Colorado Sportsbook Promos: Online Betting Sites and Codes July 2024

by Matt Schmitto (schmitto) Last Updated 2024-07-16T20:57:43

Legalized sports betting came to Colorado at the beginning of the COVID-19 pandemic, a time when it seemed that residents needed a new form of entertainment more than ever before. Years later, online sportsbooks continue to draw in users looking to wager on their favorite local sports teams from the Broncos and Rockies to the Nuggets.

If you’re in the Centennial State and want to partake, check out this guide on the best Colorado sportsbook promos. We share how to claim the top bonuses so you can get the most value possible.

Top Colorado Sportsbook Promo Codes

Colorado sportsbook promo codes are available for the listed offers, so be sure to take advantage of these best Colorado sportsbook promos and bonuses.

Best Colorado Sports Betting Sites and Promos

Check out some of the best Colorado sportsbook promos and their respective sites below. We picked them based on not only the value of their bonuses but also their reputation among users, ease of use, variety of bet options, and how competitive their odds are.

Fanatics Sportsbook Colorado

Early December 2023 saw the rollout of Fanatics Sportsbook Colorado when it replaced PointsBet in the state. It’s one of the best Colorado sports betting apps on the market, and it better be since the operator can focus on its mobile experience due to the lack of a desktop site. It holds its operating license through a partnership with the Double Eagle Hotel & Casino.

Aside from highlights like a lucrative FanCash rewards system and NFL live streaming, the operator has a generous welcome offer. No Fanatics Sportsbook Colorado promo code is needed to claim the signup bonus of Bet and Get up to $1,000 in Bonus Bets! Just register for a new account using our link to claim your bonus bets today.

BetMGM Sportsbook Colorado

BetMGM Sportsbook was one of the first Colorado sportsbooks to hit the market in May 2020. Its license partnership with the Midnight Rose Hotel and Casino and the meshing of MGM and GVC Holdings to form ROAR Digital made the launch possible.

These Colorado betting bonuses are available to new users who sign up with the following BetMGM promo codes:

• RG1600: Exclusive Offer: Get a 20% Deposit Match up to $1,600 in Sports Bonus!
• GRINDERS: Get up to $1,500 Back in Bonus Bets if Your First Bet Doesn’t Win!

FanDuel Sportsbook Colorado

FanDuel Sportsbook Colorado helped pave the way when the Colorado sports betting market launched in May 2020. Its casino license partner is Bally’s Black Hawk West Casino, allowing FanDuel to legally offer services to Colorado sports bettors.

You don’t need a Colorado sportsbook promo code to claim the FanDuel welcome offer—just sign up via our link to Bet $5 Get $150 in Bonus Bets if Your Bet Wins + Boost/Bonus Every Day! You only get the bonus bets if your first wager is successful, but it’s still a solid offer for those who want a leg up.

bet365 Sportsbook Colorado

Colorado welcomed bet365 Sportsbook in September 2022. Locally, it has a license partnership with Century Casinos but is one of the largest sportsbooks in the world.

Register with the bet365 promo code GRINDERS to choose between two of the best Colorado betting bonuses in the industry:

• Get a First Bet Safety Net up to $1,000 in Bonus Bets!
• Bet $5+, Get $150 in Bonus Bets!

DraftKings Sportsbook Colorado

Though Colorado residents previously had DraftKings DFS to keep them busy, they embraced the rollout of the operator’s sportsbook in May 2020 as another way to enjoy the brand’s offerings.

DraftKings Sportsbook Colorado has a license partnership with Bally’s Black Hawk North Casino and is offering the following welcome offer, no DraftKings Sportsbook promo code needed: Bet $5, Get $150 in Bonus Bets – Instantly! All you have to do to get your bonus bets is create a new account using our link and place a qualifying wager.

Caesars Sportsbook Colorado

With several retail locations in Colorado, Caesars Sportsbook is also available as one of the state’s best online sports betting sites. The online platform has a license partnership with its retail location at Horseshoe Black Hawk Casino.

Use the Caesars Sportsbook promo code RGBAM1000 to Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn’t Win, which is among the highest-value online sports betting bonuses you’ll find. It’s sort of a first-bet safety net, meaning you can make your initial qualifying bet with more confidence.

Other Online Sports Betting Sites in Colorado

If you want bonus bets upon signup, go with one of the Colorado sports betting bonuses above.

That said, those aren’t the only operators in the game—check out the other Colorado online sportsbooks in the table below. We might not have sports betting promo codes available for them at the moment, but check back as Colorado sports betting promos are constantly evolving.

How to Claim a Colorado Sports Betting Bonus

Here’s how to claim a Colorado sports betting promo. Remember that you can claim multiple Colorado sports betting bonuses as long as you only claim one welcome bonus per sportsbook:

1. Use the links on this page to navigate to your desired sportsbook offer.
2. Create an account by entering your personal details.
3. If a promo code is required to claim the offer, enter it during the registration process when prompted.
4. Meet the terms and conditions of the offer (place a qualifying bet or deposit, etc.).
5. Use your bonus bets according to their terms.

