Vermont Sportsbook Promos: Best Sports Betting Bonuses in VT

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The launch of legal Vermont online sports betting on January 11, 2024, enables bettors in Green Mountain State to take advantage of attractive sportsbook promotions from the top online betting US providers, such as DraftKings and FanDuel.

Stay tuned to stay updated on the best sportsbook promos available in Vermont.

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Vermont Sports Betting

Vermont sports betting is legal, and the market is live as from January 11 2024. Governor Phil Scott signed HB 127 on June 14, 2023, to end the long wait for legal sports betting in the Green Mountain State.

The terms of HB 127 mean that between two and six online sportsbook licenses will be available. Sports betting is only legal online, with retail sportsbooks remaining illegal. Sportsbooks will pay tax on sports betting revenue at 20%, and sports bettors will need to be 21 years or older to place a wager.

In the period until sports betting went live in Vermont on January 11, all eyes were on the Vermont Department of Liquor and Lottery (DLL). The DLL oversees all sports betting in Vermont, including ensuring that the correct framework is in place before sports betting launches. Applications for sports betting licenses has already been taken, and we know that 3 licenses out of the six were already given to Fanatics, FanDuel and DraftKings.

Top Online Sportsbooks & Bonuses That Are Available in Vermont

DraftKings Vermont Sportsbook

DraftKings started life as a Daily Fantasy Sports (DFS) company and has grown to become one of the biggest sportsbooks in the US over the past decade. DraftKings Sportsbook now operates in over 20 states, has one of the highest-rated sportsbook apps available, and also offers a wide range of promotions with something for everyone.

  • Common DraftKings Promotions: Large deposit bonus, pools games, and multi-sport parlay boosts
  • Loyalty Program: Dynasty Rewards are earned for every bet placed and DFS tournament that you enter
  • Payment Methods: PayPal, Visa, Mastercard, Play+, PayNearMe, online banking, ACH
  • Top Features: Live streaming MLB, free-to-play pools, and welcome bonus for both high and low-rollers
  • Customer Support: Social media, live chat, and email

 

Pros
  • Brilliant welcome offer for beginner bettors
  • App combines sports betting and DFS
  • Competitive odds on all sports
Cons
  • High playthrough requirement on deposit bonus
  • No 24/7 live chat support

 


 

FanDuel Vermont Sportsbook Bonus

Starting as a DFS operator, FanDuel is now one of the biggest sportsbooks in the US. FanDuel Sportsbook is offering great bonuses for Vermont players.

  • Common FanDuel Promotions: Same game parlay boosts, generous reward a friend scheme, frequent bonus bet giveaways
  • FanDuel Loyalty Program: You can earn FanDuel Points with every bet you make. Earn more points to climb the VIP ladder and get more significant rewards.
  • Payment Methods: Mastercard, Visa, PayPal, PayNearMe, online banking, ACH
  • Top Features: Easy to use app, excellent FAQ section for beginners, lots of sports to bet on
  • Customer Support: Live chat, email, and social media
  • Overall Bonus Rating: 4/5

 

Pros
  • Intuitive mobile app that makes betting easy
  • Vast number of odds boosts
  • Exciting same game parlays
Cons
  • Few options available to withdraw funds
  • No phone customer service

 


 

How Sports Betting Promotions Work in Vermont

Our experience from reviewing legal sports betting sites in other states tells us that all Vermont sportsbooks will offer promotions and bonuses. These bonuses will come in different shapes and sizes, and we'll outline all of the best VT bonuses once details become clearer closer to the market launch date.

Bonuses are often unlocked by using a promo code. These promo codes are exclusive offers, and we will list all of the best promo code offers on this page, so make sure you bookmark this guide before sports betting in Vermont becomes available.

Types of Sports Betting Promotions Offered by Vermont Sportsbooks

Sports betting sites offer many different bonuses and promotions to attract new customers. This will be no different in Vermont; we can take advantage of these bonuses when we use Vermont online sportsbooks.

 


Sports Betting Promotions For Major Sporting Events

In Vermont, users can see specific promotions for the biggest sporting events. Fans can expect big promotions and bonus bets for the Super Bowl, March Madness, the NBA Championship, and the World Series, among other events.

Special Sportsbook Promotions for Vermont Sports Teams

There are no professional sports teams in Vermont, but residents firmly get behind teams in the local New England area. The Boston sports scene provides all of the most popular sports teams in VT. Expect to see bonus bets available in Vermont for the New England Patriots, the Boston Celtics, the Boston Red Sox, and the Boston Bruins.

