Legal sports betting has arrived in Colorado! Sports betting apps like DraftKings Sportsbook, FanDuel Sportsbook and BetRivers hit the market on May 1, 2020, allowing Colorado residents to bet on their favorite teams and sports legally for the first time. FOX Bet followed with its own launch on May 18. As of May 1, 2020, Colorado sports betting apps are now legal as long as bets are placed with licensed sports betting operators and within the Colorado border. You can sign-up and bet anywhere using your mobile phone, website, or bet in-person at Colorado retail sportsbooks but you must be over the age of 21. DraftKings Sportsbook Colorado was another operator that was quick to the punch on May 1, 2020 through a license with Golden Gulch Casino. Everybody knows DraftKings for its DFS contests, but this “Dark Mode” interface for sports betting is the second-most popular betting app in the United States. DOWNLOAD BETWILDWOOD ANDROID APP HERE. Google doesn’t allow sports betting apps in their Play Store, and playing on mobile web is not allowed in CO.

  1. Colorado Approves Sports Betting
  2. Mgm Sports Betting App Colorado

Colorado sports betting is a growing industry with both retail sportsbooks and online sports betting alive and well.

Colorado’s sportsbooks have grown from making a few hundred thousand dollars to raking in hundreds of millions in wagers. The future is bright for Colorado sportsbooks. Here’s everything bettors need to know about it.

Summary of the Best Colorado Sports Betting Apps

  • William Hill Sportsbook: Best for New Bettors
  • BetRivers Sportsbook: Best for Deposit Bonus
  • FanDuel Colorado: Best for iOS & Android App
  • BetMGM: Best for MGM Players
  • PointsBet: Best for Risky Bettors
  • DraftKings Sportsbook: Best for DFS Players

Recent Colorado Sports Betting Updates

Colorado’s online sports betting industry isn’t a slow burn growing over time. Industry developments make headlines and generate what can be valuable hype. Here are some of them.

Colorado Approves Sports Betting

  • Colorado Saw $17M In Revenue In December 2020: Colorado saw total Gross Gaming Revenue of $17.2 million during December, with over $16 million of that revenue from online betting. Almost $90 million wagered on football in the lead up to Super Bowl LV. Overall, Colorado sports betting revenue in 2020 topped $1 billion.
  • Colorado Sportsbooks Rebounded After September 2020- September was the first month that online sportsbooks lost money, and they lost a lot: $3.8 million. But once the NFL season started and bettors spent all their free credits, Colorado sportsbooks saw between $8-9 million in net revenue in October and November.
  • Wynn Resorts Launched A Colorado Sportsbook App- Wynn Resorts launched its WynnBet App in Colorado, the second state for the company to launch in. It’s yet another player in an industry that continues to grow.
  • Sky Ute Sportsbook Is Launching An E-Sports-Only Sportsbook- Sky Ute Sportsbook secured partnerships with GameCo LLC and U.S. Bookmaking to create an e-sports-exclusive sportsbook. It’d be the first e-sports sportsbook in the United States, making Colorado’s only tribal sportsbook one of its most ambitious innovators.
  • CU Boulder Signed A Deal With PointsBet- In September 2020, PointsBet signed a partnership with the University of Colorado at Boulder. It’s the first partnership of its kind in the United States–another first from Colorado’s sports betting industry.
  • The Colorado Rockies Signed A Deal With DraftKings- DraftKings partnered with another Colorado professional sports franchise toward the end of 2020. It’s another step in preparing for a strong 2021.

Colorado’s 6 Best Sports Betting Apps & Sites

While Colorado has many sportsbooks, it has a clear top five that’s influential in Colorado and beyond. Here’s what bettors need to know about Colorado’s top five sportsbook brands.

Best for New Bettors

at William Hill Colorado

Available On: iOS, Android, Web Browser

States Accepted: CO, IN, IA, MI, NJ, NV, WV, VA, IL

Best for New Bettors

William Hill Sportsbook Colorado

4.2

William hill Review

Risk-Free

On First Bet

Retail Partner

in Black Hawk

Licensed by

Colorado Department of Revenue

William Hill sportsbook has the largest retail presence in the United States. They offer an easy-to-use app and sportsbook.

