Colorado Online Sports Betting Guide 2020

Sports betting was legalized in Colorado in May 2020. The Centennial State became the 19th state in the US to regulate sports betting on mobile and via online sites.

Colorado Online Betting in Brief:

Sports betting legal (Y/N): Y
Number of licensed sportsbooks: 17
Legal age of gambling: 21
State Tax: 10%

Legalized gambling on sports in Colorado launched slowly, with just a few mobile and online sites available. But with over a third of US states now passing sports gambling legislation, the time is right for Colorado to regulate and legalize.

Colorado Sports Betting Sites

5 Best Colorado sports betting sites

BETMGM
Betrivers
Pointsbet
bet365 (soon)
FOXBet

Betrivers Colorado

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Colorado Sports Betting Laws in 2020

Since the US Supreme Court overturned PASPA in 2018, many states have been trying to kickstart some kind of regulated sports betting industry.

A legislative bill – Proposition DD – was passed in May 2019. It gave powers to the Colorado Division of Gaming and the Colorado Limited Gaming Control Commission to oversee the regulation of sports betting in the state.

Colorado sportsbooks went live on May 1 with four online sites. There are over a dozen other operators waiting to launch their own sports betting apps. To place bets, Coloradans can either visit licensed sportsbooks in Central City, Cripple Creek, or Blackhawk, or gamble on mobile phones or online. Check our betting guide for Denver, CO.

Legal Online Sportsbooks in Colorado

BETMGM (code AMERICANGAMBLER)
Fanduel
Draftkings
Betrivers
FOXBet
Bet365 Colorado (coming soon)
Pointsbet Colorado (site/app is live soon)
Caesars Sports (live soon)

In May 2020, there are five online sports betting sites in operation in Colorado. Each has its own land-based “master” casino partner. Sportsbook operators also offer legal mobile betting apps to players aged 21 or over.

FanDuel Colorado Online Sportsbook

Master: Golden Gates CasinoLeading DFS (Daily Fantasy Sports) provider FanDuel launched its mobile sportsbook app in May 2020. Colorado is the fifth US state where FanDuel’s mobile and online sports betting platform is available.

FanDuel customers will have access to betting markets on sports like NFL, NBA, and MLB. They can also test their sports knowledge in the daily ANYTHINGBOOK quiz to win a cash prize. And like other FanDuel sites in the US, customers will be able to build parlays for the same game.

DraftKings Colorado Online Sportsbook

Master: Golden Mardi Gras

DraftKings sportsbook launched in Colorado in May 2020 under license from Twin River Worldwide Holdings. It became the sixth DraftKings site after similar apps opened in Indiana, Iowa, New Hampshire, New Jersey, Pennsylvania, and West Virginia.

As well as an online sportsbook, DraftKings will shortly be opening a retail sports betting lounge at Mardi Gras Casino Black Hawk.

New signups can earn a welcome deposit bonus up to $500 plus a risk-free bet to the same amount.

BetRivers Colorado Online Sportsbook

Master: J.P. McGill’s Hotel and Casino

BetRivers already operates online sportsbooks in Pennsylvania and Indiana. The new Colorado betting site closely follows the same platform, provided by Rush Street Interactive.

BetRivers players can place bets on sports like soccer, golf and football, and a free Android mobile app is also available. In-play betting, daily promotions, and live sports streaming add to the experience. 

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— BetRivers (@BetRivers) May 1, 2020

BetMGM Colorado Betting Site

Master: Midnight Rose Hotel and Casino

BetMGM launched in Colorado in May 2020 to add to its online sportsbooks in Indiana, Nevada, New Jersey and West Virginia.

Like its sister sites, BetRivers’ Colorado sportsbook is powered by GVC. You can place bets online or through a dedicated mobile app.

BetMGM Colorado Bonus Code

Monarch Black Hawk Sportsbook

Master: Monarch Casino Black Hawk

Monarch Casino will launch its retail sportsbook and mobile app simultaneously in 2020. Minimum stakes are set at $1 for mobile wagers, and $5 for retail bets. You can also earn comp points at the Monarch Casino when you place wagers anywhere in the state.

