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Best Colorado sports betting sites 2023

Rank
Sportsbook
No Deposit Bonus
Features
Play
1
UP TO $1,000
In Bonus Bets
Top Features
First Bet Safety Net up to $1,000, or 
Bet $5, Get $150 in Bonus Bets
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Use Bonus Code: LSRCO
New Users Get up to $1,000 Bonus at Bet365
2
UP TO $1,550
In Bonus Bets
Top Features
Up to $1,500 Paid Back in Bonus Bets
PLUS a $50 Bonus Bet Win or Lose
Free Live Streaming – Watch Live Games 
Use Bonus Code: LSR50
Get Up to $1,550 in Bonus Bets
3
$1,000 FIRST BET
On Caesars
Top Features
Up to $1,000 Bonus Bet if Your Bet Loses
Stream NFL Games In-App for Free
21+ Gambling problem? Call 1-800-GAMBLER
Use Promo Code: LSR1000
Get up to $1,000 at Caesars Sportsbook
4
$250 BONUS
2nd Chance Bet
Top Features
Up To $250 in Bet Credits
ONLY 1x Play Through!
Use Exclusive Affiliate Code: LSRRIV
Get Up to $250 Bonus At BetRivers Sportsbook!

What’s happening in Colorado sports betting right now

Colorado Sportsbook Promos Today

NFL AP MVP
Mahomes Wins AP MVP
+150
+350
33% Boost
BET NOW
NBA WARRIORS VS. KINGS
Sabonis Over 19.5 Points & Over 14.5 Rebounds
+215
+275
28% Boost
BET NOW
NHL LIGHTNING VS. COYOTES
Keller Scores Goal & Records Assist
+400
BET NOW
NBA HOME COURT BOOST
Nets, Cavaliers, Knicks, Timberwolves All Win
+475
BET NOW
NHL BLUES VS. WILD
Blues Win 4-1
+2600
BET NOW
NBA ROCKETS VS. MAVERICKS
Irving Over 24.5 Points & Doncic Over 9.5 Assists
+285
+375
32% Boost
BET NOW
NHL HURRICANES VS. FLYERS
Hurricanes Win 4-2
+2000
BET NOW
NBA HAWKS VS. CAVALIERS
Mitchell Over 24.5 Points & Garland Over 1.5 Made 3-Pt FGs
+165
BET NOW
NHL KRAKEN VS. BLACKHAWKS
Bedard Scores Goal & Records Assist
+500
BET NOW
NBA BULLS VS. CELTICS
Brown Over 24.5 Points & White Over 2.5 Made 3-Pt FGs
+325
BET NOW
NHL PANTHERS VS. MAPLE LEAFS
Nylander Scores Goal & Records Assist
+225
BET NOW
NBA CHEF & KLAY
Curry Over 29.5 Points & Thompson Over 2.5 Made 3-Pt FGs
+175
BET NOW
NHL GOLDEN KNIGHTS VS. OILERS
Golden Knights Win 5-2
+1900
+2400
26% Boost
BET NOW
NBA RAPTORS VS. NETS
Siakam & Barnes Each Over 19.5 Points
+400
BET NOW
NHL ISLANDERS VS. DEVILS
Islanders Win 4-1
+2300
+2600
13% Boost
BET NOW
NBA EMPIRE STATE
Brunson, Randle, Barrett Each Over 19.5 Points
+400
BET NOW
NHL PENGUINS VS. PREDATORS
Penguins Win 4-2
+1900
+2200
16% Boost
BET NOW
NBA THUNDER VS. TIMBERWOLVES
Towns Over 24.5 Points & Over 9.5 Rebounds
+200
+260
30% Boost
BET NOW
NHL PANTHERS VS. MAPLE LEAFS, ISLANDERS VS. DEVILS, HURRICANES VS. FLYERS
No Goal in First 10 Minutes
+1100
BET NOW
NBA BUCKS VS. HEAT
Lillard Over 29.5 Points & Antetokounmpo Over 9.5 Rebounds
+195
+225
15% Boost
BET NOW

DISCLAIMER

Legal Sports Report does not promote or endorse any form of wagering or gambling to users under the age of 21. This site encourages responsible gambling and provides advice for anyone who believes they, or someone they know, may have a gambling addiction.

