Best Colorado Sportsbook Promos and Codes for 2023 – Claim Up to $8,860

If you’re looking for the top sportsbooks in Colorado, you’re in luck. The legwork is done, and we’ve compiled a thorough list of Colorado sportsbook promos, so you don’t have to. We will also discuss the terms and restrictions of promotional deals, how to redeem a sportsbook bonus, and more.

Colorado Sportsbook Promos September 2023 & Promo Codes

Before going into further detail, let’s compare the current welcome bonuses at the best Colorado sportsbooks.

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Reviews of the Best Colorado Sportsbook Promos

After giving you a brief summary of the best Colorado sportsbook promotions, we will now go into more detail about each sportsbook and its unique bonus offers.

1. BetMGM – Earn Up to $1,000 in Bonus Bets on Your First Wager / Trusted Gambling Brand

Our BetMGM Bonuses Verdict – 9/10

The MGM brand is synonymous with casino gambling, but Colorado only allows social casinos, so sports wagering at BetMGM will have to do. Since BetMGM offers a large welcome bonus to get you going, deciding if it’s right for you is simple. If you lose your initial wager of up to $1,000, bonus bets will match your losses.

This is one of the most sizable Colorado sportsbook promos available and entails a low initial outlay to test the sportsbook. However, BetMGM boasts one of the most robust loyalty programs in the business, so the perks don’t end there.

There are numerous more benefits to using BetMGM for your betting requirements. One of these is the chance to gain from continuing promotions. These incentives include reload bonuses, bet enhancements, bonus bets, parlay insurance offers, and more.

How To Claim the BetMGM Colorado Welcome Bonus

A step-by-step tutorial for claiming BetMGM Colorado sports betting promotions may be helpful. Please refer to the instructions below.

1. Use any of the links in this review to access the BetMGM home page.
2. If prompted, choose your state, type in your email address, then create your login information (username/password).
3. Provide the last four digits of your Social Security number and your name, phone number, address, and date of birth.
4. Make a $10 minimum deposit and a $1,000 maximum qualifying wager; BetMGM will match the amount in bet credits if the wager loses.
5. The bonus bets must be used within seven days after being issued, and you must wager with the credits rather than withdrawing them.

BetMGM Colorado Sports Bonuses:

2. FanDuel – No-Sweat First Bet Up to $1,000 / Betting and DFS With Regular Promos

Our FanDuel Bonuses Verdict – 9/10

FanDuel Colorado Sportsbook promos for new users are among the best in the business. The sportsbook is worth trying, with a maximum of $1,000 in bonus credits based on your initial wager.

Bettors will benefit from a continuing loyalty program offering, so the perks don’t end with sign-up. Also, there are recurring benefits like bet increases, parlay insurance deals, etc. Additionally, FanDuel offers a unique bet type that enables you to wager on fantasy points using its DFS scoring system.

Another significant advantage of FanDuel is combining DFS and sports betting on one platform. You can use FanDuel reward points for all of your different activities. In this manner, based on your play, you accumulate points and advance in loyalty rank.

How To Claim the FanDuel Colorado Welcome Bonus

We will detail how to obtain the FanDuel Colorado sportsbook bonus below.

1. Use any of the links in this article to get to the FanDuel registration page.
2. Select your state (if prompted) before entering your email address, username, and password.
3. Provide information such as your name, address, birth date, and the last four digits of your Social Security number.
4. Make a $10 minimum deposit and a $1,000 maximum wager. If the wager fails, FanDuel will equal the amount in bonus bets.
5. The bonus credits must be used within 14 days of being issued and played through 1x.

FanDuel Colorado Sports Bonuses:

3. BetRivers – Second Chance Bet Up to $500 / Exciting BetRivers Squares Offers

Our BetRivers Bonuses Verdict – 8/10

BetRivers is a key player in the US sports betting industry. In our review of all of the best Colorado sportsbook promos, we have found that BetRivers holds its own in terms of its welcome offer and ongoing benefits.

For one, BetRivers offers one of the better Colorado sportsbook promo codes for new sign-ups. You will receive up to $500 in bonus bets based on the results of your first wager. If your first bet loses, BetRivers will match it in bet credits up to $500.

