Types Of Wagers You Can Place On Virginia Tech

Types Of Wagers You Can Place On Virginia TechWith more than two dozen consecutive bowl appearances and counting, it was probably time to start betting on Virginia Tech ages ago. Of course, there’s no time like the present, and it’s looking like a sure thing that the Hokies will continue adding to their NCAA-leading bowl streak with another strong showing in the ACC Coastal division. And though VT hasn’t contended for a title since the 2000 BCS National Championship, they’re always a threat to upset top-ranked clubs and earn huge payouts for their betting public.

Before betting on Virginia Tech, 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 Tech – 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 Tech is more or less limited to these mainstream wagers, which each function as follows:

Best Sites For Wagering On Virginia Tech

There are several excellent sources and services for top-quality VT wagering action, but the very best sites for betting on Virginia Tech are Bovada, SportsBetting, BetOnline, and MyBookie. (BookMaker and BetDSI are solid choices too, but they’re more niche in nature, catering to higher limits than most folks are comfortable playing when they first start betting on Virginia Tech football.)

Each of these top sportsbooks offers industry-best customer service and clear, straightforward bets with no hidden terms or fees. Plus, these books are considerably more experienced than the current crop of up-and-coming betting shops you’ll come across when browsing the Internet. As such, they’ve all sort of set (and continue to direct) the industry standards that have been in play sincelegal sports betting in Virginia became a thing.

Bovada Odds On Virginia Tech

Bovada SportsbookAs the most venerated of all the best legal online sportsbooks, Bovada’s management and leadership teams have played a prominent role in making Internet sports betting what it is today. As such, Bovada should be your first choice for a first-class Virginia Tech betting experience, and they’ve got the added benefit of having the slickest, most accessible sports betting website in the world. Even better, Bovada has never skimped on or missed a single winnings payout, so you know that your wagers will always be honored without question.

SportsBetting Odds On Virginia Tech

SportsBetting SportsbookSportsBetting is one of Bovada’s oldest competitors, and they’ve always provided excellent desktop and mobile betting services for NCAA football fans. With a full selection of Virginia Tech odds, props, and futures, SportsBetting makes it quick and easy to shop around for the best deals. And if you’re already a Bovada member (or have an account at any other Internet betting shop), SportsBetting is a fantastic place to get a “second opinion” on any Virginia Tech action. Along with all this, SportsBetting actually features the widest variety of deposit and withdrawal options for VT bettors of every financial situation.

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Virginia Tech Wager Types

Before betting on Virginia Tech, 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 Tech – 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 Tech is more or less limited to these mainstream wagers, which each function as follows:

Virginia Tech Point Spread

The Virginia Tech point spread is the single most common wager for folks getting started with Hokies betting. In many ways, the spread bet is what popularized college football betting to begin with, and it’s been a mainstay in the sports betting community pretty much since sports betting (or, at least, football) was a thing.

Essentially, the point spread is a mechanism by which sportsbooks make the “bad” side of a wager more attractive to bettors, thereby balancing the action on both sides and guaranteeing a profit for themselves (in the form of the house take, a.k.a. “vig” or “juice”). Without the spread, the following VT bet wouldn’t yield nearly as profitable odds for the favorite:

  • Virginia Tech Hokies -7 (-110) at West Virginia Mountaineers +7 (-110)

Here, a bet on the Hokies to defeat the Mountaineers won’t actually win unless VT beats WV by 8 or more points. Similarly, West Virginia can lose by up to 6 points and still win the bet. If the Hokies win by exactly 7 points, however, the bet will result in a “push,” and all the action on the wager will be refunded. To avoid this outcome, many betting shops simply add half-points to the lines they offer.

Betting Virginia Tech Straight Up

The second most common way to put money on the Hokies is by betting Virginia Tech straight up. Here, there is no point spread or handicapping system. Instead, straight bets simply ask bettors to pick a winner, and the sportsbooks are able to balance the action on both sides of the book by increasing the payout – familiarly called “the odds” – for the supposed weaker team. This is reflected in the moneyline, which is why straight bets are sometimes called “straight moneyline” bets. Depending on your sportsbook, a VT straight bet will usually look something like this:

  • Virginia Tech Hokies (-135) at Boston College Eagles (+155)

Betting on Virginia Tech via the straight moneyline, it’s easy to see that they’re favorites in this matchup against Boston College. In this case, a $135 bet on the Hokies to win would net $100, while a $100 bet on underdog BC has a much better $155 payout.

Virginia Tech Over/Under Totals

The third type of common Virginia Tech bet is the over/under wager. Because over/under bets are only concerned with total points scored between both teams (and not who wins or loses), they are often called “totals” bets. Like any other such wager, Virginia Tech over/under totals will be expressed by most legal online sportsbooks in the following general way:

  • Virginia Cavaliers at Virginia Tech Hokies O/U 51.5 (-110)

Again, because this is an over/under bet, it doesn’t actually matter who wins. Here, the sportsbook has set the totals bet number at 51.5, and bettors choose whether the combined point total will be higher than (over) or lower than (under) that number. If, for example, the final score of the Commonwealth Clash is 37-34, that adds up to 71, which is way over the sportsbook’s 51.5-point threshold. On the other hand, if the game is much lower scoring and ends up with a score of, say, 24-13, the total is 37, which is well under the threshold. While totals wagers can seem arbitrary and fickle, they usually aren’t, and successful totals bettors typically need a good bit of insight into key aspects of the matchups in question.

