Key takeaways on the best Colorado sportsbooks
- Sports betting became legal in Colorado in 2019, so you can play on licensed platforms like FanDuel, DraftKings, BetMGM, Caesars, and Borgata.
- Getting started is simple: register, verify your age and location, deposit, then place bets on pro and college leagues.
- State oversight and built-in responsible gaming tools protect your account, and you must report gambling winnings for taxes.
Are sportsbooks legal in Colorado?
Yes, sports betting is entirely legal in Colorado. Well, the state constitution requires voter approval for any new tax (the Taxpayer Bill of Rights). And so, the proposal to authorize and collect revenue from regulated sports wagering went to the ballot in November 2019 and passed by a narrow margin.
The implementing law (HB 19-1327) took effect shortly after, enabling each Colorado casino to operate a retail sportsbook and one online platform under strict oversight. Hence, online wagering went live in 2020 under that framework, leading to sportsbooks like FanDuel, DraftKings, BetMGM, and BetRivers, beginning operations in this Centennial State.
Colorado’s rules on online gaming are straightforward:
- You must be 21 or older to place a legal bet in Colorado. Operators will verify your age and location before accepting a wager.
- Every sportsbook operating must be a partner of a Colorado casino and hold a state license.
- The state taxes sportsbooks at 10% of net sports betting proceeds.
However, betting on high school sports is prohibited in Colorado. The 2019 gaming law also bans wagering on non-sporting events, such as award shows like the Oscars and unapproved video game competitions. However, eSports organized by a recognized governing body are considered permitted events according to the state’s rules.
Interestingly, Colorado wasn’t the only state in this initial wave of legalizing online wagering. While the Centennial State adopted the change early, Arizona did as well (in September 2021). Check out my guide on Arizona sportsbooks for more information.
What betting sites are legal in Colorado?
FanDuel, Bet MGM, Caesars, DraftKings, and Borgata are among the Colorado sportsbooks licensed here. Let’s review them below.
FanDuel Sportsbook: A top pick in Colorado
FanDuel Sportsbook In A Nutshell
Welcome bonus: Bet $5, get $300 in bonus bets if your first sports pick wins.
FanDuel is a household name. The platform is super sleek and easy to use, making it perfect for new bettors. The platform runs lots of promos and boasts one of the smoothest interfaces in this crop of sportsbooks. It covers all major sports (NFL, NBA, MLB, college, etc.) and is famous for its same-game parlay builder.
Live betting is extensive, with many games streamed within the app. You can cash out some bets mid-game if you want to lock in a result. The sportsbook’s lines and spreads are usually sharp, and the customer service resolves problems quickly. In short, FanDuel is a solid choice for Colorado sports lovers.
How To Sign Up
- Click the green ‘Join’ button at the top right of the homepage.
- Select your state/location and enter your email address, create a username, and set a password.
- Provide personal details, including full name, date of birth, and home address.
- Enter your phone number and the last four digits of your Social Security Number (SSN) for identity verification.
- Agree to the terms and conditions, confirm you are of legal age, and complete any additional verification steps.
- Click the ‘Create Account’ button to finalize your registration.
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BetMGM: Regal and reliable
BetMGM Sport In A Nutshell
Welcome bonus: Up to $1,500 back in bonus bets if your first wager loses.
BetMGM brings a Vegas sportsbook vibe to your phone. Supported by MGM Resorts, it offers that classic casino feel. I use it when I seek diverse markets and unique bet types. The app features niche leagues and single-game parlays alongside standard NFL and NBA lines.
A cool feature I noted is “Edit My Bet,” which lets you revise a live parlay (add/remove teams or increase your wager after you’ve placed it). It’s got a big welcome deal (for new users) and a solid loyalty program through MGM Rewards (which links back to hotel and casino perks if you travel). Overall, BetMGM gets the job done, offering reliability and speed, allowing you to wager seamlessly.
How To Sign Up
- Begin Registration: Click the gold ‘Sign Up’ button on the top right of the homepage.
- Enter your personal details including your email, address, mobile number, and SSN digits.
- Click “Send me a code” to verify your phone number and pre-fill some details automatically.
- Complete Registration: Click the gold ‘Complete registration’ button at the bottom of the form to finish the sign-up process.
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Caesars: A top sportsbook in Colorado, crowned in betting
Caesars Sport In A Nutshell
Welcome bonus: Place your first bet of $1 or more and get twenty 100% profit boosts (up to $25 max bet per boost).
Caesars is another reliable sportsbook in Colorado. Supported by the Caesars hotel chain, this betting platform benefits from extensive resources and experience. It features a wide range of sports and betting options, with all users automatically enrolled in Caesars Rewards. This allows players to accumulate points redeemable for perks such as free hotel stays, dining, or free bets on the app.
