Monarch is the first Colorado-based casino company to enter the state’s online sportsbook space. Since then, BetMonarch has acquired thousands of customers, providing seamless sports and Esports betting services.
Our BetMonarch review provides details on what you should know about betting with this bookie.
BetMonarch Account and Website Info
You can access BetMonarch services both over the phone and through the internet. There are 2 different websites for the BetMonarch brand. There is a first website for the Monarch Casino Resort group and contains links to its various services, including resort, casino, dining, wellness, entertainment and others.
betmonarch.com
Then there is another made for BetMonarch online Sportsbook. This other website is the primary avenue for BetMonarch players and partners, including bettors and agents. Nonetheless, you will find links to these different sections on this BetMonarch website. All you need to do is go to the main page, and you will find the other buttons for these various sections at the top bar of the homepage.
Note that the BetMonarch website only exists for you to view essential information. Each button contains a link to each sport’s rules and betting guide. For instance, clicking on the “Sportsbook” button should take you to a page where you find the rules and requirements for all BetMonarch sports like football, basketball, soccer, etc.
You can’t carry out essential transactions such as opening an account, depositing funds, placing bets or others on the BetMonarch betting site. To do all these, you need to download the BetMonarch app.
How to Open a BetMonarch Account
Opening a BetMonarch account is straightforward. Nonetheless, note that you can’t open an account on the website. You need the BetMonarch Sportsbook app to open an account.
Follow the steps below to open an account:
- Download the BetMonarch sports app for iOS and Android devices. You can access the iOS app directly on the Apple App Store.
- Launch the app, and follow the sign-up process.
- You need to supply critical personal information such as your name, email, phone number, address, date of birth and the last four digits of your social security number (SSN).
- The sportsbook will carry out background verification on the information you provide. If everything checks out, you will receive an email confirming that your account is ready for use.
Take note of the following:
- The name and other information you provide must tally perfectly with whatever is on your government-issued identity document. If not, BetMonarch may decline to open your account.
- You must have clocked 21 years of age to open a BetMonarch account.
- Finally, you must be physically present within a BetMonarch location to open an account or use its services. The only state where the sportsbook has a license is Colorado. Thus, only BetMonarch Colorado users can open and operate an account with the bookie.
How to Close a BetMonarch Account
If, for any reason, you wish to close your BetMonarch account, follow the steps below:
- Craft an email with a title related to “Request to Close My BetMonarch Account.”
- Provide essential details, including your BetMonarch sports betting account number, username, official name, and email address.
- Send the email to sportsbook@monarchblackhawk.com. You should get a response telling what steps to take next.
BetMonarch Quick Facts
📅 Year Established | 1972 |
🤑 Welcome bonus | ➖ |
📱 Mobile application | iOS |
💵 Minimum Bet | $1 |
🔝 Maximum Profit | Unlimited |
↩️ Payout Percentage | 95% |
🖱️ Live (In-Play Mode) | ➖ |
📺 Live streaming | ➖ |
💸 Cash Out | ➖ |
🎰 Other Products | Casino |
Banking
BetMonarch has made various options through which its players can deposit funds and withdraw their winnings.
Min. deposit | $40 |
Deposit Charge | Free of charge |
Min. Withdrawal | $10 |
Withdrawal time | Up to 5 working days |
Payout | 95% |
See its deposit and withdrawal details below:
BetMonarch Deposit Methods
Take note of the following when making deposits at BetMonarch.
The 3 main methods through which you can make a BetMonarch deposit are:
- The BetMonarch Play+card
- Bank transfer
- Cash at Cage
- Looking for crypto? No, not at this bookmaker, but there are many others from our list of bookmakers accepting bitcoin.
The Play+ card is available both as a virtual card and a physical card.
You can fund the BetMonarch Play+ card via a credit card. For the Cash at Cage method, you must visit a BetMonarch retail outlet to make your deposit.
BetMonarch Minimum Deposit
BetMonarch requires at least $40 for a deposit when you use the Play+ card or bank transfer methods. However, there are no minimum deposit requirements if you’re depositing at the cage. The minimum deposit that applies to you will depend on your preferred payment channel.
How Much Does BetMonarch Charge for Deposits?
BetMonarch doesn’t levy fees when you deposit into your sports betting account. Expect your selected payment channel to cut some charges, such as transaction fees. For instance, your bank will pay some fees to process the transfer.
However, the Cash at Cage is free.
How Long Does It Take to Make a BetMonarch Deposit?
