Colorado Sports Betting Is Live — And So Is A Limited-Time DraftKings Promo

Posted on May 1, 2020

Colorado has become the 18th state with legal sports betting, going live today, May 1.

Though the state’s physical casinos — located in rural Cripple Creek, Black Hawk, and Central City — are closed until May 8 due to recent extended shutdown, bettors can take advantage of the state’s online sports betting and place their bets.

Despite launching during the looming COVID-19 pandemic, operators recently told PlayUSA how optimistic they are about Colorado’s future as a US betting power player.

There are four CO sports betting apps live today, including DraftKings. To mark the occasion, it has released a new promo boost through May 5 that might entice even the most die-hard Denver Broncos fans.

Read on for more Colorado sports betting info and how to take advantage of this limited offer.

Colorado sports betting basics

Colorado has an impressive and expansive list of brands on tap. Draftkings is expected to be a dominant force in the Colorado market once things begin to normalize around the country. But the company will also have to compete with other top-tier brands like FanDuel Sportsbook and William Hill.

As PlayColorado notes, patrons will have four CO sports betting apps to choose from on launch day. Other sportsbooks are expected to roll out mobile applications in due time.

  • FanDuel
  • DraftKings
  • BetMGM
  • BetRivers

Additionally, the state has approved 11 online operators which vary from operators like Rush Street Interactive to Fox Bet.

Approved sportsbooks:

  • theScore
  • PointsBet
  • Fox Bet
  • Circa Sports
  • Smarkets
  • Roar Digital
  • William Hill
  • Rush Street Interactive
  • Penn Sports Interactive
  • FanDuel Sportsbook
  • DraftKings Sportsbook

Not only will customers have access to traditional sports leagues (NFL, NHL, MLB, NBA), they will also be able to bet on in-state colleges like the University of Colorado and Colorado State. However, books are not authorized to offer individual collegiate prop bets.

DraftKings Sportsbook Colorado promo

For a limited time, DraftKings Sportsbook will be offering Colorado users +100 odds on the Denver Broncos to win over 6.5 games.

The Broncos went 7-9 last year finishing second in the AFC West with quarterback Drew Lock going 4-1 as a starter. Denver invested heavily in offensive weapons to help their young QB for the 2020 campaign, selecting top wide receiver Jerry Jeudy with the 15th overall pick and wideout KJ Hamler in the second round. Couple this group with emerging stars like tight end Noah Fant, wideout Courtland Sutton and newly acquired running back Melvin Gordon and +100 odds look very nice.

Denver Broncos CO Boost

  • Boost excludes: no parlays, free bets, cashout bets, void bets, live bets
  • Boost odds must be placed in the state of Colorado as individual bet slip
  • Max bet $50
  • One bet per user
  • Odds were -305, now +100

Bettors have until May 5 at 11:59 PM ET to place wagers.

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Mobile Colorado betting at a glance

A significant CO sports betting rule is the ability for customers to register for accounts remotely. With the pandemic sweeping the country and quarantine measures in place, remote registration is beneficial.

Another benefit to mobile registration is its ability to drawn in potential customers from neighboring states. Residents from Wyoming, Nebraska, and Utah only need to cross the Colorado border to be able to register for an account and place a wager. With geolocation, once a player exits the state, they will no longer be allowed to bet.

The current list of available sports to bet on may be limited. But major sports leagues are continuing to discuss ways some seasons can be salvaged (NBA, NHL) or begin on time (NFL).

Nicholaus Garcia Avatar
Written by
Nicholaus Garcia

Nick has had stints in Chicago, writing about local politics, and in Washington, D.C., covering the expanding gambling industry. Now back in Chicago, he continues to write about the emerging sports betting market with a focus on the Midwest. Originally from West Texas, he graduated from Texas Tech University and completed his master's degree in journalism at Columbia College Chicago.

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