Best Colorado Sportsbook Bonus Offers


On May 1, 2020, the CO sports betting market went live. Colorado residents voted to make both retail and online sports betting legal.

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 leading sportsbooks 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 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 10 Best Colorado Sportsbook Bonus Offers for January 2023:

DraftKings Sportsbook Colorado

Bonus Offer

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 free bets.

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. 

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

BetMGM Colorado

Bonus Offer

Use the links on this site to unlock a $1,000 risk-free bet 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 risk-free bet 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 a free bet for the amount that was wagered. 

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 guide to Colorado Sports Betting Apps 

Caesars Sportsbook Colorado

Bonus Offer

Caesars Sportsbook has a risk-free bet worth up to $1,250 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 $1,100 risk-free bet. 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 and then your first bet is completely risk-free, and you will be refunded if it loses. 

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. 

FanDuel Sportsbook CO

Bonus Offer

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

About This Offer

FanDuel is considered the gold standard when it comes to its sportsbook bonus. The $1,000 risk-free bet has been available for years, and FanDuel doesn’t mess with it.

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

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 of the 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 $1,000 “No Sweat First bet promo:

Betway Sportsbook Colorado

Bonus Offer

New users at Betway CO Sportsbook are eligible for a risk-free bet worth up to $250. 

About This Offer

Betway Colorado does not have a large welcome offer, but you will still receive a risk-free bet 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. 

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. 

BetRivers Sportsbook CO

Bonus Offer

BetRivers Sportsbook Colorado has a risk-free 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. 

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. 

PointsBet Colorado

Bonus Offer

PointsBet Sportsbook CO offers a pair of risk-free bets worth up to $2,000 to all new customers in Colorado. 

About This Offer

This is a massive welcome bonus from PointsBet Colorado Sportsbook that equals $2,000 if the full bonus is used. You will be able to receive a risk-free bet on a fixed-odds wager, and a risk-free bet on the first points betting wager.

The first fixed odds wager is risk-free up to $500 and the first points betting wager is risk-free up to $1,500. 

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

Bonus Offer

WynnBET Sportsbook Colorado offers up to $100 in free 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 free bets can be yours as long as you make a wager of at least $100 with your first bet.

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.

Betfred Colorado Sportsbook

Bonus Offer

Betfred Sportsbook has a “Bet $50 Win $250” for all new customers. This free bet bonus awards $250 in bonus money if your first bet is $50 or more.

About This Offer

This is a standard offer from Betfred Sportsbook that awards $250 in free bet after you make an initial wager of at least $50. This welcome bonus is available to all new customers that sign up at the site, and it applies to the first wager that is placed. 

Why Betfred

Betfred Sportsbook has a long list of wagering options, and that includes both U.S. and international sporting events. Betfred is limited in where it is offering sports betting in the United States, which means it is focused on the state of Colorado. 

You will find a long list of daily and weekly promotions from Betfred Sportsbook as well. 

Tipico Sportsbook Colorado

Bonus Offer

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. 

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. 

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

Bet365 Colorado

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 $200 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.

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