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Risk-free bets in Virginia

Most sportsbooks in Virginia have come up with various bonuses to attract gamblers to their sites. With this strategy, risk-free bets in Virginia are one of the best tactics they have come up with. In this guide, we’ll take a close look at what a risk-free bet is and how to choose the best risk-free betting site in the state. We’ll also take a quick look at the wagering requirements for taking advantage of this offer.

Table of contents

How does a risk-free bet in Virginia work?

A risk-free bet bonus in Virginia works by when you place a bet, but your funds are safe even if you lose the bet. In other words, don't have to worry about losing all the money you have invested in the gamble. It protects you from losing your money and it’s a great way of helping to manage your bankroll.

Most sportsbooks will give risk-free bets to new sign ups so that they can freely try out the sports betting site without worrying about losing money. It’s a great way of getting new players onto the site so that they experience what it’s like using it. If they have a good experience, it helps them to create trust with the sportsbook that’ll make the customer come back again.

Why bettors love risk-free bets in VA

A good sports betting offer will always attract more players to a site. A promotional free bet in Virginia in the form of a risk-free bet is among the most attractive bonuses available to punters. Bettors have different reasons for their love for risk-free bets in Virginia. But, at the end of the day, they all love a freebie. Below, however, we take a look at the most common reasons why bettors will choose a risk-free bet offer over other types of bonuses.

  • No risk to your bankroll - Your funds are safe when you have a risk-free bonus credit in your account. This means that when you place a bet on a game, you won’t lose your money if you lose, but you’ll get to withdraw the winnings if things do go your way. It’s basically a “win-win” situation. There are instances where you sign up, and you will get a welcome bonus in the form of a risk-free bet. Some will give you back a portion of your stake when you lose a game, allowing you to place another bet. It’s a great way of keeping your bankroll going for a longer time.
  • You can risk a larger bet for better odds - Since the money being used is not from your pocket, you can increase the odds for larger winnings. Some players also add a portion of their money to increase their virtual wallet balance for betting. All of this can help you be more experimental when you have a Virginia sportsbook risk-free bet at your disposal.
  • Helps build a bankroll - Few, if any, bettors are excited to see their funds diminish when they are placing bets on a sports game. When you have a risk-free bat, there’s the opportunity to stretch your funds a little further. That's why risk-free bets in Virginia must be part of your considerations. You don't have to worry about your virtual balance account with risk-free bets since your sportsbook has got you covered.
  • Try out new games - There are numerous betting types and sports to bet on in many sportsbooks around Virginia. But, you can’t try them all without being irresponsible. A risk-free bet gives you the opportunity to try out a new sport or betting strategy without risking the loss of your own money. You might find a new and lucrative market because of this.

Betting sites that usually offer risk-free bets in Virginia

Now that you have more information on how risk-free bets work, and why punters like you love them, you need to move on to finding betting sites that offer them. Fortunately, finding a Virginia sportsbook with risk-free bet offers is not hard.

All you have to do is search on Google or Bing, for example. The tricky part though is sifting through them to find legitimate and trustworthy sportsbooks. Below, we’ve listed some of the best sportsbooks in Virginia. If you get a sports betting promo code for a risk-free bet on one of these sites, you should take advantage.

  • BetRivers Virginia - The BetRivers betting site became operational in VA after online sports betting was legalized in Virginia in 2021. Since then, the betting site has undergone various transformations as far as bonus offers for new registrations and existing customers. Risk-free bets are not always available, but you should check out their promotions page for up-to-date information on currently available bonuses from the sportsbook. Also, their loyalty program might also have some risk-free bets for redemption when you reach a search number of loyalty points.
  • FanDuel Virginia - One of the top betting sites in Virginia is FanDuel. They’ve worked hard to give bettors a fast betting experience and a transparent payment structure. That being said, they also have numerous promotions running at any time. These can include a risk-free bet offer for new registrations or as gifts for loyal customers. To see what’s happening in terms of their betting bonuses in Virginia, check out their homepage or promotions page.
  • PointsBet Virginia - PointsBet Sportsbook is among the first betting sites registered and licensed to operate in Virginia as of April 2020. Despite the fact that PointsBet was legalized in 2020, it took up to December 2021 before it was officially launched. By introducing risk-free bets for Virginia residents, the sportsbook has managed to grow in terms of new customers. The evergreen risk-free bet offer can be found via affiliate sites and on the sportsbook itself.
  • DraftKings Virginia - DraftKings is one of the best sportsbooks in America and is operational in Virginia. DraftKings has partnership deals with some of the biggest professional sports teams in the country. They also have big bonus offers to match. These change frequently depending on what they are promoting that month or week, for example. You should go to their promotions page to see the latest bonus offers, including any risk-free bet bonuses that they might have for you.

A guide to the wagering requirements for risk-free bets in Virginia

Based on the above information, it’s safe to say that risk-free bets are one of the best types of offers one can get from a Virginia online sportsbook. They allow you to experiment and try out a new sportsbook without risking losing your hard-earned cash.  However, it’s important to acknowledge that to get risk-free bets, you might need to give something in return. Usually, this is in the form of wagering requirements. Wagering requirements are bets you need to make before you can access the risk-free bet offer, or before you can withdraw winnings from a risk-free bet.

Also known as rollover bets, wagering requirements are indicated in the terms and conditions of the free bet. Details on how much you need to deposit as a minimum is indicated. You’ll also get information on how many times you should place your bets before the risk-free bet becomes available to you. When you accept a risk-free bet, you should make sure that you’re fully aware of any terms and conditions, including the wagering requirements. This will help protect you from spending more than you actually want to on a news sportsbook.


Can I get a risk-free bet on every betting site in VA?

No, you’re not guaranteed to get a risk-free bet at every sportsbook site in Virginia. It’s up to the online betting site to decide if they want to offer risk-free bets to their customers. You’ll have to check their promotions page to see if there are any risk-free or other types of bonuses that you can take advantage of.

Do I need to deposit to get a risk-free bet in Virginia?

No, you don’t always need to deposit to get a risk free bet in Virginia. Sometimes, there’s no requirement to make a deposit before you can make use of a risk-free bet. However, this is very rare, so be prepared to add some funds to your account. The only time when you might not need to make a deposit first is if you’ve received the risk-free bet as a gift from the customer support team, for example.

Is there a catch to risk-free bets in VA?

Yes, risk free bets in Virginia usually come with some sort of catch. These are the wagering requirements that come with any bonus. That’s why you should read the terms and conditions so that you’re aware of any catch that you might miss otherwise.