Colorado Sports Betting Sites

Colorado sports betting is now live, with both major and local sportsbooks operating in the state.

We selected only the best eight sportsbooks in the state and looked at their welcome bonuses, odds, betting markets and betting features. We also look into the benefits and drawbacks of joining the Colorado sports betting scene.

Best Colorado Online Betting Sites in December 2022

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

Up to $1250 free bet

Cashback

Caesars Sportsbook
  • Market leading betting apps
  • Massive selection of future bets
  • No live streaming
Mastercard
PayNearMe
PayPal
Play+
VISA
Discover
Use bonus code: CZR15
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
  • Wide range of betting markets
  • Great odds on major sports
  • Poor betting blog
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

Up to 1000$ free bet

Free bet

BetMGM
  • Highly competitive odds
  • Excellent betting promotions
  • Slow betting app
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
  • Strong odds especially on NHL
  • Live streaming available
  • Average betting promotions
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
  • Innovative Points Betting feature
  • Attractive promotions on major sports
  • Poor betting blog
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 $500 free bet

Free bet

Unibet
  • Reliable and trustworthy brand
  • Huge range of betting options
  • Slow customer service
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 $100 get $100 in free bets

Cashback

WynnBET
  • Competitive odds on major sports
  • Good parlays and live betting promos
  • Not that many sports available
PayPal
Mastercard
Play+
VISA
VIP Preferred
Use bonus code: XUSBETTOP; Register to claim offer
Qualifying bet: Bet $100 or more at minimum odds of -120
Wagering requirement: 1x bonus
Restricted
It seems you are in Virginia, US, where US online sportsbooks are not legal. You can change your location or browse the recommended fantasy sports betting sites below.

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.

PointsBet offers a risk-free betting bonus, which means the bet you’ve placed needs to be a loss for you to win. It is one of the largest welcome bonuses available in Colorado as you can win more than $1000 in free bets.

Our recommendation for the best betting app in Colorado is definitely the FanDuel Sportsbook app. Apart from their constant competitive odds FanDuel have so many betting features available on their app. Our favorite FanDuel features on the app are definitely their bet builder, same game parlay, and early cashout.

Best Colorado sportsbooks by category
Best overall

BetMGM

Betting bonus

Pointsbet

Odds

Caesars Sports

Fastest payout

PointsBet

Betting app

FanDuel Sportsbook

Top 3 Colorado Sports Betting Sites

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

To create an account on any of the following sports betting sites you don’t need to be physically in CO. However, you must be physically in CO when you’re placing a bet.

BetMGM Sportsbook #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 sportsbook are focused on major league games like NBA and NHL. You’ll find all the betting features that they have on their browser on their app as well, such as their edit my bet feature.

Visit BetMGM Sportsbook BetMGM Sportsbook review

Caesars Sportsbook #2

Caesars Sportsbook is one of the top sportsbooks for multiple reasons. For starters, they have one of the best betting apps in CO. Secondly, the welcome bonus at Caesars is great as the terms and conditions are simple and there aren’t any specific sports requirements. Additionally, you aren’t required to bet on any certain odds, giving you complete freedom over how to use the welcome bonus.

Visit Caesars Sportsbook Caesars 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 also offers Fanduel Fantasy Sports where you can place bets for daily fantasy sports, you’ll also find esports betting markets in their sportsbook section.

Visit Fanduel Sportsbook FanDuel Sportsbook review

How We Rate the Best Colorado Sportsbooks

Colorado is home to a number of sportsbooks, which is why it’s vital that we only recommend the best betting sites to you. It was difficult selecting only the best sportsbooks in CO as there were a lot of betting sites for us to go through.

  • safety licenses
    Safety and licenses

    The Colorado state regulators, CLGCC, and CDG approved 23 online sports betting sites. This means patrons in CO have a huge variety of sportsbooks to choose from for online betting.

