DraftKings Colorado Sportsbook Review

DraftKings Sportsbook has become one of the premier betting sites in Colorado, which offers a great user experience for all levels of sports betting activity. The company started as a Daily Fantasy Sports site in 2012 and has evolved to be one of the top sports betting platforms in the U.S. The site offers bettors a vast range of sporting events, with various pre-game and live betting choices available.  

After having success as a top DFS provider, DraftKings launched its first online sportsbook in 2018 and later expanded into the online casino market. The DraftKings Sportsbook brand has a large presence in the online sports betting industry, holding betting licenses in over a dozen states and offering online casino gaming options in five others.

DraftKings Sportsbook is licensed by the Colorado Department of Gaming. Colorado doesn’t report the revenue from individual online providers but does post regular numbers on total state revenue. 

Online gaming revenue in Colorado has topped more than $8 billion since it was launched in 2020, providing the state with over $23 million in tax revenue. All online sportsbooks and casinos in Colorado pay a tax rate of 10% of their total revenue, which is one of the lowest tax rates in the country. 

DraftKings Colorado Features

DraftKings Sportsbook Colorado has many exciting features to improve the customer’s online betting experience:

• Live Betting: DraftKings online sportsbook offers its customers live betting options on various markets as the events take place. Live wagering is always more exciting than placing standard pre-game bets and waiting for the game result. Bettors can take advantage of various betting opportunities while the game progresses to maximize profits. 
• Mobile Betting Platform: Mobile users can have the same convenience and options as desktop users, including live betting and streaming. Bettors at DraftKings Sportsbook can access the site using a desktop computer or download the mobile app for iOS and Android devices.  
• Odds Boosts: DraftKings Colorado gives players a chance to take advantage of odds boosts in several professional sports markets, such as the NFL, MLB, and NBA. Events with this feature can be found by choosing the “Odds Boost” option from the main page before making a betting selection. 
• Single-game parlays: This new type of wager is gaining in popularity in the U.S. market. This option is available on a wide range of sports markets at DraftKings Colorado, which allows bettors to combine moneylines, totals, and other wagers into one bet. Players can view their bet slip at the right side of the page as they build their parlay. 

Active States

DraftKings is one of the first providers to offer online sports betting and is available in various U.S. markets. The company also looks to expand into other markets as online betting becomes legal throughout the country. Besides Colorado, the states that currently offer DraftKings Sportsbook online are:

• Louisiana
• New York
• Arizona
• Indiana
• Illinois
• Iowa
• Michigan
• New Jersey
• Pennsylvania
• Tennessee
• Virginia
• West Virginia

Deposit and Withdrawal Methods

DraftKings Sportsbook online gives players various methods for making online deposits to their account:

• Major credit/debit cards 
• PayNearMe
• ACH/eCheck
• Online banking
• PayPal
• Bank wire transfer
• DraftKings Play+ Prepaid Card

The minimum online deposit is $10. 

DraftKings Colorado online also has various options to make withdrawals:

• ACH/echeck
• Online banking
• PayPal 
• DraftKings Play+ Prepaid Card
• Bank wire transfer

The minimum withdrawal online at DraftKings is $10. 

Sports Available

DraftKings Sportsbook has all the most popular betting markets for U.S. sports and a wide selection of international events in several other markets:

• NBA
• MLB
• NFL
• College Football
• College Basketball
• NHL
• Australian rules football
• Boxing
• Cricket
• Academy Awards
• Cycling
• Darts
• Esports
• Formula One
• Golf
• Lacrosse
• Handball
• MMA
• Rugby league
• Rugby union
• Snooker
• Soccer
• Table tennis
• Tennis
• Volleyball
• Winter sports

Ongoing Customer Promotions

DraftKings Sportsbook offers its players various ongoing promotions on the most popular sports markets to keep them coming back. Here’s what the provider is currently offering to its loyal customers:

Refer A Friend: Players can refer their friends to DraftKings online and get up to a $100 bonus bet. Players need to share their unique referral link and if their friends use it when they open an account and make their first deposit of at least $25. Players will receive between $25 and $100 in bonus bets depending on the amount the new player deposits.

MLB World Series Stepped Up SGPs: Bettors can receive bigger World Series same-game parlay boosts by increasing the number of legs. 

NBA No Sweat Bet: Players that bet on the NBA can get back bonus bets if their wager loses.

Maction Packed: Bettors in Colorado can opt into this promotion to receive three $25% profit boosts for betting on Mid-American Conference college football games. 

Daily Free-to-Play Pools: This free promotion lets players climb the leaderboard to win cash prizes in the daily free-to-play pool.

UCL Stepped Up SGP: Players can get a 100% profit boost for the UEFA Champions League. They can earn profit boosts for each additional leg of a UCL parlay.