Colorado Online Sports Betting Sites and Apps – Best Online CO Sportsbooks in 2024

Joseph Yarnold profile picture
Sports Editor Fact Checked by Sacha Kinser

This Colorado sports betting guide explores the ins and outs of the state’s legal online sports betting market. Ever since sports betting in Colorado was made legal in 2020, sportsbooks that are available in Colorado have been thriving.

We start with the rankings of our top five Colorado sportsbooks and their highlights and promos and bonuses for bettors, and then move on to discuss taxes, available betting services, and the current legal online sports betting status of different forms of online and offline betting in CO.

In This Guide

Best Colorado Sports Betting Sites and Apps

BetOnline Sports logo

50% up to $1000 Welcome Bonus

5 Stars Play Now
Bovada Sports logo

Get a Welcome Bonus of up to $750

5 Stars Play Now
BetWhale logo

125% up to $1,250

5 Stars Play Now
Everygame Sports logo

100% up to $500 Welcome Bonus

5 Stars Play Now
MyBookie Sports logo

50% Welcome Deposit Bonus up to $1,000

5 Stars Play Now
BetUS Sports logo

125% Sign Up Bonus Up To $2,500 + 30 Free Spins

5 Stars Play Now
TG.Casino Generic Offer USA logo

Get INSTANT 200% deposit bonus up-to 10ETH

5 Stars Play Now
BUSR Sports logo

100% Deposit Bonus up to $2,500

5 Stars Play Now
Lucky Block logo

200% Welcome Bonus Up to €25,000 + 50 Free Spins

5 Stars Play Now
Jazz Sports logo

75% Sports Welcome Bonus Up To $2,500

5 Stars Play Now
Sportsbetting AG Sports logo

First Two Deposits Matched Up To $1,000 (2x $500)

5 Stars Play Now
WSM Casino logo

200% Bonus Up To $25,000 + 10 Free Spins

5 Stars Play Now
BetNow Sports logo

100% up to $1,000 Welcome Bonus

5 Stars Play Now
XBet Sports logo

50% Welcome Deposit Bonus Up To $500 + $10 Casino Chip

5 Stars Play Now
Mega Dice Offer logo

200% Bonus up to 1BTC + 50 Free Spins

5 Stars Play Now

Colorado Sports Betting at a Glance

Sports betting became legal in Colorado in late 2019 and both online and retail betting launched the next year. The current sports betting market in the state is outlined below.

  • Legal Sports Betting: In-Person (inland), Online/Mobile (inland and offshore)
  • Minimum Sports Betting Age in Colorado: 21 (inland), 18 (through offshore sites)
  • Offline Betting in Person: Yes at multiple locations
  • Online Sportsbooks: Inland and offshore
  • Live/In-Play Betting: Inland and offshore
  • College Sports Betting: Inland and offshore
  • Horse racing: Inland and offshore
  • Estimated Sports Betting Revenue: Over $200 in 2022
  • Permitted Sports Betting Operators: Casinos in the state and 26 online sportsbook  apps
  • Licensing Fee: $10,000 initial fee and a 125,000% two-year license fee
  • Tax Rate: 10%
  • Tax Funded: A variety of state programs including education and infrastructure.

Timeline of Sport Betting in Colorado

Here’s a brief history of the state’s legislative efforts:

  • January 4th, 2023: Total handle is fast approaching $10 billion since launch with over $31.7 million generated in taxes from sports betting.
  • December 15th, 2022: Colorado sportsbooks registered record revenue in November, returning nearly $2 million in taxes for the state.
  • March 11th, 2021: Barstool Sportsbook Colorado, the Penn National Gaming controlled property, launches in Colorado. SI Sportsbook, partnered with 888, launches in Colorado. bet365 receives approval to offer online sports betting in Colorado.
  • May 1st, 2020 – The first online sportsbooks appear in CO.
  • 2019 – Voters approved proposition DD of HB 19-1327. Casinos in the state of Colorado can apply for a license to offer retail and online sports betting services.
  • 2016 – Return: Governor Hickenlooper signs bill H-1404, legalizing daily fantasy sports.
  • 2014 – Curveball: Governor John Hickenlooper delegalizes greyhound racing.
  • 2009 – The wagering limit is increased from $5.00 to $100 per bet. Roulette and craps are added to the list of games allowed at Colorado casinos.
  • 2000 – The State Lottery is authorized to offer multi-state jackpots, such as Mega Millions and Powerball.
  • 1991 – Land-based casino gambling appears in a limited capacity. The maximum bet limit is $5.00.
  • 1990 – Voters pass the Colorado Limited Gaming Initiative, which legalizes some forms of gaming in a few of Colorado’s mountain cities.
  • 1982 – The Colorado Lottery is created by the Colorado General Assembly.
  • 1958 – An amendment to the constitution allows bingo and other charitable games.
  • 1948 – Pari-mutuel horse race and greyhound racing is legalized, and the Colorado Racing Commission is established.

