It has been a while since Colorado was referred to as part of the Wild West – but that’s the best way to describe the state’s approach to legal sports betting.
No other state in America offers its residents and visitors more sports gambling options, with Colorado having welcomed more than two dozen online operators alone inside its borders.
Colorado’s online sports betting landscape is unlike any you’ll see anywhere else in the United States. The mix of well-established brands and local operators means players have more choice than any other sports bettors in the country.
That said, some mobile sportsbooks are better than others; here’s our list of the top operators in Colorado.
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21+. Gambling can be addictive, please play responsibly
Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.
BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.
FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.
DraftKings had a solid reputation as the leading DFS provider in the country, so the shift to legal sports betting felt natural. They offer one of the most voluminous collections of ongoing promos and odds boosts in the industry as they cater to the beginner crowd. However, their reputation has dwindled as outspoken CEO Jason Robins leads the charge of the anti-profitable bettor mentality that runs rampant amongst sportsbooks that are quick to limit winning players.
bet365 is one of the largest and most popular sportsbooks globally. With a well-received mobile app, popular same-game parlays, and a wide variety of sports leagues to bet on it’s no wonder 80 million sports bettors worldwide continue to use bet365.
Online since: 2015
PointsBet’s innovative nature shows that they don’t want to just be another book you place typical bets. Unfortunately, they are quick to limit bettors on a hot streak and limit the number of promos you’re able to take advantage of, making it necessary for you to shop at other books regularly.
With a large variety of ongoing promos and contests featuring Barstool personalities, Barstool Sportsbook is a solid option available for casual bettors.
While this book won’t wow you with its design, you won’t find many apps easier to navigate – or with the sheer volume of sports markets Betway offers. And although you'll find more generous signup offers elsewhere, Betway remains a strong global sports betting brand that deserves to be mentioned among the second-tier sportsbook options in the U.S.
Sports bettors in other parts of the U.S. can only dream about the kinds of promotional opportunities Coloradoans have access to, with dozens of sportsbooks offering a wide variety of sign-up bonuses. And while not all of them measure up to the best of the best, we’ve narrowed down the top sign-up offers and bonuses for you here:
PointsBet offers new players a $100 risk-free bet on each of their first five days as an account holder. Their deal is of the "if you don't use it, you lose it" type, so to get the most out of this, you must be super active in your first week as a player. Make sure to use promo code 5X100RC to claim.
Caesars Sportsbook is now offering its "Go Full Caesar this Football Season" welcome bonus for new users. For prospective bettors, your first bet is on Caesars up to $1,250. If the bet loses, you get 100% of your stake back as a bet credit.
Note that $10 is the minimum wager amount accepted to qualify for this offer. All credits will be added to a user's account within 7 days. The bet credit is for one-time use within 14 days and cannot be divided across multiple wagers.
New users will also receive 1000 Caesars Rewards Tier Credits and 1000 Caesars Reward Credits®, win or lose. Tier Credits contribute to your Tier Status, which gives you more benefits and faster service.
Tier Statuses are as follows:
Gold: 0 – 4,999 Tier CreditsPlatinum: 5,000 – 14,999 Tier CreditsDiamond: 15,000 – 24,999 Tier CreditsDiamond Plus: 25,000 – 74,999 Tier CreditsDiamond Elite: 75,000+ Tier CreditsSeven Stars®: 150,000+ Tier Credits (exclusive invitation only)
Sports bettors can earn 1 Tier Credit for every $5 of potential profit on sports bets placed *Up to 10 times the original amount staked* Users can redeem these points when playing, dining, shopping, or staying at Caesars resorts and casinos.
FanDuel is rolling out a lucrative welcome bonus for new users to take advantage of.
Upon registering, new users will receive $150 in bonus bets regardless of whether their bet wins or loses when they deposit and wager $5 on any live sporting market. All users will receive their bonus bets within 72 hours after placing the initial wager.
It is important to note that only bets placed on the FanDuel app are eligible for this promotion. Mobile browser and desktop users will be prompted to download the app to claim the offer when visiting the FanDuel website.
BetMGM offers new customers up to $1,000 back in bonus bets when they sign up for an account.
