Top Vermont Sports Betting Sites: Best Sportsbooks in Vermont for 2024
Legal sports betting has arrived in Vermont, and residents can now access three of the top U.S. betting sites along with exclusive Vermont sportsbook promotions.
| Sportsbook | Bonus | Availability | Claim Offer |
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$1,000 First Bet on CaesarsTerms & conditions apply |
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20% Deposit Match up to $1,000New customers only. Deposit min. $5. Place daily first bet of min. $5 and get up to a $100 bonus bet for 10 consecutive days. Daily bonus issued within 72 hours. |
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First Bet Offer up to $1500Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER. |
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Deposit $50 play with $100Terms & conditions apply |
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Claim Offer
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Vermont sports betting updates
Here’s a summary of recent Vermont sports betting updates:
- Aug. 13, 2024: DraftKings decides against imposing surcharges on winning bets in Vermont, Illinois, New York, and Pennsylvania.
- July 16, 2024: Vermont reports a record low for sports betting handle and revenue, with June's revenue below $1 million on a $10.05 million handle.
- May 26, 2024: Vermont's sports betting handle falls below $20 million in April, marking the lowest since the January launch.
- April 9, 2024: Vermont's first full month of sports betting generates $21 million in handle.
- March 12, 2024: Vermont bans college player prop betting, joining Maryland and Ohio in this restriction.
- Feb. 15, 2024: A new bill, H.857, is introduced in Vermont to regulate gambling-related advertising.
- Jan. 11, 2024: Vermont launches legal sports betting with three sportsbooks—FanDuel, DraftKings, and Fanatics Sportsbook—accepting their first bets.
- Jan. 10, 2024: Covers' Brad Senkiw provides a comprehensive guide ahead of Vermont's sports betting launch.
- Dec. 19, 2023: Covers' Geoff Zochodne explains Vermont's choice of online sports betting sites despite eligibility for additional operators.
- Dec. 18, 2023: Vermont's Board of Liquor and Lottery publishes a sports betting catalog with over 70 sports.
- Dec. 13, 2023: Vermont's legal sports betting is set to begin on Jan. 11, 2024.
- Dec. 12, 2023: Vermont regulators announce the official launch date for sports betting.
- Dec. 11, 2023: The state's upcoming sports betting launch is hinted at in the request for operator proposals.
- Nov. 8, 2023: Vermont adjusts background check rules for sportsbook operators.
- Sept. 13, 2023: Five operators submit bids for Vermont sports betting licenses.
- July 25, 2023: Deadline for potential sportsbook operators to submit proposals for Vermont sports betting.
- July 17, 2023: Vermont regulators approve new sports betting rules.
- July 12, 2023: Vermont's Department of Liquor and Lottery reviews enhanced sports betting procedures.
- July 6, 2023: Vermont regulators prepare to issue RFPs to increase competition among operators.
- June 14, 2023: Governor Phil Scott signs Vermont's sports betting bill into law.
- May 31, 2023: Approval of H.127 clears the path for the Governor to sign the sports betting bill.
- May 9, 2023: Vermont House approves H.127 with Senate amendments, targeting a January 2024 launch.
- March 2023: H.127 passes the Vermont House, with gubernatorial support.
- February 2023: H.127 advances in committee, proposing up to six online sportsbooks.
- December 2022: Vermont publishes a sports betting study recommending legalization and regulation by the Department of Liquor and Lottery.
- September 2021: Senate Bill 77 introduces a sports betting study.
- 2019: House Bill 494 is introduced but fails to progress.
- May 14, 2018: The Supreme Court strikes down PASPA, allowing states to legalize sports betting.
- 1992: PASPA is enacted, limiting state rights on sports betting.
- 1960: Vermont legalizes horse racing betting.
Is sports betting legal in Vermont?
Yes, sports betting is legal in Vermont. It officially launched on January 11, 2024, making Vermont the 38th state in the U.S. to legalize sports betting. Governor Phil Scott signed the sports betting bill, H.127, into law on June 14, 2023, allowing for the operation of online and mobile sportsbooks.
Under the law, Vermont's Department of Liquor and Lottery oversees sports betting, issuing licenses to online sportsbooks. DraftKings, FanDuel, and Fanatics Sportsbook were the first operators approved to offer services in the state.
Key regulations include:
- Bettors must be at least 21 years old.
- Bets can only be placed by individuals physically located within Vermont.
- Wagering on Vermont college teams is restricted, except for out-of-state tournaments.
- Credit cards cannot be used to fund online betting accounts.
- The legal age for participating in daily fantasy sports has been raised from 18 to 21.
The law imposes a 20% revenue tax on sportsbook operators.
Who can bet on sports in Vermont?
Anyone aged 21 or older and physically present in Vermont is allowed to place sports bets within the state. Bettors can use mobile sports betting apps to place wagers online, as Vermont does not currently have retail sportsbooks.
Here's what you need to know before making your first sports bet in Vermont.
Minimum Age
You must be at least 21 years old to legally place a sports bet in Vermont.
Mobile Betting
Bets can be placed via three top mobile sports betting apps: FanDuel, DraftKings, and Fanatics Sportsbook. Vermont currently allows up to six licensed sportsbooks, so additional platforms may enter the market in the future.
Remote Registration
Remote registration allows Vermont residents to sign up and start betting online without needing to visit a physical location. This makes it easy to get started from anywhere within the state.
In-State Betting
Vermont sportsbooks use geolocation technology to confirm users' locations. As long as you are within state borders, you can place legal sports bets online.
Retail Sportsbooks
Vermont currently does not offer any brick-and-mortar sportsbooks. All sports betting in the state is conducted online through licensed sportsbooks.
Taxable Winnings
Winnings from sports betting in Vermont are subject to both state and federal taxes. Vermont residents are taxed at a 6% rate, while out-of-state bettors face a 7.25% tax. All gambling winnings are also subject to a 24% federal tax.
The pros and cons of Vermont sports betting
After years of anticipation, Vermont officially joined the ranks of states with legal sports betting on January 11, 2024. Green Mountain State bettors now have access to online sports wagering, daily fantasy sports contests, and pari-mutuel horse race betting.
Access to three online sportsbooks- Daily fantasy sports contests permitted
- Pari-mutuel horse race betting is legal
- No retail sportsbooks
- No physical horse tracks despite horse racing betting being legal
What you can't bet on in Vermont
Although sports betting is legal in Vermont, the state's official sports betting catalog outlines several categories that remain off-limits for bettors.
NFL Draft
Vermont bettors cannot partake in football's biggest off-season event, as betting on the 2024 NFL Draft is not permitted.
Politics
Wagering on political events — including the 2024 presidential election — is prohibited by Vermont regulators.
Entertainment award ceremonies
There is no legal betting on entertainment awards, such as the Oscars or Grammys, in Vermont.
esports
Vermont allows betting on a wide variety of esports markets, including the World of Warcraft Arena Championships and Rocket League Championship Series.
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.
