Betway Sportsbook Iowa Review & Welcome Offer

Fact Checked by Peter Mooney

Iowa is one of eight states where you can place bets at the Betway sportsbook. This is a respected international brand that is winning many friends in the Hawkeye State; in this Betway review, we’ll look at all the markets, promos and features you can expect to find here.

Ends: 09/05/23. Must be a new verified Betway patron. 21+. Opt-in may be req’d. Make your first min. deposit of $10+, place a wager up to $250 (with odds of at least –300 (1.33)) and receive up to $250 as bonus bet funds if the wager loses. Wager must be settled within 7 days from new account opening. Qualifying wager restrictions apply. Any bonus bet funds earned must be used within 7 days of receipt. Bonus bet funds are not the same as cash, must be used in the Sportsbook, and are subject to restrictions. Promo subject to full T&C’s us.betway.com/sport/bonus-terms. Gambling problem? Call/text 1-800-GAMBLER.

Our Expert Reviewers' Key Takeaways

  • 🏈 Outstanding range of sports betting options and bonus bets
  • 📱 Excellent, well-designed user interface on website and app
  • ⭐ Brand with nearly 20 years of experience in markets worldwide
 Betway IA

At a Glance: Betway Sportsbook Iowa

💲 Betway Iowa Promo First Bet Reset
💰 Available OffersGet the stake of a losing first wager back in bonus bets up to $250
🔞 Who Can Claim the Promo? All new Betway Iowa customers
💰 Other OffersOdds boosts, Parlay Club bonuses, Big Pick game
🏈 Available SportsNFL, NBA, NHL, MLB, NCAA, soccer, golf, tennis, motorsports, and more
💳 Minimum Deposit$10
Payout Speed2 - 3 Days
📲 Device CompatibilityiChrome, Safari, iPhones, Androids
💰 Betway Sportsbook Iowa Launch DateOctober 2021
📜 Licensed By:Iowa Racing & Gaming Commission
Last Updated:7/13/2023

Betway Iowa Sportsbook Welcome Offer & Other Offers

The welcome bonus for new customers at Betway Iowa is the chance to play your initial stake again if your first bet is a loser. And this is just the start; with 19 books operating in the Iowa sports betting market, it’s essential to stand out. One way in which Betway achieves this is through the quality and frequency of its promo and bonus opportunities.  

$250 First Bet Reset Bonus

Your welcome bonus relates to the first wager you strike after opening a Betway account. You’ll need to make a minimum deposit of $10 to qualify, and your first bet must settle within seven days of opening an account. But if it loses, your stake will be refunded, up to a maximum of $250. You are then free to play with that money again on a new market – but be sure you understand the terms and conditions (see below). You should also understand that the payout for winning wagers does not include the stake.

Parlay Club/Bonus Bets

It’s always worth visiting the Promotions tab on the Betway website or app. Here is where you will find a host of chances to pick up a great bonus. It could be the opportunity to get a $10 bonus bet by staking $25 on same-game parlays; you might get a $10 bonus bet if your tennis pick loses in five sets at a big tournament. There are many ways to qualify for a bonus bet here.

Odds Boosts

To gauge the level of Betway’s commitment to the odds boost, check out the first item on the vertical menu. That’s where you’ll find the latest Betway boosts, a variety of outcomes for which the price has been enhanced. This could be a single outcome, a small parlay, or a match between two players. It would be ideal to see how much the odds have been boosted by, but there is no denying the frequency with which you can place a wager at an enhanced price.

Big Pick Game

This is a free-to-enter game where you could win $5,000 for picking the winning teams in a week of sporting action. Register at betwaybigpick.com and choose who will prevail in that week’s NFL, NBA, NHL, or MLB games. If you get all the picks right, you share $5,000 with all the others who made the same picks. If nobody else did, you get the $5,000.

How to Earn a Betway Iowa Promo Code

Unline other Iowa sportsbook promos, you should not need a promo code to qualify for your Betway sportsbook welcome bonus. It should be applied automatically to your account once you register as a customer. However, if you are issued with a Betway Iowa promo code, it is worth using it to make sure.

This is one of the best Iowa betting welcome offers available, and we suggest you use it on a relatively long-priced selection. You’ll get your stake back if it loses, and you’ll get a handsome payout if it wins.

Promotion Terms & Conditions

To be sure of getting the maximum benefit from your initial Betway bonus, make sure you understand the terms and conditions that apply. For instance, you have to make a minimum initial deposit of $10, and you must place your first bet within seven days of opening your account.

If you receive a refund for a losing first bet, it will match your initial stake up to a maximum of $250 and be in the form of bonus site credit. It can only be used as a single wager, and you have to place that bet within seven days or lose the credit.

