Bonuses and Promotions
Odds Vs. The Competition
Market Depth & Variety
Deposit & Cash Out
Sports Illustrated Sportbook is now available as a licensed and legal option for Virginia sports bettors. Bettors can use promo code SI200 to access a welcome bonus of $200 in free bets after wagering $20.
Also known as SI Sportsbook, this sports betting app is good for novice and expert bettors alike. You’ll find a healthy selection of sports available to bet on at SI Sportbook Virginia that will satisfy both mainstream and niche bettors. Its sports betting app is fairly intuitive and easy to navigate.
If you want to learn more about SI Sportbook Virginia, follow along as we review its offerings and how they could benefit bettors.
Sports Illustrated Sportsbook Virginia Promo Code 2022
SI Sportsbook has a unique take on the welcome offer. If new users make a bet of at least $20 (min. odds -200), they receive $200 in the form of eight $25 free bets.
Term and conditions apply.
|Sports Illustrated Sportsbook Virginia Promo Code||SI200|
|Terms and Conditions||New users only; must be 21+. Additional terms and conditions apply.|
|Signup Bonus||Bet $10, Get $200 (Eight $10 Free Bets)|
|States Where Sports Illustrated Sportsbook Is Available||CO, MI & VA|
|Promo Code Verified For||November 2022|
SI Virginia’s sign-up bonus is fairly small, but it is in the form of free bets, which are a rare gift from sportsbooks. Make a $20 bet at minimum odds of -200 and receive $200 in free bets, win or lose. You must use the free bets within seven days after they are issued. The free bets will allow new users to become better acquainted with the SI Sportsbook app, too.
Beyond the sign-up bonus, SI Sportsbook offers an ongoing Perfect 10 promotion for existing customers. This free weekly predictor game is held each Monday, Wednesday, and Friday. Pick the winner of 10 selected games and you can win $10,000 in free bets. SI Virginia also gives you free bets depending on how many games you predict right.
Does Sports Illustrated Sportsbook Deal Competitive Odds?
SI Sportsbook offers decent odds, but it checks in a touch below industry leaders such as DraftKings and FanDuel. Let’s compare moneyline odds on the May 27 NHL Playoff game between Colorado and St. Louis at SI Sportsbook, DraftKings, and FanDuel. Moneyline odds are offered on teams to win the game outright without regard to the final score.
|Team||SI Sportsbook ||DraftKings||FanDuel
Colorado was a road favorite at St. Louis. Sportsbooks charge a fee to handle your bet. This is known as the vig. Based on the odds offered at SI Sportsbook, the vig computes to 4.21%. That compares to 3.08% at DraftKings and 4.42% at FanDuel.
All things considered, you’d want to make a bet on the Avs at DraftKings because they have the best odds available at -165. FanDuel had the best odds on St. Louis at +146. It’s important to note that no single sportsbook will offer the best odds on every game.
That’s why it’s important to have multiple accounts at different sportsbooks. This will give you the ability to compare odds at different books, and ultimately, find the best odds for every bet you make.
Sportsbooks walk a fine line between offering enticing odds and being mindful of their theoretical hold. That is the expected profit they hope to realize in a given betting market.
How Do Spreads & Totals Work?
These are the most basic wagers in sports betting and also some of the most popular. Point spreads add or subtract points from a team’s final score. If the Washington Commanders are getting +4.5 points against the Green Bay Packers, they can lose the game by four points and still cover the spread. Scour the industry for +5 points if you’re betting the underdog Commanders. You’d never bet +4.5 if +5 is available.
If the total for Commanders-Packers is 47.5, over bettors need a minimum of 48 points scored in the game to cash their bet. Under players can have a maximum of 47 points scored to win their bet.
Shopping Around for the Best Futures Odds
When it comes to futures odds, be absolutely sure to compare odds across the market. These types of odds can fluctuate greatly. Futures odds are available on an outcome or event that takes place in the future. Let’s use the World Series as an example.
|Team||SI Sportsbook ||DraftKings||FanDuel
You can see that the odds on the betting favorite are different at all three sportsbooks. The discrepancies can be even bigger when you go down the oddsboard. Again, it always pays to shop around for the best odds for your bet.
