Colorado sports betting 2020
Sports betting is set to be legally rolled out across Colorado in 2020, after voters gave the green light to legislating sports betting at casinos and via mobile betting apps. While it is not yet announced whether the big names in online gambling will enter Colorado, it is safe to believe that there will be sports betting sites based out of this state by May, 2020. BettingPlanet.com will keep an eye on the developments in sports betting in Colorado, including the latest CO betting sites, betting bonuses and promotions and the types of bets on offer from tis US state.
Best CO online sportsbooks
MORE INFO: USA GAMBLING GUIDE
Colorado is yet to formally announce the structure of its sports betting industry, but it’s likely it will follow other US states lead and require betting operators to acquire a license before they can legally accept bets.
It’s also possible that sports betting sites will be required to partner with a land-based gambling venue, if they wish to offer an online betting site to those in Colorado. This would mirror the sports betting regulation in New Jersey, where sports betting has blossomed into a huge industry.
Some of the online sportsbooks we have seen launch in other US states, include Bet365, 888Sport, DraftKings and FanDuel, while others have opted to use their own name to market sports betting, but have tech deals in place for a third party to come in and power the sportsbook.
Sports Betting in Colorado
Sports betting is not legal in Colorado even though they are casinos on Native American Land. However, sports betting may not be far off since the Supreme Court struck down a federal law that prohibits sports gambling in 2018.
This will make it legal to wager on sports, but the states have to make that happen, as it will not happen on the federal level. The state of Colorado does not have anything currently in state legislation as of June 2018, but, again, that may change soon. There are still many options online for Colorado residents to bet on sports.
There are many legitimate online offshore sportsbooks that take wagers from people from the United States.
Are offshore sportsbooks legal for Colorado?
As stated before there are many options for residents of Colorado to make sports bets even though doing so is not legal right now. People, so far, have not been prosecuted for making wagers under the lax laws of the state of Colorado.
With the competition out there with all the online sportsbooks sometimes it can be hard to pick the right one to wager at. You have to make sure the online book is a reputable and legitimate one and that gives you all the betting options you want.
While it’s unlikely as a bettor you will get in trouble for betting on sports with an offshore sportsbook, it is smart to bet with licensed and regulated local betting sites if you can.
Betting on horse racing in Colorado
Colorado has one horse racing track to make wagers at in the Arapahoe Park Racetrack where the two biggest races are the Arapahoe Park Classic and the Gold Rush Futurity.
There are many great racebooks online that take wagers from residents from Colorado and have no lack of betting options.
The top racebooks online will have many races to bet on around the world from the biggest tracks and many times they can be streamed right through the website so you can watch the action live.
There are many types of bets to make in many stakes so going online you can find the race you want and the stakes you want, which makes making horse racing bets online solid for low stakes players and high rollers alike.
Overview of gambling in Colorado
Colorado has always been a state that has been pretty lax in terms of gambling laws and that is still the case today.
It is one of only five states in in the USA where the six types of betting are legal.
Charitable, parimutuel, commercial, tribal, racetrack and lotteries gaming is all available in the state while online gambling is not.
There are many options for residents of Colorado when it comes to gambling online, whether it be playing at casinos or racetracks to making sports bets or playing at poker rooms. While technically illegal to gamble online, the state does not prosecute people that choose to do so.
Online Poker in Colorado
While there is poker at the two major casinos of Sky Ute Casino and the Ute Mountain Hotel & Casino there are many more options to play the game online for residents of Colorado.
Besides poker tables and tournaments at the land-based casinos there are also many table games as well as bingo and keno. For the most option for playing poker there are many online poker rooms that always have games and tournaments going on in a wide variety of stakes.
Most of the leading poker rooms online today will take wagers from people in the United States. Online you can find it all from low stakes Holdem’ games to high stakes Omaha games and everything in-between.
Online Gambling Laws in Colorado
With the approval of the Parimutuel Act of 1948 horse and dog racing became legal in Colorado, but now horse racing is the only type in the state to bet on.
Sports betting is illegal in Colorado with the Colorado State Code 18-10-101 that prohibits any betting of money or property on the results of any game. The Colorado Gaming Association has had interest in making online poker legal in the state, but nothing is on the books yet.
Colorado betting Q and A
Colorado as a relatively new US state to sports betting and its residents have many questions surrounding online gambling and betting. This section will answer some of the most common questions we get asked about Colorado sports betting.
When will sports betting be legalized in Colorado? In November 2018 a vote was passed that paved the way for sports betting in Colorado. It’s estimated that the first bets will be taken in Colorado in May 2020.
Will I be able to bet with DraftKings? This US betting company is yet to formally announce its entry into the Colorado betting landscape, but it seems a matter of time, with DraftKings one of the biggest betting handles in the US.
Is the William Hill app free? William Hill has not yet entered the Colorado sports betting market, and have not announced that they will be. However if they do, the William Hill app is very quick to download and 100% free.