Vermont Sportsbook Promos: Get up to $4,650 in Bonuses in Aug. 2025

Other Vermont sportsbook promo codes and bonuses

After the Vermont legislature paved the way for legal sports betting, Gov. Phil Scott wasted no time signing HB 127 into law. With Scott putting pen to paper, up to six of the nation's best sportsbooks and best sports betting apps are guaranteed to launch in the Green Mountain State.

Sports betting platforms in VT went live on Jan. 11, 2024, giving Vermonters a handful of betting options. Five sportsbooks submitted a bid for an online sports betting license, but only three — DraftKings, FanDuel, and Fanatics — launched in the state on Day One.

We will continue to update the table below with verified Vermont sportsbook promo codes and welcome bonuses as they become available in the Green Mountain State:

Vermont legislation allows for up to six online sportsbooks to operate in the state. BetMGM and ESPN BET both applied for licenses but did not launch on Jan. 11, 2024. The competition for the final spot could be fierce, with players like bet365 or Caesars Sportsbook being the odds-on-favorite. 

*Have applied for a Vermont online sports betting license, but not launched yet.

1. DraftKings Vermont welcome offer 👑

Already active in Vermont via daily fantasy sports contests, DraftKings has swiftly risen to the top of the sports betting world, providing a product that features one of the best sportsbook promos for new users — a bet $5, get $150 in bonus bets welcome offer. Now that DraftKings has launched its platform in the Green Mountain State, its sign-up promo is among the top Vermont sportsbook bonuses.

Here are the most vital aspects of DraftKings' offer:

• You do not need a DraftKings promo code to begin.
• Following registration, you must submit a $5 minimum deposit and wager $5 or more on any available sports market. 
• Win or lose, DraftKings will credit your account with $150 in bonus bets.
• The reward will be dished out in six (6) $25 bonus bets.
• You must use the bonus bets within seven days, or they will expire.

DraftKings Vermont $1,000 deposit match bonus

DraftKings has an extra welcome offer to take advantage of. It's a 20% deposit match, up to $1,000 in bonus funds. To maximize this promotion, you'd need to make an initial deposit of $5,000. These bonus funds come with a playthrough requirement, meaning you would have to wager $25,000 to unlock the full $1,000 bonus for withdrawal.

This may be beyond the budget of an average casual sports bettor, but it's a potentially lucrative choice if your bankroll supports it. Best of all, new DK users can actually claim both these offers together, for up to $1,150 in maximum bonuses. 

For a complete breakdown of the sportsbook, check out our DraftKings review.

DraftKings promo pros and cons

What does the DraftKings sign-up promo mean for you?

DraftKings makes it really easy with this promo. Just sign up, deposit, and bet at least $5 on any sports market, then receive $150 in bonus bets. It's truly that easy. 

The 20% deposit bonus is automatically applied to your first deposit. Just take a moment to consider the size of that deposit, since it's the only one that counts towards this bonus. 

How much money can you earn with the DraftKings sign-up promo?

The amount of real money you can earn with the DraftKings sign-up promo depends on how you use your bonus bets. You get six (6) $25 bonus bets, which you can only use to make additional wagers. If they are mostly winners, you'll have some profits to cash out. If your bonus bets all lose, you'll be left with nothing. 

Why DraftKings’ bonus is better than the others

What sets DraftKings' offer apart from other Vermont sports betting promos is its low wagering requirement. For just a $5 initial risk, you will score $150 in bonus bets. That kind of value is hard to beat.

2. FanDuel Vermont welcome offer 🔵

Like its rival DraftKings, FanDuel is already well-known in VT for its daily fantasy sports offerings. Now that its terrific sports betting platform has launched in the Green Mountain State, it provides new users with one of the best Vermont sportsbook promos — a No Sweat First Bet up to $2,500.

Here are the most pertinent details of this special VIP offer:

• While a FanDuel promo code isn't needed to obtain the bonus, you do have to download the sportsbook’s mobile app. 
• Create your account and deposit a minimum of $500 or more.
• Make a first wager of at least $500 on any market.
• If your bet loses, you'll receive a full refund via bonus bets.
• Bonus bets cannot be cashed out or transferred, and expire after seven days.

If the $500 deposit and wagering requirement is too steep for your bankroll, FanDuel also has its standard 'bet $5, win $150 in bonus bets' welcome offer available. You can only claim one of the two offers, though.

• After signing up for a new account, your initial deposit must be at least $5.
• Place a qualifying wager of $5 or more on any sports market.
• If your bet wins, you'll score an extra $150 in bonus bets from FanDuel.
• You will receive the bonus bets within seven days of your first wager settling.
• The bonus bets have a lifespan of seven days.

