Iowa sportsbook ClutchBet is offering a one-of-a-kind betting service.
ClutchBet introduced ClutchClash, a world-first product exclusive to the Iowa online sports betting market, shortly after its launch. The ClutchClash feature helps customers build head-to-head player parlays for the NFL and NBA markets.
One of ClutchClash’s features allows bettors to create their own NFL head-to-head player matchup even if they aren’t playing against each other in the same game. With NBA bets, ClutchClash player matchups only work for the same game but can be created between different players on the same team.
Sean Phinney, ClutchBet’s senior vice president of marketing, said in a statement:
“ClutchClash is yet another example of ClutchBet’s commitment to product innovation and providing Iowans with a world-class wagering experience. Clutchbet players in Iowa now have a world-exclusive sports betting product to enjoy, along with unique and locally-focused promotions and offers.”
What to know about ClutchBet Iowa sportsbook
Australian company BlueBet owns the ClutchBet sports betting app. The company secured a license from the Iowa Racing and Gaming Commission in late August, making its first venture into the US market.
BlueBet CEO Bill Richmond called ClutchBet’s Iowa launch “a huge moment” in the company’s history. Upon launching in Iowa, the company cemented plans for expansion in Colorado, Louisiana and Indiana.
“We are thrilled to bring our sportsbook to Iowa sports fans who we are confident will respond well to our first mobile online offering and differentiated market positioning.”
Iowa boasts 18 legal sportsbooks in the state. By law, every online sportsbook licensed in Iowa must have a partnership with a retail casino. The Q Casino in Dubuque is ClutchBet’s Iowa casino partner. Since the partnership, the Q Casino rebranded its sports bar as ClutchBet Lounge. Additionally, there are ClutchBet lounges located at:
- Gary Dolphins Iron Bar, Dubuque
- The Leaderboard Sports Bar, North Liberty
- Vine Tavern and Eatery, Iowa City
Exclusive ClutchBet IA promo
New ClutchBet customers in Iowa can utilize a bonus bet of up to $500 upon creating their account. Once you’ve registered your account, deposit at least $10, then place a minimum $10 bet within 30 days of registering. Your wager must settle within seven days.
From there, sit back and enjoy the ride. If your bet hits, you’ll collect your winnings are you would with any typical payout. If it loses, ClutchBet will credit your account with bonus bets equivalent to your first bet, up to $500. You have 14 days to use the bonus bets before they expire.
But that’s not all ClutchBet offers its Iowa customers. The sportsbook provides +150 point spread bet odds for Iowa and Iowa State all season long, meaning you’ll get an added boost when betting on the Hawkeyes or Cyclones.
ClutchBet also offers ClutchPicks. It’s a section of the sportsbook that offers various boosted game odds daily across different markets.
Can ClutchBet compete in Iowa?
ClutchBet is a relatively new sportsbook compared to some of the industry’s bigger names. But since its creation in 2015, ClutchBet grabbed a 1.2% market share, according to its website.
The fiscal year 2023’s numbers show DraftKings, FanDuel, Caesars and BetMGM lead in Iowa revenue and handle. The four sportsbooks combined for a handle of $338,015,813. That equates to roughly 88% of FY23’s total handle of $386,055,033.
Time will tell if ClutchBet can make a name for itself in Iowa. But BlueBet’s expansion to Iowa comes at the perfect time in the calendar. With football season in full swing, Iowa sports bettors lined up for the greatest handle since March, gambling more than $200.2 million in September.
