Colorado Sports Betting Promotions ๐ŸŽ–๏ธ Best CO Bonuses in 2023

Bettors can get plenty of welcome bonuses from the best betting sites in CO!

ยป
๐ŸŽ CO Betting Bonus Bonus Bets, Free Bet Credits
๐ŸŒŽ State Colorado
๐Ÿ›๏ธ Available on Legal Online Sportsbooks
๐Ÿˆ Sports in Colorado NFL, NBA, NHL, MLB
๐Ÿ† Biggest Betting Bonus $1,250
Ad Disclosure
hero-cutout
As seen on

โญ Colorado Sportsbook Promotions 2023

Colorado sportsbook promos range from $50 to $1,250 and you can claim one from each of the sportsbooks below. If you need a sportsbook promo code, you can find it on BonusFinder US.

RANK CO SPORTSBOOK SIGN UP BONUS
1. DraftKings Colorado 20% Match up to $1,000
2. BetMGM Colorado First Bet Offer up to $1,000
3. FanDuel Colorado $1,000 No Sweat First Bet
4. Caesars Colorado Up to $1,250 on Caesars
5. PointsBet Colorado 5 x $50 2nd Chance Sign-Up Offer
6. BetRivers Colorado $500 Second Chance Bet
7. SI Sportsbook Colorado Bet $20, Win $200
8. Betsafe Colorado 2nd Chance Bet up to $500
9. bet365 Colorado Bet $1, Get $365 in Bonus Bets
10. SuperBook Colorado $250 Every First Bet Wins
11. Tipico Colorado $250 Bonus
12. FOX Bet Colorado $50 Risk Free
13. WynnBET Colorado Bet $100, Win $100
CO Sportsbook Promotions

Colorado is full of real money choices for online betting bonus offers from all the best sportsbook brands. Terms & conditions apply.

1. DraftKings Colorado

DraftKings is a familiar brand name to every fantasy football player, and joining DraftKings Sportsbook is very easy. DK is the best sports betting app in the market, and their offer for new players is a $1,000 first deposit match bonus. With tons of in-game bets, daily odds boosts, and fast payouts, DraftKings is arguably the top sportsbook operator in the U.S.

2. BetMGM Colorado

BetMGM expanded into CO in the Fall of 2020 and instantly became a popular option. The BetMGM bonus code Colorado is BONUSMGM for new bettors. BetMGM offers new users a first bet worth up to $1,000 in bonus bets and a loyalty program. BetMGM has the best betting options in Colorado, some of the best odds, and the mobile sportsbook is excellent.

3. FanDuel

Another well-known daily fantasy sports operator, FanDuel, is also available for sports bettors and was the first online sportsbook to launch in Colorado. FanDuel’s sportsbook bonus for new bettors is a $1,000 No Sweat First Bet, meaning your bet is refunded in bonus bet credits if it loses. They are known for their same game parlay bets, a user-friendly interface, and the best options for in-play betting in Colorado.

4. Caesars Sportsbook Colorado

Caesars Sportsbook app is a newer addition to the market. Their excellent odds are sweetened by their $1,250 welcome offer for first-time users and their Caesars Rewards program, which is also available at Caesars Entertainment partner Isle Casino. Use Caesars bonus code Colorado FINDERFULL to get the best sportsbook bonus in CO; the bonus bets are awarded if you lose your first wager.

5. PointsBet Colorado Promo

PointsBet Colorado promo code offers five second chance bets, each worth $50 in bonus bet credits. This is one of the biggest bonus offers in CO; just opt in to get the offer. The online sports betting site also has their own unique style called PointsBetting.

6. BetRivers Colorado Promo

Rush Street Interactive, the people behind SugarHouse Casino, have re-branded their sportsbook operations as BetRivers. Their extensive gambling experience combined with the $500 bonus makes BetRivers an excellent choice for gamblers. Use BetRivers Colorado bonus code FINDER to get the bonus funds. Don’t forget to sign up for the iRush Rewards.