  • bonuses
    Bonuses

    You have a great selection of welcome bonuses to redeem, most of which are free bets bonuses.  Welcome bonuses in CO range from $100 all the way up to $2000. However, the most common free bet welcome bonuses are between $1000- $1500. There are a few bonuses that aren’t free bets, but instead are match up deposit bonuses. The downside of this kind of bonus is that it typically has a much lower value than free bet bonuses.

  • odds quality
    Quality of odds

    Colorado has 23 sportsbooks, so it’s not surprising to find decent odds for major sports and niche sports. Sportsbooks in CO must compete with one another, which is why you can find competitive odds in the market.

  • mobile apps
    Mobile apps

    Most top CO sportsbooks also offer betting apps for both iOS and Android platforms with all the perks of their desktop site, such as early cashout betting feature. Some betting apps in CO have a live streaming option, like BetMGM Sportsbook app.

  • payment methods
    Payment methods

    There are over 10 payment methods from which you can choose to deposit and withdraw from your CO sportsbook account. We suggest you use PayPal for quick deposits as well as for your withdrawals. PayPal is a very convenient payment option for betting since you simply need to enter your PayPal email address and password to complete a transaction.

How to Sign Up at a Colorado Online Sportsbook

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. The process of signing up from your desktop or mobile is the same, simply follow our steps below to see how to sign up at an online sportsbook in CO.

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.

To create a new CO sportsbook account you need the following details:

  • Email address
  • Full name
  • Last four digits of your social security number
  • Date of birth
  • Address including city, state and zip code
  • Phone number

Sportsbooks need this information as they need to confirm your identity and age. They can only accept patrons which are older than 21 years of age. Giving your personal details on licensed sportsbooks in CO is safe as they are legally bound to keep that data safe and protected.

Colorado Betting Bonuses

The state of Colorado has a lot of legal and trustworthy sportsbooks that patrons can join. Our expert opinion would be to go with the following sportsbooks if you’re looking for a specific betting bonus.

For example, in our opinion, BetMGM Sportsbook has the best free bet bonus in Colorado as it doesn’t require you to follow too many terms and conditions. Plus it is one of the largest welcome bonuses available in CO.

BetRivers offers its patrons constant weekly promotions, such as a $10 free bet on baseball matches. At the time of writing, they also had this promotion for betting on NCAAF and NFL matches. You can also make use of BetRivers boosted odds which can help you increase your profit by a lot.

Colorado Sportsbooks with the best bonuses
Free bets

BetMGM Sportsbook

Sign-up bonus

PointsBet

Enhanced odds

Caesars Sportsbook

Betting promotions

BetRivers

Colorado Payment Methods and Banking

There are many different betting payment options for patrons to use on CO sports betting sites. The following table includes the payment methods available in Colorado. Not all of these payment options will be available at the same sportsbook.

You can deposit online and start placing bets straight away in Colorado. The payout time on the other hand in CO is quite long when compared to other states as most withdrawal options take over 3 days for the funds to arrive in your account. We highly suggest that you use Play+ for withdrawals as it’s got the shortest payout time in Colorado.

  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

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.

How to Deposit at Colorado Betting Sites

If you follow our guide below you can find that depositing is a very simple task, and it’s pretty much the same process for every sportsbook. You don’t need to register in person in Colorado which means you can sign up straight away and start placing bets after your first deposit.

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.

Sports Betting Apps in Colorado

Mobile sports betting in Colorado is safe and legal, as long as you’re using only licensed mobile sportsbooks. The betting apps are available for both Android and iOS users, most can be downloaded directly from App store or google play store.

