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Best Virginia Sports Betting Sites

Virginia sports betting has experienced significant growth since its legalization, offering enthusiasts various options for placing bets on numerous sporting events
Jonathan Lamb
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Jonathan Lamb
43 mins
December 22nd, 2023
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With the availability of online sportsbook platforms and mobile apps, residents of Virginia can enjoy seamless betting experiences from the comfort of their homes. As of June 2023, there are 15 licensed Virginia sportsbooks, each offering unique features, bonuses, and odds to cater to the preferences of a diverse BetMGM being a popular choice among them.

In the rapidly expanding world of sports betting, it is crucial for bettors to be well-informed about their options and the legality of placing wagers in their state of residence. Virginia has established guidelines and regulations for sports betting, ensuring a secure and satisfactory environment for bettors. Apart from online and mobile platforms, land-based sportsbooks also provide exciting opportunities for Virginia’s sports enthusiasts.

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BetMGM Sportsbook9.8Claim OfferBetMGM.com
Bet $5 Get $158 in Bonus Bets
20+
Cash, Venmo, PayPal, Bank Transfer, Apple Pay, Play+
3-8 Days

Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in the state you're wagering in. T&C Apply.

Caesars Sportsbook8.8Claim OfferCaesars.com
Get Your First Bet Back If It Loses - up to $1,000
Cash, Venmo, PayPal, PayNearMe, Play+, ACH Transfer, Visa, Mastercard
Hours - 5 Days

Must be 21 or older to gamble. Know When To Stop Before You Start.® Gambling Problem? If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER (1-800-426-2537).

DraftKings Sportsbook9.4Claim OfferDraftKings.com
Bet $5 Get $150 in Bonus Bets Instantly!
25+
Cash, Venmo, PayPal, Apple Pay, Play+, ACH Transfer, Visa, Mastercard
Hours - 5 Days

Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in CO. T&C Apply.

BetRivers9.5Claim OfferBetRivers.com
Get up to a $250 Second Chance Bet
25+
Venmo, PayPal, PayNearMe, Play+, ACH Transfer, Visa, Mastercard
1-6 Days

Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in CO. T&C Apply.

FanDuel Sportsbook9.6Claim OfferFanDuel.com
Bet $5 Get $200 In Bonus Bets If Your Bet Wins
18+
Cash, Venmo, PayPal, Apple Pay, ACH Transfer, Visa, Mastercard
Hours - 5 Days

Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY).

bet365 US9.2Claim Offerbet365.com
Bet $5 Get $150
20+
PayPal, Skrill, Paysafecard, PayNearMe, Visa, Mastercard
Hours - 5 Days

Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in CO. T&C Apply.

Key Takeaways

  • Virginia sports betting is legal and offers several online and land-based sportsbook options.

  • Betting enthusiasts can choose from among 15 licensed Virginia sportsbooks, each with unique features and bonuses.

  • Understanding the guidelines, regulations, and legality of sports betting in Virginia is essential for bettors to have a secure and satisfying experience.

5 Best Sports Betting Sites in Virginia Reviewed

In the world of sports betting, Virginia stands out as a hot market with a wide array of reputable sportsbooks available to bettors. Below, we’ll discuss the top seven sports betting sites available in Virginia.

BetMGM

BetMGM is licensed to offer its sports betting services in Virginia, and bettors have access to major North American leagues and collegiate sports. Residents of Virginia can download the reliable BetMGM app, a handy tool for in-play betting on over 20 sports, and depositing funds through secure payment methods.

BetMGM is not short-changing Virginia players in the bonus department, providing competitive promotions such as a tempting $1,000 in Bonus Bets, packed as a welcome deal.

Pros:

  • Established U.S. sportsbook

  • Live streaming of sports events

  • Player-friendly wagering requirements

  • Renown banking methods

Cons:

  • Outdated design of the desktop version

  • Long payouts procedures

Caesars

Caesars Sportsbook inspires confidence in Virginia bettors by partnering with popular leagues and celebrities. However, the ultimate seal of approval stems from the gambling license issued by the proper authorities in Virginia, ensuring a safe online gambling experience.

Players from Virginia can start betting on their preferred sports with a boost from the operator, packed as a 100% match up to $1,250 as Bet Credit. The bonus bets are eligible for wagering on 20 sports and hundreds of domestic and international competitions.

Pros:

  • Live streaming of sports matches

  • Micro-betting options

  • SGP bonuses

  • Multi-tier VIP club

Cons:

  • A limited selection of niche sports

  • Cumbersome design

DraftKings

DraftKings is licensed to operate in Virginia and is the official partner of the NFL, NHL, NBA, PGA Tour, and UFC. In total, 24 different sports are on the menu in Virginia, with hundreds of leagues. Aside from traditional sports, DraftKings also offers DFS betting in Virginia.

