BetMGM Virginia Bonus Code & Sportsbook Review 2023

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Bonuses and Promotions
Odds VS. The Competition
Market Depth & Variety
Deposit & Cash Out
Mobile App

Bottom Line

BetMGM Sportsbook in Virginia is one of the best options in the Commonwealth for online sports betting. The odds are extremely competitive, the app is second to none, and the market depth will give most sports bettors more than enough to play with.

The welcome bonus is a risk-free bet up to $1,000, which is fairly standard and stacks up next to major in-state competitors like DraftKings and FanDuel.

The iRewards loyalty program also rewards members on an ongoing basis, with bonus offers, comped rooms at MGM properties, and more.

Get a $1,000 risk-free bet at BetMGM Sportsbook

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BetMGM Virginia Sportsbook Bonus Code 2023

New users who sign up using our exclusive BetMGM Virginia bonus code: SHARP and get a $1,000 risk-free bet. Terms and conditions apply.

BetMGM Virginia Bonus CodeSHARP
Risk-Free BetUp to $1,000
What States Allow BetMGM Sportsbook?AZ, CO, DC, IL, IN, IA, KS, LA, MD, MI, MS, NJ, OH, NV, NY, PA, TN, VA, WV & WY - Note: Offer not available in NY, NV, or MS
Promo Code Verified ForFebruary 2023

BetMGM Virginia Sportsbook offers a $1,000 risk-free bet. That’s in line with many of BetMGM’s biggest competitors in Virginia. 

The risk-free bet up to $1,000 is a good way to get introduced to the BetMGM offerings. If your first bet loses, the amount is refunded to your account in withdrawable cash. If the bet wins, you just won money without taking a risk.

BetMGM also has some good ongoing promotions, particularly surrounding the start of a new season or an upcoming tournament. Keep an eye out for excellent offers such as parlay insurance, odds boosts, and referral credits. 

Further, the BetMGM Rewards loyalty program means you earn points for every wager you place on BetMGM. Those points can be redeemed for things on the platform, such as deposit bonuses. But they can also be used at MGM properties for things like comped rooms and free food.


Does BetMGM Offer Competitive Odds?

The odds at BetMGM Virginia are some of the most competitive in the sports betting industry. BetMGM Sportsbook is a highly recommended option for Virginia sports bettors.

How Do Point Spreads & Totals Work?

Point spreads are used to level the playing field for the two teams playing in a game. Points are either added or subtracted from a team’s final score. If the Washington Commanders are laying 3.5 points to the Jacksonville Jaguars, the Commanders need to win by a minimum of four points to cover the spread. Always compare the odds being offered at different sportsbooks before making a bet. If the Commanders are available elsewhere at -3, you’re obviously making that bet instead of -3.5.

Totals allow you to bet over or under a benchmark number. If the total is 42.5 points for Commanders-Jaguars, a minimum of 43 points must be scored for the over bet to win. Under bettors need a maximum of 42 points for their bet to cash.

Does BetMGM Offer Good Moneyline Odds?

Yes. Moneyline odds are offered on the winner of a game regardless of the final score. Let’s examine the moneyline odds for the June 21 game between the Orioles and Nationals in Major League Baseball.


BetMGM and DraftKings both offered the best moneyline odds on the Orioles at -130. FanDuel had the best odds on the Nationals at +112. Sportsbooks charge a fee to handle your bet, and this is commonly known as the vig. BetMGM and DraftKings both have a vig of 4.14% on this bet. FanDuel’s vig was slightly lower at 4.07%. If you’re making a $100 bet on this game, the vig will be $4 and change at all three books. That’s fair pricing as the vig on a standard bet at odds of -110 on both sides translates to 4.36%.

Shopping for the Best Futures Odds

What are futures odds? They are offered on games and events that take place in the future. Let’s use the Super Bowl as our example. Futures odds on the winner of Super Bowl 57 were available at the time of this writing in June. In fact, they are available for all 32 NFL teams throughout the calendar year. The Washington Commanders were +5000 at BetMGM (bet $100, win $5000).

Commanders Super Bowl 57 Futures Odds

BetMGM +5000

DraftKings +7000

FanDuel +7000

You can see why it’s so important to open accounts at multiple sportsbooks. DraftKings and FanDuel both offered better odds on the Commanders at +7000 (bet $100, win $7,000). No single sportsbook will always have the best futures odds, which fluctuate more than spreads or totals. Be sure to compare odds across the industry before making these types of bets. It’ll pay off in the long run. 

Updated 6/21/2022


BetMGM Virginia is subject to the state regulator, the Virginia Lottery, approving each and every sport available. So it is prohibited to take bets on Virginia college teams, and in-game and prop betting on all college teams is also prohibited. You also cannot bet on the Olympics. 

That means that the market depth and variety are somewhat limited in the Commonwealth as a whole.

