Colorado Online Sports Betting: Top Online Sportsbooks for May 2024

The Best Colorado Sportsbooks

Best CO sports betting offers and bonuses

CO sportsbooks offer a variety of bonuses designed to enhance the betting experience but they must be used with responsible gambling practices in mind. 

Here are some common types:

• Welcome Bonuses: Match a percentage of your initial deposit to increase your betting funds.
• Risk-Free Bets: Refund your first bet if it loses, up to a specified limit.
• No Deposit Bonuses: Receive a small bonus just for signing up, no deposit required.
• Deposit Bonuses: Get extra funds on top of your deposits.
• Odds Boosts: Enhanced odds on specific games or events to increase potential winnings.
• Free Bets: Credits given to place bets without risking your own money.
• Loyalty Programs: Earn points for your betting activity, which can be converted into rewards or betting credits.
• Referral Bonuses: Receive a bonus when you refer friends who sign up and deposit.
• Cashback Offers: A percentage of your bets or losses returned to you over a specified period.
• Seasonal Promotions: Special offers tied to major sports events or seasons.

Active Colorado Bonuses

Colorado Mobile Sports Betting Apps

CO bettors have access to a variety of sports betting apps that offer user-friendly interfaces, comprehensive betting options, and seamless mobile experiences. These apps facilitate everything from registration and deposit to placing bets and withdrawing winnings, all from your smartphone. 

• Accessibility: These apps provide a streamlined experience for sports bettors in Colorado, enabling easy account management, betting, and access to customer support.
• Legality and Regulation: Operated under strict regulations set by the Colorado Division of Gaming, these apps ensure legal and secure betting within the state.

Key Features Offered by CO Sports Betting Apps:

• Wide Range of Sports: Users can bet on local sports teams like the Denver Broncos, Colorado Rockies, and others, as well as NCAA sports and international events.
• Mobile Compatibility: Designed for on-the-go betting, these apps offer full functionality across various devices, supporting both iOS and Android platforms.
• Promotions and Bonuses: Featuring signup bonuses, odds boosts, and loyalty rewards to enhance the betting experience.

User Experience and Reviews:

• Real User Feedback: For insights into user experiences with different apps and to find the best-rated sports betting apps in Colorado, visit the detailed guide on Colorado Sports Betting Apps.

Is Online Sports Betting Legal in Colorado?

Online sports betting is indeed legal in Colorado. The state permits a wide array of sports gambling activities online and at retail locations, with numerous sportsbooks licensed to operate legally in Colorado including Bet365, FanDuel, Caesars, DraftKings, and SI Sportsbook, alongside several locally-based companies. This legal framework ensures that bettors can engage in betting on sports in a regulated environment, minimizing risks related to unregulated gambling.

Colorado Sports Betting Updates

Colorado's sports betting legislation permits a maximum of 30 Colorado sports betting sites. The state boasts more online sportsbooks than any other state as of May 2024.

So far, in 2024 we've seen dynamic changes in Colorado's sports betting industry, from new entries to legislative updates.

1. Novig's Launch and Shift: Novig launched its online sportsbook in January but stopped operations by April. The company plans to return later in the year with a sports betting exchange model.
2. Betr's Entry: Micro-betting firm Betr partnered with Boulter Developments to enter the Colorado market, aiming to launch its sportsbook before the 2024 NFL season.
3. Jontay Porter's Alleged Betting: A report claimed Toronto Raptors forward Jontay Porter bet millions on FanDuel Sportsbook in Colorado. Investigations confirmed he did not place any NBA bets in the state.
4. Legislative Changes: The Colorado Senate and House passed a bill removing the cap on sports betting tax revenue allocated for state water conservation, potentially impacting future revenue allocation.