Registered members receive a free sportsbook app. Plus, loyalty gets rewarded with access to the Dynasty VIP Club, where exclusive bonuses and invites to special events await bettors from [state].

Pros:

  • First deposit match-up bonus of up to $1,000

  • No fees

  • Latest SSL encryption

  • Reliable payment providers

Cons:

  • A payout can take up to 5 days

  • Customer support needs improvement

BetRivers

BetRivers is a trusted sportsbook in Virginia, providing a substantial portfolio of sports betting markets. Virginia bettors can wager on over 25 sports, with the NFL, NBA, MLB, NCAA, and HNL receiving preferential coverage. The odds are, without a doubt, some of the best on the market, especially among rivaling sportsbook operators in Virginia. The same applies to its competitive bonus offer. BetRivers’ trump card is the 100% match up to $500 as a Second Chance Free Bet.

Pros:

  • Wide range of betting markets

  • In-play bets

  • Same-game parlays

  • Streamlined app

Cons:

  • A limited selection of payment methods

  • Live chat agents do not connect immediately

FanDuel

FanDuel makes Virginia one of its bases in an ever-expanding network of sportsbooks. Residents of Virginia can legally open an account and wager on any of the over 20 traditional sports betting markets or indulge in daily sports fantasy betting, a FanDuel specialty.

This signup offer is consistent across all US states, and bettors in Virginia can snag a Risk-Free bet of up to $1,000. The minimum qualifying wager is $10. FanDuel is one of the most reliable Virginia sportsbooks.

Pros:

  • Plenty secondary sports markets

  • Generous welcome bonus

  • Boosted odds

  • Responsive mobile apps

Cons:

  • Lack of a rewards program

  • Live chat response is slow

How We Rate Betting Sites

When evaluating the best sports betting sites in Virginia, we consider several factors to ensure you have a top-notch betting experience. Here are some of the essential aspects we take into account while rating these sites:

  • Customer Service: A good sportsbook must offer excellent customer service. We assess the availability of customer support channels, such as live chat, email, and phone support, as well as their response times and the quality of assistance provided.

  • App Store Rating: Mobile apps play a significant role in the modern sports betting scene. We check the App Store for user ratings and reviews of sportsbook apps to ensure they offer a seamless and friendly experience for bettors on the go.

  • Sportsbook Operators: We examine the reputation and background of the sportsbook operators in Virginia. Top names like FanDuel and DraftKings tend to excel in terms of user experience, betting options, and promotional offers, making them popular choices among bettors in Virginia.

  • Sports Variety: A wide range of sports and betting markets is crucial for bettors looking to have a diverse and engaging experience. We consider the variety of sports offered by each sportsbook, such as NFL, NBA, MLB, and more niche options like eSports or international events.

  • Population: Since the size of the customer base can impact the betting pool and the overall gambling landscape, we take Virginia’s population into account while rating the betting sites. A larger pool of bettors can contribute to more competitive odds and compelling promotions to stand out from the competition.

  • Bonuses and Promotions: In addition to welcome bonuses and sign-up offers, we evaluate the ongoing promotions and the overall value they provide to bettors. We look for sportsbooks that offer generous bonuses with fair terms and conditions for using them.

  • Payment Methods: Ease and flexibility in depositing and withdrawing funds are crucial for bettors. We review the available payment options, such as credit/debit cards, e-wallets, and bank transfers, aiming to identify sportsbooks that offer a variety of convenient methods.

By considering these aspects, we aim to provide you with comprehensive and reliable advice to help you choose the best sports betting sites available in Virginia.

Is Sports Betting Legal in Virginia?

Yes, sports betting is legal in Virginia. In fact, it was legalized in April 2020, and Virginia went live with online-only sports betting in January 2021. Virginia is, therefore, in line with other online-only sports-betting states like Tennessee1.

Who Regulates Sports Betting in Virginia?

In Virginia, the agency responsible for overseeing and regulating sports betting is the Virginia Lottery. The Virginia Lottery is tasked with ensuring compliance and fairness for bettors while maintaining the safety and integrity of the sports betting market in Virginia.

What Are the Virginia Sports Betting Laws in 2023?

As of 2023, there are 15 VA sports betting apps available for bettors in Virginia, including popular options such as BetMGM, DraftKings, FanDuel, Caesars, BetRivers, and Bet365. Legislative efforts to regulate and legalize sports betting were passed by the Virginia General Assembly and signed into law by Gov. Ralph Northam in 2020.

