The Top Vermont Sportsbooks
Online sports betting in Vermont is live as of January 11, 2024!
The most state to legalize online sports betting, Vermont sportsbooks have officially started to accept bets this January. The betting sites applied for licenses and have been approved, giving VT residents access to sports bets with two of the biggest names in the industry, and one emerging one!
Our experts have ranked the best Vermont sportsbooks for players, reviewing each of the three based on their bonuses, player experience, support, payment options, and more.
Which Sportsbooks are Legal in Vermont?
Here’s a look at the first three legal sportsbooks in Vermont:
- DraftKings
- Fanatics Sportsbook
- FanDuel
The Legalization of Sportsbooks in Vermont
Not long after Vermont’s House Ways & Means Committee presented H 127, a bill proposing the legalization of sports betting, both the Vermont House and Senate gave it the green light. Governor Phil Scott then signed the bill into law in June 2023, officially making sports betting legal in Vermont.
The state saw sports betting go live on January 11, 2024, marking a significant moment for Vermont bettors.
Here’s what unfolded:
- Three major operators—Fanatics Sportsbook, FanDuel, and DraftKings—successfully bid for a Vermont sports betting license and were granted approval.
- Each of these operators secured a three-year contract to offer sports betting services in the state.
Vermont Sportsbook Bonuses
The launch of legal sports betting in Vermont is great news for players because it means they can not only bet, but get top-tier sportsbook bonuses!
With the three initial betting companies fighting for new players, bettors in Vermont have three unique sign-up bonuses to choose from:
Draftkings Vermont Sportsbook Bonus
All new players receive $150 in bonus bets from DraftKings Sportsbook in Vermont when they make their first deposit. You can find out all the terms and conditions of the DraftKings Vermont bonus here.
Fanduel Vermont Sportsbook Bonus
At FanDuel, all players that sign-up and bet $5 will receive $150 in bonus bets. You can register now or read the terms and conditions o fthe Vermont FanDuel Sportsbook bonus here.
Variety of Vermont Sports Betting Options
Though just getting started, Vermont’s sportsbooks are prepared to cater to a wide audience, offering a variety of betting options from straightforward point spreads and moneylines to more complex bets like parlays and prop bets. As Vermont’s sports betting scene begins to flourish, bettors can look forward to an expanding selection of betting options and innovations.
You can also check out the list of best same game parlay sportsbooks in Vermont. SGPs are a favorite of our bettors because you can win big just by predicting what happens in a single game!
The Regulation of Vermont Online Sportsbooks
In June, Governor Phil Scott enacted legislation that brought sports betting to Vermont. This new law empowered the Department of Liquor and Lottery to establish a sports betting framework involving up to six national firms.
The arrangement with all three participating companies surpasses the minimum revenue share of 20%. Specifically, DraftKings and Fanatics Sportsbook have agreed to contribute 31% each, while FanDuel has committed to a 33% revenue share, according to Wendy Knight, the commissioner of the Department of Liquor and Lottery.
Additionally, the legislation mandates that $250,000 from this year’s sports betting revenue be allocated to the state’s problem gambling fund. Furthermore, the Department of Liquor and Lottery intends to propose an additional $250,000 be dedicated to the fund in the next fiscal year, as Knight mentioned.
Vermont Sportsbook FAQs
Here are some of the most frequent inquiries from users about online sports betting in Vermont.
Is online sports betting legal across the United States?
The legality of online sports betting varies by state. Daily fantasy sports, often seen as games of skill rather than chance, are legal in many parts of the U.S. Following the 2018 Supreme Court decision to overturn the federal ban on sports betting, states like Pennsylvania and New Jersey have fully embraced and regulated online sports betting, leading to a surge in operators entering the market.
What do I need to sign up for a sports betting account in Vermont?
Signing up for a sportsbook in Vermont is straightforward. All you need is some basic personal information including your name, address and date of birth.
Remember to look for the top promotional codes for Vermont sportsbooks to get the best deals!
How safe is it to deposit money at Vermont’s sports betting sites?
With sports betting officially legal in Vermont, depositing money at any state-licensed sportsbook is secure. The Vermont Board of Liquor and Lottery regulates these sites, ensuring safety and addressing any issues or complaints.
Can I set limits on how much I bet?
Yes, setting betting limits is a common feature offered by regulated online bookmakers and casinos. This allows players to control their gambling, setting limits that match their comfort level and gambling responsibly.
