BetMGM Colorado Bonus Code – ODDS100 | $1,000 Risk-Free Bet

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Use BetMGM CO Bonus Code ODDS100

Editorial Rating

5/5

Deposit Methods

Key Features

BetMGM CO Bonus Code

BetMGM CO bonus code ODDS100 gives you access to a risk-free bet up to $1,000

BetMGM is one of our vetted sportsbook partners. If you sign up for BetMGM through one of our links, we may receive compensation. This allows us to keep this site free and doesn't affect our ratings or opinions in any way.

With a presence in nearly every state where sports betting is legal, BetMGM is easily one of the top books in the country. It was founded in July 2018 as a partnership between industry giants MGM Resorts and Entain and quickly became a staple in the nation's sports betting landscape. It’s currently available in 17 states, including Colorado. 

In this guide, we go over the BetMGM Colorado bonus code and sign up bonus, how it stacks up to other Colorado sportsbooks, and everything else you need to know to decide whether BetMGM CO is right for you.

BetMGM Colorado Bonus Code & Intro Promo

The BetMGM Colorado bonus for new customers is a risk-free bet of up to $1,000. If you lose your first bet, BetMGM will refund it in free bets. 

Use BetMGM CO bonus code ODDS100 to receive the promo. Access the $1,000 risk-free bet here.

Here's how to get the BetMGM CO promo:

  1. Click on this link to go to the BetMGM CO homepage. 
  2. Register for an account.
  3. Deposit $10 or more. Note that the bonus covers bets of up to $1,000, so if you want to max it out you should be deposit the full $1,000.
  4. Place your first bet. This is the one that is considered “risk-free”. Once your bet settles, there are two possible outcomes.
    1. The wager wins. Congrats! You receive your payout as usual and can withdraw your money right away.
    2. The wager loses. BetMGM will refund your original bet up to $1,000 with a free bet or multiple bets depending how much you wagered.

You may receive the refund either as one single bet (for bets up to $49) or in 5 free bets of 20% increments of your initial wager. For example, if you wager $1,000 and lose, you will receive 5 free $200 bets.

You can learn more about the BetMGM bonus code and intro promo here or read on to see the most important details.

>> Ready to join BetMGM CO? Sign up & access the $1,000 risk-free bet here

BetMGM CO Bonus Code & Promo Details

It’s recommended that you read the fine print that comes with the BetMGM promo before making any financial commitments. 

Here are key details to know: 

  • Time to use. The refunded free bets have a 7-day expiration date. If you receive them, be sure to use them within 7 days or they will be withdrawn from your account.
  • Playthrough requirement. You only have to bet the free bets once before you can withdraw the winnings. Some other sportsbooks make you bet bonus funds 2, 5, 10, or more times before you can withdraw the money, but not BetMGM.
  • Eligible markets. There aren’t any market restrictions attached to the intro promo. You can bet on heavy favorites, longshots, or anything in between—you’ll get refunded if you lose either way.

>> Ready to join BetMGM CO? Sign up & access the $1,000 risk-free bet here

BetMGM Sportsbook CO Review

BetMGM debuted in Colorado on May 1, 2020, as soon as the market opened up for business. It was licensed by the Colorado Limited Gaming Control Commission through a partnership with Midnight Rose Hotel and Casino, one of the three Triple Crown casinos in Cripple Creek. 

BetMGM is tied for our best overall sportsbook in Colorado. It offers great odds, a valuable sign up bonus, regular odds boosts and other ongoing promotions, and an intuitive user experience. Overall, if you are looking for a Colorado sportsbook to use, you can’t do much better than BetMGM CO, in our opinion.

On the rest of this page, you'll learn more about how BetMGM CO stacks up to the competition, ongoing promotions and odds boost they offer, the user experience on the app and website, and everything else you need to know to decide if it’s right for you.

