Virginia sports betting officially went live in January 2021 after the state legalized betting in 2020.
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.
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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.Over under win totals nfl.
Virginia sports betting now live in 2021
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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.
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Here’s some more information on some of the biggest sportsbooks that will likely find their way into Virginia:
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 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.
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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 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
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
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Virginia Bettors Wagered Plenty In First 11 Days Of Trickling RolloutVirginia sports betting rolled into action in January with steady handle. The Virginia Lottery released a first look into the state’s action Monday. In their first 10 days, bettors wagered $58.9 million in the VA sports betting market. Bettors won $55.3 million for a hold of 6.08%.The state’s four operators spent $6.3 million on bonuses and […] Read More
The world of wagering has opened up locally in the past few years to include more opportunity within esports. But an oft-overlooked section of the sports betting community is those who play for fun and friendly competition.
In 2018, betting laws expanded to include skill-based sports wagering — including esports — in Pennsylvania and other states. Instead of placing a bet on your hometown team, why not place a bet on yourself?
This was the thinking of PLLAY cofounders Christine Krzyzanowski and Shawn Gunn, creators of the video game wagering and data platform. The app gives what they call “casual gamers” a chance to cash in on some competitive face-offs, and a secure platform to make the monetary exchange.
The pair spent some of 2018, 2019 and the first part of 2020 building and testing the app, and launched a beta version this past summer. Krzyzanowski, who’s based here in Philly, and Gunn, who’s in Los Angelos, run a distributed team of around nine full-timers and a handful of engineering contractors.
There’s a handful of companies in this space, but PLLAY’s AI technology offers some match oversight, real-time data monitoring and an escrow service to legitimize the betting process that usually happens in Facebook groups or in WhatsApp, the founders said. The app integrates with Twitch or other streaming services to capture data, monitor the match, record wins and direct the money to the winner.
The company’s core audience is between 18 and 35, and the lower end of that age bracket is “super under-banked,” Gunn said. The app’s fintech aspect — which allows users to submit their wagers, which are then held in escrow during the game — ensures folks don’t get ripped off.
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Krzyzanowski said the pair had been friends for about eight years when the law passed in 2018, and her background at FanDuel Sportsbook, plus Gunn’s interests as a gamer, pushed them to act on the idea.
“Being a gamer himself, he had this notion to roll up their world that was kind of kept underground into a safe environment,” she said of Gunn.
And they could see the potential from a B2C and B2B standpoint, Gunn said. The app has also gained interest from companies throwing gaming tournaments for its monitoring and match recording capabilities.
“We also realized there was this opportunity to own the data side of this industry, and offer the premium capabilities for users to get paid,” Gunn said. “We took what usually happens in office pools and Facebook chat boards and gave it a safe set of rules and brought it to the mainstream.”
The cofounders said PLLAY is in the process of closing a seed round worth nearly $4 million, led by Screen Play Ventures. Other investors include NBA All-Star Bradley Beal, Obsidian Works Managing Director Chad Easterling, and GE Power Portfolio President and CEO Russell Stokes. The funding will go toward enhancing the user experience, expanding its tech with new features, hiring, and accelerating user acquisition.
Currently, players can wager on Call of Duty: Modern Warfare, Madden 21, FIFA 21, NBA 2K21, and Fortnite on both Xbox and PlayStation consoles. Throughout the rest of the year, the team looks forward to releasing more titles, aiming for 20 to 40 more, and possibly adding PC-based games.
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