Sports Betting Colorado

1. Casino Sports Betting Colorado
2. Sports Betting Odds
3. Mgm Online Sports Betting Colorado
4. Sports Betting Stocks

Colorado sports betting is a thriving ecosystem with new entrants emerging all the time. There are 16 live online sportsbooks in Colorado at the time of this writing, and over a dozen more sportsbook licenses up for grabs. The Colorado Limited Gaming Commission still has plenty of room to grow Colorado’s sportsbook industry, which got an impressive start out of the gate in its first months in business.

Most of Colorado’s sportsbooks are either standalone companies or the result of casino partnerships. DraftKings, FanDuel, and William Hill are companies whose core businesses are sportsbooks. However, Colorado’s homegrown casinos want in on the red-hot sports betting industry, too. Many have either partnered with sportsbook companies or developed their own. BetMonarch is one such sportsbook app that’s wholly owned and developed by Monarch Casino. Another is Sky Ute SportsBook, the first tribal-run sportsbook to launch in the state.

Online sports betting has taken off like a rocket in Colorado. That may be because it’s the safest betting option in the social distancing age. However, Colorado’s online sportsbooks are competitive choices for bettors’ funds. Here’s everything bettors need to know about them.

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As a global hospitality and entertainment company, BetMGM is not only licensed to operate casinos and resorts in multiple states, we also offer great online sports betting. If you are based in Colorado, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia or West Virginia, all of our excellent sports betting services are available to you on all personal computers, such as desktops and laptops, as well. The Colorado Limited Gaming Control Commission and the Colorado Division of Gaming oversee the state’s sports betting industry. It was May of 2020 when the first operators released mobile betting apps, and now there are plenty to choose from. The Colorado State Legislature approved measures to bring legal sports betting to Colorado in early June 2019, and as of May 1st, 2020, the Colorado legal sports betting industry is up and running.

The Best Colorado Sports Betting Sites & Bonus Offers

• William Hill >> Claim $500 Free Bet With $250 Deposit
• BetRivers >> Claim 100% Deposit Match Bonus Up To $250
• FanDuel Sportsbook >> Claim A $100 Risk-Free Bet
• PointsBet >> Claim $1500 In Two Risk-Free Bets With Bonus Code BIGBONUS
• DraftKings Sportsbook >> Claim 20% Deposit Match Bonus Up To $1000

Colorado Online Sports Betting Sites For December 2020

Pro sports got off to a late start this year due to the pandemic, and Colorado has mostly reopened since the March stay-at-home orders were rescinded. But even the lack of professional sports and the pandemic couldn’t deter Colorado from opening its first legal sportsbooks on May 1, or the bettors from flocking the newly launched sites and apps.

The launch of online sports betting in Colorado took some navigating, as officials grappled with the fallout from coronavirus. At the time of launch, there were few sports to bet on, but the market has done very well in the first months, even with bettors at first confined to wagering mostly on golf or table tennis. Here are the online sportsbooks who’ve secured partnerships in Colorado so far.

In addition to our top recommendations above, these are all of the sports betting apps in Colorado that are licensed, regulated in Colorado, and available for download:

The Best Colorado Online Sportsbooks (Ranked By Our Editors)

Best For New Bettors

$500 Free On $250 Deposit

Available On: Web, iOS, Android

Best For New Bettors

William Hill Colorado

4.7

An international sports betting brand, William Hill is taking its top-notch reputation to the US sports betting industry. Currently available in almost a dozen states, they offer all domestic and international sports odds. William Hill offers a $500 free bet to new bettors who deposit $250 or more.

William Hill Colorado

Bonus: 100% up to $500 on deposit

Retail Partner: Eldorado Resorts (Caesars Entertainment)

UK-headquartered William Hill is one of the biggest and most widely available sportsbooks in the US. Partnered locally with Eldorado Resorts (now Caesars Entertainment), William Hill kiosks have been available in Black Hawk since July, but the app didn’t launch until Sept. 8. New sign-ups can get up to a $500 risk-free bet with our exclusive link.

Best Mobile App

20% Deposit Bonus Up To $1000

Available On: Web, iOS, Android

Best Mobile App

DraftKings Colorado

4.9

DraftKings is one of the top US sports betting brands after making its name in the Daily Fantasy Sports industry. They offer one of the best mobile apps, with a easy-to-use interface. The interface makes it easy for new bettors to find sports, odds, and to place a bet. They offer a deposit bonus up to $1,000.

DraftKings Sportsbook Colorado

Bonus: 20% up to $1000 on deposit

Retail Partner: Mardi Gras Casino

DraftKings Sportsbook is one of the top US brands in sports betting, and it’s open for business for sports bettors in Colorado. Its variety of sports and lines are almost unmatched, and it offers some unique betting opportunities like teasers and parlays. It also has frequent bonuses and promotions.

Best Deposit Bonus

100% Deposit Bonus Up To $250

Available On: Web, iOS, Android

Best Deposit Bonus

BetRivers Colorado

4.7

BetRivers makes it easy to start betting in Colorado. New bettors can claim a 100% deposit match bonus up to $250 with only a 1x playthrough. This makes BetRivers Colorado the perfect choice for more casual bettors. For more experienced bettors, check out the BetRivers jackpot parlay bet.

BetRivers Colorado

Bonus: 100% up to $250 on deposit

Retail Partner: J.P. McGills

BetRivers is owned by Rush Street Interactive, which makes iGaming platforms in addition to its sportsbook offering. One of BetRivers’ differentiators is its extensive rewards system, which start at the basic level but top off at the “luxury” rewards for higher-tier wagers.

