Colorado Sports Betting Sites: Legal CO Online Sportsbooks in 2024

Colorado sports betting sites and sportsbooks have been legal since 2020. With 21 total sportsbooks and mobile apps, and 10 retail locations, Colorado residents have a variety of options to choose from.

Fact Checked by Blake Weishaar

Best Colorado Sportsbooks 2024

Verified Offers Verified By Our Experts
1
Best Choice
Caesars Sports
Best Choice
Must be 21+ to participate. T&Cs apply.
2
Must be 21+ to participate. T&Cs apply. Play Responsibly.
3
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.
4
Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.
6
Must be 21+ to participate. T&Cs apply.
7
Patrons must be 21 years of age or older in order to claim the following Offer and must be physically present in the state of Colorado to place a wager.
8
Only persons physically located in the state of Colorado are permitted to wager for real money on https://co.clutchbet.com or in app. Must be 21 and over to hold a registered ADSW account. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. Visit https://www.problemgamblingcoalitioncolorado.org/ to learn more.

Colorado Sports Betting Quick Facts & Information

✅ Is Sports Betting Legal in Colorado?Yes, both online and retail sportsbooks
🎁 Number of CO Sportsbooks Live21
⭐️ Newest Sportsbook in ColoradoNOVIG
📆 Latest NewsSports betting handle drops in February
🔞 Legal Gambling Age21+
🏛️ Colorado Gambling RegulatorColorado Limited Gaming Control Commision
📞 CO Gambling Helpline1-303-662-0772

Is Sports Betting Legal in Colorado?

Yes, sports betting is legal in Colorado. Voters made retail and online sports betting legal in a referendum carried out during the November 2019 election. Sports betting legislation then came into immediate effect and the industry launched in May of 2020. 

What's the Legal CO Sports Betting Age?

You must be 21 years or older to legally place a sports wager or claim any sportsbook promos in Colorado. The legal sports betting age is standard whether using Colorado online sports betting sites, apps, or interested in going to one of the 10 retail sportsbooks currently operating today. 

Who Legalizes Sportsbooks in Colorado?

Legal sports betting sites and sportsbooks along with all gaming in Colorado is overseen by the Colorado Limited Gaming Control Commission. This is a five-member regulatory body (appointed by the Governor) that meets on a regular basis and is seen as the final authority on all things related to licensed gaming in the state. 

This includes the adoption of rules and regulations, the final approval of license holders, and any alterations to gaming tax rates. The Colorado Division of Gaming operates under the supervision of the Department of Revenue and works alongside the CLGCC. It is responsible for implementation of the commission’s decisions and the general day-to-day running of the gaming industry. 

Role Of The Colorado Division Of Gaming

The Colorado Division of Gaming is seen as the chief regulator of the state’s sports betting operations. It is responsible for implementation of the commission’s decisions and the general day-to-day running of the gaming industry. As noted earlier, the Division works closely with the CLGCC to oversee sports betting and is mainly responsible for the following: 

  • Licensing
  • Regulatory compliance
  • Monitoring and auditing
  • Consumer protection
  • Technical standards
  • Problem gambling support

Latest Colorado Sports Betting News

  • 📆 April 2024 | Betting Handle Drops again in February: The drop from January to February dropped another 10%, totaling $536.988 million.
  • 📆 March 2024 | Betting Handle Drops in January: The new year wasn't kind for Colorado sportsbooks, dropping 16.7% from December to January. The total handle for January was $596.686M.
  • 📆 January 2024 | NOVIG Launches in Colorado: The latest Colorado sports betting operators, NOVIG, goes live in the Centennial State. 
  • 📆 December 2023 | Exchange Wagering Could Come to CO: The Colorado Division of Gaming begins discussions on whether the Division of Gaming should be required to have stakeholder meetings on exchange wagering by February 1. 
  • 📆 December 2023 | Fanatics Sportsbook Goes Live: Fanatics becomes the latest Colorado sports betting operator to go live in the Centennial State. 
  • 📆 November 2023 | ESPN BET Goes Live: The awaited ESPN BET goes live in conjunction with PENN Entertainment on November 14, 2023.
Bet Colorado Sports Betting and Sportsbooks

