Colorado Online Sports Betting in 2021

Despite launching its first online sportsbooks during a pandemic, Colorado has quickly become one of the most prominent and most promising betting markets in the United States. In May 2020, the Centennial State joined 18 others when it officially opened its virtual doors to the world of sports betting.

Just over a year later, Colorado is now home to 22 online sportsbooks and 17 brick-and-mortar locations.

Bookmark this page to stay up to date with all the latest in Colorado sports betting.

Colorado, United States
Colorado Flag
Colorado, United States
Online betting in the Centennial State
Colorado Map
  • User Icon

    Population: 5.7 million

  • 21+ Icon

    Legal age for sports betting: 21

  • Dice Icon

    Online sports betting: Yes

  • Book Icon

    Retail sportsbooks: Yes

  • Percent Icon

    Sports betting revenue: $1.19 billion

Colorado Map

Is sports betting legal in Colorado?

Yes, sports betting is legal in Colorado. Proposition DD, the Legalize Sports Betting With Tax Revenue for Water Projects Measure, was approved in November 2019.

Who can bet on sports in Colorado?

Anyone 21-years of age and over and located in the state may place a sports bet in Colorado. Players can visit a physical sportsbook or use a computer or mobile device to wager online.

Here’s everything you need to know before placing your first sports bet in Colorado.

21plus Legal age

You must be at least 21 years old to place a legal sports bet in Colorado.

21plus Mobile betting

Colorado sports wagers can be placed with legal online sports betting websites or apps via a computer or mobile device. The Colorado Division of Gaming oversees all sports betting in the Centennial State.

21plus Remote registration

Remote registration allows both Colorado’s residents and visitors to sign up and start betting online without having to verify their identity at a retail sportsbook. This is of major significance in Colorado as players would otherwise be required to visit a licensed casino — none of which are located in the more populous areas of Colorado.

globe Within state borders

Online sportsbooks use geolocation technology to confirm the exact locations of their users. So as long as you can prove you’re in Colorado, you’ll be able to partake in all legal sports betting activity online.

bank Retail sportsbooks

There are currently 17 retail sportsbooks in Colorado, but any of the state’s 40 casinos can apply for a Master Sports Betting License. Brick-and-mortar sportsbooks in Black Hawk, Century City, and Cripple Creek comprise the available locations.

percent Taxable winnings

Colorado sports bet winnings are taxed at both the federal and state level. All gambling profits are subject to a state income tax of 4.63% in Colorado.

Best Colorado sports betting sites

Our unbiased sportsbook reviews cover all the pertinent information needed to ensure that you're wagering at safe and legitimate betting sites. In addition, our experts have identified several Colorado sports betting sites that offer the top features, bonuses, and the most comprehensive list of sports and bet types available to CO residents. 

BetRivers

The user-friendly BetRivers mobile app is available to download free on iOS and Android devices. It offers competitive bonuses which are less restrictive than others since they only carry a one-time rollover requirement.

theScore Bet

Buoyed a strong live betting section, the mobile-only theScore Bet app is compatible with iOS and Android devices. Its sleek and easy-to-navigate app houses both media and betting businesses under one roof. 

PointsBet

Among the highlights, the PointsBet sportsbook doesn’t have any playthrough requirements for free bets, making them much more profitable. The operator offers its players a unique form of betting, known as points betting, where users can take big risks for big payouts.

The pros and cons of Colorado sports betting

Fully remote registration is a massive win for Colorado sports bettors. With nearly all of the state’s casinos situated in three sparsely populated rural areas, accessibility could have been a significant hurdle otherwise.

There’s not much to gripe about when comparing Colorado’s sports betting laws to those of other states. The absence of college prop bets is the only real significant betting opportunity omitted from Colorado law.

