Colorado Sports Betting Promos 2024: Claim Over $5.6K in Betting Bonuses

Fact Checked by Blake Weishaar

Colorado sportsbook promos total over $5600 in bonuses and welcome offers today. Below, we verified each promotion and broke down some of our favorite Colorado sports betting bonuses on every legal Colorado sports betting site available in 2024.

Verified Offers Verified By Our Experts
1
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.
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.

CO Sports Betting Promotions Quick Facts

πŸš€ Colorado Betting Promos Launch:May 2020
⭐️ Top CO Sportsbook Promo Code:Bet & Get up to $1000 at Fanatics
πŸ’΅ Highest Promo Amount:$1,500 at BetMGM
πŸ’° Lowest Promo Amount: $150 at FanDuel
πŸ“± Total Apps To Bet On: 21
πŸ“ž CO Council for Problem Gambling: 1-800-426-2537
πŸ›οΈ Colorado Sports Betting Regulator: Colorado Limited Gaming Control Commission
Bet Colorado Sportsbook Promos

How to Sign Up For Colorado Sportbook Promos

Signing up for and claiming any of the available Colorado sportsbook promos is a simple procedure. Some sports betting bonuses may require bonus codes while others require minimum deposits or a minimum wager amount (typically $5-$10). Here's how to sign up with these easy steps:

  1. βœ… Read our review of the best Colorado sportsbook promos that may interest you.
  2. βœ… Choose which promo fits your interests best.
  3. βœ… Click "Visit Site" to begin the sign-up process.
  4. βœ… Provide personal information including your name, email, address and last four digits of your social security number.
  5. βœ… Allow your device to verify your location.
  6. βœ… Follow the terms and conditions of the CO sports betting bonus that you choose. 
  7. βœ… Make a deposit and you're ready to start betting!

Top Colorado Sports Betting Promo Codes & Bonuses Available

Searching for all the available Colorado sportsbook promo codes available can be tiresome. Each code listed in the table below has been verified and can be used to take advantage of any Colorado sports betting promos today. 

⭐️ CO SportsbookπŸ“ Promo Code🎁 Welcome Offer
Caesars Sportsbook CO Promo CodeBETCO1000$1000 First Bet on Caesars
Fanatics Sportsbook CO Promo CodeClaim HereBet & Get $1000 in Bonus Bets
BetMGM CO Bonus CodeBETCOMGMUp to $1500 if First Bet Loses
bet365 CO Bonus CodeBETCOFirst Bet Safety Net up to $1000
bet365 CO Bonus CodeBETCOBet $5 & Get $150 in Bonus Bets
DraftKings CO Promo CodeClaim HereBet $5, Get $200 in Bonus Bets Instantly
FanDuel Sportsbook CO Promo CodeClaim HereBet $5, Get $150 in Bonus Bets
Sporttade CO Promo CodeBETCOGet up to $300 Cash Back
ClutchBet CO Promo CodeCLUTCH250100% Bet Match up to $250
BetRivers CO Promo CodeSPORTS2nd Chance Bet up to $250
βœ…  Promo Codes Last VerifiedApril 18, 2024 

$1,000 First Bet From Caesars Sportsbook Colorado

One of the best introductory bet offers in the sports betting market, Caesars Sportsbook is giving new users $1,000 First Bet on Caesars using promo code BETCO1000

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

🎁 Sign-up Bonus:$1000
πŸ”“ Claim Bonus Code:BETCO1000
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$10

How to Claim the Caesars Sportsbook 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.

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

Additional Promos at Caesars Sportsbook 

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

  • Odds Boosts
  • Pro Hockey Futures Bet & Get

Bet & Get $1000 in Bonus Bets From Fanatics Sportsbook Colorado

To claim $100 in Bonus Bets For 10 Straight Days from Fanatics just place your first $5+ wager on your new account to be eligible for the Fanatics Sportsbook sign-up bonus.

Learn more about the Fanatics Sportsbook promo in Colorado today.

🎁 Sign-up Bonus:$1000 in Bonus Bets
πŸ”“ Claim Bonus Code:CLICK HERE
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$5

How to Claim the Fanatics Sportsbook Promo

Click the unique sign-up link below, register for an account and make a deposit. You can then bet as little as $5 or as much as $100 to receive that same amount back in bonus bets each day for the first 10 days, win or lose.

Why We Like This Promotion

This Colorado sports betting promo is unique in that it grants bonus bets every day for their first 10 days of betting with Fanatics Sportsbook. Furthermore, you really can't bet a bet/get promo, which rewards bonus bets regardless of your bet winning or losing. 

