Betting On The Washington Capitals In Virginia

Virginia launched sports betting in early 2021, allowing Virginia bettors to wager on the Washington Capitals and the NHL.

Virginia was one of the states to legalize online sports betting in 2020, and mobile betting apps, such as FanDuel Sportsbook, became available soon after.

The Capitals finished second in the Eastern Division with 77 points. However, they were eliminated in the first round of the playoffs in five games by the Boston Bruins.

Available Sports Betting Apps In Virginia

The US Supreme Court ruled that states can choose whether to legalize sports betting in May 2018. In 2020, the Virginia legislature legalized online and mobile sports betting.

In August, the Virginia Lottery Commission established gaming regulations and in October, sportsbook companies began applying for licensing. The first mobile app became available to Virginians in January 2021 and several followed soon after

BetRivers

An entertaining “Vegas” style online interface with betting lines for all major American and international sports catches the gambler’s eye. BetRivers NHL interface is live now. This means Capitals fans can place futures bets on NHL games. BetRivers also offers real-time information for last-second wagers and live in-game betting.

Caesars Sportsbook

When it comes to locations, Caesars Sportsbook is ahead of the game since it has dozens of physical sites in many states. Caesars Entertainment acquired William Hill and rebranded the established sportsbook in August 2021. With a long history of success in the market, particularly in the worldwide sports betting market.

BetMGM

Claim a $1000 risk free bet to get you started at BetMGM. A great incentive to get you into the game. The interface looks similar to BetRivers, but a closer look reveals a lot more information for the serious gambler on the BetMGM site. Information is key in successfully playing the NHL odds, and this app has the most up-to-date information available short of hanging outside the locker room.

FanDuel Sportsbook

FanDuel gets the ball rolling with your initial signup, offering a risk-free $1000 bet just for signing up. That offer expires after one bet, but it is a great enticement. FanDuel has an established presence in a number of states, offering both mobile and in-person betting options. FanDuel was the first mobile app to launch in Virginia, hitting the market in January 2021.

FanDuel will be accepting bets on the Capitals when the sports betting app launches in Virginia.

DraftKings Sportsbook

DraftKings is one of the most well-known online sports betting apps. DraftKings is offering a 20% deposit match bonus up to $1000 when a new player establishes an account.

With an established online presence and easy-to-use mobile app, DraftKings is one of the most popular gaming venues. Their interactive options on their mobile app, including one-click betting, make them a favorite among online gamblers. They offer a wide variety of NHL bets, particularly during the NHL playoffs.

How To Bet On The Capitals From Virginia

Legal online sports betting arrived in Virginia in 2021, so it is no longer necessary for Virginians to travel to neighboring states to place a wager. There are several mobile betting apps available through which wagers can be placed. However, brick-and-mortar locations won’t be available within the state until 2023, when Caesars Virginia opens in Danville. These mobile apps offer several wagering options for those looking to place bets on the Washington Capitals.

How To Bet On The NHL Playoffs In Virginia

It’s a long time until the quest for Lord Stanley’s Cup begins in the spring of 2022, but you can bet on it right now. It’s called a futures bet, and the payoff can be huge if you put your money on a dark horse that comes through the playoffs to win the cup. If the Caps are rated at +500, it means you can put $100 down on a futures bet, and if they win the cup, you’ll collect $500.

How Are NHL Odds Calculated?

Let’s jump back to 8th-grade math where you were first exposed to the laws of probability and the concept of odds, probably with a pair of dice, or maybe flipping a coin.

Determining the odds in a professional or major college sporting event is a bit more complicated than counting heads or tails, but it remains a probability question.

History, offensive strength compared to defensive strength, home or away, sidelined players, new trades, coaching changes, all of these disparate factors go into determining the odds on a game. It’s the same for the NHL as it is for the NFL, MLB, or NCAA football and basketball.

An added calculation is often called the “smart money” with recorded bets on one team compared to another. For instance, the Capitals might have a $4.7 million bet on them to win in a Game 5 playoff contest with the Red Wings, while Detroit has $3.2 million on their tally.

