Colorado Sportsbook Promos & Sports Betting Bonus Codes

Looking for the best Colorado sportsbook promos? You’re in the right place. This page features the most up-to-date and valuable sports betting offers available in the Centennial State.

Colorado launched legal sports betting in May 2020, and the market has since grown into one of the most competitive in the U.S. With popular local teams like the Broncos, Nuggets, Rockies, Avalanche, and Rapids, sports fans in Colorado have no shortage of exciting betting opportunities—especially with the promos highlighted here.

Today, Colorado is home to over 20 licensed mobile sportsbooks and a growing number of retail betting locations across the state. Whether you prefer betting from your phone or visiting a retail sportsbook, there’s a wide variety of bonuses and promotions to take advantage of.

Bet365 Colorado Promo

Bet365 is one of the biggest sports betting brands in the world today. After partnering up with Century Casinos in Cripple Creek, Colorado launched in the state in September 2022. Under the agreement, Century Casinos operates two land-based casinos in Colorado, Century Casino & Hotel in Central City and Century Casino in Cripple Creek, both offering retail sports betting under the Bet365 brand.

All new customers at Bet365 will receive their amazing bet-and-get welcome bonus. Make the minimum deposit of $10 and place your first bet to get a big bonus bet payout. 

Use the link and promo code below to unlock the Bet365 Colorado new customer offer. 

DraftKings Colorado Promo

DraftKings Sportsbook is one of the most prominent sportsbook brands in the United States, thanks to its unmatched new and existing user promotions. Their deep history in the DFS industry leads the way to an unrivaled sports betting experience both on their app and website. The blend of black and white leads to an exceptional user experience. 

DK was one of Colorado's first sportsbooks to go live with their online sportsbook in May 2020. There is also a retail DK sportsbook at the Mardi Gras Casino offering multiple betting kiosks and a large LED video wall displaying live sports games and odds.

They offer a competitive new user sportsbook promotion for Colorado residents. Use the link and promo code below for  best-offer guarantee.

Caesars Colorado Promo

When Caesars Entertainment acquired the popular William Hill sports betting brand for a cool $4 billion, the online sports betting world instantly gained a premier one-stop shop for every gambler. 

Since May 2020, sports bettors in the great state of Colorado can now legally place wagers anywhere within the state borders on the Caesars sportsbook site or app. You can also place sports bets at Caesars retail sportsbook at the Lady Luck Casino in Black Hawk, Colorado.

For new Caesars customers, there is a welcome bonus package that consists of a bonus bet offer and Caesars reward credits. To lock in this offer, use the link and promo code below. 

FanDuel Colorado Promo

FanDuel Sportsbook has been offering its online sportsbook in Colorado since May 2020. They also run a retail sportsbook at the Golden Gates Casino in Black Hawk, a license partner to FanDuel in Colorado. 

The sportsbook at Golden Gates Casino features a 24-foot LED video wall, multiple betting windows and kiosks, and a wide range of sports and events available to bet on, including professional and college football, basketball, baseball, hockey, and more.

For new customers to Fanduel, you can pick up a sign-up bonus that will trigger after you register, deposit, and place your first bet. There is no Fanduel promo code needed, but you need to click on the link below to activate the bonus offer. 

BetMGM Colorado Promo

The name BetMGM should not sound unfamiliar in the sports betting world as they are the online sportsbook for MGM Resorts International. The sports betting site is simple, clean, and fast! Users can also download the mobile app to their phones or other devices using the Play Store or App Store. 

For locals, there is also the BetMGM retail sportsbook at the Midnight Rose Hotel and Casino in Cripple Creek. 

BetMGM is one of the leading brands in Colorado sports betting promotions and bonuses, giving its users plenty of promotions all year round. Currently, they have the following new user bonus:

Denver has numerous sports stadiums across the city, including the multi-purpose Ball Arena, baseball stadium Coors Field, and American football stadium Empower Field at Mile High. At those impressive stadiums, you have the Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Rockies (MLB), Denver Broncos (NFL), Colorado Rapids (MLS), and last but not least, the Colorado Mammoth (NLL).

