Best Colorado Sports Betting Sites

Check out our expert review of Colorado sports betting sites to discover sportsbooks that provide a fantastic betting experience.

We guide you into finding the best Colorado sportsbook as we look into its benefits, drawbacks and so much more.

Best Colorado Online Betting Sites in 2022

Top Results for Virginia, US
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# Sportsbook Bonus
1.
Caesars Sportsbook

Up to 1100$ free bet

Cashback

Caesars Sportsbook
Mastercard
PayNearMe
PayPal
Play+
VISA
Discover
Use bonus code: CZR
Qualifying bet: No minimum bet amount and no odds restrictions
Wagering requirement: 1x bonus
2.
FanDuel Sportsbook

Up to $1,000 risk-free bet

Free bet

FanDuel Sportsbook
PayPal
VISA
Mastercard
PayNearMe
Discover
Use bonus code: No bonus code required; Register to claim
Qualifying bet: No minimum bet amount
Wagering requirement: 1x bonus
3.
BetMGM review

Up to 1000$ free bet

Free bet

BetMGM review
PayNearMe
PayPal
Play+
Discover
Use bonus code: No bonus code required. Register to claim offer
Qualifying bet: No minimum bet amount and no odds restrictions
Wagering requirement: 1x bonus
4.
BetRivers

100% up to 250$

Match deposit bonus

BetRivers
VISA
Mastercard
VIP Preferred
PayPal
Play+
PayNearMe
Use bonus code: 250MATCH
Qualifying bet: No minimum bet amount and no odds restrictions
Wagering requirement: 1x bonus
5.
PointsBet

2 risk free bets up to 2000$

Cashback

PointsBet
VISA
Mastercard
PayPal
Use bonus code: WELCOME
Qualifying bet: No minimum bet amount and no odds restrictions
Wagering requirement: 1x bonus
6.
Unibet

Up to 250$ free bet

Cashback

Unibet
Mastercard
VISA
PayPal
Play+
Use bonus code: No bonus code required; Register to claim
Qualifying bet: $10 or more
Wagering requirement: 1x bonus
7.
WynnBET

Bet $50 get $200 in free bets

Cashback

PayPal
Mastercard
Play+
VISA
VIP Preferred
Use bonus code: No bonus code required; Register to claim offer
Qualifying bet: Bet $50 or more at minimum odds of -120
Wagering requirement: 1x bonus
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Top 3 Colorado Sports Betting Sites

Our experts handpicked the following top 3 sportsbooks in Colorado, all of which have different betting features and great apps available.

BetMGM #1

BetMGM in Colorado offers new joiners a fantastic welcome bonus. This bonus is very easy to be eligible for since it does not involve any wagering requirements. The promotions of this sportsbooks are focused on major league games. BetMGM review

DraftKings Sportsbook #2

DraftKings is one of the top sportsbooks for multiple reasons; and for starters they have a fantastic app. The welcome bonus at this sportsbook is also excellent and the terms and conditions are not as complex as one might think. DraftKings Sportsbook review

Fanduel Sportsbook #3

If a great user interface is what you’re looking for, then Fanduel Sportsbook is perfect for you. Not only will you benefit from their fantastic user interface, but they have great promotions all throughout the whole year. FanDuel Sportsbook review

Colorado Betting Site Winners by Category

If you’re looking for a sportsbook that will meet your exact needs, you will find the table below very useful. For example, if you’re looking for a sportsbook in Colorado that offers the best betting bonus, you should try out PointsBet.

Best sportsbooks by category
Best overall betting site in Colorado

BetMGM

Most payment options in Colorado

FanDuel

Best betting bonus in Colorado

PointsBet

Best odds in Colorado

Caesars Sports

Fastest payout in Colorado

PointsBet

Best betting app in Colorado

DraftKings

How to find the Best Betting Site in Colorado for You

Finding the right sportsbook may seem intimidating with the large selection of sportsbooks available in Colorado. Check out the below guide for an easy walkthrough on finding the best betting site in Colorado.

  • Safety and licenses

    Betting only with licensed and regulated sportsbooks is paramount because they’re the only ones that guarantee players’ safety.

  • Bonuses

    Having a solid welcome bonus and several active promos for registered users is always a good thing. That’s why we pick only the CO sportsbooks with the best special offers.

  • Quality of odds

    Having solid odds on many sports is the first sign of an excellent betting site. This is very important since more favorable prices directly translate to higher payouts.

  • Mobile apps

    Most top CO sportsbooks also offer bespoke betting apps for both iOS and Android platforms with all the perks of their desktop site.

  • Payment methods

    Having an option to deposit with payment methods such as PayPal, Play+, VISA, and MasterCard is one of the first things we check before reviewing any Colorado betting site.

