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Colorado Sports Betting

Updated: September 7, 2021

Legal sports betting in Colorado is off to a strong start, with a robust online and retail market exploding across the state beginning in May of 2020.

You must be at least 21 years old to bet on sports in the Centennial State. There are extensive options for mobile wagering from anywhere within Colorado, along with in-person betting at numerous casinos in Black Hawk, Central City, Cripple Creek, and beyond.

Start here to find the best sports betting apps and legal online sportsbooks available in Colorado. Along with expert reviews of all the top-rated CO betting sites, you’ll find detailed information on bonuses and key rules to help you make the most of Colorado sports betting.

Best Colorado Online Sportsbooks

  1. FanDuel Sportsbook

    After dominating the daily fantasy market, FanDuel has moved to online sports betting with a flawless betting app and an excellent online sportsbook. Those looking to wager in Colorado will find a superior live betting experience and lots of features for new bettors.

    Promo: $1,000 Risk-Free Bet
    More Info Icon
    Rated 5/5
  2. DraftKings

    DraftKings has grown from a daily fantasy powerhouse into one of the top brands for legal US sports betting. If you’re looking to wager on sports in Colorado you’ll find a large menu of betting options and many promotions at the DraftKings sportsbook.

    Promo: Up to $1,050 Free!
    More Info Icon
    Rated 5/5
  3. FOX Bet

    FOX Bet is available to Colorado sports bettors to legally bet on sports anywhere in the state. FOX Bet offers a tantalizing sign up bonus for new Colorado sports bettors, who can also enjoy daily bet boosts and custom bets from the platform.

    Promo: $500 Risk-Free Bet
    More Info Icon
    Rated 5/5
  4. BetMGM

    The BetMGM offers a legal sports betting app and an online sportsbook to Colorado residents. The impressive mobile presence includes a great sign-up bonus, weekly free bets, and many in-play betting options in the Centennial State.

    Promo: $1,000 Risk-Free Bet
    More Info Icon
    Rated 5/5
  5. Barstool Sportsbook

    Barstool is best known as a sports content empire, and the Barstool Sportsbook powered by Penn National Gaming is proving to be a hugely popular online betting site. With some of the most unique promos we've seen in the entire industry, betting with the Barstool Sportsbook is some of the most fun you can have.

    Promo: $1,000 Risk-Free Bet!
    More Info Icon
    Rated 5/5
  6. TwinSpires

    TwinSpires might be best known for horse racing, but they also have a fantastic online sportsbook. With competitive promo offers, a user-friendly mobile betting app, and one of the best overall sportsbook experiences you can find, bettors won't be disappointed with TwinSpires!

    Promo: $1,000 Risk-Free Bet
    More Info Icon
    Rated 4/5
  7. Caesars Sportsbook

    Caesars brings ultimate flexibility to the world of online sports betting with tons of banking options, competitive odds on all major sports, and few restrictions when it comes to constructing parlays.

    Promo: up to $5,000 risk free bet
    More Info Icon
    Rated 5/5
  8. PointsBet

    This Australian brand is taking the US market by storm with a new way to bet spreads, totals, and props. Try PointsBetting for something entirely new or find great odds on traditional wagers.

    Promo: Get a 100% Deposit Match Up to $250
    More Info Icon
    Rated 5/5
  9. Betfred

    With over 50 years of experience, Betfred is one of the world's most renowned bookmakers. They're expanding across the US sports betting market, bringing a top-notch online sportsbook and mobile app along with them.

    Bonus: $40 Free-Bet & Up to $500 Wager Match
    More Info Icon
    Rated 4/5
  10. BetRivers

    BetRivers has a reliable history originating from their roots in casino gambling. Colorado bettors can find one of the best sportsbooks in the market at BetRivers.

    Promo: Up to $250 Deposit Match
    More Info Icon
    Rated 5/5

Colorado Sports Betting Key Info

Finding the best place to bet is only one part of enjoying all the Colorado sports betting has to offer.

