• Betfred Betting App
• Betfred Slots
• Betfred Uk

Betting options on the SBK app Available sports and markets to wager on. First and foremost, we can confirm that the SBK app is rather extensive from a sports betting perspective. With common markets such as moneyline, spread, handicaps, and accumulators in place for over 20 sports, users of the app are rarely short on options. Betfred Sports Betting App. Welcome to Betfred Sports, where new customers can claim our exclusive NEW CUSTOMER OFFER to use on football and other sporting events. Grab yourself £30 in FREE bets. Betfred was founded by Fred Done back in 1967 and the company is still owned by him today, making it the largest independent retail bookmaker in the UK. Its online betting site hosts a sportsbook as well. Join Betfred today for all the latest betting with live odds. Bet £10 Get £30 in FREE bets on any Premier League team to win this weekend. Quick Withdrawal. Wind Creek Casino.

What was once a single betting shop in the United Kingdom is now one of the world’s most recognizable sports betting brands. Founded by Fred Done in the 1960’s, Betfred has grown into a global sports betting powerhouse. Now, with the legal landscape broadening in the United States, Betfred has crossed the Atlantic. Betfred online sportsbook is now legal, licensed, and accepting bets in numerous states.

Follow along as we recap the Betfred brand, discussing important promotions, bonuses, registration, and the all important Betfred promo codes.

Betfred Bonus Code

The available Betfred welcome bonus may deviate based on the state you are attempting to bet in. However, the most common offer is as follows:

Betfred $500 Risk-Free Bet

The most common offer in Betfred states will gift new bettors with a $500 risk-free bet promotion. It’s pretty simple to follow and take part in. After creating a Betfred account, make a deposit and place your first bet. If the initial bet loses, you will be refunded the full amount of the wager (up to a max of $500) in free bets. With this welcome bonus you either start a winner, or get a second chance to do so.

Any free bets earned through this promotion will be credited to your account within 72 hours of the wager settling, and will arrive in $100 increments. For example, if your risk-free wager was for $375 (and it lost) you would receive three $100 bets and a $75 bet. Be sure to put the free wagers in play soon, too, as they will expire 7 days after being credited. Also of note, the value of the free bet won’t be returned after a successful wager – only the profit.

$200 Wager Match in Iowa

Deviating from the standard risk-free offer, Iowans instead have access to a $200 wager match. After creating your account, head to the ‘Bonuses’ area of your Betfred Iowa account and activate the match offer. Next, place your bet up to the promo max of $200 and Betfred will comp you a bonus of equal value. Any bonus dollars must be used within 7 days, and cannot themselves be withdrawn. Use them once (1x) to convert them to real cash.

100% up to $400 Match in PA

Through its partnership with Wind Creek Bethlehem, new bettors in Pennsylvania can take in a 100% up to $400 deposit match bonus. The bonus is awarded as ‘Bonus Bets’, and has an excellent 1x playthrough rate. Use the bonus once and the winnings are yours to keep.

• $500 Risk-Free Bet
• Bonus Code: SAOBONUS
• CO/IA/PA

Betfred Online Sportsbook Sign up

Account creation? It’s a snap. You’ll be browsing the sportsbook, ready to place bets in no-time. Follow these quick steps to get started with Betfred sportsbook.

Step 1 – Select any of our unique download links that are available on this page. They’ll direct you over to the Betfred Sportsbook homepage. Once you’ve landed, click the green ‘Register’ button in the top right corner.

Step 2 – Complete the registration form. This includes sections on Login Details, Personal Details, and Contact Details. As a new customer you will be asked to provide information that includes your legal name, address, phone number, date of birth, and the last 4 digits of your SSN. Be sure to enter our exclusive bonus code – SAOBONUS – in the ‘Bonus Code’ field (shown below) to claim the welcome offer.

Step 3 – Once you’ve filled in the necessary fields, click the green ‘Register’ button at the bottom of the page to lock it in.

Step 4 – Make your first deposit by selecting the ‘My Account’ button in the top right corner of the sportsbook and clicking ‘Cashier’. There you will find the available deposit methods. Once the account has been funded, you’re ready to bet.

