PointsBet VA Sportsbook Promo Code & Review
PointsBet Online Sportsbook offers Virginians all the traditional sportsbook betting options alongside its innovative PointsBetting system. Sign up with Points Bet Virginia and get five second-chance bets worth up to $250. Keep reading to find out exactly how this welcome bonus offer works.
In addition to the outstanding sign-up bonus, PointsBet has something no other Virginia sportsbook does – PointsBetting. PointsBetting is a unique way to bet where your wins and loses change based on exactly how right or wrong your bets are.
We’ll cover all the details of the welcome offer in this review, alongside everything else you should know about PointsBet in Virginia. Including the native mobile app for iOS and Android, the various betting markets, banking and support options. All the info you need to get started on one of Virginia’s most innovative regulated sportsbooks.
PointsBet Sportsbook Virginia bonus for June 2023
One of the keys when choosing which sportsbook app to sign up with is figuring out what they offer in return. In the case of PointsBet, it’s up to $250 in second-chance bets.
In order to take advantage of the offer, you do NOT need to enter a PointsBet Sportsbook promo code, simply register using the links on this page.
Here is how your five second-chance bets at PointsBet Virginia work:
- Every day, for your opening five days at PointsBet Virginia, the first cash bet you place will be refunded if it loses for up to $50 a day.
- That refund comes in the form of a bet credit.
- All fixed-odds wagers are eligible for the refund, but PointsBetting wagers are not.
- Any bet credits awarded expire seven days after being issued.
- If your first bet wins or you forget to make a wager during one of the five days, that second-chance bet simply goes away, it does not carry over.
PointsBet Sportsbook promo code VA 2023
|PointsBet Virginia Promo Code||Click to claim promo|
|Total Sign-Up Value||Up to $250|
|Second-Chance Bets Awarded||Five|
|$50 max per day for five days|
|Refund delivered as a bet credit|
|PointsBet Virginia Launch||December 2021|
|Last Updated||June 3, 2023|
Other PointsBet promotions and bonus offers
Along with the second-chance bets offer, PointsBet has a variety of other bonuses and promotions.
Daily odds boosts are fairly common on most Virginia sports betting apps, and for a good reason; they’re great value. Every day PointsBet boosts the odds on various games and bets on their site, so be sure to check in frequently, so when you see ones that you like you’ll be able to take advantage of the extra winnings you’ll receive.
Another thing to note is that PointsBet also has a loyalty program that allows you to earn points for every bet you make. The breakdown is pretty straightforward. You get one point for every $5 in fixed odds bets you place, and $1 parlay bet for every $1 won or lost with PointsBetting. Points can then be redeemed for bonus money to wager with. Every 250 points will get you $2.50 in bet credits.
What is PointsBetting?
PointsBetting is a unique offering at PointsBet Sportsbook and quite simply it’s not for the faint of heart or the risk-averse.
In normal sports betting, whether you’re betting the moneyline, against the spread, over/unders, or parlays you know exactly how much money you will win or lose at the time you place your bet. That is not the case when it comes to PointsBetting.
In PointsBetting neither your wins nor losses are fixed. Instead, they vary based on the amount you were right or wrong with your wager. Here’s an example that should simplify things:
Say you place a $1 PointsBetting wager on the favored Washington football team to cover the seven-point spread. If Washington goes out and wins by 14 you would win $7 because they covered the spread by seven points (7×1=7). But on the other hand, say Washington only wins by 1 point, in that case, your $1 bet would turn into a $6 loss because Washington failed to cover the spread by six points.
There are a couple of key points to understand when it comes to PointsBetting. First, each market has a different multiplier cap applied to it depending on the volatility involved. Some are as high as 250x, while others are as low as 10x.
You also are not tied to those multiplier caps. Instead, you have the option of selecting your own. So you could cap a PointsBetting bet at 5x and be assured you couldn’t win or lose more than five times your original bet.