The Best Colorado Online Sports Betting Sites and Apps List 2024

Here are our top five recommended Colorado sports betting sites:

  1. BetOnline  –Best Colorado online sports betting site 2024
  2. Bovada  –  Great in-play betting
  3. MyBookie – Generous welcome and referral bonus
  4. Everygame–  Colorado sports betting site with improved welcome bonus
  5. XBet – Exciting new Colorado sports betting site
  6. Lucky Block – A wide variety of sports and plenty of crypto options
  7. BetUS –  Great bonus for crypto
  8. BetNow –  Competitive odds for all sports
  9. BUSR – One of the best sportsbooks in Colorado for horse racing
  10. Jazz Sports – Deep markets for Colorado sports betting

Best Colorado Sportsbooks Reviewed

Now that you’re familiar with our compilation of the top 10 sports betting sites in Colorado, let’s delve deeper into detailed reviews of our top recommendations.

1. Betonline – Best Colorado Online Sports Betting Site 2024

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]

If you’re looking into gambling in Colorado then BetOnline is one of the best Colorado sportsbooks, it has been a well-established and reputable sports betting site, since its inception back in 2001. It’s not hard to see why we think BetOnline comes out on top, you are able to wager across a diverse range of sports from basketball and baseball to martial arts.

The promotions are also second to none. The standout for us is the large welcome offer bonus, worth up to $1,000! There are also huge crypto, casino, poker bonuses as well as reload offers, so you can be sure of a reward no matter what your betting preferences are.

When it comes to sports betting in Colorado, live-in-play betting is also a key feature of this top sportsbook. You can place your live bets across multiple sports and international leagues and keep track of stats and scores, plus you can even stream selected sports matches here.

What we like:

  • Generous welcome bonus worth up to $1,000!
  • Well-established and reputable site
  • Diverse choice of sports to wager on
  • Quicker payout times than most Colorado online betting sites

What we don’t:

  • One of few sports gambling Colorado site that don’t support PayPal

 

2. Bovada- Great In-Play Betting Including Free Bet

bovada: Colorado betting site

Bovada is a large and well-known Colorado sports betting site, if you’re new to betting then they offer detailed sports betting guides to help you on your way. Famed for its NBA betting, with a dedicated and detailed prop builder, you have many wagering options to choose from to keep things interesting. You can also place wagers 24/7 and customer support is also available around the clock.

For all new bettors, there is a generous 50% deposit match bonus up for grabs. Even better, if you use cryptocurrency Bovada is well known for its bitcoin offers and right now is offering a mammoth 75% up to $750 bitcoin bonus, making it our top choice for Bitcoin betting sites in Colorado.

What we like:

  • Among the best sportsbooks in Colorado for bitcoin deposit bonuses
  • Large range of live prop bets
  • One of the best sportsbooks in Colorado for live streaming
  • 24/7 customer service support

What we don’t:

  • When sports betting in Colorado, charges apply for eChecks

 

3. MyBookie – Generous Welcome and Referral Bonus

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]

Another popular and well-known online sports betting Colorado site is MyBookie. Major sports are covered in much detail and you can place your bet on anything from the NFL and NBA to the Olympics, they also offer a range of wager options to choose from.

If you’re looking for the best Colorado sportsbook promotions then MyBookie offers a generous deposit match bonus of up to $1,000. There is also a sizeable refer a friend scheme, offering a 250% when your referral makes their first deposit – worth up to $250!

As well as having a sports news blog, one of the major features of the site is the ‘Top Bets’ section which includes all of the top picks for the day in Colorado gambling. Couple this with their betting app platform, you can place your wager, edit and add to your betting slip with ease.

What we like:

  • Top betting app functionality
  • One of the best sportsbooks in Colorado for sportsbook promotions
  • Supports various payment methods including cryptocurrency

What we don’t:

  • Esports section is limited

 

4. Everygame – Colorado Sports Betting Site with an Improved Welcome Bonus

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]With extensive coverage of the most recent football lines before each game, Everygame is a leading online Colorado sports betting site. Everygame not only provides betting lines for all the main sports but also has a unique “Parlay Prince” program that awards an additional $1,000 to the player with the biggest net profit on a single parlay bet over the previous month.

In-play betting is a popular feature in sports betting, and Everygame is taking the stage on this one with sports betting in Colorado. During NBA and NFL seasons, their improved halftime odds are among the best available. If the Broncos are down at the break but you think Russel Wilson can turn it around, place that bet on Everygame and the odds you get will be hard to beat anywhere else.

