Colorado Sports Betting Apps

Sports betting is available at more than two dozen Colorado sportsbooks. Colorado Sharp has all the info you need to get started betting at legal Colorado sportsbooks, both in-person at casinos or with online sportsbooks like DraftKings, BetMGM, FanDuel, and BetRivers.

Colorado sports betting apps are taking wagers right now and offering great bonus offers for the NFL 2021-2022 season! There are hundreds of different ways to bet on either your desktop or your mobile device. And it’s all legal and regulated by the same agency that regulates casinos in Colorado, so you know the sportsbooks are fair and your money is safe.

Only Sportsbooks Approved by

Colorado Department of Revenue

Stay safe – play at legal and licensed online sportsbooks

Top-Rated Colorado Online Sportsbooks For May 2022

$1,050$50 Free Bet + 20% Deposit Match Up To $1,000
DraftKings Sportsbook Colorado Review

4.8

Sportsbook Rating: Excellent

Pros

  • $50 free bet + 20% deposit match Up To $1,000
  • Top rated sportsbook app & website
  • Daily odds boost promotions

Cons

  • Average customer service
Licensed in Colorado
Payout Speed 1-2 Days
Bonus Offer $1,050
Banking Options
$1,000Risk Free Bet - Use Code SHARP
BetMGM Sportsbook Colorado Review

4.8

Sportsbook Rating: Excellent

Pros

  • $1,000 risk free bet using bonus code SHARP
  • Earn M Life rewards
  • Daily odds boosts

Cons

  • Average welcome bonus
Licensed in Colorado
Payout Speed 1-2 Days
Bonus Offer $1,000
Banking Options
$1,100First Bet Insurance - Use Code SHARPBETCZR
Caesars Sportsbook Colorado Review

4.5

Sportsbook Rating: Very Good

Pros

  • $1,100 first bet insurance with promo code SHARPBETCZR
  • Weekly NFL promos
  • In-play betting

Cons

  • Average odds
Licensed in Colorado
Payout Speed 1-2 Days
Bonus Offer $1,100
Banking Options
$250Deposit Match Bonus - Use Code SHARP250
BetRivers Sportsbook Colorado Review

4.6

Sportsbook Rating: Very Good

Pros

  • 100% deposit match up to $250 with bonus code SHARP250
  • Only 1x playthrough requirement
  • Stream live sports

Cons

  • App not as strong as competitors
Licensed in Colorado
Payout Speed 1-2 Days
Bonus Offer $250
Banking Options
$500Risk Free Bet - Use Code SHARPBET
Betfred Sportsbook Colorado Review

4.1

Sportsbook Rating: Good

Pros

  • Up to $500 bonus with promo code SHARPBET
  • User-friendly app & website
  • Several years in industry

Cons

  • Odds not always competitive
  • Welcome bonus not as strong as competitors
Licensed in Colorado
Payout Speed 1-2 Days
Bonus Offer $500
Banking Options
$1,000100% Deposit Match
MaximBet Colorado Review

4.5

Sportsbook Rating: Very Good

Pros

  • 100% deposit match up to $1,000
  • Competitive underdog odds

Cons

  • App not as strong as competitors
  • Does not accept PayPal
Licensed in Colorado
Payout Speed 72 Hours
Bonus Offer $1,000
Banking Options
$1,000Risk Free Bet
FanDuel Sportsbook Colorado Review

4.6

Sportsbook Rating: Very Good

Pros

  • Risk free bet up to $1,000
  • Popular sportsbook app & website
  • Excellent promotions

Cons

  • Average customer service
Licensed in Colorado
Payout Speed 1-2 Days
Bonus Offer $1,000
Banking Options

Colorado Sports Betting Updates

In case you missed it, here are some of the latest news headlines from Colorado Sharp.

  • April 20, 2022: The Rockies’ Charlie Blackmon signed with MaximBet.  Blackmon became the first Major League Baseball player to have an endorsement deal with a sportsbook,
  • March 8, 2022: The Denver Broncos acquired Russell Wilson from the Seattle Seahawks in a blockbuster trade. Their Super Bowl odds have improved at all sportsbooks.
  • March 1, 2022: Colorado Division of Gaming announced  that the state broke its monthly record for sports betting handle in January 2022, taking $573.7 million worth of wagers.
  • January 28, 2022: Colorado Division of Gaming reported that bettors wagered $3.85 billion in Colorado in 2021, up more than a billion from 2020.

