Betting at Capital One Arena

Capital One Arena Washington, DC is an indoor sports and entertainment facility in the heart of downtown, just a few blocks away from the President’s Park and the White House. It’s also one of the closest sports venues for Maryland residents.

Washington, DC’s unique status among all US states is also reflected in its sports betting laws. Wagering on sporting events is fully licensed in the District of Columbia in both its retail and online forms, thanks to the Sports Wagering Lottery Amendment Act of 2018. However, heavy and a bit unusual restrictions apply.

Retail sportsbooks in Washington, DC are only allowed in four sports and entertainment facilities, including Audi Field, Capital One Arena, Nationals Park, and Elizabeths East Entertainment and Sports Arena. As for mobile wagering, the approved sportsbook may operate within the facilities mentioned above and within a two-block radius surrounding the facility. 

The arena is home to the NBA’s Washington Wizards, NHL’s Stanley Cup winners from the 2018 season Washington Capitals, NCAA’s Georgetown Hoyas, and an 18,000-square-foot Caesars Sportsbook

Capital One Arena is also a premium concert and family show venue that’s hosted some of the leading artists such as U2, Lady Gaga, Madonna, and many others. 

The following guide is just what you need to learn about the Capital One Arena Washington, DC location, the sportsbook found there, its parking utilities, and more. 

Where is the Capital One Arena?

The Capital One Arena is located at 601 F Street, N.W., Washington, DC 20004. Capital One Arena is situated across an entire city block of the Penn Quarter neighborhood in Chinatown, north of the National Mall and east of the National Portrait Gallery. 

The venue is reachable via both car and public transportation. The Gallery Place-Chinatown metro station is located just below Capital One Arena, with three stations found within walking distance from the venue: Judiciary Square (Red line), Metro Center (Red, Orange, Silver, and Blue lines), and Archives-Navy Memorial Penn Quarter (Green and Yellow lines). 

What’s more, Capital One Arena has an exclusive partnership with Uber. After you exit the arena, you can go to several suggested pickup locations at 6th and 7th Streets NW, open the app, and choose the Uber pickup zone closest to you. 

Capital One Arena History and Ownership Structure

Capital One Arena was part of a $9.2 billion redevelopment project of the entire neighborhood and area. With 4,500 events and 47 million people passing through its stands later, we’re looking at a meaningful venue on Seventh Street. 

The arena under the name MCI Center was inaugurated on Dec. 2, 1997, with a game between the Wizards and the Seattle SuperSonics with then-president Clinton in attendance. In 2006, Verizon Communications bought the MCI Center and renamed it Verizon Center. 

In 2010, Ted Leonsis bought Capital One Arena and launched Monumental Sports & Entertainment (MSE), a company that owns the NHL’s Capitals, the NBA’s Wizards, and many other sports teams and entertainment centers. 

In 2013, the company created Monumental Sports Network, a sports and entertainment network that brings you live games of the Wizards, the Capitals, and all other teams owned by the company. 

Over the years, the arena has hosted numerous concerts and shows. Two of the longest-running shows in the building are the Harlem Globetrotters Show and the Washington International Horse Show, dating back to Capital One Arena’s predecessor, the Capital Center. 

The naming rights for the venue were bought by Capital One in 2017 and known as Capital One Arena since then. 

Capital One Arena Venue Information

The Capital One Arena’s capacity is around 20,000 seats, depending on the sporting event. The ticket sales go through Ticketmaster service, where you can find the designated Capital One Arena seating chart for each scheduled event. Accessible seating accommodations are also provided through the arena’s representatives. Additionally, premium seating arrangements are available for all suite owners and through suite rentals. 

Capital One Arena has implemented a no-bag policy, so no bags, purses, or backpacks are permitted inside. Clutches of wallet size must not be longer than 5”x7” while parenting and medical bags must not be larger than 14”x14”x6.” All permitted bags will be screened for security reasons. 

Sports Betting at Capital One Arena 

Monumental Sports & Entertainment signed a groundbreaking deal with Caesars Entertainment in Oct. 2019 to bring Caesars Sportsbook to Capital One Arena. The sportsbook officially opened in May 2021, becoming the first retail sportsbook within a sports facility in the country. 

