It’s now official: online sports betting is live and legal in Colorado. On May 1, 2020, several sportsbooks got the green light to offer online sports betting services to bettors in Colorado, a move that made the Centennial State to become the 19th state to legalize online sports betting. Since becoming legal, Colorado sports betting scene has expanded exponentially consisting of full online sports betting on sites and apps, along with a low barrier to entry for bookmakers. This article touches on almost everything that you need to know about online betting in Colorado, top Colorado sportsbooks, the legal age of gambling in Colorado, and the type of sports bets that you can place in Colorado to mention but a few.
No any other state in the U.S. boast of more legal bookmakers than Colorado. In 2019, Governor Jared Polis signed sports betting into Colorado law. A year later in May 2020, the new industry went live in the Centennial State. Today, there are over 2 dozen legal sports wagering sites and mobile apps that are active in the state, including some of the most notable names in the betting market. The following are some of the top sportsbooks in Colorado:
BetMGM is one of the best online bookmakers that’s home to thousands of bettors in Colorado. This bookmaker has done an amazing job of transitioning itself to an online sports betting platform, compared to several other casino brands that have struggled for quite a long time to make the leap.
In the early months of last year, BetMGM successfully managed to transition its online sportsbook to a new and a more modern platform that’s now available in Colorado. While it’s not quite as feature-rich when compared to its online-first sites, nevertheless, it’s surprisingly perfect, properly laid out, and without a doubt, fully featured. BetMGM’s Colorado $1,000 risk-free bet is also one of the factors that attract players to sign up with this bookie.
To claim this Sports Promotion, you must during the Promotional Period (a) visit betmgm or download the BetMGM Sports mobile application, (b) open a BetMGM Sports wagering account, (c) deposit a minimum of $10 in to your account and (d) place, as your first real money bet after opening your account, any sports wager using funds you deposited into your account (a “Qualifying Bet”). Only the first $1,000 of the Qualifying Bet are eligible for this promotion.
FanDuel Sportsbook Colorado is another household name, especially among online sports betting enthusiasts in Colorado. This sports giant has in a few years experienced success after success following the legalization of online sports betting in Colorado and many other states in the U.S. FanDuel CO has an extremely competitive $1,000 risk free bet offer for new players who sign up with them, along with other creative promotions and lucrative boosts.
Based on our review, we established that FanDuel Sportsbook offers a comprehensive betting experience that will appeal more to those starting out on sports wagering. Their lines are juiced up a little bit. With an easy to use interface and plenty of banking options to choose from, to say the least, FanDuel Sportsbook is a must-have if you reside in Colorado.
The Promotion is only open to individuals who are at least 21 years. During the Promotion Period you must place a deposit of at least ten dollars ($10) and then place your first real money wager of any type using your FanDuel Account on the FanDuel Sportsbook (“Eligible Wager”). The Eligible Wager must be your first real money wager placed using your FanDuel Account.
Caesars Sportsbook features among top Colorado sportsbooks based on a number of reasons worth noting. This operator immediately transformed to become one of the biggest players across CO online sports betting scene soon after the legalization of sports betting in the state. Caesars become a top player, especially after acquiring William Hill in the summer of 2021.
As one of the more respected and trusted names in the online sports betting scene, both veteran and novice online sports betting enthusiasts can’t go wrong with Caesars Sportsbook. In Colorado, Caesars Sportsbook is today one of the most successful brands having managed to attract many bettors. Among other things that attract players, Caesars Sportsbook’s mouthwatering $5,000 risk-free bet is one of the primary reasons as to why this bookie is home to many players in Colorado.
To be eligible for this promotion, you must: Successfully open your first Caesars Sportsbook. Use an eligible promo code when opening your new account; Have an account that remains in good standing during the entire Promotion Period. 21+
BetRivers is another top Colorado sports betting site that started small but managed to quickly rise up the ranks to become one of the most respected online sports betting brands globally. BetRivers went live in the State of Colorado in May 2020. Its online offering has been very successful in Colorado under the Rush Street Interactive umbrella.
