Best Colorado Sports Betting Promos: New Users Get $3K in Bonus Bets

Fact Checked by Blake Weishaar

If you're looking for Colorado sportsbook promos to choose from you've come to the right spot. The Colorado sports betting market is ripe with over $3,000 in bonuses and welcome offers to choose from. Below, we broke down some of our favorites and help you understand the nuances of each promotions available today.

Best Colorado Sportsbook Promos Today 

Verified Offers Verified By Our Experts
1
Best Choice
BetMGM Sports
Best Choice
Visit BetMGM.com for T&Cs. Must be 21+. CO only. New Customer Offer. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable bonus bets. Bonus bets expire in 7 days from issuance. Gambling Problem? Call 1-800-GAMBLER
Live Betting
Live Support Chat
Same Game Parlay
Deposit To Qualify
20
Promo Code
BETCOMGM
2
Live Betting
Live Support Chat
Same Game Parlay
Deposit To Qualify
10.00
Promo Code
BETCO1000
3
Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+. T&Cs apply.
Live Betting
Live Support Chat
Same Game Parlay
Deposit To Qualify
10
Promo Code
Not Required
4
Live Betting
Live Support Chat
Same Game Parlay
Deposit To Qualify
5
Promo Code
Not Required
5
Live Betting
Live Support Chat
Same Game Parlay
Deposit To Qualify
5
Promo Code
Not Required
6
Live Betting
Live Support Chat
Same Game Parlay
Deposit To Qualify
$10
Promo Code
SPORTS

Table of Contents

BetColorado Promo Codes

Colorado Sportsbook Promo Codes & Bonuses Available In November 2023

Searching for all the available Colorado sportsbook promo codes available can be tiresome. That's why we've compiled all that are currently live today into one table so you don't need to search any more. Each code listed in the table below has been verified and can be used to take advantage of any Colorado sports betting promos today.

🎁  ESPN BETBETCO ($250)
🎁  BetMGM SportsbookBETCOMGM ($1,500)
🎁  Caesars SportsbookBETCO1000 ($1,000)
🎁  Bet365 SportsbookCLICK HERE
🎁  BetRivers SportsbookSPORTS ($250)
🎁  DraftKings SportsbookBet $5, Get $150 + Daily No Sweat SGP Tokens
🎁  FanDuel SportsbookBet $5 Any ML, Get $150 in Bonus Bets With Win
✅  Promo Codes Last VerifiedNovember 29, 2023

However you like to wager, and whichever sports you like to bet on, you should find a welcome bonus that suits you down to the ground. And remember that it's a best betting practice to open accounts at multiple sportsbooks to get the most out of all the available Colorado sports betting apps

Top Sporting Events For This Week's Colorado Promos

There's only one day a year when there's no sporting events taking place across the United States, whether it's professional or college sports. Depending on your sport of choice, it's hard to argue there's a great sports season not only in Colorado but across the country than the fall sports season. With football kickoffs, the NBA and NHL seasons starting in October, and playoff MLB baseball, it's difficult to find something not to use a Colorado sports betting promo code on.

Here are some of the top events coming up for you to look forward to:

  • 🏀 NBA (Nov. 12-Nov. 19): The Denver Nuggets continue their path of defending their NBA Championship with two home games out of the upcoming three games this week. Check out the bet365 Colorado bonus offer of a First Bet Safety Net up to $1000.
  • 🏈 NFL Week 11 (Nov. 16-Nov. 20): The Week 10 NFL schedule kicks off with Thursday Night Football featuring the Ravens and Bengals before another full slate of games on Sunday. Make sure to check out the BetMGM Colorado bonus code STATESFB200 for a Bet $10 Get $200 offer to use on NFL games this weekend.
  • 🏒 NHL (Nov. 12-Nov. 19): The NHL is back and the Avalanche are splitting home and away games with one each this week. Check out the FanDuel Colorado promo Bet $5 any moneyline Get $200 in bonus bets with win for these games and more. 

