Colorado Sports Betting: Find the Best Colorado Sportsbook

Tired of reading the same ‘top Colorado sportsbooks’ list over and over?

We built something better, a smart, personalized tool that matches you with the best Colorado sportsbooks based on how you like to bet.

Just answer a few quick questions. We’ll show you the top legal sportsbooks in Colorado that fit your style, whether you bet casually, chase promos, or go all-in on live betting.

Get matched with the best Colorado sportsbook for you

With over 19 legal sportsbooks in Colorado, it’s easy to get overwhelmed. Our tool helps you cut through the noise.

Choose 'Colorado' as the state you live in, answer a few questions, and we'll match you with the best options.

We only suggest trusted and regulated sportsbooks available in Colorado.

Question 1

What state do you live in?

Why it's important?

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Top sportsbooks

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1

FanDuel Sportsbook

Bet $5, Get $150 in Bonus Bets If Your Bet Wins

Place a $5 Wager and Get $150 in Bonus Bets If Your Bet Wins. 21+. New customers only. Offer(s) available in AZ/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA/MI/NC/NJ/NY/OH/PA/TN/VT/VA/WV/WY/ DC. Minimum $5 first deposit required. Promotion bonus will be credited to your account within 72 hours of settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonuses issued as non-withdrawable bonus bets that expire in 7 days.

2

Caesars Sportsbook

Bet $1, Double Your Winnings on Your Next 10 Bets

Get 10 100% Profit Boosts After Your First Real Money Wager of $1. 21+ only. New customers only. AZ/CO/IL/IN/IA/KS/KY/LA/ME/ MA/MD/MI/NJ/NY/NC/OH/PA/TN/VA/WV/WY/DC only. Deposit required (min $10). Must place first real money Qualifying Wager (min $1) within 30 days. Receive ten 100% Profit Boosts to use on any market. Maximum wager for each profit boost is $25. Maximum additional winnings for each rewarded profit boost is $2,500. Profit Boosts expire 14 days after receipt.

3

bet365 US

Bet $5, Get $150 or $1,000 First Bet Safety Net

Choose your offer: Get $150 in Bonus Bets After Your First Real Money $5 Wager or Get up to $1,000 Back in Bonus Bets if Your First Wager Loses. 21+. New customers only. Limit one bonus per user. Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA. Different offer available in PA. First online real money wager for both offers. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $100 Bonus Bets. Must contain at least one selection at odds of -500 or greater. Loss refunded as bonus bets up to $1,000 with Safety Net Offer. Bonus issued as non withdrawable bonus bets that expire in 7 days.

4

DraftKings Sportsbook

Bet $5, Get $150 in Bonus Bets Instantly

Instantly Get $150 in Bonus Bets After Your First Real Money $5 Wager. 21+. 1 per new customer. Offer available in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MA/ME/MI/NJ/NY/NC/OH/PA/TN/VT/VA /WY/WV/DC. Eligibility restrictions apply. Min. $5 deposit. Min. $5 qualifying wager. Max. $150 issued as six non-withdrawable $25 Bonus Bets. Bonus Bets expire in 7 days (168 hours). Stake removed from payout.

5

Fanatics Sportsbook

Bet and Get up to $1,000 in No Sweat Bets

21+. New customers in AZ/CO/CT/IN/IA/KY/LA/MD/MA/ MI/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in IL/NC/NY. Must opt-in and make a qualifying wager of $1+. One qualifying wager per day. Qualifying cash wager must have odds of -500 or greater. If the qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $100 per day. Bonus bets paid out within 72 hours of qualifying wager settlement. Bonus Bets expire 7 days from issuance. See full T&C at Fanatics Sportsbook.

6

BetMGM Sportsbook

Up to $1,500 in Bonus Bets if Your First Bet Doesn’t Win

21+. New users only. Offer available in AZ/CO/IL/IN/IA/KS/LA/MD/MA/ MI/NJ/OH/PA/TN/VA/WV/WY. Different offer available in NC. Offer not available in NV/NY/PR. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Rewards are non-withdrawable bonus bets that expire in 7 days. Please gamble responsibly. Gambling problem? Call 1-800-GAMBLER. See full T&C at BetMGM.

