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There are two near-identical Vermont betting bonuses available for new players right now. At both FanDuel and DraftKings, the welcome offer is “Bet $5, Get $200 in Bonus Bets”.
We have tested out both of these offers, and you can find our reviews of each one below. Additionally, we have highlighted the T&Cs for each bonus and we have walked you through the process of claiming and using the bonuses.
Requirements (WR): | 1x Deposit |
Min. Deposit: | $10 |
Min. Odds: | - |
Requirements (WR): | 1x Bonus |
Min. Deposit: | 5 |
Min. Odds: | - |
Requirements (WR): | - |
Min. Deposit: | - |
Min. Odds: | - |
A bill to legalize online sports betting in Vermont was passed by the governor in 2023, with the first Vermont sportsbooks going live in January 2024.
The legislation permits up to six companies to offer mobile sports wagering by the Vermont Department for Liquor and Lotteries. B bets and other promotions are allowed, and both at FanDuel and DraftKings in VT, you can find a $200 bonus bets welcome offer, as well as odds boosts and other promotions for new players.
To be able to sign up to FanDuel or DraftKings and claim the $200 welcome offer, you need to be aged at least 21 or older and physically located in Vermont. Non-residents are allowed to bet and claim these offers, you just have to verify your account with any form of government-issued ID.
Before we take a closer look at some specific offers, here are the main pros and cons of Vermont betting bonuses in general:
Two Vermont sports betting apps are currently live, FanDuel and DraftKings. As we mentioned above, both of them have a very similar welcome offer for new players right now.
With a $5 qualifying bet, you can get $200 in bonus bets, regardless of which of the sportsbooks you sign up for. Still, there are a couple of subtle differences in the T&Cs which we have highlighted below:
Sportsbook | Welcome Offer | Bonus Type | Minimum deposit | Qualifying bet | Playthrough | Time limit |
---|---|---|---|---|---|---|
FanDuel Vermont | Bet $5 get $200 in bonus bets | Bonus bets (unspecified amount but do not need to be used as one lump sum) | $10 | $5 | N/A | 7 days |
DraftKings Vermont | Bet $5 get $200 in bonus bets | 8 x $25 bonus bets | $5 | $5 | 1x | 7 days |
With the FanDuel VT promo for new customers, you can get $200 bonus bets when you sign up and deposit $10, then bet $5 of that as a single stake on any sports betting market. The good thing about this bonus is that there is no playthrough requirement. This means that any winnings are yours to keep.
The format of the bonus bets is not specified, but you don’t need to use your $200 as a single stake, it can be divided across multiple bets. As is usually the case, your bonus bet stake value is not included in your returns.
Once you have made your qualifying bet, you should get your bonus bets within 72 hours after which the bonus lasts for seven days.
Here is a walkthrough guide of everything that you need to do to claim and use this bonus:
You need a minimum deposit and bet of just $5 to claim your $200 in DraftKings Vermont bonus bets. Once you have made your qualifying bet, you will get your bonus in the form of eight $25 bonus bet tokens within 24 hours.
You have seven days to use your bonus bet tokens, during which time you must wager the bonus amount 1x if you want to withdraw your winnings. As is usually the case with bonus bets, the stake value is not included in your returns.
For example, if you were to use one of your $25 at odds of +100, you would get just the $25 profit in your payout, not $50 (profit + stake).
As we did for the FanDuel offer, here is how you can claim the DraftKings welcome bonus:
In Vermont, you can bet on professional and collegiate sports online. At FanDuel and DraftKings, there are almost no restrictions regarding what you can use your bonus bets on.
This means that you are free to use it on all of the markets, including US and international sports. FanDuel is particularly good for NBA and MLB betting, while DraftKings stands out for the NFL and NHL.
Although you can bet on college sports using your bonus, you are not allowed to wager on Vermont-based college sports teams. The only exception to this rule is when they are playing in national NCAA competitions.
When it comes to making your first deposit to claim your welcome bonus in Vermont, there are plenty of options available to you. However, we must first of all start by pointing out something that is not available.
In Vermont, you cannot fund your online betting account using your credit card. However, you can still use your debit card, Trustly, wire transfers and other online banking options.
Additionally, FanDuel and DraftKings both have branded Play+ prepaid cards that you can use for deposits and withdrawals. When it comes to e-wallets, betting sites that accept Venmo and PayPal are popular in The Green Mountain State.
