Colorado Sports Betting: Best Colorado Sportsbooks March 2026

Yes, sports betting is legal in Colorado. Voters approved Proposition DD in a November 2019 referendum by a narrow margin (less than 1%), legalizing both retail and online sports betting throughout the state. The legislation allows up to 33 sportsbook licenses—one for each casino licensee in Colorado—making it one of the most open sports betting markets in the United States.

Colorado permits betting on professional sports, college athletics (with some restrictions on player props), international events, and even eSports. The state uses geolocation technology to verify bettors are within state borders, but you don't need to be a Colorado resident to place legal wagers.

When Did Colorado Sports Betting Launch?

Colorado sports betting launched on May 1, 2020 – exactly six months after voters approved Proposition DD. The state moved quickly to implement regulations through the Colorado Limited Gaming Control Commission, and CO sportsbooks were ready to accept wagers on day one.

Retail sportsbooks followed shortly after, with Betfred at Saratoga Casino becoming the first to open in June 2020, followed by DraftKings at Mardi Gras Casino in July 2020.

Who Can Bet on Sports in Colorado?

Anyone who meets these requirements can legally bet on sports in Colorado:

• Age: Must be 21 years or older
• Location: Must be physically located within Colorado state borders (verified via geolocation)
• Residency: Not required—visitors and tourists can bet while in Colorado

All CO sportsbooks use geolocation technology to verify your exact location, and you'll need to provide personal details (name, date of birth, Social Security number, address) for age verification and account creation.

How to Bet on Sports in Colorado

Getting started with Colorado sports betting is straightforward:

1. Choose a licensed sportsbook from the list of legal operators
2. Download the mobile app or visit the desktop site
3. Create an account by providing required personal information
4. Enter any promo code associated with your chosen welcome bonus
5. Make a deposit using available banking methods (credit/debit cards, PayPal, bank transfer, etc.)
6. Place your first bet and enjoy legal sports wagering

Remote registration is available throughout Colorado, meaning you can sign up from anywhere in the state without visiting a retail location.

Where Can I Bet on Colorado Sportsbooks?

Colorado offers both online and retail sports betting options. 

Online/Mobile: You can place bets from anywhere within Colorado's borders using licensed sports betting apps. Popular options include DraftKings, FanDuel, BetMGM, Caesars, bet365, and Fanatics Sportsbook.

Retail Locations: Ten retail sportsbooks operate in Colorado, primarily located in the gaming towns of Black Hawk, Central City, and Cripple Creek. Notable locations include Monarch Casino Resort Spa, Ameristar Casino Black Hawk, and Horseshoe Black Hawk Casino.

How Many Sportsbooks Are There in Colorado?

Colorado currently has 23 sportsbooks, split between 13 online sportsbooks and 10 retail sportsbook locations. The state allows up to 33 sports betting licenses, meaning additional operators could enter the market in the future.

📆 February 19, 2026: Nearly $3.8 million in grants are approved to directly fund problem gambling prevention, awareness, treatment, and other responsible gaming issues by the CLGCC.

📆 February 18, 2026: Bettors across the state wagered $40.7 million on this year's Super Bowl on all Colorado sportsbooks.

📆 February 2, 2026: Colorado announces a new partnership expanding access to gambling addiction treatment services statewide.

📆 January 16, 2026: Rule 29 passed by the CLGCC, increasing transparency requirements for promotions and mandating responsible gambling messaging in Colorado sports betting ads.

📆 January 8, 2026: December's revenue report released showing $694.6 million in handle generating $4.4 million in state tax revenue.

📆 December 31, 2025: Colorado sports betting hits record highs in 2025 for both tax revenue and total wagering handle.

📆 December 1, 2025: theScore Bet officially replaces ESPN BET in Colorado following PENN Entertainment's brand transition.

📆 October 15, 2025: Colorado posts highest single-month sports betting tax revenue in state history at approximately $4.8 million.

📆 July 21, 2025: Hard Rock Bet launches in Colorado, becoming the ninth state for the operator.

📆 May 6, 2025: Colorado Senate passes HB 1311, sunsetting promotional bet deductions for sports betting operators.

