Colorado Betting Sites – Best Sportsbooks to Play Legally in 2024
Online sports betting is now legal in CO and our Colorado betting sites guide helps you get involved in the action. We look at the best websites and apps where you can wager online. We’re confident our site has everything to get started with online betting in the Centennial State.
| Best Betting Sites in The United States | Bonus Offers | Highlights | Rating | Secure Link | T&Cs |
|---|---|---|---|---|---|
We hope you’ll find our site to be useful for gathering information about online sports betting in Colorado. In our guide, you’ll discover the best sites to bet on, the legal situation, and details about taxes, payments, and security. Our table shows the strengths of our best Colorado betting sites.
| 🏆 Best Betting Site in CO | BetMGM |
| 🔍Top New Site in CO | BetRivers |
| 🎁 Best for Bonuses | Caesars Sportsbook |
| 📱 Top Betting App | BetMGM |
| 📺 Best for Live Betting | BetRivers |
| 📈 Highest Payout Betting Site | BetRivers |
| 💳 Best Payment Options | BetMGM |
| 🛡️ Safest Sportsbook | Betway |
| 🏈 Best NFL Betting Website | BetMGM |
| ✨ Top for Extra Features | Caesars Sportsbook |
Each of our recommended Colorado betting sites has its own standout qualities. Some bettors search for the largest sign-up bonus, while others prioritize safety and security. The site you choose depends on your gambling style. We think you’ll find a Colorado sportsbook that fits your needs.
CO Online Betting Sites List: All Legal CO Online Sportsbooks
All sites and apps on our Colorado online sportsbook list are fully regulated and licensed – meaning they are trustworthy places for your money. Here are our recommendations for the best betting sites Colorado has to offer.
- BetMGM LLC – (BetMGM) – Midnight Rose Casino
- Rush Street Interactive CO LLC – (BetRivers) – JP McGill’s Casino
- William Hill PLC – (Caesars) – Isle Casino Hotel Black Hawk
- Betway Group – (Betway) – Famous Bonanza Casino
These betting sites are our selections for the title of best online sportsbook in Colorado. All these sites are licensed by the Colorado Division of Gaming and partnered with a land-based casino – making them legal places to bet. We also have a sports betting sites list for other States.
How to Start Betting Online in Colorado
Colorado bettors can follow some simple steps to get started. You’ll need a form of ID verification and have your funds ready in an accepted payment method. Follow our three-step guide to place your first bet.
There are a range of Colorado betting sites available. Make your selection from our links and visit the website of the sportsbook or download their app.
Go through the registration process at your chosen sportsbook. You’ll need proof of identity and your Social Security number. Choose the bonus you’d like to claim but make sure to check terms and conditions first.
Now it is time to make a deposit so you can bet. Debit card, PayPal, and wire transfer are some of the payment methods you can use.
As you can see, it is a straightforward process to sign up for an online sportsbook. Colorado gamblers have a number of deposit options available to fund their accounts. It should be fast and convenient to begin betting online in the Centennial State.
Rating the Best Betting Sites Colorado Gamblers Can Bet At
There are a lot of factors to consider when choosing a sportsbook. Having a safe place to gamble should be the top priority for Colorado bettors. We considered all the criteria in the table below when selecting the best online sportsbook Colorado has to offer.
Bonus and promotions, the biggest payouts, and competitive odds are key factors in choosing the best online Colorado betting site. This must be balanced against safety, security and usability for Colorado bettors. The top sites give a great all-around user experience – by combining each of these elements.
Colorado Online Sportsbetting: Legal Aspects
State regulators legalized Colorado online betting sites on May 1, 2020. Coloradans now have no need to use unreputable and unlicensed offshore sportsbooks. By using a legal Colorado sports betting app or website, you know your money is secure.
When evaluating each Colorado online sportsbook, we focused on some important points. Our number one priority is safety and security for Colorado bettors. All our recommended Colorado betting sites use the highest level of encryption and are fully licensed and regulated.
