Other countries. Various forms of online gambling are legal and regulated in many countries, including some provinces in Canada, most members of the European Union and several nations in and around the Caribbean Sea. Online gambling industry statistics UK. In the UK, between 2009 and 2010, 4% of adults had bet online. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700. The Best Colorado Sports Betting Sites & Bonus Offers. Mexico's sports betting industry is widespread and popular. Mexican sports betting is legal, with a variety of licensed land-based sportsbooks in the country. Online gambling is a growing industry in the country, with the Interior Ministry licensing more international operators all the time.
International internet gambling law is a subject of immense complexity, because every nation has its own
take on the subject. Some parts of the world embrace online gambling while others do everything they
can to ban it entirely. On top of that, different jurisdictions within a single nation sometimes take radically
different approaches to internet gaming.
The United States is a great example of how complex gambling law can be within a single nation. Not only
are the federal laws poorly written and difficult to interpret, but individual states have their own laws as
well. In some states, online gambling is 100% legal and available to anyone inside state lines. In others, the
authorities are still trying to seize the assets of legitimate gambling sites.
Our goal with this part of our website is to take this massive subject and break it down for our readers.
We start this page by explaining some of the basics of online gambling legislation and regulation, which are useful to understand if you're interested in
betting or gaming online. There is then some information on the gambling laws in various regions around the world. We've also included links to additional
pages where you can learn more about the legal status of both offline and online gambling in specific countries.
This page is divided into the following sections, to make it easy to find the specific region you may be looking for.
South America
Africa
Online Gambling Legislation and Regulation: The Basics
The most important thing for you to understand about online gambling legislation and regulation is how it affects you. There are two key points to consider
in this respect.
- It is rare for it to be explicitly illegal to USE an online gambling site
- Licensed and regulated gambling sites are BY FAR the safest
The first point here is hopefully one that will put your mind at rest if you are worried about the legalities of gambling online, and the potential for
repercussions. The fact is that you are very unlikely to breaking the law simply by betting or gaming online. The vast majority of online gambling legislation
is target squarely at the companies that operate sites, and not the individuals who use them. Of course, laws do vary from one region to the next as we've
explained. It's important to know your local laws do prohibit you from gambling online, which is precisely we've provided the relevant much information in
this section
In relation to the second point, most sites are licensed and regulated in at least one jurisdiction. To obtain the necessary license, they will have to meet
specific criteria as laid out by the licensing authority within the relevant jurisdiction. Operators will generally advertise details of their licensing, as it helps
to reassure potential customers that are legal and regulated. It basically lends some legitimacy to their operations. That's what you'll often see something
like the following on gambling websites.
You should know, however, that the actual legitimacy of licensing authorities varies quite significantly. The simple fact of the matter is some agencies are
much more stringent than others. For example, the state of Nevada puts any potential online poker site through the wringer before it issues a license to
operate. So a Nevada license has genuine sign validity. Other gambling authorities basically sell licenses to anyone with enough money, so these don't
really mean much at all.
With that in mind, we decided to put together a comprehensive guide to licensing authorities around the world. We want you to know what it really means
when a site says it has a license to do business. You can use this information to assist in the search for a safe gambling site.
Antigua & Barbuda – Antigua Directorate of Offshore Ga
Curacao – Curacao e-Gaming Licesing Aut
Isle of Man – Gambling Supervision Comm
Malta – Lotteries & Gaming Authority
Panama – Panama Gaming Control Board
Costa Rica
Kahnawake – Kahnawake Gaming Commission
You should also understand why online gambling regulation is so important. Its primary purpose is to protect YOU, the consumers. You should be able to
gamble online with the confidence that you will be treated fairly not be exposed to dishonest or crooked practices. Thankfully, the established and
reputable licensing authorities ensure that you can do exactly that. They impose a strict code of conduct on the licensees, who have to adhere to the
necessary regulations if they are to maintain their licenses. That's why properly licensed and regulated sites are the safest options.
For a more in-depth explanation of this subject, please see our page on how online gambling is regulated
Gambling Laws in North America
There are several countries in North America that have wildly different laws relating to gambling.
The United States is obviously the biggest country in this region, and as we've already mentioned
the laws here are very confusing. This is partly down to the fact that there are so many states,
each with their own attitude to gambling, but there is more to it than that. There is just a distinct
lack of clarity in so much of the relevant legislation. There is also much debate about whether
US laws actually apply to gambling sites that operate outside the region.
Things are not much better in Canada either. There is legislation in place that has been passed by
central government, but each individual province has the authority to regulate gambling in their
own regions. As with the US, the use of overseas sites is very much a grey area.
We've provided additional pages that explain the relevant legal situations in these two countries in much
more detail, and we've also covered some other countries in North America too.
Gambling Laws in Europe and the UK
Europe also has many countries with different approaches to the legality of online gambling.
Some countries outright ban it, while others have formally legalized it and put proper regulatory
frameworks in place. The United Kingdom is the best example of the latter. All forms of online
betting and gaming are completely legal, and very well regulated. Any site wishing to provide its
services to UK residents must meet requirements set out by the Gambling Commission. This
organization was established in 2005, replacing the existing Gaming Board.
There are other European countries with similar setups to the UK too. France, for example, has a
strict licensing process, but does allow overseas companies to accept French customers if they
meet the necessary criteria. For some reason, though, all forms of casino games are currently
banned. They at least have clear laws though, whereas things are decidedly murky in other countries.
We've provide a detailed overview of European gambling laws, and also information on the laws in each of the following specific countries.
Germany
France
Russia
Poland
Finland
Ukraine
Norway
Sweden
Gambling Laws in Australia/Oceania
The laws for Australian gambling companies are very strict. They're allowed to offer some gambling
services to Australian residents, but currently only traditional sports betting and lottery-style
games are permitted. Live sports betting is not allowed, and nor are casino games. There are no
laws that prevent Australians from using overseas sites though, as these fall outside the jurisdiction
of Australia's government.