7. SI Sportsbook

Sports Illustrated has one of the best Colorado sportsbook bonuses, but you must win your $20 bet in order to get the $200 in bonus bets. You get eight $25 bonus bets, which is an excellent deal, and the site offers competitive odds for multiple bets. Use promotional code SI200 to get the offer. Parent company 888 and the famous Sports Illustrated magazine combined forces and went live in 2021 in an exclusive deal to provide betting for Americans.

8. Betsafe Colorado Promo

Betsafe Sportsbook, an international giant, launched in 2022 in Colorado and they offer a $500 bonus bet for new users with 1x playthrough requirement. If you want to claim the Betsafe bonus, just click on our link and start betting!

9. bet365

Another big name in Europe, bet365 expanded into Colorado after New Jersey and now offers a generous welcome bonus amount to new customers. You just have to deposit $10 and bet $1 on anything and you’ll get the $365 free bet credit once your bet settles. Compared to other sportsbooks, this is one of the best bonuses in Colorado online betting.

10. SuperBook Colorado Promo

SuperBook is a Las Vegas icon and their $250 bonus bet and great sportsbook do not disappoint. Your first bet gets matched in bet vouchers, which account for 25% of your future bets. If you win the bet, you get the winnings plus your half of the stake back.

New and Upcoming Sportsbooks in CO

Below you can find some of the new CO sportsbooks and mobile platforms. Colorado users can access new sportsbooks in the first half of 2023; we’ll let you know when a particular sportsbook launches and what (different) bonuses they might have.

New Sportsbook Operators Colorado Bonus Launch Date
Betsafe Sportsbook $500 Bonus March 2022
bet365 Bet $1, Get $365 September 2022
ClutchBet TBA Q1 of 2023
Underdog Sports Wagering TBA Q1 of 2023
Best CO Sportsbook Promos

Get the best Colorado sports betting promos from BonusFinder US. T&Cs apply to all offers.

โญ Free Bets No Deposit Colorado

Sometimes you can get free bets with no deposit from Colorado sportsbooks. Currently, no free bets are available for new users in CO, but some of the current offers are very close to free bets. For example, you can get $365 from bet365 if you deposit $10 and wager just $1. On Sports Illustrated, you get $200 after betting $20 and winning the bet. Similarly, no deposit bonus offers are not currently available.

You can also get free bets as rewards for bets on the platform, although you won’t qualify for the sports betting promos with your welcome bonus bets. Many of the sites in Colorado offer free bets to you if you get your friend to sign up and deposit, meaning you don’t need to do anything to get the funds. For example, on Caesars you can get $100 for referring a friend.

โญ Best Colorado Betting Bonuses

Colorado sports betting bonuses range from sign-up bonuses to personalized promotions for existing users. You can get numerous bonus offers from many of the books so choose the ones you like the most! Don’t forget to apply the correct bonus code for each offer. Let’s take a quick look at some of the best sportsbook bonuses.

  • Risk Free Bet Offers
    If your first bet loses, you will get free credit back to make another legal sports wager.
  • Deposit Match Bonuses
    The site matches your initial deposit with free money.
  • Bet Matches
    You get a free bet or credit after making a first wager, regardless whether your wager wins or loses.
  • Free Bets
    These are placed as site credits on your account right after signing up or completing a specific wager.
  • Bet Insurance
    Either your sports bet can be insured, so that you’ll get credits if it loses, or you’ll get some money back. Common options are props and parlay bet.
  • Bet & Get
    If you bet with a certain amount of money, you’ll get some free credits in retun. Often it doesn’t matter whether your wager loses or wins.
  • Profit/Odds Boosts
    Odds and profit boosts means you get some extra cash if you win your bet, as either the odds or the winnings are increased by the sportsbook.
  • Refer-A-Friend
    Get a friend to sign up (and deposit) and you both get a few extra bets.

โญ Bonus Terms

Before you deposit money on a sportsbook account, make sure to read the full terms. You can find these on each website clearly listed. Below are some of the details you should look out for.

Bonus Code or Promo Code

Promo and bonus code are the same thing and it does not matter which term is used. If bonus codes are required, you’ll be able to find them right here on BonusFinder US. Sometimes they are automatically applied when you sign up.

