All-time Colorado sports betting numbers
2803377771
Dollars of sports wagers
Total sports betting handle in CO history
182245327
Dollars of gross sports betting revenue
Total sports betting revenue in CO history
79007676
Dollars of taxable sports betting revenue
Also called net sports betting proceeds
8456426
Tax dollars for the state
Total sports betting taxes to date for CO
Key CO sports betting figures
Compared to other states, Colorado does not offer up the same breadth of data other states offer. For example, it does not divulge how each operator is performing. Nor does the state revenue reports denote what bets were placed online and which were placed at a brick-and-mortar sportsbook.
Nonetheless, there are some big numbers they do provide. Here is a look at what each category measures:
Handle: The total number of dollars wagered in a given month.
Gross gaming revenue (GGR): This number is calculated by deducting the amount of dollars paid out in winning bets from handle.
Net sports betting proceeds (NSBP): Also known as taxable revenue or adjusted gross revenue (AGR), NSBP is the amount of revenue that the sportsbooks actually pay taxes on. This number represents GGR minus the amount paid in free bets as well as the .25% federal excise tax on handle.
Free bets: This is just what it sounds like. The sportsbooks offer promotional bets like risk-free bets or deposit bonuses. The sportsbooks can then deduct that amount of free bets, dollar for dollar, off of GGR to get the revenue they actually pay taxes on.
Federal tax: Every sportsbook in the US has to pay a federal tax in the form of .25% of handle.
State tax: The tax rate on sports betting in Colorado is 10% of NSBP. That money will go to the state of Colorado’s water conservation plan.
Here is a look at the lifetime totals of those figures as well as what each month produced in each category:
| Month | Handle | GGR | NSBP | Free Bets | Federal Tax | State Tax |
|---|---|---|---|---|---|---|
| May 2020 | $25,621,762 | $2,565,729 | $946,741 | $1,554,933 | $64,054 | $96,538 |
| June 2020 | $38,136,949 | $3,484,015 | $2,169,978 | $1,218,694 | $95,342 | $217,023 |
| July 2020 | $59,183,620 | $5,196,599 | $2,417,311 | $2,631,328 | $147,959 | $241,867 |
| August 2020 | $128,646,209 | $7,519,599 | $1,877,911 | $5,320,072 | $321,616 | $189,462 |
| September 2020 | $207,655,943 | $4,166,334 | ($3,394,190) | $7,041,384 | $519,140 | $69,772 |
| October 2020 | $210,719,821 | $17,402,409 | $9,642,956 | $7,232,653 | $526,800 | $824,700 |
| November 2020 | $231,238,842 | $18,354,655 | $8,977,426 | $8,799,131 | $578,097 | $793,820 |
| December 2020 | $284,551,472 | $17,151,867 | $5,676,627 | $10,763,860 | $711,379 | $531,490 |
| January 2021 | $326,903,462 | $23,144,535 | $11,730,059 | $10,597,217 | $817,259 | $1,195,774 |
| February 2021 | $266,549,207 | $10,444,810 | $175,275 | $9,603,162 | $666,373 | $332,227 |
| March 2021 | $300,990,843 | $20,365,121 | $10,632,016 | $8,980,627 | $752,477 | $1,060,854 |
| April 2021 | $244,446,760 | $17,563,939 | $10,540,337 | $6,412,486 | $611,117 | $1,082,611 |
