Colorado Sports Betting Promotions

Last updated: June 15, 2023

Colorado sports betting has become increasingly popular since its legalization in May 2020. With a wide array of options available for bettors, sportsbooks in the Centennial State are vying for attention by offering numerous promotions and bonus schemes. These promotions not only attract new customers but also provide added value to seasoned bettors, making the overall betting experience more enjoyable and potentially lucrative.

Among the 25 best sports betting sites in Colorado, several standout promotions and bonuses can be found. These offers vary from sportsbook to sportsbook and include cash-back incentives, deposit-match bonuses, and free bets. By understanding the ins and outs of these promotions, and learning how to claim them, bettors can make the most of their online Colorado sports betting experience.

Key Takeaways

  • Colorado sports betting offers various promotions and bonuses from a wide array of sportsbooks.
  • Bettors should compare offers from top sportsbooks to find the best deal for their needs.
  • Understanding how to claim and use bonuses and promo codes is crucial for a successful betting experience.

SportsbookBonus OfferBest FeaturesClaim Bonus
Existing Customer Promo Offers

Existing Customer Promo Offers

  • Very popular and trustworthy sportsbook
  • Competitive odds
  • Prop bets & parlays
  • iOS and Android mobile app
Bet Now
Up to $1,250 Free Bet

Up to $1,250 Free Bet

  • Excellent rewards program
  • Licensed in over 10 states
  • NFL and NBA official partner
  • iOS and Android mobile app
Bet Now
Free $1,000 Bet

Free $1,000 Bet

  • Very popular and trustworthy sportsbook
  • Competitive odds
  • Prop bets & parlays
  • iOS and Android mobile app
Bet Now
2nd Chance Bet up to $250

2nd Chance Bet up to $250

  • Quick, reliable payouts
  • Daily house specials
  • Licensed in over 12 states
  • iOS and Android app
Bet Now
No Sweat First Bet up to $1,000

No Sweat First Bet up to $1,000

  • Licensed in over 12 states
  • Casino, fantasy and facebook also available
  • Odds boosts
  • iOS and Android mobile app
Bet Now
30% Same Game Parlay Profit Boost

30% Same Game Parlay Profit Boost

  • Huge global brand
  • Great parlay selection
  • 24/7 live chat
  • iOS and Android mobile app
Bet Now
Up to $250 Free Bet

Up to $250 Free Bet

  • Wide selection of sports
  • Parlay boosters & early cash outs
  • Safe, trusted betting site
  • iOS and Android mobile app
Bet Now
Bet $100 Get $50 Free Bet

Bet $100 Get $50 Free Bet

  • Online sportsbook + casino
  • Exclusive picks and offers
  • Earn five star rewards
  • iOS and Android mobile app
Bet Now
Must be 21+ to participate. T&Cs apply.

Top 5 Colorado Sportsbooks with Promo Codes

Colorado sports betting enthusiasts have a wide array of exciting promotions and offers provided by various sportsbooks. Here are the top five sportsbooks in Colorado, which are known for their bonuses and promo codes.

DraftKings Sportsbook 

They currently offer a new user bonus of up to $1,200. Their promotion includes a Bet $5 Win $150 deal plus a $50 bonus bet on deposit, along with a deposit bonus of up to $1,000. To claim this offer, you just need to click “Play Now” on their website.

Caesars Sportsbook

As one of the largest casino brands, Caesars also has plenty to offer in Colorado. Their promotions consist of an up to $1,250 deposit bonus for new users. You can claim this bonus by signing up on their website and using the relevant promo code while making your deposit.


Apart from offering competitive pricing and same-game parlays, BetRivers sportsbook also features a $500 2nd chance bet for new customers. You can enjoy this promotion by signing up on their platform and entering the provided promo code during the deposit process.


Known for its user-friendly interface and diverse betting options, FanDuel is a popular choice among Colorado bettors. They offer enticing promotions such as risk-free bets, deposit match bonuses, and other seasonal offers. For more details on promo codes and bonuses, visit their website.


Another big player in the Colorado sports betting scene is BetMGM. Their promotions include a risk-free bet of up to $1,000 for new users, as well as other offers for existing users, which periodically change to keep things interesting. You can visit the BetMGM website to find the latest promo codes and offers.

