Vermont Sports Betting

Legal Vermont Betting Sites

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Vermont sports betting laws allow bettors 21 and older to bet on sports online with sportsbooks selected by the Department of Liquor and Lottery.

The Department selected three sportsbook brands to offer online sports betting in Vermont. DraftKings, FanDuel, and Fanatics Sportsbook are the state’s only licensed operators.

Key things to know about betting online in Vermont:

  • Fans must be 21 or older to bet online in Vermont
  • Vermont betting sites may not accept credit card deposits
  • Professional and college betting is permitted
  • No wagers allowed on local universities or college games held in VT unless they are participating in tournaments; no prop bets on college athletes
  • Bettors may voluntarily self-exclude from all online sports betting in VT

Vermont Sports Betting Apps

The Department of Liquor and Lottery has authorized three sportsbook operators to offer online sports betting in Vermont.

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Unsurprisingly, DraftKings was among the select few operators to receive the Department’s approval.

With a verifiable track record dating to 2012 and consistently high customer ratings, DraftKings Sportsbook likely received an instant “yes” from the Department.

Some of DraftKings’ highlights include posting lines earlier than most sportsbooks, excellent moneyline pricing, an expansive wagering menu, nearly endless parlay options, and a reliable in-play betting platform.

DraftKings’ most prominent weak points are a tendency to apply limits to sharp bettors too quickly and unimpressive in-play betting lines.

The DraftKings Vermont betting app welcomes new customers with a tempting welcome bonus, automatic membership in Dynasty Rewards, and frequent ongoing promos.

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FanDuel Sportsbook is another “blue chip” operator steeped in experience, well-regarded by the public, and in good standing with regulators nationwide.

Bettors will find the FanDuel Vermont app intuitive and responsive, with minimal load times and a massive wagering catalog. Although FanDuel isn’t particularly unique or cutting-edge, it is so well-rounded that it holds a commanding share of the national sports betting market alongside DraftKings.

FanDuel’s most compelling selling points include industry-low vigorish on NBA lines, live-streaming NFL games with overlayed odds and stats, extensive prop markets for all major US sports, and more alternative lines than most operators.

However, FanDuel comes up short in its teaser pricing, above average vigorish on pregame NFL lines, and lack of a loyalty program for sports betting.

Fanatics Sportsbook was a dark horse to receive one of Vermont’s limited sports betting licenses due to its relative inexperience compared to other, more established operators.

However, Fanatics Sportsbook has considerable financial resources as the official betting site of the nation’s most prominent sports apparel retailer.

One of the first things bettors will notice about the Fanatics Sportsbook Vermont app is that it responds instantly to user input and simply does not crash. It may be the fastest and most reliable sportsbook app on the market.

Additionally, the Fanatics Sportsbook app adds some diversity to the Vermont sports betting market by taking a unique approach to design and features.

For example, Fanatics Sportsbook leverages artificial intelligence to recommend specific bets and promos to every customer.

Other strong points include competitive prop betting odds, above-average futures pricing, and even better pricing on alternative lines.

On the other hand, the Fanatics sports betting app has room for improvement in its somewhat confusing navigation, the commission it extracts from pregame lines, and below-average coverage of niche and international sports leagues.

Online SportsbookPromo CodeWelcome Bonus
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Vermont sports betting bonuses are fairly straightforward, thanks to mainstream operators leading the way in offering fair, easy-to-understand, and transparent promotions.

Additionally, Vermont online sportsbooks must ensure their promotional offers comply with Section 9.0 of VT’s sports betting regulations.

Most importantly, licensed sportsbooks may only issue bonuses or promotions with rules that are “full, accurate, concise, transparent.” Licensed sportsbooks must also ensure their bonus rules do not contain “misleading information.”

For example, Vermont betting sites may not describe bonuses as “free” if customers must risk money to claim them.

Operators must also provide “clear and conspicuous” methods for bettors to decline or cancel their participation in bonuses.

Licensed VT betting sites must also maintain detailed records of every promotion they issue so the Department of Liquor can monitor their promotional activities. Further, detailed records will assist the Department with resolving disputes between customers and sportsbooks.

Sports fans 21 and older can use licensed sportsbook apps and websites to bet on sports online from anywhere within Vermont state lines.

Almost anyone can participate, provided they don’t fit into any of the following categories of “ineligible persons” as defined by Vermont’s sports betting law:

  • Under 21 years of age
  • On the voluntary or involuntary exclusion list
  • Not physically located in Vermont
  • Placing wagers in violation of any local, state, or federal laws
  • Wagering on behalf of someone else
  • Athletes, coaches, regulators, team owners, their family members, and anyone else with inside information or the ability to influence sporting events

That list might look lengthy, but it applies to few people over the age of 21. The vast majority of Vermonters reading these words are eligible to bet on sports online.

Getting started is a three-step process involving choosing a licensed online sportsbook, signing up for an account, and depositing. If all goes smoothly, the average Vermont sports fan can have a funded, verified account ready to place wagers in under five minutes.

Here’s how it works, step by step.

Choosing where to bet online is the only step in the process that’s critical for bettors to get right. Unfortunately, it’s also the step with the most potential for confusion due to conflicting information online regarding which operators are licensed in Vermont.

The good news is that it’s hard to go too far wrong once bettors know which sportsbooks hold Vermont online betting licenses. Readers can use BettingUSA’s recommendations because it is our longstanding policy to only recommend licensed online sportsbooks.

Alternatively, bettors can confirm which operators are licensed in Vermont by visiting the Department of Liquor and Lottery here.

After selecting an online sportsbook, bettors can visit its website from any desktop or mobile device to sign up for an account.

Signing up involves providing the personal details that online sportsbooks need to establish the account, keep it secure, and verify the account owner’s identity. Vermont’s sports betting regulations require operators to collect the following information from every new customer:

  • Full legal name
  • Date of birth
  • Residential address
  • Social security number (full or last four digits)
  • Any other information the operator needs to verify the bettor’s age and identity

All licensed sportsbook apps in the US require this information to comply with federal Know Your Customer (KYC) regulations, combat fraud, and prevent ineligible bettors from participating.

Vermont sports betting sites can usually verify each new customer’s identity using the information provided during signup.

However, if an operator cannot confirm the user’s identity, it will request additional documentation. Such requests typically ask users to submit a picture of their photo ID and a recent utility bill.

After new users create their accounts, they can visit the online sportsbook’s website or download the app to log in and deposit funds.

Vermont sports betting apps have varying layouts, but bettors can look for a button that says “cashier” or “add funds” to make a deposit.

In recent years, US online sportsbooks have significantly improved transaction speeds and added convenient deposit methods like Venmo and Apple Pay, making it easier than ever to deposit.

Vermont sports betting apps may accept a standard range of deposit methods except credit cards.

When lawmakers legalized online sports betting in Vermont, they opted to prohibit customers from using credit cards to fund their accounts to encourage responsible gambling.

Regulations adopted by the Department of Liquor and Lottery provide a complete list of deposit methods Vermont sports betting sites may accept:

Bettors should also be aware that Vermont sports betting regulations require operators to verify every bettor’s identity before allowing them to deposit, withdraw, or place real-money bets online.

Additionally, the customer’s last name and date of birth must match the information on their photo ID.

Vermont legalized online sports betting in May 2023. The law placed the Department of Liquor and Lottery in charge of selecting operators through a competitive bidding process, establishing additional regulations, and overseeing compliance with all applicable regulations.

Who Can Bet Online in Vermont?

Vermont bettors must be 21 or older and physically located within state lines. The law also outlines who may not participate in Vermont sports betting:

  • Anyone younger than 21
  • Department employees and same-household family members
  • Operator principals and employees
  • Any contractor of the Department and operators
  • Contractors and employees of operators in any jurisdiction with non-public information relating to the wager being placed
  • Athletes, agents, coaches, umpires, referees, employees, and others associated with or employed by teams, governing bodies, and unions may not bet on sports overseen by the governing body that regulates their sport
  • Anyone placing a wager on behalf of another person

Responsible Gambling and Consumer Protection

The Vermont sports betting law emphasizes responsible gambling and consumer protection, with multiple provisions related to age and identity verification, wagering limits, and more. The law directs the Department of Liquor and Lottery, either directly or indirectly through its operators, to ensure the following:

  • Vermont betting apps employ mechanisms to verify bettors’ ages and identities
  • Ensure underage and restricted bettors may not bet online in Vermont
  • Customers have the means to set daily, weekly, and monthly wagering limits
  • Form a statewide voluntary self-exclusion program for bettors
  • Ensure all owners of joint bank accounts can exclude those accounts from all licensed Vermont sports betting apps and websites
  • Ensure the protection of customers’ personal and financial information

Vermont Sports Betting Advertising Rules

The law also includes advertising regulations requiring the Department to include the following in its contracts with licensed operators:

  • Restrictions on advertisements and branding on products intended primarily for minors
  • A strategy to limit sports betting ads that appeal to minors
  • A maximum limit the Department and operators may spend on sports betting ads in Vermont

Vermont Sports Betting Taxes and Fees

Licensed Vermont online sportsbooks must pay a flat annual operator fee and negotiate a contract with the Department to share at least 20% of their revenue with the state.

The flat annual fee varies based on the number of licensed Vermont sportsbooks:

  • If the Department only selects one operator: $550,000
  • Two licensed operators: $275,000 per operator
  • Three licensed operators: $200,000 per operator
  • Four licensed operators: $162,500 per operator
  • Five licensed operators: $140,000 per operator
  • Six licensed operators: $125,000 per operator

Additional Vermont Sports Betting Regulations as Needed

In addition to the above, the Vermont law directs the Department of Liquor and Lottery to promulgate additional regulations detailing security standards, technology, each sportsbook’s house rules, sports integrity, and much more.

Vermont legislators introduced S 213 in January 2020 to legalize Vermont sports betting sites and mobile apps. The bill failed to make any real progress, but it provided a look into what some of the state’s legislators had in mind regarding Vermont sports betting.

S 213 would have permitted online sports betting operators to apply for licenses at a cost of $10,000 and accept wagers on professional and college sports from customers 18 or older. The bill also would have established a tax rate of 10% on sports betting revenues and placed the Board of Liquor and Lottery in charge of regulating Vermont betting sites.

The Vermont Senate really got the ball rolling in March 2020 when it approved a sports betting study bill. S. 59 ordered the creation of a committee to “study various models for legalizing, taxing, and regulating sports betting.”

In addition, the bill directed the committee to outline the benefits and drawbacks of each model, consider various tax models, address problem gambling concerns, and make policy recommendations.

The study bill failed to advance before the end of the legislative session, but it set the stage for renewed Vermont sports betting discussions during the subsequent legislative sessions.

Lawmakers drafted additional legislation in May 2022 to legalize VT betting apps and websites but not retail sportsbooks. The proposal would have authorized up to six online sportsbooks selected by the Board of Liquor and Lottery after a competitive bidding process.

The bill failed to advance before the end of the session, but Vermont still made some progress by approving legislation to study sports betting and make policy recommendations. The resulting report gave lawmakers everything they needed to begin crafting legislation to legalize online sports betting in Vermont.

Vermont lawmakers made the long-awaited breakthrough in May 2023 when the House and Senate approved H. 127 to legalize online sports betting. The bill made Vermont the third state behind Tennessee and Wyoming to authorize online sports betting but not retail sportsbooks, established a minimum age of 21, and directed the Department of Liquor and Lottery to authorize up to six operators.

Vermont Daily Fantasy Sports

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Vermont legalized daily fantasy sports via S. 136 in 2017. The law set a minimum age of 18 to participate in Vermont DFS contests and tasked the Secretary of State with regulatory oversight duties.

The law also established a standard set of consumer protection regulations governing the safekeeping of customers’ funds, technical security requirements, sports integrity, and more.

Vermont’s DFS legislation did not impose a tax on fantasy sports, but it ordered the Governor’s office to propose a tax structure. Several months after the bill became law, the Secretary of State issued a memorandum that advised leaving the $5,000 fee in place and not imposing any taxes on fantasy operators.

The secretary’s recommendation explained that Vermont is in line with other states that have passed DFS legislation and sees no reason to impose any new taxes beyond the regular income tax laws any other business pays in Vermont.

Vermont reregulated fantasy sports in 2023 through the same legislation that approved online sports betting. The new fantasy sports provisions in H. 127 transferred regulatory authority to the Attorney General and requires DFS operators to register with the Department of Liquor and Lottery.

However, the new law left the previous rules mostly intact, including a minimum age of 18 to participate.

Key Vermont fantasy sports regulations:

  • Fantasy sports sites may only serve customers 18 or older
  • Employees and family members of employees are prohibited from playing
  • Athletes and sports officials are prohibited from participating in contests involving their sport(s)
  • The use of computer scripts to gain an edge over other players is prohibited
  • DFS sites must keep player funds in a segregated account
  • DFS sites must submit to yearly independent audits
  • Operators must provide links on their websites pointing to resources for addressing addiction and compulsive behavior
  • Operators must provide means for customers to voluntarily self-exclude from participating in DFS contests
  • Fantasy sports advertisements must not target or depict minors, students, and school or college settings
  • Operators must register with the Department of Liquor and Lottery and pay an annual registration fee of $5,000

Vermont Horse Racing Betting

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Pari-mutuel horse racing betting is legal at licensed race tracks in Vermont, but there are no active tracks today.

Vermont horse racing betting began in 1960, following a public referendum and subsequent legislation

A public referendum and subsequent legislation legalized Vermont horse racing betting in 1960. Green Mountain Racetrack opened for business in 1963 and held horse races until 1977. The track also began hosting greyhound races in 1976, but those ended in 1992, and the state outlawed greyhound racing in 1995.

Vermont Online Horse Racing Betting

Vermont law does not directly address the legality of advance deposit wagering. However, licensed horse racing betting sites operate openly in Vermont without any trouble from local authorities. The general understanding is that online horse racing betting is legal in Vermont simply because it’s not illegal.

Local authorities seem to agree because they have never taken legal action against advance deposit wagering sites in Vermont.

Vermont Gambling Expansion Proposals

Some lawmakers have expressed a passing interest in evaluating the feasibility of expanding Vermont gambling options. For example, an appropriations bill passed in 2012 included a provision directing the state to study the feasibility of selling Vermont lottery tickets online.

The Vermont Lottery still doesn’t sell tickets online, but the idea has at least entered the minds of some lawmakers. Currently, residents may only buy lottery tickets in-person or sign up for subscriptions to automatically enter 26, 52, or 104 drawings.

In 2013, representatives introduced H 93 to legalize one land-based casino in Vermont. Had it passed, this bill would have given the Lottery Commission the authority to issue one license to a qualified applicant. The licensing fee would have been $5 million, and the license would have been valid for an initial six-year term. The bill failed to progress, and any hope for a land-based casino opening anytime soon in Vermont diminished significantly.

Representative Clem Bissonnette introduced H 186 in 2013 to establish the “Vermont Gaming Commission” to license, regulate and manage gambling activities within the state. The bill would have allowed for the licensing of poker halls and home poker games. However, H 186 never made it out of the Committee on General, Housing, and Military Affairs.

Similarly, Vermont online gambling remains an unlikely possibility any time soon. There have been no noteworthy efforts to legalize Vermont online casinos, especially with regulators focused more on sports betting in recent years.

Vermont Gambling Laws

Vermont’s State Statutes restrict most forms of gambling. There is no land-based casino industry, and the statutes do not make an exception for social gambling (such as playing poker with friends at home).

Online poker and casinos are also prohibited in Vermont. To date, there have been no significant efforts to legalize Vermont gambling sites or online poker.

Lawmakers have discussed giving the state lottery more regulatory power to oversee additional forms of land-based gambling and possibly online ticket sales. If the lottery eventually gets those powers, it would bring Vermont one step closer to legalizing online casinos and poker.

The good news is other forms of online betting are legal in Vermont. State laws do not prohibit residents from placing real money bets at licensed horse racing sites and participating in daily fantasy sports contests.

§ 2133 is one of the primary pieces of text pertaining to gamblers. This section explains that most forms of gambling are illegal:

A person who plays at cards, dice, tables or other game for money or other valuable in a common gaming or gambling house that is maintained for lucre and gain, shall be fined not more than $200.00 or imprisoned not more than 60 days, or both.

Furthermore, § 2141 makes it a crime to win or lose money by gambling. The provision states that any person who wins or loses money or other valuable thing by playing or hazard at any game, or by betting on someone else playing a game, shall be fined $10 to $200.

However, Vermont allows charitable, religious, educational, and civic organizations to raise money via limited forms of gambling. The law enforces various limits on how much money charities can raise with gambling games, how much they can pay organizers, and how much prize money they can award to participants. 13 V.S.A. § 2143 provides all the details for non-profit gaming activities.

Vermont gambling laws don’t explicitly mention online gambling. However, they are broad enough in scope that it is most likely an offense for anyone to use unlicensed online casinos in Vermont.

Vermont Sports Betting FAQ

Yes. Vermont legalized online sports betting in May 2023.

Vermont law requires licensed online sportsbooks to enforce a minimum age of 21 to participate.

No. Vermont is one of just a few states to legalize online sports betting but not retail sportsbooks.

Yes. Vermont horse racing betting sites and advance deposit wagering apps make it convenient to bet on the Kentucky Derby online.

The official Kentucky Derby betting app Twinspires.com accepts wagers from horse racing fans in Vermont.

College betting is allowed in Vermont, but sportsbooks may not accept wagers on games involving local universities unless they are competing in tournaments.

In March 2024, the Department of Liquor and Lottery updated its approved wagers catalog to prohibit all prop bets on individual college athletes.