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Image for Richard Janvrin Richard Janvrin - Updated October 24, 2023

Best Colorado Sportsbook Promotions & Bonuses

Sports betting in Colorado was a long time coming, but when it finally launched in the summer of 2020 sportsbooks from around the world wasted no time jumping on board. With so much competition, the sportsbooks in Colorado are looking for something to help them stand out from the crowd. Step forward betting bonuses.

Best Colorado Sportsbook Bonuses

🔥 Claimed by 74 people this week!

Logo #3



$1,000 First Bet on Caesars

21+ | Terms and conditions apply

🔥 Claimed by 32 people this week!

Logo #4



Get $1,500 in Bonus Bets!

21+ | Terms and conditions apply

🔥 Claimed by 60 people this week!

Logo #5



Bet $5, Get $150 + a No Sweat SGP

21+ | T&Cs apply

Logo #6



$500 Free Bet

21+ | VA only | Gambling problem? Call 1-800-532-3500

Who Qualifies for a Betting Bonus in Colorado?

To use a betting bonus in Colorado you simply need to be at least 21 years of age and be physically located within the state.

You can actually sign up to a Colorado sportsbook and claim your bonus from another state, but to use it you need to be actually inside state lines.

Basically, all you need to do to claim a bonus is sign up with a sportsbook.

How Do I Claim My Colorado Betting Bonus?

During the registration process, you may be given the chance to type in a bonus code, which will unlock your bonus. Some sportsbooks let you claim bonuses at any time after signing up, usually by entering a code or opting-in in the cashier.

There are also sportsbooks that will credit all new users with a bonus just for signing up, with no need for a bonus code.

To avoid ever missing out on a Colorado betting bonus, head over to our sportsbook reviews and sign up via the links.

Colorado Sports Betting Bonuses

What Are the Different Types of Betting Bonuses Available in Colorado?

Colorado has a great selection of sportsbooks, which means plenty of different types of bonuses. To get a more detailed explanation about each of them, you can check out our full guide to betting bonuses. Below you can find some of the most common types of bonuses in Colorado:

  • Free Bet Bonus
  • Money-Back Bonus
  • Sign Up/Deposit Bonus
  • No Deposit Bonus
  • Reload Bonus
  • Enhanced Odds
  • Parlay Bonus
  • Real Prizes

What Are the Terms and Conditions for Colorado Betting Bonuses?

Just about every single betting bonus has some small print attached – and it can often be the difference-maker between an amazing bonus and just an amazing-sounding bonus. Investigating the terms and conditions of any bonus in full is essential. You can find more details in our full guide, but below we’ve listed some common conditions to be aware of in Colorado:

  • Rollover Requirements
  • Minimum Odds
  • Maximum Bet Size
  • Restricted Markets
  • Expiry Date

Which Colorado Sportsbooks Have the Best Bonuses?

While it’s true that some bonuses are simply more valuable than others, there also aren’t really too many hard and fast rules about what makes a bonus great. This is because everyone likes to bet differently, and values different things when it comes to bonuses.

Some bonuses are only really valuable when you can invest a fairly significant sum yourself. Others might offer players some bonus cash totally free, but the limit tends to be so small that higher rollers won’t be interested.

In this section, we’ve listed three of the top bonuses you can find in Colorado, to give you a sense of the options out there. Hit up our full sportsbook reviews for more info.

If you’re looking to bet on the Denver Nuggets or your other favorite NBA teams then you’ll want to see which sportsbooks offer the best NBA bonuses. Check out our page for the best NBA promos and bonuses, updated weekly!

If you’re from Denver you’re probably a Broncos fan. Take a look at the best Denver Broncos promo codes!

BetRivers $250 Deposit Match Bonus Code “250MATCH”

BetRivers kicks things off with a 100% deposit bonus, worth up to $250. Whatever your first deposit, the sportsbook will match it with bonus cash. If you deposit more than $250, you still receive $250 in bonus cash.

The gambling requirements are very reasonable too – you just need to bet all your bonus cash once to unlock it.

We’re big fans of this bonus from BetRivers, which is perfect for both low and mid to high-stakes players.

Get a $250 Deposit Bonus at BetRivers!



$500 Free Bet

21+ | VA only | Gambling problem? Call 1-800-532-3500

FanDuel Bet $5, Get $150 in Bonus Bets + 3 Months of NBA League Pass!

Get up to $150 back in bonus bets at FanDuel. To claim, new users need to register, make a first-time deposit, and then simply place their first real-money wager on any moneyline at FanDuel market that is live on the platform. Plus, get 3 Months of NBA League Pass.

This bonus is available in all FanDuel legal states. 

DraftKings Bet $5 Get $150 in Bonus Bets

The DraftKings Colorado welcome bonus is one of the best on the market as new users only need to wager $5 to claim $150 in bonus bets instantly. All you need to do is sign up, deposit $5, and wager your $5 on a market of your choice. DraftKings will credit your account with $200 in bonus bets immediately, whether you bet wins or looses.

Sign Up With DraftKings Today, Bet $5, and Get $150 in Bonus Bets!

🔥 Claimed by 60 people this week!



Bet $5, Get $150 + a No Sweat SGP

21+ | T&Cs apply

What Is the Current Sports Betting Situation in Colorado?

Colorado sports betting kicked in at a pretty crazy time. In May 2020 the US was still reeling from coronavirus restrictions, all the major sports leagues were canceled, and Colorado residents didn’t exactly have a full menu to bet on.

Sportsbooks weren’t deterred though. By the end of the summer, at least seven sportsbooks had launched in the state, with just about double that expected to join them over the rest of 2020 and into 2021. US sites like FanDuel and DraftKings are already up and running, along with some platforms designed by local casinos. Huge names from European betting, including bet365 and Caesars Sportsbook, are expected to launch before too long. The future is bright in Colorado.

More Sportsbook Bonuses & Promo Codes

More State Betting Bonus Guides

$1,000 Safety Net Bet OR $150 in Bonus Bets

Gambling Problem? Call 1-800-GAMBLER 21+ must be physically located in VA. T&Cs Apply.

Claim Now
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Richard Janvrin

481 Articles

After graduating from the University of New Hampshire with a BA in Journalism, Richard Janvrin has been covering iGaming and sports betting since December 2018. Richard has covered betting at Bleacher Report, Gambling.com, The Game Day, Forbes, and more.

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