Iowa Online Sports Betting: Sportsbooks, News and Regulations

Iowa was one of the first states to legalize sports betting back in May 2019 and three months after that the first online sportsbook went live in the state. The current Iowa online sports betting operators in the state are over a dozen and they each have their unique features and bonuses. At first, you needed to go to a physical location to complete the creation of your account, but now you do all of that online. Let’s check out sports betting in Iowa and where you can do it legally.

Latest Iowa Online Sports Betting News & Developments

Here, you can read more about the latest news about legal sports betting in Iowa and the most recent developments in the state.

iowa sports betting

Esports Betting Was Legalized in Iowa as of March 2022

At the beginning of March, the Iowa House of Representatives passed a bill that would add e-sports among a few other categories to betting in the state. The vote was passed with 71-28 votes. The bill was then passed to the State Government Committee and is awaiting confirmation by March 18th.

The basics of the bill include legalizing wagering on e-sports, player awards, NFL Draft, and charitable sports events including pro athletes. If you are using a mobile app, you will also be able to pay with an e-wallet for gaming on the casino floor.

Iowa still won't be able to wager on the NFL Draft next month even if the bill passes because it won't likely take effect until the beginning of July this summer.

Updated: March 8th, 2022

Source: PlayIA.com

Increased Sports Betting Revenue in Iowa Based on Last Year's Numbers

Since last February, the sports handle in Iowa has increased by 50.4% to a surprising $215.9 million. The revenue in the state has also increased in that timeframe by 11.7%. If we are looking at the individual numbers, we will see that FanDuel was ranked first with $1.5 million in combined online and physical revenue. DraftKings’ platform was a close second this year.

Retail bets have also increased with a total of $20.9 million in February this year, while last year the handle was 13.6% less.

Updated: March 14th, 2022

Source: iGamingBusiness.com

March Sports Handle Could be the Biggest Yet in Iowa

Last year the sports betting handle for March was the biggest yet when it comes to Iowa sports betting. Of course, before that, conditions in 2020 weren't ideal to compare those statistics, but 2021 blew everyone away with the generated numbers. We are expecting an even bigger handle to be reached in 2022 with March Madness underway.

Last March more than $161 million were wagered in sports in the state and this year that number can climb because of the increased number of sportsbooks available in Iowa. There are also more Iowa teams in the post-season tournaments in most leagues.

Updated: March 16th, 2022

Source: Radio Iowa

Iowa Sports Betting Sites and Apps Available in the State

There are over a dozen different Iowa sports betting apps or sites available in the state, but only some of them are among the best. Below, we have listed the best online operators in the state and what they offer new customers.

FanDuel Iowa Sports Betting at Diamond Jo or Online

The online launch for FanDuel in Iowa is September 2020, while the retail sportsbook at Diamond Jo launched in August 2019.

FanDuel surprises their Iowa customers with not only a unique March Madness welcome offer of $150 free bets, but you can also benefit from their standard welcome bonus of a risk-free wager up to $1,000. Their $1,000 welcome bonus is only if your first wager loses on the platform and it would be refunded in full up to a maximum of $1,000. If your first wager wins, you won't receive the welcome bonus. The instant $150 bonus for March Madness is guaranteed and you only have to place a minimum wager of $5 on any NCAA Moneyline wager.

sports betting in iowa

Of course, there are specific terms and conditions you will have to follow to ensure that you qualify for the offers, but other than that they are very popular. Also, FanDuel provides plenty of bonuses and promotions for existing customers at any given time. You have to visit the “Promotions” page to view the latest bonuses available.

They also have one of the best Iowa sports betting apps you can use available for both iOS and Android devices. It's user-friendly and free of charge. Also, you can use the available betting features, like live streaming, cash out, or the same game parlay on both the site and the mobile app.

SIGN UP NOW WITH FANDUEL >>

BetMGM Sports Betting in Iowa at Diamond Jo Worth and Online

iowa online sports betting

BetMGM's casino partner in Iowa is Diamond Jo Worth Casino and they launched their online sportsbook in January 2021. The retail sportsbook was launched back in August 2019. The bookmaker itself offers a risk-free bet of up to $1,000 for all new customers. The offer gives you the chance to receive one or multiple free bets if you lose your first wager on the platform based on your initial stake. If you bet more than $50, you are likely to receive multiple free bets, while if you wagered anything less than $50, you will only receive one free bet.

Existing customers can also benefit from many special offers with the BetMGM bonus code, including their M Life Rewards program. The $10 weekly free bet is an interesting offer that comes to mind and it's available to all existing customers that complete the requirements. With it, you can redeem rewards at MGM properties all around the USA.

SIGN UP NOW WITH BETMGM >>

Caesars Sportsbook at Five Physical Locations and Online

Caesars launched simultaneously their online and retail sportsbooks on August 15th, 2021. There are five different physical locations available, including Isle Bettendorf, Prairie Meadows, Isle Waterloo, Harrah's Council Bluffs, and Horseshoe Casino.

The welcome offer available for new customers was significantly increased recently to first bet insurance of up to $1,100. If your first bet loses, you will receive a refund of up to $1,100 in site credits. If you win your first bet the welcome bonus becomes unavailable. Also, there are some other restrictions and terms related to the welcome bonus, but you best check out the platform and see for yourself what the latest terms of the bonus are. In August 2021, Caesars Sportsbook acquired William Hill and officially replaced them around the states except for Nevada, including in Iowa. This means that all past William Hill locations are now Caesars Sportsbook.

Caesars Sportsbook is among the top Iowa sports betting sites that offer plenty of bonuses and promotions for existing customers, as well, and you can find all of them on the Iowa website. The bookie itself provides plenty of betting options both for pro and college teams, as the state's regulations allow. Also, some of the best regular promotions can be found on the website and the brand name is recognizable and trustworthy, which attracts more new customers.

SIGN UP NOW WITH CAESARS >

PointsBet at Catfish Bend or Online Sports Betting Iowa

PointsBet launched its online platform in November 2019, which was two months after it launched in its retail location at Catfish Bend Casino.

is sports betting legal in iowa

They offer new customers a total of $2,000 risk-free wagers on both the traditional sports betting platform and the points betting section. The traditional sportsbook bonus is only up to a $500 refund if your bet loses, while if you lose a bet in the points betting section, you can get a refund of up to $1,500.

The cool thing about PointsBet is that they decided that all new customers who placed $50 on each round of the NCAA men's basketball tournament (March Madness) will get $100 in free bets, which makes $20 for each round you successfully guessed. Not many bookmakers out there offer new customer bonuses related to March Madness or any other big event, but PointsBet is one of the few.

The platform itself is popular not only for the new way of wagering they created – points betting, which is essential, the more you are right, the more you win for each wager. For example, let's say you bet that the Bulldogs will win by five points over the Cyclones in an in-state NCAA Division I basketball game. If the Bulldogs win by four points, you will win more than if they were to win by one point. If the second option becomes a reality, you will essentially be winless. That is why points betting is all about how right you are when placing a wager.

Sign up to Pointsbet >>

DraftKings at Three Wild Rose Locations Plus Online

DraftKings went live online in February 2020, while the retail locations at Wild Rose Clinton, Wild Rose Jefferson, and Wild Rose Emmetsburg launched in October the previous year.

DraftKings provides its customers with a wide range of betting options, plenty of odds boosts, and promotions for existing customers. If you still don't have an account on their platform, you can create one for free and benefit from their matched bonus of up to $1,000. Plus, you will also get a free bet of $50. For this month only, if you sign up to their platform during March Madness and opt-in to the 40-1 odds boost offer for the NCAA tournament game, and then place a minimum wager of $5 on any of the remaining teams. If your wager is correct, you will get $200 in free bets.

Besides their numerous betting markets for most sports and leagues available on the Sportsbook, DraftKings is also famous for its betting pools section. It is the only known bookmaker in the USA that offers legal betting pools to their customer.

SIGN UP NOW WITH DRAFTKINGS >

Elite Sportsbook Online and at Three Locations in the State

Elite Sportsbook isn't as famous as others we mentioned, but they are located in three retail locations and online in Iowa since August 2019. The three casino partners of Elite Sportsbook are Grand Falls, Riverside Casino, and Rhythm City. The sportsbook itself is powered by the Bet.Works tech platform and it was one of the first to launch only breathing William Hill's dust by less than two weeks. The sportsbook isn't available in many other states, so Iowa is one of the few places, including Colorado, you can bet with them online. New customers get a 100% bonus up to $500 if their first wager on the platform loses. Read the full T&Cs on the website.

