Your Ultimate Guide to Conquering Colorado’s Betting Scene!
Welcome to Colorado-Betting.com, your comprehensive guide to online sports betting in Colorado. Our website is designed to provide you with everything you need to know about sports betting in Colorado, from how to get started to which sportsbooks are worth your time and money.
Sign up bonus $1,000 No Sweat First Bet New customers only; must be your first bet with FanDuel Sportsbook.
Sign up bonus On Caesars up to $1,250 If you lose the first real money bet you place, receive a Bet Credit of up to $1,250!
Sign up bonus $1,000 Deposit Bonus A customer’s first deposit (min. $5) qualifies the user to receive up to $1,000 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $1,000 (the user must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000).
Sign up bonus Bet $100 Get $100 To qualify for this promotion, a new WynnBET patron must: 1. Create a new, valid WynnBET account. 2. Opt into the promotion by clicking the “Deposit Now” button below. 3. Make a first deposit of $100 or more. 4. Place a minimum of one Qualifying Wager of $100 on any straight or parlay with odds of -120 or greater. The Qualifying Wager must be placed on one wager. For example, if a patron has opted into this promotion and places (for their first WynnBET wager) a $100 money line wager with +110 odds and the bet settles as a win, the bet will pay out $210 as normal ($100 wagered plus $110 in winnings) and the patron will receive $100 total in bet credits.
Sign up bonus First Bet Offer – Up To $1,000 Bonus Bets New customers start with a first bet offer of up to $1000. Simply sign up, make a deposit and place your first wager. If the bet loses, you’ll receive the amount of your wager back in bonus bets.
Sign up bonus $50*5 Second Chance Bets PointsBet Colorado LLC, a Delaware limited liability company registered to do business in the State of Colorado and licensed by the Colorado Division of Gaming to accept bets and wagers (together ‘bets’ or ‘wagers’) 24 hours per day.
Top Recommended Sportsbooks
We’ve done the research and testing to find the best sportsbooks for online betting in Colorado. Here are our top six recommended sportsbooks, based on factors such as user experience, available sports and betting options, customer support, and promotions:
DraftKings Sportsbook Colorado stands out as one of the premier sports betting platforms in the industry. We proudly endorse DraftKings as our top choice for a sportsbook app. Leveraging its immense experience in daily fantasy gaming, DraftKings has made a name for itself in states such as Pennsylvania, New Jersey, and Indiana with impressive success.
The platform is renowned for providing consistently excellent daily odds boosts, unique betting specials, and a sleek, user-friendly interface. DraftKings Sportsbook also offers robust promo codes that further enhance the overall betting experience.
When it comes to interface and live betting options, DraftKings is considered the gold standard. The platform’s innovative sportsbook pools and pick ’em contests provide an exciting and engaging way to play. Additionally, odds are priced fairly, with an average of -110 on the spread and total bets. DraftKings even offers the option to cash out of active bets, allowing users to book a win or limit potential losses.
For new users, DraftKings Sportsbook offers an unbeatable bonus of up to $1050 in bonus bets and deposit bonuses. So, whether you’re a seasoned sports bettor or a novice looking to try your hand, DraftKings Sportsbook Colorado is an excellent choice.
With Caesars Entertainment’s acquisition of William Hill, Caesars Sportsbook has made a strong entry into the Colorado market and has quickly become one of our top mobile sportsbook apps.
As a well-known and trusted name in the entertainment and betting industry, Caesars Sportsbook Colorado is an excellent choice for novice and experienced online sports gamblers alike. Their platform offers a wide range of betting options and a user-friendly interface that makes placing bets easy and enjoyable.
And here’s some great news for new users – you can start your sports betting journey with Caesars Sportsbook today and receive up to $1,250 in rewards, including a $1,000 reward and 1,000 tier credits. It’s an offer you can’t refuse!
If you’re looking for a top-notch sportsbook, look no further than FanDuel Sportsbook. It’s one of our favorites, and for a good reason.
