Colorado Sports Betting

Colorado sports betting went live in 2020 and has established itself as a top 10 sports betting state, both in revenue and total handle. There is 20+ legal Colorado sports betting sites, and we have studied each one to determine our favorites in The Centennial State. Below, you will find all the information you need about the standout Colorado sports betting promos and the best features for each site. 

Best Colorado Sports Betting Sites 

For a quick glance at the top Colorado sports betting sites in 2025, check out the offers below. 

Best Sportsbook Betting Sites in Colorado

Here are oddschecker, we have taken a deep dive into each Colorado sports betting site in 2025, in order to help you make your decision easier when picking a Colorado betting app. Using the criteria below, we have picked out our top five betting sites. 

• Unique and Standout Features – Does your chosen Colorado sports betting site offer any unique or best-in-class features, that make them stand out among the rest? 
• Bonuses and Promotions – Another factor to consider, is the strength of the Colorado sports betting promos available to new and existing customers on your chosen betting site. 
• Payout Speed and Payment Methods – If a sportsbook is slow to payout or doesn’t offer a wide variety of payment methods, users are less likely to sign up. Our list of Colorado sportsbooks are among the quickest in the state and offers plenty of payment methods. 
• Security and Regulation – We will only provide a list of secure betting sites that have been legalized and regulated in the Colorado sports betting market 
• Customer Support – Our experience with sportsbooks’ customer support plus the general population’s experience in the same department. 

FanDuel Sportsbook Colorado 

FanDuel leads the way for US sports betting users, and Colorado sports betting users are big contributors to that. 

FanDuel Colorado relies on its online presence, with no retail space in The Centennial State, but it is the quality of their betting app, and their Colorado sports betting promos that keeps them top of the tree. 

FanDuel and the Denver Broncos signed a first-of-its-kind partnership in 2020, as the Broncos were the first NFL team to agree a partnership with a sportsbook. This meant local Broncos fans were offered several tailored promotions from the sportsbook. 

It could be the $150 FanDuel promo code that catches your eye, or the market-leading Same Game Parlay option that attracts you to FanDuel Sportsbook, either way, FanDuel is the leading betting option in Colorado. 

• Standout Features: Best overall betting experience, Same Game Parlay options are best-in-class, Great for both new and existing user promos. 
• Bonuses and Promotions: New Users will bet $5, get $150 on any sport if your bet wins 
• Payout Speed: 1-5 Business Days 
• Payment Methods: Mastercard, Visa, PayPal, Apple Pay, Ewire, Internet Banking, PayNearMe, Play+, Venmo 
• App Store Ratings: 4.9/5 (iOS) 4.6/5 (Android) 
• Customer Support Rating: 5/5 

DraftKings Sportsbook Colorado 

DraftKings Sportsbook will rival FanDuel in every live betting state, and that is certainly the case in Colorado. FanDuel has the edge in terms of market share, but DraftKings is a standout alternative in the state. 

From day one, users have been drawn to DraftKings Sportsbook in Colorado, and things have not changed since then. It is still one of the best options in The Centennial State and will continue to push FanDuel in the state. 

With a quick and simple-to-use interface, a depth of betting options, and a market-leading bet-and-get promo, the reasons to sign up for a DraftKings Colorado account are plentiful. 

DraftKings Sportsbook does have a retail presence in Colorado, with a sportsbook located in the Bally's Black Hawk casino. This presence gives them another revenue stream in the Colorado sports betting space. 

DraftKings partnered with both the Colorado Avalanche of the NHL and the Colorado Rockies of the MLB, so they have Colorado sports betting partnerships across two of the major sports leagues. 

• Standout Features: Biggest bet and get promo in Colorado, Excellent sports betting app, Covers all the sports betting markets you could expect, and more 
• Bonuses and Promotions: New users bet $5, get $150 guaranteed with their sportsbook wager 
• Payout Speed: 1-5 Business Days 
• Payment Methods: Mastercard, Visa, PayPal, Apple Pay, Skrill, Ewire, Internet Banking, Play+, Venmo, Trustly 
• App Store Ratings: 4.7/5 (iOS) 4.6/5 (Android) 
• Customer Support Rating: 5/5

BetMGM Colorado

BetMGM may have built its reputation on the Las Vegas strip, but they have only enhanced it since launching its online betting product.