It might be tempting, but it isn’t worth the risk to use an illegal sportsbook. Stick to licensed and trustworthy Colorado sportsbooks. By doing that, you know you are gambling within the law and in a secure environment.
Law and Licenses
Online gamblers should always use legal betting sites in Colorado. Betting at offshore sportsbooks is breaking state law. It is also a very risky proposition, as you have no way of knowing if your funds are safe and if you will get paid out on your winning bets.
The Colorado Division of Gaming licenses all online sportsbooks and gambling venues in the state. The board thoroughly examines and tests all Colorado betting sites before they can receive a license to operate.
Online sportsbooks in Colorado must partner with one of the state’s 33 casinos to receive an operating license. All betting sites must pass a number of regulatory checks to meet the licensing requirements of the Colorado Division of Gaming.
Online sports betting in Colorado isn’t exclusive to state residents. If you have a valid Social Security Number and are located within state lines, you can sign up and bet. Likewise, Coloradans can also gamble online in other states, such as Nevada.
Online Gambling Taxes in Colorado
Winnings from successful sports wagers in Colorado are subject to federal and state income taxes. For a big win, you may have a W-2G form sent to you automatically. Colorado has a flat state income tax of 4.63% and all gambling wins must be reported on your annual tax returns.
Operators also must pay their share of taxes to the state. Gambling sites are taxed at a flat rate of 10% of gross profits. This is relatively low compared to other states with legal online gaming. A large proportion of the taxes collected go towards funding the Colorado Water Plan.
Data Security and Encryption
All licensed Colorado betting sites should use a secure socket layer connection. This ensures all information sent between you and the gambling site is encrypted. Look for a padlock symbol to the left of the website address. Each Colorado sports betting app should also use encryption to protect your information.
It is up to you as an individual to protect yourself when you gamble online. When you play on Colorado betting sites, online security steps should be followed. Use strong passwords on your computer or mobile device and install updated anti-virus software. Only download gambling apps from their official sources.
Legal Gambling Age in Colorado
To gamble with an online sportsbook, Colorado law dictates that you must be over the age of 21. This age limit is strictly enforced, and minors should not seek to circumvent this rule.
Through searching online, you might find sportsbooks that claim you can bet legally in Colorado from the age of 18. But be wary, as these offshore sportsbooks are illegal and should not be trusted with your hard-earned money.
Responsible Gambling in Colorado
Problem gambling is taken seriously in Colorado. If you have difficulties arising from using any of the best Colorado betting sites, then the Problem Gambling Coalition of Colorado can assist you. The PGCC provides a 24-hour confidential helpline (1-800-522-4700) for anyone affected by the issue.
On the PGCC website, you can self-exclude from online gaming in Colorado. You can choose how long you would like to exclude yourself, with a minimum period of three years. The National Council on Problem Gambling and Gamblers Anonymous are two national organizations that can also help.
Certificates
For a Colorado sportsbook, online security is a crucial topic. A Colorado betting site can prove it is trustworthy with a certificate. Our list below shows the most important certificates that should be displayed by an online sportsbook in Colorado.
- DigiCert – Security
- Problem Gambling Coalition of Colorado – Responsible Gaming
- Cloudflare – Security
- National Council on Problem Gambling – Responsible Gambling
Look out for these certificates before you deposit your money. If a website or app displays the logos of these certificates, then you know they value your safety and security.
Colorado Betting Bonus & Offers
When considering the best betting sites Colorado has to offer, one of the most important factors is the welcome bonus. All our selected sportsbooks have great introductory offers to get Coloradan bettors started.
