Online Sportsbooks List of All Colorado Sportsbooks Colorado Sportsbook Promos

Colorado Sportsbook Promos

Check out the best sports betting promos & bonuses now available in Colorado

Written by Ben Smith → Contributor

Updated: Dec 17, 2025

21+. Gambling problem? Call or Text 1-800-522-4700 or Visit ncpgambling.org/chat

Best Colorado Sportsbook Promos
	Bonus
#1 Fanatics Sportsbook 4.5/5	Bet and Get up to $2,000 in FanCash Bet Insurance	Review Claim Go to Fanatics Sportsbook	Get Up to $200 Back in FanCash Every Day for 10 Straight Days if Your Bet Loses (Up to $2,000 Total) 21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MA/MI/ NJ/NY/NC/OH/PA/TN/VT/VA/WV/WY/DC only. Must opt-in and make a qualifying wager of $1+. One qualifying wager per day. Qualifying cash wager must have odds of -500 or greater. If the qualifying wager settles as a loss, receive a non-withdrawable FanCash amount equal to your stake, up to a maximum of $200 per day. FanCash paid out within 72 hours of qualifying wager settlement. FanCash expires 7 days from issuance. See full Promo Terms and FanCash terms in the Fanatics Sportsbook app.
#2 FanDuel Sportsbook 4.7/5	Bet $5, Win $250 in Bonus Bets if your bet wins	Review Claim Go to FanDuel Sportsbook	Place a $5 Wager and Get $250 in Bonus Bets If Your Bet Wins 21+. New customers only. Offer(s) available in AZ/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA /MI/MO/NC/NJ/NY/OH/PA/TN/VT/VA/WV/WY/DC. Minimum $5 first deposit required. Promotion bonus will be credited to your account within 72 hours of settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonuses issued as non-withdrawable bonus bets that expire in 7 days. See full T&C at FanDuel.
#3 Bet365 4.5/5	Bet $5, Get $150 or $1,000 First Bet Safety Net	Review Claim Go to Bet365	Choose your offer: Get $150 in Bonus Bets After Your First Real Money $5 Wager or Get up to $1,000 Back in Bonus Bets if Your First Wager Loses 21+ (18+ in KY). New customers only. Offer available in AZ/CO/IL/IN/IA/ KY/LA/NC/OH/VA. Different offer(s) available in NJ/MO/PA. $10 first deposit required within 30 days. Offer must be claimed via mobile app. Minimum wager of $5 required to claim the $150 Bonus Bets. Must contain at least one selection at odds of -500 or greater. Loss refunded as bonus bets up to $1,000 with Safety Net Offer. Bonus issued as non withdrawable bonus bets that expire in 7 days. Bonus Bets wager excluded from returns. See full T&C at Bet365. #ad
#4 Caesars Sportsbook 4.6/5	Bet $1, Double Your Winnings on Your Next 20 Bets	Review Claim Go to Caesars Sportsbook	Get 20 100% Profit Boosts After Your First Real Money Wager of $1 21+ only. New customers only. Must use Promo Code SBO20X. AZ/CO/IL/IN/IA/KS/KY/LA/ME/ MA/MD/MI/NJ/NY/NC/OH/PA/TN/VA/WV/WY/DC only. Deposit required (min $10). Must place first real money Qualifying Wager (min $1) within 30 days. Receive twenty 100% Profit Boosts to use on any market. Maximum wager for each profit boost is $25. Maximum additional winnings for each rewarded profit boost is $2,500. Profit Boosts expire 14 days after receipt. See full T&C at Caesars.
#5 DraftKings Sportsbook 4.6/5	Bet $5, Win $200 in Bonus Bets	Review Claim Go to DraftKings Sportsbook	Bet $5 and Get $200 in Bonus Bets if Your Bet Wins 21+ and present in most states (18+ in DC/KY/NH/WY). Must select Token BEFORE placing min. $5 bet to get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake is removed from payout. Full T&C apply, visit DraftKings Sportsbook for more details.
#6 BetMGM 4.4/5	Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win	Review Claim Go to BetMGM	Up to $1,500 Back in Bonus Bets if Your First Wager Doesn't Win 21+. New users only. Offer available in AZ/CO/DC/IL/IN/IA/KA/LA/MA/MD/MI/MO NC/NJ/OH/PA/TN/VA/WV/WY. Offer not available in NV/NY/PR. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Rewards are non-withdrawable bonus bets that expire in 7 days. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER. NY: Call (877-8-HOPENY) or text HOPENY (467369). See full T&C at BetMGM.
#7 theScore Bet 4.6/5	Bet $10, Get $100 in Bonus Bets if You Win	Review Claim Go to theScore Bet
#8 Sporttrade 3.9/5	Cash Back up to $100 Promo Code: SBOST	Review Claim Go to Sporttrade	Earn 10% Cash Back up to $100 Over Your First 7 Days 21+. New customers only. AZ/CO/IA/NJ only. Deposit required. Earn 10% cash back on each qualifying wager through the first 7 days of betting, up to $100 ($1,000 to reach max value). The promotional period begins after the first wager. Cash back will be awarded within 72 hours at the end of the player's 7 day period as a single sum. See full T&C at Sporttrade.
#9 BetRivers 3.7/5	2nd Chance Bet up to $250	Review Claim Go to BetRivers	Up to $250 Back in Bonus Bets if Your First Wager Loses 21+. New customers only. Offer amount varies by state. Up to $500 bonus in IL/IN/MD/LA/MI/PA/VA. Up to $250 bonus in CO/NJ Up to $100 bonus in AZ/IA/NY/OH/WV Must make a qualifying deposit of $10+ with promo code SBOBONUS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500. See full T&C at BetRivers.
#10 Hard Rock Bet 3.9/5	Bet $5, Win $150 in Bonus Bets	Review Claim Go to Hard Rock Bet	Place a $5 Wager and Get $150 in Bonus Bets if your bet wins 21+. 1 per new customer. Offer available in AZ/IL/IN/MI/NJ/OH/TN/VA. Eligibility restrictions apply. $5+ first-time bet req. Max. $150 issued as 6 $25 non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. See full T&C at Hard Rock Bet.