Our experts have reviewed all Colorado sports betting sites and apps. Here are some of the top sportsbooks in CO:

bet365 Colorado Sportsbook

bet365, the biggest sportsbook globally, partnered with Century Casinos in 2020 and launched its bet365 CO sportsbook in September 2022. The brand has quickly become a staple in the CO sports betting market, offering new users their choice of two welcome promotions and industry-leading live streaming capabilities. bet365 recently expanded its Colorado presence through partnerships with the Denver Nuggets and Colorado Avalanche.

And make sure to claim the Bet $10, Get $365 in Bonus Bets welcome offer with the bet365 CO bonus code!

BetMGM Colorado Sportsbook

BetMGM—known as the "King of Sportsbooks"—offers one of the best overall experiences among CO sportsbooks. With BetMGM Colorado, you can find an intuitive bet slip that makes creating parlays simple, along with an "edit my bet" feature allowing modifications even after placing wagers. BetMGM's personalized home screen and extensive market depth make it ideal for both new and experienced bettors. 

Make sure to not forget about the BetMGM Colorado bonus code that allows new users to claim the $1,500 Paid Back in Bonus Bets If You Don't Win + $50 in BetMGM Rewards Points sign up bonus. 

Fanatics Sportsbook Colorado

Fanatics Sportsbook Colorado is the best online sports betting operator where you can earn rewards toward merchandise! Unlike other sportsbooks, Fanatics offers a unique FanCash rewards program that lets sports fans earn toward their favorite team's gear simply by placing bets—win or lose. 

So if you're looking for a new Broncos jersey, check out Fanatics! And while you're there, make sure to claim the Fanatics Sportsbook promo code, which allows new users to Bet $5 Get $200 FanCash Immediately.

Caesars Sportsbook Colorado

One of the biggest names in the gaming industry, Caesars Sportsbook CO stands out for its unmatched rewards program. You can redeem Caesars Rewards loyalty points at Caesars' brick-and-mortar casinos like Horseshoe Black Hawk and Lady Luck Casino Black Hawk OR while betting on Caesars Sportsbook! 

Additionally, you can claim a Bet Match Up to $250 with the Caesars Sportsbook CO promo code.

FanDuel Colorado Sportsbook

FanDuel consistently earns the highest ratings among Colorado sportsbooks for its intuitive user experience and elite same-game parlay tools with instant payout previews. FanDuel Colorado was among the first to launch in the state and has established itself as a go-to option for both casual and serious bettors. 

The FanDuel Colorado promo code is one you can't miss, giving new users the $300 in Bonus Bets Back Every Day for 10 Days sign up bonus. 

DraftKings Colorado Sportsbook

DraftKings is the market leader in sports betting handle across the U.S., and its DraftKings Colorado sportsbook is no exception. Originally a daily fantasy sports platform, DraftKings has evolved into one of the most polished sportsbooks available, offering an extensive range of betting markets, fast live odds updates, and lightning-quick withdrawals. 

To boot, the DraftKings CO promo code offers a fantastic welcome bonus of Bet $5, Get $200 in Bonus Bets Instantly + 100% NCAA Tournament Winner Boost.

Sporttrade Colorado Sportsbook

Sporttrade CO takes a unique approach to sports betting by allowing users to buy and sell sports betting contracts similar to trading stocks. With competitive pricing and an easy-to-use app, Sporttrade offers a different experience from traditional sportsbooks.

Additionally, you can earn cash back while signing up with the Sporttrade Colorado promo code, with new users being able to Get Up To $100 Cash Back.

There are a total of 23 sportsbooks in Colorado, comprised of 13 online online sportsbooks and 10 retail sportsbooks, all fully licensed and regulated by the Colorado Division of Gaming. Each CO sportsbook must partner with a licensed Colorado casino to obtain market access.

Online Colorado Sportsbooks

There are 13 Colorado online sportsbooks:

Retail Colorado Sportsbooks

There are 10 retail sportsbooks in Colorado, located primarily in Black Hawk:

New Sportsbooks in Colorado

The newest sportsbook in Colorado is theScore Bet. While technically a rebrand rather than a new sportsbook, theScore Bet replaced ESPN BET in December 2025 after the failed partnership between PENN Entertainment and ESPN. 