Yet, the promotions don’t end there, as BetRivers is known for its ongoing benefits. You can win up to $10,000 on BetRivers’ “Squares” promotions, and there are many other perks to being with BetRivers. These include frequent sport-specific match bonus bets, parlay insurance offers, bet credits, and the iRush rewards program.

How To Claim the BetRivers Colorado Welcome Bonus

Let’s walk you through the process of obtaining the BetRivers Colorado welcome bonus step by step.

1. All of the links we’ve provided here will take you to the BetRivers welcome page.
2. If necessary, select your state, then provide your email address, username, and password.
3. Name, address, phone number, date of birth, and the last four digits of your Social Security number must be provided.
4. Use the SPORTS BetRivers coupon code when making a deposit. Make a maximum $500 bet. If the wager loses, BetRivers will equal the amount.
5. The bonus credits must be used at BetRivers within 30 days of being issued and cannot be withdrawn.

BetRivers Colorado Sports Bonuses:

4. DraftKings – Deposit Bonus Up to $1000 / Generous Tiered Loyalty Program

Our DraftKings Bonuses Verdict – 8/10

No list of the top Colorado sportsbook promotions would be complete without mentioning DraftKings. This top betting and daily fantasy sports operator is about as generous as they come, offering new clients up to $1,000 in bonuses for making a qualifying initial payment.

A sizeable investment is required in order to qualify for DraftKings’ top welcome bonus. But, if you intend to deposit a large sum of money and play through it rapidly, this incentive can be a fantastic choice for you.

There is much more to appreciate regarding benefits, especially in terms of the the DraftKings loyalty program. The industry’s most generous loyalty rewards program is Dynasty Rewards. The continuing promos, advantages, and extras that DraftKings provides get better as your rewards status level rises.

How To Claim the DraftKings Colorado Welcome Bonus

Let’s delve into the specifics of how new clients can enjoy DraftKings Colorado sportsbook bonuses.

1. Use a link in this article to access the DraftKings login page.
2. If prompted, choose your state, input your email address, and select your username and password.
3. Provide your name, phone number, address, date of birth, and the last four digits of your Social Security number.
4. Deposit at least $5. Get a 20% match deposit incentive of up to $1,000 by making a deposit of up to $5,000.
5. The bonus funds must be used within 90 days, with a 25x playthrough requirement.

DraftKings Colorado Sports Bonuses:

5. Caesars – Up to $1,250 Back on Your First Bet / Use Rewards at Caesars Properties

Our Caesars Bonuses Verdict – 8/10

Caesars must be in the running for the finest Colorado sports betting promo, thanks to its huge $1,250 maximum welcome bonus. Nevertheless, the bonus depends on how much you bet on your first game. In addition, you must lose the wager in order to get the bonus.

Yet, this is the biggest bonus that the business is now offering. Moreover, Caesars is renowned for its excellent rewards program. You can utilize the rewards you earn at Caesars at a variety of its physical venues as well as online at the sportsbook.

At Caesars, you may take advantage of a number of ongoing promotions. They include bet boosters, parlay insurance, bonus bets, and other wagering incentives. Not to mention Caesars’ live streaming selection, which offers a few NFL games, in contrast to many rivals.

How To Claim the Caesars Colorado Welcome Bonus

It’s easy to claim the Caesars welcome bonus, and we’ll walk you through it step by step below.

1. Use any of the links here to access the Caesars welcome page.
2. Enter your login information, like your email address, username, and password.
3. Input your name, address, phone number, date of birth, and the last four digits of your Social Security number.
4. Deposit at least $10 and wager up to $1,250. Caesars will equal the amount with bonus credits if the wager loses.
5. The bonus credits must be used within 14 days of receiving them, and bonus bets can only be used at Caesars and not withdrawn.

Caesars Colorado Sports Bonuses:

6. Betfred – Up to $1,111 Back on Losses / Frequent and Generous Betfred Boosts

Our Betfred Bonuses Verdict – 7/10

Betfred is a long-standing and respected UK sportsbook that is new to the US market yet making major waves in the Colorado gambling waters. Known for its frequent “Betfred Boosts,” you’ll get some nice opportunities to tip the odds in your favor when betting with Betfred.

