Colorado Betting Sites

colorado betting sites

Colorado legalized sports betting in November 2019. The citizens of the Centennial State approved legal sports betting through a referendum and online sports betting was launched in Colorado on May 1, 2020. Legal sports betting in Colorado had a great start, with a robust online and retail market exploding across the state. Already, many Colorado betting sites are live and several others have received approval to operate in the state.  

This page covers everything you need to know about Colorado sports betting apps.

Best Online Sportsbooks in Colorado

FanDuel

5/5

$1000 Risk-Free Bets

TwinSpires

5/5

$1000 Risk-Free Bets

BetMGM

5/5

$1000 Risk-Free Bets

BetRivers

5/5

$250 Welcome Bonus

Caesars

5/5

$5000 Risk-Free Bet

PointsBet

5/5

$2000 Risk-Free Bets

DraftKings

5/5

$1000 risk-free bet and welcome bonus

CO Online Betting Sites

The first online sports betting apps in Colorado debuted in May 2020.  Top online US sportsbook operators such as FanDuelPointsBet, and DraftKings received a license to operate online sports betting and are already live in the Centennial State. 

Many mobile sportsbooks are live today with more planned to launch over the coming months. Some sportsbooks are run by large gambling companies operating in multiple states, while others are tied more to a local casino and exist only in Colorado.

FanDuel Sportsbook

The FanDuel brand is a prominent player in the DFS industry. It also operates sports betting in several states and one of the best in the industry. FanDuel is available in Colorado state under the partnership of Twin River Worldwide Holdings, Inc. and Golden Gates Casino Black Hawk

Colorado is the fifth state in the United States where the industry-leading FanDuel Sportsbook online and mobile platform is available. 

FanDuel Sportsbook offers new players up to a $1000 bonus. All you need to do is sign up, make a deposit, and place a wager.

TwinSpires Sportsbook

In September of 2020, Churchill Downs Incorporation opened its first retail sportsbook location in Colorado at Bronco Billy’s Casino in Cripple Creek under the BetAmerica brand. Later, the all sports betting operations were merged into the TwinSpires brand. The Colorado Division of Gaming oversees the sports wagering at TwinSpires in Colorado.

As of April 2021, TwinSpires players present within the state borders of Colorado were able to place wagers on online sporting events. The sportsbook offers a welcome bonus of $1000 risk-free bet for new bettors. Use the promo code BET1000 while creating a new account.

BetMGM Sportsbook

The Colorado Limited Gaming Control Commission has approved the BetMGM sports betting license in February 2020. It made a deal with Midnight Rose Hotel and Casino to launch online sports betting in Colorado.

The BetMGM has launched in several states across the US. Currently, its mobile sports betting app is available in New Jersey, Nevada, West Virginia, Indiana, Colorado, and other states.

For new players, it offers up to $1000 risk-free bets. Meaning, if you lose your first bet, BetMGM refund the full amount of your wager up to $1000. To qualify, you’ll need to make a deposit of at least $25 within seven days of opening your account. 

BetRivers Sportsbook

Rush Street Interactive (RSI) made history in Colorado by launching its award-winning online sportsbook – BetRivers. In fact, the BetRivers sportsbook is a product of JP McGill’s Hotel & Casino, in Cripple Creek, Colorado. BetRivers is also available in Indiana and Pennsylvania. 

BetRivers has an Android app, which you can download after signing up for your account. You can simply place your bets on BetRivers’ mobile/desktop website or Android app. As of April 2020, BetRivers did not have an iPhone app.

The sportsbook offers a deposit match of up to $250 for new players. You’ll receive the deposit match immediately after depositing, and it requires only a 1x rollover.

FoxBet Sportsbook

The FOX Bet brand enters the Colorado sports betting market as the result of an agreement between FOX Sports and The Stars Group (TSG). This is the third state FOXBet is operating after New Jersey and Pennsylvania. 

