Best Colorado Sportsbooks November 2024
Our expert selection of the best Colorado sportsbooks with their exclusive welcome offers is the best way to choose where to place your first sports bet in CO.
Updated on : 11/25/2024
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Online Sportsbooks · States · Colorado |
Gamblers all over the centennial state rejoiced as Colorado sports betting became legal in early 2020. Colorado residents and visitors can now bet on their favorite teams with fully regulated betting.
The law extends to anyone who’s staying within state borders. You don’t have to be a resident to participate in Colorado betting sites. This opens up so many opportunities for bettors around the state.
Bookmakers didn’t waste time setting their sights on the fresh Colorado market. Colorado sportsbooks started popping up so fast it seemed they had been there the whole time. Most of these are well-known operators, such as BetMGM and FanDuel.
STATE OF COLORADO SPORTSBOOKS
Each month, legal betting states release information regarding handle (amount of money in accepted wagers), gross revenue, taxes, leading sportsbooks, etc. The latest data from the Colorado Department of Revenue Gaming Division is from August 2024.
Metric | August 2024 |
---|---|
💰 Total Handle | $372,378,664 |
🏉 Gross Sportsbook Revenue | $33,202,184 |
⚖️ Taxes | $2,375,443 |
Come check out other states' sports betting handle and revenue.
CONTENTS
- Best Colorado Sportsbooks
- Colorado Retail Sportsbooks
- Colorado Sports Betting Sites Features
- Colorado Betting Laws
- Colorado Betting: Events & Markets
- Betting on Colorado Teams
- CO Daily Fantasy Sports
- Colorado Sports Betting FAQ
- Colorado Casinos
- Colorado Payment Options
- Final Thoughts
BEST COLORADO SPORTSBOOKS
So, if you are going to get into Colorado online sports betting, you will need to know how to place your bets. And, that means you will need to check out the top sports betting sites in Colorado. Below is a detailed review for each legal Colorado sportsbook and the ones that should come into play soon in order to help you choose the best CO sports betting site for you!
Sportsbook | Current Promotion |
bet365 | |
Fanatics Sportsbook | |
BetMGM | |
DraftKings | |
Caesars | |
ESPN BET |
BET365
bet365 is now live in Colorado! This is an exciting move forward for Colorado-based bettors, as bet365 is one of the most well-known and respected betting brands internationally. Already live in NJ, PA, AZ and other states, this expert sportsbook has featured catering to bettors of all skill sets and styles.
Use our bet365 CO bonus code
Registration required.
FANATICS SPORTSBOOK
Fanatics Sportsbook is now live in Colorado!
By replacing PointsBet in the state, Fanatics is now the sports betting partner of both the Denver Nuggets and the Colorado Avalanche!
If you sign up with Fanatics Sportsbook CO today, you can get the following offer:
Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (CO/DC/IL/KS/KY/LA/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or http://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV). Must apply this Promotion in your bet slip & place and settle $5+ cash wager with odds of - 200 or longer to get a Bonus Bet match (up to $100) each day for 10 straight days. Your 10 days begin the day you sign up. Bonus Bets expire 7 days from issuance. Add'l Terms apply, see Fanatics Sportsbook app.
BETMGM
Already crushing it in NJ, IN, WV, AZ, TN, and more, along with the MGM Resorts in Vegas, BetMGM is another great online sportsbook that launched on May 1st after having secured its betting license in Colorado. With a great sportsbook app available and years of gambling experience, BetMGM Sports is a great addition in the Rocky Mountain State.
(Exclusive offer has a 10x wagering requirement. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.)
Last Updated November 25, 2024 10:38 AM ET
DRAFTKINGS
DraftKings Sportsbook is already one of the top sports betting sites in states like New Jersey, Indiana, West Virginia and more. Now, DraftKings has launched in Colorado as one of four first-movers. Already, it's clear that the roll-out of DraftKings Sportsbook and the sports betting app in the state went smoothly.
