Colorado Sports Betting

Yes! Sports betting has been legal and live in Colorado for several years now, so residents can use the best sportsbook apps available in the market.

Colorado Sports Betting Key Takeaways

Colorado is a major sports betting state, so there's a lot of key information to note. Read our key takeaways to know before starting to wager in Colorado!

Who Can Bet on Sports in Colorado?

In order to participate in online sports betting, you'll have to meet the requirements below:

• 21+ years old
• Use an approved sportsbook mentioned above while being physically present in the state
• Verify your account and comply with the terms and conditions of the sportsbook of your choosing

Who Regulates Colorado Gambling?

The Colorado Division of Gaming within the state, which includes online and retail sportsbooks, the lottery, horse racing, and casinos.

Details of the CO Sports Betting Bill

Here are the key facts to note about HB 19-1327, the Colorado's approved sports betting bill.

• Casino owners in Black Hawk, Central City, and Cripple Creek are allowed to partner with a sportsbook
• 10% online + retail sports betting tax rate
• Up to 33 online sportsbooks are permitted to operate (there are 33 casinos located in the state)
• Every online operator is required to partner with a casino 
• Betting on all major sports markets is allowed except college player props

How to Start Betting in Colorado

It's easy to get started with sports betting in Colorado. Here's how:

Step 1: Choose a CO Sportsbook

Colorado has many sportsbooks, which means you can shop around for the best lines. But you have to start with one. Let's start with BetMGM! If you want sign-up steps with a video walkthrough on placing your first bet in Colorado, check out our write-up here.

Step 2: Sign Up, Enter a Promo Code (if applicable), and Deposit

Follow the prompts to set up your account with BetMGM. They may ask for your social security number or driver’s license to verify your identity and age. BetMGM will take you right to the deposit screen once you’ve put in your information. Select your payment method, then click deposit. The best method, in our opinion, is direct deposit via a bank account. You can use your login, and when you cash out, the money will go straight to your bank account (and not credited back to a card).

Step 3: Verify Your Location

If you're using a desktop computer, Colorado sportsbooks require you to download location-tracking software. The state uses GeoComply, which is an industry gold standard. If you're on your phone, just allow the app to track your location, and you won't need additional software.

Step 4: Place a Legal Bet in CO

BetMGM offers better odds compared to its competitors in a lot of markets. Here's how to make a bet. Congrats! You’ve just placed your first legal sports bet online in Colorado!

• Go to the sport
• Click the line you want to bet
• Click bet slip 
• Enter your bet amount
• Click submit

Permitted Betting Markets and Sports in Colorado

Sports fans can wager on a full range of bet types, including:

• Point Spreads. Spread betting is a bet on the margin of victory in a game, or the point "differential." (See: Our Guide to Point Spread Betting)
• Moneylines. Moneyline betting is when you pick the winner of the game or event, either one team or another. (More detail here: Moneylines)
• First Half & Second Half. Halves let a bettor treat the first half and the second half as separate matches. (Additional insights: Half Bets)
• Totals. A total, also known as an over/under, is a bet on the number of points both teams will combine to score in a game. (See: Understanding Totals in Sports Betting)
• Futures. Future bets are a bet on an event that will be decided in the future (e.g., end-of-season results). (More: Longer-term Betting: Futures)
• Player Props. A "prop" bet, short for a proposition, is a wager that is not directly tied to the final score or outcome. (See: Everything to Know About Prop Bets) 

There are also no shortage of sports markets that bettors can take advantage of to make wagers, including:

• Football: NFL & CFL 
• Basketball: NBA, WNBA, European/international baseball league
• Baseball: MLB 
• Hockey: NHL, international hockey leagues
• Soccer: MLS, English Premier League, UEFA Champions League
• College sports: NCAA football, basketball, etc.
• Golf: PGA Tour, LPGA Tour, PGA Tour Champions, PGA European
• Auto Racing: IndyCar, NASCAR, Formula One

Additional market choices like boxing, tennis, rugby and more are also be offered at many of CO's sportsbooks.

What Can't I Bet On in CO?

