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- The Colorado Department of Revenue released a sports betting report that includes total bets and earnings since it began legalizing sports betting three years ago.
- The report includes the 10 most bet sports from May 2020 to April 2023.
- NBA betting leads the way with nearly $3 billion in sports bets received.
DENVER The Colorado Department of Revenue and Division of Gaming’s Cumulative Revenue Report lists Top 10 sports Colorado residents bet on the most. Table tennis makes a surprising appearance in the top 10, with more than a quarter of a billion dollars invested in the sport since 2020.
Colorado sports betting numbers from 2020
| Sport: | Amount Staked in Dollars: |
|---|---|
| NBA basketball | $2,983,203,214.76 |
| NFL Football | $1,920,111,799.83 |
| MLB Baseball | $1,219,539,301.70 |
| NCAA basketball | $792,253,640.55 |
| Tennis | $509,938,581.16 |
| NHL hockey | $468,373,838.29 |
| Football | $451,884,763.56 |
| NCAA football | $434,010,179.18 |
| Table tennis | $255,762,465.20 |
| Golf | $145,411,609.17 |
Published sports betting numbers Colorado Department of Revenueis celebrating its third year of legal sports betting. Coloradans have wagered more than $12 billion since its launch on May 1, 2020.
Unlike most states with legalized betting, Colorado bettors are bets more on the NBA than the NFL. The NBA is betting more than a billion dollars more than the NFL is likely to be Because of the success of the Denver Nuggets and the struggles of the Denver Broncos.
Since the launch of Colorado Sportsbook three years ago, the Denver Nuggets have gone to the NBA playoffs in all three seasons. The Nuggets played five NBA playoff games in April of this year, resulting in more than $136 million in NBA sports betting..
Meanwhile, The Denver Broncos have a total of 17 wins and 33 losses since the launch of legal sports betting in Colorado. A big difference in team success can explains the gap In the NFL and NBA sports betting numbers, but the most surprising statistic in the Colorado game report is table tennis.
Colorado sports bettors love table tennis and tennis
Table tennis is the ninth most popular sport in Colorado, received more than $100 million in bets more than golf. Coloradans fell in love with table tennis during the global pandemic, ranked among the five most-betted sports in the first nine months after its release. This includes being the most wagered sport in May and June 2020.
Tennis surprisingly received more than $40 million in sports bets than NHL hockey, despite the success of the hometown Colorado Avalanche. The Avalanche have made the NHL playoffs in all three seasons since legal sports betting began in the Centennial State, including a Stanley Cup championship in 2022.
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News tags: basketball | Colorado | Colorado Avalanche | Denver Broncos | Denver Nuggets | football | NBA | NFL | NHL | tennis
Zach is currently a student at Florida State University. She is majoring in writing, editing and media and minoring in communication. Zach is interested in the legalization of sports betting and enjoys participating in DFS. Passionate about sports writing, he enjoys writing most about football and baseball in both the professional and collegiate worlds.
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Sources 2/ https://www.legalsportsbetting.com/news/colorados-surprising-top-10-most-wagered-sports-since-2020-06-08-2023/ The mention sources can contact us to remove/changing this article |
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