Elite Sportsbook Colorado Review and Bonuses

Disclaimer: Elite Sportsbook shut down its sports betting operation in Colorado on June 30, 2023. Here is a look at our favorite online sportsbooks to sign up with in Colorado as of June 18, 2024. 

Top Colorado online sportsbook in June

Elite Sportsbook launched in Colorado in 2020 with a fantastic desktop and mobile betting platform. The operator prides itself on running simple sites with customer service at their core, and that’s exactly what we experienced when trying the CO sportsbook.

Sports betting in Colorado launched on May 1, 2020, with more than 20 companies offering or planning to offer sportsbooks. Elite Sportsbook wasted no time getting its site ready for players.

The sportsbook is set to provide a great welcome offer for all new players in the state. Players may receive a two-part promotion from the operator in the near future, including a deposit match and a bonus bet. Read on to find out more about Elite Sportsbook in Colorado, and its soon-to-arrive bonus offer.

What’s great about Elite Sportsbook:

  • Unbeatable customer service.
  • 50% match deposit offer up to $500.
  • 100% bonus bet up to $500.
  • Fast sign-up process.

Elite Sportsbook Colorado sign up bonus

Elite Sportsbook is likely to run a great two-part promotion for new players in Colorado. We expect new sign-ups to receive both a deposit match bonus and a bonus bet offer. You won’t need to enter a bonus code to claim the promotion, though if that changes, we’ll update you here.

The operator’s deposit match offer is likely to be a 50% match of your first deposit up to the value of $500. The sportsbook has offered this in the past, and we’re confident it will relaunch the promotion again in the near future. This means you’ll receive half of your deposit again in the form of bonus cash to use on the site! The free cash bonus will be added to your account immediately after sign-up and account verification, and you’ll have seven days to use it.

Elite will add the winnings from the bonus cash to your account balance, ready for you to withdraw. The maximum payout odds to use the cash are +300, and you can use the bonus on straight wagers, parlays, progressive parlays and teasers.

The second part of Elite’s welcome bonus will likely entitle you to a 100% bonus bet up to $500. If your account is down on cash after seven days, you’ll receive a refund on your net losses up to the value of $500. This is a great way to try out the sportsbook without risking your own cash. The maximum payout odds to use the bonus bet are +300.

You must deposit a minimum of $10 to claim the welcome offer.

Elite Sportsbook promo code 2024

Colorado users will need the information below in order to successfully redeem Elite Sportsbook’s welcome offer. You won’t need to enter a bonus code — simply follow the instructions from the sportsbook to get started. If things change, we’ll update the table below.

Online SportsbookElite Sportsbook CO
Bonus CodeTBD
Deposit Bonus50% matched up to $500
Risk bonus$500
Last VerifiedAugust 2020

Signing up for an account at Elite Colorado Sportsbook

Players in Colorado can sign up to Elite Sportsbook remotely, from anywhere within the state. You must be at least 21 years old to create an account. Please note that the sportsbook’s welcome offer is only available once per household. Here’s how to sign up.

  • Head through to the Elite Sportsbook site.
  • Click the gold “sign up” button at the top of the homepage. If this doesn’t appear, click the “login” button then choose the “join now”
  • Your location will then be verified by the site to confirm you are within CO.
  • Create a username and password for your account, and enter your email address.
  • Enter your first and last name, date of birth, cell phone number and the last four digits of your Social Security number. The sportsbook will use this to verify your account.
  • Read the terms and conditions.
  • Click to join the site, and deposit a minimum of $10 to claim the two-part welcome offer.

Other Elite Sportsbook promotions and bonus offers

Elite Sportsbook is great at keeping up with its customers’ needs. The operator offers a number of promotions to players new and old to keep your usual bets interesting. Here are a few of the deals you might find on the site. To see the full list for yourself, click the “promotions” link at the top of the homepage. Offers change constantly, so keep yourself up to date to never miss out!

