Colorado Sports Betting

Recent news and details about sports betting in Colorado

A bill legalizing sports gambling in Colorado will be on the ballot in November 2019. The bill, entitled H 1327, passed through the Colorado House and the Senate’s Finance and Appropriations committees in under two weeks.

If the public votes in favor of the bill, we could see legal sports gambling in the Rocky Mountain State by May of 2020.

What still needs to happen?

It will be up to the voters of Colorado to decide if they want to legalize sports gambling in their state.

But even if sports gambling is legalized in November, it could be restricted to the three mountainous towns (Black Hawk, Central City, and Cripple Creek) where gambling is already legal. According to the Colorado Gaming Association, the casinos in those towns will have the exclusive right to offer live sports betting, absent a new agreement.

The bill would allow for three different types of licenses, including a “Master license,” “Sports betting operator,” and “Internet sports betting operator.” The bill makes it possible for legislators to approve statewide mobile wagering, which would certainly overcome the difficulties of reaching those towns.

Voters established a reluctance to expand gambling beyond those towns with a 70 percent decision against a proposal to expand racetrack casinos in 2014.

But much has changed since then and Colorado is one of 22 states currently exploring the possibility of legalizing sports gambling to generate revenue.

Projected Colorado sports betting launch date

While sports gambling could technically still be legalized without voter approval, the ramifications of that type of decision without voter approval would be pervasive.

If the people vote in favor in November, Colorado sports betting could be legal next spring.

Colorado Sports Betting FAQ

Is sports betting legal in Colorado?

While there is race track betting in Colorado’s 33 casinos, live sports betting remains illegal.

Can I bet online on my phone in Colorado?

It is possible to bet online via offshore betting sites, but the legal, New Jersey-based sportsbook apps like DraftKings and FanDuel are not yet accepting bets from Colorado. The new bill in Colorado includes a provision for statewide online wagering.

When will sports betting be legal in Colorado?

If approved by voters during the November elections, a bill legalizing sports gambling could become active by May of 2020.

Is any gambling legal in Colorado?

Colorado law allows for “social gambling” between private parties, and the state’s 33 casinos offer gambling on horse racing, as well as slots and table games.

What is the legal gambling age in Colorado?

The legal gambling age in Colorado is 18 for lottery and bingo, but 21 for horse racing and casino games. The gambling age for live sports betting would also be 21.

Is Bovada legal in Colorado?

Bovada, like MyBookie, is an unregulated, offshore sportsbook. As such, it is not legal in Colorado or anywhere in the United States.

By betting with offshore sites you are putting your money at risk of being locked or stolen as it is not being protected by US law.

Can I bet with my friends legally in Colorado?

Yes, there is a “Social Gambling Exception” under current Colorado law that allows parties with a “bona fide social relationship” to bet with each other, i.e. friends that have more in common than their shared interest in sports betting.

Recent Colorado News

Rocky Mountain Aye: Colorado Sports Betting Bill Approved By Senate

May 3, 2019

Voters will decide the fate of Colorado sports betting this fall if Gov. Jared Polis signs a bill passed Friday by the state legislature. The Colorado Senate approved H 1327, a sports betting bill referring to matter to the fall ballot.

The post Rocky Mountain Aye: Colorado Sports Betting Bill Approved By Senate appeared first on Legal Sports Report.

Will There Be Things To Do In Denver When You Bet? Colorado Sports Betting Bill Speeding Along

April 29, 2019

An effort to send Colorado sports betting to the ballot this fall is zipping through the state legislature this month. Just two weeks after being introduced, H 1327 cleared the House last week and appears on its way to the Senate floor.

The post Will There Be Things To Do In Denver When You Bet? Colorado Sports Betting Bill Speeding Along appeared first on Legal Sports Report.

Last-Ditch Effort To Jump-Start Colorado Sports Betting Afoot In Legislature

April 16, 2019

The list of states considering sports betting bills is set to increase once again, as lawmakers in Colorado work to finalize language for introduction.

The post Last-Ditch Effort To Jump-Start Colorado Sports Betting Afoot In Legislature appeared first on Legal Sports Report.