Today's Top Colorado Sports Betting Promos

Below is a list of some of the best Colorado sportsbook promotions we've picked out. Sportsbooks including BetMGM, DraftKings, FanDuel, and more are offering competitive welcome offers to new users in Colorado, as well as odds boosts and other bonuses for ongoing users. We broke down each promo to give you the key information you need to know before choosing one (or more!) and signing up.

ESPN BET Colorado Promo Code

ESPN BET Colorado: $250 in Bonus Bets Instantly

With ESPN BET Colorado promo code BETCO, new users get $250 in Bonus Bets instantly. The best thing about their welcome offer is there’s no minimum-bet requirements meaning you’re eligible no matter how much you wager on your first bet.

Key ESPN BET CO Promo Information

  • Welcome Bonus: $250
  • Promo Code: BETCO
  • Eligibility: New Users Only

How to Claim the ESPN BET CO Promo

To be eligible for the ESPN BET promo in Colorado all you need to do is use BETCO when you sign up. You’ll then be eligible for the $250 in Bonus Bets instantly.

Why We Like This Promotion

With no minimum-bet requirements ESPN BET made it easy to love their welcome offer. On top of it you get your bonus bets instantly added to your account.

Additional ESPN BET Promos

  • $1000 Deposit Match
  • ESPN BET Bristol Experience
  • Primetime Power Hour
  • Bet Protection

ESPN BET Welcome Bonus Pros & Cons

Advantages
No minimum wager for promo
Easy to opt in with promo code BETCO
Get bonus bets instantly
Disadvantages
Not a high dollar amount
24 hours to receive final $50 bonus bet
BetMGM Colorado sportsbook logo

BetMGM Colorado: $1,500 First Bet Offer or $200 Instantly

Use BETCOMGM when signing up on the BetMGM Sportsbook to get access to its first bet offer up to $1,500. If that doesn't excite you, use STATESFB200 and bet $10 to get $200 instantly added into your account.

One of the highest-rated betting apps in Colorado, the BetMGM sportsbook app is one of the largest and best-known sports betting operators in the United States. From a very broad selection of sports to great customer service, you cannot go wrong with the king of sportsbooks. And today you can be well on your way to winning some extra money this week.

You can learn more about the BetMGM Colorado promo and app from one of our many betting experts in the state.

Key BetMGM CO Bonus Details

  • Welcome Bonus: $1,500 or $200
  • Bonus Code: BETCOMGM or STATESFB200
  • Eligibility: New users only
Visit BetMGM.com for T&Cs. Must be 21+. CO only. New Customer Offer. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable bonus bets. Bonus bets expire in 7 days from issuance. Gambling Problem? Call 1-800-GAMBLER
Visit BetMGM.com for T&Cs. Must be 21+. CO only. New Customer Offer. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable bonus bets. Bonus bets expire in 7 days from issuance. Gambling Problem? Call 1-800-GAMBLER

How to Claim the BetMGM CO Bonus

To claim the BetMGM $1,500 first bet offer, sign up for a new BetMGM account, deposit funds, enter the promo code, and place your first bet. If the bet loses, your stake will be refunded with bonus bets, up to a value of $1,500

Why We Like This Promotion

You won't find a sportsbook promo with a value of $1,500 very often. This BetMGM welcome offer has a huge potential value, and it lets you really go for it on your first bet without the same consequences as a normal wager if it loses.

Additional BetMGM Promos

BetMGM has some other Colorado sports betting bonuses available, including one other welcome offer and some additional offers for ongoing users.

  • Touchdown in Vegas Sweepstakes
  • Las Vegas Speed on the Strip Sweepstakes
  • Refer A Friend, Get $100 in bonus bets

BetMGM Welcome Bonus Pros & Cons

Pros
$1,500 is a great value
Lots of flexibility for the bet you place
Minimum bet is only $10
Cons
No value if your bet wins
Bonus bets are paid in 5 increments of 20% of the initial wager
Caesars Sportsbook Colorado Logo

Caesars Sportsbook Colorado: $1,000 First Bet

This is a great place for online sports betting bonuses, and the Caesars Sportsbook triggers an excellent offer. It's one of the best introductory bet offers in the sports betting market: $1,000 First Bet on Caesars using promo code BETCO1000. Subsequent offers here include a healthy supply of odds boosts, and there's a strong focus on enhancements to same-game parlays.

