Since its arrival in January 2021, Virginia sports betting has grown to accommodate 15 of the best sportsbooks in the U.S., like FanDuel, DraftKings, and Caesars. With that type of market competition, VA sportsbook promos are readily available.
Top Virginia sports betting promos
$1,000 in Second Chance Bets
PointsBet Review
PointsBet offers new customers up to 10 second chance bets for $100 each. If any of your first 10 cash bets on a fixed odds market loses, you'll receive a bet credit for the losing wager up to $100.
The promotion starts on the day you place your first cash bet. If your first bet of the day wins, you are not eligible for the promotion for that day. If you do not place a bet over the first 10 days, you will lose the second chance bets, and they will not be extended.
Remember: No PointsBet promo code is needed during registration.
Features
$1,000 First Bet on Caesars
Promo code: SBRBONUS1000
Features
- Largest retail sportsbook in America.
- Elite rewards program.
- Live streaming of NFL games.
Caesars Review
Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.
Features
Up to a $500 Second Chance Bet
Promo code: SBRBONUS
Features
- Large offering of alternative lines and props.
- Flexible betslip lets you set the amount you want to win.
- Live betting section is well organized.
BetRivers Review
With its solid lines and user-friendly promos, adding BetRivers to your sportsbook rotation makers a lot of sense.
Features
Bet $50, Get $111 in Fred Bets plus up to $200 a week
Features
- Global betting experience dating back to the 1960s.
- Odds are largely fair and competitive.
- Clean user interface.
Betfred Review
Betfred started life in the 1960s as a single betting shop, but look at it now! The company has transformed into a global online gambling giant. While the sportsbook here isn’t as extensive as some of its competitors, the odds are fair, and the mobile app stands out.
Features
Bet $5, Get $200 in Bonus Bets
Features
- Easy transition of funds from DFS to sportsbook.
- User-friendly interface.
- Promos and bonus plays for existing members.
FanDuel Review
FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.
Features
Get up to $350 in Bonus Bets
Features
- Lots of promos and odds boosts.
- Wide range of sports and bet types.
- Seamless integration with DFS.
DraftKings Review
DraftKings had a solid reputation as the leading DFS provider in the country, so the shift to legal sports betting felt natural. They offer one of the most voluminous collections of ongoing promos and odds boosts in the industry as they cater to the beginner crowd. However, their reputation has dwindled as outspoken CEO Jason Robins leads the charge of the anti-profitable bettor mentality that runs rampant amongst sportsbooks that are quick to limit winning players.
Features
$1,500 Back in Bonus Bets
Promo code: SBRBONUS
Features
- Some of the best live-betting odds.
- Casino Operator of the Year in 2021 and 2022.
- Good rewards
BetMGM Review
BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.
Features
Bet $1, Get $365 in Bonus Bets
Promo code: SBRBONUS
Features
- Global sportsbook.
- Quality live betting options.
- Substantial number of bets offered.
bet365 Review
bet365 is one of the largest and most popular sportsbooks globally. With a well-received mobile app, popular same-game parlays, and a wide variety of sports leagues to bet on it’s no wonder 80 million sports bettors worldwide continue to use bet365.
Features
$500 second chance bet (PA only)
Features
- Established global sports betting brand.
- Solid selection of ongoing promos.
- Competitive odds.
Unibet Review
Unibet offers its customers an excellent online betting experience. Our Unibet review feels that the company's experience as a global brand shines through with a streamlined, easy-to-use gaming platform.
Features
Virginia sports betting promos quick facts
| 🚀 VA apps launch date | January 2021 |
| ➡️ Legal betting age | 21+ |
| 🥇 Best VA bonus | DraftKings - Bet $5, get $200 |
| 📱 Sports betting apps | 15 |
| 🤔 Do promos require codes? | Sometimes |
| 🤔 Can you withdraw bonus funds? | No |
| 🏆 Most lucrative VA bonus | $1,500 in Bonus Bets at BetMGM |
| 🎰 Online casinos | No |
| 🃏 Online poker | No |
| 🎮 Betting on eSports | No |
| ☎️ Problem gambling hotline | 1-888-532-3500 |
| 🧑🤝🧑 Gambling addiction counseling | Yes |
| 🔔 VA regulator | Virginia Lottery |
All Virginia sportsbook promo codes and bonuses
Of the 15 online sportsbooks in the Virginia market, only Bally Bet doesn’t offer a specific welcome bonus. It does, however, offer new and seasoned players exclusive odds boosts. The operator will likely promote a welcome bonus soon to specifically entice prospective bettors. Aside from that, the best sportsbook promos for new users at VA sportsbooks range from $100 in value to $1,500 in bonus bets.
