Best Virginia Sports Betting Bonuses and Promo Codes for February 2023
The best sports betting sites count Virginia as home, and access to their respective sportsbook promos is easier to get than clearance to the Pentagon.
Some Virginia sportsbooks have promo codes that unlock betting bonuses, but each boasts a convenient way for you to claim the latest sign-up offer. Find out what's available in the Commonwealth of Virginia from the likes of Caesars Sportsbook, BetMGM, PointsBet, FanDuel, and Unibet.
Virginia sports betting sites
#1 Top-rated sportsbook
BetSmart™ Rating: 4.7/5- Generous welcome bonus
- Offers same-game parlays
- Ample betting options
Payout Speed:Deposits & withdrawals
BetSmart™ Rating: 4.7/5- Competitive pricing
- Offers same-game parlays
- Exclusive live streaming
Deposits & withdrawals
BetSmart™ Rating: 4.4/5- User-friendly mobile app
- Good deposit options
- Offers same-game parlays
Deposits & withdrawals
BetSmart™ Rating: 4.6/5- Well-designed mobile app
- Live same-game parlays
- 24/7 customer support
Deposits & withdrawals
BetSmart™ Rating: 4.3/5- Awesome welcome bonus
- Consistently good pricing
- Offers same-game parlays
Deposits & withdrawals
Quick facts: Virginia promo codes
| Online launch date | Jan. 21, 2021 |
| Number of betting sites | 15 |
| Best bonus | Caesars Sportsbook |
| Online betting | Yes ✅ |
| Retail betting | Yes ✅ |
| Betting on college sports | Yes ✅ |
| Remote registration | Yes ✅ |
| Online casinos | No ❌ |
| Legal betting age | 21 |
1. Caesars VA welcome offer
Up to $1,250 on Caesars
Promo code: COVERSBONUSFULL
The splashy Caesars Entertainment brand has its roots in casino and sports gambling spaces, and Caesars Sportsbook VA is now big-time, too. Use our exclusive COVERSBONUSFULL promo code to claim 1,000 Caesars Rewards® Tier Credits and 1,000 Caesars Rewards Reward Credits. This promo will also allow you to receive up to $1,250 in bet credit should your initial wager settle as a loss.
Here's the lowdown on how to get started before registering a new account:
- Have personal identification information on-hand to confirm identity upon registration.
- An initial deposit of real money funds is required before you can place your first wager. If that bet registers as a loss, no big deal because Caesars VA will extend a bet credit equal to the initial stake up to $1,250.
- Let's say that you deposited $400 and later placed a $400 real money wager that ends up losing, then you would receive $400 as a bet credit.
- The bet credit amount matches the portion of your first real money wager, up to a maximum of $1,250. If you deposited $1,700 and made a real money wager equal to that amount, you're entitled to $1,250 in bet credit if the wager loses.
- Bet credit is as it sounds and is therefore unable to be withdrawn as cash. Any unused bet credit expires after 14 days.
- Bet credit is uploaded to accounts within two days, while a qualifying wager must be made within 30 days.
- Only winnings are paid out on wagers that use Caesars' bet credit.
Read through our honest Caesars sportsbook review to learn more about the betting site's features.
Caesars promo pros and cons
Valid for new customers onlyPromo only activates if the first bet losesWhat does an ‘Up To $1,250 On Caesars’ promo mean for you?
New sports bettors or any first-time Caesars VA customer can lay down action with confidence, knowing that they can recoup any losses on their initial wager. Caesars' promo gives a shot at redemption if your first bet misses the mark.
Tier Credits and Reward Credits are nice perks for those who frequent Caesars Rewards resorts and casinos. The more tier credits you accumulate, the better the rewards. Reward credits can be redeemed for hotel stays, shopping, slot and table play, and more.
How much can you make with a $1,250 Caesars Sportsbook bet credit?