List of Legal Colorado Sportsbooks & Betting Sites Available

A number of different names come and go from the long list of names on the market. Here's a complete list of all the Colorado sportsbooks currently live and legal in the state:

1. Caesars Sportsbook Colorado4.9/5 ⭐️
2. Fanatics Sportsbook Colorado4.8/5 ⭐️
3. BetMGM Colorado4.6/5 ⭐️
4. bet365 Colorado4.6/5 ⭐️
5. DraftKings Colorado4.5/5 ⭐️
6. FanDuel Sportsbook Colorado4.5/5 ⭐️
7. Sporttrade Colorado 4.3/5 ⭐️
8. ClutchBet Colorado4.3/5 ⭐️
9. BetRivers Colorado4.2/5 ⭐️
10. ESPN BET Colorado4.0/5 ⭐️
11. Betway Colorado3.8/5 ⭐️
12. Betsafe Colorado3.5/5 ⭐️
13. Circa Sports Colorado3.4/5 ⭐️
14. Tipico Colorado3.1/5 ⭐️
15. SuperBook Colorado2.8/5 ⭐️
16. Betfred Colorado2.7/5 ⭐️
17. SI Sportsbook Colorado 2.2/5 ⭐️
18. Bally Bet Colorado2.1/5 ⭐️
19. Bet Monarch Colorado 1.5/5 ⭐️
20. Smarkets Colorado 1.1/5 ⭐️
21. NOVIG Colorado 1.0/5 ⭐️
Rankings Last UpdatedApril 25, 2024
caesars sportsbook colorado

1. Caesars Colorado Sportsbook

One of the biggest names in casino gaming, it’s no real surprise that Caesars Colorado has started to excel in the Colorado sports betting market. While its platform may not be quite as slick as DraftKings' excellent app, the Caesars rewards program is second to none. You even can redeem your loyalty points at brick-and-mortar Caesars casinos in Colorado.

⭐️ BetColorado.com Rating:4.9/5
🔥 Top Feature:Watch & Bet
🎁 Welcome Offer:$1000 First Bet on Caesars
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Horseshoe Black Hawk Casino
fanatics sportsbook colorado

2. Fanatics Colorado Sportsbook

While you can't buy your favorite Broncos jersey over at Fanatics Sportsbook Colorado, you can earn FanCash Rewards by playing on their app. Unlike other CO sportsbooks, Fanatics Sportsbook offers a unique rewards program that lets sports fans earn towards their favorite teams gear.

⭐️ BetColorado.com Rating:4.8/5
🔥 Top Feature:FanCash Rewards
🎁 Welcome Offer:Bet & Get up to $1000 in Bonus Bets
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Double Eagle Hotel $ Casino

 

Must be 21+ to participate. T&Cs apply. Play Responsibly.
betmgm colorado

3. BetMGM Colorado Sportsbook

The range of sports gambling markets available at BetMGM Colorado is one of the best in the industry. The online sportsbook has a wonderfully intuitive bet slip that makes creating parlays and figuring out potential winnings a dream. The edit my bet feature is also a pretty nifty one that allows you to change parts of your bet even after you have placed it. 

⭐️ BetColorado.com Rating:4.6/5
🔥 Top Feature:Live Betting
🎁 Welcome Offer:Up to $1500 in Bonus Bets if Your First Bet Loses
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Midnight Rose Hotel and Casino
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.
bet365 colorado

4. bet365 Colorado Sportsbook

Hugely successful British online bookmaker bet365 first signed a 10-year agreement with Century Casinos in 2020 allowing it to launch its Colorado online sportsbook in 2022. bet365 Colorado is currently working hard to expand its presence in the U.S., offering a number of promotions like their two - yes, two! - promos available to new Colorado sports bettors.

⭐️ BetColorado.com Rating:4.6/5
🔥 Top Feature:Live Streaming Options
🎁 Welcome Offer:First Bet Safety Net up to $1000 OR Bet $5, Get $150 
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Century Casinos
Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.
draftkings colorado

5. DraftKings Colorado Sportsbook

DraftKings Colorado is the market leader in sports betting across the United States, with only FanDuel coming close in terms of sports betting handle. The app has a simple and extremely user-friendly interface as does their online sportsbook, and both offers a wide range of sports to bet on. It offers a great no sweat first bet but falls a little short on the regular promotions for existing users. 

