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Sports betting is legal in Colorado, both online and in person. Voters approved Proposition DD in November 2019, and the market officially launched on May 1, 2020. Today, Colorado is one of the most competitive betting states in the U.S., with over a dozen legal operators offering mobile apps, retail sportsbooks, and ongoing promos.
In this guide, we’ll cover top sportsbook promos and welcome offers.
Colorado Sports Betting Overview
- 📆 Online Launch Date: May 1, 2020
- 📱Online Sportsbooks Available: 16
- 🏬 Retail Sports Betting: ✅Legal (casinos in Black Hawk, Central City, and Cripple Creek)
- 🎂 Legal Betting Age: 21+
- 🏈 College Sports Betting: ✅Permitted with restrictions (player props)
- 🎰 Online Casinos: ❌ Not Legal
Is Colorado Sports activities Betting Authorized?
Sure. Colorado legalized sports activities betting in November 2019 when voters permitted Proposition DD, and the market launched for each retail and on-line betting on Might 1, 2020. Sports activities betting is regulated by the Colorado Division of Gaming. You’ll be able to guess on-line or on cell with licensed operators, and in individual at retail sportsbooks inside Colorado casinos. You should be 21 or older and bodily positioned inside Colorado to position a authorized wager, with geolocation used to confirm your location.
Faculty Sports activities Betting in CO: Some Restrictions
Betting on in-state faculty groups is allowed, however no wagers on particular person participant props for any faculty video games.
Prime Colorado Sportsbook Apps Ranked & Reviewed
Colorado’s on-line market is aggressive, with a number of main nationwide operators stay statewide. Whereas extra sportsbooks might enter over time, this part focuses on the highest 5 based mostly on market share, app high quality, promotions, and betting options.
DraftKings Colorado
- Best known for: deep market depth, fast live pricing, and one of the most polished apps.
- DraftKings launched in Colorado on May 1, 2020, and is a national market leader known for deep markets and quick, reliable live odds.
- Welcome offer: Bet $5, Get $300 if your bet wins
- App experience & notable features: iOS rating 4.8/5 (847K+ ratings); live betting hub, SGPs, wide prop catalog
- Final take: choose DraftKings if you want the broadest menu and fast, reliable live markets on CO teams.
FanDuel Colorado
- Best known for: the most intuitive Same Game Parlay builder and strong live markets.
- FanDuel went live in Colorado on May 1, 2020, and is a top national operator recognized for an intuitive app and elite same game parlay tools.
- Welcome offer: Bet $5, Get $300 in Bonus Bets if your first bet wins. No code required.
- App experience & notable features: iOS rating 4.8/5 (847K+ ratings); live betting hub, SGPs, wide prop catalog
- Final take: pick FanDuel if you value a slick app and elite parlay tools with instant payout previews.
BetMGM Colorado
- Best known for: Frequent profit boosts and broad SGP options and MGM Rewards integration for hotel and resort perks.
- BetMGM launched in Colorado on May 1, 2020, and is a widely respected U.S. brand backed by MGM Resorts with broad market coverage and strong promos.
- Welcome offer: “First Bet Offer” up to $1,500 back in bonus bets if your first bet loses with promo code FOXSPORTS.
- App experience & notable features: iOS rating 4.8/5 (~240K ratings); live betting, cash-out, wide sport coverage.
- Final take: if you value boosts and MGM Rewards status, BetMGM is a strong secondary book in CO even when a first-time promo isn’t running.
Fanatics Sportsbook Colorado
- Best known for: FanCash rewards that convert to bonus bets or merchandise and steady football-season promos.
- Fanatics launched in Colorado in December 2023 after migrating PointsBet accounts, and it is growing nationally with its FanCash rewards and clean, modern app.
- Welcome offer: Sign up at Fanatics Sportsbook and get up to $2,000 in FanCash back on losing bets for up to 10 days.
- App experience & notable features: iOS rating 4.8/5 (138K+ ratings); clean UI, live betting, responsible gaming tooling.
- Final take: a great add for rewards hunters, especially during football season, with daily FanCash value.
Caesars Colorado
- Best known for: daily “Super Boosts” and frequent promos and Caesars Rewards credits on eligible wagers.
- Caesars entered Colorado as William Hill in September 2020 and rebranded to Caesars in August 2021, and it is a prominent national book tied to Caesars Rewards and frequent boosts.
- Welcome offer: FOX250BM unlocks a first bet match up to $250 as a bonus bet, win or lose
- App experience & notable features: iOS rating 4.7/5 (89K+ ratings); SGPs, live betting, simplified navigation.