FIND THE BEST SPORTSBOOK FOR YOU!

Top Colorado sports betting sites & promos

🏈 Colorado sports betting legal status

❓ Is sports betting legal in Colorado? Yes, sports betting is fully legal in Colorado—both online and in-person. The market launched on May 1, 2020, allowing residents to place bets through licensed sportsbooks and at retail locations, mainly inside casinos located in designated gaming towns.

List of Colorado sportsbooks in April 2025

Below is a list of all Colorado sportsbooks currently active and licensed by the Colorado Division of Gaming.

Best Colorado sportsbooks reviewed

When it comes to legal sports betting in Colorado, bettors have no shortage of options.

We’ve tested and reviewed the top Colorado sportsbooks, using key rating factors like customer support, deposit and withdrawal speed, mobile experience, betting options, bonuses, and live betting features.

Our top picks for Colorado in April 2025 are:

1. FanDuel Sportsbook Colorado – Best for user experience

2. DraftKings Sportsbook Colorado – Best for daily fantasy and mobile app

3. Caesars Sportsbook Colorado – Best for odds boosts and promos

4. BetMGM Sportsbook Colorado – Best for building parlays and payment flexibility

5. bet365 Sportsbook Colorado – Best for live betting and in-game markets

6. BetRivers Sportsbook Colorado – Best for new users and NHL streaming

7. ESPN BET Colorado – Best for market variety

8. Fanatics Sportsbook Colorado – Best for NFL fans and loyalty rewards

We break down each sportsbook in full below so you can decide which one fits your betting style. Each review is based on real testing with verified accounts.

1. DraftKings Sportsbook Colorado - Best for beginners

DraftKings overview

DraftKings sportsbook video review

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Summary

DraftKings Sportsbook is one of the best options for Colorado sports bettors, with a slick mobile app and a wide range of different betting markets to appeal to sports fans in Colorado.

New Colorado users can claim the Bet $5, Get $150 in Bonus Bets welcome offer. Once they place a qualifying wager, these new customers will get six $25 bonus bets. These bonus bets are eligible for up to 7 days, so these new players will have plenty of time to check out the platform.

The sportsbook offers markets on every major sport from the NFL, NBA, NHL, and MLB, to NCAA football and NCAA basketball, as well as having plenty of options for tennis, soccer, and golf markets.

Live betting features prominently, offering current odds as the action unfolds and limited live streaming to enhance “in-the-game” wagering.

DraftKings also features competitive odds, robust prop markets, and Flash Bets, which allow you to place a fast wager on an individual game event.

Casual bettors like DraftKings’ promotions and interface, but the sportsbook is known to limit consistently profitable accounts, so high-limit bettors beware.

Read our expert DraftKings review.

DraftKings pros and cons

2. Caesars Sportsbook Colorado - Best for sports selection

Caesars Sportsbook overview

Caesars Sportsbook video review

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Summary

Caesars Sportsbook provides an all-around sports betting experience in Colorado. Caesars is historically one of the biggest brands in all of gambling.

New users get a welcome gift of their own: Deposit $10 and make a $1 wager to automatically receive 10 profit boosts, each of which doubles potential winnings, good for a combined bonus value of up to $25,000.

A standout feature is the live streaming of NFL events. Bettors are able to stream both regular season and playoff NFL games right from the app, a rare feature among sportsbooks.

Another big draw is the Caesars Rewards program, which lets you earn redeemable points for gift cards, electronics, and VIP perks at 50-plus Caesars Entertainment properties in the U.S.

With wide-ranging banking options available, from Venmo and PayPal to Play+, deposits and withdrawals begin at just $10, with the vast majority of transactions processed within 24 hours.

Bettors have to choose from 25+ betting markets, with live betting and same-game parlays to wager on.

Caesars’ odds and market availability sometimes lag behind those of top competitors, but its first-class customer service, unique features, and highly-rated mobile app (4.6/5 iOS, 4.2/5 Android) make it a top option for Colorado sports bettors.

Read our expert Caesars Sportsbook review.