Latest News

Colorado sports betting

Colorado Passes Law That Limits Deductions By Sports Betting Operators

May 24, 2022 | By: Dan Holmes

In an attempt to gain more tax revenue from sports betting, the Colorado State House and Senate have passed legislation that is expected to be signed soon by Gov. Jared Polis. Under the law, Colorado sportsbook operators will no longer be able to deduct many of the promotional and marketing expenses from their revenue. The move […]

Colorado Avalanche betting odds

Avalanche Betting Odds: Colorado Big Favorites Over St. Louis Blues

May 16, 2022 | By: Dan Holmes

The Colorado Avalanche are prohibitive favorites in their matchup against the St. Louis Blues in the second round of the Stanley Cup Playoffs. The Avalanche lead the Western Conference semifinal series 3-1 following a 6-3 win at St. Louis on Monday night that was highlighted by Nazem Kadri’s hat trick. The Avalanche have the shortest […]

Broncos season wins total

Betting On Broncos Season Wins Total: Russell Wilson Makes It A Good Year To Bet The Over

May 11, 2022 | By: Travis Pulver

The full schedule for the Denver Broncos and the rest of the NFL will come out Thursday night, but fans can already bet the season wins total for the Broncos or any other team at Colorado Sportsbooks. Denver was 7-10 last season, including a 1-5 record in division play. However, this year’s Broncos have something […]

Colorado Sports Betting At A Glance

Whether you’re picky about sports or the type of bets you place on them, Colorado’s thriving sportsbook market has something for you. Getting started online only requires a simple account registration that can be completed in minutes. However, Colorado also has retail sportsbooks where bettors can wager in person.

Colorado’s sportsbooks are open for business and readily accepting new bettors.

What Are The Best Sportsbook Apps In Colorado?

Colorado is home to some of the best sports betting apps available in the United States. Bettors have many to choose from. See a breakdown of the best apps you can bet on.

Colorado Sports Betting Bonuses

There are currently 26 licensed sports betting apps in Colorado.

Colorado online sportsbooks have some great welcome offers, including free money just for signing up!

What Can You Bet On In Colorado?

If it can be kicked, thrown, slap-shotted, driven, or launched from half-court, it can probably be bet on in Colorado. Find out the full range of sports, leagues, and events available to bet on right now at Colorado sportsbooks.

ColoradoSharp.com Is Officially Licensed By Colorado Division Of Gaming Enforcement To Promote Legal Sports Betting In Colorado

Colorado Sports Betting FAQ’s

For all practical purposes, no. Technically, the limit depends on the sportsbook and the type of bet you place. For example, DraftKings imposes a $500,000 limit on most soccer payouts. However, FanDuel has a $1,000,000 limit for basic money lines, point spreads, and point totals in soccer. Most bettors won’t come remotely close to betting enough money to earn these payouts, so they’re free to wager all they want.
No, the best option for players in Colorado to play online casino games for cash prizes is at sweepstakes online casinos & online poker sites. Sites like Chumba Casino and Global Poker are available in Colorado.
Yes. Casinos in Black Hawk, Central City, and Cripple Creek have all applied for and received master betting licenses by the Colorado Limited Gaming Control Commission.
Colorado is home to some of the best sportsbooks in the US and the list only continues to grow. Some of the best apps include Draftkings Sportsbook, FanDuel Sportsbook, BetRivers Sportsbook, BetMGM, PointsBet, Caesars Sportsbook, WynnBET, and MaximBet.
Yes. Often, bettors will have account management options at the ticket counter. However, self-serve kiosks may be a better option. Bettors can make cash deposits and scan winning tickets at those kiosks without waiting for a ticket counter to open up. Bettors can make withdrawals in person, too. But the best way to figure all this out is to visit your local retail sportsbook and give retail sports betting a shot.
Bettors need to be 21 to participate in sports betting. It often gets confused with the age limit to participate in fantasy sports. Fantasy sports users only have to be 18. Young bettors may get frustrated, but everyone who’s at least 21 has the entire sports betting world at their fingertips.

Colorado Sports Betting

Colorado sportsbooks available in the state are some of the best. With multiple retail windows and several apps live, Colorado’s sportsbook market has steadily grown by leaps and bounds. Whether you’re a seasoned expert or a rookie bettor, this page will provide tips and tricks to help you get the most out of your experience.

