What will it take to get Sports Betting or Daily Fantasy In Iowa
- Thread starter rhoho
- Start date
I don't really follow what is going on in other states, but is Iowa really so far behind on this? I kind of thought Iowa was surprisingly proactive (unlike marijuana for example) but maybe I'm wrong. How many states actually have it now?
Off the top of my head? Nevada, New Jersey, Pennsylvania, Delaware and Mississippi. I think there's a few others that have passed but not in place yet
I don't think so. They're near the same point as Colorado as far as I know. Where Iowa was behind other states was with the Fanduel/Draft Kings type stuff that wasn't technically considered sports gambling. There have only been 5 or so states where that has been illegal the last few years and Iowa is one of them.
When I briefly grazed over an article you can still bet on the in state schools, they may just not allow in game bets on the state schools.
I’m trying to find the exact article to verify but now I can’t seem to locate it.
This is the best summary I have seen, there are some restrictions on individual players for in state schools, but not a complete ban:
https://cbs2iowa.com/news/local/sports-gambling-bill-clears-iowa-house-heads-to-governors-desk
Betting on minor league, high school and other youth amateur sports is prohibited. The bill also bans in-game bets on an individual player's performance if he or she plays on team at a state college or university. That means, for example, someone could not place a bet on whether or not an Iowa Hawkeye basketball player is going to make a three-point shot while the game is underway.
The proposal would also legalize fantasy sports, allowing Iowans to make bets on sites like FanDuel and DraftKings. Collegiate sports are excluded from fantasy sports until May 2020. Any winnings from sports betting would be taxed at a rate of 6.75% and casinos would pay licensing fees in order to participate.
I actually just saw on a futures "big games" betting lines that Iowa is -6.5 right now. So if you dont know what that means is Iowa is favored by 6.5 points. If you take ISU they have to win or lose by no more than 6 points.
Yeah, it passed the House and Senate pretty easily. It would be really surprising if she didn't sign it.
You can bet on the in state schools, but no individual prop bets iirc
When do the betting facilities open? 6.5? I definitely want a piece of that action.
This is the entire bill, as passed by both the Senate and House:
https://www.legis.iowa.gov/docs/publications/LGR/88/SF617.pdf
https://www.legis.iowa.gov/docs/publications/LGR/88/SF617.pdf
