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Iowa sportsbook promos & bonuses

This page offers an updated list of the best Iowa sportsbook promos, how to claim these bonuses, understanding various types, deciphering wagering requirements, and expert advice for effective utilization. Enhance your Iowa betting journey with us.

Johnny Covers By: Johnny Covers
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Table of contents

Iowa sportsbook promos in May 2024
1 Bet365
Bet365 review
Bet $5 Get $150 in Bonus Bets
GET BONUS
(+5)
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
2 Caesars
Caesars review
Second Chance Bet Up To $1000
GET BONUS
(+7)
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
3 DraftKings
DraftKings review
Bet $5 Get $200 in Bonus Bets
GET BONUS
(+7)
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
4 FanDuel
FanDuel review
Bet $5 Get $150 in Bonus Bets
GET BONUS
(+5)
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
5 BetMGM
BetMGM review
Second Chance Bet Up To $1500
GET BONUS
(+7)
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program

Officially passing sports betting legislation in August 2019, Iowa has gradually grown its online sportsbook portfolio to 18, all of which are in partnerships with local casinos.

With so much competition in the state, there is no shortage of promos and bonuses being offered to entice new customers and retain current ones. Let’s take a look at all things Iowa sportsbook promos and bonuses.

Best Iowa sports betting promos

Dive into our curated list of the best Iowa sports betting promos and boost your chances of striking it big. Don't miss out on maximizing your betting value with these top-notch offers!

📱 bet365 IA promo 🎁 Bet $5 Get $150 in Bonus Bets
📱 DraftKings IA promo 🎁 Bet $5 Get $200 in Bonus Bets
📱 Caesars IA promo 🎁 Second Chance Bet Up To $1000
📱 FanDuel IA promo 🎁 Bet $5 Get $150 in Bonus Bets
📱 BetMGM IA promo 🎁 Second Chance Bet Up To $1500

bet365 Iowa

bet365 Sportsbook Iowa promo

The bet365 Iowa promo allows new customers to bet $5 and get $150 in bonus bets. To claim the promo, you need to deposit a minimum of $10 within 7 days prior to claiming the offer and must claim within 30 days of registering your account. 

Afterward, place qualifying bets totaling $5, which must settle within 30 days of claiming the offer, to release your $150 bonus bets. These bonus bets will be available within one hour of the qualifying settled bet requirement being met.

  • A deposit (minimum $10) and placing $5 in qualifying bets are required to release the $150 bonus bets.
  • Bonus bets are non-withdrawable; only winnings from bets placed with bonus bets can be withdrawn, excluding the stake.
  • Wager requirements include placing qualifying bets at odds of -500 or greater, and you cannot use bonus bets on certain bet types like Bankers, If Bets, or Teasers.

GET BONUS

Caesars Iowa

Caesars Sportsbook Iowa promo

The Caesars Iowa promo offers a safety net for new users placing their first cash bet. If your initial bet loses, Caesars will refund it as a Bonus Bet, up to $1,000, letting you try again without additional risk. To claim this offer, eligible participants must be over 21, located in Iowa, and must have opened a new Caesars Sportsbook account without having previously registered in another state. 

Enter the promo code BETT1DYW during the registration process within the promotional period. Once registered, place your first real money sports wager. If it loses, you'll receive a Bonus Bet matching the stake of your lost wager up to $1,000, credited within two business days. This gives new users a second chance to win without further denting their bankroll.

  • Participants must be 21 or older and located in a state where Caesars is licensed.
  • Bonus must be used within 14 days; it cannot be withdrawn, only the winnings from the bonus bet can be cashed out.
  • There are no wagering requirements on the winnings from the bonus bet, but the bonus bet value is not included in any winnings.

GET BONUS

DraftKings Iowa

DraftKings Sportsbook Iowa promo

The DraftKings Iowa promo offers a straightforward and enticing deal for new customers. By depositing $5 or more and placing a bet of at least $5 on any market, eligible participants instantly receive $200 in Bonus Bets. This promotion is designed to welcome newcomers to DraftKings Sportsbook with a generous bonus, regardless of the outcome of their initial wager. 

To claim the promo, participants need to sign up for a DraftKings Sportsbook account, make the required minimum deposit, and place their qualifying bet. This attractive offer is a great way for bettors in Iowa to kick-start their sports betting experience with DraftKings.

  • Must deposit and wager a minimum of $5 to qualify for the $200 in Bonus Bets.
  • Bonus Bets are issued as eight $25 bets and are valid for 7 days only.
  • Winnings from Bonus Bets must be wagered 1x before withdrawal, excluding the initial bonus bet amount.

