Colorado has officially entered the legal sports betting sphere, overseeing the launch of several renowned online sportsbooks despite having to deal with a global pandemic. And while the competition for the sports betting dollar within Colorado is fierce, a handful of sportsbooks have risen above the pack with a strong combination of generous deposit offers and wide varieties of betting options.

Here’s a look at the best sportsbooks in Colorado:

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Check out the best legal Colorado online sportsbook offers here

FanDuel

FanDuel Sportsbook Colorado welcomes new sports bettors with a terrific offer: Make an initial deposit, and you will be awarded a free bet for up to $500. Once the deposit is approved, players can make their first bet. If they lose, FanDuel will reimburse the amount of the wager in betting credit. If they’re successful, they’re credited with the winnings.

There is no promo or referral code required for this bonus – simply sign up, deposit, and you’re automatically awarded a free first bet for up to $500. But you have to deposit at least $10 no later than seven days from the moment you sign up to be eligible for the free first bet offer. It isn’t the most generous deposit bonus available to Colorado bettors, but it measures up rather well to the competition.

FanDuel Sportsbook feels like it’s been around for years – and that’s the ultimate compliment for a sports betting app still very much in its infancy. With a knockout interface, plenty of deposit and withdrawal options, a strong initial deposit offer and new promotions coming out regularly, Colorado bettors would be hard-pressed to find a better sportsbook to trust with their money.

 FoxBet

FOX Bet Colorado isn’t messing around when it comes to welcoming new players to the app, offering up to $1,000 in deposit bonuses. Customers will receive a 50% deposit bonus (up to $500 on a $1,000 initial deposit). Users can also place a first bet with their deposited funds risk-free. A free bet of the same amount will be awarded up to $500 upon settlement of the wager.

A full deposit match would have been even better, but you can’t go wrong with a bonus that only requires you to play through 1x (meaning that, once you’ve wagered the amount of your deposit, it’s yours). This is one of the most generous deposit offers in the industry, and should draw plenty of new users for the foreseeable future.

There’s nothing overly flashy with FOX Bet Sportsbook – and that might actually work in its favor. It’s straightforward, both in appearance and function, and rewards sports bettors with one of the widest variety of creative bet types in the U.S. market. FOX Bet is a hit – so don’t hesitate to check it out if you’re within the Colorado borders.

BetMGM

New BetMGM members will receive a Deposit match up to $500.

BetMGM Sportsbook offers quite a user-friendly bonus. After players sign up, they’re instructed to make their initial deposit. BetMGM then offers the player a free deposit match in the amount they’ve deposited all the way to $500. To claim the bonus, you’ll need to create an account at BetMGM and make your first deposit.

The deposit bonus is a 100% match up to $500, so even if you don’t have $500 to spare, you can still get in on the action. It’s a standard offer, but one that should attract plenty of attention.

It might not be the uncontested No. 1 sports betting app in Colorado, but anyone just getting into the pastime would be hard-pressed to find a better place to get started. From a super-friendly first deposit risk-free bet to generous promotions geared toward handing out free bet credits to newcomers, BetMGM is a great sports betting app for the uninitiated, and a solid offering overall.

DraftKings

DraftKings Sportsbook CO isn’t messing around when it comes to giving sports bettors an offer they can’t refuse. It’s putting its best foot forward by offering up to $1,000 in deposit bonuses (deposit of up to $500 plus risk-free bet up to $500). The bonus requires a 25x play-through.

This bonus is many things to many people – and it’s one of the best in the industry, particularly if you’re planning on making a big initial deposit. Those of you in Colorado who are looking to make an immediate deposit splash won’t do much better than this.

DraftKings Colorado isn’t perfect, but it’s pretty darned close – and as the competition heats up for sports betting dollars, you can expect DK to continue to add features, promotions and other bells and whistles to keep Colorado sports bettors coming back.

 BetRivers

New BetRivers members will receive a deposit bonus up to $250. BetRivers awards depositors a bonus equal to 100 percent of their initial deposit, up to a maximum of $250. The bonus is awarded as a site credit once the conditions of the deposit have been met, which is again standard practice for most online sportsbooks.

But unlike the majority of offerings, where players are forced to wager five times the bonus or more before they can claim it, BetRivers requires that players wager only the amount equal to the bonus – so if your deposit is $50, you only need to wager $50 total to claim your deposit bonus of $50. Players have 30 days to claim the bonus, and only pre-game and live wagers with odds below -200 are eligible for the promotion. This is without a doubt one of the most easily accessible deposits in the industry – and one of BetRivers’ strongest draws for new players.

There are minor issues with the mobile interface and the vig on prop bets, but these shouldn’t dissuade Colorado bettors from giving BetRivers a try. The wide variety of bet types and props available, combined with a generous deposit bonus, make BetRivers well worth bettors’ time.

Check out the best legal Colorado online sportsbook offers here

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