Sports betting in Colorado has started and online sportsbooks in Colorado are now live, as of May 2020. Voters in the state approved a bill to legalize Colorado sports betting in November 2019, and the Colorado Division of Gaming set the path for legal online sports betting in the Rocky Mountain State. VegasInsider is excited to offer Colorado residents exclusive sportsbook promo codes and welcome offers for a variety of Colorado sportsbooks when you want to start placing sports bets.
The Rocky Mountain State, including places such as Denver and Boulder, is a very fun state, so many are curious about the status of Colorado online sports betting. And, many want to know the types of legal gambling that are allowed and will be legalized in the future. So, Colorado sports fans will definitely want to know all about the status of legal gambling in the state.
Top Online Sportsbooks in Colorado
Colorado Online Sports Betting Sites
So, if you are going to get into Colorado online sports betting, you will need to know how to place your bets. And, that means you will need to check out the top sports betting sites that have launched and are planning to launch in Colorado. DraftKings, FanDuel, and theScore announced deals to enter the Colorado sports betting market. Likewise, while there are numerous other big players that may operate in Colorado before all is said and done. Plus, a handful of online sportsbooks have already received their licenses to operate. Below is a list of online sportsbooks in Colorado.
FOX Bet Colorado
Exploding onto the US sports betting scene, FOX Bet has proven to be a hugely popular online sportsbook in NJ and PA. Now, FOX Bet Colorado has launched, offering sports fans a top-notch sportsbook for players anywhere in the Centennial State. Leveraging their wealth of knowledge from years of experience, FOX Sports and The Stars Group have created a seamless online betting experience. Plus, the FOX Bet app is hands down an excellent mobile betting app to bet on the go, anywhere in Colorado.
New users in Colorado signing up with the FOX Bet promo code get a $1,000 signup bonus! That's a $500 risk-free bet plus a $500 deposit match bonus! Make sure to read all terms and conditions before signing up or depositing into your new account.
PointsBet is a company you will want to get to know when getting into Colorado online sports betting. The online sports betting website has a headquarters in Colorado already. So, the company is in a great position to take immediate advantage when Colorado sports betting goes live.
In addition, PointsBet has a quick and simple to navigate mobile app that has launched in other states already. So, the PointsBet mobile app should help put the website among the top sports betting sites in the state. And, users will appreciate the points spread betting focus of the online sports betting website. It's a unique approach to sports odds and wagering.
DraftKings Sportsbook is already one of the top sports betting sites in states like New Jersey, Indiana, and West Virginia. Now, DraftKings has launched in Colorado as one of four first-movers. Already, it's clear that the roll-out of DraftKings Sportsbook and the sports betting app in the state went smoothly.
Many sports betting websites have not found the same level of brand recognition as DraftKings. The website has some of the most trusted betting odds that you can find on an online sportsbook. And, it is very easy to place your bets on the online sportsbook and the sportsbook mobile app.
FanDuel Sportsbook is another sports betting website that has fans across the country and has just launched in Colorado. So, you can expect to find Colorado sports fans flocking to the site now that it is live in Colorado. And, you can expect these fans to snag the amazing promotions like sportsbook welcome offers promoted by the site.
FanDuel is a site that is very similar to DraftKings, both in application and origin. So, you can expect the betting odds you find on the site to be very accurate and reliable. And, you can place your bets with relative ease when you use the FanDuel sportsbook online.
Already crushing it in NJ, IN, and WV, along with the MGM Resorts in Vegas, BetMGM is another great online sportsbook that launched on May 1st after having secured its betting license in Colorado. With a great sportsbook app available and years of gambling experience, BetMGM Sports is a great addition in the Rocky Mountain State.
Recently licensed BetRivers is the fourth Colorado online sportsbook to have launched first. BetRivers is already active in Pennsylvania and Indiana, so they're no stranger to a streamlined online betting experience. Plus, their sister site, SugarHouse, is also in NJ, so Rush Street brands have been operating in the biggest online sports betting markets in the US.
BetAmerica,a subsidiary of Churchill Downs, is an online sportsbook that also offers an online casino and horse racing. The technology behind the betting platform is best in class and offers a full menu of betting options. The BetAmerica sportsbook offers pre-match and live sports betting on all major sports events both in the United States and internationally. Once sports betting is legal in Colorado, BetAmerica will most likely launch its sports betting app.