For this bonus bet, you only get money back if your first bet loses, and they match your first bet up to $1,000. There are no minimum or maximum odds restrictions on your first bet, which is nice since sign-up promos usually feature those. While that’s admirable insurance, it rewards you with nothing if your first bet hits. For that reason, deposit matches are generally slightly more appealing.
Barstool Sportsbook has an average sign-up bonus offering a $1,000 risk-free bet for new users. They word it differently by calling it a “2-for-1,” but Colorado residents know better: it’s a standard welcome bonus.
With the risk-free bet, you only get money back if your first bet loses, and they match your first bet up to $1,000. While that’s commendable insurance, it rewards you with nothing if your first bet hits. For that reason, deposit matches are generally slightly more appealing.
At DraftKings Colorado, you will receive a $50 free bet with a minimum deposit of $5. If you don’t have the bankroll to make a more extensive first deposit, this is a humble offer. Still, this is far from generous, considering that DK is a multi-billion dollar industry giant.
The more significant offer DraftKings features is a 20% first deposit match up to $1,000. In this case, you must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000. This is not a reasonable offer for the casual bettor.
This risk-free first bet gives you insurance in case your first bet is graded a loss, but if your first bet hits, you get nothing for signing up. Due to this, most Colorado bettors will likely prefer sportsbooks that offer a deposit match.
Tipico has, however, improved its playthrough requirements from a 3x rollover to match the normal 1x rollover for your winnings before you can withdraw. This means if you take full advantage of the $750 risk-free bet, you need to play through an additional $750 ($1,500 in total) before withdrawing funds.
In addition to improving playthrough requirements, Tipico also doesn’t have a minimum or maximum odds requirement for its risk-free welcome bonus.
Bally Bet Colorado has a pretty poor sign-up bonus compared to the industry standard. They offer two different bonuses. New users get a free $100 bet for signing up plus a $550 risk-free first bet. The risk-free bet can be used to wager on any event that doesn’t exceed +300 in odds.
You only get a bonus with the risk-free bet if your first bet is graded a loser, giving you some insurance. However, Bally’s limits the odds available for you to take advantage of, and the monetary value of $550 is severely below industry leaders.
If you’re a new user in Colorado, you won’t be floored by the welcome bonus offered at FOX Bet. While the industry standard has been set at $1,000 by leaders such as DraftKings and FanDuel, FOX Bet has decided to provide new users just $500 insurance in the form of a risk-free bet.
With the risk-free bet, your first qualifying bet placed will be refunded if it’s graded a loss in the form of free bets for up to $500. You need to play through that bonus money 1x before you can cash it out. If your first bet wins, congratulations. You get nothing for signing up. But at least you won your bet!
(Note: Terms and conditions apply to all offers and bonuses.)
Sports Illustrated offers a fairly straightforward welcome bonus for new customers. Bet $20 or more with promo code SI200, and if your bet wins you'll win $200 in free bets in addition to your initial payout.
You'll have to wager on something at +120 (2.2, 1.2/1, 45.5% implied probability) or more, which is higher than other welcome bonuses out there. Free bets will be released as eight $25 tokens and will take up to 72 hours to be in your account. That's a significant amount of time considering they expire after just seven days!
|🚀 Launch Date||May 1, 2020|
|💰 # of Betting Sites||26|
|📱 Online Sports Betting||✅ Yes|
|🎰 Retail Sports Betting||✅ Yes|
|🖥️ Online Casino||❌ No|
|🃏 Retail Casino||✅ Yes|
|🏈 College Sports Betting||✅ Yes|
|🌎 2022 Population (est.)||5.8 million|
|💵 2021 Betting Handle||$3.83 billion|
|💸 Tax Rate||10 percent|
With in-game betting becoming more popular by the day, PointsBet gets a slight nod over the rest of Colorado’s top-tier books by offering one of the widest arrays of in-game betting and prop opportunities. PointsBet also has one of the largest portfolios of sports offerings in the business, which is a big plus.
Check out our PointsBet sportsbook review.
You’ll be hard-pressed to find a sports betting app that offers more in the way of promos and contests than BetMGM. Between the Money Monday Club, King of the Weekend and the hilarious 8-bit Barry game, along with its Parlay Plus promotion, BetMGM has all the bases covered when it comes to player perks.