Check out our expert review covering the Caesars Colorado promo and more.

Key Caesars Sportsbook CO Promo Information

  • Welcome Bonus: $1,000
  • Bonus Code: BETCO1000
  • Eligibility: New users only

How to Claim the Caesars Sportsbook CO Bonus

The Caesars Colorado sports betting promo code is an awesome welcome offer available to Colorado bettors. This promo can be claimed be signing up for a new account, entering the sportsbook promo code BETCO1000, and placing a qualifying wager.

Why We Like This Promotion

The First Bet On Caesars promotion is a great Colorado sportsbook promo because it allows you to bet up to $1000 for your first bet with no regrets! If your first bet loses, you'll receive that same stake back in bonus bets

Additional Caesars Sportsbook Promos

Caesars Sportsbook has several ongoing promotions for existing users in addition to the welcome offer.

  • Bet The Board (bet on qualifying NFL games for the chance to earn bonus bets)
  • 50% NFL Same Game Parlay Profit Boost
  • Pro Hockey Futures Bet & Get

Caesars Welcome Bonus Pros & Cons

Pros
Great value for a bet & get style promo
If your first bet wins, you still get the credits
Other welcome bonuses available
Cons
$50 is a larger initial wager requirement
If your first bet loses, it might be difficult to win your stake back with the bonus bets
bet365 Sportsbook Colorado Logo

bet365 Colorado: $1000 First Bet OR Bet $5 Get $150

You have your choice of one of two offers with bet365 - either a $1000 First Bet Safety Net OR a Bet $5 Get $150 in bonus bets INSTANTLY. It's fantastic to know that with the bet $5, get $150 in bonus bets promo you will have so many credits filling your online wallet so quickly, making a perfect opportunity for you to try out new wagers and new sports with protection.

With a nuanced offer like the bet365 Colorado bonus, read our experts' review.

Key bet365 CO Promo Information

  • Welcome Bonus: $1000 or $150
  • Eligibility: New users only
Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+. T&Cs apply.
Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+. T&Cs apply.

How to Claim the bet365 CO Bonus

The bet365 welcome offer couldn't be easier to claim—just sign up for a new account, enter the promo code, deposit $10 or more, and then make your choice between these bet365 Colorado sports betting promos. For the First Bet Safety Net, you can wager up to $1,000 and if that first bet loses, you'll get the stake back in bonus bets. For the Bet $5 Get $150 there isn't much else to say, simply make your first bet of $5 and you'll instantly receive $150 in bonus bets. 

Why We Like This Promotion

This sports betting bonus gives Colorado bettors a choice between two great promos with a top-notch sportsbook in bet365. The First Bet Safety Net allows bettors to place their first bet with no fear of losing while the Bet $5 Get $150 instantly grants bonus bets. 

Additional bet365 Promos

Once you set up your bet365 account, you can access some additional great offers from this sportsbook.

  • Bet $20 on NFL Sunday Get $10
  • Baseball early payout offer
  • NFL early payout offer
  • 70% Parlay Boost

bet365 Welcome Bonus Pros & Cons

Pros
Super low initial wager requirement
Solid guaranteed value
Bonus bets come whether or not your first bet wins
Cons
$10 minimum deposit
No hedging/backing of bets
DraftKings Colorado sportsbook logo

DraftKings Colorado: Bet $5, Get $150 Instantly + Daily No Sweat Bet Tokens

There is more than one element to the welcome offer here, and you may not require a promo code to access it. Stake just $5 on your first bet and, whether it wins or loses, you receive $150 in bonus bets. It's a 30X return.

On top of that, DraftKings is giving Daily No Sweat Bet tokens to new customers all the way through January 7, 2024 who sign up and opt in. A lot of incentives to take advantage of during a full slate of football action.

Ready our expert review on this DraftKings Colorado promo.

