BetMGM Vermont Bonus Code STATESBONUSMGM for $1K Bet Refund

Fact Checked by Wes Roesch

While BetMGM Vermont Sportsbook won't be launching with Vermont sports betting, you can use BetMGM Vermont bonus code STATESBONUSMGM to get a $1K bet refund in states where sports betting is currently legal and live.

BetMGM Vermont Bonus Code & Launch Updates September 2024

📅 Launch Date:TBD
📝 BetMGM Vermont Promo Code:STATESBONUSMGM
🎁 BetMGM Vermont Bonus:$1,000 First Bet Offer
🤝 BetMGM Vermont Partner:TBD
📲 App Ratings:4.8 (Apple), 4.3 (Android)
Last Updated:September 11, 2024

Legislation Timeline at BetMGM Vermont

  • 📅 Dec. 19, 2023: Dept. of Liquor and Lottery commissioner Wendy Knight explains why BetMGM's application hasn't been approved yet: "They were not selected because their bid scoring was considerably lower than the other three operators because of the unacceptable revenue share proposal."
  • 📅 Dec. 12, 2023: Vermont sportsbooks open for preregistration for new users.
  • 📅 Dec. 11, 2023: Vermont officials announce that Vermont sports betting will launch online on Jan. 11 2024.
  • 📅 June 14, 2023: Vermont Senate and House legislators pass HB 127 for the official sign-off to make sports betting legal.
  • 📅 2022: Vermont lawmakers dismiss SB 77.
  • 📅 2021: BetMGM reports over $200M in revenue and 26% market share in available states for the third quarter. The Vermont legislative session ends without reviewing SB 77.
  • 📅 2020: Vermont Senate Committee members sack SB 213 after the first reading.
  • 📅 2019: BetMGM signs an MLB partnership contract. Vermont House representatives drop HB 484 to legalize sports betting.
  • 📅 2018: MGM Resorts International and Entain Holdings open an iGaming division and launch the BetMGM Sportsbook App in one state.

When Will BetMGM Go Live in Vermont?

We don't know when BetMGM will go live in Vermont. It's not among the sportsbook operators to be approved for the initial Vermont launch on Jan. 11, 2024.

Who Will BetMGM Partner With in Vermont?

We don't know who BetMGM will partner with in Vermont—or if it will at all.

Is There a BetMGM Retail Sportsbook in Vermont?

No, there is no BetMGM retail sportsbook in Vermont. 

What is the BetMGM Vermont Bonus Code?

The BetMGM bonus code Vermont bettors can use is STATESBONUSMGM in states with legalized sports betting. 

When new users use this bonus code, they can get a bonus bet refund on first wagers that don't win up to $1,000.

How to Claim BetMGM Vermont Bonus Code? 

This BetMGM VT bonus code is unlike others available. Follow the process below to claim this potential BetMGM Vermont promotion.

  1. ✅ Sign up for BetMGM in a live sports betting state, such as New Hampsire, Massachusetts or New York.
  2. ✅ Enter bonus code STATESBONUSMGM during sign up.
  3. ✅ Deposit at least $10 in your player account.
  4. ✅ Place a bet between $0.50 and $1,000.
  5. ✅ If it loses, you'll receive your original stake back as bonus bets. 

What to Know About BetMGM Vermont Promo Code

First wagers over $50 will be paid back in 20% increments. For instance, losing a $500 wager qualifies for a refund of 5 credits worth $100 each (5 x $100 = $500). Refunds on wagers below $50 are issued a single credit. Here are the highlights on BetMGM Sportsbook Vermont bonus code terms and conditions for the current sign-up offer: 

  • ✅ Minimum Bet: $0.50
  • ✅ Maximum Bet: $1,000
  • ✅ Eligible Sports: All Games
  • ✅ Time Limits to Claim Offer: 7 Days
  • ✅ Maximum Win: $1,000 in Bonus Bets

BetMGM Vermont bonus bets should be credited within 24 hours of the first wager settling as a loss. Players have to wager the full credit amount one time before cashing in on a win. 

Payouts won't include the value of a credit. For example, winning $250 with a $100 credit will result in a $150 profit ($250 Return - $100 Credit = $150 Profit). 

All Vermont sportsbook promos will all have requirements for deposits, wagers, markets, and rollovers.

Do I Need a BetMGM Bonus Code for Vermont? 