Fox Bet Colorado is offering a sign-up bonus of up to $500 risk-free. There is a $500 deposit match, but the offer is in line with the Colorado sports betting industry early on. Fox Bet Colorado will refund everyone’s first risk-free bet up to $500, and there are no loopholes to the offer.

Caesars Sportsbook

Initially, William Hill sportsbook has entered into partnership agreements with the Isle of Capri Lady Luck Casino in Black Hawk. William Hill app went live in Colorado, just in time for the NFL season. In April 2021, William Hill is rebranded as Caesars sportsbook.

The Caesars mobile app is available for iOS and Android devices. CO players can wager on a variety of professional sports. Those include NFL Denver Broncos, NBA Denver Nuggets, NHL Colorado Avalanche, MLB Colorado Rockies, and MLS Colorado Rapids.

New players in Colorado can enjoy Caesars’ risk-free bet of up to $5000 by using the promo code SALOONRF during the registration.

PointsBet Sportsbook

PointsBet sportsbook received temporary internet sports betting operator license in early 2020 to join other Colorado sportsbooks. The sportsbook officially went live in November 2020. PointsBet is working proudly alongside the Double Eagle Casino in Cripple Creek. This is because every Colorado online sports betting site requires to have a land-based partner inside the state. 

PointsBet is ready to open a second headquarters in the Centennial State to expand into the western part of the U.S. They made partnerships with many sports teams including Denver Nuggets, Colorado Avalanche, Colorado Mammoth, and The Ball Arena. It also has a deal with Kroenke Sports & Entertainment.

New PointsBet players in Colorado can take advantage of the $2000 worth risk-free bets along with other regular promotions.

DraftKings Sportsbook

The DraftKings sportsbook was the first to launch in Colorado on May 1. It has a temporary internet betting license and serves as the retail and mobile partner of Golden Mardi Gras Casino.

DraftKings Sportsbook, one of the best US sports betting providers which also offers daily fantasy and casino games, is available to all players in Colorado. 

DraftKings is offering up to $1,000 in signup bonuses. The first is a $500 risk-free bet, meaning new players can make their first wager risk-free, up to $500. After that, DraftKings sportsbook match deposits up to $500. However, only 20% of the deposit amount is matched, and the bonus is paid out over time.

BetMonarch Sportsbook

BetMonarch CO online sportsbook was launched on May 11 under the partnership of Monarch Casino Resort & Spa in Black Hawk. It is the fifth sports betting app in the state. the BetMonarch sportsbook app bills itself as the fastest and easiest app to use in the Colorado sports betting market.

Players can download the app right from the BetMonarch website. In fact, you can wager as little as $1 to place a sports bet using the BetMonarch sportsbook app.

You can also take advantage of the Monarch Rewards loyalty program. Gain points any time you use one of Monarch’s facilities. You’ll earn comps and tier points with every wager.

SBK Sportsbook

The SBK sportsbook app went live in Colorado on 5 June 2020 under the partnership of Full House Resorts Casino. The Smarkets betting exchange powers the sportsbook. The reason for the soft launch is to get feedback from users before making a larger push very soon.

Certainly, it provides customers with market-leading odds from the Smarkets exchange. In addition, it has a great interface that includes a social media network for the community of users. 

CO Land-Based Sportsbooks

In addition to online sports betting, Colorado has a big list of retail sportsbooks that are present at Colorado casinos. In-person betting is available at numerous Colorado casinos in Black Hawk, Central City, Cripple Creek, and beyond. Below is a list of the commercial and tribal casinos in the state that has live sports betting:

  • Ameristar Casino Black Hawk
  • Gilpin Casino
  • Isle Casino and Hotel
  • Lady Luck Casino 
  • Lodge Casino
  • Golden Gates/Golden Gulch/Golden Mardi Gras Casino
  • Monarch Casino
  • Red Dolly Casino
  • Saratoga Casino
  • Sasquatch Casino
  • The Wild Card Saloon & Casino
  • Z Casino – Black Hawk
  • Billy’s Casino
  • Brass Ass/J.P. McGill’s/Midnight Rose Casinos
  • Bronco Billy s Casino
  • Colorado Grande Hotel & Casino
  • Double Eagle Hostel and Casino
  • Johnny Nolon’s Casino
  • Wildwood Casino
  • Century Casino
  • Grand Z Casino
  • Johnny Z Casino

Top CO Betting Apps

We recommend the following betting sites for their excellent odds and bonuses, live betting features, a wide range of betting options, and overall convenience and user experience.