| May 2021 | $248,968,135 | $15,154,761 | $5,911,265 | $8,621,095 | $622,400 | $635,641 |
| June 2021 | $229,764,688 | $19,730,957 | $11,703,974 | $7,452,572 | $574,412 | $1,186,455 |
| Total | $2,803,377,771 | $182,245,327 | $79,007,676 | $96,229,207 | $7,008,445 | $8,456,426 |
Month-by-month Colorado betting breakdown
Here is a look at how much was wagered each month and which sports were the most popular among Colorado sports bettors:
June 2021
| Wagers by sport | Total Handle | Online Handle | Retail Handle | Revenue (GGR) |
|---|---|---|---|---|
| Pro Basketball | $74,884,932 | $73,725,307 | $1,159,625 | $4,010,908 |
| Baseball | $54,554,496 | $53,771,166 | $783,330 | $1,884,821 |
| Soccer | $12,757,625 | $12,704,742 | $52,883 | $1,342,172 |
| Tennis | $12,283,525 | $12,274,232 | $9,293 | $852,557 |
| Hockey | $10,679,259 | $10,539,545 | $139,714 | $2,569,716 |
| Table Tennis | $8,678,789 | $8,673,902 | $4,887 | $703,529 |
| Golf | $5,921,356 | $5,907,841 | $13,515 | $864,694 |
| MMA | $2,302,772 | $2,295,981 | $6,791 | $308,356 |
| Motorsports | $499,313 | $497,224 | $2,089 | $41,222 |
| Pro Football | $306,435 | $290,953 | $15,482 | $276,110 |
| Other | $12,977,526 | $12,845,734 | $131,792 | $1,479,769 |
| Parlay | $33,918,660 | $33,547,629 | $371,031 | $5,397,102 |
| Total | $229,764,688 | $227,074,256 | $2,690,432 | $19,730,956 |
May 2021
| Wagers by sport | Total Handle | Online Handle | Retail Handle | Revenue (GGR) |
|---|---|---|---|---|
| Pro Basketball | $86,905,263 | $85,827,786 | $1,077,477 | $5,375,653 |
| Baseball | $49,058,252 | $48,351,202 | $707,049 | $2,220,341 |
| Hockey | $15,496,450 | $15,348,359 | $148,091 | $246,547 |
| Table Tennis | $10,253,385 | $10,239,727 | $13,658 | $765,237 |
| Soccer | $9,854,188 | $9,803,873 | $50,315 | $425,152 |
| Tennis | $8,213,423 | $8,209,139 | $4,284 | $678,612 |
| Golf | $4,797,097 | $4,786,600 | $10,496 | -$532,778 |
| MMA | $2,500,010 | $2,482,562 | $17,448 | $430,129 |
| Boxing | $758,013 | $734,924 | $23,089 | $21,854 |
| Motorsports | $718,490 | $714,815 | $3,674 | -$17,119 |
| Other | $16,750,931 | $16,750,931 | $0 | $465,055 |
| Parlay | $43,662,693 | $43,238,707 | $423,986 | $5,050,426 |
| Total | $248,968,193 | $246,488,626 | $2,479,567 | $15,129,108 |
April 2021
| Wagers by sport | Total Handle | Online Handle | Retail Handle | Revenue (GGR) |
|---|---|---|---|---|
| Basketball | $84,282,447 | $83,051,912 | $1,230,535 | $2,837,327 |
| Baseball | $48,269,730 | $47,841,788 | $427,942 | $2,658,153 |
| Hockey | $10,602,122 | $10,514,805 | $87,317 | $572,457 |
| Table Tennis | $8,961,483 | $8,956,738 | $4,746 | $728,764 |
| Soccer | $8,743,996 | $8,669,322 | $74,674 | $764,615 |
| Tennis | $8,126,095 | $8,123,216 | $2,878 | $790,908 |
| NCAA Basketball | $6,840,999 | $6,640,740 | $200,259 | -$210,262 |
| Golf | $6,407,735 | $6,385,390 | $22,345 | $661,853 |
| MMA | $2,697,007 | $2,663,997 | $33,010 | $120,633 |
| Pro Football | $1,697,172 | $1,678,372 | $18,800 | $79,895 |
| Other | $14,901,725 | $14,884,555 | $17,170 | $1,333,545 |
| Parlay | $42,916,248 | $42,509,051 | $407,197 | $7,226,052 |
