Best Colorado Sportsbooks September 2023
Our expert selection of the best Colorado sportsbooks with their exclusive welcome offers is the best way to choose where to place your first sports bet in CO.
Updated on : 09/23/2023
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| Online Sportsbooks · States · Colorado |
Gamblers all over the centennial state rejoiced as Colorado sports betting became legal in early 2020. For the first time since forever, players can bet on their favorite teams with fully regulated betting.
The law extends to anyone who’s staying within state borders. You don’t have to be a resident to participate in Colorado betting sites. This opens up so many opportunities for bettors around the country.
Bookmakers didn’t waste any time in setting their sights on the fresh Colorado market. Colorado sportsbooks started popping up so fast it seemed they had been there the whole time. Most of these are well-known operators, such as BetMGM and FanDuel.
Colorado betting is new, but seems to be expanding rapidly with many new betting apps. This means that players can expect to see a lot more down the road.
STATE OF COLORADO SPORTSBOOKS
Each month, legal betting states release information regarding handle (amount of money in accepted wagers), gross revenue, taxes, leading sportsbooks, etc. The latest data from the Colorado Department of Revenue Gaming Division is from June 2023.
| Metric | June 2023 |
|---|---|
| 💰 Total Handle | $310,656,478 |
| 🏉 Gross Sportsbook Revenue | $9,223,661 |
| ⚖️ Taxes | $441,951 |
Come check out other states' sports betting handle and revenue.
CONTENTS
- Best Colorado Sportsbooks
- Colorado Retail Sportsbooks
- Colorado Sports Betting Sites Features
- Colorado Betting Laws
- Colorado Betting: Events & Markets
- Betting on Colorado Teams
- CO Daily Fantasy Sports
- Colorado Sports Betting FAQ
- Colorado Casinos
- Colorado Payment Options
- Final Thoughts
BEST COLORADO SPORTSBOOKS
So, if you are going to get into Colorado online sports betting, you will need to know how to place your bets. And, that means you will need to check out the top sports betting sites in Colorado. Below is a detailed review for each legal Colorado sportsbook and the ones that should come into play soon in order to help you choose the best CO sports betting site for you!
BET365 COLORADO
bet365 is now live in Colorado! This is an exciting move forward for Colorado-based bettors, as bet365 is one of the most well-known and respected betting brands internationally. Already live in NJ, this expert sportsbook has featured catering to bettors of all skillsets and styles. Find bets on your favorite leagues!
SI SPORTSBOOK COLORADO
The newest venture from 888 and Sports Illustrated is SI Sportsbook. This new kid on the block is putting out some of the largest bonus-back welcome offers we've seen in recent memory, in addition to offering solid lines on your favorite sports in an easy-to-read and use package. We're watching this fledgling operator closely, because while they are newer to the scene, they're backed by 888 Sports, one of the most experienced gambling and sports wagering brands in the world.
BETRIVERS COLORADO
Recently licensed BetRivers is one of four Colorado online sportsbooks to have launched first. BetRivers is already active in Pennsylvania and Indiana, so they're no stranger to a streamlined online betting experience. Plus, their sister site, SugarHouse, is also in NJ, so Rush Street brands have been operating in the biggest online sports betting markets in the US.
POINTSBET COLORADO
PointsBet is a company you will want to get to know when getting into online sports betting. The online sports betting website has its headquarters in Colorado already. The company was eager to go live in the Centennial State, and that went down on November 19, 2020! You can benefit from an exclusive "Hometown Offer" if you're betting with PointsBet in Colorado.
In addition, PointsBet has a quick and simple to navigate mobile app that has launched in other states already. So, the PointsBet mobile app should help put the website among the top sports betting sites in the state. And, users will appreciate the points spread betting focus of the online sports betting website. It's a unique approach to sports odds and wagering.
DRAFTKINGS COLORADO
DraftKings Sportsbook is already one of the top sports betting sites in states like New Jersey, Indiana, West Virginia and more. Now, DraftKings has launched in Colorado as one of four first-movers. Already, it's clear that the roll-out of DraftKings Sportsbook and the sports betting app in the state went smoothly.
Many sports betting websites have not found the same level of brand recognition as DraftKings. The website has some of the most trusted betting odds that you can find on an online sportsbook. And, it is very easy to place your bets on the online sportsbook and the sportsbook mobile app.
