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Best Virginia Betting Bonuses 2026: Claim the Latest Sports Betting Bonuses in VA

David Genge
David Genge Editor
Fact checked by:
Mike Goodpaster
Last Verified
29/07/2026
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Virginia bettors have access to a competitive market of licensed sportsbooks, each running its own welcome offer to attract new customers. Sports betting has been legal in the state since January 21, 2021, and the market has grown steadily since launch, with several well-established operators now available for real-money wagering.

This page ranks the current offers available to Virginia residents, walks through how each bonus actually works, and explains the terms you need to understand before you commit. Whether you're drawn to a daily match, a straightforward bet-and-get, or a loss-protection structure, the details below will help you pick the offer that fits your style.

BetMGM
Recommended BetMGM Bonus

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

BETBONUSMGM Bet Now
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
Bet365
Hot Offer Bet365 Bonus

Bet $10 Get $365 in Bonus Bets Win or Lose

Bet Now
Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
FanDuel
Hot Offer FanDuel Bonus

New Users – Get $350 in Bonus Bets when you wager $5 for 7 days

Bet Now
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). First online real money wager only. Min $5 wager required for 7 consecutive days.$5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA). ™/© 2026 MLB
DraftKings

New DraftKings Customer: SPEND $5, GET $200 IN BONUSES

Bet Now
To be eligible for DraftKings Sportsbook and the Promotion, you must be physically located in AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NH, NY, OH, OR, PA, PR (residents only), TN, VA, VT, WY, WV, CA-ONT or CA-AB (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/NH/PR/WY/CA-AB) (19+ in CA-ONT). GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA) Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: Promos | DraftKings Sportsbook . Ends 9/20/26 at 11:59 PM ET. Sponsored by DK.
Fanatics

10 x $100 bet match in FanCash

Bet Now
Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER OR CALL 1-800-MY-RESET, www.mdgamblinghelp.org (MD), (800)-327-5050 or gamblinghelplinema.org (MA), Call (877)8-HOPENY or text HOPENY (467369) (NY), (888) 789-7777 or ccpg.org (CT), morethanagame.nc.gov (NC), 1800gambler.net (WV)

Best Virginia sports betting bonuses ranked

Every sportsbook listed below is fully licensed to operate in Virginia. Welcome offers are current as of publication - check the individual mini reviews for the fine print before claiming.

Sportsbook Welcome bonus Promo code Min deposit Key term
BetMGM Bet $10, Get $150 in Bonus Bets If You Win None required $10 Bonus only paid if qualifying bet wins; 7-day expiry
bet365 Bet $10 Get $150 in Bonus Bets (win or lose) None required $10 Qualifying bet must be -500 or longer; 7-day expiry
FanDuel Bet $5 Get $200 in Bet Reset Tokens for 5 Days None required $5 Tokens expire 24 hours after issuance; losing bets refunded as bonus bets
DraftKings Spend $5+ Get $150 in Bonus Bets None required $5 Bonus bets credited in tranches; 7-day expiry
Fanatics 10 x $100 Bet Match in FanCash (up to $1,000 over 10 days) None required $10 Requires odds of -200 or longer each day; FanCash expires 7 days after credit

BetMGM

Pros
  • Comprehensive sports betting markets
  • Regular bonuses and promotions
  • Dedicated mobile betting apps
Cons
  • Not available in all US states

BetMGM is backed by MGM Resorts International and Entain, giving it the rare combination of a major casino brand and a globally experienced betting operation. The sportsbook covers a wide range of markets across American football, basketball, baseball, soccer, and more, with strong live-betting tools and a solid same-game parlay builder. Its app is polished and well-reviewed, and the desktop experience is equally capable. One feature that stands out is its deep integration with MGM's iRewards loyalty scheme, which lets active bettors earn points usable across MGM properties nationwide.

The welcome offer for new Virginia customers is a Bet & Get structure: deposit at least $10, place a qualifying bet of $10 or more, and if that bet wins, you receive $150 in bonus bets. No promo code is needed at sign-up. The bonus bets are credited promptly after a winning result and carry a 1x wagering requirement, meaning each bonus bet is single-use.

