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Horse Racing Betting Sites
Bruce Seymore, executive director of Bally’s Arapahoe Park, the state’s only race track, initially objected to the idea of fixed odds wagering. During the first year of legalized sports betting between May 1, 2020, and April 30 this year, wagers totaled $2.3 billion in Colorado. For example, if a person puts $10 on a horse at 10-1 odds and the odds change to 5-1 before the race starts, then the gambler would receive a payout based on the 5-1 odds. (more…)