CO sports bettors are prohibited from individual performance prop bets across all college sports. ❌ 

What does this mean? You cannot bet that #12 on the Buffaloes will score 20 points in a particular game. However, you can bet on if a particular CU player is favored to win the Naismith Trophy this season. So, there are no single-game player prop bets allowed to eliminate the possibility of gameplay conflicts of interest.

Colorado Sports Betting Background

In November 2019, Coloradans voted to legalize sports betting within the Centennial State.

The Colorado bill's unique feature was an environmental angle: Proposition DD coupled sports betting legalization with a 10% sports gambling tax to support the state’s water conservation initiatives. Despite state leadership and environmental advocates' confidence in the bill, it passed at a tighter margin than anticipated at 51.41% to 48.59%. Still, a win is a win for bettors in Colorado.

Sportsbooks officially started accepting bets in Colorado on on the first day of May in 2020, with DraftKings, FanDuel, BetMGM and BetRivers leading the way — although the much-anticipated launch happened without major sports or casinos open and no major sports live due to the pandemic.

Sports betting is also available at Colorado's physical casinos located west of Denver and Colorado Springs.

Below is a complete timeline of CO's legalization process.

Click for Previous Colorado Sports Betting Background and Legalization Updates

Date	Legalization Update
January 2024	Betr Sportsbook earns market access in Colorado. [Jan. 23]
December 2023	Fanatics Sportsbook officially launches in Colorado, replacing PointsBet in the state.
August 2023	WynnBET ceases operations in Colorado and several other states. [Aug. 11]
September 2021	SI Sportsbook launches two days before the start of the 2021-22 NFL season on Sept. 7. SI's launch was geared toward the NFL season, which is set to include various promos for new users looking to bet on their favorite football teams.
August 2021	PENN Entertainment becomes live in CO on Aug. 9.
May 2021	Bally Bet becomes live in CO on May 24.
April 2021	Betway joins the CO market on April 5. This is an exciting launch for Betway, a European-based sportsbook that is starting to gain entry into various U.S. markets.
November 2020	PointsBet officially launches on Nov. 18. The Australian-based operator launched in CO, bringing their exclusive "Pointsbetting" to the state. (Note: PointsBet is no longer active in Colorado as Fanatics Sportsbook has taken its place).  WynnBET officially launches on Nov. 26. The Las Vegas brand joins PointsBet as the second sportsbook to launch in CO during Nov. 2020.
September 2020	theScore Bet officially launches on Sept. 2. The Toronto-based multimedia giant launched its sportsbook app right before the start of the 2020 NFL season. MaximBet joins theScore by launching on Sept. 16. Known as an international magazine brand, Maxim decided to test the sportsbook market in CO and will be actively try to enter other markets moving forward.
July 2020	Caesars joins the growing CO market on July 24. The sportsbook giant that has entered most available U.S. markets becomes the sixth online book to launch in The Centennial State.
June 2020	Betfred officially launches in June. The UK-based operator agreed to launch as CO's first casino sportsbook at the Saratoga Casino Black Hawk.
May 2020	Online sports betting officially launches in May. The launch included FanDuel, BetMGM, BetRivers, and DraftKings.
November 2019	Sports betting is legalized in Colorado after HB19-1327 was approved. After a highly anticipated wait, online sports betting has been legalized in the Centennial State. Residents then have to wait until the approved sportsbooks meet the requirements to officially launch.

Alternatives to Online Sports Betting in Colorado

If you're interested in alternative online gaming options, take a look at what else you can participate in as a resident of Colorado!

Retail Sports Betting

As mentioned earlier on this page, Colorado has over 20 retail sportsbooks to choose from.

Daily Fantasy Sports

Because Colorado doesn't have laws in place that prohibit DFS apps, residents can use the leading DFS operators, including PrizePicks.

When signing up, enter the PrizePicks promo code ACTION to Place a $5 Lineup, Get $50 Instantly - No Strings Attached!!

