Sports betting is now legal in Vermont, marking an exciting opportunity for residents and visitors to engage in sports wagering. As one of the more recent states to legalize betting, Vermont’s approach focuses on a carefully regulated framework to ensure a safe and accessible market for its users.
In this guide, we’ll break down the key details about sports betting in Vermont, including its legal status, available options, and frequently asked questions.
Is Sports Betting Legal in Vermont?
Yes, sports betting was legalized in Vermont in 2023, with operations expected to launch by early 2024. The Vermont General Assembly passed legislation to allow mobile and online sports betting, making it one of the latest states to join the expanding sports betting industry.
The Vermont Department of Liquor and Lottery oversees the regulation and licensing of sports betting operators, ensuring compliance with the state’s rules and laws.
Available Sportsbooks in Vermont
Currently, no sportsbooks are operating in Vermont, but up to six mobile operators will be licensed to provide sports betting services. The launch of these platforms is anticipated in 2024, with major players like DraftKings and FanDuel expected to enter the market.
Vermont Sports Betting Rules
To participate in sports betting in Vermont, you must:
- Be at least 21 years old.
- Physically, be within the state’s borders when placing bets. Operators will use geolocation technology to enforce this rule.
- Use licensed sportsbooks once they become operational. Betting with unlicensed platforms remains illegal.
The state has implemented consumer protection measures to ensure responsible gaming and fair play.
Popular Sports and Events to Bet On in Vermont
Once sportsbooks go live in Vermont, bettors will likely have access to a wide range of sports and events, including:
- Professional leagues like the NFL, NBA, MLB, and NHL.
- College sports have some restrictions to protect student-athletes.
- International sports events, such as the World Cup and Olympics.
While Vermont doesn’t host major professional teams, local enthusiasm for teams in nearby states, such as the Boston Red Sox or the New England Patriots, will likely drive betting activity.
How to Start Betting in Vermont
- Choose a Licensed Sportsbook: Select from the licensed operators once they are announced.
- Register an Account: Provide personal details such as your name, address, and date of birth. Verification is required to confirm eligibility.
- Deposit Funds: Use payment options like credit/debit cards, bank transfers, or digital wallets.
- Place Your Bet: Browse the platform to find your preferred sports and events, select your wager, and confirm your bet.
Responsible Gambling in Vermont
Vermont is committed to promoting responsible gambling. The state’s legislation includes provisions to help bettors control their habits. These include:
- Deposit Limits: Set restrictions on how much you can deposit.
- Self-Exclusion Programs: Opt to block yourself from participating in sports betting activities.
- Time Limits: Restrict the amount of time spent on betting platforms.
For further assistance, Vermont will provide resources for problem gambling through helplines and support networks.
FAQs About Vermont Sports Betting
When Will Sports Betting Launch in Vermont?
Sports betting is expected to go live in Vermont by early 2024, pending the finalization of licensing and operational procedures.
Can I Bet on College Sports in Vermont?
You can bet on college sports, but specific restrictions may apply to protect student-athletes and ensure fair play.
Are Retail Sportsbooks Allowed in Vermont?
No, Vermont has opted for a mobile-only sports betting model with no retail or in-person sportsbook provisions.
What Payment Methods Will Be Accepted?
While details are pending, most sportsbooks typically accept payment methods such as:
- Credit/Debit Cards
- Bank Transfers
- PayPal or Other Digital Wallets
How Many Sportsbooks Will Operate in Vermont?
The law allows for up to six sportsbooks, with licenses awarded through a competitive bidding process.
Final Thoughts
Vermont’s entry into the sports betting market presents an exciting opportunity for residents and visitors. While the official launch is still forthcoming, the state’s well-regulated framework ensures a safe and responsible betting environment. Watch for announcements regarding licensed operators and start preparing for an engaging sports betting experience in the Green Mountain State.