Caesars Sportsbook pros and cons

3. BetMGM Sportsbook Colorado - Best for mobile betting

BetMGM overview

BetMGM sportsbook video review

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Summary

BetMGM Sportsbook is an elite option for Colorado sports bettors.

With over 130 betting options available per NFL game—among them, point spreads, moneylines, and totals—and more than 30 alternate half-point spreads to choose from, bettors are certain to appreciate the variety of offerings.

New users can claim a welcome bonus worth up to $1,500 in bonus bets if their first wager loses, while existing bettors can take advantage of ongoing promotions such as parlay boosts, bet insurance, and exclusive Vegas discounts.

Boasting a roster of 75-plus betting markets for every MLB game and a robust overall focus on live or in-game betting, BetMGM is great for real-time wagering. This includes a steady offer of in-game player props and competitive baseball odds.

A highly rated mobile app (4.8/5 iOS, 4.3/5 Android) makes it easy to place bets on the move, with live feeds, game alerts, and easy navigation.

BetMGM has an excellent array of gaming options, including access to its online casino and poker platforms, interesting golf, UFC, and entertainment events lines.

While sharp bettors occasionally find accounts limited, casual bettors will find that BetMGM Rewards Points allow for the accumulation of loyalty points to be earned and redeemed in multiple states.

Supported by MGM Resorts International, BetMGM offers the combo of trusted industry experience and a premium sports betting experience, which makes it a top option for Colorado bettors.

Read our expert BetMGM review.

BetMGM pros and cons

4. bet365 Sportsbook Colorado - Best for market selection

bet365 overview

bet365 sportsbook video review

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Summary

bet365 Sportsbook Colorado provides one of the best betting experiences for users. It offers over 30 sports markets to bet on, including major sports such as the NFL, NBA, and MLB, as well as cricket and virtual sports.

New account users in Colorado can get a $150 bonus from a $5 wager or first-bet insurance worth up to $1,000. All bonus bets are applied to accounts within 1 hour of meeting the qualifying criteria.

Live betting and streaming are particularly noteworthy, with real-time updates, as well as high-definition streaming for major events like the Super Bowl and World Series.

Featuring competitive betting odds across MLB, UFC, horse racing, and numerous additional sports, bet365 guarantees Colorado bettors excellent value for money, while there’s strong flexibility in bet limits with the minimum stake priced from just $0.10.

Secure payment options are provided, such as via PayPal, Visa, and Skrill. No fees are required for a withdrawal. The minimum deposit is $10. Transactions are fast and fee-free.

For Colorado bettors looking for first-class live betting, quality promotions, and top-notch odds, bet365 is a great sportsbook option.

Read our expert bet365 review.

bet365 pros and cons

5. FanDuel Sportsbook Colorado - Best for promos and bonuses

FanDuel overview

FanDuel sportsbook video review

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Summary

FanDuel Sportsbook Colorado boasts a wide range of competitive odds and markets.

Players can wager on 20+ sports and are granted access to hundreds of daily markets across some of the most popular domestic leagues, like the NFL, NBA, MLB, and more.

New Colorado users can earn $150 in bonus bets by placing a $5 wager, with bonus funds credited to their accounts 72 hours after a winning bet has been determined.

The FanDuel app boasts 4.8 out of 5 stars on iOS and a 4.7 experience on Android devices. It's easy to navigate, offers up-to-the-second updates, and features prebuilt same-game parlays in addition to options to customize and build your own.

FanDuel leads the way in live betting with quick-changing odds and has exclusive live streaming rights with Major League Baseball for their “Free Game of the Day,” which is also available on FanDuel+ in-app.

Colorado bettors also benefit from advanced responsible gaming tools, such as “My Spend” tracking.

Read our expert FanDuel review.

FanDuel pros and cons

6. Fanatics Sportsbook Colorado - Best for rewards program

Fanatics overview

Summary

Fanatics Sportsbook Colorado has wasted little time making a dent in the state. It boasts NFL live streaming and a mobile app with an app store rating of 4.7/5 on iOS and 4.5/5 on Android.

New users can get up to $1,000 in "No Sweat Bets," distributed over 10 days, for a minimum bet of $1.

Bettors can earn FanCash rewards up to 10% on every wager, which can be used to redeem Fanatics merchandise and other benefits.

