Colorado Betting: Apps and Bonus Bets 2024

Explore the best sports betting sites in Colorado for 2024. There are 19 licensed platforms in Colorado, but we highlight only the best apps that offer over $6,700 in various bonus bets. Key offers include a $1500 offer from BetMGM Colorado and multiple opportunities from sites like Bet365 and Caesars. Find detailed information on where to bet online and how to access these promotions in Colorado.

Colorado Sportsbook Bonuses

Betting SiteOfferPromo Code
Caesars Sportsbook$1,000 First Bet On CaesarsGet Bonus
Fanatics SportsbookBet And Get Up To $1,000 In Bonus BetsNo code required
BetMGM ColoradoGet Up To $1,500 In Bonus Bets If Your First Bet LosesUSDOTBET
Bet365 ColoradoReceive First Bet Safety Net Promo Up To $1,000USB365
DraftKingsBet $5, Get $150 In Bonus BetsNo code required
FanDuelBet $5, Get $150 In Bonus Bets If Your Bet WinsClaim Offer!
Sporttrade10% Cash Back On Every Bet Your First Week Up To $300AGTRADE
ClutchBet100% Bet Match Up To $250 In Bonus Betsno codes
BetRivers2nd Chance Bet Up To $250. Special Bonus for ColoradoUSBTRV

Note: Use the promo codes when registering or making your first deposit at one of the listed Colorado online sports betting sites to ensure you receive the designated bonus. Each offer is subject to specific terms and conditions; visit the sportsbooks’ websites for more details. You must be 21+ to participate.

The best sportsbooks in Colorado offer their customers attractive welcome bonuses and follow that up with exciting ongoing promotions. You can claim these promos now by signing up for one of our recommended sportsbooks in Prairie State. Our Colorado Sportsbook bonus guide includes detailed instructions, promo codes, and everything else you need to start.

Bet365 – Bet $5 and get $150 bonus bets

Bet365 online sportsbook offers its Colorado players a choice of two welcome bonuses. The offer is you must place qualifying bets to the value of $5 and receive $150 in bonus bets. Use the bet365 bonus code USB365 or via the link to claim the offer.

Colorado betting sites - bet365 CO

BetMGM Colorado Sportsbook – Up to $1500 in bonus bets

BetMGM Colorado is currently running a compelling promotion: place a $5 bet on any sporting event and immediately receive $1500 in Bonus Bets, regardless of the original bet’s outcome. During sign-up, you can use the promo code USDOTBET. These Bonus Bets serve as single-use credits, enabling you to place additional bets without using your funds. However, they are not redeemable for cash and will be lost if the bet is unsuccessful. Each Bonus Bet must be utilized within seven days from when it’s added to your account.

SportTrade CO – Up to $300 in cashback

Get a bonus of up to $300 in cashback with SportTrade using the AGTRADE code when signing up. This is achievable by purchasing $10,000 worth of shares in bets at odds of -400 or greater. It’s important to note that odds like -500 wouldn’t be eligible, whereas odds such as -275 or +110 would qualify.

While it’s unlikely that most bettors will reach this high threshold, the promotion still presents a significant opportunity to accumulate earnings progressively alongside the potential cash profits from successful bets.

Caesars Sportsbook – $1,000 bonus back bet for your first losing bet

Caesars Sportsbook Colorado has an excellent opportunity for its new players if the first bet is losing. Using the bonus code, you can receive up to $1,000 in bonus bets. You have 30 days to place your initial bet after opening your account, and it comes with a 14-day expiry. 

BetRivers – $250 stake back bonus on a first bet if it loses

BetRivers Colorado has a second chance bonus bet welcome offer whereby you will receive up to $250 in a second chance bet if your first bet isn’t a winning one. A promo code of USBTRV is required to activate the offer. You have 30 days to use the bonus funds; any bets you place must have odds of -200 or greater. 

DraftKings – Place a $5 bet and receive $200 in bonus bets 

The DraftKings Colorado’s welcome bonus is lucrative and quite an incredible offer. When you place a $5 bet on one of the lines, you will instantly receive eight $25 bonus bets. It doesn’t matter whether your initial bet wins or loses. You also have got a seven-day window in which to use it. 

ESPN Bet Colorado – $200 Bet Bonus Or Up to $1k Deposit Match Bonus

ESPN BET Colorado offers two bonuses in the Centennial State: a bonus bet or a match deposit offer. The central feature of the first bonus is a $200 betting bonus aimed at newly registered users. This bonus is conveniently split into four segments of $50 each, allowing Colorado bettors flexibility and ease in their betting choices across various sports markets. To claim this offer, new Colorado users must sign up for an ESPN sportsbook account and place a wager on any available sports betting market without needing a coupon code.

