HomeVirginia Sportsbook Promos

Virginia sportsbook promos

Here, we'll take a look at what makes a good Virginia sportsbook promo. We'll do this by discussing the different types that are available, as well as looking at the benefits and drawbacks of bonuses. In addition, we'll point out what to look out for in a bonus offer's terms and conditions.

Dan Bradley By: Dan Bradley
| Last Updated:
Table of contents
Fan Favorite
1 Bet365
Bet365 review
Bet $5 Get $150 in Bonus Bets
GET BONUS
(+5)
21+ and present in VA. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
Popular Promo
2 Caesars
Caesars review
Second Chance Bet Up To $1000
GET BONUS
(+7)
21+ and present in VA. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
3 BetRivers
BetRivers review
Second Chance Bet Up To $500
GET BONUS
(+5)
21+ and present in VA. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
4 FanDuel
FanDuel review
Bet $5 Get $150 in Bonus Bets
GET BONUS
(+5)
21+ and present in VA. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
5 BetMGM
BetMGM review
Second Chance Bet Up To $1500
GET BONUS
(+7)
21+ and present in VA. Play responsibly. Gambling problem? Call 1-800-GAMBLER.

In this guide to Virginia sportsbook promos, we’ll offer guidance on what type of promos you should be on the lookout for, how various bonuses work, and key terms and conditions to consider before you agree to an offer.

Best Virginia sportsbook promos

Sportsbook

Welcome promo

📱 DraftKings VA

🎁 Bet $5 Get $150 in Bonus Bets

📱 BetRivers VA

🎁 Second Chance Bet Up To $500

📱 FanDuel VA

🎁 Bet $5 Get $150 in Bonus Bets

📱 Bally Bet VA

🎁 Bet $50 Get $50 in Bonus Bets

📱 Bet365 VA

🎁 Bet $5 Get $150 in Bonus Bets

📱 Betfred VA

🎁 $105 Second Chance Bet

📱 BetMGM VA

🎁 Second Chance Bet Up To $1500

📱 Caesars VA

🎁 Second Chance Bet Up To $1000

📱 Hard Rock Bet VA

🎁 $100 Second Chance Bet

📱 Sports Illustrated VA

🎁 $150 In Bonus Bets

21+ and present in VA. Play responsibly. Gambling problem? Call 1-800-GAMBLER.

bet365 Virginia promo

The bet365 Virginia promo offers a straightforward and attractive deal for new customers. By making a minimum required initial deposit of $10 within 7 days before claiming the offer, and then placing qualifying bets with a total wager value of $5, users can claim $150 in Bonus Bets. 

The qualifying bets need to settle within 30 days after the offer is claimed to release the Bonus Bets. This promotion is a great way for new users to get started with bet365, allowing them to explore various betting opportunities with the bonus provided.

  • A minimum deposit of $10 is required to be eligible for the bet365 Virginia promo, and qualifying settled bets totaling $5 must be placed within 30 days of claiming the offer to release the Bonus Bets.
  • To cash out from the promo, the returns from Bonus Bets wagers will be added to your Withdrawable Balance, but the Bonus Bets stake is excluded from any returns.
  • There are wagering requirements, such as the qualifying bets should not be fully cashed out, and bets placed at odds of less than -500 will not count towards the release of your Bonus Bets.

Caesars Virginia promo

The Caesars Virginia promo offers new users a comforting safety net with their second chance bet promotion, up to $1,000. To qualify, participants must be 21 or older, located in Virginia, and open a new Caesars Sportsbook account during the promotion period using the promo code BETT21000. 

Once the account is set up, within 30 days, the first real money sports wager placed and settled as a loss will be matched with a bonus bet, up to $1,000. The bonus bet will be credited to the user’s account within two business days after the qualifying loss.

  • Users must be 21 or older and physically present in Virginia to be eligible.
  • Qualifying wager must be the first real money sports wager placed and settled as a loss within 30 days of account opening to qualify for the bonus bet.
  • Any winnings from the bonus bet do not include the stake amount, and the bonus bet itself must be used within 14 days or it expires.

BetRivers Virginia promo

The BetRivers Virginia promo is a generous offer for new users, providing a safety net for their first dive into sports betting. When you make your initial deposit using the code SPORTS and place your first real money sports wager, if that wager loses, you’ll receive a Bonus Bet matching your stake, up to $500. The bonus is awarded within 24 hours after your qualifying bet settles as a loss, offering a second chance to get it right. 

