Caesars Virginia Promo Code & Sportsbook Review 2022

$1,500
Risk-Free Bet - T&Cs Apply
4.7
Overall
Bonuses and Promotions
5.0
Odds Vs. The Competition
5.0
Market Depth & Variety
4.5
Deposit & Cash Out
4.5
Mobile App
4.5

Caesars Sportsbook is officially live after rebranding William Hill Sportsbook last year. This mobile sportsbook is renowned for its flexibility, excellent betting odds, wide and varied betting markets, and fantastic rewards program that inspires players to keep using the app throughout their favorite sports seasons.

Caesars Rewards, which went live on the app late last year, is a six-tier program that allows users to collect rewards points and exchange them for online free play or on-site credit at 50 Caesars locations. It’s one of the best in the industry and certainly a great reason in itself to join the app.

Claim your $1,500 as a risk-free bet at Caesars with promo code SHARPBET15

Risk-Free Bet
Banking Options
Strong Odds

See Caesars in Action

 

Caesars Virginia Sportsbook Promo Code 2022

Use our exclusive Caesars Virginia promo link and get $1,500 as a risk-free bet! Sign up now and use code SHARPBET15.

Term and conditions apply.

Caesars Virginia Promo Code  SHARPBET15
Risk-Free BetUp to $1,500
What States Allow Caesars SportsbookAZ, CO, IN, IA, IL, LA, MI, NJ, NY, TN, VA & WV
Promo Code Verified ForAugust 2022
5.0
Promos

The opening bonus from Caesars is quite solid. It’s a risk-free bet of up to $1,500.  So, if your first bet loses, your money will be refunded  up to $1,500. However, it will be refunded as a credit that you can put toward another bet; it’s not money you can just withdraw.

Unfortunately, this opening bonus is only available for new Caesars Sportsbook account holders. If you already have an account with Caesars or William Hill, you won’t be able to take advantage of it.

Aside from the opening bonus, the Caesars Sportsbook also works with the Caesars Rewards program. In a nutshell, every wager you make regardless of whether you win or lose earns you Caesars Rewards Tier credits or Rewards Credits. Both of these can be redeemed for a number of prizes, including dining credits, sports tickets, free plays on the sportsbook or casino, and more.

Even better, the Caesars Rewards program includes play at in-person sportsbook locations and casinos under the broader Caesars umbrella. In short, if you frequently use this sportsbook and already visit Caesars locations, you’ll get even more rewards in a short timeframe.

All in all, the promotional bonuses and rewards opportunities from the Caesars Sportsbook are second to none.

Get $1,500 as a risk-free bet with promo code SHARPBET15

5.0
Odds

Caesars Sportsbook is one sportsbook that bettors should have quick access to. While no sportsbook has the best odds every time, Caesars Sportsbook consistently offers strong odds. Bettors should have multiple sportsbook accounts to compare and bet the best odds on every wager. Here’s why Caesars Sportsbook should be one of those accounts.

Caesars Sportsbook Point Spreads and Over/Under Odds

Point spreads and over/unders are bets on a team’s margin of victory or loss. Over/unders are wagers on the total number of points both teams score during the game.

The standard odds on these types of wagers are -110 on both sides. However, the odds and spreads are constantly changing. So, bettors have to know how to find the best spreads and the best odds. 

Finding the best spread is simple. Bettors putting money on the over or the underdog want the highest number. They want +5.5 instead of +4.5. The opposite is true for under and favorite bettors. They want the -5.5 instead of the -4.5. Here’s that analysis in real life:

 Caesars SportsbookBetRivers
FulhamO 3.5 +140O 3.5 +133
LiverpoolU 3.5 -170U 3.5 -165

On this line, both sportsbooks have the same over/unders. So, it comes down to the odds. Caesars has better odds on Fulham, and BetRivers has better odds on Liverpool. So, bettors would place different bets at different books depending on the odds. It’s a critical lessons for bettors who want to reduce their losses. 

