This week Rep. Jake Highfill, a Republican politician in the Iowa legislature presented a proposal to increase current betting limits and legalize online gambling on fantasy sports within the state.
In his proposed bill, Highfill envisages an increase of the betting limit to $500, which was supported by punter who play fantasy sports, which is exempted from the federal ban of online gambling.
Highfill also commented on the current max win of $50, saying that it leads Iowans to unknowingly break a law which can in any case be challenging to enforce.
“Our laws aren't caught up to online gambling, and it kind of blew my mind it's against the law to do that,” he opined.
University of Iowa associate professor John Solow, added: “I don't see gambling on fantasy sports any different than the turn of a card or the pull of a one-armed bandit. A NCAA March Madness pool or a game like fantasy football or fantasy baseball should be people's own decision to make.”
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