Colorado sports betting
Pros
  • Low barrier to entry translates to more sportsbooks in market
  • Fully online registrations and deposits
  • No limit on the size of bets
Cons
  • No college prop bets
  • Glitchy geolocation software
  • Retail outlets in remote areas

How to start betting in Colorado

With remote registration and online betting, it’s easy to get started with sports wagering in the Centennial State. Alternatively, Coloradans may visit a brick-and-mortar sportsbook in a state-licensed casino if physical bets are preferred.

1

Select a sportsbook

Colorado sports bettors should always take their time when choosing which sports betting platform best suits their needs. Then, consider the betting odds, bettor reviews, bonus offers, and customer support of each sportsbook.

2

Register online

Colorado sports betting law has made registration quick and straightforward. Once you’ve chosen a sportsbook, simply fill in your personal details via a mobile device or computer. Some Colorado sportsbooks may also ask for your driver’s license or SSN to verify your identity.

3

Claim a bonus

Always be sure to claim your bonus when completing the registration process with a new sportsbook in Colorado. These promotions are driven by competition in the state and provide new sports bettors with several great offerings.

  • Risk-free bets: If you lose your first bet, some Colorado sportsbooks will refund the exact amount to your account — up to a specified amount. This is usually in the form of site credit.
  • Deposit match: A sportsbook may also match your initial deposit, giving you more money to bet with. Playthrough requirements accompany this type of bonus.
  • No-deposit bonus: This promotion gives you the ability to place what equates to a free bet. Playthrough requirements are typically attached here as well.

4

Choose your bet

All of the popular bets are available for sports bettors in Colorado.

These include moneylines, player prop bets (excluding college sports), point spreads, parlays, Over/Unders (totals), teasers, live bets, and futures.

5

Deposit

There are many ways to make deposits into your sports betting account. Every Colorado sportsbook is different, but a combination of the following should be available: Play+, PayPal, credit cards, debit cards, bank transfers, or PayNearMe. Cash can also be used at retail sportsbooks in the Centennial State.

Take a look at the transaction fees associated with each method before choosing the one that works for you.

6

Start betting

Familiarize yourself with the various betting opportunities available with each sportsbook you’re considering. Not all Colorado sportsbooks offer the same betting lines, so a little bit of research could uncover more favorable betting scenarios than you may have anticipated.

7

Withdraw

Some sportsbooks may ask players to verify their identity via a driver’s license before processing a withdrawal. Withdrawals may be immediate but could also take a day or two, depending on how you choose to pull out funds from your account.

odds icon Odds explained

Colorado sportsbooks use American Odds — also known as moneyline odds — as the default option when displaying betting odds. For favorites, the number listed indicates the amount bettors need to wager to win $100. So, for example, -150 odds tell you that $150 needs to be put on this line if you’d like to take home $100 in profit.

Conversely, the number found next to an underdog specifies the profit up for grabs when placing a $100 bet. For example, +155 odds represent the $155 in profit you would receive following a winning $100 bet. As underdogs are not expected to win, you’ll stand to gain more when placing a wager on these teams.

Sportsbooks in Colorado may also allow you to view odds as decimals and fractions. Check out our odds converter to easily switch between American, Decimal, and Fractional odds.

CO sports betting handle

Colorado has quickly become a significant market for sports betting in the United States. The state has registered over $2 billion in sports bets in the year following the legalization of sports wagering.

Colorado's monthly betting handle has surpassed $300 million on two occasions — most recently in March 2021. The state's 6.4 hold percentage was second-lowest among all states with legalized sports betting in 2020.

Here's a look at Colorado's sports betting earnings to date:

Yearly breakdown

Year

Total handle

Revenue

Hold percentage

Tax revenue

2020

$1.19B

$75.8M

6.4%

$2.96M

2021

-

-

-

-

Monthly handle

Month

2021

2020

January

$326M

N/A

February

$266M

N/A

March

$301M

N/A

April

$244M

N/A

May

$249M

$25M

June

$229

$38M

July

-

$59M

August

-

$128M

September

-

$207M

October

-

$210M

November

-

$231M

December

-

$284M

Total

$1.56B

$1.19B

What you can't bet on in Colorado

Colorado may have the least restrictive sports betting law in the country. Flush with betting opportunities, Coloradans and visitors of the Centennial State can lay a sports bet on just about any event imaginable.

