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Legal Vermont sports betting has officially arrived! The state launched online sports betting on Jan. 11, 2024. Green Mountain State bettors can now access some of the best sign-up offers in the nation. To get you started, we've assembled a comprehensive guide on the top Vermont sportsbook promos and bonuses that can earn you up to $2,150 today.

Top Vermont sportsbook promos

#1

Bet $5, Win $150 in Bonus Bets

Features

  • Top-tier app experience.
  • Same Game Parlays and SGP+.
  • Extensive promos and odds boosts.

FanDuel Review

Vermonters can claim an up to $200 in bonus bets post-launch bonus when they register with FanDuel starting on Jan. 11, 2024. 

21+ in VT. Gambling Problem? Call 1-800-GAMBLER.

Features

#2

No Sweat First Bet up to $1,000

Features

  • Lots of promos and odds boosts.
  • Wide range of sports and bet types.
  • Seamless integration with DFS.

DraftKings Review

New customers in Vermont who sign up for an account with DraftKings starting on Jan. 11, 2024, will receive $200 in bonus bets.

21+ in VT. Gambling Problem? Call 1-800-GAMBLER.

Features

#3

Get up to $1,000 in Bonus Bets

Features

  • Live in 15 states
  • Extremely powerful brand history and recognition
  • FanCash reward system is great for sports fans

Fanatics Sportsbook Review

Fanatics Sportsbook has launched its app in a dozen states already, with plans to expand to more in the near future. Fanatics is poised to be a major player in the sports betting industry.

Features

Affiliate Disclosure: Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site.

21+. Gambling can be addictive, please play responsibly

All 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 β€” DraftKings, FanDuel, and Fanatics β€” launched in the state on Day One.

Below, you'll find a list of verified Vermont sportsbook promo codes and welcome bonuses for the three online sportsbooks in the Green Mountain State:

VT sportsbook πŸ†Welcome bonus πŸ’°Promo code βœ…
DraftKingsUp to $1,000 No Sweat first betNo code required
FanDuelBet $5, win $150 in bonus betsNo code required
Fanatics SportsbookBet $100, get $100 in bonus bets (x10 days)No code required

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. 

Potential VT sportsbooks πŸ†Expected welcome bonus πŸ’°Expected promo code βœ…
BetMGM*Bet $5, get $150 in bonus betsSBRBONUS
bet365Bet 5, get $150 in bonus betsSBRBONUS
CaesarsUp to $1,000 first bet on CaesarsSBRBONUS
ESPN BET*Up to $100 in bonus betsNo code required

*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 β€” a No Sweat first bet up to $1,000.

Here are the most vital aspects of DraftKings' offer:

  • You do not need a DraftKings promo code to begin.
  • Following registration, you must make a minimum real money deposit.
  • Bet at least $1 on any available market.
  • If your bet doesn't win, DraftKings will issue a single bonus bet refund equal to the lost amount.
  • Maximum bonus bet award is $1,000.
  • Bonus bets cannot be cashed out and expire in seven days.

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

DraftKings promo pros and cons

ProsCons
βœ”οΈ Qualifying wager is only $1❌ Must lose first bet to claim.
βœ”οΈ High maximum value❌ Expires quickly
βœ”οΈ Simple terms and conditions
Screenshots of DraftKings Sportsbook app for iOS devices. 
DraftKings iOS App

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

This DraftKings promo lets you make your first wager with confidence, knowing you'll get a do-over if it doesn't turn out a winner. As the term "first-bet insurance" implies, your pick is protected against a loss in the form of a bonus bet refund. 

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

The "on paper" value of this bonus is $1,000, but it's not that simple. In order to collect the full bonus, you have to first lose a real money wager of $1,000. That's not an ideal way to start off your betting experience with a new sportsbook. 

If your first bet between $1 and $1,000 does lose, you basically get a second chance to recoup those losses. If you lose twice in a row, you'll be in the negative. And if you do win your first bet, you won't receive any bonus bets at all.

Why DraftKings’ bonus is better than the others

Few sportsbooks offer welcome bonuses that can potentially reach four figures in terms of raw dollar value. That makes DraftKings' $1,000 No Sweat first bet somewhat unique, giving Vermont bettors a different type of welcome. 

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 β€” a bet $5, win $150 in bonus bets deal.

Here are the bonus' most pertinent details:

  • While a FanDuel promo code isn't needed to obtain the bonus, you do have to download the sportsbook’s mobile app
  • After signing up for a new account, your initial deposit must be $10 or more.
  • 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 three days of your first wager settling.
  • The bonus bets have a lifespan of 14 days.
  • Users who claimed FanDuel's Vermont pre-launch offer are still eligible for this welcome bonus.

