Colorado Sports Betting App
Are you a Colorado resident who wants to bet on the Denver Broncos, Denver Nuggets, or Colorado Avalanche? If so, you will need an online sports betting account.
- MGM is a premier name in gambling and entertainment, and its sports betting app BetMGM is available to CO sports bettors. BetMGM currently operates in almost a dozen countries including Colorado.
- BetMonarch is the only sports betting app native to Colorado. The app is an extension of the Monarch Casino Resort Spa, which is a land-based casino in Black Hawk. The app is surprisingly robust and includes a wide range of sports betting options.
Using a sports betting app, also known as an online sportsbook, is required to place bets. Residents of the Rocky Mountain State can bet on sports at brick-and-mortar casinos or on their mobile phones or computers.
Legal sports betting has arrived in Colorado! Sports betting apps like DraftKings Sportsbook, FanDuel Sportsbook and BetRivers hit the market on May 1, 2020, allowing Colorado residents to bet on their favorite teams and sports legally for the first time. FOX Bet followed with its own launch on May 18.
This guide will break down the best Colorado sports betting sites by comparing the total number of sports and bets offered, odds, live betting features, mobile apps, educational resources, ease of use, as well as current bonuses and promotions.
Best Online Sports Betting Apps in Colorado 2021
- DraftKings Sportsbook – Best Overall for Beginners
- FanDuel – Best Mobile App
- PointsBet – Best New Bet Type
- FOX Bet – Good All-Around Offering
- BetMGM – Good All-Around Offering
- SportsBetting.com – Good All-Around Offering
- BetRivers – Good Live Betting
Best Overall for Beginners
DraftKings is the complete package for both new and experienced sports bettors and daily fantasy sports players. While the live betting, education, and mobile app are all great, I found the unique bets and pre-game statistics DraftKings offers to be the best in the state. Read full review
Best Mobile App
Like its closest competitors, FanDuel is one of the most well-rounded sports betting options available. The high-quality live betting, bets offered, and the odds are worth emphasizing for both new and experienced bettors. FanDuel is also one of two sportsbooks available that offers daily fantasy sports. Read full review
Best New Bet Type
PointsBet brings a new style of betting to the United States, and frankly, I'm a huge fan. PointsBetting is unique and fun enough to justify opening an account with PointsBet, regardless of whether you have other sports betting accounts. While some sportsbook functions, such as live betting, can be improved, PointsBet offers good odds and an excellent palate of bets to choose from. Read full review
Best for Poker Players, Fans of Fox Sports
FOX Bet offers bettors an endless selection of bets and quirky promotions, paired with an easy to use mobile app and desktop platform. While the company has room to improve in terms of odds offered and education, I would recommend the sportsbook to poker players and fans of Fox Sports news shows. Read full review
Good All-Around Offering
Make no mistake, despite being a casino-based brand BetMGM is all-in on sports betting. The BetMGM App provides users with a wide collection of sports and bets to wager on, in addition to a full suite of casino and poker games.Read full review
Good All-Around Offering
SportsBetting.com may be one of the newer apps on the block, but it handles nearly as well as some of the more seasoned sportsbooks. The generous new-customer promotion — one of the best we’ve ever seen — easy-to-navigate app, robust lineup of props bets, daily odds boosts and sports news make it a solid pick for bettors of all experience levels. Read full review
Good Live Betting
BetRivers has the foundation of a great sports betting site. It’s one of the premier services for live betting, has a wide variety of sports (the most of any app), and offers industry-leading promotions. Mobile bettors, however, will find the slow and clunky app a frustrating user experience. Read full review
Other Colorado Sportsbooks
In addition to our top seven Colorado sports betting apps for 2021, we reviewed two others. Here's our high-level takeaways for each. To dive deeper, read our reviews.
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William Hill combines excellent odds and new customer bonus offers with an above-average mobile app. While I wish the sportsbook offered more education and ongoing promotions, there is a lot to like about William Hill. Read full review
Best for theScore Media Fans
theScore Bet is best suited for die-hard theScore media fans, who will enjoy switching between the two apps to bet and track games in real-time. Unfortunately, theScore Bet is average and fails to incorporate enough features from the media app to leave a lasting impression. Read full review
Best Betting Odds in Colorado
To determine which Colorado sports betting sites offer the best odds, I recorded and analyzed data from hundreds of games for spread, moneyline, and total bets. The sportsbooks that provide the best odds for each sport are listed below.
