BetMGM Colorado Promo Code & Review – $1500 First Bet Safety Net Bonus

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4.5

BetMGM Sportsbook

Bonus
Up to $1,500 first bet offer
If your first bet loses

Must be physically present in OH and 21+ to participate. T&Cs apply. Gambling problem? Call 1-800-NEXT-STEP  

BetMGM is one of the trusted online sportsbooks in the state. With the BetMGM Colorado promo code, new users can get $1500 back after their first bet. With our review, you will learn more about the bonus and the exciting features presented at BetMGM.

BetMGM CO – Pros, Cons & Overall Verdict

Below we have compiled a list of pros and cons to help you decide whether to bet at BetMGM Colorado. These are the results of our testing of the sportsbook. Use this list to quickly determine if BetMGM Colorado is the right sportsbook for your betting needs.

Pros
Cons

High-paying welcome bonus

Niche sports are lacking

Excellent Rockies and Broncos markets

Partial cash-out is not offered

Spread odds and totals are competitive

Limited withdrawal options

Top-rated loyalty program

Props and moneylines odds are not as competitive

Pros

High-paying welcome bonus

Excellent Rockies and Broncos markets

Spread odds and totals are competitive

Top-rated loyalty program

Cons

Niche sports are lacking

Partial cash-out is not offered

Limited withdrawal options

Props and moneylines odds are not as competitive

Colorado BetMGM Promo Code & Bonus Details – September 2025

All new users creating an account at this site will benefit from the BetMGM Colorado sign up bonus. With this, you must deposit $10 and place the first bet. If that bet loses, BetMGM will credit your account with a 100% bonus.

The match will be equal to the amount of your first wager. With a chance to get $1500 back, this is a great way to get started. Any winning bet will simply result in the collection of the payout.

We compared the BetMGM offer to the FanDuel CO bonus. At FanDuel, there is a Bet $5, Get $300 bonus. BetMGM provides more value, especially if you are making a larger first wager.

BetMGM CO Sign-Up Bonus

$1500 First Bet Bonus

BetMGM CO Promo Code

BETMGMBONUS – Click to Claim

Bonus Payout

100% of the bet amount

Wagering Req.

1x Wagering on bonus bets

Bonus Expiry

7 Days after issuance

Minimum Deposit

$5

Legal in Colorado

Yes, Colorado Division of Gaming

Available States

AZ, CO, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, NC, OH, PA, PR, TN, VA, WV, WY

Mobile Apps

iOS & Android

Offer Verified

Sep 09, 2025

Offer Expires

Ongoing

Overall Rating

4.8/5.0

How to Claim the CO BetMGM Sign-Up Bonus

The BetMGM Colorado bonus is easy to claim. New customers will have to open a new account and follow the steps below to redeem the latest sign up offer.

  1. Visit BetMGM CO using our link.
  2. Create a new account.
  3. Enter the BetMGM promo code (BETMGMBONUS).
  4. Deposit $10 or more.
  5. Place a $10 qualifying wager.
  6. Get bonus funds if the bet loses.

We found the process of creating an account to be fast and simple. In just a few minutes, we were able to open an account and place our first wager on the Colorado Rockies.

Comparing the Top Sportsbook Promos in Colorado

With legalized online betting in CO, you will find rewarding sportsbook promos at leading sites. As part of our BetMGM review in Colorado, we have compared the current welcome offer with those offered at competing sites.

Below, you can see the different bonuses that can be claimed when you register with one of these licensed sportsbooks.

SportsbookWelcome BonusMin. depositWagering Req
BetMGMGet up to $1,500 Paid Back in Bonus Bets if You Don’t Win$101x
FanDuelBet $5, Get $300 in Bonus Bets if You Win$51x
CaesarsBet $1, Double Your Winnings on Your Next 20 Wagers$101x
DraftKingsBet $5, Get $200 in Bonus Bets Instantly$51x
FanaticsBet $10, Get up to $1,000 in No Sweat Bets$101x

BetMGM Promo Codes for Existing Users

One of the benefits of signing up with BetMGM Colorado is the offering of ongoing bonuses. BetMGM Colorado offers a catalogue of ongoing promotions to existing users.

