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Colorado Sports Betting

CO Online Sportsbooks & Promo Codes

Colorado

Colorado sports betting is legal! The Centennial State was the 19th state to legalize sports betting, but it might have the best situation of any new legal state for bettors. Colorado has full online sports betting on sites and apps, plus a low barrier to entry for operators, which is creating healthy operator competition that will benefit consumers. Here's what you need to know about Colorado sports betting from top sportsbooks and promotions to current betting markets and educational resources.

Gambling problem? Call or Text 1-800-GAMBLER

Betr Colorado

Betr has acquired access to bring their Betr Sportsbook to Colorado in the future! We will update you with more information once we know when that launch is officially happening.

Is Sports Betting Legal in Colorado?

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

Colorado Sports Betting Key Takeaways

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

🤔 Is CO Sports Betting Legal? Yes, as of May 2020

🚀 CO Mobile Sports Betting Launch Date

May 1

📰  Latest CO Sports Betting News

Sportsbooks generated 509.5 million in April, which was the lowest result since last September

👍 Live CO Sportsbooks

BetMGM, bet365ESPN BET, Fanatics Sportsbook, Caesars, Betfred, SI Sportsbook, BetwayFanDuel, BetRivers, SuperBook, DraftKings, and PrizePicks (free version only)

Betr will be launching in the future

✅ Last Verified June 19, 2024

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 (CDG) regulates gambling in the state, and its responsibilities will include the regulation of sports betting. The commission is in charge of collecting license application fees, issuing operator licenses, and overseeing online sportsbook activities.

Details of the CO Sports Betting Bill

Here are the key facts to note about HB 1327, the Colorado sports betting bill.

  • 10% tax rate
  • Up to 30 online sportsbooks are permitted to operate
  • Every online operator is required to partner with a pro sports team or sports venue, or casino.
  • Betting on all major sports markets is allowed except college player props
  • Bettors must be 21+ to place legal wagers

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 a few sportsbooks, and will eventually have more than a dozen, so you'll be able to shop for the best lines. But you have to start with one. Let's start with BetMGM! If you want signup 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 fair 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 (or navigate if you're on a computer)
  • Enter your bet amount
  • Submit

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 May 1, 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. In the meantime, the Division of Gaming licensing office has adapted processes to enable licensing services for prospective operators and vendors.

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.

April 2020

SuperBook USA launches in the Lodge Casino in Black Hawk, CO. As one of the smaller book operators in the CO market, SuperBook hopes to secure their foothold in 

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.

How Colorado Sports Betting Compares to Other States

We took a look at Colorado's sports betting bill — mobile availability, sportsbook options, available markets and more. Here's how the state lines up vs. the rest of the U.S.

Colorado's sports betting market is something special for sports fans as well as experienced and novice bettors alike. Why? Colorado has the best — aka the least restrictive — sports betting bill of any newly legal state in the nation. Colorado's arrangement checks all the important boxes and is even better than well-known existing mature markets like in New Jersey (no betting on college teams from the state) or Nevada (in-person registration requirements).

It's easy for potential bettors to sign up online and there's a low barrier to entry, so plenty of sportsbooks are launching in Colorado. There are no overly restrictive constraints on bet types, like collegiate athletics.

With plenty of beloved pro teams and local activity to bet on, the state will be an attraction for bettors. Due to the ease of mobile betting, we wouldn't be surprised to have commuters travel over state borders to bet in Colorado with sports returning from their pandemic hiatuses.

Lightbulb icon for tax section header How do taxes work with sports betting winnings (or losses)?

Whether you play online on a mobile device or at a physical sportsbook in The Centennial State, all sports betting winnings (and other gambling, including fantasy football) above $600 a year are taxed and must be reported. That amount could come from one big bet or smaller bets that add up to $600. The other details:

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 and basketball, more NCAA sport types will come online
  • 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.