FanDuel has established itself as a major player in the early stages of legal sports betting in the United States. In fact, it has taken more handles than any other operator so far. With an enticing offer for new players that includes a competitive bet $5 and get $150 offer, as well as creative promos and lucrative boosts, FanDuel Sportsbook offers a comprehensive betting experience that appeals more to casual bettors than pros (note that their lines can be juiced up quite a bit).
One of the standout features of FanDuel Colorado Sportsbook is its sleek app, which boasts one of the best-looking interfaces in the business. The app is incredibly user-friendly, making it easy to place your bets and keep track of your wagers.
In short, if you’re serious about sports betting, FanDuel Sportsbook is a must-have for your arsenal. Sign up now to take advantage of their fantastic new player offer and start your winning streak today! And don’t forget, this sportsbook is available right here in Colorado.
BetMGM sportsbook has made a seamless transition from a traditional casino brand to an online product, something that many others in the industry have struggled to do.
Last year, BetMGM launched a new, modern platform for its online sportsbook, which is now available to Colorado users. While not quite as feature-rich as its online-first counterparts, the BetMGM platform is surprisingly good, well laid out, and fully featured, providing an excellent betting experience.
And let’s talk about the 1000$ bet insurance, which is one of the best offers in the business. With this insurance, you can place your bets with confidence, knowing that BetMGM Colorado has got you covered in the event of a loss.
Overall, BetMGM is a solid choice for anyone looking for a trustworthy and intuitive sportsbook in Colorado. So, what are you waiting for? Sign up today and take advantage of their fantastic platform and generous bet insurance offer!
If you’re looking for a sportsbook in Colorado that offers a unique betting experience, FoxBet may be the perfect option for you. While it may not be as polished as some of its competitors, it more than makes up for it in brand power and innovative betting promos.
New users can take advantage of a generous $500 sign-up bonus, which is just the beginning of what FoxBet has to offer. The platform’s utilization of its sports network talent and creative wagering specials, particularly during football season, has made it a popular choice in states such as New Jersey and Pennsylvania.
One of the standout features of FoxBet in Colorado is its focus on simplicity and fun odds boosts, making it an excellent choice for casual players. And while it may not have all the bells and whistles of some of its competitors, FoxBet’s unique approach to sports betting is certainly worth checking out.
PointsBet has finally arrived in the state and it’s making a big splash. With a massive physical presence and an aggressive ad campaign, PointsBet is quickly becoming a household name among sports bettors.
This sportsbook offers some of the most aggressive odds boosts and specials in the industry, including bet insurance, and reduced and no juice bets. And for new users, PointsBet offers an impressive up to $2,000 in two second-chance bets with the best promo code available.
But what really sets PointsBet Colorado Sportsbook apart from the competition is its unique PointsBetting feature. This allows bettors to win or lose additional money beyond that of a typical wager, based on the extent to which the bet wins or loses. It’s a thrilling and innovative way to bet on sports, and PointsBet is one of the few sportsbooks that offer it.
Latest Colorado’s Betting News
How to Start Betting in Colorado
Getting started with online sports betting in Colorado is easy and straightforward. Follow these simple steps to start betting:
- Choose a licensed and regulated sportsbook that meets your needs. We recommend checking out our top recommended Colorado sportsbooks section to find a trustworthy and reputable sportsbook.
- Register for an account and provide the necessary personal information. Make sure to choose a secure username and password to protect your account.
- Make a deposit using a safe and secure payment method. Most sportsbooks accept a range of payment options, such as credit cards, debit cards, and e-wallets.
- Browse the available sports and events to find a bet that interests you. Take your time and choose a bet that you feel confident about.
- Place your bet and wait for the outcome. Remember to always bet within your means and set limits on your bets to avoid chasing losses.
Full Colorado Sports Betting Guide
From the basics of sports betting to more advanced strategies, we’ve got you covered. Here you can get all the guides to sports betting in Colorado in one place.
