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Colorado Sports Betting

Colorado Sportsbooks Promos 2022

Colorado

Action Network check mark Updated May 24, 2022

As of May 2020, mobile sports betting is legal in the Centennial State. Colorado was the 19th state to legalize sports betting, but it might have the best situation of any new legal state for bettors. Colorado has full online sports betting on sites and apps, plus a low barrier to entry for operators, which is creating healthy operator competition that will benefit consumers. Here's what you need to know about Colorado sports betting from top sportsbooks and promotions to current betting markets and educational resources.

The Latest News in Colorado:

  • The Avalanche took a 3-1 series lead in their NHL playoff series against the St. Louis Blues after winning 6-3 in Game 4. (5/24)
  • The Rockies have lost three of their last four games and are 19-22 overall. (5/24)
  • The Broncos opened their offseason program with OTAs this week. Newly acquired QB Russell Wilson has spoken highly about his new team in the early stages of his tenure. (5/24)

What to Keep an Eye on:

  • After only scoring one goal in Game 2, the Avs have tallied 5 goals and 6 goals respectively in their last two games. (5/24)
  • The Rockies' offense has been stymied in their recent losses. They scored 11 wins in an 11-3 win against the Mets on Saturday night, but they only tallied one run in the other two games against New York. They also only scored one run in a 2-1 defeat to the Pirates. (5/24)
  • The Minnesota Timberwolves hired executive Tim Connelly away from the Denver Nuggets to be their new President of Basketball Operations this week. (5/24)

Colorado Sports Betting Key Takeaways

⚖️ Is online sports betting legal in Colorado? Yes, as of May 2020

💸 What are the eligibility requirements for mobile betting?

You must be 21 years of age and physically in Colorado (verifiable by your mobile device's geolocation tech, or a downloadable desktop plugin) to place bets once the state goes live.

📒 What online sportsbooks are available in Colorado? BetMGM, PointsBet, Caesars, WynnBET, Betfred, SI Sportsbook, Betway, theScore Bet, FanDuel, BetRivers and DraftKings
🏈 What sports can you bet on in Colorado? No sports are off-limits (relative to other legal U.S. markets). The only bet type that’s not allowed is college player props.

Colorado Sportsbooks

Right Arrow

Colorado Sportsbook Promos

Here are the top online sportsbooks live in Colorado right now, along with their bonus offers:

BetMGM logo

BetMGM Colorado

"The King of Sportsbooks" joined the Centennial State's market on May 1, 2020, when online sports betting officially became live in the state. Launching on CO's online sports betting debut has given BetMGM an advantage over other sportsbooks that entered the market later. 

BetMGM Bonus

Up to $1,000 in risk-free bets

BetMGM Bonus Code

ACTION

Action Network Score

9.8/10. See our BetMGM review for more in-depth information about BetMGM and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstarstar
BetMGM vs Other Sportsbooks starstarstarstarstar

PointsBet logo

PointsBet Colorado

“Points Betting” is a unique way of betting that only PointsBet offers. This high-risk/high-reward style is always there if you’re feeling extra confident about a certain bet. Perhaps the most enticing feature, though, is the ability to sync bets to the Action app via BetSync. BetSync is a way bettors can track all of their wagers without having to manually enter them into the Action app.

PointsBet Promo

Up to $2,200 in risk-free bet credits

PointsBet Promo Code

ACTION2K1

Action Network Score

9.7/10. See our PointsBet review for more in-depth information about PointsBet and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
PointsBet vs Other Sportsbooks starstarstarstarstar

Caesars logo

Caesars Sportsbook Colorado 

Caesars Sportsbook (formerly known as William Hill) is one that effectively integrates a top-tier platform with regular player promotions to help users pad their account. Caesars has partnered with sports and entertainment icons alike to get the word out on its competitive odds across a variety of sports markets. 

Caesars Sportsbook Promo

Up to $1,100 in first bet insurance

Caesars Sportsbook Promo Code

ACTIONCZR

Action Network Score

9.5/10. See our Caesars review for more in-depth information about Caesars and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
Caesars vs Other Sportsbooks starstarstarstar

FanDuel logo

FanDuel Colorado

FanDuel will basically free-roll your first bet, up to $500. If your first bet is $10 and it loses, you'll get $10 in bet credits. If it's $100 and it loses, you'll get $100 in bet credits. 

FanDuel Promo 

Up to $1,000 in risk-free bets

FanDuel Promo Code

There is no promo code required to claim the FanDuel offer.