BetMGM Colorado offers the biggest welcome bonus in the market, based on dollar amount, as they are giving away up to $1500 in bonus bets, to anyone who loses with their first wager in the state. For example, you could bet $10 or $1500 on the Denver Nuggets to win in the NBA, and either win big or get your stakes back as bonus bets.

The BetMGM Sportsbook app has received a huge overhaul and now offers one of the best user experiences to sports bettors. Part of this overhaul was the addition of their Same Game Parlay + offering, which gives you the chance to put multiple SGP wagers into one betslip, enhancing your potential winnings.

When joining the Colorado sports betting market, BetMGM also partnered with the Denver Broncos, creating a lounge at Empower Field at Mile High, as well as a free-to-play game, that users can find via the Denver Broncos 365 mobile app. 

Standout Features: New overhaul makes BetMGM app a leading option, Same Game Parlay+ is an exciting feature, Welcome bonus offers the highest dollar amount in the state 

Bonuses and Promotions: New customers bet up to $1500 and get their stakes back as bonus bets if you lose 

Payout Speed: 1-5 Business Days 

Payment Methods: Mastercard, Visa, American Express, PayPal, Skrill, Bank Transfer, PayNearMe, Play+ 

App Store Ratings: 4.8/5 (iOS) 4.5/5 (Android) 

Customer Support Rating: 3/5

Caesars Sportsbook Colorado

Caesars Sportsbook is another that made its name on the Las Vegas strip, and like BetMGM has huge entertainment and hospitality offerings. They do however back that up with an excellent sportsbook product both in-person and online.

Caesars Sportsbook has a retail location at both the Isle Casino Hotel Black Hawk and Lady Luck Casino. This helps with Caesars’ brand awareness in The Centennial State and gives them an additional revenue stream.

One of the key advantages of betting with Caesars Sportsbook is their market-leading Rewards Program, which offers you the chance to cover hotel stays, entertainment, and more, through your online betting.

The Caesars Sportsbook app continues to be one of the standout options in Colorado and should be one of your top choices in the state. 

• Standout Features: Best Sportsbook in Colorado in terms of Rewards Program, User-friendly sports betting app, Solid live betting and live streaming options 
• Bonuses and Promotions: New users will get their money back up to $1000 if they lose their first bet 
• Payout Speed: 1-5 Business Days 
• Payment Methods: Mastercard, Visa, American Express, Skrill, PayPal, Bank Transfer, PayNearMe, Play+ 
• App Store Ratings: 4.7/5 (iOS) 4.3/5 (Android) 
• Customer Support Rating: 5/5

bet365 Colorado

bet365 launched in Colorado in 2022, in what was just the second live betting state that the UK-based sportsbook launched in. Over the past couple of years, users in The Centennial State have enjoyed betting with bet365, and it is easy to see why.

With an extremely simple betting app interface, users enjoy their mobile betting experience when placing wagers with bet365 Colorado, and there is little reason to look elsewhere. With competitive odds, plenty of betting markets, and their world-famous bet365 Super Boost, there are many reasons to sign up for an account.

Through their partnership with the Colorado Rockies, bet365 has a presence in the MLB, and this is huge when trying to raise their profile in the state.

While bet365 has a tough time competing with the biggest players like FanDuel and DraftKings, it is in no way a reflection on their excellent product, and this is without a doubt one of the best sports betting options in Colorado.

• Standout Features: Easy-to-use betting platform, bet365 Super Boost offers standout odds on tailored betting choices in Colorado, Dual welcome offer gives new users two strong bonuses
• Bonuses and Promotions: New users can either bet $5, get $150 win or lose, or claim a $1000 first bet safety net
• Payout Speed: 1-5 Business Days
• Payment Methods: Mastercard, Visa, American Express PayPal, Apple Pay, Skrill, Bank Transfer, PayNearMe, Play+, PaySafe, EcoPayz, InstaDebit, Interac, Internet Banking
• App Store Ratings: 4.7/5 (iOS) 4.3/5 (Android)
• Customer Support Rating: 5/5 

Is Sports Betting Legal in Colorado?