The sportsbook spreads across 18,000 square feet of space and features 17 betting windows, 16 self-betting kiosks, and Verizon-backed 5G Wi-Fi capability for online betting within the venue. 

In July 2022, Caesars Sportsbook at Capital One Arena announced expansion plans to see another 700 square feet added to the venue, plus 13 more self-betting kiosks, a new entrance that leads to the concourse of the arena, and chef Guy Fieri’s first restaurant in DC.

Bets Offered at Capital One Arena 

Caesars Sportsbook is currently available in 24 jurisdictions, 18 of which support its mobile betting product, including Washington, DC. One of the reasons why Caesars at Capital One Arena is considered one of the best legal sports betting apps in Washington, DC is the sports and betting markets coverage. 

Below you’ll find some of the most popular bets you can place at Capital One Arena, both online and in-person. 

Moneyline Betting at Capital One Arena 

Moneyline bets refer to betting on the match winner. Say the Wizards are hosting the Charlotte Hornets and stand as favorites. The moneyline, in that case, represents their odds of winning the game outright without using the point spread or any other condition. The moneyline is always represented as a three-digit number. 

As favorites, the Wizards have a minus (-) in front of the moneyline, say -140. This means you must bet $140 on the Wizards to win $100 should they win. On the other hand, if you decide to back the Hornets, their moneyline will be indicated with a plus sign (+), since they are the underdogs. The moneyline +140 shows a potential payout of $140 for your $100 bet. 

Spread Betting at Capital One Arena

Spread betting is the most popular form of betting on sports. The spread represents the margin of points the favored team needs to win by to cover the spread. The spread was designed to even the odds between the two teams and make betting more exciting. 

For example, in a duel between the Capitals and Pittsburgh Penguins, the point spread on the Capitals refers to the goal difference and can be set at -1.5. In hockey, the spread is known as the puck line. If you back them to win, they need to win by two or more goals to cover the spread. 

Consequently, the point spread on the underdogs (Penguins) can be +1.5, so if they win the match altogether or lose by only a single goal, you win the bet. 

Totals Betting at Capital One Arena

Totals betting implies wagering on the combined total of points of both teams. You can choose between two options: Over and Under. Should you bet Over, you think that the points total will be more than the total specified by the sportsbook. If you bet Under, you believe there will be fewer points. 

Parlay Betting at Capital One Arena

Parlay is a wager that connects two or more bets. To win a parlay, all selections on the betslip must win. If one of those selections falls through, you lose the entire parlay. However, if you win all bets on a parlay, the potential payout will be greater than if you had placed the bets separately. 

Horse Betting at Capital One Arena

Betting on horse races is an option at Capital One Arena. You can find odds for all marquee racing events in the country and globally. Some of the standard bets you can opt for include: 

  • Win
  • Place 
  • Show
  • Daily Double
  • Exacta 
  • Quinella
  • Trifecta
  • Superfecta
  • Pick 3
  • Pick 6
  • Pick 8
  • Pick 9

Capital One Arena Partnerships 

Capital One Arena has several partnerships under its belt, from Etihad Airways to Deloitte. One of the most important partnerships for the visitors includes that with KultureCity to make the programs and events hosted at the arena sensory inclusive.

Ultimately, sports bettors stand to win the most from Capital One Arena’s partnership with Caesars Entertainment which brought retail and online sports betting to the arena, the first of its kind in the country. 

Capital One Arena Rewards 

Caesars Sportsbooks is known for having one of the best sportsbook bonus offers in Maryland and Washington, DC. The most elaborate loyalty rewards program Caesars Rewards is available in 50 online and retail locations across the country. 

The program features six tiers each with different benefits, including reward credits for betting, complimentary stays in hotels, offers for dining, free play, and many more. 

Capital One Arena Parking

Capital One Arena has its own parking garage located underneath the building on 6th Street NW called the Lexus Garage. The two-level garage is equipped with 475 parking spots and direct elevator access to Capital One Arena. 