Football

The Denver Broncos are a professional American football team based in Denver, Colorado. They were founded in 1960 as a charter member of the American Football League (AFL), and joined the National Football League (NFL) as part of the AFL-NFL merger in 1970.

The Broncos struggled to succeed in their early years, failing to reach the playoffs until 1977. However, the team quickly became a contender, making it to the Super Bowl in 1977, 1986, 1987, and 1989, but losing each time.

In the 1990s, the Broncos experienced sustained success under quarterback John Elway's leadership, winning back-to-back Super Bowls in 1998 and 1999. Elway retired after the 1998 season, but the team remained a competitive force in the NFL.

In recent years, the Broncos have continued to be a competitive team, winning the Super Bowl in 2016 under the leadership of quarterback Peyton Manning. Throughout their history, the Broncos have had many notable players, coaches, and moments, and have established themselves as one of the most successful and popular teams in the NFL.

Basketball

The Denver Nuggets are a professional basketball team based in Denver, Colorado. They were founded in 1967 as a member of the American Basketball Association (ABA), and joined the National Basketball Association (NBA) in 1976 as part of the ABA-NBA merger. The Nuggets struggled in their early years, failing to make the playoffs in their first six seasons. 

However, in the 1974-75 season, the team made it to the ABA Finals, but lost to the Kentucky Colonels. In the NBA, the Nuggets struggled to succeed, missing the playoffs in their first seven seasons. 

In the 1980s, the team became a competitive force in the Western Conference under the leadership of Alex English and Dan Issel, reaching the playoffs nine times in ten seasons. In the 1990s and early 2000s, the Nuggets experienced a period of inconsistency but still had notable players such as Dikembe Mutombo and Carmelo Anthony, who led the team to the playoffs several times. 

In recent years, the Nuggets have established themselves as a competitive team in the Western Conference, with star players such as Nikola Jokic and Jamal Murray leading the team to multiple playoff appearances.

They clinched their first NBA Championship title in 2023 by defeating the Miami Heat in the finals with a series score of 4-1. This victory marked the end of a long championship drought for the Nuggets, who had never previously won an NBA title nor reached the finals before this triumphant season.

Hockey

The Colorado Avalanche are a professional ice hockey team based in Denver, Colorado. They were founded in 1972 as the Quebec Nordiques, and joined the National Hockey League (NHL) in 1979 as part of the WHA-NHL merger.

The Nordiques struggled in the NHL, and after several years of low attendance and financial difficulty, the team was sold and moved to Denver in 1995, becoming the Colorado Avalanche.

In their first season in Colorado, the Avalanche won the Stanley Cup, led by star players such as Joe Sakic, Peter Forsberg, and Patrick Roy. The team won another Stanley Cup in 2001, and have made multiple playoff appearances throughout their history.

The Avalanche have also had some notable players and coaches, including Ray Bourque, who won his only Stanley Cup with the team in 2001, and Patrick Roy, who won two Stanley Cups as both a player and coach for the Avalanche.

Baseball

The Colorado Rockies are a professional baseball team based in Denver, Colorado. They were founded in 1991 and began playing in the National League (NL) in 1993.

The Rockies struggled in their early years, but in 1995, they made a remarkable run to the playoffs as a wildcard team, winning their first-ever playoff series before losing in the NL Championship Series.

In 2007, the Rockies again made it to the playoffs as a wildcard team, and went on to win their first National League pennant before losing in the World Series to the Boston Red Sox.

The Rockies have had some notable players throughout their history, including Todd Helton, who spent his entire 17-year career with the team and is considered one of the greatest players in franchise history.

Despite some successes, the Rockies have mostly struggled to find sustained success in the highly competitive National League West division

Soccer

At Dick's Sporting Goods Park in Commerce City, the Colorado Rapids of Major League Soccer were the Western Conference’s best team in 2021, but they fell in the conference semifinals. In the 2022 season, they will look for their second MLS championship, with their first coming in 2010.

College Sports

Colorado is also home to college sports like football, basketball, hockey, and other sports. The Pac-12 NSD’s University of Colorado Collins plays in Boulder, Colorado State University Rams in Fort Collins, University of Denver Pioneers in the south of downtown Denver, and the United States Air Force Academy Falcons in Colorado Springs. The University of Northern Colorado Bears is a member of the NCAA Division I FCS.

