Promotional codes

Best Iowa Online Sports Betting Bonuses and Promo Codes

2. FanDuel Iowa Welcome Offer

$1,000 No Sweat First Bet

No code required

FanDuel offers one of the best sports betting bonuses in Iowa with its high maximum cashback offer of $1,000. All you have to do is register, deposit at least $10 and place a qualifying bet. If this bet loses, FanDuel covers your stake up to $1,000.

While you don’t have to search for a FanDuel promo code, as with any promotional offer, there are accompanying stipulations that you’ll want to know how to navigate. Here are five such conditions:

  • Stake refunded deposited in account within 72 hours of the original losing bet.
  • FanDuel credits the account with an amount equal to the bet up to one maximum of $1,000if and only if the first bet loses.
  • You will have 14 days use your free bets. Any unused amount will expire after 14 days.
  • Site credit can be used on any sports betting market.
  • Site credit cannot be withdrawn. Winnings can be withdrawn after reinvesting site credit on subsequent bets.

The FanDuel sports betting mobile app is available for iOS and Android devices. Find out more with our FanDuel sports betting review.

Advantages and disadvantages of the FanDuel promotion

Ohat does a $1,000 No Sweat First Bet FanDuel means for you?

FanDuel offers a quintessential welcome bonus with the added incentive of a higher potential maximum payout. If you can afford to deposit a higher initial amount, you are eligible to receive, if your first bet loses, an increased refund.

How much can you win with an initial No Sweat bet of $1,000?

You can win up to $1,000 in free site credit if your qualifying bet loses. Keep in mind that you cannot withdraw credit from the site. Instead, you will have to reinvest all winnings in all call bets.

Another key consideration: the amount of money you wagered determines how much you get in site credit. On the bright side, FanDuel does not impose any odds requirements for this type of bonus and we like that you can bet freely on any matchup. Let’s say the +400 Bears game odds catch your eye, and if you go for the full amount of $1,000, you’ll get a payout of $5,000 if the bet wins.

Why is this bonus better than the others?

FanDuel sits at the top of our list of the best Iowa betting bonuses due to its $1,000 maximum payout proposition.