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Colorado Sports Betting & Promo Codes
Colorado
Legal Betting
In the state of Colorado, legal sportsbooks began taking bets in November 2019, and now the state has many online apps that are sports betting providers in the state. Here you will find everything you need to know about sports betting in Colorado, from sports betting education, the state’s local betting rules and how you can get in on the action and start placing sports bets in Colorado.
What To Know
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Online sports betting is legal
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Online sports betting coming soon
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Strong new user sign-up bonuses for residents
Available Sportsbooks
Today's Best Promos In Colorado
Additional Promos in Colorado
Upcoming Games To Bet On In Colorado
Sports Betting Education 101
If you are new to sports betting, don’t worry!
Here at BetSided, we want to serve all sports bettors, from the experienced ones to novice bettors, in order to help them enjoy sports betting in the best way possible.
We have our Sports Betting Education section of the website that includes breakdowns such as:
… and so much more. You can also check out our Youtube channel for video breakdowns on how to bet on specific sports.
Colorado Sports Betting Legalization Timeline
Colorado legalized sports betting after a vote of the population in November of 2019. After a legislative bill was passed by the Colorado General Assembly in May 2019, it paved the way for online sportsbooks such as FanDuel, DraftKings, BetMGM and BetRivers to go live in May of 2020.
Tax Rates in Colorado
Sportsbooks operators are taxed 10% on their net proceeds in Colorado , a modest rate compared to other states that are live.
Colorado Sportsbooks
- Bally Bet
- Barstool Sportsbook
- BetFred Sports
- BetMGM
- BetMonarch
- BetRivers
- Betsafe
- Betway
- BetWildwood
- Caesars Sportsbook
- Circa Sports
- DraftKings Sportsbook
- Elite Sportsbook
- FanDuel Sportsbook
- FOX Bet
- Maverick Sports
- MaximBet
- PlayUp
- PointsBet Sportsbook
- SBK Sportsbook
- SI Sportsbook
- Sky Ute Sportsbook
- SuperBook Sportsbook
- Tipico
- TwinSpires
- WynnBET
Futures Bets To Place In Colorado
Best Sports Betting App in Colorado
Caesars Sportsbook App
Caesars Sportsbook (previously known as William Hill), has some of the best bonus offers on the market. It has a good variety of betting options and is known for partnering with celebrities to get its name and odds out to the market.
Grade: A
DraftKings Sportsbook App
DraftKings Sportsbook’s betslip is easy to navigate, and the odds on the same-game parlay feature make it easier to choose picks. DraftKings is also a staple in the Daily Fantasy community.
Grade: A
FanDuel Sportsbook App
Another Daily Fantasy giant, FanDuel has one of the best cashout features of any sportsbook. It also offers new users a promo where they can bet $5 and receive $150 in any market.
Grade: A
BetMGM Sportsbook App
BetMGM’s mobile app is easy to navigate for betting on games, but getting to player prop screens may be a bit more difficult than options such as DraftKings. However, in Colorado BetMGM was one of the first sportsbooks in the state, giving it an edge over books that opened later on in the process.
Grade: A-
PointsBet Sportsbook App
The interface for PointsBet is really fast, which is always great for bettors looking to place a wager quickly before a game. PointsBet also allows for Points Betting, which means your profit or loss on the game will depend upon how many points your bet wins or loses by.
Grade: A-
BetRivers Sportsbook App
BetRivers has a solid betslip functionality, and it is also easy to withdraw your money at BetRivers, which is obviously important. BetRivers also offers slightly less promos than some other books.
Grade: B+
WynnBET Sportsbook App
WynnBET Sportsbook has an easy navigation, with each sport and the league’s logo at the top of the page. WynnBET doesn’t offer as many props at times, but its Build Your Own Bet feature is very comprehensive for same-game parlays.
That being said, there are other books with more complete offerings.
Grade: A-
All of these apps are great options, and I’d recommend taking advantage of several of their different promo options and testing them out to see which app best fits your needs and what you desire when betting on sports. Everyone’s preferences are going to be different, so there is no harm in testing several out.
Recent Sports Betting News in Colorado
- July 2022: The Colorado Avalanche‘s Stanley Cup run was huge for the state. There was a $127.3 million handle in Colorado during the NHL playoffs, crushing how the state performed year over year during those months.
