Sports betting in Colorado

Is online sports betting legal in Colorado?

Colorado is no stranger to the world of sports, with some of the biggest teams and wildest sports fans in the country. With legalized sports betting live since May 2020, Colorado now offers one of the most competitive sportsbook markets in the nation. Coloradans wagered nearly $6.45 billion on sports in the fiscal year ending June 2026 alone, and with 16 licensed online sportsbooks now live, there has never been more choice for bettors in the Centennial State.

With so many sportsbooks competing for your business, there are massive bonuses, deep betting markets, and polished apps everywhere you look. But it can also be a lot to navigate. Which sportsbooks are actually worth using? Where are the retail locations? What changed with the state’s new consumer protection laws?

We’ve put together this complete guide to Colorado sports betting to answer all of that, from the state’s legal history and today’s best bonuses to every retail sportsbook in the state.

The Best Online Sports Betting Bonuses

Whether you’re new to sports betting or a seasoned pro at placing bets, there’s no doubt that you want to get the biggest bang for your buck. We totally get it.

So, we’ve put together a list of the top Colorado online sports betting sites with their current bonuses. These bonuses are verified regularly to ensure that you get the best value for your money.

Not a bad lineup of online sportsbooks. There are more, but we wanted to highlight not just all of the sportsbooks, but the best sportsbooks. These are the ones that you can get the most bang for your buck and have a good time. Plus, if you look at the reviews of any of these sportsbooks you’ll see that almost everyone else agrees.

What’s the Best Colorado Sportsbook Sign Up Bonus?

While the best can change from month to month, the best Colorado sportsbook promotion is currently Bet365’s sign up bonus. They’re offering a “Bet $5 Get $200 in Bonus Bets!” Of course, you’ll have to use the promo code 365BV1 to get the offer. Also keep in mind that’s for the month of July. Next month, who knows which it’ll be but we’ll update you when we get it.

Colorado Sports Betting Legislature

So, how did Colorado get here?

Colorado voters approved Proposition DD in November 2019, legalizing both retail and online sports betting through what became HB19-1327. The law allowed sportsbooks to launch through partnerships with the state’s licensed casinos in Black Hawk, Central City, and Cripple Creek, and the market officially went live on May 1, 2020, with several sportsbooks launching that very morning.

The market has grown rapidly ever since. Colorado now has 16 licensed online sportsbooks, more than almost any other state, and Colorado law allows for up to 30, so there’s still plenty of room for the market to expand further. Total wagering has topped $32.5 billion since the 2020 launch, and the state set a new all-time record in the fiscal year ending June 2026, with nearly $6.45 billion wagered and $47.2 million in tax revenue collected, a 28.1% increase over the previous year.

That rapid growth hasn’t come without scrutiny. As betting activity climbed to record levels, Colorado lawmakers grew concerned about consumer protection, particularly after reports showed Coloradans wagering close to $1 million a day on niche markets like table tennis. In response, the state passed Senate Bill 26-131, which took effect on August 12, 2026. The law bans Colorado sportsbooks from accepting credit card deposits for sports bets, caps customers at six deposits per gaming day, and prohibits operators from sending push notifications or texts that solicit bets or deposits. Violations can result in fines of up to $25,000 per incident from the Colorado Limited Gaming Control Commission.

A 10% tax on sports betting proceeds funds the state’s water plan, a detail Colorado voters specifically built into the original 2019 legislation. Given the state’s recurring drought concerns, that funding stream has become an increasingly important part of the sports betting conversation in Colorado.

Online Sports Betting Sites

Now that you understand the state of legal sports betting in Colorado, it’s time to find the right online sportsbook for you. With 16 licensed operators, Colorado has one of the deepest sportsbook markets in the country. We’ve picked out some of the top options so you can get started quickly.

Each of these sportsbooks offers strong bonuses, a smooth user experience, and a wide range of betting markets. Pick the one that fits you best, create an account, grab your promo code, and get in on the action.

DraftKings Sportsbook

• Current Colorado DraftKings Sportsbook Promo: Bet $5+ Get $200

One of the biggest names in daily fantasy sports, DraftKings was among the first sportsbooks live in Colorado back on May 1, 2020, through its partnership with Bally’s Black Hawk. With a highly polished app and a deep selection of wagering options, DraftKings remains one of the premier online sportsbooks in the state.