To claim this particular welcome offer, you do need a BetMGM Vermont bonus code. That bonus code is STATESBONUSMGM.

In general, you won't need a BetMGM Vermont bonus code to wager with this sportsbook. But I compare it to benching all the best players during a game. Sports betting promotions offer a competitive advantage that could lead to a win. 

Popular Popular in Vermont
Must be 21+ to participate. T&Cs apply.

Comparing BetMGM Bonus Code Vermont to Other Sportsbooks

Let's see how the BetMGM Sportsbook Vermont bonus for news users holds up next to welcome bonuses from other sportsbooks.

BetMGM Vermont Bonus Code vs. DraftKings'

To get the early registration DraftKings Vermont promo of $200 in bonus bets, all you have to do is sign up for an account before Jan. 10. Yes, it's that easy.

Popular Popular in Vermont
Must be 21+ to participate & present in VT.

BetMGM VT Bonus Code vs. FanDuel's

That isn't the only pre-launch offer available. The FanDuel Vermont promo is worth a maximum of $300 in bonus bets. When you sign up early for this operator, you'll get $100 in bonus bets just for registering. 

Then, when sports betting goes live on Jan. 11, you can get $200 in bonus bets when you wager $5 or more on your first bet.

Popular Popular in Vermont
Must be 21+ to participate. T&Cs apply.

Latest BetMGM Vermont Promos & Bonuses

Few things in life feel better than running a victory lap with extra cash or credits. Here are some potential BetMGM promotions Vermont might offer to get every player closer to the gameday rush.

🎁 Bet/Get BetMGM Vermont 200 Promo

This valuable BetMGM Vermont promotion will almost certainly be a key feature when gambling goes live in the state. It has been hugely popular in other states. Simply bet $10 on a designated event, and you'll receive $200 in Bonus Bets. 

In states where BetMGM is already legal, the sportsbook is rolling out a bet-and-get offer to celebrate the biggest football game of the season. When you bet $5, you can get $158 in total bonus bets. 

⭐️ Parlay Promotions

BetMGM has tons of parlay promotions available. They include Same Game Parlay Insurance to get some of your wager back if one of your legs loses, Multi-Sport Parlay Boosts to get higher payouts on parlays made across more than one sport, and Easy Parlay to build custom bets.

📈 Odds Boosts

BetMGM offers odds boosts on major pro leagues, including NBA and NHL. These promos adjust the odds to give you a valuable payout if you win.

🏈 Weekly Free-to-Play Games

BetMGM offers a choice of free-to-play games each week. You can play as NFL Hall of Famer Barry Sanders in 8-Bit Barry and pick your best move each week to win $20 in bonus bets.

You can enter the Football Survivor Pool Challenge and try to make it the whole season correctly picking the winning team. The prize is $100,000.

Referral Promo

Get a $50 bet credit for recruiting friends. Every person that signs up using a unique referral promo code will generate a $50 bonus bet for both accounts. Bet credits are only issued after friends deposit $10 and wager the $50 referral bonus on a game with -200 odds or longer. You are limited to 20 referrals per month.

BetMGM Rewards Program

BetMGM VT users will be automatically enrolled in the loyalty program this operator offers in other states. Every wager on sports and online casino games earns Tier Credits or Rewards Points (sometimes both). 

Rewards Points can be traded online for BetMGM Sportsbook Vermont bonus bet credits. These points can also be redeemed for hotel stays, restaurant vouchers, entertainment packages, and other perks at more than 20 MGM Resorts. 

Tier Credits determine the loyalty status of players in the rewards program. Each level comes with exclusive benefits for MGM Resort discounts, concert tickets, room upgrades, travel credits, and more. There are 5 tiers, but the highest level is invite-only.

TierCreditsBenefits
💠 Sapphire0-19,999Express Comps, Tier Multiplier, Point Play
⚪️ Pearl20,000-74,999Sapphire + 10% Rewards Bonus, Concert Tickets, Rewards Expiry Exemption, Free Parking
🥇 Gold75,000-199,999Pearl + 10% Rewards Bonus, Valet Parking, No Resort Fees, Room Upgrades, $100 Dinner Voucher
🔘 Platinum200,000+Gold + 30% Rewards Bonus, Premium Support, $200 Dinner Voucher, Early Check-In, Late Check-Out, $600 Air Travel to LV, Annual Suite Upgrade, Expedited Valet & Taxi Service
⚫️ NoirInvite OnlyPlatinum + 40% Rewards Bonus, VIP Host, $500 Dinner Voucher, $1.2K Air Travel to LV

Is There a BetMGM Vermont NFL Promo? 

