Legal Colorado Sports Betting

Safe, legal and regulated sports betting has arrived in Colorado. Since launching on May 1, 2020, 26 mobile sportsbook operators are now live in the state. They offer some of the most generous and enticing promotions in the country to compete for your business.

Colorado has created a regulatory structure that benefits the bettor, and it shows. Centennial state bettors have an impressive array of sportsbooks to choose from. The big guys are here, but so are many smaller operators that offer competitive vigs, loyalty programs, and bonuses designed to compete with DraftKings and FanDuel.

Whatever your preference, chances are there is a sportsbook in Colorado that offers what you are looking for.

Best Colorado online sportsbooks

Rank
Casino
Offers
Features
1

Bet $1, Get $200

  • Promo Code: NJPROMO
  • Famous Global Brand
  • Lots of Banking Choices
2

$1000 Risk-Free Bet

  • Promo Code: COB1000
  • Tons of Promotions
  • Fast Withdrawals and Deposits
  • Good Media Integrations
3

$1000 No Sweat Bet

  • Best Odds, Prices in Industry
  • Tons of Props on 16+ Sports
  • Speedy Withdrawals, Deposits
  • Smooth, Sleek Design
4

$500 In Free Bets

  • No Promo Code Required
  • Unique High-Upside Format
  • Exciting Welcome Bonus
  • Name Your Own Bet
5

Bet $50, Get $50

  • Promo Code: XCOBETS
  • Trusted Name
  • Competitive Pricing
  • Well Designed Mobile App

What’s new at Colorado online sportsbooks September 2022

September is officially upon us and that can only mean one thing – football is back! College football will look to follow up an exciting Week 0 with its loaded Week 1 slate on September 3rd, while the NFL will start its regular season on Thursday, September 8th.

Denver Broncos

The Denver Broncos will begin the 2022 campaign on September 12th in a Monday Night Football battle against the Seattle Seahawks, the same team that traded new franchise QB Russell Wilson to Denver this past offseason. Wilson will look to break the Broncos’ current playoff drought, which dates back to 2015 when they won the Super Bowl led by Peyton Manning. Denver will travel to Seattle for its game against the Seahawks before rounding out the month of September with home games against the lowly Houston Texans and the San Francisco 49ers.

Broncos-football-stadium
(Shutterstock)

Colorado Buffaloes

Your beloved Colorado Buffaloes will also open up their regular season this month, starting with a home game against the TCU Horned Frogs on September 2nd. The Buffaloes will make trips to Air Force and Minnesota before finishing up the month at home against UCLA on September 24th. It’s a bit of a daunting opening schedule for Colorado and head coach Karl Dorrell, who hopes for a better result after last year’s disappointing 4-8 season. 

Colorado Rockies

Over on the baseball diamond, the Colorado Rockies are playing for nothing but draft position at this point, as they enter the final stretch of the regular season with an overall record of 56-75. Colorado will play 26 games in the month of September before finishing its season with an additional five games in October.

Colorado Avalanche

With two titles under the state’s belt (University of Denver hockey and the Stanley Cup champion, Avalanche), the sports teams in Colorado are thriving – and that means there are plenty of opportunities to bet on your favorite teams!

Colorado online sportsbooks are ready to take your wagers on single games, futures, props, and more. Be sure to check out our sports betting page for a full breakdown of all the top bonus offers, full coverage of all the top online sportsbooks, including how to claim the bonuses, banking options, available betting markets, and lots more!

Other Colorado sports betting news

Let’s take a look at more exciting news in the world of Colorado online sports betting:

  • Denver Nuggets star Nikola Jokic opens at +1000 to win his third consecutive NBA MVP award.
  • Colorado Rockies play for better draft position as season winds down
  • bet365 joins the party in Colorado by launching on September 1st, 2022

It’s a great time to be a sports fan in Colorado, so be sure to check back often for all your up to date news on which companies will be next to launch, updated bonus offers, and everything else you need to know about online sports betting in Colorado.

