Online sports betting has never been more popular. Today in 2021 online sports betting is a billion dollar business for US citizens. The good news is that there are proven reputable, legit and trustworthy online sportsbooks you can gamble with right now no matter where you live in the USA. The following sports betting websites are absolutely the best in the business. I have been working with them for years (decades now for some sportsbooks like Bovada and Intertops) and you can be assured that you are getting competitive odds, fair bets and when you win you get paid.

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Sports betting on the Internet can be a thrilling experience for anyone. If you want your sports betting experience to go off without a hitch, however, you need to find the right website. Thankfully, the Internet is home to quite a few appropriate sites that can provide users with top-notch experiences. They feature lines displayed in American, Fractional or Decimal Odds. Their new features include Live Bets and a mobile-friendly website that combine with a Casino & North American Racebook. Ways to get the action with participating websites. There are several ways to LIVE stream contests with the best sports betting sites. The best USA betting sites will vary by state. Currently the best betting site in New Jersey, according to our ratings is bet365 but over in Pennsylvania it is BetRivers. Check out the ratings of betting sites by state at OLBG and see which is voted the best betting site in each state.

You should avoid most online sportsbooks as a precautionary measure. If you are going to gamble online then know that these sportsbooks are the top betting sites in the industry and they have maintained a positive reputation for US bettors for many, many years.

We all have our favorites.
Do you support the home team or are you one of those people?

Honest Sports Betting Sites US Players Allowed

Welcome to our guide to the best legal sports betting sites in the US. Here you’ll get to find some stunning sportsbooks who can give you superior odds for NFL, NBA, MLB, NHL and much more. The perfect way to get more from your sports bets! There’s never been a better time to enjoy sports betting in the US. This is because more and more. Betting sports online in Iowa is a lot easier than you may expect if you’re new to sports betting. It’s a simple process and the majority of online sports betting sites follow the same route from signup through to placing a bet, so you’ll be able to work them all with no issues.

They say a rising tide lifts all boats. To that end, the entire online sports betting industry is seeing a massive influx of money. But the industry’s growth poses a problem. It’s difficult to know which USA-friendly sports betting sites are safe, reliable and trustworthy.
Here’s the good news: we’ve done the heavy lifting for you. This site not only provides you with an easy-to-use list of the top U.S. sports gambling sites, but it also keeps that list updated.

We have no qualms about dropping sportsbooks that fail to meet our standards.

Bovada

Bovada is hard to beat. They’re like the Amazon of the sports betting industry. They host lines and spreads in practically every sport you can imagine placing wagers on, from football and baseball to horse racing, cricket and darts. In addition, they’ll help you get started with a 50% matching bonus up to $250.

Making deposits is simple.

Bovada accepts credit cards, bitcoin, Western Union payments and person-to-person transfers. The also accept Bitcoin Cash and are a crypto friendly online sportsbook so I expect this list to increase over time.

They also pay without fail.

If you win and make a withdrawal, you’ll receive payment. Period.

How much do you have to wager per bet at Bovada?

If you bet online, the minimum bet is $1. That’s as low as it goes. Maybe you just want to have a little fun.

By the way, you may be familiar with the name “Bodog”. They managed to maintain a bulletproof reputation as an online sportsbook for USA players years ago. Bovada is run by the same folks..

Read our detailed bovada sports review for more information about our top rated sportsbook for US gamblers.

BetOnline

BetOnline is a great option. They take players from all 50 US states (Bovada has a few restrictions) and offer quality customer support, big bonuses and maintain a fantastic reputation. Especially if you’re a high-roller or bettor who knows how to squeeze maximum mileage from the bonuses. They allow some of the highest betting limits in the industry. For example, NFL straight bets (or sides) can be wagered up to $25,000.

You can opt to receive a 50% matching bonus up to $1,000. Note that the bonus is anchored by a 10X rollover requirement. That shouldn’t pose an issue if you’re an active bettor or willing to stake large sums. There are a ton of on-going Betonline promotions which you can keep up to date with here or just check the promotions page on the official website.