We highlighted earlier how Caesars' VA promo stands out due to its eye-catching $1,250 offer. Once claimed, you can wager liberally courtesy of its no-odds obligation and the opportunity to choose from any market. If you like the -200 line hanging on the Washington Commanders and stake the maximum $1,250 tied to the offer, you would win $625 if the bet hits.
Why is this bonus better than the others?
The prospect of securing a $1,250 bet credit after losing the first wager with Caesars Sportsbook trumps all other sign-up bonuses available to Virginia bettors.
2. FanDuel VA welcome offer
$3,000 No Sweat First Bet
No code required
FanDuel is undoubtedly one of the industry’s top sportsbooks. New users residing in or traveling through Virginia can claim its latest sign-up bonus — a "$3,000 no sweat first bet" offer — without needing a FanDuel promo code. Here are a few things to consider before claiming your FanDuel Virginia welcome bonus:
- All new customers are required to provide legal verification to confirm their identity.
- You must download the FanDuel app to claim this offer.
- A required deposit of $10 upon account creation.
- Place a first-time real money wager on any sports market and receive equal value, up to $3,000, should your bet lose.
- Remember that bonus bets cannot be withdrawn for real money and are non-transferable.
- Bonus bets will land in your account within 72 hours of the bet being placed. This offer ends on Feb. 12, 2023.
Learn all about the betting site via our detailed FanDuel sportsbook review.
FanDuel promo pros and cons
Cannot withdraw bonus bets for cashUp to 72 hours for bonus bets to hit the accountWhat does a $3,000 no sweat first bet welcome offer mean for you?
New customers will receive up to $3,000 in bonus bets if they lose their first wager, essentially as a safety net.
How much can you make with $3,000 in free bets?
Freedom to choose from any available sports betting market helps maximize your betting opportunity. Plus, no odds restrictions open up additional options and markets, too. Losers benefit from FanDuel VA's sign-up offer since the betting site awards up to $3,000 in bonus bets should the first bet fail.
Why is this bonus better than the others?
The $3,000 bonus marks the highest value ever for a FanDuel promotion. For customers who sign-up with FanDuel in Virginia, the no-strings-attached offer can help build a bankroll quickly. FanDuel VA offers more favorable conditions than other VA sportsbooks.
3. BetMGM VA welcome offer
$1,000 back in bonus bets
No code required
BetMGM is another major industry player when it comes to sports betting sites. New users in Virginia are eligible to claim up to $1,000 paid back in bonus bets as a new player bonus, and you won't need a BetMGM promo code either.
Here are a few considerations to keep in mind before claiming your BetMGM VA welcome bonus:
- Prepare to share personal information for legal verification purposes.
- The mandatory initial deposit of $10 or more follows sign-up.
- Following the deposit, line up and place your first real money bet.
- Should you lose that first bet, BetMGM VA will dish out bonus bets equivalent to the share of real money tied to your bet.
- Here's an example: If you decide to deposit $400 and follow up with a $400 real money wager that ends up losing, your account balance will show $400 in bonus bets.
- All bonus bet amounts will match the total of your first (real money) bet up to the maximum of $1,000.
- Payouts come in five equal installments on losing bets of $50 or more.
- Bonus bets credited should hit the account within 24 hours and must be used within seven days.
Have a look at our unbiased BetMGM review for more intel and insights.
BetMGM promo pros and cons
Promotion only works if you loseBonus bets expires after seven days if unused Bonus bets non-withdrawableWhat does $1,000 paid back in bonus bets from BetMGM mean for you?
The opportunity to maximize winnings with up to $1,000 paid back in bonus bets benefits all types of sports bettors. Why? Well, BetMGM Virginia will return the stake in full, up to $1,000, for first-time bets that lose. Meanwhile, any winning bet translates to a healthy profit.
How much can you make with $1,000 in bonus bets?
Betting up to the maximum ($1,000) permitted with the initial wager is ideal, but so is aligning that bet with a significant underdog. Doing so allows BetMGM VA customers to score the highest payouts. A form of built-in failsafe allows bettors an opportunity to place follow-up bets if their first wager loses.
