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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Is Online Sports Betting in Colorado Legal? YES!✅

It didn’t take long for Colorado to go from having zero sportsbooks to becoming the host of around two dozen. After the Supreme Court expunged the PASPA law, all US states became free to introduce legal sports betting opportunities. With the legalization of sports betting in the state of Colorado back in 2019, it’s not so surprising that it has expanded this sector significantly since. And what’s more, additional sportsbook launches are expected in the near future, too. Some of the official companies providing their services to the state of Colorado include William Hill US, DraftKings, BetMGM, PointsBet and FanDuel.

colorado sports bettingIt was quite a narrow passage of Proposition DD in 2019 though, with a 51-49 margin of votes. Sports betting had to be launched by May 1, 2020 in the state, and regulators managed to do that. Four sportsbooks were launched on that very first date, and more have opened since.

As per the sports betting laws, the following rules are true:

  • All state casinos can apply for master licenses to provide sports betting opportunities
  • The master license allows for a retail sportsbook and a single online sports betting skin
  • A master license holder may partner with up to two different operators
  • The state will collect 10% of net sports betting proceeds as taxes
  • Mobile registration is permitted
  • The Colorado Limited Gaming Commission will oversee the sports betting sector in the state

The online sportsbooks within Colorado have all partnered with casinos to be able to provide their services. The first seven of them launched in May 2020, starting out the state’s online foray where sports betting is concerned. Those unisons are:

  • DraftKings Sportsbook: Partnered with Golden Gulch Casino
  • FanDuel Sportsbook: Partnered with Golden Gates Casino
  • BetRivers Sportsbook: Partnered with JP McGill’s Casino
  • BetMGM Sportsbook: Partnered with Midnight Rose Casino
  • Fox Bet Sportsbook: Partnered with Lady Luck Casino Black Hawk
  • Sky Ute Sportsbook: Partnered with Sky Ute Casino and Resort
  • BetMonarch Sportsbook: Partnered with Monarch Casino Resort

The rest were launched after the May date, with three in September of 2020, including SportsBetting.com in partnership with Johnny Nolon’s Casino, William Hill Sportsbook partnered with Isle Casino Hotel and Lady Luck Casino, and Betfred in partnership with Saratoga Casino. The other sportsbook launches of 2020 in Colorado include:

  • PointsBet Sportsbook with Double Eagle Casino
  • theScore Sportsbook with Gilpin Casino
  • SBK Sportsbook with Bronco Billy’s Casino and Hotel (also features UK-based betting exchange Smarkets)
  • Elite Sportsbook with Red Dolly Casino
  • Circa Sports with Century Casinos
  • BetWildWood Sportsbook with Wildwood Casino

Our Recommended Colorado Sports Betting Site 2021

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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.

1. Intertops Sportsbook – The Best for Bringing Experience to the Table (Welcome Bonus: $20 Free Bet)

If you’ve ever browsed for the top online sportsbooks, then you’ll know that Intertops is likely to have sprouted up in your search results. That’s because it’s such a long-running company, providing sports betting, poker, casino gameplay and more. Alongside this, it has a good range of strong promotions to cater to players. The website has also been designed to provide ideal navigation options, and it’s compatible with mobile devices with both Android and iOS operating systems. Throw in 24/7 customer support and a nice choice of payment methods to utilize and Intertops has a lot going for it.

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What we like:

  • Great range of supported payment methods
  • Live betting accessible
  • Strong collection of promotions available
  • 24/7 customer support

What we don´t like:

  • No official licensing information
  • No Bet Builder available

2. Bovada Sportsbook – The Best for Possessing Large Popularity with Players (Welcome Bonus: 75% up to $750)

Bovada is one of those names that instantly conjures up imagery of online sports betting. And so it should, the brand has been operating since 2001, meaning that it brings a high level of experience to the table. It’s one of the most popular online sportsbooks available to US residents, and it has great betting limits for players to benefit from on all sports markets. Bitcoin is also supported at the platform, while wagering on entertainment and specials is also provided. What’s stopping you from joining Bovada?