If you want a change of pace from the more traditional sports, unique prop bets for events like the US Powerbowl, politics, and the stock market may be found in the non-sports section. The two casinos at Everygame also have a wide selection of slot machines and table games as well as some amazing bonuses and competitions.

New gamers can choose from not one, not two, but three different sign-up bonuses which is an option that makes Everygame stand out from the competition. There are other Everygame promo codes users can benefit from once you have already claimed your welcome bonus

What we like:

  • Wide array of in-play markets
  • Solid sports and esports offering
  • Great selection of NFL lines
  • “Hot Bets” filter

What we don’t:

  • No live streaming

 

5. XBet – Exciting New Colorado Sports Betting Site

Xbet top sports betting

XBet is one of the most exciting new betting sites for gambling in Colorado. Although their initial welcome offer may seem lower than others (100% up to $500), the sportsbook also offers an array of other tempting rewards which can be found at the Xbet promo code page.

For example, XBet has an attractive refer-a-friend scheme of $100 bonuses per referral – unlimited! It’s also a top choice for horse racing fans as you can get up to 7% cashback which is paid daily, eligible when you wager across any qualifying track!

There is also a huge amount of supported payment options available,  including all of the popular cryptocurrencies such as Bitcoin, Bitcoin Cash, and Litecoin. As well as more traditional methods like credit and debit cards.

What we like:

  • Unlimited 100% referral bonuses
  • Generous horse racing cash rebate
  • Fast payouts and extensive payment options
  • $500 welcome bonus is among the best Colorado sports betting promotions on offer

What we don’t:

  • Smaller welcome bonus compared to other sites

 

6. BetUS – Great Bonus for Crypto

 

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]BetUS is one of the standouts when it comes to CO online sports betting, with 25 years in the business, this sportsbook prides itself on being one of the pioneers in the market. Not only is it one of the safest and secure sites for sports wagering, but it also covers a wide range of betting activities across many sports such as baseball, hockey, golf, martial arts, and motorsports.

This Colorado sportsbook has a vast range of promotions on offer. The welcome bonus is unbeatable – you can get a 125% deposit match bonus up to $3,125! Simply use the BetUS promo code JOIN125 to claim now. The great thing about this is that it includes a 100% sports bonus as well as a 25% casino bonus, giving new bettors more options and variety.

Another main feature is the ‘Locker Room’ where you can find all of the latest sports and gambling news and entertainment.

What we like:

  • Some of the best Colorado sports betting promotions on offer anywhere
  • Offers the largest welcome bonus
  • Great customer service with live chat function
  • Live betting is available at the CO sports betting site

What we don’t:

  • Fewer payments options than other Colorado online betting sites

 

7. BetNow –  Competitive Odds for All Sports

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]

BetNow is relatively new to the game, but it has established a loyal fanbase. Besides having a competitive overall gambling product, the bookie has excellent BetNow promo codes with very achievable requirements. So, whether you’re only just signing up or you’ve been wagering at the sportsbook for a while, you’ll find top value.

A quality gambling experience for Colorado’s sports betting users looking to wager on the premier North American leagues: NBA, NFL, MLB, etc is readily available at BetNow. If you plan to bet on more niche European sports, however, you might not be as impressed as options are limited to mostly soccer and hockey leagues.

BetNow has an easy-to-use website that makes placing in-play bets simple and smooth. Your wagers will be graded and credited to your account in real-time, so there’s no waiting around to confirm your win. They also offer great odds on futures, so place your bets on the Broncos to win the Superbowl and if it happens, your winnings will be amongst the best available.

One area where BetNow shines in is the selection of banking options. You can deposit via a wide range of payment processors, including major credit cards like Visa, Mastercard, and American Express. Bitcoin is one of the few crypto options available. The minimum deposit amount is a reasonable $20 and bettors can deposit as much as $40,000 at a time.

What we like:

  • User-friendly website
  • Accounts credited in real time
  • Great promo codes
  • Flexible banking options

What we don’t:

  • Limited coverage of non-US sports

 

More on gambling in Colorado…

Learn about all types of online gambling in Colorado in our expert guides below:

Colorado Online Sports Betting Sites Comparison

Now that we have uncovered our top Colorado sports betting sites, let’s compare these sportsbooks! We will compare the types of sportsbook bonuses, markets, and features that they offer:

