Important COVID-19 Notice
ELITE Sportsbook retail operation is NOW OPEN for in person wagers. We continue to offer online wagers and provide as many betting options as possible based on the sports activity schedule during this unprecedented time. Our risk team continues to monitor the sports world and develop events based on sports still available. We will be watching and posting some futures as well. If you already have an ELITE Sportsbook account you may continue to bet on mobile from anywhere in Iowa. Stay safe!
- Welcome to the $1000 Risk Free Bet promotion (the “Promotion”), where participants who place their first real money wager will receive a site credit available for use only on the FanDuel Sportsbook product (“Sportsbook Site Credit”) equal to the amount of that wager, up to One Thousand Dollars ($1000), if that wager loses.
- In the United States a sportsbook or a race and sports book (sometimes abbreviated as book) is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, hockey, soccer, horse racing, greyhound racing, boxing, and mixed martial arts.
- Virginia sports betting participants will benefit from welcome offers at FanDuel. It currently offers a free bet of up to $1,000 to new users. Should FanDuel receive a Virginia online sports betting license, this welcome offer will likely be extended to users on the FanDuel VA sports betting site. Most Likely Virginia Sports Betting Sites.
- PointsBet is currently only available in New Jersey, Iowa, Indiana, Illinois, Colorado and Michigan. If you’re in another state, you can still view our odds and bet types.
The source for in-depth betting site reviews, current betting lines and odds, game previews, sports betting guides, and futures trackers. Maximize your online sports gambling excitement.
Bet Now!What's better than Sports? Sports Betting!
The ELITE Sportsbook™ at Riverside Casino & Golf Resort®, Iowa's preferred Sportsbook, is now open. ELITE Sportsbook is proud to be part of a locally owned Iowa-based company and offer our customers the excitement of sports wagering on a secure platform. Whether you are betting in our on-site sportsbook, online or on mobile, you will always be in the game with ELITE Sportsbook.
To sign up for an ELITE Sportsbook account, visit the Resort Club desk at Riverside Casino & Golf Resort with a valid ID and your account will be activated. Then, log in online and follow the prompts to deposit funds. ELITE Sportsbook offers multiple funding capabilities including PayPal, bank account, debit card, or cash deposits onsite at our casino's cashiers cage. Once your funds are deposited, you can place wagers on your favorite sporting events! If you are not a Resort Club member you can place bets in person at ELITE Sportsbook at the casino.
Online Sign-Up
We are working on the final stages of our ELITE Sportsbook online IA sign up. We will be ready to accept online sign ups from anywhere in IA in early January and will announce the start date on our website and social media channels. Be sure to follow ELITE Sportsbook Iowa on Facebook, Instagram and Twitter or check elitesportsbook.com. You can still sign up by visiting ELITE Sportsbook at our casino and take advantage of our $500 Risk Free Bet with sign up. Watch for more information on our mobile app coming soon.
How Will You Place Bets?
- On your phone through our mobile friendly website www.elitesportsbook.com.
- At Draft Day - Your place for that true sports betting environment.
- At ELITE Sportsbook kiosks around the property.
- Other locations on property as designated by signage.
In the United States a sportsbook or a race and sports book (sometimes abbreviated as book) is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, ice hockey, soccer, horse racing, greyhound racing, boxing, and mixed martial arts. The method of betting varies with the sport and the type of game. In the US, the Professional and Amateur Sports Protection Act of 1992 only allowed Nevada, Oregon, Montana, and Delaware to legally wager on sports (other than horse racing, greyhound racing, and jai alai); the law was ruled unconstitutional on May 14, 2018, freeing the states to legalize sports betting at their discretion.
Winning bets are paid when the event finishes, or if not finished, when played long enough to become official; otherwise all bets are returned. This policy can cause some confusion since there can be a difference between what the sportsbook considers official and what the sports league consider official. Customers should carefully read the sportsbook rules before placing their bets.
The betting volume at sportsbooks varies throughout the year. Bettors have more interest in certain types of sports and increase the money wagered when those sports are in season. Major sporting events that don't follow a specific schedule, like boxing, can create peaks of activity for the sportsbooks.
Nevada[edit]
Most of the United States sportsbooks are located in Nevada. Now that many casinos share the same parent company, they offer exactly the same wagering choices and odds, which is a disadvantage to the astute gambler who in the past could do more shopping for better prices.
