Colorado sports fans have many choices when it comes to online betting. With the growing popularity of sports wagering across the state, many people are asking about specific platforms.
But is BetMGM legal in Colorado? The short answer is yes, it is fully licensed and regulated. In this guide, we'll cover everything you need to know about BetMGM's operations in the Centennial State, from licensing to features to how it compares with other sportsbooks.
Understanding Colorado's Legal Sports Betting Landscape
Colorado voters approved sports betting in November 2019 by passing Proposition DD. Sports betting became legal in the state on May 1, 2020. This opened the door for companies like BetMGM to offer their services.
The Colorado Division of Gaming watches over all sports betting in the state. They create the rules, issue licenses, and ensure that all companies comply with the law. These rules protect you when you place bets.
Each betting company must team up with a casino, such as those in Black Hawk, Central City, or Cripple Creek. This setup helps the state keep track of all betting activities.
Money from sports betting taxes goes to water projects in Colorado. This was a big reason many people voted for Proposition DD. The state takes 10% of the money sportsbooks make to fund the Colorado Water Plan.
Colorado lets people bet both in person and online. This makes Colorado one of the best states for sports betting. About 95% of all bets in Colorado are placed on phones or computers.
So, Is BetMGM Legal in Colorado?
Yes, BetMGM is fully legal in Colorado. The BetMGM online sportsbook started on May 1, 2020, the first day betting became legal. They have a license from the Colorado Division of Gaming and follow all state rules.
BetMGM works with Midnight Rose Hotel and Casino in Cripple Creek. This partnership lets them offer both in-person and online betting across the state. Colorado BetMGM Sportsbook verifies your age and location to ensure everything is in compliance with the law.
The legal status of BetMGM means your money and personal information are safe. State laws protect you when you bet with licensed companies. These protections don't exist with offshore betting sites that operate outside U.S. laws.
BetMGM continues to invest in its Colorado operations. This shows they plan to stay in the state for a long time. They often add new betting options based on what Colorado bettors like.
What Makes BetMGM a Legitimate Option?
BetMGM is backed by MGM Resorts International, a big company that runs hotels and casinos around the world. This gives BetMGM financial strength and industry expertise that smaller betting sites might not have. When Colorado bettors ask "Is BetMGM legit?", this connection to an established gaming brand provides a clear answer.
BetMGM operates in many states where sports betting is legal. These include New Jersey, West Virginia, Illinois, Indiana, Iowa, Kansas, and others. This wide presence shows they know how to follow the rules in different states. Legal online sports betting with established companies like BetMGM is safer than using unlicensed offshore sites.
BetMGM also has official deals with pro sports leagues. They partner with the NFL, NHL, MLB, and NBA. These deals let them offer special betting options for big sporting events.
The company gets regular checkups from gaming authorities. These reviews make sure the odds are fair and that the company has enough money to pay winners. Unregulated betting sites don't get these checkups.
As one of the first betting sites in Colorado, BetMGM has built a good name with local bettors. Users often mention how easy it is to deposit and withdraw money. This good track record sets BetMGM apart from newer betting sites.
BetMGM Colorado Sportsbook: What It Offers
BetMGM Colorado has many features that make betting more fun. Here's what Colorado sports fans can enjoy:
- Odds Boosts: Daily better odds on popular games, giving you a chance to win more money.
- Competitive Lines: BetMGM offers good odds on most sports, especially for Denver teams like the Broncos and Avalanche.
- Bonus Bets: Regular free bets for loyal users, letting you place wagers without risking your own money.
- User-Friendly App: The betting app is easy to use, even if you're new to sports betting.
- BetMGM Rewards: Earn points when you bet that you can use for bonuses or perks at MGM hotels and casinos.
- Live Betting: Place bets during games with odds that change as the action happens.
- Cash Out Option: Take your money out early if a game isn't going well or you want to lock in a profit.
- Edit My Bet: A cool feature that lets you change your bet after you've placed it, but before the game ends.
BetMGM Welcome Bonus and Promotions
New BetMGM users can take advantage of an updated welcome bonus: Bet $10 and receive $150 in bonus bets if your first wager wins. This offer is accessible by signing up through one of our links and placing a qualifying bet of at least $10.
The $150 bonus is distributed as three $50 bonus bets, which must be used within seven days. Note that winnings from these bonus bets do not include the original stake.
BetMGM also offers ongoing promotions tailored to Colorado sports fans, including odds boosts and special offers for major events. Additionally, their referral program rewards both you and your friends with bonus bets when they sign up and place their first wager.
For more details and to claim your bonus, visit the BetMGM Colorado promotions.