Best Betting Experience

$1000 Risk Free Bet Offer

Available On: Web, iOS, Android

Best Betting Experience

FanDuel Colorado

4.9

Much like DraftKings, FanDue Sportsbook made its name on Daily Fantasy Sports but now offers online sports betting across the US. The FanDuel Colorado app is one of the strongest in the state, with all major sports and some minor events as well. The interface is easy to understand the sportsbooks offers competitive odds.

FanDuel Sportsbook Colorado

Bonus: $1000 Risk-Free Bet

Retail Partner: Golden Gates Casino

Once known only for fantasy sports, FanDuel Sportsbook is all grown up, serving CO sports bettors 24 hours a day. FanDuel Sportsbooks has lines on MLB, NFL, NHL, and NBA, along with all kinds of other sports and events, both niche and mainstream. It has bets on the spread, the moneyline, halves and quarters of select games, and the over/under, and offers highly competitive odds in the CO sports betting landscape.

Best For Experienced Bettors

$1,500 In Two Risk Free Bets

Available On: Web, iOS, Android

Best For Experienced Bettors

PointsBet Colorado

4.9

Australian sports betting brand, PointsBet, is one of the newest sportsbooks to launch in Colorado. Offering competitive lines on US and international sports, PointsBet offers a high-risk, high-reward options for experienced bettors in their PointsBetting system.

PointsBet Colorado

Retail Partner: Double Eagle Casino

Australian-owned PointsBet is a mobile gaming partner of Double Eagle Casino in Cripple Creek. PointsBet was one of the first sports wagering companies to announce its intentions to operate in Colorado and was awarded an online license on March 19. They finally launched their online sportsbook app in November 2020.

PointsBet offers a unique winnings boost if your team wins big, called PointsBetting, offering multipliers for winning wagers based on the number of points a team wins a game. PointsBet also has a partnership with Koenke Sports & Entertainment to be the exclusive gaming partner of the Avalanche, Nuggets, Colorado Mammoth, and the Pepsi Center itself.

All Colorado Sports Betting Sites

SportsBetting.com

Bonus: $150 deposit bonus

Retail Partner: Carousel Group (Johnny Nolon’s, Cripple Creek)

SportsBetting.com gives new players up to $150 dollar deposit bonus. New users who deposit $10+ will get 100% bet credit up to $150 dollars using our exclusive link right here.

BetMGM

Bonus: $500 Deposit Bonus

Retail Partner: Midnight Rose

MGM is a premier name in gambling and entertainment, and its sports betting app BetMGM is available to CO sports bettors. BetMGM currently operates in Colorado, Indiana, New Jersey, and West Virginia.

BetMonarch

Retail Partner: Monarch Casino

Monarch Casino in Black Hawk launched BetMonarch in May 2020, the first fully in-house sportsbook in the state developed by a casino. It offers the sports and leagues you’d expect lines on, but it also has an advantage many other sportsbooks don’t: BetMonarch rewards points players accumulate through their play can earn free hotel stays, meals, and more.

FOX Bet

Retail Partner: Eldorado Resorts (Caesars Entertainment)

Fox Bet’s local gaming partner is the Lady Luck Casino in Black Hawk, owned by Eldorado Resorts, which recently acquired gaming giant Caesars Entertainment, as well as the Isle Casino. Fox Bet has some solid bonus offers, including a $1,000 sign-up bonus ($500 risk-free bet + 100% match bonus of up to $500). In addition to the standard slate of sports to bet on, Fox Bet offers a wide range of betting boost, which are riskier, but could be lucrative wagers for lucky bettors.

SBK Sportsbook

Retail Partner: Christmas Casino*

SBK Sportsbook by Smarkets has a different approach to setting odds from most sportsbooks. Rather than making its money tilting the odds in its favor, SBK charges a 2% commission on bettors’ net winnings. The odds are then created as a consensus is slowly reached among where bettors are putting their money. SBK is a bit light on welcome bonuses, but it does offer a refund of the first $20 in lost bets over multiple bets.

Sky Ute SportsBook

Retail Partner: Sky Ute Casino

The launch of Sky Ute SportsBook made a bit of history for Colorado sports betting as the first tribal-owned casino in the state to launch its own sportsbook. Being on tribal lands, Sky Ute isn’t beholden to Colorado state laws governing odds, so they say their lines are some of the best in the state. Bettors can fund an account and start betting with just $25.

Circa Sports

Retail Partner: Century Casinos

Circa Sports, a Las Vegas-based sports wagering operator, was the first partnership agreement struck by Century Casinos, which operates two eponymous casinos in Colorado, one in Black Hawk, the other in Cripple Creek. Circa Sports is partnered with the Cripple Creek location, so that’s where eventual Circa-branded kiosks and windows will most likely be located. Circa offers multiple deposit and withdraw options, and has some of the best odds on favorite to win bets of any CO sportsbook.

BetWildwood

Retail Partner: Wildwood Casino

Cripple Creek’s first retail sportsbook, Woody’s at Wildwood, was also the first self-launched app by a casino in Colorado’s southern gambling resort town. BetWildwood offers sports bettors moneyline and spread bets on a variety of sports, and has live in-game betting for many. There are numerous deposit/withdrawal options, and it offers new members a $50 free bet.

ELITE Sportsbook

Retail Partner: Red Dolly Casino

ELITE Sportsbook was the 11th sportsbook to launch in Colorado. Bettors can start placing wagers on its website or through the app right now. ELITE Sportsbook offers bettors a variety of prop bets and parlays, and promotions will be available, including a sign-up bonus worth up to $1,000 in free bets. The company says it will be the only sportsbook in the state to offer a progressive parlay.

theScore Bet

Retail Partner: Jacobs Entertainment

theScore bet is a popular sports betting platform that launched in Colorado in September through its partnership with Jacobs Entertainment, which owns and operates the Lodge Casino and Gilpin Casino, both in Black Hawk. theScore debuted in New Jersey in 2019, the first ever sportsbook launched by a North American Media company, Score Media.