For more expert insight, take a look at our thorough FanDuel review.

FanDuel promo pros and cons

What does the FanDuel sign-up promo mean for you?

FanDuel offers a choice of two great welcome promos. For higher rollers or more experienced bettors, the No Sweat First Bet of up to $2,500 might be extremely appealing, despite it's $500 deposit and betting requirement. 

On the other hand, smaller bankrolls might be more inclined to grab the 'bet $5, win $150 in bonus bets' offer, since it only requires a first bet of $5 or more. 

Of the Vermont betting promos available, only a few allow users to get bonus funds for almost zero risk. FanDuel is one of those sportsbooks since you only have to slap down $5 to potentially earn $150 in bonus bets. You can also pick any market you like, so keep FanDuel's reputation as one of the best betting sites in mind. Your bet does have to win, though, in order to collect. 

How much money can you earn with the FanDuel sign-up promo?

The most you can make from either FanDuel offer is $2,500 in bonus bets. However, you'd have to lose a $2,500 bet first, meaning you're already in the hole. 

The true profitability of either bonus option lies in how you use your bonus bets. If you use them to make winning bets, your bankroll will grow. On the other hand, if you hit a cold streak, your bonus bets could end up translating to very little.

Why FanDuel’s bonus is better than the others

The true advantage of FanDuel VT's offer lies in the bonus being ultra-flexible. You can split up the bonus bets in any way you want. You're not required to use them all at once, nor are they locked into any specific denominations. Plus, you can choose from two great welcome bonuses and pick the one that best suits your betting style or bankroll size. 

3. Fanatics Vermont welcome offer 🧢

Fanatics is the third and final sportsbook that launched in Vermont on Jan. 11, 2024. While not as popular as DraftKings or FanDuel, they bring a solid product to the masses and one that comes with a solid welcome offer. Fanatics is offering up to $1,000 in No Sweat Bet chances for all new VT customers who are 21 or older and register a new account. 

• Download the Fanatics Sportsbook VT app and make a new account.
• You won't need a Fanatics Sportsbook promo code to take advantage of this deal.
• Make your initial qualifying bet of $1 or more on any market, with odds of -500 or longer.
• If your bet loses, Fanatics will refund your entire stake as FanCash (max. $100).
• Repeat this process for the first ten days after creating your account, giving you a maximum of 10 x $100 No Sweat Bets.
• FanCash can be redeemed for Bonus Bets at Fanatics Sportsbook or for merchandise at Fanatics.com.
• Unused FanCash expires after 365 days. All Bonus Bets expire seven days after acquiring them.
• FanCash and Bonus Bets cannot be withdrawn as cash.

If you're looking to break away from the FanDuel and DraftKings duopoly, give Fanatics a whirl. You might just find it suits all your needs. Read our detailed Fanatics review for more information. 

Fanatics Sportsbook promo pros and cons

What does the Fanatics sign-up promo mean for you?

This Fanatics promo nets you ten No Sweat Bet opportunities. Just make ten daily wagers of $1 or more, and Fanatics will insure them against an unlucky loss. You can use any FanCash earned to get Bonus Bets, giving you a chance to (hopefully) recoup your losses. Or you can use your FanCash towards hats, jerseys, and other team merchandise. 

How much money can you earn with the Fanatics sign-up promo?

The maximum value of this Fanatics promo is $1,000. However, you have to wager $100 every day, for ten days straight, in order to collect. The good news is that this offer also works for anyone with a smaller bankroll. Even if you only bet $5 a day, you'll still get ten No Sweat Bet chances to work with.

Why Fanatics' bonus is better than the others

This Fanatics bonus is great because it's spread out over ten days. You can vary your bet size if you like and still potentially earn daily FanCash. Whether you're a novice bettor or a high roller, this bonus has you covered.

Vermont sports betting promos summary

More potential Vermont sportsbooks promos

Only three sportsbooks are available in Vermont on launch day, but we expect more to join the party in the near future. Both BetMGM and ESPN BET have applied for VT betting licenses and are likely to launch in the state soon. On the other hand, Caesars has not confirmed any interest in Vermont, which is a bit odd considering how prevalent the sportsbook is in other legal states. 

Here's everything you need to know about the welcome promos from the sportsbooks we think are likely to join the Vermont scene sometime later in 2024.

