Colorado Fantasy Sports & Sportsbook Promo Codes December 2024

See below for details on how to claim your Colorado fantasy sports and/or sports betting bonus.

1) Is Sports Betting Legal in Colorado?

As of May 1, 2020, sports betting is legal and active in the state of Colorado. The state offers over 20 online operators and over 10 retail operators for you to bet with. 

2) Is Online Sports Betting Legal in Colorado?

Yes, online sports betting is legal in Colorado. In fact, they lean heavily into the online betting market. 23 online sports betting operators have made their services legal in Colorado. Under this online sports betting plan, you would need to be within the borders of Colorado, but you would not need to be a Colorado resident to use the various sportsbook apps.

Below is a list of the online sports betting operators that are legal and active in Colorado:

• Bally Bet
• Barstool Sports
• Bet Monarch 
• Bet365 
• Betfred Sports Colorado
• BETMGM 
• BETRIVERS 
• Betsafe 
• Betway 
• Caesars
• Circa Sports
• DraftKings
• Elite Sportsbook
• FanDuel
• FoxBet 
• Maverick
• PlayUp
• PointsBet
• SI Sportsbook 
• Smarkets
• Superbook
• Tipico 
• WynnBet 

3) What Promo Codes / Deposit Bonuses are available for me and How Can I Use Them?

Bet $1 and Get $200 in Bet Credits

Bet $1 and Get $200 in Bet Credits Bet $1 and Get $200 in Bet Credits      Bet $1 and Get $200 in Bet Credits Bet $1 and Get $200 in Bet Credits

BetRivers Sportsbook

• Get a 2nd Chance Bet up to $500

Bet365 Sportsbook

• Bet $1 and Get $200 in Bet Credits
  Bet $1 and Get $200 in Bet Creditshttps://www.bet365.com/olp/open-account?affiliate=365_01331221Bet $1 and Get $200 in Bet Credits

BetMGM Sportsbook

• Get Paid Back up to $1,000 if your first bet loses + One FREE Month of Stokastic+ Platinum
  • Use Promo Code: PLATINUMSUB

FanDuel Sportsbook

• Bet $5+ and Get $150 in Bonus Bets Guaranteed!

Caesars Sportsbook

• Your First Bet is on Caesars up to $1,250 plus 1,000 Reward Credits and 1,000 Tier Credits.​

DraftKings Sportsbook

• Bet $5 and Get $150 if your team wins!

FoxBet Sportsbook

• $50 First-Bet Insurance

PointsBet Sportsbook

• 5X Second-Chance Bets up to $50 Each

WynnBet Sportsbook

• Bet $100 and Get $100 in Bet Credits

4) What Sportsbooks and Online Sports Betting Apps are available in Colorado?

BETMGM

• Master: Midnight Rose Hotel and Casino

BETRIVERS

• Master: J.P. McGill's Hotel and Casino

Caesars

• Master: Isle Casino Black Hawk

DraftKings

• Master: Bally’s Black Hawk North Casino

FanDuel

• Master: Bally’s Black Hawk West Casino

FoxBet

• Master: Lady Luck Casino Black Hawk

PointsBet

• Master: Double Eagle Hotel & Casino

Bet365

Bet365

Bet365

• Master: Century Casinos

WynnBet

• Master: Bronco Billy’s Casino

• Master: Bally’s Black Hawk East Casino

• Master: Ameristar Casino Black Hawk

Bet Monarch

• Master: Monarch Casino Blackhawk

Betfred Sports Colorado

• Master: Saratoga Casino Black Hawk

Betsafe

• Master: Dostal Alley

Betway

• Master: Famous Bonanza Casino Corp.

Circa Sports

• Master: Century Casino Cripple Creek

Elite Sportsbook

• Master: Red Dolly Casino

Maverick

• Master: Grand Z Casino

PlayUp

• Master: Bull Durham Saloon & Casino

SI Sportsbook

• Master: Colorado Grande Hotel and Casino

Smarkets

• Master: Sir William’s Casino

Superbook

• Master: The Lodge Casino at Black Hawk

Tipico

• Master: Century Casino Tollgate

5) Where Can I Bet on Sports in Person in Colorado?

