How to Bet on the NBA in Colorado
Betting on the NBA is as simple as any other sport and after reading this section, you'll be ready to place your first wager.
Choose Your App
First things first - you need to figure out what Colorado betting apps you want to use. Because of the popularity of the NBA, all operators have plenty of ways to get in on the action. If you're planning on sticking to wagers like moneylines and spreads, you'll find those everywhere. For those looking for player props, live bets, and other similar markets, it's worth checking out multiple operators because the depth and variety will be different from site to site.
Here are a few of my favorite apps for betting on the NBA and where each stands out:
- bet365 CO: Best for early payouts
- FanDuel CO: Best for overall user experience
- Fanatics Sportsbook CO: Best for loyalty program (can use FanCash toward new merch)
- Caesars CO: Best for daily odds boosts
- BetMGM CO: Best for Colorado sports fans
- DraftKings CO: Best for live betting and player props
- Sporttrade CO: Best for unique betting experience
Regardless of the types of wagers you want to place, I always recommend signing up for multiple betting apps. This will allow you to compare NBA odds and betting lines to find the best price and, therefore, the best potential payout.
Claim Your Welcome Offer
Unless specifically stated, all Colorado betting promos can be used for NBA wagers. In addition to the new user welcome offers shown below, existing customers can expect to find ongoing promotions throughout the season. This will include things like profit boosts, bet insurance, and more.
- 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VT, VA, WV, or WY only. Must apply this promotion in your bet slip and place a $1+ cash wager with odds of - 500 or longer each day for 10 straight days. Your 10 days begin the day you establish your account. Wager must settle as a loss to qualify for Bonus Bets. Bonus Bets will equal the amount of the losing wager(s) (up to $100 in Bonus Bets per day) and expire 7 days from issuance. This offer is not available in New York. Terms apply- see Fanatics Sportsbook app. Gambling problem? Call 1-800-522-4700, CT (888) 789-7777, IA 1-800-BETS-OFF, MA 1-800-327-5050, VA 1-888-532-3500
Pick Your Wager
After you've decided which operator you want to go with and claimed the sign-up bonus, you're ready to place your bet! The wager types listed below are just a handful of the most popular kinds of bets and not an all-encompassing list.
- Spread - You can think of the spread as an attempt for sportsbooks to "even the playing field". The team that is favored will essentially have points subtracted from their total, while the other team will have points added. For example, if the Nuggets were listed as -6.5 on the spread, this means they would have to win by at least 7 points to cover the spread. If Denver was +2.5-point underdogs, they could lose the game by two points and still cover the spread.
- Total - When betting on the total, or over/under, you're wagering on the number of combined points between two teams. If the total were 146.5, over bettors would need at least 147 points to win their wager while under bettors would need 146 or fewer.
- Moneyline - The simplest bet in sports, the moneyline is just betting on who you think will win the game.
- Parlays - An NBA parlay is when you combine two or more wagers into a single bet slip. The allure of combining multiple bets, referred to as legs, is the odds increase with each selection added. The downside is each of your legs have to hit for a successful parlay, making these types of wagers riskier than straight bets.
- Player Props - Instead of betting on the outcome of a particular game, player props allow you to wager on statistics of individual players. This could be something like Nikola Jokic points, rebounds, and assists or the number of three-pointers Jamal Murray has in a given game.
- Futures - As the name implies, futures markets are centered around bets that typically won't be settled until the end of the season. Futures wagers include markets like the championship, conference winners, and MVP award winner.
Popular NBA Odds in Colorado
Here are some examples of popular NBA odds and markets that Colorado bettors might be interested in.
Upcoming NBA Games
2024-2025 NBA Champion
2024-2025 Western Conference Champion
2024-2025 Northwest Division Champion
2024-2025 NBA Regular Season MVP
Colorado NBA Betting FAQs
Yes, betting on the NBA is legal in Colorado as long as you are at least 21 years old. This includes both mobile apps and retail sportsbooks.
The best sportsbook for betting on the NBA is entirely dependent on each individual's betting style, but we recommend operators like bet365, FanDuel, DraftKings, BetMGM, Caesars, and Fanatics. These sportsbooks cover all the bases and are easy to use.
Author
The experts at BetColorado who bring you the latest updates in Colorado sports betting. We pull together decades of experience to give you analysis as well as comparisons of the best CO online gambling apps.