Sportsbook Sign-Up Bonus Bonus Code Sports to bet on Live Betting Live Streaming
BetOnline 50% up to $1,000 INSIDERS 40+
Bovada 75% 3x up to $750 N/A 40
MyBookie 50% up to $1,000 INSIDERS 25+
Everygame 3x $250 up to $750 INSIDERS 40+
XBet 50% up to $500 INSIDEX 25+
Lucky Block 200% Bonus up to 10,000 EUR + 50 Free Spins N/A 40+
BetUS 125% up to $2,500 INSIDERS 25+
BetNow 150% up to $150 INSIDERS 12+
BUSR 150% up to $2, 500 INSIDER150 20+
Jazz Sports 50% up to $1,000 INSIDERS 15+

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How We Select the Best Colorado Sports Betting Apps

When it comes to picking the best sports betting app in Colorado, there’s a lot to think about. Here are the main factors we look at in our app reviews, which is how we rank them:

Licensing & Security 

It’s absolutely essential that you feel safe when using a Colorado betting app. That’s why we only review offshore sportsbooks that are licensed in their home countries and that use SSL encryption or other forms of security to keep your account safe.

Mobile Betting Experience

The mobile betting experience should be as seamless as possible, so that it only takes a few seconds to place a wager. We particularly look for apps like Bovada that ensure your bet slip is always just a tap away. Having a parlay builder, like on the MyBookie mobile site, is also a plus.

Betting Markets & Odds

The more sports a bookie carries for wagering, the better. That’s why many of the Colorado betting apps we recommend have 20 or more different sports. Bovada and BetUS have 22 sports each, including new markets like esports and traditional markets like horse racing.

Mobile Betting Bonuses

Most top online sportsbooks offer welcome bonuses to attract new players, as well as reload bonuses and other promotions to reward you for coming back. These bonuses can add up to a lot of money – for example, BetUS gives new players up to $2,500. When comparing bonuses, we look not only at the total dollar amount, but also the terms and conditions for playing the bonus.

Live Betting & Streaming on Mobile 

Live betting has become a must-have feature for Colorado betting apps. In fact, you’ll find it on all of the top 10 sportsbook apps we reviewed. Streaming is likely the next big trend, but for now not many betting apps offer it – Bovada is the only app we reviewed that comes with live streaming.

Payment Methods

How you can pay – and how you can get payouts – is an important part of our Colorado sports betting app reviews. We prioritize apps like BetOnline and MyBookie that offer a wide range of payment methods, including cryptocurrencies like Bitcoin, Bitcoin Cash, and Litecoin. We also consider how quickly apps process withdrawals.

Customer Support

When something isn’t working with your betting app, it’s important to be able to get in touch with customer support right away. Many of the top apps, including BetOnline, MyBookie, and Bovada, offer 24/7 in-app support.

Colorado Betting Apps for iPhone & Android

Regardless of whether you have an iPhone or an Android device, you can play with any of the top Colorado betting apps. That’s because all the apps we reviewed are available both in the Apple App Store and in Google Play. For sportsbooks that offer a mobile-friendly site instead of an app, you can access the site from any device.

That said, there can be small differences between the iPhone and Android versions of individual apps. We recommend the BetOnline app for Android users and the Bovada app for iOS users.

Colorado Sportsbook Apps for Tablet

You can also use Colorado betting apps on tablets. iPads will use the iPhone app, while most other tablets will use the Android app. You can also access any Colorado sportsbook from your tablet’s browser, and it should work fairly well even if the site isn’t designed for mobile devices.

Who can Bet at Colorado Online Sports Betting Sites and Apps?

Anyone 21-years of age and over and located in the state may place a sports bet in Colorado. Players can visit a physical sportsbook or use a computer or mobile device to wager online.

Colorado sports wagers can be placed with online legal sports betting websites or mobile sports betting apps via a computer or mobile device. The Colorado Division of Gaming oversees all sports betting in the Centennial State.

Remote registration allows both Colorado’s residents and visitors to sign up and start betting online without verifying their identity at a retail sportsbook. This is of major significance in CO as players would otherwise be required to visit a licensed casino — none of which are located in the more populated areas of Colorado.

How to Bet on Sports in Colorado

A Coloradan can place a wide variety of wagers by utilizing an offshore sportsbook. Follow our guide to open a sports betting account to enter lucrative sports action. If you are of legal age, the following steps apply to you if you use a computer, an Android device, or an iPhone.

1. Find the Join or Registration Button

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]

 

A registration section is always available at offshore sportsbooks. For Colorado sports bettors, a join or register button is usually found at the top of the screen. The site may offer a separate mobile registration section for Coloradans registering via portable devices. Before submitting your registration application, ensure that all your personal information is correct and review the sportsbook’s terms and conditions.

2. Submit A Credit Card Authorization Form

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]

You can deposit at all of these sportsbooks using a credit card. Unlike cryptocurrencies like bitcoin or popular e-wallets such as Neteller or Skrill, credit cards can sometimes take a while to process. Before receiving approval from their cashier, credit card casinos require new members to complete a credit card authorization form.

