Online Sports Betting in Colorado

Colorado Sports betting

“Can I bet on sports in Colorado?” As a newcomer to sports wagering, this might be one of your first questions. The answer is “Yes!”

Colorado sports betting has been live, legal, and available since May 2020. “The Centennial State” now features more than two dozen legal sports betting apps. Located in the Western half of the United States, Colorado has a pretty unique and interesting history.

Generally, people from Colorado have been dubbed “Coloradans” or Colorodoans.” Those from the capital (Denver) have also been known as “Denverites.”

Colorado is also one of the only US states (along with Arizona, Utah, and New Mexico) where you can technically be in four states at once. With each of those four states’ borders meeting at a single location, you can actually hop across state lines!

From a sports perspective, Colorado remains one of the rare places worldwide to turn down the opportunity to host the Olympic Games.

Many famous celebrities were born in Colorado, ranging from actor Tim Allen to star running back Christian McCaffrey to Olympic gold medalist Mikaela Shiffrin.

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A Historical Timeline of Online Sports Betting in Colorado

Colorado sports betting started in earnest almost four years ago. Both retail and online sportsbooks opened for business at the start of the COVID-19 pandemic, creating extra challenges for both in-person wagering as well as sports to bet on. Here’s a timeline outlining the key legislative milestones and operational developments that have shaped sports betting in Colorado.

  • May 2020: Colorado officially legalizes online sports betting following the passing of Proposition DD by state voters in November 2019. This new law allows licensed operators to offer online and retail betting on professional, collegiate, motor, and Olympic sports. On the first day of legalization, several sportsbooks launch online betting platforms in Colorado, including DraftKings, FanDuel, BetMGM, and BetRivers.
  • June 2020: The Colorado Limited Gaming Control Commission grants licenses to more operators, expanding the state’s online sports betting.
  • 2021: The Colorado Department of Revenue reports significant growth in the betting handle, indicating strong adoption of sports betting among residents. Amid the COVID-19 pandemic, online sports betting sees an increase as live sports events gradually resume, with enhanced public interest and participation.
  • 2022: Colorado continues to attract major sportsbook operators, with the market becoming increasingly competitive. New features and betting options are introduced, improving user experiences.
  • 2023: Colorado’s online sports betting market is firmly established, with comprehensive offerings across various sports. Tax revenue from sports betting contributes to water conservation projects and other state funding needs.
  • 2023: The state government and regulatory bodies continue to monitor and adjust regulations to ensure fair and responsible gaming practices among operators and bettors.

This timeline highlights the rapid development and adoption of online sports betting in Colorado, reflecting broader trends in the U.S. The states are increasingly legalizing and regulating online betting following the 2018 Supreme Court decision that overturned the federal ban on sports betting.

So, whether you’re a fan of the Colorado Rockies or the Denver Broncos, online betting is ready for you with all the legal boxes checked.

You should stick with licensed operators and steer clear of the back alley bookies. Continue reading below to learn more.

Here are some things that you need to know in 2024:

  1. You must be 21 or older to bet on sports in Colorado.
  2. Players, referees, and coaches (principal actors) cannot legally bet on their own sports.
  3. You can bet on outlandish sports like corn hole but not awards events (like the Oscars or ESPYs).
  4. Colorado doesn’t allow esports betting or any betting form where the average age of the participant is younger than 18.
  5. With the exception of tribal casino sportsbooks, all retail sportsbooks in Colorado are in one of three towns (Black Hawk, Cripple Creek, or Central City).
  6. In the first 18 months of being live, Colorado sportsbooks collected more than $5B in wagers.
  7. The state licenses sportsbooks that partner with casinos in the state.
  8. Colorado taxes in-state sportsbooks at a rate of 10%.
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Best Betting Bonus Offers at CO Sportsbooks in 2024

Let’s get down to the details of what can make your betting experience in CO better. We’re talking bonuses – the cherry on top of your sports betting sundae.

sports betting legal gambling usaWhat’s a Bonus and How Does It Work?

Imagine walking into a local diner, and they greet you with a complimentary dollop of blueberry jam on the house. That’s kind of what a bonus feels like in the sports betting world. It’s a little extra something to get you started or keep you in the game.