Where to Bet on Sports in CO

Online & Via Mobile Apps

For now, the most straightforward method to bet legally is online or via your mobile phone through one of the currently live sportsbooks: DraftKings, Caesars, BetMGM, FanDuel, SI Sportsbook, BetRivers, Fanatics Sportsbook, Betway and Betfred. You will need to be within state borders — the sportsbooks will verify your location before you can commit to any bets.

In-Person Betting at CO Casinos and Professional Sports Venues

Longer-term, Coloradans will have plenty of options from stadium sportsbooks to casinos in real life. The launch of these venues as sports betting destinations will be announced separately when they are ready to do so. Betfred Sportsbook at the Saratoga Casino and the SI Sportsbook at the Colorado Grande Casino have full sportsbook offerings open to the public already. For more information, we detail all existing, potential, and known in-progress physical betting destinations in the "Sportsbook Partnerships" section and within the "Locations" information at the end of the page. 

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!

Retail Sports Betting

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

Daily Fantasy Sports

While Colorado doesn't have laws in place that prohibit DFS apps, residents can still participate in some available in the state, including PrizePicks.

When signing up, enter the PrizePicks promo code ACTION6 to Get a $100 INSTANT Deposit Match!!

Horse Betting

While there are currently no active horse racing operators in the state, horse betting is legal in North Carolina.

Lottery

The North Carolina Education Lottery allows bettors to participate in various in-person and online lottery games.

Colorado Sportsbooks

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

Fanatics Sportsbook CO

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

Get a $200 Bet Match for Five Straight Days!

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 starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
Fanatics Sportsbook vs Other Sportsbooks starstarstarstar

Fanatics Terms & Conditions

Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (CO/IL/KS/KY/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or http://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 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) 

BetMGM logo

BetMGM

"The King of Sportsbooks" joined The Centennial State's market 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

Exclusive: 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 starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstarstar
BetMGM vs Other Sportsbooks starstarstarstarstar

BetMGM Terms & Conditions

21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, 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), or Call 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.

FanDuel logo

FanDuel

Here's the low-down on the welcome offer that new FanDuel users can redeem:

FanDuel Promo 

Bet $5, Get $200 in Bonus Bets If Your Bet Wins + Bonus/Boosts Everyday!

This promo ends soon - sign up now!

FanDuel Promo Code

There is no promo code required to claim the FanDuel offer

Action Network Score

9.6/10. See our FanDuel Promo Code and review for more in-depth information about FanDuel and step-by-step instructions on how to sign up.

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

FanDuel Terms & Conditions

New players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, PA, OH, TN, VA, VT, WV, WY only. Full T&C apply.

bet365 banner logo

bet365

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

bet365 Promo

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 starstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
bet365 vs Other Sportsbooks starstarstarstar

bet365 Terms & Conditions

New players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, NC, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply.

Caesars logo

Caesars Sportsbook 

Caesars Sportsbook (formerly known as William Hill) is one that 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

Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn't Win!

Caesars Sportsbook Promo Code

ACTION221000

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 starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
Caesars vs Other Sportsbooks starstarstarstar

Caesars Sportsbook Terms & Conditions

21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IL, IN, KS, KY, LA, MA, MI, NC, NJ, NY, OH, PA, TN, VA, WV, and WY only. Know When To Stop Before You Start.® Gambling Problem? IL, MD, NJ, OH, PA, TN, VA, WV: Call 1-800-GAMBLER. MA: CALL 1-800-327-5050 or visit gamblinghelplinema.org. NY: Call 877-8-HOPENY or text HOPENY (467369)

ESPN BET VA Logo

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 $1,000 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 starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
ESPN BET Sportsbook vs Other Sportsbooks starstarstarstar

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.

DraftKings Logo

DraftKings

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

DraftKings Promo

Bet $5, Get $150 in Bonus Bets - Instantly!

DraftKings Promo Code

No promo code is required to claim the DraftKings sign-up offer

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 starstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstarstar
DraftKings vs Other Sportsbooks starstarstarstarstar

DraftKings Terms & Conditions

21+. Gambling problem? Call 1-800-GAMBLER (1-800-426-2537) (CO/IL/IN/KS/LA/MD/ME/MI/NJ/NC/OH/PA/TN/VA/VT/WV/WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).

