DraftKings IA Promo Codes May, 2023 – DraftKings Iowa Bonuses Reviewed & Rated

DraftKings IA Key Highlights

  • Low minimum deposit of just $5
  • Generous welcome bonus open to all bettors
  • Features same game parlays, live streaming, and early cash out
  • Earn DraftKings Dynasty Rewards points for betting

In the following DraftKings IA review, we will introduce you to one of the most popular sports betting operations in the US. DraftKings (DK) has the reputation and industry clout, but can it live up to the lofty expectations? Read below to find out as we impartially rate DraftKings Iowa based on multiple factors. We will also tell you about the welcome bonus and whether you need a DraftKings Iowa promo code.

DraftKings IA Code & Bonuses (8/10)

Bonus Name Bonus Amount Bonus Code Bonus Terms Minimum deposit Expiry Date
New Customer $200 N/A 20% deposit match up to $1000 $5 31/05/2023

DraftKings IA Loyalty Program

DraftKings is one of the leading online gambling sites in Iowa and one feature that makes it particularly popular with bettors is its loyalty program. DraftKings’ Dynasty Rewards is a loyalty program that is available across the company’s products, sports betting, fantasy sports, and casino.

While it has a unique name, the program is a standard loyalty scheme like the ones you find at other sportsbooks. This is not a complaint, as using a familiar concept makes it easier for those visiting DraftKings sportsbook IA to know how the rewards leveling works.

Bettors receive 1 Crown per $1 for parlays and 1 Crown per $2 wagered on straight bets. DraftKings Iowa says bets with odds of -1,000 or under will not be eligible for Crowns. As you accumulate Crowns you can move up through levels from Bronze to Onyx, with increasing rewards available along the way.

How to Claim Your Bonus with the DraftKings Promo Code IA

Getting your hands on the welcome bonus at DraftKings is easy because it is open to all new customers. There is no DraftKings bonus code that IA players need to claim the offer. Instead, simply sign up and start betting by following the steps below.

  1. Follow any link on this DraftKings IA review to navigate to the site.
  2. Register by entering your personal details (name, email address, date of birth, address, etc).
  3. With no DraftKings promo code, IA players only need to register to be automatically included in the welcome package.
  4. Head to the banking section and deposit money by choosing your payment method. Funds should appear in your DraftKings Iowa account instantly.
  5. Deposit at least $5 and start betting to work towards the wagering requirement, which will help you claim the welcome bonus.

DraftKings Iowa Welcome Bonus Types Explained

DraftKings IA is currently only available as a sports betting operator because the state of Iowa has not legalized online casino or poker sites. When you register for the first time with DraftKings, the sportsbook provides the following welcome package.

DraftKings Sportsbook IA Bonus 1: New Customer Bonus

  • Bonus amount: Up to $1,000
  • Bonus code: N/A
  • Wagering requirement: 25x
  • Min deposit: $5
  • Bonus expiry: Within 30 days of your first deposit

Every new customer who registers with DraftKings Iowa receives a 20% match on their first deposit up to $1,000. As a welcome bonus, this is both good and bad.

Starting with the good, this offer is available to everyone. Most Iowa sports betting welcome bonuses focus on a no sweat bet if your first one loses. While these offers are great, they only reward some players (if your bet wins, you get nothing).

Now for the bad… the 20% match is very low, considering most deposit match bonuses are 100% of the money you pay in. That is a bit of a tradeoff, but at least the $5 minimum deposit is a low entry point that will cater to budget players. With a 25x wagering requirement, the bonus is accessible to most players.

DraftKings IA Welcome Bonus

DraftKings Sportsbook IA Bonus 2: Bet $5+, get $150 in Bonus Bets

  • Bonus amount: $150
  • Bonus code: N/A
  • Wagering requirement: N/A
  • Min deposit: $5
  • Bonus expiry: Within seven days of your first deposit

When you bet $5 at DraftKings Sportsbook IA, its operator will award you $150 in bonus bets. This excellent offer allows you to try out DK’s selection of markets and sports for wagering without risking your bankroll. Our review team was very impressed with the offer, and as it is a bonus bet, there is no wagering requirement.

You have seven days to spend these bet credits after you redeem this offer, and it requires a minimum bet of $5+. Unlike some of its competitors’ bonuses, which are ‘second-chance bets’ that only payout if your wager is unsuccessful, you will receive the $150 in bonus bets instantly.

The bonus is paid as six $25 bonus bets, and as such, you won’t receive the value of the bonus bets as withdrawable cash, only any profit you might receive.

DraftKings IA Bonus Bets

DraftKings IA Bonus Site Credits

Currently, there are no specific bonus credit offers on DraftKings’ sportsbook. We are constantly checking the site for the latest offers, so check back to this DraftKings IA review for our latest updates.

DraftKings IA No Deposit Bonus

There is a DraftKings IA no deposit bonus in the refer-a-friend bonus. More specifically, you will not need to deposit, but your friend will. If you recommend DraftKings Iowa to a friend and they register and deposit, you can claim up to $100 as a bonus bet.

DraftKings IA Promo Code & Bonus Terms and Conditions

With great bonuses come extensive terms and conditions, which restrict your ability to use your bonus funds. To ensure you’re informed before redeeming a bonus, see our guide to some of the most common terms and conditions below.

  • Promo Codes: Promo codes are unique combinations of letters and numbers that allow you to redeem a specific bonus. The DraftKings IA welcome bonus does not require a promo code.
  • Rollovers/Wagering Requirements: A wagering requirement is a condition that requires you to wager your bonus funds a certain number of times before you can withdraw them.
  • Minimum Deposit: Some sportsbooks in Iowa will require you to make a minimum deposit to redeem a bonus.
  • Eligible Games/Sports: Some Iowa sports betting sites restrict the sports and events on which a bonus bet or promotion can be used. For example, some bonus bets are only eligible for NFL games or events like the Peach Bowl.
  • Expiry Dates/Time Limits: With some bonuses, you’ll be required to spend a bonus in a certain timeframe. If you fail to do so, your bonus funds will be lost.

Mistakes to Avoid when Claiming a DraftKings Bonus

Opening an account at a top sports betting site in Iowa is exciting, and it is easy to become enchanted by a lucrative welcome bonus. However, it is important to know that betting bonuses are not created equal.

Not only do operators offer different incentives, but they also have different terms and conditions. Regarding DraftKings Iowa, you can use the following tips to help you choose the best promotions on the site.

  • Be aware of the wagering requirement
    Almost all online casino/sportsbook bonuses have a wagering requirement. Essentially, it serves as a playthrough commitment you must match to access winnings made with the bonus. DraftKings IA has a wagering requirement of 25x on the bonus amount. For example, if your bonus is $10, you must wager 25 x $10 = $250 before you can cash out related winnings.
  • Don’t run out of time
    A bonus usually has a time limit once you claim it. This may be 30 days from your first deposit or seven days from opening your account, or any other amount of time. Check the small print for the bonus and estimate whether you can meet the bonus requirements before the expiry date.
  • Always read the terms and conditions
    No two sports betting bonuses are the same, and there are rules for each that you must consider. It is important that you always read the terms and conditions of any bonus. There are common rules on T&Cs that will help you decide if a bonus is worth playing for. For example, the wagering requirement, payment restrictions, bet limits, and time limits.

DraftKings Iowa Registration Process (10/10)

DraftKings is one of the premier sports betting operators in the US. With its vast experience, the operator provides a smooth registration process, meaning you’ll be up and running in no time with minimal fuss.

1. Complete your registration

Begin your registration by following any link on this DraftKings IA review. You will be taken directly to the sportsbook, where you can select the “Log In” button. Now provide personal information, including your name, address, date of birth, and the last four digits of your social security number (SSN).