Key DraftKings CO Promo Information

  • Welcome Bonus: $150 + Daily No Sweat Bet tokens
  • Bonus Code: N/A
  • Eligibility: New users only

How to Claim the DraftKings CO Bonus

To claim the Bet $5, Get $150 in bet credits offer from DraftKings, you'll need to set up a new account, enter the promo code, deposit at least $5, and place your first bet of $5 or more. Then, DraftKings will credit your account with four installments of $50 in bonus bets.

Why We Like This Promotion

Bet and get promotions like this one from DraftKings are ideal for people who don't like committing too much when they try out a new sportsbook. You only need to wager $5 of real money to get the 30x return of $150 in bonus bets for this offer.

Additional DraftKings Promos

In addition to this awesome welcome offer, DraftKings has some other sportsbook promo offerings that can help you maximize your betting value.

  • 50% profit boost on the "game of the week"
  • NFL No Sweat Bet
  • 50% College Football profit boost

DraftKings Welcome Bonus Pros & Cons

Pros
Only a $5 real money wager commitment
Bonus bets only have a 1x playthrough requirement
Your credits come whether or not your first bet hits
Cons
Bonus bets come in installments of $50
Some minimum odds requirements do apply
FanDuel CO

FanDuel Colorado: Bet $5 Any Moneyline, Get $150 in Bonus Bets With Win

You may not need a promo code to access the welcome bonus here, but do make sure you use the promotion. Because your first real moneyline wager of $5 brings you $150 in bonus bets with a win.

Dig into our expert review on this latest FanDuel Colorado promo.

Key FanDuel Sportsbook CO Promo Information

  • Welcome Bonus: $150 
  • Bonus Code: N/A
  • Eligibility: New users only

How to Claim the FanDuel Sportsbook CO Bonus

People who sign up for a new FanDuel sports betting account can just enter the promo code and place a qualifying moneyline wager of $5 or more to activate this offer. FanDuel will credit your account with $150 in bonus bets if that bet wins.

Why We Like This Promotion

This FanDuel welcome offer is one of the best Colorado sports betting promos we've seen in a long time, especially if you're a fan of the NBA.

Additional FanDuel Sportsbook Promos

This great welcome offer isn't the only promo FanDuel Sportsbook Colorado is running right now.

  • 50% NFL Thursday Night Football profit boost
  • World Series 50% profit boost
  • College Football 50% profit boost

FanDuel Welcome Bonus Pros & Cons

Pros
Great value whether or not your first bet wins
You can watch all the NFL games live while you place live bets
Cons
Only available for new users
Bonus bets can take 72 hours to come through
BetRivers sportsbook Colorado logo

BetRivers Colorado: 2nd-Chance Bet Up To $250

Use promo code SPORTS to claim the BetRivers welcome offer. All new users who create an account with BetRivers are eligible to get the 2nd-chance bet up to $250. For the first sports bet that you place after creating your account, you are insured up to $250 by BetRivers Colorado

So if you come out on the losing end of your first wager, you will be refunded the amount you wagered up to $250 in the form of a bonus bet. This bonus bet will arrive within 24 hours of the first wager losing. It can be used on any other sports wager at BetRivers.

Key BetRivers CO Promo Information

  • Welcome Bonus: $250
  • Bonus Code: SPORTS
  • Eligibility: New users only

How to Claim the BetRivers CO Bonus

This $250 BetRivers promo will be automatically applied to your account to replace the value of your first bet placed on the book if it loses. Just enter the promo code in the appropriate box when signing up for an account to activate, and place your first bet.

Why We Like This Promotion

We love that this promotion has a minimum deposit of just $10 to qualify, and that the bonus bet credits will be applied to your account quickly (within 24 hours) if your first bet loses. Additionally, the bonus bets have loose playthrough requirements, so you only need to wager the credits 1x to get withdrawable money.

Additional BetRivers Promos

BetRivers has some great additional offers for both new and ongoing users of the sportsbook.

  • College Football Saturdays Parlay Insurance
  • Soccer Same Game Parlay Bet and Get
  • Prop Central Parlay Bet and Get

BetRivers Welcome Bonus Pros & Cons

Pros
Straightforward, easy-to-understand welcome offer
1X playthrough requirement is reasonable
$10 minimum deposit to qualify is low-commitment
Cons
Not as valuable as risk-free offer from some other books
-200 odds or higher only

Other Colorado Sports Betting Bonuses Available This Week

The Colorado sportsbook promo code offerings we highlighted above aren't the only promos currently available in the state. Check out the sections below to learn about additional offers from each sportsbook.