However, remember that everything comes with a price, so look for wagering requirements.

Whether it’s a free bet or cashback, you will need to wager your winnings before you can make a withdrawal. Sometimes, it is necessary to wager the money 1, 5, 25, or even 50 times to withdraw your winnings. Make sure to read any terms and conditions properly before you accept any sports betting bonuses.

Now, these bonuses come in all shapes and sizes, and here’s the scoop on how they entice your wagering:

Free Bet: Your Ticket to Risk-Free Play

Imagine this: You’re at a Denver Broncos game, and someone hands you a free ticket – that’s a free bet. It’s a chance to place a wager without risking your own cash. If your bet wins, you score the winnings (minus the value of the free bet). For instance, if you’ve got a $10 free bet and you place it on your favorite team at odds of +100, a win would net you $10 – sweet, right?

Welcome Bonus: The Colorado Hello

A welcome bonus is like the Colorado National Monument calling you over – it’s how CO sportsbooks greet new players. Typically, it’s a package deal, maybe a combo of a free bet and a deposit bonus. You might get a 100% match on your first deposit of up to $250. Deposit $250, and you’ve got $500 to start betting with.

Reload Bonus: Keep the Game Going

Ever refill your bus pass? A reload bonus is similar – it’s a bonus you get when you add funds to your account. Not your first rodeo? No problem. Deposit on a designated reload day and get, say, 50% extra up to $100. Add $200 to your stash, and you’re playing with $300.

Wager Bonus: Every Bet Counts

A wager bonus gives you a little back for every bet you make, win or lose. It’s like finding a few extra bucks in your jeans pocket. Bet $50 on the Colorado Rockies, and you might get a $5 bonus, regardless of the game’s outcome.

Express Bet of the Day: The Fast Track

The express bet of the day is like the special at your favorite deli – it’s there, it’s hot, and it’s usually a good deal. The sportsbook picks a bet, juices up the odds, and you get the chance for a bigger win. Maybe the Denver Nuggets are playing, and the sportsbook offers enhanced odds for them to score first.

Combo Boost: The More, The Merrier

This is for the bettors who like to mix it up. Place a combo bet (multiple selections in one bet), and if you win, a combo boost adds extra winnings to your take. It’s like ordering green chili with a side of burritos and getting a free soda to boot. More selections often mean a bigger boost.

Cashback: Getting Your Dough Back

Nobody likes to lose, but cashback eases the sting. It’s like returning a shirt to the store and getting store credit. Bet on the Colorado Rapids, and if they don’t pull through, you might get a percentage of your bet back as a bonus to try again.

Bet Insurance: Your Safety Net

Think of bet insurance as your umbrella on a cloudy day. If your bet goes sideways, insurance can refund your stake. Say you bet on your favorite team to win, but they tie. With bet insurance, you could get your money back as a free bet or site credit.

casino and sports bonus

Odds Boost: Supercharge Your Winnings

An odds boost is like Happy Hour for bettors – your bet, but more lucrative. Take a regular bet on the Denver Broncos to win, and with an odds boost, you could see increased potential returns. A +150 bet might get boosted to +200, increasing your payout on a win.

Parlay Boost: Amp Up the Ante

Lastly, for the high-rollers, the parlay boost is like playing the stock market and hitting it big. Combine several bets into one (a parlay), and if all your picks come through, a parlay boost increases your winnings. It’s the difference between a good day and a parade in your honor.

No Deposit Bonuses: The Freebie

These are the “Welcome to Colorado” kind of deals – get a bonus just for showing up. No need to reach for your wallet. Sign up, and bam, you get a bonus to start betting. But remember, nothing’s truly free – there might be some playthrough requirements.

Deposit Bonuses: Boost Your Bucks

Suppose you’re throwing some of your own dough into the mix. In that case, a deposit bonus is like the city matching your tax contributions with better roads. The sportsbook might match a portion of your deposit with bonus funds. If you deposit $100 and there’s a 100% match, you’ve got $200 to play with!