Here are some key aspects of Virginia’s sports betting laws:

  • Online only, no retail sportsbooks

  • Bettors must be 21 years of age or older

  • Betting on Virginia college sports is prohibited

  • No wagering on player-specific prop bets for college sports

List of Recent Legal Virginia Updates to Sports Betting

The Virginia sports betting landscape has experienced significant updates since its legalization. Here are some of the most recent developments:

  • April 2020: Sports betting is legalized in Virginia

  • January 2021: Virginia goes live with online-only sports betting

  • May 2023: 15 VA sports betting apps, including some major players like BetMGM, DraftKings, and FanDuel, are operating in Virginia

Banking Options for Virginia Betting

List of 5 Best Deposit Methods for Betting in Virginia

  1. Credit/Debit Cards: A popular and convenient method for funding sports betting accounts in Virginia. Most sportsbooks accept major credit and debit cards like VISA and MasterCard. Some sportsbooks may also accept American Express or Discover cards.

  2. E-wallets: E-wallets like PayPal, Neteller, and Skrill offer fast and secure deposit options for Virginia sports bettors. These services require an account with the e-wallet provider and funds can be transferred from your e-wallet to the sportsbook instantly.

  3. Bank Transfers: Direct bank transfers are another method to deposit funds into your sports betting account. This method may take a bit longer compared to others, but it is considered highly secure, as it involves transferring directly from your bank account to the sportsbook.

  4. Prepaid Cards: Prepaid cards like Play+ or Paysafecard can be used for depositing at Virginia sportsbooks. Prepaid cards can be purchased online or at retail locations and allow users to deposit by entering the card number and PIN during the deposit process.

  5. Cash Deposits: Some Virginia sportsbooks may partner with retail locations, allowing bettors to make cash deposits to fund their accounts. This option would require visiting the physical location, but provides a convenient way for cash-based customers to fund their sports betting accounts.

List of 5 Best Withdrawal Methods for Betting in Virginia

  1. E-wallets: E-wallets like PayPal, Neteller, and Skrill are some of the fastest and most secure methods for withdrawing funds from your sports betting account. Withdrawal times vary depending on the sportsbook, but e-wallets usually process transactions within hours of approval.

  2. Check by Mail: Some sportsbooks offer check withdrawals as a traditional way to receive your winnings. This method may take longer, as it involves physically mailing the check to your address, but it is an option for those who appreciate a more traditional approach.

  3. Bank Transfers: Direct bank transfers can also be used for withdrawing funds from your sports betting account. This method may take a few days to process, but it is highly secure, as it requires an authorization from your bank.

  4. Prepaid Cards: Some sportsbooks may allow users to withdraw funds directly onto a prepaid card like Play+ or Paysafecard. This option provides a secure and convenient way to access your winnings.

  5. Cash Withdrawals: Just like cash deposits, some Virginia sportsbooks might allow bettors to withdraw their winnings in cash at partner retail locations. This option provides instant access to your funds and is a convenient option for those who prefer dealing with cash.

Best Ways to Bet on Sports in Virginia

Sports Betting Platforms in Virginia

Virginia offers a variety of online sports betting options for residents. Leading sportsbooks such as FanDuel and bet365 provide competitive odds, promotions, and a wide range of sports to bet on. These licensed operators ensure a safe and regulated betting environment.

Sports Betting Apps (Mobile Betting) in Virginia

Since there are currently no retail sportsbook locations in VA, bettors in Virginia can take advantage of mobile betting apps offered by various operators. Some of the popular options include DraftKings and BetMGM. These apps provide user-friendly interfaces, real-time betting updates, and access to live events.

Sports Betting Shops in Virginia

While Virginia does not have brick-and-mortar sports betting shops yet, plans are in place to build casinos across the VA. In the meantime, online and mobile sports betting remains the primary method for wagering on sports events Virginia.

Fantasy Sports in Virginia

In addition to traditional sports betting, Virginians can engage in daily fantasy sports (DFS) contests. Major providers like DraftKings and FanDuel offer DFS options for sports enthusiasts who are not interested in traditional betting. These platforms allow users to create their teams, compete against others, and potentially win cash prizes.

Should I Bet on Offshore and Gray Market Sportsbooks?

It’s crucial for Virginia residents to avoid using offshore and gray market sportsbooks, as these platforms are unregulated and may not provide adequate consumer protection. Instead, bettors should stick to licensed and regulated sportsbook options within Virginia, ensuring a safe and fair betting experience.

By utilizing licensed online sportsbooks, mobile apps, and DFS providers operating in Virginia, bettors can enjoy a wide range of options and competitive odds for placing wagers on their favorite sports.

Professional Virginia Sports Teams to Bet on Compared in a Table

When it comes to sports betting in Virginia, there are a variety of professional sports teams to bet on. In the table below, you’ll find a comparison of the major sports teams in the area, including NHL, NBA, NFL, MLB, DC United, and the Washington Football Team.

