BestSports Betting Apps in Colorado May 2022

Why use ColoradoSharp.com?

  • We are local to Colorado, so we rigorously test and use the apps
  • Just like the apps, we are licensed & regulated by the Colorado Department of Revenue
  • We actively monitor local sportsbooks for the best promotional offers & odds

Colorado’s sports betting industry has grown quickly. Local Colorado casinos, like BetMonarch, and established national brands, like Caesars Sportsbook, FanDuel Sportsbook, and BetMGM, offer sports betting to Coloradans. Bettors are taking full advantage of these sportsbooks, too. Colorado’s legal sportsbooks are expected to generate millions of dollars in tax revenue in 2022. Simply put, Colorado has an active base of sports fans and bettors.

The fact that sports betting industry is growing so quickly actually means that choosing the best sports betting app can be quite overwhelming. After all, there are over two dozen licensed sports betting operators to choose from in Colorado. To help, we’ve put together a list of the best Colorado online sports betting apps available in the state along with their sign-up bonus and why we recommend choosing them.

Many of the products featured on this page are from partners who compensate us. It does not influence our evaluations and our opinions are our own.

Best Colorado Sports Betting Apps 2022

Best Mobile App

$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

DraftKings Sportsbook

Sign-up Bonus: $1,000 Deposit Match (20% up to $1k) + $50 free bet with $5 deposit

Bet on: iOS, Android, and Web

draftkings colorado sportsbook appHaving gotten its start running fantasy games, DraftKings Sportsbook has morphed into one of the top online sportsbooks available in the U.S., and it’s open for business for Colorado sports bettors.

DraftKings offers lines on virtually every sport, including football, soccer, basketball, boxing, UFC, and more. Additionally, you can place future and prop bets and wager on live sports for select events. DraftKings even offers teasers and parlays, which is essentially standard at brick-and-mortar books.

If you are a new player, you can receive a 20% deposit match up to $1,000. To receive the full amount, you must deposit at least $5,000, but you can deposit any amount between $10 and $5,000 to qualify.

New players can also receive a $50 free bet with a $5 deposit, which is ideal for players with smaller budgets. Terms and conditions apply to both new player bonus offers.

Bettors can redeem these bonuses with our DraftKings Colorado affiliate link above.

To get started, you can either access the sportsbook via your web browser or download their mobile app. We found the interface to be rather straightforward and easy to use, which is especially helpful if you are new to sports betting.

Best For MGM Bettors

$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

BetMGM

Sign-up Bonus: $1,000 Risk Free Bonus

Bet on: iOS, Android, and WebBetMGM Colorado Bonus

One of the few Colorado sportsbooks tied to a physical casino brand is BetMGM. MGM is a household name, so you can have confidence that an upstanding company with a good reputation is behind this product. You’ll find all of the usual lines on BetMGM, for major pro-US sports as well as less-common events and competitions.

BetMGM offers a free bet bonus of up to $1,000 for new users with a minimum $10 deposit. BetMGM’s app is straightforward and easy to navigate, with the most popular and timely lines clearly visible at the top of the screen. All of the menus are easy to access as well, which saves bettors time if they know exactly what they want to bet on.

BetMGM has a partnership with the Denver Broncos which includes a premium lounge at Empower Field at Mile High Stadium.

Best For New Bettors

$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

Caesars Sportsbook

Sign-up Bonus: $1,100 first bet insurance

Bet on: iOS, Android, and Web

Caesars AppCaesars Sportsbook is one of the world’s leading sports betting brands. The company itself dates all the way back to 1934, and it first launched William Hill US in 2012 but recently was rebranded to Caesars Sportsbook in 2021. It started out in Nevada but has since expanded to AZ, CO, IN, IA, IL, LA, MI, NJ, NY, TN, VA & WV.

Caesars has a strong selection of sports to bet on in Colorado, including popular mainstays like the NBA, NHL, MLB, NFL, as well as more niche competitions like table tennis, rugby, and darts.

Caesars offers a variety of deposit and cash-out methods to make getting started easy for new bettors and even offers pre-paid Caesars cards to make moving money into and out of an account as seamless as possible. Its app is pleasing to the eyes and easy to navigate compared to some others and is available on both iOS and Android phones. Users can also now take advantage of the Caesars Rewards program, which offers benefits online and at 50 Caesars locations.

