On May 1, Colorado residents finally got their first chance to get in on some legal sports betting action in their home state on DraftKings Sportsbook. Following the official sports betting launch, bettors quickly took to the newly accessible DraftKings Sportsbook futures lines with a focus on the local Colorado teams. Here are some of the highlights and notable strategies being implemented in Colorado through the earliest stages of sports betting.
Lots of Hometown Love for the Denver BroncosColorado bettors have focused on their hometown teams in all of the major sports, but the Denver Broncos have been far and away the most popular team to bet on. Through the first few days of legal sports betting, the Broncos rank:
- 1st in total bets
- 1st in total handle
- 1st in bets to win the Super Bowl
- 1st in handle to win the Super Bowl
Curious about when major leagues and events will return? Check out our DraftKings Sports Calendar for the latest updates.
Avalanche Favoritism Extends to the Western ConferenceJust like the Broncos, the Colorado Avalanche have drawn heavy betting interest from the local fans, though arguably for much better reasons. The NHL season is still suspended, but the Avalanche remain one of this season’s Stanley Cup favorites as they currently sit at 2nd place in the Western Conference and tied for 3rd in the NHL standings. Unsurprisingly, the Avs are 1st in both total bets and handle, but the division rival St. Louis Blues are receiving a lot of betting attention too, ranking 2nd in bets and 4th in handle. The Blues are the reigning Stanley Cup Champions and are the only team in the Western Conference ahead of Colorado in the standings.
One of the more surprising findings from the early Colorado betting numbers is the handle coming in on the Philadelphia Flyers, the 2nd most of any NHL team. The Flyers are just +1300 to win the Stanley Cup, but they were one of the hottest teams in the NHL before play stopped, with a nine-game winning streak from February 18 to March 7. The Flyers went from the playoff bubble to a true Eastern Conference contender and are just one point back of the Washington Capitals for 1st place in the Metropolitan Division. Perhaps this run has reminded Colorado fans of the Blues surge last season that ultimately resulted in a Stanley Cup victory.
Substantial Betting on the Nuggets and RockiesDenver Nuggets and Colorado Rockies bets are lagging behind the Broncos and Avalanche, but both teams rank near the top in championship betting for their respective sports. The Nuggets are 1st in bets and 2nd in handle for the NBA Championship, behind only the Lakers, and the Rockies are 1st in handle and 2nd in bets for the World Series, behind only the Yankees.
All views expressed are my own. I am an employee of DraftKings and am ineligible to play in public DFS or DKSB contests
Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA) or 1-800-9-WITH-IT (IN) or 1-800-522-4700 (NH/CO).
NH/NJ/WV/IN/PA/CO only. 21+ (18+ NH). Eligibility Restrictions Apply. See website for details.