Full list of legal CO online sportsbooks and apps

Online SportsbooksBonus OfferCasino PartnerOnline Launch
BetMGMGet BonusMidnight Rose Casino5/1/20
BetRiversGet BonusJP McGill's Hotel & Casino5/1/20
DraftKingsGet BonusBally's Black Hawk5/1/20
FanDuelGet BonusBally's Black Hawk5/1/20
FOX BetGet BonusLady Luck Casino Black Hawk5/19/20
BetfredGet BonusSaratoga Casino6/17/20
Caesars Sportsbook (formerly William Hill)Get BonusLady Luck and Isle of Capri Casino7/24/20
SuperBook USAGet BonusThe Lodge Casino at Black Hawk10/5/20
PointsBetGet BonusDouble Eagle Casino11/19/20
WynnBETGet BonusBronco Billy's Casino11/26/20
SI SportsbookGet BonusColorado Grande Casino9/7/21
bet365Get BonusCentury Casino9/1/22
BetMonarchMonarch Casino Resort Spa5/11/20
SBK/SmarketsBronco Billy's Casino6/4/20
Sky Ute SportsbookSky Ute Casino 6/9/20
Circa SportsbookCentury Casino7/1/20
BetWildwoodWildwood Casino-Cripple Creek7/15/20
Elite SportsbookRed Dolly Casino8/12/20
PlayUpBull Durham Casino3/8/21
Play MaverickGrand Z Casino3/16/21
Betway SportsbookFamous Bonanza Casino4/5/21
Bally Bet SportsbookBally's Black Hawk5/24/21
Barstool SportsbookAmeristar Resort Spa Black Hawk8/9/21
Tipico SportsbookCentury Casino8/18/21
MaximBetJohnny Nolan's Casino9/2/21
BetsafeDostal Alley Casino3/28/22

News Updates View all CO Sports Betting News

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Sports Betting in Colorado FAQ Answers to Common Questions and Concerns

HOW MANY SPORTSBOOKS ARE IN THE STATE? WHICH BRANDS DO I HAVE TO CHOOSE FROM?

Each one of Colorado’s 33 gambling properties is permitted to launch an online sportsbook under a different brand name. More than 25 have already done so. Some have partnered with a national operator (FanDuel, DraftKings). Others have created a sportsbook as part of their existing casino brand (Sky Ute Sportsbook, BetMonarch).

State leaders set up the regulatory framework to ensure an open, competitive marketplace. This structure allows for a wide assortment of options. Bettors can shop around for the most attractive lines, promotions and smoothest sportsbook app experiences.

WHICH BRANDS ARE THE MOST WELL-KNOWN AND TRUSTWORTHY?

Entrants into the Colorado market include heavy hitters such as DraftKings, FanDuel, Caesars Sportsbook, and PointsBet USA, which established its Western hub in Downtown Denver. Daily fantasy sports giants DraftKings and FanDuel have dominated market share in the New Jersey, Pennsylvania and Indiana. In addition, they have so far attained similar success in Colorado.

Additionally, Barstool Sportsbook, an offshoot of the provocative Barstool Sports website, has leveraged its familiar brand to quickly become a popular choice among younger bettors in Pennsylvania and Michigan.

As the market matures, Barstool will likely chip away at the substantial market share DraftKings and FanDuel have gained. As far as safety and trustworthiness are concerned, you need not worry — sports betting in CO is highly regulated. This means that your money is always safe.

WHAT TYPES OF SPORTS BETS CAN I MAKE?

All the most popular bet types are available, including spread bets, moneyline, game and player props, totals, parlays, teasers, futures, in-game wagers and more.

State regulations allow operators to take action on college sports events, as well as events on the international stage such as the World Cup and Olympic Games. Licensed sportsbooks are prohibited, however, from offering bets on high school sports events and video games that are not sanctioned by a sports governing body.

In addition, bettors are restricted from placing prop bets on individual college athletes.

CAN I PLAY FROM OUT OF STATE?

No. players must be physically within Colorado state lines in order to place bets for real money.

DO I HAVE TO BE A RESIDENT IN ORDER TO PLAY?

While persons under the age of 21 are prohibited from placing legal sports bets, out-of-state residents of age are eligible to wager on sports as long as they are physically in Colorado.

HOW WILL THE SITE KNOW THAT I'M IN COLORADO?