The deposit duration will depend on your chosen payment channel, as some payment methods are faster than others. BetMonarch states that bank transfers should take an average of 1-2 days, while the Play+ card may take 2 or more days. You need to fund it beforehand using a credit or debit card.
Nonetheless, the Cash at Cage method is the fastest, as you can walk into a BetMonarch Colorado retail outlet and make a deposit in minutes.
BetMonarch Withdrawal Methods
If you wish to withdraw your winnings from your BetMonarch account, take note of the following:
The BetMonarch Withdrawal methods are also the same as those available for deposits. So, you can choose Play+ cards, bank transfers, or Cash at Cage.
We noticed that people often look for Paypal as the most convenient and secure way to deposit and withdraw money. Unfortunately, this bookmaker does not work with it, but others from our list of the best betting sites with Paypal do.
If you withdraw via the Play+ card, you have multiple options of converting the funds to cash. For one, you can transfer it to your credit/debit card or your bank. Then, you can get the physical Play+ card and use it to withdraw at ATMs. You can also use it for purchases at supported retail outlets.
All you need to do for the Cash at Cage is walk into a BetMonarch retail location, provide your account details, and get your withdrawal in cash.
BetMonarch Minimum Withdrawal
The minimum withdrawal amount is also $40 for the Play+ card and bank transfer methods. However, if you withdraw at the retail outlet, the minimum withdrawal is $0.
How Much Does BetMonarch Charge for Withdrawals?
BetMonarch doesn’t require any fees when you withdraw your funds. However, expect your credit card provider or bank to take their cut from your funds as transaction processing fees.
Nonetheless, with Cash at Cage, no charges apply whatsoever.
How Long Does It Take to Make a BetMonarch Withdrawal?
BetMonarch has done everything to make your withdrawals as fast as possible. Nonetheless, a lot of things are decided by the payment channel. For instance, bank transfers may take up to 2 days, while the Play+ card may take longer.
The Cash at Cage is the exception, as you get your funds immediately.
BetMonarch Bonuses
One of the means through which sportsbooks attract players is the bonus or promotional package. These bonuses and promotional offers provide a means for bookies to encourage their players by helping to boost their winning chances.
With bonuses, wagers get extra funds or points to make bets and potentially record wins. Some bonuses are without conditions, while others may need a BetMonarch promo code.
BetMonarch Free Bets
For free bets for players to access traditional bonuses, they often need to meet some requirements, such as depositing funds or playing a certain number of wagers. However, free bets don’t come with any conditions. They are free promotional offers that traders can access without depositing funds or playing stakes.
Bookies often offer free bets to new players with which they can play their first on the bookmaker’s platform. Unfortunately, a BetMonarch free bet doesn’t provide yet.
BetMonarch Welcome Bonus
Sportsbooks offer welcome bonuses to new wagers on their platforms, providing these players with boosted funds to make bets.
Again, sadly, you don’t get any welcome bonuses from BetMonarch. So no BetMonarch bonus code applies here.
Instead, BetMonarch bonus offerings come in a rewards program where players earn benefits when they play bets or carry out other wagering activities on various BetMonarch platforms. So, if you make online bets on the BetMonarch app or in-person at various BetMonarch retail outlets, you should rack up compensation and tier points, qualifying you for VIP perks.
BetMonarch has a dedicated website, MonarchRewards.com. You must sign up there, track your points, partake in free online contests, and earn other rewards. The Monarch Reward program has 5 levels, with benefits such as free buffets, hotel stay discounts, access to premium sports competitions, and others.
What to Bet On
BetMonarch has made a top-notch betting service where players can wager on top sports and events.
Number of Sport Games | 10 |
Number of Sport Events | 25 |
Live Events Daily | - |
Live Events Monthly | - |
Pre-match Events per Month | 600 |
Sports Betting
Since coming into sports betting, BetMonarch has built a vital sportsbook service offering users access to a list of sporting types and events.
Available Sports
With BetMonarch, you can wager on the most popular sporting types, including basketball, baseball, boxing, football, hockey, soccer, tennis and others.
Beyond the traditional sports, you also get access to not-so-popular games like lacrosse, darts, snooker, horse racing, etc. Regardless of your sporting interests, BetMonarch should have something for you.
Sport Competitions
Across both famous and less-followed sports, you can access top competitions and tournaments. For instance, in football, the sportsbook has strong coverage of the National Football League and college football.
Also, players can access pregame and live betting options for most tournaments and events.
