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1. Legal Sports Betting In Colorado
2. Mgm Sports Betting Colorado
3. Sports Betting Sites Colorado

Welcome to ColoradoBetting.com, your source for legal Colorado sports betting and gambling information. We aim to provide a concise and straightforward roadmap to all things gambling in Colorado. This includes news and reviews, industry updates and recommendations of CO betting sites that are licensed and legal.

Our primary focus here is on sports betting, both online and in-person, but we are committed to covering major developments and providing information to all forms of gambling. Whether it’s the latest sports betting bonuses or big news out of Black Hawk, we cover it all to some extent.

1. Colorado certainly wasn’t among the first batch of states to dive headlong into sports betting legislation; the state’s bill wasn’t approved until the summer of 2019, and was subject to a public referendum since the implementation of legalized sports betting would lead to increased taxpayers for state residents.
2. DraftKings Sportsbook is one of the top US brands in sports betting, and it’s open for business for sports bettors in Colorado. Its variety of sports and lines are almost unmatched, and it offers some unique betting opportunities like teasers and parlays.

Legal CO Betting Sites

Colorado regulates a wider range of online gambling activities than many people realize. Sports betting was authorized by voters in November 2019 as you may have heard, but that is not the only form of online gambling that is legal in Colorado.

Legal Forms of Online Betting in CO:

• Sports betting
• Daily fantasy sports
• Horse racing betting
• Games of skill

Mobile Sports Betting in Colorado

Colorado legalized sports betting through a two-part process in 2019. First, the state legislature passed HB 1327 to authorize sports betting and establish some basic regulations. The governor signed the bill in May 2019.

Second, Colorado voters had to approve the bill via statewide referendum before it could become law. That happened in November 2019. The bill required a public referendum due to Colorado’s TABOR Amendment, which requires all legislation that includes a tax increase to be approved by the voters before it may take effect.

Even though the CO sports betting law does not increase existing taxes, it had to survive a statewide vote because it establishes a new tax on licensed sports betting operators. Despite the ballot question’s awkward phrasing, voters approved the bill to formally legalize in-person and mobile / online sports betting.

The first Colorado sportsbooks opened one year later, in May 2020. Colorado betting sites and mobile apps licensed by the Limited Gaming Control Commission (LGCC) may offers wagers on professional and college sports, including major events such as the Super Bowl and March Madness.

Colorado Sportsbook Reviews

The Colorado sports betting market is competitive thanks to favorable legislation with low taxes and plenty of openings for operators to set up shop.

ColoradoBetting.com is in the process of reviewing all legal sportsbooks in Colorado based on a variety of factors, check out our featured sportsbooks below:

• DraftKings
• BetRivers
• BetMGM

Additional Reviews

How Sports Betting Works in Colorado

In-person and online sports betting is legal in Colorado for customers who are 21 or older and physically present within state lines when placing wagers via desktop computer or mobile device.

Under state law, Colorado casinos hold a monopoly over sports betting. Each casino that acquires a sports wagering license may accept wagers in-person through a retail sportsbook and online through a single website and mobile app.

Casinos are also allowed to form partnerships with third-party providers such as FanDuel and DraftKings for assistance in running their sportsbooks and to capitalize on brand name recognition.

For example, PointsBet got an early start on CO sports betting by forming a partnership with Cripple Creek’s Double Eagle Hotel and Casino months before the referendum was even held. Under the terms of that deal, PointsBet is tasked with managing the casino’s retail and mobile sportsbook operations.

Double Eagle gains an experienced partner while PointsBet gains access to the CO market. This is emblematic of the win-win relationships local casinos and online betting companies are reaching across the country.

BetAmerica has a similar deal in place with Bronco Billy’s Hotel and Casino for a retail sportsbook and online betting.