Colorado Online Sportsbook Bonuses & Promotions

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Website
Bonus
Rating
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1

BetMGM CO

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0.0 rating
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Betrivers CO

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0.0 rating
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3

0.0 rating
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4

FOX Bet Colorado

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4.5 rating
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Colorado online sportsbooks are offering a range of standard bonuses and promotions to players.

Risk-Free Bets: Some Colorado betting sites, such as BETMGM Sports, are offering risk-free bets to new signups. Make a first bet, and if it loses you will receive a full refund as a free bet.

Deposit Match: Make your first deposit and get it matched 100% by the sportsbook. You will receive matched funds in the form of bonus money. Meet the wagering requirements to release your winnings.

Odds Boost: The best online sports bettingg sites in Colorado offer enhanced odds on daily moneylines and parlays. Try Pointsbet CO app new oddsboost feature. Odds boosts are offered on a range of sports like football and baseball.

Denver Sports Betting Options

As we stated above, laws for sports betting in Denver are hoping for a welcomed change, and it is likely that sports betting will be legalized soon as a bill has been introduced. Until then, however, the only options for making sports bets in the entire state of Colorado are with offshore websites. With that being said, some possible locations for sportsbooks in Colorado once the law has been passed are the casinos that make up the city. In the section below, we will go over some of the best locations to play casino games when you are visiting Denver!

Physical Casino & Sports Betting Locations in Colorado

The Lodge Casino
Monarch Casino Black Hawk
Saratoga Casino Black Hawk
Isle Casino Hotel Black Hawk
Betrivers. Sportsbook at J.P. McGill’s Casino
BetMGM. Sportsbook at Midnight Rose Casino
FanDuel. Sportsbook at Golden Gates Casino
DraftKings. Sportsbook at Golden Mardi Gras
Century Casinos (bet365)

Monarch Casino Black Hawk

The Monarch Casino located in Black Hawk, Colorado, one of the best options for casino gaming available to Denver residents. The casino features plenty of table games that include active card, craps, blackjack, and roulette. Plenty of slots options are available as well as the Monarchs exclusive premier slots that are great for people who like to play big and win big. Poker is not an issue for Monarch casino, and if you don’t like live poker then enjoy one of the video poker machines this casino has available.

Saratoga Casino Black Hawk

The Saratoga Casino located in Black Hawk, Colorado is another great option for casino gaming close to the city of Denver. The Saratoga Casino has many games to choose from including some of the hottest slot machines, video poker machines, and progressives in Colorado. There are many table games available such as blackjack, roulette, buffalo blackjack, craps, and three-card poker, including a six-card bonus. If you get hungry, the Saratoga Casino has some great dining options, and the bar is always stocked full of drinks.

Isle Casino Hotel Black Hawk

The Isle Casino and Hotel is located in Black Hawk, Colorado and yet another excellent option for your favorite casino games that are in close range to Denver residents. At the Isle Casino and Hotel, finding best slots or video poker machines is a breeze with over 1,000 machines to choose from with a wide range of denominations. The choice of tables games is great, with over 28 tables running daily on the casino floor. If poker is your game, then stop into the poker room in the Isle Casino and Hotel with over ten tables you can sit in on with a variety of different games.

The Lodge Casino

The Lodge Casino is the final location we will look at and, like the others, is located in Black Hawk, Colorado. The Lodge Casino holds over 975 slot machines to pick from and also includes 17 different table games. Bet limits can range up to 100 dollars for those looking to play high-stakes games, and the casino has some of the newest and most exciting slot machines in Black Hawk. The Lodge Casino is also open 24 hours a day and seven days a week making it a great option for Denver residents to get in their bets and play their favorite games whenever they are in the mood!

Unfortunately, if you are a resident of the great city of Denver, sports betting at any physical location is illegal and not available anywhere in Colorado. 

