You must be 21 years old to participate in sports betting in Michigan. Do I have to live in Michigan to gamble or bet? Getting to the point where you can actually place a bet is usually very simple, but you do have to take a few required steps first. Step 1: Choose A Sportsbook Site Or App This may seem obvious, but given the growing market and the number of operators, choosing a sportsbook can be tough. If you start out thinking head 2 head matches will be easier to win you are likely to be wrong. Sharp and strong players play in the head 2 head matches by entering the same line-up in multiple contests. They do the research, build a few line-ups and then enter those line-ups against as much varied competition as they can.
Many of the most avid sports fans often wonder how to bet on sports online legally, particularly because sports betting only became legal a few years ago.
Just two years ago, the US Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA). The historic decision paved the way for states to legalize sports betting on an individual basis.
In only two years, the burgeoning US sports betting scene has developed into a competitive market, and it’s only getting stronger.
Sports betting isn’t legal everywhere in the US, but many jurisdictions authorized and launched completely legal sportsbooks. It’s easier to place a legal bet in the US right now than it has ever been before.
To bet online legally, you first need to find a legal and regulated operator. Fortunately, many states have legalized sports betting and have online sportsbooks live, accepting wagers. Sportsbook technology is so streamlined that using them is about as simple as using any other app you access on a day-to-day basis.
The bets you’ll find vary somewhat by state because certain jurisdictions prohibit specific types of bets. Illinois, for example, does not allow betting on elections, awards shows, any college match that includes an Illinois school, or minor league sporting events. Still, most sportsbooks offer a wide array of bets on professional sports, college matches, and international events.
Online sports betting brings a hobby to the digital space that formerly required users to visit land-based sportsbooks. Betting online has the added advantage of convenience and speed.
Here’s an at-a-glance overview of sign-up bonuses from some of the biggest sportsbooks:
|Sportsbook||Bonus Offer||Live In|
|DraftKings||20% deposit match up to $1000||CO, IN, NJ, WV, PA, IL, IA, NH|
|FanDuel||Up to $1000 risk-free bet||CO, IL, IN, NJ, WV, PA|
|FOX Bet||Up to $500 risk-free bet||CO, NJ, PA|
|BetRivers||100% deposit match up to $250||CO, IN, PA, IL|
|PointsBet||2 risk-free bets up to $2,000||NJ, IN, IA|
When the Supreme Court overturned PASPA, it granted states the individual opportunity to legalize sports betting. As a result, the US sports betting landscape is incredibly diverse and nuanced. Even among states that have launched sports betting, the laws make each market unique.
|State||First Online Sportsbook Launched|
|New Hampshire||December 2019|
|New Jersey||July 2018|
|Rhode Island||September 2019|
|Washington DC||May 2020|
|West Virginia||August 2018|
Legislation and regulation, especially when real money gambling is involved, can take time. Many states are still solidifying their sports betting laws, and a few are expected to enter the market very soon.
Michigan, Tennessee, and Virginia have all legalized online sports betting and will launch once regulations are finalized and licenses are granted. Among those states, Tennessee is unique in that it will allow online-only sportsbooks exclusively because there are no land-based casinos in the state.
Meanwhile, New York, Arkansas, Mississippi, North Carolina, and New Mexico all have retail sports betting. Those states could consider online legislation in the near future to boost their existing land-based offerings.
Other states have been working on legislation, but have encountered roadblocks for various reasons. Once they overcome certain obstacles, we expect California, Massachusetts, and possibly Florida to legalize online sports betting.
The expansion of the US sports betting landscape has brought the rise of various operators. This gives sports bettors plenty of options to choose from, and using one of the top sports betting sites means you’ll have a seamless experience from start to finish.
Available in: CO, IN, NJ, WV, PA, IL, IA, NH
DraftKings is one of the industry’s undisputed leaders. The company began as a daily fantasy sports provider and grew rapidly to become a top-tier sportsbook and online casino operator. In states where it’s live, DraftKings almost always nabs the top spot in terms of revenue.
DraftKings is about as close to flawless as a sportsbook can get. It has apps for iOS and Android, it’s optimized for mobile browsers, and it has an intuitive desktop interface. With plenty of sports and competitive odds, playing at DraftKings should be an easy choice for any bettor.
