Virginia legalized online sports betting in July 2020. And while the Virginia Lottery states that the first sportsbooks won’t launch in the state until early 2021, it’s a good idea to know what to expect, including Virginia sports betting bonuses.
Folks in the state will have a range of promotions to choose from, including risk-free bets and deposit-matching bonuses. That’s on top of a range of ongoing promotions as well, such as bet boosters and reload bonuses.
Best Virginia Sportsbook Bonuses
These are the online sportsbooks we’re almost certain will be available in the Commonwealth in 2021, and the likely bonus they’ll offer:
|Sportsbook||Bonus||Terms & Conditions|
|BetRivers||100% match up to $250||1x playthrough requirement|
|DraftKings||20% match up to $1,000||$1 released for every $5 wagered|
|FanDuel||Risk-free bet up to $1,000||Refunded in bonus cash if bet is lost.|
|William Hill||Risk-free bet up to $500||Refunded in bonus cash if bet is lost.|
|BetMGM||Risk-free bet up to $500||Refunded in bonus cash if bet is lost.|
Where Online Sports Betting Stands In Virginia
Virginia is one of the few states that will have online sportsbooks but no land-based casinos or sportsbooks. And while that will change in 2022 and 2023 with the construction of casinos in Bristol, Portsmouth, Danville, and Norfolk, that’s the reality for all of 2021.
Here are the five brands you can bet will be available first.
The Rivers Casino Portsmouth is expected in 2022 or 2023, so the land-based version of BetRivers is a ways off. But because that deal seems all but squared away, we can say with more confidence than any other brand that BetRivers Virginia will be available soon.
The BetRivers Virginia bonus will be a deposit match of 100% up to $250.
That means they’ll double your first deposit by a maximum of $250. And best of all, you only need to bet that bonus amount one time to withdraw any winnings. You can also bet on any number of events as long as the odds are -200 or longer.
The DraftKings Sportsbook is available in almost all states with legal online sports betting, so it’s safe to assume they’ll be available in Virginia. They offer one of the highest quality mobile platforms in sports betting, and many Virginians are already familiar with the Daily Fantasy Sports (DFS) side of the brand.
DraftKings Virginia will offer a 20% deposit bonus up to $1,000.
Once you make your first deposit, they’ll release $1 in bonus funds for every $5 wagered. To receive the maximum bonus, the first deposit must be $5,000, but you can also simply deposit $100 to receive $20 in bonus cash.
FanDuel, like DraftKings, is a brand that many Virginians already know because of DFS play. Both platforms are also available in most states with legal online sports betting, and the apps are second to none.
In fact, Virginians will likely find the most success by joining both FanDuel and DraftKings to compare the odds before placing a bet. That way, you maximize your win potential.
The FanDuel Virginia bonus is a single risk-free bet up to $1,000.
If the risk-free bet wins, you receive your withdrawable winnings. If the risk-free bet loses, it’s refunded as bonus cash.
William Hill is a world-renowned sports betting brand that’s most famous in the UK and Europe. However, it’s becoming a popular option in the US as well, particularly among those who enjoy betting on international competitions, such as the English Premier League or Aussie Rules football.
William Hill Virginia will offer new players a risk-free bet up to $500.
The bet is refunded as bonus cash if it loses. But if it wins, it’s simply a win in your account, so you can wager without a worry in the world.
Casino lovers in Virginia are likely already familiar with the MGM National Harbor Casino. And while it’s technically located in Maryland, that state just legalized sports betting as well. So sometime in 2021, MGM National Harbor will have a retail sportsbook where you can bet on sports in person.
In the meantime, you can play BetMGM Virginia, a high-quality sportsbook with competitive odds, great ongoing promotions, and an app as good as DraftKings.
The BetMGM Virginia bonus will be a risk-free bet up to $500.
If the risk-free bet is a winner, you can cash out your winnings or leave them in your BetMGM account for more play. If it loses, you receive the amount as bonus cash.
Virginia Sports Betting Bonuses Explained
Most of the Virginia sportsbooks will have several promotional opportunities for both new and established members. Virginia will surely be a competitive market, so there’s a chance that folks in the Commonwealth will have exclusive offers at their disposal.
But even if the layout of sports betting bonuses is exactly as expected, bettors in Virginia will have their choice of many different options, including no deposit bonuses, deposit matching bonuses, risk-free bets, and beyond when signing up for sports betting apps.
No Deposit Bonus
A no deposit bonus is when you receive free bonus money just for signing up at the sportsbook. This means creating an account, which includes providing your personal information. You may also need to confirm your email and phone number to unlock the bonus offer.
DraftKings was offering a no deposit bonus for a limited time. So there’s a decent chance that DraftKings Virginia will have a no deposit bonus offer for new players.
Deposit Match Bonus
A deposit matching bonus is when the sportsbook matches your deposit by a certain percentage. There will also be a maximum amount.
