BetMGM Iowa Bonus Code – ODDS100 | $1,000 Risk-Free Bet

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Use BetMGM IA Bonus Code ODDS100

Editorial Rating

5/5

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Key Features

BetMGM IA Bonus Code

BetMGM Iowa bonus code ODDS100 gives you access to a risk-free bet up to $1,000

BetMGM is one of our vetted sportsbook partners. If you sign up for BetMGM through one of our links, we may receive compensation. This allows us to keep this site free and doesn't affect our ratings or opinions in any way.

BetMGM is the sportsbook of entertainment giant MGM Resorts International and gambling company Entain. After starting in New Jersey in 2018, BetMGM joined the Iowa sports betting scene in 2021.

This guide goes over the BetMGM Iowa bonus code, how the sign up bonus works, and everything else you need to know to decide whether BetMGM is the right Iowa sportsbook for you. 

BetMGM Iowa Bonus Code & Intro Promo

The sign up bonus for BetMGM Iowa is a risk-free bet of up to $1,000. Place your first bet, and if it’s a losing one, you will get a refund in the form of free bets up to the amount of your wager.

Use BetMGM Iowa bonus code ODDS100 to receive the promo. You can sign up and sign up and access the $1,000 risk-free bet here.

Check out our guide to the BetMGM bonus code and sign up bonus to learn more or read on to see the most important details.

>> Ready to join BetMGM IA? Use bonus code ODDS100

How to Use the BetMGM IA Bonus Code for the Welcome Promo

To get the intro promo on BetMGM IA, you just need to follow these simple steps:

  1. Click on our special link and you’ll be redirected to the BetMGM Iowa registration page.
  2. Create an account by providing the necessary personal details, including your name, DOB, last four digits of your SSN, etc. Use BetMGM IA bonus code ODDS100 to access the offer. 
  3. Go to the cashier and deposit at least $10, as this is the minimum deposit amount for the welcome offer.
  4. Place a bet on any event. Remember that your first bet is the one that’s considered risk-free.
  5. If your first bet is a losing one, you’ll receive free bets:
    1. Bets of $49 or lower result in a single free bet coupon for the amount of your first bet.
    2. Bets of $50 or more result in 5 free bet coupons, each worth 20% of the original bet. For example, if you bet the full $1,000 on your first bet and lose, you will receive 5 free bets worth $200 each.
  6. The free bets will be credited to your account within 24 hours of your first bet being settled.
  7. Use your free bets within 7 days or they will be removed from your account.

Important Information About the BetMGM IA Intro Promo

  • Time to use it. You must use the free bets acquired from this promo within 7 days of receiving them.
  • Playthrough requirements. Free bets coming from this promotion have no rollover requirements. All you need to do is wager your free bet coupons once then you can withdraw any winnings.
  • Eligible markets. BetMGM doesn’t have any market restrictions tied to this offer. You can bet on any market from any event available at that particular moment.

>> Ready to join BetMGM IA? Sign up & access the $1,000 risk-free bet here

BetMGM Iowa Quick Review

BetMGM IA is currently tied as our highest-rated sportsbook in Iowa. You can see our picks for the best online sportsbooks in Iowa here.

They offer a competitive welcome bonus, a wide variety of sports and bet types (including same game parlays), generous promotions and odds boosts, a smooth user experience, and have great customer reviews.

There aren't any major downsides with BetMGM Iowa—they rank as “great” or “best” in every category we analyze.

Overall, if you are looking for a sportsbook in Iowa, you won’t be disappointed if you decide to go with BetMGM.

Ratings by category

Overall Rating

5/5

Odds Competitiveness

5/5

Intro Promo

4.5/5

Promos & Odds Boosts

5/5

Sports & Bets Offered

5/5

User Interface

5/5

Deposits & Withdrawals

5/5

Customer Reviews

5/5

Education & Resources

5/5

Pros & Cons

BetMGM IA Odds Competitiveness

One of the best things about BetMGM IA is how competitive their odds are. They regularly offer some of the best odds of all the sportsbooks we've analyzed for most sports.

You can expect to see the standard -110 odds on most spread and total bets as well as competitive moneyline odds. You can learn more about how to read betting odds here.

Still, it's always smart to use at least a few sportsbooks so you can shop around for the best odds. This doesn't take much time but is important to become a profitable sports bettor over time.

>> Ready to join BetMGM IA? Sign up & access the $1,000 risk-free bet here

BetMGM IA Odds Boosts, Promotions, & Rewards Program

At BetMGM IA, the $1,000 risk-free bet is only the beginning. Once you’ve used your welcome offer, you can start taking advantage of many other daily, weekly, and ongoing promotions. You can also take part in the operator’s loyalty program.

BetMGM IA Odds Boosts

Branded as Lion’s Boost, BetMGM’s odds boost promotions usually cover several events a day. They often involve games from one of the major American leagues. 

The enhanced odds give you the chance to win more money for the same amount of risk. 

Lion’s Boost can be found in the Events section.

