Best Sports Betting Offers
Michigan online sports betting is finally a reality for bettors. The Michigan Gaming Control Board announced a online sportsbook launch on January 22, 2021.
Here are the 3 Best Online Betting Sites / Sportsbooks. Bovada has changed the face of Sports betting online. They have a great sportsbook, racebook and one of the largest online poker rooms for. Here are the 3 Best Online Betting Sites / Sportsbooks. Bovada has changed the face of Sports betting online. They have a great sportsbook, racebook and one of the largest online poker rooms for. FanDuel Sportsbook. As one of the biggest daily fantasy sports providers in the U.S., FanDuel.
Both retail and online sportsbooks are allowed under the Michigan Lawful Sports Betting Act. Retail sportsbooks launched in early 2020. A total of 10 sportsbook apps are part of the first round of Michigan online gaming apps. FOX Bet launched a week after this first round.
Commercial and tribal casinos can launch mobile sports betting platforms. The Michigan Gaming Control Board approved 15 different potential online sports betting operators late last year. This means more sportsbook apps will launch later in 2021.
Michigan Sports Betting Apps
- PointsBet
- Golden Nugget Sportsbook
- Barstool Sportsbook
- WynnBet
- TwinSpires
- FOX Bet
Michigan Sports Betting Updates
- New online gambling operators join in – On January 29, the MGCB authorized FOX Bet and Poker Stars to go live with sports betting and casino gaming, respectively. Poker Stars also launched Michigan’s first online poker site. Barstool received approval to launch an online casino on the same day.
- Michigan sports betting begins with 10 sportsbooks live – 10 sportsbooks launched in the Great Lakes State on January 22, opening day for Michigan sports betting. These include BetRivers, William Hill, FanDuel, BetMGM, DraftKings, Golden Nugget, Barstool, TwinSpires, PointsBet, and Wynn.
- Michigan Gaming Control Board announced sports betting launch – On January 19, 2021, the MGCB announced that 9 sports betting apps would launch on January 22. The next day, the MGCB announced its approval of PointsBet, bringing the total number to 10.
- Michigan approves 15 online sports betting and casino licenses – The MGCB gave the green light to 15 different iGaming licenses on December 10. This action from the MGCB marks one of the final regulatory steps before Michigan’s online sportsbooks go live sometime in early 2021.
- Casinos reopen after a month-long shutdown – A COVID-19 emergency order forced Michigan’s trio of commercial casinos to shut down on November 18. The three casinos, all home to retail sportsbooks (MGM Grand Detroit, MotorCity Casino Hotel, Greektown Casino Hotel) reopened on December 21.
- Detroit Pistons partner with FanDuel, DraftKings – Michigan’s iconic NBA franchise announced simultaneous partnerships with both FanDuel and DraftKings. The agreements bring in the two top sports betting brands in the US as official sports betting partners of the Detroit Pistons.
- Barstool Sportsbook enters Michigan market – Greektown Casino Hotel announced a renovation and rebranding of its retail sportsbook. The land-based sports betting venue will be reintroduced as Barstool Sportsbook, the first retail sportsbook to bear the Barstool name.
Reviews Of Michigan’s 5 Best Sports Betting Apps & Sites
BetRivers Sportsbook (8.6/10)
Visit: BetRivers Michigan and get $250 Risk-Free Bet
- 100% deposit match bonus up to $250
- Available for Android, and desktop devices
- License partner of Little River Casino Resort
- Partner of VSiN The Sports Betting Network
- Excellent selection of international sports
- Best deposit option – PayPal
- Other deposit methods – ACH/eCheck, credit/debit card, BetRivers Play+
BetRivers expansion across the US continues with the BetRivers Sportsbook MI platform. The selection of domestic and international sports put BetRivers on par with just about any other legal sports betting site in the US.
The welcome bonus at BetRivers presents one of the most player-friendly offers of any Michigan sportsbook. New players can unlock a 100% deposit match up to $250, with just a 1x playthrough requirement.
William Hill Sportsbook (8/10)
Visit: William Hill Michigan and get a $2021 Risk-Free Bet
- Welcome Bonus: Risk-free bet up to $2,021
- Retail Partner: Grand Traverse Band of Ottawa and Chippewa Indians (Turtle Creek & Leelanau Casinos)
- Available via iOS and Android (no desktop)
- Key Features: Huge market depth, unique options for international sports, simple, straightforward platform, quality odds that compete well with competitors
The William Hill Sportsbook in Michigan brings a century-old sports betting brand from the UK to what will be one of the top online gaming markets in the country.
William Hill really stands apart from the other options in the state with an impressive market depth for international events, and their odds are competitive across the board.
But beyond that, William Hill largely falls a bit short with a less than competitive new player bonus.