In our experience, the best thing about DraftKings is its sheer number of betting markets. Every major sport is on offer, along with a good selection of popular niche markets, whether you prefer moneylines, spreads, or parlays.

FanDuel Sportsbook

• Current Colorado FanDuel Sportsbook Promo: Get $350 in Bonus Bets Guaranteed

Like DraftKings, FanDuel has long been a popular name in daily fantasy sports, and it’s been part of the Colorado market since launch day in May 2020 through its partnership with Bally’s Black Hawk. FanDuel boasts an impressive selection of markets across football, basketball, baseball, hockey, and more.

In terms of promotions, FanDuel consistently offers some of the most generous bonuses in the Colorado market, and it remains one of the most popular apps among Denver-area bettors.

BetMGM Sportsbook

• Current Colorado BetMGM Sportsbook Promo: Up to $1,500 in Bonus Bets Back - If Your First Bet Loses

The MGM brand is one of the oldest and most respected names in gaming, and BetMGM has been part of Colorado’s sportsbook market since launch, operating through Midnight Rose Casino. With one of the largest selections of betting markets in the state, BetMGM is a great choice for experienced bettors.

BetMGM also runs frequent promotions and bonuses on top of its already deep market coverage, making it one of the more well-rounded options in Colorado.

Caesars Sportsbook

• Current Colorado Caesars Sportsbook Promo: Your First Bet Matched Up to $250 in Bonus Bets

The name Caesars is synonymous with luxury and excellence, and Caesars Sportsbook has been a fixture of the Colorado market since May 2020 through its partnership with Lady Luck Casino. As one of the most trusted names in sports betting, Caesars delivers a strong experience for Colorado bettors.

Between its wide betting markets and well-known Caesars Rewards program, Caesars Sportsbook remains a popular choice for Colorado bettors who like earning points on every wager.

bet365 Sportsbook

• Current Colorado bet365 Sportsbook Promo: Bet $5 Get $200 in Bonus Bets

bet365 launched in Colorado in September 2022 through a partnership with Century Casino in Cripple Creek, and it’s quickly become a favorite for bettors who live for in-play action. Their live betting suite is among the best in the business, with real-time odds updates and streaming on select events.

If you like to bet on the fly, bet365’s in-game betting tools make it one of the strongest options in the Colorado market.

Fanatics Sportsbook

• Current Colorado Fanatics Sportsbook Promo:

Fanatics Sportsbook launched in Colorado in December 2023 through a partnership with Double Eagle Casino, pairing its retail sports merchandise business with a growing mobile sportsbook. New users can earn FanCash through the welcome promotion, which can be spent on future bets or Fanatics gear.

Fanatics rounds out its Colorado offering with daily odds boosts and profit boosts on select games, making it a solid option if you like to stack rewards on top of your regular betting activity.

More Colorado Sportsbooks

Beyond the major national brands, Colorado is also home to a long list of additional licensed sportsbooks, including BetRivers (McGills Hotel and Casino), Circa Sports (Century Casinos), Bally Bet (Bally’s Black Hawk), BetMonarch (Monarch Casino), SBK (Bronco Billy’s Casino), ESPN Bet, Betfred Sports (Saratoga Casino Black Hawk), Sporttrade (East Street Casino), and theScore Bet (Ameristar Casino Black Hawk). SuperBook has also been approved through The Lodge Casino, though it has not yet launched. With this many operators, Colorado has one of the most crowded and competitive sportsbook markets in the country.

Retail and Online Sportsbooks in Colorado

Looking for a specific online sportsbook, or maybe a name outside of the popular picks above? Check out the complete list of legal sportsbooks available in Colorado, the casino they are partnered with, and their launch status below. Many of these online sportsbooks offer extremely competitive odds.

New Consumer Protection Rules Bettors Should Know

Colorado lawmakers passed Senate Bill 26-131 in response to the market’s rapid growth, and its restrictions took effect on August 12, 2026. The law bans Colorado sportsbooks from accepting credit card deposits for sports bets, caps customers at six deposits per gaming day, and prohibits operators from sending push notifications or texts that solicit bets or deposits. Sportsbooks that violate the rules face fines of up to $25,000 per violation from the Colorado Limited Gaming Control Commission.

The changes came after years of record betting growth and rising concern from problem gambling advocates about the pace of that growth, including a notable spike in wagering on niche markets like table tennis. If you’re funding a Colorado sportsbook account, plan to use a debit card, bank transfer, or e-wallet rather than a credit card going forward.