Caesars Sportsbook Best Moneyline Odds

Moneylines are bets on who will win a game, regardless of the final scores. Comparing moneyline odds is easy. All bettors have to do is find the highest odds on the team they want to bet on, like the lines below:

 Caesars SportsbookBetMGM
Miami Marlins+115+105
Washington Nationals-135-130

On this set of odds, Caesars has better odds on the Marlins. BetMGM has better odds on the Nationals. These differences are small, but they make big differences over time. Bettors need to get used to embracing these small differences to reduce their long-term losses. 

Best Caesars Futures Odds Compared to Competitors

Futures bets are wagers on a season’s outcome. Those are bets on championship games and award and division winners. Bettors can tell how strong a book’s futures odds are overall by measuring a book’s theoretical hold. Theoretical hold is the money a book expects to keep after paying winnings. Books with a high theoretical hold have lower odds overall. So, lower theoretical hold gives bettors higher odds.

However, these statistics can be misleading. A high-hold book can have the best odds on one line. Here’s an example of that analysis:

 Caesars Sportsbook DraftKings
NFL Futures Theoretical Hold17.03%18.10%
Green Bay Packers+1100+1000

Caesars has a slightly lower theoretical hold than DraftKings. However, the difference is small enough not to matter. Caesars also has competitive odds on the Packers, showing how large futures odds differences can be. 

These differences are why it’s so important to have multiple sportsbook accounts at good sportsbooks.

4.5
Depth

Caesars Sportsbook offers slightly different betting menus and bonus options in each state in which it operates. Some states, for example, have access to more international betting markets at Caesars Sportsbook than others.

In all states in which it operates, however, bettors can count on Caesars for a deep menu of domestic sports betting markets. All of the major sports leagues from the US are covered by Caesars. Furthermore, Caesars is one of the primary sports wagering partners of the NFL, so it has plenty of betting markets for this professional sports league in particular.

Within each pro sport lies a vast number of ways to bet on each game. A typical NFL game, for example, allows moneyline, point spreads, totals, prop bets, alternate lines, and live betting.

International sports on the Caesars menu include multiple soccer leagues, Korean baseball, Aussie Rules Football, rugby, table tennis, and other sports. The selection of overseas sports doesn’t quite reach as far as some other competing sportsbooks, but that’s to be expected given Caesars’ US focus.

However, Caesars also has a great spread of sports betting markets for soccer enthusiasts. For example, its soccer section has many different leagues and divisions for you to check out, including the Premier League, Bundesliga, and La Liga.

All in all, Caesars’ market depth and variety are quite good, even if it isn’t the best when it comes to international markets.

Caesars Sportsbook launched in Arizona on September 9 in a partnership with the Arizona Diamondbacks. Louisiana and Maryland are expected to launch sports betting by the end of the year, and Caesars has a good chance of launching there as well. Especially in Maryland as the state will approve up to 60 licenses for online sports betting apps.

4.5
Cashout

Caesars Sportsbook operates as one of the biggest sports betting brands in the US market. Perhaps not surprisingly, the platform offers one of the biggest selections of ways to deposit and withdraw from your account.

Some of the most convenient deposit options include ACH/eCheck, credit/debit cards (Visa, MasterCard, and Discover), PayPal, PayNearMe terminals at 7-Eleven and similar convenience stores, and cash cage deposits. All of these methods can be used to instantly fund your sportsbook account.

The bank will sometimes decline ACH/eCheck and credit/debit card deposits, however. PayPal makes an excellent option for both deposits and withdrawals, with a nearly 100% approval rate on transactions.

However, note that Caesars doesn’t currently have a land-based casino in Virginia. As a result, the cash cage method of funding will not be available (at least for the moment).

Aside from credit/debit cards and PayNearMe, many of the above methods can also be used to cash out from the sportsbook. You can withdraw your winnings from casino cash cages, ACH or e-check transfers, PayPal transfers, or PayNearMe stations. While it’s unfortunate that you can’t make a direct bank transfer on Caesars, this app still gets good marks in this category.

4.5
App

The Caesars Sportsbook mobile app expands online sports betting into a truly mobile experience. The platform’s entire menu of betting options transfers to the mobile app, which is available for both Apple iOS and Android devices.

