Colorado Sports Betting Apps

Sports betting is available at multiple 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! 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 August 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
$1,500Risk-Free Bet - Use Code SHARPBET15
Caesars Sportsbook Colorado Review

4.5

Sportsbook Rating: Very Good

Pros

  • $1,500 risk-free bet with promo code SHARPBET15
  • Weekly NFL promos
  • In-play betting

Cons

  • Average odds
Licensed in Colorado
Payout Speed 1-2 Days
Bonus Offer $1,500
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
$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
Bet $50 to Get $250Use Code SHARPBET
Betfred Sportsbook Colorado Review

4.1

Sportsbook Rating: Good

Pros

  • Bet $50 to get $250 in free bets 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 $250
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
$1,000No Sweat First Bet
FanDuel Sportsbook Colorado Review

4.6

Sportsbook Rating: Very Good

Pros

  • No sweat first 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
$60 Free BetBet $10 Get $60 with code VIP60
SI Sportsbook Colorado Review

4.1

Sportsbook Rating: Good

Pros

  • $60 free bet
  • Backed by world-famous magazine
  • Good market depth and data available

Cons

  • App is newer, so it's not quite as sophisticated as competitors
  • Withdrawal process can be slower
Licensed in Colorado
Payout Speed 72 Hours
Bonus Offer $60
Banking Options

Colorado Sports Betting Updates

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

  • June 26, 2022:  The Colorado Avalanche defeat the Tampa Bay Lightning in six games to win their first Stanley Cup since 2001 and third championship in franchise history.
  • June 6, 2022: The Colorado Avalanche sweep the Edmonton Oilers in the Western Conference finals to advance to their first Stanley Cup Final since 2001.
  • June 1, 2022: TheScore Bet, part of the Penn National Gaming family, which also operates the Barstool Sportsbook, announced it is is shutting down its US sportsbook operation effective July 1, 2022. The operator will shut down its sportsbook in New Jersey, Colorado, Indiana and Iowa and will turn its focus to Ontario sports betting.
  • May 27, 2022: A new Colorado House billHB 22-1402, would reduce the amount of free play credits sportsbooks could write off for tax purposes. Reducing free credit write-offs could reduce the number and size of sportsbook bonuses, which sportsbooks use to attract new customers.
  • April 27, 2022: BlueBet announces that its license in Colorado will apply to its new sports betting app, ClutchBet. The company plans to launch in Iowa first and then in Colorado and Louisiana.
  • 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 30, 2022: Betsafe launches in Colorado, bringing yet another great sportsbook option to the Centennial State.
  • 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

Caesars Casino

Caesars’ Isle Casino Rebrands as Horseshoe Black Hawk

August 8, 2022 | By: Cody Kutzer

After the announcement was made in March, Isle Casino Hotel Black Hawk in Colorado has officially been rebranded as Horseshoe Black Hawk. An official ribbon cutting ceremony showed off a renovated exterior along with signage donning the Horseshoe name and iconic logo. This is the fourth property to be rebranded with the Horseshoe name this […]

Stanley Cup Finals Colorado

Stanley Cup Wagers up 177% Despite Lower Overall Handle in June

August 3, 2022 | By: Stephanie Wood

With the Colorado Avalanche bringing home their first Stanley Cup in over 20 years, June wagers on hockey increased by 177% compared to 2021. The amount wagered reached $29.5 million as the Avalanche played in the Conference Finals and Stanley Cup Finals through June. Operators are reporting that for the entire Stanley Cup Playoffs, wagers […]

BetMGM Colorado Title Bet

Get 25-to-1 Odds from BetMGM if Any Colorado Team Wins Next Title

July 27, 2022 | By: Dan Holmes

Sports fans in Denver and across Colorado are buoyed by the recent success of their teams. Optimism is as high as the snowy peaks, as the four major pro sports teams in the Rocky Mountain State are all worth watching. Now, bettors can carry that excitement to their phones for great odds on a mile-high […]

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 27 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 potential cash prizes is at social 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.

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. Sportsbooks have also started to use different verbiage instead of just saying “risk-free”, so be sure to pay attention there, as well.

FanDuel Sportsbook, for instance, offers a “no sweat first bet” of up to $1,000. 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 $1,000, 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 + 20% deposit match up to $1,000

DraftKings started out as a daily fantasy platform but has grown as a force in the online sportsbook industry, too. Bettors will find a wide range of sports to choose from with many types of bets. The app is extremely 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.

Caesars Colorado

Caesars Welcome Bonus: Risk-free bet up to $1,500 with Caesars Colorado promo code SHARPBET15

Caesars Sportsbook is backed by Caesars Entertainment, and that comes with the security of betting with a top-notch sportsbook. The Caesars Sportsbook app also comes with aBettors will enjoy a risk-free bet up to $1,500.

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.

BetRivers Colorado

BetRivers Welcome Bonus: 100% deposit match up to $250 with BetRivers Colorado promo 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: $250 risk-free bet with promo code SHARPBET

Betfred is a well-established sportsbook as it has been around for more than 50 years. Bettors can definitely bet with confidence on this app. Betfred also does a good job of offering ongoing promos throughout the year for current customers. 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% deposit 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: No Sweat First Bet up to $1,000

FanDuel was an early Colorado entrant. It has a bright, classy look that bettors can browse for hours. Its welcome bonus is pretty vanilla compared to some of the other top Colorado sportsbooks. 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.

SI Sportsbook Colorado

SI Welcome Promo: Bet $10, Get A $60 Free Bet

Sports Illustrated (SI) Sportsbook is a relatively new app that is currently exclusive to Colorado bettors.  Though its welcome bonus is more modest, it is still a solid operator in the Centennial State that is worth a look. If you are a fan of the SI magazine, you will especially enjoy the insights that the site gives for bettors.

Colorado’s Online Sportsbooks

SportsbookBonus Offer
DraftKings Sportsbook20% match up to $1,000
Caesars Sportsbook$1,500 risk-free bet with code SHARPBET15
BetMGMUp to $1,000 risk-free bet with code SHARP
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 no sweat first bet
Sports Illustrated SportsbookBet $10 and Get A Free $60 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
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.

Bally’s Black Hawk

DraftKings has a brick-and-mortar location Bally’s Black Hawk casino. 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.