Best Colorado Sportsbooks: Our Comprehensive Legal Betting Guide for CO
Colorado sportsbooks have brought the excitement of legal sports betting to fans across the Rocky Mountain region. The market is growing quickly and offers a wide range of options, competitive odds, and plenty of ways to bet on your favorite teams and events. Our team at Best Sportsbooks has reviewed every major platform available in the state so you can make an informed decision before placing your first wager.
Once you finish this guide, you will be ready to confidently choose the best sportsbook in Colorado for your next wager.
Top Sportsbooks for Colorado Sports Betting Online
Up To $1500 Paid Back in Bonus Bets if Your Bet Doesn't Win
New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days
New DraftKings Customers: Spend $5+ Get $200 in Bonuses Instantly!
10 x $100 bet match in FanCash
Quick facts about Colorado sportsbooks
- Colorado sports betting is fully legal and regulated. You must be 21 years of age or older and physically present in Colorado to place wagers.
- Licensed operators like DraftKings, BetMGM, Caesars, and Fanatics offer mobile apps, many sports to bet on, and secure payment options.
- These sportsbooks have markets for various sports events and betting types.
Are sportsbooks legal in Colorado?
Yes. Sports betting is fully legal in Colorado for individuals aged 21 and older. In 2019, Colorado voters approved sports wagering (Amendment DD), and the first bets were placed at licensed casinos that spring. In May 2020, mobile and online sports betting were launched statewide.
The Colorado Division of Gaming oversees Colorado's sports betting. Only sportsbooks approved by state regulators can operate here. These licensed sites must partner with a Colorado casino or racetrack. Major brands, including DraftKings, BetMGM, Caesars, and Fanatics, legally operate in Colorado.
All forms of pro and college sports bets are allowed, though there are restrictions. Colorado law prohibits betting on local high school teams in certain instances and requires geolocation verification for online play. Otherwise, you can wager on the National Football League (NFL), National Collegiate Athletic Association (NCAA), National Basketball Association (NBA), and more from anywhere within the state.
Colorado isn't the only state that permits online sports betting. To the west, Arizona legalized sports betting in 2021. Both states share similar sports leagues and in-play betting options. Feel free to read our page on Arizona sportsbooks for more details.
What betting sites are legal in Colorado? Here are the top 4
DraftKings, BetMGM, Caesars, and Fanatics rank high among the best licensed Colorado sportsbooks. Let's review them below.
DraftKings: Daily fantasy pioneer
Welcome bonus: Bet $5, get $300 in bonus bets.
Among several sportsbooks we've tried, DraftKings stands out. This brand started as a daily fantasy sports platform for baseball and has since evolved into a user-friendly sportsbook app. We like that it covers a huge range of sports (NFL, NBA, college sports, and more).
The interface is also clean and fast, allowing us to place bets without any lag. DraftKings also offers fun features, such as live in-game betting. It even runs fantasy contests alongside its betting offerings, which adds an extra layer of excitement.
For players, the site is trustworthy and well-secured. While no strategy guarantees a win, we prefer DraftKings for its reliability and easy mobile experience.
BetMGM: A reputable casino giant
Welcome bonus: Up to $1,500 back in bonus bets if your first wager loses.
BetMGM is another top Colorado sportsbook with a Vegas theme. Backed by MGM Resorts, this platform is polished, professional, and reliable. We appreciate that the account is tied to MGM's land-based casinos for additional perks.
BetMGM covers all major sports and features an intuitive "Edit My Bet" option. This feature allows you to add/remove teams or increase your wager after making and confirming your sports picks.
The platform offers a loyalty program (MGM Rewards) that gives points for both casino play and sports bets. Overall, BetMGM is straightforward and secure, making it reliable for serious bettors.
Caesars: A legendary brand
Welcome bonus: Place your first bet of $1 or more and get twenty 100% profit boosts (up to $25 max bet per boost).
We enjoyed using the Caesars sportsbook because the name inspires confidence. It used to be William Hill's platform, now fully under the Caesars brand. You can bet on all major sports, and the easy parlay builder is a standout feature.
The site ties into the Caesars Rewards program, so your sports picks accumulate loyalty points and other perks (including free hotel stays, dining, or free bets via a mobile app). Everything felt secure and well-run in our opinion. Overall, we find Caesars to be a solid and trustworthy choice for sports betting.
Fanatics: A top betting site
Welcome bonus: Up to $2,000 in FanCash.
We recently tried Fanatics and were impressed by this newcomer. It launched in Colorado in late 2023, and the app is smooth and user-friendly. It offers bets on all major sports (NFL, NBA, etc.) and even niche leagues.
We like the platform's "FanCash" feature, a bet insurance (when your first wager as a new player loses) that credits up to $200 daily for ten consecutive days. Setting up an account was quick, and the site is modern and fully legitimate. Fanatics is a fun choice if you're looking for something fresh.
Comparison of the best Colorado sportsbooks
To help you decide, here's a quick overview of the leading Colorado sportsbooks:
| Sportsbook | Available Since | Mobile App? | Key Features | Welcome Bonus |
| DraftKings | 2020 | 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 | 2020 | 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 | 2020 | 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). |
| Fanatics | 2023 | Yes (iOS and Android) | Mobile-first design, FanCash rewards | Up to $2,000 in FanCash (If your first wager loses, receive up to $200 daily for 10 consecutive days). |
| bet365 | 2022 | Yes (iOS and Android) | Extensive live markets, micro-bets, and streaming | Bet $5, get $200 in Bonus Bets if your first wager wins or loses. |
Choosing a Colorado sportsbook
Whenever you want to pick a sportsbook to play on, here are key features to look for:
Legality & licensing
Make sure the Colorado Division of Gaming licenses the sportsbook. Every legal sportsbook in CO must partner with a local casino partner.