BetOnline offers lines and spreads on as many sports as Bovada. They also have a reputation for speedy payouts. One of the ways BetOnline stands apart from the pack is by offering a range of withdrawal options. You can receive your winnings via Bitcoin, Western Union, bank wire, book-to-book transfer or check.

Don’t be intimidated by BetOnline’s high maximum betting limits. The site is still one of the best USA sportsbooks for beginning and intermediate bettors. You can wager as little as $1.

This company has been involved in sports betting for nearly 15 years. That’s important. Sportsbooks don’t enjoy that type of longevity without being dependable and responsive to their customers. Learn more in my comprehensive is Betonline legit review.

Bookmaker

Bookmaker is one of the oldest online sportsbooks. The company launched in 1985. That’s 36 years of history in an industry known for its lack of constancy1 Although Bovada and BetOnline manage to score a bit higher on our list of the top sportsbooks for USA bettors, Bookmaker isn’t far behind.

First, they’re reliable. You never have to worry about whether you’ll receive your withdrawals.

Second, they’re flexible. You can deposit funds via credit cards, bank wires, person-to-person transfers, eWallet transfers, Western Union or physical check. If you deposit $300 or more, Bookmaker will even cover your Western Union fees.

You can make withdrawals via debit cards, bank wires, person-to-person transfers and check.

One of the areas we feel Bookmaker could be better is with its new account bonus. When you register a new account, you can receive a 15% matching bonus up to $600 plus 50% for the casino, up to $1000 for a grand total of $1600. This does come with a 5x rollover requirement for the sportsbook portion and a 40x rollover requirement for the casino portion.

Read our detailed review of Bookmaker:

When you win you will get paid.

Billions of dollars are wagered each year as bettors put action on the NFL, NBA, MLB and many other sports. The top USA sportsbooks, including Bovada, BetOnline, Bookmaker, and FortuneJack are all experiencing growth and continued loyalty from their long time bettors.

Above you’ll find a current list of the best online sportsbooks that accept USA players. We’ll highlight important details for each one and provide links to in-depth reviews that contain more information.

Making A Deposit – Visa, Mastercard, AMEX, or Crypto (Bitcoin, Litecoin, Ethereum etc)

Credit cards are the easiest way for you to deposit. When they work that is.

Today US gamblers are moving to crypto currency. Bettors like you and I need to get into the digital age of crypto’s. Bitcoin, Ethereum, Litecoin.

Cryptocurrencies are the safest, fastest and easiest way to gamble online for real money from anywhere in the world.

If you already own bitcoin or another crypto then all you need to do is register at the site and send the crypto to the betting sites deposit address they provide you.

If you do not yet own bitcoin, don’t worry it’s easy.

I’m going to quickly explain how to do this.

The steps needed to buy bitcoin

1. Go to Coinbase.com, buy bitcoin (credit card or bank transfer will work).
2. Go to Greenaddress.it, create a bitcoin wallet (you need this to hold the bitcoin you buy from coinbase).
3. Send your bitcoin from Coinbase to Greenaddress.it – do not skip this step. (There will be a small fee to transfer to your greenaddress wallet but this is an essential step. Coinbase does not allow you to interact with an online casino, they will shut you down if you send or receive directly to an online casino or sportsbook. This is why you need to use Greenaddress.it or your own personal e-wallet to send and receive bitcoin from casinos.
4. Create your account at a sportsbook of your choice, visit the deposit/cashier area and choose bitcoin for deposits.
5. The sportsbook will provide you a bitcoin address to send your bitcoin to (they will provide a qr code for your phone to scan). Copy the deposit address.
6. Open your greenaddress wallet which will now hold your bitcoin and send bitcoin to the sports betting site.
7. Your deposit will be credited to your account.
8. Bet, gamble, have fun
9. When you are ready to cash out, visit the sites cashier and click withdraw and choose bitcoin as your method
10. Now they will ask you for a bitcoin address to send the bitcoin to – so you open up your greenaddress wallet, create a new receiving address and provide that to the sportsbooks cashier.
11. Verify the details and withdrawal amount and click the finish withdrawal button
12. The sportsbook sends you the bitcoin back to your wallet
13. From there you can do what you choose with it – keep it, spend it or turn it back into US dollars
14. If you want to cash out to fiat currency, you will again use coinbase. This is why you don’t want to burn your account here by using the built in wallet for gambling.
15. Send your greenaddress bitcoin to coinbase. Do not send directly to coinbase from a casino.
16. There are other wallets if you don’t like Greenaddress. You could find a handful to choose from but I would start out with one you are comfortable is safe. If you plan to be in crypto for a while then get a hardware wallet like the Ledger or Trezor.io.
17. If Coinbase won’t work, there are Bitcoin ATM’s popping up all over