Action Network Score

9.5/10. See our FanDuel review for more in-depth information about FanDuel and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstarstar
FanDuel vs Other Sportsbooks starstarstarstarstar

theScore Bet logo

theScore Bet Colorado 

theScore Bet is a newer sports betting app based in Toronto and is known for its ease of use and accessibility for live betting.

theScore Bet Promo

Up to a $250 deposit match

theScore Bet Promo Code

There is no promo code required to sign up for theScore Bet.

Action Network Score

9/10. See our theScore Bet review for more in-depth information about BetRivers and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstar
theScore Bet vs Other Sportsbooks starstarstarstarstar

BetRivers logo

BetRivers Colorado

New users will receive their deposit match with a 1x rollover, meaning once you put those $250 in bonuses into play, the winnings will be transferred to your cash balance, which you can withdraw. 

BetRivers Promo

Up to a $250 deposit match

BetRivers Promo Code

ACTION

Action Network Score

8.6/10. See our BetRivers review for more in-depth information about BetRivers and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstar
Mobile App & Website starstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstar
BetRivers vs Other Sportsbooks starstarstarstar

Betfred logo

Betfred Colorado

Betfred is an international sportsbook that gained popularity in the UK before expanding into the U.S. Betfred has been around since 1967, meaning that it a reputable sportsbook that knows how to keep bettors happy. Colorado is one of two states where Betfred is available as a sportsbook option.

Betfred Promo

$500 risk-free bet

Betfred Promo Code

There is no promo code required to claim this Betfred bonus,

Action Network Score

9.1/10. See our Betfred review for more in-depth information about Betfred and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstarstar
Betfred vs Other Sportsbooks starstarstarstar

SI Sportsbook logo

Sports Illustrated Sportsbook Colorado 

CO is the first and only state that SI Sportsbook is available in, so residents and visitors can only use SI within state lines. SI Sportsbook is hoping to secure a market share in the Centennial State's growing betting market.

SI Sportsbook Promo 

$300 site credit when betting at least $20

SI Sportsbook Promo Code

There is no promo code required to claim the SI Sportsbook offer.

Action Network Score

8.9/10. See our SI Sportsbook review for a detailed breakdown on what it offers and how to sign up. 

Category Star Rating
Bonuses & Promotions starstarstar
Mobile App & Website starstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstar
SI vs Other Sportsbooks starstarstar

How to Place a Mobile Sports Bet in Colorado

It's easy to get started with sports betting in Colorado. Here's how:

Step 1: Choose a CO Sportsbook

Colorado has a few sportsbooks, and will eventually have more than a dozen, so you'll be able to shop for the best lines. But you have to start with one. Let's start with BetMGM, which gives you a $1,000 risk-free bet if you follow this link. If you want signup steps with a video walkthrough on placing your first bet in Colorado, please check out our write-up here.

Step 2: Sign Up & Deposit

Follow the prompts to set up your account with BetMGM. They may ask for your social security number or driver’s license to verify your identity and age. BetMGM will take you right to the deposit screen once you’ve put in your information. Select your payment method, then click deposit. The best method, in our opinion, is direct deposit via a bank account. You can use your login, and when you cash out, the money will go straight to your bank account (and not credited back to a card).

Step 3: Verify Your Location

If you're using a desktop computer, Colorado sportsbooks require you to download location-tracking software. The state uses GeoComply, which is an industry gold standard. If you're on your phone, just allow the app to track your location, and you won't need additional software.

Step 4: Place a Legal Bet in CO

BetMGM offers fair odds compared to its competitors in a lot of markets. Here's how to make a bet. Congrats! You’ve just placed your first legal sports bet online in Colorado!

  • Go to the sport
  • Click the line you want to bet
  • Click bet slip (or navigate if you're on a computer)
  • Enter your bet amount
  • Submit

CO Sports Betting Regulations

CO gives sports bettors freedom to wager with relatively few restrictions, but there are some key regulations in place to be aware of.