The only downside is that DraftKings sign-up bonus, a 20% deposit match up to $500, requires a hefty initial deposit to make it worth your while.
Check out the current bonus at DraftKings.
Available in: CO, IL, IN, NJ, WV, PA
FanDuel is another leading name in the sportsbook world. It’s owned by Flutter Entertainment (a company formed by merging Paddy Power and Betfair). Flutter is a driving force in the European gambling market, so FanDuel has the backing of an experienced corporation.
Like DraftKings, FanDuel has plenty to enjoy and very few faults. The app has some minor interface issues (sometimes pages load on the slow side), but generally FanDuel is a top-notch sportsbook. You can find plenty of US sports in addition to more niche offerings on international events.
Check out the current bonus at FanDuel Sportsbook.
Available In: CO, NJ, PA
The biggest downside for FOX Bet is that it’s only available in three states. However, the company has big expansion plans, and you can expect the sportsbook to move into new markets in the coming months and beyond.
FOX Sports and The Stars Group (another major European company) run the FOX Bet brand in the US. With strong backing from leading gambling and media corporations, FOX Bet has a great chance to rise to the top of the sports betting industry.
FOX Bet is user-friendly and has lucrative sign-up bonuses: a 50% deposit match bonus up to $500 and a $500 risk-free bet, totaling a possible $1,000 bonus for new players. FOX Bet players can access the book via Android or iOS app plus desktop and mobile browsers.
Available in: CO, IN, PA, IL
BetRivers is the official online sportsbook from Rush Street Interactive.
BetRivers’ welcome bonus offers up to $250 as a deposit match with a minimal play-through requirement, and you’ll find odds similar to those on DraftKings. The company’s app is user friendly and easy to navigate, cementing it as a sports betting leader.
Australian operator PointsBet has one of the most intuitive, user-friendly apps on the market. PointsBet also has great odds on the underdog compared to competing sportsbooks. Add on a welcome bonus up to $1,000 in risk-free bets, and you have a strong sportsbook.
There are plenty of other sportsbooks on the market. Barstool Sportsbook, for example, is coming to a few states. William Hill is another big operator with a strong industry history. Every sportsbook has something to offer, so keep an eye out for special bonuses, competitive odds, and unique betting options.
You should look for a few key details when you’re choosing an online sports betting site.
First and foremost, is your preferred sportsbook actually live in your state? That’s the first factor you should consider. Fortunately, many sportsbooks are making their way to multiple markets.
Second, how do you want to bet? Phone, tablet, or desktop? Most sportsbooks have apps and desktop sites available, but you should always check that your preferred method is available. Take it one step further and check to see how intuitive the experience is. Sportsbook apps should be seamless and easy to use.
Do you prefer to bet on the underdog or the favorite? Do you like to bet on a niche sport outside of the most popular events? Check for these types of things at your sportsbook. Some sites, like PointsBet, tend to favor the underdog while some offer better odds on the favorite. Learn more about odds for the NFL and how to use an edge table.
Most payment methods–credit/debit, PayPal, online banking, etc.–are standard across the board. But if you use a more obscure method like PayNearMe, you should be sure your preferred sportsbook accepts it.
Getting to the point where you can actually place a bet is usually very simple, but you do have to take a few required steps first.
This may seem obvious, but given the growing market and the number of operators, choosing a sportsbook can be tough. Use the information on this page or visit our individual sportsbook reviews to help you choose one that’s legal in your state and best fits your tastes.
Once you’ve picked a sportsbook, you’ll want to access it via either desktop/mobile browser or by downloading the app. You can switch methods whenever you’d like, but for your first time pick one and stick to it to keep the process simple. If you’re playing on a desktop or a mobile browser, just head to the sportsbook’s website. To get the app, it’s slightly more complicated:
Sportsbook apps have to adhere to strict regulations–not just from legislators, but from technology providers. Google and Apple have specific restrictions on gambling apps. To download a sportsbook app, you have to work with these restrictions.
For iOS device users, it’s pretty cut and dry. If your preferred sportsbook has an app in the App Store, just download it as you normally would.
