Online Betting in
Colorado

The centennial state has voted in favor of online sports betting.

Colorado seal

Colorado is expecting to take action soon when it comes to legalize Online Sports betting & Online Casino

Online Sports Betting in Colorado

Colorado looks set to legalize sports betting by May 2020. The state voted in favour of proposition DD which paves the way for legislators to pass a bill that would allow online sports betting.

The state has suggested that the 10% tax placed on sportsbook operators go towards a water plan, designed to clean the state's rivers.

It is a comparatively low tax rate compared to other states, so we expect that the sportsbooks will be lining up to get their Colorado license.

FanDuel were active in campaigning for a yes vote in the referendum, so we predict they will be one of the first sportsbooks in the state.

Frequently asked questions about online sports betting in Colorado

Colorado called a referendum on sports betting and the people have voted!

Will Colorado legalize sports gambling?

Yes, it will. The vote has now been cast, and as per the information provided in the referendum, sports betting will be legal as of May 2020

Can you bet on sports online in Colorado

Not at the moment. After May 2020 you will be legally allowed to bet online in the state of Colorado. However, sportsbooks will have to be up an running then for you to be able to place an online wager.

Is gambling legal in Colorado?

As it stands, you can bet any of Colorado's thirty-three casinos. After May 2020 you will be able to bet on sports. You are also allowed to bet 'socially' with friends.

How old do you need to be to gamble in Colorado?

You have to be 21 or over to play casino games or bet on horse racing. You must be 18 or over to bet on the lottery or play bingo. When sports betting is legalized in 2020 you will need to be 21 years old or over to place a bet.

Online Sports Betting in Colorado

Exciting times lie ahead for the residents of Colorado as the state looks set to open its doors to sportsbooks in 2020. It was a close one, with 51% of voters in a referendum backing a bill that would legalize online sports betting.

The bill would allow sportsbooks to obtain a license by partnering with any of the thirty-three casinos in the state.

We predict the following sportsbooks will be interested in setting up shop in the state:

FanDuel have already demonstrated their intention by funding the 'yes' campaign in the referendum. And where Fanduel goes, DraftKings is never far behind. The two sportsbooks that began as fantasy sports operators are following each other from state to state. Often competing as to who can launch first. In their latest rivalry for Indiana, a month head start has already handed DraftKings almost the whole market share in the state.

In January 2020, DraftKings announced that it will launch a retail and online sportsbook in partnership with Twin River Worldwide. The bricks and mortar sportsbook will be located at the River Mardi Gras Casino in Black Hawk, Colorado.

Pointsbet recently announced that they would be opening an office in Denver.

The Australian sportsbook announced this before the referendum, which suggests a slight over-confidence considering how close the vote turned out to be.

We also expect that a couple of established Coloradan casinos will launch their own online sportsbook. This has been a common occurrence, with casinos such as Sugarhouse and BetRivers launching their own sports betting products.

Mobile wagering in Colorado

The bill will mean that Coloradans will be able to wager via their smartphones. This is incredibly popular in the US.

Since sports betting was legalized in 2018, US bettors have chosen their mobiles over their desktops to place their bets.

There is a small chance that sports betting could be restricted to Black Hawk, Central City and Cripple Creek which would mean that you would need to be in these locations to bet online. However, we predict that this will not happen. It is only in a few casinos interest to restrict gambling in the state to these locations. Now, that they have voted to legalize it, we expect that the state will want to see a significant tax revenue from the sports betting industry.

Colorado Avalanche

Colorado Avalanche in action

Sports teams in Colorado

Well, where do we start? Why not with the fact that Denver is the smallest city in the US with 4 professional sports teams!

These teams are:

  • Denver Broncos (NFL)
  • Denver Nuggets (NBA)
  • Colorado Rockies (MLB)
  • Colorado Avalanche (MLS)
Colorado

Outside of Denver you also have the MLS team, the Colorado Rapids.

In terms of minor league baseball you also have:

  • Colorado Springs Sky Sox
  • Grand Junction Rockies

If this is not enough for you then the state also offers:

NASCAR races at the Colorado Springs Sky Sox

PGA tournaments at the Castle Pines Club

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