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FOR IMMEDIATE RELEASE: October Sports Betting Figures Continue Upward Trend

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October Sports Betting Figures Continue Upward Trend

LAKEWOOD, Friday, December 2, 2022- October sports betting figures, released today by the Colorado Division of Gaming, show another month of increasing wagers placed by Coloradans resulting in the second-highest month of total wagers since legalization in May 2020. January 2021 had the largest amount of total wagers, with $573,720,213 in bets placed that month.

The total handle for October 2022 was $526,619,777, a 17% increase from the total handle of the prior month, September, of $450,232,597. A year-to-year comparison shows a 7.2% increase from the total handle in October 2021, $491,453,342. 

Taxes collected by the state in October 2022 were 87% higher than taxes collected last year same period, October 2021.  In October 2022, taxes from sports betting wagers totaled $2,330,705, representing a 22.03% decrease over the prior month, September 2022, of $2,989,342. 

In October, Professional Football placed again in the top spot for the month with $171,637,593 in total wagers, followed by Basketball with $85,668,557 in bets. Wagers on NCAA Football placed third with $550,403,728. The fourth spot went to Baseball with $42,098,515, and Tennis finished in the fifth slot with $24,473,761 in total wagers. 

View the October 2022 Sports Betting Monthly Proceeds report on the Division of Gaming's website at


The Colorado Department of Revenue’s Division of Gaming ensures honesty and integrity in the Colorado gaming industry. 

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