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Betfred Sportsbook Virginia Promo Code

$105 Second Chance Bet

21+ and present in VA. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
Brian Cass By: Brian Cass
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Table of contents

What is the Betfred Virginia promo?

The Betfred Virginia sportsbook promo is a second chance bet matching their first bet amount up to $105. Example: To claim this promo, visit Betfred Sportsbook’s website during the promo period from October 16, 2023 to December 31, 2024, sign up as a new customer, and place your first cash bet of at least $20 on any sport. If your bet loses, you’ll receive a Fred Bet equal to your stake, up to $105, to use on another bet within 7 days.

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Betfred VA bonus

Sign-up bonus: $105 Second Chance Bet
Promo code: No code required
Minimum deposit: $10
Last updated: May 2024

Sportsbook overview

Sportsbook: Betfred
Legal in Virginia: Yes
Partner in Virginia: N/A
Payment methods:
(+2)

Betfred Sportsbook, part of the internationally recognized Betfred USA, provides legal sports betting options across various states. This includes its accessible mobile app, user-friendly website, and physical locations at select casinos.

While Betfred is a well-established name globally, its venture into the US online sports betting landscape is relatively recent.

The Betfred Sportsbook app in Virginia is on a trajectory of growth, bolstering its presence in the US through strategic collaborations with local casinos and sports teams.

This review aims to familiarize readers with Betfred Sportsbook in Virginia, delve into its background, and evaluate how it measures up in the competitive Virginia sports betting market.

How to register at Betfred Sportsbook in VA and grab the promo

Registering for Betfred Sportsbook Virginia and claiming their Virginia betting bonus is a straightforward process that typically takes about 10 minutes. Here are the steps to guide you through the process:

  1. Visit Betfred Sportsbook’s official website and navigate to the sign-up page.
  2. Complete the registration form by providing all the required personal and contact information.
  3. Verify your account to confirm your eligibility and age (you must be at least 21 years old).
  4. Make a minimum cash deposit and place your first wager of $20 or more on any sport offered within the promotional period of October 16th, 2023, to December 31st, 2024. Ensure the odds of your first wager are at least -200. Remember, Betfred Boosts and Futures wagers are excluded.
  5. If your qualifying first wager settles as a loss, you will receive a Fred Bet matching your stake amount up to $105. The Fred Bet will be credited to your account according to the terms specified, subject to eligibility verification.
  6. Use your Fred Bet within 7 days of it being credited to your account. Note that Fred Bets are non-withdrawable and cannot be redeemed for cash.

Why we like the Betfred VA bonus

The current Betfred VA sportsbook promo stands out for several reasons. Firstly, it's a user-friendly promotion aimed exclusively at new customers, ensuring a warm welcome to the world of sports betting. The requirement for a qualifying first wager of $20 or more is reasonable, making it accessible to a broad audience who may not want to commit a large sum upfront. 

Importantly, this promotion cushions the blow of a lost bet by offering a Fred Bet matching the stake amount up to $105. This feature essentially gives new users a second chance without additional risk, which is an excellent way to encourage thoughtful betting and reduce the initial hesitation some might feel towards placing their first wager.

Terms for the Betfred VA bonus

In order to qualify for the promo and use it correctly, you'll want to know the important terms and conditions Betfred have for it. Below, we have included the most relevant ones:

  • Initially, wagers must resolve as losses to be eligible for this promotion; if your first bet wins, you will not receive a Fred Bet.
  • Eligible participants will receive a Fred Bet matching the stake of their initial bet, up to a maximum of $105, with the minimum Fred Bet being $20.
  • For a bet to qualify, it must be a cash wager of at least $20, placed on any sport at odds of -200 or greater, within the promotional period of between October 16, 2023, and December 31, 2024.
  • Bets placed on Futures and Betfred Boosts do not count towards this offer.
  • Only new customers signing up within the promotional window are eligible for this offer. Existing accounts cannot participate.
  • Fred Bets must be used within 7 days of credit and cannot be cashed out or withdrawn.
  • You must have an established Betfred Sportsbook wagering account and be at least 21 years old, physically present in Virginia, and not placing bets on behalf of others.

Betfred Sportsbook officially launched in Virginia in February 2023, making it the ninth state to open its doors to the betting operator.

Although Betfred does not have the same name recognition of operators like FanDuel or DraftKings, its expansion to prominent sports betting states like Virginia gives the sportsbook valuable brand awareness.

Betfred’s betting app in Virginia

Utilizing Betfred's Virginia mobile betting app streamlines the betting experience, offering the utmost convenience for placing bets with the operator.

The Betfred app is available for free download on both iOS and Android platforms. In the App Store and Google Play Store, the app holds a solid rating of 3.8 out of 5, reflecting its user-friendly interface and functionality specific to the Virginia betting market.

How to download the Betfred app on iOS

  1. Accessing the Store: Open the App Store on your iOS device and search for “Betfred Sportsbook” to find the app.
  2. Installing the App: After finding the Betfred Sportsbook app, click on the “Get” button adjacent to the app’s icon. Proceed by selecting “Install” and wait for the app to complete downloading.
  3. Login and Geolocation Confirmation: Once the app is installed, open it, log into your Betfred account, and allow location services. This step is crucial for Betfred to verify that you are in a state where their services are legally permitted.

