When can Iowans start wagering on sports? Bet on football season Stephen Gruber-Miller and Ian Richardson, Des Moines Register · May 15, 2019 at 12:05 am Iowans eager to start placing bets on their favorite sports teams will have to wait just a little longer. Although Gov. Kim Reynolds signed legislation Monday allowing legal wagering on college and professional sports in Iowa, as well as fantasy sports, that doesn’t mean gamblers can pull out their phones or stroll into a casino and start betting immediately. First, rules must be written and licenses issued. “For right now, nothing really has changed,” said Brian Ohorilko, administrator of the Iowa Racing and Gaming Commission. The commission will regulate sports betting in the state. The commission’s staff is currently working to draft the rules that will govern the licensing process, the posting of odds and payouts, how the money will flow through players’ accounts and how information about problem gambling can be provided.At some point this summer, there will be a public hearing on those rules, and Ohorilko said he expects them to go into effect sometime during the first half of August.