| Feature | DraftKings Sportsbook | FanDuel Sportsbook | PointsBet | FOX Bet | BetMGM | SportsBetting.com | BetRivers Sportsbook |
| NFL Moneyline | Best | Average | Average | Above Average | Average | N/A | Below Average |
| NFL Spread | Below Average | Below Average | Above Average | Above Average | Below Average | N/A | Below Average |
| NBA Moneyline | Average | Average | Average | Worst | Average | N/A | Average |
| NBA Spread | Below Average | Good | Above Average | Below Average | Average | N/A | Below Average |
| MLB Moneyline | Worst | Worst | N/A | Average | |||
| MLB Spread | Average | Above Average | N/A | Best | |||
| NHL Moneyline | Best | Average | Above Average | Above Average | Average | N/A | Below Average |
| NHL Spread | Average | Good | Above Average | Below Average | Worst | N/A | Below Average |
| Soccer Moneyline | Average | Average | Worst | Below Average | Good | N/A | Best |
| NCAAF Moneyline | Below Average | Below Average | Above Average | Best | Average | N/A | Best |
| NCAAF Spread | Average | Above Average | N/A | Below Average |
Deposit Options
Here is a comparison of deposit options amongst top CO sports betting apps.
| Feature | DraftKings Sportsbook | FanDuel Sportsbook | PointsBet | FOX Bet | BetMGM | SportsBetting.com | BetRivers Sportsbook |
| Minimum Deposit | $5 | $10 | $5 | $10 | $10 | $10 | $10 |
| Total Deposit Methods | 8 | 8 | 4 | 7 | 8 | 2 | 8 |
| No Debit/Credit Card Deposit Fees | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Deposit Min/Max - Debit/Credit Card | $5/$2,000 | $10/Varies | $5/Varies | $10/Varies | $0/Varies | N/A | $10/Varies |
| PayPal | Yes | Yes | No | Yes | No | No | No |
| Deposit Min/Max - PayPal | $5/$2,000 | $10/Varies | $5/Varies | $10/Varies | $10/Varies | N/A | N/A |
Withdrawal Options
Here is a comparison of withdrawal options amongst top CO sports betting apps.
| Feature | DraftKings Sportsbook | FanDuel Sportsbook | PointsBet | FOX Bet | BetMGM | SportsBetting.com | BetRivers Sportsbook |
| Minimum Withdrawal | $1 - $15 | None Listed | None Listed | $10 | $10 | $10 | $10 |
| Total Withdrawal Methods | 4 | 4 | 2 | 5 | 6 | 2 | 4 |
| No Withdrawal Fees - Check | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Check Payout Speed is < 10 days | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Withdrawal Min/Max - Check | $5/Varies | None listed | $5/Varies | $10/$8,300 | $0/Varies | N/A | $10/Varies |
| Withdrawal Min/Max - PayPal | $5/Varies | None listed | $5/Varies | $10/$8,300 | $10/Varies | N/A | N/A |
Colorado Sports Betting Timeline
Here is a short timeline of how Colorado sports betting became a reality:
- 2019 - Governor Jared Polis signed House Bill 1327 on May 30th, 2019. House bill 1327 was written to allow Coloradans to bet on sports online with their phone or computer and at casinos in Blackhawk, Central City, and Cripple Creek. On November 5th, Residents of Colorado voted on whether or not to legalize sports betting. Only 1.5 million people voted, with 51.41% of votes going to legalize sports betting.
- 2020 - Sports betting launched in Colorado on May 1st, despite most sports being postponed or canceled due to the COVID-19 pandemic. As of October, there are 16 online sports betting sites available in Colorado. Colorado has the second-most online sports betting apps to choose from, trailing behind New Jersey (17).
Best Colorado Sportsbooks Summary
Below is a summary of the best online sportsbooks currently available in Colorado.
| Feature | DraftKings Sportsbook | FanDuel Sportsbook | PointsBet | FOX Bet | BetMGM | SportsBetting.com | BetRivers Sportsbook |
| Overall | 5 | 4.5 | 4.5 | 4 | 4 | 4 | 4 |
| Sports & Bets Offered | 5 | 4.5 | 5 | 4.5 | 4.5 | 4 | 4.5 |
| Odds | 3 | 3.5 | 4.5 | 4 | 2.5 | 0 | 3 |
| Live Betting | 5 | 5 | 3.5 | 4 | 4 | 4 | 4.5 |
| Mobile Betting | 5 | 4.5 | 4.5 | 4 | 4 | 4 | 2.5 |
| Education | 4 | 4 | 4.5 | 2 | 3.5 | 3.5 | 4 |
DraftKings Sportsbook
DraftKings delivers the ultimate package for sports bettors, including unique contests and bet types, industry-leading pre-game statistics, excellent education for beginners, Daily Fantasy contests, and private pools with friends. This outstanding all-round experience makes DraftKings our top overall sportsbook in 2020. Read full review
Minimum deposit: $5
Who choose DraftKings Sportsbook:
- Great for beginners. DraftKings’ noteworthy educational materials include guidance on how to bet and different bet types, as well as sport-specific guides that cover common strategies for betting success.