League (Entity)

Team Name

Based In

Home Stadium/Arena

NHL

Washington Capitals

DC

Capital One Arena

NBA

Washington Wizards

DC

Capital One Arena

NFL

Washington Football Team

DC

FedExField

MLB

Washington Nationals

DC

Nationals Park

MLS

DC United

DC

Audi Field

As you can see, each of the major sports leagues has at least one team based in the Washington, D.C., area. While no teams are technically based in Virginia, the close proximity of these D.C. teams makes them popular among Virginia sports bettors.

The Washington Capitals have an avid fan base and have performed well in recent years, including winning the Stanley Cup in 2018. Betting on NHL games can be particularly exciting during playoff season as rivalries and tensions heat up.

Similarly, the Washington Wizards in the NBA offer a variety of betting options throughout the regular season and playoffs. With their fluctuating performance over the years, they can be a challenging yet rewarding pick for bettors looking for upsets or big wins.

The Washington Football Team represents the area in the NFL and has a passionate fan base. They have a long-standing rivalry with the Dallas Cowboys, which can provide for some high-stakes betting opportunities. Regular season NFL games tend to attract a significant number of wagers, as do the playoffs and the Super Bowl.

Major League Baseball is represented by the Washington Nationals. Betting on MLB games allows for a wide variety of options, from moneyline bets and run lines to over/under wagers. The Nationals won the World Series in 2019, which made them a popular pick among local bettors.

Finally, DC United is the local Major League Soccer (MLS) team, offering soccer fans in Virginia a chance to bet on their favorite sport. Soccer bets can involve moneyline wagers, point spreads, and totals, among other options.

These professional sports teams provide a wide range of betting opportunities for Virginia residents, and with various Virginia sportsbook apps available, placing bets on your favorite team has never been easier. Remember to bet responsibly and enjoy the thrill of sports betting.

Best Land-Based Virginia Sportsbooks Compared in a Table

In the state of Virginia, sports betting has been growing in popularity since its legalization in 2020. Although it is predominantly focused on online platforms, there are a few land-based options for sports bettors to consider. Below is a table comparing some of the best land-based sportsbooks in Virginia.

Virginia’s land-based sportsbooks are an exciting option for sports bettors looking to try their luck at some of the brick-and-mortar casinos. These retail sportsbooks offer a variety of amenities to enhance the sports betting experience. In some establishments, you’ll find a full-service bar and a food menu, while others showcase high-definition screens and private VIP areas to indulge in sports viewing.

It’s important to note that not all land-based sportsbooks in Virginia allow betting on in-state college teams. This is crucial information for sports enthusiasts who are keen on supporting their local teams. However, bettors can still enjoy wagering on a variety of professional sports at these establishments.

What Sports Betting Bonuses Are There in Virginia?

Virginia sports betting offers a variety of intriguing bonuses, promotions, and incentives for both new and existing bettors. In this section, we will explore the types of bonuses available and compare the best offers in Virginia.

Can I Use Sports Betting Promo Codes in Virginia?

Yes, sports betting promo codes are common in Virginia. Many sportsbooks provide promo codes that can be entered during the account registration or deposit process. These codes grant bettors access to free bets, deposit match offers, and other exclusive bonuses. Keep an eye out for promotions specific to Virginia as well as nationwide offers.

Best Virginia Sportsbook Bonuses Compared in a Table

Sportsbook

Welcome Bonus

Promo Code

DraftKings

Bet $5, Get $200 *New User Bonus

N/A

Caesars VA

$50 Bonus Bet + Deposit Match Up to $1,000

N/A

FanDuel

$1,000 Risk-Free Bet

N/A

Note: The bonuses listed above are subject to change and may include terms and conditions. Always check directly with the sportsbook to know the most current offers.

Are There Free Sports Betting Sites in Virginia?

In Virginia, free sports betting sites are not available. All legal sportsbooks in Virginia require real money deposits to participate in sports betting. However, many sportsbooks offer enticing bonuses and promotions, including free bets and deposit matches, which can enhance your betting experience and potentially increase your earnings. Be sure to explore each sportsbook’s terms and conditions and bonuses, promotions, odds boosts, and rewards programs to find the best offers.

Best New Sportsbooks in Virginia Compared in a Table

The Virginia sports betting market has seen an influx of new sportsbooks offering their services to fans in Virginia. This section compares some of the best options, including BetMGM, Caesars, Unibet, WynnBet, Barstool, Bally Bet, and Colonial Downs, as well as legal sportsbooks in Virginia.

Sportsbook

Welcome Offer

Notable Features

Available Sports

BetMGM

$1,000 Risk-Free Bet

Competitive odds, live streaming

All major sports

Caesars

$5,000 First Deposit Match

Extensive betting options, user-friendly

All major sports

Unibet

$500 Risk-Free Bet

Variety of promotions, in-play betting

All major sports

WynnBet

$1,000 Risk-Free Bet

In-play betting, unique parlays

All major sports

Barstool

$1,000 Risk-Free Bet

Social media integration, gamified app

All major sports

Bally Bet

$550 Risk-Free Bet

Loyalty points, bet customizations

All major sports

Colonial Downs

TBA

Local horse racing focus

Horse racing

One prominent sportsbook in the Virginia market is BetMGM, offering a generous $1,000 risk-free bet for new users. BetMGM is known for its competitive odds and features like live streaming, which makes it a popular choice among sports fans.

