FanDuel Colorado Sportsbook Review: $200 Bonus( April, 2025)

FanDuel Sportsbook is one of the premier sports betting operators in the U.S. They entered the Colorado market on May 1, 2020, and have been growing since. FanDuel originally began operations in 2009 when they were a daily fantasy sports company. Since then, they have grown into a sportsbook and online casino operator with over ten million users.

FanDuel Colorado Sportsbook Promo Code

When you sign-up for Colorado, FanDuel is giving you a $200 bonus after an initial $5 wager. To claim this bonus, individuals will need to make a minimum deposit of $10.

FanDuel Colorado Promo Code	FanDuel Promo Code Details
Colorado Promo Code	None Needed - Click Link
FanDuel Bonus	Bet $5, Get $200
FanDuel Bonus Terms	Wager $5, Receive $200 In Bonus Bets
How to Redeem	First-time depositors only, click link, register an account
Colorado Edibility	21yrs+, must verify you are in CO.

There are no requirements to earn this no sweat first bet outside of being a new user. Everyone who signs up for FanDuel using the links and banners on this page will receive the bonus.

Although there is no deposit bonus for new FanDuel customers, they do give player-friendly bonus bets you can use during your first few days of playing.

How to Bet on FanDuel Sportsbook in Colorado

To bet on FanDuel, you will first want to click on the link above and download the mobile betting app or register online. After that, you can sign-up by creating a username and password and putting in some other information for the account. Sign-up should take less than five minutes. After that, you can make your first deposit, place your first wager, and earn the $200 in bonus bets.

You will be able to bet with FanDuel right away once you deposit your money. Whenever you want to place your no sweat first bet, all you have to do is find a sport and a game to bet. Once you find one, in the bet slip, you will see bonuses. You click on bonuses and click on the bonus bet that will in waiting for you. Hit submit, and you will have your first bet placed on FanDuel.

FanDuel Colorado Sportsbook App Review

The FanDuel Sportsbook is awesome and very simple to use. FanDuel has an app designed to look very modern and aesthetically pleasing for anyone to use. At the top of the FanDuel screen, you will see a place for you to sign-in at along with the different promotions they are offering.

The promotions FanDuel offers vary from odds boosts, refer a friend bonus, parlay insurance, player prop boosts, and more. FanDuel has mainstream U.S. sports like the NFL and NBA, but they also have Australian Rules Football, Cycling, table tennis, and more.

All you have to do is find the sport you want to be on, then click on the link, and FanDuel will take you to a page of everything you can bet on for that sport. FanDuel has traditional bets like point spreads and totals, but they also have prop bets and futures for a majority of the sports they offer.

The FanDuel Sportsbook app is organized very well for you to place bets. On the left-hand side, they have the whole list of every sport you could bet on through their platform. Once you figure out what sport you want to bet on, every bet will populate in the middle of the screen for you to scroll through and bet. The right-hand side of the screen shows your bet slip. Once you place your bet, it will appear on the bet slip on the right where you can place said bet.

They also separate pre-game bets, in-game bets, promotions, and FanDuel Casino, so you can narrow down on the section you want to go through. FanDuel makes the app convenient for you to move through.

You can also download the app for your IOS or Android. It is also compatible with your phone and tablet, and you can also set a PIN for your account once you are sign-up. This allows you not to have to put in your username and password every time you log in.

FanDuel also knows how important it is to deposit and withdraw money quickly. They give you plenty of options to deposit money into your account. However, FanDuel has told customers that some banks have charged people fees for depositing money using a debit or credit card. Using a bank transfer has been the best way, along with eCheck, PayPal, wire transfer, and more. FanDuel has a minimum $10 deposit.

Although there is a more limited section to use for withdrawing your money, FanDuel still makes it convenient to do so. You can withdraw your money using a FanDuel prepaid card, eCheck, Check, or PayPal. Depending on your withdrawal method, you will have to wait at least 48 hours before your money is deposited to you.

FanDuel Colorado FAQ

• Is FanDuel available in Colorado?
• What is the FanDuel sign-up bonus?
• Does FanDuel have mobile betting?
• Can I Use FanDuel outside of Colorado?
• How do I cash out?
• Can I cancel a bet once it’s place?

Competition in Colorado

The Centennial State will be a popular destination for sportsbooks, which should create a lot of competition. Since the launch of sports betting, Colorado has seen 14 sportsbooks enter in the first 136 days. This is just the beginning as more are expected to enter the Colorado market over the next few years.

When it comes to sportsbooks, FanDuel is one of the best brands in the U.S. They should be a big player in Colorado with being one of the earliest entrance and being one of the most popular. The Centennial State will also see DraftKings, Points bet, and Barstool Sportsbook as some of the other top names in Colorado.

PointsBet is opening a headquarters in Denver over the next year. DraftKings is FanDue’s biggest competitor, and Barstool just launched its betting app in Pennsylvania and will be looking to expand to Colorado shortly.

FanDuel has set itself up in a prime location for taking bets in-person. They have a partnership with Golden Gates Casino in Black Hawk, 34 miles west of Denver. FanDuel’s location allows them to also bring in retail bets from anyone traveling to the casino from the city.

One of the biggest advantages FanDuel has in Colorado is partnering with the Denver Broncos. The multi-year partnership was formed in July and will benefit Broncos fans that use their platform to place bets.

Colorado Sports Betting Timeline

Sports betting in Colorado launched on May 1, 2020. However, the process began roughly a year earlier in 2019. In July of 2019, the Centennial State proposed and approved a sports betting bill to bring the new industry to Colorado. Lawmakers decided that Colorado citizens would vote whether or not the state would legalize sports betting.

To get sports betting legalized, Colorado would need at least one million residents to say “Yes” to the new bill. In November 2019, 1.3 million people voted, and sports betting passed by a few thousand voted. Under Colorado law, the state had to vote because the new law would increase taxes throughout the state. With sports betting increasing Colorado taxes, the Centennial state voted on it.

May 1 was the set launch date for Colorado giving sports betting operators enough time to prepare. Four sportsbooks launched on day one, including FanDuel, and the state has seen rapid growth in the early stages of legalized sports betting. What has made Colorado an attractive location is the low taxes and entry fees, allowing sports betting operators to enter with how a hassle.

In the Centennial State, the tax rate on net proceeds of sports betting revenue is 10 percent. The taxes help pay the state’s water fund along with other purposes. A six percent hold is placed on the taxes, and that helps sports betting operators who are struggling in the state compensate for the losses they suffered in recent months.

With the state giving themselves a six-month window before launch, Colorado made sure the rules and regulations were best suited for both parties. Sportsbooks were also able to have enough time to set up on the first day of launch instead of scrambling.

The Colorado operation looked promising for a May launch until the coronavirus broke out in the U.S. Sportsbooks still went live on May 1, but the sports world was at its lowest during this, which hurt the launch of sports betting. However, Colorado saw a strong first month even when the pandemic hit the sports world the worst and showed a lot of promise moving forward.

Denver Sports Futures Bet

Bet: Broncos Over 5.5 Wins (-120)

This bet comes in season and should be able to hit in 2020. The Broncos have already faced many injuries that have set this team back, including Von Miller and Courtland Sutton, for the season. Drew Lock is also out for a month, and Blake Bortles was signed to take his place until he comes back. However, the Broncos are still good enough to win six games in 2020. They do have a favorable schedule and weapons on the offensive side of the ball. Although the secondary is young, they should keep Denver in games for the remainder of the year. As long as Lock can come back sooner than later, then 5.5 wins seem very manageable for a team that is off to a slow start in 2020.