5 Tips For Choosing The Best Online USA Sportsbook

Thus far, I’ve given you a short list of the top sportsbooks for players living in the U.S. There are hundreds of others. At some point, you may be tempted to try a few. Use the following tips for selecting a site that won’t leave you feeling disappointed.

Test The Site’s Customer Support

You may never need to speak with a sportsbook’s support staff. But if you do, you’ll want them to respond promptly and professionally to your questions.

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Before making your first deposit, contact the site’s service reps. Do it on the phone and via email. Make sure they’re responsive before you sign up.

Review the Site’s Deposit/Withdrawal Options

Some sites accept Bitcoin. Others don’t. Some charge high fees on withdrawals. Others process payouts with minimal fees. Some accept funds transfers from other sportsbooks. Others require “new” money.

This is strictly a matter of preference. If you’re a Bitcoin user, check whether the sportsbook you’re considering accepts them.

Take The Welcome Bonus With A Grain Of Salt

Sportsbooks use new member bonuses to compel people to join. It’s a great strategy that has always worked well.

The problem is, a lot of people forget they have to earn out the bonus. That’s what the rollover requirement is for.

To be sure, if you’re a heavy or consistent bettor, meeting the rollover requirement won’t be a challenge for you. But if you’re only betting $5 a $10 a day, it’s going to take time.

Look For The Best Lines

Don’t assume the lines posted at one site are mirrored at every other site. They vary, sometimes dramatically so. That’s why a lot of experienced sports bettors go line shopping. They seek the best odds, knowing they can increase their likelihood of a win.

BookMaker is often the first book out of the gate when it comes to posting new lines and spreads. Compare them with Bovada, BetOnline and any other site you’re thinking about using.

Only Use Financially-Strong Sportsbooks

In a way, sportsbooks are like insurance companies. Some have substantial financial backing. Others are little more than fly-by-night ventures that operate on the precipice of bankruptcy.

If you’re wagering large sums, definitely stick to sports betting sites with strong financial ratings. All of the sportsbooks on our list are rated at the top of the pile in this area. You’ll never need to worry about the sites’ solvency.

If you choose to play at lesser-known sites, be aware that you’re taking a risk.

Register An Account At The Top U.S. Sportsbooks

Twenty-five years ago NFL Commissioner Paul Tagliabue remarked, “We do not want our games to be used as bait to sell gambling.” A year later, sports betting was made illegal in nearly every state in the U.S. except Nevada and a few others.

Times have changed.

NBA Commissioner Adam Silver opined in late 2014 that “Congress should adopt a federal framework that allows states to authorize betting on professional sports.” He estimated the amount wagered each year was close to $400 billion.

Silver’s claim might be overreaching, but his opinion reflects that of a growing number of sports betting fans. One thing is clear: more people than ever are registering accounts at sites like Bovada, BetOnline, and Bookmaker.

Why not join them and have a blast building your bankroll?

Colorado sports betting is a thriving ecosystem with new entrants emerging all the time. There are 16 live online sportsbooks in Colorado at the time of this writing, and over a dozen more sportsbook licenses up for grabs. The Colorado Limited Gaming Commission still has plenty of room to grow Colorado’s sportsbook industry, which got an impressive start out of the gate in its first months in business.