How Sports Betting is Regulated

HB 1327 established some basic regulations governing sports betting in Colorado and tasked the Limited Gaming Control Commission with overseeing the industry. The Commission is now in the process of drawing up more detailed regulations, but some of the basic requirements set forth by HB 1327 include:

• Sets a minimum age of 21 to bet on sports
• Sports betting operators taxed 10% on net proceeds
• Each Colorado casino may apply for a sports betting license for a fee not to exceed $125,000
• Each casino may offer in-person betting and a single online betting site / mobile app
• Each casino may contract with a third-party provider to manage its retail and online betting operations
• Casinos may offer wagers on professional, collegiate and Olympic sports events
• Esports betting is prohibited on events that are not sanctioned by a sports governing body

Retail Sportsbooks in Colorado

In addition to mobile sportsbooks, casinos located in Black Hawk, Central City and Cripple Creek that acquire sports betting licenses may also construct retail sportsbooks to accept wagers in person.

With reasonable licensing fees and a 10% tax rate, most casinos in Colorado have found it financially viable to launch retail sportsbooks. Sportsbooks that are fully approved were given the go-ahead to begin accepting wagers after May 1^st, 2020 and numerous locations have opened since.

Read more: Colorado Sportsbooks

Daily Fantasy Sports

Colorado formally legalized and regulated daily fantasy sports with the passage of HB 1404 in 2016. The bill created the legal framework under which fantasy sites may operate, established a licensing process for operators and set the ground rules for the conduct of operators.

Under CO law, fantasy contest operators are registered and licensed by the Office of Fantasy Contest Operator Registration and Licensure under the Division of Professions and Occupations. State law distinguishes between large operators and small operators for the purposes of registration and licensing.

Large fantasy operators are defined as those with more than 7,500 active players and must be licensed in Colorado. Small fantasy operators are defined as those with 7,500 or fewer active players and only need to be registered.

Currently, just two daily fantasy providers are licensed in Colorado as large operators:

• FanDuel.com
• DraftKings.com

A larger number of fantasy providers are registered as small operators. Some of the more well-known small operators registered in Colorado include:

• Yahoo Daily Fantasy
• Boom Fantasy
• SidePrize (now PrizePicks)

Under Colorado law, fantasy contest operators must:

• Ensure all customers are at least 18 years of age
• Prevent employees and family members who live in the same household from participating in fantasy contests
• Prevent the sharing of confidential information that could be used by third parties to gain an advantage in fantasy contests
• Prevent athletes and officials who participate in or officiate sports events that are the subject of fantasy contests from participating in those contests
• Provide a means by which customers may self-exclude from participating in fantasy contests
• Segregate customer funds from operational funds
• Distinguish highly experienced players and beginners and ensure highly experienced players are identified as such to all players
• Disclose the number of lineups customers are allowed to enter into each contest
• Prohibit the use of third-party scripts that can be used to gain an advantage over other players
• Clearly disclose all rules that govern its fantasy contests
• Take reasonable steps to limit each customer to a single account
• Contract with a third party to perform an annual audit to ensure compliance with CO fantasy sports law

Colorado Racing Betting

Horse racing betting is legal in Colorado at racetracks, off-track betting facilities (OTBs) and licensed betting sites / mobile apps for customers 18 and older.

Horse racing and parimutuel wagering are regulated by the Racing Division under the Colorado Department of Revenue. The Racing Division is also responsible for issuing licenses to advance deposit wagering providers (ADWs), which is just a fancy term for racing betting sites.

The three most popular racing betting sites that are licensed in CO are:

• TVG
• TwinSpires
• WatchandWager

Wagers can also be placed in-person at the state’s last remaining racetrack, Arapahoe Park. Arapahoe Park hosts live racing from May through August each year in addition to simulcast wagering on races held around the country during the live racing season.

Eleven other off-track betting facilities in Colorado also offer year-round simulcasting and wagering. The full list of other OTBs includes:

Greyhound racing fell out of favor in Colorado over the early and mid 2000s until the last remaining greyhound track closed in 2008. Governor John Hickenlooper signed a bill to formally outlaw greyhound racing in 2014 to permanently end the sport in Colorado.

Licensed OTBs and betting sites may still accept wagers on greyhound races found elsewhere, but live racing is nowhere to be found in Colorado.

Colorado Casinos

Colorado legalized casino in gambling in Black Hawk, Central City and Cripple Creek with the passage of the Limited Gaming Act in 1991 following a statewide referendum approved by voters the previous year. The first casinos were up and running by the end of 1991.

Under the law at the time, casinos could only offer accept maximum wagers of $5 on slots, blackjack and poker games. Casinos were also required by close by 2 AM.

