Colorado Sports Betting Apps
Legal online sports betting in Colorado is now a well-established part of the state’s entertainment scene. Since launching on May 1, 2020 Sports betting apps like FanDuel Sportsbook, DraftKings Sportsbook, and BetMGM have made it easy for Colorado residents to wager on their favorite teams safely and legally.
Below you’ll find everything you need to know about Colorado sports betting sites and apps before placing your first wager, from available sportsbooks and welcome offers to key rules and how the law has evolved.
Colorado Sports betting Apps
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win - Wide coverage of US and international sports
- Linked to MGM Rewards loyalty program
- Regular odds boosts and promos
New DraftKings Customers: Spend $5+ Get $200 in Bonuses Instantly! - Wide coverage of US and international sports
- High-quality iOS and Android apps
- Very fast withdrawal times
10 x $100 bet match in FanCash - Unique FanCash loyalty program
- Variety of bonuses and ongoing promos
- Fast, reliable app with live betting and streaming
Mobile wagering dominates the market consistently, accounting for more than 95% of all sports bets placed in Colorado, mirroring trends seen in other legal states. The following licensed sportsbooks are active or recently launched in the Centennial State.
| Online Sportsbook | Casino Partner | Launch Date |
| BetMGM Sportsbook | Midnight Rose Casino | Launched May 2020 – strong app integration |
| Bet365 Sportsbook | Century Casinos | Live since 2022 – UK-style live-betting depth |
| Caesars Sportsbook | Lady Luck Casino Black Hawk | Launched 2020 – national rewards program |
| FanDuel Sportsbook | Twin River | Launched May 2020 – one of the market leaders |
| DraftKings Sportsbook | Twin River | Launched May 2020 – full DFS + sportsbook ecosystem |
| Fanatics Sportsbook | Double Eagle Casino | Rebranded from PointsBet in 2023 |
New sports betting sites in Colorado
Colorado remains one of the more mature sports betting states, but new operators occasionally join the lineup or rebrand. Recent updates include Fanatics Sportsbook’s expansion and Bet365’s growing local presence. Check back here for the latest arrivals and app improvements. Every new sportsbook must be licensed by the Colorado Division of Gaming before going live.
Is sports betting legal in Colorado?
Yes. Sports betting became legal after voters approved Proposition DD in November 2019, and the market officially launched on May 1, 2020. All wagering must occur through sportsbooks licensed by the Colorado Division of Gaming. Offshore or unregulated sites are not licensed in the U.S. and offer no consumer protections.
You must be 21 or older and physically located within Colorado borders to place bets, either online or at a retail casino.
Colorado sports betting legality timeline
- May 2018: U.S. Supreme Court overturns PASPA, allowing states to legalize sports betting.
- Nov 2019: Colorado voters approve Proposition DD, authorizing regulated sports wagering.
- May 2020: First online sportsbooks (FanDuel, DraftKings, BetMGM) go live.
- Nov 2020: Amendment 77 passes, removing the $100 betting limit for casinos and expanding local control over game types.
- 2021–2023: Steady operator expansion including Bet365, SuperBook, and Fanatics Sportsbook.
- 2024–2025: Continued growth, responsible-gaming enhancements, and refinement of in-state college prop-bet rules.
What are the betting limits and wager rules?
Casinos and sportsbooks set their own betting limits. There’s no statewide maximum wager since the passage of Amendment 77. Most operators also offer voluntary responsible-gaming limits so you can cap deposits, bets, or time spent.
Can I make bets online in Colorado?
Yes. Online and mobile betting is legal and available statewide. All licensed apps use geo-location technology to verify you’re inside Colorado before accepting a wager. Once you cross state lines, the app automatically disables betting functions.
Accounts are verified through modern KYC (Know Your Customer) tools that confirm age and identity - protecting both players and operators.
How to open an online account?
Opening an online account will be easy. Some sports betting sites operate directly through your web browser. Others require you to download an app to your computer or mobile device. Software is available for PC, Android and iOS devices.
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Download a licensed sportsbook app (FanDuel, DraftKings, BetMGM, etc.) from the App Store or Google Play.
