Legal Colorado Sports Betting

There’s was always some confusion as to what constitutes legal Colorado sports betting, as the state’s gambling laws – though reasonably detailed and comprehensive – were not as specific as many observers would have liked them to be. But the lack of details is what allowed sports betting in Colorado to be active for so many years. The state is home to a bustling casino industry and has several noteworthy professional sports teams, so residents’ interest in legal sports betting has only grown over the years. That was a major factor in voters giving their approval of state-regulated sports betting in November 2019.

On this guide, we will tell you about what options bettors in Colorado have available to them. By reading this guide, you will be able to get a better understanding of legal Colorado sports betting and be able to make informed decisions about what you can or cannot do. This page will also inform you about what laws are in place and what laws were created that changed sports betting in Colorado. By the end of reading this page, bettors in Colorado can make an informed decision on how to bet and be aware of the laws surrounding legal sports betting in Colorado.

Is Land Based Sports Betting Legal In Colorado?

As for now, there are no land-based options for sports betting in Colorado. The soonest that land-based sports betting venues can open up is on May 1, 2020. These venues will be limited to the casinos of the state’s three major gambling towns. Those are Black Hawk, Cripple Creek, and Central City. Casino operators in those towns will have the ability to partner with whatever sports betting provider they’d like and begin to open sportsbooks then. Voters approved this measure on November 5, 2019. They also gave the green light to allow these casinos to run CO sports wagering apps with no need for in-person voter registration.

Is Online Sports Betting Legal In Colorado?

The short of it is simple – yes it is perfectly legal to make bets online in Colorado. Any laws in place in regards to online gambling are usually reserved for those who operate sportsbooks and not those making bets. It seems that the only real restriction is that if you are going to go online to gamble in Colorado, you have to be 21 instead of 18. If you just follow this one rule, you’re almost certainly going to be fine. And remember, all the best online sportsbooks are secure and discrete. You can even bet using Bitcoin and eliminate paper trails altogether if you are still concerned about any legal issues. State-regulated options are also expected to launch sometime by mid-2020.

Where To Bet On Sports In Colorado?

Although there are no sportsbooks open in Colorado right now, there are a number of casinos that will offer the activity soon. Usually, when a state legalizes and regulates sports betting, casinos are where sportsbooks end up opening and that is no different thanks to the new CO sports betting laws that voters approved. According to those laws, bookmakers can only appear in three gambling towns and those are as follows

Potential Cities With Colorado Sportsbooks

  • Cripple Creek
  • Central City
  • Black Hawk

Until these cities do open up sportsbooks, there are other states that locals in Colorado can go to make sports bets. Just south of Colorado is New Mexico and they have sportsbooks open and available for bettors to go to. A bit further away is Nevada which has always had sports betting in the state. Although staying home and going online to an offshore site is much easier, here are some cities locals in Colorado can go to if they want to make a trip.

Nearby Cities With Sportsbooks

  • Las Vegas, Nevada
  • Santa Ana Pueblo, New Mexico
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Colorado Sports Betting And Gambling Laws

Home to a large selection of both commercial and tribal casinos, Colorado has gambling options for almost everyone. That wasn’t always the case, as the Limited Gaming Act set restrictive ceilings on things like how much money gamblers could wager, what games they could and couldn’t play, and even how long casinos could stay open each day. Colorado voters had enough and approved Amendment 50, which added craps and roulette to the menu, upped the maximum poker, blackjack, and slots wagers to $100 (previously $5), and let the facilities operate 24 hours a day. Commercial Colorado casinos are only permitted in the towns of Black Hawk, Central City, and Cripple Creek.

The only thing you really can’t do in the state’s casinos yet is enjoy legal Colorado sports betting, but that will change in the future. CO HB19-1327 was passed through the state legislature in early 2019, and on November 5, 2019, Colorado voters gave their blessing. Casinos in those towns will be able to offer both land-based sportsbooks and statewide mobile sports wagering apps in CO. This will be a great addition to other gambling activities that Colorado allows such as pari-mutuel wagering and lottery games.

What Teams Can I Bet On?

Colorado has a number of professional sports teams you can bet on. The most popular team is the NFL’s Denver Broncos. On top of the Broncos, Denver has a large number of professional teams to call their own. The state even has a Major League Lacrosse team, although you’ll probably have a hard time finding any real sportsbook action on that. Bettors can usually rest assured that betting on a local team is a safe bet. But if you have doubts about the local teams in Colorado winning, you can bet on any team you want if you go to an online offshore sportsbook. There you are free to bet on whatever team you want across many different games.
 
Teams
Air Force Falcons (NCAA) Colorado Avalanche (NHL) Colorado Buffaloes (NCAA)
Colorado Mammoth (NLL) Colorado Rapids (MLS) Colorado Rockies (MLB)
Colorado State Rams (NCAA) Denver Nuggets (NBA) Denver Outlaws (MLL)
Denver Pioneers (NCAA) Northern Colorado Bears (NCAA)  

Horse Racing Betting In Colorado

The Colorado horse racing betting circuit has had a tumultuous history, with most of its courses going out of business over the last several decades. Indeed, only Arapahoe Park in Aurora is still in business. The track offers onsite and off-site pari-mutuel betting as well as nationwide simulcasts. Although this is true, going out to the horse track and waiting in line to place bets can be tedious. The easier and recommended way to place bets on the races is to go online and find a reliable racebook. At a site like 5Dimes, you can place all different kinds of bets on the races and watch the races from your own home instead of having to go out.

