Colorado Online Sportsbooks

Colorado Online Sports Betting

Sports betting in the state of Colorado officially became legal in November 2019 when voters in the state passed a referendum. This gave lawmakers in the state a chance to put together rules that would allow for sports betting to launch. Both online and retail sports betting is legal in the state of Colorado, and this is a state that is loaded with options. Most of the action each month has come from online sportsbooks or mobile apps in the state. Colorado quickly became a massive sports betting market in the United States, but it has started to taper off in recent months. One positive about sports betting in Colorado is that betting on college sporting events is legal and available.

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Active Colorado Online Sportsbook Operators

There are 25 active online sportsbooks in Colorado, and there has been plenty of growth since this market first launched. Colorado has been able to attract nearly all of the big names, but there have also been some Native American tribes that have launched sportsbooks and mobile apps of their own. In order to launch an online sportsbook in Colorado, operators must be partnered with a casino in the state. Here is a look at all of the available options that you can find in the state.
  • Bally Bet: Bally Bet first launched in Colorado on May 24, 2021, and is partnered with Bally’s Casino in Black Hawk. Bet. Works help power the online sportsbook for this company that has grown in this industry.
  • Barstool Sportsbook: Penn National Gaming has launched the Barstool Sportsbook in Colorado through a partnership with the Ameristar Casino Resort and Spa. Barstool is known for having interesting promotions, and it went live in Colorado on August 9, 2021.
  • Betfred Sportsbook: Betfred was actually founded all the way back in 1967 in the UK. In Colorado, Betfred Sportsbook launched on June 17, 2022, after partnering with the Saratoga Casino.
  • BetMGM: BetMGM was among the group of operators that went live on May 1, 2022, and this is a big name in the sports betting industry. The Midnight Rose Casino partnered with BetMGM, which is a product of MGM Resorts International.
  • BetMonarch: The Monarch Casino Resort Spa officially launched its online sportsbook, BetMonarch, on May 11, 2020.
  • BetRivers: JP McGill’s Hotel & Casino is the retail partner of BetRivers Sportsbook. BetRivers was able to launch on May 1, 2022, and this operator is known for having great daily odds boosts.
  • Betsafe: Betsafe is a product of Betsson, which is a company out of Sweden. In order to launch on March 28, 2022, in Colorado, Betsson was able to reach a deal with Dostal Alley Casino.
  • Betway Sportsbook: Betway Sportsbook’s retail partner in Colorado is the Famous Bonanza Casino. This online sportsbook officially went live on April 5, 2021.
  • BetWildwood: The Wildwood Casino in Cripple Creek officially launched its online sportsbook on July 15, 2020.
  • Caesars: Caesars Sportsbook is a big name in the industry, and it was able to launch in Colorado on July 24, 2020. Caesars is known for having a big welcome bonus, and it has partnered with Lady Luck, Isle of Capri Casino in Colorado.
  • Circa Sports: Circa Sports is a big name in Las Vegas, and it was able to move to Colorado and launch on July 1, 2020. Circa Sportsbook has some great NFL contests and got into the state through a deal with Century Casino.
  • DraftKings: DraftKings remains a leader in the DFS industry, but it’s popular in the sports betting industry as well. In Colorado, DraftKings has a partnership with both the Golden Gates Casino and Mardi Gras Casino, and it launched on May 1, 2020.
  • Elite Sportsbook: Elite Sportsbook went live on August 12, 2020, and has Red Dolly Casino as a partner. Elite is not a big name but provides a solid sports betting experience.
  • FanDuel: FanDuel Sportsbook launched on May 1, 2020, in Colorado, and it remains one of the biggest names in the industry. The Golden Gates Casino and Mardi Gras Casino have both partnered with FanDuel.
  • FOX Bet: FOX Bet Sportsbook launched on May 19, 2020, after reaching an agreement with Lady Luck Casino. FOX Bet is a product of FOX Sports, and it’s big when it comes time for football season.
  • MaximBet: MaximBet is one of the newest names in the U.S. sports betting industry, and it launched in Colorado on September 16, 2020. Sportsbetting.com was the first name of this sportsbook, but it has since been rebranded.
  • Play Maverick Sports: The Grand Z Casino is the partner of Play Maverick Sports in Colorado. This online sportsbook went live on March 16, 2021.
  • PlayUp Sportsbook: PlayUp launched in Colorado on March 8, 2021, through a partnership with Bull Durham Casino.
  • PointsBet: PointsBet Sportsbook has built up a headquarters in Denver, but it is originally from Australia. After partnering with the Double Eagle Hotel & Casino, PointsBet launched on November 19, 2020.
  • SBK/Smarkets: Smarkets has launched the SBK Sportsbook in Colorado after a deal with Bronco Billy’s Casino. This launch happened on June 4, 2020.
  • SI Sportsbook: Sports Illustrated also jumped into the sports betting scene by launching the SI Sportsbook. This launch in Colorado happened on September 7, 2021, after a deal with the Colorado Grande Casino.
  • Sky Ute Sportsbook: The Sky Ute Casino Resort launched the Sky Ute Sportsbook on June 9, 2020. It became the first online sportsbook of a Native American tribe in the state.
  • Tipico Sportsbook: Tipico is an international sports betting operator that came to Colorado through the Century Casino in Colorado. This sportsbook launched on August 18, 2021.
  • SuperBook: The Westgate SuperBook launched in Colorado on October 5, 2020. The SuperBook is live through a deal with the Lodge Casino at Black Hawk and is big with football bettors.
  • WynnBet: WynnBET launched all the way back on November 26, 2020, in the state of Colorado. This is a pretty big name in the U.S. industry, and Bronco Billy’s Casino is the retail partner.