Legal Sports Betting CO; How to Get Started

Starting your Colorado sports betting journey involves a series of regulated steps designed to ensure the security and legality of all Colorado bettors activity. This process is essential for maintaining the integrity of sports betting in the state and supporting responsible gambling practices. Here’s a step-by-step guide to getting started:

1. Choose a Licensed Online Sportsbook: Begin by selecting one of the legal Colorado sports betting apps licensed by the Colorado Division of Gaming. This ensures that the platform adheres to state laws and regulations concerning online betting.
2. Create an Account: Visit the sportsbook's website or download the sports betting app and sign up for an account. You will need to provide personal details such as your name, address, email, and social security number.
3. Verify Your Age and Identity: As part of the registration process, you'll be required to verify your age and identity to comply with legal betting requirements. This typically involves uploading government-issued identification.
4. Set Up Account Preferences: Configure your account settings, including payment methods for deposits and withdrawals. You may also set betting limits on your deposits and betting amounts as part of responsible gambling measures.
5. Deposit Funds: Once your account is set up and verified, you can deposit funds using approved payment methods such as credit cards, e-wallets, or bank transfers. Ensure that all transactions are secure and that you are aware of any potential transaction fees.
6. Claim a Welcome Bonus: Many legal in Colorado sportsbooks offer welcome bonuses to new users. These may include free bets, deposit matches, or risk-free bets. Read the terms and conditions carefully to understand how to qualify and use these bonuses effectively.
7. Place Your Bets: Browse the sportsbook’s betting markets to find the sports and events you want to bet on. You can place a variety of wagers, including singles, accumulators, and system bets.
8. Practice Responsible Betting: Always bet within your means and utilize tools provided by the sportsbook to help manage your betting activity. This can include setting deposit limits, loss limits, and self-exclusion options. Additionally, if you or someone you know is facing challenges with problem gambling in Colorado, there is targeted support available.

Available Problem Gambling Resources in Colorado

• Problem Gambling Coalition of Colorado: This organization is a premier resource for those seeking help with gambling issues. They offer access to a self-exclusion list, support groups, and treatment providers across the state.
• Colorado Department of Revenue: As the regulator for sports betting in Colorado, this department provides additional support and access to helplines and local resources that can be invaluable for problem gamblers.

For immediate assistance, you can always call or text 1-800-GAMBLER or engage in an online chat on the National Council on Problem Gambling website. These resources ensure that help is just a few clicks or a phone call away, providing support and tools necessary to address problem gambling effectively.

What to expect at a legal CO sports betting site

When you visit a legal Colorado sports betting site, you'll encounter a regulated environment that ensures fairness, security, and responsible gambling. Here’s what you should expect:

• Comprehensive Licensing: Each Colorado online sportsbook operates under a strict licensing framework enforced by the Colorado Division of Gaming. This ensures that all sports betting activities comply with state laws.
• Secure Transactions: Legal sports betting sites in Colorado implement advanced security protocols to protect your personal and financial information. Expect encrypted transactions and secure login processes.
• Identity Verification: To comply with legal requirements, every new sports betting account must go through a verification process. This safeguards the platform against fraud and ensures that all players meet the age requirement of 21+.
• Diverse Betting Markets: Colorado bettors have access to a wide range of betting markets. You can place wagers on popular sports leagues such as the NFL, NBA, and MLB, as well as college sports and local teams like the Denver Broncos and Colorado Rockies.
• Responsible Gambling Features: Responsible betting is a priority, and Colorado sportsbooks offer various tools to help manage gambling habits. These include deposit limits, time limits, and self-exclusion options.
• Mobile and Online Wagering: Bettors can place wagers through both mobile sports betting apps and desktop platforms, providing convenience and flexibility. These apps are designed to offer a seamless betting experience, allowing for in-game and live betting.
• Promotions and Bonuses: Legal Colorado sports betting sites offer various promotions to enhance the betting experience. These can include welcome bonuses, free bets, and loyalty rewards. It’s important to read the terms and conditions associated with each promo to fully understand the offer.
• Customer Support: Reliable customer support is crucial and should be expected at all legal sports betting sites. Support should be accessible via multiple channels such as live chat, email, and phone, ensuring that you can get assistance whenever needed.
• Educational Resources: For those new to sports betting, many Colorado sportsbooks provide educational resources to help understand betting options, the betting odds presented, and strategies for responsible gambling.
• Partnerships with Local Casinos: Many online sportsbooks in Colorado are partnered with local casinos, such as Mardi Gras Casino and Lodge Casino. These partnerships often allow for retail sports betting and can provide a physical location to visit.

