Updated: Oct 25, 2022
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After gaining legislative approval, sports betting was officially legalized in the state of Colorado in May 2021. Since that time, bettors in the state have gained access to sports betting apps and retail outlets.
Players have access to well over a dozen sports betting apps, and retail betting is prevalent in the major gambling towns of Cripple Creek, Black Hawk, and Central City.
Whether you enjoy online or in-person betting, you have options in Colorado. The industry has grown considerably since its inception, and wagering is super easy. A new online account can be created in just seconds, with plenty of betting options on offer, including moneyline, spreads, and prop bets.
The online industry is booming and is quite convenient for players who want to wager on the go or from the comfort of home.
Pros & Cons About Betting On Sports In Colorado
- Online betting is available via Android and iOS devices.
- There is a large selection of operators to choose from.
- Banking options are plentiful for deposits, including credit and debit cards, PayPal, and online bank transfers.
- Access deposit match bonuses, risk-free bets, and other incentives.
- The industry is overseen by the Colorado Division of Gaming which ensures safe and fair betting.
- You must be in the state to take part in sports betting services.
- The market is so large that it may be challenging to narrow down to a specific operator to use for your sports betting needs.
- Sports betting winnings are considered taxable income.
- You cannot bet on high school sports within the state.
Would We Bet On Sports At Colorado Sportsbooks?
Overall, Colorado is a state in the US that offers a wealth of sports betting opportunities. For land-based gaming, you are mostly limited to the three major gambling towns of Cripple Creek, Black Hawk, and Central City. However, in those regions, there are plenty of options. You have some casinos that feature wagering via the cashier, along with self-betting kiosks as well.
When it comes to online betting, the state also offers an excellent selection of apps and websites. There is no shortage of options, so the hard part may be deciding which operator to use as your main sports betting hub.
The market is large enough that sports bettors have enough options to find a retail outlet or online option that suits the style of betting, sportsbook promotional needs, or simply just the type of vibe you are looking for. It’s much better to have choices than to be limited to a handful of operators.
How To Sign Up At A Betting Site
In general, the sign-up process is the same for any online sports betting site. Once you select the ‘Register’ button, you will need to enter personal information. The operator will ask for your full name, birth date, and last four digits of your social security number.
Your address is also required, along with a telephone number. You must also acknowledge that you are 21 years of age or older and that the information you provide is accurate.
It takes roughly under five minutes to enter your personal information to set up an account. Once you select the Create an Account option, your account will need to be verified by the operator. This can take up to 48 hours, depending on the provider.
Your personal information is reviewed to ensure compliance with state regulations and sports betting laws. A copy of a photo ID and verification of your address may be required as well. Again, this will depend on the operator.
If you already have an account with a provider’s existing site, such as a horse racing site or other gambling option, be sure that you need to create a new account for the operator’s sportsbook. In most cases, you can use the same sign-in information to access all the services of the operator.
However, avoid setting up multiple accounts, as this can cause all of your accounts to be locked. Contact support if you have questions about existing accounts and setting up a sportsbook ID.
GeoComply is software used by sportsbooks in the state to verify that you are located within the borders of Colorado. When you sign-up for a new account at a sports betting website, you are asked to download the GeoComply software.
This helps the sportsbook to pin down your physical location. Using the app is easy, as it runs in the background. If you run across any issues with GeoComply, the sportsbook support team can help.
Sports Betting Apps
When it comes to online sports betting in Colorado, betting apps are the top choice among bettors. Players love to use mobile apps for gambling due to the convenience and seamless format.
Easily find the same betting options in an app as you would via your desktop, taking your betting on the go whenever you like. In Colorado, there is a large selection of apps available, from BetMGM to William Hill and more top brands.
Pros & Cons Of Sports Betting Apps
- There is a large selection of sports betting apps on the market.
- Access to plenty of promotions and incentives by trying various providers.
- Place a sports bet whenever you like.
- Bets can be placed anywhere you have an internet connection.
- You must have an internet connection to place a wager.
- Some betting apps are not available on iOS.
- A verification process must be completed each time you sign-up for a new account at a different app provider.
Each online sports betting platform in Colorado offers a different wagering experience. Below are the current apps available in the state and a little about what each operator provides.
Betfred Sportsbook App
Partnered with Saratoga Casino, Betfred offers a quality sports betting app in Colorado. The app provides all types of bets, including teasers, parlays, straight bets, and more. In addition, the app promotes exclusive daily odds boosts, promotions, and bonuses.
