As the Iowa sports betting market becomes increasingly crowded, operators seek ways to make their sportsbook offerings stand out. BetMGM is among a few sportsbooks in Iowa now offering a prepaid card for sports betting.
Along with the power to convert cash into funds to bet on sports online, the cards also work as a responsible gambling tool. To boot, each card comes with a $10 deposit bonus.
We can tell you how to get your own BetMGM prepaid card at one of the many participating convenience and grocery store chains across the Hawkeye State.
Where to find BetMGM Sportsbook gift cards in Iowa
BetMGM Sportsbook partnered with TAPPP last month, a company that creates flexible payment options.
BetMGM has a locator tool that allows you to find the closest retailer to your location, pending availability. Currently, you can find BetMGM cards in 177 locations in Iowa:
- SpartanNash in Clear Lake and Osage
- Most Kum & Go locations
- Most Kwik Trip locations
The cards come in $25 and $50 denominations. Once purchased, BetMGM customers can deposit the attached funds on the BetMGM sports betting app or website.
You should note that these cards are not reloadable, and you can’t use the cards to withdraw funds. However, there is an incentive for making your deposits using the prepaid way.
BetMGM Iowa $10 deposit bonus
Each card comes with its own $10 deposit bonus.
That bonus has a 1x playthrough requirement, and wagers with odds shorter than –200 are not eligible for use with the bonus funds. Another upside is that the bonus funds are available instantly. There’s no waiting for electronic payments to process or worry about your bank denying transactions.
Of course, the downside could be the convenience factor.
In comparison, a couple of taps on your phone with methods like ACH payments and debit cards can be a lot easier to initiate. That’s exactly why these make good responsible gambling tools, though.
Betting gift cards enable gambling budget adherence
Like any other responsible gambling tool, proper use is crucial to success. However, these cards can be effective in that regard. Suppose you set a budget for betting on sports for yourself of $100 a month.
You could find a nearby retailer and purchase two $50 cards. Funding your account this way ensures that you won’t overspend. In addition, you’d get two $10 bonuses for the “trouble” of having to get out and head to the store.
Responsible gambling also requires anyone giving these cards as gifts to be cognizant of people’s issues with gambling when gifting them.
Other sportsbook gift cards in Iowa
BetMGM isn’t the only IA sportsbook with a gift card. DraftKings Sportsbook also advertises a gift card you can purchase in $25/$50 increments.