Vermont is one of the newest US betting markets, launching in January 2024, and one of the most tightly run. The Green Mountain State has no casinos and no retail sportsbooks — it’s a mobile-only market with just three licensed apps, chosen through a competitive bid that secured the state an unusually high revenue share. This guide covers what’s legal in Vermont and how to get started.
Is online gambling legal in Vermont?
Yes. Vermont legalized online sports betting under H.127, signed by Governor Phil Scott in June 2023, and launched on 11 January 2024, regulated by the Vermont Department of Liquor and Lottery. The market is online-only and capped at three operators — DraftKings, FanDuel and Fanatics — selected by RFP (applications from BetMGM and Penn/ESPN BET were turned down). You must be 21 or older and physically located in Vermont to bet, confirmed by geolocation. Real-money online casino is not legal in Vermont.
What you can play in Vermont
- Sportsbooks: mobile betting from the three licensed operators.
- Daily fantasy sports: legal in Vermont through DraftKings, FanDuel, PrizePicks, Underdog and Sleeper.
- Horse racing: pari-mutuel wagering for Vermont bettors through licensed ADW apps.
- Online casino: not yet legal in Vermont — see the outlook below.
Online gambling in Vermont by the numbers
| Metric | Latest figure |
|---|---|
| Launched | 11 January 2024 (online-only) |
| Tax | Revenue share of 31–33% (above the 20% minimum) |
| Monthly handle | Roughly $20–22 million |
| Operators | 3 (DraftKings, FanDuel, Fanatics) |
| Online casino | Not legal |
| Minimum age | 21+ |
Three operators, a high revenue share
Vermont deliberately kept its market small. State law allowed up to six online operators, but regulators selected only three through a competitive bid: DraftKings, FanDuel and Fanatics. Rather than a flat tax, each pays the state a revenue share — DraftKings and Fanatics 31% each, FanDuel 33% — which the lottery commissioner described as far better than a conventional tax rate would have delivered. In practice that puts Vermont’s effective rate above 30%, near the top of the national range despite its tiny size.
The structure reflects Vermont’s priorities: tight consumer protection and steady public revenue over a sprawling open market. Part of the proceeds funds problem-gambling services, including a state help website and live chat launched with matching lottery money. A few rules to note: Vermont restricts wagering on in-state college programs except when they are competing in tournaments, and there is no retail betting anywhere — the old Green Mountain racetrack hasn’t hosted live racing in over 15 years.
For a state its size, Vermont’s market has been notably efficient. It was the 38th state to legalize, and its first Super Bowl in the legal era drew more than $2 million in wagers. Monthly handle runs around $20–22 million, producing roughly $460,000 a month in state revenue — nearly matching far larger Maine on a fraction of the volume, thanks to that high revenue share. Officials did trim early projections after bettors won an unexpectedly high share of wagers, a reminder that revenue swings with results, but the model has proved steady.
The best Vermont sportsbooks
Because Vermont caps the market at three operators, your choices are DraftKings, FanDuel and Fanatics. Of the books we work with and can verify, FanDuel operates in Vermont — strong on app quality and same-game parlays. Compare the live Vermont offers on this page before signing up.
For more, see our Vermont sportsbook guide and promo codes page.
Popular bets and Vermont sports
Vermont has no major pro franchise, so loyalties split between Boston teams and, to the north, Montreal, while UVM’s Catamounts carry the local college flag. Standard Vermont markets — moneylines, spreads, totals and parlays/same-game parlays — are all available. The NFL drives the most handle, with the NBA, NHL and college rounding out the calendar.
A practical note for Vermont bettors: with only three apps and an effective tax above 30%, promotions can be a little leaner than in low-tax states, so it pays to compare welcome offers and ongoing odds boosts across DraftKings, FanDuel and Fanatics before settling on one. There’s no in-person option anywhere in Vermont — every legal bet is placed on a phone or computer — and the three operators were specifically vetted for consumer protection, so you can register with confidence at any of them. Set a deposit limit before you start.
Bet types explained
Most Vermont bettors get by with a few wager types. In Vermont the moneyline backs a winner straight up — the Catamounts, for instance — and a point spread adds a margin to balance favorite and underdog. A Vermont totals bet shifts the focus to combined scoring, parlays reward Vermont players who tie several picks together on one slip (every leg must hit), same-game parlays do that within a single the Catamounts fixture, and futures plus live betting round out the Vermont menu as the odds move during play.