Android users aren’t quite so lucky. Google prohibits all gambling apps from the Google Play Store, so you can’t get them from that marketplace. Instead, you can install the app straight from your sports betting provider’s website. Sportsbooks will have a convenient link on their site that kickstarts the download process. Once you select a few settings and install the app, you’re good to go.
Once you have the app or have visited the desktop site, create your account. This is similar to signing up for an account at a social media site or online shopping retailer with some small differences. You’ll provide:
You may also need to download a separate geolocation app (pr plug-in for desktop users) to confirm your location whenever you wish to place a bet. You need to be in state lines
Some states require you to confirm your account in person before you can place a bet. Illinois and Iowa are among the states with this requirement. Once you register, you need to visit your chosen sportsbook’s land-based partner to complete registration, then you can place wagers.
App downloaded/desktop site bookmarked? Registration complete? Now you’re ready to make a deposit. There are a number of popular payment methods: credit and debit cards, prepaid cards, PayPal, online banking, wire transfer, and more.
Use the method you’re most comfortable with. In the app or on the sportsbook site, visit the cashier section from the menu (sometimes there’s an option to just select “deposit”) and follow the prompts to connect your preferred payment method. ACH echeck and PayPal are two of the easiest methods, but others work just fine, too.
After you deposit, you can place a bet. And when you’re ready to cash out, head to the cashier page again and select from the available options. These usually include check by mail, bank transfer, or PayPal.
Sportsbooks offer a few common bonus types that you can use to maximize your account value, especially your first few bets.
This one’s simple. Just register for an account and the sportsbook will credit your account with a small amount of money, usually between $5 and $25 (more if you’re lucky). No deposit required! It’s essentially a “thank you” bonus for signing up, and you can use the credit to place a bet.
Deposit matches are simple in theory, but the terms and conditions can make them tricky to navigate. In their simplest form, deposit matches allow you to double your account value. For example, BetRivers offers a 100% first deposit match up to $250. Simply put, if you make an initial deposit of $250, they’ll credit your account with an additional $250.
Some operators match a smaller percentage. DraftKings does a 20% deposit match up to $500. To get the maximum match, you’d have to deposit $2,500.
Always check the terms–deposit matches usually only apply to your very first deposit. And before you can cash out the bonus money, you typically have to wager with it.
With a risk-free bet, you have a wagering safety net. These almost always apply to your first bet and then expire. Just place a bet, and if you lose, the sportsbook will credit your account with the amount you wagered. If you win, you keep your winnings. Risk-free bets often come with a maximum of $500 (this is the case at FanDuel and PointsBet).
Using a legal, regulated sportsbook offers the safest, most secure sportsbook experience. Offshore/grey market sites are incredibly risky; they can shut down at a moment’s notice and they don’t use high-level security tools. Your data and personal information are at risk at an offshore site, making legal sites your best route to a safe sportsbook outing.
You should trust online sports betting sites only if they are licensed and regulated. State government agencies oversee sports wagering, and they put strict regulations in place to protect players.
Each state has some sort of governing body for sports betting that grants licenses. Legal sites have licensing information easily available on their websites and within their apps. Click through the available links for more regulatory and legal information about your chosen sportsbook.
Yes. Legal online sportsbooks use high-level encryption tools. SSL is one such tool, and it protects your data, including financial information, from hackers as it travels from your device to your sportsbook. Regulated sports betting sites use technology on par with security tools used by banking institutions and online shopping sites.
In most cases, yes. States often set a threshold for taxable winnings. If you win a significant amount of money, you will have to pay income taxes on those funds. Laws vary by state, so check with your sportsbook’s support team or your state’s gaming oversight organization for more information.
Yes. You’ll need to provide your social security number, location, and other info when you sign up for a sportsbook. Your data is encrypted before it’s sent to the sportsbook, and only the sportsbook’s systems can view it to confirm your age and identity.
The SSN and location requirements also stop hackers from creating dummy accounts in an attempt to steal information from sportsbooks.
Sports bets can be a bit daunting for beginners, but they’re not too complicated once you get a grasp on the most common available wagers. Here are some of the most common bets at legal sportsbooks.
These three bets are often listed side by side and are commonly the first bets you’ll see for a given match-up.