Betting Sites in Colorado to Avoid

Sportsbooks that are not yet regulated and licensed in Colorado are the main betting sites to avoid. Any sportsbooks that aren’t licensed in the US are illegal to place bets on, only the licensed sportsbooks in Colorado are legal and safe.

Colorado is one of the states in the US that has a large number of sportsbooks available. With so many legal choices there is no need to look at offshore betting sites.

How to sign up for Colorado Sports Betting Sites

If you’re 21 years of age or older and you’re physically in the state of Colorado you can sign up at an online sportsbook.

Follow the guide below to learn how to sign up at an online sportsbook in the state of Colorado.

1
find regulated sportsbook
Find a regulated sportsbook

Check out our top list of legal Colorado sportsbooks.

2
sign-in
Click the 'Sign in' button

Click on the ‘Sign in’ button and enter your personal details to create a new account.

3
personal details
Confirm email adress

Confirm your email address for your new account.

4
welcome bonus
Claim welcome bonus

Check for any welcome bonuses available that the sportsbooks had and place your first deposit.

5
deposit
Deposit and bet

Head to the ‘cashier’ section of the sportsbook. Place your first deposit and start betting.

Colorado Betting Bonuses

The state of Colorado has to offer a lot of legal and trustworthy sportsbooks. Our expert opinion would be to go with the following sportsbook if you’re looking for something specific.

Top bonus offers
Best free bet in Colorado

BetMGM

Best sign-up offer in Colorado

PointsBet

Best enhanced odds sportsbook in Colorado

Caesars Sports

Best betting promotions in Colorado

Caesars Sports

Best reload bonuses in Colorado

N/A

Colorado Payment Methods and Banking

There are many different betting payment options for US patrons to use on sports betting sites. For those patrons in Indiana, you also have ample choices for your payment method.

The following table includes the legal payment methods available in the state. Not all of these payment options will be available at the same sportsbook.

The above limits will be different according to the sportsbook. You can check the exact payment methods available on your chosen sportsbook at the ‘cashier’ section.

  visa logo mastercard logo“discover paypal logo “play+ “vip“paynearme“onlinebank transfer logo“online
Min. deposit$5-$20$5-$20$5-$20$5-$20$5-$20$5-$20$5-$20$5-$10$5N/A
Max. deposit$6,000-$50,000$6,000-$50,000$6,000-$50,000$1,500- $25,000$2,000-$25,000$50,000-$100,000$500-$25,000$5,000- $25,000$25,000N/A
Deposit timeInstantInstantInstantInstantInstantInstantInstant3-5 days3-5 days 7-10 days
Min. withdrawalN/AN/AN/A$5-$10$10$5-$20N/A $10 - no min limit$1$1
Max withdrawalN/AN/AN/AN/AN/AN/AN/ANo limitN/AN/A
Withdrawal timeN/AN/AN/A1-5 days1-2 days1-5 daysN/A3-5 days3-5 days7-10 days

How to deposit at Colorado Betting Sites

If you follow our guide below you’ll find that depositing is a very simple task.

How to deposit at Colorado betting sites

  1. Log in to your sportsbook account – Input your username and password.
  2. Head to the ‘cashier’ section – Find the cashier section and press on it.
  3. Select deposit – You need to press on deposit, and you’ll be re-directed to different payment methods.
  4. Select your deposit payment method – Choose which deposit payment method you will be using to place your deposit and enter an amount.
  5. Complete your deposit – Complete your deposit by inputting any details the sportsbook might need to process your transaction.

Mobile Sports Betting in Colorado

To use your smartphone to place bets in the state of Colorado you need to follow certain guidelines and rules, which you can find below.

You need to be physically in Colorado

You may create a new account while you’re out of the state, but you will not be able to place any bets until you’re physically in the state of Colorado.

Your smartphone GPS needs to be turned on

You will have to leave your GPS on at all times while using a sportsbook app on your phone. The sportsbooks need to confirm that you really are in the state of Colorado.

Download geo-locator software

Most sportsbook apps will have a geo-locator installed inside of the app itself. However, you may use sportsbooks that will require you to download an extra software on your phone. The geo-locator software will be different according to the sportsbook.

Best Sports Betting Apps in Colorado

Aside from the desktop sportsbooks in Colorado, there are a variety of mobile betting apps that allow you to place bets on your smartphone or tablet.

DraftKings offers a vast variety of sports and major events to bet on. You can use the early cash out option and other different betting features which are available on the app. If you’re looking for a user-friendly betting app then DraftKings is the right app for you. DraftKings Sportsbook review
BetMGM sportsbook app allows you to wager on live matches as well as upcoming games on your smartphone with real-time odds. This sportsbook has to offer many different betting markets that are not usually offered. BetMGM review
Caesars sports have a fantastic app that you can use to place bets on, both live matches and future matches. When using the app you are still entitled to Caesars rewards, so you place bets without any worry on not receiving any rewards. Caesars Sportsbook logo

Sports Betting in Colorado

In the state of Colorado, it is legal to place a bet on NCAA matches. However, you must be 21 years old and be physically within the state.

