NHL Betting: The Best Online Sportsbooks in Colorado for Hockey

Colorado is a hockey country. The Avalanche won the Stanley Cup in 2022, and the Centennial State's sports betting market is stacked with 13+ licensed sportsbooks competing for your attention. Sharp puck line pricing, deep player props, and constant promos make Colorado one of the best states for NHL betting. If you're hammering Avs games at Ball Arena or building parlays on playoff matchups, you've got options.

Is NHL Betting Legal in Colorado?

Yes. Colorado voters approved Proposition DD in November 2019, and both retail and online sportsbooks launched on May 1, 2020.

Quick facts:

You must be 21 or older. The Colorado Limited Gaming Control Commission (part of the Division of Gaming) regulates all sports betting. Colorado allows remote registration—no casino visit required. Sign up entirely online. You must be physically in Colorado to place bets (geolocation verifies this), but you don't need to be a state resident. Colorado has 13-16 active online sportsbooks as of November 2025, making it one of the most competitive betting markets in the country.

Read more: Best Sports Betting Bonuses and Promos in Colorado

Legal books protect your funds, verify identities, and offer faster payouts than offshore sites. Stick with licensed operators.

Top Sportsbooks for NHL Betting in Colorado

Colorado's loaded with options. Here's where to bet hockey based on what matters most.

FanDuel Sportsbook

Colorado Partner: Sky Ute Casino Resort

FanDuel's the gold standard in Colorado and nationally. Sharp puck line pricing, extensive player props (shots, assists, goals, saves), responsive live betting, and creative same-game parlays. The interface is intuitive, injury and goalie updates are real-time, and NHL-specific promotions drop frequently during rivalry nights and playoffs.

Welcome offer: Bet $5, Get $150 in bonus bets if your first bet wins (no code required).

Best for: All Colorado hockey bettors—FanDuel is the default choice.

DraftKings Sportsbook

Colorado Partner: Mardi Gras Casino (Black Hawk)

DraftKings dominates individual player props, pulling from their daily fantasy sports expertise. Shots on goal, assists, blocked shots, anytime goal scorer markets are deep and creatively priced. The shared wallet between DFS and sportsbook is seamless. Same-game parlays are extensive.

Welcome offer: Bet $5, get $200 in bonus bets if your bet wins + 3 months of NBA League Pass.

Best for: Prop-focused bettors and DFS players.

Shurzy Tip: If you're already playing DFS hockey on DraftKings, the shared wallet is clutch. Build your lineups, then bet the game outcomes. One account, double the action.

Caesars Sportsbook

Colorado Partner: Ameristar Black Hawk

Caesars consistently posts the sharpest NHL puck line pricing in regulated markets. Their algorithms are tuned to hockey's tight margins—when other books list underdogs at +110, Caesars might have +120. The Caesars Rewards loyalty program provides real value for frequent bettors (earn points toward hotel stays, dining, and more). Prop depth is strong, live betting is reliable.

Welcome offer: Bet $1, double your winnings on your next 20 bets (code CBS20X).

Best for: Sharp bettors focused on ROI and long-term loyalty value.

Shurzy Tip: Caesars Rewards is legit if you're betting regularly. Stack points, cash them in for Vegas trips or comped dinners. Your bookie won't do that.

BetMGM

Colorado Partner: Midnight Rose Hotel and Casino

BetMGM runs aggressive promotional calendars with NHL-specific bonuses on rivalry games, national broadcasts, and playoff action. They offer dedicated goalie props (saves over/under, shutout odds) and deep team props. The "One Game Parlay" feature is solid for SGP enthusiasts.

Welcome offer: Up to $1,500 in bonus bets back if your first bet loses (code CBSSPORTS).

Best for: Promotion seekers and goalie prop enthusiasts.

bet365

Colorado Partner: Century Casinos

bet365 is a global powerhouse with what many consider the best live betting platform in the industry. NHL in-game odds update in real-time, and the interface is smooth during fast-paced hockey action. Futures markets (Stanley Cup, Conference winners, individual awards) are among the deepest available.

