Online Sports Betting Colorado

In 2018 huge sports betting news spread across the United States, as the US Supreme Court struck down PASPA (the Professional and Amateur Sports Protection Act), which prohibited sports wagering in any jurisdiction (except for Nevada). After proposition DD sports betting bill passed in November 2019, the state of Colorado has stepped up to the plate to offer legal online sports betting.

It is now legal for any state to set up its own online gaming laws. State regulators approved the first legal sports betting apps in Colorado on May 1st 2020.

William Hill got its license granted on the 7th of April.

March Madness

The biggest college sports event of the year is here again. March Madness Betting is legal in CO and you can get the best bonus offers from Colorado sports betting sites and sportsbooks with BonusFinder US. The Colorado sports betting industry is booming and ready for the NCAA tournament.

Best Colorado Sports Betting Bonus & Promo Codes

Best CO online sports betting bonuses are free bet up to $500, a week of risk free betting for $1,000 and a 100% up to $250 deposit bonus. In addition to free bets, and deposit matches, these sportsbook operators provide great odds and markets. Bonus offers are only for new players.

Sportsbetting.com has one of the most exciting bonuses for Colorado residents. T&Cs apply.

1. DraftKings Sportsbook

DraftKings is a familiar name to every fantasy football player. Their Colorado sports betting offer for new players is a $1,000 deposit match bonus.

Promo code: N/A

2. Sportsbetting.com

Sportsbetting.com is a brand new Colorado sportsbook. You can bet on sports with up to $500 bet credits with your first deposit. The offer is exclusively available from BonusFinder.

Promo code: N/A

3. FanDuel Sportsbook

Another daily fantasy sports operator, FanDuel is also available for CO bettors. Fanduel CO new user bonus offer is straightforward deposit match risk free bet up to $1,000.

Promo code: N/A

4. BetMGM Colorado Sportsbook

BetMGM Sportsbook expanded to Colorado in the fall of 2020. They offer new bettors a $600 risk free bet.

Promo code: BonusMGM

5. Fox Bet Sportsbook

Fox Bet is the first major TV channel in the United States to have their own sportsbook. Fox Sports Colorado new player welcome offer is free bet up to $500. Fox Bet also offers new and existing players a 50% up to $500 deposit match new player bonus.

Promo Code: No Code Required

6. William Hill Colorado

William Hill is the first of international online sportsbooks available in Colorado. Their excellent odds are sweetened by their free bet bonus up to 500 USD welcome offer.

Use Bonus Code: BONUSFINDERRF

7. PointsBet

Pointsbet Colorado has their own unique style of betting called Pointsbetting. They have taken the US by storm, and in Colorado, they offer two risk free sports wagers up to $2,000. They also have some unique promos, like betting on CO sports teams risk free.

For the promos, use promo code: BONUS2000

8. BetRivers Colorado

The people behind SugarHouse Casino re-branded their sportsbook site as BetRivers in Colorado and Indiana. Their extensive gambling experience combined with the $250 sign up bonus for new customers makes BetRivers an excellent choice for gamblers.

Sportsbook Promo Code: Match250

9. The Score Sportsbook (ScoreBet)

The Score Sportsbook or TheScore Bet gives new players a 100% up to $100 first deposit bonus. However, you don’t choose this sportsbook for the bonus. You choose it, if you want a site where betting and sports media have been integrated to perfection.

Promo Code: N/A

10. BetFred Sports

BetFred Sportsbook is one of the newest additions to Colorado Sports Betting scene. They give you a risk free bet up to $500.

Promo Code: N/A

Playthrough Requirements

Before you can withdraw bonus funds, bettors must satisfy playthrough requirements at CO sportsbooks. This means that you need to wager through your bonus amount a set number of times.

FanDuel has a 1x playthrough requirement for their Colorado bettors, just like they do for their West Virginian betting and Pennsylvania betting portals.

Colorado Sports Betting Promotions

To retain customers, the best Colorado online sportsbooks will run exciting promotions for sports fans. These Colorado betting & casino offers take many forms – in general, though, most fall into the following categories:

• Reload bonuses – Deposit bonuses for existing customers
• Profit boosts – Additional cash when your wager wins
• Odds boosts – Increases the odds for a single game
• Insurance promos – You get some money back if your bet loses because of a last-minute comeback

Legal CO Mobile Sports Betting Apps

There are several online sportsbooks with mobile apps available in Colorado. FanDuel Sportsbook and DraftKings Sportsbook were the first Colorado sports betting apps to get the party started in May 2020, and other sports betting apps have followed since.

Colorado sports betting apps are well-designed and there is always both iOS and Android version of their mobile app.

