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Colorado Online Sports Betting ๐ŸŽ–๏ธ All the Best Sites in 2022

Online sports betting in Colorado is legal! Since the launch date on May 1 2020, Coloradans have been able to bet on legal sports betting websites like DraftKings and FanDuel.

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Nowadays, Colorado’s sports betting industry is one of the biggest U.S. markets with numerous sites and wagering options. In 2021, the Colorado Department of Revenue Gaming Division announced that Colorado’s wagering revenue has grossed close to $3 billion.

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โญ Colorado Sports Betting 2022

Colorado Sports Betting

Colorado is full of choices for online betting, including all the best sportsbook brands.

There are currently over 25 betting options in Colorado, ranging from small local apps to international giants. It can get a bit overwhelming, which is why BonusFinder US has compiled a comprehensive look into the many sportsbooks and apps in Colorado.

๐ŸŽ CO Betting Bonus Deposit Bonus, Risk Free Bet
๐ŸŒŽ State Colorado
๐Ÿ›๏ธ Available on Legal Online Sportsbooks
๐Ÿˆ Colorado Sports NFL, NBA, NHL, MLB
๐Ÿ† Biggest Betting Bonus $2,000

โญ Best Colorado Sportsbooks

The top 10 Colorado sportsbooks provide great odds, markets and bonus offers for new players. After the mobile sports betting market launched in May 2020, over two dozen brands have launched apps. Below, we list the best Colorado sports betting apps you can download on your mobile device and their promo codes.

RANK CO SPORTSBOOK SIGN UP BONUS DETAILS
1. DraftKings 20% Match up to $1,000
2. BetMGM $1,000 Risk Free Wager
3. FanDuel $1,000 No Sweat Bet
4. Caesars Up to $1,250 on Caesars
5. PointsBet Colorado 4x $200 Risk Free Bets
6. BetRivers $500 2nd Chance Bet
7. FOX Bet $50 Risk Free
8. WynnBET Bet $100, Win $100
9. Betway $250 Risk Free Wager
10. SI Sportsbook Bet $20, Win $200

1. DraftKings Sportsbook Colorado

DraftKings is a familiar brand name to every fantasy football player, and now you can legally bet with DK in many states. DK’s is the best sports betting app in the market, and their offer for new players is $1,000 first deposit match bonus. With tons of in-game bets, daily odds boosts, and fast payouts, DraftKings is arguably the best sportsbook operator. They’ve partnered with Golden Mardi Gras Casino.

2. BetMGM Sportsbook Colorado

BetMGM expanded to CO in the Fall of 2020. BetMGM bonus code Colorado is BONUSMGM. BetMGM offers new users a risk free first bet worth up to $1,000 and a loyalty program. BetMGM has the best betting markets in Colorado.

3. FanDuel Sportsbook

Another daily fantasy sports operator, FanDuel, is also available for sports bettors. FanDuel Sportsbook new user bonus offer is a $1,000 No Sweat First Bet, meaning your bet is refunded in site credit if it loses. They are known for their same game parlay bets, a user-friendly interface, and the best options for in-play betting.

4. Caesars Sportsbook

Caesars Sportsbook App is a newer addition to the market. Their excellent odds are sweetened by their $1,250 welcome offer and their Caesars Rewards program, which is also available at partner Isle Casino. Use exclusive affiliate code FINDERFULL to get the bonus.

5. PointsBet Sportsbook

PointsBet Colorado has their own unique style called PointsBetting. They have taken the US by storm and they offer four risk free bets, each worth $200 in bet credits. This is one of the biggest bonuses in CO.

6. BetRivers Colorado

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 Colorado an excellent choice for gamblers. Use promo code SPORTS to get the bonus funds. Don’t forget to sign up for the iRush Rewards.

7. FOX Bet Sportsbook

FOX Bet is the product of a cooperation between the media giant FOX and the Stars Group, and their mobile betting apps have good offerings. FOX Sports Colorado new user welcome offer is a risk free wager up to $50; they’ve partnered with Lady Luck Casino for market access.

8. WynnBET Colorado

Wynn Resorts launched their app in December 2020, and are the official betting partner of the Rockies. WynnBET Sportsbook app has a fun bonus following a qualifying bet and a good online platform, but their selection only covers the major leagues. On the plus side, they have the best promos out of the bunch.

9. Betway App

Betway Sportsbook and their Australia-based parent company are determined to conquer America, starting with CO. Betway CO Sportsbook offers a decent $250 bonus, and they are focusing on in-play wagering on certain sports.

