Over the last few years sports betting has become big business in Iowa. Gambling is legal in Iowa and sports betting is very popular. In fact, Iowa is one of twelve states that allow sports gambling. While not a lot of people are familiar with the term, betting on sports in Iowa seems to be a very familiar activity to a lot of people.
The proof is in the statistics. Iowa has opened a new record for sports betting handle in the past four years, with even more figures expected in the next decade. In the beginning of its existence, in-person gambling was all the rage. Iowa was home to the first” Casino Renaissance” event, and people were flocking to Davenport’s downtown shops to place their wagers. However, because Iowa doesn’t have a lot of competition for in-person gambling it wasn’t long before the same old people showed up for their virtual gambling experiences. In order to keep a casino gambling floor full of live gamblers, in-person gambling was discontinued.
Fortunately, in light of recent news events, iowans are now starting to discover the power of online sports betting. While in-person gambling still attracts some of the same crowd, there are now lots of online sports books that are catering to the sports betting crave in Iowa. This shift has created a new market for iowans looking for wagering options: online sports betting.
Online sports betting is similar to other types of wagering; it means placing a bet on the outcome of a sporting event. However, instead of wagering money on each point made in a game, bettors place bets into an “entertainment account” – much like what you would do with your winnings from a casino slot machine. Their account balance and monthly withdrawal limit are deducted from their winnings, so that they only need to take out as much money as they wager on a single game. Once the amount they’ve placed into the entertainment account is gone, that’s it. They’ve won or lost the bet.
Many state gaming commissions have imposed heavy fees and penalties on internet sports betting sites, saying that such sites encourage gambling by providing incentives to players to place more money into their accounts. Additionally, many states have levied additional sales and income tax fees against individuals who partake in online gambling, even if they are using an offshore gambling casino. Despite the legal gray area surrounding online gambling, many Iowa residents enjoy the added convenience and ease of placing bets through online sports books.
Online sports betting allows you to get away from the loud crowds, crazy bars, and overpriced gambling venues that you’ll find in more traditional locations. You can find everything that you need right at home, literally. In addition to the benefits that you’ll receive by placing your sports bet, online gambling sites can also provide you with a sense of security. As a matter of fact, there is actually good news when it comes to Iowa gambling: the State has enacted some serious limitations and regulations on online sports books, which mean that you can now place just as much money as you want onto wagers at any sportsbook in Iowa, no matter where you live!
The best part about the new law coming out in Iowa is that anyone with a credit card or e-mail can sign up for an account. Anyone can buy an Iowa sports betting app and everyone will be able to use the new features once they’re loaded. The main attraction for most customers, however, will be the bonuses that you can earn whenever you place a bet using the Iowa sports betting app. These bonuses are guaranteed to increase your bankroll, because you will be able to get them no matter what you win.
There are three major races on the slate this weekend: the Big Ten title game between Wisconsin and Iowa, the Russell Athletic Conference title game between Louisville and North Carolina, and the Capital Athletic Conference final game between Ole Miss and LSU. If you’re a good basketball fan, then you should really consider placing a sports bet on the Ole Miss/LSU game this weekend, as the odds are excellent. If you’re more comfortable placing European football wagers, then take a look at the upcoming UK game this summer. You can also look forward to the games between Northern Arizona University and Northern Iowa University in the coming weeks. All in all, there are a lot of interesting games coming up this summer, so get in on the action before someone else does!