Remember that four operators — bet365, BetMGM, BetRivers, and Caesars — are the only Virginia sports betting apps requiring a promo code to enter at first deposit. If you forget to enter the promo code when funding your account, you’ll need to contact customer support for assistance in claiming your welcome offer.
| VA sportsbook 🏆 | Promo code ✅ | Welcome bonus 💰 |
|---|---|---|
| bet365 | SBRBONUS | Bet $1, get $365 in bonus bets |
| BetMGM | SBRBONUS | Up to $1,500 in bonus bets |
| BetRivers | SBRBONUS | Second chance bet up to $500 |
| Caesars | SBRBONUS1000 | $1,000 first bet on Caesars |
| PointsBet | No code required | $1,000 in second chance bets |
| Bally Bet | No code required | Exclusive odds boosts |
| Barstool Sportsbook | No code required | $1,000 first bet insurance |
| Betfred | No code required | Up to $1,111 bonus |
| Betr | No code required | $100 first deposit bonus |
| Betway | No code required | Bonus bet up to $250 |
| DraftKings | No code required | Get up to $350 in bonus bets |
| FanDuel | No code required | Bet $5, get $200 in bonus bets |
| Hard Rock | No code required | No Regret First Bet up to $200 |
| SI Sportsbook | No code required | Bet $20, win $200 in bonus bets |
| Unibet | No code required | $100 bonus bet |
bet365 VA welcome offer 🟢
One of the new kids on the Virginia sports betting scene, bet365 is offering new players $365 in bonus bets simply by putting down $1 on their first wager. Ensure you use bet365 promo code SBRBONUS to claim this promotion.
- New players must deposit a minimum of $10
- Once the first $1 wager is settled, bet365 will credit your account with $365 in bonus bet credits
- You earn the credits win or lose on the first bet
- Claim within 30 days of registration
Intrigued by this sportsbook promo and interested in learning more? Rifle through our full bet365 review.
| Pros | Cons |
|---|---|
| ✅ Low minimum first deposit | ❌ Smaller total value |
| ✅ Only $1 needs to be wagered on first bet | ❌ Bonus bets cannot be withdrawn as cash |
| ✅ Bonus guaranteed, win or lose |
What does the promo mean for you?
The bet365 welcome promo means new players will have $365 bonus bets to try out on betting markets outside their comfort zone.
How much money can be earned with the promo?
After bet365 credits your account with $365 in bonus funds, the sky is the limit regarding money earned with the promo. The more accurate you are with subsequent picks, the more your bankroll profits grow. You could make no money if you hit a cold streak right after the $365 bonus hits the account.
Why this bonus is better than the others
This bonus provides some of the best bang for your betting buck we've ever seen. While the $365 total amount might be less than competing sportsbooks, you only have to risk $1 to earn this offer, and you don't even have to win your first bet. That makes this promotion better than those "first bet insurance" bonuses, which typically only trigger if you lose.
DraftKings VA welcome offer 👑
The DraftKings VA welcome offer for new players up to $350 in bonus bets offer. Customers can deposit and wager $5 to earn $200 in bonus bets instantly. There is no DraftKings promo code required.
- $5 minimum bet unlocks the $200 in bonus funds
- Chopped up into eight (8) $25 individual bets
- Bonuses expire seven days after receiving
- Non-transferrable and not redeemable for cash
Additionally, you're eligible to garner up to $150 in bonus bets.
- Opt-in to receive up to three No Sweat tokens — one for however many NFL gamedays remain in the week.
- Wager on your game(s) of choice, up to $50, after applying a token.
- If your wager loses, you get your stake back ($50 max).
