Limited-Time DraftKings Colorado Promo: Get $200 Bonus Bets Before It Expires

The NFL Draft is fast approaching and the Broncos are expected to make a big move to add a quarterback to their roster shortly.

Ahead of that, DraftKings is giving Colorado residents the best signing bonus in the business, $200 in bonus bets guaranteed PLUS a daily no-sweat same-game parlay for any NBA Playoff game while this offer lasts.

Read more to learn how you can unlock these guaranteed bonuses in an instant with just a $5 bet this week.

DraftKings Colorado Promo Code Details 

How to Claim DraftKings Promo in Colorado

Here’s how you can claim your bonuses at DraftKings today:

1. Click this link to sign up with DraftKings Sportsbook (no promo code needed)
2. Deposit $10 or more
3. Bet $5 or more on any game 

That’s it! 

You’ll instantly win your bonuses as long as you meet the minimum requirements of a $10 deposit and a $5 first bet – even if your first wager doesn’t win.

What Are DraftKings Bonus Bets? 

Your DraftKings bonus bets will arrive in the form of eight $25 bet credits you can use to wager on sports instead of risking your own money.

If you win a bet you placed with bonus funds, your winnings will be real cash that you can either withdraw or use for more wagers.

However, you should note that the value of your bonus won’t be returned to you when wagering (win or lose) since it’s house credit.

For example, if you bet on a wager with +200 odds with a $25 bonus credit and it wins, you’ll get $50 in withdrawable cash!

Bonus bets can't be withdrawn from your account.

How to Use DraftKings Bonus Bets

You’ll see an option to apply your bonus credit to any bet in your bet slip as long as you have bonus credits remaining at DraftKings.

It’s simple. Find your best bet and click on it to add it to your bet slip. Then, look for that bonus option and click it to apply it to the stake of your wager.

Then place the bet and root for it to win!

You can use your bonus credits on any wager in any sport, but they expire seven days from the day you receive them, so make sure you spend yours within a week.

What's a No-Sweat Same-Game Parlay?

A same-game parlay is a combination of bets from one game. All of your bets need to win in order for you to win your SGP.

For instance, you could bet on the spread + a player prop and over/under the total points.

The no-sweat part is simple. If you lose your SGP, you'll get a bonus-bet refund up to an amount determined by DraftKings.

Is Sports Betting Legal in Colorado?

Yes, online sports betting has been legal in Colorado since May, 2020.

Is DraftKings Legit in Colorado? 

Yes, DraftKings is one of the most popular sportsbooks in the nation and it’s a go-to option for tons of sports bettors in Colorado.

It has years of experience as one of the best sportsbooks in the industry and a strong reputation of reliability backing it up.

Is DraftKings Legal in Colorado?

Yes, DraftKings is licensed and regulated as a legal sportsbook in Colorado.

Can I Bet on College Sports in Colorado?

Yes, you can bet on college sports in Colorado, including in-state teams, but you cannot bet on college player props per state gaming regulations. 

What is the Best Colorado Sportsbook?

Colorado sports fans have access to all of the best sportsbooks, and it’s up to you to determine which one is your favorite since it’s a matter of personal preference.

DraftKings is definitely one of the best places to start.

It has the best sign-up bonus in Colorado, tons of unique features and betting lines and a highly rated app that allows you to bet on-the-go. 

But that doesn’t mean you should stop there.

Signing up with several sportsbooks puts the power in your hands – allowing you to always bet with the best odds and giving you a chance to cash in BIG with tons of bonus bets.

Best Colorado Sportsbook Bonus Promo

DraftKings undoubtedly has the top welcome bonus available in Colorado, but there’s a couple of other offers that are nearly as good!

Here are the other top sign-up bonuses available to you today in Colorado:

Game odds refresh periodically and are subject to change.