Colorado rejects nearly 100 betting markets with ‘negative connotations’

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The Colorado Department of Revenue’s Division of Gaming has rejected 147 betting markets, nearly 100 of which it says have “negative connotations.”

In a document the Division shared publicly, multiple reasons were given for the removal of certain wagers. Some were listed as duplicate bets and others as old wagers.

The vast majority, 96 of the 147 denied wager requests, were removed because they were deemed to be “negative” markets that ride on gamblers betting on something undesirable happening, players failing to hit certain marks or some other negative connotation or impact.

“A negative wager is a wager that can be interpreted as having a negative connotation or negative result on gameplay,” a Division spokesperson told SBC Americas. “For example, Over/under for Technical Fouls per player (game/season) or Will a player get ejected from the game? All decisions are made to ensure honesty and integrity in the Colorado gaming industry.”

For example, some of the rejected wager requests, which span nearly 20 sports and/or events, include:

  • Baseball: Most walks (team and/or player)
  • Baseball: To hit a home run – Yes/No? (player and or team)
  • Basketball: Over/under for technical fouls
  • Football: Most fumbles (team and/or player)
  • Football: Will there be a roughing the passer call (Y/N)?
  • Golf: Make/miss the cut
  • Golf: To hit a shot {out of bounds/bunker/fairway/green}
  • Hockey: Over/under minor penalties
  • Soccer: Length of injury time
  • Soccer: Total cards

In addition, a few bets were rejected as they were deemed to pose integrity issues, such as whether either hockey team’s coach would request an extra video review or which NFL team would call the first timeout in a game.

“The Division of Gaming reviews its catalog of events regularly and removes anything that is a negative wager, duplicate, expired, or a concerning wager,” added the Division spokesperson told SBC Americas. “The Approved Colorado Catalog of Events and Wagers is available on our website.”

The document shows that just seven wagering markets had been rejected for being negative between July 2020 and the new wave of 96 markets, suggesting that particular rationale has become a new focus for Colorado.