Virginia BetMGM Bonus Code, Sportsbook Review & $1000 Risk Free Bet

VirginiaIsForBettors.com

By Mario Sanelli

Must be 21+ to participate. T&Cs apply.

User-friendliness and appeal are two main ingredients for a successful online sports betting site. BetMGM Virginia exceeds both criteria on their desktop and mobile app. Given the breadth of their product and accessibility in more than 10 states, a BetMGM account is a must-have for sports bettors.

A joint venture between industry powerhouses MGM Resorts and GVC Holding, BetMGM is a trusted brand in the US with a host of land-based casinos in other states. From the exclusive “LIONS BOOST” to daily notifications on betting opportunities, the BetMGM online sportsbook provides Virginia sports bettors an extensive and varietal betting menu that will serve the appetite of novice and seasoned players alike.

ProsCons
+ Free live streaming available of any gameX M Life Rewards is hard to attain for most bettors
+ Desktop and mobile app easy to useXPromotional offerings lacking
+ Variety of sports and betting marketsX Non-stop slideshow on homepage can be distracting

BetMGM Sportsbook Bonus and Promotions

BetMGM welcomes new customers with a risk free bet promotion of up to $1,000. This promotion is fairly simple - open up a new account, deposit the money and place your first wager on any sport. If your first bet loses BetMGM will refund it up to $1,000.

Promotion rules: Valid through December 31st, 2021. Minimum deposit needed is $10.

BetMGM Sportsbook Online Welcome Bonus

Free Bet OfferNo Free Bets
Deposit BonusNo deposit bonus/match
Total Bonus$1,000
Promo CodeVFBBONUS

Payment Options

  • ACH Transfer
  • Bank Transfer
  • PayPal
  • VISA
  • MasterCard
  • PayNearMe
  • Check
  • Play+

Deposits and Withdrawals

To add funds, select the “Deposit” option. There are many deposit options but fewer than other top operators. These include:

  • ACH/e-check
  • Debit/credit card
  • Online banking transfer
  • PayNearMe
  • PayPal
  • Skrill

Select a method and enter your information. Here you’ll enter an eligible BetMGM promo code (if applicable) before confirming your initial deposit.

For withdrawals, select “My Account” then “Cashier” from the dropdown menu. Click “Withdraw” and choose the option used to deposit for easiest results. Enter the amount and hit “Withdraw.” All withdrawals are subject to a 3-to-5-day review. Many operators are three days or less.

Once approved, your funds should be received in less than five hours. “Bonus Balance” funds are not available for withdrawal. BetMGM has no fee withdrawals and you can track the stages of your withdrawal.

BetMGM Sports to Wager on in Virginia

BetMGM Virginia’s catalog has a complete offering with all major professional and collegiate sports, including the NFL, NBA, NHL, MLB, PGA Tour and golf, MMA/UFC, soccer, tennis, boxing, NASCAR, college football and college basketball. International leagues also are accounted for, including the English Premier League, international hoops, international hockey, and international baseball.

The state, however, prohibits betting on any games that involve collegiate teams located in Virginia. Live betting and placing a prop bet also are prohibited across all collegiate games, not just ones involving Virginia teams.

There are numerous betting options for D.C.’s major professional sports teams – the Washington Football Team, the Wizards, Capitals and Nationals -- that include game lines, player props and futures bets.

Types of Contests on BetMGM

If you are looking for a betting market, you’ll find it at the BetMGM online sportsbook. For example, there is professional basketball betting from over a dozen countries available on the BetMGM app.

There are over 100 markets on BetMGM that include bets on spreads, totals, moneylines, quarters and halves, game and player props, race to points, winning margin, teasers, round robins, parlays and dual-player parlays (Ex: Russell Westbrook and Bradley Beal to each score 10+ points).

This sportsbook doesn’t regularly offer money contests like some top competitors do, such as tournaments and prediction pools. However, it does incentivize its promotions and is generous with awarding free bets, usually $5 but sometimes more depending upon how much you wager and how often.

BetMGM Sportsbook Features

One of BetMGM’s most enticing features is the daily “LIONS BOOST.” The sportsbook also features live betting, cash-out options on bets and promotions like the “Money Monday Club” and parlay variances.

