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No Mile-High Gambles In Colorado, As Voters Would Need To OK Raising The Stakes by Brian Pempus

The median bet on DraftKings Sportsbook in New Jersey is less than $10 according to CEO Jason Robins. In Colorado, that figure might end up being even lower, as the state is looking to subject its commercial sportsbooks to a maximum legal wager.

Sharps might be staying away from Colorado, which could create considerably less fanfare if/when the state launches. While the Garden State is seeing a lot of small wagers, one of the first bets in the state was a $5,000 gamble on a baseball game, which generated some good press for the industry.


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