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What is the DraftKings Iowa promo?

The DraftKings Sportsbook Iowa promo is a bet $5+ and receive $150 in Bonus Bets offer for new customers. Example: To sign up and claim this promo, simply create a new DraftKings Sportsbook account if you don’t have one. Then, make a deposit of $5 or more into your Sportsbook account. Next, place a wager of $5+ on any sport or market of your choice. Your first placed bet of $5 or more will qualify you for the promotion, instantly rewarding you with $150 in bonus bets, irrespective of the outcome of your qualifying wager.

DraftKings IA bonus

Sign-up bonus: Bet $5 Get $150 in Bonus Bets
Promo code: No code required
Minimum deposit: $5
Last updated: July 2024

Sportsbook overview

Sportsbook: DraftKings
Legal in Iowa: Yes
Partner in Iowa: Wild Rose Casino
Payment methods:
(+5)

If you’ve watched sports on television in the past two years, you’ve surely seen DraftKings Sportsbook’s heavy advertising campaigns promoting their exceptional product.

As one of the first U.S. sportsbooks to market following the Supreme Court decision that struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, DraftKings Iowa launched in February 2020 and was an instant hit in the state.

Regulated by the Iowa Racing & Gaming Commission, DraftKings Sportsbook Iowa also operates three retail locations: Wild Rose Emmetsburg, Wild Rose Clinton, and Wild Rose Jefferson. Initially, sports betting legislation in Iowa required in-person registration at a retail sportsbook, a law that went away in January 2021.

With one of the most intuitive user interfaces in the industry, a terrific mobile app, and top-notch promotions, let’s take a closer look at everything you can expect when getting started at DraftKings Iowa.

DraftKings Sportsbook Iowa promo explained

The DraftKings Sportsbook Iowa promo allows new customers to get $150 in Bonus Bets by placing a $5 bet. To participate, deposit at least $5, and make a bet of $5 or more on any market during the promotional period from June 6, 2024, to August 18, 2024. The $150 bonus is instantly awarded as six $25 Bonus Bets regardless of the qualifying bet's outcome. 

Bonus Bets expire in seven days and are non-withdrawable, non-transferable, and cannot be redeemed for cash. The bonus amount is not included in any returns. Participants must be 21 or older and located in Iowa. This promo is for first-time DraftKings Sportsbook customers only.

How to claim the DraftKings Iowa promo

Screenshot of DraftKings Illinois homepage

Claiming the DraftKings Iowa promo is as simple as a few easy steps that won’t take longer than a few minutes, even if you’ve yet to register for an account. Let’s take a closer look at the steps involved.

  1. Activate the DraftKings Iowa promo by clicking the 'GET BONUS' button in this review.
  2. Sign up for a new DraftKings Sportsbook account if you are a new customer, or log in if you already have an account but have never made a deposit or bet.
  3. Deposit $5+ into your DraftKings Sportsbook account.
  4. Place a bet of $5+ on any eligible DraftKings Sportsbook market during the promotional period.
  5. Receive $150 in Bonus Bets instantly, regardless of the outcome of your qualifying wager.
  6. Bonus will be paid as six (6) $25 Bonus Bets.
  7. Use the Bonus Bets within seven (7) days; otherwise, they will expire.

Important terms for the DraftKings IA bonus

Before taking advantage of the DraftKings Sportsbook IA bonus, it's important to consider the specific terms and conditions associated with it:

  • Must bet $5+ on any market to qualify.
  • Bonus of $150 in Bonus Bets, paid as six $25 bets.
  • Bonus Bets expire after 7 days from issue.
  • Bonus Bet stakes not included in returns.
  • One qualifying bet per customer.
  • Must be 21+ and located in Iowa to participate.

Other common DraftKings Iowa promos

Screenshot of DraftKings Illinois Sport section
Now that you have all the information you need to know on DraftKings Iowa’s welcome offer, what about the other promos it offers? Check out some of the other most common Iowa sports betting promos DraftKings offers:

  • Deposit match: As the name would suggest, a deposit match is a credit from a sportsbook as a percentage of the amount you deposit. For example, if they are offering a 100% deposit match bonus up to $300, a deposit of $200 would receive $200 in bonus bets. To convert the bonus bets to cash, you will have to meet the “play-through” requirements, while of course winning the bets for which they are used.
  • Profit boosts: Typically offered on a specific sport like MLB or NHL, a profit boost can be anywhere from a 25% - 50% boost on your potential earnings. Typically, the terms and conditions will state a requirement of minimum odds of -500 or longer per leg on parlays, with a max bet of $10.
  • No sweat same-game parlay: Once opted in, this promo requires a same-game parlay of 3+ legs and returns any losses in the form of bonus bets, up to $5. This promo excludes traditional parlays and single-game straight bets.

Pros and cons of DraftKings Iowa

As one of the most popular sportsbooks in the United States, DraftKings Sportsbook has it all in terms of offerings and brand recognition. That doesn’t mean it’s perfect, so let’s take a look at the pros and cons of DraftKings Iowa.

Pros

  • Rewards program: Known as DraftKings Dynasty Rewards, DraftKings bettors earn tokens for every bet they place based on the amount, with one token earned for every $2 bet. As you move from tier to tier, you start to earn things like special promotions or invites to exclusive DraftKings events.
  • Payment methods: I have yet to find a sportsbook in Iowa that offers more payment and banking methods than DraftKings, with everything from Venmo to physical checks offered for deposit and withdrawal transactions.

Cons

  • Recurring bonuses: While their welcome offer is best in class, they limited recurring bonuses outside of their odds boosts. Overall, their volume of promotions trails some others in the industry.
  • No phone number: Though you can request a callback, DraftKings Sportsbook doesn’t offer a publicly available phone number for customer support.

DraftKings banking methods in IA

As a major player in the industry since its inception (outside Nevada), and even before that in the IA daily fantasy sports (DFS) industry, DraftKings has aced its banking methods in IA. Let’s take a look at a few of the most popular banking methods you can use to deposit and withdraw money.

  • PayPal: With a minimum deposit of just $5, PayPal is among the most popular payment methods on DraftKings, and one I personally use regularly. With no transaction fees and instant processing times, it’s hard to beat.
  • ACH bank transfer: Using your bank’s account and routing number, you can directly link it to your DraftKings account. The minimum for deposits and withdrawals for this method is $20.
  • Credit/debit cards: DraftKings IA currently accepts Mastercard and Visa, with a modest $5 minimum deposit.

Yes, it is fully legal to bet on DraftKings Sportsbook in Iowa, both online and at any of their three retail locations located at Wild Rose Resort and Casinos. DraftKings IA is regulated and licensed by the Iowa Racing & Gaming Commission and fully complies with all state and federal laws and regulations. All sportsbooks in Iowa have been legal since 2019.

The DraftKings betting app in Iowa

Available today for both Android and iOS devices, the DraftKings app is one of the best sports betting apps in Iowa. Unlike other sportsbooks, DraftKings has just one app for all the states it’s active in, so users don’t need to search for an Iowa-specific DraftKings.

For users new to the DraftKings Iowa mobile experience, they’ll instantly notice all of the bells and whistles of the desktop site, with the convenience of having them in the palm of their hands. Additionally, all of the DraftKings promos are still just a few taps away, as are all of your favorite sports leagues and various bet types.

Last, but certainly not least, DraftKings betting app users don’t lose any of the lighting-fast refresh times that they get on desktop, as the app consistently runs smoothly with no issues. Add in a Social Groups section where you can chat with your friends and see each other's bets and the DraftKings betting app in Iowa continues to be one of its best features.

How to download the DraftKings app on iOS

If you are one of the countless iPhone users in the Hawkeye State, downloading the DraftKings app on iOS is a breeze. Here are the simple steps required to get it in minutes.

  1. Search for the app: Pull up the Apple App Store on your iOS device and search for “DraftKings Sportsbook.”
  2. Download: Now that you’ve pulled up the app, click on “Install,” enter your login credentials, and the download will start automatically.
  3. Register for an account: If you don’t have an account yet, create one using the simple steps outlined above starting with the “Get Bonus” button.

How to download the DraftKings app on Android

Android users in Iowa also have a few short steps to take if they want to download the DraftKings app. Let’s take a look at the few quick steps required to get it.

  1. Search for the app: Pull up the Google Store on your Android device and search for “DraftKings Sportsbook.”
  2. Download: With the app pulled up, click “Install” and enter your Google login credentials.
  3. Register for an account: Starting with the “Get Bonus” button above, register for an account using the welcome offer to begin your DraftKings IA mobile betting experience.

DraftKings sportsbook’s retail locations in Iowa

Prior to January 2021, DraftKings IA required new customers to register in person at one of DraftKings' three retail locations in the state.

Despite being able to register fully online now, DraftKings Sportsbooks retail locations in Iowa are still great places to catch a game, whether you’ve bet there in person or online. Let’s take a closer look at each one.

DraftKings Sportsbook at Wild Rose Emmetsburg

The first DraftKings Sportsbook to open in October 2019, DraftKings Sportsbook at Wild Rose Emmetsburg isn’t huge but packs a lot in a small area. With plenty of seating and TVs to go around, it’s a great option for the next big Iowa Hawkeyes or Iowa State Cyclones game. 

DraftKings Sportsbook at Wild Rose Clinton

Coming in at 6,000 square feet, Clinton is DraftKings Sportsbook’s biggest retail location in Iowa. With a full restaurant and bar to go along with double-digit TVs, DraftKings Wild Rose Clinton is a go-to destination if you are in the area.

DraftKings Sportsbook at Wild Rose Jefferson

Located just off the casino floor, Wild Rose Jefferson is the smallest of the three but still features plenty of TVs for game viewing. There are also self-serve betting kiosks throughout the casino for the sportsbook.

Our expert opinion of DraftKings Iowa

Widely considered the gold standard when it comes to U.S. sportsbooks in many regards, DraftKings Iowa does not disappoint. Building off of its time in the DFS space, DraftKings has parlayed that success into sports betting to knock its sportsbook product out of the park.

As evidenced by the number of new customers who continue to flock to DraftKings, its ease of use is second to none and instantly stands out when first reaching its page. We also have come to enjoy their Stats Hub section, which gives bettors statistical information to use when making their bets.

While there are things that DraftKings could improve such as the volume of promo offers, their welcome offer is still strong, and the number of markets they offer is also best in class. In the end, from top to bottom, it’s hard to beat all of the offerings DraftKings Iowa has compared to other players in the space.

Our rating of DraftKings Sportsbook Iowa

(5)

Welcome bonus
(4)
Payment options
(5)
Sportsbook app
(5)
Variety & features
(5)
Customer support
(5)

IA Betting has given DraftKings Sportsbook Iowa an overall rating of 5 out of 5. This score has been based on these factors:

  • Welcome bonus: Rating 4/5.

    The DraftKings Iowa promo is highly appealing, offering new customers an instant $150 in bonus bets from a minimal $5 wager, making it an accessible and attractive offer for sports betting enthusiasts.

  • Payment options: Rating 5/5. Standard methods including credit/debit cards, E-wallets, and more are available for transacting funds on and off the site. For those close to one of the three Wild Rose retail locations, you can also transact via cash at the cage.
  • Sportsbook app: Rating 5/5. The DraftKings Sportsbook IA betting app is among the best in the industry and extremely easy to use. With load times that rival their desktop site, it’s hard to find any real flaws in the DraftKings mobile app.
  • Variety and features: Rating 5/5. You will be hard-pressed to find a regulated market that DraftKings Sportsbook does not offer on their site. With the popular same-game parlays featured prominently, there is no shortage of variety and features to choose from.
  • Customer support: Rating 5/5. While you likely won’t ever need it, the customer support team at DraftKings is best in class should you need to get in touch. With 24/7 support via email and live chat, you can get answers to your questions around the clock in Iowa.

FAQ

Is DraftKings Sportsbook in Iowa safe to bet on?

Yes, DraftKings Sportsbook in Iowa is fully licensed and regulated by the Iowa Racing & Gaming Commission.

Is DraftKings the best sportsbook in Iowa?

Yes, based on the variety of features and overall review, DraftKings is among the best sportsbooks in Iowa.

Does DraftKings Sportsbook in Iowa use geolocation software?

Yes, DraftKings Sportsbook in Iowa uses geolocation software to confirm you are located in the state before allowing you to place a bet.

Why does DraftKings offer a promo for Iowa players?

DraftKings offers a promo for Iowa players to entice them to sign up for an account, and they try to outdo their competitors.

Do I need a promo code to claim the DraftKings IA bonus?

No, you don’t need a promo code to claim the DraftKings IA bonus. Instead, select “Get Bonus” at the top of this page to claim it.

Bet $5 Get $150 in Bonus Bets
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