Caesars is another big name in the industry offering a large first deposit match of up to $5,000. With an extensive range of betting options and a user-friendly platform, Caesars provides a satisfying experience for bettors in Virginia.

For those who enjoy variety and in-play betting, Unibet is an excellent choice. Alongside its $500 risk-free bet welcome offer, Unibet regularly runs promotions and special offers for users to take advantage of.

WynnBet stands out with its in-play betting options and unique parlay bets. New users at WynnBet can receive a $1,000 risk-free bet to get started with their gaming experience.

For bettors who enjoy a more gamified and socially-driven betting experience, Barstool sportsbook is worth considering. The sportsbook integrates its app with social media support and offers a $1,000 risk-free bet for newcomers.

Bally Bet users can benefit from the sportsbook’s loyalty points program and bet customization options, alongside a $550 risk-free bet as a welcome offer.

Last but not least, Colonial Downs is a local Virginia sportsbook that focuses on horse racing. While their welcome offer is still to be announced, the sportsbook provides an excellent option for fans of horse racing betting.

Remember to consider the various legal sportsbooks available in Virginia to find the best fit for your preferences and enjoy a safe, secure, and transparent betting experience.

How to Sign Up to the Best Sports Betting Site in Virginia

Signing up for a top sports betting site in Virginia is a simple process that involves just a few steps. Before you start, keep in mind that Virginia allows up to 18 online sportsbooks, which means you have some options to choose from.

  • Research the available sportsbook operators: The first step is to research and compare the available sportsbooks in Virginia to find the one that suits your needs and preferences the best. Look for operators with competitive odds, user-friendly interfaces, and attractive promotions. For example, FanDuel is considered one of the best sportsbooks in Virginia because of its generosity in promos, bonuses, and sign-up offers.

  • Check eligibility: Ensure that you meet the eligibility criteria to place bets in Virginia. You must be at least 21 years of age and physically located within Virginia’s borders when placing bets. Sportsbook operators use geolocation technology to verify your location.

  • Create an account: Visit the website or download the app of your chosen sportsbook operator. Create an account by providing your personal information, including full name, email address, and date of birth. You may be required to create a unique username and password for your account.

  • Verify identity: Sportsbooks may request you to provide documentation, such as a driver’s license or passport, to verify your identity. This is a standard procedure to prevent fraud and ensure compliance with regulatory requirements.

  • Make a deposit: Once your account is verified, navigate to the cashier section of the site to make your first deposit. Most sportsbook operators in Virginia accept various payment methods, such as credit cards, debit cards, bank transfers, e-wallets, and more. Don’t forget to claim any available deposit bonus or welcome offer.

  • Place bets: Now that your account is set up and funded, you can start making bets on your favorite sports events. Explore the sportsbook’s menu to find the sports and markets you’re interested in. Make your selections, enter your desired wager amount, and submit your bet.

Remember to always gamble responsibly, stay informed about the latest sports events and betting trends, and enjoy the thrill of sports betting in Virginia.

Most Popular Sports & Betting Markets in Virginia

In Virginia, sports enthusiasts have a wide variety of sports and betting markets to choose from. Some of the most popular sports in Virginia are hockey, basketball, football, and baseball.

The NHL holds a significant fan base in Virginia, with many residents following the Washington Capitals. As the closest NHL team to Virginia, they have built a loyal following over the years. Bets commonly placed on NHL games include moneylines, puck lines, and point totals.

Basketball is another popular sport in the area, particularly the NBA. Virginia natives often support the neighboring Washington Wizards. As a result, NBA bets are quite popular, with various betting options such as point spreads, over/unders, moneylines, and player props.

The NFL is also a significant draw in Virginia, with many fans backing the Washington Football Team. The betting markets for NFL games are extensive, including point spreads, moneylines, over/unders, and a variety of prop bets. Virginia residents are especially enthusiastic during the playoffs and the Super Bowl, resulting in increased betting activity.

Major League Baseball (MLB) also has a dedicated audience in Virginia, with the Washington Nationals being Virginia’s preferred team. MLB betting markets offer a diverse range of options, including run lines, moneylines, over/unders, and various player props and futures bets.

In addition to the major sports leagues, Virginia also has a growing fan base for soccer, with many supporting DC United. This interest in soccer has led to betting markets specifically tailored to the sport, such as three-way moneylines, goal lines, and various prop bets.

