Best Sports Betting Bonuses and Promos in Vermont

Vermont sports betting is officially live, and bettors in the Green Mountain State are finally getting a piece of the action. The state launched online sports betting in January 2024 with three legal operators: FanDuel, DraftKings, and Fanatics Sportsbook. That means real competition, great bonuses, and plenty of options for Vermont fans. This guide breaks down the best Vermont sports betting bonuses, how to claim them, and how to make the most of your first bets, all in simple terms that make sense for new and experienced players alike.

Is Sports Betting Legal in Vermont?

Yes, sports betting is fully legal in Vermont for anyone 21 or older. Governor Phil Scott signed House Bill 127 into law in June 2023, officially making Vermont the 38th state to legalize sports wagering.

The state launched online sports betting on January 11, 2024. Vermont took an online-only approach, which means there are no retail sportsbooks or casinos offering in-person betting. You can place wagers anywhere in the state using your phone or computer once your location is verified.

Here’s what matters most:

• Who regulates it: The Vermont Department of Liquor and Lottery oversees all sports betting activity, licensing, and responsible gaming enforcement.
• Who can bet: You must be at least 21 years old and physically located within state borders. Geolocation software confirms this automatically.
• What you can bet on: Professional and college sports, plus international events. You can’t bet on in-state college teams unless they’re playing in multi-team tournaments like March Madness.
• Licensing and tax details: Each operator pays an annual licensing fee of $550,000, and winnings are taxed at 6% for residents and 7.25% for out-of-state players. At least $250,000 annually supports Vermont’s Responsible Gaming Fund.

Vermont may still add more sportsbooks in the future. The state received applications from BetMGM and PENN Entertainment, and new operators could join the market as soon as 2026.

Read more: NFL Betting: The Ultimate Guide for the 2025/2026 Football Season

Best Sports Betting Bonuses and Promos in Vermont

1. FanDuel Vermont – Best Overall Welcome Bonus

Bonus Offer: Bet $5, Get $150 in Bonus Bets if Your Bet Wins

FanDuel is Vermont’s most popular sportsbook, offering an easy-to-use app, fast payouts, and deep coverage across major sports. You can bet on the NFL, NBA, NHL, MLB, college sports, soccer, UFC, tennis, and golf. FanDuel also provides same-game parlays, live betting, and daily odds boosts.

To claim the bonus, deposit at least $10 and place a $5+ bet. If your wager wins, FanDuel credits $150 in bonus bets within 72 hours. You can split the bonus across multiple bets or use it all at once. Bonus funds expire in seven days.

Best for: Casual bettors who want a clean, reliable app and a simple bonus.

2. DraftKings Vermont – Bet $5, Get $300 + NBA League Pass

Bonus Offer: Bet $5, Get $300 in Bonus Bets if Your Bet Wins + 3 Months of NBA League Pass

Boston-based DraftKings gives Vermont bettors one of the best welcome packages in the country. Place a $5 first bet, and if it wins, you’ll receive $300 in bonus bets, plus three free months of NBA League Pass. The bonus arrives as twelve $25 bet tokens and expires after seven days. DraftKings also offers a 20% deposit match up to $1,000, valid through December 2025. 

Best for: Experienced bettors who want big bonuses and advanced options.

3. Fanatics Sportsbook Vermont – Up to $2,000 in No-Sweat Bets

Bonus Offer: Up to $2,000 in FanCash with Code: ACTION

Fanatics Sportsbook brings a unique twist with FanCash, a system that rewards both losing and winning bets. New users can claim up to $2,000 in FanCash through ten daily “No Sweat Bets.” If your bet loses, you get FanCash credited to your account up to $200 per day.

FanCash can be used for future bets or redeemed for merchandise from Fanatics’ store. You can also opt for a simpler Bet $50, Get $250 in FanCash bonus if you prefer a one-time offer.

Best for: Bettors who want flexible rewards and consistent daily bonuses.

4. Bovada – Top Offshore Option

Bonus Offer: 50% up to $250, or 75% up to $750 with crypto

Bovada isn’t state-licensed but remains a trusted offshore sportsbook for U.S. players. It features competitive odds, 26+ sports markets, and fast crypto payouts. Bettors enjoy access to props, parlays, live betting, and niche markets not found on local apps.

Crypto deposits earn a 75% match up to $750, while standard payments get a 50% match up to $250. Bovada also runs regular reload and referral bonuses.

Best for: Live betting, crypto users, and niche markets.

5. BetOnline – Best for Market Variety

Bonus Offer: 50% up to $250 or 100% up to $1,000 with crypto

BetOnline covers more markets than almost any other sportsbook, from U.S. leagues to international sports and even entertainment props. Deposits are fast, payouts are reliable, and crypto users benefit from the best rewards.

Best for: Deep markets, sharp odds, and fast payments.

6. MyBookie – Mobile-Friendly and Simple

Bonus Offer: 50% up to $1,000

MyBookie is built for speed and ease of use. The mobile app is quick, the interface is intuitive, and same-game parlays are easy to build. MyBookie also offers weekly reloads and cashback rewards for loyal players.

Best for: On-the-go bettors who want a smooth mobile experience.

Shurzy tip: Don’t limit yourself to one sportsbook. Sign up for multiple apps, grab the welcome bonuses, and compare odds before you place your bets. More accounts mean more value and better long-term returns.

Read more: Everything You Need to Know About NBA Prop Betting

How to Choose Your Vermont Sportsbook

With three legal apps and several trusted offshore options, choosing your sportsbook comes down to what you value most.

• Bonuses and promos: FanDuel, DraftKings, and Fanatics all offer solid welcome bonuses. Offshore sites like Bovada and BetOnline give higher crypto rewards but are not state-licensed.
• Market variety: DraftKings and BetOnline lead for player props and niche sports. Fanatics adds daily FanCash perks that keep you playing longer.
• Ease of use: FanDuel and MyBookie have the cleanest apps for beginners. Both make deposits and withdrawals simple.
• Payment methods: State apps take credit, debit, and PayPal. Offshore sportsbooks favor crypto for faster, lower-fee transactions.
  
  
• Odds and lines: Even small differences matter. Check multiple sportsbooks to find the best value before betting.

Shurzy tip: Open more than one account. Claim each welcome bonus and compare odds, it’s the easiest way to stretch your bankroll and get better returns over time.

Read more: NHL Betting:The Ultimate Guide for the 2025/2026 Hockey Season

How to Claim a Sportsbook Bonus in Vermont

Claiming your Vermont sportsbook bonus is quick and simple. Here’s how to do it step by step:

1. Choose your sportsbook. Pick an operator that fits your style. FanDuel, DraftKings, and Fanatics are fully legal in Vermont. Offshore options like Bovada or BetOnline offer bigger crypto bonuses but are not state-licensed.
2. Sign up for an account. Download the app or visit the website. Enter your name, date of birth, address, and email. State-regulated apps also verify your location and age automatically.
3. Enter a promo code (if required). Some sportsbooks need a code during sign-up. For example, use ACTION on Fanatics Sportsbook or NEW50 on the Rhode Island app (for reference). FanDuel and DraftKings don’t require codes.
4. Make your first deposit. Most sportsbooks need at least $5–$10 to qualify for a bonus. Use a debit card, PayPal, or crypto, depending on the app.
5. Place your qualifying bet. Place your first wager on any sport. For FanDuel and DraftKings, it’s a $5 minimum. For Fanatics, it’s $10 or more.
6. Receive your bonus. Once your bet settles, your bonus bets or FanCash are added automatically. They usually expire within 7–14 days, so plan ahead.

Shurzy tip: Always read the bonus terms. Look for expiration dates and wagering requirements so you don’t lose your rewards by accident.

Sports Betting Tips for Beginners in Vermont

If you’re new to sports betting, Vermont is a great place to start. The apps are user-friendly, and the bonuses give you free chances to learn the ropes. Here are a few quick tips to bet smarter:

• Start small. Begin with $5 or $10 bets while you learn how odds and payouts work.
• Stick to what you know. Bet on teams or leagues you already follow as it helps you make more confident picks.
• Compare odds. Even tiny differences between FanDuel, DraftKings, and Fanatics can change your payout. Always check before placing a bet.
• Use your bonus bets wisely. Save them for games where you see real value, not random matchups.
• Avoid chasing losses. If you’re on a cold streak, step away and reset. Betting with emotion almost never ends well.
• Track your bets. Write them down or use an app to spot patterns and improve your decision-making.

Shurzy tip: Think of betting like watching game day with friends. It’s supposed to be exciting, not stressful. Keep it fun, stay disciplined, and the wins will feel even better.

Check out our full betting toolset to start spotting profitable lines.

Responsible Betting in Vermont

Sports betting should always stay fun and under control. Vermont’s Department of Liquor and Lottery oversees responsible gaming and ensures every licensed sportsbook provides safety tools for bettors. You can set deposit limits, use timeout features, or join the self-exclusion program if you need a break.

If gambling starts feeling stressful, help is always available:

• National Problem Gambling Helpline: 1-800-522-4700 (call, text, or chat anytime)
• Vermont Problem Gambling Services: 1-800-GAMBLER for free counseling and support
• Vermont Gambling Help: VTGamblingHelp.org for local programs and treatment options
• Gamblers Anonymous: Free peer meetings in person and online

Shurzy tip: Set a budget before you bet, and stick to it. When betting stops being fun, take a timeout, your bankroll and your mindset will thank you.

Final Take — Vermont’s Bonus Scene Is Growing Fast

Vermont’s betting market might be young, but it launched with some serious firepower. With FanDuel, DraftKings, and Fanatics competing head-to-head, players get access to strong bonuses, fair odds, and one of the smoothest mobile betting experiences in the country. Each app brings its own edge: FanDuel for ease, DraftKings for depth, and Fanatics for flexible rewards like FanCash.

If you’re looking for even bigger promos, trusted offshore sites like Bovada and BetOnline give you larger crypto bonuses and wider betting markets, though they aren’t licensed by the state.