Take advantage of these top sportsbooks’ promotions and make the most out of your Colorado sports betting experience. Remember to always gamble responsibly and enjoy the action.

Best Colorado Sportsbook Promos Compared

In the world of Colorado sports betting, promotions and bonuses play a significant role in attracting new customers. We’ve compared several notable sportsbooks to help bettors find the best offers available. Below is a snapshot of the popular Colorado sportsbook promotions:

  • BetRivers offers a 100% match bonus of up to $250, providing a solid foundation for new bettors to build their bankroll. To qualify, users must enter a promo code during registration and make a minimum deposit of $10. With a player-friendly 1x wagering requirement, it’s an attractive option for bettors exploring the Colorado sports betting landscape.
  • Caesars has a generous sign-up bonus, matching deposits up to $1,500. Requiring a promo code during registration, this sportsbook provides an opportunity for new customers to experiment with different bets without risking too much of their bankroll. The matched deposit bonus is subject to a 5x wagering requirement for sports bets.
  • FanDuel features a unique offer called “No Sweat First Bet.” Users can claim up to $1,000 in bonus bets if their first bet doesn’t win. Simply register, make a deposit, and place your first bet. Should it lose, FanDuel covers your loss with bonus bets, reducing any risk in trying out the platform.
  • BetMGM entices new customers with up to $1,000 in bonus bets if their first bet loses. After registration and making the minimum deposit, users can place their initial wager, confident that they’ll earn bonus bets for future wagers if luck isn’t on their side.
Sportsbook Promotion Bonus Type
BetRivers 100% Match Bonus Up to $250
Caesars Up to $1,500 Match Deposit Bonus Bets
FanDuel No Sweat First Bet Up to $1,000
BetMGM Up to $1,000 in Bonus Bets First Bet

Each of these Colorado sportsbooks offers attractive promotions, catering to both beginners and experienced bettors. Remember to check the terms and conditions of each bonus for details, and always bet responsibly.

How Colorado Sportsbook Bonuses and Promo Codes Work

Colorado has become a hotspot for sports betting enthusiasts since legalizing the activity in 2020. Consequently, many online sportsbooks have launched in Colorado, offering a variety of promotions, bonuses, and promo codes to attract and retain bettors.

To take advantage of these enticing offers, Colorado bettors can simply sign up at an online sportsbook and use a promo code during the registration process. This code will usually unlock a variety of exclusive benefits, such as bonus bets, deposit matches, and risk-free wagers. It’s essential to read the terms and conditions associated with each offer, as they often have specific requirements like minimum deposit amounts or wagering turnaround times.

One popular promotion type in Colorado is the deposit match bonus. This bonus involves sportsbooks matching a bettor’s initial deposit up to a certain amount. For instance, Caesars Sportsbook offers up to $1,250 on a matched deposit, which can be spent on betting credits, hotel stays, and much more.

Another common promotion is the risk-free bet. This offer allows bettors to place their first wager without the risk of losing their money if the bet loses. Instead, the sportsbook will credit their account with a bonus bet equivalent to the lost amount, giving them a second chance to win. A great example of this type of promo is offered by bet365, where you can receive up to $200 in free bets with a $1 deposit.

In addition to these offers, Colorado sportsbooks also provide ongoing promotions and special events for existing customers, such as enhanced odds, parlay boosts, and cashback bonuses. Bettors should regularly check their chosen sportsbook’s promotions page to stay updated on the latest deals.

Remember, the key to making the most of Colorado sports betting promotions is research and comparison. Compare different online sportsbooks, their promotional offers, and the wagering requirements to find the best value and enhance your sports betting experience.

How to Claim Colorado Sports Betting Bonuses and Promos

Colorado boasts access to some of the best sports betting promotions and bonuses due to the presence of 25 premier sports betting sites operating in Colorado. To claim and take advantage of these offers, bettors need to follow a simple process.

First, look for a trustworthy and licensed online sportsbook in Colorado, such as DraftKings Sportsbook or Caesars Sportsbook. Doing so ensures that you’re playing on a reputable platform where your personal information and funds are secure.