Virginia Tech Player Prop Bets

Though the above trio of VT wagers is the most popular by far, legal online sportsbooks offer a whole lot more action for folks who want to mix things with their betting on Virginia Tech. To that end, Virginia Tech player prop bets are a great option for expanding your VT betting horizons. Instead of being related to score outcomes, player props focus on individual athletes’ achievements throughout the course of any single game. Hokies player props will typically be on things like how many TDs their starting QB tosses, how many yards their top receiver gains, how many tackles their best defender tallies, and more. Most sports betting shops will have several dozen VT player props to choose from.

Virginia Tech Team Prop Bets

Virginia Tech team prop bets work the same way as player props, except for the fact that they’re based on team-level performances and stats. For example, a VT team prop might have to do with how many turnovers the defense forces or how many total yards of offense the team gets or how many touchdowns the defense allows. Sportsbooks tend to offer fewer team props than they do player props, but there should still be a handful of interesting wagers before every Hokies contest.

Mobile Virginia Tech Betting Apps

There are currently no legitimate Virginia Tech betting apps on the App Store, in iTunes, or on Google Play. However, even though Apple and Google don’t allow real-money gambling apps on their platforms, you can still put your iPhone, iPad, or Android device to good use by utilizing the mobile versions of all the best online sportsbooks. Like apps, these mobile sports betting sites let you use your smartphone or tablet to bet on the Hokies in a streamlined, efficient, on-the-go way. You can even save them to your home screen so you can be one tap away from betting on Virginia Tech no matter where you are.

Live In-game Betting On Virginia Tech

One trending phenomenon that mobile Virginia Tech betting really helps promote and push along is in-game betting. Also called live betting, in-game betting is a relatively recent movement in the online sportsbook world, and it expands your normal NCAA wagering options dramatically. Instead of finalizing your wagers before games, with live betting you can actually bet on play-by-play, snap-by-snap outcomes. You can wager on whether or not the next pass will be a completion, whether or not the current drive will end in points, whether or not the VT defense will hold the other team to a three-and-out, and more.

Live betting menus change constantly, so you’ve got to be dialed in to make the best use possible of every opportunity. Live in-game betting on Virginia Tech also has the added benefit of being directly responsible for a measurable increase in both the Hokies’ overall fan-base and their national TV viewership numbers.

Other Ways To Bet On Virginia Tech

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 Tech

Is Betting On College Football Online Legal?

If you use a legal online sportsbook or betting shop, then betting on Virginia Tech (and all college football) over the Internet is 100% legal. Remember, federal laws like the Wire Act, PASPA, and the UIGEA don’t go after people who place bets, only people who take bets. Because the top online sportsbooks are all overseas and operating outside of US jurisdiction, they are free to accept your wagers without any governmental interference. You cannot be arrested for betting on college football, nor will you even get fined or hassled for it, provided you stick to the tried and true online services out there.

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

If you’re extra concerned about the legality of betting on college football at an online sportsbook, or if you simply want a better system in place for increased identity and financial security for all of your Internet transactions in general, the absolute safest way to deposit into a Virginia Tech sportsbook is to use Bitcoin. Because it’s a paperless cryptocurrency secured by blockchain technology, Bitcoin (and, in the case of SportsBetting and BetOnline, Litecoin as well) is more difficult to track or hack than any other kind of online transaction.

Not only is it the safest way to put money into your Internet betting shop, but Bitcoin is also the most streamlined platform for deposits and withdrawals. Like credit and debit cards, Bitcoin deposits only take a few minutes. But because you can’t use credit or debit cards for withdrawals, that’s where Bitcoin’s convenience factor really shines. Instead of waiting for one to two weeks to claim your winnings via check, money order, bank transfers, etc., if you use Bitcoin for your withdrawals, you can have your winnings inside an hour or two.

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

Not only can you sign up at more than one online sports betting site, it is basically imperative that you do so. Since joining each top sportsbook is totally free, it doesn’t cost you anything extra to be a member at several betting shops, but it can damn sure make you a whole lot more money. Since legal online sportsbooks compete with one another for your business, they have to vary the products they offer in compelling ways. This means that, for any given Virginia Tech game, you’re going to get slightly different lines and odds at Bovada than you will at BetOnline than you will and MyBookie, and so on. Thus, if you sign up at more than one sportsbook, you can effectively shop around for the best deals on every single wager you wish to make.

(Please note: Though you can sign up at as many different Internet sportsbooks as you please, you should never make more than one account at any single betting shop. Duplicate accounts are violations of these business’ terms of service, and if you’re caught using them, you will have your accounts suspended or banned, and all the money in those accounts will be forfeited.)

Do Online Sportsbooks Offer Odds On Every Virginia Tech Game?

For the most part, online sportsbooks will offer odds on every Virginia Tech game. However, because of the peculiarities of college football and NCAA scheduling, every now and then the Hokies will play some Division II-level scrub in a so-called “tune-up game.” If the talent gap is too big between the clubs, betting shops may not offer any action on such matchups, as 80-point over/unders and 40-point spreads aren’t worth the limited interest and extreme business risk involved. Still, unless VT is playing the Northeastern Agricultural University of Greater South Ohio (Go Doornails!), you’ll have no problems betting on Virginia Tech at your favorite online sportsbooks.