Virginia Sports Betting – All Promos & Bonus Bets

There are plenty of generous bonus bets available for new customers that sign up to sportsbooks in Virginia. Currently, new users can get up to $5,700 in bonus bets. You can take advantage of this right now, by signing up for each platform and placing a bet. Here are the best sports betting promos in the state as of May 2023.

Best Virginia Sports Betting Promos – May 2023

Why Do Sportsbooks Have Promos?

Sports betting promos have two main purposes. To incentivize new customers to sign up to the platform and to reward loyal bettors. This is fantastic for bettors because not only can they get huge welcome bonuses, but they can also continuously be rewarded for using the platforms. Take advantage of all these great promos now, by scrolling to the top of this page and clicking the “Claim Bonus” button next to your chosen sportsbook.

The sports betting industry is extremely competitive. Especially in states like Virginia where the supply of sportsbooks is high. In order for them to stand out, they have to offer a great range of promos.

Comparing Sports Betting Promos In Virginia

BETMGM – It’s only fitting that the highest rated sportsbook in Virginia also has a fantastic welcome bonus for new customers. You can claim up to $1,000 now by signing up and wagering on BETMGM site or app.

Caesars Sportsbook – The biggest welcome bonus in Virginia can be found at Caesars Sportsbook. This is perfect for bettors that like to wager big bucks. Claim your bonus now and get up to $1,250!

DraftKings – You can get up to $1,000 in bonus bets now by claiming the welcome bonus that DraftKings offers new users. You can use your bonus bets to wager on a huge variety of sports on their platform that has a great range of features.

BetRivers – Sign up to BetRivers and get up to $500 in bonus bets now! Their welome promo isn’t the only bonus to get excited about. They host a continuous stream of promos for their existing customers, meaning you can continue taking advantage of their promos.

FanDuel – They host a great selection of features such as live streaming and daily prize pools. This means you can win bonus bets every single day on FanDuel. To start off with though, get your hands on up to $1,000 in bonus bets as part of their welcome offer.

PointsBet – The great part about PointsBet is that you can request a bet to be featured on their platform. This means that you can use up to $500 of their welcome bonus on any bet you desire, as long as they accept your request!

WynnBET – Although their welcome bonus is considerably smaller than all of the sportsbooks above, you can still claim up to $100 in bonus bets at WynnBet now. They have a good platform that has all the basics a sports bettor could want.

Betway – For those that are looking to bet on soccer markets and niche markets, you can start wagering on them now at Betway. Their platform isn’t as highly rated as the likes of BETMGM or DraftKings, but they still offer a great $250 welcome bonus that you can claim immediately.

UniBet – They have a basic platform that caters well towards people who are new to sports betting. Although you will get bet overall features at other sportsbooks, you can claim a small $100 bonus bet at Unibet now.

Sports Betting Promos For Existing Users In Virginia

There’s a huge range of promos that existing users can take part in at sportsbooks across Virginia. Here are some of the best ones that you can access right now:

• BETMGM  – One game parlay for the NBA, MLS and NHL.
• DraftKings – Daily free to play prize pools.
• PointsBet – Partial cash out.
• BetRivers – Win $10,000 bonus money with squares.
• WynnBet – Live bet & get $10 bet credit.
• UniBet – Get a $10 free bet when you place 5 bets.
• Sports Illustrated – Bet $10 and get a $5 free bet for a MLB game.

Pros And Cons Of Sports Betting Promos

Although sports betting promos are great to take advantage of, they do come with certain requirements. Here are the main pros and cons of sportsbook promos.

Pros	Cons
Allows new users to try out a platform	Usually a deposit is required first
Gives new users an incentive to sign up	Some bonuses have to be wagered multiple times before winnings can be withdrawn
Can be a reward for loyal existing users	Bonus bets can expire quickly

Types Of Sports Betting Promos

There are several different types of sports betting promos. Here are the most commonly used promos that sportsbooks offer to both new and existing customers.

Welcome Bonus – This is available for new customers who sign up to a sportsbook. It’s a one time bonus that is typically bigger than any other bonus they will ever get at the sportsbook they have chosen. This is to entice new participants in using the site or app.

Risk-Free Bet – This is the most common type of bet that’s awarded to new users as part of a welcome bonus. This means that if their first bet loses, they will get the wagering amount back in the form of a bonus bet.

Promo Code – Sometimes, in order to activate a welcome bonus new users will need to enter a string of letters, when they’re signing up. However, usually this isn’t required.

Bonus Bet – This is the kind of bet that users receive for taking part in a promo that a sportsbook offers. The sole purpose of a bonus bet is to wager on a sporting event. If it isn’t used within 7-14 days it will expire. Any winnings from a bonus bet can then be withdrawn, but a bonus bet on its own can’t.