Those rules were relaxed in 2008 when voters approved Initiative 50 during the November election. The passage of Initiative 50 increased the maximum wager at Colorado casinos to $100, authorized craps, authorized roulette and allowed casinos to remain open 24 hours a day.

Poker in Colorado

Online poker is illegal across the board in Colorado, but in-person poker games are permitted at casinos and in other locations if certain conditions are met.

Legal Sports Betting In Colorado

Online Poker

State law strictly prohibits online gambling in all its forms, including online poker. Despite what you may read online elsewhere, there are no legal Colorado poker sites operating anywhere in the state.

Certain offshore websites do offer online poker games to CO residents, but those games operate contrary to multiple state and federal laws. These games are unregulated, unlicensed and cannot guarantee the safety of your funds or fairness of the games. We recommend staying far away from such sites.

Poker at Casinos

Licensed casinos in Colorado may host real money cash games and tournaments. Cash poker games in Colorado are subject to the same $100 maximum wager that is applied to all forms of gambling at casinos.

As a result, true no limit cash games do not exist in Colorado. Instead, spread limit games such as $1/$2 and $2/$5 allow players to wager anywhere between $1 and $100 no matter how much is in the pot at any given time.

A number of Colorado poker rooms have closed over the years, leaving four active poker rooms today:

Black Hawk

• Ameristar Poker Room: 22 tables, $1/$3 spread Holdem, $2/$5 spread Holdem, $30/$60 limit Holdem, $50/$100 limit Holdem, $2/$5 spread Big-O and additional game types/limits available on request – most popular poker room in Colorado
• Isle Casino Poker Room: 10 tables, free drinks and table side service, $60 tournaments on Friday sand Saturdays
• Golden Gates Poker Room: 17 tables + a five-table overflow room for tournaments and home of the Colorado Poker Championship

Cripple Creek

• Midnight Rose Poker Room: 8 tables, $1/$2 spread Holdem, $1/$2-$20 spread Holdem, $5/$10 7 Card Stud Hi-Lo, $5/$10 Omaha Hi-Lo, open Tuesday through Sunday

Social Poker Games

Social poker games are permitted in Colorado as long as the players have a “bona fide social relationship” outside of gambling.

Home poker games also cannot be run for a profit, either directly or indirectly. This means the host of a poker game cannot charge a rake, entry fee, sell drinks or come up with other creative ways to profit off the game.

Games of Skill

Games of skill played for money are legal in Colorado. CO Rev Statutes § 18-10-102 defines gambling as follows (emphasis ours):

(2) “Gambling” means risking any money, credit, deposit, or other thing of value for gain contingent in whole or in part upon lot, chance, the operation of a gambling device, or the happening or outcome of an event, including a sporting event, over which the person taking a risk has no control, but does not include:

(a) Bona fide contests of skill, speed, strength, or endurance in which awards are made only to entrants or the owners of entries;

(b) Bona fide business transactions which are valid under the law of contracts;

(c) Other acts or transactions now or hereafter expressly authorized by law;

(d) Any game, wager, or transaction which is incidental to a bona fide social relationship, is participated in by natural persons only, and in which no person is participating, directly or indirectly, in professional gambling; or

(e) Repealed.

(f) Any use of or transaction involving a crane game, as defined in section 12-47.1-103 (5.5), C.R.S.

In other words, state laws on gambling do not apply to real money skill games in Colorado.

A handful of online skill gaming sites headquartered in the United States offer games of skill to CO residents:

• WorldWinner.com: Offers simple games of skill such as Solitaire, Bejeweled, Angry Birds and Scrabble among others. Players compete either heads-up or in tournament fashion for real money payouts.
• GamerSaloon.com: Compete in esports matches or tournaments for real money. GamerSaloon supports all the latest competitive console games.
• PlayersLounge.co: Similar idea to GamerSaloon – compete on your PC or console for real money across a wide range of popular games.

Sports betting is now officially live in Colorado with online Sportsbooks and mobile sports betting apps set and ready to accepts bets across the state.

It has officially been live since May 1. 2020. The passing of the law now gives players the chance to place real money wagers on their favorite sports. Here, we will take a look at the best legal sportsbooks and apps that are available in the Centennial State. Keep your eyes peeled as more sportsbooks are due to go live throughout the year.