- Unique bets and contests. The variety of sports and bets offered —one of the largest selections of unique bet types and contests we’ve seen — and an excellent live betting experience makes DraftKings one heck of a sportsbook.
- Bonuses: Promotions change throughout the year, but typical ones include risk-free bets up to $1,000 for new bettors, and deposit matches, among others. Keep in mind there are typically rollover requirements attached to each bonus.
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FanDuel
FanDuel Sportsbook is a winner in 2021 for its easy-to-use website and mobile app, variety of prop bets, and its top-of-the-line live betting. FanDuel combines all of that with competitive odds and daily fantasy sports integration to deliver one excellent sportsbook. Read full review
Minimum deposit: $10
Colorado Sports Betting Apps
Why choose FanDuel Sportsbook:
- Excellent mobile app. With its focus on usability, we found the FanDuel Sportsbook app to be one the best-designed apps overall.
- Great for bettors. High-quality live betting, variety of bets offered, and noteworthy odds are all features new and experienced bettors will appreciate.
- Bonuses: Promotions change throughout the year, but typically FanDuel offers a risk-free bet up to $1,000, and several other smaller seasonal offerings. Keep in mind there are typically rollover requirements attached to each bonus.
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PointsBet
PointsBet brings a new style of betting to the United States, and frankly, I'm a huge fan. PointsBetting is unique and fun enough to justify opening an account with PointsBet, regardless of whether you have other sports betting accounts. While some sportsbook functions, such as live betting, can be improved, PointsBet offers good odds and an excellent palate of bets to choose from. Read full review
Minimum Deposit: $5
Why Choose PointsBet:
- You’re interested in PointsBetting. PointsBetting takes a spread, total, or prop bet and makes it a variable bet until the end of the game. The idea is, the more correct a bettor is, the more they win, and vice versa.
For example, let's say you bet $10 on the Dallas Cowboys (-3) against the Jacksonville Jaguars (+3). If Dallas wins 24-20, you covered the spread and won by one point. For this example, you multiply your $10 wager by one, for a total win of $10. If Dallas wins 26-20, you covered the spread and won by three points. For this example, you multiply your $10 wager by three, for a total win of $30. If Dallas loses 17-20, you lost the spread by six points (the three Jacksonville won by plus the three Dallas was favored). For this example, you multiply your $10 wager by six, for a total loss of $60. - Bonuses: Typically, PointsBet offers two risk-free bets up to $500 on the first fixed odds bet and PointsBetting Bet, as well as various seasonal promotions. Keep in mind there are typically rollover requirements attached to each bonus.
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What Colorado Casinos Offer in Person Sports Betting?
Residents of Colorado can bet on sports in-person at the following locations. You can bet at any of these casinos regardless of what mobile app(s) you use and vice versa. This list was updated in July of 2020; I fully expect more casinos to roll out sports betting as the year progresses.
- Isle Casino - Black Hawk
- Lady Luck Casino - Black Hawk
- Golden Mardi Gras - Black Hawk
- Monarch Casino - Black Hawk
- Saratoga Casino - Black Hawk
- Century Casino - Central City
- Brass Ass Casino - Central City
- Bronco Billy’s - Central City
- Colorado Grande - Cripple Creek
- Johnny Nolon's - Cripple Creek
- Wildwood Casino - Cripple Creek
How do I bet online in Colorado?
- 1. Create an account. Every online sportsbook has an online website as well as a mobile app. To create an account on the app or website, you will need your name, address, phone number, and email address. Some sportsbooks might ask for more information such as social security number; which is normal.
- 2. Fund the account. Deposit money into your newly created account. In Colorado, standard banking methods include credit/debit cards, PayPal, ACH (e-check), Bank Transfers, Play+ Cards, and PayNearMe.
- 3. Add your bet(s) to the betslip. To do this, click on the bet that you want to place.
