Colorado Sportsbooks: Best Betting Sites, Apps & CO State Guide for 2024
Everything you need for betting with sportsbooks in Colorado, covering the best betting sites & apps, how to bet in Colorado, legality, betting taxes, and much more.
If you’re a Colorado resident looking to get your sports betting journey started, look no further because we’ve identified the best Colorado betting apps for new users. In this article, we’ll break down the best of the best Colorado sports betting apps and how you can claim a deposit bonus when you sign up for a new account.
If you’re ready to get your Colorado online sports betting journey started now, click any of the links or widgets in this article. Or, you can keep reading to learn more about the best Colorado sports betting apps, and which one we identified as the best.
🔥 Best Colorado Betting App
Since you’re new to Colorado sports betting, we wanted to make things easier for you, so we’ve compiled the best Colorado sports betting app currently available. SI Sportsbook is the best sports betting app in Colorado, and you can create your own account today.
Here is how we rated the top Colorado betting site available:
💲 Welcome Bonus | |
📆 Legal in Colorado from | September 2021 |
📱 Available Platforms | Desktop / iOS / Android / Retail |
⚡ Payout Speed | 1 days - 6 days |
🎯 Best Feature | Wide Variety of Betting Markets and Daily Odds Boosts for all Colorado Teams |
⭐ Our Rating | 4.9/5 |
SI Sportsbook Welcome Offer
The SI Sportsbook Colorado welcome offer is a top-notch sign-up bonus. Simply USE THIS LINK to join SI Sportsbook, and you're on your way to snagging $100 in bonus bets. Start your sports betting journey right by creating your account today!
Best Colorado Sports Betting Site: Where to Bet in Colorado
We’ve searched far and wide for the best Colorado sports betting sites and apps so that you don’t have to. What we found may shock you, but SI Sportsbook Colorado stands alone as the premier sports betting destination in the state. Yes, there are other Colorado sportsbooks, but you’ll want to join SI Sportsbook before creating your new accounts elsewhere.
#1 SI Sportsbook Colorado
SI Sportsbook has some great Colorado promo codes and bonuses available for new users, but if you use the links in this article to get started, you won’t need any code! After you join SI, you’ll see why they’re one of the best sportsbooks out there.
Why You Should Bet With SI Sportsbook
SI Sportsbook brings the excitement of sports betting to your fingertips with a user-friendly platform that caters to both beginners and seasoned bettors. You'll find a wide range of sports and betting options, competitive odds, and enticing promotions to enhance your wagering experience.
Whether you're into NFL, NBA, MLB, or any other sport, SI Sportsbook offers a comprehensive sports betting experience with a trusted brand. Join the action and elevate your sports betting game with SI Sportsbook in Colorado!
Other Colorado Online Sportsbooks & Apps in 2024
SI Sportsbook Colorado
SI Sportsbook in Colorado is a promising option for sports bettors in 2024. The platform offers a wide range of sports markets and betting options, providing users with plenty of choices. Its mobile app is user-friendly and well-designed, making it easy to navigate and place bets on the go, and you can CLICK HERE to create a new account today.
However, while SI Sportsbook has many strengths, it may face tough competition from other established sportsbooks in the state. The odds and promotions could also be more competitive to attract a broader audience. Overall, SI Sportsbook Colorado is a solid choice for sports betting enthusiasts, particularly those who appreciate a user-friendly app.
How to Sign Up With an Online Sportsbook in Colorado
Ready to kickstart your Colorado online sports betting journey? Follow these simple steps to get started at one of the Colorado sportsbooks hailed as the best, which also serves as one of the best NFL betting sites:
- Use the links in this article to create a new account on the top Colorado sports betting app.
- Make an initial deposit that meets the platform's new-user requirements for the various Colorado sports betting apps.
- Place a qualifying wager to be eligible for the bonus offered by your legal sports betting Colorado platform
Once you've completed these steps, you'll either have triggered bet insurance or be eagerly awaiting the settlement of your wager to receive the guaranteed bonus bets. It's as straightforward as that! Don't waste any more time—begin your exciting sports betting adventure today at any of the Colorado betting sites in this article.
