Vermont is on the brink of a new era in sports betting, with the anticipated launch of legal sports betting on January 11, 2024. This exciting development brings with it a flurry of opportunities for sports enthusiasts and bettors alike.
In this guide, we delve into the world of Vermont sportsbook promos, focusing on six major sportsbooks expected to go live with the launch. Our comprehensive analysis aims to guide you through the best promotions these platforms are likely to offer, ensuring you’re well-prepared to make the most of these opportunities.
List of Expected Vermont Sportsbook Promos
The table below outlines the expected promos from six leading sportsbooks set to enter the Vermont market. These promos are based on current offerings and industry trends, providing a glimpse into what bettors can anticipate.
| Sportsbook | Expected Promo | Possible Promo Code |
| DraftKings | Bet $5, get $150 in bonus bets | No code required |
| FanDuel | Bet $5, win $150 in bonus bets | No code required |
| BetMGM | Up to $1,500 in bonus bets | No code required |
| BetRivers | $500 2nd Chance Bet | SPORTS |
| ESPN Bet | 100% Deposit Match Up to $1,000 + $200 in Bonus Bets With your First Wager | No code required |
| Caesars | Up to $1,000 in Bonus Bets if First Bet Loses | No code required |
Stay tuned for more updates and detailed insights into each sportsbook’s offerings as the launch date approaches.
DraftKings Vermont Promo
DraftKings, a renowned name in the sports betting industry, is expected to offer a compelling promotion for Vermont bettors, similar to what they’ve offered in other states. Although not yet available in Vermont, the anticipated promo is a “Bet $5, Get $150 in Bonus Bets” offer. This promotion would be a fantastic opportunity for new customers in Vermont to kickstart their sports betting journey.
To claim this potential promo, new customers in Vermont would need to sign up for a DraftKings Sportsbook account, deposit a minimum of $5, and then place a qualifying bet of at least $5 on any eligible market during the promotional period. Upon meeting these requirements, they would instantly receive $150 in Bonus Bets, issued as six $25 bets. This offer would provide a significant boost to new bettors, allowing them to explore various betting markets with a substantial bonus amount.
Key terms of this possible promo include:
- Minimum $5 deposit and $5 qualifying bet required.
- Bonus Bets issued as six $25 bets, valid for seven days.
- Bonus Bets must be wagered 1x time; only winnings from these bets are withdrawable.
- The promo is expected to be valid for new customers who meet the eligibility criteria in Vermont.
- Bonus Bets cannot be used on all promotions, odds boosts, profit boosts, Early Win promotions, cash out bets, and voided bets.
FanDuel Vermont Promo
FanDuel, a leading name in the sports betting industry, is expected to offer an attractive promotion for Vermont bettors, similar to what they’ve offered in Illinois. While this promo is not yet available in Vermont, it’s anticipated to be a major draw for new users. Based on FanDuel’s current promotions in other states, Vermont bettors might have the opportunity to win $150 in bonus bets following a $10 deposit and a successful $5 moneyline wager.
To claim this potential promo, new customers in Vermont would need to register for a FanDuel Sportsbook account, deposit a minimum of $10, and then place a $5 moneyline wager on any sports market. If this initial wager wins, they could receive $150 in bonus bets. This offer would provide a significant boost to new bettors, allowing them to explore various betting markets with a substantial bonus amount.
Key terms of this possible promo include:
- Deposit at least $10 and place a $5 moneyline wager on any sports market.
- If the $5 moneyline wager wins, receive $150 in bonus bets.
- Bonus bets will be credited within 72 hours of bet placement.
- Bonus bets must be used within seven days or they will expire.
- No FanDuel promo code is needed to claim this welcome bonus.
BetMGM Vermont Promo
BetMGM is expected to roll out an enticing promotion for Vermont sports bettors, similar to what they’ve offered in other states. This promo, although not yet available in Vermont, is anticipated to be a significant draw for new users. Based on BetMGM’s current promotions elsewhere, Vermont bettors might have the opportunity to receive up to $1,500 in Bonus Bet credits if their first real money sports wager loses.