BetRivers CO has in place one of the best bonus offers in the business. New customers that sign up with them automatically qualify for a 100% deposit match up to $250. It means that this bookie will match your initial deposit dollar-for-dollar in the form of bonus funds. The best part about BetRivers CO is that they award you your bonus bets right away. It means that if you go ahead and deposit $250, you immediately receive $500 to work with from the start.
– To Qualify Players must use claim code SPORTS while making their first Deposit – Free Bet will be loaded to qualifying accounts within 24 hours of their wager settling as a loss. – Free Bets will expire 30 days after issuance. – Players are permitted to use only one First Deposit Bonus Code.
Without question, DraftKings Sportsbook CO is one of the best operators in the business of online sports betting. Capitalizing on their prior success in daily fantasy gaming (DFS), this operator has experienced previous success in other states including New Jersey, Pennsylvania, and Indiana. In Colorado, DraftKings is among one of the top sports betting sites that’s home to many online betting fans.
With consistently excellent odds boosts available daily, creative betting specials, a sleek, and a user-friendly interface, DraftKings Sportsbook is also a notable brand when it comes to their strong promotions and other bonus offerings. The operator is the gold standard when it comes to interface and in-play betting options. Their odds are priced fairly well, along with the option to cash out. New users are entitled to $1,050 in risk free bet and deposit bonuses.
The much-awaited launch of PointsBet in the State of Colorado finally arrived on November 18th, 2020. Besides having a massive physical appearance in the Centennial State, PointsBet is also running one of the most aggressive ad campaigns throughout the state. Use PROMO CODE “MILE” to get your free $250 bonus today!
Many players in Colorado identify with PointsBet on a number of reasons. For instance, they offer aggressive odds boosts and specials such as bet insurances, reduced and no juice bets. That’s not all about this operator. They also offer their customers up to $2,000 in 2 risk-free bets under the best PointsBet promo code. PointsBetting unique feature is something that separates this online platform from the rest. This feature provides players with an opportunity to win or lose additional funds beyond that of a typical bet.
We cannot complete our list of top Colorado Sportsbooks without mentioning Barstool, another top bookmaker in Colorado. Barstool Sportsbook is another top online sports betting site operating in the State of Colorado. Launched in August 2021, this operator has since made its online debut in 9 legal states, Colorado being one of them. Barstool managed to penetrate Colorado’s online sports betting scene via a deal with Ameristar Casino in Black Hawk, home to retail book that bears the Barstool brand name.
Make your first ever deposit into your Player Account. Next, place any single sports wager bet on your sportsbook betslip to establish your Eligible Wager. If the Eligible Wager loses, you will receive the Promotion Offer in the form of a refund in sportsbook bonus cash equal to the amount wagered (up to $1,000).
Finally yet importantly, we have WynnBET CO. As mentioned earlier, Colorado sports betting scene is home to more than a dozen operators and WynnBET is one of them. Colorado is among the five states in which WynnBET Sportsbook has launched to date, with plans to penetrate even more betting markets in the near future. WynnBET is part of Wynn Resorts, an online gambling division and home to many bettors in CO. They have a sleek and easy to use mobile app, several safe banking options, a huge range of local and international games, and plenty of bet types on offer.
Minimum Bet: One hundred dollars ($100). Qualifying Wager: Any straight or parlay wager, on any sport, with odds of -120 or greater, for at least the Minimum Bet amount. • Award 1: One Free Bet total of $50. • Award 2: Casino Bonus worth a total of $50.
Colorado is one of the newest states to offer online mobile sports betting apps, meaning that players can now use their iOS and Android devices to wager on both professional and college sports. Now, there are plenty of mobile sports betting apps for sports betting in Colorado. However, a few of these apps are more comprehensive and popular than others. Here is a list of the best options:
FanDuel App – With the FanDuel app, you can bet on a majority of major leagues, as well as a couple of collegiate sporting events. FanDuel app isn’t that heavy (22.6 MB for iOS app and 22.0 MB for Android App) to download and install. The app has a massive number of betting options, along with several betting options and bonuses such as boosted event odds.
