Colorado Sports Betting 2024: Best CO Sportsbooks Live October 2024

Best Colorado Sportsbooks Available October 2024

A number of different names come and go from the long list of names on the market. Here's a complete list of all the Colorado sportsbooks currently live and legal in the state:

Best CO Sportsbook for User Experience

One of the biggest names in casino gaming, it’s no real surprise that Caesars Sportsbook Colorado has started to excel in the Colorado sports betting market. 

While its online sportsbook platform may not be quite as slick as DraftKings' excellent app, the Caesars rewards program is second to none. You even can redeem your loyalty points at brick-and-mortar Caesars casinos in Colorado like Horseshoe Black Hawk and Lady Luck Casino Black Hawk. 

$1,000 First Bet on Caesars

Promo Code: BETCO1000

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Must be 21+ to participate. T&Cs apply.

Best CO Sportsbook for Merchandise

While you can't buy your favorite Broncos jersey over at Fanatics Sportsbook Colorado, you can earn FanCash Rewards towards a jersey by playing on their online sports betting app. 

Unlike other CO sportsbooks, Fanatics Sportsbook offers a unique rewards program that lets sports fans earn towards their favorite team's gear simply by betting on sports in Colorado. 

Bet And Get Up to $1,000 in No Sweat Bets

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21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VT, VA, WV, or WY only. Must apply this promotion in your bet slip and place a $1+ cash wager with odds of - 500 or longer each day for 10 straight days. Your 10 days begin the day you establish your account. Wager must settle as a loss to qualify for Bonus Bets. Bonus Bets will equal the amount of the losing wager(s) (up to $100 in Bonus Bets per day) and expire 7 days from issuance. This offer is not available in New York. Terms apply- see Fanatics Sportsbook app. Gambling problem? Call 1-800-522-4700, CT (888) 789-7777, IA 1-800-BETS-OFF, MA 1-800-327-5050, VA 1-888-532-3500

Best CO Sportsbook for Bonuses

Hugely successful British online bookmaker bet365 first signed a 10-year agreement with Century Casinos in 2020 allowing it to launch its Colorado online sportsbook in 2022. 

bet365 Colorado is currently working to expand its presence in the U.S., offering a number of sports betting promotions like their two - yes, two! - welcome bonuses available to new Colorado sports bettors.

First Bet Safety Net Up To $1,000

Promo Code: BETCO

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Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.

Bet $5 and Get $200 in Bonus Bets

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Must be 21+ to participate & present in Colorado. Gambling problem? Call or Text 1-800-GAMBLER. T&Cs Apply.

Highest Rated CO Sportsbook

No Colorado sports betting operator wants to bring you in for football season more than FanDuel Colorado does. 

Currently, they're offering a great promo that rewards $300 in bonus bets if you place and win a $5 bet. Additionally, you will get 3 months of NBA League Pass, just in time for the Nuggets 2024-2025 season.

Bet $5, Get $300 in Bonus Bets If Your Bet Wins + 3 Free Months of NBA League Pass

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Must be 21+ to participate. T&Cs apply.

Best CO Sportsbook for New Bettors

The range of sports wagering markets available at BetMGM Colorado is one of the best in the industry. 

This online sportsbook has a wonderfully intuitive bet slip that makes creating parlays and figuring out potential winnings a dream. The edit my bet feature is also a pretty nifty one that allows you to change parts of your bet even after you have placed it. 

Up to $1,500 in Bonus Bets if Your First Bet Loses

Bonus Code: BETCOMGM

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Most Sports Betting Markets in CO

DraftKings Colorado is the market leader in sports betting across the U.S., with only FanDuel coming close in terms of sports betting handle. 

This Colorado sports betting operator has a user-friendly interface and offers a wide range of sports to bet on. DraftKings also has an enticing welcome offer that presents bonus bets simply by betting $5 on any sports betting market, win or lose.

Bet $5, Get $200 in Bonus Bets Instantly!

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Must be 21+ to participate. T&C apply.

Best CO Sports Betting Odds

One of the most unique online sports betting sites in Colorado is Sporttrade. They've taken a different approach compared to what you see with typical Colorado online sportsbooks. 

At Sporttrade Colorado you buy and sell sports betting contracts, similar to trading stocks. With an easy-to-use app, it's worth checking out the new (to Colorado) Sporttrade.

10% Cash Back On Every Bet Your First Week Up To $300

Promo Code: BETCO

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Patrons must be 21 years of age or older in order to claim the following Offer and must be physically present in the state of Colorado to place a wager.

