Vermont Underscoreg Promos: Get up to $1,500 in Bonuses in July 2024

All Vermont sportsbook promo codes and bonuses

Following the Vermont legislature’s approval of legal sports betting, Governor Phil Scott promptly signed HB 127 into law. With Scott’s signature, up to six top sportsbooks and betting apps are set to launch in the Green Mountain State.

On January 11, 2024, sports betting platforms became operational in Vermont, offering residents a variety of betting options. Although five sportsbooks applied for an online sports betting license, only three – DraftKings, FanDuel, and Fanatics – were able to launch on the first day.

Listed below are verified promo codes and welcome bonuses for the three online sportsbooks in Vermont.

Vermont law permits up to six online sportsbooks to operate in the state. Despite applying for licenses, BetMGM and ESPN BET did not launch on the scheduled date of Jan. 11, 2024. The competition for the remaining spot is expected to be intense, with bet365 and Caesars Underscoreg being the frontrunners.

I have submitted an application for a Vermont online sports betting license, but the platform has not yet been launched.

1. DraftKings Vermont welcome offer 👑

DraftKings, a leader in daily fantasy sports contests in Vermont, has quickly become a top player in the sports betting industry. With a sign-up promo offering up to $300 in bonus bets, DraftKings is now one of the top choices for Vermont sports bettors.

The key components of DraftKings’ offer are as follows:

• You do not need a DraftKings promo code to begin.
• Following registration, you must submit a $5 minimum deposit and wager $5 or more on any available sports market. 
• Win or lose, DraftKings will credit your account with up to $300 in bonus bets.
• Full breakdown of the bonus bet offer in Vermont is as follows: $5+ bet = $150 bonus, $20+ bet = $200 bonus, $50+ bet = $250 bonus, $100+ bet = $300 bonus.
• The reward will be dished out in $25 bonus bets.
• You must use the bonus bets within seven days, or they will expire.
• Offer expires in state on July 21, 2024.

Up to $300 in Bonus Bets Instantly

Terms and conditions apply.

Claim $300

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+ and present in VT. Gambling Problem? Call 1-800-GAMBLER.

DraftKings Vermont $1,000 deposit match bonus

Consider DraftKings’ alternative welcome offer, a 20% deposit match up to $1,000 in bonus funds. To take full advantage, deposit $5,000 initially. Keep in mind, there is a playthrough requirement, so you must wager $25,000 to unlock the entire $1,000 bonus for withdrawal.

This option may exceed the budget of a typical casual sports bettor, but it could be a profitable choice if your bankroll allows for it.

To get a thorough analysis of the sportsbook, be sure to read our comprehensive DraftKings review.

DraftKings promo pros and cons

What does the DraftKings sign-up promo mean for you?

DraftKings simplifies the process with this promotion. Simply register, deposit, and wager a minimum of $5 on any sports market. Regardless of the outcome, you can receive up to $300 in bonus bets. It’s that simple.

How much money can you earn with the DraftKings sign-up promo?

How much money you can earn with the DraftKings sign-up promo is determined by how you utilize your bonus bets. Upon signing up, you will receive $25 in bonus bets equivalent to your initial deposit, which can only be used for placing additional wagers. If your bets are successful, you will have some profits that you can withdraw. However, if all your bonus bets are unsuccessful, you will not have any winnings to cash out.

Why DraftKings’ bonus is better than the others

DraftKings’ promotion in Vermont stands out from others due to its minimal wagering requirement. With just a $5 bet, you can receive up to $300 in bonus bets. This exceptional value is unmatched by any other offer.

2. FanDuel Vermont welcome offer 🔵

Similar to DraftKings, FanDuel is a popular choice in Vermont for daily fantasy sports. With the recent launch of its impressive sports betting platform in the Green Mountain State, new users can take advantage of one of the top Vermont sportsbook promotions: a deal where betting $5 can lead to winning $200 in bonus bets.

Here are the most relevant details of the bonus:

• While a FanDuel promo code isn’t needed to obtain the bonus, you do have to download the sportsbook’s mobile app. 
• After signing up for a new account, your initial deposit must be $5 or more.
• Place a qualifying wager of $5 or more on any sports market.
• If it wins, you’ll score an extra $200 in bonus bets from FanDuel.
• You will receive the bonus bets within three days of your first wager settling.
• The bonus bets have a lifespan of seven days.

For a deeper understanding, check out our comprehensive review of FanDuel for expert insights.