Moneyline bets simply require you to choose a winner of a given match. The odds (which we cover below) on that match then determine how much you win if you chose correctly. If you see moneyline bets available, all you have to do is pick the team or player you expect to win.
Point spreads are intended to even the playing field for a match. Instead of picking an outright winner, you’re betting on the margin of victory. Here’s an example of how a point spread bet might look:
The 3.5 on both teams represents the margin of victory, and players have to decide whether the Bears will win by at least 3.5 points. Beaches with casinos near me. After the game ends, if you selected the Bears and they won 24-20, you would collect on your bet because they won by 4 points. If the final score was Bears 21 Packers 20 and you selected the Bears, you would lose your bet because they did not win by at least 3.5 points.
If you’ve heard the term “over/under,” it’s likely been in reference to totals bets. Totals take the final combined total score of both teams in a match and have players bet on whether that score will be over or under a certain threshold. Using our example match-up above, it might look like this:
You would place a bet on either the over or the under. If the total points at the end of the game exceeded 50.5, the over wins. If the total is below 50.5, the under wins. If the score was 24-21, the total points would add to 45 and the under would be the winning bet.
You can find plenty of other bets at online sportsbooks, too. Each bet has its own advantages and disadvantages.
Odds determine how much you’ll receive if you bet correctly. To new bettors, they can be intimidating, but they’re easier to understand than they look at first glance.
Odds are first set by the likelihood of one outcome to occur over the other. You will almost always see a higher payout on an unlikely bet than a wager on the favorite of a match. Once the initial odds are set, they can change based on how many bettors are wagering on either side. This is to balance out the sportsbook’s earnings on each bet.
Odds could also change based on events outside of a game. For example, if a starting quarterback is unexpectedly benched due to an injury, the odds on that team to win could plummet.
At US sportsbooks, odds are displayed as positives and negatives. Let’s use a moneyline bet as an example and pretend once again the Bears are playing the Packers:
When a team has a negative number (Packers -136), it means that team is favored to win the match. A positive number (Bears +112) means that team is the underdog. These odds also determine payouts.
If you bet on the favorite (Packers -136), you would need to wager $136 to win $100. Negative odds essentially mean you need to bet that amount to win $100.
Betting on the underdog is slightly different. The +112 on the Bears means you would win $112 if you bet $100. Because the underdog is less likely to win statistically, the payout potential is better.
If multiple sportsbooks are available in your state, peruse the available odds to find the best possible payouts. PointsBet, for example, usually offers great odds on the underdog while FanDuel tends to give better payouts on the favorite. These change frequently, so always check your options before you place a bet.
See our fullGuide To Sports Betting Odds.
|Action||Having “action” is meant to indicate you have a vested interest in a match. If you placed a bet on a match, you could say you have “action” on that match.|
|Bonus||An added benefit or reward, usually given to new players as a thank you or to frequent players for crossing certain spending thresholds|
|Bankroll||The amount of money you’re willing to risk or bet at a sportsbook|
|Edge||An advantage, either real or perceived, that a bettor has over the sportsbook’s odds|
|Even Money||A bet with a 50-50 outcome, aka an even chance for either side to win|
|Handle||Number of bets taken by a sportsbook|
|Lines||Another term for point spread. A “line” is set on matches with a favorite and an underdog to make the outcome more even.|
|Live betting||Wagering on a game or match after it has already started.|
|Margin||The difference between the odds of a match and the true probability of the outcome.|
|Odds||Numbers assigned to bets meant to indicate the likelihood of specific outcomes.|
|Prop bet||A bet on an in-game event not likely to affect the outcome of the match. For example: Will Khalil Mack record a sack in the second half?|
|Push||Result of a tie between the bettor and the sportsbook. No money is won and no money is lost in a push, you keep your wager but receive no winnings.|
|Spread||Like “lines,” a spread is set to encourage bets on either side of a match-up by giving a point advantage to the predicted underdog.|
|Exotics||Exotics are less common bet types beyond point spreads, moneylines, or totals. Some might consider parlays or pro bets to be “exotic.”|
21. Regulated states require gamblers to be at least 21 years of age to place a bet. When you sign up for a sports betting account, you will provide your date of birth and the last four digits of your social security number to confirm you’re old enough to participate.