How to Deposit and Withdraw at Online Sportsbooks in Colorado

Depositing and withdrawing funds at Colorado online sportsbooks is streamlined with a variety of secure options. Below are the common deposit methods and withdrawal options you can expect:

• Credit and Debit Cards: Visa and MasterCard are generally accepted for making deposits. Although withdrawals might not always be possible through these cards.
• E-Wallets: E-wallets like PayPal, Skrill, and NETELLER offer both deposit and withdrawal capabilities, providing swift and secure transactions favored by many Colorado bettors.
• Apple Pay & Google Pay: These mobile payment methods are gaining popularity for their convenience in making quick and secure deposits. However, withdrawals may not be available via these platforms.
• Bank Transfers: Options like direct bank transfers and ACH (Automated Clearing House) are trusted for both depositing and withdrawing funds, ensuring secure transactions directly linked to your bank account.
• Prepaid Cards: Prepaid cards issued by sportsbooks can be loaded with funds for deposits and often support withdrawals, making them a handy option for managing betting finances.
• PayNearMe: This method allows you to deposit cash at retail locations across Colorado, seamlessly connecting retail sports betting with online platforms.
• Cash at Casino Cages: For those preferring in-person transactions, you can deposit and withdraw cash directly at the casino cages of sportsbooks’ retail partners, such as Mardi Gras Casino, Lady Luck Casino, and others based in Central City.
• Check by Mail: If you prefer a traditional method, checks can be mailed for withdrawals, though this can be one of the slower options available.

These payment methods comply with the regulations enforced by the Colorado Division of Gaming, ensuring secure and responsible transactions within the Colorado sports betting environment. Always check the specific terms related to payment methods at your chosen sportsbook, as they can influence processing times and potential fees.

Winning Bets Must Be Collected Within 1 Year

In Colorado, much like in other legal gambling states, all winning tickets must be collected within 1 year of winning. This is laid out in the by the Colorado Division of Gaming - Sports Betting Regulations in section 6.10.

What Sports Leagues Can I Bet on at CO Sportsbooks?

Online sports wagering in Colorado provides betting opportunities across numerous sports and their respective international leagues:

• Colorado Football Betting
  • Canadian Football League (CFL)
  • National Football League (NFL)
  • NCAA – College Football
• Colorado Baseball Betting
  • Major League Baseball (MLB)
  • Mexican Baseball League
  • Nippon Professional Baseball (NPB) – Japan
  • Korean Baseball Organization (KBO) – South Korea
  • NCAA Baseball
• Colorado Basketball Betting
  • EuroLeague
  • FIBA Basketball World Cup
  • National Basketball Association (NBA)
  • NCAA – College Basketball
  • Women's National Basketball Association (WNBA)
• Colorado Boxing and Mixed Martial Arts Betting
  • Boxing major fights
  • UFC (Ultimate Fighting Championship)
• Colorado Cricket Betting
  • Indian Premier League (IPL)
  • International Cricket Council (ICC) events
  • The Ashes Series
• Colorado Golf Betting
  • European Tour
  • PGA Tour
• Colorado Hockey Betting
  • Finnish Liiga
  • Kontinental Hockey League (KHL) – Russia
  • National Hockey League (NHL)
  • Swedish Hockey League
• Colorado Motorsports Betting
  • Formula 1
  • MotoGP
  • NASCAR
• Colorado Rugby Betting
  • Rugby World Cup
  • Six Nations Championship
  • Super Rugby
• Colorado Soccer Betting
  • Bundesliga (Germany)
  • Copa Libertadores
  • English Premier League (EPL)
  • FIFA World Cup (Men's and Women's)
  • La Liga (Spain)
  • Ligue 1 (France)
  • Serie A (Italy)
  • UEFA Champions League
  • UEFA Europa League
  • Many more
• Colorado Tennis Betting
  • ATP (Men's Tour)
  • WTA (Women's Tour)
  • The Grand Slams: Australian Open, French Open, Wimbledon, US Open

This extensive array of leagues from both popular and niche sports ensures that CO bettors have a wide variety of betting options, ranging from local favorites to major international events. Additionally, Colorado bettors can engage with both live sports betting and daily fantasy sports (DFS) to experiment with other sports betting options.

