Virgin Bet is a member of the Virgin Group, one of the world’s most recognisable brands with more than 400 companies under the corporate umbrella. Launched just over 20 years ago, Virgin Bet has grown to become one of the top UK betting sites.
In this Virgin Bet Bonus review, we’re going to take a detailed look at the company’s Welcome Offer, the Terms & Conditions associated with it and other existing customer promos. We will also answer some FAQs about the Welcome Offer. This is a companion piece to our Virgin Bet bookmaker review, so make sure you give that a read to learn more about the company’s sportsbook as a whole.
What Is The Virgin Bet Bonus Offer?
When it comes to betting sites in the UK, New Customer Offers usually take 1 of 3 forms: either they match your initial deposit up to a set amount, or they guarantee your first bet or first few bets (again, up to a certain amount), or they state if you “Bet X you will Get Y”. Usually that means that if you bet, say, £20 you will receive anywhere from £5 – £20 for your effort.
The Virgin Bet New Customer Promo is the Bet X, Get Y type. But it’s not your average Bet X, Get Y offer because it pays out up to 2x the value of your original qualifying bet. That’s right. If you bet £10 you get £20 in Free Bets. That’s the kind of multiple most punters can live with quite happily.
There are of course Terms & Conditions attached to such an offer, but there are T&Cs attached to every Welcome Offer. The bottom line is that this offer from Virgin Bet is one of the few that reward you with more than the value of your first bet. That alone makes it noteworthy.
How to Sign Up and Claim The Virgin Bet Sign Up Offer
We would recommend that you download and install the Virgin Bet mobile app and register through that. It’s free, installs in under a minute, loads instantly and includes all the features of their desktop website. But regardless of what medium you are using to access Virgin Bet here is how you sign up.
- Open the app or website and tap “Join Now” at the top of the homepage.
- A registration form will open.
- Enter your first and last name, date of birth, address and a valid email address.
- On page 2 you will be prompted to choose a username and password.
- Next, you will have the option of setting a deposit limit.
- Then you will be asked if you want to receive marketing materials from Virgin Bet.
- Then tap “create account” and you’re done.
Because the Virgin Bet Welcome Bonus is only available for 14 days from the day you register you may want to go ahead and deposit at least £10 straight away so you can place a qualifying bet and take advantage of this offer.
How to Use The Virgin Bet Bonus Offer
Below we go into detail on the Terms for the Virgin Bet New Customer Bonus, so we’re not going to list them all here too. In a nutshell, the Welcome Offer is available only for new customers who deposit £10 and place a qualifying bet of at least that size within 14 days of opening their account. When the Free Bet Tokens are issued, you’ll have 7 days to accept them, then 7 further days to use them. As long as you meet all the T&Cs listed below you will receive your Free Bets whether your qualifying bet wins or loses.
Main Welcome Bonus Terms
Nobody enjoys slogging through Terms & Conditions. Thankfully, there is nothing in the Virgin Bet T&Cs for their Sign Up Bonus that is too hard to understand or unreasonable. So let’s take a deep dive into those T&Cs now and get it over with.
- The “Bet £10, Get £20 in Free Bets” Welcome Bonus is only available to new customers.
- If you previously had a Virgin Bet account and closed it or let it lapse you are not eligible for this offer.
- You must be at least 18 years old and be a resident of Great Britain.
- You must make an initial deposit of at least £10 and place a qualifying bet of £10 or more within 14 days of opening your account.
- Your qualifying bet must be settled within the same 14 day period (so no placing a bet months out on the Open Championship).
- Numerous smaller bets adding up to £10 will not qualify for this offer.
- Minimum odds on your bet must be at least 1/2 (1.5).
- If your qualifying bet is an acca or multiple bet it must have odds of at least 1/100 (1.01) per selection.
- Once your qualifying bet has been settled, you will be awarded 2 £10 Free Bets Tokens.
- You will be notified within 24 hours that the Free Bet Tokens have been issued and be given the chance to accept or reject them.
- In order to activate the Free Bet Tokens, you must tap the "accept" button on the notification.
- If you do not accept the tokens within 7 days of their being issued they will expire.
- Once you accept the Free Bet Tokens you will have 7 days to use them before they expire.
- Free Bet Tokens may only be used in the Virgin Bet sportsbook.
- They may only be used on bets with odds of at least 1/100.
- They cannot be used on Each Way bets.
- The value of Free Bet Tokens cannot be withdrawn as cash.
- If you win a bet placed using a Free Bet Token the token amount will not be included in the payout.
Does Virgin Bet Offer Bonuses To Existing Customers?
Some betting websites act as if customers are lucky to be able to bet with them. Not Virgin Bet. They understand who pays their rent and make a concerted effort to keep existing customers happy. The primary way they do this is to provide a variety of promotions only available to existing customers. We’ll get into some of those promotions now.
