Colorado Sports Betting Sites – Best CO Sportsbooks 2024

Amelia Walker By Amelia Walker Senior Content Writer Updated: October 23, 2024
Amelia Walker Amelia Walker Senior Content Writer at Betting.us

Amelia Walker, a J.D. holder and senior content writer at Betting.US, is a legal expert in responsible gambling. Initially skeptical, she now has over six years in professional gambling. She’s studied gambling law and currently educates gamblers on our site in legal and safe play.

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Best Online Sportsbooks CO Bonuses and Promotions CO Sports Betting Apps Fastest Payout Sportsbooks Online Betting Laws in CO

The Best Colorado Betting Sites for 2024

Our guide is characterized by quality, not quantity, with only the best Colorado betting sites making it on our list. We tested, reviewed, and ranked each operator, based on their welcome offers, top sports and overall player rating. Here is a definitive list of the top sportsbooks online:

CO Online Sportsbooks Welcome Bonus Bonus Code Top Sports Site Rating Secure Link
Show Details Up to $1000 First Bet on Caesars IGAMING1000 Football Basketball Boxing 5.00 Bet Here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER
Show Details Up to $1500 Back In Bonus Bets Not Needed Football Basketball Baseball 4.90 Bet Here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER
Show Details Up to $250 Bonus Not Needed MMA Tennis Boxing 4.80 Bet Here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER
Show Details Bet $5 & Get $150 In Bonus Bets Not Needed Football Basketball Baseball 4.50 Bet Here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER

The Best Colorado Online Sportsbooks by Category

🥇 #1 CO Online Sportsbook Caesars Sportsbook
🏈 #1 Football Betting Site BetMGM
🏀 #1 Basketball Betting Site CO Caesars Sportsbook
🥊 #1 UFC Betting Site Caesars Sportsbook
🎁 Top Sports Betting Bonus BetMGM
💰 Best Sportsbook Promotions BetMGM

Sports players come in all shapes and sizes, so it makes sense that each Colorado sportsbook promo is also different. Even more than that - betting services can be completely unique. During our review process, we separated the top performers in our tests into several categories.

By breaking down the Colorado online sportsbook list this way, our reviews allow you to see which ones are relevant to your own requirements. It doesn't make sense for baseball gamblers to register with sites aimed at people interested in gambling on the NHL.

Likewise, you need to make sure your favorite sports betting markets are available. There are several popular sports and even more sports markets that should be considered by the sensible player. Knowing that, we favor the broad range of sports betting markets.

Teams also engage in profitable deals with the sportsbooks popular in the state, so it's possible to find some ongoing promotions involving your favorite pro teams. We listed all the sports betting partnerships in CO in case you want to choose a sportsbook working with your franchise of choice.

Our Rating Criteria

To formulate our ranking of the best Colorado sports betting sites, we use the Betting.us rating system. We test all sportsbook sites and mobile apps against benchmarks for security, live betting options, bonus terms, app quality, promotional offers, and payout times.

Security & Licensing Live Betting Colorado Betting Bonuses CO Sports Betting Apps Payments and Payout Times

As we alluded to earlier, some aspects may be more important for some sports gamblers than others. However, the best mobile betting apps and sites in Colorado make a wide variety of perks available to customers, so have a look at the top CO betting sites according to these aspects.

Security & Licensing

The only way to be certain you're gambling with legit online sportsbooks is by checking their licensing status. All betting operators in the state must be licensed with the Colorado Division of Gaming (CDG). It's part of the Colorado Department of Revenue, overseeing all gambling operators in the state.

Before you register with any new operator, you should check that the one you're considering has the required licenses and is safe to play at. You can do so by looking for it on the licensed sportsbooks and operators for Colorado.

If an operator isn't listed there, it should be avoided at all costs since it's likely an offshore firm operating illegally. There is no reason to wager with these operators when there's access to state betting apps which are regulated. Offshore firms do not follow the same regulatory guidelines as those for US online sportsbooks, making them a risk to those who wager with them.

Live Betting Options

Live betting is currently all the rage and makes for a thrilling viewing experience. Thanks to this feature, Colorado online sports betting sites can offer odds for in-progress games and events. Here are some popular sports for live betting in the state:

  • Basketball
  • Hockey
  • Soccer
  • Tennis
  • Table Tennis
  • Cricket
  • Darts

The reason for the explosion of live betting sites is that it lets you gamble while the game is being played. If you consider yourself an expert, you can bet, for example, on the number of runs to be scored in the next inning of the Colorado Rockies game or when the Colorado Rapids score their next goal.

