Colorado Sportsbooks + Sports Betting Sites
When looking for Colorado sportsbooks and sports betting sites, you may come across more options than anticipated. The state legislators approved measures to bring legal sports betting to Colorado in early June 2019; however, there are still some procedural events that must happen before you can play the odds at a local sportsbook. However, it remains 100% legal in CO to place wagers with offshore, online sports betting sites in the meantime.
Colorado residents (and any tourist looking to head that way) can read more about the sports betting laws in Colorado here on this page. We will cover how to bet safely and legally until the law changes are finalized as well as reviewing the best online bookmakers that service Colorado residents. Aside from the laws and locations, a few betting strategies, as well as an overview of some federal sports betting laws, are strewn throughout the guide.
Is it Legal to Bet on Sports in Colorado?
Colorado is no longer federally barred from offering sports wagering inside its borders thanks to a federal law known as PASPA being repealed in 2018. After that, Colorado legislators were able to agree on the fact they wanted sports betting in their state and enacted laws in June 2019. While the taxation system was formalized, the voters still needed to approve the measure and be the final vote. This all comes from a state law that explains how the voters must approve any changes to the state’s tax system or budget
Simultaneously, a number of online bookmakers, operating from remote offshore locations, accept Colorado bettors. It is not illegal for Colorado bettors to place bets online at these locations because there are no laws criminalizing the act. As long as the gambling site is located outside of the country and has a regulatory body overseeing their business, you have found a safe a legal sports betting outlet. For more information on Colorado’s gambling laws, you can check out the requisite section of the Colorado Revised Statutes (§ 18-10-101 et seq..
Will Colorado Residents Get into Trouble for Placing Bets Online?
Colorado residents will not get into trouble for betting on sports at offshore online bookies because no state or federal law has restrictions in place. You have the possibility to come across a federal law known as UIGEA, which may make depositing into your account tougher than it should be. This law states that no bank shall process a transaction in cahoots with a sports betting site. Using a deposit method other than your credit card or calling up the cashier of the site will remedy this problem (if you ever come across it). Keep in mind this law targets the business, not the gambler, so have no fear when trying to fund your account.
As long as the site is located offshore, you are fine to wager. Any in-state betting that is not licensed by the state is a form of illegal gambling. Both you and the bookie can get into trouble for these actions, so be sure to play it safe with an offshore account.
Useful Article: Is Online Sports Betting Legal In The U.S.
Colorado Sports Betting Laws
The regulations for sports betting in Colorado have yet to be set, as the state voters must first approve the proposal. Assuming things all go as planned, Colorado could have early as March Madness 2020, though don’t hold your breath. Many states have delayed their launches in order to perfect the standards across the state.
Another federal law that is important to note is the Wire Act. This one dictates sports betting within the state, and is completely unaffected by offshore betting sites. With the Wire Act, the sportsbook will be prevented from accepting your action if you are not physically present in the casino or within state lines (should you be on the mobile betting platform). It is this reason why a CO resident cannot call up a NV sportsbook to place a bet. When Colorado sportsbooks go live, they will have this same stipulation, ensuring all of the action is taking place within the state.
Are Online Sportsbooks Accepting Colorado Residents Regulated?
None of the several Colorado-friendly offshore online sportsbooks are regulated by Colorado since they are in fact, offshore. Bettors will be wrong though if they think that these venues are illegal just because they aren’t regulated by their state. Offshore online bookies are legal because they run under licenses issued by regulatory bodies based in their home countries. Accordingly, they are required to function as per industry standards. Moreover, they belong to prestigious live bookie companies, which have been around for years and will not risk all their built-up customer goodwill with any scams or unethical behavior.
Best Online Sportsbooks That Accept Colorado Residents
Bovada Sportsbook – Colorado’s Favorite Sports Betting Destination
Bovada Sportsbook, which runs under a license issued by the Kahnawake Gaming Commission in Canada, is full of attractive features such as in-play betting, live betting, mobile betting, and others. Bovada Sportsbook is ideal for new bettors because it provides plenty of information essential for bettors to place well-informed winning bets. This online bookie is home to invaluable betting information such as match statistics, odds analyses, and more.
Bovada Online Sportsbook is the best place to bet on NFL, NBA, NHL, MLB, NCAA, and NASCAR action, as well as action from several other top US and international sporting leagues. The online bookie presents the best odds on a wide range of sports such as football, soccer, baseball, basketball, ice hockey, tennis, golf, and more. Bovada Sportsbook offers exciting types of bets such as props, futures, lines, spreads, parlays, teasers, and if bets, to mention just a few, and the book posts thousands of unique wagers to its betting boards each and every day.
