Colorado Sports Betting: Best CO Sportsbooks in April 2025

21+ and present in CO. Gambling Problem? Call 1-800-522-4700.

Yes, sports betting is legal in Colorado. In May 2019, Governor Jared Polis signed House Bill 19-1327 into law, officially legitimizing the practice. Then, on May 1, 2020, the first online sportsbooks — including DraftKings, FanDuel, BetMGM, and BetRivers — went live. Retail sports wagering launched shortly after, arriving on June 18, 2020.

Now, Centennial State bettors have access to 14 of the best sportsbooks in the country. Each of these operators is licensed and regulated by the Colorado Limited Gaming Control Commission.

Colorado sportsbook regulation allows up to 30 brands to claim a license, and so far, 14 sports betting operators have set up shop within the state. With so many options available, deciding where to put your money can be tricky. That’s why we've parsed through the entire list of Colorado sportsbooks and laid out our top five below.

21+ in CO. Gambling Problem? Call 1-800-GAMBLER.

DraftKings Sportsbook Colorado

Our pick for the best Colorado sportsbook, DraftKings has come a long way from its roots in daily fantasy sports (DFS). The now-industry powerhouse offers 25+ sports to bet on, including major leagues like the NBA and NFL, as well as international events such as the English Premier League and Champions League. Plus, its extensive live betting section enhances the wagering experience — even more so on mobile since DK owns one of the top sports betting apps around.

Payment methods are flexible, and the minimum deposit is just $5, including with e-wallets like Skrill and PayPal. If you use these options, you can receive withdrawals within 12 hours of requesting to cash out winnings. And on the theme of flexibility, you can garner a bet $5, get $200 welcome offer that comes as eight $25 bonus bets, allowing you to test out the sportsbook's different markets immediately. You don't need a DraftKings promo code, either.

To learn more about the best online sportsbook Colorado has to offer, dig into our thorough DraftKings review.

FanDuel Sportsbook Colorado

Much like its rival DraftKings — the FanDuel vs DraftKings debate is never-ending — FanDuel has been one of the best Colorado sportsbooks since it launched in the state four years ago. It possesses a straightforward banking system, quality customer support, and generous bonuses. For example, new users can snag a bet $5, win $250 in bonus bets reward without the need for a FanDuel promo code.

FanDuel is perhaps most well known for its reasonable prices and substantial market depth, particularly for the major leagues. Whether it is NFL, NBA, NHL, or international sports like soccer or tennis, FanDuel has every market you need, including moneylines, totals, point spreads, same-game parlays, and in-play markets.

For more on the iconic Colorado sports betting site, read our FanDuel review.

bet365 Sportsbook Colorado

When it comes to global presence, no Colorado betting apps are as prodigious as bet365. The British operator flashes its experience throughout its product — nowhere more obviously than its leading live betting and streaming section. In fact, it offers more in-play betting markets and a more expansive live-streaming schedule than any other sportsbook active in the U.S.

You'll unlock an enticing welcome offer when you input bet365 bonus code ODDS365 during sign-up. The deal is a bet $5, get $150 in bonus bets reward. This offer is valid only to those who register on the mobile app. Terms and conditions apply.

To uncover more about the Colorado sportsbook, scan through our complete bet365 review.

BetMGM Sportsbook Colorado

One of the most recognizable brands in the gaming space, online sports betting in Colorado wouldn't be complete without BetMGM. Arguably, the sportsbook's greatest strength is its range of sports, with more than 30 options available, each with excellent market depth. You can find thousands of betting lines each week, including one of the best in-play market selections around.

BetMGM's bonuses and promotions are also worth highlighting since the CO sportsbook delivers a top-tier loyalty program, excellent sportsbook referral bonus, and lucrative new-player deal. First-timers can snag a Bet $10, Get $150 if you win offer so long as they utilize BetMGM bonus code ODDSBONUS during registration.

To glean more about the Colorado sports betting site, rifle through our detailed BetMGM review.

