Virginia sports betting was legalized in 2020. However, online sports betting has been given priority over retail betting.
Do you want to learn more about sports betting in Virginia? In this detailed guide, we will cover everything you need to know about Virginia sports betting. This will include reviewing our 5 most recommended offshore sportsbooks, so you can find the perfect betting site.
The Best Virginia Sports Betting Sites List 2022
It’s now time to reveal the 5 best Virginia sports betting sites for 2022:
- BetOnline – Best overall Virginia sports betting site 2022
- Bovada – Virginia sportsbook renowned for Bitcoin promos
- MyBookie – Best of the Virginia sports betting apps
- BetUS – Virginia sports betting site with the most generous welcome bonus
- XBet – Best new Virginia sports betting site
- Intertops – One of the best sites for offshore betting odds
- Sportsbetting.ag – Cracking site for placing soccer wagers
- BetNow – Established sportsbook in VA
- GT Bets – Excellent sports betting platform for fast payouts
- BUSR – Excellent sportsbook in Virginia for beginners
Is Sports Betting Legal in Virginia?
Sports betting in Virginia is legal, however, it is currently restricted to online. The Virginia General Assembly accepted Governor Ralph Northam’s amendments to HB896/SB384, and sports betting went live in January 2021.
Currently, punters can’t place bets on Virginia college sports. In addition, all in-game betting on college sports is prohibited. Sports bettors, however, have access to a wide range of markets, which will advertise all the latest odds for many sports, including NBA, NHL, NFL, and soccer.
In-person sports betting was also legalized, but there are plans to open more casinos in Virginia’s biggest cities – Norfolk, Bristol, Richmond, Danville, and Portsmouth. Retail betting could take off once these casinos are fully launched.
You can sign up to any of the sportsbooks we have referred to in this guide, claim the welcome bonus, and start betting without any worries.
Surprisingly, online betting in Virginia was given the nod ahead of retail betting. There are currently eight licensed sportsbooks in the Old Dominion, and each sports betting operator will have the best sports betting apps. These are:
- FanDuel Virginia
- DraftKings Virginia
- BetMGM Virginia
- Caesars Virginia
- BetRivers Virginia
- WynnBET Virginia
- Unibet Virginia
- Barstool Virginia
Other sportsbook hopefuls are in the queue, while many have already received approval. It is thought there could well be more launches in the coming months. You have to be at least 21 years to bet online, and the Virginia Lottery sports betting department monitors all gambling activities. Virginia has a relative competitive system, compared to other markets, such as Washington DC which has a virtual lottery monopoly.
Land-based betting in Virginia
Unlike some of its neighbouring states, VA had almost no gambling locations before sports betting in Virginia was approved. At the moment, there are no land-based sportsbooks offering sports betting. Four establishments are currently being built, and they are expected to be ready to open between 2022 and 2023. These are as follows:
- Hard Rock Bristol Resort and Casino – Opening 2022
- Norfolk Resort Casino – Opening 2022
- Horseshoe Danville – Opening 2022
- Rivers Casino Portsmouth – Opening 2023
Horse Racing & Off Track Betting
Even though horse racing was historically a popular sport in the US, Virginia was one of the last states to legalize wagering on races. As a result, it currently has just one licensed racetrack, which is called Colonial Downs. This multi-functional track features both thoroughbred and harness racing.
Today, you can bet on four licensed OTB (Off-Track Betting) sites across VA:
- Breakers Sports Grille, Henrico County
- Ponies & Pints, Richmond
- Buckets Bar & Grill, Chesapeake
- The Windmill OTB Sports Grill, Collinsville
With a shortage of OTB locations, most Virginia betting is carried out online at sites, such as TwinSpires or TVG, which accepts ADWs (Advance-Deposit Wagers).
Virginia Sports Betting Legislation Timeline
Just like many other US states, there were plenty of roadblocks, delays and opposition before Virginia sports betting was given the green light. Let’s chart some of the key moments that helped bring about legal sports betting in Virginia:
- June 2018: Virginia legalized horse racing machines, which are digital machines used to wager on prestigious races.
- April 2019: Colonial Downs, Virginia’s only thoroughbred horse racing track, began holding live races again after a 6-year closure.
- March 2020: The Virginia legislature voted to allow casino to be built in 5 cities that fulfilled criteria relating to poverty and population loss. All eligible cities would be required to hold a referendum before moving forward with opening casinos.
- April 2020: The Virginia legislature legalized Virginia online sports betting.
- November 2020: Voters in Norfolk, Bristol, Danville, and Portsmouth give their consent for casinos to open in these cities in four separate referendums. Casinos are expected to open in 2023.
- January 2021: Legal sports betting in Virginia goes live, with FanDuel, DraftKings, BetMGM, and BetRivers opened up to VA bettors.
- November 2021: Voters in Richmond are allowed to decide whether Virginia should open up a fifth casino.
Virginia Offshore Betting
Offshore sites offering sports betting in Virginia are a great alternative to the limited number of sportsbooks in Virginia. Casinos and offshore sportsbooks will usually be based in a foreign country, such as Panama and Curacao.
