Iowa

The Hawkeye State is on the up in the online sports betting world, with the state’s sports betting handle growing faster than the prize-winning cornstalks. Bonus Bet USA is cooking you up sportsbook signup offers so goddam satisfying that you’ll have to say no to Grandma’s latest batch of ham balls. Sorry not sorry.

If you or anyone you know has a gambling problem, please call 1-800-GAMBLER.

Iowa Sports Outright Winners Odds

There are a vast number of sports on which you can bet online – each of our Iowa sportsbook betting reviews will tell you exactly what sports are available. As a proud resident of the Hawkeye State, you will easily be able to place online wagers on the following professional Iowa based sports teams from your mobile device, tablet or desktop.

Get a Winning Start to Online Betting in Iowa

Before you sign up to a sportsbook – make sure you grab one of the sign-up offers on this website by clicking on one of our Claim Offer links above (affiliate disclaimer: we may receive a payment from the sportsbook for this service).

Our links will automatically open the Iowa sportsbook sign-up page for you – and also trigger any signup bonus reward mechanism. Depending on the sportsbook – you may also be asked to add a promo or bonus code, these are clearly stated on our offer pages.

By signing up to a sportsbook through Bonus Bet USA and then following the simple bonus-activation process, you will activate the offer listed above and snag your bonus bets. Every offer comes replete with its own terms and conditions, which might include receiving the listed bonuses in multiple bet-increments, time-boxed betting windows, or, what is known as play-through requirements.

These are super-simple yet important to understand. We clearly state the relevant terms & conditions within our offer pages, be sure to read them – an informed bettor is a smarter bettor!

You may need to prove your identification and/or residential status during sign-up, so have a think about where your documentation is before you begin. It is usually your social security number that is requested upfront, but some sportsbooks require further ID checks, usually in the form of a drivers license or state ID card.

Legal Status

The first online sportsbooks opened their doors to Iowa bettors in August 2019, after  Bill SF-617 was successfully signed in to law by Governor Kim Reynolds in May of the same year. Bettors must be 21 years of age + and be inside state lines to place a bet – you do not have to be resident.

Further Reading: https://legiscan.com/IA/bill/SF617/2019

Taxable Status

In Iowa – winnings from sports betting are state-taxable at the flat rate of 5% which applies to winnings over a certain threshold, currently $600. Federal tax at the standard rate is also applicable. Losses from sports betting can be offset against tax, therefore it is important that you keep detailed records of your gambling at all times.

Further Reading: https://www.irs.gov/pub/irs-prior/iw2g–2018.pdf

Who Regulates Iowa Sports Betting?

In Iowa, sports betting is regulated by the Iowa Racing & Gaming Commission.

Further Reading: https://irgc.iowa.gov/

Can I Bet On Iowa College Sports Online?

You can bet on in-state college & NCAA games in Iowa, but player prop bets are banned, along with E-sports and awards betting.

Responsible Gambling In Iowa

Bonus Bet USA supports Fun, Safe & Responsible Gambling. Head to our Responsible Gambling page for more information and links to resources which could be helpful. Gambling and sports betting are designed purely for fun and entertainment, but when they escalate to harmful levels, severe repercussions can follow. In essence, any gambling that negatively impacts your personal or work life constitutes problem gambling.

The notion of responsible gambling encourages secure, controlled, and lawful gambling experiences while reducing the potential harm to individuals, families, and society. The saying “too much of a good thing can be detrimental” is definitely applicable to gambling.

Signs of Problem Gambling

Several warning signs indicate problematic gambling behavior, such as:

• Frequently daydreaming about gambling or betting strategies
• Increasing bets to achieve the thrill of excitement
• Wagering money not designated for entertainment or money you cannot afford to lose
• Feeling irritable, anxious, or annoyed when ceasing gambling activities
• Engaging in illegal activities to support or fund gambling
• Taking loans to finance gambling
• Attempting to recover lost funds by placing larger bets
• Deceiving friends, family, and colleagues about the extent of your gambling

However, the most significant and telling sign of excessive gambling is the inability to stop or reduce it despite attempts to do so. In addiction terminology, this is referred to as acting “without your own permission.”

If you or anyone you know has a gambling problem, please call 1-800-GAMBLER.