Live Betting

Also known as in-play betting, you can wager on available lines after the game starts. These bets include traditional, props and parlay bets. Trying to lock in a bet when the game is being played requires strong attention to detail because the odds change quickly based on algorithms. For a less-frantic approach, make live bets during breaks in the action: timeouts, end of quarters, etc.

Cash Out Option

This allows customers to cash out their bets before a game is settled, providing them more flexibility with their plays. Cash Out is typically available for many straight and parlay bets. When you choose to cash out, you receive only a percentage of the original bet’s potential payout because it is in advance of the outcome. The amount is based on what is happening at that moment. BetMGM doesn’t allow for a “cash out.” After clicking the "Cash Out" button, the system will check the availability of the option for your bet. It’s a great way to lock in a profit.

Odds Boost

BetMGM’s exclusive “LIONS BOOST” is prominently displayed with a gold-glitter border. The feature gives the bettor the opportunity to make more on their wagers by enhancing odds on a selected market chosen by BetMGM and is usually tailored to a sport or player prop bet relative to teams/players in games Virginia bettors care about.

Same Game Parlay

Multiple wagers parlayed on the same game are growing in popularity and therefore are offered at more sportsbooks, including BetMGM VA. Customers click the game they wish to wager, select the “Same Game Parlay” tab and create their own parlay from that game. Combos abound in same-game parlays, such as tying together the moneyline, a player prop and a game prop.

User Experience

BetMGM Virginia sportsbook has a strong desktop user experience, and the recognizable black, gold and white interface reflects professionalism and precision. All the pertinent aspects of the sportsbook fit on one screen with minimal scrolling. Betslip populates effectively, and it is easy to navigate to pending bets. The live chat also works well on desktop.

A continual slideshow dominates the middle of the homepage, which can become distracting until you scroll past it or switch to another page.

BetMGM Mobile Betting App

Virginia’s BetMGM mobile app is available for Android and iOS. The interface is simple to use for customers who look to navigate by sport – similar to the interface provided on desktop. The app centralizes the Home, A-Z Menu, Betslip, My Bets and Promotions tabs along the bottom of the mobile screen. It is, simply, a pleasure to use and a great online sports betting experience.

The continual slideshow is again prominent across the top of the homepage, but so is the “LIONS BOOST,” which is a nice touch. Users can toggle through tabs, look for a desired betting market and access their betslip to place bets with speed and rare lag.

The app uses geolocation software to ensure you are within Virginia state lines, as required by regulators.

Signing Up For a BetMGM Account in Virginia

Registering for an account with BetMGM in Virginia is easy. Only minimal information is required to verify your identity. Make sure to use our promo code VFBBONUS during the registration process.

To start a new account, select “REGISTER.” Next, users are prompted for information to verify identity:

  1. Email address and create password. New users also can use their Yahoo! Sports account to register.
  2. First & last name
  3. Date of birth
  4. Account name and password
  5. Social Security number (all digits, only last four are visible)
  6. Phone number
  7. Physical address

Users then set security questions for forgotten password retrieval. Once identity information and location are verified it’s time to make an initial deposit from the sportsbook’s homepage. That is where a BetMGM promo code may be needed to unlock the best bonus. You may also be asked for a copy of a state-issued ID or passport to further establish your identity.

BetMGM Sportsbook Loyalty Program

BetMGM automatically enrolls you into M Life Rewards – MGM Resorts’ loyalty program – and iRewards Points (iRPs). Tier Credits in the program are earned every time you place a wager. Points and credits can be used at MGM sportsbooks online, casinos or any MGM casino property.

iRPs are redeemable in the online sportsbook’s Loyalty Store for bonuses and express comps. Bonuses can be used to place any sports wager. Express Comps can be used for rooms, dining and other amenities at any MGM casino nationwide.

Tier Credits go toward a player’s M Life Tier Level Status, which consists of five levels: Sapphire, Pearl, Gold, Platinum and Noir. Players automatically start at Sapphire and need to reach 25,000 credits to gain Pearl status. Gold requires 75,000 credits, Platinum 200,000 and Noir is invite only.

iRPs and Tier Status are tied together. The higher your Tier Status, the higher your iRPs earning rate. Sapphire-level customers earn base iRPs; Pearl is base plus 10%; Gold is plus 20%; Platinum is plus 30%; Noir is plus 40%. Tier-credit earnings are the same as base iRPs plus the percentage bonus in a given level. Access your iRewards Points balance through Loyalty/M Life tab in the “My Account” dropdown menu.

