December 24, 2021
Sports Betting Guru
Sports Betting Guru
One thing that people always gravitate towards is having that one thing that they are comfortable with or comfortable using. Now in most cases, this should always be your plan but when it comes to online sports betting, having more options available to you is the best way to secure more diverse and competitive odds, better promotions and more. As such, you always want to keep your ear to the ground when new sites open up in your state.
This would be the case right now if you are residing in Colorado. You may be loyal to BetMGM and their exceptional site or you may like to dabble in some daily fantasy sports as well as standard sports betting with DraftKings. However, if sports betting is your goal, it is going to be more than worth your while to check out what Bet365 is all about. This powerhouse of a sportsbook is about to go live in Colorado on a temporary gambling license. The “temporary” part of the license won’t be a deterrent though as all sportsbooks in Colorado start out like this before moving to a more stable license.
If there is one sportsbook that residents in the Centennial state should be considering adding to their list of sportsbooks, it’s Bet365. It’s a global brand that attracts tons of players across the world every year with its exceptional sports betting opportunities.
As it stands, Bet365 Colorado is not quite yet ready for service just yet but it is very close to being available for sports betting fans to use. What we do know is that the Limited Gaming Control Commission unanimously agreed to give Bet365 their license which means we shouldn’t have to wait too much longer for them to launch their site in Colorado.
As many of you may know, in order to operate an online sportsbook in Colorado, you need to partner with one of the land based casinos in the state. Bet365 has already found their partner in Century Casino. Bet365 will thus become another great addition to what is a growing online sports betting industry in Colorado. At present, there are 26 different online sportsbooks for betting fans to choose from.
While all of this is positive, there is no exact date for when Bet365 will officially become the 27th sportsbook option in Colorado. Again, we can’t imagine it will take too long to happen purely based on how quickly they were granted their temporary gambling license in the first place.
Since May of 2020 when sports betting was first legalized in Colorado, the state has seen a massive rise in betting revenue. In tax revenue alone, legal betting has raked in over $11 million. The total handle has already gone up to over $4 billion. This is not only due to the large number of sportsbooks available in the state but also because of the quality of these sportsbooks. Colorado has only added the best of the best sportsbooks to their repertoire. Some of the most popular sportsbooks in the US reside in Colorado as well like BetMGM, DraftKings and Faduel. Adding Bet365 to the list is likely only going to aid in growing the betting revenue in the state to even larger amounts. Keep a weather eye on the horizon for the launch of Bet365 in Colorado, it may just be the sportsbook you want to call home.