Frequently Asked Questions About Sports Betting in Colorado
1. Did the Legislature in Colorado approve sports betting?
Yes, the Legislature in Colorado approved sports betting in May 2020. This decision allowed for both in-person and online sports betting across the state.
2. When did sports betting become legal in Colorado?
The approval from the Legislature in Colorado led to sports betting becoming legal on May 1, 2020. This was after the public voted in favor of Proposition DD during the November 2019 election.
3. What types of sports betting are allowed in Colorado?
Under the regulations established by the Legislature in Colorado, bettors can place wagers on professional and collegiate sports, as well as esports and other events.
4. Are there restrictions on betting on certain sports in Colorado?
Yes, while the Legislature in Colorado approved sports betting, there are restrictions on betting on in-state college sports events and certain amateur competitions.
5. How can I place a sports bet in Colorado?
To place a sports bet in Colorado, you can visit a licensed sportsbook in person or use an online sportsbook that is approved by the state, as permitted by the Legislature in Colorado.
6. Which online sportsbooks are available in Colorado?
Several popular online sportsbooks operate in Colorado, including DraftKings, FanDuel, BetMGM, and more. These options became available after the Legislature in Colorado approved sports betting.
7. Is there a minimum age to bet on sports in Colorado?
The minimum age to participate in sports betting in Colorado is 21 years old, in accordance with the regulations put in place after the Legislature in Colorado approved sports betting.
8. Do I need to be a resident of Colorado to bet on sports?
No, you do not need to be a resident of Colorado to place a sports bet. However, you must be physically located within the state when placing a bet. This is part of the framework established when the Legislature in Colorado approved sports betting.
9. How is sports betting regulated in Colorado?
Sports betting in Colorado is regulated by the Colorado Department of Revenue. The regulations set forth were established following the approval from the Legislature in Colorado.
10. Where can I find more information about sports betting in Colorado?
For more information, you can visit the Colorado Department of Revenue’s Division of Gaming website, which offers comprehensive details about sports betting since the Legislature in Colorado approved sports betting.