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Vermont Sports Betting Updates for 2024

Our comprehensive guide to Vermont sports betting will arm bettors with the insight they need. Our team journeys through the legal landscape that shapes the state’s approach to sports betting and explores the historical path that has led to its current status. Sports bettors will also gain knowledge about the future operators that will likely soon be serving Vermont residents. Additionally, we will unravel the prospective bonuses and accepted banking methods that will arise with the state’s expanded opportunities for sports wagering. Join us as we unpack the details to gain a firm grasp of the Green Mountain State’s sports betting scene.

The Best Online Sportsbooks Available In Vermont

In this section, we will provide an overview of the top online betting sites available in Vermont, highlighting their key features and advantages.

Is sports betting legal in Vermont?

Governor Phil Scott provided his signature on bill H.127 on June 14, officially legalizing sports betting in Vermont in 2023. The Department of Liquor and Lottery will oversee the industry, allowing up to six companies to operate in the state. In the upcoming sections, we will delve into the current options for betting at retail establishments and online platforms in Vermont. 

Retail Sports Betting in Vermont

Retail sports betting is not yet available in Vermont. While sports betting has been legalized, the system is still being set up and is expected to go live in early 2024. Currently, there are no retail sportsbooks or physical betting locations in the state. This means that residents will have to wait until the system is fully operational before they can engage in in-person sports betting. Additionally, Vermont does not have any commercial or tribal casinos, which puts further limitations on the forms of gambling that residents can access.

Mobile & Online Sports Betting in Vermont

Like in-person wagering, mobile and online sports betting is set to launch in Vermont at the beginning of 2024. Presently, there are no mobile sportsbooks or online sports betting apps that bettors can use. Punters are able to engage in daily fantasy sports in Vermont or travel to neighboring states like New York and Massachusetts to place bets online in the meantime, however. Online casino gambling and poker are both prohibited in the Green Mountain State, but residents can wager on horse races through sites like TwinSpires.

Prospective Sportsbooks for Bettors in Vermont

As Vermont prepares to issue sportsbook licenses, the likes of BetMGM, Caesars, DraftKings, and FanDuel are on the horizon, ready to offer their services to eager bettors. These anticipated operators bring with them a wealth of experience and a wide range of betting options, promising a vibrant and competitive environment for Vermont’s sports enthusiasts. In the sections ahead, we’ll take a closer look at the offerings from each of these noteworthy online sportsbooks, ensuring you’re well-informed about the choices that may await you in Vermont’s budding sports betting industry.

1. Caesars Sportsbook

Caesars Review

Caesars Sportsbook holds the promise of an enticing sports betting experience with a strong commitment to user satisfaction. Designed to cater to a wide range of bettors, it strives to deliver an enjoyable and valuable betting journey. One standout aspect is its consistent offering of point spreads and totals at a standard -110, ensuring reliability, especially for those who favor these popular betting types.

An appealing feature of Caesars Sportsbook is its frequent ‘odds boosts’ promotions, encompassing popular sports like NFL, NBA, NCAA, NHL, and MLB. These promotions not only inject excitement into the betting experience but also offer the potential for increased returns, making Caesars Sportsbook an attractive choice for bettors looking to optimize their wagers.

The platform boasts a user-friendly interface that simplifies the process of navigating and placing bets across a diverse range of sports and bet types. Furthermore, Caesars Sportsbook actively engages its users through initiatives such as the “Go Full Caesar” promotion for existing users and the “Spread The Word” referral program, which presents enticing rewards for referring friends.

The Caesars Rewards program serves as a testament to the sportsbook’s dedication to its users. It provides a tiered system of perks and extends rewards beyond betting to encompass benefits like hotel stays and vacation packages.

Despite occasional minor app hiccups, the platform consistently delivers fast and responsive interactions. Real-time updates contribute to an immersive betting environment that keeps users engaged. Should Caesars Sportsbook become available in Vermont, it would offer residents a comprehensive and appealing sports betting option to enhance their entertainment and potential returns.

2. BetMGM Sportsbook

BetMGM Review

BetMGM is known for its competitive odds, offering favorable options for bettors across various sports and bet types. While some may perceive minor variations in specific markets, BetMGM’s commitment to consistency would ensure a reliable betting experience for Vermonters.

The true excitement on the BetMGM platform lies in its ‘odds boosts’ promotions, designed for major professional sports like football, baseball, and basketball. These promotions elevate the thrill of betting by providing users with boosted odds, ranging from 25% to an exhilarating 50%. This not only enhances potential returns but also intensifies the overall betting experience. BetMGM stands out with its real-time odds updates, empowering Vermont’s potential bettors to make well-informed decisions and seize opportunities promptly. This dedication to user experience positions BetMGM as a dynamic and user-centric sportsbook.

