Legal Sports Betting For Colorado Residents
Legal sports betting for Colorado residents is on its way. The times have changed in the United States and sports gambling laws are being introduced all over the country. Colorado is part of the lucky few that have lawmakers that are willing to pass sports betting legislation. But, it's not a done deal just yet. The voters of Colorado must decide for themselves if they want sportsbooks to open up in the state. Once the people of Colorado vote yes to legalize sports betting, the process can begin to open sportsbooks all over the state.
But what do you do until then? Do you wait for state-based sportsbooks to open up or do you have to travel to another state to make a bet? While both are options, going to an online offshore sportsbook is far easier. Online sportsbooks are readily available for Colorado residents to use and they are accepting sports bets right now. This may leave you with a couple of questions and we are glad to answer them. If you have any questions about the legality of sports gambling in Colorado or how to make a bet right now this page was created to provide you all the answers you will need.
Can I Now Legally Bet On Sports In Colorado?
Yes, you can now legally bet on sports in Colorado. Now, where you can legally bet in Colorado is a different story. Although lawmakers have passed sports gambling laws, it is not a done deal until the voters living in the state votes in favor of the amendment. Until then, no one can legally operate a sportsbook in Colorado. But that doesn’t mean that sports betting in itself is against the law. You just need to find an alternative source to gamble. That is where online offshore sportsbooks come in. They have been available for well over a decade and are legally able to accept sports bets from Colorado residents. So long as you use our recommended sites, you are legally betting on sports in Colorado.
Officially, there are no new sports betting laws in Colorado right now. Even though lawmakers passed CO HB 19-1372 to legalize sports betting, it is not official just yet. The next step that needs to happen is that the voters of Colorado must decide for themselves whether or not if they want to introduce sportsbooks in the state. It is very possible that Colorado voters could vote against sports betting. As soon as we know the results of the vote, we will update this page to let you know. If it does pass, you can expect sportsbooks to open in three gambling towns in the state. Plus, online and mobile sports gambling will be introduced. If you are a Colorado resident and you have the ability to vote, make sure you go to the polls in November to formally say you support sports betting.
Is Online Sports Betting Legal in Colorado?
Yes, online sports betting is legal in Colorado. This, however, is thanks to a technicality. Right now, there are no state-licensed online sportsbooks or apps that are available in Colorado. As we have already said on this page, the voters of the state must choose to allow sports betting to happen before online sportsbooks can take place. That doesn’t mean you cannot place a bet in Colorado. Residents are welcome to place wagers at any online sportsbook that accepts American bets. These online offshore sportsbooks are completely legal for you to use and will be the best way to place a bet on your favorite sports, even after sportsbooks become available in Colorado.
You will absolutely not go to jail for online sports betting in Colorado. Although the sports betting laws have not become official until voters of the state pass these laws, sports betting in itself isn’t against the law. In fact, you can legally bet on sports right now thanks to online offshore sportsbooks. Even if you ignore that part, the fact of the matter is that lawmakers are legalizing sportsbooks. Why would they do that if you could go to jail for betting on sports? The only way you can end up in legal trouble for sports betting is by using a bookie, so stay as far away from them as possible.
Select a site that allows bets on the sports you love, and one with a promotional program that could put a little extra change in your bankroll. All sportsbooks on this site have tons of bets available on professional and collegiate sports in Colorado. You will want a sportsbook to provide you with the most amount of options for you to bet on. In that case, sticking with our recommended online offshore sportsbooks is the best way for you to know that you are going to a quality sportsbook.
How Do I Know if a Sportsbook Accepts Bets from Colorado?
If a sports betting site is open to US citizens, it also accepts bets from Colorado residents. The online offshore sportsbooks we recommend are not only the safest and best sportsbooks in the industry, but they all accept bets from Colorado residents. Look below to see our list of recommended betting sites taking wagers from Colorado to begin your sports betting career.
Bovada's sportsbook is easily one of the best. If you are going play through a sportsbook, this should be the one to join. Bovada has given their users access to a number of different options, including bets on sports from all over the world. This can be as common as the NFL or something less common, like cricket or even badminton. We have made it a point to test Bovada's sportsbook, and we have found that their sportsbook is one of the most generous. Bovada offers a 50% to $250 match bonus, which will give you a significant advantage over the odds. Deposit methods include VISA, Mastercard, and Bitcoin, which means you do not have to stress overloading your account. In the end, you will never have to worry about anything other than hitting the odds - something we are sure you will appreciate.
With BetOnline, you will be treating yourself to one of the more apt sportsbooks around. BetOnline provides their players with one of the more versatile lists of bets, with players able to access bets on most sports. There are not actually any entertainment or political bets, which has made BetOnline one of the best locations for sports betting. They have a solid deposit bonus, which can be collected on the first deposit and every deposit thereafter. BetOnline has a 50% match up to $1,000, which can be used to hit the lines - even their high playing parlays - with a bit of extra cash. Just use the promo code BOL1000 at the cashier to claim the bonus. BetOnline has given their users one of the most generous sets of bonuses and bets, and we can tell you that this is a solid choice for all of your gaming.
