FanDuel Virginia Promo Code February 2025 - Bet $5, Get $150 in Bonus Bets if Your Bet Wins

Virginia’s sports betting market is heading into its fourth year after launching in January 2021. It quickly became one of the most profitable in the country, with around $20 billion being wagered since the launch. As a result, the Old Dominion State has seen over $235 million in tax revenue.

FanDuel Sportsbook has played an important role in the Virginia market. The sportsbook accepted the very first wager in the state, kicking off a new era. Despite 12 other sportsbooks now being live, FanDuel Virginia continues to lead the competitive market.

In this article, I'll go through everything you need to know to begin wagering with FanDuel Sportsbook Virginia. I’ll cover everything from bonuses to payment methods to help you get started with this industry-leading sportsbook. 

For more sports betting bonuses in Virginia, take a look at the best Virginia sportsbook bonuses.

FanDuel Virginia Promo Overview

FanDuel Virginia Welcome Offer

FanDuel Virginia has one of the best welcome bonuses on the market. They are giving new users $150 in Bonus Bets when their initial wager of $5+ wins. While this means the reward isn’t guaranteed, FanDuel puts the odds in your favor by allowing wagers on heavy favorites.

If the initial wager wins, the Bonus Bets will be automatically added to the bettor's new FanDuel account within 72 hours. Be sure to confirm when those Bonus Bets arrive, as they expire seven days after receipt.

It’s important to remember that Bonus Bets cannot be withdrawn for cash. That means if you receive the $150 in Bonus Bets, it doesn’t mean you have $150. Too many bettors misunderstand this and overspend, attempting to earn some extra money.

How to Claim Your Bonus at FanDuel Virginia

New players at FanDuel Virginia can claim FanDuel’s welcome bonus without a promo code. Simply sign up, make a deposit, make a wage of $5+, and wait for the result. 

If you have questions about claiming your FanDuel Virginia bonus, we have you covered. Here is a brief step-by-step guide for getting started with FanDuel

1. Gather Necessary Info: FanDuel is required to verify your identity and banking method, so be sure to have this information available when signing up. 

2. Create an Account: Click the green “Join Now” in the upper right corner to create your new account. Enter the information as prompted, paying special attention to creating a secure password. 

3. Make a Deposit: FanDuel Virginia requires bettors to make an initial deposit of at least $10. Choose which payment method works best, and enter the information. 

4. Place a Wager: Now that you have money in your FanDuel Virginia account, it is time to make your initial wager. Find the event you’d like to bet on, and be sure to stake at least $5.

5. Use your Bonus Bets: Bonus Bets expire within seven days of receipt, so be sure to use them before. These bets could earn you real money, so be sure not to let them go to waste.

Claim $150 in Bonus Bets at FanDuel VA

More FanDuel Promos Available in Virginia

Same Game Parlay Boost

FanDuel is constantly offering boosts for same-game parlays. Each promo typically focuses on a particular sport or event, allowing bettors a chance at bigger payouts. These promos usually need to be used the same day they are claimed, so be sure to check when you are ready to place some wagers. 

Swish Showdown

This promo is a great example of why we love FanDuel Virginia. Swish Showdown is a free game to earn cash prizes or Bonus Bets. Each day, you’ll have a chance to make a basketball shot in the game to earn prizes. This is a fun and easy way to earn prizes without having to wager real money.

Refer a Friend

Are you looking to earn some easy Bonus Bets? If you can get a new customer to sign up with FanDuel Virginia, you’ll receive $50 in Bonus Bets. The reward will be paid out once the new bettors have their first wager settled. Those bets can be used to wager on sports at FanDuel but cannot be withdrawn for cash. 

Kick of Destiny 3

Those Manning boys are at it again. Eli and Peyton will have a field goal competition during FanDuel’s Kick of Destiny 3. FanDuel Virginia customers can pick which Manning brother they think will win a chance to earn a share of the $10,000,000 Bonus Bet prize.

What We Like About FanDuel Virginia

Competitive Bonuses for Existing Players

Most US sportsbooks offer fantastic welcome bonuses, but skimp on those for existing players. FanDuel takes a different approach, consistently offering promos for all customers. These can include profit boosts, Bonus Bets, and more. 

Strong Reputation

Handing your financial and personal information to an online sportsbook can be intimidating. That's why many people trust FanDuel, which built its brand in the US long before sports betting became legal. FanDuel’s industry-leading security and customer-centric focus make it an appealing choice for bettors of all backgrounds.

My Spend Feature

This is a finance tool FanDuel offers. It allows customers to easily view their finances with FanDuel, including the amount of money they have deposited. The purpose is to help bettors get a clear picture of where they are, preventing them from overspending and finding themselves in financial peril. 

DFS & Horse Racing

Another reason we love FanDuel Virginia is that it offers more than standard sports betting. It also offers world-class horse racing and daily fantasy sports platforms, which customers can easily navigate, making the operator stand out from its rivals.