Smarkets Colorado(SBK Sportsbook)
Smarkets partnered with Nasdaq-listed Full House Resorts to offer online sports betting via SBK sportsbook in Colorado. Plus, they've received their license, so expect them to launch soon as possible. Smarkets offers a betting exchange platform that pairs bettors against each other, creating their own markets. You will find betting tips, see who is on a hot streak, and be able to compete with your friends.
TheScore enters the Colorado online sports betting market via a partnership with Jacobs Entertainment. TheScore will mobile app will start operating later this year. Part of a 10-year deal, Jacobs Entertainment will operate the mobile betting app and receive an upfront fee and share revenue. Stay tuned for more about TheScore in Colorado.
Betfred has partnered with Saratoga Casino Black Hawk in Colorado to provide both retail and mobile betting. The sportsbook will be branded as Betfred and powered by betting platform provider Optima. BetFred operates over 1500 betting shops in the UK. You can place bets on almost every sport, including esports, MMA, entertainment, and politics. Subject to regulatory approval, Betfred should launch later this year.
Circa Sports Colorado
Now, Circa Sportsbook is best known for its retail location at Golden Gate Casino in Vegas. This storied bookmaker is widely considered to offer some of the lowest holds on sporting events; sometimes even less than half. That means more money in the player's pocket! Having already secured a CO betting license, Circa Sports is ready to test out their mobile betting app outside of NV for the first time. Will their reputation be enough to give them an early lead in the CO sports betting market?
William Hill Colorado
Just like Circa, William Hill has a strong background in retail sports betting not only in Vegas but as one of the biggest sportsbooks in the UK. Joining the NJ betting landscape early on, William Hill as proven that their retail expertise carries over into the online betting world. Having secured a license already in CO, William Hill Sportsbook will be a welcome addition to the state.
Colorado Sports Betting Laws
With betting laws changing throughout the United States on any given day from state to state, many are curious about the legality of gambling. So, it is a good idea to look up the gambling laws and legislation for any state you will be residing in or visiting. Luckily, it is quite easy to find out the status of things like Colorado online sports betting.
As of right now, voters have approved legislation in Colorado to authorize legal sports betting in the state. And, this legislation also covers the legalization of Colorado online sports betting on desktop computers as well as mobile devices and tablets. So, Colorado residents can look forward to placing their bets starting next year in 2020.
However, not all forms of gambling are legal in Colorado just yet. Unlike Colorado online sports betting, Colorado online casinos are still illegal as of this time. And, no legislation has been approved as of yet to change the laws about online casinos in the state.
Colorado Online Sports Betting: Events and Betting Odds Markets
Now that you have learned about the legality of Colorado online sports betting, you will want to know more practical facets about it. If you are going to engage in sports betting, you will need to educate yourself on things like betting odds, the types of bets you can place, and the events you should bet on. Then, you will be able to place your bets knowing that you are fully educated on how to bet and when to bet.
Types of bets that you can place will be listed on each individual sportsbook. You can find retail sportsbooks at brick-and-motor locations or use an online sportsbook for your Colorado online sports betting needs. However, you must make sure you are of legal gambling age in the state in order to place a legal bet.
And, you will want to learn about the events that sports fans tend to place their bets on in their state. These big events are great times to place your sports bets because many online sportsbooks offer promotions around them. So, you can place your bets and earn a little extra if you use a promotion to do so.
Common Types of Sports Bets in Colorado
There are many common types of bets that you can wager your money on when using an online sportsbook or retail sportsbook. The most common type of bet that you will find is an outright win bet. An outright win bet is when you choose the outright winner of the sporting event or game that you are betting on.
Other common types of bets that you can place your money on are prop bets, which are bets placed on occurences in the sporting event that have no impact on the final outcome. Prop bets can be fun bets to place because they allow you to engage in the action of the game in a different way. Also, you can place bets on who will be leading at halftime, which player will be the first to score, and more.