More Sports Betting Promos

Colorado Sportsbook Promos

Since the legalization of online sports betting in the state, over 20 Colorado sportsbooks have launched - the most of any in the US.

We've broken down the best sportsbook promotions for new customers in Colorado, so you can find your next betting app with a big boost.

Take a look at our breakdowns below and see where you can get the most for your bets.

Sportsbook	Bonus Offer	Promo Code
Fanatics Sportsbook	Bet and Get up to $2,000 in No Sweat Bets FanCash	Click to claim
FanDuel Sportsbook	Bet $5, Win $250 in Bonus Bets if your bet wins	Click to claim
Bet365	Bet $5, Get $150 or $1,000 First Bet Safety Net	SBO365
Caesars Sportsbook	Bet $1, Double Your Winnings on Your Next 20 Bets	SBO20X
DraftKings Sportsbook	Bet $5, Get $200 in Bonus Bets Instantly	Click to claim
BetMGM	Bet $10, Get $150 in Bonus Bets if Your Bet Wins	Click to claim
Sporttrade	Cash Back up to $100 Promo Code: SBOST	SBOST

Fanatics Sportsbook Colorado Bonus

Bet and Get up to $2,000 in No Sweat Bets FanCash

Fanatics Sportsbook has a special new player offer for bettors in Colorado: Bet and Get up to $2,000 in No Sweat Bets FanCash.

Deposit at least $1 and place a bet every day on your first 10 days with Fanatics. If you lose, Fanatics will then match your wagers 100% up to $200 in FanCash.

To qualify for FanCash of up to $200 each day, just place a bet of $1 or more on any market with odds of -500 or higher.

While we wish this offer included bonus bets instead of FanCash, the long-term value of this offer still makes it stand out from the crowd as one of the best sportsbook promos available.

Fanatics Sportsbook Colorado Promo Key Facts

Total Bonus Amount	$2,000
Minimum Deposit	$1
Minimum Bet	$1
Minimum Odds	-500
Turnover Requirement	1x
Expiration Time	7 Days
Promo Code	None Required

Claim $2,000 offer Go to Fanatics Sportsbook Review →

Get Up to $200 Back in FanCash Every Day for 10 Straight Days if Your Bet Loses (Up to $2,000 Total)
21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MA/MI/ NJ/NY/NC/OH/PA/TN/VT/VA/WV/WY/DC only.
Must opt-in and make a qualifying wager of $1+. One qualifying wager per day. Qualifying cash wager must have odds of -500 or greater. If the qualifying wager settles as a loss, receive a non-withdrawable FanCash amount equal to your stake, up to a maximum of $200 per day. FanCash paid out within 72 hours of qualifying wager settlement. FanCash expires 7 days from issuance.
See full Promo Terms and FanCash terms in the Fanatics Sportsbook app.

FanDuel Sportsbook Colorado Bonus

Bet $5, Win $250 in Bonus Bets if your bet wins

New bettors to FanDuel Sportsbook Colorado can claim its Bet $5, Win $250 in Bonus Bets if your bet wins promo.

Simply complete the registration process at FanDuel Sportsbook and deposit a minimum of $5. Once that's done, place a real-money wager of at least $5.

If your bet wins, you'll receive $250 in bonus bets within 72 hours of placing your wager.