Most of Colorado’s sportsbooks are either standalone companies or the result of casino partnerships. DraftKings, FanDuel, and William Hill are companies whose core businesses are sportsbooks. However, Colorado’s homegrown casinos want in on the red-hot sports betting industry, too. Many have either partnered with sportsbook companies or developed their own. BetMonarch is one such sportsbook app that’s wholly owned and developed by Monarch Casino. Another is Sky Ute SportsBook, the first tribal-run sportsbook to launch in the state.

Online sports betting has taken off like a rocket in Colorado. That may be because it’s the safest betting option in the social distancing age. However, Colorado’s online sportsbooks are competitive choices for bettors’ funds. Here’s everything bettors need to know about them.

**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.

The Best Colorado Sports Betting Sites & Bonus Offers

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Colorado Online Sports Betting Sites For December 2020

Pro sports got off to a late start this year due to the pandemic, and Colorado has mostly reopened since the March stay-at-home orders were rescinded. But even the lack of professional sports and the pandemic couldn’t deter Colorado from opening its first legal sportsbooks on May 1, or the bettors from flocking the newly launched sites and apps.

The launch of online sports betting in Colorado took some navigating, as officials grappled with the fallout from coronavirus. At the time of launch, there were few sports to bet on, but the market has done very well in the first months, even with bettors at first confined to wagering mostly on golf or table tennis. Here are the online sportsbooks who’ve secured partnerships in Colorado so far.

In addition to our top recommendations above, these are all of the sports betting apps in Colorado that are licensed, regulated in Colorado, and available for download:

The Best Colorado Online Sportsbooks (Ranked By Our Editors)

Best For New Bettors

$500 Free On $250 Deposit

Available On: Web, iOS, Android

Best For New Bettors

William Hill Colorado

4.7

An international sports betting brand, William Hill is taking its top-notch reputation to the US sports betting industry. Currently available in almost a dozen states, they offer all domestic and international sports odds. William Hill offers a $500 free bet to new bettors who deposit $250 or more.

William Hill Colorado

Bonus: 100% up to $500 on deposit

Retail Partner: Eldorado Resorts (Caesars Entertainment)

UK-headquartered William Hill is one of the biggest and most widely available sportsbooks in the US. Partnered locally with Eldorado Resorts (now Caesars Entertainment), William Hill kiosks have been available in Black Hawk since July, but the app didn’t launch until Sept. 8. New sign-ups can get up to a $500 risk-free bet with our exclusive link.

Best Mobile App

20% Deposit Bonus Up To $1000

Available On: Web, iOS, Android

Best Mobile App

DraftKings Colorado

4.9

DraftKings is one of the top US sports betting brands after making its name in the Daily Fantasy Sports industry. They offer one of the best mobile apps, with a easy-to-use interface. The interface makes it easy for new bettors to find sports, odds, and to place a bet. They offer a deposit bonus up to $1,000.

DraftKings Sportsbook Colorado

Bonus: 20% up to $1000 on deposit

Retail Partner: Mardi Gras Casino

DraftKings Sportsbook is one of the top US brands in sports betting, and it’s open for business for sports bettors in Colorado. Its variety of sports and lines are almost unmatched, and it offers some unique betting opportunities like teasers and parlays. It also has frequent bonuses and promotions.

Best Deposit Bonus

100% Deposit Bonus Up To $250

Available On: Web, iOS, Android

Best Deposit Bonus

BetRivers Colorado

4.7

BetRivers makes it easy to start betting in Colorado. New bettors can claim a 100% deposit match bonus up to $250 with only a 1x playthrough. This makes BetRivers Colorado the perfect choice for more casual bettors. For more experienced bettors, check out the BetRivers jackpot parlay bet.