Legal Sports Betting in Colorado

Sports fans can wager on a full range of bet types, including:

  • Point Spreads. Spread betting is a bet on the margin of victory in a game, or the point "differential." (See: Our Guide to Point Spread Betting)
  • Moneylines. Moneyline betting is when you pick the winner of the game or event, either one team or another. (More detail here: Moneylines)
  • First Half & Second Half. Halves let a bettor treat the first half and the second half as separate matches. (Additional insights: Half Bets)
  • Totals. A total, also known as an over/under, is a bet on the number of points both teams will combine to score in a game. (See: Understanding Totals in Sports Betting)
  • Futures. Future bets are a bet on an event that will be decided in the future (e.g., end-of-season results). (More: Longer-term Betting: Futures)
  • Player Props. A "prop" bet, short for a proposition, is a wager that is not directly tied to the final score or outcome. (See: Everything to Know About Prop Bets

There are also no shortage of sports markets that bettors can take advantage of to make wagers, including:

  • Football: NFL & CFL 
  • Basketball: NBA, WNBA, European/international baseball league
  • Baseball: MLB 
  • Hockey: NHL, international hockey leagues
  • Soccer: MLS, English Premier League, UEFA Champions League
  • College sports: NCAA football and basketball, more NCAA sport types will come online
  • Golf: PGA Tour, LPGA Tour, PGA Tour Champions, PGA European
  • Auto Racing: IndyCar, NASCAR, Formula One

Additional market choices like boxing, tennis, rugby and more are also be offered at many of CO's sportsbooks.

What Can't I Bet On in CO?

CO sports bettors are prohibited from individual performance prop bets across all college sports. ❌ 

What does this mean? You cannot bet that #12 on the Buffaloes will score 20 points in a particular game. However, you can bet on if a particular CU player is favored to win the Naismith Trophy this season. So, there are no single-game player prop bets allowed to eliminate the possibility of gameplay conflicts of interest.

Where to Bet on Sports in CO

Online & Via Mobile Apps

For now, the most straightforward method to bet legally is online or via your mobile phone through one of the currently live sportsbooks: DraftKings, Caesars, BetMGM, FanDuel, SI Sportsbook, WynnBET, BetRivers, PointsBet, Betway, theScore Bet, and Betfred. You will need to be within state borders — the sportsbooks will verify your location before you can commit to any bets.

In-Person Betting at CO Casinos and Professional Sports Venues

Longer-term, Coloradans will have plenty of options from stadium sportsbooks to casinos in real life. The launch of these venues as sports betting destinations will be announced separately when they are ready to do so. Betfred Sportsbook at the Saratoga Casino and the SI Sportsbook at the Colorado Grande Casino have full sportsbook offerings open to the public already. For more information, we detail all existing, potential, and known in-progress physical betting destinations in the "Sportsbook Partnerships" section and within the "Locations" information at the end of the page. 

Professional Team Licenses

Eight in-state professional sports organizations have petitioned and been approved to open books under the law in PA and have grand plans for local bettors. Here are the current partnerships:

  1. Colorado Avalanche & PointsBet
  2. Colorado Rockies & WynnBET
  3. Colorado Rapids— No current partner
  4. Denver Broncos & Betfred
  5. Denver Nuggets & PointsBet

For more information on wagering on these professional teams, click here to jump to our "Teams to Bet" section. 

The CO Sports Betting Report Card

We took a look at Colorado's sports betting bill — mobile availability, sportsbook options, available markets and more. Here's how the state lines up vs. the rest of the U.S.

Colorado Grading Card

Colorado's sports betting market is something special for sports fans as well as experienced and novice bettors alike. Why? Colorado has the best — aka the least restrictive — sports betting bill of any newly legal state in the nation. Colorado's arrangement checks all the important boxes and is even better than well-known existing mature markets like in New Jersey (no betting on college teams from the state) or Nevada (in-person registration requirements).

It's easy for potential bettors to sign up online and there's a low barrier to entry, so plenty of sportsbooks are launching in Colorado. There are no overly restrictive constraints on bet types, like collegiate athletics.

With plenty of beloved pro teams and local activity to bet on, the state will be an attraction for bettors. Due to the ease of mobile betting, we wouldn't be surprised to have commuters travel over state borders to bet in Colorado with sports returning from their pandemic hiatuses.

Mobile Betting Options

You can bet on your phone, from anywhere in Colorado. That's as good as it gets in the U.S. right now. 

Whether you’re in a trendy Denver sports bar or hiking in Rocky Mountain National Park, if you’ve got cell service, you’re set. 

Deposit

Colorado got right what so many other states have gotten wrong — fully online registrations and deposits. That allows customers to sign up for a variety of sportsbooks with ease and allows players from out of state to drive across the border and place bets similar to New Jersey. 

For those in need of a geographic refresher, that means: sports fans from Nebraska, Kansas, Oklahoma and New Mexico may visit Colorado on any given game day. 