Best Colorado Sports betting sites & apps

Mgm Sports Betting Colorado

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Sports Betting Sites Colorado

• The best sportsbook
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• Convenient banking
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There are now several sports betting apps available to wager on in Colorado. A handful of operators wanted to have a presence from the day CO online gambling was made officially legal. The apps allow you to bet on the go as long as you are aged 21 or over, and physically located within state borders.

Like any legal operator, you can sign up from anywhere across the country, but you need to be in a legalized state before placing your bets. You do not need to be a resident of Colorado to bet on a CO sportsbook, you just have to physically be in state lines.

Sportsbooks and betting apps that are live in Colorado include:

There is a long list of sports betting books and mobile apps that hope to go live in 2021; these include:

• Betfred
• Carousel Group
• Circa Sports
• Digital Gaming Corporation
• Internet Sports International
• Monarch Casino
• Penn Sports Interactive
• Smarkets
• SuperBook USA
• theScore Bet
• Wynn Resorts

You will be required to ensure your location settings are on before you bet. Your device will use geolocation technology to check you are in Colorado before allowing you to place wagers. Colorado online sports betting has been legal in the state now for several months and so far has been a huge success. You can now bet using one of the sportsbooks for all your favorite sports like football, basketball, and soccer betting.

Sports Betting in Colorado: How Did We Get Here:

Sports betting in the Centennial State was legalized in November of 2019. This followed the state legislature approving the Colorado sports betting bill in the summer of the same year. It is reported 1.3million people voted on the bill—the bill passed by 20,000 votes.

Following the US Supreme Court’s repeal of PASPA in 2018, the general attitude towards sports betting across the states has changed. It took almost a year for a bill to legalize sports betting. Bill H 1327 passed through the Colorado House and the Senate Finance with ease.

The law in Colorado required a vote due to a restriction on implementing new taxes known as a Taxpayer Bill of Rights (TABOR.) Any motion put forward that will increase taxes on Colorado residents must receive a popular vote.

The sports betting law in CO creates three types of licenses, which are:

• Master license
• Sports betting operator
• Internet sports betting operator

All 33 of the tribal casinos in Colorado can apply for a master license. The law requires a casino to partner with a land-based operator and an internet operator and then share the same online/mobile iGaming platform.

There is a 10% tax rate placed on CO sports betting. The current law does not allow wagers on either esports or high school sports. Sports betting in the state is regulated by the Colorado Division of Gaming Enforcement.

Sports betting officially started in colorado on May 1, 2020. Colorado fantasy sports (DFS) has been allowed in the state since 2015 and has proved very popular with players. Online CO betting sites will be hoping that players who enjoy playing DFS will feel equally at home wagering in the state.

How Sports Betting In Colorado Works

There are 31 commercial casinos in Colorado. These are in Black Hawk, Century City, and Cripple Creek. There are also two tribal casinos in the state. The tribes can add any games as long as they have been authorized elsewhere in CO.

The law dictates that each casino can apply for a master license for sports betting. If a casino obtains a master license, it can offer both mobile and retail wagering. Moreover, a license holder can partner with up to two strategic operators. These give operators the option to use a company for online sports betting or land-based sports betting.

For example, the Ameristar sportsbook (found inside The Ameristar Casino Resort Spa Black Hawk) will most likely be partnered with Barstool Sports. This comes after Penn National Gaming acquired Barstool Sports, which will inevitably turn them into a sportsbook operator.

How to Download a CO Sports betting app

If you are interested in CO mobile sports betting, it is worth downloading the dedicated app from the sportsbook of your choice. Just remember that you can download an app from anywhere, but you will need to be in Colorado to bet.

The best sports betting apps to use in Colorado are

To download, visit the website of your preferred sportsbook. There will likely be buttons for both Android and iOS users. iPhone users can download apps through the usual methods on the App Store. However, please make sure the sportsbook you choose does have a dedicated app and not just a mobile site. You can use the apps to bet anywhere in the state. They are also useful for checking out scores and also odds such as Super Bowl odds before deciding what to place your bet on.