Below is an overview of some important information about Colorado and sports betting in the state.

Sports betting in Colorado
CO betting info
Official betting regulatorThe Colorado Limited Gaming Control Commission and the Colorado Division of Gaming
Year founded1994
Year online betting legalized2019
Other forms of legal gamblingCasinos
No. of license holders18
No. of online operators18
No. of licensed personnelN/A
NCAA availabilityYes

Colorado Gambling Laws

All the sportsbooks in Colorado are regulated by the Colorado Limited Gaming Control Commission and the Colorado Division of Gaming. It would be in your best interest, to only place bets on legal sportsbooks in the state of Colorado.

To wager at a Colorado sportsbook you need to be older than 21 years and be physically located in the state. When placing a wager, the sportsbook will require you to utilize a geo-locator to ensure that you are genuinely within state lines.

Who regulates Sports Betting in Colorado

Legalized sports betting in Colorado is regulated by the Colorado Limited Gaming Control Commission and the Colorado Division of Gaming. Therefore, any day-to-day operations regarding sports betting are regulated by them.

Pros and Cons of Online Betting in Colorado

For a better understanding of what Colorado offers in regards to sports betting, take a look at our pros and cons.

There are more pros than cons since in Colorado you have a huge variety of legal online sportsbooks from which to choose from. Apart from that, these sportsbooks have fantastic welcome bonuses available for free bets or a risk-free bet.

Pros
  • Large number of legal sportsbooks
  • Fantastic welcome bonuses available
  • NCAA is available to bet on
Cons
  • Greyhound racing is illegal

History of Sports Betting in Colorado

Despite the fact that sports betting has only been legalized in Colorado since 2019, the state has a long history of gambling and casinos.

casinos legalized
1991

Casinos become legal

Casinos become legal in the state of Colorado, sports betting is still illegal.

multi state jackpot legalized
2000

Multi-state jackpot drawings legalized

The Colorado Multi-state lotteries referendum passes. The state lottery could now start selling tickets to multi-state jackpot drawings.

greyhound racing illegal
2014

Greyhound racing becomes illegal

Under Colorado law any greyhound races become illegal and are now banned.

sports betting legal
2019

Sports betting is legalized

In Colorado, sports betting becomes legalized, and any casinos in the state can apply for a license.

new sportsbooks
2021

New sportsbooks join the state

Since sports betting became legal, more online sportsbooks have joined the state.

List of all Colorado Betting Sites

For a sportsbook to get licensed they first need to partner up with a legal casino in the state and then apply for a license with the Colorado Limited Gaming Control Commission and the Colorado Division of Gaming. The following table is a list of these partnerships between the sportsbooks, and an updated list of the licensed sportsbooks in Colorado.

SportsbookLicense PartnerDate Launched
DraftKings SportsbookBally’s Black Hawk2020
BetMGM SportsMidnight Rose Casino2020
Caesars SportsbookIsle Black Hawk2021
PointsBetDouble Eagle Casino2020
Elite SportsbookRed Dolly Casino2020
FanDuel SportsbookBally’s Black Hawk2020
FOX BetLady Luck Casino2020
BetMonarchMonarch Casino2020
BetRivers SportsbookJP McGill’s Casino2020
BetWildwoodWildwood Casino2020
Circa SportsCentury Casinos2020
SBK SportsBronco Billy’s Christmas Casino2020
SI SportsbookColorado Grande Casino2021
Betfred SportsSaratoga Casino2020
theScore BetThe Gilpin Casino2020
TwinSpires SportsBronco Billy’s Casino2021
Westgate SuperbookThe Lodge Casino2020
WynnBetBronco Billy’s Casino2021

FAQs

There is a vast variety of sportsbooks to choose from that are safe and legal in the state of Colorado. We reviewed some of the top three sportsbooks in the state chosen from the several available sportsbooks.

Yes, online sports betting became legal in Colorado in 2019, and numerous sportsbooks have already joined the state. Any sports betting in Colorado is regulated by the Colorado limited gaming control commission and the Colorado division of gaming.

Yes, after several checks have been made the sportsbooks in Colorado are given a license by the Colorado limited gaming control commission and the Colorado Division of Gaming.This commission protects patrons in Colorado, as sportsbooks can be held liable under the law.

You need to be 21 years old to place any bet in Colorado, and you need to be physically located in the state. Remember that Colorado sportsbooks will require you to use geo-location software to verify that you are in Colorado.

There are multiple payment methods that you can choose from in Colorado. Sportsbooks will not charge you a fee for using any of the payment methods. However, you should check with your bank as they might charge you a small percentage for using their services at sportsbooks.

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