The top Vermont sportsbooks – FanDuel and DraftKings
As things stand, there are just two
new sportsbooks
on the Vermont sports betting market. Fortunately, they are two of the biggest and best brands in the US – FanDuel and DraftKings.
As experts, we have tested out both of these betting sites and have provided you with a snapshot of our reviews below:
FanDuel Vermont – The top site for sports betting in Vermont
FanDuel: Pros & Cons
- $200 welcome offer
- Pro and college sports betting
- Official mobile app
- Odds boosters
FanDuel is a safe and secure sportsbook with a state-of-the-art website, a top-notch betting app and instantly recognizable blue and white branding. It offers a massive selection of US and international betting markets, with a strong focus on the NFL, NBA, MLB and other pro sports leagues.
As well as pro sports, you can also find a decent selection of NCAA collegiate sports betting markets, which are legal in Vermont. Within each sport, you can find a range of betting markets, including money lines, same-game parlays, pros and totals.
Bet $5 Get $300 in Bonus Bets if you win
Requirements (WR):
1x Deposit
DraftKings Vermont – Another VT sports betting giant
DraftKings: Pros & Cons
- Bet $5 get $200
- Rewards program
- Trusted betting brand
- Mobile and web betting
- Reduced max limits for odds boosts
Like FanDuel, DraftKings started life as a fantasy sports platform in the US. It has been offering online sports betting since 2018 when it first launched in New Jersey. Since January 2024, DraftKings Sportsbook has been live in The Green Mountain State.
You can register an account quickly and easily, and make swift no-fee deposits starting at just $5. At the other end, you can get your winnings in less than a day, depending on which withdrawal method you use. What sets it apart from its rival FanDuel is its rewards program, which is much more accessible.
Bet $5, Get $250 in Bonus Bets and 1 month of NFL+ Premium on us!
Requirements (WR):
1x Bonus
The best Vermont sportsbook bonuses
The
Vermont sportsbook promos
that FanDuel and DraftKings are currently offering their new customers are almost identical. On both sites, you can get $200 in bonus bets when you sign up and bet just $5.
- To get the
FanDuel Vermont promo, you need to sign up and deposit $10, then bet $5 of that as a single stake to get your $200 bonus bets.
- With the
DraftKings VT bonus, the minimum deposit limit is just $5. For both bonuses, your free bet tokens are non-withdrawable and must be used within seven days.
| Betting site | Welcome offer | Bonus type | Sign up here |
| FanDuel Vermont | Bet $5, get $200 | Bonus bets with 1x playthrough | FanDuel |
| DraftKings Vermont | Bet $5, get $200 | 8 x $25 bonus bets | DraftKings |
The best Vermont sports betting apps
There are two
VT betting apps
currently available to all players. The FanDuel and DraftKings apps can both be downloaded from the App Store or Google Play and offer similar services.
You will find that you can download both apps quickly and easily, and enjoy a bunch of features that enhance your overall online betting experience.
For example, the sportsbook interface automatically configures to push your preferred sports and markets to the top. Additionally, you can set up alerts, notifications and turn on the “Quick Bet” option via a toggle.
| Betting app | App Store Rating | Google Play Rating |
| FanDuel | 4.8 ⭐ | 4.7 ⭐ |
| DraftKings | 4.7 ⭐ | 4.6 ⭐ |
How to sign up with VT betting sites
The signup process for both FanDuel and DraftKings in Vermont is quick and easy. The processes for both sites are simple and there is nothing overly different worth highlighting when compared to other states.
Just follow the steps in our guide here:
- Load the website or download the app
- Click the “Sign Me Up” button
- Enter your email
- Create a username and password
- Enter the promo code (optional_
- Enter your US phone number
- Accept the T&Cs and that you are aged 21+
- Submit the form
- Enter your full name, address and other details
- Upload your photo ID and proof of address to verify your account
- Make your first deposit
- Get your welcome
betting bonuses
- Search the betting markets
- Place your first bet
Is sports betting legal in Vermont?
A bill was passed by Governor Phill Scott in 2023 that allowed online sports betting to be regulated by the
Vermont Department of Liquor and Lottery. Up to six companies are permitted to offer online sports wagering according to the bill, with just two being live as off October 2024.
Unlike in most other northeastern US states, sports betting is only available online in VT, and not in-person via retail units. Both college and professional sports wagering are legal and the age limit is 21+, as is the case in most other legal US gambling states.
Check out these reliable bookies
1.
Bet $5 Get $200 or $1000 First Bet Safety Net
Players from Virginia accepted
Bet now
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Players from Virginia accepted
3.
Bet $5 Get $300 in Bonus Bets if you win
+ Boost or Bonus every day in the Summer
Players from Virginia accepted
4.
First bet back as a bonus bet up to $1000
Players from Virginia accepted
5.
Second chance bet: Get up to $500 in Bonus Bets
Players from Virginia accepted
Vermont sports betting facts – At a glance
| 🚀 Launch date: | January 2024 |
| 🔞 Age limit: | 21+ |
| ✅ Licensed companies: | Six |
| 📱 Live betting apps: | Two |
| 🏈 Online sports betting: | Yes |
| 🛒 Retail sports betting: | No |
| 🎰 Online casinos: | No |
| 🧑🎓 College sports betting: | Yes |
| ⚖ Regulator: | Vermont Department of Liquor and Lottery |
| 🧑⚖ Sports betting tax rate: | Winnings taxed as income |
| 🧑🤝🧑 State population: | 643,503 |
| 💲 Estimated revenue: | $2 – 3 million |
| 📈 Possible growth: | $10 – 15 million |
Latest
Vermont sports betting
news
If you’re looking to keep up to date with everything that’s going on with sports betting in The Green Mountain State, we’ve got you covered here at TheGruelingTruth. Below, you can find the latest sports betting news stories affecting the Vermont scene today.
