Colorado Sports Betting Promos: $5,100 in CO Sportsbook Bonuses for December 2024

Fact Checked by Blake Weishaar

Colorado sportsbook promos total up to $5,100 in welcome offers to new bettors. Below, we broke down some of our favorite Colorado sports betting bonuses on every legal Colorado sports betting site.

Top CO Sportsbook Promos For NFL & CFB

Verified Offers Verified By Our Experts
1
Must be 21+ to participate & present in Colorado. Gambling problem? Call or Text 1-800-GAMBLER. T&Cs Apply.
2
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.
5
21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER,
6
Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER
7
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.
Bet Colorado Sportsbook Promos

Colorado Sports Betting Promos: Quick Facts

Colorado sportsbook bonuses and promos went live after legal sports betting launched in May 2020. You can claim up to $5,100 in welcome offers from 13 online sportsbooks today. 

🚀 Colorado Sportsbook Promos Launch:May 2020
⭐️ Top CO Sportsbook Promo:$1000 First Bet On Caesars
💸 Highest Promo Amount:$1500 (BetMGM)
💵 Lowest Promo Amount: $150 (FanDuel, DraftKings)
📞 CO Council for Problem Gambling: 1-800-426-2537
🏛️ Colorado Gambling Regulator: Colorado Limited Gaming Control Commission

All Colorado Sportsbook Promos Available Now

Searching for all the available Colorado sportsbook promo codes available can be tiresome. Each code listed in the table below has been verified and can be used to take advantage of any Colorado sports betting promos today. 

✅ CO Sportsbook✏️ Promo Code🎁 Welcome Offer
bet365 $150 CO BonusBETCOBet $5 & Get $150 in Bonus Bets
bet365 CO BonusBETCOFirst Bet Safety Net up to $1,000
Caesars 2x Your Winnings CO PromoBETCODYWBet $1, Get Ten 100% Profit Boosts
Caesars Sportsbook CO PromoBETCO1000$1,000 First Bet on Caesars
BetMGM CO BonusBETCOCOMUp to $1,500 if First Bet Loses
FanDuel Sportsbook CO PromoCLAIM HEREBet $5, Get $150 in Bonus Bets with Win
Fanatics Sportsbook CO PromoCLAIM HEREBet & Get up to $1,000 in No Sweat Bets
DraftKings CO PromoCLAIM HEREBet $5, Get $150 in Bonus Bets
Sporttrade CO PromoBETCOGet up to $300 Cash Back

How to Sign Up For Colorado Sportsbook Promos

Signing up for and claiming any of the available Colorado sportsbook promos is a simple process. Some online sports betting bonuses may require bonus codes while others require minimum deposits or a minimum wager amount (typically $5-$10). Here's how to sign up with these easy steps:

  1. ✅ Read our review of the best Colorado sportsbook promos that may interest you.
  2. ✅ Choose which CO sports betting promo fits your interests best.
  3. ✅ Click "Visit Site" to begin the sign-up process.
  4. ✅ Provide personal information including your name, email, address and last four digits of your social security number.
  5. ✅ Allow your device to verify your location.
  6. ✅ Follow the terms and conditions of the CO betting bonus that you choose. 
  7. ✅ Make a deposit and you're ready to start betting!

Colorado Sportsbook Bonuses for NFL Week 15

Aside from the welcome offers found on this page, here are some of the best Colorado sports betting bonuses available for all customers

🏈 Second Chance First TD BetBetMGM
🏈 Pro Football No Sweat BetBetMGM
🏈 33% NFL Parlay Profit BoostCaesars Sportsbook
🏈 33% CFB Parlay Profit BoostCaesars Sportsbook
🏈 105% Odds Boost for NFL TD ScorerDraftKings
🏈 Same Game Parlay Profit BoostFanDuel
🏈 NFL Up 17+ Early Payoutbet365

$1000 First Bet OR Bet $5 Get $150 From bet365

You have your choice of one of two offers with bet365 - either a $1000 First Bet Safety Net OR a Bet $5 Get $150 in bonus bets once your bet settles. You can choose which offer you want during the registration process. 

With a nuanced offer like the bet365 Colorado bonus, read our experts' review to figure out which one is the best fit for you.

Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.
Must be 21+ to participate & present in Colorado. Gambling problem? Call or Text 1-800-GAMBLER. T&Cs Apply.
🎁 Sign-up Bonus:$1000 First Bet Safety Net OR Bet $5 Get $150 In Bonus Bets Instantly
🔓 Claim Bonus Code:BETCO
✅ Who Can Claim?New users only
💵 Minimum Deposit:$10

How to Claim This Promo

When signing up for a new account, enter the promo code BETCO, deposit $10 or more, and then make your choice between either of the promos you see above. 

Why We Like This Bonus

This online sports betting bonus gives Colorado bettors a choice between two great promos with a top-notch sportsbook in bet365. The First Bet Safety Net allows Colorado sports bettors to place their first bet up to $1000 while the Bet $5 Get $150 instantly grants bonus bets. 

bet365 Welcome Bonus Pros & Cons

Pros
Your choice of two great offers
Low initial requirements for both bonuses
Plenty of ongoing promotions
Cons
$10 minimum deposit
No hedging/backing of bets

Additional Sportsbook Promos at bet365 

Once you set up your bet365 account, you can access some additional great offers from this sportsbook.

  • NHL, NBA, NCAAB Early Payout
  • 70% Parlay Boost

Double Your Winnings on Your First 10 Bets OR Get a $1,000 First Bet on Caesars Sportsbook

Caesars Sportsbook is stepping up its game and we have two fantastic welcome offers to choose from. First, for a limited time, new users can sign up with bonus code BETCODYW for an exclusive Bet $1 and Double Your Winnings on Your Next 10 Bets offer. This is a unique Colorado sportsbook promo I'll explain in more detail below. You can also choose to go with the standard $1,000 first bet bonus with code BETCO1000.

 

Check out our expert review covering the Caesars Sportsbook Colorado promo and more.

🎁 Sign-up Bonus:$1,000 First Bet On Caesars
🔓 Claim Bonus Code:BETCO1000 
✅ Who Can Claim?New users only
💵 Minimum Deposit:$10

How to Claim This Promo

The Caesars Colorado sports betting promo code is an awesome welcome offer available to Colorado bettors. This promo can be claimed by signing up for a new account, entering the promo code you want to claim, and placing a qualifying wager

Why We Like This Bonus

The First Bet On Caesars promotion is a great Colorado sportsbook promo because it allows you to bet up to $1000 for your first bet with a safety net attached! If your first bet loses, you'll receive that same stake back in bonus bets.

For the double your winnings offer, after signing up and making a simple $1 bet, you'll get ten 100% profit boosts to use. These profit boosts don't expire until 14 days after being awarded, so you'll have plenty of time to figure out exactly how you want to use them. Each profit boost token has a max bet of $25 and max value of $2,500, meaning you could potentially rack up $25,000 in additional winnings!

Caesars Promo Screenshot

Caesars Welcome Bonus Pros & Cons

Pros
Simple to claim
High bonus bet value
Your choice of two strong offers
Cons
Bonus bet use not as flexible as other competitors
Must place and win multiple wagers to maximize value

Additional Sports Betting Promos at Caesars Sportsbook 

Caesars Sportsbook has several ongoing promotions for existing users in addition to the welcome offer.

  • Odds Boosts
  • Same Game Parlay Profit Boosts

Up to $1500 in Bonus Bets From BetMGM

The Colorado sportsbook bonus from BetMGM Sportsbook brings the highest value offer in the state. Bettors who can responsibly lay down a big first wager won't want to look much further than the BetMGM CO promo.

You can learn more about the BetMGM Colorado bonus code and app from one of our many betting experts in the state.

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.
🎁 Sign-up Bonus:Up to $1500 in Bonus Bets if Your First Bet Loses
🔓Claim Bonus Code:BETCOCOM
✅ Who Can Claim?New users only
💵 Minimum Deposit:$10

How to Claim This Promo

To claim the BetMGM welcome promo, sign up for a new BetMGM account, deposit $10, enter the BetMGM Colorado promo code BETCOCOM, and place your first qualifying bet. If your first bet loses, BetMGM will match your initial wager in bonus bets, up to $1,500.