- So, should you do this three times, you could get $150 in bonus bets.
- Tokens are only valid until the start of the last game each gameday.
Read our detailed DraftKings review for further expert insight.
| Pros | Cons |
|---|---|
| ✅ No promo code required | ❌ Bonus amount may not interest experienced bettors |
| ✅ Only $5 qualifying wager required | ❌ Can't risk full $200 on single wager |
| ✅ Easy to read terms and conditions on app |
What does the promo mean for you?
The DraftKings promo means Virginia players can garner up to $350 in bonus bets instantly after wagering $5 on any sport. This bonus allows new players on the betting site and app to spread the wealth around using the eight individual $25 bets on moneylines, parlays, same-game parlays, and player props on sports like the NFL or NBA. It introduces novice bettors to new betting markets with hardly any risk attached. And the additional $150 bonus bets for NFL game days is a great value add.
How much money can be earned with the promo?
The amount of money bettors can earn with DraftKings Virginia’s bonus will vary. The more sports betting wins you can string together using your eight $25 bonus bets, and additional $150 in bonus bets if your team loses, the more your DraftKings bankroll will grow. Since the bonus bets are a gift, you can be more aggressive than if it was your own money and find more considerable odds without the risk.
Why this bonus is better than the others
DraftKings' welcome bonus offers new users an extremely low-risk entry point to sports betting. For a mere $5 wager, customers can earn up to $350 in bonus bets.
FanDuel VA welcome offer 🔵
FanDuel is currently providing new players in Virginia a bet $5, get $200 in bonus bets welcome offer. No FanDuel promo code is required.
- Must use the FanDuel mobile app to redeem this offer.
- A minimum $10 deposit and minimum first bet of $5 if required.
- Bonus bets will be within your account in 72 hours.
- Bonus bets cannot be withdrawn as cash and will expire within seven days.
Dig into our complete FanDuel review for a big-picture look at the sportsbook.
| Pros | Cons |
|---|---|
| ✅ Guaranteed bonus bets | ❌ Cannot withdraw bonus bets |
| ✅ Bonus can be split up into smaller wagers | ❌ Bonus bets expire |
What does the promo mean for you?
This FanDuel promo is pretty simple. Just make a new account, deposit, and place your first wager of at least $5. That's it. Win or lose, FanDuel will send some sweet rewards your way, including $200 in bonus bets.
How much money can be earned with the promo?
The promo has a $200 value, but it could be more or less than that. The true dollar figure will depend on what you do with your bonus bets. If you use them to pick winners, you could profit more than the $200 value they started at. On the other hand, if your bonus bets are used to make losing bets, you could end up with $0.
Why this bonus is better than the others
For just a $5 bet (which you could also win), you'll get $200 in value with the bonus bet. Simply put, there's no better bang for your buck when it comes to VA sportsbook bonuses.
Caesars VA welcome offer 🏛
Caesars is the welcome bonus pace car in Virginia. They offer new players a $1,000 first bet on Caesars welcome offer. Caesars promo code SBRBONUS1000 is required at sign-up.
- Sign up using promo code SBRBONUS1000.
- Make the initial deposit of $10 or more.
- Place a qualifying wager within 30 days of registration on any sports market.
- If your bet loses, you'll get your money back, up to $1,000, as a single bonus bet.
- You must use the bonus bet within 14 days, or it will expire.
For more actionable intel, read our Caesars review.
| Pros | Cons |
|---|---|
| ✅ Higher value vs other books | ❌ $10 first deposit |
| ✅ Second chance opportunity | ❌ Can’t withdraw as cash |
What does the promo mean for you?
Caesars wants you to stay a while and look around. The $250 in bonus bets are divided into five equal parts, which will hit your account over 4+ weeks. That gives you plenty of time to scope out interesting bets and explore new markets. You just have to make a $50 qualifying bet to claim the offer.
How much money can be earned with the promo?
Caesars’ new-user offer is impressively layered. Not only are you awarded the safety net of a shot at redemption should your initial wager lose — the sportsbook will refund your stake up to $1,000 as a single bet credit.