One important distinction here compared with other offers on this page: the $150 in bonus bets is only awarded if your qualifying bet wins. There is no minimum odds requirement on the qualifying bet itself, which gives you flexibility in how you place it. Bonus bets expire seven days after they are credited to your account, and the stake from a winning bonus bet is not returned alongside the profit - only the cash winnings are paid out.

Beyond the welcome offer, BetMGM keeps existing players engaged with a solid ongoing promo calendar. Lion's Boost provides daily enhanced odds on selected markets, and One Game Parlay Insurance refunds your stake as a bonus bet if your qualifying parlay loses by one leg. Same Game Parlay boosts are available regularly, and the iRewards loyalty program earns you points on every wager you place, redeemable at MGM resorts or converted back into betting credit. Weekly parlay reload offers add another regular incentive for frequent bettors.

Welcome bonus Bet $10, Get $150 in Bonus Bets If You Win
Promo code None required
Minimum deposit $10
Wagering / play-through 1x on bonus bets (single use)
Minimum odds No minimum odds requirement on the qualifying bet
Expiry Bonus bets expire 7 days after credit
Available in Virginia? Yes
BetMGM

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

BETBONUSMGM Bet Now
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

bet365

Pros
  • Generous welcome bonus
  • 24/7 live chat
  • Intuitive site interface
  • Dedicated mobile app
Cons
  • No VIP program

Founded in the UK and operating internationally for over two decades, bet365 entered the US market with a reputation built on deep market coverage, live streaming of eligible events, and a cash-out feature that gives bettors meaningful control over open wagers. In Virginia, the sportsbook covers the full range of major American sports alongside international markets in soccer, tennis, cricket, and more. The interface is feature-rich without feeling cluttered, and the app handles live betting particularly well. bet365's heritage as a spread-betting specialist also shows in the quality of its in-play pricing.

New Virginia customers can claim a Bet & Get offer with a guaranteed payout regardless of the qualifying bet result: place a $10 bet and receive $150 in bonus bets whether that wager wins or loses. There is no promo code to enter, and the minimum deposit to fund your account and place the qualifying bet is $10. That guaranteed structure makes this one of the more straightforward offers available in the state - you know exactly what you are getting without needing your first bet to win.

The one notable restriction is a minimum odds requirement: your qualifying $10 bet must be placed at odds of -500 or greater. In practice that means bets on very heavy favourites (shorter than -500) do not count as qualifying wagers. Bonus bets are credited after the qualifying wager settles and expire seven days later. As with all bonus bet structures on this page, the stake is not returned when a bonus bet wins - only the profit is paid as withdrawable cash.

Returning customers at bet365 benefit from Bet Boosts on selected markets each day, Parlay Boosts that increase the payout on qualifying multi-leg wagers, and the popular Early Payout feature on soccer (if your team leads by two goals, bet365 pays the bet as a winner). The Bore Draw refund on 0-0 soccer results and the cash-out tool on eligible bets give existing players additional tools that go beyond what most competitors offer as standard.

Welcome bonus Bet $10 Get $150 in Bonus Bets (win or lose)
Promo code None required
Minimum deposit $10
Wagering / play-through 1x on bonus bets (single use)
Minimum odds -500 or longer (bets shorter than -500 do not qualify)
Expiry Bonus bets expire 7 days after credit
Available in Virginia? Yes
Bet365

Bet $10 Get $365 in Bonus Bets Win or Lose

Bet Now
Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.

FanDuel

Pros
  • Wide range of sports and bet types
  • Includes deep prop markets
  • Fast withdrawals with PayPal and Venmo
  • Reliable app with quick loading and stable live betting
Cons
  • Some prop markets can be buried under extra clicks

By most measures, FanDuel holds the largest share of the US sports betting market, a position it built on app quality, aggressive pricing, and a loyal customer base carried over from its daily fantasy sports roots. The Virginia product covers every major professional and college sport, with a same-game parlay builder that is among the most intuitive in the industry. Live betting is fast and well-priced, and the app's design keeps navigation straightforward even during high-traffic events. FanDuel also runs FanDuel Faceoff, a free-to-play game that lets users compete for prizes without placing real-money wagers.

