Vermont Sports Betting

The Vermont online sports betting market launched in January 2024, when three licensed sportsbooks received approval to begin accepting wagers.

The Department of Liquor and Lottery oversees the Vermont online sports betting market and ensures licensed operators comply with consumer protection regulations.

Licensed Vermont betting sites accept customers who are 21 or older and physically present within state lines.

Other Vermont online betting options include daily fantasy sports apps, prediction markets, and horse racing 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 sports betting operators 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

The Department of Liquor and Lottery has authorized three brands to offer online sports betting in Vermont:

Vermont sports betting bonuses are fairly straightforward, thanks to mainstream operators offering fair, easy-to-understand, and transparent promotions.

Vermont online sportsbooks must also ensure their promotional offers comply with Section 9.0 of VT's sports betting regulations.

Most importantly, licensed sportsbooks may only issue bonuses and promotions with rules that are “full, accurate, concise, and transparent" and 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 bonus participation.

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

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 Regulations

The Vermont sports betting law emphasizes responsible gambling and consumer protection, with multiple provisions related to age and identity verification, and wagering limits.

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:

  • $550,000 for a three-year license
  • At least 20% of their revenue to the state

Additional Vermont Sports Betting Regulations

Vermont sports betting laws also direct the Department of Liquor and Lottery to promulgate additional regulations detailing security standards, technology, each sportsbook’s house rules, and sports integrity.

Vermont legislators introduced S 213 in January 2020 to legalize Vermont sports betting sites and mobile apps.

The bill failed to make progress, but it provided a look into what 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 approved a sports betting study bill in March 2020.

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 subsequent legislative sessions.

Lawmakers drafted additional legislation in May 2022 to legalize Vermont sports betting apps 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 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 a 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 legalized daily fantasy sports in 2017 and tweaked the original law via DFS provisions included in the bill that legalized online sports betting in 2023.

Today, Vermont fantasy sports options include prominent DFS operators like FanDuel and select fantasy pick 'em apps that offer over/under predictions for sizable payouts.

Read more about the current state of the Vermont daily fantasy sports industry below:

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Vermont has not yet pursued enforcement action against prediction markets. However, lawmakers have considered a bill to ban prediction markets on sports, politics, disasters, war, and death.

For now, prediction markets on many platforms remain available to users in Vermont.

Pari-mutuel horse racing betting is legal in Vermont, but there are no race tracks or off-track betting facilities operational anywhere in the state.

Licensed horse racing betting sites are the only way to bet on horse races in Vermont.

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’s State Statutes restrict most forms of gambling, including online casinos. There have been no significant efforts to legalize online casinos or poker sites in Vermont to date, but sweepstakes gambling sites serve as a close alternative.

Lawmakers have discussed giving the lottery more regulatory power to oversee additional forms of gambling and possibly authorize players to buy Vermont Lottery tickets online, but there has been no measurable movement on that front in recent years.

See our full Vermont online gambling guide for more about the state's legalization prospects, where to play online today, and what the law says about sweepstakes casinos:

Vermont operates a statewide problem gambling support hub that explicitly covers online sports betting, and help is available 24/7. If gambling is starting to feel compulsive, or if you’re just concerned about the direction you’re moving, reaching out early is the best move.

If you’re trying to help a spouse, friend, or family member, these services can also help you plan your next steps and connect with local support.

Vermont Sports Betting Self-Exclusion

The Vermont Department of Liquor and Lottery (DLL) manages the state’s Voluntary Self-Exclusion List for online sports wagering.

Bettors can register online through the DLL website to self-exclude from online sports wagering in Vermont for terms of one year, three years, five years, or a lifetime.

Vermont does not offer a statewide self-exclusion program for daily fantasy sports apps, so players must register with each DFS operator individually.

The Vermont Lottery also allows players to set spending and time limits or self-exclude from online lottery play through their "Vermont Lottery" account settings.

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, college sports betting is legal in Vergmont.

Vermont sports betting sites may offer college betting, subject to two restrictions:

  • No wagers on in-state teams unless they are participating in tournaments
  • No prop bets on individual college athletes

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

Yes, esports betting is legal in Vermont.

Vermont sports betting regulations authorize online sportsbooks to offer wagers on esports events that are "sanctioned by an approved Sports Governing Body or equivalent."