Using the mobile sports betting app, you can bet from anywhere within Virginia borders from your smartphone or iPad. The Apple iOS version of the Caesars Sportsbook app can be downloaded from the App Store.

The Caesars mobile app gets an average of 4.5/5 out of more than 2,000 reviews from iOS users. Though the mobile app is almost identical to the layout of the desktop app, it’s well-designed and intuitive to navigate through. Caesars has done a great job of downsizing all of the app’s major screens and menus.

The selection of overall sports is situated on a slider near the top of the lobby. Plus, the app almost always runs smoothly, even during high-traffic events like the Super Bowl or March Madness.

Players will also appreciate the ability to cash out early from a wager if it looks like it’s going south. This could allow you to save your money and spend it elsewhere if you don’t want to lose a big sum on a bad bet.

Android users can download the Caesars app directly from the Google Play Store, which now allows real-money gambling apps. They can also find their version of the app at the Caesars Sportsbook website.

Overall, the Caesars mobile app is one of the best in the industry and it offers all of the same features as the browser-based client, including access to the expansive rewards program mentioned earlier.

4.8
Overall

Our overall rating for Caesars Sportsbook comes as an average of the five categories overviewed here. The Virginia sports betting market should unfold as one of the most competitive in the US. A dozen sports betting brands will battle for market share, and Caesars will compete with DraftKings, FanDuel, BetRivers, and others for its piece of the market. Virginia bettors will find Caesars Sportsbook as a worthy product to have at their disposal. The quality of the Caesars platform backs its reputation as one of the world’s most reputable sportsbooks.

Is Caesars Sportsbook Legit?

Caesars Entertainment has gone through some name changes, but it has an extensive history and many years of success operating in a variety of US states. Over time, the brand grew to build or buy many more casino locations, and eventually expanded into the online sphere.

Caesars purchased William Hill for $3.7 billion. The deal concluded in April 2021.

Other factors that verify Caesars Sportsbook as legit include:

Acquisition By Caesars Entertainment

The above-mentioned September 2020 acquisition brought William Hill into the fold under the Caesars Entertainment banner.

Why does this matter? Caesars wouldn’t have purchased William Hill if it didn’t have the legitimacy to back up the buy.

Operations Across The US

Caesars operates retail and/or online sportsbooks in more than 15 states and territories. In all of those jurisdictions, the company made it through a vigorous regulation and vetting process from state gaming agencies.

The Virginia Lottery applied a similar process to Caesars’s application to operate in Virginia.

Sports Betting Is Legal In Virginia

Caesars VA took one of up to a dozen sports betting licenses allocated by the Virginia Lottery. Sports betting became legal in Virginia in July 2020 and launched at the beginning of last year.

Caesars, along with the other sports betting brands approved by the Virginia Lottery, operates as a state-regulated, government-approved sportsbook.

Sponsorship With ESPN

A multi-year sponsorship deal between Caesars Entertainment and ESPN puts Caesars branding all over ESPN’s digital assets.

ESPN wouldn’t make such an agreement if Caesars Sportsbook wasn’t a legitimate company.

Why Choose Caesars VA Over Illegal Gambling Sites

The list of sportsbooks regulated and approved by the Virginia Lottery gives bettors in the state a dozen different legal mobile sports betting apps. That group includes brands like Caesars, DraftKings, FanDuel, BetRivers, and several other brands that operate within US laws and regulations.

Illegal bookmakers and offshore sports betting sites, however, won’t make that list. All approved and legal sportsbooks display the seal of approval from the Virginia Lottery.

Any online gambling site operating in Virginia without that seal is doing business illegally in the US. These sites aren’t worth your time when you have access to so many legal sportsbooks.

Consider a couple of reasons to choose Caesars Sportsbook over an illegal bookmaker:

Caesars Sportsbook’s Reputation

A worldwide outfit like Caesars Sportsbooks operates with player safety and customer satisfaction in mind. The company conducts business with a keen interest in making sure players can wager safely and with no doubts about the payout process.

The Virginia Lottery’s oversight adds another layer of protection for bettors at Caesars Sportsbook. With all of that in mind, you can put your money down at Caesars knowing you can cash out safely at any time.

