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Best Sports Betting Sites in Colorado 2024

Last Updated on March 24, 2024
Fact checked by: Chris A

Looking for a sports betting site in Colorado? You’ll find the best CO betting sites in this article!

Colorado sports betting apps are a dime a dozen. As of 2023, there are 24 online sports betting operators in the Centennial State. According to Proposition DD, sportsbooks must partner with local casinos to gain access to the market. Each casino can only have one skin or one betting app. Given the total of nearly 40 casinos in the state, there’s still room for more sports betting sites in Colorado, adding to the already highly competitive market.

In this guide, we venture to separate the wheat from the chaff and present only the top CO sportsbooks. You’ll also find all the relevant information about these top sites and how we ranked them in the first place.

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Bet365
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At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
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BetMGM
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4.7/5
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FanDuel
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4.6/5
Requirements (WR): 1x Deposit
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Bet $5 Get $200 in Bonus Bets if your bet wins
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This Is How We Review Colorado Betting Sites

We have devised a foolproof rating system to benchmark all legal sports betting sites in Colorado. Here are the main tenets of the entire process.

Complete History and Safety Checks

A simple internet search will give you all the information you need about any sports betting site. There are scores of forums and communities where people discuss and share their experiences using a betting app.

To feel the pulse of the customers, we meticulously trawl the web for these insights, especially the reviews on the App Store and Google Play Store. There, we can see how operators respond to negative reviews and how often certain issues come up. For us, the dealbreakers are always going to be persistent geolocation issues, especially in border areas, withheld or delayed cashouts, and bonus terms that prey on unsuspecting users.

Ultimately, our lists only contain betting apps with a license from the Colorado Division of Gaming, the statutory authority in charge of regulating legal sports betting in Colorado. The Division’s stamp of approval makes it easier for us to reach a verdict on a site, knowing that it is legal and safe.

As per the Colorado betting law, all operators must abide by strict anti-money laundering laws and implement systems to prevent collusion and fraud. The Colorado Division of Gaming regularly tests the software to ensure compliance with the rules.

Security also plays a vital role in our assessment procedure. Sportsbooks that use the latest SSL and TLS encryption, plus additional safety features such as FaceID and 2FA, get extra credit.

Real Money Deposit and Withdrawal of Funds

Colorado sports betting apps offer similar payment methods. These include PayPal, VIP Preferred (ACH), prepaid Play+ Card, and credit/debit cards. The minimum deposits are usually $10, but some sportsbooks, such as DraftKings, even offer $5 deposits. A lower deposit bar makes these books more suitable for beginners.

The real point of difference between the CO betting apps is the withdrawal processing time. Namely, all sportsbooks keep cashouts pending for between 24 and 48 hours due to the review process. However, some sportsbooks complete this procedure faster, especially when PayPal withdrawals are concerned.

We also tend to look at how many times a day sportsbooks process withdrawals. Caesars Sportsbooks processes PayPal requests three times a day. What’s more, betting sites that handle withdrawals during the weekend deserves bonus points.

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Verifying Available Sports and Testing the Odds

All CO sports betting sites in contention for the title of the best will offer a superb betting program. The North American major leagues sports like the NFL, NHL, NBA, MLB, and MLS get the biggest share of the action.

Still, sportsbooks such as DraftKings and FanDuel are among those who went a step further, adding niche markets such as motorsports, MMA, and volleyball, catering to users with a more exquisite taste in betting.

Another important part of the betting portfolio is the variety of bets on offer. DraftKings and Caesars lead the way when it comes to props, especially now that both operators have incorporated micro-betting. This type of betting involves betting on specific moments in the game that don’t have anything to do with the score, such as will the next pitch be a ball or strike.

Apart from the betting variety, it’s the pricing that gets into our spotlight. No sportsbook offers the best odds for all markets, which is why it’s crucial to shop around. PointsBet and BetRivers may not have the market share of DK and FanDuel, but their odds are as competitive as any.

Claiming Colorado Betting Site Bonuses and Wager Testing

We always get up and personal with bonuses to test their merit. By claiming the bonuses ourselves, we can see how easy it is to clear the bonus or if there are any hidden restrictions in the Terms and Conditions of Use.

For example, we check if there are unrealistic odds or wagering requirements or if certain markets are out of reach using the bonus bet.

If we find any of these, we’ll flag that site for unethical requirements and continue the search.

Conducting a Not Approved List Scan

The legal sports betting landscape of Colorado does not have room for predatory operators. However, there have been cases of sportsbooks not following through on their promise of fair and safe betting. For example, they might withhold the winnings from the bonus play on some false pretense or alter the bonus T&Cs following a big win.