Plus, it all starts with an interesting welcome incentive. With this Betfred Colorado sports betting promo, Betfred will match your losses up to $1,111 in your first five weeks with the sportsbook. This gives you a nice opportunity to try your hand at betting for a while with some cushion to keep you going.

You can also expect other benefits, such as a user-friendly interface and a competitive range of sports and bet types. For those Broncos and Rockies fans, Betfred is also an official sports betting partner.

How To Claim the Betfred Colorado Welcome Bonus

It’s easy to claim the Betfred welcome bonus, and we’ll walk you through it step by step below.

1. Use any of the links in this article to access the welcome page.
2. Enter your login info (email address, username, and password) after choosing your state if prompted.
3. Your name, address, phone number, date of birth, and the last four digits of your Social Security number must be entered.
4. Make a wager of at least $50 and earn $111. Get back 50% of losses up to $200 for your first five weeks.
5. Bonus credits are earned each week based on losses and must be used within seven days of receiving them.

Betfred Colorado Sports Bonuses:

7. Barstool – First Bet Refund Up to $1,000 / Follow Along With Barstool Celebs

Our Barstool Bonuses Verdict – 7/10

Without considering Barstool Sportsbook, no review of the greatest Colorado sportsbook promos would be complete. With its powerful online sports betting platform, the well-known sports media brand has quickly overtaken the American sports betting industry.

Barstool should be a well-known brand, especially among younger and tech-savvy sports fans. The sportsbook will immediately appeal to those who like following Barstool Sports media celebrities. Barstool superstars provide choices, forecasts, and the chance for fans to follow along as they sweat the action, enhancing the sense of camaraderie in sports betting.

This trendy sportsbook rewards regular customers with recurring bonuses and a substantial welcome bonus of up to $1,000 if your first wager is unsuccessful. Frequent parlay insurance offers and exclusive tiered Barstool Parlay+ promotion chances are among the perks.

How To Claim the Barstool Colorado Welcome Bonus

This section will cover exactly how to get the best Colorado sportsbook promo Barstool offers.

1. Use one of the URLs provided here to access the Barstool welcome page.
2. If prompted, select your state before entering your login information, including your email address, username, and password.
3. Your name, phone number, address, date of birth, and the last four digits of your Social Security number should be provided.
4. Make a first deposit and a $1,000 maximum qualifying wager. If the wager is unsuccessful, Barstool will match the amount in bet credits.
5. The bonus credits must be utilized within seven days of issuance and cannot be withdrawn.

Barstool Colorado Sports Bonuses:

8. PointsBet – PointsBet Second Chance Bonus of Up to $500 / Unique and Fun Bet Type

Our PointsBet Bonuses Verdict – 6/10

Without a review of PointsBet Colorado sports betting promotions, no list of the top sportsbook offers in CO would be complete. PointsBet, one of the best sportsbooks in the state, has a lot to offer. The substantial welcome bonus of up to $1,000 back on your first wager sets the whole thing off.

The promotion is straightforward: place up to $100 in qualifying bets on your first ten consecutive days after registering. If any of your bets are losers, you will receive matching bonus bet credits up to a total of $1,000. Yet, PointsBet provides many other ongoing advantages that will excite CO sports betting fans.

While participating in PointsBet’s “Power Hour” promotions, bonus bets are only accessible during specific time periods. Together with hefty rewards programs and same-game parlay promos, these add to a nice selection of perks at PointsBet. You can even increase the stakes on your potential earnings on wagers with the proprietary “Points Betting” wager type.

How To Claim the PointsBet Colorado Welcome Bonus

Our instructions below will show you how to benefit from the PointsBet Colorado sportsbook offers for new bettors.

1. Use one of the links in this review to access the PointsBet registration page.
2. Establish your login information, including your username and password, and use the promotional code WELCOME to get your bonus.
3. Your name, address, phone number, birth date, and the last four digits of your Social Security number are needed for registration.
4. Wager up to $100 over ten days after enrolling. If any of the wagers are unsuccessful, PointsBet will equal the amount up to a maximum of $1,000.
5. The bonus credits must be used within seven days of receiving them and cannot be withdrawn.

PointsBet Colorado Sports Bonuses:

9. Tipico – Welcome Bonus of Up to $500 / Request-a-Bet Feature

Our Tipico Bonuses Verdict – 6/10

Tipico is a well-known sportsbook overseas that is making a name for itself stateside. With strong Colorado sportsbook promos for new and existing users, Tipico has much to offer to CO betting enthusiasts.