FANDUEL COLORADO
FanDuel Sportsbook is another sports betting website that has fans across the country and has just launched in Colorado. So, you can expect to find Colorado sports fans flocking to the site now that it is live in Colorado. And, you can expect these fans to snag the amazing promotions like sportsbook welcome offers promoted by the site.
FanDuel is a site that is very similar to DraftKings, both in application and origin. So, you can expect the betting odds you find on the site to be very accurate and reliable. And, you can place your bets with relative ease when you use the FanDuel sportsbook online.
BETMGM COLORADO
Already crushing it in NJ, IN, WV, AZ, TN, and more along with the MGM Resorts in Vegas, BetMGM is another great online sportsbook that launched on May 1st after having secured its betting license in Colorado. With a great sportsbook app available and years of gambling experience, BetMGM Sports is a great addition in the Rocky Mountain State.
Last Updated September 23, 2023 10:38 AM ET
CAESARS COLORADO
Just like Circa, Caesars has a strong background in retail sports betting not only in Vegas but as one of the biggest sportsbooks in the UK. Joining the NJ betting landscape early on, Caesars has proven that their retail expertise carries over into the online betting world. Having secured a license already in CO, Caesars Sportsbook will be a welcome addition to the state.
SUPERBOOK COLORADO
SuperBook is one of the primary competitors for "largest sportsbook in the world" and while they're referring to their retail location at the Westgate in Las Vegas, they're also shooting their shot for being the online king. Live in Colorado, this online sports betting provider gives new users an exciting bonus match offer.
BARSTOOL COLORADO
Barstool has been a top name in sports news and expert opinions for some years now, with iconoclast Dave Portnoy at the helm. Now, they're available in Colorado as a sports betting app, offering competitive odds and a tight, easy-to-pick-up sportsbook on mobile and desktop.
BALLY BET COLORADO
*In preparation for its merger with Kambi, Bally Bet has temporarily shut down its sports betting app in Colorado.
Bally Bet is now live in Colorado, and users can get access to a platform informed by the years of experience with partner, FOX Sports. Now that Bally Bet is a live app and website in several states, they've started to roll out a bunch of features and a worthwhile welcome offer for new users.
BETFRED SPORTS COLORADO
Betfred Sports has partnered with Saratoga Casino Black Hawk in Colorado to provide both retail and mobile betting. The sportsbook will be branded as Betfred Sports and powered by betting platform provider Optima. BetFred Sports operates over 1500 betting shops in the UK. You can place bets on almost every sport, including esports, MMA, entertainment, and politics.
BETWAY COLORADO
Betway offers bets on everything from pro football to table tennis and more. Bettors living in or traveling to the Centennial State will find a solid, easy-to-use platform for smartphones and computers in Betway, which offers a $250 bonus-back bet for new users. They have been live in Colorado since June 2021.
SMARKETS COLORADO (SBK SPORTSBOOK)
Smarkets partnered with Nasdaq-listed Full House Resorts to offer online sports betting via SBK sportsbook in Colorado. Smarkets offers a betting exchange platform that pairs bettors against each other, creating their own markets. You will find betting tips, see who is on a hot streak, and be able to compete with your friends.
THESCORE COLORADO
TheScore enters the Colorado market via a partnership with Jacobs Entertainment. TheScore will mobile app will start operating later this year. Part of a 10-year deal, Jacobs Entertainment will operate the mobile betting app and receive an upfront fee and share revenue. Stay tuned for more about TheScore in Colorado.
CIRCA SPORTS COLORADO
Now, Circa Sportsbook is best known for its retail location at Golden Gate Casino in Vegas. This storied bookmaker is widely considered to offer some of the lowest holds on sporting events; sometimes even less than half. That means more money in the player's pocket! Having already secured a CO betting license, Circa Sports has been testing their app in several states, to solid success. If you want a no-fuss platform that cuts straight to the chase with competitively priced odds and a good selection of markets, Circa may be a good option for you.
