Colorado Promo Codes May 2022

Looking for Colorado Sportsbook Promo Codes? You’re in the right spot. Find exclusive and lucrative Colorado sportsbook bonus codes here!

Colorado Sportsbook Promo Codes

Caesars Sportsbook

Caesars Sportsbook 1st BET INSURANCE

Use code HUGESPORTCZR when you sign up to get a First Bet Match up to $1,001!
$1,100 Bet Insurance get bonus
HUGESPORTCZR
Terms and Conditions apply
DraftKings Sportsbook

DraftKings Sportsbook DEPOSIT BONUS

Get a Deposit Bonus on your first deposit worth up to $1,000!
$1,000 Deposit Bonus get bonus
Terms and Conditions apply
BetMGM Sportsbook

BetMGM Sportsbook RISK FREE

Use code USABET when you sign up to get a Risk Free Bet up to $1,000!
$1,000 Risk Free Bet get bonus
USABET
Terms and Conditions apply
BetRivers Sportsbook

BetRivers Sportsbook DEPOSIT MATCH

Use code USWAGER to get a Deposit Match Bonus on your first deposit worth up to $250!
$250 Deposit Match get bonus
USWAGER
Terms and Conditions apply
PointsBet Sportsbook

PointsBet Sportsbook DEPOSIT BONUS

Use code WEDGET2 when you sign up to get up to $2000 in Risk Free Bets!!
$2000 Risk Free Bets get bonus
WEDGET2
Terms and Conditions apply
FanDuel Sportsbook

FanDuel Sportsbook RISK FREE

Get a Risk Free Bet on your first bet worth up to $1,000!
$1,000 Risk Free Bet get bonus
Terms and Conditions apply

Colorado Online Gambling History

It seems as though online sports betting started in the east and slowly gravitated to the west.

In the midst of that happening, Colorado became one of the fastest non-east coast states to legalize online sports betting.

The Professional and Amateur Sports Protection Act (PASPA) was overturned in May 2018 and Colorado legalized sport betting in 2019 but officially launched on May 1, 2020.

On that day, three online sportsbooks launched immediately.

It made sense for the state to get in on the online sports betting industry sooner rather than later as an Oxford Economics study in 2017 projected Colorado generating nearly $5 billion in annual revenue from it.

Colorado Sportsbook Promo Codes

Colorado has major sports teams in the NFL, NBA, NHL, and MLB, so there are more than enough prime markets.

Sure, online sports betting has been legal for some time now in Colorado, but there is always more to learn whether you’ve begun or not.

Let’s take a deep dive into the world of online sports betting in Colorado.

How to Join a Sportsbook in Colorado

Fortunately for us, there is great uniformity in terms of the registration process and how to locate it at most online sportsbooks.

Generally speaking, everything you’ll want to find is in the upper right-hand corner of the page.

From here, you will need to give some personal information such as the following:

  • Address
  • Date of birth
  • Last four digits of your social security

This may seem like some invasive requirements, but this is totally normal across all online sportsbooks because sports betting winnings are taxable income.

After registering, all Colorado sportsbooks will use geolocation software to confirm you are physically located in the state.

However, you do not need to be a Colorado resident to bet. You just need to be physically located in the state and be 21 years of age or older.

BetMGM Sportsbook Colorado

Positive
  • Highly trusted brand
  • USABET promo code available
  • Plenty of daily and weekly promotions
  • BetMGM Parlay Generator tool available
  • Available in 16 states
Negatives
  • Many MGM Rewards are too hard to claim

Caesars Sportsbook Colorado

Positive
  • Best sportsbook promos around
  • HUGESPORTCZR promo code available
  • Clean mobile app
  • Available in 7 states
  • Lots of deposit methods available
Negatives
  • In-play markets limited

DraftKings Online Sportsbook Colorado

Positive
  • The most reputable brand in America
  • No need to think about a promo code
  • Easy to use on mobile and desktop
  • Huge variety of exclusive promotions
  • Lots of deposit methods available
Negatives
  • Deposit Bonus is only 20% of deposit

BetRivers Sportsbook Colorado

Positive
  • Only 1x wagering requirement on bonus
  • Promo code USWAGER available
  • Excellent rewards program
  • Available in several states
  • Lots of deposit methods available
Negatives
  • Maximum bonus amount could be higher
  • In-play markets limited

FanDuel Sportsbook Colorado

Positive
  • One of the most reputable sportsbooks
  • No need to think about a promo code
  • Huge variety of sports betting markets
  • Easy to use on mobile and desktop
  • Lots of deposit methods available
Negatives
  • Limited customer service options

PointsBet Sportsbook Colorado

Positive
  • Unique 'Points Betting' option
  • Promo code WEDGET2 available
  • More than just a deposit match
  • Available in several states
  • Lots of deposit methods available
Negatives
  • Site and app can be glitchy

Colorado Sportsbook Promo Codes Explained

Now that Colorado has had online sportsbooks for a little while, you may start to see promo codes pop up more and more, whether from the online sportsbook themselves or through partnership deals.

