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Moneyline bets are the easiest of all—which team will win a specific game. The Moneyline simply presents the odds of a team winning outright. The odds are expressed as a positive or negative number e. The plus and minus signs are important! You are betting on the underdog. A parlay links two or more wagers into a single bet. The upside is that the bettor can win more money than betting on each game independently.
The downside is that you have to win all the bets in the parlay or you walk away with nothing. Parlays with several legs each bet in the parlay is often called a leg are extremely hard to win. On the other hand they offer the chance to win life-changing money for only a small initial stake. Spread bets are the most popular form of sports betting in the US.
To win you have to beat the spread which is a line set by the bookmaker. These bets work well in games where many points are scored by both teams, but suit games like soccer less well. Like all bets these are bets placed on an event in the future, but in this case, not the near future. Futures bets are placed on events well into the future, but normally within the same sports season.
If the NFL season begins in September and you place a bet on who will win the Super Bowl at the end of the season, then you have made a futures bet. Totals bets are made on the score of both teams added together. There are variations, but the basic Totals bet is on the final score of the game. If you bet the over and the score is higher than the quoted number you win.
If you bet the under and the score is lower you win. For example in the recent match between the Dodgers and the Padres , the Totals bet was quoted as:. The difference represents the price of the bet, and ensures the sportsbook makes a margin. They are normally offered only on football and basketball games. In football, a player may move the published point spread 6. In basketball, the options are 4, 5, or 6-points. The bet is like a parlay because you are adding several wagers into one bet.
In moving the point spread that applies to the bet you make the individual legs easier to win. Naturally the odds the sportsbook offers change depending on how far you shift the spread. Calculating all this is easy when you place your bets online. Before you finally commit to making your bet, you can experiment with different options to get the payout you are looking for given how much you want to bet.
To create the bet you make a list of the teams you want in your parlays and the number you want in each parlay. The round robin then creates a list of all the combinations of parlays for those three teams. In a round robin you must win every leg of a parlay, then parlays you have won are added together to create your payout. Calculating payouts is tricky if you try to do it by hand! The eight team three leg parlay above produces 56 different parlay bets. A lot of Iowans have accounts at offshore online sports betting sites.
Not only is it illegal for these to offer sports betting, their product is far inferior to the legal operators. One of the biggest differences is in-game or live betting. In-game betting refers to bets made after a match has started. Most of the normal bets remain available because modern legal sports betting operators have access to near real time data feeds.
This means they can adjust their odds as play progresses, second by second. Live betting is one of the main reasons to switch from your offshore account to the legal operators in Iowa. Of course, you also get legal recourse in case something goes wrong, and you know your deposits are safe. In-game bets can be as simple as who will score the next touch down, or what the score will be at the end of the next quarter.
But many more betting options are available. When you get your first account set up, give it a try! Until Jan , all players must register in person to open an online account. This means going to your local casino. At the moment, there are several sites available in the state. You can register for these sites by going to one of the following casinos:. Use this link to download the DraftKings Sportsbook app. Use this link to download the PointsBet Sportsbook app.
Other online sites will be available soon. Check TheLines for the latest announcements. After January the process gets a lot easier. No longer will you have to take a drive to get started sports betting. First check the reviews of Iowa online sportsbooks at TheLines and decide which best suits your needs.
New player offers and bonuses change so make sure you get the best offer by using the sign-up link on the review page. First you will need to download the app if you want to bet using your mobile. If you only use your computer, then downloads are not normally necessary, but it depends on the site.
Before you can begin betting you will need to make a deposit. Again this is one advantage of using legal sportsbooks instead of offshore sites. Deposits are easy and there are many payment methods accepted.
If you have a sports betting account in another state where it is legal, you cannot use that account in Iowa. You will need to open a new account for your Iowa betting. Withdrawing your winnings is just as easy. Not all deposit methods allow withdrawals, e. PayNearMe, but most will be available. A major advantage of the legal state-regulated sports betting market is that it is easy and fast to get your cash back.
The offshore unregulated market takes much longer since US banks are not allowed to process their transactions. Another important reason to switch to the state-regulated Iowa sportsbooks. The main points of the law are:. It is best to avoid these offshore sites. There are options for legal online casino games, though these are national sites and not part of bill SF Sweepstakes casinos operate in 49 states using sweepstakes laws.
Essentially, every spin or hand is a mini sweepstakes contest. Several sportsbooks are licensed for online betting in Iowa, which gives you a choice of bonuses and promotions. You can find out more about these on our sportsbook bonuses page. Once you read our sportsbook reviews and have chosen a brand or two , the next step is to decide how to access the betting site.
Depositing using cash at the casino cage is one of many ways to fund your sports betting account. The biggest advantage of regulated gambling sites in Iowa is you can deposit securely; however, Iowa law states you cannot deposit using your credit card. Here are the mainstream banking options:. When you choose a legal, regulated site, your money will be safe. It starts with the brands.
Their technology is simple to use. When it comes to depositing and withdrawing, the choice of a regulated site over an offshore one becomes a no-brainer. Instead diving into the world of cryptocurrency or expensive gift card purchases, you can use regular payment options. Finally, offshore sites have no oversight.
In the past, gambling operators have disappeared, taking the entire bankroll of thousands of players. With regulated Iowa sites, your money is safe. Many of these include major betting brands, like William Hill or FanDuel. This list includes Iowa casinos and their online sportsbook operators:.
Responsible gambling awareness , links to support organizations and tools to manage time and spending limits are available online. You will find that all reputable gambling brands take responsible gaming seriously. Many have detailed resource pages and a range of tools available.
Here is what to expect:. Best online sportsbooks in Iowa Rank. Visit DraftKings Sportsbook. DraftKings Review. Play now. Visit William Hill Sportsbook. William Hill Review. Visit FanDuel Sportsbook. FanDuel Review. Play Now. MGM Sportsbook Review. Visit Betfred Sportsbook. Betfred Sportsbook Review. Visit PointsBet Sportsbook. PointsBet Review. Sports Betting News. Industry News. Illinois St. February 1, Sportsbook Launch Updates.
Ready For The Super Bowl? Legal Gambling Options in Iowa. Iowa gambling and the law Gov. Here are some key details from SF Each Iowa casino can apply for one retail and two online sportsbook licenses.