CO Sports Betting in 2024 – Recommended Online Betting Sites in Colorado
Colorado sports betting is now available, and residents in the state can access some of the greatest online sportsbooks in the industry. With some super odds and the ability to wager on online professional and college events, mobile betting is quickly becoming a leading pastime for those in Colorado.
Learn more about placing wagers in this state and find out what you need to know about the legality of sports betting in CO. Since 2020, online sportsbooks have been offering real money wagering so that you can win big. Moreover, you will also benefit from some super bonus deals that can enhance your gambling experience!
Show moreTOP Colorado Online Sports Betting Sites in December
CO Online Sports Betting – Then and Now
Colorado was the 19th state in the US to legalize sports betting, and residents can wager at retail locations and with online casinos and mobile platforms. This legalization has led to the generation of significant tax revenue for the state. With great betting options, Colorado is viewed as one of the key states regarding sports betting laws and options. Unlike in some states, Colorado sportsbooks do not require in-person registration, making it easy for people of the legal gambling age to create an account and begin wagering!
How to Get Started with a Mobile CO Sports Betting App
Many of the operating sites in Colorado will offer a betting app so that you can enjoy placing wagers using a mobile device. These apps provide a safe and secure way to enjoy everything the sportsbook offers, and you will never miss out on a chance to place a wager or benefit from the best odds. Betting on a mobile device is easy, and with just a few simple steps, you can access the app at your favorite sportsbook and begin using your smartphone or tablet for real money wagering.
Step 1. Access Your Preferred Sportsbook
You will find the sportsbook to offer a link for an Android or iOS app if one is supported. If not, you can access the mobile platform using your web browser and enjoy an instant connection using any device.
Step 2. Install on iOS Device
If you are using an iOS device, click on the link for iOS or find the app in the App Store. You will download the app directly to the device, and once completed, it can be launched right from the home screen, and you can sign up or access an existing account.
Step 3. Android Apps
Android apps will be found directly on the sportsbook website and are not supported on Google Play. You will have to download the app. To do so, alter settings to allow unknown sources. Once the app is installed, click on the icon and access your selected sportsbook.
Step 4. Launch and Wager
No matter your device, you can instantly launch the app from the home screen. You can create a new account and redeem a welcome bonus or access your existing account. The app will support all betting services.
CO Sports Betting Bonuses and Promotions
When you want to enjoy the best online sports betting in Colorado, you will find sites with great bonuses and promotions. Each site will have something different to offer, and you can earn free bets and money to use on your selected bets. Most leading sites will present a risk-free bet offer as a welcome deal. With this, you will register and make a deposit. You will then place your first bet, and if this loses, the site will refund that bet up to a certain amount!
As a returning member, you will find ongoing offers which are usually sport-specific. You can find odds boost on games, insurance offers, risk-free bets, and other great deals, so check the promotions page with every visit.
Colorado sports betting tax rates
When you choose to wager online in Colorado, taxes will be due based on the amount you’ve won. The operator will not withhold these. It is the responsibility of each member to claim any winnings on their personal tax returns each year. A 300x the bet threshold in Colorado will trigger a W2-G to be issued, and the casino will send it to the IRS. This will also happen if you generate $600 or more payouts in a single year.
Benefits of Playing at Regulated CO Sportsbooks
With Colorado online sports betting, you will find many benefits to wager from the comforts of home or a mobile device. Before you sign up at any site, take some time to read about the positive and negative attributes of gambling online. When you choose a regulated sportsbook in Colorado, you will be protected by gambling laws. Licensed sites are required to meet strict industry standards that ensure your protection and safeguard your information. You will also find that these sites use a Privacy Policy to prevent any details from being sold or traded. If you want the safest experience, online sports betting CO is a great option.
Pros & Cons: CO Sports Betting
Before placing any wagers at a Colorado online sportsbook, you need to know the benefits and drawbacks of doing so. Gambling online is a great way to generate payouts, but some risks are involved. Here, we provide a list of the pros and cons of choosing Colorado sportsbooks so you can make an informed decision.