How to Get Started With Colorado Online Sportsbooks

The sportsbooks may each look a little different, but most of them have the same signup process. Here’s how bettors can get started with online sportsbooks.

Creating An Account

Wherever bettors choose to wager, they’ll have similar signup forms to fill out. Sportsbooks ask for basic information like names, home addresses, and email addresses. However, they also ask for personal information, including bettors’ social security numbers. This is part of an identity confirmation process that allows sportsbooks to comply with anti-money laundering regulations.

Fun stuff.

Whether it’s from their phones or from their desktops, bettors can create accounts like they would on any other site.

Depositing And Withdrawing Funds

Putting money into and taking money out of sportsbooks is easy. The breadth of deposit options can vary, but there are a few key deposit options that are nearly universal:

  • Bank Transfers
  • Credit and Debit Cards
  • PayPal

Prolific bettors will find other deposit options like Skrill or other platforms similar to PayPal. There’s also an in-person cash deposit option at participating 7-Elevens and a few other partners. However, bettors can rely on the three options above to fund their accounts.

If bettors want to withdraw money, there will also be a ‘withdraw’ option. Some withdrawal methods are the same as the deposit methods. Others differ. Bettors will have to explore their sportsbook of choice to find out.

But once everything is set up, deposits and withdrawals are seamless.

Sportsbook Bonuses In Colorado

When bettors are signed up, they’ll be offered welcome bonuses. These bonuses often sound too good to be true at face value. That’s because they come with specific terms that new bettors may overlook. Here are the two most common types of welcome bonuses.

Deposit Bonuses

When bettors deposit funds into their accounts, some sportsbooks will match their deposits in site credits. For example, DraftKings Sportsbook offers a 20% deposit match up to $1,000 to new users. However, bettors have to read the fine print to get the full value of that deal. DraftKings will match bettors’ deposits at a 20% rate. That means for every $5 bettors deposit, DraftKings will add $1 in site credits. Once DraftKings has awarded $1,000 in site credits, the welcome bonus will end.

Deposit bonuses are the stronger of the two common welcome bonuses. They allow bettors to deposit funds at their own pace and reap the full value of the bonus over time.

Colorado Risk-Free Bets

Risk-free bets are like insurance. If a bettor places a bet and wins, then they collect their winnings. But if they lose, then their stake is returned to them. Again, bettors need to read the fine print to learn how to leverage a risk-free bet.

FanDuel Sportsbook offers a risk-free bet of up to $1,000. Pay attention to the ‘up to $1,000’ part. If a bettor wagers $50 and the bet loses, they’ll get their $50 stake back. That’s a full refund, so that sounds good. But if they wager $1,000 and lose, they’ll get $1,000 back. If they wager any more than $1000, they’ll still get $1,000 refunded in site credits.

Risk-free bets are only good for one bet. That means bettors have to bet big upfront to get the full value of the free bet. And they only have one chance to do it. It’s a big ask to make a first-time bettor wager $1,000 on their first bet. A win would be amazing, but bettors may make the mistake of wagering small when they have the chance to go big. It’s a double-edged sword that’s wasted far too often.

Start Betting In Colorado

Once bettors have their accounts set up, they can start placing bets. Most of the time, bettors just have to click on the odds they want to bet on. Then, they input how much they want to wager, and place the bet. If they win, the money will be credited to their accounts for later withdrawal.

Sportsbooks may look daunting at a glance, but navigating the numbers isn’t as hard as it seems. The positive numbers are odds against a team. The negative numbers are in favor of a team. The farther from +100 positive odds are, the less likely a bet is to win. The farther from -100 negative odds are, the more likely a bet is to win.

For example, a team with +200 odds has a 33% chance of winning. A team with -200 odds has a 66% chance of winning. A $100 bet on the underdog would win $200. A $200 bet on the favorite to win would be $100. The reward on an underdog winning is bigger because it’s less likely. Conversely, the prize on a favorite winning are smaller, because it’s more likely. The sportsbook is a just risk-and-reward tradeoff reduced to numbers.

Bettors don’t have to worry about cash conversions on their own, though. Sportsbooks tell bettors how much they’ll win based on how much they’ve wagered. Since sportsbooks do the math for you, all you have to do is place your wager and hope your intuition is right.