Daily Fantasy Sports In Colorado

Daily fantasy sports, or DFS, was legalized in Colorado when Governor John Hickenlooper signed CO HB1404 into law. Supported by popular DFS operators DraftKings and FanDuel, the legislation provides users with various consumer protections and data security measures, prohibits fantasy gaming on collegiate and amateur athletics, and enforces a minimum user age of 18. Fantasy sports in Colorado has been going strong ever since, and it shows no signs of slowing down. As one of the first states to officially adopt DFS laws, Colorado provides a strong model of success and is helping to pave the way for more states to legalize daily fantasy sports. Thanks to this effort, players can go to FanDuel and DraftKings and take part in a large number of online competitions across different sports, like basketball and golf. Fans can also take part in private matches and keep the competition between friends.

Legal Colorado Sports Betting FAQs

Can I Bet Real Money On Sports In Colorado?

Yes. While there’s a question about legal Colorado sports betting, there’s no question whatsoever that real money is the preferred transaction type. Most online sportsbooks will take Visa, Mastercard, personal check, and Bitcoin at the very least, so you have options on how to move your bets and earnings. Even though bettors shouldn’t have to be concerned about anything, Bitcoin is probably your safest choice for keeping your tracks tidy. Yes, Bitcoin does bring with it another layer of risk, as its value rises and falls pretty dramatically day-to-day and week-to-week. But if you win some of the stuff and it happens to go up in value, that’s like winning twice!

Is Online Sports Betting Safe In Colorado?

You can rest easy in knowing that online sports betting is perfectly safe in Colorado. Using websites such as 5Dimes, BetOnline, Bovada, and SportsBetting is your safest option for legal sports betting in Colorado. They are industry leaders in online sports betting and they have the security to make sure your data is absolutely safe. They have not had a single security breach to date, so you can place bets knowing someone is going to get access to your data.

Will Sports Betting In Colorado Ever Be Legal?

As a matter of fact, it is now! Colorado lawmakers were able to pass a sports betting bill in 2019, and even though they could’ve signed it into law right then, they chose to take the safe route an put it up to voters to decide. Even though it was a narrow margin, voters ultimately said yes to welcoming the industry into their borders.

Will I Get Arrested For Sports Betting In Colorado?

To put your worries to rest, no you will not get arrested for sports betting in Colorado. If you use the online offshore websites we often recommend, there are no laws being broken so there is almost no chance of you getting arrested.

What Is the Sports Betting Age In Colorado?

The legal age to bet on sports in Colorado is 21+. This falls directly in line with the legal betting age you have to be to enjoy any casino games in the states. Since it is the casinos that will offer the activity, it only makes sense for the age requirement to stay the same. If you plan on using an online offshore sportsbook and the age requirement is only 18+, we recommend you wait until you are 21 in order to avoid any trouble.

Are There Mobile Sports Betting Apps Available In Colorado?

There will be mobile sports betting apps available in Colorado in due time but they have not launched yet. The best option for mobile sports betting is using offshore online sportsbooks. BetOnline, SportsBetting, and other offshore websites all offer dedicated mobile sports betting apps. which are mobile versions of their main websites for on-the-go use. Just visit your favorite service on your smartphone or tablet browser, save the page to your home screen, and then treat it just like you would treat an app. It works!

Where Is The Best Place To Bet On Sports In Colorado?

Until sportsbooks begin to open in Black Hawk, Central City, or Cripple Creek, the best place to place bets on sports in Colorado is the internet. The internet provides you with sites like Bovada for all your sports betting needs. Offshore sites like Bovada often have promotions going on as well that provide you the best bang for your buck. These sites are industry leaders and are a reliable way to place sports bets, even in states that do have land-based sportsbooks opened.

Should I Use A Local Bookie In Colorado?

While Colorado law might be a bit muddy on Internet-based sports betting, it is absolutely clear when it comes to using an illicit sportsbook. If you go through an illegally-operating bookie, there’s a good chance that he or she will run into trouble with the law. As long as you use offshore online sportsbooks, you are not violating any laws.

Do Any Casinos In Colorado Have Sports Betting?

There is no legal sports betting available in Colorado at any commercial casino in the state just yet. So if you’re itching to put some money on local sports teams, you’ll have to get on the Internet and head over to one of the above online sportsbooks. Once you realize how easy it is, you’ll probably return regularly too. It will be months from now before in-state sportsbooks offer sports betting in Colorado, so it’s a good idea to find your favorite online bookmaker, set up an account, and study their layouts and systems. Chances are, you’ll be with them for a while.

Can I Bet On Sports With My Friends In Colorado?

Social gambling is defined in CRS § 18-10-101, and it is exempted from Colorado’s laws governing gambling. You are free to bet on sports with your friends in Colorado provided the situation meets two basic standards:

First, you must have a “bonafide social relationship” with all other bettors involved. That means that they actually have to be your friend(s) in some capacity outside of the gambling context. The second criterion is that nobody can be involved directly or indirectly in so-called “professional gambling,” which just means that nobody can act as the house and take a rake off the total wagers. If your group meets these qualifications, you are free to gamble on whatever games, teams, or players you wish.

When Will Sports Betting Become Legal In Colorado?

Sports betting has already become legal in Colorado. Lawmakers in the state have successfully passed CO HB 19-1372 which legalizes sports betting. Governor Jared Polis later signed the bill. A few months later Colorado voters gave their final say and approved the bill. It was by a thin margin but Colorado sports bettors stepped up to the plate when it mattered most.

How Many Sportsbooks Are In Colorado?

At the moment, there are no sportsbooks that are open in Colorado. That will certainly change in the future. According to the new CO sports betting laws, sportsbooks can open at any one of the 33 casinos in the state’s three traditional gambling towns. They will be able to begin opening in May of 2020 so be sure to come back and we’ll let you know which casinos will take advantage of this new freedom.