- Final take: if you want steady boosts and a national rewards program that ties into Vegas stays, Caesars is a solid rotation book in CO.
bet365 Colorado
- Best known for: elite in-play betting, early-payout features, vast global menus, and very robust alternate totals/spreads.
- bet365 launched in Colorado on September 6, 2022, and is globally respected for best-in-class live betting, streaming, and deep alternate lines.
- Welcome offer: choose Bet $5, Get $150 in Bonus Bets or a First Bet Safety Net up to $1,000.
- App experience & notable features: iOS rating 4.8/5 (189K+ ratings); strong live betting hub with rapid markets and useful in-game stats.
- Final take: stands out for best-in-class live betting with fast odds updates, deep markets, and integrated live streaming that makes in-game wagering seamless.
All Authorized CO Sportsbook
- Bally Bet
- Bet365
- BetMGM Sportsbook
- BetMonarch
- BetRivers Sportsbook
- Betsafe
- Caesars Sportsbook
- Circa Sports
- ClutchBet
- DraftKings Sportsbook
- theScoreBet (formerly ESPN Bet)
- Fanatics Sportsbook
- FanDuel Sportsbook
- Novig (temporarily offline)
- SBK Sportsbook
- SI Sportsbook
- Sporttrade
Finest CO Sportsbook Promos & Welcome Gives (January 2026)
New customers in Colorado can seize about $500–$650 in near-instant worth by stacking present offers. Meaning new customers can stack promotions throughout a number of books earlier than deciding which sportsbook most closely fits their betting model. Don’t choose only one—declare as many presents as attainable to maximise your bonus worth, then follow the e book that feels best for you.
DraftKings CO Promo – Guess $5, Get $300 in Bonus Bets If Your Guess Wins
Supply Abstract:
- Bet $5, Get $300 If Your Bet Wins
- Who’s Eligible: New customers, 21+ (18+ in DC/KY/NH/WY), in eligible states (AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY, WV).
- Qualifying Bet: $5+ cash bet at -500 odds or longer using the New Customer Token.
- Bonus: Get $300 in Bonus Bets (12×$25) if your bet wins.
- Expiration: Bonus Bets valid for 7 days.
- One per customer; void/cashed-out bets don’t qualify.
Key Particulars:
- Minimum $5 deposit, the first placed wager of $5+ will be the qualifying wager.
- Consists of: once the bet settles, you will receive any cash winnings from your Qualifying Bet if it wins, and Bonus Bets will be issued as eight $25 Bonus Bets.
- Bonus bet expiration: seven (7) days (168 hours).
Fast How-to-Declare:
- Sign up for a new DraftKings Sportsbook account.
- Deposit funds (minimum $5).
- Select the New Customer Token.
- Place a $5+ cash bet (-500 odds or longer).
- Win to get $300 in Bonus Bets.
FanDuel CO Promo – Guess $5, Win, Get $300 in Bonus Bets
Supply Abstract:
Key Particulars:
- Minimum $5 deposit, the first placed wager of $5+ will be the qualifying wager.
- Consists of: once the bet settles, you will receive $300 in Sportsbook Bonus Bets — only if your wager wins.
- Bonus bet expiration: seven (7) days.
Standout Perk:
- Includes Sportsbook Bonus Bets equal to $300, and within 72 hours of winning bet settlement.
Fast How-to-Declare:
- Sign up, deposit $5+, place a $5 wager on any market, and get Bonus Bets.
BetMGM CO Promo – As much as $1,500 Again in Bonus Bets
Supply Abstract:
Key Particulars:
- Minimum $10 deposit, the first placed wager of $10+ will be the qualifying wager.
- Consists of: Getting your original stake paid back in Bonus Bets, up to $1,500 if your bet loses.
- Bonus bet expiration: seven (7) days.
Standout Perk:
- Includes Bonus Bets of up to $1,500 if your bet loses.
Fast How-to-Declare:
- Sign up, deposit $10+, use the First Bet Offer Token to wager on any game, and get Bonus Bets if the bet loses.
Fanatics CO Promo – $2,000 in FanCash
Supply Abstract:
Key Particulars:
- Minimum deposit of $1, and with odds of -500 or longer for 10 straight days.
- Consists of: Getting $100 in FanCash if the no-sweat bet on any football game day loses.
Standout Perk:
- Includes $100 of FanCash if your bet loses.