Key Features: Multiple retail locations, Market depth

Best for Deposit Bonus

at BetRivers Colorado

Available On: iOS, Android, Web Browser

Best for Deposit Bonus

BetRivers Colorado

4.2

BetRivers Review

Deposit Bonus

100% up to $250

Retail Partner

in Cripple Creek

Licensed by

Colorado Department of Revenue

BetRivers’ odds are often identical to DraftKings. But its reward system is good for bettors who can maintain a large bankroll. Its rewards offer basics like special offers all the way to expedited withdrawals and VIP gifts. BetRivers offers boosts on bowl games and the NFL. Bettors will likely continue to find small boosts on the most popular sports and leagues. Between these ongoing bonuses and its reward system, high-dollar bettors have a lot to get out of BetRivers.

Key Features: Tiered Rewards Program, Responsible Gaming Resources, Convenient Deposit and Withdrawal Options, Sport Selection Slide Bar, Similar Odds as DraftKings

Best Deposit Option: Online Banking

Additional Deposit Options: Credit/Debit Card, BetRivers Play+ Card, PayPal, Cash Deposit

Best for iOS & Android App

at FanDuel Colorado

Available On: iOS, Android, Web Browser

States Accepted: CO, IL, NJ, PA, IN, IA, WV, TN, MI, VA

Best for iOS & Android App

Tennessee sports betting app

FanDuel Sportsbook Colorado

4.3

FanDuel Review

Risk-Free

On First Bet

Retail Partner

in Black Hawk

Licensed by

Colorado Department of Revenue

Between its fantasy sports and sportsbook, FanDuel has a lot to offer its bettors. It often has competitive odds on the underdog, but mostly sticks to mainstream sports. Bettors who enjoy riskier wagers in mainstream sports will find a home in FanDuel Sportsbook.

FanDuel also runs parlay promotions periodically. They’re mostly small parlay promotions on certain sports. Bettors may find college basketball parlay insurance where FanDuel gives bettors the chance to get some money back on a parlay bet. Bettors should keep an eye out for these small but risky parlay bonuses.

Key Features: Popular Betting Lines, Competitive Underdog Odds, Clear Navigation, Readily Available Boosts, Variety of Promotions, Fantasy Sport Integration, A-Z Sport List

Best Deposit Option: Bank Transfer

Additional Deposit Options: Debit/Credit Card, PayPal, Prepaid Card

Partnerships: Denver Broncos, NHL, Bud Light

Best for MGM Players

at BetMGM Colorado

Available On: iOS, Android, Web Browser

States Accepted: CO, IN, IA, MI, NJ, NV, PA, TN, WV, VA

Best for MGM Players

BetMGM Sportsbook Colorado

4.0

BetMGM Review

Risk-Free

On First Bet

Retail Partner

in Cripple Creek

Licensed by

Colorado Department of Revenue

BetMGM is the MGM Grand’s sportsbook. After its soft launch in Colorado, it integrated its M-Life Rewards with its sportsbook. From that point on, bettors who wagered with BetMGM contributed to their M-Life Reward accounts. BetMGM is a critical site for bettors who frequent the MGM Grand and want to contribute to their rewards accounts.

BetMGM also has an ongoing promotion through 2021 that rewards active bettors $10 free bets every week. If bettors wager $50 the week before, then they can get a free $10 bet the following Monday. BetMGM also has a parlay boost for 2021 that’ll appeal to riskier bettors.

