Online Vermont Sports Betting Sites: Top VT Sportsbooks

The Vermont legal sports betting market is regulated by the state’s Department of Liquor and Lottery. That being said, the recommended sportsbook is entirely legal and safe for VT gamblers. It operates in line with the latest requirements brought forward by the official authority and the corresponding state and federal law.

Evaluating Vermont Sports Betting Sites

Our experts have created a comprehensive scoring criteria that we’ve applied to every single operator in the Green Mountain State. The recommended platform for sports gambling in Vermont stood out with the highest result. If you want to read some of our other extensive rankings and reviews, please check the right side of this page.

Criteria for Ranking Vermont Betting Sites

Gamblers’ safety is always our number one priority, so expectedly, the first thing on our criteria list is legitimacy and trustworthiness of the Vermont betting sites. Then, we consider other key factors like odds, available payment methods, bonuses, and customer service, to name a few. You can find the most essential criteria in the navigation below:

The Vermont online sports betting sites might be new to gamblers from the Green Mountain State, but they are certainly not new in the US. On the contrary, these are operators with excellent reputations and top-quality offerings. The recommended platform provides great odds, outstanding mobile platforms, safe payment methods, and helpful and polite customer service.

Vermont Sportsbooks at a Glance

When gambling online, it’s crucial to find a sportsbook that’s suitable for your specific experience and budget levels. You should also consider your other preferences, such as favorite sports and betting markets. The Vermont legal sports betting sector provides excellent opportunities to choose from, and the same is true for the site recommended in the following table:

We’ve already mentioned some of the most popular sports and events you can bet on, but let’s mention them again. You can wager on baseball, hockey, MMA, football, tennis, and more. There are different betting markets, including moneylines, spreads, and parlays. If you’re new to sportsbooks, you can check the helpful betting guides on the site.

Live Betting

Another highlight of the best Vermont betting site is its “Live In-Game” section, which allows players to engage in real-time wagering on a diverse array of sports, from football and basketball to boxing and even the Academy Awards winners. You get an exciting experience with dynamic odds that evolve as the game/event unfolds.

Best Vermont Sportsbook Odds

Understanding the odds is crucial for a successful sports betting strategy. Essentially, they define the likelihood of different outcomes occurring in a competition. The three most common types you will come across are American, decimal, and fractional odds. The recommended Vermont online sports betting site has created a helpful guide you can refer to.

Additionally, there is an odds calculator, which is rather helpful, especially for newbies. What you have to do is enter your bet amount and odds, and you will receive an estimate of the potential payout for your bets. Below, we have included a comparison between the odds of different sports at the top Vermont sportsbook.

Online betting sites are generally able to offer better odds than brick-and-mortar sportsbooks. This is one of the many reasons why internet gambling has been on the rise over the last few years. If you want to increase your chances of winning, you have to wager on sports with the highest odds.

Another tip we give our readers is to review every platform available in Vermont and select the one with the best odds and highest average payout rate. This is what we actually did when coming up with the top site for sports betting in VT – we’ve included specifics below:

• DraftKings – 95.10% Average Payout

Best Vermont Sports Betting Apps

Any one of the Vermont sports betting apps is able to provide an excellent mobile gambling experience for iOS and Android devices alike. The recommended platform is user-friendly and easy to navigate, offering fast loading times and pretty much the same great odds and wagering opportunities on basketball and baseball, to name a few.

We can all agree that mobile gambling apps provide a convenience hardly matched by anything else. You get the chance to enjoy your favorite activities regardless of your location. The best sportsbook app in Vermont is highly rated by both iOS and Android users. You should use the latest application and OS versions for ultimate performance.

Top Bonuses at Vermont Sports Betting Sites

If claimed and used wisely, the Vermont sports gambling bonuses can add value to your overall experience. There are many different types of sportsbook promotions, including bonus bets, no deposit bonuses, and deposit match amounts. To determine if an offer is right for you, you have to go over its full terms and conditions.

They include crucial details such as the minimum required deposit, validity period, and any wagering conditions. In addition to that, you should also consider things like valid markets and minimum odds. There are various other fine print details and restrictions, including eligible payment methods and betting types, so don’t skip the reading part.

• Playthrough Requirements
• Time Limits
• Minimum Deposits
• Validity Periods
• Minimum Odds
• Minimum and Maximum Limits
• Valid Markets

There are a few different types of bonuses that you will see often featured as New Jersey sports betting promotions. If you sign up to a new NJ sportsbook then you’ll usually receive a first deposit bonus or a first bet offer paid back as bonus bets.

