Best New Betting Offers
At BettingOffers.org.uk, we showcase the latest betting offers from leading UK online betting sites and bookmakers. And unlike most betting guides, we list all offers – not just the ones for new customers.
Exclusive New Free Bets & No Deposit Offers from UK bookies: 50+ Signup Offers and Betting Bonuses from the Best UK Bookies - £1700+ of Free Bets. Bet365 - The best online betting offer. Enjoy the best offers in the market with Bet365. At Betting Scanner, we have been really impressed with PointsBet's product for Illinois customers. The online sportsbook is easy to sign-up to and offers the best welcome bonus in the state. Also, for Chicago Bears fans PointsBet is an absolute must after the sportsbook became their official sponsor in 2020.
Below you’ll find a list of the best free bets currently available – these are introductory offers that can only be claimed when signing up (hence ‘sign up bonus’ or SUB). If you don’t have accounts with the bookmakers and betting sites in the table, we strongly recommend getting one as they are not only some of the best bookies on the web, but they also offer a large majority of the cashback offers that we list elsewhere on the site. For a larger list of free bet bonuses, head on over to our free bets page.
Jump to:Free Bets Casino Offers New Betting Sites Major Events
Best Free Bet Offers For New Customers
Alternatively, keep scrolling for some casino bonuses…
Casino Sign Up Offers
- For more bonuses see our dedicated casino offers section
New Betting Sites For 2020
Below you’ll find details of the latest betting sites and online bookmakers to launch, or open their doors to the UK market. Just like the rest of the site we’ve carefully vetted each and every site before adding them so even though they’re new, they still come with our stamp of approval.
Sport Nation represent one of the best new betting sites that we've seen in a long time. They are well funded and run on SB Tech which is packed full of features and markets and the same platform that sites like 10bet use. It's also refreshing to see that they don't scrimp on the loyalty offers either.
If you’re looking for a bigger list of new sites as well as some hints and tips on what to look for in a younger bookie, head on over to our new sites page.
This Week in Sport: 8th to 14th February 2021
We have plenty to look forward to in the upcoming week in sport. There is the fifth round of the Emirates FA Cup, the usual feast of Premier League and EFL Championship football for football fans to enjoy. Elsewhere, the 2021 Six Nations Championship continues on Saturday and Sunday, while the AT&T Pebble Beach Pro-Am tournament tees off this Thursday on the PGA Tour.
FA Cup: Which Clubs Will Progress to the Last Eight?
We have reached the last 16 of this season’s FA Cup, with all eight matches taking place in midweek. Burnley and Bournemouth kick things off with a tie at Turf Moor on Tuesday before Premier League sides Manchester United and West Ham United meet at Old Trafford.
Four games take place on Wednesday, including the Swansea City versus Manchester City match in South Wales and the Everton versus Tottenham Hotspur tie at Goodison Park. On Thursday evening, Wolverhampton Wanderers entertain Southampton at Molineux, while Championship side Barnsley host Thomas Tuchel’s Chelsea at Oakwell. There don’t look to be many upsets likely, but anything can happen in the FA Cup.
Premier League: Man City Entertain Spurs at the Etihad
We have Premier League action to look forward to on Monday night, as Leeds United and Crystal Palace lock horns at Elland Road. All 20 clubs are then involved in top flight games throughout the weekend, which starts with the mouth-watering fixture at the King Power Stadium between Leicester City and current champions Liverpool.
On Saturday evening, Man City and Tottenham meet at the Etihad Stadium, while Brighton and Hove Albion and Aston Villa do battle at the Amex Stadium shortly after. Manchester United make the trip to The Hawthorns to face West Bromwich Albion, Arsenal host Leeds and Everton and Fulham go head-to-head at Goodison Park on Sunday.
EFL Championship: More Exciting Action in Tier Two
There are three rescheduled Championship games taking place in midweek. On Tuesday, Rotherham United entertain Cardiff City, while Sheffield Wednesday and Wycombe Wanderers square off at Hillsborough. In-form Brentford make the trip to Reading on Wednesday night as they continue their push for promotion.