The website has some of the most trusted betting odds that you can find on an online sportsbook. And, it is very easy to place your bets on the online sportsbook and the sportsbook mobile app.
New players and eligible visitors can redeem the DraftKings promo code offer which is
CAESARS
Just like Circa, Caesars has a strong background in retail sports betting not only in Vegas but as one of the biggest sportsbooks in the UK. Joining the NJ betting landscape early on, Caesars has proven that their retail expertise carries over into the online betting world. Having secured a license already in CO, Caesars Sportsbook will be a welcome addition to the state.
ESPN BET
The ESPN BET promo code is now live in Colorado thanks to a partnership with PENN Entertainment!
By using our ESPN BET promo code code
It's no surprise that the biggest name in sports and entertainment has one of the better mobile sportsbook apps on the market, which is what everyone expects. We're also seeing that Hollywood Casino is partnering with ESPN BET in select states, so if you live in an online casino state, check them out.
FANDUEL
FanDuel Sportsbook is another sports betting website that has fans across the country and has just launched in Colorado. So, you can expect to find Colorado sports fans flocking to the site now that it is live in Colorado. And, you can expect these fans to snag the amazing promotions like sportsbook welcome offers promoted by the site.
FanDuel is a site that is very similar to DraftKings, both in application and origin. So, you can expect the betting odds you find on the site to be very accurate and reliable. And, you can place you
BALLY BET
Bally Bet is now live in Colorado, and users can get access to a platform informed by the years of experience with partner, FOX Sports. Now that Bally Bet is a live app and website in several states, they've started to roll out a bunch of features and a worthwhile welcome offer for new users.
BETFRED SPORTS
Betfred Sports has partnered with Saratoga Casino Black Hawk in Colorado to provide both retail and mobile betting. The sportsbook will be branded as Betfred Sports and powered by betting platform provider Optima. BetFred Sports operates over 1500 betting shops in the UK. You can place bets on almost every sport, including esports, MMA, entertainment, and politics.
BETWAY
Betway offers bets on everything from pro football to table tennis and more. Bettors living in or traveling to the Centennial State will find a solid, easy-to-use platform for smartphones and computers in Betway, which offers a $250 bonus-back bet for new users. They have been live in Colorado since June 2021.
BETR
Betr is a unique micro-betting experience founded by boxer Jake Paul. While players in Colorado can't use a Betr promo code just yet, the sportsbook has gained market access in the state for future launch.
Stay tuned for more!
SMARKETS (SBK SPORTSBOOK)
Smarkets partnered with Nasdaq-listed Full House Resorts to offer online sports betting via SBK sportsbook in Colorado. Smarkets offers a betting exchange platform that pairs bettors against each other, creating their own markets. You will find betting tips, see who is on a hot streak, and be able to compete with your friends.
CIRCA SPORTS
Now, Circa Sportsbook is best known for its retail location at Golden Gate Casino in Vegas. This storied bookmaker is widely considered to offer some of the lowest holds on sporting events; sometimes even less than half. That means more money in the player's pocket! Having already secured a CO betting license, Circa Sports has been testing their app in several states, to solid success. If you want a no-fuss platform that cuts straight to the chase with competitively priced odds and a good selection of markets, Circa may be a good option for you.
Check out current offers in Colorado and how each sportsbook stacks up below!
Operator | ||
BetMGM CO | (10x wagering requirement. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.) | |
FanDuel CO | (T&C’s apply, 21+) | |
Fanatics CO | (T&C’s apply, 21+) |
COLORADO SPORTS BETTING SITES FEATURES
Operator | In-Play Betting | Live Streaming | Parlays | Same-Game Parlays | Prop Bets | Loyalty Rewards Program | Mobile App |
BetMGM | |||||||
Caesars | |||||||
SI Sportsbook | |||||||
Betfred | |||||||
FanDuel | |||||||
Betway | |||||||
Fanatics |
COLORADO RETAIL SPORTSBOOKS
Colorado burst onto the scene with legal sports betting in early 2020. Partnerships between mobile sports betting operators and in-state casinos were quickly formed. Most of the state’s land-based casinos are based in Blackhawk. There is a smaller number of retail gaming venues in Cripple Creek.