⭐️ BetColorado.com Rating:4.5/5
🔥 Top Feature:Daily Fantasy Sports
🎁 Welcome Offer:Bet $5, Get $200 in Bonus Bets Instantly + Daily No Sweat SGP for NBA Playoffs 
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Bally's Black Hawk North Casino
fanduel sportsbook colorado

6. FanDuel Colorado Sportsbook

No sports betting operator in the state wants to bring you in for football season more than FanDuel Colorado does. Currently they're offering great promo of Bet $5, Get $150 in bonus bets. Take advantage today and create some magic this season.

⭐️ BetColorado.com Rating:4.5/5
🔥 Top Feature:Mobile Experience
🎁 Welcome Offer:Bet $5, Get $150 in Bonus Bets
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Bally's Black Hawk West Casino
Must be 21+ to participate. T&Cs apply.

7. Sporttrade Colorado Betting Exchange

One of the most unique online sports betting sites in Colorado goes to Sporttrade. They've taken a different approach compared to what you see with a typical sportsbook. At Sporttrade Colorado you buy and sell contracts, similar to trading stocks. With an easy-to-use app, it's worth checking out the all-new (to Colorado) Sporttrade.

⭐️ BetColorado.com Rating:4.3/5
🔥 Top Feature:Unique form of sports betting
🎁 Welcome Offer:$300 in Cash Back
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Easy Street Casino
Patrons must be 21 years of age or older in order to claim the following Offer and must be physically present in the state of Colorado to place a wager.
clutchbet colorado

8. ClutchBet Colorado Sportsbook

ClutchBet Sportsbook Colorado made its way to the state late Spring 2023. Live in only two states currently, ClutchBet does a great job catering their promotions to the local residents. Make your way to the ClutchBet mobile app or online Colorado sports betting site and you'll see specific Nuggets and Avalanche boosts running right now. The app can be a little clunky but overall a solid sportsbook in Colorado.

⭐️ BetColorado.com Rating:4.3/5
🔥 Top Feature:CBOOST
🎁 Welcome Offer:100% Bet Match up to $250
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Wild Card Casino
Only persons physically located in the state of Colorado are permitted to wager for real money on https://co.clutchbet.com or in app. Must be 21 and over to hold a registered ADSW account. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. Visit https://www.problemgamblingcoalitioncolorado.org/ to learn more.
betrivers colorado

9. BetRivers Colorado Sportsbook

Partnered with the Triple Crown Casinos in Cripple Creek, BetRivers Colorado went live shortly after receiving their online sports betting license in May 2020. Available both on Apple and Android devices, their respectable welcome bonus of up to $250 is one of our favorites available today.

⭐️ BetColorado.com Rating:4.2/5
🔥 Top Feature:NFL Odds Boosts
🎁 Welcome Offer:Second Chance Bet up to $250
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:J.P. McGill's Hotel and Casino
ESPN BET Colorado

10. ESPN BET Colorado Sportsbook

ESPN BET Colorado is live after months of anticipation from the Colorado sports betting market. Their partnership with PENN Entertainment makes this one of the most intriguing sportsbook launches since Colorado legalized sports betting a short few years ago. The user-friendly mobile app paired with a generous welcome offer makes ESPN BET already one of the top betting options in the state.

⭐️ BetColorado.com Rating:4.0/5
🔥 Top Feature:Parlay+
🎁 Welcome Offer:Bet $10, Get $150 in Bonus Bets
📲 Betting App:Yes, Apple & Android
🤝 Colorado Partner:Ameristar Casino Black Hawk
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Newest Colorado Online Sports Betting Sites

With new online sportsbooks come new promotions for you. Below are a couple of the newest options in Colorado:

Fanatics Sportsbook

Merchandising giant Fanatics has jumped into the sports betting world with the launch of Fanatics Sportsbook Colorado. After initially launching in 4 states, Fanatics bought Australian sports betting operator PointsBet as part of its expansion plans in the US. Fanatics doesn't have a retail sports betting location in the state at this time.

