Best Colorado Sportsbook Promos: Claim $6350 in Bonus Bets November 2024

The Colorado sports betting market is one of the largest in the United States, boasting 19 different Colorado sports betting apps that you can sign up for.

Comparing Colorado Sportsbook Promos 

Our team of sports betting experts has narrowed down and reviewed the best sportsbook promos in Colorado today. Our guide covers how you can claim sportsbook bonuses, how they work, and how to activate them.

1. Caesars Sportsbook Colorado Welcome Bonus

Since its 2021 rebrand from William Hill, Caesars Sportsbook Colorado has emerged as a leading name in the state's sports betting market. Known for its sleek user interface, extensive betting options, and the largest welcome offer in Colorado, Caesars Sportsbook has established itself as a juggernaut in the industry, consistently ranking among the top Colorado betting apps.

Caesars Sportsbook Colorado Promo Code

When you use the Caesars Sportsbook Colorado promo code ROTO1000, you get a first bet on Caesars for up to $1,000. The first bet of at least $10 that you make will qualify for the first bet welcome offer. If it wins, simply collect your payout and move on to your next bet. But if it loses, the promo code offer triggers and you get the full value of your losing first bet's stake credited back to your account in bet credits, up to $1,000.

Additional Sportsbook Promos

Caesars Sportsbook Colorado provides its users with many ongoing bonuses and promos that existing bettors take advantage of every day. These include featured odds boosts, parlay boosts and same-game-parlay offers. There is also a rewards program and the esteemed Caesars Rewards program that gives you the chance to earn bonus bets and more perks.  

2. Fanatics Sportsbook Colorado Welcome Bonus

The Fanatics sports betting brand quickly made its mark in legal sports betting states, including its December 2023 launch in Colorado. Fanatics Sportsbook Colorado offers newly registered bettors a wide range of online sports betting markets, bet types, and odds, all available exclusively on the Fanatics Sportsbook Colorado mobile app.

Fanatics Sportsbook Colorado Promo Code

The Fanatics Sportsbook Colorado promo code gives new users up to $1,000 in bonus bets. This offer gives you up to $100 in bonus bets per day for each of the first 10 days that your new account is active. Your first bet on each day must lose to get bonus bets. 

Additional Sportsbook Promos

Fanatics Sportsbook Colorado flies above its rivals with its exclusive FanCash Rewards program, offering FanCash on nearly every bet, redeemable for bonus bets or exclusive merchandise. On top of this, returning bettors can enjoy daily bonuses, odds boosts, parlay boosts, and the unique Fanatics Power Hour, which features targeted bet boosts daily.

3. BetMGM Colorado Welcome Bonus

Finding a Colorado betting app that excels in all categories is not always easy, but BetMGM Colorado certainly comes close. With a wide array of betting options, in-app streaming, recurring promotions and reliable banking, BetMGM Colorado stands out as one of the best in the industry. Although more in-app streaming options would be ideal, the existing streaming feature already gives BetMGM a competitive edge.

BetMGM Colorado Bonus Code

The BetMGM Colorado bonus code ROTOBONUS works by giving you a $1,500 first-bet offer once you make a first bet of at least $10. Once that first bet settles, you can get up to $1,500 in bonus bets if it is graded as a losing wager. 

Additional Sportsbook Promos

Returning users can enjoy a variety of ongoing bonuses and promotions in addition to the generous welcome offer on BetMGM Colorado. From profit boosts to bet-and-get deals, there's a daily promo to meet the needs of every bettor. During football season, keep an eye out for NFL parlay insurance, odds boosts and other offers that can potentially give you more bonus bets. 

4. bet365 Colorado Welcome Bonus

bet365 Colorado is one of the best sportsbooks in the Colorado sports betting scene with a wide range of betting options on its user-friendly app. While it could use more player prop options, bet365 Colorado simplifies the betting experience for newcomers, solidifying its place among the top online sportsbooks in Colorado with a streamlined and accessible product.

bet365 Colorado Bonus Code

The bet365 Colorado bonus code ROTOWIRE gives new users a First Bet Safety Net for up to $1,000. If your first bet loses, you get up to $1,000 in bonus bets, thanks to the generous welcome offer. Or, you can claim a Bet $5, Get $200 in bonus bets promotion.

