Colorado allows gambling in casinos and online sports betting and is moving towards allowing online casino wagering.

Colorado legalized online sports betting on May 1, 2020, meaning anyone within the Colorado state limit can now gamble legally on sports from the comfort of their own home.

The following sportsbooks are currently available in Colorado:

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How to Bet Online in Colorado

Online betting is a novelty in Colorado with the state only legalizing sports betting via websites or apps in May 2020.

However, the precedents for betting on sports online in other states have been set and Colorado has chosen to follow these. This means that anyone who is within Colorado state lines can place a bet, regardless of whether or not they are a Colorado resident.

The most important factor for the regulators and, therefore, for the sportsbooks is proving that the person placing the bet is over 21 (see below) and that they are within the Colorado state lines.

Like the pioneer states of New Jersey and Pennsylvania, Colorado have adopted GeoComply in order to verify the location of their sports bettors. This piece of software detects the location where a sports bet is being placed and can ensure that someone using a Colorado sports betting app is inside of Colorado.

GeoComply is built into all Colorado sports betting apps, so there is no requirement to download any additional software if wagering on a mobile device. If you are playing on a desktop or laptop computer then you must download the GeoComply software once, but that is enough for multiple different sited. For example, if you download GeoComply when opening a FOXbet account in Colorado, then you need not download again when opening an account at DraftKings Colorado.

Opening an Online Casino Account in Colorado

Opening an online casino account is a very simple process but can require some basic verification checks, which are done in order to protect both the casino and the player. These will always be done either on initial registration of an account, or before a first wager is processed, in order to ensure that the casino is not accepting bets from players who are ineligible to wager at Colorado Casinos.

The basic requirements for opening an Online Betting account in Colorado are:

  • Player Must be Over 21
  • Player Must be a Resident of United States of America
  • Player Must be Within Colorado State Lines When Playing
  • Player Must Not Be Self-Excluded of Banned from Gambling
  • Player Must Not Already Have an Account at the Online Casino
  • Player Must be Funding His/Her Own Gambling Wagering

The above requirements are done by providing the casino with the following information, which will be required on sign up for all Colorado Betting Casino accounts:

  • Name
  • Address
  • Date of Birth
  • Last 4 Digits of Social Security Number
  • Payment or Banking Information

When providing this information, the casino can verify the identity of a player and that they are eligible to bet online.

Verifying Your Online Betting Account

Many people balk at the idea of being asked to provide additional verification documents for online betting but everything is done in order to comply with the Colorado gambling laws.

The Casinos themselves are duty bound to handle all information with care and must never divulge any details to any third parties. The same security and safety procedures that are in place when you share your information with the Casino or Hotel in Colorado are in place for protecting player data online as well.

The Casino may, therefore, request the following verification information:

  • Copy of Passport
  • Copy of Driving License
  • Utility Bill
  • Social Security Number

These documents are used to check against databases for identification purposes and to verify that no-one is either trying to open an account fraudulently in someone else’s name, or that the player has either been banned or excluded from gaming at Colorado gambling outlets.

Funding Online Betting in Colorado

As with all forms of banking or money transfer, there are strict regulations around funding online betting accounts in Colorado. These are often down to neither the state nor the casinos themselves, but the banks, who haven’t managed to yet catch up with the online betting bills.

Unfortunately, many banks still class casinos as a form of money advancement and individual banks have their own rules regarding whether you can use a Credit Card, Debit Card or an ACH Transfer in order to fund your online betting account.

Our advice is to instead use the likes of PayPal, Skrill or one of the Play+ Cards offered by the casinos themselves. These can all be funded by any form of payment and will allow for near instant withdrawal either at ATMs or to use the funds online for purchases.

Free Bets Available to Colorado Residents

As sports betting is very new, there are often special introductory offers available for those looking to try out this new pastime without risking their own funds, or before linking a bank account to a sportsbook.

Colorado Online Gambling History

Colorado has allowed pool betting on horse races since 1949 and has had a state lottery since 1983. Slowly, casino gambling emerged in the state after the federal government passed the Indian Gaming Regulatory Act in 1988.

However, Colorado gambling kicked off for good in 1991 when the cities of Black Hawk, Central City and Cripple Creek were allowed to open gambling operations in an attempt to save the cities’ disastrous local economies at the time.

In these three cities, slots, blackjack and poker were permitted, but single bets could not exceed $5. These rules were in place to try and strike a balance between economic improvement in the local areas and responsible gambling by its people. Small casinos continued to open up under these restrictions in Black Hawk, Central City and Cripple Creek.

Now, there are 33 casino locations across the three cities. In 2008, amendment 50 was implemented in Colorado and gamblers were now able to play a wider variety of casino games, could bet up to $100 at a time and casinos could stay open 24/7 if they wished.

In addition to casinos, Colorado is home to 13 horse racing locations where visitors can make bets.

Now, sports betting has finally arrived in the Centennial State. The majority of Colorado’s 33 casinos have already applied for sports betting master licenses, and the addition to the state’s gambling landscape seems to be a very welcome one.

Back in the day, Black Hawk, Central City and Cripple Creek benefitted massively from the legalization of casino gambling. The Colorado economy is expected to reap the benefits of sports betting in a similar fashion.

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