Comparing top Colorado sportsbooks

Deciding where to place a bet in Colorado is a subjective choice with many elements in play. Site navigation, available sports betting promos, and other unique features will all play a role in your choice. Here’s a brief look at where Colorado apps shine, plus reviews of the top sites in the state:

1. Bet365 Colorado

European sports betting company Bet365 arrived in Colorado in September 2022. The betting options are plentiful, and the odds are competitive on this app. It also boasts plenty of live-betting features, display personalization, and is known to provide daily bets and super boosts. Occasional hiccups can happen when navigating between the betting sections, however.

with Bet365 promo code LSRCO

2. BetMGM Colorado

BetMGM offers more sports to bet on than almost any other sportsbook app. Furthermore, the “edit my bet” function allows you to increase your wagers, change the teams on the bet, or even add legs to a parlay. One of the top choices in Colorado, this app’s only issue is that navigating can be a bit unwieldy.

with BetMGM bonus code LSR50

3. Caesars Colorado

Caesars has a deep list of sports you can bet on and extensive gambling provider experience. Also well known for its casinos and hotels, bettors can participate in the Caesars Rewards program, which provides redeemable points for rewards at company locations. However, Caesars could improve its app presentation and navigation a bit.

with Caesars Sportsbook promo code LSR1000

4. BetRivers Colorado

BetRivers is the sportsbook brand for Rush Street Gaming, a casino company primarily focused in the northeast. Bettors at the online book can participate in one of the only rewards programs, iRush Rewards, specifically for sports bettors. BetRivers also trumpets players’ big wins in its main lobby. However, as you can see from its app ratings, it could stand to improve navigation and usability.

with BetRivers bonus code LSRRIV

Problem Gambling Coalition of Colorado

How to get started with the best Colorado sportsbook bonuses

Signing up at a Colorado online sports betting site is pretty easy. Once you register for an account, you can deposit money and be ready to go. The only thing to add is that you might have to provide additional documentation to withdraw funds. Be aware that verifying a joint bank account likely requires ID from everyone on the account.

With so many online sportsbooks in Colorado, competition is fierce to attract bettors. Books offer bonuses and promotions to attract new customers and keep them returning. Here are some of the best sports betting promotions and bonuses available to Colorado sports bettors at the moment and the codes to access them:

  1. Bet365 bonus code: Use the code LSRCO. Bet $5, get $150 in bonus bets.
  2. BetMGM bonus code: Up to $1,500 back in bonus bets if you don’t win + $50 bonus bet. Use code LSR50.
  3. Caesars Sportsbook promo code: $1,000 first bet on Caesars with code LSR1000.
  4. BetRivers bonus code: Second-chance bet up to $250 if your first bet loses with code LSRRIV.

Just as a refresher, here’s how these bonuses work:

Full list of Colorado sports betting sites

19 legal online sportsbooks are active in Colorado as of November 2023. There is also one sports betting app in Colorado that isn’t quite a sportsbook. Sporttrade is legal in Colorado as a sports betting exchange rather than a traditional book. The app allows bettors to trade bets like stocks.

Here are the live sportsbooks in Colorado:

New Colorado sports betting apps

While the number of live and legal Colorado sportsbooks is now 19, that total will change over time. Any of the more than 30 casinos in the state can partner with an online sportsbook so that more books could join soon. The total number of books in the state was as high as 26 at one point, but the list has dwindled to 19 after FOX Bet, WynnBET, SkyUte Sportsbook, MaximBet, PlayUp, and Maverick Sports exited the state, and Elite Sportsbook merged with Betfred. Here is another online sportsbook that may join the Colorado sports betting industry in the future:

10 quick facts about Colorado sports betting

  1. Colorado legalized sports betting in November 2019.
  2. Legalization required voter approval via referendum due to Colorado’s Taxpayer Bill of Rights.
  3. Colorado sports betting launched in both online and retail formats in May 2020.
  4. All online sportsbooks must be partnered with casinos located in Colorado.
  5. You must be 21 or older to bet on sports in the state.
  6. Principal actors in sports — players, referees, coaches, etc. — cannot legally bet on their sports.
  7. You can bet on table tennis and cornhole, but not the Oscars or other awards events.
  8. Colorado does not permit esports betting, nor does it allow betting on high school sports or any event where most participants are younger than 18.
  9. Colorado sports betting law allows up to 30 online sportsbooks in the state.
  10. Colorado sportsbooks booked more than $5 billion in wagers in their first 18 months.

What to expect at a legal Colorado sports betting site

With so many legal sportsbooks in Colorado, there is no reason to visit illegal offshore sites. Sports betting in the state is under the oversight of the Division of Gaming in the Colorado Department of Revenue — Specialized Business Group. The regulator keeps an updated list of every online sportsbook cleared to operate in the state.

Legal online sportsbooks offer convenience, and regulators have standards that aim to ensure safety, fairness, and security. They are also safer than retail books on a broader level since they don’t require you to navigate the state’s (sometimes) icy and treacherous roads to bet at a retail location.

Colorado sports betting law and regulations

The Colorado General Assembly approved statewide sports betting in May 2019, but the vote essentially moved the final decision to voters in November. A voter-approved constitutional amendment requires that any legislative vote to raise taxes go to the ballot for approval. HB 1327 was signed by Gov. Jared Polis, approved by voters, and became law. It includes the following core tenets:

Additionally, the law created three types of licenses:

Each of Colorado’s 33 casinos can apply for a master license. There is a $10,000 initial nonrefundable fee, followed by a two-year $125,000 licensing fee. An approved casino could then partner with a land-based sportsbook and an internet sportsbook (or use the same partner for both) and utilize one online platform.

Colorado is similar to many states in that it has one large city that commands most of the sports action. All major sports teams that call the state home are based in and around Denver, and they are popular betting options in the state.

Aside from these big teams in Colorado, there are also major college teams. The Colorado Buffaloes football team is a top draw, as is the gridiron crew at Colorado State. Other options like motorsports, mixed martial arts, and rugby are all available to bet on, as well. Table tennis became a popular sport to bet on during the height of the pandemic in 2020 and has remained a cornerstone of Colorado sportsbooks ever since.

Colorado sports betting history

Colorado sports betting history is relatively short, mainly because the state legalized the activity and went live within a year. In the first year of legal betting, Colorado saw 15 online sportsbooks start taking wagers. Here is a timeline of how things have grown:

Colorado sports betting FAQ

Can I legally bet on sports in Colorado?

Yes. Colorado sports betting is legal and live. Top apps such as DraftKings and FanDuel are among the authorized and regulated sportsbooks and operators. The state officially legalized sports betting via a voter referendum in November 2019 and launched in May 2020.

Where can I bet on sports in Colorado?

With online sports betting, you can wager from anywhere inside the state lines of Colorado. However, if you prefer to experience sports betting in person, there are several retail sportsbook locations:

Is BetOnline legal in Colorado?

No, BetOnline is not a legal sportsbook in Colorado. Because it is based outside of the US, BetOnline does not comply with Colorado or US laws, restrictions, or business regulations. With so many legal betting options in the Centennial State, they far outweigh the risk of betting overseas.

What is the minimum age to bet on sports in Colorado?

You need to be 21 or older to place a sports wager in Colorado, either online or in person.

Do I have to be a resident of Colorado to bet on sports?

Not at all. The only requirements are that you are 21 or older and inside state lines. Be aware, however, that you will have to verify your location with your mobile device or computer before you can wager.

Is horse betting legal in Colorado?

Yes. Colorado is home to a single facility that offers live horse racing. Bally’s Arapahoe Park in Aurora is a thoroughbred racetrack and a simulcast facility. Live racing and betting are available during August, September, and October each year. In addition, there are 10 standalone off-track betting locations scattered around the state. Finally, online horse betting sites like TVG can legally accept wagers from Coloradans.

Is DFS legal in Colorado?

Yes. Daily fantasy sports contests are legal in Colorado. The state legalized them in 2016. You can play on FanDuel, DraftKings or any other licensed DFS site in the state if you are 18 or older.

List of Colorado resources

Please see the links below if you want more details about sports betting and other gambling in Colorado. These agencies and businesses are the best resources for more in-depth information about the various subjects related to sports betting in the state.