Colorado residents can expect to place legal sports bets online and at some Colorado casinos throughout the state in May 2020!
CO Online Sports Betting
Online sports betting is coming to colorful Colorado by late spring 2020. After a bureaucratic shuffle and more than one bill passing through the legislature, Coloradans can legally bet on sports!
You’ll be able to bet on all of your favorite professional sports from NFL to NBA and more! There are over 30 Colorado casinos who will be eligible to implement both online sports betting and in-person wagering.
Remember, Colorado sports betting is legal and on the books, but the law doesn’t take effect until 2020. It’s more than likely that casinos will be ready and able to open their doors and release apps right away, but there may be a delay.
CO Sportsbooks Apps
As we’ve stated, there aren’t any regulated sports betting apps just yet. Everything is in place for Colorado casinos to have both in-person and online sportsbooks. Online CO casinos, however, don't seem likely. Although you can do horse betting in Colorado.
Residents of Cripple Creek, Black Hawk, and Central City will have to vote on a separate ballot initiative for in-person sportsbooks in their towns–this means that online sportsbooks will be the only way to bet in Colorado until these ballots pass.
Other states that have passed sports betting laws such as, Indiana sports betting and Tennessee sports betting, have seen similar timelines: the law gets passed, then anywhere from six months to a year go by before the first sportsbooks go live.
However, reports indicate that the process will go much more smoothly for Colorado sportsbooks, as they can go directly to online wagering without having to have a physical sportsbook. PointsBet is expected to be an early entry when you consider their partnership with Double Eagle.
All this considered, it’s more than likely that Colorado will have online betting apps by early summer of 2020, just in time to start betting on the NBA playoffs.
DraftKings was one of the first platforms to launch when Colorado legalized sports betting on May 1, 2020. Originally known for their daily fantasy sports, DraftKings has long been popular among sports bettors. Offering bettors a $500 risk free bet and a 100% bet match of up to $500, DraftKings has some of the best incentives for new users.
Users will also have a long list of sports to choose from as well as betting styles including live in-game betting. Additionally, DraftKings offers daily odds boosts and constantly changing special bonuses. The DraftKings Sportsbook app is available to iPhone and Android users and can be linked with an existing daily fantasy account.
theScore Colorado is due to launch a mobile sports betting app sometime this year. We can anticipate what the Colorado app will look like based on the New Jersey version which has already launched. The highly anticipated platform started as a sports information app and is looking to integrate that background with their pregame and in-game betting options.
This union of sports news and betting makes theScore a unique option for users. Bettors can link their accounts to have instant access to scores, bet tracking and personalized betting. theScore is available for download on iOS and Android devices and is sure to offer some great signup bonuses for new users.
Launching on May 1 just after the legalization of online sports betting in the state, the FanDuel sportsbook is sure to dominate. Having started as a daily fantasy site, FanDuel has established a reputation amongst bettors as a leader in the industry.
In addition to offering new users a $500 risk free bet upon signup, FanDuel also has daily odds boosts and a variety of changing bonuses. One of the more popular features offered is the “cash out” feature which allows users to cash out of a bet while it’s still in progress. This allows bettors to mitigate any potential losses and have more control over their wagers.
Available for download on iOS and Android devices, FanDuel is easy to download and has a user friendly interface.
FOXBet’s launch is highly anticipated and expected to drop in the state soon. Having already launched in both New Jersey and Pennsylvania, we can expect the Colorado version to have similar offerings.
The FOXBet sportsbook is available on iOS and Android devices and offers a variety of popular betting styles like parlays, futures and spreads. Additionally, the sportsbook also has live in-game betting and multiple customer service outlets to handle any questions or issues.
Perhaps most exciting are the signup bonuses for new users which include a risk free bet of up to $500 and a 50% deposit bonus of up to $500.
Due to launch in Colorado sometime this summer, the PointsBet Sportsbook has already establishment themselves in New Jersey, Indiana and Iowa. PointsBet offers traditional styles of betting as well as their own unique points spread style. This allows bettors a high-risk and potentially high-reward opportunity.
Offering new users two risk free bets of up to $100 as well as a rewards program for loyalty, PointsBet has some incentivizing reasons to signup. In addition to a unique variety of betting styles, PointsBet also allows users to create their own bets simply by tweeting @PointsBetUSA with #nameabet.
The Circa Sportsbook hasn’t launched in Colorado quite yet, but it is expected to soon now that online sports betting is legal in the state. After signing a deal with Century Casinos back in February, Circa solidified their partnership with an established Colorado based retail casino.
Offering an array of regular promotions, Circa will also offer odds boosts, parlay insurance and comeback protection. Available for iOS and Android devices, Circa Sports offers a comprehensive and user-friendly interface. Uniquely, Circa offers more futures betting than most sportsbooks, including alternative lines.
Though the BetMGM brand is recognizable throughout the country, the sports betting app is new to Colorado. Offering new users up to a $500 risk free bet, BetMGM knows how to bring in new customers and with their awesome rewards program, retain them.
With constantly changing promotions, BetMGM also offers daily bonuses and free event bets. Available for download on both iOS and Android devices, registration and sign up is quick and only requires some personal information to verify your age and location.
In addition to a variety of sports betting styles, BetMGM also offers live in-game betting and includes an early cashout feature.
Smarkets is based in the UK but has expanded its reach to the US after the 2018 overturning of PASPA. The Colorado app is due to launch soon and will be available for both iOS and Android users.