BetMGM's Physical and Retail Presence in Colorado
While BetMGM is great online, they also have in-person betting in Colorado. Their retail sportsbook is at Midnight Rose Hotel and Casino in Cripple Creek.
Here are places where you can bet with BetMGM in person:
- Midnight Rose Hotel and Casino - In Cripple Creek, where you can place bets on your favorite sports.
- MGM Grand Casino Experience - Not in Colorado, but many Colorado residents visit MGM casinos when traveling.
- BetMGM Sportsbook Lounges - The company is adding more physical locations in its partner areas.
Betting in person gives you a social experience that online betting can't match. You can watch games on big screens while enjoying food and drinks with other fans. Staff members can help you place bets and answer questions.
For big events like the Super Bowl or March Madness, BetMGM retail spots often host special parties. These events have promotions only available to people who are there in person.
Another benefit of betting in person is receiving payment immediately. Online withdrawals usually take at least 24 hours, but retail locations can pay you immediately when you show your winning bet slip.
Accessing BetMGM: Devices and App Availability
Getting started with BetMGM in Colorado is easy. You can use the BetMGM Colorado app on iPhones and Android phones. Just download it from the Apple App Store or Google Play Store by searching for "BetMGM Sportsbook."
The mobile app has features made for betting on the go. You'll get alerts about new promotions or when your bets win. The app makes it easy to find games and place bets quickly, even during TV commercial breaks.
BetMGM often updates its app to make it better and add new features. Recent updates have improved live betting with faster odds updates and more in-game betting options. The app also lets you log in with your fingerprint or face for extra security and ease.
If you prefer to use a computer, you can visit the website using any web browser. The website has all the same features as the app, including live betting and account management. Both the app and website need to check your location to make sure you're in Colorado when placing bets.
Registration and Requirements for Colorado Users
Setting up a BetMGM sportsbook account in Colorado takes just a few minutes. Here's what you'll need to provide:
- Personal Information: Your name, address, email, and phone number
- Identity Verification: Last four digits of your Social Security Number
- Age Verification: Must be at least 21 years old to legally bet
- Location Verification: Must be physically present in Colorado to place bets (enforced throu geolocation technology)
After registration, you'll need to set up payment methods. BetMGM Colorado accepts several options:
- Credit/Debit Cards: Visa, Mastercard, Discover
- E-Wallets: PayPal, Skrill
- Online Banking: Direct bank transfers
- Prepaid Cards: BetMGM Play+ card
- Cash Options: PayNearMe at local retailers
For security purposes, you should:
- Create a strong password with mixed characters
- Set up two-factor authentication for extra protection
- Keep your account details private and secure
Once your account is verified, you can customize your settings to match your preferences:
- Set deposit limits to manage your budget
- Create favorites lists for teams and betting markets
- Choose notification settings for promotions and results
- Opt in or out of marketing communications
Taking time to personalize these options creates a better betting experience tailored just for you. The entire registration process is designed to be user-friendly while ensuring compliance with Colorado gaming regulations.
BetMGM vs. Other Online Sportsbooks in Colorado
The Colorado sportsbook market is competitive, with several big companies trying to win your business. Let's see how BetMGM compares to other top options.
FanDuel
FanDuel has a different feel compared to BetMGM. Many bettors like FanDuel's clean design and same-game parlay builder. However, BetMGM often has better odds on hockey games and a more rewarding loyalty program. FanDuel tends to offer smaller, more frequent bonuses rather than the larger first-bet offer from BetMGM.
The FanDuel app loads quickly on phones, making it good for in-game betting. But BetMGM's edit bet feature gives you more flexibility to change your wagers as games progress. Both platforms have good customer service, with BetMGM offering 24/7 support while FanDuell has more limited hours.
FanDuel focuses more on daily fantasy sports, while BetMGM highlights its casino rewards. Your preference between these approaches might help you decide which platform is better for you.
Draftkings
Draftkings and BetMGM offer similar betting options, but their mobile apps have distinct designs and user experiences. DraftKings has a darker design that ties in with its fantasy sports offerings. BetMGM's app usually loads faster for live betting, which matters when odds change quickly. DraftKings has good social features that let you compete with friends, while BetMGM offers a more traditional betting experience.
For promotions, Draftkings often boosts odds for Denver sports teams. BetMGM counters with its parlay builder that usually pays better for multi-leg bets. Getting your money out tends to be faster on BetMGM, with most payment methods processing within 24 hours.
Draftkings offers more betting pools and contests, especially during big tournaments. BetMGM focuses more on traditional sports betting with good odds. Your betting style will determine which approach you prefer.