Currently, there are 14 Retail Sports Betting Operators in the state of Colorado. They are:

• Ameristar Casino Black Hawk
  
  • Sports Betting Operator: Barstool Sports
• Bally's Black Hawk North Casino
  
  • Sports Betting Operator: DraftKings
• Dragon Tiger Casino
  
  • Sports Betting Operator: Maverick 
• Grand Z Casino
  
  • Sports Betting Operator: Maverick 
• Isle Casino Hotel Black Hawk
  
  • Sports Betting Operator: Caesars 
• Lady Luck Casino Black Hawk
  
  • Sports Betting Operator: Caesars
• Monarch Casino Resort Spa
  
  • Sports Betting Operator: Monarch Casino Blackhawk
• Red Dolly Casino
  
  • Sports Betting Operator: Elite Gaming
• Saratoga Casino Black Hawk
  
  • Sports Betting Operator: Betfred
• Sasquatch Casino
  
  • Sports Betting Operator: Sasquatch Casino
• The Lodge Casino at Black Hawk
  
  • Sports Betting Operator: SuperBook
• The Wild Card Saloon
  
  • Sports Betting Operator: Wild Card Saloon
• Wildwood Casino at Cripple Creek
  
  • Sports Betting Operator: ISI
• Z Casino Black Hawk
  • Sports Betting Operator: Maverick 

6) How Do I Make Deposits and Withdrawals for Online Sports Betting in Colorado?

With the inclusion of online betting in Colorado, the state immediately included access to many of the most user-friendly sportsbooks, making it easy to get starter and/or withdraw winnings. The following are common methods to deposit or withdraw money for sports betting in Colorado:

• Debit/Credit Card
• ACH (Online Banking)
• PayPal
• Prepaid Sportsbook Cards
• PayNearMe
• Cash at the Cage
• Check
• Online banking transfer
• Bank wire transfer
• Skrill
• Neteller
• Venmo

7) What are the Most Common Types of Sports Bets Can I Make in Colorado?

Straight bet

This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Denver Nuggets -7.5 (-110), Moneyline -320

at Minnesota Timberwolves +7.5 (-110), Moneyline +260

Over/Under 206

The Nuggets are favored by 7.5 points in this example. This means that if you bet the Timberwolves, you are getting 7.5 points, so if the Timberwolves win the game, or lose by fewer than eight points, you will win the bet because of your 7.5-point cushion. On the other side, when you are laying 7.5 points as the favorite, you would need the Nuggets to win by eight or more to win the bet.

Final Score: Nuggets 102 Timberwolves 98. Timberwolves would cover even though the Nuggets won the game because the +7.5 point spread is enough to cover a four-point defeat.

Moneyline Bet

The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Timberwolves ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Nuggets ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

In the example above, the Nuggets ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.

Over/Under

This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less. In the example above, the over/under for the game was 206. If the final score was 102 to 98, the under bet would have won since 102+98=200.

Parlay

A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

Player Props

A player prop is a simple over/under bet on a player stat category. A player prop has nothing to do with the end outcome of the game that they are playing. For example, you can bet Jamal Murray O/U 22.5 Points. The over/under works in the exact same way as the total points over/under. If Jamal Murray scores 23 or more points, the over bet wins. If Jamal Murray scores 22 or less points, the under bet wins. 

8) Where's a Good Place to Start Learning How to Online Sports Bet in Colorado?

Update coming shortly.

9) What are the Most Popular Sports Teams to Bet on in Colorado?

Denver is one of the most prolific sports cities in the country with professional teams in all four major North American leagues. The Broncos won Super Bowl 50 in the 2015-16 season, the Avalanche won the Stanley Cup in 2022, and the Nuggets and Rockies both have fairly recent histories of team and individual success. Plus, Denver serves as the sports hub of the Mountain West, so these four teams will surely attract gambling interest from neighboring states as well.

As for collegiate sports, the University of Colorado has consistently competitive football and basketball programs. There will be more eyes on the University of Colorado Football Program in a long time after the hiring of Pro Football Hall of Famer Deion Sanders. The University of Denver boasts one of the most prolific hockey programs in history with 16 appearances in the Frozen Four and eight championships, second-most ever. Those two programs are the strongest in their respective fields, and Colorado State also has a successful football program that consistently sends players to the NFL.

