Sportsbooks in Colorado
In this guide we will talk about everything there is to know about online sportsbooks in Colorado. We examine the best sportsbooks in Colorado, the legislation around sports betting, which are the available teams to bet on, and much more.
Gambling, and specifically in its online form, has been a thing for several years, nearly a decade. Casinos were the first ones to go online, and then sportsbooks followed. Ever since the profits from online gambling reach astronomical numbers every year in the US. While not all forms of online gambling are legal, most states have legalized them in one way or another.
Thus, online sportsbooks in Colorado are a thing, since the state has had a positive attitude towards gambling from the beginning. CO’s residents can bet on sports they like, as well as support the state’s teams.
Best online sportsbooks in Colorado
|DraftKings sportsbook Colorado
|Best sportsbook for beginners
|FanDuel sportsbook Colorado
|Best sportsbook for mobile wagers
|PointsBet sportsbook Colorado
|Best sportsbook for in-play wagering
|BetRivers sportsbook Colorado
|Best sportsbook for boosted odds
|BetMGM sportsbook Colorado
|Best sportsbook for bonuses
|Caesars sportsbook Colorado
|Best sportsbook for parlay wagering
|Barstool sportsbook Colorado
|Best sportsbook for high rollers
Due to the high popularity of sports, people can find the best online sportsbooks in Colorado. These bookies are pillars of online gambling and have been around for years, providing bettors with a first-rate experience. Below we’ll go through sportsbooks in CO that have an extensive sports list, attractive bonuses, and excellent customer service.
FanDuel sportsbook Colorado
One of the top-rated sportsbooks in Colorado is FanDuel. Besides the alluring welcome offers and the regular bonuses, FanDuel Sportsbook offers a great variety of sports, payment methods, and betting types. Actually, the bookie has invented a new betting type, the same-game parlays, where bettors can build a ticket with bets from the same game.
Not only that, but the website, the app, and the customer service are excellent. The developers thought thoroughly about the building of the sportsbook’s online platforms. Thus, there are not even minor connectivity or bug issues. Everything has a friendly interface so that the user can navigate easily. FanDuel Sportsbook in Colorado partners up with popular teams and gives exclusive offers to the fans of each team. Finally, bettors can try their luck on the Daily Fantasy Sports version of FanDuel, as it is one of the oldest and most popular DFS bookies too.
DraftKings sportsbook Colorado
On the opposite side of FanDuel stands another superb sportsbook in Colorado, DraftKings. Their rivalry is pretty famous, and every sports bettor knows the two bookies always compete. This could only mean that DraftKings is equally good. Indeed, DraftKings Sportsbook in Colorado offers a high-level betting experience. Naturally, the website and the app run smoothly, with no problems. However, DraftKings has one of the most extensive sports lists in the US.
There, bettors can find even the strangest sports to bet on. In addition, they can also play Daily Fantasy Sports, as DraftKings also started as a DFS bookie. Last but not least, DraftKings is also famous for its bonuses and offers. Every day, there are new bonuses available for different games and sports. Thus, if someone misses a bonus on a certain sport, chances are they can get it in the following week.
PointsBet sportsbook Colorado
One of the best sportsbooks in Colorado is the Australian brand of PointsBet. It joined the American market quite recently after it partnered with NBC sports. PointsBet Sportsbook offers all the commodities of the other sportsbooks, such as a smooth and organized website and app, an extensive list of available sports, promotions, and good customer service.
However, PointsBet Sportsbook in Colorado has something that makes it stand out. It is its interesting betting system, the PointsBetting system. This system is a high-stakes wagering one, where the total payout of a bet can be multiplied by the final score. If the bet is over the original line, the value is multiplied for every point above it. However, if it is under the original line, its value is diminished for every point under it.
BetRivers sportsbook Colorado
Another sportsbook in Colorado that stands out from the rest is BetRivers. This sportsbook was one of the first ones to launch live betting. Until today, it remains a top choice for bettors who place their wagers live. To make the experience more thrilling, BetRivers has constant offers for live betting, special bonuses, and great live odds. Other than that, it is a decent sportsbook for normal sports betting.
The CO residents can find all sorts of bet types and many sports to choose from. Even though the bookie does not sign regular big partnerships, it offers attractive bonuses and promos to new and existing customers. Finally, the website and the app are also top-notch. Customer support is great, too. Therefore, BetRivers is fairly one of the best sportsbooks in Colorado.
