Types Of Wagers You Can Place On Virginia

The types of wagers you can place on Virginia are as expansive as the history of the University itself. UVA is one of the oldest educational institutions in the United States, with its founding dating back over 200 years. With so many generations of alumni and such a rich history of sports programs throughout the university, it’s no wonder why the Cavaliers have such a prominent sports following. With this following comes many fans who would bet anything and everything on a Cavalier victory. While fans may not be able to do so at a local sportsbook, the opportunities to bet on Virginia can be found online through offshore sports betting sites.

These sites offer almost every wagering type imaginable, but in order to make the most of your bets, you need to understand what each betting line means. Having a firm understanding of what the odds represent will result in more strategic bets, smarter financial decisions, and possibly a higher payout. We will go over the fundamental odds that are listed in almost every sportsbook, as well discuss where you can find these odds over the internet. After you’re done reading you should be set and ready to start cashing in on UVA sports.

Best Sites For Wagering On Virginia

The best sites for wagering on Virginia are going to be ones that are online and operate overseas. These are currently the only legal options, but they provide more perks and more options than any land-based sportsbook ever could. The top sites we recommend are MyBookie, BetOnline, Sportsbetting, and Bovada. These sites provide their users with fair betting lines, an extraordinary amount of wagering types, multiple ways to fund your account, and promotional deals that will keep you coming back. They are all free to join and you can become a member to as many as you like. However, the one that we recommend the most from all of these sites is Bovada. That is why we’ve decided to highlight all their best features below so that you know what to expect when using the site for legal sports betting in Virginia.

Best Virginia Sports Betting Sites - 100% Trusted + Safe

Types Of Wagers You Can Place On Virginia

Before betting on Virginia, you need to make sure you understand the system used by legal online sportsbooks serving US customers. Called the moneyline, this betting system – traditionally used only in American markets – shows the wager and payout rates attached to each bet, and it’s based on $100 as a point of reference (though this amount is not a minimum required to be risked in order to take part in a given bet). An underdog is shown via a positive moneyline, with the number reflecting how much money is won on a $100 bet. Conversely, a favorite is listed alongside a negative number, showing how much money must be wagered to win $100. Sportsbooks usually show moneylines in parentheses beside their applicable bets.

Most of the time, the types of wagers you can place on Virginia – at least popularly – will emphasize the point spread, the straight bet, and the over/under. While there are many more bet types in play at any reputable online sportsbook, these three are the most common by far. For most sports gamblers, betting on Virginia is more or less limited to these mainstream wagers, which each function as follows:

Virginia Point Spread

The Virginia Cavaliers point spread is a betting type that is often referred to by sports radio personalities and by many others involved in sports media. With the point spread, you are able to see which team is favored through the use of a minus sign, while the underdog is represented with a plus sign. If you bet on the favorite to win, you are essentially saying that that not only will they win the game, but they will win by more points than they are assigned with. If you place your wager with an underdog you are saying that you believe that either that team will win the game, or they will lose by no more than the points assigned to them. The example below is a common betting line that you will see:

• Virginia Cavaliers -7 (-110) at Duke Blue Devils +7 (+110)

In this scenario, if you bet on the Cavaliers to win the game, they would have to win the game by more 7 points in order for you to earn any winnings. The numbers next to the point spread indicate how the payoff would word for either choice you make. If you bet on UVA you would have to put down 110 dollars in order to win 100. Alternatively, if you chose Duke to win you would only have to bet 100 dollars to win 110. This ensures that there is an even number of bettors on both sides and that the sportsbook can collect a small percentage themselves for providing the service.

Betting Virginia Straight Up

The next wagering type that you will most likely see is betting on Virginia straight up. This type of bet is a bit simpler to understand because you are simply choosing who you think will win the game, with no regards to what the final score will be. The payoffs could vary with this one as compared to the point spread. This is why many people refer to this bet as a moneyline wager. However, the differences in payout could be substantial and may sway you to place your money here instead. Here is an example of what a simple money line wager would look like.

• Miami Hurricanes (-130) at Virginia Cavaliers (+155)

In this example the Cavs are underdogs, but if you bet on them and they win the game, then you only have to put down 100 dollars to win 155 dollars. It doesn’t matter if they win by 1 point or 20 points, you would be in for a substantial payout. It’s worth noting that 100 isn’t the minimum required amount to bet, rather it is used as a percentage to calculate the payout. The top online offshore sportsbook that we recommend will let you place a wager for as little as five dollars or even 25 cents.

Virginia Cavalier Over/Under Totals

The third most common wager type is the Virginia Cavaliers over/under or totals bet. This type of bet is great for when you aren't necessarily sure who is going to win the game, but you have an inkling as to how the teams are going to perform. The line represents the potential combined point total of both teams at the end of the game.

