Colorado Referral Bonuses: Refer A Friend Promo in Colorado

Fact Checked by Cody Kutzer

One of the most common types of Colorado sportsbook promos that you will find are referral bonuses. Find out everything you need to know about CO referral promos in this comprehensive guide.

Welcome Offers In Addition To Referral Bonuses

Before you start cashing in on referral promos, make sure to claim a welcome bonus from one of the Colorado sports betting brands below.

Verified Offers Verified By Our Experts
1
Best Choice
Bet365 Sports
Best Choice
Must be 21+ to participate & present in Colorado. Gambling problem? Call or Text 1-800-GAMBLER. T&Cs Apply.
Live Betting Yes
Live Support Chat Yes
Same Game Parlay Yes
Deposit To Qualify 5
2
Live Betting Yes
Live Support Chat Yes
Same Game Parlay Yes
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.
Live Betting Yes
Live Support Chat Yes
Same Game Parlay Yes
Deposit To Qualify 20
Promo Code BETCOCOM
4
Live Betting Yes
Live Support Chat Yes
Same Game Parlay Yes
Deposit To Qualify 5
Promo Code Not Required
5
NEW SPORTSBOOK
ESPN BET Sportsbook
Must be 21+ and present in CO. Gambling Problem? Call 1-800-GAMBLER. T&Cs Apply.
Live Betting Yes
Live Support Chat Yes
Same Game Parlay Yes
Deposit To Qualify 10
Promo Code BETCO
6
21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER,
Live Betting Yes
Live Support Chat Yes
Same Game Parlay Yes
Deposit To Qualify 5
Promo Code Not Required
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.
Deposit To Qualify 10
Promo Code BETCO

What Is A Colorado Referral Bonus?

Many Colorado sports betting apps offer refer-a-friend promos, also called referral bonuses. These are unique offers that reward you for inviting friends to use the sportsbook.

When you invite a friend to a sportsbook and claim a referral promo in Colorado, both you and the friend will receive a reward of some kind when they sign up and deposit money into their account. Every sportsbook's referral bonus in CO is a little different, so keep reading to learn more details about the best offers in the state.

Are There Referral Bonuses in Colorado?

Yes, there are referral bonuses in Colorado available for you to use today. Not every CO sportsbook offers a refer-a-friend promotion, but many do. Below, we will list some recommendations for our favorite refer-a-friend offers in Colorado.

How to Claim a Referral Bonus in CO

Claiming a referral promo in CO is super simple. You just invite friends to the sportsbook using a generated link that is unique to your account. When they use the link to sign up for a new account at the sportsbook and deposit money, both you and the friend receive a bonus credit. Different sportsbooks have different limits on the number of friends you can refer for a reward.

What Sportsbooks Offer A Refer-A-Friend Bonus in Colorado?

There are several sportsbooks offering a refer-a-friend bonus in Colorado. Each offer is a little different from the next, so it's important to understand the details of some of the best referral bonuses out there in the state.

Caesars Sportsbook: Up To 50,000 in Reward Credits

Caesars Sportsbook CO does its referral bonus program a little differently: Instead of bet credits, they use reward program credits in their offer. This offer is good for 5,000 Rewards Credits per friend that you refer, with a maximum of 10 referrals.

To qualify, share your referral link with a friend. When they sign up for Caesars Sportsbook using your link, make a deposit, and wager at least $50, you and your friend will both be rewarded with 5,000 Rewards Credits.

Fanatics Sportsbook: Up To $500

Fanatics Sportsbook Colorado has a great referral bonus with a maximum value of $500 that can be redeemed with just five separate referrals. When you share your Fanatics referral link with a friend, they just have to download the app, sign up for an account, and deposit and wager at least $20 on any sport. Then, you and your friend will both receive $100 in FanCash, which can be converted into bonus bet credits or used to purchase merchandise.

BetMGM: Up To $2,000 Per Month

The BetMGM Colorado referral promo can reap huge benefits to people with a lot of connections. This offer is good for $100 in bonus bets per friend that you refer, with a limit of 20 friends per month!

Each friend you refer will need to sign up for BetMGM and settle $100 in wagers. Then, both you and your friend will receive a bonus bet credit of $100.

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.

DraftKings: Up To $500

The DraftKings CO refer-a-friend promotion can score up to $100 per friend who you invite, up to 5 friends. This promo works a little differently: For every friend you invite, you will receive a bonus bet credit that is equal to their first deposit, up to a maximum of $100. So, if you invite a friend and they deposit $50, you will receive a $50 bonus bet credit. Unlike other CO refer-a-friend promos, this offer only rewards the referrer.

21+ and present in most states. (18+ DC/KY/NH/WY). Void in IA/KS/KY/LA/MD/MI/NJ/NY/TN/VA/VT/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. Min. $5 deposit. Min. $5 bet. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: dkng.co/bball. Ends 1/5/25 at 11:59 PM ET. Sponsored by DraftKings. GAMBLING PROBLEM? CALL 1-800-GAMBLER,

FanDuel: Up To $250 per Month

FanDuel Colorado Sportsbook has a great referral bonus offer with low stakes. When you invite a friend on FanDuel, they only have to deposit and wager $5 for you to receive a $50 bonus bet credit. You can use this offer for five friends per month. Like the DraftKings offer, only the referrer receives bonus bets.

Referral Bonus Terms & Conditions

It is very important to know the terms and conditions that are associated with any referral promo in CO that you are planning on using. Here are some common terms and conditions for refer-a-friend promos in Colorado:

  • Friend must sign up for sportsbook using your unique referral link
  • Friend must deposit and wager a specified amount of money
  • Bonus bet credits that are rewarded will have certain play through requirements
  • Bonuses are generally credited within 72 hours of bet settling

Referral Promos Pros & Cons

Pros:

  • If you have lots of friends to refer, offers can be very lucrative
  • Each referral can produce rewards for both you and your friend
  • You can refer friends on multiple sportsbooks to maximize winnings

Cons:

  • You must rely on others to complete the sign up and betting process in order to receive a reward
  • Some offers have a high minimum deposit and wager amount that new users might not want to complete
  • Limits on the number of friends you can refer are common

Colorado Refer-A-Friend FAQs

Author

Adam Wernham

Adam Wernham has over eight years of professional copywriting experience. Growing up in the Bay Area, Adam developed strong ties to local teams including the Giants, Warriors, and 49ers. His passion for sports and writing make him a strong voice on all things sports betting and a great asset to the BetColorado staff.

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