However, there a few exceptions highlighted here:

Money Icon Politics

There is no legal way to bet on politics in Colorado.

Money Icon Awards ceremonies

While popular with offshore sites, celebrity and pop-culture events such as the Academy Awards are off-limits.

What about college sports?

Sports bettors are free to place bets on any college team in the country. Player props are not offered, however.

What about the NFL Draft?

The NFL Draft is now a marquee offseason betting event and Coloradans are free to partake in the action.

What about esports?

While esports betting is legal in Colorado, all esports events must be approved individually by the Esports Integrity Commission (ESIC).

Legal sportsbooks in Colorado

Legal sports bets may be placed online via a computer or mobile device. In-person wagers are permitted in Colorado at one of the state’s 17 retail locations.

Colorado's online and mobile sportsbooks

Online sportsbook operator

Mobile app

Odds provider

Online casino

Retail partner

BallyBet

Yes

Bet.Works

No

Golden Gates Casino

Barstool

Yes

Kambi

No

Ameristar Black Hawk

BetFred

Yes

Playtech

No

Saratoga Casino Black Hawk

BetMonarch

Yes

Stadium

No

Monarch Casino

BetMGM

Yes

BetMGM

No

Midnight Rose Casino

BetRivers

Yes

IGT

No

McGills Hotel and Casino

BetWildwood

Yes

ISI Sports

No

Wildwood Casino

Circa Sports

Yes

Circa

No

Century Casinos

DraftKings

Yes

SBTech

No

Golden Mardi Gras Casino

Elite Sportsbook

Yes

Bet.Works

No

Red Dolly Casino

FanDuel

Yes

Flutter

No

Golden Gates Casino

FOXBet

Yes

TSG

No

Lasy Luck Casino

PlayMaverick

Yes

IGT

No

Maverick Gaming

PointsBet

Yes

Kambi

No

Double Eagle Casino

SBK

Yes

Smarkets

No

Bronco Billy's Casino

Sky Ute

Yes

Sky Ute

No

Sky Ute Casino

SportsBetting.com

Yes

Carousel

No

Johnny Nolan's Casino

SuperBook USA

Yes

Stadium

No

The Lodge Casino

theScoreBet

Yes

Bet.Works

No

The Gilpin Casino

TwinSpires

Yes

Kambi

No

Bronco Billy's Casino

William Hill

Yes

William Hill

No

Lady Luck Casino

WynnBet

Yes

GAN

No

Bronco Billy's Casino

Land-based WV sportsbooks

Sportsbook

Venue

Address

Phone number

Odds provider

Barstool Sportsbook

Ameristar Black Hawk

111 Richman Street, Black Hawk, CO 80422

(720) 946-4000

Kambi

BetFred Sportsbook

Saratoga Casino Black Hawk

101 Main Street, Black Hawk, CO 80422

(303) 582-6100

Playtech

BetRivers Sportsbook

McGills Hotel and Casino

232 Bennett Ave, Cripple Creek, CO 80813

(719) 689-2446

IGT

Bronco Sportsbook 

Bronco Billy's Casino 233 E. Bennett Ave., Cripple Creek, CO 80813 (719) 689-2142

Kambi

DraftKings Sportsbook

Mardi Gras Casino 300 Main Street Black Hawk, CO 80422 (303) 582-5600

SBTech

The SuperBook

Lodge Casino 240 Main Street, Black Hawk, CO 80422 (303) 582-1771

Stadium

Woody's Sportsbook

Wildwood Casino

119 Carbonate Street Cripple Creek, CO 80813

(719) 244-9700

ISI

 

Home team advantage: Colorado sports

Coloradans adore their pro sports teams. Many state sportsbooks may even encourage small wagers on these clubs by attaching easily attainable bonuses to a player or team performance.

