BetMonarch Review
Which is the best bookmaker in Colorado? With sports betting laws changing rapidly and new providers entering and leaving the market, it can be difficult to find the right option.
We’re passionate about giving our readers the information they need to make the best choice. In this BetMonarch review, we’ll be diving into everything that the sportsbook has to offer, including bonuses and promotions, the pros and cons, the betting markets it caters for and the banking methods available.
🔑 Key Takeaways
- Find out whether BetMonarch is legal in the US.
- Learn more about the pros and cons of BetMonarch.
- Discover the bonuses available to players at BetMonarch.
- Explore the betting markets on offer at BetMonarch Sportsbook.
Quick Facts About BetMonarch
Would you like to know more about BetMonarch? Let’s start with some basics!
| Foundation Year | 2020 |
| Founders | David Farahi |
| Number of US States Live in | One (Colorado) |
| Payment Methods | ACH transfer, cash (deposited in person at the provider’s physical location) |
| License(s) | From the Colorado Division of Gaming |
| Mobile App | ✅ Available on Android and iOS devices |
| Casino | ✅ |
| Live Betting | ✅ |
| Live Streaming | ✅ Within the physical locations |
| eSports Betting | ❌ |
Pros and Cons of Betting at BetMonarch: an Overview
As with anything in life, BetMonarch Sportsbook has a few key advantages and disadvantages to keep in mind before betting. I particularly liked how the app enhances the in-person betting experience with very competitive betting lines and a loyalty program when you bet online while playing in person.
| Pros | Cons |
| Competitive odds | Few payment methods |
| Reputable brand that is licensed and locally owned | No desktop website |
| Mobile app available for a wide range of devices | No welcome offer |
| Great selection of sports available to bet on | Only currently available in Colorado |
| Opportunity to bet on slots, casino and table games | |
| Loyalty program when you bet online via the app while playing at the retail location for opportunity to earn extra perks |
Is This Bookmaker Legal and Safe in the USA?
BetMonarch is not a brand-new sports betting provider in Colorado. On the contrary, the sportsbook is the online version of the Monarch Casino Resort Spa, which is licensed in Colorado under the name Monarch Casino Blackhawk. According to the Colorado Department of Revenue, BetMonarch is approved to offer sports betting in the state through the same license.
Is BetMonarch safe? It is a fully licensed and regulated bookmaker in Colorado and is tied to one of the most popular land-based casinos in the area. While nothing can guarantee an excellent user experience all of the time, BetMonarch has a lot going for it. The operator ensures the data security of the people using it via industry-standard security measures such as two-factor authentication.
What if you are not located in Colorado? That’s okay! You can find the perfect bookmaker for you using our legal sports betting states map.
Bonuses and Promotions at BetMonarch
The best part about online sports betting is the promotions that operators tend to offer users. BetMonarch is a bit different. It serves primarily to complement Monarch Casino’s physical sportsbook locations. This means that there isn’t much in the way of promotions to explore here.
However, it does have a Monarch Rewards program, which you can enroll onto by visiting the retail location. You can then start earning tier points and comp points every time you place a bet on sports. For every dollar bet, you will earn one point, and points determine your VIP status:
- Monarch – 0 points
- Ruby – 250+ points
- Emerald – 1,500+ points
- Sapphire – 7,500+ points
- Royal Diamond – 15,000+ points
- Black Diamond – Invite only
Climbing the loyalty ladder can earn you more rewards, with greater comp points available that can be converted into cash. Every $1 in comp cash is worth $1 in Monarch outlets and hotels – but you can even use it as bonus bets, with $1 of comp cash equaling $0.50 in bets.
You can also access additional gifts and benefits by improving your VIP status. Benefits include:
- Bonus play credits
- Buffet discounts at Monarch Casino Resort Spa
- Complimentary Drinks
- Preferred room reservations
- Free event tickets, travel and accommodation
- Use of VIP lounge
BetMonarch Mobile Experience
The BetMonarch app is available for users on both iOS and Android. It serves to enhance the physical sportsbook experience in Monarch Casino’s in-facility bookmaker, however, so it isn’t the most feature-rich option available.
Despite this, the user experience is smooth, and the app is easy to navigate. It is a straightforward option that offers users easy access to BetMonarch Sportsbook sports whether they’re sitting at a table in the sportsbook or not.
Banking Methods
No BetMonarch Sportsbook review would be complete without a quick overview of the payment options for deposits and withdrawals. With that in mind, let’s take a look at how easy it is to fund your account and claim your winnings.
