Mike McKean
Editor
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Last Updated on 27/09/2022
Fact checked by: Sophie McCarthy
Table of Content
- Who is this guide to Colorado sports betting suitable for? - CO betting fans
- The legal history of Colorado sports betting - The story of CO so far
- Our Editor’s recommendation - The best Colorado sportsbooks
- Our top five expert tips for secure and fair Colorado sports betting - Keep these in mind
- What do we look for when we evaluate the best Colorado sportsbooks? - The most important aspects of any good bookmaker
- Finding the best Colorado sportsbooks for you - Things to consider
- Conclusion - Time to enjoy some sports betting in Colorado
- Sports betting Colorado FAQ
Who is this guide to Colorado sports betting suitable for? - CO betting fans
Sports betting in Colorado is popular with all types of gamblers. With this in mind, we ensure that our guides are an essential tool for both beginners and experts.
If you are new to Colorado sports betting, then you can benefit from essential information on what to look out for when joining Colorado sports betting sites and top tips on how to make profits from the best betting sites Colorado has to offer. If you are hugely experienced when it comes to Colorado sports betting, then our guides can still provide you with key insights into the newest and best Colorado sportsbooks.
The legal history of Colorado sports betting - The story of CO so far
Gamblers in Colorado have been able to bet on lotteries and casino games for a number of years. The first physical casinos in the state were built in 1991. Historical towns were used as the locations for the sites in an attempt to reinvigorate local economies and raise money through taxes. One year later, the federal government passed a key law that effectively banned Colorado sports betting in every Us state aside from Nevada.
This remained the status quo in Colorado until 2014, when a bill was passed that allowed other locations (primarily racetracks) to offer casino betting. However, it was not until November 2019 that Colorado sports betting was legalized. This was thanks to the approval of ‘Proposition DD’ (sports betting with tax revenue for water projects measure) and meant that the 33 casinos located in Colorado could apply for retail and online sports betting licenses.
It took until early in 2020 for the first sports betting licenses to be issued. DraftKings, FanDuel, BetRivers and BetMGM were the first four names to enter the market. Unfortunately, the global pandemic meant that it was a relatively slow start for the operators, US sport had almost completely stopped and the only events taking place around the world were in minor sports such as table tennis and harness racing.
Eventually, things began to pick up in the latter part of 2020 and by May 2021 over $2.3 billion had been wagered at Colorado sports betting sites.
Now there are over 20 operators offering Colorado sports betting, giving players a fantastic and ever-growing choice of the best Colorado sportsbooks.
Our Editor’s recommendation - The best Colorado sportsbooks
Our mission is to help you find the best Colorado sportsbooks. To help you achieve that aim, our Editor has been closely looking at all of the state’s sportsbook operators. After careful consideration, we can reveal that our Editor’s Recommendation for the best sportsbook in Colorado is DraftKings.
Since acquiring a license in 2020, DraftKings has been at the forefront of the Colorado sports betting scene. This is partly down to their superb and creative range of betting markets. Odds boosts and specials are regularly available for major events, whilst DraftKing's famous daily fantasy offering gives players a chance to play against other sports fans in a range of fun events.
Design is another area that greatly impressed our Editor. If you are a mobile player, then DraftKings have one of the very best sports betting apps on the market. Navigation is extremely easy, finding your desired market never takes more than a few seconds and everything is clearly displayed when it comes to placing wagers. If you prefer to bet on a desktop device, then the DraftKings website is equally user-friendly and easy to use.
Finally, our editor found that the customer service options at DraftKings were fast, efficient and available throughout the day. Ideal should you encounter any problems when using DraftKings.
Overall, there is a lot to like about playing at DraftKings and our Editor had no hesitation in making it our recommendation for the best Colorado sportsbook.
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Our top five expert tips for secure and fair Colorado sports betting - Keep these in mind
Security and fairness should be at the forefront of your mind when sports betting. Colorado gamblers need to know that operators can be trusted with their funds and personal data. Players also need to play responsibly and control their gambling activity in order to remain secure whilst Colorado sports betting.
