Colorado is home to some of the finest sports betting sites in the industry. With top sportsbooks like DraftKings, BetMGM, and FanDuel all available, you can be sure you will find the best Colorado sportsbook promos. Each of the licensed sites in the state provides rewarding sports betting promos to new and returning customers. If you are ready to get started and are seeking a top-paying sign-up bonus, we got you covered right here.
Must be physically present in CO and 21+ to participate. T&Cs Apply. Gambling problem? Call or Text 1-800-GAMBLER
Bet365 Sportsbook
Must be physically present in CO and 21+ to participate. T&Cs Apply. Gambling problem? Call or Text 1-800-GAMBLER
Must be physically present in CO and 21+ to participate. T&Cs Apply. Gambling problem? Call or Text 1-800-GAMBLER
Must be physically present in CO and 21+ to participate. T&Cs Apply. Gambling problem? Call or Text 1-800-GAMBLER
Must be physically present in CO and 21+ to participate. T&Cs Apply. Gambling problem? Call or Text 1-800-GAMBLER
Table of Contents
Colorado Sportsbook Promo Codes (Valid April 2025)
| Sportsbook | New Player Offer | Promo Code |
|---|---|---|
| Fanatics | Bet $1 Get $1000 (No Sweat Bets) | |
| DraftKings | Bet $5 Get $200 (Bonus Bets) | |
| Fanduel | Win $5 Get $200 (Bonus Bets) | |
| Bet365 | 1st Bet Safety or Bet $5 Get $150 | |
| BetMGM | Bet $10 Get $1500 (Bonus Bets) | |
| Circa | Best Odds | |
| ESPN Bet | Bet $10 Get $100 & ESPN+ (Bonus Bets) | |
| BetRivers | Up to $250 2nd Chance Bet | |
| Caesars | 2x Winnings on 1st Ten Bets | |
| Bally Bet | Bet $10 Get $50 (Bonus Bets) | |
| Sporttrade | 10% Cash Back Up to $100 | |
| Smarkets | 0% Commission for 60 Days | |
| BetMonarch | 50% Deposit Bonus (Max $50) |
Top Sportsbook Promotions in Colorado
Our team of experts has worked to gather the details on the best Colorado sportsbook promos. Here, you can quickly compare offers and find a sign-up bonus that will kick-start your sports betting experience. We also provide information on ongoing bonuses that can be claimed when you return to your favorite sportsbook.
Fanatics Promo Colorado
| 🎁 Sign-up Offer | |
| 🔠 Promo Code | None Needed |
| ✔️ Availability | New Customers Only |
| 💰 Min Deposit | $10 |
| 📱 Mobile Apps | iOS & Android |
Pros & Cons of Fanatics Welcome Bonus
Fanatics Colorado welcomes new users with a “Bet $5, Get $1000” bonus. This offer guarantees $1000 in bonus bets, distributed as ten $100 bets, once a new user places a $1 wager. A minimum deposit of $10 is required to activate the promotion. This offer provides a straightforward way to start betting with a substantial bonus, but users should be aware that the bonus bets must be used within seven days of receipt.
How to Claim the Offer
To claim the Fanatics welcome offer, first, visit the Fanatics Sportsbook through our promotional link and register for a new account, providing all required personal details. Eligibility requires you to be 21 or older and physically located in Colorado.
Next, deposit at least $10 into your new account. Then, place a qualifying bet of at least $1 on any sports market. Once your qualifying wager is placed, Fanatics will credit your account with up to ten $100 bonus bets, totaling $1000.
These bonus bets are valid for seven days and can be used on any sports market available on the Fanatics Sportsbook platform.
Other Fanatics Sportsbook Promotions
And there’s more. In addition to the welcome offer, Fanatics have great promotions to existing customers.
- Odds Boosts: Daily odds boosts on selected games and markets.
- Refer-a-Friend: Earn bonus bets for every friend you refer to Fanatics Sportsbook.
- Parlay Insurance: Receive a refund in bonus bets if one leg of your parlay loses.
FanDuel Promos Colorado
| 🎁 Sign-up Offer | |
| 🔠 Promo Code | None Needed |
| ✔️ Availability | New Customers Only |
| 💰 Min Deposit | $10 |
| 📱 Mobile Apps | iOS & Android |
Pros & Cons of FanDuel Welcome Bonus
FanDuel Colorado extends a welcome offer to new users: “Win $5, Get $200 in Bonus Bets.” By winning an initial wager of at least $5, new customers automatically receive $200 in bonus bets. This promotion requires a minimum deposit of $10. This straightforward offer provides an accessible entry point for new bettors, granting a substantial bonus for a minimal initial investment. However, the bonus bets cannot be withdrawn as cash and must be used on the FanDuel platform.
