Colorado Sportsbook Promos: $7,250 in Bonuses Jan. 2026

All Colorado sports betting promo codes

Lucrative sign-up bonuses and choices await Colorado sports bettors in 2026, with 14 legal sportsbooks and sports betting apps.

Snag the best Colorado sportsbook promos to boost your bankroll today:

Colorado sportsbook promos summary

1. Fanatics Sportsbook Colorado welcome offer

Up to $2,000 in FanCash

New customers only. Deposit min. $5. Choice of three offers. Daily bonus issued within 72 hours.

Claim $2,000

PointsBet Colorado users have been migrated to the Fanatics Sportsbook platform, and the early returns are promising. Fanatics boasts an impressive mobile app and is offering new customers a great welcome offer.

Everything you need to know about the enticing welcome offer is outlined here:

• No Fanatics Sportsbook promo code is required. 
  
  
• You must make a $10 initial deposit and place a $1 qualifying wager on any market with -500 odds or longer. 
  
  
• Fanatics Sportsbook matches your wager, up to $200 in FanCash, if it loses.
  
  
• This promotion is available for your first 10 days using the platform, allowing you to unlock up to $2,000 in no sweat FanCash bonuses.  
  
  
• The bonus bets are non-redeemable, and each expires at 11:59 p.m. on the day of issuance. This offer is available until June 1, 2026. Alternatively, new CO bettors can opt to claim a 'Bet $50, Get $250 FanCash' bonus instead. 

Read our Fanatics Sportsbook review to learn more about Fanatics Sportsbook Colorado. 

Fanatics Sportsbook iOS app

Fanatics Sportsbook promo pros and cons:

Receive up to $2,000 bonuses

Bet $1 to receive daily bonus

Clear and favorable terms and conditions

Bonus bets expire in 365 days

If you forget to make a wager, you lose your bonus for that day

Must wager for 10 straight days to maximize offer

2. BetMGM Colorado welcome offer

Bet $5, Get $150

Code: COVERSBONUS

 Claim $150

Rapidly gaining popularity and notoriety, BetMGM understands the influence sportsbook bonuses have on acquiring new customers. Its latest $150 in bonus bets offer appeals to the broadest possible demographic, allowing new bettors an automatic high return on their initial winning investment. Just be sure to input the BetMGM bonus code — COVERSBONUS — to nab this offer.

BetMGM’s active new player promotion has a comprehensive list of terms and conditions. Below are five of the most important:  

• You must deposit a minimum of $10.
  
  
• Make a minimum $5 initial wager on any sports betting market, and, if you win, you'll receive $150 in bonus bets when the wager settles. 
  
  
• All bonus bets will be credited to your account within 24 hours.
  
  
• You will receive six $25 bonus bets. Each bonus bet cannot be spread across multiple wagers and must be redeemed within seven days. 
  
  
• You will only receive the winnings, not the stake, on bets that utilize bonus bets. This offer expires on Feb. 9, 2026. 

BetMGM iOS app

BetMGM promo pros and cons:

Credit comes divided and can be used on multiple follow-up bets

Reasonable entry requirements

Bonus bets deposited within 24 hours of bet settling

Promotion not as lucrative as past BetMGM offers

Bonus bets must be used within seven days

Only winnings paid out on bets utilizing bonus bets

3. bet365 Colorado welcome offer

Bet $5, Get $200 Win or Lose

Code: CVSBONUS

 Claim $200

We typically prefer welcome bonuses that do not require customers to go into their own pockets. However, the $5 investment to secure $200 in guaranteed bonus bets earns top marks from us in Colorado. New bet365 sports bettors receive $200  in bonus bets with a $5 initial wager on any market. The best part? Losing bettors still get $200 in bonus bets. Here's what you need to know about this sports betting promotion: 

• Enter the exclusive bet365 bonus code 'CVSBONUS' during sign-up. You must register on the bet365 app to qualify. 
  
  
• Make a minimum deposit of at least $10 following your account creation.
  
  
• Place a $5 bet on any market within 30 days of registering your account. 
  
  
• Bonus expires seven days from issuance. This offer is valid until Feb. 9, 2026, at 6:59 a.m. ET.

We provide additional information about this operator in our bet365 review. 

bet365 iOS app

bet365 promo pros and cons:

Guaranteed $200 in bonus bets

Extremely low wagering requirement

Very friendly for new bettors

Still requires a $10 real-money deposit

Bet credits do not equate to winnings

Bets tied to events with odds of -500 or better

Latest CO betting news

4. DraftKings Colorado welcome offer

Bet $5, Win $300

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. Must register new DraftKings account to receive reward Token. Must select Token BEFORE placing min. $5 bet to get $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 removed from payout. Token expires 2/1/26. Terms: sportsbook.draftkings.com/promos. Terms, restrictions, and eligibility requirements apply. Offer ends 1/25/26 at 11:59 PM ET. Sponsored by DK.

Available in Colorado

Claim $300

DraftKings Sportsbook is offering new users an easy-to-claim bonus in the form of 'Bet $5, Win $300' welcome promo. Though no DraftKings promo code is required to claim this enticing offer, there are several terms and conditions to consider:

• This offer is for first-time users only. 
  
  
• Upon creating your account, you must make a minimum $5 deposit and wager to qualify for this sportsbook promo.
  