You will enjoy welcome promotions, of which there are multiple choices. Either select up to $500 in bonus bets or $150 as a new sign-up. But the fun doesn’t stop there.

Tipico offers one of the best live betting suites in the industry and makes its own odds which are often unique compared to the competition. Not to mention the request-a-bet feature, which is specific to Tipico.

How To Claim the Tipico Colorado Welcome Bonus

In the segment below, we’ll learn how to take advantage of the Tipico Colorado welcome offer.

1. Use one of the links in this review to access the Tipico registration page. Select your welcome offer.
2. Type in your email address and establish your login information, including your username and password.
3. Your name, address, phone number, birth date, and the last four digits of your Social Security number are needed for registration.
4. Fulfill the requirements stated in the terms and conditions for your chosen offer.
5. Use your bets within seven days of issuance before they expire.

Tipico ColoradoSports Bonuses:

10. Betsafe – Bonus Bet Up to $500 / Frequent Enhanced Odds

Our Betsafe Bonuses Verdict – 6/10

A significant player in the US sports betting market, though only available in limited states, is Betsafe. Our analysis of the top CO sportsbook promos revealed that Betsafe competes favorably regarding its welcome bonus and recurring perks.

No Colorado sportsbook promo codes are necessary to claim the Betsafe offer for new sign-ups. Betsafe will match up to $500 in bet credits if your initial wager is unsuccessful.

The incentives, however, don’t stop there because Betsafe is renowned for its continual advantages. There are various benefits to playing at Betsafe, including odds boosts and bet customizations.

How To Claim the Betsafe Colorado Welcome Bonus

Let’s take you step-by-step through the procedure for getting the Betsafe Colorado welcome bonus.

1. You can access the Betsafe welcome page by clicking any of the links we’ve provided here.
2. Enter your email address, user name, and password.
3. Supply your name, address, phone number, birth date, and the last four digits of your Social Security number.
4. Place a wager of up to $500. If the bet is unsuccessful, Betsafe will match it.
5. The bonus credits cannot be withdrawn and must be spent at Betsafe within 30 days of being provided.

Betsafe Colorado Sports Bonuses:

11. Betway – $250 Back in Bonus Bets if Your First Bet Loses / Excellent Statistical Analysis Hub

Our Betway Bonuses Verdict – 6/10

Without considering Betway, no top Colorado sportsbook promos review would be complete. Even though the welcome bonus could be a little bit more, Betway still has a lot of continuous benefits to offer.

One reason is that it has one of the best statistical analytic hubs in the business, which helps gamblers make wise wagers. There are also a few ongoing promos that are worth mentioning explicitly.

For example, free throws in a basketball game or whether an NHL wager loses in overtime are bonus bet promotions specific to sporting event outcomes. Early cash-out and same-game parlays are both available, and bonus credits are occasionally given based on parlay play.

How To Claim the Betway Colorado Welcome Bonus

The specific steps for claiming the Betway Colorado welcome bonus are outlined here.

1. Use any of these links to access the Betway welcome page.
2. Select your state, provide your email address, and establish your login information.
3. Enter your name, phone number, address, date of birth, and the last four digits of your Social Security number.
4. Make a deposit and bet up to $250. If unsuccessful, Betway will equal the amount in bonus bets.
5. The bonus credits must be used within seven days of being issued, and the bonus bets must be used on the sportsbook.

Betway Colorado Sports Bonuses:

12. SuperBook – $250 Back in Bonus Bets / Special SuperBook Events

Our SuperBook Bonuses Verdict – 5/10

SuperBook is a well-known name among Las Vegas gamblers as one of the top operators in the city for many years. With its online sportsbook offering, a long history of experience in oddsmaking is paying dividends for this upstart Colorado sportsbook.

You’ll enjoy a strong welcome bonus that does not require a losing bet. SuperBook will match your first wager up to $250, win or lose.

Plus, SuperBook offers exciting ongoing live events in the state of Colorado. This is in addition to excellent frequent odds boost opportunities.

How To Claim the SuperBook Colorado Welcome Bonus

The specific steps for claiming the SuperBook Colorado welcome bonus are outlined here.