BetRivers Colorado

Bonus: 100% up to $250 on deposit

Retail Partner: J.P. McGills

BetRivers is owned by Rush Street Interactive, which makes iGaming platforms in addition to its sportsbook offering. One of BetRivers’ differentiators is its extensive rewards system, which start at the basic level but top off at the “luxury” rewards for higher-tier wagers.

Best Betting Experience

$1000 Risk Free Bet Offer

Available On: Web, iOS, Android

Best Betting Experience

FanDuel Colorado

4.9

Much like DraftKings, FanDue Sportsbook made its name on Daily Fantasy Sports but now offers online sports betting across the US. The FanDuel Colorado app is one of the strongest in the state, with all major sports and some minor events as well. The interface is easy to understand the sportsbooks offers competitive odds.

FanDuel Sportsbook Colorado

Bonus: $1000 Risk-Free Bet

Retail Partner: Golden Gates Casino

Once known only for fantasy sports, FanDuel Sportsbook is all grown up, serving CO sports bettors 24 hours a day. FanDuel Sportsbooks has lines on MLB, NFL, NHL, and NBA, along with all kinds of other sports and events, both niche and mainstream. It has bets on the spread, the moneyline, halves and quarters of select games, and the over/under, and offers highly competitive odds in the CO sports betting landscape.

Best For Experienced Bettors

$1,500 In Two Risk Free Bets

Available On: Web, iOS, Android

Best For Experienced Bettors

PointsBet Colorado

Best New Sports Betting Sites

4.9

Australian sports betting brand, PointsBet, is one of the newest sportsbooks to launch in Colorado. Offering competitive lines on US and international sports, PointsBet offers a high-risk, high-reward options for experienced bettors in their PointsBetting system.

PointsBet Colorado

Retail Partner: Double Eagle Casino

Australian-owned PointsBet is a mobile gaming partner of Double Eagle Casino in Cripple Creek. PointsBet was one of the first sports wagering companies to announce its intentions to operate in Colorado and was awarded an online license on March 19. They finally launched their online sportsbook app in November 2020.

PointsBet offers a unique winnings boost if your team wins big, called PointsBetting, offering multipliers for winning wagers based on the number of points a team wins a game. PointsBet also has a partnership with Koenke Sports & Entertainment to be the exclusive gaming partner of the Avalanche, Nuggets, Colorado Mammoth, and the Pepsi Center itself.

All Colorado Sports Betting Sites

SportsBetting.com

Bonus: $150 deposit bonus

Retail Partner: Carousel Group (Johnny Nolon’s, Cripple Creek)

SportsBetting.com gives new players up to $150 dollar deposit bonus. New users who deposit $10+ will get 100% bet credit up to $150 dollars using our exclusive link right here.

BetMGM

Bonus: $500 Deposit Bonus

Retail Partner: Midnight Rose

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 Colorado, Indiana, New Jersey, and West Virginia.

BetMonarch

Retail Partner: Monarch Casino

Monarch Casino in Black Hawk launched BetMonarch in May 2020, the first fully in-house sportsbook in the state developed by a casino. It offers the sports and leagues you’d expect lines on, but it also has an advantage many other sportsbooks don’t: BetMonarch rewards points players accumulate through their play can earn free hotel stays, meals, and more.

FOX Bet

Retail Partner: Eldorado Resorts (Caesars Entertainment)

Fox Bet’s local gaming partner is the Lady Luck Casino in Black Hawk, owned by Eldorado Resorts, which recently acquired gaming giant Caesars Entertainment, as well as the Isle Casino. Fox Bet has some solid bonus offers, including a $1,000 sign-up bonus ($500 risk-free bet + 100% match bonus of up to $500). In addition to the standard slate of sports to bet on, Fox Bet offers a wide range of betting boost, which are riskier, but could be lucrative wagers for lucky bettors.

SBK Sportsbook

Retail Partner: Christmas Casino*

SBK Sportsbook by Smarkets has a different approach to setting odds from most sportsbooks. Rather than making its money tilting the odds in its favor, SBK charges a 2% commission on bettors’ net winnings. The odds are then created as a consensus is slowly reached among where bettors are putting their money. SBK is a bit light on welcome bonuses, but it does offer a refund of the first $20 in lost bets over multiple bets.