FanDuel Sportsbook (9.8/10)
Visit: FanDuel Michigan and Bet $5 to Win $275 on Super Bowl 55
- 55/1 Super Bowl Odds Bet
- Risk-free bet up to $1,000
- Available for iOS, Android, and desktop devices
- License partner of MotorCity Casino Hotel
- Official Sports Betting Partner of the Detroit Pistons
- Comprehensive selection of sports, ways to bet, and deposit options
- Best deposit option – PayPal
- Other deposit methods – ACH/eCheck, credit/debit card, FanDuel Play+
FanDuel Sportsbook offers just about everything a bettor could ask for in an online sportsbook. The domestic and international leagues available for wagering puts FanDuel Sportsbook in the top tier of legal mobile sports betting platforms in the US.
New players can take advantage of a risk-free bet up to $1,000 after making an initial deposit. Other unique promotions include parlay insurance, which offers up to $25 back on a five-leg or more parlay if all legs but one are winners.
BetMGM Sportsbook (9/10)
Visit: BetMGM Michigan and get up to $600 Risk Free Bet Bonus
- Up to $600 risk free bet
- Available for iOS, Android, and desktop devices
- License partner of MGM Grand Detroit
- Official Gaming Partner of the Detroit Tigers
- Robust number of available sports and ways to wager
- Best deposit option – PayPal
- Other deposit methods – ACH/eCheck, credit/debit card
BetMGM Sportsbook functions as the sports betting branch of Michigan’s largest land-based casino, MGM Grand Detroit. BetMGM brings together a comprehensive sports betting platform that belongs on the go-to list for any serious bettor.
New Michigan bettors can claim up to a $600 risk-free bet bonus offer at BetMGM Michigan.
DraftKings Sportsbook (9.4/10)
Visit: DraftKings Michigan and get up to $1,000 Deposit Match Bonus
- 20% deposit match bonus up to $1,000
- Available for iOS, Android, and desktop devices
- License partner of Bay Mills Resort & Casino
- Official Sports Betting Partner of the Detroit Pistons
- Wide array of sports, ways to bet, and deposit/withdrawal methods
- Best deposit option – PayPal
- Other deposit methods – ACH/eCheck, credit/debit card, DraftKings Play+
Michigan bettors of all experience levels should find plenty to like about DraftKings Sportsbook. The platform offers one of the most robust selections of sports among any legal online betting site.
The welcome bonus at DraftKings Sportsbook comes as a 20% deposit match up to $1,000. The sportsbook also offers a $100 bonus for each new player you refer to the site.
All Michigan Online Sportsbooks Apps
Sportsbook | Welcome Bonus | Casino Partner | Launch Date |
---|---|---|---|
BetRivers | 100% Deposit Match Up To $250 | Little River Casino Resort | 1/22/21 |
William Hill | Risk free bet up to $2,021 | Turtle Creek Casino & Leelanau Sands Casino | 1/22/21 |
FanDuel | Risk-free Bet Up To $1,000 | Motor City Casino Hotel | 1/22/21 |
BetMGM | Risk-free Bet Up To $600 | MGM Grand Detroit | 1/22/21 |
PointsBet | Two Risk-free Bets Up To $2,000 | Northern Waters Casino Resort | 1/22/21 |
DraftKings | 20% Deposit Match Up To $1,000 | Bay Mills Resort & Casino | 1/22/21 |
Golden Nugget | Risk-free Bet Up To $100 | Ojibwa Casino | 1/22/21 |
Barstool | $1,000 Risk Free Bet | Greektown Casino Hotel | 1/22/21 |
WynnBet | $500 Risk Free Bet | Kewadin Casino | 1/22/21 |
Twin Spires (formerly BetAmerica) | One week risk-free betting up to $1000 | Island Resort & Casino | 1/22/21 |
FOX Bet | Risk-free Bet Up To $500 | Odawa Casino | 1/29/21 |
Fire Keepers Sportsbook | TBA | Fire Keepers Casino And Hotel | TBA (Expected 2021) |
Four Winds Sportsbook | TBA | Four Winds Casinos | TBA (Expected 2021) |
Parx Sportsbook | Risk-free Bet Up To $500 | Gun Lake Casino | TBA (Expected 2021) |
How To Place A Bet In Michigan
Choosing An Online Sportsbook In Michigan
Michigan’s online sports betting market includes at least 14 mobile sportsbooks approved by the MGCB, nine of which launched on day one. Each different sportsbook offers different welcome promotions, betting markets, and odds.
Gaming Today continuously updates this page with the latest information on Michigan’s mobile sports betting apps. You can use the information here to evaluate which sportsbooks suit your preferences.
Make A Deposit
The most reliable deposit options for Michigan bettors include PayPal and ACH/eCheck. The Play+ prepaid card, available at most sportsbooks, offers another convenient and secure deposit method.
Mobile sportsbooks put several different deposit options at your fingertips, allowing you to fund your account from anywhere in the state.
Verify Your Location
Michigan’s mobile sportsbooks use geolocation technology to determine your location when you log in. You must be located within Michigan borders to place a bet at a state-regulated sportsbook.
If the geolocation service determines that you’re out-of-state, you’ll be blocked from betting until you’re back in Michigan.
