Best Colorado Sportsbooks & Betting Sites For 2023

Legal online sports betting is taking over many US states, and it’s also found a home in the Rockies. Sports betting has been legal in Colorado since 2020 after Governor Jared Polis signed the bill into law in 2019. Since then, the residents and visitors to the Centennial State have enjoyed safe, secure, and legal online gambling. So join our betting experts on a virtual trip to Colorado, using this complete guide that covers everything you need to know about Colorado’s best bookmakers and how to place a sports bet.

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Displaying Top Offers in Colorado

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Top Colorado Betting Sites

Online sports betting has become incredibly popular in Colorado, and that’s not a surprise. The most popular sport for US sports betting in Colorado is football, and the Denver Broncos are the state’s NFL franchise. Plenty of bettors love placing wagers on their favorite team when game time rolls around on Sunday especially if they have a free bet to use.

So, where should you be placing these wagers? Well, BetMGM is the Broncos’ official partner and offers free-to-play prediction games alongside a range of sports betting markets. PointsBet partners with the University of Colorado if you’re into NCAA. There are also other top betting sites like BetRivers, DraftKings, FanDuel, and more.

The great thing about all those top Colorado betting sites is the ease of use. It’s so easy to sign-up for one of these platforms. If you’re looking to sign-up with a Colorado sportsbook, you’ve come to the right site. For all the latest information on bonus codes and the best Colorado betting sites, be sure to bookmark this page and check back.

Best Colorado Sports Betting Promotions

Sports betting is incredibly popular in the Centennial state, and with so many of the country’s leading bookmakers available, competition is fierce. That’s why almost every sportsbook in the state tries to attract new bettors to place a sports bet with them by offering generous welcome bonuses and a regular free bet.

Bettors love these rewards, and the top Colorado bookmakers have bonuses that give players the best chance of boosting their bankroll. A welcome bonus is a reward a Colorado sportsbook often provides after you sign-up. The rewards vary between sportsbooks, but the bonuses always give you a chance to try out the betting site and maybe come back with a profit.

Here are some of the betting offers you can typically find at the best Colorado betting sites.

  • Risk-Free Bets: A risk-free bet lets you place your first wager at a sportsbook without worrying about losing any money. If your wager is a winner, you can keep your winnings. The sportsbook will reward you with bonus funds equal to your bet if it does lose.
  • First Bet Match Bonus: With a first match bonus, the sportsbook will give you bonus funds regardless of whether your first bet wins or not. Whatever you stake on that first wager, the online sportsbook matches with bonus funds.
  • Deposit Match Bonus: This is the most common bonus you’ll find at the best Colorado betting sites and sees the sportsbook match your first deposit with bonus funds. Let’s say the betting site is offering a 100% match up to $1,000. If you deposit $600, you will receive $600 in bonus funds. That means you’ll have $1,200 in your sportsbook account.
  • No Deposit Match Bonus: This is an uncommon type of bonus that is hard to find. Still, some sportsbooks offer you rewards you don’t need to make a deposit to earn. You may get less value but will get bonuses just for registering.

There are also rewards available for existing customers at sportsbooks. One example of this is a referral code. If you get your friends or family to sign-up using this code, you can all be rewarded by the top Colorado betting site you are using. There are also more ways to boost your bankroll, like reload bonuses and more, so keep checking your favourite online sportsbook for the latest offers.

Colorado Betting Promo Codes

Although many rewards are automatically credited to your account through registration, some sportsbooks offer bonuses by using promo codes. This is like a code you may use at an online shop and is usually made of unique letters and numbers. All you have to do is enter the Colorado betting site promo code into the online sportsbook, and you will receive your bonuses. The advantage of this is many people already know how promo codes work, which makes redeeming bonuses even easier.

All that sounds awesome, right? Well, you can find the best Colorado betting site promo codes right here on this page. Not only that, but we always keep our page updated. That means if there are new rewards, you can find them right here which makes betting with a Colorado online sports betting sites all the more enjoyable.

Colorado Free Bets

Free bets are another reward that the best Colorado sportsbooks give to customers. This can either be part of a welcome bonus or as a special promotion for an event. This bonus is as fun as it is simple. The best Colorado betting sites give you bonus funds that you can place on sports events. If you win, you get to keep the profit to maybe bet on the Avalanche with NHL betting or the Denver Nuggets if NBA betting is your thing. If you lose, it doesn’t matter because the bonus funds are free.

Sometimes these bonuses require a deposit but offer an excellent way to boost your bankroll.

Sports Betting Apps Available in Colorado

Online sports betting has moved with the times, and you don’t need to be at your desk in front of your computer to place bets anymore. Now, there are sports betting apps you can download on Android or iOS and use anywhere in the state. That means wherever you are in Colorado, you can find betting apps that deliver the latest odds, including in-play markets that allow you to bet on sporting events in real-time.

However, some people prefer not to have space on their phones taken up by a sportsbook app. That’s no problem because the top Colorado bookmakers also offer mobile browser sites. This isn’t just the desktop site accessed on your phone, but a tailored experience that fits perfectly thanks to HTML5 technology so be sure to check out the sport betting apps available to you.

Colorado Online Betting Payment Methods

Everyone signing up with a top Colorado betting site is trying to make a little money. To make this money, you need to risk money on betting. But you don’t want to take any unnecessary risk by giving your banking details to an online bookmaker. That’s why Colorado online sports betting sites offer a range of safe and secure payment methods that allow you to pick the banking option you trust.

Below are some of the most popular Colorado betting payment methods you will see at the best Colorado betting sites.