Welcome offer: Bet $5, Get $150 in bonus bets win or lose (code CBSBET365).

Best for: Live-action bettors and futures-focused players.

Fanatics Sportsbook

Colorado Partner: Grand Z Casino

Fanatics' FanCash rewards program is among the most generous in the industry—earn cash back on every bet, redeemable for merchandise or betting credits. Live betting is responsive, the platform is well-designed, NHL coverage is comprehensive.

Welcome offer: Bet and Get Up To $2,000 in Bet Insurance FanCash (code CBSFAN).

Best for: Bettors who value ongoing rewards over one-time bonuses.

Read more: NFL Betting: The Ultimate Guide for the 2025/2026 Football Season

NHL Bet Types in Colorado

Colorado sportsbooks offer the full menu of NHL bets. Here's what you can play.

Moneyline Betting

Pick the winner, straight up. NHL's got higher parity than NBA or NFL—underdogs win frequently. Value often lies away from the chalk.

Puck Line (-1.5 / +1.5)

Hockey's spread. Favorites must win by 2+ goals (-1.5), underdogs get a 1.5-goal cushion. Shop around—pricing varies significantly between Colorado books.

Shurzy Tip: With 13+ sportsbooks in Colorado, puck line shopping is a must. A -110 at FanDuel might be -105 at Caesars. Over a full season, that's real money. Don't be lazy.

Total Goals (Over/Under)

Usually set between 5.5 and 6.5 goals per game. Goalie matchups, team pace, and recent trends drive pricing.

Player Props

The fastest-growing NHL market. Anytime goal scorer, shots on goal (2+, 3+, 4+), assists, saves (goalies), power play points, blocked shots, and time on ice (select books). DraftKings and Caesars offer the deepest menus.

Read more: Everything You Need to Know About NBA Prop Betting

Period Betting

Bet specific periods: 1st-period moneyline, 1st-period total, 2nd-period total, 3rd-period moneyline. Isolates bets from late-game empty-net variance.

Shurzy Tip: Period betting is underrated for tight games. If you're expecting a defensive slugfest, bet the first-period under instead of the full game. You dodge empty-net chaos and overtime coin flips.

Team & Game Props

Team total goals, both teams to score, overtime (yes/no), winning margin, race to 3 goals. Available across all major Colorado books.

NHL Parlays & Same Game Parlays

Standard parlays combine independent bets. Same-game parlays (SGPs) combine correlated bets from one game (moneyline + player props + team totals). FanDuel and DraftKings lead on NHL SGPs.

NHL Futures Betting

Stanley Cup winner, Conference winners, division winners, Hart/Vezina/Calder Trophy odds, team win totals. bet365 and Caesars have the deepest futures markets.

Read more: NHL Betting: The Ultimate Guide for the 2025/2026 Hockey Season

NHL Betting Bonuses & Promos in Colorado

Colorado's competitive market drives aggressive promotions. Here's what to watch for.

• Welcome Bonuses: All major sportsbooks offer new customer promotions—typically bonus bets, second-chance offers, or deposit matches. Current highlights include FanDuel's Bet $5, Get $150 if your first bet wins, DraftKings' Bet $5, Win $200 + NBA League Pass, and BetMGM's up to $1,500 back if your first bet loses.
• Odds Boosts on Rivalry Nights: Avalanche games, Original Six matchups, and playoff action frequently feature boosted odds.
• Parlay Profit Boosts: 3+ leg parlays often receive 25-50% payout boosts.
• Goal Scorer Insurance: "Bet on any goal scorer; if he doesn't score but logs 3+ shots, get money back." These reduce downside risk.
• Playoff Specials: Stanley Cup Playoffs bring some of the best promotional value of the year. Watch for round-specific offers.

Shurzy Tip: Check multiple sportsbook promotion tabs daily. Colorado's competitive market means frequent, rotating offers. Set a reminder for game days—limited-time boosts disappear fast.