Prior to theScore Bet, Hard Rock Bet launched in the CO sports betting market on July 21, 2025

Illegal Sportsbooks in Colorado

While Colorado offers plenty of legal sports betting options, some unregulated offshore sportsbooks continue to target bettors. We strongly recommend avoiding these operators as they lack the consumer protections, security measures, and the trustworthiness of licensed Colorado sportsbooks.

Illegal sportsbooks to avoid include:

• BetOnline
• BetUS
• MyBookie
• Bovada

Using unlicensed sportsbooks puts your funds at risk and offers no recourse if disputes arise.

Colorado's sports betting license was established through HB 19-1327, signed into law in May 2019. The bill required voter approval, which came via Proposition DD in November 2019. Key provisions include:

• Up to 33 sportsbook licenses available (one per casino licensee)
• 10% tax rate on gross gaming revenue
• Mobile and retail betting permitted statewide
• Remote registration allowed
• College sports betting permitted (with player prop restrictions)
• eSports betting allowed

Colorado Sports Betting Licenses

Colorado allows up to 33 sports betting licenses, corresponding to each of the state's licensed casinos. As of March 2026, 19 operators have secured licenses for retail and mobile sports betting.

What Is the Legal Age to Bet in Colorado?

You must be 21 years or older to legally place a sports wager in Colorado, whether online or at a retail sportsbook. 

Do I Need to Be a Resident to Bet on Sports in Colorado?

No. Colorado does not require state residency to bet on sports. You only need to be at least 21 years of age or olde and physically located within Colorado state borders. 

Visitors, tourists, and anyone passing through can legally place wagers while in Colorado.

✅ Pros:

• Large selection of online sportsbooks (most in the nation)
• Competitive market keeps promotions attractive
• Remote registration available statewide
• College sports betting permitted
• Low 10% tax rate benefits operators
• No betting caps on individual wagers
• eSports betting available

❌ Cons:

• No player props on college sports
• Retail locations limited to three gaming towns
• Online casinos remain illegal

Sports betting in Colorado is overseen by two regulatory bodies:

• Colorado Limited Gaming Control Commission (CLGCC): A five-member regulatory body appointed by the Governor. The CLGCC serves as the final authority on gaming matters, including rule adoption, license approval, and tax rate adjustments.
• Colorado Division of Gaming: Operating under the Department of Revenue, the Division handles day-to-day regulation including licensing, compliance monitoring, auditing, consumer protection, technical standards, and problem gambling support.

How to Contact the Colorado Gaming Commission

Colorado sports betting operators pay a 10% tax rate on gross gaming revenue. This is among the lower rates nationally, which has helped attract many operators to the market.

For bettors, all gambling winnings must be declared as income in Colorado. Winnings are subject to a flat 4.4% state tax rate and a 24% federal tax rate.

Read Reviews

Always research sportsbooks before signing up. Check user ratings on app stores, read expert reviews, and verify licensing status with the Colorado Division of Gaming.

Types of Bets Allowed

Colorado sportsbooks offer comprehensive betting options including moneylines, point spreads, totals (over/unders), parlays, teasers, futures, live betting, and prop bets (professional sports only for player props on college games).

Odds Pricing

Compare odds across multiple sportsbooks to find the best value. Even small differences in odds can significantly impact long-term profitability.

Welcome Bonus

Evaluate sign-up offers based on total value, wagering requirements, and terms. Consider first bet insurance, deposit matches, and bet-and-get offers.

User Experience

Test the mobile app and website for ease of navigation, bet placement speed, and overall design. Colorado's top sportsbooks all offer excellent mobile experiences.

Deposit + Withdrawals

Look for sportsbooks offering your preferred banking methods. Most Colorado operators accept credit/debit cards, PayPal, online banking, and prepaid cards. Withdrawal speeds typically range from 24 hours to 5 business days.

Customer Service

Verify support options including live chat, email, and phone availability. The best CO sportsbooks offer 24/7 support.