Additional ESPN BET Promos In Colorado

In addition to ESPN BET's generous $250 in Bonus Bets welcome offer, new users to the sportsbook will receive a 100% deposit match on their first deposit. This offer is up to $1,000 in Eligible Cashabck with a cashback rate of 5% at the sportsbook. You only have 30 days to use those bonus bets so make sure you don't miss out. In addition ESPN BET gives you Overtime Protection for any NFL game you place a pre-live cash wager on. If your team ends up losing in overtime, get 100% of your stake back in bonus bets all the way up to $1,000.

Additional BetMGM Bonuses In Colorado

BetMGM has plenty of bonus offers for their active users. For example, their College Football Parlay Insurance promo lets you get up to $25 back in bonus bets when your NCAAF parlay loses by just one leg. Their referral offer lets you and your friends each receive a $100 bonus credit when you refer them to the book. Additionally, BetMGM has lots of daily profit boosts available to all bettors. Just head to the promos page to see the current offerings.

Additional BetRivers Promos In Colorado

BetRivers uses various promotions to keep their current users active and engaged. One unique offer lets you enter a pool to win $10,000 in bonus bets when you wager on the NFL or NCAA football. Another BetRivers offer lets you get your original stake back if you place a 4+ leg parlay on an NCAAF game and it loses because of 1 leg. One of our favorite BetRivers offers is the Soccer SGP Bet & Get, where you can receive up to a $25 bonus bet credit for placing a same game parlay wager on any soccer match.

Additional bet365 Promos In Colorado

In addition to their excellent welcome offer, you can find Colorado sports betting promotions at bet365 that apply to current and active users. For example, bet365 has an array of "Bet Boost" offerings for chosen markets, as well as Parlay Boosts that can be as large as 70% for qualifying bets. They are currently running an NFL Early Payout offer which means your moneyline bet will cash out early if the team you select goes up by 17 or more points at any point in the game. A similar offer for MLB games applies if your pick goes up by 5 runs.

Additional Caesars Sportsbook Promos In Colorado

Caesars Sportsbook Colorado has an impressive offering of promotions that are available to new and current users. In lieu of the Bet $50, Get $250 welcome offer, you can instead choose to activate a $1,000 first bet payback offer if you wish. For current users, you'll find an array of profit boosts. These include a 33% NFL Parlay boost and a 33% CFB parlay boost. You can also opt in for their "Bet The Board" promo, which gives you a chance at winning bonus bets if you place a bet on all 13 qualifying NFL games for the week.

Additional DraftKings Promos In Colorado

DraftKings is well-known for having a great selection of daily profit boosts. Some current boost offerings include a 50% college football boost for 3+ leg parlays, a 25% boost for any NFL Sunday bet, and 50% boosts that apply to live bets on specific college football games. There is usually no limit to the number of bets you can place with profit boosts, so be sure to check the promotions page to opt in before going to wager. If your bet qualifies for one of the sports betting boosts that you have opted into, you will see an option to add it to your bet slip.

Additional FanDuel Promos In Colorado

Most of the additional offers from FanDuel Sportsbook Colorado come in the form of profit boosts. FanDuel currently has several profit boosts available for new and ongoing users. You can find boosts that apply only to sam game parlays for specific sports like college football. Other boosts, like the Golf Profit Boost, give you a 30% bump to any winning bets placed on the 2023 Ryder Cup. FanDuel has new profit boosts daily, so always make sure to check back for the latest offerings.

Most Common Colorado Sportsbook Promos

Colorado sportsbook bonuses come in a variety of shapes and sizes. However you like to place bets, or use your free bets or site credit, you should find offers that deliver an extra slice of value and enjoyment to your sports betting experience.