Why We Like This Bonus

The max value amount from this offer simply can't be matched. You'll also have some flexibility to use your bet credits if your losing first wager is worth $50 or more.

BetMGM Promo Screenshot

BetMGM Welcome Bonus Pros & Cons

Pros
Insurance if first wager loses
Lots of flexibility for the bet you place
Large match amount
Cons
First wager must lose in order to receive bonus bets
Limited time to use bonus bets

Additional Sportsbook Promos at BetMGM 

BetMGM has some other Colorado sports betting bonuses available, including one other welcome offer and some additional offers for ongoing users.

  • Second Chance First TD Scorer Bonus
  • Free-to-play "Fast Break" game

Bet $5, Get $150 in Bonus Bets From FanDuel

FanDuel is stepping up its game and NBA fans in particular won't want to miss this offer.

Dig into our expert review on this latest FanDuel Sportsbook Colorado promo.

🎁 Sign-up Bonus:Bet $5, Get $150 in Bonus Bets with Win
🔓 Claim Bonus Code:CLICK HERE
✅ Who Can Claim?New users only
💵 Minimum Deposit:$5

How to Claim This Promo

People who sign up for a new FanDuel sports betting account can just place a wager of $5 or more to activate the offer after depositing a minimum of $5. FanDuel will credit your account with $150 in bonus bets if your bet wins.

Why We Like This Bonus

FanDuel allows you to split your bonus bets across as many wagers as you'd like, giving unparalleled flexibility. Most other betting sites split the bet credits into predetermined amounts or force you to use the entire amount in one shot.

FanDuel Promo Screenshot

FanDuel Welcome Bonus Pros & Cons

Pros
Minimal initial investment
Bets can be split into as many wagers as you'd like
Cons
First wager must win to receive bonus bets
Bonus bets can take 72 hours to come through for some users

Additional Sportsbook Promos at FanDuel

This great welcome offer isn't the only promo FanDuel CO is running right now.

  • MLB Dinger Tuesdays
  • Soccer Same Game Parlay

Bet & Get $1000 in No Sweat Bets From Fanatics Sportsbook

To claim $100 in No Sweat Bets For 10 Straight Days from Fanatics just place your first $5+ wager on your new account to be eligible for the Fanatics Sportsbook sign-up bonus.

Learn more about the Fanatics Sportsbook promo Colorado today.

Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER
🎁 Sign-up Bonus:Bet & Get Up To $1000 in No Sweat Bets
🔓 Claim Bonus Code:CLICK HERE
✅ Who Can Claim?New users only
💵 Minimum Deposit:$5

How to Claim This Promo

Click the unique sign-up link below, register for an account, and make a deposit. You can then bet as little as $1 or as much as $100 to receive that same amount back in no sweat bets each day for the first 10 days, if your first wager that day loses.

Why We Like This Bonus

This Colorado sports betting promo is unique in that it grants no sweat bets every day for their first 10 days of betting with Fanatics Sportsbook.

Fanatics Promo Screenshot

Fanatics Welcome Offer Pros & Cons

Pros
Among the highest bonus amounts in Colorado
Option to bet as much as you like
Bonus bets come regardless of your first bet winning or losing
Cons
Have to bet $100 for 10 days to receive the full value
First wager must lose to receive bonus bets

Additional Sports Betting Promos at Fanatics Sportsbook 

Once you set up your Fanatics Sportsbook account, you can access additional offers from this sportsbook.

  • Power Hour
  • Refer A Friend

Bet $5, Get $150 in Bonus Bets on DraftKings Sportsbook

While some Colorado sportsbook bonuses can have more intricate terms and conditions, the DraftKings Colorado welcome offer couldn't be simpler. A $5 bet gets you $150 in bonus bets, win or lose.

Read our expert review on this DraftKings Colorado promo.

21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER,
🎁 Sign-up Bonus:Bet $5, Get $150 in Bonus Bets
🔓 Claim Bonus Code:CLICK HERE
✅ Who Can Claim?New users only
💵 Minimum Deposit:$5

How to Claim This Promo

To claim DraftKings promo, you'll need to set up a new account, deposit at least $5, and place your first bet of $5 or more. Then, you'll get $150 in bonus bets instantly. The total amount will be split across six $25 bet credits. 