To claim this potential promo, new customers in Vermont would need to open a BetMGM Sportsbook wagering account during the promotional period, make a qualifying deposit of at least $10, and place their first real money sports wager. If this first wager doesn’t win, they could receive Bonus Bet credits, up to a maximum of $1,500, depending on the amount of their initial wager.
Key terms of this possible promo include:
- Minimum $10 deposit and first real money sports wager required.
- Only the first $1,500 of a Qualifying Bet are eligible for this Sports Promotion.
- Bonus Bet credits awarded if the first wager loses, up to a maximum of $1,500.
- Bonus Bets must be used within seven days of being credited to the account.
- Bonus Bets can be used as one straight bet, one Parlay, or one Same Game Parlay.
BetRivers Vermont Promo
BetRivers is anticipated to introduce a “First Deposit Second Chance Bonus Bet” promotion for Vermont sports bettors, mirroring what they’ve offered in other states. This promo, not yet available in Vermont, is expected to be a significant opportunity for new users. Based on BetRivers’ current promotions elsewhere, Vermont bettors might be able to receive a Bonus Bet equal to their first wager’s stake, up to $500, if their first wager loses.
To claim this potential promo, new customers in Vermont would need to make their first deposit using the code SPORTS and place their first real money sports wager. If this initial wager doesn’t win, they could receive a Bonus Bet equal to the stake of that wager, up to a maximum of $500. This offer would provide a substantial safety net for new bettors, allowing them to place their first bet with a sense of security.
Key terms of this possible promo include:
- Make a first deposit using the code SPORTS and place a real money wager.
- If the first wager loses, receive a Bonus Bet equal to the stake, up to $500.
- Bonus Bet will be awarded within 24 hours of the qualifying wager settling as a loss.
- Bonus Bets expire 30 days after issuance.
- Bonus Bets can be placed on any offering with odds of -200 or longer.
ESPN Bet Vermont Promo
ESPN Bet, a rising star in the sports betting arena, is expected to launch an enticing promotion for Vermont bettors, akin to what they’ve offered in other states. While this promo isn’t currently available in Vermont, it’s poised to be a game-changer for new users. Based on ESPN Bet’s promotions in other regions, Vermont sports enthusiasts might soon enjoy a two-part welcome bonus totaling up to $1,200.
To claim this potential promo, new Vermont customers would need to sign up with ESPN Bet, where they could be eligible for a 100% deposit match bonus up to $1,000, with a 20x playthrough requirement. Additionally, after placing any sportsbook wager, they could receive $200 in bonus bets, distributed as four $50 bets. This dual offer would provide a substantial boost to new bettors, allowing them to dive into a wide range of betting markets with a significant bonus cushion.
Key terms of this possible promo include:
- 100% deposit match up to $1,000, with a 20x playthrough requirement.
- Receive $200 in bonus bets (four $50 bets) after placing any sportsbook wager.
- Bonus bets expire seven days after being issued.
- No ESPN Sportsbook promo code needed to claim the sign-up bonus.
- The deposit match bonus requires $20,000 in qualifying bets to clear the full amount if a $1,000 deposit is made.
Caesars Vermont Promo
Vermont sports bettors can look forward to a possible promo from Caesars Sportsbook, similar to what the operator offers in other states. While not yet available, the expected promo could be a lucrative opportunity for new users. Based on Caesars’ current promotions elsewhere, Vermont bettors might be able to claim up to $1,000 in bonus bets.
To activate this offer, new users would need to create an account, make an initial deposit of at least $10, and place their first real money wager on any available market. If the first wager doesn’t win, Caesars might refund the stake up to $1,000 in bonus bets. It’s important to note that this is a speculative promo based on Caesars’ offers in other regions and is not yet available in Vermont.
Key terms to consider for this potential promo include:
- Minimum deposit of $10 required to activate the offer.
- The initial real money wager must be placed within 30 days of account registration.