DraftKings App – When using DraftKing’s sportsbook app, you’ll have the option of betting on plenty of games in the United States. Some of the games that you can wager from the app include basketball, football, baseball, and auto racing. Wagers are also available for special events.
BetRivers App – While BetRivers’ app is lesser known compared to the two aforementioned app, nevertheless, it offers several attractive features that make it worthwhile to have it. Most Colorado sports betting enthusiasts willing to enjoy several loyalty programs will find this app ideal for them. Those that spend more time on the app also qualify for some prizes.
BetMGM App – BetMGM sports betting app is decent and works like a charm. For the longest time possible, BetMGM’s app had a leg up on the competition and continues to be one of the smoothest and the most reliable apps in the industry. Many players in Colorado use BetMGM’s app for many reasons. It’s easy to download and use, faster in loading pages, and comes with no bugs at all.
WynnBET App – WynnBET CO has one of the most decent apps we’ve seen so far. Their dedicated app gives you the option of not only placing sports bets on some of the most popular matches of the year such as basketball, hockey, baseball, football, tennis, and more, but also lets you watch live matches, right there while on the move anytime, anywhere.
How to Bet on Sports in Colorado
It’s very easy to get started with online sports betting in Colorado. Here’s how to do it:
Choose a CO Bookie –Colorado is home to several bookmakers, meaning that you are able to shop for the best lines. Before you begin, make sure that you choose a sportsbook that’s legit and licensed to operate in CO. Furthermore, go for a bookmaker that promises to meet your entire sports betting needs.
Sign Up and Deposit – After settling for a bookmaker that you like, now it’s time to sign up with them before making a deposit. Top US bookies are those that offer a quick registration process and plenty of safe and secure banking options. After you settle for the one you like, sign in by filling out the required form. After that, go ahead and fund your online sports betting account.
Verify your location – If you happen to be using a desktop computer, most Colorado sportsbooks will compel you to download a location-tracking software. Colorado uses GeoComply, an industry gold standard tracking software. If you are using your phone, you should allow the app to track your location without any additional software.
Place your bets and collect your winnings –Now that you’ve registeredfor an account and have funds in it, head straight to place your bets. There are plenty of sporting events to wager on in Colorado. Should you strike it lucky, go ahead and collect your winnings preferably using the same method of deposit to avoid unnecessary conversion fees.
Bonus Offers& Promotions Offered at CO Bookies
The legal sports betting environment in Colorado is highly competitive and operators have to ensure that they pull out all stops to separate themselves from the rest. Most of them achieve this by offering attractive bonuses and promotions. Some of the most common bonus offers that you’ll find at many Colorado sportsbooks include risk-free bets, deposit bonus, no deposit bonus, and odds boost. Others go a step further to offer VIP programs.
Banking Options for Colorado Players
When it comes to banking, among other things, players all over, those in Colorado generally look for security, variety, and convenient deposit and withdrawal options. Luckily, there are plenty of safe and secure banking options supported by many Colorado sportsbooks. Some of the most common ones include the following:
Bank Transfers (ACH, eCheck)
Sports Bets Types Available in CO Bookmakers
With bookmakers in CO all competing to attract customers, among other things, most of them ensure that they offer several types of bets. Some of the most common bet types that almost every other Colorado sportsbook offer include the moneyline, points spread or handicap, ifs and reverses, teasers, pleasers, parlays, prop bets, over/under, and odd/even goals to mention but a few.
In-game Betting & In-play Wagers
In-play or live betting seems to be increasing in popularity not only in Colorado but also in many other locations across the globe. Besides its good odds, bettors get a chance of watching some of the game to get a good feel of how each team is playing before placing their bets. Live betting is alive and ongoing at all the bookmakers we’ve mentioned. Here, you can place your bets while the matches are already underway.