BetMGM Sportsbook App
The first sports betting app to launch in the state was by BetMGM. The brand has a large footprint in the United States sports betting industry and is a preferred option among many sports bettors. The app offers plenty of wagering options and includes a live betting area as well.
BetMonarch Sportsbook App
Created by Monarch Casino, this app is an in-house product that Miomni Gaming developed. A unique feature of this app is that players can earn rewards points while playing. Points can be used at the Monarch Casino in Black Hawk, Colorado, or the Atlantis Casino Resort & Spa in Reno, Nevada.
BetRivers Sportsbook App
Another brand that continues to grow in the US sports betting market is BetRivers sportsbook. This app is a top option for players searching for consistent promotions and a rewards program.
BetWildwood Sportsbook App
In Cripple Creek, the Wildwood Casino decided to create an app on its own rather than signing a partnership deal. As a result, the app is easy to download and use, providing a large selection of betting markets, including the NFL, NHL, MLB, NBA, and more.
Circa Sports Sportsbook App
This app is unique because it was the first by Las Vegas Circa Resort & Casino to go live outside the state of Nevada. The casino partnered with International Game Technology (IGT) to build its intuitive app.
DraftKings Sportsbook App
A well-known brand in general, DraftKings is also a popular choice among Colorado Sports bettors. The sports betting app offers a solid selection of live betting options along with a ton of prop bets to add a little fun to your wagers. In addition, the mobile app is a top pick due to the many betting features and seamless navigation.
Elite Sportsbook Sportsbook App
After partnering with Red Dolly Casino, Elite Sportsbook went live in Colorado. With this app, iOS users can easily download the option. However, Android users need to use a web browser for access. A downside to this app is the payment options. Players can only use the casino cage at the casino or Play+ to add funds.
FanDuel Sportsbook App
Another popular brand in the sports betting world, FanDuel, offers an app in Colorado via a partnership with the Golden Gates Casino. FanDuel is a hit among players due to its many in-app features and payment methods. In addition, the functionality is excellent, providing a streamlined experience for beginners or seasoned bettors.
FoxBet Sportsbook App
This is also a familiar name, a brand created by The Stars Group and the Fox media company. The app offers premium promotions, including options with personalities associated with the Fox network. This app is often a top pick due to the advertisements seen during events broadcasted on Fox Sports.
PlayMaverick Sportsbook App
This brand is another one that decided to partner with IGT to create an in-house app option. But, again, there is nothing fancy to see here—just a simple menu of sports betting options and an easy-to-navigate layout.
PointsBet Sportsbook App
Headquartered in Denver, it is not surprising to find this brand operating in Colorado. This app offers quality sports betting options along with a new wagering method known as PointsBetting. With this option, players have more control over betting with an alternative to fixed odds. The unique format has made PointsBet a top choice among sports fans.
SBK Sportsbook Sportsbook App
This online sports betting app is offered in Colorado thanks to a partnership with Bronco Billy’s Casino. It provides a fresh interface with easy-to-navigate tabs. Major US sports, as well as some international options, are available in the app.
Sky Ute Sportsbook App
Connected to the tribal casino Sky Ute Casino Resort, this app was created with the help of Stadium Technology Group. The app offers unique half-point purchase promos as well as additional options. Wager on all major sports, including MMA, Football, Baseball, Auto Racing, and more.
Sportsbetting.com Sportsbook App
This app is available for iOS users only and is provided by the Carousel Group. Players who have Android devices can easily use a web browser to access the sportsbook site. An excellent selection of betting markets can be found here, along with the standard betting options.
TheScore Bet Sportsbook App
An enhanced mobile betting experience awaits those who use TheScore Bet as their app preference in Colorado. The app has a high rating online among players due to its premium pre-game and in-play markets plus early cash-outs.
William Hill Sportsbook App
One of the most experienced bookmakers on our list, William Hill, expanded into Colorado in late 2020. The operator offers a quality online gaming platform via its mobile app. Quickly start betting on top markets, with options for in-play betting. Live odds are updated in real-time as you get in on the live betting action.
WynnBet Sportsbook App
Created by Wynn Resorts, the sportsbook app offers a seamless mobile wagering experience. Find in-game betting and live stats on all your favorite sports, including the NFL, NBA, NHL, MLB, and many more.
