DraftKings Vermont Promo: Bet $5, Get $200

Draftkings is one of the most popular and reputable sportsbooks in the United States. It is available in 19 different states where sports betting is legalised.

Sports betting is not yet available in the state of Vermont, but it was legalised back in June ready for residents to begin betting on January 11th. Alongside other top sportsbooks, Draftkings will be amongst the first to launch in the state. They are one of the most trusted and reliable brands in the industry, offering a range of different markets and promotions for customers to explore and take advantage of.

Ahead of the launch of Draftkings Vermont, the sportsbook is offering a very generous welcome bonus for brand new customers. The unique offer allows users to claim $200 in bonus bets before the app even goes live, allowing you to get familiar with the features before it can be officially used. Simply pre-register a new account before launch day (01/11/24) and you will automatically be eligible for $200 in bonus bets. Log into your account on January 11th, place a $5 wager and you will be rewarded with 8 x $25 bets.

Sports betting in Vermont was legalised in June, and residents can officially start placing wagers on January 11th. Draftkings will be one of the first sportsbooks to launch in the state.

DraftKings Sportsbook Vermont will offer customers a wide range of sports markets, with 17+ different sports to choose from. You can bet on any sports league of your choice, from NFL and NBA to MLB and NHL, in addition to UFC.

DraftKings offers plenty of different betting markets in a variety of sports. Here are some of the most popular markets you can bet on:

Moneyline

Moneyline bets are placed on the outcome of a sporting event. This is the most traditional form of sports betting and is the most straightforward. DraftKings releases moneyline odds on the potential outcomes of a win or loss.

Spreads

Spreads are a little more complicated than moneyline as bettors are required to be more accurate in wagering the outcome of a game. This form of betting is the most popular market for football and basketball games. DraftKings will give a handicap to the favorite team, for example -2.5 at odds -110, whilst the underdogs could have odds of -110 at +2.5. If you were to bet on the stronger team, they would have to win by at least three points to win the wager.

Totals

Totals bets are popular in multiple sports. This allows you to bet on the over/under for a range of different markets such as total points, runs or goals in a single game. Sportsbooks will have a number for each of these stats for customers to bet ‘over’ or ‘under’ on.

Prop Bets

Prop bets allows customers to place bets on individual player stats or team stats, as well as in-game events, such as a player hitting a home run in baseball. In basketball you could bet on how many points a player will score or how many assists they make. Similarly, in football you can wager on how many receiving or rushing yards a player records, as well as the passing yards of a quarterback.

Parlays

These allow bettors to place one or more bets and combine them into one multi-legged wager. Parlays require all legs of the bet to win for it to be paid out. The larger the parlay, the higher the odds and chances are of a bigger payout.

Round Robins

A round robin bet allows users to combine multiple parlays into one wager. This means that bettors can risk losing one or two legs of the wager and still generate a return. The purpose of this is to increase the chances of winning whilst spreading the risk across multiple outcomes.

Teasers

A teaser bet is another type of parlay in which the bettor is able to change the point spread. You can do this for two or more games, though the easier the bet, the smaller the potential payout.

Futures

Futures are bets that are long-term events. One of the most popular future bets is predicting the winner of the Super Bowl. Alternatively, you can place a wager on the NBA Champions or World Series winners. In addition, you can bet on teams to win their conference or miss the playoffs, and player awards such as the MVP.

Live Bets

Live bets are wagers that are placed during the game. DraftKings offers a number of different markets in-game such as game results. Odds will change throughout depending on events in the game.

Vermont is one of the few US states that do not have any professional sports teams. However, there are plenty of teams in states nearby that will be popular to bet on.

Part of the New England area, Vermont users will likely find betting on NFL team New England Patriots to be the most popular. Additionally, the Boston-area teams will also be of heavy interest. The NBA’s Boston Celtics, NHL’s Boston Bruins and MLB’s Boston Red Sox should also be amongst the most bet on teams.

Hockey is a very popular sport in the state so as well as the Boston Bruins, you may find that the Montreal Canadiens is another popular team.