BetMGM’s user-friendly platform, featuring an intuitive layout, simplifies the betting process for both newcomers and experienced bettors. Effortless navigation, seamless transitions between bet placements, sport selections, and diverse bet types, along with rapid responsiveness even during peak usage, guarantee a smooth and enjoyable betting experience. Robust search and filter options enable users to quickly find specific bets and events, enhancing efficiency and catering to individual preferences. While not overloaded with flashy features, BetMGM’s practical tools and seamless design collectively create an accessible and enjoyable platform, making it a promising choice for future sports betting in Vermont.

2. FanDuel Sportsbook

FanDuel Review

FanDuel consistently delivers competitive odds across a wide array of sports and bet types, ensuring a compelling edge for bettors.

What distinguishes FanDuel is its frequent odds boost promotions, offering users the opportunity for elevated odds, with boosts ranging from 35% to an impressive 100%. This dynamic approach not only keeps users engaged but also enhances their potential winnings.

For in-play betting enthusiasts, FanDuel introduces real-time updates, ensuring that odds accurately reflect ongoing events. While the platform provides a user-friendly experience, simplifying the creation of parlays and accumulators, there is room for improvement in terms of filter options for more refined searches.

FanDuel’s commitment to accessibility is notable, aligning with industry standards for users with disabilities. However, expanding language support beyond English could further enhance inclusivity.

Highly-rated promotions and efficient payment processing testify to the platform’s positive reputation, despite occasional concerns related to customer service and app functionality.

FanDuel’s promotions, which respond dynamically to significant sports events, not only elevate user engagement but also bolster profitability. Creative offerings like “NBA In-Play Insurance” add an element of fun, setting FanDuel apart. Their promotion strategy emphasizes quality over quantity, a feature well-appreciated by users as highlighted in their feedback.

With a presence in 19 states and a track record of positive reviews from third-party platforms, FanDuel’s strategic affiliations with major sporting leagues and teams, coupled with industry recognition like “Operator of the Year,” solidify its status as a premier sportsbook. User testimonials consistently underscore its user-friendly interface, efficient customer service, and diverse betting options. If FanDuel decides to extend its services to Vermont, local bettors can anticipate a top-tier sports betting experience.

3. DraftKings Sportsbook

DraftKings Review

Although DraftKings Sportsbook is not yet available in Vermont, it presents an enticing prospect for potential bettors in the state. DraftKings, a prominent player in the U.S. sportsbook arena, stands out for its unwavering dedication to consistently offering competitive odds that rank among the industry’s best. Whether you lean towards popular sports or niche events, DraftKings promises to deliver odds that enhance your potential payouts, catering to both casual and seasoned bettors and promising an exceptional betting experience.

What truly sets DraftKings apart is its array of promotions and features designed to elevate your betting journey. Featuring profit boost bonuses and free play bets, DraftKings offers an alluring opportunity to enjoy improved odds and enhanced potential returns. Navigating their user-friendly website or app to discover and capitalize on these boosted odds promotions is straightforward, ensuring you never miss out on advantageous offers.

Whether your interests lie in major sports or lesser-known events, DraftKings excels at keeping you well-informed with rapid real-time updates and alerts. Their agile adaptation of odds to reflect market shifts, team updates, and pivotal factors is truly impressive, ensuring that bettors remain informed about the latest developments. DraftKings goes beyond traditional betting; it offers a dynamic, value-packed experience that could become a significant addition to Vermont’s sportsbook landscape in the future.

A Look at Vermont’s Sports Betting History

Below is a brief timeline of sports betting in Vermont. This concise overview sheds light on the notable developments that have contributed to the state’s progression toward legalizing the activity. Read on to discover the key milestones that have shaped Vermont’s evolving journey in the realm of sports betting.

  • 2023: The Governor’s state budget is set to receive additional funding from legal sports betting, as outlined in a newly introduced bill.
  • 2022: Based on the findings of the study presented in December, it is recommended that Vermont establish a regulated sports betting industry.
  • 2021: Vermont begins examining the feasibility of sports gambling. A proposal is made but it does not meet the approval of a committee.
  • 2020: Two bills related to sports betting are in consideration, with one receiving approval from the Senate but not from the House.
  • 2019: Despite being reviewed in committee, a bill that would authorize both in-person and online sports wagering receives no further discussion.