Terms and Conditions of Colorado Sportsbook Promos

Colorado sportsbook promos aren’t a free-for-all—if you want to reap their rewards, you must abide by their terms and conditions.

Here’s an overview of the stipulations that might be tied to the sports betting promotions you claim:

• Qualifying Bet: A welcome bonus such as a bet-and-get offer requires users to place a qualifying bet, usually of a certain amount. For instance, a bet $5, get $150 in bonus bets offer won’t dish out your bonus bets until you place your $5 initial wager.
• Minimum Odds: To protect its bottom line, a sportsbook might require you to use your bonus bets on wagers with certain odds.
• Wagering Requirements: Sportsbooks require users to playthrough their bonus bets at least once before they can take out any winnings. The lower the wagering requirements are, the more favorable the welcome bonus is.
• Expiration Date: Bonus bets expire, so use them before you lose them. Bonus bet credits often expire seven days after receipt, but timelines vary.

Types of Colorado Sportsbook Promos

Sports betting promotions at Colorado sportsbooks come in all shapes and sizes—check out some of the most common here:

• Deposit match bonuses: Deposit up to a certain amount, and the sportsbook will match a percentage of it (often 100%).
• Bet-and-get offers: Bet a specified amount and get bonus bets, guaranteed. The sportsbook may require your initial wager to have a certain outcome for you to get your bonus bets.
• First-bet insurance: If your initial wager loses, you’ll get your stake back in bonus bets to give it another go.
• Referral bonuses: Share your referral link with friends. If they make a qualifying action such as registering and depositing, you and your friend get a reward such as bonus bets.

Colorado Retail Sportsbooks

Legal online sportsbooks in Colorado are the way to go for many bettors because of their convenience. But, if the live dealer options aren’t enough and you want an in-person experience, consider visiting a retail location.

Like their online counterparts, brick-and-mortar sportsbooks launched in Colorado near the start of the COVID-19 pandemic. Proposition DD, the important measure that passed in November 2019, laid the groundwork legislation for both types of sports betting.

Here’s a look at the in-person Colorado sportsbooks you can visit:

Quick Facts on Sports Betting in Colorado

Here are some quick facts on sports betting in Colorado:

Age

You must be at least 21 years old to engage in sports betting in the state of Colorado. This requirement applies to online wagers and bets placed at retail sportsbooks. Colorado is in line with most of the country in this aspect, as 21+ is a common limit for sports betting.

Location

To place a bet on sports with a Colorado online sports betting site, you must be physically located within the state. Online sportsbooks implement geo-location software into their platforms to verify that this requirement is met, so be sure to consent to the usage of this software during registration.

You do not have to be a resident of Colorado—you just have to be physically present within the state’s borders at the time you place a wager. You can sign up for an account and even make a deposit without being in the state.

Registration

Registration varies per site but generally follows the same procedures. After downloading the sports betting app or going to the sportsbook site, you can create an account. Enter personal information such as name, email address, mailing address, phone number, and the last four digits of your social security number for identity verification and taxes.

Banking Options

Once the registration process is complete, users will have the option to fund their account. Rest assured, all available methods are safe and secure. Banking options vary by site, but the most popular choices include:

• Visa/Mastercard
• PayPal
• ACH/eCheck
• Online bank transfer
• Paper Check
• Cash at the casino cage
• Site-specific prepaid debit cards

Betting Options in Colorado: We’ve Struck Gold

Online sports betting officially began in Colorado on May 1, 2020. Four sites went live out of the gate, but several others have joined the fold since then. Each retail casino in the state is eligible to host one online sports betting skin. Some gaming companies own more than one property, which is why you’ll see Bally’s Black Hawk North Casino as the license partner for DraftKings and Bally’s Black Hawk West Casino as the license partner for FanDuel.

In April 2020, Colorado announced its sports betting catalog, which includes an incredible 48 different sports and events. To engage with those 48 sports, there are more than 1,000 specific bet types. NCAA prop bets remain off-limits.

On top of standard American sports, Colorado bettors can wager on eSports, Gaelic Games, floorball, handball, snooker, darts, beach volleyball, badminton, water polo, and more. Winter sports including those at the Olympics and the X-Games are also on the betting sheet.

Additionally, there are various sports betting promos available for these different betting options, including welcome offers, ongoing promotions, and specific sport-related promos for the NFL, NBA, NHL, and MLB.

The Gold Rush of Colorado Online Sports Betting

Colorado’s history with gambling is rooted in the Gold Rush, where unregulated casinos sprung from the boulders and were stocked with suspicious characters who targeted prospectors and the gold they brought out from the hills. It was from these camps that many of Colorado’s cities were born.

One such town was Leadville, Colorado. Founded by mine owners, Leadville had over 150 gambling establishments and was home to famed gamblers such as Poker Alice, Bat Masterson, and Doc Holliday. Gambling was so prevalent it was considered by many to be a profession as revered as clergyman or doctor.

