Colorado Buffalos Betting Odds

The University of Colorado Buffaloes are a team of numerous distinctions – and a fair share of infamy – but that doesn’t stop the Boulder school’s vociferous fanbase from fiercely supporting its team. In fact, it’s the dedication of the Buffaloes’ fans that drives much of the enthusiasm for learning how to bet on Colorado, something sharp sports bettors have known was a good call for years. However, there’s a lot of misinformation floating around online, which is why we took it upon ourselves to compile this comprehensive guide to betting on the Buffaloes.

Colorado’s principal claims to fame are its nearly .600 winning percentage that makes the program the 23rd winningest in the history of NCAA Division 1 football, it’s first-place title as the team with the most fourth down conversions and its controversial 1990 National Championship. It was in that championship game against Colorado’s conference arch-rivals, the Missouri Tigers, that the Buffaloes gained their most dubious distinction: a fifth-down conversion into a touchdown for the win. That championship, the only one so far for the Buffaloes, is the only time such an occurrence has taken place in college football history.

With an almost 130-year legacy like Colorado has, it really shouldn’t come as a surprise that interest in sports betting in Colorado on the Buffaloes is at an all-time high. The Centennial State’s gambling laws and the raft of federal sports betting laws made doing so difficult – or that was the case until the arrival of legal sportsbook sites based in foreign countries. These sites, of which Bovada, SportsBetting, BetOnline and 5Dimes are unquestionably the best, give Colorado bettors the chance of a lifetime: a legal option of placing wagers on their favorite team, and we’ll show you how to do it in this guide. Sports betting will also be on the upcoming ballot for CO voters to decide whether or not they want to see sports betting being operated in the state. Those sportsbooks would come with a few differences to their offshore counterparts which we will explain in the upcoming sections.

Best Sites For Wagering On Colorado

In case we haven’t made it abundantly clear by this point in our guide to wagering on Colorado, the best sites to place your bets if you live in the Centennial State are Bovada, SportsBetting, BetOnline and 5Dimes. But don’t just take our word for it. Do your own research on these great betting platforms and decide for yourself they can best meet your needs when you want to lay some money on your favorite team. In the meantime, we’ll go into a little more detail as to why we think Bovada and SportsBetting, in particular, stand out even among this exemplary crowd for Colorado sports betting. If online sports betting sites are approved to launch in CO we will hope to add them to our list of your best sports wagering options.

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Types Of Wagers You Can Place On Colorado

Even if you know about where to find the current odds on the Buffaloes, it’s not going to help you much if you don’t know about the types of wagers you can place on Colorado. In fact, the biggest part of learning how to bet on Colorado, or any other team for that matter, is understanding how to read betting odds. In the next several sections, we’ll take an in-depth look at the three primary types of wagers available on most Colorado games – those being betting straight up (AKA the moneyline odds), betting the point spread and betting on the total score – as well as provide a real-world example of each.

Betting On Colorado Straight Up

When you want to bet on Colorado, but you only want to wager on a win or a loss then betting straight up is the choice for you. This is the simplest type of betting line there is, as all it considers is victory or defeat with no emphasis on the margin of victory. Betting straight up is also called betting the moneyline. That’s because the odds are expressed in such a way as to indicate either how much money you would need to risk in order to win $100 (for betting on the favorite) or how much money you could win with a bet of $100 (for taking action on the underdog).

Colorado Moneyline Example

Colorado Vs. Missouri Tigers

• Colorado (-110)
• Missouri (+125)

Betting The Colorado Point Spread

Betting against the spread is similar to betting the moneyline with the exception that a winning bet has to be on the team that “covers” a handicap placed on it by the oddsmakers. The favorite in a given matchup will have to win by more than the amount of the handicap and the underdog will either have to win outright or lose by less than the amount of the handicap. Bookies love point spread betting lines because it sweetens the deal for picking the team less likely to win, which helps the sportsbooks to stay profitable no matter which team wins.

Colorado Point Spread Example

Colorado Vs. Nebraska Cornhuskers

• Colorado -12 (+150)
• Nebraska +12 (-120)

Betting On Colorado Over/Under

Totals betting, also known as betting on the over/under, isn’t typically what most football fans think of when they want to know how to bet on Colorado in Blackhawk. That’s because most of the time we only think about games in terms of the outcome, but betting the over/under quite literally isn’t occupied with the actual winner or loser in a contest. Instead, when you place wagers on the Buffaloes according to this betting method you’ll actually be picking whether the combined final score of both teams is greater than (over) or less than (under) the bookies’ predicted number.

Colorado Over/Under Example

Colorado Vs. Colorado State Rams

• Over 47 Points (+200)
• Under 47 Points (-170)

Colorado Player Prop Bets

Even though we’ve already looked at the main three wager types for when you want to bet on Colorado, there other means of doing so at the legal offshore sportsbooks we recommend for our readers. Among the most popular of these alternative betting lines are prop bets, which are divided into two subgroups: player props and team props. Prop bets (so-called because they are, in essence, “propositions”) consider the statistical performances of individual skill players separately from how those performances impact the final outcome of the game in which they take place. You’ll get a better understanding of how this works when you take a look at the example below.

Colorado Player Prop Example

Quarterback Total Passing Touchdowns Vs. Colorado State

• Over 4 TDs (-120)
• Under 4 TDs (+180)

Colorado Team Prop Bets

Team prop bets are just about the same as player prop bets except instead of considering the performance of solo players they take the performance of the team as a whole or sections of the team (say, for example, the defensive line or the kick-return team). Betting on the Buffaloes via the team prop method can sometimes overlap into futures betting territory, especially if you decide to get in on the action with regard to a playoffs appearance or a championship game as we’ll see in the example below.