How to Bet on Sports Online in Colorado?
Here's a step-by-step guide on how to bet on sports online:
- Register for a sports betting account in Colorado by providing the necessary personal details and creating login credentials.
- Deposit funds into your sportsbook account using available payment methods like credit/debit cards, e-wallets, or bank transfers.
- Browse through the sportsbook's offerings to find the sport and specific markets you want to bet on. Familiarize yourself with different bet types, such as money line, point spread, or totals.
- Select the game or match you wish to bet on. Choose the desired bet type and enter the amount you want to wager.
- Double-check your selection and the wager amount before confirming the bet.
- Sit back, follow the event and hope for a winner.
Colorado Betting Overview
⚖️ Is betting legal? | Yes |
📆 State legalized on | 2020 |
🎂 Legal age to bet | 21 |
💻 Online sportsbooks | Yes, there are 21 active |
🏢 Retail sportsbooks | Yes, 17 retail options |
🧾 Tax rate on winnings | 10% |
Is Sports Betting Legal in Colorado?
Yes. Colorado sports betting is legal and has been since May 2020.
When Did Sports Betting Become Legal in Colorado
Colorado sports betting became legal on May 1, 2020. In November 2019, Colorado voters approved Proposition DD, which authorized the regulation and taxation of sports betting.
Can You Bet on Sports in Person in Colorado?
Yes, you can bet on sports in person in Colorado at multiple locations. These brick-and-mortar Colorado sportsbooks are located within the premises of licensed casinos.
Some prominent casinos that offer retail sports betting are located in Black Hawk, Cripple Creek and Central City. You can see each of their locations in Colorado in the section below.
Colorado Retail Sportsbook Locations
If you want to start betting in Colorado in person, review the Colorado retail sportsbook locations below:
- Ameristar Casino Resort Spa: 111 Richman St. Black Hawk, CO
- Bronco Billy's Casino: 233 E Bennett Ave Cripple Creek, CO
- Colorado Grande Casino: 300 E Bennett Ave Cripple Creek, CO
- Grand Z Casino Hotel: 321 Gregory St. Central City, CO
- Isle Casino Black Hawk: 401 Main St. Black Hawk, CO
- Johnny Nolon’s Casino: 301 E Bennett Ave Cripple Creek, CO
- Johnny Z’s Casino: 132 Lawrence St. Central City, CO
- Mardi Gras Casino: 300 Main St. Black Hawk, CO
- Ute Mountain Casino: 3 Weeminuche Dr. Towaoc, CO
Timeline of Colorado Betting Legislation: How Did Betting Become Legal?
Legal sports betting for Colorado residents is a relatively new thing, as it was legalized in the state at the turn of the decade. Here is a timeline of Colorado betting legislation:
- November 2019: Colorado voters approved Proposition DD, which legalized Colorado sports betting.
- May 1, 2020: Sports betting becomes legal in Colorado.
- May 1, 2020: Licensed operators start accepting wagers in Colorado.
- May 2020: The Colorado Limited Gaming Control Commission and the Colorado Division of Gaming establish regulations and guidelines for sports betting operations.
- May 2020: Multiple sportsbooks and online platforms obtain licenses to operate in Colorado.
- May 2020: Mobile and online sports betting platforms launch in Colorado.
Sports Betting Taxes in Colorado
Do I Have to Pay Taxes on Sports Betting in Colorado?
Yes, you are required to pay sports betting taxes in Colorado.
How to Report Taxes When Betting on Sports in Colorado
Any sports betting winnings, regardless of the amount, are considered taxable income and must be reported on your federal income tax return (Form 1040) and your state income tax return (Form 104 Colorado). You are allowed to deduct your losses from your sports betting taxes in Colorado up to the amount of your gambling winnings. However, you must keep accurate records of your losses, including wagering tickets, receipts and other documentation.
If your sports betting winnings meet certain thresholds, the sportsbook may issue a W-2G form to report the winnings to you and the IRS. This form will specify the amount won and the taxes withheld, if any.
Colorado Sports Betting Tax Rate
The Colorado sports betting tax rate is 10%.