In New Zealand, unlike so many other regions, there is clear and precise legislation relating to
online gambling. The country passed a new act in 2003 to make sure that their laws were explicit and
easy to understand. Unusually, the act very plainly stated that the use of overseas sites is entirely
legal. Such sites are, however, banned from advertising in New Zealand.
You can read more about the country specific laws in this part of the world on the following pages.
Gambling Laws in Asia
There is very little consistency in the gambling laws throughout Asia. This is perhaps
not surprising, given the size of the continent and the number of different countries
it's home to. Compiling an overview of Asian gambling laws would be a futile
exercise, but we have provided pages covering each of the following countries
separately.
Gambling Laws in South America
The general approach to gambling throughout South America is reasonably liberal.
There are restrictions on certain types of betting and gaming in some countries in the
region though. For example, casino games are prohibited in Brazil. Our guide to the
gambling laws in South America explains about these restrictions in more detail, and
also covers any relevant online gambling legislation.
Gambling Laws in Africa
Few countries in Africa have passed any kind of legislation relating on online gambling,
although South Africa is one notable exception. Land based gambling is another
matter though, with various forms fully legalized throughout the region. There are
casino venues, for example, in several countries. We've provided details on the various
gambling laws throughout Africa on the following page.
We recommend that you have at least passing familiarity with the legal climate with regards to gambling in
your location. A working knowledge of the law in your area may help to keep you safe from any legal trouble,
and will make it easier for you to find the sites that cater for customers in your part of the world.
Please be aware, though, that nothing contained in this part of GamblingSites.org should be considered as
actual legal advice. We've carried out extensive research and consulted experts when compiling all of
this information, but we are not qualified to provide legal advice. If you have any concerns about the
legalities of gambling online where you live, it would be best to speak to a licensed lawyer.
Colorado sports betting is a thriving ecosystem with new entrants emerging all the time. There are 16 live online sportsbooks in Colorado at the time of this writing, and over a dozen more sportsbook licenses up for grabs. The Colorado Limited Gaming Commission still has plenty of room to grow Colorado's sportsbook industry, which got an impressive start out of the gate in its first months in business.
Most of Colorado's sportsbooks are either standalone companies or the result of casino partnerships. DraftKings, FanDuel, and William Hill are companies whose core businesses are sportsbooks. However, Colorado's homegrown casinos want in on the red-hot sports betting industry, too. Many have either partnered with sportsbook companies or developed their own. BetMonarch is one such sportsbook app that's wholly owned and developed by Monarch Casino. Another is Sky Ute SportsBook, the first tribal-run sportsbook to launch in the state.
Online sports betting has taken off like a rocket in Colorado. That may be because it's the safest betting option in the social distancing age. However, Colorado's online sportsbooks are competitive choices for bettors' funds. Here's everything bettors need to know about them.
**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.
The Best Colorado Sports Betting Sites & Bonus Offers
- William Hill >> Claim $500 Free Bet With $250 Deposit
- BetRivers >> Claim 100% Deposit Match Bonus Up To $250
- FanDuel Sportsbook >> Claim A $1000 Risk-Free Bet
- PointsBet >> Claim $2000 In Two Risk-Free Bets With Bonus Code BIGBONUS
- DraftKings Sportsbook >> Claim 20% Deposit Match Bonus Up To $1000
Colorado Online Sports Betting Sites For February 2021
Pro sports got off to a late start this year due to the pandemic, and Colorado has mostly reopened since the March stay-at-home orders were rescinded. But even the lack of professional sports and the pandemic couldn't deter Colorado from opening its first legal sportsbooks on May 1, or the bettors from flocking the newly launched sites and apps.
The launch of online sports betting in Colorado took some navigating, as officials grappled with the fallout from coronavirus. At the time of launch, there were few sports to bet on, but the market has done very well in the first months, even with bettors at first confined to wagering mostly on golf or table tennis. Here are the online sportsbooks who've secured partnerships in Colorado so far.
In addition to our top recommendations above, these are all of the sports betting apps in Colorado that are licensed, regulated in Colorado, and available for download:
The Best Colorado Online Sportsbooks (Ranked By Our Editors)
Best For New Bettors
$500 Free On $250 Deposit
Available On: Web, iOS, Android
Best For New Bettors
William Hill Colorado
4.7
An international sports betting brand, William Hill is taking its top-notch reputation to the US sports betting industry. Currently available in almost a dozen states, they offer all domestic and international sports odds. William Hill offers a $500 free bet to new bettors who deposit $250 or more.
William Hill Colorado
Bonus: 100% up to $500 on deposit
Retail Partner: Eldorado Resorts (Caesars Entertainment)
UK-headquartered William Hill is one of the biggest and most widely available sportsbooks in the US. Partnered locally with Eldorado Resorts (now Caesars Entertainment), William Hill kiosks have been available in Black Hawk since July, but the app didn't launch until Sept. 8. New sign-ups can get up to a $500 risk-free bet with our exclusive link.
Best Mobile App
20% Deposit Bonus Up To $1000
Available On: Web, iOS, Android
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DraftKings Colorado
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4.9
DraftKings is one of the top US sports betting brands after making its name in the Daily Fantasy Sports industry. They offer one of the best mobile apps, with a easy-to-use interface. The interface makes it easy for new bettors to find sports, odds, and to place a bet. They offer a deposit bonus up to $1,000.
DraftKings Sportsbook Colorado
Bonus: 20% up to $1000 on deposit
Retail Partner: Mardi Gras Casino
DraftKings Sportsbook is one of the top US brands in sports betting, and it's open for business for sports bettors in Colorado. Its variety of sports and lines are almost unmatched, and it offers some unique betting opportunities like teasers and parlays. It also has frequent bonuses and promotions.