These offers for new players are designed to grab the attention and attract new customers. What’s important is that you read the terms and conditions of each offer as some of them aren’t as good as they initially first seem.

Upon your registration with the best sites for online sports betting in Vermont, you’ll stumble upon the first deposit bonus. As suggested by its name, it is available only for new gamblers. Depending on the platform, this may be any of the previously mentioned promo types. For example, you might receive a bonus bet at the same amount as your initial deposit.

Another one of the Vermont sports betting promotions you can come across is a first bet offer paid back as a bonus bet (cashback, money back), which guarantees a total or partial return of your stake in case of a loss. On the other hand, a no deposit bonus is just that – an amount you can claim without any initial investment. It is no surprise that typically, these offers come in low amounts of $10.

Sometimes, we might be tempted by what appears to be a bonus offering a large amount, but that’s not always the most beneficial option for you. The great deals at the best Vermont online sports betting sites come with several specific advantages, some of which we’ve included below:

You have to look for attainable playthrough requirements, long validity periods, and a variety of eligible markets. We can all agree that it would be rather disappointing if you claim a generous promotion and it turns out that due to inadequate terms and conditions, you aren’t able to withdraw your potential bonus winnings.

Leading Payment Methods in Vermont

Another essential factor we consider important is the range of payment methods you can use for deposits and withdrawals. The top sportsbook in Vermont offers popular options such as Mastercard, PayPal, and Bank Transfer. Here is a full list of available payment methods for VT players:

Every one of the available options has its limitations and restrictions. It’s crucial to check the minimum and maximum deposit and withdrawal limits, possible transaction fees, and processing times. While deposits are usually processed instantly, the same is not true for VT sportsbooks’ cashout requests. They may take up to a few business days.

Staying Safe at Online Vermont Sportsbooks

According to data from a report published on the official Vermont Government website, there were about 140,000 VT residents involved in illegal wagering. Legalizing the online sports betting market in the state was the right step to protect customers and create a new source of tax revenue generation.

The benefits of playing at the safe online sports betting sites in Vermont are countless. As you know, when registering with a new sportsbook, you have to provide quite a few personal details, including your full name, physical address, and sometimes even your social security number. You don’t want any of these falling into the wrong hands.

The legal sports betting sites in Vermont use the latest 256-bit SSL encryption technology by reputable companies like DigiCert and Let’s Encrypt. This means that any sensitive data you share with the sportsbook recommended by our experts is responsibly managed and protected. Additionally, the obligatory Know Your Customer (KYC) checks minimize the chance of fraud and identity theft.

Last but not least, the Vermont legal sports betting sites encourage responsible gambling in any way they can. You will be asked to set deposit, time, and loss limits to keep your activities in line. If needed, you can access different resources and organizations that aim to provide professional support. You can even self-exclude from gambling altogether.

To avoid the tremendously negative impact that such problems may have on you and your loved ones, you must wager responsibly at all times. If you or someone you know is suffering any signs of compulsive gambling, we urge you to contact the National Council on Problem Gambling and ask for assistance.

The Importance of Customer Service

Regardless of how good the leading Vermont betting sites are, you might require some assistance at one point or another. Some of the most common queries from players are related to the ID verification process and account issues. That’s where a knowledgeable and polite customer service team comes into play.

The top Vermont online sports betting sites offer multiple methods of contacting their customer service representatives. The most popular ones are live chat and phone, and we recommend you use them for urgent matters due to their fast response times. In addition to that, the recommended operator features an “FAQ” page.

A well-rounded VT sportsbook customer service offering with 24/7 availability gets the highest mark in our evaluation. This is yet another advantage that made the best sports betting site in Vermont stand out from its competitors. Now, let’ see what earned the operator some additional bonus points.

Conducting Vermont Sports Betting Site Reviews

So far, you’ve probably gained an idea of how we rate the sportsbooks in Vermont or any other US state or country worldwide. We use a comprehensive set of criteria and in-depth research to create extensive evaluations with as many helpful details as possible. In the next paragraphs, we’ll dive deeper into the topic.

We only recommend legal NJ sports betting sites and we review any new sites that launch. Make sure you bookmark this page and check back frequently to see if we have added any new bookies to our recommendations.

