Both retail and online sports betting were legalized in Colorado by popular vote in November, 2019. After the state’s rules and regulations were agreed upon and finalized, sports betting launched in Colorado on May 1, 2020.
Betting is allowed on all professional and college sports, including colleges that call Colorado home. The only restriction on betting is a prohibition on individual college proposition bets and all bets involving high school athletes.
Because the opening of sports betting happened in the middle of the COVID-19 shutdown, retail sportsbooks opened slower than initially expected. Still, of the nearly 30 casinos that applied for a sports betting license, eight have brick-and-mortar operations open and taking wagers.
- Saratoga Casino (Betfred)
- Monarch Casino (BetMonarch)
- Wildwood Casino (BetWildwood)
- Golden Mardi Gras Casino (DraftKings)
- Red Dolly Casino (Elite Gaming)
- Johnny Nolon’s Casino (ISI)
- Ameristar Casino Black Hawk (Penn National)
- Isle of Capri Casino (William Hill)
All of the above sportsbooks are located in either Black Hawk or Cripple Creek, two of three cities in Colorado where casino gaming is allowed.
Available Sports Betting Apps in Colorado
- BetMGM App
- SBK Colorado
- Sky Ute Sportsbook
- theScore Bet
- William Hill
Unlike several other states that legalized sports betting in stages, Colorado did it the right way and made every kind of sports betting platform legal at the same time. That means that for a mid-sized state like Colorado, there is a large number of mobile apps already in operation.
Future Sportsbook Apps
In the unlikely event that one of the 12 current apps doesn’t have what you’re looking for, there are several more mobile sports betting operators set to launch in the near future.
- Barstool Sports
- Bronco Sportsbook
- Elite Sportsbook
- Twin River
Colorado Sports Betting Bonus Offers
Not only is consumer choice a significant advantage of such a large sportsbook market, but bettors in Colorado also benefit from many sportsbook incentives. Bringing in new customers is the lifeblood of a new sportsbook, and that means a plethora of sign up and deposit bonuses.
One of the most common incentives offered by Colorado sportsbooks is a risk-free bet for new customers. Sign up, make a deposit, place your first bet, and if that bet loses, you will be credited a free bet in the same amount – up to a predetermined limit. In some cases, that limit can be as high as $500 (BETMGM Colorado App, use code NJ1015, claim free bet promotion).
Another bonus offer that is featured by many sportsbooks is a deposit match for new customers. This is also up to a predetermined amount, but some books will offer as much as a 100% deposit match up to $500.
All deposit matches come with playthrough requirements before that money becomes cash in your account.
Legal Sports Betting Requirements for Colorado
The laws in Colorado are simple. If you are at least 21 years old and currently inside the state lines, you can place sports bets.
Best Bets in Colorado
With pro teams in all major American sports (NFL, MLB, NBA, NHL, MLS) and three FBS schools in the state, there is always a local team in season and available to bet. And many sportsbooks offer Colorado team-specific bets.
With the Broncos as an example, if you put a futures bet on them to make the playoffs, you will receive a portion of winnings for every victory they record. Similar bets can be found for the Nuggets, Avalanche, and Rockies, as well as team-specific odds boosters and wager insurance.