MaximBet Promo Code & Sportsbook Review 2023

Deposit Bonus - T&C's Apply

Bonuses and Promotions

Odds Vs. The Competition Grade

Market Depth & Variety

Deposit & Cash Out

Mobile App


MaximBet Sportsbook is still breaking into the sports betting market and is currently only legal in Colorado. MaximBet Iowa and MaximBet Indiana are expected to launch later this year. The Maxim brand, popular among young men and once known for its Maxim magazine, is still new to the sports betting market. MaximBet is the brand’s sportsbook owned and operated by Carousel Group. 

The Maxim Betting app is easy to use and has an excellent design. MaximBet is committed to high betting limits and keeping its odds very competitive. It may not have the clout of some big-name operators yet, but as they grow, it would not be a shock to see them grab a piece of the market.

Good Market Variety
Banking Options
Solid App

MaximBet in Action


MaximBet Promo Code For February 2023

MaximBet Indiana and MaximBet Iowa have the same promo: a 100% deposit match up to $1,000. The offer breaks into four deposits as follows:

  • 100% match up to $500 on your first deposit. 
  • 100% match up to $250 on your second deposit 8-14 days within your first deposit.
  • 100% match up to $125 on your third deposit 15-21 days within your first deposit.
  • 100% match up to $125 on your fourth deposit 22-28 days within your first deposit.

MaximBet terms and conditions apply.

MaximBet Promo Code  TBA
Bonus100% Deposit Match Bonus Worth Up To $1,000
States Where MaximBet Is LegalColorado
Coming to Indiana and Iowa
Promo Code Verified ForFebruary 2023

How To Register For A MaximBet Account

Maxim Betting app Indiana and Maxim Betting app Iowa have a simple sign-up process. Register on the Maxim Betting app or desktop site; just be 21 years old. The registration process will require the following:

  • Full legal name
  • Birthdate
  • Primary address of residence
  • Email address
  • Phone number
  • Social Security number


The sign-up bonus at Maximbet is solid but does not offer quite as much money as other operators do. First off, it is nice that a user’s first four deposits are matched, perhaps making it easier to get the total value instead of having to make a $1,000 deposit right from the start. One really valuable thing about the Maxim Betting app welcome offer is that it also only has a one-time rollover for any winnings. Many sportsbooks have rollovers in the double digits and even higher for offshore sportsbooks. 

MaximBet also offers users great promotions throughout various athletic seasons and for big events. Some of the ongoing offers include bonuses like:

  • 50% wagers bonuses
  • Bet refunds
  • Knockout refunds for fighting sports
  • Parlay bonuses and boosters
  • Free bets
  • Bet matches


For any sports bettor, especially ones that take it very seriously, there may be nothing more critical than odds. If one sportsbook has significantly better odds, why would anyone even consider using it? The simple answer is they wouldn’t. MaximBet has very competitive game lines and odds and prides itself on not only being competitive with other operators but trying to out due them.

The one area where the Maxim Betting app falls short is they offer very few, if any, lines or odds boost like other bigger sportsbooks frequently do. Yet their argument is that they consistently are offering lines that are better than their competitors. During the last NFL season, it was normal to season MaximBet at -105, while most others would be a -110 for a spread line. 



MaximBet gets it right in that they have all the most common US and international sports users are looking to bet on. That is a crucial first step in hitting the mark to have at least a standard quality market depth and variety. The second step is to go beyond the standard.

MaximBet does this by offering a large variety of niche sports, like cricket, rugby, netball, and more. As always, availability ranges from state to state and, of course, follows all local regulations, but as a whole, there should be very few complaints regarding MaximBet and their coverage. 

One area where the Maxim Betting app is very strong is that they offer more player props than most other competing sportsbooks. Maxim also offers all the standards like point spreads, total, round robins, live betting, and a myriad of parlays, futures, props, and more. 



This is an area where the Maxim Betting app needs to make significant improvements. The only two methods for deposits and withdrawals are ACH bank transfers and the online wallet Skrill. Other sports betting operators offer upwards of ten different options to make it convenient for users. MaximBet’s two options is a limiting factor in recommending the Maxim Betting app. Reports suggest there will be more options in the future, but that is for time to see if and how quickly more methods will be implemented. 



The Maxim Betting app is one of the likeliest reasons users would choose MaximBet as their go-to sportsbook. The Maxim Indiana Betting app and the Maxim Iowa Betting app are available via the app store for Android and iOS devices. The app has excellent reviews and has been said to be very user-friendly. 

The Maxim Betting app has been said to be noticeably faster than many of its competitors and very easy to navigate. With many great features like:

  • Instant Bet
  • Live Betting Markets
  • Promotions
  • News
  • Great Customer Supports
  • Responsible Gaming Links

The Maxim betting app is top-class and is good enough to keep with any big-time sports betting operator.



As with any new sports betting operator, it will take time for MaximBet to work successfully into a saturated market. There are many reasons like the Maxim Betting app, an abundance of prop bet choices, market coverage, and other things that MaximBet is doing very well in. There are some areas like bonuses/promotions and limited banking options where MaximBet needs to improve. The early signs are good, though; it appears MaximBet is working to improve and could be near the top of the sports betting industry in the future. 