Sports & betting options
Verify that your favorite sports (e.g., NFL, NBA, NCAA) are included. Most Colorado books also offer parlays, props, and live in-game betting. Our best bets page is a great resource for spotting value across markets.
User experience
A clean, fast website and mobile app make betting easier. Top sportsbooks have intuitive apps and helpful tutorials.
Payment methods
Look for multiple deposit/withdrawal options, including credit/debit cards, PayPal, bank transfers, and more. Fast payouts and refund speed can vary by site.
Customer support & trust
Good sportsbooks offer reliable 24/7 customer service. Since betting involves real money, use well-known, respected brands.
Responsible gaming
The best sportsbooks offer helpful features, such as deposit limits and timeouts, to help users manage their gaming experience effectively. Betting should be fun, not a way to cover losses. Colorado offers support resources if gambling stops being enjoyable.
These factors can help you narrow your choice of betting sites in Colorado. We typically prefer sportsbooks that offer user-friendly apps and responsive customer support.
Up To $1500 Paid Back in Bonus Bets if Your Bet Doesn't Win
New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days
New DraftKings Customers: Spend $5+ Get $200 in Bonuses Instantly!
How to get started with Colorado sportsbooks
Ready to place bets on any of the betting sites in Colorado? Here's how to go about it:
📋 Select a Colorado Sportsbook
From our list (DraftKings, BetMGM, Caesars, and Fanatics), click the banners on this page to register on any of these Colorado sportsbooks. You can also browse sportsbook promos to compare welcome offers before signing up.
📝 Register an Account
After making a selection, input your basic details (name, address, date of birth, Social Security number, and phone number) to verify your age and identity. The platform also uses geolocation functionality to verify you're physically in Colorado.
💳 Log in to Your Account and Make Your First Deposit
Once your account is set up, deposit funds. Most sportsbooks accept credit or debit cards, PayPal/Venmo, bank transfers (ACH), or cash at a casino teller or PayNearMe kiosk. That's it! Once your deposit is made, you can explore various games and betting options.
As you may be aware, sports betting laws vary widely. For example, in Florida, due to ongoing legal battles, you won't find many available sports betting platforms in this state. Please check our guide on Florida sportsbooks for more information.
Pros and cons of Colorado sports betting sites
As we review these Colorado sports betting platforms, we have identified notable perks and a specific drawback.
- Easy access to a Colorado sportsbook via a mobile app or PC
- Hundreds of sports events and bet types to explore
- These betting sites are licensed under the Colorado Division of Gaming oversight
- Due to strict geolocation rules, you can't place bets unless you are within the state
If you enjoy a bit more variety beyond sports betting, exploring sweepstakes casinos is a great option available in most US states, including Colorado.
Sport betting limits in Colorado
In Colorado, responsible gaming is mandated by law. Every licensed sportsbook is required to offer tools and safeguards to ensure you're in full control of your gaming sessions. They include:
- Self-exclusion: This feature allows you to ban yourself from betting for a specified 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.
- Reality checks: Some sportsbooks show pop-ups or alerts when your session time hits a specific threshold.
Place wagers on these Colorado sportsbooks today
When it comes to sports betting in Colorado, we've covered everything you need to know. Wagering on your favorite teams is legal and safe when you choose a properly licensed sportsbook. You can also take advantage of our free picks to get expert insight before placing your first wager.
As always, each operator has its own strengths, so think about what matters most to you: a seamless app, lots of betting options, or a loyalty program. Now that you know the rules and top sites, it's time to explore on your own. Click the banners of any sportsbook you prefer to register an account and start making your predictions. For more detailed information on each operator, check out our comprehensive sportsbook reviews. Always remember to have fun while at it.
Discover our top online betting bonuses
Up To $1500 Paid Back in Bonus Bets if Your Bet Doesn't Win
New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days
New DraftKings Customers: Spend $5+ Get $200 in Bonuses Instantly!
10 x $100 bet match in FanCash
FAQs on Colorado sportsbooks
️ Are sportsbooks legal in Colorado?
Yes. Colorado legalized sports wagering in 2019 (Amendment DD) and launched statewide mobile betting in 2020. The Colorado Division of Gaming regulates the market. Only licensed operators are permitted to take bets here.
️ What betting sites are legal in Colorado?
Only sportsbooks licensed by Colorado are legal. These include major brands like DraftKings, BetMGM, Caesars, and Fanatics, each tied to a local casino. All licensed apps operate in accordance with state law. If a site isn't on the official Colorado license list, it's NOT legal in Colorado.
Which is the best sportsbook in Colorado?
There isn't one best site for everyone. It depends on what you want. For example, DraftKings and BetMGM have sleek apps and rewards, Caesars connects to casino perks, and Fanatics offers a fresh modern experience. We have reviewed the top picks above; please select the one that best fits your needs.
How old do I have to be to bet on sports in Colorado?
Colorado requires bettors to be at least 21 years old. Every sportsbook will verify your age and location. If you're under 21, you can't legally wager on sports in Colorado.
How do I place a sports bet in Colorado?
Start by choosing a licensed sportsbook and creating an account. You'll verify your age and location, then deposit money. Next, browse the betting options, select a sport and game, enter your prediction on the bet slip, and confirm. Your bet is then active until the outcome is settled.