Betfred

Retail Partner: Saratoga Casino

Betfred, a major player in the United Kingdom sports betting market, expanded into the US in 2020, with the first Betfred USA sportsbook opening at Iowa’s Grand Falls Casino. The brand’s second US location is Colorado. Saratoga Casino has partnered with Betfred USA for its sports betting platform. Betfred operates more than 1,500 locations in the UK. Betfred’s sportsbook was the very first retail window to open in Colorado, giving it a first-mover advantage.

Not-Yet-Launched Sportsbooks

Barstool Sports (Penn National Gaming)

Retail Partner: Ameristar Casino

Penn National, which operates the Ameristar Casino Black Hawk, has brought its Barstool Sports sportsbook brand to Colorado and soon will open branded retail sportsbook windows at Ameristar, the largest casino in the state. Ameristar soft-launched a self-branded sportsbook this summer, so bettors can place bets in person for now until the Barstool Sports app launches.

Twin River Worldwide Holdings

Two of the biggest names in mobile sports betting will come to Colorado via Twin River Worldwide Holdings, which has been awarded three master licenses from the CLGCC.

Twin River (operating as Premier Entertainment Black Hawk in Colorado), has announced partnerships with both FanDuel Sportsbook and DraftKings Sportsbook, the two companies leading the market so far in open mobile sports betting markets in the US.

Three Colorado land-based casinos (Golden Gates, Golden Gulch, and Mardi Gras) were purchased by Twin River in January, with the intent of using those properties in partnership with FanDuel and DraftKings to bring sports betting to Colorado.

Online Sports Betting Partnerships

Guide To Betting Online In Colorado

Although Colorado’s sportsbooks are each uniquely branded, there are similarities between each sportsbook. Here are a few things bettors can expect no matter where they wager.

Common Sportsbook Bonuses

When bettors create sportsbook accounts, they’re often offered welcome bonuses. These bonuses incentivize bettors to place wagers and continue placing bets long after the first one is settled. The most common bonuses in Colorado are deposit bonuses and risk-free bets.

Deposit bonuses usually require bettors to deposit funds into their accounts. (There are also deposit bonuses that award site credits upon signup, but they’re usually tiny–less than $50.) Most deposit bonuses will match bettor deposits at a certain rate. For example, Fox Bet has a 50% deposit rate. That means for every $2 bettors deposit, Fox Bet will give a bettor $1 in site credits. That allows bettors to deposit at their own pace and place larger bets with less risk.

However, these deposit bonuses usually max out at $250 to $500. Sportsbooks can’t award site credits indefinitely.

Many sportsbooks also offer risk-free bets. They’re bets that get refunded if bettors lose a bet. FanDuel offers a risk-free bet of up to $500. If a bettor’s first wager is $500 and it loses, then that bettor will get $500 back in site credits. However, the risk-free bet is only good for the first bet. So, a $50 that loses would only get $50 of site credits back. Risk-free bets are popular choices for sportsbooks to offer, but they don’t allow bettors to wager at their own paces like deposit bonuses.

Colorado Teams That Can And Can’t Be Bet On

There are many different sports to bet on, but Coloradans have their favorite teams. The Broncos will have lines available during the NFL season. They’ll have moneylines and point spreads ripe for enthusiastic betting. There are plenty of prop bets and futures that’ll be available on the Broncos, too.

A Colorado list of teams wouldn’t be complete without the other three main sports, though. The Colorado Rockies, Colorado Avalanche, and the Denver Nuggets are huge draws for sports fans across the state. All of them are fair game for sports betting, too.

College teams are fair game for certain types of bets, too. The Colorado Buffaloes are one of Colorado’s most popular teams, whether it’s CU’s football or basketball teams. Bettors will have the standard moneylines, spreads, and futures available as the professional teams offer.

However, Colorado sportsbooks won’t offer prop bets on college games. Colorado’s Division of Gaming prohibits prop bets on college games. It likely arises from a compromise with the NCAA, which is adamantly opposed to sports betting. Bettors shouldn’t be surprised when they don’t find sports betting on college teams.

What Is The Status Of Esports In Colorado?

Colorado not only allows esports betting. It also counts esports among its authorized sports catalog. The Division of Gaming’s rules stipulate that the Division will regulate sports and bets. That way, no one can make up a sport or bet that cons bettors out of their money. Sports matches must have clear, consistent rules to ensure bettors can understand how their wager will play out throughout the game. Bets must have similarly clear rules. Otherwise, sports betting wouldn’t be fair to bettors.

Sportsbooks Coming Soon To Colorado

There are two sportsbooks that are in other states but could come to Colorado next. The first one is Golden Nugget. It’s available in New Jersey, but it doesn’t have a partnership in Colorado yet. The second is Parx. It has an online casino and sportsbook in Pennsylvania, another prominent sports betting state.

However, the full list is anyone’s guess. There will likely be more than two dozen online sportsbooks in Colorado by the time everyone arrives.

Legal Vs Illegal Sports Betting In Colorado

Sports betting used to be an illegal activity in all but four states. Sports bettors’ only options were illegal sportsbooks and bookies. If there was a bookie or website that bettors created relationships with, it could be hard for some of them to leave. However, legal sports betting sites are superior to illegal sites.

Legal sportsbooks are required to have a cash reserve so it can pay their winning bets out. Think about what happens if an underdog with long odds comes through. A futures bet with +5,000 odds will drain a sportsbook’s cash reserve quickly. Licensed sportsbooks have a formula set by the Colorado Division of Gaming to determine how much cash to have on hand.