  Loyalty Programs

This is like your coffee shop punch card. Bet regularly, and you earn points. Rack up enough, and you could get free bets, swag, or even perks at physical venues.

Feel like an expert in betting, by earning points for every dollar you bet. Each of these bonuses adds a layer of excitement to your betting.

Always play it smart, though. Studying the T&Cs is the key to making the most of these offers.

Understanding Betting Bonus Terms & Conditions

Before you leap faster than a Rocky Mountain National Park squirrel, pause and read the fine print. Every bonus comes with terms and conditions. Look out for wagering requirements, expiry dates, and which sports or odds you can use the bonus on.

The best bonus is like the green chili – it depends on your taste. Love football? A parlay boost might be your jam. Into the slow burn of baseball? Cashback offers could be your home run. Match it to your betting style, and you’ll maximize the fun.

Remember, always read T&Cs like you’re studying a map. Know your routes and stops, and you’ll never end up in a betting bind. Now, let’s keep rolling and check out those betting apps.

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Betting Apps in Colorado 2024

colorado online sports bettingColorado’s online sports betting scene is a dynamic market, and with the introduction of mobile betting, it’s never been easier for Coloradans to place a wager on their favorite teams.

In 2020, mobile betting opened in CO, revolutionizing the game for bettors statewide. With a few taps on a smartphone, sports enthusiasts can now accessa world of odds, wagers, and potential wins.

The licensing fees for operators to enter the CO market are adequate to the industry’s lucrative nature. This influx of funds doesn’t just fill the coffers of the betting companies; a significant portion is allocated to the public good.

The state also sets aside funding for problem gambling services, with the rest of the tax money going to fund the state’s water plan. In the 2021-22 fiscal year, the state allocated $12.4 million in sports betting taxes to the Colorado Water Plan.

What Betting Apps Are Available in Colorado?

Let’s look at some of the key players in the Colorado betting app scene.

DraftKings Sportsbook

  • DraftKings has evolved from a pure DFS platform to a comprehensive sportsbook, offering innovative betting features and a seamless mobile experience.

BetMGM Sportsbook

  • BetMGM brings the excitement of Vegas betting to the palm of your hand, boasting a user-friendly interface and a vast selection of betting options.

BetRivers Sportsbook

  • BetRivers is known for its straightforward bonuses and a rewards program that offers real value for frequent bettors.

FanDuel Sportsbook

  • FanDuel‘s sleek design and engaging live betting options make it a favorite among Colorado’s sports betting fans.

Each app comes with its unique features, betting markets, and user experiences, aiming to make sports wagering enjoyable, convenient, and accessible for all Coloradans.

As you navigate the exciting world of CO betting apps, remember to play responsibly. Betting should be entertaining, not a financial strategy. Set limits, bet within your means, and always seek help if you need it.

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Navigating Colorado Betting Apps in 2024

Choosing an App

When you’re picking a betting app in Colorado, consider factors like user experience, available markets, the competitiveness of odds, the speed of payouts, and, of course, the bonuses and promotions on offer.

Registration Process

Generally, signing up will involve creating an account with your personal details, confirming you’re of legal betting age, and perhaps entering a promo code to claim that welcome bonus.

Depositing Funds

Most apps will offer a variety of deposit methods — from credit and debit cards to e-wallets and bank transfers. Some might even allow deposits at physical casino cages associated with the sportsbook.

Claiming Bonuses

Look for welcome bonuses, and be sure to understand the terms. This might mean placing a qualifying bet, meeting wagering requirements, or betting at certain odds.

Placing Bets

From the classic moneyline to intricate parlays, CO betting apps will have many betting options. Live betting is also a popular feature, allowing you to place bets as the action unfolds.

Withdrawal of Winnings

When you’re ready to cash out, withdrawal options might include the same methods you used to deposit. Just be aware that a verification process could be required to ensure secure payouts.

Customer Support

Good customer support can be crucial, especially if you’re new to betting. Look for apps that offer comprehensive FAQ sections, live chat, email, and phone support.