Newest Colorado Sportsbooks

While there are plenty of Colorado online sportsbooks to choose from, it's refreshing to get to know some of the new sportsbooks in CO. Here are the newest sports betting options in Colorado:

NOVIG  

The third exchange betting operator to go live in the Centennial State, NOVIG was the latest brand to go live among Colorado sportsbooks before briefly shutting down to undergo platform upgrades. 

While sports betting exchanges are not yet legal in Colorado, NOVIG had been operating as an online sportsbook until exchange wagering is permitted.   

Fanatics Sportsbook

Merchandising giant Fanatics has jumped into the sports betting world with the launch of Fanatics Sportsbook Colorado. 

After initially launching in 4 states, Fanatics bought the US operations of Australian sports betting operator PointsBet as part of its expansion plans in the US. Fanatics doesn't have a retail sports betting location in the state at this time but is partnered with the Double Eagle Hotel & Casino for its Colorado sports betting license.  

How Many Colorado Sportsbooks Are There?

There are 15 betting apps and 11 retail sportsbooks to choose from among sportsbooks in Colorado. 

Here are those sportsbooks:

List of Online Colorado Sportsbooks

You'll find that there are several Colorado sportsbooks to choose from since the Colorado Limited Gaming Control Commission has allowed 15 online sportsbooks a sports betting license. Here is a list of each live CO sportsbook as of October 2024 along with who they're partnered with.

Retail Sportsbooks in Colorado

According to Colorado sports betting legislation, all 33 casinos in the state are allowed to operate retail sports betting and mobile sportsbooks through partnership agreements. 

However, as of October 2024, there are only 11 retail sportsbooks in Colorado for in-person betting with nearly all of them located in Black Hawk. As there is no deadline on applications for sports betting licenses, the list below could change at any time. 

• Ameristar Casino Black Hawk
• Bally's Black Hawk North Casino
• Bally's Black Hawk West Casino
• Golden Nugget Cripple Creek
• Grand Z Casino
• Horseshoe Black Hawk Casino Hotel
• Lady Luck Casino Black Hawk
• Monarch Casino Resort Spa
• Sasquatch Casino
• The Wild Card Saloon
• Z Casino

Unregulated Sportsbooks in Colorado

While there are plenty of Colorado sportsbooks to choose from, there are still unregulated online sports betting operators that some bettors may choose to use. Please note that we strongly recommend against using these offshore sportsbooks as you won't find the same safety, trust and features that are included in the legal sportsbooks in CO. 

Here are just a few of those unregulated offshore sportsbooks to look for.

BetOnline Sportsbook

BetOnline Sportsbook is one of the most popular options among unregulated sports betting operators. However, we highly recommend against using any sportsbook that does not have a sports betting license in Colorado. 

BetUS Sportsbook

BetUS is another option that may appear as a legal sportsbook in CO, but is another unregulated, offshore sportsbook. 

MyBookie

As far as illegal online sportsbooks go, MyBookie is considered the most popular unregulated sportsbook in the US. While it's available in the Centennial State, it is not licensed, and therefore, we DO NOT recommend using MyBookie given you have a lack of security and trust that you'll find at licensed Colorado sportsbooks. 

How to Sign Up For Colorado Sportsbooks

With so many sportsbooks to choose from it's easy as ever to start sports betting in Colorado. Below are six steps we recommend you follow when you're choosing between all Colorado sportsbooks available today.

1. ✅ Click on one of the links on this page or head to any of the available Colorado sports betting sites. 
2. ✅ Download the sports betting app and install on your device. 
3. ✅ Register for a sports betting account
4. ✅ Enter the promo code associated with the Colorado sportsbook. You can find these on our Colorado sports betting promos page. 
5. ✅ Make the minimum required deposit for your chosen bonus offer.
6. ✅ Start betting!

First Bet Safety Net Up To $1,000

Promo Code: BETCO

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Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.

Who Regulates Sportsbooks in Colorado?

Legal sports betting sites and sportsbooks along with all gaming in Colorado is overseen by the Colorado Limited Gaming Control Commission. 

This is a five-member regulatory body (appointed by the Governor) that meets on a regular basis and is seen as the final authority on all things related to licensed gaming in the state. This includes the adoption of rules and regulations, the final approval of license holders, and any alterations to gaming tax rates. 

The Colorado Division of Gaming operates under the supervision of the Department of Revenue and works alongside the CLGCC. It is responsible for implementation of the commission’s decisions and the general day-to-day running of the gaming industry. 

Role Of The Colorado Division Of Gaming

The Colorado Division of Gaming is seen as the chief regulator of the state’s sports betting operations. It is responsible for implementation of the commission’s decisions and the general day-to-day running of the gaming industry. 