Additional Sportsbook Promos

The bet365 promotions page regularly deploys a ton of fantastic ongoing bonuses and promos that can change daily. On top of its welcome offer, you can also cash in on odds boosts and parlay boosts that offer you a higher payout for every leg that you add. 

5. DraftKings Colorado Welcome Bonus

DraftKings Sportsbook Colorado stands out as a top sports betting app in the state, thanks to its extensive industry experience and robust offerings. It provides a wide range of wagering options, free-to-play contests, a respected loyalty program, and extensive same-game parlay capabilities. Although its same-game parlay odds can sometimes lag behind competitors, DraftKings Sportsbook Colorado remains a leader among Colorado betting apps.

DraftKings Colorado Promo Code

The DraftKings Colorado promo code gives new users a bet and get for $150 in bonus bets welcome offer. If you make a first bet of at least $5, you get $150 in bonus bets instantly. 

Additional Sportsbook Promos

DraftKings Colorado offers a variety of daily bonuses and promos beyond its welcome offer. Existing bettors can cash in on perks like early win tokens during MLB season, SGPx parlay boosts and odds boosts. There is also the DraftKings Loyalty program that rewards active bettors with bonus bets and more DK perks. 

6. FanDuel Colorado Welcome Bonus

FanDuel Sportsbook Colorado, building on its Daily Fantasy Sports roots, has crafted a user-friendly app tailored to customer preferences. With its modern interface, extensive Same Game Parlay options, recurring promotions, boosted odds, and a top-notch rewards program, FanDuel Sportsbook Colorado stands out as a leading betting app with an excellent welcome offer.

FanDuel Colorado Promo Code

The FanDuel Colorado promo code provides new users with a Bet $5, Win $150 in bonus bets welcome offer. Once you make a first bet of at least $5, you can secure $150 in bonus bets as long as your first bet wins today.

Additional Sportsbook Promos

While FanDuel Colorado may lack a traditional loyalty program, it more than compensates with some of the industry's best ongoing bonuses and promotions. These daily offers are often tailored to specific sports, such as Dinger Tuesdays during the MLB season and daily sport-specific profit boosts for both straight bets and parlays. There is also a referral program that gives you bonus bets when others sign up for a new account with your unique referral link. 

7. Sporttrade Colorado Welcome Bonus

Sporttrade has redefined sports betting with its innovative peer-to-peer betting exchange, where users can trade bets as contracts or cash. Launched in Colorado on Sept. 15, 2022, Sporttrade marks a pioneering entry into regulated sports trading in the United States, following in the footsteps of European models like Betfair.

Sporttrade Colorado Promo Code

New users can benefit from the Sporttrade Colorado promo code ROTO, offering 10% cash back on all bets placed during their first week, up to a maximum of $300. This promotional offer spans seven days after the initial bet, providing cashback on qualifying bets made through the exchange.

Additional Sportsbook Promos

While Sporttrade Colorado differs from traditional sportsbooks by not offering daily odds boosts, no-sweat bets, same-game parlay insurance or bet-and-get promotions, it provides a unique sports betting experience with its innovative betting exchange platform. 

8. BetRivers Colorado Welcome Bonus

BetRivers Colorado stands out as one of the top sports betting apps in the state, offering an extensive suite of betting options, a user-friendly interface, and robust security measures. A standout feature is its in-app streaming, allowing you to watch your bets unfold live or place in-game wagers directly through the app. This combination of features makes BetRivers Colorado a premier choice for sports bettors.

BetRivers Colorado Bonus Code

The BetRivers Colorado bonus code offers new users a $250 2nd Chance Bet. Once you place your first bet, you can get up to $250 in bonus bets if it settles as a loss. 

Additional Sportsbook Promos

BetRivers Colorado offers daily line specials, boosted odds, and featured parlays, similar to other top sportsbooks. Look out for exclusive offers during the NFL season. Furthermore, BetRivers Colorado sets itself apart with its exclusive iRush rewards program and bonus store, where loyalty points unlock bonus bets and other perks.

9. ESPN BET Colorado Welcome Bonus

ESPN Bet Colorado, one of the newer sportsbooks in the state, offers an extensive selection of sports to bet on with competitive lines and odds. It also has all of the most popular bet types like futures and player props. 