There are so many different teams here in Colorado in different sports which means money can be made all year long betting on these teams. The number one thing that players look for when trying to search for a sportsbook is having betting options. MyBookie is one of the sites that offer different betting options in all games. The live betting and mobile betting feature on MyBookie has all of these and also have banking methods that make it easier for players to put money on their account. Signing up here and betting on your home state teams like the Denver Broncos or the Denver Nuggets will be fun with MyBookie so hurry and get an account before the games kick-off.
Federal laws are those passed by the United States Congress. These laws have jurisdiction over all US states and territories, and there are several that are specifically geared towards sports betting in the US. Legal Colorado sports betting is impacted by all of them in different ways.
The Professional and Amateur Sports Protection Act is no longer effective, but you may still want to know the background of the law. From 1992 to 2018, PASPA prevented 46 states from regulating sports betting, Colorado among them. This law pretty much limited sports betting to four states, two of which caused Montana and Oregon to stop offering the activity. PASPA locked the four exempt states into the style of sports betting that was legalized prior to PASPA being signed into law, so Delaware was only allowed to offer NFL parlay cards, while Nevada was allowed to offer to wager on everything because they fully legalized sports betting in the ’40s. On May 14th, 2018, PASPA and its prohibitions were found unconstitutional by the United States Supreme Court. This allowed states to choose for themselves to pass sports gambling laws and that is why Colorado is on the cusp of having state-licensed sportsbooks.
Next is the Wire Act. This law was actually passed in the early ’60s as part of a series of anti-racketeering laws. The Wire Act does not target the bettor. Rather, it prevents bookmakers from accepting wagers made by someone in another state over a wire of communication. The Wire Act prevents bets from crossing state lines and keeps the action contained to very specific areas in the US. The Wire Act does not prevent actual betting. It just severely limits sports betting options. The Wire Act is why you cannot call up a sportsbook in a legal state to place your bets. It does not prevent you from making an online bet while you are in a legal state, so as more states legalize sports betting, The Wire Act loses power.
Finally, there is the Unlawful Internet Gambling Enforcement Act, the UIGEA. In this law, you’ll find language that prohibits operators of online offshore gambling sites from accepting bets and deposits made by US players. Only parts of this law are enforceable, however. Because a US law does not have jurisdiction over offshore companies, it cannot direct what that company does. So, the UIGEA is nothing more than a banking regulation. US banks can decline payments made to online gambling sites if they suspect that that is where the transaction is going. But you can’t get in trouble for using an online, offshore gambling website.
As you can see, all three target the people who take wagers or regulate sports betting. They don’t prevent you from betting on sports. So, these laws do impact sports betting in Colorado, but they don’t prevent anything from being done. They just kind of limit where you’re betting. If you use an online, offshore sportsbook for your legal Colorado sports betting, you will not face any consequences.
When you go to bet at an online sportsbook, it is important to make sure that their age requirement matches up with that of the one in your state. Most books only require you to be 18 to sign up and create an account. The legal sports betting age in Colorado is 21. We recommend that you wait until you turn 21 in order to participate in legal Colorado sports betting.
Most legal Colorado sports betting sites will have mobile apps or versions of their site that are compatible with mobile devices. But it’s the best online sportsbooks that offer promotions for players who use their mobile sites. If you’re constantly on your phone, you should sign up for a book that provides a bonus for using the mobile betting site. When Colorado residents formally legalize state-licensed sportsbooks, the number of mobile sports betting sites will drastically increase. Exciting times are coming for Colorado sports betting.
How Should Colorado Citizens Pick An Online Sportsbook?
The most important thing to look for in an online sportsbook is whether or not it takes US bettors. If it does, then check the sports you can bet on. At legal Colorado sportsbooks, you should be able to bet on all sorts of events. Online sportsbooks with promotions like a welcome bonus and corresponding deposit bonuses and free play credits are also good to sign up. At the end of the day, though, it’s all about finding a book that offers you what you want to do.
How Do I Know if a Sportsbook Accepts Bets from Colorado?
You’ll know if a legal sports betting site accepts Colorado residents by looking at their about page. There, they’ll tell you if they accept bettors from your country. If a sports betting site is open to US citizens, it also accepts bets from Colorado residents. All of the sites recommended on this page are legal sports betting sites in Colorado.
How Can I Make A Deposit At An Online Sportsbook?
Making a deposit is relatively easy at a legal Colorado sports betting site. When you log on to your online sportsbook, you’ll see a “cashier” tab. There, you’ll find a list of deposit methods. Just choose one, follow the directions on the page, and your deposit will be credited to your account in no time. The most common deposit methods at online sports betting sites are credit cards and digital currencies.
How Long Should It Take For The Sportsbook Payout To Reach Me?
The expected payout time will be listed next to the method you choose in the cashier tab. When you choose a method, it will provide a timeline for when the payment will reach you, especially if you’re using a legal Colorado sports betting site. You can always contact the customer service line at the sportsbook and see how long a chosen method will take to reach you if you don’t want to look it up on the site.
What Are The Fees To Withdraw At Colorado Sports Betting Sites?
Each legal Colorado sports betting site is different when it comes to charging fees. The ones listed on this site will offer one free payout every 30 days or calendar month. Aside from that, fees are specified to the payout type, so the fee for a bitcoin withdrawal is different from that of a check sent by express courier. Fee schedules for withdrawals will be listed on the cashier tab of each online sportsbook.