Colorado regulations require sportsbook operators to utilize a geofencing system in order to detect whether or not you are in the state. This is usually done by adding an extension to your internet browser or using the location detection capabilities on your smartphone.

IS IT POSSIBLE TO BET AT A KIOSK?

Yes, but all self-service betting kiosks must be located in approved designated sports betting wagering areas, according to Colorado regulations. This means that your local sports bar will not be allowed to offer kiosk betting, but you will be able to find kiosk betting options at many retail casinos.

ARE ONLINE CASINOS AND POKER SITES LEGAL NOW TOO?

No. Both online poker and online casino games remain illegal in Colorado.

WHO IS IN CHARGE OF REGULATING CO SPORTS BETTING?

The Limited Gaming Control Commission is tasked with overseeing sports betting activity in the state. In 2020, the commission approved a set of regulations crafted by the Colorado Department of Revenue’s Division of Gaming. They will assist in enforcing the rules.

HOW DOES CO'S TAX AND FEE STRUCTURE COMPARE TO OTHER STATES?

With a 10% tax rate on the net revenues of land-based and online sportsbooks, Colorado designed a tax structure that is fairly similar to other jurisdictions such as New Jersey and Indiana.

The structure is less favorable for operators in several other states, most notably Pennsylvania and Rhode Island. The state’s licensing fees are also a bargain compared to states such as Illinois. The state of Illinois assesses a $1 million renewal fee every four years.

Colorado Sports Betting Legislation More On CO's Sportsbook Bill

What’s in the law

Here are the main points of the law:

  • Who can play: Anyone 21 years and up who is physically inside the state;
  • Betting locations: Retail casinos and mobile and internet-connected devices (desktop browser and smartphone);
  • Who is responsible for regulation: Colorado Limited Gaming Control Commission (LGCC);
  • Operator tax rate: 10%;
  • Annual licensing fee: $125,000 upon license approval, plus an annual sports betting operations fee;
  • Where the taxes go: State water projects, funding for homelessness services, and gambling addiction treatment programs.

Why this law is good for Colorado sports bettors

Mobile betting apps

More than almost any state in the nation, bettors in Colorado will benefit immensely from mobile betting. State casinos are mostly located in remote mountain communities that can be difficult to reach.

Few bettors attempt to negotiate the steep, windy roads in the middle of a winter storm to get to Cripple Creek or Central City. The mobile component gives bettors the option of registering for accounts and betting from their homes when a trip to a casino can be a little treacherous.

Legal and regulated marketplace

Sports betting is completely legal in Colorado. The 49 pages of rules created by LGCC, the state’s sports betting regulator, spell out specific consumer protections that keep your deposits safe and secure and ensure all the wagers offered by the licensed sportsbook operators are legitimate and fair.

Easy banking options

Since sportsbook operators are regulated, the deposits they accept from you, the bettor, are secure. Your money is safe and available for withdrawal whenever you want it. Plus you have a variety of options at your disposal to fund your account. These include everything from credit cards to PayPal to bank transfers.

Additionally, if you are at the casino, you can go to the casino cage to cash out your winning bets.

Competitive market structure

With over two dozen online sportsbook operators in the state and more expected to arrive, Colorado has created a competitive marketplace that benefits recreational and sharp bettors alike. Sportsbooks in CO continue to offer the best bonuses and promotions anywhere in the country.

Whether you want the lowest vig, the best promotions, a loyalty program, or the widest selection of bets, chances are there is a sportsbook operating in Colorado that offers what you are looking for.

How Colorado sports betting was made possible

A bill legalizing sports betting moved through the Colorado Legislature expeditiously. It passed in the Senate in May 2019, less than a month after it was first introduced. Weeks later, Gov. Jared Polis signed the bill into law.

Despite Polis’ signature, state law required the measure to be put to a public referendum. Sports betting was not legal under the state’s criminal code at the time. Consequently, a referendum was required to amend it. In November 2019, the referendum, Proposition DD, passed by a narrow 51.4% to 48.6% margin.

After the rules and regulations were drafted and adopted by LGCC, sports betting kicked off in the state on May 1, 2020. Four well-known sports wagering operators launched on Day 1, and more have since followed. Colorado now has one of the largest online sports betting markeplaces in the country.