Vermont Legal Sports Betting Overview
VT Sports Betting Law Details
Status
- Retail Sports Betting Launch Date: N/A
- Online Sports Betting Launch Date: N/A
- Licensed Sportsbooks: N/A
- Legal Wagering Options: N/A
- Legal Gambling Age in VT: 18+
- Sports to Bet On: N/A
- Permitted Banking Options: N/A
- Vermont Gambling Regulator: N/A
Vermont, located in New England, is not known for its rich sporting history. Unfortunately, sports betting, both online and at retail locations, is currently illegal in the Green Mountain State. Even so, there have been efforts to pass legislation for wagering since the US Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PAPSA). Despite these efforts, none have been successful thus far.
There is hope for the future, though. Senator Michael Sirotkin’s SB 59, which aims to create a Sports Betting Study Committee, was passed by the Senate. The Joint Fiscal Office has also produced a report confirming the feasibility of sports wagering in Vermont. Governor Phil Scott has expressed his support for betting as well. While sports betting remains illegal, other forms of gambling exist in the state, such as online horse race betting and Daily Fantasy Sports (DFS) games.
To learn more about sports betting in Vermont, including the latest news, potential restrictions, and legal alternatives for VT bettors, read our comprehensive betting guide.
Vermont Online Sportsbooks Summary
While online sports betting is currently illegal in Vermont, it is likely to be the type of wagering that launches first in the state. Several online-only sports betting bills have surfaced, and there is significant support for wagering among leading Vermont lawmakers. SB 59, for instance, managed to pass the Senate in 2020. Notable supporters of sports betting include Senator Michael Sirotkin and Senator Bernie Sanders. Governor Phil Scott has also demonstrated his support by reserving funds for sports betting and including it in his budget recommendations.
While online sports betting is not available, Vermont residents can still participate in online horse race betting through platforms like TwinSpires and TVG. Additionally, DFS games can be played with popular providers such as FantasyDraft, ESPN Fantasy, and Yahoo! For online wagering options, neighboring states like New Hampshire, which has an exclusive online sportsbook, DraftKings, or New York, which has licensed multiple online betting operators, can be visited.
How to Place a Bet in Vermont
Although sports betting is currently illegal in Vermont, residents can still participate in online horse race betting. Here’s a step-by-step guide to get started:
- Research the race you want to bet on to make informed wagers. Consider factors such as the horse’s form, the jockey, and turf conditions.
- Visit a legal horse racing betting site like TwinSpires or TVG.
- Register by providing your full name, email, phone number, address, and age verification.
- Make your first deposit at the cashier section. Choose a payment method and determine the amount, following the site’s welcome bonus terms.
- Select a horse race and choose a wager. Add it to your bet slip, decide your stake, and confirm the wager.
- If your bet is successful, withdraw any winnings from the cashier section.
Banking Methods Available in Vermont
For online horse race betting in Vermont, several trusted payment methods can be used, including:
- Bank cards like Visa and Mastercard
- E-wallets such as PayPal and Skrill
- Prepaid cards like PayNearMe, which can be topped up at local retailers
If online sports betting becomes legal in Vermont, many of these payment options will likely be valid at sportsbooks. Additionally, new payment methods may be introduced, such as Play+, which is already partnered with major US betting brands.
Who is Eligible to Bet in VT?
If sports betting is legalized in Vermont, it is expected to follow the regulations employed in nearby states. Currently, the minimum gambling age for the lottery in Vermont is 18, but most states require individuals to be 21 or older to place bets. Age verification with a photo ID would be necessary before betting. Moreover, certain individuals would likely be banned from sports betting, including players, coaches, employees, or members of professional or college sports teams; officials or referees of such leagues; individuals with the authority to influence players; individuals associated with sports leagues who can create or influence rules; team owners; those with access to non-public information about sports teams; individuals who have self-excluded themselves from gambling activities; and individuals prohibited from betting at a state or federal level due to criminal history.
Latest Vermont Sports Betting Updates
Currently, all forms of sports betting are illegal in Vermont. HB 484 attempted to introduce retail sports betting in the state in 2019, but since then, most legislation has focused on the possibility of an online-only market. There is a growing demand for legalizing sports betting, with support from the Joint Fiscal Office and Governor Scott, who included it in his 2021 budget recommendations. The earliest possible timeline for legalized sports betting is 2023, when the Vermont Legislature reconvenes.
Here is a timeline of significant events related to sports betting in Vermont:
- July 17, 2022: Outgoing chair of the Senate Economic Development Committee, Sen. Sirotkin, attributes the continued illegality of sports betting to “skittish” committee members.
- July 15, 2022: The Vermont Joint Fiscal Office publishes a 180-page report recommending the legalization of sports betting in the state.
- May 28, 2022: The Vermont legislative session concludes with the death of sports betting legislation SB 77 in committee.