Promo codes will not be needed for all promos and bonuses at an online sportsbook in the state, but when they are, you need to use them or you will not receive the benefits.

In Colorado, some online sportsbooks will have welcome bonuses that require them.

When this is the case, you will use the bonus code during the registration process. There will be a field for you to use the code at.

Here are some welcome bonuses you will find in Colorado:

  • Deposit Match
  • Free Bet
  • No-Deposit Bonus
  • Risk-Free Bet

Beyond the welcome bonus, players will always want their favorite online sportsbook to offer more than just that. Well, most online sportsbooks do in the form of ongoing—or existing—player promos. These do not come with the same monetary benefits as welcome bonuses, but still, provide an extra benefit to players in hopes of increasing their bankrolls.

BetMGM Sportsbook

BetMGM Sportsbook RISK FREE

Use code USABET when you sign up to get a Risk Free Bet up to $1,000!
$1,000 Risk Free Bet get bonus
USABET
Terms and Conditions apply

Most of the time a promo code will not be needed for these offers in Colorado, but when they do, you’ll mostly need to use them on the deposit page and complete the process with a deposit.

Online sportsbooks in Colorado are always coming up with new and exciting offers, but here is a list of some that you can expect to find at all times:

  • Parlay Insurance
  • Smaller deposit matches
  • Bet and Get Offers
  • Receive bonus funds after wagering a certain amount on a particular contest
  • Same Game Parlay boosts or insurance
  • Odds Boosts
  • Sweepstakes

Colorado Sportsbook Land-Based Partners Table

SportsbookLand-Based PartnerLaunch Date
BetMGM Midnight Rose Hotel & CasinoMay 2020
Caesars Lady Luck and Isle Casino September 2020
DraftKings Golden Gulch Casino May 2020
BetRivers J.P. McGillis Hotel & Casino May 2020
FanDuel Golden Gates Casino May 2020
PointsBet Double Eagles Hotel & Casino November 2020
Colorado Sportsbooks Land-Based Partners

How to Deposit Money Online In Colorado – After Securing Your Colorado Sportsbook Promo Codes

In order to wager, you’re going to need to spend some money by depositing it into your account.

In the upper right-hand corner of the online sportsbook page near the log-in and registration buttons, you’ll find either your account icon or deposit link.

Here, you will find all of the possible ways to deposit with the sportsbook you are playing at and also the minimum and maximum amounts.

Caesars Sportsbook

Caesars Sportsbook 1st BET INSURANCE

Use code HUGESPORTCZR when you sign up to get a First Bet Match up to $1,001!
$1,100 Bet Insurance get bonus
HUGESPORTCZR
Terms and Conditions apply

All deposits are handled right there on the site, though, so you won’t need to go to another website to complete most of the deposit transactions.

How to Withdraw at a Colorado Sportsbook

Withdrawing requires a few more steps, but is still easy to do in Colorado. Think about it, as taxable income, it’s important to make sure that the money being sent out is actually going to you.

While there may be fewer withdrawal methods than deposit methods, there will most certainly be at least one that you can take advantage of.

All online sportsbooks have similar procedures for carrying out a withdrawal. Here are the things to keep in mind when going into a withdrawal process:

  • Time for approving the withdrawal
  • Processing time for the withdrawal
  • Minimum and maximum withdrawal amounts
  • In some cases, you must use a method as a deposit method first before withdrawing
  • Identity confirmation such as sending in a picture of your photo ID
  • Verifying your account through an email link

Most withdrawals happen relatively quickly, however, landing in the 1-3 business days range, depending on the method.

Sports Betting Markets at Colorado Sports Betting Operators

We mentioned how Colorado has professional franchises in the more well-known leagues in the United States, but there is a market for just about everything.

Colorado offers a wide variety of sports markets all throughout the state.

While some states may not allow it, you can wager on NCAA teams that are based in Colorado.

DraftKings Sportsbook

DraftKings Sportsbook DEPOSIT BONUS

Get a Deposit Bonus on your first deposit worth up to $1,000!
$1,000 Deposit Bonus get bonus
Terms and Conditions apply

If you’re looking at an online sportsbook and it doesn’t list some of the options below, simply look toward another sportsbook as this list is meant to be comprehensive for what you’ll find in the state as a whole.

  • Football
  • Baseball
  • Basketball
  • Hockey
  • Golf
  • MMA
  • Tennis
  • Darts
  • Cricket
  • Boxing
  • Soccer
  • Volleyball
  • Table Tennis
  • Motorsports
  • Handball
  • Lacrosse
  • Pool
  • Snooker
  • Rugby League
  • Rugby Union
  • Cycling
  • Badminton
  • Formula 1
Colorado Sportsbook Bonus Codes

Banking/Payment Methods at a Colorado Online Sportsbook

We’ve gone over how to give and get money from an online sportsbook and how to claim Colorado sports betting promos, but what methods are available for you to make these transactions possible?

Like the sports markets above, not every single one of these methods will be available at every online sportsbook. Instead, this serves as a guide of banking methods we’ve seen across the legal sportsbooks in Colorado.

