Virginia sportsbook promos and bonus codes

1. Determine if a bonus code is needed: Some promos will require you to use a Virginia promo bonus code to unlock the reward while others will apply on an opt-in or when you complete a prerequisite, such as making a deposit or placing a qualifying wager. If the offer needs a bonus code, you will find both the information and the code itself listed on our site.
2. Create an account if you haven’t already done so: Instructions on how to create a sports betting account will be listed in the operator reviews we have for all legal, licensed Virginia gambling operators. If you’ve already registered, skip to Step 3.
3. Read the terms and conditions: We cannot emphasize enough the importance of reading and understanding the bonus terms and conditions. Failing to abide by the rules of the offer can cause you to forfeit your bonus or be ineligible from earning it altogether. It will also save you the headache of reaching out to the bookmaker’s customer support team only to be told you didn’t meet the requirements to collect the promo.
4. Meet the bonus criteria: Depending on the type of bonus, there will be different ways to qualify for the promo. In some cases, you’ll need to make a deposit and you’ll get the bonus then; in others you may need to place a wager, and for some promos, that qualifying wager will need to settle as a loss. When in doubt, check the terms and conditions to ensure you’ve completed all the necessary steps.
5. Claim and use the bonus: There’s nothing more disappointing at a sportsbook than forgetting to use a bonus and having the credits expire.

• Bonus bets: Bonus bets are a form of betting credit that allow users to either place wagers without using funds from their bankroll or enhance the potential return on a real-money wager. The credit’s value will be determined by the sportsbook but typically comes in $10, $25, or $100 increments. These could also be no deposit bonuses in Virginia.
• Deposit matches: A favorite for returning players, deposit matches award bonus bets or other bet credits when you fund your sportsbook bankroll. Usually, this involves a 100% match, meaning every dollar you deposit is matched in credits by the sportsbook; in some rare cases, we’ve seen a match greater than a 100% rate.
• Second chance bets: One of the most commonly used welcome bonus promos at Virginia sportsbooks is a second chance bet, where players are awarded bet credits in the amount of their qualifying wager if that initial bet settles as a loss. However, if your first bet wins, no credits are awarded.
• Bet X, Get Y: Similar to the second chance bet, a “Bet X, Get Y” deal will require you to place a wager before you can receive the promo. However, you don’t need to wait for the qualifying wager to settle with this offer. As long as you bet whatever the “X” dollar amount is on an eligible market, you’ll be able to secure the bonus.
• Odds boosts: Unlike the others that offer bet credits, odds boosts are a way to increase the amount of money you receive on a winning wager. For example, a real-money wager of $100 on a line of +200 would win $200 and pay out $300. However, with the boost, the odds could become, say, +300, meaning an extra $100 in your pocket for the same stake if your bet hits.
• Profit boosts: Like the odds boosts, profit boosts impact the back end of your wager. Usually applied to parlay bets, profit boosts calculate a percentage of your profit on a winning bet and tack that on to a payout. Using the example above with a $100 stake and +200 odds, a 25% profit boost would add an extra $50 (25% of $200 profit = $50) to your payout.

• Credit amount: Promo offers tend to prominently display a dollar amount for the value of the bonus, but there’s a major difference between getting actual money (exceedingly rare) and bet credit (incredibly common) as part of the deal. Additionally, while the maximum reward amount could be high (some bookmakers offer as much as $1,500 in credits), the award is rarely one lump sum and may be broken up into smaller denominations.
• Time to claim the offer: If the promo offer is available for new players only, it may only work within seven days of creating your sportsbook account. For returning-player offers, the promo may last for a month, or a week, or be as short as one day.
• Bonus expiration: Bonus bets and bet credits will almost always carry an expiration date. The industry standard is seven days after issuance, though we’ve seen periods as short as three days and as long as 30 days. Knowing this length in advance will keep you from seeing your credits expire.
• Playthrough requirements: Most of the time, you’ll only need to use a bonus once before you can withdraw winnings as cash. However, there are some instances where the bonus could require you to wager 2X, 3X, 5X, or 10X the bonus amount. It is somewhat uncommon to see more than a 1X playthrough requirement on a sports betting platform and tends to show up more at an online casino (online casinos are still illegal under VA law).

• Check the terms: The first thing you should do if your promo code is not working is to double-check the terms and conditions of the offer that you accepted. Make sure that you have met all of the requirements needed to use the promo code in the first place.
• FAQ: After the terms and conditions are checked, navigate to the VA sportsbook’s FAQ section to see if you are dealing with a common issue. In most cases, there will be a promotional section under the FAQ to answer the most basic questions on promo codes.
• Contact customer service: If you’ve checked the terms and conditions and are sure you’re meeting all of them, as well as checked the FAQ’s promo code section, the final step would be getting in touch with customer support. Most often, the Virginia Sportsbook’s live customer chat feature will be the easiest way to get in touch with someone to troubleshoot your issue.

Benefits and drawbacks of sports betting promotions in VA

While there are usually more pros than cons when using a sportsbook bonus, we can’t deny that there are multiple examples of each. Here are some of the benefits and drawbacks of sports betting promotions in VA.

Benefits

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• Promos can enhance winnings: Any time you’re able to beat the house, it’s worth celebrating. However, with a sportsbook bonus to increase your profits, the wins are that much sweeter.
• Bonuses can offset losses: Conversely, a promo offer like a second chance bet can take the sting out of a bad beat. However, it’s important to remember that a second chance bonus offer DOES NOT guarantee a payout and cannot be withdrawn as cash.
• Offers can be part of a loyalty program: Some sportsbooks will offer loyalty programs to run alongside or replace betting promotions. When this is the case, the bonuses offered through the program tend to be of higher value and greater frequency than what is available to the general public.

• Bonuses don’t stack: In the terms and conditions of a bonus, you’ll likely see “promotion may not be combined with any other offer,” or other similar verbiage. Unfortunately, this means you likely won’t be able to combine a bonus bet with an odds boost for a chance at a big payday with no financial risk.
• Betting requirements may be costly: Most of the time, to maximize the amount of the promo, you’ll need to put a sizable amount of money upfront, either as a sportsbook deposit or as a qualifying wager. If this maximum is set too high, that could be off-putting and ineffective for more casual players.
• Bonuses expire: If you fail to find a suitable wager to use your bonus bets or bet credits, they can expire and won’t be reissued. Reviewing the terms and conditions will help ensure you’re able to use your promo before you lose it.