Colorado sports betting is an incredibly rich market with a large number of options to choose from for eager bettors.
We at BallisLife pride ourselves on using our top-tier expertise to give you all the information you need to enjoy the best Colorado sportsbooks. We believe we’ve not only found the best places to play but also the ideal bet types for all professional and college teams in the state. We also share our thoughts on the top welcome bonuses available to help you get started.
Colorado may not be the first state you think of when it comes to inclusivity regarding online sports betting, but there are 26 platforms available to bettors in the Centennial State. Sports betting was officially legalized in 2019 and launched on May 1, 2020.
With so many sites to choose from, picking the best online sportsbooks can be a challenge at times. When we evaluate the best Colorado sportsbooks, we’re looking for unique selling points that make them stick out from the competition. We also look at fundamental attributes of an online sportsbook, such as bonuses/promotions, user interface design, customer support, and available betting markets.
Below, we list our top five sites in the state and why they’re our favorites. Let’s check them out.
New players at SI Sportsbook will receive $200 in bonus bets when they wager just $20 and the bet wins. The $20 wager must be placed on a contest with +120 minimum odds to get the bonus bets. This is a bit higher than you’ll typically find for offers with minimum odds. Still, considering you’ll receive as much as $200 in bonus bets for such a minimal amount wagered, it makes sense. Just keep in mind, that unlike other bonus bet offers, your first bet must win in order for you to qualify for the bonus.
When you sign up, you’ll see a link to the Betfeed on the left-hand side of the page. Here, you’ll see recent bets that were made on the site. This is a nice resource to use to see how other bettors are faring.
With this being SI Sportsbook, plenty of Sports illustrated content is available on the site. There’s a “Related News” section that has content written by talented writers, and you can use the reports and analysis there to help inform your betting decisions.
If you’re unfamiliar with Tipico, you may be interested to know it’s an online sportsbook partnered with USA Today. The deal was originally struck for five years and $90 million as the German sports betting juggernaut Tipico made its way here to the United States.
So what’s on offer at Tipico? Let’s start with excellent customer support. It includes email, phone, FAQ, and live chat contact options. The representatives we encountered when researching were extremely competent.
As a new player at Tipico Sportsbook, you’ll be able to choose from three different offers:
The welcome bonus at BetMGM is a $1,000 first bet. With this offer, if you lose, you’ll get your wager back in bonus bets. If the wager is under $50, it will be a single bonus bet, whereas if you put down more than $50, you’ll get five bonus bets equal to 20% of the wager.
BetMGM is one of the few online sportsbooks that offer live streaming. This is reserved for international sports like soccer, cricket, and tennis, but you’ll be able to watch these games live on the site.
When it comes to betting types, you have a number of options. In addition to suggested One Game Parlays (same thing as Same Game Parlays), BetMGM has an “Easy Parlay” tool. This lists all upcoming games across all sports with moneyline, spread, and totals. This is a quick and easy way to build parlays before the first slate of games tips off.
FanDuel is one of the more well-known online sportsbooks and gaming entities. The site and mobile app are straightforward to navigate, with recognizable click logos to help you find your way around the site. The mobile betting app is streamlined, and it’s impossible to get lost.
This operator often puts on special deals for big events. For example, when the Super Bowl was coming up, FanDuel was offering new players a $3,000 no-sweat bet welcome bonus.
Having the ability to play certain contests for free helps those who may not have the largest bankroll. The available contests change regularly and have included a Super Bowl game and NBA-themed competitions.
At PointsBet, you’ll have access to a bet type known as PointsBetting.
To best describe this, let’s use an example.
Say the total on an NBA game is 202 points. You bet $10 on this to go over. Instead of receiving a payout based on odds, you’ll be paid the total of the number of points you’re correct by multiplied by your stake.
So if the final score is 210 points, you’d win $80.
New players at PointsBet will receive a $100 bonus bet each day for the first five days after they sign up. You must use each $100 free bet within 24 hours.
At PointsBet, you’ll have the opportunity to invent a bet with the “Name A Bet” feature. You’ll fill out a form describing what you want to wager on, and within 24 hours, PointsBet will either deny or accept your request and offer up betting odds.
Pros - This welcome bonus creates value for logging into the site five days a row, which is a win-win for both the player and PointsBet.
Cons - You’ll need to use the daily $100 bonus bets before they expire.
Pros - You’ll receive $200 in bonus bets for wagering just $20.
Cons - The minimum odds for the $20 you need to wager to get the $200 in bonus bets are +120, which is higher than we’ve typically seen in welcome bonuses.