That means the “smart money” thinks the Caps are the favorite and you’ll have to give points for an even bet.  The other option is for “long shot” betters who will take the underdog, take the points, and hope the losing team can cover the point spread.

Popular Ways To Bet On The Caps

Once you’ve chosen a gambling app, you’ll need to decide on how to bet. That might seem a little silly, don’t you just bet on which team is going to win? That’s an easy yes and no answer. If you place a moneyline bet, that’s all you’re doing. Betting on whether the Capitals win or lose.

There is much more to NHL betting, though, than simply winning or losing wagers.

The puck line is similar to points in a football bet. In hockey, they call it goal spread. You can take the favorite with a 1.5-goal spread. For example, if the Caps are +1.5 goals, at odds of -110 against the Flyers, a bet pays on the Caps if they win by more than one goal. If the Flyers lose by just one goal or win, your bet on the Caps loses.

An interesting option in the NHL is the 60-minute line. It’s a bet that covers only regulation play. You can bet on the Caps to win, the Flyers to win, or for the first three periods to end in a tie. The odds are higher in this bet.

Parlays are combination bets, akin to betting on win and place in a horse race. You place a bet on two teams. If the Caps win and you also bet on the Penguins, you win the bet. Since you’re wagering on two unique outcomes the risks are greater, but so are the payoffs.

It’s not a sandwich, but you can be a ham if you don’t correctly bet a grand salami. This is a fun bet for many gamblers, allowing them to wager on how many goals are scored in a given day by all the teams on the ice.

Some people will bet on anything, if two birds are on a telephone line, they’ll wager which one flies off first. That’s the essence of a prop bet. It’s a proposition you can make on just about anything in a match. For example, how many goals does a player score? How many shots on goal does the goalie deflect? They’re run and wide open.

Over/under is a common bet in football, baseball, and basketball. It doesn’t matter who wins, it’s the combined goal total in a contest. If you think the Caps and Flyers will score fewer than seven combined goals, and the over/under is 6.5 goals. You’ll win if the final score is 3-3.

Washington Capitals Sports Betting FAQs

Can Virginians legally bet on the Capitals?

Yes. Mobile sports betting launched in 2021, and Virginians can now place wagers on the Capitals.

How popular is betting on the Washington Capitals?

Hockey and the NHL borders on a mania for many fans. The Caps have a huge fan base. When they play the Flyers, Penguins, Blackhawks, or Red Wings that fan interest explodes with fans of the opposing teams putting their money down on their team or betting the odds against the Caps. That said, betting on the NHL is not as popular as betting on football or basketball for most bettors.

What is the closest sportsbook to Capital One Arena?

The quick answer is your cell phone, tablet, or PC. Caesars Sportsbook by William Hill offers its online sportsbook in DC but only in the area surrounding the Capital One Arena. Elsewhere in DC, Caesars Sportsbook by William Hill is not available.

Where can I bet on the NHL playoffs in Virginia?

On your cell phone, tablet, PC, or another mobile device now that sportsbooks have launched. Tie it to a credit card, a PayPal account, or link directly to your bank account and you can bet on the San Jose Sharks, the LA Kings, or the Vancouver Canucks even if the Capitals aren’t in the playoffs.

Is DraftKings legal in Virginia?

Yes. The Virginia Lottery Commission approved DraftKings Sportsbook and the app launched in January 2021.

Is FanDuel legal in Virginia?

Yes. The Virginia Lottery Commission approved FanDuel Sportsbook and the app launched in January 2021. It was the first mobile app available to Virginians following the legalization of sports gambling.

About the Author

Amber Hoffman

Amber Hoffman is Managing Editor of MichiganSharp.com. A recovering attorney, she's spent almost a decade developing and managing websites and writing for a variety of industries. Amber became a Cubs fan after living a handful of blocks from Wrigley Field, much to the chagrin of her Mets-loving family and Red Sox-loving husband. Amber writes for a number of online sites including the food and lifestyle site Food And Drink Destinations.