Types of Betting Apps in Colorado

betmgm mobile app

Sportsbook Apps

  • These specialize in sports betting, offering a range of markets from the NFL to the NHL and beyond. They’re the go-to for the traditional sports bettor.

Fantasy Sports Apps

  • Daily Fantasy Sports (DFS) apps are also popular in Colorado. These apps are a different kind of fun, focusing on building fantasy teams and competing in various contests.

Horse Racing Apps

  • If you’re into the ponies, apps focusing on horse racing might be your jam. These apps offer betting options for races held in Colorado and worldwide.

Always remember to bet responsibly. Set limits for yourself, and if you feel like you’re losing control, seek resources that can provide assistance.

To ensure your safety and the security of your bets, only use betting apps that the Colorado Limited Gaming Control Commission has licensed and regulated.

Tips for Finding the Best Betting App in CO

  • Promotions: Look for apps that regularly offer the types of bonuses you enjoy.
  • Odds: Compare odds across apps to get the best value for your bets.
  • Live Streaming: Some apps offer live streaming of events, enhancing the live betting experience.
  • Reviews: Check out user reviews of the app for personal experiences and tips.

Remember, online betting regulations can change, so always ensure you’re getting the most up-to-date information directly from the source.

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CO Sports Betting Laws

Colorado legal gamblingSports betting in Colorado is regulated by the Colorado Limited Gaming Control Commission. Legal in-person or online sports wagering in Colorado began in 2020.

Below are some key laws and regulations governing sports betting in the Centennial State:

Betting Legal Age and Location in CO

  • Bettors must be at least 21 years old to place a sports bet. Online betting is permitted anywhere within the state boundaries, verified by geolocation technology.

Legal Types of Bets and Sports in CO

  • Colorado allows betting on a wide range of sports, including professional sports and NCAA football and basketball, as well as wagering on Colorado college teams and college events taking place in the state. Betting on high-school sporting events or, only with respect to proposition bets, collegiate sporting events are not legal.

Online Sportsbook Licenses in CO

  • The passage of legislation in 2019 allows the 33 casinos in the state to hold licenses to provide sports betting both on-site and through mobile apps and websites. Furthermore, the Ute Mountain Ute Tribe and Southern Ute Indian Tribe are allowed to provide sports betting.

Taxation

  • Colorado’s online sportsbook operators are taxed 10% of their gross gaming revenue. To effectively cut the tax rate, operators can deduct payments to players, free bets up to a specific percentage, and the 0.25% federal excise tax on sports bets.

Betting on College Sports

  • Betting on college sports is permitted in Colorado with the exception of proposition bets. Sportsbooks can offer bets on games involving in-state college teams and college events occurring within state lines.

Responsible Gaming

  • It is important to find sportsbook operators that promote responsible gaming, including providing resources for those seeking help with problem gambling.

The regulatory framework ensures that sports betting in Colorado is conducted in a fair, secure, and responsible manner, with protections in place for bettors and the integrity of sports and betting events.

Popular Sports in Colorado 2024

Denver Broncos (NFL)

Colorado is similar to many states – it has one capital city that commands much of the action and is host to professional teams. All of the pro sports teams in Colorado are based in or around Denver.

  • Denver Broncos (NFL): Based in Denver, the Denver Broncos are a professional American football team. As a founding member of the American Football League (AFL), the franchise started play in 1960 and merged with the NFL in 1970. The Walton-Penner company currently owns the Broncos, who play their home games at Empower Field at Mile High.
  • Denver Nuggets (NBA): The Denver Nuggets are a Denver-based American basketball team that plays professionally. The team was established in 1967 as a charter franchise of the American Basketball Association (ABA) under the name Denver Larks, but prior to the start of the inaugural season, they changed to the Rockets. In 1974, the Rockets rebranded themselves as the Nuggets.
  • Colorado Rockies (MLB): Based in Denver, the Colorado Rockies are a professional baseball franchise in the United States. Coors Field, in Denver’s Lower Downtown, is the home field for the team’s home baseball games. The Monfort brothers control the club, which Bud Black is in charge of.
  • Colorado Avalanche (NHL): Based in Denver, the Colorado Avalanche, also referred to as the Avs, is a professional ice hockey team. The squad shares Ball Arena, home of the National Lacrosse League (NLL)’s Colorado Mammoth, with the Denver Nuggets of the National Basketball Association (NBA).
  • Colorado Rapids (MLS): Based in the Denver metro area, the Colorado Rapids are a professional soccer team in the United States. The club was a founding member of Major League Soccer (MLS), having started play in 1996. It was founded in 1995 as a division of the Anschutz Corporation and eventually became a founding sports franchise of the international sports and entertainment conglomerate AEG.