Colorado DFS Platforms

PrizePicks Logo CO

PrizePicks

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

PrizePicks CO Promo

N/A

PrizePicks Promo Code

N/A

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 starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
PrizePicks vs Other Sportsbooks starstarstarstar

Gambling problem? Call or Text 1-800-GAMBLER

Sportsbooks Partnered with Colorado Sports Teams or Venues

 

Sportsbook operators are required to partner with a sports team or casino in order to legally operate in Colorado.

Check out the list of partnerships below 🤝

bet365 ⚾️ Colorado Rockies and Century Casino
Betfred 🏈 Denver Broncos, Colorado Rockies, and Saratoga Casino
BetMGM 🏈 Denver Broncos and Midnight Rose Casino
Betr Boulter Developments (pending approval)
BetRivers 🎰 J.P. McGill's Hotel and Casino
Betway 🎰 Bonanza Casino
Caesars Sportsbook 🎰 Grand Z Casino Hotel, Isle Casino Hotel Black Hawk, Lady Luck Casino Black Hawk, and Z Casino
DraftKings ⚾️ Colorado Rockies, Golden Gates Casino, and Mardi Gras Casino
ESPN BET 🎰 Ameristar Casino Resort Spa Black Hawk
Fanatics Sportsbook 🏒 Colorado Avalanche, Denver Nuggets, Denver Broncos, and Double Eagle Hotel & Casino
FanDuel 🏈 Denver Broncos
SI Sportsbook 🎰 Colorado Grande Casino
SuperBook Sports 🎰 Black Hawk Casino, The Lodge Casino at BH
Tipico Sportsbook ⚽️ Colorado Rapids and Century Casino

Why Sign Up for CO Sports Betting Sites?

Sportsbooks in the state are regulated by the Colorado Division of Gaming, so you can trust your accounts are safe when placing bets. 

Banking With CO Sports Betting Sites

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

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

💳 Credit Card Deposit ✅ Withdrawal ❌
🏦 ACH/Bank Transfer Deposit ✅ Withdrawal ✅
💸 PayPal Deposit ✅ Withdrawal ✅
🔵 Venmo Deposit ✅ Withdrawal ✅
📱 Apple/Google Pay Deposit ✅ Withdrawal ✅

Legal Retail Sportsbooks in CO

There are several retail sportsbooks in Colorado, which offer Betfred, Betway, BetRivers, Caesars Sportsbook, and DraftKings. Check them out some of them below 👇

  • Bonanza Casino - 107 Main St, Central City, CO
  • Grand Z Casino Hotel - 321 Gregory St, Central City, CO
  • Isle Casino Hotel Black Hawk - 401 Main St, Black Hawk, CO 
  • J.P. McGill's Hotel and Casino - 232 Bennett Ave, Cripple Creek, CO
  • Lady Luck Casino Black Hawk - 340 Main St, Black Hawk, CO
  • Mardi Gras Casino - 300 Main St, Black Hawk, CO
  • Saratoga Casino - 101 Main St, Black Hawk, CO
  • Z Casino - 101 Gregory St, Black Hawk, CO

Colorado Sports Betting Revenue

Colorado sports betting has been legal for several years. Since it's launch Colorado sports betting has seen a steady increase in tax revenue from legalized wagering.

  • Each operator is taxed at 10% annually
  • Revenue from sports betting tax notably supports the Colorado Water Plan

Colorado Sports Betting Tips

Basketball icon Sports Betting for Beginners 

If you’re new to sports betting in Colorado, you likely have questions: How much should you be betting? Where should you be betting on the Nuggets win totals? How do you find the best odds for a Broncos game? Every sport and bet type comes with different nuances. 

Our betting education hub can help you make savvier decisions come game time. 

Baseball icon Sports Betting Glossary 

Sports betting comes with its own language and terminology — favorites and underdogs, spreads and money lines, over/under and props, juice, and vig, and so much more. It can all be a bit overwhelming and intimidating for newer betting enthusiasts, so be sure to consult our sports betting glossary for detailed definitions of all the main terms. 