Other Sports

Aside from that, other pro sporting events are held in Colorado, from NASCAR races held at the Colorado National Speedway in Weld County to PGA tournaments at Castle Pines Golf Club in Castle Rock.

Betting is available online and at one of Colorado's many retail sportsbook locations. In-person and online sports betting is legal in Colorado. In November 2019, voters in Colorado approved Proposition DD, which allows for sports betting in the state. The Colorado Limited Gaming Control Commission is responsible for regulating sports betting in the state and issuing licenses to operators.

Retail sports betting officially launched in Colorado on May 1, 2020. There are several retail sports betting locations in the state where you can place bets.

Black Hawk Casino Retail Sportsbooks

Cripple Creek Casinos Retail Sportsbooks

The five most popular types of sports bets vary based on a users preference but these are the top five types for Colorado:

• Moneyline bets: These are the most straightforward type of bet, where a person bets on which team or player will win the game or match.
• Point spread bets: In point spread bets, the bettor wagers on the margin of victory in a game or match. The favorite team or player is assigned a point handicap, and the bettor must choose whether the favorite will win by more than the handicap or the underdog will lose by less than the handicap.
• Over/under bets: In over/under bets, the bettor wagers on whether the total points scored in a game or match will be over or under a specified number.
• Prop bets: Prop bets, or proposition bets, are bets on specific events or outcomes within a game or match that are not related to the final result, such as the number of points a particular player will score or the duration of the national anthem before a game.
• Parlays: A parlay bet is a type of sports bet where a bettor places multiple individual wagers on different outcomes, and all of the bets must win in order for the parlay bet to be successful. For example, a bettor may place a parlay bet on three different NFL games: the Broncos to win, the Packers to cover the spread, and the total points scored in the Seahawks game to be over a certain number. If all three of these individual wagers are correct, the bettor wins the parlay bet, which typically has higher odds and a larger payout than if the bets were placed individually. 

These are just some of the many types of bets offered in Colorado.

Online sports betting has a relatively short history in Colorado, with the state legalizing it in November 2019. The first legal sports bets were placed in Colorado on May 1, 2020, following a voter-approved referendum in 2019.

Prior to the legalization of sports betting, Colorado had already legalized other forms of gambling, such as brick-and-mortar casinos and horse racing. However, sports betting remained illegal until the 2019 referendum, which allowed the state to license, regulate and tax sports betting through the Colorado Department of Revenue - Division of Gaming.

Since then, several retail casinos and online sportsbooks have begun offering sports betting in Colorado. The state has also set up regulations to protect consumers and ensure the integrity of sports betting, such as requiring operators to use official league data and prohibiting certain types of bets on college sports.

Colorado has quickly become one of the top states for sports betting, with a market that is expected to grow significantly in the coming years. The state's favorable regulatory environment and growing sports fanbase make it an attractive market for online sportsbooks and investors alike.

Before we wrap things up, let's take a minute to go over everything else you'll need to know about Colorado sports betting before you get started:

Can You Do Sports Betting in Colorado?

Yes, you can engage in online sports betting in Colorado. The state officially legalized sports betting in 2019 and currently boasts a vibrant market with nearly two dozen legal sports betting apps and sites. Notable platforms include bet365, FanDuel, Caesars, DraftKings, and BetMGM as well as several local companies tailored to the unique Colorado market.

Are There Sportsbooks in Denver?

Yes, there are plenty of online sportsbooks available in Denver, Colorado. You can sign up with DraftKings, FanDuel, and many other licensed sports betting apps to place your bets while at home or on the go.

However, there are currently no retail sportsbooks available in the city of Denver. If you're looking for a way to bet on sports in person, you'll need to visit an approved retail sports betting facility in one of the state's land-based casinos in Black Hawk or Cripple Creek.

Is Online Gambling Allowed in Colorado?

Yes! Online gambling is legal in the state of Colorado in several different forms, including mobile sports betting, daily fantasy sports (DFS) contests, and pari-mutuel wagering on horse racing events. Real-money wagering on online casino games, however, is not yet available in the Centennial State.