Caesars Sportsbook Colorado

Bearing the name of one of the most famous casinos in Las Vegas, Caesars Sportsbook provides a modern and fresh betting experience. You can wager on 25+ sports, partake in the industry-leading Caesars Rewards program, and capitalize on one of the best welcome bonuses around — a Bet $1, get 10x 100% profit boosts deal via Caesars Sportsbook promo code OPBONUSDYW.

Caesars was the first to offer NFL live streaming directly on its sportsbook, and it has excellent in-play markets to match the streams. It also has consistently competitive odds for the big four sports leagues — especially the NBA and NFL.

Discover all there is to know about the Colorado sports betting site by checking out our exhaustive Caesars review.

With 14 existing Colorado online sportsbooks and licenses for up to 30, the Centennial State is one of the U.S.’s most competitive sports betting markets. That means betting brands will do whatever it takes to stand out, including offering high-quality bonuses and promotions for both new and existing customers.

Below, you'll find all the best Colorado sportsbook promos available, along with their respective promo codes. We'll then go into further detail on our five favorites.

🔥 DraftKings Colorado promo — When you register with DraftKings Sportsbook Colorado, you can nab a bet $5, get $200 in bonus bets reward. The promotion will arrive in your account as eight $25 bonus bets, which must be used within seven days. You can also get a deposit bonus worth as much as $1,000.

🔥 FanDuel Colorado promo — One of the best Colorado sports betting sites also features one of the best welcome bonuses. By depositing $5+ and wagering just $5, you can earn $250 in bonus bets if you win. This is one of the most straightforward sportsbook promos in the state. Keep in mind that your bonus bets will expire if not used within seven days.

🔥 bet365 Colorado promo — When you register with bet365 Sportsbook Colorado for the first time, you can get bonus bets worth $150 when you make an initial bet of $5. You must deposit $10 and use bonus code ODDS365. This offer is valid only to those who register on the mobile app. Terms and conditions apply.

🔥 BetMGM Colorado promo — A solid deal is what BetMGM Sportsbook Colorado brings to the table. By signing up with bonus code ODDSBONUS, you can make an initial deposit of $10 and wager on any market. Should it win, you'll get $150 back in bonus bets.

🔥 Caesars Sportsbook Colorado promo — Caesars Sportsbook Colorado ensures you'll receive a reward. After entering promo code OPBONUSDYW, customers can make an initial deposit, then place a qualifying wager on any sports market they wish. That will unlock 10 100% profit boost tokens, giving you a chance to double your winnings.

Aside from the five Colorado sportsbooks we've already detailed, there are lots of other options Centennial State bettors can select from. You don't have to be a CO resident to get started, either — so long as you're within the borders of the state and 21 years or older, you are eligible to sign up and begin betting.

Take a look at the table below for a comprehensive list of Colorado sportsbooks: 

Colorado online and mobile sportsbooks

Retail Colorado sportsbooks

Just two years after the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in 2018, Colorado officially ushered in legal sports betting. Below is a timeline detailing key events and the current state of affairs:

April 22, 2025: Lawmakers introduce a bill that could alter the state's tax framework. House Bill 1311 (HB1311) attempts to eliminate a current tax exemption being offered to sportsbooks on free bets.

April 2, 2025: Colorado's overall sports betting handle dips slightly below $500 million in February.

March 11, 2025: Colorado's sports betting revenue soars to $45.4 million in January.

Feb. 27, 2025: Colorado sports betting generates $29.8 million in revenue and $648.4 million in handle in December. 

Jan. 31, 2025: The Colorado Department of Revenue reports there was a 49.4 percent decline in monthly revenue.

Dec. 3, 2024: Colorado Buffaloes dual-threat WR/CB Travis Hunter wins the Heisman Trophy, which results in good payouts to bettors.

Nov. 27, 2024: Colorado's October sports betting revenue drops 16% YoY.

Oct. 30, 2024: Colorado's September handle rises nearly 10% YoY.

Sept. 30, 2024: bet365 opens its new U.S. headquarters in Denver.

Sept. 18, 2024: SI Sportsbook becomes the latest sports betting site to pull out of Colorado.

Sept. 16, 2024: ClutchBet exits the U.S. market.