Don't worry: the online sportsbooks we recommend will also help define these terms within their product to make everything easier for you to understand, too. 

Football icon Sports Betting Mistakes to Avoid 

Whether you’re betting on the Rapids game totals or Rockies futures, sports betting isn't easy. It’s important to stay disciplined and not overextend yourself. There will always be ups and downs, but if you stay true to our betting mistakes to avoid, your sports betting experience will be a much more enjoyable one. 

Colorado’s Department of Revenue, Gaming Division, offers tools to help bettors manage behavior responsibly as well.

Pro Teams to Bet on in CO

Colorado Sports Teams & Sportsbook Partnerships

The Latest News in Colorado:

  • The Colorado Rockies lost 9-5 to the Los Angeles Dodgers, with Shohei Ohtani's three hits and James Paxton's seven strong innings leading the way. This game marked the start of a four-game series between the first-place Dodgers and the last-place Rockies in the NL West.

What to Keep an Eye on:

  • The Colorado Rockies will face the Los Angeles Dodgers on Tuesday at 6:40 p.m. MT at Coors Field, with left-hander Austin Gomber starting for Colorado. The Rockies are currently underdogs against the Dodgers, favored at -180. Los Angeles will start right-hander Walker Buehler for the game.

Professional Team Licenses

Eight in-state professional sports organizations have petitioned and been approved to open books under the law in PA and have grand plans for local bettors. Here are the current partnerships:

  1. Colorado Avalanche & Fanatics Sportsbook
  2. Colorado Rockies & bet365
  3. Colorado Rapids & Tipico Sportsbook
  4. Denver Broncos & Betfred
  5. Denver Nuggets & Fanatics Sportsbook

Pro Sports Teams

Colorado has five professional sports teams, each with its own rabid fan base. You can bet via mobile and attend live pro games in person.

NFL Logo NFL Betting in Colorado 

Denver Broncos Logo Denver Broncos and Betfred

The Denver Broncos have been in a partnership with Betfred since Sept. 2021 and are offering a lounge outside of Empire Field at Mile High during home games. Amenities include exclusive fan contests, odds, boards, a bar & entertainment area, and brand exposure inside the stadium. Please note that bettors are only able to place wagers on their mobile phones at this location. 

Denver Broncos Odds

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

NBA LogoNBA Betting in Colorado

Denver Nuggets Logo Denver Nuggets and Fanatics Sportsbook

PointsBet was the "old" partner of the Nuggets, but after being acquired by Fanatics in 2023, the giant sports brand now is partnered with Denver's NBA team. The partnership officially switched over on December 4th, 2023, and now many Nuggets fans can see Fanatics Sportsbook branding throughout the Ball Arena.

Denver Nuggets Odds

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

MLB Logo MLB Betting in Colorado

Colorado Rockies logoColorado Rockies and bet365

The Rockies and bet365 recently announced a three-year partnership on April 5, 2023, offering fans and bettors amenities such as exclusive events and contests, and branding around Coors Field and digital platforms. Bettors can also take advantage of exciting odds boosts throughout the MLB season. 

Rockies Odds

MLB Game Odds: Los Angeles Dodgers vs. Colorado Rockies

Below is a selection of odds for the upcoming MLB game: Updated June 19, 2024 - Odds Provided by BetMGM - Subject to Change

Team

Spread 

Moneyline 

Total

Los Angeles Dodgers

(-1.5) -120

-185

Over 11.5 (-115)

Colorado Rockies

(+1.5) +100

+150

Under 11.5 (-105)

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

NHL Logo NHL Betting in Colorado

Colorado Avalanche logo Colorado Avalanche and Fanatics Sportsbook

Fanatics' deal with Kroenke Sports & Entertainment in 2023 also included the Avs. Fans and bettors alike have access to the Fanatics branding around the Ball Arena and across digital media platforms.

