Vermont Sports Betting in 2024 – Up to $400 in New-User Bonuses
Legal Vermont sports betting is here, launching on Jan. 11, 2024. Green Mountain State bettors now can access three of the best U.S. betting sites and unique Vermont sportsbook promos for March Madness.
Vermont became the 38th U.S. state to offer legal sports betting. Gov. Phil Scott signed Vermont's sports betting bill — H.127 — into law on June 14, 2023, which paved the road for legalization.
Follow along to track developments and important Vermont sports betting news.
Best Vermont sports betting sites
21+ and present in VT. Gambling problem? Call 1-800-GAMBLER.
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- FanDuel Benefits
- Best user experience
- World-class mobile app
- Best for live betting
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- Fanatics Sportsbook Benefits
- NFL live streaming
- Flexible FanCash Rewards
- Improved app performance
- Fanatics Sportsbook Review
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- DraftKings Benefits
- Best mobile app
- Supreme navigation
- Best for grading winners
- DraftKings Review
- Population: 645,500+
- Legal age for sports betting: 21
- Online sports betting: Yes
- Retail sportsbooks: No
Vermont sports betting updates
Legal Vermont sports betting went live on Jan. 11, 2024. We've provided a detailed timeline of relevant events surrounding Vermont's legal sports betting scene below:
April 9, 2024: Vermont sees $21 million handle in first full month of legal sports betting.
March 12, 2024: Vermont bans college player prop betting, joining Maryland and Ohio as the only U.S. states to prohibit this bet type.
Feb. 15, 2024: A newly proposed Vermont bill, H.857, is cracking down on gambling related advertising within the state.
Jan. 11, 2024: Vermont's three sportsbooks accept their first legal action — a $10 parlay on the Houston Texans and Kansas City Chiefs, a $12.50 bet on Houston to win the AFC, and Max Strus over 2.5 three-pointers were the first legal VT sports wagers placed.
Jan. 11, 2024: Celebrate the launch of legal Vermont sports betting by checking out the Vermont Catamounts and UMBC Retrievers odds for their NCAAB matchup tonight.
Jan. 11, 2024: Legal Vermont sports betting launched at 12 a.m., ET, on Jan. 11, 2024. Eligible VT bettors can now access three online sportsbooks — FanDuel, DraftKings and Fanatics Sportsbook.
Jan. 10, 2024: Covers' own Brad Senkiw outlines everything you need to know ahead of Vermont's legal sports betting launch tomorrow.
Dec. 19, 2023: Covers' own Geoff Zochodne details why Vermont chose some online sports betting sites but not others, even though the state was approved to issue two additional operators a legal operating license.
Dec. 18, 2023: Vermont's Board of Liquor and Lottery releases the state's sports betting catalog ahead of Jan. 11, 2024, launch, includes more than 70 sports.
Dec. 13, 2023: Vermont is set to launch legal sports betting on Jan. 11, 2024, and Covers' own Geoff Zochodne has everything you need to know here.
Dec. 12, 2023: Vermont regulators announce legal sports betting will launch on Jan. 11, 2024.
Dec. 11, 2023: Legal Vermont sports betting may launch soon, as the request for operator's proposals suggests that state regulators could be targeting a January launch.
Nov. 8, 2023: The Vermont Board of Liquor and Lottery adjust background check rules for individuals seeking involvement with sportsbook operators ahead of the state's upcoming legal sport betting launch.
Sept. 13, 2023: Five operators submit bids for Vermont sports betting licenses — BetMGM, DraftKings, Fanatics Betting and Gaming, FanDuel and Penn Sports Interactive (ESPN Bet).
July 25, 2023: Potential operators in Vermont have until Aug. 28, 2023, to submit their request for proposals (RFP) in a bid to offer event wagering in the state.
July 17, 2023: Vermont regulators approve amended rules for sports betting and event wagering.
July 12, 2023: The Department of Liquor and Lottery (DLL) meets to review enhanced procedures regarding Vermont sports betting.
July 6, 2023: Vermont regulators will issue RFPs to stir competition among sportsbook operators.
June 14, 2023: Governor Phil Scott signs Vermont's sports betting bill into law.
May 31, 2023: The approval of H.127 paves the way for Vermont's Governor to sign the bill into law.
May 9, 2023: The Vermont House of Representatives concurred with amendments made by the state Senate to H.127, legislation that will bring legal sports betting to the state. A tentative date has been set to launch by January 2024.