Colorado residents who sign up with Bovada now can claim a welcome bonus worth up to $250, all with the industry’s lowest rollover requirements (5X). Bettors can also claim a refer-a-friend bonus of up to $100, and there are even perks for using Bitcoin or Bitcoin Cash to load up your account.
BetOnline Sportsbook – Free For Colorado Players To Join
BetOnline Sportsbook, a top favorite online bookie of Canadian and American bettors, is growing at a rapid pace thanks to excellent features such as in-play betting and irresistible betting lines. The online bookie accepts deposits through a large number of safe, hassle-free, and convenient banking methods. In addition, it processes payouts quickly and works overtime to avoid saddling its bettors with any inconveniences.
One of the highlights of BetOnline Sportsbook is its rewards for loyalty and new player bonuses. The promotions page is literally loaded with bonuses, offers, season’s specials, cash-backs, rebates, and much more. New Colorado BetOnline members can take advantage of the site’s 50% welcome bonus, which matches your first deposit for up to $1000 in free-plays!
Launched in 1991, BetOnline is a well-regulated and licensed online sportsbook, which enjoys an excellent reputation. US bettors can use payment options such as Visa, MasterCard, prepaid cards, money orders, and alternative payment methods like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, DASH, and more in order to fund their accounts.
5Dimes Sportsbook –All Bettors In Colorado Allowed Here
A brand belonging to an experienced and highly reputed bookmaking company based in Costa Rica, 5Dimes Sportsbook is the ideal online sports betting venue for US bettors. The online sportsbook offers the best betting odds on almost all sports under the sun, such as football, soccer, baseball, basketball, ice hockey, auto racing, MMA, boxing, golf, tennis, and others. US bettors can place bets on professional league sports such as NFL and NBA contests and also on collegiate sporting events.
5Dimes Sportsbook is one of the most user-friendly online bookies in the industry. The online bookie has an excellent customer support system, and well-trained customer care agents are willing to assist bettors 24 hours per day. Even better, 5Dimes Sportsbook has an excellent promotions page which includes bonuses, rebates, rewards for loyalty, the exclusive Reduced Juice program, and season’s specials, to name just a few. Bettors can open a phone account or an online account at 5Dimes, though online accounts are more convenient and carry lower deposit and wager minimums.
New Colorado customers of 5Dimes Sportsbook are eligible to receive a welcome bonus worth up to $520 in free-play bonuses, which should help them get off on the right track with their sports wagering memberships.
Bookmaker Sportsbook Review – Old School Cool For Mile High Residents
BookMaker Sportsbook is one of the most frequented online sports gambling sites on the web, and it’s been around for decades (which is a testament to their customer service and longevity in the space). Colorado players looking for a place to bet sports should look no further than BookMaker’s first-class sportsbook. Players of all skill levels can enjoy BookMaker, as the service caters to the high rollers and big spenders as well as the little fish and newcomers. Just about any sport you are a fan of is provided on this site, and they provide for a huge selection of betting lines and wager types.
Operated out of Costa Rica, Bookmaker is a legally licensed and regulated sportsbook that accepts players from all over. It’s free to join, and as soon as you deposit some money into your account, you can begin your sports betting experience. Sign up and reap the many benefits associated with this site, from their loyalty program, bonus opportunities, mobile betting features, and more. You are sure to enjoy your betting experience at Bookmaker Sportsbook, where new CO members can get the industry’s only 15% cash bonus just for signing up and making their first deposit.
BetDSI Sportsbook Review – Newly Designed For All CO Residents
Those of you that are still trying to find your home for all things sports gambling would do well to consider BetDSI Sportsbook. BetDSI is as generous and advantageous as any other site, and as soon as you sign up for this service, you will see what we mean. Sleek page layout, easily maneuverable odds and lines, and customer-friendly services are just the beginning. BetDSI’s betting lines cover professional sports from around the world, as well as major US collegiate athletics as well. Decide on what you want to wager on and begin your betting experience now!
BetDSI Sportsbook accepts players from all over the world (except France and Costa Rica), and the site is as helpful as they come. Their customer service is available for contact 24/7 and is quick to answer any questions or solve any issues that you may have. Create your account ASAP so you don’t miss out on any more opportunities to win big at BetDSI. New members from Colorado who sign up with BetDSI now can take advantage of their limited-time 100% sportsbook welcome bonus, which gives first-time bettors a bonus of up to $500 to pad out their initial bankrolls.