Banking Options at FanDuel Virginia

Deposit Options

• Credit Cards

• Debit Cards

• Online Banking

• Apple Pay

• PayPal

• Venmo

• PayNearMe

• Play+ Prepaid CardWire Transfer

• Cash at Retail Location

• FanDuel Gift Card

Withdrawal Options

• Online Banking

• Debit Cards

• PayPal

• Venmo

• Check

• In-Person Cash at Retail Location

Do you still have questions about your payment options at sportsbooks? Check out our list of the fastest payout sportsbooks.

How to Make the Most of FanDuel Promotions in Virginia

It’s crucial to ensure you always get the most out of our FanDuel Virginia’s promotions. Below are a few tips on how to do so:

• Check the Promos Page: FanDuel Virginia is constantly updating its promo page with new offers, so we recommend continually checking before you place a wager.

• Carefully Select Your Initial Wager: We recommend picking a safe bet for your initial wager of $5+. While it will lead to a smaller payout, it will also give you the best chance to earn $150 in Bonus Bets.

• Always Read the T&Cs: While many people skip the fine print, it’s a mistake to do that with FanDuel Virginia promos. The terms and conditions will also provide the promo period, expiration dates, betting requirements, and more. Missing out on these could result in a missed promo.

• Don’t Overspend to Claim Promos: As tempting as FanDuel’s promos are, it’s crucial not to overspend to claim them. With Bonus Bets unable to be withdrawn, most promos leave bettors with the possibility of walking away with nothing. Keep that in mind before committing to any offer.

FanDuel Virginia Promo Terms and Conditions

Each FanDuel Sportsbook Virginia promo has fine print that you must read. The print includes essential information that you need to know to take full advantage of a promo. 

What to Know

• Minimum Bets: One of the most essential parts of any FanDuel Virginia promo is the minimum bet. These must be followed to qualify for any promo, so verify before placing a wager.

• Minimum Odds: Most promos will set minimum odds in the T&Cs to prevent bettors from loading up on overwhelming favorites to earn easy Bonus Bets. Missing this will lead to being disqualified for the promo.

• Expiration Dates: Everything on FanDuel comes with an expiration date. That includes promos and Bonus Bets. Failing to verify these dates can result in wasted bonuses.

• Bonus Bet Requirements: Be sure to understand all the rules and requirements for Bonus Bets, including when they expire and how they can be used.

• Promo Codes: Most FanDuel Virginia promos don’t require a code, but the T&Cs can confirm this.

What Can You Bet on at FanDuel VA

Sports Markets at FanDuel VA

Types of Bets

• Moneylines: This bet type involves picking which side will win a particular event.

• Point Spreads: The spread is a handicap set by a sportsbook on a particular event. Bettors place wagers on the winner to cover the spread or the underdog to beat it.

• Totals: This is one of the most straightforward bets. The sportsbook sets a total for the total scores or points for an event, and bettors pick if they think the final score will be above or below that total.

• Parlays: This multi-leg wager offers bigger payouts but requires each bet to win. It is quickly becoming the most popular type of bet in the US sports betting market thanks to the potential winnings. 

• Player Props: Bets on a single athlete's final stats in a game or match.

• Teasers: Bettors can shift the spread on a game or match, with FanDuel adjusting the odds accordingly.

• Team Props: Betting on stats for an entire team during an event.

• Futures: Wagering on the winner of a particular league, tournament, award, etc.

• Live Betting: This popular bet type allows bettors to place wagers on events after they have begun. However, this type of betting is strictly prohibited in Virginia.

Teams to Bet on at FanDuel Virginia

• Virginia Tech Hokies (NCAA): The Hokies haven’t enjoyed much success in sports lately but have a proud and impressive history. One of their most famous alums was NFL legend Michael Vick.

• University of Richmond Spiders (NCAA): The Spiders have made a name for themselves with the men’s basketball team. Over the years, the A-10 squad has pulled off some major upsets and won the conference in 2024.

• James Madison Dukes (NCAA): The Dukes were once considered a basketball school, but their football program continues to improve. The team has now won five conference titles over the last ten years.

• University of Virginia Cavaliers (NCAA): This is Virginia's most popular college sports program. The Cavaliers play in the ACC, and their men’s basketball team is about to celebrate its 100th anniversary. 

FanDuel Virginia Futures Bets

Sign up at FanDuel VA and Start Betting

History of FanDuel in Virginia

FanDuel Virginia launched when the market first went live. The operator is the first sportsbook to accept online bets in the state and has continued to lead the market since then.

The Virginia Lottery does not release revenue numbers by operator, making it hard to know precisely how significant FanDuel Sportsbook’s market share is.

FanDuel could play an important role in how Virginia’s sports betting market grows. That includes wagering on Virginia college teams, a hot topic among lawmakers. Several bills to legalize those bets have failed, leading to lawmakers abandoning the effort the last two years. 

While FanDuel hasn’t been overly vocal on the topic, it has financially supported efforts to expand sports betting in other states. If Virginia’s ban on betting on in-state teams is to be overturned, sportsbooks like FanDuel will likely be needed to help.

See more on the best legal sportsbooks in Virginia.