- 4. Select the wager amount. Enter the amount of money you want to wager. The bet slip will display your total wager and potential payout. Keep in mind, the potential payout includes the money that you are wagering. For example, in the screenshot below, you are betting $10 to win $8.80. Thus, the potential payout is $18.80 (total wager $10 + potential winnings $8.80).
- 5. Finalize the bet. Place your bet and set an alarm for game time!
- Online Sports Betting - Legal
- Online Horse Betting - Legal
- Daily Fantasy Sports - Legal
- iGaming (online slots) - Not Legal
- Online Poker - Not Legal
- Online Lottery - Not Offered
- Offshore Sportsbooks - Not Legal
- Denver Broncos (NFL) Team Website // Schedule // News
- Denver Nuggets (NBA) Team Website // Schedule // News
- Colorado Avalanche (NHL) Team Website // Schedule // News
- Colorado Rapids (MLS) Team Website // Schedule // News
- Colorado Rockies (MLB) Team Website // Schedule // News
- Football - NFL, NCAA, CFL
- Basketball - NBA, NCAA, WNBA, International Leagues
- Soccer - English Premier League, MLS, International Leagues
- Baseball - MLB + International Leagues
- Hockey - NHL + International Leagues
- Golf - PGA Tour, LPGA Tour, International Leagues
- Tennis - All Major U.S. Tournaments + International Matches
- Other Sports - UFC/MMA, Motor Sports, Boxing, Cricket, etc.
- Odds have either a plus or minus in front of them.
- Odds are in terms of 100.
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What types of gambling are legal in Colorado?
Colorado has a modest selection of online gaming products to choose from. Here are the forms of gambling legal in Colorado:
Popular Colorado Sports Teams
Colorado has five professional sports teams in the Rocky Mountain State. Residents of Colorado can bet on all professional and collegiate sports, which include all of the following professional teams:
What sports leagues can I bet on in Colorado?
Almost all domestic and international leagues are available to bet on with Colorado sportsbooks:
How to Read Odds
Odds represent the likelihood of an outcome occurring. In sports betting, each team is assigned odds that represent the likelihood of them winning the game. American odds are what you will see displayed on every U.S. sportsbook and sports betting app.
The first thing you will notice when reading odds will be that:
Betting Odds are written in terms of 100 as an industry standard. The easiest way to think of the plus and minus signs is as follows: If it is a plus, you will receive more than a $100 payout on a $100 bet. If it is a minus, you will have to bet more than $100 to win a $100 payout.
Thankfully, you can view your potential winnings on each bet before placing it at an online sportsbook. That said, it is beneficial to understand the betting odds.
Keep in mind for both spreads and totals, if the game ends in a draw for the bet, you get your stake back but do not win or lose any additional money.
What is a Moneyline bet?
A moneyline bet is a wager on which team will win the game outright. Both the favorite and the underdog are given odds to win the game. View sample bet slip.
| Moneyline Odds | How to Read it | What it Means |
|---|---|---|
| Lions +130 | Lions plus 130 | By betting $100 you will win $130 if the Lions win |
| Packers -150 | Packers minus 150 | To win $100, you must wager $150 on the Packers to win |
What is a Spread bet?
A spread bet is a wager on which team will cover the spread or point spread. Underdogs will be given additional points with the spread, while the favorite will have to win by a certain amount of points to cover the spread. View sample bet slip.
| Spread Odds | How to Read it | What it Means |
|---|---|---|
| Lakers + 5 (-110) | Lakers plus 5 points at minus 110 odds | The Lakers must win the game, or lose by less than 5 for you to win your bet |
| Rockets -5 (-110) | Rockets minus 5 points at minus 110 odds | The Rockets must win the game by more than 5 points for you to win your bet. A tie is a push, meaning you don't win or lose. |
What is an Over/Under (Total) bet?
An over/under bet focuses on how many points are scored, regardless of who wins the game. After a total point score has been set, bettors can wager whether the game's actual score will be over or under the preset point score. View sample bet slip.
| Total Odds | How to Read it |
|---|---|
| Over 7 (-115) | In order to win $100, you must bet $115 on the overall combined run score to be higher than 7 |
| Under 7 (-110) | In order to win $100, you must wager $110 on the total combined run score to be less than 7 |
More of a visual person? Here's a YouTube video covering moneyline, spread, and total bets.
What is a Parlay bet?
A parlay bet is a group of bets, typically spread, moneyline, or total bets, combined into one bet to increase the payout odds. Every separate bet must win to win a parlay bet. View example bet slip.
What is a Future bet?
A futures bet is a bet on an event that takes place in days, weeks, or months. The most common future bets are placed on what team will win the finals before the season starts. View example bet slip.
