Colorado Online Sports Betting

Colorado sports betting is here!

Online sportsbooks are live and loud in the Centennial State now. The first Colorado online sportsbooks began opening their doors in May 2020, and more are joining the party all the time.

In fact, the final tally of sportsbooks coming to Colorado is likely to be quite high. All 33 of Colorado’s casino properties are able to apply for licenses, and most of them have already secured their authorization to launch both retail and online sports betting.

This page should serve as your first option for information about all things relevant to Colorado sports betting. We have the latest news and information about which sportsbooks have launched, which sportsbooks will launch soon, and what you can bet.

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Live online sportsbooks in Colorado

Here are all the sportsbook apps in Colorado that are open and accepting wagers. Each one has different features, bonuses, and other reasons that you should check them out.

• DraftKings – DraftKings is already a fixture in Colorado because of its daily fantasy sports contests. Now, it has partnered with Twin River to open both retail and online sportsbooks at the Mardi Gras Casino in Black Hawk.
• FanDuel – Another giant of DFS contests, FanDuel already has a large player base in the Centennial State. The company has aligned with Twin River as an online sportsbook provider for the Golden Gates Casino in Black Hawk.
• BetRivers – BetRivers is the online arm of the Rivers casino brand, which operates primarily in the American Northeast. Parent company Rush Street Interactive has joined withP. McGills Hotel & Casino in Cripple Creek to launch in Colorado.
• BetMGM – BetMGM is owned and operated by ROAR Digital, a joint venture between MGM Resorts International and GVC Holdings. BetMGM is partnered with the Midnight Rose Casino in Cripple Creek.
• SportsBetting.com – SportsBetting.com launched in Colorado in September of 2020 with apps for both Android and iOS. They are owned by the Carousel Group and have partnered with Johnny Nolons Casino in Cripple Creek.

Which Colorado Teams Can I Bet On?

You can bet on any team you like at the new Colorado sportsbooks. Naturally the local teams will be popular. Here are the biggest pro league teams in Colorado:

• Denver Broncos: As a member of the NFL AFC West Division, the Broncos have represented Colorado at the highest level in Football since the AFL merger in 1970. This team is based at the Empower Field at Mile High.
• Colorado Avalanche: This ice hockey team are members of the Western Conference of the NHL. This team won the Stanley Cup finals in 1996. They are based at the Pepsi Center, Denver.
• Colorado Rockies: This team joined the MLB (National League, West Division) as an expansion team in 1993. They have since qualified for the post season 5 times. The Rockies are based at the Coors Field, Denver.
• Denver Nuggets: Colorado are also represented in the NBA. The Nuggets have been through 2 name changes (from the Larks to the Rockets before settling on the Nuggets). They qualified for the play-offs in 19 separate occasions and play at the Pepsi Center.

Colorado are well represented in other sports and in minor leagues. You can bet on the Colorado Rapids MLS team, the Eagles (hockey), Buffaloes (basketball), the Air Force Falcons (baseball) and many more.

Range of Betting Markets at Colorado Sportsbooks

Colorado based teams are the tip of the iceberg when it comes to betting opportunities at the new sportsbooks. You’ll be able to bet on matches covering the major / pro leagues, minor leagues and colligate action in all the popular sports.

You’ll find the depth of coverage for individual sports and international events impressive. All the sportsbooks cover US leagues in depth. You’ll find variations when it comes to the breadth of coverage for international games.

Here are some of the key sports you can bet on at both online and retail sportsbooks in Colorado:

• Football: This is the biggest betting market of them all. NFL games are where the action is, though only a part of the overall coverage. College football, minor league, the play-offs and Super Bowl all have multiple bets (including props) on offer.
• Basketball: You can enjoy a bet on the Nuggets or any other NBA team. Lines are given for minor leagues, college games and the international (EuroLeague) matches. When March Madness comes around, college basketball adds many more basketball betting opportunities.
• Baseball: It is the large number of matches which makes Baseball a popular sport for betting on. You can back the Rockies, or any MLB / minor league team. Betting on baseball reaches its peak when the World Series comes around.
• Hockey: You can back NHL teams including the Avalanche, and minor league teams from both coasts at online sportsbooks. Play-offs and Stanley Cup betting is also available – as are international competitions including the World Championship.
• Soccer: While you can bet on MLB and minor league domestic matches, a lot of the interest from sports bettors is on international leagues. You can bet on the English Premiership, Champions League, Spanish La Liga and World Cup / European Championship events at Colorado sportsbooks.
• Golf: Big competitions including the Masters, Ryder Cup and Open are always popular for betting fans. There are tournaments around the world taking place most weeks. The main tours include the PGA and European Tour.
• Tennis: This is another sport which has multiple tournaments occurring around the world through much of the year. The big events like the US Open and Wimbledon are popular – though only the tip of the iceberg when it comes to opportunities to bet.
• Fighting Sports: Boxing and MMA (especially high-profile UFC matches) are both big betting markets. The biggest bouts are showcases which attract millions of viewers these days, though smaller bouts are taking place every week.
• Auto Racing: You’ll be able to bet on NASCAR, Indy Car and Formula 1 at most Colorado sportsbooks. Other racing sports (for example Moto GP and rallying) may be available via some brands.
• Niche / International Sports: There are many more sports, both domestic and international, that you can place bets on. These include Rugby, Cricket, Aussie Rules Football, Cycling, Snooker and Athletics.