Claiming this promotion is straightforward: simply use the claim code SPORTS while making your first deposit and place your first wager. If the bet loses, your account will be credited with the Bonus Bet, which must be used within 30 days.

  • Participants must be at least 21 years old and physically present in Virginia to be eligible.
  • Wagering requirements stipulate that the bonus bet can only be placed on sportsbook offerings with odds of -200 or longer, and the original Bonus Bet amount is not withdrawable, only winnings derived from it are.
  • To cash out any winnings from the Bonus Bet, there is no additional wagering requirement; however, the Bonus Bet expires 30 days after issuance.

FanDuel Virginia promo

The FanDuel Virginia promo, "Bet $5, Get $150 in Bonus Bets," rewards new users who sign up for a FanDuel account and meet specific requirements with $150 in Bonus Bets. To claim this offer, bettors must be at least 21 years old, physically located in Virginia during the promotion period (May 1, 2024, to June 5, 2024), and create a new FanDuel account. 

They must deposit at least $10 and place a first real money wager of at least $5 on any market in the FanDuel Sportsbook. The $150 Bonus Bets are awarded regardless of whether the initial $5 wager wins or loses and will be credited to the account within 72 hours. These Bonus Bets can then be used on various sportsbook markets except for Round Robin wagers.

  • You need to deposit at least $10 and your first wager must be at least $5 to be eligible for this promotion.
  • The $150 Bonus Bets are credited within 72 hours and can be used to bet on any market except Round Robin wagers.
  • There are no specific wagering requirements for cashing out the winnings from Bonus Bets, but the stake is not returned, only the winnings become withdrawable cash.

BetMGM Virginia promo

The BetMGM Virginia promo is an exciting opportunity for new users. By creating an account and making a minimum deposit of $10, participants can place their first wager on any game. Should that bet not win, BetMGM offers a second chance in the form of Bonus Bets, up to a generous $1,500. This allows users another chance to strike it lucky. 

To participate, simply visit the BetMGM site or download their mobile app, sign up, deposit at least $10, and make your first bet. If your bet is unsuccessful, you'll receive your Bonus Bets once the initial wager settles, giving you another opportunity to win at no extra cost.

  • Participants must deposit a minimum of $10 to qualify and place their first real money wager to claim the Bonus Bets if their bet loses.
  • Bonus Bets received from the promotion cannot be withdrawn or cashed out and are forfeited when used to place a wager.
  • There are no wagering requirements on winnings from the Bonus Bets, but the original Bonus Bet stakes are not returned with any winnings.

Other Virginia sportsbook promos

Below are some other top Virginia sportsbook promos:

DraftKings Virginia promo

The DraftKings Virginia promo offers a compelling deal for new customers: Deposit and wager at least $5 on any sports market, and instantly receive $150 in Bonus Bets. This promotion is straightforward to claim. Newly registered users must first deposit $5 or more into their DraftKings Sportsbook account. 

Following this initial deposit, placing a bet of $5 or more on any available market qualifies the customer for the bonus. Upon meeting these requirements, $150 in Bonus Bets will be credited to their account instantly, ready to be used across DraftKings’ betting markets.

  • Must be a first-time DraftKings Sportsbook customer and meet all eligibility requirements including age and location (21+, located in Virginia).
  • Bonus Bets are issued as six $25 bets, valid for 7 days, and are non-withdrawable, non-transferable, and non-refundable.
  • To cash out any winnings from the Bonus Bets, they must be wagered at least once, and only the winnings (not the stake) are withdrawable.

ESPN BET Virginia promo

The ESPN BET Virginia promo offers new players a significant incentive to join. Through this promotion, fans who sign up and make their first deposit will receive a 200% deposit match, giving up to $500 in Eligible Cashback. This Eligible Cashback converts to withdrawable cash as bets are placed, offering an excellent start for newcomers. 

Participants don't need to opt in; the bonus applies automatically upon their first deposit. The cashback can be used on a wide variety of bets within the ESPN BET sportsbook. This promotion is designed to boost the betting experience for new players by offering a substantial bonus to their initial betting pool.