Why We Like This Bonus

This is one of the most straightforward Colorado promos and allows users to try out DraftKings for a low initial investment.

DraftKings Promo Screenshot

DraftKings Welcome Bonus Pros & Cons

Pros
Only a $5 wager required
Bonus bets are granted regardless of the outcome of your first wager
Easy to understand
Cons
Limited time to use bonuses
Bonus bets pre-split into $25 increments

Additional Sports Betting Promos at DraftKings 

In addition to this awesome welcome offer, DraftKings has other bonuses that are available to all customers. These fluctuate regularly, but here are a few examples of recent ongoing promos.

  • Monday Night Football SGP boost
  • NHL Goal Scorer Odds Boost
  • NBA Cup Profit Boosts

Up to $300 in Cash Back From Sporttrade

The Sporttrade Colorado promo code grants bettors the chance to earn up to $300 in cash back in the first week of using the brand, a unique online sports betting promo and that has not been seen at any other sportsbook. 

This Colorado sportsbook promotion is unlike any other in that you can earn cash back on your bets, and that's on top of the potential Colorado sports betting returns. 

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.
🎁 Sign-up Bonus:10% Cash Back On Every Bet Your First Week Up To $300
🔓 Claim Bonus Code:BETCO
✅ Who Can Claim?New users only
💵 Minimum Deposit:$10

How to Claim This Promo

New users can claim the cash back bonus at Sporttrade by signing up and entering promo code BETCO. Once you start betting, 10% of every wager will be credited to your account, up to $300, in your first week with Sporttrade

Why We Like This Bonus

This is one of the more unique CO sportsbook bonuses available with one of the more unique sports betting operators in the Centennial State, allowing you to earn a bonus on every bet that you make. 

Sporttrade Promo Screenshot

Sporttrade Welcome Bonus Pros & Cons

Pros
Earn bonus bets on every wager that you make
Bonus funds earned for a whole week
$300 is higher than other sportsbook promos in Colorado
Cons
Need to bet up to $3000 to get the maximum value
No additional earnings after the first week

Additional Sports Betting Promos at Sporttrade

  • Odds LiquiBoost

Best Colorado Sportsbook Promos Available to Existing Users

Among the many Colorado sportsbook promos available in the Centennial State, we've found these to be the top options as of today:

Best Welcome Bonus: Fanatics Sportsbook

If you want your first bet to carry minimal risk, consider signing up with the newest sportsbook in the game today: Fanatics Sportsbook. The top sports apparel brand has embraced sports betting with its new app, and is offering new bettors a Bet and Get Up to $1,000 in Bonus Bets offer. The offer amount is one of the highest in the state, plus it allows you to break up your bonuses in case you want to risk a little less. It's a win-win.

Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER

Top Promo for Odds Boosts: BetMGM

Betting just $5 with your initial wager at BetMGM will get you $150 in bonus bets. With frequent featured odds boosts at BetMGM, you could stake that initial wager on a boost or even use your bonus bets on one, allowing yourself the opportunity to earn extra cash.

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.

Best Promo for Loyalty Program Users: Caesars

The Caesars Rewards program is one of the best loyalty programs in the sports betting market, making Caesars Sportsbook the best option for loyalty program users. New bettors can get a $1,000 First Bet on Caesars upon signup, and any bets made from then on can be made to build up credits, which eventually translate to bet credits and discounts.

Additional Colorado Sports Betting Promotions

Outside of the Colorado sports betting promos listed above, sports bettors can find additional promotions, giveaways, and more. 

Odds and Profit Boosts

On several online sportsbooks you can get a 15-50% odds/profit boost on certain sports or matchups. Typically, you'll be allowed to use the boost tokens on a sport/matchup of your choosing, boosting your winnings.

bet365: Early Payouts for NFL and MLB

bet365 offers plenty of early payouts for the NFL and MLB. If the team that you bet on is up a certain amount of points or runs at any point in the game, you'll be paid out immediately. This is one of our favorite sports betting promos as you don't have to wait for the entire game to get paid. 

BetMGM: Fast Break

You can win bonus bets, odds boosts and more from this free-to-play basketball game in which you have the option to pass to a teammate or dunk the ball for sports betting bonuses. 

