Did you know the state of Colorado is amongst one of the few, under five states, in America of which all six major types of betting are accepted! Though there are limitations to these exceptions in some way or form at least one can look forward to commercial, tribal, charitable, pari-mutuel, racetrack and lotteries games. When properly licensed through the state, Colorado does allow limited gaming venues like card rooms and casinos. You can also enjoy the off-track betting on horse races and other cool games and bonuses such as bingo and raffles.
Players also can choose from numerous offshore online sportsbooks options, as no laws or regulations prevents such.
Online Sports Betting Colorado
Sports betting online in Colorado is allowed thanks to access of many online and mobile casinos and sportsbooks. While many are not allowed, offshore and other options are available to those who would like to bet online and not have to leave their homes to enjoy watching and betting on their favourite sport.
Officially, off-track betting is the only form of legal online gambling in Colorado which can be made on horse and greyhound races. For casino games, online poker and sports betting lovers, unfortunately Colorado does not consider betting legal on land, however online is allowed to a certain extent.
Laws and regulations of Gambling In Colorado
Comparing to most other states in the U.S, Colorado displays a liberal stance when it comes to gambling. Their laws cover mostly all forms of wagering. It has a long horse race industry that dated back as far as the 1950’s. In that era greyhound racing was also available till its collapse after the last dog track folded in Colorado. In 2014 however, or just a little over 10 years ago the last surviving track folded and was soon followed by being outlawed.
You can still place bets online, but it would have to be off-track and you must be over the age of 21 years to bet on the races.
In 1982, the state created a lottery which sold its first ticket just a year later, 1983. Instant games and lotto tickets are sold by the state. However, players must be older than 18 years. Black Hawk, Central City, and Cripple Creek were Colorado approved casinos which brough life back to its this nearly ghost like town. The permit also enabled the Utes to operate casinos on the tribal lands.
John Suthers opted for a constitutional amendment back in 2013, with the purpose of legalizing online poker in Colorado. Skill games fall under the exemption under Colorado law. As such, daily fantasy games Draftkings and FanDuel operate in Colorado.
When Will Sports Betting Be Legal In Colorado
There is no exact date when sports betting will be fully legal in Colorado, but it should be sooner than later. In November of 2019, Numerous Colorado voters, over the 1.3 million mark, have approved legal sports betting through the Centennial State. Easily over 18000 votes were cast in favour of sports betting.
Therefore, you can soon expect to be placing wagers while anywhere within the state’s borders on CO sports betting apps. If everything goes according to plan by May 2020, we could experience the legalization of sports betting in Colorado. As ready as the industry is ready to go, there are still hurdles to overcome such as operators still requiring approval for their products to go live in the market.
Four types of legal live gambling in Colorado
Fans of live horse racing will be happy to know it is permitted in Colorado casinos and extends to off track betting. Instant games, interstate drawings and lotteries are sold by the state lottery. There are two casinos on the reservations, the Ute Mountain Hotel & Casino and the Sky Ute Casino and, equally of which are managed and owned by the Ute Tribe of Colorado. They operate under the Indian Gaming Regulatory Act.
Amongst the permitted legal games in Colorado charitable gambling, bingo and raffles as games of changes are allowed. Those are only for non-profit purposes with the objective of fund raising. Included on Native American land and Colorado casinos, are games such as slot games roulette, blackjack and caps. Bear in mind those games are only for un profit purposes!
In Colorado the minimum gambling age will depend on the type of gambling. For example, at 18 years and old, players can experience bingo and lottery. In a couple of short years, 21 to be specific, Colorado casinos will accept players over the 21-year-old mark.