As the market for Virginia Sports Betting continues to grow, residents can expect more diverse betting opportunities for their favorite sports and teams. Whether it’s the NHL, NBA, NFL, MLB, or DC United, Virginia sports fans have a multitude of options to satisfy their betting needs.

Top Events & Leagues in Virginia to Place Bets on Right Now

As the sports betting industry continues to thrive in Virginia, bettors have a wide range of events and leagues to choose from. One of the most popular options for sports enthusiasts is NFL betting. With a dedicated fan base and a high level of excitement throughout the season, placing bets on NFL games is a must for bettors in Virginia. You can find various betting options, such as moneylines, point spreads, and over/under totals, among others, at sportsbooks like BetMGM.

In addition to football, Virginia sports bettors can also wager on events in other major leagues including:

  • NBA: Basketball fans can place bets on their favorite teams in the National Basketball Association, with various betting markets such as prop bets, parlays, and live betting available.

  • MLB: Baseball season offers numerous opportunities for bettors to get in on the action, with a wide selection of games and bets like run lines, moneylines, and game totals to consider.

Outside of professional leagues, Virginia also offers betting on college sports, with a focus on popular local teams. However, it’s important to note that while sportsbook providers allow access to a variety of betting options, Virginia law prohibits betting on games involving in-state college teams.

Lastly, for those interested in how taxes apply to sports betting in Virginia, Virginia has implemented a sports betting tax. The tax rate is set at 15% for adjusted gross revenue, which means winnings would be subject to taxation in accordance with Virginia law.

What Are the Odds Like with Sports Betting in Virginia?

In Virginia, sports betting offers a variety of odds and betting options for enthusiasts. Virginia allows online sports betting, which has led to the availability of numerous sportsbooks that cater to various preferences. Virginia sportsbooks can offer odds on over 20 different sports, providing a wide range of opportunities for bettors.

Live Betting is a popular feature among bettors in Virginia, as it allows them to place wagers on games or events that are currently in progress. This adds an extra level of excitement and offers the chance to potentially capitalize on dynamic odds based on the ongoing action. Many sportsbooks in Virginia offer this feature, making it easy for bettors to participate in live betting from their preferred online platforms.

To keep customers engaged and interested, Virginia sportsbooks also provide various promotions, such as weekly promotions and same-game parlays. These special offers enhance the overall betting experience and may even add more value to the potential payout.

One noteworthy aspect of sports betting in Virginia is the flexibility of transferring funds for those who also participate in daily fantasy sports (DFS). Some sportsbooks offer seamless transitions between DFS and sports betting accounts, making it convenient for users to manage their finances while enjoying both forms of entertainment.

List of Top 5 Tips for Choosing the Best Sportsbook in Virginia

  1. Research Sportsbook Operators: Before committing to a sportsbook, take the time to research the available options. In Virginia, sports betting has grown since its legalization in January 2021, with prominent operators such as FanDuel, DraftKings, and BetMGM entering the market. Check their reputation, user reviews, and available sports markets to ensure you’re choosing one that fits your preferences.

  2. Assess App Store Ratings: With most sportsbooks now offering dedicated mobile apps, it’s essential to consider the ratings on the Apple App Store or Google Play Store. Higher-rated apps are likely to offer a better user experience and smooth performance. Remember that app rating can also give you insight into the sportsbook’s customer service and overall quality.

  3. Check for Promotions and Bonuses: Taking advantage of promotions and bonuses can help maximize your betting experience. Some top picks in Virginia feature generous bonuses, like the ones you find at bet365 or Caesars Sportsbook. Be sure to compare offers from different sportsbook operators to find the best value for your money.

  4. Examine the Customer Service Options: Trustworthy sportsbooks prioritize customer service, ensuring that bettors have a positive experience and receive prompt assistance when needed. Check if the sportsbook has a live chat service, email support, or a phone line you can use to reach their customer service team. The availability and responsiveness of their support can influence your overall betting experience.

  5. Consider the State’s Population: Virginia is a populous state, which can lead to greater competition and variety among sportsbook operators. With a bigger market, sportsbooks may offer more competitive odds and additional features to attract a larger audience. As a bettor, this means that comparing Virginia sportsbooks may yield better opportunities and a diverse range of options.

By following these tips, you can confidently choose the best sportsbook in Virginia that suits your sports betting needs and preferences.

Other Ways to Legally Gamble in Virginia

In addition to sports betting, Virginia offers other gambling options for residents and visitors. One popular choice is casino gaming. Virginia currently has casinos in operation, providing various gaming options, including slot machines and table games like blackjack, roulette, and poker.

Virginia also has a rich history of horse racing, with historical horse racing being one of the significant betting activities in Virginia. Bettors can place wagers on historical horse races at designated locations where these races are held. This form of betting involves predicting the outcome of previously run races, with the identity of the horses and riders kept anonymous.