This is why we created the Virginia sports betting page. We have listed the top 10 offshore sites, and the ones we have outlined, are all secure to play at. These sites have established a reputation for providing fast payouts, as well as ensuring a high level of customer support.
As you will see, there are plenty of excellent offshore options for online betting in Virginia.
Virginia Daily Fantasy Sports
Virginia became the first state in the country in 2016 to permit legalized wagering on DFS (Daily Fantasy Sports).
Bettors now have a choice of several platforms where to place wagers on DFS. This includes Monkey Knife Fight and Virginia Daily Fantasy.
Virginia Casino Laws
Until recent casino legislation passed, Virginia was one of the few states without a commercial or tribal casino. It is likely that when the casino laws are rubber stamped, the state will be limited to having just land-based casinos.
Land Based Casinos
In 2019, Virginia’s legislators approved a law that will introduce a limited number of land-based casinos across the state. It is expected that five are planning on being built, but at the moment, only four have been approved. The fifth casino is expected to be built in Richmond, but that will be dependent on the recent referendum held.
The four approved new casinos will be built in Bristol, Danville, Norfolk, and Portsmouth. The Bristol casino will be run by the Seminole Tribe, which also controls several Florida casinos.
As things stand, there are no plans to introduce online casinos to Virginia. So, it will be impossible for an online casino operator to obtain a Virginia operating license.
Nevertheless, residents looking to get their fix can sign up to an offshore casino account. Here, you will find some of the best bonuses, as well as a wide range of games to tuck into.
Virginia Gambling Taxes
Tax rules in Virginia broadly follows rules across the US. All residents will have to pay a combination of federal and state taxes on any winnings. Federal taxes are capped at 24% on any winnings that pass a certain threshold.
Virginia State gambling taxes will normally vary between 2% and 5% plus a potential fixed sum of up to $720. However, you can’t offset gambling losses against other income to reduce your taxes if you lose money while betting on sports.
Best Virginia Sports Betting Sites Reviewed
We’ve now reached that point where it is time to review the 5 best Virginia sports betting sites so let’s see what each one has to offer:
1. BetOnline – Best overall Virginia sports betting site 2022
BetOnline warrants its place at the top of the list for best Virginia sports betting sites. It is also one of the longest-running sites, as it was founded in 2021. And we can see the attraction. At BetOnline, you can wager on a huge range of sports, and with extremely generous promotions, and speedy payouts, then what’s there not to like!
With over 20 sports markets available, you will also be able to place many different types of bets, including Moneyline wagers and spread wagers.
BetOnline is also one of the most user-friendly offshore sportsbooks on the market. The lobby is very inviting, and there is a dedicated section for live bets. Also, it is very easy to compile as well as edit bets.
While the promotion is not as big as other sites, it’s still worth checking out. BetOnline’s welcome offer gives players a 50% deposit match bonus of up to $1,000. It comes with a 30-day limit, a 10x wagering requirement, and you must bet on odds of -200 or greater. To redeem this offer, you must use the BetOnline promo code BOL1000.
- Extensive range of sports markets
- User-friendly platform
- 24/7 live chat support
- Good variety of payment methods
- Fees on some withdrawal options
2. Bovada - Virginia sportsbook renowned for Bitcoin promos
Bovada is one of the largest Virginia sports betting sites around. It is also perhaps one of the most versatile sportsbooks around, offering over 20 sports markets, as well as a good selection of eSports. You can take part in the live action, as Bovada has an in-play betting facility, and there is an excellent streaming service that captures match in HD quality.
Aside from that, Bovada is renowned for being one of the best Virginia betting apps. The platform has a dedicated iOS and Android app, which is highly responsive and you will get the same access to the markets as you would using the desktop version.
And if you are after a Virginia sports betting site with a great range of promotions, then you have arrived at the right place. Bovada is one of the best Bitcoin betting sites. Cryptocurrency users can claim a 75% deposit match of up to $750, which is one of the largest we have come across. The minimum odds requirement is -200, and this comes with a 5X rollover. You will only be able to deposit with a handful of cryptocurrencies, including Bitcoin and Litecoin. Remember, you will need to use the Bovada promo code BTCSWB750 to claim your Bovada welcome bonus today.
- Live streaming available
- Great selection of eSports
- Superb for Virginia mobile sports betting
- Supports over 20 sports markets
- No teasers or if-bets available
3. MyBookie - Best of the Virginia sports betting apps
MyBookie is also another popular Virginia sports betting platform, and one of the things that stands out, is the quality of its app. Thanks to the intuitive platform, you can use your iOS or Apple device to compile teaser bets, and editing wagers is also straightforward. Therefore, sports betting in Virginia is made easy.
If you are into eSports, you will find just what you are looking for at MyBookie. You will be able to locate all the latest odds for CS:GO and Overwatch tournaments. Aside from Moneyline betting, MyBookie also offers futures betting and prop style bets for major eSports fixtures.
