Vermont Sports Betting: The Best VT Sports Betting Sites in 2024

Is Sports Betting Legal in Vermont?

Yes, sports betting is legal in Vermont. It became official on June 15, 2023, when Governor Phil Scott signed House Bill 127, making Vermont the third state of the year and 38th nationwide to legalize sports betting.

The industry launched on January 11, 2024. FanDuel, DraftKings, and Fanatics all launched their platforms on that date, giving Vermont sports bettors three sportsbooks to choose from.

1. DraftKings Sportsbook VT - 🙋‍♂️ Elite Customer Service
2. Fanatics Sportsbook VT - 🎁 Best Vermont Rewards Program
3. FanDuel Sportsbook VT - 💸 Most Valuable Vermont Promotions

📰 June 6, 2024: Vermont betting revenue hit all-time low in April.

📰 January 11, 2024: FanDuel, DraftKings, and Fanatics all launch their online sportsbooks in Vermont.

📰 September 15, 2023: BetMGM, FanDuel, Fanatics, DraftKings, and Penn all submit applications for sports betting licenses.

📰 July 24, 2023: Vermont’s Department of Liquor and Lottery (the governing body overseeing sports betting) requested sportsbook proposals to come in. 

📰 July 18, 2023: Rules for sports betting have been approved, and a launch before the end of the year is possible.  

📰 June 27, 2023: A draft of the rules is completed as regulators push for a quicker launch.  

📰 June 14, 2023: Following some amendments to House Bill 127, Governor Phil Scott signs it into law.  

📰 May 4, 2023: H127 passes in the Senate pending approval of amendments by the House.  

📰 May 2, 2023: H127 is on the Senate agenda for a final vote.  

📰 March 24, 2023: H127 cleared a legislative chamber for the first time. It passed in the House and was backed by the governor. It then headed off to the Senate.  

📰 February 2023: H127, introduced by Rep. Matthew Birong, begins moving through the statehouse.  

📰 June 8, 2021: Vermont passes H313. This includes an amendment to alcohol beverage laws and a study on sports betting.  

📰 February 11, 2021: Sen. Dick Spears introduced Senate Bill 77, which would bring sports betting to the state, but it didn’t go beyond the Committee on Economic Development, Housing and General Affairs.

After a few attempts, H127 became the bill that brought sports betting to Vermont. Considering PASPA was overturned in May 2018 and the first sport betting bills were introduced in 2019, the speed at which H127 became a reality is impressive. Rep. Matthew Birong introduced it in February 2023, and by June 15, the governor signed it into law.

In March 2023, H127 passed in the House and has been backed by the governor since. It passed in the Senate on May 4, 2023, but some amendments were required.

If we rewind a bit, we can thank Senate Bill 59 for the legalization. This bill created a sports betting study committee, which helped lay out the groundwork for H127, which probably had much to do with its fast passage through the proper legislative channels.

The amendments included technical changes, such as removing and revising sentences.

Now that sports betting is legal in Vermont, what does the language of H127 look like?

Sports betting in Vermont is to be overseen by the Vermont Department of Liquor and Lottery. Per the bill, this governing body can determine the tax rate case-by-case with operators instead of a fixed number.

The bill also permits online-only betting, joining Tennessee and Wyoming in rejecting retail betting.

For online sports betting in Vermont to operate, there must be at least two, but no more than six, online sports betting apps. There are no retail locations allowed to offer sports betting.

The mobile operators in the state will be charged an annual licensing fee. The first year costs $550,000, but the rate beyond that hasn’t been declared yet.

Vermont residents will have their winnings taxed at a 6% rate for in-state players, while out-of-state bettors must be 7.25%.

There are clauses related to Responsible Gaming, too—no less than $250,000 annually will be put into the Responsible Gaming Special Fund.

College sports betting is allowed in Vermont, though in-state teams are prohibited unless part of a tournament.

Vermont's required age to wager is just 18 years old, but online sportsbooks have the right to enforce a 21+ policy. We saw this recently in Kentucky. They made the legal age 18, but Caesars is enforcing a 21+ policy.

Sports gambling in Vermont will be overseen by the Vermont Department of Liquor and Lottery. It will determine tax rates for individual bookmakers instead of a flat rate.

Yes. All three of the legal online VT sportsbooks—DraftKings, FanDuel, and Fanatics—have mobile apps that you can use to make wagers from anywhere in the state.

How Do I Use A CT Sportsbook Mobile App?

If you want to use betting apps when wagering on sports in Vermont, that’s certainly something you can do without issue. Here’s how to get started using them.  

Registration: You can download Vermont betting apps from the Apple App or Google Play Store (depending on your device). From here, click the icon on your device and create an account.
Depositing Funds: After you’ve created your account on your VT betting apps, you’ll find a link in the upper right of the page to add funds to your account.
Placing Bets: Once your account and bankroll are set, head back to the homepage, browse the various sports and games, and add what you want to bet to your bet slip. From here, you’ll decide how much money you want to wager on each event.

There will be no retail sports betting in Vermont.

With Vermont becoming the latest New England state to offer sports betting, let’s compare it to the nearby legal sports betting states to see how they all compare.  

Connecticut Sports Betting

Connecticut sports betting has been available since October 2019, but there are just two online sportsbooks in the state today after PlaySugarHouse and the state lottery ended their partnership. Vermont will have no less than two but will have up to six. Vermont appears slated to be more involved in sports betting than Connecticut, which houses FanDuel and DraftKings.    

Maine Sports Betting

Like Vermont, Maine sports betting recently launched. The state features just two online sportsbooks: Caesars and DraftKings. Caesars was set to be the only sportsbook, but DraftKings applied at the last minute to go live in the state in November. Online sportsbook operators are taxed at 16%, while retail locations are taxed at 10%.  

Massachusetts Sports Betting

Launching online in March 2023, Massachusetts sports betting has been a great success. There are eight online sportsbooks, two more than Vermont can ever have. The tax rate is 10%, and the law allows up to 15 licenses.  

New Hampshire Sports Betting

New Hampshire sports betting is available but has a monopoly-like deal with DraftKings. It has three retail betting locations, and the tax rate is 51%.  

Rhode Island Sports Betting

Like New Hampshire, Rhode Island sports betting is also limited to just one online sportsbook. This one is run by the state lottery in collaboration with William Hill and IGT. The lone sportsbook here is Sportsbook Rhode Island.

No. Online casinos aren’t legal in Vermont. There aren’t any commercial or tribal casinos in the state either.