 Avalanche Odds 

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

MLS LogoMLS Betting in Colorado

Colorado Rapids logo Colorado Rapids - No Sportsbook Partner

The Colorado Rapids were one of the charter soccer clubs when MLS began to play in 1996. The Rapids appeared in the MLS Cup in 1997, then got back again in 2010 and won it. Colorado was also runners-up in the 1999 U.S. Open Cup. The Rapids play at DICK'S Sporting Goods Park in Commerce City, a Denver suburb. Robin Fraser coaches them.

Recommended resource to help you bet on soccer in Colorado:

College Sports Teams

College sports fans are excited for sports to fully return because there's plenty of action to be had. Here's more on the top college programs and rivalries in Colorado.

 NCAA football icon logo College Football Betting in Colorado

Colorado Buffaloes Football

The Buffaloes won the college national championship in 1990, going 11-1 with star running back Eric Bienemy and winning the infamous Fifth Down Game against Missouri and a controversial 10-9 win over Notre Dame in the Orange Bowl. That was Colorado football's crowning achievement, though the Buffs have 27 conference titles to their name.

Colorado played in the Big Eight nearly 50 years before being one of the founding members of the Big 12 Conference in 1996. The Buffaloes now play in the Pac-12 Conference, which they joined in 2011. Colorado has played its home games at Folsom Field in Boulder for almost a century. The Buffaloes are coached by Karl Dorrell.

Colorado Buffaloes Odds

Colorado State Rams Football

The Rams play in the Mountain West Conference. They've won 15 conference titles over the years. Colorado State recently opened its new Canvas Stadium on campus in Fort Collins in 2017 after playing at Sonny Lubick Field for almost five decades.

Colorado State Rams Odds

Air Force Falcons Football

The Falcons are one of the three major U.S. service academies with a football team at the FBS level. Air Force was one of the founding members of the Mountain West Conference. In addition to competing for their conference title, Air Force also competes with Army and Navy each fall for the prestigious Commander-in-Chief's Trophy.

Air Force leads the three service academies with 20 Commander-in-Chief's Trophies. The Falcons also have three conference titles. They play their home games at Falcon Stadium in Colorado Springs and have been coached by Troy Calhoun for over a decade.

Air Force Falcons Odds

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

NCAA Basketball Logo College Basketball Betting in Colorado

Colorado Buffaloes Men's Basketball

Like their football counterparts, the Buffaloes joined the Pac-12 for the 2011-2012 season, and they immediately won the conference tournament. Colorado's only conference tournament wins, though they have 19 regular-season conference titles all before 1970. Suffice to say. The Buffs are not exactly a national powerhouse, though they made the Final Four in 1942 and 1955 and claimed that the NBA champion Chauncey Billups as their most famous alum. Tad Boyle coaches the Buffaloes. Colorado has only one NCAA Tournament win this century.

Colorado Buffaloes Odds

Colorado State Rams Men's Basketball

The Rams play in the Mountain West Conference. Colorado State has won four regular-season conference championships, most recently in 1990 in the WAC. The Rams have appeared in 10 NCAA tournaments. They've won four times there, most recently in 2013, and made the Elite Eight in 1969. The Rams play their home games at the Moby Arena in Fort Collins and are coached by Niko Medved.

Colorado State Rams Odds

Air Force Falcons Men's Basketball

Air Force competes in the Mountain West Conference and has one regular-season conference championship in 2004. The Falcons have four NCAA tournament appearances, most recently in 2006, but have yet to win a March Madness game. The Falcons play their home games at the Clune Arena in Colorado Springs. Air Force is proud to call legendary NBA coach Gregg Popovich its most famous basketball alum.

Air Force Falcons Odds

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

Official NCAA Ice Hockey Logo College Hockey Betting in Colorado

Denver Pioneers Men's Hockey

Denver is a hockey town, and it's not just because of the Colorado Avalanche. The Pioneers are one of the best men's hockey programs in the nation. They are tied for the second-most all-time NCAA national championships with eight, one short of Michigan's record, with the most recent one coming in 2017. Denver plays in the National Collegiate Hockey Conference and has sent over 75 players to the NHL, and ever counting. The Pioneers play their home games at Magness Arena in Denver. David Carle coaches them.