Online casinos are not yet legally available in Virginia. However, Virginia residents can still participate in legal online gambling through the available sports betting platforms. These platforms offer various betting options on local and international sports events, including football, basketball, baseball, and more.

Although online poker is not explicitly legal in Virginia, it’s not expressly prohibited either. As a result, some residents choose to play poker on offshore online poker sites that accept players from Virginia. However, it is essential to exercise caution when accessing these offshore platforms since they are not regulated by Virginia authorities and may not always offer the same protections as legal, state-regulated online gambling sites.

What Can’t You Bet on in Virginia?

In Virginia, there are specific restrictions on sports betting, particularly when it comes to college sports. One of the main rules is that you cannot bet on any in-state college teams, which includes the 14 Division 1 programs in Virginia. This rule is in place to maintain the integrity of collegiate sports and prevent any conflicts of interest.

Another limitation is that Virginia doesn’t allow wagers on college player props. For example, bettors are not allowed to place bets on individual player achievements or stats, such as “Will player ‘x’ score more than 15.5 points in a game ?”

In addition to college sports restrictions, Virginia also prohibits live betting on college sports events. Live betting, or in-play betting, is when wagers are placed on events that are already in progress. This type of betting can be popular among sports fans and bettors but is not available for college sports in Virginia.

Although these limitations exist, Virginia residents can still place bets on a variety of professional sports, including football, basketball, baseball, soccer, and hockey. Virginia also permits betting through local in-person, online, and mobile betting platforms, which have all been launched, thus providing ample opportunities for sports fans to engage in sports betting.

Is Online Sports Betting Popular in Virginia?

Online sports betting has seen a rapid rise in popularity in Virginia since its legalization in January 2021. Sports enthusiasts throughout Virginia have embraced this new form of entertainment, leading to an impressive sports betting handle of $511.6 million in March 2023.

Various sportsbooks have become available in Virginia, offering a wide range of betting options for residents. This variety caters to the diverse preferences of sports bettors and has undoubtedly contributed to the burgeoning market. One of the top sportsbooks in Virginia is Sports Illustrated Sportsbook, which has attracted a substantial number of users.

Virginia sports betting experienced a dip in April 2023, with sportsbooks accepting $433.8 million in wagers. However, this decrease is consistent with the typical seasonal trend in sports betting. During the summer months, a lull in sports betting is normal, as the number of available events tends to decrease.

Delving into the history of Virginia sports betting, its legalization came after the repeal of the Professional and Amateur Sports Protection Act in the United States. Since then, Virginia has actively embraced this new industry, resulting in a growing number of platforms offering sports betting services.

Responsible Gambling in Virginia and Where to Seek Help

In recent years, Virginia has seen significant developments in its sports betting industry. Virginia has taken steps to create a legal framework for sports betting, starting with the overturn of the Professional and Amateur Sports Protection Act (PASPA) in 2018. Virginia Governor Ralph Northam has been instrumental in this process, signing legislation to expand legal gambling options for residents.

As the industry continues to grow, Virginia’s focus on responsible gambling becomes increasingly important. Virginia officials have implemented various responsible gaming measures to minimize potential harm associated with gambling addiction. These efforts primarily focus on promoting awareness, offering resources, and ensuring operators implement necessary safeguards for players.

One of the main support systems for problem gamblers in Virginia is the Virginia Council on Problem Gambling (VCPG). This organization offers a helpline at 1-800-522-4700, connecting those struggling with gambling addiction to trained counselors and support services. VCPG also works closely with other stakeholders, such as health organizations and state regulators, to address gambling-related issues proactively.

Another essential resource for Virginia residents is the Virginia Department of Health, which oversees health and addiction services across Virginia. They provide information and assistance to anyone struggling with problem gambling or other addictive behaviors.

In addition to these organizations, the Virginia Register plays a key role in ensuring gambling remains safe and regulated. The Virginia Register contains information on legislative updates, new regulations, and other crucial details related to gambling in Virginia. This publication is an essential source for keeping current on industry news and changes, safeguarding the interests of stakeholders, including players and operators.

As Virginia continues to develop its sports betting industry, the state’s commitment to responsible gambling ensures that players have access to the resources and support they may need. Ensuring a balance between expanding gambling opportunities and maintaining essential safeguards to protect the well-being of residents will continue to be a priority for Virginia state.

Compliance and Licensing

The Virginia Lottery has been given the responsibility of overseeing regulatory matters for both land-based casinos and internet sports betting, covering the aspects of regulation, licensing, auditing, and compliance for gaming operators, equipment manufacturers, distributors, suppliers, and employees.

The introduction of sports betting in Virginia was facilitated through the passing of legislation- Senate Bill 384 (SB 384) and House Bill 896 (HB 896). One key aspect of these new regulations is the issuance of sports betting licenses. While Virginia Lottery currently does not have any sports betting permits available, the licensing system remains open at all times for other application types.