- May 2022: Colorado surpassed $7 billion in sports betting handle since going live two years of operation
- January 2022: Colorado had $500 million in handle for the first time in history.
How to Place a Sports Bet in Colorado
Placing a sports bet in Colorado is pretty straightforward once you sign up for the app or apps of your choosing.
To sign up, you will need register with the following information
Enter your personal details:
- Name
- Date of Birth
- Username/User ID
- Password
- Last four digits of Social Security Number
- Phone Number
- Home Address
You will then be prompted to set security questions and confirm that you are at least 21 years of age. After that, you can deposit into your account and get ready to start betting. That’s the fun part…
Step-By-Step Process for Colorado Online Sports Betting
Once you have created your account and deposited, you can navigate through the sportsbook to place your wager.
Say you want to bet on an NBA playoff game, here is the step-by-step process at WynnBET Sportsbook.
Step 1: Select the game you would like to bet on
Step 2: Select the wager you’d like to make, in this scenario, we are taking the Warriors -5.5.
Step 3: Select your bet amount and place your bet
Details of Colorado Sports Betting Law
Unlike several states where sports betting is legal, you can wager on college sports teams that are located in Colorado, such as University of Colorado, Colorado State and Air Force.
Sportsbooks are also licensed in the state by partnering with a casino in Colorado.
Colorado Betting Markets: NFL, NBA, NHL, MLB and More
Popular Colorado Sporting Events
- Super Bowl/NFL Playoffs
- NBA Finals/NBA Playoffs
- World Series/MLB Playoffs
- Stanley Cup Finals/NHL Playoffs
- NCAA Tournament (non-NJ teams)
- College Football Playoff
- The Masters
- PGA Championship
- Denver Broncos vs. Kansas City Chiefs
- Denver Nuggets vs. Portland Trail Blazers
- Colorado Rockies vs. Los Angeles Dodgers
Common Types of Bets/Terms
Point Spreads
The point spread in the margin of victory in a game. A team must win or lose by a specific number of points in order to cover the point spread and win the bet.
For example, if you take the Denver Nuggets to cover a 5.5-point spread as favorites against the Utah Jazz, Denver would need to win by six or more points for your bet to cash.
Moneyline
A moneyline bet is simply choosing the winner of a sporting event regardless of the point spread. You can choose the favorite or underdog to win the game.
A great moneyline bet may be the Denver Broncos in 2022, as the team is expected to up its win total with Russell Wilson under center. If you bet on a Broncos moneyline, all you need them to do is win the game for the bet to hit.
OVER/UNDER and Total Bets
An over/under or total is a bet on the total points scored in a sporting event. Over/unders are also used on prop bets.
Coors Field in Colorado is famous for runs and home runs, which means a lot of OVER bets are going to be made when the Colorado Rockies are at home.
Parlay
A parlay is a bet where multiple wagers are linked together in order to increase the odds on the payout. Every leg (bet) in the parlay must hit in order for it to win.
Once the NBA season begins, bettors in Colorado could do an in-state parlay, picking their Broncos and Nuggets to both win on a given day. Both teams would need to do so for the bet to cash.
Prop Bet
A prop bet is any bet placed on a game that is not not directly affecting the game's final outcome. This can include player props as well as game props.
Arguably the most fun way to bet, props can range from Nikola Jokic’s points, to Russell Wilson's passing yards to C.J. Cron’s total bases in a game.
Most Popular Sports to Bet On
The most popular sports to bet on in New Jersey include football (NFL and NCAAF), basketball (NBA and NCAAB), baseball (MLB) and hockey (NHL).
Daily Fantasy Sports in Colorado
Daily Fantasy Sports (DFS) was legalized in Colorado in 2016, the fifth state to do so. You must be 18 years or older to play at sites such as FanDuel Sportsbook and DraftKings.
Betting on Pro Sports Teams in Colorado
There are several professional teams located in Colorado, including the Denver Broncos, Colorado Rockies and Denver Nuggets. Known for its high altitude, Colorado can be a fun state for kicking in NFL games and home runs in MLB games.
NFL Betting in Colorado
Denver Broncos
- The Broncos are looking to make a leap in the 2022 season, as Russell Wilson gives the team its first true franchise quarterback since Peyton Manning retired following Super Bowl 50.