What Does the Betting Process Look Like?
Betting on sports online is a great way to get in on the action and potentially win some cash. Colorado has a jam-packed sports calendar with plenty of options to choose from, including local favorites and niche sports. Here’s a step-by-step guide on how to bet online in Colorado:
- Check Out the Sportsbook Lobby
The main sportsbook lobby is where you’ll find all the featured and upcoming games and events. Look for the full list of available sports on the left side of the screen or in a drop-down menu at the top. Once you’ve found the sport you’re interested in, click on it to see the available games.
- Pick Your Game or Event
Each game or event will have its own listing, showing the main bet types available, like moneyline, point spread, and totals. Click on the game or event to see all the bets available, including props and alternative lines.
- Make Your Choice
Once you’ve found the bet type you’re interested in, select the odds that correspond to your choice. The odds will show you how much you could potentially win based on your bet.
- Place Your Bet
After selecting your bet, add it to your ticket. You can add more bets if you want to build out a parlay. When you’re ready to place your bet, enter the amount you want to wager and confirm your bet.
- Double-Check Your Bet
Before submitting your bet, take a moment to verify that all the information is correct. Check the odds and the amount you’re wagering to avoid any mistakes.
When it comes to online sports betting in Colorado, there are many different types of bets available. Here’s a breakdown of some of the most popular types of sports bets:
Point spread bets are a common type of sports bet, where the sportsbook sets a margin of victory for one team. You can bet on the favorite to win by more than the margin, or the underdog to lose by less than the margin.
Moneyline bets are a straightforward type of sports bet, where you bet on which team will win the game outright. Odds are assigned to each team, with the favorite having lower odds and the underdog having higher odds.
Totals bets, also known as over/under bets, involve betting on the total number of points or goals scored in a game. The sportsbook sets a total, and you can bet on whether the total score will be over or under that number.
Futures bets are a type of sports bet where you bet on the outcome of an event that will take place in the future. Examples include betting on which team will win the Super Bowl or which player will win the league MVP award.
Prop bets involve betting on specific events or outcomes within a game. Examples include betting on which team will score first, which player will score the most points, or how many yards a quarterback will throw for.
Best Sports to Bet on
Colorado is a sports-loving state, and there are a variety of sports and events available to bet on. Here’s a breakdown of some of the most popular sports you can bet on:
Football – NFL
Football is a beloved sport in Colorado, with the NFL being a popular option for sports betting enthusiasts. You can bet on individual games, futures bets, and prop bets, such as who will win the Super Bowl or who will be the league MVP. Betting on NFL is an exciting way to engage with the sport and heighten the excitement of the season.
Basketball – NBA
Basketball is another popular sport for sports betting in Colorado, with the NBA drawing many fans and bettors. You can bet on individual games, futures bets, and prop bets, such as who will win the NBA Finals or who will be the league MVP. Basketball betting in Colorado is a thrilling way to enhance the excitement of the season and show support for your favorite teams and players.
Hockey – NHL
Hockey is also popular in Colorado, with the NHL attracting a large number of sports bettors. You can make NHL bets on individual games, futures bets, and prop bets, such as who will win the Stanley Cup or who will be the league MVP. Hockey betting is an excellent way to immerse yourself in the fast-paced action on the ice and add excitement to the season.
Baseball – MLB
Baseball is a summer staple in Colorado, and many sportsbooks offer a variety of betting options for MLB games. You can bet on individual games, futures bets, and prop bets, such as who will win the World Series or who will win the league MVP. Betting on Baseball is a fantastic way to enjoy America’s pastime and heighten the excitement of the season.
Soccer – MLS
Soccer is a global sport and attracts many sports bettors in Colorado. You can bet on top leagues from around the world, such as the English Premier League and La Liga. You can also bet on international tournaments, such as the World Cup and the Olympics. Soccer betting is a great way to add excitement to the season and cheer on your favorite teams and players.