Check out our BetMGM sportsbook review.
One of the most iconic brands in U.S. sports betting, Caesars has earned its place among the top Caesars operators on the strength of an easy-to-navigate interface and a trove of in-game betting options. And while their $5,000 risk-free bet is no longer available, its current offer is still better than most.
Check out our Caesars sportsbook review.
FanDuel still has appeal even if some of its early innovations are no longer best-in-class. Beginners and experts alike will rave about the app’s clean interface, and the availability of free plays for members is a nice touch. But the same-game parlays offer no edge – and FD is no longer alone in the SGP space.
Check out our FanDuel sportsbook review.
The Barstool brand has a love-hate relationship with the general public, but the sports betting app is worth a look no matter what side of the fence you’re on. The “Move the Line” scroller gives you instant access to alternate lines and totals, and Barstool has one of the largest selection of sports from which to choose.
Check out our Barstool sportsbook review.
DraftKings might be a little further down the list than some expect, but it’s actually above average in several areas (including payout speed, available markets, and ease of interface use). But the lack of a phone option for customer service is a significant strike against an otherwise strong app.
Check out our DraftKings sportsbook review.
Tipico has been listening to the crowd. The Europe-based operator lowered the rollover on its $750 risk-free bet from 3x to 1x, matching the industry standard and endearing itself to those it had alienated. Still, with no live streaming option and low limits on boosts, Tipico still has plenty of work to do.
Check out our Tipico sportsbook review.
You will almost certainly rank Circa Sports higher or lower based on what kind of player you are. High rollers will love the fact that Circa easily has the highest limits across the board of any sportsbook in the United States. Beginners, on the other hand, might stay away due to the fact that Circa doesn’t offer a sign-up bonus.
Check out our Circa sportsbook review.
Talk about an ugly first impression. WynnBET used to have a $1,000 risk-free bet but is now offering just $200 in free wagers – though you only need a $10 minimum deposit to access them. There’s also a major disconnect between the quality of the app (very good) and that of the desktop experience (super-terrible).
Check out our WynnBET sportsbook review.
Coloradoans will love some of what FOX Bet offers: Namely, reduced vig on local teams and strong futures odds compared with the rest of the industry. But don’t expect big props markets here – you won’t find them. The bonus offers and ongoing promos also fall short, which is a red flag.
Check out our FOX Bet sportsbook review.
BetRivers does well to organize its live betting section and has a strong offering of alternate lines and props. But that’s pretty much where the kudos end: The app’s interface is an eyesore, and the $250 deposit match is one of the least impressive bonuses among the major Colorado sportsbook operators.
Check out our BetRivers sportsbook review.
Much like the website, the SI Sportsbook app layout is subpar, though it is slightly easier to navigate than the website.
The app is less cluttered, and the promotions ribbon is easier to find, along with a clearly marked icon that allows you to explore bonuses and promos further. But the betting slip is cumbersome and forces users to work a little harder to find the information they're looking for.
Check out our SI Sportsbook sportsbook review.
Consult our top list above for the best sports betting options available to you in Colorado. Our interactive list allows you to sort sportsbooks based on a number of criteria, including banking options, bonuses and quality of customer service.
If you’re looking for more information before making your choice, be sure to check out our detailed, unbiased reviews for each of the top sportsbooks in Colorado. This is especially important if you want to understand how each book’s bonus offers work.
Registration requirements vary slightly by sportsbook, but most follow the same protocols. Be sure to have your personal information (name, address, phone number) and credit card details (number, expiry date, CVV) handy.
Once you’re comfortable with how your sportsbook’s new signup bonus works, it’s time to make your initial deposit and claim that sweet bonus. The majority of first-time offers for Coloradoans come in one of two forms:
Congratulations! You’re ready to place a wager. Take some time to familiarize yourself with the app interface before diving in. Most mobile operators make it easy for new sports bettors to navigate, but it’s still a good idea to know where everything is.
From there, you can place any type of wager you like; the most popular bet types are the moneyline, spread or total. You can also dive into team or player props, or even kick things off with a futures bet.