To use that Capital One Arena parking option, you need to contact the customer support team to find out the conditions of use. If you drive a Lexus, you can use one of the 24 reserved spots at the garage. The spots are distributed on a first-come, first-served basis. 

So, where can I park at Capital One Arena, you might be asking yourself? The answer is simple. The venue has partnered with SpotHero to offer parking opportunities at lots and garages in the vicinity. The average parking cost on a gameday ranges between $25 and $30.

Capital One Arena Accommodations 

Capital One Arena doesn’t offer accommodation on the premises. However, the arena’s proud partner is Hilton Hotels, with 90 different locations in the Washington, DC area, including those within a walking distance from the venue, such as: 

  • Hotel Monaco address: 700 F St Northwest, Washington, DC 20004
  • Hampton Inn Washington-Downtown Convention Center address: 901 6th St NW, Washington, DC 20001
  • Motto by Hilton Washington,F DC City Center address: 627 H Street NW, Washington DC, 20001

Capital One Arena Client Services 

There are two Guest Services locations in Capital One Arena. One is located on the first level across from Section 102, while the other is housed on the fourth level across from Section 402. The client services agents on the scene will provide you with all the necessary information and help regarding arena policies and procedures, arena maps, locations of concessions, lost and found, lost children, wheelchair and stroller storage, and more. 

Capital One Arena Online Sportsbook 

All visitors to Capital One Arena can download the Caesars Sportsbook app directly on their Android and iOS devices and bet while in the arena or within a two-block radius of the arena. The District of Columbia sports betting law allows all individuals at least 18 years old to place sports bets, compared to the age limitations in most other jurisdictions. 

The betting choice includes sports such as football, baseball, basketball, tennis, soccer, and MMA, as well as several niche competitions such as snooker or darts. 

Capital One Arena FAQ

Where is Capital One Arena located?

601 F Street, N.W., Washington, DC 20004. Capital One Arena is located in the Penn Quarter (Chinatown area of Washington DC). It’s a 20,000-seat arena home to the NBA’s Washington Wizards, NHL’s Washington Capitals, WNBA’s Washington Mystics, AFL’s Washington Valor, and college men’s basketball team Georgetown Hoyas. 

Is Capital One Arena open 24/7?

Capital One Arena’s box office is open from Monday to Saturday from 10 a.m. to 5:30 p.m ET and on event days. Doors for the events usually open at least one hour before the kickoff, but it all depends on the event in question. 

Which restaurants are located in Capital One Arena?

There are 40 concessions at Capital One Arena placed across different sections of  100, 200, and 400 levels. Note that food and drinks are only to be consumed in your dedicated seats. 

How old do I have to be to bet at Capital One Arena?

Capital One Arena’s Caesars Sportsbook requires all bettors to be at least 18 years or older, according to the gambling laws in the District of Columbia. It’s a lower betting age than compared to most other jurisdictions in the country. 

Does Capital One Arena have an online sportsbook?

Yes, it does. Capital One Arena has teamed up with Caesars Sportsbook to bring a retail and an online sportsbook to the visitors. Online sportsbook is available through the Caesars Sportsbook dedicated app for Android and iOS devices only while you are in the arena or within a two-block radius of the venue. 

What sports can I bet on at Capital One Arena?

Caesars Sportsbook at Capital One Arena boasts a wide coverage of all professional competitions and sports, including football, basketball, tennis, baseball, soccer, volleyball, and many others. Caesars has prepared a good choice of niche markets for those who seek to bet on less-popular sports, such as handball, darts, snooker, and others. 

Can I bet on horses at Capital One Arena?

Yes, you can. Capital One Arena and its partner Caesars Sportsbook allow you to bet online and simulcast horse races, as well as Caesars virtual racing events that simulate an actual horse race. 

About the Author

Joshua Buckley

Sports Content Manager
Joshua Buckley is Sports Content Manager for MarylandSharp.com. Along with award-winning experience as a sports editor in Alabama and Texas, he has also spent time in public relations for the tourism and blood banking industries. Joshua is co-host of "Whole Lotta Wolves," the only U.S.-based Wolverhampton Wanders FC podcast.