How To Register An Account
Once you’ve chosen an online sportsbook, you’ll need to provide proof of age and identity before you can deposit and start betting.
The sportsbook will ask you for a valid identification document (driver’s license, state-issued ID) to confirm these details. Once your documents are verified, you can navigate to the cashier and make your first deposit.
How To Place A Bet
Michigan’s mobile sports betting apps provide unprecedented ease of access to betting markets on sports events around the globe.
Most sportsbooks offer a user-friendly interface that allows you to browse all available sports, and then leagues and games within that sport. Placing a bet requires just a couple of clicks.
Clicking on a line of your choice puts the wager on your bet slip. Once there, you’ll have to click on “Confirm” or a similar link to send your bet to the sportsbook.
Legal Sportsbooks Versus Offshore Betting Sites
With no less than 14 online sportsbooks coming to Michigan, bettors will enjoy access to an entire new world of legal sportsbooks. All state-regulated sportsbooks will bear the seal of approval from the Michigan Gaming Control Board.
Any online sports betting site not displaying that seal is operating illegally in the US. These offshore sites can’t guarantee the same level of security and accountability as their legal counterparts.
Putting your money down on an offshore gambling site isn’t worth the risk, especially with so many legal options at the disposal of Michigan players. If you deposit at an offshore site, you might never see that money again.
Michigan Sports Betting Revenue
While online sports betting has yet to launch in Michigan, the state’s three commercial casinos all opened retail sportsbooks in 2020.
After nearly five months shut down due to a COVID-19 emergency order, the trio of Detroit-based commercial casinos reopened in early August. The casinos could only allow 15% capacity, but the land-based sportsbooks at each performed well under those conditions.
October marked the last full month of operations for the commercial sportsbooks before another shutdown in November. The three Detroit sportsbooks (MGM Grand Detroit, MotorCity Casino Hotel, Greektown Casino Hotel) brought in $7.6 million in combined revenue in October.
In leading sports betting markets like New Jersey and Pennsylvania, mobile wagering produces around 90% of overall sports betting revenue. The $7.6 million revenue figure for Michigan in October doesn’t include mobile wagering, and also excludes revenue from tribal casinos.
With all of those factors in mind, the October performance of Michigan’s commercial sportsbooks points to big things in 2021 for Michigan’s sports betting industry.
How Michigan Sports Betting Compares To Other States
Illinois
In less than a year, Illinois has emerged as the nation’s fourth-largest sports betting market in terms of overall wagering handle.
Illinois sportsbooks brought in $434 million in handle in October of last year, with more than 94% of those bets coming from mobile sportsbooks. DraftKings, BetRivers, and FanDuel dominate the Illinois online sports betting market.
The Illinois market currently includes those brands, as well as William Hill and PointsBet. Michigan bettors will enjoy access to several other different options compared to Illinois, which could lead to Michigan eclipsing Illinois in the US sports betting economy.
Indiana
Another Midwest state with a flourishing sports betting market, Indiana took nearly $231 million in handle in October 2020. The Hoosier State stands as the No. 5 sports betting market in the US, right behind Illinois.
Indiana’s land-based and online sportsbook market somewhat resembles what’s on the way in Michigan. FanDuel and DraftKings operate as the top two choices in Indiana’s mobile sports betting market, a trend that could likely carry over to Michigan.
Mobile wagering accounts for more than 75% of all bets in Indiana. Indiana’s online sportsbooks are on the way to going over the $100 million revenue mark for 2020.
Michigan Sports Betting Successes And Failures
Sports Betting Successes For Michigan
Michigan’s potential as a top-five US sports betting market attracted the industry’s biggest brands to the state. At least 14 different online sportsbooks are approved in Michigan, with 9 apps launching on the first day of online gaming.
Michigan’s attractive tax rates (8.4% on mobile and retail sports betting revenue), rich sports tradition, and the number of available land-based casino partners successfully drew the giants of the sports betting industry to the state.
DraftKings, FanDuel, BetRivers, BetMGM, and William Hill represent just a few of the companies slated to launch online sportsbooks in Michigan. Michigan’s sports betting scene will offer a selection of different online sportsbooks that rivals any US state.
What Could Improve For Michigan’s Sports Betting Industry
After sports betting legalization got the green light in late 2019, 2020 ended up as a year of uncertainty and mixed messages about the launch of online sports betting in the state.
The Michigan Gaming Control Board pushed for a late-2020 launch of online sports betting, but the year ended with mobile sportsbooks still on hold.
Every week that went by without a launch of online sports betting, Michigan’s casinos lose out on significant potential revenue. This delay was remedied by the first sports betting apps launching in time to place bets on the Super Bowl. Still, there are additional gaming apps that have been approved but are delayed in their launch.
Sports Betting Legalization Effort In Michigan
A sports betting legalization bill passed through the state House and Senate in 2018, and it appeared that Michigan was poised to become the next US state with legal sports betting.