BetMGM Vermont expected welcome offer 🦁

One of the industry's more historic brands, BetMGM's reliability and recent focus on delivering high-quality parlays make it a solid addition to any user's sportsbook rotation. If it makes its way to the Green Mountain State in the future, it will likely tender new users a solid Vermont sportsbook bonus — up to $1,500 First Bet Offer .

Do you find the prospect of BetMGM launching in Vermont tantalizing? Then be sure to scour through our BetMGM review for even more details.

BetMGM promo pros and cons

What does the BetMGM sign-up promo mean for you?

When choosing a betting site like BetMGM, you can make a riskier first wager than you might typically be comfortable with because the sportsbook will refund you via bonus bets if it loses.

How much money can you earn with the BetMGM sign-up promo?

The $1,500 first bet offer brings a maximum of $1,500 in bonus bets. However, you have to lose your first bet in order to collect, putting you in the hole right away. However, you can use those bonus bets to make additional wagers, giving you a chance to get back to even (or hopefully more).

Why BetMGM’s bonus is better than the others

BetMGM's bonus is better than others due to its sheer dollar value. Few other sportsbooks offer bonuses of $1,000 or more, and BetMGM's offer hits the $1,500 mark. 

ESPN BET Vermont expected welcome offer 🏈

ESPN BET burst onto the scene in November 2023, launching in 17 different states on the same day. Now they aim to expand their reach by applying for betting licenses in states that are new to the legal betting scene, like Vermont. 

If ESPN BET does end up launching in Vermont, we expect they will bring their bet $10, get $100 in bonus bets welcome offer. It's a nice and simple bonus:

• Register a new account at ESPN BET. You won't need to enter any ESPN BET promo code.
• Make a minimum deposit of at least $10.
• Make any real money bet of $10 or more, on any available betting market.
• Win or lose, ESPN BET will credit your account $100 in bonus bets.
• The bonus bets come as five (5) $20 chunks.
• Bonus bets cannot be withdrawn as cash and expire in seven days.

For more information about this exciting new product from the Worldwide Leader in Sports, head over to our ESPN BET review.

ESPN BET promo pros and cons

What does the ESPN BET sign-up promo mean for you?

The expected ESPN BET Vermont welcome promo is exactly what it sounds like: $100 in bonus bets after you wager $10 or more. After making an account and depositing at least $10 (the minimum), you can bet $10+ on any market, and with any odds. Win or lose, ESPN BET will reward you with five $20 bonus bets. 

How much money can you earn with the ESPN BET sign-up promo?

The maximum bonus amount is $100, which arrives after you make a first bet of $10 or more. You can't withdraw those funds, though, so you'll have to use those bonus bets to make additional wagers on ESPN BET. If those win, you can cash out the profit. 

Why ESPN BET bonus is better than the others

While some sportsbooks require you to win (or lose) your first wager to collect a welcome bonus, ESPN BET gives it to you no matter what. 

Caesars Vermont expected welcome offer 🏛

No operator in the industry radiates glitz and glamour like Caesars, and its sportsbook product manages to back up that flash with an impressive amount of substance. Its ten 100% Profit Boost tokens offer would enter the Green Mountain State as one of the most profitable Vermont sportsbook bonuses.

Here's what else you should keep in mind when anticipating the possible arrival of Caesars' bonus in VT:

• You will need to use the active Caesars Sportsbook promo code — projected to be SBRBONUSDYW — to claim the offer. 
• Following registration and account creation, you must make a first deposit of $10 or more.
• Place your initial wager of at least $1 on any sports market.
• Win or lose, Caesars will add ten 100% Profit Boost tokens to your account.
• Use these tokens to potentially double your winning on ten future bets.
• Profit Boost tokens have no cash value and expire after 14 days.

Eager to learn more about the sportsbook ahead of its potential launch in Vermont? Read our unbiased Caesars review.

Caesars Sportsbook promo pros and cons

Why Caesars’ bonus is better than the others

Simply put, of all the potential Vermont sportsbook promos coming to the Green Mountain State, Caesars' would be among the most lucrative in terms of total dollar value. Each Profit Boost token can earn a maximum of $2,500 in additional winnings. If you were able to go on a miracle streak of hitting long odds wagers, you could technically net $25,000 from this offer. It's statistically improbable, but not technically impossible. 

How we rate and review sports betting promotions

Now that legal sports betting has officially arrived in VT, our industry experts have spent the appropriate amount of time reviewing and analyzing everything they offer. This includes giving particular attention to their Vermont betting promos to determine their quality.