It's important to note that this bonus bet cannot be withdrawn, but its value will be equivalent to your qualifying bet for wagering purposes.

While there is a possibility that you already possess a FanDuel account, if you haven't explored their offerings yet, now might be the time.

FanDuel Sportsbook Colorado Promo Key Facts

Total Bonus Amount	$250
Minimum Deposit	$5
Minimum Bet	$5
Minimum Odds	N/A
Turnover Requirement	1x
Expiration Time	7 Days
Promo Code	None Required

Claim $250 offer Go to FanDuel Sportsbook Review →

Place a $5 Wager and Get $250 in Bonus Bets If Your Bet Wins
21+. New customers only. Offer(s) available in AZ/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA /MI/MO/NC/NJ/NY/OH/PA/TN/VT/VA/WV/WY/DC.
Minimum $5 first deposit required. Promotion bonus will be credited to your account within 72 hours of settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonuses issued as non-withdrawable bonus bets that expire in 7 days.
See full T&C at FanDuel.

Bet365 Colorado Bonus

Bet $5, Get $150 or $1,000 First Bet Safety Net

Bet365 has an intriguing deal for new users in Colorado - choose between Bet $5, Get $150 or a $1,000 First Bet Safety Net.

To start, sign up with Bet365 and deposit at least $10 into your account. Then, pick the offer you prefer.

The Bet $5, Get $150 Win or Lose offer is simple: sign up, deposit $10 or more, and place a bet for at least $5. Within 72 hours of your bet finishing, you'll get $150 in bonus bets.

What's great about this deal is you get the bonus bets whether you win or lose. It's a win-win!

The second option is the $1,000 First Bet Safety Net. After signing up, depositing, and betting at least $10, if your first bet isn't successful, you'll get a full refund matching your wager up to $1,000 in bonus bets.

While we prefer the first offer, this one's good for those making big bets, giving extra security for your initial wager.

Bet365 Colorado Promo Key Facts

	Bet & Get Bonus	First Bet Safety Net
Total Bonus Amount	$150	$1,000
Minimum Deposit	$10	$10
Minimum Bet	$5	$10
Minimum Odds	-500	-500
Turnover Requirement	1x	1x
Expiration Time	7 Days	7 Days
Promo Code	SBO365	SBO365

Claim $1,000 offer Go to Bet365 Review →

Choose your offer: Get $150 in Bonus Bets After Your First Real Money $5 Wager or Get up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+ (18+ in KY). New customers only. Offer available in AZ/CO/IL/IN/IA/ KY/LA/NC/OH/VA. Different offer(s) available in NJ/MO/PA. $10 first deposit required within 30 days. Offer must be claimed via mobile app. Minimum wager of $5 required to claim the $150 Bonus Bets. Must contain at least one selection at odds of -500 or greater. Loss refunded as bonus bets up to $1,000 with Safety Net Offer. Bonus issued as non withdrawable bonus bets that expire in 7 days. Bonus Bets wager excluded from returns. See full T&C at Bet365. #ad

Caesars Sportsbook Colorado Bonus

Bet $1, Double Your Winnings on Your Next 20 Bets

New players to Caesars Sportsbook in Colorado can unlock a nice bonus - Bet $1 and double your winnings on your next 20 bets.

To qualify, create an account using the designated promo code and make a first cash wager of $1 or more. Once your bet is placed, you will receive 20 100% profit boost tokens, each offering a 100% boost on potential winnings.

Each boost applies to wagers of up to $25 and allows for a maximum of $2,500 in extra payouts. Profit boosts must be used within 14 days or they will expire.

No doubt one of the most interesting bonuses out there, and one that has potential to become the most valuable offer on this list!

Caesars Sportsbook Colorado Promo Key Facts

Total Bonus Amount	20 100% Profit Boosts
Minimum Deposit	$10
Minimum Bet	$1
Minimum Odds	-10000
Turnover Requirement	1x
Expiration Time	14 Days
Promo Code	SBO20X

Claim 20 100% Profit Boosts offer Go to Caesars Sportsbook Review →

Get 20 100% Profit Boosts After Your First Real Money Wager of $1
21+ only. New customers only. Must use Promo Code SBO20X.
AZ/CO/IL/IN/IA/KS/KY/LA/ME/ MA/MD/MI/NJ/NY/NC/OH/PA/TN/VA/WV/WY/DC only.
Deposit required (min $10). Must place first real money Qualifying Wager (min $1) within 30 days. Receive twenty 100% Profit Boosts to use on any market. Maximum wager for each profit boost is $25. Maximum additional winnings for each rewarded profit boost is $2,500. Profit Boosts expire 14 days after receipt.
See full T&C at Caesars.