Banking Options With Betfred

As mentioned above, the cashier is easily accessible through the ‘My Account’ button in the top-right corner of the Betfred online sportsbook. Ideally we’d see the banking area stocked with a few more options, but what Betfred does have works really well. Betfred users will have no problems getting money on to the site, or cashing out after a win. Available methods include:

• Betfred Prepaid Play+ Card – The prepaid play+ cards are essentially prepaid debit cards that you can easily fund through a bank transfer or ewallet, like PayPal. They are easy to move money to and from, and can actually be used as a stand alone card wherever Discover is accepted.
• PayNearMe – PayNearMe is an intriguing brick-and-mortar payment method that enables users to fund their account live, in-person, using cash. Not near a casino? No problem. PayNearMe works through local retail shops like 7-Eleven, CVS, and Family Dollar. Bring the PayNearMe barcode receipt to the register at a participating store and they can ring you up right there on the spot. Hand over the cash, and it’s available online in moments. PayNearMe is for deposits only.
• VIP Preferred e-check – With a few pieces of banking information you can facilitate transfers to and from your Betfred account using the VIP Preferred e-check service. It’s essentially an online check. Quick, easy, and to the point.

As for withdrawals, both the Prepaid Play+ Card and VIP Preferred can be used to work funds back to your bank account from the sportsbook. In addition, paper checks are also available as a payment method. It’ll take a little longer for them to cut you the check and send it over through the mail, but hey – it works.

Betfred Sportsbook Availability

Betfred is one of the hottest sportsbooks in the United States right now. Its American footprint is growing quickly with legal sports betting already underway in several states, and the company has lined up more to follow. Keep in mind each state will have slightly different rules due to local legislation. Here’s where you can bet right now with Betfred Sportsbook:

Iowa

Betfred took an unconventional route to the US. betting market. While most states connect through New Jersey, Betfred debuted first in Iowa. The company is licensed to accept bets in the Hawkeye State through an agreement with the Grand Falls Casino Resort, located in Larchwood, IA.

Bet-wise, Iowa is open to most wagers. In-game player props on amateur athletes (college sports, or events with athletes under 18) are one of the lone exceptions. In addition, you can’t bet on local Iowa college teams.

In-person registration is no longer necessary in Iowa. As of January 1, 2021, you can sign up with Betfred Sportsbook entirely online.

Colorado

Betfred launched online sports betting in Colorado on September 10th, 2020, through a partnership with the Saratoga Casino Black Hawk. An official partner of the state’s most popular sports franchise, the Denver Broncos, Betfred offers a stellar in-person betting experience at the Saratoga Casino on top of its online website and mobile app.

Colorado remains one of the best areas of the country for online sports betting. The state legalized wagering on just about everything. It offers unprecedented variety in both its available bets and markets.

Pennsylvania

Betfred joined the retail sports betting ranks in Pennsylvania in November ’20, alongside the Wind Creek Bethlehem. Online betting wasn’t far behind, hitting the market just before Christmas. Now live, Betfred PA offers action on a wide spectrum of events.

Notably, the online sports betting app and website are branded slightly differently in PA. They can be found under ‘Sportsbook at Wind Creek’, which is powered by Betfred. App downloads are available directly via the Betfred website.

Ways to Bet(fred)

Betfred online sportsbook can be accessed through a computer or mobile device. Which should you use? It really depends on the situation. Either way, you’re in good hands.

Web Browser

The Betfred website offers a clean, spacious betting experience. It’s not the prettiest, but it gets the job done and is packed with interesting data that enriches the overall appeal.

There’s a large banner along the top of the website that rotates through with various promotional offers. Don’t just tune it out, there’s some good stuff on display that savvy bettors would be wise to utilize. Below the banner is the in-play selection. Anything that’s already underway and open for “live betting” will be displayed here. Continue scrolling and you’ll find the most enticing upcoming games and sports. Overall, it’s an intuitive layout that packs a lot of betting options on to the homepage.

