Best Vermont Sports Betting Promos & Bonuses 2024

There is light at the end of the tunnel for sports fans in Vermont: sports betting will become legal on Jan. 11, 2024, just in time for the NFL playoffs. Three sportsbooks have already been granted licenses to launch on that date, with the possibility of more down the line. 

This page is all about betting bonuses in Vermont. Our experts have gone through every single bonus available in the state with a fine-toothed comb. We’ve put together a complete guide to the promos you can expect in the Green Mountain State, how to claim them, terms and conditions, and a lot more.

Best Vermont Sportsbook Promos

The sports betting industry is going to launch in Vermont with at least three sportsbooks: DraftKings, FanDuel and Fanatics. Each one has its own welcome bonus aimed at attracting new players, along with other promotions for Vermont bettors. DraftKings and FanDuel both have Vermont pre-registration bonuses, which you can read about further down this page.

Vermont Sportsbook Promo Codes

Bonuses and promos can greatly enhance the betting experience. Bonus bets give you more betting opportunities and let you try out new types of bets and sports. Second-chance bets mitigate some of the risk for first-time bettors. Odds boosts give the best possible price, at the expense of the book.

Some sportsbooks require promo codes to unlock a specific bonus, while others just require you to sign up and make a qualifying deposit. Check out the latest Vermont promo codes below:

How We Rated the Best MA Sportsbook Promotions

Our rating process is based around one very simple principle: we actually sign up and opt into the bonuses to provide our readers with first hand knowledge about how they work. Our team of experts has been around the block and seen just about every type of bonus out there, so we know what to look out for. We ask our experts to pay special attention to each of the following five factors:

1. Accessibility - how easy is it to opt into the bonus? Is a promo code required? Are there any other special qualifying details to be aware of, like deposit or qualifying bet sizes? We consider all of this.

2. Value - how valuable is the bonus compared to other standard bonuses in the industry? What is the total dollar amount you can hope to save or earn from claiming the bonus? Is it worth it, basically?

3. Type of Bonus - we like to understand what type of bettor will benefit the most from each type of bonus. Whether you are a high or low-frequency gambler, making large or small bets, sticking to one sport or mixing and matching, etc. 

4. Playthrough - lots of bonuses have wagering requirements attached before you can withdraw any winnings. It’s one of the biggest factors for rating bonuses, and we make sure we understand exactly how the process works by testing it out.

5. Other Terms and Conditions - there are lots of other conditions to be aware of with bonuses, which we always take into consideration. We’re going to go into more detail on them later on this page. 

A Closer Look at the Top Sportsbook Bonuses in Vermont

There are two main pre-registration promos available at Vermont sportsbooks right now, which we are covering below. Vermont sports betting industry is just getting off the ground, and we fully expect more sportsbooks with more bonuses and promos to arrive in the state down the line. When they appear, we’ll add them here. 

1. DraftKings Vermont

DraftKings pre-registration bonus to all Vermont players is a massive $200 in bonus bets. If you are looking for a promo offer with minimum requirements, this is a great deal. DraftKings has a similar promo in other states that requires you to make a qualifying bet to unlock your bonus bets and Vermont isn't any different. All you have to do is deposit at least $5, bet at least $5, and you'll get $200 in bonus bets within 72 hours. Your bonus will be split into eight $25 portions, which you can use to bet on any market available on DraftKings. Just keep in mind that you have to use them within seven days.

DraftKings has lots of other offers too, including weekly promos depending on the most popular sports and matches at any given point in the sporting calendar. We cover them more in our extensive DraftKings review.

DraftKings Sportsbook User Ratings:

2. FanDuel Vermont

FanDuel is one of the biggest giants in US sportsbook industry and for a good reason. Their mobile app is one of the best and their promo offers are lucrative.

The FanDuel Vermont promo offer is simple: Bet $5, Get $150 in Bonus Bets. To claim this offer, you'll have to open a FanDuel account, deposit at least $10, and bet $5 on any market. Just like DraftKings offer, your bet doesn't have to win.

FanDuel also has a great Refer a Friend promo where you and your friend can both earn bonus bets, as well as regular Odds Boosts. You can read more about other offers in our extensive FanDuel review. You'll see why we keep recommending it.

FanDuel Sportsbook User Ratings:

How to Claim Your VT Sportsbook Bonus

Calming your Vermont sportsbook promo is a straightforward process and it only requires basic personal information to set up your account.

Once sports betting kicks off in Vermont around January 11, 2024, your pre-registration bonus bets will be ready to use. For the FanDuel offer, remember that, after the industry goes live, you'll need to make at least a $10 deposit and place your initial $5 bet to unlock the second part of your bonus bets.

As of now, none of the offers in Vermont require a promo code. However, there's a chance you might need one in the future. If anything changes, we'll update this page.

A promo or bonus code is like a password you enter during registration to unlock a specific bonus. Alternatively, a common way to activate a bonus is to sign up at a sportsbook, make a qualifying deposit, and/or place a qualifying first bet—similar to what you do with FanDuel.

When claiming any bonus, the most important thing to do is to read and follow the instructions carefully.

What Types of Sports Betting Promotions Are There in Vermont?

Vermont sports bettors are taking just their first steps in a long and exciting journey. As the sports betting industry grows, VT bettors are going to be able to choose between all kinds of valuable offers and promos. We’re covering the main ones to be aware of below. 

Bonus Bets

Bonus bets are like betting vouchers. Normally, a sportsbook hands out a certain amount of bonus bets in exchange for signing up and placing your first bet. If you win using a bonus bet, you only get to keep the profits. There could be other terms and conditions too, like not being able to use bonus bets in combination with Odds Boosts. 

Second Chance Bet

With this type of welcome bonus, the sportsbook refunds your first bet if it loses, up to a certain value. The refund doesn’t come in cash. Rather, it comes in bonus bets or site credit. This is a great offer if you’re planning to sign up to place a single bet on the larger side or if you’re a more risk-averse bettor looking for a safety net. 

Deposit Match

In this case, the sportsbook will match a certain amount of your first deposit up to a certain value. As usual, the matched money comes in bonus bets or site credit, so you can’t withdraw it without first using it to bet. This type of bonus becomes more valuable the more money you are prepared to spend up front. 

No Deposit Bonus

With this promo, the sportsbook provides a small bonus bet in exchange for signing up. It’s the only type of bonus you can claim without having to spend any of your own money. Many sportsbooks do require you to make a deposit at some point before they will let you withdraw the winnings from a no deposit bonus, however. The value of these offers tends to be on the smaller side too, like $10 or $20. 

Odds Boosts

Odds boosts are when the sportsbook selects some bets to receive special enhanced odds. Often, they will choose a selection of betting markets from the most popular upcoming games, to provide some extra encouragement for their users to bet on them. They tend to get updated every day or every week, depending on what’s happening. Some sportsbooks let their users choose which bets they want to receive a boost.

Parlay Boosts

With a parlay boost, the sportsbook gives you an extra boost on the odds the more legs you add to the bet. Sometimes all your selections will have to be from a certain category to qualify for a boost, like from a single round of NFL matches for instance.

Reload Bonus

A reload bonus is just like a deposit bonus, except offered for future deposits as opposed to just your first. Some sportsbooks offer one reload bonus per month, or you can choose one day per week when you can claim a reload bonus. They are a great way for sportsbooks to encourage existing users to stay engaged.  

Real Prizes

Sometimes sportsbooks give away real prizes, like branded merchandise or even goods like iPhones or tablets. With online sportsbooks that are connected to luxury casino resorts (like BetMGM or Caesars), you can sometimes win real life benefits like hotel discounts or restaurant vouchers. 

Referral Bonus

A Refer a Friend bonus is when you get a friend to join a sportsbook and you both earn rewards, normally bonus bets. Your friend will either have to sign up via a unique referral link connected to your account, or type in your unique referral code when they sign up. They also usually have to make a deposit or place a bet before your bonuses are unlocked. 

Rewards Programs

A rewards program or loyalty program is any kind of ongoing promotion where the sportsbook lets you earn different bonuses depending on your betting activity. Often, you’ll receive a certain number of reward points every time you place a real money bet, which you can cash in for different promos like the ones we’ve described above. 

Bonus Terms and Conditions 

If you take away just one piece of information from this page, it should be this: make sure you read and understand the terms and conditions before you claim a Vermont sports betting bonus. Sportsbooks aren’t trying to trick their customers, but they do tend to emphasize the attractive parts of their offers, while leaving any tricky terms and conditions to the small print. 

In this section, we’re explaining all the most important terms and conditions you need to be aware of. 

Rollover Requirements

Also known as playthrough, turnover or wagering requirements, rollover requirements mean you need to bet with some bonus money a certain amount of times before you can withdraw any winnings. For instance, if you receive $50 in credits with 5x rollover requirements attached, you will need to place a total of $250 in bets before you can withdraw any winnings from your original bonus.

Rollover requirements are designed to protect the sportsbook and ensure that customers don’t just sign up, claim a bonus and then immediately withdraw their money without even using it to place a bet. 

