DraftKings Sportsbook launched statewide mobile betting in Colorado in May 2020. The DraftKings name holds considerable weight in Colorado and across the country as one of the nation’s two leaders in daily fantasy, and now as one of the heavyweights in legal sports betting.
The Limited Gaming Control Commission granted an online sports betting license to DraftKings in early 2020 to pave the way for its Colorado launch. Under state law, mobile operators such as DraftKings are required to partner with a local land-based casino in order to offer online betting.
To that end, DraftKings is partnered with Twin River Worldwide Holdings, parent company of Golden Gates, Golden Gulch and Mardi Gras casinos in Black Hawk. The deal grants DraftKings market access for mobile betting and a retail sportsbook at Mardi Gras Casino.
Now that DraftKings Colorado is live, we present this review to give sports fans an idea of what to expect. Below, readers will learn about the DraftKings approach to sports betting, types of bonus offers that are available and much more.
- Visit DraftKings online at: www.draftkings.com
- Mobile apps available for: iOS and Android
- Colorado licensing status: Approved
- Can I bet on Colorado college games at DraftKings? Yes. Colorado law allows wagers on college sports, including games that involve Colorado teams.
- Who’s allowed to bet online at DraftKings? Customers must be at least 21 years old and physically located within state lines to bet online with DraftKings.
- Land-based casino partner: Mardi Gras Casino Black Hawk
DraftKings Colorado Bonuses and Promotions
DraftKings comes Colorado with a full assortment of bonuses and promotions similar to its offerings in other states. Colorado sports betting laws do not impose excessive taxes on operators, which leaves sports betting companies with plenty of breathing room to spend money on marketing, bonuses and promos.
New Customers: Up to $1,000 in Free Bets
DraftKings Sportsbook welcomes all new customers with up to $1,000 in free bets across two separate welcome promotions:
First Deposit Bonus
First, new users can sign up for an account and make a deposit to get an extra 20% for up to $500 in site credit. For example, a first deposit of $500 will result in $100 extra. New bettors can deposit $2,500 or more to claim the full $500 welcome bonus.
The DraftKings CO bonus is released to customers at a rate of $1 for every $25 wagered. For example, a customer with a $100 bonus will have released with the full bonus amount after placing a total sum of $2,500 in wagers.
Up to $500 Free Bet
Second, DraftKings matches the first wager of every new customer with a free bet of equal size, up to $500. For example, a customer who signs up and places a $100 wager will get an extra free bet worth $100.
The free bet offer does not come with any wagering requirements or other strings attached. The main thing customers should know is the bonus bet itself is not returned with any winnings. In other words, if a customer places a $20 wager at +100 and wins, only the net profit of $20 will be returned.
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ, WV, PA & IL), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), or 1-800-522-4700 (CO). *21+. NJ/WV/PA/IN/IA/CO/IL only. Bonus comprised of a first deposit and a first bet match, each up to $500. Min. $5 deposit. Deposit bonus is in DK Dollars which have no cash value and must be used on DraftKings. Bonus requires 25x play-thru. Eligibility restrictions apply. See draftkings.com/sportsbook for details.
Ongoing promos at DraftKings are a revolving carousel of enhanced odds offers, redeposit bonuses, free bet refunds and more. The promotional lineup on any given day largely reflects the major sports that are currently in season.
For example, DraftKings might offer free in-play wagers on big games during the NFL season or seek to lure customers over to the tennis betting area during the run-up to one of the Grand Slam tournaments.
DraftKings rates well in ongoing promotions overall. The company has put its large marketing budget to good use not just for attracting new users, but for rewarding and keeping existing customers. On average, we estimate DraftKings Sportsbook has about ten promotions running at any given time.
Sports Covered at DraftKings.com
Colorado law allows licensed operators to offer wagers on professional, college and Olympic sports, all of which are offered by DraftKings. As one of the state’s more experienced operators, DraftKings is not afraid to cover niche international sports leagues along with all the major professional US sports.
Depending on the time of year, DraftKings accepts wagers on:
- Australian Rules Football
- Beach Volleyball
- Cycling (Track & Road)
- Horse Racing
- Olympic Games
- Other / Specials
- Rugby League
- Rugby Union
- Table Tennis
- Winter Sports
DraftKings Mobile Apps
DraftKings Sportsbook can be accessed from any desktop computer or through mobile apps designed for iOS and Android users. Overall, the DraftKings mobile app is easy to use but it does throw quite a bit of information at users from the homepage which can be overwhelming at first.
Upon logging in to the mobile app, customers are presented with a list of trending games for which there is a lot of interest along with “quick links” to jump to popular sports leagues and the latest promotions.
Customers can search for a specific game by using the bottom navigation menu to view the “A-Z” list of sports and drilling down from there to find a specific league and matchup. The mobile app also supports in-play betting and live streams that allow players to watch and bet on games in real time from anywhere within CO state lines.
iOS and Android users can point their browsers to DraftKings.com to sign up for an account and for links to download the official app. Alternatively, iOS users can launch the App Store and search for “DraftKings Sportsbook” to download the app straight from the app store. Android users must visit the DraftKings website for a direct download link since the Google Play Store does not list gambling or sports betting apps.