Wagering Requirements

There are also some wagering requirements you have to meet to ensure you get the full value for your Betway bonus. For instance, the qualifying bet must be placed at odds of at least -300. It’s also worth remembering that, if you back a winner when you place your bonus bet, you won’t get the stake back as part of your payout.

However, as long as you abide by the bonus terms and wagering requirements, you should find this an enjoyable start to your time as a Betway customer.

Value of Betway Sportsbook Promo Codes

If you use a Betway promo code when you sign up for an account, you should be able to enjoy a stress-free first bet. The value of that bet will depend on how much you stake, and other sportsbooks are offering a bigger refund – some up to and over $1,000.

But there is more to using a bonus code than simply the financial value. This type of welcome bonus offers you the opportunity to explore a sportsbook to find the right first wager for you – and in the process, you’ll find out plenty about the great experience Betway offers.

 

Ends: 09/05/23. Must be a new verified Betway patron. 21+. Opt-in may be req’d. Make your first min. deposit of $10+, place a wager up to $250 (with odds of at least –300 (1.33)) and receive up to $250 as bonus bet funds if the wager loses. Wager must be settled within 7 days from new account opening. Qualifying wager restrictions apply. Any bonus bet funds earned must be used within 7 days of receipt. Bonus bet funds are not the same as cash, must be used in the Sportsbook, and are subject to restrictions. Promo subject to full T&C’s us.betway.com/sport/bonus-terms. Gambling problem? Call/text 1-800-GAMBLER.

Betway Sportsbook Iowa Betting Site Features

So what are the features that will help to convince you that you did the right thing in choosing to join Betway as a customer? This is an outstanding sportsbook delivered by an operator with extensive experience in European markets and a burgeoning reputation in the United States. Here are just some of the reasons why.

Selection of Sports and Bonuses

Variety is key to any great online sportsbook – and Betway Iowa delivers strongly on this score. The range of sports on which you can place bets is extremely broad, and you will find numerous options for wagering on any game.

As you would expect, the major North American sports are covered extensively. That includes college football and other sports – though you cannot place prop bets on individual college athletes in Iowa.

However, many other sports get in-depth treatment. Soccer fans and lovers of golf and tennis, for instance, will enjoy the wide range of betting options. These markets are complemented by the many opportunities available to pick up a bonus bet.

Live Betting Options

Significant numbers of modern online sports betting fans like to wager in play, and Betway caters expertly to that contemporary appetite.

The first link you arrive at on the website takes you to the live events that are currently underway. The second enables you to plan for games later in the day.

Betway’s live odds are updated extremely quickly and the margins on the in-play markets are in line with the industry average. You also have the opportunity here to cash out on your bet early to protect your position or lock in a win.

Betway Insider

Most online sports betting patrons arrive at a sportsbook with their own opinion of what is likely to happen in a game. But it can add an extra dimension of insight if you are offered the chance to read another view on the upcoming action.

The Betway Insider blog carries game and match previews and interesting stat-driven articles relating to major sporting events. You can search by sport or take a wider view of all the big games coming down the track.

Betway also offers extra detail when it comes to stats. Click on a game and you should get a rundown of head-to-head meetings and other useful insights.

Outstanding User Interface

None of the above features would count for very much if they were delivered on a sub-standard user interface. Happily for Iowa sportsbook apps fans, the Betway app and website benefit from the brand’s extensive experience in this respect.

The design of the homepage is superbly balanced between betting options, promos and the bet slip. What matters most is that navigating from page to page is instant, making finding the bet you want to place – and placing it – quick and simple.

This is an operator that manages to hit the twin targets of conveying a huge amount of information while giving the impression of a sleek, streamlined interface. It's a significant feature in its favor when it comes to competing for business in a market as congested as Iowa's.

Software at Betway Iowa

The name Betway has been part of the online sports betting landscape since 2006. In that time, the Betway Group has worked under license in a huge number of countries, and it is operated in the USA by Digital Gaming Corporation USA. Over the years, the company has developed its own proprietary software, which now powers its sports betting platform. As a result, there is an immense level of technological experience and know-how helping to ensure Betway offers a top-notch service.

  • ACH Transfer
  • MasterCard
  • VISA
  • PayNearMe
  • PayPal
  • Play+

Banking Options for Betway Sportsbook Iowa Users

Before you can start placing bets, you need to make your first deposit – and Betway Iowa offers a healthy range of deposit methods to make this possible. The list of withdrawal options is slightly shorter, but it still includes most popular banking methods.

Deposit Methods

The deposit methods available are as follows. Your money should be ready to use virtually instantly. The minimum deposit is $10 in all instances; the upper deposit limits vary from $50,000 with a credit and debit card to $500 with PayNearMe.