Why Coloradans Love Sports Betting — There’s More to it than you Think

Coloradans are fanatical about sports and the thrill that comes with it. Their love for game staking is no secret and it’s not just about the potential winnings. It’s about the excitement, the strategy, and the chance to support their favorite teams in a whole new way.

Think about it — the state has a rich sports culture, with beloved teams like the Denver Broncos, Denver Nuggets, Colorado Avalanche, and Colorado Rockies. Since sports wagering became legal in 2020, these teams have gained even more loyal followers. With all of the major sports centrally located in the Centennial State, you can see why they get excited over it.

The plethora of choices plays a big role as well. With access to top Colorado sports betting sites like DraftKings, FanDuel, and BetMGM, they can place their bets from the comfort of their homes. Who doesn’t love watching the game you’re betting on with a cold one in your hand? Plus, there’s a variety of betting options to choose from. Whether it’s basketball or football, in-game or futures betting, there’s something for everyone. Personally, we’re big fans of in-game betting (aka live betting). Talk about pure excitement!

Their love for wagering goes beyond just the games. When the state voted to legalize sports betting in 2019, they made Colorado’s water the real winner. A 10% tax on casinos’ sports betting proceeds goes towards water projects, ensuring they’re not just having fun but also contributing to the well-being of their state. Given the recent droughts, Colorado could really use this.

Since legalizing sports betting, Colorado has grown one of the largest sports betting markets in the country, with more than $32.5 billion wagered since 2020. That’s insane when you actually think about it. If this achievement doesn’t reflect their passion for sports and making their betting market one of the best, we don’t know what does.

Ultimately, sports and sports betting brings Colorado together, fuels their competitive spirit, and allows them to give back to their beautiful state. We’re excited to see where Colorado takes their market next.

8 Tips for Colorado Sports Bettors

We know you’re excited to try one of the many Colorado sports betting sites, and we don’t blame you. But before you jump in head first, our sports betting experts put together 8 tips for beginner and experienced bettors alike.

1. Know your game. We always encourage you to bet on sports that you’re familiar with. Understanding the rules, teams, and players can give you an edge when placing bets. Try to avoid blind-betting whenever possible.

2. Stay informed. Stay up-to-date with the latest news, injuries, and stats. This information can be crucial when deciding where to place your bets. Oftentimes, a game-time injury decision could be the difference in a big win.

3. Set a budget. Always set a betting budget and stick to it. Remember, get into this for the fun and thrill of the game, not to chase losses.

4. Explore different sportsbooks. With 16 sportsbooks live in Colorado, don’t limit yourself to just one. Different platforms offer different odds and promotions, so find the ones that suit you best.

5. Understand betting odds. Take time to understand how betting odds work. It’s not just about who wins or loses, but also by how much. With a spread bet, your pick could win even if the team loses.

6. Start small. Especially if you’re new to sports betting, start with smaller bets. As you gain experience and confidence, you can gradually increase your wagers.

7. Take advantage of promotions. Many sportsbooks offer promotions and bonuses. Make the most of these opportunities to maximize your winnings. You’re not limited to a single bonus; you can get all of them.

8. Watch your deposits. As of August 2026, Colorado law limits you to six sportsbook deposits per gaming day and bars credit card funding entirely. Plan your bankroll accordingly and use a debit card, bank transfer, or e-wallet instead.

Our experts could spend hours giving tips, tricks, strategies, and advice. These happen to be the most important things to remember when betting on sports in Colorado. Stick to these, and you’ll be sure to have an enjoyable experience.

Colorado Sportsbook FAQ

We get questions all the time about Colorado betting sites. Here are the answers to some of the most frequently asked questions.

Is sports betting legal in Colorado?

Yes, sports betting is legal in Colorado. Voters passed Proposition DD (enacted through HB19-1327) in November of 2019 to legalize sports betting, and sports betting officially became legal on May 1, 2020, with several sportsbooks launching that morning. It is currently legal to bet on sports at both retail sports betting locations and online/mobile sportsbooks.

Is online sports betting legal in Colorado?

Yes, people who live or are traveling in the state can bet online and in-app with any of the state’s licensed Colorado sportsbooks. Since the state took action to make sports wagering legal, 16 Colorado sports betting apps have launched, including DraftKings, FanDuel, BetMGM, Caesars, bet365, and Fanatics Sportsbook.