Major Sports Events to Bet on in Colorado

Colorado's vibrant sports scene is complemented by various major sports teams and athletes: 

• Denver Broncos (NFL): Future bets on the upcoming NFL season focus on player acquisitions and overall team dynamics.
• Colorado Rockies (MLB): Betting opportunities abound throughout the MLB regular season, including player performances and potential playoff impacts.
• Denver Nuggets (NBA): The Nuggets' participation in the NBA playoffs offers intense betting interest on game and series outcomes, as well as individual player statistics.
• Summer Olympics 2024: Scheduled for Paris, this global event will feature athletes from around the world, including participants from Colorado competing in various sports:
  
  • Riley Amos - Mountain Biking
  • Lindsey Horan - Soccer
  • Woody Kincaid - Track and Field
  • Rylan Kissell - Shooting
  • Grant Koontz - Cycling
  • Leonard Korir - Marathon
  • Jordyn Poulter - Volleyball
  • Brooke Raboutou - Sport Climbing​
• The Masters (Golf): One of golf's four major tournaments typically held in April, The Masters attracts international betting interest, including wagers on golfers from Colorado.
• Wimbledon (Tennis): Occurring in late June through early July, Wimbledon is one of the grand slam tennis tournaments with significant betting volumes on match outcomes and championships.

Is horse betting legal in Colorado?

Horse betting is a big part of the Colorado sports betting scene, legally sanctioned under state law. Here's what you need to know about horse betting in Colorado:

• Regulated Platforms: CO sports bettors can place wagers at various regulated racetracks and through online sports betting platforms.
• Major Horse Racing Venues: The state is home to Arapahoe Park, the primary venue for live horse racing.
• Off-Track Betting (OTB) Locations: Numerous OTB facilities operate across Colorado, and in Central City such as the Mardi Gras Casino and the Lodge Casino.
• Online Horse Betting: Colorado betting sites like Bet365 provide comprehensive options for betting on horse races.
• International Events: Bettors also have access to international horse racing events, allowing them to place wagers on famous races such as the Kentucky Derby, the Grand National, and the Melbourne Cup.

Can I play daily fantasy sports contests in CO?

As part of the Colorado sports betting market, Daily Fantasy Sports (DFS) offer a unique betting experience legally accessible to CO sports bettors aged 18 and over. Here’s what enthusiasts in Colorado should know:

• Legal Status: DFS is legally recognized under Colorado sports betting law, allowing residents to engage in various fantasy sports contests through platforms like DraftKings and FanDuel.
• Wide Participation: This form of online sports betting is popular among CO bettors, providing a dynamic alternative to traditional wagers on local teams such as the Denver Broncos or Colorado Rockies.
• Regulated Platforms: Colorado sportsbooks and online sportsbooks that offer DFS are regulated by the Colorado Division of Gaming, ensuring a secure and fair gaming environment.
• Accessibility: These platforms are accessible via both mobile sports betting apps and websites, offering flexibility for users to participate in contests anytime and anywhere.
• Local Events and Leagues: Participants can engage in DFS involving NCAA sports, professional leagues, and major sports events, making it a comprehensive part of sports betting in Colorado.

This integration of DFS into the Colorado online sports betting ecosystem provides an engaging platform for sports enthusiasts to test their skills and knowledge in a regulated environment.