The platform’s live betting system leverages Amelco software to provide constantly updating odds in real-time to facilitate seamless in-game wagering.

A highlight is Fanatics’ withdrawal tracker, which provides transparency on payout processing in as little as 24 hours.

With solid live streaming, evolving betting markets, and unique rewards to top it all off, Fanatics Sportsbook Colorado should excite casual and hardcore bettors alike.

Read our expert Fanatics sportsbook review.

Fanatics pros and cons

7. BetRivers Sportsbook Colorado - Best for live betting

BetRivers overview

BetRivers sportsbook video review

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Summary

BetRivers is a trusted name in betting and offers a great sportsbook with live betting, same-game parlays, and a second-chance bet welcome offer of up to $100 for new users.

Colorado bettors have access to 300+ NHL betting options and a variety of NFL and NBA futures, including playoff odds, division winners, and awards for best players.

The BetRivers mobile app (iOS and Android) has streaming availability for select events and a smooth interface (though some users may say it's a bit cluttered).

BetRivers offers all the major sports you’re looking for, fueled by Kambi’s odds. There are also exotic markets, including first-period moneylines in hockey and first-inning results in MLB.

Promos come in the form of parlay insurance or profit boosts, though some offers have restrictive terms. The aforementioned bonus bets come with a -200 minimum odds requirement.

With live chat 24/7, secure deposit transactions, and Colorado-specific regulation, BetRivers is a well-rounded option for casual bettors looking for a good variety of betting markets and dependable customer service.

Read our expert BetRivers sportsbook review.

BetRivers pros and cons

8. ESPN Bet Sportsbook Colorado - Best for cashback rewards

ESPN Bet overview

ESPN Bet sportsbook video review

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Summary

ESPN Bet takes ESPN’s in-depth sports expertise and combines it with a sleek, easy-to-use sports betting experience that has the potential to become a formidable new player in the Colorado sportsbook landscape.

New users get 2 welcome offers: Up to $1,000 First Bet Reset (Where losing bets are refunded as bonus bets in 20% increments) and a 200% deposit match up to $500 for deposits of $10 or more.

ESPN Bet comes equipped with 19 sports for bettors to choose from, including offerings like the NFL, NBA, MLB, and college football, with hundreds of betting markets per game that meet the needs of both casual and seasoned bettors.

The mobile app, rated 4.8/5 from iOS and 4.3/5 on Android, had a smooth experience, with cashing out early as an option and strong live betting features as standouts.

While live streaming hasn't quite started, ESPN’s long-established dominance in the sports media market would suggest it could launch down the line.

Offering 24/7 customer support through live chat and email, ESPN Bet is set to be a compelling choice for Colorado sports bettors.

Read our expert ESPN Bet sportsbook review.

ESPN Bet pros and cons

How we rate & rank Colorado betting sites

Our intention is to provide factual, impartial reviews of legal Colorado sports betting sites that make it simple to comprehend their pros and cons.

We use a uniform set of nine criteria to judge each platform, so you know you’re comparing them in a fair, apples-to-apples way:

1. Safety: We check whether the sportsbook is licensed to operate in Colorado. We also take a full look through their history, whether it’s new or well established, so that we’re certain your money is safe there. Further safety features are added whenever necessary.

2. Mobile betting app: We analyze the layout, functionality, user experience, distinct features and how easy it is to place a real money wager.

3. Web betting site: We put everything you need to know to the test, including pros, cons, and how to customize the site and place a bet.

4. Deposits & withdrawals: We check out what payment methods you can use, how easy it is to make transactions, fees and processing times for both deposits and withdrawals.

5. Markets: We look at the range of sports you can bet on and compare the quality and breadth of markets on offer across US sportsbooks.

6. Pre-match betting: We evaluate the convenience and flexibility of the prematch betting functionality.

7. In-play betting: We assess your options for betting live on sports. Our focus is on how good the live markets are and how easy they are to use.

8. Welcome incentive: We outline the current sign-up bonus and compare it to what other sports betting sites are offering.

9. Customer service: We assess the quality of customer service, including live chat responsiveness and the efficacy of the support supplied.

