Online betting is now legal in Colorado – here are the most popular ways to bet

Online betting has been legal in Colorado for some time now and many residents of our great state har started to pick up an interest in the hobby. Online betting is incredibly easy to access and is for many one of the best ways to add some extra excitement to a big game. 

But even if it’s easy to open up an account with a sportsbook it’s good to know what different modes of betting there are and how they work. There is constant casino news coming out all the time, but just knowing the basics of how individual ways of betting work can be an excellent way to start betting for yourself.

The most basic way of betting 

The most basic way that one can place a bet is through something called a game bet or picking the winner. As the name implies, this is a form of betting where the bettor in question places a bet on the team that they believe is going to win the coming game. This can be an excellent place to start as it’s very simple to understand and to get your bearings with. This form of betting can be done on everything from the NFL to the Olympics

The more complex option 

For those looking to make a more complex bet, Parlays might be the perfect fit. A parlay is a form of combination bet where the bettor combines different things that can happen during the course of a game to better their own odds. This can be everything from a certain player scoring to a team holding their opponents below a certain number of yards. Due to the fact that a number of things need to go in the bettor’s favor, these bets often bring with them much higher odds than other alternatives.  

The long con 

It’s also possible to place bets with a much longer time frame than other alternatives. Long-term bets often run the course of a season and are something that is appreciated by those who don’t enjoy game bets and the like. 

If you’re looking to try out betting for yourself 

If you’re looking to try out betting for yourself it’s important that you start out small. Even if betting is relatively simple to understand it can take some time to understand how everything works in practice. 

Support Local Journalism

Support Local Journalism

Readers around Steamboat and Routt County make the Steamboat Pilot & Today’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.