How To Fund Your Betting Account?
The process of funding your online sports betting account and withdrawing winnings is simple. In Colorado, sportsbooks provide plenty of banking methods to choose from so that every player has access to options that work for them.
- After logging in to your account, select the cashier option in the app or online, and choose the ‘Deposit’ section.
- Choose your banking method and select the amount you wish to deposit.
- Follow the listed steps to complete a deposit based on your chosen banking method.
- Payments will be added to your account once they are approved. Some methods, like credit cards, are added instantly.
- Log in and select the ‘Cashier’ option, choosing the ‘Withdrawal’ button.
- Select your banking method and how much you wish to withdraw.
- Complete the process based on the selected method. Keep in mind; each option will clear in a specific amount of time, some quicker than others.
- Watch for your withdrawal to appear.
Online Sportsbook Payment Process
There are plenty of payment options in Colorado that you can use to deposit or withdraw funds from an online sports betting account. Each provider has a list of methods you can choose from, and the options will vary based on which site you are accessing.
In general, these are standard options you will find at Colorado online sportsbooks:
- Credit cards
- Debit cards
- Online banking
- Bank transfer
- Casino cage
How Do Sports Betting Sign Up Offer Work?
When you join a new online sports betting site, you may see incentives offered via promotions. In general, the operators provide three types of sign-up offers: first deposit, no deposit, and risk-free bet. By learning more about these types, you can find the option that works best for you.
For example, some require no money down, while other deals require an amount deposited before you can begin wagering.
First Deposit Offer
A first deposit offer is a deal provided to bettors depositing for the first time, be it on an app or sportsbook website. The offer will give a certain percentage in bonus cash based on how much you deposit. Some offers require a bonus code at the time of the deposit.
Meet the deposit requirements, and you have additional funds that can be used to place a sports bet.
No Deposit Offer
A no deposit offer is an excellent option as it provides an incentive at no cost to you. In general, the sportsbook offers you a certain amount in free bets once you sign-up for a new player account. If you win a bet with the free funds, you get to keep the winnings once a deposit has been made.
The rules will vary on such deals depending on the site on which you are betting.
This incentive is an excellent option for new bettors. As a new customer, sign-up for a player account and make a deposit. Next, you place your first bet, up to a certain amount that the site has offered via its risk-free bet.
If you lose, then the amount of the bet is returned to you in free bets.
Where Can I Place A Bet In Colorado?
When visiting Colorado, you will find several options for in-person sports betting. There are tribal casinos offering sports betting in Towaoc and Ignacio and several options in Cripple Creek, Central City, and Black Hawk.
If you find yourself too far from a casino or sports betting location, simply use a sports betting app or website to wager.
Land-Based Sportsbooks in Colorado:
- Ameristar Black Hawk: Barstool Sportsbooks
- Saratoga Casino: Betfred Sportsbook
- McGills Hotel and Casino: BetRivers Sportsbook
- Colorado Grande Casino: Self-service kiosks only currently
- Mardi Gras Casino Black Hawk: DraftKings Sportsbook
- Red Dolly Casino: Elite Sportsbook
- Johnny Nolon’s Casino: Self-service kiosks via ISI Race & Sports
- Grand Z Casino: Maverick Sports
- Z Casino: self-service via Maverick Sports
- Johnny Z’s in Central City: Self-service via Maverick Sports
- Sasquatch Casino: Self-service kiosks via IGT
- Sportsbook at Monarch Casino Black Hawk: self-service kiosks
- Bronco Billy’s: TwinSpires Sportsbook
- Isle Casino Black Hawk: William Hill Sportsbook
- Lady Luck Casino: William Hill Sportsbook
- Wild Card Saloon: IGT Self-service betting kiosks
- Wildwood Casino: Woody’s Sportsbook
Colorado Sports Betting Laws And Tax Rates
In general, the sports betting laws in Colorado allow the state to license operators who are partnered with local casinos. Betting is offered via retail sportsbooks and online apps. Players must be located in the state to take part and be 21 years of age or older. In addition, the law bans betting on high school sports and esports.
The tax rate for the industry is set at 10%. The rate covers the net sports betting proceeds from operators. Money raised from the industry will be distributed to cover administrative costs, a hold harmless fund, counseling services, and a gambling crisis hotline.
Gambling Problem? Find out how to exclude yourself from betting sports in Colorado.
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