Top Colorado Online Sportsbooks

Some sportsbooks are better than others. They may offer better bonuses, have better odds, or have better interfaces that are easier to navigate. Here are Colorado’s top sportsbooks and why they’re serious choices for bettors.

DraftKings Colorado

DraftKings Welcome Bonus: $50 free bet with a $5 deposit + $1,000 Deposit Bonus at 20% Match Rate

DraftKings is known for fantasy sports, but it has a strong sportsbook, too. Bettors will find a wide range of sports to choose from with many types of bets. The app is seamlessly easy to use, and it has one of the best welcome bonuses in Colorado. DraftKings tends to have strong odds on the favorite to win, making them an important choice for bettors who play it safe. Whatever bettors are looking for, they’ll be able to find it at DraftKings.

BetMGM Colorado

BetMGM Welcome Bonus: $1,000 Risk-Free Bet with bonus code SHARP

Betting at BetMGM began counting toward M Life rewards which can be an added benefit to bettors. That’s good news for anyone who wants to get comps and discounts at MGM Grand Resorts. If personalized discounts are important to anyone out there, they should put BetMGM on their phone.

Caesars Colorado

Caesars Welcome Bonus: $1,100 First Bet Insurance with code SHARPBETCZR

Caesars Sportsbook is backed by Caesars Entertainment, and that comes with the security of betting with a top-notch sportsbook. Bettors will enjoy first bet insurance up to $1,100.

BetRivers Colorado

BetRivers Welcome Bonus: $250 Deposit Bonus at 100% Match Rate with code SHARP250

BetRivers’ online sportsbook has one of the best rewards programs in Colorado. It has eleven reward tiers, some of which are accessible to casual bettors. However, bettors will have to spend quite a bit each month to access BetRivers’ highest reward tiers. Bettors interested in a unique rewards program should keep BetRivers in mind when choosing a sportsbook.

Betfred Colorado

Betfred Welcome Promo: $500 risk-free bet with promo code SHARPBET

Betfred is a well-established sportsbook – it has been around for over 50 years. Bettors can definitely bet with confidence on this app. The odds aren’t the best in the industry, but it’s definitely worth checking out when line shopping.

MaximBet Colorado

MaximBet Welcome Promo: 100% match up to $1,000

MaximBet was created by the folks behind the popular lifestyle magazine. It’s new to Colorado, but it’s expected to do well given its sleek app and competitive selection of sports.

FanDuel Colorado

FanDuel Welcome Promo: $1,000 Risk-Free Bet

FanDuel was an early Colorado entrant. It has a bright classy look that bettors can browse for hours. Its welcome bonus isn’t as strong as DraftKings or Fox Bet. However, FanDuel has a great selection of bets and competitive odds that make it a must-check for prolific bettors. Especially for bettors who like to root for the underdog.

Colorado’s Online Sportsbooks

SportsbookBonus Offer
DraftKings Sportsbook20% match up to $1,000
BetMGMUp to $1,000 risk-free bet with code SHARP
Caesars Sportsbook$1,100 first bet insurance with code SHARPBETCZR
BetRivers100% match up to $250 with code SHARP250
Betfred SportsUp to $500 risk-free bet with code SHARPBET
MaximBet100% deposit match up to $1,000
FanDuel SportsbookUp to $1,000 risk-free bet
PointsBetRisk Free Bet up to $2,000
FoxBetUp to $500 risk-free bet
BetMonarchEarn tier points
SBK Sportsbook$20 risk-free
Sky Ute SportsbookClaim Here
Circa SportsClaim Here
BetWildwood100% Deposit Bonus up to $200
Elite SportsbookUp to $500 risk-free bet
theScore Bet100% match up to $1,000 & $500 free bet
SI SportsbookBet $10 Get $50 In Free Bets paid out in one $10 free bet each week for 5 weeks
BarstoolUp to $1,000 Risk-Free Bet
WynnBET$1,000 Risk-Free Bet
Betway$500 risk-free bet
Superbook$750 Deposit Match Bonus
PlayUp100% Deposit Match Up to $200
Play MaverickGet Up To $300
TwinSpires$1,000 Risk-Free Bet
Bally BetUp To $550 Risk-Free Bet
Tipico100% Deposit Match Up To $750

Colorado Retail Sportsbooks

Besides its many online sportsbooks, Colorado also features retail sportsbooks where bettors can place bets in person at a Colorado casino. Here are the retail sportsbooks currently operating in Colorado.