It can also provide experienced gamblers with some great hedging opportunities. Mobile sports betting operators such as the BetMGM Sportsbook in CO can provide such wagering options. However, it's best to leave these strategies to the pros until you understand how wageringmarkets interconnect with one another.

Best Colorado Sportsbook Bonus Offers

Claiming a Colorado sportsbook sign up bonus is one of the ways for new users to get extra capital for registering. These offers are typically only viable upon a first deposit at a given sportsbook, provided users meet certain conditions. Conversely, Colorado online sports betting promotions are available to all users - new and existing.

The fine print should always be read before claiming sports betting deposit bonuses to determine exactly what is required. Keep an eye out for terms like wagering requirements, end periods, and minimum odds. Here are the top sports betting bonus offers based on these terms:

Up to $1000 First Bet on Caesars $20 IGAMING1000 Claim Bonus! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER
Up to $1500 Back In Bonus Bets $10 Not Needed Claim Bonus! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER

Every Colorado sportsbook sign-up bonus listed here has reasonable terms and conditions for casual gamblers. They usually come in two forms- either as bonus bets or a deposit match bonus. Be sure to use the correct promo codes if they are included in some of the sports betting deposit bonuses.

Keep in mind that claiming a welcome bonus at betting sites always requires a minimum deposit. The one you choose should be feasible for your preferences, but based on our experience, the offer at Caesars Sportsbook in CO is a very good option.

Top Online Betting Apps for Colorado Players

With so many of us constantly on the go, betting apps can be a real saver if you want to take your betting with you. Aside from convenience, there are other features of a mobile Colorado online sportsbook we assess. We considered mobile compatibility, ease of use and navigation when we rated the best sports betting apps.

Primarily, we specifically chose apps with at least the same functionality as their desktop versions. You shouldn't be handicapped just because you're not home. The top mobile sports betting apps in the table below have the same features you would find at top desktop sportsbooks.

CO Sports Betting Apps Betting Offer Compatibility Secure Link
Caesars Sportsbook - 5.00/5.0 Up to $1000 First Bet on Caesars and , iOS Compatible Bet Here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER
BetMGM - 4.90/5.0 Up to $1500 Back In Bonus Bets and , iOS Compatible Bet Here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER

Accessibility was the second factor we considered when we shortlisted these sportsbook apps, available in the Centennial State. The apps we chose are available on iOS and Android devices. Plus, you can access them all directly through your mobile browser if you don't want the native app.

While some betting apps are available for download on the major app stores, others have to be downloaded from the site of the respective operator. This is not the case with the BetMGM Colorado app which you can find on the App Store. Also there, you can read customer feedback and the latest updates to see what's new.

Available Payment Methods – Deposits and Withdrawals

Finding Colorado betting sites with your preferred payment method shouldn't prove difficult. Most have several options available, including credit and debit cards, eWallets like PayPal, and prepaid cards like Play+.

Before you deposit, have a look through the rules in the cashier area of your chosen Colorado sportsbook. Some sportsbooks make you withdraw via the same method you used to deposit. What's more, some payment providers aren't eligible to claim your deposit bonus.

Note that some of the payment methods don't process withdrawals. This is most typical for prepaid and credit cards due to properties specifically inherent to them. This is one reason, many players prefer betting sites that accept PayPal.

It should be noted that a PayPal deposit doesn't always qualify you for a Colorado sportsbook promo. While there's merit to bank transfers, eChecks, and the other commonly used channels, PayPal remains one of the fastest and safest payment solutions.

Top CO Online Sportsbooks with Fast Payout Times

There's nothing more frustrating than finally having the sum you want to withdraw, but then having to wait around for your money. The best Colorado betting sites have reasonably quick payout times, but some are superior in this area when compared to others. Here are the top online sportsbooks with the fastest payout times:

CO Betting Site Min. Deposit Payout Times Recommended Payment Method All Deposit Options Secure Link:
Caesars Sportsbook $20 1-5 business days
8 Bet here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER
BetMGM $10 1-4 business days 8 Bet here! Valid only for new CO players over 21 years of age. Full T&Cs apply. GAMBLING PROBLEM? CALL OR TEXT 1-800- GAMBLER

Something to keep in mind about payout times is that they depend on several factors. The primary one is the payment method you chose to withdraw with. Even though your payout might be processed by the sportsbook, some payment companies might take longer to get the transaction through.

