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Sports betting is legal in Colorado, both online and in person. Voters approved Proposition DD in November 2019, and the market officially launched on May 1, 2020. Today, Colorado is one of the most competitive betting states in the U.S., with over a dozen legal operators offering mobile apps, retail sportsbooks, and ongoing promos.

In this guide, we'll cover top sportsbook promos and welcome offers.

Yes. Colorado legalized sports betting in November 2019 when voters approved Proposition DD, and the market launched for both retail and online betting on May 1, 2020. Sports betting is regulated by the Colorado Division of Gaming. You can bet online or on mobile with licensed operators, and in person at retail sportsbooks inside Colorado casinos. You must be 21 or older and physically located within Colorado to place a legal wager, with geolocation used to verify your location.

Betting on in-state college teams is allowed, but no wagers on individual player props for any college games.

Colorado's online market is competitive, with several major national operators live statewide. While more sportsbooks may enter over time, this section focuses on the top five based on market share, app quality, promotions, and betting features. 

New users in Colorado can grab about $500–$650 in near-instant value by stacking current deals.  That means new users can stack promotions across multiple books before deciding which sportsbook best fits their betting style. Don’t settle on just one—claim as many offers as possible to maximize your bonus value, then stick with the book that feels right for you.

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Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.

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Compare welcome bonuses, odds quality, and app UX. Check for Broncos, Nuggets, Avalanche, or Rapids promos.

Colorado allows remote sign-up. You’ll typically enter: full name, email, date of birth, last 4 of SSN, and physical address. Verify location and age (21+).

Click the "claim" button on this page to opt in. Read the terms and conditions for minimum odds, qualifying bet, and expiry.

Common CO methods: credit and debit card, online banking/ACH, PayPal, Venmo, Apple Pay, Play+ prepaid.

Example: bet $5 on the Broncos to win at DraftKings to unlock bonus bets. You can also try a simple total or moneyline.

Payout options usually include online banking/ACH, PayPal, Venmo, and Play+. E-wallets often pay fastest, while bank transfers can take longer. Check processing times in the app’s cashier.

The betting handle is the total amount of money wagered with legal sportsbooks over a given period. It counts every dollar staked before any winnings are paid out. Handle is not the sportsbook’s revenue. Revenue equals handle minus payouts, and the hold (or win rate) is revenue divided by handle.

Quick example: if bettors place $200 million in wagers and sportsbooks pay out $188 million, revenue is $12 million and the hold is 6%.

Sports betting should be enjoyable and fit your budget. If gambling is affecting you or someone you know, confidential help is available in Colorado and nationwide. Most sportsbooks also offer deposit limits, time-outs, and self-exclusion to help you stay in control.

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