How to Calculate Average Payouts

We’ve rated hundreds of sportsbooks worldwide, and one thing is certain – average odds may vary across different platforms and sports. For example, one operator can offer high odds for football and lower odds for something else, such as hockey or tennis. This would be great news for football fans but not so great for tennis enthusiasts.

Even a small difference in the odds can have a significant impact on your potential winnings over time, so you have to pay attention. We recommend you shop around at multiple sites to find the best odds for your preferred sports. The top VT sportsbook you can try here provides competitive odds across all markets.

If the odds at the Vermont legal sports betting sites are kind of confusing to you, let us clarify them for you. Wagering at sportsbooks can be difficult for someone with little to no experience, unlike playing at online casinos, where things are relatively more straightforward.

The good news is that there is a simple formula, which you can use to calculate the margin or vigorish (also known as “juice” or “vig”) of the Vermont online sports betting sites. You can apply it to all sports, which is even better. The formula consists of several steps, so let’s review them.

First, you have to calculate the payout level at the Vermont betting sites. Begin by transforming the odds for each possible outcome into a percentage format. Next, tally these percentages together and finally, input your aggregated figure into this formula: (100/sum of percentages)*100. This will yield the payout level you’re seeking.

Now that this is out of the way, you can proceed to calculate the margin of the Vermont online sports betting sites. You do that by subtracting the payout rate from 100*(100-payout rate). A result that closely approaches 100 indicates a more favorable condition and a smaller vig (or juice) that a VT sportsbook extracts from that market.

Vermont betting sites aim to balance their books to ensure they have an evenly distributed liability across all possible outcomes and remain profitable. By achieving this balance, they minimize their risk regardless of the event’s result. The commission, or vig, comes into play here, serving as the sportsbook’s guaranteed income.

The Impact of Payouts and Commissions

We’ve already mentioned that you have to look for the sportsbook with the highest possible odds and payout rates. Even a small difference can be substantial to the gambler’s bottom line. Let’s give you an example with a game between two teams both having 50% chance to win. It’s clear that the lower the payout is the lower the odds are.

From the second table, you can see that regardless of whether you wager $10 on the home or away team, you can lose $1.52 with just an 8% reduction in payout. Now, imagine what happens if we accumulate such losses over the long run. Ensure to use all resources at your disposal to help you make the right choice.

Testing Customer Service

Since customer service is crucial in our rating, we spend considerable time testing response times, helpfulness, politeness, and overall reliability. The best Vermont betting sites must score high on these criteria to even make it to our ranking. The recommended sportsbook is immaculate in this regard.

It offers 24/7 availability over live chat, phone, and email. You get quick and efficient responses, and most often than not, you’ll also be able to find the answers to your queries on the dedicated FAQ page, which is divided into sections such as “Sportsbook”, “Rewards & Promotions”, and “Deposits & Withdrawals”.

How We Rate Available Payment Methods

We also prefer Vermont online sports betting sites with extensive deposit and withdrawal options. Our experience shows that every gambler has their own expectations and is more inclined towards specific payment methods. Some of you may prefer traditional options like debit or credit cards, while others look for innovative providers such as e-wallets and even cryptocurrencies.

It’s also best if the sportsbook does not charge any extra fees, which is predominantly the case. For example, other financial institutions, like your bank, may have additional costs, so you have to check the corresponding terms and conditions. Remember that you should be responsible and ensure your safety.

Overall Platform Performance

It’s imperative that the leading Vermont online sports betting sites have high-quality platforms with user-friendly navigation, fast loading times, and a streamlined look. This applies to both their desktop and mobile versions. Considering the technological advancements in recent years, this is the least of what we expect.

Not to mention that faster sites can help you get bets locked in before odds change, which is crucial for optimal wagering experience. This immediacy ensures you don’t miss out on value due to unnecessary delays, maximizing your potential returns and enhancing your betting strategy.

How We Award Bonus Points for Extra Features

We have 10 additional points we distribute when a site stands out above the others. What we look for is an active social media presence, internal news, and VIP programs, to name a few. These things can further boost your interaction with Vermont betting sites.

We count how many live streaming options there are, and VT sportsbooks get from zero to three points. We repeat the same process for social media activity. Two points are then distributed for award wins and another two points for virtual betting or horse racing, making a total of 10 in the best-case scenario.

