Vermont sports betting: Complete guide to sportsbook promos, legal sports and state regulations
January 11th, 2024 will mark a pivotal moment for Vermont as it enters the arena of legalized sports betting. This comprehensive guide equips you with essential information about Vermont’s sports betting scene, covering legal nuances, premier sportsbooks, bonus opportunities, and responsible gambling practices.
Vermont is set to welcome legal sports betting on January 11, 2024, coinciding with the NFL playoff season. This development follows Governor Phil Scott’s endorsement of the Vermont sports betting bill, H.127, on June 14, 2023.
The Vermont Department of Liquor and Lottery will be the principal regulatory authority for sports betting in the state.
- Online sportsbooks: Vermont plans to issue between two and six online sportsbook licenses via a competitive bidding process.
- License fee: A $500,000 fee is required for the initial license.
- Revenue tax: Operators will be subject to a 20% tax on revenue.
- Minimum age: Bettors must be 21 years or older.
- Geographic restrictions: Betting is restricted to individuals within Vermont’s borders.
- Sports options:Explore Vermont’s wide range of sports betting markets.
- College sports betting: Restrictions apply to Vermont college teams, barring out-of-state tournament bets.
- Payment limits: Credit card use for funding online betting accounts is prohibited.
- Launch bonus: $300 in bonus bets.
- Highlights: User-friendly design, comprehensive market offerings.
- Launch bonus: $200 in bonus bets.
- Highlights: Strong live betting features, excellent player props.
- Launch bonus: To be announced.
- Highlights: Anticipated unique offerings and advanced betting app.
- Pre-launch offers: Attractive deals from FanDuel and DraftKings.
- Welcome bonuses: Varied bonuses including bet insurance and deposit matches.
- Regular promotions: Bet insurance, Bet & Gets, and profit/odds boosts.
In line with Vermont’s legislation, sports betting operators must present a responsible Gaming Plan. This includes self-exclusion programs and player-set limits to promote safe and responsible betting.
The launch of sports betting in Vermont represents a major step in the state’s gambling landscape. As the launch approaches, this guide will remain updated with the most recent information, ensuring that Vermont bettors are well-prepared and approach sports betting with knowledge and responsibility. Remember, you can still claim the Vermont sports betting pre-launch promos currently available with the buttons below.
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