Bet $5, Win $200 in Bonus Bets

This offer is exclusive to new customers who deposit a minimum of $5. Place your first bet of $5 or more, and if it wins within 72 hours, you will receive $200 in Bonus Bets.

Claim $200

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+ and present in VT. Gambling Problem? Call 1-800-GAMBLER.

FanDuel promo pros and cons

What does the FanDuel sign-up promo mean for you?

Out of all the Vermont betting promotions, only a select few offer bonus funds with minimal risk. FanDuel stands out as one of these sportsbooks, as users only need to wager $5 and win their first bet to receive $200 in bonus bets. Additionally, users have the freedom to choose any market they prefer, solidifying FanDuel’s reputation as one of the premier live betting sites.

How much money can you earn with the FanDuel sign-up promo?

Winning a $5 qualifying first wager will earn you $200 in bonus bets, but the key to maximizing profit lies in how you utilize those bonus bets. Success in consistently picking winners can lead to significant growth of your $200 bonus, while using them on losing wagers may result in no profit in the long term.

Why FanDuel’s bonus is better than the others

The main benefit of FanDuel VT’s offer is its exceptional flexibility. You have the freedom to divide the $200 bonus however you please, whether it be placing a single $200 bet, four $50 bets, or 200 $1 micro-wagers. The choice is yours to make.

3. Fanatics Vermont welcome offer 🧢

On Jan. 11, 2024, Fanatics became the third and last sportsbook to launch in Vermont. Although not as widely known as DraftKings or FanDuel, Fanatics offers a quality product with a generous welcome offer. New customers in VT who are 21 or older and create an account can receive up to $1,000 in bonus bets from Fanatics.

• Download the Fanatics Underscoreg VT app and make a new account.
• You won’t need a Fanatics promo code to take advantage of this deal.
• You can earn up to $200 in bonus bets every day, for the first five days.
• Your first daily wager will be matched by Fanatics as a bonus bet, up to $200.
• Use the bonus bets to make wagers without risking your own money.
• Profits from winning bets can be cashed out immediately.
• Bonus bets cannot be withdrawn as cash and expire in seven days.

Get up to $1,000 in Bonus Bets

Terms and conditions apply.

Claim $1,000

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+ and present in VT. Gambling Problem? Call 1-800-GAMBLER.

If you’re seeking an alternative to the dominant FanDuel and DraftKings platforms, consider trying out Fanatics. You may discover that it meets all of your requirements. Check out our comprehensive Fanatics review for further details.

Fanatics Underscoreg promo pros and cons

What does the Fanatics sign-up promo mean for you?

Get up to five bonus bets with this Fanatics promotion, which will match your initial daily bets for the first five days of account creation. The highest bonus value you can receive is $1,000, equivalent to receiving one $200 bonus bet each day for five days.

How much money can you earn with the Fanatics sign-up promo?

The Fanatics promo offers a maximum value of $1,000. To qualify, you must wager $200 each day for five consecutive days. The great thing is that even those with a smaller bankroll can participate. If you only bet $20 a day, you will still receive a $20 bonus bet from Fanatics.

Why Fanatics’ bonus is better than the others

The Fanatics bonus is fantastic as it is distributed over ten days, allowing you to adjust your bet size and receive a daily bonus bet. Whether you are a beginner or a seasoned bettor, you can receive multiple bonuses over a span of five days.

More potential Vermont sportsbooks promos

On the day of its launch, Vermont only has three sportsbooks available, but more are expected to join soon. BetMGM and ESPN BET have applied for betting licenses in the state and are likely to start operating in Vermont. Surprisingly, Caesars has not shown any interest in Vermont, despite being well-established in other states with legalized sports betting.

Below is a comprehensive guide to the welcome promotions offered by the sportsbooks expected to enter the Vermont market in 2024.

BetMGM Vermont expected welcome offer

With its rich history in the industry, BetMGM has established itself as a trustworthy brand that prioritizes offering top-notch parlays. Adding BetMGM to your sportsbook lineup is a wise choice for any user. If it becomes available in Vermont, new users can expect to receive a generous bonus of up to $1,500 in first-bet insurance.

Are you excited about the possibility of BetMGM launching in Vermont? If so, make sure to check out our comprehensive BetMGM review for all the information you need.

BetMGM promo pros and cons

What does the BetMGM sign-up promo mean for you?

If you decide to bet on a site such as BetMGM, you have the option to take a bigger risk with your initial wager than you normally would feel comfortable with, as the sportsbook will reimburse you with bonus bets in the event that your bet is unsuccessful.

How much money can you earn with the BetMGM sign-up promo?