What Types of Bets are Available at Colo Sportsbooks?

The move to Colorado online sports betting allows for types of bets which would not be possible in a retail sportsbook environment. These include in-play betting, which allows you to place bets on matches which are already underway – and cash out (also called early-redemption) betting.

These new bet types are in addition to the many ways you can wager on single matches or combine matches into multiples bets. Note that PointsBet add one more way to wager. This is ‘pointsbetting’, a new way of betting on the spread which gives you the chance to win many times your stake.

Odds are expressed in terms of a $100 bet. Keep in mind that this is for clarity only – you can wager any amount you like. If you see a positive number (for example, +350) this is the amount won per $100 staked. Negative numbers are common. This is the amount you’d need to bet to win $100. For example, a -200 line means you need to bet $200 to win an additional $100.

Single Match Bets:

• Moneyline: Colorado sportsbooks will offer you odds on each team to win and you simply back one or the other.
• Totals: Here you bet on whether the combined score of both teams will be under or over a specified total. Books balance things so that both the under and over have -110 lines.
• Spread: Sportsbooks add set (fractional) points to the underdog, levelling the chances of the teams. If you back the favorite, they need to win by more than the spread.

Multiple Match Bets:

• Parlay: This is the easiest way to back multiple matches in the same bet. What you win from match A will be staked on match B and so on. All matches need to win for you to bet paid.
• Teasers: You might see this bet called an ‘Alternative Spread’. It works like a parlay, only with wide point spreads. Teasers are easier to win than straight parlays, though the pay outs will be smaller.
• Round Robins: This bet involves multiple combinations of multi-team wagers. For example, you might bet on 5x 5 of a kind and 5×4 of a kind bets for 5 teams.

Props, Futures and Period Bets

• Proposition Bets: Any bet on something other than the outcome of the match is a prop bet. This can be player performance (most points), first team to score, time of first goal and many other things which are sport specific.
• Period Betting: Many of the single match bets can also be made for specific periods. For example, you can get on the totals for the 2^nd
• Futures Betting: You can bet on season long or other longer-term events. Examples include backing a team to make the play-offs, or which player will win the player of the year.

Downloading a Colorado Sports Betting App

There are two ways to access online sports betting in Colo. From your desktop, the web-browser versions of the sites make the best of your larger screen. If you are using an iPhone or Android smartphone, then you’ll need to download one of the Colorado sports betting apps.

The first step for downloading sports betting apps is to visit the website of the book. This will detect what type of device you are using – and prompt you to download the correct app.

It only takes a couple of minutes to install an app. Note that Android users will need to download directly from the sports betting brands. Google won’t allow any US betting apps in their ‘Play’ store. Apple users will not have this issue.

Once your app is installed, you’ll be prompted to create an account. While the details of the process and order of the steps is slightly different from book to book – the overall information needed is the same each time. This will include the following:

• A username / screen name
• Name
• Address
• Date of Birth
• E-Mail Address
• Last 4 Digits of your SSN

Backup documentation is not required for Id as a default, though could be needed if your account is flagged for a security check.

Quick Guide: Using Sports Betting Apps / Websites

Each sportsbook website and app will have unique design elements. What you’ll find is that the processes of finding your match, listing the odds for each type of bet and placing your wagers are almost identical. Icons, how the different leagues are listed, and the terms used will be different for each app.

You’ll go through the following 3 areas of a site each time you place a bet:

• List of Sports: The popular leagues at the top, with an A-Z or listing underneath. This can be a text list or displayed as ball icons. Many books display the ‘in-play’ (live) betting options at the top of this list.
• List of Matches and Odds: Once you choose a sport, the display shows the popular or next fixtures. Navigate with filters for different leagues / divisions or scroll down until you find your game. Odds for each match are displayed here, with the full list of bets for each match on a separate screen.
• Bet Slip: You can select as many matches and bets as you wish. Clicking them will add them to your bet slip. To place a bet, you need to visit this slip. You can now join bets into multiples, remove them or add the amount to bet before committing to your wager.