Needing only a signature from then-Governor Rick Snyder, however, the 2018 effort was nullified by a veto from Snyder just days before his gubernatorial term ended.
That setback reset the Michigan sports betting legalization effort back to square one. A 2019 version of a sports betting bill once again passed through the House and Senate, and this time got the final signature from new Governor Gretchen Whitmer.
Retail Sportsbooks Launch In Michigan
The sports betting bill approved both retail and online sports betting in Michigan. The state’s three Detroit-based commercial casinos all opened sportsbooks on their properties in March 2020, only to shut down just days later due to a COVID-19 emergency order.
Commercial casinos reopened in August, with all three resuming retail sportsbooks operations. Some of Michigan’s tribal casinos opened land-based sportsbooks throughout the year as well, as tribal properties aren’t bound by state-issued emergency orders.
Nine online sportsbooks launched on January 22, 2021, ending months of speculation as to when the MGCB would give Michigan sports betting the official green light to start accepting bets.
Michigan Sports Betting Timeline
- December 2018 – After passing through the state House and Senate, a sports betting bill gets vetoed by outgoing Gov. Rick Snyder.
- December 2019 – Sports betting legislation once again goes through the two state chambers, and this time gets the needed signature from Gov. Gretchen Whitmer to go into law.
- March 2020 – Michigan’s three Detroit-area commercial casinos open retail sportsbooks. All three casinos are forced to shut down just days later, however, due to COVID-19 emergency orders.
- August 2020 – Not bound by the state’s COVID-19 order, FireKeepers Casino becomes the first Michigan tribal property to open a retail sportsbook.
- August 2020 – Commercial casinos get the green light to reopen, allowing their retail sportsbooks to operate uninterrupted until a second shutdown in November.
- September 2020 – The Michigan Gaming Control Board (MGCB) finalizes rules for the state’s sports betting industry.
- November 2020 – A monthly MGCB meeting alludes to a possible early-2021 launch of online sports betting. The meeting dampens hopes of a late-2020 launch.
- January 19, 2021 – After a January 12, 2021 meeting, the MGCB officially announced that the first bets would be placed in Michigan on Friday, January 22, 2021.
Michigan’s Sports Teams
Professional Sports Franchises In Michigan
Detroit Red Wings
Detroit’s “Hockeytown” nickname comes as a result of the success and popularity of the Detroit Red Wings. The Red Wings status as 11-time Stanley Cup champions bolsters the franchise’s reputation as perhaps the most beloved Michigan professional sports franchise.
Michigan’s legal sportsbooks offer betting markets on the Red Wings throughout the NHL season. When the Red Wings make a playoff appearance, Michigan bettors can wager on the Detroit hockey franchise through the Stanley Cup Finals.
Detroit Tigers
The lineage of the Detroit Tigers goes back to 1894. Detroit’s Major League Baseball franchise boasts four World Series Championships, with the most recent of those coming in 1984.
The Tigers have made five playoff appearances and two American League championships since the turn of the century. Moneyline, run line (aka point spread), parlays, and prop bets on the Tigers are available throughout the regular season and playoffs at Michigan’s sportsbooks.
Detroit Lions
Longsuffering fans of the Detroit Lions still await the NFL franchise’s first Super Bowl appearance. The Lions lay claim to four NFL championships, but all four came in the 1950s and before the Super Bowl era.
The Lions have made three playoff appearances in the last decade. If and when the Lions do make a magical Super Bowl run, Michigan bettors will enjoy the full gamut of betting options on the Lions all the way through the championship game.
Detroit Pistons
The NBA’s Detroit Pistons stand as one of Michigan’s most successful sports franchises in the modern era. The Pistons have won three league championships since 1989, with the most recent of those coming in 2004.
The Pistons put together a string of six consecutive Eastern Conference Finals appearances from 2003-2008. The next era of greatness for the Pistons could be just around the corner, and fans will enjoy betting opportunities on the team through all rounds of the NBA Playoffs.
Michigan College Sports Teams
The Michigan Lawful Sports Betting Act permits betting on all college sports, including Michigan-based teams. In-game and player prop bets aren’t allowed, but all other kinds of betting on college sports are legal at Michigan’s sportsbooks.
College sports loyalty throughout the state is divided between two major programs – the Michigan Wolverines and the Michigan State Spartans.
University of Michigan Wolverines
One of the most storied college football programs in the country, the Michigan Wolverines play as a perennial powerhouse in the Big Ten Conference.
The Wolverines lay claim to 11 national championships and a staggering 42 conference titles since the inception of its football program in 1879.
The University of Michigan also competes for the Big Ten men’s basketball title on a regular basis. The program’s recent history includes five Sweet Sixteen appearances in the 2010s and eight overall appearances in the NCAA Tournament in that span.
Michigan State Spartans
The Michigan State University Spartans stand as one of the main rivals to the Michigan Wolverines in virtually every sport. Big Ten basketball and football matchups between the two schools provide Michigan sports fans with some of the most hyped events on the annual athletic calendar.