Jump ahead to learn more about the following:

Betting Apps / Bonus Offers / Signing Up & Getting Started / Latest News / Rules & Regulations / Licensing & Taxes / Retail Sportsbooks / FAQ / Local Partnerships

CO Sports Betting Apps – The Easy Way to Bet from Anywhere

In today’s mobile-first world, no sportsbook would earn our recommendation without a well-designed and easy-to-use betting app. Colorado sports bettors are lucky to enjoy no real restrictions on their use of mobile betting apps. They can be accessed from anywhere within the state to place a bet remotely at any time.

All of the highly-rated legal sportsbooks listed above also offer betting apps for both Apple and Android users.

That said, there are a few differences and key decision factors worth considering if you plan to place most of your bets using a mobile phone:

  • Many of the best sportsbook operators design their entire platform with a mobile-first mentality, which means the user experience is often superior to that found on your desktop.
  • Operators who made the jump to sports betting from daily fantasy, such as DraftKings and FanDuel, are generally one step ahead of the competition when it comes to the functionality of their mobile betting apps.

Our team prefers the FanDuel Sportsbook app for mobile betting in Colorado. It’s the most visually appealing and intuitive betting app available with features like a sticky bet slip that make it easy to use immediately after download.

Combine this with fast load times that allow for live betting even if you’re accessing the app via your data plan while watching a game at Coors Field surrounded by 50,000 other cell phone users, and you have a winning formula.

Note that some apps are state-specific, while others offer a universal platform that can be used in any state where the sportsbook is licensed to operate. BetMGM, BetRivers, and FOX Bet all have specific versions for Colorado users, while FanDuel, DraftKings, and PointsBet offer a single mobile app for all users across the United States.

No matter which app you choose to download, make sure you sign up and place a deposit using the unique links below. This is the easiest way to ensure you get today’s best sign-up bonus. From there, you can download the app and log in to your new account.

Here are the best CO sports betting apps available today:

Betting App App Store Rating State-Specific Version? Get Started
FanDuel 4.8/5 No Get App
DraftKings 4.8/5 No Get App
PointsBet 4.4/5 No Get App
BetMGM 4.8/5 Yes Get App
FOX Bet 4.5/5 Yes Get App
BetRivers 3.8/5 Yes Get App

Each of the apps listed here is available for both Android and Apple users. Follow the links in the table above to get started.

Colorado Sports Betting Promo Offers – Don’t Miss Your Sign-Up Bonus!

It’s no secret that sports fans in Colorado have a huge number of options when it comes to selecting an online sportsbooks or betting app.

Here’s the truth you won’t see advertised on Monday Night Football: the highly-rated legal sites reviewed on this page are desperate for your business.

Get 40-1 Odds on Any NBA Team to Win
Get 75-1 Odds on Any NBA Team to Win Their Opening Game
Bet $1, Win $100 if Josh Allen Throws for 1+ Yards

And while the overwhelming number of sportsbook advertisements is enough to annoy even the biggest fans, this rampant competition is great news when it comes to the promo offers and bonuses available to sports bettors in Colorado.

There’s a whole smorgasbord of excellent Colorado sports betting promos and bonus offers available today.

So, what should you look for when hunting for the best Colorado sports betting promotions?

CO sportsbook bonuses often take the form of free bet credits or boosted odds that offer an increased payout on popular wagers.

Most of the sportsbooks featured on this page also offer daily boosted odds for Colorado sports bettors. Obviously, these offers change every day. Keep your eyes out to find a bit of extra value anytime you visit one of these betting apps.

Colorado Sign Up Bonuses

In addition to the rolling and short-term promos highlighted above, look for a generous deposit bonus at your Colorado sportsbook.

Here are the best CO sportsbook sign up offers:

Betting Site Colorado Deposit Bonus Get Started
FanDuel $1,000 Risk-Free Bet Bet Now
DraftKings $1,050 Deposit Match Bet Now
PointsBet  100% Deposit Match up to $250 Bet Now
BetMGM $1,000 Risk-Free Bet Bet Now
FOX Bet $500 Risk-Free Bet Bet Now
BetRivers $250 Deposit Match Bet Now
Betfred $500 Risk-Free Bet Bet Now
Caesars $5,000 Risk-Free Bet Bet Now

Whether or not you choose to shore up your bankroll with one of these top sign-up offers, you need to ensure the online sportsbook or betting app you’re wagering with is fully licensed in the state of Colorado.