In contrast, local bookies may not have that kind of cash on hand. They could be collecting bets informally at the bar with a makeshift business. In that case, there’s nothing stopping them from pocketing bettor money. Even if they’re reliable, they may get stretched too thin and be unable to pay out winnings. If that happens, bettors have no legal recourse because betting with a bookie is illegal in Colorado. They’re stuck without their winnings.

The worst-case scenario is a bookie that works for a crime syndicate. Your bookie may be cool, but his employers may come after bettors who bet on credit and don’t repay their debts. Bettors in good standing may also fund human and drug trafficking unknowingly. Licensed sportsbooks’ transparency ensures bettors don’t fall into these traps.

How Do I Know Online Sportsbooks Are Fair?

Online sportsbooks aren’t all shady offshore websites. However, new bettors may struggle to tell the difference between the two. Here’s how bettors can know they’re betting at a legitimate company.

Who Regulates Legal Online Sportsbooks?

The Colorado Division of Gaming regulates all the sportsbooks in Colorado. It’s a government agency that awards licenses, establishes rules, and enforces industry guidelines. The Division of Gaming also has resources for sports betting operators and customers alike, creating a transparent environment for all industry players.

Before sportsbooks are licensed, the Division of Gaming thoroughly examines each applicant. That includes financial statements, background checks, and a complete record of lawsuits the applicant was involved in. And if a sportsbook doesn’t pay out winnings, the Division of Gaming is a bettor’s next stop. It has processes in place to keep sports betting safe and fair across the board.

Why Should I Trust Online Sportsbooks?

Before they go live, online sportsbooks submit to a security audit. It ensures the sportsbook can protect sensitive bettor information. The sportsbook hires an independent auditor who submits her findings to the Division of Gaming. If the auditor finds areas of improvement, she’ll list them in the report as well.

The Division won’t award a license to a sportsbook that can’t protect its bettors’ information. Since bettors submit their banking information during registration, sportsbooks need top-notch security in place. Bettors can rest assured that by the time they place a wager, their sportsbook of choice is prepared to protect their data.

How Do I Get Paid If I Win?

Sportsbooks make transferring money in and out of the sportsbook account easy. They know no one wants to bet at a sportsbook that makes handling money a hassle. If bettors win, they’ll have cash moved into their sportsbook account. From there, it’s usually as easy as hitting ‘withdraw’ and moving money to their bank or PayPal account. There are other options too, but no one’s using 7-Eleven’s cash withdrawal option during a pandemic.

In short, bettors can get paid from the app. They just have to win, which is win. Best of luck to all the aspiring bettors out there!

Online Sports Betting FAQs

Online sports betting is new to Colorado, so bettors may have a few clouds of doubt about the industry. Here are some common questions we can clear up at the end.

Yes, you can register online and start betting anywhere in Colorado. You only need to be physically within the Colorado border to place wagers.

Moneylines, spreads, prop bets, and futures are legal on professional teams. However, Colorado bettors cannot place prop bets on college games. All bets are prohibited on high school games. (No one seriously thought DraftKings would have lines on their daughter’s softball game, did they?)

Yes. Because the Buffs are a PAC-12 team, college sports is a big draw in Colorado. And that’s before factoring in all their popular opponents. Everything besides prop bets is fair game on college sports.

Yes. Several sportsbooks have esports sections in their apps. If the pandemic shuts down major sports again, bettors may end up relying on the esports section to get their betting fixes. Counter Strike, anyone?

10%. The taxes largely go to water conservation projects in Colorado. Since Colorado shares water with seven other states, it’s a lot more than an environmentalist cause. It’s a precious resource that’s being funded by a portion of every bet.

Licensed Casinos and established sportsbook companies. Unless aspiring entrepreneurs have all the pieces of their business in place, they can’t complete the license. It wouldn’t be impossible for someone to start a sportsbook in Colorado. However, it would require a massive cash infusion upfront. The sports betting market is largely inaccessible to companies without a track record.

Yes. It was also one of the first sportsbooks to do so.

Within days of the launch of Colorado online sports betting, several new platforms debuted in the Centennial State. May 1, 2020, marked the date for the newest big arrival in the legal US sports betting market.

Four new sports betting platforms launched in Colorado shortly after legislation regulating online sports betting went into effect. This paved the way for legal sports betting in the state after residents voted Proposition DD into law the prior year.

Proposition DD legalized both retail and online sports betting in Colorado. In the months since Colorado’s launch, many new operators have started to make their mark in the state.

When the state’s new sports betting industry reaches full maturity, Colorado bettors could have access to 20 or more different online sportsbooks. In its second month, June 2020, Colorado sportsbooks took in over $38 million in wagers, even while virtually no sports played in the US.

Now, we’re starting to see Colorado come into its own as a sports betting leader. New operators are entering the market and making moves to build an audience in the Centennial State.

Best Online Sportsbooks In Colorado

• DraftKings Sportsbook: Claim up to $1000 bonus here.
• FanDuel Sportsbook: Claim up to $1000 bonus here.
• BetRivers Sportsbook: Claim up to $250 bonus here.

All Colorado Online Sportsbooks

DraftKings Sportsbook

One of the top players in the US legal sports betting industry, DraftKings Sportsbook was one of four platforms to launch in Colorado on May 1, 2020.

After going live as one of Colorado’s first operating mobile sports wagering sites, DraftKings Sportsbook appears poised to be one of the leading brands in the Colorado market. DraftKings Sportsbook operates under the license of Golden Gates Casino, which is owned by Twin River Worldwide Holdings.

Take advantage of up to $1000 in bonus offers at DraftKings Sportsbook here.

BetRivers Sportsbook

Owned by Rush Street Interactive, the BetRivers brand is another emerging player in the US legal sports betting market. With the May 1, 2020 launch of its platform, BetRivers added Colorado to the growing list of states in which it operates.

JP McGill’s Hotel & Casino is the land-based casino license partner for BetRivers Sportsbook. Triple Crown Casinos owns the property.

