Best Colorado Betting Sites for April 2024

So, how does our expert team dig out the best Colorado sports betting sites? First, we sign up at the online sports betting apps to get a first-hand experience of their services. We look at things like licensing, security, available odds, support, and more. Below are our review criteria:

Yes, online sports betting is legal within the state of Colorado. The journey toward legal sports betting in Colorado and other online sports betting legal states started in 2018 after the judiciary overturned PASPA (Professional and Amateur Sports Protection Act). This act outlawed all betting activities in the US, except for a few states like Oregon, Delaware, and Montana. The Supreme Court ruling effectively legalized betting at the federal level.

Another interesting fact about the 2018 ruling is that it allowed states to legalize or ban online sports betting within their borders. As a result, Colorado legalized online or land-based betting in May 2020. However, Colorado sports bettors can only register on locally licensed sports betting sites and must be aged 21 years and above. Also, online casino gaming is illegal in Colorado as it stands.

Signing up at the best Colorado sports betting sites is relatively quick and easy. Here’s how to go about it:

In this section, we have identified the top five Colorado sports betting sites that offer attractive bonuses, competitive odds, and a wide selection of sporting events.

DraftKings Casino

DraftKings

Founded in 2012, DraftKings is one of the biggest American-owned sports betting sites. Currently, it offers its bookmaking services in Colorado and 17 other states, including the newly regulated New York. After creating a DraftKings account, you'll get $1,000 in risk-free bets after depositing $5 only. Then, you can bet on dozens of sports, including international leagues and competitions.

Pros

Cons

• Low minimum deposit.
• Covers most international and local sports.
• Bet on daily fantasy sports.
• Wide range of bonuses.

• No mobile instant-play.
• Limited support options.

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FanDuel Casino

FanDuel

FanDuel is another local bookmaker licensed in most sports betting states. Founded in July 2009, this American sports betting site offers sports, online casino, and daily fantasy sports betting. New FanDuel sports bettors in Colorado get a $1,000 risk-free bet after placing their first bet and losing. You can wager on popular American leagues like MLB, NHL, NFL, NBA, and MLB. FanDuel sports bettors can also bet on international competitions in soccer, motorsport, tennis, MMA, and more. Plus, there's a dedicated casino section. FanDuel Sportsbook is one of the premier sports betting options available at West Virginia casino sites, offering a wide range of betting markets and competitive odds to players.

Pros

Cons

• An extensive list of bonuses.
• Cashout feature.
• Combine same game parlays.
• Quick and easy mobile app.

• App-only for mobile sports bettors.
• No cryptocurrency banking.

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Caesars Casino

Caesars

Caesars has arguably the largest in-person sports betting presence in America. Therefore, it's no surprise that it's one of the best online Colorado betting sites. At this bookie, new Colorado sports bettors get $1,100 in risk-free bets which can be used to bet on Colorado's professional sports teams like Denver Nuggets, Denver Broncos, and Colorado Rockies. That's not all. You can bet on most international competitions in soccer, tennis, rugby, horse racing, etc. And yes, this bookie offers online casino services to non-Colorado players.

Pros

Cons

• Generous welcome offer.
• A long list of banking methods.
• Game-rich online casino.
• Superb betting limits.

• Withdrawals can be slow.
• No live game streaming.

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BetMGM Casino

BetMGM

Owned by MGM Resorts International, BetMGM is a legal sports betting site in Colorado and dozens of states. Unlike most bookies on this list, BetMGM supports sports betting via the mobile app or web-based version. After creating a BetMGM account, you'll get a generous offer of $1,000 in risk-free bets. BetMGM also offers punters an immersive in-play sports betting experience with the all-important Cashout feature. Overall, BetMGM is a credible option.

Pros

Cons

• Full range of sports and markets.
• Live betting with live streaming.
• In-play mobile version.
• Online casino with hundreds of games.

• Separate apps for casino and sports betting.
• Minimal daily and weekly promos.

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BetMGM Casino

Betfred

Betfred is a UK-owned bookmaker with over 50 years of experience. This bookie is currently popular in Pennsylvania, Louisiana, Nevada, Iowa, and Colorado. New online sign-ups at Betfred get a risk-free bet of up to $500 to bet on football, basketball, soccer, hockey, etc. This state-of-the-art bookie supports all popular markets, from moneyline and parlays to totals and teasers. We're also impressed by Betfred's support, available via phone, live chat, and email.

Pros

Cons

• Reputable international bookmaker.
• Very responsive support.
• Visually appealing and simple mobile sports betting apps.
• Wide range of markets.

• No PayPal or Neteller for US bettors.
• Mobile betting on apps only.

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BetRivers

BetRivers

Still unimpressed? Check out BetRivers to enjoy a wide range of sports betting markets and high-quality live betting. New players at BetRivers Colorado get a 100% up to $250 deposit bonus with a mere 1x playthrough requirement and a $10 deposit. Then, browse through the aesthetically pleasing mobile app and bet on professional sports leagues and college sports. The available sports betting lines include moneyline, parlays, point spreads, Asian handicaps, etc. What's best, you can bet on live sports with 24/7 live streaming. Also, BetRivers is not only one of the top sports betting sites in general, but it's also a great option for boxing betting sites, with competitive odds and a user-friendly platform.

Pros

Cons

• Smooth live sports streaming.
• Frequent daily promotions.
• Welcome promo with 1x playthrough.
• Excellent mobile app.

• Bot-managed live chat.
• Can do with more payment options.

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The best Colorado sports betting sites have one thing in common – a top-quality mobile app. These Colorado sports betting apps transition quickly and smoothly between pages, making a massive difference. Also, we haven't come across a sportsbook app that crashes during our test. All in all, the colorado online sportsbook app stability of these Colorado sports betting operators is impressive.

