Colorado
Sports Betting
13 licensed online operators, live since May 2020. Operator tax 10%. Read on for legal status, current operators, and how to bet here.
Our dedicated Colorado site has deeper coverage: full operator reviews, complete timeline, every sportsbook bonus, and state-specific FAQs.
Visit bettinginco.com →Sports betting in Colorado
Colorado has one of the most competitive sports betting markets in the US with 13 active licensed operators in Black Hawk, Central City, and Cripple Creek (more than 25 licenses have been issued total). The promo deduction is being phased out entirely by July 1, 2026 via HB 25-1311. Colorado set a new monthly tax record of $5.02M in January 2026 on $630M handle. Tax revenue funds the Colorado Water Plan.
Legal Status
Sports betting is fully legal in Colorado, including both retail and online/mobile wagering. The market is regulated by the Colorado Division of Gaming. The minimum age to bet is 21, and bettors must be physically located within Colorado state lines to place a wager; residency is not required.
Tax and Regulation
Colorado taxes sports betting operators at 10% of adjusted gross revenue. The state has 13 licensed sportsbook operators serving the market. The first sportsbooks launched in May 2020.
How to Start Betting in Colorado
To place a legal sports bet in Colorado, you must (1) be at least 21 years old, (2) be physically located within the state (verified by geolocation), and (3) create an account with a licensed operator. Most major sportsbooks including DraftKings, FanDuel, BetMGM, and Caesars are available in most legal states. Check the operator list specific to Colorado for the most current options.
Sportsbooks Available in Colorado
The following 15 sportsbooks are currently licensed and active in Colorado. All operators are regulated by the Colorado Division of Gaming.
FanDuel
#2 in market share
Welcome offerGet $300 Back in Bonus Bets, 10 Days of No-Sweat Bets
National · 26 states→DraftKings
Market leader
Welcome offerBet $5, Get $200 in Bonus Bets + NCAA Tournament Profit Boost
National · 30 states→bet365
International odds
Welcome offerBet $10, Get $365 in Bonus Bets (Win or Lose)
National · 18 states→BetMGM
Denver Nuggets partner
Welcome offerFirst Bet Offer Up to $1,500 in Bonus Bets
National · 26 states→Caesars
Caesars Rewards
Welcome offerBet $1, Double Your Winnings Next 10 Bets (up to $25 per token)
National · 26 states→Circa Sports
Sharp-friendly limits
Welcome offerVaries; Circa focuses on sharp pricing over promos
→Hard Rock Bet
Unity rewards
Welcome offerDouble Your Winnings on Your First 10 Bets
National · 10 states→Fanatics
FanCash program
Welcome offerBet $5, Get $200 in FanCash Instantly (or up to $1,000 matched)
National · 21 states→BetRivers
Rush Street Interactive
Welcome offer2nd Chance Bet Up to $500 in Bonus Bets
National · 16 states→SuperBook
Vegas-style
Welcome offerVaries by state
→theScore Bet
News integration
Welcome offerBet $10, Get $250 in Bonus Bets Instantly
National · 19 states→WynnBET
Wynn Resorts
Welcome offerVaries by market
→Betfred
UK operator
PointsBet
Fixed-odds and points betting
Tipico
German-owned book
Operator comparison · Colorado · sorted by editorial rating
| # | Operator | Rating | Welcome Bonus | Colorado note | Action |
|---|---|---|---|---|---|
| 1 | FanDuel Flutter Entertainment plc (NYSE: FLUT) | Get $300 Back in Bonus Bets, 10 Days of No-Sweat Bets | #2 in market share | Read review → | |
| 2 | DraftKings DraftKings Inc. (NASDAQ: DKNG) | Bet $5, Get $200 in Bonus Bets + NCAA Tournament Profit Boost | Market leader | Read review → | |
| 3 | bet365 Hillside (Gaming) ENC (private) | Bet $10, Get $365 in Bonus Bets (Win or Lose) | International odds | Read review → | |
| 4 | BetMGM MGM Resorts International & Entain plc (50/50 JV) | First Bet Offer Up to $1,500 in Bonus Bets | Denver Nuggets partner | Read review → | |
| 5 | Caesars Caesars Entertainment, Inc. (NASDAQ: CZR) | Bet $1, Double Your Winnings Next 10 Bets (up to $25 per token) | Caesars Rewards | Read review → | |
| 6 | Circa Sports Circa Resort & Casino | Varies; Circa focuses on sharp pricing over promos | Sharp-friendly limits | Read review → | |
| 7 | Hard Rock Bet Seminole Hard Rock Digital (Seminole Tribe of Florida) | Double Your Winnings on Your First 10 Bets | Unity rewards | Read review → | |
| 8 | Fanatics Fanatics Betting & Gaming | Bet $5, Get $200 in FanCash Instantly (or up to $1,000 matched) | FanCash program | Read review → | |
| 9 | BetRivers Rush Street Interactive (NYSE: RSI) | 2nd Chance Bet Up to $500 in Bonus Bets | Rush Street Interactive | Read review → | |
| 10 | SuperBook Westgate Las Vegas Resort & Casino | Varies by state | Vegas-style | Read review → | |
| 11 | theScore Bet PENN Entertainment (NASDAQ: PENN) | Bet $10, Get $250 in Bonus Bets Instantly | News integration | Read review → | |
| 12 | WynnBET Wynn Resorts (NASDAQ: WYNN) | Varies by market | Wynn Resorts | Read review → | |
| 13 | Betfred | -- | Varies | UK operator | -- |
| 14 | PointsBet | -- | Varies | Fixed-odds and points betting | -- |
| 15 | Tipico | -- | Varies | German-owned book | -- |
All operators above are licensed by the Colorado Division of Gaming and accept bets only from inside Colorado state lines (verified by geolocation). Tax rate: 10%. Minimum age: 21. See where Colorado's sports betting tax revenue actually goes →
Best sportsbook in Colorado → Compare Colorado welcome bonuses →
Colorado Operator Comparison · Who Wins What
Five decision axes across the top 5 licensed operators in Colorado. We compute the winner per axis from operator metadata (rating, bonus dollar amount, app store rating, payout speed, payment-method count). Use this as a shortcut when you want one operator for one specific reason.
