Colorado Online Sports Betting Bonus

Colorado online sports betting kicked off on May 1, 2020. There are 15 licensed Colorado online sportsbooks. Most offer sign-up bonuses including free bets that encourage players to deposit there instead of competing sports betting sites. Each has its own set of terms and conditions. We go over those below so that you can find the best deal for your level of activity. You may take advantage of each bonus once per Colorado sports betting app.

Colorado Sportsbook Offers 2020

William Hill Colorado

Bonus: $500 Free Bet

Claim Bonus: Willaim Hill $500 Free Bet

New William Hill players receive a free $10 bet when making an account. There is no deposit requirement. Depositors receive up to $500 free bet on their first wager. To maximize the bonus, deposit $250 and you will receive the full $500 free bet. This is much better than other apps who only give you a $500 risk-free bet if you deposit $500. The wagering requirement is only one time the bonus before a withdrawal may be requested.

DraftKings Sportsbook Colorado

Bonus: 20% up to $1000 on deposit.

Claim Bonus: DraftKings Sportsbook Bonus of $1,000

DraftKings is best known in Colorado as a legal daily fantasy sports site. It has been licensed in the state for that since 2016. Now you can bet on sports on its app and website in Colorado.

New DraftKings sportsbook players can earn up to $1,000 in deposit bonuses. When making a deposit, you qualify for a 20% bonus up to $1000. Deposit $2,500 to receive the maximum bonus. You can deposit smaller amounts and still receive the full 20%. Players earn $1 in bonus for every $25 wagered. The bonus must be cleared within 90 days of the deposit.

Additional terms and conditions apply.

BetRivers Colorado

Bonus: 100% up to $250 Deposit Match

Claim Bonus: BetRivers Sportsbook Bonus of $250

BetRivers’ online sportsbook is now open in Colorado, bringing the number of states it’s available in to 4: Pennsylvania, Indiana, Illinois and Colorado, with a plan for launch in Iowa. BetRivers is owned by Rush Street Interactive, the same company that operates SugarHouse Online. BetRivers has a number of loyalty perks and rewards to Colorado sports bettors, and is offering up to a $250 match for deposits through our exclusive link. The bonus has a 1x wager requirement making it one of the best bonuses for new bettors.

FanDuel Sportsbook Colorado

Bonus: $1,000 Risk-Free Bet

Claim Bonus: FanDuel Sportsbook $1,000 Risk Free Bet

FanDuel is another daily fantasy sports company licensed in Colorado that entered the legal sports betting industry in the state. You receive $5 in your account immediately upon signing up. No deposit is necessary. You will receive another $5 upon making a deposit.

The best deal at FanDuel is when you deposit up to $1,000. You will receive a free bet for that amount on your first wager. If it loses, your account is reimbursed for the losses. This is awarded as a free bet. It may not be withdrawn but the winnings are eligible for cashout.

Bonus: $1,000 Risk-Free Week

Claim Bonus: $1,000 Risk Free Week launched in Colorado after partnering with Johnny Nolon’s. offers great odds and a $1,000 Risk-Free week promotion for new customers.


Bonus: $500 Deposit Bonus

Claim Bonus: BetMGM Sportsbook $500 Deposit Bonus

Bet MGM is operated by MGM Resorts out of Las Vegas. It offers one of two bonuses. Players may take advantage of a $500 deposit bonus. The $500 bonus must be wagered at least six times to withdraw. There is also a free $25 just for creating an account. This bet requires a 25 times wager requirement.

PointsBet Colorado

Bonus: 2 Risk-Free Bets up to $1,500

Claim Bonus: PointsBet Sportsbook $1,500 Risk-Free Bets

PointsBet offers a little something different, a dual risk-free bonus bet offer. New accounts can receive two risk-free bets, one up to $500 on a fixed-odds bet, and a $1,000 risk-free bet to use specifically for PointsBetting, a spread bet which allows bettors to wager on how much their team will cover by, which multiplies depending how much over the threshold they are when the game concludes.