• Virginia Cavaliers at Virginia Hokies O/U 50.5 (-110)

In the example listed above, if you believe that both teams will combine to score more than 50 points then you would bet the over. If you believe it will be a more defensive game and that less than 50 points will be accumulated by the end of the match then you would bet the under. The reason that there is a half point set in this line is to avoid a push. A “push” means that the bookie predicted the total amount exactly and in that case, all money would be returned to bettors on both sides. Since there are no half points in football, this would eliminate the chances of it happening and would ensure that one side is victorious.

Virginia Player Prop Bets and Team Prop Bets

Virginia player prop bets are not concerned with the outcome of the game, rather they focus on the individual performances of a certain player. For example, if you believe that the Cavaliers running back will rush for over 100 yards against the opposing defense then you can bet the over for that player. These types of bets are usually reserved for skill positions in football but can also be found in other sports such as basketball and football. Team Prop bets are similar to player prop bets but they are targeted toward a group of players. Let’s say you think the Virginia defense will get three interceptions against UNC, you can then you can bet on that. It won’t matter who picks the ball off as long as that unit of the team reaches that mark.

Mobile Virginia Betting Apps

Mobile Virginia Cavalier betting apps are crucial for the casual Cavs fan. When you’re getting set to watch Virginia play you’re not always going to be at home and near a computer. Sometimes you’ll be tailgating outside the stadium or watching the match in a local sports bar. Thankfully all of the online offshore sports betting sites we recommend offer mobile-friendly versions of their sites so that you can bet on UVA wherever you are. All of the same betting lines, wagering types, and promotional offers can be accessed from your smartphone or tablet. Some of these sites even offer bonuses for first-time users of their mobile site. Best of all their apps can be downloaded for free straight off of their site so you can get to your bet slip quicker than ever.

Live In-game Betting On Virginia

Live in-game betting on Virginia is the best way to cash in on the Cavalier’s games. That’s because, with this specific wagering type, you’re betting on key aspects of the game as it unfolds in real-time. That means if it’s fourth and goal you can bet on whether or not Virginia will score a touchdown. You can also use this wagering type for other sports such as baseball or basketball. These odds are updated continuously throughout the game so you have to be vigilant and quick in order to make the most out of each opportunity. All the offshore sportsbooks we recommend offer this feature not only from their website but also through mobile devices. That means you can be inside John Paul Jones Arena and bet on the Cavaliers while the game is being played out in front of your very eyes.

Other Ways To Bet On Virginia

The above bet types represent the vast majority of wagers available to VT fans, but legal online sportsbooks do offer even more options. These include futures bets, alternate lines, multi-team parlays, multigame parlays, teasers, pleasers, and more. And though none of these are recommended for first-time bettors, once you’re comfortable with putting money on varied VT action, you will probably want to check out the longer odds and better moneylines available with these alternative wager types. If you can string together several winning wagers (like the Hokies string together several winning seasons), you can make some serious money playing parlays and the like.

FAQs About Betting On Virginia

Is Betting On College Football Online Legal?

Yes, but only if you use a sports betting site that is based overseas. The reason being is that Virginia does not have any authorized online sportsbooks in the state quite yet, so any that are operating right now are doing so illegally. You are also not allowed to use another state's online sportsbook because that would be a direct violation of the federal law known as the Wire Act. But, if you use offshore sites, state laws and federal laws will have no jurisdiction over those businesses. There are also no direct laws that would punish you for using these sites so you can feel safe when betting with MyBookie, SportsBetting, BetOnline, or Bovada.

What's The Safest Way To Deposit Into A Virginia Sportsbooks?

While each method that online sportsbooks provide is safe, the one we recommend is through the use of cryptocurrencies such as BitCoin or LiteCoin. The reason being is that these types of currencies are decentralized, meaning there is no banking institution that could decline or deny your deposits or withdrawals. There is also the factor of speed. If you get a check sent to you it may take a few weeks to arrive to you and it will go through the hands of many people before arriving at your door. On the flipside, BitCoin can be sent directly to you within less than 24 hours.

Can I Sign Up At More Than One Online Sports Betting Site?

Yes, and all the sites we recommend will allow you to do this. They are all also free to join and it is highly encouraged that you use more than one sports betting site. The reason being is that not every betting line will be the same for each site. The point spread may be different by half a point, but even just that small of a margin could mean the difference between a potentially winning bet or a losing one. Having options allows you to shop lines and choose the ones that you feel most comfortable with or offer the highest payout for betting on Virginia.

Do Online Sportsbooks Offer Odds On Every Virginia Game?

They will certainly offer odds for big matchups or for conference games. But, when it comes to the Virginia football team playing a Division 2 school there usually won’t be anything listed for that game. The reason being is that it is almost impossible for anyone to bet on the D2 school meaning the sportsbook would actually lose money by posting odds for that game. The general rule of thumb is that if there is interest among fans of the team or fans of the sport, then online offshore sportsbooks in VA will offer wagering on the Cavaliers.