Betting On The Iowa Hawkeyes NCAA Basketball Team

Gambling guide, odds & top sportsbooks

The Iowa Hawkeyes represent the University of Iowa in college basketball as a member of the Big Ten Conference. They’ve won the Big Ten regular season conference championship 10 times and the Big Ten tournament twice. The team began in 1901, with its only national championship game coming in 1956.

This guide to gambling on Iowa Hawkeyes college basketball starts with a look at the high points in team history — including the best performances in the NCAA Championships. Next, the betting options on each of the games are detailed, as well as season-long futures bets available. The guide ends by detailing how you’ll be able to place a wager on the Hawkeyes in Iowa.

History of the Iowa Hawkeyes basketball team

The first success for the Hawkeyes came in 1923, when Sam Barry’s team would finish tied for first in the Big Ten with a conference record of 11-1. The first outright win in the Big Ten then came in 1945, when the Hawkeyes  finished with a stunning 17-1 record for the season.

The most successful era for the University of Iowa basketball team was during the 1955 and 1956 seasons. In both of these years the team would win the Big Ten conference and enjoy successful runs in the National Championship. In 1955 the team would reach the Final Four and lose an agonizing game 73-76. It subsequently went one better in 1956, going all the way to the National Championship game, but suffering a 71-83 loss to San Francisco.

1980s resurgence for Iowa

It would take until 1980 before the team would reach the Final Four again. That’s when the No. 5-ranked Hawkeyes would dispatch No. 4 NC State, No. 1 Syracuse and No. 3 Georgetown on the way to a Final Four loss to No. 2 Louisville.

In 1987, the Hawkeyes would enter the National Championship as a No. 2 seed (their highest ever seeding), and see a run to the Elite Eight, where they suffered a close defeat (81-84) to No. 1 seed UNLV.

The team has only managed two Sweet Sixteen runs in the years since. In 2006, the Hawkeyes would enter March Madness on a high, being named the No. 3 seed after a T-2nd run in the Big Ten. However, a tortuous 63-64 defeat to No. 14 seed Northwestern State in the first round put paid to their hopes.

In 2019, the Hawkeyes reached the second round of the NCAA Championship, the No. 10 seeds upsetting No. 7 Cincinnati 79-72 in the first round.

In total, the Iowa Hawkeyes have had 22 coaches in their history. The current incumbent, Fran McCaffery, has been in the job since the start of the 2010-2011 season.

Betting on University of Iowa basketball

During the basketball season, you’ll be able to place many types of bets on individual games, as well as place season-long bets. Here’s a rundown of the most popular wagers:

Point Spread — The most popular basketball wager of all, the point spread sees the underdog given additional points to even the game. You’ll then bet on either of the teams to “beat the spread.” This can be a good wager if you think the favorites will win more comfortably than predicted, or if you think the underdog will run the favorites closer than predicted.

Money Line — This is a straightforward wager on which team will win the game. In one-sided games you’ll see small odds for the favored team and long odds for the underdog, perhaps ideal if you fancy the Hawkeyes to pull off an upset in March Madness.

Totals — With this option you’ll be betting on whether the total points in the game will be above or below a given number. If you think the 3-point shooters will be on fire, bet over, or if you’re anticipating a scrappy, tight affair, bet under.

Depending on the sportsbook you choose, you’ll also find additional wagers. These can include period betting (such as half-time betting), or player prop bets like first player to score or individual player totals.

The most popular futures wager on college basketball is the eventual winner of the NCAA Championship in March. If you think the Hawkeyes will break their duck, you could get some big odds in the early season.

Where to place wagers on the Hawkeyes

The changing laws surrounding sports betting in Iowa have opened up a number of doors in recent months. Virtually all of the casinos in Iowa now have a sports betting arm (or arms), many linked to a popular online sportsbook. Companies such as William Hill, FanDuel, FOX Bet, Bet365, 888, BetAmerica, Caesars Sportsbook, DraftKings Sportsbook, PointsBet and BetMGM are all either already live in Iowa or expected to be live imminently with betting apps and websites.

You can legally bet in person or online in Iowa as long as you are 21+. Online betting is strictly controlled to only work within state lines. With fierce competition between the online sportsbook apps in Iowa, this is a great time to take advantage of their bonus offers and new player promotions.