Now that Colorado has legalized retail sportsbooks and mobile sports betting apps, it has a lot of gambling opportunities. Sports bettors have the option to play in the domestic or offshore online sportsbooks while walking into most of its land-based casinos and placing sports bets. Meanwhile, those who want to play online casino games or play poker online must do so in the offshore gaming market.
Read our guide to Colorado online gambling with a full review of the options. We provide a timeline of Colorado gambling laws, discuss the regulated gaming market, and provide tips for signing up at offshore online sportsbooks and casinos. Let’s start with an overview of Colorado’s gambling industry.
Table of Contents
Colorado Gambling Laws and Betting Venues
- Legal Sports Betting: Retail Sportsbooks (domestic), Online/Mobile (domestic and offshore)
- Minimum Sports Betting Age in Colorado: 21 (domestic), 18 (through offshore sites)
- Retail Sports Betting in Person: At dozens of venues
- Online Sportsbooks: Domestic and offshore bookmakers
- Live/In-Play Betting: Domestic and offshore betting
- College Sports Betting: Domestic and offshore options
- Horse Racing: Domestic and offshore betting
- Estimated Sports Betting Revenue: Over $200 million in 2022
- Licensing Fee: $10,000 initial fee and a 125,000% two-year license fee
- Tax Rate: 10%
- Revenues Help: Education and Infrastructure Funds
- Licensed Sports Betting Operators: Casinos in the state and 26 online sportsbook apps
Timeline of Colorado Online Gambling Laws
| Date | Sports Betting Event |
| January 4th, 2023 | Total handle approaches $10 billion, generating over $31.7 million in sports betting taxes. |
| December 15th, 2022 | Colorado sportsbooks achieve record revenue in November, returning nearly $2 million in taxes. |
| March 11th, 2021 | Barstool Sportsbook Colorado and SI Sportsbook launch in Colorado. bet365 is approved to offer online sports betting. |
| May 1st, 2020 | The first online sportsbooks appear in Colorado. |
| 2019 | Colorado voters approve Proposition DD of HB 19-1327, allowing casinos to apply for a sports betting license. |
| 2016 | Governor Hickenlooper legalizes daily fantasy sports through bill H-1404. |
| 2014 | Governor John Hickenlooper delegalizes greyhound racing. |
| 2009 | Colorado increases the maximum wager limit to $100 per bet and adds roulette and craps to the list of casino games. |
| 2000 | The Colorado Lottery now can join the multi-state lottery associations. |
| 1991 | Colorado legalizes Land-based casino gambling with a maximum bet limit of $5.00. |
| 1990 | Voters pass the Colorado Limited Gaming Initiative, legalizing some forms of gaming in mountain cities. |
| 1982 | The Colorado Lottery is established. |
| 1958 | The state constitution allows bingo and other charitable games. |
| 1948 | Colorado legalizes pari-mutuel horse racing and greyhound racing. The Colorado Racing Commission begins operations. |
The Best Colorado Online Casinos and Sports Betting Sites of 2023
Here are our top three picks for Colorado gambling sites. Two of them are sportsbooks with online casinos, while the third is an online casino with live dealer games.
- MyBookie Casino – Best welcome bonus for an online casino. Also offers sportsbook betting.
- XBet Sportsbook – Combines a sportsbook, racebook, casino, and live casino. Offers $500 signup bonus.
- Big Spin Casino – Best welcome bonus for an online casino. Deposit $500, and receive another $1000.
MyBookie Casino – $1000 Welcome Bonus
- Gaming: Sportsbook, Casino, Live Casino
- Bonus: $1,000 at 100%
- Deposits: Bitcoin, Visa, MasterCard, Bank Check
- Launch: 2017
- Licensed: Curacao
- Special Note: Offers 3D Online Slots
MyBookie is known for some of the best live in-game odds, including excellent halftime bets. Though it is a newer online sportsbook and casino, MyBookie has already established a reputation for lucrative bonuses and huge withdrawal limits. Like many online sportsbooks, MyBookie must support large payout limits in order to draw high rollers.
That doesn’t mean everything is tailored to the big spenders. Casino players receive welcome bonuses with deposits as low as $20, while new sports bettors receive risk-free bets for similar deposit sizes.
MyBookie Casino has hundreds of online slots, including the latest 3D online slots. It provides dozens of table games, as well as a few live dealer games. In short, MyBookie gives Colorado sports bettors and casino players the total package.
XBet Casino Review – $1000 Welcome Bonus
- Gaming: Sportsbook, Casino, Live Casino
- Bonus: $1,000 at 100%
- Deposits: Bitcoin, Visa, MasterCard, e-Check
- Launch: 2014
- Licensed: Curacao
- Special Note: Try XBet’s Online Slots Tournaments
XBet is a solid competitor for MyBookie. Like its rival, XBet provides an online sportsbook with a full casino product. XBet allows Colorado bettors to wager on every aspect of Denver Broncos, Denver Nuggets, Colorado Rockies, and Colorado Avalanche games. This includes straight bets and parlays, but also live betting options. XBet excels in providing micro-betting during the course of games. Try the “Top Bets” option if you’re at a loss for the best sports bets of the day.
Another point of pride is XBet’s live dealer games. Players can wager between $10 and $2,500 on live blackjack, while they can enjoy two versions of live baccarat and two versions of live roulette. Interact with live dealers who are helpful, friendly, attractive, and knowledgeable.
When it comes to traditional online casino games, you’ll find hundreds of online slots — including a few progressive jackpot slots. If slots aren’t your forte, then try the full range of table games, specialty games, or video poker titles.
Big Spin Casino Review – $1000 Welcome Bonus
- Gaming: Casino, Live Casino
- Bonus: $1,000 at 200%
- Deposits: Bitcoin, Visa, MasterCard, Bank Wire Transfer
- Launch: 2017
- Licensed: Curacao
- Other Note: Big Spin also Features Social Games
Big Spin might not stack up with MyBookie or XBet when it comes to sports betting, but its online casino product is every bit as formidable as the competition. The Big Spin Casino welcome bonus is actually better than the one offered by MyBookie or XBet, because it matches your deposit at a 200% rate. Make a $500 deposit to receive an additional $1000 in bonus cash.
The Big Spin Live Casino offers more gaming tables than the competition. In all, choose among 8 different live blackjack tables, 2 live roulette tables, or 2 live baccarat tables. That allows for a wide range of bet limits, especially if your game is live blackjack.
Big Spin Casino offers a complete online casino product, including games you won’t find everywhere. If you want a different gaming experience, try one of Big Spin’s nineteen social games. Try options like Plinko, Minesweeper, or Space Invasion. Play fun little games like Rocket Dice or Heads & Tails. Enjoy one of three different online keno games: Keno Jackpot, Keno Fortunes, or Keno Vegas.
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