Top Sports Betting Websites

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The Best Sports Betting Websites 2021
Best Sports Betting Websites Usa
Top Online Sports Betting Websites
Best Sports Betting Websites Online
Sports Betting Bonuses. Generally speaking, which ever top sports gambling website can offer the biggest bonus will win the hearts of betting newcomers. But bonuses is a vague term in the world of online sports betting since there are many different types of bonuses. The most common include sign up, reload, free bet and percentage loss bonuses. About Blog Betting Plus provides authentic reviews of various best sports betting sites. Justify offers prior to informing. Find the betting website that is best for you. Frequency 1 post / month Blog bettingplus.net Domain Authority 1 Alexa Rank 1.4M View Latest Posts Get Email Contact. NFL Super Bowl LV betting guide: Picks, best bets and favorite props VSiN Staff February 04. Our experts break down Super Bowl LV as only they can, offering betting advice on the side, total and a variety of prop bets. The best MLB betting sites include Betway and Spin palace sports. It is no secret that many people crush bet on MLB, as it has most of the experts. Soccer Odds, British Open Championship and Premier League Betting Lines Betting is also done in soccer. They also attract sports bettors. Many Americans also love betting money on sports, something thats easier than ever, thanks to all the betting sites online. Many of the top US sports betting sites offer mobile betting.
Youll be amazed how big a difference there is between the best and the worst places to bet online.
I wish that in 2021 I could finally tell you that there was a single answer to the old question of which is the best website for your sports betting needs.
As ever there are several candidates (once we have ruled out those offering bad odds, bad deposit terms or having issues with trust).
The exact betting site you choose will depend on several factors:
Your location
The sport(s) you want to bet on
Whether you are a big stakes pro looking for fractions of a percent better lines / odds, or a recreational bettor who enjoys a weekend gamble
You will find a lot of advice which will allow you to pick the very best sports betting site for your needs in 2021 below. Factors such as odds and lines, coverage, trust, bonuses and promotions and good old fashioned entertainment value are looked at. First of all, below are my top 3 picks for 2021 for your geo, these betting websites tick all of the right boxes. BEST SPORTS BETTING SITES 2021
Popular, trusted brand offering a 100 profit boost to new bettors
Big Choice of Markets for Football, Racing, US Sports, Golf and more
Long List of Player Promotions (always worth keeping an eye on!)
Betting giant - offer 20 'FreeBet' if your first bet loses!
Cashout betting, big matches streamed + mobile-friendly site
Always coming up with new promotions
Mobile + Live Betting Specialists (Unibet TV!)
Massive Choice of Bets and Different Sports
Refund Promos, Cash-in Betting and Regular Reload Bonuses BEST SPORTS BETTING SITES 2021
Popular, trusted brand offering a 100 profit boost to new bettors
Big Choice of Markets for Football, Racing, US Sports, Golf and more
Long List of Player Promotions (always worth keeping an eye on!)
Betting giant - offer 20 'FreeBet' if your first bet loses!
Cashout betting, big matches streamed + mobile-friendly site
Always coming up with new promotions
Mobile + Live Betting Specialists (Unibet TV!)
Massive Choice of Bets and Different Sports
Refund Promos, Cash-in Betting and Regular Reload Bonuses BEST UK SPORTS BETTING SITES 2021
Popular, trusted brand offering a 100 profit boost to new bettors
Big Choice of Markets for Football, Racing, US Sports, Golf and more
Long List of Player Promotions (always worth keeping an eye on!)
Betting giant - offer 20 'FreeBet' if your first bet loses!
Cashout betting, big matches streamed + mobile-friendly site
Always coming up with new promotions
Mobile + Live Betting Specialists (Unibet TV!)
Massive Choice of Bets and Different Sports
Refund Promos, Cash-in Betting and Regular Reload Bonuses BEST US SPORTS BETTING SITES 2021
Popular 10 Year+ Brand with Easy US Deposit Options
25 Bonus on Every Deposit - for Life!
Wide Selection of Lines, Many Niche Sports / Leagues Covered
Biggest and Best Offshore US Sportsbook
Long and Trusted Track Record (part of the Bodog Group)
Best Player Promos, Especially for Major Sporting Events
Famous for Reduced Juice Lines
Huge Sports Coverage + Range of Markets
Popular with Pro Bettors Best Sports Betting Websites 2021 Odds / Lines
Once you make the mind shift over to finding the best value (rather than simply trying to predict the winner), you are already on the road to becoming a profitable sports bettor.
Once you get the value bug, the odds you get from your bookie will start to matter and I mean *really* matter. Taking whatever odds your current sports book offer will quickly feel like throwing away cash!
This is complicated by the fact that some sports books offer better odds on some sports, and other focus elsewhere.
US players can look for dime lines (+105 instead of +110) and specialists like 5Dimes and BetOnline, who make a big play of their competitive odds.
