How to Start Betting in Colorado
From choosing a sportsbook to placing your first wager, this is exactly how to get started with legal sports betting in the Centennial State.
Choose a Sportsbook
Pick a licensed Colorado sportsbook from our reviewed list. Each operator is regulated by the Colorado Division of Gaming.
Learn more →Create Your Account
Provide your name, email, address, phone number, and last four digits of your SSN. Geolocation confirms you are in Colorado.
Claim Your Bonus
Enter any promo code during registration or on your first deposit. Each sportsbook has unique welcome offers; compare before committing.
Learn more →Fund & Start Betting
Make your first deposit via bank transfer, debit card, PayPal, or other accepted methods. Most sportsbooks have $5–$10 minimums.
Eligibility checklist
- 21 years of age or older
- Physically located within Colorado state lines (not residency)
- Valid SSN and US-issued ID for verification
- One account per person, per operator
Deposit methods
Most Colorado sportsbooks support online banking (ACH), debit card, PayPal, Play+ prepaid card, and wire transfer. Apple Pay and Venmo are available at FanDuel and a few other operators. Credit-card deposits are restricted in Colorado.
Withdrawal speeds
Withdrawal speeds vary by operator and method. PayPal and Venmo typically clear within 24 hours. ACH/online banking takes 24-72 hours. Wire transfers are slowest at 3-5 business days but support the largest amounts.