As noted earlier, the Division works closely with the CLGCC to oversee sports betting and is mainly responsible for the following: 

• Licensing
• Regulatory compliance
• Monitoring and auditing
• Consumer protection
• Technical standards
• Problem gambling support

How to Contact the Colorado Division of Gaming

Here's the contact information for the Colorado Division of Gaming

Are Colorado Casinos Legal?

As stated above, there are a total of 33 casinos located throughout Colorado, primarily in Black Hawk. Many of these casinos are home to not only your typical blackjack table but also retail sportsbooks. 

Where Colorado casinos aren't legal is online. Colorado law, in no way, allows any real money wagers online for any regulated casinos. However, Betrivers has a social casino where you can play for fun. 

Any offshore casinos you come across online aren't recommended and put you at risk for losing any funds you deposit.

Colorado Sports Teams You Can Bet On

Colorado is a sports-crazy state with a seemingly endless list of professional and amateur teams that locals cheer on. But it’s the professional teams that generally draw sports bettors to the sportsbooks like Sporttrade Colorado.

Denver Broncos

The Broncos have signed multiple Colorado partnership agreements with sportsbook operators, including FanDuel and BetMGM. Odds on Broncos games can be found at each and every sportsbook and online sports betting platform in Colorado without exception. 

A couple ideal futures betting options you can take advantage of include betting on the Broncos playoff chances and the Broncos Super Bowl odds. 

Denver Nuggets

As you may have guessed, betting on the Denver Nuggets Championship Odds is pretty easy with most sportsbooks offering special bets on Nuggets games throughout the season. 

Colorado Rockies

Looking to build on its U.S. presence, bet365 recently signed a deal to become the official sports betting partner of the Colorado Rockies. You can expect to see many Rockies offers on Colorado sportsbooks throughout the 2024 season.

Colorado Avalanche

Betting on the Colorado Avalanche Stanley Cup odds is relatively simple, as all sportsbooks in the state carry odds for all NHL games.

Colorado Buffaloes

Led by coach Deion Sanders, Colorado football was one of the hottest college football teams in the country to bet on in 2023, and expectations for the squad are high in 2024. The basketball team, meanwhile, made some noise in the 2024 NCAA Tournament.

Colorado State Rams

Basketball is the big sport for the Colorado State Rams, who made the March Madness NCAA Tournament in 2021-22 and should make it again in 2023-24. CSU has played in the Mountain West Conference since 1999. 

Air Force Falcons

The Air Force Falcons have enjoyed a hefty amount of success in the Mountain West Conference over the past five years. Air Force has gone on to win the Armed Forces Bowl in each of the last two seasons and has won at least nine games in four of the last five years.

Up to $1,500 in Bonus Bets if Your First Bet Loses

Bonus Code: BETCOMGM

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Which Sports Are Legal to Bet On in Colorado?

Below are some of the most popular sports and leagues available for Colorado sports betting customers through the state’s many online and retail sportsbooks. Bear in mind that this is only a sample – check out Colorado sportsbooks directly if you are looking for a specific sport.

NFL

The NFL is one of the most popular Colorado sports, and with good reason. While the Broncos have not been in the Super Bowl conversation recently, they have lifted the Vince Lombardi trophy three times and have won the AFC Championship eight times. 

They're in transition mode right now, with a new quarterback soon coming to town. 

NBA

The NBA is among the most popular sports to bet on in the Centennial State, and Colorado bettors have the fortune to bet on the Denver Nuggets each season. With so many games in the NBA season, you can be guaranteed that action at local sportsbooks is fierce, with great odds and special parlays available for the majority of regular season games. 

NHL

The Colorado Avalanche are the only active team in the NHL to win all of its Stanley Cup Appearances. That’s an impressive stat, so it’s no surprise that NHL betting is pretty big here among Colorado sportsbooks. 

The most recent win is pretty fresh in the memory, coming in the 2022 season when the Avalanche beat the Tampa Bay Lightning to hoist the Stanley Cup.

MLB

The Colorado Rockies have never won a World Series and the only time they made it to the series, they were swept away by the Boston Red Sox. So while betting on the Rockies is popular, you’ll find that once the playoffs roll around, it’s about out-of-state teams. So check out the best MLB odds in Colorado to find out how to find the best sports betting odds and promos for baseball. 

College Sports

Colorado is one of several states that allows betting on college sports that involve in-state teams. There are a number of Colorado college sports teams to bet on from the Deion Sanders-led Colorado Buffaloes to the Air Force Falcons. 

There is one restriction, however, when deciding on legal sportsbooks to bet on; individual prop bets are not allowed on any college sports.

$1,000 First Bet on Caesars

Promo Code: BETCO1000

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Must be 21+ to participate. T&Cs apply.