Choosing a Vermont sportsbook
With only three apps, the choice is simpler than most states — focus on the welcome offer, app quality, market depth and withdrawal speed. FanDuel and DraftKings tend to lead on same-game parlays and live betting, while Fanatics leans on its rewards. Keeping two accounts lets you compare prices on the games you follow most.
How to start betting in Vermont
Signing up in Vermont is quick — be 21+ and inside Vermont, pick a licensed Vermont sportsbook, and create an account with accurate information for verification. After opting into the Vermont promo and depositing, set your limits, place your first Vermont bet, and cash out whenever the offer’s Vermont conditions are satisfied.
Will Vermont legalize online casino?
Not yet. Vermont has no casinos and no online-casino law, and there’s no active push to add iGaming. For now, sports betting, DFS and horse racing are the only legal online options — stick to the three Vermont-licensed sportsbooks rather than offshore sites. We’ll keep this Vermont page updated if that changes.
For the full picture, see our Vermont online casino guide, which tracks whether and when real-money iGaming might reach Vermont.
Is online gambling safe in Vermont?
Yes, provided you use the three operators licensed by the Vermont Department of Liquor and Lottery. Licensed apps are audited for fair odds and prompt payouts, protect deposits, and verify identity, age and location before each bet — the safeguards Vermont bettors would gain from a regulated market. Unregulated offshore sites offer none of those safeguards, so always confirm a sportsbook is Vermont-licensed before depositing.
Responsible gambling in Vermont
Betting in Vermont should stay entertainment, not a way to chase money or claw back losses. Every licensed Vermont operator hands you deposit, wager and time limits plus cool-off and self-exclusion tools, and the trick is to set them when you open the Vermont account rather than after a rough night. If it stops being fun, that is your cue to step away — and confidential help in Vermont is a free call or text to 1-800-GAMBLER, around the clock.
Vermont sports betting FAQ
1. Is online sports betting legal in Vermont?
Yes. Online sports betting launched on 11 January 2024, regulated by the Department of Liquor and Lottery. The market is online-only and capped at three operators: DraftKings, FanDuel and Fanatics. You must be 21+ and physically inside Vermont.
2. How many sportsbooks does Vermont have?
Three, chosen by competitive bid: DraftKings, FanDuel and Fanatics. BetMGM and Penn/ESPN BET applied but were not selected.
3. Is online casino legal in Vermont?
No. Real-money online casino games are not legal in Vermont — only sports betting, DFS and horse racing.
4. How is Vermont’s betting taxed?
Through a revenue-share deal rather than a flat tax: DraftKings and Fanatics pay 31% and FanDuel 33%, putting the effective rate above 30%.
5. Which sportsbook is best in Vermont?
Of our partners, FanDuel operates in Vermont; DraftKings and Fanatics are the other two licensees. With only three apps, compare welcome offers and app quality.
6. Are prediction markets like Kalshi legal in Vermont?
Prediction markets such as Kalshi are open to Vermont residents because they count as federal financial contracts rather than Vermont sports betting. That keeps them national even where Vermont limits books, but it is genuinely unresolved — courts backed Kalshi against state regulators in 2026 and appeals continue. Vermont players should see them as a different, CFTC-governed product.
7. Are sweepstakes casinos legal in Vermont?
In Vermont, sweepstakes (“social”) casinos such as Chumba and Stake.us run on dual-currency mechanics that keep them outside Vermont gambling rules. The trade-off for Vermont players is fewer protections than a licensed sportsbook offers, and a status several states are now challenging, so approach them warily in Vermont.
8. Is daily fantasy sports (DFS) legal in Vermont?
DFS is available to Vermont players under its own rules, distinct from Vermont sports betting. The main names in Vermont are DraftKings and FanDuel, with PrizePicks, Underdog and Sleeper offering the player-pick format.
9. Can I bet on horse racing online in Vermont?
Yes. Pari-mutuel horse racing is open to Vermont residents through licensed ADW apps such as TVG (FanDuel Racing), TwinSpires and AmWager, covering tracks nationwide and separate from the Vermont sportsbook.
10. Where can I get help for a gambling problem in Vermont?
Help in Vermont is free, confidential and available 24/7 — call or text 1-800-GAMBLER, or use the deposit limits, cool-off periods and self-exclusion tools in every licensed Vermont app. Nobody in Vermont has to be in crisis to reach out.
21+. Must be physically located in Vermont. Gambling problem in Vermont? Call 1-800-GAMBLER.