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Sports Betting in Vermont

Fully Legal

By DawBets · Last verified: April 2026

Quick answer: Vermont bettors have access to 3 licensed sportsbooks, 6 CFTC-regulated prediction markets, 4 peer-to-peer sweepstakes exchanges.

Licensed Sportsbooks

State-licensed regulated sportsbooks. Operator tax rate: 20–33%. Online betting legal since January 2024.

Prediction Markets

Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks.

Peer-to-Peer Sweepstakes Exchanges

Dual-currency model. Trade directly against other users instead of against a sportsbook.

Legal Status

Controlled market — exactly 3 operators (FanDuel, DraftKings, Fanatics) selected through procurement. Mobile-only.

Online sports betting has been legal in Vermont since January 2024.

Tax Information

Operator tax rate20–33%

Minimum 20%, but negotiated rates reached 31–33% through competitive procurement.

College Betting Restrictions

No in-state college bets (exception: postseason tournaments like March Madness).

How DawBets Helps Vermont Bettors

DawBets compares odds across every sportsbook available in Vermont in real time. Instead of checking each app individually, see all prices side-by-side and always place your bet at the best available line.

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Frequently asked questions

Is sports betting legal in Vermont?

Yes. Online sports betting is legal in Vermont since January 2024. Controlled market — exactly 3 operators (FanDuel, DraftKings, Fanatics) selected through procurement. Mobile-only.

What is the sports betting tax rate in Vermont?

Minimum 20%, but negotiated rates reached 31–33% through competitive procurement.

What is the minimum age to bet on sports in Vermont?

You must be at least 21 years old to bet on sports in Vermont.

Can I bet on college sports in Vermont?

No in-state college bets (exception: postseason tournaments like March Madness).

How many online sportsbooks are available in Vermont?

Vermont has approximately 3 licensed online sportsbooks, including DraftKings, FanDuel, BetMGM, and others. Compare odds across all available books with DawBets.

When did Vermont legalize online sports betting?

Online sports betting has been legal in Vermont since January 2024.

Can I use Kalshi in Vermont?

Yes. Kalshi is a CFTC-regulated prediction market available to Vermont residents. It offers sports event contracts under federal commodities regulation, separate from state-licensed sportsbooks.

Is ProphetX available in Vermont?

Yes. ProphetX, a peer-to-peer sports prediction exchange operating under a sweepstakes model, is available to Vermont residents.

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