Colorado's casinos aren't concentrated in populous areas, either. So in-person registrations would have damaged market accessibility in a big way. 

Fair Pricing

Colorado did everything it could to create an environment that would offer fair pricing

Offerings

Colorado can't offer everything an offshore sportsbook can, but among legal states, there's no one better than Colorado. You can bet on e-sports, college teams in the state and so much more. 

Colorado's low barrier to entry for sportsbooks will allow some great products to enter the market in the near future, too, like Circa and Westgate.

Colorado's Timeline to Legalization

In November 2019, Coloradans voted to legalize sports betting within the Centennial State.

Below is a complete timeline of CO's legalization process.

Click for Previous Colorado Sports Betting Legalization Updates
Date Legalization Update
September 2021   SI Sportsbook launches two days before the start of the 2021-22 NFL season on Sept. 7, 2021. SI's launch was geared towards the NFL season, which is set to include various promos for new users looking to bet on their favorite football teams.
August 2021

  Barstool Sportsbook becomes live in CO on Aug. 9, 2021. 

May 2021

  Bally Bet becomes live in CO on May 24, 2021. 

April 2021

  Betway joins the CO market on April 5, 2021. This is an exciting launch for Betway, a European-based sportsbook that is starting to gain entry into various U.S. markets.

November 2020

  PointsBet officially launches on Nov. 18, 2020. The Australian-based operator launched in CO, bringing their exclusive "Pointsbetting" to the state. 

  WynnBet officially launches on Nov. 26, 2020. The Las Vegas brand joins PointsBet as the second sportsbook to launch in CO during Nov. 2020. 

September 2020

  theScore Bet officially launches on Sept. 2, 2020. The Toronto-based multimedia giant launched its sportsbook app right before the start of the 2020 NFL season.

MaximBet joins theScore by launching on Sept. 16, 2020. Known as an international magazine brand, Maxim decided to test the sportsbook market in CO and will be actively try to enter other markets moving forward.

July 2020

Caesars joins the growing CO market on July 24, 2020. The sportsbook giant that has entered most available U.S. markets becomes the sixth online book to launch in the Centennial State.

June 2020

  Betfred officially launches in June 2020. The UK-based operator agreed to launch as CO's first casino sportsbook at the Saratoga Casino Black Hawk. 

 

May 2020

  Online sports betting officially launches on May 2020. The launch included FanDuel, BetMGM, BetRivers, and DraftKings.

April 2020

  SuperBook USA launches in the Lodge Casino in Black Hawk, CO. As one of the smaller book operators in the CO market, SuperBook hopes to secure their foothold in 

November 2019

  Sports betting is legalized in Colorado after HB19-1327 was approved. After a highly anticipated wait, online sports betting has been legalized in the Centennial State. Residents then have to wait until the approved sportsbooks meet the requirements to officially launch.

Colorado Sports Betting Background

The Colorado bill's unique feature was an environmental angle: Proposition DD coupled sports betting legalization with a 10% sports gambling tax to support the state’s water conservation initiatives

Despite state leadership and environmental advocates' confidence in the bill, it passed at a tighter margin than anticipated at 51.41% to 48.59%. Still, a win is a win for bettors in Colorado. Sportsbooks officially started accepting bets in Colorado on May 1, 2020, with DraftKings, FanDuel, BetMGM and BetRivers leading the way — although the much-anticipated launch happened without major sports or casinos open and no major sports live due to the pandemic. 

Sports betting is also available at Colorado's physical casinos located west of Denver and Colorado Springs. In the meantime, the Division of Gaming licensing office has adapted processes to enable licensing services for prospective operators and vendors.

Colorado Sports Betting Tips

Basketball icon Sports Betting for Beginners 

If you’re new to sports betting in Colorado, you likely have questions: How much should you be betting? Where should you be betting on the Nuggets win totals? How do you find the best odds for a Broncos game? Every sport and bet type comes with different nuances. 

Our betting education hub can help you make savvier decisions come game time. 

Baseball icon Sports Betting Glossary 

Sports betting comes with its own language and terminology — favorites and underdogs, spreads and money lines, over/under and props, juice, and vig, and so much more. It can all be a bit overwhelming and intimidating for newer betting enthusiasts, so be sure to consult our sports betting glossary for detailed definitions of all the main terms. 

Don't worry: the online sportsbooks we recommend will also help define these terms within their product to make everything easier for you to understand, too. 