  • Bank/Wire Transfers: Bank transfers are a very secure way to make transactions with online sportsbooks. You also don’t have to involve third parties. Withdrawals using a bank or wire transfer are among the slowest ways you can make transactions.
  • Credit/Debit Cards: People use cards in many daily transactions and so will be delighted this is one of the most widespread Colorado betting payment methods. Withdrawal times are usually just a few days, and cards are pretty secure.
  • PayPal: PayPal is the most popular e-wallet worldwide and takes the risk away from adding money to your account by not sharing any card details with the site. Withdrawals by e-wallets are some of the fastest you can make online.
  • Other e-Wallets: You can use other e-wallets like Skrill and Neteller, but the availability is limited in CO. These e-wallets still offer better speed and security than other Colorado betting payment methods.
  • ACH: These online transfers allow you to add funds to your account from your bank without a third-party operator. This is a fast and secure method of making online transactions. Not every sportsbook will accept this Colorado betting payment method.
  • Play+: Play+ cards are prepaid cards specifically designed to add funds to online betting sites. That means most of the best Colorado sports betting sites accept it, and it is secure. Not only that, it makes responsible gambling easier as you have to add funds to your Play+ card to fund your betting account.
  • PayNearMe: PayNearMe lets you fund your betting account by visiting retail locations and using cash. These locations are widespread across Colorado and include 7/11 and CVS.
  • Checks: You can withdraw funds using checks at many top Colorado sports betting sites. This is a very safe way to do this, but withdrawals can take several days as you wait for the postal service.
  • Cash at the casino cage or retail counter: There are loads of retail sportsbooks and land-based casinos partnered with online sportsbooks that you can visit to add money to your account. You can do this with cash, and you can also request withdrawals from your sportsbook account.

What Sports Can I Bet on in Colorado?

People in Colorado are crazy about sports, and that’s why Denver has no less than five professional sports teams. Even though it’s the smallest city in the US to have that many! The Denver Broncos are three-time Super Bowl winners, and NFL betting fans love wagering on this local franchise. The Colorado Rockies have inspired people to watch the MLB since a record-breaking run fans still call ‘Rocktober.’

The Denver Nuggets have always drawn fans to the Ball Arena playing in the NBA. The Colorado Avalanche, the state’s two-time Stanley Cup-winning NHL team, also plays in this arena in Denver. The state’s soccer team, the Colorado Rapids, got fans excited about the sport when it won the MLS Cup in 2010.

The bottom line is the Centennial State loves sports, and that’s why the top Colorado betting sites include a huge range of sports wagering markets and why a free bet is made available as often as they are. That even includes e-sports wagers, which are illegal in many parts of the US, as well as the MLB and NBA betting markets you would expect. This makes Colorado one of the most open betting markets in the US.

Check out some betting markets you can find when you download a Colorado betting app below:

  • NFL
  • NBA
  • NHL
  • MLB
  • Golf
  • Motorsports
  • MMA
  • Boxing
  • Tennis
  • Cricket
  • Soccer
  • E-sports

Choose your bookmaker from our list of the best Colorado betting sites, and click the link to visit the sportsbook of your choice.

There should be a “Sign-Up” or “Register” button visible on the home screen. Clicking this will start the registration process.

You will need to provide basic information about yourself for your sportsbook account. This includes your full name, address, phone number, email, and date of birth. You may also be asked to create a password so you can re-access your account.

Sportsbooks need to verify your ID before you can access the betting site’s full range of features. You will be asked for your photo ID and proof of your address. Usually, this is a utility bill.

Once you’ve completed your verification, you can add funds to your account. To do this, visit the cashier section of the site. The top Colorado betting sites have lots of payment options available. The sportsbook will guide you through making a deposit.

With money in your account, you can place sports bets! Some welcome bonuses require deposits, and if your deposit is the correct amount, you will receive your rewards.

If you were lucky and your bets came through, go to the cashier page again and follow the simple steps to make a withdrawal.

Colorado Casinos

Currently, online casino games are not legal in Colorado. However, you can visit several land-based casinos in the state and play casino games legally. Since 1990 when the Colorado Limited Gaming Initiative passed in a November ballot, casinos have been opening their doors in the state. Most are located in the mountain towns of Central City, Black Hawk, and Cripple Crick. You can play games like slots, blackjack, baccarat, and more in these casinos.

While legislation for online casinos is still in the works, you can play at sweepstake gaming sites. You can play casino games like slots at these sites, but compete to win sweep coins you can trade-in for prizes rather than cash.

Responsible Gambling

Online sports betting is extremely fun when enjoyed safely, but it can also be addicting. Colorado sportsbooks know this and are active in supporting and preventing gambling addiction. The best Colorado betting sites offer extensive resources on gambling addiction and tools to help you control your betting. These include deposit limits, time-outs, and more.

If you are struggling, here are a few tips you can use to help control your sports betting.

Use a payment method that allows you to keep your gambling in check, like Play+. You can only fund your betting account with money you already have. This will help you keep your budget in check.

Do not take out loans to support your betting. Online sports wagering is entertainment and not a way to make income. Only gamble with money you can afford to lose.

Use smaller bets. Using smaller bets might not earn the bigger payouts, but your bankroll will last long. This means a Colorado bettor can spread out your betting, and you lose less.

If you still feel you need support, there are organizations you can reach out to. You can visit the Problem Gambling Coalition of Colorado site for more advice and a hotline you can call. You can also visit Gamblers Anonymous and find a meeting in many Colorado cities.

Frequently Asked Questions
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Ziv Chen
Ziv Chen
44 Articles
Ziv has served for two decades in senior positions with online gambling operators and software companies. In recent years he decided to combine his passions for writing, gambling, and sports, and became a fulltime casino and sports betting writer. Ziv’s biggest loves are the NFL (Pittsburgh Steelers), college football (Maryland Terrapins), casino games and online slots.