In addition to the pro teams, there are also plenty of collegiate programs that have a home in Colorado.

  • Colorado Buffalos (University of Colorado Boulder): The 16 varsity sports teams go by the name Buffaloes, or just “Buffs” for short. Rick George has been the athletic director since July 17, 2013. The university has won 29 national titles, mostly in skiing, with the most recent one occurring in 2015.
  • Colorado State Rams (Colorado State University): The athletic teams that play for Colorado State University (CSU) are called the Colorado State Rams. Division I FBS football is sponsored by the Mountain West Conference, an NCAA Division I conference where Colorado State’s athletic teams play in competition with eight other universities. In addition to winning nine MWC tournament titles, CSU has won or split eleven regular-season championships.
  • Air Force Falcons (United States Air Force Academy): The United States Air Force Academy, situated in Colorado Springs, is represented by the collegiate sporting teams known as the Air Force Falcons. There are ten women’s and seventeen men’s NCAA-sanctioned teams in the athletics department. Nathan Pine is the athletic director at the moment. Most Falcon teams participate in the Mountain West Conference as members of the league.
  • Denver Pioneers (University of Denver): The University of Denver’s (DU) sports teams are called the Denver Pioneers. They compete in Division I of the National Collegiate Athletic Association (NCAA) and, as of 2024, had won 35 NCAA titles—24 in skiing, 10 in men’s ice hockey, and 1 in men’s lacrosse—putting them in the top 15 schools overall.
  • Northern Colorado Bears (University of Northern Colorado): In college athletics, the University of Northern Colorado in Greeley, Colorado, is represented by the Northern Colorado Bears. The university supports seventeen teams. Moreover, the majority of the Bears’ teams are Big Sky Conference members, and they compete in NCAA Division I, with the football team playing at the FCS level.
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Types of Bets Available in Colorado

nfl bettingMoneyline Bets

  • Moneyline betting is the simplest form of betting and is widely popular. Here, you select the team or player you believe will win the match outright. For example, betting on the Denver Broncos to win against their local rivals.

Point Spread Bets

  • Point spread betting involves a handicap placed on a favored team that must win by more points than the spread to win the bet. For instance, if the Buffalo Bills are -6.5 against the Miami Dolphins, they need to win by at least 7 points for a bet on them to pay out.

Totals (Over/Under) Bets

  • With totals betting, you’re betting on whether the combined score of both teams will be over or under a certain amount. For example, if the over/under for a Denver Nuggets vs. Los Angeles Lakers game is set at 210.5, you bet whether the total points will be above or below that number.

Parlay Bets

  • Parlays allow bettors to combine multiple bets into one wager. To win, all selections in the parlay must be correct. For example, a bettor could combine bets on multiple teams into a single parlay bet for higher potential returns.

mobile-gamblingTeaser Bets

  • Teasers are a type of parlay in which the bettor adjusts the point spreads for the selected games. For instance, adding 6 points to each underdog’s spread in a two-game NFL teaser bet.

Prop Bets

  • Proposition bets, or prop bets, focus on the occurrence or non-occurrence of specific events during a game that may not directly influence the game’s outcome. An example would be betting on the number of strikeouts a pitcher will throw in a game or how many points a basketball player will score.

Futures Bets

  • Futures are bets on events that will happen in the future, such as which team will win the championship or who will be the MVP. For instance, you could place a bet before the season starts on the Denver Broncos to win the Super Bowl.

Live Bets

  • Live betting, also known as in-game betting, allows bettors to place wagers on events as they are happening. Odds and offerings can change rapidly, providing a dynamic betting experience. For example, betting on your favorite team to score the next goal while watching the game.

