Basketball is the big sport for the Colorado State Rams, who made the NCAA Tournament in and should make it again in CSU has played in the Mountain West Conference since The Air Force Falcons have enjoyed a hefty amount of success in the Mountain West Conference over the past five years.

Air Force has gone on to win the Armed Forces Bowl in each of the last two seasons and has won at least nine games in four of the last five years.

Bear in mind that this is only a sample — check out sportsbooks directly if you are looking for a specific sport. The NFL is one of the most popular Colorado sports, and with good reason. While the Broncos have not been in the Super Bowl conversation recently, they have lifted the Vince Lombardi trophy three times and have won the AFC Championship eight times.

Now that the NBA season is underway, you can be guaranteed that action at local sportsbooks is fierce, with great odds and special parlays available for the majority of regular season games. Of course, Colorado sports bettors always back the Denver Nuggets and that faith finally paid off in May when the Nuggets defeated Miami Heat to claim their first NBA Championship.

The Colorado Rockies have never won a World Series and the only time they made it to the series, they were swept away by the Boston Red Sox. The Colorado Avalanche are the only active team in the NHL to win all of its Stanley Cup Appearances.

The most recent win is pretty fresh in the memory, coming in the season when the Avalanche beat the Tampa Bay Lightning to clinch its third championship. Colorado is one of several states that allows betting on college football - and all college sports - that involve in-state teams.

There are a number of Colorado college sports teams to bet on from the Colorado Buffaloes to the Air Force Falcons. There is one restriction, however, when deciding on legal sportsbooks to bet on; individual proposition wagers are not allowed on any college sports.

Yes, all winnings from any form of gambling must be declared as an income in Colorado. This means winnings from sports betting are subject to the standard income tax rate of 4. This is payable on all sports betting winnings no matter how big or small. Colorado sportsbook operators are obliged to report gambling winnings over a certain threshold.

Once you hit that threshold, the operator must issue a W-2 G that you must fill out. The W-2 G form is held for the IRS and your yearly tax return will be cross-referenced against any W-2 Gs held by sportsbooks to ensure that you have declared all your winnings as income and have paid the required taxes.

Fortunately, we have a Colorado gambling tax calculator to answer any questions that you may have. The Colorado state government takes responsible gaming very seriously and has strict guidelines for each and every sports betting and gambling operator in the state.

All sportsbook providers must offer tools and features that allow gamblers to gamble responsibly. These includes self-exclusion programs and limits for deposits, spending and losses, among others.

The Problem Gambling Coalition of Colorado also works closely with the Colorado Gaming Association to offer a voluntary self-exclusion program. This is available for all gamblers and can apply to both retail and online Colorado sports betting industries.

Here are some useful resources and contact information for responsible gambling support in Colorado. This information should be available on all Colorado sports betting sites. Colorado Gamblers Anonymous — The group provides information for those with gambling problem including local meetings and support groups.

Problem Gambling Coalition of Colorado - Coalition provides educational and treatment options for gamblers in Colorado.

The Colorado state government recently approved the "Responsible Gaming Grant Program" bill that would set aside a portion of all gambling taxes for responsible gaming measures and initiatives. In addition, the Department of Gaming sets out strict rules and consumer protections designed to ensure that Colorado bettors are protected at all times.

This includes a rigorous vetting process for all license holders so bettors know that they are gambling at a safe and reliable sportsbook. Once the complaint is filed, the Division will look into your complaint and launch a full investigation if required.

We actually recommend that bettors take full advantage of multiple welcome bonuses and open accounts with several sportsbook platforms. The idea here is not just to get the most value for money through those welcome bonuses but to also give yourself options.

For example, if you decide to back the Denver Nuggets to retain their NBA Championship, you may find that odds can vary a bit from one sportsbook to the next. You may also find that the likes of PointsBet the Nuggets official sports gambling partner may have some special deals on this type of wager.

Always look for value and always wager only what you can afford to lose. com is an independent sports betting comparison website with affiliate links. Our operator reviews and recommendations for Colorado sports betting apps and more are impartial as our editorial standards are commercially independent and follow a professional methodology.

All licensed Colorado online sports betting operators should have a strong commitment to responsible gambling. Every Colorado sports betting site should feature a prominent responsible gambling section containing a wealth of advice about how to keep your wagering under control.

This should include links to agencies, such as the Problem Gambling Coalition of Colorado and the National Council on Problem Gambling, that can offer expert help and support. Yes, sports betting is legal in Colorado following a voter referendum held in November which allowed casinos to apply for in-person and online sports betting licenses.

Following the vote, both the retail and online sports betting industries launched in May Colorado made online sports betting legal in November , when voters approved a bill that went into effect the following May. This allowed casinos to apply for licenses to launch both retail and mobile sports wagering.

The Colorado sports betting industry launched in May According to Colorado sports betting rules and regulations, all bettors must be 21 or older to place wagers at either retail or online sportsbooks in Colorado.

It is illegal for anyone under the minimum age to place wagers on sports in any way whatsoever. Yes, you can bet on sports online and in person in the state of Colorado.

As of March , there are 20 online sports betting websites and apps licensed to operate in the state. LIVE TV BET NOW's livestream feature lets you watch BET live anytime, anywhere, right on your Android phone or tablet!

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