Golf is a popular sport for betting in Colorado, with numerous tournaments and events held throughout the year. Bettors can place wagers on tournament winners, individual player performances, and various prop bets. Golf betting is an exciting way to engage with the sport and add an extra layer of interest to the competition.
Tennis attracts many sports bettors in Colorado, with a variety of tournaments and matches to bet on throughout the year. You can wager on individual matches, tournament winners, and various prop bets, such as who will win a specific Grand Slam event. Tennis betting is a great way to add excitement to the season and support your favorite players.
Mixed Martial Arts (MMA) is another popular sport for betting in Colorado, with the UFC being the premier organization. You can bet on individual fights, futures bets, and prop bets, such as who will win a particular championship belt or who will win a fight by knockout or submission. MMA betting is a great way to enjoy the thrilling action of the sport and add excitement to the season.
Which Teams Can You Bet on in Colorado?
As a Colorado sports fan, you have plenty of local teams to support and bet on. Here are some of the top teams in Colorado and a brief overview of the betting options available for each team:
Denver Broncos (NFL)
The Denver Broncos have a strong following in Colorado, and their games generate significant betting interest. You can bet on Broncos’ individual games, including point spreads, moneylines, and over/under totals, as well as futures bets like Super Bowl winners or division champions. Additionally, prop bets offer wagering on specific player performances and in-game events, such as touchdown scorers or total passing yards.
Colorado Rockies (MLB)
The Colorado Rockies provide baseball fans with ample betting opportunities throughout the MLB season. You can bet on individual games, including moneylines, run lines, and over/under totals. Futures bets, such as World Series champions or division winners, are available, as well as prop bets focusing on individual player statistics or game events like home run totals or strikeouts.
Colorado Avalanche (NHL)
The Colorado Avalanche is a popular choice for hockey fans looking to bet on their favorite team. Individual game bets include moneylines, puck lines, and over/under totals, while futures bets cover options like Stanley Cup winners or division champions. Prop bets allow fans to bet on specific player performances and in-game occurrences, such as goal scorers or total penalty minutes.
Denver Nuggets (NBA)
The Denver Nuggets draw considerable attention from sports bettors during basketball season. You can bet on individual games of the Nuggets, including point spreads, moneylines, and over/under totals. Futures bets, such as NBA Finals winners or conference champions, are available, as well as prop bets focusing on individual player achievements and game events, like point totals or rebounds.
Colorado Buffaloes and Colorado State Rams (NCAA Football & Basketball)
Fans of college sports can also bet on the Colorado Buffaloes and the Colorado State Rams during college football and college basketball seasons. Individual game bets, such as point spreads, moneylines, and over/under totals, are available, along with futures bets like national championship winners or conference champions. Prop bets offer additional betting options, focusing on specific player performances or in-game events, such as touchdown scorers or total rushing yards.
Best Colorado Sportsbooks Promotions
One of the benefits of online sports betting in Colorado is the variety of promotions and bonuses offered by sportsbooks. Here are some of the most common types of betting promotions available:
Welcome bonuses are a popular promotion offered by sportsbooks to new users. These bonuses typically involve matching a portion of your first deposit, up to a certain amount.
Free bets are another popular promotion offered by sportsbooks. These allow you to place a bet without risking any of your own money. If you win the bet, you get to keep the winnings, but if you lose, you don’t lose any of your own money.
Odds boosts are promotions that increase the odds of a particular bet. This can increase your potential winnings and provide added value to your betting experience.
Risk-free bets are promotions that allow you to place a bet without any risk. If you lose the bet, the sportsbook will refund your wager up to a certain amount.
Reload bonuses are promotions offered to exist users who make additional deposits. These bonuses typically involve matching a portion of the deposit, up to a certain amount.