Wagering/Playthrough Requirements

The wagering requirements are crucial to check for every bonus to prevent bonus abuse. For example, DraftKings’ deposit match offer has a 25x wagering requirement. This means you need to wager through the bonus funds 25 times before you can withdraw funds. For many risk-free bets, you need to wager your bonus just once before you can cash out the winnings.

Limitations

Some promo code offers have limits on what you can bet on in Colorado. For example, some offers might only apply to certain sports or on certain bets like straight bets. These will always be listed on the terms and conditions so you don’t accidentally make a wager that doesn’t qualify for the bonus. Below are some other limitations most sportsbooks set for their offers.

Maximum Bonus

Every promo offer has a maximum amount you can get. The max ranges from $50 to $1,250 in Colorado but is always clearly stated for each bonus. If you deposit or wager more than the maximum amount, the funds over the limit don’t count towards the bonus money.

Minimum Deposit

Many sportsbooks also require a minimum deposit from customers who want to get the sign-up promos. Common qualifying deposit is $5 or $10 but you often don’t need to wager all the money you deposit. You can find accepted deposit methods from the sportsbooks’ websites.

Qualifying Bet

This means you need to wager a specific amount on specific sports or bet types in order to get the offer. A common is example is that you need to bet $5 or $10 to get some free bets from the sportsbook. If an initial wager is required, you have to follow the instructions exactly to get the bonus.

Minimum Odds

Multiple sportsbooks have minimum or maximum odds restrictions you can bet on with the bonus offer or qualifying wager. These can vary a lot, so check whether the min. odds requirements are specified from each sportsbook.

Time Limits

You only have a short period of time to deposit, wager, and use your welcome offers. Often you need to deposit and place your first wager within a week or a month to qualify for the sign-up offer and site credit. You also have a time-limit on any site credit you get, as they will eventually expire if not used.

Cash Out

Finally, you can’t cash out any site credit or qualifying bets that relate to promo offers. Cashing out means withdrawing a wager before it’s settled. If you do, you won’t be compensated in any manner.

How to Get CO Bonuses

Always check the promo code terms before using a betting bonus available in Colorado.

โญ Getting Started with CO Promos

To claim any of the legalized sports betting bonuses listed here, you need to follow a few steps. First, you need to check the new user bonus details and whether you need a promo code. If you don’t follow the terms and conditions, you won’t be able to get the bonus money or withdraw the winnings, so read the T&Cs carefully. If you need Colorado promo codes, you can find it right here.

  • BetMGM: BONUSMGM
  • Caesars: FINDERFULL
  • BetRivers: FINDER
  • WynnBET: XFINDER
  • SI Sportsbook: SI200

Downloading a Betting App

Colorado sports betting apps are well-designed and there are both iOS & Android versions of the mobile apps. However, a desktop computer or mobile browser on Android and iOS devices works just as well in most cases. The download process is straightforward: simply search for the mobile app in the App Store or Google Play Store and initiate the download for mobile devices.

The Colorado online gambling regulation requires legal sports betting operators to ensure that sports bettors are physically present within state borders when using the apps. This is usually accomplished through geolocation technology.

Signing up on an App

The next step before you can start playing is to create a mobile sports betting account. All legit sites will gather your personal information in order to verify your identity and that you’re over the minimum age of 21 years old. You don’t need to live in the state, just be present in CO when you try to bet. The most commonly required fields that legal Colorado sportsbooks collect during the registration process are:

  • First name
  • Last name
  • Gender
  • Date of birth
  • Social Security Number
  • Email address
  • Home address
  • Zip code
  • Mobile phone number
  • Age verification
  • User name
  • Password

Banking Options

To claim Colorado sportsbook bonuses or bet on sports games on the apps, you’ll need to deposit funds to your account. All online sports betting sites in the Centennial State offers multiple account deposit methods and withdrawal options. Unlike deposits, withdrawals are NOT completely instant. The vast majority pass review within an hour or two, but some can take up to a day or two to show up on your bank account. You can set your own limits for moving money anytime you want.