Some notable operators in the Virginia sports betting market include BetRivers and Caesars. These operators, along with others, are required to adhere to strict licensing guidelines set forth by Virginia. For operators to obtain a sports betting license, it is necessary to follow the compliance measures as stipulated in the legislation passed.

Under the regulations set forth, commercial gaming operators in Virginia are permitted to oversee a casino in five selected cities, namely Norfolk, Bristol, Danville, Portsmouth, and Richmond. Each land-based casino also obtains the authorization to permit on-premises mobile casino gaming.

It is important to note that the Virginia regulations ban sportsbooks from accepting wagers on in-state colleges and universities, as well as youth sports. Furthermore, Virginia has prohibited prop bets on all college sports and wagers related to injuries, unsportsmanlike conduct, or officiating calls.

Virginia Sports Betting Permits and Tax Rates

Virginia has introduced new regulations for sports betting, which include different permit types, fees, and tax rates. Virginia offers Sports Betting Permits to operators, along with additional licenses for principal roles, employees, and suppliers.

Permits granted by the Virginia Lottery come with respective fees for different positions. For entities applying for a sports betting platform permit, there’s a $50,000 application fee, with $5,000 refundable if the background investigation cost doesn’t exceed $45,000. Additional fees apply if the cost surpasses $45,000. For a supplier application other than a sports betting platform, a $50,000 fee applies, of which $5,000 is refundable if the background investigation cost stays under $45,000. Additional costs arise if it exceeds that amount.

Employee applications carry a separate fee of $500. This ensures that all principals, employees, and suppliers operating in the Virginia sports betting market are thoroughly vetted and adhere to the established guidelines.

The tax rate applied to sports betting in Virginia is 15%. This statutory tax rate applies to total sports betting tax collections from sportsbook operators. States calculate taxable revenue differently, and some offer promotional deductions and loss-carryover, resulting in effective tax rates being lower than imposed rates.

Sportsbook Partnerships and Sponsorships

In Virginia, legal sports betting has led to numerous partnerships and sponsorships between sportsbooks and various entities. These collaborations play a significant role in promoting the sports betting industry, as well as enhancing the overall fan experience.

One such partnership is the multi-year deal between Betfred Sportsbook and Loudoun United FC, establishing Betfred as the team’s official sports betting partner. This collaboration exemplifies the growing connection between sports clubs and betting providers.

Currently, there are multiple online sportsbooks operating in Virginia. A few of the prominent sportsbooks include MGM Resorts, Golden Nugget, and Rush Street. These platforms consistently work towards expanding their reach through partnerships with local entities.

For instance, MGM Resorts is already a well-established player in the sports betting industry and has a solid presence in Virginia. Similarly, Golden Nugget and Rush Street are also making strides in Virginia’s sports betting scene. These companies collaborate with casinos, sports teams, and other influential stakeholders to engage the betting audience and provide an immersive experience.

Through these strategic partnerships and sponsorships, sportsbooks are gaining extensive exposure by leveraging the popularity and influence of other businesses and sports entities. This not only benefits the companies involved but also contributes to growing Virginia’s sports betting market.

Frequently Asked Questions

Is online betting legal?

Yes, online sports betting is legal in Virginia. In 2020, the Virginia legislature passed a law legalizing sports betting. BetMGM, for instance, has already launched its online sportsbook in Virginia.

What are the best sports apps?

There are several reputable sports betting apps available in Virginia, including BetMGM, FanDuel, and DraftKings. Make sure to conduct your own research and choose the one that suits your preferences and needs.

What is the betting age?

To participate in sports betting in Virginia, you must be at least 21 years old.

Can I use FanDuel?

Yes, FanDuel is available for sports betting in Virginia. Make sure you are of legal age and follow any additional requirements specified by the FanDuel platform.

Is DraftKings available?

Yes, DraftKings is also available for sports betting in the state of Virginia. Ensure you adhere to the legal age requirements and any other stipulations set forth by DraftKings.

Which casinos offer sports betting?

Physical casinos are currently under development in Virginia, and they are anticipated to offer sports betting once operational. Presently, your best option is to engage in sports betting through online platforms like BetMGM, FanDuel, or DraftKings.

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Author

Jonathan Lamb
A die-hard sports fan hailing from New Jersey, Jonny discovered his love for sports writing in college and turned it into a full-blown career after grabbing his journalism degree. But Jonny's not just about putting pen to paper. He's big on sports betting, adding a whole new level of excitement to every game he covers. His insights are backed by his experience on the field and his bets at the bookies. He’s as much in the game as the players themselves. His dream? Packing his bags for Las Vegas and reporting on the grandest stage of all – the Super Bowl. But for now, he's here, knocking out compelling game reports, dropping insightful commentaries, and sharing his passion for sports with all of us. With Jonny, it's always game time.