Colorado Sportsbook Welcome Offer

Sportsbooks in the state of Colorado offer welcome bonuses as a way to try and get more customers to the site. It’s very rare to see an online sportsbook without some type of welcome offer at all, but some sportsbooks go above and beyond. Welcome offers usually come in the form of a first deposit bonus or a risk-free bet. There can be some variations offered by online sportsbooks, but that is typically what you are going to find.
  • Bally Bet Welcome Offer: Bally Bet offers a risk-free bet for new customers in the state of Colorado. It’s not uncommon for a sportsbook to offer this promotion, but Bally Bet steps it up by offering a $550 risk-free wager.
  • Barstool Sportsbook Welcome Offer: New player bonus that is worth $1,000. This bonus applies to the first wager that is placed, and new users will be credited with $1,000 if that bet loses.
  • Betfred Sportsbook Welcome Offer: After a new customer places at least $50 in bets within the first week, Betfred will credit that account with $250 in free bets.
  • BetMGM Welcome Offer: BetMGM Sportsbook offers a $1,000 risk-free bet to all new customers that open an account.
  • BetMonarch Welcome Offer: BetMonarch is an online sportsbook that doesn’t offer any sort of welcome bonus for new customers.
  • BetRivers Welcome Offer: BetRIvers consistently has one of the best welcome offers in the industry, as new customers will receive a 100% first deposit bonus up to $250.
  • Betsafe Welcome Offer: The welcome offer from Betsafe in Colorado is currently a 100% first deposit match worth up to $500.
  • Betway Sportsbook Welcome Offer: Betway Sportsbook has a risk-free bet worth up to $1,000 to new customers. There is a catch, though as the first bet will only be refunded up to 50%.
  • BetWildwood Welcome Offer: New customers at BetWildwood in Colorado will receive a 200% match of the first deposit up to $200.
  • Caesars Sportsbook Welcome Offer: Caesars Sportsbook has been known to change up welcome offers frequently. The latest bonus for new customers is a risk-free bet worth up to $1,500.
  • Circa Sports Welcome Offer: There is currently no welcome offer from Circa Sportsbook online in the state of Colorado.
  • DraftKings Welcome Offer: DraftKings Sportsbook offers a 20% first deposit bonus up to $1,000.
  • Elite Sportsbook Welcome Offer: 100% risk-free bet up to $500 available to new customers at Elite Sportsbook.
  • FanDuel Welcome Offer: FanDuel Sportsbook offers a “no-sweat” first bet for all new customers. This is similar to a risk-free wager, and the bonus is worth up to $1,000.
  • FOX Bet Welcome Offer: New customers can unlock a risk-free bet worth up to $500 when making a deposit at FOX Bet.
  • MaximBet Welcome Offer: 100% first deposit match worth up to $1,000 at MaximBet in Colorado.
  • Play Maverick Sports Welcome Offer: Play Maverick Sports offers a 100% first deposit bonus worth up to $300 for all new customers.
  • PlayUp Sportsbook Welcome Offer: The welcome offer from PlayUp Sportsbook is actually two parts. New customers receive a $20 free bet when signing up, and there is also a 200% first deposit match up to $200.
  • PointsBet Welcome Offer: PointsBet Sportsbook offers two risk-free bets worth up to $2,000. The first fixed odds wager is risk-free up to $500, and the first points betting wager is risk-free up to $1,500.
  • SBK/Smarkets Welcome Offer: Deposit at least $10, and you will receive $100 in free bets from SBK Sportsbook.
  • SI Sportsbook Welcome Offer: New users that make at least $10 in wagers within 7 days will receive $50 in free bets from SI Sportsbook.
  • Sky Ute Sportsbook Welcome Offer: Sky Ute Sportsbook in Colorado does not have a welcome bonus for new customers in the state.
  • Tipico Sportsbook Welcome Offer: Tipico Sportsbook offers a 100% first deposit bonus up to $100.
  • SuperBook Welcome Offer: 100% first deposit match at SuperBook Sportsbook in Colorado up to $500.
  • WynnBet Welcome Offer: If a new customer makes at least $100 in wagers within the first seven days, then WynnBet will credit that account with $100 in free bets.