Football icon Sports Betting Mistakes to Avoid 

Whether you’re betting on the Rapids game totals or Rockies futures, sports betting isn't easy. It’s important to stay disciplined and not overextend yourself. There will always be ups and downs, but if you stay true to our betting mistakes to avoid, your sports betting experience will be a much more enjoyable one. 

Colorado’s Department of Revenue, Gaming Division, offers tools to help bettors manage behavior responsibly as well.

How do taxes work with sports betting winnings (or losses)?

Whether you play online on a mobile device or at a physical sportsbook in the Centennial State, all sports betting winnings (and other gambling, including fantasy football) above $600 a year are taxed and must be reported. That amount could come from one big bet or smaller bets that add up to $600. The other details:

Federal Taxes

The federal tax rate on gambling winnings is 10%, which is among the lowest in comparison to other states. Operators often withhold this for you when cashing out, and provide tax documentation. You are responsible for completing the IRS Form W2-G to report winnings. See the W2-G form and IRS details here.

State Taxes

The more detailed, specific-to-you part are state taxes, which are included in the chart below:

Tax Rate

Income if Single or Married

4.55% All qualifying citizens are taxed the same regardless of their filing status or income.

Deducting Losses

You can deduct sports betting losses, but only as an itemized deduction — foregoing the standard deduction that most people take. It may or may not be worth it to do so. Additionally, the losses you deduct can't be greater than the amount of gambling income you report.

Example: With $2,000 in winnings but $4,000 in losses, your deduction is limited to $2,000. You can’t write off the other $2,000 you lost. 

Gambling losses claimed up to the number of winnings are classified as "other itemized deductions" on your Schedule A Form 1040 come tax time with the IRS.

We recommend bettors keep receipts and detailed records on betting activity — one of the reasons online sportsbooks are great. They're kept by default and easy to access.

Colorado Highlights

PointsBet Sportsbook Officially Launches Online Betting in Colorado

PointsBet launched its Colorado sportsbook Wednesday, bringing statewide online sports betting to its adopted home state. The Australian-based sportsbook, which announced it would open its U.S. headquarters in Denver in 2019, has aggressively invested in the Colorado market, striking betting partnership deals with the NBA’s Denver Nuggets and NHL’s Colorado Avalanche. 

Coloradans Vote on Amendment 77 Regarding State Gaming Rules

Colorado voters will cast a vote on Amendment 77, aka the Allow Voters in Central City, Black Hawk and Cripple Creek to Expand Game Types and Single Bets Initiative. If it passes, the $100 state bet limit will be lifted and casinos will be able to add new games in addition to poker, blackjack, slot machines, craps, and roulette. 

Colorado Rockies Announce Sports Betting Partnership with DraftKings

The Colorado Rockies became the state's first professional sports team to enter into a sports betting partnership by agreeing to a deal with sportsbook operator DraftKings. DraftKings will get the rights to Rockies trademarks and logos along with branding rights in the stadium.

William Hill and Betfred Launch New Sportsbooks in Colorado

As the new NFL season kicked off, William Hill and Betfred USA Sports became the 13th and 14th sportsbooks operating in Colorado. William Hill is America's leading sportsbook operator, and Colorado is its fifth state of operation. This is only the second state of operation for Betfred.

University of Colorado Announces a Deal with PointsBet

The University of Colorado made waves by announcing a five-year agreement with the Australian sportsbook, PointsBet, which will be headquartered in Denver. This was a shocking departure for the NCAA, which has traditionally strayed far from sports betting.

Pro Teams to Bet on in CO

Colorado Sports Teams & Sportsbook Partnerships

Pro Sports Teams

Colorado has five professional sports teams, each with its own rabid fan base. You can bet via mobile and attend live pro games in person.

NFL Logo NFL Betting in Colorado 

Denver Broncos Logo Denver Broncos and Betfred

The Denver Broncos have been in a partnership with Betfred since Sept. 2021 and are offering a lounge outside of Empire Field at Mile High during home games. Amenities include exclusive fan contests, odds, boards, a bar & entertainment area, and brand exposure inside the stadium. Please note that bettors are only able to place wagers on their mobile phones at this location. 

Denver Broncos Odds

Recommended resource to help you bet smartly on football in Colorado:

NBA LogoNBA Betting in Colorado

Denver Nuggets Logo Denver Nuggets and PointsBet

Although they are originally based in Australia, PointsBet decided to plant their U.S. headquarters in the Mile High City in Aug. 2020 and ink a deal with the owner of multiple pro CO teams, Kroenke Sports & Entertainment. This multi-year deal offers amenities such as the PointsBet Sports Bar and Club locations, exclusive contests, and upgraded wifi in the PointsBet Club Level. Bettors are also able to view the Nuggets in action from their club level seating and see PointsBet branding throughout the Ball Arena.

