Jimmy Boyd in 
On August 15, 2019 Elite Sportsbook Iowa was launched at Rhythm City Casino and was a huge success. Although, the mobile online sportsbook only opened towards the end of the month.
Elite Sportsbook is an online sports betting provider with operations in Iowa and Colorado.
Parent company Elite Casino Resorts, LLC is native to Iowa and first launched mobile betting in August 2019. Elite Sportsbook came to Colorado the following year with a retail sportsbook at Red Dolly Casino and mobile sports betting. The online wagering services are available to players via the desktop site or on mobile.
Elite is available in the state of Iowa, where it features a retail book at the Riverside Casino & Golf Resort, Rhythm City Casino in Davenport and the Grand Falls Casino, located in Larchwood.
Elite Sportsbook College Sports Betting
College and pro sports alike are covered by Elite Sportsbook. Unlike some states, Iowa law does not prohibit wagers on local college teams. As a result, Elite Sportsbook may accept wagers on in-state NCAA teams.
The one restriction under Iowa law is a prohibition on player props for athletes who play for Iowa college teams. For example, you may not wager on a local player winning the Heisman Trophy or scoring at least X points in an upcoming game. This prohibition applies only to wagers on individual Iowa college athletes.
In Colorado, Elite Sportsbook is also allowed to accept wagers on college games.
Elite Available Sports
Elite Sportsbook covers all the following sports and leagues:
- Boxing
- CFL
- College Football
- Formula 1
- MLB
- NASCAR
- NBA
- NFL
- NHL
- PGA
- Soccer (MLS + International)
- Tennis (ATP + WTA)
- UFC
- WNBA
Elite Sportsbook states
- Arkansas
- Colorado
- Delaware
- Illinois
- Indiana
- Iowa
- Michigan
- Mississippi
- Montana
- Nevada
- New Hampshire
- New Jersey
- New York
- Oregon
- Pennsylvania
- Rhode Island
- Tennessee
- West Virginia
The following have legalized sports betting and should have markets in place soon:
- Virginia
- North Carolina
Wagers Offered
- Totals
- Moneylines
- Point spreads
- Game props
- Team props
- Player props
Bonuses and Promos
ELITE SPORTSBOOK PROMO CODE AND BONUSES
All new bettors receive a welcome offer. The two states have unique bonuses for new players, without needing an Elite Sportsbook promo code.
The Elite Sportsbook in Colorado welcomes new players with a matched wager offer. New customers receive 25% matched bets on their first five wagers up to $200.
The Iowa online sportsbook greets new users with a 100% risk-free wager to the maximum of $500, no Elite Sportsbook promo code is needed.
Sign-up bonus
They currently offer a sign-up bonus to new users from Colorado and Iowa. Players who place their first real money wager are eligible for a 100% risk-free bet on their first deposit. If the bet loses, customers will receive a free bet equal to their loss up to $500. The free bet play applies to any betting market, with the exception of futures, below odds of +300.
Iowa-based bettors are served with a sign-up bonus when you sign up for a new account and place the first real money wager. You can bet from your phone anywhere in Iowa. On a new sign up you get your first bet risk-free up to $500. This means that if you lose on your first bet, you will be compensated with a free bet equal to your loss of up to $500. To qualify for the Free Bet, all eligible participants must successfully place a real money wager within 24 hours of signing up for an account. This bonus does not require any promo code.
In Colorado, the Sportsbook is offering a 25% bet match up to $200 on your first five wagers. To claim the bonus, sign up for a new account in Colorado and place real money wagers. You then receive a 25% match on your bets in the form of free bets up to $200. The free bets expire 7 days after being credited.
Parlay bonus
Elite Sportsbook offers a unique parlay bonus known as a Progressive Parlay, which is usually available for football and basketball point spreads. Progressive Parlays are similar to traditional parlays but can still payout if one or several legs of the bet lose. You must choose between four and 12 teams, and the margin of error depends on how many games you have in your parlay:
- 4 – 6 teams can miss up to one game
- 7 – 9 teams can miss up to two games
- 10 – 12 teams can miss up to three games
Elite’s take on a parlay means bettors can lose games and still win their bets. There is a catch, however, in that a push or a tie is considered a loss in Progressive Parlays.
Live Betting
One of the main attractions at Elite Sportsbook is the live betting section, which mostly mirrors the professional leagues in North America. After selecting a live match, the interface will show a basic representation of the current stats and the available betting options.
Buying points
Elite Sportsbook may allow bettors to buy points and thus alter the point spread or the total of a football or basketball game. The feature is generally preferred by more experienced bettors looking for ideal lines and who understand the value of each point.
Early cash-out
The sportsbook’s cash-out feature allows bettors to settle their wagers before the conclusion of an event. This feature is only available for select events, both pre-match and in-play. After placing your bet, you can opt to cash out eligible wagers from the bet slip. The payout is based on the current odds, and the funds are added to your account balance.
Deposit Methods
- Elite Play+ prepaid card
- Cash at the retail casino cage