Generally speaking, playthrough rates are more significant with online casino bonuses than with online sportsbooks. Usually, you’ll just have to use your bonus bets once and then you can keep the winnings. However, it’s important to be aware that this might not always be the case.

Minimum Deposit or Qualifying Deposit

Sportsbooks sometimes require you to deposit a certain amount of money to unlock a bonus, known as a qualifying deposit. You just need to make sure you deposit enough money to qualify for the promo. 

Qualifying Bet

Similarly, sometimes you need to place a first bet of a specific amount in order to trigger a bonus, known as a qualifying bet. FanDuel Vermont promo bonus involves placing a $5 qualifying bet to unlock your bonus bets.

However, there might be other requirements entirely. Promos may have multiple conditions, such as the type of bet you can use, the sports it applies to, the minimum odds required, and whether the bet needs to be a winning one or not.

For example, to qualify for a second chance bonus, you actually have to lose your qualifying bet.

Minimum Odds

Often, you’ll only be able to use your bonuses on bets where the odds hit a certain threshold. This is to prevent people from betting on incredibly likely outcomes in order to clear their wagering requirements or unlock their bonus money. 

On a related note, many bonuses can’t be used if the odds have already been improved as a result of a different bonus. For instance, you may not be able to use a bonus bet on a market with boosted odds. A safe rule of thumb is to assume that you can never mix multiple bonuses and credits.

Maximum Bet

Similarly, there is often a limit to the amount you can bet on bonus markets or special promotional bets like Odds Boosts. 

Expiration Date

Pretty much all sports betting bonuses have time limits. You need to make sure you either trigger or use up your bonus before the expiration date, if you don’t it will just disappear. 

Best VT Sportsbook Promos by Sport

One of the best things about sports betting bonuses is the way that sportsbooks come up with different promos for different sports. The offers change up all the time, depending on what is attracting the most interest in the sporting calendar.

NFL

NFL is the most popular sport to bet on in the US. The season is also comparatively condensed, so you can expect lots of interesting promos in the weeks and months that everyone is watching. Futures bets on the Super Bowl winner are hugely popular at both DraftKings and FanDuel. Head over to our NFL betting promos page for more details.

NBA

DraftKings is known for offering a No-Sweat Same Game Parlay during the regular season, which is a great offer. You can definitely expect special offers and promos by the time the playoffs come around too, as well as for other events like March Madness. Read all about ongoing NBA promotions and offers.

MLB

DraftKings and FanDuel both frequently have MLB Odds Boosts available during the regular season, plus more promos by the time the playoffs roll around. Check out our MLB promos page for more information.

NHL

The winner of the Stanley Cup is a popular futures market, and FanDuel has been known to offer NHL parlay boosts during the regular season. SGP bonuses are also popular in the NHL. Check out our NHL bonuses page for more information. 

Can I Claim Welcome Bonuses from More Than One Sportsbook in Vermont?

Absolutely. It’s perfectly legal to claim welcome bonuses from multiple sportsbooks. However, you can’t create multiple accounts at the same sportsbook, or claim the same bonus multiple times. 

Signing up to multiple sportsbooks is a great idea for a couple of reasons. For one, welcome bonuses are always the most valuable promos you can get, so it makes sense to maximize them if possible. Ultimately, the more welcome bonuses you claim, the more money you are likely to save. Having multiple accounts is also great for shopping around for the best odds, which is an extremely effective sports betting tactic. 

All that said, signing up for multiple sportsbooks should only be done as part of a balanced and healthy relationship with sports betting. It’s easy to get overwhelmed, and some bettors might prefer the simplicity of just one account.

Responsible Gambling in VT

There are lots of initiatives in Vermont to encourage responsible gambling and protect bettors in the state. The industry is overseen by the Department of Liquor and Lottery, where you can find information and resources about how sports betting works in the state. Vermont has also chosen to ban credit card deposits, a decision made to protect vulnerable bettors running up gambling debts on their credit cards. 

There are nationwide support systems too, which have lots of great support and information if you or anyone you know has a gambling problem:

• National Center for Responsible Gaming

• Gamblers Anonymous 

• National Council on Problem Gambling 

Final Verdict

It’s still relatively early days for sports betting in Vermont, with just a handful of sportsbooks ready to launch when the industry goes live in January 2024. Thankfully, those books are already locked and loaded with pre-registration offers when you sign up in advance of that date, plus a whole host of ongoing bonuses when the industry does go live. 

As more sportsbooks launch in the Green Mountain State, we can expect more bonuses and promos to become available. When they do, we’ll add them right here on this page. 

Remember to read the terms and conditions carefully for any bonus you claim and to gamble responsibly in Vermont.