Saturday’s action gets underway with an intriguing fixture between Nottingham Forest and Bournemouth at the City Ground. Later in the day, Norwich City welcome Stoke City to Carrow Road, while Swansea travel to the Steel City to face Sheffield Wednesday. Brentford entertain Barnsley in the final game of the round on Sunday.
AT&T Pebble Beach Pro-Am: Golf Action in California
The AT&T Pebble Beach Pro-Am takes place on the PGA Tour this week, with the action in Pebble Beach kicking off on Thursday. Canadian Nick Taylor won in California last year, beating Kevin Streelman by four strokes. Who will win at Pebble Beach this time around?
Six Nations: Tournament Enters Its Second Week
The second round of the 2021 Six Nations Championship will take place this weekend. First up, England welcome Italy to Twickenham Stadium, which is quickly followed by the Scotland versus Wales match from Murrayfield Stadium. On Sunday, Ireland and France go head-to-head in a tasty game at the Aviva Stadium in Dublin.
Next Major Events
Latest Online Betting Offers & Promotions
Of course, we cover plenty more offers than just the ones you see listed on this page – you can find the full list of promotions for each sport on the relevant category pages (we currently have them for football, horse racing, rugby, tennis and golf). In addition, we also provide individual guides to larger sporting events such as the Cheltenham Festival and the Grand National which you can find links to in the section above.
Horse Racing
Golf
American Sports
Popular Offers
In this next section we’ll cover the more common types of offer that a lot of bookmakers tend to offer. That doesn’t mean that they’re all the same though, as you’ll find that variation in the terms can make a big difference to the value of an offer. For each promotion we’ve written a guide comparing the betting sites that offer it, explaining how it works and how to make the most of it.
- Accumulator Insurance – A very popular promotion that’s offered by many bookmakers, yet varies wildly from site to site. The basic premise involves getting your money back (usually as a free bet) if only one leg of your accumulator loses. However, what you can bet on, and how many legs you need to place is different at pretty much every bookie. Some offer it on BTTS accas with 4 or more legs, whilst others will let you bet on any market in any sport, but require at least 6 legs. So which offer you go for is going to depend on what you want to bet on.
- Accumulator Bonuses – Alternatively, if you’d favour a bonus on your winning accas over insurance on your losing ones, then go for an accumulator bonus. These payout an extra bonus of between 5% and 100% on your winning bets, with the actual percentage depending on the number of legs.
- Loyalty Offers & Free Bets – On this website we feature many money back specials and other offers that can be claimed by existing customers at a bookie, but this section looks specifically at bonuses, rewards and free bets that are available to all customers. Included in this guide are reload bonuses, loyalty programs and even who’s more likely to dish out free bets.
- Best Odds Guaranteed – A simple promotion, but one that can make a big difference to your winnings. This offer normally applies to horse racing and/or greyhoud racing and guarantees to give you the better odds out of the SP and the price you took. So if the odds drift, you’ll still get paid the bigger price, and if they shorten, you get the longer odds you originally took.
- Price Promise – Price promises are most common in horse racing, but sometimes happen in football and other sports as well. Put simply, the bookmaker guarantees to offer the best odds when compared to other bookmakers. And if they don’t, they’ll match it. Put simply, a price promise means you don’t need to go hunting for the best odds, as you’re guaranteed to have them.
Bookmaker Reviews
For most of the bookmakers listed on our website we’ve also written detailed reviews. You can find a list of these below, sorted alphabetically. If you’re looking for a quicker read, we’ve also written summaries of our top 10 recommendations on our betting sites page.
About This Site
Pretty much all of the big UK bookmakers offer money back specials and promotions for the big sports betting events, and the bigger the event, the bigger the offers. But keeping track of these offers can be a nightmare – especially when you consider that bookies tend to release their promotions at the last minute.
So that’s where we come in. At Betting Offers we list the best offers from trusted and reliable bookmakers (you’ll probably recognise a large chunk of the betting sites we feature) all of which are neatly categorised by sport and removed from our listings as soon as they’re no longer available.