10. SI Sportsbook

SI Sportsbook launched in August 2021 and carries the name of the legendary sports magazine. Sports Illustrated has a great bonus and plenty of sports, contests, and bet types. Use SI Sportsbook promo code SI200 to get the welcome bonus.

Colorado Sportsbooks

The Centennial has solid sportsbook options for casual bettors and high rollers, with the best welcome bonuses in the country. Check each promo code required from the top of the page.

โญ New Sportsbooks in Colorado

Below you can find some of the new CO sportsbooks and mobile platforms.

New Sportsbook Operators Offer Launch Date
Barstool Sportsbook $1,000 Risk Free + $10 Free Bonus August 2021
Tipico Sportsbook $100 Bonus August 2021
SI Sportsbook Bet $20, Win $200 September 2021
Betsafe Sportsbook $500 Bonus Money March 2022
bet365 Bet $1, Get $200 September 2022
ClutchBet TBA Q1 of 2023
Underdog Sports Wagering TBA Q1 of 2023

โญ How Do Colorado Sports Betting Apps Differ?

Colorado online sportsbooks are some of the best in the U.S. Therefore, it might be difficult to choose one platform to play on. Most online sportsbooks offer similar bet types and competitive odds, but there are differences too. Keep in mind that your preferences dictate which ones you should sign up for.

1
Major sports leagues ... and what else?

Major sports leagues ... and what else?

All online sportsbook apps offer NFL betting, MLB betting, and NBA betting. If you are interested in European basketball, Korean baseball, or Aussie football, you'll need to look more closely.

2
Weekly promos

Weekly promos

Most bettors really value promos, as you can get some extra cash if you win your wager. Promotions vary considerably among most sportsbooks, but BetMGM and Caesars Sportsbook have some of the best promos and rewards programs.

3
Banking

Banking

There are online sports betting sites that only accept one or two depositing methods, while some have several options. If you only use PayPal, it might limit your choices. Also, the top sportsbooks let you withdraw funds quicker.

4
App functionality

App functionality

Let's face it, some of the Colorado sportsbooks' apps could use a bit of extra love. If there is no search function, or the bet slip is irritating you, there's plenty more fish in the sea.

โญ Best Colorado Betting Bonuses

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

  • Riskfree Bets
    If your first bet loses, you will get free credit back to make another legal sports wager.
  • Deposit 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 bet wins or loses.
  • Free Bets
    These are placed as site credits on your account right after signing up or completing a specific wager.
  • Insurance
    Either your bet can be insured, so that you’ll get credits if it loses, or you’ll get some money back.
Colorado Sports Betting Promotions

Some of the best promos are cash outs, free wagers, and insurances. Remember to add a bonus code when needed.

โญ How to Bet on Sports in Colorado

You can start wagering in the CO sports betting business at any time. You need to download the app you wish to use, register for an account, choose your banking method to deposit money, and place your first wager. You can also set bet limits on legal sportsbooks to prevent problem gambling, or visit brick-and-mortar sportsbooks to bet in-person at the betting kiosks. You can have several sportsbook accounts, so you can check out all the top online sportsbooks in Colorado if you want!

Downloading a Sports Betting App

co sportsbook mobile apps

DraftKings mobile sportsbooks launched in Colorado state on the 1st of May 2020.

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 lines when using the apps. This is usually accomplished through geolocation technology.

Signing up on an Online Sportsbook App

Before you can start playing, you need to create a sports betting account. All legit Colorado sports betting sites will gather your personal information in order to verify your identity and that you’re over the minimum age of 21. The most commonly required fields that legal Colorado sportsbooks need to know 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

colorado sportsbook how to deposit

CO sportsbooks offer a variety of deposit and withdrawal methods.

To claim sportsbook bonuses or bet on sports games on the apps, you’ll need to deposit funds to your account. Betting sites in the Centennial State offer 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. 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 Bet Types

All possible types of sports bets are available, like straight bets, parlay bets and single game bets. Colorado sports bettors can add the following types of bet and combinations to their bet slip. Remember to shop around for the best odds for popular wagers before you place a bet.

  • Moneyline Bet
  • Point Spread Bets
  • Prop Bets (Proposition Bets)
  • Over/Unders (Total Bets)
  • Futures Bets (Winner of the Super Bowl)
  • Parlay Bet, incl. Same Game Parlays
  • Teaser Bets
  • Live Sports Betting

โญ Sports in Colorado

As far as legal sports betting in CO is considered, almost anything goes. Wagering on the four major local teams (Denver Broncos, Denver Nuggets, Colorado Avalanche, Colorado Rockies) is possible on all books. Unlike many other states, CO does not restrict college-level basketball or football.

