The best quality sportsbooks in Colorado offer their customers attractive welcome bonuses and follow that up with exciting ongoing promotions. As a new player, you could potentially receive up to $5,400 in bonus bets across these top Colorado sportsbooks. You can claim these promos now by signing up with one of our recommended sports betting sites in the Prairie State.
Our guide includes detailed instructions, bonus codes, and everything else you need to start.
Top Colorado Sportsbook Bonuses & Promotions
|Caesars Sports||Get a Bonus Bet of up to $1,000 on your first losing bet||√ High win limits √ Massive odd boosts √ Large bonuses|
|BetRivers||Second chance $500 bet offer||√ Legal and regulated √ Convenient iOS and Android App √ iRush rewards|
|BetMGM||$1,500 bonus back bet offer for Colorado, promo code: USDOTBET||√ BetMGM rewards program √ Cash-out feature √ Live streaming of events|
|DraftKings||Bet $5 and receive $200 of bonus bets||√ Generous welcome bonus √ Wide range of payment methods √ Refer a friend bonus of $100|
|FanDuel||Bet $5 to receive $200 in free bets||√ Easy-to-use interface √ Many betting markets √ Daily promotions|
|Bet365 – CO||Two choices of a bet: $5 get $150 in bonus bets, or $1,000 in second chance bets. Code: USB365||√ Reputable global bookmaker √ Incredible odds √ In-app live streaming|
|PointsBet||Up to $1,000 in second-chance bets||√ Unique betting options √ Fast Payouts √ Excellent reward program|
The Best Colorado Bonus Codes & Promotions
For new players in Colorado, there’s a wealth of enticing welcome bonuses across various sportsbooks, each offering a substantial boost to get started with sports betting. Use promo codes, when required.
- Caesars Sportsbook: Up to $1,000
- BetRivers: Up to $500 for new Colorado bettors, bonus code is USBTRV
- BetMGM Colorado: Up to $1,500, use promo code USDOTBET
- DraftKings Sportsbook: $200
- FanDuel: $200
- Bet365: Choose between $150 or $1,000 (for consistency, we’ll take the higher value). Enter code: USB365 in Colorado.
- PointsBet: Up to $1,000
Caesars Sportsbook – $1,000 bonus back bet for your first losing bet
Caesars Sportsbook Colorado has an excellent opportunity for its new players if the first bet is a losing one. You can receive up to $1,000 in bonus bets when using the bonus code, if required. You have 30 days to place your initial bet after opening your account, and it comes with a 14-day expiry.
BetRivers – $500 stake back bonus on a first bet if it loses
BetRivers Colorado has a second chance bonus bet welcome offer whereby you will receive up to $500 in bonus bets if your first bet isn’t a winning one. A promo code of USBTRV is required to activate this betting offer. You have 30 days to use the bonus funds; any bets you place must have odds of -200 or greater.
BetMGM – Up to $1,500 in bonus back bets
BetMGM is one of the industry giants and provides an excellent welcome bonus for its new depositing customers. You must deposit at least $10, and on your first bet placed with the betMGM Colorado promo code USDOTBET, you can get up to $1,500 of bonus bets. The bonus gets granted within 24 hours of your losing bet, and you must use the free bet within seven days.
DraftKings – Place a $5 bet and receive $200 in bonus bets
The DraftKings Colorado’s new user bonus is lucrative and quite an incredible offer. When you place a $5 bet on one of the lines, you will instantly receive eight $25 bonus bets. It doesn’t matter whether your initial bet wins or loses. You also have got a seven-day window in which to use it. Best for UFC bets or in play.
FanDuel – Bet $5 and get $200 in bonus bets
The FanDuel sportsbook welcome offer for new registering customers in Colorado is similar to the DraftKings one, where you must also place a minimum bet of $5 and receive $200 in free bonus bets. However, FanDuel also offers new players a free trial for a month of the NBA League Pass. The bonus funds have a seven-day expiry, and you cannot use them on the same game, round-robin or Parlay bets.