What are Bonus Rollover Requirements?
Rollover requirements are requirements bettors MUST fulfill before they can withdraw the bonus money. Each type of bonus has different terms and conditions, which you should examine before accepting.
Rollover requirements for sports betting often range between 1X-10X, with some extreme requirements going all the way up to 15X. For example, let’s say you deposit $100 and receive a $50 bonus with a 5X rollover. Before you can withdraw the $50 in bonus funds, you have to wager $750 (($100 + $50)x5). Clearly, the $50 bonus is a lot harder to obtain if you don’t bet frequently.
This table gives you an idea of how much you will have to wager before withdrawing your bonus at multiple rollover rates. We will assume each deposit made is $100.
| Bonus Percentage ($100 Deposit) | Bonus Amount | Bonus Withdrawal with 1X Rollover | Bonus Withdrawal with 3X Rollover | Bonus Withdrawal with 5X Rollover | Bonus Withdrawal with 10X Rollover |
|---|---|---|---|---|---|
| 25% Deposit Match | $25 | (100+25)x1 = $125 | (100+25)x3 = $375 | (100+25)x5 = $625 | (100+25)x10 = $1,250 |
| 50% Deposit Match | $50 | (100+50)x1 = $150 | (100+50)x3 = $450 | (100+50)x5 = $750 | (100+50)x10 = $1,500 |
| 100% Deposit Match | $100 | (100+100)x1 = $200 | (100+100)x3 = $600 | (100+100)x5 = $1,000 | (100+100)x10 = $2,000 |
Is Sports Betting Legal in CO (Colorado)?
Sports betting is legal in Colorado at retail locations and online. On November 5th, 2019, residents of Colorado voted to legalize sports betting.
How old do you have to be to bet on sports in Colorado?
Anybody who is 21 years or older can bet on sports in Colorado. As long as you are 21 and within state lines, you do not have to be a resident of Colorado to bet on sports.
If you live in Colorado and travel to a state that does not have legal betting, you will not be able to bet. Your phone or laptop uses geo-technology to make sure you are within state lines. The only people prohibited from betting on sports include athletes, coaches, refs, and other related personnel.
Do you have to pay taxes on sports betting in CO?
According to the IRS, “Gambling winnings are fully taxable, and you must report the income on your tax return.” Form W-2G is used to report gambling winnings and gambling losses, which may be deduced if adequately itemized.
For online gambling winnings, residents must send in Form W-2G when certain winning thresholds are reached. For example, if a player wins more than $600 or at least 300 times the wager amount, the form must be filled out.
Is it legal to bet on horse racing in Colorado?
It is legal to bet on horse racing in Colorado. Residents can bet with legal online providers such as TVG, BetAmerica, and TwinSpires. You can not bet on horses from Colorado sportsbooks, except for BetAmerica, which offers different websites for its sports betting and horse racing products. BetAmerica does not currently offer sports betting to residents of Colorado.
Does Colorado offer an online lottery?
No, Colorado does not currently offer any online lottery games or tickets.
Is DraftKings sportsbook legal in Colorado?
DraftKings is a safe and legal sports betting option for residents of Colorado. DraftKings obtained its license from Golden Gulch Casino.
Is FanDuel sportsbook legal in Colorado?
FanDuel is a safe and legal sports betting option for residents of Colorado. FanDuel obtained its license from Golden Gates Casino.
Is Bovada legal in Colorado?
Bovada, BetOnline, and MyBookie are considered offshore sportsbooks and are illegal. These sportsbooks are not approved by the Colorado Limited Gaming Control Commission, which regulates all legal Colorado sportsbooks.
Methodology
For Moneyline.com’s annual best online sportsbooks review, we collected more than 36,000 data points over five months from 20 sportsbooks that serve 11 states where full-scale mobile betting is legalized. Hundreds of hours were spent testing and scoring each sportsbook (mobile and online/desktop) in seven core categories: sports and bets offered, odds, live betting, mobile betting, education, ease of use, and bonuses and promotions. The results determined each sportsbook’s overall rating.
Data from more than 1,700 bets (including moneyline, spread and total bets) was used to generate each sportsbook’s comparative odds ranking. Leagues and bet types collected include NCAA football moneyline bets, NCAA basketball moneyline bets, NFL moneyline, spread and total bets, NBA spread, moneyline and total bets, NHL moneyline, puckline and total bets, and soccer 3-way result (moneyline) bets. When collecting odds, we made sure to collect the same games at the same time for each sportsbook, ensuring data accuracy.