Sky Ute SportsBook

Retail Partner: Sky Ute Casino

The launch of Sky Ute SportsBook made a bit of history for Colorado sports betting as the first tribal-owned casino in the state to launch its own sportsbook. Being on tribal lands, Sky Ute isn’t beholden to Colorado state laws governing odds, so they say their lines are some of the best in the state. Bettors can fund an account and start betting with just $25.

Circa Sports

Retail Partner: Century Casinos

Circa Sports, a Las Vegas-based sports wagering operator, was the first partnership agreement struck by Century Casinos, which operates two eponymous casinos in Colorado, one in Black Hawk, the other in Cripple Creek. Circa Sports is partnered with the Cripple Creek location, so that’s where eventual Circa-branded kiosks and windows will most likely be located. Circa offers multiple deposit and withdraw options, and has some of the best odds on favorite to win bets of any CO sportsbook.

BetWildwood

Retail Partner: Wildwood Casino

Cripple Creek’s first retail sportsbook, Woody’s at Wildwood, was also the first self-launched app by a casino in Colorado’s southern gambling resort town. BetWildwood offers sports bettors moneyline and spread bets on a variety of sports, and has live in-game betting for many. There are numerous deposit/withdrawal options, and it offers new members a $50 free bet.

ELITE Sportsbook

Retail Partner: Red Dolly Casino

ELITE Sportsbook was the 11th sportsbook to launch in Colorado. Bettors can start placing wagers on its website or through the app right now. ELITE Sportsbook offers bettors a variety of prop bets and parlays, and promotions will be available, including a sign-up bonus worth up to $1,000 in free bets. The company says it will be the only sportsbook in the state to offer a progressive parlay.

theScore Bet

Retail Partner: Jacobs Entertainment

theScore bet is a popular sports betting platform that launched in Colorado in September through its partnership with Jacobs Entertainment, which owns and operates the Lodge Casino and Gilpin Casino, both in Black Hawk. theScore debuted in New Jersey in 2019, the first ever sportsbook launched by a North American Media company, Score Media.

Betfred

Best New Online Sports Betting Sites

Retail Partner: Saratoga Casino

Betfred, a major player in the United Kingdom sports betting market, expanded into the US in 2020, with the first Betfred USA sportsbook opening at Iowa’s Grand Falls Casino. The brand’s second US location is Colorado. Saratoga Casino has partnered with Betfred USA for its sports betting platform. Betfred operates more than 1,500 locations in the UK. Betfred’s sportsbook was the very first retail window to open in Colorado, giving it a first-mover advantage.

Not-Yet-Launched Sportsbooks

Barstool Sports (Penn National Gaming)

Retail Partner: Ameristar Casino

Penn National, which operates the Ameristar Casino Black Hawk, has brought its Barstool Sports sportsbook brand to Colorado and soon will open branded retail sportsbook windows at Ameristar, the largest casino in the state. Ameristar soft-launched a self-branded sportsbook this summer, so bettors can place bets in person for now until the Barstool Sports app launches.

Twin River Worldwide Holdings

Two of the biggest names in mobile sports betting will come to Colorado via Twin River Worldwide Holdings, which has been awarded three master licenses from the CLGCC.

Twin River (operating as Premier Entertainment Black Hawk in Colorado), has announced partnerships with both FanDuel Sportsbook and DraftKings Sportsbook, the two companies leading the market so far in open mobile sports betting markets in the US.

Three Colorado land-based casinos (Golden Gates, Golden Gulch, and Mardi Gras) were purchased by Twin River in January, with the intent of using those properties in partnership with FanDuel and DraftKings to bring sports betting to Colorado.

Online Sports Betting Partnerships

Guide To Betting Online In Colorado

Although Colorado’s sportsbooks are each uniquely branded, there are similarities between each sportsbook. Here are a few things bettors can expect no matter where they wager.

Common Sportsbook Bonuses

When bettors create sportsbook accounts, they’re often offered welcome bonuses. These bonuses incentivize bettors to place wagers and continue placing bets long after the first one is settled. The most common bonuses in Colorado are deposit bonuses and risk-free bets.

Deposit bonuses usually require bettors to deposit funds into their accounts. (There are also deposit bonuses that award site credits upon signup, but they’re usually tiny–less than $50.) Most deposit bonuses will match bettor deposits at a certain rate. For example, Fox Bet has a 50% deposit rate. That means for every $2 bettors deposit, Fox Bet will give a bettor $1 in site credits. That allows bettors to deposit at their own pace and place larger bets with less risk.

However, these deposit bonuses usually max out at $250 to $500. Sportsbooks can’t award site credits indefinitely.

Many sportsbooks also offer risk-free bets. They’re bets that get refunded if bettors lose a bet. FanDuel offers a risk-free bet of up to $500. If a bettor’s first wager is $500 and it loses, then that bettor will get $500 back in site credits. However, the risk-free bet is only good for the first bet. So, a $50 that loses would only get $50 of site credits back. Risk-free bets are popular choices for sportsbooks to offer, but they don’t allow bettors to wager at their own paces like deposit bonuses.

Colorado Teams That Can And Can’t Be Bet On

There are many different sports to bet on, but Coloradans have their favorite teams. The Broncos will have lines available during the NFL season. They’ll have moneylines and point spreads ripe for enthusiastic betting. There are plenty of prop bets and futures that’ll be available on the Broncos, too.

A Colorado list of teams wouldn’t be complete without the other three main sports, though. The Colorado Rockies, Colorado Avalanche, and the Denver Nuggets are huge draws for sports fans across the state. All of them are fair game for sports betting, too.

College teams are fair game for certain types of bets, too. The Colorado Buffaloes are one of Colorado’s most popular teams, whether it’s CU’s football or basketball teams. Bettors will have the standard moneylines, spreads, and futures available as the professional teams offer.

However, Colorado sportsbooks won’t offer prop bets on college games. Colorado’s Division of Gaming prohibits prop bets on college games. It likely arises from a compromise with the NCAA, which is adamantly opposed to sports betting. Bettors shouldn’t be surprised when they don’t find sports betting on college teams.

What Is The Status Of Esports In Colorado?

Colorado not only allows esports betting. It also counts esports among its authorized sports catalog. The Division of Gaming’s rules stipulate that the Division will regulate sports and bets. That way, no one can make up a sport or bet that cons bettors out of their money. Sports matches must have clear, consistent rules to ensure bettors can understand how their wager will play out throughout the game. Bets must have similarly clear rules. Otherwise, sports betting wouldn’t be fair to bettors.

Sportsbooks Coming Soon To Colorado

There are two sportsbooks that are in other states but could come to Colorado next. The first one is Golden Nugget. It’s available in New Jersey, but it doesn’t have a partnership in Colorado yet. The second is Parx. It has an online casino and sportsbook in Pennsylvania, another prominent sports betting state.

However, the full list is anyone’s guess. There will likely be more than two dozen online sportsbooks in Colorado by the time everyone arrives.

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Legal Vs Illegal Sports Betting In Colorado

Sports betting used to be an illegal activity in all but four states. Sports bettors’ only options were illegal sportsbooks and bookies. If there was a bookie or website that bettors created relationships with, it could be hard for some of them to leave. However, legal sports betting sites are superior to illegal sites.

Legal sportsbooks are required to have a cash reserve so it can pay their winning bets out. Think about what happens if an underdog with long odds comes through. A futures bet with +5,000 odds will drain a sportsbook’s cash reserve quickly. Licensed sportsbooks have a formula set by the Colorado Division of Gaming to determine how much cash to have on hand.