DraftKings Sportsbook Colorado Bonus

Bet $5, Win $200 in Bonus Bets

Already one of the top sportsbooks in the country, DraftKings has a great deal for new players in Colorado.

By registering with DraftKings Sportsbook and placing your first wager of just $5 on any market, you can unlock $200 in bonus bets immediatly after placing your first bet.

Your bonus is presented as individual $25 bonus bets, giving you the opportunity to place several wagers with your bonus.

This outstanding offer presents a fantastic opportunity to receive $200 in bonus bets with just a $5 risk, making it an outstanding sign-up bonus from a top-notch sportsbook.

DraftKings Sportsbook Colorado Promo Key Facts

Total Bonus Amount	$200
Minimum Deposit	$5
Minimum Bet	$5
Minimum Odds	-500
Turnover Requirement	1x
Expiration Time	7 Days
Promo Code	None Required

Claim $200 offer Go to DraftKings Sportsbook Review →

Bet $5 and Get $200 in Bonus Bets if Your Bet Wins 21+ and present in most states (18+ in DC/KY/NH/WY). Must select Token BEFORE placing min. $5 bet to get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake is removed from payout.
Full T&C apply, visit DraftKings Sportsbook for more details.

BetMGM Colorado Bonus

Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win

New bettors to BetMGM in Colorado can get up to $1,500 in bonus bets after their first wager.

A unique welcome offer in the US sportsbook space, BetMGM will return your first wager in bonus bets if the bet loses with a max bonus amount of $1,500. Look at it as a win-win — you either win your bet, or you get it back in bonus bets. Of course, winning the bet is more valuable than losing it, as bonus bets can't be redeemed for cash until they're played and won with.

BetMGM Colorado Promo Key Facts

Total Bonus Amount	$1,500
Minimum Deposit	$10
Minimum Bet	150
Minimum Odds	N/A
Turnover Requirement	1x
Expiration Time	7 Days
Promo Code	None Required

Claim $1,500 offer Go to BetMGM Review →

Up to $1,500 Back in Bonus Bets if Your First Wager Doesn't Win
21+. New users only. Offer available in AZ/CO/DC/IL/IN/IA/KA/LA/MA/MD/MI/MO NC/NJ/OH/PA/TN/VA/WV/WY. Offer not available in NV/NY/PR.
Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Rewards are non-withdrawable bonus bets that expire in 7 days. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER. NY: Call (877-8-HOPENY) or text HOPENY (467369).
See full T&C at BetMGM.

Sporttrade Colorado Promo

Cash Back up to $100 Promo Code: SBOST

Sporttrade is offering an exciting welcome bonus for new customers in Colorado. By using the promo code SBOST when signing up, you can receive up to $100 in real cash back.

Unlike typical sportsbook bonuses, Sporttrade tracks 10% of your total bets placed during the first week. At the end of the week, the accumulated amount is converted into withdrawable cash with no extra wagering requirements.

While it may take a placing $1000 in wagers to unlock the full amount, this is still the only bonus in Colorado that rewards you in real money, so we really like this one.

Sporttrade Colorado Promo Key Facts

Total Bonus Amount	$100
Minimum Deposit	$5
Minimum Bet	$1
Minimum Odds	-400
Turnover Requirement	0x
Expiration Time	N/A
Promo Code	SBOST

Claim $100 offer Go to Sporttrade Review →

Earn 10% Cash Back up to $100 Over Your First 7 Days
21+. New customers only.
AZ/CO/IA/NJ only.
Deposit required. Earn 10% cash back on each qualifying wager through the first 7 days of betting, up to $100 ($1,000 to reach max value). The promotional period begins after the first wager. Cash back will be awarded within 72 hours at the end of the player's 7 day period as a single sum.
See full T&C at Sporttrade.

Colorado Sports Betting Bonus FAQ

Does Colorado have sports betting?

Yes. Colorado has had legal online sports betting since 2021.

What sportsbooks are legal in Colorado?

There are over a dozen sportsbooks available in Colorado, including Bet365, FanDuel, and DraftKings Sportsbook.

You can check out our full list of Colorado Sportsbooks for more information on which sportsbooks are available.

Do sportsbooks in Colorado have new user promos?

Yes. Just about every sportsbook in Colorado has a new user promo for players to take advantage of once they sign up.

What is the best Colorado sportsbook promo?

We think Fanatics Sportsbook has the best new user promo in Colorado. The long term value makes it really stick out as a great way to get familiar with your new betting site.

Ben Smith

Contributor

Ben has been an avid sports bettor for years and loves to offer his insights to our readers. As the Project Leader for this site, he had a huge role in shaping the content you'll find here. Now a Contributor, his years of betting experience ensure what you read is relevant to the needs of every bettor.