Once you have the desired wager(s) in your betting card, take one last look to ensure you’ve made the selections you want. If everything is good, simply click the “Bet” button – and you’re off!
Gambling has long been a part of Colorado’s fabric, dating back to activity in the state’s frontier towns in the late-19th and early-20th centuries. Fast forward nearly 120 years, and the process to add Colorado to the collection of states with sports betting legislation was a relatively painless one relative to the rest of the country.
Here’s a look at Colorado’s legal sports betting history:
Representative Alec Garrett introduced House Bill 19-1327, aimed at legalizing sports betting in the state. Highlights of the bill included:
The bill passed through without issue and was signed into law by Colorado Governor Jared Polis on May 29, 2019.
That left Colorado Proposition DD as the only remaining step to complete – and the result was a tight one, with just 51.4 percent of voters in favor of the statute. That vote cleared the way for sports betting to become legal sometime in 2020.
May 2020 is a big one for the state, as sports betting kicks off with four online operators in the marketplace (BetMGM, BetRivers, DraftKings, FanDuel). The timing, however, isn’t good for retail sportsbooks, which are forced to shut down shortly after the online launch due to the COVID-19 pandemic.
From the start, it was clear that Colorado was going to be one of the least restrictive states in the country when it came to online sportsbook licenses. By the end of the year, a whopping 15 mobile operators were in the space.
Continuing its reputation as the state with doors wide open, a trio of major players joined the fray. Barstool Sportsbook began operating in Colorado just prior to the start of the 2021 NFL season, while SI Sportsbook (in tandem with 888) joined the following month. Bet365 received its approval to join the market before year’s end.
The sheer number of online operators carved a pathway to massive revenue for the operators (and tax income for the state). Despite ranking near the middle of the pack in population nation-wide, Colorado generated an incredible $3.83 billion in handle for the calendar year while becoming one of the first states to reach the $5 billion mark overall.
The new year saw several major developments in Colorado sports betting:
Like most states, Colorado’s state gaming authority has put safeguards in place to ensure that bettors have a way out of any potential trouble spots.
Players who want to engage in self-exclusion can do so either through the Problem Gambling Coalition of Colorado, or through their online sportsbooks (which also allow bettors to set daily, weekly or monthly limits on deposits and/or wagers.
Visit the Colorado Gaming Association site.
It will come as no surprise to see a rather extensive list of major professional and amateur sports available to Colorado bettors – a list that includes (but is not limited to):
That doesn’t leave much off the table, but there are two major markets in which wagering in Colorado is prohibited:
Denver might not carry the same sterling reputation for sports fandom as larger cities like New York, Chicago or Boston – but the passion is real. The NFL’s Denver Broncos have the longest active sell-out streak in the league at more than 400 games, while the NHL’s Avalanche and NBA’s Nuggets have also been big draws in recent years.
Here’s a look at the sports betting picture relating to Colorado’s big four professional sports teams:
Big-name sportsbooks clamored to join forces with the Broncos – and BetFred gained a significant early edge thanks to a partnership agreement that included a sports betting lounge on a lawn outside Empower Field at Mile High.The activation lounge included a bar, entertainment system and on-site sportsbook.
BetMGM and FanDuel have since signed partnership arrangements with the franchise, with BetMGM planning to install its own lounge on the Level 1 concourse.
DraftKings emerged out of thin air (Get it? Because Denver is a high-altitude city?) to become not only the Rockies’ first sports betting operator, but also its official DFS provider. And while signage, branding and DK-inspired giveaways make up the bulk of the partnership, fans should expect to see a sportsbook at Coors Field at some point.
A visit to Ball Arena wouldn’t be complete without stopping by the PointsBet Club Level, the crown jewel of the sportsbook operator’s partnership with Kroenke Sports and Entertainment. PointsBet Club Level offers patrons access to a host of premium amenities, including the Truly Club, Colorado Social and private event spaces.
Branding Ball Arena’s premium sections isn’t the only impact PointsBet has had on the mile-high venue. PointsBet has also gone the extra step to upgrade the arena’s Wi-Fi, giving visitors one of the best mobile experiences of any sports venue in the U.S. (and thereby making it even easier for customers to place wagers from the game).