DraftKings partnered with Golden Glitch while FanDuel has ties to Golden Gates. Both retail books are located in the Blackhawk region. Las Vegas-based Circa Sports opened a retail sportsbook in Cripple Creek as part of an alliance with Century Casinos.
Last Updated November 25, 2024 1:26 PM ET
COLORADO BETTING LAWS
With betting laws changing throughout the United States on any given day from state to state, many are curious about the legality of gambling. So, it is a good idea to look up the gambling laws and legislation for any state you will be residing in or visiting. Luckily, it is quite easy to find out the status of Colorado online sports betting.
As of May 1, 2020, sports betting is legal in Colorado as long as you place legal bets with a licensed sports betting operator within the borders of Colorado. Sports betting is only legal if you're betting at a licensed sportsbook authorized by the state of Colorado, in fact offshore sportsbooks are not legal in Colorado.
However, not all forms of gambling are legal in Colorado just yet. Unlike sports betting, online casinos are still illegal. No legislation has been approved yet to change the laws about online casinos in the state.
Types of bets that you can place will be listed on each individual sportsbook. You can find retail sportsbooks at brick-and-motor locations or use an online sportsbook for your online sports betting needs. However, you must make sure you are of legal gambling age in the state in order to place a legal bet.
COLORADO BETTING: EVENTS AND BETTING ODDS MARKETS
While major league games will always dominate the markets, many Colorado betting sites are also offering oddball competitions. Nowadays, players have more betting options than ever.
You will also want to learn about the events that Colorado sports fans tend to place their bets on. These big events are great times to place your sports bets because many online sportsbooks offer promotions around them. So, you can place your bets and earn a little extra if you use a promotion to do so.
The world of online sports betting has become more diverse thanks to the new laws. A large part of the sub-category games consist of minor leagues and uncommon sports. For example, water polo was barely a thing until people could wager on it. The new betting law has brought these games to life.
POPULAR COLORADO EVENTS
Here are some of the events you can bet on with most Colorado sportsbooks:
- NFL Betting - Pro Football
- NCAA Football Betting - College Football
- NCAA Basketball Betting - College Basketball
- MLB Betting - Major League Baseball
- NBA Betting - Pro Basketball
- NHL Betting - Pro Hockey
- MLS Betting - Pro Soccer
- Tennis Betting - US Open and other Grand Slam tournaments
- Golf Betting - PGA, Masters
- Boxing & MMA Betting
- Field Hockey Betting
- Volleyball Betting
Some less common events that are still action-packed:
- Winter athletics (these include snowboarding and skiing)
- Swimming (mainly Olympics)
- Bowling (only professional league)
- eSports
- Water Polo
- Rugby
COMMON TYPES OF SPORTS BETS
There are many common types of bets that you can wager your money on when using an online sportsbook or retail sportsbook. The most common type of bet that you will find is an outright win bet. An outright win bet is when you choose the outright winner of the sporting event or game that you are betting on.
Other common types of bets that you can place your money on are prop bets, which are bets placed on occurrences in the sporting event that have no impact on the final outcome. Prop bets can be fun bets to place because they allow you to engage in the action of the game in a different way. Also, you can place bets on who will be leading at halftime, which player will be the first to score and more.
When playing at major Colorado betting sites, there are a few types of wagers you’ll see time and again. They are often players’ choice for fast and impactful action.
- Moneyline: these are straight bets that payout for the outright winner. It’s the most common wager at all sportsbooks. Each team goes in with preset odds. They’ll have to win outright in order to earn a payout..
- Over/Under: when betting, if you can’t decide who’s going to win, bet on the total scores instead. This option is easier to play than moneyline as you don’t have to worry about your team losing.