What is the Complete list of Colorado sports betting sites; Where to bet on sports in Colorado

As of May 2024, Colorado hosts twenty active legal online sportsbooks. Here's a rundown of the live sportsbooks in Colorado:

Bally Bet Colorado

Bet365 Colorado

Betfred Colorado

BetMGM Colorado

BetMonarch Colorado

BetRivers Colorado

Betsafe Colorado

Betway Colorado

Caesars Colorado

Circa Sports Colorado

ClutchBet Colorado

DraftKings Colorado

ESPN Bet Colorado

Fanatics Colorado

FanDuel Colorado

SBK Sportsbook Colorado

SI Sportsbook Colorado

Sporttrade Colorado

SuperBook Colorado

Tipico Sportsbook Colorado (no longer accepting deposits or bets)

Comparison of Top Sports Betting Apps in Colorado

When selecting a sportsbook in CO, bettors need to do a sportsbook comparison including site usability, promotional offerings, and distinct features:

1. Best for Loyalty Programs: Caesars Sportsbook - Caesars Rewards stands out for its valuable loyalty program. It automatically enrolls new users, allowing them to accumulate points for use at Caesars properties and on the app.
2. Best for Sports Variety: DraftKings - DraftKings is recognized for its broad range of sports offerings. It goes beyond traditional sports to include niche markets like Gaelic sports, handball, and snooker, appealing to diverse betting preferences.
3. Best for Odds Boosts: FanDuel - FanDuel is preferred for its generous odds boosts and promotions that enhance bet value. The platform is also noted for its vast array of betting options across multiple sports.

Betting Markets and Odds Offered by CO Sportsbooks

Colorado sportsbooks cater to a wide range of betting preferences with comprehensive markets and competitive odds. Here's a more detailed look at the options available:

• Professional Colorado Teams & Pro Leagues:
  • Denver Broncos: Outright bets on every game, season wins, playoffs odds, and special props like first touchdown scorer.
  • Colorado Rockies: Daily betting on game winners, run totals, player-specific bets such as RBIs and strikeouts.
  • Denver Nuggets: Options include point spread, total points, and prop bets on players' point totals, assists, and rebounds.
  • Colorado Avalanche: Wager on game outcomes, over/under on goals, and futures on league championships.
• College Sports:
  • Bets on local college football and basketball, including point spreads, totals, and performance of specific players.
• Betting Types and Features:
  • Parlay Betting: Combine multiple bets from different games or sports to increase potential winnings, with options to bet across different Colorado teams and sports.
  • Futures and Outrights: Long-term bets on championship winners or season records for teams like the Denver Broncos or the Colorado Avalanche.
  • Prop Bets: Individual game or season-long bets on specific events or achievements, such as a player hitting a certain number of home runs or scoring a specific amount of points.
  • Live Betting: Engage in betting after a game starts, with odds updated in real-time based on game developments.
• Special Features:
  • Odds Boosts: Enhanced odds offered on various bets, particularly popular for games involving Colorado teams.
  • Cash-Out Options: Ability to cash out wagers before a game concludes to secure profits or minimize losses.

Sports betting status in nearby states

Here’s a brief overview of the sports betting status in states neighboring Colorado:

• Wyoming: Offers legal Colorado betting site including mobile and retail options without the need for affiliation with land-based casinos.
• Nebraska: Currently limited to in-person sports betting at licensed racetracks; mobile and online betting are not yet available.
• Kansas: Legalized sports betting, including online and mobile betting options, with several operational sportsbooks.
• Oklahoma: Sports betting is not currently legal, with no immediate plans for legalization.
• New Mexico: Sports betting is available at select tribal casinos, but there is no state-wide regulation for online or mobile sports betting.
• Utah: Remains one of the few states with no form of legalized gambling, including no sports betting.

You can learn more about the gambling regulations in each state and see if you're eligible.

Colorado sports betting conclusion

As we have explored, since the move to legalize sports betting, Colorado's market has become highly regulated and secure, thriving since its inception in May 2020. This evolving landscape has been bolstered by the establishment of reputable online sportsbooks and strategic collaborations with retail partners, enriching the betting ecosystem. Bettors in Colorado can engage with an online sportsbook, bet on sports at various sportsbook Colorado locations, or visit one of the multiple retail partners. These developments ensure that sportsbook Colorado remains at the forefront, offering safe, legal, and dynamic opportunities to bet on sports. This commitment to expanding and supporting both online and retail options reflects the state's dedication to enhancing the sports betting experience.

Colorado Sportsbooks