Betting on high school events is prohibited. Furthermore, Colorado sports betting laws imposes limited online gaming regulations on placing live bets and prop bets. Summary of legal and illegal wagering options can be found below.

Level Legal Player props
Professional sports Yes Yes
College Sports Yes No
High School Sports No No
Sports in Colorado

You can find in-game betting for almost every sport and bet type.

Sports Betting Markets

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 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. Several of the 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 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 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, MLS has its place in many bettors’ hearts. The Colorado Rapids at Dicks 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 on most sportsbook apps; consider placing moneyline bets for soccer.

College Basketball

March Madness is the annual basketball celebration filled with brackets and fun bets. Colorado Buffaloes and Colorado State Rams get avid sports fans’ spirits up whenever they qualify for the fun, 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.

Other Leagues

If you are into some more niche sports, legal sportsbook apps offer plenty of options to place bets on you favorites. Remember that you can also legally bet on college sports online and live betting is allowed, as is eSports betting.

โญ Colorado’s Casinos

To get a “Master License”, Colorado sports betting legislation requires sportsbooks to have a land-based partner among the state’s casinos in the mountain towns. Each casino can have one online skin. The available and upcoming operators are listed below with their brick-and-mortar casino partners. As other gambling is restricted in CO, online casinos are not available in the state. Retail sports betting is available for Colorado residents in some of the licensed casinos’ physical locations.

Colorado Online Sportsbook Partner Casino / Retail Sportsbook Address
Bally Bet Golden Gulch Casino in Black Hawk 321 Main Street, Black Hawk
Barstool Sportsbook Ameristar Casino Resort Spa 111 Richman St, Black Hawk
bet365 Century Casinos 102 Main St, Central City
Betfred Sportsbook Saratoga Casino in Black Hawk 101 Main Street, Black Hawk
BetMGM Colorado Midnight Rose Casino 256 E Bennett Avenue, Cripple Creek
BetMonarch Monarch Casino Resort Spa 488 Main Street, Black Hawk
BetRivers Sportsbook J.P. McGill's Hotel and Casino in Cripple Creek 232 Bennett Ave, Cripple Creek
Betsafe Sportsbook Dostal Alley Casino 116 Main St, Central City
Betway Famous Bonanza Casino 107 Main St, Central City
BetWildwood App Wildwood Casino 119 N 5th St, Cripple Creek
Caesars Sportsbook Isle Casino and Hotel 401 Main St, Black Hawk
Circa Sports Century Casino & Hotel Cripple Creek 200-220 E. Bennett Avenue, Cripple Creek
DraftKings Sportsbook Golden Mardi Gras Casino Black Hawk 300 Main St, Black Hawk
Elite Sportsbook Red Dolly Casino 530 Gregory St, Black Haw
FanDuel Sportsbook Golden Gates Casino 261 Main St, Black Hawk
FOX Bet Lady Luck Casino Black Hawk 340 Main St, Black Hawk
Play Maverick Sports Grand Z Casino 321 Gregory St, Central City
PlayUp USA Bull Durham Casino 110 Main St, Black Hawk, CO 80422
PointsBet Double Eagle Casino in Cripple Creek 442 E Bennett Avenue, Cripple Creek
SBK Spotsbook Sir William Casino 233 E Bennett Ave, Cripple Creek
SI Sportsbook Colorado Grande Casino 300 E Bennett Ave, Cripple Creek
Sky Ute Sportsbook App Sky Ute Casino Resort 14324 Hwy 172 North, Ignacio
SuperBook USA Lodge Casino 240 Main St, Black Hawk
Tipico Century Casinos 102 Main St, Central City
WynnBET Bronco Billy's Casino 233 E Bennett Ave, Cripple Creek

โญ Colorado Sports Betting News

Now that Colorado bettors can 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 wagering in the Colorado market.

  • 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: 11/29/2022

FAQ

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

There are several sportsbooks in the state of 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 name in legal online sports betting. Please gamble responsibly.

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

Yes, sports 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. Sports betting industry launch date was May 1 2020, with DraftKings Sportsbook and FanDuel Sportsbook the first ones to open.

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 CO sports betting apps and gambling options, such as BetRivers Sportsbook, Betfred Sports, or Sports Illustrated Sportsbook. Offshore sportsbooks are not legal, as they are not approved by the Colorado regulators.

You can also bet 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.

4๏ธโƒฃ Do I have to be 21 years of age to gamble in Colorado?

Yes, the gambling age is 21 for legal bets, but you don't have to be a Colorado resident to place online wagers.

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