FanDuel

Bet $5, Win $150 in Bonus Bets

Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site. 21+. Gambling can be addictive, please play responsibly

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

FanDuel promo pros and cons

ProsCons
βœ”οΈ Low initial risk❌ Expires quickly
βœ”οΈ Bonus can be broken into multiple wagers❌ Must download app to claim bonus
βœ”οΈ Just a $10 minimum deposit necessary
Screenshot of the FanDuel Sportsbook mobile app for Android. 
FanDuel Android App

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

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

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

If you win your $5 qualifying wager, you'll get $150 in bonus bets. The true potential for profit comes from how you use those bonus bets. If you consistently pick winners, your $150 could grow and grow. If your bonus bets are used for losing wagers, you could end up with nothing in the long run. 

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 $150 in any way you want. You can make a single $150 wager, ten $15 bets, or 150 $1 micro-wagers. You get to decide. 

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 another potentially lucrative welcome bonus. Fanatics is offering a up to $1,000 in bonus bets deal for all new VT customers who are 21 or older. 

  • Download the Fanatics Sportsbook VT app and make a new account.
  • You won't need a Fanatics promo code to take advantage of this deal.
  • Deposit at least $10 and make a real money wager of $5 or more.
  • You qualifying wager can be on any market, at -200 odds or longer.
  • Win or lose, a matching bonus bet (up to $100 per day) will be awarded, with a 1x playthrough requirement. If a wager wins, you will be paid in cash.
  • You can redeem this promo everyday for 10 straight days, earning up to $1,000 in cumulative bonus bets.
  • Bonus bets cannot be withdrawn as cash and expire in seven days.

Fanatics Sportsbook

Get up to $1,000 in Bonus Bets

Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site. 21+. Gambling can be addictive, please play responsibly

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

ProsCons
βœ”οΈ Guaranteed bonus bets❌ Must be redeemed in $100 increments
βœ”οΈ First bet doesn't have to lose❌ Bonus bets cannot be cashed out
βœ”οΈ FanCash Rewards enrollment is included
Screenshot of Fanatics Sportsbook mobile app for Android devices.
Fanatics Sportsbook Android App

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

The Fanatics Vermont sign-up promo will net you up to $1,000 in bonus bets, up to $100 per day for up to 10 consecutive days. Win or lose, those bonus bets will be added to your account immediately. 

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

Your eventual total earnings depend entirely on how your bets turn out. Since you can't cash out the $1,000 worth of bonus bets, you can only use them to make extra wagers. If you pick a handful of winners, you'll have a nice account balance to withdraw. If your picks lose, though, your bonus could end up being worth zero in terms of dollars in your hand.

Why Fanatics' bonus is better than the others

The $1,000 amount (in 10 $100 increments) is a nice bonus, and comparable to other sportsbooks launching in Vermont. You also get the bonus no matter how your first bet turns out. With only three options available in Vermont on Day One of legal sports betting, it makes sense to try and claim all the bonuses you can.

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 β€” bet $5, get $150 in bonus bets.

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

ProsCons
βœ”οΈ Just a $10 minimum deposit required❌ Bonus bets not very flexible
βœ”οΈ First bet doesn't have to lose❌ Expires quickly
βœ”οΈ Low initial risk required
Screenshot of BetMGM Sportsbook mobile app for Android devices. 
BetMGM Android App

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 give you $150 in bonus bets whether you win or lose.

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

The $150 worth of bonus bets is guaranteed, but you can't cash it out directly. You can only use it to make additional wagers, so your total earnings depend on making winning bets and the odds associated with those picks.

Why BetMGM’s bonus is better than the others

BetMGM's bonus is better than others for a couple of solid reasons. One, you only have to risk $5 to activate it, making it extremely friendly for inexperienced bettors who just want to dip their toes into online betting. Secondly, your first bet can win or lose, and you'll still receive the bonus funds, meaning you don't have to sweat over that first pick too hard.

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 $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, on any available betting market.
  • Win or lose, ESPN BET will credit your account with $100 in bonus bets.
  • The bonus bets come as five (5) $20 bonus bets.
  • 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

ProsCons
βœ”οΈ Can bet any amount to qualify❌ Lower total value than other bonuses
βœ”οΈ Only a $10 minimum deposit required❌ Bonus bets expire quickly
βœ”οΈ Bonus bets are guaranteed❌ 

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 in exchange for a bare minimum risk. After making an account and depositing $10 (the minimum), you can bet any amount, on any market, and with any odds. Win or lose, you'll earn $100 in bonus bets.