Colorado Sportsbook Promo Codes

A promo code is something that is required by some sportsbooks, while others have moved past it. This promo code is sometimes needed to get the latest offer from a mobile sportsbook or mobile app. It’s not uncommon to see a sportsbook change up a promo code monthly as a way to ensure that new customers are coming to the site. Promo codes can be pretty easy to find, and we will keep track of all of the changes that come about. This section will provide the latest promo codes for all of the online sportsbooks that are currently live in Colorado:
  • Bally Bet
  • Barstool Sportsbook
  • Betfred Sportsbook
  • BetMGM
  • BetMonarch
  • BetRivers
  • Betsafe
  • Betway Sportsbook
  • BetWildwood
  • Caesars
  • Circa Sports
  • DraftKings
  • Elite Sportsbook
  • FanDuel
  • FOX Bet
  • MaximBet
  • Play Maverick Sports
  • PlayUp Sportsbook
  • PointsBet
  • SBK/Smarkets
  • SI Sportsbook
  • Sky Ute Sportsbook
  • Tipico Sportsbook
  • SuperBook
  • WynnBet

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Deposit/Withdrawal Methods Available in Colorado

It takes money to fund your sportsbook account before you can place a wager, and you also want your winnings if you make some successful bets. It used to be a bit of a hassle to bank at online sportsbooks, but that’s simply no longer the case. Every online sportsbook is allowed to offer its own banking options, but there are some options that can be found in most sportsbooks.

Deposit Options

Making a deposit at an online sportsbook is a process that has improved tremendously over the years. Using a credit/debit card used to be one of the only options to choose from, but that is no longer the case. You can still use a credit/debit card, but other online banking options are now much better and more popular. PayPal is one of those options, and it allows you to link your accounts to send money back and forth quickly. Other programs such as Neteller can be used to fund your sportsbook account, and some operators offer a prepaid card.

Withdrawal Methods

Since all of the online sportsbooks in Colorado have to be partnered with a casino, one option would be to visit those retail sportsbooks and receive cash winnings. If traveling isn’t something that you are wanting or willing to do, then you can find a number of different ways to get your money. PayPal is a great withdrawal method to use as you can quickly send money back to your account and then be able to use it however you wish. An online bank transfer is also going to be an option as well, but it could take a day or two before the money shows up. Finally, a check by mail or an e-check is another option, but this will likely result in the slowest process.

Pros & Cons of Betting Online in Colorado

Pros:

  • Great bonuses and promotions online
  • Top sportsbook operators in the state
  • Mobile apps great for live betting

Cons:

  • Online apps only work when you are inside of state lines
  • Cannot receive cash as a form of payment

FAQ’s About Colorado Sports Betting

Colorado sports betting officially launched on May 1, 2022. Both online and retail options became legal on that date.
Yes, there are online sportsbooks and mobile betting apps in the state. Online betting accounts for over 95% of all wagers in most months.
Yes, it is legal for sportsbooks to accept wagers on college sporting events. Betting on in-state college teams is also available.
The legal age to wager on sports in the state of Colorado is 21 years of age.
As of August 1, 2022 there are 25 online sportsbooks in Colorado