Welcome to the Props.com guide to the Best Colorado Sportsbook Promos!

The CO sports betting market is live!

Although both online and retail betting were introduced on the same day, the majority of bets are still placed via online sportsbooks and mobile apps.

Finding the best Colorado sportsbook bonus offers might be challenging because there are so many online sports betting options accessible in Colorado. The top deals from Colorado’s sports betting market will be covered in this post.

Although the purpose of these welcome incentives is to draw new clients, sports bettors ultimately benefit greatly from them. Before you ever place a wager at a Colorado online sports betting site, you can boost your account balance by taking advantage of these welcome offers.

The top bonuses at Colorado sportsbooks might change at any time, so it’s crucial to take advantage of promotions when they’re on offer.

To make sure you receive everything offered to you at Colorado sports betting sites, be sure to read and adhere to all of the terms and conditions for each promotion.

The professionals at Props.com have selected the top Colorado sports betting bonuses, which are shown below. For the most recent bonus code information for Colorado bettors, visit this page frequently.

Let’s take a look at the Top Colorado Sports Betting Promos for this month:

What Are The Best Colorado Online Sportsbooks?

• DraftKings Sportsbook
• BetMGM
• Caesars Sportsbook
• FanDuel Sportsbook
• Betway
• BetRivers
• PointsBet
• WynnBET
• Tipico
• Bet365

Top Colorado Online Sports Betting Bonuses

Sportsbook/DFS App	Bonus Offer
DraftKings Sportsbook	Bet $5 Get $150 in Bonus Bets
FanDuel Sportsbook	No Sweat First Bet up to $1,000
Caesars Sportsbook	$1,250 "On Caesars" (Losing Bet Rebate)
BetMGM	$1,000 Losing Bet Rebate
BetRivers	$500 2nd Chance Bet
Betway	$250 Losing Bet Rebate
PointsBet	$250 in Losing Bet Rebates
WynnBET	Bet $100 Get $100 in Bonus Bets
Tipico Sportsbook	100% Deposit Match up to $100
Fliff	100% Match up to $100 in Fliff Cash
Underdog Fantasy	$100% Deposit Match up to $100

Best Colorado Sports Betting Promotions For May 2023

DraftKings Sportsbook Colorado

DraftKings Bonus Offer – Bet $5 Get $200 In Bonus Bets

Colorado sports bettors can use the links on this page when signing up at DraftKings CO and unlock a Bet $5 Get $200 bonus.

About This Offer

DraftKings Sportsbook has changed up its welcome offer from time to time, rotating through various deposit bonuses. The Bet $5 Get $200 offer requires only a $5 bet, which then unlocks $200 in bonus bets.

How Can I Claim The DraftKings Sportsbook Colorado Promo?

1. Click the “CLAIM OFFER” or “BET NOW” links in the DraftKings Sportsbook ad below.
2. Click on the “Sign-Up” button on the DraftKings homepage.
3. Provide the requested information to complete the registration process.
4. Deposit a minimum of $5 (no DraftKings CO promo code required).
5. Bet $5 or more on a qualifying bet.
6. You’ll get $150 in bonus bets once your initial wager settles.

Why DraftKings Colorado

DraftKings Sportsbook is one of the kings of sports betting, especially in Colorado. One of the top features of the operator is the mobile app that is available for download on both Android and iOS devices.

You are also going to find a long list of betting options offered from DraftKings, and there will be some of the best betting odds and lines offered at this sportsbook.

• Compare DraftKings Sportsbook Colorado with other legal online sportsbooks in our DraftKings Sportsbook review.

Note – the Colorado sports betting bonus included in the link below occasionally changes from DraftKings standard promo:

• Learn more about what states DraftKings is legal in with this DraftKings Sportsbook States guide.

BetMGM Colorado

BetMGM Bonus Offer – $1,000 Losing Bet Rebate

Use the links on this site to unlock a $1,000 losing bet rebate from BetMGM Sportsbook Colorado.

About This Offer

BetMGM is one of the operators that doesn’t like to change up its welcome bonus for new customers. The standard offer from BetMGM is a losing bet rebate worth up to $1,000 and it applies to the first bet that is placed at the site.

If the first bet at BetMGM Sportsbook CO loses you will receive bonus betting credits for the amount that was wagered. The losing bet rebate bonus style was formerly known as a “risk-free bet.”

How Can I Claim The BetMGM Colorado Promo?