Sports Games and Leagues to Bet on in Colorado
As a resident of Colorado, you can wager on plenty of sports and players at more than a dozen Colorado sportsbooks. Some of the most popular sports games and leagues to wager on in Colorado include the NBA, NFL, NHL, MLB and the top football leagues in the State. Besides being able to place your bets on local sports in Colorado, you can also go ahead and place bets on niche and international sports such as rugby, soccer, cricket, motorsports, snooker, and bandy to mention but a few.
Professional Sports Teams to Bet On in CO
Colorado is home to several professional sports teams that you can bet on any time they are in action. The Centennial State is home to 5 professional sports teams, each with their own rabid fan base. As a gambler, you can place bets on these teams via mobile and even attend live professional games in person. Some of the professional teams that you can bet on in Colorado include Denver Broncos, Colorado Rockies, Colorado Avalanche, Colorado Grande, and the Denver Nuggets. The Broncos, for instance, are three-time Super Bowl champions, winning back-to-back seasons in 1997 and 1998. As a bettor in Colorado, you may want to back them every time they are in action as they’ve proved to one of the most successful teams in the history of the NFL.
Responsible Sports Betting In Colorado
Colorado hosts a thriving sports betting market. There are plenty of online bookmakers in the Centennial State that’s home to thousands of online sports betting enthusiasts. For the majority of bettors who enjoy all forms of gambling in Colorado, there must be some form of protection for problem gamblers. Luckily, Colorado sportsbooks promote responsible sports gambling. Online sportsbooks in Colorado offer a suite of tools to promote responsible gambling. Some of them include the ability of bettors to set limits on their wagers, self-exclusion policies, and helplines to help those with gambling problems. Some also encourage bettors to set deposit limits while others have timeout policies where players can take short breaks from gambling.
The Legality of Online Sports Betting in Colorado
Sports betting is legal in Colorado. As noted earlier, legal sports betting in the Centennial State became legal on May 1, 2020. However, you have to be 21 years of age and above to be able to place online sports bets in Colorado. You can bet on college sports or wager on professional sports teams in Colorado provided you are above the legal age of gambling. The Colorado Limited Gaming Control and the Colorado Division of Gaming regulates and oversees legal sports betting within the State of Colorado. Of importance to note that winnings accrued from gambling are taxed by the state. A 10% tax applies to winnings from gambling.
Online Casinos in Colorado
By the time of compiling this review, we established that there are no online casinos in the State of Colorado. While sports betting made its debut in 2020, there’s no legal online casino gambling or any form of online poker in the state.
DFS in Colorado
Even though Colorado lacks online casinos, the State offers Daily Fantasy Sports (DFS). Fans of daily fantasy sports are at will to play and wager on DFS from several bookmakers in Colorado that offer DFS. DraftKings, for instance, it a top bookmaker that offers DFS in Colorado.
What is the legal age of gambling in Colorado?
You have to be 21 years and above to be able to place sports bets in the State of Colorado.
Must I be a Colorado resident to be able to wager online?
Yes. You need to be a resident of Colorado or reside within its state lines to be able to place online sports bets. Still, you can go ahead and place bets in-person at retail sports betting sites located in many places across Colorado.
Can I wager on mu iPhone in Colorado?
Yes. Many bookmakers in the State of Colorado allow their customers to place bets on all mobile devices, iPhones being among the list.
Is any other form of gambling legal in Colorado?
All forms of gambling are illegal in Colorado unless a statute deems it as legal. But mostly, all forms of gambling are legal in the Centennial State.
Is BetUS, Bovada, and MyBookies legal in Colorado?
Yes, they are all legit since there’s no laws that make offshore betting a crime in Arizona.
Do I have to pay taxes from my gambling winnings in Colorado?
Yes. Winnings from gambling are subject to 10% taxes in the State of Colorado.
Is DFS (Daily Fantasy Sports) legal in Colorado?
Yes, DFS became legal in the State of Colorado as of May 2020.
How safe are Colorado sportsbooks?
Almost all sportsbooks in Colorado are safe. The ones that we mention in our review are safe and under the watch and regulation of the Colorado Division of Gaming.
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