Sept. 6, 2024: Betsafe exits the Colorado market, with customer accounts closing on Sept. 30.

Sept. 4, 2024: Colorado sportsbooks generated $32.5 million in revenue for July despite a $30 million drop in betting handle.

July 29, 2024: Colorado enjoys a 206% year-over-year revenue increase for the month of June.

July 22, 2024: SuperBook shutters its online operations in eight states, including Colorado.

June 25, 2024: Offshore sportsbook Bovada shuts down operations in Michigan and Colorado after receiving cease-and-desist orders from local lawmakers.

June 24, 2024: Colorado's Southern Ute and Ute Mountain tribes say they want to add online sports betting to their casinos. However, lawmakers are resistant, worrying that such a move could take away revenue currently dedicated to state water projects.

March 3, 2023: Rep. Cleave Simpson and Sen. Dylan Roberts file SB 177, which would dedicate $10.6 million in sports betting revenue to local water projects. 

March 17, 2022: The Colorado Limited Gaming Control Commission approves a change to the state’s sports betting rules, allowing for fixed-odds wagering on horse and greyhound racing.

May 1, 2020: Online and retail Colorado sportsbooks launch. FanDuel, DraftKings, BetMGM, and BetRivers all go live.

Nov. 7, 2019: Colorado voters approve Proposition DD, or the Legalize Sports Betting with Tax Revenue for Water Projects measure, by a margin of 20,000 votes.

May 29, 2019: Governor Jared Polis signs HB 1327, sending the issue to the Colorado voters to approve.

Plenty of factors go into finding the best Colorado sportsbooks, and you need to consider multiple criteria when picking an operator. With decades of experience, we know what to look for and expect from a top betting brand. Here are some of the key elements we analyze closely before recommending a sportsbook: 

Licensing and security

The first thing you need to do is check if the sportsbook is secure, fair, and regulated. We only recommend books licensed by the Colorado Limited Gaming Control Commission. We also demand robust security measures like SSL encryption and KYC checks.

Market coverage

A top U.S. betting site will offer wagers on major sports and more niche events. Big North American leagues — NFL, NBA, NHL, and MLB — are required alongside leading global sports like NASCAR, soccer, golf, and Formula 1. We expect sportsbooks to provide markets for more than 20 sports, each with loads of events and hundreds of betting markets to choose from.

Odds

Sports betting is about having fun, and quality odds give you the best chance of nailing a wager. Some sportsbooks will even offer frequent odds boosts to make their lines more competitive. Ensure you check out our guide on the best betting odds so that you can compare prices across sportsbooks.

Bonuses

Whether you are signing up for the first time or logging back in as a loyal bettor, Colorado sportsbooks have promos to reward you. Bonuses can help boost your betting budget, provide you with a safety net, or increase your profits on specific events. Of course, promotions with lighter terms and conditions will rank higher for us.

Payment methods

Most sports bettors value being able to deposit and withdraw money efficiently. We always look for a lengthy list of available payment methods, such as Visa, Mastercard, PayPal, and Apple Pay. By depositing funds and cashing out winnings, we accurately assess how long withdrawals will take. Usually, it’s within 1-3 business days, but some sportsbooks operate instantaneously.

Live betting experience

In-play betting allows you to wager on a game as it unfolds. Live betting quality varies across Colorado online sports betting sites, and our job is to tell you about the top options. We consider the number of live betting markets as well as connected features such as live streaming and cash out.

Mobile betting

Bettors in Colorado are increasingly wagering via their phones and tablets, so sportsbooks must support mobile betting. That means not only having a dedicated betting app but also ensuring that the site runs seamlessly on mobile browsers. No matter what, we expect the mobile UI to be easy to use and all bets, bonuses, and payments to be accessible.

Customer support

We contact customer support to check availability, connection times, and helpfulness. Live chat is a must nowadays, and 24/7 chat is the best-case scenario. It is important that the support agents are polite and can actually help you with any problem you may have.