Fanatics Sportsbook: Last Leg Letdown

You can win $100 in FanCash if your parlay or same game parlay loses by just one leg. Each week, Fanatics Sportsbook will reward 20 winners who lose their parlay/same game parlay by just one leg. To enter, ensure that you have a $20+, 3+ leg parlay with minimum odds of +1000 or longer. 

DraftKings Jackpot Pools

Answer 15 sports betting-related questions for your chance to win the jackpot, which starts at $10K and grows with every entry in the pool. The jackpot is paid out to users who get all 15 questions correct. If no user gets all 15 questions correct, the jackpot will roll over to another separate pool and continue to grow.

How to Claim Colorado Sports Betting Promos

With so much value and excitement waiting for you in the form of Colorado sports betting promos, it's important to know that there are many ways you can access your bonus money or bonus bet.

Links

The process of signing up for Colorado sports betting bonuses could be as simple as clicking on a link. This might be found on the home page of the Colorado sports betting site in question. 

Alternatively, you can find links on our page that will take you straight through to the welcome bonus in question. Make sure you don't miss out.

Promo Codes

You will find the latest Colorado sports betting promo codes here on this site. Make a note of the promo code in question and keep it handy (or copy it to paste in during sign-up) as you go through the process of registering for an account. 

At the appropriate moment, a box will appear where you can enter the promo code to lock in your bonus.

Opting-In

After you have signed up for an account with an online sportsbook, there may be promos and bonuses for which you have to opt in. 

If you have to opt in to take advantage of a Colorado sports betting bonus, the online sportsbook in question will make it easy by clearly letting you know and by offering a pop-up box so you can click to opt in.

App

Occasionally, sportsbooks that wants to encourage its customers to use its mobile sports betting platform might invite you to download its app to take advantage of an offer. 

We'll let you know to expect this when we review the online sports betting in site in question, and explain how you can download the app to make sure of being able to claim your bonus money.  

NEW SPORTSBOOK
ESPN BET Sportsbook
Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, KY, LA, MD, MS, NJ, OH, PA, VA, WV, WY), Call 1-800-9-WITH-IT (IN), Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), Call 877-718-5543 or visit morethanagame.nc.gov. (NC), Call or Text 800-889-9789 (TN).

Types of Colorado Sportsbook Promos

Not all Colorado sportsbook promos are the same, and that's why it's important to claim welcome bonuses from different sports betting operators. You'll find that each sportsbook offers a unique sports betting bonus for new users, but here are the most common welcome offers that you can expect to receive when signing up. 

First Bet Insurance

One of the most popular welcome offers in Colorado comes in the form of a no sweat bet. These CO sports betting promos allow new users to make their first bet up to a certain amount, and if that first bet loses, they'll receive their same stake back in bonus bets. It's a great way to kick off betting with a sportsbook as you won't have to worry about losing money. 

Make sure to enter a Colorado sportsbook bonus code prior to claiming a no sweat bet promo, as most sportsbooks will require a certain code before granting the bonus. 

MORE: No Sweat Bets in Colorado

Bet/Get Promos

Bet/Get promos have the lowest risk-reward factor among Colorado sportsbook promos. These promos simply require new users to bet a certain amount (typically $5) in order to receive their bonus (typically $150-$200), regardless of if that bet wins or loses!

There's not much else to bet and get promos, just make sure to use a CO sports betting promo code when signing up in order to be eligible for these bonuses.

MORE: Bet/Get Promos Colorado

No Deposit Bonuses 

No deposit bonuses aren't as common as other Colorado sports betting bonuses, but are very popular when they become available. With a no deposit bonus, you don't have to make a deposit to receive bonus bets. Instead, you receive bet credits simply by registering for a new account. 

Keep in mind that these types of welcome bonuses are only available for early registration or sign up offers. 

MORE: No Deposit Bonuses in Colorado

Boosted Odds & Profit Boosts

One of the most common form of Colorado betting promos for existing users is the odds boost, sometimes called a profit boost. These are regularly offered by sportsbooks on a weekly basis for special sporting events or across any sport. 