Why this bonus is better than the others
Caesars offers the highest amount of bonus bets compared to all other Virginia sportsbooks. Even DraftKings and FanDuel see their offers top out at $200. You do have to risk more on your first bet to qualify for this Caesars bonus, though.
BetMGM VA welcome offer 🦁
BetMGM’s welcome bonus is first bet insurance up to $1,500 for new players in Virginia. Not only does it require a BetMGM bonus code — SBRBONUS — but it also needs you to lose your first bet to cash in on the welcome offer.
- Requires a $10 minimum deposit.
- BetMGM will stake a losing first bet up to $1,500.
- On wagers over $50, bet insurance funds will be in five equal installments.
- On wagers under $50, bet insurance funds will be in one full installment.
- Bonuses must be used within seven days.
To discover more about the sports betting platform, read our thorough BetMGM review.
| Pros | Cons |
|---|---|
| ✅ Low minimum deposit | ❌ First bet needs to lose |
| ✅ First bet insurance wager for new players | ❌ Quick expiration date on bonus |
| ✅ One of most valuable first bet insurance offers in VA |
What does the promo mean for you?
BetMGM’s welcome offer means Virginia sports bettors enjoy a four-figure safety net on the first wager. This welcome bonus can allow more novice bettors to attack betting markets with longer (higher) odds and take on a bit more risk than if they were protecting their funds.
How much money can be earned with the promo?
If your first BetMGM wager wins, you can earn no money with this promotion. The good news is you won your first bet and can enjoy those profits without playthrough requirements before cashing out.
If you lose the first bet and wager over $50, BetMGM will provide you with five (5) bonus installments of the total value of your first bet. So, a $200 first-bet loser would equal five (5) $40 bonus bets bettors can use on moneylines, point spreads, live in-game betting, and more on popular sports such as the NHL or MLB. The more bets you pick correctly, the more money you can win using bonus funds. Just remember to read the terms and conditions before trying to cash out.
Why this bonus is better than the others
For those willing to risk up to $1,500 on their first bet, this bonus offers a rare four-figure dollar amount in the form of a second-chance bet. If you win your initial bet, then great, enjoy your winnings. If you lose, though, you can get five equal bonus bets, totaling your lost bet amount. That's a pretty good way to try and get back in the black quickly.
BetRivers VA welcome offer ⚡
BetRivers offers new players in Virginia a second chance bet of up to $500. Use BetRivers promo code SBRBONUS at the time of the first deposit.
- Second chance bet up to $500.
- Insurance on the first bet placed at BetRivers.
- Promo code: SBRBONUS at time of deposit.
Tighten up your knowledge of the sportsbook by sifting through our unbiased BetRivers review.
| Pros | Cons |
|---|---|
| ✅ $500 second chance bet | ❌ Must lose first bet |
| ✅ Exclusive bonus code | ❌ Not as valuable as some competing offers |
What does the promo mean for you?
In addition to BetRivers giving bettors peace of mind on their first bet if it loses, new players are hitching their online sportsbook wagon to an industry leader in sports betting. Rush Street Interactive has won global awards for the quality of its gaming products.
How much money can be earned with the promo?
Up to $500 can be earned with this promotion, but only if your first bet loses. If it wins, you gain the initial profits and can either continue to play or cash out with no restrictions.
Why this bonus is better than the others
While some other Virginia sportsbooks offer a $1,000 or $1,250 second-chance first bet, a $500 offer is still more than worth it. Taking advantage of multiple welcome offers can be a key factor in building up your sports betting bankroll, so don't discount BetRivers' offer just because it's less than others. A $500 bonus bet still has the potential to net you some serious profit.
How we rate and review sports betting promotions
Our editorial team works tirelessly to provide independent and thorough reviews of the best sportsbooks in Virginia. However, our critiques of the 15 current operators don’t end there. We also dig into each site’s sports betting promotions and evaluate them for value, quality, and accessibility. Here are some questions we consider when rating and reviewing VA sports betting promotions:
- What is the maximum value of the bonus?
- Are VA sports betting promos guaranteed or do they require specific actions be met?
- Are promo codes required during registration?
- What, if any, is the minimum deposit required to unlock the welcome bonus?
- Does the bonus come with an expiry date, and if so, how long do players have to redeem it?
