Sports Betting in Virginia

Yes, sports betting is legal in Virginia, but it's important to note that there are age restrictions for participating. To legally participate in Virginia sports betting, you must be at least 21 years old. This applies to both online and in-person betting.

The Virginia Lottery Board oversees sports betting in the state and is responsible for enforcing the age restrictions. So if you're under 21, unfortunately, you won't be able to legally participate in Virginia online gambling.

If you're unsure about your eligibility, make sure to verify your age with the sportsbook or gambling app you plan to use before placing any bets.

The Virginia Lottery USA is the state agency responsible for overseeing all gambling activities, including sports betting, in the Commonwealth of Virginia. The Virginia Lottery was established in 1987, and it's been responsible for generating billions of dollars in revenue for the state ever since.

As of 2021, the Virginia Lottery is responsible for regulating and licensing all sportsbooks and gambling apps operating in the state. They ensure that all operators are adhering to the latest regulations and working to prevent problem gambling. Additionally, the Virginia Lottery USA is responsible for collecting and distributing all gambling taxes, which go towards funding public education, public safety, and other important state programs.

Are Taxes Applied to Winnings from Online Sports Betting in Virginia?

Yes, taxes are applied to winnings from online sports betting in Virginia. All gambling winnings in Virginia, including sports betting winnings, are subject to both state and federal taxes.

The tax rate for gambling winnings in Virginia is 5.75%, and it applies to all winnings over $600. Any winnings under $600 are still subject to federal income taxes, but they're not subject to the state tax.

It's important to note that sports betting operators are required to report all winnings over $1,200 to the IRS, and they'll issue a W-2G tax form to the winner. This form reports the total amount of winnings and taxes withheld, which must be reported on the winner's income tax return.

In this section, we'll be breaking down the top Virginia online sportsbooks, from well-known industry giants to up-and-coming contenders.

Whether you're looking for a sleek and user-friendly platform or the best odds on the market, we've got you covered. Get ready to explore the top Virginia sportsbooks, including big names like BetMGM Virginia, DraftKings VA, and PointsBet Virginia, as well as newcomers like Barstool Sportsbook Virginia and Hard Rock Sportsbook Virginia.

So, let's dive in and see which VA sportsbooks are leading the pack and offering the most exciting and lucrative sports betting opportunities for you.

BetMGM is one of the most well-known names in the sports betting industry, and for good reason. They offer a wide range of sports markets and betting options, as well as competitive odds and a user-friendly platform. With a generous welcome bonus for new users and a loyalty program for frequent bettors, BetMGM is a great choice for all types of sports bettors in Virginia.

DraftKings is another major player in the sports betting world, and they've quickly established themselves as a go-to choice for Virginia sports bettors. They offer a sleek and intuitive platform with a wide variety of sports markets and betting options. DraftKings is also known for its innovative features, such as live streaming and in-play betting, which add an extra level of excitement to the sports betting experience.

PointsBet is a newer sportsbook to the Virginia market, but it's quickly making a name for itself as a top pick for sports bettors. They offer unique features such as PointsBetting, which allows bettors to win more money if their bet wins by a larger margin. PointsBet also offers a range of sports markets and betting options, as well as a user-friendly platform.

Barstool Sportsbook is a newer sportsbook in Virginia, but it's backed by the popular sports and pop culture media brand Barstool Sports. They offer a sleek and user-friendly platform, as well as a range of sports markets and betting options. Barstool Sportsbook is also known for its fun and engaging promotions and bonuses, making it a great choice for sports bettors who want a little extra excitement.

Hard Rock Sportsbook is another new player in the Virginia sports betting market, but they're already making waves with their generous welcome bonus and loyalty program. They offer a range of sports markets and betting options, as well as competitive odds and a user-friendly platform. With the backing of the well-known Hard Rock brand, this sportsbook is quickly becoming a popular choice for Virginia sports bettors.

This section has got you covered with a comprehensive breakdown of the top Virginia sports betting apps that you can access from your mobile device.

Whether you prefer iOS or Android, we've rounded up the best VA sports betting apps, including popular choices like Caesars Sportsbook App, WynnBET Sportsbook App, FanDuel Sportsbook App, and BetRivers Sportsbook App.

The Caesars Sportsbook app is a popular choice for Virginia sports bettors, offering a user-friendly platform and a wide variety of sports markets and betting options. They also offer frequent promotions and bonuses for both new and existing users, as well as a loyalty program that rewards frequent bettors.

WynnBET is a newer sports betting app in Virginia, but it's quickly making a name for itself as a top choice. They offer a sleek and intuitive platform with a wide range of sports markets and betting options, as well as unique features like Boosted Bets and Wynn Rewards. WynnBET also offers a generous welcome bonus for new users and a loyalty program for frequent bettors.

FanDuel is a well-known name in the sports betting industry, and their app is a top pick for Virginia sports bettors. They offer a user-friendly platform and a wide range of sports markets and betting options, as well as innovative features like live streaming and in-play betting. FanDuel also offers frequent promotions and bonuses for both new and existing users, as well as a loyalty program for frequent bettors.

BetRivers is another top Virginia sports betting app, offering a wide range of sports markets and betting options as well as a sleek and user-friendly platform. They also offer a variety of promotions and bonuses for both new and existing users, as well as a loyalty program for frequent bettors. BetRivers is also known for its competitive odds and fast and reliable payment processing.

If you're looking to get the most out of your sports betting experience in Virginia, you'll want to take advantage of the many sportsbook promos available. From welcome bonuses to free bets to daily and weekly promotions, Virginia sportsbooks are always offering exciting opportunities to boost your winnings and get more bang for your buck.

For example:

When it comes to sports betting in Virginia, there are a wide variety of sports and markets to choose from. However, some sports tend to be more popular than others, and they attract the most action from sports bettors.

In this section, we'll be breaking down the most popular sports to bet on at Virginia online sportsbooks. From the NFL to the NBA to college sports, these are the sports that attract the most bets and offer the most exciting and lucrative betting opportunities.

When it comes to betting on sports online in Virginia, it's important to have a reliable and convenient way to make deposits and withdrawals. That's why the most popular Virginia online sportsbooks accept a wide range of payment methods, including: