Best Colorado sports betting sites 2023

Rank
Sportsbook
No Deposit Bonus
Features
Play
1
Up to $1,250 BONUS
New User Bonus. T&Cs Apply.
Top Features
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PLUS $50 Bonus Bet On Deposit
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2
Up to $1,250
On Caesars
Top Features
Stream NFL Games In App For Free
+ get 1,000 Caesars Reward Credits
+ also get 1,000 Tier Credits
Redeem for Bet Credits, Hotel Stays, & More!
Use Promo Code: LSRFULL
Get Up to $1,250 in Bet Credits at Caesars Sportsbook
3
UP TO $1,000
In Bonus Bets
Top Features
$1,000 Paid Back in Bonus Bets
Free Live Streaming – Watch Live Games
Use Bonus Code: PLAY1000
Get Up to $1,000 Paid Back in Bonus Bets
4
$500 BONUS
2nd Chance Bet
Top Features
Up To $500 in Bet Credits
ONLY 1x Play Through!
Use Exclusive Affiliate Code: LSRRIV
Get Up to $500 Bonus At BetRivers Sportsbook!
5
Get Up To $1,111
In Free Bets at Betfred Sports
Top Features
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Get Up to $1,111 in Free Bets at Betfred Sports!
6
$3,000
No Sweat First Bet
Top Features
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New Players get up to $3,000 bonus at FanDuel Sportsbook
7
Bet $1
Get $200
In Bet Credits
Top Features
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To Claim: Click Play Now
New Users Get $200 Bonus at Bet365

Contents


What’s happening in Colorado sports betting right now?

Comparing top Colorado sportsbooks

Deciding where to place a bet in Colorado is a subjective choice. Elements like a site’s navigation might bother some but not others. Here’s a brief look at where Colorado apps shine, plus mini-reviews of the top sites in the state.

1. DraftKings Sportsbook

DraftKings Sportsbook has one of the most innovative apps in Colorado sports betting. It features a betting carousel that presents wagering options based on your preferences and betting history. In one sense, no one has quite the same DraftKings experience. It could, however, stand to improve its bonuses for recurring players, but that’s a minor nitpick.

2. Caesars Sportsbook

Caesars has a deep list of available sports, too, and long experience in the space. Caesars players can also take part in the Caesars Rewards program, which provides redeemable points for rewards at Caesars locations. However, Caesars could stand to spiff up its app presentation and navigation a bit.

3. BetMGM Sportsbook

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. The only issue is that BetMGM can be a bit unwieldy to navigate.

4. BetRivers Sportsbook

BetRivers is the sportsbook brand for Rush Street Interactive, a casino company primarily focused in the northeastern United States. BetRivers players can take part in one of the only rewards programs 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.

5. Betfred Sportsbook

Betfred Sportsbook is expanding in the US after years of success in Europe. It offers a deep and multi-tiered rewards program that includes birthday bonuses and restaurant vouchers. Betfred also offers enhanced parlays — essentially odds boosts for parlay bets. Betfred still needs to smooth out some of its app’s bumpiness, however.

6. FanDuel Sportsbook

FanDuel Sportsbook has risen to the top in many states because of the ease with which players can navigate its app. There are also plenty of betting options and promotions, including same-game parlays. FanDuel still has a few rough spots in the smaller corners of its app, but these are minor issues.

7. Bet365 Sportsbook

Well-known European sports betting brand Bet365 arrived in Colorado in September 2022. With live in-game betting features, bet boosts and super boosts, and a personalized display, the app and sportsbook site offer users a unique experience. The betting markets are plentiful and the odds are competitive. The app itself gets favorable ratings from customer reviews, though occasional hiccups can happen when navigating between the betting sections.

8. Sports Illustrated Sportsbook

The SI Sportsbook app debuted in September 2021. The sportsbook is a rebrand of venerable sportsbook 888 Sport and has a huge number of markets available for wagering. It also offers a tie-in for fans of the popular sports magazine. Its main drawback is its presentation, which is a bit too pedestrian at the moment.

New sports betting apps in Colorado

There are more than two dozen sportsbook apps active in Colorado right now. However, the state has quickly become one of the top locations for enterprising sportsbooks to find new revenue. Here are some apps that could soon be joining the crowd in the Centennial State:

How to get started with best Colorado sportsbook bonuses

Getting started at a Colorado online sportsbook is pretty easy. Once you register for an account, you can make your first deposit and be off and running. 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 Colorado sportsbook apps available, competition is fierce. Apps offer bonuses and promotions to attract new players and keep them coming back. Here are some of the best welcome bonuses available to Colorado sports bettors at the moment:

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

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 sportsbook apps 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 the majority of participants are younger than 18.
  9. With the exception of sportsbooks at tribal casinos, all retail sportsbooks in Colorado are available in one of three towns — Black Hawk, Central City and Cripple Creek.
  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. The sports betting industry 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.

Colorado online sportsbooks offer convenience, and regulators have standards in place that work 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 sportsbook.

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 creates 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 then could partner with a land-based sportsbook and an internet sportsbook (or use the same partner for both) and utilize one online platform.

Full list of legal Colorado sports betting apps

There are 26 legal sports betting apps active in Colorado as of 2023:

  1. Bally Bet
  2. Barstool Sportsbook
  3. Bet365
  4. Betfred Sports
  5. BetMGM
  6. BetMonarch
  7. BetRivers
  8. BetSafe
  9. Betway
  10. BetWildwood (ISI)
  11. Caesars Sports
  12. Circa Sports
  13. DraftKings Sportsbook
  14. Elite Sportsbook
  15. FanDuel Sportsbook
  16. FOX Bet
  17. MaximBet
  18. Play Maverick Sports
  19. PlayUp
  20. PointsBet
  21. SBK
  22. SI Sportsbook
  23. Sky Ute Sportsbook
  24. SuperBook
  25. Tipico Sportsbook
  26. WynnBET

Colorado is similar to many states in that it has one large city that commands most of the sports action. All of the major sports teams that call the Centennial 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 CO sportsbooks ever since.

Colorado sports betting history

Colorado sports betting history is relatively short, mostly because the state legalized the activity and went live within a year. In the first year of legal betting, Colorado saw 15 sports betting apps 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. As of May 2020, sports betting is legal in Colorado with all bets placed via authorized and regulated sportsbook apps and operators. The state officially legalized sports betting via a voter referendum in November 2019.

Where can I bet on sports in Colorado?

Of course, 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 that are legal, 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 will be able to 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 both 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 as long as you are 18 or older.

List of Colorado resources

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

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