Colorado was the 18th state to legalize sports betting, going live with sports betting in May 2020 with both land-based and mobile/online sports books. Sports bettors in Colorado have a large selection of online sports books to choose from in the state, including a few top well-known operators as well as some branded online sportsbooks. Land-based sportsbooks are also popping up across the state, giving bettors another option if you visit one of the state’s casinos. Although online casinos and online poker have been put on the back-burner in Colorado, the state is home to widespread land-based casinos in mountain-towns. Online gambling has been met with stiff resistance so far, but given that casino gambling is already present, it would not be surprising to see online casinos eventually come to this increasingly progressive state.
What is available in Colorado?
The state has yet to give the go ahead on online casinos and online poker, but thanks to a 2018 US Supreme Court decision overturning PAPSA, states were finally greenlighted to legalize sports betting. In the wake of the decision, Colorado was among a couple dozen states that jumped at the chance to legalize and regulate.
There are now nearly a dozen Colorado online sportsbooks available in the state, providing a very competitive environment, benefiting sports bettors with improved bonuses and a better user experience. Daily fantasy sports is also available in Colorado with major providers including DraftKings and FanDuel. Colorado residents shouldn’t expect immediate results to regulate other forms of online gambling but with Colorado housing its fair share of land-based casinos, it could easily happen in the intermediate term, especially once voters and legislators see the benefits from sports betting.
Despite the launch of a large number of sportsbooks in the state, there are many more on the way, which will provide bettors with even more options from other established operators.
Online sports betting in Colorado
Colorado is one of the best states for online sports bettors, with heavy competition and minimal restrictions on sports and bet types. Colorado regulations allow online sportsbooks to offer betting lines on a variety of sports including all major sports and many international sports. This includes the ability for you to bet on your favorite Colorado sports teams including the Denver Broncos, Colorado Rockies, Colorado Avalanche and Denver Nuggets.
There are very few restrictions on Colorado sports betting with a notable exception being amateur sports such as high school football. You can, however, wager on eSports as well as college sports with betting lines available on major college teams including Colorado Buffaloes, Air Force Falcons and Colorado State Rams. Allowed betting types include spread wagering, parlays, totals, prop bets and most major forms of wagers. In Colorado’s relaxed online sports betting market, assume its available until proven otherwise. Given the state’s large number of sportsbooks, you can expect great odds, head-turning promotions and easier ways to bet.
Online poker in Colorado
Live poker rooms are available in four Colorado casino towns including Black Hawk, Colorado Springs and Denver. However, online poker is not an option at this time as the state has chosen to focus on online sports betting for now. Players who are looking to play online poker legally will be limited to sites such as Global Poker, which use a sweepstakes model, utilizing “Sweeps Coins” at the table instead of real money. Widespread online poker is not imminent but possible for Colorado in the future. Casinos that house poker rooms will likely be associated with any online poker sites, if and when they are finally regulated.
Online casinos in Colorado
The lack of online casino regulation in Colorado is a disappointment, but it has been awhile since a major effort was made to legalize online casinos in the state. This is at least partially due to the fact that casino gambling is limited to mountain towns and online gambling could be seen as more of a threat than other states. Still, with online gambling spreading across the United States it could be sooner than you would think, especially if online sports betting continues to be a success. Keep an eye on neighboring states, as any movement there could force Colorados hand. Other CO Online Gambling
Apart from online sports betting, online gambling in Colorado is currently fairly limited. In addition to online casinos and online poker games not yet legal, the Colorado Lottery also does not offer games to play online nor can you purchase lottery tickets online. There are a couple executions for horse racing and daily fantasy sports, which are both widely available across the United States. Players can access top daily fantasy sports sites such as DraftKings and FanDuel, which users can access in addition to the online sportsbook.
Horse ragering isn’t specifically addressed in Colorado’s sports betting law but nine companies are authorized to operate in the state. Popular choices include TVG, TwinSpires and Xpressbet.
A history of Colorado Online Gambling
Widespread gambling in Colorado originally passed in 1991 through Colorado Amendment 50, but limited its operations to three Colorado mountain towns including Black Hawk, Central City and Cripple Creek in an effort to preserve the history of these historic places. The bet limit in these casinos was one of the lowest in the nation at $5, although that limit was increased to $100 occurring in 2009. Allowed games under Colorado law include slots, video poker as well as table games such as blackjack, craps, roulette, Ultimate Texas Hold’em, 3 card poker and 4 card poker. Sports betting was passed in 2019 which put the issue to a ballot vote, passing narrowly and ultimately bringing sports betting to market in the state in May 2020.
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In order to bet on sports in Colorado on retail or online sportsbooks, you must be at least 21 years of age or older. This is different for the minimum age of wagering on the lottery and bingo games, which is 18.
Who can bet on sports in the state of Colorado?
In addition to being of legal age, to wager on Colorado online sportsbooks you must also be physically located in the state at the time of wagering. If you are visiting Colorado from another state, you can also place bets while you are within Colorado borders. Note that while you can not wager on Colorado sportsbooks outside of the state, you are able to create accounts and make deposits from outside the state.
Colorado puts a series of safeguards in place to ensure that you are authorized to bet on sports. These steps include geo-location tools to insure that you are physically located in the state. Identity authorization requires you to verify your identity and may require you to submit a social security number or to submit documentation.
What is the relationship between Colorado casinos and sportsbooks in the state?
Colorado law requires established online sportsbooks to partner with existing Colorado casinos to be licensed in the state. The law allows well-known sportsbooks such as DraftKings, FanDuel and BetRivers to offer betting lines to bettors in Colorado.
Who regulates online gambling in Colorado?
Online sports betting is regulated by the Colorado Limited Gaming Control Commission, which is a five-member group including a corporate manager, an attorney, a law enforcement officer, a CPA and a registered voter. The CLGCC and the Division of Gaming have overseen the industry in the state since 1991 also regulating other forms of gambling.
What is the law that regulated online gambling in Colorado?
Colorado legislatures originally passed a sports betting bill in HB19-1327 of 2019. It was then put up as a ballot initiative to the voters in November 2019 through Proposition DD where it was approved by a margin of 51.41 to 48.59%
Sportsbooks are charged a 10% tax on sports betting operations, which are used to pay for regulation as well as fund state water projects.
Are CO online gambling sites safe?
Yes, Colorado online sportsbooks are considered very safe as they are regulated by the state of Colorado. In addition, many of the online sportsbooks available in the state are through some of the biggest names in the industry, often owned by major corporations.
What devices can I use to bet online in Colorado?
Colorado sports bettors have the option for accessing online sportsbooks through web browsers, or by using dedicated mobile apps that are available on Android and iOS devices.
How can I deposit and withdraw my funds?
The specific deposit and withdrawal options available to you will vary by the online sportsbook you are using. However, in general, expect to be able to fund your account with options such as Paypal, credit/debit/prepaid cards, online bank transfers and bank wires as well the opportunity to deposit with cash at casino cages and at participating 7-11s.
Withdrawals options include Paypal, Skrill, online bank transfers and in-person. Sports Bettors are able to register for sportsbooks online while making deposits and withdrawals from the comfort of their home.
What should you do if you have a gambling problem?
If you or someone you know may have a gambling problem, players can turn to the Problem Gambling Coalition of Colorado. Players may call 1-800-522-4700 for help or 303-662-0772 for information.