Sports Betting in Iowa

Licensed Sportsbooks

State-licensed regulated sportsbooks. Operator tax rate: 6.75%. Online betting legal since August 2019.

DraftKings★ 4.9

Same-game parlaysDFS integration

FanDuel★ 4.8

Cash outLive in-play betting

BetMGM★ 4.8

Parlay builderCustom odds

Fanatics★ 4.8

FanCash rewardsFast signup

theScore★ 4.8

Integrated mediaStats-driven

BetRivers★ 4.8

Prop CentralEarly cashout

Bet365★ 4.8

40+ sportsEarly payouts

Caesars★ 4.7

Caesars RewardsProfit boosts

Bally Bet★ 4.7

Unified walletCasino integration

Circa Sports★ 4.7

Sharp linesNo-limit betting

Sporttrade★ 4.5

State-licensed exchangePeer-to-peer tradingLow fees

Prediction Markets

Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks.

Kalshi★ 4.9

CFTC-regulatedSports event contractsLive trading

Polymarket US★ 4.6

CFTC-regulatedFully collateralizedNo margin or leverage

Robinhood★ 4.7

Powered by Kalshi0% commission50-state availability

FanDuel Predicts★ 4.6

CFTC-regulated50-state availabilitySports contracts in 18 states

DraftKings Predictions★ 4.6

CFTC-regulated38-state availabilitySports contracts in 17 states

Crypto.com Event Contracts★ 4.5

CFTC-regulated10 major sportsUSD + crypto deposits

Peer-to-Peer Sweepstakes Exchanges

Dual-currency model. Trade directly against other users instead of against a sportsbook.

Fliff★ 4.6

Social sportsbookDual-currency (Fliff Coins + Cash)Largest US sweepstakes operator

Rebet★ 4.4

Social sportsbookDual-currencyMobile-first

ProphetX★ 4.7

Peer-to-peer exchangeDual-currency model~3% commission

Novig★ 4.8

Peer-to-peer exchangeNo vigReal-money sweepstakes

Legal Status

Early market (2019). In-person registration requirement eliminated January 2021. $9B+ total wagers since legalization.

Online sports betting has been legal in Iowa since August 2019.

Tax Information

6.75% on gross gaming receipts — one of the lowest rates nationally.

College Betting Restrictions

No in-state college bets. No college player props.

How DawBets Helps Iowa Bettors

DawBets compares odds across every sportsbook available in Iowa in real time. Instead of checking each app individually, see all prices side-by-side and always place your bet at the best available line.

Frequently asked questions