Caesars Sportsbook offers first bet insurance of up to $1,100 for new online accounts. To redeem, simply enter the Caesars Sportsbook promo code, SHARPBETCZR. If you lose your first bet, your account will be credited with a free bet for the amount of your lost wager.

Best Deposit Bonus

$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

BetRivers

Sign-up Bonus: 100% up to $250 with Promo Code: SHARP250

Bet on: iOS, Android, and Web

BetRivers Promo Code ColoradoWhether you’re a casual bettor placing wagers on your favorite teams for fun, or a more serious risk-taker looking to lay down some serious cash, BetRivers has you covered. The app and website offer a functional and aesthetically pleasing mobile experience.

BetRivers offers an extensive reward system ranging from basic rewards for smaller bets to mysterious high-end luxury rewards for top-tier bets.

But what new bettors will appreciate most is the 100% deposit match up to $250 with our BetRivers affiliate code, SHARP250. Not only do you essentially double your money when you make your first deposit, but the wagering requirement is only 1x the deposit bonus. Simply bet the full amount (between $20 and $500) to withdraw any winnings.

In addition to the usual lineup of pro and college sports, bettors will find moneyline bets, point spreads, and unique parlay bets on BetRivers. If you’re feeling especially lucky, you can try BetRivers’ jackpot parlay bet. Bettors can choose between three and eight random outcomes. If all the bets occur the way the bettor predicted, they win the jackpot.

Best For Colorado Bettors

$500Risk Free Bet - Use Code SHARPBET
Betfred Sportsbook Colorado Review

4.1

Sportsbook Rating: Good

Pros

  • Up to $500 bonus - Use 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

Betfred

Sign-up Bonus: Up to $500 risk-free bet with promo code SHARPBET

Bet on: iOS, Android, and Web

Betfred Promo Code ColoradoBetfred Colorado has quickly become one of the most competitive sports betting markets in the United States. It’s yet another accessible option for bettors of all stripes. 

Betfred Colorado is offering new bettors a risk-free bet up to $500. There’s no need to enter a Betfred Colorado bonus code. Just use our exclusive link.

Just make a deposit of at least $10. Then, place your first bet with odds of at least -200. 

Bettors can use our Betfred Colorado online affiliate link above to redeem this bonus when they register their accounts.

Best Lifestyle App

$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

MaximBet

sportsbettting.com colorado

Sign-up Bonus: 100% deposit match up to $1,000

Bet on: iOS, Android, and Web Browser

MaximBet launched on September 10, 2021, in a partnership with Johnny Nolon’s.

MaximBet is one of Colorado’s hidden gems. It has competitive odds and a particularly competitive welcome bonus. Bettors who open a new account with MaximBet get their $1,000 deposit match bonus.

Bettors who want to redeem this welcome bonus can use our MaximBet Colorado affiliate link above.

Best For Betting Experience

$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

FanDuel Sportsbook

Sign-up Bonus: $1,000 Risk Free Bet

Bet on: iOS, Android, and Web

FanDuel Sportsbook ColoradoMuch like DraftKings, FanDuel Colorado was once solely known for fantasy sports but today is a fully functioning, legal online sportsbook. In Colorado, you will find all major sports leagues available on their site, including the NBA, NHL, MLB, NFL, international soccer, tennis, and more.

At FanDuel, you have the ability to wager on the spread, the moneyline, the halves and quarters of select games, and the over/under.

Additionally, the book offers parlay bets, teasers, future bets, live sports betting, and round-robin bets. Round robin bets combine three or more selections into smaller parlay bets to cover all combinations.

The most common new player offer at FanDuel is a $1,000 risk-free bet. However, as is the case with all bonuses, we recommend you understand the terms and conditions before taking advantage of this offer. This only applies to a bettor’s first bet, so it’s easy to miss. Bettors who want to redeem this bonus can use our FanDuel Colorado affiliate link above.

You can access the FanDuel sportsbook via their website or their mobile app. FanDuel’s odds are competitive and they offer action on most sports.

Terms and Conditions apply to all sign-up bonuses and promotions. Please refer to each online sportsbook for more information.