Alternatively, ESPN BET has introduced a deposit match offer in Colorado. This promotion effectively doubles the initial deposit amount of new users with a 100% match, up to $1,000 in eligible cashback. This cashback is added to accounts automatically after a successful deposit but does come with specific terms, including a 5% cashback rate and odds restrictions.

FanDuel – Bet $5 and get $150 in bonus bets

The FanDuel welcome offer is similar to the DraftKings one, where you must also place a minimum bet of $5 and receive $150 in bonus bets. However, the FanDuel sportsbook offers new players a month’s free trial of the NBA League Pass. The bonus funds have a seven-day expiry, and you cannot use them for the same game, round-robin, or Parlay bets. 

Colorado Bonus Types Explained

It’s important to note that every Colorado sportsbook has different bonus offers, so let’s look at the most common and how to use them:

Second Chance Bet

Most Colorado online sports betting apps favor this welcome offer of a second chance bet like PointsBet, Bet365, and BetMGM. When you place your first bet, if it doesn’t win, you will receive bonus back bets, allowing you another chance to place a new sports bet wager. 

The minimum deposit required is $10, and how it works is if you have a winning bet, you receive the payout, and the offer is over. However, if you lose, you will receive a bonus back up to the amount of your losing bet’s potential winnings. Let’s say you bet $100, and the payout if it won was $700. As $100 was your bet amount, you will only receive any potential profit, which would have been $600. 

Another essential point is always to check the terms, as some have different time frames in which to use, like seven days at DraftKings. If you forget, you forfeit any bonuses on your account. There are also sometimes restrictions on bets, so always check exactly what you can use them for. 

Bet and Get Bets

DraftKings, Bet365, and FansDuel offer this type of bonus, where you place a minimum bet of $5. With DraftKings and FansDuel, you receive $150 in bonus bets, and Bet365 offers $150. It doesn’t matter if you win or lose. As soon as you place your bets, the free bets get released.  Also, always check the time limits; you will only receive any winnings, not the free bet value. 

After the welcome bonus is used up, the best Colorado sportsbooks encourage players to return with various sports promotions. These include bet boosts, free bets, or cashback offers on a particular sport. 

If the sporting calendar has many significant events, you can expect to find even more offers, so check the promotions tab, especially for important events like the NFL. 

How to Claim Sportsbook Bonuses in Colorado

Check out our easy steps to claim one of the Colorado sportsbook bonuses:

  1. Open the chosen Colorado sportsbook homepage.
  2. Find the offer on the promotions tab and read through any bonus terms attached. 
  3. Register your new account, providing your details, and if you have a bonus code, input it if it is part of the registration process. 
  4. make your first deposit through the cashier to activate the bonus. 
  5. Place the required bet as detailed in the terms, and check the minimum lines required and your bet amount. 
  6. As soon as your bet settles, you can make a withdrawal request if it’s a winner. 
Colorado Mobile Apps - Betfred sports CO app

Understanding Colorado Sportsbook Bonuses – Terms and Conditions

To ensure you will receive both your bets and any winnings, always check all these details before placing your first wager at a Colorado bookmaker:


Bookmakers in Colorado have various time frames for when you must complete any bonus bet requirements. For example, PointsBet has a seven-day expiry, BetRivers has 30 days, and Bet365 allows 90 days, so always confirm so you don’t lose your free bet. 

Colorado Sports Betting Bonus codes

Bonus codes are essential to claim one of the welcome bonus offers if required, like the one at Caesars Sportsbook. Either input it at the point of registration or deposit; without it, you won’t receive the bonus. 

Colorado Sportsbook AppsPromo Codes
DraftKingsNo code required

Some Colorado sports betting websites require clicking an opt-in button, like Bet365, to activate an offer and deposit. The button is always clearly visible under your account dashboard, giving you easy access to what’s required. 

If you are fortunate to live in Colorado and are looking for enticing sportsbook welcome offers, then we have picked the top seven sites that all offer generous betting bonuses for second-chance bets. Always check the terms first to understand what’s required, and happy betting!

Colorado Betting Sites & Apps 2024

Discover the best sportsbooks and betting apps in Colorado for 2024. Our expert review covers top operators like BetMGM, Bet365, and DraftKings, offering insights into their payment options, betting markets, and mobile app quality. It’s perfect for fans of the Denver Broncos and other local teams.

Following the decision of the Supreme Court to strike down the controversial PAPSA legislation in May 2018, Colorado became the 19th state to legalize sports betting two years later on May 1st, 2020.