SI Sportsbook offers a wide range of sports. Its A to Z list of sports include:
- Aussie Rules Football
- Motor Racing
- Table Tennis
That’s a fairly robust list of sports. One standout feature on the list is eSports, which typically aren’t available at commercial sportsbooks. You’ll also find a variety of bets to be made at SI Sportsbook.
Straight bets can be made using the point spread, which adds and/or subtracts points from the teams’ final scores. If you’re betting the Washington Commanders -3 vs. the Dallas Cowboys, the Commanders need to win by four points to cover the spread.
With moneyline bets, you simply need your chosen team to win the game outright. The final margin of the score does not matter.
These are also known as over-under bets. The game’s total is the combined number of points scored by both teams. You’re betting “under” or “over” the game’s posted total.
Prop bets are wagers not directly related to the actual outcome of the game. The number of strikeouts a pitcher will have is a good example of a player prop. Team props are also available. Which team will be the first to score 20 points in the game? That’s a team prop bet.
Live bets are also known as in-game wagers. They are made after a game has started. New odds are released on a real-time basis depending on how the game is progressing.
Parlays are wagers with multiple bets (or legs) that all have to be correct for you to win. The more legs you include, the higher the payout will be. But it’s inherently harder to win these bets. Search for free online parlay calculators that will give you your implied probability of winning and potential payout.
Teasers allow you to adjust the points in your favor. You must have at least two teams coupled in these bets, and they both must cover the adjusted point spread.
The best example of futures odds? Betting on the winner of the next Super Bowl at any time of the year. At the time of this writing, SI Sportsbook had the Buffalo Bills as the +650 betting favorite to win Super Bowl 57. A $100 bet would pay out $650 if the Bills win the Super Bowl next year.
How To Register For An SI Sportsbook Virginia Account
This is a painless process. You can start by downloading the app at the App Store (iOS users) and the Google Play Store (Android users). Then, click on our exclusive promo code above to begin the registration process.
To register: Simply provide identifying information including your name, date of birth, email address, mailing address, phone number, and social security number.
Fund your account: SI Sportsbook should offer most or all of these deposit methods, but they can differ by state. These options include online banking, credit or debit card, PayPal, Play+ prepaid card, Neteller, PayNearMe, and wire transfer. Be sure to check SI Sportsbook’s website to confirm the options currently available in Virginia.
Make your first bet: Navigate to the league of choice on SI Sportsbook’s app, tap the game of interest, and click the odds for the team you want to bet on. Enter a bet amount, confirm the selection, and submit the wager.
Withdraw your winnings: We touched on deposit methods above, but what happens when the time comes to withdraw some of your winnings? SI Virginia should offer some or all of the following options for withdrawals: online banking, credit or debit card, PayPal, Play+ prepaid card, Neteller, PayNearMe, and wire transfer. Again, please consult SI Sportsbook’s website or app for the available options in Virginia.
SI Sportsbook’s sports betting app has a 3.7 rating out of five stars at the App Store after more than 500 customer ratings. Sportsbooks, in general, sometimes receive criticism that isn’t necessarily warranted. It can stem from customers who have lost money at the respective book. Some customers have complained about the app’s performance and customer service issues. Others have written that their bets have frequently been declined.
There are some standout features on the SI Sportsbook app. The Cash Out feature allows bettors to receive some of their money before a game has finished. There is also a Betfeed feature that allows you to track the most popular bets being made on the platform in real time. Live betting is also available. SI Sportsbook has a wide swath of in-play markets including auto racing, eSports, football, and more.
SI Sportsbook’s overall grade is based on the ratings it received in the previous categories. This is a relatively new sportsbook, and like others before, it might have to experience some growing pains before it’s on par with leading sportsbooks such as BetMGM, DraftKings, and FanDuel.
