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DFS & Sports Betting Tools, Exclusive Content, and Expert Chat
 
DFS & Sports Betting Tools, Exclusive Content, and Expert Chat
 
Colorado

Sports betting in Colorado offers some of the best sportsbooks available in the market. Learn more about the top online sportsbooks in Colorado, the available promotions, and insights into the local betting market.

 

Is Sports Betting Legal in Colorado? Yes, sports betting has been legal and live in Colorado since May 2020. Residents can use top sportsbook apps available in the market now.

Key Takeaways

Is online sports betting legal in CO?
  • Yes, as of May 2020.
What are the eligibility requirements for mobile betting?
  • To place a legal sports wager on your phone in Colorado, you must be 21+ years of age and within the state boundaries (verifiable by your mobile device’s geolocation tech or a downloadable desktop plugin).
What CO online sportsbooks are available?
What sports can you bet on in Colorado?
  • All major sports markets are available, with the only restriction being on betting college player props.

Who Can Bet on Sports in Colorado?

To place legal sports wagers in Colorado:
  • Must be at least 21 years old.
  • Must use a legalized and approved sportsbook while physically present in the state.
  • Must verify account details and accept the terms & conditions of the chosen legal sportsbook(s).

How to Start Betting in Colorado

  • Choose a Sportsbook: Colorado has several sportsbooks. Start with one like BetMGM or DraftKings.
  • Sign Up and Enter Promo Code: Follow the prompts to set up your account with BetMGM and use promo code WINDAILY.
  • Verify Your Location: If using a desktop, download location-tracking software. If using a phone, allow the app to track your location.
  • Place a Legal Bet in CO: Select the sport, click the line you want to bet, enter your bet amount, and submit.

Who Regulates Colorado Gambling?

The Colorado Division of Gaming oversees legal wagering in the state, including approved sports, tribal gaming, and fantasy sports apps.

Details of the CO Sports Betting Bill (HB 19-1327)

  • 10% tax rate on online and retail sports betting.
  • Up to 33 online sportsbooks permitted.
  • Each operator must partner with a pro sports team/venue or a casino.
  • Betting on all major sports markets allowed except for college player props.

Professional Team Licenses

Here are the current pro team sportsbook partnerships in Colorado:

  • Colorado Avalanche: Fanatics Sportsbook
  • Colorado Rockies: bet365
  • Colorado Rapids: Tipico Sportsbook
  • Denver Broncos: BetMGM, FanDuel, Betfred
  • Denver Nuggets: Fanatics Sportsbook

Permitted Betting Markets and Sports in Colorado

Bet Types:
  • Point Spreads
  • Moneylines
  • First Half & Second Half
  • Totals
  • Futures
  • Player Props
Sports Markets:
  • Football (NFL & CFL)
  • Basketball (NBA, WNBA, international leagues)
  • Baseball (MLB)
  • Hockey (NHL, international leagues)
  • Soccer (MLS, EPL, UEFA)
  • College Sports (NCAA football, basketball)
  • Golf (PGA, LPGA, European Tour)
  • Auto Racing (IndyCar, NASCAR, Formula One)
  • Additional markets like boxing, tennis, rugby, etc.
Restrictions:
  • Individual performance prop bets across all college sports are prohibited.

Alternatives to Online Sports Betting in Colorado

Retail Sports Betting:
  • Available at various venues, including Bonanza Casino, Isle Casino Hotel Black Hawk, and more.
Daily Fantasy Sports:
  • PrizePicks is available in Colorado. Sign up using promo code WINDAILY for a $100 INSTANT Deposit Match.
Horse Betting:
  • Legal and available through racebooks like AmWager, DRF Bets, FanDuel Racing, and TwinSpires.
Lottery:
  • Legal in Colorado, including Powerball and Mega Millions.

Colorado Sports Betting Background and Timeline

2019:
  • Colorado legalized sports betting with Proposition DD, coupling sports betting legalization with a 10% sports gambling tax to support the state’s water conservation initiatives.
2020:
  • Online sports betting officially launched in May 2020. BetMGM, FanDuel, DraftKings, and BetRivers were the first to operate.
Recent Updates:
  • Betr will be launching soon, and Fanatics Sportsbook replaced PointsBet in December 2023.

Colorado Sports Betting Tips

Sports Betting for Beginners:
  • New to sports betting in Colorado? Check out our sports betting tips for beginners to get started.
Sports Betting Glossary:
  • Sports betting has its own language and terminology. Familiarize yourself with terms like favorites, underdogs, spreads, money lines, over/unders, props, juice, and vig using our sports betting glossary.
Sports Betting Mistakes to Avoid:
  • Betting on your favorite teams like the Denver Broncos might seem like a no-brainer, but responsible betting is crucial. Here are some sports betting mistakes to avoid.

Colorado Teams to Bet On

Professional Teams:
  • Denver Broncos (NFL)
  • Denver Nuggets (NBA)
  • Colorado Rockies (MLB)
  • Colorado Avalanche (NHL)
  • Colorado Rapids (MLS)

Colorado Locations

State Farm Stadium:
  • The Arizona Cardinals have partnered with BetMGM, offering in-stadium betting options.
    • Website
    • 1 Cardinals Dr, Glendale, AZ 85305
    • (623) 433-7101
Footprint Center:
  • The Phoenix Suns have partnered with FanDuel, providing a luxury sportsbook experience.
    • Website
    • 201 E Jefferson St, Phoenix, AZ 85004
    • (602) 379-2000
Chase Field:
  • The Arizona Diamondbacks and Caesars Sportsbook offer betting options adjacent to Chase Field.
    • Website
    • 401 E Jefferson St, Phoenix, AZ 85004
    • (602) 514-8400

Conclusion

Colorado sports betting offers numerous options for bettors, from online sportsbooks to retail betting at professional sports venues and casinos. Use promo code WINDAILY for exclusive bonuses and promotions. Always bet responsibly and enjoy the variety of betting options available in the Centennial State.

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