Caesars sportsbook Colorado
This sportsbook is popular across the states. The brand built its name with the casino, and it moved to sports betting too. Caesars Sportsbook in Colorado has a luxurious feel, which resembles the retail locations. The online design is in green and gold, the brand’s trademark colors.
They perform flawlessly, and the navigation is easy. Caesars Sportsbook relies greatly on its good reputation. Thus, it is not as competitive as the other sportsbooks. Even though it offers many sports to bet on, including European too, it does not have that many bonuses. There are some good and attractive ones, but they are not as many as in the other bookies.
About online sportsbooks in Colorado
Online sports betting in Colorado is a popular activity. As far as legal sports gambling is concerned, Colorado is one of the least restrictive state in the U.S when it comes to online sportsbooks and what you can do on them.
Colorado is the only state where you can legally bet on in-state college sports. Registration does not require you to be present in person. You can legally bet online from anywhere in the state of Colorado. It doesn’t get any better than Colorado when it comes to legal sports betting.
Are online sportsbooks legal to use in Colorado?
Yes, online sportsbooks are legal to use in Colorado. The state made it officially legal in November 2019, when the residents voted in a relative referendum. In May 2020, the first wagers were placed.
The history online sportsbooks is rather short since the state legalized all forms of online gambling in Colorado within a year. In early 2019, the House leader, Alec Garnett, produced a bill that passed the Colorado General Assembly. Yet the law obliged the House to ask the voters if they wanted to legalize sports betting. So, in the November referendum, they voted yes.
In May 2020, sports betting officially started. Sportsbooks in Colorado could operate both in retail and online, despite the difficulties of the COVID-19 pandemic. Next year, the number of online sportsbooks doubled, and by 2022, the profits were very big.
Licenses, fees, and taxes
Colorado General Assembly decided that there would be three types of licenses. The first one is the Master license, which is only for the 33 casinos in the state. The second license is that of the Sports Betting Operator, which is for the retail sportsbook operators. The third one is the Internet Sports Betting Operator license, which allows each casino to have one online skin.
The Master’s license has a $10,000 fee, and then a $125,000 fee every two years. A casino with a Master’s license can partner up with retail and an online sportsbook in Colorado and use only one internet platform. Finally, there is a 10% tax rate on all sportsbooks in Colorado.
Steps on signing up for an online sportsbook in CO
Signing up for an online sportsbook in Colorado is very simple. Bettors who want to join one can follow the next steps. However, they must always keep in mind to provide only true personal details.
That is because the sportsbooks in Colorado run constant background checks to make sure that everything is legal. In addition, they have the right to ask for proof, such as an ID or a passport, to verify the information a bettor has filled in.
Popular teams on CO sportsbooks
There are many popular teams to choose from when you use Colorado betting apps or visit betting websites. The sports culture is quite popular in Colorado. In fact, the state houses some of the best teams across the US. Most of them are based in Denver. But they cover a wide range of sports, including NHL, NBA, NFL, MLB, MLS, etc.
Best sports to bet on using sportsbooks in CO
Here is a small list of just a few of the available sports to bet on at the best sportsbooks in Colorado:
Some of the popular bet types available at CO bookies
Colorado online sportsbooks offer a variety of betting options to their customers. There are many types of bets, but these are the most common and most popular ones:
Tips for sports betting in Colorado
Below there are a few tips to think about when sports betting in Colorado. Even though they may seem generic, they are the foundation of responsible sports betting.
Available promotions at CO sportsbooks
The best sportsbooks in Colorado have the best promotions and bonuses. It is one of the things that make them so good. They think about their clients. A good bonus is a win-win situation because both the customer and the sportsbook get something from it. The bettor saves or earns more money, and the sportsbook has a pleased customer who will most likely return for more bets.
The most popular promotions and bonuses in sportsbooks in Colorado are:
Payment methods available at Colorado sportsbooks
The last section of this brief is dedicated to the available payment methods offered by the sportsbooks in Colorado. All online bookies try to include every possible payment method to attract more bettors. Besides, every bettor has a specific payment method they like over others. Below are the most common and popular payment options offered by sportsbooks in Colorado.
Regarding the deposits, their processing time is instant, whatever payment method someone uses, and in every sportsbook in Colorado. There is always a minimum amount necessary for deposits, which is usually around $10.
On the other hand, the withdrawals take more time to be processed. The processing time depends on the payment option. For example, withdrawals with a Visa card are usually faster than a check. Overall, it takes from 24 hours to seven days for a sportsbook to process a withdrawal. In addition, there is a minimum withdrawal amount too, but it varies from sportsbook to sportsbook.