Horse Racing in Colorado – Find the Best Colorado Horse Racing Betting Sites

Geoff Kukard profile picture
Sports Editor Fact Checked by David Myers

The popularity of horse racing across the world has proven a long-term fixture in the global sporting calendar for decades – and it shows no signs of slowing up, with events like the Breeders’ Cup going from strength-to-strength in attracting huge coverage.

A fair portion of the revenue horse racing generates in the U.S. also moves through the Centennial State, from the thundering thrill of Arapahoe Park to the real-time online odds flashing on screens – and now is a great time to discover the best and brightest horse racing betting sites in Colorado. 

We’ll take you through all you need to know to wager like a pro, listing the top ten online destinations for horse racing, bonuses and rebates. Your guide to CO horse racing starts now. 

BetOnline Sports logo

50% up to $1000 Welcome Bonus

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Everygame Sports logo

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BetNow Sports logo

100% up to $1000 Welcome Bonus

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Bovada Sports logo

Get a Welcome Bonus of up to $750

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Sportsbetting AG Sports logo

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Lucky Block logo

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Jazz Sports logo

50% Sports Welcome Bonus Up To $1000

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BetUS Sports logo

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MyBookie Sports logo

50% Welcome Deposit Bonus up to $1000

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Mega Dice Offer logo

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BUSR Sports logo

150% Deposit Bonus up to $2500

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XBet Sports logo

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In This Guide

The Best Colorado Horse Racing Betting Sites

With the global horse racing market forecasted to reach $6.3 billion by 2025, Colorado bettors are chomping at the bit to get involved and discover the top state horse racing sites featuring the next star-studded race. From welcome bonuses and daily rebates to a range of leading markets, bet types and odds — here are the top 10 sites for Colorado horse racing betting.

  1. BetOnline – No.1 Horse Racing Site in Colorado with 60+ Racing Markets
  2. BetNow – Racing Odds for Multiple Tracks, plus 10% Horse Racing Rebates
  3. MyBookie – Early Morning Lines for Colorado’s Upcoming Races 
  4. BUSR – Regular Choice of 30+ Racing Markets & Reload Bonuses
  5. Bovada – Fast Live Betting for High-Profile Racedays
  6. BetUS – Regular Crypto Promotions and Bonuses for Colorado Bettors
  7. Xbet – 50+ Tracks & Bet Types with Morning Lines and Stronger Odds
  8. Jazz – 50% Sports Welcome Bonus to Bet on Horse Racing
  9. EveryGame – Very Secure Sportsbook offering Racing Exotics
  10. Sportsbetting.ag – Comprehensive Horse Racing Odds for Coloradans

The Best Colorado Horse Racing Betting Sites Reviewed

Stick around as we rate and review the year’s best Colorado horse racing betting sites and offshore sportsbooks. Whether you’ve been around the track or fresh out the gate, the below-ten sites are primed to impress. 

1. BetOnline – No.1 Horse Racing Site in Colorado with 60+ Racing Markets

BetOnline homepage - CO horse racing betting platforms

First up, BetOnline takes the lead as a top-tier sportsbook, racebook and online casino platform. Established in 1999, BetOnline offers an exceptional racebook tailored specifically for Colorado residents, complete with a multitude of different markets and bet types. 

BetOnline’s 60+ local and international markets cover weekend circuits through to massive spectacles like the coveted Kentucky Derby and every racetrack in between. Moreover, the site houses some of the best standards and exotics, complete with morning lines, daily rebates, comprehensive odds and the occasional boost.  

While they don’t all carry over to the racebook, both new and existing sportsbook players in Colorado can enjoy some leading bonuses and promos, including a 50% sports welcome bonus up to $1,000. Moreover, you’ll find a recurring daily rebate where online wagers will unlock up to 9%, as well as a $25 Risk-Free where if your horse doesn’t win, you’ll be reimbursed the value of your wager. 

BetOnline has also gone to great lengths to ensure the site runs seamlessly on both desktop Android and iOS. Additionally, the site’s firm industry reputation, lock-tight security protocols, fast banking methods and offshore license ensures a world-class, 24/7 betting experience.

What we like:

  • 60+ local and international markets
  • Ample standard and exotic wagers
  • Fast payouts, including crypto
  • Early odds for high-profile race days
  • 9% rebate on exotic bets

What we don’t:

  • Higher withdrawal limits

 

2. BetNow – Racing Odds for Multiple Tracks, plus 10% Horse Racing Rebates

BetNow homepage

With its wide-ranging race coverage, diverse bet types, and user-friendly interface, BetNow offers a comprehensive and thrilling horse racing experience for both novice and experienced punters alike. 

Scroll through the site and you’ll find some of the best local and international markets covering every major race day, meeting, and derby imaginable, as well as a host of leading bet types, including win, place, show, exacta, trifecta, superfecta and more. 