GET BONUS

FanDuel Iowa

FanDuel Sportsbook Iowa promo

The FanDuel Iowa promo offers new users who sign up, make a minimum deposit of $10, and then place a first real money wager of at least $5 during the promotion period from May 1, 2024, to June 5, 2024, a bonus of $150 in Bonus Bets. This bonus is awarded regardless of whether the initial $5 wager wins or loses. 

To claim this offer, simply fulfill the stated requirements within the promotion period. The bonus will be credited to your account within 72 hours after meeting these criteria.

  • Participants must be at least 21 years old and physically present in Iowa.
  • Bonus Bets cannot be used for Round Robin wagers, and only the winnings from bets placed with Bonus Bets are withdrawable.
  • There are no wagering requirements for withdrawing winnings from Bonus Bets.

GET BONUS

BetMGM Iowa

BetMGM Sportsbook Iowa promo

The BetMGM Iowa promo offers a compelling deal for those stepping into the world of sports betting. When new users sign up at BetMGM, deposit, and place their first wager, if that bet loses, they are safeguarded by a $1,500 second chance in Bonus Bets. This means, if your initial bet doesn’t win, you will receive your stake back up to $1,500 as Bonus Bets, letting you have another go without further risk to your pocket. 

To claim this offer, simply visit BetMGM, sign up, deposit at least $10, and place your first wager. If your bet loses, the promised amount in Bonus Bets becomes available once the initial bet settles, offering a generous cushion to newcomers.

  • Participants must deposit a minimum of $10 and place a qualifying bet to be eligible for up to $1,500 back in Bonus Bets if their first bet loses.
  • Bonus Bets cannot be withdrawn, cashed out, and are forfeited when used to place a bet; they are lost if the bet placed with Bonus Bets does not win.
  • There are no direct wagering requirements for cashing out the Bonus Bets, but Bonus Bet stakes are not returned as part of any winnings.

GET BONUS

More Iowa sportsbook promos

Below are some more Iowa sportsbook promos:

ESPN BET Sportsbook Iowa promo

The ESPN Bet Iowa promo offers up to $1000 in bonus bets for participants. To claim this promo, you must opt into the promotion and place an eligible wager of $10 or more on any market or game. Whether you win or lose, you will receive a 100% match on your stake, up to $100, distributed as five Bonus Bets. 

Each participant can redeem this offer up to ten times, with a maximum of $1000 in Bonus Bets per account. Bonus Bets will be credited within 72 hours and must be used within seven days.

  • Players must opt-in and wager at least $10 in cash on any game or market within the promotion period.
  • There are no wagering requirements for the cash wallet, but Bonus Bets only return winnings, excluding the stake, to the player's cash balance.
  • Bonus Bets must be wagered within 7 days of receipt; otherwise, they expire.

Betfred Sportsbook Iowa promo

The Betfred Iowa promo is designed for new customer sign-ups offering a unique opportunity for those whose first wager ends in a loss. To be eligible, the initial bet must be at least $20 with minimum odds of -200, covering any sport except Futures and Betfred Boosts within the specified promotional period. 

Should this qualifying wager settle as a loss, Betfred matches the stake with a Fred Bet up to $105. To claim, ensure your bet fits these criteria during the promotional period. Fred Bets must be used within 7 days and cannot be withdrawn as cash.

  • Eligibility is limited to one per person/account/household/IP address/device.
  • Fred Bets must be used within 7 days of credit and cannot be redeemed for cash.
  • There are no explicit wagering requirements for cashing out, but Fred Bet rules and general terms apply.

ClutchBet Sportsbook Iowa promo

The ClutchBet Iowa promo is an offer where newcomers who sign up with a valid promo code and place a first cash wager of at least $10 can receive a 100% Bet Match up to $250 in bonus bets, distributed over the first five weeks of their promotional period. 

Upon placing the qualifying bet, players instantly get 20% of the bonus, with the rest divided into four equal installments issued on consecutive Mondays. To claim, sign up for a ClutchBet account, deposit, and wager $10 or more on qualifying markets.

  • Wagering requirements specify betting on odds of -200 or longer and settling bets within seven days.
  • Bonus bets must be used within seven days of receipt and split into x2, x3, or x4 individual bets.
  • To cash out the promo, winnings from bonus bets do not include the stake amount, and the bets cannot be used on certain markets like ClutchPicks or odds boosts.

Tipico Sportsbook Iowa promo

The Tipico Iowa promo offers new users a generous bonus for getting started. Upon opening a verified real money sportsbook wagering account and opting in on the Promotions page, eligible customers must deposit and wager $25 or more. Qualifying wagers are those with odds longer than -200 or parlay bets meeting the same criteria. 

Successfully completing these actions during the offer period entitles the customer to receive $100 in Bet Credits, split into two $50 credits, which will be available within 24 hours after the wagering requirement is completed. To claim this reward, participants must then select the Bet Credit in their bet slip for their next wager.

  • Bet Credits must be claimed within 30 days from the date they are credited and are non-withdrawable, only usable for placing wagers.
  • There are no wagering requirements for Bet Credit winnings; once a Bet Credit wager wins, the winnings (minus the value of the Bet Credit) are available as withdrawable real money.
  • If a Bet Credit is not used within thirty (30) days, it expires and cannot be reclaimed.

DRF Sportsbook Iowa promo

The DRF Iowa promo consists of a $25 Bet Credit plus a $150 Deposit Match offer. Available exclusively to newly signed up customers during the promotional period from April 19, 2024, to May 15, 2024, it requires them to successfully register, log into their DRF Online Sportsbook Account, and opt for the offer in their account’s “My Bets” or "Promotions" menu. 

The $25 Bet Credit must be used within 7 days on a single bet with odds between -400 and +400. To claim the deposit match, new customers should make an initial deposit of at least $10, upon which they will receive a 100% match up to $150 in bonus funds. The total amount, including the deposit and bonus, must meet a 1x play-through requirement before withdrawal.

  • Minimum deposit of $10 required to activate the deposit match
  • 1x play-through requirement on deposit plus bonus funds before withdrawal
  • Bet Credit must be used within 7 days on bets with odds between -400 and +400

SuperBook Sportsbook Iowa promo

The SuperBook Iowa promo offers new customers a 100% match on their first wager up to $250, with no promo code required. To claim, sign up and make an initial wager on odds of -200 or less. Whether you win or lose, you'll receive a Bonus Voucher matching your stake up to $250. 

This Bonus Voucher is applied to 25% of each qualifying wager until it’s exhausted. It’s credited to your account within 24 hours of your first bet and is valid for various straight wagers, parlays, and teasers, with some restrictions.

  • Must wager on odds of -200 or less to qualify.
  • Bonus funds are used at 25% of each qualifying wager until exhausted.
  • No direct cash out of Bonus Voucher; wagering requirements must be met within 30 days.

Bally Bet Sportsbook Iowa promo

The Bally Bet Iowa promo offers new patrons who place their first sports wager of $50 or more on an event with minimum odds of -200 a $50 Bonus Bet Token. This offer applies to wagers settled within 14 days of registration during the promo period from February 7, 2024, to June 26, 2024. 

To claim, complete registration, make a minimum deposit and wager with real money following the specified conditions. The Bonus Bet Token will be awarded within 24 hours after the wager settles, win or loss, and expires in 7 days.

  • Must wager $50+ on an event with minimum odds of -200 to qualify.
  • Bonus Bet Tokens expire 7 days after issuance and cannot be cashed out.
  • Wagers using Bonus Bet Tokens are ineligible for parlays and Same Game Parlays.

BetRivers Sportsbook Iowa promo

The BetRivers Iowa promo is a second-chance offer that allows new users to place their first real money sports wager without risk, up to $100. To claim, participants must make their initial deposit using the code SPORTS and place a real money bet. 

If the first bet loses, BetRivers credits a Bonus Bet equal to the lost stake, up to $100, to the account within 24 hours. This gives players a second chance to win without risking additional funds. To claim, simply use the claim code SPORTS during your first deposit and place your qualifying wager.

  • Participants must deposit a minimum of $10 to qualify for the promotion, and this offer is only valid on the first deposit.
  • Bonus Bets expire 30 days after they are issued.
  • Only wagers placed with odds of -200 or longer are eligible. Cashed-out bets, early buy-out, counter betting, bets placed using Profit Boosts or Bonus Bets do not qualify for the promotion.

Fanatics Sportsbook Iowa promo

The Fanatics Iowa promo offers new Fanatics Sportsbook customers a unique chance to earn up to $100 in Bonus Bets every day for 10 consecutive days, totaling up to $1,000 in Bonus Bets. To qualify, customers must place a cash wager of $5 or more on any market with odds of -200 or longer. 

This opportunity begins with an initial qualifying wager placed within five days of establishing an active and verified account. Rewards are credited within 72 hours after each qualifying wager that settles. It’s important to note, however, that the reward amount is not included in any winnings, and the bonus bets expire after 7 days.

  • You must opt-in each day after your first wager and meet the Qualifying Wager requirements.
  • Rewards expire 7 days from issuance, are non-withdrawable, and the initial stake is not returned with winnings.
  • There are no wagering requirements on winnings from Bonus Bets, but Excluded Wagers include bets placed with Bonus Bets and cashed out bets.

Sportsbook promos explained

Sportsbook promos are designed to do two important things; attract new customers and retain existing ones. When a sportsbook operator goes live online in a new state, the primary promos available will be sign-up offers and welcome offers, which only new customers can opt into.

After going live, promos like recurring deposit match bonuses, odds boosts, and parlay boosts will run in an effort to retain their current customer base. With most sportsbook promos, any funds received will be in the form of bonus bets, which you must bet with to turn into withdrawable funds.

How to claim a sports betting bonus in Iowa

For those new to sports betting in Iowa, or if you’ve never claimed a bonus, it is a very straightforward process that can be done in just a few short steps. Let’s look at the steps involved in claiming a sportsbook bonus in Iowa.

  1. Choose your bonus: At the top of this page, you’ll find an option to “Get Bonus” which will take you directly to the Iowa Sportsbook’s landing page.
  2. Register or log in: If you don’t yet have an account with the sportsbook, fill in the basic information requested such as first and last name, date of birth, and more. If you do have an account, simply log in. As previously mentioned, most welcome or signup offers are for new users only.
  3. Read the terms and conditions: After navigating to the bonus and getting signed up or signed in, there will be some checkboxes to confirm you have read the terms and conditions of the promo. Once you have, it’s time to move on to the next screen.
  4. Deposit funds: With the terms and conditions in mind, deposit the minimum funds required using one of the payment methods available.
  5. Place your bet: According to the terms of most promos, you’ll have to place a bet to activate it. Again, with the terms and conditions in mind, find your bet, enter the amount you want to risk and place the bet.

Different types of Iowa sportsbook promos

With the number of online sportsbooks in Iowa fast approaching two dozen, there will continue to be a plethora of sports betting promos in IA to choose from. Whether you are a new customer of that sportsbook, or an existing one looking to cash in on a promo, let’s dive into some of the sports betting promos in IA that you can expect.

  • Sign-up bonuses: Often referred to as “welcome offers” or “welcome bonuses,” this is the most common type of sports betting promo. Only available to users who are signing up for a new account, the bonus can either be a flat amount, or more often a percentage based on the size of your first deposit.
  • Deposit match bonuses: As the name suggests, a deposit match bonus tied directly to the amount of your first deposit. This can be anywhere from a 1:1 match, to sometimes upwards of 200%. You will always receive these funds in the form of bonus bets, which as a reminder, are not actual funds and can not be withdrawn from your account. Once wagered with, however, any earnings turn into real cash.
  • Reload bonuses: These types of bonuses are similar to deposit match bonuses, but they are earmarked for existing customers when depositing more funds into their accounts. Just like the deposit match bonuses, customers will receive their bonus portion in the form of bonus bets.
  • Second chance bet: This is a promotion that a sportsbook in Iowa might run where they will refund your bet, if it loses, in the form of bonus bets. As a reminder, this is not real money and it can not be withdrawn from your wallet.
  • No deposit bonuses: Despite being seen less and less in the sports betting promo industry, no deposit bonuses are promos that are credited to your account when signing up for a new account, without the need for a deposit.
  • Boosted odds: Very popular at sites like DraftKings and FanDuel, sportsbooks will offer boosted odds in an effort to increase action. These boosted odds can be set for pre-selected games or pre-selected markets such as a “25% boost on all MLB bets today.” As you would expect, boosted odds simply give you as a bettor better (boosted) odds on a particular bet. As an example, instead of the listed odds of the Philadelphia Phillies -150 vs. the Miami Marlins, a 25% boost would give you the Fightin’ Phils at -113.
  • Parlay profit boosts: Parlay profit boosts operate similarly to odds boosts, except they give you a boost on your parlay odds. Just like with odds boosts, sportsbooks will offer these to entice action on parlays, which just happen to be the most profitable bet type for them (not you).
  • Loyalty programs: An Iowa sports betting promo type list would not be complete without mentioning the many loyalty programs throughout the space. Designed, of course, to keep customers loyal to them, these loyalty programs offer you points for every bet placed, and in return, you can redeem those points for experiences such as vacations, resort stays, and even sporting event tickets. It’s worth mentioning that in the Iowa sportsbook market, Caesars and BetMGM lead the way in terms of the best loyalty programs out there.