BetRivers Sportsbook Available Online Only

BetRivers launched in Iowa on January 4th, 2021, but they are only available via their online platform. There isn't a retail sportsbook available in the stat right now. BetRivers are owned by Rush Street Interactive and are a quite popular sportsbook in other states, including Indiana, Pennsylvania, New York, and Colorado. Their casino partner in Iowa is Wild Rose Casino. The same casino already has a partnership with DraftKings, so the BetRivers deal is for an online-only platform.

The welcome offer at BetRivers provides new customers with a welcome bonus of up to a $250 deposit match, which may not seem much, but the wagering requirements of the bonus are only x1, so this already makes it one of the most beneficial welcome bonuses in the country. They also offer a wide array of betting markets and plenty of promotions for existing customers. Their loyalty program is also one of the best in the country (iRush Rewards program) and with it, you can buy different bonuses and promotions on the online platform. The higher you are in the ten-ties rewards system the more perks you will get, including promos for any of the physical locations that BetRivers has around the US.

SIGN UP NOW WITH BETRIVERS >>

Unibet in the USA via Harrah's Council Bluffs

Unibet launched their sportsbook in Iowa in September 2021, but the deal was signed between the Kindred Group and Caesars Entertainment back in February 2020. The Unibet Sportsbook provides a $500 risk-free bet to all of their new customers. This offer is only available if you follow the terms and conditions of the bonus. Also, if your first bet wins, you won't receive the bonus offer, while if your first bet loses, you will get refunded up to $500 within 72 hours.

sign up to unibet >>

Fubo Sportsbook via Casino Queen Marquette

Fubo is a well-known sports streaming service in the USA, but they recently joined the sports betting community, as well. Right now, it is only live in Iowa via a casino partnership with Casino Queen Marquette, which is the casino's second online skin. We expect it to launch in other states, as well, sometime in 2022.

The Fubo Sportsbook has plans to eventually integrate their live streaming service and their sportsbook, which will bring sports betting options to FuboTV subscribers, as well, as bring high-quality live streaming to bettors. It will be an interesting partnership, and we can't wait to see what they bring us. New customers at Fubo Sportsbook can play either online or via the iOS mobile app they have and benefit from a risk-free offer of up to $1,000, which is similar to other popular brand offers.

Online Sports Betting Iowa at Other Sportsbooks

Other online sportsbooks in Iowa offer promotions for new customers and are popular in the state. Since all nineteen casinos in the state have an option to partner with three separate sportsbooks to provide three mobile skins, the potential of sportsbooks in the state is very high. Most of them were waiting for the physical registration rule to expire in 2021 to launch their online-only products. Other legal sportsbooks in Iowa are:

  • Betway via Wild Rose since October 2021
  • Circa Sportsbook via Diamond Jo since October 2021
  • DRF Sportsbook via Lakeside Casino since January 2022
  • Bally Bet via Elite Casino Resort – Grand Falls since June 2021
  • theScore Bet via Ameristar since February 2021
  • BetFred via Grand Falls since September 2020
  • Hard Rock Sportsbook via Hard Rock Sioux City since December 2019
  • Q Sportsbook via Q Casino since November 2019
  • Barstool Sportsbook via Ameristar Casino in Council Bluffs since 2021

One of the speculated sportsbooks that will be launching in Iowa shortly is Tipico Sportsbook. We also suspect that we will see FOX Bet, 888 Sport, Bet365, and TwinSpires in Iowa sometime in the future if they secure a license.

Some of these sportsbooks don't have a retail location, yet, including Bally Bet, Unibet, BetRivers, Fubo Sportsbook, Circa Sportsbook, and Betway. That is why all of these sportsbooks launched after the physical registration restriction ended in 2021. They have unique welcome offers available and some of them offer exclusive perks to their customers.

Iowa Sports Betting: How to Place a Bet Online?

Sports betting is the same in all states, you still have to create a new account and make a first deposit before you can place bets on any legal sportsbook anywhere in Iowa and the rest of the USA. You will have to create an account by following the registration steps we listed below:

  1. Click on the button to begin the registration process.
  2. Enter your username and e-mail in the form.
  3. Enter your name, date of birth, and other personal details that are required.
  4. Choose if you want to be notified of any future bonuses or promotions.
  5. Enter a specific sportsbook promo code if you have one to claim their welcome bonus.
  6. Verify that you are at least 21 years old and accept the conditions of the platform.
  7. Click on the final button to end the registration process and validate your e-mail.

Keep in mind that you will have to verify your account before you can use most of the sportsbook platform.

After this, you should make your first deposit on the platform by clicking on the “Deposit” button. Then, you should choose a payment method from the list available and enter how much you want to deposit into your account. After that, follow the rest of the instructions to complete your transaction. All deposits should be instant, so you won't have to wait long before you can place a bet.

The process of placing a bet isn't hard or long. When you find the wager you want to place for a specific sport or event, all you have to do is click on the odds to transfer them to your bet slip. Then if you want to add more selections, you can continue to browse the sportsbook until you find what you are looking for. Adding any additional selections happens the same way by clicking on the available odds. After you are satisfied, you need to enter stakes for each of the selections or a combined stake for all of the selections, whichever you want. Then, click on the “Place Bet” button to finalize the wager.

In the bet slip, you can also choose to use any free bet tokens or site credits you might have won from a promotion instead of your account balance.

Iowa Sports Teams for Professional and College Leagues

Betting on both pro and college sports in Iowa is allowed and legal. You can't wager on high school sports or entertainment-related events, like the Oscars. Here you can see which are the top teams in Iowa who deserve to be looked at when betting on college sports:

Drake Bulldogs

 

The Drake Bulldogs represent Drake University in Iowa and they compete in the NCAA Division I level. This year they will play in the College Basketball Invitational against Purdue Fort Wayne in the opening round. They are seeded at No. 1 out of sixteen teams. They ended third in the Missouri Valley with an overall score of 24-10 this 2021-2022 season.

Iowa Hawkeyes

Another NCAA Division I team that got seeded at No. 5 this year is the Hawkeyes’ college basketball team. They play for the University of Iowa. The team itself has many achievements, including making eight NIT Tournaments, 28 NCAA Tournaments, winning the Big Ten tournament three times, and winning eight Big Ten regular-season conference championships. They played in the championship game only once in history, but made the final four on three occasions, and got to the semi-finals on two occasions.

Iowa State Cyclones

The Cyclones play for Iowa State University and in the NCAA Division I men's basketball tournament. They have made the NCAA Tournament 21 times in history, but only managed to get to the final four once. Their last player to be drafted into the NBA was Tyrese Haliburton who plays for the Sacramento Kings since the 2020 Draft. They also have a women's basketball team, which competes in the Big 12 Conference of NCAA Division I.

BET ON MARCH MADNESS WITH betMGM >

Northern Iowa Panthers

University of Northern Iowa's athletic team is called the Northern Iowa Panthers. They compete in NCAA Division I in men's basketball in the Missouri Valley Conference. The basketball team has only gotten to the Sweet Sixteen at best in the NCAA tournament once in 2010 out of eight appearances in total. In football, the team competes in the NCAA Division I Football Championship Subdivision.

Simpson Storm

Simpson College is a private Methodist liberal arts college in Indianola, Iowa, and they have appeared in the NCAA tournament multiple times over the years. Their most recent achievements were earned by the women's basketball team, which made the tournament annually from 2005 to 2011. After 2011, they don't have even one NCAA college sports tournament appearance in any sport.

Popular Q&As for Iowa Sports Betting

Since when are sports betting legal in Iowa?

Both retail and online sports betting in Iowa launched in August 2019.

How do I verify my Iowa sportsbook account?

Before, you had to complete your registration in a physical location, but now you can do that online similar to what other states are doing. You need to upload specific documents listing your name, photo, address, payment method, and age to verify your identity.

How long does it take to complete the KYC process?

Once your documentation has been reviewed, you will receive confirmation of your validation within 48 hours of submitting the documents.

How old do I have to be to place a bet in Iowa?

The legal gambling and sports betting age in Iowa are 21 years old.

Do I have to be a resident in Iowa to place sports bets there?

No, you don't. The only requirements are that you are physically located in the state and have a legal account with a licensed sportsbook.

Did the online and retail launch of sports betting happen separately?

No, in Iowa both retail and online sports betting launched on the same day in August 2019.

Who regulates sports betting in Iowa?

The Iowa Racing and Gaming Commission is the regulatory body for all sports betting in the state.

Is sports betting legal in Iowa when it comes to college sports?

The NCAA sports you are permitted to bet on are basketball, football, wrestling, baseball, and hockey.

Are proposition bets allowed in Iowa?

Only some types of prop bets are allowed in Iowa. For example, all negative outcome propositions are banned, but positive ones are legal. All types of wagers that encourage a player to act against the best of the team are forbidden.