Remember to check the bonus terms and conditions before depositing. Each offer has individual requirements to satisfy before it can be completed. There might be playthrough stipulations or a minimum betting odds level to adhere to. Here are the welcome offers from Colorado’s top betting sites.
| CO Betting Site | Welcome Bonus | Deposit Features | Rating | Secure Link | T&C’s |
|---|---|---|---|---|---|
| 🥇 BetMGM | Up to $1,000 Risk Free First Bet | 1x, 7 days, N/A | Visit Site! | T&Cs Apply. New customer offer. Always gamble responsibly. 21+ | |
| 🥈 BetRivers | 100% up to $250 on First Deposit | 1x, 30 days, -200 or longer | Visit Site! | Full T&Cs Apply! New customer offer. Please gamble responsibly. 21+ Make your first-time deposit with code SPORTS and place your first sports wager with real money. If your first wager loses, receive a Free Bet, equal to your stake, up to a maximum of $500 ($100 max in NY). Free Bet will be awarded within 24 Hours of your qualifying wager settling as a loss and expire 14 days after issuance. |
|
| v Betway | Up to $250 in Risk Free Bets | 1x, 7 days, -200 or longer | Visit Site! | T&Cs Apply. New customer offer. Always gamble responsibly. 21+ |
Remember though, don’t focus solely on the bonus at the expense of everything else. There are plenty of other factors to consider when getting into Colorado online sports betting. Read on as we take a look at other topics – such as payouts, odds, payment methods and apps.
Average Payout, Odds, and Lines at Colorado Betting Sites
When gambling at the best online Colorado betting sites – you should always strongly contemplate their payout rates. Fair payout rates should be an important consideration when signing up to a new sportsbook.
Return to player (or RTP) is the percentage payout a bettor receives after the commission taken by the sportsbook. A sharp gambler always tries to maximize their potential payouts and minimize the vigorish that they pay to a sportsbook.
- BetMGM – 94.78% Payout Rate
- BetRivers – 93.27% Payout Rate
- Caesers – 93.41% Payout Rate
- Betway – 93.88% Payout Rate
These are the average payout rates from our recommended Colorado betting sites. Hold these figures in mind but remember that rates vary from sport to sport. Larger payout rates mean you get more value on your bets, so don’t forget this.
Live Betting sites in Colorado
Colorado betting sites allow live betting on sports during a game. It is an exciting and dynamic way to gamble and a great way to add to your enjoyment of watching live sports.
Be aware that odds can change quickly in live betting, especially in a close sporting contest. Make sure you have up-to-date information before you bet on a live game, so you don’t get caught out if the odds alter. Here is our best Colorado live betting bonus.
Best Live Betting Bonus
- Bonus Code: 250MATCH
- Minimum Odds: -200 or longer
- Wagering requirement: 1x
- Validity: 30 days
Welcome Bonus
Ongoing Offers Parlay Insurance
Live Promotions 20% Profit Boost
-
Full T&Cs Apply! New customer offer. Please gamble responsibly. 21+ Make your first-time deposit with code SPORTS and place your first sports wager with real money. If your first wager loses, receive a Free Bet, equal to your stake, up to a maximum of $500 ($100 max in NY). Free Bet will be awarded within 24 Hours of your qualifying wager settling as a loss and expire 14 days after issuance.
All bonuses have their own individual wagering requirements at different betting sites. Colorado sportsbooks can have generous bonuses, but you should make sure the terms and conditions are realistically achievable before you sign up.
Whether you follow the Broncos, Rockies, Nuggets, or Avalanche – live betting can be a fun way to root for your team.
Payment Options
There are a wide variety of payment options available at top CO betting sites. Online deposits via Visa and Mastercard are widely accepted. Bank transfer is another convenient option. EWallets such as PayPal are also popular methods for Coloradans to deposit and withdraw from legal online sportsbooks.