How to download the Betfred app on Android

  1. Google Play Store Search: Open the Google Play Store on your Android device and search for “Betfred Sportsbook.”
  2. Installation: Find the Betfred Sportsbook app in the search results, then click “Install” to initiate the download.
  3. App Launch and Configuration: Once downloaded, open the app, log in with your Betfred credentials, and activate your location services to begin using the app.

Betfred Virginia deposit and withdrawal methods

Although Betfred's current selection of payment methods is somewhat limited, it is expected to become more diverse as the company expands its operations across the country.

For users in Virginia, Betfred’s available deposit options are as follows:

  • Instant bank transfer
  • PayPal
  • Play+ Prepaid Card
  • Debit card
  • VIP Preferred

Sports you can gamble on using Betfred

Betfred Virginia offers a wide array of betting markets in the sports betting landscape, catering to Virginia bettors with a diverse range of preferences.

The platform includes all major U.S. sports leagues, alongside a variety of international leagues, ensuring a comprehensive betting experience.

The following areas are expected to see the most betting activity on Betfred Virginia.

  • Football: Football betting is a mainstay for avid sports bettors, and in Virginia, this often centers around college teams, given Virginia's lack of an NFL team. The Virginia Tech Hokies and the University of Virginia Cavaliers are particularly popular among local fans.
  • Basketball: Basketball holds a strong position in Virginia, with college basketball being a focal point. Teams like the Virginia Tech Hokies and the University of Virginia Cavaliers capture the attention of basketball enthusiasts across the state. Clashes between these teams are highly anticipated, highlighting Virginia's vibrant basketball rivalry.
  • Baseball: Virginia may not have an MLB team, but there are minor league teams, such as the Norfolk Tides and the Richmond Flying Squirrels, that garner local interest. Additionally, major league teams like the Washington Nationals and the Baltimore Orioles, located nearby, have a significant following in the state.
  • Hockey: While Virginia is not home to an NHL team, there is a keen interest in hockey, particularly with the presence of minor league teams such as the Norfolk Admirals. This team, playing in Norfolk, VA, brings together hockey fans from across the region.

Customer support of Betfred Sportsbook Virginia

Betfred provides live customer support through phone, text message, and email.

An area for potential improvement in Betfred's customer service is the addition of a self-help guide or FAQ section on their website. As of now, neither the Betfred website nor its mobile apps offer readily available answers to commonly asked questions.

Our expert opinion on Betfred Sportsbook Virginia

Betfred Sportsbook Virginia stands out as an impressive betting platform, offering a wide variety of sports markets, regular promotions, and an easy-to-use interface.

Key highlights of Betfred Sportsbook Virginia include its well-established reputation in the betting industry, the thrilling live (in-play) betting feature that enhances the wagering experience, and frequent bonuses that cater to both new and loyal players.

Areas for improvement include broadening the range of payment methods, refining the mobile app for a smoother, glitch-free experience, and expanding the coverage of lesser-known international sports or events.

Our rating of Betfred Sportsbook Virginia

(4)

Welcome bonus
(4)
Payment options
(3)
Sportsbook app
(4)
Variety & features
(5)
Customer support
(4)

Virginia Betting has given Betfred Virginia an overall rating of 4 out of 5. This rating is based on the following criteria.

  • Welcome Bonus: Rating 4/5. The Betfred Virginia promo is highly rated due to its generous offer of matching losing bets with a second chance bet of up to $105, a simple eligibility criterion for new sign-ups, and a clear, user-friendly policy. However, the restrictive nature of the bet types and the short validity period slightly limit its appeal.
  • Payment Options: Rating 3/5. Betfred Virginia offers the expected range of payment methods seen at leading sportsbooks. An expansion in payment options would enhance user convenience, but their prompt processing of payouts within 1-2 days is a notable benefit.
  • Sportsbook App: Rating 4/5. The Betfred Virginia sportsbook app delivers an intuitive and user-friendly experience, with a clear design and extensive features that appeal to experienced bettors. Minor issues like occasional glitches don't significantly impact the overall user experience.
  • Variety and Features: Rating 5/5. Betfred Virginia excels in offering a diverse range of betting options. Its extensive selection of parlays and regular promotions keep bettors engaged, and the variety of sports available caters to a broad spectrum of interests.
  • Customer Support: Rating 4/5. Betfred Virginia provides around-the-clock customer support. The support team is usually well-equipped to handle inquiries and issues, making them a reliable resource for users.

FAQ

What is the maximum deposit at Betfred Virginia?

Betfred does not limit users on how much they can deposit into their accounts.

What age do you have to be to bet on Betfred in Virginia?

Virginia users must be at least 21 years old to wager through Betfred Sportsbook.

Do you have to live in Virginia to wager at Betfred?

Yes, users must be located within Virginia to be able to wager through their Virginia online betting service.

Author Details

Brian Cass

Brian Cass

Brian Cass, an expert in sports betting and an author at VA Betting, covers the spectrum of legal sports betting throughout the US. Outside of his professional writing endeavors, he is an avid NFL fan, often spending his free time following the league.