Take Advantage of Welcome Promotions

Each sportsbook offers unique sign-up bonuses. By creating accounts at multiple operators, you can claim thousands of dollars in combined Colorado sportsbook promos. 

Get the Best Odds

Odds vary between sportsbooks. Having accounts at several operators allows you to shop for the best lines on every bet, maximizing potential returns. This is especially important for arbitrage betting, where you'll go across several CO betting apps to get guaranteed sports wagering wins. 

Access to Different Features

Each sportsbook excels in different areas. DraftKings might have the best app, while bet365 offers superior live streaming. Multiple accounts give you the best of everything.

NFL

The NFL is among the most popular betting markets in Colorado. Broncos games draw significant action, with futures, game lines, player props, and team props all available.

NBA

With the defending champion Nuggets in Denver, NBA betting is extremely popular. Season-long betting action includes championship futures, game spreads, and extensive prop markets.

MLB

Baseball betting in Colorado centers on the Rockies, though all MLB games are available. Moneylines, run lines, and totals are popular bet types.

NHL

The Colorado Avalanche have won three Stanley Cups, making NHL betting a favorite among local fans. Full game and period betting options are available.

College Sports

Colorado allows betting on college football and basketball, including in-state teams like Colorado, Colorado State, and Air Force. However, individual player props are prohibited on all college sports.

Soccer

MLS (Colorado Rapids), international leagues, and tournaments like the World Cup all offer extensive betting markets.

Golf

PGA Tour events, major championships, and futures markets provide year-round golf betting opportunities.

eSports

Colorado is among the few states where eSports betting is specifically permitted, offering markets on popular games and tournaments.

Politics

Political betting is not available at Colorado sportsbooks, as betting on elections remains illegal in the United States.

Colorado Sports Teams to Bet On

• Denver Broncos (NFL). Three-time Super Bowl champions with a passionate fan base. The Broncos have returned to playoff contention under QB Bo Nix and coach Sean Payton.
• Denver Nuggets (NBA). The 2023 NBA champions, led by MVP Nikola Jokic, are perennial championship contenders and a popular betting focus.
• Colorado Avalanche (NHL). Winners of three Stanley Cups (1996, 2001, 2022), the Avalanche are consistently among the NHL's elite teams.
• Colorado Rockies (MLB). While still seeking their first World Series title, the Rockies offer betting opportunities throughout the MLB season.
• Colorado Rapids (MLS). The 2010 MLS Cup champions provide soccer betting options for local fans.
• College Teams. Colorado Buffaloes, Colorado State Rams, and Air Force Falcons offer additional betting opportunities (no player props).

Colorado Sportsbooks Partnered With Local Teams

Several sportsbooks have secured partnerships with Colorado's professional teams:

• bet365: Official sports betting partner of the Colorado Rockies, Denver Nuggets, and Colorado Avalanche
• FanDuel: Partnership with Denver Broncos
• BetMGM: Partnership with Denver Broncos

• Moneylines
• Point Spreads
• Totals (Over/Unders)
• Parlays
• Props
• Teasers
• Futures
• Live Betting

• 📆 May 1, 2020: Colorado sports betting launches
• 📆 November 5, 2019: Proposition DD approved by voters (less than 1% margin)
• 📆 May 29, 2019: Governor Polis signs HB 19-1327, pending voter approval
• 📆 April 18, 2019: House Majority Leader Alec Garnett introduces HB 19-1327
• 📆 May 14, 2018: PASPA, the federal ban on sports betting, is repealed, allowing for states including Colorado to legalize sports betting
• 📆 2008: Colorado passes Initiative 50 allowing 24/7 casino gaming in Central City, Cripple Creek, and Black Hawk

Sports betting should be entertainment, not a financial strategy. Colorado offers resources for those who need help:

Colorado Problem Gambling Coalition

• Website: problemgamblingcolorado.org
• Phone: 1-800-522-4700

National Council on Problem Gambling

• Website: ncpgambling.org
• Phone: 1-800-522-4700
• Text: 1-800-522-4700

Gamblers Anonymous Colorado

• Website: coloradoga.org

All licensed Colorado sportsbooks offer responsible gambling tools including deposit limits, time-outs, self-exclusion, and reality checks.