Special Events
While sports betting has always been the most popular form, punters and others are considering gambling on other betting types. One of the most popular is event betting, where people wager on the outcomes of events in politics or entertainment. For instance, you can wager on the potential winner of an election, such as the US Presidential polls or the results of a referendum, such as Brexit.
Unfortunately, BetMonarch offers don’t include special events betting at the moment.
Esports Betting
Another form of sports betting that has grown in popularity is Esports betting. Here, bettors place wagers on the outcomes of video games, with expert gamers taking on one another.
BetMonarch has a top-notch Esports betting service that lets you wager on gamers playing popular games such as CS: GO, Dota 2, League of Legends and others.
BetMonarch Live Betting
Before now, wagers only had the option of placing bets before games were due to start. However, innovative sportsbooks are making it available for them to place bets on ongoing matches, and BetMonarch is one of such bookies. BetMonarch live betting enables you to log into the app, search for endless games and place your bets.
However, BetMonarch live betting often comes with less attractive odds than what you get for pregame bets.
Live Streaming
Whenever players place live bets, they would desire to watch as the games unfold by watching it live. To save them the difficulty of subscribing to multiple streaming services, sportsbooks now offer live streams of games within their platforms. Sadly, BetMonarch bookmaker doesn’t offer this service yet.
Mobile Betting
Everyone owns a smartphone, and most people would want to access any online service from their phones. Top sportsbooks like BetMonarch have responded to customer demand by optimizing their service for mobile users.
BetMonarch Sportsbook App
You can experience the BetMonarch mobile bet experience via its smartphone app.
Essential activities like opening an account, conducting verifications, funding accounts and placing bets can only happen on the BetMonarch mobile app.
The BetMonarch sports betting app is intuitive and user-friendly, with easy access to essential tabs and sections.
If you use an iOS device, you can download the BetMonarch sports app directly from the Apple App Store. However, there is no BetMonarch mobile app on the Google Play Store. You can only download the APK from the BetMonarch website.
BetMonarch Pros and Cons
BetMonarch possesses several strong points, but there are also a few misses.
PROS | CONS |
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PROS
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CONS
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Cash Out
In the past, wagers needed to wait for the outcomes of games before claiming wins or losses. Now, bets can end their wagers even before a game concludes. It is called Cash Out.
Unfortunately, BetMonarch doesn’t have a cash-out program.
BetMonarch Sportsbook Odds
Rather than outsource it, BetMonarch sets its odds. As a result, BetMonarch odds are some of the most attractive in the industry.
Sports | Historical Odds |
---|---|
⚽ Football | 90.41 % |
🏀 Basketball | 93.21 % |
🎾 Tennis | 94.13 % |
🏏 Cricket | 92.86 % |
👍 Overall | 92.99 % |
With this sportsbook, you should get significant returns for your wins.
Other Products
BetMonarch recently entered the sports betting space and has been in other niches before launching its sportsbook service. One such is its casino. BetMonarch resorts and casinos offer unrivalled casino playing experiences, with bettors accessing popular games, including Blackjack, poker, craps, roulette, Baccarat, and wild. However, the casino is only available physically, as there is no online casino service.
Contact and Support
The main channels for reaching BetMonarch customer service include:
Support email | sportsbook@monarchblackhawk.com |
Support Phone Number | 303 582 1000 |
Live chat | No |
Unfortunately, there is no Live Chat option. Instead, you have a detailed FAQs section on its website which should answer most questions.
BetMonarch Verdict
BetMonarch is new to the sportsbook space but appears to have made some significant marks. While there is still room for improvement, our BetMonarch review proved that the bookie has gained a sizable market share in the Colorado space and is gradually expanding. If you need a great odds sportsbook that seamlessly connects online betting to in-person gambling, you should check out BetMonarch.
Frequently Asked Questions
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How to register a new account at BetMonarch?Download the BetMonarch sports app for iOS and Android devices. You can access the iOS app directly on the Apple App Store, but you need to launch the app and follow the sign-up process. Follow the steps below to open an account. You need to supply critical personal information such as your name, email, phone number, address, date of birth and the last four digits of your social security number (SSN). The sportsbook will carry out background verification on the information you provide. If everything checks out, you will receive an email confirming that your account is ready for use.
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Is BetMonarch sportsbook legit?Yes. The sportsbook is registered and licensed by the Colorado government and is used by thousands of wagers.
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Is BetMonarch online legit?Yes. Both BetMonarch online and offline are legit. They have the proper licenses and abide by the rules set by the state.
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How is the BetMonarch sportsbook payout?The 3 significant channels are Play+ card, bank transfers, and Cash at Cage.
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