Making a Deposit at BetMonarch
I’m a huge proponent of easy and varied banking options for online sportsbooks. In fact, I can’t think of anything more frustrating than struggling to fund my account at any bookmaker. BetMonarch straddles the line here, but mostly because it’s rather new and so closely related to a physical sportsbook. You have only two options when depositing: you can use a credit card, or you can make a bank transfer.
The good news is that both of these options are well implemented and easy to use. Deposits should register right away.
| Methods | Min Limit | Max Limit |
| Credit Card | $40 | Negotiable with the player’s credit card company |
| Bank Transfer | $40 | Negotiable with the player’s bank |
BetMonarch Withdrawal Process
Similar to the deposit process, the options for withdrawing funds at BetMonarch are rather limited. You can use the same two banking methods described above. Payout speed varies depending on your financial institution and the amount in question, but you can expect your money within a few business days on average.
| Methods | Min/Max Limits | Payout Speed |
| Credit Card | $40/Negotiable by player | 1-5 business days |
| Bank Transfer | $40/Negotiable by player | 1-5 business days |
Exploring BetMonarch Betting Markets
Is BetMonarch legit? Yes! There is an abundance of sports markets and bet types. You’ll find all of the usual suspects here, with users betting on everything from the NFL to the NBA. Available bet types include:
- Multiway bets
- Prop bets
- Futures
- Teasers
- Over/under bets
- Round robins
- Parlays
- Straight bets
The minimum stake when betting in the app is $1, and odds are available 24/7.
Live Betting
Betting on live events at BetMonarch is simple! Navigate to the sport on which you’d like to wager, click on a live event (you should see a ‘Live’ indicator), and place your bet. It really is that easy!
Virtual Sports
Betting on virtual sports does not yet appear to be an option at BetMonarch, but this doesn’t mean that it won’t be possible in the future.
eSports
BetMonarch does not currently seem to support eSports betting, but it is possible that it will be added in the future.
In-Play Betting
You place in-play bets with BetMonarch by selecting the match you want, opening the bet form, and selecting from the available in-play options.
BetMonarch Customer Support: a Closer Look
As it is directly tied to a physical sportsbook location, BetMonarch offers better customer support than some other providers. Users can reach out for help via internal email or phone.
- By phone: 303.582.1000
This might not seem like an overabundance of options, but a dedicated team of support agents handles both support channels. You can expect to receive professional and timely help. If they don’t have an answer for you right off the bat, they will find one as quickly as possible.
I reached out to BetMonarch’s customer support directly when I ran into a banking issue (this occurred primarily on my end, not theirs). The agents I spoke to were incredibly helpful and polite. While they couldn’t fully solve the issue on their own (again, the problem was largely on my end), they made sure that I knew exactly what I needed to do to fix it.
How to Sign Up for a BetMonarch Account
If you’ve never used an online sportsbook before, you might not be sure how to get started. The good news is that the process is straightforward and can be done entirely from the app. You don’t have to visit Monarch Casino in order to register, in other words – you just download the app and go from there.
Here are the steps you’ll need to follow to complete the registration – note that this process, from inception to end, should take just a few minutes to complete:
- Download the app. Visit the app store for your mobile operating system and download the BetMonarch app. It is available on iOS and Android devices.
- Locate your passport or state ID. While the app is downloading, look for your passport or state-issued ID. You’ll need to provide your residential contact information as well as your Social Security number during the BetMonarch sign-up process.
- Open the app and register. Once the app has been fully installed, you’ll need to open it up and click on the ‘Register’ button. Input the requested information and follow the instructions on-screen to finish.
- Deposit funds and start betting. That’s it! Now that you’ve registered, you can log into your account, deposit funds and start betting.
What the Users Say
“I’m at Monarch Casino all the time, but I just started looking into sports betting. I love being able to scroll through upcoming matches on my phone no matter where I am. It’s so easy!” – Bill, 42
“If you want all sorts of fancy features, you might want a different app. If you’re looking for a solid, reliable provider with excellent odds and 24/7 reliability, BetMonarch is the best you’ll find.” – Sue, 23
“In-play bets are my absolute favorite, and no one does them as well as BetMonarch does them.” – Peggy, 34
So, Should You Trust BetMonarch Sportsbook?
Now that you know all about BetMonarch and everything it has to offer, you’re almost ready to start betting! Consider the information we collected in this BetMonarch review to help you decide whether the provider is the right choice for you.
From extensive betting markets to close access to retail sports betting locations, BetMonarch has quite a lot to love.
Find more sportsbook reviews on our website and compare them to make the best choice for yourself.