Saratoga Casino

Saratoga Casino in Black Hawk has a retail sportsbook run by Betfred. The retail sportsbook is 1,400 square feet of TV walls, betting windows, and a luxury betting lounge. It’s a great place for social bettors to meet up and grab drinks while they wait and see whether their bets play out in their favor.

Monarch Casino Resort & Spa

Monarch Casino does all its sportsbook work in-house. It developed its own app, and it runs its retail sportsbook, too. Monarch’s current sportsbook is still being built, but there’s a temporary location open until the final one is finished. Until construction is completed, bettors will find the temporary betting kiosks on the second floor of the casino.

Mardi Gras Casino

DraftKings has a brick-and-mortar location in the Mardi Gras Casino in Black Hawk. All of the sports available on DraftKings are also available at its retail location. The retail sportsbook is DraftKings green and open for business.

Wildwood Casino

The first Cripple Creek casino to open a retail sportsbook, Wildwood Casino is ready to jump into the sports betting industry. Its retail sportsbook is run in-house inside Woody’s Bar and Grill. With bar food and drinks available, Wildwood Casino has prepared a strong sports betting environment for bettors to congregate in.

Ameristar Casino Resort & Spa

Like Monarch Casino, Ameristar opened a temporary sportsbook until it completes its permanent sportsbook space. On Ameristar’s second floor, bettors will find enough sportsbook kiosks and HDTVs to see how their bets play out. Ameristar also runs its retail sportsbook in-house, so they have complete control over their bettors’ experiences.

What Can Bettors Wager On?

Bettors have plenty of betting options. However, the four most popular professional leagues are at the center of everyone’s attention. Here’s what the main professional leagues have to offer.

NFL Bets

Coloradans definitely love their Broncos and are excited for the upcoming season. But let’s be honest: all NFL action is exciting and tends to draw a ton of interest. After all, the NFL absolutely dominates television ratings.

Bettors who want to get in on the action can place all sorts of wagers. You can bet point spreads, moneylines, and totals for individual games. You can choose individual prop bets. Or, you can compete against other DFS lineups. For the biggest payouts, you can place futures on who’ll win the division, the conference, the Super Bowl, the MVP award, and more.

MLB Bets

The Rockies are always fun to watch–especially when Charlie Blackmon casually hits a grand slam in the ninth inning.

However, even if the Rockies are off for the day, or for bettors who like other teams, Coloradans can still find exciting MLB lines on sportsbooks like FanDuel and DraftKings. Moneylines, run lines, and totals are all set and ready for action. If you want to go for individual or team prop bets, plenty of those are available as well.

Many fans enjoy futures bets, and baseball offers as many as other sport. You can bet on a team to win over a certain number of games or a pitcher to have over a certain number of strikeouts. Or of course, you can make the most popular futures bet of all and lay down money on your pick to win the World Series.

Colorado’s sportsbooks also have live pitch-by-pitch odds. If a bet as specific as Batter Seven keeping the ball in play during the first pitch of the fourth inning is appealing, then MLB bets may be for you.

NHL Bets

Colorado bettors can place wagers on games featuring the Colorado Avalanche, one of the best teams in the country, or on any other NHL squad. As with other sports, the options are virtually endless, from moneyline bets to puck lines to totals to player or team props.

You can bet on the long term by picking who you think will win the Stanley Cup. Alternately, you can bet on the very short term. For example, bettors can wager on whether the Avalanche will win without conceding a goal. They’re long odds, but they’re fun bets that may appeal to new bettors.

Whatever bettors are into, they’ll find it in NHL lines.

NBA Bets

Though the Denver Nuggets are named for the gold chunks that used to be prospected in Colorado mines, the team has never made it to the NBA Finals. However, NBA fans in the Centennial State may still want to put some money on the favorite team, a perennial playoff contender.  Even if not, Colorado’s sportsbooks offer a wide market of opportunities for betting on pro basketball.

NBA bettors will find game lines, prop bets, and team futures like the other leagues, all of which can change in real time. And, bettors also have player futures available. If you think you know who next season’s Rookie of the Year is, then you can make some good money guessing the right one.