A comprehensive guide to betting on horse racing in Vermont

Add Vermont to the list of states in the U.S. that legalized sports betting. State Governor Phil Scott signed official legislation on June 14th, giving Vermont residents unparalleled access to sports betting as early as the end of 2023 to January 2024. 

As for sports betting itself, the popular phenomenon has vastly expanded as its influence has grown, with horse racing becoming the latest sport to make a surge. Vermont betting on horse racing itself dates back to as far as the 1600s, but its influence beyond in-person sportsbooks and casinos is beginning to take off rapidly. 

Here are a few different options for Vermont residents to consider. 

Bovada Casino

With a longstanding history of providing reliable customer support, Bovada Casino is largely favored by sports bettors. For horse racing, their platform is known to be one of the main leaders. 

For one, Bovada Casino offers its users complete coverage of multiple race tracks in their dedicated racebook. From the U.S. to Ireland and the U.K., their comprehensive coverage surrounding multiple tracks keeps their users up-to-date and informed on a widespread scale. 

The sports betting platform also offers a generous $750 welcome bonus and 24/7 customer support for its users. If you’re looking for comprehensive coverage with care, this may be the platform to choose. 

MyBookie

Similar to Bovada Casino, MyBookie offers users a wide selection of international racetracks for its users to wager on. These countries include Sweden, South Africa, Canada, the United Kingdom, Ireland, France, and the United States

The online sportsbook offers its players a 50% match for a first deposit of up to $1,000 and they include a $10 casino chip as part of their welcome package. 

With a world-class mobile application and secure software, MyBookie has quickly risen up the ranks of sports betting platforms. For horse racing, they serve as one of the better options out there for Vermont residents. 

FanDuel Sportsbook

One of the more popular options in the states is also among the easiest to use. FanDuel sportsbook offers users a wide range of sports betting options and games. 

According to the official FanDuel website, new users can make up to $200 in bonus bets when signing up for a new account and wagering anywhere from $5-$20 on their first bet. 

With exclusive offers and secure deposits and withdrawals that are quick and easy, FanDuel Sportsbook has surged to become one of the most popular sports betting websites in the United States and continues to make its mark on the industry at large, including its horse racing betting. 

DraftKings Sportsbook

Similar to FanDuel Sportsbook, DraftKings offers users a wide range of sports betting options and games including daily fantasy sports, a licensed and secure online casino, and a marketplace for their players. 

The website is especially friendly to new users, offering an instant $150 in bonus bets off of a $5 wager on their first bet. With secure payment and withdrawal options, exclusive rewards, and a plethora of sports to bet on, DraftKings currently slots in as one of the most popular sports betting platforms in the United States. 

Types of horse racing bets

Single bets –  As the most common horse racing bet type, a single bet is when users bet on a single horse to win, place, or show.

Double bets – a bet that involves the selection of two different horses in separate races or events. 

Treble bets – a bet on three different horses in separate races or events. 

Trixie bets – bets comprising three different horse selections running in different races or events. 

Exacta bet – a type of bet that requires a player to select the first two horses to finish the race in order. 

Quinella bet – slightly different from the exacta bet, a quinella bet is when players select the top two horses to finish a race in any order. 

Trifecta bet – a bet that requires a player to select the first three horses to finish a race or event in exact order. 

Superfecta bet – a bet that involves the selection of the first four horses to finish a race or event in exact order.