| Total | $244,446,760 | $241,919,886 | $2,526,874 | $17,563,939 |
March 2021
| Wagers by sport | Total Handle | Online Handle | Retail Handle | Revenue (GGR) |
|---|---|---|---|---|
| Pro Basketball | $106,933,604 | $103,706,622 | $3,226,982 | $2,037,683 |
| NCAA Basketball | $70,956,812 | $69,679,801 | $1,277,011 | $4,366,068 |
| Hockey | $13,762,812 | $13,632,641 | $130,171 | $1,024,961 |
| Tennis | $10,858,864 | $10,854,743 | $4,121 | $712,947 |
| Soccer | $8,947,345 | $8,907,228 | $40,117 | $405,400 |
| Table Tennis | $8,841,600 | $8,826,398 | $15,202 | $641,995 |
| Golf | $4,843,649 | $4,819,964 | $23,685 | $558,962 |
| MMA | $3,491,865 | $3,446,236 | $45,629 | $585,288 |
| Baseball | $630,311 | $599,174 | $31,137 | $583,615 |
| Motorsports | $605,264 | $601,851 | $3,413 | $64,657 |
| Other | $15,350,546 | $15,130,013 | $220,533 | $1,535,783 |
| Parlay | $55,768,171 | $55,006,431 | $761,740 | $7,847,762 |
| Total | $300,990,843 | $295,211,102 | $5,779,741 | $20,365,121 |
February 2021
| Wagers by sport | Total Handle | Online Handle | Retail Handle | Revenue (GGR) |
|---|---|---|---|---|
| Pro Basketball | $95,048,567 | $93,097,256 | $1,951,312 | $4,599,618 |
| NCAA Basketball | $39,550,966 | $36,407,735 | $3,143,231 | $1,243,681 |
| Pro Football | $24,160,614 | $21,664,493 | $2,496,121 | -$3,682,739 |
| Hockey | $13,019,869 | $12,900,963 | $118,906 | $749,909 |
| Tennis | $9,515,975 | $9,503,190 | $12,785 | $282,073 |
| Table Tennis | $6,893,992 | $6,890,939 | $3,052 | $577,433 |
| Soccer | $6,333,382 | $6,287,181 | $46,200 | $636,908 |
| Golf | $3,940,042 | $3,931,300 | $8,743 | $314,027 |
| MMA | $2,074,834 | $2,053,220 | $21,614 | $168,865 |
| Motorsports | $666,414 | $660,715 | $5,699 | $310,674 |
| Other | $25,457,567 | $25,410,953 | $46,614 | -$889,888 |
| Parlay | $39,886,984 | $39,411,423 | $475,561 | $6,134,249 |
| Total | $266,549,207 | $258,219,369 | $8,329,837 | $10,444,810 |
January 2021
| Wagers by sport | Total handle | Online handle | Retail handle | Revenue (GGR) |
|---|---|---|---|---|
| Pro Basketball | $88,365,107 | $86,975,009 | $1,390,098 | $4,192,297 |
| Pro Football | $74,996,682 | $71,218,552 | $3,778,130 | $7,042,317 |
| NCAA Basketball | $39,867,108 | $39,083,723 | $783,385 | $1,229,664 |
| Table Tennis | $11,820,170 | $11,805,187 | $14,982 | $827,687 |
| Hockey | $9,589,729 | $9,500,015 | $89,714 | $850,813 |
| Soccer | $6,135,985 | $6,081,353 | $54,632 | $462,168 |
| NCAA Football | $3,374,245 | $2,872,422 | $501,823 | ($292,347) |
| MMA | $3,027,780 | $2,890,134 | $137,646 | $652,509 |
| Tennis | $2,944,133 | $2,935,853 | $8,280 | $250,916 |
| Golf | $1,733,107 | $1,730,869 | $2,238 | $14,422 |
| Parlay | $53,326,437 | $52,564,926 | $761,512 | $8,320,556 |
| Other | $31,722,979 | $31,696,059 | $26,920 | ($406,467) |
| Total | $326,903,462 | $319,354,103 | $7,549,359 | $23,144,535 |
December 2020
| Wagers by sport | Total handle | Online handle | Retail handle | Revenue (GGR) |
|---|---|---|---|---|
| Pro Football | $88,176,863 | $86,499,474 | $1,677,389 | $5,107,654 |
| Pro Basketball | $42,873,295 | $42,623,367 | $249,928 | $2,784,371 |