The left side of the screen is permanently populated by an easy-to-read menu that helps navigate the user to all of the available markets. Once you’ve narrowed down the right bet, click it, and it will appear on the right side of the screen as a part of the bet slip. It’s all pretty straight forward, in truth. The only aspect we weren’t a fan of was the bright, pastel green ‘Place Bet’ button that appears in the bottom right. With a white font it’s nearly illegible… but works just the same.

We mentioned this above in the state breakdown, but the PA is skinned a little bit differently due to its partnership in the state. Overall, the Betfred web browser based sportsbook is rock solid. If you have a computer and want a little more screen to work with – give it a try.

Betfred Mobile App

Working in conjunction with the web site, the Betfred mobile app is a great product. The overall layout isn’t dissimilar from the browser version. It’s got rotating banners and promos near the top, in-play bets below it, and popular sports just below that.

In lieu of a menu on the left side of the screen, the app builds them in at the top and bottom. You’ll find a list of popular menu options, an A-Z list of sports, and some other useful choices along the top. Similarly, along the bottom there are quick links to the bet slip, trending bets, and a full list of in-play options.

You can bet on everything that the web site offers via the mobile app. Functionally, they are no different. When betting just hit the wager with your finger and it auto-adds to your bet slip. Scroll to the bottom of the app and select the bet slip option to finalize the wager, or build it into a multi-part bet like a parlay.

Apple / iOS users can find the state-specific betfred apps listed right within the app store. Direct downloads are also available through the Betfred website – just select your state.

We recommend the mobile app for any and all betters. It’s a great tool for sports engagement that travels with you. Bet from the couch, the yard, the car, or even inside the stadium as you watch in-person.

Betfred Geoloaction

In addition to being aged 21+, both the web browser version of the sportsbook and the mobile app will require you to be physically present inside of a legal state in order to wager (see above for a list of legal states). If you aren’t inside these states, you can’t bet – period.

When accessing Betfred Sportsbook through a computer you will be required to download and install a geolocation plugin program for your computer to prove this condition. Using your WiFi connection, it can then accurately relay your position to the site so they can give you the green light to bet.

While wagering with the Betfred mobile app this geolocation process is a lot easier. Simply grant the app access to your phone or tablet’s location services and it can automatically tap into the built-in GPS. It’s all one seamless process.

• $500 Risk-Free Bet
• Bonus Code: SAOBONUS
• CO/IA/PA

FAQ

What is the age requirement for Betfred sportsbook?
21 years old. Only persons of age are eligible to place legal wagers.

What is the Betfred online sportsbook welcome bonus?
Most online sportsbooks have the same offer available for bettors in each state. However, Betfred is a little different in this regard. The company’s core bonus is a $500 risk-free bet, however, it may vary depending on your location. Check the table above on this page for a full bonus breakdown.

Where is Betfred online sportsbook legal?
Within the United States you can bet with Betfred while in Iowa, Colorado, and Pennsylvania. More states are on the way, too.

Is my money safe with Betfred?
Your money is 100% safe with Betfred Sportsbook. The company has a long track record as a trustworthy bookmaker dating back to the 60’s. In addition, Betfred will only operate in states where it has received express permission from that state’s regulatory body. Rest assured they have passed every test, and are rock solid.

What is the best Betfred Sportsbook bonus code?
Use code SAOBONUS during sign up (as instructed above) to secure the best possible Betfred welcome bonus.

Where is the Betfred Pennsylvania App?
Betfred operates in PA through an agreement with the Wind Creek Casino, but is actually using the casino’s branding. You can find a direct link to the Sportsbook at Wind Creek Bethlehem app by visiting the Betfred homepage and selecting “Pennsylvania”. The Wind Creek app is run by Betfred, and offers a very similar experience.

Colorado sports betting is a thriving ecosystem with new entrants emerging all the time. There are 16 live online sportsbooks in Colorado at the time of this writing, and over a dozen more sportsbook licenses up for grabs. The Colorado Limited Gaming Commission still has plenty of room to grow Colorado’s sportsbook industry, which got an impressive start out of the gate in its first months in business.

