colossus Bets does not offer any other products, apart from select sports, and racing. The bookmaker is unique in its operations, and it is unlikely that they will venture into providing products like Casino, Bingo, Lottery, and Poker, among other options, in the near future.

That being said, we hope that they do indeed provide for other products, in due course of time.

ThePuntersPage Final Say

Having used the words “interesting” and “unique” to describe Colossus Bets, throughout this review, the bookmaker really is a class apart. The offerings it provides for, trump several conventional bookmakers. That being said, the purpose of this review is not to establish whether Colossus Bets is a good bookmaker, as this is a known fact. The purpose of this review is to determine whether Colossus Bets is an ideal bookmaker for you.

Having gone through the various facets of the bookmaker in detail, we have come to the conclusion that Colossus Bets’ likeability of being the perfect bookmaker for you, depends solely on you. The bookmaker comes with several pros and some noticeable cons. If the bookmaker’s pros trump its cons in your eyes, the bookmaker is the perfect match for you. Let’s start with Colossus Bets’ cons.

The bookmaker does not come with odds on Esports, and specials. Colossus Bets does not offer Bet Builder, and it does not come with a dedicated in-play section. The only sport that you can live stream on the bookmaker, is Greyhound Racing.

The bookmaker does not offer 24/7 customer support, does not come with a dedicated statistics section, and does not offer any other products, apart from pool-based sports markets.

The bookmaker, however, offers a secure, streamlined registration process, several deposit and withdrawal options, an excellent welcome offer, coupled with several wonderful promotional offers, and a unique, and eye-catching Sportsbook offering.

Colossus Bets also comes with utmost security of stored funds, and personal information, and a good mobile app. The bookmaker comes with a wonderful responsible gambling section as well. All in all, Colossus Bets is an excellent proposition, and if you like the idea of its Sportsbook offering, the bookmaker is an ideal choice for you.

OVERALL RATING:
4.0 / 5