Make sure you use the links provided on this page to redeem these offers. Sports Betting Dime is an official affiliate partner of the CO sportsbooks listed above, so you can be sure you’re getting the best and latest offers by using the tables above.

Sign Up at a Top-Rated CO Betting Site

Once you’ve found the right site, it’s exceptionally easy to get started and redeem the full value of your bonus offer.

Steps to Get Started

Here are step-by-step instructions to place your first legal sports bet in Colorado today:

  1. Create a new account with a top-rated sportsbook. Click here to get started at DraftKings.
  2. Follow the on-screen instructions. You’ll need to have some personal info ready for verification:
    1. Full name
    2. Address
    3. Date of Birth
    4. SSN
  3. You will be prompted to make a deposit your payment method of choice. Complete this process right away to take full advantage of the sign-up bonus on offer. Below you’ll find the most common and convenient deposit methods accepted at Colorado sportsbooks:
    1. Credit Card
    2. Debit Card
    3. ACH eCheck
    4. PayPal
    5. Prepaid Card
  4. Note that the amount you deposit will often determine the value of your sign-up bonus.

Things to Keep in Mind

While Colorado has very few sports betting restrictions compared to other states, there are a few hard rules you’ll want to be aware of before attempting to make your first deposit and place a bet.

Remote Registration IS Allowed

Online bettors can register and fund their accounts remotely, meaning bettors in Colorado do not need to visit a casino or retailer of any kind to validate their sports betting accounts.

This is not the case in states like Nevada, where you must visit first confirm your identity in person before placing any wagers from an online betting account.

Geolocation Required

Legal Colorado sports betting apps must verify your location within state lines every time you place a wager.

Geo-comply software will ping your location frequently. Though you’ll be able to view the odds and your account info from anywhere, you can only bet online from within Colorado.

Most betting apps have integrated the geo-comply functionality with the location services on your mobile device. Computer users will generally need to download an unobtrusive software package directly from their sportsbook website.

What about bettors simply visiting Colorado?

You do not need to be a Colorado resident to use a betting app or online betting site in the state. Location requirements apply to your physical presence within state lines rather than your regular place of residence. If you want to come across from Kansas to bet on sports in Colorado, you’re free to do so. Equally, until sports betting in Arizona launches, Colorado or Vegas are the closest online options.

You Must Be At Least 21 Years Old

You must be 21 years of age to gamble in Colorado. This age restriction applies to both casino floors and bets placed online. Whether entering a casino or registering for an online sportsbook account, all legal sports betting operators will verify your age and identity.

Some operators require presentation or upload of a government-issued ID, while others rely on approved e-verify software to electronically confirm your age and identifying details.

You Must Be Physically Located in Colorado

As mentioned above, you must be physically present in the state to place an online wager with any sportsbook licensed in Colorado

In fact, any lack of frequent location checks from your sportsbook is a major red flag. Legal Colorado betting sites will ping your location whenever you login or try to place a bet.

Industry Insiders Are Restricted

To remove the conflict of interest, some individuals with direct involvement in college or professional sports are barred from betting on sports in Colorado.

This includes athletes, coaches, trainers, and other critical staff who have access to the type of “inside information” that might give them an unfair advantage at the sportsbook.

Latest CO Sports Betting News 

SportsBettingDime.com is following all of the latest updates as the legal sports betting market in Colorado continues to evolve. Check this page to stay up to date with the latest Colorado sports betting news as more sportsbooks enter the state and we learn more about the future of sports wagering in Colorado.

September 7, 2021: 888 launches Sports Illustrated Sportsbook in Colorado, just in time for the 2021 NFL season kickoff. The media giant plans to entertain readers and sports fans by integrating wagering information and insights from SI Sportsbook across both its content and gaming platforms.

August 3, 2021: William Hill Sportsbook is rebranded as Caesars Sportsbook. New users of Caesars Colorado are offered a lucrative welcome bonus as part of the changeover.

May 24, 2021: Bally’s Corporation launches the beta version of its mobile sports betting app, Bally Bet, in Colorado. The prominent retail sportsbook has plans to test and refine its online offerings then expand to three additional states later in 2021.

