DraftKings Colorado Promo Code: Bet $5, Get $150 in Bonus Bets + Daily No Sweat SGP for NBA Playoffs

Fact Checked by Blake Weishaar

DraftKings Sportsbook Colorado gives you access to a huge selection of great features and bonuses. Join me as I review in detail the many reasons why this is one of the leading operators in today's Colorado sports betting market and how you can access the DraftKings Colorado promo code.

DraftKings Colorado Promo Code for May 2024

๐ŸŽ DraftKings Promo Code Colorado:Click to Claim!
๐Ÿ’ฐ DraftKings Colorado Promo:Bet $5, Get $150 Instantly + Daily No Sweat SGP for NBA Playoffs
๐Ÿ’ต Minimum Bet:Minimum: $5
โœ๏ธ Terms & Conditions: Get bonus bets instantly; unused bonus bets expire after 7 days
โœ… Promos Last Verified:May 17, 2024

What is the DraftKings Colorado Promo?

The DraftKings Colorado promo available today scores new users a Bet $5, Get $150 in Bonus Bets Instantly sign-up offer. You will also get one (1) Daily No Sweat SGP for the NBA Playoffs. Keep in mind, however, you can't combine a bonus bet credit and no sweat same game parlay.

Considering the low initial cost and the fantastic two-part offer, this stacks up as one of our favorite Colorado sports betting promos.

Do I Need a DraftKings Colorado Promo Code?

There is no DraftKings Colorado promo code required to claim the welcome offer. As long as you register with one of our exclusive promo links and deposit at least $10, the sign up bonus will be automatically applied to your account. 

DraftKings Sportsbook Colorado Promo Terms & Conditions

As with all other welcome offers, there are terms and conditions associated with the DraftKings promo in Colorado. We wanted to break down some of the key things you should know as a new user, but this list is not intended to be all-encompassing.

  • โœ… Minimum Deposit: $10
  • โœ… Minimum Bet: $5
  • โœ… Maximum Bet: No maximum bet listed
  • โœ… Time Limits: Seven days to use bonus bets
  • โœ… Payout: Bonus bet stake not included in any payouts on winning bets

Additionally, your bonus bets will be deposited as six $25 credits. The credits must be used in full and can't be split into multiple wagers. Looking at the last bullet point above, this means if you win a wager using a bonus bet, the $25 credit is not included as part of your winnings. 

Additional DraftKings Colorado Promos

There are several other DraftKings Colorado promos you can enjoy in addition to the Bet/Get sign up offer. Be sure to check the terms and conditions so you understand exactly what you have to do to get the maximum benefit of any offer.

Same Game Parlay Profit Booster

The opportunity to combine several outcomes within a single game is increasingly popular with sports bettors. Look out for the chance to boost your same-game parlay profits, usually by between 33% and 50%. This is most commonly offered on sports such as NBA, NHL, NFL, and college football.

Odds Boosts

DraftKings odds boosts are applied at the point when you have selected a bet you want to place. Tap the "Bonus Available" section on your bet slip and you will see if an odds boost can be applied, which must be done before you place your wager. Other odds boosts come in the form of Odds Surges, which are applied in a similar way but have the same effect of enhancing the amount you will win on that particular bet.

Offers On Popular Events

DraftKings Sportsbook is one of the best online sports betting operators when it comes to special bets on the top sporting occasions. These offers may come in the form of profit boosts, extra value on point spreads, and odds boosts, and you should not need a DraftKings promo code Colorado to take advantage.

How to Sign Up For A DraftKings Sportsbook Colorado Account

Signing up for an account with DraftKings is easy and it only took me a few minutes to go through the process. I listed out all the steps below:

  1. โœ… Click the visit site button below.
  2. โœ… Enter a username, email address, and a strong password.
  3. โœ… You may be asked for a promo code, but this is optional. You do not need a promo code to trigger a welcome bonus.
  4. โœ… On the next page, enter the required personal information such as your full name, date of birth, and home address.
  5. โœ… DraftKings' software will verify your identity and your location.
  6. โœ… Once your account is verified, you can make your first deposit and start betting!

DraftKings Rewards Program

Every time you place a real-money wager, you can add to your balance in the DraftKings rewards program, which is known as Dynasty. Any form of wagering qualifies, including the DraftKings casino and fantasy games, as well as sports betting.