How to Claim the Offer
To claim this offer, begin by visiting the FanDuel Sportsbook website via the promotional link and proceed to create a new account. Ensure all personal details are accurately provided. To participate, you must be 21 years or older and located within Colorado state lines.
Next, deposit a minimum of $10 into your newly created account. Following the deposit, place a real-money wager of at least $5 on any sports market offered by FanDuel.
Once you win your first $5, FanDuel will credit your account with $200 in bonus bets.
Other FanDuel Sportsbook Promotions
FanDuel Sportsbook also provides ongoing promotions to their registered players.
- No Sweat Bet: Place a bet and if it loses, get a refund in bonus bets.
- Refer-a-Friend: Both you and your friend receive bonus bets when they sign up through your referral link.
- Daily Odds Boosts: Enhanced odds on selected games and events, providing increased potential payouts.
Bet365 Promos Colorado
| 🎁 Sign-up Offer #1 | |
| 🎁 Sign-up Offer #2 | Bet $5 Get $150 in Bonus Bets |
| 🔠 Promo Code | None Needed |
| ✔️ Availability | New Customers Only |
| 💰 Min Deposit | $10 |
| 📱 Mobile Apps | iOS & Android |
Pros & Cons of Bet365 Welcome Bonus
Bet365 Colorado presents two distinct welcome offers for new users. The first is a “Bet $5, Get $150” bonus that guarantees $150 in bonus bets with just a $5 wager and $10 minimum deposit. While this offer provides guaranteed value and flexibility to split bonus bets across multiple wagers, users must be aware of the 7-day expiration period and minimum odds requirement of -500 or greater.
The alternative $1,000 First Bet Safety Net offers higher potential value, refunding lost first bets with bonus bets up to $1,000. This option provides more flexibility with odds selection but requires a larger initial investment to maximize the benefit. The bonus bets from this offer also expire after 7 days and cannot be withdrawn directly as cash.
How to Claim the Offer
First, visit Bet365 through any promotional link and create your account with your personal details. You must be 21 or older and located in Colorado to participate.
Next, deposit at least $10 into your account within 7 days of signing up. Then place your qualifying bet – either $10 for the $150 bonus offer or up to $1,000 for the Safety Net offer. Your bet needs to settle within 30 days.
Once your bet settles, Bet365 will automatically credit your account with either the $150 in bonus bets or matching bonus bets if your Safety Net wager loses.
Other Bet365 Sportsbook Promotions
In addition to the fantastic welcome offers, the sportsbook have other ongoing promotions for existing customers.
- Tip of Tuesdays: Gives $25 in bonus bets when placing $50+ on NBA Tuesday games.
- Slam Dunk Saturdays: Get $25 in bonus bets when placing $50 or more on NFL Sunday parlays.
- Odds Boost: Enhanced odds on popular matches and prime-time games
DraftKings Promos Colorado
| 🎁 Sign-up Offer | |
| 🔠 Promo Code | None Needed |
| ✔️ Availability | New Customers Only |
| 💰 Min Deposit | $5 |
| 📱 Mobile Apps | iOS & Android |
Pros & Cons of DraftKings Welcome Bonus
DraftKings Colorado offers a straightforward welcome bonus for new users: “Bet $5, Get $150 Instantly in Bonus Bets.” This promotion instantly credits new users with $200 in bonus bets upon placing an initial wager of $5 or more. A minimum deposit of $5 is required to activate the offer.
The advantage of this promotion is the guaranteed bonus, regardless of the outcome of the qualifying wager. However, the bonus bets cannot be withdrawn as cash and must be used on DraftKings Sportsbook.
How to Claim the Offer
To claim the DraftKings welcome bonus, first, navigate to the DraftKings Sportsbook website through a promotional link and create a new account. Ensure that all required personal details are accurately provided. Eligibility requires you to be 21 years of age or older and physically located in Colorado.
Next, deposit a minimum of $5 into your new DraftKings account. Then, place a qualifying wager of at least $5 on any sports market available on DraftKings Sportsbook.
Immediately after placing your qualifying wager, DraftKings will credit your account with $150 in bonus bets, regardless of whether your initial bet wins or loses.
Other DraftKings Sportsbook Promotions
DraftKings Sportsbook also offers several ongoing promotions for existing users.