Welcome bonuses can also make withdrawals take longer than expected. Some Colorado online sports betting sites make you play through your entire deposit bonus before you can withdraw any funds.

The Law and Online Sports Betting in Colorado

Legal sports betting in Colorado has been around since May 1, 2020 after state bill HB19-1327 passed a voter referendum in late 2019. The primary motivation for legalizing this industry is to increase tax revenue.

All sportsbooks legal in the state must run on a master license owned by a land-based casino. With the state allowing 33 of its almost 40 casinos to partner with sportsbooks, it's one of the most open markets for legal betting in the nation.

All Colorado sports betting sites with a legal casino partnership can offer access to sports wagering platforms to anyone over the age of 21 within state borders.

A state Capitol building and a judge's gavel on top of a laptop computer.

On top of the several legal sports betting sites in Colorado, you can gamble a few other ways. One of the most popular is daily fantasy sports (DFS). Additionally, you can also visit some off-track horse racing betting venues if you so choose. It is also possible to travel across state borders and wager online in Kansas for a different gambling experience.

The state also has a substantial number of Native American-owned land-based casino properties if you like gambling in person. Unfortunately, online casinos are not allowed in the state of Colorado under current legislation.

That also means that if you find any betting sites in Colorado having an online casino offering, it's likely a black-market bookmaker posing as a legal one. If you have any doubts, stick to the best legal online sportsbooks in Colorado.

Colorado Sports Gambling Taxes

If there's one certainty in gambling, it's that Uncle Sam always gets his cut. The federal government taxes your net gambling winnings at a rate of 24%. Any wins over $5,000 are subject to automatic backup withholding. Since this tax applies to net winnings, you can write off your losses.

You will receive a W2-G from Colorado sports betting sites where you have a win of over $600 and at least 300x the amount of the wager, which is quite a high threshold. You can see the IRS guidelines on gambling taxes for a full overview of how to file.

At the state level, state residents must pay a flat tax rate of 4.63% on gambling winnings. Casinos and online sportsbooks are taxed on a sliding scale from 0.25% on the first $2 million in revenue up to 20% on anything over $13,000,001.

With Denver having so many major sports teams, there are several popular leagues to bet on. You can place bets on any of the Mile High City's clubs at online sportsbooks. There are markets for all Denver Nuggets NBA games, Colorado Avalanche NHL matchups, Colorado Rockies MLB showdowns, and Denver Broncos NFL contests.

We find that several international leagues like the English Premier League, Formula One, and the ATP and WTA tours are also hugely popular betting markets in the Centennial State. Colorado mobile betting apps even provide options for soccer betting for fans of the Color.

Somewhat of a rarity among states with legalized sports betting is the policy on college sports betting Colorado has. You can bet on all college sports events and markets, excluding player proposition bets. This is a departure from most states' policies of banning betting on all in-state college teams and games.

Here are the most popular leagues to bet on in Colorado:

  • NFL
  • NCAAB
  • NCAAF
  • NBA
  • NHL
  • MLB
  • EPL

There are several reasons why these leagues are the most popular for betting. Firstly, they receive the most sports media coverage and sports betting media coverage. Secondly, they are the best leagues in the world for their respective sports.

Even if you're not a fan of a local team, college sports are important in the Centennial State, with the Colorado State Rams and University of Colorado Buffaloes having one of the fiercest rivalries in the nation.

It doesn't matter if you're in Denver, Boulder, or Fort Collins, there's a club near you. With so many local teams to choose from, it's no wonder that Colorado has become a haven for sports players.

Here is some information about the most popular teams to bet on in Colorado:

  • Denver Broncos

    The Denver Broncos were founded in 1960 as a member of the AFL (American Football League). 10 years later they joined the NFL as part of the AFL/NFL merger. Since 1975, the team is one of the most successful in the league, winning three Super Bowls and eight AFC championships.