About Moneyline.com’s chief sportsbook researcher, Joey Shadeck: I’ve been a hobby sports bettor for more than six years, placing hundreds of bets on my favorite sports (football, basketball, MMA) and teams (Packers, Spartans, and whoever is playing the Lions). Beyond sports betting, I’m known for saying “Wanna bet on it?” in almost any situation and that is how I found out I can eat 42 chicken nuggets in less than 20 minutes.
As of February 2021, 22 different states have legalized sports betting to some capacity. Of those 22 states, the following 11 have legalized full-scale mobile betting: Colorado, Illinois, Indiana, Iowa, Michigan, Nevada (must register in-person), New Hampshire, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia.
Learn more about how we test.
Legal sports betting is live in Colorado in all its many forms. There will be land-based sportsbooks at a large number of the state’s casinos.
You will be able to access online gaming and create internet accounts that are run by the partner operators to those casinos. And most importantly, and most conveniently, sports betting in Colorado also includes mobile connectivity over sportsbook apps.
Unlike what has happened in New York, where Gov. Andrew Cuomo has continued to keep mobile gaming out of the Empire State’s new sports gambling laws, Colorado has done things right — at least as far as both the bookmakers and sports betting customers are concerned. States across the country have shown that when sports betting is mobile, that becomes the preferred method of placing bets.
But with so many betting options and apps coming online, how is someone supposed to keep them straight? And what is the difference between placing bets on your mobile device vs. sitting down at your personal computer and using a web-based sportsbook?
When using an app, are customers limited on what they can do? Are certain functions, like account management, harder on a mobile device?
Will you still get full access to any promotions and bonus offers that a sportsbook may offer? And do any of the new Colorado laws limit your ability to have a full sports betting experience while using your mobile device?
The passing of Proposition DD made sports betting legal in Colorado, but it didn’t answer all of the questions sports bettors in this state still have. In this space, you will find the answers to all of these questions, as well as many more.
Best Colorado betting apps
Several nationally recognized mobile sportsbook providers have already created legal partnerships with area casinos to bring their mobile services to Colorado. The total list includes some of the big names and heavy hitters that you immediately think of, as well as many companies that have made names for themselves elsewhere in the world and are now breaking into the booming US sports betting market.
- Wynn Resorts
- Betfred
- PointsBet
- BetAmerica
- Twin River
- theScore
- Smarkets
As sports betting continues to ramp up in Colorado and more land-based casinos get their sportsbook licenses, the list of partner mobile providers will also continue to grow.
How to place mobile sports bets in Colorado
Placing bets on your mobile device works almost the same as if you’re standing at the counter and in front of a teller. Once you have an account, and money in that account, simply navigate to the sport you want to play and then choose the game that contains the wager you want to bet.
Pick the wager type, choose the side you’re betting on, add the dollar amount of the wager, and then confirm that the information you have chosen is correct. No matter the type of wager, from a straight bet on the moneyline, a parlay combining multiple events or a futures bet on the winner of Super Bowl LV, the process works the same.
Best Sports Betting App Colorado Reddit
Most apps are easy to navigate and laid out in a logical and user-friendly way. They also come with robust user guides and FAQ sections to help you find your way around, should you need any extra assistance.
Apps vs. websites
Most people find the convenience of using a mobile sports betting app makes it the superior choice over a website. It’s always with you.
Chances are good that your phone boots up faster than your computer at home. And the mobility factor of having your phone in your pocket while at a stadium or arena, and then making a bet right there as you watch the game, is incredibly appealing to players.
Websites on your computer will have larger displays and larger keyboards, naturally. And sometimes, a mobile app will crunch information in a way that makes it harder to navigate.
If you’re at home and monitoring online scoreboards or watching internet feeds of games and events taking place, opening another window on your browser and using it to place sports bets is both logical and convenient.
Other times the choice isn’t yours. Not all online sportsbooks have a corresponding mobile app, leaving you no choice but to use their website. But if you’re unsure if your online sportsbook does offer mobile connectivity, the easiest place to check is the website itself.
As mentioned, when a sports betting app is available, it typically becomes the main avenue for sports betting revenue. But the ultimate decision on which you choose to use is yours alone.
Colorado Android and iOS betting apps
Most sportsbooks will offer mobile apps that are compatible with both iOS and Android devices. But because Google Play prohibits all types of gambling apps, you’ll have to download Android apps directly from the sportsbook website.
For iOS sportsbook apps, many of the sportsbooks offer both an app for your phone and an app for your iPad. Just make sure you download the one you want.