Our table shows all deposit and withdrawal options at Colorado betting sites. Our recommended sportsbooks don’t charge fees, but your payment provider might, so double-check. And remember, many sites only let you withdraw to a payment method if you have used it to deposit within the past 180 days.
| Payment Method | Type | Deposit Limits | Deposit/Withdrawal | Payment Fee |
|---|---|---|---|---|
| ACH | Bank Transfer | $10 – $500 | Available for Deposits / Available for Withdrawals | No Fees |
| PayPal | eWallet | $10 – Unlimited | Available for Deposits / Available for Withdrawals | No Fees |
| Play+ | eWallet | $10 – Unlimited | Available for Deposits / Available for Withdrawals | No Fees |
| Visa | Debit Card | $10 – Unlimited | Available for Deposits / Not Available for Withdrawals | No Fees |
| Mastercard | Debit Card | $10 – Unlimited | Available for Deposits / Not Available for Withdrawals | No Fees |
| Discover | Debit Card | $10 – Unlimited | Available for Deposits / Not Available for Withdrawals | No Fees |
| Bank Transfer | Bank Transfer | $10 – Unlimited | Available for Deposits / Not Available for Withdrawals | No Fees |
As online gambling is now fully legal in Colorado, betting sites that use sketchy payment methods should be avoided. You should always gamble with sites that use legitimate and trustworthy payment options like bank transfer, PayPal, and debit card deposits.
Fully legal sportsbooks, like the ones we recommend, have government regulations ensuring customers are treated fairly. Our chosen sportsbooks payout promptly through your selected withdrawal method – so you should have no stress or worry if your bet wins.
Best Payment Methods for Colorado Online Sports Betting
The best online betting sites in Colorado have multiple deposit and withdrawal options. Therefore, the best payment method is the one that is the most convenient for you. Some people prefer eWallets to handle their funds, while others enjoy the ease of using a bank transfer.
Gone are the days when you were forced to deal with unreliable payment methods to gamble with an offshore sportsbook. Colorado bettors can now gamble in a 100% legal environment. You can use several major debit cards and reliable payment options at legal Colorado betting sites.
Apps for Betting in Colorado
Colorado sports betting apps make it even easier to place a bet. Each of our featured sportsbooks has betting apps for both iOS and Android users. This makes it straightforward to place a wager with a smartphone or tablet. Here is our best Colorado sports betting app bonus.
All the best online Colorado betting sites have high-quality apps. This means that you can gamble when you aren’t at your computer. Mobile apps are a convenient method of betting for many Coloradans.
A great advantage of mobile betting is that you can place a bet with your smartphone at any time. The apps of our legal and recommended Colorado sportsbooks should be as safe and secure as their websites.
Customer Service at Colorado Online Sportsbooks
Delivering good customer service is a high priority of our top sportsbooks. Colorado sportsbooks listed on this page all have live chat support to help customers. Plus, there is email support if that is what you prefer.
If you have a problem that can’t be resolved, then the Colorado Division of Gaming has a patron complaints procedure on its website. The benefit of legal online gambling in Colorado is that bettors have an organization to complain to in case of a dispute.
New Betting Sites in CO
Legal gambling is still relatively new in the Centennial State. Even so, there are already some fantastic places for online bettors in Colorado to get involved in fully legal sports betting. Here are our favorite new betting sites in Colorado.
| New CO Betting Site | Bonus Offer | Active from | Rating | Secure Link | T&C’s |
|---|---|---|---|---|---|
| BetMGM | Up to $1,000 Risk Free Bet | 2018 | Visit Site! | T&Cs Apply. New customer offer. Always gamble responsibly. 21+ | |
| BetRivers | 100% up to $250 on First Deposit | 2012 | Visit Site! | Full T&Cs Apply! New customer offer. Please gamble responsibly. 21+ Make your first-time deposit with code SPORTS and place your first sports wager with real money. If your first wager loses, receive a Free Bet, equal to your stake, up to a maximum of $500 ($100 max in NY). Free Bet will be awarded within 24 Hours of your qualifying wager settling as a loss and expire 14 days after issuance. |
Each of our recommended sites is a well-established gaming business – operating legal sports betting sites in several states. All our selected new Colorado betting sites offer a great bonus to get you started. These sportsbooks also have partnerships with Colorado sports franchises like the Denver Broncos and Nuggets.
All our featured sites are fully regulated and licensed by the Colorado Division of Gaming. Security is important to each of these sportsbooks. Your money will be safe, and you know you will be paid out on your winning bets without issues.
