Side-by-Side
BetMGM vs BetMonarch
A direct comparison of two Colorado-licensed sportsbooks. Both operators are regulated by the Colorado Division of Gaming.
Option A
BetMGM
★★★★☆Up to $1,500 Back
Highest Bonus VS
Option B BetMonarch
★★★★☆Welcome Offer
Local Operator Head-to-head comparison
| Attribute | BetMGM | BetMonarch |
|---|---|---|
| Overall rating | 4.7/5 | 4.2/5 |
| Welcome bonus | Up to $1,500 Back | Welcome Offer |
| Bonus condition | If first bet loses | Varies by promo |
| Promo code | BETINCO | No code required; use links |
| Minimum deposit | $10 | $10 |
| Withdrawal speed | 24-72 hrs | 24-72 hrs |
| App rating | 4.7 ★ | 4.0 ★ |
| Launched in CO | May 2020 | 2022 |
| Retail partner | The Lodge Casino, Black Hawk | Monarch Casino Black Hawk |
| Payment methods | Online Banking, Debit Card, PayPal, Skrill, Play+ Card | Online Banking, Debit Card, Play+ Card |
BetMGM pros
- Largest first-bet offer in Colorado
- Tier credits earn at MGM properties nationwide
- Strong parlay and One Game Parlay options
BetMGM cons
- Higher minimum deposit than DraftKings or FanDuel
- Live betting interface lags top competitors
BetMonarch pros
- Locally-focused brand tied to Monarch Casino in Black Hawk
- Loyalty connects to retail casino comps
- Personal customer service
BetMonarch cons
- Smaller market depth than national operators
- Lower app rating
- Fewer promotions
Verdict
Across our scoring rubric, BetMGM edges BetMonarch with a 4.7/5 rating versus 4.2/5. BetMGM is the loyalty play in Colorado; every bet earns MGM Rewards Tier Credits redeemable at MGM resorts in Las Vegas, Detroit and elsewhere. The first-bet offer is one of the largest in the state, and the NFL market depth is strong, especially for Broncos and division games.
Best move: try both. Welcome offers are one-time, so claiming each operator's promo lets you compare apps with real money before settling in.
Must be 21+ and physically located in Colorado. Gambling problem? Call 1-800-GAMBLER or the Colorado Crisis Services line at 1-800-522-4700.