Offering a fresh and unique betting style, Smarkets allows users to bet against each other rather than a sportsbook. This style of betting, known as a betting exchange, is new to the US.
The SBK mobile app is partnered with Full House Resorts, a Vegas based casino operator. This betting exchange platform is the only one of its kind in the US.
Colorado is amongst a handful of states to launch a William Hill sportsbook. Online sports betting was just recently legalized in the state and the William Hill app is due to launch soon.
The platform offers two sign-up bonuses for new users including a 100% bet match of up to $150 and a $10 free bet. Available for download on both iOS and Android devices, William Hill offers a range of betting options for a variety of sports. Unlike some sportsbooks, they also offer special event bets on worldwide sporting competitions like the Olympics and the World Cup.
BetRivers just launched their online Colorado sportsbook and app on May 1, 2020. It is currently available for download on all Android devices and is expected to be available for iOS download soon. Until it’s available, Apple bettors can still bet with the mobile website.
BetRivers has a multi-tier loyalty program and offers new users a 100% bet match of up to $250. This is an excellent bonus only requiring a 1x play through. Partnered with McGills Hotel & Casino and owned by Rush Street Gambling, BetRivers has some strong associations.
The sportsbook also offers daily odds boosts and reload bonuses so make sure you’re constantly checking the promotions tab and taking advantage of all these perks.
The Barstool Sportsbook is expected to launch in Colorado in August 2020. This will be the first US venture for the Penn National partner. Though it hasn’t launched yet, we can make some predictions about what it will look like.
Some kind of new user promo is a pretty safe bet and since they are partnered with industry giant Penn National, we can expect an intuitive and solid platform. The app will be available for download on both iOS and Android devices.
Betway hasn’t launched in Colorado quite yet but is expected to shortly. Currently, Betway is based in Europe so this will be the first US venture for the platform. We can expect that there will be some kind of sign up bonus for users as well as an app, which will likely be available for iOS and Android download.
From the Betway Europe model, we can see seasonally relevant betting promos, live in-game wagering and a variety of sports and betting styles.
Having just launched a retail location in Iowa at the end of January, Betfred is looking to expand its US holdings. Most likely, the Colorado launch will include a downloadable app for both iOS and Android devices. There is also expected to be at least one sign up promo offered to new users. Betfred offers standard betting styles like point spreads, moneylines and totals as well as live in-game wagering.
Though Betfred is expected to launch next in Colorado and Pennsylvania, they will most likely continue to dominate the US market.
Currently only established in the Vegas market, SuperBook is expected to expand to Colorado soon. Although the pandemic has delayed things a bit, they are still looking at late Summer 2020 for release. Partnering with The Lodge Casino in Black Hawk and Jacobs Entertainment, SuperBook definitely has a solid foundation for success.
The app is expected to offer innovative betting approaches and promos tailored specifically to the Colorado market. SuperBook has the largest Super Bowl prop bet menu in Nevada so it’s anticipated that they will bring that to Colorado as well.
BetAmerica Colorado launched at the beginning of May 2020 and is currently available for download on iOS devices. Android app is not currently available, but is definitely in the works. BetAmerica offers new users a 100% bet match of up to $100. They also have a Rewards program and a VIP program, so users are constantly benefitting from their bets.
BetAmerica definitely is a great platform for users looking for horse racing. The site features 425 racetracks in both Domestic and International markets.
BetWildwood is not up and running yet but is expected to be available for both iOS and Android devices when it is. It will offer a range of betting styles including moneylines, point spreads, totals, futures, parlays, props and live betting.
Though new user promos are not currently known, they will surely offer some incentivizing bonuses for sign ups. BetWildwood includes a variety of popular sports as well as some lesser known options like Australian football.
Expected to launch soon, Wynn Sports is a product of Scientific Games; a gambling services company. To compete with the online sports betting market in Colorado, Wynn will have to offer some type of promo for new user sign-ups.
Additionally, it is expected that Wynn Sports will offer Colorado users some ongoing or seasonally changing promotions. Straight bets, futures, parlays, props and live betting are all available on the Nevada app and should be available on the Colorado app as well.
Having just launched on May 12, 2020, SportsBetting.com has partnered with local TV and radio stations to provide a community-oriented platform to users.
SportsBetting.com will be Carousel Group’s first US venture and they’re focusing on providing a full-service approach. SportsBetting.com has employed an experienced team eliminating the need for third-party software. This allows the site a good amount of creative freedom while still maintaining a solid range of skills.
CO Sports Betting Rules
House Bill 1327 was signed into law in May of 2019. This bill made provisions for sports betting law (Proposition DD) to be drafted and voted on in November’s general election. By a small margin, the sports betting law passed, and Colorado will see its first legal sportsbooks opening by the summer of 2020.
The Colorado sports betting law has a few key points to note. First off, this proposition does not take effect until May 2020. There are licensing issues and requirements for any casino offering legal sports betting apps, so it’s possible that casinos will not be ready for the May 2020 release date.
If you’re looking to make a proposition (or “prop”) bet on collegiate sports in Colorado, you’re not going to be legally allowed to do so. Proposition bets are bets made on in-game events and not the final outcome of the game itself, and Colorado sports betting prohibits prop bets on collegiate events. All other bets on college sports are legal.
Finally, Colorado sports betting will be taxed at a rate of 10% to support the Colorado Water Plan. When casinos do release sports betting apps starting in May 2020, wagers will be taxed with the revenue going to improve water quality for the Centennial State’s growing population.