Betsafe Sportsbook

In March 2022, Swedish online gambling giant Betsson launched Betsafe Colorado. The brand is partnered with Dostal Alley Casino. The company originally had signed the deal in 2020, but spent the better part of two years ensuring that it was up to code for a Colorado launch. 

How to Sign Up For An Online Colorado Sports Betting Site

With so many sportsbooks to choose from it's easy as ever to start sports betting in Colorado. Below are six steps we recommend you follow when you're choosing between all Colorado sportsbooks available today.

  1. Look at welcome offers and promotions available for new sports betting customers in Colorado. Pick the promotion that suits your betting preferences and that has wagering requirements you can hit (based on how much you expect to wager before the promo expires).
  2. Download your sportsbook app(s) and install on your device. The majority of Colorado's online sportsbooks have iOS and Android apps that can be found in the Apple App Store or Google Play. If not, access online sports betting sites via a browser.
  3. Registering for a sports betting account is a straightforward process. Choose a username, enter personal details and verify your account. You may need to enable geolocation on your device to confirm you are within Colorado state lines.
  4. For whichever of the top CO sportsbooks you choose to download and play on first, make sure to use a promo code to activate the promotion. You may need to enter a promo code or opt in for the welcome bonus. Follow the instructions for your chosen bonus carefully so you don’t miss out.
  5. Make the minimum required deposit for your chosen bonus offer.
  6. You should be good to go. All you need to do is find your favorite sports markets and place your first wager.

Colorado Sportsbook Partners For Online and Retail Sports Betting

Since the Colorado Limited Gaming Control Commision has allowed 21 different sportsbooks a sports betting license you have aplenty to choose from and use. 

Below is a list of each live CO sportsbook as of April 2024 along with who they're partnered with to be afforded a sports gambling license in the state. 

SportsbookPartner
Bally BetBally's Black Hawk East Casino
Bet MonarchMonarch Casino Blackhawk
bet365Century Casinos
Betfred Sports Saratoga Casino Black Hawk
BetMGMMidnight Rose Hotel and Casino
BetRiversJ.P. McGill's Hotel and Casino
BetsafeDostal Alley
BetwayFamous Bonanca Casino Corp.
Caesars Horseshoe Black Hawk Casino
Circa SportsCentury Casino Cripple Creek Hotel
ClutchBetWild Card Casino
DraftKingsBally's Black Hawk North Casino
ESPN BETAmeristar Casino Black Hawk
Fanatics SportsbookDouble Eagle Hotel & Casino
FanDuel Bally's Black Hawk West Casino
NOVIGChamonix Casino
SI SportsbookColorado Grande Hotel and Casino
SmarketsBilly's Casino
Sporttrade Easy Street Casino
SuperbookThe Lodge Casino at Black Hawk
TipicoCentury Casino Tollgate

List of Retail Sportsbooks in Colorado

According to Colorado gaming legislation, all 33 casinos in the state are allowed to operate retail casinos and mobile sportsbooks through partnership agreements. However, as of April 2024, there are only 10 retail sportsbooks in Colorado for in-person betting with nearly all of them located in Black Hawk. As there is no deadline on applications for licenses, the list below could change at any time. 

CasinoSportsbookRetail Location
Ameristar Casino Black HawkAmeristar SportsbookBlack Hawk, CO
Bally's Black Hawk North CasinoDraftKingsBlack Hawk, CO
Bally's Black Hawk West CasinoBallyBetBlack Hawk, CO
Horseshoe Black Hawk Casino HotelCaesarsBlack Hawk, CO
Lady Luck Casino Black HawkCaesarsBlack Hawk, CO
Monarch Casino Resort SpaMonarch Casino BlackhawkBlack Hawk, CO
Saratoga Casino Black HawkBetfredBlack Hawk, CO
Sasquatch CasinoSasquatch CasinoBlack Hawk, CO
The Wild Card SaloonWild Card SaloonBlack Hawk, CO
Golden Nugget Cripple CreekISICripple Creek, CO
Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.