Check Out BetRivers Colorado Bonus Offers Here.

William Hill

Another sportsbook from across the pond, UK-based William Hill is one of the bigger names in sportsbook apps, a status that has only grown following the recent takeover of the bookmaker by Caesars Entertainment. William Hill is partnered with the Isle Casino and the Lady Luck Casino in Black Hawk. William Hill offers new sign-ups a risk-free bet up to $500.

Get up to a $500 risk-free bet at William Hill Colorado here with promo code COSHARPRF.

PointsBet

The PointsBet brand already operates in a handful of US states. The Australian-owned brand features the unique PointsBet betting method. This allows bettors to win more money on a game based on the final score margin. PointsBet Colorado launched in November 2020 under the license of Double Eagle Hotel and Casino.

In August 2020, PointsBet announced a 5-year partnership with NBC Sports, which could see the company expand into the US sports betting market in a way we didn’t anticipate. They also announced a partnership with the University of Colorado and established their US headquarters in Denver, showing a commitment to the state.

SportsBetting.com

The Carousel Group, an international iGaming company, plans to expand into the US with its SportsBetting.com brand. SportsBetting.com launched on May 12 in Colorado is slated as the first US state in which SportsBetting.com will launch. The platform is licensed to Johnny Nolon’s Saloon & Gambling Emporium.

BetMGM Sportsbook

The BetMGM brand continues to expand into the US market, with online casino and sportsbook products in several states. Formerly known as playMGM, the rebranded BetMGM operates in Colorado under the license of Midnight Rose Hotel and Casino. The land-based property is owned by Triple Crown Casinos.

BetMGM is a product of ROAR Digital, which is a collaborative venture between MGM Resorts and gaming brand GVC Holdings. BetMGM was one in the first group of online sportsbooks to launch in Colorado on May 1, 2020.

Start Playing At BetMGM Colorado Here.

FanDuel Sportsbook

The US legal sports betting industry is still evolving, but FanDuel Sportsbook’s status as one of the leading brands in the market isn’t likely to change anytime soon.

FanDuel Sportsbook was among the first legal sports betting platforms to go live in Colorado, launching on May 1, 2020. Golden Gulch Casino, owned by Twin River Worldwide Holdings, is the land-based license partner for FanDuel Sportsbook.

BetMonarch

Unlike the other mobile sportsbook brands on this list, BetMonarch is a homegrown product. The BetMonarch app is owned, operated, and licensed to Monarch Casino.

Located in Black Hawk, Colorado, Monarch Casino is the first land-based property to launch its own Colorado online sports betting site. The product debuted on May 9, 2020, just days after the initial introduction of online sportsbooks in the state.

FOX Bet

Bettors in the US can expect FOX Bet to be a major presence in the legal sports betting industry. The brand operates as a partnership between FOX Sports and the Stars Group, which are giants in the sports media and online gambling industries, respectively.

The FOX Bet Colorado mobile sportsbook app launched on May 19, 2020, as a license partner of Lady Luck Blackhawk. Lady Luck is owned by Caesars Entertainment following the company’s merger with Eldorado Resorts.

Sky Ute SportsBook

Sky Ute SportsBook landed in the Colorado history books as Colorado’s first tribal sportsbook, a partnership between the Southern Ute Indian Tribe-owned Sky Ute Casino and Las Vegas-based USBookmaking. Sky Ute SportsBook promises better odds than most sportsbooks because it’s not bound by Colorado state law.

SBK by Smarkets

Smarkets operates differently than most traditional sportsbooks, with odds created by sports bettors in the company’s native UK. Colorado sports bettors aren’t allowed to participate in the market making, but can reap the benefits: which include some of the best odds available at any Colorado sportsbook.

Circa Sports

Circa Sports started in Las Vegas. They recently expanded into Colorado with its first online sportsbook outside of Nevada after partnering with Century Casino. Circa offers high limits and competitive odds.

ELITE Sportsbook

ELITE Sportsbook launched in Colorado through a partnership with the Red Dolly Casino in Black Hawk. Its app and website are taking bets now, with a variety of props and parlays, including what it claims is the only bookmaker in Colorado to offer a progressive parlay. New players can get a sign-up bonus worth up to $1,000 in free bets.

Betfred

With more than 1,500 locations, Betfred is a big name in sports betting in the UK, but its US expansion is relatively new. Colorado is Betfred’s second US market, the first being Iowa. Betfred’s local partner in Colorado is the Saratoga Casino in Black Hawk. New bettors can get a $500 risk-free bet as a welcome bonus.

theScore Bet

theScore Bet has the distinction of being the first sportsbook to be launched by a North American media company, Score Media. It offers a variety of moneyline, spreads, parlays, props and teasers, and all major sports are accounted for in the app. New Jersey was theScore’s first launch, and it’s partnered in Colorado with Jacobs Entertainment, owners of The Lodge Casino and the Gilpin Casino in Black Hawk.

BetWildwood

BetWildwood was among Colorado’s first home-grown sportsbooks, a product of the Wildwood Casino in the mountain casino town of Cripple Creek. Bettors will find a variety of moneyline and spread bets on the events and sports you’d expect, many of which offer in-game betting. New bettors can receive up to a $50 free bet.

BetAmerica

Owned by Churchill Downs Incorporated, BetAmerica is another emerging brand in the legal US sports betting industry. BetAmerica is approved for operation in Colorado as a license partner of Bronco Billy’s Casino and Hotel, owned by Full House Resorts.

SuperBook

SuperBook’s home base in Las Vegas is the world’s largest retail sportsbook. SuperBook’s expansion plans outside of Nevada include a mobile sports betting platform in Colorado.