- Odds Boosts: Enhanced odds on selected games and events, providing the opportunity for increased payouts.
- Refer-a-Friend: Both you and your referred friend receive bonus bets when they sign up and meet the qualifying criteria.
- Daily Free-to-Play Pools: Participate in free-to-play pools with opportunities to win cash prizes and bonus bets.
BetMGM Promos Colorado
| 🎁 Sign-up Offer | |
| 🔠 Promo Code | BETMGMBONUS |
| ✔️ Availability | New Customers Only |
| 💰 Min Deposit | $5 |
| 📱 Mobile Apps | iOS & Android |
Pros & Cons of BetMGM Welcome Bonus
BetMGM Colorado offers new users a “First Bet Offer Up to $1,500 Paid Back in Bonus Bets if Your First Bet Loses.” This means that if your first bet loses, you’ll receive the amount of your wager back in bonus bets, up to a maximum of $1,500. A minimum deposit of $10 is required. This promotion offers a safety net for your first bet, reducing the risk involved in trying out the platform. However, it’s important to remember that bonus bets cannot be withdrawn as cash and must be used on BetMGM. If your initial bet wins, you receive your winnings as normal, but no bonus.
How to Claim the Offer
To claim the BetMGM welcome offer, first, visit the BetMGM Sportsbook site via a promotional link and register for a new account, providing all the necessary personal details. To be eligible, you must be 21 years or older and physically located in Colorado.
Next, deposit a minimum of $10 into your new BetMGM account. Then, place your first real-money wager on any sports market offered by BetMGM.
If your first bet loses, BetMGM will credit your account with bonus bets equal to the amount of your losing wager, up to $1,500. If your bet is over $50, the bonus will be paid out in 20% denominations of the total amount (e.g. a $1,000 losing wager would result in five $200 bonus bets). If your bet is under $50, it will be paid out as one single bonus bet.
Other BetMGM Sportsbook Promotions
BetMGM Sportsbook offers a variety of exciting promotions that is beneficial for existing users.
- Odds Boosts: Daily odds boost on selected games and events.
- Parlay Plus: Boost your parlay winnings by up to 40% on successful parlays.
- Edit My Bet: Allows you to edit eligible bets, including adding, swapping, or removing selections
Types of Bonuses & Promotional Оffers
Colorado firms offer a range of bonuses and promotional offers to new and existing customers. These include deposit bonuses, free bets, odds boosts and multiple bet enhancements. Make sure to study all the wording thoroughly so that you understand how much you need to stake and when these bets expire. To enhance your betting experience, make sure that you compare the bonuses and promotional offers that are available to Colorado Sports bettors.
Deposit Match Bonuses
Deposit match bonuses match a percentage of your initial deposit with bonus funds that you can use for betting. So, for example, if you deposit one hundred dollars and you receive a 100% deposit match then you will get 200 dollars. Make sure you check the terms and conditions as some will come with specific rules. For instance, it might only be available to bet on a certain fixture or a certain sport.
No-Deposit Bonuses
No deposit bonuses are an excellent way to try companies out risk free. These are free betting credits that you receive to your account without having to deposit any funds. These bonuses will usually come with a set of terms and conditions about when and how they can be used so be sure to read these thoroughly.
Insurance Bets
Insurance bets are offered by sportsbooks to mitigate the risk of losing wagers. These offers typically refund your stake as bonus bets if your qualifying bet loses. For example, BetMGM’s “First Bet Safety Net” returns up to $1,500 in bonus bets if your initial wager doesn’t win. This type of promotion is ideal for new bettors exploring betting markets.
Free Bets & Bet Credits
Free bets and Bet Credits are another way to try a bet without risking or putting down any of your own money. These offers tend to come with specific rules and regulations so be sure to check the terms and conditions clearly.
Odds Booster
Odds Booster are enhancement on the initial price that is normally on offer. These enhancements allow you to earn more from successful bets. Be sure to keep a look out for special enhancements or offers on games for NFL and Super Bowl betting, or events that will boost your bet on Colorado sports teams.
Referral Bonus
Referral bonuses allow you to earn rewards by inviting friends to join a sportsbook. Many operators, including FanDuel and Bet365, offer these promotions. Both you and your referred friend typically receive bonus bets once they sign up using your referral link and meet the qualifying criteria.
How to Claim Promos in Colorado
Different betting sites and sports betting apps in Colorado offer various methods for claiming their promotional offers. Here’s an overview of the common ways to claim promo.
