Colorado made online sports betting legal in May 2020. Since then, numerous online sports betting platforms have gone live, allowing those in the state to sign up and place bets on various sports. The state has a few restrictions on how betting can occur, but the rules are no difficult to follow and are simply in place to protect bettors.
To place a legal bet online in Colorado, you’ll need to be at least 21 years old. You’ll also need to make sure that the Colorado Limited Gaming Control Commission licenses the site you’re betting on. Lastly, you’ll also need to be within the state borders when you place your bet. All Colorado online betting sites check the user’s location before they place a bet to make sure that they’re in the state.
Colorado betting apps and betting sites give you lots of options to have fun while betting online. If you’re new to online betting and want to know more about how to find a good site and how to place bets, we’ve written up a full guide below.
How to Choose a Good Colorado Sportsbook
To place legal bets in Colorado, you’ll need to sign up to a licensed Colorado sports betting site. There are lots of different sites available which each offer different features and bonuses. Most sites offer the same markets and sports, but sometimes you can get slightly different odds between different online sportsbooks.
Find a good site to sign up to by first checking that the site has a Colorado Limited Gaming Control Commission license. You’ll also want to take a look at whether the site has the kind of sports you like to watch and bet on. Most sites feature all the major sports such as football, basketball, and baseball, but if you like to bet on niche events like eSports, you may have to look around.
The last thing to look for when choosing a sportsbook is the bonus. Almost every sportsbook offers a welcome bonus to first-time signups. This is usually in the form of a matched deposit bonus or free bets. To claim the bonus, you’ll normally have to sign up and make at least one deposit. Be careful to always read the terms and conditions, as most bonuses will come with stipulations on how you can use them.
How to Place a Bet
Once you’ve signed up to the sportsbook of your choice and made a deposit, you’ll be ready to start placing some bets. Betting is simple and online sportsbooks always make it as easy as possible for users to sign up and place bets. First, you’ll need to find the sport you want to bet on. Depending on the site you use and the sport you’re looking for, this could be on the main page, or it might be deeper in the site.
Look at the sports categories to find all the different sports and the option you’re looking for. Colorado sportsbooks offer bets on most major sports. Then you can search by the specific league, with most major US and international leagues covered in popular sports.
Once you’ve found the exact event or events you’re looking for, you can select the betting option you’d like to place a bet on. You can bet on different markets, including the result, score, first-time and half-time score, and over or under a certain number of points. Major events will also include proposition bets such as a certain player to score a certain number of points.
Find the option you’d like to place your bet on and click on it to add it to your virtual bet slip. From here, you can adjust the stake before confirming your bet. The stake is then removed from your account, and you won’t get it back until your bet wins. Make sure you check the odds when you bet so you know how much you can potentially win before you place your bet.