Ratings by category

Overall Rating

5/5

Odds Competitiveness

5/5

Intro Promo

4.5/5

Promos & Odds Boosts

5/5

Sports & Bets Offered

5/5

User Interface

5/5

Deposits & Withdrawals

5/5

Customer Reviews

5/5

Education & Resources

5/5

Pros & Cons

BetMGM CO Odds Competitiveness

One of the best things about BetMGM CO is how competitive their odds are. They regularly offer some of the best odds of all the sportsbooks we've analyzed for most sports.

You can expect to see the standard -110 odds on most spread and total bets as well as competitive moneyline odds. You can learn more about how to read betting odds here.

Still, it's always smart to use at least a few sportsbooks so you can shop around for the best odds. This doesn't take much time but is important to become a profitable sports bettor over time.

>> Ready to join BetMGM CO? Sign up & access the $1,000 risk-free bet here

BetMGM CO Odds Boosts, & Promos Promotions, & Rewards Program

BetMGM Colorado offers a full range of seasonal promotions aimed at existing customers. Plus, it provides regular odds boosts and runs a great loyalty program. 

Let’s check out each of these perks individually: 

BetMGM CO Odds Boosts

Daily odds boosts at BetMGM are marketed as “Lion’s Boosts” and are available for specific props in select leagues. A dedicated tab will appear under Events on the left-side menu if there’s an odds boost available for the chosen sport.  

As we were doing this review, BetMGM was offering -130 on the “76ers to win race to 10 points” props market, a +20 odds boost. Other odds increases that we encountered were also in the 20% to 25% spectrum, which is around the industry standard. 

BetMGM CO Promotions

This is where BetMGM outperforms most of its rivals. There are a few ongoing promos up for grabs at any given time. The sportsbook tends to kick things up a few notches during the playoffs of major leagues. This is when it usually unveils no-brainers, guarantees, and other unique offers that aren’t available otherwise. 

Here’s a snapshot of the recurring promos we’ve seen at BetMGM in Colorado: 

  • Get rewarded when your team moves on. Place a $10+ futures bet on an NBA team to win the 2020 Finals. Every time your team advances to the next round, you’ll get a risk-free betting token. 
  • The More the Merrier. For every friend you invite to BetMGM CO, you’ll get a $50 referral bonus. You can bring up to 20 friends, which equals $1,000 in promo bucks.
  • Get a $10 Free Bet Every Week. Place a total of $50 from Monday through Sunday, and you’ll receive a $10 free bet, provided that you opt into the Money Monday Club. 

BetMGM CO Rewards Program

Recently, BetMGM rebranded its M Life loyalty program as MGM Rewards. It’s a standard points-based program that rewards bettors for their play. 

After registering, you’ll be automatically enrolled as a Sapphire member. As you collect Tier Credits and move up the levels (Pearl, Gold, Platinum, and Noir), the benefits will improve. 

When you reach the VIP status, you’ll get advantages such as: 

  • Dedicated VIP manager 
  • Access to premium customer support 
  • Birthday free bets 
  • Personalized gifts 

You will earn MGM Rewards Tier Credits and BetMGM Rewards Points whenever you place a real-money bet. You gain points based on the type of wager you make: 

  • $100 on a straight bet = 20 Rewards Points and 20 Tier Credits 
  • $100 on a parlay = 50 Rewards Points and 50 Tier Credits 

BetMGM Rewards Points can be exchanged for online perks or converted into MGM Rewards points and redeemed for hotel stays and complimentary food and drinks at MGM Resorts properties across the country.  

>> Ready to join BetMGM CO? Sign up & access the $1,000 risk-free bet here

BetMGM Colorado Sports Offered

Sports Offered

Sports Not Offered

As you can see, BetMGM CO features a comprehensive betting menu, with markets on the Big 4 leagues, golf, soccer, tennis, MMA, and much more.