Best Colorado Online Sportsbooks
|Colorado Sports Betting Sites||New U.S. Player Bonus||Go To U.S. Betting Site|
|Review||50% Up To $250|
|Review||50% Up To $1,000 NEW!|
|Review||50% Up To $1,000 NEW!|
|Review||50% New Member Bonus!|
|Review||100% Up To $500 NEW!|
|Review||50% Up To $520|
|Review||100% Up To $300|
Useful Article: Sports Betting Laws in the U.S.A.
Teams That Colorado Residents Like To Bet On
Colorado has four professional sports teams: the Denver Broncos, the Denver Nuggets, the Colorado Avalanche, the Colorado Rockies, and the Colorado Rapids. One of the top college football teams in Colorado is the Buffaloes of the University of Colorado. Additionally, tourists flock to Colorado for the amazing skiing opportunities it provides, and whenever the Winter Olympics roll around, CO residents are keen to wager on all the alpine and slopes-based sports on tap.
Keep in mind that you are not required to only bet on teams that are in Colorado. These offshore betting sites listed above have action on the major American sports as well as thousands of other daily lines of events like tennis, rugby, cricket, water polo, and even darts. There is no shortage for who or what you can bet on.
Colorado Sports Betting FAQs
Are there any laws that prevent sports gambling in Colorado?
The only law that once prevented sports gambling in Colorado was known as PASPA. This measure was the country-wide ban on sportsbooks, with the exception of a few states, namely Nevada. Once this law was repealed by the Supreme Court, Colorado had the ability to formulate their own plan of attack for legalizing sports betting. As of now, there are no laws preventing you from playing the odds regardless if it is within the state or outside of the country.
What does PASPA stand for?
PASPA stands for the Professional and Amateur Sports Protection Act and it was passed back in 1992. It will take several years for CO’s gambling industry to recover from the damage done by PASPA over the 25 years of its ignominious existence. However, with the taxation system in place and the likelihood that voters approve the measure on the ballot, PASPA will be even more so a thing of the past.
What sports can I wager on?
The sports you can wager on at online sportsbooks is dependent on the site you choose, but most of the top options offer lines on just about any sport you are a fan of. American professional sports like the NFL, NBA, NHL, MLB, MLS, and UFC – as well as international pro sports like professional soccer, rugby, and cricket – are all on tap. You can also find plenty of opportunities to bet on college sports and other more obscure pastimes at all the top offshore Colorado sportsbooks.
What Is The Legal Age To Bet On Sports In Colorado?
Though the regulations are being set for Colorado sports betting, it is likely they will post the minimum gambling age in CO to 21 years old. Some sports betting sites will accept players as young as 18; however, we advise sticking to the state’s minimum age for participation. You don’t want to win big only to have the state or sportsbooks take your money because you acquired it underage.
How Do I Know Which Online Offshore Sportsbooks To Trust?
Since the state of Colorado does not regulate any offshore sportsbooks, it can be difficult to tell which ones are actually safe to use and which ones aren’t. That is why we only provide reviews sportsbooks that have been tested and trusted by users for over a decade. When trying to find online betting sites to use it is best to stick with these sites above in order to make sure all your payments are secure.
Do Online Offshore Sportsbooks Offer Odds For The Winter X Games?
As a matter of a fact, they do. Aspen, CO, is home to one of the most exciting winter sporting events in the world and it is an event that you can win big on as well. Online offshore sportsbooks also have odds set for events such as the winter Olympics or for a more yearly ice sport such as Hockey.
Will I Get Arrested For Placing Sports Bets Online In Colorado?
The only way you can get in trouble for betting in Colorado is if you use a local bookie. Attempting to wager onto another state’s sportsbook from Colorado or having your card declined with an offshore sportsbook will only be setbacks; however, the laws preventing these actions are designed to target the businesses. Make sure you are using a licensed operator, whether in-state or out-of-country, and you will be more than fine when you make money gambling in Colorado.
Will Colorado betting Sites Accept Payments From My Credit Card?
Yes, but you may be charged an additional fee by your bank for doing so. The international transaction fee is different depending on your card so you will want to ask your bank in Colorado what that is before depositing in your account. If your deposit is declined for some reason there is no need to worry, simply contact the sportsbook cashier and explain your dilemma so that they can help you out.