Terms & Conditions For Vermont Sportsbooks

As with all sports betting bonuses in the US, Vermont promos will have terms and conditions you must consider before you claim. Here are some T&Cs you can see at Vermont online sportsbooks.

Vermont Sportsbook Bonuses Age Limit

You must be 21 or older to bet on sports in Vermont. When HB 127 legalized sports betting, it also increased the age limit to play Daily Fantasy Sports from 18 to 21 to align with sports betting rules.

Geo Location

Vermont sports betting apps will only allow you to place wagers if you are physically located within Vermont state lines. All sportsbook apps will use geolocation technology to ensure that you are located within the Green Mountain State. Any attempts to place a bet from outside state lines will be rejected.

Sign Up Offer Eligibility

Welcome bonus offers will only be available once for each sportsbook. You can open a sports betting account with multiple different sportsbooks, but you can only have one account with each. As such, you can only claim one welcome bonus per sportsbook.

Vermont Bonus Offers Limit per User

Welcome bonus offers are limited to one per user. Other bonus types, such as deposit bonuses and bonus bets, can be claimed multiple times, but this varies on a sportsbook-by-sports basis.

Wagering Requirements

Some deposit offers have wagering requirements that must be met before the bonus funds are unlocked. For example, a 20% deposit match offer will award you $200 if you deposit $1,000. If that deposit offer has a 10x wagering requirement, you will need to place $2,000 of bets until the bonus funds are converted to withdrawable cash.

Qualifying First Bet

Some promotions which offer bonus bets require a qualifying first bet to be made. A qualifying bet must meet specific criteria to qualify. This criteria varies depending on the sportsbook, but common examples include odds greater than -150, and the bet must settle within seven days of being placed.

Verified Gambling Account

You will need to verify your gambling account in order to withdraw funds. Verifying your account is simple; most good sportsbooks allow you to do this through the sportsbook app. Your account will be verified once you provide proof of ID, address, and deposit method.

Vermont Sportsbook Promo Expiry

Some bonus and promo code offers have an expiry date, so make sure you read the small print to avoid losing out. Pay particular attention to bonus bets that you receive. Depending on the sportsbook used, bonus bets often expire between seven and 30 days after being credited to your account.

Minimum Deposit and Minimum Odds Requirements

Most welcome bonus offers require a minimum deposit to be made and a first met that meets minimum odds requirements. Bonuses in Vermont will likely require a first deposit of at least $10. The minimum odds needed for any first bet will vary, but odds higher than -150 are common.

Payment Methods Limits

You will be able to deposit to Vermont sportsbooks with several different methods, including debit cards, e-wallets, prepaid cards, and online transfers. However, for some sportsbook promos, you won't be able to use specific deposit methods. The most common payment option restriction is on e-wallets.

Tax on Winnings

Tax will be payable on sports betting winnings in Vermont. If your winnings exceed $600, it is essential to declare them to the IRS, necessitating the completion of a W-2G form.. Gambling losses can be deducted from gambling winnings, so keep good records of every wager you place.

 


How Sportsbook Promotions Work in Other Legal Sports Betting States

Sportsbook promotions are used heavily in states where sports betting is legal. Online sports betting is a highly competitive industry, so sportsbook promos and bonuses are a way for betting sites to attract new customers. Promotions allow new customers to profit and extend their bankroll with prizes like bonus bets and deposit match offers. Welcome bonuses are typically the most generous bonuses, so watch out for these when legal Vermont sports betting launches.

 


Maximizing Online Betting Promotions Legally: Tips for Users in Non-Legalized States

Vermont sports bettors waited January 2024 to place a wager from within VT state lines. Now that sports betting is live in Vermont, you can bet within state lines. However, residents of the Green Mountain State can still bet on sports in other states. Vermont shares a border with New York, New Hampshire, and Massachusetts, all offering legal sports betting. You can also place a bet when crossing state lines into NY, MA, or NH. You don't need to reside in one of these states to bet there.

You don't even need to travel to a major city or town. Using licensed betting apps, you can still play as soon as you cross the border into a legal betting state as long as you have a connection.

 


Common Questions

Learn More About Online Sports Betting in the US

Since the Professional and Amateur Sports Protection Act of 1992 (PASPA) was overturned by the US Supreme Court in May 2018, the landscape of sports betting in the US has changed significantly. Each state has different laws, some only allowing certain types of bets and others prohibiting betting on particular sports. Be sure to follow any local regulations while you play.

Vermont Sports Betting Promos FAQs

Are Vermont Sportsbook Promotions Available?

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What types of betting offers will Vermont betting sites offer once legal?

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