Next, start the registration process by creating an account with your preferred sportsbook. During the sign-up phase, you’ll be asked to provide personal information, such as your name, date of birth, and address, to verify your identity and ensure you meet the legal age requirement of 21 or older.

Pay attention to the promo code entry section as you move through the registration process. Some sportsbooks automatically provide the promo code when opening an account, while others might require you to enter it manually. In most cases, the promo code field will be clearly marked and easy to spot. You can find the latest promo codes and bonus bet offers for Colorado sportsbooks online. Make sure to enter the code, if needed, to unlock the available bonuses.

Once your account is successfully created, you’ll usually have to make your first deposit to claim the bonus bets. Several online sports betting platforms in Colorado offer generous deposit bonuses; for instance, DraftKings Sportsbook provides a deposit bonus of up to $1,000. Keep in mind that different sportsbooks might have different deposit methods and minimum deposit requirements.

Lastly, you’ll have access to your bonus bets within your account. Most sportsbooks offer both Android and iOS apps, allowing users to place bets seamlessly on their mobile devices. Download the appropriate app, log in, and start using your bonus bets. Remember to follow the terms and conditions attached to each promo offer, such as expiration dates and playthrough requirements, to avoid claims being voided.

Pros and Cons of Using Colorado Sportsbook Promo Codes

Colorado sports betting promotions offer several advantages for bettors looking to maximize their profits and enhance their overall experience. Some popular sportsbooks in the Centennial State include Caesars Sportsbook, DraftKings CO, Tipico, Superbook, WynnBET, and BetMGM.

Pros of using promo codes:

  • Increased bankroll: Promo codes often provide bonuses, such as bonus bets, that allow bettors to increase their wagering funds, thus potentially increasing their winnings.
  • Risk-free bets: Some Colorado sportsbooks offer second-chance bet promotions, where bettors are refunded up to a certain amount if their first wager loses. This helps to mitigate the initial risk involved in online betting.
  • Greater variety of betting options: Using promo codes can give bettors access to a wider range of sports markets and wager types, including football, soccer, and basketball.
  • The easy transition of funds: In some sportsbooks, such as DraftKings CO, bettors can easily move funds between their daily fantasy sports (DFS) account and sportsbook account.

Cons of using promo codes:

  • Wagering requirements: Bonus bets often come with conditions, such as a minimum odds requirement or rollover requirements, which can make it more challenging for bettors to cash out their winnings.
  • Expiry dates: Bonus funds and free bets typically have expiry dates, forcing bettors to use them within a specified time frame or lose them entirely.
  • Restrictions on withdrawals: Some sportsbooks may impose restrictions or delays on withdrawals when using bonus bets, which can be frustrating for bettors looking to cash out their winnings quickly.
  • Limited to specific markets: In certain instances, promo codes are only applicable to specific markets or events.

As bettors navigate the world of Colorado sports betting, it’s crucial to weigh the pros and cons of using promo codes and choose the best options for their wagering style and preferences.

Common Types of Colorado Sports Betting Promo Codes

In Colorado, online sports betting enthusiasts can take advantage of numerous promo codes and offers from various sportsbooks. These promotions may include welcome bonuses, deposit match bonuses, bonus bets, free bets, and first bet insurance, among others. This section will outline some of the most common types of sports betting promo codes found in Centennial State.

Welcome bonus

One popular type of promo code is the welcome bonus. As the name suggests, this bonus is offered to new players after they have created an account with a sportsbook. For example, Caesars Sportsbook offers up to $1,000 in Caesars Reward credits and $1,000 Tier Credits when users enter the promo code ‘LEGALFULL’. It is a way for the sportsbook to entice new players and give them a great start.

Deposit match bonus

Another common promotion is the deposit match bonus. When a player makes their first deposit, the sportsbook will match a percentage of the deposited amount, up to a certain limit. This provides bettors with additional funds, which can be particularly useful for beginners who are still learning the ropes of online sports betting.

