Colorado sports betting sites are growing at a fast rate now and there is already a great choice. You can register with any of these sites from anywhere in the country, you just have to be within the state boundaries when wagering.
Colorado sportsbooks are offering generous sign up bonuses for your business. Pick a deposit bonus from the list of Colorado sportsbook promotions here.
Sports wagering in Colorado began on 1st May 2020. Each of the 33 Colorado casinos can run one licensed online sports betting site, so current sports wagering regulations will max out Colorado legal sportsbooks at 33.
33 sports betting sites or apps for a population of under 6 million is plenty though.
Colorado became the 19th state to legalize sports betting following the November 2019 ballot and the 11th to allow online sports betting.
The state's casinos can now apply for licenses to offer in-person sports betting and launch legal online sports betting sites too.
Click on the sportsbook name to see the user reviews
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There may be some confusion as to how much you can bet on sports online in Colorado, thanks to the 2009 Limited-Gaming Act, when a maximum single bet size was adopted for casino games of $100.
This applies to casino games only and so far as it is understood there is no legal limit to the maximum a mount you can wager on a sporting event although expect the sportsbook to have some form of online limit without referral, especially if you are a consistent winner!
The state is benefitting now from taxes due on the sports betting profits of the online sportsbooks. He is a table where you can see how the vaue of wagering is increasing as new sportsbooks are launched and more bettors, switch to online sports betting in the state.
Source: Colorado Department of Revenue
With Online sports betting being launched in only May of 2020, it was quite incredible to see the total value of wagers placed by the end of the year top $1b, contributing over $3.5m in taxes
With just 17 of the potential 33 online sportsbooks up and running right now, subject to the growing handle in the state, we may see more new online sportsbooks in Colorado spring up
|New Sports Betting Sites in Colorado|
We are watching developments closely to see when each of these sites or apps will go live. The major sports betting players from other states are lining up deals with Colorado casinos to front their online offerings.
Most forms of sports betting are allowed in Colorado and the Colorado Gaming Control have issued a full list of events upon which licensed Colorado books can accept wagers on. The list is regularly being expanded and updated.
College sports are currently missing but there are plans to add these which will make the bets available via Colorado sports betting sites one of the most comprehensive from all states which have legalized online sports betting to date.
Sports is big in Colorado with the Colorado Rockies representing the state in MLB, Denver Nuggets in MBA, Denver Broncos in the NFL. The Colorado Rapids are in the MLS. Colorado Avalanche are in the NHL.
The popularity of betting on sports will change with the seasons, and as one sport comes to the end of a season, then another may top the list, but closing off December 2020 with both football and basketball in progress, the following number of wagers were bet on each.
Source: Colorado Department of Revenue
If you asked most people what the top sports for betting in Colorado were you might expect them to name Football and basketball betting. You might not expect Table Tennis to be in there!
What is interesting is the prominence of Table Tennis as a sport attracting wagers. The value is much higher than we might ordinarily expect. perhaps a hangver from when it was one of the limited options due to COVID, but it remains interesting that it is hanging onto a high percentage of betting turnover into the end of the year.
You will have to check with individual operators as to the bets they make available to you as a customer in COlorado, by the advice is that there should be no prop bets on collegiate events that are to sanctioned by the relevant sports league.
With NCAA Basketball competing with the NBA for betting turnover, you can be assured March Madness betting will be huge as an event in CO.
All online betting activity requires the user to be a minimum of 21 years of age. Expect some form of age and identity verification systems in place when opening a new online sportsbook account.
At the current time, new customers wishing to open and deposit to an online betting site in Colorado are not required to do so in person