Bonuses & Promotions

When you sign up at a new CO sportsbook, you will get access to some bonus offers, free bets, and promotions. They are worthwhile, and sportsbooks will compete for customers by offering a variety of attractive proposals. However, you must check the terms and conditions of any offer. The small print may indicate that the bonus offer might not be worth your time. Some typical types of promotions a sportsbook offer include:

• Free Bets (Money you can wager but not redeem)
• Odds Boost
• Deposit Bonus
• Insurance (A portion of the bet will be refunded if it loses)

It is worth scouting the market to see what bonus offers and promotions are out there. Some sportsbooks will also run ongoing promotions such as a loyalty program to reward players who stick around.

Betting Markets in Colorado

The significant professional sports, as well as college football, make up the majority of wagers at legal US sportsbooks. At the moment, the available sports you will be able to bet on in Colorado include:

• Football
• Baseball
• Basketball
• Ice Hockey
• Soccer

Due to the current Coronavirus pandemic, there are no significant sports taking place across the globe. Virtual sports have filled the current gap, and they will also be available in the future.

Type of Bets Available

As online gambling has continued to grow, so too have the different kinds of bets available. The most common types of bets available include:

• Futures
• Moneylines
• Parlays
• Point spreads
• Propositions
• Round robins
• Teasers
• Totals (over/under)

One of the most popular forms of betting not mentioned in the list above is live betting. Most US sportsbooks offer this. This allows players to make a bet during a game or event that is in progress. This adds to the excitement for customers who are watching.

Partial game results possibly the most popular form of live betting. A sportsbook may provide odds on a team being ahead at half time, but the final result is irrelevant. This is a desirable proposition for online bettors as you can often get attractive odds.

Colorado Sports Teams

There are loads of professional sports teams in Colorado that residents and visitors to the state can bet on. Colorado is one of the smallest states population-wise to have a team in every major sports league. Teams available to bet on in the state include

• Denver Broncos (NFL)
• Denver Nuggets (NBA)
• Denver Barbarians (Rugby Super League)
• Denver Outlaws (Major League Lacrosse)
• Colorado Rockies (MLB)
• Colorado Avalanche (NHL)
• Colorado Rapids (MLS)
• Colorado Springs Sky Sox (AAA Baseball)
• Colorado Springs Switchbacks FC (United Soccer League)
• Colorado Mammoth (National Lacrosse League)
• Colorado Eagles (East Coast Hockey League)
• Grand Junction Rockies (Minor league baseball)
• Glendale Raptors (Pacific Rugby Premiership)

Betting on college sports is allowed in Colorado, although prop betting is prohibited. Wagering on high school sports and esports is strictly prohibited in the Centennial State. Since launching, sports betting in Denver has seen the biggest uptake from bettors.

What is the Future of Colorado Sports Betting?

According to industry analysts, sports betting in Colorado is poised to generate $6 billion in annual betting. It may have lost some early impetus due to launching in the middle of a global pandemic, but revenue will be created once the industry has matured. Now that sports betting is legal in the state, there is hope that players will move away from illegal offshore operators like bovada and 5Dimes and choose a regulated operator instead.

More operators will enter their market with their apps as the year progresses.

FAQs

Are online sportsbooks legal in Colorado?

Yes, they are! Online sportsbooks were officially legal in Colorado on May 1, 2020. The first sportsbooks to launch were FanDuel, DraftKings, BetMGM, and BetRivers.

When does sports betting start in colorado?

Online sports betting in Colorado started on May 1, 2020.

What is the gambling age in Colorado?

Like most US States, the gaming age in CO is 21. This applies to online, mobile, and inside a sportsbook or casino in the state.

Do I have to be a resident to bet in Colorado?

No. Visitors to CO will be able to access the sportsbooks the state has available. You have to be of legal age and located within state lines to bet online.

Can I bet using my mobile?

Yes, you sure can. Mobile betting is legal in the state. Operators maintain mobile sites and apps as part of their online betting offers.

Can I bet on Colorado sports teams?

You sure can. According to the bill, you can also bet on the state’s colleges teams, which include:

Colorado Avalanche (NHL), Colorado Rockies (MLB), Denver Broncos (NFL), Denver Nuggets (NBA), Colorado Rapids (MLS), University of Colorado, Colorado State, and Air Force.