Colorado Sports Teams to Bet on
In Colorado, there is a wide variety of teams across different sports that you can bet on. Whether you're a fan of professional leagues or college sports, you'll find numerous options for sports betting.
Here are some of the popular teams and sports available for betting in Colorado:
Denver Broncos Betting
The Denver Broncos were established in 1960 as a charter member of the American Football League (AFL) before merging with the National Football League (NFL) in 1970. The team has a rich history with three Super Bowl victories (1997, 1998 and 2015). Some standout Broncos players include John Elway, Peyton Manning, Terrell Davis, Shannon Sharpe and Champ Bailey.
The Broncos play their home games at Empower Field at Mile High, located in Denver, Colorado. The stadium has a seating capacity of over 76,000. Some popular betting markets that are fun to wager on with the Broncos include the first touchdown scorer and first-quarter point spread, especially when they’re playing at home.
Denver Nuggets Betting
The Denver Nuggets were founded as a charter franchise of the American Basketball Association (ABA) in 1967 and later joined the National Basketball Association (NBA) in 1976. Some standout players include Alex English, who is the franchise's all-time leading scorer, along with other notable names such as David Thompson, Carmelo Anthony, Allen Iverson, Dikembe Mutombo and NBA champion Nikola Jokić.
Jokić, in particular, has emerged as one of the league's premier players, winning the NBA Most Valuable Player (MVP) award twice before leading Denver to its first NBA championship in 2023. The Nuggets play their home games at Ball Arena, which can accommodate over 19,000 fans. If you’re ever betting on a Nuggets game, Nikola Jokić to record a triple double is always a fun market to wager on.
Colorado Avalanche Betting
The Colorado Avalanche franchise was founded in 1972 as the Quebec Nordiques before relocating to Denver in 1995. The team has a successful history, including three Stanley Cup championships (1996, 2001 and 2022). Notable players include Hall of Fame goaltender Patrick Roy, and other players such as Joe Sakic, Peter Forsberg, Ray Bourque, Paul Stastny and Nathan MacKinnon, who has emerged as one of the league's top talents in recent years.
The Avalanche play their home games at Ball Arena, which is shared with the Nuggets. Betting the Over for Colorado’s games is a popular bet, and the first-period over is another fun wager to risk money on when you’re watching their games.
Colorado Rockies Betting
The Colorado Rockies were established as an expansion team in Major League Baseball (MLB) in 1993. The Rockies have seen several notable players wear their uniform, including Todd Helton, Larry Walker, Troy Tulowitzki, Carlos Gonzalez and Nolan Arenado. They play their home games at Coors Field, located in Denver, Colorado. Coors Field is known for its high elevation, which can affect the gameplay by increasing offense due to the thin air.
One popular betting market for Rockies’ games and other MLB contests includes the NRFI/YRFI market, as you can win or lose your bet in the first inning. Betting on the NRFI means you are betting for there to not be a run in the first inning, while a wager on the YRFI means you are betting for there to be at least one score in the first.
FAQs
❓ What is the Best Betting Site in Colorado?
Determining the best betting site in Colorado is difficult, but we’d recommend SI Sportsbook.
❓ What is the Most Popular Online Betting Site in Colorado?
We couldn’t determine who is the most popular site for Colorado online sports betting.
❓ Which Sportsbook in Colorado has the Most Users?
SI Sportsbook in Colorado is up there for the most users, but a few other sportsbooks could content more.
❓Which Sports Betting Site in Colorado has the Fastest Payout?
Various Colorado sportsbooks have fast payouts, and there isn’t one that can be considered the fastest. We’ve had extremely fast payouts from SI Sportsbook but payout times can vary from case to case.
❓ How Old Do You Need to Be to Bet on Sports in Colorado?
You must be 21 years old to bet on sports in Colorado.
❓ Can You Bet on College Sports in Colorado?
Yes, you can bet on college sports in Colorado. However, some player props or prop bets may not be available to bet on for college sports events.
❓ Can You Play Fantasy Sports in Colorado?
Yes, you can play fantasy sports in Colorado.
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