In contrast, local bookies may not have that kind of cash on hand. They could be collecting bets informally at the bar with a makeshift business. In that case, there’s nothing stopping them from pocketing bettor money. Even if they’re reliable, they may get stretched too thin and be unable to pay out winnings. If that happens, bettors have no legal recourse because betting with a bookie is illegal in Colorado. They’re stuck without their winnings.

The worst-case scenario is a bookie that works for a crime syndicate. Your bookie may be cool, but his employers may come after bettors who bet on credit and don’t repay their debts. Bettors in good standing may also fund human and drug trafficking unknowingly. Licensed sportsbooks’ transparency ensures bettors don’t fall into these traps.

How Do I Know Online Sportsbooks Are Fair?

Online sportsbooks aren’t all shady offshore websites. However, new bettors may struggle to tell the difference between the two. Here’s how bettors can know they’re betting at a legitimate company.

Who Regulates Legal Online Sportsbooks?

The Colorado Division of Gaming regulates all the sportsbooks in Colorado. It’s a government agency that awards licenses, establishes rules, and enforces industry guidelines. The Division of Gaming also has resources for sports betting operators and customers alike, creating a transparent environment for all industry players.

Before sportsbooks are licensed, the Division of Gaming thoroughly examines each applicant. That includes financial statements, background checks, and a complete record of lawsuits the applicant was involved in. And if a sportsbook doesn’t pay out winnings, the Division of Gaming is a bettor’s next stop. It has processes in place to keep sports betting safe and fair across the board.

Why Should I Trust Online Sportsbooks?

Before they go live, online sportsbooks submit to a security audit. It ensures the sportsbook can protect sensitive bettor information. The sportsbook hires an independent auditor who submits her findings to the Division of Gaming. If the auditor finds areas of improvement, she’ll list them in the report as well.

The Division won’t award a license to a sportsbook that can’t protect its bettors’ information. Since bettors submit their banking information during registration, sportsbooks need top-notch security in place. Bettors can rest assured that by the time they place a wager, their sportsbook of choice is prepared to protect their data.

How Do I Get Paid If I Win?

Sportsbooks make transferring money in and out of the sportsbook account easy. They know no one wants to bet at a sportsbook that makes handling money a hassle. If bettors win, they’ll have cash moved into their sportsbook account. From there, it’s usually as easy as hitting ‘withdraw’ and moving money to their bank or PayPal account. There are other options too, but no one’s using 7-Eleven’s cash withdrawal option during a pandemic.

In short, bettors can get paid from the app. They just have to win, which is win. Best of luck to all the aspiring bettors out there!

Online Sports Betting FAQs

Online sports betting is new to Colorado, so bettors may have a few clouds of doubt about the industry. Here are some common questions we can clear up at the end.

Yes, you can register online and start betting anywhere in Colorado. You only need to be physically within the Colorado border to place wagers.

Moneylines, spreads, prop bets, and futures are legal on professional teams. However, Colorado bettors cannot place prop bets on college games. All bets are prohibited on high school games. (No one seriously thought DraftKings would have lines on their daughter’s softball game, did they?)

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Yes. Because the Buffs are a PAC-12 team, college sports is a big draw in Colorado. And that’s before factoring in all their popular opponents. Everything besides prop bets is fair game on college sports.

Yes. Several sportsbooks have esports sections in their apps. If the pandemic shuts down major sports again, bettors may end up relying on the esports section to get their betting fixes. Counter Strike, anyone?

10%. The taxes largely go to water conservation projects in Colorado. Since Colorado shares water with seven other states, it’s a lot more than an environmentalist cause. It’s a precious resource that’s being funded by a portion of every bet.

Licensed Casinos and established sportsbook companies. Unless aspiring entrepreneurs have all the pieces of their business in place, they can’t complete the license. It wouldn’t be impossible for someone to start a sportsbook in Colorado. However, it would require a massive cash infusion upfront. The sports betting market is largely inaccessible to companies without a track record.

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Yes. It was also one of the first sportsbooks to do so.