Horse Betting

Betting on horse racing has been legal and live in Colorado for many years now. Bettors can place their horse race bets on the following legalized racebooks: AmWager, DRF Bets, FanDuel Racing, TwinSpires, TVG, and several other operators.

Lottery

The lottery is legal in Colorado, so residents can legally participate in various in-person and online lottery games, like the Powerball and the Mega Millions.

Here are the top online sportsbooks live in Colorado right now, along with their bonus offers:

bet365

As one of Europe's best sportsbooks, bet365 joined the U.S. market first in New Jersey. With fair pricing and reliable odds, bet365 is a great sportsbook to add to your Colorado sports betting library.

bet365 Promo

• Bet $5+, Get $150 in Bonus Bets!

bet365 Promo Code

TAN365

Action Network Score

9.5/10. See our bet365 Bonus Code and review for more sportsbook details and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
bet365 vs Other Sportsbooks

bet365 Terms & Conditions

New customers only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CO, NJ, IA, KY, IN, LA, NC, VA, OH only. Bet $5 and Get $150 in Bonus Bets at bet365. Registration required. A deposit (minimum $10) is required to participate in this offer. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply.

Fanatics Sportsbook

Fanatics Sportsbook is officially live in Colorado! The sports retail giant made Colorado a next stop in their sports betting world quest. More recently, Fanatics has now partnered with the Denver Nuggets and Colorado Avalanche in Ball Arena, which is located in Denver.

Fanatics Promo

Bet and Get up to $1,000 in No Sweat Bets!

Fanatics Promo Code

No promo code required

Action Network Score

9.8/10. See our Fanatics Sportsbook Promo Code for more in-depth information about Fanatics and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
Fanatics Sportsbook vs Other Sportsbooks

Fanatics Terms & Conditions

Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (CO, DC, IL, KS, KY, LA, MD, OH, MI, NC, NJ, PA, TN, VA, VT, WV, WY), (800)-327-5050 or http://gamblinghelplinema.org (MA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV). Must apply this Promotion in your bet slip & place and settle $5+ cash wager with odds of - 200 or longer to get a Bonus Bet match (up to $100) each day for 10 straight days. Your 10 days begin the day you sign up. Bonus Bets expire 7 days from issuance. Add'l Terms apply, see Fanatics Sportsbook app.

BetMGM

"The King of Sportsbooks" joined The Centennial State on May 1, 2020, when online sports betting officially became live in the state. Launching on CO's online sports betting debut has given BetMGM an advantage over other sportsbooks that entered the market later. 

BetMGM Bonus

Get a 20% Deposit Match up to $1,600 in Sports Bonus!

OR

Get up to $1,500 Back in Bonus Bets if Your First Bet Doesn't Win!

BetMGM Bonus Code

ACTION1600

OR

AN1500

Action Network Score

9.8/10. See our BetMGM Bonus Code and review for more in-depth information about BetMGM and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
BetMGM vs Other Sportsbooks

BetMGM Terms & Conditions

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Deposit Match unavailable in OH. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for Terms & Conditions.

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA). Participant must complete the Wagering. Bonus Bets Expire in 7 Days. US Promotional Offers Not Available in MS, NY, ON, or PR. Visit BetMGM.com for Terms & Conditions.

DraftKings

New Colorado users can redeem DK's exciting welcome bonus below!

DraftKings Promo

Bet $5, Get $150 If Your Bet Wins + a $50 Bonus Bet on First Deposit!

DraftKings Promo Code

No Code Needed

Action Network Score

9.2/10. See our DraftKings Promo Code and review for more in-depth information about DraftKings and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
DraftKings vs Other Sportsbooks

DraftKings Terms & Conditions

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Caesars Sportsbook 

Caesars Sportsbook effectively integrates a top-tier platform with regular player promotions to help users pad their account. Caesars has partnered with sports and entertainment icons alike to get the word out on its competitive odds across a variety of sports markets. 

Caesars Sportsbook Promo

Bet $1+, Get 10 100% Profit Boost Tokens!