Payment MethodsImportant Information
Credit/Debit CardsVisa, MasterCard, AMEX, and/or Discover
ACH TransferThis is an electronic transfer of funds from one account to another. This allows for faster processing times for both deposits and withdrawals.
Online BankingOnline banking is essentially paying for a deposit with your checking account/debit card.
Play+ CardThe Play+ Card is given by the online sportsbook. It is a reloadable card that can be used for deposits. For withdrawals, you can use the card at an ATM.
PayPalArguably the most popular banking method, PayPal is an e-wallet service.
Wire TransferWhile most deposit methods are instant, wire transfers could take a few days to complete.
SkrillAn e-wallet service.
NETELLERAn e-wallet service.
PayNearMeYou can make in-person cash transactions at 7-Eleven, CVS, and Family Dollar with PayNearMe. This is a deposit method only.
VENMOThis is a newer method, but this is also similar to PayPal. In fact, PayPal owns Venmo.
Cash CageYou may deposit funds at the brick-and-mortar casino partner of the online sportsbook or schedule a time to pick up winnings.
Online Payment Methods for Colorado Betting

Colorado Sports Betting FAQ

Are promo codes required for online sportsbooks?

This totally depends on the offer. Some online sportsbook promotions do require promo codes, whereas some do not. If the offer does require one, you’ll typically input the code during your account registration process or on the deposit page.

For promos that do not require them, you may need to opt-in, which is done by visiting the promo on the Promotions page itself on the online sportsbook.

How Do I Pick the Best Online Sportsbook? Hint: Pick Ones with High-Quality Colorado Sportsbook Promo Codes

Picking the best online sportsbook in Colorado is totally subjective and has mostly to do with what you prefer and how you wish to bet. With numerous online sportsbooks being offered in Colorado, you have many options to look into and welcome bonuses to take advantage of.

With that said, here are some things to consider:

  • Welcome Bonus
  • Welcome Bonus terms and conditions
  • Sports that are offered
  • Additional promotions
  • Odds on games you wish to wager on

Is Sports Betting Legal in Colorado?

Yes, online sports betting is legal in Colorado and it launched in May 2020.

What are wagering requirements?

So, any time you receive a site credit of some kind, there’s a decent chance that wagering requirements are involved.

Wagering requirements are the number of times in which you must wager the deposit you’ve made and/or the bonus funds you received. These are important because, until you meet these requirements, you will not be able to withdraw any bonus you receive as cash.

For example, (note: This is not a current offer at an online sportsbook and is merely an example):

  • Welcome Bonus: 100 percent match up to $500
  • Wagering requirements: 5x the bonus received
  • Your deposit: $100
  • Bonus received: $100

With that $100 bonus, you must wager that five times over ($500) in cash in order to withdraw that bonus credit/site credit in cash.

Do online sportsbooks that also offer daily fantasy sports share the same wallet?

FanDuel and DraftKings are the only two sportsbooks that fit this criterion, but yes, these do share a virtual wallet. This means that you can use winnings from daily fantasy sports to wager at the online sportsbook.

What is the difference between promo and bonus?

Throughout this page, you’ve likely seen the words “promo” and “bonus” used. These terms are totally interchangeable and mean the exact same thing. Colorado sportsbook promo codes are the same thing as Colorado sportsbook offer codes.

Indeed, there is no difference between a “promo offer” and a “bonus offer”.

What are some different types of welcome bonuses and Colorado Sportsbook promo codes offerings?

  • Deposit Bonus
  • Risk-Free Bet
  • Free Bets
  • Bet and Get
  • No-Deposit Bonus
Caesars Sportsbook

Caesars Sportsbook 1st BET INSURANCE

Use code HUGESPORTCZR when you sign up to get a First Bet Match up to $1,001!
$1,100 Bet Insurance get bonus
HUGESPORTCZR
Terms and Conditions apply
DraftKings Sportsbook

DraftKings Sportsbook DEPOSIT BONUS

Get a Deposit Bonus on your first deposit worth up to $1,000!
$1,000 Deposit Bonus get bonus
Terms and Conditions apply
BetMGM Sportsbook

BetMGM Sportsbook RISK FREE

Use code USABET when you sign up to get a Risk Free Bet up to $1,000!
$1,000 Risk Free Bet get bonus
USABET
Terms and Conditions apply
BetRivers Sportsbook

BetRivers Sportsbook DEPOSIT MATCH

Use code USWAGER to get a Deposit Match Bonus on your first deposit worth up to $250!
$250 Deposit Match get bonus
USWAGER
Terms and Conditions apply
PointsBet Sportsbook

PointsBet Sportsbook DEPOSIT BONUS

Use code WEDGET2 when you sign up to get up to $2000 in Risk Free Bets!!
$2000 Risk Free Bets get bonus
WEDGET2
Terms and Conditions apply
FanDuel Sportsbook

FanDuel Sportsbook RISK FREE

Get a Risk Free Bet on your first bet worth up to $1,000!
$1,000 Risk Free Bet get bonus
Terms and Conditions apply
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