Also, since companies like DraftKings and FanDuel have operations in multiple states, be sure to download the app that gives you access to Colorado gaming. Sometimes it’s a single app that requires you to choose your location once you’ve logged on, but others have different apps for different states.
In-browser sports betting
For the companies that do not offer a mobile app, there is still another way that you can use your mobile device to place sports bets. You can simply open a browser on your phone and access the online sportsbook to place bets that way.
Most of these online sportsbooks will have mobile compatible browsers that allow you to navigate around the page almost as if you were using an app. It all works just like you’re using the online sportsbook on your home computer but from the convenience of your mobile device.
Creating an account
The very first time you log on to an online sportsbook or open up a newly downloaded app, you will be asked to create an account. Often you can skip this step to just look around the site, browse its betting and sports menus, and see what else it has to offer. But when you are ready to begin placing bets, you will be required to register.
The process of registering for a new sportsbook account is easy. You will be required to give your name, date of birth, physical address, email address, phone number and the last four digits of your Social Security number. All of this is used to help verify that you are, in fact, at least 21 years old.
Then you will choose a unique username and password and answer a few security questions if your identity needs to be verified at a later date. For many sportsbooks, you will be given the option of turning on two-factor authentication to give your account an extra layer of security. Once all of that is done, you’re ready to move on to the financials.
Deposits via Colorado sports betting apps
The most important thing to know about making deposits into your account using a mobile app is that it is secure. All sports betting apps come with encryption technology to ensure that any information you send through the device is safe.
It’s also important to know that making deposits through your mobile account with a sportsbook works just like making deposits online. All of the options that are available on a web browser are also available through the app.
The best and most secure way to make a deposit is through online bill pay. That way, you never have to give out a credit or debit card number, and the new funds appear in your account immediately. It works just like paying your bills online, and with most banks, it’s simple and straightforward to set up and operate.
You can also set up wire transfers from your bank or have an e-check sent to your sportsbook account. All of these electronic transfers from your bank account to your sports betting account can be done directly from the app.
If you still prefer to use a credit or debit card, that is, of course, available. E-wallet services, such as PayPal and Neteller, are also easy to use and secure methods of making deposits immediately. Some bookmakers will offer prepaid cards that a customer can use to top up their accounts. You can also visit your area 7-Eleven and use the PayNearMe terminal to purchase a voucher using cash that can then be used through the app to make a deposit.
Withdrawing
When using the mobile app on your phone, you can also access the many withdrawal options that are available for your sports betting account. Although, depending on the type of deposit that you made, not all methods of withdrawal are available.
E-checks can be issued, and it’s the preferred method of withdrawal for sportsbooks. You simply activate the withdrawal from your app, and the sportsbook will deposit the e-check directly into your account.
If you used one of the available e-wallets — PayPal, Neteller or Skrill — bookmakers will be able to reverse the transfer of funds and put your withdrawal into the same account you used for a deposit.
And of course, there is the old-fashioned paper check in the mail. Just be prepared for delays in processing the check and delivering it in the mail to your home address.
Types of mobile sports bets available in Colorado
Just as with the financials of your account, nothing about the available wager types changes because you’re using a mobile app. Everything available at the retail sportsbooks and on the web is also accessible from your mobile device.
Point spread bets: If you want to bet the favorite, you have to give up points. If you bet the underdog, you can still win the bet even if your team loses, as long as the underdog stays within the spread.
Moneyline bets: Straight-up bets without a point spread. Moneyline bets pay less for picking the favorite and more for picking the underdog.
Totals bets: Also known as over/under bets, this is a bet on the total combined score of the game, with you betting either over or under a total set by the sportsbook.
Parlays: A parlay is two or more individual bets combined into one large single bet that only wins if all of the legs of the parlay win.
Proposition bets: These are bets on individual or team accomplishments that take place within a game, like most yards passing, the first team to score a goal or total home runs allowed. Colorado does not allow proposition bets on college sports.
Futures bets: Bets on events that have yet to take place — like the World Series or next year’s Super Bowl — are known as futures bets.
In-play wagering: One of the newest and most exciting ways to bet, in-play wagers are bets that take place on events that have already started. There are multiple spreads, buyout options and constantly changing odds as the game itself changes. In-play wagering is especially good on a mobile app because of the connection speed required to calculate the changing odds.
Legality of mobile betting in Colorado
When voters approved Proposition DD in November 2019, they legalized all possible platforms for sports gambling — in-person, online and mobile. The law that was passed in the Legislature, signed by the governor and approved by the voters, legalized mobile sports betting in Colorado.