BetfredUp to $1,111 in Free Bets
BetMGMFirst Bet Offer – Up To $1,000 Bonus Bets New customers start with a first bet offer of up to $1000. Simply sign up, make a deposit and place your first wager. If the bet loses, you’ll receive the amount of your wager back in bonus bets.
BetRivers$500 2nd Chance Free Bet
CaesarsOn Caesars up to $1,250 If you lose the first real money bet you place, receive a Bet Credit of up to $1,250!
Fanduel$1,000 No Sweat First Bet New customers only; must be your first bet with FanDuel Sportsbook.
DraftKings$1,000 Deposit Bonus A customer’s first deposit (min. $5) qualifies the user to receive up to $1,000 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $1,000 (the user must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000).
Fanduel$1,000 No Sweat First Bet New customers only; must be your first bet with FanDuel Sportsbook.
PointsBet$50*5 Second Chance Bets PointsBet Colorado LLC, a Delaware limited liability company registered to do business in the State of Colorado and licensed by the Colorado Division of Gaming to accept bets and wagers (together ‘bets’ or ‘wagers’) 24 hours per day.
Tipico$250 Deposit Match
WynnBetBet $100 Get $100 To qualify for this promotion, a new WynnBET patron must: 1. Create a new, valid WynnBET account. 2. Opt into the promotion by clicking the “Deposit Now” button below. 3. Make a first deposit of $100 or more. 4. Place a minimum of one Qualifying Wager of $100 on any straight or parlay with odds of -120 or greater. The Qualifying Wager must be placed on one wager. For example, if a patron has opted into this promotion and places (for their first WynnBET wager) a $100 money line wager with +110 odds and the bet settles as a win, the bet will pay out $210 as normal ($100 wagered plus $110 in winnings) and the patron will receive $100 total in bet credits.
Is it Legal to Bet in Colorado?
While the state’s sports betting history is relatively short, it has been a fast and furious ride since legalization.
In 2019, Colorado began its push to legalize sports betting thanks to the efforts of Rep. Alec Garnett, the House majority leader. Garnett produced a bill that narrowly passed both chambers of the Colorado General Assembly on the last day of the session. However, due to Colorado’s Taxpayer Bill of Rights, the question of sports betting had to go before the voters before it could become law. In the end, the people of Colorado decided to allow the state’s casinos to offer online and retail sports betting, voting in favor of Proposition DD by a narrow margin.
Fast forward to May 2020, when Colorado sports betting started in earnest. Both online and retail sportsbooks opened their doors for business, although the COVID-19 pandemic created some challenges for in-person wagering. Nevertheless, the online expansion continued, and by the end of the year, 15 online sportsbooks had launched in the state.
In 2021, sports betting continued to expand in its first full year of being legal in Colorado. The number of active sportsbooks nearly doubled, with 26 sportsbooks doing business in the state by the end of the year. Notably, Sky Ute is one of the few truly tribal apps available in the state.
As of now, betting on sports in Colorado is completely legal, as long as bets are placed via authorized and regulated sportsbook apps and operators. The state officially legalized sports betting via a voter referendum in November 2019, and it’s been a wild ride ever since. So, if you’re interested in betting on sports in Colorado, you can do so with confidence and peace of mind, knowing that it’s a completely legal activity.
Timeline of Online Sports Betting in the State
Online sports betting has become increasingly popular in the United States, and Colorado is no exception. The Centennial State has seen rapid growth in its sports betting industry since its legalization, offering residents a variety of options to place wagers on their favorite sports events. The following timeline provides an overview of the key milestones and developments in Colorado’s online sports betting history, from its beginnings to the most recent updates:
- November 2018: Colorado voters approved Proposition DD, which legalized sports betting in the state. The bill also authorized the Colorado Division of Gaming to regulate the new industry.
- May 1, 2020: Colorado officially launched sports betting. Four online sportsbooks, DraftKings, FanDuel, BetRivers, and BetMGM, were the first to go live, allowing residents to bet on a wide range of sports, including professional, collegiate, and international events.
