Boosted by Football, CO Sports Betting Handle Surges 61% in September, Topping $200M
Proceeds for Colorado sports betting revenue topped $200 million for the first time in September, a 61% increase over August’s take, the Colorado Limited Gaming Commission announced Friday, Oct. 23. It marks the fifth consecutive month of at least double-digit gains. The return of NFL football gave a big boost to the five-month-old market. In […]
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 Sportsbooks Favor L.A. Dodgers to Win 2020 World Series
After all the discussion of how the MLB Playoffs would be affected with a 16-team tournament, the World Series comes down to the teams with the best record in the American and National League. For the first time since 2013, the best teams in each league face off as the Los Angeles Dodgers and Tampa […]
3 Mistakes to Avoid When Opening Your Colorado Sports Betting Account
Excitement can overwhelm a bettor moments after creating their first sports betting account with one of Colorado’s online sportsbooks. That rush of adventure can open the door to making some serious mistakes for the first-time bettor. There are three common mistakes that all rookies should avoid when starting their sports betting journey. Let’s take 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 […]
Colorado Sportsbooks Have Avalanche as Early 2021 Stanley Cup Favorites
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 […]
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 […]