Colorado Casino News

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 […]

Why The Buffs May Sit Out The PAC-12 This Year

October 5, 2020 | By: Christopher Gerlacher

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 […]

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 […]

Who in Colorado is Betting on Sports During The Pandemic?

September 30, 2020 | By: Christopher Gerlacher

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

September 29, 2020 | By: Christopher Gerlacher

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 […]

BetAmerica Opens Colorado Sportsbook at Bronco Billy’s Casino

September 28, 2020 | By: Cole Rush

BetAmerica has opened its sportsbook at Bronco Billy’s Casino in Cripple Creek. Churchill Downs operates the BetAmerica retail sportsbook and plans to launch an online sports betting platform once it receives regulatory sign-off.  “Colorado is home to some of the most enthusiastic sports fans in professional and college sports and we are pleased to offer […]

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 […]