The football program went to the College Football Playoff in 2015 and has earned conference championships over its more than century-long history.
Legendary head coach Tom Izzo leads the Spartans men’s basketball program to the postseason virtually every year. The Spartans have clinched a March Madness berth in 22 consecutive seasons under Izzo.
Aside from in-game and player prop bets, both major Michigan programs can be wagered on throughout the regular season and playoffs, both in football and basketball.
Other Sports To Bet On In Michigan
All major domestic sports leagues will appear on the betting menus at Michigan’s mobile sportsbooks. NASCAR, golf, tennis, MMA, MLS, and other US-based sports offer almost innumerable opportunities for Michigan sports bettors.
The NASCAR Cup comes through Michigan International Speedway each year for the FireKeepers Casino 400 race. Other major Michigan sports events include the PGA’s Rocket Mortgage Classic, which commences from the Detroit Golf Club each summer.
International sports and niche events round out the betting markets available at Michigan’s legal sportsbooks. Table tennis, rugby, cricket, Aussie Rules football, international motorsports, and even games like darts and chess are available for wagering.
Michigan Sports Betting FAQs
Yes. The Michigan Lawful Sports Betting Act allows both online and retail sports betting. Ownership groups for both commercial and tribal casinos can offer online sports betting.
No less than 14 different online sportsbooks are set to launch in Michigan. State gaming regulators announced 9 of these sportsbooks were ready to launch on January 22, 2021.
Yes. Michigan sports betting laws allow for wagering on college sports, including Michigan-based programs.
The only exceptions to Michigan’s allowed wagering on college sports are a ban on in-game prop betting and player props. All other kinds of betting are legal under Michigan law.
21 or older. Michigan sports betting laws set the minimum wagering age at 21. This age applies to online sportsbooks licensed to both commercial and tribal casinos.
While some tribal casinos set the minimum age for retail sports betting at 18 or 19, all online sportsbooks mandate a minimum age of 21.
No, but you must be located within Michigan state lines at the time of a wager. Michigan’s online sportsbooks use geolocation technology to determine your location when you access your account.
If you’re in Michigan when you place your bet, that bet is legal whether you’re a Michigan resident or not.
Yes. Most of Michigan’s upcoming online sportsbooks offer their platforms as iOS apps. These apps can be found as free downloads in the App Store.
Even if you don’t have the app (or the sportsbook doesn’t offer an iOS app), you can still use the browser on your Apple device to access Michigan’s online sportsbooks.
Yes. DraftKings Sportsbook operates as a license partner of Bay Mills Resort & Casino. They launched on January 22, 2021.
More Resources On Michigan Sports Betting
- Michigan Gaming Control Board: News & Reports – The latest press releases and revenue figures from Michigan’s gaming regulation agency.
- Michigan Lawful Sports Betting Act – An e-copy of the official bill outlining Michigan’s sports betting laws.
- The Fall of PASPA – Article on the overturning of the Professional and Amateur Sports Protection Act, and how it opened the door for legal sports betting throughout the US.
- The Detroit News – Sports section of one of Michigan’s leading news outlets.
- ESPN US Sports Betting Map – Updated map showing where each US state stands on legal sports betting.
Colorado online sports betting kicked off on May 1, 2020. There are 16 licensed Colorado online sportsbooks. Most offer sign-up bonuses including free bets and deposit bonuses that lure players to their sites instead of their competitors. Each has its own set of terms and conditions, and we cover them below so you can find the best deal for your level of activity.
**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.
Best Online Sports Betting Bonuses In Colorado
While most Colorado sportsbooks offer bonuses, some are notable for new bettors. Here are the eight best welcome bonuses in Colorado:
- William Hill – Claim A $500 Risk-Free Bet
- BetRivers – Claim A $250 Deposit Bonus with 100% Match
- FanDuel – Claim A $1,000 Risk-Free Bet
- SportsBetting.com – Claim A $150 Deposit Bonus
- BetMGM – Claim A $500 Deposit Bonus – Use bonus code SHARP
- PointsBet – Claim A Two Risk-Free Bets, up to $1,500 – Use bonus code BIGBONUS
- DraftKings – Claim A $1,000 Deposit Bonus with 20% Match
- FOX Bet – Claim A $500 Risk-Free Bet
Online Sports Betting In Colorado
William Hill Colorado
Bonus: $500 Free Bet
Claim Bonus: Willaim Hill $500 Free Bet
Defense Dollars: Wager $50 or more on the pregame or full game spread on the Washington Huskies vs. Oregon Ducks game. Earn a free bet for your team’s defense:
- $1 per sack
- $2 per fumble recovery
- $3 per interception
- $7 per defensive touchdown
- $10 per safety
Remember, the risk-free bet must be used within seven days from the date it’s awarded. Don’t let that free bet go to waste!