While we didn't rank MyBookie as the best sportsbook in Virginia, it can't be faulted in the promotions department. Bettors can claim a welcome bonus consisting of a 100% deposit match of up to $1,000 if they sign up to the site. There is a 10x wagering requirement, with minimum odds of -250. To redeem this, you will need to enter the MyBookie promo code INSIDERS when prompted.
- Great cryptocurrency bonuses
- One of the best Virginia sportsbooks for mobile betting
- Favorable but competitive odds
- Easy to compile teaser bets
- Best promotions require Bitcoin deposits
4. BetUS - Virginia sports betting site with the most generous welcome bonus
When it comes to Virginia online sports betting, BetUS has a good track record. Founded in 1994, it is an established Virginia sports betting site. You can wager on a vaster amount of sports, ranging from football and basketball to hockey and baseball. There is also coverage of niche sports, such as table tennis, so there is something for everyone at BetUS.
The welcome bonus is also so good that we could have just done a review on this. Anyway, the flagship promotion is the welcome bonus, in which you be rewarded with a 125% deposit match bonus up to a whopping $2,500. You can claim the BetUS promo code by entering JOIN125. With all the bonus cash available, you will be able to exhaust all the markets. There are over 20 sports markets, and for those looking for something more quirky, there are also politics and speciality markets that advertise competitive odds.
Another thing that we like about BetUS, is the news and analysis sections, so you will be on top of the breaking Virginia sports betting news when using this VA sportsbook.
- Largest welcome bonus offering
- Excellent and responsive customer service
- Great live betting options
- Latest sports betting news posted
- Only 14 days to use the welcome bonus
5. XBet - Best new Virginia sports betting site
XBet may be one of the new kids on the block, but it thoroughly merits its place on our list of best sites for betting in Virginia. If you're a fan of horse racing, then XBet is the perfect place. You will be able to make both pre-race and in-horse racing bets, and you will be rewarded with up to 7% rebates. You can also bet on international races, including the UK and Australia.
Beyond horse racing, XBet provides markets for over 20 other sports, including baseball, basketball, and hockey. XBet is also one of the most versatile sites around, as you can wager on a range of futures across multiple sports leagues. For example, you can bet on who will be crowned winners of the AFC and NFC divisions in the NFL.
Although the welcome bonus is the smallest on this list of recommended VA sportsbooks, you won't want to turn your nose up at it. Here, you can claim a 100% deposit match bonus of up to $500, and it comes with a 7X rollover requirement. To activate the promotion, you will need to enter the code XB100 at the cashier.
- User-friendly site
- Up to 7% rebate on horses
- Quick cryptocurrency payouts
- 24/7 live chat support
- Welcome bonus smaller compared to other sites
Virginia Betting Sites Comparison
To help you decide which Virginia sports betting site is right for you, we've put together a handy comparison table, highlighting the bonuses offered and sports markets available:
|Sportsbook||Bonus||Promo code||Available Markets||Live Streaming (Y/N)||Payment methods|
|BetOnline||100% deposit match up to $1,000||BOL1000||20||No||Credit card, debit card, Skrill, Neteller, wire transfer, money order, Bitcoin
|Bovada||100% Bitcoin deposit match up to $1,000||BVD1000||22||Yes||Credit card, debit card, MatchPay, Zelle, Bitcoin, Bitcoin Cash, Litecoin
|MyBookie||100% deposit match up to $1,000||INSIDERS||18||No||Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash, Ripple, Ethereum
|BetUS||125% deposit match up to $2,500||JOIN125||22||No||Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Credit card, debit card
|XBet||100% matched deposit up to $500||XB100||21||No||Bitcoin, Bitcoin Cash, Litecoin, Credit card, debit card
How to Bet on Sports in Virginia
This section is dedicated to anyone who has never bet using a Virginia bookmaker. So, let's show you how this can be done, using BetOnline. We will show you how to register an account, deposit funds, and place your first sports bet:
Step 1: Register an XBet account
Head over to the sportsbook's website, and click on the 'Join Now' button.
Step 2: Enter Your Details
Here, you will need to supply your name and other personal details, such as an address, and email on the registration form. You will have to follow the on-screen instructions to complete the form.
Step 3: Verify Your Email
Before you can deposit funds, you will need to verify your email address. Someone from the BetOnline team will send you a verification link via email. Click on the link to complete this step.
Step 4: Make a Deposit
Step 5: Place a Sports Bet
With the funds now safely stored in your account, you will be ready to place your first bet. Select 'Sports' or 'Live Betting' to view the different sports and markets available. When you find the market you are looking for, click on the market and enter the value of your wager. Click 'Confirm Bet' to place your first sports bet.
Virginia sports betting is beginning to make an impact after launching earlier this year. And with more betting sites on the way, you'll have a fun time playing there. Virginia is one of the more liberal states when it comes to sports betting, and the sites we have recommended in this guide give you bang for your buck.
If you're eager to get started, sign up to BetOnline today, and claim your 50% welcome sports bonus worth up to $1,000.
Is sports betting legal in Virginia?
Can I bet on sports online in Virginia?
What betting apps are in Virginia?
What is the best betting site for Virginia residents?
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