Pros
- Large number of operating betting sites
- Great odds for popular sports
- Bet on college events
- No limits in place on bet sizes
Cons
- College prop bets are restricted
- Geolocation software will be required
- Earnings are taxable
- Some sites have limited banking options
Types of Sports You Can Bet on in Colorado
When you sign up at any of the listed CO sports betting sites, you will have the ability to wager on all of your favorite sports. There are no sports that are off-limits. This means you can bet on US sports like baseball, basketball, and hockey and international sports like Rugby. In the state of Colorado, the only restricted bet type is a prop bet on college sports. When you engage in Colorado sports betting online, you will be able to wager popular sports, including:
National Professional leagues
Professional sports attract a lot of attention in the US, and when you access a betting site in Colorado, you can wager on almost any US professional sport. This includes betting on hometown favorites like the Denver Broncos, Denver Nuggets, Colorado Rockies, Colorado Avalanche, and Colorado Rapids.
International Professional Leaque
Betting on international sports will open the opportunities to wager and win and you will find that leading sites support wagers on many sports in Europe and other countries. You will find international soccer leagues and rugby are the most popular international sports supported and there are many options, including The English Premier League and UEFA Champions League.
The Olympic Games
The Olympics attracts many bettors and with Colorado online sports betting, you will be able to place wagers on all Olympic events. These can offer some great odds, and many of the events are also covered with live betting options.
College sports
Colorado residents will want to support local colleges, and with online betting, this is possible. There are many top college teams to wager on, including the University of Colorado Buffaloes, a college football team. The Air Force Academy Falcons and Colorado State Rams are two other popular college teams for betting.
eSports
eSports betting is very popular in Colorado, and the most common events include the League of Legends Championship Series and eNASCAR iRacing Pro Invitational Series. Wagering on eSports can be very exciting, and many events are live, so you can wager as you watch the events take place.
Racing
Motorsports betting is on the list of top 10 betting options in Colorado. NASCAR and Formula 1 races attract many bettors, and you will also have the ability to bet on other races like motorcycle races and even dirt bike competitions.
If you are interested in CO online sports betting, you can learn more about the types of sports you will find at licensed and regulated sites. Each sport will have different kinds of bets that you can place, and they can all generate some fantastic payouts. In Colorado, you will find many great sports teams in the state, and you can wager on any of these! Learn more about your betting options right here and see why many are choosing to engage in real money wagering at leading sportsbooks. Be sure to look out for bonuses that can offer free bets or free cash!
How Colorado bettors can deposit and cash out
As a real money bettor, you need to know how you can make a deposit and manage your sportsbook funds. The leading sites will support trusted payment methods that will allow for instant deposits and fast withdrawals to be processed. All sites operating in Colorado will use encryption software to ensure the safety of all transactions.
Online Betting Laws and Regulations in Colorado
Colorado online sports betting is now a legal activity and can be enjoyed by those in Colorado. To place any real money wagers, members of each site must use geolocation software to prove they are located within the state’s borders. If you are outside of Colorado, you cannot wager at sites operating in CO. Current laws also state that all bettors must be at least 21 years of age to engage in real money wagering.
TL;DR: Online Sports Betting in Colorado
If you are a fan of sports betting and want to have the chance to generate some great payouts, be sure to check out Colorado online sports betting. With operating sites, you will find fantastic odds and the ability to wager on the most popular sports in the US and worldwide. With great bonus offers and excellent payment options, wagering online will be completely secure and will offer you the chance to enjoy the thrills of sports betting right from home!
FAQ: Colorado Sports Betting Sites
Where can I find the best CO online sports betting sites?
You can easily find the top-rate site by referring to our list of sportsbooks. We have done in-depth reviews and provide you with all the information you need on the best sites operating in the state.
How do I catch the best Colorado betting bonus?
The best betting bonuses vary per site. When comparing offers, look out for those that present the highest value while having the lowest wagering requirements. This will allow you to maximize profits.
Is CO sports betting profitable?
You can generate some great returns on wagers that are placed when enjoying online sports betting in Colorado. The amount you make will depend on the value of your bet and the current odds for that wager.
Is it safe to play at CO sports betting sites?
Yes. All of the listed Colorado betting sites we have are licensed and regulated. They provide security measures and follow gambling laws. They also meet all industry standards and provide secure banking options.
Can I bet outside Colorado?
There are no laws in place that will restrict anyone in Colorado from accessing an offshore site. This means you can place wagers outside of Colorado. When doing so, make sure you are betting at a licensed and reputable site.
Is sports betting legal in Colorado now?
Yes. Online sports betting is legal in the state of Colorado and you will find some great sites operating. The current laws also allow for wagering on a mobile device. All sites are overseen by the state of Colorado and adhere to strict laws.