Caesars Sportsbook
Caesars Sportsbook, like BetMGM, is tied to a major casino brand. This gives both sites a high trust factor. Caesars sometimes has slightly better odds on baseball games, especially for Colorado Rockies matchups. However, BetMGM Colorado features like odds boosts happen more often and cover more types of bets. Both platforms let you play casino games in states where it's legal, though this isn't allowed in Colorado yet.
The Caesars rewards program connects directly to its hotels and resorts, similar to BetMGM Rewards. Both programs let you earn points through sports betting that you can use for real-world experiences. BetMGM usually offers more sports-specific rewards, while Caesars sportsbook focuses on hotel perks.
Customer service quality is similar between the two platforms, with both offering multiple ways to get help. BetMGM's mobile app tends to be more stable, with fewer crashes during busy betting times compared to the Caesars app.
Types of Bets Offered by BetMGM in Colorado
BetMGM Colorado offers many types of bets for sports fans:
- Moneyline Bets: Simply pick which team will win the game. This is the easiest bet for beginners.
- Point Spreads: Bet on whether a team will win by more than a certain number of points or lose by less than that number.
- Parlays: Combine multiple bets for higher potential payouts. All your picks must win for your bet slip to pay out.
- Live In-Game Betting: Place bets during the game with odds that change based on what's happening.
- Futures Bets: Bet on season-long outcomes like which team will win the championship or which player will win an award.
- Props: Bet on specific events within games, like which player will score first or how many passing yards a quarterback will throw.
- Teasers: Similar to parlays, but allow you to adjust the point spread in your favor, albeit with lower odds.
- Round Robins: Create multiple parlay combinations from your picks, giving you more chances to win.
Popular Sports and Teams Available for Betting
Colorado sports fans can bet on all their local teams through BetMGM. This includes the Denver Broncos (football), Denver Nuggets (basketball), Colorado Avalanche (hockey), and Colorado Rockies (baseball). College sports betting is also available for teams like the Colorado Buffaloes and Colorado State Rams.
Beyond local teams, BetMGM offers betting on all major sports leagues including the NFL, NBA, MLB, NHL, MLS, and UFC. You can also bet on international events like the English Premier League soccer and tennis Grand Slams. While horse racing isn't currently available on BetMGM in Colorado, they continue to add new betting options based on what users want and what regulations allow.
The betting experience for Denver sports teams includes special props and local promotions. During Broncos season, you'll find expanded betting markets for each game, including quarter-by-quarter scoring and player performance props. For Nuggets games, BetMGM offers unique basketball props like first basket scorer and team total points.
Colorado's outdoor sports culture shows up in BetMGM's offerings. During winter, you can find betting markets for major skiing and snowboarding competitions. These niche options show BetMGM's commitment to providing local betting opportunities for Colorado sports fans.
For soccer fans, Colorado Rapids matches have detailed betting options. You can bet on standard markets like match winner and total goals, plus specialized props like corner kicks and yellow cards. This depth of coverage extends to most major sporting events on the platform.
BetMGM Online Casino and Other Products
Besides sports betting, BetMGM offers online casino gaming in states where it's legal. Unfortunately, Colorado law does not currently allow online casino games, so this feature isn't available to Colorado users.
If you travel to states like New Jersey, Pennsylvania, or Michigan, you can access BetMGM casino with the same account. The casino offers slots, table games, and live dealer options. This connection with the wider MGM Resorts system adds value for travelers who visit MGM properties like MGM Grand or Bellagio. Colorado lawmakers continue to discuss expanding online gambling beyond sports betting, but no changes are coming soon.
While online poker isn't allowed in Colorado, BetMGM offers poker tournaments in states with legal online poker. The platform hosts daily tournaments with different buy-in levels and prize pools. These games use the same account and wallet as the sportsbook, making it easy to move between different betting activities where legally allowed.
The MGM Rewards program connects your online betting to real-world benefits. Points earned through sports betting can be used for hotel stays, dining credits, and entertainment at MGM properties across the country. This connection creates extra value for Colorado users who sometimes travel to casino destinations like Las Vegas.
BetMGM also partners with pro teams to offer exclusive experiences. These might include VIP tickets, meeting players, and behind-the-scenes tours. These opportunities are typically available through special promotions or by using loyalty points.
How to Place Wagers and Manage Your BetMGM Account
Getting started with BetMGM in Colorado is simple. Follow these steps to place your first bet:
- Download the App: Install the BetMGM sportsbook app from your device's app store or visit the website on a computer.
- Create an Account: Sign up using your personal information and set up security features.
- Make a Deposit: Add funds using methods like credit cards, PayPal, or online banking.
- Browse Markets: Look at available games and pick the sport you want to bet on.
- Place Your Wager: Choose your bet type, enter how much you want to bet, and check your bet slip before confirming.
- Manage Your Account: Use the app to track bets, withdraw winnings, and update your personal information.