As far as existing and recurring onsite bonuses are concerned — BetNow has a few on the cards. New players can redeem a 200% welcome bonus up to $1,000 in exchange for a nominal first-time deposit. Other promotions include a weekly 10% rebate on qualifying tracks and a referral bonus of up to 20%. 

Additionally, some of BetNow’s long-standing onsite features include multiple fast-reflecting banking methods, including crypto, SSL encryption technology and other account protection measures. Finally, the site is fully geared to mobile gaming on both Android and iOS where seamless navigation intersects with a fast-loading, zero buffer interface. 

What we like:

  • Multiple bonuses and promotions
  • 20% referral bonus
  • 10% horse racing rebate
  • Multiple standard and exotic wagers
  • Core mobile integration

What we don’t:

  • Slightly more limited track selection

 

3. MyBookie – Early Morning Lines for Colorado’s Upcoming Races

MyBookie homepage - the best CO horse racing betting platforms

With its user-friendly design, fast-loading site interface, diverse range of markets, and enticing list of recurring bonuses, MyBookie takes our top three spot as one of the single best Colorado horse racing platforms. This offshore platform has moved from strength to strength since 2014 and today houses thousands of sports, casino and live betting experiences.

The MyBookie racebook is packed to capacity with all of the biggest local and international race days, derbies, markets and bet types, with leading odds on key exotics, including superfecta, trifecta, daily doubles, pick 3’s, and more. Moreover, you’ll find some excellent odds for in-play bets, along with some decent morning lines for the day’s top events. 

Like BetOnline and BetNow — MyBookie is a top destination for unlocking bonuses and promotions for a host of signature sports markets, including dedicated incentives for horse racing fanatics with recurring favorites like an 8% daily rebate on qualified tracks, or the 50% up to $1,000 sports welcome bonus. You’ll also find a warm 25% sports reload bonus for continued play and a 200% referral bonus of up to $200 for introducing new players to the site. 

Aside from its leading markets, bet types, bonuses and promotions, MyBookie is known for its seamless transactions, fast payouts, and popular banking methods including key cryptocurrencies, like Bitcoin and Litecoin. Furthermore, the site adheres to the strictest security protocols, ensuring your funds and personal information are safeguarded at all times. 

What we like:

  • Virtual racebook
  • Crypto bonus and promotions
  • Comprehensive odds and morning lines
  • 40+ local and international markets

What we don’t:

  • Fewer exotics

 

4. BUSR – Regular Choice of 30+ Racing Markets & Reload Bonuses

BUSR homepage - The Best Colorado facebooks

Moving swiftly along, BUSR takes fourth position on our list of ultimate Colorado horse racing platforms. Founded as recently as 2020, this cutting-edge sportsbook has a multi-faceted, unique and engaging site interface, with leading casino categories, top sports betting markets and 24/7 coverage of the best and brightest horse racing events.

Whether you’re a seasoned punter or a casual bettor, you’ll find a diverse selection of races and bet types to choose from, including in-play coverage for the Kentucky Derby, Preakness Stakes, Breeders’ Cup and many more star-studded race day lineups. Moreover, bets can be made via mobile, desktop or tablet — giving you access to all the best action on the go. 

Jumping over to bonuses, BUSR has a solid reputation for rolling out daily, weekly and monthly bonuses, including leaderboards, cashbacks, rebates and loyalty incentives. Some ongoing, popular promotions include a $1,000 sign-up bonus when betting on major events, as well as a $150 racebook bonus and an 8% daily rebate on qualified tracks. 

In addition to its extensive race coverage, BUSR also provides valuable resources to enhance your horse racing knowledge and strategy. You can access informative articles including horse racing betting odds and tips, Grade Stakes Race schedules, as well as tailored odds and betting tutorials for high-profile events and derbies. 

What we like:

  • Extensive track coverage with 30+ markets
  • 8% daily horse racing rebate
  • Horse racing betting odds and tips
  • Core mobile integration

What we don’t:

  • Certain bonuses don’t carry over to the racebook

 

5. Bovada – Fast Live Betting for High-Profile Racedays

Bovada homepage - the best Colorado horse racing betting sites

Bovada is yet another leading destination for Colorado horse racing enthusiasts and a leading online sports betting and gambling platform, complete with multiple bonuses and promotions, leading rebates, core cashbacks and a wide and varied range of top tier bet types. 

While not as numerous as some of the other racebooks on this list, Bovada houses 20+ local and international markets complete with comprehensive odds and some fantastic in-play and live selections for major race days. Bet types include win, place and show, as well as challenging trifectas, supreme superfectas and other top exotics. 

Moreover Bovada has a few key promotions and onsite bonuses for new and existing players, including a $750 sports welcome bonus, a tailored crypto bonus and a refer a friend bonus of up to $275. Additionally Bovada remains one of the single best virtual horse racing betting sites with a strong selection of daily digital races.  