Yes, BetMGM Vermont will have NFL promos when it launches. These include the NFL free-to-play games I discussed above, as well as multi-sport parlay boosts that can be applied to NFL games.

BetMGM also boasts the best odds on First Touchdown Scorer markets, which are very popular with NFL bettors.

Who is the BetMGM Vermont Partnership Promo With?

BetMGM Vermont Sportsbook does not have a partner for its promo. This sportsbook does have multiple sports betting contracts with the NFL, MLB, NHL, NBA, and MLS. Fans might see NCAA BetMGM Vermont bonus code offers for college sports.

Get to Know the BetMGM Vermont App

BetMGM Sportsbook won't be among the Vermont betting apps to go live in January. However, we could see it added to the lineup in the future.

Promotional banners circulate on top of the main page right above quick-pick icons for major leagues and live betting markets. Tabs run along the bottom for easy access to all sports, bet slips, active bets, and the BetMGM Vermont promotion section.

How to use BetMGM Vermont App:

  1. ✅ Choose a sports market
  2. ✅ Click odds to add them to a bet slip
  3. ✅ Combine or separate selections
  4. ✅ Enter a wager amount
  5. ✅ Apply a BetMGM Sportsbook Vermont bonus code (if available)
  6. ✅ Select "Place Bet" to finalize wagers

Live streams will be listed under the "Live Games" section on the main screen and in each market. Finding smaller pre-game markets can be a little tricky. For instance, NBA player props aren't featured in the primary or sport-specific navigation. Users have to click on a game and select the "player prop" page to see available options. 

DraftKings Vermont is a top competitor that leads the pack on intuitive navigation. Sports betting options are laid out in plain sight with user-friendly language alongside a Betting Carousel that serves up lines based on previous wagers.

What Makes the BetMGM App VT Stand Out?

The BetMGM Lion's Boost provides favorable odds on a select market. Daily boosts typically enhance odds by 20-25% (e.g., -110 to +110). These deals are on par with industry leaders.

BetMGM's Parlay Builder is another standout feature. This option is prominently displayed within eligible betting markets to create custom parlays on a single game. Not every selection is available for same game parlays, but there are usually plenty of options for moneylines, spreads, totals, and props.

Popular Popular in Vermont
Must be 21+ to participate & present in VT.

Do I Have to Download the BetMGM Vermont App?

No, you don't have to download the BetMGM app in Vermont to bet. However, I think there are many benefits to using the app instead of the desktop, including more flexible live betting.

BetMGM Vermont App Technical Info 

BetMGM Sportsbook App system requirements are compatible with mobile devices that run iOS 13 or Android 5.0 and up. Multi-factor authentication is built into the login process as a standard security feature. The developer states that user data is not collected or shared with third parties. 

BetMGM Sportsbook App User Reviews

Positives
Custom and quick-pick parlays
Early cashouts on live wagers
Online casino integration (some states)
Negatives
Limited live streams
Navigation issues for smaller markets

How to Download BetMGM Betting App in Vermont

Green Mountain State bettors can find the BetMGM Vermont betting app on the website or by searching "BetMGM Sports" on the Apple or Google Play Store. Click "Install" on Android devices or "Get" on Apple devices to start the installation process. Follow the steps to sign up and claim a promo code for BetMGM Vermont.

What iOS Users Are Saying

  • 🗣️ "I've used every betting app there is, and BetMGM is my favorite. Super user-friendly. Love all the different options and lots of bet tokens and bet insurance. Must-try app for all sports betting needs."
  • 🗣️ "Bonuses and promotions are good with clear rules and obvious expiration dates and are easy to apply on a wager. Synchronization with the broader MGM rewards program is seamless and easy to track."
  • 🗣️ "Love the SGP options, especially boosted ones. Reliable odds and good bonuses, although restrictions on bonus winnings col be loosened a touch. Fast payouts and great customer service make up for simple shortcomings that almost every Sportsbook app has."

What Android Users Are Saying

  • 🗣️ "I was referred to BetMGM and couldn't be happier. Simple and intuitive interface, and managed to get my bet in. Customer service was great with my questions."
  • 🗣️ "Customer service was very helpful. Can always reach a human in 5min or less. Just one of the many reasons I only use BetMGM."
  • 🗣️ "Good sports betting app with so many options, but this app lags so badly. It's difficult to place a bet without getting frustrated. Overall an ok app, but would be great if they fixed all those bugs."

