Colorado Online Sports Betting

Best Colorado sportsbook bonuses 2023

Colorado sports betting promos won’t stop for the foreseeable future. Here are some of the best CO online sportsbook bonuses.

Comparing Colorado sports betting apps

Colorado is home to 21 legal online sports betting apps as of 2023. That makes the decision of which sportsbook to go with even more difficult.

To help make that choice a little less daunting, here are the differences between the Colorado sportsbooks and some of their best features.

Bet365 Sportsbook

• Download Bet365 Sportsbook
• Review: Bet365 Colorado
• Best feature: Attached to global brand name

Bet365 is one of the most familiar betting names on the market, so you know you’re putting your money with the right people. Whether it’s betting on the Broncos or Nuggets, you’ll have a sense of trust that bet365 has you covered.

Final word: If you are a CO sports bettor who loves promotions, bet365 is the app for you. Bet365 aims to boost your parlay odds and offer great early payouts as well. Sign up now with bonus code PLAYCO and get $150 in bonus bets after you bet $5, or a First Bet Safety Net up to $1,000.

BetMGM Sportsbook

• Download BetMGM Sportsbook
• Review: BetMGM Colorado
• Best feature: More control over your wagers

BetMGM, the self-proclaimed “King of Sportsbooks,” gives its users ultimate control over the markets they want to bet on. Bettors can add and delete bets and even change betting amounts on certain events. On top of that, BetMGM offers an early cash-out option for users who want to capitalize on a winning wager before the event ends.

Sign up with the promo code PLAYCO to get the $1,500 back in bonus bets if you don’t win.

Final word: It’s a solid sportsbook with everything you want: lots of markets, adequate odds, live betting, strong daily “Lion’s boosts” and straightforward promotions.

Caesars Sportsbook

• Download Caesars Sportsbook
• Review: Caesars Sportsbook Colorado
• Best feature: The best odds around

An outstanding user experience is in the cards for Colorado sports bettors who use Caesars Sportsbook. Nearly every day, Caesars has a promotion bettors should consider, along with plenty of opportunities for bet credits. The book consistently delivers player-friendly odds. An expansive list of constant odds boosts is also worth your regular scroll routine.

Final word: There haven’t been many extras at Caesars regarding innovative markets or bells and whistles. That being said, it’s a fantastic sports betting product for those looking to bet on games with good odds. And that’s a good enough reason for most bettors to give it a try.

BetRivers Sportsbook

• Download BetRivers Sportsbook
• Review: BetRivers Sportsbook Colorado
• Best feature: 1x playthrough on sign-up and deposit bonuses

The BetRivers Sportsbook offers solid promotions, an attractive interface, various boosts and bets, and a 1x playthrough for bonus money that should become the industry standard. BetRivers is an accessible option for the casual gambler.

Final word: Casual CO sports bettors won’t find much to complain about regarding BetRivers. The 1x playthrough is a huge perk.

DraftKings vs FanDuel

DraftKings and FanDuel are two of the biggest and most popular sportsbooks in the US. Most online sports bettors no doubt have asked, “What’s the difference between these sports behemoths?” When it comes down to DraftKings vs FanDuel, it’s like Coke vs Pepsi. It all comes down to personal flavor and what you like.

If you enjoy live sports betting, a ton of fun markets to bet on, and an easy-to-use app, DraftKings Colorado Sportsbook is the way to go. If you enjoy same-game parlays, a plethora of daily odds boosts and a user-friendly experience, then FanDuel Colorado Sportsbook is your jam. If you’re new to CO sports betting, both offer great welcome bonuses, so explore both and see what you think. In the end, it comes down to what you prefer.

BetMGM vs Caesars

If you’ve watched TV for any amount of time, regardless of the channel or streaming service, you’ve seen the commercials for both of these sportsbooks. Needless to say, both of these Colorado sportsbooks are incredibly popular. BetMGM Colorado Sportsbook and Caesars Colorado Sportsbook offer distinct differences.

With BetMGM, CO sports bettors have the utmost control over the markets and sports they can wager. Bettors can add and delete bets as needed and even change the amount they’d like to bet on certain events. On top of that, BetMGM offers an early cash-out option if users want to capitalize on a winning wager before the event ends. As for Caesars, the sportsbook app features all the bells and whistles that your heart desires. New user promos don’t get much better than Caesars. The user-friendly app also includes occasional odds boosts, in-play betting, and betting bonuses.

Types of online sportsbook bonuses

The legal sports betting environment in Colorado is quite competitive, and that’s really good news for consumers. Operators have to pull out all the stops to separate themselves from the pack, and that translates directly into generous bonus offers. Here are some of the best ones you’ll find.