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

The $100 in bonus funds cannot be cashed out directly. Instead, you must use the five $20 bonus bet tokens to make additional wagers. If those picks turn out to be winners, you get to keep the profits. So the total amount of money you can earn depends on how your bets turn out, and the odds associated with your picks.

Why ESPN BET bonus is better than the others

The expected ESPN BET Vermont promo requires the least risk of all. You can bet as low as $1 (or less, if allowed) to claim the $100 bonus. Other books typically require a minimum bet of at least $5 (or sometimes more) to snag their bonus funds.

Caesars Vermont expected welcome offer πŸ›

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 up to $1,000 first bet insurance new-user 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 β€” projected to be SBRBONUS1000 β€” to claim the offer. 
  • Following registration and account creation, you must make a first deposit of $10 or more.
  • Place your initial wager on any sports market. If it loses, Caesars will refund your stake, up to $1,000, as a lone bet credit.
  • The bet credit cannot be divided into smaller wagers. It will arrive in your account within 48 hours of your qualifying bet settling.
  • You will have 14 days to use the single bet credit.

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

ProsCons
βœ”οΈ Most profitable expected VT welcome bonus❌ Bonus only activates if initial wager fails
βœ”οΈ Only a $10 minimum deposit required❌ Bonus funds come as a single bet credit
βœ”οΈ Extra Caesars rewards included❌ Cannot withdraw the bet credit as real cash
Screenshot of Caesars Sportsbook app for Android devices. 
Caesars Sportsbook Android App

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

The best Vermont sports betting promos will provide high value in some form or another, and with Caesars' potential offer, that value is obvious: Bet big and possibly win big. New users are incentivized to be a little riskier than normal out of the gate since, should your first bet lose, you'll get your stake back β€” up to $1,000 β€” as a non-withdrawable bet credit.

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

Assuming your initial wager with Caesars goes down in flames, and you acquire the single bet credit reward, you can use it on either an underdog β€” for a potentially massive payout β€” or a favorite β€” for a higher chance of winning. Ensure you choose the path you're most comfortable with.

Why Caesars’ bonus is better than the others

Simply put, of all the potential Vermont sportsbook promos that may come to the Green Mountain State, Caesars' would be among the most lucrative in terms of total dollar value.

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 insurance 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 insurance, 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 β€” 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 β€” usually about $10 β€” 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 insurance

First bet insurance β€” sometimes called a no-sweat first bet β€” 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 insurance 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

VT sportsbookBest known for
BetMGM**King of Parlays
Caesars**Lucrative welcome bonus
DraftKings*Industry leader
ESPN BET**Personality-driven promos
FanDuel*Highly-rated app
Fanatics Sportsbook*Apparel partnerships and rewards

*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.

Vermont sports betting promos quick facts

πŸš€ VT apps launch dateJan. 11, 2024
πŸŽ‚ Legal betting age21+
πŸ”” VT regulatorDepartment of Liquor and Lottery
πŸ–₯️ Remote registrationYes βœ…
πŸ“± Online sports bettingYes βœ…
🎰 Retail sports bettingNo
πŸ… Sports betting apps3 to start; up to 6 max.
πŸ† Daily fantasy sportsYes
☎️ Problem gambling hotline1-800-GAMBLER
ℹ️ Gambling addiction counseling Yes

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:

Vermont sportsbook promos and bonuses FAQs

What’s the best sports betting bonus in Vermont?

The best Vermont sportsbook bonus is currently FanDuel. It gives you a chance to win $150 in bonus bets with only a $5 risk. 

Are Vermont betting promo codes available to existing customers?

In some cases, Vermont sportsbook promo codes could be made available to existing customers. However, this is only the case for daily and weekly offers β€” sign-up bonus promo codes are only for new players. 

Which verified Vermont sportsbook promos are the best value?

All of the Vermont sportsbook promos contain very high value as DraftKings, Fanatics, and FanDuel each have a generous welcome offer. 

How old do I need to be to bet on sports in Vermont?

You must be at least 21 years old to bet on sports in Vermont.

Do all Vermont sportsbooks provide sports betting promo codes?

No, not all Vermont sportsbooks provide a promo code. Many sportsbooks now apply any potential welcome bonus automatically to all players who qualify. If you do need a promo code, we have a verified list of exclusive codes above.

What are legal Vermont sportsbooks' playthrough requirements?

With sports betting now legal in the Green Mountain State, playthrough requirements will vary by operator. Before claiming any welcome bonus, bonus bet, loyalty reward, etc., read the terms and conditions of each β€” this will let you know what must occur prior to requesting a withdrawal.

How many sign-up bonuses can I claim in Vermont?

Players are permitted to claim one sign-up bonus per online sportsbook. Operators regulate this by requiring your social security number during registration.