Most Popular Sports to Bet On
In general, the most popular sports to bet on in each state tend to be the sports that are popular nationwide. Also, if the state has a professional sports team associated with that sport, it means the sport will be more popular to bet on in the state. So, you should check out which sports teams are playing in your state.
However, the most popular sports to bet on tend to be the following:
Betting on Colorado Sports Events
There are many sporting events that are popular for residents to bet on when Colorado online sports betting becomes legal. And, these sporting events are ones that are major throughout the United States. Colorado is one of the unique states, in that Denver is home to four professional sports teams, as well as several division 1 NCAA universities.
So, you can expect to place your bets on football, basketball, baseball, hockey, and soccer games when it is legal to. And, you can expect to place your bets on the major sporting events that take place during those respective sports seasons. So, you will want to look into the Super Bowl, the World Series, the Stanley Cup, and other championship games.
Best Teams to Bet On
One fun fact about Colorado is that Denver happens to be the smallest city in the United States that has four major professional sports teams. These teams are the Denver Broncos football team, the Denver Nuggets basketball team, the Colorado Rockies baseball team, the Colorado Avalanche hockey team as well as the Colorado Rapids soccer team. So, you can see that there are a lot of Colorado sports teams for you to place your bets on when it is legal to in the state.
For fans of college sports, there's the Colorado Buffaloes located Boulder, the Colorado State Rams located in Fort Collins, and the Air Force Falcons, located in Colorado Springs. All three of these schools play at the highest level in NCAA football and basketball. Colorado plays in the Pac-12 Conference, while Colorado State and Air Force both play in the Mountain West Conference. One big match-up every year for sports gamblers in Colorado is the Rocky Mountain Showdown, when the Colorado Buffs and Colorado State Rams face each other in college football. Colorado also faces Utah in a Pac-12 rivalry and recently renewed their old rivalry with Nebraska. For Colorado State, they have yearly rivalries with Wyoming (The Border War) and in-state rival Air Force. For the Air Force Falcons, besides Colorado State, they have the unique Commander-in-Chief's Trophy, which is a three-way rivalry with Army and Navy.
Common Payment Options
Typically, online sportsbooks and online sportsbook apps accept very similar forms of payment. So, you can expect to use a similar form of payment when you are engaging in Colorado online sports betting when it is legalized. And, you should be able to find a form of payment that you are comfortable with.
You can usually pay with the following forms of payment on an online sportsbook and sportsbook app: -Credit and debit cards, usually Visa Card and Mastercard.
As you can see, you should be able to find a form of payment that works for you. And, that will make it even easier for you to start with Colorado online sports betting. Plus, you will want to check out the ways for you to withdraw money when you win your bets.
Colorado Sports Betting FAQ
You may still have some questions about Colorado online sports betting. So, this frequently asked questions section should help to answer any of those question. And, if you still have any questions after, you should do your own research.
Are sports betting sites legal in the Colorado?
Colorado legal online sports betting started in May 2020. After the United States Supreme court overturned PASPA (the Professional and Amateur sports protection act) in 2018, that opened the door for legal sports betting across the United States. And, each state has the ability to pass its own legislation regarding sports betting and online sports betting.
What online sportsbooks are legal in Colorado?
The list of legal online sportsbooks in Colorado includes FanDuel, PointsBet, BetRivers, DraftKings, BetMGM, BetAmerica, William Hill, Smarkets, theScore, Betfred, and Circa Sports. This list may grow in the future.
What do I need to register at an online betting site in Colorado?
You will need to be of legal gambling age to participate in online betting in Colorado. And, you will need to have a legal address in the state to sign up for an account on an online sportsbook. You will need to provide personal information when creating a new account on an online sportsbook.
Is it safe to deposit money at sports betting websites in Colorado?
It will be safe to deposit money at a sports betting website in Colorado if you use a trusted name when choosing your online sportsbook. Proven online sportsbook operators can be trusted to keep your money as safe as possible.
Can I set betting limits?
Most online sportsbook websites and sportsbook apps allow you to set betting limits on your accounts.
Final Thoughts on Betting in Colorado
Colorado online sports betting is going to be very exciting when it launches in the state. Because Colorado has so many professional sports teams, it should prove very popular in the state. So, you will want to keep your ears and eyes open for more Colorado online sports betting news in the coming months.