Online gambling in Colorado
Colorado is one of the US states that have legalized online gambling. Players in this state can enjoy online sports betting, daily fantasy sports, and pari-mutuel wagering. Online gambling in Colorado has enjoyed wide acceptance from players and online operators alike.
Players can enjoy the best gambling experience when they sign up with an online operator. Moreover, they get to choose from a wide variety of sporting events, including football, basketball, volleyball, tennis, and golf. Players can also claim fantastic bonuses when they join online gambling sites in Colorado.
Best online gambling site in Colorado
|Best gambling site for beginners
|Best gambling site for mobile betting
|Best gambling site for in-play betting
|Best gambling site for boosted odds
|Best gambling site for bonuses
|Best gambling site for parlay betting
|Best gambling site for high rollers
DraftKings is one of the best gambling sites you can join as a Colorado citizen. It is owned and operated by DraftKings Inc. Players can enjoy a wide range of gambling options at the betting site including sports betting and Daily Fantasy Sports.
The sportsbook section of DraftKings houses some of the best sporting events around the world. They include baseball, football, golf, MMA, hockey, soccer, and snooker. Besides, you can choose from different betting options, including live betting, totals, middle bets, and parleys.
FanDuel is another great gambling site in Colorado you can join. It is owned and operated by Betfair Interactive LLC. It features the best sporting events you can find around. They include golf, MMA, soccer, tennis, boxing, cycling, and basketball.
Additionally, you can claim great bonuses on the site like no deposit bonuses, free bets and boosted odds. You can also choose from different betting options at FanDuel including totals, live betting and over/under.
BetRivers is another gambling site where Colorado players can bet on popular sporting events. It is owned and operated by Rush Street Interactive LLC and licensed by the Colorado Division of Gaming.
BetRivers features top sporting events like UFC/MMA, football, tennis, golf, hockey, and cricket. Additionally, you can choose between several betting options, including Parley, Pointspread, and Totals. BetRivers offers juicy bonuses like Deposit match bonuses, profit boosts, same game parlay, and referral bonuses.
PointsBet is another addition to the list of best online gambling sites you can join in Colorado. It is owned and operated by PointsBet LLC and is licensed to operate by the state.
It features popular sporting events worldwide like baseball, football, boxing, cycling, golf, hockey, and MMA. You can also claim several bonus rewards at PointsBet Sportsbook, including Same Game Parley, Loyalty Program, and Risk-Free Bets.
Caesars is another gambling site popular in many US states like Colorado, Illinois, New York, Iowa, and New Jersey. It offers you the chance to bet on the best sporting events worldwide.
These events include cricket, darts, boxing, hockey, motorbikes, and snooker. Players can choose from a wide range of betting options, including pointspreads, totals, and moneylines. Caesars also offers a welcome bonuses to new players that often consists of some kind of risk-free bet.
Barstool is another gambling site you can check out as a Colorado player. It has a great sports section where players can enjoy maximum fun and win while at it. The online operator is owned and operated by Hollywood Casino and holds a license with the Colorado Gaming Division.
Here, players can bet on popular sporting events like basketball, cycling, darts, football, golf, and soccer. Barstool Colorado offers juicy bonus offers to all new players including deposit bonuses, free bets and a comprehensive VIP-program for all high rollers.
Is online gambling legal in Colorado?
Online gambling is legal in Colorado but this only applies to sports betting and daily fantasy sports. The state legalized online sports wagering in 2019 and the first online gambling site in Colorado went live in May 2020.
Colorado has a dozen land-based casinos where players can visit to gamble in person, but playing casino games like slots or poker on the net is not yet legal. Moreover, Governor John Hickenlooper banned greyhound racing in 2014 because of its unpopularity. In order to gamble online in Colorado, you need to be at least 21 years old. However, if you want to participate in the Colorado Lottery you only need to be 18.
Legal forms of online gambling in CO
In this section, we’ll be explaining the legal online gambling options you can choose in Colorado. These include betting on sports and horses and daily fantasy sports.
Online sports gambling launched in the state on May 1, 2020. Ever since, it has received massive acceptance from players. You will find the biggest online gambling operators in Colorado including BetRivers, Barstool, PointsBet, FanDuel, and DraftKings.
You can choose between several betting options when you join any Colorado sports betting site. Many of the sports gambling sites that launched in Colorado partnered with land-based casinos to further improve their services to their players. For example, BetRivers partnered with McGill’s Hotel & Casino, DraftKings partnered with Golden Mardi Gras Casino, and FanDuel partnered with Golden Gates Casino.
Horse race betting
Horse Betting is one of the world’s most popular online gambling options. Luckily, Colorado allows pari-mutuel betting on horses. Players can also bet on off-track simulcasts for all race types.
Arapahoe Park Horse Track is the first establishment that may come to mind when you mention horse betting in Colorado. Colorado legalized pari-mutuel horse racing in 1984, with Centennial Race Track being the first race track to open in the state. Subsequently, the state launched the popular Arapahoe Park Horse Track in 1992, which remains the only live horse racing venue up till now.
Daily fantasy sports
Daily Fantasy Sports is also a legal gambling option on Colorado betting apps. Interestingly, the state is among the first five US states that legalized Daily Fantasy Sports. DFS was legalized in the state after HB 16-1404 was passed by the legislature in 2016. Subsequently, Governor John Hickenlooper approved the bill on June 10, 2016.
How to join an online gambling site in Colorado
In order to join an online gambling site in Colorado and start betting, follow the steps outlined below:
Bonuses at Colorado gambling sites
Bonuses are incentives that Colorado gambling sites give to new and regular players. Read more about the most common gambling promotions below:
Online gambling taxes in CO
Colorado is no exception to imposing income taxes on players’ winnings. When a player wins more than 300x their initial bet at any Colorado gambling site, a W2-G form is automatically issued. As a result, another copy of the form is sent to the state Internal Revenue Service (IRS).
In case you’re wondering where your gambling taxes goes to as a Colorado player, they are channeled to a good cause. Some of the organizations that benefit from gambling taxes are Community colleges, Colorado State Historical Fund, and Gaming Cities and Counties.
Who regulates online gambling in Colorado?
The Colorado Division of Gaming (CDG) and the Colorado Limited Gaming Control Commission (CLGCC) regulate all forms of online gambling in the state. These regulatory bodies ensure that every online operator in the state complies with its laws. Furthermore, the regulatory bodies thoroughly scrutinize potential online operators before issuing their licenses.
History of gambling in Colorado
The gambling journey of the state started in 1948 when Parimutuel Greyhound Race and Horse Race betting was legalized. In the same year, the Colorado Racing Commission was established to regulate the pari-mutuel betting industry. Then in 1983, the Colorado State Lottery was launched. In 1990, Colorado residents voted Initiative 4 into law, which led to the legalization of retail casino gambling.
A year later, the Senate passed Bill 91-99 into law, allowing for interstate simulcasting of horse racing. Then, in 2008, residents in the state passed Amendment 50 into law, allowing casinos in the cities to increase their maximum bet to $100. In 2019 Colorado voters approved Proposition DD, which led to the legalization of online sports betting in the state. Finally, on May 1, 2020, online gambling operators opened their doors to Colorado citizens.