Best Deposit Bonus
100% Deposit Bonus Up To $250
Available On: Web, iOS, Android
Best Deposit Bonus
BetRivers Colorado
4.7
BetRivers makes it easy to start betting in Colorado. New bettors can claim a 100% deposit match bonus up to $250 with only a 1x playthrough. This makes BetRivers Colorado the perfect choice for more casual bettors. For more experienced bettors, check out the BetRivers jackpot parlay bet.
BetRivers Colorado
Bonus: 100% up to $250 on deposit
Retail Partner: J.P. McGills
BetRivers is owned by Rush Street Interactive, which makes iGaming platforms in addition to its sportsbook offering. One of BetRivers' differentiators is its extensive rewards system, which start at the basic level but top off at the 'luxury' rewards for higher-tier wagers.
Best Betting Experience
Easy way to win lottery. $1000 Risk Free Bet Offer
Available On: Web, iOS, Android
Best Betting Experience
FanDuel Colorado
4.9
Much like DraftKings, FanDue Sportsbook made its name on Daily Fantasy Sports but now offers online sports betting across the US. The FanDuel Colorado app is one of the strongest in the state, with all major sports and some minor events as well. The interface is easy to understand the sportsbooks offers competitive odds.
FanDuel Sportsbook Colorado
Bonus: $1000 Risk-Free Bet
Retail Partner: Golden Gates Casino
Once known only for fantasy sports, FanDuel Sportsbook is all grown up, serving CO sports bettors 24 hours a day. FanDuel Sportsbooks has lines on MLB, NFL, NHL, and NBA, along with all kinds of other sports and events, both niche and mainstream. It has bets on the spread, the moneyline, halves and quarters of select games, and the over/under, and offers highly competitive odds in the CO sports betting landscape.
Best For Experienced Bettors
$2,000 In Two Risk Free Bets
Available On: Web, iOS, Android
Best For Experienced Bettors
PointsBet Colorado
4.9
Australian sports betting brand, PointsBet, is one of the newest sportsbooks to launch in Colorado. Offering competitive lines on US and international sports, PointsBet offers a high-risk, high-reward options for experienced bettors in their PointsBetting system.
PointsBet Colorado
Retail Partner: Double Eagle Casino
Australian-owned PointsBet is a mobile gaming partner of Double Eagle Casino in Cripple Creek. PointsBet was one of the first sports wagering companies to announce its intentions to operate in Colorado and was awarded an online license on March 19. They finally launched their online sportsbook app in November 2020.
PointsBet offers a unique winnings boost if your team wins big, called PointsBetting, offering multipliers for winning wagers based on the number of points a team wins a game. PointsBet also has a partnership with Koenke Sports & Entertainment to be the exclusive gaming partner of the Avalanche, Nuggets, Colorado Mammoth, and the Pepsi Center itself.
All Colorado Sports Betting Sites
SportsBetting.com
Bonus: $150 deposit bonus
Retail Partner: Carousel Group (Johnny Nolon's, Cripple Creek)
SportsBetting.com gives new players up to $150 dollar deposit bonus. New users who deposit $10+ will get 100% bet credit up to $150 dollars using our exclusive link right here.
BetMGM
Bonus: $600 Risk Free Bet Bonus
Retail Partner: Midnight Rose
MGM is a premier name in gambling and entertainment, and its sports betting app BetMGM is available to CO sports bettors. BetMGM currently operates in almost a dozen countries including Colorado.
BetMonarch
Retail Partner: Monarch Casino
Monarch Casino in Black Hawk launched BetMonarch in May 2020, the first fully in-house sportsbook in the state developed by a casino. It offers the sports and leagues you'd expect lines on, but it also has an advantage many other sportsbooks don't: BetMonarch rewards points players accumulate through their play can earn free hotel stays, meals, and more.
FOX Bet
Retail Partner: Eldorado Resorts (Caesars Entertainment)
Fox Bet's local gaming partner is the Lady Luck Casino in Black Hawk, owned by Eldorado Resorts, which recently acquired gaming giant Caesars Entertainment, as well as the Isle Casino. Fox Bet has some solid bonus offers, including a $1,000 sign-up bonus ($500 risk-free bet + 100% match bonus of up to $500). In addition to the standard slate of sports to bet on, Fox Bet offers a wide range of betting boost, which are riskier, but could be lucrative wagers for lucky bettors.
SBK Sportsbook
Retail Partner: Christmas Casino*
SBK Sportsbook by Smarkets has a different approach to setting odds from most sportsbooks. Rather than making its money tilting the odds in its favor, SBK charges a 2% commission on bettors' net winnings. The odds are then created as a consensus is slowly reached among where bettors are putting their money. SBK is a bit light on welcome bonuses, but it does offer a refund of the first $20 in lost bets over multiple bets.
Sky Ute SportsBook
Retail Partner: Sky Ute Casino
The launch of Sky Ute SportsBook made a bit of history for Colorado sports betting as the first tribal-owned casino in the state to launch its own sportsbook. Being on tribal lands, Sky Ute isn't beholden to Colorado state laws governing odds, so they say their lines are some of the best in the state. Bettors can fund an account and start betting with just $25.
Circa Sports
Retail Partner: Century Casinos
Circa Sports, a Las Vegas-based sports wagering operator, was the first partnership agreement struck by Century Casinos, which operates two eponymous casinos in Colorado, one in Black Hawk, the other in Cripple Creek. Circa Sports is partnered with the Cripple Creek location, so that's where eventual Circa-branded kiosks and windows will most likely be located. Circa offers multiple deposit and withdraw options, and has some of the best odds on favorite to win bets of any CO sportsbook.
BetWildwood
Retail Partner: Wildwood Casino
Cripple Creek's first retail sportsbook, Woody's at Wildwood, was also the first self-launched app by a casino in Colorado's southern gambling resort town. BetWildwood offers sports bettors moneyline and spread bets on a variety of sports, and has live in-game betting for many. There are numerous deposit/withdrawal options, and it offers new members a $50 free bet.
ELITE Sportsbook
Retail Partner: Red Dolly Casino
ELITE Sportsbook was the 11th sportsbook to launch in Colorado. Bettors can start placing wagers on its website or through the app right now. ELITE Sportsbook offers bettors a variety of prop bets and parlays, and promotions will be available, including a sign-up bonus worth up to $1,000 in free bets. The company says it will be the only sportsbook in the state to offer a progressive parlay.
theScore Bet
Retail Partner: Jacobs Entertainment
theScore bet is a popular sports betting platform that launched in Colorado in September through its partnership with Jacobs Entertainment, which owns and operates the Lodge Casino and Gilpin Casino, both in Black Hawk. theScore debuted in New Jersey in 2019, the first ever sportsbook launched by a North American Media company, Score Media.
Betfred
Retail Partner: Saratoga Casino
Betfred, a major player in the United Kingdom sports betting market, expanded into the US in 2020, with the first Betfred USA sportsbook opening at Iowa's Grand Falls Casino. The brand's second US location is Colorado. Saratoga Casino has partnered with Betfred USA for its sports betting platform. Betfred operates more than 1,500 locations in the UK. Betfred's sportsbook was the very first retail window to open in Colorado, giving it a first-mover advantage.
Not-Yet-Launched Sportsbooks
Barstool Sports (Penn National Gaming)
Retail Partner: Ameristar Casino
Penn National, which operates the Ameristar Casino Black Hawk, has brought its Barstool Sports sportsbook brand to Colorado and soon will open branded retail sportsbook windows at Ameristar, the largest casino in the state. Ameristar soft-launched a self-branded sportsbook this summer, so bettors can place bets in person for now until the Barstool Sports app launches.
Twin River Worldwide Holdings
Two of the biggest names in mobile sports betting will come to Colorado via Twin River Worldwide Holdings, which has been awarded three master licenses from the CLGCC.
Twin River (operating as Premier Entertainment Black Hawk in Colorado), has announced partnerships with both FanDuel Sportsbook and DraftKings Sportsbook, the two companies leading the market so far in open mobile sports betting markets in the US.
Three Colorado land-based casinos (Golden Gates, Golden Gulch, and Mardi Gras) were purchased by Twin River in January, with the intent of using those properties in partnership with FanDuel and DraftKings to bring sports betting to Colorado.
Online Sports Betting Partnerships
Colorado Online Sportsbook | Deposit Bonus | Launch Date | Visit Site |
---|---|---|---|
William Hill | $500 Risk-Free Bet | September 8 | Visit WilliamHill.com |
DraftKings Sportsbook | 20% up to $1000 | May 1 | Visit Draftkings Sportsbook |
BetRivers | 100% up to $250 | May 1 | Visit BetRivers |
SportsBetting.com | $1,000 Risk-Free Week | September 13 | Visit SportsBetting.com |
FanDuel Sportsbook | $1,000 Risk-Free Bet | May 1 | Visit FanDuelSportsbook.com |
BetMGM | $600 Risk Free Bet | May 1 | Visit BetMGM Sportsbook |
PointsBet | 2 Risk-Free Bets; One $500 fixed-odds bet, One $1,500 risk-free bet for PointsBetting | November 18 | Visit PointsBet |
BetMonarch | - | May 9 | |
FoxBet | $500 Risk-Free Bet; $10 Bonus Bet for Broncos betting | May 19 | |
SBK Sportsbook | $20 Risk-Free Bet | June 4 | |
Sky Ute Sportsbook | - | June 9 | |
Circa Sports | - | July 1 | |
BetWildwood | - | July 10 | |
Elite Sportsbook | 50% up to $500, $500 Risk-Free Bet | August 14 | |
theScore Bet | $100 Free Bet, Up to $1k Cash Back bets in 60 days | September 2 | |
BetFred Sports | $500 Risk-Free Bet | September 8 |
Guide To Betting Online In Colorado
Although Colorado's sportsbooks are each uniquely branded, there are similarities between each sportsbook. Here are a few things bettors can expect no matter where they wager.
Common Sportsbook Bonuses
When bettors create sportsbook accounts, they're often offered welcome bonuses. These bonuses incentivize bettors to place wagers and continue placing bets long after the first one is settled. The most common bonuses in Colorado are deposit bonuses and risk-free bets.
Deposit bonuses usually require bettors to deposit funds into their accounts. (There are also deposit bonuses that award site credits upon signup, but they're usually tiny–less than $50.) Most deposit bonuses will match bettor deposits at a certain rate. For example, Fox Bet has a 50% deposit rate. That means for every $2 bettors deposit, Fox Bet will give a bettor $1 in site credits. That allows bettors to deposit at their own pace and place larger bets with less risk.
However, these deposit bonuses usually max out at $250 to $500. Sportsbooks can't award site credits indefinitely.
Many sportsbooks also offer risk-free bets. They're bets that get refunded if bettors lose a bet. FanDuel offers a risk-free bet of up to $500. If a bettor's first wager is $500 and it loses, then that bettor will get $500 back in site credits. However, the risk-free bet is only good for the first bet. So, a $50 that loses would only get $50 of site credits back. Risk-free bets are popular choices for sportsbooks to offer, but they don't allow bettors to wager at their own paces like deposit bonuses.
Colorado Teams That Can And Can't Be Bet On
There are many different sports to bet on, but Coloradans have their favorite teams. The Broncos will have lines available during the NFL season. They'll have moneylines and point spreads ripe for enthusiastic betting. There are plenty of prop bets and futures that'll be available on the Broncos, too.
A Colorado list of teams wouldn't be complete without the other three main sports, though. The Colorado Rockies, Colorado Avalanche, and the Denver Nuggets are huge draws for sports fans across the state. All of them are fair game for sports betting, too.
Is Sports Betting Legal Online
College teams are fair game for certain types of bets, too. The Colorado Buffaloes are one of Colorado's most popular teams, whether it's CU's football or basketball teams. Bettors will have the standard moneylines, spreads, and futures available as the professional teams offer.
However, Colorado sportsbooks won't offer prop bets on college games. Colorado's Division of Gaming prohibits prop bets on college games. It likely arises from a compromise with the NCAA, which is adamantly opposed to sports betting. Bettors shouldn't be surprised when they don't find sports betting on college teams.
What Is The Status Of Esports In Colorado?
Colorado not only allows esports betting. It also counts esports among its authorized sports catalog. The Division of Gaming's rules stipulate that the Division will regulate sports and bets. That way, no one can make up a sport or bet that cons bettors out of their money. Sports matches must have clear, consistent rules to ensure bettors can understand how their wager will play out throughout the game. Bets must have similarly clear rules. Otherwise, sports betting wouldn't be fair to bettors.
Sportsbooks Coming Soon To Colorado
Online Betting Legal Countries Today
There are two sportsbooks that are in other states but could come to Colorado next. The first one is Golden Nugget. It's available in New Jersey, but it doesn't have a partnership in Colorado yet. The second is Parx. It has an online casino and sportsbook in Pennsylvania, another prominent sports betting state.
However, the full list is anyone's guess. There will likely be more than two dozen online sportsbooks in Colorado by the time everyone arrives.
Legal Vs Illegal Sports Betting In Colorado
Sports betting used to be an illegal activity in all but four states. Sports bettors' only options were illegal sportsbooks and bookies. If there was a bookie or website that bettors created relationships with, it could be hard for some of them to leave. However, legal sports betting sites are superior to illegal sites.
Legal sportsbooks are required to have a cash reserve so it can pay their winning bets out. Think about what happens if an underdog with long odds comes through. A futures bet with +5,000 odds will drain a sportsbook's cash reserve quickly. Licensed sportsbooks have a formula set by the Colorado Division of Gaming to determine how much cash to have on hand.
In contrast, local bookies may not have that kind of cash on hand. They could be collecting bets informally at the bar with a makeshift business. In that case, there's nothing stopping them from pocketing bettor money. Even if they're reliable, they may get stretched too thin and be unable to pay out winnings. If that happens, bettors have no legal recourse because betting with a bookie is illegal in Colorado. They're stuck without their winnings.
The worst-case scenario is a bookie that works for a crime syndicate. Your bookie may be cool, but his employers may come after bettors who bet on credit and don't repay their debts. Bettors in good standing may also fund human and drug trafficking unknowingly. Licensed sportsbooks' transparency ensures bettors don't fall into these traps.
How Do I Know Online Sportsbooks Are Fair?
Online sportsbooks aren't all shady offshore websites. However, new bettors may struggle to tell the difference between the two. Here's how bettors can know they're betting at a legitimate company.
Who Regulates Legal Online Sportsbooks?
The Colorado Division of Gaming regulates all the sportsbooks in Colorado. It's a government agency that awards licenses, establishes rules, and enforces industry guidelines. The Division of Gaming also has resources for sports betting operators and customers alike, creating a transparent environment for all industry players.
Before sportsbooks are licensed, the Division of Gaming thoroughly examines each applicant. That includes financial statements, background checks, and a complete record of lawsuits the applicant was involved in. And if a sportsbook doesn't pay out winnings, the Division of Gaming is a bettor's next stop. It has processes in place to keep sports betting safe and fair across the board.
Why Should I Trust Online Sportsbooks?
Before they go live, online sportsbooks submit to a security audit. It ensures the sportsbook can protect sensitive bettor information. The sportsbook hires an independent auditor who submits her findings to the Division of Gaming. If the auditor finds areas of improvement, she'll list them in the report as well.
The Division won't award a license to a sportsbook that can't protect its bettors' information. Since bettors submit their banking information during registration, sportsbooks need top-notch security in place. Bettors can rest assured that by the time they place a wager, their sportsbook of choice is prepared to protect their data.
How Do I Get Paid If I Win?
Sportsbooks make transferring money in and out of the sportsbook account easy. They know no one wants to bet at a sportsbook that makes handling money a hassle. If bettors win, they'll have cash moved into their sportsbook account. From there, it's usually as easy as hitting ‘withdraw' and moving money to their bank or PayPal account. There are other options too, but no one's using 7-Eleven's cash withdrawal option during a pandemic.
In short, bettors can get paid from the app. They just have to win, which is win. Best of luck to all the aspiring bettors out there!
Bonus: 100% up to $500 on deposit
Retail Partner: Eldorado Resorts (Caesars Entertainment)
UK-headquartered William Hill is one of the biggest and most widely available sportsbooks in the US. Partnered locally with Eldorado Resorts (now Caesars Entertainment), William Hill kiosks have been available in Black Hawk since July, but the app didn't launch until Sept. 8. New sign-ups can get up to a $500 risk-free bet with our exclusive link.
Best Mobile App
20% Deposit Bonus Up To $1000
Available On: Web, iOS, Android
Best Mobile App
DraftKings Colorado
Different number strategies & combinations are shown here playing Superball Keno Video Gambling. The wins that are shown here do not represent the odds of. Apr 10, 2020 The Most Drawn Numbers in Keno These are the 5 hot numbers (often drawn): 23, 34, 72, 1 and 4. Most frequent state draws numbers to the numbers that have come out quite often in the last 50 draw are 3, 16, 44, 58 and 78. As much drawn numbers a gambler has his tickets, as much he will collect.
4.9
DraftKings is one of the top US sports betting brands after making its name in the Daily Fantasy Sports industry. They offer one of the best mobile apps, with a easy-to-use interface. The interface makes it easy for new bettors to find sports, odds, and to place a bet. They offer a deposit bonus up to $1,000.
DraftKings Sportsbook Colorado
Bonus: 20% up to $1000 on deposit
Retail Partner: Mardi Gras Casino
DraftKings Sportsbook is one of the top US brands in sports betting, and it's open for business for sports bettors in Colorado. Its variety of sports and lines are almost unmatched, and it offers some unique betting opportunities like teasers and parlays. It also has frequent bonuses and promotions.
