Sports Betting in Colorado
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NBA Sports Betting Will Be Legal: TBD

Colorado Sports Betting: The Best Colorado Betting Sites for 2019

At the time of writing sports betting in Colorado was still illegal. Nevertheless, it seems as though moves are underfoot to enable such activities to begin. On April 18, 2019 seven lawmakers introduced a new bill that could finally bring the Colorado sports betting industry to life. The proposed law is the House Bill 18-1327. It proposes to decriminalize the practice and offer a limited number of licenses to allow wagering to take place. It is an incredibly encouraging trend and signals a positive move for the sector.

Gambling Laws in Colorado

Colorado’s Constitution has long allowed some forms of gambling to take place in the state, something we discussed in greater detail on our dedicated Colorado gambling page. These include things like lottery, social gambling, and live and off-track betting on horse racing. These are regulated by the Department of Revenue’s Division of Gaming and also the Limited Gaming Commission. Despite these positives for the industry, online gambling remains illegal in the state. The federal law titled, the Unlawful Gambling Enforcement Act 2006, means that players cannot use credit cards, or other electronic methods to pay for bets. What’s more, there does not seem to be a move towards allowing this in the state.

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Most Popular Sports in Colorado

Residents of Colorado love sports, from horse riding to snowboarding. There is a multitude of different sports they can partake in, regardless of the season and location, and there is something for everybody. There is also a wealth of professional teams situated in the state, and all draw massive crowds. American Football and the NFL is one of the most popular leagues, closely followed by soccer and the MLS and ice hockey and the NHL. Not many states in the US can boast such a diverse offering and is a testament to how big the fanbase in the state is.

Major League Soccer – Colorado Rapids

Based out of Commerce City, the Colorado Rapids are a professional soccer team playing in the Western Conference of the MLS since 1996. They have won the MLS Cup one time in their history with a 2-1 win over Dallas FC, and Conor Casey providing a pivotal role in the game. They currently play in the Dick’s Sporting Goods Park, an 18,061-seater stadium. Tim Howard is the biggest star, but in recent times legends of the game such as Kevin Doyle, Zat Knight, and Sean St Ledger have all appeared for the team.

National Football League – Denver Broncos

One of the most famed franchises in the NFL, the Denver Broncos, residents of Mile High stadium have long received the admiration of Coloradans. With Super Bowl Championships coming in 1997, 1998, and 2015, and 22 playoff appearances overall the fanbase has surely received its fair share of success. There is one true legend of Denver, and that is John Elway, who led the team to success in the ’80s and 90s as a QB, and now again as General Manager. The 2000s saw the team suffer, eventually revived by Tim Tebow, and then Peyton Manning, to bring them where they are today.

National Hockey League – Colorado Avalanche

Founded in 1972 as the Quebec Nordiques, they eventually moved to Denver in 1995 and rebranded themselves as the Colorado Avalanche. Thanks to the Eric Lindros trade in 1992, they had begun a rise from the doldrums. Their first season in Denver they won the Stanley Cup and repeated the feat in 2001. The man that is the epitome of Denver hockey is Joe Sakic, a player from 1995-2009, and General Manager since 2014, he has had his number 19 retired. Others to grace the ice include Peter Forsberg, Milan Hejduk, and Patrick Roy. Although the team has been in decline since the early 2000s, they are hoping for a change in fortune soon.

National Basketball League – Denver Nuggets

One of the biggest sports markets in the US is basketball and the NBA. Since 1976 the Denver Nuggets have taken part in the league’s Western Conference Northwest Division. They are the least successful sports franchise in Colorada and have never won a championship. Hope has been spurred in 2019 however, with the team advancing to the playoffs. Perhaps the biggest star to have played for the team is Carmelo Anthony, who was drafted by them and played between 2003-2011. Denver fans are still waiting for the chance to celebrate and hope that their fortunes will change soon enough.

History of Sports Betting in Colorado

Historically sports betting has been frowned upon in the state of Colorado. Casinos were allowed but under no circumstances was sports betting a part of that. Recently, the trend seems to have changed, with Daily Fantasy being allowed in 2016, and in 2019, a new bill was proposed that would allow sports betting to take place if approved. It seems to be a matter of time before it is legalised.

Colorado Sports Betting History
1991 Legal casino gambling begins in Colorado with 11 land-based casinos. Sports betting is still illegal, however.
2006 The Unlawful Internet Gambling Enforcement Act makes it illegal to place payments or settle bets online.
2016 Governor John W. Hickenlooper signs the act to legalize daily fantasy sports in Colorado.
2019 House Bill 19-1327 is introduced – the bill would make it legal for limited number of sports betting licenses if approved.

Legal Online Sports Betting Age in Colorado

As you are not legally allowed to bet on sports in Colorado there is no official age for doing so. However, if it were to be legal, it seems it could follow suit with other age control limits imposed in the state. Both alcohol and the marijuana herb are subjected to age restrictions of 21. So, it would seem this would be the natural rule to follow, when sports betting is legalized in the future.

  • Sports Betting Age
    There is currently no age, as there is no legal sports gambling in Colorado.
  • Alcohol Age
    The legal drinking age is 21 in Colorado.
  • Marijuana Age
    You can legally smoke marijuana and hemp in Colorado if you are 21 years of age.

The aforementioned 2006 federal law forbids any form of online sports betting in the US. However, some states have rallied against this. Some such as Delaware, and New Jersey allow online betting. If you were physically in these states, then it would be legal. However, if you are accessing sites from Colorada it does remain illegal. It seems a matter of time before some form of federal law is revised, however up until that time only a select few havens remain a safe place to play online.

Taxes on Your Winnings: Do You Have to Pay Anything?

As it is still not legal, there is no definitive way to say how your winnings would be taxed. However, it would be astute to suggest that there will be some form of taxation. In Europe many countries follow the method of imposing a 5% duty on all winnings, no matter how big or small. This could be an attractive proposal as it would guarantee income for the state and generate lots of revenue to be spent elsewhere. It remains to be seen what will be implemented.

Upcoming Changes in Colorado Betting Law

As we have already mentioned, on April 18, 2019, a new bill was proposed by seven lawmakers, the House Bill 19-1327. If passed this would genuinely alter the landscape when it comes to sports betting in Colorado and would legalise it for those with licenses. Although it remains unclear how this would affect online betting, it is an encouraging development for sports fans. Changes could be coming in force in the next few years – we will keep you updated. Also stay posted on the news that concern other states. You could check the latest about sports betting in Delaware. It has been a long time in the making but marks a national trend that many States have started to adopt.

Sports Betting Guides for Nearby States

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