Other Colorado Sports Wagering Options

Aside from the sports wagering options listed above, there are additional betting options offered by retail and online sportsbooks in Colorado, though some would have to be approved by the Colorado Limited Gaming Control Commission. 

Here are some other Colorado online sports betting options: 

• Daily Fantasy Sports Daily Fantasy Sports have been legal since 2017, and while not technically sports betting, DFS allows gamblers to assemble a team of players to win money. Experienced and new bettors alike can find plenty of daily fantasy contests and tournaments available online, and while plenty are available, many bettors may find Colorado sports betting a more appealing form of wagering.
• Horse Racing Horse racing betting is legal for Colorado bettors both online and in person. Plenty of sports betting apps also offer betting on horse races, while you can also bet in person on horses at the only live horse racing track Bally's Arapahoe Park and at several off-track betting facilities.
• eSports Betting & Video Games eSports betting in Colorado was approved along with overall sports betting back when legislation was signed in 2020. In fact, Colorado is among the few states where eSports betting is actually legal.
• Politics & Elections If you're looking for political betting in Colorado, you'll have to look elsewhere as betting on politics is illegal in the US at this current time. In fact, the only market where you can legally bet on politics is Europe.
• Pop Culture Ceremonies If you're not a sports fan but you still want to bet, some sports betting states allow legal wagers on pop culture ceremonies including the Grammys, the Oscars, the Emmys, reality TV shows and other events offered by CO online sportsbooks.

Do I Have To Pay Colorado Taxes On My Sports Betting Winnings?

Yes, all winnings from any form of gambling must be declared as income in Colorado. This means winnings from sports betting are subject to the standard income tax rate of 4.4%. This is payable on all sports betting winnings no matter how big or small. It’s also worth noting that this is only the state tax rate. Federal income taxes must also be paid on any winnings at a rate of 24%. 

For example, if you won $1,000 betting on the Denver Broncos playoff odds, you’d have to pay $44 in state taxes and $240 in federal taxes. 

Colorado sportsbook operators are obliged to report gambling winnings over a certain threshold. At the time of writing, this threshold is $600 for sports betting. Once you hit that threshold, the operator must issue a W-2 G that you must fill out. The W-2 G form is held for the IRS and your yearly tax return will be cross-referenced against any W-2 Gs held by sportsbooks to ensure that you have declared all your winnings as income and have paid the required taxes.

Fortunately, we have a Colorado gambling tax calculator to answer any questions that you may have. 

How to Contact Colorado Sportsbooks

There are plenty of ways to reach out to each of the 15 legal sports betting sites in Colorado, whether it's by phone, email or live chat. Here's how to contact each of the legal CO sportsbooks:

Tips For Successful Colorado Sports Betting

One of the best tips you’ll ever get for successful sports betting in Colorado is to always shop around. Now, you may think that this means shopping around for the best welcome bonus and, while this is a good tactic, it’s not all you should be doing. We actually recommend that sports bettors take full advantage of multiple welcome bonuses and open accounts with several Colorado sportsbooks.

The idea here is not just to get the most value through those welcome bonuses but to also give yourself options. For example, if you decide to back the Denver Nuggets and their NBA Championship hopes, you may find that odds can vary a bit among online sportsbooks. 

The key here is to remember that just because you are a customer of one online sportsbook doesn’t mean that you cannot be a customer of another. Always look for value and always wager only what you can afford to lose. 

Resources For Responsible Gambling In Colorado

Here are some useful resources and contact information for responsible gambling in Colorado. This information should be available on all Colorado sports betting sites.

• Colorado Gamblers Anonymous: The group provides information for those with gambling problem including local meetings and support groups.
• Problem Gambling Coalition of Colorado: Coalition provides educational and treatment options for gamblers in Colorado.

How Colorado Sports Bettors Are Protected

The Colorado state government recently approved the "Responsible Gaming Grant Program" bill that would set aside a portion of all gambling taxes for responsible gaming measures and initiatives.

In addition, the Department of Gaming sets out strict rules and consumer protections designed to ensure that Colorado bettors are protected at all times. This includes a rigorous vetting process for all license holders so bettors know that they are gambling at a safe and reliable sportsbook. 

It’s also possible for Colorado bettors to file a complaint with the Colorado Division of Gaming. Once the complaint is filed, the Division will look into your complaint and launch a full investigation if required. 

BetColorado.com is an independent sports betting comparison website with affiliate links. What that means is if you click on one of our links that directs to an operator and you make a deposit, we’ll receive commission payment at no extra cost to you. Our operator reviews and recommendations for Colorado sportsbooks and more are impartial as our editorial standards are commercially independent and follow a professional methodology.