Colorado Sports Betting: Best Online Sportsbooks

Colorado online sports betting

Sports betting is legal in several states across the country with more states to come. The top sportsbooks are gaining new users and building their brands across the US. What about betting in Colorado? Here’s what you need to know about Colorado online sports betting.

Can I Bet on Sports in Colorado?

Yes, sports betting is legal in Colorado. You can bet with online and retail sports betting options. All sportsbooks in the state have to be partnered with casinos located in the state. Most retail locations for Colorado sports bettors are located in Black Hawk, Central City, and Cripple Creek.

Latest Colorado Sports Betting News and Updates

Sports betting in Colorado has been legal since November 2019. Retail and legal online sports betting launched in May 2020. If you are looking to bet on major sports or college sports, you have to be at least 21 years old.

Sports betting operators, sites, apps, and more are regulated by the Colorado Division of Gaming along with the Colorado Limited Gaming Control Commission. In the first 18 months of sports wagering, Colorado got off to a strong start with over $5 billion in wagers.

In recent news, Betr Sportsbook has gained market access for its sports betting products in Colorado.

Best Colorado Sportsbooks and Online Sports Betting Sites

Since we saw Colorado legalize sports betting, some top sports betting brands have jumped into Colorado. Here are some of the best sportsbooks in Colorado for residents in the state.

Fanatics Sportsbook

Fanatics Sportsbook is a brand new online sports betting option in Colorado that has established a strong reputation in legal gambling due to the company’s history in sports. Fanatics Sportsbook is offering all new customers a “Bet and Get up to $1,000 in Bonus Bets!” welcome promo.

FanDuel

Colorado bettors can see how FanDuel Sportsbook is a well-regarded and trustworthy sportsbook. It is known for having great live betting options making it one of the industry’s best. It’s an excellent option for bettors searching for betting odds and the famous same-game parlay that FanDuel has put on the map.

BetMGM

BetMGM is a popular sportsbook for Colorado bettors known for its range of solid features that include live betting and the ability to edit bets in your bet slip. It is a great option for bettors looking for great odds on professional sports, prop bets, and more. BetMGM also offers solid promotions to get started betting. There is a 10x wagering requirement on the 20% deposit match.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.

DraftKings

DraftKings Sportsbook is a widely-used Colorado sportsbook and reputable sports betting platform that offers a variety of features, including a rewards program that allows users to earn bonuses, odds boosts, offers, promotions, and more. Additionally, DraftKings provides users with solid odds that compare well with the rest of the legal sports betting industry.

Caesars

Caesars Sportsbook is known for having a great VIP loyalty program and it brings that great feature to the Colorado online sports betting market. You can start earning money on your spread bets, moneylines, and more right off the bet. The Caesars Sportsbook is one of the best legal sportsbooks out there as you can get promotions, offers, bonuses, and more as you bet.

BetRivers

CLICK HERE FOR COLORADO ($250 in 2nd Chance Bets)

BetRivers Sportsbook is a top choice for bettors in Colorado looking for a reliable and convenient platform to place their bets. The BetRivers Sportsbook provides a seamless betting experience for both casual and professional bettors alike. The platform offers various betting options for users to get in on the action.

ESPN BET

ESPN BET Sportsbook launched on November 14, 2023, and comes from one of the most recognizable brands in the sports media industry, ESPN. The current welcome bonus allows new users to make their first wager and get up to $1,000 back in bonuses if it loses with a “First Bet Reset”.

Betfred

With a user-friendly interface and competitive odds, Betfred Sportsbook provides an enjoyable betting experience for both casual and professional bettors. The platform offers various betting options, including live in-play betting, accumulator bets, and cash-out options.

Tipico

With a sleek and user-friendly interface, Tipico Sportsbook provides an enjoyable betting experience for both new and experienced bettors. The platform offers competitive odds, a variety of betting options including live in-play betting, and a convenient cash-out feature.

Top Sports Teams at Colorado Sportsbooks

There are plenty of options to bet on in the state if you are looking to get into online betting. The state has the following professional sports teams from major leagues.

NFL: Denver Broncos

NBA: Denver Nuggets

NHL: Colorado Avalanche

MLB: Colorado Rockies

MLS: Colorado Rapids

In terms of college sports, there are some Division I schools you can bet online and at Colorado Casinos. Colorado competes in the PAC 12 conference while Colorado State is also a Division I school. Each of these are options if you are getting on Colorado sports betting apps to place wagers on college games.