Is MaximBet Legit?

Yes, Maxim Bet is legit for four main reasons:

  1. MaximBet is an adequately licensed us sports betting operator, meaning that their users have certain protections,
  2. Maxim is a longtime reputable company, and while its sports betting division is still new, the company itself is not. They can be considered trustworthy because of their name alone.
  3. MaximBet is already successfully operating in one state with good reports regarding being legit.
  4. MaximBet has shown a willingness to work with its customer base to improve and grow.

Why Choose MaximBet Over Illegal Betting Sites?

Offshore books come with an extensive range of problematic issues. These include many things from:

  • Odd banking methods often do not even display the correct company name.
  • Not licensed by the United States, meaning money and information of users are not protected by the Government.
  • Lines and odds are typically not as competitive as legal American sportsbooks.
  • Boosts and promotions may look appealing but often have crazy rollover requirements before a bettor can cash out.
  • Low betting limits are relatively standard among offshore sportsbooks.
  • Low cashout limits or high fees surrounding cashouts are often applied, and even when able to cash out, it can often take over a week for money to make it into a user’s account.

All the above things mentioned are not an issue for anyone using MaximBet. As a US-licensed sportsbook, many requirements and safeguards are put into place for a sportsbook to receive a license. 

Why Can You Trust MaximBet With Your Money

Like many things mentioned in the above section, MaximBet is a US-licensed sportsbook. To meet that threshold is not simple, and there have been very few reports of any US-licensed sportsbook being caught up in fraud or loss of users’ personal information. MaximBet has been operating in Colorado already as the first state they launched in. Reports have been good, and while it may not be the most popular sportsbook yet, MaximBet has to this point, been proven trustworthy. 

The biggest thing to remember, which applies to all sportsbooks, is to make sure to read all terms and conditions. This suggestion applies to new user accounts, applying for bonuses/promotions, and making deposits and withdrawals. Sometimes simply reading a small requirement regarding a specific promotion can help a bettor avoid making a mistake in how it can be applied.

MaximBet also has excellent customer support and can always help customers with any needs. If something seems amiss or confusing, reach out, and the Maxim Betting app support team can almost always remedy any situation or explain it quickly. 

MaximBet Indiana

MaximBet Indiana should be launching in time for football season this year. Maxim, known for its world-class lifestyle brand, is now in the sports betting game. The early reviews are good, and the Maxim Betting app is getting excellent reviews already, so the Maxim Betting App Indiana should be the same.  

MaximBet has already shown they are the life of the party, with major events in Colorado and California in the past year. The launch party for the passionate Indiana sports fan base should be no different. MaximBet may not have the clout of other big-name operators yet but will offer a different style than most are used to. 

MaximBet Iowa

The Maxim lifestyle brand is known by many around the world. The Maxim Betting App Iowa could soon follow suit. With the MaximBet Iowa launch expected in time for football season, Iowa bettors will have another great operator to choose from and grab welcome bonuses.MaximBet has hosted some big-time events around the country and is expected to do so for its Iowa launch. Iowa bettors will find the Maxim Betting app one of the best sports betting apps available. 

MaximBet Fact Sheet

How old do you have to be to use MaximBet?At least 21 years old
In which states is MaximBet legal?Colorado
Coming to Indiana and Iowa

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).

Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA).

21+. NJ/PA/WV/IN/IA/CO/IL/TN/WV only. Eligibility restrictions apply.

MaximBet Sportsbook

How old do you have to be to bet online at MaximBet in Indiana & Iowa?

Users will need to be at least 21 years of age or older to use the MaximBet Indiana or MaximBet Iowa.

Do you have to be in Indiana and Iowa when you place a wager at MaximBet?

Yes, to use a state-specific betting app, you have to physically be located in that state. Users of MaximBet can place bets using the Maxim Betting app in any state where MaximBet has a license and is operating. Always check out the Maxim Betting app desktop site, as there are many planned expansions into new states in the following months and years.

How do you get paid if you win at MaximBet?

MaximBet currently only has two methods for deposits and withdrawals: ACH banking uses your banking account directly and the online wallet Skrill.

How many different sports can you bet on at MaximBet?

It varies from state to state, but the Maxim Betting app has one of the best market varieties and coverage for any US sports betting operator. Maxim Betting app users can almost always find what they are looking for when it comes to wanting to bet on certain games or events.

Can I sign up at MaximBet from anywhere in Indiana or Iowa?

Users can actually sign up for a MaximBet account from anywhere. The only rule is that bets or wagers can only be placed from within a state’s borders where the specific MaximBet is licensed and operating.

Is MaximBet legal in Indiana or Iowa?

Yes, MaximBet is legal in Indiana and Iowa. Their launches are expected around the start of the NFL football season.

About the Author

Caleb Tallman

With solid experience and a wealth of sports gambling knowledge, whether legal information or betting predictions, Caleb Tallman provides everything sports bettors could be looking for.