| NCAA Basketball | $35,234,085 | $34,712,033 | $522,052 | $97,366 |
| NCAA Football | $14,962,660 | $14,149,730 | $812,930 | $1,094,320 |
| Table Tennis | $10,959,432 | $10,950,604 | $8,828 | $763,373 |
| Soccer | $5,479,552 | $5,449,551 | $30,001 | $630,284 |
| Tennis | $1,717,178 | $1,716,378 | $800 | $174,415 |
| MMA | $1,247,154 | $1,241,156 | $5,998 | $144,092 |
| Golf | $659,867 | $659,291 | $576 | $26,516 |
| Hockey | $484,618 | $483,753 | $865 | $93,358 |
| Parlay | $46,446,755 | $45,681,477 | $765,278 | $8,092,669 |
| Other | $36,310,015 | $36,277,097 | $32,917 | ($1,856,551) |
| Total | $284,551,472 | $280,443,910 | $4,107,56 | $17,151,867 |
November 2020
| Wagers by sport | Total handle | Online handle | Retail handle | Revenue (GGR) |
|---|---|---|---|---|
| Pro Football | $88,472,268 | $86,262,368 | $2,209,900 | $7,495,032 |
| NCAA Football | $22,284,046 | $12,398,425 | $1,030,488 | $685,344 |
| Table Tennis | $12,406,614 | $12,398,425 | $8,189 | $829,824 |
| Pro Basketball | $9,671,471 | $9,650,195 | $21,277 | $369,551 |
| NCAA Basketball | $8,265,731 | $8,218,323 | $47,408 | $51,629 |
| Soccer | $7,367,477 | $7,318,830 | $48,647 | $442,740 |
| Golf | $5,037,269 | $5,021,461 | $15,808 | $76,197 |
| Tennis | $3,621,685 | $3,585,111 | $36,574 | $214,314 |
| MMA | $1,705,245 | $1,679,418 | $25,828 | $193,079 |
| Boxing | $537,597 | $533,392 | $4,205 | $169,083 |
| Parlay | $40,371,267 | $39,461,788 | $909,479 | $7,461,278 |
| Other | $31,498,173 | $31,489,320 | $8,853 | $377,585 |
| Total | $231,238,842 | $226,872,187 | $4,366,655 | $18,354,655 |
October 2020
| Wagers by sport | Total handle | Online handle | Retail handle | Revenue (GGR) |
|---|---|---|---|---|
| NFL | $67,982,612 | $65,898,747 | $2,083,865 | $3,234, 245 |
| Baseball | $23,045,433 | $22,673,545 | $371,888 | $1,284,235 |
| NCAA Football | $16,523,665 | $15,767,743 | $755,922 | $513,031 |
| Basketball | $12,678,276 | $12,507,782 | $170,494 | $474,283 |
| Table Tennis | $9,346,381 | $9,341,131 | $5,250 | $490,598 |
| Soccer | $5,861,924 | $5,768,381 | $93,543 | $525,078 |
| Tennis | $3,999,917 | $3,983,979 | $15,938 | $379,613 |
| MMA | $2,513,989 | $2,471,613 | $42,375 | $89,336 |
| Golf | $2,130,199 | $2,126,956 | $3,243 | $53,580 |
| Hockey | $950,657 | $950,261 | $396 | ($252,175) |
| Parlay | $37,171,815 | $36,491,661 | $680,154 | $8,172,848 |
| Other | $28,514,954 | $28,459,355 | $55,600 | $353,874 |
| Total | $210,719,821 | $206,441,154 | $4,278,668 | $17,402,409 |
September 2020
| Wagers by sport | Total handle | Online handle | Retail handle | Revenue (GGR) |
|---|---|---|---|---|
| Baseball | $47,108,861 | $46,478,503 | $630,358 | ($3,044,914) |
| NFL | $38,611,752 | $37,360,906 | $1,205,846 | $1,744,378 |
| Basketball | $37,774,553 | $36,895,618 | $878,935 | $299,227 |
| Hockey | $11,472,947 | $11,322,996 | $149,951 | $357,148 |
| Table Tennis | $5,377,073 | $5,371,148 | $5,924 | $377,561 |
| Tennis | $5,050,503 | $5,038,487 | $12,016 | $251,973 |
| Soccer | $4,908,031 | $4,835,918 | $72,113 | $455,574 |
| MMA | $1,408,513 | $1,392,395 | $16,117 | ($53,280) |
