Iowa sportsbook Promos – FEBRUARY 2026

Iowa Sportsbook Bonus

New Iowa customers can receive up to $1,500 in Bonus Bets with a First Bet Offer!

Bonus Bets expire in 7 days. One New Customer Offer only. Add’l terms.

Iowa Sportsbook Referral Bonus

With BetMGM Refer a Friend betting bonuses, you and your friend will receive a $100 referral bonus.

Log in to to your Iowa account to start earning cash!

BetMGM Second Chance

Keep an eye on BetMGM’s Second Chance promos to earn cash back for a bet that just misses.

Check your account for a Second Chance!

EPL Early Payout

When betting on EPL Match Result odds, you can receive an early payout if your team takes a 2-0 lead.

Check your Promotions for more info!

$10,000 in Bonus Bets

You can win a share of $10,000 in Bonus Bets with BetMGM’s Hat Trick Jackpot!

Log in to your account today to start playing.

Big Game Odds Flash

Your potential payout could be higher for Sunday’s game thanks to premium odds on spreads!

Log in to your account today to land better odds

Explore BetMGM Promos Across the U.S.

IOWA SPORTS BETTING PROMOS

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Bettors in Iowa can bet on thousands of events across dozens of sports each year, including odds for in-state teams:

Check out the best sportsbook promos for new and existing users, including BetMGM’s welcome offer.

Register now to take your sports entertainment to the next level!

IOWA SPORTS BETTING FAQS

Yes, sports betting is legal across the state of Iowa. It was one of the first Midwestern states in 2019 to legalize online betting.

Soon after PASPA (Professional and Amateur Sports Protection Act) was overturned by the Supreme Court in May 2018, Iowa legalized sports betting by August 2019.

Jump forward to Jan. 4, 2021, and BetMGM entered the Iowa sports betting market with the BetMGM online sports betting app in January 2021.

Betting on college sports is permitted but with some restrictions:

Iowa doesn’t permit player proposition wagers on the performance or nonperformance of any individual athlete participating in a single game or match of a collegiate sporting event in which a collegiate team based in Iowa is a participant.

You can bet on dozens of sports throughout the year, including:

There are two ways to place a bet in the state:

Mobile: You can bet on the BetMGM iOS app or BetMGM Google Play app.

Computer: The online sportsbook is available on your web browser.

Individuals must be 21 years old to place a legal sports bet in Iowa.

BETMGM IOWA PROMO BONUS CODE

Use the promo code “BETMGMBONUS” to get the welcome offer in Iowa.

How to Earn & Use Iowa Betting Promos

You could see many BetMGM promos throughout the year, including:

To check for sports betting promos, log in to your account and select Promotions. From there you can see all available promotions, view details, and review terms and conditions.

Types of BetMGM Promos in Iowa

Here are some of the most common promotions for BetMGM Iowa customers:

Odds Boost: A BetMGM Odds Boost can increase the potential payout for a wager.

For example, you may have a 50% College Football Odds Boost Token, which you’d like to use on an Iowa Hawkeyes moneyline (+100).
 
Instead of a potential payout of $60 (including stake) on a $30 wager, the potential payout with a 50% Odds Boost Token is $75 (including stake) thanks to an odds change from +100 to +150.

Parlay Boost: A BetMGM Parlay Boost can increase the potential payout for a parlay. 

For example, you may have a 25% College Basketball Parlay Boost, which you’d like to use on a three-leg parlay that includes moneylines for the Iowa Hawkeyes, Iowa State Cyclones, and Northern Iowa Panthers (+1000).

Instead of a potential payout of $220 (including stake) on a $20 wager, the potential payout with a 25% Parlay Boost Token is $270 (including stake) thanks to an odds change from +1000 to +1250.

Same Game Parlay Boost: A Same Game Parlay Boost (SGP Boost) is similar to a Parlay Boost but with one exception: each leg comes within the same game.

For example, you may have a 50% College Basketball SGP Boost Token, which you’d like to use on a two-leg SGP that includes two bets for a Iowa State-Drake game. It has odds of +1200.

Instead of a potential payout of $325 (including stake) on a $25 wager, the potential payout with the 50% Token is $475 (including stake) thanks to an odds change from +1200 to +1800.

Second Chance: You can have a second chance at winning your bet!

For example, Second Chance might be available on pro football games. You bet $50 on a player to score the game’s first touchdown. With +350 odds, the potential payout is $225 (including stake).

If that player is the First Touchdown Scorer, you win! If that player doesn’t score the first touchdown but scores the second touchdown, you get your money back. In this example, you’d receive $50 back in your account. 

To check which sports are available for BetMGM’s Second Chance promo, log in to your account and click the Promotions button.