Key Features: Convenient Betslip, Immediate Live Betting Available, Quick Parlay Options, MGM M-Life Rewards Integration

Best Deposit Option: Online Banking Transfer

Additional Deposit Options: E-check, Mastercard, Visa, PayPal, Cash Deposit

Partnerships: Denver Broncos, MLB, DAZN

Best for Risky Bettors

at PointsBet Colorado

Available On: iOS, Android, Web Browser

Best for Risky Bettors

PointsBet Colorado

4.3

PointsBet Review

Risk-Free

On First Two Bets

Retail Partner

Colorado
in Cripple Creek
App

Licensed by

Colorado Department of Revenue

PointsBet allows bettors to make traditional straight bets. However, bettors can also try PointsBetting. It allows bettors to change the point spread or total points they think will occur during a game. If bettors are right, then they’re rewarded exponentially for their efforts. It’s a feature that bettors with sophisticated statistical analysis skills will likely benefit the most from.

PointsBet also runs parlay boosts and early cashout deals for the NBA. The parlay boost is great for aggressive bettors. In contrast, the early cashout deal is good for bettors who get antsy when their bets begin going south. Look for these small ongoing promotions if you’re interested in alleviating some of the risk on your riskiest wagers.

Colorado

Key Features: Two Different Types of Betting, Proprietary PointsBetting Feature,>May 14, 2018: The US Supreme Court rules PASPA unconstitutional. States are free to regulate sports betting.

Mgm Sports Betting App Colorado

  • May 20, 2019: The Colorado Legislaturereleases Proposition DD, Colorado’s sports betting legalization bill. It will appear on 2019’s ballot.
  • November 7, 2019: The Colorado Department of Revenue announcesProposition DD’s legalization. The Colorado Division of Gaming becomes the sports betting industry’s regulatory body.
  • May 1, 2020: Colorado sports betting goes live withfour sportsbooks: DraftKings, FanDuel, BetMGM, and BetRivers.
  • September 8, 2020: The University of Colorado at Boulder secures apartnership with PointsBet. It’s thefirst time a Division I athletics program has partnered with a sportsbook.
  • September 24, 2020: The Colorado Rockies secure a partnership with DraftKings. It’s the first sportsbook partnership the Rockies have ever made.
  • Colorado Teams

    Denver is home to several popular sports franchises. However, Colorado’s university teams have strong followings, too. Here’s everything bettors need to know about betting on Colorado’s slew of sports teams.

    Colorado Professional Sports Teams

    Most of Colorado’s professional sports teams are based in Denver. And the three leagues that drew the most betting handle are each based in Denver.

    Denver Broncos

    The most visible Colorado team is probably the Denver Broncos. In 2016, the Broncos won theirthird Super Bowl championship. It was also the year that Broncos star quarterback,Payton Manning, decided to retire.

    The Broncos have been having a hard time since Payton Manning’s retirement. 2017 wasone of the worst seasons in Broncos history, and 2018 wassimilarly difficult. They had a7-9 record in 2019, and as of this writing, the Broncos are last in their division.

    But professional football made up38.3% of Colorado’s total betting handle in November 2020. It’s the most popular sport for Coloradans to bet on.

    Denver Nuggets

    The Nuggets are Colorado’s professional basketball team, and they’ve been having a rough season, too. At the time of this writing, they’re 2-4. (Although, they’ve won their10th straight game against the Timberwolves.) Losing key players tofree agency and offseason departures is never easy. But the Nuggets are placing hope in their rookies to grow into the void left behind by their experienced teammates.

    4.2% of Colorado wagers in November 2020 were on professional basketball. It’s a step down from professional football’s dominance, but basketball remains one of the ten most popular sports to bet on in Colorado.

    Colorado Rockies

    The Colorado Rockies fill the baseball void in Denver, and anyone who’s been to Coors Field knows how popular they are. Baseball didn’t crack the top ten most popular sports to bet on in November. But it made up22.7% of all wagers in September 2020. Bettors will likely have that same enthusiasm for baseball when spring training starts in 2021.

    Colorado College Sports Teams

    There are two major college teams in Colorado, and they make one fierce rivalry. The University of Colorado at Boulder has a long rivalry with Colorado State University in Fort Collins. (Anyone who was lucky enough to see the annual Rocky Mountain Showdown knows that.)