1. Use any of these links to go to the SuperBook welcome page.
2. Provide your email address and establish your login information.
3. Input your name, phone number, address, date of birth, and the last four digits of your Social Security number.
4. Make an initial deposit and bet up to $250. SuperBook will equal the amount in bonus bets.
5. The bonus credits must be used within thirty days of being issued, and the bonus bets can’t be withdrawn.

SuperBook Colorado Sports Bonuses:

13. bet365 – Bet $1, Get $200 Back / Robust Live Betting Options

Our bet365 Bonuses Verdict – 4/10

While bet365 does not offer one of the largest Colorado sportsbook promos for new sign-ups, there are many reasons to join this popular sportsbook. Yes, the welcome bonus could be a little bit more, but bet365 still has a lot of continuous benefits to provide.

One reason is that it has a plethora of ongoing promotions, among the most we’ve seen, and they are prominently displayed. These include bet boosts, including many excellent tennis and baseball-specific opportunities.

You’ll also enjoy the live betting possibilities and a strong live bet tracker. It is well worth giving bet365 a try with the $200 welcome bonus to see what Colorado sports bettors have been raving about.

How To Claim the bet365 Colorado Welcome Bonus

Below, we will outline exactly how to obtain bet365 Sportsbook promos in Colorado.

1. Use any of these links to access the bet365 welcome page.
2. Provide your email address and establish your login information.
3. Enter your name, phone number, address, date of birth, and the last four digits of your Social Security number.
4. Make a $1 bet to get $200 in bonus wagers.
5. You must wager the bonus bets; they can’t be withdrawn.

bet365 Colorado Sports Bonuses:

14. SI Sportsbook – Bet $20, Win $200 in Bonus Bets / Strong Bet Tracking Feature

Our SI Sportsbook Bonuses Verdict – 4/10

SI Sportsbook could offer a more robust welcome bonus as only $200 is available, yet claiming it only takes a $20 bet. Still, other reasons exist to sign up for SI Sportsbook beyond claiming these bonus bets.

For one, you won’t find a much better live betting tracker than that of SI Sportsbook. It is super easy to keep track of your bets for events you cannot watch.

Plus, you’ll get frequent bonus bets for ongoing users and bet boosts. These include sport-specific opportunities that you can easily track via your account’s promotions section.

How To Claim the SI Sportsbook Colorado Welcome Bonus

The specific steps for claiming the SI Sportsbook Colorado welcome bonus are outlined here.

1. Use any of these links to access the SI Sportsbook welcome page.
2. Provide your email address and enter your login information.
3. Input your name, phone number, address, date of birth, and the last four digits of your Social Security number.
4. Deposit, use your promo code SI1200, and bet $20. If the wager wins, earn $200 in bonus bets.
5. The bonus credits must be used within seven days of being issued, and the bonus bets must be placed on the sportsbook.

SI Sportsbook Colorado Bonuses:

15. SBK – Get $100 in Bonus Bets for a $25 First Wager / Price+ Odds Comparisons

Our SBK Bonuses Verdict – 4/10

When it comes to Colorado sportsbook promotions, SBK is a distinctive sportsbook. SBK lags well behind the rest of the field regarding promotions per se. But, we will review some significant long-term advantages of betting with SBK.

In discussing promotions, the welcome bonus is not as significant as some of the rivals. Moreover, there are currently no additional offers 0f note available for regular customers.

Yet it’s the odds that SBK gives which can be more advantageous to the serious bettor. According to SBK, it constantly provides better odds than the competition, which over time, will yield a higher return on investment (ROI) than the majority of promotions and bonuses. This is supported by the fact that SBK is open about presenting its Price+ odds comparison option, so you may check whether another sportsbook has better odds.

How To Claim the SBK Colorado Welcome Bonus

We will detail how to obtain the SBK Colorado welcome bonus in detail.

1. Use any of these links to access the SBK registration page.
2. Select your state; provide your email address; and enter your login information, including your username and password.
3. Add information like your name, address, date of birth, and the last four digits of your Social Security number.
4. Make a wager of up to $25 with a deposit of at least $10. SBK will credit you $100 in total bet credits.
5. You will receive your bonus in installments. Bet credits expire after 14 days.