Legal Landscape of Colorado Sports Betting

Sports betting is a thriving industry in Colorado and one that is constantly evolving. This is great news for CO bettors in the state as it means that regulations, rules and laws are always under intense scrutiny. For example, the state government introduced and passed into law the Responsible Gaming Grant Program. This allows support and research groups to seek funding for their programs if those programs help toward creating a positive gaming environment and encourage responsible gaming. 

When it comes to scrutiny of the regulation of the industry, the state government is extremely vigorous. A recent audit carried out by Colorado's Office of the State Auditor revealed that there were some issues with how the industry is regulated. As a result, there will likely be some changes to how license holders are approved, plus other regulatory procedures. This oversight of the regulator offers assurance to everyone interested in Colorado sports betting sites that the state government does all it can to protect its residents. 

Current Colorado Sports Betting Rules & Laws

Not sure what is legal or illegal when it comes to sports betting in Colorado? The Colorado Department of Revenue has provided copies of the rules for the public to review which for a full review you can find over on their website. Below is a compiled list of some of the most important laws you should know.

Only One Account Per Sportsbook

While some users may think this is a rule implemented by sports betting operators, it’s actually state law. It is perfectly acceptable to have accounts at several different online sportsbooks, but you can only have one account at each of these. If you are found to have multiple accounts at one sportsbook, you are breaking the Colorado sports betting law and the accounts will be closed. 

Must Be 21 Or Older

We hit on this above but it's worth sharing again: you must be 21 years or older to do any sort of gambling on sporting events in Colorado. 

Required User Data

Alongside proof of age, CO sportsbooks must have the residential address, phone number, full name, e-mail address, social security number and date of birth of all customers. These are all legal requirements you have to provide to the operator prior to being allowed to place a bet. This goes whether you're signing up at a retail sports betting location or online.

Users Must Be Located In Colorado

All Colorado bettors must be physically located in the state if they wish to place a wager at a Colorado sportsbook. Even if they are a resident of the state and have a valid account but are across state lines, they cannot place sports bets at a Colorado sportsbook. Of course, if the state where they are has legal sports betting, they can be there.

Proxy Betting

Colorado sportsbook staff cannot place wagers on behalf of users at either retail sportsbooks or through online CO sports betting sites. 

Taxes Must Be Paid On All Bets

All sports bets are subject to state and federal taxes. As of 2024 the Colorado gambling winnings tax rate is set at 4.40%.

Responsible Gaming

All users must be warned of the dangers of problem gambling and encouraged to gamble responsibly. This means online sportsbooks must provide detailed information of how to place limits on gambling and how to access those tools. 

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Are Colorado Casinos Legal in 2024?

As stated above there are a total of 33 casinos located throughout Colorado, primarily in Black Hawk. Many of these casinos are home to not only your typical blackjack table but also retail sportsbooks. 

Where casinos in Colorado aren't legal is online. Colorado law, in no way, allows any real money wagers online for any regulated casinos. However, Betrivers has a social casino where you can play for fun. Any offshore casinos you come across online aren't recommended and put you at risk for losing any funds you deposit.

Colorado Sports Teams You Can Bet On

Colorado is a sports-crazy state with a seemingly endless list of professional and amateur teams that locals cheer on. But it’s the professional teams that generally draw sports bettors to the sportsbooks like Sporttrade Colorado.

Denver Broncos

Denver Broncos

The Broncos have signed multiple Colorado partnership agreements with sportsbook operators, including FanDuel, BetMGM and Betfred. Odds on Broncos games can be found at each and every sportsbook and online sports betting platform in Colorado without exception. A couple ideal futures options you can take advantage of include betting on the Broncos playoff chances and the Broncos Super Bowl odds

Denver Nuggets

Denver Nuggets

As you may have guessed, betting on the Denver Nuggets Championship Odds is pretty easy with most sportsbooks offering special bets on Nuggets games throughout the season. 

Colorado Rockies

Colorado Rockies

Looking to build on its U.S. presence, bet365 recently signed a deal to become the official sports betting partner of the Colorado Rockies. You can expect to see many Rockies offers on Colorado sportsbooks throughout the 2024 season.

Colorado Avalanche

Colorado Avalanche

Betting on the Colorado Avalanche is relatively simple, as all sportsbooks in the state carry odds for all NHL games.