Account management features give you control over your betting. You can view your betting history to see how you've done over time and identify which sports or bet types have been most successful. This information helps improve your betting strategy.
The cashier section lets you deposit funds and request withdrawals. BetMGM processes most withdrawal requests within 24 hours, though your bank may take more time to complete the transaction. Different payment methods have different processing times, with e-wallets like PayPal typically being fastest.
BetMGM's customer support team is available if you have any problems with your account. You can contact them through live chat, email, or phone. The help section also has detailed guides on betting rules, account features, and answers to common questions.
Responsible Gambling and Legal Oversight
BetMGM Colorado takes responsible gambling seriously. The platform offers several tools to help you keep control of your betting. These include:
- Deposit Limits: Set daily, weekly, or monthly caps on how much you can deposit
- Time Limits: Restrict how long you can use the app in a single session
- Reality Checks: Receive notifications showing how long you've been betting
- Self-Exclusion Options: Block access to your account for a set period if needed
- Cooling-Off Periods: Take short breaks from betting without full self-exclusion
The Colorado Division of Gaming provides oversight and requires all licensed operators to promote responsible gambling. They work with groups like the Problem Gambling Coalition of Colorado to ensure help is available for those who need it. BetMGM must follow these rules to keep their license in the state.
Setting personal limits before you start betting is a good idea. Decide how much money and time you can afford to spend on sports betting and stick to those limits. BetMGM's responsible gambling tools can help enforce these limits if you find it hard to maintain them on your own.
Warning signs of problem gambling include:
- Betting more than you can afford to lose
- Using gambling to escape from problems
- Chasing losses by betting more to win back money
- Neglecting responsibilities because of betting activities
- Lying to others about how much you gamble
- Borrowing money to fund your betting
If you notice these patterns, consider using the self-exclusion option or seeking professional help. BetMGM works with gambling addiction specialists to provide confidential support to users who need help. These services are free and can be accessed directly through the responsible gambling section of the website or app.
FAQs
Is BetMGM legal in Colorado?
Yes, BetMGM is fully legal in Colorado. It has a license from the Colorado Division of Gaming and launched on May 1, 2020, when sports betting became legal in the state. The platform follows all state rules and partners with a licensed casino as required by law.
Is BetMGM legit?
Yes, BetMGM is owned by MGM Resorts International, a publicly traded company with decades of experience in the gaming industry. BetMGM is licensed in multiple states and follows strict regulations.
Can I place bets if I'm not in Colorado?
No, you must be physically in Colorado to place bets on BetMGM Colorado. The platform uses location technology to verify you're in the state before allowing bets. If you travel to another state where BetMGM operates legally, you can use your same account to place bets there.
What is the current BetMGM promo offer?
The current welcome bonus for new BetMGM users in Colorado is a first bet offer up to $1,500. If your first bet loses, you'll get the amount back as bonus bets. You'll need to use the current BetMGM bonus code when signing up and make a qualifying deposit to get this offer. Terms and conditions apply.
Is there a BetMGM retail sportsbook in Colorado?
Yes, BetMGM operates a retail sportsbook through its partnership with Midnight Rose Hotel. This location lets you place in-person bets on your favorite sports and events. The retail experience includes betting windows and self-service kiosks.
Can I play online casino games with BetMGM in Colorado?
No, Colorado law currently does not allow online casino games. While BetMGM offers online casino gaming in states like New Jersey and Michigan, this feature isn't available to Colorado users. Sports betting remains the only form of online gambling legally available through BetMGM in Colorado at this time.
Is BetMGM a Smart Choice for Colorado Bettors?
BetMGM has become a leading legal option for sports betting in Colorado. With backing from MGM Resorts International, good odds, an easy-to-use platform, and generous promotions, it offers a complete betting experience for Colorado residents.
The legal status of BetMGM in Colorado means you can bet with confidence. Your money and personal information are protected by state laws. Whether you're betting on the Denver Broncos, Colorado Avalanche, or any other team, BetMGM provides a safe, legitimate way to add excitement to the games you love. With ongoing improvements to its betting markets and user experience, BetMGM remains a top choice for Colorado bettors.
Disclaimer: These sites are for people 18+ only. Online gambling comes with many risks. Players should only gamble with money that they can afford to lose, and make sure they are behaving responsibly when visiting an online casino. Gambling laws and policies vary from region to region. Some sites mentioned in this review may not be accessible in your area depending on laws and restrictions. Always do your due diligence and check your local gambling policies before visiting any of these sites. It is always better to be safe than sorry.
If you suspect you're becoming addicted to gambling, seek help immediately by contacting the National Gambling Helpline at 1-800-522-4700.
For free online gambling addiction resources, visit these organizations:
