Passion for soccer but also an expert on most sports markets
DraftKings Sport General
Passion for soccer but also an expert on most sports markets
A New York native, Thomas Chambers has had a passion for sports for as long as he can remember. During an eclectic career as a freelance journalist, Thomas has covered all manner of sports – but soccer is his biggest passion. After freelancing for GamblingGuy for several years, we finally convinced him to join us permanently as an editor in 2015. He is an industry-leading expert on everything sports betting.
DraftKings Colorado Sportsbook Bonus Review USA 2021
The latest DraftKings Colorado sportsbook promo!
DraftKings is going strong in the state of Colorado, and this already highly-rated operator loves to treat its customers – new and existing. DraftKings offers both casino and sportsbook gambling services, but today we’re going to look at a mouth-watering sportsbook bonus deal for newcomers.
DraftKings Sportsbook is a great way for bettors to wager on a large variety of sports leagues, and with a sign-up bonus to boot, who’d want to say no? We’ve sunk our teeth into the specs of the DraftKings Colorado sportsbook bonus and bring you the best tips and advice for making it yours successfully.
Here’s why operators offer deals like the DraftKings Colorado sportsbook promo
Following the legalization of betting in Colorado in 2020, the best US sportsbooks like DraftKings have more and more competitors every month trying to win new customers. Top sportsbook operators want to create a win-win relationship between them and their customers by giving great promos to encourage punters to sign up and use their platform.
That’s where today’s review topic comes in. When you join DraftKings Sportsbook in Colorado, you’ll receive a mighty fine two-part sign-up offer that consists of a deposit bonus of up to $1,000 plus a $50 bet on the house when you make your first deposit.
How to use the DraftKings Colorado Sportsbook bonus
Let’s go through the steps you need to follow to use this DraftKings Colorado Sportsbook promo:
Sign up by providing the required details, and make your first deposit. The minimum deposit is $5, but we recommend depositing a larger sum to benefit from the deposit bonus.
DraftKings will match 20% of your deposit amount up to $1,000 for new customers.
It’s important to know that there’s a 25:1 wagering requirement that goes along with this bonus deal. So, for every $25 you bet on DraftKings sportsbook, you’ll be unlocking $1 of the matching deposit. To put this into perspective, if you make a deposit of $100, you need to wager $500 to unlock your 20% deposit match.
Now you can pick your favorite or even carefully strategize and have some fun!
Our experts recommend these 5 tips to get the most out of the DraftKings Colorado sportsbook promo.
Budgeting is synonymous with responsible gambling
This is rule number one. To be a winner, you have to work carefully with your funds and never use money that you don’t have – no matter how tempting the offer and the wagering requirements, stick to what you can spend. Slow and steady wins the race.
Familiarize yourself with the terms and conditions
Being familiar with all the small details versus being blissfully ignorant can lead you to be in a not so blissful situation. Bonus offers will always have terms and conditions attached, and the smartest way you can play is by being in the know. Terms and conditions are not there to trick or trip you, but, let’s face it, the operator is offering free money so there need to be some regulations. Just ensure you know what they are and how they work to make smart moves.
Take a look at the relevant upcoming fixtures
Being in the know is going to give you the upper hand in any sports betting endeavor. So, when you have such a lucrative promo like the DraftKings Colorado sportsbook bonus, it’s important to understand the value of research. Doing your homework will be invaluable to you, especially since you have 90 days to use this offer. The best option is to check out the fixtures first before opting in for the bonus deal to make sure there are some solid opportunities.
Mark the start and end date on your calendar
Because this DraftKings Colorado sportsbook promo has an expiry date, keeping track of time is essential, especially if you’re going to spend some time strategizing and looking at different possible fixtures. It’ll be pointless to eye a fixture that does not fall within this time frame, so be cognizant of these dates. You can even set yourself reminders throughout the 90-day period to ensure that you stay on top of things.
Does the DraftKings Sportsbook only have this one promo running? Check out your options.
Does this DraftKings Colorado sportsbook promo offer you everything you want in a deal? If you’re not sure, look at other promotions that DraftKings are running because there sure are a lot. Not all of them are sign-up promos, but that doesn’t make them any less enticing. Check out your options and their compatibility with your betting style and your budget.