There is also an invite-only VIP program that promises extra services, personalized offers and exclusive experiences.

Dynasty has five tiers - Bronze, Silver, Gold, Diamond, and Onyx. For every $2 you stake, you earn one crown; and the border between Bronze and Silver sits at 25,000 crowns, meaning you need to wager $50,000 to cross it. Your balance, therefore, determines your status each year - and it returns to zero at the start of each year.

This underscores the need to remember that rewards programs and VIP schemes are not free, and they are not cheap. Never go beyond your comfort zone and spend more money and time than you can afford in an attempt to qualify for reward points or a VIP invitation.

If you're looking for other rewards programs, check out the BetRivers Colorado sportsbook

Everything You Need To Know About DraftKings Sportsbook Colorado

The DraftKings online sportsbook was one of the first sports betting apps in Colorado when it went live in May 2020 thanks to its partnership with the Mardi Gras Casino. Many sports fans in the state had already been familiar with DraftKings for some time thanks to its top-of-the-line DFS product.

Since then, the DraftKings Sportsbook has been one of the preferred destinations for many sports betting enthusiasts and is always high on the table for handle and revenue here and elsewhere.

It sets out to check every box a sports bettor could want, with a strong focus on user experience, a wide range of sports betting markets, numerous offers, and of course DraftKings sportsbook promos. There is also an impressive DraftKings online casino in the states where it is legally allowed to operate, while the firm continues to offer DraftKings fantasy sports games โ€“ the arena in which it first made its name.

Pros & Cons Of DraftKings Colorado Sportsbook

Range of sports and markets
Outstanding user experience
Frequency of offers and new bonuses
Home screen can be overwhelming
Occasional glitches on their mobile app

Sports to Bet on at DraftKings Sportsbook

The A-Z list of sports on which you can enjoy legal sports betting at the DraftKings sportsbook covers a huge range of opportunities. As you would expect, there is a strong focus on leading American sports, and it is no surprise to find markets for the NFL, NBA, MLB, NHL, and college sports in the Popular section. So if you're looking for the Nuggets odds to win the NBA Championship, DraftKings has 'em.

However, if you like to cast your net further afield, and want to bet on popular international sports such as soccer, tennis, golf and auto racing, you will find them all here. And even more niche options such as snooker, lacrosse and cornhole appear on the list โ€“ though the range of markets here may be slightly less extensive.

๐Ÿ‰  Aussie Rules๐ŸŽฎ  E-Sports๐Ÿ  NASCAR
โšพ๏ธ  Baseball๐Ÿˆ  Football๐Ÿ‰  Rugby League
๐Ÿ€  Basketball๐ŸŽ  Formula 1๐Ÿ‰  Rugby Union
๐ŸฅŠ  Boxingโ›ณ๏ธ  Golf๐ŸŽฑ  Snooker
๐ŸŒฝ  Cornhole๐Ÿคพ๐Ÿปโ€โ™€๏ธ  Handballโšฝ๏ธ  Soccer
๐Ÿ  Cricket๐Ÿ’  Ice Hockey๐Ÿ“  Table Tennis
๐Ÿšด  Cycling๐Ÿฅ  Lacrosse๐ŸŽพ  Tennis
๐ŸŽฏ  Darts๐ŸฅŠ  MMA๐Ÿ  Volleyball

This is unquestionably one of the features of the DraftKings sportsbook that makes it a preferred option for many sports enthusiasts who like to bet online on their favorite teams and leagues.  

Popular Sports Betting Options

People like to place bets on sports in various ways, and the DraftKings sportsbook app and website make that possible. Check out your favorite sport, and upcoming games, and you'll find all the options you require.

Features Available at DraftKings Sportsbook

So, what are some of the features that make the DraftKings sportsbook the preferred choice of so many online sports betting fans?

Personalization

All online businesses, including those who operate in the sports betting market like Fanatics CO sportsbook, appreciate that creating personalized digital experiences increases customer engagement. DraftKings sportsbook's sophisticated analytics technology works out the types of bet you like to place, and the sports you prefer, and shapes its messaging so you feel more at home.