Round-Robin Bets

  • Round-robin betting is a strategy that involves placing multiple parlay bets at once. The bettor selects a list of teams or totals, and then groups them into smaller parlay bets. For example, making three 2-team parlays out of bets on multiple teams.

Each type of bet provides different opportunities and strategies for bettors, whether you’re looking for a straightforward wager or something more complex with potentially higher rewards. Colorado’s legal betting platforms offer the full range of these bets, accommodating everyone from the novice to the experienced bettor.

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How to Understand Betting Odds

odds nflUnderstanding betting odds is essential for any bettor. Odds represent the probability of an event occurring and dictate how much a bettor can win. Here’s a breakdown of the most common formats:

American Odds

American odds are represented by a plus (+) or minus (-) sign, followed by a number. The plus sign indicates how much you’d win with a $100 bet, while the minus sign shows how much you need to bet to win $100.

Example:

Favorite: -150 (bet $150 to win $100)

Underdog: +200 (bet $100 to win $200)

Decimal Odds

Decimal odds show the total payout instead of the profit. To calculate your potential payout, multiply your stake by the decimal number.

Example:

If the decimal odds are 1.50 and you bet $100, you’ll receive $150 for a win (1.50 * $100 = $150).

mobile-gamingFractional Odds

Popular in horse racing, fractional odds represent the profit relative to the stake.

Example:

Odds of 5/1 (read as “five to one”) mean you win $5 for every $1 wagered, plus your original $1 stake, for $6.

Reading Odds for Different Offerings

The odds are straightforward for straight bets, like point spreads, moneylines, and totals. In parlays or accumulators, however, odds are multiplied for each added bet, significantly increasing the payout potential.

With prop bets, odds vary widely based on the likelihood of specific events occurring within a game.

Understanding and reading odds is a fundamental skill for sports bettors in Colorado that can significantly impact their betting strategy and potential winnings.

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College Betting in Colorado

college football seasonCollege sports hold a special place in the hearts of Coloradans, where the excitement of the game meets the anticipation of the bet.

Betting on college sports can seem daunting at first, but it’s much like betting on professional sports. You’ll find similar types of bets, like moneylines, point spreads, and totals, tailored for the college scene.

In Colorado, college sports betting is allowed with the exception of proposition bets, and sportsbooks can offer bets on any professional sports or athletic event, collegiate sports or athletic event, or amateur sports or athletic event.

What sets college sports betting apart is the passion and unpredictability of the games. College athletes play for the love of the sport, often resulting in unexpected outcomes and gripping matches perfect for the betting scene.

NCAA tournaments, especially during March Madness, become a focal point for betting. This is when brackets get filled out, office pools grow large, and bettors keenly watch as underdogs and favorites clash on the court.

Colorado’s sports betting scene embraces the vigor of college sports while promoting responsible gambling practices. Remember, while betting adds to the excitement, it should always be done within the confines of the law and personal limits.

Payment Options for Colorado Sports Betting

When betting in Colorado, bettors have access to various payment methods, each offering different benefits in terms of convenience, speed, and security.

Understanding these options can enhance the betting experience by making deposits and withdrawals more efficient.

credit card paymentsCredit and Debit Cards

Visa and MasterCard are widely accepted for deposits at Colorado sportsbooks. They offer instant transactions, allowing bettors to place bets quickly. However, withdrawals to credit or debit cards are often not available, requiring bettors to use alternative methods for cashing out.

E-Wallets

E-wallets such as PayPal, Skrill, and Neteller are popular among bettors for both deposits and withdrawals. They offer an extra layer of security as they do not require sharing bank details with the sportsbook. Transactions are typically swift, with deposits being instant and withdrawals taking only a few hours to a day.

Online Bank Transfers

Online banking is a secure way to transfer funds directly from a bank account to a sportsbook account. Most banks offer this service, which is secure and easy to use. However, transfer times can vary, with some transactions taking a couple of business days.

Prepaid Cards

Many sportsbooks offer branded prepaid cards for betting funds. These cards are convenient for those who wish to manage their spending tightly and can often be used for both deposits and withdrawals.