SuperBook has a nationwide partnership in place with Jacobs Entertainment. The Lodge, a Jacobs-owned Colorado property, will license the SuperBook mobile platform in Colorado.

SuperBook originally planned for a May 1 launch to coincide with the opening of Colorado’s sports betting market. However, the company delayed the launch due to sports league shutdowns. They ultimately launched in October 2020.

Colorado Online Sportsbooks At A Glance

Check out our Guide To Online Sports Betting In The US.

Coming Soon To Colorado

Wynn Sportsbook

Full House Resorts and Wynn Resorts inked a partnership to bring Wynn Sportsbook to Colorado. The launch date for Wynn Sportsbook is unannounced. When it does go live, Wynn Sportsbook will operate as a license partner to Full House-owned property Bronco Billy’s Casino.

Barstool Sports

A Barstool Sports-branded legal online sportsbook will hit the Colorado market as a licensed product of Ameristar Blackhawk Casino. That land-based property is operated by Penn National Gaming, which also owns Barstool Sports. Barstool CEO Erika Nardini recently suggested a September launch window for the company’s sportsbook. On November 5, the Barstool-branded retail sportsbook opened at Ameristar Blackhawk, but it’s looking like a 2021 launch for the sportsbook app.

Twin River

Twin River Worldwide Holdings owns three retail casinos in Colorado, as well as three internet sports betting licenses. Two of those licenses are already utilized in partnership with DraftKings Sportsbook and FanDuel Sportsbook. They plan to launch a third online sports betting site in the future.

Bonuses At Colorado’s Online Sportsbooks

Risk-Free Bet

The most common bonus available at Colorado’s legal online sportsbooks comes in the form of the risk-free bet offer.

Risk-free bets offer a rebate, up to a certain amount, on the first bet made at a mobile sportsbook. The rebate is only applied if that first bet results in a loss.

FanDuel Sportsbook, for example, offers a risk-free bet, up to $1,000, for new players. After depositing, the first bet made on the platform is eligible for up to a $1,000 refund, but only if the bet is a loss.

For amounts smaller than $1,000, the risk-free bet refund would match the amount of the bet. A $250 bet, and a loss, would garner a $250 rebate.

On bets larger than $1,000, the maximum refund amount is $1,000.

Deposit Match Bonus

A widely offered bonus found at many online gambling sites, the deposit match bonus awards bonus money that matches a certain percentage of a deposit.

BetRivers Sportsbook presents one of the industry’s most generous deposit match bonus offers to new players. The first deposit at BetRivers is eligible for a 100% match bonus, up to $250.

Utilizing this bonus, a new player can make their first deposit at BetRivers, and earn up to $250 in bonus money. Deposits smaller than $250 are eligible for bonus money that matches the deposit amount.

Deposit match bonuses generally come with a playthrough provision. This requires players to wager a certain amount to unlock the bonus. Many of these bonuses require a 25x playthrough or more, meaning a player has to wager 25 times the amount of the deposit to unlock the bonus.

The BetRivers bonus, however, only requires 1x playthrough, essentially giving new players up to $250 in free bets.

No-Deposit Bonus

One easy way to get started at an online sportsbook is through no-deposit bonus offers. These bonus offers are not as common on sports betting sites. When you do see them, they are often in small amounts, like $25 or $35. New bettors will see the amount in their account just after registering.

Colorado’s Mobile Sportsbooks

The passage of Proposition DD made Colorado one of the latest US states to embrace sports betting after the fall of PASPA (Professional and Amateur Sports Protection Act). PASPA was a federal mandate that outlawed sports wagering. In May 2018, the Supreme Court of the United States overturned the act.

With PASPA overruled, a new era of legal sports betting dawned in the U.S. Now that it’s launched sports betting, Colorado is a significant player in the industry. Colorado officially launched legal sports betting on May 1. Since then, sportsbooks from around the globe have set up shop in the Rocky Mountain State.

Proposition DD

Proposition DD legalized both retail and online sports betting in Colorado. The May 1, 2020 launch date allowed the state’s land-based casinos to operate on-property sports betting for the first time in the 30-year history of Colorado’s casino industry.

The legislation also allowed Colorado casinos to offer online sports betting. The mobile sports wagering platforms authorized by state law likely will produce most of the revenue realized by the state’s sport betting industry as a whole.

Access To Sportsbooks Statewide

Colorado limits land-based commercial casinos to the towns of Black Hawk, Cripple Creek, and Central City, apart from a pair of tribal casinos in the southwest region of the state. Players can access mobile sports betting apps offered by these casinos, however, from anywhere within state borders.

Mobile apps give bettors superior ease of access to the entire lineup of online sports betting platforms available in the state. Deposits and withdrawals, line shopping, and research are all far more convenient on mobile wagering sites, versus their land-based counterparts.

Colorado’s mobile betting platforms use geolocation software to determine a user’s location. This gives players the ability to wager from anywhere in the state. It also offers bettors from surrounding states the opportunity to drive into Colorado and place a sports bet with ease.

Early Signs Of Mobile Sports Betting Success

In states like Pennsylvania and New Jersey, mobile sports betting makes up more than 85 percent of overall sports betting revenue. That same trend will almost certainly hold in Colorado.

Colorado’s land-based casinos operate with strategic technology partners for their online sports betting platforms. This new market has attracted just about all of the biggest brands in the sports betting industry.

FanDuel Sportsbook and DraftKings Sportsbook are two of the industry’s leaders in US mobile sports betting. Both companies have sportsbooks live in Colorado, alongside other major players like FOX Bet, BetRivers, and BetMGM.

Other sports betting powerhouses like William Hill, PointsBet, BetFred, and Circa Sports, have all been granted licenses to operate in Colorado.

The presence of these major brands will make Colorado a key player in the US sports betting market.