In addition to racebook incentives, Bovada has a host of high quality features and platform value ads including varied banking methods with faster transaction turnarounds, core mobile integration with a dedicated horse racing app for Android and iOS, along with robust onsite security, simple site navigation and fast-loading content with next to zero lag and/or buffer. 

What we like:

  • Live coverage for signature events
  • Leading crypto deposits and withdrawals
  • Integrated horse racing app
  • Virtual horse racing suite

What we don’t:

  • Fewer international tracks

 

6. BetUS – Regular Crypto Promotions and Bonuses for Colorado Bettors

BetUS homepage - the best CO horse racing platforms

Established in 2004, BetUS is a triple-threat sportsbook, racebook and casino with a firm reputation for delivering some of the best odds for North American and international horse racing events. With varying bet types, buy-ins and banking methods, BetUS leads the charge for  convenience, accessibility and variation, ensuring an extraordinary experience for all horse racing aficionados. 

The racebook is home to around 50 local and international markets, and all manner of thrilling bet types, including win, place, show, exacta, trifecta, pick 3,4,5 and some great daily doubles on the day’s best tracks. BetUS also has a fantastic live betting section, with industry-leading odds on in-play markets and races, as well as a dedicated platform for pari-mutuel wagers. 

BetUS runs some fantastic, recurring bonuses and promotions for players of all levels, including a 125% welcome bonus, up to $3,125, split between the sportsbook and casino. Other onsite promotions include a 200% crypto bonus, a 300% referral bonus, and a money-back special on selected race tracks.

With a minimum bet of just $1 on most major events, BetUS’s low barrier to entry for new players provides a flexible and accessible testing ground where wagers can be made with zero hesitation. Moreover the platform has one of the best horse racing tutorials around, with detailed guides, glossaries and current betting tips to help you get the most out of your wagers. 

What we like:

  • Multiple bonuses and promotions
  • Regular morning lines and comprehensive odds
  • Core mobile integration for Android and iOS
  • Intuitive user interface

What we don’t:

  • Limited international race coverage

 

7. XBet – 50+ Tracks & Bet Types with Morning Lines and Stronger Odds

XBET homepage - The best CO horse racing platforms

When it comes to markets, bet types and selections, XBet competes with the best of the bunch. Founded in 2014, the site is home to some of the best betting action in the game, with a dedicated racebook, sportsbook, casino complex and live betting section, along with a fantastic bunch of bonuses and promotions primed to make your wagers go further. 

When it comes to its racebook offering, XBet houses 50+ of the best local and international markets, spanning all manner of horse racing action – from the prestigious Belmont Stakes, to Charles Town, Delta Downs and more. International lineups include comprehensive odds on standards and exotics for Canada, South Africa, Sweden and other top racing destinations. 

While it may not have the most expensive range of bonuses and promotions, when compared to some other platforms on this list — XBet does offer a 50% up to $500 welcome bonus and a $250 sports reload for existing players. Additionally the platform offers a 7% daily rebate on qualified tracks, and a 100% referral bonus for introducing new players. 

So if its top tier features and unparalleled excitement you’re after, XBet may just have the winning combo for your betting style. Moreover the site’s 24/7 live chat interface, lock tight security protocols, core mobile integration and list of leading banking methods ensure a fast, effective, thrilling betting experience from the Centennial State or anywhere else. 

What we like:

  • Multiple horse racing promotions and incentives
  • 7% horse racing rebate
  • Multiple standard and exotic wagers
  • Comprehensive morning lines and stronger odds

What we don’t:

  • Higher withdrawal fees on certain payouts

 

8. Jazz Sports – 50% Sports Welcome Bonus to Bet on Horse Racing

Jazz Sports homepage - The best Colorado horse racing sites

With its sleek interface, comprehensive sports offering and its range of leading promotions and bet types — Jazz Sports takes a well deserved spot on our list of the best Colorado horse racing platforms. Based out of Costa Rica, the site is ideal for offshore betting aficionados, and promises a thrilling, secure, and mutli-faceted betting experience for Android, iOS, or desktop. 

The platform’s industry-leading racebook is packed with all the latest local and international markets and bet types, with stronger odds, and dedicated rebates for signature events like the Kentucky Derby, Belmont Stakes and similar. Moreover, you’ll find some enticing parimutuel betting options with full odds up to a maximum of $50,000. 

Jazz Sports bonuses and promotions compete well with industry standards, where players of all levels can redeem and unlock top-tier incentives, including a 50% up to $1,000 welcome bonus on sports, or a 20% reload cash bonus. Furthermore, Jazz has one of the single best daily rebates where players can collect up to 10% on A-tracks, with zero rollover. 

