Why Sports Betting Is Not An Investment Strategy
At a glance, sports betting looks like stock trading. Sportsbooks’ odds go up and down like stock prices do. Sportsbook lines and stocks both depend on their teams’ or companies’ performances. There’s an element of chance associated with stocks and sportsbook lines. However, there are a few key differences that make a stock portfolio a […]
Colorado Voters to Decide Fate of Amendment 77, Which Would Put Casino Policy in Locals’ Hands
Colorado has a long ballot this election season. However, two of the measures on the ballot are new gaming regulations. The critical one for Coloradans is Amendment 77. Right now, if one of the gaming cities wants to change their casino laws, the whole state of Colorado has to vote on it. But Amendment 77 […]
How COVID-19 Precautions Could Make Or Break The Colorado Rapids
Every professional league has its own COVID-19 prevention measures. Consequently, some leagues have struggled more with coronavirus outbreaks than others. Major League Soccer has recently had more games delayed by the Colorado Rapids’ coronavirus outbreak. Canceled games and lead to lost betting lines, which impact Colorado sportsbooks’ bottom lines. However, these losses can be avoided. […]
Why Colorado Sportsbooks Offer Welcome Bonuses (And Why Some Don’t)
They sound too good to be true. $250 free bets, $500 signup bonuses, and $1,000 welcome bonuses seem amazing for bettors. Bettors may wonder how sportsbooks can offer that much money upfront. However, if bettors look closely at the terms and conditions, they’ll get a clue as to why sportsbooks can offer bonuses. It’s also […]
By the Numbers: The Most Profitable Sports for Colorado Sportsbooks (and Bettors) So Far
Coloradans wasted no time diving into sports betting. Once May 1, 2020, arrived, Coloradans began placing legal sports bets from their homes. They had access to many international leagues, but their favorite sports wouldn’t return until later that summer. Colorado’s new sports bettors did alright for themselves. However, some sports were more profitable for bettors […]
Why The Buffs May Sit Out The PAC-12 This Year
During the summer, it looked like college sports was doomed. Half the college leagues had decided not to play. It was a disaster for Fall sports. But as the school year returned, college leagues returned with them. First, the Big 10 decided it wanted to play in the Fall. Then, the PAC-12 decided they could […]
Who in Colorado is Betting on Sports During The Pandemic?
When Colorado sports betting came online in May, the sports world was still a sluggish mess. Professional American leagues were canceled, and no one was sure when they’d return. But during this uncertain time, sports betting revenue grew by leaps and bounds. Colorado’s new entertainment industry lost the source of its core content and became […]
How Football Will Change The Colorado Sports Betting Market
Online sports betting was small at first. Colorado’s unemployment rate was over 10% when sports betting went live in May 2020. However, sports betting revenue almost quintupled from May to August. That sounds like an amazing feat, but most of the revenue growth only came from a few sports. In fact, most of that revenue […]
Why Broncos’ Futures Odds Exploded After Their First 2 Games
The Broncos were never predicted to win the Super Bowl. At the beginning of the NFL season, the Chiefs had some of the lowest odds in the futures category. Oscillating between +500 and +600, Colorado online sportsbooks predicted the Chiefs had about a 15% chance of winning the Super Bowl. But once the season began, oddsmakers […]
Here Are All The Colorado Sportsbook Deals And Partnerships We Know About So Far
One of the ways Colorado sportsbooks reel bettors in is by offering tournaments with unique rewards. Prizes could include VIP experiences during professional sports games. Exclusive offers like those come from partnerships between sportsbooks and sports leagues. Not every sportsbook boasts a long list of impressive partnerships. But the ones have unique offerings. Here are […]