Vermont Sports Betting

Which sportsbook apps are legal in Vermont right now?

There are three Vermont-authorized sportsbook apps: Fanatics Sportsbook, FanDuel and DraftKings. All three were selected by the Department of Liquor and Lottery after Vermont's 2023 sports wagering law created a competitive contracting process.

Current Vermont offers are:

So, why does Vermont have only three sportsbooks?

Vermont’s three-app market is intentional. State law allows the Department of Liquor and Lottery to contract with between two and six mobile sportsbooks. After a competitive bidding process, Fanatics, FanDuel and DraftKings won the contracts.

Vermont also took a different route to legal sports betting when it came to the payment model. Rather than charging every sportsbook the same tax rate, operators bid for contracts by offering the state a share of their adjusted gross sports betting revenue. The minimum bid was 20%, and each chosen operator also paid a $550,000 fee.

The winning bids were higher:

The state chose the bids that best balanced three goals: raising revenue, steering bettors away from illegal sportsbooks and supporting responsible gambling. Commissioner Wendy Knight later said the negotiated shares were “much higher than it would have been in a tax rate.”

So far, the model has brought in millions for Vermont:

The first period covers less than six months, so it’s not a perfect comparison with FY2025. Still, the takeaway is clear: Vermont chose a small, tightly controlled market, and all three sportsbooks have been live since January 2024.

Which Vermont sportsbook is right for you?

Since Vermont only has three sportsbooks, the choice comes down to only a few things.

Fanatics Sportsbook

Fanatics is the rewards pick. Eligible settled cash wagers can earn FanCash, which can be used for sportsbook rewards or Fanatics merchandise. It's not cash in your sportsbook balance. Fanatics is especially appealing if you already use it, though its selection of lower-profile sports, alternate lines and some props may be thinner than DraftKings or FanDuel.

Verdict: choose Fanatics if FanCash matters more to you than having the deepest betting menu.

FanDuel

FanDuel is the easiest Vermont sportsbook to use, especially for same-game parlays and live betting. Games, props, scores and the bet slip are easy to find, though the homepage can become parlay-heavy during major events, and Cash Out is available only on eligible wagers and may change as the market moves.

Verdict: our first pick for beginners, live bettors and frequent same-game parlay users.

DraftKings

DraftKings is the strongest choice for market depth. Its bigger selection of player props, alternate lines and less common markets is useful, while SGPx works well for parlays across multiple games. The trade-off is a busier interface, and the fact that DraftKings doesn’t always offer the best price.

Verdict: choose DraftKings for deeper props, alternate markets and more complex parlays, but compare prices with FanDuel and Fanatics first.

DraftKings vs FanDuel in Vermont: Which one should you use?

DraftKings is our pick for market depth, while FanDuel is easier to use, especially when games are live. If you bet regularly and care about getting the best number, keeping both accounts is more useful than sticking with just one sportsbook.

Keep in mind prices can vary from one app to the other, meaning DraftKings might have the better spread, while FanDuel has the stronger price on a player prop a few minutes later. Before placing a bet, compare the exact line and odds on both apps.

DraftKings stands out if you like building parlays across multiple games. Its SGPx feature lets you combine eligible single bets and same-game parlays on one ticket, while Dynamic Odds updates the combined price as you add selections. The downside is that the app can feel busy, especially during major events. Boosts, featured markets and prebuilt parlays can compete for attention, and while DraftKings offers plenty of markets, that doesn’t mean it will always have the best price.

FanDuel feels more simple. Game pages, player props, scores and the bet slip are easy to find, and Live Same Game Parlays give you another option once eligible games are underway. The app can still feel parlay-heavy during a big NFL or NBA slate, but it’s generally quicker to move around.

Which is better for live betting?

FanDuel is our choice if you want to find a game, move through live markets and build an eligible live parlay without much searching. DraftKings is the better fit if you care more about having a larger in-play menu than a cleaner layout.

Neither sportsbook is always faster at accepting bets. Markets can be suspended after scores, penalties, reviews, pitching changes and other game events, so timing can vary from one wager to the next.

For live parlays, we would start with FanDuel. For a broader selection of individual live markets and props, DraftKings is the way to go.

