..

Colorado Sports Betting Pros and Cons - Latest News

Written by:
Aaron Goldstein
Published on:
Nov/12/2019

Gambling911.com has all your latest news as it pertains to legalized sports betting in Colorado.  First we take a quick look at some of the pros and cons.  The only significant limitation we see in Colorado is the inability to place bets on player props with college sports including March Madness.  The overall response towards Iowa sportsbook apps from the get-go have been mostly positive.

Pros Cons
*Mobile sports betting available *On-site sports betting only available in three remote towns
*No need to register on-site *No player prop bets offered on college sports
*Betting on state college teams allowed *Social security number submission and potential paper trail and tax on winnings under certain circumstances
*Debit cards, credit cards can be used to open betting account and receive payment *Not available until May 2020 with some additional rules likely
*No set betting limits *No betting on credit

PointBet Details Colorado Sports Betting Launch

Australian wagering firm PointsBet was quick to set up an office in Downtown Denver and this week outlined plans to launch sports betting some time this coming spring (2020).

Residents narrowly voted to allow sports betting in the state last week.

The Colorado Division of Gaming is now in the process of establishing rules and regulations for the Colorado sports betting market, and PointsBet has said it will work with the regulator to help launch sports betting.

They will be joining forces with Double Eagle Hotel and Casino in Cripple Creek to offer both a retail sportsbook and mobile site.

The on-site venue is expected to include a sports bar, a multi-screen video and odds display wall, viewing parties for major sporting events and extra casino gaming options.

PointsBet currently operates in New Jersey and Iowa.

More Information

Colorado Voters Narrowly Approve Sports Betting

Prop DD Sports Betting Iniative in Colorado Results Coming In

Can I Place Sports Bets With PointsBet in Colorado?

- Gilbert Horowitz, Gambling911.com

Gambling News

Sports Betting - Psychology is a Valuable Commodity

I was just watching one of those "A Football Life" shows produced by NFL Network. And the subject was Jimmie Johnson, who won a national collegiate championship at Miami and then two Super Bowls with the Dallas Cowboys.

How Bookies Are Keeping Players Active During the Pandemic

How Bookies Are Keeping Players Active During the Pandemic

The three types of marketing bookmakers should become familiar with are branding, acquisition, and retention campaigns. Each of these plays a crucial role in the success and development of any business in the world.  Here we focus on retention at a time when sports have been limited due to the worldwide pandemic.

Sports Gambling Demand to See Boost in July

Sports Gambling Demand to See Boost in July

July is traditionally the slowest month of the year for sports betting.  That should not be the case in July 2020 as sportsbook and gamblers alike rev up for the start of Major League Baseball, NBA and what should prove to be an exciting Major League Soccer Tournament in Orlando. 

Covid Casino, Nevada Cases Triple But Less Severe

Covid Casino, Nevada Cases Triple But Less Severe

San Diego County Public Health officials said Wednesday they are working with tribal lands to investigate positive COVID-19 cases that may be connected to several local casinos.

Syndicate