Colorado Sports Betting Apps 2022

Though the apps listed above are our top recommendations, that doesn’t mean they are the only ones. Here are all 26 of the sports betting apps in Colorado that are licensed, regulated in Colorado, and available for download:

Sports Illustrated Sportsbook

SI Sportsbook is the most recent sportsbook to launch in Colorado. SI Sportsbook offers a bet $10, get $50 promo. Bettors will get one $50 free bet per week for five weeks. Interested bettors can use Colorado Sharp’s SI Sportsbook promo code below to credit this bonus to their accounts.

Claim bet $10 get $50 in free bets with SI Sportsbook 

Sports Betting Apps Launching Soon

Bet365

One of the largest online sportsbooks, boasting more than 45 million global customers, UK-based Bet365 is poised to enter the CO sports betting market through a partnership with Century Casinos, Inc., owners of Century Casino in Cripple Creek and Central City.

Through the partnership, Century Casinos will operate an online sportsbook in Colorado under the bet365 brand. Bet365 offers competitive lines on all the major sports you’d expect, as well as newer options like esports.

What Are The Benefits Of Using Online Sportsbooks?

Betting on mobile sportsbook apps allows bettors to wager from home. It saves bettors trips into the mountains to one of Colorado’s casino cities. So, sportsbooks can use retail locations to complement mobile services instead of relying on foot traffic to drive sportsbook revenue. Colorado sports bettors and sportsbooks get additional flexibility from mobile sportsbooks. Everybody wins.

These online sportsbooks are safe and fair, too. The Colorado Division of Gaming licenses each legal sportsbook in Colorado. Throughout its examination of each licensee, the regulator determines whether a prospective sportsbook can operate fairly. The Division of Gaming’s rules governing sportsbook conduct includes a mandated cash reserve to pay bettors their winnings and a security audit to ensure bettor information remains secure.

Whether bettors wager through an app or on a desktop, they have access to the same betting options. Bettors can enjoy sports betting remotely and get everything out of it.

How Different Are Sportsbooks From Each Other?

All legal online sportsbooks in Colorado offer mostly the same core bets and lines. However, there are important differences between Colorado’s sportsbooks. The most important differences are odds and deals.

Odds Differences

Every sportsbook balances expected profit against competitive odds for bettors. That’s why the savviest sports bettors in Colorado will join multiple sports betting apps to shop for the best odds before placing a bet.

However, the best online sportsbooks in Colorado consistently offer better odds than anywhere else, which makes them critical sportsbooks to have on sharps’ shortlists.

Below, we compared six of the best Colorado sports betting apps for a late-August 2021 MLB regular-season game between the Atlanta Braves and the New York Yankees. Here are how the odds stacked up for a moneyline wager:

 New York YankeesAtlanta Braves
DraftKings+100-120
FanDuel-104-112
Caesars Sports+101-111
BetMGM-110-110
BetRivers-107-108
PointsBet-105-115

For betting the Yankees to win, the best options were DraftKings and Caesars Sportsbook. For betting on the Braves, the best bets were with BetRivers and BetMGM. While the other lines remained competitive, the slight differences highlight the advantage of holding accounts at multiple sports betting apps. These small differences pay large dividends when bettors place large bets or large numbers of bets.

Unique Boosts And Deals

In addition to new player bonus offers, most online sportsbooks offer special bets called ‘boosts.’ At first glance, they’re the same bets with higher odds. However, they’re often parlay bets in disguise. For example, DraftKings offered an odds boost on the Islanders, Penguins, and Flames to win their games. Since all three teams must win, the boost was technically a parlay bet.

Further, sports betting apps will commonly offer odds boosts based on in-game events. For example, if a team scores in the first half of a soccer game, the odds might be boosted by +100 odds, as was the case with the Euro 2020 Final between Italy and England at DraftKings Sportsbook.

What Makes An Online Sportsbook App Good?

Besides good odds and great deals, there are a few things that set the best sportsbooks apart from competitors.

Speed

When there’s a lag between pages loading, betting can become very frustrating, very quickly. Great sportsbooks, like DraftKings, BetMGM, and FanDuel, smoothly transition between pages. Whether bettors are prospecting lines or adjusting their bet slips, speedy apps make a massive difference.

