Online Sportsbooks in
Colorado

The centennial state has now legalized online sports betting and there are a number of sportsbooks now up and running.

Colorado seal

Online sports betting legal in Colorado

πŸ₯‡ Best Sportsbook in Colorado 2020 πŸ₯‡

PointsBet Sportsbook

  • Best odds in the state
  • Excellent app
  • Wide selection of bets
  • Best selection of payment options
  • Most generous welcome bonus
  • No teaser bets
Welcome Offer
2x risk free bets worth $2,000
Claim Go to website
Website: pointsbet.comFounded: 2017
Owner: PointsbetHeadquarters: New Jersey
PointsBet Sportsbook
Pointsbet_signup
PointsBet Promos

Summary

Author: Nils Edmondson Nils Edmondson

BettingScanner's verdict 9/10

Pointsbet is an Australian company, that launched in the US in 2019. The sportsbook places a heavy emphasis on point spread betting, a unique form of betting where you are rewarded, or docked points, according to how wrong or right a bet was.

Read full review

Online Sports Betting in Colorado

Sports betting was initially approved by voters in November 2019, but it would take until May 2020 before the state officially legalized online sports betting.

The state has placed a comparatively low tax rate of 10% compared to other states, so we expect that the sportsbooks will be lining up to get their Colorado license.

FanDuel were active in campaigning for a yes vote in the referendum, so it came as no surprise that they went live on the day the bill was ratified. They were joined by their rivals, DraftKings as well as BetRivers and BetMGM.

In total there are 33 licensed casinos that sportsbooks can partner with, so we expect this to final number of sportsbooks in the state by 2021.

Betting in CO - what you can and can't do

Bet on sports online βœ…

Register with a sportsbook online βœ…

Deposit & withdraw funds with a sportsbook online βœ…

Bet on high/school sports ❌

Betting in CO: the Rules
  • You must be 21 years old or older to bet online in CO
  • You must be within state borders to bet online in CO
  • You do not need to be a resident of CO to set up an account
  • Online sportsbooks must be partnered with a licensed casino

Frequently asked questions about online sports betting in Colorado

Online sports betting has been legal in Colorado since May 2020. Here are some of your most common questions

βš–οΈ Is online betting legal in Colorado?

Yes it is. The bill was approved by voters in 2019, but the state ratified it in May 2020.

You can now bet online with the following sportsbooks:

πŸ“ Is sports betting legal in Denver?

Yes. Sports betting is now legal throughout the whole state of Colorado.

You can now bet online with the following sportsbooks:

πŸ€” Is DraftKings legal in Colorado?

Yes, you can now bet online with DraftKings sportsbook in Colorado.

🚫 How old do you need to be to gamble in Colorado?

You have to be 21 or over to play casino games or bet on horse racing. You must be 18 or over to bet on the lottery or play bingo. When sports betting is legalized in 2020 you will need to be 21 years old or over to place a bet.

Best Colorado Sportsbooks 2020

DraftKings Sportsbook

  • State-of-the-art mobile app
  • Excellent selection of CO sports
  • High-value odds
  • Misleading welcome bonus
Welcome Offer
Deposit Bonus of up to $1,000
Claim Go to website
Website: Founded: 2012
Owner: Jason RobinsHeadquarters: Boston
Draftkings online sportsbooks odds
Online Sportsbook DraftKings Signup
DraftKings Online Sportsbook Landing Page

Summary

Author: Nils Edmondson Nils Edmondson

DraftKings is the largest fantasy sports operator in the US. Since 2018, they have established themselves as one of the country's most successful online sportsbooks. According to BettingScanner's 2020 survey, DraftKings can boast the country's highest brand awareness at 44%.

Draftkings sportsbook is operational in the following states:

  • New Jersey
  • Indiana
  • Pennsylvania
  • New Hampshire
  • Iowa
  • West Virginia
  • Illinois
Read full review

Bet365 Sportsbook

  • A global trustworthy brand
  • Secure payment options
  • An excellent variety of bets
  • High value odds
  • Only available in New Jersey and Colorado (so far)
Welcome Offer
up to $500 in bet credits
Claim Go to website
Website: Founded: 2000
Owner: Bet365 Group LTDHeadquarters: Stoke-on-Trent, UK
Bet365 claim welcome offer
Bet365 in-play betting
Bet365 homepage

Summary

Author: Nils Edmondson Nils Edmondson

BettingScanner's verdict: 9/10

This sports betting giant has finally arrived on American shores!

The global brand which boasts over 45 million customers worldwide is still a relative unknown in the US, but with the company's track record in other markets, we expect this is just the beginning of their US journey.

Bet365 are operational in the following states:

  • New Jersey
  • Colorado
Read full review

FanDuel Sportsbook

  • Tried and tested brand
  • Excellent mobile betting
  • Lots of deposit options
  • Less withdrawal options
Welcome Offer
up to $1,000 risk-free bet
Claim Go to website
Website: Founded: 2009
Owner: Flutter Entertainment (previously Paddy Power Betfair)Headquarters: New York City
Fanduel Sportsbook
Fanduel Sportsbook Promos
Fanduel Sportsbook Desktop

Summary

Author: Nils Edmondson Nils Edmondson

The New York-based company began life as a daily fantasy sports provider but now can claim to be the country's most popular sportsbook. According to BettingScanner, it enjoys the second highest brand awareness rate in the US (41%).