What are wagering requirements?

Simply put, a wagering requirement is the amount you need to bet in order to convert your bonus funds into money you can withdraw from your account. As an example, let’s say a bonus has a wagering requirement of 1x.

If you have $200 in your account and $75 of those funds are bonus bets, you’ll have to bet that $75 (either in total or in separate bets) and win to convert those earnings into real cash. If the wagering requirement is 2x, you’ll have to bet that amount ($150 in this example) at least twice over.

Pros and cons of using Iowa sportsbook promos

As with everything, there are pros and cons of using Iowa sportsbook promos that you should be aware of before accepting them. Let’s take a closer look at a few things to be aware of when selecting and using your Iowa sportsbook promo.

Pros

  • Free bonus bets: Even though you aren’t able to withdraw your bonus bets, you can still use them to continue to bet. If you are able to win the wagers placed with your bonus bet funds, those earnings will be redeemed in the form of cash if the wagering requirement is just 1x.
  • Better odds: When using boosted odds or parlay profit boosts, you will receive better odds than you otherwise would. Do note that both of these boosts typically have wagering maximums in terms of the amount you can risk.
  • Competitiveness: With 17 online sportsbooks and counting, the Iowa sportsbook promo scene has been very generous to bettors. With each sportsbook trying to attain customers over the competition, the welcome offers can be lucrative for those willing to look around. See the top of this page to get the best Iowa sportsbook promos.

Cons

  • Wagering requirements: While some promos require your funds to be bet through just once (1x), others can require you to bet with those funds many times over until the earnings become real cash.
  • The fine print: Though sportsbooks are required to list all of the terms and conditions front and center before a customer accepts the promo, there is a lot to consume. With any sportsbook promo in Iowa, make sure you are aware of what you’re signing up for, despite it potentially taking a while to read.

Expert tips when using Iowa sportsbook promos

With dozens upon dozens of Iowa sportsbook promos available to bettors in the Hawkeye State, those best positioned to take advantage of them can turn them into profitable endeavors. Let’s take a look at a few expert tips to consider when using Iowa sportsbook promos.

  • Shop around: Every online sportsbook operating in Iowa offers some sort of promo, and almost all of them offer a sign-up offer. Take advantage of “new customer” status and find the best welcome promos that Iowa has to offer, which can be found at the top of this page.
  • Take advantage of boosts: Whether they be standard odds boosts or parlay profit boosts, anytime a sportsbook is offering you better odds than the house, consider taking them. Oftentimes, Iowa sportsbooks will offer odds boosts.
  • Be aware of time periods: Almost all promos, but especially sign-up promo offers, are only available for a set amount of time after registering your new account. If you are going to take advantage of a promo that’s only available to new customers, make sure you do so in the time period listed as a requirement in the terms and conditions.
  • Use deposit match bonuses: If you are going to be depositing funds onto a sportsbook anyway, you may as well get some bonus bets out of it as well. As always, just make sure you are aware of the related terms and conditions around wagering requirements.

Latest betting bonuses in IA

Bet365 Bet $5 Get $150 in Bonus Bets
Claim
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
Caesars Second Chance Bet Up To $1000
Claim
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
DraftKings Bet $5 Get $200 in Bonus Bets
Claim
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
FanDuel Bet $5 Get $150 in Bonus Bets
Claim
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program
BetMGM Second Chance Bet Up To $1500
Claim
21+ and present in IA. Play responsibly. Gambling problem? Call 1-800-GAMBLER. Iowa Voluntary Self-Exclusion Program: www.irgc.iowa.gov/self-exclusion-program

FAQ

Can I get a betting promo on every sportsbook in Iowa?

Yes, all sportsbooks in Iowa offer some form of betting promo ranging from sign-up promos to loyalty programs. You can find the best Iowa sportsbook promos on this very page under the “Get Bonus” buttons.

Do I need to deposit to get an IA sportsbook promo?

No, not all IA sportsbook promos require deposits. Promos such as boosted odds, loyalty programs, and parlay profit boosts are examples of a deposit not being required. Of course, you must have existing funds in your account to take advantage of them.

What is the reason sportsbooks in Iowa give promos?

Sportsbooks in Iowa give promos to entice new users to join their sites and steer them clear of their competitors. Recurring promos are offered by sportsbooks to retain their current customer base.

Author Details

Johnny Covers

Johnny Covers

Johnny Covers is an author at IA Betting and a seasoned sports bettor with years of expertise in providing picks. His insights has been shared on many prominent platforms, including Sportsbook Review, OddsChecker, and Betting Pros.