BetRivers Colorado
Bonus: 100% up to $250 Deposit Match
Claim Bonus: BetRivers Sportsbook Bonus of $250
Colorado became the fourth state BetRivers launched in after Pennsylvania, Indiana, and Illinois. (It launched in Iowa shortly afterward, too.) BetRivers is owned by Rush Street Interactive, the same company that operates SugarHouse Online, but Coloradans won’t get access to that site. BetRivers has a number of loyalty perks and rewards to Colorado sports bettors and is offering up to a $250 match for deposits through our exclusive link. BetRivers will match each dollar bettors deposit with a site credit up to $250. Bettors also have to use that money to bet, with BetRivers releasing one site credit for every dollar in wagers. It has the best rate of reward among Colorado deposit bonuses. But it’s far from the largest.
FanDuel Sportsbook Colorado
Bonus: $1,000 Risk-Free Bet
Claim Bonus: FanDuel Sportsbook $1,000 Risk-Free Bet
FanDuel is another licensed daily fantasy sports company that entered thelegal sports betting industry in Colorado. You receive $5 in your account immediately upon signing up. You’ll receive another $5 upon making a deposit. FanDuel’s main welcome bonus is its $1,000 risk-free bet. You’ll receive a free bet for your first wager’s amount. If it loses, your account is reimbursed for the losses, up to $1,000. Winnings are eligible for cashout, but the site credits cannot be withdrawn.
SportsBetting.com
Bonus: $150 Deposit Bonus
Claim Bonus:SportsBetting.com $150 deposit bonus
SportsBetting.com launched in Colorado after partnering withJohnny Nolon’s. SportsBetting.com offers a 100% up to $150 deposit bonus for new customers.
Bonus: $500 Deposit Bonus
Claim Bonus:BetMGM Sportsbook $500 Deposit Bonus – Use bonus code SHARP
Bet MGM is operated by MGM Resorts out of Las Vegas. It offers a risk-free bet up to $500. However, bettors must use their first bet to take advantage of this bonus. If bettors lose their first bet, then BetMGM will add risk-free bets to bettor accounts. If bettors wager $49 or less, they’ll get one risk-free bet that’s equal to their first bet. If bettors wager $50 or more, then bettors will get five risk-free bets that are each worth a fifth of their first bet. So, a $500 losing wager would get bettors five $100 risk-free bets. It’s a little confusing, but the bottom line is bettors will get their losing stake back in the form of risk-free bets.
PointsBet Colorado
Bonus: 2 Risk-Free Bets up to $1,500
Claim Bonus: PointsBet Sportsbook $1,500 Risk-Free Bets – Use Bonus Code BIGBONUS
PointsBet offers a little something different-a dual risk-free bonus bet offer. New accounts can receive two risk-free bets, one up to $500 on a fixed-odds bet, and $1,000 for PointsBetting. PointsBetting is a spread bet which allows bettors to wager on how much their team will cover the spread by. The reward multiplies depending on how far over the threshold your team is when the game concludes. If you can guess how much you’ll win, you can be rewarded exponentially. But it’s a tricky bet. Best of luck if you attempt it.
DraftKings Sportsbook Colorado
Bonus: 20% up to $1000 on deposit.
Claim Bonus:DraftKings Sportsbook Bonus of $1,000
DraftKings is best known in Colorado as a legal daily fantasy sports site. It’s been a licensed daily fantasy site in Colorado since 2016. Now you can bet on sports through DraftKings’ app and website.
New DraftKings sportsbook players can earn up to $1,000 in deposit bonuses. When making a deposit, bettors can earn $1 in site credits for every $5 they deposit, up to $1000. That means a $5,000 deposit would receive the maximum bonus. However, DraftKings also has a playthrough requirement. Bettors get $1 in site credits for every $25 they ager after depositing. Bettors have 90 days to meet the playthrough requirement to maximize this bonus. You’ll be rewarded in proportion to how much you deposit and wager, so make your first deposit and subsequent bets count!
Additional terms and conditions apply.
FOX Bet Colorado
Bonus: $500 Risk-Free Bet
FOX Bet offers new players a $500 risk-free bet on their first wager. However, it’s only good for your first wager, so make sure you don’t miss it. Bettors must place a bet on a line with odds of -200 or more to qualify. If you lose, you’ll get site credits that match your stake up to $500. If you win, then congratulations. Enjoy your winnings.
BetMonarch
Bonus: None available
BetMonarch is the first homegrown sportsbook to launch in Colorado, both owned and operated locally. The new app launched in May 2020, about a week after Colorado legal sports betting went live. As the name suggests, BetMonarch is attached to the Monarch Casino in Black Hawk, and bettors will also be able to place bets at the retail sportsbook in person once Colorado casinos reopen.
SBK
Bonus: None Available
SBK is an online sportsbook from Smarkets, a European sports betting company based in the UK. SBK launched on June 4 and gets its odds from its betting exchange overseas. That means that SBK’s odds are particularly competitive. But Colorado sportsbooks that offer bonuses or boosts can have better odds on certain lines than SBK.