Colorado Team Prop Example

Will Colorado Win The Pac-12 Conference Championship?

• Yes (+4,000)
• No (-8,000)

Using Your Smartphone To Bet On Colorado

It’s possible to do practically everything on your smartphone from diagnosing your car’s engine troubles to instantly buying life insurance, and betting on sports has now caught up with that market reality. The leading legal offshore sportsbook sites we recommend (Bovada, SportsBetting, and BetOnline) have all developed their own take on what a mobile sports betting app should be, but one thing they all have in common is that they make their apps available for free. If you want to give these apps a try, you’ll have to go directly through their corresponding websites as they aren’t offered on the Apple App Store or the Google Play app store. Although, all four of our top betting shops are compatible with smartphones running Apple’s iOS and the Android operating system. If voters in Colorado approve sports betting on the upcoming ballot, in-state retail sportsbooks would also be able to offer statewide mobile apps. However, those apps can only be used if you’re physically located in CO, as opposed to the offshore options which are available anywhere at any time.

Live In Game Betting On Colorado

If you fancy more involvement and excitement in your sports betting hobby, then live in-game betting might be just what you’re looking for. This is a relatively newfangled answer to the question of how to bet on Colorado, as unlike the other types and methods for wagering on the Buffaloes we’ve looked at already, the odds are constantly shifting in real time instead of being set and listed days in advance of the kickoff. All our top-rated online sportsbooks offer in-game betting on Buffaloes games, but they will generally only be available on the biggest matchups of the season rather than on every single game. Be sure to check the NCAA football section for more details and don’t miss out on the opportunity to cash a huge ticket next time you bet on Colorado.

Betting On Colorado FAQs

Is Betting On Colorado Online Legal?

Colorado state law and federal sports betting laws combine to make facilitating wagers on sports prohibited inside the state lines, but that prohibition only applies to operators doing business out of the Centennial State. What that means for you, the prospective Colorado bettor, is that the legal option to bet online exists if you use our highest recommended sports betting sites to bet on Colorado, which is probably your favorite team or else you wouldn’t have made it all the way through this guide. Laws like the Wire Act of 1961, the Professional and Amateur Sports Protection Act of 1992 and the Unlawful Internet Gambling Enforcement Act of 2006 don’t apply to our top-ranked online betting shops being that they’re based overseas, but they also have the benefit of being licensed businesses in their home countries. You can use these tried and true legal sites or you can wait to see if Colorado voters approve online sites to be operated within state lines after this year’s ballot vote.

What’s The Safest Way To Deposit Into A Colorado Sportsbook?

There’s no room for debate on this question. Bitcoin is definitely the safest way to make a deposit at a Colorado-friendly offshore sportsbook site. This is, of course, the world’s leading cryptocurrency we’re talking about here, and after it exploded onto the scene a few years back has shot up in value, with many leading industry experts believing that Bitcoin could be a leading indicator of a coming paradigm shift in global financial markets. For the purposes of betting on the Buffaloes, however, all you need to know is that Bitcoin makes your life a lot easier since you won’t run into any of the hassles of trying to use a credit card to bankroll your account like you would if you stuck to using a credit card (thanks to the Unlawful Internet Gambling Enforcement Act of 2006, financial institutions in the US are disallowed from processing wagering-related transactions made online). Bitcoin is the safest and the fastest means of making a deposit into your account, with most transactions being processed in a matter of minutes – that’s a big upgrade from waiting weeks like you would have to by sending a check in the mail. If online sports betting sites are voted on to be operated from within state lines it is likely that they won’t have the option to use Bitcoin. However, using a credit or debit card would be the safest way to fund those accounts.

Can I Sign Up At More Than One Online Sports Betting Site?

Not only can you sign up at more than one online sports betting site, that is what we recommend that all our readers should do once they’ve made a decision to bet on Colorado legally at our highest recommend betting shops. There are several reasons for this strategy. First of all, there is nothing stopping you from having more than one account, which in today’s time means a lot. Secondly, you can have access to more odds on the same game than you would if you stuck to just one online sportsbook, which opens up the possibilities of cashing out more winning tickets. And finally, you can take advantage of all the different promos and bonus offers available to play for free in many cases, so that will ultimately save you money in the long run, even if you go through a bit of a dry spell when it comes to picking winners.

Do Online Sportsbooks Offer Odds On Every Colorado Game?

Although the Buffaloes are highly regarded as one of the most exciting dark horse-type teams in the NCAA Division I college football world, the fact is that the sportsbooks working in the online sports betting industry aren’t going to offer odds on every Colorado game. This can come down to multiple factors like a particularly one-sided matchup, too many recent injuries on one team or the other, or even inclement weather causing a postponement. Whatever the case might be, you can generally rely on sites like Bovada, SportsBetting, BetOnline and 5Dimes to come through for you with odds the next time you want to wager, so if you want to know how to bet on Colorado the answer is clear: do it at one of (or all of) of the best legal sportsbooks in the game. Sports betting sites that are operated from within the state may offer you lines due to high demand from local college football fans, but they may also follow the same logic as the ones located offshore.

Do I Need To Pay Taxes On My Colorado Football Gambling Winnings?

Yes, even though the gambling will take place on an offshore website you are still required to report your winnings to the IRS. The sites are all offshore though, so you are out of legal Colorado jurisdiction and are safe to play using the sportsbooks we’ve mentioned earlier.