Odds Boost – This is when the odds become more profitable on a bet. For example, if the odds of the Washington Commanders to beat the Carolina Panthers was +200, then a boost might take the odds to +250.

Deposit Bonus – This occurs after you’ve deposited money into a sportsbook. For example, sometimes there are matched deposits available, in which your deposit is doubled in the form of a bonus bet being given to you.

No-Deposit Bonus – This is when there is no required deposit in order to access a bonus. Although this is the case, it’s mainly for existing users as a reward for loyalty and continued business.

Parlay Insurance – If you have a four leg parlay and only one of them loses, this means you will get your bet back in the form of a bonus bet.

Referral Bonus – This is granted to users that onboard new customers to the sportsbook. Usually this is done by getting friends and family to sign up.

What Sports Can I Use Promos On In Virginia?

Even though Virginia doesn’t have a professional sports team in any of the major leagues in the US, residents can still use their bonus bets from promos on a range of sports.

NBA Promos

The playoffs are underway and this means one thing. The NBA will have more eyes on its games than any other time of the year. The good news for sports bettors is that all welcome promos can be used on these post-season games. 

NHL Promos 

Speaking of playoffs, the NHL post-season has also started. Ice hockey fans in Virginia will be able to use any bonus bets they get courtesy of welcome promos on all of the action on the ice.

MLB Promos

Baseball is finally back, after what feels like forever. Fans of America’s pastime will be pleased to know that all new user promos they access, can be used on MLB games across the country.

NFL Promos

There are plenty of promos available when it comes to the NFL. All welcome bonuses can be wagered on football games, throughout the course of the season. Each sportsbook in Virginia will also host promos for existing users that want to bet on the league, such as odd boosts, parlay insurance and bonus bets.

Other Sports Promos – The four major leagues aren’t the only sports that users can bet on thanks to their promo. They can also bet on the following sports:

• Ice Hockey
• College Sports
• Tennis
• Boxing
• Golf
• Darts
• Volleyball
• MMA
• Motorsports

Sports Betting Promo Requirements

There are terms and conditions when it comes to sports betting promos in Virginia. Here are some of the most common requirements you will have to adhere to.

• Minimum Deposit – You will need to deposit at least a certain amount when using a sportsbook. This can be anywhere between $5 and $50 depending on the platform.
• Minimum Odds – When trying to claim a promo, you will need to place a bet that falls within a certain range of odds. 
• Wagering Requirements – Some bonus bets require you to wager the value a few times before you can withdraw the winnings from your sportsbook account to your bank account.
• Cash Out Exclusion – Most promos won’t allow you to cash out half way through a sporting event that you have bet on.

How To Use A Sports Betting Promo

It’s simple to start using the promos that sportsbooks in Virginia offer to new users. Follow these steps and claim all of the bonuses now:

1. Pick A Sportsbook – After you’ve looked at our comparisons of the best sportsbooks in the state, choose which ones you want to use and begin the process by clicking the “Claim Bonus” button.
2. Register – You will be taken to the sign up page. From here you will need to fill in all the necessary forms with your personal details.
3. Deposit – Once your account is up and running, you’ll need to deposit a minimum amount. This is usually $10 but sometimes can be more.
4. Wager – You will now need to place a bet on any sporting event of your choice. Make sure you bet on something that is within the odds criteria.
5. Receive Your Bonus – Congratulations, you are now eligible to receive a bonus bet if your initial bet loses.

How To Claim All Sports Betting Promos In Virginia

You can claim every single sports betting promo for new customers in Virginia right now! This means you can get up to a maximum of $8,000 worth of bonus bets at the 14 different online sportsbooks in the state.

To do this, scroll to the top of this page and press the “Claim Bonus” button next to each sportsbook. If you want to learn how to sign up to each one, follow the steps we laid out in the previous section.

Withdrawing Winnings From Sportsbooks In Virginia

Withdrawing your winnings from a sportsbook account is very easy. Follow these steps to turn your sports betting balance into money that arrives in your bank:

1. Check – Make sure the balance on your sportsbook accounts is fully withdrawable. Sometimes, sportsbooks require you to wager a bonus bet multiple times before you can withdraw the winnings.
2. Withdraw – Go on to the cashier section and press the withdraw button.
3. Method – Choose which payment method you want to use. This can be: Online banking, PayPal, Skrill, eChecks and many more options.
4. Wait – Once you’ve completed your withdrawal, it could take anywhere between one and three days to arrive.
5. Well Done – You’ve done everything you need to do in order to turn your sportsbook balance into real money! Congratulations and enjoy your winnings.

Conclusion

Bettors that reside in Virginia are lucky that the state has more sports betting promos available than most others. You can use the information on this page to: Find out the best promos in the state, sign up to the different 14 sportsbooks available, begin depositing money into your account and have the best experience possible while sports betting in Virginia.

Virginia Sports Betting Promos FAQs

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