Vermont Sportsbook Promos: Latest Updates on Sports Betting Bonuses in VT
By Ziv Chen | Fact Checked By: Chris Spiteri | Last Updated: January 11 2024
Are Legal Sports Betting Promotions Available in Vermont?
- 1
Established 2009Must be 21+ to participate. T&Cs apply.'Operator of the Year' 2021MLB Same Game Parlay $20 RefundsOfficial Partner of the NFL, NBA, NHL, & MLBnot requiredPromo Code
The code required to claim this sign-up bonus (if any)Live Streaming
Is there live streaming of sporting events?YesIn-Play Betting
The number of sports with in-play betting available18Bet Builder
Can you create your own personalised bets?YesCash Out
Can you cash out of bets before an event has finished?YesFirst Bet OfferYesFanDuel is one of the biggest sportsbook operators in the US. Backed by Flutter Entertainment, one of the biggest gambling operators globally. - 2
Established 202221+, terms apply, 1800-GAMBLER - 3
Established 2012Must be 21+ and located in Vermont to participate. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Latest US Gambling Promotions
Latest Status on 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. FanDuel and DraftKings are now available in Vermont.
Top 5 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
- 💯 Overall Bonus Rating: 5/5
FanDuel Vermont Sportsbook Bonus
Starting as a DFS operator, FanDuel is now one of the biggest sportsbooks in the US, available in 20 states. FanDuel Sportsbook is offering a Bet $5, Get $200 in bonus bets for Vermont.
- 🔥 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
BetMGM Vermont: $1,000 First Bet Offer
BetMGM is owned by MGM Resorts International, the company behind the incredibly successful MGM Grand Casino in Las Vegas. Entain, a global gambling giant behind brands like Ladbrokes and bwin, also operates the betting site.
BetMGM Sportsbook operates in over 20 states and offers customers one of the best mobile betting experiences. BetMGM also provides a generous insured bet welcome bonus. With DraftKings you can Bet $5 and get $200 in bonus bets. BetMGM provides users with a wide range of sports markets to wager on and excels in MLB live streaming options.
- 🎁 Potential BetMGM Offer: $1,000 in bonus bets
- 🔥 Common BetMGM Promotions: Parlay boosts, multi-sport boosts, sport-specific events
- 🏆 BetMGM Loyalty Program: MGM Rewards is a long-standing rewards program offering rewards like bonus bet credits, restaurant vouchers, and hotel stays
- 💳 Payment Methods: Visa, Mastercard, PayPal, Play+, PayNearMe, ACH, online transfer
- ⭐ Top Features: Excellent live betting options, frequent promotions including parlay insurance, and odds boosts
- 📞 Customer Support: FAQs, live chat, email
- 💯 Overall Bonus Rating: 4/5
Caesars Vermont: Up to $2,500 bonus bet offer
Representing the Caesars Entertainment name, Caesars Sportsbook operates in 20 states, making it one of the biggest sportsbooks in the US. Caesars offers users daily promotions, frequent odds boosts, and world-class betting apps that make wagering on the go easy. We particularly like the live-streaming options, including exclusive coverage of NFL Sunday games.
- 🎁 Potential Caesars Offer: Up to $1,250 bonus bet offer - if your first bet loses, get the value of your first bet back in bonus bet credits
- 🔥 Common Caesars Promotions: Super parlay boosts, frequently changing promos, rewarding loyalty program
- 🏆 Caesars Loyalty Program: Caesars Rewards gives customers bonus bets and boosts. High-rollers can even earn hotel stays in Caesars properties.
- 💳 Payment Methods: Visa, Mastercard, PayPal, Play+, PayNearMe, ACH, online banking
- ⭐ Top Features: Only place to live stream the NFL, good range of sports to bet on
- 📞 Customer Support: Phone, email, FAQs, and live chat
- 💯 Overall Bonus Rating: 5/5
BetRivers Vermont: Second Chance Bet Up to $500
BetRivers Sportsbook is owned by Rush Street Interactive, which operates casinos across the US, and has snowballed into a nationwide sports betting operation. BetRivers is available in 15 states and has won customers over with its generous welcome bonus, a wide range of niche sports, and competitive odds.
- 🎁 Potential BetRivers Offer: Second chance bet up to $500 if your first bet loses
- 🔥 Common BetRivers Promotions: Daily boosted odds, event-specific bonuses, and iRush Rewards offers
- 🏆 BetRivers Loyalty Program: iRush Rewards is one of the best rewards programs in the US, giving customers bonus bet credits and rewards with a platform that clearly displays your bonus progress.
- 💳 Payment Methods: Mastercard, Visa, PayPal, online banking, ACH, PayNearMe, Play+
- ⭐ Top Features: Great live streams for European soccer, excellent loyalty program
- 📞 Customer Support: Phone, email, live chat, social media
- 💯 Overall Bonus Rating: 3.5/5
Other Sportsbooks & Betting Apps We Might See Launching in Vermont
Of course, while the sportsbooks we've mentioned are very likely to launch in Vermont, other betting sites may also apply for a license. Barstool is widely available across the US and operates casinos in states surrounding Vermont. Meanwhile, Fanatics Sportsbook has plans to launch in dozens of US states and may see Vermont as a great jurisdiction to help achieve this goal. Other popular operators include bet365, FOX Bet, and Hard Rock.