10) Is There Anything Else to Know About Colorado Sports Betting?

Colorado sports betting history

Despite Colorado currently being one of the more progressive states with regard to gambling, that has typically been far from the case. The state first allowed casinos to take wagers in 1991, and even then the casinos were few and far between in small Rocky Mountain towns. And even if Colorado legislators had an appetite for sports betting to come to the state, they had another barrier to break through: taxpayers. The Taxpayer Bill of Rights, or TABOR, makes it mandatory for all laws that raise taxes to go through a public vote.

Colorado finally passed legislature on sports betting last summer, doing so on the last day of session, and the bill went to a vote in November. TABOR requires language that makes clear that the law will lead to tax increases, presumably to limit tax hikes from passing, but Colorado voters still passed the bill by 20,000 votes to bring sports betting to the Centennial State.

Colorado Sports Betting FAQs

Is Sports Betting Legal in Colorado?

Sports betting is legal as of May 1, 2020.

Is Colorado betting legal online?

Yes, you have your choice between 23 online sports betting operators as listed above. 

What are the best options for Colorado sports betting in person?

Any of the land-based casinos that obtain licenses will be available for betting in person. You have your choice of 14 retail sports betting operators, also listed above. Casinos will be located all over the state, from metropolises like Denver to less industrial towns such as the Four Corners area.

However, as long as you are within the Colorado state lines, you will be able to place bets with the Colorado sports betting apps, so in-person wagering will not be as important as in other states.

How Do I Open an Account?

Each app has a different sign up process, but they all involve identification and age verification. Additionally, most apps give you some sort of sign up bonus.

How Do I Deposit and Withdraw?

It's very easy to deposit or withdraw. A few examples include:

• Debit/Credit Card
• ACH (Online Banking)
• PayPal
• Prepaid Sportsbook Cards
• PayNearMe
• Cash at the Cage
• Check
• Online banking transfer
• Bank wire transfer
• Skrill
• Neteller
• Venmo

What Games Can I bet on?

In Colorado, you can bet on: 

• • eSports
  • Fantasy Sports
  • Aussie Rules
  • Badminton
  • Bare Knuckle Fighting
  • Baseball
  • Basketball
  • Biathlon
  • Bowling
  • Bowls
  • Boxing
  • Competitions
  • Cornhole
  • Cricket
  • Cycling
  • Darts
  • Disc
  • Floorball
  • Football - Pro American
  • Football - XFL
  • Futsal
  • Gaelic Games
  • Golf
  • Pro MiniGolf
  • Handball
  • Hockey - Field
  • Hockey - Ice
  • Lacrosse - Pro
  • MMA
  • Motorsports
  • Netball
  • Olympics
  • Pesapallo
  • Pool
  • Professional Tag
  • Rodeo
  • Rowing
  • Rugby League
  • Rugby Union
  • Sailing
  • SlapFight
  • Snooker
  • Soccer
  • Soccer - Beach
  • Summer Athletics
  • Swimming
  • Table Tennis
  • Tennis
  • Volleyball
  • Volleyball - Beach
  • Waterpolo
  • Winter Athletics
  • Chess
  • Jai - Alai
  • Softball
  • NCAA Baseball
  • NCAA Basketball
  • NCAA Football
  • NCAA Hockey
  • NCAA Lacrosse
  • NCAA Soccer
  • NCAA Volleyball
  • NCAA Beach Volleyball
  • NCAA Softball

Who can apply for a sports betting license?

The 33 casinos can apply for licenses. Once approved, they can work with an online operator to establish a mobile and/or online betting presence.

Who oversees sports betting in Colorado?

Gambling will be overseen by the Colorado Division of Gambling.

Who can bet on sports in Colorado?

Anyone within the Colorado border who is 21 or older can bet on sports.

MUST BE 21+ • PLAY IN COLORADO ONLY • GAMBLING PROBLEM? CALL 1-800-522-4700

Read further for commonly and frequently asked questions regarding sports betting and fantasy sports in Colorado.