Sky Ute Sportsbook
Bonus: None Available
Sky Ute Sportsbook is the online sportsbook from the Southern Ute Indian Tribe. Sky Ute Sportsbook launched on June 9 and is currently not offering a sign-up or deposit bonus.
Circa Sports
Bonus: None available
Circa Sports is an online sportsbook that started in Las Vegas at the D and Golden Gate. Colorado is its first online sportsbook outside of Nevada and promises to have high limits and great odds.
BetWildwood
Bonus: None Available
BetWildwood is an online sports betting site operated by Wildwood Casino. It offers no welcome bonuses and tends to have low odds compared to its competitors.
theScore Bet
Bonus: $1,000 Deposit Bonus with 5% Cash Back + $500 Risk-Free Bet
theScore Bet offers two welcome bonuses: the $1,000 deposit bonus and the $500 risk-free bet.
The deposit bonus rewards bettors for their first deposit, up to $1,000. But to unlock that bonus, bettors need to wager. Bettors get 5% cash back on every wager for 60 days to slowly unlock the cash bonus they earned from their first deposit. That means to get the full $1,000, bettors must:
- Deposit $1,000 on their first deposit.
- Wager $20,000 in 60 days.
Long story short, bettors will be rewarded in proportion to their play.
theScore Bet also offers a $500 risk-free bet. theScore Bet refunds your first bet if it loses for the amount bettors wagered, up to $500.
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Elite Sportsbook
Bonus: $500 Risk-Free Bet
Elite Sportsbook is partnered with Red Dolly Casino. They are offering first-time users a $500 risk-free bet of up to $500 on their first bet. With a risk-free bet, the first bet is the one to go big on.
Betfred Sports
Bonus: $500 Risk-Free Bet
Betfred is a European operator that partnered with Saratoga to launch its online sportsbook in Colorado. Betfred is an official partner of the Denver Broncos and offers new players up to $500 risk-free bet when they sign up.
Superbook Sportsbook
Bonus: None Available
Superbook is a recent Colorado entrant that promises bonuses soon. Colorado is its first state after Nevada, and it’ll be heading into New Jersey next.
Colorado Sports Betting Sites Launching Soon:
888 Sportsbook
888 Sportsbook isn’t here yet. But when it is, it offers a $500 risk-free bet. However, that could change for Colorado before launching.
Bet365
Bet365 is a maybe, too. However, if it comes to Colorado, bettors would be able to claim a $100 first deposit bonus. It’d be the smallest deposit bonus in Colorado at that rate.
BetAmerica
BetAmerica is best-known as a horse racing betting company. It is owned and operated by Churchill Downs. It has been licensed in Colorado in the racing industry for years. However, its casino bonus is more generous than its sportsbook bonus. New casino players get a $500 deposit bonus. New sportsbook bettors get what appears to be a $50 risk-free bet.
Barstool Sportsbook
Barstool Sportsbook is opening a retail location in Colorado, but the app isn’t live yet. When it is, bettors can claim a $500 risk-free bet.
Colorado Sports Betting Promotions
Existing users can take part in sports betting promotions offered at many of the Colorado sports betting sites. Deposit bonuses reward bettors for how much they deposit and wager. Risk-free bets refund losing bets with site credits.
However, bettors will find ongoing bonuses that offer small wagers on popular games. There’s lots to see, so bettors should keep an eye out for new promotions.
Deposit Bonuses
Deposit bonuses appear the most enticing. They reward bettors for how much they deposit upfront. Sportsbooks seem to know that bettors who deposit money will use it, so it makes sense for them to incentivize large deposits. Deposit bonuses are awarded at a rate expressed as a percentage. A 20% deposit bonus, like DraftKings’, awards 20% of a bettor’s deposit in site credits. So, a $100 deposit would earn $20 in site credits.
However, deposit bonuses often have playthrough requirements, too. Bettors need to actually use the money they deposit before unlocking their bonuses. theScore Bet awards 5% of a bettor’s wagers up to the amount they deposited upfront. That way, sportsbooks ensure bettors are actually wagering.
Best Sports Betting Site
Risk-Free Bets
Ironically, risk-free bets require bettors to risk their own money upfront. Risk-free bets reimburse bettors for how much they lose on their first bet. The advertised amount is often the maximum bet that bettors can be reimbursed for in full. So, a $500 risk-free bet often means that bettors can lose $500 on their first bet, then get that money back in site credits. That’s the deal bettors can find at Fox Bet. However, bettors can’t withdraw the site credits. Bettors can only get their winnings in the bank. Since these bonuses are often only good for the first bet, new bettors often miss the chance to use them. Don’t be one of them. Plan the first bet carefully.
No-Deposit Bonuses
These are small, unremarkable bonuses that bettors receive upon sign up. However, these are in the form of site credits, too. They’re not free money for bettors to withdraw and use as they please. Bettors must use those credits to wager at their sportsbook or forfeit them. They’re usually not larger than $50, so don’t get too excited about them. Barstool Sportsbook offers a $10 no-deposit bonus for signing up, knowing they’ll win that money back over time. However, they can help new and nervous bettors try betting for the first time. Sportsbooks likely use these to lure the most cautious of new bettors in, hoping they’ll wager more after using these first site credits.