To help you achieve this, our gambling experts have put together their five top tips for a safe and secure Colorado sports betting experience:
What do we look for when we evaluate the best Colorado sportsbooks? - The most important aspects of any good bookmaker
Our aim is to help you have a great time gambling in Colorado and tell you about the very best Colorado sportsbooks. So how exactly do we achieve this aim and what do we look for when assessing Colorado sports betting operators?
Here are three vital areas that our reviews cover:
Payment options
Whilst almost all online gambling Colorado sites accept traditional methods such as credit/debit cards, if you want to use a more unconventional method you may find your options slightly limited. Modern payment methods such as virtual currencies are becoming more and more popular with gamblers due to their security and ease of use. However not all Colorado sports betting companies accept cryptocurrency payments. The same applies to eWallets and the list of accepted methods varies from operator to operator. Our guides outline which payment methods you can use, as well as explain key information including fees and deposit limits.
Colorado Sports Betting Markets
The two key issues we assess here are the range of markets and the attractiveness of odds. If you primarily bet on major sports and events such as the NFL, NBA and major soccer competitions you will find that almost every Colorado sports betting site will meet your requirements. However, if you bet on minor leagues and less popular sports, you will find that your options are limited.
In terms of betting odds, we want to help you find the very best value from Colorado sports betting. To this extent, we always compare betting odds at different sites and ascertain which operators regularly offer the most attractive prices.
Safe gambling
Whenever you are sports betting in Colorado, you need to know that you are gambling with a secure and fair operator. As we outlined in an earlier section, our guides carefully assess both the licensing situation and the encryption information of every single Colorado sports betting site that we review.
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Finding the best Colorado sportsbooks for you - Things to consider
All Colorado sports betting fans are different. That means that deciding which Colorado gambling sites to join will always come down to a personal decision. With so many operators in the market, finding the best US gambling sites for you can be tricky.
Taking this into account, here are some important questions you can consider when trying to find the best Colorado betting sites for your own individual requirements:
Do you play during the day or at night?
If you are a nighttime gambler or you like to place sports bets early in the morning, you need to check that there are active contact options open to you. Encountering a problem and being unable to contact a customer service operator can be extremely annoying and can potentially cost you large sums of money.
Which sporting events do you bet on?
If the answer is the NFL or the NHL then you do not need to worry about which Colorado sports betting sites to join. But if you want to bet on less popular sports and minor leagues then you need to carefully consider which sites to join. If you are a big esports fan, you need to find Colorado sports betting sites that carry markets for a large range of esports leagues and matches. If you're a fan of UK sports, we can also guide you in the right direction of the best football betting sites.
How many sites do you want to join?
If the answer is just one or two, then we recommend that you sign up for operators with an excellent loyalty and/or VIP program. These programs reward you for making regular bets and typically come in the form of a points system that rewards you with points every time you place a real money bet. At specified totals, you can exchange your points for prizes. These prizes are usually in the form of free bets, competition entries or bonus money.
Do you place live bets?
Betting in-play is becoming increasingly popular with Colorado sports betting fans. Live bets can add extra excitement to both your sports watching and gambling experiences, as well as leading to some excellent profits. If placing in-play bets is of importance to you then it makes sense to sign up for sports betting Colorado operators who have a large range of these markets.
Conclusion - Time to enjoy some sports betting in Colorado
As you can see from our guide, finding the best betting sites Colorado has to offer requires plenty of serious consideration. That is why we highly recommend that you carefully read all of our guides. Doing so will give you a rounded picture of the pros and cons of each Colorado sports betting site and help you to decide which ones to sign up for.
Never forget that the most important factor to consider when looking for the best Colorado sportsbooks. You also need to think about how and when you like to bet. After doing this, take a look around each operator’s website and/or app. You should then be able to make an informed decision on which are the best Colorado sportsbooks for you.
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Sports betting Colorado FAQ
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