Online Banking Methods Payment Method Withdrawal Method
Debit Cards / Credit Card Yes No
ACH e-check Yes Yes
Online Bank Transfer Yes Yes
PayPal Yes Yes
Play+ Prepaid Cards Yes Yes
Cash at the Casino Cages Yes Yes
PayNearMe (7-Eleven) Yes No

โญ Best Sports Betting Bonuses

Pro sports are a big thing to bet on in CO, and the state is home to many professional sports teams. Colorado sports fans and bettors alike can enjoy special bonuses for home grown Colorado teams and major sports franchises. For example, if you want to place wagers on college sports like football and basketball, PointsBet online sportsbook gives you an odds boost on University of Colorado home games. The pro teams also have odds boosters for select games.

NFL

The Super Bowl champions Denver Broncos are the pride and joy of many Coloradans, and offer plenty of options for NFL betting before each upcoming NFL game. Several of the mobile sports betting apps in Colorado have partnered with the Broncos to offer some promotions to users. In addition to betting on NFL futures, you can find numerous player props and other niche bets from most of Colorado’s sportsbooks. As the NFL season progresses at their home stadium Empower Field at Mile High Stadium, check out some of the best bets available for point spreads.

MLB

MLB betting is another beloved past-time in the U.S. At Coors Field (one of the best baseball parks) in downtown Denver, the Colorado Rockies provide entertainment from Spring Training to Fall playoffs, and the opportunities to place legal bets are numerous, even if their odds for winning the World Series might not be the best during the MLB season.

NHL

The NHL’s Colorado Avalanche have grown into a perennial Stanley Cup contender from the Western Conference, thanks to Nathan MacKinnon and Mikko Rantanen, and won the title in 2022 by defeating the Tampa Bay Lightning in the finals. The Stanley Cup victory is the team’s second in the 2000s. NHL betting offers Colorado bettors a lot of excitement with the high speed and unpredictable bounces, so you can get some risky hockey bets in and win big. Avalanche’s home games with St Louis Blues and Detroit Red Wings always gather big crowds to the Ball Arena, which is owned by Kroenke Sports & Entertainment. Now the Avs are taking on a back-to-back Championship run with plenty of NHL games left in the season.

NBA

NBA Betting has a prominent place in CO, professional basketball topping the handle regularly. A few local brands have partnerships with the Denver Nuggets, led by young stars Nikola Jokic and Jamal Murray. This means good odds boosts on game props and a variety of fun promotions when the Nuggets play at Ball Arena. Will they make it to the NBA finals this season?

MLS

Although soccer is the little brother of the four major U.S. sports, Major League Soccer has its place in many bettors’ hearts. The Colorado Rapids at Dick’s Sporting Goods Park are one of the founding members of MLS, winning the MLS Cup championship in 2010. You can also find international soccer leagues, such as the English Premier League, on most sportsbook apps; consider placing moneyline bets for soccer.

Sports to Bet on in Colorado

Colorado has over 25 sportsbooks and the leading brands provide great sign-up bonuses for potential bettors and existing user promotions.

College Basketball

March Madness is the annual basketball celebration filled with brackets and fun bets. Colorado Buffaloes and Colorado State Rams get avid fans’ spirits up whenever they qualify for March Madness, and you can always get good bets in on many of the sportsbooks for college basketball betting.

College Football

NCAA football is a Saturday classic. The Rocky Mountain Showdown college games between the major universities get the fans’ blood pumping annually, as the major college teams don’t like each other much. Other favorite teams include the Air Force Falcons and Denver Pioneers. A sports bettor can wager on many Colorado college sports teams, but prop betting is not allowed on any of the sportsbook options.

Other Leagues

If you are into some more niche sports or international sports, legal sportsbook apps offer plenty of betting lines for you to place bets on your favorites. Live betting is allowed on most events for Colorado players, as is eSports betting.

  • UFC Betting / MMA
  • Korean Baseball
  • PGA Tour
  • Motor Racing
  • Rugby
  • Horse Racing
  • Table Tennis Betting

โญ Types of Bets

In addition to several types of mobile betting markets, there are all types of bets you can add on bet slips. Prop bets, same game parlays, point spread and totals bets are just some of the wagers you can bet on in Colorado. Experienced bettors in Colorado can try out a progressive parlay and other more complex bets, while new customers should start with smaller bets. You can find all the options from the betting menu completely free if you want to check out a certain bet before starting on the registration form. spread and totals bets

โญ Colorado News

Now that Colorado sports bettors can legally bet online on professional teams and colleges, there is a ton of action around sports betting licenses and reports from the Colorado Gaming Division. Here you can find the latest news on sports betting in Colorado.