Most of Colorado’s sportsbooks are either standalone companies or the result of casino partnerships. DraftKings, FanDuel, and William Hill are companies whose core businesses are sportsbooks. However, Colorado’s homegrown casinos want in on the red-hot sports betting industry, too. Many have either partnered with sportsbook companies or developed their own. BetMonarch is one such sportsbook app that’s wholly owned and developed by Monarch Casino. Another is Sky Ute SportsBook, the first tribal-run sportsbook to launch in the state.

Online sports betting has taken off like a rocket in Colorado. That may be because it’s the safest betting option in the social distancing age. However, Colorado’s online sportsbooks are competitive choices for bettors’ funds. Here’s everything bettors need to know about them.

**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.

The Best Colorado Sports Betting Sites & Bonus Offers

• William Hill >> Claim $500 Free Bet With $250 Deposit
• BetRivers >> Claim 100% Deposit Match Bonus Up To $250
• FanDuel Sportsbook >> Claim A $1000 Risk-Free Bet
• PointsBet >> Claim $2000 In Two Risk-Free Bets With Bonus Code BIGBONUS
• DraftKings Sportsbook >> Claim 20% Deposit Match Bonus Up To $1000

Colorado Online Sports Betting Sites For February 2021

Pro sports got off to a late start this year due to the pandemic, and Colorado has mostly reopened since the March stay-at-home orders were rescinded. But even the lack of professional sports and the pandemic couldn’t deter Colorado from opening its first legal sportsbooks on May 1, or the bettors from flocking the newly launched sites and apps.

The launch of online sports betting in Colorado took some navigating, as officials grappled with the fallout from coronavirus. At the time of launch, there were few sports to bet on, but the market has done very well in the first months, even with bettors at first confined to wagering mostly on golf or table tennis. Here are the online sportsbooks who’ve secured partnerships in Colorado so far.

In addition to our top recommendations above, these are all of the sports betting apps in Colorado that are licensed, regulated in Colorado, and available for download:

The Best Colorado Online Sportsbooks (Ranked By Our Editors)

Best For New Bettors

$500 Free On $250 Deposit

Available On: Web, iOS, Android

Best For New Bettors

William Hill Colorado

4.7

An international sports betting brand, William Hill is taking its top-notch reputation to the US sports betting industry. Currently available in almost a dozen states, they offer all domestic and international sports odds. William Hill offers a $500 free bet to new bettors who deposit $250 or more.

William Hill Colorado

Bonus: 100% up to $500 on deposit

Retail Partner: Eldorado Resorts (Caesars Entertainment)

UK-headquartered William Hill is one of the biggest and most widely available sportsbooks in the US. Partnered locally with Eldorado Resorts (now Caesars Entertainment), William Hill kiosks have been available in Black Hawk since July, but the app didn’t launch until Sept. 8. New sign-ups can get up to a $500 risk-free bet with our exclusive link.

Best Mobile App

20% Deposit Bonus Up To $1000

Available On: Web, iOS, Android

Best Mobile App

DraftKings Colorado

4.9

DraftKings is one of the top US sports betting brands after making its name in the Daily Fantasy Sports industry. They offer one of the best mobile apps, with a easy-to-use interface. The interface makes it easy for new bettors to find sports, odds, and to place a bet. They offer a deposit bonus up to $1,000.

DraftKings Sportsbook Colorado

Bonus: 20% up to $1000 on deposit

Retail Partner: Mardi Gras Casino

DraftKings Sportsbook is one of the top US brands in sports betting, and it’s open for business for sports bettors in Colorado. Its variety of sports and lines are almost unmatched, and it offers some unique betting opportunities like teasers and parlays. It also has frequent bonuses and promotions.

Best Deposit Bonus

100% Deposit Bonus Up To $250

Available On: Web, iOS, Android

Best Deposit Bonus

BetRivers Colorado

4.7

BetRivers makes it easy to start betting in Colorado. New bettors can claim a 100% deposit match bonus up to $250 with only a 1x playthrough. This makes BetRivers Colorado the perfect choice for more casual bettors. For more experienced bettors, check out the BetRivers jackpot parlay bet.