Each of the above betting sites also offers excellent mobile platforms via dedicated apps for Colorado sports fans. These well-developed CO sports betting apps are also easily accessible from anywhere within the state. 

These apps are next in line to launch in Colorado:

  • BetAmerica
  • Bet365
  • Barstool Sportsbook
  • Elite Sportsbook
  • SuperBook USA
  • Wynn Resorts

How To Place A Sports Bet In Colorado

Placing a sports bet in Colorado is an easy process where everything is done online. Meaning, you need not visit a real sportsbook at a casino. All you need to do is follow these steps to start placing bets in the comfort of your home:

Choose a CO Sportsbook

The first step is to choose a CO betting site. It is difficult to choose one app from the market full of top sportsbook operators. Make no mistake, there isn’t any limit to use a single book, but it’s smart to explore what each of them has to offer before you dive in. We recommend choosing the best app based on factors like sport selection, quality of the app, or bonus offers. At the top, you’ll find the list of best CO betting sites with their top features.

Sign-up and Deposit

Once you select a CO sports betting site, you must sign up for a new account. You will need to create a username & password, and enter some personal information like your name, email, phone number, address, date of birth, and the last 4 digits of SSN. Next, you typically have to check some boxes indicating you agree to certain terms and verifying that you are of legal gambling age. After that, click to register the account and you’re well on your way. Be sure to check your email in case further identity verification is needed. 

Colorado sportsbook offers online bonuses and promotions especially to new customers, an example of these promotions includes a deposit bonus or a free bet. Make use of the no deposit free bet promotion if any. Once the registration process is complete, you’d need to deposit money into your sportsbook account.

CO sports betting apps offer a wide variety of methods to do this, so choose the one you’re most comfortable with. If a sportsbook has a deposit bonus offer, you’d need to activate it during this phase of account creation. So, make sure to check the promotions section of the website before you finalize your first deposit. You might even need to enter promo codes to claim the sportsbook bonuses.

Verify Your Location

You need to verify your location before placing your real money wager. Sportsbook apps verify your location to be sure if you are physically present within the borders of the State of Colorado while placing bets. They use geolocation software to verify. One must remember, you need not be present in Colorado to create an online sportsbook account or deposit money.

If you are wagering on a laptop or mobile phone, you must turn on Location Service. Whereas, players who wager on a desktop must download an app that will automatically pop up while using the sportsbook.

Place Your Bet

Now comes the fun part. You’ve chosen a Colorado online sportsbook, deposited money, and are ready to dive in. The last and final step is to choose a sport and place a bet. You must first head to the page of sport you wish to bet on. Then, find the market you wish to bet on by selecting from the lists of competitions and bet types. Add your chosen bet to the bet slip. Enter the stake amount and place your bet.

Payment Methods Accepted By C.O. Betting Sites

Once you’ve decided to place a wager on a sportsbook, depositing funds into your account shouldn’t be a hassle. CO sports betting sites accept quite a lot of payment methods. Credit and debit cards tend to be the No. 1 choice among many sports bettors.

The most common options that you might find for making a deposit into a CO sportsbook account include:

  • Visa
  • MasterCard
  • Play+ prepaid card
  • ACH/e-check
  • Wire Transfers
  • PayPal
  • Skrill
  • PayNearMe
  • Cash at Casino Cage

Colorado Sports Betting Laws & Restrictions

The Colorado sports betting bill HB19-1327 created three types of sports betting licenses. Those include Master License, Sports Betting Operator License, and Internet Sports Betting License.