  • First Bet Offers Backed By Bet Credits More than one of the online Colorado sportsbooks offers bet credits to new customers. Place your first bet. If it wins, you receive your return as normal, but if it loses, your stake is returned as bonus bets. BetMGM's offer is up to $1,500 which is the best first bet safety net offer in the state.
  • Deposit Promo The idea of a deposit bonus is that the initial amount you place into your new account is boosted to give you extra spending power. Most deposit bonuses come in the form of a deposit match, whereby the sportsbook places a dollar in your account for every one you invest, thus doubling your balance instantly. However, there are other forms of deposit bonus, such as the DraftKings model which boosts your balance by a certain percentage as you deposit money in the early stages of your account.
  • No-Deposit Promo No-deposit bonuses are one of the rarer types of offer available to new customers. That's because there's a risk to the sportsbook that you might play with its money and never actually invest any of your own. However, several legal online sportsbooks do offer a no-deposit bonus to get you started in return for simply opening your account. The upper limit on a no-deposit bonus is much small than on deposit match bonuses, but it's still pleasing to have $50 in your account before you have spent a cent of your own.
  • Reduced-Juice Wagers The juice is the margin retained by an online sportsbook on any wager. That's why the odds on a point spread, for instance, tend to be -110/-110 rather than simply a 50-50 chance. However, existing customers can sometimes take advantage of reduced-juice offers that have the effect of offering more competitive odds. WynnBET CO sportsbook, for instance, offers reduced juice on certain bets for an hour each Tuesday and Thursday.
  • Boosted Odds Odds boosts are a great way to carve out a slice of extra value that can mean a bigger payout, not to mention the satisfaction of knowing you've got the most competitive odds on the betting markets affected. Colorado sports fans might be looking at a wager on the Broncos, for instance. Let's say the moneyline price about the Broncos for their next NFL game is +120, but one online sportsbook is offering an odds boost and has them at +140 – now you know where to bet to get the best value.
  • Free Parlay Insurance With so many major sports franchises and college sports teams in the state, Colorado sports bettors are rarely short of options when it comes to parlays. Covering several selections with a single stake is a perennially popular form of Colorado online sports betting – but, of course, the drawback of any parlay is that if any selection lets you down, the whole bet returns nothing. With parlay insurance, however, if just one of your legs loses, you get your stake back, usually as a bonus bet.
  • Reload Promo Most deposit bonuses are available only to new customers. However, if you are offered the chance to enjoy a reload promo, it works in the same way as a deposit match bonus. Legal online sportsbooks occasionally hold out this prospect of extra value, so that when you next top up your funds to finance your sports betting, that deposit will be equalled by the book so that your new deposit is effectively doubled.
  • Refer-A-Friend Promo If a friend sees how much fun you are having wagering at a particular online sports betting site, and decides to join you by opening an account, a referral promo could bring a benefit to both of you. You should be able to refer them to the online sportsbook in question using a unique link. If your pals follow this, sign up for an account and place their first wager, that should trigger a referral bonus for both of you, usually of about $50 and most often in the form of a bet credit.
  • Seasonal Promo Codes The best Colorado sportsbooks understand that, as excitement mounts in the countdown to a new season, Colorado bettors and fans are keen to get involved with betting markets around the sport in question. So look out for promo codes on Denver teams like the Broncos Super Bowl odds. The same applies for Avalanche sports betting promos when the NHL gets under way, Nuggets sports betting promos as the NBA begins – and Colorado Rockies sports betting promos in the run-up to the baseball season, which is right about now.
  • Sports-Specific Promo Some Colorado sports betting promo codes could be related to particular sports. College sports betting is popular here, particularly on college football, and the Colorado Buffaloes and Colorado State Rams attract plenty of support. So look out for Buffs sports betting promos. There are other regular DEN sports betting promos that can be used on certain sports, such as NBA or NFL same-game parlays.
  • VIP Rewards Many sports betting sites offer regular customers the chance to join a VIP program in return for their loyalty and dedication. The more you wager, the more generous the rewards you can access. You should expect to receive a range of benefits, including free bets, merchandise and, in some instances, the opportunity to qualify for exclusive experiences and reductions on the cost of dining or hotel bills at partner establishments.

