Colossus Bet
Colossus Bet is an online pool betting and casino site operated by ColossusBets Limited. The operator holds a clean regulatory record and has been licensed by the UK's Gambling Commission since 2012, showing a long history of compliance.
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About
Colossus Bet is a gambling website operated by ColossusBets Limited. The operator has held a licence from the Gambling Commission (UKGC) since 11 September 2012, making it a long-standing name in the UK market. The brand's domain, colossusbets.com, was first registered in March 2012.
According to its website, Colossus Bet focuses on pool betting for sports like football and horse racing. The site also states it offers casino games, slots, and live casino options. It promotes features such as Cash Out, Syndicates for group betting, and FreePlay rewards for customers.
Features & Offerings
Key Offerings
- Slots
- Live casino
Main Features
- Cash Out
- Syndicates
- FreePlay rewards
- GBP banking
- Mobile apps
Can You Trust Colossus Bet?
Positive Signals
- Operated by ColossusBets Limited
- UKGC licensed since 2012
- No regulatory penalties on record
- Established domain registered in 2012
Concerns
- Low user rating on Trustpilot (2.9/5), based on very few reviews
What Users Say
Colossus Bet has a 'Poor' Trustpilot score of 2.9 out of 5, but this is based on only 9 reviews. With such a small number of reviews, the score doesn't provide a reliable measure of overall customer satisfaction.
Regulatory Context
The limited user feedback available doesn't show any clear themes or complaints. There are no patterns that connect to the types of issues, like unfair terms or payment delays, that would typically trigger regulatory action. The operator's clean enforcement record aligns with this.
Source: Trustpilot
UKGC Licence Status
ColossusBets Limited holds two active UKGC licences. Its Pool Betting licence allows it to offer tote-style betting where stakes are pooled. The company also has a Gambling Software licence, which permits it to manufacture, supply, install, or adapt gambling software for use by other operators.
Regulatory Actions
The operator, ColossusBets Limited, has no recorded regulatory actions or fines from the UK Gambling Commission. This indicates a clean enforcement history.
Site Assessment
Licensed Operator
The operator behind Colossus Bet is ColossusBets Limited, a London-based company incorporated on 8 March 2012. Its company number is 07981562.
ColossusBets Limited has maintained an active licence with the UKGC for over a decade. Its long and unblemished regulatory history suggests it has consistently met the standards required by the regulator.