Players usually mention these incidents on forums and app reviews. If similar accusations come from different sources, we pay special attention to that and how the book will react. Failing to change their ways will result in us blacklisting them immediately.

Sending For Approval and Ranking with Our Quality Team

We reserve this stage of the process for data verification. Once we get the green light from the quality team, that data becomes a full-blown review.

Next up are the editors who ensure the quality of texts is up to par with the highest industry standards. At this point, the quality team and researchers get another look at the text before we publish it.

All of our texts stem from a thorough investigation of operators and their features, guaranteeing content that is informative and trustworthy.

Colorado Betting Site Gets Added to Our Ranked Toplist

By investigating every single nook and cranny of legal CO sportsbooks, we are more than equipped to deliver a verdict on their overall quality and rank them accordingly. The betting sites that pass our muster with flying colors will earn more stars and the top spots on our list.

top rated sportsbooks in colorado

We Compare the Top Real Money Online Betting Sites in Colorado

There’s no better way to compare betting sites than stack them against each other. We apply the same criteria to all betting sites to keep things fair and square.

Here’s what we generally focus on when comparing bookies:

  • Sign-up deals — Welcome bonuses are the number one way sportsbooks attract new players. Regardless, only a few of these deserve the accolades, such as the $1,000 you can win in bonus bets from BetMGM or the $1,250 Caesars has got in store for you.
  • Recurring bonus offers — Sign-up bonuses might be the focal point of any promotional effort, but what about bonuses for loyal customers? Top betting sites offer odds boosts, reload bonuses, free bets, loyalty programs, and other benefits for frequent depositors.
  • NBA and NFL pricing — With the Denver Nuggets being title contenders year after year and the Denver Broncos picking up steam in the NFL, it’s crucial to see which sportsbooks offer the best odds for their fixtures and give them prominence.
  • Major league coverage — The Big Four, MLB, NFL, NHL, and NBA drive the betting action in Colorado, so we put emphasis on the coverage for these competitions in particular. We look for the biggest selection of props, same-game parlays, and parlay boosts that apply.

We Include Only the Best Online Betting Sites in CO

With 24 sports betting sites in Colorado, choosing the best ones is no easy task. This is why we invested a lot of time and effort into analyzing them.

In fact, more often than not, we have to be overly finicky when scrutinizing the betting apps to make sure only the best of the best make the cut.

Here are some of the prominent features we consider:

  • Additional betting options: Live streaming, Same Game Parlays, Micro betting, Quick Parlays, and Early Cashouts are some of the betting features present in Colorado betting sites. Those innovative tools improve the betting experience considerably and prompt us to secure a spot on our list for those betting apps that offer them.
  • Exemplary customer service: No sportsbook is immune to occasional glitches and freezes. When that happens, it’s crucial that you have 24/7 access to customer service. Agents who solve the issues promptly and provide the necessary guidance make all the difference.
  • User-friendly app: An intuitive app and site that’s easy to navigate lays out the groundwork for a successful betting experience. Operators whose apps are responsive and have a plethora of functions, such as the search bar, biometric logins, and Quick Picks, usually top our lists.
  • Flexible payment limits: The best CO sportsbooks on our list offer flexible transaction limits to cater to the needs of both sharp bettors and novices. No matter which group you belong to, they can certainly accommodate your bankroll.

Bonus Offers by Top Colorado Online Betting Sites

We can understand the appeal of a large sports betting bonus. However, size is not the only thing that matters when it comes to bonuses. You need to look under its hood to see if it’s truly worth your time and money.

Here’s how you tell good from mediocre bonuses.

  • Bonus types: Deposit match bonuses bring more value than risk-free deals since the latter are only good if your first bet fails. With deposit match deals, you get the bonus cash either way. Bet $5 Get $100 bonuses are also a good deal since they do not require a major investment on your part, so look for those as well.
  • Odds restrictions: Most sportsbooks put a limit on the odds that qualify for the bonus bet, which stops you from betting on the favorites. This forces you to make a bet on some longer odds, potentially on events you didn’t want to bet on in the first place.
  • Taxing wagering requirements: Wagering or rollover requirements are an indelible part of almost every sports betting bonus. Deposit match deals usually have wagering requirements up to 35x the bonus amount, whereas risk-free offers might not have any.
  • Short bonus expiry dates: Certain bonuses may have short expiration dates, making it impossible to clear in time, especially when coupled with demanding wagering requirements. Always check the expiry date on the bonus before claiming it.
  • Site credits vs. free bets: Site credits offer more flexibility since you can use them on multiple events. Free bets, on the other hand, have to be used all at once on a specific betting market.