- June 2020: Sports betting continued to expand, with more operators launching their online platforms, such as PointsBet and Fox Bet. This increased competition and gave bettors more options.
- September 2020: The first full month of NFL betting brought a significant increase in sports betting handles, solidifying the popularity of the activity in the state.
- December 2020: By the end of the year, Colorado had seen a rapid increase in its sports betting handle, with over $1 billion wagered since the industry’s launch in May.
- 2021: Throughout the year, Colorado’s sports betting industry continued to grow. The state experienced month-over-month increases in sports betting handles, as well as the launch of several new sportsbooks.
- February 2022: The state’s sports betting handle surpassed $5 billion since its inception, showing the industry’s steady growth.
- September 2022: Colorado continued to see increases in sports betting handles, bolstered by the NFL season and the popularity of live in-game betting.
Betting Law in Colorado
Aside from knowing what you can legally stake on, it’s imperative that you understand the laws for players as well. To legally play casino games, you need to be in a physical casino in one of the mountain towns that allow them.
You can play bingo in bingo halls or in casinos that host the games. You can’t play these games online. The same can be said for poker. Colorado online gambling only includes sports betting and daily fantasy sports.
You can legally stake in sports in person or online, and daily fantasy sports are included in that legislation. To partake in any of the activities that are legal in the state, you must be of age. For casinos and sports betting, you need to be over 21. For bingo, poker, horse racing, and lottery, the age is 18. To bet on sports online, you must be a resident of the state.
Land-Based Sports Betting in Colorado
In addition to online sports betting, sports fans in Colorado can also bet on sports at land-based sportsbooks and casinos. These options provide an alternative for those who prefer to place their bets in person.
Several of the state’s casinos offer sports betting options, with on-site sportsbooks and betting kiosks available. These casinos include:
- Ameristar Casino Resort Spa Black Hawk
- Monarch Casino Resort Spa Black Hawk
- Saratoga Casino Black Hawk
- Isle Casino Hotel Black Hawk
- Lady Luck Casino Black Hawk
- Golden Mardi Gras Casino
- Golden Gates Casino
In-person sports betting at land-based sportsbooks and casinos in Colorado allows for a different type of betting experience than online sports betting. Sports fans can watch the game live on large screens and place their bets in a more social setting.
It’s important to note that online sports betting has become increasingly popular in Colorado, as it provides the convenience of betting from anywhere within the state’s borders. Additionally, online sportsbooks offer a wider range of betting options and promotions compared to land-based options.
Sports Betting Taxes and Other Important Information
When you bet on sports in Colorado you will be required to pay taxes by the Colorado gambling laws and notify the IRS if you receive winnings over $600. The tax rate on mobile and retail winnings is 10 percent, which is reasonable when compared to certain other states. For instance, there’s a 20 percent tax in Nebraska and 15 percent in Maryland.
If you need to pay tax on any winnings, the sportsbook is obliged to provide you with the necessary forms and alert you. It’s wise to keep track of any tax that you may need to pay. If you don’t, you may get in trouble and could even have your betting accounts restricted.
Yes, sports betting was legalized in Colorado on May 1st, 2020. The state has since implemented regulations to ensure safe and fair operation of sports betting activities.
No, Colorado does not require residents to participate in sports betting activities. However, you must be physically present within the state’s borders to place bets.
The Colorado Division of Gaming is responsible for overseeing and regulating sportsbooks in the state. The division is responsible for licensing and regulating sports betting operators and ensuring that they comply with state regulations.
The minimum age required to participate in sports betting activities in Colorado is 21 years old. This is in line with the state’s legal drinking age, and individuals who do not meet the age requirement cannot legally engage in sports betting activities in Colorado.
Yes, DFS is legal in Colorado, and the state has implemented regulations to ensure its safe and fair operation. DFS operators must obtain a license from the Colorado Division of Gaming and comply with state regulations to provide services to residents and visitors.