Online sports betting has been legal in Colorado since 2020, and the appetite for betting has been huge in The Centennial State ever since. With 20+ Colorado sports betting apps to choose from, you are sure to find a legal betting site that suits your needs.

Legal Sportsbooks in Colorado

Below is a comprehensive list of all the legal sportsbooks operating in the Colorado online sports betting market.

• FanDuel 
• DraftKings 
• BetMGM 
• Caesars 
• bet365 
• ESPN BET 
• Fanatics Sportsbook 
• BetRivers 
• Betfred 
• SuperBook 
• SBK Sportsbook 
• Betway 
• ClutchBet 
• Bally Bet 
• Tipico 
• SI Sportsbook 
• Betsafe 
• BetMonarch 
• Circa Sports 
• Sporttrade 
• Novig

Colorado bettors are blessed with all the best sportsbooks in the US, but it also has access to smaller online operators such as Circa Sports, which has a big presence in Las Vegas. Sports Illustrated will soon close its doors, so that’s one option that will no longer be available in the coming years in The Centennial State.

Colorado Betting Partnerships With Professional Sports Teams

Here is a list of sportsbooks your local professional sports teams have teamed up with in Colorado in 2025.

Colorado Avalanche – DraftKings, Fanatics Sportsbook

Colorado Rapids - Tipico

Colorado Rockies – bet365, Betfred, DraftKings

Denver Nuggets – Fanatics Sportsbook

Will Any New Sportsbooks Launch in Colorado in 2025?

Jake Paul’s sports betting company, Betr is set to launch in Colorado in 2025, and that is the next launch expected in The Centennial State. Novig, a commission-free sports betting platform launched its unique product in Colorado earlier this year.

What are the Legal Requirements for Sports Betting in Colorado?

Here are the legal requirements for sports betting in Colorado, for both sportsbooks and bettors.

Requirements to Become a Legal Sports Betting Site in Colorado

Colorado sports betting sites must partner with a land-based casino in the state, and there are 30 licenses up for grabs in the state.

A Colorado sports betting license costs a casino a non-refundable $10,000 initial fee, and there is an additional $125,000 licensing fee that lasts two years.

Tax Requirements for Online Sports Betting in Colorado

The sports betting tax is set at 10% in the state of Colorado and does not differ between retail sports betting and online sports betting.

Minimum Age Requirement for Legal Sports Betting in Colorado 

Individuals must be 21+ and physically located in Colorado to place a bet both in a retail location or on a mobile sports betting app.

Proxy Betting Prohibited in Colorado 

Proxy betting or ‘Messenger betting’ is prohibited in Colorado. After self-reporting multiple violations, Monarch Casino was fined $400,000, showing the costs of breaking this sports betting law.

How to Bet in Colorado

If you are new to online sports betting and want to place a wager in Colorado, then here is a quick-step guide to getting started. 

Step 1: Choose a Sportsbook 

We have outlined the best online sportsbook options in Colorado above, and you can use this guide or your own knowledge, to pick out your chosen sportsbook. 

Step 2: Sign up for Your Chosen Sportsbook 

Now that you have chosen your sportsbook, your next step is to register for an account. You can do so by clicking our links to any of the Colorado sportsbooks above and then following the guide below. 

1)      Enter your personal details – this is to prove your age and location 

2)      Create a username and password, this is how you will access your Colorado sports betting app 

3)      Enter your preferred payment method, this is what you will use to make your first deposit 

4)      If a promo or bonus code was provided by us above, then enter this in the promo code section before completing your registration, this will ensure you qualify for our exclusive sign-up offers 

Step 3: Deposit Into Your New Sportsbook Account 

To place a bet you will need to keep your sports betting account funded. All sign-up offers require a minimum deposit to qualify, normally between $5 and $10, so make sure you are aware of this minimum if you are looking to claim a welcome bonus in the CO online betting market. Most sportsbooks require a minimum deposit of $5. 