What can you bet on in Vermont?
You can bet on professional and collegiate sports in the US, as well as professional international sports leagues. Only the following two sports betting formats are restricted:
- Betting on Vermont-based sports teams (besides when they are participating in national collegiate competition)
- Betting on middle school and high school sports
As you can see from the table above, winnings from sports betting in Vermont are taxed as income. Additionally, you have to pay the federal tax on gambling winnings. Online sports betting operators also have to pay tax on their sports betting revenue.
Here is a summary of the VT sports betting taxes:
- Vermont residents must pay 6% on sports betting winnings
- Non-residents must pay 7.25% on sports betting winnings
- All sports betting winnings are subject to the 24% federal tax
- Sports betting companies are taxed 20% on their gross sports betting revenue
How we rate the best Vermont sports betting sites
A lot of thought and effort goes into the process of reviewing betting sites here at TheGruelingTruth. Here you can check out a list of the main factors that we consider when ratings the top sites in VT:
- Bonus
– First of all we take a close look at the welcome offer and test it out for ourselves.
- Usability
– We then take some time to browse through the website to test its usability.
- Mobile
– At this stage, we download and test the app and check out the mobile website.
- Payments
– We check out the range of deposit and withdrawal methods and check processing times and fees.
- Customer
service
– If you encounter a problem, it’s important to know that help is at hand.
- Licensing
– Above all else we need to ensure the site is legal and regulated in Vermont.
- Betting markets
– Perhaps most importantly, we test the range of betting markets and odds on the site.
What sports are available for betting in Vermont?
All professional US and international sports leagues and tournaments are available for betting online in Vermont. Additionally, you can also bet on collegiate sports.
However, as we briefly touched upon earlier, you can only bet on Vermont-based college sports teams when they are participating in national competitions. This is a normal exemption that is included in sports betting legislation for many other US states, including the gambling hub of New Jersey.
Betting on Vermont Catamounts
Vermont is one of 24 US states without a professional sports team representing them at the highest level. However, their University athletics association, The Vermont Catamounts, have teams that compete in several NCAA competitions.
The most popular and recently successful Vermont Collegiate squat is the Catamounts Men’s Basketball Team. They have won the America East Conference Championships nine times, most recently in 2023.
Payment methods at Vermont online sports betting sites
The most popular payment methods for Vermont sports betting are Visa and Mastercard debit cards (credit cards cannot be used for betting in VT). While these offer maximum convenience, banks sometimes charge hidden fees and they are not great for privacy.
That’s why many players instead are turning to e-wallets, such as PayPal or Venmo, or they are using their bank through Trustly or Apple Pay for extra protection. For the quickest possible withdrawals, branded Play+ prepaid cards from DraftKings and FanDuel are ideal.
You can check out a summary of the deposit limits and withdrawal processing times for the most popular sports betting payment methods in VT in the table below:
| Payment method | Min deposit | Withdrawal time |
| Debit card | $5 – $10 | 1 – 3 business days |
| VIP Preferred | $5 – $10 | Up to 3 business days |
| PayPal | $5 – $10 | Up to 2 days |
| Venmo | $5 – $10 | Up to 2 days |
| Trustly | $5 – $10 | One day |
| Apple Pay | $5 – $10 | One day |
| Play+ | $5 – $10 | Instant – 4 days |
| Online banking | $5 – $10 | Up to 5 business days |
Sports betting across the USA – Where is it legal?
Now that we’ve covered VT legal sports betting, let’s take a look at the US as a whole. Since the PASPA was lifted in 2018 following a Supreme Court ruling, individual state governments have been allowed to decide on their own online and retail gambling legislation.
Since then, 38 states have legalized online and/or in-person sports wagering in some capacity. You can find more information for these selected states right here at TheGruelingTruth:
Vermont sports betting – Conclusion
In summary, you can bet on professional and college sports in Vermont if you are aged 21 or older and located within state borders. You don’t have to be a VT state resident to create an account and place an online bet, you just have to be physically in the state.
The two live betting apps in The Green Mountain state right now are FanDuel and DraftKings. On both of these sites, you can get $200 in bonus bets when you create a new account and make a qualifying sports bet of $5 or more.
Our favorite sportsbook bonuses
1.
Bet $5 Get $200 or $1000 First Bet Safety Net
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Players from Virginia accepted
Min. Deposit: $10
3.
Bet $5 Get $300 in Bonus Bets if you win
+ Boost or Bonus every day in the Summer
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
4.
First bet back as a bonus bet up to $1000
Players from Virginia accepted
Requirements (WR): 1x Deposit
5.
Second chance bet: Get up to $500 in Bonus Bets
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Vermont sports betting FAQ
❓
Can I use DraftKings in Vermont?
Yes, the DraftKings sportsbook is now live in Vermont. You can either download the app or access the platform via the desktop website. If you sign up today and bet $5, you can get $200 in bonus bets.
🧐
Is
Vermont sports betting
legal?
Yes, a bill was passed in 2023 by the Governor that legalized online sports betting in The Green Mountain State. The first two betting apps – FanDuel and DraftKings – went live in January 2024. Only online sports betting is currently legal as of 2024, there are no retail betting shops.
🔎
Is BetMGM legal in Vermont?
While it has made its interest known, BetMGM does not yet have a license from the Vermont Department of Liquor and Lottery. However, if and when BetMGM does go live, you can find out here first: TheGruelingTruth.com.
