Last Updated on June 16, 2020
Betting ain’t easy, but for Colorado bettors, FanDuel Sportsbook Colorado’s latest promo is almost a guaranteed win. FanDuel is offering new bettors in Colorado an absolutely insane spread on the Denver Broncos in Week 1.
Despite being slight favorites heading into Week 1 against the Tennessee Titans, the Broncos are listed as 30-point underdogs for Colorado bettors in this promo (max bet of $50). The strategy from FanDuel is simple. Attract new players to its app through odds that are almost impossible to lose on. The last time the Broncos lost by 30 was against the Detroit Lions on Oct. 30, 2011.
It’s safe to say this should be an easy score.
These types of promos have become quite popular in new markets. FanDuel has run similar promos in other states, including one that saw the Philadelphia 76ers as 76-point underdogs in a game and a comparable bet for the Indianapolis Colts on Week 1 last season. It’s literally free money for bettors and a great way to hit the ground running.
New Colorado Sports Betting Market Promo’s
Colorado recently legalized online sports betting and FanDuel is staking its claim on the territory. This almost risk-free bet is a power move, but it’s nothing compared to Monday’s news that FanDuel and the Broncos are entering a multi-year partnership together. This will allow the sportsbook to use the Broncos’ likeness and images.
FanDuel will definitely have some competition in the state, as FoxBet is attempting to woo Colorado bettors with a similar strategy. FoxBet is offering $10 in free bets for every Broncos win, but this is only for players who bet on Denver to have a winning season. FanDuel is having a similar promo based on Denver making the playoffs.
🏈 Denver Drought Bonus 🏈
Place a $25+ pre-season wager on the Broncos to make the playoffs and you'll receive a $5 bonus for each regular season game they win 💰
* Only available in Colorado *
— FanDuel Sportsbook (@FDSportsbook) May 13, 2020
For diehard Broncos fans who are looking to ease into sports betting, this is an enticing offer.
Expect plenty of action on the Broncos in Colorado. Second-year quarterback Drew Lock is on the rise and his over-under on passing touchdowns is set at 21.5 right now. The launch of sports betting in Colorado is a perfect storm for players.