How To Claim Colorado Betting Bonuses

With so much value and excitement waiting for you in the form of Colorado sports betting promo codes, it's important to know that there are many ways you can access your bonus money or free bet.

Links

The process of signing up for Colorado sports betting bonuses could be as simple as clicking on a link. This might be found on the home page of the Colorado sports betting site in question. Alternatively, you can find links on our page that will take you straight through to the welcome bonus in question. Make sure you don't miss out.

Promo Codes

You will find the latest Colorado sports betting promo codes here on this site. Make a note of the bonus code in question and keep it handy (or copy it to paste in during sign-up) as you go through the process of registering for an account. At the appropriate moment, a box will appear where you can enter the promo code to lock in your bonus.

Opting-In

After you have signed up for an account with an online sportsbook, there may be promos and bonuses for which you have to opt in. If you have to opt in to take advantage of a Colorado sports betting bonus, the online sportsbook in question will make it easy by clearly letting you know and by offering a pop-up box so you can click to opt in.

App

Occasionally, sportsbooks that wants to encourage its customers to use its mobile sports betting platform might invite you to download its app to take advantage of an offer. We'll let you know to expect this when we review the sports betting in site in question, and explain how you can download the app to make sure of being able to claim your bonus money.  

Visit BetMGM.com for T&Cs. Must be 21+. CO only. New Customer Offer. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable bonus bets. Bonus bets expire in 7 days from issuance. Gambling Problem? Call 1-800-GAMBLER

How Long Until Bonus Funds Are In My Account?

Once you take advantage of any sports betting promotions, but particularly a sportsbook promo code when you register as a customer, you want to be able to use your bonus funds as quickly as possible.

The length of time it takes for this to happen will vary slightly between CO sportsbooks, and might be different depending on the type of bonus. For instance, you should expect the extra funds from deposit bonuses to arrive virtually instantly.

If you use one of the offers protected with bet credits, however, it might take up to 24 hours after the qualifying bet is settled for your bonus bet to appear in your account.

How Do I Find Free Bets In Colorado?

The most reliable source of information regarding sportsbook promo codes, including those that might unlock free bets, is BetColorado.com. We will keep you up to date with every bonus code that will activate a particular promo at any leading Colorado sportsbook.

The other location where you should find out all about free bet offers is at the sports betting sites where they are being offered. It is in the interest of any online sportsbook to generate sports betting activity by making existing and potential customers aware of any free bets that are available.

Should I Claim A Free Bet Promo?

New customers, particularly those inexperienced in using online sports betting sites, sometimes worry that there may be a catch associated with bet credit offers and other Colorado sportsbook bonuses. 

These sites are licensed and regulated and are honor-bound to treat you fairly. It is always worth checking the terms and conditions of any offer, but in virtually all instances there is no reason not to claim a free bet or other bonus – and enjoy the extra value it delivers. Just be sure to understand what you are getting.

Should I Claim Offshore Sportsbook Promo Codes In Colorado?

Even in states that have made sports betting legal, you may be able to access sports betting sites that do not hold a license and operate from outside the state. We strongly advise that you should never sign up for an account with, or claim a promo from, any operator that is not on the list of licensed Colorado sportsbooks.

Many such sports betting sites have a history of misleading marketing, and of refusing to pay customers – and in such circumstances, you have no legal recourse and will struggle to get your money back.

Typical Colorado Betting Promotions Terms & Conditions

Don't be completely dazzled by the bright, shining lights and big headlines associated with the promos and bonuses offered by Colorado sportsbooks like Betway Colorado. There always will be relevant small print that you should read.

Always take a moment to read the terms and conditions that apply to any promos at a sports betting site, to be sure that you can avoid any pitfalls and will get the full value of the bonus to which you are entitled. Among the factors to watch out for are the following.