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

Fanatics Welcome Offer Pros & Cons

Pros
Among the highest bonus amounts in Colorado
Option to bet as much as you like
Bonus bets come regardless of your first bet winning or losing
Cons
Have to bet $100 for 10 days to receive the full value
Must use bonus bets within 7 days

Additional Promos at Fanatics Sportsbook 

Once you set up your Fanatics Sportsbook account, you can access additional offers from this sportsbook.

  • Power Hour
  • Refer A Friend

Up to $1500 in Bonus Bets if Your First Bet Loses From BetMGM Colorado

Use BETCOMGM when signing up on the BetMGM Sportsbook to get access to its Up to $1500 in Bonus Bets if Your First Bet Loses offer

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

🎁 Sign-up Bonus:Up to $1500 in Bonus Bets if Your First Bet Loses
πŸ”“Claim Bonus Code:BETCOMGM
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$10

How to Claim the BetMGM Bonus

To claim the BetMGM welcome promo, sign up for a new BetMGM account, deposit $10, enter the promo code, and place your first qualifying bet. If that first bet loses, BetMGM will match your initial wager in bonus bets, up to $1,500.

Why We Like This Promotion

$1,500 is a huge amount, allowing you to take a big swing with your first bet if you'd like. If you want to take a smaller swing, that's okay, too: BetMGM will still match it if it loses.

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.

BetMGM Welcome Bonus Pros & Cons

Pros
Insurance if first bet loses
Lots of flexibility for the bet you place
Large match amount
Cons
Not a guarantee you'll get bonuses
Limited time to use bonus bets

Additional Sports Betting Promos at BetMGM 

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

  • NBA Odds Boost
  • Refer a Friend, Get $100 in bonus bets

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

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 once your bet settles. You can choose which offer you want on sign up. 

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

🎁 Sign-up Bonus:$1000 or $150
πŸ”“ Claim Bonus Code:BETCO
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$10

How to Claim the bet365 Bonus

When signing up for a new account, enter the promo code BETCO, deposit $10 or more, and then make your choice between either of the promos you see below. 

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 Colorado sports bettors to place their first bet with no fear of losing while the Bet $5 Get $150 instantly grants bonus bets. 

Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.
21+only or 18+ in KY and present in CO, IA, KY, LA, NJ, OH, VA. Gambling problem? Call 1-800-GAMBLER (CO, KY, LA, NJ, OH, VA) or 1-800BETS OFF (IA). T&C’s and restrictions apply.

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

Additional Promos at bet365 

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

  • NHL, NBA, NCAAB Early Payout
  • 70% Parlay Boost

Bet $5, Get $200 in Bonus Bets Instantly From DraftKings Sportsbook Colorado

There is more than one element to the welcome offer here, and you don't need a promo code to access it. Just deposit $5 and Bet $5 to Get $200 in Bonus Bets Instantly. Also, get one (1) Daily No Sweat SGP for the NBA Playoffs.

Read our expert review on this DraftKings Colorado promo.

🎁 Sign-up Bonus:Bet $5 Get $200 in Bonus Bets Instantly + Daily No Sweat SGP for NBA Playoffs
πŸ”“ Claim Bonus Code:CLICK HERE
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$5

How to Claim the DraftKings Bonus

To claim the Bet $5, Get $200 from DraftKings, you'll need to set up a new account, deposit at least $5, and place your first bet of $5 or more. Then, DraftKings will credit your account with the bonuses right away.

Why We Like This Promotion

The Bet, Get offers are super simple and an easy way to fill up your bankroll as you get started with betting at DraftKings.

DraftKings Welcome Bonus Pros & Cons

Pros
Only a $5 deposit required
Large bonus bet amount
Easy to understand
Cons
Limited time to use bonuses
Some minimum odds requirements do apply

Additional Promotions at DraftKings 

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

  • All Sports SGP Insurance
  • 50% NBA Profit Boost
  • Same Game Parlay Insurance

Bet $5, Get $150 in Bonus Bets From FanDuel Sportsbook Colorado

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

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

🎁 Sign-up Bonus:$150
πŸ”“ Claim Bonus Code:CLICK HERE
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$5

How to Claim the FanDuel Sportsbook Bonus

People who sign up for a new FanDuel sports betting account can just place a wager of $5 or more to activate the offer after depositing a minimum $10. FanDuel will credit your account with $150 in bonus bets within 72 hours.

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, particularly as its a near slam-dunk.

Must be 21+ to participate. T&Cs apply.

FanDuel Welcome Bonus Pros & Cons

Pros
Great value in bonus bets
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

More Promos at FanDuel Sportsbook

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

  • Daily Boosts
  • Soccer Same Game Parlay

100% Bet Match Up to $250 From ClutchBet Colorado

Since coming to the state, the ClutchBet Colorado promo has been tailored to sports bettors in the state.

