On August 15, 2019, Iowa became the 11th state to legalise sports betting. The state responded by investing in a range of collegiate and professional sporting events. Initially, Iowa gamblers were expected to register for mobile sports betting at a brick-and-mortar casino sportsbook. They can, however, now finish this process online. The IRGC regulates the sports betting sector, which has grown to be one of the most powerful in the country.
Is it legal to bet on sports in Iowa?
Yes. Iowa legalised sports betting in May 2019. The first sportsbook apps became available in August 2019. Despite the fact that the state has no significant pro teams, it is home to a number of online sportsbooks. Iowa residents can place wagers in a variety of legal online sportsbooks. These sportsbooks provide a variety of bonuses to new customers.
What Online Gambling Sites Are Legal in Iowa?
Sportsbook by DraftKings
This sportsbook is at the top of this list because it offers a user-friendly programme with cutting-edge features like the Flash Boot option for live wagers and betting pools. As a user, you can compete against other betters for the chance to win prizes. Furthermore, the application features an excellent user interface design, making it a highly smooth betting platform.
Caesars Casino Sportsbook
From a reputable brand name, this sportsbook offers competitive odds across the board. The finest feature of this sportsbook is the regular promotions offered to existing players.
When you join Caesars, you can get up to $1,250 back on your first bet.
This sportsbook has a distinct feature in that it offers sports that are unlikely to be found in other bookies, such as snooker. There’s a strong possibility you’ll find a sport on this site that you can wager on and generate some interest in.
All new BetMGM players will receive a $1,000 risk-free bet.
The Sportsbook at BetRivers
The sportsbook has a lot of outstanding features, such as a large sports menu, a proper layout for props and alternate lines, and one of the greatest rewards programmes in the market. Its strongest feature, iRush Rewards, would allow it to capture a sizable portion of Iowa’s market share.
New BetRivers customers can get up to $500 in free bets.
Betting site Betfred
As a member of this sportsbook, you will have access to some of the most competitive odds in the business, as well as a visually beautiful display. The site’s modern layout and considerable experience in the European sportsbook business ensure that you will become hooked and enjoy their competitive offerings.
The sportsbook’s simplicity has allowed it to function well and be simple to use. Bettors will find it appealing because to its live betting and streaming possibilities. Furthermore, it offers a wide choice of betting markets, outstanding promos, and competitive odds, all of which are essential for any better in the industry’s market.
Fantasy Sportsbook FanDuel
The sportsbook offers a superior web and mobile experience. It will specifically lay out everything for you in a clear manner so that you may discover its numerous features. As a registered member, you will receive unique live streaming offers and deals.
This sportsbook offers advantages like as competitive odds and huge potential returns, and it is suitable for frequent betting. The online sportsbook has extensive experience, fair price, and excellent coverage.
When new PointsBet players sign up here, they will receive four $200 free bets.
Sports Betting Regulations in Iowa
There are now 20 casinos in Iowa. While the number of casinos permitted in the state is limited, the IRGC has enacted a policy that bans the acceptance of fresh applications for additional locations. The IRGC must licence all gaming facilities and related businesses. Even though Iowa does not condition licences, the IRGC requires all licence applicants to comply with all federal, state, and local regulations. The IRGC licences are valid for one year and must be renewed each year. As a result, companies and individuals must deal with the IRGC and DCI’s regular monitoring. All licensees must comply with requests to exclude individuals and not include these persons in mailings and consumer solicitations. Furthermore, mobile betting is only permitted through a mobile account for intrastate bets.
The Best Mobile Sportsbooks in Iowa
DraftKings Sportsbook- This sportsbook provides a fantastic betting experience, particularly for those who use its world-class DFS programme.
Caesars Sportsbook- This is the greatest option for new users because they provide a big welcome bonus.
BetMGM Sportsbook- This sportsbook has a loyalty programme that allows players to collect freebies at MGM properties throughout the state.
BetRivers Sportsbook- The welcome offer at this sportsbook has the most player-friendly terms in the business.
Betfred Sportsbook- this sportsbook is the greatest for allowing you to participate in sports wagers that you may not have previously considered.
Unibet Sportsbook- This sportsbook has the most betting options for international sports.
