NFL betting is thriving in Colorado after online sports wagering was legalized in the Centennial State in May 2020. The NFL is arguably the most popular sport in the United States with dedicated betting coverage throughout the season when it begins in September, running all the way through to the Super Bowl in February.
Here are a selection of the top sportsbooks operating in Colorado for NFL betting. They provide competitive odds and a diverse range of wagering markets throughout the season.
Best NFL Sportsbooks
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).
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.
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!
BetfredUp to $1,111 in Free Bets
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.
Even the NFL off-season has many wagering angles with betting available on free agency, and the destinations of the leading free agents along with NFL Draft betting, where you can place bets on where the best college talent will land in the selection process. Residents of Colorado have more reason to be excited now that quarterback Russell Wilson has landed with the Denver Broncos, making NFL betting options even more intriguing for the future.
NFL Betting Options
There are multiple ways to bet in Colorado, and when it comes to NFL betting, but the most common way is to wager on the moneyline. This is a straight wager on which team will win an NFL game.
For example, in a game between the Denver Broncos and the Kansas City Chiefs, both teams will be given a number on the moneyline by a sportsbook, and you simply place your stake on the team that you believe will win. If your team has a positive value that means it is the underdog, while the side that is the favorite will have a negative value. The values will reflect the money you receive back from the operator if your wager is successful.
NFL spread betting is also hugely popular. This is where both teams are given a value by the sportsbook based on their performances over the course of a season – one has a negative value and the other had a positive value. For example, if the Denver Broncos are -3.5 against the Kansas City Chiefs, the Broncos must win by over four points to win your bet. On the other hand, if the Chiefs are +3.5, anything other than a defeat by four points or more is a successful wager on Kansas City.
Over/under betting follows the same pattern, where you simply select a bet for over or under the value given by a bookmaker. These bets can be placed on a number of aspects of the game, including total points, points for one side, or specific player wagers about touchdowns, passing yards, receiving yards, receptions, rushing yards and many more.
By looking around the top NFL betting sites such as FanDuel and DraftKings, you should look for value on your wagers as some will differ on their moneyline prices and spread lines.
NFL Teams To Bet On
For Colorado residents, the Denver Broncos are the preferred team to support the state, and trading for Wilson can play a significant role in empowering Colorado online betting selection on their team, on the way back to prominence in the NFL. The Broncos are three-time Super Bowl champions, having won the crown twice in a row with John Elway as quarterback in the 1998 and 1999 seasons, and again with Peyton Manning and a vaunted defense in the 2015 campaign.
You can bet online on the Broncos on a weekly basis in the NFL campaign, but also look out for their outright odds for the Super Bowl, AFC Conference winner or AFC West Division winner. Alternatively, you can also single out players for awards such as the MVP, offensive player of the year or defensive player of the year, which will be readily available throughout the season from sportsbook including BetRivers and Caesars.
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Colorado NFL Betting FAQs
Yes. Online sports betting became legal in Colorado in May 2020.
You can place a variety of NFL bets in Colorado, such as moneyline, spread and over/under wagers.
Yes. You can bet all 32 NFL teams when wagering in Colorado.
Yes. The leading sportsbook provide top-quality apps to allow wagering anywhere within state lines.