Lastly, in terms of banking options, Jazz Sportsbook offers a secure, convenient and fast platform for deposits and withdrawals, using a variety of payment methods including e-wallets and cryptocurrencies. The overall betting experience is seamless, with fast-loading markets and some of the best horse racing tutorials and 101 betting guides around.

What we like:

  • 50% sports welcome bonus
  • Top local and international tracks
  • 10% horse racing rebate
  • Comprehensive odds on leading lineups

What we don’t:

  • Slightly slower player support

 

9. EveryGame – Very Secure Sportsbook offering Racing Exotics

Everygame homepage - the best CO horse racing platforms

EveryGame sportsbook is another exceptional online platform for horse racing in Colorado. With its intuitive interface and robust horse racing offering, EveryGame provides a thrilling and immersive betting experience for horse racing enthusiasts of all levels.

While the site doesn’t have its own dedicated racebook category, you’ll still find around 25 local and international markets and bet types, including all major standards and exotics,  comprehensive odds on signature events, and the occasional rebate. 

In addition to Everygames’ existing horse racing lineups and upcoming events, you’ll find some enticing sportsbook bonuses and promotions, including a $750 sign-up bonus, parlay free bets on selected matchups, and a referral bonus where you can earn a 35% commission for bringing new players through to the site. 

Aside from markets and bet types, Everygame has some cutting-edge security protocols, lock-tight player account security, and some of the faster turnarounds on payouts. Furthermore, the site’s user-friendly interface, attentive player support, and reputable offshore license make for a reliable, exciting, and safe destination for horse racing in Colorado.

What we like:

  • Industry-leading sports welcome bonus
  • Core mobile integration
  • Multiple, fast-reflecting banking methods
  • Key standard and exotic wagers

What we don’t:

  • Fewer betting markets

 

10. Sportsbetting.ag – Comprehensive Horse Racing Odds for Coloradans

Sportsbetting.ag homepage - The best Colorado racebooks

Finally, SportsBetting.ag takes a top ten position on our list of leading Colorado horse racing platforms. One of the longest-standing sportsbooks on this list — Sportsbetting.ag has been taking wagers since 1999, and was acquired by BetOnline in 2012. Today the site is home to some of the best horse racing markets and sports betting action on the planet.

Navigate through the site’s comprehensive racebook and you’ll find a host of leading markets, bet types, and wagers, complete with comprehensive odds, daily rebates and some of the best live betting and in-play markets. 

When it comes to bonuses and promotions, Sportsbetting.ag takes its lead from BetOnline, delivering an eclectic mix of daily/weekly rewards for both new and existing players. First-time deposits will unlock a 50% sports betting welcome bonus of up to $1,000 while existing players can enjoy a daily horse racing rebate, up to 9%, or a 25% sports reload bonus. 

Other platform draw cards include a comprehensive range of fast-reflecting banking methods, with a strong emphasis on crypto, as well as lock-tight security protocols, complete with SSL encryption and password protection. Lastly, Spoortsbetting.ag is known for having cutting-edge compatibility across multiple devices, including desktop, Android, and iOS. 

What we like:

  • Extensive track coverage
  • Multiple bonuses and promotions
  • Fast-loading, intuitive platform
  • Industry-leading welcome bonus

What we don’t:

  • Higher fees on certain banking methods

 

More on gambling in Colorado…

Learn about all types of online gambling in Colorado in our expert guides below:

 

Colorado Horse Racing Betting Explained

Colorado horse racing betting is legal and offers multiple avenues for bettors to participate, both in-person and onsite. The three main ways to bet on horse racing are through online sportsbooks, land-based sportsbooks, and live racetrack betting. 

  1. Legal Online Sportsbooks: Colorado runs online horse racing betting through licensed and regulated platforms. These legal (offshore-based) sportsbooks like Bovada and BetOnline provide a convenient and accessible way to wager on races from anywhere, 24/7. These world-class, online racebooks offer a multitude of local and international markets, competitive odds, leading rebates and a host of different bet types including standards and exotics. Additionally, some online sportsbooks may offer in-play or live betting, allowing you to place wagers in real time.
  2. Land-Based Sportsbooks: Certain casinos or retail locations in Colorado may have land-based sportsbooks offering horse racing. These land-based locations typically offer a similar range of bet types as online sportsbooks, including win, place, and show, as well as key exotics including exacta, trifecta, and more.
  3. Betting at the Racetrack: Colorado has a few licensed racetracks where you can experience the thrill of live horse racing and place winning bets in person. Once you’re at the racetrack, you’ll have access to various wagers and bet types, including standards and exotics. Some race tracks may also offer in-play betting, allowing you to adjust your wagers throughout the course of the race.

Keep in mind  that in-play and live betting may differ depending on the platform or location. Be sure to check out one or more leading sportsbooks and find the option that’s right for you. 

Can Colorado Residents Bet Legally On Horse Racing?