- May 21, 2021: The Vermont 2021 legislative session ends without a vote on SB 77, which is carried over to the 2022 legislative session.
- February 11, 2021: Sen. Dick Sears Jr. introduces SB 77, a bill to legalize online sports betting and provide licensing for six operators, referred to the Senate Economic Development Committee (EDC).
- January 21, 2020: Gov. Scott proposes the 2021 fiscal budget, including a recommendation to legalize sports betting.
- August 30, 2020: The 2020 legislative session ends with SB 59, HB 484, and SB 213 dying in the committee phase.
- June 17, 2020: SB 59 passes the Vermont Senate and is received by the House General Housing and Military Affairs Committee (GHMA).
- March 24, 2020: SB 59 receives a favorable report from the EDC and goes to the Senate floor for a vote.
- January 29, 2020: Sen. Sirotkin introduces SB 59, which aims to establish the Sports Betting Study Committee for the legalization of sports betting. The bill is referred to the EDC.
- January 15, 2020: The House GHMA discusses HB 484, carried over from the previous legislative session, but receives limited support.
- January 7, 2020: Sen. Sears introduces SB 213, a bill to legalize sports betting in the state with a 10% tax on gambling revenues. It is referred to the EDC.
- May 29, 2019: The 2019 Vermont legislative session ends, carrying over HB 484 to the next session by the GHMA.
- February 28, 2019: Rep. Thomas Burditt introduces HB 484 to legalize retail and mobile sports betting in Vermont. It is referred to the GHMA.
- May 14, 2018: The US Supreme Court overturns PASPA, giving each state the right to legalize sports betting.
- June 8, 2017: Gov. Scott signs SB 136, legalizing DFS games.
- May 2, 2017: The House passes SB 136 after amendments.
- March 31, 2017: SB 136 passes the Senate.
- March 21, 2017: SB 136 is introduced to the Senate, legalizing DFS and protecting consumer rights.
- January 18, 2016: Vermont Attorney General Sorrell rules DFS games illegal.
Future of Vermont Sports Betting
Despite the failure of SB 77, support for sports betting is on the rise in Vermont. The Joint Fiscal Office’s sports betting report, released in July 2022, has provided evidence of the financial benefits and minimized problem gambling associated with sports betting. This report, which examines the success of sports betting in neighboring states like New Hampshire and New York, has increased support for legalization in Vermont. It is anticipated that another sports betting bill will be proposed during the 2023 legislative session.
Vermont Sports Betting Locations
Currently, there are no casinos in Vermont, and all forms of casino gambling are prohibited. The focus of most sports betting legislation has been on an online-only market, making it unlikely that retail sportsbooks will open in the state anytime soon. However, neighboring states like New York and New Hampshire offer various retail sports betting locations at tribal casinos. For example, New York provides 11 retail sportsbooks at casinos, including popular brands such as Caesars and FanDuel. New Hampshire also has two retail sportsbooks located at casinos, both operated by DraftKings, the state’s exclusive sports betting provider.
Vermont Responsible Gambling Resources
While Vermont currently lacks a self-exclusion program due to the illegality of gambling in the state, national organizations are available to assist problem gamblers. Here are some resources:
- National Council on Problem Gambling Vermont: Provides screening tools, resources, and directions to local treatment facilities. Operates a 24/7 helpline and live chat. (800) 522-4700
- Gamblers Anonymous: Organizes meetings where problem gamblers can share their experiences. Offers a free 20-question screening guide and a full recovery program. (855) 222-5542
- GamTalk: A national 24/7 moderated peer support forum accessible for problem gamblers seeking help online.
If sportsbooks are permitted to launch in Vermont, each operator would be expected to implement responsible gambling measures, including account controls and limits, to ensure the safety and well-being of players.
Teams to Bet on in Vermont
Pro Sports
With a relatively small population, Vermont does not have any major league sports franchises. However, residents often support teams from neighboring states, such as Massachusetts and New York. Some popular teams in VT include:
Massachusetts
- New England Patriots (NFL)
- Boston Celtics (NBA)
- Boston Red Sox (MLB)
- Boston Bruins (NHL)
New York
- Buffalo Bills (NFL)
- New York Giants (NFL)
- New York Jets (NFL)
- Brooklyn Nets (NBA)
- New York Knicks (NBA)
- New York Mets (MLB)
- New York Yankees (MLB)
- Buffalo Sabres (NHL)
- New York Islanders (NHL)
- New York Rangers (NHL)
Minor League Sports
Vermont has several minor league teams that enjoy local support:
Vermont Lake Monsters: Previously part of the New York-Penn League, the team now plays in the Futures Collegiate Baseball League after the reorganization of the minor leagues in 2020. In 2021, they won their first championship.
Vermont Green FC: A soccer team participating in the USL League Two. The club aims to become a net-zero club while entertaining crowds of up to 2,500 at Virtue Field.