Bet365- up to $1,000 in insurance cashback/ Bet $5 and get $150 bonus bets
Bet365 offers its Colorado players a choice of two welcome bonuses. The first option is up to $1,000 in bet insurance on your first losing bet with a minimum bet of at least $10. The second offer is you must place qualifying bets to the value of $5 and receive $150 in bonus bets. Use credits on NFL and Tennis games.
Both options have 30 days of validity after opening your account to choose which to claim, and once released, are valid for 90 days.
PointsBet – $1,000-second chance bonus bets offer
At PointsBet Colorado, you can claim a free bet for your first ten days of betting after registration. Each day, you must place a bet, and you can land a $100 bonus bet for any losing bets totaling $1,000. It has a promo code you must use when you deposit WELCOME, and bonus bets expire seven days after activating. The offer is best for NBA bets.
Comparison of the Best Colorado 2023 Betting Bonuses
|Sportsbook||Promo Code||Bonus Bets||Expiry Period|
|Caesars Sportsbook||CZR1000||Up to $1,000||14 days|
|BetRivers||USBTVR||Up to $500||30 days|
|BetMGM||USDOTBET||Up to $1,500||7 days|
|DraftKings||code is optional||Up to $200||7 days|
|FanDuel||no codes||Up to $200||7 days|
|Bet365 Colorado||USB365||Up to $1,000 or $150||90 days|
|PointsBet||WELCOME||Up to $1,000||7 days|
Legal Sportsbooks in Colorado 2023
Check out the full list of sportsbooks where you can claim sign up bonuses available in Colorado in 2023:
- Bally Bet
- Bet365 Colorado – code USB365
- BetMGM – promo code USDOTBET
- SBK Sportsbook
- SI Sportsbook
Colorado Bonus Types Explained
It’s important to note that every Colorado sportsbook has different bonus offers, so let’s look at the most common and how to use them:
Second Chance Bet
Most Colorado sportsbooks favor this welcome bonus of a second chance bet like PointsBet, Bet365 and BetMGM. When you place your first bet, if it doesn’t win, you will receive bonus back bets, allowing you another chance to place a new sports bet wager.
The minimum deposit required is $10, and how it works is if you have a winning bet, you receive the payout, and the offer is over. However, if you lose, you will receive a bonus back up to the amount of your losing bet’s potential winnings. Let’s say you bet $100, and the payout if it won was $700. As $100 was your bet amount, you will only receive any potential profit, which would have been $600.
Another essential point is always to check the terms, as some have different time frames in which to use, like seven days at DraftKings. If you forget, you forfeit any bonuses on your account. There are also sometimes restrictions on bets allowed, so do always check exactly what you can use them on.
Bet and Get Bets
DraftKings, Bet365 and FansDuel offer this type of betting bonus, which is where you place a minimum bet of $5 with DraftKings and FansDuel, you receive $200 in bonus bets, and Bet365 offers $150. It doesn’t matter if you win or lose. As soon as you place your bets, the free bets get released. Also, always check the time limits; you will also only receive any winnings, not the free bet value.
After using up the welcome bonus, the best Colorado sportsbooks will encourage players to return with various sports promotions. These include bet boosts and free bets or cashback offers on a particular sport.
If the sporting calendar has many significant events, you can expect to find even more offers, so check the promotions tab, especially for important events like the NFL.
How to Claim Bonuses at Colorado Sportsbooks
Check out our easy steps to claim one of the Colorado sportsbook bonuses:
- Open the chosen Colorado sportsbook homepage.
- Find the offer on the promotions tab and read through any bonus terms attached.
- Register your new account, providing your details, and if you have a bonus code, input it if it is part of the registration process.
- make your first deposit through the cashier to activate the bonus.
- Place the required bet as detailed in the terms, and check the minimum lines required and your bet amount.
- As soon as your bet settles, you can make a withdrawal request if it’s a winner.
Understanding Colorado Sportsbook Bonuses – Terms and Conditions
To ensure you will receive both your bets and any winnings, always check all these details before placing your first wager at a Colorado bookmaker:
Bookmakers in Colorado have various time frames in which you must complete any bonus bet requirements. For example, PointsBet has a seven-day expiry, BetRivers has 30 days, and Bet365 allows 90 days, so always confirm so you don’t lose your free bet.