BetRivers Colorado

Bonus: 100% up to $250 on deposit

Retail Partner: J.P. McGills

BetRivers is owned by Rush Street Interactive, which makes iGaming platforms in addition to its sportsbook offering. One of BetRivers’ differentiators is its extensive rewards system, which start at the basic level but top off at the “luxury” rewards for higher-tier wagers.

Best Betting Experience

$1000 Risk Free Bet Offer

Available On: Web, iOS, Android

Best Betting Experience

FanDuel Colorado

4.9

Much like DraftKings, FanDue Sportsbook made its name on Daily Fantasy Sports but now offers online sports betting across the US. The FanDuel Colorado app is one of the strongest in the state, with all major sports and some minor events as well. The interface is easy to understand the sportsbooks offers competitive odds.

FanDuel Sportsbook Colorado

Bonus: $1000 Risk-Free Bet

Retail Partner: Golden Gates Casino

Once known only for fantasy sports, FanDuel Sportsbook is all grown up, serving CO sports bettors 24 hours a day. FanDuel Sportsbooks has lines on MLB, NFL, NHL, and NBA, along with all kinds of other sports and events, both niche and mainstream. It has bets on the spread, the moneyline, halves and quarters of select games, and the over/under, and offers highly competitive odds in the CO sports betting landscape.

Best For Experienced Bettors

$2,000 In Two Risk Free Bets

Available On: Web, iOS, Android

Best For Experienced Bettors

PointsBet Colorado

4.9

Australian sports betting brand, PointsBet, is one of the newest sportsbooks to launch in Colorado. Offering competitive lines on US and international sports, PointsBet offers a high-risk, high-reward options for experienced bettors in their PointsBetting system.

PointsBet Colorado

Retail Partner: Double Eagle Casino

Australian-owned PointsBet is a mobile gaming partner of Double Eagle Casino in Cripple Creek. PointsBet was one of the first sports wagering companies to announce its intentions to operate in Colorado and was awarded an online license on March 19. They finally launched their online sportsbook app in November 2020.

PointsBet offers a unique winnings boost if your team wins big, called PointsBetting, offering multipliers for winning wagers based on the number of points a team wins a game. PointsBet also has a partnership with Koenke Sports & Entertainment to be the exclusive gaming partner of the Avalanche, Nuggets, Colorado Mammoth, and the Pepsi Center itself.

All Colorado Sports Betting Sites

SportsBetting.com

Bonus: $150 deposit bonus

Retail Partner: Carousel Group (Johnny Nolon’s, Cripple Creek)

SportsBetting.com gives new players up to $150 dollar deposit bonus. New users who deposit $10+ will get 100% bet credit up to $150 dollars using our exclusive link right here.

BetMGM

Bonus: $600 Risk Free Bet Bonus

Retail Partner: Midnight Rose

MGM is a premier name in gambling and entertainment, and its sports betting app BetMGM is available to CO sports bettors. BetMGM currently operates in almost a dozen countries including Colorado.

BetMonarch

Retail Partner: Monarch Casino

Monarch Casino in Black Hawk launched BetMonarch in May 2020, the first fully in-house sportsbook in the state developed by a casino. It offers the sports and leagues you’d expect lines on, but it also has an advantage many other sportsbooks don’t: BetMonarch rewards points players accumulate through their play can earn free hotel stays, meals, and more.

FOX Bet

Retail Partner: Eldorado Resorts (Caesars Entertainment)

Fox Bet’s local gaming partner is the Lady Luck Casino in Black Hawk, owned by Eldorado Resorts, which recently acquired gaming giant Caesars Entertainment, as well as the Isle Casino. Fox Bet has some solid bonus offers, including a $1,000 sign-up bonus ($500 risk-free bet + 100% match bonus of up to $500). In addition to the standard slate of sports to bet on, Fox Bet offers a wide range of betting boost, which are riskier, but could be lucrative wagers for lucky bettors.