According to Bill HB 19-1327 of the Colorado General Assembly — horse racing betting is regulated and legal in Colorado. The industry is regulated by the Colorado Division of Racing Events to ensure compliance with the state’s laws and regulations. Betting on horse racing is permitted both at licensed racetracks and through authorized off shore racebooks, such as Bovada, XBet, BetOnline, and similar. 

These offshore sports betting platforms and apps in Colorado are fully regulated entities with licenses held out of state. Players from Colorado and surrounding states can wager on the best local and international markets from anywhere, make use of leading bonuses and withdraw their winning in full. Registering a new player account is simple and only takes a minute. 

Moreover, Colorado does permit in-person betting at racetracks in the state, including the Bally’s Arapahoe Park Horse Track and others. Players attending live horse racing events can place their wagers directly at the track, adding to the atmosphere of a real world racing experience.

Keep in mind that while offshore brands may be safe to use, it’s always important for bettors to  research different racebooks before committing. Double check the sportsbooks licensing, security measures, customer reviews, and overall reputation before siding with a winner. 

Free Bets and Bonuses for Colorado Racing

Colorado horse racing enthusiasts can enjoy various free bets and bonuses at one or more top sportsbooks. These promotions can be redeemed in real time and provide additional value to the overall betting experience. 

Welcome Bonus 

Most Colorado sportsbooks and horse racing platforms offer an industry-leading welcome bonus for new players. These bonuses typically match your initial deposit, up to a certain percentage giving you extra funds straight out the gate. That said, be sure to check the promotional terms and conditions, as certain sites don’t extend welcome bonus incentives to horse racing. 

Free Bets 

Free bets are a common promotion for sports betting, including horse racing. With free bets, sportsbooks offer players the opportunity to place a wager without using their own money. For example, a sportsbook may offer a $10 free bet for new users, as a reward for meeting certain criteria or in the build up to a major race day.

Cashback/Money-Back 

Cashbacks – sometimes referred to as money-back or rebate promotions – are designed as a unique safety net for bettors. Sportsbooks and certain racebooks will offer cashback promotions where bettors receive a percentage of their net losses back. For instance, a 10% cashback on horse racing bets may occasionally run on site. This promotion helps mitigate losing bets. 

Horse Racing in Colorado - Find the Best Colorado Horse Racing Betting Sites

Enhanced/Boosted Odds

Enhanced or boosted odds promotions run better odds than usual selections on popular horse racing markets. Sportsbooks may enhance the odds on certain favorites or offer boosted odds in the build up to signature race events and derbies. These promotion types allow bettors to potentially secure higher returns on winning bets and add extra value to running wagers.

Compare The Best Horse Racing Betting Bonuses

Bonuses can significantly amplify your horse racing betting experience, and various sportsbooks offer enticing bonuses to attract new players and reward existing bettors.

Welcome Bonus  Loyalty  Racebook Moneyback Enhanced Odds
BetOnline
BetNow
MyBookie
BUSR
Bovada
BetUS
XBet 
Jazz
Everygame
Sportsbetting

Live Horse Racing Betting And Streaming

Live horse racing betting and streaming have revolutionized the way bettors experience the sport. Sportsbooks now offer more live streaming options than ever before, where races can be watched in real-time. 

Some brands invest in high-quality, visually captivating streaming technology, providing clear and smooth live-streaming experiences. However, the quality of streaming can also depend on factors like internet speed and the capabilities of the device used to access the stream.

The availability of live streaming for certain races or tracks can depend on factors such as licensing agreements and broadcasting rights. It’s important to explore the offerings of different sportsbooks to determine which ones cover the best events.

Live Streaming Racecard Enhanced Lines  Welcome Offer  Mobile App
BetOnline 
BetNow
MyBookie 
BUSR
Bovada
BetUS
XBet
Jazz
Everygame
Sportsbetting

Choosing The Best Colorado Horse Racing Betting Sites

We’ve identified the top 10 Colorado horse racing betting sites, but ultimately, the choice is yours. However, it’s essential to consider key factors when selecting a high-quality horse racing betting site in Colorado. 

Brand Recognition

As a novice bettor, opting for a reputable and well-known Colorado horse racing betting site ensures access to high-quality features and special offerings. Established brands often have positive reviews and a track record of safety and reliability. 

Payment Methods

To place wagers on online Colorado horse racing betting sites, you’ll need to make a first-time deposit and fund your player account. Look for sportsbooks with a diverse range of payment methods, including bank cards, e-wallets, cryptocurrencies, and traditional options like wire transfers. Prioritize bookies with lower transaction fees and options for free transfers. .

Safety & Security

Never compromise on security when betting on horse racing in Colorado. All leading platforms uphold the highest security standards and are fully licensed online entities with regulated markets and promotions. Side with sites with SSL encryption, player password protection, 2FA and secure banking methods. 