NBA Betting in Colorado
Denver Nuggets
- Back-to-back league MVP Nikola Jokic and the Denver Nuggets could be a scary team in the West with Jamal Murray back healthy for the 2022-23 season.
NHL Betting in Colorado
Colorado Avalanche
- The defending Stanley Cup championship helped their bettors cash in during the NHL playoffs.
MLB Betting in Colorado
Colorado Rockies
- The Rockies are still in a rebuild, and they’re going to need some better pitching if they want to compete in a tough NL West. Betting on them on the road in 2022 has been tough, as they have one of the worst records away from home in MLB.
Other Colorado Teams to Bet On
There are several collegiate teams in Colorado that you can bet on, and the state does not restrict bettors from placing wagers on them. The Colorado Buffaloes, Colorado State Rams and more are all fair game.
Colorado Online Sports Betting FAQ
Colorado legalize sports betting?
Yes, legal online sports betting went live in Colorado in May 2020.
Can I bet online on my phone in Colorado?
Yes, you can use any of the providers below to bet online in Colorado.
- Bally Bet
- Barstool Sportsbook
- Betfred Sports
- BetMGM
- BetMonarch
- BetRivers
- Betway
- BetWildwood (ISI)
- Caesars Sports
- Circa Sports
- DraftKings Sportsbook
- Elite Sportsbook
- FanDuel Sportsbook
- FOX Bet
- MaximBet
- Play Maverick Sports
- PlayUp
- PointsBet
- SBK
- SI Sportsbook
- Sky Ute Sportsbook
- SuperBook
- Tipico Sportsbook
- TwinSpires Sportsbook
- WynnBET
How old do I have to be to bet on Colorado's legal sportsbook apps?
You must be 21 years or older to bet on Colorado's legal sportsbook apps.
Can I bet on my college football team in Colorado ?
Yes, there are no restrictions on betting in college sports in Colorado.
What payment options can I use for betting in Colorado?
You can deposit money into your sports betting account by way of debit/credit cards, e-wallets like PayPal and Skrill, prepaid cards, money order, and, in some cases, cash.
Colorado Casinos
- Ameristar Casino Black Hawk
- Bally's Black Hawk East
- Bally's Corporation
- Bally's Black Hawk North
- Bally's Black Hawk West
- Bally's Corporation
- Black Diamond Casino and Saloon
- Brass Ass Casino of Cripple Creek
- Bronco Billy's Casino
- Bull Durham Saloon and Casino
- Bullpen Casino
- Bullwhacker's Black Hawk Canyon and Grand Plateau Casino
- Century Casino Central City
- Century Casino Cripple Creek
- Colorado Central Station Casino
- Colorado Grande Casino
- Creeker's Gaming Hall
- Doc Holliday Casino
- Dostal Alley Brewpub & Casino
- Double Eagle Hotel & Casino & the Gold Creek Casino
- Easy Street Casino
- Famous Bonanza
- The Gilpin Casino
- Gold Rush Hotel & Casino/Gold Digger's Casino
- Imperial Casino
- Isle of Capri Casino and Hotel
- J.P. McGills Hotel & Casino
- Johnny Nolon's Casino
- The Lodge Casino at Black Hawk
- Midnight Rose Hotel & Casino
- Red Dolly Casino
- Reserve Casino Hotel
- The Richman Casino Wild Card Saloon & Casino
- Monarch Casino Black Hawk
- Riviera Black Hawk Casino
- Saratoga Casino Black Hawk
- Scarlet's Casino
- Silver Hawk Saloon & Casino
- Sky Ute Lodge
- Teller House
- Uncle Sam's Casino
- Ute Mountain Casino Hotel & Resort
- Wild Horse Casino
- Wild Wood Casino
- Womacks Casino & Hotel
Best Sports Bars for Betting in Colorado
- Overtime Sports Bar
- Dirty Byrd
- Rocks Bar
- Back East Bar and Grill
Final Thoughts on Betting in Colorado
Colorado is already one of the most mature markets in sports betting after officially launching in May of 2020.
There are plenty of sportsbooks to choose from and little restrictions on the offerings available to sports bettors. With a reasonable tax rate of 10%, there is a great partnership between legislators, sportsbooks and players. Compared to many other markets, you will be hard pressed to find better access to sports betting than Colorado.
