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Vermont Sportsbooks: Sports Betting is Live with FanDuel, DraftKings, and Fanatics

Chris Lollis
Written by: | Fact checked by: Earnest Horn
Last Updated: June 4th, 2024

Legal sports betting has officially arrived in the state of Vermont! The official online sports betting launch date was January 11, 2024, with DraftKings, FanDuel, and Fanatics Sportsbook available on the launch date.

This means sports fans across The Green Mountain State can legally bet on March Madness! Better yet, every new player can get a tremendous bonus offer from both DraftKings and FanDuel.

Best Vermont Sportsbook: DraftKings
DraftKings Sportsbook
5 out of 5
EWB Rating
Bonus Offer:
Bet $5, Get $150
In Bonus Bets - Instantly
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On DraftKings Website
AZ only. 21+. Please Gamble Responsibly. Gambling problem? Call 1-800-NEXT-STEP or Text NEXTSTEP to 53342.
Best Mobile App: FanDuel
FanDuel Sportsbook
4.8 out of 5
EWB Rating
Bonus Offer:
Bet $5, Get $200
In Bonus Bets - If Your Team Wins
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On FanDuel Website
AZ only. 21+. Please Gamble Responsibly. Gambling problem? Call 1-800-NEXT-STEP or Text NEXTSTEP to 53342.

Vermont bettors must be 21+ and present in VT. Terms and Conditions apply. Gambling Problem? Call 1-800-GAMBLER.

Continue to monitor this page as we will add every new bonus offer, from every VT sportsbook, as they are announced. At the moment, the promotions from DraftKings and FanDuel are certainly the best available in the state.

Find the latest Vermont sports betting details, including the launch date, betting rules, and more, in the table below.

Vermont Sports Betting Launch Details

Launch DateJanuary 11, 2024
Licensed SportsbooksFanDuel, DraftKings, Fanatics
Mobile Betting and RegistrationYes
In-Person BettingNo, Vermont will offer online betting only.
Legal Betting Age21+
Betting on College SportsVermont bettors can bet on college sports, however, they are not allowed to bet on in-state colleges.
FanDuel Vermont Bonus Offer  

Vermont Sports Betting Timeline

It took Vermont legislators less than six months to legalize sports betting. The process started with the introduction of House Bill 127 in January 2023, and the bill was signed by Governor Phil Scott in June 2023. Here is an overview of the complete sports betting timeline in Vermont:

  • March 2019: Vermont bill H.484 is introduced to legalize sports betting in the state, but ultimately dies in the House.
  • March 2020: Vermont bill S.59 is introduced, ultimately creating a committee responsible for researching sports betting in the state.
  • March 2023: Vermont bill H.127 is read for the first time in committee.
  • May 2023: An amended and approved version of H.127 is delivered to Governor Phil Scott.
  • June 2023: H.127 is approved and signed by Governor Scott on June 14, 2023, officially legalizing sports betting in the state.
  • December 2023: The first pre-launch bonus offers from FanDuel and DraftKings go live in Vermont.
  • January 2024: Sports betting officially goes live in the state with FanDuel, DraftKings, and Fanatics.

Vermont Sportsbooks: First Look at Early Applicants

Now, to address the question that every Vermont sports bettor wants answered, What sportsbooks are available in the state? Bill H.127 allows up to six online sportsbooks, and the state has confirmed these five operators have already applied for a Vermont sports betting license:

  • DraftKings Sportsbook
  • FanDuel Sportsbook
  • BetMGM Sportsbook
  • Fanatics Sportsbook
  • ESPN Bet Sportsbook

The application for these sportsbooks is relatively straightforward. The state law does not allow in-person betting and there are no brick-and-mortar casinos in Vermont, meaning online operators will not be required to have a brick-and-mortar sportsbook location. Though the above 5 companies applied, only 3 are live (DraftKings, FanDuel, Fanatics) in Vermont as of June 2024.

Sportsbook Taxes, Fees, and Revenue Sharing

One of the many questions Vermont taxpayers want answered is how the state will drive revenue through legal sports betting. There are two primary revenue streams, licensing fees and revenue-sharing.