DraftKings IA Sign Up

2. Enter your promo code

There are no DraftKings promo codes IA players need to redeem its welcome bonus. However, that may change in the future, so it is worth bookmarking this page to be just a click or tap away from up-to-date information on DraftKings bonuses.

DraftKings promo code IA

3. Fund your account

With your DK account now open, head to the “Banking” section and choose your payment method. Add how much you want to deposit and confirm the transaction.

DraftKings IA Deposits

4. Place your bets

Once your deposit is confirmed, check out its markets, make a selection, and confirm your bet.

DraftKings IA Betslip

5. Withdraw your winnings

Hopefully, the bet you make will be a winner. If that happens and the payout is higher than the DraftKings withdrawal limit, you can cash out your winnings.

How DraftKings Iowa Compares to Other Sites

DraftKings is leading the way in Iowa. But how does it stack up against some of the other major operators in the Hawkeye State?

Feature DraftKings FanDuel BetMGM
Sports bonus Up to a $1,000 deposit match on your first deposit Up to $1,000 back if the first bet doesn’t win Up to $1,000 back if the first bet loses
Wagering 25x N/A N/A
Min. deposit $5 $10 $10

DraftKings IA Sportsbook Review (9/10)

  • Website: sportsbook.draftkings.com
  • Payout time: 24 hours
  • Established: 2012
  • Headquarters: Boston, USA

DraftKings sportsbook made its debut in Iowa on February 19, 2020. The Iowa Racing and Gaming Commission (IRGC) licenses and regulates the operator in the Hawkeye State, and Wild Rose Casinos is the land-based parent of DraftKings.

As an official sports betting partner of the NFL, NHL, NBA, and MLB, it offers excellent promotions for bettors interested in wagering on the major leagues. It also offers lots of deposit options, a great loyalty program, and integration with its daily fantasy sports (DFS) product.

Pros and Cons


  • Lots of deposit options
  • World-class betting markets
  • Very low minimum deposit
  • Dynasty Rewards Program
  • Integration with DFS play


  • No 24/7 live chat support
  • High minimum deposit for bonus

DraftKings IA Rankings by Category

  • Bonuses: 8/10
  • Design and Usability: 8.5/10
  • Desktop Experience: 8/10
  • Mobile Experience: 9/10
  • Registration Process: 10/10
  • Account Verification: 10/10
  • Payment Methods: 8/10
  • Sportsbook: 9/10
  • Customer Support: 7/10
  • Responsible Gambling: 10/10

DraftKings IA Sportsbook Rating (9/10)

DraftKings has become known as one of the best online sportsbooks in the US and it has been operating since 2018. It offers a wide range of sports and thousands of weekly betting options. If you are looking for variety and choice in your sports betting, DraftKings Iowa is a great option for you.

DraftKings delivers a high-quality all-around experience with broad coverage across sports. Odds on DK are competitive, and they can often be trendsetting on some US major sports leagues.

Sports Markets

You can bet on about 24 different sports at DraftKings Iowa, and sometimes more when special events like the Olympics happen. You can find all the major US sports (football, basketball, ice hockey, baseball) and popular international sports like soccer. You can also bet on smaller or less common sports like snooker, darts, and cycling.

  • Aussie rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Football
  • Golf
  • Handball
  • Hockey
  • Jai alai
  • Lacrosse
  • MMA
  • Motorsports
  • Rugby league
  • Rugby union
  • Snooker
  • Soccer
  • Tennis
  • Volleyball

DraftKings IA Sports Markets

Bet Types

That collection of sports is high-average amongst sportsbooks in Iowa. Where DraftKings stands out as one of the best is in terms of penetration into each market. All sports have a solid collection of bets that give customers plenty of flexibility when making wagers.

  • Moneyline: DraftKings IA has moneylines for all betting markets, allowing you to choose the outright winner with a simple bet.
  • Point Spread: DraftKings selects a point difference for how much a team wins or loses, and bettors can wager on the favorite or the underdog.
  • Total: Here, the sportsbook sets a points total for both teams or players combined, and you will need to choose if the score will be higher or lower than this number.
  • Player Prop: Do you want to wager on how many yards a player will rush or how many rebounds? The player prop is a great bet for you, and DraftKings Iowa has a bunch of these wagers across US major sports leagues, soccer, and more.
  • Team Prop: Just like the player prop, the team proposition bet allows you to wager on specific team results. Head to DraftKings to see team props on hundreds of betting markets daily.
  • Parlays: A very popular bet, a parlay is when you combine multiple betting markets onto a single slip with one odds value. You must win each leg (bet) to win the whole parlay, but the rewards can be huge. DraftKings has excellent parlay options, including same-game parlays.
  • Futures: Bet on an event that will happen in the future, such as upcoming NBA finals games or the winner of March Madness. Betting further out for an event will give you better value for the added risk.

DraftKings IA Betting Features

Betting Features

DraftKings is a top-notch sports betting platform and one of the leaders in the US sportsbook market. With its popularity and high quality, DraftKings sportsbook IA can deliver a full suite of betting features to give bettors a complete experience.

  • Cash out: You can cash out your bet early on many markets on DraftKings, and the sportsbook clearly marks these options to make it easy to find them. This lets you secure some of your stakes if you are winning and want to avoid risk or if you are losing and want to cut your losses.
  • Live Betting: You can bet on live events on DraftKings IA for all the popular sports. You can wager on major leagues like the NFL, NBA, and English Premier League, as well as smaller competitions. In-play options on the sportsbook are in-depth, too, with dozens or even hundreds of lines for the top sporting events.
  • Live Streaming: You can watch live sports on DraftKings while you bet. The selection of live games is not as extensive as on other sportsbooks – such as FanDuel – but DraftKings still covers many major leagues and sports. Considering bettors love this feature, it’s likely that DraftKings will continue to expand its schedule of live-streaming events.
  • Player-focused betting: If you enjoy betting on player props, DraftKings makes it simple with its player pages. These dedicated pages for individual players show all the available bets and stats. DraftKings has this feature for the NBA, NHL, and MLB.
  • DraftKings Social: Share your bets with friends and followers with DraftKings Social, DK’s sports social network. This service even lets you wager on your friend’s bets and track them together.

draftkings IA social

DraftKings Casino IA (N/A)

There is currently no DraftKings online casino IA residents/visitors can access. This is not the fault of DK but rather compliance with Iowa laws, as online casinos are currently illegal in the Hawkeye State.

It is worth noting that DraftKings does offer an online casino in other states. If Iowa relaxes its laws and creates legislation for online casinos, it is likely DraftKings will debut its iGaming section in the state.

However, there is currently no word on when this may happen as lawmakers in IA are adamant that online casinos will not be legalized anytime soon.

DraftKings Poker IA (N/A)

Currently online poker is not legal in Iowa, so DraftKings doesn’t offer poker play. Even in states with legal online poker, DraftKings has yet to offer a poker product, so we wouldn’t expect them to offer Iowa online poker play should it become legal.

DraftKings IA Payment Methods (8/10)

DraftKings Iowa has a good selection of deposit methods, providing customers with plenty of flexibility through debit cards, e-wallets, and traditional banking options. Sadly, the same cannot be said for withdrawals, as a very limited number of methods are available.

Payment Method Minimum Deposit Minimum Withdrawal Withdrawal Time
Online transfer $5 $1 Up to 5 days
Debit cards (Visa, Mastercard, AMEX, Discover) $5 $1
DraftKings gift card $5
PayPal $5 $1 1-3 days
Play+ Card $5
Casino cash cage $5
e-Check $5 $15 Up to 14 days

DraftKings Design and User Interface (8.5/10)

If you visit the DraftKings sportsbook for Iowa, you can access the site from mobile or desktop and across all major operating systems. However, if you choose to experience DraftKings IA, you will have a modern and fresh sportsbook that looks and performs great.

Desktop Experience (8/10)

The DraftKings desktop experience is admittedly slightly more old-fashioned than ultra-modern sportsbooks such as FanDuel or BetMGM. Let’s be clear, DraftKings still looks great and is slick, but it is not the best in class.

The professional design makes it really easy for users to navigate their way around the sportsbook. Black and grey colors make this an attractive-looking website, and functionality is standard for sports betting sites. So, you have the A-Z of sports on the left side of the screen, with default or chosen betting markets in the main central section. Your bet slip sits on the right and shows your wagers’ potential payouts.

DraftKings IA Desktop Experience

App & Mobile Experience (9/10)

DraftKings goes to another level on mobile, providing one of the best sports betting apps around. If you cannot install the dedicated app, the website works seamlessly on mobile thanks to the use of HTML5 technology. Still, the best way to experience the sportsbook on a smartphone is to install the DraftKings app.

Performance is a 10/10 with no lag and very fast menu transitions. An intuitive UI makes it easy to swipe and tap your way around the sportsbooks. You are only a couple of touches away from anything, including bonuses, payments, and bets. You also get mobile-specific perks using the DraftKings app, such as notifications and sometimes unique bonuses.

DraftKings IA Mobile Experience

DraftKings Iowa Account Verification (10/10)

You need to provide your SSN when you sign up to DraftKings, which will help verify your identity. But you must also complete a full verification before withdrawing your winnings for the first time. This is an easy process that requires you to send a copy of your valid ID (driver’s license, passport, state ID card) and proof of address (utility bill, bank statement, tax form).

DraftKings IA is quick and efficient in handling this process. The company says it can take up to 48 hours to check your documents, but it usually takes only a few hours. It may feel like extra admin but it’s a great security measure and means you and other customers stay safe when cashing out your winnings.

DraftKings IA Customer Support (7/10)

Problems can and do happen, even at leading brands like DraftKings. Knowing the operator is there to help is important. However, DraftKings Iowa is not living up to expectations in this area. The FAQ section is admittedly top-tier and will answer loads of questions about the general functionality of DK.

More direct contact is hit-and-miss. DraftKings says it has 24/7 live support, but that’s not really the case. Instead of opening a live chat and waiting in line to speak to an agent, DraftKings says it will “call you back” if no one is available. Of course, waiting a long time to speak in live chat isn’t great good either, but at least you know you will speak to someone. You can also email the sportsbook with any queries too.

DraftKings IA Responsible Gambling (10/10)

DraftKings sportsbook is committed to promoting responsible gambling among its customers. You can access various resources on the homepage (mobile and desktop) by following the “Responsible Gaming” tab. There you can set your own limits on how much you deposit, wager, and play per day, week, or month.

You can also find useful information on how to maintain healthy betting habits, how to manage your money wisely, and where to get professional help if you have a gambling problem.

DraftKings IA – Our Verdict (8/10)

Most sports bettors already know that DraftKings is one of the leading names in the online sportsbook industry. What we found out during this DraftKings IA review is that the operator is most worthy of its reputation.

Can DK improve in some areas? Of course, that is always possible, and it would be nice if DraftKings offered more customer support and were slightly more generous with its welcome bonus.

However, the overall quality of the DraftKings Iowa experience is not in doubt. Most of the quality rests on the outstanding sports betting operation. Thousands of betting markets await you, covering major and smaller sports, and most with competitive odds. And ultimately, sports betting is what it’s all about, so we recommend following any link on this page to register with DraftKings today.


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Sam is the Gambling Law Expert on Techopedia.com, and has been working in the sports and gambling industries for more than a decade across many North American and European sites such as Casino.org, SportBusiness.com and Coral bookmakers. An expert on US gambling regulations, Sam oversees content on the site.