Top 10 Iowa Betting Promos
- Bet365 - Bet $1, Get $200
- PointsBet - 5 Second Chance Bets up to $500
- ClutchBet - Up to $1,000 in Matched Bets Over Your First 5 Weeks
- DraftKings Sportsbook - Bet $5, Get $150
- Caesars Sportsbook - Up to $1,250 on Caesars
- FanDuel Sportsbook - No Sweat First Bet of up to $1,000
- BetRivers - 2nd Chance Bet up to $100
- BetMGM - Up to $1,000 Back in Bonus Bets
- Betfred Sports - Bet $50, Get Up to $1,111 in Fred Bets
- Betway - 1st Bet Reset of up to $250
Iowa Sportsbook Promos
Since the state legalized online sports betting in 2019, over 20 Iowa sportsbooks have launched.
We've broken down the best sportsbook promotions for new customers in Iowa, so you can find your next betting site with a big bonus.
Take a look at our breakdowns below and see where you can get the most for your bets.
Best Iowa Sportsbook Promos
If you or someone you know has a gambling problem, CALL 1-800-BETS OFF, TEXT (855) 895-8398 or visit https://yourlifeiowa.org/gambling
Bet $1, Get $365
T&C Apply21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad
10x $100 Second Chance Bets
T&C Apply21+. New customers only. CO/IA/IL/IN/KS/MD/MI/ NJ/NY/OH/PA/VA/WV. Must make a qualifying deposit (min $10) and place first real-money wager bets (minimum $0.50). If the first 10 cash bets (first bet per day for 10 consecutive days) on a fixed odds market loses, you will receive Bonus Bet(s) in the amount of the losing wager(s), up to $100 each. Full T&C apply, see sign up page for more info.
100% Bet Match up to $200
Promo Code: CLUTCH200T&C Apply21+. New customers only. IA only. Must deposit and wager $10+ within 30 days to become eligible for the 100% Bet Match up to $200 in non-withdrawable bonus bets. Bet Matches will only be applied to the first qualifying wager. Wagers must be straight bets (no promotional markets) with odds of -200 or greater. Qualifying wagers must settle within seven (7) days of the bet placement. Full T&C apply, visit ClutchBet for more details.
Bet $5, Get $200
+ up to $150 in No Sweat BetsT&C Apply21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details.
Up to $1,000 First Bet on Caesars
T&C Apply21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. $10 minimum deposit required (min $10). Must place first real money (min. $10) wager within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as a single non-withdrawable bonus bet only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T&C apply, visit Caesars Sportsbook for more details.
Bet $5, Get $200
T&C Apply21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA /MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion Bonus will be credited to your account within 72 hours settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days. Bonus bets will be issued within 72 hours of bet placement. See full terms at sportsbook.fanduel.com.
2nd Chance Bet up to $100
T&C Apply21+. New IA customers only. Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bet Credit equal to your stake, up to a maximum of $100. Full T&C apply, see BetRivers for more details.
Up to $1,500 Back in Bonus Bets
T&C Apply21+. AZ/CO/IL/IN/IA//LA/KY/MD/MA /MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY or KS. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Full T&C can be found on BetMGM.
Bet $50, Get Up to $1,111 in Fred Bets
T&C Apply21+. New customers located in AZ/CO/IA/MD/OH/VA only. Bonus not available in PA. Minimum $50 deposit required. Eligible customers will receive $111 in Fred Bets, as three $37 Fred Bets, upon settlement of their first $50 cash bet AND 50% back on combined total net losses per week, up to $200 in Fred Bets per week, for five consecutive calendar weeks, beginning on the date of their first bet. Full T's & C's apply.
1st Bet Reset of up to $250
T&C Apply21+. New customers only. AZ/CO/IN/IA/NJ/PA/VA. Different offer available in OH. Must make a qualifying deposit of $10+. Must make qualifying cash wager at odds of -300 or greater. Qualifying Wager must settle within 7 days of opening a new Betway account. The amount of the settled losing bet will be credited back in the form of non-withdrawable bonus bets. Full T&C apply, visit Betway for more details.
Iowa Sportsbook Promo Codes
Sportsbook | Bonus Offer | Promo Code |
---|---|---|
Bet365 | Bet $1, Get $200 | Click to claim |
PointsBet | 5 Second Chance Bets up to $500 | Click to claim |
ClutchBet | Up to $1,000 in Matched Bets Over Your First 5 Weeks | SBOClutch |
DraftKings Sportsbook | Bet $5, Get $150 | Click to claim |
Caesars Sportsbook | Up to $1,250 on Caesars | SBOFULL |
FanDuel Sportsbook | No Sweat First Bet of up to $1,000 | Click to claim |
BetRivers | 2nd Chance Bet of up to $100 | SPORTS |
BetMGM | Up to $1,000 Back in Bonus Bets | Click to claim |
Betfred Sports | Bet $50, Get Up to $1,111 in Fred Bets | Click to claim |
Betway | 1st Bet Reset of up to $250 | SBOReset |

Bet365 Iowa Bonus
Bet365 has been growing in the US, and their Summer 2023 launch in Iowa came with a great offer. New users to Bet365 can get $200 in bonus bets after placing their first $1 wager with the betting site.
The process to claim this bonus is very straightforward.
First, sign up with Bet365 and proceed to make a deposit of at least $10. Once this is done, place a $1 bet on any desired market or event.
Regardless of the outcome of the initial bet - whether it results in a win, loss, or push - the user will receive $200 in bonus bets as soon as the bet settles.
The huge return on investment makes Bet365's bonus one of our favorite sports betting sign up offers in Iowa.
Bet365 Iowa Promo Key Facts
Total Bonus Amount | $200 |
Minimum Deposit | $10 |
Minimum Odds | -500 |
Turnover Requirement | 1x |
Expiration Time | 90 Days |

PointsBet Iowa Bonus
PointsBet has a unique sign up offer for new players in Iowa - one second chance bet worth up to $100 for each of the player's first five days with PointsBet.
This offer allows users to receive a reimbursement of up to $100 for each of their first 5 days on the sportsbook if their first real-money wager of the day results in a loss.
The reimbursement will be provided in the form of non-withdrawable bet credits. It's important to note that this offer is only applicable to the first real-money bet placed each day, so make your selections wisely.
The fact that you get a bonus offer for each of your first five days is a big win, despite some of the terms and conditions not being the most favorable.
PointsBet Iowa Promo Key Facts
Total Bonus Amount | $500 |
Minimum Deposit | $10 |
Minimum Odds | N/A |
Turnover Requirement | 1x |
Expiration Time | 7 Days |

ClutchBet Iowa Bonus
Promo Code: CLUTCH200
When joining ClutchBet, you'll be greeted with a generous welcome offer. As a new user, you can receive up to $1,000 in matched bets over the course of your first five weeks on the platform.
To take advantage of this offer, simply visit ClutchBet, create an account, and make a minimum deposit of $20. Once you've done that, you can start placing bets.
During each of your first five weeks on ClutchBet, your first bet will be considered as your qualifying wager and will be matched 100% up to $200.
This welcome offer is particularly great because it continues to reward users long after they have joined ClutchBet.
This is especially true for ClutchBet as one of Iowa's new sportsbooks, since uses can really take their time to get know how it works inside and out.
ClutchBet Iowa Promo Key Facts
Total Bonus Amount | $1,000 |
Minimum Deposit | $20 |
Minimum Odds | N/A |
Turnover Requirement | 1x |
Expiration Time | 14 Days |

DraftKings Sportsbook Iowa Bonus
+ up to $150 in No Sweat Bets
DraftKings Sportsbook is currently offering new players in the Hawkeye State a great bonus.
By signing up with DraftKings Sportsbook and placing your first wager of just $5 on any market, you can unlock $150 in bonus bets.
The bonus will be instantly credited to your account in the form of six $25 bonus bets, with no waiting period for your initial bet to even be settled.
This outstanding offer presents a fantastic opportunity to receive $150 in bonus bets with just a $5 risk (that you may end up winning from anyway), making it an outstanding welcome offer.
DraftKings Sportsbook Iowa Promo Key Facts
Total Bonus Amount | $150 |
Minimum Deposit | $5 |
Minimum Odds | -300 |
Turnover Requirement | 1x |
Expiration Time | 7 Days |

Caesars Sportsbook Iowa Bonus
The highest dollar value on this list belongs to Caesars Sportsbook because new Iowa bettors can unlock up to $1,250 back as a bonus bet if your first wager doesn't win.
Just sign up and deposit and wager a minimum of $10.
If that qualifying bet loses, it's on Caesar - meaning you will be refunded 100% up to $1,250 in the form of a single, non-withdrawable bonus bet.
In addition to the big dollar amount, the offer has the advantage of including 1000 Caesars Rewards and Caesars Tier points. These points can qualify you for benefits if you plan on staying at Caesars hotels or casinos, or reward you to play on the sportsbook or online casino (not available in Iowa).
Unfortunately, this offer only comes into play of you lose your first bet and even then it is only paid out as a single bonus bet with no flexibility. Still the high possible value and the Caesars reward points make it worth a go.
Caesars Sportsbook Iowa Promo Key Facts
Total Bonus Amount | $1,250 |
Minimum Deposit | $10 |
Minimum Odds | N/A |
Turnover Requirement | 1x |
Expiration Time | 30 Days |
FanDuel Sportsbook Iowa Promo

FanDuel Sportsbook Iowa Bonus
The most widely-used sportsbook in the country is offering new Iowa users a $1,000 No Sweat First Bet.
After you sign up with FanDuel Sportsbook, just deposit a minimum of $10 and make a real-money wager of at least $10.
If your qualifying wager is a winner, then you just get your money.
If you lose then you will be refunded in a bonus bet equal to your qualifying bet.
Of course, there's a good chance you already have a FanDuel Sportsbook account, but they're definitely worth checking out if not, especially with this offer.
FanDuel Sportsbook Iowa Promo Key Facts
Total Bonus Amount | $1,000 |
Minimum Deposit | $10 |
Minimum Odds | N/A |
Turnover Requirement | 1x |
Expiration Time | 14 Days |

BetRivers Iowa Bonus
As one of the best alternatives to the big-name sportsbooks, the BetRivers Iowa promo is a nice new player bonus.
Similar to several other promos here, your first bet on BetRivers is insured by the operator. With BetRivers' second chance bet, if your first wager loses you will be reimbursed 100% of your stake up to $100 in the form of a single bonus bet that cannot be withdrawn.
With an easy turnover requirement of 1x, this deal let's you try out a solid alternative to the major betting sites with your risk minimized.
We really like BetRivers as a solid, Kambi-run sportsbook, that is at least worth a look as a tool to compare odds.
BetRivers Iowa Promo Key Facts
Total Bonus Amount | $100 |
Minimum Deposit | $10 |
Minimum Odds | -200 |
Turnover Requirement | 1x |
Expiration Time | 30 Days |

BetMGM Iowa Bonus
BetMGM is offering new users in Iowa up to $1,000 in bonus bets if their first wager loses.
Similar to the offers presented by FanDuel, Caesars, and BetRivers, all you have to do is sign up and place your first wager with the sportsbook. If you lose, you will be refunded 100% up to $1,000 in non-withdrawable bonus bets.
If your qualifying wager was $50 or more, then your bonus will be paid out in 20% increments.
It may not be the most creative offer, but it's still a great chance to try out a top-notch sportsbook with some insurance.
BetMGM Iowa Promo Key Facts
Total Bonus Amount | $1,000 |
Minimum Deposit | $10 |
Minimum Odds | N/A |
Turnover Requirement | 1x |
Expiration Time | 7 Days |

Betfred Sports Iowa Bonus
Betfred may not be the biggest name in Iowa sports betting, but they're an operator worth more than their brand recognition, and offer a long-term bonus to boot.
With their Bet $50, Get $1,111 offer, users can get a bonus once a week for their first five weeks on Betfred.
Just wager $50 on any market, and you will get $111 in Fred Bets (their fancy term for Bonus Bets) credited to your account once that wager settles.
From their, your net losses every week will be refunded 50% in Fred Bets up $200 for the next five weeks.
Yes, it's a bit convoluted, but there's no denying this is a great deal that really allows the user to get to know a betting site a bit more, similar to ClutchBet's Iowa promo.
Betfred Sports Iowa Promo Key Facts
Total Bonus Amount | $1,111 |
Minimum Deposit | $50 |
Minimum Odds | -200 |
Turnover Requirement | 1x |
Expiration Time | 7 Days |

Betway Iowa Bonus
Betway welcomes new Iowa players with an attractive signup offer: a $250 first bet reset.
Here's how it works: After completing the registration process, deposit a minimum of $10 into your account. Next, place a bet on a wager with odds of at least -300.
If your bet is successful, congratulations! However, if you don't win, you'll be eligible for a refund of your stake in bonus bet funds, up to $250.
It's important to note that the bonus bet funds cannot be withdrawn, but they can be used to place bets on the Betway sportsbook.
What sets this offer apart from many competitors is the favorable terms and conditions. The minimum odds requirement is low and the refund comes in the form of bonus bet funds, rather than a single token. This provides greater flexibility, as you can divide your refunds to place multiple wagers.
Betway Iowa Promo Key Facts
Total Bonus Amount | $250 |
Minimum Deposit | $10 |
Minimum Odds | -300 |
Turnover Requirement | 1x |
Expiration Time | 7 Days |
Iowa Sports Betting Promos FAQ
Does Iowa have sports betting?
Yes. Iowa has had legal online sports betting since 2019.
What sportsbooks are legal in Iowa?
There are 21 sportsbooks available in Iowa, including Bet365, PointsBet, and DraftKings Sportsbook.
You can check out our full list of Iowa Sportsbooks for more information on which sportsbooks are available.
Do sportsbooks in Iowa have sports betting promos?
Yes. Just about every sportsbook in Iowa has a new user promo for players to take advantage of once they sign up.
What is the best Iowa sportsbook promo?
We think Bet365 has the best new user promo in Iowa. The fact that you get $200 in bonus bets for risking just $1 is an amazing return on investment.
Best Iowa Sports Betting Promos
Bet365 Iowa Promo
Bet $1, Get $200
- Total Bonus Amount: $200
- Minimum Deposit: $10
- Minimum Odds: -500
- Turnover Requirement: 1x
- Expiration Time: 90 days
PointsBet Iowa Promo
5 Second Chance Bets up to $500
- Total Bonus Amount: $500
- Minimum Deposit: $10
- Minimum Odds: N/A
- Turnover Requirement: 1x
- Expiration Time: 7 days
ClutchBet Iowa Promo
Up to $1,000 in Matched Bets Over Your First 5 Weeks
- Total Bonus Amount: $1,000
- Minimum Deposit: $20
- Minimum Odds: N/A
- Turnover Requirement: 1x
- Expiration Time: 14 days
DraftKings Sportsbook Iowa Promo
Bet $5, Get $150
- Total Bonus Amount: $150
- Minimum Deposit: $5
- Minimum Odds: -300
- Turnover Requirement: 1x
- Expiration Time: 7 days
Caesars Sportsbook Iowa Promo
Up to $1,250 on Caesars
- Total Bonus Amount: $1,250
- Minimum Deposit: $10
- Minimum Odds: N/A
- Turnover Requirement: 1x
- Expiration Time: 30 days
FanDuel Sportsbook Iowa Promo
No Sweat First Bet of up to $1,000
- Total Bonus Amount: $100 (+ up to $70)
- Minimum Deposit: $10
- Minimum Odds: N/A
- Turnover Requirement: 1x
- Expiration Time: 14 days
BetRivers Iowa Promo
Second Chance Bet up to $100
- Total Bonus Amount: $100
- Minimum Deposit: $10
- Minimum Odds: -200
- Turnover Requirement: 1x
- Expiration Time: 30 days
BetMGM Iowa Promo
Up to $1,000 Back in Bonus Bets
if Your First Bet Loses
- Total Bonus Amount: $1,000
- Minimum Deposit: $10
- Minimum Odds: N/A
- Turnover Requirement: 1x
- Expiration Time: 7 days
Betfred Sports Iowa Promo
Bet $50, Get Up to $1,111 in Fred Bets
- Total Bonus Amount: $1,111
- Minimum Deposit: $50
- Minimum Odds: -200
- Turnover Requirement: 1x
- Expiration Time: 7 days
Betway Iowa Promo
1st Bet Reset of up to $250
- Total Bonus Amount: $250
- Minimum Deposit: $10
- Minimum Odds: -300
- Turnover Requirement: 1x
- Expiration Time: 7 days
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