Colorado Buffaloes

Colorado Buffaloes

Led by coach Deion Sanders, Colorado football was one of the hottest teams in the country to bet on in 2023, and expectations for the squad are high in 2024. The basketball team, meanwhile, made some noise in the 2024 NCAA Tournament.

Colorado State Rams

Colorado State Rams

Basketball is the big sport for the Colorado State Rams, who made the NCAA Tournament in 2021-22 and should make it again in 2023-24. CSU has played in the Mountain West Conference since 1999.

Air Force Falcons

Air Force Falcons

The Air Force Falcons have enjoyed a hefty amount of success in the Mountain West Conference over the past five years. Air Force has gone on to win the Armed Forces Bowl in each of the last two seasons and has won at least nine games in four of the last five years.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Which Sports Are Legal to Bet On in Colorado?

Below are some of the most popular sports and leagues available for wagering to Colorado gamblers through the state’s many online and retail sportsbooks. Bear in mind that this is only a sample – check out sportsbooks directly if you are looking for a specific sport.

  • 🏁  Auto Racing
  • ⚾️  Baseball
  • 🏀  Basketball
  • 🥊  Boxing
  • 🚴  Cycling
  • 🏈  Football
  • ⛳️  Golf
  • 🏒  Hockey
  • 🏇  Horse Racing
  • 🥍  Lacrosse
  • 🥊  MMA
  • 🏉  Rugby
  • ⚽️  Soccer
  • 🎾  Tennis
  • 🏐  Volleyball
NFL

NFL

The NFL is one of the most popular Colorado sports, and with good reason. While the Broncos have not been in the Super Bowl conversation recently, they have lifted the Vince Lombardi trophy three times and have won the AFC Championship eight times. They're in transition mode right now, with a new quarterback soon coming to town. Meanwhile, our odds for Russell Wilson's next team project where their former leader could land.

NBA

NBA

Now that the NBA Playoffs near, you can be guaranteed that action at local sportsbooks is fierce, with great odds and special parlays available for the majority of regular season games. 

MLB

MLB

The Colorado Rockies have never won a World Series and the only time they made it to the series, they were swept away by the Boston Red Sox. So while betting on the Rockies is popular, you’ll find that once the playoffs roll around, it’s about out-of-state teams.

NHL

NHL

The Colorado Avalanche are the only active team in the NHL to win all of its Stanley Cup Appearances. That’s an impressive stat, so it’s no surprise that NHL betting is pretty big here in Colorado. The most recent win is pretty fresh in the memory, coming in the 2022 season when the Avalanche beat the Tampa Bay Lightning.

NCAA

College Sports

Colorado is one of several states that allows betting on college sports that involve in-state teams. There are a number of Colorado college sports teams to bet on from the Colorado Buffaloes to the Air Force Falcons. There is one restriction, however, when deciding on legal sportsbooks to bet on; individual proposition wagers are not allowed on any college sports.

Do I Have To Pay Colorado Taxes On My Sports Betting Winnings?

Yes, all winnings from any form of gambling must be declared as an income in Colorado. This means winnings from sports betting are subject to the standard income tax rate of 4.4%. This is payable on all sports betting winnings no matter how big or small. It’s also worth noting that this is only the state tax rate. Federal income taxes must also be paid on any winnings at a rate of 24%. 

If, for example, you won $1,000 on the Denver Broncos playoff odds, you’d have to pay $44 in state taxes and $240 in federal taxes. 

Colorado sportsbook operators are obliged to report gambling winnings over a certain threshold. At the time of writing, this threshold is $600 for sports betting. Once you hit that threshold, the operator must issue a W-2 G that you must fill out. The W-2 G form is held for the IRS and your yearly tax return will be cross-referenced against any W-2 Gs held by sportsbooks to ensure that you have declared all your winnings as income and have paid the required taxes.

Fortunately, we have a Colorado gambling tax calculator to answer any questions that you may have. 

Responsible Gambling in Colorado

The Colorado state government takes responsible gaming very seriously and has strict guidelines for each and every sports betting and gambling operator in the state. All sportsbook providers must offer tools and features that allow gamblers to gamble responsibly. These includes self-exclusion programs and limits for deposits, spending and losses, among others. 