Learn About No Deposit Sportsbook Bonuses

No deposit bonuses are becoming a lost art in the world of sports betting. These types of deals let you test the betting app without risking a dime of your money.

You receive the no deposit bonus the moment you sign up and verify your account. Note that sometimes you’ll need to insert a promo code during registration to trigger the promotion. If such codes are needed, you’ll be sure to find them on this page.

So, what’s the catch? Well, turning bonus money from a no deposit promo into real cash is very difficult. First of all, you’ll have to deal with minimum odds and market restrictions, not to mention the wagering requirements. Also, you’ll rarely get more than $20 to begin with.

Nonetheless, you won’t have to risk your own money, making them a truly risk-free deal.

Spot the Good vs. Bad Colorado Sports Betting Sites

The table below lists all the characteristics that help sports betting platforms be head and shoulders above the competition.

Good Betting Sites in Colorado Bad Betting Sites That Should Be Avoided
🎲 Great Colorado betting sites offer considerable welcome bonus deals with friendly terms. 📌 Bonus terms are difficult to understand and clear.
🎲 There’s a strong lineup of recurring bonuses. 📌 Bonuses for regular players are active every now and then.
🎲 Offers more than ten daily odds boosts for the most popular events. 📌 No competitive odds for high-profile events and almost no odds boosts.
🎲 Constantly has good pricing. 📌 Pricing is rarely up to par.
🎲 Outstanding variety of betting markets, including futures and props. 📌 The choice of props is limited to some major league events at best.
🎲 Supports advanced betting features, such as SGS, SGS+, bet builders, and early cashouts. 📌 No advanced features
🎲 Supports live streaming 📌 No live streaming

Play Online Betting Site in CO With These Eight Steps

Ready to dive into the best CO sports betting and don’t know how? You’ve come to the right place. Follow the guide below to get started in no time.

1. Sign Up with a Licensed Betting Site Operator in Colorado

Stay away from offshore operators. For safety and legal reasons, you should always opt for legal sportsbooks in Colorado. This way, you won’t get into trouble with the authorities and will enjoy safe and fair betting.

2. Make a Deposit Using Your Preferred Method

After you set up an account and verify it, go to the Cashier section and hit Deposit. From the list of methods, pick the payment option you want to use, and insert the necessary details, including a credit/card number or email address, depending on the method of payment. Set the deposit amount and confirm the transaction. The funds should arrive in your account within minutes.

3. Use a Deposit Betting Deposit Bonus if You Want to (Optional)

Claim the welcome bonus after account registration. In some instances, sportsbooks may require you to insert a promotional code to activate the bonus.

4. Play Your Preferred Games/Odds

Take a good look at the leagues and competitions on offer and make your picks. Enter the amount you wish to wager and place your bets. If you are playing using the welcome bonus, make sure to read the terms and conditions to see which bets are available for use.

5. Complete the Wagering Requirement if You Used a Bonus

Meet the wagering requirements within the specified time frame to clear the bonus and turn it into real cash. In case you don’t meet the requirements on time, the bonus will be forfeited.

6. Decide if You Want Email Promotions or Not

During account registration, the system will prompt you to subscribe to the newsletter and receive notifications about new promo deals via email. You can unsubscribe at any time.

7. Prepare ID Card and Utility Bills for Verification Purposes

According to the sports betting regulations in Colorado, all sportsbooks must verify player accounts before allowing them to play. The books will complete the verification procedure automatically, using the data you provided during registration. In case the verification fails, you’ll have to go through additional checks and supply copies of your personal documents, including ID, passport, driver’s license, bank statement, and similar.

8. Make a Withdrawal of Your Winnings

In the Cashier section, click on Withdrawal and choose your cashout method. Note that most sportsbooks require you to withdraw the winnings using the same method you used for depositing.