The state has since licensed and regulated 19 online sportsbooks, including some of the most recognizable and stellar brands in the US marketplace.

Our expert team has reviewed each of these operators to determine precisely what they offer CO residents in terms of payment options, available betting markets, and the quality of their mobile apps.

But where is the best place to back the Denver Broncos, the Colorado Rockies, or the Denver Nuggets? Read on to see our picks for the top five Colorado sportsbooks.

BetMGM Colorado – The Best for Available Betting Markets

BetMGM launched in Colorado in May 2020, with the site comprehensively covering more than 20 different sports categories. Interestingly, the operator also offers thousands of betting markets, with a diverse range of options reserved for Broncos, Avalanche, Nuggets, and Rockies games.

Additionally, you can target a broad selection of smaller hockey, football, baseball, and basketball leagues at BetMGM, while multi and same-game parlays are also readily available. We also like the sportsbook’s unique ‘Edit My Bet’ feature, which allows you to tweak your selections and stake values (or even add legs to existing parlays) after the wager has been confirmed.

BetMGM has also developed polished and popular apps for iOS and Android. These apps have earned average ratings of 4.8/5 and 4.4/5 across many users.

Bet365 Colorado Sportsbook – The Best for Secure Payment Methods

Bet365 is a world-renowned European gambling brand that didn’t debut in the Colorado marketplace until September 2022. However, it has wasted no time in becoming a market leader in the state, especially in terms of its tech stack and the range of secure payment options available to bettors.

More specifically, you can process transactions using trusted banking methods such as Visa debit card, PayPal, E-Check, Instant bank transfer, and wire transfer. Secure online banking is also available, while in instances where your Visa debit card and bank are eligible for ‘Visa Direct,’ your cash withdrawal should be completed either instantly or within two hours. Broadly speaking, Bet365 payouts should take no more than two working days to complete.

Of course, you can access these payment methods through the Bet365 mobile app, whether you’re an iOS or Android user. Both examples of native software are sleek and intuitively designed, while they’re rated 4.6/5 and 4.5/5 on the Apple and Google Play Stores.

BetRivers Colorado Sportsbook – The Best for Easy Registration

BetRivers is now accessible in a dozen US states (including Colorado), while it was among the first to be granted a CO license in May 2020. In addition to its stellar rewards program and status as a revered US brand, BetRivers provides one of the quickest and smoothest registration processes in the Colorado market.

While you must be located within the state’s boundaries to bet lawfully at BetRivers CO, you can open an account from anywhere in the world simply by clicking the ‘Join Now’ button in the top right-hand corner of the screen.

You can also save time by entering your email and personal information in the banner at the top. So long as the data is entered accurately and in full, the site should immediately verify your identity and open your account!

You can also create an account through the BetRivers native apps on iOS or Android. However, you should note that these apps both have disappointing average ratings of 3.1/5, meaning that it’s at a slight disadvantage when it comes to the mobile wagering experience that it offers.

DraftKings CO Sportsbook – The Best for Live Betting and Wager Types

DraftKings hit the ground running in Colorado, opening its virtual doors as soon as possible on May 1st, 2020. Of course, the brand is best known as a daily fantasy sports betting site, but it now offers multiple ante post and live markets and some incredibly diverse wager types.

Arguably, the site sets the gold standard regarding live betting options, while its odds are fairly calculated and enhanced through daily price boosts. DraftKings is also great for customer engagement, thanks to its creative betting specials, sportsbook pools, and popular ‘pick ’em’ contests. Popular ‘same game parlays’ can also be accessed through both ante-post and in-play markets, allowing you to combine multiple player props or totals lines in a single wager.

Unsurprisingly, DraftKings CO also offers an exceptional mobile app, with the native iOS software having earned an average rating of 4.8/5 from 453k reviews. The Android app has earned a similar rating of 4.6/5, so you can access a stellar live betting experience regardless of device.

FanDuel Colorado  – The Best Mobile Betting App

FanDuel launched in Colorado alongside DraftKings on May 1st, 2020, having emerged as one of the most successful sportsbooks since US states started to legalize betting in 2018. In fact, FanDuel has taken more handle than any other operator in the US market, while it’s arguably the only sportsbook to have produced a better mobile app than DraftKings.

The FanDuel CO app is certainly incredibly well-designed (both from a visual and functionality perspective), while it boasts the easiest-to-use interface in the marketplace. This software can also access daily price boosts and targeted promotions. At the same time, FanDuel’s partnership with the Denver Broncos enables them to offer additional and more precise betting lines on relevant matches through the app.

The app’s undoubted quality is also reflected by the native software’s average rating of 4.8/5 on iOS. On Android, the average rating is almost identical at 4.7/5, so you can enjoy a consistent experience across all device types.