Every user can redeem any promotion listed at the sportsbook. The promos at BetMGM are updated regularly. Be sure to check in to find special offers for NFL betting Colorado, daily offers, and bonuses that can boost odds. All promos at BetMGM can be used in your preferred sports, so you can wager on the Broncos, Avalanche, and Nuggets.

We took time to check the current promotions at BetMGM. We found that BetMGM does offer several bonuses for college betting. If you are a fan of Colorado State or the Colorado Buffaloes, these bonuses will be valuable.

BetMGM Best Bonuses

  • College Football – Parlay Boost Token
  • US Open Odds Boost
  • No Sweat Parlay Token – Receive stakes back on college football bets

BetMGM Odds Boosts and Daily Specials

Some of the best Colorado sportsbook promos can be claimed at BetMGM. With the daily odds boosts, you can earn more when placing wagers. This site also has frequent boosts for parlay bets and same-game parlays.

One of the top bonuses is the Lion’s Boost. This is a daily odds boost that increases original odds, offering a chance to win more.

Loyalty Program and Rewards

The BetMGM rewards program is open to all users. You are automatically enrolled when you register. As you place wagers, you will earn Rewards Points and Tier Points. Rewards points can be redeemed in the store for online bonuses.

MGM Rewards Colorado points can also be redeemed at MGM Resorts. The Tier Points are used to advance in the levels of the program. This program is similar to the tiered reward at Caesars CO.

Both loyalty programs offer great incentives, including bonus bets, account managers, and special promotional offers.

Seasonal and Event-Specific Offers

Watch for BetMGM Colorado promo code deals for seasonal sports and events. College football attracts many bettors, and BetMGM has multiple promos for wagers placed on college games. We also found the site to provide odds boosts and bonus bets during March Madness.

BetMGM Sportsbook App & Live Betting in Colorado

Use the BetMGM Colorado app for placing bets on your mobile device. There is an Android and iOS app that can be downloaded for free. Both of these provide fast access to the sportsbook, and you can enjoy all features.

The app provides simple navigation, and you will easily be able to locate sports and events. As one of the best sports betting apps in Colorado, you will enjoy fast loading times and a solid connection.

Score in the App Store

4.8 stars from 200,000 reviews

Score in Google Play

4.3 stars from 36,000 reviews

BetMGM Mobile App Experience

We tested the BetMGM app with different devices and our experience was positive each time. The site loads quickly, and we were able to quickly locate specific sports and games.

We experienced no lag when placing bets. The app provides betting options for all major sports, though some lesser-known sports are missing. The DraftKings Colorado app is a good alternative. This app has more niche sports, perfect if you like to bet on lacrosse, cricket, or Aussie football.

BetMGM Live Betting Experience

Live betting is available with a BetMGM account. We placed many live bets and found a robust menu offered. The site features Edit My Bet, which allows existing parlays to be edited. There is also live streaming for certain events, such as tennis and international soccer matches.

Fans of the Denver Broncos will benefit from the newly added Live SGP+ option. This was introduced for the 2025 NFL season. The streaming service is adequate, but we did find better options at bet365 Colorado. Here, you will find events that expand beyond soccer and tennis.

BetMGM Betting Markets & Odds Quality

There are competitive market odds for all major sports at BetMGM. You can use your BetMGM CO promo code to place wagers on the NFL, NBA, MLB, and NHL and get great odds. The sportsbook is best known for spread and totals odds.

We did find that prop bets and moneyline odds are not as competitive as other sites like BetRivers. At BetRivers CO, there is a deeper menu of prop bets, especially when placing wagers on niche markets.

