Best Virginia Sportsbooks

Good news! Online sports betting sites in Virginia is both legal and currently available. In the new era of sports betting in the US, the state continues to be one of the more surprising successes. After the first sportsbooks appeared in January 2021, Virginia now has 11 sportsbooks available within the state. The apps boast many features and exclusive bonuses for new users in the state. More sportsbooks are expected to follow in 2022, so stay tuned… 

Gambling’s emergence as a legal industry in Virginia has been a paradigm shift for those living there. Due to the lack of physical casinos or gambling venues in the state, Virginia is one of few states that offer sports betting online only. As part of the same law allowing sports betting, several casinos were also required to be built in the state; these could be the establishments that will later accept sports betting. You can also still use offshore sportsbooks in Virginia.

Online Sportsbooks in Virginia

A variety of sports betting apps are currently available to bettors, with plenty more on the way. Even though the state lacks retail sportsbooks, which are expected to open this year, the Commonwealth of Virginia is home to plenty of top-notch online real money sportsbooks that can be used by sports fans anywhere. The combined bonus offers from these online sportsbooks total approximately $10,000.

Several of the best sportsbook apps are now available in Virginia’s market, which gives bettors several great choices now that the state offers online sports betting. It is Virginia Lottery’s responsibility to license sportsbooks. There are currently 11 Sportsbook apps available, so sports bettors have plenty of options to choose from.

Betting Options

You can bet on almost any sport with an online sportsbook in Virginia. There are now dozens, sometimes hundreds, of betting options available on every match, from professional football and basketball games to baseball games and soccer.

It is easy to understand how to win and lose when you are new to sports betting. However, it can be more difficult to understand the variety of bets. You increase your chance of winning if you know all the different types of bets, not just because it gives you more wagering options but also because you know when and how to place a bet. Virginia sportsbooks offer a wide range of betting options. The best online sportsbooks in Virginia offer a variety of sports bets for every player and situation. Below are just a few of the most popular options:

Moneyline

Moneyline betting, or straight bets, are the simplest of all sports wagers: You pick one team to win. Depending on the sport, you can pick up to three outcomes for this wager. Let’s say you are betting on the Chicago Bulls versus the Miami Heat. You have to select who you think will win. If you’re betting on Miami to win, you’ll place a win bet on Miami to win within regulation time.

Handicap or Point Spread

Point spread bets are another kind of wager available for many sporting events. In the United States, point spread wagers are very common. It is also common across Europe and in other places worldwide to place a similar bet. This type of wager is called handicap betting in these countries.

In both cases, the principle behind the wager is the same. Sportsbooks determine which team they predict will win a match based on how much they think they are favored. Then, they’ll decide how many points they believe the winning team will score. Your decision will then depend on whether you believe the sportsbook made an overstated or understated pick.

You can visualize this by looking at the following example: a sportsbook has posted a point spread of 5 points in favor of Miami in a game between the Chicago Bulls and Miami Heat. Thus, the sportsbook expects Miami to win by 5 points. If you believe Miami will win the game by 5 or more points, you’ll bet on it. If you feel Chicago will win or lose by four points or less, you should bet on Chicago.

Under/Over Bets or Totals

Americans call it a total bet, while people around the world usually refer to it as an over/under bet. A total bet is an easy wager that beginners might want to use. When a sportsbook offers a total bet, a specific point will be associated with the sporting event. The total is based on the final score of the game. If you bet on the total, you’ll need to determine whether you believe the total will end up above or below the score set by the bookmaker.

For example, a sportsbook might place a total of 199 points on a Miami Heat versus Chicago Bulls match-up. Bet on over 199 points if you anticipate both teams scoring more than 199 points in the game. If you think the teams’ combined score will be below that, bet on the under. You’ll win your totals bet if you pick correctly.

Outright and Futures Bets

This type of bet involves betting on the overall winner of a tournament, league, or competition. Your pick is usually made before the competition takes place. 

For example, before the season starts, you might bet on who will win the NBA Finals. Another example would be placing bets on who will win the Super Bowl before even a single game of the NFL season has been played. You’re betting well before the actual event with both of these examples.

It can be difficult to pick these outright bets correctly because most are placed too far ahead of the completion time, and you bet on a particular team that you don’t have much information to go on ahead of the season. As a result, their payouts can be highly lucrative. Despite their attractive payouts, it’s important to remember that they are risky bets.

Prop Bets

Putting down a proposition bet might be good if you want something different from a standard sports bet. A prop bet can be placed on almost anything. These types of bets are also called specials.

For example, it is possible to place prop bets on how many goals each team or player will score in a game. There are also prop bets on the time when the first goal in a soccer match is scored and the first run in a football game. There are many more prop bets available than those in these examples. With this type of wager, you can bet on a variety of different things.

Accumulators and Parlays

This kind of betting allows you to select several picks within one wager.