We download and use each betting site ourselves with our own money to ensure the quality of the site is good enough for our readers to use.

Scoring & overall rating

Each criterion is scored on a points system, which is then converted into a star rating.

We average these scores to provide an overall rating for each legal sportsbook, making it easier for you to decide which one best meets your needs.

With our thorough and clear reviews, you can trust that you are getting an honest assessment, free from personal bias.

You can view our dedicated page for more information on how we test and review sportsbooks.

Additionally, you can view all of our sportsbook reviews.

What is the best Colorado sports betting app for iPhone?

What is the best Colorado sports betting app for Android?

🏢 Land-based Colorado sportsbooks

🏈 Colorado sports betting guide

Is sports betting legal in Colorado?

Yes, sports betting is fully legal in Colorado. Voters approved Proposition DD in November 2019, legalizing both retail and online sports betting under state regulation.

The market officially launched on May 1, 2020, and is regulated by the Colorado Division of Gaming. Players can bet through licensed sportsbooks online or in-person at casinos located in Black Hawk, Central City, and Cripple Creek.

🏁 How to start betting in Colorado

Whether you're new to sports betting or just new to the state, here's how to get started with a legal Colorado sportsbook:

✅ 1. Choose a legal Colorado sportsbook

Only place bets with operators licensed by the Colorado Division of Gaming. Trusted names include FanDuel, DraftKings, BetMGM, Caesars, BetRivers, and others.

What to look for:

• Mobile app ratings of 4.5+

• Fast withdrawals and low deposit minimums

• Welcome bonuses that match your betting style

📝 2. Register for an account

Sign up online or in-app. You’ll be asked to provide:

• Full name, address, and date of birth

• Last 4 digits of your SSN for identity verification

• Location access (you must be physically in Colorado to place bets)

💳 3. Make your first deposit

You can fund your account with trusted payment methods:

• PayPal, online banking, Venmo

• Visa, Mastercard, or Play+ prepaid cards

Minimum deposits start at $5–$10, depending on the sportsbook.

🎁 4. Claim a welcome bonus

New users can typically claim one of the following:

• Bonus bets

• Deposit matches

• Second-chance bets

Pro tip: You can redeem a welcome bonus from each licensed sportsbook once.

🏈 5. Place your first bet

Pick a sport and wager type that fits your style:

• Moneyline – Bet on the outright winner

• Point spread – Bet on the margin of victory

• Totals (Over/Under) – Bet on combined score

• Parlays – Combine multiple picks for bigger payouts

Place your wager and wait for the results.

💰 6. Withdraw winnings

Most withdrawals are processed within 1–3 days via:

• PayPal, Venmo, or online banking

• Paper checks and eChecks may take 3–7 days

Make sure to verify your identity before requesting a withdrawal.

📅 Colorado sports betting revenue (2025)

🚫 Colorado sportsbooks to avoid

While Colorado offers a wide range of legal, licensed sportsbooks, some betting sites should be avoided.

These platforms operate offshore or without a license from the Colorado Division of Gaming, putting your money and personal information at serious risk.

🔐 Why you should stick to legal sportsbooks

Legal Colorado sportsbooks are regulated by the Colorado Division of Gaming, meaning:

• Your money is protected

• Disputes can be resolved

• Customer service is responsive

• Promotions follow fair terms

• Responsible gambling tools are available

💡 Pro tip: Only place bets with sportsbooks listed on the Colorado Division of Gaming's official site. All brands reviewed on this page are fully licensed and safe.

How is Colorado sports betting changing in 2025

Recent statistics

• Colorado set a new tax revenue record in January 2025, collecting $4.44 million, the highest since legalization, with a handle of $657.2 million—a 1.35% year-over-year increase.

• Despite a 7.5% dip in handle to $496.6 million in February 2025, gross gaming revenue (GGR) soared 80% year-over-year to $46.4 million, up from $25.8 million in February 2024.

• Online betting now accounts for 99.4% of all wagers, with retail betting nearly negligible in comparison (just $2.99 million in February).

• Basketball remains king, making up 33% of the February 2025 handle, with $163.99 million in online bets.