Other important areas of the sports betting apps and websites include the cashier, account pages (which show any bonuses and your progress towards clearing them) and the latest bonuses and promotions. Apps also include FAQ / Customer Service sections and a responsible gambling section which includes tools to limit and manage your betting account.

Is Sports Betting Legal in Colorado

Yes. Sports betting was illegal at the federal level for nearly two decades because of the Professional and Amateur Sports Protection Act, which was commonly called PASPA. However, in 2018, the state of New Jersey successfully challenged the constitutionality of the law in the US Supreme Court. As a result, the Court overturned PASPA and returned jurisdiction over sports betting (and other forms of gambling) to individual states.

Since then, many states, including New Jersey, Pennsylvania, Michigan and Iowa, have already introduced both retail and online sports betting.. Others have passed legislation.

Colorado’s journey to live and online sports betting began when Bill HB 1327 was signed into law by Governor Jared Polis in May 2019. The law includes tax changes, which, due to Colorado’s Taxpayer Bill of Rights (TABOR), necessitated a state-wide referendum to become law. The referendum, Proposition DD, narrowly passed during Colorado’s elections in 2019.

Unusually, Bill 1327 included a start date. Sports betting went live in Colorado on the 1^st of May 2020. Sports betting brands have partnered with the brick and mortar casinos in the state to set up online betting apps and branded retail sportsbooks.

Details of Bill 1327: What Colorado Sports Betting Looks Like

There are few exclusions or rules in this bill which could adversely affect sports betting in Colorado. This bill does not include provisions for online casinos or poker rooms. DFS contests and pari-mutuel betting are already legal.

Highlights from Bill 1327:

• Minimum age for sports betting is 21
• Brick and mortar casinos can apply for a ‘Master License’. This allows for a retail sportsbook and an online one. Partnerships with 3^rd party operators are allowed.
• Bets on high school sports and prop bets on college games are excluded. eSports bets are allowed, as long as the event is sanctioned by a recognized governing body.
• Licenses will not cost more than $125,000 with a 10% tax rate on gross revenues for the sportsbook operators.

Which Colorado Casinos Have Sportsbooks

Colorado is home to 33 casinos, and all of them have the ability to apply for a sports betting master license. A master license grants the opportunity to offer both online sports betting and retail sports betting.

However, due to some companies owning multiple casinos and the threat of market saturation, it is unlikely that Colorado will be home to 33 distinct online and retail sportsbooks. In addition, since operating a sportsbook requires skilled and experienced workers, most of the local casinos in Colorado are partnering with national sportsbook operators both to brand and to power their sportsbooks.

Here is the full list of casinos in Colorado and their progress towards sports betting:

The Colorado sports betting law puts the Colorado Limited Gaming Control Commission in charge of issuing sports betting licenses to eligible applicants.

The state’s 33 land-based casinos can apply for master licenses, which are a prerequisite for any sort of sports betting. Each master licensee can then go it alone, or work with partners for retail sports betting and online and mobile sports betting operations. Any partners must also apply for either an operator or internet operator license.

The application process started in February 2020 and all but five of the 33 eligible Colorado casinos have applied for master licenses. The Commission issued the first seven CO sports betting master licenses early in 2020.

Bronco Billy’s Casino and Hotel (Cripple Creek)

In September 2019, horse racing and casino giant Churchill Downs signed a deal with Full House Resorts to offer retail and online sports wagering under its BetAmerica brand and Full House Resorts’ license for Bronco Billy’s Casino and Hotel in Cripple Creek.

Churchill Downs is headquartered in Louisville, Kentucky where it runs its flagship horse racing event – The Kentucky Derby. It also owns and operates the largest online horse racing wagering platform in the US, TwinSpires.com, brick-and-mortar casinos in eight states, and online sports betting and online gambling operations under its BetAmerica platform in multiple states.

Saratoga Casino (Black Hawk)

In January 2020, UK based bookmaker Betfred Group and its subsidiary Betfred USA Sports signed a deal with Saratoga Casino Black Hawk to offer Sports Wagering throughout Colorado.

Betfred and Saratoga Casino plan to open a full retail sportsbook at the casino and offer mobile and internet betting for customers inside the state.

Betfred has been around since 1967 and is one of the biggest sports betting brands in the UK with over 1,500 retail outlets and an online platform.

Las Vegas based Betfred USA Sports launched in 2019 targeting the expanding US sports betting market. It has since launched a retail sportsbook in Iowa and is preparing to go live with retail and online sports betting in Pennsylvania, Iowa, and Colorado in 2020.

