Colorado Sports Betting Laws
Unfortunately, there are no laws that allow for sports wagering to take place in Colorado. But, this could potentially change soon. Although lawmakers passed CO HB 19-1372 and Governor Jared Polis signed the bill, it is not yet a law. The measure now must be voted in a statewide referendum. The voters will get the final say about sports gambling in Colorado. They will make that decision in November of 2019. But what does that mean for you right now? Can you not bet on sports in Colorado until this happens?
There are some options left open for residents in Colorado. Colorado’s laws do not address the issue in regards to online gambling. This means that the door is wide open for sports bettors. If you are in Colorado and you want to make a bet on the upcoming Nuggets game, you can visit an offshore online sportsbook and you can place your bets there. These offshore sportsbooks operate outside of the United States and they are the industry leaders for online sportsbooks. You can safely use these websites to place your wagers on the Nuggets legally right now, even before the referendum takes place. This is going to be the best way for you to bet on sports before and after the voter referendum takes place.
The Legality Of Sports Betting In Colorado
The overall legality of sports betting in Colorado is currently up in the air. Although bills were passed by state lawmakers, it will ultimately be up to the voters if sports betting becomes law in Colorado. Colorado Statutes Article 10 defines gambling as “risking money or any other thing of value for gain contingent in whole or part upon lot, chance or the happening or outcome of an event over which the person taking risk has no control.” It seems like sports betting was interpreted as a contest of skill. Sports gamblers choose a team based on past results, that is a skill and it does not fall under gambling. This allowed lawmakers to pass legislation that will allow for sports gambling to take place.
But overall, there is nothing that explicitly bans sports gambling in Colorado. Because of a lack of laws against it, sports gambling is legal. The only thing is that until the voter referendum passes sports gambling laws, no one is allowed to create a sportsbook in Colorado. But, betting in one of our recommended online offshore sportsbooks is perfectly legal. They operate legally within the countries they are based out of and are licensed to take best from Colorado residents. If you are using an offshore sportsbook, you are legally betting on sports in Colorado.
Where To Legally Bet On Sports In Colorado
As we have already said, stat-based sportsbooks are not available just yet. First thing is that Colorado voters need to approve sports gambling in the state. Afterward, casinos can apply to offer sports gambling options. For now, outside of travel, the best way to bet on the Rockies and all your favorite teams is by going to one of our recommended online offshore sportsbooks. They are completely legal for you to use and will continue to be even after sports gambling laws are passed. If you want the best lines and odds in the sports betting industry, check out our recommended list of sportsbooks throughout this page and site.
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Legal Age To Bet On Sports In Colorado
When you turn 18 in Colorado, you can feel free to take part in the lottery and play bingo for cash. The age for other forms of gambling in the state is 21. Although you are allowed to access and use offshore sportsbooks when you are 18, it is probably best to wait until you are 21 in this case. Offshore sportsbooks comply with local laws for when they allow you to access their websites. Upcoming sports gambling laws indicate you will have to be 21 years or older to place a bet. If you mistakenly bet on sports underaged, you will get banned from the sportsbook.
Colorado Sports Betting FAQ's
Are Online Sportsbooks Safe To Use If You Live Colorado?
Online sportsbooks are the safest option you have if you live in Colorado. One of the reasons why it is the safest option is because there are no land-based options currently available for you just yet. Until the voter referendum happens, there are no licensed land-based sportsbooks in Colorado. Using an unknown land-based option can get you in trouble in more ways than one. Also, online sportsbooks use cutting edge technology to ensure that the information that you put in is secure. That way, you do not have to worry about someone potentially accessing your banking information.
Has Any Been Arrested For Sports Betting In Colorado?
There hasn’t been any arrest made in Colorado regarding sports betting. The laws that Colorado has in place isn’t made to prosecute bettors, but they are there to punish those operating unlicensed sportsbooks. Plus, lawmakers have shown they approve of sports betting. This makes it even more unlikely that you will be arrested for sports betting in Colorado. The only way you can possibly get in trouble for sports betting in the state is if you decide to use a bookie. Bookies can be under the watch of the police and if you are caught using one, you will lose more money than you would have won through the bet. So long as you do not go for that option, you are not going to bet arrested.
