Bet365 launched in Virginia, and there are now 16 licensed mobile sportsbooks in the state. Registering with multiple sportsbooks not only allows you to lock in each operator's current welcome offer but allows you to shop bets at each sportsbook to find the best available odds.
Here are our picks for the best sports betting bonus offers available in Virginia this August:
Sportsbook
Virginia Offer
Bonus Code
NEW Up to $1,500 Back in Bonus Bets
If Your First Bet Loses
VA only. 21+. Please Gamble Responsibly. Gambling problem? Call 1-888-532-3500
Virginia bettors must be 21+ and present to place wagers in the state. If you or a loved one is experiencing problems with gambling, call 1-800-532-3500 or visit the National Council on Problem Gambling www.ncpgambling.org
Types of Promotions and Bonus Offers in Virginia
There are several different types of promotions and bonus offers available to Virginia sports bettors. The various Virginia sportsbooks may or may not offer some or even all of these promotions, but it's worthwhile keeping your eye out for them.
New Player Welcome Offers: These types of bonuses usually consist of a deposit match bonus, bonus bet offer, or no-deposit bonuses. It's an overarching term for several different types of bonuses that new players can take advantage of. VA online sportsbooks have various different types of these bonuses.
Existing Player Reload Bonuses: These are similar to welcome bonuses and often provide a percentage match on your deposits, making it possible to earn even more money on top of your winnings. What makes these bonuses different is that they're available to existing players, so you don't need to create a new account in order to qualify.
Bonus Bet Promotions: These are often given as part of a welcome bonus package, but some sportsbooks also offer them separately for existing customers. With bonus bet offers, you can place a wager without risking your own money and potentially walk away with a profit.
Odds Boosts: These are one of the most popular types of bonus offers and can give you better odds on specific wagers or teams. For example, some sportsbooks may offer an odds boost for the Washington Commanders to win with +300 odds instead of the regular +264.
No-Deposit Bonus Offers: These bonuses do not require you to make a deposit and can come in the form of cash or bonus play credits that can be used for wagers. It's an easy way to get some extra money just for signing up at an online sportsbook. It's the equivalent of being handed a bonus bet slip as you walk through the doors of the sportsbook. You can't beat these, but they're harder to find.
Details for the Best Available Virginia Sportsbook Bonus Offers
In a market that features 16 of the biggest online sportsbooks currently operating in the US, it should come as no surprise that Virginia bettors have plenty of welcome offers to choose from. This is a huge advantage to bettors, and it's also why we recommend signing up for as many sportsbooks as possible.
Two of our highest-rated offers available in Virginia this August come from Bet365 and DraftKings. Find the details for each of these promotions below.
Current Bet365 VA Offer: Bet $5 Get $150 in Bonus Bets
Bet365 has an incredible offer for folks in the great state of Virginia. New bettors can receive $150 in bonus bets after placing their first $5 wager! This is the best bonus offer not only in Virginia, but also the entire country!
Using the promo code and locking in your bonus cash is simple. Just follow these 3 steps:
You'll be awarded your $150 in Bonus Bets whether your initial $5 bet wins or loses!
While this offer is relatively straightforward, here are some important terms that apply:
New players must be located in Virginia at the time of registration and when placing bets.
The bonus only applies to your first wager with Bet365. Your first bet must be at least $1.
Details for the DraftKings Bet $5, Get $150 in Bonus Bets Offer
While the current promotions from all these sportsbooks are great, some bettors may be looking only to make a small deposit as a trial run. If that's you, you'll love the DraftKings Bet $5, Get $150 deal!
The current sportsbook promotion works exactly as other bonus bet offers in the industry. Here is how this DraftKings bonus offer works:
Place your wager, and DraftKings will give you $150 in bonus bets.
Beyond the two VA promotions featured here, there are great offers available to Virginia bettors from just about every sportsbook licensed to operate in the state.
The great thing about registering with multiple sportsbooks is not just that you get to take advantage of the different welcome offers but that you get to shop each book for the best odds before betting.
Latest Sportsbook Promotions in VA
We've already discussed some of the best VA sportsbook promotions, but they are constantly changing. That's why we recommend that Virginia bettors check back with us often to make sure they don't miss out on any offers. We'll update this page regularly so you're always in the know.
We also encourage you to sign up for newsletters and follow us on our social media profiles. That way, you'll be one of the first to know as soon as new offers and promotions are released.