Why is this bonus better than the others?
Aside from the return of the initial stake up to $1,000, BetMGM Virginia doles out the reward in five $50 installments. The five equal disbursements give VA sports bettors more chances to wager with follow-up bets.
4. PointsBet VA welcome offer
5 x $50 second chance bets
No code required
PointsBet is a well-known sports betting site within the Commonwealth of Virginia. Sports bettors of all levels who have yet to register with PointsBet VA can claim its revised welcome bonus, worth up to $250 in second chance bets.
We've outlined several important components tied to the sign-up promo:
- New users must first provide legal identification to confirm their age and location during registration. No PointsBet promo code is needed to unlock the bonus.
- Make an initial fixed odds bet up to $50 daily over five days.
- Users get built-in protections, which include a second chance at winning if your first fixed odds wager loses.
- Each of the five free bets can be split into four separate wagers.
- Only losing wagers with fixed odds qualify for site credit payout.
- Accounts are credited with bet credits within 24 hours of the initial bet settlement.
- No bet credits can be withdrawn from your account.
Read our PointsBet review for more information and actionable intel.
PointsBet promo pros and cons:
Only bet losses trigger the promotionWinnings paid out on subsequent or follow-up wagerWhat does up to $250 in bet credits mean for you?
New PoinstBet VA customers can take a calculated risk when claiming the welcome offer. Unlike other betting sites, PoinstBet VA keeps things straightforward with five equal bet credits worth up to $50 each.
How much money can you earn with up to $250 in bet credits?
Staking all $250 through five bets gives bettors the best shot to make the most of the second chance bets promo. Since there's no odds requirement, players can lock in their wager on any market. Let's say the Washington Capitals are sitting at +400, and you wager $50. You'd walk away with a $200 profit in withdrawable cash.
Why is this bonus better than the others?
Consider the PointsBet VA $250 second chance bets offer as a safety net. Simply place the first-time wager, and if that bet misses, the sports betting site will provide up to $50 in bet credits. From there, players can make additional bets and build a bankroll.
5. Unibet VA welcome offer
Risk-free bet of up to $100
No code required
Unibet lays claim to one of the farthest international reaches of any sports betting site – boasting upwards of 11 million customers in over 100 countries. New users residing in Virginia can claim a $100 risk-free bet as a welcome bonus.
Keep these items in mind before claiming your Unibet VA welcome bonus, as there are a few intricacies to navigate:
- Prospective users must provide legal verification to confirm their identity during sign-up. No Unibet promo code is needed here.
- A $10 minimum deposit is required.
- Place a first-time real money wager of $10 or more following processing of the initial deposit.
- If that wager loses, bonus money equal to the amount of that recent real money wager will be distributed.
- The amount of site credit will always line up with the amount of the first real money wager, up to $100 (as stated by the promo).
- Practically speaking, for a deposit of $300 tethered to a $300 real money wager, only $100 in site credit is delivered if the bet loses.
- All refunds are deposited within 72 hours of the initial bet settlement.
- Odds restriction applies: Wagers must be no shorter than -300. Bonus money must be played through 3x before becoming eligible for withdrawal.
Dive into our detailed Unibet review for key details and helpful information.
Unibet promo pros and cons:
Odds restriction (-300 or longer)Restrictive 3x rollover requirementWhat does the Unibet risk-free bonus mean for you?
While solid from a player's point of view, Unibet previously offered VA bettors $250 risk-free. The $100 reimbursement will likely not satisfy experienced gamblers but stands as a safe bet for new sports bettors.
How much money can you earn with a $100 risk-free bet from Unibet?
Newly registered Unibet VA players can redeem $100 (total) if the exact same sum is staked on a first-time bet that registers as a loss. Virginia bettors can bet unencumbered since no market restrictions are in place. For example, a $100 wager on the Washington Nationals tied to odds of -300, translates to $40 in winnings.