Best Deposit Bonus
100% Deposit Bonus Up To $250
Available On: Web, iOS, Android
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BetRivers Colorado
4.7
BetRivers makes it easy to start betting in Colorado. New bettors can claim a 100% deposit match bonus up to $250 with only a 1x playthrough. This makes BetRivers Colorado the perfect choice for more casual bettors. For more experienced bettors, check out the BetRivers jackpot parlay bet.
BetRivers Colorado
Bonus: 100% up to $250 on deposit
Retail Partner: J.P. McGills
BetRivers is owned by Rush Street Interactive, which makes iGaming platforms in addition to its sportsbook offering. One of BetRivers' differentiators is its extensive rewards system, which start at the basic level but top off at the 'luxury' rewards for higher-tier wagers.
Best Betting Experience
Easy way to win lottery. $1000 Risk Free Bet Offer
Available On: Web, iOS, Android
Best Betting Experience
FanDuel Colorado
4.9
Much like DraftKings, FanDue Sportsbook made its name on Daily Fantasy Sports but now offers online sports betting across the US. The FanDuel Colorado app is one of the strongest in the state, with all major sports and some minor events as well. The interface is easy to understand the sportsbooks offers competitive odds.
FanDuel Sportsbook Colorado
Bonus: $1000 Risk-Free Bet
Retail Partner: Golden Gates Casino
Once known only for fantasy sports, FanDuel Sportsbook is all grown up, serving CO sports bettors 24 hours a day. FanDuel Sportsbooks has lines on MLB, NFL, NHL, and NBA, along with all kinds of other sports and events, both niche and mainstream. It has bets on the spread, the moneyline, halves and quarters of select games, and the over/under, and offers highly competitive odds in the CO sports betting landscape.
Best For Experienced Bettors
$2,000 In Two Risk Free Bets
Available On: Web, iOS, Android
Best For Experienced Bettors
PointsBet Colorado
4.9
Australian sports betting brand, PointsBet, is one of the newest sportsbooks to launch in Colorado. Offering competitive lines on US and international sports, PointsBet offers a high-risk, high-reward options for experienced bettors in their PointsBetting system.
PointsBet Colorado
Retail Partner: Double Eagle Casino
Australian-owned PointsBet is a mobile gaming partner of Double Eagle Casino in Cripple Creek. PointsBet was one of the first sports wagering companies to announce its intentions to operate in Colorado and was awarded an online license on March 19. They finally launched their online sportsbook app in November 2020.
PointsBet offers a unique winnings boost if your team wins big, called PointsBetting, offering multipliers for winning wagers based on the number of points a team wins a game. PointsBet also has a partnership with Koenke Sports & Entertainment to be the exclusive gaming partner of the Avalanche, Nuggets, Colorado Mammoth, and the Pepsi Center itself.
All Colorado Sports Betting Sites
SportsBetting.com
Bonus: $150 deposit bonus
Retail Partner: Carousel Group (Johnny Nolon's, Cripple Creek)
SportsBetting.com gives new players up to $150 dollar deposit bonus. New users who deposit $10+ will get 100% bet credit up to $150 dollars using our exclusive link right here.
BetMGM
Bonus: $600 Risk Free Bet Bonus
Retail Partner: Midnight Rose
MGM is a premier name in gambling and entertainment, and its sports betting app BetMGM is available to CO sports bettors. BetMGM currently operates in almost a dozen countries including Colorado.
BetMonarch
Retail Partner: Monarch Casino
Monarch Casino in Black Hawk launched BetMonarch in May 2020, the first fully in-house sportsbook in the state developed by a casino. It offers the sports and leagues you'd expect lines on, but it also has an advantage many other sportsbooks don't: BetMonarch rewards points players accumulate through their play can earn free hotel stays, meals, and more.
FOX Bet
Retail Partner: Eldorado Resorts (Caesars Entertainment)
Fox Bet's local gaming partner is the Lady Luck Casino in Black Hawk, owned by Eldorado Resorts, which recently acquired gaming giant Caesars Entertainment, as well as the Isle Casino. Fox Bet has some solid bonus offers, including a $1,000 sign-up bonus ($500 risk-free bet + 100% match bonus of up to $500). In addition to the standard slate of sports to bet on, Fox Bet offers a wide range of betting boost, which are riskier, but could be lucrative wagers for lucky bettors.
SBK Sportsbook
Retail Partner: Christmas Casino*
SBK Sportsbook by Smarkets has a different approach to setting odds from most sportsbooks. Rather than making its money tilting the odds in its favor, SBK charges a 2% commission on bettors' net winnings. The odds are then created as a consensus is slowly reached among where bettors are putting their money. SBK is a bit light on welcome bonuses, but it does offer a refund of the first $20 in lost bets over multiple bets.
Sky Ute SportsBook
Retail Partner: Sky Ute Casino
The launch of Sky Ute SportsBook made a bit of history for Colorado sports betting as the first tribal-owned casino in the state to launch its own sportsbook. Being on tribal lands, Sky Ute isn't beholden to Colorado state laws governing odds, so they say their lines are some of the best in the state. Bettors can fund an account and start betting with just $25.
Circa Sports
Retail Partner: Century Casinos
Circa Sports, a Las Vegas-based sports wagering operator, was the first partnership agreement struck by Century Casinos, which operates two eponymous casinos in Colorado, one in Black Hawk, the other in Cripple Creek. Circa Sports is partnered with the Cripple Creek location, so that's where eventual Circa-branded kiosks and windows will most likely be located. Circa offers multiple deposit and withdraw options, and has some of the best odds on favorite to win bets of any CO sportsbook.
BetWildwood
Retail Partner: Wildwood Casino
Cripple Creek's first retail sportsbook, Woody's at Wildwood, was also the first self-launched app by a casino in Colorado's southern gambling resort town. BetWildwood offers sports bettors moneyline and spread bets on a variety of sports, and has live in-game betting for many. There are numerous deposit/withdrawal options, and it offers new members a $50 free bet.
