Colorado Promo Code & Sportsbook Review 2021

Deposit Bonus - T&C's Apply

Bonuses and Promotions

Odds VS. The Competition

Market Depth & Variety

Deposit & Cash Out

Mobile App


Bottom Line

Colorado has plenty of sports betting websites. However, is the first one that seems to be designed for the web first. has a barebones layout that looks approachable to new bettors. It offers a basic welcome bonus that may look familiar to seasoned bettors. However, its terms set it apart from the rest of the Colorado market. For a plain-looking site, has a few standout features. So, here’s how it compares to the other Colorado sportsbooks and whether bettors should pay attention to this new betting site.

Solid Bonus
Banking Options
Sports Variety

**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.

See in Action Colorado Sportsbook Promo Code 2021 offers new players a 20% deposit bonus of up to $500 dollars. You can unlock the promo using our exclusive link right here. Colorado Promo Code
None - Use our exclusive link to unlock a $500 welcome bonus

Promos offers risk-free week of betting, where bettors can play for an entire week and have their losses refunded up to $1,000. Many other CO sportsbooks offer a one-time $500 risk-free bet, but they’re usually only good for a bettor’s first bet.

But offers something new. Instead of offering one refunded bet, it refunds a week’s worth of play. Bettors must deposit at least $10 and place at least one bet during their first week on But after one week, will refund bettor losses up to $1,000. That means bettors who bet $1,000 and only win $500 during their first week will get another $500 in site credits at the end of their first week.

This bonus is stronger than many competing offers because it lets new bettors cash in on a welcome bonus. Sportsbook App Store reviews are full of irate bettors who didn’t realize they missed out on a welcome bonus when they placed their first bet. But gives new bettors a week of wiggle room, which is seven days and many bets more than its competitors.


Odds is a hidden gem in Colorado’s sports betting industry. It has competitive underdog odds, unseating FanDuel as the underdog king. Here are’s odds against its strongest competitors on the Charlo/Derevyanchenko boxing match:

Fox Bet-154+110+1,600 dominates the odds on Derevyanchenko and the remote possibility of a tie. Even though it reduces Charlo’s odds, still has the third-best Charlo odds in this group. Even when isn’t on top, it’s competitive. Here are its odds on the Broncos/Buccaneers game:

SBK+235-256 is second only to SBK, which is no small feat in Colorado. Since SBK’s odds are set by bettors, its house advantage is smaller. So, SBK generates competitive odds. But has made a strong entrance into Colorado. It just has to maintain its lead after a few months of competing.



A first look at betting lines doesn’t reveal anything groundbreaking. It has a strong selection of sports to bet on. has everything from core professional sports to Gaelic football and hurling. There’s something for everyone.

But the leagues within those sports are where comes into its own. In sports like golf, offers betting lines on the US Masters and Open Championship. However, it also has contests like the Dubai Duty Free Irish Open and LPGA Money List. In soccer, has 60 leagues to choose from. has many sports and leagues to choose from.

Its selection of sports is in line with other Colorado sportsbooks. But its selection of leagues within each sport is staggering. If bettors want to find new–even obscure–leagues, is a good place to do it.


Cashout has many leagues to wager on, but only a few ways to deposit betting money. The site offers four deposit options:

  • Mazuma
  • Skrill

Mazuma is a credit union that does’s bank transfers. Once bettors decide how much to deposit, they’re whisked away to a new screen where they complete the transfer. For online banking, bettors select their bank and enter their information. Skrill users have to log in and follow the prompts until the money is deposited into the account. Credit and debit cards are listed as options in the help section, but not in the deposit section. Card options may be coming later.

All bettors can use to withdraw are bank transfers and Skrill. Many sportsbooks have two or three withdrawal options, so is in line with the Colorado market.

However, bettors must verify their accounts before they can withdraw funds. That includes uploading a driver license and one of the following documents for proof of address:

  • Credit Card Statement
  • Bank Statement
  • Phone Bill
  • Utility Bill
  • Voided Check

It’s not part of the registration process. I have a user ID and a login without the identity verification steps. But if I wanted to withdraw my winnings, I would have to upload these documents.


App doesn’t have a Colorado app yet. However, it has an app scheduled for release at an unknown future date. Its mobile website is a fair substitute for an app but pulling up a Safari window is inconvenient. There’s one other Colorado sportsbook without a mobile app–for now – so is out of step with the rest of the market in that regard.