The first bet insurance offers up to $1,500 in bonus bets, but you must lose your initial bet to receive it. While this puts you at a disadvantage from the start, you can use the bonus bets to place more wagers and potentially break even or come out ahead.

Why BetMGM’s bonus is better than the others

BetMGM stands out from other sportsbooks with its exceptional bonus value. While most competitors offer bonuses of $1,000 or less, BetMGM goes above and beyond with a generous $1,500 offer.

ESPN BET Vermont expected welcome offer

In November 2023, ESPN BET made a splash by debuting in 17 states simultaneously. Now, they are looking to broaden their scope by seeking betting licenses in states that are just beginning to legalize sports betting, such as Vermont.

Should ESPN BET launch in Vermont, we anticipate they will introduce their $100 bonus bet welcome offer. It is a straightforward and attractive bonus for new users.

• Register a new account at ESPN BET. You won’t need to enter any ESPN BET promo code.
• Make a minimum deposit of at least $10.
• Make any real money bet, on any available betting market.
• Win or lose, ESPN BET will credit your account with $100 in bonus bets.
• The bonus bets come as five (5) $20 bonus bets.
• Bonus bets cannot be withdrawn as cash and expire in seven days.

In addition to its regular offers, ESPN BET also offers a secondary bonus of a 200% first deposit match, up to $500. This bonus is given as Eligible Cashback and is unlocked at 10% of each sportsbook bet placed. The best part is that you can claim both welcome bonuses at the same time.

To learn more about this thrilling new product from the top sports brand in the world, visit our review on ESPN BET.

ESPN BET promo pros and cons

What does the ESPN BET sign-up promo mean for you?

The ESPN BET Vermont welcome promo offers $100 in bonus bets with a minimum risk. Simply create an account, deposit $10, and place bets of any amount on any market with any odds. Whether you win or lose, you’ll receive $100 in bonus bets.

How much money can you earn with the ESPN BET sign-up promo?

You cannot cash out the $100 in bonus funds directly. Instead, you must use the five $20 bonus bet tokens to place additional wagers. If your bets are successful, you get to keep the profits. Your potential earnings depend on the outcomes of your bets and the odds of your picks.

Why ESPN BET bonus is better than the others

The ESPN BET Vermont promo offers the lowest risk compared to others. You only need to bet $1 (or less, if permitted) to receive a $100 bonus. Most other bookmakers require a minimum bet of at least $5 (or sometimes more) to qualify for their bonus funds.

Caesars Vermont expected welcome offer

Caesars is known for its glitz and glamour in the industry, and its sportsbook product delivers both style and substance. The up to $1,000 first bet insurance for new users would be one of the most lucrative Vermont sportsbook bonuses.

Here are some other things to consider when expecting the potential arrival of Caesars’ bonus in VT:

• You will need to use the active Caesars Underscoreg promo code — projected to be SBRBONUS1000 — to claim the offer. 
• Following registration and account creation, you must make a first deposit of $10 or more.
• Place your initial wager on any sports market. If it loses, Caesars will refund your stake, up to $1,000, as a lone bet credit.
• The bet credit cannot be divided into smaller wagers. It will arrive in your account within 48 hours of your qualifying bet settling.
• You will have 14 days to use the single bet credit.

Excited to explore the sportsbook before its possible debut in Vermont? Check out our impartial review of Caesars.

Caesars Underscoreg promo pros and cons

What does the Caesars sign-up promo mean for you?

The top Vermont sports betting promotions will offer significant value in various ways, and Caesars’ proposed promotion clearly demonstrates this: Take a chance with a large bet and potentially earn a significant reward. New users are encouraged to take more risks initially, as if their initial bet is unsuccessful, they will receive their wager back – up to $1,000 – in the form of a non-withdrawable bet credit.

How much money can you earn with the Caesars sign-up promo?

If your first bet at Caesars is unsuccessful and you receive a single bet credit reward, you can choose to use it on an underdog for a chance at a big payout or on a favorite for a higher likelihood of winning. Make sure to select the option that you feel most confident about.

Why Caesars’ bonus is better than the others

In short, of all the possible Vermont sportsbook promotions that could be offered in the state, Caesars’ would offer one of the highest total dollar values.

How we rate and review sports betting promotions

With the official arrival of legal sports betting in VT, our industry experts have thoroughly reviewed and analyzed all offerings, with a specific focus on Vermont betting promotions to assess their quality.