  • Colorado Rockies

    The Rockies were founded in 1993 as an expansion team. Their home stadium, Coors Field, is known for its high scoring games with moon shot home runs due to the altitude in Denver. While they've yet to win a World Series title, we imagine it's only a matter of time.

  • Colorado Avalanche

    After moving to Denver from Quebec for the 1994-95 NHL season, the Avalanche did what the Nordiques never could and hoisted the Stanley Cup in 1996. Since then, the squad has become a perennial contender and given players like Joe Sakic, Peter Forsberg, and Nathan MacKinnon.

  • Denver Nuggets

    The Denver Nuggets were founded in 1967 as part of the ABA (American Basketball Association) as the Denver Larks but changed their name to the Rockets before their first season. The team became the Nuggets in 1974. Unfortunately, they are the sole surviving ABA team to never make the NBA Finals.

  • Colorado Rapids

    The Colorado Rapids were founded for the inaugural MLS season in 1996. They won the 2010 MLS Cup after losing in their first try to D.C. United in 1997. The team calls Dick’s Sporting Goods Park in Commerce City home, moving there for the 2007 season.

  • Colorado Buffaloes

    The Colorado Buffaloes compete in 17 NCAA Division I sports, though the football team gets the most attention. They are a member of the PAC-12, one of the "Big Five" conferences in NCAA competitions. They are 16th on the NCAA all-time Division I football wins list.

  • Colorado State Rams

    Participating in NCAA Division I sports as a member of the Mountain West Conference, the Rams have fielded a football team for over 115 seasons. The team was poor prior to the hiring of coach Sonny Lubick, who took the Rams to nine bowl games between 1992 and 2007.

Daily Fantasy Sports

DFS is a thrilling way to engage in fantasy sports for sports fans. Participants can imagine being the manager of their own dream team, selecting players from the Broncos, Nuggets, and Rockies, as well as athletes from other teams. They compete against friends or other players based on the real-life performance of their chosen athletes.

While luck does play a small role, DFS primarily revolves around skillful decision-making and strategic planning. It has gained popularity in Colorado due to the opportunity to showcase sports knowledge and claim Colorado sports betting bonuses. DFS is considered legal in the state, therefore, it is regulated as a game of skill, and it is available at the daily fantasy sites, where you can find the top gambling features.

Types of Online Sports Betting in Colorado

Sports betting is about evaluating the odds and finding the ones with the most value. To do this successfully, you need to know which bet types are available at your chosen Colorado sports betting sites for the games you want to place bets on and where to find the highest odds for them.

Certain markets are more popular for some sports than others. Niche markets like NASCAR betting or tennis betting won't have all the bet types listed here. Instead, you can check those on the platform of a respected sportsbook, such as WynnBET Sportsbook in Colorado.

Here are the most common betting markets found at Colorado sports betting sites:

You can find these betting markets at all the Colorado online sportsbooks listed on this page. However, some are more suited to advanced players. If you're a beginner, we suggest sticking to the three basic ones: the moneyline, points spread, and total bets.

Before you choose your next betting site, have a look around the platform of bet365 Colorado app - property of one of the best operators in the state. Compared to other operators, it comes with a very good interface for live betting which can be beneficial for experienced players.

Exclusive Sports Betting Deals in Colorado

With so many sports teams in the state, there are several agreements between clubs and Colorado sports betting sites. Colorado University even took advantage of the new "Name, Image, Likeness" (NIL) rule from the NCAA and signed an agreement with a bookmaker, the first of its kind.

These exclusive partnerships also provide Centennial State gamblers with some perks. If you want to support your team while you gamble, here's a snapshot of some of the deals between sports teams and CO betting sites:

  • BetMGM and Denver Broncos – BetMGM sponsors a lounge at Mile High Stadium, plus supplies VIP travel packages for fans via the M Life Rewards program.

These deals are among some of the best in the industry and provide great incentives for visiting specific Colorado sports betting sites. Plus, some of the sportsbooks offer special odds on games involving their partner clubs.

If your favorite team has an official betting partner, it's worth taking a look. However, your decision on which sportsbook to use should be based primarily on your betting style. Consider opening an account with your team's betting partner and the one that best fits your needs for the ultimate gambling experience. We expect to see platforms such as the TwinSpires Sportsbook in Colorado to partner up with certain sports organizations.