Illegal Betting Sites in Colorado
There are plenty of great legal betting sites in Colorado, so there is no reason to seek out illegal offshore bookmakers. Unlicensed sites are risky locations to place a wager and should be avoided. Here is our blacklist of the betting sites that we urge you to steer clear of.
- ⛔ Riverbet
- ⛔ Premiumbull
- ⛔ digiBet
- ⛔ Bigbetworld
- ⛔ All Horse Racing
- ⛔ Gamebet
- ⛔ 21Bet
- ⛔ 1xBet
- ⛔ 12BET
These sites are not licensed by the state of Colorado and can’t be trusted with your funds. If you are a winning bettor, there is no guarantee of a payout from these sportsbooks. Colorado gamblers should stick to the trustworthy sites which we recommend.
The History of Gambling in Colorado
Despite liberal attitudes to subjects such as marijuana use and same-sex marriage, the Centennial State has been slow to embrace gambling. Horse racing began in Colorado in the 1940s and the state lottery commenced in 1982. Three Rocky Mountain casinos opened in 1991.
In 2005 the state of Colorado ruled online gaming illegal. When the Unlawful Internet Gaming Enforcement Act (UIGEA) was passed the following year – online sports betting in Colorado seemed like a long way off.
In 2019, the passing of Proposition DD finally legalized sports betting in Colorado. 2020 saw the launch of several new gambling websites in Colorado, as the first online sportsbooks opened. Residents and out-of-state visitors could finally legally bet on sports when inside Colorado state lines.
With what is regarded as a fair tax rate for operators and an industry that is already thriving – online sports betting looks set for a successful future in Colorado.
FAQ
We hope that that you found our Colorado online sports betting guide as informative as possible. Below are some of the most frequently asked questions from our readers about gambling online in Colorado. This should cover some of the most common topics that our readers ask about Colorado betting sites.
🥇 What is the best betting site in Colorado?
There are several fully legal sites we recommend for online sports betting in Colorado. Our section above gives details of the best Colorado betting sites where you can place a wager.
🔎 Are there any new betting sites in Colorado?
Yes, there are lots of great new betting sites in Colorado. Coloradans have plenty of choice of where to bet online. The amount of regulated and licensed sportsbooks will likely increase further as Colorado online sports betting grows.
📜 Is there a list of the Colorado betting sites?
Online sports betting has been operational in Colorado since May 2020, and we have several recommended sportsbooks for bettors. We reviewed and selected the top sites for Colorado bettors. Follow our links to sign up to the site of your choice.
🛡️ Are Colorado betting sites safe?
Yes. Each of our featured betting sites is a safe place to gamble. All our recommended sites are fully licensed and regulated by state authorities. Bettors should not risk their funds by using illegal offshore betting sites. Read more about gambling safety in Colorado.
💵 How does Colorado make money from betting sites?
Colorado betting sites pay a flat tax rate of 10% to the state. A majority of this money goes towards funding the Colorado Water Plan. Winning bettors must also pay taxes at federal and state level. Take a look at our taxation summary for online sports betting in CO.
⚖️ Is online betting in Colorado also legal?
Yes, online betting is now fully legal in Colorado. You can bet legally and safely with state licensed sportsbooks. We summarise the legal situation for Colorado online sports betting in our section above.
👮 How can I solve a dispute with a Colorado online sportsbook?
If you have a problem with Colorado betting sites, there are several steps you can take. First you must follow the official complaint procedure of the sportsbook in question. If you still aren’t satisfied with the outcome, you can submit a dispute to the Colorado Division of Gaming. Read more information in our support section above.
Conclusion: Exciting Times for Colorado Bettors
It is a great time to be an online bettor in Colorado. All of the best Colorado betting sites are now legal and safe. This gives a fantastic opportunity for bettors throughout the Centennial State.
Online sports betting is now legalized in an increasing number of US states and Colorado is already one of the fastest-growing markets. Visit our guide to US betting sites to see in which other states you can bet online.