Online Gambling CO – Complete Guide for Legal Apps and Sites in Colorado
Horse racing has been popular in Colorado since the 19th century, although there is only one racetrack left, Arapahoe Park in Aurora, that’s been open and operating for more than two decades. Up until 2020, this was the only sports betting that was allowed. However, in May 2020, the governor signed the necessary bill and online sports betting went live and Colorado finally joined the online gambling USA scene.
Aside from sports betting, Colorado online gambling fans can also enjoy fully legalized daily fantasy sports play and horse betting. At present, online lottery play, online casino games, and online poker rooms are not legal. If you want to know more about your Colorado online gambling options, this How To Bet guide is just what you need.
We’re going to look at the history of CO online gambling and examine in more detail its online sportsbooks. In addition, we’ll look at some of the ways you can benefit from the best betting offers, bonuses and promotions in the many online sportsbooks Colorado has to offer.
A series of events led to the legalization of Colorado online gambling. Casino gambling had been legal in the Centennial State for many years but it wasn’t until 2018 that sports betting looked like it was going to be a reality.
It was in 2018 that the Supreme Court made its historic ruling that allowed states to create their own sports gambling laws. One more obstacle was removed in the same year when state Attorney General Cynthia Coffman said that the state couple pass new sports gaming laws without having to change the constitution. This made it much easier for lawmakers and things got underway.
In early 2019, lawmakers passed proposition DD. in May, the governor signed it and in November voters approved it. On May 1, 2020, online sports betting went live in Colorado. Colorado House Majority Leader Alec Garnett placed the first ceremonial legal bet in the state. He bet $10 through the DraftKings mobile app on the Denver Broncos (+4000) to win the Super Bowl.
Colorado Online Gambling Revenue
Compared to many other states, Colorado doesn’t offer up the same breadth of stats, for example, it doesn’t divulge how each operator is performing. Nor do the state revenue reports denote what bets were placed online and which were placed at brick-and-mortar sportsbooks. Nonetheless, there are some pretty impressive numbers that they provide.
Colorado online sports betting has rocketed over the fall season thanks to an abundance of football and basketball activity. For the last four months of 2021, total sports betting handle was steady between $400 and $500 million. While it never topped the magical $500, the highest month of the year was in October with over $491.4 million wagers taken.
Complete List of Legal CO Online Gambling Sites and Apps
While Colorado punters don’t get to enjoy as many gambling opportunities as some other US states, there is a full selection of online sportsbooks to choose from.
Legal Online Casinos in Colorado
The Centennial State is home to a wide selection of land-based casinos, most of which are in Black Hawk or Cripple Creek.
Online casinos are prohibited in Colorado, however, residents and visitors who want to play casino games online can do so at sweepstakes casinos such as Luckyland Slots or Chumba Casino. A sweepstakes model is used and this allows them to offer their games. To win on these sites, it’s not necessary to purchase.
Legal Online Sportsbooks in Colorado
There are 33 retail casinos in the state that are eligible to apply for a sports betting license and so far, more than 20 have been granted. Colorado has the potential to become one of the most crowded online sports betting markets in the US. The table below gives the details of the sportsbooks that have officially launched online operations so far.
Poker fans can enjoy a game at one of four land-based poker rooms in Colorado Springs, Denver & Black Hawk, and Greater Colorado.
Online poker in Colorado is prohibited and there aren’t any legal options in the state, apart from sweepstakes sites such as Global Poker. It’s unlikely that this will change anytime soon as state legislators seem very hesitant to move online gaming expansions forward.
Which Operators are Best for Colorado Online Gambling
Now we can present the How To Bet selection of the best sports betting sites and apps. All of the mentioned Colorado online gambling operators were put through a series of tests and passed with flying colors.
The Best Colorado Online Sports Gambling Websites and Apps
Online sports gambling might be your only option in the gambling state, but it’s got a lot to offer. If you’d like to know more about the other CO sports betting operators, the How To Bet website has a vast selection of online reviews you can read.
Betfred Sportsbook CO
Betfred brings its experience to the table in the Centennial State. Its more than five decades of experience means this sportsbook has earned itself a high level of expertise and trust. For Colorado sports bettors, the daily odds boosts and parlay insurance make it a great option.
DraftKings Sportsbook CO has a user-friendly app and desktop interface that brings to you a steady stream of great promos, odds boost, opportunities to earn free bets and more. DraftKings is a brand that sets itself apart through live betting.
With Caesars you can expect an outstanding user experience. Daily promotions, plenty of opportunities for free bets, player-friendly odds and an expansive list of constant odds boosts should mean it becomes a part of your regular scroll routine.
BetMGM launched in May 2020, the first day operators in Colorado could legally accept sports wagers. It offers one of the best all-round sports betting experiences. It calls itself the “King of Sportsbooks” and lives up to its name. It’s a solid sportsbook with everything you could possibly want including lots of markets, adequate odds, straightforward promotions, live betting, and strong daily “Lion’s boosts.”
The BetRivers Sportsbook CO offers solid promotions, an attractive interface, good selection of bets and boosts, and a 1x playthrough for bonus money, which is a huge perk.
Throughout the year, you’ll have plenty of options to consider when it comes to sports betting. Some of the biggest drivers include:
NFL
NBA
MLB
NHL
NCAAB
NCAAF
Your betting options don’t begin and end with the major tema-based sports. You can explore a number of other markets including golf, darts, NASCAR, international sports, Aussie Rules Football, and much more.
