When It Comes to Sports Betting, It’s a Good Bet that Iowans are on Board!
This past January, Iowa sports betters set another high mark, betting over $300 million on games. Of course, this number was helped by having extra NFL games, now that they've made season 17 games. The extra chances to win money, betting on your favorite sport boosted the total to $303 million, from which $276 million were online bets.
Betting on sports is catching on all over the state!
The Gazzette reports betting apps like Draft Kings, Fan Duel, BetMGM, and Caesars Sportsbook make wagering on any sports match-up easier than ever. You no longer have to call your bookie or casino to place a bet. It can all be done right on your smartphone, wherever and whenever you want to wager on a game.
In Iowa, men's basketball games from Iowa and Iowa State were popular wagers as were Chicago Bulls games. There's no doubt the stats for February and March will be significantly higher, with Super Bowl bets being reported in March and College Basketball Championship games next month being reported in April.
Since Iowa legalized sports betting in August of 2019, there's been a slow and steady rise of Iowans trying their luck. If it's a sport, chances are good you'll be able to bet on it with all of the options that are available. At first, Iowa made it legal, only if you were to go to a physical casino sportsbook and register before you could make your first bet. However, on January 1st, 2021, that requirement expired, opening Iowa's electronic doors to online and app gambling companies. Now, anyone over 21 years old, with a bank account to feed your choice of gambling apps, can wager on any game that is available, to beat the spread, or bet the over/under.
Last year, Iowans almost quadrupled what they bet on sports, since August 2019.
Read more and see the Iowa Sports Betting Revenue Chart for January HERE.
If you have a gambling problem, remember to call 1-800-BETS OFF.