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What you can expect of Colorado sports betting

6 April 2020

A gambling-friendly framework awaits both CO sports bettors and operators

Colorado sports betting promises to be the most attractive market launch since New Jersey. But what can bettors expect when legal sports betting in Colorado gets underway? A lot of fun by the looks of things.

Here’s the lowdown on what you can expect of the upcoming launch:

Will I be able to bet on sports from my mobile?

Yes. You’ll be able to bet on your mobile device via CO sports betting apps.

Will I have to visit a physical casino/sportsbook to create an account?

No. In-person registration is not a requirement for bettors.

So I will be able to wager freely anywhere in Colorado?

Yes. The legislative model is very similar to New Jersey. The framework is gambling-friendly for both players and operators.

What sportsbooks will there be in Colorado?

Confirmed legal online sports betting options in Colorado include FanDuel, DraftKings, PointsBet, Fox Bet, William Hill. Expect more operators to join this list of CO sportsbooks.

Does Colorado gambling law include online casinos?

No. For the time being, online casinos are prohibited. The state is home to over 40 land-based casinos if you wish to visit a casino in-person.

What about online poker? Is that allowed?

Sadly not. Online poker sites are in the same bracket as online casinos. Right now, there are no plans for a gambling expansion.

Who will regulate Colorado sports betting?

The Colorado Limited Gaming Control Commission (CLGCC) is the regulatory body responsible for implementing the rules and regulations and overseeing CO sports betting.

What’s the legal gambling age in Colorado?

Players must be at least 21 to gamble legally in Colorado.

When did Colorado sports betting become legal?

Legal sports betting in Colorado was approved in November 2019 following a vote by state residents.

How will the state benefit from CO legal sports betting?

Licensed operators will be taxed 10% on the net proceeds of on sports betting activity. This will help fund the state water plan intended to protect Colorado from water shortages.

CO SPORTS BETTING IN SHORT

  • Statewide access to mobile sports betting
  • Register for a betting account at home/anywhere in CO
  • Wager anywhere in Colorado state lines
  • FanDuel, DraftKings, PointsBet among legal CO sportsbooks
  • Online casinos, online poker in Colorado prohibited
  • CO sports betting regulated by CLGCC
  • Players must be at least 21 to gamble legally
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