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Gambling in Colorado

Colorado might not offer many opportunities for online gambling yet, but that will soon be changing. Thanks to amendments to the law and new bills working towards the regulation of casinos, gambling in Colorado will soon be available. Let's take a closer look at the legal standing of gambling in the Centennial State.

Colorado might not offer many opportunities for online gambling yet, but that will soon be changing. Thanks to amendments to the law and new bills working towards the regulation of casinos, gambling in Colorado will soon be available. Let's take a closer look at the legal standing of gambling in the Centennial State.

Available in this state

Online Sports Betting Colorado

Currently, Colorado sports betting is illegal. You cannot place bets on your favorite sports teams. However, that will soon be changing. In November of 2019, voters passed Proposition DD by 51.41%. This authorizes legislature needed for both online bets and heading to one of the new sports book Colorado outlets that will no doubt pop up once the legislation is worked out.

It is assumed that gamblers will be able to place bets as early as May 2020. Should the law go live on this date, there is a Rockies vs Phillies game on the 1st of May that might make the perfect first opportunity for legal sports gambling in Colorado. The Kentucky Derby also starts on May 2nd.

We will provide all updates on this page should there be any changes to the legal standing of sports betting in the Centennial State. When Colorado online sports betting is available, we will be able to tell you the best locations to place your first wager.

Online Casinos Colorado

Online casinos are currently not legal in Colorado. Anyone trying to find the best real money online casino Colorado has to offer will find their options limited. It is something of a grey area; since Colorado online gambling is not explicitly banned by law, some online casinos allow Coloradans to play.

However, sites that offer such a service cannot always be trusted. They are not regulated at a state level and with that comes a variety of issues. In addition to potentially being completely illegal, such a site might not be the safest place to send your financial data. Until a legal Colorado online casino appears, it will be better to refrain from playing at these sites.

In terms of a real money online casino, Colorado might be closer than we think. The legalization of online sportsbooks also includes some terms for the regulation of sports betting through online casinos. Websites that offer both casino games and sportsbooks might be allowed to offer their sportsbook services to those gambling in Colorado. This should hopefully lead to some regulations legalizing online casinos. We will post updates on this page accordingly and will be ready to recommend the best online casinos when this comes to pass.

Should you still want to try your hand at a casino game in the meantime, you could head to one of Colorado’s many brick-and-mortar casinos. There are about 40 casinos throughout Colorado, and they offer many popular casino games. These casinos are a mix of charitable, commercial, and tribal casinos. Players should head to Black Hawk if they want to play live casino games. This former mining town is now home to 18 of the state’s casinos. The legal gambling age in Colorado is 21. The casinos are very strict about this and will always check a patron’s ID before allowing them to play.

Online Poker Colorado

Like online casinos, online poker lives in the grey area of Colorado online gambling. Many online destinations claim to offer opportunities for Coloradans and other states. However, there is always a risk that these sites are not safe to gamble. Should you choose to play online poker, Colorado considers this to be a game of skill, which is great news for trying to change legislation. However, there are no moves currently to introduce bills for the legalization of online poker. Should a bill be introduced, we will post updates on this page.

For now, anyone dreaming of the best online poker real money Colorado casinos will instead have to go to a brick-and-mortar location. Whether you prefer poker or another game, one of these casinos will be your best bet for now. Though online poker games in Colorado might be far off, there are plenty of options for players who want to try their hand at this game offline.

Top Colorado Daily Fantasy Sites

One of the few forms of legal gambling in Colorado is fantasy sites. Thanks to House Bill 16-1401 in 2016, players have been able to enjoy the best sports available at one of the providers of Colorado daily fantasy sports.

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Daily Fantasy Colorado

Colorado fantasy sports were legalized on June 10th, 2016 when House Bill 16-1401 was signed by Governor John Hickenlooper. Fantasy sports are a popular pastime across many states. This is often one of the first forms of betting to be legalized when states begin to relax their laws, so -unsurprisingly – this was the first Colorado online gambling venture.

The top fantasy sports sites all allow Coloradans to play with them. FanDuel, DraftKings, and Fantasy Drafts are three of the biggest names in daily fantasy sports that allow players from Colorado to register at their sites. Both FanDuel and DraftKings also offer sports betting opportunities. With the introduction of new legislation for sports betting, we may see these companies among the forefront of vendors offering online sports betting opportunities in Colorado. They will already have an established fanbase from their daily fantasy games and it would be easy for them to introduce products to these players.

Online Lottery Colorado

The Colorado Lottery has been running since 1983, with the first draw taking place on April 23rd, 1983. They offer three games at a state level; Pick 3, Cash 5, and Colorado Lotto+. Cash 5 has a minimum jackpot of $20,000 and Colorado Lotto+ has a jackpot that starts at $1,000,000. Players can also take part in the multi-jurisdictional games Lucky for Life, Powerball and Mega Millions.

Players must be 18+ to purchase lottery tickets. Though there is currently no official app for playing the Colorado Lottery, you can experience Colorado online lottery by playing at their official site. You can also sign up for their free MyLottery membership scheme that offers alerts about your favorite games, bonus draws, and exclusive competitions.

Other Important Gambling Facts Colorado

Though gambling in Colorado is moving towards regulation at a state level, there are several factors one needs to consider when placing a bet in Colorado. Fantasy sports cannot use any team from a collegiate level or below. Since betting on college or high school sports is banned for fantasy games, we can expect the same restrictions to apply should legislation introduce legal online sports betting.

If choosing to visit one of the casinos in a location like Black Hawk, you need to be aware of the wage restrictions. Following Colorado Amendment 50 in 2008, limits were raised from $5 maximum on a single wager to $100 maximum. A similar restriction might be enacted for sports betting.

When the Colorado state government begins to regulate sports betting, they will take a 10% tax from the revenue sportsbooks earn. This tax revenue will fund state-wide water projects.

Sports betting revenue is not the only form of betting that is taxed. Since 1992, 50% of proceeds from the Colorado Lottery has gone to the Great Outdoors Colorado trust fund. This is then distributed to local governments and trusts. 40% goes to the Conservation Trust Fund, while the other 10% heads to Colorado Parks and Wildlife. Across the history of the Colorado Lottery, they have so far invested an estimated $3.4 billion back into the wild spaces and parks of Colorado.

Gambling Colorado Conclusion

Colorado online gambling has a long way to go until it is fully legalized. However, there have been many positive advancements that could lead to online casinos and poker in addition to sportsbooks and daily fantasy sports on offer.

FAQs

There are a few options for Colorado online gambling, such as daily fantasy sports providers and the lottery. Online casinos and poker rooms are not allowed, though you can head to any of the state’s brick-and-mortar casinos to play the games you love.

Gambling in Colorado is available at casinos throughout the state. Players can also choose to play in one of the many online daily fantasy leagues. Lottery players must be 18+ to participate, whereas you must be 21+ to participate in other forms of gambling.

Though sports betting has not yet been fully legalized in Colorado, Proposition DD was passed by the electorate in November of 2019. This allows sports books to legally offer betting opportunities for professional sports. It is thought that this new legislation will come into effect in May 2020.

Online casinos are not legal in Colorado. However, you will be able to attend one of the brick-and-mortar casinos to play instead. Commercial, tribal, and charitable casinos are all legalized in the state of Colorado.

Author

Jennifer Marsh

Jennifer is constantly on the lookout for the latest updates on US gambling legislation. She has a soft spot for blackjack and poker, but spends a lot of time writing about other facets of the online gambling world as well.

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