BETTING ON PRO SPORTS TEAMS IN COLORADO
Colorado isn’t short of professional sports teams and major league monsters. Finding a great team to follow and invest in their success isn’t the hardest thing to do.
As sports betting is official, the action is pouring in from the most popular operators. They specialize in both major and minor leagues, including other less common sports.
One fun fact about Colorado is that Denver happens to be the smallest city in the United States that has four major professional sports teams. These teams are the Denver Broncos football team, the Denver Nuggets basketball team, the Colorado Rockies baseball team, the Colorado Avalanche hockey team as well as the Colorado Rapids soccer team. So, you can see that there are a lot of Colorado sports teams for you to place your bets on when it is legal to in the state.
You’ll find prominent events, including the NFL, NBA, NHL, and MLB, across all Colorado betting sites. Their games come in varying odds and payouts, so find a bookie that fits your budget. One of the best ways to enjoy the Colorado sports betting major league action is by betting live. It adds to the intensity of rooting for your team.
NFL BETTING
The NFL has dominated the market for decades and will continue doing so for years to come. If you’re a football fan, this is the best time to get in on the action. Most of the best Colorado sportsbook operators will cover games from pre-season to the Super Bowl. The tricky part is finding the one with the best NFL odds.
Betting on the Denver Broncos
Broncos fans bleed orange. Only a true follower is familiar with that phrase. The Denver Broncos are Colorado’s only NFL team with eight Super Bowl appearances. They won three of those, including the unforgettable game against the Carolina Panthers in 2015. It was the last game living legend Peyton Manning ever played.
NBA BETTING
Basketball is the most prominent sport to bet on, next to football. The NBA has some of the greatest action in the sports betting market.
They also dominate the mobile platforms. You’ll find some great odds on Colorado betting apps that either are a part of a bookie or operate on their own.
Betting on the Denver Nuggets
The Denver Nuggets are Colorado’s state basketball team. They have made 26 playoff appearances, so you can count on them to pull through mid-season. After many years of trying, the Nuggets finally won a championship in 2023.
NHL BETTING
Colder states like Colorado have lots of ice hockey fans. The NHL is gaining more attention now that Colorado sports betting is legal. There’s a lot of action in these games, including exciting side bets.
Many Colorado betting sites extend beyond national leagues for ice hockey. It’s something to look out for when hunting for good odds. You can bet on NHL games on mobile as well. Some Colorado betting apps provide mainstream wagering options like puck line and over/under.
Betting on the Colorado Avalanche
Commonly known as the Avs, the Colorado NHL ice hockey team has had some volatile years. With 25 playoff appearances and two championships under their belt, the Avalanche are a solid moneyline choice.
MLS BETTING
With the rise of sports betting in the Centennial State, the action on MLS is better than ever. You’ll find a wide variety of odds across the most popular Colorado sportsbooks.
Betting on the Colorado Rapids
Colorado soccer only needs one team, and that’s the Rapids. With two MLS Cup appearances and one championship, the Rapids can hold their own in mid-season matchups.
OTHER COLORADO TEAMS TO BET ON
The sports betting offer includes more than just major league games. Some oddball sports are hidden gems tucked away in the dark corners of operating sportsbooks. You can find some amazing betting lines in these games if you look hard enough.
- Lacrosse - Denver Outlaws, CO Mammoth
- Rugby - CO Raptors, Glendale Merlins
- Indoor Football - Denver Aviators, Wildcats
BETTING ON COLLEGE FOOTBALL
College football is almost as big as the NFL, and the NCAA is home to the hottest sports betting action.
One big match-up every year for sports gamblers in Colorado is the Rocky Mountain Showdown, when the Colorado Buffs and Colorado State Rams face each other in college football.
- Air Force Falcons
- Colorado Buffaloes
- Denver Pioneers
- Northern Colorado Bears
BETTING ON COLLEGE BASKETBALL
Colorado sports betting has a huge NCAA basketball market. These games have decent odds range on most Colorado sportsbooks.