Step 4: Find Your Bet 

Now you are signed up and your account is funded, head to your favorite online betting site or mobile betting app in Arizona, and find the sport and game/event that you are looking to bet on. For example, if you were looking to bet on the Denver Nuggets, you would head to the Basketball (or NBA) section of your chosen sportsbook site, and then find the particular game you were looking to wager on. 

Step 5: Placing Your Bet 

Once you have found your bet, click on the odds, and this wager will be added to your betslip. Now that your chosen bet is in your betslip, you will now choose your stakes and then click “place bet” or “confirm bet” to complete the process. Here you will have the option to use your bonus bets rather than a real money wager, if you have unlocked some upon sign up. 

Step 6: Tracking Your Bet 

It doesn’t matter whether you are betting from the game, or at home, you are going to want to track your bets. You can do so in the ‘My Bets’ section of any of your Colorado sportsbook apps. 

Step 7: Withdraw Any Winnings 

If your bet wins, it is now a case of going to your account and setting up a withdrawal which can take up to 5 days depending on the sportsbook account, although it is usually a matter of hours. You could also choose to use your winnings on additional bets. 

What Can I Bet on in Colorado? 

Sports bettors have a wealth of options when it comes to sports and events to wager on, and below is a list of the most popular sports users typically bet on. 

Sports You Can Bet on in Colorado 

You can bet on all of the following professional sports/leagues, and more in Colorado. 

• NFL 
• NBA 
• MLB 
• NHL 
• UFC 
• Boxing 
• Soccer 
• Golf 
• NASCAR 
• Formula 1 
• Tennis 
• Darts 
• + Many More 

Things You Cannot Bet on in Colorado 

Rather than listing out every sport you can bet on in Colorado, let’s look at the prohibited betting markets in the Colorado sports betting market. 

High School Sports 

There is a blanket ban on High School Sports betting in Colorado. 

Politics 

Betting on Politics is prohibited across the United States, and it is no different in the state of Colorado. 

College Props 

College sports betting is available in Colorado, but you are unable to bet on player or team props in The Centennial State. You can however bet on in-state teams. 

Entertainment Award Ceremonies 

You cannot bet on award ceremonies like the Grammys or the Oscars in Colorado. 

Can I Bet on Horse Racing in Colorado? 

Horse Racing betting is available in Colorado. You can either bet in-person at the Arapahoe Park Horse Track or via online horse racing betting sites, which allow pari-mutuel horse racing wagers. 

Can I Play Daily Fantasy Sports in Colorado? 

Yes, you can create lineups on DFS sites such as DraftKings and FanDuel in Colorado. 

You can also sign up for accounts with sites such as Boom Fantasy and Underdog. 

Colorado Sports Teams

Colorado is a hub for professional sports, and there are several local teams to bet on in the state. Here are the options you have in the major sports leagues.

Denver Broncos

Beginning as a football team in the AFL in 1960, it took until 1973 for the franchise to post a winning record. However, after joining the NFL in 1970, the Broncos haven’t looked back. The team won eight AFC Championships from 1977, winning three Super Bowls during that time. Some of the greatest gridiron players of all time have played at the Bronco’s Mile High Stadium, like John Elway, Floyd Little, and Steve Atwater. 

In addition to the Super Bowl rings and AFC titles, the Broncos have won fifteen AFC West Divisional Titles and made twenty-two playoff appearances.

Beginning as a football team in the AFL in 1960, it took until 1973 for the franchise to post a winning record. However, after joining the NFL in 1970, the Broncos haven’t looked back. The team won eight AFC Championships from 1977, winning three Super Bowls during that time. Some of the greatest gridiron players of all time have played at the Bronco’s Mile High Stadium, like John Elway, Floyd Little, and Steve Atwater. 

In addition to the Super Bowl rings and AFC titles, the Broncos have won fifteen AFC West Divisional Titles and made twenty-two playoff appearances.

Denver Nuggets

Formed as a charter franchise of the American Basketball Association (ABA) in 1967, the Nuggets were initially created as the Denver Larks. However, the franchise became the Nuggets after the ABA-NBA merger, with fans naming the team after a previous basketball team in the city. Playing its home games at the Ball Arena, the team is owned by Kroenke Sports & Entertainment, owners of the Colorado Avalanche and Rapids.