These are the questions we consider when drawing our conclusions:

• What is the minimum and maximum value of the sign-up offer?
• Is the sign-up bonus guaranteed, or does it require additional actions to activate?
• What type of offer is the welcome bonus? Is it a deposit match, a bet and get, or a first bet insurance offer?
• Do you need to plug in a promo code to redeem the offer?
• How demanding are the attached playthrough requirements, and can they be completed quickly?
• How fast do the bonus funds expire?

Types of Vermont sign-up offers and bonuses

Having identified the sportsbooks that were introduced in Vermont on Jan. 11, 2024, we are now able to share with you all the pertinent bonus details. The most common types of welcome bonuses include bet and get bonus bets, first-bet insurance, and deposit matches.

Initially, all three VT online sports betting sites began by providing bet and get deals, ensuring new users received bonus bets. However, it is common for sportsbooks to regularly update their promotions. Let’s review some other common promotional offers you may encounter.

Deposit Match 

Deposit match bonuses are simple to understand – once you sign up and make your first deposit, the sportsbook will match the amount you deposit, up to a specified limit. For instance, if the sports betting platform offers a 100% deposit match up to $1,000, you can deposit $1,000 and receive an extra $1,000 in bonus funds. Remember, while you can withdraw your cash at any time, bonus funds can only be used for betting on the sportsbook.

Bet and get

Bet and get bonuses are considered by many to be the top choice for new users signing up, as they often come with minimal wagering requirements that result in bigger rewards. After making your first deposit and placing a bet, usually of around $10, the sportsbook will add bonus funds to your account, regardless of the outcome of your bet.

At times, an additional requirement may be in place, such as the necessity for your initial bet to be successful. The bonus funds are intended for placing extra bets on the site, and any winnings are yours to keep. It is not possible to withdraw bonus bets directly.

First bet insurance

First bet insurance, also known as a no-sweat first bet, is a popular promotion offered by many sportsbooks, especially in Vermont. This sign-up bonus kicks in if your first bet is unsuccessful, with the sportsbook refunding your stake up to a certain amount in bonus funds. For instance, Caesars is known for offering one of the most generous first bet insurance deals in legal markets, with a potential bonus of up to $1,000.

Referral bonus

After you’ve claimed, collected, wagered, cashed out, and spent your welcome bonuses, the promotions continue. Many top sportsbooks also provide a referral bonus to customers who successfully refer a friend to sign up.

Simply share your exclusive download link with your friends. When they sign up, make a deposit, and place a wager, you’ll receive a generous cash bonus from the sportsbook. Take a look at our list of the top sportsbook referral bonuses to find out which company offers the best rewards.

Vermont online sportsbooks

Vermonters now have access to legal sports betting with the passing of House Bill 127, signed into law by Governor Phil Scott on June 14, 2023. Initially expected to have only two to three online sportsbooks, the state ended up receiving bids from five operators. Three of these operators launched on Jan. 11, 2024, marking the first day of legal online sports betting in Vermont.

These are the Vermont online sportsbooks and sports betting apps that are licensed or are leading candidates to obtain one:

Vermont online and mobile sportsbooks

*Have launched in Vermont

There is a possibility that it may launch in Vermont at some point in the future.

Vermont betting resources

Newcomers to sports betting in Vermont may feel daunted by the complexities of sports betting promotions. To help you feel more confident in taking the next step, we have put together some beginner’s guides to help you understand how to bet on sports, interpret betting odds, and effectively manage your bankroll.

Prior to that, ensure you are knowledgeable about the most recent updates on Vermont sports betting and the top Vermont betting apps.

Vermont sports betting promos quick facts

Responsible sports betting with Vermont promos

After the passing of HB 127, the Vermont Department of Liquor and Lottery (DLL) has been tasked with regulating sports betting in the state. This includes evaluating online sportsbook applications, issuing licenses, ensuring security measures are in place, and enforcing penalties for violations. Additionally, the DLL will promote responsible gambling by offering support services for addiction prevention and treatment, as well as actively promoting safe gaming practices to the public.

In order to enhance efforts in preventing gambling addiction, the DLL will collaborate with operators to provide tools like self-exclusion lists, account budgets, and timed sessions for their users.

To learn more about responsible gambling and addiction prevention, please refer to the following resources:

• The Howard Center at 802-488-7777
• National hotline at 800-522-4700
• Vermont Counselor Network
• National Council on Problem Gambling

Promotions & bonuses by state 🌎

Are you prepared to turn your insights into a wager? Explore the top sportsbook promotions available in each state listed below. Alternatively, you can use our legal sports betting state tracker to stay updated on the latest betting regulations in all 50 U.S. states.