It’s difficult to say if there’s one frontrunner. DraftKings, FanDuel, BetRivers, PointsBet, and FOX Bet could all be considered the best for different reasons.
If you look at revenue by state, DraftKings is the undisputed leader in the sports betting arena. In terms of overall experience and app functionality, PointsBet gives DraftKings a run for its money. Bottom line: it comes down to personal preference.
Yes. There are plenty of sports betting apps available in Las Vegas, most of them operated by Sin City casinos. To place bets online in Nevada, you have to be within the state, which will be confirmed by geolocation.
Most regulated sportsbooks already have Super Bowl future bets available, so you can bet on your favorite team to win the big game.
For more specific Super Bowl bets like moneyline, point spreads, and totals, you’ll have to wait until the playing teams are revealed and odds are set.
Yes. College sports betting is allowed in almost every state that has legal sports betting. Some states have specific restrictions, though. In Illinois, for example, you can’t bet on any match that includes an in-state college or university. Regulated sportsbooks won’t offer bets that are deemed illegal in that specific jurisdiction, or they’d risk losing their license to operate.
Not across the board. In fact, most states completely ban betting on high school sports for fear of league corruption. High school sports are considered amateur events, and almost every regulated sports betting market prohibits amateurs betting.
In some states. Not every state allows election betting. Because the overturning of PASPA gave states the right to regulate sports betting on an individual basis, election betting availability varies widely. Some states have chosen to allow it while others bar it completely.
No. Currently, 12 states plus Washington D.C. have legalized and launched sports betting.
Other states–Michigan, Tennessee, and Virginia, to name a few–have legalized sports betting but haven’t launched any sportsbooks yet.
Some remaining states are in the early process of building legislation to allow sports betting, such as California and Massachusetts.
Only a select few states, such as Texas, have specifically moved to stop sports betting legislation.
Virginia became one of the latest states to legalize sports betting in 2020. Five sportsbook apps launched in time for Super Bowl LV betting, with FanDuel sportsbook leading the way on January 21, 2021.
Numerous big names in the sports betting industry are set to launch throughout 2021. Some of these operators have deals with retail casino locations to be constructed over the next few years. Overall, the next few years are sure to be exciting for sports bettors all across the Old Dominion.
Best for New Bettors
at William Hill VA
Available On: iOS, Android, Web Browser
States Accepted: VA, IL, CO, IN, IA, MI, NJ, NV, WV
Best for New Bettors
William Hill Virginia
4.2William Hill Review
William Hill launched on February 3rd in Virginia just in time for the Super Bowl. With the largest risk-free opening bonus and a great website and app – William Hill is a great choice for Virginia sports bettors.
William Hill is the oldest continuously running sports betting company, with a large international footprint. They also operate the largest number of retail sportsbooks in the US. In Virginia, bettors can expect a strong and stable app, great ongoing promotions, and an easy-to-navigate live betting system on the app.
Largest risk-free bonus, biggest retail sportsbook footprint in US
Best for iOS and Android Apps
at FanDuel Sportsbook VA
Available On: iOS, Android, Web Browser
States Accepted: VA, IL, NJ, PA, IN, IA, CO, WV, TN, MI
Best for iOS and Android Apps
FanDuel Sportsbook Virginia
4.3FanDuel Sportsbook Review
FanDuel is one of the two top dogs in American sports betting, and it already offers daily fantasy sports. This makes it no surprise that it was the first to confirm its launch in Virginia on January 21, 2021, only a day before its launch in Michigan.
With a generous opening bonus and a slick, streamlined user interface that makes the app easy to use even on high-traffic gamedays, FanDuel is likely to be a sports bettor favorite in Virginia.
DFS, search bar, odds format changing, odds-changing mid-bet
Best for MGM Players
at BetMGM VA
Available On: iOS, Android, Web Browser
States Accepted: VA, CO, IN, IA, MI, NJ, NV, PA, TN, WV
Best for MGM Players
BetMGM is an international sportsbook operator that’s likely to come to Virginia sometime early in 2021. As one of the biggest betting and casino companies in the world, this app offers excellent market depth and variety. Despite its recent arrival in the US, it has a solid user reputation already.