Stats Hub

Opening a DraftKings account gives you the chance to use the Stats Hub that appears on the coupon for all major games. It's packed with relevant information such as previous meetings between the teams, recent results, in-game stats, and even an indicator of the true mathematical probability of each side winning.

Depth Of Betting Options

What really impresses is the sheer number of wagering opportunities on every event that makes this book stand out. Take the point spread: Rather than offer a single option, each game comes with a host of alternate spreads so that you can find the one that fits precisely with your opinion of how a game will go.

Pool Contests

These sportsbook pools represent an opportunity to pit your knowledge and the strength of your convictions against fellow bettors, which in turn adds to the social element of this online sportsbook. And they are available on a daily basis. Outstanding.

Banking With DraftKings Sportsbook

Your preferred online sportsbook should make it as easy as possible to deposit money, and to withdraw it, too. DraftKings scores highly in this respect. It offers a variety of ways to place money in your DraftKings account, as well as several methods for taking funds out.

Making A Deposit

Check out the DraftKings sports betting website or the DraftKings app for full details of the ways in which you can organize your finances. You should find the following methods available.

  • ๐Ÿ’ฐ  Credit/Debit Cards (Visa, Mastercard & Discover)   Select Debit or Credit from the deposit screen and enter your card details. The minimum deposit is $5, except for Discover where it is $10.
  • ๐Ÿ’ฐ  E-Check   You can use VIP Preferred; choose this option and enter your bank account and ID details. Minimum deposit is $5.
  • ๐Ÿ’ฐ  Online Banking   Connect your bank account to your DraftKings account so that you can use your personal banking details to deposit a minimum of $5.
  • ๐Ÿ’ฐ  Wire Transfer   Select this option on the deposit screen and note the DraftKings banking details you'll need. The minimum deposit is $100.
  • ๐Ÿ’ฐ  PayPal   Select PayPal on the deposit screen and enter your PayPal login details. Minimum deposit is $5.
  • ๐Ÿ’ฐ  Play+ Prepaid Card   If you have such a card, choose the option on the deposit screen and enter your details to deposit at least $5.
  • ๐Ÿ’ฐ  Venmo   Choose this option on the deposit screen and you can deposit up to $2,999.99 per transaction.
  • ๐Ÿ’ฐ  Cash   To deposit at a retail location, such as Family Dollar or 7-Eleven, select Cash on the deposit screen and you'll get a one-time barcode. You should also be able to deposit cash at a land-based partner casino, such as the Mardi Gras Casino in Black Hawk, which has a retail sportsbook run by DraftKings.

Making A Withdrawal

It's incredibly important to check the list of methods that you can use to withdraw money from your sports betting account. If that list doesn't include an option available to you, you could be unable to take funds out. DraftKings offers a satisfyingly large number of ways in which you can take money out of your account. In most cases, there is no minimum sum for withdrawal. The maximum amount varies between methods โ€“ as does the length of time it can take for the money to arrive in your personal account.

  • ๐Ÿ’ฐ  Online Banking   You can take out up to $100,000, and the money should arrive within five days.
  • ๐Ÿ’ฐ  E-check   Using VIP Preferred, your money should be with you in three days and you can take out up to $100,000.
  • ๐Ÿ’ฐ  PayPal   Your maximum withdrawal is $60,000, and you should have the money in two days or less.
  • ๐Ÿ’ฐ  Debit Card   The upper limit is only $25,000, but it should reach you within one day.
  • ๐Ÿ’ฐ  Venmo   The maximum sum is $20,000, and it should take less than two days to arrive.
  • ๐Ÿ’ฐ  Play+ Prepaid Card   Your limit is $25,000, and it can take up to four days to reach you.
  • ๐Ÿ’ฐ  Check   You have to withdraw a minimum of $15; the length of time it takes for the money to arrive depends on the size of the check.
  • ๐Ÿ’ฐ  Wire Transfer   Your minimum withdrawal is $20,000 the first time, and $10,000 after that; the money should reach you in two days.
  • ๐Ÿ’ฐ  Cash   The upper limit is $100,000, and you should have the money in your hand within an hour.
  • Check
  • ACH Transfer
  • PayPal
  • MasterCard
  • VISA
  • Play+
  • Bank Transfer
  • Discover

What Can Colorado Sports Bettors Can Expect At DK?

