Colorado Sportsbooks Features & Promos

In addition to collecting unique welcome promos from each of these top-rated sportsbooks, you can also spend some time navigating the odds offered on your favorite sports and get a feel for each site’s interface. Trying out different sportsbooks on your computer and mobile device will help you to identify your personal favorites.

Colorado Sports Betting Legal Path

Proposition DD was on the ballot in Colorado in November 2019 aiming to legalize sports betting with a 10% state tax on sports betting operators. The proposition passed with 51.41% of the vote to pave the way for legal sports wagering in Colorado. Rules and regulations were ironed out within a few months, and sports betting officially launched both online and at land-based sportsbooks on May 1, 2020.

Home Field Advantage 

Roughly 12% of Colorado’s population of 5.8 million residents live in the state’s capital city of Denver. All four of Colorado’s top sports teams play their home games in Denver, which has been nicknamed the Mile High City for its elevation of 5,280 feet above sea level. The lower oxygen levels at that elevation give teams based in Colorado that are accustomed to it a unique home field advantage unlike any other in the United States. 

NFL: Denver Broncos

The Broncos have had two of the NFL’s all-time great quarterbacks under center in John Elway (who led the team to back-to-back Super Bowl wins in 1997 and 1998) and Peyton Manning (who helped Denver win its last Super Bowl in 2015). Unfortunately for Broncos fans, the team has been stuck in an eight-year playoff drought since Manning’s retirement following that Super Bowl victory.

NBA: Denver Nuggets

Nikola Jokic established himself as one of the best players in the NBA with back-to-back regular season NBA MVP awards in 2021 and 2022. But in 2023 he cemented his legacy as one of the all-time greats in Colorado sports history by leading the Nuggets to their first ever NBA Championship and securing an NBA Finals MVP award in the process. The Nuggets figure to be a contender for years to come with Jokic at the helm.

NHL: Colorado Avalanche

The former Quebec Nordiques moved to Colorado and became the Avalanche in 1995. They made an immediate splash in their new home state by winning the Stanley Cup in 1995-96 with a team led by NHL legends Joe Sakic and Patrick Roy. The Avalanche are still among the NHL’s best and most consistent teams today, most recently winning the franchise’s third Stanley Cup in 2022.

MLB: Colorado Rockies

And then there’s the Rockies. Colorado has been a perennial doormat at the bottom of the NL West since its inception in 1993, and it’s hard to see things getting better any time soon with the division rival Los Angeles Dodgers finalizing their super-team with the addition of Shohei Ohtani this offseason. If Colorado sports fans could pick any of their teams to watch and bet on 162 times per season, it wouldn’t be the Rockies, but that’s what they’re stuck with.