Home / Colorado Sports Betting: CO Promos & Bonuses 2023

Colorado Sports Betting Promotions

When it comes to legal sports betting culture, Colorado is among the top contenders in flourishment. One could say that the innate desire to bet on games has always been there since the people of this state have an extremely vibrant sports culture.

We can see that their passion for their teams and their enthusiasm for games have widely contributed to the quick success of the sports betting industry in Colorado. Today, over 20 commercial sportsbooks have gone live since betting was legalized, offering punters additional excitement in conveniently betting for money online on their favorite sports and teams.

On that note, with the ever-growing market of the sports betting industry, it’s natural that punters across the state would only want to stick to or choose a sportsbook that meets all their preferences.

Rest assured, in order to help you choose, we’ve compiled a list of the best sportsbooks in Colorado and have detailed all the perks each one offers, such as payment methods, bonuses and promotions, and other great features. Read on!

Is Sports Betting Completely Legal In Colorado?

Apart from a few states, such as Idaho, Hawaii, Georgia, California, Alaska, Alabama, Texas, Missouri, Minnesota, South Carolina, and Utah, it is completely legal to participate in sports betting in most states, including Colorado, as long as the sportsbooks are authorized and legal.

That said, the history of legal sports betting in the state was fairly short compared to most states, considering that it was legalized in 2019 and went live in May 2020. Proposition DD was passed in November 2019, thanks to voters’ approval.

The legalization was then followed through, and it allowed both in-person and online betting for punters to thrive in the state without legal consequences. While the main aim was to tap into the booming sports betting market in order to generate revenue for funding the state’s water projects, the sports betting scene is thriving in Colorado regardless, with many new and old sportsbooks launching as we speak.

Best Online Sports Betting Sites In Colorado

Without wasting any more time and in no particular order, here are the best Colorado sports betting sites to choose from.

BetRivers Sportsbook

Partnered with Tripple Crown Casino, BetRivers can be easily named as one of the fastest-growing sportsbooks in the nation, currently available in over 15 states.

One might say that the surging success of BetRivers over the years is how convenient and easy it is to register and navigate around the site. Still, the same can be said about the generous bonuses and promotions they offer new players and veterans alike. If you’re a new punter on the site, you’re eligible for their second-chance bet (up to $500). In addition, the platform has a great rewards program that each punter is automatically enrolled in.

On top of offering a wide range of bet types and an extensive range of betting markets, BetRivers boasts of its excellent live betting scene that comes second to none. So, if you’re one who enjoys betting on real-time action with competitive odds, you know where to go.

The platform also offers myriad deposit and withdrawal methods and extremely professional customer service that runs 24/7, so you won’t be delayed if you have any queries and issues that need to be resolved.

DraftKings Sportsbook

Drafkings is a giant name and one of the oldest when it comes to the sportsbooks industry, after starting in the DFS space alongside Fanduel in 2012, their transition to sports betting has been extremely well done. With a stellar reputation, this established site goes out and beyond when it comes to its expansive range of betting markets, heaven for punters who tend to bet on as many sports as they want.

In addition to many exceptional promos, DraftKings regularly offers their new punters bonuses such as the bet $5 and get $150 and other enticing offers. The platform also has numerous payment methods along with a one-of-a-kind VIP program full of rewards and exclusive offers, including top-tier customer support. The only thing is, punters need to be invited, and only a selected few get a taste of this privilege.

DraftKings is also known for outclassing competitions regarding in-game features such as same-game parlay and live betting and has myriads of bet types: Spread, prop bets, totals, parlays, etc. While customer support may feel clunky at times for regular customers, it’s 24/7, which means you can ask for help at any hour of the day and get responses quickly.

PointsBet Sportsbook

The popularity may not be as huge as some of the older sportsbooks in the industry, such as FanDuel and DraftKings, but PointsBet surely is one of the most loved platforms. They have attained the stellar reputation to be on this list not just because of their generous odds boosts, promos, rewards, and welcome bonuses but also due to a whole bunch of exciting features that punters cannot seem to resist.

