Sports Betting in Colorado: Quick Overview 2022
Sports Betting in Colorado: Quick Overview 2022
Are you a resident of the great state of Colorado and an avid sports fan? If so, you have come to the right place as we bring you all the latest information related to sports betting in Colorado. In case you didn’t know, sports betting both live and online is now legal in Colorado, thanks to the House Bill 19-1327 which was passed in May 2019 and legalized sports betting statewide.
We take a close look at all the brick-and-mortar casinos that are licensed to operate online bookmakers, their online betting partners and all the other important information you will want to know before you place your first real money sports wager with a legal betting operator in Colorado.
- Sports Betting in Colorado: Quick Overview 2022
- Land-based Betting Operators & Racetracks in Colorado 2022
- Online Betting in Colorado 2022
- Mobile Sports Betting in Colorado 2022
- Colorado Betting Site List: Legal Betting Operators in 2022
- Gambling in Colorado: A journey into the past
- Gambling Guide: Colorado Online Betting
Land-based Betting Operators & Racetracks in Colorado 2022
For the longest time, sports betting was illegal throughout the USA, with the exception of the state of Nevada. This was due to the federal law called PASPA, which was created to protect professional and amateur sports leagues from potential negative influences related to sports betting.
This law was deemed unconstitutional by the Supreme Court and one by one states started issuing their very own sports gambling regulations. Colorado was not among the first to join this trend, but on May 29th 2019 the state passed the Colorado sports betting bill 19-1327 which made it possible for live casinos to provide sports betting services to their patrons.
Under the current regulations in Colorado, all 33 brick and mortar casinos can (and most have) apply for a single Master License for sports betting. Under this license, casinos can run their own retail sports betting as well as offer online sports betting in cooperation with one of the numerous online sports betting providers.
Over a dozen licenses for live casinos to operate sports betting on their premises have already been granted, with more currently in the works and likely to launch in the coming months. With this number quickly growing, Colorado is on track to become one of the states with the highest number of retail betting operators in the country.
Online Betting in Colorado 2022
Online sports betting in the state of Colorado was launched on May 1st 2020 and was made legal by the same House Bill 19-1327 that enabled retail sports betting as well. In order to offer their legal services, online operators must request their licenses from one of the 33 live casinos in the state, provided that the casino has already been granted a Master License by the Colorado Department of Revenue.
Several major online sports book Colorado venues jumped at the opportunity and managed to seal the deals with casinos before online betting was even possible and launched on the very launch date. Some of the major sports betting operators now available in Colorado include BetRivers, BetMGM, Betway, DraftKings and FanDuel.
The situation with online betting Colorado is quite interesting in fact, as this may become one of the states with the greatest number of legal online sportsbooks in America. With over a dozen sites already planned and in negotiations with casinos over their Master License, the competition in the online betting market is bound to become fierce.
In terms of what’s actually on offer in the online betting lobbies of Colorado, players can expect all sorts of betting options including all professional sports leagues, college sports and plenty of non-sports events such as politics, eSports etc.
Mobile Sports Betting in Colorado 2022
Mobile sports betting is one of the staples of the modern-day gambling industry and the state of Colorado has been one of the leaders in the USA when it comes to adjusting to this trend. With so many retail sports betting licenses issued and so many online operators jumping on board to partner up with the casinos, the mobile betting market has been flourishing as well.
According to the Colorado sports betting laws, each online sportsbook that is granted a license can also operate a single online sports betting app. This has caused a number of reputable betting apps to already launch within the state, as the likes of FanDuel and BetRivers are already live with their mobile betting products.
Players who download Colorado sports betting apps can use them with the same credentials that they use at the desktop versions of the same bookmakers and can even charge their betting accounts at the local casinos by depositing money at the cashiers. All betting options are offered on mobile devices, with a number of amazing apps available to all customers.
Colorado Betting Site List: Legal Betting Operators in 2022
|BetMGM||100% up to $1,000 Risk-free Bet|
|BetRivers||100% up to $250 Deposit Bonus|
|Caesars Sportsbook||100% up to $1,100 Risk-free Bet|
|DraftKings Sportsbook||20% up to $1,000 Deposit Bonus|
|FOX Bet||100% up to $500 Risk-free Bet|
|FanDuel Sportsbook||100% up to $1,000 Risk-free Bet|
|MaximBet||100% up to $2,022 Deposit Bonus|
|PointsBet||100% up to $1,000 Risk-free Bet|
|SBK Sportsbook||100% up to $20 Risk-free Bet|
|WynnBET||100% up to $1,000 Risk-free Bet|
|betway||100% up to $1,000 Risk-free Bet|
|theScore Bet||100% up to $1,000 Deposit Bonus|
Gambling in Colorado: A journey into the past
Colorado emerged as a state that was settled by immigrants who were moving further west and in its early 18th century days it was a state with mainly male population, which meant that pastimes such as drinking and wagering were on the menu daily. The earliest records of gambling in this state are those of card games in local brothels and saloons which were often constructed overnight.
This trend of gambling and other adult entertainment continued well into the 19th century and most of America’s fabled gamblers frequented Colorado’s gambling halls frequently, including Doc Holiday. As time went by, however, the USA became more “civilized” and eventually gambling in Colorado was outlawed altogether under Puritan influences.
The first true gambling regulation in Colorado came in 1991, when the first casinos were allowed to legally open within the state. Three casinos were open and a maximum stake of USD 5 was imposed. This limit was increased to USD 100 in 2009, making Colorado casinos more appealing to gamblers from other states and international visitors.
The emergence of legal sports betting in Colorado completed the circle by making all major forms of gambling legal within the state. Today, Colorado is a state where gambling is widely spread and not frowned upon at all, with dozens of gambling halls and well-structured laws that make all forms of gambling easy to come by.
Gambling Guide: Colorado Online Betting
|Gambling type||Legal status|
|Land-based Horse Racing||Legal|
|Online Horse Racing||Legal|
|Daily Fantasy Sports||Legal|
|Minimum Gambling Age||21|
Best Sports Betting Site
FAQOften asked and answered here
Yes! Colorado sports betting was first legalized in 2019 and first licenses were issued soon after. Today, there are over a dozen brick and mortar casinos offering sports betting services and some of them are partnered with online sports betting operators as well.
Sports betting in Colorado is offered primarily by brick and mortar casinos, all of which can be granted a Master License for sports betting. Online betting in Colorado is offered by online bookmakers who have to be granted a license by the retail betting operators first.
Sports betting in the state of Colorado is allowed to all persons over the sports betting age in Colorado, which is 21. Players must be physically within the state in order to make their bets with online operators and any casino visitors can place their wagers on premises.
In order to access online sports betting in Colorado, you will need to register an account with one of the growing number of online bookies within the state. Each online operator is linked to a live casino, and you may be able to deposit funds to your online account within the casino.
Yes, mobile sports betting in Colorado is available and offered at a number of online betting apps. Players can join these operators and bet both on their desktop and mobile platforms with the same accounts, making it easy to bet anytime and anyplace.
Absolutely! There are a number of great sports betting bonuses available to players wagering from the state of Colorado. Online operators in this state offer a number of lucrative deals and promotions for their new and existing players on a regular basis.
Sports betting in the state of Colorado is regulated by the Colorado Division of Gaming which is an agency with the Colorado Department of Revenue. The body ensures that all operators adhere to the strictest of standards and offer fully fair gambling to their customers.