3. Check for Sports Promotions

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]

The sports bonuses offered by offshore betting sites can help Colorado residents increase their chances of winning. Before placing a wager, check the promotions section. A $250 sports bonus is available at Bovada at the moment.

4. Brush Up on the Sports Betting Glossary and the Bet Slip

Colorado Online Sports Betting Sites and Apps - Best Online CO Sportsbooks in [cur_year]

Offshore sportsbooks allow you to wager on sports in several ways. Those who bet on sports in Colorado can place straight bets, parlays, teasers, or combinations of these.

How to Download a Colorado Betting App

Ready to start playing with the best sports betting app in Colorado? We’ll show you how to sign up for BetOnline, which offers a $1,000 welcome bonus, a seamless mobile experience, live in-game betting, and much more.

Step 1: Download the BetOnline App

To get started with BetOnline, download the mobile app from the Apple App Store or Google Play.Download BetOnline App from Google Play

Step 2: Sign Up

Once the app is installed on your device, open it and click ‘Join Now’ to create a new account. Enter your name, email, phone number, and birthday, and then choose a password.Sign up for BetOnline on Mobile

Step 3: Verify Your Email

Before you can deposit funds, BetOnline requires you to verify your email address. Just find the confirmation email you received after sign up and click on the link inside to complete this step.

Step 4: Deposit Funds

Next, you can make your first deposit using a debit card, credit card, Bitcoin, Bitcoin Cash, Ethereum, Ripple, Litecoin, or bank transfer. BetOnline only requires a minimum deposit of $10, but keep in mind that your first deposit is eligible for a 50% deposit match up to $1,000 with promo code BOL1000.BetOnline Mobile Cashier

Step 5: Start Betting

Once your account is funded, you’re ready to place your first wager. Head to the BetOnline lobby and tap to select an upcoming match. You’ll see a list of all available wagers, and you can simply tap to add bets to your bet slip. When you’re ready to place your bets, navigate to your bet slip and tap ‘Place Bets.’ Then, sit back and watch the game play out!BetOnline Sportsbook Mobile App Lobby

Is Sports Betting Legal in Colorado?

Sports betting was legalized in Colorado in November 2019 and the first sportsbooks in the state went live on May 1, 2020. Since then, 25 online sportsbooks and 17 retail sportsbooks have been licensed by the state’s gambling commission. Most retail sportsbooks are located in existing casinos throughout Colorado.

Colorado bettors can place a bet with any of these online or physical sportsbooks at any time. You don’t have to be a resident of the state to bet – the only requirements are that you’re at least 21 years old and located inside the state’s boundaries.

Notably, offshore sportsbooks are not legal in Colorado, even though they offer many of the same betting markets as legal Colorado betting apps. These sports betting apps – which include all of the top 10 apps we reviewed – are not licensed by the state.

Gambling Tax in Colorado

Colorado levies a 4.63% flat tax rate on all income, including earnings generated from gambling and sports betting. This tax is on top of the 24% federal tax, withheld and paid to the IRS by the casinos and other gaming providers in the Centennial State.

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Payment Methods Available at Colorado Online Sports Betting Sites

Gamblers in Colorado can now use various methods, including online bank transfers and electronic wallets, to transfer and deposit money through legal gambling websites. In the following sections, we’ll consider the most popular payment options, so you can compare their advantages and disadvantages before choosing the one that best meets your needs.

Crypto Betting Options

It is expected that you will be able to choose from multiple bitcoin gambling sites by 2022. Since bitcoin betting websites are providing higher cryptocurrency bonuses to gamblers and those with a lot of money, the competition has increased.

Bitcoin and cryptocurrency betting websites are popular due to their easy withdrawals and deposits along with low fees and a wide selection of games that accept Bitcoin and other cryptocurrencies.

Bitcoin and other altcoins such as Bitcoin Cash, Ripple, and Ethereum are the most popular cryptocurrencies accepted by gambling sites.

eWallet Betting Options

If you use electronic wallets to bet on sports online, you are more secure. Refunds and withdrawals can be made using this method at online sportsbooks. For the first time, you may also use an e-Wallet to make your first online wager. Various digital wallets are accepted by many of the top sportsbooks on the internet.

In the United States, PayPal is a popular electronic wallet option for those betting on sports. Venmo, Skrill, and Neteller are other popular e-wallets.

Traditional Payment Methods at Colorado Betting Sites

Bank accounts are most commonly opened with credit cards. Colorado residents can deposit on all offshore sportsbooks listed below using credit cards. Furthermore, some sportsbook destinations require their customers to authorize the use of credit cards before they can access their services. Credit cards like Visa and MasterCard are most commonly used, but some websites accept American Express.