Below, you can check out the main deposit methods for FanDuel and DraftKings in Vermont:
Payment method | Min deposit | Processing time |
---|---|---|
Visa/Mastcard debit | $10 | Instant |
Trustly | $10 | Instant |
PayPal | $10 | Instant |
Venmo | $10 | Instant |
Apple Pay | $10 | Instant |
Play+ | $10 | Instant |
Payment method | Min deposit | Processing time |
---|---|---|
Visa/Mastcard debit | $5 | Instant |
Trustly | $5 | Instant |
PayPal | $5 | Instant |
Venmo | $5 | Instant |
Apple Pay | $5 | Instant |
Play+ | $5 | Instant |
Online banking | $5 | Instant |
Wire transfer | $5 | Up to 2 hours |
Any winnings that you get from your FanDuel Vermont betting bonuses are yours to keep straight away. There are no playthrough requirements, however, your bonus bets are not included in your returns.
Before you can withdraw your DraftKings bonus winnings, you need to meet a 1x wagering requirement. Basically, you need to wager $200 in real money before withdrawal within the seven day bonus period.
Once you have met the wagering conditions, you can withdraw your funds using the payment methods listed above for deposits. Additionally, there are some extra alternatives for withdrawals, including checks.
Below, we have listed the withdrawal methods and processing times for both VT sportsbooks:
Payment method | Min withdrawal | Processing time |
---|---|---|
Visa/Mastcard debit | $10 | Up to 24 hours |
Trustly | $10 | N/A |
PayPal | $10 | Up to 24 hours |
Venmo | $10 | Up to 24 hours |
Play+ | $10 | Up to 24 hours |
Online banking | $10 | 3 - 5 business days |
Check | $10 | 7 -10 business days |
Payment method | Min withdrawal | Withdrawal time |
---|---|---|
Visa/Mastcard debit | $20 | One day |
Trustly | $20 | One day |
PayPal | $20 | Up to 2 days |
Venmo | $20 | Up to 2 days |
Apple Pay | $20 | One day |
Play+ | $20 | Up to 4 days |
Online banking | $20 | Up to 5 days |
Wire transfer | $20,000 | Up to 2 days |
Check | $15 | 3 -14 business days |
Now that we’ve looked at the top two Vermont betting bonuses in detail, let’s take a look at the sites offering them. We have tested out the FanDuel and DraftKings sportsbook apps and websites, and you can find some insight into each one below.
If you find these snapshots useful, you can check out our full reviews of all VT and US betting sites here at PromoGuy US.
The FanDuel Sportsbooks doesn’t only have a great welcome offer, but it is also a quality product. Both the app and website have a clear and clean layout with large buttons and plenty of graphics. If you are new to the world of sports betting, we believe this is the ideal app to help you get started.
On the other hand, the app also has plenty of stats and features to keep all of your more experienced bettors happy. There are plenty of pre-game and live betting markets that you can mix and match to make same-game and multi-game parlays.
If you are a big football fan, DraftKings is the ideal app for you, as it is the official betting partner of the NFL in the US. During the playoffs and for the Super Bowl, you will find plenty of additional Vermont betting bonuses at DK, including bonus bets and odds boosters.
On the whole, the DraftKings Sportsbook pays immense attention to detail, with stats and live trackers to help enhance your overall betting experience. As well as following the sporting side of things, you can also look at betting trends for both teams in any match.
In conclusion, you can get $200 betting bonuses at both Vermont online sportsbooks when you register and bet $5. As we have seen, there are a few subtle differences between the two Vermont betting bonuses on each site, but largely there is very little to separate them.
To claim either of these offers you just need to be aged 21+ and physically in Vermont - the bonuses are available for non-residents and visitors to the state. While these are the only two welcome offers in VT right now, the law permits up to six betting companies, so keep your eyes peeled here for more offers coming soon in 2024.
You can claim $200 in bonus bets online in Vermont by signing up to FanDuel or DraftKings and betting $5 on sports. At FanDuel, you need to deposit $10 or more, meanwhile, the minimum deposit limit at DraftKings VT is $5.
The current welcome offer for DraftKings players in The Green Mountain State is $200 in bonus bets. It is paid as 8 x $25 bonus bets when you deposit and place a qualifying wager of $5 or more on sports.
There are two welcome offers in Vermont, and for both, the stake of the bonus bet is not included in your winnings. For example, if you use a $10 bonus bet at odds of +150, your payout would be $15, as opposed to $25.
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.