Century Casino & Hotels (Cripple Creek and Central City)

Circa | Sports is Derek and Greg Stevens’ newest sports betting brand. The Stevens brothers own and operate a Circa | Sports retail sportsbook location inside their Golden Gate Hotel & Casino, and a satellite sportsbook at their D Las Vegas Casino Hotel, both in downtown Las Vegas. Plus, a Circa | Sports Nevada mobile sports betting app.

Circa Resort & Casino is the brothers’ newest hotel and casino project currently under construction in downtown Las Vegas, Nevada. It should be ready to open by December 2020 with a three-story, stadium-style centerpiece sportsbook that will be the largest in Las Vegas.

In February 2020, Circa | Sports signed on to become Century Casinos Colorado Internet sports betting operator.

Century Casinos owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado.

Twin River Casino Holdings (Black Hawk)

In January 2020, DraftKings announced a new market access partnership with Twin River Casino Holdings that will see DraftKings to offer retail and online and mobile sports betting in Colorado. The DraftKings Sportsbook mobile app is currently available in Indiana, New Jersey, New Hampshire, Pennsylvania, and West Virginia.

The Colorado partnership will see DraftKings Sportsbook launch online in Colorado and at a new retail sportsbook operation inside the Mardi Gras Casino in Black Hawk. DraftKings also operates retail sportsbooks in Iowa, Mississippi, New Jersey, and New York.

Twin River also inked a deal with DraftKings rival FanDuel Sportsbook to launch online and mobile sportsbook operations in Colorado.

Twin River Casino Holdings (Black Hawk)

In January 2020, FanDuel and Twin River Casino Holdings agreed to a market access partnership that will see the FanDuel Sportsbook app launch in Colorado. FanDuel Sportsbooks already operates online in four states across the country.

Twin River owns and operates three casinos in Colorado, including:

• Golden Gates Casino — Black Hawk, Colorado
• Golden Gulch Casino — Black Hawk, Colorado
• Mardi Gras Casino — Black Hawk, Colorado

Twin River also inked a deal with FanDuel rival DraftKings Sportsbook to launch both retail and online and mobile sportsbook operations at the Twin River Mardi Gras Casino in Black Hawk.

Double Eagle Hotel & Casino (Cripple Creek)

On July 30, 2019, Global sportsbook operator PointsBet announced it had entered a multi-year partnership with Double Eagle Hotel & Casino in Cripple Creek. The partnership includes the launch of both retail and mobile sportsbook operations in Colorado, pending regulatory approval.

PointsBet is a US online sportsbook originally founded in Australia. It first came to the US in New Jersey. It is now in Indiana and seeking regulatory approval to launch in several other states as well.

Bronco Billy’s Casino and Hotel (Cripple Creek)

SBK is a UK-based betting exchange Smarkets’ new mobile sports betting app. In October 2019 Smarkets signed a deal with Full House Resorts to come on as one of the Colorado casino owner’s Internet sports betting operators.

Full House Resorts is the owner and operator of Bronco Billy’s Casino and Hotel in Cripple Creek, Colorado. It has also inked Colorado sports betting deals with casino operator Wynn Resorts and horse racing and casino giant Churchill Downs and its emerging online gaming brand BetAmerica.

Wynn Resorts Sportsbook Colorado

Luxury casino brand Wynn Resorts signed a deal with Full House Resorts in October 2019 to come on as one of the casino owner’s Internet sports betting operators in Colorado.

Full House Resorts owns and operates Bronco Billy’s Casino and Hotel in Cripple Creek, Colorado. It has also signed similar partnership agreements with UK betting exchange operator Smarkets and US horse racing and casino giant Churchill Downs.

In April 2019, Wynn Resorts also partnered with Scientific Games Corporation to launch new Wynn Resorts digital sports betting and iGaming applications in the US. Colorado may be the first state to see the launch of a Wynn Resorts-Scientific Games sports betting product.

It’s All Change for Colorado Sports Betting

As of May 2020, it is all go for sports betting in Colorado. Retail sportsbooks will open in the casinos in Central City, Cripple Creek and Black Hawk. Mobile sports betting, via apps and websites, will become available to use from anywhere inside state lines. More meetings still need to occur, but you can follow Colo sports betting updates and learn more about the proposed changes.

With some big partnerships to be announced, many of the biggest and best-known names in sports betting are expected to become available. You’ll be able to take advantage of many competing bonuses and promotions. With a mix of bonus bets, no-lose first bets and odds boosts, your betting bankroll will have every chance to get off to the best possible start.