• No deposit bonus: This can go by other names such as a bonus, regardless of the name, it’s money for you to play with at an online sportsbook. Qualifying for this offer can be as simple as creating an account via our exclusive links.
• Bonus bet: For this offer, the sportsbook allows you to place your first bet in bonus fashion, sometimes for as much as $500. If you place your first bet and it turns out to be a loser, the operator will refund the amount of your wager.
• Deposit bonus: If you make a deposit at certain operators, they’ll match it dollar for dollar up to a certain amount. Some books go all out on this front and will match 100 percent of your first deposit up to $500.
• Odds boost: This is a special promotional offering in which the sportsbook raises the odds on a specific event to make it even more appealing. As an example, they might spike the moneyline on a big favorite to a level that’s almost too good to pass up.

The best way to make sure you are getting all of the incentives you are entitled to is by creating an account with the sportsbooks via our exclusive links. You can be up and running in just minutes to take full advantage of these offers.

For bonus offers, the rules are simple. Create your account and receive funds to play with. Bonus bets will require a deposit, and the amount that gets refunded is not eligible for immediate withdrawal. Instead, you will need to bet the funds on wagers meeting certain parameters. Money earned from those subsequent bets is eligible for withdrawal.

For deposit matches, the bonus funds will be credited to your account. These also aren’t eligible for withdrawal right away. The funds are still available to bet with though, so this is a fantastic way to get started on the path towards building up a bankroll.

Top 5 sports loyalty and rewards programs in Colorado

Given the sheer amount of online sports betting apps in Colorado, one of the ways Colorado sports bettors may choose one or the other is through rewards programs. The offer benefits are based on how much you play. For high-stakes and frequent players, the loyalty benefits can be extremely valuable. If you visit casinos in the three gambling towns, you know the rewards range from free parking to free rooms and meals. Online sports betting sites in Colorado offer the same sort of concept. When you bet, you earn points proportional to the amount you bet, and you can improve your status in a tier system.

Points can then be exchanged in an online store for benefits including merchandise or extra bonuses. Over time, these can add up to a lot of money, even if you are a recreational bettor wagering in small increments. Given the number of sportsbooks in Colorado, this could sway people to choose a specific app.

Here are five of the best rewards programs for Colorado sports bettors:

1. Caesars Rewards, Caesars Sportsbook

Every bet at Caesars Sportsbook earns Caesars Rewards Credits and Tier Credits. That makes it as easy to earn and redeem online as it is in person at one of Caesars’ more than 50 destinations in 16 states. Tier Credits earned during a calendar year determine your Tier Status. Reward Credits are your comps to earn bonus play, hotel stays, dining and more. One Tier Credit and one Reward Credit are earned for every $5 you stand to profit on sports bets.

2. MGM Rewards, BetMGM Sportsbook

When you sign up for a BetMGM Colorado Sportsbook account, you are assigned an MGM Rewards account. If you already have MGM Rewards account, you can merge account with the sportsbook. Bettors can earn perks at several resorts across the world, including personalized offers, dedicated windows at BetMGM sportsbooks, discounted and comped rooms, and more.

3. Rush Rewards, BetRivers Sportsbook

Players at BetRivers Sportsbook earn points with online sports bets that can add up to bet credits and other prizes through Rush Rewards. Placing more bets increases your loyalty level and loyalty points for bonus wheel spins, digital scratch cards, bonus money, guaranteed bingo tokens, and bonus sports bets and profit boosts.

4. Crowns, DraftKings Sportsbook

Each sports bet you make at DraftKings Colorado Sportsbook earns Crowns. Those Crowns can earn DK Dollars, AKA promotional dollars that can be used anywhere on DraftKings, and other rewards.

5. Rewards, PointsBet Sportsbook

This program is basic and straightforward: The more you bet, the more bonus you earn. Reward Points are calculated based on the type of bet and the wager amount, with more points earned for parlays. There’s also the potential for lots of award points from using the PointsBetting feature. In addition, PointsBet has a Platinum Club and then a Diamond Club for its top clients. An invitation to those tiers will net personalized promotions, access to tickets and events, chances to meet PointsBet ambassadors, 24/7 customer service and more.

Major sporting events in CO

All throughout the year, you’ll have plenty of options to consider when it comes to sports betting but here’s a look at some of the biggest drivers at the betting window.

Other sports you can bet on

The list of sports you can bet on doesn’t begin and end with the major team-based sports. There are a number of other markets to explore, some of which see a great deal of action in their own right. This includes golf, darts, international sports, NASCAR and Aussie Rules Football, just to name a few.

There are a number of times when certain sports from will see a ton of betting action. Examples include a major tournament for golf or tennis, NASCAR’s Daytona 500, or a big UFC pay-per-view event.

One other quick note to keep in mind: Not every operator will offer every sport. You can consult the books you plan to play on for an exact list, but the vast majority of them will have a large menu for you to browse through.

Live betting

Wouldn’t it be awesome if you could get some bets in after the action had already started? Thanks to the wonders of live betting, you can.

Also known as in-game or in-play wagering, live betting is one of the fastest-growing parts of the sports betting landscape. It refers to bets you can place in real-time as a contest unfolds.

It’s a fast-moving market in which the offerings will vary based on what’s going on. Typically, you’ll find new opportunities to bet on the outcome of the contest, wagers that resemble props, and bets on certain segments of the game, such as a quarter in basketball or the next drive in a game of football.