Navigation

It must be easy for bettors to find the sports they’re looking for. Hiding the ‘all sports’ list in a menu in a hidden corner of the app is not good work. But if a sportsbook makes it easy to browse different events, bettors could stumble upon new bets that excite them. That’s a good deal for sportsbooks trying to engage bettors, and for bettors who want to branch out.

Stability

If a sportsbook app crashes, bettors aren’t going to trust that sportsbook to take care of their money. It’s a judgment that’s not completely fair. A great sportsbook could just have a bad app. However, bettors will take a glitch and judge the rest of the product accordingly. App stability is imperative to earning consumer trust, and it’s an understandably frustrating occurrence.

Seamless Deposits And Withdrawals

Bettors want to win money, and sportsbooks want to earn it. However, bettors need to be able to move money back and forth between accounts to fund their bankroll and collect their winnings. Sportsbooks know that the transfer process must be seamless. Even subpar sportsbooks make it easy to deposit and withdraw funds.

How Bettors Can Deposit Money In Colorado’s Online Sportsbooks

There’s no sports betting without a first deposit. Although there are many ways to make a deposit, some methods are more common and convenient than others. Here’s everything bettors need to know about the deposit methods available and the tradeoffs among them.

Common In-App Deposit Methods

Since sportsbooks must comply with anti-money laundering laws, there are only a few ways to deposit funds. Luckily for bettors, these standard options are among the most convenient and reliable:

  • Online Bank Transfer
  • Credit/Debit Cards
  • PayPal, Skrill, and other e-wallets
  • Sportsbook-branded prepaid debit card
  • ACH/e-check
  • Cash at the partnering casino’s cage
  • PayNearMe

In our opinion, the best deposit options are e-wallets and direct bank transfers. Issuing banks often reject debit and credit card transactions to minimize usage at illegal sites, which unfortunately affects deposits on legal apps. Also, credit card deposits at online sportsbooks usually count as a cash advance, which means fees and high APR.

Those issues don’t happen with online bank transfers or e-wallets like PayPal and Skrill. So, PayPal and Skrill are often the best options for bettors.

If bettors prefer to deposit in cash, they can usually visit the sports betting app’s partnering casino to deposit or withdraw winnings. They can also utilize PayNearMe to deposit cash at retailers like CVS and 7-11.

Apple iOS Users

Because there are standard deposit options that link a transfer to a person’s identity, there aren’t any operating system-specific deposit options.

That means iTunes gift cards aren’t an option for funding sportsbook accounts.

However, some sports betting apps have begun accepting Apple Pay. We expect that to be a more commonly accepted method in the near future.

Android Users

Like iOS users, Android users have to download their sportsbook app of choice. Then they can sign up and find the option to deposit money in the app.

While no Android sports betting apps accept Android Pay or Samsung Pay, some have begun accepting Google Pay. Google Pay will likely become a highly common deposit and withdrawal method in the coming months and years.

Legal Online Sports Betting Apps In Colorado

When Colorado passed Proposition DD, the Colorado Division of Gaming wrote rules governing the state’s new sportsbooks. Those guidelines offer bettors protection.

Bettors can download the app and create an account from anywhere. But if they aren’t in Colorado, then bettors cannot place wagers.

Online sportsbooks’ signup processes verify bettors’ ages. Even if a minor downloads a sportsbook app, they won’t make it through the signup process.

How Do Legal Sportsbook Apps Protect Bettor Information?

Online sportsbooks have standard security measures in place, like SSL certificates. These are encryption protocols similar to online stores and banking sites. Bettor information is encrypted when they put it into the sportsbook, and it’s not decrypted until it makes it to the server on the other side.

That means the only people who can read that information are the bettor and the sportsbook.

Licensed sportsbooks also undergo security audits shortly before launch as well as on a regular basis. Sportsbooks won’t be licensed without a security system that can reliably protect bettor information.

How Can Bettors Secure Their Mobile Sports Betting Accounts?

Keep your account to yourself. Don’t give anyone else your password or login information. It’s far from a high-tech solution, but it’s the easiest way to keep unwanted bettors out of your account.