  • Debit and credit cards (Visa, Mastercard, Discover)
  • Betway Play+ cards
  • PayPal
  • PayNearMe
  • ACH (VIP Preferred)

Withdrawal Methods

The following withdrawal methods can be used. Betway carries out an internal check on all withdrawals, which means it can be two or three days before your funds clear. If you request an e-check through ACH, it can sometimes take up to a week.

In some states, you can make a cash withdrawal at a partner casino cage, but Betway does not operate a retail sportsbook in Iowa.

  • Betway Play+ card
  • PayPal
  • ACH (VIP Preferred)

 

Betway Iowa Mobile Sports Betting App

Unlike many other legal sportsbooks, Betway launches a state-specific app wherever it obtains a license to operate. This has the benefit of a greater level of localization in the betting markets Betway’s Iowa betting app can deliver; the major drawback is that it can take time to iron out issues with a new offering, which a universal app would not require. 

All the markets, features and bonuses that appear on the Betway website are also available on the Betway app. The ratings for Betway’s app at both major app stores are slightly below average, but this is a brand that works hard to improve its offering continuously and those numbers can be expected to rise.  

Positives of the App

  • Incredible number of sports betting options and markets available
  • Access to full range of Betway bonuses
  • Slick design and good functionality

Negatives of the App

  • Occasional geo-location issues
  • Some users report glitches and freezes
Ends: 09/05/23. Must be a new verified Betway patron. 21+. Opt-in may be req’d. Make your first min. deposit of $10+, place a wager up to $250 (with odds of at least –300 (1.33)) and receive up to $250 as bonus bet funds if the wager loses. Wager must be settled within 7 days from new account opening. Qualifying wager restrictions apply. Any bonus bet funds earned must be used within 7 days of receipt. Bonus bet funds are not the same as cash, must be used in the Sportsbook, and are subject to restrictions. Promo subject to full T&C’s us.betway.com/sport/bonus-terms. Gambling problem? Call/text 1-800-GAMBLER.

Download the Betway Sportsbook Iowa App

The easiest way to place bets with Betway through your mobile device is to download the app. Visit the app store appropriate to your device, and search for the Iowa version of the app. Click on it to download, and it should be available on the home screen of your device immediately.

📱 Apple App Store Score: 3.0📱 Google Play Score: 3.9

What iOS Users Are Saying

🗣️"Betway is great! Excellent customer support (24/7), competitive odds, and a risk-free bet offer."

🗣️"Fans of American sports will definitely feel at home here."

🗣️"App resets constantly and you have to sign in every time."

What Android Users Are Saying

🗣️"Fun and easy to use. Great customer service!"

🗣️"This app works very nicely, I like it."

🗣️"Will not let me use in Iowa, says I am not in the USA."

Betway Iowa Rewards Program

In many of the other regions where it is live, Betway offers its sportsbook customers membership of the Betway Plus loyalty program. However, this is not available in Iowa.

The only rewards program of its kind is Betway VIP, which is by invitation-only. If you want to force the issue and are a member of another online sportsbook or casino VIP scheme, you can email [email protected] to express your interest in joining. It remains surprising that there is no free-to-join program to reward regular, dedicated players in the Hawkeye State.

How to Sign Up for a Betway Sportsbook Iowa Account

The steps you need to take to join Betway as an Iowa customer are extremely straightforward. All you need to do is:

  1. Tap or click on the "BET NOW" button imbedded in any of the banners on this page to navigate to the Betway website.
  2. Click the "Join Now" button.
  3. Provide your email address and compose a unique, complex password.
  4. Enter your name, date of birth and telephone number.
  5. Choose a security question and answer.
  6. Share your address and the last four digits of your Social Security number; you may also have to submit your driver's license as proof of your ID.
  7. Select your marketing preferences and click the "Submit" button.
  8. At some point, you may be invited to share your Betway promo code, but this should not be necessary to claim your Iowa welcome bonus.

Betway Iowa Vs. Other Sportsbooks

The Betway sportsbook launched in Iowa in October 2021, more than two years after the first legal online books opened for business. This brand has done a strong job of playing catch-up since then and now stands in comparison with the very best rival operators in the Hawkeye State.

  • Choice of betting markets: It bears repeating that Betway delivers an exceptionally broad choice of betting options. There are plenty of ways to make wagers here. The range of sports and markets is comparable to that on offer at BetMGM, which is a by-word for sheer volume in this context.
  • Live betting opportunities: Betway clearly understands the growing importance of in-play wagering. There are always plenty of options here, and the range is similar to that of DraftKings, always hailed as a leader of in-play wagering. The odds are comparable too, as is the speed with which they are updated.

