Vermont Sports Betting: The Best VT Sports Betting Sites in 2024

Written by: Richard Janvrin |✅Fact Checked and Updated March 2024 by: Michael Savio

Vermont State Blue Silhouette

Located in New England bordering New Hampshire, New York, and Massachusetts, Vermont has joined its neighbors in launching a regulated online sports betting market.

The first steps towards sports betting coming to Vermont came in 2019, but it failed to gain traction in the state legislature. Almost four years later, the market went live with three online sportsbooks.

Below, USA Legal Betting will explain how sports betting became legal, the latest news, the language within the law, and information on all three sportsbooks operating in Vermont.

Top Vermont Sports Betting Sites and Promos

1

New players only | 21+ | Must bet $10+ | Paid in Bonus Bets | Bonus Bets expire in 7 days | Bonus Bets not included in winnings | Full T&C apply

2

New players only | 21+ | Must deposit $10+ | Use bonus code SPORTS | Free Bet expire after 14 days | Free Bet not included in winnings | Full T&C apply

3

New players only | 21+ | Deposit required. Bonus Bets available for use upon settlement of qualifying bet. Returns exclude Bonus Bets wager.

4

Must be 21+ and physically present in AZ, FL, IN, NJ, OH, TN or VA to play. Terms and conditions apply.

All Live Vermont Sportsbooks 2024

  1. DraftKings Sportsbook VT - 🙋‍♂️ Elite Customer Service
  2. Fanatics Sportsbook VT - 🎁 Best Vermont Rewards Program
  3. FanDuel Sportsbook VT - 💸 Most Valuable Vermont Promotions

Ranking The Vermont Online Sportsbooks That Are Live

DraftKings Sportsbook Vermont - Go-To Place for Player Prop Betting

DraftKings Sportsbook

Whether in Vermont or any other DraftKings legal states, you’ll be exposed to online sports betting, casino play in VT, and daily fantasy sports. As for sports betting, you’ll be introduced to the best player prop betting market. It’s the best prop betting market for odds and the depth of how many players can be wagered on per game. Some intriguing payment methods include a DraftKings Gift Card, which can be purchased at popular retailers.

Sign Up Offer$1,000 No Sweat Bet
DraftKings Promo CodeN/A
Minimum Betting Age21
App PlatformsiOS and Android
How It's ListedDraftKings Sportsbook
Available StatesAZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, ME, MI, NH, NJ, NY, OH, OR, PA, TN, VA, VT, WA, WV, WY
Retail Partnerships (Sports Team)N/A
Retail Partnerships (Casino)N/A
Other PartnershipsMLB, NASCAR, NBA, NHL, PGA TOUR, PLL, and UFC
Launch DateJanuary 2024
DraftKings Review

Fanatics Sportsbook Vermont - Best Vermont Rewards Program

Fanatics Sportsbook

Fanatics is the newest partner of the Vermont Lottery. If the name sounds familiar, it's because Fanatics is the top sports memorabilia retailer online. Fanatics also purchased PointsBet USA, another top online sportsbook in the country. While playing at Fanatics, you can accumulate resources known as FanCash, which can be used to make purchases at Fanatics Sportsbook.

Sign Up OfferBet $100, Get $100 in Bonus bets Every Day for 10 Days
Fanatics Promo CodeN/A
Minimum Betting Age21
App PlatformsiOS and Android
How It's ListedFanatics Sportsbook
Available StatesCO, CT, KY, MA, MD, OH, TN, VA, VT, PA, IA, WV
Retail Partnership (Sports Team)N/A
Retail Partnership (Casino)N/A
Other PartnershipsN/A
Launch DateJanuary 2024
Fanatics Review

FanDuel Sportsbook Vermont - Most Valuable Vermont Promotions

FanDuel Sportsbook

FanDuel is a lot like DraftKings in that, in Vermont, you’ll have online sports betting and casino play. FanDuel traditionally offers DFS play, but they exited the VT market in 2022 due to their regulations. Player props are also available here, but Betting 101 is an excellent guide that assists new players with text and video help. New players will receive $150 in bonus bets when they wager just $5. For depositing funds, there are several methods to choose from, including PayPal, Venmo, and the FanDuel Prepaid Play+ Card. The welcome bonus is available in all legal FanDuel states.