Included among its attractive features is a generous opening bonus, extra international betting pools, and markets for leagues and activities like international soccer, cricket, and Australian rules football, and more.
TERMS AND CONDITIONS APPLY & 21+
Best for Deposit Bonus
at BetRivers VA
Available On: iOS, Android, Web Browser
Best for Deposit Bonus
Sports betting enthusiasts will want to check out the BetRivers mobile app. Unlike most other prospective sportsbook launches, BetRivers is definitely known to be launching in 2021 since the operator has already made an agreement with Portsmouth, VA. This operator will provide retail sports betting once that city’s casino has been constructed.
The app itself is one of the best on the market. It has a phenomenal loyalty program and a very clean, minimalist user interface. This makes navigating to different betting pools or game events quick and easy.
Sports newsfeed, “Live Right Now” wagers, live streaming
Best for Sports Fans Who Also Play DFS
at BetMGM VA
Available On: iOS, Android, Web Browser
States Accepted: VA, IL, CO, IN, IA, MI, NJ, NV, WV, PA, NH, TN
Best for Sports Fans Who Also Play DFS
DraftKings is also likely to have a big presence in the Virginia sports betting market. That’s partially because of its robust mobile app and its phenomenal market depth and variety, both of which blow most of its competitors out of the water. For example, DraftKings is one of the few operators to offer eSports betting on its mobile app where available under local state law.
DraftKings also has a very generous opening bonus totaling a little over $1000, an intuitive mobile app for all major platforms, and daily mobile-only betting pools that you can only access using the app rather than the desktop site.
Easy access betting slip, special mobile-only wagers, DFS
PointsBet is a relatively new sportsbook to come to America that offers phenomenal odds (especially for any fixed odds wagers). PointsBet shares its name from its special “pointsbetting” system – this allows players to participate in a special type of spread betting. If you have an appetite for high risk and high reward wagers, it’ll be a great app for you, even though its market depth and variety could be a little better.
|Sportsbook Name||Bonus Offer||Partner||Launch Date|
|William Hill||Risk free bet up to $2021||Caesars Entertainment||2/3/21|
|FanDuel||$1000 risk-free bet||Washington Football Team||1/21/21|
|DraftKings||Five $5 free bets + 20% deposit match bonus up to $1000||N/A||1/24/21|
|BetRivers||100% deposit match bonus up to $250||Portsmouth, VA casino||1/27/21|
|BetMGM||$600 risk-free bet||N/A||1/27/21|
|PointsBet||$2000 in 2 risk-free bets||N/A||Coming Soon|
Virginia’s sports betting legislation has made placing an online wager quick and easy.
First, choose your sportsbook among the many that will launch sometime in the near future. To do this, either visit the Apple App Store and download the apps straight to your iPhone device or visit the sportsbook’s online website and download the program to your Android device. The Google Play Store doesn’t allow any gambling apps at all.
After downloading the app, open it to begin the registration process.
Registering for a mobile sportsbook account will be simple. You do not need to visit a retail location in-person to complete the registration process (because Virginia doesn’t have any retail casinos anyway).
Provide your name, address, Social Security Number, and any other required pieces of information. The app will verify your info for a moment, then allow you into the app if you are older than 21 years old and in Virginia. The app will install geolocation software to make sure you are accessing the app within Virginia’s borders.
Most mobile sportsbooks allow you to utilize multiple deposit methods to fund your sports betting account. Most allow some combination of credit and debit card deposits, bank transfers, and electronic wallet transfers.
Simply choose the method you want to use and connect that method to your account. This may require signing into your deposit method of choice – for example, if you want to use PayPal, you may need to use your PayPal username and password to link that account to your sportsbook.
Then you can decide how much money you want to place in your account. This will allow you to take advantage of many sportsbooks’ opening bonuses based on their terms and conditions.
Once your account is funded, you can navigate through the app as you like and start placing wagers! Be sure to take advantage of any opening bonuses that might apply to your account. These include deposit match bonuses, risk-free bets, and more.
Ultimately, Virginia’s legal sportsbooks are far superior to any illegal or offshore betting sites.
