Sports Bet Types in Vermont
Every wager format you can place at DraftKings, FanDuel, or Fanatics in Vermont. Eight common bet types, each with a dedicated guide showing how it works and when it makes sense.
Eight Bet Types, One Vermont Market
Every sportsbook licensed in Vermont; DraftKings, FanDuel, and Fanatics; offers the same eight core bet types. The differences are in pricing depth and prop catalogs, not in what's allowed. Each guide below explains what the bet is, how the math works, and gives a Vermont-flavored example using a Boston franchise.
The Eight Types
- Moneyline; Pick who wins outright. The simplest bet type.
- Point Spread; Bet against a handicap; pick the favorite to win by more or the underdog to lose by less.
- Total (Over/Under); Bet whether the combined score lands above or below a set number.
- Parlay; Combine multiple bets into one ticket; all must win.
- Same Game Parlay; A parlay built from outcomes within a single game.
- Prop Bets; Bets on individual player or game events; passing yards, first scorer, etc.
- Futures; Long-term bets that settle weeks or months later; Super Bowl, MVP, division winner.
- Live Betting; In-game wagering with constantly-updating odds.
Which Bet Type Should You Start With?
New bettors should start with moneyline bets on heavy favorites or point spreads on games you already follow. Parlays, props, and live betting look enticing because of the bigger payouts, but the implicit house edge is higher; they reward bettors who understand variance and bankroll management. The math behind why is in each individual guide.
Vermont-Specific Restrictions
One important Vermont rule: player props on the UVM Catamounts are prohibited. Spreads, moneylines, and totals on UVM games are allowed; props on individual UVM players are not. The restriction does not apply to out-of-state college sports or to any pro league.