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longer federally barred from offering sports wagering inside its borders thanks to a federal law known as PASPA being repealed in 2018.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. As of May 1st, 2020, Colorado sports betting is up and running. Even the Denver Broncos are getting on on the action. During June of 2020, the Broncos announced that they had signed a deal with BetFred in order to provide visitors to their stadium with the opportunity to bet on the game being played.
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. Federal laws and state laws target domestic unlicensed operators but have no effect on overseas-based bookmakers or users of their sites. For more clarity, you can read the 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
Colorado has legal, state-sanctioned sports betting, and it is up and running as of May 1st, 2020. This is obviously great news for wide swaths of the Colorado population but is additionally great news to the sports betting community. Of course, the international online sportsbooks that served Coloradans before the sports betting bill passed are still available, and, in some cases, are preferable.
There is one federal law that is still important to note: the Wire Act. This act applies to sports betting within the state, and generally does not affect the international betting sites. Under 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. Remember, this doesn’t apply to the international sportsbooks – they are outside the United States and not subject to this law, so people from all over can bet on them.
Are Online Sportsbooks Accepting Colorado Residents Regulated?
The short answer here is yes, the sportsbooks that accept Colorado residents are regulated. Whether those be the state-sanctioned online sportsbooks or the offshore sportsbooks, they are regulated. A lot of people assume that since Colorado specifically doesn’t regulate the online sportsbooks, that they are not allowed to use them. This could not be further from the truth. The online bookies are legal because they run under licenses issued by regulatory bodies based in their home countries. Generally, using them is a matter of how the state laws are written, and most state laws do not target the users of online sportsbooks. As far as trust and reliability goes, they belong to prestigious live bookie companies that 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.
MyBookie Sportsbook – Find Rockies, Nuggets, Broncos Odds And More
Colorado is home to many sports teams, from the Avs to the Rockies, and while only some large percent of them have mountain-based names – after the mountains that make Colorado famous – all of them can be bet on at MyBookie. MyBookie is one of the best sportsbooks on the internet, with an excellent array of bets and an excellent array of odds on those bets.
MyBookie has a brilliantly developed website that works on both desktop and mobile devices, and you can even use it on your phone! It has a focus on customer service and good lines, and there’s really not much more you can ask from an online sportsbook. You go to MyBookie, deposit your money, and start placing your bets. It really is that simple!
XBet Sportsbook – The Best Place To Bet On The Avalanche
XBet is one of the best sportsbooks around, and if you’re a Colorado resident, you should really give it a shot. If you want to place a bet on the Avalanche to win the Stanley Cup, there’s no better place than XBet. The biggest reason to use XBet is their stellar lines and quality and quantity of available wagers. XBet focuses on providing you, the customer, with as many possible bets and lines as you can shake a stick at. Basically, if you can think about it, you can bet on it at XBet.
The next most important thing XBet does is focus heavily on customer care and retention. For one thing, that means they have streamlined and secured the process of deposits and withdrawals so that your money is safe and sound, and easily accessible at all times. For another, they have established a hotline so that you can contact them at any time you need anything from them. If you’re betting in Colorado, check out XBet!
SportsBetting Sportsbook – Colorado’s Sportsbook Of Lifetime Promos
SportsBetting Sportsbook gives sports bettors in Colorado a lifetime of bonus free plays when they sign up and use their platform. This sportsbook is 100% legal for residents in the Centennial State, not to mention safe and secure, ensuring gamblers a top-notch experience. Although it is in fact a website, it can be accessed by any mobile device that has the internet. This makes it super convenient for players to make wagers at any time from anywhere with their cellphones. Wagers and odds covered by the site span the globe so there will be something for everyone to bet on, be it sports or politics or the next winner of Dancing with the Stars.
And even with all of that, there are promotions that are constantly changing. All except one. They will always give customers free plays with every deposit made to their account. The amount of money given may change from time to time but that bonus itself still remains. Currently, they have a Welcome Bonus for new members that will match 50% of a first deposit up to $1000 with the promo code SB1000. The loyal member bonus for each deposit thereafter will match 25% of every deposit made to an account up to $250 with the promo code FORLIFE. SportsBetting Sportsbook is definitely an operator that is popular with sports bettors in Colorado and for good reason.
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|
Useful Article: Sports Betting Laws in the U.S.A.
Teams That Colorado Residents Like To Bet On
Colorado is home to several famous 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. That said, the Denver Broncos are the kings of Colorado sports betting, and receive a lot of the action that happens at Colorado sportsbooks.
One of the great things about the online sportsbooks is that they do not restrict you to only betting on teams in Colorado, however. These internationally regulated betting sites have action on the major American sports as well as thousands of other daily lines. You can bet on events like tennis, rugby, cricket, water polo, and even darts. In addition, you can place bets on teams and events all over the world, from Belarusian soccer to Major League Baseball to the Champions League in Europe. At the online sportsbooks, there is no shortage of betting opportunities for the discerning Colorado sports bettor.
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 Sportsbooks To Trust?
The best online sportsbooks are not regulated by the state of Colorado, but are located outside of the United States. These sportsbooks are widely used, however, and are famous for being the sources of many lines. On our website, we review 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 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 sportsbooks also have odds set for events such as the Winter Olympics as well as other winter based sports like 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.