DraftKings Colodaro Promo Code: $5 Wager = $150 in Bonus Bets

Draftkings Promo Code: Bet $5 Get $150

This page will give you the inside scoop on everything you need to know about betting with Draftkings Colodaro.

From exciting sign-up bonuses and a huge variety of betting markets to their top-notch user experience and secure platform, we’ll cover it all in this DraftKings sportsbook review. Its cerntainly up there with the best in the Colorado sports betting vertical.

Table of Contents

New users signing up at DraftKings can score an awesome welcome offer: Bet $5, Get $150 in Bonus Bets Instantly! That’s right, once you place your first bet of $5, you’ll receive a total of $150 in bonus bets, regardless of the bet’s outcome. The bonus bets are awarded in increments of six, $25 bets.

Here’s the lowdown:

No Promo Code Needed: Simply sign up through our affiliate link and make your first deposit.
Minimum Bet: Your initial bet must be $5 or more to qualify.
Usage: Bonus bets are valid for seven days from the time they’re credited to your account.
Terms and Conditions: As with any Colorado sports betting promo, there are some terms and conditions to be aware of, so always review the details carefully before claiming. You can read the full terms by clicking the ‘See Details’ button on the bonus page.

The fun doesn’t stop with the Welcome Bonus Bets. DraftKings provides many opportunities to grab bonuses and other rewards as a loyal member.

Here’s an overview of the promos you can expect at DraftKings:

Odds Boosts: DraftKings regularly boosts the odds on select games or props, meaning you can get an increased payout on your winnings if your bet is successful.
Profit Boosts: These promotions boost your profit on winning bets, giving you a percentage extra on top of your regular payout.
Super Bowl Pools: Pick the right answers by the start of the Super Bowl for a shot at one of the guaranteed prize pools.
Refer-a-Friend: Share the excitement with friends and receive bonus bets when they sign up using your referral link. You can invite friends with a personal link via email, text, Facebook, or Twitter.
Daily Free-to-Play Pools: Enter free-to-play pools for a chance to win cash prizes and bonus bets. It is a fun way to test your skills against others, without the financial commitment.
Mission-Based Promos: Participate in challenges for the chance of winning more bonus funds. These might be wagering challenges, or specific prop challenges.

Important Note: Terms and conditions always apply to these promotions, so make sure you review them carefully. Pay close attention to wagering requirements, expiration dates, and any restrictions on bet types. The promotions listed above do not require any unique bonus codes to claim them.

DraftKings Dynasty Rewards Program

The Dynasty Rewards Program is the DraftKings loyalty program, giving every sports fan the chance to earn exciting rewards for every dollar wagered. With this rewards system, you can earn Crowns and Tier Credits to unlock perks and big rewards.

As you accumulate Crowns, you can climb the tier system to unlock exclusive perks, including dedicated customer support, access to unique content, and even personalized promotional offers.

Here’s more information about the Dynasty Tier Credits:

Tier Credits are virtual currencies that can be collected to elevate your status in the rewards program.
Tier Credits are non-redeemable and non-transferable,
The number of Tier Credits awarded depends on the size of your stake and the odds. For example, you can 1 Tier Credit for every $18 wagered on odds of -300 to -125. With odds of -125 to +200, you can 1 Tier Credit for every $9 wagered.
It’s important to note that wagers on odds of less than -300 won’t earn you any Tier Credits.
You can also earn Tier Credits on Fantasy Sports, Pick6, and wagers placed on DraftKings’ sister site, Golden Nugget Online Casino.

Once you’ve accumulated enough Tier Credits, you can level up your status at DraftKings. You can find more information about how many Tier Credits are needed for each level on the relevant page.

Next, let’s talk about the DraftKings Crowns, a form of currency you can use to enter into contests or purchase fun stuff at the official DraftKings Shop. From official NFL gear to awesome gifts with generous discounts, the Crowns add a nice touch to your betting experience at DraftKings.

Here’s some key information about the DraftKings Crowns:

You can earn crowns with wagers on sports or casino games.
The earn rates are different based on the odds or type of game. For example, wagering $2 on slots (with a few exceptions) will earn you one crown. If you wager $1.50 on odds of +200 to +500 in the sportsbook, you get one crown.
When you’ve collected 550 Crowns, you can redeem it for $1 DK Dollar or $1 in casino creedits.

DraftKings Sports Betting Variety

DraftKings stands out for its massive selection of sports and betting options, offering something for every type of bettor. Whether you’re a die-hard betting fan of the Colorado teams seeking Draftkings NBA odds or an enthusiast of other international sports, you’ll find ample opportunities to place wagers here.

