|#1||Bet $10, Get $125|
If Your Team Scores
|12.5 to 1 Odds Boost|
Promo Code: GOODFOOD
|#2||Bet $1, Win $100|
If Your Team Wins
|100 to 1 Odds Boost|
Every Betting Event
Follow Link for Details
|#3||100% Risk-Free Bet|
On First Wager, Up to $1,000
|Follow Link for Offer|
New FanDuel Users Only
|#4||$500 Risk-Free Bet|
100% Deposit Bonus
|100% Refund if Bet Loses|
New CO Players Only
Use Bonus Code: WILLHILLRF
|#5||Bet $20, Win $100|
Win or Lose, Cash $100 on any NBA Bet
|Applies to First Wager|
New Players Only
No Code Needed, Follow Link
|#6||100% Deposit Bonus|
Up to $250 Free
|CO Best 1x Rollover|
Top US Deposit Bonus
No Code Needed, Follow Link
|Online Book||Casino Partner||Launch Date|
|888 Sport||Colorado Grand Casino||December 2020|
|Barstool Sportsbook||Penn National Gaming||November 2020|
|BetAmerica||Full House Resorts||May 2020|
|BetFred||Saratoga Casino||September 2020|
|BetMGM||Midnight Rose Casinos||May 2020|
|BetRivers||Triple Crown Casinos||May 2020|
|Circa Sports||Century Casinos||July 2020|
|DraftKings Sportsbook||Twin River||May 2020|
|FanDuel Sportsbook||Twin River||May 2020|
|Fox Bet||Lady Luck Casino||May 2020|
|PointsBet||Double Eagle Casino||May 2020|
|SBK||Full House Resorts||May 2020|
|SuperBet||The Lodge Casino||TBD|
|theScore Bet||Jacobs Entertainment||September 2020|
|Tipico||Century Casinos||Coming 2021|
|William Hill||Colorado Belle Hotel & Casino||September 2020|
With a market as competitive as Colorado, sportsbooks typically offer some of the most aggressive new player promotions in the industry. These promotions come in two common forms:
Deposit bonus - The majority of the sportsbooks in Colorado offer some sort of deposit bonus. These range from $250 - $2,000. The deposit bonus is equal to your initial deposit.... make a larger deposit, receive a larger bonus.
Free bet - A free bet promotion is exactly what it sounds like, a free bet given to new players making their first deposit with the sportsbook. Like a deposit bonus, a free bet is typically equal to the amount of your initial deposit. Again, these can range from $250 - $2,000 in free bets.
Our staff compares all of the available deposit bonuses in Colorado each week and identifies which is the most player-friendly offer. The offer below is the highest-rated offer in Colorado for June 2021. This distinction currently belongs to PointsBet and their wide variety of new player offers.
For those living outside of the state of Colorado, you will get 'just feel lucky to have sports betting in your state' however for Colorado residents the journey to legal sports betting seemed to take forever. To be exact, the process took just over one year. Here is a breakdown of exactly how and when sports betting came to the state.
In April of 2019, the state introduced HB 1327, which was a bill written by house majority leader Alec Garnet that would allow for legal and regulated sports betting in the state.
The bill was officially signed into law in May of 2019 by Colorado Governor Jared Polis. At this point, the bill still needed to be voted on in the state's November elections.
In November of 2019 the bill passed by the absolute smallest of margins (less than 1%). At this point, sports betting would be live in the state as soon as a process for regulating the industry could come available.
Finally, in May of 2020, the first group of sportsbooks launched their online sportsbooks. This group included FanDuel, DraftKings, BetMGM, and BetRivers. The first bets were officially placed on May 1st, 2020, and the state would go on to place over $1.2 billion in bets between May 1st and December 31st.
Today, Colorado has one of the largest US sports betting markets. In addition to the 16 sportsbooks listed above, Tipico recently announced plans to enter the CO sports betting market.
With a market as young as Colorado sports betting, there are certain to be a number of questions residents have prior to opening an account with one of the state's 15 sportsbooks. Below are answers to the most frequently asked questions.
The current legal sports betting age in Colorado is 21.
You can fund your sportsbook account in a wide variety of ways in CO. These include bank cards, prepaid debit cards, bank transfers, PayPal, cash, check, or money order. Accounts can be funded online, in app, or in person.
You can withdraw your winnings at anytime the same way you made your initial deposit. Withdraw requests in the state of Colorado are typically processed in under 48 hours.
Remote registration simply means Colorado residents can open a sportsbook account online rather than in person. Not every state that offers legal sports betting offers remote registration. This was especially important during the COVID pandemic, as sportsbooks and casinos spent a large amount of 2020 shut down.
Colorado residents have access to every bet type you would find in Las Vegas or New Jersey. This includes spreads, moneylines, parlays, teasers, prop bets, futures, and more. Of course, there are certain restrictions, including no prop or futures bets on college sports. Furthermore, each book is allowed to set a maximum bet amount.
Unfortunately for bettors that have an active Colorado sportsbook account, they will not be able to place bets outside of the state. This is to ensure that residents of states without legal gambling are not able to place bets outside of state lines.
Sports betting winnings are taxed just like any other income you have. You will need to report your winnings when you file your taxes. The official form required to do this is a W-2G. Taxes on these earnings will be determined by your total income for the year. On the other side of this equation, some sports betting losses can be written off at the end of the year.
Sportsbooks that operate in the state of Colorado pay a 10% tax to the state on any income they earn.