You'll have plenty of options for betting on the local Colorado teams, both college and professional. Below are a few examples:

  • Denver Broncos: You can bet on every Broncos game in the National Football League in the regular season, playoffs, or the Super Bowl. BetMGM also has a diverse line-up of futures NFL bets, including division/conference winners and individual awards like the MVP, Offensive Player of the Year, and Coach of the Year, to name a few. 
  • Denver Nuggets: BetMGM has been known to get creative with its NBA specials and props, especially during the playoffs. From first FG scorer to halves/quarters and race to X points, you’ll have plenty of exciting bets to dip your toes into for every Nuggets matchup. You can also spice things up with One Game Parlays (BetMGM’s version of same-game parlays) and combine multiple selections from a single Nuggets game into a parlay. 
  • Colorado Rockies: BetMGM has more MLB betting options than most competitors. These include a range of game and player props alongside innings bets, totals, and run line spreads.
  • Colorado Rapids: Soccer isn’t exactly BetMGM’s claim to fame, but you’ll find a good selection of bets for every Rapids game in the MLS (as well as most international leagues). Popular choices include double chance, both teams to score, and total goals.

BetMGM Sportsbook Colorado Types of Bets

BetMGM has a standard betting catalog that includes all the most common bets found in other sportsbooks. 

The BetMGM CO app allows you to wager on all in-state college teams like Air Force Falcons and Colorado Buffaloes with one caveat: prop bets are not permitted on college games.

Live betting

BetMGM CO offers live betting on most sports including football, baseball, basketball, hockey, and more. You typically also have the option to cash out of your bets while games are still going on.

For example, if you bet $10 on an underdog at +200 and the live line has them as a slight favorite, you may be able to cash out your bet for around $15 (just an estimate for this example).

This is also helpful for parlays where you have already hit multiple legs. For example, if you have a 4 leg parlay and 3 have already hit, you may be able to cash out of your parlay for a portion of what you would win with the entire parlay.

BetMGM CO also offers free live streaming of select events. This is great for games that may not be on your cable TV package (if you have one) or that you can't otherwise watch.

Same game parlays

Same game parlays” have gained a lot of popularity over the past few years after sportsbooks like FanDuel started offering them. 

Fortunately, BetMGM Colorado does offer same game parlays. They call them One Game Parlays and you can bet on them with most major sports and leagues. Look for an orange “One Game Parlay” box on events to know which you can place them on.

With these, you can parlay multiple bets from the same game into a single parlay. For example, you could bet on the Broncos -3.5, Under 52.5, and Russell Wilson to pass for over 284.5 yards in a single parlay.

Signing Up for the BetMGM CO Sportsbook

You don’t have to be a resident of one of the states where BetMGM operates to sign up for the sportsbook, but you must be located in one of the states to place bets. The only other restriction is that you must be at least 21 years old.

To sign up for BetMGM, you’ll have to fill out some basic information including:

  • Email
  • Password
  • Name
  • Last 4 digits of Social Security number
  • Date of birth
  • Address
  • Phone number

After filling out this information, you may be asked to upload a government-issued ID (such as a driver’s license or passport) to verify your identity. 

The whole process is quick and easy and should only take a few minutes. You can get an idea of what the registration screen looks like in the following mobile app screenshots (click to expand):

BetMGM Colorado Deposit & Withdrawal Methods

With the variety of banking options offered by the sportsbook, you should be able to deposit and withdraw fairly easily. In terms of deposit amounts, the minimum is $10 for all methods, while $20 is the minimum for cashouts. Withdrawals usually take 72 hours to process and are fee-free.

BetMGM CO Deposit Methods

Payment method Minimum deposit Time

VIP preferred

$10

Instant

Visa

$10

Instant

Mastercard

$10

Instant

PayNearMe

$10

Instant

Online banking

$10

Instant

Discover

$10

Instant

Wire transfer

$10

Instant

MGM Rewards

$10

Instant

BetMGM Gift Card

$10

Instant

Cash at Cage

$10

Instant

BetMGM CO Withdrawal Methods

Method Min Withdrawal Withdrawal Time

Online Banking (ACH)

$20

1 – 3 business days

VIP Preferred

$20

3 – 7 business days

BetMGM Colorado Sportsbook User Experience

The BetMGM app is lauded for its user-friendliness, and it lives up to its reputation. The sportsbook has a simple, no-frills interface that looks sleek and is easy to navigate, even for beginners. 

