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Vermont Sportsbook Promos and Sports Betting Launch News
. Place a first bet within 30 days and if it loses, receive back the equivalent amount in the form of a Bonus Bet worth up to $1,000 .
. After that first bet has been settled, you’ll see the Bonus Bet in your account within two days .
. Use your Bonus Bet within 14 days or else it will expire.
or else it will expire. If you win with your Bonus Bet, you only receive the winnings and not the bet amount back.
BetRivers Vermont promo code
BetRivers Sportsbook is another site that has launched in many states and could be among those coming to Vermont. BetRivers has a lot to offer and many have found it a great choice elsewhere. Like the sites described above, BetRivers also has a “second chance” welcome offer that gives new sign-ups a free bet refund worth up to $500 should they lose their first wager.
The BetRivers sports betting site has all the most popular sports and leagues covered plus a lot of other international markets, too.
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Vermont Sportsbook Promos and Sports Betting Launch News
. After that first bet has been settled, you’ll see the Bonus Bet in your account within two days .
. Use your Bonus Bet within 14 days or else it will expire.
or else it will expire. If you win with your Bonus Bet, you only receive the winnings and not the bet amount back.
BetRivers Vermont promo code
BetRivers Sportsbook is another site that has launched in many states and could be among those coming to Vermont. BetRivers has a lot to offer and many have found it a great choice elsewhere. Like the sites described above, BetRivers also has a “second chance” welcome offer that gives new sign-ups a free bet refund worth up to $500 should they lose their first wager.
The BetRivers sports betting site has all the most popular sports and leagues covered plus a lot of other international markets, too. You’ll find plenty of props and futures as well as a robust live betting platform.
|
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Vermont Sportsbook Promos and Sports Betting Launch News
. After that first bet has been settled, you’ll see the Bonus Bet in your account within two days .
. Use your Bonus Bet within 14 days or else it will expire.
or else it will expire. If you win with your Bonus Bet, you only receive the winnings and not the bet amount back.
BetRivers Vermont promo code
BetRivers Sportsbook is another site that has launched in many states and could be among those coming to Vermont. BetRivers has a lot to offer and many have found it a great choice elsewhere. Like the sites described above, BetRivers also has a “second chance” welcome offer that gives new sign-ups a free bet refund worth up to $500 should they lose their first wager.
The BetRivers sports betting site has all the most popular sports and leagues covered plus a lot of other international markets, too. You’ll find plenty of props and futures as well as a robust live betting platform. There are ongoing promos like matched bonus bets, parlay insurance, “bet & get” bonuses and more, and BetRivers also has a well-liked loyalty program, iRush Rewards.
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Vermont Sportsbook Promos and Sports Betting Launch News
If you win with your Bonus Bet, you only receive the winnings and not the bet amount back.
BetRivers Vermont promo code
BetRivers Sportsbook is another site that has launched in many states and could be among those coming to Vermont. BetRivers has a lot to offer and many have found it a great choice elsewhere. Like the sites described above, BetRivers also has a “second chance” welcome offer that gives new sign-ups a free bet refund worth up to $500 should they lose their first wager.
The BetRivers sports betting site has all the most popular sports and leagues covered plus a lot of other international markets, too. You’ll find plenty of props and futures as well as a robust live betting platform. There are ongoing promos like matched bonus bets, parlay insurance, “bet & get” bonuses and more, and BetRivers also has a well-liked loyalty program, iRush Rewards.
Here is a look at how to get the BetRivers Sportsbook welcome offer and what you get with it:
Sign up at BetRivers Sportsbook using the bonus code SPORTSRIV .
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5504
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Vermont Sportsbook Promos and Sports Betting Launch News
BetRivers has a lot to offer and many have found it a great choice elsewhere. Like the sites described above, BetRivers also has a “second chance” welcome offer that gives new sign-ups a free bet refund worth up to $500 should they lose their first wager.
The BetRivers sports betting site has all the most popular sports and leagues covered plus a lot of other international markets, too. You’ll find plenty of props and futures as well as a robust live betting platform. There are ongoing promos like matched bonus bets, parlay insurance, “bet & get” bonuses and more, and BetRivers also has a well-liked loyalty program, iRush Rewards.