Early revenue numbers signal that Colorado will have a strong sports betting presence. The state could quickly become an industry leader. In its first month with online sports betting (amid a global pandemic and casino closures), Colorado drew in $25.5 million in gross, unaudited revenue. June 2020 brought an even bigger revenue spike. Colorado sports betting earned $38 million in its second month of operation.

What Sports Can I Bet On In Colorado?

Betting On US Pro Sports

Colorado’s capital city, Denver, holds a professional sports distinction that only a few other US cities can claim.

Denver is home to teams in all four major US sports leagues. Major League Baseball’s Colorado Rockies, The NFL’s Denver Broncos, the NHL’s Colorado Avalanche, and the Denver Nuggets of the NBA make Colorado a major sports hub in the US.

The legalization of sports betting gives Colorado’s sports enthusiasts access to betting markets featuring all of the Centennial State’s major teams. The entire regular season and postseason schedule is available to bet on for all four major leagues.

Ways to bet on these games include point spread, moneyline, parlay, and live in-game betting.

These options are available for virtually every game on the schedule. Futures betting markets and prop bets are also widely offered on the four major US sports leagues at Colorado’s legal online sportsbooks.

Other US Sports To Bet On In Colorado

Colorado sports betting law also allows for betting on the Colorado Rapids of Major League Soccer, as well as the National Lacrosse League’s Colorado Mammoth. Betting isn’t just limited to these in-state franchises. Colorado’s legal online sportsbooks offer bets on the entire schedule in these leagues.

MMA, boxing, and NASCAR, as well as major tennis and golf events in the US, are open for betting on Colorado’s legal mobile sports betting apps as well.

See our complete guide on How To Bet On Sports Online.

College Sports Betting In Colorado

Betting on college sports is legal at Colorado’s online sportsbooks. This includes major sports like college football and college basketball, both of which offer plenty of options for betting on Colorado-based teams.

The only restriction on college sports betting in Colorado is a ban on prop betting. Other than that, Colorado bettors can legally bet on numerous sports, including contests involving home teams.

University Of Colorado Buffaloes

The Colorado Buffaloes sit at the epicenter of Colorado’s college sports tradition. A college football staple for much of the past century, the Buffaloes play in the PAC-12 conference.

Annual big games for the Buffaloes include PAC-12 matchups against the Utah Utes, USC Trojans, UCLA Bruins, and Oregon Ducks. The Buffaloes’ yearly schedule also includes a non-conference matchup against their in-state rivals, the Colorado State Rams. PointsBet Sportsbook announced a partnership with the University so expect to see a push for betting of Buffaloes games.

Colorado State Rams And Air Force Falcons

The Colorado Buffaloes, Colorado State Rams, and Air Force Academy Falcons are the three biggest college sports programs in the state. Colorado bettors can legally bet on all three schools, all of which are on the national radar in both college football and basketball.

Both Air Force and Colorado State play in the Mountain West Conference and play against each other in big, cross-state matchups nationally.

In addition to football and basketball, other sports legally available to Colorado bettors include college baseball, softball, hockey, lacrosse, and others.

International Sports Available On Colorado Online Sports Betting Sites

International sports betting markets are aplenty at Colorado’s legal online sportsbooks. Platforms like DraftKings Sportsbook and FanDuel Sportsbook offer bets on a wide array of international contests.

With these international sports on the menu, Colorado players will find no shortage of year-round betting opportunities.

Major International Soccer Leagues

Colorado’s online sportsbooks offer betting markets that feature all of the biggest leagues in the world’s most popular sport.

Teams like Real Madrid and FC Barcelona of Spanish La Liga are open for betting. The English Premier League, and its powerhouse clubs like Arsenal and Manchester United, are available to Colorado bettors as well.

Germany’s biggest league, Bundesliga, offers yet another available betting market for international soccer. Interleague events like the UEFA Champions League are on the menu as well.

International Golf And Tennis

Major events in golf and tennis take place all around the world, and Colorado’s legal online sportsbooks grant bettors access.

International tennis majors like the Australian Open, French Open and Wimbledon, and other overseas events from the ATP and WTA are on the board. Golf majors, like the British Open, are open for wagering in Colorado as well.

Other International Sports And Events

Colorado’s legal online sportsbooks offer a wide scope of other international betting markets. These include international leagues and events in rugby, hockey, basketball, baseball, table tennis, darts, and cycling.

Can You Bet On Esports In Colorado?

Colorado’s expansion into legal online sports betting doesn’t include esports betting, for now.

Esports rising popularity shows no signs of diminishing, as games like Dota 2, Counter-Strike: Global Offensive, and others created robust betting markets at offshore gambling sites.

The future looks bright for esports to continue its ascent into mainstream culture. ESPN began broadcasting competitive events for games like NBA 2K and Rocket League in 2020.

As esports competitions continue to rise in popularity, state-level legislation on esports betting could change to include legal esports betting.

What Else Can You Bet On In Colorado?

The Colorado Division of Gaming, which regulates online gambling in Colorado, has language in place to allow for betting on new sports that might come into the market.

Newly formed leagues can apply for authorization to be included on the menus of Colorado’s legal online sportsbooks.

Can I Place Parlay Bets At Colorado’s Online Sportsbooks?

Throughout the history of sports betting, parlay bets have offered some of the most enticing odds, and biggest potential payouts, of any kind of bet.

Colorado’s legal online sportsbooks offer numerous parlay betting options. Parlay bets will almost certainly be a popular option for Colorado bettors as the state’s legal online sportsbooks continue to launch.

Traditional Parlay Bets

Parlays allow for multiple bets to be combined into one bet, with an exponentially higher payout for a win. For a parlay bet to be a winner, however, all bets in the parlay must be a winner.