Three Things You’ll Like About SI Sportsbook
We do like the sheer number of sports offered at SI Sportsbook. That’s the first thing you’ll notice. Secondly, there is an equally impressive number of different bet types that we discussed previously. Lastly, SI Sportsbook regularly offers odds boosts and enhanced parlays that can help users maximize their win potential.
Three Alternatives To SI Sportsbook
It’s always prudent to open multiple accounts at different sportsbooks because it allows you to search and find the best odds on your bets. There can be some variance in the sports betting industry, and even a half-point can make the difference between winning or losing your bet. Here are three alternatives to complement your account at SI Sportsbook:
- Best Overall App
- Sign-Up Bonus: $50 free bet with a minimum $5 deposit, and a 20% deposit match up to $1,000.
- Best Loyalty Rewards Program
- Sign-Up Bonus: Bet MGM offers a $1,000 risk-free bet for new users.
- Best For Same-Game Parlays
- Sign-Up Bonus: FanDuel offers a $1,000 risk-free bet for new accounts.
Is SI Sportsbook Legit?
Yes. SI Sportsbook is a licensed and legal operator in Virginia. All legal sportsbooks are regulated by the Virginia Lottery. As such, customers can file complaints if disputes arise in the future. SI Sportsbook also has to have proof of minimum cash reserves. The Virginia Lottery ensures transparency in all of SI Sportbook’s business dealings. As an oversight body, it also acts in the best interests of consumers and ensures prompt payouts for bettors.
Why Choose SI Sportsbook Over Illegal Betting Sites?
For all of the reasons mentioned above, chiefly. This one is really a no-brainer. Illegal sportsbooks don’t answer to any regulating body. They can often have inferior digital security systems, as well. This can compromise your money and personal information. The last thing you want is to become vulnerable to hackers and cybercriminals. Odds can often be of lesser quality at illegal sportsbooks, too. There simply isn’t a good reason to choose an illegal sportsbook over SI Sportsbook. You’ve got far too much to lose in the long run.
Virginia Sports Betting
Virginia sports betting is thriving in its second year of legal operation. The state celebrated its one-year anniversary in January 2022, the same month it established a new record for sports betting handle at over $485 million. More than $3.2 billion in sports bets were placed in Virginia during its first year of operation. The state has benefited greatly from having the Virginia Lottery as a regulator. Virginia moved swiftly in getting its sports betting industry up and running after legalization. That has not been the case in neighboring Maryland, which is still struggling to get mobile sports betting in place two years after legalization. Virginia is certainly benefiting from Maryland residents crossing state lines to make mobile bets.
SI Sportsbook —Simple Fact Sheet
|How old do you have to be to wager at Sports Illustrated Sportsbook Virginia ?||21 or over|
|Sports Illustrated Sportsbook offers legal online betting in which states?||Virginia and Colorado|
Sports Illustrated Sportsbook Virginia FAQ
Yes. SI Sportsbook is a legal operator in Virginia’s regulated sports betting market. The Virginia Lottery serves as the regulatory body in the state.
Yes, and we recommend doing so. Savvy sports bettors understand the importance of shopping for the best available odds on the market. You can only do this by having multiple accounts. It’s one of the keys to enjoying long-term success and profitability as a sports bettor.
Yes. The SI Sportsbook app has geolocating capabilities that will prevent bets from being placed outside of Virginia. You don’t have to be a Virginia resident to create an account at SI Sportsbook, though. You only need to be 21 and physically in Virginia when making a bet.
Yes. Unlike many commercial sportsbooks, SI Sportsbook does offer betting on eSports. You’ll also find a good number of niche sports on offer, too. These include Aussie Rules Football, badminton, darts, snooker, table tennis, and more.
Yes. Live or in-play bets can be made at SI Sportsbook. These types of bets are placed after a game has started and new odds are continually updated based on the flow of the competition. This is a fast-paced wagering arena that requires a strong and fast sports betting app.
By our count, there are more than 20 different sports, from Aussie rules football to volleyball.