Sports Betting in Virginia

Licensed Sportsbooks

State-licensed regulated sportsbooks. Operator tax rate: 15%. Online betting legal since 2021.

DraftKings★ 4.9

Same-game parlaysDFS integration

Hard Rock Bet★ 4.9

Flash Drops rewardsTiered progression

FanDuel★ 4.8

Cash outLive in-play betting

BetMGM★ 4.8

Parlay builderCustom odds

Fanatics★ 4.8

FanCash rewardsFast signup

theScore★ 4.8

Integrated mediaStats-driven

BetRivers★ 4.8

Prop CentralEarly cashout

Bet365★ 4.8

40+ sportsEarly payouts

Caesars★ 4.7

Caesars RewardsProfit boosts

Bally Bet★ 4.7

Unified walletCasino integration

Betly★ 4.4

Tribal operatorHard-to-find markets

Prediction Markets

Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks.

Kalshi★ 4.9

CFTC-regulatedSports event contractsLive trading

Polymarket US★ 4.6

CFTC-regulatedFully collateralizedNo margin or leverage

Robinhood★ 4.7

Powered by Kalshi0% commission50-state availability

FanDuel Predicts★ 4.6

CFTC-regulated50-state availabilitySports contracts in 18 states

DraftKings Predictions★ 4.6

CFTC-regulated38-state availabilitySports contracts in 17 states

Crypto.com Event Contracts★ 4.5

CFTC-regulated10 major sportsUSD + crypto deposits

Peer-to-Peer Sweepstakes Exchanges

Dual-currency model. Trade directly against other users instead of against a sportsbook.

Fliff★ 4.6

Social sportsbookDual-currency (Fliff Coins + Cash)Largest US sweepstakes operator

Rebet★ 4.4

Social sportsbookDual-currencyMobile-first

ProphetX★ 4.7

Peer-to-peer exchangeDual-currency model~3% commission

Novig★ 4.8

Peer-to-peer exchangeNo vigReal-money sweepstakes

Legal Status

Up to 12 online licenses. Professional sports teams get preferred licensing consideration.

Online sports betting has been legal in Virginia since 2021.

Tax Information

15% on operator revenue.

College Betting Restrictions

No in-state college bets. No college player props.

Legislative Timeline

1. May 2018
   PASPA struck down by SCOTUS
2. April 2020
   Sports betting legalized

   Online-only model — no in-state retail sportsbooks authorized initially.

3. January 2021
   Online sports betting launches
4. 2024-2026
   Market expansion

   Grows to ~12 licensed online operators.

How DawBets Helps Virginia Bettors

DawBets compares odds across every sportsbook available in Virginia in real time. Instead of checking each app individually, see all prices side-by-side and always place your bet at the best available line.

Frequently asked questions