- What are the bonus' terms and conditions and playthrough requirements?
Types of VA betting sign-up offers and bonuses
The three most common types of sign-up bonuses Virginia players will find at online sportsbooks and sports betting apps are deposit match bonuses, bet credit bonuses, and first bet insurance.
1. Deposit match bonus
Many of the best sign-up offers are deposit match bonuses. These promotions take a percentage of your first-time deposit and match it. For example, if an operator offers a 100% deposit match bonus of up to $1,000 on initial deposits, a $1,000 transaction would double to $2,000 in available site credits.
Playthrough requirements will likely be on the deposit match bonus, but the funds are real to bet with. This bonus is nice because new players earn money without having to place a bet and without needing a chance to win or lose right away.
2. Betting credit bonus
The bet credit bonus is the second-best welcome offer these days. Operators will require you to make a first-time deposit, typically a minimum of $10, and place a wager, usually $10 or less. This first-time wager unlocks the sign-up bonus, which could mean $200 in bonus bets.
At DraftKings, for example, their bonus bet welcome promo is valued at $200 and chopped up into eight (8) $25 individual bets that can be spread around on points spreads, moneylines, same-game parlays, and live in-game betting. Other operators may offer bet bonuses where the entire bonus can be wagered on a single event. Terms and conditions, in addition to playthrough requirements, may apply. Read those before opting for any promotion.
3. First bet insurance
The most common welcome bonus legal Virginia sportsbooks offer these days are first bet insurance bonuses. These require new players to lose their first bet to redeem any bonus funds. However, on the flip side, it allows first-time bettors to be potentially more aggressive on their first wager should their appetite for action warrant it.
At BetMGM, first-time bets come with insurance of up to $1,500. So, if you wager $1,500 on the Super Bowl and lose, BetMGM will stake you $1,500 in your account. Terms and conditions apply, and you won’t be able to withdraw the $1,500 right after receiving the bonus funds. If you win your first bet, no insurance funds are awarded, and the sign-up promo offer ends.
4. Referral bonus
A referral bonus is when you recruit a friend to join a sportsbook that you already use. Most sportsbooks will offer you a unique code or download link to share. If that code/link is used to generate a new customer, who makes a first time deposit, you'll receive a small reward to your account, like a bonus bet or some cashback. Read our full guide to learn which platform offers the best sportsbook referral bonus.
Virginia online sportsbooks
On Jan. 21, 2021, online sports betting launched in Virginia, with FanDuel accepting the first legal wager. Over two years later, the Old Dominion boasts 15 online sportsbooks, each with its sports betting app for iOS and Android devices. Betr was the last to join the party, opening its virtual doors in September 2023. The Virginia Lottery, via state law, has up to 18 sports betting licenses to award. With such crowded competition, each operator works tirelessly to make their product unique and woo news players to their platform.
Note: WynnBET closed operations in the state on Aug. 11, 2023.
Virginia online and mobile sportsbooks
| Virginia sportsbook | Best known for |
|---|---|
| Bally Bet | Odds boosts exclusives |
| Barstool Sportsbook | Personality-driven promos |
| bet365 | Live video streams |
| Betfred | In-play wagering |
| BetMGM | “King of Parlays” |
| Betr | Micro-betting |
| BetRivers | Award-winning parent company |
| Betway | Same-game parlays |
| Caesars | Lucrative welcome bonus |
| DraftKings | Industry leader |
| FanDuel | Highly-rate mobile app |
| Hard Rock | Unique rewards program |
| PointsBet | PointsBetting™ bet type |
| SI Sportsbook | Perfect 10 mini game |
| Unibet | Fast payouts |
Latest Virginia sports betting news
Sept. 27, 2023: State officials announce a large bump in tax revenue as a result of legal sports betting and casinos. Sports betting taxes more than doubled for the fiscal year, from $27M in 2022 to $67M in 2023.
Virginia sports teams to bet on
Virginia actually doesn't have any major professional sports teams within its borders. That doesn't keep sports fans in the Commonwealth down, though. They still root for a number of neighboring franchises in the NFL, NBA, MLB, NHL, and MLS. Teams based in Baltimore, Washington, D.C., and Charlotte all have strong followings in Virginia.