Fox Bet Colorado

Bonus: $500 Risk-Free Bet + Up to $500 Deposit Match

Fox Bet offers new players a risk-free $500 bet on their first bet. There is also a 20% up to $500 first deposit bonus. This only requires a single rollover to withdraw. However, the odds for the bonus bet must be no higher than a 2:1 favorite.


Bonus: None available

BetMonarch is the first homegrown sportsbook to launch in Colorado, both owned and operated locally. The new app launched in May 2020, about a week after Colorado legal sports betting went live. As the name suggests, BetMonarch is attached to the Monarch Casino in Black Hawk, and bettors will also be able to place bets at the retail sportsbook in person once Colorado casinos reopen.


Bonus: Depost $20, Get $20 Risk-Free.

SBK is the online sportsbook from Smarkets an established European sportsbook. SBK launched on June 4 and is currently offering new users a risk-free bet of $20 when they deposit $20.

Sky Ute Sportsbook

Bonus: None available

Sky Ute Sportsbook is the online sportsbook from the Southern Ute Indian Tribe. Sky Ute Sportsbook launched on June 9 and is currently not offering a sign-up or deposit bonus.

Circa Sports

Bonus: None available

Circa Sports is an online sportsbook that started in Las Vegas at theD and Golden Gate. Colorado is its first online sportsbook outside of Nevada and promises to have high limits and great odds.


Bonus: Bet $50, Get $50

BetWildwood is an online sports betting site operated by Wildwood Casino.

theScore Bet

Bonus: $1,000 Cash Back + $100 Free Bet

theScore Bet offers up to $1,000 cash back, bettors will get 5% cash back on every wager (doesn’t matter if you win, lose or push). New users also get $100 free bet by placing one wager on the app.

Elite Sportsbook

Bonus: 50% up to $500 / $500 Risk-Free Bet

Elite Sportsbook is partnered with Red Dolly Casino. They are offering first-time users 50% up to $500 on deposit and a risk-free bet of up to $500 on their first bet.

Betfred Sports

Bonus: $500 Risk-Free Bet

Betfred is a European operator that partnered with Saratoga to launch their online sportsbook in Colorado. Betfred is an official partner of the Denver Broncos and offers new players up to $500 risk-free bet when they sign-up.

Colorado Sports Betting Promotions

Existing users can take part in sports betting promotions offered at many of the Colorado sports betting sites.

Colorado Sports Betting Sites Launching Soon:


New 888 sportsbook players receive a free $10 bet. There is also a 100% up to $500 first deposit bonus. The bonus must be wagered six times within 30 days to clear it.


New Bet365 players receive a 100% up to $100 first deposit bonus. The wager must be turned over once. The bonus may not be withdrawn but the winnings may once the wager requirement is met.


BetAmerica is best-known as a horseracing betting company. It is owned and operated by Churchill Downs. It has been licensed in Colorado in the racing industry for years. New players receive a free $20 just for downloading the app and creating an account. New depositors receive a free bet of up to $500. The bet must be made within 365 days of the first deposit. The free bet may not be withdrawn. Winnings may be with just a single rollover.

Colorado Sports Betting Bonus FAQ

Do Colorado sports betting sites have deposit bonuses?

Most do! Out of 16 sportsbooks that have launched in Colorado, thirteen of them offer a sports betting deposit bonus.

What types of bonuses do Colorado sports betting apps have?

It depends on the site. Some give players free money just for creating an account. There are also deposit, risk-free, and free bet bonuses.

Is there a wager requirement for Colorado sports betting apps?

Yes, online sports betting apps require a wagering requirement that varies depending on the sportsbook but usually, it’s at least six times wagered.

Can I deposit without a bonus?

Yes. Contact the site before making your first wager. You can have the bonus removed.

What is a wager requirement?

This is the amount a player must wager before requesting a withdrawal when accepting a deposit bonus.

Are Colorado sportsbooks available on iPhone and Android Devices?

Yes, you can find Colorado sportsbooks in the Apple App store. You will need to download the Android apps via the website as the Google Play Store does not currently allow real money sports betting apps.

About the Author

Mark Hoover

Mark works as a freelance content writer, specializing in casino gaming and sports betting. Mark has been writing for over five years and his work has been published on several well-known gaming sites.