    Best sports betting app colorado reddit

    Both schools have popular football teams. NCAA football betting wasalmost 10% of all November 2020 betting. College football is always popular, but it could’ve been helped in 2020 by the Buffs’ solid season.

    The Buffs go through cycles of stellar performance and subpar play. But with a 4-2 overall record in the PAC-12, the 2020-2021 season seems to be off to a good start. In contrast, the Rams are stuck at a 1-3 overall standing in the Mountain West.

    Coloradans can wager on college teams. However, they cannot placeprop bets on college games. Colorado’s sports betting bill attempted to protect college game integrity by disallowing wagers that could be affected by an athlete’s choices. It’d be easy for a financially vulnerable student to miss a field goal or two on purpose, then cash in on himself. Rather than solely relying on the schools, the Colorado Legislature shut that door to that behavior. Well, shut it as tight as it could, anyway.

    Other Sports To Bet On In Colorado

    Even though it’s not a Colorado sport, table tennis has remained a popular sport through 2020 and early 2021. Table tennis wagers made up5.4% of Colorado’s betting handle in November 2020. That’s more than professional and college basketball. Table tennis gathered a following when it was one of a handful of sports available during the lockdowns. That following seems to be quite loyal.

    Colorado also has a professional lacrosse team, but bettors may not follow the Colorado Mammoths in great detail.

    Or at all.

    But Coloradans can find even more obscure sports to bet on. DraftKings has a particularly wide range of sports and leagues to choose from. From Turkish Basketball to Herre Handbold Ligaen in Denmark, bettors can find sports and leagues wholly contained in Colorado’s ‘other’ category.

    No matter a bettor’s taste, there’s something in Colorado’s market that’ll match their eclectic tastes.

    Colorado Sports Betting FAQs

    Yes. Prop DD legalized online sports betting immediately. That maximized the number of bettors who could try sports betting immediately. It also gave sportsbooks the best chance of succeeding during the pandemic–a lucky break that other states weren’t so fortunate to have. (Sorry Michigan and Iowa.)

    How Old Do I Have To Be To Bet Online In Colorado?

    21. Bettors only have to be 18 to participate in daily fantasy sports. However, the sports betting age is higher. Sports betting is viewed as more of a gamble than daily fantasy sports. Besides, the image of high school seniors betting on the Broncos in Calculus probably made legislators’ stomachs turn.

    The Colorado Department of Revenue’s Division of Gaming. They’re the ones who wrote the rules governing Colorado’s sports betting industry. That includes the pre-launch security audits, required cash reserves, and sportsbook executives’ background checks. They can also haul misbehaving sportsbook operators before a committee to issue fines or license suspensions. The Division of Gaming has teeth, and it’s not afraid to use them.

    Do I Need To Be A Resident Of Colorado To Bet Online?

    No. Bettors can come from out of town to place their bets. However, they must be within Colorado’s borders to make their bets go through. Each sportsbook has a geofence around the states it’s allowed to operate in. It keeps Coloradans and their visitors in and everyone from Kansas and New Mexico out.

    Yes. Mobile betting has been a staple of Colorado’s sports betting industry. Mobile sports betting has been a massive part of Colorado’s sports betting industry and probably will be in the future. It’s hard to beat that convenience.

    Yes. Online sportsbooks and their apps often boast about their end-to-end encryption. It makes sure that hackers can’t see what bettors are typing into their sportsbooks. That security also makes sure all hackers can get from intercepting bettor data is gibberish.

    More Resources On Colorado Sports Betting

    If you’re curious about the details of Colorado’s sports betting industry, here are some additional resources:

    • Supreme Court opinion on PASPA repeal: Why the US Supreme Court ruled in favor of New Jersey and allowed each state to regulate sports betting.
    • Colorado Division of Gaming Sports Betting Rules: These are the rules that Colorado sportsbooks must abide by to earn and keep their sports betting licenses.
    • House Bill 19-1327: Better known as Proposition DD, this is the House Bill that Coloradans voted to legalize in the 2019 election.