Here is our Colorado Betting guide, including information on why choosing offshore sportsbooks like YouWager.lv is the right choice.
Colorado is one of just five states in the country where all six major categories of betting, including charitable, parimutuel, commercial, tribal, racetrack, and lotteries, are legal in some form. Off-track betting on horses and dogs through parimutuel wagering, social betting, charitable games, bingo, and raffles are also authorized if legally regulated through the state.
Colorado Gaming Regulations
The Colorado Limited Gaming Act, which was passed in 1991, states that “the success of limited gaming is dependent upon public confidence and trust that licensed limited gaming is conducted honestly and competitively; that the rights of the creditors of licensees are protected; and that gaming is free from criminal and corruptive elements.” This is maintained in Colorado by stringent regulation and licensing of gambling enterprises, while also protecting the patrons.
The Colorado restricted Gaming Control Commission was established to police the state’s rules and regulations governing restricted gaming, including the gaming tax rate. The Commission is housed in the Division of Gaming, which is part of the Department of Revenue, which approves the budget and distributes funds to other state agencies.
Native American Casinos
The Ute Tribe of Colorado owns and operates two Native American casinos in Colorado: the Sky Ute Casino and the Ute Mountain Hotel & Casino. The Sky Ute Casino contains slot machines, table games like blackjack, bingo, and a poker area with Omaha and Texas Hold’em events on a regular basis. The Ute Mountain Hotel & Casino also includes TITO (ticket-in, ticket-out) slots, video poker, and live blackjack, poker, bingo, and keno games.
Colorado Sports Betting
Despite the presence of restricted gaming and casinos, Colorado State Code 18-10-101 expressly prohibits wagering money or property on the outcome of any game. As a result, sports betting is banned in the state of Colorado.
Despite the fact that there are no sportsbooks in Colorado, either physically or online, bettors can still choose from a variety of offshore choices. Offshore sportsbooks are typically regarded as a far safer bet than domestic bookmakers. Aside from the convenience of making bets directly from a computer or mobile device and a range of alternatives, internet bettors can rely on reputable and well-reviewed offshore bookmakers to constantly offer lines and pay out, which may not always be the case with local bookies.
Colorado Poker and Casino
In addition to tribal casinos, a small number of casinos are offered in the historic gold mining communities of Central, Black Hawk, and Cripple Creek. These three cities have a total of 15 casinos, including the Ameristar Casino & Hotel, the Isle of Capri Casino Hotel, and the Lady Luck Tower. The Ameristar debuted in Black Hawk in 2001, along with a luxury hotel and spa. The casino has over 1,500 slot machines, a live blackjack pit with 14 tables, three live craps tables, and an 18-table poker area.
Colorado presently prohibits all forms of online gambling, including poker. The Colorado Gaming Association did prepare a measure to regulate internet poker in 2012, modeled after a bill in New Jersey, but it has yet to be submitted in the legislature. Regardless, online games attract eager players who can still access offshore websites to engage.
Other Colorado Gaming Options
Off-track parimutuel wagering on horses and dogs, social and charitable gambling, as well as bingo and raffles controlled by the Secretary of State, are all legal.
Lottery in Colorado
The Colorado Lottery began with a single scratch game in 1983 and has since expanded to include considerably greater jackpot games such as Powerball, Mega Millions, Lotto, and Cash 5. Through partners such as Great Outdoors Colorado (GOCO), the Conservation Trust Fund, and Colorado Parks and Wildlife, lottery profits are utilized to develop and maintain parks, recreation, open space, conservation education, and wildlife initiatives.
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