SBK Colorado Sports Bonuses:

16. WynnBET – Earn $100 Bet Credit For a $100 Wager / Live Betting and Parlay Bonus Promos

Our WynnBET Bonuses Verdict – 4/10

Our review of CO sports betting promotions shows that some sportsbooks provide introductory bonuses with higher maximums than WynnBET. Still, other factors exist, such as playthrough requirements, the time period given for using bonus bets, and whether or not a lost bet is necessary to qualify. You receive a 100% match bonus on your first $100 wager with the WynnBET sign-up bonus, win or lose.

Additionally, there are additional ongoing advantages to betting with WynnBET. Often occurring live betting promos, multi-sport parlay bonuses, and exclusive build-your-own-bet bonuses are included in this. Competing sportsbooks might provide a higher welcome bonus, but WynnBET still has much to offer regular consumers.

Also, you may anticipate one of the top parlay-building functions in the market, together with a superb range of sports and bet types. Everything from a reputable veteran with a solid record for dependability in the gambling and hotel industries.

How To Claim the WynnBET Colorado Welcome Bonus

Five easy actions will be provided to help you claim the WynnBET Colorado welcome bonus.

1. Use one of the links provided above to access the WynnBET registration page.
2. When prompted, select your state, enter your email address, and create your login information.
3. Enter the last four digits of your Social Security number, your name, phone number, address, and birth date.
4. Make a wager of $100 or more with a deposit of at least $100. Win or lose, WynnBET will match the amount.
5. The bonus credits must be used within 10 days and can only be withdrawn after being bet.

WynnBET Colorado Sports Bonuses:

17. PlayUp – Earn $100 Bet Credit / Great Bet Builder Functionality

Our PlayUp Bonuses Verdict – 3/10

The bottom line is that PlayUp does not offer the strongest welcome bonus you will find in Colorado sports betting. It is, however, an exciting upstart sportsbook in the state.

To begin with, you can receive $100 in bonus bets to try out the sportsbook. Then you will be able to obtain daily specials, which we found to be fairly solid compared to the competition.

You’ll have a nice selection of sports to bet on, and the user interface is quite sleek. We really enjoy the appearance of both the app and website.

How To Claim the PlayUp Colorado Welcome Bonus

Five easy actions will be provided to help you claim the PlayUp Colorado welcome bonus.

1. Use one of the links provided here to access the PlayUp registration page.
2. Enter your email address and create your login information, including your username and password.
3. Input the last four digits of your Social Security number and your name, phone number, address, and birth date.
4. Make a qualifying deposit and wager to earn $100 in bonus bets.
5. The bonus credits must be bet and cannot be withdrawn.

PlayUp Colorado Sports Bonuses:

Why Use Colorado Sportsbook Promo Codes?

You can get bonus bets with top sportsbooks using sportsbook promo codes, like the Colorado sportsbook promo codes we’ve covered in this study. These are provided in an effort to draw new customers away from the competition. Using these promotional deals makes sense if you want to place lower-risk bets and test out different sportsbooks using less money.

When Can You Use Promo Codes?

Often, you’ll utilize a promo code while opening an account with a sportsbook. Do this when you make a deposit or during the registration procedure, depending on when prompted. You will see a section to fill out on the sportsbook throughout the signup or deposit process, allowing you to enter legitimate promo codes, such as those we supplied here.

Can You Claim Multiple Sportsbook Bonuses/Promos?

Certainly, you are welcome to register with as many sportsbooks as you like and benefit from all the Colorado sportsbook incentives we’ve discussed. You can also use additional promotional deals that sportsbooks extend to loyal consumers.

How to Claim a Colorado Sportsbook Bonus

In this section, we’ll take you step by step through the straightforward procedure of claiming a Colorado sportsbook bonus.

• Open an account at one of the Colorado sportsbooks that we’ve suggested. With the links supplied, go to the sportsbook’s welcome page.
• Select a username and password and provide your email address. Input a promo code if applicable.
• Add your name, phone number, address, date of birth, and the last four digits of your SSN. Check your email for verification.
• Log in and make a qualifying deposit. At the time of the deposit, you might occasionally need to submit a promo code to collect your bonus.
• Usually, your welcome bonus will be awarded based on your initial wager rather than your deposit. Make sure to place a minimum qualifying wager.