Given the potential big losses that can occur with PointsBetting, part of your balance will be withheld when you have active PointsBetting wagers in play. And don’t worry, when placing PointsBetting wagers the sportsbook will always displace your max win level, max loss level, and balance withheld so that you know exactly where you stand at all times.
PointsBetting is definitely not for everyone, but it’s something that sets PointsBet apart from most other sportsbooks on the market. And keep in mind, when you join PointsBet Virginia you get five second-chance bets worth up to $250, but PointsBetting wagers are not eligible for the bonus.
Is PointsBet legal in Virginia?
Yes, PointsBet is legal in Virginia. Sports betting was legalized in April 2020, when the state legislature passed a sports betting bill allowing sportsbooks and betting apps in the state. PointsBet didn’t launch immediately, but arrive in December of 2021.
A few things to know about sports betting laws in Virginia: you don’t have to live in the state to bet on sports, but you do have to be within state lines in order to do so. The law mandates that there be a minimum of four and a maximum of 12 sportsbooks available in the state to help ensure a better market for bettors.
And two final points: the law allows for betting at a major-league stadium that has yet to be built in the state, that could possibly be home to Daniel Snyder’s NFL franchise, the Washington Commanders, if they can get a stadium built in Virginia. And lastly, betting on Virginia college teams is not allowed under the law.
How to create a PointsBet Virginia account
In today’s world, signing up for products and services online is second nature, and for the most part, creating a PointsBet account in Virginia is no different. The only major differences are that you’re required to give a little bit more personal information and you must ensure that you have geolocation technology on the device you are using switched on.
To start at PointsBet, head over to the sportsbook. You’ll be required to provide the following info:
- date of birth
- home address
- phone number
- Social Security number
- No PointsBet Virginia bonus code is required
You’ll provide a user name and password. And whether you’re using a phone, tablet, laptop, or regular computer, you will need to have geo-tracking turned on so PointsBet can verify you are within Virginia borders. This shouldn’t be an issue, unless you’ve for some reason turned that off.
Along those same lines, once you’ve created your account, remember that you can only place bets while within state lines. You can still access your account while not in Virginia, but you can’t place any new bets until you return home.
PointsBet is actually fairly new to the sporting betting marketplace, having begun operations just a few years ago in 2017. But they are expanding quickly across the US with established sportsbooks in numerous states including New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan, West Virginia and now Virginia.
And despite being a lesser-known name in the sports betting world than DraftKings or FanDuel for example, PointsBet has a lot to offer its customers.
PointsBetting is arguably the best and most distinctive feature at PointsBet, as it allows bettors’ wins and losses to fluctuate based on how right or wrong their bets turn out to be.
The promotions that PointsBet runs with regularity are another reason it’s a great sportsbook to take your business to. From daily odds boosts to sport-specific offers, PointsBet is constantly offering something new to benefit its users.
When it comes to sports betting, seconds matter, which means the speed of a sportsbook’s website and app are extremely important. That’s something that PointsBet prides itself on, and it shows by their site and app performance. The last thing you want as a bettor is the app freezing up on you and not being able to get your bet in on time.
As for customer service, of course, you can email PointsBet if you encounter any problems. But sometimes you need answers immediately and that’s why it’s awesome that it has live chat available 24 hours a day. You can also reach out to them via Twitter if you have a bet they don’t have a market for. Simply tweet at them using #nameabet and if they can, they’ll make it live for you.
PointsBet Sportsbook app
It’s often easier to sign up and create your PointsBet account from a computer or laptop since there’s a decent amount of information to type in at the onset. One of the best aspects of online sportsbooks is the ability to get their apps for your cellphone or tablet, thus being able to have a live sportsbook with you at all times.
The PointsBet app is free and available for both Android and Apple devices. You can download it for either iPhone/iPad or Android by visiting the PointsBet site. From there, simply follow the installation instructions and create a new account.
Once you’ve done that, take a few minutes to get to know the app and learn where things are so you won’t have any problems making bets, especially if you’re short on time.
Don’t forget, when you create an account with PointsBet Sportsbook in Virginia you’ll get five second-chance bets worth up to $250 total.