  • Must be physically present in Virginia to wager.
  • Eligible Cashback is subject to a cashback rate of 10% on Sportsbook bets.
  • Wagering on sportsbook or casino releases the cashback at a rate determined by the promotion's terms, with Eligible Cashback converting to cash progressively as bets are placed.

SuperBook Virginia promo

The SuperBook Virginia promo offers a $250 bonus for new customers. When you sign up and make your initial wager on the same day, if the odds are -200 or longer, SuperBook matches your bet amount up to $250 as a bonus bet. The bonus is used in subsequent bets at 25% the wager value until depleted, enhancing your betting power. 

No specific promo code is needed to claim this offer, simplifying the process. Bonus funds appear in your account within 24 hours, ready for use in all straight wagers, parlays, and teasers except round robin bets.

  • You must make your first wager on the day you create your SuperBook account, with odds of -200 or longer, to qualify for the promo.
  • Bonus funds can be applied to 25% of your bets until they are exhausted but are not returned as part of any winnings.
  • Unused bonus funds expire 30 days after they are credited to your account, and there are no specific wagering requirements for using the bonus funds.

Betfred Virginia promo

The Betfred Virginia promo offers a unique incentive for new customers residing in Virginia. Upon registering, if a customer's first minimum cash bet of $20 or more at odds of -200 or higher on any sport loses, they receive a matching Bonus Bet up to $105. 

This bonus is only valid for losing wagers made until December 31, 2024, and cannot be used on Futures or Betfred Boosts. To claim, simply sign up, ensure your first wager meets the criteria, and should it lose, receive your Bonus Bet. Bonus Bets are to be used within 7 days and cannot be withdrawn for cash.

  • Qualifying wagers must settle as a loss to receive a Bonus Bet up to $105; minimum Bonus Bet is $20.
  • Bonus Bets expire 7 days after being credited and are non-withdrawable.
  • No specific wagering requirements for cashing out winnings from Bonus Bets, but Bonus Bets themselves cannot be cashed out.

Bally Bet Virginia promo

The Bally Bet Virginia promo allows new patrons who register, deposit, and make their first real money sports wager of $50 or more on an event with minimum odds of -200, to receive a $50 Bonus Bet Token. This promo is available for bets placed and settled within the specific promotional period until June 26, 2024. 

To claim, simply sign up as a new account holder, complete the deposit, and place the qualifying bet within the stated period. The $50 Bonus Bet Token is credited to eligible accounts within 24 hours after the qualifying bet settles, win or lose, and must be used within 7 days before it expires.

  • Patrons must complete a wager of $50 or more on an event with minimum odds of -200 to qualify.
  • Bonus Bet Tokens expire 7 days after issuance and cannot be withdrawn as cash.
  • Wagers made with Bonus Bet Tokens are not eligible for cash out.

Hard Rock Bet Virginia promo

The Hard Rock Bet Virginia promo entails a second chance offer for new players who sign up, deposit, and make their first cash bet of at least $10. If a player's first bet loses, they are refunded with a Bonus Bet matching the amount of their first bet, up to $100. 

To claim this offer, players must ensure their initial bet is a qualifying one (at least $10) and is made with real cash, not with Bonus Bets. The Bonus Bet is awarded if the first bet is lost and must be used within 7 days of receipt. This promotion specifically targets new guests and restricts the Bonus Bet to one per player.

  • Qualifying bet must be a cash bet of at least $10, excluding bets on Round Robins and Teasers.
  • The Bonus Bet must be used within 7 days of issuance; otherwise, it expires.
  • Winnings from the Bonus Bet do not include the stake amount, and there are no specified wagering requirements for the winnings.

SI Virginia promo

The SI Virginia promo offers new players an enticing welcome offer. To participate, players must make their first deposit of $10 or more without needing a promo code. Upon making real money bets totaling $20 or more, with minimum odds of -200, players are rewarded with two $25 Bonus Bets, redeemable up to three times for a total of $150 in Bonus Bets. 

These bets can be used on any event and come without restrictions. Qualifying for this promo requires placing cumulative bets meeting the minimum odds, and the Bonus Bets received are free from wagering requirements.

  • Players must be 21+ and located in Virginia.
  • Minimum deposit of $10 with no promo code required.
  • Bonus Bet winnings can be withdrawn.

Fanatics Virginia promo

The Fanatics Virginia promo is a generous offer for new customers who engage with the Fanatics Sportsbook. To partake, individuals must first open an active and verified account with Fanatics Sportsbook. Upon doing so, they are required to place a minimum cash wager of $5 on any betting market with odds of -200 or longer. 