March 2023: H.127 is the first sports betting bill to pass the Vermont House, and — in positive news — the governor supports the legislation.
February 2023: H.127 — which would allow for two to six online sportsbooks in Vermont - passes its first committee by a nine to three vote. There are three more committees to pass before it comes to the Vermont House.
December 2022: Vermont published the sports betting study — key finding and recommendation are to legalize sports betting and have the Department of Liquor and Lottery regulate the industry within the state.
September 2021: Senate Bill 77 was introduced — a sports betting study gathering data to determine projected handle, revenue, and tax rates — and is completed by October.
2019: House Bill 494 is introduced in hopes of legalizing retail and online sports betting in Vermont. It earns a muted response as it was read once and died without another mention.
May 14, 2018: After 26 years after it's enacted, the Supreme Court strikes down the Professional and Amateur Sports Protection Act (PASPA), enabling each U.S. state to formally legalize and regulate sports betting.
1992: Vermont's last retail horse track shuts down operations, but horse racing betting is still legal (pari-mutuel).
1992: The Supreme Court rules in favor of the Professional and Amateur Sports Protection Act (PASPA), which strictly limits states’ rights in terms of legalized sports betting.
1960: Vermont legislatures legalize horse racing betting in the state. The first track would open a few years later.
Is sports betting legal in Vermont?
Yes, Vermont sports betting launched on Jan. 11, 2024, marking the 38th U.S. state with legal sports betting. Gov. Phil Scott signed the Vermont sports betting bill, H.127, into law on June 14, 2023, allowing legal online and mobile sportsbooks to enter the Green Mountain State.
The bill permitted Vermont's Department of Liquor and Lottery to issue two to six online sportsbook licenses, with operators subject to a 20% revenue tax. After a competitive bid lottery, DraftKings, FanDuel, and Fanatics Sportsbook were selected to operate online and mobile sports wagering platforms in Vermont on day one.
Vermont's sports betting law requires bettors to be at least 21 and be physically located within the state to place bets. Some unique provisions implemented by the state's Department of Liquor and Lottery include restrictions on wagering on Vermont college programs — except in out-of-state tournaments — a ban on using credit cards to fund online accounts, and an increase in the legal age for participating in daily fantasy sports from 18 to 21.
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Best Vermont sports betting bonuses
With the arrival of legal Vermont sports betting, a few familiar sportsbooks have unveiled post-launch offers. First-time users can now claim the following sportsbook promos:
FanDuel Sportsbook - Bet $5, get $150 if your bet wins: FanDuel Vermont bettors are now eligible to claim $150 in bonus bets. Register an account, make a minimum $10 initial deposit, and place a $5 wager on any sports betting market. If the wager wins, you'll receive the welcome bonus within 72 hours. No FanDuel promo code is necessary, but the offer expires on June 5, 2024.
DraftKings Sportsbook - Bet $5, get $200 in bonus bets: Create a new DraftKings Vermont account and place an initial wager of at least $5 on any market. Win or lose, users receive $200 in bonus bets via eight (8) $25 bonus bets. VT bettors do not need a DraftKings promo code to claim this offer, which is valid until May 6, 2024.
Basketball enthusiasts can also access a 'No Sweat' same-game parlay token to use every day during the NBA Playoffs.
Fanatics Sportsbook - Sign up, get $50 in bonus bets: New Fanatics Sportsbook users can claim $50 in bonus bets within 72 hours of creating a new account. No Fanatics Sportsbook promo code is required, and the bonus bets are valid for seven days. This offer expires on June 30, 2024.
Top Vermont sports betting sites
Vermont's legal sports wagering marketplace consists of three online operators: FanDuel, DraftKings, and Fanatics Sportsbook.
1. FanDuel Vermont
Bet $5, Get $150 if Your Bet Wins
Ends: Jun. 5, 2024
FanDuel Sportsbook is the best option for Green Mountain State sports fans now that VT sports betting is live. FanDuel checks all the boxes for bettors — intuitive layout, competitive odds across a wide range of markets, reliable and speedy banking, industry-leading live betting section, and a variety of enticing evergreen promos. Not to mention its mobile app, which tops our list of Vermont sports betting apps in 2024.
Check out our FanDuel Sportsbook Review to learn more about the top online sports wagering platform in the U.S.