Outside of the US youll need to shop around a little more, as there are relatively fewer all round value books. Having said that, Titan Bet (or Titan Bet UK for UK residents) are very competitive when it comes to Football and racing, and you will never go far wrong with the trusted rogues at Paddy Power.
Here at High Tech Gambling there are reviews and information articles covering just about every sport you can bet on. For the purposes of finding the best bookmaker with the best odds online, the best thing for now is to keep in mind that there are some major differences in the average odds offered (and that taking the wrong ones is costing you a lot of money!). Best Sports Betting Sites Sports Coverage
No US sportsbook is going to ignore the big 4 of NFL, NBA, NHL and MLB. It is once you step out of the major leagues into college games, soccer or athletics that you will need to become a little more picky. Some US books pride themselves on offering lines on the widest selection of sports possible. I love Bovada for this reason.
Non US punters have a much wider choice, and will find many books which really specialize in football (premiership, la liga, champions league etc). Most sportsbooks also dedicate a lot of resources to betting on horse racing, which is more of a separate endeavor in the US. If you want to enjoy bets on a wide range of other sports including Rugby, Tennis, Golf, Athletics and even the winner of the latest X-factor type talent show then I recommend you head over to Ladbrokes. Finding a Trusted Sports Betting Site in 2021
Most of the European brands have been around for 20 or more years. These are listed companies whose moves are scrutinized by the financial markets as well as sports bettors!
I will aim this section on trust at US based bettors and those worldwide bettors who are thinking of trying a newer betting site in 2021, which might not have had too much time to build up a reputation.
US players need to bet offshore, with the main sports books based either in the Caribbean or in Central America. Fortunately there are some long running and well trusted brands around, many with more than 10 years of experience in accepting bets (and credit card deposits) from US Players. This list includes some of the best loved names out there:
5Dimes ( read my detailed review)
BetOnline (read my detailed review )
Bovada, formerly Bodog ( read my detailed review)
Pinnacle ( read my detailed review)
Just so non-US players do not feel left out for this section, here is a selection of brands which are tied to listed companies (PlayTech for example or big chains of bookmakers)
Titan Bet (review ) or Titan Bet UK (review )
Ladbrokes (review)
Unibet (review ) The Best Sports Betting Sites with the Best Bonuses and Promotions in 2021
I have gone into a lot of depth on sports betting bonuses 2021 in the linked article. Here I will summarize what to look out for in what will be one of the most significant factors affecting your overall bankroll in 2021 (only second to having great odds / lines).
One word of advice: do not get seduced by the big welcome bonuses, instead watch how each sportsbook treats their loyal bettors.
The reason for this is simple. The welcome bonus will be gone very quickly. Sometimes right away, sometimes after a couple of weeks of betting. The ongoing rewards, which can take many forms, may be topping up your betting bankroll for many years to come.
There are many types of ongoing reward which I like to see before signing up with a sportsbook. Here is a list of what to look out for:
Reload bonuses: for example BetOnline offer a 25 bonus on every reload, for life!
Free Bet Promos : there may be a wager-through requirement
Loyalty Point Schemes : accumulate points as you bet, and get bonuses or even shop for gadgets as a reward
No-Lose or Money-Back Bets : on special events like the Superbowl or big soccer ties
Free Bets for making mobile , in-play or trying cash-out betting
There is less of a choice of bookmakers I would recommend when it comes to generous bonuses and promotions.
For US players Bovada stand well above the crowd in this respect
For Non-US Players Titan Bet (or Titan Bet UK for UK residents) offer some excellent promotions on top of their generous welcome package. Choosing the Best Sports Betting Website Entertaining Types of Betting
Betting is getting creative these days and a lot more fun as a result. If your bookmaker only offers win lines or handicaps, then it is time to check out some of the innovations around elsewhere.
Examples include in-play betting, where youll be offered odds that move as the game progresses. Cashout betting, where you can liquidate any position early to lock in a profit (or cut a loss). There are also many different ways to combine bets with parlays and multiplies often coming with extra bonuses (for really big wins).
On top of this there are many entertaining side-bets and fun bets you can take, for example politics, TV shows and even the weather (White Christmas betting is practically an institution in the UK for example).
If your sportsbook is not offering mobile betting and a range of entertaining ways to better enjoy the sports you love, then it is time to look again at what is really the best sports betting website for 2021! Planet Mark's Top Rec:
32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2021.
This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100 profit boost offer for all new players.
32Red are my go-to betting site, youll quickly find out why once you see www.32red.com/sports for yourself - check them now!
Planet Mark's Top Rec:
32Red are giving the old 'High Street Bookies' sports betting brands some real trouble in 2021.
This very slick site offers top-rated odds; a huge range of bets and a big list of player promotions (really, check the latest before you bet elsewhere). This now includes an excellent 100 profit boost offer for all new players.
32Red are my go-to betting site, youll quickly find out why once you see www.32red.com/sports for yourself - check them now!
Planet Mark's Top Rec: There are a lot of good reasons why Bovada are the number 1 US friendly sportsbook. Look beyond the big welcome bonus and you'll find the real magic..