Accessing Mobile Sports Betting In Colorado

Colorado sportsbook apps for App Store & Google PlayYou may think because sports betting is a regulated activity that it may be difficult to access sportsbook apps on your phone. However, you can easily download and start betting at legal Colorado sportsbooks in minutes, instructions are below:

Install a Colorado Sportsbook App on your Phone

  • Download the sports betting app via their website or by searching the App Store (iPhones or iPads) or Google Play (Android Devices). In some cases, you may need to download the Android app directly from the sportsbook’s website.
  • Install and run the app on your device.
  • Allow access to location (legally sportsbooks need to know that you are in Colorado before they can allow you to place a bet).
  • Register for an account.

The user experience on sportsbook apps is relatively the same compared to any web interface. In other words, you’ll have access to the same sports leagues, lines, and bets, but you may notice a difference with the layout and navigation.

Colorado Gambling Age

The gambling age in Colorado is 21. This is also the minimum age to use a sportsbook app in the state. Bettors must provide identification to prove their age when registering with an app.

License Fee

Sportsbook operators are required to apply for and receive a license from Colorado. Each license provided to a casino allows retail sports betting on-site and one online betting skin. The applicant pays $10,000 before applying, an additional $125,000 license fee after approval, and $125,000 every two years. The Colorado gambling license fee is significantly less than in other states, which is likely why Colorado bettors have well over 20 options.

Tax Rate

Sports betting operators are charged a tax of 10 percent on their net sports betting proceeds. Net sports betting proceeds include the total amount wagered on sports, less the winnings. This 10% Colorado gambling tax rate is applied to the operator, not the bettor.

Colorado Sports Betting App FAQ

Can I bet online in Colorado?

Yes, bettors in Colorado can place sports bets online by using a web browser or by downloading a sportsbook app onto an Apple iOS or Android device. Colorado bettors have over two dozen sports betting apps at their disposal.

However, online casinos and poker sites are not legal in Colorado.

Do I have to live in Colorado to use a sports betting app?

No, you do not need to be a Colorado resident to bet on sports in the state. But you must be located within Colorado state lines to legally place an online sports bet.

Can I use a sports betting app anywhere in Colorado? 

Yes, you can place online sports betting wagers via a mobile app or on your computer anywhere in Colorado as long as it’s a licensed operator by the State of Colorado, you are physically in the state, and you’re at least 21 years old.

Why should I use a sports betting app? 

Mobile betting apps offer all the same lines as an in-person sportsbook under the same brand – plus bonus offers, odds boosters, and other special deals that brick-and-mortar sportsbooks don’t usually have. Plus, the online sportsbook apps are extremely convenient, and you can join more than one to shop around for the best possible odds on your event of choice.

Are real-money sportsbook apps available on the iPhone and iPad?

Yes, sports bettors in Colorado can download real-money sportsbooks through the Apple iOS app store. Colorado current offers over 20 different online sports betting apps for iOS devices, including BetMGM, DraftKings, FanDuel, and PointsBet.

Can I download Colorado sportsbooks on my Android device?

Yes, you can download Colorado sportsbook apps to your Android device. In most cases, the app is available directly via the Google Play Store. However, bettors can also download Android apps from a sportsbook’s website by visiting it on an Android device.

What is the difference between a sports betting app, a website, and a brick-and-mortar sportsbook?

In short, sports betting apps are not very different from an online sportsbook or a physical sportsbook. They are also all licensed and regulated by the state of Colorado. Sports betting apps are optimized for mobile devices in terms of their usability and how they interact with your internet connection and / or cell phone service provider.

Online sportsbooks is a term that refers to sportsbooks that are accessed via a website, and brick-and-mortar sportsbooks are physical locations that are licensed to operate as a bookkeeper.

Do sports betting apps cost money? 

No, sports betting apps in Colorado are free to download. However, you must deposit money into the account to place a bet. Deposits don’t usually have any fees depending on the method used. For example, PayPal and online bank transfer offer free deposits and cash out.

Is the DraftKings app legal in Colorado?

Yes. DraftKings Sportsbook is legal in Colorado. It was one of the first sports betting apps to launch in Colorado. It is available via web browser and as an app for both Apple iOS and Android users via the App Store and Google Play, respectively.

About the Author

Mike Epifani

Mike Epifani is an experienced online gambling writer who specializes in online casinos and sports betting sites. From the nuances of bonus offers to winning strategies, his insights have helped countless bettors keep more of their money while having fun and staying safe.