Check out current offers in Colorado and how each sportsbook stacks up below!
| Operator | ||
| BetMGM CO | (T&C’s apply, 21+) | |
| FanDuel CO | (T&C’s apply, 21+) | |
| BetRivers CO | (T&C’s apply, 21+) |
COLORADO SPORTS BETTING SITES FEATURES
| Operator | In-Play Betting | Live Streaming | Parlays | Same-Game Parlays | Prop Bets | Loyalty Rewards Program | Mobile App |
| BetMGM | |||||||
| Caesars | |||||||
| SI Sportsbook | |||||||
| Betfred | |||||||
| FanDuel | |||||||
| Betway | |||||||
| BetRivers | |||||||
| Superbook |
COLORADO RETAIL SPORTSBOOKS
Colorado burst onto the scene with legal sports betting in early 2020. Partnerships between mobile sports betting operators and in-state casinos were quickly formed. Most of the state’s land-based casinos are based in Blackhawk. There is a smaller number of retail gaming venues in Cripple Creek.
DraftKings partnered with Golden Glitch while FanDuel has ties to Golden Gates. Both retail books are located in the Blackhawk region. Las Vegas-based Circa Sports opened a retail sportsbook in Cripple Creek as part of an alliance with Century Casinos.
Last Updated September 23, 2023 1:26 PM ET
COLORADO BETTING LAWS
With betting laws changing throughout the United States on any given day from state to state, many are curious about the legality of gambling. So, it is a good idea to look up the gambling laws and legislation for any state you will be residing in or visiting. Luckily, it is quite easy to find out the status of things like Colorado online sports betting.
As of May 1, 2020, sports betting is legal in Colorado as long as you place legal bets with a licensed sports betting operator within the borders of Colorado. Sports betting is only legal if you're betting at a licensed sportsbook authorized by the state of Colorado, in fact offshore sportsbooks are not legal in Colorado.
However, not all forms of gambling are legal in Colorado just yet. Unlike sports betting, online casinos are still illegal as of the time of this writing. And, no legislation has been approved as of yet to change the laws about online casinos in the state.
Types of bets that you can place will be listed on each individual sportsbook. You can find retail sportsbooks at brick-and-motor locations or use an online sportsbook for your online sports betting needs. However, you must make sure you are of legal gambling age in the state in order to place a legal bet.
COLORADO BETTING: EVENTS AND BETTING ODDS MARKETS
As sports betting is legally being constructed, there are a lot more rides at the playground to enjoy. Mainstream sporting events like the NFL and NBA all got invited to the grand opening.
While major league games will always dominate the markets, many Colorado betting sites are reaching out to oddball competitions. Nowadays, players have more betting options than there are bookmakers.
And, you will want to learn about the events that Colorado sports fans tend to place their bets on. These big events are great times to place your sports bets because many online sportsbooks offer promotions around them. So, you can place your bets and earn a little extra if you use a promotion to do so.
The world of online sports betting has become more diverse thanks to the new laws. A large part of the sub-category games consist of minor leagues and uncommon sports. For example, water polo was barely a thing until people could wager on it. The new betting law has brought these games to life.
POPULAR COLORADO EVENTS
Here are some of the events you can bet on with most Colorado sportsbooks:
- NFL Betting - Pro Football
- NCAA Football Betting - College Football
- NCAA Basketball Betting - College Basketball
- MLB Betting - Major League Baseball
- NBA Betting - Pro Basketball
- NHL Betting - Pro Hockey
- MLS Betting - Pro Soccer
- Tennis Betting - US Open and other Grand Slam tournaments
- Golf Betting - PGA, Masters
- Boxing & MMA Betting
- Field Hockey Betting
- Volleyball Betting
Some less common events that are still action-packed:
- Winter athletics (these include snowboarding and skiing)
- Swimming (mainly Olympics)
- Bowling (only professional league)
- eSports
- Water Polo
- Rugby
COMMON TYPES OF SPORTS BETS
There are many common types of bets that you can wager your money on when using an online sportsbook or retail sportsbook. The most common type of bet that you will find is an outright win bet. An outright win bet is when you choose the outright winner of the sporting event or game that you are betting on.
Other common types of bets that you can place your money on are prop bets, which are bets placed on occurrences in the sporting event that have no impact on the final outcome. Prop bets can be fun bets to place because they allow you to engage in the action of the game in a different way. Also, you can place bets on who will be leading at halftime, which player will be the first to score and more.
When playing at major Colorado betting sites, there are a few types of wagers you’ll see time and again. They are often players’ choice for fast and impactful action.
- Moneyline: these are straight bets that payout for the outright winner. It’s the most common wager at all sportsbooks. Each team goes in with preset odds. They’ll have to win outright in order to earn a payout..