- Editor's pick Best overall ratingFanDuelRating 4.8 / 5
- Biggest bonus Highest headline dollar valueBetMGM$1,500
- Best mobile app Combined iOS + Android ratingFanDueliOS 4.8 · Android 4.7
- Fastest payout Quickest verified withdrawal pathFanDuelPayPal (under 1 hour)
- Most payment methods Widest deposit / withdrawal rangeFanDuel9 methods
Bottom line for Colorado: FanDuel is our top pick at 4.8 / 5. Polished mobile app and the SGP+ builder, which lets bettors create same-game parlays faster and with better correlation pricing than at competitors. Different bettor profiles may prefer the category-specific winners above (sharp parlay players favor the SGP+ leader; small-stake casuals usually do better with whichever operator carries the lowest rollover requirement).
Need help? You're not alone
Sports betting in Colorado is for adults 21+. If gambling stops being fun, or you're worried about someone else, these Colorado-relevant resources are free, confidential, and available 24/7.
Helplines
- 1-800-426-2537 1-800-GAMBLER (National Problem Gambling Helpline) Text "HELPLINE" to 800GAM (800426) ncpg.org ↗
- 1-800-522-4700 Colorado Problem Gambling Helpline problemgamblingcolorado.org ↗
Warning signs include: chasing losses, betting more than you can afford, hiding bets from family, or feeling anxious when not betting. Self-exclusion programs are available through every licensed Colorado operator and through the Colorado Division of Gaming.
Pro teams based in Colorado
Colorado is home to 4 major professional teams across the NFL, NBA, MLB, and NHL. Click any team for a dedicated betting guide.
How to bet on sports in Colorado
A step-by-step walkthrough for placing your first legal sports bet in Colorado.
- 01
Choose a licensed sportsbook
Colorado has 15 licensed online sportsbooks, with FanDuel the largest national operator. National books like DraftKings, FanDuel, BetMGM, and Caesars use a single account that works across all legal states.
- 02
Verify you are 21+ and a US resident
Sign up online with your legal name, date of birth, address, and last four of your SSN. Operators verify your identity through a soft credit check; this does not affect your credit score.
- 03
Confirm your location is inside the state
Operators use device geolocation to confirm you are physically inside Colorado at the moment of betting. Residency is not required; visitors can bet here. You cannot bet from outside the state, even if your account is registered to a Colorado address.
- 04
Fund your account
Most operators accept ACH bank transfer, debit card, credit card, PayPal, Venmo, online banking, and pay-by-app methods like Apple Pay. Deposits typically clear instantly.
- 05
Place your first bet
Pick a market (moneyline, spread, total, or prop), set your stake, and review the bet slip before submitting. Most operators show your potential payout inline before you confirm.
Colorado Sports Betting Timeline
Key milestones in the Colorado legal sports betting market, from the federal PASPA ruling through launch and ongoing regulatory changes.
-
PASPA struck down
Supreme Court ruling in Murphy v. NCAA returned sports betting authority to the states.
-
Colorado launches sports betting
Market goes live under Colorado Division of Gaming.
-
Colorado launches sports betting amid pandemic
Colorado launched on May 1, 2020 with 10% tax. Tax revenue funds the Colorado Water Plan. The market has grown to 13+ active operators with deeply competitive pricing.
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Colorado phases out promo deduction by July 1, 2026
HB 25-1311 ends the practice of operators deducting promotional credits from taxable revenue. Colorado set a new monthly tax record of $5.02M in January 2026 on $630M handle.
Colorado Sports Betting FAQ
Is online sports betting legal in Colorado?
Yes, online sports betting is fully legal in Colorado. The market launched in May 2020 and is regulated by the Colorado Division of Gaming. 13 licensed operators currently serve the state.
What is the minimum age to bet on sports in Colorado?
You must be at least 21 years old to place a legal sports bet in Colorado. Operators verify age via SSN and ID checks during account registration.
Which sportsbooks are available in Colorado?
Colorado has 15 licensed online operators including DraftKings, FanDuel, BetMGM, Caesars, Fanatics, and 10 more.
What is the sports betting tax rate in Colorado?
Colorado taxes sports betting operators at 10% of adjusted gross revenue. This is paid by the operator, not the bettor, but it does affect promo offers and pricing competitiveness.
Do I have to live in Colorado to bet there?
No, residency is not required. You only need to be physically located inside Colorado state lines when placing the bet; the sportsbook verifies your location via geolocation. Visitors from other states can bet in Colorado.
Can I bet on college sports in Colorado?
Yes, Colorado allows betting on college sports including in-state college teams.
Full Colorado sports betting guide
This page gives you the essentials. If you want the complete picture (detailed sportsbook reviews, promo codes, market data, timeline, FAQs specific to Colorado, and more), visit our dedicated Colorado site at bettinginco.com. It's built specifically for bettors in Colorado with all the local details we couldn't fit here.
Visit bettinginco.com →Other legal US states
Explore sports betting guides for other US states where wagering is fully legal.