Sports and Leagues Available at BetMGM CO

When placing bets through BetMGM, you will have a huge selection of sports and leagues. While the site does focus on major sports, you will find options for over 20 markets. Some of the more popular sports featured at BetMGM include:

  • Football – NFL and College football
  • Soccer – US and international teams
  • Basketball – NBA and College basketball
  • Hockey – NHL
  • Baseball – MBA
  • MMA
  • Tennis

Each sport has different available bets. These will be presented once you have selected a sport and a certain game.

Here are the types of bets that can be placed at BetMGM using bonus funds or funds that have been deposited:

  • Moneyline
  • Spreads
  • Totals
  • Parlays
  • SGP
  • Teasers
  • Futures
  • Props

Is College Betting Allowed in Colorado?

If you are a fan of college sports, you will be able to place bets on teams in Colorado when wagering at BetMGM. Colorado laws allow college wagers to be placed on any team. The only restriction is that no player prop bets are accepted.

Odds Competitiveness for CO Teams

BetMGM generally has good odds for bets placed on Colorado sports teams. We compared some of the odds to other sportsbooks and found BetMGM to offer equal or slightly better odds.

If you are placing futures bets on the NFL, the odds vary at different sites. For example, the odds for the Brincos to win the Super Bowl are +2500 at BetMGM and +2200 at FanDuel.

Banking Options at BetMGM Sportsbook CO

This sportsbook provides several banking options that can safely be used to conduct transactions. Whether you are redeeming a BetMGM promo code in Colorado or just making a deposit, you will benefit from fast and secure processing.

All deposits at BetMGM have a $10 minimum requirement. Transactions can be conducted at any time using the desktop platform or the BetMGM Colorado app.

Deposit Methods in CO

Deposits are easy to conduct at BetMGM. Once you have logged in, visit the site cashier. Here, you will see a list of methods that are supported. Select one, enter any required details, and choose a deposit amount.

All deposits will be processed instantly, and BetMGM will not charge any fees for the transaction.

Method

Min – Max

Speed

Debit Card

$10 – $8K

Instant

PayPal/Venmo

$10 – $50K

Instant

Online Banking

$10 – $25K

Instant

Venmo

$10 – $2,999

Instant

PayNearMe

$10 – $500

Instant

VIP Preferred

$10-$15k

Instant

BetMGM Play+

$10 – no limit

Instant

Apple Pay

$10 – $4500

Instant

Withdrawal Process and Timeframes in CO

When requesting a withdrawal from your account, BetMGM will review and approve the request within 48 hours. The money will then be sent using the selected withdrawal option. Each method has different processing times, as displayed in the table below.

We found withdrawals to be processed faster than the listed times. When we withdrew using PayPal, we received funds in 2 hours.

Method

Min – Max

Speed

Online Banking

$20 – $50,000

2 – 4 days

Debit Card

$20 – $25,000

1 – 3 days

Apple Pay

$20 – no limit

24 – 72 hours

Bank Transfer

$20 – $8000

1 – 4 hours

PayPal

$20 – $8000

24 hours

BetMGM Customer Support for Colorado Bettors

If you ever have any issues while visiting the BetMGM sportsbook in Colorado, the support team is available to help. Here, you can connect with trained team members who can answer any questions. The following methods can be used on a desktop or mobile device:

  • Live Chat – Available 24/7
  • Email – Send inquiries to [email protected]          
  • Phone – 11 am to 8 PM EST 719-297-9169

We tested the speed of support and found live chat to offer a response in less than 5 minutes. Email inquiries may take 24 hours for a response to be received.

BetMGM Sportsbook Security and Trustworthiness

In 2020, it became legal for sportsbooks in Colorado to operate. Since then, multiple sites have launched. BetMGM is known to provide a safe and secure environment. As a recognized brand, this sportsbook takes all precautions.

Using new technology, BetMGM provides player privacy. This site is partnered with Midnight Rose Hotel and Casino. This allows for online and in-person betting using the same BetMGM account.

Licensing and Regulation in Colorado

As a new bettor, you may be asking if BetMGM is legal in Colorado. When you visit BetMGM Colorado, you will immediately know it is a reputable site. It is licensed by the Colorado Division of Gaming and adheres to state regulations.