ESPN BET Colorado Promo Code

Register now with the ESPN BET Colorado promo code ROTO to get a generous $1,500 first-bet welcome offer. You get bonus bets for up to $1,500 if your first bet loses. 

Additional Sportsbook Promos

ESPN BET Colorado boasts a diverse range of daily bonuses and promos on its promotions page. Whether you're taking part in the weekly parlay club, cashing in on golf outright winner insurance, or taking advantage of the PENN Play rewards program, there are countless chances to earn bonus bets and perks on this sportsbook. 

The best way to take advantage of all the top Colorado sportsbook promos is to create accounts at multiple Colorado betting sites. This approach allows you to cash in on multiple welcome offers and thousands in bonus bets. 

Having accounts with multiple sportsbooks also enables you to shop for the best lines and odds on particular markets that you want to bet on, which is not possible if you only have access to one site. Line shopping ensures you get the best price on the markets you want to bet on and can significantly increase your profits over time.

1️⃣ Create Accounts at Multiple Sportsbooks

• Sign up for accounts at multiple Colorado sports betting sites to maximize your exposure to various Colorado sportsbook promos and welcome offers.

2️⃣ Find and Compare Promos

• Research and compare the top Colorado sportsbook promos available to decide which offers suit your needs best. Then click on the sign-up link provided next to the promo offer you want to claim today. This will redirect you to the sportsbook's registration page. Where applicable, enter the Colorado sportsbook promo code during the sign-up process. Some offers may automatically apply the promo code when you click the link.

3️⃣ Complete The Registration Process

• Complete the registration process by entering your basic identifying information such as name, address and date of birth. You must also enter the last 4 digits of your SSN and DOB to verify the new account to bet today.  

4️⃣ Make a Qualifying Deposit

• Deposit the required minimum amount to qualify for the welcome offer using supported banking methods like credit cards and PayPal. Be sure the amount that you are depositing meets the sportsbook's specified requirements in the terms and conditions. Failure to do so will disqualify you from securing bonus bets. 

5️⃣ Place a Qualifying First Bet

• Place your first bet according to the promo's terms, such as a minimum bet amount or specific odds requirements. Once you have placed a qualifying bet, the bonus will be activated and credited to your account.

While each legal online sportsbook in Colorado has its own unique welcome offer, they do all have their similarities when it comes to the terms and conditions. These common narratives you'll find tied to the top Colorado sportsbook promotions are discussed below.

Playthrough Requirements 

A playthrough requirement is the number of times you must wager the value of your bonus before you can withdraw any winnings for real money. Bonus bets accrued from most Colorado sportsbook promos have a 1x playthrough requirement, which is the industry standard for bonus bets. However, deposit bonuses have more extensive playthrough requirements, up to 20x in some cases.

Qualifying Bets

A qualifying bet is the type of wager required to qualify for a Colorado sports betting bonus. These bets typically have minimum odds and/or wager amount requirements. For instance, some Colorado betting promos mandate a qualifying first bet with a minimum stake of $5.

Minimum Deposit Required

To get welcome bonus bets, you must make a minimum first-time deposit. This is the industry standard for all of the top Colorado sportsbook promos discussed on this page. The minimum deposit required will vary from sportsbook to sportsbook, but typically ranges from $5 to $100.

Minimum Odds

Some of the Colorado sports betting promos have a minimum odds requirement. For example, you may find a betting promo that requires you to place a first bet on odds of -200 or longer. If a bet is placed on -110 odds, it would qualify, but if you place a bet on -200 odds, it would not qualify for the welcome offer.  

Expiration Info

All of the Colorado sports betting promos have an expiration date. Some of these welcome offers may require you to make your first bet within 72 hours of creating your new account.  When it comes to bonus bets accrued, these also expire. Normally, bonus bets will expire within seven or 14 days, depending on the sportsbook and offer. 

Cashing Out

You can not cash out immediately with Colorado betting promos as you must complete the necessary playthrough requirements before submitting a withdrawal request. Once you've played through your bonus bets, you can cash out any winnings accrued from Colorado sportsbook promos.

There are many different Colorado sports betting promo types that you will see when signing up for a new Colorado betting app. These Colorado betting promo types include bonus bets, deposit bonuses, odds boosts and more. 