According to the law, there will be a tax of 10% on casino winnings. Whereas, the state water plan uses the majority of the revenue.

The casinos in Central City, Black Hawk, and Cripple Creek are the only entities eligible to hold a Master License to conduct sports betting operations.  A master license allows each casino to launch an in-person sportsbook as well as one mobile betting app accessible to customers across the state.

Casinos in the state may also partner with third-party operators to manage their online sportsbook apps.

Colorado law permits betting on college sports, professional sports, and amateur events. Bets on high school sports are prohibited. Also, there is a restriction of proposition bets on college games.

CO Sportsbooks: What You Can Bet On

As there are a variety of legal online sports betting sites and apps, Coloradans can bet on almost all sports available in the market. The competitive market is creating explosive growth and a wealth of choices for bettors in the state. CO bettors can place bets on Football, Baseball, Basketball, Hockey, Soccer, Golf, Tennis, Auto Racing, Boxing, and Mixed Martial Arts.

The four major professional sports along with college football account for the bulk of bets at legal Colorado sports betting apps.

NFL

The three-time Super Bowl champion Denver Broncos, the NFL is as popular in Colorado as any other state. Across Colorado legal online sports betting sites, more money is wagered on the NFL than any other sport.

NBA

NBA continues to gain traction steadily in Colorado. While March Madness rules basketball betting in terms of events, wagering on professional basketball (especially live betting) is growing.

NHL

Perhaps no state in the country presents a better opportunity for NHL betting than Colorado. Hockey is big business in the Centennial State at both the professional and collegiate levels.

MLB

From money lines to run lines, totals, futures, parlays, and props, Colorado sports betting apps provide a variety of MLB betting markets. From spring training to the World Series, retail and online sportsbooks in Colorado cover all the bases for betting on baseball.

State of the Union

Although every state has different gambling laws, U.S. betting sites are picking up the pace and Nevada was the pioneer of regulated US online gambling but only offers the chance to play poker. Now bettors can safely access sports betting apps and websites from regulated, U.S. based bookmakers in the following states:

NJ Betting Sites: New Jersey is currently the largest market for regulated online gambling in the US.

PA Betting Sites: Pennsylvania is the biggest state to legalize and regulate online gambling.

WV Betting Sites: West Virginia is one of the first states to unroll sports betting in the wake of the US Supreme Court decision.

IA Betting Sites: Iowa legalized wagering as of May 2019 and went live in August 2019. Many important US legal sports betting apps are already up and running.

IN Betting Sites: Indiana betting apps are active since October 2019 after Gov. Mike Pence signed Bill S 335 into law.

CO Betting Sites: Colorado online sports betting is legal and available as of May 1, 2020. Residents may participate in online sports betting, horse racing betting, greyhound betting, DFS, and skill games.

TN Betting Sites: Tennessee sports betting was legalized in 2019 after the Tennessee legislature approved a sports betting bill. Online sports betting went live on November 1, 2020.

How Colorado Sports Betting Compares

As we have talked about Colorado betting law, offerings, banking options, and also about the best apps in the market, let us look at how Colorado sports betting compares with the rest of the US betting market.

Mobile Betting Options

The CO sports betting apps offer customers the ability to make a wager with the touch of their finger. Your options for placing bets and playing your favorite gambling games on mobile devices are just about as wide open as the ones you have at home.

Many of the best Colorado sports betting operators design their entire platform with a mobile-first mentality, which means the user experience is often superior to that found on your desktop. You can place bets on anything that your sportsbook offers including football, soccer, baseball, basketball, and just about everything else you can imagine.

Deposit

Colorado law allows customers to sign up for accounts and make deposits online even from outside state lines. As players deposit money into the sportsbook via PC or mobile, a large variety of banking options are available. However, customers must be physically present within Colorado in order to place real money bets.

Sports bettors can sign up for a variety of online sportsbooks with ease. Colorado allows players from out of state (Wyoming, Nebraska, Kansas, Oklahoma, New Mexico, and Utah) to drive across the border and place bets.