DAILY FANTASY SPORTS IN COLORADO
Daily Fantasy Sports, or DFS, was legal even prior to the legalization of Colorado sports betting. It’s always been a skill-reliant game, so it’s legal in most states. With the recent relief on gambling restrictions, however, betting in Colorado now has more high-stake options for DFS.
The power of creating your own team is the main appeal of Daily Fantasy Sports. Colorado sports betting sites like FanDuel and DraftKings were among fan-favorites long before they came to the state. Now, the biggest Colorado betting sites are available for local players, including Yahoo and Fantasy Draft. Each of them also have their own Colorado betting apps for more convenience.
Betting in Colorado has never been more diverse thanks to the complexity of DFS. Some Colorado sportsbooks give bonuses based on individual scoring against certain teams. Combine that with some live game betting, and you’ll have yourself a busy day.
COLORADO SPORTS BETTING FAQ
You may still have some questions about Colorado online sports betting. If so, here are some answers.
ARE SPORTS BETTING SITES LEGAL IN COLORADO?
Yes! Colorado legal online sports betting started in May 2020. When the United States Supreme court overturned PASPA (the Professional and Amateur sports protection act) in 2018, that opened the door for legal sports betting across the United States. In fact, each state now has the ability to pass its own legislation regarding sports betting and online sports betting.
WHAT ONLINE SPORTSBOOKS ARE LEGAL IN COLORADO?
The list of legal online sportsbooks in Colorado includes FanDuel, Fanatics Sportsbook, DraftKings, BetMGM, Caesars, Betfred, and many more.
WHAT DO I NEED TO REGISTER AT AN ONLINE BETTING SITE IN COLORADO?
You will need to be of legal gambling age to participate in online betting in Colorado. And, you will need to have a legal address in the state to sign up for an account on an online sportsbook. You will need to provide personal information when creating a new account on an online sportsbook.
IS IT SAFE TO DEPOSIT MONEY ON SPORTS BETTING WEBSITES IN COLORADO?
It will be safe to deposit money at a sports betting website in Colorado if you use a trusted name when choosing your online sportsbook. Proven online sportsbook operators can be trusted to keep your money as safe as possible.
CAN I SET BETTING LIMITS?
Most online sportsbook websites and sportsbook apps allow you to set betting limits on your accounts.
COLORADO CASINOS
The majority of casinos reside in Central City, Cripple Creek, and Black Hawk. Some of the most visited spots include Ameristar, Golden Gates, and Lady Luck casinos. You can find a lot of Colorado sports betting action there, too.
While the best casino apps are not available in Colorado at this time, social casinos are a popular choice among casino fans in the state. WoW Vegas is one of the best social casinos out there. If you ever travel to a state with legal mobile casino gaming, be sure to check out our review of the best online casino deposit bonus offers available before signing up for an account.
COMMON PAYMENT OPTIONS
Typically, online sportsbooks and online sportsbook apps accept very similar forms of payment. So, you can expect to use a similar form of payment when you are engaging in Colorado online sports betting when it is legalized. And, you should be able to find a form of payment that you are comfortable with.
You can usually pay with the following forms of payment on an online sportsbook and sportsbook app: -Credit and debit cards, usually Visa Card and Mastercard.
- PayNearMe cash payment
- Cash at Cage cash payment at a connected retail casino or sportsbook
- ACH transfer
- Online banking
- eCheck
- PayPal/eWallet
As you can see, you should be able to find a form of payment that works for you. And, that will make it even easier for you to start with Colorado online sports betting. Plus, you will want to check out the ways for you to withdraw money when you win your bets.
FINAL THOUGHTS ON BETTING IN COLORADO
The legalization of sports betting in Colorado was a much needed addition for gamblers in the state. The market has such diversity now that there’s no reason not to try your hand at betting. Betting in Colorado has never been more exciting thanks to an expanding market. From here, things can only improve for us dedicated bettors.
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