Colorado Online Sports Betting & The Best Bookmakers in CO 2021

Colorado has recently become a full-on sports betting US state following the passage of the Proposition DD. This occurred towards the end of 2019, and with its introduction, Coloradans are allowed to legally place sports bets from mobile devices and at several land-based casino establishments. With the first official sportsbook opening in May 2020 in Colorado, things have already started moving in the right direction with regard to the industry. And there are hopes that it will continue to advance in such an impressive way, too.

The question is, what sports betting platforms are the best ones for Coloradan bettors to join? What sports can be wagered on at such sites? And what exactly are the laws surrounding gambling, both online and offline, within The Centennial State? That’s what we’re here to provide information on, which will allow you to hopefully locate your favored online sportsbook and learn about the state’s specific sports betting rules. So, without further ado, let’s take a look at sports betting in Colorado.

Top 4 Sports Betting Sites for Players from Colorado

The United States of America has a great base of sports bettors, and as a result, a number of effective and enticing online sportsbooks are also available to this market. With this being the case, the recommendations that we make below suit both residents of Colorado as well as the US in general. So, let’s take a look at the sports betting apps that we consider to be the best for Coloradans to join and some of their features.

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Top 4 Online Sports Betting Sites That Accept Players from Colorado

Despite the fact that there are various sportsbooks operating within Colorado, there are still some highly impressive offshore sports wagering platforms, too. These can often still be considered as the greatest options for many Coloradans, and we know of the top 4 of these. So, without further ado, let’s take a look into the best sports betting Colorado platforms.

How We Rate the Best Colorado Online Bookmakers

It’s always our goal to give you the most important and accurate information when it comes to online sportsbooks. That’s why we have a team of experts who check through all the available sites, review them fully and provide a rating. From those ratings, we construct our top recommendations. So, what exactly does our team look for when it comes to online sportsbooks in Colorado?

• Sites with a good selection of sports to wager on
• Sportsbooks with wonderful promotions for newcomers and regular bettors
• The possibility of placing bets via mobile devices
• Platforms with high levels of security in place
• Those sites that possess an official gambling license
• The inclusion of a VIP scheme or loyalty program
• Easily navigable online platforms
• The ability to deposit and withdraw through numerous payment methods
• Helpful and friendly support agents

What to Consider When Choosing a Betting Site

It’s not always about what we can recommend or advise you on, but sometimes you need to consider various things when deciding on a platform to join. Fortunately, we’ve brought together a few bullet points of guidance to help you with selecting the ideal platform for sports betting in Colorado.

Licensed and Regulated

Browse through the sports betting site to check if it holds an official gambling license. This will ensure that it has a set of rules and regulations to adhere to when it comes to gambling and keeping things fair. If it doesn’t possess such, make sure that it is held in high regard by its registered players.

Banking methods

Be sure that the sportsbook supports a number of good and popular payment methods for funding your account and withdrawing through. It’s pointless signing up to an online sportsbook when you’re not going to be able to transact in the way you normally would.

Safety and Security

Always check into how secure a platform is. Be sure that things are taking place via a secure server and that all information sent and received is done in encrypted format. This keeps your banking details and personal information safe and out of the hands of third parties.

Bonus and rewards

Ensure that you’re joining a site with a good range of promotions to cater to you. It’s fine if there’s a welcome offer on hand, but what about ongoing rewards? You need to be able to receive attention and perks from a sportsbook as you continue betting there.

Customer support

Look into the customer support options to ensure that there are friendly advisors on hand. They should be contactable through live chat, telephone and/or email, and if possible, be available 24/7.

Range of Betting Markets

Check into the range of sports and the associated sports betting market options that the gambling site offers. Be sure that all your favorites are available, as well as some others that you may not have heard of before. Diversity is quite the key ingredient when it comes to online sportsbooks.

The Current Situation With Online Sports Betting in Colorado

Four more sportsbooks are also waiting to launch in Colorado, and have already linked up with casinos there, too. Their launch date is yet to be decided, although it’s likely that they’ll become available in 2021.

The state of Colorado is actually home to 31 commercial casinos, with all properties located close to three Rocky Mountain towns. Those are Black Hawk, Central City and Cripple Creek. Two tribal casinos can also be found in the southwestern area of the state. Coloradan law dictates that the tribal casinos can include any games at their casinos which are authorized elsewhere in Colorado.

Under the same laws, each and every casino in the state is able to apply for a master license, which will allow sports betting to occur at them, too. Both retail and mobile wagering can be offered by establishments when they hold such sports betting licenses. It also dictates that the holder is able to partner up with two strategic operators – one for online sports betting, another for land-based sports betting, or the same company for both operations.