Speed & Design

When it comes to live betting and real time wagers on horse racing — speed is essential. A top-notch online Colorado racebook should be intuitive, user-friendly, and highly responsive. Punters shouldn’t struggle to navigate the platform or find desired features and races. Platforms like XBet and MyBookie are known for their fast and user-friendly interfaces. Moreover, sites like Bovada and similar have their own dedicated app for Android, iOS, and desktop. 

Customer Service

Having a professional, reliable and fast-player support team on hand 24/7 is a key differentiator for the world’s best online racebooks. Look for bookmakers that offer around-the-clock support through phone, email and live chat. Additionally, platforms with comprehensive betting tutorials, FAQ pages and knowledge hubs carry further clout. 

Brand Recognition ✅Trustworthy and reliable

✅High-quality features

✅Positive reviews 

Payment Process ✅Multiple payment options 

✅Secure deposits and withdrawals

✅Cryptocurrency banking methods

✅Fast payouts with lower transaction fees

Safety & Security  ✅Fully licensed online entity

✅Password protection and 2FA

✅SSL Encryption 

✅Player data protection

Speed & Design  ✅Fast software

✅User-friendly design 

✅Intuitive interface 

✅Core mobile integration for Android & iOS

Customer Service  ✅ 24/7 live chat functionality 

✅Dedicated FAQ page

✅Onsite knowledge hub 

✅Friendly, knowledgeable player support 

Overall Value  ✅Comprehensive odds 

✅Live streaming and in-play betting 

✅ Multiple bonuses and promotions 

✅Special features 

Fixed Odds for Horse Racing Betting in Colorado

Fixed odds betting offers a straightforward and transparent way to place bets and monitor outcomes. Here are some of the most popular types of fixed odds betting options available for horse racing in Colorado. 

Win

A win bet is the simplest and most common type of horse racing wager. It is a bet placed on a single horse, where you predict that the chosen horse will finish the race in first place.

Place

Also known as an “each-way” bet — a place bet is a type of horse racing wager where you predict that a specific horse will finish in either first or second place. The order in which the horses finish does not matter for a place bet.

Show

​​Also known as a “place” bet — a show bet is a type of horse racing wager where you predict that a specific horse will finish in either first, second, or third place in a race. The order in which the horses finish does not matter when placing a show bet.

Exacta

An exacta bet is another type of horse racing wager where you predict the horses that will finish in first and second place in a specific race, in the exact order. In an exacta bet, you need to accurately predict the first and second-place finishers and their coinciding finishing positions.

Trifecta

A trifecta bet is a type of horse racing wager where you predict the horses that will finish in first, second, and third place respectively in a specific race, in the exact order. In other words, you need to accurately predict the top three finishers and their coinciding finishing positions.

Bet Type:  Description Bet cost  Minimum. Bet 
Win  The outright winner  $2 $2
Place To finish inside the top 2 positions $2 $2
Show To finish inside the top 3 positions $2 $2
Exacta First 2 horses, in the correct order $1 $1
Trifecta First 3 horses are in the correct order $1 $1

Is There Pool Betting in Colorado?

Yes, pool betting is available in Colorado. Pool betting, also known as the pari-mutuel system —  is a popular betting form where all specific wagers are grouped and pooled together into a group pot. This system is widely used in global horse racing circles, where the final payout is determined by the total amount wagered on the winning selection. 

In pool betting the odds are not fixed and instead fluctuate based on the amount of money wagered for each horse or race outcome. As bets are placed, the money is added to the respective pools for win, place, show, and other bet types. 

In Colorado, pool betting is regulated to ensure fair and transparent wagering and betting practices. Bettors can participate in pool betting at licensed racetracks or through authorized online platforms. This allows them to engage in the excitement of live horse racing while contributing to the pool and having a chance to win based on the race’s final payouts. 

Overall, the USA’s best pool betting sites add an element of excitement and unpredictability to Colorado horse racing betting, making it a thrilling experience for enthusiasts who enjoy the pari-mutuel system.

Horse Racing Betting Terms In Colorado

Acquaint yourself with these essential horse racing betting terms to better navigate Colorado’s various onsite racebooks. 

  • Ante-Post – A bet placed in advance, before the race day.
  • Co-Favorite – A horse that shares the leading position with one or more others.
  • Drifter – A horse whose odds increase prior to an upcoming race.
  • Dead Heat – When two or more horses finish the race at the same time.
  • DQ (Disqualification) – To be disqualified from the final standings of a race. 
  • Dutch – Placing bets on two or more horses in a given race.
  • Exotic Bet – Any wager that falls outside the categories of win, place, or show bets, i.e.,  exacta, trifecta, superfecta, and more. 
  • Favorite – The horse most likely to win a given race. 
  • Furlong – A measurement equivalent to one-eighth of a mile.
  • Lay – A bet placed on a horse not to win.
  • Longshot – A horse with lower odds and considered less likely to win a race. 
  • Morning Line – The odds assigned to each horse — posted before the start of a race day.
  • Odds – The potential return if your selected horse is successful. 
  • Pari-Mutuel – when wagers are pooled together, the total pool is divided among the winners.
  • Stake – An amount wagered on a horse.