1. Click one of the “CLAIM OFFER” or “BET NOW” links within the BetMGM ads on this page.
2. Once on the BetMGM site, provide your name, email, and date of birth.
3. Choose your username, and password, and provide the last four digits of your social security number.
4. Deposit at least $10.
5. Place your first wager of $10 or more.

Why BetMGM

There are so many reasons to choose BetMGM Sportsbook, but the loyalty rewards program is one of the best reasons. BetMGM is backed by MGM Resorts International and that gives sports bettors plenty of terrific rewards.

BetMGM has plenty of experience in the online sports betting industry as well, and the site offers a terrific and highly-rated mobile app.

• Compare BetMGM Colorado with other online sportsbook promo offers in our BetMGM review

Related: Check out the Props.com guide to Colorado Sports Betting Apps 

Caesars Sportsbook Colorado

Caesars Sportsbook Bonus Offer – $1,250 “On Caesars”

Caesars Sportsbook has a “$1,250  On Caesars” offer for all new customers at the Caesars Colorado site.

About This Offer

To ensure that it has one of the best Colorado sportsbook offers, Caesars Sportsbook has a $1,250 losing bet rebate. This is a bigger offer than the other options in Colorado, but it works in the same way.

Simply make a deposit at Caesars to unlock this offer. You’ll be refunded up to $1,250 if your initial wager loses.

How Can I Claim The Caesars Sportsbook Colorado Promo?

• Click a “CLAIM OFFER” or “BET NOW” link from the Caesars Sportsbook ads on this page.
• Select your state from the Caesars Sportsbook dropdown menu.
• Provide a valid email, along with your name, DoB, and address.
• Choose security questions.
• Deposit $10 or more.

Why Caesars

Caesars Sportsbook has made a big push over the last few years and it’s a leader in the Colorado sports betting industry. Caesars is a trusted name in the United States and it has great customer service.

Another reason for choosing Caesars is the fact that it has a long list of betting options and on a wide range of sports.

• Compare the Caesars Sportsbook CO welcome bonus with other legal sports betting sites in our full review of Caesars Sportsbook.

FanDuel Sportsbook CO

FanDuel Sportsbook Bonus Offer – $1,000 No Sweat First Bet

The welcome bonus from FanDuel Sportsbook Colorado is a “No Sweat First Bet” (aka losing bet rebate) worth up to $1,000.

About This Offer

FanDuel is considered the gold standard when it comes to its sportsbook bonus. The $1,000 No Sweat First Bet is one of the best in the industry.

One nice thing about the losing bet rebate offer from FanDuel is that the bonus is paid out a bit differently. Instead of a bonus bet being issued, FanDuel simply awards sportsbook cash after the first bet loses.

How Can I Claim The FanDuel Sportsbook Colorado Promo?

You need to deposit a minimum of $10 to unlock the FanDuel new player offer. If your first wager loses, you’ll receive site credit equal to the value of the losing bet (up to a $1,000 cap). You must clear the required 1x playthrough on the bonus before cashing out the funds. Here’s a closer look at how to get the FanDuel welcome bonus money:

1. Click one of the “CLAIM OFFER” or “BET NOW” links from the FanDuel ads on this page.
2. Select the “Join” option.
3. Fill out the registration form.
4. Deposit at least $10 to qualify for the bonus (no FanDuel Sportsbook AZ promo code necessary).
5. Agree to the terms and conditions behind the offer and place your first bet.
6. You’ll receive the losing bet rebate if you lose; assuming you win, you’ll just get the winnings and move on.

Why FanDuel

FanDuel Sportsbook is the online market share leader and it does mobile sports betting better than most. The mobile app from FanDuel is one of the best in the industry, and the mobile app mirrors the online site.

FanDuel Colorado is known for having terrific bonuses and promotions as well for all returning customers. It’s hard to find online sports betting options with as many great features.

• Compare FanDuel Sportsbook Colorado with other CO sportsbook promos in our FanDuel review.

Note – the FanDuel Colorado Sportsbook offer included in the link below occasionally changes from FanDuel’s standard “No Sweat First Bet” promo:

What are the FanDuel legal states? Find out with this FanDuel Sportsbook States guide.

Betway Sportsbook Colorado

Betway Sportsbook Bonus Offer – $250 Losing Bet Rebate

New users at Betway CO Sportsbook are eligible for a losing bet rebate worth up to $250.

