Iowa became the fourth US state to regulate sports betting in 2019. This means that Iowa will soon start offering NCAA betting on most NCAA sports. It doesn’t matter whether you love college football, college basketball, or Lacrosse as you’ll be able to bet on most NCAA sports online and at live casinos.
Learn more about NCAA betting, including how to read NCAA odds, where to bet on NCAA games and the types of bets you can place on NCAA athletics.
Where to Bet on the NCAA in Iowa
With the passage of sports betting legislation in Iowa, you’ll soon have plenty of opportunities to bet on NCAA athletics. There are 19 casinos in the state that will be eligible to offer NCAA betting, and each casino can offer up to two sportsbooks. This means there will be as many as 38 online sportsbooks available.
While we don’t know when NCAA betting will launch, we do have an idea of which providers will be available. You should be able to place bets on the NCAA at most of the following providers:
- Caesars Sportsbooks
- William Hill
Online sports betting in Iowa will be ring-fenced and restricted to those physically located in Iowa. To play, you will have to use a Wi-Fi enabled device. VPNs will also be blocked. You do not have to be a resident to play.
NCAA Odds and Types of NCAA Bets Available
While there are plenty of opportunities to bet on NCAA sports, the majority of NCAA betting will occur during March Madness and College Football season. If you’re new to NCAA betting, that’s OK! Below we will teach you how to read NCAA odds and the ways you can bet on NCAA games.
Understanding NCAA odds – All US sportsbooks use moneyline odds for NCAA betting. The odds are simple + or – odds, and they tell you what you can expect to win. For favorites, you’ll have – odds, and the odds tell you the amount you’ll bet to win $100. If the Buckeyes are -140, you have to bet $140 to win $100.
For underdogs, you’ll get + odds and this tells you how much you can win on a $100 bet. If Wake Forest is +140, you’ll win $140 for every $100 wagered.
Yes, NCAA odds are really that simple. Now that you know how to read odds, here are some ways you can bet on NCAA games.
Moneyline – You’re betting on which team will win the game. This is the simplest form of NCAA betting.
Points Spread – Easily the most popular type of NCAA betting, you’re betting the win or loss margin of your team. If your team’s an underdog, they have to lose by less than the line or win the game outright. For favorites, they have to win by more than the line provided.
Total Points – This over/under bet is on the total points put up by both teams. If the line is 150.5, you’ll bet whether the two teams score more or less than 150.5.
Prop Betting – You’re betting on things that have nothing to do with a game’s outcome, such as how many fouls a team will commit or how many free throws a player will miss during a game.
Futures – You’re betting on a future event, such as who will win the College Football National Championship.
Some Restrictions Will Be In Place
While NCAA betting will be available for most college sports, there will be some restrictions on in-state betting on college teams. Prop betting on in-state NCAA school will be restricted. This is similar to what New Jersey is doing for the online sportsbooks.
Some may find these restrictions a bit odd, but it makes sense for lawmakers to try and protect their in-state institutions from points-shaving and other illegal activities that could result from betting on collegiate sports.
Fortunately, these are the only restrictions on NCAA betting, meaning that you will be able to bet on NCAA teams throughout the rest of the nation. So whether you’re a Tarheel that’s now employed in Iowa or someone that likes to put a few bets on March Madness, you’ll have plenty of opportunities to bet on NCAA games at Iowa online sportsbooks.