Is Bovada Legal to Bet on From Virginia?
While Bovada is legal to bet on from the commonwealth of Virginia, BetOnline offers much better signup bonuses (max bonus $1000 compared to $250 for Bovada), better lines including a dime line up to -190 in Major League Baseball, and lightning fast payouts, not to mention they have the best credit card acceptance rate in the industry. BetOnline accepts Mastercard, Visa, American Express and Discover cards. BetOnline will never ask for your social security number.
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On Tuesday September 15, 2020, the Virginia Lottery Commission approved sports wagering regulations. They include a Sports Betting Consumer Protection Program that incorporates a Bettors' Bill of Rights. As part of the regulations and Bettors’ Bill of Rights, gaming operators are required to provide for a wager “the amount wagered on the bet” and “the odds at which the wager is offered.”
Virginia sports bet winnings that exceed $600 are subject to a 24% federal tax when betting with an in-state app. At the state level, rates range from 2% - 5.75% based on winnings.
Virginia regulated sports betting apps prohibit wagering on in-state schools. Bovada, BetOnline and many other books do take bets on Virginia schools via browser-based websites.
Bets on the NFL Draft, politics, many novelties, eSports and awards shows are also prohibited with the in-state apps. Online casino gambling is also not available.
The following are Virginia in-state licensed apps:
DraftKings Sportsbook App. ...
BetMGM Sportsbook App. ...
BetRivers Sportsbook App. ...
FanDuel Sportsbook App. ...
PointsBet Sportsbook App. ...
Unibet Sportsbook App. ...
WynnBet Virginia. ...
FoxBet Sportsbook App (Coming soon)
- Gilbert Horowitz, Gambling911.com
