A Closer Look at the Fine Print in Colorado Sportsbook Promos

November 12, 2020 | By: Christopher Gerlacher

I don’t know anyone who wouldn’t be excited about the prospect of free money. Many Colorado sportsbook ads on billboards, TV commercials, and social media feeds offer big money upfront. However, bettors shouldn’t take these offers at face value. The terms governing those offers are critical to understanding how bettors can take advantage of enticing […]

Why Sports Betting Is Not An Investment Strategy

October 20, 2020 | By: Christopher Gerlacher

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 Sportsbooks Have Avalanche as Early 2021 Stanley Cup Favorites

October 15, 2020 | By: Erich Richter

The NHL playoffs were completed thanks in large part to a bubble similar to the NBA. The season completed with a Tampa Bay Lightning Stanley Cup Victory. According to several sportsbooks, Colorado fans have plenty to look forward to. The Colorado Avalanche are the favorites to win the Stanley Cup thanks to an impressive playoff […]

By the Numbers: The Most Profitable Sports for Colorado Sportsbooks (and Bettors) So Far

October 7, 2020 | By: Christopher Gerlacher

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 […]

5 Reasons Colorado Sportsbooks Move Their Lines

October 1, 2020 | By: Derek Worlow

When Colorado sportsbooks set their betting lines for a game, their overall goal is to make money. The lines have to be accurate to limit exposure to getting crushed with one side of the bet. In a perfect world, sportsbooks would see a balance of bets on both sides to limit liability but leave enough […]

Why Broncos’ Futures Odds Exploded After Their First 2 Games

September 24, 2020 | By: Christopher Gerlacher

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 […]

Colorado Sports Betting Handle Jumps 117% in August; 98.5% of Bets Placed Online

September 23, 2020 | By: Chris Nesi

Move over ping-pong, it’s basketball, baseball, and hockey’s time to shine. With all major U.S. sports leagues back in action, and retail sportsbooks popping up all over the state, Colorado sports betting had its best monthly handle yet for August, the Colorado Limited Gaming Commission reported on Wednesday, Sept. 23. The total amount wagered on […]