Visit: BetMGM Virginia
The bottom line is that the BetMGM Sportsbook in Virginia is among 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.
However, the welcome bonus is a slightly better than standard risk-free bet up to $600, which doesn’t stack up next to major in-state competitors like DraftKings, FanDuel, and BetRivers.
But the ongoing promotions help compensate for the relatively lackluster intro offer. And the iRewards loyalty program rewards members on an ongoing basis, with bonus offers, comped rooms at MGM properties, and more.
Best BetMGM VA Bonus Code For 2021
New users who sign up using our exclusive BetMGM Virginia bonus code: SHARP and get a $600 risk-free bet. Terms and conditions apply.
|BetMGM Virginia Bonus Code||SHARP|
|Risk-Free Bet||Up to $600|
|What States Allow BetMGM Sportsbook?||VA, CO, IN, IA, NJ, NV, PA, TN, WV, MI|
|Promo Code Verified For||February 2021|
BetMGM Sportsbook Bonus And Promotional (4/5)
This is the only category where the BetMGM Virginia Sportsbook falls short, which is especially unfortunate because we like to keep this part close to the top of our reviews. Many new sports bettors are on a mission to get all the welcome bonuses, so we make sure they’re easy to find quickly.
The BetMGM Sportsbook in Virginia offers a risk-free bet up to $600. That’s a decent enough offer, but it’s not impressive compared to other options in the state.
To put it into perspective, the FanDuel Virginia welcome bonus is a risk-free bet up to $1,000, and other brands offer deposit-matching bonuses and no-deposit free bets.
Still, the risk-free bet up to $600 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.
With all that said, BetMGM has some good ongoing promotions, particularly surrounding the start of a new season or an upcoming tournament. BetMGM also rolled out the Parlay Plus promotion in 2021, which boosts the payout potential of any 4-7 parlay by up to 40%.
Further, the iRewards 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.
BetMGM Virginia Odds Versus The Competition (5/5)
The odds at BetMGM Virginia are on par with (or better than) any other platform available in the state. Its biggest competitors for best odds include FanDuel and DraftKings, two titans of the sports betting industry that have stiff competition with BetMGM.
The nature of setting odds means that in some cases, BetMGM’s odds will be worse than other brands. But in terms of consistently offering the best, BetMGM is truly in a league of its own.
If you’re a futures bettor, BetMGM Sportsbook in Virginia is a must-check. This brand regularly dwarfs other options with the highest win potential.
At the time of writing this review, the 2021 NFL playoffs were a week away. If you liked the Packers to win the Super Bowl, the lines at the top Virginia sportsbooks were:
- BetRivers +160
- DraftKings +450
- FanDuel +480
- BetMGM +550
A $10 bet on the Packers winning the Super Bowl right now at BetRivers would yield $16 in winnings. The same bet at BetMGM would yield $55.
That unrivaled consistency extends to all of their events, including simple points spread and moneyline wagering. BetMGM Virginia also offers exceptional parlay opportunities, including an “Easy Parlay” section that fast tracks some of the hottest upcoming events.
BetMGM Sportsbook: Market Depth And Variety (4.5/5)
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.
However, BetMGM, DraftKings, FanDuel, BetRivers, and other US-focused brands don’t have the kind of market depth offered by international giants like William Hill or Bet365. On top of offering more sports in general, they usually have a more robust list of prop bets for international competitions.
BetMGM In Virginia: Deposit And Cashout (5/5)
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 is not expected to implement any limitations.
That means you can expect the following deposit methods at BetMGM Virginia:
- Debit/Credit Card (Visa, MasterCard, American Express, Discover)
- 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 will include:
- BetMGM Play+ Card
- VIP Preferred E-Check
Check by mail will also be an option, although it will not be available for making a deposit.
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.
BetMGM Virginia Mobile App (5/5)
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.
Unfortunately, Google Play does not allow gambling apps, even legal platforms. But the quality of the BetMGM Sportsbook app for Android mirrors that of its iOS counterpart. To download, simply visit the BetMGM website on your Android device, and you’ll be prompted with the necessary steps.
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.
BetMGM Virginia Sportsbook Overall (4.7/5)
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.
The biggest shortcoming of BetMGM Virginia is its relatively unimpressive risk-free bet up to $600. But that’s a free opportunity to win a substantial sum of money.
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?
Yes, the BetMGM Sportsbook in Virginia is legit. You can safely join, deposit, and withdraw with total confidence and peace of mind.
The Virginia Lottery Ensures Legitimacy
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.
If you ever have a dispute with an online sportsbook, you can go directly to the Virginia Lottery with your concern. This is a resource that you do not have if you choose to bet with illegal sites.
BetMGM Sportsbook Was Approved In Eight Other States
More so than any other sportsbook, BetMGM is available in a total of nine states (including Virginia) with more on the way. So not only is this company closely regulated by the Virginia Lottery, but it’s also under the purview of the New Jersey Division of Gaming Enforcement, Iowa Racing and Gaming Commission, and several others.
Many Virginians Have Experience With The MGM Brand
Most bettors in Virginia are familiar with the MGM National Harbor in the DC area. And because Maryland recently legalized sports betting as well, you can expect a retail sportsbook to open in that casino soon.
MGM Is World-Renowned
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.
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. Here are some of the many:
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.
Bigger Win Potential
It’s unlikely that you’ll find better odds at an illegal site than you would at BetMGM Virginia. But if you do, be extremely careful. The odds may be tied to an “odds booster” promotion, and the winnings could be tied to a wagering requirement. Worse yet, the sportsbook could refuse to pay out the winnings for any number of reasons.
Illegal Guarantees Are Not Legally Binding
An online sportsbook needs to be licensed with the Virginia Lottery to allow someone in Virginia to wager. Otherwise, they’re breaking state law, and you’re breaking state law by participating.
That means if they refuse to pay, you have no legal recourse. If you get a massive win, they’ll throw up barriers to make it hard to withdraw. If you get a small win, they could hike up their withdrawal minimum.
Anything won on an illegal site is up in the air until it’s in your bank account. But anything legitimately won at BetMGM Virginia is guaranteed under Virginia law.
Illegal Sites Don’t Last
Illegal sites have a tendency to disappear – along with all the money in your account. Meanwhile, even if BetMGM suddenly disappeared, the money in your account is still guaranteed under Virginia Law.
Why Can You Trust BetMGM Sportsbook Virginia With Your Money?
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.
Some of the highlights include what they do with cookies, which includes saving your preferred settings. An example would be if you prefer decimal odds over American odds. You can disable your cookies at any time to avoid allowing third-party advertisers or BetMGM from using them.
Another major concern among sports bettors is the requirement to enable location tracking on your device. This is to ensure you’re physically inside the Commonwealth of Virginia when you’re placing a bet, and all that data is protected by SSL encryption and other security measures.
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|
|What states is it legal in?||VA, CO, IN, IA, NJ, NV, PA, TN, WV|
|Who is BetMGM's partner in Virginia?||N/A|
|Launch Date In Virginia||January 27, 2021|
BetMGM Virginia Sportsbook FAQ
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.
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.
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.
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.
BetMGM Virginia offers a risk-free bet up to $600 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 refunded. 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 iRewards loyalty program, you can also earn comp points for bonus money, promotions, and in-person rewards at MGM properties.
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 $600 risk-free bet welcome offer could expire by the time you can use it.