Former NBA star Chauncey Billups has placed the first legal sports wager in the state of Colorado last week, using the BetRivers.com online book to get his wager in.
BetRivers is run by Rush Street Interactive, and Billups placed a $100 wager on Denver Broncos rookie wide receiver Jerry Jeudy to win NFL Offensive Rookie of the year. The bet was a +2000 wager, meaning that "Mr. Big Shot" will take home $2,000 (plus his $100 wager back) if he wins. Billups hails from Colorado, winning the high school "Mr. Basketball" title before playing college ball and then heading to the NBA. He played for the Denver Nuggets, but had most of his success with the Detroit Pistons, winning the 2004 Championship and taking home Finals MVP honors.
Commenting on the new market Billups noted: "This is huge for the state of Colorado, both the economy and for avid sports fans in the state. Betting has become such a big part of the daily sports conversation and this move is a huge step in the right direction for the industry and the sports world.
"Above all else, I am a sports fan. I love football, just love it. Boxing and baseball too. I love being able to learn more and have options when you want to get involved and make a play."
Punters in Colorado can place sports wagers using a computer or smartphone. Those wagering need to be at least 21 years of age or older and located physically in Colorado at the time of the bet.