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Best Colorado Sports Betting Bonus Offers

Best Colorado Sports Betting Bonus Offers

Colorado legalized sports betting in May of 2020 and already has the largest pool of mobile sportsbooks for bettors to choose from in the US. If you are looking for a new sportsbook or just want to take advantage of bonus offers that are essentially free money, we have you covered. Here are our current rankings of every sports betting bonus available in The Centennial State this June:


SportsbookColorado OfferBonus Code
FanDuel Sportsbook Offer for ColoradoNEW 100% Deposit Match
Up to $250 Free
View Offer
No Code Needed
DraftKings SportsBook Colorado Bonus OfferNEW Bet $5, Get $100 Free
On UFC 276
View Offer
Promo Code: 1000BV
BetMGM West Virginia PromotionsBet $10, Get $200 Free
On First MLB Wager
View Offer
No Code Needed
Caesars SportsBook Bonus Offers for West Virginia$1,500 Risk Free Bet
Win or Get a Refund
View Offer
Promo Code: BV15
PointsBet Colorado Offer$2,000 in Risk Free Bets
Win or Get a Refund
View Offer
Promo Code: BVIEW0
Bet $10, Get $50 Free
Paid as Five $10 Bets
View Offer
betfred sportsbook bonus offerBet $50, Get $250 Free
Plus Bet Up to $500 Risk-Free
View Offer
No Code Needed


Details for Our Current Colorado Sportsbook Bonus Offer Rankings

If you have sports betting experience, we probably don't need to tell you how important a welcome offer is, but for those of you that are new to betting, this is the best opportunity for you to get free cash from a sportsbook.

Certainly, there are opportunities to receive a reload bonus or the occasional risk-free bet, but those offers will never include anything near $150 free with any $5 bet. As a sports bettor, this is the one time that you have leverage over the sportsbook. They want you to sign-up, try their app, and become a long-term customer.

With that in mind, and considering the fact that there are more than a dozen mobile sportsbook operators in Colorado, how can you be certain you are choosing the right offer? Here are a few tips:

  1. Don't limit yourself to one sportsbook. While it is fine to have a go-to sportsbook, it is better to have multiple options. This not only allows you to take advantage of multiple welcome offers but also allows you to shop your bets to find the best odds and lowest juice.
  2. Be sure to read the fine print. While we have identified eight sportsbooks with straightforward bonus offers here, that is not always the case. Pay attention to rollover rates, betting requirements, and eligibility rules.
  3. Find an offer with a low cost of entry. You never want your first wager to be the majority of your bankroll and offers that include a risk-free bet or a bet match often require you to bet more to receive a bigger bonus.
  4. Only sign up with sportsbooks that offer polished, reliable apps that you can see yourself using. You are going to rely on a sportsbook to make it easy to find and place a bet seconds before kickoff. Make sure the technology behind your sportsbook is capable of this.

Details for the Top Offers Available in Colorado this June

While Colorado sports bettors have plenty of bonus offers to choose from, there are two that really stand out to us. The current promotions at SI Sportsbook and PointsBet check all of the boxes we are looking for in a bonus offer. Here is what you need to know about each promotion:

Bet $20 to Get $300 Free at SI Sportsbook

SI Sportsbook is the newest operator to launch in Colorado, but the software that powers its website and app is far from new. 888 Sport, one of the oldest US sports betting operators, partnered with Sports Illustrated to launch SI Sportsbook.

As a result, the name may be new, but the product is polished and ready for action. The SI Sportsbook app is fast and reliable and offers all of the betting options you would expect to find from any of the sportsbooks featured on this page.

New players that register using our SI Sportsbook bonus code, SI300, are eligible to receive $300 in free bets when they place any $20 wager. This offer is only available in Colorado and will only run through the NBA Playoffs. Follow these steps to lock in your $300 in free bets:

  1. Sign-up at SI Sportsbook using the promo code SI300.
  2. Place a minimum of a $20 wager on any sport.
  3. Receive $300 in free bets once your bet locks!

With a $20 minimum deposit and wager, this offer is accessible to anyone and the $300 in free bets will give you the opportunity to build a bankroll without having to risk any additional money. Check our SI Sportsbook promo code directory to find more offers and for complete terms and conditions.

New PointsBet Sportsbook Promo Code Offer

Receive Up to $2,000 in Risk-Free Bets at PointsBet

If you think getting a 30-to-1 payout from SI would be good, then you should love the latest offer from PointsBet. New players that signup using our PointsBet promo code will receive up to $2,000 in Risk-Free Bets.

This promotion pays out in (2) Risk-Free bets and is restricted to new Colorado players only. Here are the steps you need to follow to lock in this unbelievable bonus offer at PointsBet:

  1. Visit PointsBet and sign-up using the promo code BVIEW0.
  2. Make your initial deposit and then proceed to place your 1st Risk-Free Bet on any standard line or total. If your bet loses, PointsBet will credit your account for whatever amount you lost, up to $500.
  3. The 2nd Risk-Free bet is for up to $1,500 and you must use the points betting format. This means the total payout is determined by your team's margin of victory. For example, a 10-point victory will pay out more than a 1-point nail-biter!

Colorado Bonus Offers FAQ

Colorado just celebrated its 2-year anniversary of having legal sports betting. Even with that being said, new players are entering the industry all of the time and have questions about bonus offers in Colorado. Our goal with this FAQ section is to provide players in Colorado with the info they need.

How do I find the best bonus offers in Colorado?

With so many sportsbooks to choose from in Colorado, finding the best bonus offer for your bankroll can be a daunting task. Luckily, our team will do all of the hard work for you. Since we provide updates regularly with all of the latest bonus offers within the state, simply bookmark our Best Colorado Sportsbooks page and check it from time to time.

What are the best bonus offers available in Colorado at the moment?

For the month of June, sports bettors in Colorado can find the best bonuses at BetMGM and FanDuel. Both of these will grow your wagering bankroll right from the start! If you sign up with both books, you'll have a huge edge!

When are the best offers available?

The best time to signup with a new sportsbook is right before the start of the NFL season. That is when sportsbooks offer their biggest bonuses! Keep an eye out for new bonus offers around August in Colorado.

How do free bets work?

Sportsbooks often reward new players with Free Bets to entice them to set up an account. Free Bets are pretty straightforward. For example, BetMGM is giving new players $200 in Free Bets when they place their first $5 bet, as long as either team hits a home run! Just make sure that you use the Free Bets before they expire.

Terms and conditions apply. Must be 21+ years of age to wager and physically in CO. Please gamble responsibly. Gambling problem? Call 1-800-522-4700(CO)