Here’s a look at the variety you can expect at DraftKings Colorado:

Sport	Bet Types	Local Teams	Popular Markets
NFL	Spreads, Totals, Moneyline, Player Props, Futures	Denver Broncos	Game & Player Props, Live Betting
NBA	Moneyline, Spreads, Totals, Props	Denver Nuggets	Championship Futures, Player Props
NHL	Puck Line, Moneyline, Totals, Props	Colorado Avalanche	Period Betting, Game Props
MLB	Run Line, Moneyline, Totals, Props	Colorado Rockies	Live Betting, Home Run Props
College Football	Spreads, Moneylines, Totals, Props	Colorado Buffaloes, Colorado State Rams	Championship Futures
College Basketball	Spreads, Moneylines, Totals, Props	Colorado Buffaloes, Colorado State Rams	March Madness Futures
Soccer	Moneyline, Spreads, Totals, Props	Colorado Rapids	European Leagues, International Matches
Golf	Tournament Winner, Top 10, Matchups	N/A	Major Championships, Head-to-Head Matchups
Tennis	Moneyline, Set Betting, Game Props	N/A	Grand Slams, ATP/WTA Events
MMA/Boxing	Moneyline, Method of Victory, Round Props	N/A	Title Fights, Pay-Per-Views
NASCAR	Race Winner, Top 3/5/10 Finish	N/A	Daytona 500, Playoffs

Key Features at DraftKings Colorado

DraftKings doesn’t just offer a variety of sports; they also offer a host of innovative features to enhance your betting experience. Let’s explore some of the key highlights:

Live Betting

Get in on the action with DraftKings’ live betting feature. This allows you to place wagers on games as they happen, with odds that fluctuate in real-time based on the flow of the game. It’s an adrenaline-pumping way to bet, and perfect for those who enjoy a dynamic betting experience.

Live Streaming

While not all games are streamed, Draftking Sportbook states that live streaming is offered for select events. This allows you to watch the game directly through the DK Network, a relatively new product offering from the sportsbook. You can live stream hundreds of sports events on the website or mobile app.

Early Cashout

DraftKings allows you to cash out your bet early on selected sports. This gives you the option to cash out smaller winnings rather than risking your bet until the game or event ends. In other words, it offers a way to minimize losses, more flexibility, and control over your bets.

Competitive Odds

DraftKings odds are competitive and offer great value for your bet. The sportsbook works hard to offer odds that are on par with or better than their competitors.

Daily Fantasy Sports

DraftKings is a big name in the world of DFS, and while they are technically a separate offering, the same platform allows for quick and easy access. This also ties into the Dynasty Reward program, where Crowns can be accrued and used across all DraftKings platforms.

Same-Game Parlays

DraftKings lets you combine multiple bets from the same game into one single parlay. This is a popular way to increase potential payouts and make each game more exciting.

Stats and Data

DraftKings provides an extensive library of stats and data for games and player performances. This is beneficial for both new and experienced bettors, allowing for well-informed decision making.

User Experience at DraftKings

DraftKings has put a lot of effort into crafting an exceptional user experience, and it truly shows. The platform is slick, modern, and incredibly intuitive. Whether you’re using the website or the mobile app, you’ll find that it’s easy to navigate, find the sports and bets you’re looking for, and manage your account

The site and the app are both designed for speed and responsiveness. Pages load quickly, making for a smooth and uninterrupted betting experience. The layout is very clear, even on mobile devices, and the menu systems are well organized.

The color scheme is also very easy on the eyes, and there’s no clutter, keeping the focus where it should be. Overall, DraftKings provides a top-tier platform for in terms of UX.

Ready to get started? Signing up with DraftKings is quick and straightforward. Here’s a step-by-step guide you can follow to create your account:

Go to the DraftKings website or download the DraftKings app.
Find the “Sign Up” or “Join Now” button, usually located at the top of the page or app.
You’ll be asked to provide your email address and create your DraftKings login detail. You’ll also need to enter other personal details as requested, including your full name and the last four digits of your social security number.
Next, click “Verify Identity” to begin the verification process. This is required by law and can’t be skipped.
Once your account is verified, you can choose from various payment methods to make your first deposit.
Claim your Bonus Bets, if you wish to. Remember, the bonus is optional.

Restrictions in State

Colorado has strict laws and restrictions when it comes to online and mobile sports betting. The main thing is to ensure that minors cannot access the site. DraftKings requires all customers to complete a KYC process to prove their age, identity and location. You must be at least 21 to place real money bets. Since the operating license is issued by the state, you are required to be within the borders of Colorado when actively betting.

It is important to note that Colorado does have some restrictions for bettors.

No college prop bets can be placed.
You cannot bet on any type of Awards.
No political betting is allowed.
Colorado does not allow bets on any high school sports or events.