How to Sign Up for a BetMGM Vermont Betting Account

When live, BetMGM Vermont will be easy to sign up for.

  1. ✅ Click "Register" on the BetMGM VT app or website
  2. ✅ Enter a name, email, and birth date
  3. ✅ Choose a username and password
  4. ✅ Provide an address and social security number
  5. ✅ Upload identity verification documents
  6. ✅ Use a bonus code for BetMGM Vermont (if available)
  7. ✅ Deposit at least $10.

Get to Know BetMGM Vermont: Sportsbook Review

BetMGM Vermont matches the pace of major industry players in most states with legal sports betting. Navigation flows seamlessly between desktop and mobile for a fluid betting experience. Sports coverage is above average, with a few minor gaps in some states for niche events.

Lines aren't first on the market but generally follow a standard release schedule for most sportsbooks. Solid betting options are further buoyed by consistent bonuses and boosts. There are fewer offers than some rival sportsbooks, but the overall value of promotions tends to pick up the slack. 

Keep reading for an in-depth review of BetMGM Vermont features, bet types, sports variety, and more.

BetMGM Vermont Betting Site Features

BetMGM Vermont will pack the full punch of a stadium experience without the hassle of long lines and cramped seating. These are the top features to anticipate from BetMGM Sportsbook VT.

Parlay Generator

Create a parlay without breaking a sweat. Simply select the odds, and watch the BetMGM Parlay Generator build a parlay from the upcoming slate of events. These parlays default to 5 selections, but players can manually adjust the number of legs. Some users report a lower quality level on generated parlays compared to building a custom multi-leg wager.

Edit My Bet

Adjust selections on active wagers with "Edit My Bet." This feature gives players full control to add, swap, or remove selections on wagers that have already been finalized. There's even an option to raise the stakes for a shot at scoring some extra cash. Wagers eligible for an early cashout will usually offer the option "Edit My Bet."

Live Betting

Follow the action as it unfolds with Vermont live betting across most major leagues. Live schedules are generally packed with lines on any given day. Odds update in real-time alongside game statistics for a full range of motion in predicting outcomes to make quick adjustments or cashouts. There are occasional delays in load times for live data.

Banking Options for BetMGM Vermont Users

BetMGM VT banking options should follow a similar format for most states where this operator is available. See below for a BetMGM Vermont review of potential payment methods for deposits and withdrawals.

MethodDeposit?Withdrawal?
💳 Credit CardsYesNo
💳 Debit CardsYesYes (1-2 days)
🏦 Online BankingYesYes (2-4 days)
📲 E-walletsYesYes (1 day)
💳 Play+ CardYesYes (1 day)
🏦 Wire TransferYesNo
📲 PayNearMeYesNo
✏️ CheckNoYes (7-21 days)

Minimum deposits start at $10. This amount can vary for certain payment options or BetMGM Sportsbook Vermont promo requirements.

Most banking options require a $10 minimum withdrawal. Limits on maximum withdrawals are based on the selected payment method. The time it takes to receive funds depends on the payment option and provider. 

How Long Does a BetMGM Sportsbook Withdrawal Take?

BetMGM Sportsbook withdrawals can take up to 5 days to process. Users will be notified when the internal review is complete. After a withdrawal request is approved, funds can take 1-4 days to deposit (excluding checks).

Does BetMGM Sportsbook Cash Out Instantly?

BetMGM Sportsbook will cash out instantly at retail sportsbook counters, though those will not be available in Vermont (at least, initially). 

  • MasterCard
  • PayPal
  • Bank Transfer
  • Check
  • American Express

Can I Use CashApp at BetMGM Sportsbook?

No. CashApp is not currently listed as a payment method for BetMGM Sportsbook banking options.

Can I Use PayPal or Venmo BetMGM Sportsbook?

Yes. BetMGM Sportsbook offers PayPal and Venmo as banking options in most states.

What Can I Bet on at BetMGM Online in Vermont?

Sports fans can expect broad coverage from BetMGM Vermont. Market variety fluctuates for each state, but generally includes U.S. and international major leagues. Players can also find lines on niche events like cricket, politics, and water polo.