By understanding and utilizing these horse racing betting terms, you can navigate the Colorado horse racing scene with greater confidence. 

Calculating Horse Racing Betting Odds

When calculating horse racing betting odds, online tools and information are readily available to assist in making informed decisions. One useful tool, readily available on most major sports betting sites is an online odds calculator, which allows users to input relevant data such as the type of bet, the odds, and the overarching stake to determine potential winnings. 

Moreover, online resources provide beginner to advanced horse racing betting guides that explain how dividends are calculated, odds are created and markets are gauged. Understanding the below calculations can help bettors assess potential payouts to make informed choices.

Check out the below chart for a simplified example of odds in action

Colorado Horse Racing Betting Odds Chart

Odds Payout on a $2 Bet Implied Winning Percentage
-500 $2.40 83.33
-400 $2.50 80%
-300 $2.60 75%
-200 $3.00 66.67%
-150 $3.33 60%
-100 $4.00 50%
+200 $6.00 33.33%
+300 $8.00 25%
+500 $12 16.67%
+1,000 $22 9.0%
+5,000 $102 1.96%

Finding A Horse Racing Strategy For Colorado

When it comes to horse racing in Colorado, having a well-thought-out betting strategy can significantly enhance your chances of success. Here are some key starting-out tips. 

Understand the performance of trainers and jockeys in Colorado: Identify the most successful trainers and jockeys and gain better insights into their track record and ability to produce first-place finishes. Additionally, pay attention to statistics and past performances of trainers and jockeys to make more informed betting decisions.

Analyze track data to identify trends: Determine which Colorado horse racing tracks have a higher frequency for producing winning results. Look for tracks that favor certain types of horses or running styles and use track data to guide your betting strategy. 

Conduct Thorough form Research: Examine a horse’s past performances, including recent results, speed figures, and class levels. Assess a horse’s current form and potential for success.

By doing accurate research, you’ll be able to identify horses that may have an advantage in upcoming races based on past performances. 

Utilize online platforms for comprehensive data and analysis: Access racing forums and key analytical websites like Equibase, Daily Racing and similar. Use race programs and past performances provided by these websites. Gather relevant information about each horse’s history to make informed decisions.

Keep refining your strategy: Developing a successful horse racing strategy takes time and practice. Stay up to date with new information and trends. Adjust your approach based on ongoing analysis and insights. Refine your strategy to improve your chances of making profitable bets when betting on horse racing in Colorado. 

Colorado Horse Racetracks

Colorado hosts several notable races and meetings throughout the year, however does not carry the same track variety as some of the other horse racing states, with Arapahoe Park Racecourse being the most notable.

Arapahoe Park Racecourse

Established in 1984, Arapahoe Park Racecourse is a beloved horse racing venue for Colorado horse racing fanatics far and wide. With a diverse lineup of races and meetings, the track showcases thrilling competitions at both local and national levels, including signature racedays like the Mile High Futurity, Mile High Derby and the Gold Rush Futurity, among others. 

Bally Araphoe Park horse racing track

 

Colorado Race Track  Address  Phone Number  Notable Races 

Ballys Arapahoe Park Racetrack

26000 E Quincy Ave, Aurora, CO 80016 (303) 690-2400 Mile High Futurity

Mile High Derby, 

Gold Rush Futurity

What Are The Biggest Races And Meetings In Colorado?

Colorado is home to several notable races and meetings that provide thrilling horse racing action to enthusiasts throughout the year and across multiple states. Here are three of the biggest upcoming Colorado horse racing tracks, races and derbies to watch out for.  

  1. The Mile High Futurity: This highly anticipated race showcases fresh thoroughbreds competing for a substantial purse. It garners the attention of both local and international spectators, making it a highlight of Colorado’s yearly racing scene.
  2. The Mile High Derby: Held at a significant altitude, this prestigious race pays homage to Colorado’s own Denver, aka, Mile High City. It features elite thoroughbreds vying for victory in a thrilling contest. With its unique setting and competitive atmosphere, the Mile High Derby is a must-see event. 
  3. The Gold Rush Futurity: This race is dedicated to young, up-and-coming racehorses, exclusively open to two-year-olds. With a significant purse and participation from top-quality contenders across the region, the Gold Rush Futurity serves as a platform for identifying promising talents destined for future success in the racing world.

While these meetings represent some of the notable events in Colorado horse racing, it’s essential to note that race dates can and do vary. Stay up to date by checking the official racing calendar and local tracks for the latest information on upcoming races and events.

