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Vermont Sports Betting: Find the Best Legal VT Sportsbooks in 2024

Last Updated on 01/31/2024
Fact checked by: Mark Lewis

Vermont sports betting is now legal, and we’ve put together all of the essential information for you in this handy guide. Two of the top US sportsbook brands are now available to you in VT – FanDuel and DraftKings.

At both sportsbooks, you can claim $200 in bonus bets when you register and bet just $5. To be able to create an online sportsbooks account and bet in The Green Mountain State, you need to be aged 21+ and physically located within state borders. Read on to find out more and how you can get started today.

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Sportsbook of the month
FanDuel - Get your Bonus Bet now! Get your Bonus Bet now!

The best sports betting sites in Vermont

Our Top Picks
Vermont
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FanDuel
Recommended
Favicon
4.6/5
  • Well-known company
  • Excellent range of markets
  • Clever site design
FanDuel Bonus
Bet $5 Get $150 in Bonus Bets
Vermont
Players from Vermont accepted
T&Cs apply, 21+
Go to FanDuel
Visit Site
Payment Methods
PayPal
Bank Transfer
Cheque
+
Withdrawal
1 – 10 Days
Apps
License
Vermont (US)
Award
Global Gaming Awards (2022)
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DraftKings
Hot Offer
Favicon
4.6/5
  • Superb range of different sporting leagues
  • Effective in-play betting feature
  • Exciting fantasy team building
DraftKings Bonus
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Vermont
Players from Vermont accepted
T&Cs apply, 21+
Go to DraftKings
Visit Site
Payment Methods
PayPal
VIP Preferred
Play+
+
Withdrawal
1 – 5 Days
Apps
License
Vermont (US)
Award
EGR Operator Awards (2023)
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BetFanatics
Hot Offer
Favicon
4.0/5
  • Brings something new to the market
  • Solid sports betting options
  • An established name in sporting goods
BetFanatics Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
Vermont
Players from Vermont accepted
T&Cs apply, 21+
Go to BetFanatics
Visit Site
Apps
License
Vermont (US)
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Sportsbook of the month

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 Sport Betting Ohio
FanDuel: Pros & Cons
  • $200 welcome offer
  • Pro and college sports betting
  • Official mobile app
  • Odds boosters
  • No sports betting VIP

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.

FanDuel
FanDuel Sports Bonus
4.6/5
Bet $5 Get $150 in Bonus Bets
Requirements (WR):
1x Deposit
Min. Deposit:
$10
Go to FanDuel
Get Bonus
T&Cs apply, 21+

DraftKings Vermont – Another VT sports betting giant

DraftKings Sport Ohio
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.

DraftKings
DraftKings Sports Bonus
4.6/5
No Sweat First Bet up to $1,000
Requirements (WR):
1x Bonus
Min. Deposit:
$5
Go to DraftKings
Get Bonus
T&Cs apply, 21+

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 siteWelcome offerBonus typeSign up here
FanDuel VermontBet $5, get $200Bonus bets with 1x playthroughFanDuel
DraftKings VermontBet $5, get $2008 x $25 bonus betsDraftKings

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 appApp Store RatingGoogle Play Rating
FanDuel4.8 ⭐4.7 ⭐
DraftKings4.7 ⭐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:

  1. Load the website or download the app
  2. Click the “Sign Me Up” button
  3. Enter your email
  4. Create a username and password
  5. Enter the promo code (optional_
  6. Enter your US phone number
  7. Accept the T&Cs and that you are aged 21+
  8. Submit the form
  9. Enter your full name, address and other details
  10. Upload your photo ID and proof of address to verify your account
  11. Make your first deposit
  12. Get your welcome betting bonuses
  13.  Search the betting markets
  14. Place your first bet

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 February 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

DraftKings
1.
Favicon
4.6/5
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
PayPal
VIP Preferred
Play+
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
FanDuel
2.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets
Virginia
Players from Virginia accepted
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
BetMGM
3.
Favicon
4.5/5
Bet $5 Get $150 Instantly in Bonus Bets
Virginia
Players from Virginia accepted
PayNearMe
PayPal
Bank Transfer
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Bet365
4.
Favicon
4.5/5
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
At bet365 we don’t do ordinary, 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 $2000 or Bet $5 and Get $150 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+
Caesars
5.
Favicon
4.5/5
100% up to $1000
Virginia
Players from Virginia accepted
E-Check
PayNearMe
Skrill
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+

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

Betting taxes in Vermont

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 methodMin depositWithdrawal time
Debit card$5 – $101 – 3 business days
VIP Preferred$5 – $10Up to 3 business days
PayPal$5 – $10Up to 2 days
Venmo$5 – $10Up to 2 days
Trustly$5 – $10One day
Apple Pay$5 – $10One day
Play+$5 – $10Instant – 4 days
Online banking$5 – $10Up to 5 business days

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:

Colorado Sports BettingIllinois Sports BettingIndiana Sports BettingIowa Sports BettingMaryland Sports Betting
Michigan Sports BettingNew Jersey Sports BettingNew York Sports BettingPennsylvania Sports BettingVirginia Sports Betting

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

DraftKings
1.
Favicon
4.6/5
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $5
Go to DraftKings
Get Bonus
T&Cs apply, 21+
FanDuel
2.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel
Get Bonus
T&Cs apply, 21+
BetMGM
3.
Favicon
4.5/5
Bet $5 Get $150 Instantly in Bonus Bets
Virginia
Players from Virginia accepted
Min. Deposit: $5
Go to BetMGM
Get Bonus
T&Cs apply, 21+
Bet365
4.
Favicon
4.5/5
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Go to Bet365
Get Bonus
T&Cs apply, 21+
At bet365 we don’t do ordinary, 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 $2000 or Bet $5 and Get $150 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+
Caesars
5.
Favicon
4.5/5
100% up to $1000
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit
Copy
Get Bonus
T&Cs apply, 21+

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.

Top Betting Sites
Top Betting Bonuses
DraftKings
DraftKings
DraftKings Review
4.6/5
FanDuel
FanDuel
FanDuel Review
4.6/5
BetMGM
BetMGM
BetMGM Review
4.5/5
Bet365
Bet365
Bet365 Review
4.5/5
Caesars
Caesars
Caesars Review
4.5/5
BetRivers.com
BetRivers.com
BetRivers.com Review
4.5/5
BetFanatics
BetFanatics
BetFanatics Review
4.0/5
Barstool
Barstool Review
4.5/5
DraftKings
DraftKings Bonus
No Sweat First Bet up to $1,000
T&Cs apply
4.6/5
FanDuel
FanDuel Bonus
Bet $5 Get $150 in Bonus Bets
T&Cs apply
4.6/5
BetMGM
BetMGM Bonus
Bet $5 Get $150 Instantly in Bonus Bets
T&Cs apply
4.5/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
T&Cs apply
4.5/5
At bet365 we don't do ordinary, 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 $2000 or Bet $5 and Get $150 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+
Caesars
Caesars Bonus
100% up to $1000
T&Cs apply
4.5/5
BetRivers.com
BetRivers.com Bonus
100% up to $500
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BetFanatics
BetFanatics Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
T&Cs apply
4.3/5
Barstool Bonus
T&Cs apply
4.5/5
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Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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