You can access the most important sections of the sportsbook from the header menus on the desktop site. The site also features a search bar to help you find a specific market or event within seconds. You’ll find a few handy functionalities on the right such as the Parlay Generator, H2H statistics, and game charts. 

BetMGM offers dedicated apps for iOS and Android if you prefer mobile betting. All features from the desktop platform are integrated into the apps, so you won't miss a beat. The apps and the site's desktop version are virtually identical, except for a few minor layout tweaks.

BetMGM Mobile App Screenshots

BetMGM Website Screenshots

BetMGM Colorado Background

Colorado legalized online sports betting in November 2019 after passing Proposition DD via a state referendum. Legislators worked on sports betting details for more than six months, and the tax rate was set at 10%. 

BetMGM was among the first operators to offer betting on opening day, May 1, 2020, joining DraftKings, FanDuel, and other heavy hitters. The sportsbook acquired market access in Colorado via a partnership deal with Midnight Rose Hotel and Casino. 

Meanwhile, BetMGM became the official sports betting partner of the Denver Broncos and will open a lounge at the Empower Field at the Mile High Stadium under the terms of the multi-year agreement.

BetMGM Sportsbook at Midnight Rose Hotel & Casino

  • Address: 256 E Bennett Ave., Cripple Creek
  • Phone: (719) 689-0303
  • Hours: 24/7

BetMGM Colorado Customer Support

The BetMGM CO customer service department offers several options for contacting a representative, but you may need to jump through a few hoops to receive assistance. 

Start by opening the Help & Contact tab. After selecting the desired topic, you will be redirected to a corresponding FAQ. 

If you’re unable to find a solution in this way, you can opt to speak directly to an agent via: 

BetMGM CO Alternatives

As our highest-rated sportsbooks, there aren't many better options than BetMGM. There are a few other sportsbooks that may be a better fit for you depending on what you're looking for, however.

Here are some BetMGM Sportsbook alternatives to consider:

  • If you want a better intro promo: PointsBet (2 risk-free bets up to $2,000)
  • If you prefer a deposit match welcome bonus: DraftKings
  • If you want a better user interface: FanDuel
You can also check out our BetMGM comparison articles to see how it stacks up to some popular competitors:

Want to compare BetMGM Sportsbook with other options? Use our free sportsbook comparison tool.

BetMGM Colorado FAQs

Is BetMGM Legal? 
Yes, BetMGM CO is regulated by the Colorado Division of Gaming and the Colorado Limited Gaming Control Commission. 

How old do you have to be to bet with BetMGM Colorado?
You have to be 21 or older to play with BetMGM in Colorado.

When did BetMGM Colorado go live
BetMGM went live in Colorado on May 1, 2020, as soon as the state's sports betting market got off the ground. 

Do you have to visit a physical sportsbook or casino to register for a BetMGM Colorado account?
No, but you must be situated in the Centennial State to place real-money bets with BetMGM CO.

Can I bet on college teams in Colorado with BetMGM Colorado?
Yes, you can, but there are certain limitations. Namely, props bets on college games are prohibited in Colorado.

Does BetMGM Colorado offer an online casino?
No, there is no legal online casino gaming in Colorado. 

>> Ready to join BetMGM CO? Sign up & access the $1,000 risk-free bet here

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Dave Rathmanner

Dave Rathmanner is the Founder & CEO of Odds Assist. After struggling to find helpful sports betting resources and honest reviews when he first started betting, he decided to create the site he always wished he had. Dave has been betting on sports since NJ legalized it in 2018 and regularly analyzes sportsbooks to find the best options for bettors. Aside from creating new content for OA readers, Dave is also passionate about researching betting markets, creating models, and developing profitable betting strategies.