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New Sports Betting Sites in Colorado 2024

Last Updated on May 12, 2024
Fact checked by: Chris A

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

There are more than 30 bookies with authorizations from the Colorado Division of Gaming. Certainly, the future of state sports betting can only improve with more operators looking to tap into the trend.

Meanwhile, for bettors, the availability of multiple options is highly beneficial. The top bookies offer highly competitive odds, high payouts, numerous banking options, lucrative bonuses and promotions, and many other exciting features to lure players. While this is good, players must be careful with their choices.

With the increasing number of old and new Colorado betting sites, finding the most suitable one based on personal preference is challenging. Few players know how to review these sites to get the best ones. At Team Gambla, we make it our responsibility to thoroughly inspect any Colorado sportsbook before it is shortlisted on our site. So, keep reading this review to see our selections and learn more about our review process.

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List of the Best New Colorado Betting Sites 2024

While Colorado is already a top destination for some of the most popular sports betting sites, the competition for the top spot is fierce. The old brands compete among themselves, while new sites want to get noticed.

Once a new site is launched, our review experts test it for months. Of course, not every new Colorado betting site passes the test. However, we also revisit these bookies to see if improvements have been made. Ultimately, we make our recommendations based on the outcome of our findings.

Five Things Every New Colorado Betting Site Should Have

As always, before we recommend any sportsbook on our site, our review team checks it to see if it meets our standards. We have a list of set criteria that can impact your betting experience. The quality of the bonuses, the usability of the betting app, security, payment alternatives, payout speed, customer support, and available betting markets.

For each site we review, there is always a slight variation in their approach. For example, not every sportsbook offers 24/7 customer support. This could be a problem, especially if you hit a block while betting during odd hours. So, these are the five things we recommend you look out for before registering on any new betting site in Colorado.

1. Proper Licensing and Security

Any sportsbook without a valid Colorado Division of Gaming license is not worth our checks. So, this is one of the first things we look for in any New Colorado betting site. Of course, many new offshore international bookmakers operate independently without authorization from the CDG. We only concern ourselves with platforms legally approved in the state.

As a part of the provisions of the CDG, all betting sites must abide by the requirements of the law and ensure compliance with security, safety, and responsible gambling practices. For every new sportsbook, we review the type of security protocol it uses to ensure it can protect against third-party invasions. In most cases, a 128-bit SSL encryption is sufficient. Also, we check privacy terms, responsible gaming tools, and players’ protection. Indeed, a valid license is a confidence booster, and we ensure that only approved bookies are shortlisted.

new co sports betting sites

2. Competitive Odds and Promotions

Before you pick any new betting site in Colorado, you must check the odds and promotions they offer. The quality of the odds will determine your chances of winning any bet. Higher odds mean better prospects and more money. Check to see whether the sportsbook offers extremely high odds that are suspicious. Of course, many newbies may easily mistake extremely high odds for generosity. Usually, it’s the opposite. Similarly, when the odds are way lower than the standard across other betting sites, that’s a sign of a shady sportsbook.

Regarding promotions, this is a must-have in any new betting site. However, we thoroughly check the offer to ensure no hidden motives exist. We review the bonus amount, rollover requirements, supported payment methods, approved betting sports, markets, odds, and offer duration. We also look out for betting sites that offer many promotions like free bets, cashback, odd boosts, and VIP rewards.

3. User-friendly Interface

We had to point this out because many players might take it for granted. A user-friendly interface is just as important as every other feature on the site. It allows users to navigate and explore all the site options easily. Imagine entering a hotel but can’t find the reception desk for bookings or inquiries.

So, as we review these new sites, we check the speed, internet data consumption, and ease of access. Some sportsbooks go for visually appealing designs with very high graphics. While this is good, it affects the loading speed, which might cause you to miss a live bet. The ideal design should be appealing and easy to use, such that users can easily place bets and interact on the site.

