Best Vermont Sportsbook Promos: Get up to $400 in Bonuses in April 2024

The best Vermont sportsbooks are offering welcome bonuses to first-time bettors. Read on to learn everything you need to know about Vermont sportsbook promo codes and bonuses.

Top Vermont sportsbook promos and bonuses

Following Governor Phil Scott signing House Bill 127 and making legal Vermont sports betting a reality, six operator licenses became available for some of the best sportsbooks in the nation. Currently, three sportsbooks — DraftKings, Fanatics, and FanDuel — are active in the state, while two others — BetMGM and ESPN BET — have applied for licenses. 

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FanDuel Vermont promo

With legal VT sports betting officially live, FanDuel is one of three sportsbooks offering Vermont betting promos immediately. New users — including those who registered early — can claim a generous bet $5, get $150 in bonus bets welcome offer.

Here are more details on the promo:

• Even though you don't need a FanDuel promo code to snag the bonus, you are required to download the sportsbook’s mobile app.
• After registering for a new account, your first deposit must be $10 or more.
• Place a qualifying wager of at least $5 or more on any sports market you desire.
• You will receive $150 in bonus bets within 72 hours of your initial wager settling.
• The bonus bets have a seven-day lifespan.

FanDuel promo pros and cons

Our comprehensive FanDuel review has more information on what you can expect from the uber-popular operator.

DraftKings Vermont promo

Known as one of the best NFL betting sites and best NBA betting sites in the U.S., DraftKings Sportsbook provides plenty of great options for using your Vermont sportsbook bonus. New users with DraftKings VT are welcomed with the bet $5, get $200 in bonus bets offer.

Here's what to know about DK's welcome offer:

• A DraftKings promo code is not necessary to get started.
• Following sign-up, deposit $5 or more and wager at least $5 on any sports market.
• Regardless of the outcome of your bet, DraftKings will credit your account with eight (8) $25 bonus bets.
• The bonus should arrive immediately but may take up to 72 hours.
• Should you fail to use the bonus bets within seven days, they will expire.

DraftKings promo pros and cons

DraftKings also features a special NBA playoffs offer where customers can grab a no-sweat token every day of the postseason. These tokens must be used toward same-game parlays. If you opt in, place a qualifying wager and it loses, you'll get your stake back as a bonus bet.

Despite DraftKings providing some of the best Vermont sportsbook promos, you might want additional information before signing up. To learn more about the operator, read our DraftKings review.

Fanatics Sportsbook Vermont promo

Recently entering the sports betting scene, Fanatics Sportsbook has obtained its license from the Vermont Board of Liquor and Lottery and is now available in the state. As it begins its operations, the sportsbook is extending a very friendly welcome offer to players in Vermont. New customers can claim $50 in bonus bets just from signing up. It's a rare instance where no deposit is necessary.

Fanatics Vermont's welcome promo is extremely simple to redeem but here are the specifics you need to know:

• No Fanatics promo code is necessary to claim the offer.
• Register a new account with the sportsbook.
• $50 in bonus bets will be credited within 72 hours of signing up.
• Bonus funds can be spread across multiple wagers in whatever increments you choose.
• You must use your bonus bets within seven days of issuance, otherwise they will expire.

Fanatics Sportsbook promo pros and cons

For more expert analysis and insight, rifle through our Fanatics review.

Upcoming sportsbooks for Vermont promos and bonuses

Vermont's sports betting legislation allows for a maximum of six online sportsbooks to operate within its borders. Currently, three betting sites are up and running, with significant anticipation surrounding two additional contenders, BetMGM and ESPN BET, which have applied for licenses to launch in VT in the future.

Here’s what we know about two of the best sportsbook promos expected to arrive in Vermont soon:

BetMGM Vermont promo

Should BetMGM come to the Green Mountain State, it would instantly become one of the best Vermont sports betting apps. Aside from a sterling reputation, an excellent same-game parlay builder, and quality odds, Vermonters would likely gain access to a bet $5 get $150 welcome bonus.