One of the most notable establishments was Brown’s Saloon in the early 1800s. Technically in Wyoming but along the border with Colorado and Utah serving as a watering hole—the first actually—Brown’s Saloon doled out “firewater” (whiskey and brewed beer at room temperature). It also was a gambling parlor where fur trappers would wager their small fortunes playing poker and faro, a late 17th-century French card game.

It would be 169 years from that meager start that a more lawful gambling landscape would emerge, making the way for nearly 40 casinos operating in Colorado.

Colorado’s Gambling Timeline

Check out Colorado’s gambling timeline below:

• 1983: The Colorado Lottery is established with its first scratch cards. Its first drawing was on April 23, 1983.
• 1991: There was a long gap between illegal establishments to legally sanctioned casinos. In three locations, Black Hawk, Cripple Creek, and Central City, small-stakes casinos were OK’d to open. The maximum stakes were $5 on slots, poker, and blackjack. A curfew of 2 a.m. also was imposed. Almost simultaneously, in the southern portion of the state, two Ute tribes opened casinos using the state guidelines.
• 1995: Both the Mountain Ute and Southern Ute tribes entered into compact with the state of Colorado to conduct casino-style gaming on reservation land. They added Keno.
• 1999: The Bingo-Raffle Advisory Board, which licenses charity games, is created. Charity games include “Las Vegas” or “Monte Carlo” charity casino events as well as bingo and raffles and are only open to non-profit organizations to raise funds for their causes.
• 2001: Powerball became available as part of the Colorado Lottery.
• 2008: Amendment 50 allows residents of the three licensed casino towns to vote on extending the facilities’ operations to around the clock (beyond the 2 a.m. curfew). Table limits also increased to $100 and revenues were pledged to Colorado’s community colleges. Craps and roulette are added to the list of available games.
• 2009: Mega Millions was approved as part of the Colorado Lottery.
• 2018: The U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act, which was followed shortly by the legalization of online sports betting in New Jersey. Since then, either through grandfathered laws or newly approved legislation, over two dozen states and Washington, D.C. have implemented or are poised to begin some form of legalized sports betting.
• 2019: On November 5th, Colorado voted in favor of Proposition DD. The Legalize Sports Betting with Tax Revenue for Water Projects Measure passed by a narrow margin of less than 3%. With more than 1.5 million votes cast, less than 50,000 votes separated the two sides. Revenue from the 10% tax on sports betting will be used to create and fund the Water Plan Implementation Cash Fund within the state.
• 2020: Legal sports betting officially launched in Colorado on May 1.

DFS in Colorado

Before Coloradans had access to legal sports betting, many turned to DFS to scratch their itch. Fantasy sports are regulated differently but still allow fans to get in on the action through season-long or even daily contests.

Like sportsbooks, DFS sites often run promos to welcome new users with open arms. For instance, you can use Sleeper promo code GRINDERS to Get a 100% Deposit Match up to $100!

Other enticing DFS signup bonuses in Colorado include:

Social Sports Betting in Colorado

Think DFS and traditional sports betting aren’t quite for you? We might be able to interest you in social sports betting sites. On these platforms, users wager virtual currency and have a chance to win real money prizes without investing a dime. They’re also a super engaging way to stay involved as you can easily compete against friends.

Here are some social sportsbook promos to sign up for if you’re in Colorado:

Responsible Gambling in Colorado

Even though Colorado sports betting promos let you wager with bonus bets, real money is still involved and you may be at risk for problem gambling. It’s important to develop good habits from the start so that gambling can be a fun, safe hobby. Be sure to set limits for yourself and leverage tools like deposit and time limits through legal online sportsbooks.

If things take a turn for the worse, reach out to responsible gambling organizations such as:

• National Council on Problem Gambling: Call 1-800-GAMBLER
• The Problem Gambling Coalition of Colorado: 303-662-0772
• Gamblers Anonymous: 1-855-2-CALLGA

Colorado Sports Betting Promos FAQs

Have more questions about Colorado sports betting promos? Check out these FAQs:

How do you get bonus bets from Colorado sportsbooks?

Sports bettors can score bonus bets from Colorado sportsbooks by using our affiliate links or entering promo codes. In some cases, simply opting in is enough to claim bonus bet offers. Be sure to read the promo’s terms and conditions for more details.

What are the best Colorado sportsbook promos?

One of the best Colorado sportsbook promos is at Fanatics Sportsbook. As long as you sign up via our link, no promo code is needed to Bet and Get up to $1,000 in Bonus Bets!

How many Colorado sports betting promos can you claim?

There’s no limit on how many Colorado sportsbook promos you can claim as long as you claim them at different sportsbooks. Generally speaking, you get one welcome bonus per sportsbook as you must create a new account to score the bonus bets.

How old do you have to be to use Colorado online sportsbooks?

You must be 21+ to register for and use Colorado online sportsbooks.

Are Colorado sportsbook promos legal?

Bonus bets might seem too good to be true, but yes, Colorado sportsbook promos are legal. Licensed online sportsbooks are free to use promos to attract new customers and engage existing users. Only eligible players (those who are 21+ and physically present in Colorado) are eligible to claim Colorado sportsbook promos.