Types of Colorado Sports Bonuses Available

Here, we’ll examine several Colorado sportsbook specials that may typically be offered. We will give a general overview first and then go into more detail.

Deposit Match Bonus

A sportsbook will match or partially match your initial deposit in bonus bets when you take advantage of a deposit bonus promotion. There will be playthrough requirements before the bonus money is released.

Second Chance Bets

The most typical bonus offered by regulated American sportsbooks is second-chance wagers. In this case, extra bets are given to you according to the size of your first stake, but only if it is unsuccessful. They are frequently offered as 100% bet match offers, and the highest bonus will be capped.

No Sweat First Bet / First Bet Insurance / Refunds

These deals are equivalent to second-chance wagers. The sportsbook will credit you with bonus bets if your original qualifying wager is unsuccessful. These are often provided as 100% match bonuses with a cap on the total bonus amount.

Reload Bonuses

Reload bonuses aren’t usually heavily promoted, especially for new sign-ups. As a regular sportsbook user, the sportsbook could occasionally give you the chance to get back some bet credits for a deposit you made after your original payment. They resemble first-deposit bonuses but are applied to subsequent deposits.

Game/Event-Specific Bonuses

Sportsbooks frequently provide bonuses in association with specific games or athletic events. For instance, Stanley Cup or NBA Finals-specific same-game parlay insurance deals. They usually take the form of bonus bets, parlay insurance, or bet boosts that are exclusive to the sports or events mentioned in the offer.

Site Credits

Sportsbooks occasionally offer bonus bets to current customers if they meet certain requirements. An illustration would be if you bet a given amount on a same-game parlay and get a specific number of bet credits in return. This might also depend on how the associated wager turns out.

Parlay Insurance

On certain parlays with a specific number of legs, parlay insurance promotions are available. Often, a minimum of four or more choices will be requested. The sportsbook will recover some or all of your bet if the parlay loses by one leg, as opposed to you losing your entire investment as would otherwise happen.

Odds Boosts / Parlay Boosts

Odds and parlay enhancements require getting greater odds than usual on specific bet choices. This allows you to place the same wager that you would have otherwise but with a greater likelihood of success or a greater payoff. As a result, your chances of beating the house on these bets will be increased.

Reduced Juice Bets

A reduced-juice wager is quite similar to an odds enhancement. Less vigorish is referred to as “reduced juice,” which means that the house deducts less from the top in accordance with the odds. As a result, you are getting better odds, increasing your chances of making money on these bets.

Referral Bonuses

Numerous reputable sportsbooks will reward referrals. Usually, you’ll get a code or link for referring friends and family. The sportsbook will typically provide you with bonus bets or other benefits for each customer who signs up due to your suggestion and fulfills deposit and/or wager conditions.

Loyalty Rewards

Participating in loyalty reward programs entitles customers to various advantages, like gifts, reward points that can be used on the sportsbook, and more. Depending on how much you wager at the sportsbook, there will frequently be tiers of prizes. This means that the benefits you could get could increase the more business you do with one sportsbook.

Prize Drawings

Leading Colorado sportsbooks will sometimes offer prize drawings for loyal customers. Be sure to watch the promotions available at your sportsbooks of choice.

Colorado Sportsbook Promos Terms and Conditions

While claiming any of the top Colorado sportsbook promotions, it’s critical to comprehend the terms and restrictions. This section will discuss the various conditions of typical sportsbook promos.

Number of Deposits

In most instances, you can only use your first deposit to get a deposit bonus. Reload bonuses may be provided later, but these are different deals. Deposit incentives are often only good for your initial deposit and may require deposits exceeding a particular amount.

Promo Codes

You might occasionally need to submit a promo code to get your bonus. This will need to happen either during the registration process or in conjunction with your initial deposit. In many circumstances, you won’t need to use a promo code; if you do, the sportsbook will make this apparent.

How To Meet Wager Requirements

Most welcome bonuses US sportsbooks offer occur in connection with a required initial wager. The minimum bet required to receive your bonus will be specified by the sportsbook. You will also be aware of the maximum possible bonus based on the amount of your original wager.

Minimum/Maximum Deposit

If a bonus offer is a deposit bonus, it will be clear whether a minimum amount is required and how much it must be. There will be restrictions on the maximum deposit bonus that can be obtained.