Fanduel Sportsbook is operational in the following states:

  • New Jersey
  • Pennsylvania
  • West Virginia
  • Nevada
  • Indiana
  • Iowa
  • Illinois
  • Tennessee
  • Michigan
  • Colorado
  • Virginia
Read full review

BetRivers Sportsbook

  • Trustworthy
  • US company
  • Great Buy-out
  • Excellent welcome bonus
  • Good selection of Payment options
  • Indiana and Pennsylvania specific products
  • No pay-pal payment option
Welcome Offer
Matched First Deposit up to $250
Claim Go to website
Website: Founded: 2009
Owner: Rush Street InteractiveHeadquarters: Pittsburgh, PA
BetRivers Landing page
BetRivers sign-up
BetRivers sports

Summary

Author: Nils Edmondson Nils Edmondson

BetRivers was a brick and mortar casino than transitioned to online gambling after the PASPA ruling in 2018.

The sportsbook is now operational online in the following states:

  • Pennsylvania
  • Indiana
  • Illinois
Read full review

BetMGM Sportsbook

  • Large number of bets
  • American brand
  • Official NFL provider
  • NJ focused brand
  • The desktop site could look better
Welcome Offer
$600 risk-free bet
Claim Go to website
Website: Founded: 1993
Owner: MGM Resorts InternationalHeadquarters: Paradise, Nevada, United States
BetMGM desktop
BetMGM mobile
BetMGM promo

Summary

Author: Nils Edmondson Nils Edmondson

PlayMGM and BetMGM are owned by MGM Resorts International. The sportsbook is branded as PlayMGM in Nevada and BetMGM in New Jersey and West Virginia.

The iconic brand's transition into the online sports betting world has been seamless. Its NJ sports betting app is one of the most highly rated in the state.

BetMGM sportsbook is operational in:

  • New Jersey
  • West Virginia
  • Nevada (PlayMGM)
Read full review

Best Colorado sportsbook 2021 ⛰️

Online sports betting should have been legalized much earlier than May 2020. After the referendum in late 2019, the state only needed to officially ratify the bill, but it took over half a year to do so.

However, this delay, meant that when the bill was eventually passed, sportsbooks rushed over the state lines. Now there are six legal online sportsbooks, with more on the way.

DraftKings and FanDuel enjoy a healthy market share and both sportsbooks have an excellent product customized for Colorado residents.

However, it is PointsBet that gets our vote for the best online sportsbook in the state. The Aussie online sportsbook has invested heavily in their Colorado product and it shows. They have the best odds, selection of bets, payment options and now an incredible welcome bonus.

Local sports teams sponsored by PointsBet

The Denver Nuggets β†’ The NBA team signed with PointsBet in 2020 when the state legalized online sports betting.

Colorado Avalanche β†’ The NHL team, which share a the Ball Arena with the Nuggets signed with PointsBet in 2020.

Colorado Mammoth β†’ The Mammoth became the first pro lacrosse team to sign a partnership deal with a sportsbook.

BettingScanner recommends

PointsBet: Best CO Sportsbook

2x risk free bets worth $2,000

The online sportsbook has taken a number of states by storm. Their product for Coloradans has it all - great odds, usability, payment options and the most generous welcome bonus around.


sportsbooks-CO

Expected Sportsbooks in Colorado 2021

FanDuel had already demonstrated their intention of launching in Colorado by heavily funding the 'yes' campaign in the 2019 referendum. And where Fanduel goes, DraftKings is never far behind. The two sportsbooks that began as fantasy sports operators are following each other from state to state. Often competing as to who can launch first. In their latest rivalry for Indiana, a month head start has already handed DraftKings almost the whole market share in the state.

In January 2020, DraftKings announced that it will launch a retail and online sportsbook in partnership with Twin River Worldwide. The bricks and mortar sportsbook will be located at the River Mardi Gras Casino in Black Hawk, Colorado.

PointsBet have shown they are committed to the market, setting up an office in Denver and sponsoring a host of local sports teams.

We expect that two sportsbooks will look to open up in Colorado in either 2021 or 2022; 888Sport and Bet365. The two online sportsbooks have enjoyed in New Jersey and will no doubt want to establish themselves in the up an coming Colorado market. Both companies made their mark in the European market, where soccer is the most popular sports by some distance. Soccer is more popular in Colorado than many other states, so we imagine this will be another appealing factor for the two sportsbooks.

Sports teams in Colorado

Well, where do we start? Why not with the fact that Denver is the smallest city in the US with 4 professional sports teams!

These teams are:

  • Denver Broncos (NFL)
  • Denver Nuggets (NBA)
  • Colorado Rockies (MLB)
  • Colorado Avalanche (MLS)
Colorado

Outside of Denver you also have the MLS team, the Colorado Rapids.

In terms of minor league baseball you also have:

  • Colorado Springs Sky Sox
  • Grand Junction Rockies

If this is not enough for you then the state also offers:

NASCAR races at the Colorado Springs Sky Sox

PGA tournaments at the Castle Pines Club

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