Best Colorado Sports Betting Promotions 2023

et ready to take your sports betting to the next level with the best promotions and bonuses in Colorado! Whether you’re a seasoned player or a newcomer, these offers provide a fantastic opportunity to boost your winnings and make the most out of your bets. Explore the top deals from Colorado’s top sportsbooks and start winning big today!

Top Bonuses and Promos in Colorado

  • Caesars-logo
    Caesars
    8.5/ 10
    On Caesars up to $1,250
  • FanDuel
    Fanduel
    8/ 10
    $1,000 No Sweat First Bet
  • BetMGM logo
    BetMGM
    8.5/ 10
    up to $1,000 In Bonus Bets
  • BetRivers-LOGO
    BetRivers
    8.5/ 10
    $500 BONUS 2nd Chance Bet
  • WynnBET logo
    WynnBet
    8.5/ 10
    Bet $100 & Get a $100 Free Bet
  • DraftKings-Logo
    DraftKings
    9/ 10
    up to $1,200 BONUS

Caesars Colorado Welcome Offer

Caesars Sportsbook offers one of the most lucrative betting bonuses in Colorado. With this bonus, new users can redeem up to $1,250 in bet credit if their first qualifying wager is unsuccessful. This offer applies to new users who sign up for Caesars Sportsbook in Colorado and make an initial deposit of at least $10. The offer also includes 1,000 Caesars Rewards® Tier Credits.

ProsCons
Lucrative $1,250 maximum bet creditMust use the entire bet credit on the follow-up wager
Provides a chance for bettors to maximize profitsOnly winnings paid out on wagers using bet credit
Provides cracks at opening bets for new bettorsNo bet credit if the first wager wins
  • What does up to $1,250 on Caesars mean for you?
  • How much money can you earn with up to $1,250 on Caesars?
  • Why is Caesars’ bonus better than the others?
  • Caesars-logo
    Caesars
    8.5/ 10
    On Caesars up to $1,250

FanDuel Colorado Welcome Offer

FanDuel is known in the industry for constantly pushing the welcome bonus envelope. The sportsbook executes its sign-up offers expertly and is constantly gaining a line of new bettors. FanDuel’s “$1,000 No Sweat First Bet” offer is without a doubt one of the best betting bonuses in Colorado.

ProsCons
Great value for a $10 depositStill requires a $10 real money deposit
A bonus bet can be used on multiple betsUp to 72 hours waiting to receive bonus bets
A bonus bet can be used on any sports market
  • What does FanDuel’s “$1,000 No Sweat First Bet” mean for you?
  • How much money can you earn with FanDuel’s “$1,000 No Sweat First Bet”?
  • Why is FanDuel Colorado bonus better than the others?
  • FanDuel
    Fanduel
    8/ 10
    $1,000 No Sweat First Bet

BetMGM Colorado Welcome Offer

BetMGM is quickly gaining recognition, and they recognize the power of welcome bonuses in attracting new customers. Their latest promotion – a refund of up to $1,000 on initial wagers – appeals to bettors from all backgrounds. When you register for an account on BetMGM Colorado – once deposit money into it, and lose your opening bet, BetMGM will reimburse every cent of your stake – as much as $1000! If you win that first gamble however then this offer isn’t valid anymore; no BetMGM promo code is required either!

ProsCons
Credit is divided and can be used to fund multiple upcoming betsIf you win your first bet, the promotion is no longer valid
The maximum amount for the bonus is $1,000Bonus bets must be used within 7 days
Get your bonus bets promptly within 24 hoursOnly profits earned from using bonus bets are eligible for payouts
  • What does BetMGM’s “$1,000 paid back in bonus bets” mean for you?
  • How much money can you earn with BetMGM Colorado “$1,000 in bonus bets”?
  • Why is BetMGM Colorado bonus better than the others?
  • BetMGM logo
    BetMGM
    8.5/ 10
    First Bet Offer – Up To $1,000 Bonus Bets

BetRivers Colorado Welcome Offer

BetRivers Colorado is offering a bonus of up to $500 with their second chance bet. Simply use the code SPORTS when you make your initial wager and should it fail, they will provide you with another chance at success! Don’t miss out on this easy opportunity for more betting power.

ProsCons
A generous bonus of up to $500Odds restrictions apply on the bonus bet
This bet can be used on any sports marketThe first bet must not win in order to get the promo
Withdraw your money out after you reinvest your bonusYou cannot get money back for a bonus bet
  • Why is BetRivers Colorado bonus better than the others?
  • How much money can you earn with BetRivers Colorado “$500 second chance bet”?
  • BetRivers-LOGO
    BetRivers
    8.5/ 10
    $500 2nd Chance Free Bet

WynnBET Colorado Welcome Offer

WynnBET CO is making an impact with its distinctive welcome bonus which gives new customers a $100 bonus bet upon placing and depositing at least $100. Unlike most other Colorado sportsbook bonuses, this one comes with the assurance of payment. Furthermore, certain limitations have been placed on the odds for wagering, requiring punters to pick options that are no shorter than -120; there’s no need to input any WynnBET promo code either!

