PointsBet Offer: Virginia Bettors Get Up To $2,000 In Risk-Free Bets

Written By Dann Stupp on December 16, 2021
November 2021 sports betting

You can now grab significant risk-free bets from the latest Virginia sportsbook with the introductory offer exclusively designed for new PointsBet customers.

Since legal sports betting was introduced in Virginia on January 21, PointsBet became the 11th sportsbook operator to launch in the state on Thursday.

Ever since then, those sportsbooks have actively approached Old Dominion, presenting enticing sign-up offers and various promotions.

Now, the PointsBet offer, potentially valued at $2,000, has become one of the largest available in the market.

Two ways to score with PointsBet offer

New customers can exclusively avail of the PointsBet offer. By using the promo code “BETBONUS,” you have two options to make the most of this opportunity.

Rank
Sportsbooks
Bonus
Features
Play
1
125% WELCOME BONUS
Up to $1250 to bet on sports
250% Slots + Table Bonus
150 Free Spins On Gorilla Or Buffalo Ways
50 Daily Boost For Your Massive Wins
Grab your 175% + 50 free spins
2
UP TO $1,250
On Caesars
Stream NFL Games In App For Free
+ Get 1,000 Caesars Reward & $1,000 Tier Credits
Redeem for Bet Credits, Hotel Stays, & More!
Use Promo Code: LEGALFULL
5
$2,500
No Sweat First Bet
Up to $2,500 No Sweat First Bet
Available on iOS, Android & Desktop
To Claim: Click Bet Now
6
Bet $1
GET $200
In Bonus Bets
Bet $1, Get $200 Win or Lose
Sign Up, Deposit and Play Today in VA!
Gambling Problem? Call 1-800-Gambler 21+ 
To Claim: Click Bet Now
7
In Bonus Bets
UP TO $1,000
Free Live Streaming - Watch Live Games
$1,000 Paid Back in Bonus Bets
Use Bonus Code: PLAYBONUS

If you place a fixed-odds wager, you will receive a refund of up to $500 in case of loss. This is why it is referred to as the “risk-free” aspect of the offer.

Additionally, if you place a “PointsBetting” wager (more details provided below), you are entitled to the same offer. However, instead of receiving a refund of up to $500, you will receive a refund of up to $1,500.

Refunds for both types of bets will be provided as free bets by PointsBet. These free bets will be issued within 24 hours after your original bet(s) have been settled.

The risk-free promotion applies only to the first wager of each type that you place.

Make sure to visit the PointsBet app or website for complete information.

What is ‘PointBetting’ at PointsBet?

With an abundance of Virginia sportsbooks and numerous others across the US, it becomes challenging to distinguish oneself amidst the competition.

In the end, when faced with a challenging situation, the majority of sportsbooks are quite similar, with only minor differences in appearance and presentation.

The Australian-based PointsBet introduced something quite impressive to the domestic market, known as “PointsBetting.”

If you have ever placed an over-under bet, chances are that you have experienced significant victories or losses. This may have led you to contemplate the concept of a “totals” payout system that adjusts according to performance. Simply put, your winnings increase if the team surpasses the expected outcome, while your losses amplify if you fall significantly short. The outcome of your bet is determined by the accuracy of your prediction.

In summary, “PointsBetting” operates by rewarding payouts according to the extent of victory or loss.

PointsBet provides a range of markets where PointsBetting is available. For instance, when placing a totals wager, you would receive:

  • If your wager wins by 1 point, your bet will be multiplied by 1x.
  • If your wager wins by 2 points, your bet will be doubled.
  • If your bet wins by 10 points, you will receive a payout that is 10 times your original wager.
  • If your wager loses by 1 point, your bet will be multiplied by -1.
  • If your wager loses by 10 points, multiply your bet by -10.

On the PointsBet website, there is a useful tool that demonstrates how this betting system operates. However, it’s important to note that this particular type of bet can yield highly unpredictable outcomes.

For example:

Is it exiting? Yes. Is it also risky? Yes.

If you want to have a good time and only gamble with money you can afford to lose, consider trying PointsBetting as a thrilling addition to your sports betting choices in Virginia.

Photo by Shutterstock / grandbrothers
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Dann Stupp

Dann Stupp, residing in Lexington, Virginia, is a seasoned sports journalist with an extensive background in writing and editing for various outlets including The Athletic, USA Today, ESPN, and MLB.com.

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