Comparing Betting At The Track With Online Betting

While the US horse racing track market size reached nearly 3.68 billion U.S. dollars in 2022, many avid racing fans still turned more towards online betting for unparalleled accessibility, convenience and choice. To help you make an informed decision, here are the top benefits and drawbacks of betting on horse racing live vs. online. 

Comparing Betting at the Racetrack with Online Horse Racing Betting

In-Person Horse Racing Betting Online Horse Racing Betting 
✅ Gauge a horse’s ability in person ✅7-10% horse racing rebates
✅ Socialize with other bettors and compare bets ✅ The option to compare various odds
❌ You’re limited to the day’s races ✅ Lower house commissions, or “juice” 
❌ Odds can be unimpressive ✅ Recurring bonuses and promotions
❌ No recurring bonuses or promotions ✅ Multiple deposit and withdrawal options 
✅ 40+ local and international markets
❌ No in-person discussions

Horse Racing Betting Apps For Colorado 

Betting on the go has never been easier with horse racing betting apps. These apps allow you to place bets, access the latest racing information, and enjoy the excitement of live-streaming races directly from your iOS or Android device.

With live streaming functionality, you can watch signature markets and race days in real-time, follow the action closely, make informed decisions, and enjoy the thrill of watching the best derbies in real time. 

Whether you prefer iOS or Android devices, there are horse racing betting apps tailored to both platforms. Simply visit the App Store or Google Play Store, search for your preferred betting app, and download it to your device. Once installed, you can create an account, make deposits, explore lineups, and place bets on the go. 

How to Start Betting on Horse Racing Sites in Colorado

Get ready to dive into the thrilling world of Colorado horse racing. The below steps will run through the steps needed to register your new player account. 

Step 1: Create Your Account

Using BetOnline as a case study, visit your preferred Colorado horse racing site and click the green “Join Now” button in the top right-hand corner of the main home screen. You’ll be directed to a short sign-up page where you’ll need to fill in some key details, including your name, date of birth, email address, password, and the region you’re logging in from.

BetOnline homepage - sign up

Step 2: Navigate to the Racebook

Locate the sportsbooks racebook section, usually displayed as a standalone category on the homepage menu bar under the main sign-up button. Click on it to find your next race.

BetOnline racebook category

Step 3: Explore and Select a Race

Move through the racebook dropdown list and choose your preferred horse racing event from the list of local and international markets available. Choose your preferred race and select your coinciding bet type.

BetOnline racebook - selected races

Step 4: Place Your Bets 

Once you’ve chosen your race, market and bet type, you’ll find the current odds displayed below the event. Enter your stake next to your horse, and confirm by clicking on “Add to Bet Slip”.

BetOnline Betslip

Step 5: Monitor Your Bets

Keep an eye on your bets as the race unfolds. You can choose to stay logged in or revisit the site at a later stage to view your wins and losses directly from your Bet History.

BetOnline Betslip history

We hope you enjoy the excitement, thrills and potential rewards of betting on horse racing in Colorado. Remember to gamble responsibly and keep an eye on your limits. 

Other Gambling in Colorado

In addition to horse racing, Colorado offers a variety of other online gambling and sports betting options across major sportsbooks like Bovada, BetOnline, Sportsbetting.ag and many more. Sports enthusiasts in Colorado can enjoy placing bets on popular sports such as football, basketball, baseball, hockey, soccer, and more. 

The state is also home to professional sports teams and local legends like the Denver Broncos (NFL), Colorado Rockies (MLB), Denver Nuggets (NBA), Colorado Avalanche (NHL), and Colorado Rapids (MLS), which attract a significant following and generate mass betting interest.

Furthermore, online casino betting is also available in Colorado, allowing residents and visitors to enjoy leading slots, and table games like blackjack and roulette, poker. There are also some great live dealer games, run from an intuitive studio suite. 

Experience the excitement of responsible betting. Explore the National Council on Problem Gambling (NCPG) for invaluable information and tools that will empower you to make well-informed decisions and enjoy gambling responsibly.

Best Site For Horse Racing Betting In Colorado?

When it comes to finding the best site for horse racing betting in Colorado, BetOnline takes the titles. With its user-friendly interface, extensive selection of horse racing events, competitive odds, and a trusted industry reputation, BetOnline provides an exceptional platform for Colorado bettors to engage in thrilling horse racing action. 

Whether you’re a seasoned horse racing enthusiast or a novice looking to explore new and exciting markets — BetOnline offers a comprehensive, enjoyable and safe betting experience.

FAQs

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As a writer for Basketball Insiders, Geoff leverages his knowledge in sports betting, horse racing, online poker, and casino betting to provide engaging content. His previous experience with the Yolo Group allows him to break down complex topics, helping to inform readers across America, Australia, and Europe.