You should visit the sportsbook’s official site if you cannot find the betting app in any of these stores, as you might need to download the app directly from the sports betting site itself. Make sure your GPS is turned on when you’re placing a bet since the sportsbook needs to confirm your location.

betmgm app screenshot
App Store rating: 4.8 Play Store rating: 4.4 Top features: Fantastic welcome bonus, live streaming, fast app, multi bui View more
  • App Store rating: 4.8
  • Play Store rating: 4.4
  • Top features: Fantastic welcome bonus, live streaming, fast app, multi builder, live betting. 
  • Learn more – BetMGM Sportsbook review
fanduel sportsbook app screenshot
App Store rating: 4.8 Play Store rating: 4.7 Top features:  Good app, live betting, great betting markets, same game p View more
  • App Store rating: 4.8
  • Play Store rating: 4.7
  • Top features:  Good app, live betting, great betting markets, same game parlays, great odds.
  • Learn more – Fanduel Sportsbook review

Geo-location on Mobile Betting Apps

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.

You must always have your GPS turned on when using betting apps since the sportsbook needs to confirm that you are located inside of Colorado where they are licensed. To use betting apps in Colorado must follow the below guidelines and rules.

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.

Sports Betting in Colorado

In the state of Colorado, it is legal to place a bet on NCAA matches as well as esports. For any kind of betting in Colorado, 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 like the date when online sports betting was legalized.

Sports betting in Colorado
CO betting info
Official betting regulatorThe Colorado Limited Gaming Control Commission and the Colorado Division of Gaming
Online betting legalized2019
Mobile bettingYes
Other forms of gamblingCasinos, daily fantasy sports
Betting licenses20
Online sportsbooks23
NCAA bettingYes
Responsible gamblingThe Problem Gambling Coalition of Colorado

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.

Betting on NCAA matches is allowed in Colorado, and so is placing bets on CO college teams. In Colorado prop bets are not allowed for NCAA matches, but we’re sure you can find other betting markets that interest you.

Daily Fantasy Sports has been legalized in CO in 2016, and you can find multiple sportsbooks that offer bets for it. You can bet on COD, League of Legends, eNascar, since esports is legal in Colorado.

Betting Sites 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.

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.

1991
casinos legalized

Casinos become legal

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

2000
multi state jackpot legalized

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.

2014
greyhound racing illegal

Greyhound racing becomes illegal

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

2019
sports betting legal

Sports betting is legalized

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

new sportsbooks

New sportsbooks join the state

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

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 as in Colorado you have a huge variety of legal online sportsbooks from which to choose. They are only matched by states such as New Jersey and Indiana. Apart from that, these sportsbooks have fantastic welcome bonuses available for free bets or a risk-free bet.

Remember that when there’s a larger range of sports betting sites you have many more odds from which to choose.

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

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
Bally BetBally's Black Hawk East Casino2021
Barstool SportsAmeristar Casino Black Hawk2021
Betfred SportsSaratoga Casino2020
BetMGM SportsMidnight Rose Casino2020
BetRivers SportsbookJP McGill’s Casino2020
Caesars SportsbookIsle Black Hawk2021
DraftKings SportsbookBally’s Black Hawk2020
Elite SportsbookRed Dolly Casino2020
FanDuel SportsbookBally’s Black Hawk2020
PointsBetDouble Eagle Casino2020
MaximBet
Johnny Nolon's Casino2022
TipicoCentury Casino Tollgate2021
FOX BetLady Luck Casino2020
WynnBetBronco Billy’s Casino2021
BetMonarchMonarch Casino2020
BetwayFamous Bonanza Casino Corp.2021
Betsafe
Dostal Alley2022
Circa SportsCentury Casinos2020
MaverickGrand Z Casino2020
PlayUpBull Durham Saloon and Casino2020
SI SportsbookColorado Grande Casino2021
SmarketsSir William's Casino2020
SuperbookThe Lodge Casino at Black Hawk2021

Conclusion

Sports betting in Colorado has been thriving since the day it was legalized, with new sportsbooks still joining the state.

Patrons have so many welcome bonuses that they can claim from different sportsbooks in the state. After redeeming the best bonuses in CO you can use the weekly promotions at sportsbooks or even the odds boosts offered by some betting sites.

Being able to sign up with so many sportsbooks is one of the biggest benefits of joining the CO sports betting scene. It just takes a few minutes to register at a new sportsbook in Colorado as the whole process is done online.

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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