College Sports
Vermont Catamounts: The University of Vermont Catamounts compete in NCAA Division I and play in the America East Conference. Notable achievements include eight conference championships for the basketball team and appearances in the Frozen Four of the NCAA ice hockey tournament. Alums from the ice hockey program include Hall of Famer Martin St. Louis.
Women’s Sports
Vermont Fusion Soccer: Participates in the Women’s Premier Soccer League, which is the top amateur women’s league in the United States. The team aims to become a net-zero club while playing in front of crowds of up to 200 fans.
How Does Vermont Compare to Other States?
Market Coverage
If Vermont legalizes online sports betting, it is likely to offer a market similar to neighboring states like New York and New Hampshire. These states provide access to a wide range of sports markets, including NFL, NBA, NHL, and MLB. There may also be betting lines available for niche sports such as tennis, NASCAR, golf, and MMA. Restrictions on wagering in-state college teams may apply in Vermont, as seen in nearby states.
Competitive Odds & Prices
If online sports betting becomes legal in Vermont, popular operators like DraftKings and FanDuel are likely to enter the market. These operators offer consistent betting odds across multiple US states, providing Vermont bettors with access to generous betting lines. DraftKings, in particular, is known for its favorable moneylines on NFL games.
Gambling Revenue
Vermont is currently missing out on potential revenue from sports betting by not legalizing it. The Joint Fiscal Office’s sports betting report indicates the substantial financial benefits. The report suggests various tax models, ranging from low tax rates with few operators to high tax rates with many operators. Implementing higher tax rates could result in higher revenue for the state. Nearby New Hampshire has already generated significant revenue from sports betting, showing the potential for Vermont to follow suit.
Betting Taxes
Just like in any state, individuals must report gambling winnings to the IRS and include them in their state income tax. Sportsbooks are typically required to withhold up to 25% of winnings for tax purposes. In Vermont, state income tax ranges from 3.35% to 8.75%. Additionally, sportsbooks must pay a 0.25% excise tax on monthly betting handles according to the Internal Revenue Code.
Who Oversees Sports Betting in Vermont?
If sports betting becomes legal in Vermont, the Vermont Board of Liquor and Lottery is expected to regulate the industry. However, some proposals have suggested the creation of a new regulatory body specifically for sports betting. Regardless of the regulatory body, their responsibilities would include establishing rules, licensing operators, ensuring player safety, collecting taxes, and enforcing regulations.
Frequently Asked Questions
Is betting legal in Vermont?
Sports betting is currently illegal in Vermont, but there have been efforts to legalize it.
Who would govern sports betting in Vermont?
If sports betting is legalized, the Vermont Board of Liquor and Lottery is likely to regulate it, although the creation of a new regulatory body has been proposed.
How old would you have to be to bet in Vermont?
The minimum gambling age for the lottery in Vermont is 18, but it is expected to be 21 for sports betting.
When will sports betting launch in Vermont?
The earliest possible timeline for the launch of sports betting in Vermont is 2023 when the Vermont Legislature reconvenes. The exact date depends on the passing of legislation, the establishment of the regulatory body, and the setup of sportsbooks.
Where will I be able to bet on sports in Vermont?
If sports betting becomes legal, an online-only market is expected in Vermont, allowing residents to wager from anywhere within the state. Retail sportsbooks are unlikely to be established due to the focus on online wagering.
Would sportsbooks in Vermont be safe?
If sports betting is regulated and legalized, sportsbooks in Vermont will be overseen by the regulatory body responsible for ensuring safety and fair play.
Would I have to pay taxes on betting winnings in Vermont?
Yes, all gambling winnings, including betting winnings, must be reported to the IRS and state income tax authorities. Income tax rates in Vermont range from 3.35% to 8.75%.
Can you play DraftKings in Vermont?
No, DraftKings Sportsbook is not available in Vermont for sports betting. However, you can play Daily Fantasy Sports (DFS) games in the state. To place sports bets with DraftKings, you can visit neighboring New Hampshire.
Can you play FanDuel in Vermont?
FanDuel is not available for sports betting in Vermont, but you can play DFS games. If you wish to wager with FanDuel, you can visit New York or use the FanDuel app at the retail sportsbook at Tioga Downs Casino.
Can you play BetMGM in Vermont?
No, BetMGM is not available in Vermont due to the illegality of sports betting. However, BetMGM may be an option for anyone visiting New York.
Can you play Caesars in Vermont?
No, Caesars Sportsbook cannot be used for sports betting in Vermont. Caesars does operate online sportsbooks and retail locations in neighboring New York, providing betting opportunities for those visiting the state.
Can you play TwinSpires in Vermont?
Yes, you can use TwinSpires to wager on horse racing online in Vermont. However, their online sportsbook is currently not available in the state.
Which sportsbooks will be available in Vermont in the future?
While no specific sportsbooks have expressed interest in Vermont, operators like DraftKings and FanDuel are likely candidates due to their dominance in the US market.