ProsCons
Get your hands on $100 in free bonus bets!Odds restrictions apply
No complicated terms and conditionsAdditional limitations apply when placing a bonus bet
Unlock the entire bonus within a day!Place your bonus bet within 10 days for maximum use
  • What does WynnBET Colorado “$100 bonus bet” mean for you?
  • Why is WynnBET Colorado bonus better than the others?
  • WynnBET logo
    WynnBet
    8.5/ 10
    Bet $100 Get $100

What Types of Sportsbook Bonuses Can You Redeem in Colorado?

Colorado offers a wide range of sports betting bonuses to enhance your Colorado online betting experience. From welcome bonuses to loyalty programs, there’s something for everyone. Take advantage of these bonuses and increase your chances of winning big today.

Welcome Bonus

As the name suggests, this type of bonus is offered to new players who sign up for a sports betting account. These bonuses can come in various forms, such as free bets, risk-free bets, or deposit matches. With a welcome bonus, you can start your betting journey on the right foot and potentially increase your winnings.

Reload Bonus

This type of bonus is offered to existing players who have already made a deposit. It’s a way for sportsbooks to reward their loyal customers and encourage them to keep playing. With a reload bonus, you can get additional funds added to your account, giving you more opportunities to place bets and win big.

No-Deposit Bonus

As the name suggests, this bonus doesn’t require you to make a deposit to claim it. Instead, all you need to do is sign up for a sports betting account, and the bonus will be credited to your account automatically. No-deposit bonuses are a great way to test out a sportsbook without risking any of your own money.

Risk-Free Bonus

With a risk-free bet, you can place a bet on a game, and if you lose, the sportsbook will refund your bet up to a certain amount. This type of bonus gives you an extra layer of protection and lets you place bets with more confidence.

Cashback Bonus

are another type of bonus that you can take advantage of in Colorado. With a cashback bonus, you can get a percentage of your losses back. This type of bonus is great because it provides a safety net, giving you a chance to recoup some of your losses and continue playing.

Loyalty Programs

Many sportsbooks offer loyalty programs to reward their customers for their continued play. With these programs, you can earn points for each bet you place, and these points can be redeemed for prizes, such as free bets, merchandise, or even vacations. Loyalty programs are a great way to earn extra rewards on top of your winnings, and they also give you a chance to explore different types of bets and games.

How to Redeem Your Colorado Sportsbook Promos?

Claiming online sportsbook bonuses in Colorado is a straightforward process. Here’s a step-by-step guide to help you get started:

  1. Sign up for a sportsbook account: To claim a bonus, you first need to register for an account at a licensed and regulated sportsbook in Colorado. This typically involves providing your personal details, such as your name, date of birth, and address. You may also need to verify your identity by submitting a government-issued ID.
  2. Choose a bonus: Once you have created an account, browse through the available bonuses and choose one that best suits your needs. Make sure you read the terms and conditions of each bonus carefully to understand the requirements and restrictions.
  3. Meet the qualifying conditions: Depending on the bonus type, you may need to meet certain qualifying conditions, such as making a minimum deposit or placing a qualifying bet. Make sure you understand the qualifying conditions before claiming the bonus.
  4. Claim the bonus: To claim a bonus, follow the instructions provided by the sportsbook. This may involve entering a bonus code, making a deposit, or opting into the promotion.
  5. Use the bonus: Once the bonus is credited to your account, you can use it to place bets on your favorite sports. However, make sure you understand any restrictions or limitations, such as minimum odds or maximum winnings.
  6. Fulfill any wagering requirements: Some bonuses may come with wagering requirements, which means you need to wager the bonus amount a certain number of times before you can withdraw any winnings. Make sure you fulfill any wagering requirements before attempting to withdraw any funds.
  7. Withdraw your winnings: If you meet the wagering requirements, you can withdraw any winnings to your chosen payment method. Some sportsbooks may have withdrawal limits or processing times, so make sure you understand these before requesting a withdrawal.
What is the minimum age requirement for Claiming online sports betting bonuses in Colorado?

To place online sports bets in Colorado, bettors must be at least 21 years of age, while daily fantasy sports players only need to be 18.

Can bettors claim bonuses from multiple Colorado sportsbooks?

Yes. Bettors can claim bonuses from multiple Colorado sportsbooks as they create separate accounts for each sportsbook. While new user promos can only be claimed once, most Colorado online sportsbooks offer ongoing promotions for existing customers.

Are there any wager requirements for Colorado sports betting apps?

Sometimes. Some sportsbooks may require bettors to use their bonuses on bets with certain odds, usually around -200. This is to ensure that sportsbooks don’t lose too much money giving away bonus credits and paying additional winnings. Bettors should be aware of these requirements especially for risk-free bets. Generally, the terms and conditions of bonuses are clear and easy to understand.