Users of FanDuel Sportsbook can live chat with customer care to get answers quickly.
Sportsbook PointsBet- PointsBet provides new betting choices, particularly PointsBetting, which allows you to earn multiplied gains.
Iowa Sports Betting Specials
Bonus from FanDuel
If you are a new FanDuel Sportsbook member, you can take advantage of a $1000 incentive that will make your first bet a breeze. Make sure your first wager pays off. Your first wager with the sportsbook is guaranteed up to $1000. If your bet loses, you will earn a larger payout. If your first eligible wager loses, you will receive a return of up to $1000 in site credit.
Join FanDuel and get your $1,000 No Sweat First Bet by clicking here.
Bonus for DraftKings
DraftKings Iowa has a few welcome packages for new clients. The first free bet requires you to open a new DraftKings account, while the second is predicated on your first deposit with the sportsbook. The bonuses together can be valued up to $1050. The first incentive is in the form of a free bet worth $50. The second bonus is a deposit match bonus of 20% on your first deposit. This incentive might be worth up to $1000. As a result, a $100 deposit earns you a $20 incentive.
New DraftKings players are eligible for a $1,000 deposit bonus.
What Sports Can You Bet On in Iowa?
Football for the Hawkeyes
Football, Iowa State Cyclones
Men’s Basketball, Iowa
Iowa Sports Betting Strategies
Only gamble on sports that you are familiar with.
You will not understand the arithmetic involved in sports betting unless you understand the sport and how to apply your edges correctly. Even while pursuing steam is a tried and true method for winning sports bets, it can be risky if you don’t understand the sport on which you’re wagering.
Never wager based on your emotions.
When it comes to sports betting, you must employ a variety of strategies to attempt to forecast the outcome of a sporting event. When it comes to winning bets, there is no room for personal biases or emotions. When betting on sports, you should aim to remain emotionally detached. Betting on your favourite team and not betting on a team because you previously lost multiple bets on it are two examples of emotional mistakes.
Don’t bet too frequently.
The most common mistake is believing that you can bet on every game, market, or proposition. In this case, you should think about using betting lines to anticipate the outcome of athletic events on which you want to bet. To ensure that their markets are efficient, sportsbooks use cutting-edge technology and a staff of expert odd makers. This indicates that if you bet too frequently, you will lose a lot of money.
Don’t put too much money on the line.
It is foolish to gamble on further games just because you won your earlier wagers. This is due to the fact that there is no association between winning an earlier wager and winning your subsequent wagers. As a result, never wager too much money because betting is a long-term pastime in which you can bet later.
Rates of Iowa Sports Betting Tax
The state of Iowa collects taxes from sportsbooks and bettors. As a result, the state has a withholding rule in place for all gambling winnings from bettors. The withholding regulation states that if you win more than a particular amount, casinos and sportsbooks are required to keep a portion of your winnings on behalf of state and federal authorities. Federal taxes are withheld at 24%, plus 5%. Sports betting net wagering receipts are taxed at 6.75%. In addition, they must pay a $45,000 licencing fee. Iowa bettors who incur losses can deduct such losses from their tax bill. The losses, however, must be less than the stated wins. Sportsbooks, lottery commissions, and casinos are obligated to record all of their players’ earnings. If the returns do not correspond, they may be audited. As a result, companies must disclose wins of more than $600 in a calendar year.
Is Sports Betting on DraftKings Legal in Iowa?
Yes. Wild Rose Casinos has collaborated with DraftKings Sportsbook. As a result, the retail sportsbook inside its sites is managed by the sportsbook. Bettors can place wagers on a variety of American and international sports at the sportsbook. There are also other bet kinds that are exclusive to DraftKings. Live betting, Sportsbook Teasers, and in-game betting are examples of these. The sportsbook employs enhanced security, making it the most secure betting platform.
Is Sports Betting on FanDuel Legal in Iowa?
Yes. FanDuel Sportsbook is legal in all of Iowa. The layout of the sportsbook is basic and easy to use. Users can quickly find required bets because all sporting possibilities are clearly accessible from the home screen. You can also take advantage of the FanDuel Sportsbook’s numerous live-betting alternatives.