Since then, the Colorado Limited Gaming Control Commission has written the specific rules for sports betting in the state, including the licensure requirements for operators of mobile sportsbooks. As long as it is partnered with one of the land-based Colorado casinos that has been granted a master license to operate sports gaming, the mobile sportsbook provider can offer web and mobile-based access.
The requirements for customers who want to place mobile sports bets in Colorado are simple. You must be at least 21 years old, and you must physically be inside the borders of Colorado when placing bets and making deposits and withdrawals.
Players can sign up for and register an account outside the borders of Colorado, but geolocation technology will prevent the other functions of the app from being available.
Do you have to have an app to bet?
Not at all. There are more than 30 casinos operating legally in Colorado, and most of those plan to offer some sort of sports wagering at their brick-and-mortar locations.
But it should be noted that all retail sportsbooks in Colorado are limited by law to those casinos that are already in existence in the mountain towns of Black Hawk, Central City and Cripple Creek.
If you want to place sports bets in person and with a teller, you’ll have to do it at one of these casino-operated sportsbooks.
Mobile sportsbook accounts will also come with access on the web. So if you don’t have your mobile device for some reason or don’t want to download the corresponding app, you will still be able to place bets this way.
Colorado sports betting bonuses
Because the new Colorado market is so crowded with sportsbook operators, they will be putting on the full-court press to bring in your business. That means plenty of attractive and profitable bonus offers and promotions in the hopes that you’ll register your new account with them.
Deposit bonuses: One very common bonus is a matching deposit bonus for new registrations. The sportsbook offers to match your first deposit up to a certain percentage and a certain amount of money, and then you have that money to wager.
It is not uncommon to see deposit bonuses matching you at 100% and up to $500 on your initial account deposit. Then to get full use of the bonus money, the sportsbook will have release requirements.
On a $500 match, it might require that you wager that amount 10x, or a total of $5,000 in placed bets, before releasing the amount into your account. Up until then, it remains bonus money, but once the funds have been cleared, they are yours to withdraw if you wish.
Free bets: Another popular means of drawing in new customers is by offering free bets. This works much in the same way deposit bonuses work. You sign up for your new account, and the sportsbook offers to make your first $50 bet risk-free.
Tennessee Sports Betting App
That means if you win, you win the bet and the money. But if you lose, you are credited with $50 in free bets. And as with the deposit bonus, there will be betting requirements before that $50 is released into your account as more than just a credit.
Loyalty and rewards programs: Not only do sportsbooks want your new business, they want your continued business. Not all casinos connect their sportsbooks to their currently offered rewards program, but some do, and those can become quite valuable if you plan to bet consistently.
Typically you earn points through wagers and dollar amounts. Those points move you up the tiers of the rewards programs, earning you even more points. And those points can then be used on free bets, retail sportsbook perks like food and drink, and free hotel stays and shows.
Be sure to explore your rewards program options before committing to one sportsbook over another.
Colorado sports betting FAQ
Is online sports gambling legal in Colorado?
Yes, the measure that Colorado lawmakers passed and the voting public approved does allow for legal online and mobile sports gambling throughout the state. To legally operate an online or mobile sportsbook in Colorado, an operator must apply for and receive an Internet Sports Betting Operator license from the state.
It is worth noting that even though Colorado does have legal casino gambling, online poker and other online casino games are not yet legal.
Are taxes owed on sports bets in Colorado?
All sports betting winnings are counted as income in the state of Colorado. The vast majority of the taxes that will be raised through sports betting in Colorado will be paid by the sportsbook operators. But sports bettors are legally required to declare their winnings to the IRS.
Is DraftKings legal in Colorado?
Yes. In 2016 Colorado legalized daily fantasy sports, and DraftKings began operating in the state. And now, in 2020, with the full legalization of sports betting in Colorado, DraftKings is expanding its services to include an online and mobile sportsbook.
What is the legal gambling age in Colorado?
Colorado Sportsbook Apps
Colorado allows those 18 and over to participate in the state lottery and bingo games, but you must be at least 21 to gamble in the casinos or place bets on sports and horse racing.
How many legal casinos are located in Colorado?
When Colorado legalized gambling in 1991, casino operations were limited to the three mountain towns of Black Hawk, Central City and Cripple Creek. Today there are 33 casinos operating in those three cities (Black Hawk and Central City are near Denver, and Cripple Creek isn’t far from Colorado Springs), and another two tribal casinos are open and operating in the western part of the state.