Not only does their welcome offer give you reason to check in weekly but they have Colorado-specific promotions currently for bettors interested in betting on the Avs and Nuggets.

🎁 Sign-up Bonus:100% Bet Match up to $250
πŸ”“Claim Bonus Code:CLUTCH250
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$10

How to Claim the ClutchBet Bonus

To claim you'll need to be new to the ClutchBet Sportsbook. Additionally you're required to use promo code CLUTCH250 when creating your account to snag the $250 in bonus bets sign-up bonus.

Why We Like This Promotion

The way this promo is setup is ClutchBet matches your first bet and deposits 20% of your bet into your account over the next five weeks. This makes ClutchBet's promo the most unique on the market today.

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.

CluchBet Sign Up Bonus Pros & Cons

Pros
First match bet gives security for new bettors
CLUTCH250 promo code makes signing up easy
Only a $10 minimum deposit
Cons
Smaller bonus compared to other sportsbooks
Promo lasts over 5 weeks from sign up

Additional Promos at ClutchBet

  • UFC Parlay Insurance
  • Boosted Odds For Nuggets Games

2nd-Chance Bet Up to $250 From BetRivers Colorado

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.

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 using BetRivers Colorado promo code.

🎁 Sign-up Bonus:$250
πŸ”“ Claim Bonus Code:SPORTS
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$10

How to Claim the BetRivers 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 within 24 hours if your first bet loses. 

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 no-risk offer from some other books
-200 odds or higher only

Other Promotions at BetRivers Sportsbook

  • 2nd Chance SGP
  • Bonus Store
  • iRush Rewards Program

Up to $300 in Cash Back From Sporttrade Colorado

The Sporttrade Colorado promo code grants bettors the chance to earn up to $300 in cash back, a unique sports betting promo and that has not been seen at any other sportsbook. 

This Colorado sportsbook promotion is unlike any other in that you can earn cash back on your bets, and that's on top of the potential Colorado sports betting returns. 

🎁 Sign-up Bonus:$300
πŸ”“ Claim Bonus Code:BETCO
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$10
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.

Bet $10, Get $150 From ESPN BET Colorado

With promo code BETCO, new users get access to the Bet $10, Get $150 in Bonus Bets sign-up offer from ESPN BET..

Take action on the ESPN BET Colorado promo code and make your first bet.

🎁 Sign-up Bonus:$150
πŸ”“ Claim Bonus Code:BETCO
βœ… Eligibility:New users only
πŸ’΅ Minimum Deposit:$10

How to Claim the ESPN BET 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 $150 in Bonus Bets once you deposit and bet $10.

Why We Like This Promotion

Unlike first bets and no sweats, ESPN BET's offer lets you get bonuses by betting just $10 on your first bet.

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.

ESPN BET Welcome Bonus Pros & Cons

Pros
Only $10 first wager
Easy to opt in with promo code BETCO
Get bonus bets instantly
Cons
Not a high dollar amount
24 hours to receive final $50 bonus bet

Other Promos at ESPN BET 

  • $1000 Deposit Match
  • Prop Joe Special
  • Bet Protection

Best Colorado Sportsbook Promos Available Today

Among the many sportsbook promos available in Colorado, we've found these to be the top options as of today:

Best Welcome Bonus: Fanatics Sportsbook

If you want your first bet to carry minimal risk, consider signing up with the newest sportsbook in the game today: Fanatics Sportsbook. The top sports apparel brand has embraced sports betting with its new app, and is offering new bettors a Bet and Get Up to $1,000 in Bonus Bets offer. The offer amount is one of the highest in the state, plus it allows you to break up your bonuses in case you want to risk a little less. It's a win-win.

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

Top Promo for Odds Boosts: BetMGM

Betting just $5 with your initial wager at BetMGM Colorado will get you $150 in bonus bets. With frequent featured odds boosts at BetMGM, you could stake that initial wager on a boost or even use your bonus bets on one, allowing yourself the opportunity to earn extra cash.

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.

Best Promo for Loyalty Program Users: Caesars

The Caesars Rewards program is one of the best loyalty programs in the sports betting market, making Caesars Sportsbook the best option for loyalty program users. New bettors can get a $1,000 First Bet on Caesars upon signup, and any bets made from then on can be made to build up credits, which eventually translate to bet credits and discounts.

Upcoming Sporting Events to Use Colorado Sportsbook Promos

There's only one day a year when there's no sporting events taking place across the United States and Colorado betting apps are quiet. Even with the NFL season closed there are tons of great sporting events coming up to use any CO betting promos on.