So if you think the young Baltimore Orioles will win the next World Series or the Ravens will claim the AFC North division title, you have a number of great sportsbooks to choose from.
| 🏈NFL | 🏀 NBA | ⚾ MLB | 🏒 NHL |
|---|---|---|---|
| Baltimore Ravens | Washington Wizards | Baltimore Orioles | Washington Capitals |
| Washington Commanders | Charlotte Hornets | Washington Nationals | Carolina Hurricanes |
Outside of the "Big Four" North American pro leagues, there are dozens of other sports and events to wager on. You can make picks on golf, tennis, motorsports, rugby, MMA/boxing, and soccer leagues from all over the world.
Virginia betting resources
Some of you may have arrived on our Virginia sportsbook promos page before learning about Virginia sports betting. Our editorial team poured over all 15 sports betting apps and authored independent and thorough reviews of each operator, in addition to guides to walk you through how the best sportsbook promos work.
| How to bet on sports | How to read odds | How to manage your bankroll |
|---|---|---|
| New to sports betting? Read our guide on how to get started. | Learn how to read sports betting odds in every format. | Discover how to manage your bankroll and make smart betting choices. |
Responsible sports betting with Virginia promos
The Virginia Lottery is the state’s governing body in charge of sports betting regulation, which includes licensing, auditing, compliance, and general oversight. The department is also in charge of assisting those seeking help with problem gambling. With so many marketing dollars spent on advertising and welcome bonus promotions to allure new players, the Virginia Lottery urges everybody to play responsibly. For some, that is a challenge that requires some additional help.
If you or someone you know may be addicted to gambling, Virginia’s helpline is 1-888-532-3500, or visit their website to use the live chat feature. Further resources are available to friends and family dealing with problem gambling. A portion of Virginia tax revenue generated from sports betting goes to fund prevention, treatment, and support. Know the warning signs:
- Chasing losses
- Irritability
- Lying
- Increased spending
The Virginia Lottery also requires operators to offer voluntary self-exclusion through limited betting sessions and an option to have a specific budget allowed to be wagered over a given period.
National U.S. gambling helpline: 1-800-GAMBLER
Sportsbook promos and bonuses in other regions
U.S. states with legal sportsbook promos and bonuses
Sportsbook promos and bonuses in international regions
- Canada sportsbook promos (excluding Ontario)
Virginia sportsbook promos FAQs
What’s the best sports betting bonus in Virginia?
BetMGM offers a bonus credit of up to $1,500 if we’re talking overall highest value. DraftKings and FanDuel both offer a bet $5, get $200 in bonus bets reward, amongst the best Virginia sports betting promos, with the lowest initial risk.
Which verified Virginia sportsbook promos are the best value?
This question depends on one’s definition of best value. If you’re looking for guaranteed welcome bonus monies, bet365, DraftKings, FanDuel, Caesars, and SI Sportsbook offer bonus bets by simply making one — win or lose.
Do all Virginia sportsbooks provide sports betting promo codes?
No, most Virginia online sportsbooks and sports betting apps do not require a promo code at the time of the first deposit. Other bonuses and weekly promotions may autofill the promo code at the time of redemption. This newer policy has helped streamline users’ sign-up process and ability to earn welcome bonuses without extra steps.
How old do I need to bet on sports in Virginia?
You must be at least 21 to wager on sports in Virginia.
How many sign-up bonuses can I claim in Virginia?
Virginia bettors can legally claim one (1) sign-up bonus per online sportsbook/sports betting app. They could earn up to 15 welcome rewards because there are 15 operators in the state. Players cannot create multiple accounts with the same sportsbook, so most outlets require a social security number tied to each new account. Account fraud can lead to being suspended from the site indefinitely.
What are the playthrough requirements on legal online sportsbooks in Virginia?
Virginia online sportsbook playthrough requirements vary by site and which promotion you redeem. You can find the playthrough requirements on the terms and conditions page before you accept a sign-up bonus or promotion. They are embedded in the T&Cs, so new players don’t just snag the bonus funds and try to cash out. You need to risk something on a future bet before requesting a withdrawal.