Here's what you need to know about one of the top potential Vermont sports betting promos:

• Sign up using BetMGM bonus code ODDSBONUS and deposit at least $10.
• Bet $5 on any market
• Once your initial bet settles, you'll receive $150 in bet credits from BetMGM

BetMGM promo pros and cons

If you want to research BetMGM a bit more before its potential launch in Vermont, you can read our BetMGM Sportsbook review.

ESPN BET Vermont promo

The recently introduced ESPN BET is poised to enter the upcoming Vermont betting market, offering two enticing promotions for new users—namely, a "bet anything, get $100" bonus and a $1,000 deposit match. It's important to note that users can only choose one of these potential welcome bonuses.

Here are the terms associated with the "bet anything, get $100 in bonus bets" promotion:

• Register and make your initial deposit.
• Place your first wager of any amount on any sports market of your choice.
• Whether your qualifying wager wins or loses, you'll receive $100 in bonus bets.
• The bonus bets will be awarded in five (5) $20 segments.
• You'll receive the reward within 72 hours and must use it within seven days.

A crucial point to remember is that if you win a wager using bonus bets, the bonus amount will not be included in the winnings as it is not considered real cash.

If you prefer the idea of a $1,000 deposit match, here's what you need to know:

• Once you've created your ESPN BET account, make a first deposit of $10 or more.
• The sportsbook will match however much you put down, up to $1,000, as Eligible Cashback.
• The Eligible Cashback is non-withdrawable.
• Eligible Cashback cannot be used for placing wagers. Instead, it converts to withdrawable funds at a 5% rate for every real-money sports bet you make with odds of -200 or greater.
• If you don't use the Eligible Cashback within 30 days of receipt, it will expire.

ESPN BET promo pros and cons

Should you find yourself interested in discovering more about the platform, dig into our comprehensive ESPN BET review.

Types of Vermont sportsbook promos

When sifting through the list of the best Vermont sportsbook promos in this guide, it's important to have a basic understanding of each bonus type. We've outlined the most popular promos Vermont bettors will likely come across now that sports betting is live in the state. 

Welcome offers

There are some fantastic welcome bonuses waiting for new bettors in Vermont. These promotions come in various forms, such as deposit matches, bet-and-gets, first bet insurance, and more. You may need to enter a special promo code to claim some rewards.

Deposit match bonuses

Deposit match bonuses can appear both as welcome offers or ongoing promotions for existing bettors of an online sportsbook. When provided to an existing bettor, a deposit match is generally called a reload bonus. These promos often match your deposit at a 100% rate, though 50% is also common.

Bet and gets

Bet and get bonuses are generally offered as sign-up promos. A small minimum deposit is needed before you place your first bet, the result of which typically won't impact your reward. For example, if a sportsbook is offering a bet $5, get $150 bonus, you can place your wager of $5 or more to simply receive the $150 in bonus bets.

First bet insurance

Often called a "no-sweat first bet," first bet insurance is a type of bonus that denotes that your first bet must lose to unlock the reward. These offers are generally tied to the amount you bet, and you'll receive 100% of what you wagered back as either one or multiple bonus bets.

Loyalty programs

Major online sportsbooks frequently feature loyalty programs designed to provide special promotions and benefits to existing bettors. These programs typically operate on a tiered system, offering improved rewards as users engage in more betting activities. The benefits may include sport-specific offers, such as incentives for college sports betting or more frequent odds boosts. Notable examples include the DraftKings Dynasty Rewards program, which also awards points for participation in DFS contests, and the Fanatics Sportsbook FanCash Rewards program.

Referral offers

Another one of the most common sportsbook promos is the referral bonus. With these offers, you often receive a unique link or promo code to give to friends and family. Both of you will receive a reward when they sign up and meet specific requirements. The best sportsbook referral bonuses will not only come as a large amount, but they also won't limit the number of people you can refer.

