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Iowa sportsbook promos & bonus codes

This page offers an updated list of the best Iowa sportsbook promos and promo codes, 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 August 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 $150 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
6 Betfred
Betfred review
Second Chance Bet Up To $105
GET BONUS
(+3)
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 14, 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!

Sportsbook

Offer

Promo code

📱 bet365 IA

🎁 Bet $5 Get $150 in Bonus Bets

📋 No code required

📱 DraftKings IA

🎁 Bet $5 Get $200 in Bonus Bets & 1 Month of NFL+ Premium

📋 No code required

📱 Caesars IA

🎁 Second Chance Bet Up To $1000

📋 BETT1DYW

📱 BetRivers IA

🎁 Second Chance Bet Up To $100

📋 SPORTS

📱 FanDuel IA

🎁 Bet $5 Get $200 in Bonus Bets + 3 Week Trial of NFL Sunday Ticket

📋 No code required

📱 BetMGM IA

🎁 Second Chance Bet Up To $1500

📋 No code required

📱 Betfred IA

🎁 $105 Second Chance Bet

📋 No code required

 

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 allows new users to bet $5 and get $200 in bonus bets plus a one-month subscription to NFL+ Premium. To claim this offer, users need to deposit a minimum of $5 into their DraftKings Sportsbook account, then place a bet of $5 or more on any market within the promotional period. 

Immediately after the qualifying bet is made, users will receive $200 in bonus bets and a promo code for a one-month NFL+ Premium subscription via email, irrespective of the outcome of their bet.

  • Must be a first-time DraftKings Sportsbook customer, deposit $5+, and place a qualifying wager of $5+ to be eligible.
  • Bonus bets are valid for seven days, are non-refundable, non-transferable, and not included in any returns or winnings.
  • There are no wagering requirements for cashing out the promo winnings, but payouts from bonus wagers only include the profit, not the stake.

GET BONUS

FanDuel Iowa

FanDuel Sportsbook Iowa promo

The FanDuel Iowa promo offers a compelling welcome to new users: bet $5 and receive $200 in Bonus Bets, alongside a 3-week trial of NFL Sunday Ticket. To claim, simply sign up and deposit a minimum of $5 at FanDuel Sportsbook, then place your first cash wager of at least $5 on any sport. 

Regardless of the wager's outcome, you'll secure your $200 in Bonus Bets immediately upon bet placement. Additionally, you'll receive an exclusive promo link via email for the NFL Sunday Ticket trial on YouTube or YouTube TV, starting September 5, 2024. Remember, the offer is valid until September 22, 2024.

  • You must manually select Bonus Bets in your betslip to utilize them before using deposited funds.
  • Only winnings from Bonus Bets will be returned, not the stake itself.
  • There is a limit of one promotional bonus and one NFL Sunday Ticket subscription code per person.

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

Betfred Iowa

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.

GET BONUS

More Iowa sportsbook promos

Below are some more Iowa sportsbook promos:

ESPN BET Sportsbook Iowa promo

The ESPN BET Iowa promo is a lucrative opportunity for new players to dive into the betting world with a safety net. Upon placing a cash wager on any market or game available during the promotion period and if the bet settles as a loss, players can breathe easy knowing they will receive 100% of their wager back, up to $1,000 in Bonus Bets. 

To claim this offer, one doesn’t need to opt in; it automatically applies to the first cash wager made by a new player within the promotional timeframe. This is a great way for newcomers to explore ESPN BET without the fear of losing their initial stake.

  • Players must be new to ESPN BET and physically located in Iowa to participate.
  • The promo returns the loss as Bonus Bets, which must be used within 7 days and cannot be withdrawn as cash directly.
  • There are no additional wagering requirements for the Bonus Bets; winnings from these bets are withdrawable as cash, excluding the initial bonus bet amount.

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.

Bally Bet Sportsbook Iowa promo

The Bally Bet Iowa promo offers new patrons a chance to get $150 in Bonus Bet Tokens when they bet $50 on their first sports wager. To claim this offer, you need to register on Bally Bet, be over 21, not on any exclusion lists, verified as an account holder, located in Iowa, and a new patron. 

Your first wager of $50 or more on an event with minimum odds of -120 must settle within 14 days of registration. If your first sports wager meets these conditions, you'll get your $150 in Bonus Bet Tokens within 24 hours after your qualifying bet settles, win or lose.

  • Bonus Bet Tokens expire 7 days after being issued.
  • Cash out options are not available for wagers placed with Bonus Bet Tokens, and using the cash out feature voids participation in the promotion.
  • There are no additional wagering requirements for using Bonus Bet Tokens, but they cannot be withdrawn as cash.

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 is designed for new sports bettors who are specifically located in Iowa. To partake, individuals must download the Fanatics Sportsbook app, sign up by providing the necessary identification and complete email verification. Following this, a minimum deposit of $5 should be made, and a qualifying wager of $5 or more on any market with odds of -200 or higher must be placed within five days of activating the bonus. 

Bettors are subsequently eligible for a daily bonus bet of up to $200, matching their bet by 100%, and can continue wagering for five days to receive up to $1,000 in bonus bets. The bonus bets received are valid for seven days.

  • A minimum initial deposit of $5 is required to activate the promo.
  • Bonus bets have a 7-day validity and cannot be withdrawn as cash.
  • There are no wagering requirements for cashing out the promo winnings.

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, Iowa 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.

Iowa sportsbook promo codes explained

Iowa promotional codes, commonly known as promo codes, consist of words, phrases, or numerical sequences offered by sportsbooks to unlock specific promotional incentives. While Iowa sportsbooks typically distribute promo codes primarily for their welcome bonuses, there are instances where they also offer these codes to their current users. It's important to note that promo codes are not always mandatory when opting for a sportsbook bonus.

Sportsbooks in Iowa utilize promo codes for several important purposes. Primarily, they serve as a means for betting operators to monitor and record user participation in specific promotions. When a promo code is associated with a particular promotion, it typically indicates that the promotion is intended for single use. Furthermore, promo codes play a pivotal role in both enticing new players and ensuring the satisfaction of existing users.

Pros and cons of using Iowa sportsbook promo codes

As with everything, there are pros and cons of using Iowa sportsbook promo codes 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. You also have to be wary of some promos requiring Iowa sportsbook promo codes to be claimed.

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 $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
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
Betfred Second Chance Bet Up To $105
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 code on every sportsbook in Iowa?

Yes, all sportsbooks in Iowa offer some form of betting promo code 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.