ELITE Sportsbook
Retail Partner: Red Dolly Casino
ELITE Sportsbook was the 11th sportsbook to launch in Colorado. Bettors can start placing wagers on its website or through the app right now. ELITE Sportsbook offers bettors a variety of prop bets and parlays, and promotions will be available, including a sign-up bonus worth up to $1,000 in free bets. The company says it will be the only sportsbook in the state to offer a progressive parlay.
theScore Bet
Retail Partner: Jacobs Entertainment
theScore bet is a popular sports betting platform that launched in Colorado in September through its partnership with Jacobs Entertainment, which owns and operates the Lodge Casino and Gilpin Casino, both in Black Hawk. theScore debuted in New Jersey in 2019, the first ever sportsbook launched by a North American Media company, Score Media.
Betfred
Retail Partner: Saratoga Casino
Betfred, a major player in the United Kingdom sports betting market, expanded into the US in 2020, with the first Betfred USA sportsbook opening at Iowa's Grand Falls Casino. The brand's second US location is Colorado. Saratoga Casino has partnered with Betfred USA for its sports betting platform. Betfred operates more than 1,500 locations in the UK. Betfred's sportsbook was the very first retail window to open in Colorado, giving it a first-mover advantage.
Not-Yet-Launched Sportsbooks
Barstool Sports (Penn National Gaming)
Retail Partner: Ameristar Casino
Penn National, which operates the Ameristar Casino Black Hawk, has brought its Barstool Sports sportsbook brand to Colorado and soon will open branded retail sportsbook windows at Ameristar, the largest casino in the state. Ameristar soft-launched a self-branded sportsbook this summer, so bettors can place bets in person for now until the Barstool Sports app launches.
Twin River Worldwide Holdings
Two of the biggest names in mobile sports betting will come to Colorado via Twin River Worldwide Holdings, which has been awarded three master licenses from the CLGCC.
Twin River (operating as Premier Entertainment Black Hawk in Colorado), has announced partnerships with both FanDuel Sportsbook and DraftKings Sportsbook, the two companies leading the market so far in open mobile sports betting markets in the US.
Three Colorado land-based casinos (Golden Gates, Golden Gulch, and Mardi Gras) were purchased by Twin River in January, with the intent of using those properties in partnership with FanDuel and DraftKings to bring sports betting to Colorado.
Online Sports Betting Partnerships
Colorado Online Sportsbook | Deposit Bonus | Launch Date | Visit Site |
---|---|---|---|
William Hill | $500 Risk-Free Bet | September 8 | Visit WilliamHill.com |
DraftKings Sportsbook | 20% up to $1000 | May 1 | Visit Draftkings Sportsbook |
BetRivers | 100% up to $250 | May 1 | Visit BetRivers |
SportsBetting.com | $1,000 Risk-Free Week | September 13 | Visit SportsBetting.com |
FanDuel Sportsbook | $1,000 Risk-Free Bet | May 1 | Visit FanDuelSportsbook.com |
BetMGM | $600 Risk Free Bet | May 1 | Visit BetMGM Sportsbook |
PointsBet | 2 Risk-Free Bets; One $500 fixed-odds bet, One $1,500 risk-free bet for PointsBetting | November 18 | Visit PointsBet |
BetMonarch | - | May 9 | |
FoxBet | $500 Risk-Free Bet; $10 Bonus Bet for Broncos betting | May 19 | |
SBK Sportsbook | $20 Risk-Free Bet | June 4 | |
Sky Ute Sportsbook | - | June 9 | |
Circa Sports | - | July 1 | |
BetWildwood | - | July 10 | |
Elite Sportsbook | 50% up to $500, $500 Risk-Free Bet | August 14 | |
theScore Bet | $100 Free Bet, Up to $1k Cash Back bets in 60 days | September 2 | |
BetFred Sports | $500 Risk-Free Bet | September 8 |
Guide To Betting Online In Colorado
Although Colorado's sportsbooks are each uniquely branded, there are similarities between each sportsbook. Here are a few things bettors can expect no matter where they wager.
Common Sportsbook Bonuses
When bettors create sportsbook accounts, they're often offered welcome bonuses. These bonuses incentivize bettors to place wagers and continue placing bets long after the first one is settled. The most common bonuses in Colorado are deposit bonuses and risk-free bets.
Deposit bonuses usually require bettors to deposit funds into their accounts. (There are also deposit bonuses that award site credits upon signup, but they're usually tiny–less than $50.) Most deposit bonuses will match bettor deposits at a certain rate. For example, Fox Bet has a 50% deposit rate. That means for every $2 bettors deposit, Fox Bet will give a bettor $1 in site credits. That allows bettors to deposit at their own pace and place larger bets with less risk.
However, these deposit bonuses usually max out at $250 to $500. Sportsbooks can't award site credits indefinitely.
Many sportsbooks also offer risk-free bets. They're bets that get refunded if bettors lose a bet. FanDuel offers a risk-free bet of up to $500. If a bettor's first wager is $500 and it loses, then that bettor will get $500 back in site credits. However, the risk-free bet is only good for the first bet. So, a $50 that loses would only get $50 of site credits back. Risk-free bets are popular choices for sportsbooks to offer, but they don't allow bettors to wager at their own paces like deposit bonuses.
Colorado Teams That Can And Can't Be Bet On
There are many different sports to bet on, but Coloradans have their favorite teams. The Broncos will have lines available during the NFL season. They'll have moneylines and point spreads ripe for enthusiastic betting. There are plenty of prop bets and futures that'll be available on the Broncos, too.
A Colorado list of teams wouldn't be complete without the other three main sports, though. The Colorado Rockies, Colorado Avalanche, and the Denver Nuggets are huge draws for sports fans across the state. All of them are fair game for sports betting, too.