Fast How-to-Declare:
- Sign up, deposit $1+, place your first wager on any football game day, and get FanCash if the bet loses.
bet365 CO Promo – Guess $5, Get $150 in Bonus Bets
Supply Abstract:
- New users can bet $5 and receive $150 in Bonus Bets, regardless of the outcome.
Key Particulars:
- Minimum deposit of $10 and made in the seven days prior to you claiming the offer.
- Consists of: Getting $150 in Bonus Bets. It doesn’t matter if the bet wins or loses.
- Bonus Bet expiration: 30 days after registering your account.
Standout Perk:
- Includes $150 of Bonus Bets regardless of whether your bet wins or loses.
Fast How-to-Declare:
- Sign up, deposit $10+, place your first $10 wager, and get Bonus Bets.
Minimal $10 deposit required. Minimal odds -500 of better. Bonus Bets wager excluded from returns. New clients solely. T&CS, closing dates and exclusions apply.
Caesars CO Promo – $250 First Guess Match with Code FOX250BM
Supply Abstract:
Key Particulars:
- Minimum $1 deposit, the first placed real-cash wager of $1+ will be the qualifying wager.
- Consists of: By opening an account and betting $1 on any market (minimum odds of -10000 or longer to qualify) for any event, you’ll receive ten (10) 100% Profit Boost Tokens.
- Bonus bet expiration: 14 days.
Standout Perk
- The maximum wager amount for each Token is $25, and the maximum additional winnings for each Token is $2,500.
Fast How-to-Declare
- Sign up, deposit $1+, place a $1 wager on any market, and get Profit Boost Tokens.
The best way to Begin Betting on Sports activities in Colorado
1. Select a Authorized CO Sportsbook
Evaluate welcome bonuses, odds high quality, and app UX. Examine for Broncos, Nuggets, Avalanche, or Rapids promos.
2. Register On-line
Colorado permits distant sign-up. You’ll usually enter: full identify, e mail, date of delivery, final 4 of SSN, and bodily tackle. Confirm location and age (21+).
3. Declare a Welcome Bonus
Click on the “declare” button on this web page to choose in. Learn the phrases and circumstances for minimal odds, qualifying guess, and expiry.
4. Deposit Funds
Widespread CO strategies: credit score and debit card, on-line banking/ACH, PayPal, Venmo, Apple Pay, Play+ pay as you go.
5. Place Your First Guess
Instance: guess $5 on the Broncos to win at DraftKings to unlock bonus bets. You may also strive a easy whole or moneyline.
6. Withdraw Winnings
Payout choices normally embody on-line banking/ACH, PayPal, Venmo, and Play+. E-wallets typically pay quickest, whereas financial institution transfers can take longer. Examine processing instances within the app’s cashier.
Colorado Sports activities Betting Deal with
The betting deal with is the entire sum of money wagered with authorized sportsbooks over a given interval. It counts each greenback staked earlier than any winnings are paid out. Deal with shouldn’t be the sportsbook’s income. Income equals deal with minus payouts, and the maintain (or win fee) is income divided by deal with.
Fast instance: if bettors place $200 million in wagers and sportsbooks pay out $188 million, income is $12 million and the maintain is 6%.
| Year | Handle | Revenue | Hold | Taxes |
| 2020 | $1.19B | $75.8M | 6.38% | $2.93M |
| 2021 | $3.85B | $250M | 6.50% | $11.7M |
| 2022 | $5.18B | $352M | 6.80% | $19.6M |
| 2023 | $5.56B | $392M | 7.07% | $27.4M |
| 2024 | $6.19B | $475M | 7.68% | $31.9M |
Accountable Sports activities Playing in Colorado
Sports activities betting must be pleasing and suit your price range. If playing is affecting you or somebody , confidential assist is obtainable in Colorado and nationwide. Most sportsbooks additionally supply deposit limits, time-outs, and self-exclusion that can assist you keep in management.
Assist and sources:
- Colorado Problem Gambling Coalition – problemgamblingcolorado.org – 📞 1-800-522-4700
- National Council on Problem Gambling (NCPG) – ncpgambling.org | 📞 1-800-522-4700 | 📱 Text “HELP” to 800-522-4700 | 💬 Live Chat: ncpgambling.org/chat
- Gamblers Anonymous – gamblersanonymous.org | 📞 1-855-222-5542
Playing disclaimer: Solely people aged 21 and over are permitted to gamble. Should you or somebody has a playing downside and desires assist, name 1-800-GAMBLER. Playing is topic to native state regulation and is unlawful in some states. Please gamble responsibly – info regarding accountable playing could be discovered right here.
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