| NCAA Football | $3,840,317 | $3,687,348 | $152,969 | $157,073 |
| Golf | $3,214,443 | $3,209,331 | $5,112 | $533,733 |
| Parlay | $28,172,699 | $27,577,826 | $594,872 | $3,913,861 |
| Other | $20,716,251 | $20,712,317 | $3,934 | ($825,999) |
| Total | $207,655,943 | $203,882,793 | $3,773,149 | $4,166,334 |
August 2020
| Wagers by sport | Total handle | Online handle | Retail handle | Revenue (GGR) |
|---|---|---|---|---|
| Basketball | $38,040,027 | $37,297,915 | $742,112 | $2,128,145 |
| Baseball | $22,789,309 | $22,476,539 | $312,771 | $1,330,172 |
| Hockey | $13,594,062 | $22,476,539 | $222,942 | $984,692 |
| Table Tennis | $4,529,502 | $4,511,781 | $17,721 | $350,751 |
| Golf | $4,477,179 | $4,464,945 | $12,234 | ($355,367) |
| Soccer | $3,528,514 | $3,439,413 | $89,102 | $77,281 |
| Tennis | $2,407,449 | $2,403,020 | $4,429 | $159,556 |
| MMA | $1,942,812 | $1,933,884 | $8,927 | $56,158 |
| Competition | $618,381 | $618,381 | $0 | ($16,207) |
| Motorsports | $299,440 | $297,710 | $1,730 | $39,333 |
| Parlay | $22,662,125 | $22,150,097 | $55,975 | $2,655,388 |
| Other | $13,757,408 | $13,701,433 | $55,975 | $222,012 |
| Total | $128,636,209 | $126,666,238 | $1,979,971 | $7,519,599 |
July 2020
| Wagers by sport | Total handle | Online handle | Retail handle | Revenue (GGR) |
|---|---|---|---|---|
| Baseball | $9,217,343 | $9,096,568 | $120,775 | $710,374 |
| Soccer | $7,601,501 | $7,558,561 | $42,940 | $621,152 |
| Table Tennis | $5,109,202 | $5,099,432 | $9,795 | $271,179 |
| Golf | $4,830,141 | $4,820,346 | $9,795 | $717,303 |
| Basketball | $3,334,820 | $3,192,267 | $142,553 | $76,490 |
| MMA | $2,643,976 | $2,621,530 | $22,446 | $237,371 |
| Tennis | $2,086,288 | $2,079,881 | $6,407 | $98,099 |
| Motorsports | $461,760 | $460,812 | $948 | $132,615 |
| Hockey | $394,570 | $389,092 | $5,478 | $277,935 |
| Boxing | $293,147 | $292,094 | $1,053 | $50,088 |
| Parlay | $8,638,481 | $8,439,415 | $199,066 | $1,413,240 |
| Other | $15,572,390 | $14,550,805 | $21,585 | $1,590,732 |
| Total | $59,183,620 | $58,600,805 | $582,815 | $5,196,599 |
June 2020
| Wagers by sport | Handle | Revenue (GGR) |
|---|---|---|
| Table tennis | $9,148,984 | $535,423 |
| Soccer | $4,136,069 | $288,627 |
| Golf | $3,426,742 | $459,847 |
| MMA | $2,159,116 | $7,668 |
| Tennis | $1,336,628 | $60,468 |
| Baseball | $1,238,543 | $37,247 |
| Motorsports | $617,683 | $98,502 |
| Basketball | $442,546 | $97,841 |
| Boxing | $315,522 | $36,193 |
| Football | $94,437 | $91,330 |
| Parlay | $4,673,441 | $791,758 |
| Other | $10,537,238 | $955,247 |
| Total | $38,136,949 | $3,484,015 |
May 2020
| Wagers by sport | Handle | Revenue (GGR) |
|---|---|---|
| Table tennis | $6,589,475 | $413,897 |
| MMA | $1,742,608 | $264,616 |
| Baseball | $1,656,613 | ($18,293) |
| Soccer | $1,529,844 | $70,361 |
| Golf | $1,423,684 | $146,453 |
| Tennis | $708,762 | $53,428 |
| Motorsports | $520,317 | $110,769 |
| Football | $252,328 | $250,397 |
| Darts | $133,291 | $133,291 |
| Hockey | $117,395 | $117,395 |
| Parlay | $3,007,111 | $3,007,111 |
| Other | $7,940,425 | $7,940,425 |
| Total | $25,621,762 | $2,565,729 |