Licensed Betting Apps Colorado

Online sports betting is legal in Colorado. You can access dozens of licensed sports betting sites and apps in Colorado, including the five market leaders detailed above. Here’s a complete list for your reference.

Colorado sportsbookMobile AppRetail partner
Bally BetYesBally’s Black Hawk
bet365 Sportsbook COYesCentury Casino Cripple Creek
Betfred SportsYesSaratoga Casino Black Hawk
BetMGMYesMidnight Rose Casino
BetMonarchYesMonarch Casino
BetRiversYesMcGills Hotel and Casino
BetsafeYesDostal Alley Casino
Betway COYesFamous Bonanza Casino
CaesarsYesLady Luck Casino
Circa SportsYesCentury Casinos
ClutchBetYesWild Card Saloon Casino
DraftKingsYesBally’s Black Hawk
ESPN BET (Formerly Barstool)YesN/A
Fanatics SportsbookYesDouble Eagle Casino
FanDuelYesBally’s Black Hawk
SBK SportsbookYesBronco Billy’s Casino
SI SportsbookYesColorado Grande
SporttradeYesGF Gaming
SuperBookYesThe Lodge Casino
TipicoYesCentury Casinos

Of course, you can compare and review all of these sportsbooks independently, each capable of offering a secure and user-friendly betting experience in the state. However, we’d recommend wagering at one of our five recommended CO operators, as they arguably offer the best value for your hard-earned cash!

Professional Teams in Colorado

In addition to betting on individual games and events, Colorado sportsbooks also offer a wide range of betting options for professional sports teams in the state. There are currently five major professional sports teams in Colorado, including the Denver Broncos (NFL), Colorado Rockies (MLB), Denver Nuggets (NBA), Colorado Avalanche (NHL), and Colorado Rapids (MLS).

Betting on these teams can be a popular option for Colorado sports bettors, as it allows them to support their home teams while potentially winning some money in the process. Some of the most popular types of bets for professional teams in Colorado include:

  1. Moneyline bets: This is a simple type of bet where you simply choose which team you think will win the game. If your team wins, you win your bet.
  2. Point spread bets: This type of bet considers the point spread. The point spread is a number set by the sportsbook to even out the betting action. You can either bet on the favorite team to win by a certain number of points, or on the underdog team to keep the game within a certain number of points.
  3. Totals bets: This type of bet focuses on the total number of points or goals scored in the game. You can bet on whether the total score will be over or under a certain number set by the sportsbook.
  4. Futures bets: These are bets on events that will happen in the future, such as which team will win the championship or who will be named MVP. Futures bets can offer high payouts but are also more difficult to win.
  5. Prop bets: Prop bets are bets on specific events that happen within the game, such as which player will score the first touchdown or how many total yards a certain player will have. Prop bets can offer a lot of excitement and potential payouts but are also more difficult to win.

When betting on professional teams in Colorado, it’s important to remember to do your research and understand the betting options available to you. Look at past performance, current standings, and any injuries or other factors that could impact the outcome of the game. And as always, gamble responsibly and only bet what you can afford to lose.

Nearly two years after the controversial PAPSA legislation was struck down, Colorado finally legalized retail and online sports betting on May 1st, 2020.

Do I need to be a resident of Colorado to bet online?

No, you do not need to be a resident of Colorado to bet online. However, it would be best if you were physically located within the state to place a bet.

Can You Bet on Colorado-based teams in the State?

So long as you’re of legal age and live within Colorado’s boundaries when you bet, you can wager real money on local CO teams such as the Colorado Rockies, Colorado Avalanche, and Colorado Rapids.

Can I bet on college sports in Colorado?

Yes, you can bet on college sports in Colorado, but there are some restrictions. You cannot bet on college sports that involve Colorado teams, and you cannot bet on any college prop bets.

Can you place bets on a mobile device in Colorado?

Yes. Wagering in Colorado can be done from any location within the state as mobile betting is permitted throughout the region. 

Are betting bonuses available in Colorado?

Yes. Due to the number of quality sportsbooks available, Colorado online betting allows access to many betting offers and promotions.

How old do I need to be to bet online in Colorado?

You must be 21 years or older to bet online in Colorado.

Are Colorado online sportsbooks safe to use?

Yes, all of the sportsbooks listed above are licensed and regulated by the Colorado Division of Gaming, ensuring that they meet strict safety and security standards.

Who has the best Colorado sportsbook bonus?

The betMGM Colorado welcome offer is excellent. It lets you choose your preferred bonus of a bet and get up to $1500 in second-chance bets. 

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