What to look for in Vermont sportsbook promos

When evaluating the best Vermont betting promos, it's crucial to know what criteria to consider. Here, we will highlight some essential questions you should ask yourself whenever you contemplate participating in a promotion at Vermont online sportsbooks.

Are you eligible for the promo?

Of course, you must establish whether you can receive Vermont sports betting bonuses. You have to be 21+ and within the state, but you also need to know if an offer is only available for new sign-ups or people who have never received a bonus at the sportsbook.

How do you qualify for the bonus?

The last thing you want to do is fail to qualify for bonuses you want to claim from the best sports betting apps in Vermont. Ensure you uncover the minimum deposit and wagering requirements and how you can best take advantage of the offer based on the size of your first deposit or bet.

What do you get as part of the offer?

When claiming a sportsbook bonus in the Green Mountain State, you'll want to establish what you are getting. Doing so will help you know if redeeming the offer makes sense based on what might be required for your first deposit and wager.

Are there specific requirements?

There are plenty of specific requirements that can potentially impact obtaining a bonus. For example, you'll need to consider whether there are wagering requirements such as minimum odds or market restrictions set by sports betting apps.

How easy is it to withdraw bonus funds?

Another critical consideration for Vermont bettors when claiming bonus bet offers is the ease of withdrawing funds earned. Bonuses earned using sportsbook promo codes or exclusive links like ours generally come with rollover requirements. You'll need to wager through your bonus bet funds at least 1x before withdrawing associated gains when a bonus bet wins.

How to claim Vermont sportsbook promos

We've discussed which Vermont sportsbook promo codes and bonuses can be obtained. We haven't yet covered exactly how to claim them, and here we will analyze the precise process to take advantage of an online sports betting offer in the Green Mountain State.

Step 1: Sign up with your preferred sportsbook

First, pinpoint a sportsbook that suits you and create your account. Keep in mind that you’ll need to enter some personal information, such as your address, email, and phone number.

Step 2: Enter a promo code

Sometimes, you may need to enter a promo code at this stage in the sign-up process to claim your bonus from sports betting apps. As of now, the welcome offers that are currently available do not require a promo code.

Step 3: Deposit funds

Usually, making a deposit is necessary to claim Vermont sports betting bonuses. You'll have a plethora of payment options to select from, and most promos don’t need you to put down more than $10.

Step 4: Place your qualifying wager

A sportsbook often requires placing an initial wager to claim a bonus. For example, FanDuel Sportsbook's post-launch offer in Vermont is a bet $5, get $150 in bonus bets reward. You'll have to bet at least $5 to garner the $150. 

Step 5: Receive your bonus funds

Now, you are ready to claim your bonus funds. Sometimes, they will be released all at once as one bonus bet or a sum that can be used on multiple wagers. Other times, the bonus funds will be presented in increments.

Benefits of using multiple Vermont sportsbook promos

Since we're here to help Vermont bettors discover quality VT sports betting sites, it's worth noting that signing up for multiple sportsbooks is advantageous. The main reason, of course, is that you can claim Vermont bonuses from each one, building a significant bankroll across myriad apps.

Plus, by capitalizing on multiple Vermont sports betting promos, you can try out different sportsbook platforms and learn to effectively line shop to consistently zero in on the best odds.

Vermont sportsbook promo T&Cs

Since the state's legal sports betting market just opened, many residents will be new to the specifics of Vermont betting promos. Below, we'll analyze some common terms and conditions for sportsbook offers.

Wagering requirements

Wagering requirements are when a sportsbook stipulates how many times you need to wager a bonus before you can withdraw it as cash. Typically, the best U.S. sportsbook promo offers require you to play through a bonus at least once.

Minimum deposit

You will generally find a minimum deposit necessary to claim a bonus. Even when there is a minimum wager, a minimum deposit will generally be in place.