Land-Based vs. Online Sportsbooks in Colorado

With so many brick-and-mortar options, it's important to understand the differences between wagering at a land-based sportsbook in Colorado and doing so online. The primary difference is that the best betting sites in Colorado are available 24/7, 365 days a year.

This lets you place bets at your convenience instead of driving to the local retail sports betting shop. Plus, there's an abundance of Colorado sports betting bonuses, which are not part of the in-person experience.

Here are the main pros and cons for both land-based and online sportsbooks:

Online Betting
  • Better Odds
  • Open 24/7
  • Larger Market Selection
  • Mobile Apps
  • No Food or Drink Service
  • Longer Withdrawal Times
  • No Social Engagement
Land-Based Betting
  • Food and Drink Service
  • Can Exchange Bet Slips with Others
  • Opportunity to Socialize
  • Personalized Service
  • Lower Odds & Payouts
  • Fewer Live Betting Options
  • Limited Opening Hours

Problem Gambling Help

Gambling addiction is an affliction some people face. There is no shame in admitting you have a problem. All legal online sportsbooks in CO take this issue very seriously and advise users how to bet responsibly. They also work with several non-profit organizations to help problem players get the help they need.

If you or someone you know is showing these signs and symptoms of compulsive gambling, it may be time to reach out for some help:

  • A preoccupation with gambling or inability to stop thinking about gambling.
  • Owing any sort of gambling debts.
  • Gambling a larger amount or gambling more often to get the same thrill.
  • Restlessness or irritability when one is not gambling.
  • Gambling is negatively affecting relationships with other people, a job, or schoolwork.
  • Thinking about stealing money to gamble with.

Gambling addiction is a serious issue. If you or a loved one is showing any of the signs and symptoms, you should get help right away. Here is a list of resources and organizations devoted to helping problem gamblers:

Remember that Colorado sports betting sites are only available to individuals 21 years of age or older. If you suspect someone of underage gambling or aiding a minor in gambling, contact one of the resources listed above.

As always, please gamble responsibly and stay within your limits.

FAQ

Which is the best CO online sportsbook?

The best CO online sportsbook for you depends on your preferences, but your primary concern should be finding ones holding a sports betting license. We broke down the top licensed Colorado sports betting sites by category to help you narrow down your search.

Are online sports betting sites legal in Colorado?

Yes, online sports betting sites are legal in Colorado. Proposition DD passed a voter referendum during the 2019 election season, and the first sites went live in May 2020. The CO gambling laws outline best what is allowed in te state in terms of gambling

What are the best online betting bonus offers in Colorado?

Sports players in Colorado have several online sportsbook welcome bonuses they can claim when they create new betting accounts. Just make sure to read the fine print to avoid any unpleasant surprises. Furthermore, think of whether you can suit the wagering requirements in the time period given.

Do all online sportsbooks in CO offer live betting?

Live sports betting is quickly becoming the preferred method of sports gambling for many CO players, so most operators have excellent live betting platforms, and the ones that don't will quickly adapt. In essence, live betting in Colorado allows you to place wagers on in-progress games and is widely preferred by experienced gamblers.

Which online sportsbooks in Colorado offer the fastest payouts?

The licensed online sportsbooks in Colorado are all legitimate operators with decent payout times. However, some process transactions faster than others. There are many CO online sportsbooks with fast payouts, offering e-wallets and more traditional withdrawal options suitable for effortless and speedy transactions.

Conclusion – Claim a Generous Colorado Sports Betting Bonus

From Colorado sports betting bonuses to intricated sports markets - you can get it all with the help of the operators featured here. Each one stands out as a top-quality product packed with tons of fantastic features. Apart from that, Colorado mobile sports betting has never been safer, with each mentioned on this page operating legally under the state's master license scheme.

Amelia Walker

Delaware-born Amelia Walker takes the senior content writer and legal expert position at Betting.us. Her main professional focus is responsible gambling and operator safety. With a J.D. in Business Law, her professional gambling journey began after a law firm colleague introduced her to safe betting. She is an advocate of strict bankroll management and self-restraint.

Amelia Walker Senior Content Writer at Betting.us More about Amelia

We carefully selected each operator listed here and can confidently say that these are the best betting sites in Colorado in terms of safety, security, and overall experience. As a final recommendation, we can give the BetMGM Sportsbook in Colorado as one of the most fundamentally-sound platforms in the state for UFC, ice hockey and football betting fans.

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