The welcome offer runs across five days rather than as a single transaction. Deposit $5 or more and place at least one $5+ real-money wager per day to earn one Bet Reset Token per qualifying day, for up to five days. Each token applies to an eligible bet of between $1 and $200 - if that wager loses, the stake is refunded as a bonus bet up to $200. Over five qualifying days, the potential value reaches $1,000 in token protection. No promo code is required to access the offer.

The mechanics are worth understanding clearly. The token applies before you place the wager, not after a loss occurs automatically. If you apply a token to a bet and it wins, you keep the winnings but receive no refund - the token is consumed regardless. Each token expires 24 hours after it is issued, and any bonus bets credited from a lost token bet expire seven days after they are credited. Winning bets placed with bonus bets pay out as cash profit only - the original stake is not returned.

FanDuel's existing-player calendar is one of the busier ones in the market. No Sweat Same Game Parlay tokens, Same Game Parlay Insurance, and daily odds boosts appear regularly. Bet & Get promos tied to specific sports or events run throughout the year, and the referral bonus rewards you when a friend signs up and places their first qualifying bet. FanDuel Faceoff adds a free-to-play layer for customers who want engagement without additional real-money risk.

Welcome bonus Bet $5 Get $200 in Bet Reset Tokens for 5 Days (up to $1,000 in tokens over 5 days)
Promo code None required
Minimum deposit $5
Wagering / play-through Tokens are single-use; refunded stake credited as 1x bonus bets
Minimum odds No minimum odds on the daily $5+ qualifying wager
Expiry Bet Reset Tokens expire 24 hours after issuance; bonus bets from lost token bets expire 7 days
Available in Virginia? Yes
FanDuel

New Users – Get $350 in Bonus Bets when you wager $5 for 7 days

Bet Now
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). First online real money wager only. Min $5 wager required for 7 consecutive days.$5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA). ™/© 2026 MLB

DraftKings

Pros
  • Legal in 26 US states
  • Long A-Z list of sports markets
  • Awesome promos
Cons
  • Limited list of legal states

DraftKings made its name in daily fantasy sports before becoming one of the first major operators to launch a regulated sportsbook in the US. That background shows in the product: DraftKings leans into player props, statistical overlays, and same-game parlays more than almost any other domestic competitor. The Virginia offering covers NFL, NBA, MLB, NHL, college football, college basketball, soccer, and a range of international markets. Live betting is a core strength, with a stream of in-play markets and boosted odds during major events. The Dynasty Rewards loyalty scheme adds a points-accumulation layer for regular users.

The welcome offer is one of the simplest to understand: place a qualifying bet of $5 or more and receive $150 in bonus bets, regardless of whether that bet wins or loses. There is no minimum odds restriction on the qualifying wager, and no promo code is needed. The $150 arrives in your account in staggered increments rather than as a single credit, typically delivered as multiple $50 bonus bets over several days after your qualifying wager settles.

That staggered delivery is a practical detail worth noting - you will not have the full $150 available to use immediately after your qualifying bet settles. Each tranche of bonus bets is single-use and expires seven days after it is credited to your account. Because the bonus bets are spread across a few days, you have a reasonable window to use each one without feeling rushed, but missing the expiry on any tranche means forfeiting that credit. The stake from any winning bonus bet is not returned - only the profit clears as withdrawable cash.

DraftKings runs a well-stocked ongoing promo schedule for existing customers. Same Game Parlay Insurance refunds your stake as a bonus bet if your SGP loses by a single leg. Profit Boost tokens multiply the profit on a winning wager by a set percentage. Daily odds boosts appear across major sports, and weekly parlay reload offers reward customers who bet consistently across the week. Dynasty Rewards points accumulate on every real-money wager and unlock higher-tier benefits as your activity grows.

Welcome bonus Spend $5+ Get $150 in Bonus Bets
Promo code None required
Minimum deposit $5
Wagering / play-through 1x on bonus bets (single use)
Minimum odds No specific minimum odds requirement
Expiry Bonus bets expire 7 days after credit
Available in Virginia? Yes
DraftKings

New DraftKings Customer: SPEND $5, GET $200 IN BONUSES

Bet Now
To be eligible for DraftKings Sportsbook and the Promotion, you must be physically located in AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NH, NY, OH, OR, PA, PR (residents only), TN, VA, VT, WY, WV, CA-ONT or CA-AB (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/NH/PR/WY/CA-AB) (19+ in CA-ONT). GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA) Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: Promos | DraftKings Sportsbook . Ends 9/20/26 at 11:59 PM ET. Sponsored by DK.

