CODERE: THE SPANISH GIANT
Codere is a major Spanish gambling company with significant presence in Mexico and Colombia. They operate both online sportsbooks and physical betting shops throughout Latin America.
For American expats, Codere presents a mixed picture. They're fully licensed, have some of the best bonus terms in the region, and offer convenient retail locations for cash deposits/withdrawals. However, their interface is Spanish-primary with limited English support.
If you speak Spanish (or are comfortable with Google Translate), Codere offers genuine value. If you need native English, look elsewhere.
✅ Pros
- Best bonus terms (1x rollover)
- Physical retail locations
- SEGOB licensed in Mexico
- Coljuegos licensed in Colombia
- Cash deposits at OXXO/Efecty
- Passport verification OK
- Good Liga MX coverage
❌ Cons
- Spanish-primary interface
- Limited English support
- Lower US sports depth
- App can be clunky
- Customer service in Spanish
THE BONUS ADVANTAGE
Codere's biggest selling point is their bonus terms. In Mexico:
- Welcome bonus: $1,000 MXN registration + 100% up to $7,000 MXN
- Rollover: Just 1x at minimum odds of 2.00
- Comparison: Most competitors require 5-10x rollover
A 1x rollover is exceptional. You deposit $7,000 MXN, get $7,000 MXN bonus, bet the combined $14,000 once at odds of 2.00+, and the bonus becomes withdrawable. Simple.
In Colombia, similar terms: 100% up to $100,000 COP with 1x rollover.
🎯 Bonus Comparison
Codere: 1x rollover (easiest)
Caliente: 3x rollover
bet365: Variable, often 3-5x
Betsson: 5-8x rollover
RETAIL LOCATIONS
Codere operates physical betting shops across Mexico. This matters for expats because:
- Cash deposits: Walk in, hand over pesos, funds appear instantly
- Cash withdrawals: Collect winnings in person
- No bank required: Useful if you can't open a Mexican bank account
- Human help: Staff can assist with account issues
Locations are primarily in Mexico City, Guadalajara, Monterrey, and other major cities. Find your nearest at codere.mx/locales.
CODERE VS ALTERNATIVES
| Feature | Codere | Caliente | bet365 |
|---|---|---|---|
| English Interface | ⚠️ Limited | ✗ Spanish | ✓ Full |
| SEGOB Licensed | ✓ Yes | ✓ Yes | ✓ Yes |
| Bonus Rollover | 1x (Best) | 3x | 3-5x |
| Retail Locations | ✓ Yes | ✓ Yes | ✗ No |
| NFL Coverage | Good | Excellent | Excellent |
| Liga MX Coverage | Excellent | Best | Very Good |
| Best For | Easy bonus | Mexico experts | English speakers |
VERDICT: IS CODERE WORTH IT?
Yes, if:
- You speak Spanish (or use Google Translate comfortably)
- You want the easiest bonus terms in Mexico
- You prefer cash deposits/withdrawals at retail locations
- You focus primarily on Liga MX and Mexican sports
No, if:
- You need native English interface
- US sports (NFL, NBA) are your priority
- You want the best overall betting experience
Recommendation: Use Codere in addition to a primary sportsbook. Sign up, claim the easy bonus, cash it out. Then use bet365 or Betsson for your regular betting.
🎰 CODERE MEXICO
Easiest bonus terms in Mexico. 1x rollover. SEGOB licensed. Retail locations available.
Join Codere Mexico →18+ | SEGOB Licensed | Gamble Responsibly