Here are a few examples of what you might see:

• Which side will hold the halftime lead: Nuggets or Jazz?
• What will be the outcome of the Broncos’ next drive: TD/FG/punt/TO?
• How many shots will the Avalanche take in the second period: Over/under 8.5?

There’s no need to go to a busy sportsbook to get in on the action with live betting. Online platforms make it super simple to stay on top of the action, and current offerings are generally easy to find.

Live betting is a great way to get additional action on a contest, hedge or double down on your initial positions, or simply become more engaged with the games you love.

Colorado sports betting basics

You’ll have plenty of betting markets to choose from here in Colorado, and the same holds true for the ways you can wager. All of the major bet types are available at the major online and mobile platforms, ranging from the basics to the advanced.

Here’s a quick cheat sheet for the main bet types you’ll have to consider.

• Moneyline: This is a simple bet in which you are simply choosing the winner.
• Point spread: You can take the favorite minus the points, or go with the underdog plus the spread.
• Totals: These are wagers in which you choose over or under a benchmark number of points for the game as set by the sportsbook.
• Props: These are basically side wagers on something that may happen during the game or by its conclusion.
• Futures: These are bets on something that will happen down the road, such as the winner of the next Super Bowl or World Series.
• Parlays: These are wagers in which you include multiple outcomes on a single betting ticket in a quest for greater rewards.
• Live betting: Bets you can place in real-time as the action unfolds on the field of play.

When starting, remember that there’s no need to try to master everything at once. You can start with one or two bet types, build up your skills, and rinse and repeat as your skills advance. It’s worth taking the time to play around with each of the aforementioned bet types to determine which works best for your overall wagering strategy.

Facts about CO sports betting

Since the launch of legal sports betting in May 2020, Colorado has been one of the hottest markets in the country. Here is a snapshot of sports betting in Colorado:

• 21: The current number of online sports betting apps to use, by far the most in the U.S.
• 10%: The amount of the sports betting tax that benefits the Colorado Water Plan. Since the launch, close to $10 million has been contributed to the plan and other beneficiaries.
• $12.1 billion: Total Colorado sports betting handle through July 2023, after three full years of legal sports betting.
• $43.8 million: Total tax dollars collected by the state in that time period.

Complete list of all legal online sportsbooks in Colorado

All legal sportsbooks in Colorado are overseen by the Colorado Division of Gaming, and as such are regulated based on safety, security, and fairness. Here is a full list of all legal sports betting apps currently live in CO:

1. Bally Bet
2. Bet365
3. Betfred Sportsbook
4. BetMGM Sportsbook
5. BetMonarch
6. BetRivers Sportsbook
7. Betsafe
8. Betway
9. Caesars Sportsbook
10. Circa Sports
11. ClutchBet (BlueBet)
12. DraftKings Sportsbook
13. ESPNBet (Penn Interactive)
14. FanDuel Sportsbook
15. NOVIG
16. PointsBet Sportsbook
17. Smarkets
18. Sports Illustrated Sportsbook
19. SuperBook
20. Tipico Sportsbook
21. Sporttrade Colorado

Benefits of regulated CO online sports betting

The biggest benefit of CO sports betting is the fact that it’s legal and regulated. The Colorado Division of Gaming oversees the sports betting market in the state. What does that mean for you? It means you’re protected. If you have a dispute with a sportsbook or an incident arises, you can contact the state to get it resolved. That’s not the case for offshore sportsbooks. If you use an offshore app and encounter a problem, your options to get a resolution are extremely limited. Since Colorado online sports betting is regulated, the various sportsbooks must follow the law or get punished. That gives prospective CO bettors some peace of mind.

Since Colorado online sports betting is legal, there’s also an emphasis on regulated gambling. If you or someone you know ever gets to the point that it becomes a problem, there are avenues in place to get help. One of them is the Colorado affiliate of the National Council on Problem Gambling. Problem Gambling Colorado provides a 24-hour confidential helpline for residents. The Problem Gambling Coalition of Colorado site is available in English and Spanish.

These services are available if they’re ever needed:

• Helpline (24 Hours): 303-662-0772
• Website: problemgamblingcoalitioncolorado.org
• Email: [email protected]

One of the benefits of sports betting in CO is the 10% sports betting tax. This tax goes to the Colorado Water Plan. Given the rising water problems in the state and the western US, the funds from legal sports betting go a long way to help the Colorado Water Plan and everyone in the state.

Colorado sportsbooks near me

Colorado sports betting apps are the most significant piece of the market for the state by far, but residents and visitors can also visit local casinos to bet on sports. Colorado casinos are located three towns nestled in the Rocky Mountains: Black Hawk, Central City, and Cripple Creek. Each offers a unique throwback aesthetic to the casinos of the Old West.

There are ten retail Black Hawk sportsbooks, two Cripple Creek sportsbooks, and on Central City sportsbooks. Here’s where to bet on sports at Colorado casinos: