Iowa’s sports betting scene is buzzing with excitement as major names like Caesars, Bet365, and BetMGM are making a big splash to grab your interest. They’re dishing out some awesome welcome promotions to entice newcomers like you. It’s the perfect time to jump into the thrill of sports betting in Iowa.
Are you not sure about which Iowa sports betting bonus is right for you? We’ve carefully selected the top five offers to help you navigate through this thrilling sports betting world.
Newest betting promotion and bonuses in Iowa: use Rivers online bet offer code USBTRV to claim a $500 free bet welcome bonus on your first deposit. T&Cs apply.
Recommended Iowa betting apps (Android and iOS): Caesars Sportsbook app (best betting choice), or BetRivers Sports, or betMGM app.
Best online sportsbook in Iowa for 2023: BetRivers, BetMGM, and Caesars Sportsbook.
In Iowa, you can place sports wagers online and offline, but internet casino gambling is still illegal.
With Iowa online betting on sports legalized by the state for people aged 21 and over, there are lots of choices. There are fixed-odds and parimutuel markets available to you in the Hawkeye State. The only limit in Iowa betting is that you can’t do is gamble in online casinos as this hasn’t been regulated by the authorities. If you win while betting in Iowa, then be prepared to pay state and federal taxes on your profits. While there isn’t a major league team from popular American sports here, there are still great deals and offers for you.
Legal Sportsbooks in Iowa 2023
Here is the list of legal sportsbooks in the Hawkeye State:
- Caesars Sportsbook
- Circa Sports
- Hard Rock Sportsbook
- PointsBet IA
Iowa Betting Bonuses, Free Bets, and Best Sportsbook in 2023
|Sportsbook||Welcome Bonus||Promo Code|
|BetRivers IA||$100 Second Chance Bet||USBTRV|
|Bet365||Bet $5 bet Get $150 in bonus bets Or|
First Bet Safety Net up to $1,000
|BetMGM||bet insurance up to $1,500||USDOTBET|
|Betway||$250 Bonus||Claim Bonus|
|Caesars Sportsbook||Get up to $1,000 back on the first wager||Claim Bonus|
|DraftKings||Bet $5, Get $200 in Bonus||Claim Bonus|
|FanDuel||Bet $5, Get $200 for Iowa||Claim Bonus|
|Barstool Sportsbook||Up to $1,000 New Player Bonus||Claim Bonus|
In Iowa, the sports betting landscape is flourishing with reputable sportsbooks like Caesars, FanDuel, and BetMGM providing enticing new-user promotions to attract a new batch of bettors.
Wondering which Iowa sports betting bonuses might suit your tastes? Here, we dissect the top five Iowa sportsbook offers to aid you in making a well-informed choice.
BetMGM Iowa Welcome Offer:
New customers in Iowa, 21 years or older, can grab a special BetMGM bonus by using the bonus code USDOTBET during registration. After depositing a minimum of $10, place your first real-money sports wager on Iowa Hawkeyes or Iowa State Cyclones. If your initial bet doesn’t come through, BetMGM will grant you bonus bet credits up to $1,500, based on your wager amount, to be used on the BetMGM Sportsbook within seven days. Note that this offer isn’t redeemable for cash, and bonus bets can’t be divided into different betting configurations.
BetMGM Promo Pros and Cons:
This offer shines with a high $1,500 maximum match offer, and the bonus bets can be segmented into five equal parts. Remember, the bonus bets must be utilized within seven days; only winnings are returned from bets made with bonus bets, and no bonus is rewarded if you win.
Bet365 Iowa Bonus Bet Offer
Iowa residents can also take advantage of the bet365 sportsbook bonus by using the code USB365. With a mere $5 bet, users can receive $150 in bonus bets, provided they claim the offer within 30 days of account registration and deposit at least $10.
bet365 Pros and Cons
The sportsbook offers several promotional benefits like early payout promos, custom bet boosts, and a parlay profit boost of up to 70%, adding to the excitement and potential profitability of the betting experience. Although bet365 may not be as popular as other sportsbooks in Iowa, its competitive odds and promotions make it a strong contender in the market.
However, the stipulation of not using bonus bets on games with odds of -500 or greater might somewhat limit the choices for bettors. This restriction, along with the 30-day claim window, may pose as limitations. Nonetheless, the generous bonus offer coupled with an array of promotions makes bet365 an enticing option for Iowa bettors.
Betfred Iowa Welcome Bonus
In Iowa, Betfred is enticing new users with a chance to bag up to $1,111 in Fred Bets by betting just $50. The process is made simple; click on the provided link, fill in the required personal information during sign-up, deposit $50, and wager on an event with odds of -200 or less to qualify for this generous offer. The availability of the Betfred Sportsbook app on both iOS and Android platforms makes betting on-the-go a breeze.
Betfred Sportsbook Pros and Cons
Betfred distinguishes itself with competitive odds and a myriad of betting markets, appealing to a wide range of sports betting enthusiasts. Unlike the larger sportsbook operators, Betfred’s independent status allows for a unique set of promotions and bonuses, which could potentially offer more value to its users.
Pros of this offer include the substantial bonus amount which is enticing for new bettors. The mobile app ensures a smooth user experience, catering to the needs of modern bettors. However, the con lies in the odds restriction for the qualifying bet which might deter some users looking for more flexibility in betting options. Additionally, as a relatively newer name in the Iowa market, Betfred may face challenges in gaining trust and recognition among local bettors. Despite these cons, the enticing welcome bonus positions Betfred as a worthy contender in the burgeoning Iowa sports betting scene.
BetWay Bonus IA
In Iowa, Betway Sportsbook greets new users with up to $250 in bonus bets on their initial wager, sans a bonus code. Available to new users aged 21 or older in IA. By creating an account, depositing a minimum of $10, and placing a bet with odds of at least -350, bettors can earn a refund up to $250 as bonus bets if the wager loses.
BetWay Pros and Cons
Betway offers a comforting deal where you get some money back if your first bet doesn’t win, or some bet credits for a hefty first bet, giving you some wiggle room. Similar to BetMGM, one cool thing about joining Betway is that they keep giving you nice offers as you continue betting, plus you get to read tips from betting experts on their blog. On the flip side, the bonus bets you receive need to be used within a week, which might rush you a bit. Also, your first bet needs to have odds of -350 or lower, which might not give you a lot of options on what to bet.
Caesars Sportsbook IA Second Chance Bet Offer:
Caesars Iowa entices with up to a $1,000 first bet offer, activated only if your first bet results in a loss, which could be disappointing if you win. Click the link provided to activate the Caesars Sportsbook sign-up promo code CRZOFFERS, complete the registration, deposit at least $20, and place a $50 bet on any sporting event to qualify. The bet credit needs to be used within 14 days of activation.
Caesars Sportsbook Promo Highlights:
The appeal of this offer is its high bonus amount of up to $1,000 with a generous 30-day timeframe to place your initial wager. The downsides are that the bonus is awarded only on a losing first bet and must be expended entirely on a single bet.
BetRivers Iowa Sign Up Bonus
Sign-up bonus: $100 2nd Chance Bet with min. deposit $10. This offer is accessible to all new BetRivers players who use the code USBTRV. Existing account holders are not eligible. The bonus will be added to your account within 24 hours after the losing wager settles. You can then use the bonus to bet on a variety of sports. Only wagers at odds of -200 or longer will count towards the 1x wagering requirement.
BetRivers Welcome Offer Highlights
The simplicity and promptness of this offer make it appealing. While it’s not the highest value bonus, it’s straightforward and user-friendly, making it a solid choice for new bettors in Iowa.
FanDuel Iowa Bonus Bet Offer:
FanDuel’s current welcome offer in Iowa is tempting. Bet a mere $5, and reap a whopping $200, whether your initial wager wins or loses. This deal is particularly alluring for betting novices.
FanDuel Sportsbook Promo Highlights
The merits include a generous $200 in bonus bets with just a $5 wager, no restrictive market conditions – bet on any sport, and no promo code required for an easy claim. The drawbacks are that the bonus may take up to 72 hours to appear in your account and bonus bets are not withdrawable.
DraftKings IA Promo Code Offer:
No DraftKings Sportsbook promo code is needed to claim the “bet $5, get $200 + $150 in bonus bets” new customer welcome offer. DraftKings awards $200 in bonus bets regardless of your qualifying wager’s outcome in the form of eight $25 bonus bets.
The second part of the DraftKings welcome offer presents a bonus bet (max. $50) equal to the amount wagered on an NFL game if it doesn’t succeed. This can be availed three times (on Thursday, Sunday, and Monday) for a total of $150 in bonus bets.
DraftKings Sportsbook Bonus Pros and Cons
The advantages encompass a generous $200 in bonus bets with only a $5 wager like FanDuel, no restrictive market conditions – bet on any sport, and no promo code needed for an effortless claim. The downsides are that the bonus may take up to 72 hours to reach your account and bonus bets are not withdrawable.
Types of Welcome Bonuses in Iowa
There are some great Iowa betting sites and apps out there for welcome bonuses:
- Bet insurance, money-back, or risk-free bets give you the stake back if you pick a loser.
- Deposit match bonuses are a great way to get to know a new sportsbook.
- Price boosts increase what you could win and add value to your wagers.
- Loyalty bonuses reward you for making regular wagers.
- Bet-and-get promos need you to place a wager to receive the offer then.
Bet Insurance Welcome Offer
Much like in Pennsylvania, a risk-free bet in Iowa, also known as bet insurance or a second-chance bet, provides a safety net for bettors, softening the blow should their chosen bets not pan out. This promotion is triggered solely through a loss, making the idea of backing an underdog with a decent shot at an upset quite enticing.
For instance, consider placing a bet on the Iowa Hawkeyes, perceived as underdogs, at home against a strong opponent. It’s wise to seek additional rationale to support the Hawkeyes, beyond merely relying on the risk-free bet.
Could there be any key players from the opposing team dealing with fatigue or injuries? Are they facing a back-to-back game scenario? Once a set of sound reasons is gathered to back the Hawkeyes, go ahead with the wager. A win will bring in plentiful rewards from this bold bet, while a loss will trigger a refund from the sportsbook up to a predetermined amount. This scenario portrays a win-win situation.
This type of promotion not only shields bettors from potential losses but also instills a sense of adventurous betting, especially when local teams like the Iowa Hawkeyes or Iowa State Cyclones are in action. It’s a strategic allure that Iowa sportsbooks use to entice both seasoned and newbie bettors, fostering a more engaging and less risk-averse betting environment.
Deposit Match Bonuses
Deposit matches serve as a strong incentive in the toolbox of Iowa sportsbooks, instantly doubling a bettor’s initial deposit. For instance, if a new player from Iowa deposits $100 on a 100% deposit match offer, they receive an additional $100 in site credit, elevating their total balance to $200. This is showcased by a sportsbook offer where a bet placed on the Iowa Hawkeyes or Iowa State Cyclones can be matched, doubling your betting power.
It’s prudent to note, these offers come with attached stipulations, such as rollover requirements and potential odds restrictions. Therefore, meticulously reviewing the terms and conditions of each welcome offer is a wise practice.
No Deposit Bonuses
Though less common compared to deposit matches and risk-free bets, no deposit bonuses have their allure. Bettors appreciate instances when a sportsbook credits a certain amount to their account, eliminating the need for an initial deposit on their part. This gesture, sportsbooks hope, will encourage new bettors to engage over an extended period.
Such offers often emerge from budding sports betting platforms or during major betting events within the Iowa betting landscape. A scenario could be a sportsbook offering a no deposit bonus during a crucial Iowa Hawkeyes playoff game, luring new players to join the betting frenzy.
Sports Leagues and Events you can bet on in Iowa
There are no major league pro sports teams for wagering in Iowa, but there is thriving collegiate and university competition through the NCAA. Amateur wrestling is big in this state. There are minor league teams from Iowa for baseball, basketball, football, ice hockey, and soccer. Esports betting has not been allowed in the state, but its status is under discussion and could change soon. Here are some of the leagues and major sports events you can bet on in Iowa:
- Baseball: MLB
- Basketball: NBA, WNBA and NCAA
- Football: NFL, CFL, and NCAA
- Golf: The PGA Tour, LPGA Tour and international tours
- Hockey: NHL
- Tennis: ATP, WTA
- Soccer: MLS, English Premier League, Fifa World Cup, others)
- Racing: NASCAR, Formula One, and more.
- Horse Racing: American Triple Crown
- Mixed Martial Arts: UFC/MMA
Iowa Online Sports Betting FAQ
Yes, sports wagering in Iowa is perfectly legal. You can do this online via an internet betting site licensed to operate in the Hawkeye State or at land-based sportsbooks.
No, Iowa online casino is not allowed in the state.
If you want to do wagering in Iowa of any kind, you must be at least 21 years old. That is the legal betting age in the Hawkeye State except for one land-based casino, which lets players aged 18 and above in.
There are taxes to pay from any winnings generated by betting in Iowa, with the state withholding roughly 5% of these. This is in line with other US states. A much greater proportion of your gambling profits, 24%, is to pay federal taxes. Deductions are available on losses too.