Bonus betsfree bets

In addition to deposit-based promotions, bonus bets, and free bets are popular promo code offerings. These promotions typically involve a sportsbook providing players with extra bet credits that can be used on various sporting events. This might be a dollar-for-dollar match of a player’s qualifying bet, or a set amount that is added to the player’s account balance when they enter the corresponding promo code.

Although bonus bets and free bets are similar terms, they are not the same. A bonus bet typically comes with wagering requirements, meaning the bettor must wager the bonus amount a specified number of times before withdrawing any winnings. On the other hand, free bets usually do not have such requirements and are essentially risk-free betting funds, allowing players to keep the winnings without having to wager additional funds.

Lastly, first bet insurance is a promotion that appeals to risk-averse bettors, as it offers a safety net for their first wager. With this promotion, players who lose their initial bet are refunded the amount they wagered, up to a predetermined limit. For example, FanDuel Sportsbook offers a $1,000 No Sweat First Bet for eligible players who join their platform.

Top Sports and Events to Bet on with Promo Codes in Colorado

With a variety of options from the numerous sportsbooks in Colorado, bettors can make the most out of promo codes and bonuses to maximize their winnings. Several popular sports and events cater to different preferences, offering exciting betting markets for everyone.

  • Football: As one of the most popular sports in Colorado, both professional and college football enjoy a massive following, making them an ideal pick for bettors. NFL games, in particular, draw considerable attention, and Caesars Sportsbook offers attractive promos, such as up to $1,250 in bonuses for new users.
  • Basketball: With the Denver Nuggets consistently performing well in the NBA, basketball serves as another excellent choice for Coloradan bettors seeking an exciting betting experience. Fans have access to a variety of promotions and bonus offers like DraftKings’ limited-time sign-up bonus that allows new users to bet $5 and get $200 in bonus bets.
  • Soccer: Soccer, often regarded as the world’s most popular sport, provides numerous betting opportunities throughout the year. Major events such as the English Premier League, UEFA Champions League, and international competitions like FIFA World Cup and Copa America, make for exciting times in the world of soccer betting. Colorado sportsbooks often have enticing promos for soccer enthusiasts, such as Bet365’s $200 offer for new users.

In addition to these sports, bettors in Colorado can also find plenty of market choices in other sports like baseball, hockey, tennis, and golf. Remember that betting on college sports is also permitted in Colorado, offering more excitement and betting opportunities to its residents.

As you explore these options, make sure to stay informed about the latest promo codes and bonus offers in Colorado sportsbooks, as they can enhance your betting experience and potentially boost your winnings.

Sportsbook Promo Code Rules in Colorado

Who is Eligible for Colorado Sportsbook Bonuses & Promo Codes

In Colorado, legal online sports betting is accessible to residents and guests of Colorado. To be eligible for sportsbooks bonuses and promo codes, individuals must be at least 21 years of age and located within Colorado borders of Colorado. Remote registration for sports betting accounts is allowed, making the process of signing up and taking advantage of promotions more convenient for users.

What are the Restrictions and Limitations of Colorado Promo Codes

Promo codes and bonuses offered by Colorado sportsbooks come with certain restrictions and limitations, which may include:

  • Initial deposit or qualifying bet: Many promotions require a first deposit or minimum qualifying bet to activate the bonus.
  • Odds restrictions: Some promotions may require specific odds requirements for follow-up wagers or restrict bonus use for specific sports or events.
  • Expiry: Bonuses and promo codes often have expiration dates, and users must fulfill the requirements before this period ends.
  • New user restrictions: Many promotions are limited to new customers or first-time depositors at a specific sportsbook.

To ensure you fully understand and comply with the terms and conditions, always read the fine print associated with each promotion or bonus offered by sportsbooks in Colorado.

What are the Wagering Requirements for Colorado Promo Codes

Wagering requirements refer to the number of times a bonus or promotional amount must be wagered before it can be withdrawn as cash. These requirements can vary depending on the sportsbook and specific promotion. In Colorado, typical wagering requirements for sports betting promotions may range between 1x and 10x the bonus amount. Some promotions could even offer risk-free bets instead of wagering requirements.

Keep the following in mind when navigating the wagering requirements landscape:

  • Ensure you fulfill the requirements within the specified timeframe.
  • Determine if the promo code applies to specific sports, events, or betting markets.
  • Assess if any minimum odds restrictions apply to meet wagering requirements.