In the long run, however, bettors must treat home team bets like any other and put biases aside. Conduct your research and review our how to bet guides before blindly placing a bet on any of your favorite teams.

NHL
Colorado Avalanche
NBA
Denver Nuggets
NFL
Denver Broncos
MLB
Colorado Rockies

Timeline of sports betting in Colorado

Colorado legalized sports betting on May 1, 2020, but clearing the legislature was only the beginning. The path to legalization came less than six months after Colorado voters approved a ballot measure, by a slim margin, that would cover the regulation of sports betting through licensed casinos. 

Both mobile and retail sports betting are permitted under Colorado law. The state will leverage tax revenue from sports betting to help fund various state water projects.

This timeline illustrates notable milestones in Colorado's sports gambling history:

 

 

Other types of gambling

Colorado is home to 40 casinos, five poker rooms, and one racetrack.

Beyond sports betting, state lawmakers have remained hesitant to usher in any other forms of online gambling.

casino Casino

Most of Colorado’s casinos are located in Cripple Creek and Blackhawk. Each casino offers an exhaustive list of table games, including craps and roulette, which were added when the Colorado Limited Gaming Act was altered in 2009.

Online casinos are illegal in the Centennial State. Sweepstakes gambling sites are permitted, however, as these sites use “sweeps coins” instead of dollars and are legal in 49 of 50 states.

poker Poker

Poker enthusiasts can visit five poker rooms in Colorado. Ameristar Casino Blackhawk, Isle Casino Blackhawk, and Golden Gates Casino are home to the most popular poker tournaments in the state.

Like online casinos, there are no legal options for playing online poker in Colorado.

Horse and jockey Horse racing

Colorado is home to a single-horse racetrack — Arapahoe Park Horse Track. Coloradans can place live or simulcast wagers at Arapahoe Park or at one of twelve off-track betting sites.

Pari-mutuel bets can be placed online with TVG and TwinSpires.

Horse and jockey Daily Fantasy Sports

Daily Fantasy Sports have been legal in Colorado since 2016. Players must be 18 or older to enter DFS contests in the Centennial State.

DraftKings, FanDuel, YahooSports, Monkey Knife Fight, and Prize Picks are among the DFS operators in Colorado.

Responsible gaming in Colorado

With legal sports betting taking off in Colorado, the Colorado Gaming Associated (CGA) has implemented several programs to educate casino employees and support problem gamblers.

The Problem Gambling Coalition of Colorado (PGCC) provides support in the form of a self-exclusion program. Individuals who fear having a gambling addiction may voluntarily prohibit themselves from all betting activity in the state.

Legal online sportsbooks also allow users to place a wide range of restrictions on themselves. For example, players can set deposit and betting limits or permanently join the self-exclusion list.

Legal U.S. sports betting markets

Colorado formally legalized sports betting, following the Supreme Court's ruling to overturn the long-standing federal ban on sports gambling. Sports gambling is also legal in these states:  Arizona, Illinois, Indiana, Iowa, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, and West Virginia.

Sportsbooks to avoid in Colorado

Offshore betting sites do exist in Colorado, but bettors are advised to avoid them. The following sites have been added to our blacklist because they are unregulated, unreliable and there is no guarantee players will be able to access funds placed in unsecured accounts. 

Bookname
Blacklist Star Rating
  • Allegations of withdrawal issues
  • No license information available on site
  • Poor customer service
Bookname
Blacklist Star Rating
  • Multiple reports of slow payments
  • Allegations of non-payments
  • Risk of account closure simply for winning bets
Bookname
Blacklist Star Rating
  • Reports of confiscated winnings
  • Slow customer support response times

Colorado Sports Betting FAQs

Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo