Live May 2026
DraftKings Iowa Promo Code
Bet $5, Get $200
Instantly on deposit
No promo code required; claim via the in-app welcome offer after signup.
Read Full Review →21+. Iowa only. Terms apply. Gambling problem? Call 1-800-BETS-OFF.
How to claim the DraftKings welcome offer
- Open the DraftKings signup form via any link on this page. Geolocation must verify you are inside Iowa.
- Enter your registration details; name, address, date of birth, last four digits of your SSN, email and phone. You must be 21 or older.
- Apply the promo code if prompted. No promo code required; claim via the in-app welcome offer after signup.
- Make a qualifying deposit of at least $5 using a debit card, online bank transfer, PayPal or Play+ prepaid card.
- Place your qualifying first wager as described in the offer terms (Instantly on deposit). Bonus bets typically credit within 24 hours of bet settlement.
Offer details
| Welcome bonus | Bet $5, Get $200 |
|---|---|
| Condition | Instantly on deposit |
| Promo note | No promo code required; claim via the in-app welcome offer after signup. |
| Minimum deposit | $5 |
| Withdrawal speed | 24-72 hrs |
| App rating | 4.9 ★ |
| Iowa launch | August 15, 2019 |
| Operator | DraftKings Inc. (NASDAQ: DKNG) |
| Editor rating | 4.9 / 5 |
Why this offer
DraftKings is the dominant operator in Iowa, holding the largest share of online handle since launch day. It pairs deep NFL and college markets with the most-downloaded sports betting app in the state and a steady cadence of odds boosts.
Things to check before you claim
- Wagering window; bonus bets typically expire 7 days after issue at most Iowa operators.
- Minimum odds; qualifying bets often need to be at -200 (1.50 decimal) or longer.
- State eligibility; you must be physically inside Iowa at the time of registration and at every wager.
- Single account rule; Iowa law allows one account per operator per bettor; multi-accounting can void winnings.
Other Iowa welcome offers
Compare this offer against every other Iowa sportsbook on our welcome bonus comparison page, or read our full DraftKings review for editorial verdict and feature breakdown.