Side-by-Side

BetMGM vs Sporttrade

A direct comparison of two Colorado-licensed sportsbooks. Both operators are regulated by the Colorado Division of Gaming.

Option A

BetMGM

★★★★☆ 4.7/5
Up to $1,500 Back
Highest Bonus
VS
Option B

Sporttrade

★★★★☆ 4.4/5
Exchange-Style Pricing
Exchange Model

Head-to-head comparison

AttributeBetMGMSporttrade
Overall rating4.7/54.4/5
Welcome bonusUp to $1,500 BackExchange-Style Pricing
Bonus conditionIf first bet losesTrade positions in-play
Promo codeBETINCON/A
Minimum deposit$10$10
Withdrawal speed24-72 hrs24-72 hrs
App rating4.7 ★4.3 ★
Launched in COMay 20202023
Retail partnerThe Lodge Casino, Black HawkHeld via Colorado license
Payment methodsOnline Banking, Debit Card, PayPal, Skrill, Play+ CardOnline Banking, Debit 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

Sporttrade pros

  • Exchange model means tighter spreads and you can sell positions in-play
  • No promotional bait-and-switch
  • Transparent commission

Sporttrade cons

  • Liquidity is thinner than traditional books on smaller markets
  • No casino or parlay product
  • Learning curve for first-timers

Verdict

Across our scoring rubric, BetMGM edges Sporttrade with a 4.7/5 rating versus 4.4/5. 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.

Read BetMGM review Read Sporttrade review
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.