By understanding the wagering requirements, odds restrictions, and other terms associated with Colorado sportsbook promo codes, bettors can capitalize on these promotions and enhance their overall sports betting experience.

Why Do Colorado Sportsbooks Offer Promo Codes?

Promo codes are an essential aspect of the Colorado sports betting industry. They serve multiple purposes, such as attracting new players, retaining existing customers, and building a loyal customer base. By offering promo codes, sportsbooks can provide an incentive for potential customers to sign up and start betting on their platform.

One popular type of promotion is bonus bets. When players use a promo code, they may receive bonus bets, which allows them to try out the sportsbook without risking too much of their own money. This is beneficial for both the sportsbook and the user because it encourages new bettors to join and feel more comfortable with the platform.

Several well-known sportsbooks offer promo codes in Colorado, including BetRivers, Caesars, FanDuel, and BetMGM. For example, BetRivers Sportsbook Colorado offers a Bet Credit to new users if their first wager loses, which can be up to $500. This promotion provides bettors with an extra level of assurance when placing their initial bets, encouraging them to try out the platform.

Another popular promo code offered by sportsbooks involves deposit bonuses. Caesars Sportsbook offers a generous deposit bonus of up to $1,250 to new users, encouraging them to deposit more money and bet more frequently.

Competitions among sportsbooks tend to be fierce. To stay ahead of their competition, sportsbooks use promotions to generate more player engagement. For instance, FanDuel Colorado offers a $1,000 “no sweat” first bet for new users, meaning that they would be reimbursed for their first lost bet up to $1,000.

Offering promotions not only helps sportsbooks attract new players but also instills loyalty among existing customers. Regular promotions for ongoing users encourage them to continue using the platform while providing an added layer of excitement for bettors when placing their wagers. This helps the sportsbooks to maintain strong customer relationships and build their market share in the competitive Colorado sports betting environment.

How Are Free Bets Paid Out in Colorado

Colorado sports betting promotions often include free bets and bonus funds, which are paid out to players by various sportsbooks in Colorado. These promotions are designed to attract new customers and keep existing ones engaged in betting activities.

How Long Do Bonus Funds Take to Arrive

The time it takes for bonus funds to appear in a player’s account can vary depending on the specific sportsbook and the conditions of the promo codes used. However, in most cases, Colorado sportsbooks will credit the free bets or bonus funds instantly or within a few hours of meeting the qualifying criteria.

In general, there are several types of promotions available at sportsbooks in Colorado, such as:

  • Bet and Get: This type of promotion rewards players simply for placing their first wager, with the offered bonus typically being a free bet
  • Deposit Bonuses: Some promotions will match a player’s deposit with bonus funds up to a certain limit. For instance, DraftKings Sportsbook offers an up to $1,000 deposit bonus for new users.
  • Risk-Free Bets: Colorado sportsbooks may also provide a risk-free bet, where players are refunded, usually in the form of bonus funds, if their initial bet loses.

Bettors need to be aware of the specific terms and conditions associated with each promotion, as there may be wagering requirements, minimum odds, or other stipulations attached to the bonus funds or free bets. By understanding these requirements, players can ensure they are using their promo codes correctly and can receive their bonus rewards promptly.

While the payout time for bonus funds and free bets may vary, sportsbooks in Colorado aim to make the process as quick and painless as possible. This is done to ensure a satisfactory experience for bettors and encourage continuous engagement in Colorado’s thriving sports betting market.

How to Pick the Best Colorado Promo Code

When looking for the best Colorado sportsbook promo code, there are several factors you should consider to ensure you’re getting the most value out of your sports betting experience. By analyzing various aspects such as promotional value, wagering requirements, and sportsbook reputation, you can make an informed decision when selecting the finest Colorado promo code for your needs.

First and foremost, assess the promotional value offered by different sportsbooks in Colorado. Look for offers with sizable bonus bets to increase your wagering potential. For example, DraftKings provides a bet $5 get $200 offer, which can significantly boost your sports betting endeavors. Be sure to compare the values of promotions from multiple sportsbooks to make the most of your bonus opportunities.

