Virginia sports betting is here, although, the number of sportsbooks is limited. However, DraftKings was one of the first to market.
In DraftKings Sportsbook, you can monitor that potential value of your wager — which fluctuates as lines adjust for in-game events — and jump off at any point in time you feel is particularly advantageous. A click on the Cash Out button that appears on every open betting ticket is all it takes. DraftKings rolled out its online and mobile sportsbook in the state of Michigan on Jan. States like Virginia and Michigan have already legalized online sports betting and many other states in.
Below, we have a guide to help residents and visitors to the Commonwealth navigate the DraftKings Sportsbook app. Check out tips on creating an account, depositing and withdrawing funds, and selecting sports to bet on.
Virginia Sports Betting DraftKings bonus offer
In jurisdictions where DraftKings is live across the US, there are several odds boosts, bonuses, and promotions.
When you sign-up with DraftKings in Virginia with the link above, you can also expect a Virginia-specific offer that focuses on the Washington Wizards.
Double your money if the Wizards hit a 3-pointer vs. the Atlanta Hawks on Jan. 29 @ 7 p.m. ET.
However, there are a few requirements:
- This is for first-time depositors only.
- Make a $5+ deposit into your sportsbook account.
- Bet must be placed before tipoff.
- Max bet of $50.
- One bet per user.
- This bet excludes live bets, parlays, free bets, cash out bets, and voided bets.
Once you make a deposit, you will be issued one single-use odds boost (+100) for ‘over 0.5 3-pointers made by the Wizards.’
Creating a DraftKings Sportsbook account for Virginia online betting
When creating a sports betting account anywhere in the US, where online sports betting is legal, you will be asked to provide the same private information. This goes for any sports betting operator you choose.
Download the DraftKings Sportsbook app for iOS or Android and follow the “create account” steps.
Some of the information you might be asked to provide include:
- Full name
- Last 4-digits of your social security
- Date of birth
- Address and zip code
- phone
Remember, this is standard across the board. There isn’t an online sportsbook in the US that won’t ask you to provide some combination of the above information.
Lastly, you will be asked to create a username and a secure password.
How to deposit and withdraw funds at DraftKings Sportsbook Virginia
After you create an account (but before you start betting) you will need to add money to your newly create sports betting account.
Much like other online accounts such as Amazon or iTunes, you will need to move money from your personal bank account to your betting account to begin placing bets.
DraftKings Sportsbook makes this process easy by providing multiple avenues to transfer money.
Some of the easiest include:
- Credit/debit card
- online bank transfer
- Paypal/Skrill
- E-check
- Wire transfer
Draftkings also allows you to withdraw your money at any time. You can select the “withdraw” function by first accessing your profile on the top left of the home screen. Click withdraw and follow the instruction on the screen.
Withdraw options below include the number of days it takes to receive your money and the minimum amount you can take out:
- Paypal:3-5 days w/ $1 minimum
- Check:7-14 days w/ $15 minimum
- Online banking:3-5 days w/ NO minimum
Placing bets with DraftKings for online sports betting in Virginia
You have an account. You have money in your account. You are now ready to place bets.
First off, there are a number of traditional bets you can choose from, such as:
How To Cash Out Draftkings Sportsbook App
- Moneyline
- Parlay bets
- Point Spread
- Over/Under
- In-game bets
- Futures
In-game bets or “live-wagers” take place once a game or match has already started. These vary depending on the sport. But, they can range from the next player to score a touchdown, or which team will score the next basket, the Wizards or the Hawks.
Additionally, futures bets are wagers on the things like the 2021 World Series Champion or the 2021 Stanley Cup MVP.
Of course, professional football is coming to a close, but Super Bowl LV is two weeks away. Other professional sports leagues like the NHL, NBA, and college basketball are in full swing.
Other sports you can bet on include:
- Golf
- Tennis
- MMA/boxing
- Baseball
- Hockey
- Football
- Basketball
Online sports betting on Virginia area teams
Unfortunately, state law prohibits betting on Virginia collegiate teams. This means you won’t be able to place bets on teams like the Virginia Cavaliers, Virginia Tech Hokies or Richmond Spiders.
Virginia also lacks a professional sports franchise. However, there are a number of pro-sports teams nearby to place wagers on.
These include:
- Washington Wizards (NBA)
- Washington Nationals (MLB)
- Washington Capitals (NHL)
- Washington Football Team (NFL)
- Carolina Panthers (NFL)
- Carolina Hurricane (NHL)
- Charlotte Hornets (NBA)
Cash Out Draftkings Sportsbook Picks
Choose any combination of sport, team, and bet, choose the amount you want to wager, and press “bet.” You can find a list of bets you place under the “My Bets” tab at the bottom of the screen. Then kick back and enjoy the game.