Colorado Sports Betting Guide

Colorado sports betting is one of the best emerging markets in the country. The legal sports betting boom started on the edges of the country in Nevada and New Jersey. If you have been to either of these states, you probably know the importance of sports betting. Sports betting marketing is all over the nation, and this is evident in Colorado. Colorado betting is starting to become a force in the United States gambling industry. The casinos offer retail sports betting, and mobile bets are placed all the time.

Best CO sports Betting Sites

1. Pointsbet

Up to $2,000 Risk FREE Bets!

Must be 21+ • Play in New Jersey only • Gambling problem? Call 1-800-gambler. Additional Ts and Cs apply.Not Valid with any other offer. You are eligible for one (1) bonus per person, Account, household, residence, address (but not a PO Box or business address), internet connection (for example IP address), computer, mobile device and payment method (for example, a specific credit card or bank account.) Unless otherwise stated, Risk Free promotions are capped at a maximum refund amount of $500 for Fixed Odds and $1,500 for PointsBetting ($2,000 total).

2. BetMGM

Risk free first bet up to $1000!

21+. Gambling problem? Call 1-800-gambler. This Sports Promotion is open to players located in the applicable state at the time of wagering, aged 21 years, and placing first deposit on their online BetMGM Sports account between 8/9/21 – 12/31/21. To claim this Sports Promotion, you must deposit a minimum of $10 in to your account and place, as your first real money bet after opening your account, any sports wager. Only the first $1,000 of the first wager are eligible for this promotion. Free Bets can only be redeemed via Online or App and must be used within 7 days of them being credited to your account. Free Bets cannot be redeemed for cash at any time. 21+. T&C Apply.

3. Bet365

Bet 1$ & get $200 in free bets!

21+. Gambling problem? Call 1-800-gambler. Deposit required. Free Bets added to Free Bet Credits balance. Free Bet risk excluded from returns. T&Cs, time limits and exclusions apply.

4. BetRivers

100% Match on Your First Deposit up to $250!

All New Account holders will be able to use a first time bonus code on their first deposit. . All Bonus Money can be wagered on slots, video poker games, or sports and all Bonus Money has a 1X play through requirement. The offer is to deposit and receive a 100% match up to $250 in Bonus Money. Must be 21+. Play in Pennsylvania only. Gambling problem? Call 1-800-gambler. T&C Apply.

5. SugarHouse

First Deposit Bonus: 100% up to $250

Must be 21+ • Play in New Jersey only • Gambling problem? Call 1-800-gambler. Players must make a single deposit of $10+ using an eligible bonus code at the time of first deposit. · The Bonus Money has a 1x play through requirement. T&C Apply. 21+

6. SI Sportsbook

Bet $10 Get $50 in Free Bets

First deposit only | 21+ and located in CO | No promo code required | A qualifying bet is $10 or more | Min odds of -200 | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? CO: CALL 1-800-522-4700 | Full T&C apply

7. MaximBet

Up to $1000 Free!

Make a minimum first-time deposit of $10 and receive a 100% match up to $1,000 in Free Bet Credits.Your qualifying deposit for this promotion is non-withdrawable until the 5X wagering requirement is fulfilled on markets with minimum odds of -200. Any bets placed on markets with odds lower than -200 will not count towards the rollover. Free Bet Credits will be credited to the player’s balance within 72 hours of making the deposit. The free bet credits will appear in the player account after real money deposit has been rolled over 1x. Must be 21+. Play in Colorado only. Gambling problem? Call 1-800-522-4700

DraftKings

8. DraftKings

Get a Deposit Bonus up to $1,000

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER. 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 customer must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000). Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their customer account. 21+.

If you want to bet in Colorado, the options are endless. Some states have limited wagering options, but this is not the case in Colorado. You will never be bored betting in the Centennial State. Sports betting was legalized throughout the United States in 2018 when the Professional and Amateur Sports Protection Act was shot down. This news story consumed the news, so you may have heard of it, even if you had never placed a bet before.

New Jersey led the fight for legal sports betting in the United States. The hard work from lawmakers came to fruition after over a decade of fighting. It took Colorado an extended period to legalize sports betting, but the industry exploded when they passed the legislation.

People in Colorado love their sports. This is one reason why Colorado betting has boomed. Additionally, the state has four professional sports teams. If you’re from CO, you probably love the Broncos, Avalanche, Rockies, and Nuggets.

Each team is usually competitive, which gives people a reason to place bets in the state. Lawmakers also support sports betting, so this helps the state thrive. There are tons of operators and a great selection of retail sportsbooks.

We are sure you’re itching to start betting on sports in CO. Although if you want to bet the right way, keep checking out our guide. We’re going to break down everything you need to know to have a great experience betting on sports in the state. We will dive into some history, discuss the top books in the state, and tell you all the important rules to have a terrific time wagering. Are you ready to be a Colorado betting expert?

Move to the next section to learn about some of our great state’s sports betting history.

In case Colorado is not the state you are located in, don’t worry we have you covered. You may want to check some of the other betting guides our betting professionals gathered.

Sports betting is not only legal in Colorado. The sports wagering business is thriving in the state, and it has shown no signs of coming to a halt. Colorado is such a lucrative market that sports betting operators are trying to continue entering the state.

This massive market has given Colorado betting a leg up on restricted jurisdictions. Sports betting in CO is surging now, but the growth began in 2019 in the legislature and amongst residents.

Sports betting was proposed in the state through Proposition DD, the Legalize Sports Betting with Tax Revenue for Water. Voters narrowly approved this margin in 2019.

There are 33 casinos that are eligible for Colorado betting licenses. They all were able to apply to offer both retail and mobile skins. If you live in CO, you know the magnitude of wagering in the state. Sportsbooks do a lot of marketing to attract CO bettors. This started once sports betting went live in May of 2020. Mobile sportsbooks went live before retail betting facilities because of the COVID-19 pandemic.

People clung to sports gambling very quickly in the state, but Colorado betting took off once the 2019 soccer season arrived. This also coincided with retail casinos opening and the launch of retail sportsbooks. Sports betting is legal in CO, and it’s here to stay. If you’re interested in getting involved in sports wagering, now is the perfect time in Colorado.

How to Start Betting in Colorado

It’s easy to get involved in Colorado betting if you have an interest. There are tons of great bonus opportunities for you to win big in the state. If you want to place a retail sports bet, you must go to a sportsbook at one of the casinos. Retail sports betting is all about the experience, but it’s not very convenient because you need to travel to a casino. However, it’s very fun betting on sports in person because you get to be around other bettors who are going through the same experience.

To bet at a casino, you just have to travel to the sportsbook and be 21 years of age. The easiest way to wager on sports in Colorado is to do it through your mobile device.

If you want to place a mobile sports bet, proceed to the App or Google Play store and download your sportsbook of choice. There is no restriction on the number of books you register for in CO. It’s best to use a few books so you can line shop and take advantage of the mega bonuses. Once you download the sportsbook, click register and enter the required information.

Once you’re verified, your account is ready to be used. The final step is to make a deposit into your new account and place a bet. It may take a few wagers to understand Colorado betting, but you will catch on quickly.

Which are the Best Licensed Sportsbooks in Colorado

The best-licensed sportsbooks in Colorado are DraftKings and BetMGM. These two books stand above the rest for their awesome markets and great bonuses. Bonuses are the best because the sportsbooks give you house money.

House money is great because it’s impossible to lose. DraftKings and BetMGM will frequently toss you big betting bonuses to win big. These sportsbooks reward new users and recurring players.

Not all sportsbooks in Colorado were created equal. You will not be disappointed with these two platforms. We guarantee it!

Colorado Gambling Regulations and Rules

Colorado betting rules are standard amongst other legal jurisdictions in the United States. As a bettor, you really do not have much to worry about besides the age and location regulations.

To bet in CO, you must be 21 years of age and located in the state.

Sportsbooks guarantee your location by using your phone’s GPS tracking software. You must be located within state borders to register and place a bet. Books identify your age through your social security number.

Casinos and pay an 8.5% tax on retail bets and 13% for all mobile wagers. Racetracks are forced to pay an additional 1.25% for mobile wagers than casinos. They are subject to the same fee for retail betting.

Casinos and racetracks can have up to three mobile skins operating from their license. The state charges $100,000 for the initial fee, and then internet betting operators are charged an additional $400,000. The final fee is $250,000 for responsible gambling.

Licenses Recognized in Colorado

There are tons of sports betting operators in CO that you can choose from as a bettor. Here are some of the best books that you can use for Colorado betting.

Organizations that Operate in Colorado

Sports betting is a lot of fun, but it can get out of control. If this becomes the case, CO has plenty of options to help you get back on track. The Problem Gambling Coalition of Colorado is here to help if you need support.

They offer resources to educate you on problem gambling and support for people facing gambling addiction. This organization deals with all types of Colorado betting addiction.

The organization works with people in the state to show gambling can turn into a problem and that there is hope. They help treat people recovering from gambling addiction.

How to Know a Sportsbook is Safe

The sportsbooks in Colorado are very safe. If you play on one of the regulated books in the list above, you should have no fear. Stay away from unregulated books or bookies in CO. You may encounter issues.

What to do if You Encounter any Problems

If you encounter problems with a regulated sportsbook, you should call their customer service team. They will help fix any issues you may face. Colorado betting sportsbooks usually offer real customer service representatives for you to speak with when facing issues. This makes things very easy if you face an issue on a sportsbook. Problems are rare, but you will easily have your issues fixed in the state.

Available Sports in CO

We provide betting picks for free and from professional handicappers on Basketball, Soccer, Ice Hockey, Baseball, and Soccer, including MLS and international leagues and tournaments. Of course, we cover all major leagues in the U.S., NBA, NFL, NHL, and MLB. Don’t forget to compare the odds between the different sportsbooks we’re partnered with before you place your bets.

Frequently Asked Questions (FAQ)

Yes, it’s legal to bet on sports in Colorado. Sports betting launched in May of 2019.

You can bet at a retail sportsbook or through your mobile device. There are tons of betting options in the state.

The casinos in the state offer retail sportsbooks.

You must be 21 years of age to bet on sports in the state.

No, you can register for as many sportsbooks as you want in the state.

No, offshore sportsbooks are not safe to use in the state. There is also no reason to use an offshore book because of the number of legal betting options.
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