Virgin Bet Ongoing Bonus Promotions
The number and nature of Virgin Bet existing customer promotions change on a regular basis. So it’s possible that by the time you read this there may be some different promos than the ones listed here. That said, the following is a fair representation of the kind of promos that are regularly available in the Virgin Bet sportsbook.
Best Odds Guaranteed
This is one of the most popular existing customer promotions on Virgin Bet. If your horse wins and the price went up between the time you placed your bet and post time, you will be paid out at the higher price.
Daily Price Boosts
Virgin Bet offer boosted odds on football, horse racing, tennis, golf, NBA basketball and more with a maximum stake of £20. All sports won’t be in play every day, but there’s sure to be something to pique your interest.
Get a Free Bet Valued at Up to £20 on Select Horse Races
If your horse wins at odds of at least 3/1 you could win a Virgin Bet Free Bet worth up to £20.
Place 2 Accas in a Week and Earn a £10 Free Bet
Virgin Bet is the place for accas and this is one of the reasons why. All you have to do is place a pair of £10 accas with a minimum of 4 legs at odds of at least 5/1 and you will qualify for a £10 Free Bet. That Free Bet must be used on another acca with at least 4 legs.
Why Join Virgin Bet?
Virgin Bet have a lot going for them besides name recognition and their generally outstanding New Customer Bonus. As we have just seen, they also offer a wide array of existing customer promotions that reward punters for their loyalty. In addition, there is a slew of Live In-Play betting options available at any given time. They also offer a full slate of Live Streaming events, though you typically need to have either a positive balance in your account or some type of stake in the game to view a Live Stream.
But that’s not all. There are quite literally thousands of betting markets available in the Virgin Bet sportsbook every week. And should you have a problem with one of your wagers, you’ll find they also understand the need for timely and effective customer service and have obviously invested heavily in their AI-enabled chatbots. Love ’em or hate ‘em there is no denying they usually find an answer to your question or a solution to your problem.
The only aspect of the Virgin Bet experience that leaves us wanting is the limited number of options they give you to deposit or withdraw funds. Whether that is also an issue for you, only you can decide.
Virgin Bet Welcome Offer Verdict
The Virgin Bet New Customer £20 Welcome Bonus represents great value that will reward you with up to 2x the amount of your initial qualifying wager. Granted, the company imposes quite a few Terms & Conditions, but reading through them we think you will agree none of those T&Cs are deal-breakers. The biggest potential stumbling block is the need to “accept” your Free Bet Tokens.
The company doesn’t simply deposit them into your account. They notify you that the Free Bet deposit is pending and you have to tap the “accept” button on the notification. If you do not do so within 7 days of the Free Bet Tokens being issued, they expire. We can’t think of another major UK betting site that makes you jump through this particular hoop. But as long as you are aware of its existence it shouldn’t be a problem.
Virgin Bet Bonus Review: FAQs
What Is The Virgin Bet Free Bet Welcome Offer?
With the Virgin Bet Welcome Bonus, new customers receive £20 in Free Bets when they deposit at least £10 and make a qualifying bet of at least that much. Most New Customer promos from other sites offer to either match your deposit pound for pound or provide Free Bets that are 50% or less of the amount of your qualifying bet. Virgin Bet offer you 2x your qualifying bet amount, which should immediately grab the attention of savvy punters.
What are the wagering requirements for the signup offer?
You must place a single qualifying bet of at least £10 in the sportsbook. The odds on that bet must be at least 1/2 (1.5). You must place that qualifying bet within 14 days of registering your account, and the bet must be settled within that same 14 day period. Several smaller bets that total £10 or more will not be considered for the purposes of this Welcome Bonus.
What deposit methods can I use to trigger the bonus offer?
If there is one area where Virgin Bet could stand to improve it’s in terms of deposits and withdrawals. Few other major UK betting sites impose such restrictions on funding your account. The company only accepts payments via MasterCard debit, Visa debit, Neteller, Skrill and PayPal.
If you want to take advantage of their Welcome Bonus things get even tighter. Only deposits made using a MasterCard debit or Visa Debit can be used to make your qualifying bet. Granted, many people will be able to meet these Virgin Bet requirements, but there are others who will be left out in the cold. Oh yeah, there is also a £10,000 limit on deposits.
Can existing customers claim a bonus at Virgin Bet?
Of course, the “Bet £10 and get £20 in Free Bets” offer is for new customers only, but the team at Virgin Bet are always busy trying to find new and exciting ways to reward their loyal customers. The most visible way they do that is with their plethora of ongoing and rotating promotions and bonuses.
What other promotions does Virgin Bet offer to its customers?
Virgin Bet ongoing promos include things like Best Odds Guaranteed where you are always paid out at the best price when you pick a winning horse, and daily price boosts on football, basketball, golf, tennis, American football and more. One-off promos include awarding customers with Free Bets if they place X number of accas in a week, along with an array of exciting and innovative promos on big events like the Super Bowl and major boxing and MMA bouts.