Online VS In-Person Betting: Pros and Cons

Betting Exchange & Early Cashout

Online sportsbooks have given rise to innovations like betting exchanges and early cashouts. These two are becoming increasingly popular among gamblers at Vermont betting sites. If this is your first time hearing about them, don’t miss the following paragraphs in which we give a more detailed explanation of the two terms.

Betting Exchanges vs. Vermont Online Sportsbooks

The main difference between a betting exchange and VT sportsbooks is that in betting exchanges, you are wagering against other players on the outcomes of various events. This setup enables users to offer and accept odds from others, potentially leading to better odds compared to traditional operators.

Betting exchanges have their odds set by market fundamentals rather than a single sportsbook. Users place bets against each other, offering and requesting odds for various outcomes. As more bets are placed, the odds adjust according to the prevailing market consensus. This leads to potentially more accurate and competitive odds.

Early Cashout

Some Vermont betting sites offer early cashouts, but they are usually available for specific bets and situations. They allow you to take some profit before the end of the game or event. This is also a great chance for gamblers to potentially cut their losses in case things start going south.

The recommended Vermont legal sports betting site has cashouts available for pre-game, live, future and parlay bets and can be for more or less than your original wagered amount, depending on how events unfold following your bet placement. Once you add your bet to your bet slip, you can see if it is eligible for early cashout.

History of Online Sports Gambling in Vermont

When it comes to gambling, Vermont is one of the most restrictive US states. Land-based and online casinos and poker rooms cannot operate in the state. The same goes for brick-and-mortar sportsbooks. Until recently, the only legal gambling activities were pari-mutuel horse betting, daily fantasy sports, the state lottery, and charitable games of chance operated by non-profit organizations.

Things took a turn, when online and mobile sports gambling in Vermont was legalized on June 14, 2023. The first three sportsbooks in the state went live on January 11, 2024, and they are regulated by the Vermont Department of Liquor and Lottery. Some people think that this is the first step towards creating a more welcoming gambling environment in the Green Mountain State. We’ll make sure to keep you posted on any future updates.

Every licensed Vermont online betting operator must pay a tax of 20% of adjusted gross revenue. Winnings from such activities are also taxable once by 24% as per federal law and a second time by an individual tax rate of 6% for VT gamblers and 7.25% for out-of-state players.

Legal Vermont Betting Sites Licensing Requirements

According to the June Act 63 legalizing online sports betting in VT, there could be only six licensed operators in the state. As of writing this article, five sportsbooks have submitted requests for licenses with the Vermont Department of Liquor and Lottery and three of them have already receive them and operate officially for gamblers.

The legal Vermont gambling sites follow the rules and regulations brought forward by the VT Department of Liquor and Lottery. They use the latest 256-bit SSL encryption technology and apply the best responsible gambling policies and practices. You can rest assured that you engage in a safe gambling environment.

We can’t stress this enough – the only way to be completely safe is by gambling with licensed Vermont sports betting sites. Any other operator is illegal under the Unlawful Internet Gambling Enforcement Act of 2006. They cannot protect your sensitive data or provide a proper resolution in case of a dispute of any kind.

The legal Vermont online sportsbooks have excellent reputations and go through stringent security checks by multiple third parties such as GLI and iTech Labs. They have proven time and time again that they are trustworthy and safe for players from the Green Mountain State.

Unregulated Sportsbooks Operating in Vermont

Final Thoughts

In this detailed guide about the best Vermont betting sites, we’ve discussed anything from licenses and safety to bonuses, mobile compatibility, payment methods, and more. Now that you have all the information you need, it is up to you to decide which operator works best for you. To make things easier for you, we’ve included a recommended sportsbook below:

The site is licensed and safe and has ranked highly on all our criteria. We update our rankings on monthly basis, so if you bookmark this page, you’ll have access to the latest news in the Vermont online sports betting scene. You can also check some of the other articles and reviews on our website.

We hope that soon we’ll be able to announce another change in the state’s gambling landscape, like, for example, online casinos being legalized. Still, let’s not get ahead of ourselves and be patient – the VT sportsbooks are only the first step on the long road towards a more comprehensive gambling market.

Frequently Asked Questions

We’ve tried to make this guide as extensive as possible, but if there’s anything left unanswered, feel free to contact our team. Below, we’ve come up with a short FAQ section, including the most common questions from Vermont sports betting enthusiasts. Hopefully, this will shed more light on the topic.