Colorado Sports Betting Sites + Online Sportsbooks

With how popular sports betting has become in Colorado, many residents are looking for information on where they can bet and how. Many others are also concerned about the legality of the issue. As sports betting continues to gain popularity throughout the country it becomes more and more important for this information to be readily available to any and all residents in need of it. While the U.S. has many laws concerning sports betting, it can be difficult to understand what these laws mean, and often times the laws aren't very well defined leading to conflict and controversy even among the legislators who passed the bill.

This page aims to give a basic overview of the legality of Colorado sports betting sites and really help any resident of Colorado that wants to bet on one of these sites find a safe site that will help them as they learn about sports betting. Things like what sportsbooks to use, how to keep your account secure, and what sports betting bonuses are will all be covered. Any new Colorado player would benefit from reviewing the information below.

Other Colorado Gambling Sites: Online Casinos - Online Poker

Is Online Sports Betting Legal in Colorado

According to U.S. law and Colorado state law, it is illegal to operate or own an online sportsbook from inside the state or even the country. That is why all of the online sportsbooks of today are licensed outside of the country. Every major sportsbook that operates in the U.S today is located in a country where sports betting is legal, meaning U.S. law has no jurisdiction over it and Colorado residents are free to use it. Many wonder if that means that bettors in Colorado could be targeted, however Colorado state law primarily targets bookmakers rather than the bettors themselves. As far as the law goes, Colorado may be one of the safest states for online bettors.

More Help: Gambling Laws In Colorado

Best Colorado Online Sportsbooks

Below are some of the best sites in the entire U.S. for sports betting. These sites have gained the trust of tens of thousands of U.S. residents and many Colorado players have also decided to use one these illustrious sites. These are the online sportsbooks that have been in operation for a decade or more and have fine-tuned all aspects of their network to make sure they are lean mean sports betting machines. While there may be other sites on the web that are as safe as these sites, none will match the quality of these sites.

Bovada Sportsbook

Rejoice for out of all the gambling sites taking Colorado players, Bovada is one of the most highly praised when it comes to sports wagering. How does a sportsbook come upon such praise? While normally the just the fact that they have been providing residents of Colorado with sports betting for more than 20 years would be enough, the most common reason Bovada is at the front of the pack is their great dedication to providing new and interesting ways to bet on sports.

One of the newest innovations to hit the sports betting scene is live betting and Bovada was one of the first sites to jump at the opportunity to offer it to players. Essentially live betting is making every game more intense by adding smaller bets on events that happen throughout the game. These bets can be decided in minutes meaning big winnings can be just around the corner or at the end of this half. It truly is a most interesting experience that keeps the game exciting the whole way through.

BetOnline Sportsbook

BetOnline is popular as one of the most versatile sportsbooks for Colorado residents on the web. The reason is they offer many more withdrawal options than any of the other available sports betting sites. In total more than 8 different options await bettors that come to BetOnline and many of the options offer higher payouts than the competition.

Because BetOnline has so many options for payouts, they also have quite a few payout methods that are received within 24 hours. They strive to offer the quickest payouts of any site with only their checks method taking more than a couple of days. In addition to this they offer one free payout each 30 day period. Some examples of their great payout methods include Person to Person, Bank wire, eWallets, and even the interesting new online currency bitcoin. BetOnline has always put their customers first and their policies on payouts show that.

5Dimes Sportsbook

5Dimes is one of those diamond in the rough sites. They aren't often found or talked about but those who do use 5Dimes attest that it is one of the best sports betting sites in recent history. Starting way back in 1995, 5Dimes has had a lot of time to make sure their sportsbook is one of the best Colorado online sportsbooks.

One of the most popular features of their site is the diverse wagering options. Many bettors tire of the same old options that every sportsbook constantly uses and reuses. While the common wager types like single bets, parlays, and the slightly more rare teasers will still be found at 5Dimes, they add in some interesting additions and tweaks like pleasers, reverses, if-bets, and even Asian handicaps. Heck, bettors that work at an office with a large sports following can even set up an office pool through 5Dimes. While other sites are a dime a dozen there is only one 5Dimes.

Legal Sports Betting Sites For Colorado Residents
Best Colorado Sportsbooks Initial Deposit Bonus Mobile Wagering Visit
Bovada Sportsbook 50% up to $250 Yes, All Devices VISIT
BetOnline Sportsbook 25% to $1,000 - "FIRST" Yes, All Devices VISIT
SportsBetting Sportsbook 50% up to $500 - "SB50" Yes, All Devices VISIT
5Dimes Sportsbook 50% to $200, 20% to $500 after Yes, Phone-in Too VISIT
Frequently Asked Questions: Sports Wagering in Colorado

Q: What exactly does Colorado law say about sports bettors?

A: Colorado law at most mentions penalties for professional gamblers. While this may seem like it would apply to anyone hoping to make money off of sports betting, the actual definition is much narrower. Colorado state law specifies that someone is guilty of being a professional gambler if they entice others to bet and stand to make a profit off of them. Or, they have a higher chance of winning than other people gambling or betting with them. Essentially this means casual sports bettors are fine, it is only bookmakers or owners of gambling rings that are at risk.

Q: Do these sites accept credit cards?

A: While it certainly isn't universal, most sites will accept some form of credit card. The important thing to note with credit cards is making sure that the site accepts a specific card and also ensuring that online and international transactions can be done on the card. If the card can't do even one of these kinds of purchases it will not work for online sports betting.

Q: Where are these sites located?

A: Every site is located in a different area and licensed by a different company. It all depends on where the owners of the site decided would fit their needs best and what license would provide them with the freedoms they needed to operate their site. Typically these sites end up in Canada, Panama, or the Netherlands.

Q: How do I register with these online sportsbooks?

A: In order to register for a site players need to click on the register button up near right corner of the page. There residents of Colorado will need to fill in information about themselves that will help the site verify their information, mail payouts, and just general contact about promotions or issues. Then the user will often need to verify their e-mail and after this final step are ready to deposit.

Q: Will my information be safe on these sites?

A: All sports betting sites take privacy very seriously. A reputable site will never be caught selling or leaking client information to any source and once information is submitted it is kept safe on their databases which are heavily secured. Most sited don't save credit card information to avoid any possible thefts of said information.

Bet On Colorado Sports