Successful participation entitles them to receive up to $100 in Bonus Bets each day for a duration of 10 consecutive days, totaling a potential $1,000 in Bonus Bets. This reward scheme starts from the day of the first qualifying wager. Interested participants must opt-in daily (excluding the initial wager day) through the app to be eligible for each day’s bonuses.

  • New customers must place a cash wager of $5+ on markets with odds of -200 or longer to qualify.
  • Bonus Bets must be used within 7 days of receipt, and only the winnings from these bets are withdrawable, not the stake.
  • There are no wagering requirements on the winnings, but excluded wagers can't be used for qualifying or fulfilling the promo.

Betr Virginia promo

The Betr Virginia promo is a promotional offer for new players. When participants place their first ever real money wager and lose during the promotion period, they earn Bonus Bets up to $250. The promotion runs until August 31, 2024. 

To claim it, create an account with Betr Sportsbook, and place your first real money wager within the promotional period. If you lose your bet, you'll receive 100% of your wager amount matched as bonus credits, up to $250. The Reward is issued only if the first wager is a loss, and the credits will be added to your account within 3 hours or up to 24 hours in case of technical difficulties.

  • Maximum reward per user is $250, and it applies only if the first real money wager is lost.
  • Winnings from Bonus Bets can be withdrawn anytime.
  • Bonus Bets are non-withdrawable and expire 30 days after being credited.

Virginia sportsbook promos explained

Virginia sportsbook promos are an excellent tool for betting operators as they allow new and returning players alike to increase their likelihood of profitability. Typically, this comes through the use of bet credits that can enhance the payout on a win or help to recoup lost funds in the instance of a loss.

However, some promos don’t involve bet credit but instead have odds boosts that increase the payout on a winning wager. While these boosts don’t necessarily reward players as often as a bonus involving bet credits, they do tend to lead to a more direct financial return.

The frequency and variety of promotional offerings are key factors we consider when writing our Virginia sportsbooks reviews. Typically, having more frequent and varied promotions is a sign of a customer-focused product as it means the company has both the financial backing to run such offers and the staff capable of facilitating all aspects of running the bonus.

How to get a sportsbook promo in Virginia

Getting a sportsbook promo in Virginia will depend on the type of bonus you’re trying to achieve. Welcome bonuses are only available to new players while other bonuses may only be accessed by a returning player.

Regardless of the operator or bonus type, here is an outline of how to get a sportsbook promo in Virginia.

  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.

Sports gambling sites use many different bonus offers to appeal to their players. Here are some of the most popular types of sports betting promos in Virginia.

  • 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.
  • 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.

Terms and conditions to consider when selecting a VA sportsbook bonus

As we alluded to above, there are always important rules to remember when claiming a promo offer. Here are some of the key terms and conditions to consider when selecting a VA sportsbook bonus.

  • 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).

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

  • 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.

Drawbacks

  • 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.

FAQ

Why do betting apps in Virginia offer promos?

Betting apps in Virginia offer promos as a means of rewarding returning players for their continued wagering with the platform and to encourage new players to sign up with the betting site. For news about the latest Virginia sports betting promos, keep checking in with VABetting.com, which is regularly updated with the latest and greatest offers from licensed gambling operators.

What is the best kind of sports betting promo in VA?

The best kind of sports betting promo in VA is the kind that is best able to meet or exceed your betting needs. Getting massive second chance bonus bets can be fun, but if it requires a significant upfront financial risk to obtain it, that bonus may do more harm than good. Conversely, a “bet $5 get $100” bonus may not have the same appeal to high rollers. Look for bonuses that fit your betting abilities, wants, needs, and interests, and always wager within your means.

Can I use the same VA sportsbook promo on multiple sites?

No, you cannot use the same VA sportsbook promo on multiple sites. Bonuses are tied to the operator, so a bonus at DraftKings wouldn’t apply at FanDuel. Additionally, most bonuses can only be used once, even with the same operator.

Author Details

Dan Bradley

Dan Bradley

Dan Bradley, a sports betting expert and author at VA Betting, brings a unique perspective with his background in junior hockey. Outside of evaluating Virginia sportsbooks, Dan dedicates his time to watching as many NHL games as he can.