Sign Up OfferBet $5, Get $150 in Bonus Bets
Fanduel Promo CodeN/A
Minimum Betting Age21
App PlatformsiOS and Android
How It's ListedFanduel Sportsbook & Casino
FanDuel StatesAZ, CO, CT, D.C., IL, IN, IA, KS, KY LA, MD, MA, MI, MS, NJ, NV, OH, NY, PA, TN, VA, VT, WV, WY
Retail Partnership (Sports Team)N/A
Retail Partnership (Casino)N/A
Other PartnershipsN/A
Launch DateJanuary 2024
FanDuel Review

Vermont Sports Betting: Latest News

📰 June 6, 2024: Vermont betting revenue hit all-time low in April.

📰 January 11, 2024: FanDuel, DraftKings, and Fanatics all launch their online sportsbooks in Vermont.

📰 September 15, 2023: BetMGM, FanDuel, Fanatics, DraftKings, and Penn all submit applications for sports betting licenses.

📰 July 24, 2023: Vermont’s Department of Liquor and Lottery (the governing body overseeing sports betting) requested sportsbook proposals to come in. 

📰 July 18, 2023: Rules for sports betting have been approved, and a launch before the end of the year is possible.  

📰 June 27, 2023: A draft of the rules is completed as regulators push for a quicker launch.  

📰 June 14, 2023: Following some amendments to House Bill 127, Governor Phil Scott signs it into law.  

📰 May 4, 2023: H127 passes in the Senate pending approval of amendments by the House.  

📰 May 2, 2023: H127 is on the Senate agenda for a final vote.  

📰 March 24, 2023: H127 cleared a legislative chamber for the first time. It passed in the House and was backed by the governor. It then headed off to the Senate.  

📰 February 2023: H127, introduced by Rep. Matthew Birong, begins moving through the statehouse.  

📰 June 8, 2021: Vermont passes H313. This includes an amendment to alcohol beverage laws and a study on sports betting.  

📰 February 11, 2021: Sen. Dick Spears introduced Senate Bill 77, which would bring sports betting to the state, but it didn’t go beyond the Committee on Economic Development, Housing and General Affairs.

How Did Vermont Sports Betting Become Legal?

After a few attempts, H127 became the bill that brought sports betting to Vermont. Considering PASPA was overturned in May 2018 and the first sport betting bills were introduced in 2019, the speed at which H127 became a reality is impressive. Rep. Matthew Birong introduced it in February 2023, and by June 15, the governor signed it into law.

In March 2023, H127 passed in the House and has been backed by the governor since. It passed in the Senate on May 4, 2023, but some amendments were required.

If we rewind a bit, we can thank Senate Bill 59 for the legalization. This bill created a sports betting study committee, which helped lay out the groundwork for H127, which probably had much to do with its fast passage through the proper legislative channels.

The amendments included technical changes, such as removing and revising sentences.

Vermont Betting Law

Now that sports betting is legal in Vermont, what does the language of H127 look like?

Sports betting in Vermont is to be overseen by the Vermont Department of Liquor and Lottery. Per the bill, this governing body can determine the tax rate case-by-case with operators instead of a fixed number.

The bill also permits online-only betting, joining Tennessee and Wyoming in rejecting retail betting.

For online sports betting in Vermont to operate, there must be at least two, but no more than six, online sports betting apps. There are no retail locations allowed to offer sports betting.

The mobile operators in the state will be charged an annual licensing fee. The first year costs $550,000, but the rate beyond that hasn’t been declared yet.

Vermont residents will have their winnings taxed at a 6% rate for in-state players, while out-of-state bettors must be 7.25%.

There are clauses related to Responsible Gaming, too—no less than $250,000 annually will be put into the Responsible Gaming Special Fund.

College sports betting is allowed in Vermont, though in-state teams are prohibited unless part of a tournament.

Vermont's required age to wager is just 18 years old, but online sportsbooks have the right to enforce a 21+ policy. We saw this recently in Kentucky. They made the legal age 18, but Caesars is enforcing a 21+ policy.

Who Will Regulate Sports Betting In Vermont?

Sports gambling in Vermont will be overseen by the Vermont Department of Liquor and Lottery. It will determine tax rates for individual bookmakers instead of a flat rate.

Will Vermont Sportsbooks Be Available on Mobile Apps?

Yes. All three of the legal online VT sportsbooks—DraftKings, FanDuel, and Fanatics—have mobile apps that you can use to make wagers from anywhere in the state.