About This Offer

Betway Colorado does not have a large welcome offer, but you will still receive a losing bet rebate on your first wager. If you place a wager of $250 with your first bet then that money will be refunded if that wager loses.

This money will be credited to your account as soon as the bet has settled and it must be wagered before you can make a withdrawal.

How Do I Unlock The Betway Colorado Promo?

1. Select the “CLAIM OFFER” or “BET NOW” link from the Betway ads on this page.
2. Click the Sign Up link from Betway’s homepage.
3. Provide a valid email address, choose a password, and agree to the terms and conditions. No promo code is necessary when using a Props.com link.
4. Provide your name, phone number, DoB, address, and last four digits of your SSN. Verify the email sent to your email address.
5. Make a first deposit of at least $10.
6. Place a minimum bet worth $10 or more at -330 minimum odds or better.

Why Betway CO

Betway Sportsbook is known for offering bets on a large number of sporting events, most of them international. The top U.S. sports will also be offered at Betway, and there are competitive betting odds and lines.

The welcome offer might not be one of the best in Colorado, but there are enough features on this site to make it one of the best.

• Compare the Betway CO welcome bonus with other sportsbook promos in our Betway Sportsbook review.

BetRivers Sportsbook CO

BetRivers Bonus Offer – 2nd Chance Bet Up To $500

BetRivers Sportsbook Colorado has a 2nd Chance Bet up to $500 for new customers.

About This Offer

If your first wager with BetRivers Colorado loses, the book will issue a full refund, up to $500.

BetRivers CO not only has a terrific welcome bonus but it is also known for having great reload bonuses for returning customers.

How Can I Claim The BetRivers Colorado Promo?

1. Click the “CLAIM OFFER” or “BET NOW” links from the BetRivers ads on this page.
2. Click “Join Now” on the BetRivers homepage.
3. Choose Colorado from the drop-down menu, enter a valid email address, and choose a screen name and password.
4. Enter your name, address, DoB, and ZIP code.
5. Choose your security questions and enter the last four digits of your SSN.
6. Deposit a minimum of $10.
7. Place your first bet (minimum $10).

Why BetRivers

BetRivers is a massive company in the online sports betting industry with sportsbooks all over the company. Customer service is a huge reason for choosing BetRivers, but this sportsbook will also have competitive betting odds and lines.

BetRivers Sportsbook Colorado offers daily odds boosts on a wide range of sports, and it is known for taking care of its most loyal customers.

• Compare BetRivers Colorado with other sportsbooks in our review of BetRivers.

PointsBet Colorado

PointsBet Bonus Offer – $250 In Losing Bet Rebates

PointsBet Sportsbook CO offers losing bet rebates worth up to $250 to all new customers in Colorado.

About This Offer

This is a welcome bonus from PointsBet Colorado Sportsbook that equals up to $250 in losing bet rebates. Your first fixed odds wager of the day is covered by a $50 losing bet rebate, and your eligible for that offer each day for five days.

How Can I Claim The PointsBet Colorado Promo?

1. Select the “CLAIM OFFER” or “BET NOW” link in the PointsBet ad below.
2. Choose Colorado from the drop-down menu.
3. Provide your name and a valid email address.
4. Enter your address, phone number, date of birth, and last four digits of your social security number.
5. Place a deposit of at least $5.
6. Make your first fixed-odds bet. For the first five days you’re on PointsBet, your first fixed-odds bet will be eligible for a Second Chance Bet rebate if it loses.

Why PointsBet

PointsBet Sportsbook has a long list of promotions available, and most of these promotions are innovative or unique. You will be able to wager on the top U.S. and international sports, and you will find competitive betting lines.

“PointsBetting” is another reason to try out PointsBet as this betting type isn’t found anywhere else. PointsBet has also built its U.S. headquarters in Denver and it is giving back to the local community.

• See how PointsBet Colorado stacks up against other online books in our PointsBet review.

WynnBET Colorado

WynnBET Bonus Offer – Bet $100 Get $100 In Bonus bets

WynnBET Sportsbook Colorado offers up to $100 in bonus bets for new customers that sign up at the site.

About This Offer

WynnBET Sportsbook CO is another site that will make you do some work before you receive the welcome bonus. $100 in bonus bets can be yours as long as you make a wager of at least $100 with your first bet.

How Do I Unlock The WynnBET Sportsbook Colorado Promo?