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Register using your legal name, address, and last four digits of your SSN.
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Verify location (enable device location services).
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Set responsible-gaming limits if desired.
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Fund your account using a preferred payment method (see below).
Before you download anything, check that the site you are on is licensed by the Colorado Division of Gaming.
You can complete everything in minutes and start browsing odds immediately after verification.
How do I make a deposit at a Colorado sports betting site?
Making your deposit should be as easy as buying anything else online. Most Colorado sportsbooks support:
- Debit / credit cards (Visa, Mastercard - some accept Amex)
- ACH /e-check transfers
- PayPal and Venmo
- Prepaid Play+ cards
- Cash at casino cages or PayNearMe locations
- Online banking and instant transfer apps
Withdrawals typically process through the same method used to deposit. E-wallets and Play+ cards remain the fastest options.
Colorado sports betting bonuses and promotions
Don’t forget to take advantage of bonuses when you open your account. Every legal sportsbook offers welcome promotions to attract new players.
Common offers include:
- Bonus Bets: Get extra betting credit after a qualifying wager.
- Bet & Get: Place a small bet to receive bonus tokens on signup.
- Deposit Match: The operator matches part of your first deposit as site credit.
Always check the terms - some bonuses require wagering the bonus amount before it’s withdrawable. Ongoing promos often include odds boosts, same-game parlay insurance, and loyalty rewards tied to the operator’s points program.
Loyalty and Rewards Programs
Many sportsbooks in Colorado integrate with nationwide rewards networks such as MGM Rewards or Caesars Rewards. These allow you to redeem points for hotel stays, dining, or bonus bets. Be sure to link your accounts so every wager counts toward benefits.
The best sportsbook bonuses are those that are easiest to earn. A 1x bonus means you only have to wager the same amount as the bonus before the operator pays it into your account.
Why you must be in Colorado to bet
Sports betting in the U.S. is governed by state law, not federal law. Licensed operators can only accept wagers from users physically located within their authorized state. If you cross into Utah, Wyoming, or New Mexico, your Colorado betting app will immediately restrict betting access.
How do odds work in Colorado sportsbooks?
Sportsbooks in Colorado display American odds (e.g., +200 or −150). A “+” means how much profit you’d make on a $100 bet; a “−” means how much you’d need to bet to win $100. Most Colorado operators also allow toggling to decimal or fractional formats in settings.
So far, sports betting odds do not seem to vary much state by state. This may change as operators learn the particular characteristics of each state market.
However, it is difficult for an operator to offer significantly different odds without risking customers moving to a site that is more competitive.
Broadly, the operators in a market such as Colorado will offer odds in line with Nevada. That’s partly because the odds are what they are - the technology determines them with some expert help.
Differences to Las Vegas odds are more likely when an operator chooses to reduce the price of bets on specific games that may appeal specifically to the Colorado bettor. Big grudge matches involving local teams can be an opportunity to attract new customers with special deals, including advantageous odds.
What games can I bet on?
The Colorado law allows bets on almost any sporting event except high school sports, proposition bets on college games and e-sports that are not sanctioned by a sports governing body. Motorsports are allowed.
The good news is that the Colorado law doesn’t have a specific list of authorized sports so there should be no other unusual omissions.
The NFL, NBA, NHL, MLB games are the staples of modern US sports betting. All sports betting casinos and operators will offer these. Soccer, including the big international competitions, golf, boxing, and tennis, are also popular, but each operator will produce their own list of sports.
The law gives the Colorado Division of Gaming the authority to authorize new sports as the market develops.
What bet types are there?
- Moneyline: Bet on which team wins.
- Spread: Bet on the margin of victory.
- Totals (Over/Under): Bet whether total points exceed or fall short of a line.
- Parlay: Combine multiple bets — all must win for payout.
- Same-Game Parlay: Multiple selections from one event.
- Teaser: Adjust spreads for multiple games with lower payout.
- Prop Bets: Wagers on player or team outcomes (Colorado bans prop bets on in-state college players).