The platform’s odds and lines are competitive, and it often runs helpful promos like parlay insurance and odds boosts to turn up the action. I’ve noticed their lines can be slightly better than others on occasion, which adds value. With Caesars, you get big-name reliability and loyalty perks while you play.
How To Sign Up
- Click 'Register'.
- Enter your personal details, including your social security number, email address, and telephone number.
- Tick the age verification and T&Cs boxes.
- Activate your account via the verification email sent after you completed registration.
DraftKings: King of contests
DraftKings Sport In A Nutshell
Welcome bonus: Bet $5, get $300 in bonus bets
DraftKings stands as one of the best sportsbooks in Colorado, known for its promotions and live betting. Its sportsbook covers all major leagues, and it’s tightly integrated with DraftKings’ fantasy sports platform. If you like streaming games while betting, DK often offers live streams for basketball and hockey games.
The app is modern and has been a leader in Colorado from day one. It comes up with some of the biggest “bet-and-get” offers to new users (just remember, no guaranteed winnings). The user experience is generally top-tier, and there’s so much to explore here.
Remember, none of these betting sites in Colorado guarantees you’ll win money; they’re just platforms for making predictions. Also, don’t miss the promotional offers these sites provide when you sign up. Interested in which betting sites operate in other states? Refer to my Tennessee sportsbooks guide for more information.
How To Sign Up
- Visit the DraftKings website or download the mobile app from the App Store or Google Play Store.
- Click on the “Sign Up” button, usually located in the upper right corner of the website or app.
- Enter your personal details and choose a unique username.
- Create a secure password. It must be at least 10 characters long and include at least one letter, one number, and one special character.
- Click “Create Account” or “Continue” to finalize the registration process.
BONUS
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Comparison of top Colorado sportsbooks
| Sportsbooks | Bet types | Mobile app? | Key features | Welcome bonus |
| FanDuel | All major pro and college sports, prop bets, futures, parlays | Yes (iOS and Android) | Simple top-rated app, strong same-game parlay tools, and cashout options | Bet $5, get $300 in bonus bets if your first sports pick wins. |
| BetMGM | NFL, NBA, soccer, tennis, international, and niche leagues | Yes (iOS and Android) | Deep market options, “Edit My Bet” feature, and loyalty via MGM Rewards | Up to $1,500 back in bonus bets if your first wager loses |
| Caesars | All major leagues, auto racing, and golf | Yes (iOS and Android) | A strong Caesars Rewards loyalty program. | Place your first $1 bet or more and instantly get twenty 100% profit boosts (Up to $25 max bet per boost) |
| DraftKings | Major pro and college sports, unique bets, live betting markets | Yes (iOS and Android) | Robust promo features, streaming, parlay tools | Bet $5, get $300 in bonus bets |
How to get started with Colorado sportsbooks
Ready to play on any of the betting sites in Colorado? Here’s how to go about it:
🏀 Choose a Legal Colorado Sportsbook App
From our list (FanDuel, DraftKings, BetMGM, and Caesars), click the banners on this page to register on any of these Colorado sportsbooks.
📝 Register an Account
After making your choice, you’ll be prompted to create an account. Input your details, such as your name, address, date of birth, and Social Security number, to verify your age and identity.
The platform also needs to verify you’re physically in Colorado when you bet. That often happens behind the scenes with the geolocation tech on your phone.
🔑 Log in to Your Account and Make Your First Deposit
Once your account is set up, you need to deposit money. Most sportsbooks accept credit or debit cards, PayPal/Venmo, bank transfers (ACH), or cash at a casino teller or PayNearMe kiosk. The platform might prompt you to set some limits. So if you want to cap your spending per day, week, or month, you can.
Once you’ve made your deposit, you’re set to explore the exciting Colorado sportsbooks’ betting options. You’ll see all the major leagues, including the NFL (National Football League), NBA (National Basketball Association), MLB (Major League Baseball), and college games, along with Colorado-based sports events.
Take your time to browse the lines, select a game that catches your eye, and choose your preferred bet type: parlay, moneyline, over/under, prop, or whatever suits your style.
For Virginia residents looking to get started, check our guide on Virginia sportsbooks for more details. Signing up on these platforms is still the same in VA: pick a sportsbook, verify your info, deposit, then bet safely.
- Various promotions and boosts for existing customers.
- Live betting for all the supported sports, plus in-game stats and a 2D game
- Fantastic selection of team and player props
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- Advanced bet features like parlay boosts
- Over 30 sports to wager on
- Competitive odds
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- 20+ sports to bet on
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Deposit and withdrawal methods on Colorado sportsbooks
Colorado sportsbooks let you move money in and out of your account in several ways.