  • Playthrough Requirements You may have to "play through," i.e stake, the amount of your initial deposit before you are allowed to take out any funds resulting from a good win. In many instances, this is just once. However, there are exceptions. The DraftKings sportsbook deposit bonus, for instance, imposes a requirement that you effectively have to play through your stake 25 times before you can realize the full value of the promotion.
  • Time Limits This is a really important consideration when it comes to your sportsbook bonus, particularly if it is a bet credit bonus. You may have only a limited number of days to use any free bet generated by an offer of bet credits – and it may be fewer than you think. If you open an account at BetMGM sportsbook, for instance, and take advantage of the first bet offer, any bet credits you receive after your first bet loses must be used within seven days – or they expire.
  • Minimum Odds When you take advantage of a free bet offer, it's essential that you check if there is a minimum price at which any wager can be placed. It is frustrating if you work out a wager and then find out you cannot place your stake because the odds are too short. There are a host of varying limits that apply, depending on which Colorado sportsbook you are planning to use. This is particularly noticeable when it comes to welcome bonuses, but it also applies to offers for existing customers. For instance, to qualify for a same-game parlay boost at the Caesars sportsbook, your wager must have at least four legs and odds of at least +400.
  • Minimum & Maximum Wagers The minimum level of your first bet to qualify for a first-bet offer varies between operators who offer this type of sportsbook bonus. In many places it is $10, but do check in case the book where you want to wager stipulates a stake of at least $20. By contrast, it may be as little as $5, as at DraftKings CO sportsbook. Check also to see whether or not there is a maximum limit. Most often there is not, unless you are a seriously high roller. For instance, you can stake more than $1,500 on your first bet at the BetMGM CO Sportsbook, but if it loses you will be refunded only $1,500 in bet credits.
  • Maximum Win The maximum win at any sportsbook can vary from sport to sport – and there are differences between operators, too. If you are planning a massive parlay with a potentially life-changing payout, for instance, check that your Colorado sportsbook does not cap winnings at a certain level. There can be maximums applied on other types of sportsbook bonuses, too. For instance, if you take advantage of the same-game parlay boost on NFL or college football at Caesars, there is a maximum stake of $50 – and a maximum win of $1,000.
  • Maximum Withdrawal This may sounds like a pleasant problem to have, but please be aware that there is likely to be an upper limit to the amount you can withdraw on a single day from your online sportsbook account. Additionally, that upper limit may vary depending on what banking method you want to use. At the Caesars sportsbook, for instance, the most you can withdraw at one time is $5,000 through online banking, e-check or Play+ card, though you can take out $10,000 through PayPal. If you really want to take out more than this, it may be worth contacting the customer support team at your sportsbook.

Pros & Cons of Colorado Sports Betting Bonuses

Pros
Can generate extra betting funds for your account
Risk-free bet takes pressure off first wager
Chance to try out new types of bet or different sports
Enhanced feeling of loyalty towards chosen sportsbook
Cons
Minimum stake to claim promo might be too high
Promo might not suit your style of sports betting
Promo might relate to a sport in which you are not interested
Promotions

Get Ready To Claim A Colorado Sportsbook Promo

Sportsbook promo codes, and the offers they generate, are popular with online sportsbooks because they offer a chance to shout to the world about their product.

However, they are also deservedly popular with sports bettors in Colorado and elsewhere because they genuinely offer an extra helping of fun and excitement, particularly when you are first playing with a sportsbook.

Colorado's sports betting market is particularly competitive, with more than two dozen online sportsbooks vying for your custom and loyalty, so there is little point in any sportsbook overselling itself, or putting up a welcome bonus that pales by comparison with its rivals'.

As a result, there is every reason why you should use any bonus code you find that will unlock a tempting offer to new customers at a sportsbook. You could have a first bet on a long shot free from the fear that you will lose your money if it fails – with an offer backed by bet credits, you can use the stake again.

Or you could take advantage of one of the deposit match bonuses on offer, and instead of $200 in your account, suddenly you have $400 at your sports betting disposal.

You do not always need to input a bonus code to be sure of activating a welcome bonus. Some operators, including FanDuel and DraftKings, rarely issue a bonus code and clicking through from our site will get you qualified. But if you do come across such a code, make use of it so that you become accustomed to being treated like a valued customer and offered extra value on a regular basis in return for your loyalty.


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.


Colorado Sportsbook Promotions FAQs

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.

Scroll to top