Fanatics

Pros
  • Available in over 20 US states
  • Welcome bonus available
  • Redeemable loyalty currency
Cons
  • Mobile-focused sportsbook

Fanatics entered sports betting with a significant structural advantage: a massive existing customer base from its sports merchandise and trading card businesses. That connection between betting and fandom runs through the product - FanCash earned through wagering can be spent on Fanatics merchandise as well as used for further bets. The sportsbook itself covers the major American sports with a clean, easy-to-navigate app, solid same-game parlay options, and daily odds boosts. It may not yet match the market depth of DraftKings or FanDuel in every category, but it has grown its offer quickly and continues to develop its product.

The welcome offer is structured differently from the others on this page. For each of your first ten days as a new customer, place a qualifying wager at odds of -200 or longer and Fanatics will match your stake in FanCash up to $100 per day. Win or lose, the FanCash is credited. Over the full ten days that is a potential total of $1,000 in FanCash - the largest headline value of any welcome offer on this page. No promo code is required, and the minimum deposit is $10.

The daily eligibility requirement is the key term to keep in mind: you must place at least one qualifying wager each day to earn that day's match, and the wager must be at odds of -200 or longer. Bets placed at shorter odds (-201, -300, and so on) will not count for that day. FanCash from the welcome bonus expires seven days after it is credited, and it functions as a single-use bonus bet - the FanCash stake is not returned with any winnings. FanCash can also be applied to purchases on Fanatics.com, giving it a use case beyond the sportsbook itself.

Existing Fanatics customers earn FanCash on every real-money wager placed through the sportsbook, which feeds back into either more bets or merchandise purchases - a loyalty loop that suits customers already engaged with the Fanatics brand. The ongoing promo calendar includes daily odds boosts, No Sweat SGP tokens, free-to-play games via FanZone, and weekly promotions tied to the major sports calendar. For customers who were already Fanatics shoppers before betting launched, the crossover between the two platforms adds meaningful incremental value.

Welcome bonus 10 x $100 Bet Match in FanCash (up to $1,000 total over 10 days)
Promo code None required
Minimum deposit $10
Wagering / play-through 1x on FanCash / bonus bets (single use)
Minimum odds -200 or longer (bets at -201 or shorter do not qualify)
Expiry FanCash from welcome bonus expires 7 days after credit
Available in Virginia? Yes
Fanatics

10 x $100 bet match in FanCash

Bet Now
Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER OR CALL 1-800-MY-RESET, www.mdgamblinghelp.org (MD), (800)-327-5050 or gamblinghelplinema.org (MA), Call (877)8-HOPENY or text HOPENY (467369) (NY), (888) 789-7777 or ccpg.org (CT), morethanagame.nc.gov (NC), 1800gambler.net (WV)

How to claim a sports betting bonus in Virginia

The sign-up process follows the same broad sequence across licensed Virginia sportsbooks. The specific minimum deposit and qualifying bet details differ by operator - refer to the mini reviews above for the numbers that apply to whichever sportsbook you choose.