Payouts and Odds at Online Gambling CO Sites and Apps
If you’re not sure which of your online gambling CO options are best for you, payouts and odds provide an objective outlook on the matter.
Average payouts for sports will fluctuate, so keep in mind that they change regularly. Sportsbooks use profit margins to determine the operator’s advantage.
In the table below, there are some examples of the most interesting markets you can bet on, as well as their average rates in Colorado.
Sport
Payout
Soccer
90.53% – 93.65%
Basketball
92.01% – 93.55%
Cricket
93.34% – 94.15%
MMA
95.47% – 95.76%
Table Tennis
89.70% – 91.66%
Tennis
91.70% – 93.32%
Online Gambling in Colorado in Comparison With Other States
In Colorado, you can enjoy most forms of gambling at physical locations, but for now, only sports betting, horse racing, and Daily Fantasy sports betting are legal. It has this in common with a number of other states, however, New Jersey and Michigan also allow online casino gambling and online poker rooms.
Benefits of Legal CO Online Gambling over In-Person Gambling
While your online gambling CO options aren’t as wide as a few other states, its sports betting market does have many benefits which can’t be denied.
Let’s compare the two options further in this table:
Online gambling CO
Land-based gambling CO
Access to multiple operators
Unique atmosphere
Ease of use
Excellent customer service
Exciting welcome offers
Live interaction
Doesn’t require a physical presence
You can enter various events
Mobile device access is possible
Exciting VIP perks and entertainment
How to Pick the Best Online Gambling CO Site or App
How To Bet takes the time to examine the selection of Colorado sportsbooks on your behalf and only recommend the best operators to that you can enjoy an outstanding online gambling CO experience, whatever your game of choice. We base our selections on the following:
Security: Your security is a priority so we make sure our recommended sites and apps have strong security measures in place. There are some things you can do as well to further protect yourself, such as making sure your password is not generic, and being careful that the internet connection you use is not public. In addition, look for the small padlock at the top left of the browser.
Bonus offers: We like to see sites that offer a number of bonus and promo options.
Multiple game options: A broad range of gaming options makes a massive difference to your gaming experience.
Software: Great software is vital if you’re going to have a good time. All of the best online gambling CO sites and apps should have the best software.
Payment options: Operators should provide a range of secure choices for both deposits and withdrawals.
Licensing and regulation: We only ever recommend online gambling CO apps and sites that are licensed and regulated by a respected and trustworthy regulator.
How to Start Your Colorado Online Gambling Journey
If you’re a newbie to the online gambling CO scene, there are a few steps you need to take, regardless of whether you’re going to be playing online casino games, poker online, or placing sports bets online. It’s a very simple process, but it’s crucial you make the right choices every step of the way.
Select a gambling product: Choose whether you want to play Fantasy Sports or sports betting..
Ensure the platform is secure: Check that your chosen online gambling CO site is safe, secure, and licensed by the Colorado Gaming Control Commission.
Create an account: Create a Colorado online gambling account by completing the operator's registration process.
Check for welcome bonuses: Check if the Colorado online gambling operator offers a welcome bonus to its new players and use it to your advantage.
Choose a payment method: Make a deposit using one of the operator’s safe and convenient payment methods.
Follow these five steps correctly and you’ll save yourself a lot of hassle.
Benefit from Free Bets, Promos, and Bonus Codes in Colorado
Each one of our How To Bet recommended online gambling CO sites offers an exciting free bet, promo, or bonus code that is sure to motivate you to sign up and gamble some more. You can regularly check our Free CO Bets and Promo Codes page for constant updates of bonuses and promotions from online sportsbooks in the Centennial State.
Of course, it’s important that you make yourself aware of the specific terms and conditions attached to each offer and bonus code so that you avoid any misunderstanding and unnecessary financial loss. The most important factors to consider include wagering requirements, expiry periods, and game contributions.
Responsible Online Gambling in Colorado
Colorado is host to a thriving casino industry, a lottery, daily fantasy sports contests, horse race betting and now sportsbooks. For the majority to be able to enjoy these forms of gambling, there must be protection for problem gamblers.
If someone has issues controlling their gambling behavior they are able to self-exclude from all Colorado casinos, which involves a system overseen by the Colorado Department of Gaming. Online sportsbooks offer a selection of tools ranging from the ability to set limits on wagers and deposits to permanent self-exclusion. In addition, Problem Gambling Colorado provides a 24-hour confidential helpline for residents.
Online Gambling CO FAQ
Can you gamble online in CO?
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Yes, you can and you don’t have to be a CO resident either.
Is online gambling legal in Colorado?
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Yes, it most certainly is and has been since 2020. However, CO sportsbooks are your only option.
Do I need to be in Colorado to open a gambling account?
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No, you don’t and you can log in outside of CO borders. However, you must be physically located inside of New Jersey state lines to place bets.
Is it safe to play at CO gambling sites?
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How To Bet only features online gambling CO sites and apps that are licensed by the Colorado Gambling Control Commission.
Who is allowed to play for real money on CO online gambling sites?
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Only those 18+ years of age who are physically inside the borders of Colorado may gamble for real money at CO online gambling sites. You do not need to be a resident to play and can do so even if you are just visiting. To ensure players are inside the state, operators use geolocation software to verify a players location.
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