The simplest advice is to keep both accounts if you bet regularly. Welcome offers expire, but comparing prices can help every time you place a wager.

What sports and bets are allowed in Vermont?

Vermont sportsbooks can offer standard markets such as moneylines, spreads, totals, parlays, teasers, live bets and props approved by the Department of Liquor and Lottery.

College betting has tighter rules. You cannot bet on a regular-season event involving a college team primarily based in Vermont, even if the game is played elsewhere. A tournament exception allows betting when a Vermont college team qualifies for an eligible collegiate tournament.

Individual NCAA player props remain prohibited, though some team props may be allowed. High school sports and certain events involving participants who are primarily under 18 are also excluded.

Are DFS and prediction markets legal in Vermont?

Yes, regulated fantasy sports are legal in Vermont for players 18 and older. Unlike a sportsbook bet on a game or player prop, fantasy contests use a lineup or team that earns points from real-world player performances. Vermont doesn’t allow fantasy contests based on college, high school or youth sports. Also, some pick'em products may fall outside Vermont's legal definition of fantasy sports, so availability depends on the specific format.

Prediction markets are also available in Vermont through federally regulated exchanges. Instead of placing a sportsbook bet, you buy or sell event contracts whose prices change with the market's expected probability of an outcome.

Do you have to live in Vermont to bet?

No. You must be 21 or older and physically inside Vermont when you place the wager, but you don’t have to live there. That means visitors from New Hampshire, New York, Massachusetts or Quebec can use a Vermont-authorized sportsbook once the app confirms their location.

The rules change as soon as you cross the border. New Hampshire has DraftKings as its only statewide mobile sportsbook and allows betting from age 18, while New York and Massachusetts have their own 21+ sportsbook markets. Quebec operates under a separate Canadian system. This means your sportsbook account may still work in another supported jurisdiction, but the bets and features available there are governed by that location's rules.

If a sportsbook cannot verify that you’re in Vermont, which can happen near a state or international border, make sure precise location access is enabled and move farther inside the state before trying again. VPNs can interfere with the required location check.

How do deposits and withdrawals work at Vermont sportsbooks?

Credit cards cannot be used to fund Vermont sportsbook accounts. Approved payment methods may include debit cards, electronic bank transfers, eligible cash equivalents, sportsbook winnings and promotional credit. Fees may come from the sportsbook, payment provider or your bank.

Vermont sportsbooks must honor valid withdrawal requests within seven calendar days unless they have a good-faith fraud or compliance reason not to. That means the sportsbook must process the request within seven days, though your bank or payment provider may take longer to deliver the money.

If a withdrawal is delayed, check whether the sportsbook has processed it yet. A sportsbook may take time to approve and release the withdrawal, while the bank or payment provider may need additional time to clear and deposit the funds.

What responsible-gambling protections does Vermont require?

Vermont requires sportsbooks to offer deposit and wagering limits. Players can lower a limit immediately or at the next disclosed update, while increases wait until the current limit period ends. You can also place a sportsbook restriction lasting at least 72 hours.

The state's voluntary self-exclusion program covers every Vermont-authorized sportsbook and fantasy sports operator, so you don't need to exclude yourself separately from Fanatics, FanDuel and DraftKings.

Vermont also has a $2,500 lifetime-deposit checkpoint. After deposits exceed that amount, wagering pauses until you acknowledge the threshold, review responsible-gambling information and choose whether to set limits or close the account. You must repeat the acknowledgment annually.

If you or someone you know has a gambling problem, call 1-800-GAMBLER.

How are Vermont sports betting winnings taxed in 2026?

Sportsbook winnings are taxable federally and in Vermont. Report your gross winnings, not just your net profit. Vermont's individual income-tax rates currently range from 3.35% to 8.75%.

Federal rules changed for 2026. Gambling losses are deductible only if you itemize, and the deduction is capped at 90% of your losses or your winnings, whichever is lower. So if you win $10,000 and lose $10,000, you still report $10,000 in winnings and can deduct no more than $9,000 of the losses.

The general W-2G reporting threshold increased to $2,000 in 2026, although sports wagers have additional reporting rules, including a 300-times-the-wager test. Whether you receive a W-2G or not, taxable winnings still have to be reported.

Keep your betting and transaction records. This is general information, not tax advice.