- If the first wager loses, the stake is refunded as bonus bets, up to a maximum of $1,000.
- Bonus bets cannot be divided into smaller wagers and must be used in one subsequent bet.
- Bonus funds, if issued, would expire after 14 days from receipt.
What Types of VT Sports Betting Bonuses Could Be Available?
As Vermont gears up for the launch of sports betting, bettors can look forward to a variety of promotional offers from sportsbooks. These bonuses are designed to enhance the betting experience and provide added value. Here’s a rundown of the types of bonuses that could be available:
- Welcome Bonuses: These are introductory offers for new customers, typically involving bonus bets or credits upon signing up or making a first deposit.
- Deposit Match: This bonus matches a percentage of the player’s deposit with bonus funds, effectively doubling the betting power for a given deposit.
- Loyalty Rewards: Aimed at regular bettors, these programs offer points or credits for continued play, which can be redeemed for various perks.
- Referral Bonuses: Bettors can receive bonus credits for referring friends who sign up and deposit at the sportsbook.
- Odds Boosts: Enhanced odds on specific events or bets, offering higher potential returns than the standard odds.
- Parlay Insurance: Provides a safety net for multi-leg bets, where a bettor receives some form of credit back if only one leg of their parlay fails.
- Seasonal Promotions: Special offers tied to major sports events or seasons, like playoffs or championships, offering unique betting opportunities or bonuses.
How Will We Review and Rank Vermont Sportsbook Promos?
Our approach to reviewing and ranking Vermont sportsbook promos is thorough and objective, focusing on factors that matter most to bettors. Here are the criteria we use:
- Value of the Bonus: We assess how much value the bonus adds to the bettor’s experience, considering both the size of the bonus and the likelihood of actually benefiting from it.
- Wagering Requirements: Bonuses with lower or more achievable wagering requirements score higher, as they are more user-friendly.
- Validity Period: We consider how long the bonus is available for use, as longer validity periods give bettors more flexibility.
- Restrictions: Fewer restrictions on bet types, sports, or events associated with the bonus lead to higher rankings.
- Ease of Use: Bonuses that are straightforward to claim and use without complex procedures are preferred.
- Promo Diversity: Sportsbooks offering a wider range of different types of promotions are ranked higher for catering to diverse betting preferences.
- User Feedback: We incorporate user reviews and feedback, as real-world experiences provide valuable insights into the practical aspects of these promos.
By applying these criteria, we aim to provide a comprehensive and balanced view of the sportsbook promos available to Vermont bettors, helping them make informed decisions.
FAQ
What is the official launch date for legal sports betting in Vermont?
Legal sports betting in Vermont is scheduled to launch on January 11, 2024. This follows the state’s legislative process and approval of an online sports betting bill, HB 127, earlier in the year. Vermont bettors eagerly await this significant date for the state’s sports betting industry.
What are the eligibility requirements for participating in Vermont sportsbook promos?
To participate in Vermont sportsbook promos, bettors must be at least 21 years old and physically present in Vermont. These requirements ensure compliance with state gambling laws. Eligibility may also depend on specific terms set by each sportsbook, such as account registration or initial deposits.
What should bettors know about the wagering requirements for Vermont sportsbook bonuses?
Bettors should be aware that sportsbook bonuses in Vermont come with wagering requirements. For example, DraftKings offers $200 in bonus bets with a 1x wagering requirement, meaning bettors must bet the bonus amount once before withdrawing winnings. Understanding these requirements is crucial for maximizing bonus benefits.
Will Vermont sports betting include options for betting on college sports?
Yes, Vermont sports betting will include options for betting on college sports. However, there will be restrictions on betting on in-state college teams except during significant events like March Madness. This policy aligns with common practices in sports betting across various states.
How many online sports betting sites are expected to operate in Vermont?
Vermont law allows up to six online sports betting sites. Initially, prominent operators like DraftKings, FanDuel, and BetMGM are expected to be among the first to launch. The exact number of operators will depend on the contracts secured by the Vermont Department of Liquor and Lottery.