Bet Responsibly

BetMGM dedicates a full page to responsible gaming and how the sportsbook practices it, with resources and tools accessible to its customers.

BetMGM doesn’t decide if a user is gaming irresponsibly through that person’s account activity but provides an abundance of options to reverse course once that personal decision is made, such as “self-exclusion and personal limits.”

These encompass customers’ ability to set deposit limits, time on-site limits and loss limits. Users also can suspend their account from three days to 180 days or close an account simply by contacting customer service.

The sportsbook also provides details about The Problem Gambling Helpline, The Virginia Council on Problem Gambling website, Virginia’s statewide self-exclusion list. There is also an explanation of problem gambling and its warning signs, plus links to materials for additional information.

Our Expert Opinion on BetMGM Sportsbook in VA

BetMGM should be a top pick for any serious or novice sports bettor in VA. The desktop and mobile app are easy to navigate and use commonly understood terms rather than obscure betting terminology.

It offers an extensive variety of betting options but doesn’t neglect the meat and potatoes of traditional sports bets for people who want to set it and forget it – pick a team or points total and let it be.

The “LIONS BOOST,” an exclusive offering from BetMGM, keeps uses engaged because the prop bet offered often breaks from the norm and features a sport, player or market that might not be as mainstream. The BetMGM mobile app keeps players in the know with frequent notifications on new betting opportunities as well as the availability of free bets. The desktop site sends your account inbox messages with similar opportunities.

M Life Rewards and Tier Status cater to bettors with bigger bankrolls but are unattainable for the casual bettor, which is a drawback of the program.

BetMGM doesn’t offer many consistent options for promotional tournaments and prediction pools. They do however push other features on their promotions page such as parlays and insurance on those parlays, and the “Money Monday Club,” where participants receive a $10 free bet when they place a total of $50 in qualifying wagers during the previous week.

The promotion runs weekly, Monday-Sunday, and you do need to make sure you make a qualifying bet to participate.

BetMGM’s pros list far outweighs its cons and should be a go-to betting site for Virginia sports bettors.

BetMGM Sportsbook VA FAQ

Yes. You can use the BetMGM sportsbook app in Virginia as of January 2021, when the sportsbook launched. Residents and visitors can create an account and play on the Virginia BetMGM sportsbook within state lines.

Yes. BetMGM is licensed and regulated in Virginia by the state lottery as a sports betting permit holder. It launched in January 2021.

You have to be 21 years old to place a sports bet on BetMGM in Virginia.

There are several states with a BetMGM online casino offering casino games and slots, but Virginia is not one of them. Online casinos are not legal in Virginia.

Yes, you need to report winnings on your taxes. When you win, BetMGM will issue you a Form W2-G if the win is large enough. Even if it is not, you are still required by the IRS to report gambling winnings. This information is accessible in “My Account” menu for each calendar year in which you’ve had a BetMGM account.

Yes. You can bet on college sports using BetMGM, but Virginia prohibits wagers on games involving in-state colleges such as the University of Virginia and Virginia Tech. Live betting and player prop bets across all collegiate games also are prohibited by the state of Virginia.

Yes. You can access the BetMGM sportsbook app outside of Virginia. If you have established a BetMGM account and are in a state that has licensed BetMGM as an operator, you can switch to that state within the desktop or mobile app and place a sports bet.

It is easy to contact BetMGM if you have questions. BetMGM has a great interactive FAQ section that guides your questioning. Alternatively, you can use the chat function to answer direct questions or send an email. You can access these resources through the BetMGM Help & Contact Page

Must be 21+ to participate. T&Cs apply.

Contributors

Mario Sanelli

Reviewer since January 2021

Mario Sanelli writes about sports betting and casinos for VirginiaIsForBettors.com. He previously was the editorial assistant and a general-assignment reporter at The Denver Post for five years after serving as chief editor of The Metropolitan at MSU Denver. Mario was a NFL and college football insider with Mile High Sports for six years.

Interests: Online sportsbooks, Sports betting