Bonuses at Colorado Sportsbooks

In a bid to attract new customers, the best Colorado sports betting sites offer several welcome promotions. Here are the types of bonuses you’re most likely to encounter:

Colorado Sports Betting Sites Bonus Comparison

Welcome Bonus Promo Code Minimum Odds
BetOnline 50% deposit match up to $1,000 INSIDERS 2
Bovada 75% Bitcoin deposit  match up to $750 Not required 2
MyBookie 50% deposit match up to $1,000 INSIDERS 2.5
Everygame 3 x 100% deposit match up to $750 INSIDERS 2
XBet 100% deposit match up to $500 INSIDEX 2
BetUS 125% sportsbook deposit match up to $2,500 JOIN125 2.8
BetNow 100% deposit match up to $500 INSIDERS 2.6
BUSR 150% deposit match up to $2,500 INSIDER150 2.6
SportsBetting.ag 50% deposit match up to $1,000 INSIDERS 2.5

Matched Deposit Bonus

With a matched deposit promotion, your bookmaker awards you a bonus that grows linearly with the size of your first deposit. Typically, the bonus equals 20% to 100% of your deposit and maxes out between $200 and $1,000. As a general rule, the higher the percentage, the lower the maximum value of the bonus.

Unfortunately, there’s no such thing as a free lunch. To claim and withdraw your bonus funds, you typically have to meet several requirements, which vary by sportsbook:

  • Wagering requirement (WR): also known as the playthrough requirement, WR refers to the number of times you must play through a bonus before you can withdraw it. Unfortunately, the WR at most Colorado betting sites is prohibitive.
  • Expiration date: some bonuses expire if you fail to claim them within a certain time. For instance, most of Twinspires’ welcome bonuses expire 30 days after you activate your account. Furthermore, meeting bonus wagering requirements can be subject to time restrictions as well.
  • Minimum odds: for example, at DraftKings, only bets at odds of -300 or longer count towards satisfying bonus wagering requirements.
  • Minimum deposit: most bookies make claiming a matched bonus contingent on depositing a certain minimum amount. The minimum qualifying deposit is usually identical to the minimum deposit overall, but the two minimums vary in some sportsbooks.

Free bet offers

Free bet bonuses come in different shapes and forms. For instance, a matched deposit bonus is practically a free bet because it allows you to place wagers for free. Other sportsbooks offer free bets as cashback on losing wagers.

Whatever form your bonus assumes, look out for the following restrictions whenever you spot a “free bet” promotion:

  • Minimum deposit: does your sportsbook demand that you deposit money before awarding a free bet token? If so, what is the minimum size of the deposit?
  • Minimum wager: do you have to place a wager with your money to activate your bonus? If so, how big does that wager have to be
  • Minimum odds: do you have to place your initial wager or free bet on lines with certain minimum odds?
  • Expiration date: do you have to use your free bet within a certain time?
  • Eligible markets: is your free bet token valid only for specific markets? Do any market restrictions apply to your qualifying wager?

No deposit bets

The holy grail of Colorado’s sports betting bonuses. We call it that because all punters desire it and also because it’s impossible to find. No deposit bets are available only at a handful of offshore sportsbooks, typically ones that are new to the market and are willing to pour substantial capital into attracting new users.

The best Colorado sportsbooks, hold a strong reputation and boast substantial user bases, making them highly unlikely to offer no deposit bets in the future.

Other Colorado sports betting bonuses

Besides the three bonus types described above, the best Colorado sportsbooks feature re-deposit bonuses, enhanced odds promotions, profit boosts, and other recurring promotions designed to retain existing players and reward loyalty.

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Popular Sports to Bet on in Colorado

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NFL
A complete guide to betting on America's Game. Learn how NFL odds and markets work, read our reviews of the top NFL sportsbooks and prepare to beat the spread.
NFL Betting
NCAAB
From the NBA Draft to March Madness and everything in between, our NCAAB betting guide sets out the key components to betting on college basketball.
NCAAB Betting

Start Betting in the NFL

Bets on the NFL are the most popular at sportsbooks, and there are many ways to get in on the action.

In Colorado, you have several NFL betting markets to consider.

  • All regular-season money lines, spreads, and totals
  • Betting types for NFL playoff games and the Super Bowl
  • Prop bets for every NFL game
  • All games on the NFL schedule will be live-betted
  • Future NFL predictions – Super Bowl winner, Rookie of the Year, etc.

Start Betting in the NBA

The NBA is one of the biggest draws at the betting window, and many seasoned bettors like to wager on it. You can get in on the fun in several ways, including futures bet on the Denver Nuggets to take down the Western Conference or a prop bet on how many points Nikola Jokic will score next time out.

