Best Vermont Sportsbooks: VT Sports Betting Apps November 2024

Closer Look at the Best Online Sportsbooks in Vermont

1. FanDuel Sportsbook

Best for: Mobile app

FanDuel is, by market share, the most popular sportsbook in the US. If you're looking to be part of the top community in Vermont, go with FanDuel.

FanDuel has a great welcome offer for new Vermont bettors. If you make a deposit and place your first bet of just $5 or more and that bet wins, you’ll receive $150 in bonus bets. 

It’s a great offer and the perfect way to ease yourself into the new industry in the Green Mountain State. 

Apart from their welcome offer, FanDuel is an extremely impressive platform across the board. The range of betting markets is up there with the best, deposit and withdrawals are very smooth, and the software is nice and user friendly. To top it off, FanDuel has our favorite (and the best-reviewed) mobile app in the country.

Check out our complete review of FanDuel Sportsbook.

💰Sign-up offer: Bet $5, Get $150 in Bonus Bets if Your Bet Wins.

FanDuel Sportsbook Ratings

⭐ WSN Rating: 4.5/5
⭐ Apple App Store: 4.8/5
⭐ Google Play Store: 4.7/5
⭐ Trustpilot: 1.3/5

Claim Your FanDuel Sportsbook Bonus

Is Sports Betting Legal in Vermont?

Sports betting went live in Vermont on Jan. 11, 2024. 

Gov. Phil Scott signed Vermont’s sports betting bill - HB 127 - into law on June 14, 2023. The bill allows for up to six online sportsbooks in the state, with no allowances for retail betting. Betting on college sports and Daily Fantasy Sports will also be legal under the laws. 

The industry is to be overseen by the Department of Liquor and Lottery, which invited potential sportsbooks to apply for licenses in late 2023. Five sportsbooks applied. FanDuel, DraftKings, and Fanatics were ultimately successful, while BetMGM and ESPN Bet were unsuccessful.

How to Get Started

Pre-registration for Vermont sportsbooks is already open, and the process is very straightforward. Sportsbooks are legally required to gather more or less the same information about their users in every state, so signing up is fairly predictable. Here’s our beginner-friendly guide to sign up and start betting in Vermont:

• Choose a legal sportsbook. There are three licensed sites available in Vermont, and more are likely to arrive down the line. We strongly recommend you avoid playing at unlicensed, unregulated offshore sites, which are risky and unpredictable. 

• Create your account. You’ll need to provide some personal information, including your name, email address, date of birth, address, and SSN. Your identity must be verified to legally bet in Vermont to ensure you are over 21 years old and allowed to gamble. To complete this process, you may need to also include a copy of your ID.

• Claim your bonus. There are different ways to trigger a welcome bonus, including using promo codes, making a qualifying deposit or sometimes simply creating an account. Check out our reviews for more instructions, to get the latest codes if needed, and to make sure you don’t miss out.

• Deposit some money. Vermont sportsbooks offer a variety of digital-friendly deposit methods to top up your account, including bank transfers and e-wallets. However, according to Vermont’s sports betting laws, credit card deposits are not allowed. 

• Place your bets. You can browse through the different sports and betting markets to find what you want to bet on. Click the bet to add it to the digital bet slip, type in your stake, and click the button to confirm. 

Vermont Sportsbook Bonuses and Promotions

It’s early days for the sports betting industry in Vermont, but we’re expecting to see the full range of sports betting bonuses we’ve come to know from other states available in the Green Mountain State, too. In this section, we’re running through the most popular welcome offers for bettors in Vermont.

Bonus Bets Bonus

Bonus bets are like betting vouchers, which sportsbooks hand out to encourage people to sign up and start betting. Normally, you’ll need to sign up, make a deposit, and make a qualifying first bet in order to trigger your bonus bets. If you win with a bonus bet, you get to keep the winnings only.

Second Chance Bet

This welcome offer mitigates a lot of risk when you first sign up. All you need to do is register and place your first bet. If it loses, you’ll get a full refund in the form of a bonus bet or bets of the same value. If it wins, you effectively don’t get a welcome bonus, but at least you’ve won your first bet!

Deposit Match Bonus

In this case, the sportsbook will match some or all of your first deposit up to a maximum amount. Basically, it means you normally get to start with double the bankroll. The matched portion comes in the form of bonus bets or site credits, and you can’t withdraw it until you’ve used it to bet. 

No Deposit Bonus

This is any kind of promo or bonus that the sportsbook hands out with no need for you to spend any of your own money. Usually, you’ll receive a small bonus bet of $10 or $20 in exchange for registering with the sportsbook. No deposit bonuses can potentially lead to you winning real money without ever putting your hand in your pocket. 

What Mobile Apps Are Available in Vermont?

Each of the three sportsbooks poised to launch in Vermont on Jan. 11 will do so with mobile apps ready to go on both iOS and Android. Check out the list below:

1. FanDuel - 4.8/5 (iOS); 4.7/5 (Android)

2. DraftKings - 4.8/5 (iOS); 4.6/5 (Android)

3. Fanatics - 4.7/5 (iOS); 3.7/5 (Android)

What Betting Markets Are Available in Vermont?

Vermont sports gambling will launch with a full menu of betting markets and no restrictions on what you can bet on in major pro sports. We’ve got a rundown of all the different ways to bet in the Green Mountain State below.