BetMGM IA Promotions

BetMGM’s promotions catalog is full of exciting deals, both time-restricted and ongoing ones. You’ll also often see special promotions for blockbuster events like the Super Bowl or the NBA Finals. 

Here some info about BetMGM Iowa promos we’ve seen in the past:

  • Money Monday: Every Monday, you can receive a $10 free bet after wagering at least $50 in qualifying bets during the previous week.
  • The More the Merrier: Refer another person to BetMGM IA through a special referral link and get $50 for your efforts. You can do this with up to 20 different people, meaning you can get up to $1,000 in referral bonuses.
  • Turn a Tough Loss Into a Win: This special for the NBA Playoffs gives you up to $25 back if the team you bet on loses in overtime.
  • EPL One Game Parlay Insurance: If you miss your EPL One Game Parlay by one leg, you’ll be reimbursed up to $25.

BetMGM IA Rewards Program

BetMGM Rewards is the operator’s rewards program through which you can earn exclusive offers, valuable rewards, and membership benefits. You are automatically enrolled in the program once you register and start betting.

BetMGM Rewards is multi-tiered. It consists of five levels—Sapphire, Pearl, Gold, Platinum, and Noir. You progress through the tiers by betting. Every $100 wagered on straight bets and parlays gives you 20 and 50 reward points, respectively. 

You can earn even more when betting on longer odds. If you decide to bet online, you’ll also receive MGM Tier Credits that you can use in MGM Resorts nationwide.

Some of the benefits of BetMGM Rewards include birthday free bets, anniversary free bets, premium customer support, free or discounted room nights at MGM Resorts, and more.

>> Ready to join BetMGM IA? Sign up & access the $1,000 risk-free bet here

BetMGM Iowa Sports Offered

Sports Offered

Sports Not Offered

BetMGM covers all popular American sports and competitions, including football, basketball, baseball, ice hockey, and soccer, as well as a plethora of niche sports like Aussie rules, lacrosse, cycling, and more.

Iowa doesn’t have any representatives in one of the major leagues, but you can bet on in-state collegiate teams such as the University of Iowa Hawkeyes and the Iowa State Cyclones.

BetMGM Sportsbook Iowa Types of Bets

You will find all familiar types of sports bets on BetMGM IA, including but not limited to:

Unlike some states that have banned betting on in-state collegiate teams, Iowa doesn’t prohibit it. However, proposition betting is still not allowed on individual college players playing for or against an Iowa-based school.

Live betting

BetMGM Iowa features live betting on almost all events, including football, basketball, baseball, tennis, soccer, and more. You can use the cash-out option on certain live markets. In addition, these games will also have the Edit My Bet feature that allows you to change or replace your wager mid-game.

If you want to watch the game, but it isn’t running on your cable, check the Live section on the website to see if you can find a live stream. The streams are free as long as you’ve registered and completed a deposit.

Same game parlays

Same game parlays are bets that allow you to make a parlay by combining multiple markets from the same event. On BetMGM IA, this is called One Game Parlay, but it works the same as it does in other sportsbooks.

Not all games have this option, though—only those marked with an orange One Game Parlay box. With this feature, you can make plenty of interesting combinations. 

For instance, you can bet on LeBron James to grab over 7.5 rebounds, the Lakers to cover the spread of -6.5, and the game to have a total of over 210.5 points.

Signing Up for the BetMGM IA Sportsbook

You don’t have to be a resident of one of the states where BetMGM operates to sign up for the sportsbook, but you must be located in one of the states to place bets. The only other restriction is that you must be at least 21 years old.

To sign up for BetMGM, you’ll have to fill out some basic information including:

  • Email
  • Password
  • Name
  • Last 4 digits of Social Security number
  • Date of birth
  • Address
  • Phone number

After filling out this information, you may be asked to upload a government-issued ID (such as a driver’s license or passport) to verify your identity. 

The whole process is quick and easy and should only take a few minutes. You can get an idea of what the registration screen looks like in the following mobile app screenshots (click to expand):

BetMGM Iowa Sportsbook Deposit & Withdrawal Methods

BetMGM Iowa accepts a set of secure payment options that allow instant deposits and fee-less withdrawals. The minimum deposit limits are set at $10 and the minimum withdrawal is $20, which is a bit higher than some other books.

The withdrawal processing times take up to 5 business days, and you can only withdraw via a payment method you have used for your deposit.

BetMGM IA Deposit Methods

Payment method Minimum deposit Time

Visa/Mastercard debit card

$10

Instant

VIP Preferred

$10

Instant

PayNearMe

$10

Instant

Electronic transfer

$10

Instant

Online banking

$10

Instant

ApplePay

$10

Instant

BetMGM IA Withdrawal Methods

Method Min Withdrawal Withdrawal Time

Visa/Mastercard debit card

$20

3 – 5 business days

PayPal

$20

Within 24 hours

VIP Preferred

$20

3 – 7 business days

Online banking

$20

1 – 3 business days

Instant banking

$20

2 business days

Play+ PrepaidCard

$20

Within 6 hours

BetMGM Iowa Sportsbook User Experience

BetMGM has a pristine looking website and the same can be said for both its iOS and Android mobile app. 