But compared to other brands in the state, BetMGM offers a robust selection of sports at both the professional and collegiate level. You can find a long list of bets on all major US sports leagues as well as international leagues and tournaments.

Individual sports are also well represented, including racing, MMA, tennis, golf, and boxing.

BetMGM allows any combination of event and sports for parlay betting. You could build a seven parlay with prop bets from seven different professional sports if you wanted to, and the intuitive platform allows you to do so easily.

BetMGM is currently available in more than a dozen states around the country including Arizona and Wyoming – two betting markets that launched last year. BetMGM launched in both states on the day sportsbook apps were approved to go live. It’s safe to say BetMGM will continue to expand in other states as sports betting expands. For example, Maryland is expected to have apps go live by the end of the year. The state will allow licensing for up to 60 sportsbooks, so BetMGM definitely has a good shot there.

However, BetMGM, DraftKings, FanDuel, BetRivers, and other US-focused brands don’t have the kind of market depth offered by some international giants. On top of offering more sports in general, they usually have a more robust list of prop bets for international competitions.


BetMGM Virginia offers all banking methods approved by the state regulator. In places like Iowa, that means your deposit and cashout methods are limited. But the Virginia Lottery doesn’t put many limitations on payment methods for sportsbooks.

That means you can use the following deposit methods at BetMGM Virginia:

  • Debit/Credit Card (Visa, MasterCard, American Express, Discover)
  • PayPal
  • Skrill
  • PayNearMe Locations
  • Electronic Bank Transfer
  • BetMGM Play+ Card
  • VIP Preferred E-Check

If BetMGM partners with one of the Virginia casinos opening in 2022 and 2023, they could also accept cash deposits and withdrawals at the casino cage. Otherwise, the only way to deposit using cash is through PayNearMe locations like 7Eleven, Walgreens, and elsewhere.

The cashout methods at BetMGM Virginia include:

  • PayPal
  • Skrill
  • BetMGM Play+ Card
  • VIP Preferred E-Check

Check by mail will also be an option, although it isn’t a deposit option.

BetMGM Virginia makes it easy to deposit and withdraw money both via the website and the mobile app. If you have your credit or debit information preloaded on your device, you can add money to your account in seconds, and it’s instantly available.

We get into more detail about the security and privacy offered by BetMGM Virginia further down this review. But with state-of-the-art SSL encryption and transparent terms and conditions, you can perform transactions through BetMGM with confidence.


The BetMGM Sportsbook mobile app is tied with DraftKings as the industry’s best. These are the only two platforms with a 4.8 out of 5.0 from over 10,000 reviews in Apple’s App Store. 

And that’s no small feat. Many bettors take their frustration over a losing bet and channel it toward a negative app review. It just comes with the territory. But despite that reality, BetMGM maintains an exceptional score. 

BetMGM Sportsbook is also currently available for download in the Google Play Store. The quality of the BetMGM Sportsbook app for Android mirrors that of its iOS counterpart.

Out of all the other sports betting apps in the US, BetMGM is a top-rated choice for the following reasons:

  • All bets offered on the website are also offered on the app
  • The design is intuitive yet robust, giving you everything you need to place as many wagers as you want – while still keeping things clean and simple
  • Highly stable, rarely (or never) freezing or quitting unexpectedly
  • The same app for all states. No need to download a separate app for Virginia

You might think those qualities would be standard. Instead, they’re qualities unique to the best of the best.


If you don’t care about betting on obscure international markets, then BetMGM Virginia is perfect. Put another way: if all you care about are the quality of odds for major professional sports, then BetMGM Virginia is perfect. It’s always smart to shop around for the best odds before placing a bet. And for that reason alone, joining the BetMGM Sportsbook in Virginia is a smart move.

Is BetMGM Sportsbook In Virginia Legit?

The Virginia Lottery is the state’s regulatory body, and they meticulously vet and approve all sportsbook applications. They utilize certification labs to verify the legitimacy of all potential sports betting operators, and only brands that pass every rigorous stage of auditing will be available in Virginia.

MGM World-Renowned Sports Betting App

Beyond local notoriety, the MGM brand is a world-renowned entertainment company that routinely proves its legitimacy. From the awe-inspiring MGM Grand on the Las Vegas Strip to one of the highest quality sports betting apps in Virginia, MGM maintains its stellar reputation across the board.

BetMGM Odds Are Highly Competitive

The odds at BetMGM aren’t just fair, they’re often the best. Illegitimate sportsbooks designed to get around state laws will often charge hefty commissions. Where BetMGM will charge the standard 10% for the vig, illegitimate sites will charge 20% or more.

Why Choose BetMGM Virginia Over Illegal Betting Sites?

For every good reason you might have to join an illegal betting site, there’s an even better reason to join BetMGM Virginia instead.