What are the eligibility requirements for Colorado sports betting?

To engage in sports betting in Colorado, you need to be at least 21 years old. You also need to be physically located within the state when placing your bets, even if you’re not a resident. Most sportsbooks use geolocation technology to ensure this requirement is met.

Who regulates sports betting in Colorado?

The Colorado Limited Gaming Control Commission and the Colorado Division of Gaming, both under the Department of Revenue, oversee all legal sports betting in the state, including licensing and enforcement of rules like Senate Bill 26-131.

What types of bets can Colorado sports bettors make?

You can bet on all major US sports including football, basketball, baseball, hockey, golf, tennis, and more with any of the countless Colorado sportsbooks. You can also bet on international events like the Olympics and the World Cup. All types of legal sports betting types are allowed including moneylines, spreads, bonus bets, parlays, and more.

What is the tax rate on sports betting in Colorado?

The tax rate on sports betting in Colorado is 10%. That is a bit higher than some other states, but it is still competitive. The good news is that the tax revenue generated from sports betting goes towards funding the state’s water plan, and it hit a record $47.2 million for the 2025-26 fiscal year.

Don’t forget about federal taxes when you bet on sports. There are various thresholds depending on how much you win from the sports bets, so you’ll want to look into federal taxes as well. The Colorado sportsbook apps will report your winnings to the IRS based on these thresholds, so don’t try to skirt around the law.

How many sportsbooks are currently operating in Colorado?

There are currently 16 online sportsbooks operating in Colorado, and nearly all of them have mobile betting apps. Colorado law allows for up to 30 licensed operators, so there’s still plenty of room for the market to grow.

Are there limits on the size of bets I can make?

The state lets sportsbooks set their own bet limits. This will not only change between books but will vary based on bet type and sport. As of August 2026, Colorado also caps bettors at six deposits per gaming day under SB 26-131. Just remember, when you’re getting into Colorado sports betting, to always gamble responsibly.

How do I make a deposit?

While each sportsbook offers its own set of options for funding your account, the process is straightforward and easy to follow for anyone. As of August 2026, you can no longer fund a Colorado sports betting account with a credit card under SB 26-131. This means you’ll need to use a debit card, bank transfer, checking account, or an e-wallet like PayPal.

What sports are available to bet on in Colorado?

For the most part, you can bet on every sport in Colorado, and you’re not limited to only sports based in Colorado. All the major sports leagues including the NFL, NBA, NHL, MLB, PGA, NASCAR, UFC, and tennis can be bet on in Colorado, along with international events. Niche markets like table tennis have also become surprisingly popular with Colorado bettors.

While sports betting is legal for most sports in Colorado, exceptions include e-sports that the state doesn’t regulate, high school sports, and prop bets and in-game betting on college sports. However, game bets, whether with bonus bets or parlay bets to name a few, involving college sports are still legal. These policies are fairly standard for most states.

Is live betting legal in Colorado?

Yes, as with the rest of Colorado online sports betting, live betting is allowed in Colorado. This is one of the most popular features among online sports betting sites and sportsbook app users.

Think the Denver Broncos are going to come back from a deficit? Score on this drive? Gain 5+ yards on this play? You can bet it all with live betting, and every major sportsbook in Colorado offers it. Don’t forget, though, live betting on college sports is not legal, so you won’t find that with any of the mobile sports betting apps.

Get in on the Colorado Sports Betting Action!

The Colorado sports betting market has grown into one of the deepest and most competitive in the country, with 16 licensed sportsbooks and counting. Whether you’re a seasoned bettor or a beginner, remember to keep our expert tips in mind as you navigate this dynamic market.

While you’re at it, be sure to take advantage of all of the bonus offers from the various sportsbooks, and stay on top of the state’s new deposit rules so your betting experience stays smooth from the very first wager.

How to bet in Colorado

Register with a licensed operator above, verify your identity and location, and deposit — mobile wagering is available statewide the moment you're inside Colorado's borders. Retail sportsbooks are also live at select casino and racetrack locations where applicable.

Taxes & responsible gambling

Winnings are subject to state and federal tax reporting; operators issue a W-2G above IRS thresholds. Colorado's problem-gambling helpline is available 24/7, and every licensed operator supports self-exclusion and deposit limits.