Each state used to have its own BetMGM app, but they are now all unified into a single one (bar Nevada). This is very useful, as instead of downloading a separate app when you travel, you can simply use the state switcher function and select the state you’re currently in.

The mobile device you use the app on will have a built-in geolocation software, but you might need to install this software manually on your desktop so that the operator knows you’re located in one of the states where BetMGM is authorized.

BetMGM Mobile App Screenshots

The experience of using the BetMGM IA mobile app is generally good, though the app does have some noticeable flaws.

Distinctive fonts and color schemes make for a really attractive app, although space management could be a bit better, as you sometimes need to scroll a lot to find what you’re looking for. In addition, the promotional banners just take up too much room. 

Nevertheless, the top and bottom menus make it easy to jump from one part of the app to another. Loading times are relatively fast and the app is not prone to crashing in our experience.

BetMGM Website Screenshots

The BetMGM website leaves no corner unattended. The top menu contains a list of all sports and some popular competitions, as well as a shortcut to the Promotions section. Individual sports can also be accessed on the left-hand side menu, listed from A to Z. 

Near the top, you’ll also see some suggested bets, usually props and parlays for major U.S. leagues. A banner slideshow presents the information on all the main promotions and below it are some of the main events for the current day. The right side of the screen is occupied by the bet slip, a live stream window, and a parlay generator.  

The bottom of the homepage contains links to technical pages and a slider menu that lets you change the state.

Even though it looks a bit overwhelming at first, the BetMGM website is fairly intuitive and easy to navigate. More importantly, it works relatively quickly, saving you time on infuriating loading screens.

BetMGM Iowa Background

Iowa launched sports betting in August 2019, becoming the 11th state to do so. Caesars was the first to enter the untapped market, soon followed by other giants like PointsBet, DraftKings, and FanDuel. BetMGM launched in Iowa on January 4, 2021, together with BetRivers.

BetMGM partnered with Diamond Jo Casino, a well-known establishment in Dubuque. Regardless of this partnership, BetMGM currently does not operate a retail sportsbook on-site or anywhere across the state.

BetMGM Iowa Customer Support

If you need assistance when using the BetMGM IA website or app, you should browse the help pages in the Help & Contact section. If that doesn’t work, you’ll be directed to a page where you can reach the operator’s support in the following ways:

  • Email (complete the form or send an email directly to [email protected])
  • Phone (1-319-519-1500)
  • 24/7 live chat

BetMGM IA Alternatives

As our highest-rated sportsbooks, there aren't many better options than BetMGM. There are a few other sportsbooks that may be a better fit for you depending on what you're looking for, however.

Here are some BetMGM Sportsbook alternatives to consider:

  • If you want a better intro promo: PointsBet (2 risk-free bets up to $2,000)
  • If you prefer a deposit match welcome bonus: DraftKings
  • If you want a better user interface: FanDuel
You can also check out our BetMGM comparison articles to see how it stacks up to some popular competitors:

Want to compare BetMGM Sportsbook with other options? Use our free sportsbook comparison tool.

BetMGM Iowa FAQs

Is BetMGM Iowa legal? 
Yes, BetMGM is legal in Iowa. It is licensed and regulated by the Iowa Racing and Gaming Commission.

How old do you have to be to bet with BetMGM Iowa?
Only those among you who are 21 or older can place bets with BetMGM Iowa. 

Does BetMGM Iowa offer a no deposit bonus?
BetMGM Iowa currently doesn’t offer any no deposit bonuses.

When did BetMGM Iowa go live?
BetMGM launched in Iowa on January 4, 2021.

Do you have to visit a physical sportsbook or casino to register for a BetMGM Iowa account?
No, you can complete the registration and activate your account online.

Can I bet on college teams in Iowa with BetMGM Iowa?
Yes, betting on local schools is allowed, with the exception of proposition betting on individual players.

Does BetMGM Iowa offer an online casino?
BetMGM does operate online casinos, but not in Iowa, as they are illegal in the state. 

How do I claim the BetMGM Iowa bonus?
All new customers are automatically eligible for the BetMGM Iowa bonus—no promo code is required. Simply register for an account and make your first deposit and bet of at least $10. If your first bet loses, you will receive free bets equal to the amount of your first bet up to $1,000.

Ready to join BetMGM Iowa? Access the intro promo here

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Dave Rathmanner

Dave Rathmanner is the Founder & CEO of Odds Assist. After struggling to find helpful sports betting resources and honest reviews when he first started betting, he decided to create the site he always wished he had. Dave has been betting on sports since NJ legalized it in 2018 and regularly analyzes sportsbooks to find the best options for bettors. Aside from creating new content for OA readers, Dave is also passionate about researching betting markets, creating models, and developing profitable betting strategies.