Activation Link
Claiming Colorado sportsbooks promos via activation links is a simple method. By clicking on a promotional link provided on this page, players will automatically unlock offers without entering codes manually. Sportsbooks like DraftKings and Fanatics often use this streamlined process. Ensure you complete the account registration and meet deposit requirements to secure your bonus.
Promo Codes
Colorado sportsbook promo codes are another common way to access bonuses. Users input a unique code during sign-up or deposit to activate their desired promotion. These codes are found in the table further up this page. While some sportsbooks require codes for all promotions, others—like FanDuel—offer bonuses without them.
Opt-In
Some sportsbooks require users to opt-in for specific promotions after account creation. This process typically involves clicking a button or checking a box within the promotions section. Opt-in offers are common for ongoing promotions like odds boosts or parlay insurance. Pay attention to opt-in deadlines and eligibility requirements to maximize your rewards.
Customer Service
Customer service is crucial for resolving issues related to sportsbook promotions in Colorado. Most sportsbooks provide multiple support channels such as live chat, email, and phone assistance. Reliable customer service ensures smooth navigation of promotional terms and conditions while addressing concerns promptly. Look for platforms with 24/7 support for the best user experience when dealing with promotional inquiries or issues.
How We Rate Colorado Sportsbook Promotions
As experts in the Colorado betting landscape, we understand the importance of sportsbook promotions in enhancing your betting experience. Our evaluation process ensures that we provide you with accurate, unbiased recommendations for the best promotional offers in the Centennial State. Here’s how we assess the wide array of Colorado sports betting promotions.
Welcome bonuses
When it comes to sportsbook promotions in Colorado, the welcome bonus is the most enticing offer for new bettors. We look deep into the sign-up offers provided by Colorado sportsbooks, carefully analyzing all aspects to ensure you get the best bang for your buck. Our evaluation considers:
- Bonus amount and type (e.g., risk-free bets, deposit matches)
- Wagering requirements and time limits
- Minimum odds restrictions
- Eligible sports and bet types
Ongoing Promotions
While welcome bonuses might catch your eye, it’s the regular Colorado sports betting promos that keep you coming back for more. We evaluate the ongoing promotions to ensure you’re always getting value long after you’ve signed up. Our assessment includes:
- Frequency and variety of offers
- Value proposition for different types of bettors
- Seasonal and event-specific promotions
- Colorado-centric bonuses around local teams
Loyalty Programs
A robust rewards system can enhance your betting experience, turning casual bettors into VIPs. We thoroughly examine the loyalty programs offered by the different sportsbooks, considering:
- Point accumulation rates
- Redemption options and value
- VIP tiers and associated perks
- Exclusive promotions for loyal customers
Promotion Terms and Conditions
When it comes to Colorado sportsbook bonuses, the devil is often in the details. We meticulously review the fine print of every offer to ensure fairness and transparency, so you don’t get caught out by unexpected restrictions:
- Clarity of terms and conditions
- Reasonableness of playthrough requirements
- Withdrawal restrictions on bonus funds
- Time limitations for using promotions
User Experience
The best Colorado sports betting promotions are worthless if you can’t easily claim and use them. We put ourselves in your shoes, considering every aspect of the user experience when it comes to promotions:
- Simplicity of opt-in process
- Clear display of active promotions
- Mobile accessibility of offers
- Integration with betting slip and account management
Promotion Creativity and Innovation
In the competitive world of Colorado sports betting bonuses, we appreciate sportsbooks that think outside the box. Our evaluation rewards operators who bring fresh ideas to the table:
- Unique promotion concepts
- Interactive promotional games or contests
- Community-building promotions (e.g., refer-a-friend bonuses)
- Cross-platform promotions (online, mobile, retail)
Colorado-Specific Value
When assessing sportsbook promos in Colorado, we prioritize offers that cater specifically to local bettors. After all, what good is a promotion if it doesn’t resonate with the Colorado sports scene? We look for:
- Odds boosts on local teams like Nuggets
- Promotions tied to Colorado-based events or attractions
- Partnerships with local sports figures or organizations
Responsible Gaming Integration
While we’re all about finding the best Colorado betting promos, we also value sportsbooks that promote responsible gambling within their promotional offerings. Our assessment includes:
- Inclusion of responsible gaming messages
- Reasonable caps on bonus amounts
- Options to self-exclude from promotional communications
Comparative Analysis
To truly determine the best sportsbook promos in Colorado, we don’t evaluate offers in isolation. Our process includes a thorough comparative analysis:
- Comparing similar offers across multiple sportsbooks
- Assessing the overall promotional landscape in the state
- Identifying trends and best practices in sportsbook promotions
Sports Betting Bonuses Terms and Conditions
Wagering Requirements
Specifies how many times you must bet the bonus amount before you can withdraw winnings. (e.g., 10x bonus amount). Complete this within a set timeframe.