Firstly, PointsBet offers its customers a best-in-class interface and user experience, making it highly convenient for anyone who chooses to bet on their platform. In addition, they offer a wide range of betting markets with numerous bet types. To list a few: spread betting, over/under wagers, futures betting, same-game parlays, etc.

The platform also offers an exceptional rewards and loyalty program that helps each punter earn points, which can be later used to make extra money. Also, if you’re worried about payment methods, the platform has one of the most extensive ranges of secure deposit and withdrawal options. PointsBet is currently available in over 13 states.

FanDuel Sportsbook

There’s not a punter in the sports betting industry that hasn’t heard of FanDuel. One of the most established sportsbooks, FanDuel is a giant that started off as a great daily fantasy sports provider in 2009.

Today, FanDuel offers one of the most extensive sports betting markets with tons of exciting and generous promotions and bonuses like their most talked of, which is the bet $5 and get $200 guaranteed bonus offer for any new punters that join their platform.

Speaking of great, FanDuel also has one of the most alluring-looking apps in the market that is geared with a very easy-to-use interface that puts most platform apps to shame. The platform offers great competitive odds and a huge number of bet types, such as totals, same-game parlays, prop bets, and more.

If you’re more on the side of live betting, FanDuel also offers users one of the best live betting options and has a great customer support team that works 24/7, round the clock, for any issues you might have regarding their platform and bets. With an extensive range of payment options, FanDuel still exceeds most sportsbooks in the industry and is celebrated nationwide.

Bet365 Sportsbook

Bet365 needs no introduction when it comes to the most popular sports books of all time worldwide! While the platform has numerous fulfilling qualities compared to its competitors, one that seriously stands out is its exclusive bonuses and promotions which are too alluring for any punters to resist.

For starters, unlike other sportsbooks, Bet365 offers two sign-up bonuses like the “safety net” bonus, where if new punters lose on their first wager, the platform credits the full amount, and it goes up to $1,000.

On the other hand, with the “bet and get” promo, if you make a wager of at least $5 directly after you sign up, you’ll have a chance to receive $150 to use in bonus bets. Besides bonuses and promotions, Bet365 is also notoriously known for its great betting and live-streaming features paired with thrilling bets and super boosts offered regularly.

The platform runs on an extremely simple and easy-to-use interface with top-tier customer support services running 24/7. In addition to an extensive range of sports betting markets, punters certainly will have no issues with the amount of bet types they provide. Easily register and start depositing and withdrawing from their wide range of payment methods!

Colorado Sports Betting FAQs

Is It Legal To Bet On Offshore Sportsbooks In Colorado?

No, for that matter, it is not legal to bet on offshore sportsbooks in Colorado or anywhere in the US.

What Is The Legal Sports Betting Age In Colorado?

Punters have to be 21 years of age or older to participate in legal sports betting in Colorado.

Who Is Responsible For Overseeing Sports Betting Operations In Colorado?

The Division Of Gaming and the Colorado Limited Gaming Control Commission manage the safety, fairness, and security standards and the whole operation of the sports betting industry.

In Colorado, What Are The Most Popular Sports To Bet On?

While there are lots of popular sports punters indulge in, some of the more popular sports include NFL, NBA, MLB, MLS, and NHL.

Last Updated on December 22, 2023

About the Author


Arthur Minyard, a 27-year-old sports writer and devoted Yankees fan thriving in the heartbeat of New York City. Armed with a degree in Journalism from a prestigious NYC university, Minyard crafts compelling narratives that transcend the scoresheet, capturing the essence of baseball with insightful analysis and a deep understanding of the game. When not dissecting pivotal plays or exploring the rich history of the Yankees, he can be found in local coffee shops, sketching out ideas for his next piece or engrossed in a classic novel.

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