As this timeline highlights, Vermont’s journey in sports betting has been marked by a series of crucial milestones, from initial considerations to the in-process establishment of a regulated industry. By tracing these developments, we gain a comprehensive understanding of the state’s path toward embracing this form of entertainment. With a foundation now in place, Vermonters can look ahead to an exciting and regulated future of sports wagering.

Getting Set for Accessible Sports Betting in Vermont

With the anticipation of major sportsbooks entering Vermont, local bettors need to ensure they’re primed for the upcoming opportunities. Within the subsequent sections, we delve into key elements essential for your preparedness. We will explore each of the common bonuses and promotional offers presented by premier sportsbooks and the banking options available for secure transactions.

Bonuses & Promotional Offers at Sports Betting Sites

At the heart of the sports betting experience lie the enticing bonuses and promotional offers provided by top sportsbooks. These bonuses serve as strategic tools to attract new bettors and retain loyal ones. By offering sign-up bonuses, deposit matches, odds boosts, loyalty programs and additional perks, sportsbooks aim to enhance your wagering endeavors. 

  • Sign-Up Bonuses: Sign-up bonuses extend a warm welcome to new bettors by providing extra funds when they register and make an initial deposit.
  • Deposit Bonuses: Deposit bonuses increase the value of users’ deposits by matching a portion of their funds with bonus money, giving them more to wager with.
  • Bonus Bets: Bonus bets offer opportunities to place wagers without having to fund the wager yourself. They allow bettors to explore new betting options and strategies without investing while potentially reaping the rewards of successful bets.
  • Odds Boosts: Odds boosts elevate potential winnings by offering enhanced odds on specific bets. They create a chance for bettors to capitalize on higher payouts when their selected outcomes prove accurate.
  • Loyalty Programs: A sportsbook loyalty program is a rewards system that acknowledges frequent bettors by granting them points for their activity, which can later be exchanged for various benefits like free bets, exclusive offers, and other enticing perks.

These promotions provide additional value, amplify potential winnings, and foster a sense of engagement among bettors.

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Banking Options at Online Sportsbooks

It’s essential to be familiar with the various ways you can handle your transactions at Vermont’s future licensed sportsbooks. From credit and debit cards to e-wallets and bank transfers, the payment methods available at online sportsbooks offer you flexibility and convenience. Below, we’ll walk you through each of these methods, explaining how they work and the different ways that you can manage your betting funds.

  • Credit Cards: Credit cards, like Visa and Mastercard, offer a familiar and widely accepted way to fund your sports betting account. They provide instant deposits, allowing you to start betting right away.
  • Debit Cards: Debit cards, such as those linked to your bank account, provide a straightforward method for funding your account. They offer the convenience of direct transactions while helping you manage your spending.
  • E-Wallets & P2P Payments: E-wallets like PayPal and peer-to-peer (P2P) payment services like Venmo offer secure and swift transactions. They act as intermediaries between your bank and the sportsbook, providing an added layer of privacy.
  • Bank Transfers: Bank transfers facilitate direct exchanges between your bank account and the sportsbook. This method ensures the safe movement of larger sums, allowing for secure deposits and withdrawals.

With insights into credit and debit cards, e-wallets, and bank transfers, you now possess the knowledge to confidently handle your transactions at Vermont’s potential operators. 

Vermont Sports Betting: Conclusion

In closing, this guide has provided you with a comprehensive understanding of Vermont’s journey into sports betting. From the legal landscape to the emergence of prospective sportsbooks, we’ve illuminated the essential elements shaping the state’s wagering sphere. As Vermont gears up for the imminent launch of sports betting, your knowledge about online platforms, their bonuses, and accepted banking methods equips you for a seamless betting experience. As you venture forth, remember to maintain a responsible betting approach. Set limits, gamble within your means, and prioritize enjoyment. With all of that covered, you’re now poised to navigate Vermont’s evolving sports betting scene with confidence.

Vermont Sports Betting: Frequently Asked Questions

Vermont residents can currently only bet on horse races online. Online sports betting is expected to go live in the state in January 2024.

Mobile sports wagering is legal in Vermont, but no sportsbooks have received licenses yet. Betting apps are also expected to become available early in 2024.

Sports fans in Vermont can only use DraftKings for fantasy sports. DraftKings is a likely future sportsbook for bettors in the state, however.

Yes, Fliff is legal in Vermont.

H.127 is the most recent sports betting bill in Vermont, signed on June 14 by Governor Phil Scott.

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