Moneyline

Moneyline bets are a simple bet on which team will win a game. They are just about the simplest and most popular way to bet on sports in the US. The sportsbook assigns each side of the bet odds according to their likelihood of winning. Here’s how it might look:

• LA Lakers (+170)

• Minnesota Timberwolves (-210)

With moneyline odds, the team with the plus sign in front of their odds is always the underdog, which in this example is the Lakers. +170 means you would need to bet $100 in order to win $170, for a total payout of $270. The favorite is the team with the negative odds, in this case the Timberwolves. -210 means that a $210 bet would win $100 for a return of $310.

Point Spread Bets

Betting on the spread is about betting not just on the winner but also on the margin of victory. The sportsbook sets a line of points, and to win your bet on either side, they need to cover the spread. If you’re betting on the underdogs, that means you can still win your bet even if they lose the game, provided they cover the spread. The odds are generally close to -110 for both sides. 

Here’s what it looks like:

• LA Lakers +5.5 (-110)

• Minnesota Timberwolves -5.5 (-110)

In this case, the spread is set at 5.5 points. If you bet on the Lakers, they need to get within 5 points of the Timberwolves for you to win your bet. Losing by a couple of points would be enough, for instance. To win a bet on the Timberwolves, they need to beat the Lakers by six points or more. 

Totals

This is a bet on the total number of points scored in a game by both teams. The winning side is not relevant. Here’s what it looks like:

LA Lakers vs. Minnesota Timberwolves 

• Over 224.5 (-110)

• Under 224.5 (-110)

All you need to do is select the Over or the Under, depending on how many points you think will be scored in total. Again, the odds for both sides of the bet tend to start at -110. 

Futures

A futures bet is simply a bet on an outcome a long way in the future rather than the next game in a competition. Normally, we talk about futures in relation to the winners of tournaments and competitions, like picking the winner of the Super Bowl or the US Open in tennis. 

Prop Bets

Proposition bets or props, are bets on things that happen in a game, which don’t necessarily determine the overall outcome. The most common props are based on the performance of specific players or teams in a certain statistical category. For instance, betting on rushing yards in the NFL, total points in the NBA or yellow or red cards in soccer. 

Live Betting

This is simply betting on games as they happen, with the odds changing second to second depending on what is happening on the field. It’s a dynamic and exciting way to bet, with big swings in the odds possible from moment to moment. Most sportsbooks provide live text or graphical updates from games in their live betting sections, and some actually let you stream the game live right there on the platform. 

What Can’t You Bet On in Vermont?

The sports betting laws in Vermont include some betting restrictions:

• Using credit cards to fund your sportsbook account is not legal.

• Sports betting in Vermont will be online only, with no retail sportsbooks.

• You can’t bet on in-state college teams.

• Betting on high school sports is not legal.

Can You Bet on College Sports in Vermont

Yes, betting on college sports is legal in Vermont. However, there is an exception: you can’t bet on on-state college programs (like the Vermont Catamounts for instance), unless they are playing in an out-of-state multi-team tournament, like March Madness for instance. 

The Catamounts are the only NCAA Division 1 program in the state. 

Vermont Sports Betting Facts

How Does Vermont Online Sports Betting Compare to Other States?

Sports betting has not officially launched in Vermont yet, so it’s difficult to compare the industry to those of other states. However, there are some quirks around the sports betting laws in Vermont that make it stand out. 

For one, Vermont is set to become an online-only sports betting state, with no retail betting at all. This also means that sportsbooks don’t require a physical partner and instead petition the Department of Liquor and Lottery directly to receive a license. 

Bettors in Vermont will also be banned from using credit cards to fund their accounts, pointing to high levels of awareness of consumer protection. 

Vermont is bordered by two legal sports betting states. To the west is New York, which has quickly become the largest sports betting industry in the country. To the east is Maine, which is probably a more instructive comparison for Vermont. 

Maine sports betting went live in November 2023, with an online tax rate of 16% compared with Vermont’s 20%. By the end of the year, Maine had hit $40 million in handle. 

Vermont Sports Betting Updates

Legal sports betting in Vermont is finally expected to become a reality in January 2024. Check out the timeline below to see how we got to this point:

• Aug. 13, 2024 - DraftKings gave up on its plan to add surcharges to winning bets in Vermont, Illinois, New York, and Pennsylvania.

• Aug. 2, 2024 - DraftKings announced plans to implement a “gaming tax surcharge” on users in Vermont and three other states starting on Jan. 1. The sportsbook is adding the charge in states with tax rates above 20%.

• June 17, 2024 - Fanatics updates its welcome offer, still allowing players to score up to $1,000 in bonus bets while giving new players a five-day window to earn up to $200 in bonuses daily.

• May 26, 2024 - Vermont's handle dips below $20 million in April, which the the lowest number since launching in January. 

• April 16, 2024 - Vermont sports betting handle fell to $19.9 million in March, down 6% from February.

• April 9, 2024 -  Vermont sees $21 million handle in first full month of legal sports betting. 

• March 12, 2024 - Vermont bans college player prop betting, joining Maryland and Ohio as the only U.S. states to prohibit this bet type. 

• Feb. 16, 2024 - Vermont sports betting revenues reach $1.1 million during its first month of legal sports betting.

• Jan. 11, 2024 - Legal sports betting in Vermont launched on Jan. 11, 2024. VT bettors can now use FanDuel, DraftKings, and Fanatics sportsbooks.

• Dec. 20, 2023 - The new catalog of sports betting options has been released.

• Dec. 12, 2023 - Regulators announce that sports betting will launch on Jan. 11, 2024. The same month, it is announced that FanDuel, DraftKings and Fanatics have been successful in their applications.