Types of bets available on PointsBet Online Sportsbook
Whether you simply like to pick winners, over/under totals or go against the spread, there are options for just about everyone at PointsBet Sportsbook. Let’s take a look at the most popular bets available at PointsBet.
- Moneyline bets allow you to pick the winner of a game. Favorites are indicated with negative odds, while underdogs are positive. The bigger the underdog the more money you’ll win if you’re right.
- Betting the spread is tougher to get right because points are either added or subtracted from a team’s total at the conclusion of a game. In order for your bet to win, the team of your choosing must cover the spread.
- Over/unders are another popular bet. They usually apply to game totals in which you pick whether the final score will be over or under the line provided by PointsBet. Over/unders can also be used for picking player stat totals in a given game or season.
- Betting props are side bets on whether or not specific things will happen during a game, such as a player hitting a home run or scoring a touchdown, or even more random like a safety being recorded in an NFL game. This type of wager is one of the most talked-about leading up to the Super Bowl.
- Betting on futures is just what it sounds like, betting on what you think will take place in the future. It is most commonly done with regard to the regular-season team win totals or predicting which team will win the championship. Futures bets can also be made on individual players winning regular and postseason awards.
- Parlays and round-robin bets are similar, with parlays being slightly harder to win. In a parlay bet, you bet on multiple selections at once, and the more selections you make, the more you will win if correct. But miss just one and the entire bet loses. With round robins, you basically have the ability to miss one of your selections and still win, albeit a smaller amount.
- Teasers are usually done when betting on NFL or NBA games. They allow bettors to move the line up or down to either increase or decrease the odds of getting various bets correct. As the odds change, obviously so do your possible winnings.
PointsBetting is exclusive to PointsBet and it allows bettors to profit based on how correct their bet is. It also has the inverse effect that bettors can lose more money based on how incorrect their bet was.
Sports you can bet on at PointsBet in Virginia
At PointsBet you have the ability to bet on just about any sport you choose, although Virginia law does prohibit betting on Virginia college teams. The law does not apply to tournaments, such as betting on March Madness, in which Virginia teams might be playing.
As for the lesser-known and followed sports, you can bet on them too at PointsBet. Try your hand at Aussie Rules football, cricket, cycling, darts, rugby, or table tennis.
Virginia sports betting guide
The four major professional sports leagues (NFL, NBA, NHL, and MLB), along with college football and basketball, represent the majority of legal wagering done at sportsbooks in the US. While Virginia does not have any pro teams that call the state home, and betting on local college teams is prohibited, that doesn’t mean there aren’t teams close by that you can bet on and enjoy rooting for during the year.
The NFL’s Washington Football Team plays its home games in nearby Landover, MD, while the team’s practice facility and headquarters are actually located in Virginia. There also is the chance that owner Daniel Snyder could build a new stadium located in Virginia. No matter what happens, you’ll be able to bet on all Washington games, both before and during games (live betting), and place prop and futures bets on the team as well as the NFL as a whole.
If you prefer to bet on baseball, both the defending World Series champions, the Washington Nationals and the Baltimore Orioles are located fairly close by, giving bettors both a National and American League team to wager on. You can bet on individual games, place prop bets and futures wagers, and enjoy live betting.
In the NBA, both the Washington Wizards and Charlotte Hornets play in states bordering Old Dominion, giving Virginians teams to root for and bet on. When it comes to the NBA, you will be able to bet before and during games and place prop bets and futures bets for every team in the league.
Just like the NBA, in the NHL, the Washington Capitals and Carolina Hurricanes are located in neighboring states, giving PointsBet customers multiple teams in adjacent states to cheer on. You can bet on all NHL games, both before and after they start, in addition to placing prop bets and futures bets.
When it comes to soccer, the nearest MLS team is DC United, but the reality right now is that, even in the US, international soccer is the bigger betting draw. Two of the top leagues that many bettors enjoy wagering on are the English Premier League (EPL) and the UEFA Champions League.
