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These are sometimes referred to as the key numbers, and they are significant for both the sportsbooks and experienced bettors. Pick’em– This term is used when the teams are so closely matched that there isn’t a clear favorite or underdog. In this situation, no points are assigned to either team on the spread, so you just have to pick the winner. Virginia sports betting launched online-only sports betting Jan. 20, 2020, when FanDuel Sportsbook went live.