For example, you can place an accumulator bet on six different horses if you bet on horse racing. You must pick all six races correctly to win this wager. A single wrong pick will result in the loss of your stake and the loss of your bet. Parlays and accumulators are risky bets due to the number of selections involved. Therefore, you can earn significant payouts, but there’s a lower chance that you will make correct predictions. Due to this, we recommend using these bet types only for smaller wagers.

Teaser

A teaser bet reduces both the amount of risk and the potential payout of a parlay by moving the lines slightly in the bettor’s favor. There are usually only teasers on basketball and football. Each sportsbook has its tease limit, usually between 6 and 7 points for football and 4 to 7 points for basketball.

Parlay lines are moved according to how much you tease – the larger the tease, the smaller the payout. A three-team NFL parlay teaser bet example:

The original line: The Packers (-3) defeat the Bears, the Vikings (+4) defeat the Lions, and the Patriots (+6) defeat the Ravens

7-point teaser: The Packers (+4) over the Bears, the Vikings (+11) over the Lions, and the Patriots (+13) over the Ravens.

The lines were adjusted in the same direction in the same amount, as shown in the above lines. One lost bet will scupper the whole ticket, just like standard parlays, despite the more favorable lines associated with teasers.

Virginia Sportsbooks Promotions and Bonuses

The sportsbook welcome bonuses attract new players that top Virginia sportsbooks offer. You can place larger bets or even risk-free wagers by using these bonuses. We’ll examine some of the most popular bonuses offered by Virginia sportsbooks.

Matching Deposits

Many sportsbooks offer a welcome bonus that matches your deposit. This type of bonus relates directly to your deposit amount. For example, you receive more money when you make a deposit. Some sportsbooks match 100% of your deposit. If you deposit $250, you will receive a $250 bonus.

Free Bets

Free bets are also highly popular welcome bonuses. At some sportsbooks, you can receive free bets worth up to $1,000. An online free bet allows you to bet on a match of your choice, up to the bonus amount. The winnings from the bet are yours. Upon losing the wager, some sportsbooks will reimburse you the stake amount. In other words, it is risk-free betting.

Deposit-Free Bonuses

There are relatively few no deposit bonuses, but it’s a great deal when you find one. You do not need to deposit any money for this sportsbook bonus. If you open a betting account, you will be credited with money that can be used to make wagers right away.

Withdrawals and Deposits at Virginia Online Sportsbooks

Various banking options are available at Virginia sportsbooks, most of which allow instant deposits and withdrawals. The most popular methods of paying include credit cards, electronic wallets, online banking, and cash methods like PayNearMe.

There are many withdrawal options at Virginia sportsbooks for your convenience. Payments are processed promptly and without any hassle. Using an electronic method, you should be able to access your payout within a few days after it has been approved. Sportsbooks may also allow you to trace your withdrawal status at any time.

The following payment options are available:

• Bank Cards (credit and debit cards, American Express, MasterCard, Visa)
• Paying online by bank transfer (ACH, Instant Echeck, VIP Preferred, Interac, etc.)
• E-wallets, for example, Neteller, PayPal, Skrill, etc.
• Prepaid card (Paysafecard, Play+, etc.)
• Cryptocurrency (Bitcoin, Dogecoin, Ethereum, etc.)

You can find our list of the best Bitcoin sportsbooks, best PayPal sportsbooks, best Skrill sportsbooks, best Neteller sportsbooks and best crypto sportsbooks here.

Virginia Sportsbooks Leagues Available for Betting

The following list highlights some of the major leagues/sports that you can bet on at sportsbooks in Virginia:

• MLB Betting Sites
• Soccer Betting Sites
• NFL Betting Sites
• NBA Betting Sites
• NCAA Betting Sites
• NASCAR Betting Sites
• NHL Betting Sites
• Tennis Betting Sites
• Boxing Betting Sites
• UFC Betting Sites
• Golf Betting Sites
• Soccer Betting Sites
• March Madness Betting Sites
• Esports Betting Sites
• Super Bowl Betting Sites

In addition to mixed martial arts and boxing, tennis is also available, along with international games such as cycling, rugby, and table tennis.

Sportsbooks in Virginia: How to Play

It is both easy and quick to register with a sportsbook in Virginia. Simply follow the instructions below:

1. Choose a Virginia sportsbook: You can choose one of our recommended sportsbooks. Read our expert reviews to discover the best welcome offers, and you will find the sportsbook with the bonuses that suit you.
2. Create an account: While completing the application process, you’ll be asked to provide personal information, such as your name, address, telephone number. Furthermore, when registering or withdrawing for the first time, you may be required to provide an ID.
3. Fund your account: Deposit money into your account.
4. Take a look at the odds, pick your favorite bet, make a bet.

Conclusion

Virginia has seen a huge influx in sports betting since its launch. Several Virginia sports betting websites and a physical sportsbook are on the way. You will find the best bonuses and promotions with these offers across our featured sites so that you can make larger wagers or risk-free ones. A sportsbook in Virginia can offer almost every sport you can imagine, and opening an account is an easy and quick process to follow.