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

Other Events

Most of Colorado's sports betting events center around their professional teams. Recently, there was even a major move of a partnership between sportsbooks and leagues in Colorado. The Denver Broncos have taken strategic steps to partner with BetMGM. 

Their home stadium will have exclusive BetMGM Lounge and VIP travel packages, making Broncos games a premier sports bettor destination. 

Colorado is also a NASCAR destination, hosting short track races at Colorado National Speedway in Dacono, Colorado, north of Denver.

More Reading on Colorado

For more on Colorado’s Laws and Regulations for Gaming, see here, or check out the Limited Gaming Act. If you want to dive into the deep legal details: here is Colorado House Bill 1327, which was a precursor to Proposition DD, that narrowly passed to the surprise of many locals.

For more on the regulation of the legalized sports betting in Colorado, you can browse the state websites for the Colorado Limited Gaming Control Commission and the Colorado Division of Gaming

The CDC Gaming Reports publishes regular gaming news and analysis, which has a wealth of content on the history of Colorado sports, both aggregated and produced.

For local Colorado sports coverage to supplement The Action Network, you can also check out columns in The Denver Post, The Gazette and The Chieftan.

Discover top Denver sports bars to watch your action unfold. If you want to catch a game at a local sports bar while following the action on your phone, Thrillist has the article for you. Check out The Most Fun Sports Bars in (and Around) Denver.

Tap into the Colorado sports fan community with DNVR Membership. To connect with other passionate Colorado sports fans, you can join the DNVR family. DNVR has exclusive subscription local journalism, game analytics and even locker room audio — all rich content for a sports bettor. They even throw watch parties. Want in? Learn more about DNVR.

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

Colorado Betting Destinations

Saratoga Casino

Retail Sports Operator: Betfred. With over 1,200 slot machines, electronic table games, and keno and video poker, Saratoga Casino has a lot to offer. It also has six restaurants and bars, live entertainment, and live racing.

Monarch Casino Blackhawk

Retail Sports Operator: Monarch Casino Blackhawk. Monarch Casino Blackhawk houses a sportsbook that uses its own BetMonarch app. In addition to betting on athletics, the resort will soon get some athletic features of its own; a fitness center, pool, and spa are on the way.

Golden Mardi Gras Casino

Retail Sports Operator: DraftKings. The DraftKing Sportsbook at Mardi Gras Casino Black Hawk opened July 10, just over two months after legal sports betting launched in the Centennial State. The Casino also has slots, table games, and poker, as well as seven different bars and restaurants.

BetWildwood (ISI)

Master: Wildwood Casino. Called Woody's Sportsbook and located in Cripple Creek, the Wildwood sports betting scene is a solid one for those in the area. The sportsbook features a TV wall, betting kiosks, a full bar, and food. The book launched in July, and launch promotions are available via registration. Online betting is available.

Ameristar Casino Black Hawk

(Launched 07/21/20) Retail Sports Operator: Ameristar Casino Black Hawk. The sportsbook at Ameristar Casino Black Hawk features five sports betting terminals and 20 sports betting kiosks, which are located in Bar 8042. The sportsbook is temporarily located on the second level of the casino while a permanent area int he main rotunda is built.

Johnny Nolon’s

(Launched 08/1/20) Retail Sports Operator: ISI. Known for its loose slot machines, Johnny Nolon's is located in Cripple Creek, similar to Wildwood Casino. The casino also has drawings, and there is a dining room where food can be ordered.

Colorado Grande

(Launched 08/3/20) Retail Sports Operator: ISI. In addition to gaming and sports betting opportunities, rooms at Colorado Grande are considered complimentary for qualified casino guests. The casino also includes dining options such as Jack's Cafe, Maggie's Restaurant, and Maggie's Club.

Colorado stadium

Steve Petrella runs The Action Network’s written content team, which specializes in industry news, betting advice on specific games and slates, betting education and more. He got his start betting about 10 years ago, and got his first job in the sports betting media industry since 2015. Prior to joining Action in 2018, he worked for Sporting News, MLB.com and Cox Media Group.