- App Store rating: 4.5 (iOS), 4.7 (Android)
- Vermont welcome bonus: Bet $5, get $150 if your bet wins
- Payout speed: Within 24 hours
2. DraftKings Vermont
DraftKings Vermont is the only sports betting platform that can go toe-to-toe with FanDuel. We strongly recommend claiming DK's post-launch offer today and checking out its immaculate live betting section when available. Want to get in on the NFL playoff action? Look no further than DraftKings Sportsbook, our pick for the best football betting site in 2024 and one of the industry's top NFL prop betting sites.
Read our DraftKings Review for a deeper dive.
- App Store rating: 4.8 (iOS), 4.5 (Android)
- Vermont welcome bonus: Bet $5, get $200 in bonus bets instantly + No Sweat NBA SGP
- Payout speed: 1-7 days
3. Fanatics Sportsbook Vermont
Sign Up, Get $50 in Bonus Bets
Ends: June 30, 2024
Fanatics Sportsbook has made an early statement in the U.S. market after purchasing of PointsBet's American assets. Now available in Vermont, the sports betting platform will continue its efforts to engage new users with unique features and an improved betting app.
Head over to our Fanatics Sportsbook Review for a full evaluation of the betting site.
- App Store rating: 4.8 (iOS), 3.7 (Android)
- Vermont welcome bonus: Sign up, get $50 in bonus bets
- Payout speed: 1-10 days
What sportsbooks are legal in Vermont?
Two Vermont sportsbooks have new-user welcome bonuses and are accepting legal wagers.
Below are the three online sports betting operators available in VT:
- FanDuel - Top sportsbook
- DraftKings - Incredible app
- Fanatics Sportsbook - Reputable brand
Legal Vermont Sportsbooks
On Dec. 12, 2023, Vermont regulators approved three sports betting operators: DraftKings, FanDuel, and Fanatics Sportsbook. BetMGM and ESPN BET, two other interested operators, fell short in their attempts to access the Vermont sports betting market.
Vermont's legal market for sports wagering initially consists of online and mobile sportsbooks, as there are no plans to launch retail sports betting in the state at this time.
Vermont sports betting sites
Sportsbook |
Mobile app |
Odds provider |
Launch date |
---|---|---|---|
DraftKings | Yes | SBTech | Jan. 11, 2024 |
Fanatics Sportsbook | Yes | Amelco | Jan. 11, 2024 |
FanDuel | Yes | Flutter | Jan. 11, 2024 |
Latest Vermont Sports betting news
Crossing state lines: Nearby betting sites in 2024
With the arrival of Vermont sports betting, VT joins Connecticut, Massachusetts, New Hampshire, and New York as New England states with legalized markets.
However, Vermont's legal landscape is similar to Maine, as neither state has yet to launch legal retail sports betting nor has indicated when retail sportsbooks will be permitted. We anticipate both states will allow in-person wagering in 2024.
Who can bet on sports in Vermont?
With the launch of legal Vermont sports betting, Green Mountain State bettors can legally wager with three sports betting sites. Read below for everything you need to know about betting in Vermont in 2024:
Legal age
Vermont sportsbooks are reserved for bettors 21 and older. Vermont also raised the age of legal daily fantasy sports users from 18 to 21.
Mobile betting
Vermont bettors can access three top-notch mobile sports betting apps: FanDuel, DraftKings, and Fanatics Sportsbook. H.127 permits up to six online sportsbooks to operate legally, so stay tuned if additional platforms enter the market
Remote registration
Remote registration is in effect in Vermont. Sports bettors can now create accounts with licensed sportsbooks, claim generous sign-up bonuses, and legally wager anywhere within state lines.
Within state borders
All online Vermont sports betting is verified through geolocation technology, ensuring all accounts created and wagers placed are within state borders.
Retail sportsbooks
In somewhat of a surprise, Vermont has prohibited brick-and-mortar sportsbooks. At this time, it is unclear if and when retail betting will be available in the Green Mountain State.
Taxable winnings
Vermont bettors are subject to an individual tax rate of 6% and 7.25% for VT residents and out-of-state bettors, respectively. This is in addition to the current 24% federal tax that applies to all gambling winnings.
The pros and cons of Vermont sports betting
For years, Green Mountain State bettors could bet on horse racing and playing daily fantasy sports games, but eagerly awaited the arrival of a legal sports wagering market. Their dreams became a reality on Jan. 11, 2024, as Vermont is now the 38th U.S. state with legal sports betting.
How to start betting in Vermont
The launch of Vermont online sports betting allows new users to line shop with three sports betting sites — FanDuel, DraftKings, and Fanatics Sportsbook — anywhere within the state.