PointsBet sports betting futures market
Futures betting is one of the more popular forms of betting, especially for people who enjoy watching an entire season play out, as opposed to having their bets determined in a single night.
The most common futures bets would involve betting on nearby teams’ over/under win totals. For example, before the season you could have bet on the Washington Football Team’s win total for the 2020 season, which PointsBet set at five. If you selected the over, all it would take is six wins for your bet to pay off.
Another desirable futures market is picking which team you think will win a championship. If PointsBet was legal back in 2018 and you bet on the Washington Capitals to hoist the Stanley Cup at season’s end, or the Washington Nationals to win the World Series last year, you would have been a big winner.
It’s not just teams that you can bet on when it comes to futures wagering, you also bet on individual awards and stat totals. If you had picked the Baltimore Ravens quarterback Lamar Jackson to win the MVP award before last season began, you would have cashed in big time.
Just be sure to check in regularly when it comes to futures betting because the odds can change a great deal depending on various moves a team makes, or when a star player gets injured. Remember though, the odds you get when you place your bet do not change.
Banking at PointsBet Sportsbook
Depositing money at PointsBet is a fairly simple and straightforward process.
The minimum deposit is $10, and the following options are available:
- bank ACH/e-check
- Visa or Mastercard
- bank transfer
Withdrawing is a similarly easy process. Generally you will have to withdraw using the same method you deposited with, at least for the amount of your initial deposit.
How to contact PointsBet customer support
Hopefully, you never have any reason to contact PointsBet’s customer support, but the good news is if any issues do come up, their support staff is there for you 24 hours a day.
You can contact PointsBet customer service via chat, day or night. If your need is less urgent you also can reach out to them via email. And a final option, if you just need a random question answered, you can also message them on twitter @PointsBetUSA.
Responsible gaming at PointsBet
Sports betting should be something that is fun, and if done right, allows you to make a few bucks at the same time. PointsBet is aware that for some people gambling can become an addiction that when unchecked can have grave consequences. That is why they have a section of their website dedicated to responsible and problem gambling.
On that page, they provide links to help players figure out if they have a gambling problem. And, if so, who they can talk to, as well as information on what PointsBet can to do help.
In that regard, players can set up limits on how much and/or how often they will be allowed to bet. As it says on the website, “Gambling should always be treated as a form of recreation and should not be viewed as an alternative source of income or a way to recoup debt.”
PointsBet Sportsbook FAQ
Sign up with PointsBet Virginia here (no promo code required) and you’ll get five second-chance bets worth up to $250 total. Refunds from this PointsBet welcome bonus are awarded as bet credits. See the sign-up bonus section above for full details.
Yes, PointsBet received its sports betting license from the Virginia Lottery which is in charge of sports wagering in the state. PointsBet also is legal in seven other states currently, New Jersey, Iowa, Indiana, Colorado, West Virginia, Michigan and Illinois. If you experience any problems with PointsBet in Virginia you can reach out to the VA Lottery via phone (804-692-7777) or by sending a message through the Lottery’s website.
To bet on sports you need to be 21 years of age or older in Virginia, it also is required that you are physically in the state when placing bets. Because of that requirement you’ll need to enable geolocation software on your computer, tablet or phone, otherwise you will not be allowed to make any sports wagers.
PointsBet offers a unique sports betting options known as PointsBetting. PointsBetting takes your original wager and multiplies it by how right or wrong your bet was. So if you bet $10 on the under and the final score is 20 points below the under, you would win $200 (10×20=100). However if the final was 10 above, you would lose $100.
Yes, but unfortunately you cannot bet on any colleges or universities from Virginia due to Virginia law. So betting on Virginia Tech or Virginia is not allowed. VA gaming law also forbids prop betting and live, in-play betting for all NCAA events.
PointsBet and FanDuel are among the best mobile sports betting apps in the state. Both apps offer tons of promotions that users will be happy with. PointsBet has more betting markets, including PointsBetting, and its app is a little faster, while FanDuel tends to have slightly better odds.