  1. Confirm your eligibility: You must be physically located in Virginia and at least 21 years old to open a real-money sportsbook account. Your location is verified automatically by the app or site - you do not need to be a Virginia resident, just present in the state at the time of wagering.
  2. Choose a sportsbook: Compare the welcome offers in the ranked table above. Consider the bonus type, minimum deposit, minimum odds on the qualifying bet, and expiry window - not just the headline dollar amount.
  3. Register a new account: Visit the sportsbook's site or download its app and complete the sign-up form. You will need to provide your name, address, date of birth, and email address. All accounts are new-customer only - one per person and one per household.
  4. Verify your identity: Licensed Virginia sportsbooks are required to confirm your identity before processing deposits or withdrawals. You may be asked to upload a government-issued ID or provide the last four digits of your Social Security number. This step typically completes within minutes.
  5. Enter a promo code if required: None of the sportsbooks on this page require a promo code to unlock the welcome offer - but double-check the offer page before completing registration, as codes can be added or changed. Our sportsbook promo codes hub keeps a current list.
  6. Make your first deposit: Fund your account using a qualifying payment method (credit card, debit card, PayPal, online banking, or other options vary by operator). Meet or exceed the minimum deposit shown in the mini review for your chosen sportsbook.
  7. Place your qualifying wager: Place the required bet within the timeframe specified by the offer. Some bonuses credit immediately after the qualifying wager settles; others - like the Fanatics daily match - require a new qualifying wager each day for multiple days. Make sure you meet any minimum odds requirement before confirming the bet.
BetMGM
4.8 / 5
betting.net™ Rating
BetMGM Bonus

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

20+ sports available for wagering Pre-match and in-play betting Unique features like live streaming and boosted odds
Promo Code: BETBONUSMGM
Bet Now
PayPal Visa Mastercard Apple Pay Bank Transfer +9 American Express Skrill VIP Preferred PayNearMe Play+ Discover Wire Transfer Cash Venmo
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
BetMGM
4.8 / 5
betting.net™ Rating
Top Features
  • 20+ sports available for wagering
  • Pre-match and in-play betting
  • Unique features like live streaming and boosted odds
Cashout yes
Live Streams yes
Mobile Statistics yes
Bet Now Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
Bet365
4.7 / 5
betting.net™ Rating
Bet365 Bonus

Bet $10 Get $365 in Bonus Bets Win or Lose

Over 20 sports Extensive betting markets Live betting feature
Bet Now

Find out more on bet365's website

Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
Bet365
4.7 / 5
betting.net™ Rating
Top Features
  • Over 20 sports
  • Extensive betting markets
  • Live betting feature
Cashout yes
Partial Cashout yes
Live Streams yes
Bet Now Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
FanDuel
4.7 / 5
betting.net™ Rating
FanDuel Bonus

New Users – Get $350 in Bonus Bets when you wager $5 for 7 days

Deep market coverage across major U.S. sports and leagues Same Game Parlay builder is fast and easy to use Live betting interface updates quickly with real-time odds
Bet Now
PayPal Apple Pay Visa Mastercard Bank Transfer +6 American Express Cheque Prepaid Card Venmo Play+ Wire Transfer
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). First online real money wager only. Min $5 wager required for 7 consecutive days.$5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA). ™/© 2026 MLB
FanDuel
4.7 / 5
betting.net™ Rating
Top Features
  • Deep market coverage across major U.S. sports and leagues
  • Same Game Parlay builder is fast and easy to use
  • Live betting interface updates quickly with real-time odds
Cashout yes
Live Streams yes
Mobile Statistics yes
Bet Now Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). First online real money wager only. Min $5 wager required for 7 consecutive days.$5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA). ™/© 2026 MLB
DraftKings
4.6 / 5
betting.net™ Rating
DraftKings Bonus

New DraftKings Customer: SPEND $5, GET $200 IN BONUSES

Bet on 40+ different sports Dynamic odds on live, in-play fixtures Deposit and bet $5 to receive up to $300 in bonus bets
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PayPal Visa Mastercard Apple Pay Bank Transfer +7 American Express VIP Preferred Play+ Discover BankWire Venmo Cash
To be eligible for DraftKings Sportsbook and the Promotion, you must be physically located in AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NH, NY, OH, OR, PA, PR (residents only), TN, VA, VT, WY, WV, CA-ONT or CA-AB (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/NH/PR/WY/CA-AB) (19+ in CA-ONT). GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA) Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: Promos | DraftKings Sportsbook . Ends 9/20/26 at 11:59 PM ET. Sponsored by DK.
DraftKings
4.6 / 5
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Bet Now To be eligible for DraftKings Sportsbook and the Promotion, you must be physically located in AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NH, NY, OH, OR, PA, PR (residents only), TN, VA, VT, WY, WV, CA-ONT or CA-AB (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Must be 21+ years of age or older (18+ if in DC/NH/PR/WY/CA-AB) (19+ in CA-ONT). GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA) Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: Promos | DraftKings Sportsbook . Ends 9/20/26 at 11:59 PM ET. Sponsored by DK.
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Fanatics
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Types of sports betting bonuses in Virginia

The bonus mechanics you encounter in Virginia fall into a handful of categories that appear across both welcome offers and ongoing promotions. Understanding how each one is structured - before you commit real money - makes it far easier to assess whether the headline value translates into genuine benefit for the way you bet.