1. Select a “CLAIM OFFER” or “BET NOW” link from the WynnBET ads on this page.
2. Click the “Play Now” link on WynnBET’s site.
3. Enter your email, username, and password.
4. Fill in your name, DoB, phone number, address, and last four of your SSN. Agree to the terms and conditions.
5. Deposit a minimum of $25.
6. Place your first bet worth $25 or more.

Why WynnBET

WynnBET is a massive name in the online sports betting industry and this is a trusted and respected company. Odds and betting lines are posted quickly at WynnBET, usually faster than what you will find at other sites.

Since WynnBET CO is backed by Wynn Resorts, customers will be enrolled in one of the best loyalty rewards programs in the industry.

• Compare WynnBET Colorado with other online sports betting apps in our full review of WynnBET Sportsbook.

Tipico Sportsbook Colorado

Tipico Sportsbook Bonus Offer – 100% Deposit Match Up To $100

New customers at Tipico CO Sportsbook will receive a deposit bonus worth up to $100.

About This Offer

Tipico Colorado offers a 100% first deposit match up to $100.

Those bonus funds will show up in your account as soon as your first deposit is processed and will then be available to wager with.

How Do I Unlock The Tipico Sportsbook Colorado Promo?

1. Click on the “Claim Offer” or “Bet Now” link below.
2. Provide a valid email address and select “Claim Now” on Tipico’s homepage.
3. Choose Colorado from the drop-down menu.
4. Fill out the registration form.
5. Verify your details by clicking the link sent to your email account.
6. Make a minimum deposit of $10.
7. Start placing bets to meet the 2x wagering requirements (bonus + deposit) on the deposit bonus.

Why Tipico

Tipico Sportsbook has a team in-house that comes out with the betting odds and lines, and they will likely be better than the standard Vegas odds. Tipico has plenty of experience in the online sports betting industry, even if it’s still new in the United States.

This is another sports betting option that will focus on international sporting events but will also have all of the top U.S. sports betting options available. Tipico offers one of the only deposit matches on our list of Colorado sportsbook promotions.

• See how Tipico compares with other online sports betting sites in our Tipico review.

Bet365 Colorado

Bet365 Bonus Offer – Bet $1 Get $200 In Bonus Bets

Offering a Bet $1 Get $200 bonus is Bet365 Colorado. You receive $200 in bonus wagering credits after placing a real money wager of at least $1.

To be eligible for the promotion, you must make a deposit of at least $10. Once you have done that, Bet365 will give you $200 in bet credits when you place a minimum $1 wager on any straight bet with -500 odds or less (or a parlay with at least one leg at -500 or less). Bet credits wager excluded from returns.

About This Offer

• Click the “CLAIM OFFER” or “BET NOW” link next to the Bet365 offer below.
• Once on Bet365 online site, click the “Join Now” link.
• Fill in the identification details on the pop-up screen.
• Make a minimum $10 deposit. After that, make a $1 eligible wager, and you’ll unlock the $365 bet credit bonus.

Why Bet365?

One of the most reputable sports betting companies in the world, the Bet36 CO platform offers Colorado bettors a top-notch sportsbook app.

The Bet $1 Get $200 bonus is as close to a no-deposit bonus as it gets among sportsbook bonuses, as you only need to make a $10 deposit and $1 wager to qualify. The Bet365 offer stands as one of the best Colorado sportsbook bonuses.

• See how Bet365 CO compares with other online sports betting sites in our full review of Bet365.

Other Options For Colorado Sports Bettors

Fliff Colorado

Fliff Bonus Offer – 100% Deposit Match Up To $100 In Fliff Cash

Fliff welcomes Colorado players with a 100% deposit match offer up to $100 in Fliff Cash.

Although Fliff functions like a traditional online sportsbook, , it operates as a sweepstakes gaming app. You can participate in play money games on the app, or play sweepstakes sports betting games for the chance to win cash prizes.

How Can I Claim The Fliff Colorado Promo?

1. Click one of the “CLAIM OFFER” or “BET NOW” links below.
2. Download the Fliff app for Android or iOS (no desktop version is available).
3. Click “Cashier” at the bottom of the main lobby.
4. Choose the “Menu” option inside the Cashier area.
5. Input your email, phone number, and address.
6. Upload a scanned copy of a photo ID (e.g., driver’s license) and go through the steps for the requested a facial recognition scan.
7. Purchase a Fliff Coins package (similar to depositing) to qualify for the bonus. Fliff will ask for your SSN before you can complete the purchase.

