The state of Iowa recently legalized sports betting. Its retail launch came in August, and mobile users will be able to register on sportsbook apps in the state starting in January 2021. Until that time, a person must physically be in Iowa to place a bet. Live operators in Iowa include DraftKings and PointsBet.
Explaining the basics of sports betting
Sports betting is an activity where you wager money on the outcome of a specific game. In order to place a bet, you have to know how to interpret the betting odds. These odds are presented in either fractional or numerical form and indicate the probability that the outcome will occur. It can be confusing to those who are new to the sport but a sports betting for dummies guide can help you learn more about this activity.
Sports betting is a fun activity and can add excitement to your viewing experience. There are many types of bets you can place, but the most common are spread bets, moneyline bets, and parlays. Prop bets are also available, which allow you to place money on specific players or outcomes.
There are a variety of different types of sports betting bets. In the United States, sports fans typically talk about college and NFL football, but soccer fans also place wagers. If you’re new to sports betting, you should understand some of the common sports bets so you can choose wisely.
Legal states that allow sports betting
Sports betting is legal in more states than you may think. The US Supreme Court struck down the federal ban on single-game wagering in 2018. In addition, nearly two-thirds of states have passed laws allowing sports betting, either online or through in-person sportsbooks. Interest in legalizing sports betting in the US had already increased in recent years. The only remaining states without legal sports betting are North Carolina and Kansas, which allow sports betting only in tribal casinos. In addition, Mississippi and New Mexico have legalized online sports betting at their licensed casinos.
The first step toward legalizing sports betting is to pass legislation in each state. New Jersey and New York are two states that have passed legislation that would allow sports betting. However, there is no clear consensus about what laws must be followed in order for a state to legalize sports betting. Some states require a three-fifths majority of the legislature, while others have no such requirements.