The Problem Gambling Coalition of Colorado also works closely with the Colorado Gaming Association to offer a voluntary self-exclusion program. This is available for all gamblers and can apply to both retail and online Colorado sports betting industries. 

Resources For Responsible Gambling In Colorado

Here are some useful resources and contact information for responsible gambling support in Colorado. This information should be available on all Colorado sports betting sites.

Colorado Gamblers Anonymous – The group provides information for those with gambling problem including local meetings and support groups.

Problem Gambling Coalition of Colorado - Coalition provides educational and treatment options for gamblers in Colorado.

How Colorado Protects Sports Bettors

The Colorado state government recently approved the "Responsible Gaming Grant Program" bill that would set aside a portion of all gambling taxes for responsible gaming measures and initiatives.

In addition, the Department of Gaming sets out strict rules and consumer protections designed to ensure that Colorado bettors are protected at all times. This includes a rigorous vetting process for all license holders so bettors know that they are gambling at a safe and reliable sportsbook. 

It’s also possible for sports bettors to file a complaint with the Colorado Division of Gaming. Once the complaint is filed, the Division will look into your complaint and launch a full investigation if required. 

How to Contact Colorado Sportsbooks

There are plenty of ways to reach out to each of the 21 legal sports betting sites in Colorado, whether it's by phone, email or live chat. Here's how to contact each of the legal CO sportsbooks:

🏈 Sportsbook📞 Phone📧 Email
Bally Bet CO844-844-3238[email protected]
Bet Monarch CO303-582-1000[email protected] 
bet365 CO1-833-754-8200[email protected]
Betfred CO1-757-505-7137[email protected]
BetMGM CO719-297-9169[email protected]
BetRivers CO1-888-307-0777[email protected]
Betsafe CON/A[email protected]
Betway CO1-540-755-4064[email protected]
Caesars CO1-855-474-0606[email protected]
Circa Sports CON/A[email protected]
ClutchBet CO888-368-2221[email protected]
DraftKings CO1-855-357-2377[email protected]
ESPN BET CON/A[email protected]
Fanatics CON/A[email protected]
FanDuel CON/A[email protected]
NOVIG CO1-917-310-4992[email protected]
SI Sportsbook CO833-451-8003[email protected]
Smarkets CON/A[email protected]
Sporttrade CO215-287-1165[email protected]
SuperBook CO855-755-0155[email protected]
Tipico CO1-551-303-2740[email protected]
Colorado Sports Betting Tips

Tips For Successful Sports Betting In Colorado

One of the best tips you’ll ever get for successful sports wagering in Colorado is to always shop around. Now, you may think that this means shopping around for the best welcome bonus and, while this is a good tactic, it’s not all you should be doing. We actually recommend that bettors take full advantage of multiple welcome bonuses and open accounts with several sportsbook platforms.

The idea here is not just to get the most value for money through those welcome bonuses but to also give yourself options. For example, if you decide to back the Denver Nuggets to retain their NBA Championship, you may find that odds can vary a bit from one sportsbook to the next. You may also find that the likes of PointsBet (the Nuggets official sports gambling partner) may have some special deals on this type of wager. 

The key here is to remember that just because you are a customer of one online sportsbook doesn’t mean that you cannot be a customer of others. Always look for value and always wager only what you can afford to lose. 


BetColorado.com is an independent sports betting comparison website with affiliate links. What that means is if you click on one of our links that directs to an operator and you make a deposit, we’ll receive commission payment at no extra cost to you. Our operator reviews and recommendations for Colorado sports betting apps and more are impartial as our editorial standards are commercially independent and follow a professional methodology.


Responsible Gambling

All licensed Colorado online sports betting operators should have a strong commitment to responsible gambling.

Every Colorado sports betting site should feature a prominent responsible gambling section containing a wealth of advice about how to keep your wagering under control.

This should include links to agencies, such as the Problem Gambling Coalition of Colorado and the National Council on Problem Gambling, that can offer expert help and support.

Colorado Sports Betting FAQ

Author

Ciaran has written for both the sports betting and iGaming industries for over a decade. He is a true sports fanatic, and he covers a wide range of sports and online casinos in Ontario for BetColorado.com, but his first love will always be soccer.

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