May 2021: The first year of legal gambling in Colorado is in the books. CO sports bettors wagered a total of $2,324,644,889 through the first 12 months, resulting in $147,359,609 of gross revenue for sportsbooks and $6,636,138 collected by the state in taxes.

Colorado Sports Betting Rules & Regulations: What the Law Says

Colorado has taken an open approach to sports betting rules and regulations, but there are a few restrictions new bettors should be aware of.

Which Events Can I Bet on in Colorado?

Colorado has taken an exceptionally laissez-faire approach to the sporting events approved for wagering within the state. In fact, the small number of restrictions in place at the launch were largely lifted almost immediately.

Even obscure sports like floorball and Gaelic hurling are open for wagering at Colorado’s sportsbooks.

The Colorado Division of Gaming maintains a detailed register of the approved events for wagering. You can find the full list here, but we summarize the key restrictions below.

No Live Betting on College Sports

Unlike many states, Colorado sports betting regulations do allow wagering on college football and college basketball events, along with all other NCAA competitions. This includes those events involving college athletes from Colorado universities. You’re free to wager on the Buffs, Rams, Falcons, or any other college team – as long as you do so before the game.

In-play wagering on college sports is one of the few restrictions.

eSports Betting Is Allowed in Colorado

Colorado is among a growing number of states recognizing that eSports are a legitimate market for sports bettors. Other examples include WV and VA and the soon-to-be-launched MD sports betting.

While eSports wagering was originally supposed to be a no-go, the COVID-19 pandemic convinced regulators to include a wide range of top-tier eSports events on the list of those approved for wagering.

No Betting on High School Sports

While betting on college football and eSports is a go, betting on high school sports is not allowed in Colorado.

Political Betting Remains Off Limits

As in all other states with legal sports betting, wagering on the Presidential Election and other political outcomes is prohibited in Colorado.

While betting on American politics is a popular choice at many international sportsbooks, the only way to do so legally from within the US is by using a political prediction market.

Which Types of Wagering Are Allowed on These Events?

Colorado allows all the most popular wagering types found at online sportsbooks and betting apps, including:

  • Straight bets (Moneyline, Spread, O/U)
  • Parlays & Accumulators
  • Pleasers & Teasers
  • Player & Championship Futures
  • Live Betting
  • Prop Bets & Exotics

Chances are good that your preferred form of wagering is available at most CO sportsbooks.

Licenses, Revenue, & Taxes: The Business of Colorado Sports Betting

Sports betting licenses in Colorado fall into three categories:

Master license – These licenses can be issued to existing Colorado casinos. All sportsbook operations in the state, whether online or in-person, are tied to a master license.

Operator license – Operator licenses are issued to land-based operators providing services to master license holders at their on-site premises. Master licensees do not require an operator license to open a sportsbook at their own casino – they apply only in cases with third-party operators.

Internet sports betting license – Anyone providing an individually branded online sportsbook must obtain an internet license.

This licensing scheme means that major national outfits such as DraftKings and FanDuel must partner with a Colorado casino to launch branded sportsbooks and online betting apps in the Centennial State.

Note that third-party licensees can (and have) contracted their services to multiple master license holders.

Here are the online sports betting sites available in Colorado by licensee:

License Holder Online Betting Partner(s)
Billy’s Casino TwinSpires Sports
Bronco Billy’s WynnBET
Bull Durham Casino PlayUp
Century Casino Circa Sports
Christmas Casino SBK
Double Eagle Casino PointsBet
Famous Bonanza Casino Betway
The Gilpin Hotel theScore Bet
Golden Gates Casino FanDuel Sportsbook
Golden Gulch Casino Bally Bet
Golden Mardi Gras Casino DraftKings Sportsbook
Grand Z Casino Play Maverick Sports
Isle of Capri Casino Caesars
Johnny Nolon’s SportsBetting.com
JP McGill’s Casino BetRivers
Lady Luck Casino FOX Bet
Lodge Casino Superbook
Midnight Rose Casino BetMGM
Monarch Casino Blackhawk BetMonarch
Red Dolly Casino Elite Sportsbook
Saratoga Casino Betfred
Sky Ute Casino Resort Sky Ute Sportsbook
Ute Mountain Casino Resort Ute Mountain Sportsbook
Wildwood Casino BetWildwood

Licensing fees are among the lowest in the country. Master licenses cost $2,000, while operator and internet gaming licenses incur a $1,200 licensing fee. For context, states like Pennsylvania have charged as much as $10 million for sports betting licenses.