State Restrictions On Online Sports Betting

The state doesn’t impose any sort of restrictions for registering to participate in mobile sports betting, and this is most likely due to the fact that Colorado has unfounded success in the sports betting industry. The only real restrictions on betting are on high school sports and eSports. State lawmakers have singled eSports out as being a suspicious sector to allow bettors to engage in wagering on, while high school sports betting being banned is quite normal throughout the US. Furthermore, Colorado law does not permit you to participate in proposition betting on college sports. All other events are legal sports betting options, though.

This means that players in The Centennial State are able to partake in wagering on favorite US sports like the MLB, NFL, NBA, NHL and so on. And because Colorado has such famous professional sports teams as well, there is free rein to wager on these. Therefore, if you’re a Denver Broncos fan, an excited Colorado Avalanche basketball viewer, or a Denver Nuggets enthusiast, online sports betting in Colorado will cater to you.

To partake in online sports betting, you’ll need to download one of the various sportsbook app options, depending upon which site you decide to join. Mobile betting is what works as the online option taken up by many Coloradans. Residents of Colorado are also quite fortunate in the sense that the government has elected to allow players to register for an account remotely. So, once you’ve downloaded the app to your mobile device, you can easily register for an account from wherever you are within the state. You’ll need to be within the state’s borders to partake in sports betting, though.

Both the Colorado Division of Gaming and the sports betting platforms require you to submit your smartphone to geolocation verification prior to being able to complete a wager. That software ensures you’re based in Colorado at the time of the bet, as placing wagers outside of the borders is forbidden.

So, what types of bets are legal and available to participate in within Colorado sportsbooks?

• Moneyline – allowing you to bet on the winner of an event
• Totals – providing over/under betting on number of goals, runs etc.
• Spreads – offering options on backing the underdog to “cover the spread” or the favorite to win by more than stated
• Parlays – betting options that include multiple events
• Teasers – an alternate form of parlay including spreads
• Prop Bets – betting on individual player performances during a game
• Futures – offering bets on a season’s outcome, rather than a single game
• In-Play – wagering on an event that is currently happening

What else is legal and licensed in Colorado for gambling purposes? Well, it’s not all about Colorado sports betting. That being said, there isn’t anything in place for legal online casino gambling or online poker there. It does offer legal daily fantasy sports (DFS) though, and this was introduced in 2016. A bill was passed allowing the Division of Professions and Occupations to govern DFS activity. This organization also sets licenses and renewal fees for the sports betting operator brands.

Online lottery sales are permitted in Colorado, although the Colorado Lottery also has its own mobile app and website for players to utilize. Games such as the Powerball, Mega Millions, Lucky for Life and Colorado Lotto+ are all accessible through these methods.

Pari-mutuel wagering on horse racing events was legalized in Colorado back in 1948, and the first horse racing facility was opened in Littleton in 1950. While this one went out of business in 1983, the Pikes Peak Meadows was opened in 1965 before being transformed into a racecar speedway in 1993. The only remaining horse racing track in the state is Arapahoe Park, which opened in 1992. Online horse racing betting is also accepted in Colorado.

Various land-based casinos (some of which do not include sports betting options) are also present in The Centennial State. The largest establishments include Ameristar Casino Resort in Black Hawk, Sky Ute Casino Resort in Ignacio and Ute Mountain Casino Hotel in Towaoc.

The Future of Online Gambling in Colorado

While it’s great that sports betting has had such a huge impact in Colorado, there’s still some work to do in other gambling areas within the state. For example, there isn’t any sign of legal online poker becoming active for the meantime. The last legislative push for this to happen came in 2013, and that bill didn’t even go to any sort of vote in the end. Global Poker remains active in Colorado, but this is a sweepstakes site, offering free to play poker, rather than real money games. Six land-based poker rooms can be found within the state, but for now, online opportunities are not possible.

Colorado law also doesn’t permit online casinos to be set up for the moment. State bettors can participate in casino games online for amusement via social casinos, but these operate without real money, too. So, you won’t be able to win anything other than the glory of being victorious. Instead, residents must visit online offshore casinos to satisfy their real money gaming needs.

With this being the case, the future of online gambling in Colorado looks like it will be restricted to various lottery games, pari-mutuel betting and sportsbooks. There’s nothing to say that online poker and casinos won’t become effective at some point, but with little push happening for either in recent times, it’s not likely to happen in the very near future.

Where Else Is Online Gambling Legal in the US?

Best Online Casinos in Colorado

If you’d like to participate in online casino gameplay from Colorado, then you’re not without options. Various offshore sites have the ability to provide you with exciting gaming opportunities. To find a great online casino to join, simply check into our top online casino sites for Colorado residents.

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The Bottom Line

Sports betting has become quite the phenomenon in Colorado, and that’s all thanks to lawmakers opting to introduce it legally by a very near margin of a vote. Perhaps the figures from this sort of online betting will lead to more gambling options becoming available online in the future, too. Whatever the case may be, Colorado has fully embraced sports betting, and with more platforms set to launch within the state in due course, it stands to grow even more.

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