Caesars Sportsbook Promo Code

ACTION22DYW

Action Network Score

9.3/10. See our Caesars Sportsbook Promo Code and review for more in-depth information about Caesars and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
Caesars vs Other Sportsbooks

Caesars Sportsbook Terms & Conditions

Must be 21+ and physically present in AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, WY or Washington, DC. New users only. Must register using eligible promo code. Min. qualifying bet amount: $1. Tokens max. bet amount: $25 per token. Tokens bet max. add'l winnings: $2,500 per token. Token(s) expire 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. Know When To Stop Before You Start®. Gambling Problem? CO, IL, KY, MD, MI, NJ, OH, TN, VA, WV, WY, Washington, D.C., KS, LA , ME, NC, PA (Affiliated with Harrah's Philadelphia): If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) or MD: visit mdgamblinghelp.org or WV: visit 1800gambler.net; AZ: Call 1-800-NEXT-STEP; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF. ©2024, Caesars Entertainment

ESPN BET Colorado 

ESPN BET is the coolest new sportsbook to add to your portfolio. They already boast many daily boosts and special event promos throughout the app. Check out our promo details below on how to get the ESPN BET new user bonus!

ESPN BET Promo

Get a $1,500 First Bet Reset!

ESPN BET Promo Code

TANBONUS 

Action Network Score

9.5/10. See our ESPN BET Promo Code and review for more in-depth information about ESPN BET and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
ESPN BET Sportsbook vs Other Sportsbooks

ESPN BET Terms & Conditions

New users only, 21+. Gambling problem? Call 1-800-GAMBLER. Must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NC, OH, PA, TN, VA, or WV in order to wager. Please Gamble Responsibly.

Colorado DFS Platforms

PrizePicks

Users can play the PrizePicks Free to Play version in Colorado.

PrizePicks CO Promo

Place a $5 Lineup, Get $50 Instantly - No Strings Attached!

PrizePicks Promo Code

ACTION

Action Network Score

9.4/10. See our PrizePicks Promo Code & Review for more in-depth information about PrizePicks and step-by-step instructions on how to sign up.

Category	Star Rating
Bonuses & Promotions
Mobile App & Website
Registering & Cashiering
Betting Options
PrizePicks vs Other Sportsbooks

Gambling problem? Call or Text 1-800-GAMBLER

Sportsbook License Partners

Sportsbook operators are required to partner with a licensed casino in order to legally operate in Colorado.

Check out the list of biggest partnerships below 🤝

Banking With CO Sports Betting Sites

All of the above operators have plenty of banking options for deposits and withdrawals.

Take a look at the available deposit and withdrawal options in Colorado:

The state of Colorado has a strong sports culture, as bettors can root on their local pro and college teams from all major sports leagues.

Pro Sports Teams

Colorado has five professional sports teams, each with its rabid fan base. You can even bet on the game you're attending in person.

NFL Betting in Colorado 

Denver Broncos - BetMGM and FanDuel

The Denver Broncos and head coach Sean Payton had a disappointing 2023-24 season after missing the playoffs with an 8-9 record. They host their home games at the Empower Field at Mile High Stadium in downtown Denver.

Denver Broncos Odds

Recommended resources to help you bet smartly on football in Colorado:

• How to Bet on Football Guide
• Check our Expert NFL Picks
• Keep an eye on betting activity and bet/money distribution with our NFL Public Betting data

NBA Betting in Colorado

Denver Nuggets and Fanatics Sportsbook

The Denver Nuggets and Mike Malone were unable to defend their 2023 NBA Championship after being eliminated by the Minnesota Timberwolves in seven games in the Western Conference Semifinals. The Nuggets play their home games at Ball Arena in downtown Denver.

Denver Nuggets Odds

A recommended resource to help you bet smartly on basketball in Colorado:

• How to Bet on Basketball Guide

MLB Betting in Colorado

Colorado Rockies - DraftKings and bet365

Bud Black and the Colorado Rockies have somewhat rebounded in 2024 after finishing last year with a 59-103 record, which was the worst in the NL and third-worst (record) in the MLB. The Rockies play their home games at Coors Field.