If you’re going with an illegal site because they offer a better welcome bonus, make sure to read the terms and conditions carefully. Often, these sites will hide large wagering requirements, such as 10x your deposit and bonus. That means a $50 deposit with a 100% bonus would require $1,000 of wagering before you could receive any winnings.

Why Can You Trust BetMGM Sportsbook Virginia With Your Money?

It’s always a good idea to read through the privacy policy and security information before doing any transactions on a website. That’s just as true for a legal online sportsbook in Virginia like BetMGM as it is for an online clothing store.

Thankfully, BetMGM has a detailed “Security and Privacy” section on their help page that details how they protect your information, and what they do with any of the data you generate as a user on the BetMGM site or app. 

Of course, no online security is 100% guaranteed. But BetMGM has the measures in place— many of which are required by Virginia law—to protect all information as best as possible.

BetMGM Sportsbook In Virginia Fact Sheet

How old do you have to be?21-years-old
In which states is it legal?AZ, CO, DC, IL, IN, IA, KS, LA, MD, MI, MS, NJ, OH, NV, NY, PA, TN, VA, WV & WY - Note: Offer not available in NY, NV, or MS
BetMGM VA Final Score
If you don’t care about promotions or betting on obscure international markets, then BetMGM Virginia is perfect. Put another way: if all you care about are the quality of odds for major professional sports, then BetMGM Virginia is perfect. It’s always smart to shop around for the best odds before placing a bet. And for that reason alone, joining the BetMGM Sportsbook in Virginia is a smart move.
Bonus & Promotional Grade
Odds for Competition
Market Depth & Variety Grade
Deposit & Cashout Grade
Mobile App Grade
Reader Rating2 Votes
Excellent app with an easy user interface
Great selection of deposit and withdraw options
Bonus is average

BetMGM Virginia Sportsbook FAQ

What Is The Age Requirement In Virginia For The BetMGM Sportsbook?

21. You have to be at least 21 years old to join BetMGM in Virginia. That age requirement applies to all online sportsbooks in the Commonwealth. You will also need to be at least 21 to visit one of the upcoming Virginia casinos.

However, you can win money on sports if you’re 18 and older by playing Daily Fantasy Sports (DFS). You can also bet on the horses both online and in-person in Virginia if you’re 18 years old. 

Do You Need To Be Physically Inside The Commonwealth To Bet At BetMGM Virginia?

Yes, you need to be physically located inside Virginia to place a bet at BetMGM Virginia. State law dictates that an online sportsbook cannot accept a wager if the bettor is outside of state lines, which is why you need to have location tracking turned on to place a bet at BetMGM.

However, you can do everything else on the app from anywhere in the US. This includes signing up, making a deposit, and cashing out your winnings. 

How Do You Receive Your Winnings From BetMGM Virginia?

Choose your banking method and request a withdrawal. You can receive your winnings from BetMGM Virginia via PayPal, Skrill, BetMGM Play+ Card, VIP Preferred E-Check, or check in the mail. You must have at least $20 in your account to cash out. Withdrawal requests are usually approved within 24 hours. The speed of the transfer depends on the method chosen, but PayPal and Skrill often receive withdrawals in minutes.

Is In-Play Betting Allowed At BetMGM Virginia?

On professional sports. In-play betting is allowed at BetMGM Virginia on all professional sports, but not college-level sports. 

That means you can place bets after the game has started on US professional leagues like the NFL, NBA, and MLB as well as international leagues like the English Premier League and Aussie Rules football.

However, you cannot place an in-play bet on a college sporting event of any kind.

Does BetMGM Virginia Offer Any Welcome Bonuses And Other Promotions?

BetMGM Virginia offers a risk-free bet up to $1,000 for all new members. If the bet is lost, the wager is refunded to your account to use as you please. You can even cash out the refund. If the bet is won, you receive the bet and the winnings, and you’re free to cash out the full amount.

BetMGM also offers ongoing promotions such as specialty parlays, odds boosters, and beyond. Through the BetMGM Rewards loyalty program, you can also earn comp points for bonus money, promotions, and in-person rewards at MGM properties.

Where Do I Need To Go To Join The BetMGM Sportsbook In Virginia?

You can join the BetMGM Sportsbook from anywhere. Registering for an account does not require going to a specific location like it does in other states. However, you do need to be physically located within the Commonwealth of Virginia to wager. So you should wait to register until you’re inside the state and ready to bet. Otherwise, the $1,000 risk-free bet welcome offer could expire by the time you can use it.

About the Author

Mike Epifani

Mike Epifani (shown here at Caesar's Palace Las Vegas) is an experienced online gambling writer who specializes in online casinos and sports betting sites. From the nuances of bonus offers to winning strategies and beyond, his insights have helped countless remote bettors keep more of their money while having fun and staying safe.