Minimum Odds Requirements
Bets must meet a minimum odds threshold (e.g., -200) to count toward wagering requirements or to be placed using a bonus bet.
Time Restrictions
Bonuses and wagering requirements have expiration dates. Use the bonus and fulfill requirements within the given timeframe (e.g., 7-30 days).
Deposit Conditions
A minimum deposit is usually required to qualify for a bonus, and there’s often a maximum bonus amount. Some payment methods might be excluded.
Bet Restrictions
Maximum bet sizes might apply, and certain sports, markets, or bet types could be ineligible for bonus use or contribution to wagering. Avoid prohibited betting patterns.
Account Requirements
Bonuses are generally limited to one per household/IP address. Age, location, and account verification are typically mandatory. Usually, only new customers are eligible.
Withdrawal Conditions
Minimum withdrawal amounts apply. Be aware of withdrawal processing times and potential restrictions on cashing out while a bonus is active. Maximum win limits may also be in place.
Market Limitations
Certain sports, events, or betting markets might be excluded from bonus eligibility or wagering requirement contributions. Specific competition requirements could also apply.
Pros & Cons of Colorado Sports Betting Bonuses
| Pros | Cons |
|---|---|
| Generate extra betting funds | Playthrough requirements may restrict withdrawals |
| No-risk bets for first wagers | Time limits on using bonus bets (often 7-14 days) |
| Try different betting markets with bonus funds | Some bonuses have minimum odds requirements |
| Boost winnings through odds/profit boosts | Deposit match bonuses may require large initial deposits |
| Earn rewards by inviting friends | Complex terms and conditions require careful reading |
Safe Sportsbooks Promo Tips
- Set a budget and stick to it
- Don’t chase losses
- Never bet more than you can afford to lose
- Utilize responsible gaming tools
- Familiarize yourself with any local betting restrictions
- Seek help if you have a gambling problem
Finding the best Colorado sportsbooks promotion also means being aware of responsible gaming practices.
Colorado Sportsbook Promos FAQ
How do I claim my welcome bonus at Colorado sportsbooks?
To claim your welcome bonus, first create an account at your chosen sportsbook and verify your identity. Then make a qualifying first deposit that meets the minimum requirement. Some bonuses are credited automatically, while others may require you to opt-in or enter a promo code during registration. Your bonus will appear in your account shortly after meeting these conditions.
Can you claim multiple sportsbook welcome bonuses in Colorado?
Yes, you can claim welcome bonuses from different Colorado sportsbooks since each operator offers its own unique promotion. This practice, known as bonus hunting, is completely legal. You can sign up at multiple sportsbooks and claim each of their welcome offers, maximizing your potential bonus value across different platforms.
Do you need a promo code to get sportsbook welcome bonuses?
While some sportsbooks automatically apply welcome bonuses, others require specific promo codes during registration or your first deposit. These codes are typically prominently displayed on the sportsbook’s promotions page or can be found through affiliate partners. Always check the bonus terms to see if a code is needed.
What’s the difference between free bets and bonus credits?
Free bets are single-use tokens where only the winnings are returned to you, not the stake amount. Bonus credits, also called site credits, work like real money and both the stake and winnings are returned on winning bets. Bonus credits are generally more flexible as they can be divided across multiple wagers.
How do parlay boosts and odds boosts work at sportsbooks?
Parlay boosts increase your potential payout on multi-leg bets by adding extra percentage points to your winnings. Odds boosts enhance the odds-on specific bets, offering better value than standard lines. These promotions are typically applied automatically at checkout or can be activated with a single click before placing your bet.
Which bet types qualify for meeting bonus requirements?
Most straight bets, parlays, and prop bets qualify for meeting bonus requirements, typically requiring minimum odds of -200 or longer. However, some bet types like super-heavy favorites, certain props, or specific betting markets may be excluded. Always check the terms and conditions for specific restrictions.
What happens if you withdraw funds before meeting bonus requirements?
Withdrawing funds before completing wagering requirements typically voids your bonus and any winnings earned from it. Most sportsbooks will automatically remove the remaining bonus amount and associated winnings from your account. It’s crucial to complete all playthrough requirements before requesting any withdrawals.