Denver Nuggets Odds

A recommended resource to help you bet smartly on basketball in Colorado:

MLB Logo MLB Betting in Colorado

Colorado Rockies logoColorado Rockies and WynnBet

The Rockies and WynnBet announced a partnership in July 2021, offering fans and bettors amenities such as exclusive events and contests, and branding around Coors Field and digital platforms. Bettors can also take advantage of exciting odds boosts throughout the MLB season. 

Rockies Odds

Recommended resource to help you bet smartly on baseball in Colorado:

NHL Logo NHL Betting in Colorado

Colorado Avalanche logo Colorado Avalanche and PointsBet

PointsBet's deal with Kroenke Sports & Entertainment in 2020 also included the Avs. Fans and bettors alike have access to the PointsBet Club and Sports Bar that is located in the PointsBet Club Level and includes amenities such as exclusive events, a view of the Avs in action, lightning speed wifi, and branding around the Ball Arena and across digital media platforms.

 Avalanche Odds 

Recommended resource to help you bet smartly on hockey in Colorado:

MLS LogoMLS Betting in Colorado

Colorado Rapids logo Colorado Rapids - No Sportsbook Partner

The Colorado Rapids were one of the charter soccer clubs when MLS began to play in 1996. The Rapids appeared in the MLS Cup in 1997, then got back again in 2010 and won it. Colorado was also runners-up in the 1999 U.S. Open Cup. The Rapids play at DICK'S Sporting Goods Park in Commerce City, a Denver suburb. Robin Fraser coaches them.

Recommended resource to help you bet on soccer in Colorado:

College Sports Teams

College sports fans are excited for sports to fully return because there's plenty of action to be had. Here's more on the top college programs and rivalries in Colorado.

 NCAA football icon logo College Football Betting in Colorado

Colorado Buffaloes Football

The Buffaloes won the college national championship in 1990, going 11-1 with star running back Eric Bienemy and winning the infamous Fifth Down Game against Missouri and a controversial 10-9 win over Notre Dame in the Orange Bowl. That was Colorado football's crowning achievement, though the Buffs have 27 conference titles to their name.

Colorado played in the Big Eight nearly 50 years before being one of the founding members of the Big 12 Conference in 1996. The Buffaloes now play in the Pac-12 Conference, which they joined in 2011. Colorado has played its home games at Folsom Field in Boulder for almost a century. The Buffaloes are coached by Karl Dorrell.

Colorado Buffaloes Odds

Colorado State Rams Football

The Rams play in the Mountain West Conference. They've won 15 conference titles over the years. Colorado State recently opened its new Canvas Stadium on campus in Fort Collins in 2017 after playing at Sonny Lubick Field for almost five decades.

Colorado State Rams Odds

Air Force Falcons Football

The Falcons are one of the three major U.S. service academies with a football team at the FBS level. Air Force was one of the founding members of the Mountain West Conference. In addition to competing for their conference title, Air Force also competes with Army and Navy each fall for the prestigious Commander-in-Chief's Trophy.

Air Force leads the three service academies with 20 Commander-in-Chief's Trophies. The Falcons also have three conference titles. They play their home games at Falcon Stadium in Colorado Springs and have been coached by Troy Calhoun for over a decade.

Air Force Falcons Odds

Recommended resources to help you bet smartly on college football in Colorado:

NCAA Basketball Logo College Basketball Betting in Colorado

Colorado Buffaloes Men's Basketball

Like their football counterparts, the Buffaloes joined the Pac-12 for the 2011-2012 season, and they immediately won the conference tournament. Colorado's only conference tournament wins, though they have 19 regular-season conference titles all before 1970. Suffice to say. The Buffs are not exactly a national powerhouse, though they made the Final Four in 1942 and 1955 and claimed that the NBA champion Chauncey Billups as their most famous alum. Tad Boyle coaches the Buffaloes. Colorado has only one NCAA Tournament win this century.

Colorado Buffaloes Odds

Colorado State Rams Men's Basketball

The Rams play in the Mountain West Conference. Colorado State has won four regular-season conference championships, most recently in 1990 in the WAC. The Rams have appeared in 10 NCAA tournaments. They've won four times there, most recently in 2013, and made the Elite Eight in 1969. The Rams play their home games at the Moby Arena in Fort Collins and are coached by Niko Medved.