Rather than the odds that you see on a certain bet, you can opt into an odds boost and boost your payout. So if you have a bet on the Broncos Super Bowl odds at +1500 with a 100% odds boost, you can more than double your potential payout! If you need help determining your payouts with odds boosts, we provide a free Colorado odds calculator

MORE: Odds Boosts in Colorado

Deposit Match Bonus

Some of the best CO sportsbook promo codes can be redeemed for a deposit match promo. These types of sports betting bonuses can sometimes provide a higher value of bonus bet credits, you just have to see what the maximum deposit match figure is. 

Typically, the sportsbook will match 100% of your first deposit up to a certain amount, say $500. So instead of depositing $500, you'll actually have $1000 to bet with! Keep in mind that with a deposit bonus, you'll have to wager equal to the deposited amount before you receive the bonus bets. 

Referral Bonuses

Most sportsbooks offer referral bonuses in an effort to grow their user bases. With these CO sports betting bonuses, you invite a friend to use a sportsbook while using a specific referral code. After your friend signs up, you and your friend receive bonus bets! AND with some brands, you can refer more than just one friend, so the bonus bet earnings can pile up. 

The referral bonus amount will vary among sportsbooks, but either way it's tough to beat this type of Colorado sports betting bonus. 

MORE: Referral bonuses in Colorado

Are There Any Colorado Sports Betting Bonus Bets Available?

The most reliable source of information regarding sportsbook promo codes, including those that might unlock bonus bets, is BetColorado.com. We will keep you up to date with every bonus code that will activate one of the particular Colorado sportsbook promos.

The other location where you should find out all about bonus bet offers is at the legal online sports betting sites where they are being offered. It is in the interest of any online sportsbook to generate sports betting activity by making existing and potential customers aware of any bonus bets that are available.

Should I Claim A Bonus Bet Promo?

New customers, particularly those inexperienced in using online sports betting sites, sometimes worry that there may be a catch associated with bet credit offers and other Colorado sportsbook bonuses. 

These sites are licensed and regulated and are honor-bound to treat you fairly. It is always worth checking the terms and conditions of any offer, but in virtually all instances there is no reason not to claim a bonus bet – and enjoy the extra value it delivers. 

Should I Claim Offshore Sportsbook Promo Codes In Colorado?

Even in states that have made sports betting legal, you may be able to access online sports betting sites that do not hold a license and operate from outside the state. We strongly advise that you should never sign up for an account with, or claim a promo from, any operator that is not on the list of licensed Colorado sportsbooks.

Many such sports betting sites have a history of misleading marketing, and of refusing to pay customers – and in such circumstances, you have no legal recourse and will struggle to get your money back.

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.

Are There Sport-Specific Sports Betting Promos in Colorado?

Some Colorado sportsbook promos can only be used when betting on specific sports, regardless of which of the mobile CO sports betting apps you use. 

  • NFL Promos The NFL is the most popular league for sports betting in the US, and plenty of Colorado sportsbooks look to take advantage of that. When the season is in play, you'll find plenty of online sports betting promos offered for NFL bettors, including odds boosts, site credit, contests and more. These offers can help Colorado bettors make the best out of NFL betting, like futures on the Broncos playoff chances.
  • NBA Promos The NBA is top when it comes to Colorado sportsbook promos. You can find plenty of ongoing promos and bonuses offered by Colorado sportsbooks, including those on futures such as the Nuggets championship odds.
  • NHL Promos The NHL is hugely popular in Colorado given the recent success of the Colorado Avalanche. And rest assured, you can bet that there are plenty of Colorado sportsbook promos offered on the NHL, including bets on the Avalanche Stanley Cup odds.
  • MLB Promos The MLB has the longest season in professional sports in the US. Throughout the season, you'll find plenty of Colorado sportsbook promos on the Colorado Rockies and more. BetRivers has been known to run an MLB Same Game Parlay Bet & Get offer in the past.
Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.

Colorado Sports Betting Promotions Terms & Conditions

Don't be completely dazzled by the bright, shining lights and big headlines associated with the promos and bonuses offered by Colorado sportsbooks like Bally Bet Colorado. There always will be relevant small print that you should read.

Always take a moment to read the terms and conditions that apply to any promos at an online sports betting site, to be sure that you can avoid any pitfalls and will get the full value of the bonus to which you are entitled. Among the factors to watch out for are the following.