Why Fliff

Fliff offers an experience that’s almost identical to what you’d find at the other online sportsbooks on this list. The app offers its sports picks in sweepstakes currency format, and as such Fliff doesn’t technically fall under the same category as the regulated online books on our list.

Fliff’s easy barrier to entry and accessibility in nearly every U.S. state makes it a convenient and fun alternative to the other books on this list.

• For more on how Fliff works, check out our Fliff review page.

What Are The Best Colorado Daily Fantasy Apps?

• Underdog Fantasy
• ParlayPlay
• PrizePicks

Looking for the top daily fantasy options in your state? Check out our Best DFS Sites guide.

Best Colorado DFS Bonuses May 2023

Underdog Fantasy Colorado

Underdog Fantasy Bonus – 100% Deposit Match Up To $100

The Underdog Fantasy new player bonus offers a 100% match deposit bonus up to $100.

About This Offer

Make a deposit of a minimum of $10 and enter the promo code “PROPS.” Underdog Fantasy will match your deposit 100%, up to a $100 max. The bonus comes with a 1x playthrough requirement (bonus plus deposit).

How Can I Claim The Underdog Fantasy Colorado Promo?

• Choose the “CLAIM OFFER” or “PLAY NOW” link below.
• Click the “Sign Up” button from the Underdog Fantasy homepage.
• Choose a username and password, and enter a valid email address and your date of birth. The PROPS promo code will already be entered when you sign up through one of our links.
• Make a minimum $10 deposit to qualify for the Underdog Fantasy welcome bonus.

Why Underdog Fantasy?

Underdog Fantasy offers traditional daily fantasy games, including Best Ball contests and tournaments with massive prizes.

Additonally, you’ll find Player Pick’em contests that resemble prop bets at online sportsbooks. Underdog’s availability in 40 states, as well as its unique game formats, make it a great change-up among the sports betting and DFS options available in Colorado.

• Take a look at our comprehensive Underdog Fantasy review.

ParlayPlay Colorado

ParlayPlay CO Bonus – 100% Deposit Match Up To $100

Sign up for ParlayPlay with the “CLAIM OFFER” link below, and you’ll unlock a 100% deposit match up to $100.

About This Offer

The ParlayPlay bonus allows you to essentially double your first deposit, for up to a max of $100 in bonus credits. Whatever amount you deposit, ParlayPlay will match with an equal amount, up to a $100 max.

How Can I Claim The ParlayPlay Colorado Promo?

• Choose the “CLAIM OFFER” or link below.
• Once redirected to the ParlayPlay site, click the “Join Now” link.
• Enter the requested details to create an account.
• Make a deposit of between $10 and $100. Parlay play will match that amount with bonus credits. Be sure to enter promo code “PROPS” when prompted.
• You’ll also get an additional $5 in bonus credits as a special no-deposit bonus.

Why ParlayPlay

ParlayPlay functions as a daily fantasy sports app, but offers an experience that rivals a traditional sportsbook in some respects. If you like prop betting and parlay betting, you’ll likely enjoy the unique combination of games ParlayPlay has to offer.

• For more on how ParlayPlay works, click here to read our comprehensive review.

PrizePicks Colorado

PrizePicks doesn’t currently offer a sign-up bonus for Props.com readers. Check back with this guide for the latest updates on a PrizePicks Colorado promo.

Why PrizePicks?

PrizePicks offers fantasy contests that resemble prop bet parlays at online sportsbooks. Available in more than 30 states, PrizePicks is one of the most popular sports betting alternatives available in states that don’t yet have regulated online betting.

• If you enjoy PrizePicks, check out our guide to Apps Like PrizePicks.

Check out some of the best sports betting bonuses available in other U.S. states:

• Top Arizona Welcome Bonuses
• Top California Welcome Bonuses
• Top Colorado Welcome Bonuses
• Top Illinois Welcome Bonuses
• Top Indiana Welcome Bonuses
• Top Kentucky Welcome Bonuses
• Top Maryland Welcome Bonuses
• Top Massachusetts Welcome Bonuses
• Top Michigan Welcome Bonuses
• Top New Jersey Welcome Bonuses
• Top New York Welcome Bonuses
• Top North Carolina Welcome Bonuses
• Top Ohio Welcome Bonuses
• Top Pennsylvania Welcome Bonuses
• Top Tennessee Welcome Bonuses
• Top Texas Welcome Bonuses
• Top Virginia Welcome Bonuses