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What we like:

  • Highly popular US sportsbook
  • Great betting limits on all markets
  • Supports cryptocurrency transactions
  • Massive range of betting markets and opportunities

What we don´t like:

  • Bets can sometimes settle quite slowly
  • Customer support difficult to locate

3. MyBookie Sportsbook – The Best for an Exceptional Mobile Betting Experience (Welcome Bonus: 50% Up to $1,000)

If you’re in the mood for a wonderful welcome bonus and an exciting mobile gambling experience, then MyBookie is the site to visit and sign up to. This platform offers up to $1,000 to newcomers, and this can be used on the plethora of sports events and markets that are available. MyBookie also has a connected online casino featuring over 200 games, and the customer service team is available 24/7 via various methods. Transactions can be completed via Bitcoin alongside several other popular payment methods, and MyBookie has achieved a lot since opening its doors in 2014.

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What we like:

  • Strong range of sports for betting on
  • 24/7 customer support available through three methods
  • Supports cryptocurrency transactions
  • Excellent mobile betting platform

What we don´t like:

  • Large rollover to complete on bonuses
  • No e-wallet payment options

4. BetOnline Sportsbook – The Best for Posting Odds Earlier Than Others (Welcome Bonus: 50% Up to $1,000)

If you like to get ahead of the game before anyone else, then BetOnline is the platform to visit. This site is well-known for posting odds early, and that can provide a nice advantage. It is also this that has led to it becoming one of the largest online sportsbooks, and US players get to benefit from some of the largest wagering limits, too. Fast payouts are associated with BetOnline, meaning that you’ll receive your withdrawals swiftly. With an excellent platform, both online and via mobile, as well as a diverse range of supported payment methods, this is another sportsbook that you shouldn’t miss out on.

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What we like:

  • Fast payout process
  • Exciting mobile betting experience
  • Early odds posted
  • High wagering limits for US players

What we don´t like:

  • Hidden fees for certain payment methods
  • High wagering requirements for bonuses

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?

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

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.

FAQ

Why Is It Taking Longer to Roll Out All Sportsbooks in Colorado?

While the deadline to launch sports betting in the state was May 2020, the impact of the COVID pandemic has pushed the launch of some sportsbooks back. The likelihood is that the remaining platforms will launch in 2021 now.

How Is the Sports Betting Industry Regulated in Colorado?

The Colorado Division of Gaming, which is a division of the Department of Revenue, is responsible for regulating the sports betting sector in the state. Among the duties of the Division of Gaming, it must investigate license applicants to ensure that they can afford to operate an online sportsbook.

What Payment Methods Are Supported at Colorado Sportsbooks?

While different sites will accept different payment methods, it’s not uncommon to find standard banking options at available sportsbooks. These include credit and debit cards, e-wallets like PayPal, cryptocurrencies including Bitcoin and so on.

Who Can Bet Online in Colorado?

Anyone who is 21 years of age or older can access online sports betting within Colorado’s borders. There is no requirement to be a permanent resident within the state, though.

What Sports Are Able to Be Wagered on at CO Sports Betting Sites?

While it’s true that different online sportsbooks provide different sports events for betting on, the vast majority of them will have large ranges of events. These include popular American sporting events from the MLB, NBA, NHL, NFL, NCAA and so on, as well as international sports like tennis, soccer, golf and volleyball. eSports are not included in Colorado’s own sportsbooks, though.

Will Colorado Ever Introduce Legal Online Casino Sites?

Unlike New Jersey, Nevada or Pennsylvania for example, Colorado has no intention to introduce players to online casino gaming for the time being. There haven’t been any pushes for this to be made legal, and with sports betting only just managing to become a legal option in 2019, perhaps legislators will want to wait a while before Colorado casinos are focused on.

 

Jack Schiffko

About Jack Schiffko

Jack S. is a seasoned gambler and writer with over 10 years experience within the iGaming industry. He has written for several online casinos, bookmakers and iGaming news outlets. His favorite subjects are slots and live casino games. Find out what kind of games he recommends and prefers.