Playthrough Requirements

You may have to "play through," i.e stake, the amount of your initial deposit before you are allowed to take out any funds resulting from a good win. In many instances, this is just once. However, there are exceptions. The DraftKings sportsbook deposit bonus, for instance, imposes a requirement that you effectively have to play through your stake 25 times before you can realize the full value of the promotion.

Time Limits

This is a really important consideration when it comes to your sportsbook bonus, particularly if it is a bet credit bonus. You may have only a limited number of days to use any bonus bet generated by an offer of bet credits – and it may be fewer than you think. If you open an account at BetMGM sportsbook, for instance, and take advantage of the first bet offer, any bet credits you receive after your initial bet loses must be used within seven days – or they expire.

Minimum Odds  

When you take advantage of a bonus bet offer, it's essential that you check if there is a minimum price at which any wager can be placed. It is frustrating if you work out a wager and then find out you cannot place your stake because the odds are too short. There are a host of varying limits that apply, depending on which Colorado sportsbook you are planning to use. For instance, to qualify for a same-game parlay boost at the Caesars Sportsbook, your wager must have at least four legs and odds of at least +400

Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER

Minimum & Maximum Wagers  

The minimum level of your first bet to qualify for a first-bet offer varies between operators who offer this type of sportsbook bonus. In many places it is $10, but do check in case the book where you want to wager stipulates a stake of at least $20. By contrast, it may be as little as $5, as at DraftKings. You can stake more than $1,500 on your first bet at the BetMGM Sportsbook, but if it loses you will be refunded only $1,500 in bet credits.

Maximum Win  

The maximum win at any sportsbook can vary from sport to sport – and there are differences between operators, too. If you are planning a massive parlay with a potentially life-changing payout, for instance, check that your Colorado sportsbook does not cap winnings at a certain level. There can be maximums applied on other types of sportsbook bonuses, too. For instance, if you take advantage of the same-game parlay boost on NFL or college football at Caesars, there is a maximum stake of $50 – and a maximum win of $1,000.

Maximum Withdrawal

This may sounds like a pleasant problem to have, but please be aware that there is likely to be an upper limit to the amount you can withdraw on a single day from your online sportsbook account. Additionally, that upper limit may vary depending on what banking method you want to use. At the Caesars sportsbook, for instance, the most you can withdraw at one time is $5,000 through online banking, e-check or Play+ card, though you can take out $10,000 through PayPal. 

Pros & Cons of Colorado Sports Betting Bonuses

Pros
Can generate extra betting funds for your account
No-risk bet takes pressure off first bet
Chance to try out new types of bet or different sports
Enhanced feeling of loyalty towards chosen sportsbook
Cons
Minimum stake to claim promo might be too high
Promo might not suit your style of sports betting
Promo might relate to a sport in which you are not interested

Get Ready To Claim A Colorado Sportsbook Promo

Sportsbook promo codes, and the offers they generate, are popular with legal online sportsbooks because they offer a chance to shout to the world about their product.

However, they are also deservedly popular with Colorado sports bettors and elsewhere because they genuinely offer an extra helping of fun and excitement, particularly when you are first playing with a sportsbook.

Colorado's sports betting market is particularly competitive, with more than two dozen online sportsbooks vying for your custom and loyalty, so there is little point in any sportsbook overselling itself, or putting up a welcome bonus that pales by comparison with its rivals'.

As a result, there is every reason why you should use any bonus code you find that will unlock a tempting offer to new users at a sportsbook. You could have a first bet on a long shot free from the fear that you will lose your money if it fails – with an offer backed by bet credits, you can use the stake again.

You do not always need to input a bonus code to be sure of activating a welcome bonus. Some operators, including FanDuel and DraftKings, rarely issue a bonus code and clicking through from our site will get you qualified. But if you do come across such a code, make use of it so that you become accustomed to being treated like a valued customer and offered extra value on a regular basis in return for your loyalty.


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 sports betting apps and more are impartial as our editorial standards are commercially independent and follow a professional methodology.


Colorado Sportsbook Promos FAQ

Author

Martin Booth

Award-winning contributor with decades of covering sports betting and casino gaming around the world, Martin Booth is one of the most trusted voices in online gambling.

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