Colorado State Rams Odds

Air Force Falcons Men's Basketball

Air Force competes in the Mountain West Conference and has one regular-season conference championship in 2004. The Falcons have four NCAA tournament appearances, most recently in 2006, but have yet to win a March Madness game. The Falcons play their home games at the Clune Arena in Colorado Springs. Air Force is proud to call legendary NBA coach Gregg Popovich its most famous basketball alum.

Air Force Falcons Odds

Recommended resources to help you bet smartly on college basketball in Colorado:

Official NCAA Ice Hockey Logo College Hockey Betting in Colorado

Denver Pioneers Men's Hockey

Denver is a hockey town, and it's not just because of the Colorado Avalanche. The Pioneers are one of the best men's hockey programs in the nation. They are tied for the second-most all-time NCAA national championships with eight, one short of Michigan's record, with the most recent one coming in 2017. Denver plays in the National Collegiate Hockey Conference and has sent over 75 players to the NHL, and ever counting. The Pioneers play their home games at Magness Arena in Denver. David Carle coaches them.

Recommended resources to help you bet smartly on college hockey in Colorado:

Other Events

Most of Colorado's sports betting events center around their professional teams. Recently, there was even a major move of a partnership between sportsbooks and leagues in Colorado. The Denver Broncos have taken strategic steps to partner with BetMGM. 

Their home stadium will have exclusive BetMGM Lounge and VIP travel packages, making Broncos games a premier sports bettor destination. 

Colorado is also a NASCAR destination, hosting short track races at Colorado National Speedway in Dacono, Colorado, north of Denver.

More Reading on Colorado

For more on Colorado’s Laws and Regulations for Gaming, see here, or check out the Limited Gaming Act. If you want to dive into the deep legal details: here is Colorado House Bill 1327, which was a precursor to Proposition DD, that narrowly passed to the surprise of many locals.

For more on the regulation of the legalized sports betting in Colorado, you can browse the state websites for the Colorado Limited Gaming Control Commission and the Colorado Division of Gaming

The CDC Gaming Reports publishes regular gaming news and analysis, which has a wealth of content on the history of Colorado sports, both aggregated and produced.

For local Colorado sports coverage to supplement The Action Network, you can also check out columns in The Denver Post, The Gazette and The Chieftan.

Discover top Denver sports bars to watch your action unfold. If you want to catch a game at a local sports bar while following the action on your phone, Thrillist has the article for you. Check out The Most Fun Sports Bars in (and Around) Denver.

Tap into the Colorado sports fan community with DNVR Membership. To connect with other passionate Colorado sports fans, you can join the DNVR family. DNVR has exclusive subscription local journalism, game analytics and even locker room audio — all rich content for a sports bettor. They even throw watch parties. Want in? Learn more about DNVR.

Colorado Betting Destinations

Saratoga Casino

Retail Sports Operator: Betfred. With over 1,200 slot machines, electronic table games, and keno and video poker, Saratoga Casino has a lot to offer. It also has six restaurants and bars, live entertainment, and live racing.

Monarch Casino Blackhawk

Retail Sports Operator: Monarch Casino Blackhawk. Monarch Casino Blackhawk houses a sportsbook that uses its own BetMonarch app. In addition to betting on athletics, the resort will soon get some athletic features of its own; a fitness center, pool, and spa are on the way.

Golden Mardi Gras Casino

Retail Sports Operator: DraftKings. The DraftKing Sportsbook at Mardi Gras Casino Black Hawk opened July 10, just over two months after legal sports betting launched in the Centennial State. The Casino also has slots, table games, and poker, as well as seven different bars and restaurants.

BetWildwood (ISI)

Master: Wildwood Casino. Called Woody's Sportsbook and located in Cripple Creek, the Wildwood sports betting scene is a solid one for those in the area. The sportsbook features a TV wall, betting kiosks, a full bar, and food. The book launched in July, and launch promotions are available via registration. Online betting is available.

Ameristar Casino Black Hawk

(Launched 07/21/20) Retail Sports Operator: Ameristar Casino Black Hawk. The sportsbook at Ameristar Casino Black Hawk features five sports betting terminals and 20 sports betting kiosks, which are located in Bar 8042. The sportsbook is temporarily located on the second level of the casino while a permanent area int he main rotunda is built.