Vermont charges sportsbook operators $500,000 for a sports betting license. That fee will become a smaller annual licensing fee that will be determined by the number of sportsbooks licensed to operate in the state. Bill H.127 allows for a minimum of 2 sports betting licenses and a maximum of 6.

The bill also states that Vermont will receive a minimum revenue share of 20% from every operator. It is important to note that revenue is determined after subtracting operating expenses, and it is unlikely that the sportsbooks will be profitable within the first few years of operating in the state.

Vermont Sportsbooks Confirmed

Popular Sports Teams Amongst Vermont Bettors

As part of New England, Vermont sports fans tend to identify with teams located in the greater Boston market. Specifically, the New England Patriots, Boston Celtics, Boston Red Sox, and Boston Bruins are the most popular professional sports teams in Vermont.

In 2021, Vermont lost its only professional sports team, the Vermont Lake Monsters. The Lake Monsters were one of 40 MiLB franchises eliminated by the MLB in 2021. However, the team was eventually sold to Nos Amours Baseball Club, which now runs the club as part of the Futures Collegiate Baseball League.

Perhaps the most popular in-state team in the University of Vermont Catamounts. UVM competes in NCAA Division 1 athletics, and UVM basketball and hockey tickets are amongst the hardest to find in the state.

Vermont Sports Betting Rules

The U.S. sports betting industry is heavily regulated, and Vermont is no exception. The rules regulators have put in place determine everything from the legal gambling age to the types of bets sportsbooks are allowed to offer in the state.

Perhaps the most important rules pertain to where and how you are allowed to bet. In Vermont, bettors can register and wager using any licensed sports betting website or app.

What Sports Can You Bet On in Vermont?

Vermont bettors will be able to find odds for every major professional and collegiate sport. This includes the NFL, NBA, MLB, NHL, PGA, UFC, College Football, College Basketball, and even eSports.

However, betting on in-state college teams is prohibited unless that team is competing in a national tournament. So, UVM fans will have to wait for the NCAA Tournament if they want to bet on the Catamounts.

What Types of Bets are Legal in Vermont?

There are no restrictions on the types of bets sportsbooks are allowed to offer in Vermont. This means bettors in the state will be able to place every popular bet type including spreads, moneylines, parlays, teasers, same game parlays, and live betting. That said, Vermont has banned player prop betting on all collegiate events.

Problem Gambling Resources Available in Vermont

Vermont has already created a resource center for problem gambling. This website includes a number of resources to help identify, prevent, and treat problem gambling. These include:

  • Contact information for the National Council on Problem Gambling, including a 24/7 national helpline.
  • A list of online and in-person services, as well as a directory of Vermont treatment centers.
  • An online assessment that will help you evaluate whether you or a loved one has a gambling problem.
  • A list of addiction and problem gambling counselors available in every county across Vermont.

Vermont Sports Betting FAQs

With legal sports betting being very new in the state, Vermont sports fans likely have plenty of questions about how betting will work in their state. We address a number of these FAQs below and welcome you to contact us with any other questions or concerns you may have.

Is sports betting legal in Vermont?

Yes, sports betting was signed into law in Vermont in June 2023. However, bettors had to wait for the official start of legal sports betting in the state. The official launch date was January 11, 2024.

What is the legal betting age in Vermont?

The legal sports betting age in Vermont is 18. However, some sportsbooks are expected to maintain the 21+ betting age that applies in the majority of U.S. sports betting markets.

What online sportsbooks are available in Vermont?

As of June 2024, DraftKings, FanDuel, and Fanatics are available in Vermont. Others could be added before the year is up.

Can I bet on my phone in Vermont?

Yes, all forms of online sports betting, including mobile betting, are legal in Vermont.

Which sportsbook has the top bonus in Vermont?

Right now, we like the current DraftKings bonus. New customers in Vermont enjoy the Bet $5, Get $150 deal!

Vermont bettors must be 21+ and present in VT. Terms and Conditions apply. Gambling Problem? Call 1-800-GAMBLER.

Chris Lollis

Chris Lollis is a sports betting expert that has covered the industry for more than a decade. Over that time he has covered everything from the repeal of PASPA to the state-by-state legislative changes. Chris serves as the Head of Content at EatWatchBet, and is responsible for tracking latest news and updates from every U.S. sportsbook.