For example, the BetRivers Virginia deposit matching bonus is 100% up to $250. Let’s say you deposit $50. BetRivers Virginia would then put an additional $50 in your account, giving you a total of $100 to bet with. If you go for the max, you’d have $500 to bet with.
Unfortunately, deposit matching bonuses are more common for online casinos than for online sportsbooks. But they do exist in sports betting, BetRivers Virginia being a prime example.
Risk-Free Bet Bonus
A risk-free bet is exactly how it sounds. You can place a single bet up to a maximum amount without the risk of losing. If you win, you get to keep the winnings. And if you lose, the bet is added back to your account, usually as real money that you can bet with or withdraw. However, in some cases, the refunded amount is bonus money that’s tied to rollover requirements.
A playthrough requirement indicates how much you need to wager before you can make a withdrawal. A common playthrough requirement is 5x, meaning you’d need to wager up to 5x the bonus amount before you can cash out your winnings.
At BetRivers Virginia, the playthrough requirement is 1x for their deposit bonuses. At most online sportsbooks, the playthrough requirement for a refunded risk-free bet is 1x as well.
Playthrough requirements (also called rollover or wager requirements) are part of the terms and conditions tied to bonus offers. All bonuses that give you free money for creating an account or making a deposit have this stipulation.
How To Get Bonuses For Online Sportsbooks In Virginia
If you’re at least 21 years old and physically located anywhere within the Commonwealth of Virginia, you can join as many legally licensed online sportsbooks as you like. That means you have unfettered access to all the different bonuses.
Step 1: Find The Sportsbook
We make it easy to quickly find the best sports betting sites and apps in Virginia. But if you’re playing on your mobile device, you’ll want to make sure that you:
- Download the app specific to your state, such as BetRivers Virginia.
- Download the sportsbook app, not the DFS or Casino app.
- Have enough room on your device.
Android users will need to download the app directly from the sportsbook website, as the Google Play store doesn’t list gambling apps. Apple users must download directly from the App Store.
Step 2: Join The Sportsbook
The steps to sign up at an online sportsbook are simple and a lot like signing up for any online store. Make sure your name and address match your payment method and ID to avoid any confusion if you’re asked to further verify your identity.
With a no deposit bonus, joining may be all that’s required to begin betting with bonus money.
Step 3: Make A Deposit
The most common bonus offers at Virginia sportsbooks are deposit matching bonuses and risk-free bets. Both require a deposit, and the amount of the bonus or risk-free bet is based directly on the deposit amount. Make sure you use the promo code (if one is needed) during signup or before making the deposit as well.
To maximize the offer, deposit the maximum amount.
Sports Betting Bonuses In Virginia FAQ
18 and 21. The gambling age to play the lottery, horse race betting, and Daily Fantasy Sports in Virginia is 18 years and up. But you must be at least 21 years old to bet at the online sportsbooks. Retail sportsbooks and casinos in Virginia will likely also require guests to be 21 when they open in 2022 and 2023. However, tribal casinos and sportsbooks may allow gamblers 18 and up. Time will tell.
Yes. There is no limit to how many online sportsbooks you can join in Virginia as long as they’re legally licensed in the state. And at each one, you can take advantage of the bonus offers. In fact, you can join all of them if you so choose.
The advantages of joining multiple sportsbooks go beyond claiming all the bonus offers. You can also compare the odds before you place a bet to ensure you’re getting the highest payout potential.
1x to 6x. In sports betting, it’s rare that playthrough requirements are higher than 5x the bonus amount. For example, DraftKings Virginia will release $1 in bonus cash for every $5 wagered up to $1,000, and that bonus cash is tied to a 1x wagering requirement, which is essentially a 6x playthrough requirement. But at BetRivers Virginia, the 100% deposit match bonus up to $250 is tied to a mere 1x playthrough requirement.
Bonus abuse is finding a loophole in the bonus terms and conditions to cash out bonus money while minimizing the risk. However, terms and conditions at legally licensed Virginia casinos ensure that bonus abuse isn’t possible. You usually have to use your bonus money on odds longer than -200, and playthrough requirements are strictly enforced. At the end of the day, it’s not something you have to worry about if you follow the terms and conditions laid out beneath the specific bonus offer.
20% deposit bonus up to $1,000. The DraftKings Virginia bonus offer will likely be a deposit match of 20% for a maximum bonus amount of $1,000. They credit your account with $1 in bonus money for every $5 in real-money wagers placed. That means you’ll need to deposit $5,000 to receive the maximum amount. DraftKings Virginia may also offer no deposit signup bonus as well as exclusive pre-launch offers.
Risk-free bet up to $1,000. FanDuel Virginia invites new members to place a bet as high as $1,000 risk-free. Odds need to be -200 or longer. If the bet loses, the money is refunded to your account, and you can do whatever you want with it, including cashing out. If the bet wins, your winnings are paid out, and you can withdraw the total amount as well. If you take advantage of this promo, we recommend going for the max, as it’s a risk-free offer.