Fair Pricing

Colorado sports betting operators offer fair pricing as they did in the other states. With most of the bets placed on popular leagues like NBA and NFL, CO betting sites offer the best odds along with promotions for new and existing players. More sports betting apps set to launch in the coming months. Therefore, we could anticipate a competition among the sportsbook sites to offer the best odds in the market.

Market Offerings

Unfortunately, legal betting sites in Colorado can’t offer everything an offshore sportsbook can. However, among legal states, there’s no one better than Colorado. Colorado has a low licensing fee and tax rate to entry for sportsbooks. We’ll certainly see many sports betting sites including the small ones to enter the sports betting market.

All legal CO sports betting apps allow you to bet on all major sports and leagues. In fact, you can bet on e-sports, college teams in the state, and much more. 

Pros: Colorado's Successes

The reasons for the success of the Colorado sports betting market are many. It begins with safety and security. Colorado Division of Gaming regulates all legal sportsbooks in the state. It also monitors each online sports betting site to ensure legality, safety, security, and fairness, from odds to new customer bonus.  A 10% tax rate creates an industry-friendly climate for CO sports betting. 

Staying local and legal with Colorado sportsbooks also adds convenience. You can place a bet from anywhere in the state, even if you are not a resident because of Geolocation technology. Colorado followed the New Jersey model with a low barrier to entry for online operators, which creates a sustainable environment for sportsbooks and bettors.

Cons: What Can Be Done Better?

As the Colorado sports betting market is just beginning to expand, there are certain things to improve in terms of market availability. In the Colorado gambling market, there is a lack of online casinos and poker sites. Casinos in Colorado are only legal if located in Black Hawk, Central City, or Cripple Creek. Also, there is no news on legalizing online casinos and poker sites in the state. But we’re optimistic they’ll refine to even better policy in years to come. 

Both esports and high school sports betting are banned under current law and regulation.

In Colorado, there is an inability to place bets on player props with college sports including March Madness. Some betting sites ask for Social Security Number submission and potential paper trail and tax on winnings under certain circumstances.

Colorado Online Sports Betting FAQ

Is sports betting legal in Colorado?

Yes, sports betting is legal in Colorado. With a vote of the people in November 2019, Proposition DD was passed allowing for legalizing sports betting in Colorado. Meaning, retail and online sports betting is allowed in the state as of May 1, 2020. 

Who regulates Colorado sports betting?

The Colorado Limited Gaming Control Commission and the Colorado Division of Gaming regulate sports betting in Colorado. They govern the day-to-day activities of sports wagering in the state.

Can you bet on online sports in Colorado?

As per state regulators, the Colorado betting sites went live as of May 1, 2020. Therefore, players can place sports bets on any of the available legal online sportsbooks in the state.

In fact, you can place a wager via a PC/laptop/mobile/tablet browser or through a mobile app.  

Who can bet on sports in Colorado?

People who are within the state of Colorado and are of age 21 years or more can bet on sports in Colorado.

However, there is a betting restriction for people with close affiliations to sports such as teams, players, coaches, trainers, and team officials. This is to make sure that no one has the ability to influence the outcome of a game.

Can I bet on major sports leagues in Colorado?

Of course, you can bet on all major professional and college sports leagues in Colorado. The major sports leagues include NFL, MLB, NBA, MLS, and NHL.

Certainly, you can wager on home teams of these leagues such as Denver Broncos – NFL, Colorado Rockies – MLB, Denver Nuggets – NBA, Colorado Avalanche – NHL, and Colorado Rapids – MLS.

Not to mention, you can wager on all sports and games that are popular in the US and around the world. 

Check our free soccer picks and tennis odds prediction. Our sports experts update these picks and predictions on a daily basis.

Is Daily Fantasy Sports available in Colorado?

Yes, Daily Fantasy Sports is available in Colorado. Players can access top operators like DraftKings and FanDuel sportsbook. There are also other major daily fantasy sports betting sites that accept players in Denver, including sites like Yahoo! and many more.