FAQs about the DraftKings Colorado sportsbook bonus
What are the minimum odds I can wager on in this DraftKings Colorado sportsbook promo?
You need to wager on odds of -300 or longer each time to unlock your 20% bonus match.
Do bettors have to be in the Centennial State to bet using the DraftKings Colorado sportsbook promo?
Yes. Per Colorado law, DraftKings needs to geofence its website, and the DraftKings Colorado sportsbook app, to make sure that only Colorado bettors are placing bets. If you don’t live in Colorado, then there’s no need to feel despondent. Take a look at, ‘where is DraftKings legal?‘ and you may still be able to claim the bonus.
What Happens 90 days after I signed up?
After the 90-day period is over, you won’t be able to use your bonus promo any more to unlock what’s left of your 20% deposit match. So, make sure you wager your bonus within the 90-day time period!
Can I create a new account as an existing customer to also get the DraftKings Colorado sportsbook bonus promo?
Unfortunately not. You have to be a new member to take advantage of this sign-up offer. This is because you have to be a new person or player, and your details are already on the DraftKings system. Even if you try using a new email, the system will pick it up, so you have to be a complete newbie.
Can I cash out the amount that I’m not using in my DraftKings account?
Cash that was added to your DraftKings account as a bonus cannot be cashed out because it is not transferable as money. You can, however, use it for gambling purposes. Money that you can cash out is money that you deposited yourself and money that you won from your betting endeavors.
Can I use my DraftKings Colorado sportsbook bonus on the mobile app?
Yes, you will be able to use your sign-up bonus on the app as well as the desktop site.
Additional Rewards & Loyalty Programs
In addition to the ‘twice-as-nice’ sign-up deal, DraftKings also hosts a series of perky promos, too. Thus, it cements its status as one of the top betting sites with sign up bonuses. It’s great to know that the sign-up version of the DraftKings Colorado sportsbook promo is not the only one available. Many are seasonal and are linked with popular sports during the year and others are available basically all year round.
Frequent player points: Here’s how to earn loyalty rewards at DraftKings Sportsbook. Each time you wager, you’ll earn reward points like frequent player points.
Pre-game protection: If you place an NBA wager and your team scores 110 points or more but they lose the game, you’ll get your money back as a free bet. There is a similar pre-game protection perk for Premier League games.
Daily odds boosts: You need to check these out! Most daily odds boosts revolve around the most popular and significant sports leagues like the NBA, the NHL, and the NFL.
As a DraftKings member, you have a personal rewards page where you can manage and take part in promos all year round, just for your convenience.
DraftKings Colorado sportsbook bonus promo — here’s the verdict
If you’re a resident in the Centennial state, taking advantage of the DraftKings Colorado Sportsbook bonus promo is something that deserves some serious consideration. DraftKings is one of the top operators in most of the states they provide their services, and this generous offer should not be overlooked.
Additionally, our DraftKings review has noted you don’t worry about the wagering requirements or if they seem a little stiff to you, keep in mind that you do have 90 days to unlock the magic. If you follow our expert guidelines, you are sure to make the most of this sign-up bonus and emerge with your pot of gold. If you haven’t signed up yet, go for it!
Visit DraftKings now:
100% up to $1500
T&Cs apply, 18+
DraftKings Colorado sportsbook bonus FAQ
🔑Do I need a promo code to unlock the DraftKings Colorado sportsbook bonus?
Some DraftKings bonuses and promos require codes while others don’t. You’ll note this is the same for the latest FanDuel Indiana sportsbook bonus. For the most accurate information about this DraftKings Colorado sportsbook promo, check out our in-depth review.
📱Does DraftKings have a mobile betting app?
Yes, DraftKings do have a mobile betting app available in Colorado. The DraftKings Colorado app is available in the Centennial state, while DraftKings also has apps available in 10 other states where the operator provides its services.
😎Does DraftKings Sportsbook Colorado offer Live In-Game Betting?
Yes, DraftKings Colorado Sportsbook offers Live In-game betting. Visit GamblingGuy.com for our DraftKings Colorado sportsbook review to get all the inside info.
💰Is there currently a DraftKings Colorado sportsbook promo?
Check out our hottest news and latest reviews on DraftKings bonus deals and promos on GamblingGuy.com