Bet & get

You place a qualifying wager - either on a winning or losing basis depending on the specific offer - and the sportsbook credits a fixed amount of bonus bets in return. For example: bet $10 on the Eagles -130 to win. Once the game finishes, $150 in bonus bets arrives in your account. In some versions of this offer, the bonus only pays out if the qualifying bet wins - check the terms carefully before placing.

Daily bet match

For a set number of days, each qualifying wager you place is matched by the sportsbook in bonus credit up to a daily cap. The match applies to your stake, not your winnings. For example: place a $100 wager on any market at -200 or longer each day for ten days. The sportsbook credits $100 in FanCash each qualifying day, win or lose, for a potential total of $1,000 in matched credit over the full promotional window.

Bet reset tokens

You earn a daily token that you can apply to a specific wager. If that wager loses, your stake is refunded as bonus bets up to a set cap. If it wins, you keep the winnings but the token is consumed without a refund. For example: earn a token by placing a $5+ qualifying bet each day. Apply the token to a $150 bet on the Celtics -110. If the Celtics lose, $150 is refunded as bonus bets. If they win, you pocket the profit and the token is simply used.

Bonus bets / free bets

Non-cash credits placed on qualifying markets. A winning bonus bet pays out the profit only - the original stake is not returned. For example: a $50 bonus bet placed at +200 odds. If the bet wins, you receive $100 in cash profit. You do not get the $50 stake back. This is the single most important structural detail of bonus bets - the effective value is the potential profit, not the full face value of the credit. You can read more about how free bets work across different sportsbooks.

Odds boosts / enhanced odds

The sportsbook temporarily raises the payout on a specific market beyond the standard price. This appears as both a welcome-adjacent offer and a regular existing-player promotion. For example: a same-game parlay boost improves a +350 parlay to +420 for a limited window. Same selection, higher payout if it lands - the boost is simply a temporary price improvement on a market you were already considering. Check the enhanced odds hub for current offers.

Parlay and SGP insurance

If your multi-leg parlay misses by exactly one leg, the sportsbook refunds your stake as a bonus bet. For example: a $30 five-leg NFL parlay. Four legs win but the fifth loses. Instead of losing the full $30, you receive a $30 bonus bet to use on your next wager. The insurance typically applies to same-game parlays and standard parlays of a minimum leg count - check the specific terms for each promotion.

Profit boost tokens

An existing-player credit that multiplies the profit on a winning wager by a fixed percentage. For example: apply a 25% profit boost to a $40 bet at +150. Standard profit if it wins would be $60. With the boost applied, you receive $75 in profit instead - an extra $15 simply for using the token on a winning wager. Tokens are single-use and often carry a maximum profit cap.

Loyalty and rewards programs

Points-based schemes that reward betting volume rather than outcomes. Every qualifying wager earns points regardless of whether the bet wins or loses. Points accumulate over time and can be redeemed for bonus bets, merchandise credits, or real-world rewards depending on the operator. For example: a loyalty program credits 1 point for every $10 wagered. After 500 points you reach a new tier that unlocks weekly reload bonuses and dedicated customer support. These programs reward consistent activity rather than individual bet results.

Reload bonuses

An ongoing deposit-match offer for existing customers, usually running on a weekly or event-specific basis. For example: deposit $100 during an NFL weekend promotion and receive $20 in bonus bets as a 20% reload match. Reload bonuses tend to carry lower match percentages than the initial welcome offers, but they give regular bettors a repeatable source of bonus credit throughout the season.

Common terms and conditions of sports betting bonuses

The gap between a welcome offer's headline number and its real-money value almost always lives in the fine print. Before claiming any bonus, it is worth spending two minutes with the key terms - the table below covers the conditions you will encounter most often at Virginia sportsbooks.