On all of our list pages we sort the offers according to the date the promotion expires – so a cash back special for tonights game will appear higher on the list than an offer for tomorrows game. However, some bookmakers run ongoing promotions that are valid for multiple games – because these either have a longer validity period (or no expiry date at all) they will appear towards the end of the lists. So it’s a good idea to have a scroll through to make sure that you don’t miss out on an offer that you might otherwise be interested in.
Betting Offers Explained
Just in case you’re scratching your head wondering what we’re going on about, we figured it’s probably worth giving you a quick run down on the different types of promotion you’ll find on this website:
Introductory Free Bets/Bonuses
The first is for sign-up offers and welcome bonuses – to claim these you will need to be a new customer at the site. These promotions are usually in the form of a completely free bet, matched bet or deposit bonus. These bonuses are great for general betting and there are plenty of them – you can either browse our list at the top of the page to see our favourites, or for a longer list, head on over to the free bets page.
Retention Offers
The second type of offers are open to everyone – including both new customers and existing customers. Some of these offers such as have been running for a long time, whilst others relate to a specific event and end very quickly. This second category of promotion is incredibly varied and consists of:
- Cashback/Money Back Specials: Here you receive your money back if something specific happens. For example you might get your money back on a correct score bet if a red card is shown at any point during the game, or if your horse loses by less than a length.
- Reload Bonuses: Top up your account with the bookie and they might give you some bonuses to bet with. For example, get a bonus worth 50% of your next deposit.
- Product Incentives: Sometimes a bookmaker will offer up some free bets or bonuses to try out a new product or market.
- Enhanced Payouts: This is where your bet will be paid out at higher odds than normal. For example, you could get paid out at triple odds if you place a Lucky 15 bet and only get one winner correct.
- Free Bets: Last up are free bets which are making an appearance here as well as in the introductory section. Sometimes bookies will give out free bets if something specific happens such as correctly picking the winner of a featured horse race with odds over a set threshold (eg: 4/1).
There are, of course, other kinds of offer and the bookies are very good at coming up with new and unique ideas to keep their punters happy. So take a browse of the latest offerings in the feed above and see what takes your fancy!
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 $100 Risk-Free Bet
- PointsBet >> Claim $1500 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 December 2020
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
$1,500 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: $500 Deposit 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 Colorado, Indiana, New Jersey, and West Virginia.
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
Best New Betting Offers Sites
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
| Colorado Online Sportsbook | Deposit Bonus | Launch Date | Visit Site |
|---|---|---|---|
| William Hill | $500 Risk-Free Bet | September 8 | Visit WilliamHill.com |
| DraftKings Sportsbook | 20% up to $1000 | May 1 | Visit Draftkings Sportsbook |
| BetRivers | 100% up to $250 | May 1 | Visit BetRivers |
| SportsBetting.com | $1,000 Risk-Free Week | September 13 | Visit SportsBetting.com |
| FanDuel Sportsbook | $1,000 Risk-Free Bet | May 1 | Visit FanDuelSportsbook.com |
| BetMGM | $500 Deposit Bonus | May 1 | Visit BetMGM Sportsbook |
| PointsBet | 2 Risk-Free Bets; One $500 fixed-odds bet, One $1,000 risk-free bet for PointsBetting | November 18 | Visit PointsBet |
| BetMonarch | - | May 9 | |
| FoxBet | $500 Risk-Free Bet; $10 Bonus Bet for Broncos betting | May 19 | |
| SBK Sportsbook | $20 Risk-Free Bet | June 4 | |
| Sky Ute Sportsbook | - | June 9 | |
| Circa Sports | - | July 1 | |
| BetWildwood | - | July 10 | |
| Elite Sportsbook | 50% up to $500, $500 Risk-Free Bet | August 14 | |
| theScore Bet | $100 Free Bet, Up to $1k Cash Back bets in 60 days | September 2 | |
| BetFred Sports | $500 Risk-Free Bet | September 8 |
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.
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.
Best New Betting Offers Poker
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.
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.
Yes. It was also one of the first sportsbooks to do so.