• Fiscal year-to-date (as of February 2025), Colorado's total wagers reached $4.31 billion, a 4.71% increase from the previous year, and tax revenue jumped 19% to over $24.5 million.

Sources: Colorado Department of Revenue, Yogonet

Sporting Post insights

Colorado’s sports betting market is maturing rapidly, but not without volatility. The state’s ability to post record tax collections and GGR despite month-to-month handle fluctuations reveals a market that is not just growing in volume but in profitability.

This is likely due to a combination of improved sportsbook margins (the average hold jumped to 9.3% in early 2025, up from 7.7% in 2024), more sophisticated promotional strategies, and increased player engagement with higher-margin bet types like parlays and in-play wagers.

The dominance of mobile betting—now nearly 100% of all action—signals a shift in consumer behavior that’s unlikely to reverse. Colorado’s regulatory approach, which encourages competition (with 18+ online sportsbooks live as of April 2025), has fostered innovation and better odds for bettors, but may also be driving smaller or less competitive operators out of the market.

Recent exits (Betway, ClutchBet, BetSafe) and new entrants (Fanatics Sportsbook) show the landscape is consolidating around major brands with strong tech and marketing.

Another underreported trend: the increasing importance of tax revenue for public projects. With voters approving the removal of the $29 million tax cap in late 2024, all sports betting tax proceeds can now be used for state water projects, making the industry a more integral part of Colorado’s fiscal planning.

Sporting Post predictions

• Continued Revenue Growth, but Handle Plateaus: Expect Colorado’s annual handle growth to slow as the market matures, but GGR and tax revenue will keep rising thanks to higher hold percentages and more profitable bet types.

• Market Consolidation: The number of active sportsbooks will likely shrink further, with only the most innovative and well-capitalized brands thriving. Expect more mergers, acquisitions, and exits among smaller operators.

• Tech and Product Innovation: AI-driven odds, personalized promotions, and expanded live streaming will become standard, as operators seek to differentiate in a crowded field.

• Policy and Regulatory Shifts: With the tax cap lifted, lawmakers may look to further refine regulations, possibly tightening rules around college props or introducing new responsible gambling initiatives as betting becomes more embedded in state revenue streams.

• Mobile-First, In-Play Future: With nearly all bets already placed online, expect even more emphasis on in-play betting, micro-markets, and seamless app experiences, further distancing retail outlets from the action.

Colorado’s sports betting scene in 2025 is defined by record tax revenues, a fiercely competitive (but consolidating) operator landscape, and a digital-first bettor base.

The next phase will be about maximizing profitability, harnessing new technology, and integrating sports betting even more deeply into the state’s economic and social fabric.

How to gamble responsibly in Colorado

Before we end this article, we need to caution you to always bet responsibly.

To ensure you’re being cautious, betting sites implement various responsible gambling practices that will help you keep your betting habits in check.

• Limits: Sportsbooks allow you to set betting limits, i.e. limit how much you can bet in a day, a week, or a month.

• Cashouts: You can withdraw your winnings quite easily from any betting site. This prevents you from spending all of your winnings. There’s also the option for early cashout, so you can still get paid if the bet is starting to go sideways.

• Help & resources: Betting sites provide access to resources for problem gamblers and point them to organizations that can help with gambling addiction.

To help with gambling, we created a 'how to bet on sports' guide, that helps new sports bettors understand the industry better, to play safer and more securely.

Responsible gambling organizations and charities in the US

Frequently asked questions

Editorial policy

Our editorial policy ensures thoroughly researched, accurate, and unbiased content through strict sourcing standards and diligent review by top betting experts and seasoned editors.

This process maintains the integrity, relevance, and value of our content for our readers.

References

• Colorado Limited Gaming Control Commission and Colorado Division of Gaming

• Colorado General Assembly

• Colorado Gaming Association

• Sports betting Catalog

• Division of Gaming

• https://wsb.wharton.upenn.edu/wp-content/uploads/2023/05/Beggy_2023__Betting_Kelly.pdf

• https://sc.edu/uofsc/posts/2024/01/stephen-shapiro-sports-gambling.php

• https://www.stat.berkeley.edu/~aldous/157/Papers/clair.pdf