Bonus codes are essential to claim one of the welcome bonus offers if required, like the one at Caesars Sportsbook. Either input it at the point of registration or deposit; without it, you won’t receive the bonus.
Some Colorado bookmakers require you to click an opt-in button like Bet365 to activate an offer and deposit. It’s always clearly visible under your account dashboard, giving you easy access to what’s required.
If you are fortunate to live in Colorado and looking for enticing sportsbook welcome offers, then we have picked the top seven sites that all offer generous bonuses from second chance bets to bet and get. Always check the terms first to understand what’s required, and happy betting!
All Colorado Sports Betting Offers and Bonuses
- BetMGM CO Sportsbook Bonus: $1,5K back in Bonus BetsUSDOTBETBetMGM sportsbook is one of the hottest online betting sites in the US. It offers a full range of pregame and in-play betting on NFL, NHL and many more markets.BetMGM legal states: AZ, CO, DC, IL, IN, IA, KS, LA, MI, MS, NV, NJ, NY, PA, TN, VA, WV, WY, OH
- BetRivers CO Sportsbook Bonus: $250 Second Chance Bonus BetUSBTRVBetRivers sportsbook app offers users in Colorado to bet on epic sporting events, such as Super Bowl, NBA Finals, MLS, MLB and NCAAF tournaments. Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in CO. Void where prohibited. T&C Apply.BetRivers legal states: AZ, CO; MI, WV, NJ, OH, PA, CT, IA, NY, VA, IL, IN, LA
- Caesars CO Sportsbook Bonus: Get up to $1000 Bet BonusCZR1000Caesars Sportsbook is now live in multiple US states, offering a mix of pregame, futures, and in-play betting. Caesars app is full of easy-to-use features for all customers.Caesars Sportsbook legal states: AZ, CO, IN, IA, IL, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA & WV
- PointsBet CO Sportsbook Bonus: Up to $500 in Free BetsWELCOMEPointsBet is live in the US and offering great welcome bonuses for all new signups. PointsBet also offers numerous cashback promotions and a rewards program.PointsBet legal states: CO, IL, IN, IA, MD, MI, KS, LA, NJ, NY, OH, PA, VA, WV
- SBK CO Sportsbook Bonus: Get $100 in Free BetSBK100SBK is the regulated sportsbook app available in Colorado. SBK offers the best prices and sharp odds because they have no margins on betting options.SBK Sportsbook legal states: IN, CO
- Bally Bet CO Sportsbook Bonus: 100% First Bet Match Up to $250One of the best-rated online sportsbooks licensed in Colorado. Bally Bet offers 1000s of markets on a dozen sports through its Bet. Works-powered sportsbook app.Bally Bet legal states: AZ, CO, IA, IN, OH, NY, VA, (MA in Summer 2023)
- FOX Bet Colorado Bonus: up to $50FOX Bet is an online and mobile sports betting brand developed through a first-of-its-kind national media and sports wagering partnership in the United States with FOX Sports. Betting app is live in Colorado.FOX Bet legal states: NJ, CO PA, MI
- PlayUp CO Sportsbook Bonus: Get $100 Free BetsPlayUp is a new online sportsbook that is slowly making inroads into the regulated US betting market. PlayUp is an All-in-one sports betting and racing platform covering 250,000+ events per year.PlayUp legal states: NJ, CO, IA, IN
Colorado Sportsbook Bonuses FAQs
Who has the best Colorado sportsbook bonus?
The Bet365 welcome offers are excellent. It lets you choose your preferred bonus of a bet and get up to $150 or $1,000 in second-chance bets.
What is the code for bet365 Colorado bonus?
Use USB365 to claim you bet credits at bet365. Terms apply.
What is the bonus code for betMGM Colorado sportsbook?
Use USDOTBET code to claim current betMGM welcome bonus in Colorado. Terms apply.
Can I trust the Colorado sportsbooks?
Licensed and regulated by the Colorado Gaming Board, our recommended bookmakers are safe, secure, and legitimate.
Can only new customers claim free bets at Colorado sportsbooks?
Once you’ve completed the welcome bonus, you will find many promotions for existing customers, like free bets, cashback, and bet boosts to enhance your winnings.