DraftKings Sportsbook App

The DraftKings mobile app is widely regarded as one of the best betting apps in Colorado, and is available for both iOS and Android devices. The app provides a seamless and feature-rich experience that matches, and in some cases surpasses, what you get on the website.

The app is very well designed, with an intuitive layout that makes it easy to browse and use. Pages load quickly and smoothly, and all the most common features are just a tap away. The functionality is also impressive, and the app offers all the same tools as the desktop website. This includes live betting, cashout options, access to all the promotions, customer support, etc.

The mobile app also allows for push notifications, which can be extremely useful if you want to try DraftKings live odds. in a live betting context. It’s fast and reliable, and the app is regularly updated to provide the best possible mobile experience.

DraftKings CO Payment Options

DraftKings knows that flexible and secure payment options are vital for a smooth betting experience. They offer a wide variety of ways to deposit and withdraw funds, ensuring that all users can easily manage their bankroll. These include popular options like bank transfers, Venmo, Apple Pay, and credit cards. Here’s a breakdown of the payment methods available

Deposit Options

Credit and Debit Cards: DraftKings accepts major credit and debit cards such as Visa, MasterCard, and Discover. These are usually processed instantly, allowing you to start betting right away.
PayPal: A popular e-wallet option, PayPal provides fast and secure deposits and withdrawals.
Online Bank Transfers: You can make deposits directly from your bank account using online banking methods.
Prepaid Cards: DraftKings accepts prepaid cards like the DraftKings Play+ Card, which can be funded using other methods.
Gift Cards: You can also use DraftKings gift cards to deposit.

Generally, most deposits are processed instantly, although some bank transfers can take 1-3 business days. Minimum deposits are typically around $5 – $10, but it varies depending on the deposit method you choose.

Withdrawal Options

It’s important to note that not all deposit methods can be used for withdrawals. However, you can rest assured that you have plenty of options to pick from when you need to cash out winnings.

PayPal: The most convenient e-wallet, allowing for fast and secure payouts.
Online Bank Transfers: Withdrawals can also be made through online banking methods directly to your bank account.
Prepaid Cards: You can withdraw funds back to your DraftKings Play+ Card.
Cash at Casino: Withdrawals can also be completed at the retail sportsbook cage at the Golden Gates Casino.

The DraftKing withdrawal time can vary depending on the method, with e-wallets like PayPal generally being the quickest at 24-48 hours, and bank transfers taking 3-5 business days. Minimum withdrawals are typically around $20. Like deposit limits, the minimum withdrawal amount depends on the banking method chosen.

DraftKings Sportsbook – Details and Facts

Colorado legalized online betting in 2019 and DraftKings was one of four sportsbooks to launch on May 1, 2020. Offering a user-friendly online sportsbook and a mobile app for Android and iOS users, you will always have access to this reputable betting site in Colorado. Colorado requires online sportsbooks to be affiliated with retail locations. DraftKings partnered with Bally’s Corporation.

Detail	Information
Owner	DraftKings Inc.
Founded	2012
Best Feature	Wide variety of betting markets and innovative features
Mobile App	iOS & Android
Odds Provider	In-house and third-party sources
Sign Up Bonus	Bet $5 Get $200 in Bonus Bets Instantly
Bonus Code	No Draftkings promo code required
Support	24/7 Live Chat, Email, Contact Form
Regulator	Colorado Gaming Division, North Carolina State Lottery Commission License
Colorado Casino Partner	Bally’s Corporation
Retail Presence	Bally’s Black Hawk

Pros

Extensive Betting Markets: DraftKings offers a massive range of sports and bet types, covering everything from the NFL to international leagues.
User-Friendly Interface: The platform is intuitive and easy to navigate, making it simple to find the bets you want.
Competitive Odds: You’ll find that DraftKings consistently offers odds that are on par or better than many other sportsbooks in Colorado.
Fantastic Mobile App: The DraftKings mobile app is one of the best in the industry, offering a seamless and smooth betting experience on the go.
Regular Promotions: DraftKings keeps things exciting with ongoing bonuses and promotions, giving you more value for your wagers.

Cons

Bonus Terms: Some bonus offers come with wagering requirements, so make sure you check the fine print.
Withdrawal Times: While there are many options, some withdrawal methods may take up to five business days to process.
Customer Support: While readily available, response times can vary during peak hours. Additionally, the live chat is initially operated by a chatbot and connecting to a human agent can be tricky.

DraftKings Security & License

DraftKings is legal in states such as Colorado and as such you can rest assured that the operator’s activities are monitored to ensure player protection. Also, your security is paramount, and DraftKings goes to great lengths to protect your personal and financial information.

