Pro Football Pick ‘Em Coming to Colorado
The sports betting industry in the state of Colorado is off to a huge start, which was done in the midst of the COVID-19 pandemic.
The numbers have started to increase over the last few weeks, and the return of live sports has certainly helped the cause.
The National Football League is hoping to begin their regular season in the middle of September, and betting on the NFL leads the way in the industry. With that in mind, one sports betting operator is hosting a huge contest for Colorado residents, and there is a chance to win some big money.
Sportsbetting.com recently launched a free-to-enter Pro Football Pick ‘Em Contest with the winner earning $1 million. The contest is open to every resident in the state of Colorado, and a large number of residents are expected to enter.
The Carousel Group owns and operates SportsBetting.com, and they are looking for a way to make a name for themselves in the crowded market in Colorado. SportsBetting.com is not yet taking bets on sporting events, but they launched their Pick ‘Em contest in an effort to get a large number of customers signed up.
SportsBetting.com is hoping that this free contest will bring interest in their site as they plan to start offering sports betting beginning in September. The start of the NFL season is an exciting time for sports fans and sports bettors, and SportsBetting.com is creating an even bigger buzz.
The contest currently focuses on all 16 games during Week 1 of the NFL season. Contestants that sign up must make predictions on the spread and over/under for each NFL game in Week 1. Any contestant that correctly predicts all 32 outcomes will be awarded $1 million.
Ad campaigns have already begun, and SportsBetting.com is hoping to see many residents of the state sign up before the games kick off in mid-September.
There is a lot of competition already in CO with over 7 live sportsbooks in the state already. They face some tough competition from well-established books like BetMGM, BetRivers, and fan favorite, DraftKings.
Sportsbooks Lose Out on Pac-12 Football
The Pac-12 Conference has postponed all fall collegiate sports, and that includes collegiate football. College football is the second most popular sport to bet on in the United States, following the NFL.
The sports betting industry in Colorado has already had to deal with the COVID-19 pandemic and the shut down of all of the casinos throughout the state. This news from the Pac-12 is a huge blow to sportsbook operators as they try to cope with the loss of revenue during the spring/summer.
The Colorado Buffaloes play their football in the Pac-12 Conference, and they will be shut down this season. Betting on the Colorado football team was expected to be an extremely popular bet this fall, but sportsbooks will now be forced to look for other options.
The ACC, SEC, and Big 12 Conference are all still planning on playing college football this fall, and sportsbooks in Colorado will be featuring these games if they do take place. It’s unclear what the college football season will look like, but the sports betting industry is in desperate need of the season to take place.
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