For example, standard odds for a single bet are often -110, meaning a $110 bet yields a $100 profit if the bet is a winner. Taking two separate -110 bets, and combining them into a two-team parlay, could yield a 13-to-5 payout. A three-team parlay could yield a 6-to-1 payout, and so on.

Parlay bets allow bettors to dream big, as the odds increase with each bet added. Parlays can involve point spread, moneyline, and over/under bets.

The total payout for a winning parlay depends on the odds of the individual bets. Putting multiple underdog bets on the same parlay could yield an astronomical payout in the events of a win.

Teasers

The teaser bet takes the traditional parlay and makes it even more enticing, with more favorable points spreads.

For example, if the Denver Broncos were favored by 3 on a given Sunday afternoon in the NFL, that point spread would appear as “Broncos -3” on the betting menu. A teaser parlay could shift that line six-point, and turn that line into “Broncos +3”, which would then give the bettor the Broncos and three points.

A teaser parlay would offer the entire slate of that weekend’s NFL games at teaser odds. The payouts on a teaser parlay are considerably smaller than a traditional parlay. But bettors have a better chance of winning with the more favorable point spreads.

What Do I Need To Register At A Colorado Online Sportsbook?

Signing up at one of Colorado’s legal online sportsbooks takes just a few steps. For example, signing up at DraftKings Sportsbook requires these steps:

• Navigate to the DraftKings Sportsbook homepage, or download the app for iOS and Android devices. For iOS devices, the DraftKings Sportsbook app can be found in the App Store. For Android devices, the app must be downloaded directly from the DraftKings Sportsbook site.
• Click on the “Sign Me Up” link.
• Choose a username and password, and supply a valid email address.
• Provide proof of identity and age. Only players 21 and over will be able to access the site.
• Upon verification of email address and identification documents, new players are eligible to deposit and start betting.

You’ll find that most sportsbooks have near-identical sign up processes. You’ll always need to provide the information above to create your account at a Colorado online sportsbook.

All Colorado Sports Betting Apps In 2021

• DraftKings Sportsbook
• BetRivers
• William Hill
• PointsBet
• SportsBetting.com
• BetMGM
• FanDuel Sportsbook
• BetMonarch
• FOX Bet
• Sky Ute Sportsbook
• SBK buy Smarkets
• Circa Sports
• ELITE Sportsbook
• Betfred
• theScore Bet
• BetWildwood
• BetAmerica
• SuperBook

Online Sportsbooks: Legal Versus Illegal

The development of Colorado’s legal online sports betting market is only just getting started. By the time the industry reaches its full potential, players in the Centennial State will enjoy access to a market that could include more than 20 different platforms.

Colorado Division Of Gaming

The Colorado Division Of Gaming approves and oversees all of the state-regulated, legal online sports wagering sites. The Division of Gaming is a government agency that regulates Colorado’s entire casino industry.

The Division of Gaming’s oversight includes all legalized operators of retail and online gambling in the state. The state’s retail casinos must offer fair games, prompt payouts, and protection of personal information. They also most offer protocols for settling customer disputes.

Land-based casinos are accountable to the Division of Gaming. By extension, the legal online sportsbooks offered by these land-based casinos also operate under the Division of Gaming’s jurisdiction.

Any bet placed at a legal mobile sports wagering site in Colorado comes with the same level of security as placing a bet at a retail casino in the state.

Risky Offshore Gambling Sites

Offshore gambling sites, or any non-approved online gambling site operating within state borders, are operating illegally in Colorado. These sites are not obligated to offer the same level of security as state-regulated online gambling platforms.

All legal online sportsbooks in Colorado will feature the Division of Gaming seal.

Looking for more information? Check out our Comprehensive Guide To Online Gambling In Colorado.

Colorado Online Sports Betting FAQ

The minimum age for casino gambling in Colorado is 21. This age applies to any kind of casino gambling at a retail casino or online. The only exceptions to this rule are lottery and bingo, which carry a minimum playing age of 18.

Legal sports betting in Colorado, both retail and online, requires players to be at least 21 years old. When you register for an account, you’ll be required to confirm your age and identity, usually by providing your social security number.

Yes. Colorado is one of several states in which DraftKings Sportsbook operates legally. The platform launched in Colorado on May 1, 2020, under the license of Golden Gates Casino, owned by Twin River Worldwide Holdings.

DraftKings Sportsbook is available to Colorado bettors as a mobile app for iOS and Android devices. Players can also access the platform directly on a desktop computer.

Yes. FanDuel Sportsbook debuted in Colorado on May 1, 2020, which was the first day any of the state’s legal online sportsbooks could begin operations.

The FanDuel Sportsbook platform is available to Colorado players age 21 and over. Bettors must be located within state borders at the time of a bet to legally place a wager. Golden Gulch Casino operates the FanDuel Sportsbook license. Twin River Worldwide Holdings owns Golden Gulch Casino.

No. Colorado’s legal online sportsbooks do not offer credit lines for betting use. Potential bettors must complete the registration process and deposit funds to start betting at a mobile sports wagering site.

Some sportsbooks do offer site credit as part of various bonus offers. These credits must be used for betting, and cannot be withdrawn on their own.

Casino Sports Betting Colorado

Yes. The state permits betting on college sports on Colorado’s online sports wagering platforms. Colorado bettors can wager on in-state teams like the Colorado Buffaloes, as well as any in-state college athletic contests.

Sports Betting Odds

The only restriction on college sports betting in Colorado is a ban on prop betting. Betters can only make prop bets on professional sports events.

Mgm Online Sports Betting Colorado

No. Colorado’s legal online sportsbooks are open for registration from anywhere within state borders. Most of these platforms are available as mobile apps for iOS and Android devices, as well as on desktop.

Sports Betting Stocks

Visiting the parent casino of an online sportsbook is an option for opening an account, but isn’t necessary.