Regarding deposits, you can use credit cards (Visa/Mastercard) or debit cards, and many sportsbooks let you connect via PayPal or Venmo. PayNearMe is another popular option; visit any participating store, pay cash, and your account will be credited. Other acceptable methods include:
- ACH transfers
- Wire transfers
- Any other method approved by the state commission. This leaves room for innovation, so mobile payments (Apple Pay, Google Pay) could be supported if cleared.
For withdrawals, the safest option is usually the same method you used for depositing (card, bank transfer, PayPal). Some methods, like credit cards, may not always support withdrawals, depending on the operator.
Before your first withdrawal, sportsbooks often require extra identity checks: driver’s license, photo ID, selfie, or utility bill. This ensures only you control the account.
On the plus side, since all transactions go through regulated platforms, your money is safe. Also, these Sportsbooks may decline a withdrawal if they suspect fraud or a rule violation. But they must notify you and conduct investigations promptly.
Take note that some sportsbooks allow you to deposit funds even if you’re temporarily out of Colorado. However, you cannot place bets unless you return inside the state’s borders. If you’re curious about how other states handle deposits and withdrawals, read my Florida sportsbooks guide for more details.
Colorado sportsbooks’ customer support channels
Colorado sportsbooks feature reliable customer support channels, making them reliable for CO players. Most licensed sites offer multiple support channels:
- 24/7 live chat right in the app or website. For example, FanDuel lists live chat as the quickest route to get help.
- Email support for more complex issues.
- Phone support lines in several cases.
- A detailed FAQ or “Help Center” section built into the app or site, where you can find answers to common questions without needing to wait.
That said, during peak usage times, support may be slower. As such, smaller issues (such as bonus promo questions) may sometimes be routed via email or help articles rather than to a direct agent. To navigate this hiccup, I recommend the following:
- Send a test message via live chat. See how fast and clear the response is.
- Note your preferred sportsbooks’ support hours and available support methods.
- Keep your account verification documents ready, in case of withdrawals or KYC issues.
Specific rules and limits on sports betting in Colorado
In Colorado, responsible gaming is a huge part of the law. Each licensed sportsbook must provide tools and safeguards to help you avoid losing control. These protections are all discussed in Sports Betting Rule 9: Responsible Gaming and Self-Restriction under state regulations. They include:
- Self‐exclusion: Banning yourself from betting for a period of time
- Deposit limits: Set caps on how much you can load into your account daily, weekly, or monthly.
- Betting limits/session caps: Limit how much you stake or how long a session runs.
- Cooling-off periods: Taking breaks of 24 hours or more, depending on the operator.
- Reality checks: Some sportsbooks show pop-ups or alerts when your session time hits a specific threshold.
Most betting sites in Colorado display a problem-gambling hotline (1-800-GAMBLER) and links to support resources by default. Some even offer education resources right in their apps. Finally, most sportsbooks allow you to contact customer support via chat or email to request inclusion on a self-exclusion list.
Pros and cons of Colorado sports betting sites
During my review of these Colorado sports betting platforms, I noted a few perks and a specific drawback.
- Easy access to a Colorado sportsbook via your phone or PC
- Hundreds of events and bet types (parlays, props, futures) to play
- These sportsbooks are licensed under state oversight
- Strict geolocation rules prevent players from placing bets unless they are within the state
Play on these Colorado sportsbooks now
Look at that! Colorado’s sportsbook scene is vibrant and competitive. You’ve seen the rules, the top options, and how to get started. After creating an account, begin with a small wager to learn the app and test live odds, props, and same-game parlays. Don’t forget to set a bankroll limit and have fun at these sites. Each of these prominent sportsbooks is providing impressive odds for you to enjoy your gambling experience, so don’t be shy and take a swipe at the games you love by trying one of these sites today.
If you’re ready to get started in your Colorado sports betting experience, simply pick a sportsbook from the list by clicking the banner on this page.
Explore the best online betting bonuses
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- Various promotions and boosts for existing customers.
- Live betting for all the supported sports, plus in-game stats and a 2D game
- Fantastic selection of team and player props
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FAQs on Colorado sportsbooks
Is sports betting legal in Colorado?
Yes. Colorado legalized sports betting via a voter referendum in November 2019, and the first legal online and casino bets happened in May 2020. Since then, dozens of apps have been licensed here.
Where can I bet on sports in Colorado?
You can wager anywhere in Colorado using an approved online sportsbook app (FanDuel, Bet MGM, Caesars, DraftKings, Borgata). These apps use geolocation to ensure you’re inside state borders before accepting a bet.
What is the minimum age to bet on sports in Colorado?
You must be 21 or older to bet on sports in Colorado, whether online or at a retail sportsbook. That’s non-negotiable. If you’re even a day short of 21, the apps will block you.
Do I have to pay taxes on my sports betting winnings?
Yes. Gambling winnings are taxable income for federal purposes, and Colorado generally taxes the same federal taxable income, so your sports-betting wins are subject to both federal and Colorado state income tax.