But gets points for a good-looking website. We praise sites and apps that are easy to navigate here, and has earned that praise. The website unfolds beautifully on my iPad. I can scroll down the live betting section and the upcoming games section side by side. If I want a full list of league events, I can scroll through my options on the top banner. It’s easy to get around, and the lines are easy to read.

But on my iPhone, the site becomes glitchy. The A-Z list of sports doesn’t load on my phone. If the game I want to bet on is live or upcoming, then my phone is an option. But still has some kinks to work out before its website is a full substitute for an app.

And, of course, until releases a Colorado app.


Overall has accomplished much with very little. Its minimalist website simplifies navigation–a feature its Colorado app hopefully maintains. Risk-seeking bettors who bet on the underdog should keep on their shortlist of sportsbooks to try. And anyone with eclectic sports tastes can spend hours browsing the international leagues offers. Its deposit and cashout options roughly match Colorado’s market standard.

Its biggest shortcoming is its app. needs a mobile presence to be competitive in Colorado. Its website mostly works, but it still has a few glitches. And who wants to open the internet app on their phone when they can download over a dozen other sportsbook apps? is off to a strong start. It just needs to put a few more pieces together.

Is A Legit Website?

Yes. Despite its late-90’s startup name, is a real and reputable sportsbook. It’s run by a company called Carousel Group, which is an iGaming company with three brands under its belt. Here’s how bettors can rest assured that will do more than eat their money.’s Colorado Gaming License isn’t a strange website whose word we have to take at face value. It’s applied for and received a Colorado sports betting license. So, it’s operationally ready to serve Colorado bettors. The State of Colorado believes can accept money, award money, and keep sensitive customer data secure. That’s more than we can say for an offshore sportsbook. Has A Complaint Process

By itself, this isn’t a confirmation of a legitimate site. However, it’s a signal that has a customer service infrastructure in place. Illegal sportsbooks don’t need customer approval to operate. is willing to get feedback from its customers and resolve customer disputes.

The State Of Colorado Has Its Own Sportsbook Complaint Department

Part of the licensing process includes sportsbooks submitting to Colorado’s complaint resolution process. But if can’t resolve its customer complaints, Colorado’s Gaming Commission can litigate customer complaints, too. If the Board finds the sportsbook acted wrongly, it can issue fines or license suspensions. It’s a powerful safeguard for bettors.

Colorado Has All Of’s Financial Statements

The company that owns is only three years old–the same number of years of financial statements Colorado requires from sportsbook applicants. These documents include:

  • Income statements
  • Balance sheets
  • Statement of Cash Flows
  • Sources of Income

Knowing where’s money comes from and where it goes ensures Colorado authorities can detect and stop criminal activity. So, it’s an excellent deterrent to illicit activity from any licensed Colorado sportsbook. Has Terms And Conditions And A Privacy Policy

Illegal sportsbooks want bettors’ money, and they may not want to award it if they win. In contrast, wants to comply with consumer lawyers. Their terms and conditions and privacy policies make important pacts with their bettors. So, don’t take a commitment to fair and transparent rules for granted. It creates a massive divide between legal and illegal sportsbooks.

Why Bet At Instead Of An Illegal Sports Betting Site?

Illegal sports betting sites can be tempting. They can offer odds that seem too good to be true. So, bettors may think it’s a good idea to cash in on incredible odds on an underdog they’re sure will come through. But licensed sportsbooks come with an enforcement mechanism that compels them to pay bettors. Government oversight sets a cash reserve to ensure sportsbooks can pay their bettors.

But illegal sportsbooks aren’t obligated to pay their bettors. Since illegal sportsbooks operate outside the law, there’s no external mechanism that compels them to pay their winners. And if bettors get stiffed by an illegal sportsbook, who will they tell? If they go to the police, they’ll have to confess to illegal sports betting. Needless to say, Coloradans do not have legal recourse if they engage in illegal gambling.

The Value Of Industry Standards

Illegal sportsbooks also aren’t bound by any of Colorado’s sports betting rules. Colorado’s Division of Gaming has a set of rules that set boundaries in the sports betting industry. For example, the Colorado Division of Gaming has the right to see sportsbook documents on command. The rules set security standards and preliminary audits sportsbooks must undergo before launching in Colorado. It also lays out the details of how bettors can bring sportsbook complaints to the State of Colorado.

While legal sportsbooks can anger bettors, holding them accountable is straightforward. Licensed sportsbooks can be fined or jeopardize their licenses if they operate illegitimately. If regulatory authorities suspect they are, sportsbooks can be hauled in front of a Board and investigated. Consequently, that investigation leaves a black mark on a sportsbook’s record. It’s something a sportsbook would have to disclose in future state license applications. They have market access at stake, so licensed sportsbooks are motivated to be on their best behavior. Illegal sportsbooks have no such motivation to operate legitimately. Bettors are better off betting at legal licensed Colorado sportsbooks.

Why Can Bettors Trust With Their Money?

Licenses and market access may keep legal sportsbooks under control. But why should bettors think their money is safe at What guarantees their money’s security? cites its “government-approved data centers and world-class security” as standout security protocols. Details are sparse, but it must include SSL certification. It’s a core piece of online security that online sportsbooks–and any other website–can’t do without it. On an unsecured site, bettors’ information is vulnerable to hackers who can screengrab that information. However, SSL certifications encrypt that data once bettors enter the first digit of their social security numbers. Customer data isn’t legible until it reaches a sportsbook’s server. That’s one of the most basic ways sportsbooks keep customer data secure.

Data security is never perfect on the internet. However, it’s as secure as consumers can expect. So,’s subscription to Colorado’s audit and security standards ensures a smooth betting experience.

How To Deposit On has one of the easiest signup processes in Colorado. There’s one short form to fill out, and bettors can do it on their phones. All the information bettors have to enter is their:

  • Name
  • Email
  • Desired password
  • Address
  • Last four digits of their social security number

However, bettors have to submit documents for identity verification to withdraw funds. That’s where bettors have to submit a driver’s license and utility or credit card bill. We’ll cover that in more detail in the deposit and withdrawal section. The initial registration is easy. Fact Sheet

Colorado Sports Betting Age21 Legal StatesColorado Colorado PartnerJohnny Nolon's FAQ

How Old Do Bettors Have To Be To Bet At In Colorado?

Bettors must be 21 to place sports bets. Young bettors may be confused about why they can build fantasy teams but can’t place sports bets. The fantasy sports age is only 18. Putting together a team for potential prize money isn’t considered gambling. However, sports betting can’t get around the gambling definition. So, bettors must be older to partake.

Is Licensed In Colorado?

Yes. Colorado’s Department of Revenue keeps a list of licensed sports betting operators. Licensees endure an invasive application process that’s heavy with paperwork. Executive management must go through background checks to make sure they’ve never been convicted of gambling crimes. Colorado’s Department of Revenue also has three years of financial records and’s legal record. A Colorado sports betting license is a powerful stamp of approval.

Does Have Live Betting In Colorado?

Yes. Like many sportsbooks,’s homepage is full of live and upcoming events. Live betting also has its own tab between the home and promotions tabs. Live betting is great for bettors who want to see the odds change a little one way or the other. Admittadly, They’d have to know how each team plays to profit reliably. But that’s half the fun of sports betting, isn’t it?

Can Bettors Sign Up For From Anywhere In Colorado?

Yes. As long as bettors have a WiFi connection, they can register from anywhere they want. However, uploading a credit card bill may be more difficult to do if it’s not on hand. A screenshot may work if bettors have already gone paperless. (Does anybody get a bill in the mail anymore?) But the verification process doesn’t have to happen until bettors want to move their money from their sportsbook accounts to their bank accounts.

Do Bettors Have To Be In Colorado To Bet At

Yes. Bettors can register from anywhere, but they must be in Colorado to place a bet., like all Colorado sportsbooks, geofences its website around Colorado. That prevents bettors from outside Colorado from wagering at Colorado sportsbooks. It also keeps from violating the Wire Act, which prohibits betting information from crossing state lines. wisely chose not to run afoul federal law, so all the bettors on its Colorado site are Coloradans.

Is Legal In Colorado?

Yes. Carousel Group, the company in charge of, got its license on April 30, 2020. However, didn’t launch until mid-September. There are a few reasons sportsbooks may get the license first, then launch their product. They may update their site security per the state’s audit. There may be last-minute offerings they want to put in place. But once Carousel Group secured its license, became legal in Colorado.

About the Author

Christopher Gerlacher

Christopher Gerlacher is a freelance writer tucked into the foothills in Colorado Springs. He works as a content writer, a professional resume writer, and authors search engine optimized professional articles in multiple industries.