- In-Play Bets: Wager after a game starts with live odds that update in real time.
- Futures: Bet on long-term outcomes like championship winners.
Some of the most popular bets with a brief explanation are:
Single-game bets
A single-game bet is made on one sports event or match. The bet might be on the points spread or who the winner will be, but it remains a bet restricted to one match.
Teaser bets
A teaser bet is a type of bet that allows the bettor to combine bets on two different games.
Usually, the bettor can adjust the point spreads for each games, but if this is done there is a lower return on the bet.
Parlays
Parlay bets are a series of connected bets, where the winnings are only paid if all legs in the parlay win.
If you bet on six matches as a parlay bet, then you have to pick the winners for all six to win your bet. If even one of your picks loses, you lose the whole bet.
Parlay bets give the chance to win a large payout for a small outlay, so they can be a lot of fun. But remember the odds are big because the chances of winning are small.
Over-under
In an over-under bet you predict the score of both teams added together. The operator quotes a line and the bettor takes either the over or the under.
Moneyline
Moneyline bets are the simplest of all bets. When you place a moneyline bet, you are simply betting on which team will win.
In-game bets
Something only developed in the last 10 to 15 years, in-game bets have become the most popular bets made in the US and around the world - something that's very popular at Fanatics Sportsbook.
In-game bets are bets made after a game has started. They rely on timely accurate data that is only available to regulated legal sports betting providers.
This means that illegal offshore sports betting sites cannot offer any competition to the legal in-game betting of regulated operators. If you currently bet at an offshore site, in-game betting is a great reason to change, as soon as Colorado gets legal sports betting up and running.
In-game bets offer you the chance to double down on a bet that you think is a winner, or place another bet if you think your initial decision was wrong.
They also help if you miss the chance to bet before the game starts—with the new technology, the betting window doesn’t close at kick-off.
Proposition bets
Proposition bets, also known as prop bets allow bettors to bet on a variety of different possible events in a game. The bets can be specific to the game or to an individual player in the game.
A typical prop bet may be that a specific player will score the next field goal or make the next touchdown during a game.
Bettors can also wager on things like what the points spread will be at the end of a quarter or what the total score might be at half-time.
Bettors can even wager on whether a game will go into extra time, or whether their favorite player will achieve a specific target—anything from running yards to making the longest pass.
Straight bets
A straight bet is a type of wager where you bet on a single game that carries either a point spread, a total or a money line.
To win a straight bet you must bet on the team that covers the spread or if the two teams cover the over or under.
What is cashing out a bet early?
Most CO sportsbooks let you cash out early - accepting a smaller guaranteed return or cutting losses before a game ends. It’s a handy feature during close games and available through app interfaces in real time.
The legal bookmakers have access to near-real-time data from leagues and authorized data providers like SportRadar. This allows them to calculate the odds of you winning your bet while the match is still on.
Armed with this information, they can offer to pay you a portion of your winnings or cut your losses, depending on how the odds have changed since you made the bet. Of course, if you take this option, they charge a small percentage of the bet for the service.
On the other hand, if you’ve watched a knuckle-biting game and your team has just drawn ahead to make your bet more likely to come off, then cashing out can be a big stress reliever!
Who pays the new Colorado sports betting taxes?
Colorado levies a 10% tax on sportsbook revenue, not on individual bettors. That money continues to fund the Colorado Water Plan and other state projects supporting water conservation and responsible gaming initiatives.
Regulation and Oversight
The Colorado Division of Gaming, part of the Department of Revenue, regulates all sports betting activity. Players with concerns can reach the agency at [email protected] or visit the official state site for complaint procedures and responsible-gaming resources.
Colorado sports betting law overiew
Colorado’s regulatory framework stems from HB19-1327 , which created the master-license system allowing casinos in Black Hawk, Central City, and Cripple Creek to partner with online operators. Each casino can host up to one online “skin” (sportsbook brand) under its master license.
The state’s balanced model - moderate 10% tax, flexible licensing, and open mobile market has positioned Colorado among the most competitive sports-betting states nationwide.
COLORADO SPORTS BETTING FAQ
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