Minimum odds

You may be required to place a bet with particular minimum odds to be eligible to claim a bonus. Always check this condition to ensure you meet the requirements before you wager.

Expiration times

Be mindful to claim any offer you want before the offer expires. In addition, be aware of the expiration date to actualize a qualifying deposit/wager and the time allotted to use bonus bets. 

Eligibility criteria

You need to make sure that you are eligible to claim a bonus. The Vermont Department of Liquor and Lottery — the entity that will oversee sports betting in the state — demands that bettors be 21+ to legally join a sportsbook, claim a bonus, and bet. You also need to be within state lines, and in some instances, there may be other restrictions such as one-time use, for new customers only, or only for those who have never claimed a bonus at the sportsbook.

Benefits of using multiple Vermont sportsbook promos

Since we're here to help Vermont bettors discover quality VT sports betting sites, it's worth noting that signing up for multiple sportsbooks is advantageous. The main reason, of course, is that you can claim Vermont bonuses from each one, building a significant bankroll across myriad apps.

Plus, by capitalizing on multiple Vermont sports betting promos, you can try out different sportsbook platforms and learn to effectively line shop to consistently zero in on the best odds.

Vermont sportsbook promo T&Cs

Since the state's legal sports betting market just opened, many residents will be new to the specifics of Vermont betting promos. Below, we'll analyze some common terms and conditions for sportsbook offers.

Wagering requirements

Wagering requirements are when a sportsbook stipulates how many times you need to wager a bonus before you can withdraw it as cash. Typically, the best U.S. sportsbook promo offers require you to play through a bonus at least once.

Minimum deposit

You will generally find a minimum deposit necessary to claim a bonus. Even when there is a minimum wager, a minimum deposit will generally be in place.

Minimum odds

You may be required to place a bet with particular minimum odds to be eligible to claim a bonus. Always check this condition to ensure you meet the requirements before you wager.

Expiration times

Be mindful to claim any offer you want before the offer expires. In addition, be aware of the expiration date to actualize a qualifying deposit/wager and the time allotted to use bonus bets. 

Eligibility criteria

You need to make sure that you are eligible to claim a bonus. The Vermont Department of Liquor and Lottery — the entity that will oversee sports betting in the state — demands that bettors be 21+ to legally join a sportsbook, claim a bonus, and bet. You also need to be within state lines, and in some instances, there may be other restrictions such as one-time use, for new customers only, or only for those who have never claimed a bonus at the sportsbook.

How we rate sportsbook promos

You may want to know how we arrive at our conclusions when analyzing the best Vermont betting offers. Below are some key criteria we use to determine which sportsbook promotions are the best.

Bonus amount

The bonus amount alone is essential. We certainly value sizable bonuses, especially when bettors have choices regarding what bonuses they obtain. The name of the game is to obtain as many bonus funds as you can when claiming a sportsbook promotional offer, albeit with as few restrictions as possible.

How easy is it to claim?

You don't want a bonus that is a hassle to obtain. It should be simple to sign up for a new sportsbook, enter a promo code if necessary, and meet any deposit or wagering requirements to obtain your offer.

Additional requirements

It is less than ideal if particular and difficult-to-meet requirements exist to obtain bonus bets. These can include unusual or strict wagering requirements or market restrictions, which is another great reason to check the fine print.

Withdrawing bonus funds

Rollovers are an important consideration regarding bonuses. It is best to seek the lowest playthrough requirements to withdraw winnings obtained using bonus bets as soon as possible.

Vermont sports betting resources

You may want to check out some general information on Vermont sports betting, and below are some helpful resources.

Vermont sports betting bill - Details on HB 127, the Vermont sports betting bill.

Department of Liquor and Lottery - The entity that regulates sports betting in Vermont.

Vermont Legislature Online - Official site of the Vermont Legislature.

Vermont Problem Gambling Resource Center - Information to help you gamble responsibly.

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Vermont sportsbook promos FAQs