In-Play Betting Interface
Fans can visit the “Live In-Game” tab at DraftKings.com or on the mobile app to see a listing of all games that are in progress right now and open for in-play betting. DraftKings provides a high volume of in-play betting events as it covers most major international sports and all major US professional games.
The in-play betting interface at DraftKings provides constant odds updates, real time stats and live streaming video for some sports. If live video isn’t available, customers can instead watch a virtual depiction of what’s happening on the field or court. For example, live streaming baseball games show the batter’s box and location of each pitch along with running stats covering other aspects of the game.
In-play betting markets for most games include standard wagers on the point total, who will win and so on along with flash bets that speed things up even more. Flash bets typically last just a moment or two as they cover short-term outcomes such as the next point in a tennis match, next pitch in an MLB game or next play in an NFL game.
Live Streaming Sports Feeds
DraftKings has also dipped its toes into the waters of live streaming sports broadcasts that allow customers to watch the action online through the website or mobile app. Initially, DraftKings began live streaming through its fantasy app with the launch of live EuroLeague games in 2017.
Getting access to the major US sports leagues will be a slower process due the professional US leagues already having exclusive and lucrative contracts with cable broadcasters, but DraftKings has made it clear the company would like to be customers’ “one stop shop” for betting on sports, entering fantasy contests and watching live sports.
DraftKings added to its live streaming capabilities again in 2020 with the launch of live streams for the Korea Baseball Organization, Division 1 Bundesliga soccer games and table tennis.
Customers who have an account balance and are logged in may stream any live sports offered by DraftKings at no cost.
DraftKings debuted sports betting pools in 2018 as a new way for customers to put their picking skills to the test against friends, family and strangers.
With DraftKings Pools, bettors can enter public or private pools to predict the outcomes of a group of upcoming games. Players pay to enter, make their picks straight up and then get paid if they accurately predict the winning sides of more games than the competition.
For example, an NFL betting pool might have entrants pick the winners of every Sunday football game. Prizes are awarded in tiers based on the number of correct picks. Each entrant who correctly predicts enough outcomes wins an equal share of that tier’s prize pool.
The Stats Hub by DraftKings Sportsbook serves as a handy reference center that customers can use to look up past results, win/loss stats and even betting insights to make research easier. The stats hub is built into the DraftKings interface so bettors can quickly flip back-and-forth between the wagering interface and research area.
Information provided by the Stats Hub includes standard stats such as win-loss records, scoring totals and recent form along with wagering-specific stats. For example, customers can select two teams and compare them heads-up in terms of how often each has covered the spread this season, how they have performed as underdogs/favorites and how frequently each team has exceeded the points total.
The Stats Hub also provides an interesting Predictor feature in which customers can select a sport, league and specific matchup along with the type of wager and then use a handful of selectors to pick how important they consider certain factors such as last five games, ATS record and so on.
From there, the Predictor takes the users’ preferences to recommend a bet on that game. For example, bettor can put an emphasis on the last five games of each team and what happened the last time they met to generate a prediction keyed towards those factors.
DraftKings provides an extensive FAQ on its homepage and integrated into the mobile app to answer most common questions. Customers who need to speak to a real person can send an e-mail via contact form or initiate a live chat session with a support rep. DraftKings customer support is available 24/7.
DraftKings CO Banking Methods
New customers can fund their DraftKings accounts and receive payouts through a handful of common banking methods as discussed below. Withdrawals are processed via check, PayPal, ACH and in-person cash pickup at the casino.
- Credit and Debit Card: DraftKings accepts Visa, Discover and Mastercard deposits.
- Online Banking: Online banking sends money from your bank account to your DraftKings betting account. This method does not work with every bank.
- PayPal: Use your existing PayPal account to send funds and receive payouts.
- Play+ Prepaid Card: The DraftKings Play+ Card is part e-wallet and part prepaid gift card. Sign up for a Play+ account to deposit instantly online, then later you’ll receive a physical card in the mail that can be used to receive withdrawals, withdraw cash at ATMs and make in-store purchases.
- Wire Transfer: Wire transfer deposits are only available for deposits of $100 or more due to the expenses incurred by DraftKings.
- Cash: DraftKings accepts cash deposits via prepaid purchase receipts. Select this option from within the cashier to generate a pay slip that you can save to your phone and take to your nearest dollar store or pharmacy to pay with cash.
Retail Sportsbook at Mardi Gras Casino
DraftKings commenced in-person betting at Mardi Gras Casino Black Hawk in July 2020. The DraftKings Sportsbook launched in a temporary area at first while construction was completed on a permanent sportsbook.
The permanent sportsbook features a bar area with drinks menu, HD TVs and a video wall, a VIP lounge and more.
Colorado sports fans can visit DraftKings Sportsbook in Black Hawk at:
300 Main Street
Black Hawk, CO 80422