How Do I Use A CT Sportsbook Mobile App?

If you want to use betting apps when wagering on sports in Vermont, that’s certainly something you can do without issue. Here’s how to get started using them.  

Registration: You can download Vermont betting apps from the Apple App or Google Play Store (depending on your device). From here, click the icon on your device and create an account.
Depositing Funds: After you’ve created your account on your VT betting apps, you’ll find a link in the upper right of the page to add funds to your account.
Placing Bets: Once your account and bankroll are set, head back to the homepage, browse the various sports and games, and add what you want to bet to your bet slip. From here, you’ll decide how much money you want to wager on each event.

Retail Sports Betting in Vermont

There will be no retail sports betting in Vermont.

How Does Sports Betting in VT Compare to Other States

With Vermont becoming the latest New England state to offer sports betting, let’s compare it to the nearby legal sports betting states to see how they all compare.  

Connecticut State Black SilhouetteConnecticut Sports Betting

Connecticut sports betting has been available since October 2019, but there are just two online sportsbooks in the state today after PlaySugarHouse and the state lottery ended their partnership. Vermont will have no less than two but will have up to six. Vermont appears slated to be more involved in sports betting than Connecticut, which houses FanDuel and DraftKings.    

Maine State Black SilhouetteMaine Sports Betting

Like Vermont, Maine sports betting recently launched. The state features just two online sportsbooks: Caesars and DraftKings. Caesars was set to be the only sportsbook, but DraftKings applied at the last minute to go live in the state in November. Online sportsbook operators are taxed at 16%, while retail locations are taxed at 10%.  

Massachusetts State Black SilhouetteMassachusetts Sports Betting

Launching online in March 2023, Massachusetts sports betting has been a great success. There are eight online sportsbooks, two more than Vermont can ever have. The tax rate is 10%, and the law allows up to 15 licenses.  

New Hampshire State Black SilhouetteNew Hampshire Sports Betting

New Hampshire sports betting is available but has a monopoly-like deal with DraftKings. It has three retail betting locations, and the tax rate is 51%.  

Rhode Island State Black SilhouetteRhode Island Sports Betting

Like New Hampshire, Rhode Island sports betting is also limited to just one online sportsbook. This one is run by the state lottery in collaboration with William Hill and IGT. The lone sportsbook here is Sportsbook Rhode Island.

Are Online Casinos Legal in Vermont?

No. Online casinos aren’t legal in Vermont. There aren’t any commercial or tribal casinos in the state either.

VT Sports Betting FAQs

Is sports betting legal in Vermont?

Yes. Sports betting became legal in Vermont in June 2023 and launched on January 11, 2024.

Can I bet on sports online in Vermont?

Yes! Sports betting three online sportsbooks on January 11, 2024.

Where can I bet on sports in Vermont?

You can place wagers using one of Vermont's three online sportsbooks: FanDuel, Fanatics, and DraftKings.

How old do I have to be to bet on sports in Vermont?

To bet on sports in Vermont, players must be 18 years old, though most sportsbooks have set their minimum age at 21.

Do I have to be a Vermont resident to make a bet?

No. To place a bet in Vermont, you must be within the state's borders.

How do I deposit at a Vermont sportsbook?

To deposit at one of the three VT sportsbooks, you’ll typically find a link in the upper right corner of the screen after logging in. Here, you’ll choose the amount and desired payment method.

What are VT sports betting tax rates?

In-state residents are subject to a 6% tax, while out-of-state bettors will pay a 7.25% tax.

What types of sports bets can I bet on in Vermont?

Moneyline, point spread, totals, parlays, teasers, props, futures, and more. Horse betting is currently available.

What are Vermont sports gambling tax rates?

The state of Vermont can impose tax rates on a case-by-case basis for online sportsbooks.

Are daily fantasy sports contests legal in Vermont?

Yes. Daily fantasy sports are available in Vermont.

Is live betting available in Vermont?

Sports betting launched in Vermont on January 11, 2024. Fanatics, FanDuel, and DraftKings all have their sportsbooks live in the state.

Is DraftKings legal in Vermont?

Yes, DraftKings Sportsbook is available to Vermont bettors.

Is FanDuel legal in Vermont?

Yes, FanDuel Sportsbook is available to Vermont bettors.