We’ve outlined how to start online sports wagering now that legal Vermont sportsbooks are available:
Select a sportsbook
Researching all available options and selecting the sportsbook that best suits your needs is vital. Sportsbook reviews detail essential information, such as the best welcome bonuses, available bet types, and if the sportsbook has an accompanying sports betting apps. Reading the fine print is also critical.
Register online
Vermont bettors can create a new sportsbook account very easily. Just provide a few pieces of personal information — your full name, date of birth, address, and social security number — to verify you meet the legal requirements, and you're good to go.
Claim a bonus
Online sportsbooks utilize welcome bonuses to entice new users to create an account. The most common sportsbook sign-up bonuses range from deposit match bonuses to second chance bonus bets and 'bet to get' offers. Input a promo code upon registering or making a first deposit if required.
Deposit funds
Vermont bettors cannot use credit cards to fund their accounts. To fund their accounts, bettors can use alternative payment methods, such as debit cards, ACH transfers, and e-wallets like PayPal. We advise using the same payment method for both deposits and withdrawals.
Choose your bet types
Vermont sports bettors now have access to a vast market of bet types. This includes moneylines, point spreads, Over/Unders (totals), parlays, live bets, and more across most sports betting leagues.
Start betting
The lines listed for a particular event can vary depending on which sportsbook you’re using. We suggest having accounts across multiple sportsbooks, ensuring bettors always maximize their wagers. Once VT bettors have found their preferred betting lines, place a wager and sweat out the bet.
Withdraw funds
There's no better feeling than withdrawing your winnings. As mentioned, Vermont bettors cannot use credit cards but have other options to withdraw from their accounts. It’s worth noting that a transaction fee may apply when withdrawing, so reviewing the applicable terms and conditions for each available payment option is crucial.
Reading the odds
Vermont sports betting sites and sportsbook apps use American odds. These are displayed using plus (+) and minus (-) symbols. The favorite will always be minus-money with the (-) symbol prefix before the odds, and the underdog will be plus-money with the (+) symbol prefix before the odds.
For example, the New England Patriots may be -110 favorites to beat the New York Jets, and this means a $110 moneyline wager would earn $100 in profit should New England win. On the flip side, the Jets may be +150 to win, meaning a $100 wager would earn $150 profit ($250 returned to the bettor) should the upset occur.
Be sure to use our odds calculator if you want to toggle between American, fractional, and decimal odds.
What you can't bet on in Vermont
Though Vermont has legal sports betting, the state's official sports betting catalog outlines that several niche and pop culture categories will still remain off-limits.
NFL Draft
Vermont bettors cannot partake in football's biggest off-season event, as they cannot legally bet on the 2024 NFL Draft.
Politics
Vermont regulators have declared that wagering on politics — including 2024 presidential election odds — is prohibited and will not be posted by legal sportsbooks.
esports
A wide variety of esports betting markets are available to Vermont bettors, including the World of Warcraft Arena World Championships and the Rocket League Championship Series.
What about Vermont college sports?
With no professional sports teams in the state, collegiate athletics reign supreme in Vermont. Unfortunately, it will be illegal for Green Mountain State bettors to wager on local college teams, such University of Vermont, and on player props for collegiate athletes. The one caveat is that they can place wagers during out-of-state tournaments, like March Madness.
Vermont sports betting handle
Legal Kentucky sports betting arrived on January 11, 2024 via online sportsbooks.
Check this section for Vermont sports betting handle and revenue figure updates in 2024.
Yearly breakdown
Year | Total handle | Revenue | Hold percentage | Tax revenue |
2024 | - | - | - | - |
Monthly handle
Year | Jan | Feb | March | April | May | June | July | Aug | Sep | Oct | Nov | Dec | Total |
2024 | $19.9M | $21.2M | - | - | - | - | - | - | - | - | - | - | - |
Home team advantage: Vermont sports
Though Vermont isn’t home to any professional sports teams, Green Mountain State bettors still have allegiances with their favorite teams from surrounding states. We advise eliminating regional bias and conducting thorough research before wagering on any sports market.
Review our how to bet guides for actionable intel aimed at new and intermediate bettors.
Other types of gambling
Vermont doesn’t have a wide variety of legalized and regulated forms of gambling currently in place, potentially due to the state’s small size.
Casino
Vermont has no casinos within the state — online or land-based.