Bovada have a huge range of markets (especially when it comes to the bigger events), competitive lines and super-easy deposits / withdrawals.
The killer reason is the promos youll find their list of offers for regular bettors unrivalled anywhere online. Check out www.bovada.lv to see the latest deals for yourself now!
Back to Online Sports Betting Main Page
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 Colorados sportsbook industry, which got an impressive start out of the gate in its first months in business.
Most of Colorados sportsbooks are either standalone companies or the result of casino partnerships. DraftKings, FanDuel, and William Hill are companies whose core businesses are sportsbooks. However, Colorados 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 thats 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 its the safest betting option in the social distancing age. However, Colorados online sportsbooks are competitive choices for bettors funds. Heres 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 couldnt 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 whove 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 didnt 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 its 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 Nolons, 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 youd expect lines on, but it also has an advantage many other sportsbooks dont: 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 Bets 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*
Best Sports Betting Websites Usa
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 isnt 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 thats 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 Creeks first retail sportsbook, Woodys at Wildwood, was also the first self-launched app by a casino in Colorados 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. Top Online Sports Betting Websites 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
The state legalized sports betting via voter referendum on November 6, 2018. Issue 4 passed 54.1-45.9, and requires the state issue casino gaming licenses for one casino in each of. States with legal sports betting. These states have legal, regulated sports betting industries: Arkansas sports betting; Colorado sports betting; Delaware sports betting; Illinois sports betting; Indiana sports betting; Iowa sports betting; Nevada sports betting; New Hampshire sports betting; New Jersey sports betting; New York sports betting; Michigan sports betting. In addition to Nevada, we now have legal sports betting in Delaware, New Jersey, Pennsylvania, West Virginia, Mississippi and additional states since then. Illinois passed the Illinois Sports Wagering Act in 2019. As a result they became the 15th state with legal sports betting. Therefore bettors who are 21 years of age or older and located in Illinois can legally bet on sports online or in person at a wide selection of casinos. States that allow sports gambling . Mobile Sports Betting Not Yet Available. Retail Sports Betting Available.
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 Iowas Grand Falls Casino. The brands 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. Betfreds 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 Best Sports Betting Websites Online 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 Colorados 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, theyre 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 theyre usually tinyless 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 cant award site credits indefinitely.
Many sportsbooks also offer risk-free bets. Theyre bets that get refunded if bettors lose a bet. FanDuel offers a risk-free bet of up to $500. If a bettors 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 dont allow bettors to wager at their own paces like deposit bonuses. Colorado Teams That Can And Cant 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. Theyll have moneylines and point spreads ripe for enthusiastic betting. There are plenty of prop bets and futures thatll be available on the Broncos, too.
A Colorado list of teams wouldnt 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 Colorados most popular teams, whether its CUs football or basketball teams. Bettors will have the standard moneylines, spreads, and futures available as the professional teams offer.
However, Colorado sportsbooks wont offer prop bets on college games. Colorados 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 shouldnt be surprised when they dont 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 Gamings 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 wouldnt 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. Its available in New Jersey, but it doesnt 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 anyones 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 sportsbooks 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, theres nothing stopping them from pocketing bettor money. Even if theyre 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. Theyre 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 dont repay their debts. Bettors in good standing may also fund human and drug trafficking unknowingly. Licensed sportsbooks transparency ensures bettors dont fall into these traps. How Do I Know Online Sportsbooks Are Fair?
Online sportsbooks arent all shady offshore websites. However, new bettors may struggle to tell the difference between the two. Heres how bettors can know theyre betting at a legitimate company. Who Regulates Legal Online Sportsbooks?
The Colorado Division of Gaming regulates all the sportsbooks in Colorado. Its 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 doesnt pay out winnings, the Division of Gaming is a bettors 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, shell list them in the report as well.
The Division wont award a license to a sportsbook that cant 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, theyll have cash moved into their sportsbook account. From there, its usually as easy as hitting withdraw and moving money to their bank or PayPal account. There are other options too, but no ones using 7-Elevens 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. Can I sign up at a Colorado sports betting site or app without visiting in-person?
Yes, you can register online and start betting anywhere in Colorado. You only need to be physically within the Colorado border to place wagers. What Kinds Of Sports Bets Are Legal In Colorado?
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 daughters softball game, did they?)
Yes. Because the Buffs are a PAC-12 team, college sports is a big draw in Colorado. And thats 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? What Is The Tax Rate For Online Sports Betting In Colorado?
10. The taxes largely go to water conservation projects in Colorado. Since Colorado shares water with seven other states, its a lot more than an environmentalist cause. Its a precious resource thats being funded by a portion of every bet. Who Can Get A License To Run An Online Sportsbook In Colorado?
Licensed Casinos and established sportsbook companies. Unless aspiring entrepreneurs have all the pieces of their business in place, they cant complete the license. It wouldnt 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.
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