Colorado Sports Betting Apps

Colorado

Long known for its beautiful landscapes and perfect climate for winter sports fanatics, Colorado is also becoming one of the biggest states in the U.S. when it comes to sports betting. Over a dozen legal mobile betting apps are available, along with retail casinos.

Legal and licensed apps:

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Bonus: 100$

Stathero
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Underdog
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PrizePicks
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ParlayPlay
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Fliff
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FFPC
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OwnersBox
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All legal ways to bet on in Colorado

Is online sports betting legal in Colorado?Yes
Is in-person sports betting legal?Yes
Is daily fantasy sports legal?Yes
Is betting on college sports legal?Yes
Is horse racing betting legal?Yes
Is greyhound betting legal?Yes
Is political betting legal?No
Is eSports betting legal?Yes

Whether CO residents want to bet on Deion Sanders and the Colorado Buffaloes or the Avalanche, they can do so legally on close to 20 different mobile betting platforms or in retail casinos across the state.

Outside of football, hockey, and the countless other markets legally available to bet on, CO residents can wager on horse and greyhound racing. Daily fantasy sports are also an option for residents in the state who prefer to make money off fantasy football best ball drafts instead of betting point spreads.

DraftKings DFS and FanDuel DFS reign supreme in the state, but residents can also find a wide range of other options, including PrizePicks, Underdog, OwnersBox, ParlayPlay, and Boom Fantasy.

Online sports betting in The Centennial State

In 2019, House Majority Leader Alec Garnett produced a sports betting bill, HB 1327, which made it through both chambers of the state’s general assembly and was brought to a vote. The bill survived the vote by a narrow margin, and just like that, Colorado became yet another state to offer both online and retail sports betting.

If a Colorado bettor does not like a specific sports betting app, they are in luck because they have over 15 more to test out. Colorado has not been shy about handing out licenses to operate in the state, as there are currently 20 legal betting apps available for download in either the App Store or Google Play Store.

These sportsbooks range from prominent names like DraftKings, Caesars, BetMGM, and FanDuel to some lesser-known sportsbooks like ClutchBet, SuperBook, and BetMonarch. Only a few betting apps have been available since sports betting went legal in the state in 2020, as sportsbooks launched in CO in 2021.

Most states only allow up to ten licenses to be out simultaneously, but that is not the case in Colorado. If a sportsbook is growing or just hitting the market, there is a good chance it will find its way into Colorado.

For example, in 2023 alone, both ESPN Bet and the Fanatics Sportsbook went live in CO immediately after being introduced to the market. State law allows up to ten more sportsbooks to join the market, so CO hasn’t even reached its limit on available apps.

All legal CO sports betting apps in 2024 (from newest to oldest):

Sportsbook app

Launch date

Fanatics Sportsbook

December 4, 2023

ESPN Bet

November 14, 2023

Sporttrade

August 29, 2023

ClutchBet

June 7, 2023

Betfred Sports

September 10, 2022

Bet365

September 6, 2022

Betsafe

March 1, 2022

SI Sportsbook (888)

September 7, 2021

Tipico

August 19, 2021

BetRivers

August 18, 2021

Caesars Sportsbook

August 2, 2021

Bally Bet

May 24, 2021

Betway

April 2, 2021

SuperBook

January 1, 2021

Circa Sports

July 1, 2020

SBK

June 5, 2020

BetMGM

May 1, 2020

BetMonarch

May 1, 2020

DraftKings

May 1, 2020

FanDuel

May 1, 2020

Sports betting & gambling legislation in CO

Sports betting would officially launch in CO in May 2020; however, it wouldn’t be long before COVID-19 shut everything down. Despite the virus causing many issues for retail sportsbooks, over 15 mobile betting apps had launched in the state by the end of the year, setting CO up to hit the ground running once sports resumed.

Since then, Colorado has seen a few sportsbooks enter the market and shut down or be absorbed by bigger shops. As the movement continues within CO in terms of operating, we will likely see a lot more changes going forward.

Amid all the volume that customers have access to, they must also follow state guidelines regarding betting laws, which include being 21 or older to create a mobile betting account or wager in person at a retail location. These bettors are subject to a 4.40% tax rate on winnings. These winnings are also subject to a federal gambling tax rate of 24%.

Whether a customer wants to use a sportsbook mobile app or web platform, they must be within the state's borders to legally place bets. The bright side is that bettors do have the option to remote registration, so they can create an account on these apps from their residence. The Colorado Division of Gaming enforces these and all other gambling rules.

Are online casinos legal in Colorado?No
Are retail casinos legal?Yes
Are social sportsbooks legal?Yes
Are sweepstakes/social casinos legal?Yes
Is online poker legal?No
Is the lottery legal?Yes
The launch date of sports betting in Colorado?May 1, 2020
How many legal sports betting apps are there in CO?20
How many legal retail betting sites are there in CO?12
Is remote registration allowed?Yes
Legal age for sports betting in Colorado?21+
Colorado's tax rate for betting/gambling winnings4.40%
Who regulates sports betting in Colorado?Colorado Division of Gaming

Most recent updates from the CO sports betting scene

  • June 18, 2024: Following the completion of the 2023-24 NBA season, Denver Nuggets center Nikola Jokic has opened as the favorite to win the MVP in 2024-25 at (+350).

