One glance at the Gamble Colorado website shows a selection of sportsbooks. At the time of writing, there are five different sportsbooks available to punters in Colorado and it can be difficult to decide which one to join. However, instead of trying to pick one of the five, you could make use of each of them and there are plenty of reasons why you should use multiple sportsbooks.
Perhaps the most obvious reason why you should use multiple sportsbooks is the different betting lines. When purchasing a product online, you will often find comparison websites available that show you the cheapest price available for the product in question. If the same item were available at $60 on one website but $45 on another, you would always opt to go for the cheaper price, as the product is exactly the same.
The same applies when it comes to sportsbooks. You should always compare betting lines between sportsbooks as they are often different. The difference may be minimal on each bet but when you add these up over the course of a month or year, you could be losing out on a lot of money by using the same sportsbook. For example, if you find +200 line on your wager at one website but another is offering +250 line on the same bet, you will go with the latter. If you wager $100, the difference could see you win an additional profit of $50, simply from shopping around and using multiple sportsbooks.
One of the major benefits of using multiple sportsbooks is the bonuses and promotions. Any decent online sportsbook will have a special offer available for new players. However, once you have taken advantage of this offer, the bonus has gone, and you cannot create another account as this is against the terms and conditions of the website. What you can do, is create a new account at a different sportsbook that has a promotion. There is nothing wrong with having an account at multiple sportsbooks just to take advantage of the promotion. The welcome bonus tends to be the most lucrative and although some sportsbooks have ongoing promotions, they never come close to the welcome bonus. You are advised to use multiple sportsbooks purely for the promotions.
Depending on the sport on which you would like to bet, there may be some sportsbooks that simply do not offer the depth of markets you are looking for in your chosen sport. Not every sportsbook offers the same selection of markets for every sport, in fact, not every sportsbook carries the same choice of sports. For example, if you are planning on having a wager on a skiing event, you should check with the sportsbook you are planning on joining to ensure they have the odds available before signing up.
Even when it comes to placing a wager on NFL or MLB games, you may find some sportsbooks do not carry the specific market on which you would like to bet.