  • Baseball
  • Basketball
  • Biathlon
  • Boxing & MMA
  • Cricket
  • Cycling
  • Darts
  • Football, including Aussie Rules
  • Formula 1
  • Gaelic Sports
  • Golf
  • Handball
  • Hockey
  • Lacrosse
  • NASCAR
  • Rugby League & Rugby Union
  • Ski Jumping & Cross Country Skiing
  • Snooker
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball
  • Water Polo

It's important to note that wagering on in-state college teams will not be allowed, unless the team is playing in a tournament, such as March Madness.

Popular Bet Types Available at BetMGM Vermont

BetMGM Vermont is expected to deliver an extensive range of betting options. Here are a few of the most popular wagers likely to hit the Green Mountain State:

Software at BetMGM Vermont

BetMGM Sportsbook Vermont will operate on proprietary betting software. Using in-house tech often bypasses common limitations of third-party providers, like lag times and crashes when servers are overloaded.

BetMGM Sportsbook software is designed to deliver comprehensive sports data, live odds, risk management, real-time analytics, and promotions. Custom and pre-set parlays are powered by Betgenius to give players hundreds of advanced betting options.

Stay Safe at the Vermont BetMGM Sportsbook

BetMGM Vermont is backed by the established MGM brand that knows a thing or two about security protocols. This operator protects private data with industry-leading firewalls and VeriSign SSL encryption technology. Financial transactions comply with bank-level safeguards to prevent unauthorized access.

How to Contact BetMGM Sportsbook in Vermont

Residents will be able to contact BetMGM Sportsbook customer support in Vermont via live chat, phone, and email. 

  • 💻 Live Chat: 24/7
  • 📞 Phone: TBD
  • 📧 Email: TBD
  • ❎ X (Twitter): @BetMGMSupport
  • 📱 Facebook & Instagram: @betmgm

Additional resources and sports betting guides can be found under the "Help & Contact" section.

Responsible Gambling at BetMGM Vermont

Residents will have access to responsible gambling tools and resources to strike the rights sports betting balance. BetMGM Vermont will have adjustable controls for deposits, losses, and on-site time. Players will also be able to block account access for 3-180 days or indefinitely with a voluntary self-exclusion program. Additional support is available through Vermont's Problem Gambling Resource Centre and the National Council on Problem Gambling.

BetMGM Vermont Sportsbook vs. Other Sportsbooks in Vermont

BetMGM VT falls in line with industry benchmarks on betting options, sports variety, and odds quality. There are two notable areas where this operator excels compared to other sportsbooks:

  • ⭐️ Parlay Generator: Building instant parlays in a few clicks goes beyond standard pre-set and custom parlays available on competing sportsbooks.
  • ⭐️ Bet Editing: Adjusting selections on active wagers offers players more control than rival bookies without this capability.

These elements help create a custom gameday experience that most brands can't compete with. FanDuel Vermont SGP+ is a prime example of a unique tool that doesn't necessarily add value. It combines SGP wagers from multiple games, which demands a certain skill level similar to pre-set and custom SGP wagers. 

The BetMGM Parlay Generator automates the process of combining selections with minimal effort or knowledge required.

Pros & Cons of BetMGM Online

Pros
Broad sports coverage
Parlay generator
Daily odds boosts
Edit selections on active wagers
Competitive rewards program
Cons
Limited odds boosts
Higher juice on average
Occasional delays on live data

My Final Conclusion of this Vermont BetMGM Sportsbook Review

Overall, I think BetMGM Sportsbook Vermont is a solid sports betting product. There's still some room for improvement when it comes to line pricing. Odds carry an average edge of 4.74 with minimal flux across straight bets on most major markets. For comparison, Caesars Sportsbook Vermont odds have an average price point of 4.71 that drops to 4.06 and 2.87 on NFL and MLB moneylines, respectively.

Despite a few flaws, BetMGM Vermont is bound to nab a spot among top sportsbooks competing for Green Mountain State recruits. Local sports fans can look forward to strong market density and lucrative rewards packaged into a slick interface with a few extra bells and whistles. Check back for updates on BetMGM Vermont sportsbook bonus code details and launch dates.

BetMGM Vermont Review and Bonus Code FAQs

Author

Candice Reeves

Candice Reeves is an expert reviewer for BetVermont.com. Candice built a writing career in wealth management, cryptocurrency, and software applications. Her work is routinely featured in leading finance and technology publications, including WealthRocket.com, CryptoVantage.com, and StackCompare.com.