The ever-growing online sports betting business has made its way to the Mother of States, which means there is no better time to get educated on Virginia sportsbook bonuses!
Sports betting was legalized in Virginia in April 2020 and officially launched in Janaury 2021. Mobile wagering was thankfully included in the legislation, and that comes with several advantages for bettors in Virginia. Not only is this the most convenient way to do things since you can wager from a location of your choice, but it also provides the benefit of signing up for a sportsbook online.
Why is online signup a benefit? Because that is the way to take advantage of generous welcome offers being provided by varying sites in the state.
Virginia Sports Betting Bonus Codes
Online sportsbooks are all in competition with one another and want to provide an extra incentive for players to sign up with a specific site.
That is where welcome bonuses and their accompanying bonus codes come into play in all states including Virginia, and they're very easy to use for activating sportsbook welcome offers.
Virginia sports betting bonus codes are a random assortment of letters and numbers that can simply be entered during the signup process to trigger the welcome bonus being offered by that site. Using bonus codes is the way to guarantee you're going to get the most for your investment when first registering for a betting site.
Keep in mind that not every Virginia sportsbook bonus requires the use of a bonus code, and that you can also claim the welcome offer by clicking one of the "Get Bonus" links on our site without being required to enter any codes.
Here at BonusSeeker, some of the bonus codes and links can lead to an exclusive welcome offer that can only be claimed by going through us.
VA Sports Betting Promo Codes
Depending on the site, the term promo codes may be used instead of bonus codes and it can lead to some confusion. But there's nothing to worry about since the two mean the same thing and the only difference is how some sites choose to describe it.
So if you do see or hear of a site offering VA sports betting promo codes, just know that it's equal to a bonus code. You only need one code or link to claim your welcome bonus, not both.
VA Sportsbook No Deposit Bonus
Players in the "Mother of States" should be excited to claim a no-deposit bonus, which is one of the favorites among bettors in all states.
As the name suggests, a Virginia sportsbook no deposit bonus is a welcome offer that is awarded without the requirement of a deposit being made. On sites that offer this bonus, it is simply awarded to new players following the registration process.
One example would be DraftKings, which offers a $25 no deposit bonus as part of its welcome bonus. Just by creating an account, new players are awarded $25 in site credit to use on a wager of their choosing.
Because players are virtually handed currency without having to invest, Virginia no deposit bonuses are a smash hit with the public.
Are Virginia Sportsbook No Deposit Bonuses Free Money?
Signing up for no deposit bonus sportsbooks in Virginia is the closest thing bettors can get to free money when signing up for a betting site. Although the site credit offered isn't an exact equivalent to cash since it cannot be withdrawn on its own, it still can be used to fund your wagers on the sportsbook.
Virginia Sportsbook Risk-Free Bet
The VA sportsbook bonuses that players are most likely to come across could be risk-free bets, which seem to be getting more and more popular. This is another offer that is exactly what it sounds like: a bet with minimized risk.
A Virginia sports betting risk-free bet offer is quite simple and involves the bettor being offered a refund in site credit for the very first wager placed on the site following the registration process.
The risk-free bet acts as a security blanket for new players and ensures that bettors get a second chance to wager without spending any more money thanks to the site credit reward.
How Does A Risk-Free Bet Work In Virginia?
Not every site offers a risk-free bet but plenty of them do, and it's a simple bonus to claim. Once you sign up and make your initial deposit, the VA sports betting risk-free bet becomes active for the very first wager placed on the site.
For example, let's say FanDuel offers you a risk-free bet up to $1,000 during the signup process as part of its welcome bonus. This means that you will be paid back in site credit if your first wager loses, whether it's for $50, $100, or $500...all the way up to $1,000!
Virginia Sportsbook Deposit Bonus
Another bonus players should be excited to receive is a Virginia sports betting deposit bonus, also known as a deposit match.
This bonus includes the betting operator matching the original deposit up to a certain amount in site credit. Some sportsbooks match the deposit 100 percent of the way, while others offer a partial match.
For example, BetMGM offers a deposit bonus of up to $500 and matches it the entire way. So if you invest $100, you get $100 in site credit and will have $200 total to spend. If you deposit $500, you start with $1,000 in total currency after the deposit match.
Are VA Sportsbook Deposit Bonuses Worth It?
Yes, VA first deposit bonuses are worth claiming, especially for everyday bettors or those who wager often.
This is because the only downside to a deposit match is the wagering requirements, which we will detail more below. In many cases, those who wager often have little trouble meeting those requirements, which only leaves the upside of this bonus.
A Virginia sportsbook deposit bonus comes with the highest monetary reward of all bonuses, making them the quickest path toward starting with the most betting currency possible.
VA Sportsbook Signup Bonus - How Does It Work?
The good news about sports betting in the United States is that it is closely regulated to ensure the integrity of the industry. Part of that process, however, means sharing information so that the governing body of each state can verify a player's identity and ensure they are legally allowed to wager.
Here is some of the information that bettors are likely to be asked to divulge while registering for a VA sportsbook signup bonus:
- Full Name
- Home Address
- E-mail Address
- Mobile Phone Number
- Date Of Birth
- Social Security Number (last four digits)
- Banking Information
It must be noted that any personal information shared with the sportsbook needs to be accurate and entirely truthful, as it will only lead to problems down the road when attempting to withdraw winnings.
VA Sportsbook Wagering Requirements
Wagering requirements are a part of the business when signing up for online sportsbooks. Simply put, these requirements refer to the betting handle a player needs to amass before the funds won from the bonus are eligible to be withdrawn.
Sportsbooks have different ways of awarding the first deposit bonus and enforcing the wagering requirement, and the method varies from site to site, which we’ll get into more below. For these reasons, be sure to check the terms and conditions for the site you are signing up for.
EXAMPLE 1: At some online sportsbooks, the site credit awarded to a new player from a first deposit bonus is the first bit of currency used when wagers are placed, before the money you deposited. In these cases, all funds become eligible for withdrawal once the wagering requirement is met.
Please keep in mind that for wagers placed with site credit, winnings will be returned to your account but the original wager amount will not.
EXAMPLE 2: Other sportsbooks choose to go a different route and use the player’s deposited funds as the initial currency when wagers are first placed. In these cases, the wagering requirement must be met for the bonus money to be eligible for withdrawal.
The lower the requirement, the quicker funds are eligible for withdrawal. The exact amount varies between sites but most operators have between a 1x and 25x wagering requirement.
Other VA Sportsbook Bonuses
Although the three offers outlined above are the most common ones to come across, there are a couple of other VA Sportsbook bonuses and promotional offers that players can receive.
VA Sportsbook Free Bets
Free bets are one of the best promotions or bonuses that a gambler can receive. Generally, free bets are not awarded as part of a welcome bonus but instead are claimed in other ways.
Sometimes, the sportsbook pops up out of nowhere by awarding free bets, oftentimes before a big sporting event to encourage players to visit the site.
In the event of a site malfunction or a technical issue, customer support may offer free bets as a gift. They may also be awarded upon completion of specific sportsbooks missions that require wagering on the sportsbook.
Virginia Sportsbook Reload Bonuses
Virginia sports betting reload bonuses work just like deposit match bonuses, which involves the sportsbook matching your deposit in site credit. The difference is that these bonuses are available to existing players and not new signups.
Not all Virginia sports betting sites offer reload bonuses but some do, and it serves as a bit of a reward to longtime players for their loyalty. Most bonuses are directed at new players, so reload bonuses are an excellent perk for those who have been around a while.