4. Wide Range of Sports and Betting Options

Experienced players would agree that not all sites offer the same sports and betting markets. In a typical Colorado sportsbook, you will find more than 30 sports, including baseball, cricket, basketball, football, tennis, and horse racing. Most players have their sports preferences where they have vast knowledge in terms of the game rules and predictions. So, you do not want to use a sportsbook that does not offer your game of interest.

Moreover, the betting options usually vary. Sometimes, a sportsbook might offer you more options on a pre-match event which may not be available on other sites. So, in a typical football game, there might be the option to bet on total corners above 9.5 on Bookie A, whereas it is unavailable on B. So, we look for the best sites that cover all your favorite sports, betting options, and markets.

5. Multiple Payment Options

With the right payment options, depositing and withdrawing your funds will be easy. Usually, deposits are instant and straightforward, regardless of the banking option. However, it is not the same for withdrawals. Often, it can be frustrating if you use the wrong choice or fail to meet the conditions. So, while we search for new Colorado betting sites with multiple payment methods, we also ensure they have clear instructions.

Indeed, every top betting site must provide multiple choices for players. Traditional options like credit cards (Amex, Visa, and Mastercard) are prevalent with older bookies. However, we look out for e-wallets like Neteller, Skrill, PayPal, and other wallets because they are faster. Some sportsbooks also support bank transfers, PayNearMe, and Play+. As always, ensure that you check the terms of use before making your choice.

compare brand-new co online betting sites

Bonuses at New Colorado Sportsbooks

Every betting site in Colorado offers different bonuses and promotions to players. The idea is to boost your bankroll and chances of winning. However, not everything is as it seems, and not all offers are great.

First, we review the types of bonuses on a betting site. The more the offers, the better the ranking. However, we also scrutinize the promotions to ensure they do you more good than harm. Our findings show these are the most popular bonuses on new Colorado sportsbooks.

Deposit Bonus

The deposit bonus is an offer you’ll see on every betting site. It is a special welcome incentive that is offered to new players after they register on a sportsbook. Usually, it is a matched deposit offer meaning that the site equals your deposit by a percentage up to a fixed amount.

For example, a new Colorado betting site may offer a 200% bonus of up to $500 as the deposit bonus. In that case, the site will double whatever amount you deposit (200%), but the total cannot exceed $500. So, if you decide to fund your account with $250, you will receive an additional $500, making your account total $750.

When we review deposit bonuses, we look out for good percentages and the final amount. Some sportsbooks may offer 50% or 100% but with more to claim. So, we try to find a balance while considering the wagering requirements and other conditions.

No Deposit Bonus

A no deposit bonus is another welcome incentive where the player is not required to deposit. The offer is small compared to the deposit bonus, usually in the form of freebets. For example, a sportsbook might offer new users a no deposit bonus of $5 upon completing their account registration. Sometimes, it is attached to the deposit bonus. Typically, you can see an offer that says, get a 100% bonus up to $500 plus $5 free bets.

Cashback

This special type of bonus allows users to get back a percentage of their losses to boost their bankroll. So, just when you think you have lost everything from a wager, you will get a lifeline to redeem yourself, which is why cashback is very important.

Many sportsbooks offer different percentages of cashback deals to players. In most cases, VIP embers enjoy higher values depending on individual performances. So, as a new site member, your cashback entitlement may not exceed 10%. However, as you continue to use the site, it may increase up to 30%.

Meanwhile, some sportsbook has special deals on selected days. You may find daily cashback or weekend deals. Since the offer gives players a second chance, we prefer the latest Colorado sportsbooks with many cashback deals.

VIP and Loyalty Rewards

The VIP scheme is exclusive to players who have been using a particular sportsbook for an extended time. So, while there is an offer to get your attention, most new betting sites also plan to retain the players.

Most bookies claim that every player automatically becomes a member of the VIP scheme after the first deposit. That’s mostly true, except that there are different levels. So, as you continue to spend more money on the site, you grow up in ranking, which translates to more rewards. Some of the benefits you can expect from a typical program on a new betting site include:

  • Higher transaction limits
  • Express withdrawals
  • Personalized account manager
  • VIP customer support
  • Exclusive offers and free bets
  • Higher VIP cashback deals

Red Flags to Watch Out for at New Betting Sites in Colorado

Not every betting site that we review meets our expectations. So the next time you visit a new sportsbook, be wary of these indicators that can affect your experience.