Why is this bonus better than the others?
The Unibet Virginia betting bonus clocks in at number five on our list for good reason. While it’s still good enough for casual sports bettors, the odds requirement requires tactical betting.
Latest Virginia betting news
Common Virginia sign-up bonuses
Sports betting sites serve up a handful of go-to sign-up bonuses in the hopes of securing a player's business. Of the more popular ones in the market the most common sportsbook bonuses – risk-free bets, deposit matches, and no deposit bonuses – are readily available.
Risk-free bet
Typically the most popular of all welcome offers, risk-free bets give bettors a type of insurance policy on their initial wager. Be advised that the insurance only kicks in on losing bets.
Deposit match
Claiming a deposit match delivers concrete results, and players will see their respective bankrolls climb, too. Deposit matches are more-or-less guaranteed, not like risk-free bets. Various percentage denominations, including 20, 50, and 100, are the standard, and 100% always catches a bettor's eye.
No deposit bonus
For existing customers or those with sports betting site accounts, no deposit bonuses are readily welcomed. Virginia sportsbooks offer no deposit bonuses to keep players engaged and active on their betting platforms. Keep an eye out for no deposit bonuses during the NBA Finals, other big sporting events, and new betting site launches.
Virginia's online sports betting sites
In 2023, there are 14 legal online Virginia sportsbooks.
Virginia's online and mobile sportsbooks
| Online sportsbook | Mobile app | Odds provider | Online casino | Retail partner |
|---|---|---|---|---|
Bally Bet  |
Yes | Bet.Works | No | N/A |
| Barstool |
Yes | Kambi | No | N/A |
| bet365 |
Yes | bet365 | No | N/A |
| Betfred Sports |
Yes | OpenBet | No | N/A |
| BetMGM |
Yes | BetMGM | No | N/A |
| BetRivers |
Yes | Kambi | No | N/A |
| Caesars |
Yes | Caesars | No | N/A |
| DraftKings |
Yes | Kambi | No | N/A |
| FanDuel |
Yes | Flutter | No | N/A |
| Golden Nugget |
Yes | SBTech | No | N/A |
| Hard Rock |
Yes | GiG | No | N/A |
| PointsBet |
Yes | PointsBet | No | N/A |
| SI Sportsbook |
Yes | Kambi | No | N/A |
| Unibet |
Yes | Kambi | No | N/A |
| WynnBET |
Yes | GAN | No | N/A |
Virginia betting resources
Engage with helpful guides to gain more insight into available sports betting resources and popular banking methods:
Virginia sportsbook bonuses FAQs
Of the best Virginia betting bonuses, Caesars Sportsbook and its promise of 1,000 Caesars Rewards® Tier Credits and 1,000 Caesars Rewards Reward Credits, along with an enticing first bet offer, sits atop our rankings. Use promo code COVERSBONUSFULL to claim this limited-time offer.
The Caesars VA sportsbook promo code is COVERSBONUSFULL. With this code, new Caesars Virginia users can claim 1,000 Caesars Rewards® Tier Credits, 1,000 Caesars Rewards Reward Credits, and bet credit of up to $1,250.
You can claim as many sign-up bonuses as you wish, provided you only do so once with each sportsbook. Creating multiple accounts with the same sportsbook is illegal, and therefore so is claiming multiple sign-up bonuses with the same sportsbook.
Bonus abuse occurs when multiple accounts are made by a single person with the same sportsbook to claim multiple sign-up bonuses. Each user is only allowed one account with each sportsbook, and therefore one sign-up bonus. Any instance of having multiple accounts with one sportsbook, for the purpose of obtaining several sign-up bonuses, can be characterized as bonus abuse.
You need to be at least 21 years old to bet on sports in Virginia. You must also possess a valid United States Social Security Number.
Pages related to this topic
Mike has been researching and reviewing products for more than a decade. The former travel and entertainment publisher is all in on sports betting. When he's not sweating picks or supporting Covers' betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.