Next, pay close attention to the wagering requirements associated with each promo code. While some sportsbooks may offer substantial bonus bets, they often come with strict stipulations such as high rollover requirements or minimum odds. To avoid any disappointment or potential pitfalls, thoroughly examine the terms and conditions outlined by the sportsbook before committing to a particular Colorado promo code.

Reputation plays a crucial role in the sports betting industry as well. Ensure you’re utilizing promo codes from reputable sources, such as established sportsbook operators like Caesars Sportsbook and BetMGM. By engaging with trustworthy platforms, you can ensure a safe and secure betting experience whilst also benefiting from enticing promotions.

Are Colorado Sportsbook Promos Worth It?

Colorado sportsbook promotions have become increasingly popular as more bettors turn to online betting platforms. The benefits of these promotions can be quite worthwhile for players in the Centennial State, but it’s essential to weigh their pros and cons before committing.

Promotions often come in the form of bonus bets or bonus bet offers that provide incentives for new players to sign up on a sportsbook platform, such as DraftKings CO, Tipico, SuperBook, or WynnBET. These bonus bets usually match a portion of the player’s initial deposit, providing extra funds for placing wagers. Additionally, promotions may include promo codes, which bettors can enter upon registration to unlock special offers.

One advantage of these promotions is that they can significantly enhance a bettor’s initial betting experience. By using bonus bets or a promo code, new players can potentially receive substantial rewards without risking their own money. This allows them to explore the platform, learn the ropes, and gain the confidence necessary to make informed decisions when placing wagers.

Another positive aspect of these promotions is the competitiveness among sportsbooks in Colorado. As more betting platforms continue to emerge, competing for players’ attention and loyalty becomes increasingly important for sportsbook operators. This drive often leads to better promotions, such as second-chance bet offers, tailored to the needs and preferences of Colorado bettors.

However, it’s essential to consider the potential drawbacks associated with sportsbook promotions. One potential downside is the wagering requirements and other associated terms and conditions tied to these promotions. Bettors should carefully review the conditions governing bonus bets and promo codes before participating in any promotional offers to ensure they fully understand the requirements and can realistically meet them.

Frequently Asked Questions

Best CO betting promos?

In Colorado, many online sportsbooks offer promotions and bonuses to entice new players and keep existing customers engaged. Some of the best promotions can be found at DraftKings Sportsbook and Caesars Sportsbook. These websites frequently update their offers for new and existing users.

What are the top sportsbook offers in CO?

Several sportsbooks in Colorado are competing for your business, which means they often have competitive offers for new players. Top sportsbook offers may include risk-free bets, deposit bonuses, and free bet credit promotions. Keeping an eye on our guides will help you stay up-to-date on the latest offers and promotions from various sportsbooks in Colorado.

How to get free bets in CO?

Free bets are often offered as part of a sportsbook’s promotion or bonus offerings to attract new customers or keep existing ones engaged. Typically, free bets can be obtained by signing up for a new account, making a qualifying deposit, or meeting specific promotional requirements outlined by the sportsbook. Always read the terms and conditions of any promotion to ensure you fully understand how to access free bets.

Wynnbet vs Betrivers promos, which is better?

Comparing promotions between sportsbooks like Wynnbet and Betrivers will depend on the current offers available at the time. Since promotions and bonuses are constantly changing, it’s essential to visit both sportsbooks’ websites to see their latest deals and choose the ones that best suit your betting preferences.

Betfred or Superbook deals, which is better?

Like other sportsbooks, Betfred and Superbook also offer promotions and deals to attract and retain players. Typically, these promotions will include deposit bonuses, risk-free bets, and cashback offers. To determine which of these sportsbooks has better deals, visit their respective websites and compare their current promotional offerings.

How to unlock promo codes in CO?

Promo codes are often used as a way to access specific promotions and bonuses offered by sportsbooks. Generally, you can unlock a promo code by either entering it when registering for a new account or by applying it to your account before making a qualifying deposit. Each sportsbook may have its own requirements for activating and using promo codes; be sure to read the terms and conditions associated with any promotional code you’re interested in using.