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

  • πŸ€ NBA Playoffs: The Nuggets continue the defense of their NBA Championship. Make sure to check out the Caesars CO promo code offer of a First Bet up to $1,000.
  • πŸ’ NHL Playoffs: The Avalanche have an opportunity to capture the Stanley Cup. Check out the Fanatics Sportsbook CO promo you can Bet and Get up to $1,000 in Bonus Bets on Avalanche games.
  • ⚾ MLB and ⚽ MLS regular seasons: You can use the DraftKings CO promo code to get $150 in bonus bets to bet on baseball and soccer this spring and summer.

Additional Colorado Sports Betting Promotions

Outside of the Colorado sports betting promos listed above, sports bettors can find additional promotions, giveaways and more. 

Odds and Profit Boosts

On several sportsoboks you can get a 15-50% odds/profit boost on certain sports or matchups. Oftentimes you'll be allowed to use the boost tokens on a sport/matchup of your choosing, boosting your winnings.

bet365: Early Payouts for NHL, CBB, NBA

Football season might be over but NHL and NBA are nearing towards postseason play. With the bet365 Sportsbook you get early payouts on a number of sports such as the NHL and NBA but also college basketball, too. Your team must get to a certain point or goal lead before you can cash out.

BetMGM Fast Break

A daily basketball game that lets you choose between several options. For example, if you score a basket or complete a dunk, you win rewards including bonus bets, odds boosts, SGP insurance, etc.

ClutchBet: CBOOST

Available once per day, ClutchBet offers a promo called "CBOOST" which gives you the option to boost the odds in any 3+ leg parlay.

DraftKings Jackpot Pools

Answer 15 sports betting-related questions for your chance to win the jackpot, which starts at $10K and grows with every entry in the pool. The jackpot is paid out to users who get all 15 questions correct. If no user gets all 15 questions correct, the jackpot will roll over to another separate pool and continue to grow.

ESPN BET: NBA In-Game Bet & Get

Place five (5) in-game (live) straight bets on NBA games (-200 odds or longer) and receive a single $5 bonus bet when the wager settles, win or lose.

How to Sign Up For Colorado Sportbook Promos

Signing up for and claiming any of the available Colorado sportsbook promos is a simple procedure. Some sports betting bonuses may require bonus codes while others require minimum deposits or a minimum wager amount (typically $5-$10). Here's how to sign up with these easy steps:

  1. βœ… Read our review of the best Colorado sportsbook promos that may interest you.
  2. βœ… Choose which promo fits your interests best.
  3. βœ… Click "Visit Site" to begin the sign-up process.
  4. βœ… Provide personal information including your name, email, address and last four digits of your social security number.
  5. βœ… Allow your device to verify your location.
  6. βœ… Follow the terms and conditions of the CO sports betting bonus that you choose. 
  7. βœ… Make a deposit and you're ready to start betting!

Ways to Claim CO Sports Betting Promos

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

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 bonus 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.

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 There Any Colorado Sports Betting Bonus Bets Available?

The most reliable source of information regarding sportsbook promo codes, including those that might unlock bonus 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 bonus 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 bonus bets that are available.

Should I Claim A Bonus 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 bonus bet – 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.

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 There Sport-Specific Sports Betting Promos in Colorado?

Some Colorado sportsbook promos can only be used when betting on specific sports, regardless of which of the mobile sports betting apps you use. 

  • NFL Promos The NFL is the most popular league for sports betting in the US, and plenty of Colorado sportsbooks look to take advantage of that. When the season is in play, you'll find plenty of sports betting promos offered for NFL bettors, including odds boosts, site credit, contests and more. These offers can help Colorado bettors make the best out of NFL betting, like futures on the Broncos playoff chances.
  • NBA Promos The NBA is top when it comes to Colorado sportsbook promos. You can find plenty of ongoing promos and bonuses offered by Colorado sportsbooks, including those on futures such as the Nuggets championship odds.
  • NHL Promos The NHL is hugely popular in Colorado given the recent success of the Avalanche. And rest assured, you can bet that there are plenty of Colorado sportsbook promos offered on the NHL, including bets on the Avalanche Stanley Cup odds.
  • MLB Promos The MLB has the longest season in professional sports in the US. Throughout the season, you'll find plenty of Colorado sportsbook promos on the Colorado Rockies and more. BetRivers has been known to run an MLB Same Game Parlay Bet & Get offer in the past.
Must be 21+ to participate & present in CO. Gambling problem? Call 1-800-GAMBLER. T&Cs Apply.

Typical Colorado Sports 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 bonus 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 bonus 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. 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

 

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

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. You can stake more than $1,500 on your first bet at the BetMGM 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. 

Pros & Cons of Colorado Sports Betting Bonuses

Pros
Can generate extra betting funds for your account
No-risk 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

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 Colorado sports bettors 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 users 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.

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.

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