Bonus Bets

Bonus bets are awarded as part of new user Colorado sports betting bonuses. You can claim them via first bet and bet-and-get offers. In addition to welcome offers, you can also secure bonus bets by opting into ongoing bonuses and promos.  

Deposit Bonuses

Deposit bonuses match a deposit, up to a particular amount. While most deposit bonuses correlate with your first deposit, there are also deposit bonuses available for existing customers at different times of the year. For example, you may find a first deposit bonus that will match your initial deposit by 50% and up to $100 in bonus bets. 

No Deposit Bonuses

No deposit bonuses are most often available when new states launch online sports betting. These bonus offers do not require you to make a deposit to get the bonus. All you need to do is sign up for a new account or simply claim the bonus.

Reload Bonuses

A reload bonus is similar to a first deposit match -- only reload bonuses are for existing customers. When these bonuses are offered at Colorado online sports betting sites, all you need to do is make a deposit and it will be matched in bonus bets, up to a certain value.

Odds Boosts

Odds boosts are deployed to increase the odds on a select market offered at a Colorado sportsbook. You can typically find odds boosts on multiple sports betting markets on a particular day. For example, if Bo Nix's passing yards prop line is set at 255.5 with -120 odds, an odds boost could put it at +100 odds.

Referral Programs

All of the best Colorado sports betting sites offer referral rewards. If you refer a friend to one of these sportsbooks, you get a finder's fee paid out in bet credits or bonus bets. Be mindful that the person you refer must sign up for a new account and make a minimum deposit for you to get the bonus.

Loyalty Programs

A loyalty program on the best Colorado sportsbooks is a rewards system designed to incentivize and reward active users. These programs typically allow users to earn points or credits for almost every bet they place. The more you bet, the more points you can gain. These points can then be redeemed for various rewards, such as bonus bets, cashback, merchandise and other perks, depending on the operator.

The most popular sports you can bet on at Colorado sportsbooks include the NFL, NBA, MLB, NHL and college sports. In addition to these top domestic markets, you can also wager on international markets like soccer and tennis. These are also the most common sports you can use Colorado sportsbook promos on.

Denver Broncos

You can use Colorado betting promos to wager on NFL odds including Denver Broncos moneyline bets, player props and even futures. Super Bowl odds are also a popular way to bet on the NFL. 

Denver Nuggets

Some of the best betting markets to use Colorado online sports betting promos to bet on include NBA odds like totals and point spreads. You can also bet on NBA player props and Denver Nuggets NBA Championship odds.

Colorado Rockies

There are ample MLB betting markets you can explore with the best Colorado sportsbook promos, including World Series odds, MLB player props and MLB run lines. You can also find specific Colorado Rockies betting markets, such as game lines, player props and season-long futures.

Colorado Avalanche

The Colorado online sports betting promos outlined in this guide are also available for NHL betting markets. You can use the bonuses from these Colorado sportsbook promotions to bet on NHL player props and Stanley Cup odds. Additionally, you can find specific Colorado Avalanche betting markets, including 3-way moneylines, player props and more. 

Colorado Buffaloes

You can use the Colorado sportsbook promos featured below to bet on college football odds and college basketball, with one restriction. While you can place wagers on your favorite in-state teams, such as the Colorado State Rams and the Colorado Buffaloes, but you can not bet on college player props.

Pros

     ✅ Claiming multiple offers can give you thousands in bonus bets

     ✅ You can use welcome offers on all markets and bet types offered unless specified otherwise

     ✅ Some welcome offers are worth up to and exceeding $1,000 in bonus bets

     ✅ You can claim multiple welcome offers as long as they are on rival sportsbooks

Cons

     ❌Welcome offers are for new users only 

     ❌ All welcome offers have a playthrough requirement attached to their terms 

     ❌ Welcome offers and bonus bets accrued expire in a certain period

     ❌ You must make a minimum deposit to claim most betting promos

To take advantage of the best Colorado sportsbook promos, simply sign up with the Colorado online sports betting site that fits your needs as a sports bettor. Signing up for multiple Colorado sportsbooks and redeeming all of the available welcome offers is a smart way to go. You'll be able to net thousands in bonus funds by doing so.

Following an extensive review process, the Colorado sportsbook promos in this article are the ones we've rated as the best in the state. Claim them today to kick off your Colorado online sports betting experience with bonus bet offers from the top legal online sportsbooks in Colorado.