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Home BETTING

Online Sports Betting in Colorado

Abraham Marshall by Abraham Marshall
2021/08/13 | 9:01 am
in BETTING
Reading Time: 4 mins read
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Online Sports Betting in Colorado

Source: europeanbusinessreview.com

The United States of America is without any doubt one of, if not the, sportiest nations in the world. We hardly need any further evidence that points towards this than the fact that they usually win the most medals at any Olympic Games, as well as that they are in the very top in numerous different sporting disciplines. It helps that the country is among the biggest and most diverse in the world, but their success in sports is also a testament to their understanding and approach to sport.

In the USA, it is also largely about the business and the entertainment of it all. Sports have grown beyond the athlete aspect and became a major part of culture in different ways than in other countries. While the fans and their views are different among the different states, it all comes down to having a good time and thinking of an average sports event as an entertainment experience, not only the fact that the best athletes in the world are competing.

Be that as it may, one side of it is largely the same as in other corners of the world. That is of course sports betting. Among the 50 states, there are various laws and regulations that overlook and dictate what and how the bettors have to do as well as the business the betting houses and services do. For the purposes of this article, we will be focusing on the state of Colorado. Sports and sports betting are both big in this beautiful state so if you want to learn more about it, make sure to check out SuperBook.

Colorado and Sports

Source: dailyherald.com

Colorado is a very special state when it comes to sports. When it comes to the number of people living inside its borders, the state is the least populous state in the whole of USA that has a professional sporting franchise in all four major American sports leagues. These sports include basketball (NBA), baseball (MLB), football (NFL), and hockey (NHL). The fifth sport currently on the rise mostly due to the recent successes of men’s and women’s national teams, is soccer (MLS).

Luckily for the Coloradans, they have a team to support in all five of these. Denver Nuggets, Colorado Rockies, Denver Broncos, and Colorado Avalanche all enjoy a lot of love and respect among the crowds. Regarding soccer, the Colorado Rapids are also very popular at the moment. Other teams are also actively competing in other major and minor leagues, and there are development and colleague competitions worth checking out too.

Regarding the top teams, the Nuggets have given the fans and bettors of the state the most reason to feel good and earn some money. Not only do they have the reigning MVP in Nikola Jokic in their ranks, but they have been enjoying quite a few good seasons where they were in the top of the more difficult Western Conference. All that needs to be said regarding their success is the fact that, for a few seasons now, the team legitimate contender for the NBA trophy.

The Broncos, Rockies, and the Avalanche have had mixed results in the past with the Broncos winning the Super Bowl in 2015.  The Avalanche have two Stanley Cups, the last one coming in 2001, while the Rockies and the Rapids are still to win big. Despite the mixed results, the people love cheering on, attending, and supporting their teams. Even people from surrounding states like Colorado franchises. All of this contributes to the growing interest in sports betting, particularly the online variety.

The Current Situation

Source: istockphoto.com

Now that we have discussed the teams and established that the state loves its sports, let us check on the sports betting and gambling situation within the state. First of all, it should be said that sports betting is fully legal in Colorado. However, it is a relatively new thing in the state since it was only approved in November of 2019. Retail and online betting on sports has been made legal and widely available starting on May 1, 2023.

Considering how popular it has been from the very start, there is not an abundance of ways and places you can bet on sports, especially on live events. The go-to way most bettors do it is through their mobile devices.  All you need is internet access and an account with the right betting service. It is easy, fast, and straightforward.

Best of all, it is secure and trustworthy. On the other hand, if you prefer the good old brick and mortar casino feeling, you can go to more than 30 casinos in Colorado and place bets there. Sportsbooks are present in all of them and they offer a way to any gambler or bettor to place bets on their favorite teams, players, and outcomes.

Doing it Online

Source: theconversation.com

Regarding the online form of sports betting, which is how most Coloradans do it, you can choose between a number of well-known services and bookies. Draftkings, Fanduel, Caesars, Pointsbet, Fox Bet, Betrivers, and BET MGM are arguably the best choices to go with if you want risk-free betting with deposit bonuses and the best user experience. These are also the best reviewed services right now.

There are some guidelines to follow and things to keep in check though. The trick is that you have to be physically present in Colorado in order to gamble on sports online. You do not have to be a citizen though, but you absolutely must be older than 21. When taxes are concerned, it is 10%, among the most favorable in the country.

Colorado is therefore one of the best and most advantageous states to bet on sports in the whole of the USA. Lastly, you should know that it is not possible to bet on high school sports in Colorado. Now that you are familiar with all the little details, all that is left for you to do is pick the place where you want to bet, deposit your initial amount, and pick the upcoming sporting events to wager on. A world of possibilities awaits you!

Tags: BettingColoradoonlineSportUSA
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