Iowa Fantasy Sports & Sportsbook Promo Codes October 2024

See below for details on how to claim your Iowa fantasy sports and/or sports betting bonus.

1) Is Sports Betting Legal in Iowa?

Iowa has made substantial progress on the sports betting front and the law was signed into action in May of 2019, first allowing just in-person retail betting. But as of 2021, Iowa now you allows you to wager on all the major sports online as long as you are within state lines. 

The Cyclones of Iowa State and the Hawkeyes of Iowa battle for state bragging rights in most of the major sports. Both are competitive and historically have great home crowd advantage so the appetite for betting was always there.

2) Is Iowa online sports betting also legal online?

Yes! The state of Iowa just requires you to register in person at a land-based partner of the sportsbook you are seeking to use. After that, you are free to bet from anywhere within state lines.

There are many online sportsbooks available to bettors who are in Iowa:

• DraftKings
• PointsBet Iowa
• William Hill
• Hard Rock
• Elite Sportsbook
• Q Sportsbook

3) What Promo Codes / Deposit Bonuses are available for me and How Can I Use Them?

BetMGM

Get Paid Back up to $1,000 if your first bet loses + One FREE Month of Stokastic+ Platinum

BetRivers

Get a 2nd Chance Bet up to $500

Caesars

Your First Bet is on Caesars up to $1,250 plus 1,000 Reward Credits and 1,000 Tier Credits.​

DraftKings

Bet $5 and Get $150 - Win or Lose!

FanDuel

Bet $5+ and Get $150 in Bonus Bets Guaranteed!

PointsBet

5X Second-Chance Bets up to $50 Each

4) What Sportsbooks and Online Sports Betting Apps are available in Iowa?

There are many online sportsbooks available to bettors who are in Iowa:

• DraftKings
• PointsBet Iowa
• William Hill
• Hard Rock
• Elite Sportsbook
• Q Sportsbook

5) Where Can I Bet on Sports in Person in Iowa?

Whether you are looking to register your online sportsbook account or you want to put some money down in person, it will be important to know the in-person betting establishments in Iowa.

Iowa has plenty of physical locations where you can wager on sports, many of which offer the same type of games as the sports betting app and without the hassle of needing an account. The problem, of course, is you need to be in the casino to wager and that may not be feasible depending on location.

Here is a list of facilities where you can place a bet on sports in person in Iowa:

• Ameristar III
• Prairie Meadows
• Catfish Bend
• Diamond Jo – Worth (FanDuel has a sportsbook here)
• Grand Falls
• Harrah’s Council Bluffs
• Horseshoe Council Bluffs
• Isle of Capri
• Isle Waterloo
• Rhythm City
• Riverside
• Lakeside

6) How Do I Make Deposits and Withdrawals for Online Sports Betting in IA?

With many terrific sportsbooks available to Iowa bettors, the state offers a variety of convenient ways to deposit money or withdraw winnings. The following are common methods to deposit or withdraw money for sports betting in Iowa:

• Debit/Credit Card
• ACH (Online Banking)
• PayPal
• Prepaid Sportsbook Cards
• PayNearMe
• Cash at the Cage
• Check

7) What are the Most Common Types of Sports Bets Can I Make in Iowa?

Straight bet

This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Boston Celtics -6.5 (-110), moneyline -320

at Cleveland Cavaliers +6.5 (-110), moneyline +260

O/U 206

The Celtics are favored by 6.5 points in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than seven points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.

Final Score: Celtics 102 Cavaliers 98. Cavaliers would cover even though the Celtics won the game because the +6.5 point spread is enough to cover a four-point defeat.

Moneyline Bet

The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

In the example above, the Celtics ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.

Over/Under

This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.

Parlay

A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

8) Where's a Good Place to Start Learning How to Online Sports Bet in IA?

Update coming shortly.

9) What are the Most Popular Sports Teams to Bet on in Iowa?

The state of Iowa has no professional sports teams, so they really get behind their two largest universities for sports: University of Iowa and Iowa State University. The University of Northern Iowa has also recently garnered more attention for their sports, especially with football.

Given the location of Iowa, popular professional sports teams in the state include teams from Chicago, St. Louis, Minnesota and Wisconsin, with hubs of dedicated fans differing depending on where in the state you are.

10) Is There Anything Else to Know About IA Sports Betting?

Now that you know Iowa sports betting is legal, online sports betting in the state requires in-person registration and you know where you can go to place bets, all that's left to do is get started! If you are looking for more information about sports betting overall, you can use the sports betting resources we provide here at Stokastic!

If you have an issue with betting or a gambling problem, please contact 1-800-GAMBLER to speak with someone right now and get help.

Iowa Sports Betting FAQs

1. Is Sports Betting Legal in Iowa?
2. How Can I bet in Iowa?
3. Will Iowa have Online Sports Betting?
4. How Do I Open an Account?
5. How Do I Deposit and Withdraw?
6. Do I have to be in Iowa to place a bet?
7. What Games Can I bet on?
8. What Companies Will be Offering Sports Betting?
9. What Kind of Taxes Do I have to Pay?
10. How Old Do I have to Be to Bet in Iowa?
11. What are the Betting Limits?
12. Where Do I go if I have a problem?

If you have an issue with betting or a gambling problem, please contact 1-800-GAMBLER to speak with someone right now and get help.

Read further for commonly and frequently asked questions regarding sports betting and fantasy sports in Iowa.