Some players prefer the old-school, in-person, cash-and-ticket method of sports betting. Yet, while those options are plentiful in Colorado, players have just three cities to choose from when it comes to brick-and-mortar betting options. Here are the places where you can bet at in-person sportsbooks in the Centennial State:
Ameristar Casino Black Hawk (Barstool Sportsbook, 111 Richman Street, Black Hawk, CO, 80422)
Bally's Black Hawk (DraftKings Sportsbook, 300 Main Street Black Hawk, CO, 80422)
Grand Z Casino (Play Maverick Sports, 321 Gregory St, Central City, CO, 80427)
Isle Casino Hotel Black Hawk (Caesars Sportsbook, 401 Main St, Black Hawk, CO, 80422)
Johnny Z’s Casino (Play Maverick Sports, 101 Gregory St, Black Hawk, CO, 80422)
Lady Luck Casino (Caesars Sportsbook, 340 Main St, Black Hawk, CO, 80422)
Monarch Casino Resort Spa (BetMonarch, 488 Main St, Black Hawk, CO, 80422)
Red Dolly Casino (Elite Sportsbook, 530 Gregory Street, Black Hawk, CO, 80422)
Saratoga Casino Black Hawk (BetFred Sportsbook, 101 Main Street, Black Hawk, CO, 80422)
The Lodge Casino at Black Hawk (SuperBook, 240 Main Street, Black Hawk, CO, 80422)
Wildwood Hotel and Casino (Woody's Sportsbook, 119 Carbonate Street, Cripple Creek, CO, 80813)
[NOTE: The sportsbook at Bronco Billy's Casino (TwinSpires, 233 E. Bennett Ave., Cripple Creek, CO, 80813) is CLOSED. Winning bet tickets can be redeemed at the Bronco Billy's Cage.]
Like several other notable states, Colorado kicked off its era of legal sports betting just as the COVID-19 pandemic took hold. For that reason, the first few months of regulated wagering in the state produced underwhelming revenue and handle figures – but that quickly changed as sports returned.
Colorado rode a strong December to a $1.2-billion opening year, then improved on that figure with four straight months of $400+ million handle to end 2021. Here’s a look at Colorado’s monthly handle beginning in May 2020:
With the overwhelming majority of Colorado’s retail sportsbook action limited to just two communities, it’s no surprise that the state generates a higher percentage of handle via mobile (98.7 percent in February 2022) than any other notable state with regulated sports wagering. And having 26 active mobile sportsbooks doesn’t hurt, either.
Colorado taxes sportsbooks at a rather reasonable rate of 10 percent.
Yes! Mobile sports wagering officially began in Colorado in May 2020 with four sportsbooks (BetMGM, BetRivers, DraftKings, FanDuel) all going live.
You can create an account, deposit, make bets and withdraw using any regulated mobile sports betting app in Colorado, as long as you are within state borders. Be sure to complete all of your transactions before you leave, however; once you’re outside the state, you will no longer be able to access your account(s).
You certainly can! Any regulated mobile sports betting app should work in whatever Colorado-based sports venue you’re in at that time.
Check out our list of the top-rated Colorado sportsbooks above!
You are permitted to wager on any Colorado-based professional or collegiate sports team. College player props, however, are not offered.
You sure can! Esports wagering is permitted in Colorado, though all markets must first be approved by the Esports Integrity Commission, an organization that “take(s) responsibility for disruption, prevention, investigation and prosecution of all forms of cheating in esports, including, but not limited to, match manipulation and doping.”
With a population of just under six million people (2022 estimate), Colorado is the 20th-most populous state in America. It has, however, seen the sixth-largest growth rate in the United States since 2021 at a whopping 18.1 percent.
The Colorado Gaming Association has jurisdiction over sports betting in the state. You’ll find plenty of information on the CGA website, including directions for self-exclusion, laws and regulations, and mobile sports wagering reports.
As if there weren’t already enough online sportsbooks in the state, more are on the way. Bet365 is expected to launch in Colorado before the end of June, while ClutchBet (the U.S. brand of Australia-based BlueBet) should also make its way into the Centennial State in the coming months.