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Colorado Sports Betting FAQ
Commonly asked questions about sports betting in The Centennial State.
Who regulates legal sports betting in Colorado?
The Colorado Limited Gaming Control and the Colorado Division of Gaming will regulate and oversee legal sports betting within the state.
How old do I have to be to bet on sports in Colorado?
In order to place a legal sports wager in Colorado you must be 21 years of age.
What Colorado sports betting rules should I know?
Bettors in Colorado can bet on all professional and college sports; however, they cannot bet on high school sports. Not all prop bets will be allowed, nor will certain e-sports. The Colorado regulators — Colorado Limited Gaming Control and the Colorado Division of Gaming — will have authority on what bets and props are allowed in the state. Operators will be allowed to apply with regulators to add certain bet types.
When will sports betting be legal in Colorado?

Colorado sports betting was approved in November 2019, and operators were allowed to start taking legal bets on May 1, 2020.

Is it legal to bet on college sports in Colorado?
Yes, Colorado regulators have approved operators to offer bets on professional and college sports. One stipulation: The state does not currently allow bettors to wager on prop bets in college games; you’re only permitted to bet on the game’s outcome. Betting on high school sports will not be allowed.
Can I place a bet online in Colorado?
Yes, Colorado has fully approved online and mobile betting, which will launch May 2020. Bettors will be able to deposit funds into sports betting websites and apps and place bets if they’re within state limits.
Do I need to be a Colorado resident to be able to bet on sports online?
No, you do not need to be a Colorado resident to be permitted to bet on sports in the state. You simply need to be within the state’s borders. Each sportsbook’s mobile app will detect your location, and as long as you’re in Colorado, you’ll be allowed to open an account and place bets.
Can I bet on my phone in Colorado?

Yes, several operators, including DraftKings, FanDuel, Fanatics Sportsbook, BetMGM and BetRivers have mobile apps that bettors will be able to use to wager. If previous states are any indication, the vast majority of bets in Colorado will be placed online, given the ease of signing up for and betting from an account remotely.

Where can you gamble in Colorado?
Bettors in Colorado will be able to bet anywhere within state limits if they use operators with online and mobile app functionality. Physical casinos in Black Hawk, Central City and Cripple Creek will also likely open sportsbooks where bettors can wager in person if you’d prefer to do so.
Is Bovada legal in Colorado?

Offshore books like Bovada are not legal in Colorado. Operators that have been approved to offer bets in the state include DraftKings, FanDuel, Fanatics Sportsbook, BetMGM, BetRivers, Circa, SuperBook, Wynn, BetAmerica, Smarkets and Betfred, along with physical casinos with sportsbooks.

How do payouts work?
You can request a payout no matter where you are, and most sportsbooks will wire the money directly to your bank account. If you come into Colorado from out of state and win money, you can cash out even if you’re back home.
What sports can I bet on?
Colorado will have arguably the best betting menu of any state in the U.S., with all the normal sports available, plus eSports. The only big market we know won’t be available is player props for college sports.
Can I deposit with a credit card?

Yes. Credit cards will be the most popular option, with the following also available:

  • Prepaid card
  • Direct deposit from bank account
  • Digital wallet (PayPal, Skrill, etc.)
  • Cash or check
Do I have to pay taxes on sports betting winnings?

Colorado sportsbook operators will pay a 10% tax that will be effectively invisible to the consumer. But your sports betting winnings are taxable. An operator will send you a W-2G form if you win more than $600 with that sportsbook. You can write off gambling losses as a tax deduction, but only if you also report money won as taxable income. You also need to itemize your deductions — you can’t claim any gambling losses with a standard deduction. The amount of gambling losses you can deduct can’t exceed the winnings you report as income. With $2,000 in winnings but $4,000 in losses, your deduction is limited to $2,000. You can’t write off the other $2,000 you lost.

Claim Promo Code Offers from CO Sportsbooks

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 CodeDraftKings Promo Code

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

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