Term What it means Typical value at Virginia sportsbooks
Wagering / rollover How many times bonus funds must be wagered before any resulting winnings become withdrawable. 1x on bonus bets (single-use) is standard on US sports betting welcome offers
Minimum odds The shortest odds accepted on a qualifying wager or bonus bet. -200 to -500 or longer, depending on the operator; some offers have no minimum
Expiry / time limit How long you have to use bonus bets before they are forfeited. 7 days after credit is the most common; daily tokens may expire within 24 hours
Promo code A code entered at sign-up to unlock the offer. None required on the operators covered above; check the mini review to confirm
Eligible markets Which sports, bet types, or events the offer applies to. Most single-game wagers qualify; same-game parlays are sometimes excluded from qualifying bets
Maximum win cap A ceiling on the winnings you can collect from a bonus bet. Rare on standard bet-and-get offers; more common on token-based or daily-match credits
Stake return Whether the bonus bet stake is returned alongside any winnings. No - winnings only. A $50 bonus bet at +200 returns $100 in cash profit, not $150
New-customer only Welcome offers are limited to first-time depositors on the sportsbook. One per person and one per household is standard across all licensed Virginia sportsbooks

Two terms deserve particular attention. First, track the expiry window from the moment bonus bets land in your account - unused credits that pass the deadline are simply forfeited, with no extension granted. Second, remember that the stake is never returned on a winning bonus bet: the face value of a bonus bet overstates its worth because you can only collect the profit, not the full return a cash wager would generate.

Tips to maximize your sports betting bonus in Virginia

Getting the most from a welcome offer takes a little planning. The tips below apply across the sportsbooks featured on this page and will help you avoid the most common ways bettors leave value on the table.

Read the qualifying bet terms before you deposit

The minimum odds requirement and eligible markets on a qualifying bet can catch you out if you assume the first bet you place will count. A wager on a heavy favourite at -600 may not meet the minimum odds threshold, meaning you get the bet result but no bonus. Confirm the qualifying conditions for your chosen sportsbook before funding your account.

Match the bonus structure to how you actually bet

A daily-match offer spread across ten days rewards bettors who are active every day; a straightforward bet-and-get suits someone who wants to make a single qualifying wager and move on. Be honest about your betting habits - the offer with the largest headline number is not always the best fit if the structure requires a level of daily engagement you won't realistically maintain.

Sign up at more than one sportsbook

Virginia law does not prevent you from holding accounts at multiple licensed sportsbooks simultaneously. Each welcome offer is new-customer only, so you can claim one per sportsbook as long as you haven't previously held an account there. Spreading your activity across two or three sportsbooks also lets you compare prices on the same markets and consistently take the best available odds.

Use bonus bets on longer odds markets

Because the stake is not returned when a bonus bet wins, the effective value of the credit is the profit only. At short odds of -150, a $50 bonus bet returns just $33 in profit. At +200, the same $50 bonus bet returns $100 in profit. Deploying bonus bets on markets with positive or moderate odds makes the credit go further, even accounting for the lower win probability.

Set a calendar reminder for each expiry date

The most common way bettors lose bonus value is simply by forgetting to use credits before they expire. Note the exact expiry date and time when bonus bets land in your account. If you have multiple credits at different sportsbooks, a brief note or phone reminder ensures none of them are forfeited unused.

Compare the offer against total expected cost, not just the bonus amount

A $200 deposit required to unlock a $200 match is a different proposition from a $5 deposit that triggers $150 in bonus bets. Consider how much real money you are committing, what the minimum odds requirements cost you in terms of market flexibility, and whether the wagering conditions on the bonus bets themselves are workable. The best offer is the one with the most favourable net terms, not necessarily the biggest number.

Are sports betting bonuses in Virginia taxable?

Yes. In the United States, gambling winnings are treated as ordinary income for federal tax purposes, and Virginia applies its own state income tax to winnings as well. This applies to winnings generated from bonus bets, not just cash wagers - if you place a bonus bet and it wins, the profit is taxable income in the year it is received. Sportsbooks may issue a W-2G form for large individual wins, typically where winnings exceed $600 at odds of 300-to-1 or greater, but you are responsible for reporting all gambling income regardless of whether you receive a form.

