The best Iowa sportsbook promos are DraftKings' 'Bet $5, Get $200', Caesars Sportsbook's '$1,000 First-Bet Bonus', and BetMGM's '$1,500 First-Bet Bonus'. This is based upon key user-centric features like value for money, the promo's complexity, and the terms and conditions of the bonus bet.
Sporting Post is an independent comparison site for gambling platforms, helping readers find safe and legitimate options. We may earn a commission from some affiliate links, but this does not influence our rigorous and unbiased testing, ensuring honest recommendations and accurate information.
Best Iowa sportsbook promos compared 2024
Ranking | IA sportsbook | IA bonus offer | Promo code | Minimum wager | Sporting Post Rating |
|---|---|---|---|---|---|
1 | DraftKings | No code required | $5 | 5/5 | |
2 | Caesars Sportsbook | SPOST1000 | $10 | 5/5 | |
3 | BetMGM | No code required | $10 | 5/5 | |
4 | bet365 | No code required | $5 | 4/5 | |
5 | Fanatics | No code required | $5 | 4/5 | |
6 | FanDuel | No code required | $5 | 4/5 |
Iowa sports betting promos reviewed
In this guide, we'll explore some of the best sportsbook promos Iowa players can access, focusing on offers from DraftKings, Caesars Sportsbook, BetMGM, bet365, Fanatics Sportsbook, and FanDuel.
We review and test each sportsbook promo in Iowa, ensuring you get firsthand, expert betting advice.
1. DraftKings promo Iowa
The DraftKings Iowa promo offers top-tier bonuses for new players.
Claim your DraftKings offer today and boost your bets instantly.
As one of the industry's leading sportsbooks in the US, DraftKings offers users a variety of user-centric features like quick withdrawals, competitive bonuses, and an intuitive interface.
Here is what we found out about the DraftKings bonus and promo offer...
Welcome bonus 💰 | |
Minimum wager deposit 💵 | $5 wager |
Promo code 🎫 | No code required |
Wager terms 📄 | Cannot redeem bonus bets as cash. Bonus bets are received regardless of bet outcome. Bonus bets are awarded within 72 hours. Bonus bets are eight individual $25 bonus bets. Bet can be placed on any sports market. Offer valid until 18 August 2024. |
Bonus expiry date 📅 | 7 days after receiving your bonus bets |
Last verified ✅ | December 2024 |
Bet outcomes
Qualifying bet wins | Qualifying bet loses |
|---|---|
By placing a minimum bet of $5, winning bets will receive $200 in bonus bets within 72 hours of winning. You will also receive you winnings and be able to withdraw these in cash but not the bonus bets. | If you place a bet with this bonus and lose your bet, you will still be awarded $200 in bonus bets despite losing. You will, of course, lose your initial wager. |
Why choose the DraftKings bonus offer?
We believe this is a fantastic offer for bettors of all experiences. It is a low wagering requirement, partnered with a high reward in bonus bets, making it worth anyone's time and money. Newcomers can easily boost their DraftKings account balance by placing a low bet, so for us, it is a great offer, which is why we love DraftKings.
DraftKings promo pros and cons
- ✅ Low initial wager deposit of $5 required to qualify for the bonus bets
- ✅ DraftKings bonus bets are awarded despite the outcome of your bet
- ❌ DraftKings bonus bet rules state that the $200 worth of bonus bets cannot be redeemed or withdrawn as cash
- ❌ Compared to other bonus offers, the welcome offer is a little lower, despite a low initial wager requirement
Take a look over our comprehensive DraftKings review, where we discuss in-depth their best and worst features...
How to sign up to the bonus offer
Register yourself with the DraftKings app - this will require you to enter some personal information and confirm your identity.
Make an initial deposit of at least $5 into your DraftKings account, which is required of all new DraftKings customers.
Choose any sports market and wager your $5 to fulfil the bonus terms and conditions. Then wait to see the outcome of your bet!
2. Caesars Iowa promo
Unlock big rewards with the Caesars Iowa promo code for exclusive betting offers.
Use the code now and enhance your Iowa sportsbook experience.
Caesars Sportsbook is one of the most widely recognized sports betting apps and holds a firm commitment to user satisfaction with its fantastic sports selection, market diversity, and great live streaming service, helping you make the right bets.
After reviewing the Caesars Sportsbook bonus and promo offer, here is what we found...
Welcome bonus 💰 | |
Minimum wager deposit 💵 | $10 wager |
Promo code 🎫 | SPOST1000 |
Wager terms 📄 | You must redeem the promo code SPOST1000 during registration. Cannot redeem bonus bets as cash. Bonus bets are only received if the first bet loses. Caesars bonus bets cannot be split into smaller betting totals. Bonus bet amount will not be included in any winnings. First bets must be made within 30 days of opening your Caesars Sportsbook account. |
Bonus expiry date 📅 | 14 days after receiving your bonus bets |
Last verified ✅ | December 2024 |
Bet outcomes
Qualifying bet wins | Qualifying bet loses |
|---|---|
After redeeming the Caesars promo code SPOST1000 and wagering your first bet with a minimum of $10, winning bets do not receive the $1,000 worth of bonus bets because it is only if you lose your first bet. You will be able to keep any winnings you make, plus your stake, if the first bet wins. | If your first bet loses then you will receive up to $1,000 worth of bonus bets, as per the promo code terms and conditions. Only losing bets will receive the bonus bets. |
Why choose the Caesars Sportsbook bonus offer?
Compared to other sportsbook promos, we think this is one of the best. It gives customers a chance to double their chances and potentially win up to $1,000 in bonus bets to place on another bet and win big. Whilst Caesars require a larger minimum wager deposit than its competitors, this offer is definitely worth it in our view because of its potential to pay off even if you lose the first bet.
Caesars Sportsbook promo pros and cons
- ✅ Newcomers to Caesars will be guaranteed a second chance to win through their generous First-Bet Insurance bonus offer
- ✅ Only $10 minimum wager is needed to qualify for the bet, which if lost, means the customer is guaranteed up to $1,000 of bonus bets
- ❌ The customer will only receive the bonus bet offer if their first bet loses
- ❌ Caesars bonus bets rules state it cannot be split into smaller sums and must be placed all on one bet
Read up more with our detailed Caesars Sportsbook review and see how this platform can serve your sports betting needs...
How to sign up to the bonus offer
Sign up to the Caesars Sportsbook app or site and enter the promo code SPOST1000, as well as providing your personal information.
Deposit at least $10 and wager a minimum of $10 on your first bet - this can be on any sports market.
Wait for your bet to be settled but remember that only losing bets will receive up to $1,000 of bonus bets.
3. BetMGM Iowa promo
The BetMGM promo code Iowa gives players generous bonuses and free bets.
Sign up with the code today to make the most of your wagers.
BetMGM is a well-renowned sportsbook within the sports betting industry, offering their customers an exceptional mobile betting experience with the opportunity to personalize their features too.
Here is what we learned about the BetMGM bonus and promo offer from our research...
Welcome bonus 💰 | |
Minimum wager deposit 💵 | $10 wager |
Promo code 🎫 | No code needed |
Wager terms 📄 | Losing bets of $49 or less will receive one single bonus bet of equivalence. Losing bets of $50 up to $1,500 will receive five individual bets worth 20% each of the total sum. Bonus bets will be received within 24 hours of the losing bet. Bonus is not paid out with winnings. Bonus bet valid until 31 December 2024. |
Bonus expiry date 📅 | 7 days after receiving your bonus bets |
Last verified ✅ | December 2024 |
Bet outcomes
Qualifying bet wins | Qualifying bet loses |
|---|---|
If your first bet wins, you will not receive the $1,500 worth of bonus bets. Only first losing bets receive the bonus offer. You will be able to keep any winnings you make, plus your stake, if the first bet wins, however. | If your first bet loses then you will receive up to $1,500 worth of bonus bets, as per the promo code terms and conditions. Depending on the amount initially staked, you will receive either one or five bets - please refer to the table above for more information. Only losing bets will receive the bonus bets. |
Why choose the BetMGM bonus offer?
In our opinion, the BetMGM promo offer is great for customers, offering them a second chance to win if their first wager loses. We also like the five individual bets feature (subject to T&Cs), which allows bettors to spread their bonus bets over multiple bets and markets - something other sportsbooks do not offer. Anyone thinking of selecting the BetMGM bonus will not be disappointed, despite losing your first bet!
BetMGM promo pros and cons
- ✅ As bonus bets go, the BetMGM bonus is one of the highest on offer and rewards customers handsomely up to $1,500
- ✅ If you qualify for the five individual bonus bets (see table above), it gives you a chance to spread bets over different markets
- ❌ The customer will only receive the bonus bet offer if their first bet loses
- ❌ Upon receiving the bonus bet, customers will only have seven days to use their bonus bets before they expire
Read up more with our in-depth BetMGM review to see how this sportsbook can best serve your sports betting needs...
How to sign up to the bonus offer
Sign up to the BetMGM sportsbook app or site and enter your personal details to complete registration.
Deposit at least $10 to place a minimum wager of $10 on any sports market.
Wait for your bet to be settled and if your first bet loses, you will qualify for the bet bonus and receive up to $1,500.
4. bet365 Iowa promo
Maximize your sports betting with the bet365 bonus code Iowa for impressive sign-up offers.
Redeem your bonus now and start betting with extra funds.
bet365 is a name many sports bettors will be familiar with and is a great sportsbook for market selection, giving customers extensive coverage and multiple betting options.
We looked into the bet365 bonus and promo offer to see whether it can benefit new customers...
bet365 offers its customers two new signup promos: Bet $5, Get $200 and First Bet Safety Net promo. We will only be reviewing the first promo offer here but both are equally as valid.
Welcome bonus 💰 | |
Minimum wager deposit 💵 | $5 wager |
Promo code 🎫 | Promo code required |
Wager terms 📄 | Must deposit $10 into your newly created bet365 account. First bet must be a minimum wager of $5. Odds must be -500 or greater on the first bet. No market restriction. Must place the first bet within 30 days of opening the account. Bonus bets expire after 7 days of arrival. Bonus bets can be spread across different markets and bets. Bet bonus offer valid until 30 September 2024. |
Bonus expiry date 📅 | 7 days after receiving your bonus bets |
Last verified ✅ | December 2024 |
Bet outcomes
Qualifying bet wins | Qualifying bet loses |
|---|---|
After depositing at least $10 and wagering your first bet with at least $5 on any sports market of odds of -500 or greater, a winning bet will qualify for the offer and you will receive $200 in bonus bets. | If your first bet loses, you will still qualify for the offer and receive $200 in bonus bets, so long as you have kept to the terms and conditions of the promo offer. |
Why choose the bet365 bonus offer?
From reviewing the bet365 bonus, we were really impressed by the bonus' flexibility when it came to its terms and conditions. Once you have qualified for the bonus bets from such a low initial wager, you are able to split the $200 worth of bonus bets across multiple bets and varying markets. This is unlike other sportsbooks that keep tight gambling restrictions on their bonus bets. Therefore, we would highly recommend the bet365 promo to any new customers!
bet365 promo pros and cons
- ✅ The bet365 signup bonus guarantees players $200 bonus regardless of the outcome
- ✅ The initial deposit of $5 is half that of some other bonus and promo offers in the state
- ❌ Any bet credits are not included within your returns if you win
- ❌ Unlike other sportsbooks, the odds must be -500 or greater when placing this first qualifying bet
- ❌ bet365 bonus bets expiration date is only 7 days after winning your first bet, much shorter than other sports betting sites in the state
Learn more with our bet365 review which shares real user opinions and offers a balanced view on the sportsbook...
How to sign up to the bonus offer
Register with the bet365 sportsbook through their sign-up page - you can click 'PLAY NOW' below to get started!
Once signed up, use a bet365 promo code to access the offer and deposit at least $10 into your account balance.
Place your first bet, a minimum wager of $5 on odds -500 or greater. Understand sports betting odds and how to bet with our sports betting guide.
Wait for your bet to settle and you will receive $200 worth of bonus bets into your betting account.
5. Fanatics Sportsbook promo Iowa
Fanatics Iowa promos offer unique bonuses and perks for sports enthusiasts.
Don’t miss out—get your Fanatics promo today and enjoy exclusive deals.
Fanatics Sportsbook promo stands out with its impressive offer to players, making it a top choice for new bettors.
The available offers are customized depending on the state you’re in, and after taking a closer look, here’s what we discovered about their latest promotions...
Welcome bonus 💰 | |
Minimum wager deposit 💵 | $5 wager |
Promo code 🎫 | No code needed |
Wager terms 📄 | Receive up to $1,000 in No Sweat Bets over the first 10 days after sign-up. Each day, you’ll get a no-sweat bet token (up to $100 per day). Place a bet with minimum odds of -500, and if the bet loses, you’ll receive a refund in bonus bets for the amount wagered, up to $100 daily. Bonus bets cannot be withdrawn and must be used within 7 days. |
Bonus expiry date 📅 | 7 days after receiving your bonus bets |
Last verified ✅ | December 2024 |
Bet outcomes
Qualifying bet wins | Qualifying bet loses |
|---|---|
If your daily qualifying bet wins, you will not receive a refund, but you can continue placing bets with your remaining No Sweat Bet tokens over the next 10 days. | If your qualifying bet loses, you will receive a bonus bet refund up to $100 (depending on the amount wagered), as part of the No Sweat Bet offer for that day. You can continue placing additional no-sweat bets for the remainder of the 10-day promotion period. |
Why choose the Fanatics Sportsbook bonus offer?
We give high marks to Fanatics Sportsbook, and we believe their no-sweat bonus offer is a fantastic option for new bettors. While there are larger bonuses available elsewhere, Fanatics stands out with its low minimum deposit and the ability to earn daily bonus bet refunds if your bets don’t go as planned. This makes it a great choice for those looking to reduce their risk, and for these reasons, we strongly recommend this offer to our readers!
Fanatics Sportsbook promo pros and cons
- ✅ The promo gives you up to 10 days of no-sweat bets, allowing you to get multiple chances for bonus bet refunds if your bets lose, spreading out the risk
- ✅ With a minimum odds requirement of -500, this offer allows you to place safer bets while still qualifying for the promo, making it appealing for cautious bettors
- ❌ Bonus bets expire within 7 days, meaning you need to use them quickly, which could be limiting if you prefer to take your time with betting
- ❌ The bonus is only triggered if your bets lose, so if you win, you don’t get any added bonus, which might be less attractive to those hoping for a guaranteed reward
Learn more with our thorough Fanatics Sportsbook review and understand how this platform can best serve your betting needs...
How to sign up to the bonus offer
Sign up for the Fanatics Sportsbook app and complete your registration.
Deposit at least $5 and place a bet of $1 or more with minimum odds of -500.
If your bet loses, you’ll receive a bonus bet refund of up to $100 within 24 hours. Repeat this daily for up to 10 days to claim up to $1,000 in no-sweat bets.
6. FanDuel Iowa promo
The FanDuel Iowa bonus provides fantastic offers for both new and existing players.
Grab your bonus today and enhance your sports betting experience.
With a fantastic promo and bonus selection for customers, it is unsurprising that we are recommending the FanDuel bonus bet offer for you.
Users can receive tailored offers based on the state they are in. After researching their promo offer, here is what we found out...
Welcome bonus 💰 | |
Minimum wager deposit 💵 | $5 wager |
Promo code 🎫 | No code needed |
Wager terms 📄 | Your first bet must be a minimum of $5. You must download and bet through the FanDuel betting app. The first bet must win in order to qualify for the $200 bonus bet. The bonus bet will be deposited within 72 hours of the winning bet. The bonus bet can be split into multiple wagers and placed in multiple markets. |
Bonus expiry date 📅 | 7 days after receiving your bonus bets |
Last verified ✅ | December 2024 |
Bet outcomes
Qualifying bet wins | Qualifying bet loses |
|---|---|
If your first bet wins with a minimum wager of $5, then you will receive $200 bonus bets. | If your first bet loses, you will not qualify for the $200 bonus bet offer. You must win to qualify. |
Why choose the FanDuel bonus offer?
We rate the FanDuel betting app highly and think this bonus bet offer is great for newcomers of the sportsbook. Whilst it may not be the most generous of bonus bets, it demands one of the lowest initial wagers and rewards success through only receiving the bonus if your first bet wins. It is for these reasons that we highly endorse this bonus offer and sportsbook to our readers!
FanDuel promo pros and cons
- ✅ New customers must only wager a minimum of $5 on their first bet, one of the lowest initial wagers of sportsbooks in the state
- ✅ The bonus bets FanDuel offers can be divided into multiple bets and placed on multiple markets, unlike other sports betting sites
- ❌ Upon receiving the bonus bet, customers will only have seven days to use their bonus bets before they expire
- ❌ Bonus bets cannot be cashed out
Learn more with our expert FanDuel review to see how this sportsbook can best serve your sports betting needs...
How to sign up to the bonus offer
Sign up to the FanDuel betting app and enter your personal details.
Deposit at least $5 and place a minimum wager of $5 on any market.
Wait until your bet has settled and if you have won, you will receive the $200 bonus bet with 72 hours.
How we rate & rank Iowa sportsbook bonuses
Our team aims to provide you with unbiased, objective promo reviews, so you understand their strengths and weaknesses.
We always use a set of eight criteria to evaluate each promo offer, which means you can compare them easily and effectively:
Type of promo: We prioritize promotions that appeal broadly, enhancing user engagement with offers suited to different betting styles.
Promo value: We assess the value for money, ensuring bettors receive substantial rewards and maximum returns from participating in promotions.
Customer support: We test the effectiveness of customer support, focusing on resolving promo-related issues quickly and building user trust.
Promo expiry date: We evaluate the timeframe allowed for using promos, ensuring sports bettors have ample time to make the most of their bonuses.
Wager T&Cs: We review wagering terms and conditions to ensure they are fair and transparent, allowing bettors to fully enjoy their rewards.
Sportsbook experience: We assess the overall online sportsbook experience, ensuring users can easily navigate and claim promotions across both web and sports betting app platforms.
Minimum bet deposit: We verify the accessibility of promos by checking for low minimum bet deposits, making them available to more bettors.
Betting site security: We ensure top-tier security measures are in place, protecting bettors’ data and finances when engaging with promotions.
We download each US betting site and interact with the promo offers, using our own money to test the quality.
If we do not recommend the promo to our friends and family, we will not recommend it to you!
You can view all of our top sportsbook promo offer reviews here.
How do I choose a top Iowa sportsbook bonus?
Bonus amount and structure: The total bonus amount is a crucial factor, as it determines how much you can potentially earn. High-value offers like BetMGM’s $1,500 in bonus bets or Caesars' $1,000 first bet insurance give players bigger rewards, but the actual payout structure (like BetMGM’s five-installment payout) can impact how useful the bonus is for multiple wagers.
Minimum deposit requirements: Always check the minimum deposit required to claim the bonus, as this affects how much you need to invest upfront. For example, DraftKings only requires a $5 deposit to unlock $200 in bonus bets, making it a low-risk, accessible option for players with smaller bankrolls, while BetMGM requires a $10 minimum.
Odds requirements: Be aware of any odds restrictions on qualifying bets, as these can limit your betting choices. For instance, Fanatics’ promo requires odds of -500 or longer, meaning you can't bet on overwhelming favorites, while FanDuel’s promo has no such restrictions, giving you more flexibility.
Expiration dates: Each bonus has an expiration date, so it’s important to know how long you have to use the bonus funds. For instance, bet365’s $200 bonus bets expire after 30 days, providing more time to strategize, while FanDuel’s bonus bets must be used within 7 days, requiring quicker action.
Wagering requirements: Some promos have wagering or turnover requirements that determine how many times you must bet the bonus before withdrawing winnings. Most Iowa sportsbooks, like DraftKings and BetMGM, have a 1x turnover requirement, meaning you only need to bet the bonus once, but it's critical to check this for each promo to ensure the terms are manageable.
Refund structure: Look at how refunds or bonus payouts are structured, especially if the promotion involves a second-chance or no-sweat bet. For example, Fanatics offers up to $1,000 in daily refunds, making it useful over multiple days, while Caesars provides a single refund bonus of up to $1,000, making it a one-time deal.
Flexibility of bonus bets: Consider whether the bonus bets can be split or if they must be used as a single wager. DraftKings allows you to split the $200 bonus into eight $25 bets, providing flexibility, while other promos, like BetMGM’s, may not allow splitting.
All Iowa sports betting promotions
Here are all the various IA sportsbook welcome offers currently available to Iowa residents.
Iowa sportsbook | IA promo code | Welcome bonus offer |
|---|---|---|
Caesars Sportsbook Iowa | ||
BetMGM Iowa | No code required | |
DraftKings Iowa | No code required | |
bet365 Iowa | No code required | |
Fanatics Sportsbook Iowa | No code required | |
FanDuel Iowa | No code required | |
Betfred Iowa | No code required | |
Sporttrade Iowa | No code required | 10% Cash Back on Every Bet Your First Week, Up to $300 offer |
Why you can trust us
At Sporting Post, we prioritize accuracy, objectivity, and transparency in every piece of content we write.
Our expert team conducts thorough, real-world testing of betting platforms, ensuring reviews and insights are unbiased and reliable from a human perspective.
We adhere to strict ethical standards, maintaining editorial independence and avoiding conflicts of interest, while regularly updating our content to reflect the latest trends and developments.
Our mission is to empower bettors with trustworthy information, backed by rigorous research and a commitment to responsible gambling.
You can trust us to provide clear, concise, and honest advice, helping you make informed betting decisions.
How to gamble responsibly on betting platforms
Before we end this article, we need to caution you to always bet and play responsibly with Iowa sports betting sites.
To ensure you’re being cautious, these platforms implement various responsible gambling practices that will help you keep your betting habits in check and prevent unhealthy behaviors.
Limits: Legal online sportsbooks allow you to set betting limits, i.e. limit how much you can bet in a day, a week, or a month.
Cashouts: You can withdraw your winnings quite easily from any sports betting site. This prevents you from spending all of your winnings. There’s also the option for early cashout, so you can still get paid if the bet is starting to go sideways.
Help & resources: Online betting sites provide access to resources for problem gamblers and point them to organizations that can help with gambling addiction.
To help with sports betting, we created a 'how to bet on sports' guide, that helps new bettors understand the industry better, to play safer and more securely.
Responsible gambling organizations and charities in the US
Organization | Contact details |
|---|---|
Email: [email protected], Phone: 1-800-522-4700 | |
Email: [email protected], Phone: 020 7381 7722 | |
Email: [email protected], Phone: 1-888-532-3500 | |
Email: [email protected], Phone: (909) 931-9056 |
Frequently asked questions
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What are the most common types of sportsbook promos in Iowa?
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Editorial policy
Our editorial policy ensures extensively researched, accurate, and unbiased content through strict sourcing standards and diligent review by top online sports betting experts and seasoned editors.
This process maintains integrity, relevance, and value in all of our content for our readers.
References
To test sportsbook promo and bonus offers accurately, we dive into analytical research of the online sports betting industry, to understand what features are best for you.
Below are some of the references we use when making these decisions:
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