Poker
No live, online, or social poker rooms are legal in Vermont. Typically associated with casino games, it’s unsurprising that the Green Mountain State doesn’t offer residents an option to play poker.
Horse racing
Horse racing is legal in Vermont, but the last horse track closed in 1992. However, those interested in wagering on horse races in Vermont can still use the FanDuel Racing sports betting app.
Daily fantasy sports
Daily fantasy sports are legal in Vermont. Interested residents can participate in daily NFL, MLB, NBA, and NHL fantasy contests on sportsbook apps like DraftKings and FanDuel. Notably, H.127 raised the DFS legal age from 18 to 21 in the state.
Quick facts: Vermont sports betting
Below is a quick breakdown of relevant and timely legal Vermont sports betting updates now that online wagering has launched:
Launch date | Jan. 11, 2024 |
Legal age for betting | 21 |
Online sports betting | Yes ✅ |
Number of betting licenses | Up to 6 |
Number of betting sites | ⭐3⭐ |
Remote registration | Yes ✅ |
Retail sportsbooks | No ❌ |
Online casino sites | No ❌ |
Online poker | No ❌ |
Retail casinos | No ❌ |
Betting on college sports | Yes (only out-of-state tournaments) ✅ |
Betting on esports | Yes ✅ |
State population | 645,500+ |
Tax rate | 20% |
State regulator | Vermont Department of Liquor and Lottery |
Last Verified | May 2, 2024 ✅ |
Responsible gaming in Vermont
Vermont's sports betting bill — H.127 — includes additional responsible gaming services and resources, as the state government prioritizes initiatives that assist those with gambling issues. They currently offer a wide range of services to raise awareness of this issue and to support those living with it.
- The Howard Center — 802-488-7777
- National Hotline — 800-522-4700
- Vermont Counselor Network
- National Council of Problem Gambling
Legal U.S. sports betting markets
By legalizing online sports betting, Vermont has joined this growing list of already legalized U.S. jurisdictions:
Upcoming legal U.S. sports betting launches
North Carolina
NC sports bettors gained access to legal online North Carolina sports betting on March 11, 2024, at noon. Registration is currently underway with several of the industry's best betting sites — FanDuel, DraftKings, bet365, and more — available for sign-up.
Florida
Legal Florida sports betting became available to all bettors on Dec. 7, 2023, with the relaunch of Hard Rock Bet. The sportsbook is available online and at three Seminole tribe casinos within the Sunshine State.
Maine
Legal online Maine sports betting sites — DraftKings and Caesars Sportsbook — began taking legal wagers on Nov. 3, 2023.
Kentucky
On March 31, 2023, Governor Andy Beshear signed the Kentucky sports betting bill. Retail Kentucky sports betting went live on Sept. 7, 2023, followed by the online operation becoming available on Sept. 28.
Potential legal U.S. sports betting markets
There are a handful of U.S. states moving toward legal sports betting. The regions listed may potentially offer legal sports gambling to those within their borders soon:
Sports betting sites in Vermont to avoid
See all blacklisted sportsbooks
Vermont sports bettors should be wary of registering with unregulated offshore sportsbooks due to their unlawful business practices that put your personal and financial information at risk of being breached.
We’d advise against using any offshore sportsbook, as there are no consumer protections with these operators, and instead wait for legal sports betting. This ensures all sportsbooks available to you are from trusted and licensed operators, mitigating all risks.
- Allegations of withdrawal issues
- No license information available on site
- Poor customer service
- Multiple reports of slow payments
- Allegations of non-payments
- Risk of account closure simply for winning bets
- Reports of confiscated winnings
- Slow customer support response times
Vermont sports betting FAQ
Yes. Sports betting is legal in Vermont as of Jan. 11, 2024.
Those 21 years and older can create an account with any of the three Vermont regulated sportsbooks — DraftKings, FanDuel, and Fanatics Sportsbook — claim bonuses and place legal sports wagers.
Yes, daily fantasy sports are legal in Vermont.
Yes, online gambling is legal in Vermont as of Jan. 11, 2024. Now, eligible VT bettors can legally place online sports bets with either of the three approved sportsbooks.
Connecticut, Maine, Massachusetts, New Hampshire, and New York are the closest legitimate legal sports betting markets.
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Carson joined Covers in March 2023 but has been following North American sports betting for the majority of his life. The Journalism major is a frustrated Raptors fan and a hopefully Detroit Lions lifer. Still, above all, he cheers for the overall sport's chaos so he can scroll the Internet's very calm and always level-headed reactions.