About the Author
Christopher Gerlacher
Analysis: CO Sports Betting Tax Revenue Is 29% Of What We Thought It’d Be
Colorado sports betting was supposed to be a modest revenue stream for the state. When Prop DD passed, voters were asked to approve a tax increase that would generate up to $29 million. However, Colorado so far is on track to approach $2 million in tax revenue from sports betting. The low tax bill could […]
Opinion: Examining The Centennial Institute’s Opposition to Amendment 77
Amendment 77 has been endorsed by large gaming companies and a PAC called Local Choice Colorado. A few editorial boards have voiced opposition, however only one local group has officially come out against Amendment 77. The Centennial Institute is a conservative think tank founded at Colorado Christian University. Their voter guide recommends voting against Amendment […]
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 […]