Expert NHL Betting Tips for Colorado Bettors

Here's how to bet smarter on hockey in Colorado.

1. Watch Goalie Announcements Closely: A backup goalie can flip a line 2-3 goals instantly. Check official team sources 30 minutes before puck drop. Colorado books update quickly, but there's often a brief window to capture value.
2. Consider Back-to-Back Situations: Teams on the second night of a back-to-back allow more goals. The Avalanche's schedule creates regular opportunities here—fade opponents on their second night.
3. Shurzy Tip: Back-to-backs hit differently in hockey. If a team's on night two and traveling, fade them hard. Books price it in somewhat, but casual bettors sleep on this edge.
4. Track Pace & Expected Goals (xG): Raw win/loss records can mislead. Expected Goals (xG) measures shot quality and predicts future performance. Free resources: Natural Stat Trick, Evolving Hockey.
5. Home-Ice Advantage Isn't Massive: NHL home advantage is modest (~3-4% edge). Ball Arena (Avalanche home) provides some advantage, but don't overweight home teams across the league.
6. Look for Underdog Value: NHL's low scoring creates frequent underdog wins. Moneylines and +1.5 puck lines often offer value overlooked by casual bettors.
7. Shop Colorado's Deep Market: With 13-16 sportsbooks, pricing varies significantly. A 5-cent difference on a puck line compounds into real money over a season. Check at least 3 books before betting.
8. Leverage Avalanche Knowledge: Colorado bettors who follow the Avs closely have an edge on national bettors. Use your local knowledge—injury updates, lineup changes, team morale—to find value before lines adjust.

How to Start Betting on NHL Games in Colorado

Getting started is simple. Here's the play-by-play.

• Pick a licensed sportsbook: from FanDuel, DraftKings, Caesars, BetMGM, bet365, Fanatics, ESPN BET, or any of the 13+ licensed operators. Create an account with accurate info (full name, DOB, address, last four of SSN). Must be 21+. Verify identity by uploading your driver's license or passport—remote registration means no casino visit required. Deposit funds via debit cards, credit cards, PayPal, Apple Pay, or other methods (minimums typically $5-$10). Claim promotions by activating new customer bonuses and checking the "Promotions" tab for NHL-specific offers. Navigate to NHL/Hockey to find upcoming games with moneylines, puck lines, totals, and props. Compare odds across at least 3 books before placing bets. Place your first bet—start simple with moneylines, puck lines, or anytime goal scorer. Track results and note which books offer the sharpest lines.
• Beginner-friendly bets: Anytime goal scorer (lower variance), puck lines (better payouts), first-period unders (less chaotic).

Safe, Responsible Hockey Betting in Colorado

The Colorado Division of Gaming ensures all licensed sportsbooks comply with consumer protection laws. Your funds are protected, and identity verification prevents underage gambling.

All Colorado sportsbooks offer deposit limits (daily, weekly, monthly), wager limits, time-out periods, and self-exclusion options. Use these tools proactively.

Tax note: Colorado sports bettors must pay a 4.4% state tax on all sports wagering winnings, plus federal taxes (24% on winnings over $600).

Responsible Gambling Resources:

• Colorado Council on Problem Gambling: 1-303-662-0772
• National Problem Gambling Helpline: 1-800-522-4700

If betting ever feels like a burden, reach out. Problem gambling is treatable.

Never bet money you can't afford to lose. Avoid chasing losses. Track your bets. Stick to a plan. Separate betting funds from your everyday account.

Final Thoughts: Colorado's Best for NHL Betting

Colorado's sports betting market is among the best in the nation for hockey bettors. With 13-16 online sportsbooks competing for your action, odds are sharp, promotions are frequent, and market depth is exceptional.

The key to success: shop around. Colorado's competitive market means pricing varies. A 5-cent difference on a puck line compounds into hundreds of dollars annually. Compare at least 3 books before placing bets.