Sports betting ramps up in Virginia with companies offering bonuses for signing up

Sports Betting Customer Withdrawals
Posted at 12:09 PM, Jan 28, 2021
and last updated 2021-01-29 11:08:15-05

HAMPTON ROADS, Va. - Sports betting is now legal in Virginia with the first bets allowed back on January 21.

Thousands of games across professional and collegiate sports from around the world, with millions of betting options including in-game wagering, are available to sports bettors 24/7 from anywhere in the state.

The first bets started through FanDuel but now the first four sportsbooks are competing for wagering customers. Bettors have been offered some bonuses for signing up for any of the four sportsbooks.

We took a look at what each company has to offer:

FanDuelFanDuel entered into the legal sports betting industry in 2018. They opened in Virginia last week on January 21. For a new user’s first bet, FanDuel is offering a $1,000 risk-free bet. You’ll receive a full-refund in site credit if you lose. Sports offered include NFL, MLB, NBA, Golf, NHL and MMA. The app is available on Android and Apple. You can sign up now and get 55/1 odds on the Super Bowl with a max bet of $5.

DraftKingsDraftKings has a slew of promotions for new users. You can double your money if a TD is scored in the Super Bowl. You can enter in a Virginia $500K leaderboard that allots $10 in a free bet instantly. DK is offering a 20% deposit bonus up to $1000 for new users only.

BetMGMThe BetMGM Sportsbook launched on January 27. They’re owned by MGM Resorts in Las Vegas. New customers have an offer of a risk-free bet up to $500. An NBA one-game parlay insurance bet is active up to $25. BetMGM also offers live streaming of games.

BetRiversRush St. Interactive launched the BetRivers online sportsbook in Virginia on Wednesday, January 21. RSI partnered with Rivers Casino Portsmouth. RSI will operate in VA for 20 years from launch in long-term agreement. BetRivers offers live-sports streaming options. At first deposit, up to $250 match on your first deposit. If you deposit $100 with the code BIGGAME500, you can unlock up to $500 in free bets.