- Over/Under: when betting, if you can’t decide who’s going to win, bet on the total scores instead. This option is easier to play than moneyline as you don’t have to worry about your team losing.
- Accumulator: bet on more than one game at a time and get progressively larger winnings. The only problem with this is if you have to win the whole series. If one game loses, you lose the entire bet. Players can find many variations of these bets on Colorado betting apps.
BETTING ON PRO SPORTS TEAMS IN COLORADO
Colorado isn’t short of professional sports teams and major league monsters. Finding a great team to follow and invest in their success isn’t the hardest thing to do.
As sports betting is official, the action is pouring in from the most popular operators. They specialize in both major and minor leagues, including other less common sports.
One fun fact about Colorado is that Denver happens to be the smallest city in the United States that has four major professional sports teams. These teams are the Denver Broncos football team, the Denver Nuggets basketball team, the Colorado Rockies baseball team, the Colorado Avalanche hockey team as well as the Colorado Rapids soccer team. So, you can see that there are a lot of Colorado sports teams for you to place your bets on when it is legal to in the state.
You’ll find prominent events, including the NFL, NBA, NHL, and MLB, across all Colorado betting sites. Their games come in varying odds and payouts, so find a bookie that fits your budget. One of the best ways to enjoy the Colorado sports betting major league action is by betting live. It adds to the intensity of rooting for your team.
NFL BETTING
The NFL has dominated the market for decades and will continue doing so for years to come. If you’re a football fan, this is the best time to get in on the action. Most of the best Colorado sportsbook operators will cover games from pre-season to the Super Bowl. The tricky part is finding the one with the best odds.
Betting on the Denver Broncos
Broncos fans bleed orange. Only a true follower is familiar with that phrase. The Denver Broncos are Colorado’s only NFL team with eight Super Bowl appearances. They won three of those, including the unforgettable game against the Carolina Panthers in 2015. It was the last game living legend Peyton Manning ever played.
NBA BETTING
Basketball is the most prominent sport to bet on, next to football. The NBA has some of the greatest action in the sports betting market.
They also dominate the mobile platforms. You’ll find some great odds on Colorado betting apps that either are a part of a bookie or operate on their own.
Betting on the Denver Nuggets
The Denver Nuggets are Colorado’s state basketball team. They have made 26 playoffs appearances, so you can count on them to pull through mid-season. Unfortunately, the Nuggets have never won a championship.
Due to their lack of power, the Nuggets always get high underdog odds on many Colorado betting sites. You can take advantage of their strength during the early season and get a headstart.
NHL BETTING
Colder states like Colorado have lots of ice hockey fans. The NHL is gaining more attention now that Colorado sports betting is legal. There’s a lot of action in these games, including exciting side bets.
Many Colorado betting sites extend beyond national leagues for ice hockey. It’s something to look out for when hunting for good odds. You can bet on NHL games on mobile as well. Some Colorado betting apps provide mainstream wagerings like puck line and over/under.
Betting on the Colorado Avalanche
Commonly known as the Avs, the Colorado major league ice hockey team has had some volatile years. With 25 playoff appearances and two championships under their belt, the Avalanche are a solid moneyline choice.
MLS BETTING
With the rise of sports betting in the Centennial State, the action on MLS is better than ever. You’ll find a wide variety of odds across the most popular Colorado sportsbooks.
Betting on the Colorado Rapids
Colorado soccer only needs one team, and that’s the Rapids. With two MLS Cup appearances and one championship, the Rapids can hold their own in mid-season matchups.
OTHER COLORADO TEAMS TO BET ON
The sports betting offer includes more than just major league games. Some oddball sports are hidden gems tucked away in the dark corners of operating sportsbooks. You can find some amazing betting lines in these games if you look hard enough.
- Lacrosse - Denver Outlaws, CO Mammoth
- Rugby - CO Raptors, Glendale Merlins
- Indoor Football - Denver Aviators, Wildcats
BETTING ON COLLEGE FOOTBALL
College football is almost as big as the NFL, and the NCAA is home to the hottest sports betting action.
One big match-up every year for sports gamblers in Colorado is the Rocky Mountain Showdown, when the Colorado Buffs and Colorado State Rams face each other in college football.