  
• Your initial wager can be placed on any available sports betting market.
  
  
• If you win, DraftKings will dish out $300 via 12 $25 bonus bets. 
  
  
• Each bonus bet is valid for seven days. The bonus bets come with a 1x wagering requirement.
  
  
• The offer ends on Jan. 25, 2026, at 11:59 p.m. ET.
  
  
• You can also access a secondary '20% deposit match up to $1,000' welcome offer.

Our DraftKings review goes into extensive detail about this welcome offer and additional key features the sportsbook offers.

DraftKings iOS app

DraftKings promo pros and cons:

Easily obtainable

Future wagering flexibility

The bonus bets expire seven days from issuance

DraftKings responsible gaming  

Please Gamble Responsibly. 888-789-7777/visit CONNECTICUT COUNCIL – ON PROBLEM GAMBLING  (CT), or visit  Home (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 2/1/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 1/25/26 at 11:59 PM ET. Sponsored by DK.

5. FanDuel Colorado welcome offer

Bet $5, Win $300

New customers only. Deposit min. $5. Place your first $5 bet and receive $300 if your bet wins.

Available in Colorado

Claim $300

FanDuel is renowned in the industry for perpetually pushing the welcome bonus envelope. The sportsbook executes its sign-up offers expertly, continuously garnering swaths of new bettors. FanDuel's current offer is undoubtedly among the best Colorado betting bonuses.  

Here are five of the more crucial stipulations of FanDuel’s bonus offer: 

• No FanDuel promo code is required, but you must download the FanDuel mobile app to claim this offer.
  
  
• An initial minimum deposit of at least $5 and a $5 wager on any sports market is required to qualify for the bonus.
  
  
• FanDuel will issue $300 in bonus bets if your first bet settles as a win.
  
  
• FanDuel will deposit your bonus into your account within 72 hours of your first bet settling.
  
  
• You may use your bonus bets on any sports betting market. Any unused portions of your bonus bet credit will expire after seven days (168 hours). The promotion is valid until Jan. 25, 2026.

Refer to our FanDuel review for additional info. 

FanDuel iOS app

FanDuel promo pros and cons:

Lots of value in a $5 wager

Use bonus bets on multiple future wagers

Bonus bets can be used on any market

It can take up to 72 hours to receive bonus bets

6. Caesars Colorado welcome offer

$250 Bet Match, Win or Lose

Code: COVERS250BM

 Claim $250

One of the best Colorado betting bonuses, Caesars Sportsbook's latest promo is available to all new customers. 

To redeem the '$250 Bet Match, Win or Lose' offer, make sure to use Caesars Sportsbook promo code 'COVERS250BM' and read the following terms and conditions carefully:

• You must make a qualifying $10 deposit. 
  
  
• Make an initial $1 wager on any sports betting market within 30 days of opening your account. You'll receive $250 in bonus bets, win or lose. 
  
  
• You cannot split your bonus or combine them with any other offer. 
  
  
• You have 30 days to use the bonus. 
  
  
• Caesars does not include bonus amounts in winnings earned from bonus bets. This Covers-verified Caesars Sportsbook promo is valid until Feb. 10, 2026. 

Want to learn more? Check out our Caesars Sportsbook review. 

Caesars Sportsbook iOS app

Caesars promo pros and cons:

Guaranteed bonus

Easy to claim

You have 30 days to use the bonus

Cannot use bonus on multiple wagers

Bonus amount not included in payouts

Most common sign-up bonuses

Colorado sports betting companies have a multitude of bonuses in their arsenals to attract new users, but the three most popular are second chance bets, deposit matches, and no-deposit bonuses. Make sure to visit our most common sportsbook sign-up bonuses guide for even more information.

Second chance bet

Second chance bets are an excellent way for bettors to wager unfettered, without concern of losing. If a user’s first bet fails, the sportsbook returns the amount wagered up to a specified number. 

If the Colorado Rockies are heavy underdogs, but you feel they have a good chance of winning, a second chance bet allows you the opportunity to commit to the wager without worrying about a potential loss. Should the Rockies win, you’ll walk away with maximum profit. If they lose, the sportsbook will reimburse the stake, providing a do-over opportunity on its dime. 

Deposit match

A deposit match is a guaranteed bonus offer that sees a sportsbook credit a user’s account with the same amount initially deposited, up to a pre-specified maximum. It immediately doubles the bettor’s wallet, making for a rather enticing promotion. 

Sportsbooks offer a wide range of deposit matches, from 50% to 100% to even more lucrative 200%, even 300% offers. The most common deposit match is 100%. 

No deposit bonus

No deposit bonuses are typically used as a welcome bonus or as part of a big-event promotion, like the Super Bowl, March Madness, or the NBA Finals. The sportsbook deposits credit on the user’s behalf to secure the bettor’s initial business. After wagering on the sportsbook’s dime, the new user is more likely to deposit their own funds and become a loyal patron. 

What online sportsbooks can I use in Colorado?

There are currently 13 active online sports betting sites taking wagers in Colorado — more than anywhere else in the United States. BetMGM, BetRivers, DraftKings, and FanDuel were the first legal online sportsbooks to accept mobile wagers in the Centennial State. You can check out the full list — including the best new betting sites — here:

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