Illegal Bookmakers Operate Without Regulation

Offshore betting sites don’t operate within US laws. There’s no oversight from a gaming regulation agency like the Virginia Lottery, and unfortunately no legal recourse for players in the case of a payout dispute.

When you deposit at an offshore site, that might be the last time you see that money. At any given time, an offshore site might decide they don’t want to pay you, and there’s not much you can do.

Offshore sportsbooks also operate under constant threat of legal action by US law enforcement. You don’t want to build up a big balance at an illegal gambling site and wake up one day to find the FBI has seized the site.

Can I Trust Caesars Sportsbook With My Money?

Online sportsbooks can’t operate if the security of funds is an issue. Keep in mind that the sportsbook facilitates millions of dollars in transactions each month.

A platform like Caesars Sportsbook must put the highest priority on the protection of money. Both your bankroll and the house’s money are protected by the highest level of encryption and other security features.

Much like a major retail outlet or international bank, legal online gambling sites must always stay on the cutting edge of security protocols. Anything less puts billions of dollars at risk and puts the sportsbook in danger of losing its reputation and client base.

You can deposit and withdraw from Caesars Sportsbook knowing that your money is safe. The same can’t be said for offshore gambling sites.

Caesars Sportsbook Virginia: The Facts

How old do you have to be to wager at Caesars Sportsbook?21 or over
In what states does Caesars Sportsbook offer legal online betting?AZ, CO, IN, IA, IL, LA, MI, NJ, NY, TN, VA & WV
Who is Caesars Sportsbook’s land-based casino partner in Virginia?Caesars Entertainment
Caesars VA Final Score
Virginia bettors will find Caesars Sportsbook as a worthy product to have at their disposal. The quality of the Caesars platform backs its reputation as one of the world’s most reputable sportsbooks.
Bonus & Promotional Grade
Odds for Competition
Market Depth & Variety Grade
Deposit & Cashout Grade
Mobile App Grade
Reader Rating1 Vote
Pros
Largest retail footprint in the US
Biggest risk-free deposit bonus
Cons
International betting markets are middling
4.8

Caesars Virginia Sportsbook FAQ

Is it legal to bet on the Caesars VA app?

Yes. The Virginia Lottery approved William Hill to operate in Virginia, then Caesars once it took over the former. William Hill’s sportsbook launched early last year, making it the fifth sportsbook to operate in Virginia. It rebranded to Caesars over the summer.

Does Caesars have a land-based casino partner in Virginia?

Caesars Entertainment has a land-based property under construction in Danville. This casino applied for an online sports betting license and launched the Caesars Sportsbook app under that license. The casino is expected to open in late 2023.

Do you have to be located in Virginia to wager on the Caesars Sportsbook app?

Yes. Virginia laws mandate that players must be located within state borders when betting on a regulated sports betting site.

Caesars VA utilizes geolocation technology to determine a user’s location when they try to make a bet. You don’t have to be a Virginia resident to bet, but you must be in Virginia at the time of your wager.

How do I get paid by Caesars Sportsbook if I win?

Caesars Sportsbook offers several convenient ways to cashout right from your desktop or mobile device.

Options include PayPal, PayNearMe terminal withdrawals, ACH/eCheck, and cash cage withdrawals. Most of these methods take about 2-5 business days for the cashout to appear in your account.

Does Caesars Sportsbook offer in-play betting?

Yes. Many of the games offered at Caesars Sportsbooks include in-play betting markets. The odds and lines for in-play markets change rapidly throughout the game, making this kind of betting a natural fit for a mobile sports betting app.

Virginia does not allow in-play betting on college matches, however.

How old do you have to be to place sports bets in Virginia?

21 or older. The minimum age to place a legal sports bet at either a land-based or online sportsbook is 21 by Virginia law.

About the Author

Geoffrey Fisk

Geoff Fisk is a San Diego-based freelance writer, specializing in the poker and gambling industries. He’s written for numerous platforms and has traveled the globe as a live poker tournament reporter. Geoff’s interests include the legal online poker industry in the U.S. and abroad.