SBK Sportsbook

Retail Partner: Christmas Casino*

SBK Sportsbook by Smarkets has a different approach to setting odds from most sportsbooks. Rather than making its money tilting the odds in its favor, SBK charges a 2% commission on bettors’ net winnings. The odds are then created as a consensus is slowly reached among where bettors are putting their money. SBK is a bit light on welcome bonuses, but it does offer a refund of the first $20 in lost bets over multiple bets.

Sky Ute SportsBook

Retail Partner: Sky Ute Casino

The launch of Sky Ute SportsBook made a bit of history for Colorado sports betting as the first tribal-owned casino in the state to launch its own sportsbook. Being on tribal lands, Sky Ute isn’t beholden to Colorado state laws governing odds, so they say their lines are some of the best in the state. Bettors can fund an account and start betting with just $25.

Circa Sports

Retail Partner: Century Casinos

Circa Sports, a Las Vegas-based sports wagering operator, was the first partnership agreement struck by Century Casinos, which operates two eponymous casinos in Colorado, one in Black Hawk, the other in Cripple Creek. Circa Sports is partnered with the Cripple Creek location, so that’s where eventual Circa-branded kiosks and windows will most likely be located. Circa offers multiple deposit and withdraw options, and has some of the best odds on favorite to win bets of any CO sportsbook.

BetWildwood

Retail Partner: Wildwood Casino

Cripple Creek’s first retail sportsbook, Woody’s at Wildwood, was also the first self-launched app by a casino in Colorado’s southern gambling resort town. BetWildwood offers sports bettors moneyline and spread bets on a variety of sports, and has live in-game betting for many. There are numerous deposit/withdrawal options, and it offers new members a $50 free bet.

ELITE Sportsbook

Retail Partner: Red Dolly Casino

ELITE Sportsbook was the 11th sportsbook to launch in Colorado. Bettors can start placing wagers on its website or through the app right now. ELITE Sportsbook offers bettors a variety of prop bets and parlays, and promotions will be available, including a sign-up bonus worth up to $1,000 in free bets. The company says it will be the only sportsbook in the state to offer a progressive parlay.

theScore Bet

Retail Partner: Jacobs Entertainment

theScore bet is a popular sports betting platform that launched in Colorado in September through its partnership with Jacobs Entertainment, which owns and operates the Lodge Casino and Gilpin Casino, both in Black Hawk. theScore debuted in New Jersey in 2019, the first ever sportsbook launched by a North American Media company, Score Media.

Betfred

Retail Partner: Saratoga Casino

Betfred, a major player in the United Kingdom sports betting market, expanded into the US in 2020, with the first Betfred USA sportsbook opening at Iowa’s Grand Falls Casino. The brand’s second US location is Colorado. Saratoga Casino has partnered with Betfred USA for its sports betting platform. Betfred operates more than 1,500 locations in the UK. Betfred’s sportsbook was the very first retail window to open in Colorado, giving it a first-mover advantage.

Not-Yet-Launched Sportsbooks

Barstool Sports (Penn National Gaming)

Retail Partner: Ameristar Casino

Penn National, which operates the Ameristar Casino Black Hawk, has brought its Barstool Sports sportsbook brand to Colorado and soon will open branded retail sportsbook windows at Ameristar, the largest casino in the state. Ameristar soft-launched a self-branded sportsbook this summer, so bettors can place bets in person for now until the Barstool Sports app launches.

Twin River Worldwide Holdings

Two of the biggest names in mobile sports betting will come to Colorado via Twin River Worldwide Holdings, which has been awarded three master licenses from the CLGCC.

Twin River (operating as Premier Entertainment Black Hawk in Colorado), has announced partnerships with both FanDuel Sportsbook and DraftKings Sportsbook, the two companies leading the market so far in open mobile sports betting markets in the US.

Three Colorado land-based casinos (Golden Gates, Golden Gulch, and Mardi Gras) were purchased by Twin River in January, with the intent of using those properties in partnership with FanDuel and DraftKings to bring sports betting to Colorado.