Why You Should Use the Top CO Betting Sites Listed by Gambla

The internet is swarming with so-called sports betting experts that make it hard to discern what is true and what is not. Here’s how we keep it real:

  • Only licensed apps. We only consider legal Colorado betting sites. We want you to feel safe when betting and not get ripped off by some offshore platforms.
  • Objective and unbiased approach. Even though personal preferences among researchers do exist, they never cloud our judgment. If a sportsbook is better than others in some regard, we’ll make sure to mention that.
  • Data-driven analysis. All sports betting sites we recommend come as a result of a detailed data analysis curated and refined by industry experts. Ultimately, we use the data to create unbiased reviews.
  • Regular updating. We regularly update our lists of sportsbooks to stay ahead of the game and in sync with new trends in the industry.
  • Keeping in touch with the community. You can always comment on our reviews using our feedback systems. If there’s anything you’d like to change or think could be improved, please voice your opinion — it matters to us.
  • Multi-tier editing structure. There are multiple revisions of the written reviews by researchers, writers, and editors to ensure everything is fact-checked and up to par with our standards.

licensed and safe betting sites in colorado

Know the Terms When Playing with Real Money Betting Sites in Colorado

Although it is a bore for most bettors, reading the terms and conditions of use may determine your entire customer journey. It’s crucial to know the house rules regarding specific wagers and how the sportsbooks address situations such as bet settlement when the game goes into overtime, player injuries, game delays, postponement, and similar occurrences.

Moreover, you should read the T&Cs pertaining to bonuses to avoid any potential misunderstandings in the future.

Stay Away from Unlicensed Operators

Steering clear from unlicensed offshore operators can be a lifesaver. More often than not, there is no regulatory oversight of these platforms, meaning you are on your own in case you hit a roadblock. Imagine you win big, but the book refuses to pay, citing some bogus breach of the T&C. There’s no one to talk to or ask for help.

Even worse. If an offshore bookie goes bust and ceases all operations, there are no ways for you to retrieve your funds.

Despite the seemingly bigger bonuses and odds, you are far better off sticking with licensed Colorado betting sites where you can enjoy safe and secure betting.

Playing CO Betting Sites on Your Mobile Phone

All CO online sportsbooks offer proprietary Android and iOS betting apps you can download from their respective app stores. These apps let you place bets on the go, no matter where you are in Colorado.

Through the use of the apps, you will have more personalization options, including access to push notifications.

Five Things to Be Aware of When Registering with a New Online Betting Site in Colorado

1. Choose a Betting Site with Care

Don’t let those gaudy bonus banners go to your head and make your sign up with the first sportsbook that pops up. Make an informed decision based on a thorough analysis of features like the ones found in our reviews.

2. Only Use Your Own Details

Registering an account with someone else’s information won’t work. Legal CO sportsbooks use sophisticated verification systems to check the identity of every user. Using a fake ID won’t work, either. At some point, you’ll be asked to provide copies of these documents, together with bank statements, utility bills, and other documents.

3. Is Claiming a Bonus Worth It for You

Bonuses may prove as an advantage since they give you extra funds to bet. Still, you have to look at the fine print first to decide if the bonus is not impossible to clear before committing to it in the first place.

4. Only Use Personal Deposit Methods

The payment methods you use to fund betting accounts must be in your name unless you want to get your account blocked. Advanced systems monitor all financial transactions with the sportsbooks and will flag any payments that don’t come from accounts and methods in your name. This may result in the termination of the account and the seizure of funds.

5. Know When It’s Time to Stop Gambling

Sports betting is exciting and fun, but as long as it’s within reasonable limits. It’s essential that you know exactly when to stop. Excess betting can lead to problem gambling if you are not careful. If you are feeling down, don’t bet.

Best Betting Sites by US state

Frequently Asked Questions About Colorado Online Betting Sites

When did the sports betting market in Colorado launch?

Sports betting in Colorado went live on May 1, 2020, following the people’s vote in favor of Proposition DD at a referendum in 2019.

What is the minimum gambling age in Colorado?

You must be at least 21 to place sports bets legally, both in-person and online.

As of 2023, there are 24 legal online sportsbooks in Colorado.

Is college betting allowed in Colorado?

Yes, college betting is allowed in Colorado, but you are not allowed to make proposition bets on college games.

Do I have to be located in Colorado to bet?

Yes, you must be physically present within Colorado borders when placing a bet, as per the geolocation requirements.

Responsible Gambling with Colorado Real Money Betting Sites

Our love for betting aside, we are staunch proponents of safe and responsible gambling. We encourage you to practice it in moderation. Only wager that you can afford to lose. Remember to always bet with your head and never above it.

Here are some tips for betting responsibly:

  • Set a budget. Determine a weekly or monthly budget for betting, and don’t go over it under any circumstances. Never bet with money that you need for day-to-day life.
  • Focus on familiar sports. If you are familiar with certain sports or competitions, you are bound to make more profitable bets on those sports rather than those you know nothing about.
  • Leverage the bonuses. Bonuses are a good way to explore a site without risking your own cash.
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