- Air Force Falcons
- Colorado Buffaloes
- Denver Pioneers
- Northern Colorado Bears
BETTING ON COLLEGE BASKETBALL
Colorado sports betting has a huge NCAA basketball market. These games have decent odds range on most Colorado sportsbooks.
DAILY FANTASY SPORTS IN COLORADO
Daily Fantasy Sports, or DFS, was legal even prior to the legalization of Colorado sports betting. It’s always been a skill-reliant game, so it’s legal in most states. With the recent relief on gambling restrictions, however, betting in Colorado now has more high-stake options for DFS.
The power of creating your own team is the main appeal of Daily Fantasy Sports. Colorado sports betting sites like FanDuel and DraftKings were among fan-favorites long before they came to the state. Now, the biggest Colorado betting sites are available for local players, including Yahoo and Fantasy Draft. Each of them also have their own Colorado betting apps for more convenience.
Betting in Colorado has never been more diverse thanks to the complexity of DFS. Some Colorado sportsbooks give bonuses based on individual scoring against certain teams. Combine that with some live game betting, and you’ll have yourself a busy day.
COLORADO SPORTS BETTING FAQ
You may still have some questions about Colorado online sports betting. So, this frequently asked questions section should help to answer any of those question. And, if you still have any questions after, you should do your own research.
ARE SPORTS BETTING SITES LEGAL IN COLORADO?
Colorado legal online sports betting started in May 2020. When the United States Supreme court overturned PASPA (the Professional and Amateur sports protection act) in 2018, that opened the door for legal sports betting across the United States. In fact, each state now has the ability to pass its own legislation regarding sports betting and online sports betting.
WHAT ONLINE SPORTSBOOKS ARE LEGAL IN COLORADO?
The list of legal online sportsbooks in Colorado includes FanDuel, PointsBet, BetRivers, DraftKings, BetMGM, Caesars, Betfred, and much more.
WHAT DO I NEED TO REGISTER AT AN ONLINE BETTING SITE IN COLORADO?
You will need to be of legal gambling age to participate in online betting in Colorado. And, you will need to have a legal address in the state to sign up for an account on an online sportsbook. You will need to provide personal information when creating a new account on an online sportsbook.
IS IT SAFE TO DEPOSIT MONEY ON SPORTS BETTING WEBSITES IN COLORADO?
It will be safe to deposit money at a sports betting website in Colorado if you use a trusted name when choosing your online sportsbook. Proven online sportsbook operators can be trusted to keep your money as safe as possible.
CAN I SET BETTING LIMITS?
Most online sportsbook websites and sportsbook apps allow you to set betting limits on your accounts.
COLORADO CASINOS
The majority of casinos reside in Central City, twinned up with sister city Black Hawk. Some of the most visited spots include Ameristar, Golden Gates, and Lady Luck casinos. You can find a lot of Colorado sports betting action here, too.
Online casino gambling isn't yet regulated in Colorado, but you can be sure that a ton of national providers will enter the market as soon as they're able. PlayStar Casino, for one, has already initiated deals to enter the market there ASAP.
COMMON PAYMENT OPTIONS
Typically, online sportsbooks and online sportsbook apps accept very similar forms of payment. So, you can expect to use a similar form of payment when you are engaging in Colorado online sports betting when it is legalized. And, you should be able to find a form of payment that you are comfortable with.
You can usually pay with the following forms of payment on an online sportsbook and sportsbook app: -Credit and debit cards, usually Visa Card and Mastercard.
- PayNearMe cash payment
- Cash at Cage cash payment at a connected retail casino or sportsbook
- ACH transfer
- Online banking
- eCheck
- PayPal/eWallet
As you can see, you should be able to find a form of payment that works for you. And, that will make it even easier for you to start with Colorado online sports betting. Plus, you will want to check out the ways for you to withdraw money when you win your bets.
FINAL THOUGHTS ON BETTING IN COLORADO
The legalization of sports betting in Colorado was a much needed addition for gamblers in the state. The market has such diversity now that there’s no reason not to try your hand at betting. Betting in Colorado has never been more exciting thanks to an expanding market. From here, things can only improve for us dedicated bettors.
bet365 Offer Terms and Conditions:
Available to new customers only. A deposit (minimum $10) is required to participate in this offer. You must claim the offer within 30 days of registering your account. Once released, your Bonus Bets will be held in your account balance and are non-withdrawable.
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