But regardless of which Colorado sports betting app you choose, it's best to install it directly from Play Store or App Store. The thing is that apps installed from these platforms have been thoroughly tested to ensure they are safe to install and play on. And, of course, you can learn one of two things about the bookmaker's reputation from the app reviews.

The type of welcome reward at a bookie can determine whether or not you keep playing. In this section, we will highlight all the main types of welcome offers at the best Colorado sports betting sites.

Not every Sports betting market is available in Colorado. A good example is proposition bets or simply props. So, which sports betting markets can you bet on in Colorado? Let's find out!

Colorado is home to the most popular sports teams in the US. As such, you can bet on most sports in the Centennial State. The state is represented by Denver Broncos in NFL, Denver Nuggets in NBA, Colorado Raptors in MLR, Colorado Rockies in MLB, Colorado Rapids in MLS, and Colorado Avalanche in NHL. Besides these American sports, you can also bet on international competitions like the EPL, La Liga, etc.

Colorado betting sites also offer legal sports betting markets on collegiate sports. You can place sports bets on totals, overs/unders, parlays, futures, and other listed markets. Betting on fantasy sports is also widespread in Colorado, with bookies such as FanDuel and DraftKings majoring in this department. So yes, you can bet on relatively everything in Colorado minus prop bets.

Banking at Colorado's best online sports betting sites has never been easier, thanks to the myriad of payment solutions in the state. Here are some options to consider:

• PayPal: PayPal is undoubtedly the most popular e-wallet globally, with more than 400 million active users. Transaction via PayPal at top Colorado betting sites guarantees instant deposits and quick withdrawals for Colorado sports bettors. Also, you can transfer as much as $10,000 at once. And most importantly, PayPal is a mainstay at most regulated betting sites in the US.

• Debit/ Credit cards: Do you want to deposit or withdraw significant amounts at Colorado gambling sites? Consider using debit/credit cards like Visa and MasterCard. Deposits via these methods are usually free and instantaneous, although withdrawals may take up to 5 business days. Also, the maximum transaction fee is generally higher.

• Cash: Here's another recommended banking method to deposit unlimited amounts at the sportsbook. Just visit the sportsbook's partner casino and deposit any amount. Alternatively, you can use options such as PayNearMe to deposit at stores such as Family Dollar, CVS, and 7-Eleven. Visit the page and choose the store closest to you.

• Bank transfer: You can use your online bank account to transact with the bookie, although this method may be time-consuming. Bank transfer is safe and convenient because only the bank will be handling your financial information. In addition, this method is perfect for processing significant deposits and withdrawals.

• Skrill: If you don't have a PayPal account or your account was suspended, sign up on Skrill and enjoy similar, if not better financial services. Like PayPal, Skrill deposits are free and instant, with withdrawals taking just a few hours.

• ACH/ eCheck: Are you a VIP bettor with a checking account? Use eCheck or ACH service. This payment method offers instant deposits and withdrawals, depending on the bookie and bank's policies. But the biggest drawback is that your bank account must be from reputable banks like Fargo and Bank of America. Nonetheless, it's an excellent way to deposit massive amounts.

• PayNearMe: PayNearMe is a popular payment method used in the US. This payment method allows users to load their Colorado sports betting accounts using a barcode. Most transactions via PayNearMe are processed immediately.

• Play+ Prepaid Card: Banking via Play+ has a very high acceptance rate at most Colorado betting sites. This method is a money transfer channel between the sportsbook and the credit/debit card. Some banks may not support gambling transactions on your card. So, Play+ gives you that added convenience.

Before wrapping up this Colorado betting guide, we need to talk about responsible gambling. As a new or experienced bettor, it is important to treat online betting as a form of entertainment and not a full-time employment. Betting results are usually luck-based, so you have the same chances of losing as winning. Even a well-worked betslip can go up in smoke.

It's also vital to create a gambling bankroll. Don't gamble with money for house rent, medical insurance, school fees, and other important expenses. Instead, set aside a specific fraction of your overall income and split it into several betting units.

If you find yourself addicted to online sports betting and require urgent assistance, there are diverse self-help websites and forums that can help. Such platforms include Gam-Anon and GamTalk. Good luck!

At BestGamblingSites we want our readers to enjoy betting on sports and stay safe when doing so. To stay safe when betting we advise you to:

• Establish a budget: Set yourself a financial limit before you start betting. Adhere to this budget strictly and do not chase losses.

• Manage time wisely: Set specific time boundaries for betting. If you're betting a lot, then take a break. Most US betting platforms offer timeout options to assist with this.

• Emotionless decision-making: To ensure responsible gambling, it is crucial to detach emotions from the betting process. Recognize that luck plays a role, and that heightened emotions can lead to poor choices. Take a pause.

• Avoid pursuing losses: Although betting losses are undesirable, resist the urge to chase them. Doing so can exacerbate errors in judgment. Most US betting platforms offer payment caps to assist with this.

• Understand the risks: Gain comprehensive knowledge about the potential risks associated with betting. Acknowledge that the odds generally favor the house and approach sportsbetting as entertainment, rather than a reliable source of income.

• Do not borrow to bet: Refrain from borrowing funds for betting purposes. This practice can lead to financial distress and a cycle of debt. Only utilize disposable income for betting.

• Seek assistance when necessary: If you or someone you know is grappling with gambling addiction, do not hesitate to seek support from dedicated organizations or helplines. These resources provide valuable assistance, guidance, and access to relevant tools for overcoming gambling-related challenges.