Current BetMGM Virginia Bonus Offer
BetMGM, like some of the others, is one of the most popular online sportsbooks. Right now, they’re offering up to $1,500 Paid Back as Bonus Bets if your first wager loses. When you sign up, place a bet anywhere between $10 and $1500, and if it loses, you’ll get a bonus bet of the same amount up to $1500. Use the promo code EWBET1 when signing up for your account. Keep in mind that the bet must be on an event that takes place within 7 days of signing up. You can't lose!
Current Caesars Virginia Bonus Offer
Another massive bonus you won't want to miss out on is the Caesars. When you sign up, place a $1,000 Bet on Caesars and get bonus bets if it doesn't win. To take advantage of this offer, use the promo code BV1000 when signing up for your account. That's an unbeatable offer!
Current FanDuel Virginia Bonus Offer
And you thought FanDuel was only a powerhouse in the DFS world? Think again. FanDuel is also one of the biggest names in sports betting and they're offering a great new Virginian promotion. Sign up and bet $5, and you'll get $150 in Bonus Bets IF your team wins. What a deal!
Current BetRivers Virginia Bonus Offer
We absolutely love BetRivers, but what do we love even more? Their current promotion: a $250 second-chance bonus bet. While we love their sleek app, their generous bonus offer is what will have us returning time and time again. They also have an industry-leading 1x rollover requirement.
Virginia Sports Betting Promotions FAQs
Though Virginia has had legal sports betting for some time now, new players still have questions. Because of that, we wanted to create the following FAQ section to answer all common questions in a quick manner.
How do we identify the best bonus offer in Virginia?
Our dedicated staff carefully assigns a ranking to each bonus offer that comes across our desk. While most sites only focus on the overall dollar amounts of each bonus, we give equal weight to things like offer terms and deposit requirements. Our goal is to give our readers an overall snapshot of each bonus offer in Virginia.
How do 2nd chance bets work in Virginia?
2nd chance Bets are a common new player promo in the industry. Basically, a sportsbook allows you to make your first wager with zero risk. For example, the current offer from Caesars covers your first bet for up to $1,000. If your first bet loses, Caesars will reimburse you with a Bonus Bet to cover your loss.
When are the best offers available?
Here is something that all sportsbooks have in common. The most lucrative bonus offers can be found around the Super Bowl. Be on the lookout for this sometime in August. Sure, there are great offers all year long, but that's when they're the best.
Do sportsbook bonuses expire?
Some do, so be sure to look over the terms and conditions of your bonus offer. Most sportsbooks that offer bonus bets stipulate that they must be used within 7-14 days after being issued.
How does the DraftKings bonus work?
Sign up for a new account and make your first deposit. After making a $5 bet, DraftKings will load you up with $150 in bonus bets INSTANTLY.
What is the FanDuel Sportsbook bonus?
FanDuel will give you $150 in bonus bets after placing your first $5 bet, if your team wins. That's a pretty sweet deal!
Where can I find promo codes?
We keep a running list of all the latest promotions and their associated promo codes. Check our page regularly to make sure you don't miss out on any great bonuses or offers! We also post exclusive deals that can't be found anywhere else. Make sure to follow us so you never miss out on an awesome deal.
Is there a minimum deposit requirement?
Most sportsbooks have a minimum deposit of $10-$20. However, some promotions may require larger deposits to be eligible. Always read through the terms and conditions before signing up for any bonus offer. We've covered all of the major sportsbooks extensively and have thoroughly reviewed their terms and their sportsbooks.
What's your favorite bonus?
Everyone will have their own opinion on this, but for us, it's the DraftKings offer. Not only do we love their sleek app, but their generous bonus offer is what will have us returning time and time again. A close runner-up is the BetRivers bonus code because they have an industry-leading 1x rollover requirement. Most online sportsbooks require multiple rollovers to withdraw your bonus funds, but not BetRivers.
Virginia bettors must be 21+ and present to place wagers in the state. If you or a loved one is experiencing problems with gambling, call 1-800-532-3500 or visit the National Council on Problem Gambling www.ncpgambling.org
Chris Lollis is a sports betting expert that has covered the industry for more than a decade. Over that time he has covered everything from the repeal of PASPA to the state-by-state legislative changes. Chris serves as the Head of Content at EatWatchBet, and is responsible for tracking latest news and updates from every U.S. sportsbook.