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 when sportsbooks launch in January 2024. We expect to see the following bonuses when Vermont online sportsbooks become available.
Welcome Bonus
Welcome bonuses are typically the most significant bonuses available to enjoy. Welcome bonus offers are for new sportsbook customers and usually include bonus bets or insured bets. Welcome bonuses can only be claimed once from each Vermont sports betting site.
Bonus Bets
Bonus bets allow you to wager on sports without risking your own funds. Note that if your bonus bet wins, you will only receive the value of the winnings back and not the value of the bonus bet placed. As such, a good strategy is to use your bonus bets for wagers with longer odds.
Deposit Match
A deposit match offer gives bonus funds on top of your deposit made. For example, a 25% deposit match offer on a $500 deposit would give you an additional $125 of bonus money. Check the playthrough requirements attached to any deposit bonus offers to see how easy or difficult it is to unlock the bonus amount.
Sports Betting Promotions For Major Sporting Events
When sports betting in Vermont launches, users can expect to see specific promotions available for the biggest sporting events. We expect VT sports betting to be available in January 2024, meaning massive promotions will be available for Super Bowl LVIII. Fans can also expect big promotions and bonus bets for 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.
Probable Terms & Conditions For Vermont Sportsbooks
As with all sports betting bonuses in the US, Vermont promos will have terms and conditions you will need to consider before you claim. Here are some T&Cs our experts expect you to 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
Can I sign up and claim a bonus at offshore betting sites?
Offshore betting sites will provide bonuses for new and existing players. However, we strongly advise you not to sign up with these sites. Offshore operators are not licensed by recognized US regulators and are illegal to access in the US. There are no guarantees your personal or financial information will be safe at these sites. Currently, Vermont residents need to travel to a neighboring state to bet on sports. However, this will likely change in January 2024 when the first Vermont sportsbooks go live.
What are the risks involved when claiming bonuses from offshore sportsbooks?
Offshore sportsbooks often offer bonuses that appear too good to be true, but when you dig into the small print, you realize that the bonus is less attractive than first presented. Offshore bonus sites often have bonuses with huge playthrough requirements, meaning there is a tiny chance of you walking away with a profit. Additionally, as US authorities do not regulate these sites, there is a danger that offshore betting sites may not pay out the bonus when it is earned.
Can I sign up and bet at online sportsbooks in states where they are legal?
Yes, you can bet with online sportsbooks in states where sports betting is legal. You don't need to be a resident of that state to start betting. All you need to do is be physically located within state lines of a legal betting state. This is confirmed by sophisticated geolocation technology used by online sportsbooks.
What exactly are online sportsbook promotions and how do they work?
Online sportsbook promotions are special offers used to attract new customers and keep existing ones playing. You can claim bonuses in a variety of ways, including opting in for an offer, making a minimum first deposit, and entering a promo code. Once you have completed the bonus offer requirements, you'll get a reward like a deposit match offer or bonus bets.
What are sportsbook promo codes?
Bonus codes are a marketing tactic used by online bookies to create hype over a deal. The cipher, typically a combo of a word and number, is used to activate a bonus and has an aura of exclusivity. In some cases, affiliate partners use bonus codes themselves to attract new players.
How often are sportsbook promo codes usually updated?
Sportsbook apps change promo code details regularly to keep things exciting for players. The best sportsbooks update promo code offers every one to three months. We will list all of the best promo code offers in Vermont right here, so come back regularly to see which welcome bonus offer is right for you.
Will I be able to create multiple accounts at different sportsbooks?
You can have a sports betting account with many different sportsbooks. This is a good idea as it allows you to take advantage of several welcome bonuses. You can only have one account with each sportsbook and can only claim a welcome bonus once from each sportsbook.
How long does it normally take to receive Bonus Funds to your account?
This varies on the sportsbook and the type of bonus. Some sportsbooks apply your bonus amount to your account instantly, while others can take up to 48 hours to process.
Why Do Sportsbooks Offer Betting Promo Codes?
Sportsbooks issue promo code offers to encourage players to sign up and keep playing. Also, entering a promo code is a fast and simple way to claim sportsbook promos, which makes it appealing to new bettors learning the ropes. There will be up to six online sportsbooks offering sports betting in Vermont. Competition for sports bettors is tough, and a good promo code offer helps a sportsbook to stand out from the competition.
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?
Two Vermont Sportsbook Promos are already available as sports betting has now started with FanDuel and DraftKings. You can get a combined total of $400 in bonus bets with the available operators FanDuel and DraftKings, click on one of our banners to benefit.
When will sports betting promotions become available in Vermont?
Sports betting in Vermont launched in January 11 2024. Right now there are two offers available. One from FanDuel and one from DraftKings with Fanatics also getting the greenlight to start operating very soon in VT. You can click on one of our banners to get the offers.
What types of betting offers will Vermont betting sites offer once legal?
Betting offers in Vermont will include first deposit bonuses, bonus bets, and bonus money offers. You must fulfill terms and conditions like making minimum deposits or minimum bets to claim your promotions.
When Will Legal Vermont Sportsbook Promotions become available?
Sports Betting is available as from January 11 2024. As such, Vermont residents are now able to claim sportsbook promos to use on the Super Bowl LVIII in 2024 from within the Green Mountain State. Currently you can start benefiting from the online sports betting promos available in the state.