Here are some of the questions we take into account as we make our conclusions:

• What is the minimum and maximum value of the sign-up offer?
• Is the sign-up bonus guaranteed, or does it require additional actions to activate?
• What type of offer is the welcome bonus? Is it a deposit match, a bet and get, or a first bet offer offer?
• Do you need to plug in a promo code to redeem the offer?
• How demanding are the attached playthrough requirements, and can they be completed quickly?
• How fast do the bonus funds expire?

Types of Vermont sign-up offers and bonuses

Now that we know which sportsbooks launched in Vermont on Jan. 11, 2024, we can pass on all the relevant bonus information to you. There are typically three types of welcome bonuses that are most common: bet and get bonus bets, First Bet Offer, and deposit matches. 

All three VT online sports betting sites started by offering bet and get deals, giving guaranteed bonus bets to new users. However, sportsbooks often change their promos from time to time, so let's go over the other basic promos you might see:

Deposit Match 

Deposit match bonuses are self-explanatory — following registration and initial deposit, the sportsbook will match however much you put down, up to a certain amount. For example, if the betting site you chose is offering a 100% deposit match up to $1,000, you can add $1,000 in real cash to your bankroll and receive an additional $1,000 in bonus funds. Don't forget that while cash can be withdrawn whenever you like, bonus funds are limited to being used with the sportsbook. 

Bet and get

Bet and get bonuses are arguably the best type of sign-up offer for first-timers since they typically have low wagering requirements that beget larger rewards. Following your initial deposit and wager — usually about $10 — the sportsbook will credit your account with bonus funds, regardless of whether or not your bet is successful.

Sometimes, there will be an extra condition, such as requiring your first bet to win. The bonus funds are used to make additional wagers on the site, where you can keep the profit if you win. You cannot withdraw bonus bets directly.

first bet offer

first bet offer — sometimes called a no-sweat first bet — is highly prevalent among sportsbooks and will surely lead the most common Vermont betting promos. This sign-up bonus only triggers if your initial wager loses; from there, the sportsbook will refund your stake, up to a specified amount, as bonus funds. For example, Caesars often provides one of the most lucrative first bet offer offers in legal markets with a bonus of up to $1,000.

Referral bonus

Even after the welcome bonuses are claimed, collected, wagered, cashed out, and spent, the promotions aren't over. Most major sportsbooks offer a referral bonus to any customer who successfully recruits a friend to sign up too.

Just send your pals your unique download link. If they create an account and make a minimum first deposit and wager, you'll get a nice monetary bonus from the sportsbook company. Check out of list of the best sportsbook referral bonuses to see who tops the list. 

Vermont online sportsbooks

Vermonters are no longer in the dark when it comes to legal sports betting. House Bill 127, which allows between two to six online sportsbooks to operate within the state, received Gov. Phil Scott's signature and became law on June 14, 2023. For various reasons, including fee structure and operator interest, it was initially projected that Vermont would welcome two to three sportsbooks rather than the maximum six. However, five operators submitted license bids, and three of them launched on Jan. 11, 2024, the first day of legal online sports betting in Vermont.

Here are the Vermont online sportsbooks and Vermont sports betting apps that either have licenses or are considered frontrunners to earn one:

Vermont online and mobile sportsbooks

*Have launched in Vermont

**Could potentially launch in Vermont in the future

Vermont betting resources

Those new to wagering on sports may find the intricacies of Vermont sports betting promos overwhelming. To ensure you're prepared to take that next step, we've assembled some basic resource guides to read first, including how to bet on sports, read betting odds, and properly manage your bankroll.

Before that, though, make sure you're up to speed on all the latest updates on Vermont sports betting and the best Vermont betting apps.

Responsible sports betting with Vermont promos

With HB 127 becoming law, the Vermont Department of Liquor and Lottery (DLL) oversees sports betting in the state. Its duties include reviewing online sportsbook applications, approving licenses, maintaining security, and punishing rulebreakers. It will also lead the charge for responsible gambling, providing resources to prevent and treat addiction while continuously communicating safe gaming practices.

To help further mitigate gambling addiction, the DLL will work with operators directly to supply their users with tools such as self-exclusion lists, account budgets, and timed sessions. 

For more information about responsible gambling and addiction prevention, check out the following resources:

• The Howard Center at 802-488-7777
• National hotline at 800-522-4700
• Vermont Counselor Network
• National Council on Problem Gambling

Promotions & bonuses by state 🌎

Ready to translate your insights into a bet? Find the best sportsbook promos for each corresponding state below. Or check out our legal sports betting state tracker to find the latest betting regulatory information for all 50 U.S. states.