Eligible Sports/Bets

Depending on your initial wager, there can be conditions for which bets qualify to receive a welcome bonus. All sports will generally be eligible, however, there can be minimum odds for a qualified wager that are specified in the terms and conditions.

Expiration Date

Bonus offers from sportsbooks frequently have a deadline. This will be specified in the terms and conditions, so taking advantage of any deal you want to receive before it expires is crucial.

Age Limit and Geolocation

Naturally, there is a minimum age requirement to wager legally at US sportsbooks, and you also need to be geolocated in a region where sports betting is permitted. As a result, if you are underage or not in a jurisdiction where it is allowed for you to do so, you will not be able to benefit from promotions.

Payment Method Restrictions

There are typically no payment method limits at reputable US sportsbooks when using bonuses. This should be sufficient to qualify for any offers as long as you are depositing US dollars in an accepted way; otherwise, it would be specified in the terms and conditions.

Features of a Good Colorado Sportsbook Offer

Knowing what to look for while trying to redeem Colorado sportsbook promotions is crucial. Here are some essential characteristics that set one sportsbook deal apart from another.

• Substantial maximum bonus
• Low playthrough standards for bonuses
• Lengthy window of time to use bet credits
• Bonus doesn’t need a failing bet
• The bonus is paid quickly
• Reasonable standards for odds on eligible wagers
• Low deposit needs to qualify for the incentive

Mistakes To Avoid When Claiming a Bonus

We’ve discussed what to look for in Colorado sports betting promos, but let’s also look at what you should avoid.

• If you can’t complete the gameplay criteria before claiming a bonus, don’t.
• Check to see if you can utilize your bonus credits during the allocated time window.
• Consider what kind of wager will best serve your objectives if the bonus involves a losing wager.
• Verify that the bonus will be paid out in a respectable amount of time.
• Make sure the odds requirements for qualifying bets are appropriate by checking them.
• Avoid bonuses that require large minimum deposits by only making deposits that you can afford.
• Recognize that even with the bonus, there is still a chance you could lose the money you have wagered.
• Make sure the bonus you wish to claim is in the correct state when you look at it.

Types of Payment Methods

Let’s examine the typical payment channels accessible to make a deposit and take advantage of Colorado sportsbook promotions.

• Bank Cards: Debit and credit cards are typically accepted for deposits at online sportsbooks.
• Wire Transfer: Wire transfers are a deposit option at some sportsbooks.
• E-Wallets: With online sportsbooks, popular and simple deposit options include PayPal and Skrill.
• Prepaid Cards: Prepaid cards are frequently accepted for deposits at sportsbooks.
• Casino Cage Cashier: Online sportsbooks have actual locations in some jurisdictions where you can deposit money.
• Online Banking: You can also make deposits directly from your bank account.

What More Colorado Sportsbook Bonuses Are Coming in 2023?

Leading sportsbooks frequently change their welcome bonuses, and we’ll keep you informed of any new Colorado sportsbook promos as they happen.

Any sportsbook will typically also have continuous promotions that change throughout the year. To take advantage of any offers, check back with us frequently and stay current on the promotions page of any sportsbook you use.

Are There Taxes on Bonuses?

In the US, sports gambling is taxed. Taxes will be due on net wins for the year exceeding a certain threshold. If you are a net winner for the year and you earn money using bonus bets that you received as part of a bonus, your gains will be considered like any other sports betting profit and will be subject to taxes.

Benefits of Choosing the Best Sportsbook Promos in Colorado

Taking advantage of all the best Colorado sportsbook promos is a strong idea. Sports betting is a game of tight margins, and obtaining house money to bet with is a huge advantage. If you choose to bet, you might as well do it with as many bonus funds as possible.

The Best Colorado Sportsbook Promo For September: DraftKings

At the end of the day, a couple of our top picks compete for the title of offering the greatest CO sportsbook promos. DraftKings, though, comes out on top of the rankings.

The bonus amount is comparable to other leading bonuses in size, and the conditions for obtaining it are fair. You don’t need to lose your bet to get this deposit bonus like you do with many second chance-bet offers. Plus, as a current customer of DraftKings, you can anticipate receiving numerous continuous promotions.

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