  • Early cash out: Get the chance to sell back or cash out of your wagers for simple, bonus betting, depending on the status of your bet.
  • Progressive parlay: Progressive parlays are exclusive to Elite Sportsbook. Place a minimum four-leg parlay on basketball or football point spreads. If you lose just one leg of the bet, you’ll still receive winnings.
  • Deposit bonuses: Receive deposit bonuses depending on the amount you bet on the site each month. Personalized offers will vary.

Is Elite Sportsbook legal in Colorado?

Elite Sportsbook joined the Colorado online gambling market in 2020. It’s fully legal and regulated by the Colorado Division of Gaming. To create an account legally, you need to be 21 or older. All players must be within Colorado state lines at the time of betting. Elite Sportsbook uses geolocation technology to check the whereabouts of its players.

Elite Sportsbook features

Elite Sportsbook makes betting on your favorite sports easy. The site is well laid out and runs smoothly for a great user experience.

The site’s biggest and best offers run along the top of the homepage to make sure you never miss out on a promotion. You can view a full list of Elite’s Colorado offers by clicking on the “promotions” tab in the navigation menu.

The menu also offers quick links to your account settings, banking, a site FAQ and a contact page. The main section of the homepage is split into three. In the far left, you’ll find a full list of all the sports available at Elite Sportsbook. There’s also a search bar to find your favorite leagues quickly.

Choose a sport to view all the betting options available in the middle section of the site. There, you’ll find all live and future games available to wager on. Select odds to add them to your bet slip at the far right of the page. Add the amount you’d like to wager and change between straight, parlay and teaser bets.

All extra information about Elite Sportsbook is available in the site’s footer. You’ll find links to the house rules, the operator’s responsible gambling policy, troubleshooting and more.

Elite Sportsbook app

Elite Sportsbook has yet to launch its own app. The operator is still working on its final sportsbook product, so we could see one launch in the near future. Most of the biggest sportsbooks out there offer their own Android and iOS apps to users, so to see Elite Sportsbook falling behind is a little disappointing.

The operator has, however, launched a fully functional mobile site that makes accessing the desktop site on a smaller screen easy. The mobile site runs pretty much the same as an app would, but you don’t need to bother installing it onto your device.

Simply launch the Elite Sportsbook site on your phone or tablet to use the mobile site. Log in, place bets and bank as usual. The site works well across Android and iOS devices.

Bet types

The sportsbook offers a pretty standard number of wagers to players. To find out how each option works, visit the “House Rules” page via the footer of the site. This page also details betting formats that may be available in the near future. For now, here’s what you’ll find:

To build parlays, use the “parlay” or “teaser” tabs built into your bet slip. Betting options vary by sport. Click on a sport in the left panel to see all the options available for your choice.

Sporting leagues

Elite Sportsbook CO has a good number of sporting events available to users. Access the full list of available leagues by browsing the left side of the homepage. Here’s what you’ll find:

Live betting at Elite Sportsbook

Elite Sportsbook offers in game betting across a number of sports. Select a sport on the left side of the page to see the live betting markets available. Some sports are yet to have live betting available, but the operator is working on increasing its offering.

While the live betting layout is pretty simple and makes it easier than ever to place bets, it does lack a few features we’re used to seeing. Unlike other sportsbooks, you won’t see live scoring data or any other updates at Elite Sportsbook. We’d like to see this added in the near future to improve the live betting experience for players.

Banking at Elite Sportsbook

Banking methods at Elite Sportsbook are currently very limited. While most sportsbooks offer a good selection of ways to deposit and withdraw, Elite currently offers just two to players in Colorado. The sportsbook is only just finding its feet, however, so it’s likely the options available will increase over time. For now, here’s how to bank at Elite Sportsbook CO.

How to deposit

Players can choose to deposit cash at the casino cage, or using a Play+ card. For those who are unfamiliar, Play+ is a third-party payment provider that allows you to fund a prepaid card via debit, credit or PayPal account. You can then use this card to transfer funds to Elite Sportsbook. Here’s how to deposit funds online:

  • Click the “deposit” tab on the sportsbook’s homepage.
  • Click “deposit” next to the Play+ icon.
  • Enter the amount you’d like to add to your account from your Play+ card.
  • Enter any offer codes you may have.
  • Verify your account details.
  • Click “continue” to process the deposit.