While the Nuggets are yet to win an NBA Championship or make an NBA Finals appearance, the team has won eleven divisional titles, two in the ABA and nine in the NBA.

Colorado Rockies

Receiving a franchise as part of the 1993 MLB National League Expansion, the Rockies played at Mile High Stadium for its first two years in the MLB before moving to its current home, Coors Field. The Rockies are a member of the West Division of the National League.

While the Rockies have yet to win a World Series or divisional title, in 2007, it won the National League Pennant after receiving a wild card berth in a tiebreaker against the San Diego Padres, affectionately known as “Game 163” by Rockies fans.

Colorado Avalanche

Commonly known as the Avs, the Colorado Avalanche was founded as the Quebec Nordiques in 1976 in the World Hockey Association (WHA), which merged with the NHL in 1979. After 23 years in Quebec City, the team was sold and relocated to Denver in 1995. The team didn’t take long to find success in the Rocky Mountain region, winning the Stanley Cup in its first year. Since then, the Avalanche have won the Stanley Cup twice while collecting three conference titles, three Presidents’ Trophies, and eleven divisional titles.

Colorado Rapids

A charter member of Major League Soccer, the Rapids are a member of the Western Conference of the MLS. Owned by Kroenke Sports & Entertainment, owners of the Nuggets and Avalanche, the team initially played at Mile High Stadium. However, the franchise secured a move to a soccer-specific stadium at Dick’s Sporting Goods Park in Commerce City in 2007.

The Rapids won its first MLS Cup in 2010 at TMO Field, Toronto, beating FC Dallas 2-1 to bring home the trophy. Outside of that, the franchise is yet to win a Western Conference Title, qualifying for the 2010 MLS Cup Final as a wild card in the Eastern Conference.

University of Colorado Boulder Buffaloes

At the University of Colorado Boulder, skiing is the program with the most success. The Buffaloes have won 11 men’s skiing national championships and eight coed titles. In addition, the school has been historically strong at cross country, with three women’s NCAA championships and five men’s.

The football program at Colorado gets a lot of attention and has produced players like Hall of Famer Cliff Branch. The team secured the 1990 football national championship, which it shared with Georgia Tech Yellow Jackets.

Colorado State University Rams

At Colorado State, 15 varsity sports are supported, including football, basketball, and track and field. The school competes in the Mountain West Conference, and its football program is a part of the FBS. The football team meets its rivals from the University of Colorado Boulder annually to play in the Rocky Mountain Showdown. Currently, the Buffaloes lead the all-time series.

United States Air Force Academy Falcons

When talking about the college teams at the United States Air Force Academy, most people think of the football program. The team matches up against the Army Black Knights and Navy Midshipmen each year to compete for the Commander-In-Chief‘s Trophy. The Falcons lead the all-time series.

CO Sports Betting Handle by Year

Here is the breakdown of the CO sports betting handle each year from 2020 to 2023. 

2023 

Total Sports Betting Handle: $5.56B 

Total Sports Betting Revenue: $391.8M 

Sports Betting Hold Percentage: 7% 

Sports Betting Tax Revenue: TBC 

2022      

• Total Sports Betting Handle: $5.17B 
• Total Sports Betting Revenue: $351.9M 
• Sports Betting Hold Percentage: 6.79% 
• Sports Betting Tax Revenue: $19.7M 

2021 

• Total Sports Betting Handle: $3.83B 
• Total Sports Betting Revenue: $250.1M 
• Sports Betting Hold Percentage: 6.6% 
• Sports Betting Tax Revenue: $11.7M 

2020 

• Total Sports Betting Handle: $1.19B 
• Total Sports Betting Revenue: $75.8M 
• Sports Betting Hold Percentage: 6.4% 
• Sports Betting Tax Revenue: $2.96M

CO Sports Betting History

2024: There are now 20+ legal Colorado betting sites, making the state one of the most developed in terms of operator options, and giving Colorado sports bettors ample choice when it comes to legal sports betting sites. 