Colorado Professional Sports Teams to Bet On

Denver, Colorado, has had great success with its sports teams throughout the history of their franchises. The city has seen legends like John Elway win Super Bowl championships and the Colorado Avalanche bring home Stanley Cup trophies. When a city has four different teams to root for, it definitely nurtures a sports culture that allows the fans to embrace the squads they can watch live and in person.

In the section of our Colorado online sports betting guide below, we will be looking at each of these franchises and all of the accomplishments they have been able to achieve since they were formed. Let’s take a look at the following teams you can place bets on with legal online sportsbooks in Colorado. Check odds and lines, bonuses and more above.

Denver Broncos

The Denver Broncos are a professional football team in the National Football League (NFL) that compete in the AFC West Division of the league. The franchise was founded in 1959 and played their first season the next year in 1960. The Broncos are headquartered out of Dove Valley, Colorado and play all of their home games in Broncos Stadium at Mile High stadium.

The team got off to a rocky start and did not field a competitive team for the first part of the franchise’s history. They suffered many losing seasons before finally turning it around in 1973 and recording their first winning season. Since then, the Broncos have become one of the most successful teams in the history of the NFL. They currently hold eight AFC Championships and have won the Super Bowl a total of three times. Two of those with the quarterback legend John Elway and the third with another quarterback legend in Peyton Manning.

Denver Nuggets

The Denver Nuggets are a professional basketball team in the National Basketball Association (NBA) that compete in the Western Conference Northwest Division of the league. The franchise was founded in 1967 and played their first season that same year. The Nuggets are headquartered out of Denver, Colorado and play all of their home games in the Pepsi Center.

The franchise typically puts out a competitive team year after year and have won a total of 11 division titles. However, despite all of their success and the constant attempts at breaking through the conference and competing for a title, the Nuggets have yet to make it to an NBA title series. The Nuggets will continue on with their quest for an NBA Championship, and the city of Denver will be as loyal as they have been over the years in their journey. 

Colorado Rockies

The Colorado Rockies are a professional baseball team in Major League Baseball (MLB) that compete in the National League West Division of the league. The franchise was founded very recently in 1991 and played their first season that same season. The Rockies are headquartered out of Denver, Colorado and play all of their home games in Coors Field after moving there from Mile High Stadium in 1995.

In the short history of the franchise, the Rockies have threatened at World Series championships and made it to the big series in 2007. The team won 14 of their last 15 games just to squeak into a wild card slot and ground their way through the playoffs. Unfortunately, the team was unsuccessful and dropped the series to the Boston Red Sox. While the team has never won a division title, they have been able to secure five trips to the playoffs through wild card berths. The Rockies won the NL Pennant just one time and as we mentioned above, lost in their lone World Series appearance.

Colorado Avalanche

The Colorado Avalanche are a professional hockey team in the Nation Hockey League (NHL) that compete in the Western Conference Central Division of the league. The franchise was founded in 1972 and played their first season that same season. The Avalanche are headquartered out of Denver, Colorado and play all of their home games in the Pepsi Center. The team was originally based out of Quebec and known as the Quebec Nordiques before moving to Colorado in 1995 as the Colorado Avalanche.

The Avalanche are an extremely successful squad and have proven their excellence throughout the years. Since 1995, the Avalanche have been able to secure 9 division championships, and two of them led to conference championships. In both of those seasons, 1995-1996 and 2000-2001, the Avalanche were able to bring a Stanley Cup trophy home to the city of Colorado. This was their very first season in Colorado, and they were able to sweep the Florida Panthers with a quick and flawless victory.

Is online sports betting legal in Colorado?

Yes, Colorado licensed 17 online betting operators. You can place bets online at BETMGM sportsbook. Use code AMERICANGAMBLER.

What is the legal gambling age in Colorado?

21

Colorado state tax on sports betting operators?

10%

The post Colorado Online Sports Betting Guide 2020 appeared first on American Gambler.

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