To deposit funds at the casino cage, you’ll need to visit the cashier at Red Dolly Casino in Black Hawk.

How to cash out

Withdrawal options available at Elite Sportsbook are the same. Choose to withdraw at Red Dolly casino, or use Play+.  A Play+ card will be mailed to you after making a withdrawal, and will typically arrive within five to seven days. You can then use the card anywhere Discover is accepted.

Most withdrawal requests take 72 hours to process, and withdrawals made at the casino cage receive priority review. Occasionally, documentation may be necessary to verify your account before a withdrawal can be processed. Check your email folders for documentation requests if a withdrawal has taken more than 72 hours.

Elite Sportsbook customer support

Elite Sportsbook puts customer support at the heart of its sites, and it really does show. Getting help at Elite Sportsbook CO is super easy. To get started, click on the FAQ tab at the top of any page. We like that Elite is confident enough in its support to feature on the homepage, rather than hiding it away like some online sportsbooks.

The FAQ has a search bar at the top of the page to help you find specific answers quickly and without problems arising. There’s also a list of categories to browse if you’d prefer, including account information, banking information, responsible gambling and more.

In some instances, you may not find the answer you’re looking for on the FAQ page. If this happens, navigate back to the homepage and click the “contact us” button. You’ll then get the choice to contact Elite via live chat, phone or email.

Live chat is the fastest option by far. Players can see where they are in the queue to speak to an operator, though getting through is usually instant. The customer service team is very friendly and happy to help.

Alternatively, call the player helpline on 1-844-777-4238. You can also direct all non-urgent inquiries to [email protected].

History of Elite Sportsbook

Elite Sportsbook is owned by Elite Casino Resorts, a U.S. company that runs both resorts and online betting in Colorado and Iowa. The company received the go-ahead to launch an online sportsbook in CO back in July 2020, and later announced it would partner with Red Dolly Casino to help with banking and offering unique promotions.

Responsible gambling at Elite Sportsbook CO

Elite Sportsbook puts its customers front and center in everything it does. With that in mind, it’s no surprise the operator takes its responsible gambling policy very seriously. You can see the full page by scrolling to the footer of the sportsbook site, but we’ve broken it down for you here.

The sportsbook offers a number of tips to players on how to spot gambling addiction. It also includes websites and phone numbers of organizations specifically within Colorado that players can reach out to.

On top of this, Elite Sportsbook suggests players should set limits to maintain a fun and safe environment when betting online. You can set deposit, spending, and time limits on your account by visiting your account settings. You can set these on a rolling daily, weekly, or monthly basis, and you cannot change this until the time limit you set has expired. Limits go into effect no later than the time of your next login.

The operator also offers timeout periods for all players. These breaks are split into two:

  • Timeout period: Temporarily suspend play for one to 14 days.
  • Extended timeout: Take a break for 60 months or more.

Should you wish to permanently close your account, email the customer service team with the subject line “Permanent account closure.” You’ll need to provide documentation to verify your identity, and you’ll receive an email confirmation when your account has been successfully closed.

Our conclusion on Elite Colorado Sportsbook

Though Elite Sportsbook is still new to the market, the site in Colorado looks promising. Make an account to receive a fantastic two-part welcome offer, then continue playing to receive further promotions as you go along.

We like that the site is a little stripped back and raw — it’s everything a simple yet effective sportsbook needs to be. Its list of sports and betting markets is good, and we like that the website is split into three easy-to-navigate sections.

Elite Sportsbook’s customer focus is something we’d like to see every sportsbook adapt. We like that the site’s help pages are easy to access and full of information, and that it’s easy to get in contact with a member of Elite’s support team. The operator’s responsible gambling section is up there with the best, too.

There are a few things that we’d like to see change over time. The operator needs to offer a few more banking options, and we’d like to see an app launch in the near future.

Regardless, Elite Sportsbook is a great site for anyone looking to get involved with sports betting in CO. Make sure to get involved with the two-part welcome offer when it’s released by heading through to the site and clicking on the promotions tab.