Sports Betting
Whether you’re a seasoned bettor or an absolute newcomer, Colorado sports betting is a great way to place wagers on your favorite sports teams. The state offers bets on a variety of sports, including soccer, basketball, boxing, volleyball, motor racing, tennis, golf, rugby and more. The Colorado Limited Gaming Control Commission oversees the licensing and regulation of sportsbooks.
Colorado sports betting is expected to expand in the coming years. By December 2021, total legal wagering in the state is expected to reach $5 billion. This is expected to increase to almost $7 billion by 2022. The total number of active sportsbooks is expected to increase to more than 26.
In order to place a wager in Colorado, you will need to create an account with an authorized sportsbook app. These apps will need your information, including your full name, email address and address. You may also be asked for your last four digits of your Social Security number to verify your age.
Colorado Sports Betting
You can also deposit and withdraw funds from your account via your bank account or an e-wallet. PayPal is one of the easiest ways to do so. You can also take advantage of a first-time deposit bonus. You will have to wager the bonus within a specified timeframe. However, e-checks can take between one and five days to process.
In addition to a first-time deposit bonus, Colorado sportsbooks will offer a number of promotions and incentives. Some will offer reload bonuses for existing accounts. You can also find loyalty programs with perks such as hotel perks, cash prizes, and more.
Colorado sportsbooks will also offer parlay insurance, which reimburses a wager if a four-team parlay fails. There are also odds boosts, which offer bigger odds than usual on specific teams. This is popular with some of the larger US sports betting sites. It’s important to remember that boosts should be fair and transparent.
Sportsbooks in Colorado are expected to offer teasers, totals, moneylines, and parlays. Colorado bettors will also be able to bet on professional sports, such as soccer, basketball and hockey. They will also be able to place wagers on minor sports, such as baseball, football and golf.
You will also find that Colorado sportsbooks offer in-game bets. This is a great way to place wagers while watching a game. There are also a number of sportsbooks that have partnered with professional teams such as the Denver Nuggets and Colorado State University football team. They will accept bets on these teams, as well as other college sports.
Colorado sports betting is a relatively new market, and it’s only a short time since it was legalized. The state was able to get the bill passed in November of 2019, and will have legal sports betting in place by May of 2020. As the market continues to develop, more and more online sportsbooks will be launching in the state.
The state’s sports betting laws are extremely industry-friendly. They allow bettors to place wagers anywhere in the state. The laws also allow for wagering on sanctioned video game sports.