Colorado Sports Betting Sites and Sports Betting Apps Promotions

There are plenty of sportsbook offers that are given out by the top sites to encourage new users to sign up. Here’s a look at some of the common promo codes, bonuses, and more you might see with the top sportsbooks before you place a bet.

Bonus Bets

One of the best bonuses offered by an online sports betting app is a bonus bet. The best sportsbooks will dish out bonus bets to new users to entice them to register for the platform. Some bonus bets come without any form of a qualifying deposit. All you need to do is sign up and a sportsbook will give you bonus bets up to a certain amount. Sometimes, the bonus bet needs to be wagered on a specific event.

Other bonus bets have what is called a qualifying bet or deposit that you need to activate the bonus. You have to either place a wager or deposit a certain amount of money to receive the bonus bets. For example, DraftKings has run offers in the past where you place a $5 wager and get $150 in bonus bets instantly.

Second Chance Bets or Bet Insurance

A first bet insurance can also be known as a no-sweat bet, second chance bet, or first bet offer. It provides a type of safety net for users who place their first bet. This promotion offers protection for the first bet that you make up to a specific amount.

In the event of a losing the bet, the sportsbook will credit your account with bonus bets or bet credits equivalent to the initial wager. This type of bonus offer is designed to encourage new users to explore the platform and bet without fear of losing their initial amount of money deposited.

Deposit Match Bonus

Sportsbooks will dish out a deposit match bonus for new bettors who register. They usually come in a percentage of your deposit. For example, a sportsbook might have a 100% deposit match up to a certain amount.

When you register and deposit, you receive bonus funds up to the limit. If the offer calls for a 100% deposit bonus match up to $500, you can get $500 in bonus funds by depositing $500.

Refer a Friend

Friend referral promotions reward users for inviting their friends and others to join the sportsbook platform. When a user refers a friend, they will receive a bonus or credit, often in the form of bet credits or bonus bets, once their friend signs up and meets certain criteria.

These types of promotions not only provide incentives for users to invite their friends but also expand the sportsbook’s customer base as they look to grow their sports betting apps quickly.

Using Multiple Best Colorado Sportsbook Options

When you start CO online sports betting, it’s important to use more than one sportsbook. This will give you the chance to find the best odds, lines, bet types, features, and more by comparing. This is one of the best things about online betting. You can sign up for multiple Colorado online sportsbooks.

This will help you get the best value for each bet in the Colorado sports betting market. Each sportsbook doesn’t have the exact same odds or bets. Using multiple online and mobile sportsbooks will help give you an edge over the sportsbooks.

Daily Fantasy Sports in Colorado

It is legal to participate in daily fantasy sports competitions in Colorado, as the state legalized them in 2016. As long as you are 18 years of age or older, you can play on licensed DFS platforms such as FanDuel, DraftKings, or any other approved site within the state.

Colorado Sports Betting FAQs

Is sports betting legal in Colorado?

Yes, sports betting is available in the state at both retail locations and online sportsbooks. Sports betting in the state has been legal since May 2020.

How old do I have to bet to bet in Colorado?

If you want to use the sports betting apps in Colorado or bet at retail sites, you have to bet at least 21 years old. Sports betting operators in Colorado collect your personal information to verify your identity and age before you can use the best betting sites and mobile apps.

What are the top CO sportsbooks?

Some of the top Colorado sportsbooks include DraftKings, BetMGM, Casears, Fanatics, and FanDuel. You can bet on college and professional sports with a top sportsbook in the Centennial state.

Can I bet on college sports in Colorado?

Yes, you can bet on college sports in the state. Some states have restrictions for college teams but Colorado is wide open. There is no betting on high school sports though in the state.

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written by

Sam hails from Grandville, Michigan. He has a rich sports background, including playing baseball at Central Michigan before covering high school sports and working with the Orlando Magic. He earned his broadcasting/journalism degree from Central Michigan University and was a member of the 2010 MAC Championship baseball team. Sam developed his expertise while working with Betsperts, Bleacher Nation, and 4for4 in various areas such as writing, social media, betting research, and business development. He's a big fan of the NBA, NFL, and MLB, highly interested in data and statistics.

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