Here are a few of the best NBA betting opportunities you can find.

  • All regular-season money lines, spreads, and totals
  • The NBA Finals and all playoff games are available for betting
  • Prop bets for each NBA game
  • You can bet on every NBA game live
  • Conference winners, league MVPs, etc. – NBA futures.

Start Betting in the MLB

From opening day to the World Series, betting on MLB is a big highlight at sportsbooks. With futures and props, the opportunities are nearly endless.

The following are some of the most popular MLB betting markets:

  • All regular-season Moneyline, online, and totals
  • For playoff games and the World Series, all bet types are available
  • Each MLB game has a prop bet
  • You can bet on every MLB game live
  • Futures for MLB – pennant winners, Cy Young Awards, etc.

Start Betting in the NHL

Betting interest is high for the fastest game on ice. You can bet on the NHL in Colorado, including Avalanche-specific bets. In addition, there are various prop bets on what the star forward Nathan MacKinnon has in store for his next game or a futures wager on the team to win its division.

The following are some of the top NHL betting markets in online and mobile sportsbooks.

  • Each regular-season game’s money line, goal line, and totals.
  • You can place bets on playoff games and the Stanley Cup
  • Props for every NHL game
  • You can bet on every game on the NHL schedule
  • In the NHL, a future winner of the Stanley Cup, the Vezina Trophy, etc.

Live Betting & Streaming at Colorado Online Sports Betting Sites

Each of our recommended Colorado sports betting sites offers in-play wagering along with early cash outs. Live betting is available everywhere, too, but there are differences.

Learn More About Betting With BBI Guides

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Over Under Betting
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Futures Betting
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Handicap Betting
Explore how handicap betting works, which betting sites are best for handicap betting, strategies that will allow you to win more from these bets & more.
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Hedge Betting
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Live Sports Betting
Discover the top 10 best sportsbooks with live sports betting, the legality of live sports betting, some of the best bonuses out there and so much more.
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Parlay Betting Guide
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Bets that are Illegal in Colorado

There aren’t many restrictions on sports betting in Colorado. As a result, the Centennial State offers a wide range of betting opportunities for Coloradans and visitors alike.

The following exceptions are highlighted, however:

Politics

The state of Colorado does not allow betting on politics in any way.

Awards ceremonies

The Academy Awards are off-limits, even though celebrity and pop-culture events are popular with offshore sites.

How Colorado Sports Betting Compares to its Neighbors

In fact, sports betting has not yet been legalized in many states around Colorado. Colorado, however, has been outperforming other states in terms of sports betting.

According to a market report published by Eilers and Krejcik, several states have already legalized sports betting. Data from the report shows two distinct groups. First, some states have legalized sports gambling before 2020. This group consists of states with a wide range of sports betting policies. Nevada, for instance, charges $500 per year for its operator license.

On the other hand, Pennsylvania charges a one-time fee of $10 million. Nevada has a tax rate of 6.75%, while Rhode Island has a tax rate of 51%. The states that will legalize sports betting in 2020 often have more closely aligned policies (except for Illinois’ operator fees).

The fact that these policies are less varied implies the development of industry standards. In addition, the 2020 states have observed and vetted other states’ legal sports betting legislation to create more informed gaming guidelines.

Daily Fantasy Sports at Colorado Sportsbooks

DFS contests have been legal in Colorado since 2016, when Gov. John Hickenlooper signed H-1404.

Daily fantasy sports operators, offer their services within Colorado in full compliance with local regulations.

Horse Racing at Colorado Online Sportsbooks

Horse race betting never took off in Colorado, as evident by the presence of just one lonely race track, the Arapahoe Park Horse Track. Two other race tracks, Pikes Peak Meadows and Centennial Race Track, came and went over the years.

On the flip side, there are currently ten off-track sports betting Colorado locations and counting. Each OTB offers pari-mutuel betting, in addition to simulcasts from tracks worldwide. Furthermore, OTBs offer advance deposit wagering (ADW), allowing punters to bet on horse races over the phone or online.

Here’s a list of open OTBs:

  • Arapahoe Park – Aurora
  • Off To The Races – Pueblo
  • Big D’s OTB at El Bandido Nightclub – Garden City
  • Sundance Steakhouse & Saloon – Fort Collins
  • Celtic On Market – Denver
  • Havana Park – Aurora
  • Elevated Stakes – Colorado Springs
  • Odds On OTB – Arvada
  • Mirage Sports Bar – Littleton
  • Golden Mardi Gras OTB – Black Hawk

Esports Betting at Colorado sportsbooks

Colorado is one of a handful of US states that legalized eSports betting. As a result, you can use any of the best Colorado sportsbooks to wager on League of Legends, CS:GO, Overwatch, Dota, Warcraft, and Valorant tournaments.