The download process for Apple customers is straightforward. Simply search for the app in the App Store and initiate the download.

DraftKings launched in Colorado on the 1st of May.

Betting Online on Android Mobile Devices

Acquiring Colorado sports betting apps for Android mobile device users can be a tad more complex. Google does not allow real-money sports gambling apps in the Play Store, so sports bettors need to download from the sportsbook operators website.

If your Android device blocks the download, go to your security settings. If Allow Downloads From Unknown Sources is not selected, enable it.

Now that online sports betting is operational in Colorado, the state will require legal sports betting operators to ensure that bettors are within state lines. In other states, this is accomplished through geo location software.

CO Sports Betting Sites

Colorado’s sports betting law requires sportsbook sites to partner with existing landbased Colorado casinos within the state to get a “Master License”. The available and upcoming sports betting operator websites are listed below with their casino partners. These retail sportsbooks can be found from the mountain towns of Black Hawk, Central City and Cripple Creek. All in all, 33 sports betting licenses will be available in CO.

Betting on Sports in Colorado

As far as legal sports betting options in Colorado go, almost anything is legal. Online betting on the four major sports teams (the Denver Broncos, Denver Nuggets, Colorado Avalanche, Colorado Rockies) in Colorado is possible. Unlike many other states, Colorado does not restrict college basketball, college football or e-sports betting.

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

Markets

Sports betting in Colorado has a range of markets and leagues you can bet on. You can place sports bets on the following sports leagues and sporting events.

• NFL
• NBA
• MLB
• NHL
• MLS
• UFC / MMA
• Korean Baseball
• College Sports (including instate College Football and College Basketball)
• PGA Tour
• Horse Racing

Local Teams

Colorado is home to many professional sports franchises. Fans and bettors alike can enjoy special bonuses for home grown Colorado teams.

Bet Types

Every possible sports wager type is also offered by CO Sportsbook brands. You can add the following types of bet and combinations to your bet slip.

• Moneyline Bets
• Point Spreads
• Prop Bets (Proposition Bets)
• Live Betting
• Over/Unders (Totals)
• Futures Bets
• Parlay Bet
• Teaser Bets

Signing up at a CO Sportsbook

Before you can start playing, you need to create a sports betting account. All legit CO sports betting websites will gather your personal information in order to verify your identity.

The most commonly required fields that legal Colorado sportbooks need to know:

• 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 on a Colorado Online Sportsbook

To claim sportsbook bonuses or bet on sports in Colorado online betting, you’ll need to get a bankroll online.

Colorado sportsbooks offer a variety of deposit and withdrawal methods.

Deposit methods

Sportsbooks in the Centennial state offer multiple ways to deposit. Below, we’ve listed the most common methods.

• Debit Cards (Visa)
• Credit Cards (MasterCard)
• ACH /Online banking
• PayPal

Credit card options like American Express and online bank transfers are the easiest ways to make an online sportsbook deposit. However, these methods don’t work for everyone.

If your bank blocks gaming deposits or if you require privacy, PayPal is the perfect solution. This way, neither your bank or significant others know you are betting on sports!

Land Based Casino Partnership Methods

As proposition DD requires online sportsbooks to partner with brick-and-mortar casinos, the following methods might be available as well.

• Prepaid cards
• PayNearMe
• Cash at the Casino Cage

Firstly, an online sportsbook’s brick-and-mortar partner may offer a prepaid card. This allows you to load cash onto the card and transfer it to an online sportsbook.

Secondly, you can walk into a partner casino and deposit via the cashier cage. This method is known as “Cash at the Cage.”

Some sportsbooks accept PayNearMe as a deposit method. When using PayNearMe, the casino will give you a payment code which you can take to a retailer like 7-Eleven, CVS, or Family Dollar to get your bankroll online.

Withdrawals

Eventually, you’ll log a big win on sports betting and want to withdraw your winnings using one of the methods below.

• ACH (e-checks)
• PayPal
• Paper checks
• Cash at the Cage
• Prepaid Card

Unlike deposits, withdrawals are NOT completely instant. To protect against criminal activity, online sportsbooks examine all withdrawals for signs of suspicious activity. The majority pass review within an hour or two, but some can take up to a day or two.

Depending on the withdrawal method chosen, your deposits will land on your bank account in days or hours.

Conclusion: Sports Betting in CO is Here – Now Launch All the Brands

Colorado Sports betting market has made its long-awaited debut. The selection of CO sportsbook apps is still limited, but as the year goes on, Colorado sports bettors will enjoy a sports betting market with up to 20 brands.

Only New Jersey is as a competitive market for internet sports betting, so Colorado is sure in for a treat. Legal online betting in Colorado is finally here!