PayNearMe

For those who prefer to use cash, PayNearMe is a service that allows bettors to deposit at local retail locations using a barcode that is scanned to transfer funds into their sportsbook account. This method does not support withdrawals.

Cash at the Cage

Bettors can also deposit and withdraw cash directly at the casino cage of the associated sportsbook. This method is highly secure and immediate but requires the bettor to travel to the physical location.

Checks

Checks are a withdrawal option for those who prefer traditional banking methods. They are generally secure but processing can take a week or more.

It’s important for bettors to check the specific sportsbook for available payment options, as well as any fees or transfer times that may apply. Understanding the details and fees of each method can lead to a more seamless and enjoyable sports betting experience.

Withdrawals

While depositing is usually quick, withdrawals can take longer to process, depending on the method. E-wallets tend to offer the fastest withdrawal times, often within 24 hours, while bank transfers and checks can take several business days.

Security and Privacy

Colorado’s legal online sportsbooks implement strong security measures to protect financial transactions and personal information. Bettors should ensure they are using licensed and regulated sites to benefit from these protections.

Responsible betting practices are vital. Colorado’s sportsbooks encourage responsible gaming and offer tools to help manage spending and gaming behaviors, ensuring a safe and enjoyable experience for all participants.

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Esports in Colorado 2024

The esports industry has grown globally, and Colorado has not been left behind. Esports betting encapsulates wagering on competitive video gaming, which has surged in popularity, drawing in both gamers and bettors alike.

In Colorado, esports betting is covered under the umbrella of sports betting, which was legalized in May 2020. The state’s legislation and regulations on sports betting include provisions for betting on competitive video gaming, provided the events are sanctioned and meet certain criteria to ensure integrity and fairness.

However, Colorado does not permit betting on high school sports or any event where most participants are younger than 18.

G2 EsportsBetting on Esports

Those looking to engage in esports betting in Colorado should seek out sportsbooks that have expressly included esports in their offerings. To avoid any legal issues, it’s critical to ensure that these platforms operate within the legal confines established by Colorado’s gaming authorities.

The most common titles you’ll find in the esports betting scene include global juggernauts like “League of Legends,” “Dota 2,” “Counter-Strike: Global Offensive,” and “Overwatch.” These games have well-established leagues and tournaments with a vast following, which often culminate in championship events that attract significant betting action.

Moreover, as with any form of gambling, it is important to approach esports betting responsibly. Bettors should set limits, bet within their means, and always prioritize their financial well-being over the entertainment value of betting.

Daily Fantasy Sports (DFS) in Colorado 2024

Daily fantasy sports (DFS) contests are legal in Colorado. The state legalized these games in 2016. If you’re 18 or older, you can participate in DFS contests on licensed platforms like FanDuel, DraftKings, and other approved sites within the state.

The Division of Gaming in Colorado is tasked with overseeing the laws and regulations related to Fantasy Contests, including the licensing and operation of fantasy contest operators. It also aids in investigating illegal gambling activities in the state.

A “Fantasy contest” is a game in which participants pay to create and manage a simulated sports team roster and compete based on their knowledge of sports and athletes.

The results depend on the athletes’ statistical performance, reflecting the contestants’ skills and knowledge rather than the outcome of actual sports events.

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Traditional DFS and Casual Fantasy Leagues

Traditional DFS contests and casual season-long fantasy leagues, which have formats where participants draft virtual teams and compete based on the statistical performance of players in actual games, do not fall under the definition of prop bet mimicry.

Colorado has been refining its regulations to clarify the legal distinctions between different types of DFS games. Recent regulatory discussions have focused on providing clearer definitions of what constitutes a fantasy contest and establishing more robust advertising standards. These changes aim to enhance the transparency and integrity of DFS operations within Colorado.

DFS remains a popular pastime for many Coloradans. While the regulatory scene has tightened, the core of DFS gaming persists. The key for enthusiasts and casual players alike is to stay informed on the legal nuances and ensure any participation in DFS adheres to the latest regulations.