Types of Betting Markets at Colorado Sportsbooks

The breadth of betting markets available at Colorado sports betting sites reflects the breadth of choices at the top offshore bookmakers. Here’s a brief rundown of the most popular options:

  • Moneyline – entails picking the outright winner in an event. In some sports disciplines, such as soccer, the moneyline also lets you put money on a draw.
  • Spread betting – you wager that a team’s final score will exceed or fall under a certain point margin determined by the sportsbook. This type of betting is prevalent in basketball.
  • Totals – wager on a match’s total points, goals, or other significant outcomes.
  • Future betting – attempt to predict the outcome of an event or series that will conclude in the future. It’s different from moneyline betting in that you aren’t betting on the outcome of a single match.
  • Live betting – place bets and adjust wagers as the game plays out. The best Colorado sports betting sites offer live streams, taking live betting to a different level.
  • Parlays – connect several predictions into a single mega wager with an equally mega potential payout. Remember that all “legs” of your parlay must succeed; if even one leg misses, you void your entire parlay.

Deposit & Withdrawal Methods at Colorado Sportsbooks

Sports betting in Colorado wouldn’t be possible without a strong network of reliable payment methods. Nevertheless, available payment options vary between the best Colorado sportsbooks, so knowing which bookie offers your preferred banking options is essential.

When it comes to deposits, PayPal, VISA, and Mastercard credit/debit cards and gift cards are supported by every provider in the state. Additionally, some bookies accept deposits through Play+, bank transfers, and PayNearMe. Bookies with a land-based presence allow you to fund your account using physical cash as well.

In terms of withdrawals, available choices are more varied.

All this is to say that there are many options available, so you’ll just have to explore and choose. To help you out, we compiled the following table of deposit and withdrawal methods:

Sportsbook Deposit and Withdrawal Methods Min Deposit Min Withdrawal Payout Time
BetOnline Credit card, debit card, wire transfer, money order, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple $10 $100 1-48 hours
MyBookie Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash, Ripple, Ethereum $25 $100 1-48 hours
Bovada Credit card, debit card, Zelle, Bitcoin, Bitcoin Cash, Litecoin $10 $500 1-24 hours
BetUS MasterCard, Visa, Bitcoin, Bitcoin Cash, Litecoin, Ethereum $10 $100 1-24 hours
XBet VISA, Mastercard, AmEx, Bitcoin $25 $100 24-48 hours

Unfortunately, Colorado online sports betting lacks Bitcoin and other cryptocurrency deposits.

Colorado Mobile Betting Apps

When it comes to Colorado sports betting online, mobile applications are omnipresent. A sportsbook would not compete in CO’s ever-fiercening market without a robust Colorado betting app for Android and iOS devices.

Importantly, modern mobile betting applications are packed to the brim with betting features, promotions, live streams, and everything else you expect from a browser-based app. In other words, a mobile app no longer implies a significant compromise; it’s often simply the smarter way to bet.

Overall, if betting on the go (or couch) is up your alley, you’ll find that sports betting Colorado has a lot to offer.

CO Legislative Resources

For residents of Colorado interested in finding out more information on current legislation to do with sports betting and gambling in the state or would like to contact local and state representatives to express their opinions or concerns on the subject they can use the links below.

CO Gambling Resources

If you believe that you or someone you know has a gambling problem, then we encourage you to get in contact with the NCPG Colorado or the CDOR problem gambling resources found at the links below, they can provide advice and local information, and treatment services in your area.

Best Colorado Online Sports Betting Sites: Conclusion

The CO online sports betting industry is thriving. Thousands of residents are already betting with regional operators, and many more will join their ranks in the coming year. The wait is over. Sign up for an account with our top-tier CO bookmakers and get in on the action!

BetOnline Sports logo

50% up to $1000 Welcome Bonus

5 Stars Play Now

Colorado Online Sports Betting FAQs

Is mobile sports betting available in Colorado?

What is the legal gambling age in Colorado?

Is online sports betting legal in Colorado?

Is FanDuel legal in Colorado?

Who oversees Colorado sports betting?

Where can I bet on sports in Colorado?

Joe Yarnold joined the Basketball Insiders team in October 2021, as a content editor and writer. He obtained his Master’s degree from Framingham State University and has experience writing educational and explanatory articles on all forms of gambling. Although he specializes in casino gaming, NFL, soccer and NBA betting, he has well-rounded knowledge and insight of most sports. His expertise also include researching and analyzing the latest federal and state gambling laws and regulations in the US.