Keep a record of your wagers and any winnings throughout the year - this makes the reporting process straightforward and helps if any discrepancy arises. The specifics of how gambling winnings interact with your overall tax situation depend on your individual circumstances. Speak with a qualified tax professional if you have questions about how to report your winnings accurately.

Other US state sports betting bonus pages

Betting.net publishes state-by-state bonus guides for every US state where sports betting is legal. If you are comparing Virginia's market against neighbouring states - or if you are travelling and want to know what's available elsewhere - the table below covers the full list. You can also browse sports betting bonuses at the national level to see the widest set of offers in one place.

Final thoughts

Virginia has a well-developed sports betting market with genuine variety in its welcome offers. bet365 stands out for its guaranteed payout structure - $150 in bonus bets regardless of whether the qualifying bet wins or loses - which removes the result-dependency that affects BetMGM's offer. Fanatics offers the highest headline value with up to $1,000 in matched FanCash, but that requires consistent daily activity across ten days and attention to the -200 minimum odds requirement each day.

Before settling on any single offer, weigh the structure against your actual plans. A busy sports week with multiple betting opportunities suits a token-based or multi-day offer; a one-off qualifier suits the simpler bet-and-get formats. For a broader look at how Virginia sportsbooks compare beyond their welcome bonuses, the state hub covers markets, apps, and payment options in more detail.

BetMGM
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BetMGM Review

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Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
BetMGM
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Bet365 Review

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Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
Bet365
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Bet Now Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
FanDuel
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FanDuel Review

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FanDuel
4.7 / 5
betting.net™ Rating
Top Features
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Bet Now Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). First online real money wager only. Min $5 wager required for 7 consecutive days.$5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA). ™/© 2026 MLB

FAQs

What is the best sports betting welcome bonus in Virginia right now?

The right answer depends on your betting habits. bet365's Bet $10 Get $150 offer is guaranteed regardless of whether the qualifying bet wins, making it one of the most straightforward offers in the state. If you plan to bet actively every day, the Fanatics 10-day match structure offers the highest potential total value at up to $1,000 in FanCash. Compare the T&Cs in the mini reviews above before deciding.

Do I need a promo code to claim a bonus at a Virginia sportsbook?

None of the sportsbooks on this page require a promo code to unlock their current welcome offer. The bonus is applied automatically when you register a new account and complete the qualifying steps. It is always worth checking the current offer page directly before signing up, as terms and code requirements can change.

Can I claim more than one welcome bonus in Virginia?

Yes. Virginia law permits you to hold accounts at multiple licensed sportsbooks simultaneously, and you can claim each sportsbook's welcome offer as long as you are a genuinely new customer at that site. Welcome offers are limited to one per person and one per household at each individual sportsbook.

What are wagering requirements and how do they work?

A wagering requirement sets out how many times bonus funds must be staked before any winnings become withdrawable. On US sports betting welcome offers, the standard is 1x on bonus bets, meaning each bonus bet is used once. This is much simpler than the higher multipliers common on casino bonuses. After you place and settle a bonus bet, any profit from a winning result is withdrawable cash.

Do bonus bet winnings include the stake?

No. When a bonus bet wins, you receive the profit only - the original stake is not returned. For example, a $50 bonus bet placed at +200 odds pays $100 in cash profit if it wins. You do not receive the $50 stake on top of that. This is a universal rule across every licensed US sportsbook and is the main reason the face value of a bonus bet overstates its practical worth.

Are sports betting bonuses in Virginia taxable?

Yes. Winnings from bonus bets are treated as gambling income under both federal and Virginia state tax law. You are required to report them as income in the year they are received. A sportsbook may issue a W-2G form for qualifying large wins, but reporting obligations apply regardless of whether a form is issued. Consult a tax professional if you are unsure how to handle gambling income in your specific situation.

What happens if my qualifying bet is voided?

If a qualifying bet is voided - typically because the event is cancelled or suspended - the stake is returned to your account as cash but the bet is not counted as a qualifying wager for the purpose of the welcome offer. You would need to place another qualifying bet to activate the bonus. The specific handling of voided bets can vary by operator, so check the full terms of the offer you are claiming.

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