Pros & Cons of Betway Sportsbook Iowa

Pros
Excellent choice of online wagering options
Strong selection of live betting opportunities
High frequency of top-quality bonuses
Outstanding design of user interface
Experienced, well-respected brand
Cons/Areas for improvement
Bonus bet refunded as a single wager
Only seven days to use bonus bet after signing up
No open-access rewards program

Safety & Security of Betway Iowa

The security of your data is a top priority for the Betway Group, which has installed several state-of-the-art measures to keep your information safe in Iowa and elsewhere. These include SSL encryption technology, which protects all your transactions.

Only the most secure banking methods are permitted here, and geo-location technology is used to check your whereabouts while using the app or website. You can play your part by changing your password regularly, at least once a month, and making sure you use a unique sequence of letters and numbers.

Customer Support at Betway Sportsbook Iowa

There are several ways to get in touch with the Betway customer support team in Iowa. The quickest – and best regarded by those who have used it – is the 24/7 online live chat portal. You can also send an email to [email protected], and you have the option of raising a ticket through the site or app to report an issue. You may also find the answer you are looking for in the extensive FAQ section.

Why You Can Trust the Betway Sportsbook Iowa

Trust is a valuable commodity when you are visiting the Betway sportsbook, and there are several reasons why you should feel reassured that this is a safe place to bet:

  • Betway is a well-established brand that has been in operation since 2006.
  • It has offered its services in a wide range of jurisdictions that have made the Betway sportsbook legal.
  • Betway has always operated under license wherever it has worked and been part of the legal sports betting market.
  • It uses a wide range of security measures to ensure you feel protected at all times while placing bets online.

Our Final Verdict of Betway Iowa

The crisp simplicity of the Betway sportsbook’s design belies the fact that this is a sophisticated offering that goes the extra mile to deliver an outstanding online sports betting experience. All the know-how accumulated in nearly 20 years at the cutting edge of digital gambling has gone into a user interface that has won the admiration of bettors in Iowa and elsewhere. The selection of sports and ways to wager on them is extensive; the frequency and quality of the bonuses and promos is persuasive; and the ease with which you can place pre-game and in-play bets is impressive.

There are areas in which the Betway sportsbook could improve. It is a surprise, for instance, that there is neither a free-to-enter loyalty program nor a referral bonus for encouraging your friends to sign up. It also has to be said that the decision to launch a state-specific app comes with drawbacks. The ratings for the Betway app at both major app stores are lower than those of its leading rivals – and well behind the marks earned by the version the company uses in the UK and Europe. That means there is a risk that mobile bettors may prefer to use other brands, such as FanDuel and Caesar, which have become synonymous with outstanding mobile betting experiences.

If Betway can address this issue, the rest of its offering ensures there is no reason why it should not compete toe-to-toe with the biggest names in the industry for years to come.

Responsible Gambling at Betway Sportsbook

It’s good to see that one of the most prominent buttons at the head of the Betway website leads to a section about responsible gaming. It’s even more positive to be able to report that this is a lengthy and detailed resource with a huge amount of useful, constructive information.

There are tips for safer wagering, a guide to the warning signs that you may be developing a gambling problem and some of the risks you should be aware of.

You can also find direct links to external agencies that are free to access and can deliver expert, practical support. These include the Iowa Department of Public Health and the Iowa Gaming Association. Here, you can also contact the state branch of the National Council on Problem Gambling, as well as Gamblers Anonymous.

Betway Sportsbook Social Media

One of the best ways you can keep up to date with the latest activity at the Iowa version of the Betway sportsbook is through social media. Sports betting operators are adept at using their platforms to keep their customers entertained and informed, and Betway is no exception. To reach the sportsbook's social media platforms, use the following handles:

Ends: 09/05/23. Must be a new verified Betway patron. 21+. Opt-in may be req’d. Make your first min. deposit of $10+, place a wager up to $250 (with odds of at least –300 (1.33)) and receive up to $250 as bonus bet funds if the wager loses. Wager must be settled within 7 days from new account opening. Qualifying wager restrictions apply. Any bonus bet funds earned must be used within 7 days of receipt. Bonus bet funds are not the same as cash, must be used in the Sportsbook, and are subject to restrictions. Promo subject to full T&C’s us.betway.com/sport/bonus-terms. Gambling problem? Call/text 1-800-GAMBLER.

Betway Sportsbook Iowa FAQ

Author

Award-winning contributor covering sports betting and casino gaming around the world for decades, Martin Booth is one of the most trusted voices in online gambling. From legislative updates in Iowa to breaking down the top betting apps in IA, Martin covers a gambit of topics for IowaBets.com.

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