Colorado Sports Betting Launch: How Coronavirus Impacts the Expected Start

Credit:

Robert Alexander/Getty Images

May 01, 2020, 11:10 AM EDT
  • Colorado sports betting went live on Friday, May 1, despite all casinos being closed due to Coronavirus.
  • Though not much is different, here's how COVID-19 impacts the legal betting launch in the Centennial State.

With social distancing measures impacting industries throughout Colorado, you may be wondering if the state’s scheduled launch of legalized sports betting is being effected.

The short answer is no: Colorado sports betting will still launch on May 1.

The long answer is yes, in key two ways.

Bet $25, Win $75 if PHI or PIT Score a TD
Full Review
Bet $25 on Eagles or Steelers as 1st bet
Win $75 if your team scores a TD
New customers only

The first way is that, while the state’s stay-at-home order expired on April 27, it implemented another public health order that will keep casinos closed until at least May 26.

But that impacts only the in-person wagering that would’ve happened inside sportsbooks. Since Colorado is one of five states to legalize full online sports betting (meaning you can open a sportsbook account and bet online, so long as you’re inside Colorado state lines), books will still be able to launch online operations on May 1 … if they’re ready.

[Get All of Your Colorado Sports Betting Questions Answered Here]

When it’s all said and done, the Colorado sports betting market will be among the most robust in the country, but only a few sportsbooks will be ready to roll on May 1.

DraftKings and FanDuel began marketing to bettors in the state prior to the May 1 launch and were first out of the gate in Colorado, accepting bets on Friday. BetMGM and BetRivers also went live in Colorado on May 1, as well.

Other sportsbooks, such as PointsBet, Circa Sports and SuperBook USA, are expected to come online later in May.

The second way coronavirus is impacting the launch is obvious: The menu of sports available to bet on is severely limited.

The launch was supposed to be one day before the Kentucky Derby, one month into the MLB season, and a couple weeks into the NBA and Stanley Cup playoffs. Of course the Derby has since been rescheduled (September 5) and all three of those leagues are on hiatus.

Despite the limitations, sportsbooks are expected to offer a variety of odds to bet on in the interim. That’s expected to include markets for non-traditional sports such as eSports and darts, as well as future bets on the NBA title, Super Bowl, NFL season-long player props and more.

As we get later into May, there will be more high-profile events for Coloradans to bet on, such as UFC 249 (May 9), Bundesliga soccer matches (estimated May 9), the return of NASCAR races (reportedly May 17) and the highly anticipated Tiger Woods/Peyton Manning vs. Phil Mickelson/Tom Brady golf match (estimated May 24).

[New to Action? Sign up for our newsletter to get the best sports betting info delivered to your inbox daily.]


More Colorado Sports Betting Coverage

How would you rate this article?
Follow Katie Richcreek on Twitter
@katiesrichcreek

Top Offers

Odds Boosts
See More >
Odds boosts are simply regular bets offered at enticing odds. They're available to everyone and there's no limit to how many you can bet.
Sportsbook Reviews
See More >
Discover the best online sports betting sites and take advantage of bonus offers from legal sportsbooks.
Expert Picks
See More >
See what plays the Action Network experts are making for all of today's games.
PRO Membership
See More >
Access betting systems and signals to get daily, actionable picks.
Download the App
See More >
Download the Action app to track all your bets in one place. Exclusive data helped you make smarter betting decisions.
Newsletter
See More >
The best sports betting newsletter with trends, insights and news - condensed in a two-minute read.
Live Odds
See More >
See live odds and the best lines for every game.

Follow Us On Social

Top Stories