Online Sports Betting Partnerships

Guide To Betting Online In Colorado

Although Colorado’s sportsbooks are each uniquely branded, there are similarities between each sportsbook. Here are a few things bettors can expect no matter where they wager.

Common Sportsbook Bonuses

When bettors create sportsbook accounts, they’re often offered welcome bonuses. These bonuses incentivize bettors to place wagers and continue placing bets long after the first one is settled. The most common bonuses in Colorado are deposit bonuses and risk-free bets.

Deposit bonuses usually require bettors to deposit funds into their accounts. (There are also deposit bonuses that award site credits upon signup, but they’re usually tiny–less than $50.) Most deposit bonuses will match bettor deposits at a certain rate. For example, Fox Bet has a 50% deposit rate. That means for every $2 bettors deposit, Fox Bet will give a bettor $1 in site credits. That allows bettors to deposit at their own pace and place larger bets with less risk.

However, these deposit bonuses usually max out at $250 to $500. Sportsbooks can’t award site credits indefinitely.

Many sportsbooks also offer risk-free bets. They’re bets that get refunded if bettors lose a bet. FanDuel offers a risk-free bet of up to $500. If a bettor’s first wager is $500 and it loses, then that bettor will get $500 back in site credits. However, the risk-free bet is only good for the first bet. So, a $50 that loses would only get $50 of site credits back. Risk-free bets are popular choices for sportsbooks to offer, but they don’t allow bettors to wager at their own paces like deposit bonuses.

Colorado Teams That Can And Can’t Be Bet On

There are many different sports to bet on, but Coloradans have their favorite teams. The Broncos will have lines available during the NFL season. They’ll have moneylines and point spreads ripe for enthusiastic betting. There are plenty of prop bets and futures that’ll be available on the Broncos, too.

A Colorado list of teams wouldn’t be complete without the other three main sports, though. The Colorado Rockies, Colorado Avalanche, and the Denver Nuggets are huge draws for sports fans across the state. All of them are fair game for sports betting, too.

College teams are fair game for certain types of bets, too. The Colorado Buffaloes are one of Colorado’s most popular teams, whether it’s CU’s football or basketball teams. Bettors will have the standard moneylines, spreads, and futures available as the professional teams offer.

Betfred Betting App

However, Colorado sportsbooks won’t offer prop bets on college games. Colorado’s Division of Gaming prohibits prop bets on college games. It likely arises from a compromise with the NCAA, which is adamantly opposed to sports betting. Bettors shouldn’t be surprised when they don’t find sports betting on college teams.

What Is The Status Of Esports In Colorado?

Colorado not only allows esports betting. It also counts esports among its authorized sports catalog. The Division of Gaming’s rules stipulate that the Division will regulate sports and bets. That way, no one can make up a sport or bet that cons bettors out of their money. Sports matches must have clear, consistent rules to ensure bettors can understand how their wager will play out throughout the game. Bets must have similarly clear rules. Otherwise, sports betting wouldn’t be fair to bettors.

Sportsbooks Coming Soon To Colorado

There are two sportsbooks that are in other states but could come to Colorado next. The first one is Golden Nugget. It’s available in New Jersey, but it doesn’t have a partnership in Colorado yet. The second is Parx. It has an online casino and sportsbook in Pennsylvania, another prominent sports betting state.

However, the full list is anyone’s guess. There will likely be more than two dozen online sportsbooks in Colorado by the time everyone arrives.

Legal Vs Illegal Sports Betting In Colorado

Sports betting used to be an illegal activity in all but four states. Sports bettors’ only options were illegal sportsbooks and bookies. If there was a bookie or website that bettors created relationships with, it could be hard for some of them to leave. However, legal sports betting sites are superior to illegal sites.

Legal sportsbooks are required to have a cash reserve so it can pay their winning bets out. Think about what happens if an underdog with long odds comes through. A futures bet with +5,000 odds will drain a sportsbook’s cash reserve quickly. Licensed sportsbooks have a formula set by the Colorado Division of Gaming to determine how much cash to have on hand.