Rockies Odds

Recommended resource to help you bet smartly on baseball in Colorado:

• How to Bet on Baseball Guide

NHL Betting in Colorado

Colorado Avalanche and Fanatics Sportsbook

After winning the Stanley Cup two seasons ago, the Colorado Avalanche and head coach Jared Bednar had a successful 2023-24 campaign, finishing with a 51-24 record and first in the Western Conference before being eliminated by the Dallas Stars in the Second Round of the NHL Playoffs.  The Avs share Ball Arena with the Denver Nuggets.

 Avalanche Odds 

Recommended resource to help you bet smartly on hockey in Colorado:

• How to Bet on Hockey Guide

MLS Betting in Colorado

Colorado Rapids - No Sportsbook Partner

The Colorado Rapids and new head coach Chris Armas hope to make the playoffs sometime soon after several disappointing seasons. The Rapids play their home games at Dick's Sporting Goods Park in Commerce City.

Recommended resource to help you bet on soccer in Colorado:

• How to Bet on Soccer Guide

College Sports Teams

Here's more on the top college programs and rivalries in Colorado.

  College Football Betting in Colorado

Colorado Buffaloes Football

The Colorado Buffaloes and Deion Sanders (Coach Prime) head into the 2024 NCAA football season after a disappointing 4-8 finish last season in the Pac-12. The Buffaloes play their home games at Folsom Field in Boulder.

Colorado Buffaloes Odds

Colorado State Rams Football

The Colorado State Rams and Jay Norvell enter the 2024 season after a 5-7 finish last year. The Rams play their home games at Canvas Stadium in Fort Collins.

Colorado State Rams Odds

Air Force Falcons Football

Head Coach Troy Calhoun and the Air Force Falcons ended the 2023 season with a 9-4 record and a Armed Forces Bowl win. The Air Force plays their home games at Falcon Stadium in the Air Force Academy.

Air Force Falcons Odds

Recommended resources to help you bet smartly on college football in Colorado:

• College Football Betting Tips for Profitability
• College Football Betting Tips on Fading the Public

 College Basketball Betting in Colorado

Colorado Buffaloes Men's Basketball

The Colorado Buffaloes and Tad Boyle enter the new season after finishing with a 26-11 record before being eliminated by Marquette in the Second Round of March Madness. They will play their home games at the CU Events Center in Boulder.

Colorado Buffaloes Odds

Colorado State Rams Men's Basketball

The Colorado State Rams and coach Niko Medved finished last season with a 25-11 record before being eliminated by the Texas Longhorns in the First Round of the NCAA Tournament. CSU hosts their their home games at Moby Arena in Fort Collins.

Colorado State Rams Odds

Air Force Falcons Men's Basketball

The Air Force Falcons, led by head coach Joe Scott, ended their last season with a 9-22 record. The Falcons play their home games at Clune Arena in the Air Force Academy.

Air Force Falcons Odds

Recommended resources to help you bet smartly on college basketball in Colorado:

• How to Bet on College Basketball
• Trends to Know Before Betting Conference Tournaments

 College Hockey Betting in Colorado

Denver Pioneers Men's Hockey

The University of Denver Pioneers and head coach David Carle are looking to capitalize on their success last season after finishing with a 32-9-3 record and winning the NCHC Frozen Faceoff and NCAA Frozen Four National Championships. The Pioneers host their games at the Magness Arena in downtown Denver.

Recommended resources to help you bet smartly on college hockey in Colorado:

• How to Bet on College Hockey

For more information on problem gambling in Colorado, call 1-800-522-4700.

Learn more about the available sportsbooks and promo codes in Colorado:

BetMGM Promo Code | bet365 Bonus Code | Fanatics Sportsbook Promo Code | Caesars Promo Code | Betfred Promo Code | SI Sportsbook Promo Code | Betway Promo Code | FanDuel Promo Code | ESPN BET Promo Code | DraftKings Promo Code

Do you or someone you know have a gambling problem? Contact the Colorado Problem Gambling Coalition at 1-800-522-4700.

• Must be 21 years or older
• Learn about Colorado's Self-Exclusion Program