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Virginia sports betting officially went live in January 2021 after the state legalized betting in 2020.
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At the start, sports betting in Virginia will take place via mobile and online sportsbook apps, which have become increasingly popular through the legal US sports betting market.
FanDuel Sportsbook launched the first app through a partnership with the Washington Football Team.
More sports betting apps are in the approval process in Virginia. DraftKings Sportsbook is licensed and live, and BetMGM and BetRivers began operation in January 2021 as well. William Hill joins the market in February 2020.
Here is more of what you need to know about Virginia sports betting.
Virginia sports betting now live in 2021
Legal Virginia online sports betting
Virginia sports betting became legal in April 2020, when the Virginia state legislature passed a sports betting bill.
Betting on sports in Virginia eventually will become available from anywhere within the borders of the state. Mobile VA sports betting on smartphones will allow bettors to sign up for and fund accounts through apps on your device.
You do not need to live in Virginia to bet on sports in the state. You will, however, need to be physically located in the state to place a wager legally.
The state lottery oversees VA sports betting. Regulations are already in place, and more than two dozen sportsbooks have applied to operate in the state. There could be up to a dozen apps available throughout Virginia eventually.
Best Virginia sportsbook apps
State law mandates that there will be a minimum of four and a maximum of 12 VA sportsbook apps available.
FanDuel Sportsbook launched first, and DraftKings Sportsbook, BetMGM, BetRivers, and William Hill followed closely. Many more sportsbooks will offer sports betting apps in Virginia. Many of these brands are participating in new markets throughout the US legal market:
Generally speaking, more sportsbooks in a given state lead to a better market. Competition to gain customers often leads to sportsbooks offering better signup offers and promo codes. These can include free bets or deposit matches, ranging from a few dollars to a few hundred dollars.
This is not necessarily a complete list of potential VA sportsbooks. Your smartphone device will use geolocation technology to verify that you are within Virginia before allowing you to bet with these sportsbook apps.
Here’s some more information on some of the biggest sportsbooks that will likely find their way into Virginia:
DraftKings Sportsbook
DraftKings, a leader in both daily fantasy sports and sports betting in the US, has been aggressive about getting into every state possible, and it went live in the state in January 2021.
If you’re a new bettor, you can receive $50 free, plus up to an addition $1,000 in bonus offers.
FanDuel Sportsbook
FanDuel is the current US leader among all sportsbooks in terms of amount wagered, Virginia is an obvious choice for the FanDuel sports betting app. The app provides weekly promotions, daily odds boosts and a live betting tool.
Bettors in the state get up to a $1,000 risk-free bet upon a first deposit.
BetMGM Sportsbook
The sportsbook from MGM Resorts International has been similarly aggressive entering every online sports betting state it can. It will not have a brick-and-mortar casino in the state, but does have one in neighboring Maryland. MGM started its app in January 2021.
Bettors should get a deposit match bonus of up to $500, based on what MGM does in other states.
BetRivers Sportsbook
BetRivers parent Rush Street Interactive partnered with the upcoming Rivers Casino Portsmouth to launch sports betting in Virginia. The brick-and-mortar casino will come later but the mobile platform is available now.
Bettors should be able to access a bonus offer comparable to that available in other states.
William Hill Sportsbook
Caesars will build the casino in Danville; Caesars is also buying William Hill. One plus one equals a VA sportsbook from William Hill, a big operator in Nevada and the UK, with a growing footprint around the US.
William Hill offers up to a $500 free bet on a first deposit in many other states.
Virginia sportsbooks at casinos
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As Virginia sports betting launches, there aren’t any physical sportsbooks. Part of the reason why? Virginia casinos were approved in 2020 referendums and will be built in the coming years. And there should be sportsbooks at those casinos eventually.
There could also be physical sportsbooks at sporting venues, like Virginia’s two auto racing tracks.
Latest VA sports betting news
Virginia Closer To Adding 5 More Mobile Sports Betting Licenses
The bill sponsors that helped legalize sports betting in Virginia last year are a step closer to fixing a mistake in their legislation. Both Sen. Jeremy McPike and Del. Mark Sickles submitted bills this year to clarify the cap on mobile sports betting licenses. SB 1254 and HB 1847 make it clear that the five […] Read More- Where to Bet:
How to read NBA Las Vegas Odds
The point-spread was developed to provide a balance for both teams involved in a contest to attract bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $91.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NBA Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state of Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NBA bets.
Another number that’s posted on the NBA Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NBA Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
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NBA Open Line
Las Vegas Betting Lines
One of the best features on the NBA Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NBA or any other sport, it’s a great idea to view the open line first.
VI Consensus NBA Line
The VegasInsider.com Consensus NBA Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
Betting on NBA Games
Bettin.gs - The Easiest Way To Manage Your Betting Portfolio
Where can I bet on NBA games?
There are several legal sportsbook options in the United States. Visit our sportsbook directory to find online sportsbooks where you can bet on the NBA.
Who are the experts picking to win?
Our experts offer picks on all the big NBA games. Check out our 2020 NBA Playoff Predictions or our NBA game picks to see what our handicappers are saying.
What type of bets can I make on NBA games?
Betting the point spread, straight up winner, and over/under point total are the three popular NBA bets. Sportsbooks also first half lines, live betting, and other betting angles.
Who's the favorite to win the NBA Championship?
For odds on where teams will finish in the NBA Playoffs, check out our NBA Futures page.
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Can you place parlay bets on NBA games?
Most sportsbooks will allow you to parlay your baskteball bets, meaning you can bet on multiple odds and win a bigger payout if they all win. Check out our parlay calculator to see what your payout will be.