Is Sports Betting Legal Online
College teams are fair game for certain types of bets, too. The Colorado Buffaloes are one of Colorado's most popular teams, whether it's CU's football or basketball teams. Bettors will have the standard moneylines, spreads, and futures available as the professional teams offer.
However, Colorado sportsbooks won't offer prop bets on college games. Colorado's Division of Gaming prohibits prop bets on college games. It likely arises from a compromise with the NCAA, which is adamantly opposed to sports betting. Bettors shouldn't be surprised when they don't find sports betting on college teams.
What Is The Status Of Esports In Colorado?
Colorado not only allows esports betting. It also counts esports among its authorized sports catalog. The Division of Gaming's rules stipulate that the Division will regulate sports and bets. That way, no one can make up a sport or bet that cons bettors out of their money. Sports matches must have clear, consistent rules to ensure bettors can understand how their wager will play out throughout the game. Bets must have similarly clear rules. Otherwise, sports betting wouldn't be fair to bettors.
Sportsbooks Coming Soon To Colorado
Online Betting Legal Countries Today
There are two sportsbooks that are in other states but could come to Colorado next. The first one is Golden Nugget. It's available in New Jersey, but it doesn't have a partnership in Colorado yet. The second is Parx. It has an online casino and sportsbook in Pennsylvania, another prominent sports betting state.
However, the full list is anyone's guess. There will likely be more than two dozen online sportsbooks in Colorado by the time everyone arrives.
Legal Vs Illegal Sports Betting In Colorado
Sports betting used to be an illegal activity in all but four states. Sports bettors' only options were illegal sportsbooks and bookies. If there was a bookie or website that bettors created relationships with, it could be hard for some of them to leave. However, legal sports betting sites are superior to illegal sites.
Legal sportsbooks are required to have a cash reserve so it can pay their winning bets out. Think about what happens if an underdog with long odds comes through. A futures bet with +5,000 odds will drain a sportsbook's cash reserve quickly. Licensed sportsbooks have a formula set by the Colorado Division of Gaming to determine how much cash to have on hand.
In contrast, local bookies may not have that kind of cash on hand. They could be collecting bets informally at the bar with a makeshift business. In that case, there's nothing stopping them from pocketing bettor money. Even if they're reliable, they may get stretched too thin and be unable to pay out winnings. If that happens, bettors have no legal recourse because betting with a bookie is illegal in Colorado. They're stuck without their winnings.
The worst-case scenario is a bookie that works for a crime syndicate. Your bookie may be cool, but his employers may come after bettors who bet on credit and don't repay their debts. Bettors in good standing may also fund human and drug trafficking unknowingly. Licensed sportsbooks' transparency ensures bettors don't fall into these traps.
How Do I Know Online Sportsbooks Are Fair?
Online sportsbooks aren't all shady offshore websites. However, new bettors may struggle to tell the difference between the two. Here's how bettors can know they're betting at a legitimate company.
Who Regulates Legal Online Sportsbooks?
The Colorado Division of Gaming regulates all the sportsbooks in Colorado. It's a government agency that awards licenses, establishes rules, and enforces industry guidelines. The Division of Gaming also has resources for sports betting operators and customers alike, creating a transparent environment for all industry players.
Before sportsbooks are licensed, the Division of Gaming thoroughly examines each applicant. That includes financial statements, background checks, and a complete record of lawsuits the applicant was involved in. And if a sportsbook doesn't pay out winnings, the Division of Gaming is a bettor's next stop. It has processes in place to keep sports betting safe and fair across the board.
Why Should I Trust Online Sportsbooks?
Before they go live, online sportsbooks submit to a security audit. It ensures the sportsbook can protect sensitive bettor information. The sportsbook hires an independent auditor who submits her findings to the Division of Gaming. If the auditor finds areas of improvement, she'll list them in the report as well.
The Division won't award a license to a sportsbook that can't protect its bettors' information. Since bettors submit their banking information during registration, sportsbooks need top-notch security in place. Bettors can rest assured that by the time they place a wager, their sportsbook of choice is prepared to protect their data.
How Do I Get Paid If I Win?
Sportsbooks make transferring money in and out of the sportsbook account easy. They know no one wants to bet at a sportsbook that makes handling money a hassle. If bettors win, they'll have cash moved into their sportsbook account. From there, it's usually as easy as hitting ‘withdraw' and moving money to their bank or PayPal account. There are other options too, but no one's using 7-Eleven's cash withdrawal option during a pandemic.
In short, bettors can get paid from the app. They just have to win, which is win. Best of luck to all the aspiring bettors out there!
Online Sports Betting FAQs
Online sports betting is new to Colorado, so bettors may have a few clouds of doubt about the industry. Here are some common questions we can clear up at the end.
Yes, you can register online and start betting anywhere in Colorado. You only need to be physically within the Colorado border to place wagers.
Moneylines, spreads, prop bets, and futures are legal on professional teams. However, Colorado bettors cannot place prop bets on college games. All bets are prohibited on high school games. (No one seriously thought DraftKings would have lines on their daughter's softball game, did they?)
Yes. Because the Buffs are a PAC-12 team, college sports is a big draw in Colorado. And that's before factoring in all their popular opponents. Everything besides prop bets is fair game on college sports.
Mr cashman free online games. Yes. Several sportsbooks have esports sections in their apps. If the pandemic shuts down major sports again, bettors may end up relying on the esports section to get their betting fixes. Counter Strike, anyone?
10%. The taxes largely go to water conservation projects in Colorado. Since Colorado shares water with seven other states, it's a lot more than an environmentalist cause. It's a precious resource that's being funded by a portion of every bet.
Licensed Casinos and established sportsbook companies. Unless aspiring entrepreneurs have all the pieces of their business in place, they can't complete the license. It wouldn't be impossible for someone to start a sportsbook in Colorado. However, it would require a massive cash infusion upfront. The sports betting market is largely inaccessible to companies without a track record.
Yes. It was also one of the first sportsbooks to do so.