In 1949, Nevada allowed bookmakers to accept bets on horse racing and professional sports.[1] The first Nevada sportsbooks were called Turf Clubs. They were independent from the casinos and had an informal agreement with the hotels that they would stay out of the casino business as long as the hotels stayed out of the sportsbook business. The sportsbooks had to pay a 10 percent tax so they charged a high vigorish to gamblers, but they still brought enough business to make a profit.
Top Online Sportsbooks
In 1974 the tax was lowered to 2 percent,[1] in 1983 to 0.25 percent, and in 1975 Frank Rosenthal, who ran the Stardust Casino, convinced legislators to allow sportsbooks in the casinos, and soon nearly all of the casinos added them. The turf clubs were no longer able to compete and eventually all closed.
Nevada casino sportsbooks generally feature betting windows, big screen televisions, interactive betting stations, odds boards (usually computerized), papers with different odds for the day, and places to sit and watch games and races.
Sports Book Companies Stock
Some casinos use third-party operators for their sportsbooks, such as Cantor Gaming, Leroy's, Lucky's, and Club Cal Neva. In 2011, British bookmaker William Hill agreed to buy the Leroy's, the Lucky's, and the Cal Neva chains, which would give it control of 115 of the state's 183 books.[2]
The Super Bowl is the most popular event for the Nevada sportsbooks. They earned $7.2 million on the $99 million wagered on it in 2013. Because it attracts many unsophisticated bettors, as of January 2014 the books had made money on 21 of the previous 23 Super Bowls, with an average win of $5.5 million over the previous 10 years. The most profitable Super Bowl was in 2005, when the Philadelphia Eagles covered the spread against the favored New England Patriots, earning the books $15.4 million. The two losses were in 1995—when the San Francisco 49ers defeated the San Diego Chargers—and 2008—when the favored Patriots lost to the New York Giants, costing the books $2.5 million.[3]
Delaware[edit]
In 2009, a bill passed to allow betting on almost every sport.[4] That year, the NFL, MLB, NHL, NBA, and NCAA filed a lawsuit against the state of Delaware, claiming their sports books were violating federal law.[5] The US Supreme Court ruled that the law partially violated the federal law, and Delaware was only allowed to offer parlays on NFL games.[6] Delaware's three racetrack casinos—Dover Downs, Harrington Raceway & Casino, and Delaware Park Racetrack—have sports books.[7] Each sportsbook has multiple televisions, large tote boards and stations for people to wager. During the 2011 NFL season, the three sports books generated $4.4 million in revenue for the state.[8] On June 5, 2018, the casino sportsbooks in Delaware expanded sports betting to single-game and championship wagers on professional and college sports (excluding Delaware college teams) including football, baseball, basketball, hockey, soccer, boxing/MMA, golf, and auto racing.[9][10][11]
My Sportsbook Ag
See also[edit]
References[edit]
- ^ abMorin, Charles H.; et al. (Commission on the Review of the National Policy Toward Gambling) (1976). Gambling in America (Report). Washington, DC: US Government Printing Office. p. 130.
- ^Carey, Dave (May 24, 2011). 'William Hill holds the cards in future of sportsbook technology'. Covers. Retrieved April 1, 2012.
- ^Drape, Joe (January 28, 2014). 'Putting a Lot on the Line'. The New York Times. pp. B10. Retrieved February 5, 2014.
- ^Millman, Chad (May 13, 2009). 'Delaware Allows Sports Betting'. ESPN. Retrieved January 30, 2012.
- ^Raitz, Maureen (July 4, 2009). 'Major U.S. sports leagues file lawsuit to block Delaware sports betting'. Sussex Countian. GateHouse Media. Retrieved April 13, 2012.
- ^Richey, Warren (May 3, 2010). 'Supreme Court turns back Delaware bid to expand sports betting'. The Christian Science Monitor. Retrieved April 13, 2012.
- ^'Ready. Set. Bet! Sports Lottery at Delaware Racetracks'. Delaware Lottery. Retrieved April 13, 2012.
- ^'Delaware Sports Lottery'. Delaware Lottery. Retrieved April 30, 2012.
- ^Lehman, Tom (May 31, 2018). 'Delaware to Begin Offering Full-Scale Sports Betting on Tuesday'. Salisbury, MD: WBOC-TV. Retrieved May 31, 2018.
- ^Lehman, Tom (June 5, 2018). 'Delaware Launches Expanded Sports Betting'. Salisbury, MD: WBOC-TV. Retrieved June 5, 2018.
- ^'Sports Pick - How To Bet Guide'. Delaware Lottery. Retrieved May 31, 2018.