Johnny Nolon’s

(Launched 08/1/20) Retail Sports Operator: ISI. Known for its loose slot machines, Johnny Nolon's is located in Cripple Creek, similar to Wildwood Casino. The casino also has drawings, and there is a dining room where food can be ordered.

Colorado Grande

(Launched 08/3/20) Retail Sports Operator: ISI. In addition to gaming and sports betting opportunities, rooms at Colorado Grande are considered complimentary for qualified casino guests. The casino also includes dining options such as Jack's Cafe, Maggie's Restaurant, and Maggie's Club.

Colorado stadium

Steve Petrella is a senior editor for The Action Network covering college football, among other things. He’s a Penn State grad now based in Atlanta who enjoys great punting, clock-killing drives and turnovers in the red zone.

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Colorado Sports Betting FAQ
Commonly asked questions about sports betting in The Centennial State.
Who regulates legal sports betting in Colorado?
The Colorado Limited Gaming Control and the Colorado Division of Gaming will regulate and oversee legal sports betting within the state.
How old do I have to be to bet on sports in Colorado?
In order to place a legal sports wager in Colorado you must be 21 years of age.
What Colorado sports betting rules should I know?
Bettors in Colorado can bet on all professional and college sports; however, they cannot bet on high school sports. Not all prop bets will be allowed, nor will certain e-sports. The Colorado regulators — Colorado Limited Gaming Control and the Colorado Division of Gaming — will have authority on what bets and props are allowed in the state. Operators will be allowed to apply with regulators to add certain bet types.
When will sports betting be legal in Colorado?

Colorado sports betting was approved in November 2019, and operators were allowed to start taking legal bets on May 1, 2020.

Is it legal to bet on college sports in Colorado?
Yes, Colorado regulators have approved operators to offer bets on professional and college sports. One stipulation: The state does not currently allow bettors to wager on prop bets in college games; you’re only permitted to bet on the game’s outcome. Betting on high school sports will not be allowed.
Can I place a bet online in Colorado?
Yes, Colorado has fully approved online and mobile betting, which will launch May 2020. Bettors will be able to deposit funds into sports betting websites and apps and place bets if they’re within state limits.
Do I need to be a Colorado resident to be able to bet on sports online?
No, you do not need to be a Colorado resident to be permitted to bet on sports in the state. You simply need to be within the state’s borders. Each sportsbook’s mobile app will detect your location, and as long as you’re in Colorado, you’ll be allowed to open an account and place bets.
Can I bet on my phone in Colorado?
Yes, several operators, including DraftKings, FanDuel, PointsBet, BetMGM and BetRivers have mobile apps that bettors will be able to use to wager. If previous states are any indication, the vast majority of bets in Colorado will be placed online, given the ease of signing up for and betting from an account remotely.
Where can you gamble in Colorado?
Bettors in Colorado will be able to bet anywhere within state limits if they use operators with online and mobile app functionality. Physical casinos in Black Hawk, Central City and Cripple Creek will also likely open sportsbooks where bettors can wager in person if you’d prefer to do so.
Is Bovada legal in Colorado?
Offshore books like Bovada are not legal in Colorado. Operators that have been approved to offer bets in the state include DraftKings, FanDuel, PointsBet, BetMGM, BetRivers, Circa, SuperBook, Wynn, BetAmerica, Smarkets, Betfred and theScore Bet, along with physical casinos with sportsbooks.
How do payouts work?
You can request a payout no matter where you are, and most sportsbooks will wire the money directly to your bank account. If you come into Colorado from out of state and win money, you can cash out even if you’re back home.
What sports can I bet on?
Colorado will have arguably the best betting menu of any state in the U.S., with all the normal sports available, plus eSports. The only big market we know won’t be available is player props for college sports.
Can I deposit with a credit card?

Yes. Credit cards will be the most popular option, with the following also available:

  • Prepaid card
  • Direct deposit from bank account
  • Digital wallet (PayPal, Skrill, etc.)
  • Cash or check
Do I have to pay taxes on sports betting winnings?
Colorado sportsbook operators will pay a 10% tax that will be effectively invisible to the consumer. But your sports betting winnings are taxable. An operator will send you a W-2G form if you win more than $600 with that sportsbook. You can write off gambling losses as a tax deduction, but only if you also report money won as taxable income. You also need to itemize your deductions — you can’t claim any gambling losses with a standard deduction. The amount of gambling losses you can deduct can’t exceed the winnings you report as income. With $2,000 in winnings but $4,000 in losses, your deduction is limited to $2,000. You can’t write off the other $2,000 you lost.

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