For starters, every Virginian sportsbook is licensed and regulated by the Virginia Lottery. This overseeing body performs regular investigations into all the sportsbooks within Virginia’s borders and makes sure that any operating sportsbook has excellent digital security to protect the financial data of its users.
Internet security is particularly important because identity theft and other cyber threats are much more common these days. In contrast, offshore or illegal sites usually don’t have high-quality security, let alone basic SSL certification. This means anyone who uses those sites puts their personal information and financial data at risk.
All licensed sportsbooks in Virginia must both have insurance for their users and must report their winnings to the state government and IRS. This does mean that you’ll need to pay taxes on any winnings you get from using a Virginia sportsbook. But it’s a small price to pay for security and peace of mind.
It’s tough to say just how much revenue Virginia’s state government can expect once sports betting fully launches and gets going. However, certain studies have indicated that mobile sports betting revenue alone might approach $400 million over the next seven years or so.
When you consider the fact that Virginia is also launching retail casinos (which will incorporate their own brick-and-mortar sportsbooks), it’s clear that the Virginian state government has a lot to look forward to in terms of revenue.
The industry as a whole is set to explode. The more the market opens and develops, the more promotional opportunities and licensing deals will flood the state.
Per Virginia’s sports betting legislation, a 12% tax rate will apply to most sports betting revenue. For example, if the state generates (according to the above study) $462 million in annual revenue, the state government will receive around $55 million in taxes.
Mobile alone may generate close to $400 million in revenue and, therefore, also generate $40 million in taxes for the Virginian government. All in all, it’s likely that the government will appreciate its decision to legalize sports betting very soon.
Although Virginia has been relatively barren in terms of gambling opportunity in recent years, its sports betting legislation is pretty similar to the rules adopted by other states, like New Jersey. For example, Virginia’s sports betting restriction against betting on collegiate teams from its own universities is identical to the laws adopted by New Jersey sportsbooks.
In contrast, Pennsylvania doesn’t have any restrictions on collegiate sports betting, which goes to show that individual states have clearly different opinions about what constitutes moral sports wagering.
Furthermore, there are states that have adopted sports betting without allowing casinos to be built. For instance, Tennessee now allows sports betting but does not allow either casinos or poker. In contrast, Virginia will allow retail casinos to be built across five cities (with more potentially being built in the future).
In summary, Virginia is around the middle of the pack in terms of gambling opportunities and freedom. Once the state government sees the extra income earned from sports betting, further restrictions may eventually be lifted.
So far, Virginia’s big sports betting success has undoubtedly been the launch of online sports wagering before the retail casinos are constructed. Because building a new casino or resort takes a few years at a minimum, Virginian residents are no doubt relieved that they’ll still be able to enjoy mobile sports betting before those brick-and-mortar locations are ready to be visited.
Furthermore, Virginia’s Lottery performed rather impressively when it came to creating the rules and regulations for sports betting. In just a few months, sports betting went from illegal in Virginia to fully licensed and regulated.
The Lottery began accepting applications on October 15, 2020, and finished accepting applications by Halloween. In total, eighteen sportsbooks are set to launch over the next few years when you combine online sites and retail operations. About 25 companies applied for licenses.
In other words, Virginia’s sports betting scene is so far impressive due to its speed. Few states have launched sports betting as successfully and efficiently.
This being said, Virginia could definitely improve its online gambling sphere by also legalizing online casino games and other activities like poker. For legal online gambling, Virginia bettors will need to travel to West Virginia.
For now, the only online gambling activity is sports betting (and daily fantasy sports, which technically doesn’t count as gambling). Even the state lottery must be played in person, preventing people from purchasing lottery tickets online.
However, it may be that Virginia legislators are looking to see how sports betting fully actualizes over the next few years before lifting the restriction on other forms of gambling. Hopefully, we’ll see many more gambling opportunities launch over the next decade.
Virginia could also make sports betting more accessible by allowing bets on local college teams, particularly in a state that doesn’t have any professional teams to officially call its own.
The path to sports betting legalization in Virginia was long and hard-fought. Although the federal ban on sports gambling was lifted in May 2018, it took until 2019 for Virginian lawmakers to even begin debating sports betting proposals.