The platform utilizes state-of-the-art encryption technology to secure all transactions. They also hold a legitimate license to operate in Colorado, granted by the Colorado Division of Gaming. This regulatory oversight provides added peace of mind.

DraftKings uses advanced security measures to protect user data and prevent fraud. They also ensure the integrity of every transaction. Their commitment to user security ensures a safe environment for all.

Note that besides the security measures put in place, players can secure their accounts by keeping their DraftKings sportsbook login credentials such that they’re out of reach.

Responsible Gambling Measures

DraftKings Sportsbook Colorado is also committed to promoting responsible gambling. The platform offers several tools and resources to help users manage their betting activity. Once you create your account, you’re encouraged to use these limits right away. Draftkings provides a dedicated RG Center you can visit to learn more about safe betting, the available resources, and tips to control your gambling.

Some of these responsible gambling tools DraftKings states in its policy include:

Setting Limits: You can set limits on deposits, spending, and time spent on the platform. These include deposit, wager, and maximum wager limits.
Session Limits: You can set time limits to control the amount of time you spend at DraftKings.
Self-Exclusion: DraftKings provides an option for self-exclusion, allowing you to voluntarily block yourself from accessing the platform.
Cool-Off Periods: You can implement temporary breaks from betting if you feel like you need to step back for a bit.

For additional support, Colorado also has a state-run self-exclusion program that allows users to exclude themselves from all licensed gaming establishments. If necessary, you can also close your account by going to the ‘Close Account’ page.

If you have any issues using the safe gambling tools, don’t hesitate to contact the customer support team for assistance. You can also contact the Colorado Problem Gambling hotline at 1-800-GAMBLER or the National Council on Problem Gambling for professional help.

DraftKings CO Customer Service

The DraftKings’ customer service offers various channels and ways to get in touch, ensuring that you can get the assistance you need promptly and efficiently. Their customer service team is available 24/7 through multiple contact methods:

Live chat: This is the fastest way to get in touch, although it’s important to note that it’s a chatbot. If you don’t find the answers you’re looking for, you can request to speak to an agent. The response time is up to four hours.
Email: You can send email enquiries using the contact form on the website or app.
X: You can contact the team via X (formerly Twitter). The X handle is @DK_Assist.
Request a callback: You can request a callback through the chatbot. Please note this option isn’t available for Fantasy Sports customers.
Contact form: There’s also a dedicated contact form on the website to submit your questions and concerns.

DraftKings Review Conclusion

DraftKings Sportsbook offers a top-tier sports betting experience in Colorado. Their strengths lie in their massive variety of betting options, competitive odds, and a user-friendly platform that is accessible both on desktop and mobile devices. The welcome bonus for new users is a great way to start, and the ongoing promotions offer great value to existing customers.

While they may have a few minor drawbacks, such as the wagering requirements that come with certain bonus offers, these are small in comparison to the many benefits. Their commitment to security, responsible gambling, and a strong user experience make DraftKings an exceptional choice for sports bettors in Colorado.

DraftKings Sportsbook Colorado FAQ

Is DraftKings Sportsbook legal in Colorado?

Yes, DraftKings is fully licensed and regulated by the Colorado Division of Gaming. This means they can legally offer online sports betting in the state.

What is the minimum age to bet on DraftKings in Colorado?

You must be 21 years or older to place wagers on DraftKings in Colorado.

Do I have to be a resident of Colorado to bet on DraftKings?

No, you do not have to be a resident. However, you must be physically located within Colorado state lines to place any bets.

What is the DraftKings sign-up bonus in Colorado?

The DraftKings sign up bonus is the following: Bet $5, Get $200 in Bonus Bets.

What sports can I bet on with DraftKings in Colorado?

You can get the latest DraftKings NFL odds and also explore betting options in NBA, NHL, MLB, College sports, soccer, golf, tennis, and MMA/Boxing, among others. They also offer live betting and various prop options.

What are the payment methods available for deposits and withdrawals?

DraftKings offers a good variety of payment options, including credit and debit cards, PayPal, Venmo, online bank transfers, prepaid cards, gift cards, and cash at the casino.

Does DraftKings have a mobile app?

Yes, DraftKings has a highly rated mobile app for both iOS and Android devices.

Is customer support available at DraftKings?

Yes, DraftKings’ customer support is available 24/7 and can be reached via live chat, email, and other communication channels.

What responsible gambling tools does DraftKings offer?

DraftKings provides tools such as deposit limits, spending limits, self-exclusion, and cool-off periods to help users manage their gambling habits. They also direct users to Colorado-specific resources for problem gambling assistance.

Where is the retail location for Draftkings in Colorado?

DraftKings operates a retail sportsbook at Bally’s Black Hawk.