This is paired with a low tax rate to create an incredibly favorable environment for sportsbook operators. The sports betting tax rate in Colorado is 10%. By comparison, online sportsbooks in NJ are taxed 13%, and NY lawmakers have requested at least a 50% revenue from online operators when the state opens its virtual doors later this year.

Taxes are assessed on adjusted gaming revenue, or the amount of revenue remaining after winnings have been paid.

Lower operating costs encourage more competition in the market. In the end, this benefits consumers in the form of more competitively-priced odds and better promotions.

If you are curious to know the financial figures that pertain to Colorado, then check out our sports betting revenue page for Colorado. We analyze the reports provided by the Department of Revenue on a monthly basis to give you an in-depth look at the business of sports betting in CO.

Colorado Retail Sportsbooks

It’s hard to beat the convenience of logging into a sportsbook app in Colorado and placing a few wagers directly from your smartphone. Beyond the obvious convenience factor, the biggest bonuses at Colorado sportsbooks are generally reserved for those betting online.

That said, visiting a casino or racetrack has its own unique appeal. There’s no denying the energy and atmosphere of a room full of sports bettors anxiously awaiting the results of their action. The map below provides a general guide to casinos with sports betting in Colorado:

We recommend signing up for a Colorado sportsbook like DraftKings, who offer an excellent sign-up bonus for new users. You can take advantage of these promos for everyday action while planning a few weekend trips to Black Hawk or Cripple Creek to soak in the brick-and-mortar wagering experience.

When deciding between in-person betting locations, consider their integration with an online platform (see table above). Those brick-and-mortar locations paired with an active online operator will often allow you to use the same bankroll whether betting in-person or over the internet.

If you’re familiar with casino gambling in Colorado, you likely know that most gaming is contained to the mountain communities of Black Hawk, Central City, and Cripple Creek. The Ute tribe also operates two casinos with sportsbooks in the state’s southwestern corner, within easy reach of Durango and Farmington, New Mexico.

Colorado Sports Betting FAQs

Is it legal to bet in Colorado?

Yes, you can legally place wagers on sports in Colorado as of 2020.

Can you wager in Colorado if you are not a Colorado resident?

Yes. You only need to be within the state lines to place bets in Colorado.

Is eSports betting legal in Colorado?

Yes. Unlike many states, you can legally bet on eSports in Colorado.

Can you make bets from your phone?

Yes. Many sportsbooks offer betting apps as an additional method to place bets.

Local Sportsbook Partnerships

Many online sportsbooks are engaging in partnerships with professional and college sports teams around the country. In many cases, these partnerships will result in special promos and odds boosts for wagers on hometown teams.

Check the table below to see which sportsbooks have partnered with local teams:

Sportsbook Local CO Partners
DraftKings Colorado Rockies (MLB)
FanDuel Denver Broncos (NFL)
BetMGM Denver Broncos (NFL)
PointsBet Colorado Buffaloes (NCAA), Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Mammoth (NLL)

Betting with your head and not your heart is the basis of responsible gambling, but SBD understands that fans want to support their favorite teams. Local partnerships often sweeten the pot, meaning you can get more bang for your buck when backing the Buffs, Avs, and beyond.

PointsBet operates their North America headquarters from Denver, so we’d suggest making a deposit today if you’re local for the best promos and boosted odds on local teams.

Find the Best Sportsbooks for Colorado

Colorado is certainly one of the best places in the country to bet on sports. With so many sportsbooks to choose from, it pays to spend a bit of time shopping around to find the one that’s right for you.

SportsBettingDime’s list of the best online sportsbooks is a great place to start. Explore our in-depth reviews of legal betting apps and sports betting sites to find further detail on the best CO sports betting bonuses and more.

If you’re looking for sports betting information about other states, our sports betting legal tracker is the best place to find out where sports betting is legal. From there, you can explore our recommendations on a state-by-state basis.

Whether you’re betting in Colorado or beyond, have fun and enjoy the action out there!