Registering with the best Colorado sports betting sites is simple. Even so, there are essential steps you need to pass, including specific "Know Your Customer" (KYC) checks. Follow the process below to set up your account with one or more Colorado sportsbooks:

1. Choose a Colorado sportsbook 

Choose the brand that suits your betting needs, and follow the links in this guide to head straight to the site. When you arrive on the sportsbook homepage, click the “Register” button, usually found in the top right of the screen. 

2. Create your account

Most sportsbooks require you to provide your name, address, email, phone number, and birth date. You must also enter the last four digits of your Social Security Number.

3. Verify your identity

Before you can access the full features of a sportsbook, such as withdrawals, you will need to verify your account. Sportsbooks protect your personal data with firewalls and other security measures so you can share your private information safely. You can verify your account by providing proof of ID, an address, and a payment method. 

4. Deposit funds

To start betting on sports, you need to deposit money. Click the “Deposit” button in your betting profile and choose your preferred payment method. Enter how much you want to deposit. Remember, if you are claiming a welcome bonus, ensure you use a provider eligible for that promotion and meet any minimum deposit requirements.

5. Make your first wager

Navigate to the sportsbook homepage to see what events are available for betting. Most CO betting sites list all sports on the left and popular events in the center. Browse sports and choose an event. Select a specific market, and it will appear on your bet slip. Choose the wager amount and confirm your potential profit to complete the bet. 

Our dedicated gambling experts here at Oddspedia have decades of combined experience in the sports betting industry. They know exactly what to look for when assessing Colorado sports betting sites, including generous odds, plenty of markets, attractive bonuses, secure payment methods, and more. We only list the best sites that excel in all of these areas in this guide, ensuring you will only find the best of the best.

There is no shortage of excellent Colorado sportsbooks, with 14 betting sites available in the Centennial State. We thoroughly recommend signing up with more than one sportsbook to enjoy the benefits outlined below.

Get the best odds

Finding universally great odds at a single sportsbook is unlikely. Usually, a betting site will offer quality value for some sports, while another brand will have better odds for others. You can compare prices without multiple sign-ups, but by having more than one sportsbook account, you can easily switch between them to pinpoint the best lines.

Claim multiple bonuses

Signing up with numerous sportsbooks allows you to access more bonuses and promotions. Each new site you join will provide a new welcome bonus. Additionally, existing customers have access to a regular slate of promos.

Find niche markets

Colorado online sports betting sites have different options regarding what sports you can bet on and which markets are open. For example, one operator may offer handball, and another may not. One may provide a type of bet for NFL games that another sportsbook does not. Having multiple accounts gives you more betting coverage. 

Sportsbooks in Colorado have a range of bet types that you’ll find available across all the top operators in the U.S. Below, we’ve provided an overview of some of the most popular options.

Moneyline 

A moneyline wager allows you to choose the outright winner of a sports event. It is the most common type of sports bet. 

Totals

Totals — also called Over/Unders — is a bet on the combined final score of a sporting event from all participants, with you betting on whether this final amount is Over or Under an amount set by the sportsbook. 

Spreads 

With a point spread bet, you’re betting on the margin of victory or defeat. For example, if you’re backing the favorite, you’re betting on how many points it will win by. On the other hand, if you bet on the underdog, you’re betting on the less favored option to keep the score within a certain margin, even if that team or player loses. 

Futures 

As the name suggests, this bet type allows you to wager on significant sports events and awards in the future, such as players to win MVP awards. Betting earlier will give you more generous odds.

Player props

You can bet on the individual actions of a player, which will come through regardless of the event’s final result. For example, you can bet on an NFL player to record a certain number of rushing yards or sacks in a game.

Team props

Similar to a player prop, team props require you to bet on clubs achieving a specific statistic, such as making a threshold of three-pointers in basketball.

Parlays

A parlay is when you combine multiple wagers into a single bet. If a single bet in your parlay fails, the whole wager loses. However, this increased risk means parlays have greater odds than betting on each market individually. You can also create same-game parlays by adding multiple bets from the same event into your bet slip. 

Colorado sports betting laws outlined in HB 1327 dictate that anyone located in the state who is 21 or over can bet on approved sports. Here are a few things to consider before making your first wager:

🔞 Legal betting age — You must be 21 years or older to legally bet on sports in Colorado.