When you get into the nuts and bolts of actually using BetMGM, you'll find that both the site and app are easy to navigate and make the kinds of wagers that appeal to you. That's not all, though. You get a complete legal sports betting experience that's secure and comes with a loyalty program with perks for frequent players.

User Interface

If you're like me, you'll access your sportsbooks both on your phone and an on your laptop. No matter, thanks to the DraftKings Colorado user interface, it will be easy for you to do your research and place your wagers on both.

Desktop User Experience

The DraftKings sports betting platform for desktop users is beautifully designed. It's easy to find the sports you want to bet on; and the balance between the need to promote special offers and to display the latest live betting opportunity is absolutely right.

Like many online casinos and sportsbooks, the dominant color is black, which always seems to work better on an app than a desktop; but all the information is perfectly clear, and the navigation from page to page is virtually instant. All in all, this is a flawless, elite experience.

App User Experience

Yes, the desktop experience is excellent โ€“ but, if possible, using the DraftKings sportsbook mobile app is even better. The DraftKings sports betting app can be downloaded from the Apple App Store for iOS devices, and from Google Play for Android devices. Its ratings at each suggest it is held in very high regard, though some recent users have reported it can be sluggish at times.

All the sports betting markets and features of the website are available on the DraftKings sportsbook app. This is a brand that was quick to embrace the concept of mobile-first, and the investment of time and money in the creation and refinement of an outstanding sports betting app has clearly been worth it.

Security Offered

The issue of security is particularly relevant for DraftKings in the wake of the breach that exposed the personal information of nearly 68,000 customers in November 2022. DraftKings put additional fraud alerts in place, and refunded up to $300,000 that was stolen during the incident. That shows immediate accountability, and is the kind of integrity that earns trust.

All personal and financial data is protected here by SSL encryption technology, while DraftKings requests that all users play their part by using unique passwords that are changed every few months. Those passwords need to be complex as well, mixing letters, numbers and symbols. Never share your passwords. Make them unique for each site you visit.

How To Bet Responsibly at DraftKings Sportsbook Colorado

DraftKings takes seriously its duty to encourage people to wager responsibly at all times, mindful of the risk that for a small minority of bettors, sports betting might lead to a gambling problem.

The Responsible Gaming tab on the home page of the site leads to a page packed with useful advice on a range of subjects such as setting limits and being aware of the warning signs.

There are also numerous links to agencies with expertise in helping those who are worried they might be developing a gambling problem, such as the National Council on Problem Gambling.

How to Contact DraftKings CO Customer Service

Itโ€™s refreshing to be able to report that DraftKings Colorado offers several ways in which you can get in touch to bring up an issue or ask a question. The quickest route to an answer is by using the live chat function, which is now operating 24/7 and is staffed by professionals rather than chatbots. You also can connect by email to, which should give you a reasonably quick answer and without waiting on hold on your end. For less urgent queries, check out the extensive FAQ section. DraftKings also has a Twitter feed, which is extremely active.

  • Live chat: Support runs 24/7
  • E-mail support: [email protected]
  • FAQ section
  • Twitter/X: @DKSportsbook

My Opinion on DraftKings Sportsbook in Colorado

Itโ€™s very hard not to conclude that DraftKings fully deserves its place among the elite online sportsbooks currently operating in Colorado. This is, quite simply, a fantastic sportsbook. The range of sports covered, and the depth of markets available on those sports โ€“ which is always the first thing I look at when reviewing a sportsbook โ€“ is undeniably impressive. 

In that context, itโ€™s surprising that the terms of the deposit match bonus are so complex, and require serious investment to reap the full benefit. This, and the level of staking needed to move up the tiers of the rewards program, feels out of tune at a sportsbook that has a minimum investment of just $5 and is an ideal place for a novice bettor to start.

You can argue that there are far more pluses than minuses here. The user experience on the desktop and at the mobile app is outstanding, and the overall impression is of a highly professional, progressive and impressive brand that is worthy of a visit if you are contemplating where to do your sports betting.    


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, weโ€™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.


DraftKings Colorado Sportsbook FAQ

Author

Award-winning contributor with decades of covering sports betting and casino gaming around the world, Martin Booth is one of the most trusted voices in online gambling.

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