  • February 1, 2023: The Colorado market handle nets over $10 billion.
  • December 2, 2022: Colorado’s handle goes over $500 million for the 3rd time since the start of legal betting.
  • November 16, 2022: MaximBet Sportsbook closes down their operations.
  • October 5, 2022: Sports wagers worth nearly $300 million are placed in August.
  • September 1, 2022: bet365 launches in Colorado; the state reaches $20.8 million in gross gaming revenue in July.
  • June 29, 2022: CO passes $7B in revenue as the 7th state in the U.S.
  • June 1, 2022: theScore Bet withdraws from the US to focus on Ontario.
  • March 28, 2022: Betsafe launches their sportsbook in Colorado.
  • February 28, 2022: Colorado experiences growth in January as bettors wager over $500 million during a busy January slate including the NFL playoffs.
  • February 1, 2022: Colorado’s total handle in December 2021 is down from November, as is sports betting revenue.

Last updated: 03/10/2023

โญ FAQ

1๏ธโƒฃ What are the best sportsbooks in Colorado?

There are several online sportsbooks in Colorado, but some deserve special attention in our Colorado sports betting FAQ. In our opinion, the best sports betting apps are DraftKings, BetMGM, PointsBet, and Caesars, which are also the biggest names in the Colorado sports betting industry. Please gamble responsibly.

Other online sportsbooks not mentioned before are Betfred Colorado, Circa Sports, BetMonarch app, Tipico Sportsbook, and Barstool Sportsbook. The top sportsbooks have better bonus dollars and weekly promotions, which put them ahead of these options.

2๏ธโƒฃ Is online sports betting legal in Colorado?

Yes, betting is legal in Colorado! Colorado's sports betting bill, Proposition DD, passed in the state legislature and into law in July 2019 with Gov Jared Polis backing the bill. In November 2019, voters approved the decision to legalize sports betting in a referendum. Colorado's sports betting market launched in May 2020.

The Colorado sports betting law is enforced by the Colorado Division of Gaming. Legal websites have paid the licensing fee, and they display the The Division of Gaming logo and a statement that the site is regulated by the Colorado law for online gambling. You should avoid illegal offshore sites because they don't follow the regulations.

3๏ธโƒฃ Where can I bet on sports in CO?

You can bet online anywhere within state limits using any of the legal Colorado online sports betting apps and gambling options, such as BetRivers Sportsbook, Betfred Sportsbook, or Sports Illustrated Sportsbook. Offshore sportsbooks are not legal, as they are not approved by the Colorado regulators.

You can also choose retail betting at some of the 33 Colorado casinos located three towns: Black Hawk, Central City, and Cripple Creek, or at the two tribal casinos, as some of the physical casinos host Colorado retail sportsbooks.

  • Golden Gulch Casino in Black Hawk
  • Ameristar Casino Resort Spa
  • Century Casinos
  • Saratoga Casino Black Hawk
  • Midnight Rose Casino
  • Monarch Casino Resort Spa
  • J.P. McGill's Hotel and Casino
  • Dostal Alley Casino
  • Famous Bonanza Casino
  • Wildwood Casino
  • Isle Casino and Hotel
  • Century Casino & Hotel
  • Golden Mardi Gras Casino
  • Red Dolly Casino
  • Golden Gates Casino
  • Lady Luck Casino
  • Grand Z Casino
  • Bull Durham Casino
  • Double Eagle Casino
  • Sir William Casino
  • Colorado Grande Casino
  • Sky Ute Casino Resort
  • Lodge Casino
  • Century Casinos
  • Bronco Billy's Casino
4๏ธโƒฃ Do I have to be 21 years of age to gamble in Colorado?

Yes, the legal betting age is 21 for legal bets, but you don't have to be a Colorado resident to place online wagers. Colorado online casinos are not legal yet, but 21-year-olds and over can play on social sites.