🌎 Bet within state borders — You do not have to be a Colorado resident to bet on sports in the state. However, you must be within the region's borders.

📱 Mobile and online betting — Colorado bettors can wager on sports from anywhere within state lines via dedicated apps. Currently, the state offers 14 options.

🏢 Retail sportsbooks — If you're looking to wager in-person, Colorado offers 11 locations to do so. 

Colorado allows you to wager on a wide range of sports, and top betting sites will typically deliver particularly strong NFL odds, NBA odds, NHL odds, and MLB odds. College sports betting is also available, including for in-state teams. However, you can't place any player prop bets on these events.

Most Colorado sportsbooks will offer markets for more than 20 different sports — here are some of the ones you can expect to see:

• Baseball
• Basketball
• Boxing
• Cricket
• Cycling
• Darts
• Football
• Golf
• Hockey
• Lacrosse
• MMA
• Motorsports
• Rugby
• Snooker
• Soccer
• Table tennis
• Tennis

Can you bet on the NFL Draft in Colorado?

Yes, Colorado sportsbooks accept wagers on the NFL Draft. 

Colorado has a team in each major sports league, and these franchises have brought plenty of success to the Centennial State. Below, we’ve listed some of the local options that bettors can back.

Denver Nuggets 🏀

Originally formed in the ABA in 1967, the Denver Nuggets joined the NBA in 1976. The franchise won its first championship in 2023. For more on which sportsbooks make up the best NBA betting sites, dig into our complete guide.

Denver Broncos 🏈

Since making its debut in the NFL in 1970, the Denver Broncos have become a three-time Super Bowl winner, taking the championship in 1998, 1999, and 2016. Ensure you check out our guide on the top football betting sites if you plan to wager on the NFL.

Colorado Avalanche 🏒

The franchise joined the NHL as the Quebec Nordiques in 1979 and moved to Colorado in 1995. This marked the start of its success, as it won the Stanley Cup in 1995-96, 2000-01, and 2021-22. Take a look at our top NHL betting sites guide for even more information.

Colorado Rockies ⚾

The Rockies compete in Major League Baseball as a member club of the National League West Division. The team plays its home baseball games at Coors Field, which is located in the Lower Downtown area of Denver. Sift through our list of the best MLB betting sites if you expect to be wagering on dingers.

Colorado sports betting events this weekend

While many betting markets are open at Colorado sportsbooks — the Centennial State has few restrictions — there are some bets you cannot make. Here's what isn't available:

🗳️ Politics — Wagering on politics is outlawed at the federal level.

🏆 Award ceremonies and entertainment — Popular entertainment award shows, such as the Oscars, are off limits for wagering in Colorado.

⛹️ College player props — Despite Colorado having few betting restrictions and allowing for wagering on in-state college teams, you cannot bet on individual player props.

When engaging in Colorado sports betting online, betting responsibly and only playing with funds you can afford to lose is crucial. To help you stay safe when wagering, we’ve provided links to some of the most important regulators and resources in CO:

• Colorado Limited Gaming Control Commission and Colorado Division of Gaming — State sports betting regulator
• Colorado General Assembly — Legislative branch for approving laws
• Colorado Gaming Association — Manages services in the prevention and treatment of problem gambling
• Sports Betting Catalog — A repository that groups all bets authorized by the Colorado Limited Gaming Control Commission
• Division of Gaming — Betting rules for Colorado sportsbooks
• National gambling hotline — 1-800-GAMBLER

The online sports betting landscape continues to transform across the U.S., with most states now offering sportsbooks. However, there are always new states on the horizon looking to create online betting legislation. Several regions are rumored to be readying laws that could bring betting sites to residents, such as:

• Alabama
• California
• Oklahoma

Missouri's sports betting ballot was approved by voters during the 2024 U.S. Election. The state is expected to launch the legal market in 2025.

If you're looking for the best betting apps for your specific region, check out the following links:

Sportsbook bonuses vary from location to location. A specific sportsbook might even switch up its promotions depending on what state you're in. Here's a breakdown of all the best deals by locale.