On May 1st, 2020, sports betting became legal in Colorado. Due to high anticipation from sports fans, during the month of May, the Colorado gambling industry witnessed a growth of 25.5 million dollars in wagers from sports betting alone.
This number, released by the Colorado Division of Gaming, proves that the recent pandemic has had its impact on players’ habits. With land-based casinos being on lockdown, sports betting apps had their fair share of success in Colorado.
According to official data, there are eight major operators that offer sports gambling in Colorado at the moment, which include Fox Bet, BetRivers, BetMGM, BetMonarch, FanDuel, Betfred, SBK, and DraftKings.
More operators are expected to launch their sportsbooks in Colorado in the near future, totalling to 35 sportsbooks across the state, as theorized by experts. Some are speculating that the annual revenue of the Colorado gambling industry might increase by 6 billion dollars thanks to the legalization of sports betting.
Of course, things could have been better.
The COVID-19 pandemic put a halt to many sports events of 2020, and the lack of games to bet on has possibly diminished the revenue of sports gambling in Colorado. Luckily, there is light at the end of the tunnel. In August, the NBA and NHL are expected to resume their seasons, and this might mean yet another new dawn for Colorado sports betting.
Especially when operators like William Hill, Pointsbet, and SuperBook USA are about to launch their long-awaited sportsbooks in the Centennial State.
Colorado Gambling: The Best Betting Apps for Sports Fans
Below, you’ll find short reviews of the sports betting applications available for download in Colorado. These apps were developed by some of the best online casino operators in the USA and offer various perks like bonus packages and loyalty programs.
SBK
Available for download to your Android or iPhone, the SKB sportsbook by Smarkets is known by many for its low commissions, as well as generous bonus offers on sports betting with no promo codes.
As for the actual betting, the SBK app offers a variety of games, some of them soon to be available in the state of Colorado: football, horse racing, cricket, and tennis. Here, the NBA has its own page, making it easy to bet on basketball whenever you want.
There’s even the possibility to wager on political events, such as the presidential election.
BetMGM
There is a consensus among gamblers that the BetMGM sportsbook is one of the best online betting apps in the USA.
Luckily, it is now available in Colorado for us to enjoy.
Launched by Roar Digital (the joint venture between MGM and GVC Holdings), this sportsbook offers a deposit match bonus, a huge number of sports to bet on, and various types of betting like futures, money lines, straight bets, and many more.
The list of payment methods is also impressive. It includes PayPal, Skrill, as well as other popular banks and e-wallets.
DraftKings Sportsbook
The DraftKings Sportsbook definitely stands out in the industry of Colorado gambling.
That’s because, aside from all the regular sports, it specializes in daily fantasy sports (DFS). It also offers lots of promotions, as well as a wide variety of banking options for extra fast deposits and withdrawals.
Sky Ute Sportsbook
Sky Ute Sportsbook is one of the first sports gambling apps in Colorado. Released on June 9th, 2020, it gives you the choice to bet on various sports like golf, basketball, eSports, etc.
You can download it from the Apple store or Google Play, depending on your device. However, remember that you have to be physically located in the state of Colorado to use the app to play real money games.
Pointsbet
Soon to be released in Colorado, Pointsbet is truly something special.
Aside from the usual bonuses for USA gamblers, this online betting app gives you a unique opportunity to wager with a system known as points betting.
Thanks to this system, each extra point your team wins is added to your account. However, every point lost diminishes your winnings, so be ready for a wild ride.
FoxBet
Available for download in NJ, Pennsylvania, and Colorado, the FoxBet sportsbook is a product of the partnership between two titans – The Stars Group and Fox.
The biggest perk of this app is the loyalty program, which functions like the rest of the reward systems offered by The Stars Group.
The more you bet, the more points you collect. When you earn enough points, you can exchange them into valuable prizes.
BetRivers
If you live in the state of Colorado, feel free to discover BetRivers by visiting their website or by downloading their app to your phone.
Both American and international sports are available for gamblers to bet on. Choose from hockey, baseball, basketball, cricket, rugby, football, cycling, and lots of other types of sports.
Use their numerous betting options (team props, moneylines, etc.) and the possibility to bet on live events.
BetMonarch
If you go to the official website of BetMonarch, you’ll notice that this operator boasts to be the fastest and easiest sports app in Colorado.
However, as this application is still very fresh, we’ll need some time to check whether these statements are true or not.
Luckily, there is something that definitely sets BetMonarch apart from other gambling Colorado apps, and it’s the minimum wager of only $1. As a result, this sportsbook is perfect for low-rollers.
Betfred
Based in the UK, Betfred is gradually increasing its availability in the United States of America, including Colorado.
Apps, bonuses, and a wide range of sports to bet on make this sportsbook a decent choice for gamblers of the Centennial State.
FanDuel Sportsbook
Now live in Colorado, this sportsbook is something to be admired by all sorts of gamblers – thanks to the various bonuses offered by the app.
A risk-free bet of up to $500, extra $5 for fantasy sports, lots of tournaments (with prizes), and themed bonuses make this application a foolproof choice when gambling in Colorado.