Lack of Proper License

Once you find a new sportsbook that does not have a valid license from the CDG, that’s a red flag. The truth is that with the increasing number of offshore sportsbooks, there are chances you will find so many out there. So, always ensure you do your checks.

Negative Reviews

When a new betting site already has dozens of negative reviews, that’s a red flag. Do your research by checking feedback from other users. If these outcomes are consistent, then that is not a good sign.

Lack of Transparency

Most shady bookies are very corny regarding their policies. These sites usually offer mouth-watering deals. However, they are never transparent with the conditions making it difficult for players to enjoy the offer. So, if you find ambiguous requirements on a new betting site with no chance of clarification, even from customer support, it is best to stay away.

Poor User Interface

A new betting site should have an effortless and straightforward design. If there are issues with the loading speed and navigation controls, that’s a problem. It means players may encounter challenges when placing bets which are not great. Luckily, the sites we list on this page are player-friendly.

deposit bonus with new co betting sites

Since sports betting was legalized in Colorado in 2019, many sportsbooks have emerged. Most of these platforms provide dozens of sports across different markets. However, as expected, most sportsbooks focus more on the US markets.

The most popular sports include hockey, baseball, football,  boxing, motorsports, mixed martial arts, golf, soccer, boxing, and basketball. Usually, there are over 30 sports on average at these sportsbooks. So you can expect thousands of betting options from the UFC, ATP, WTA, PGA Tour, MLS, NASCAR, NBA, and NFL.

Meanwhile, many players also fancy betting markets outside the US. So, you can expect to see events from local and international leagues like the Spanish La Liga, Bundesliga, English Premier League, and other competitions.

New Betting Sites vs. Old Sportsbook: What’s Better?

There is always something unique about new things. It could be the new design and theme of the website, the friendly and interactive app, the generous bonuses, and modern betting tools. Meanwhile, the old bookies are not left out as they also have an existing reputation to protect. Below is a comparison of new vs. old betting sites.

Feature/Type of Sportsbook New Colorado Betting Sites Old  Colorado Betting Sites
🎲 Large betting markets 📌 Yes 📌 Sometimes
🎲 Live streaming and live bet 📌 Yes 📌 Not always
🎲 Reputable 📌 Not always 📌 Yes
🎲 Generous bonuses 📌 Yes 📌 Not always
🎲 Optimized website and app 📌 Yes 📌 Not always

Pros & Cons of New Betting Sites in Colorado

Pros

  • Responsive customer support
  • Decent bonuses and promotions
  • Competitive odds and high payouts
  • Innovative features and betting tools

Cons

  • Questionable reputation
  • Limited betting options

New Betting Sites by US state

Frequently Asked Questions About New Betting Sites in Colorado

Is it safe to play at new betting sites in Arizona?

That old sportsbook was once a new one. So, going for a new bookie in Arizona is entirely safe. However, before you register, ensure that you do some checks. Many offshore bookmakers are lurking around that may not be safe for you. Hence, ensure that the site has a valid license from the ADG.

Do new Arizona sportsbooks pay fast?

Yes, they do. However, this also depends on many factors. The type of payment method you choose can affect the payout speed. For example, e-wallet transactions only take a few hours, while ACH Transfers and credit cards take days.

Which sports are available at the new Arizona online sportsbooks?

The best Arizona sportsbooks offer a vast selection of sports. Usually, there are more than 30 sports like Darts, Golf, Hockey, Baseball, Football, etc.

Are new Arizona betting sites a scam?

No. These sites are safe as long as there is a valid license from the ADG. However, be wary of offshore betting sites and ensure you thoroughly check them.

What is the best new Arizona betting site?

Currently, dozens of Arizona betting sites compete for the top spot. As always, we carefully review each one, using our set criteria, before making our recommendations. You can check our site for guidance.

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