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Betting on Horses in Colorado 2024

Colorado has a thriving horse culture, exemplified by its involvement in horse racing, a sport with a rich historical background in the state. In addition to a horse racing venue, the state offers horse racing to a broad audience via off-track betting establishments and web-based platforms, catering to those who would rather participate virtually.

Bally's Arapahoe Park Colorado horse racingHorse Racing Venue

  • Bally’s Arapahoe Park: Bally’s Corporation owns and runs Bally’s Arapahoe Park, a horse racing track in Arapahoe County, Colorado, which is located outside of Aurora. Arapahoe Park, 26000 East Quincy Avenue, is home to Thoroughbred, Paint Horse, Quarter Horse, and Arabian horse racing events.

Off-Track Betting Facilities

For those who can’t make it to the track, off-track betting (OTB) facilities are available throughout the state. These venues allow people to watch and bet on races from around the world.

Online CO Horse Betting Platforms

Online horse race betting is also available in Colorado through platforms like TVG, DRF Bets, and Nyra. These sites allow for convenient betting from home or on the go and often offer additional resources like handicapping tools and expert analyses.

Impact of Recent Regulations

The rich tradition of horse racing in Colorado ensures that it remains a staple of the state’s gaming offerings.

Responsible gambling in CO

Responsible gambling is a critical aspect of the gaming industry, including in Colorado, where the state promotes healthy play while providing resources for those facing gambling problems.

Understanding Responsible Gambling

Responsible gambling involves playing within one’s means, understanding the odds, and knowing when to stop. It’s about recognizing gambling as a form of entertainment rather than a way to make money.

Resources and Help for Problem Gambling in CO

NCPG helpline problem gamblingIf you are based in Colorado and your gambling is out of control, you can call the National Problem Gambling Hotline at 1-800-522-4700. The call is anonymous, and the phone hotline is available 24/7/365.

You can also text the number 1-800-522-4700 or enter the website chat here. Help is never too late to get from NCPG, even if you have played at an illegal site.

Tips for Responsible Gambling

  • Set a budget: Only gamble with money that you can afford to lose.
  • Keep it fun: Remember that gambling is a form of entertainment.
  • Understand the games: Know how the games work and what the odds are.
  • Take breaks: Ensure that you balance gambling with other activities.
  • Don’t chase losses: Accept that losses are part of the game, and don’t try to recover them quickly.

Follow our Online Gamblers Academy to learn how to have fun responsibly!

Yes. Colorado is home to a single facility that offers live horse racing. Bally’s Arapahoe Park in Aurora is both a thoroughbred racetrack and a simulcast facility. Live racing and betting are available during August, September, and October each year. In addition, there are 10 standalone off-track betting locations scattered around the state. Finally, online horse betting sites like TVG can legally accept wagers from Coloradans.

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Colorado legalized sports betting in May 2020.

To bet on sports in Colorado, you must be 21 or older.

No, individuals involved in sports as players, referees, or coaches cannot legally bet on their own sports.

Colorado is home to pro sports teams like the Denver Broncos, Denver Nuggets, Colorado Rockies, Colorado Avalanche, and Colorado Rapids.

If you’re in Colorado and struggling with gambling, call the National Problem Gambling Hotline at 1-800-522-4700, available 24/7/365, for anonymous assistance. You can also text or chat for help. Follow our Online Gamblers Academy for responsible gambling guidance.

Retail sportsbooks in Colorado are located in three towns: Black Hawk, Cripple Creek, and Central City.

Colorado has collegiate programs like the Colorado Buffalos, Colorado State Rams, Air Force Falcons, Denver Pioneers, and Northern Colorado Bears.

 

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Catie Di Stefano has worked in the gambling industry since 2011 for major brands like Hard Rock Hotel & Casino, Gaming Innovation Group and Betsson Group. She started in customer support at age 19 and has since worked her way through VIP, CRM and Marketing. Today, Catie is passionate about educating players on consumer rights and the best approaches for legal play in the United States as the Director of Community Marketing at OnlineGamblers.com. Catie was born in Indonesia but grew up in Sweden. Currently, she resides in Spain with her two daughters.