In contrast, local bookies may not have that kind of cash on hand. They could be collecting bets informally at the bar with a makeshift business. In that case, there’s nothing stopping them from pocketing bettor money. Even if they’re reliable, they may get stretched too thin and be unable to pay out winnings. If that happens, bettors have no legal recourse because betting with a bookie is illegal in Colorado. They’re stuck without their winnings.

The worst-case scenario is a bookie that works for a crime syndicate. Your bookie may be cool, but his employers may come after bettors who bet on credit and don’t repay their debts. Bettors in good standing may also fund human and drug trafficking unknowingly. Licensed sportsbooks’ transparency ensures bettors don’t fall into these traps.

How Do I Know Online Sportsbooks Are Fair?

Online sportsbooks aren’t all shady offshore websites. However, new bettors may struggle to tell the difference between the two. Here’s how bettors can know they’re betting at a legitimate company.

Who Regulates Legal Online Sportsbooks?

The Colorado Division of Gaming regulates all the sportsbooks in Colorado. It’s a government agency that awards licenses, establishes rules, and enforces industry guidelines. The Division of Gaming also has resources for sports betting operators and customers alike, creating a transparent environment for all industry players.

Before sportsbooks are licensed, the Division of Gaming thoroughly examines each applicant. That includes financial statements, background checks, and a complete record of lawsuits the applicant was involved in. And if a sportsbook doesn’t pay out winnings, the Division of Gaming is a bettor’s next stop. It has processes in place to keep sports betting safe and fair across the board.

Why Should I Trust Online Sportsbooks?

Before they go live, online sportsbooks submit to a security audit. It ensures the sportsbook can protect sensitive bettor information. The sportsbook hires an independent auditor who submits her findings to the Division of Gaming. If the auditor finds areas of improvement, she’ll list them in the report as well.

The Division won’t award a license to a sportsbook that can’t protect its bettors’ information. Since bettors submit their banking information during registration, sportsbooks need top-notch security in place. Bettors can rest assured that by the time they place a wager, their sportsbook of choice is prepared to protect their data.

How Do I Get Paid If I Win?

Sportsbooks make transferring money in and out of the sportsbook account easy. They know no one wants to bet at a sportsbook that makes handling money a hassle. If bettors win, they’ll have cash moved into their sportsbook account. From there, it’s usually as easy as hitting ‘withdraw’ and moving money to their bank or PayPal account. There are other options too, but no one’s using 7-Eleven’s cash withdrawal option during a pandemic.

In short, bettors can get paid from the app. They just have to win, which is win. Best of luck to all the aspiring bettors out there!

Online Sports Betting FAQs

Online sports betting is new to Colorado, so bettors may have a few clouds of doubt about the industry. Here are some common questions we can clear up at the end.

Yes, you can register online and start betting anywhere in Colorado. You only need to be physically within the Colorado border to place wagers.

Moneylines, spreads, prop bets, and futures are legal on professional teams. However, Colorado bettors cannot place prop bets on college games. All bets are prohibited on high school games. (No one seriously thought DraftKings would have lines on their daughter’s softball game, did they?)

Yes. Because the Buffs are a PAC-12 team, college sports is a big draw in Colorado. And that’s before factoring in all their popular opponents. Everything besides prop bets is fair game on college sports.

Yes. Several sportsbooks have esports sections in their apps. If the pandemic shuts down major sports again, bettors may end up relying on the esports section to get their betting fixes. Counter Strike, anyone?

10%. The taxes largely go to water conservation projects in Colorado. Since Colorado shares water with seven other states, it’s a lot more than an environmentalist cause. It’s a precious resource that’s being funded by a portion of every bet.

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Licensed Casinos and established sportsbook companies. Unless aspiring entrepreneurs have all the pieces of their business in place, they can’t complete the license. It wouldn’t be impossible for someone to start a sportsbook in Colorado. However, it would require a massive cash infusion upfront. The sports betting market is largely inaccessible to companies without a track record.

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Yes. It was also one of the first sportsbooks to do so.