Pros - This is an astonishingly high welcome bonus, considering the biggest risk-free bet amounts are $1,000 or $1,250.
Cons - Only available occasionally, so check the site for details
Pros - The $1,000 value is on the higher end of the first bet welcome bonuses. If the wager loses, you receive the bonus bets back in two ways. The first is a single bonus bet if the wager is under $50, and the second is five bonus bets equal to 20% of the wager if over $50.
Cons - Other than some sites having larger no-sweat bets, this offer has no notable cons.
Pros - There are three welcome bonuses, and the $250 deposit bonus is one of them. The wagering requirements are just 2x.
Cons - It’s a smaller welcome bonus than other sites.
Any online sportsbook launching in Colorado must first receive a license to operate from the Colorado Division of Gaming. You’ll find the licensing credentials listed on a page on legitimate online sportsbooks. A way to check which vendors are legal is by visiting the Colorado Division of Gaming site.
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In Colorado, there are professional teams in all four major United States sports—football, baseball, basketball, and hockey.
These are the most common ways to bet on these sports:
Below, we’ll take a look at the professional teams in the state and the more notable college teams.
As mentioned, there is a professional team for each major sport. These include the following:
On top of this, there are a number of notable college programs, including at the University of Colorado, Colorado State, and Air Force.
Generally speaking, you’ll have all of the same bet types available; however, there are some differences.
In baseball, you’ll have the run line as opposed to the point spread. This is always 1.5 in either direction, so the odds differ vastly depending on who’s playing. In hockey, you’ll have the puck line, which is exactly the same.
Each sport features prominent championships:
For college, there are no restrictions, and you can even bet on the draft for the NFL, so becoming familiar with these players could assist with those wagers.
When you open the FanDuel mobile app and get to the homepage, you’ll see the following links at the top of the app: horse racing, DFS, login, and register. Under this is a horizontal menu for live betting, promotions, boosts, and available sports. There’s also a carousel-like menu promoting the available promotions and bonuses.
The homepage defaults to the significant upcoming games, but you can visit a page dedicated solely to the sport you want to bet on. There’s also a menu along the bottom of the app with links to the homepage, a list of sports, betslip, horse racing, and your account link.
Starting at the top of the app, you’ll find a link to log in/register and an account icon. The account icon opens a menu for rewards, banking, and more.
Below are several menus, including one for the sportsbook, quick parlay, social, promotions, and available sports, and one that hosts upcoming games filtered by sport.
There’s also a menu along the bottom of the app for the homepage, live betting, the betslip, a list of available sports, and rewards/promotions.
Tipico starts with a drop-down menu at the top for sports betting, live betting, and available promotions.
Below is a menu for odds boosts, live betting, promotions, and rapid bets. As you continue down the homepage, you’ll see an array of critical upcoming games that you can bet on, a menu of the available sports, and featured games.
The homepage also has a link to learn more about the three welcome bonuses and a static menu across the bottom of the app for the homepage, a list of sports, betslip, and your bet history.
At the very bottom of the homepage, you’ll find a link to contact Tipico.
Colorado is a massive state for online sports betting that shouldn’t be overlooked. Discovering the number of online sportsbooks in this state was jaw-dropping.
With so many options, we strongly encourage seeking out each site because you’ll have access to numerous welcome bonuses.
We highly recommend checking out the five online sportsbooks we discussed above, as we’re confident these are the best in the state. However, if you find something else, that’s fine. Everyone has their own preferences, and the important thing is to find what works for you. Don’t forget to use this page as a handy resource to guide you on your betting journey.
By checking out our operator reviews. These reviews contain full details of each online sportsbook in Colorado, plus all the latest bonus offers for new players. Our reviews are regularly updated as new operators join the market and new offers are introduced.
Yes. Online sports betting has been legal in Colorado since 2019. Most of the leading sportsbooks in the United States have already launched in the Free State. This includes the likes of BetMGM, SI Sportsbook, and BetRivers.
Yes. Many operators have joined the Colorado market in the last couple of years, and many of them are offering excellent deposit bonuses. For instance, DraftKings is giving new players a 20% deposit bonus of up to $1,000, while BetMGM has a 100% matched deposit bonus of up to $1,000.
Yes. You will regularly find NFL-specific offers during the NFL regular season and playoffs. You can also use many standard sports betting promotions on NFL markets. For example, the FanDuel $1,000 no-sweat first bet can be used on an NFL game, as can the Betfred new player offer, which gives players $250 in bonus bets when they wager $50.
Two of the best are Betfred and FanDuel. Both operators have a fantastic range of betting markets, great offers, and competitive markets.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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