Then it took the rest of 2019 to reach an agreement. By April 2020, the Virginia House and Senate crafted a pair of bills outlining sports betting rules and restrictions. Both bills faced a little pushback from Governor Ralph Northam, who made a number of unspecified changes.
Fortunately, Northam did not stand in the way of progress and allowed both bills to pass the House and Senate. He then signed off on the final bills and set the date for legalization: July 1, 2020.
It’s likely that Northam was responsible for the two-month waiting period before official sports betting processes could begin. This allowed the weeks between July 15 and September 15 to be allocated to the Virginia Lottery, which then wrote detailed sports betting regulations.
Virginia residents have long dreamed of online sports betting coming to their state in large part because many of them are sports fanatics! Interestingly, Virginia doesn’t have a professional sports franchise of national repute.
However, Virginia is the state that most Washington DC professional sports teams call home. For instance, both the Washington Football Team and Washington Capitals (an NHL team) have their practice facilities and corporate headquarters stationed in Northern Virginia. This is even though both teams play outside of Virginia.
Thus, sports bettors would be wise to place wagers and look for promotional opportunities for the Washington Football Team. As a five-time NFL champion, this team is definitely one to watch, particularly when they face off against the Dallas Cowboys (their primary rival). Virginia bettors will also be able to place bets on the Baltimore Ravens and all other NFL teams.
But sports bettors should also check out the Washington Wizards, which is the closest professional NBA team for most Virginians to support. Games against the Cleveland Cavaliers are sure to be accompanied by excellent wagers and promotional opportunities due to the long-standing rivalry between both teams.
Other popular professional teams available for betting include the Washington Nationals, and the Baltimore Orioles. The Nationals have risen to prominence in the last few years and the Orioles have a strong rivalry with both the Yankees and the Red Sox.
While many Virginians love college sports, Virginia’s recent sports betting legislation has unfortunately placed severe limitations on college sports betting.
In fact, it will not be legal to place sports bets on Virginia college sports within the state. Instead, Virginia residents will only be allowed to place bets on college sports teams in other states (with the exceptions of proposition bets and live betting, which are still prohibited).
This is likely a big bummer for sports betting enthusiasts, as Virginia Tech and Virginia State University are two of the country’s leading teams for college football and basketball. But while Virginia sports bettors won’t be able to place wagers on the Virginia Cavaliers, Tech Hokies, or Liberty Flames, there are still lots of other options to bet on using the plethora of soon-to-launch sports betting apps. This includes being able to bet on the Georgetown Hoyas, the Maryland Terrapins, and the Gonzaga Bulldogs, all popular local college basketball teams.
Aside from professional sports, Virginian sports bettors will likely be able to find and enjoy lots of excellent betting markets for activities like NASCAR: arguably the most popular non-ball-sport activity in the state. This is probably because Virginia is home to four different annual NASCAR races in the NASCAR Cup Series.
Additional races to look for high-value wagers and betting markets include:
Yes. As of July 1, 2020, online sports betting is legal provided it is done on a licensed app currently regulated by the Virginia Lottery. The first sports betting app launched on January 21, 2021.
You must be 21 years of age or older to bet online within Virginia’s borders. This is the same age for the state lottery.
The Virginia Lottery regulates all online sportsbook activity. In addition, this organization will oversee retail sportsbook operations once they launch at brick-and-mortar casinos throughout Virginian cities.
No. Any Virginia mobile sportsbook will request your address and install geolocation software as the app installs. This requires you to be within Virginia’s borders when placing a wager or using a mobile sportsbook. You do not need to be a resident of Virginia, just located within its borders.
Yes. Mobile sportsbooks currently (or soon to be) operating in Virginia are licensed and regulated by the Lottery. This means that the Lottery investigated the operator and found that they had both excellent digital security, such as SSL certification, and insurance to protect its users in the event of fraud or theft.
In other words, any legal online sportsbooks are well-vetted and should be safe to use. If you have any issues, you can bring a grievance to the Virginia Lottery and they will investigate on your behalf.
Yes and no. You are not allowed to place any sports wagers on Virginian college teams, like the Virginia Tech Hokies, regardless of league. However, you can place college sports bets on out-of-state college teams so long as they are not playing against a Virginia team. There is also a general prohibition against placing live bets or proposition bets on college sports.