  • June 6, 2024: After finishing with a record of 4-8 last season, the Colorado Buffaloes football team has received 4.5% of the tickets and 4% of the money to win the National Championship, according to BetMGM.

  • May 30, 2024: College football futures for the upcoming season have started to be posted, and the Colorado Buffaloes win total is set at 5.5. The Buffaloes are also (+3500) to win the Big 12 Title game and (+1400) to make the College Football Playoff.

  • May 19, 2024: One year after winning the NBA Finals, the Denver Nuggets were eliminated from the postseason by the Minnesota Timberwolves after a game-seven loss.

  • May 17, 2024: With a 2-1 double overtime loss to the Dallas Stars, the Colorado Avalanche have been eliminated from the Stanley Cup Playoffs.

  • May 5, 2024: After eliminating the Winnipeg Jets in the first round of the Stanley Cup Playoffs, the Colorado Avalanche are set to play the Dallas Stars in the second round. Colorado is currently (+600) to win the Stanley Cup.

  • April 29, 2024: Following the completion of the 2024 NFL Draft, University of Colorado quarterback Shaduer Sanders is currently the favorite to be the #1 pick in the 2025 draft at (+150).

In-person sports betting sites and locations

Much like online sports betting, bettors in CO have an excellent variety of options when it comes to retail betting, as there are currently 33 casinos in the state. Since each casino has the option to partner with a different sportsbook operator, the quality of the sportsbook may vary depending on the casino.

Many of these casinos were open long before the state officially launched sports betting in 2020, so they were well-versed in the gambling world before offering sports betting on their property.

Retail Sportsbook

Location

Saratoga Casino Black Hawk

101 Main St, Black Hawk

Monarch Casino Resport Spa

488 Main St, Black Hawk

McGills Hotel and Casino

232 Bennett Ave, Cripple Creek

Bronco Billy’s Casino

233 E Bennett Ave P.O. Box 590. Cripple Creek

Lady Luck Casino

340 Main St, Black Hawk

Bally’s Black Hawk

261 Main Street, Black Hawk

Red Dolly Casino

530 Gregory St, Black Hawk

Grand Z Casino

321 Gregory St, Central City

Lodge Casino

240 Main St, Black Hawk

Wildwood Casino

119 N Fifth St, Cripple Creek

Sports betting in neighboring states

Sports bettors who live in Colorado are set when it comes to market variety, but if they happen to travel to the states near them, that changes fairly quickly. By clicking on the states down below, you can see how surrounding areas are fairing in the sports betting industry.

StateOnline sports bettingRetail sports bettingDFSHorse Race betting
KansasLegalLegalLegalLegal
OklahomaIllegalLegal (restricted)LegalLegal
WyomingLegalLegalLegalLegal
NebraskaIllegalLegalLegalLegal
New MexicoIllegalLegal (restricted)LegalLegal
UtahIllegalIllegalLegalIllegal

Sports betting revenue impact on Colorado's economy

With Colorado's huge market, it’s unsurprising that the state consistently earns nearly $300 million monthly in handle and $25 million or more in revenue. Due to the number of operators in the market, the state also sees a pretty penny in monthly tax revenue. The Colorado state gambling bill, HB 1327, allows sportsbooks that partner with an in-state casino to obtain a license. All sportsbooks in the state are taxed at 10%, which adds up quickly every month.

The state has three licenses, including a master license, sports betting operator license, and internet sports betting operator license. The state’s 33 casinos are the ones who apply for the master license, and to do so, they must pay a $10,000 fee up front and a two-year $125,000 licensing fee. Once the license is acquired, these casinos can partner with a land-based or strictly online sportsbook.

Colorado sports betting record months:

  • Sports betting handle: December 2023 ($716,430,270)

  • Revenue: January 2024 ($53,490,323)

  • Tax Income: January 2024 ($4,128,369)

CO sports betting revenue in 2024

Month

Handle (MoM)

Revenue (MoM)

Tax income

Apr. 2024

$509,508,228

$32,028,036

$1,910,656

Mar. 2024

$593,094,977

$45,041,776

$2,852,592

Feb. 2024

$536,988,261

$25,762,378

$1,302,169

Jan. 2024

$596,685,968

$53,490,323

$4,128,369

2024 Total YTD

$2,236,277,434

$156,322,513

$10,193,786

Colorado - Some commonly asked questions (FAQ):

What are the legal sports betting options in Colorado?

Sports bettors in Colorado are in a betting paradise with 20 legal sports betting apps and a dozen retail betting locations. Not to mention, they also have the option to use daily fantasy sports apps and bet on horse racing.

Where does CO stack up with other states in terms of all-time sports betting handle?

Colorado legalized sports betting in May of 2020, and since then, they have seen over $16 billion in handle, which is the 6th most out of all states in which sports betting is legal.

Who are the most well-known sports figures in Colorado?

Sports fans in CO have plenty of big-name athletes and coaches in their state, including Nikola Jokic, Nathan MacKinnon, Kris Bryant, Sean Payton, and, of course, Primetime himself, Deion Sanders.

What is the number one sports mascot in the Centennial State?

Based on an article from the Denver Post, the best mascot in Colorado is Rocky, who is the Denver Nuggets mascot.