The sportsbook will verify the age and location of all users. By being a licensed sportsbook, BetMGM offers protection for your personal and financial information.

Responsible Gambling at BetMGM Sportsbook

As a registered user at BetMGM, there is a responsible gambling page available. Here, you can learn about tools and services offered by BetMGM as well as resources for responsible gambling in Colorado.

The page can be visited using any desktop or mobile device and will provide signs of gambling problems, tools for managing accounts, and available resources for Colorado gamblers.

Setting Limits and Self-Exclusion

To remain responsible while betting at BetMGM, you can set limits on your account. This can be done by contacting the support team. They can help set deposit, session, and wagering limits. These can all help prevent gambling problems. If you need a break from betting, you can use a cooling-off period. This will temporarily suspend access to the account.

Self-exclusion is an option, and this is provided by the Colorado Division of Gaming Self-Exclusion Program. With this, you will be excluded from all wagering activities in the state. The time period lasts for 1, 3, or 5 years.

BetMGM also provides a list of resources that can offer help with a gambling problem.

Recognizing Problem Gambling

To help you from being at risk of a gambling problem, it is important to be aware of the signs. Any of the signs below can indicate the start of a problem.

Here are some of the key signs of problem gambling:

  • Missing time from work to gamble.
  • Stealing or borrowing money to gamble.
  • Neglecting family or work.
  • Gambling more to chase losses.
  • Lying about gambling activities.
  • Feelings of depression or suicidal thoughts.

My Final Verdict on BetMGM Sportsbook

BetMGM Colorado is a trustworthy site that provides many betting markets. As fans of the Broncos, Rockies, and Nuggets, you will find competitive odds and valuable bonus offers.

We found the bonus at BetMGM to be one of the best in Colorado. After testing the site for days, we can recommend BetMGM to bettors in CO.

BetMGM may not have as many niche sports or prop bets as other sites, but the standard betting options cover all major sports. We also found the moneyline odds to be slightly better than competitors.

We give the sportsbook a 4.7/5 rating and feel it is one of the more reliable sportsbooks available.

What Do Other Bettors Think of BetMGM?

Bo. – 5/5⭐ – April 17, 2024

“One of the best sportsbooks around, had a positive experience every day I logged in.”

David Hammond – 4/5 ⭐ – Mar 16, 2024

This company has received many bad reviews on social media, but personally, I have nothing to complain about, really. No issues with bonus bets or with deposits and withdrawals. The only thing that doesn’t give them 5 stars is that the site slows down massively in busy periods and can be hard to get a stable connection on.”

BetMGM Sportsbook Promo Code FAQs

What is the current promo code for BetMGM in Colorado?

The current BetMGM promo code is: BETMGMBONUS.

Is BetMGM Sportsbook legal and safe to use in Colorado?

BetMGM operates with a license from the Colorado Division of Gaming. It operates legally, adhering to all state gambling laws.

What is the minimum deposit to claim the BetMGM bonus?

A minimum deposit of $10 is required to take advantage of the latest sign-up promotion.

Can I bet on Colorado State on BetMGM in Colorado?

Colorado State, the Buffaloes, and the Denver Pioneers are all betting options at BetMGM. You can wager on in-state and out-of-state college teams. Keep in mind that Colorado does prohibit prop bets on college athletes.

Does BetMGM have a retail sportsbook location in Colorado?

Yes. The online sportsbook is partnered with the Midnight Rose Hotel. Here, you can place bets in person at betting windows and self-serve kiosks.

How long do withdrawals take at BetMGM Sportsbook?

The initial verification on the first withdrawal can take up to 5 days. After that, withdrawals will be processed within 48 hours. You can receive funds in less than 24 hours with supported methods.

Jenn Clarke, a research-driven writer with 15+ years of experience in gambling, specializes in sports betting and online casinos. A passionate New Englander, she supports Boston’s teams, channeling that enthusiasm into informative content. Having worked with multiple companies, she brings trusted insights on betting and responsible gambling, combining creativity with her expertise.