Ongoing Event Bonuses
These are other small bonuses that are tied to specific events. BetMGM offers a deal where bettors wager $50 on college basketball and get a $25 free bet for college football. Little bundles like these help spread bets over all the events sportsbooks need money on.
How To Claim Online Sportsbook Bonuses In State
Claiming bonuses tends to be straightforward. First, bettors have to find the online sportsbook app they want to wager at. That’s as easy as googling the website or searching the app store. Keep in mind that some brands have state-specific apps. If the Colorado app is available, choose that one. And don’t mistake a daily fantasy sports app for a sportsbook. They’re not the same.
After that, bettors must register for accounts. Creating accounts is similar to any other website. However, sportsbooks require part or all of a bettor’s social security number. That may seem strange to new bettors. However, it’s part of an identity verification step that all licensed Colorado sportsbooks must adhere to. No one wants to award money to money launderers, after all.
Once bettors are registered, they just have to fulfill the first terms of the welcome bonus. That could mean different things for different bonuses and sportsbooks. For example, DraftKings and theScore Bet both offer $1,000 deposit bonuses. However, they have different ways to unlock the full bonus. DraftKings requires a large deposit upfront followed by a 25:1 playthrough requirement. But theScore Bet only requires a 20:1 playthrough. That means earning the full deposit bonus requires $5,000 less at theScore Bet than at DraftKings.
But risk-free bets come with their own terms, too. Their terms often hinge on the first wager. That means planning to bet big later is a poor strategy for fulfilling those terms. Read up on bonus terms before wagering if you want to take advantage of them.
Once the terms are fulfilled, bettors will find the bonus in their accounts. That could be site credits for additional betting or risk-free bets worth redeeming. Bettors should check their accounts and betslips if they’re looking for the rewards they reaped from their sportsbook bonus.
Colorado Sports Betting Bonus FAQs
21. While daily fantasy sports players only need to be 18, sports bettors must be a little older. This staves off a potentially thorny legislative issue. The idea of high school seniors gambling online is unsettling, even to gambling supporters. Raising the sports betting age got around that and likely helped keep mobile sports betting out of high schools.
Best Sports Betting Promos
Yes. Because bettors create separate accounts at each sportsbook, they can claim each sportsbook’s bonus. However, they can only claim bonuses once. Each sportsbook account is tied to a social security number. It’s hard to fake two accounts. Even if bettors could borrow a social security number, sportsbooks would suspend that account if they suspected that it was the same person. Sportsbooks have massive sets of data to use to identify duplicate accounts. Fooling them isn’t as easy as bettors may think.
Each playthrough requirement can differ from sportsbook to sportsbook. However, most of them are associated with deposit bonuses. After fulfilling the deposit requirement for a deposit bonus, bettors often have to wager their money to unlock site credits. They can take the form of fixed site credits per dollar wagered or a percentage of wagered dollars. Bettors must understand each bonus to learn how they wish to fulfill their playthrough requirements.
Bonus abuse is using multiple accounts to benefit from bonuses multiple times. Sportsbooks anticipate a certain return-on-investment from their bonuses. They expect to spend a little money to retain bettors over their full customer lifetimes. But those calculations assume one bonus per sportsbook. Any more than that is theft.
As long as bettors aren’t creating multiple accounts to profit from different bonus terms, then they’re fine. They can create single accounts at multiple sportsbooks, but creating multiple accounts at any sportsbook will get them in trouble.
DraftKings Sportsbook offers a $1,000 deposit bonus at a 20% match rate. If bettors deposit $100, they can earn up to $20 in site credits. However, bettors also have to use the money to bet. DraftKings requires its bettors to play $25 to earn each $1 of site credit. In the $20 example, a bettor would need to wager $500 for the bonus credits. For the full $1,000, bettors would need to play $25,000. Bettors are rewarded based on how much they deposit and play. As long as bettors are wagering at the pace they’ll normally wager, they’re getting a fair value of the bonus.
FanDuel offers a $1,000 risk-free bet to its new bettors. If a bettor’s first wager loses, then they’ll get site credits back equal to their losing bet, up to $1,000. Betting big on the first wager may be a good value for bettors with cash to spare. However, site credits are not the same as winnings. Bettors can withdraw winnings from their accounts. They cannot withdraw site credits. Bettors can only use site credits for betting on FanDuel.
Sports Betting
Best Sports Betting Offers Sites
Sometimes. Some sportsbooks require bettors to use their bonuses on bets with certain odds. Colorado sportsbooks usually set the minimum odds around -200. That way, sportsbooks don’t lose too much money giving away bonus credits and paying additional winnings. Each sportsbook bonus has its own terms, but this is the most common one. Bettors have to watch for these on risk-free bets more than anywhere else. Otherwise, bonus terms should be largely clear.