What Is The Best Way To Fund Your Colorado Sports Betting Account?
If you are using one of our suggested offshore online sportsbooks while you are in Colorado, the best method to fund your account is through cryptocurrencies like Bitcoin. Using a cryptocurrency is not only safe, but it is also the fastest method to get your money in and out of your accounts. If a big Nuggets game is coming up and you need to quickly get your money into your account, then using a cryptocurrency is your best bet. It is also the fastest way to withdraw your winnings.
Do Colorado Sports Betting Sites Have Odds On Football?
Broncos fans can now rejoice because Colorado sports betting sites have all the odds on their games. No sportsbook in their right mind would not include football odds. Football is the most wagered on sport out of all of them. There are a couple of offshore sportsbooks we recommend, so you can shop around and see who is giving the Broncos the best odds. Once you find the best odds, you can go ahead and place your bets on the Broncos and reap in the rewards of your winnings.
Can I Bet From My Mobile Phone In Colorado?
You can bet from your mobile device while you are in Colorado. Since there are no state-licensed sportsbooks right now, you can access one of your favorite Colorado betting sites to place your bets on the big Colorado Rams game. The offshore sportsbooks have web apps available, meaning that these websites are optimized for your mobile device. So, you can get the full Colorado sports betting experience when you use your phone to place your bets. These websites also become optimize for your tablets as well. Once the voter referendum passes, you should expect more mobile sportsbooks from the state to appear. This will give you more options for sports betting.
Can I Have More Than One Online Sportsbook Account In Colorado?
Not only you can have more than one online sportsbook account in Colorado, you probably should. If you want to bet on the Nuggets, you are going to want to get the most winnings as you possibly can. If you use just one website, then you are stuck with the odds they give you. Although they will give you the best odds you can offer, another website might offer you even better odds on the Nuggets. If are confident on betting on the Nuggets and want the most bang for your bet, then you should have more than one account ready to go.
What Does Shopping Lines Mean?
Shopping lines go hand in hand with having more than one sportsbook account. Let’s say you want to bet on the Broncos. One site might have them with -125 odds and the other will have -110 odds. Neither are bad odds, but one of them will earn you more money. You will win more cash if you bet on the site that has -110 odds. But if you only had one sportsbook account, you might have only seen the -125 odds and lost out on some cash. Shopping lines allow you to look at multiple sportsbooks and choose the one with the best odds on your team. Anyone with a sportsbook account has more than one for this reason. Besides, all the offshore sportsbooks we recommend are free to sign up for so there is no reason not to do so!
Betting On Horse Racing In Colorado
Colorado horse racing is just a little bit different than most other states. In most other states in the country, you can start betting on horse races when you turn 18. That restriction is higher in Colorado. You have to wait until you are 21 to bet on horses while you are in this state. The state offers live horse tracks for you to go to and place your horse race bets. You can place exotic bets or you can place straight bets as well. There are a number of ways for you to get into the horse racing action in Colorado.
In 2003, off-track simulcasts on horse races were permitted and out of state simulcasts were permitted as well. That means that more horse race options became available for residents in Colorado. You can go to one of the horse tracks in Colorado and place your wager on any horse race that is happening in the country. But you can also do that online as well. Your favorite offshore sportsbooks all will have racebooks available as well. That means you have absolutely limitless options when it comes to horse racing in Colorado.
The Status Of Daily Fantasy Sports In Colorado
Daily fantasy sports (DFS) is an increasingly popular way to get into sports. Thankfully, operators like DraftKings and FanDuel both operate in Colorado. Even smaller DFS sites are fully operational in Colorado. Back in 2016, the state passed CO HB 16-1404 which legalized and regulated DFS for the state. Some of the regulations that Colorado demanded operators to abide by are: not to use devices that replicates or qualifies as limited gaming, submitting a fingerprint-based criminal history record check in connection with initial licensure, and keeping daily records of its operations and maintain the records for at least three years. It seems like DFS operators gladly accepted these rules because DFS is really popular in Colorado. So, if you are a resident in Colorado, you can get your friends together and put together a contest for you to compete in.