2022: In December 2022, Colorado reports a record-high month for total betting handle, as Colorado bettors wager over $700 million in the final month of the year. The $716.4 million recorded that month is the highest single month so far. 

2021: Expansion continues in the Colorado online sports betting market, and at the end of its first full year of gambling in the state, the total betting handle in Colorado since May 2020 creeps over the $5 billion mark. 

2020: The first online sportsbooks launch on May 1st, 2020, making Colorado the 18th state to launch online sports betting. 15 operators went live before the end of 2020,  

2019: Rep. Alec Garrett proposed a bill that would make online sports betting legal in Colorado, and this was narrowly approved by voters(51.4% to 48.6%). 

2018: The Supreme Court ruled the PASPA unconstitutional and therefore moved to legalize sports betting. Each state is now free to set its own online sports betting and retail sports betting laws.

Colorado Sports Events

Outside the professional sports teams that call the state home, Colorado hosts several sports events which loads of sports fans enjoy. See some of the best below. 

Colorado National Speedway 

Colorado National Speedway is a member of the NASCAR Advance Auto Parts Weekly Series and is a regular venue for NASCAR events. It hosts the ARCA Menards Series West and the King of the Wing Sprint Car Series. Opened in 1965, the site sits at the bottom of the Rocky Mountains and has hosted the ARCA Menards Series West nineteen times since 1995.

Rocky Mountain Showdown

The Rocky Mountain Showdown was first played between the college football teams Colorado Buffaloes and Colorado State Rams in 1893 when Colorado beat its in-state rival 70-3. Played nearly every year from 1893-2019, from 1998, games were held at the home of the Denver Broncos, Mile High Stadium.

The series was canceled in 2020 due to the Covid-19 pandemic. Since then, both teams have agreed to return to ‘Home and Home’ arrangements. This ended the twenty-one-year spell of neutral site games between the two colleges.

UFC Fight Night

The very first Ultimate Fighting Championship event was held in Denver in November 1993, with UFC 1 fought at McNichols Sports Arena. It also hosted the second pay-per-view event, UFC 2: No Way Out, at Mammoth Gardens.

Colorado would have to wait for 133 complete editions of UFC for the MMA series to return to the Rocky Mountain State, despite a special event, ‘The Ultimate Ultimate’ of UFC 7.5, taking place in 1995 in Denver. UFC 135, held in September 2011 at the Ball Arena, marked the return of UFC to Colorado, and three other events have been held in the State.

Mile High Racing

Mile High Racing at Arapahoe Park Racetrack is an event involving horse racing throughout August, September, and October. The track hosts Thoroughbred, Quarter House, Paint Horse, and Arabian horse racing and is home to the Mile High Futurity, the Mile High Derby, and the Gold Rush Futurity. Each of these races has a final purse of $100,000. Bally’s Corporation owns the track, and the raceway is referred to as Bally’s Arapahoe Park for sponsorship reasons.

Colorado Land-Based Sportsbooks

While online sportsbooks offer an easy and convenient way of placing sports wagers in Colorado, land-based sportsbooks can give you a unique and exciting sports betting experience. You can enjoy watching and betting on your favorite sports with easy access to bars and restaurants in the company of hundreds of sports fans. Check out all the retail sportsbooks in Colorado below. 

Colorado Responsible Gambling

The Problem Gambling Coalition of Colorado (PGCC) works with the Colorado Gaming Association to offer problem gamblers a self-exclusion program. Adding yourself to a self-exclusion list means you’ll be removed from all casino marketing lists, have your memberships canceled with the state’s casinos, and prevent deposits from being made at any Colorado casino or sportsbook.

Unlike other states, this self-exclusion program is not a temporary measure but a method of permanently ceasing gambling activities. You can download a form from the Colorado Gaming website to add yourself to the self-exclusion list. You’ll need to complete this form, get it notarized, include a copy of your driver’s license, and send the completed form to the offices of the PGCC.

In addition, sportsbooks regulated by the Colorado Division of Gaming often offer methods for you to gamble responsibly, including tools like deposit and time limits. In addition, there is often guidance for players to third-party help, such as the National Center for Responsible Gambling.