Here is a look at how to get the BetRivers Sportsbook welcome offer and what you get with it:
Sign up at BetRivers Sportsbook using the bonus code SPORTSRIV .
. Deposit at least $10 into your account.
into your account.
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5505
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Vermont Sportsbook Promos and Sports Betting Launch News
BetRivers has a lot to offer and many have found it a great choice elsewhere. Like the sites described above, BetRivers also has a “second chance” welcome offer that gives new sign-ups a free bet refund worth up to $500 should they lose their first wager.
The BetRivers sports betting site has all the most popular sports and leagues covered plus a lot of other international markets, too. You’ll find plenty of props and futures as well as a robust live betting platform. There are ongoing promos like matched bonus bets, parlay insurance, “bet & get” bonuses and more, and BetRivers also has a well-liked loyalty program, iRush Rewards.
Here is a look at how to get the BetRivers Sportsbook welcome offer and what you get with it:
Sign up at BetRivers Sportsbook using the bonus code SPORTSRIV .
. Deposit at least $10 into your account.
into your account. Make a first bet, and if you lose get the bet amount back as a Bonus Bet worth up to $500 .
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Vermont Sportsbook Promos and Sports Betting Launch News
The BetRivers sports betting site has all the most popular sports and leagues covered plus a lot of other international markets, too. You’ll find plenty of props and futures as well as a robust live betting platform. There are ongoing promos like matched bonus bets, parlay insurance, “bet & get” bonuses and more, and BetRivers also has a well-liked loyalty program, iRush Rewards.
Here is a look at how to get the BetRivers Sportsbook welcome offer and what you get with it:
Sign up at BetRivers Sportsbook using the bonus code SPORTSRIV .
. Deposit at least $10 into your account.
into your account. Make a first bet, and if you lose get the bet amount back as a Bonus Bet worth up to $500 . (Note that this amount varies from state to state and could be different in Vermont.)
. (Note that this amount varies from state to state and could be different in Vermont.)
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Vermont Sportsbook Promos and Sports Betting Launch News
You’ll find plenty of props and futures as well as a robust live betting platform. There are ongoing promos like matched bonus bets, parlay insurance, “bet & get” bonuses and more, and BetRivers also has a well-liked loyalty program, iRush Rewards.
Here is a look at how to get the BetRivers Sportsbook welcome offer and what you get with it:
Sign up at BetRivers Sportsbook using the bonus code SPORTSRIV .
. Deposit at least $10 into your account.
into your account. Make a first bet, and if you lose get the bet amount back as a Bonus Bet worth up to $500 . (Note that this amount varies from state to state and could be different in Vermont.)
. (Note that this amount varies from state to state and could be different in Vermont.) You’ll see the Bonus Bet in your account within 24 hours , and then you’ll have 30 days to use it .
, and then you’ll have .
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5508
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Vermont Sportsbook Promos and Sports Betting Launch News
There are ongoing promos like matched bonus bets, parlay insurance, “bet & get” bonuses and more, and BetRivers also has a well-liked loyalty program, iRush Rewards.
Here is a look at how to get the BetRivers Sportsbook welcome offer and what you get with it:
Sign up at BetRivers Sportsbook using the bonus code SPORTSRIV .
. Deposit at least $10 into your account.
into your account. Make a first bet, and if you lose get the bet amount back as a Bonus Bet worth up to $500 . (Note that this amount varies from state to state and could be different in Vermont.)
. (Note that this amount varies from state to state and could be different in Vermont.) You’ll see the Bonus Bet in your account within 24 hours , and then you’ll have 30 days to use it .
, and then you’ll have . The Bonus Bet has to be used on wagers with odds of -200 or longer, and if you win with it you’ll receive the winnings but not the bet amount back.
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Vermont Sportsbook Promos and Sports Betting Launch News
Here is a look at how to get the BetRivers Sportsbook welcome offer and what you get with it:
Sign up at BetRivers Sportsbook using the bonus code SPORTSRIV .
. Deposit at least $10 into your account.
into your account. Make a first bet, and if you lose get the bet amount back as a Bonus Bet worth up to $500 . (Note that this amount varies from state to state and could be different in Vermont.)
. (Note that this amount varies from state to state and could be different in Vermont.) You’ll see the Bonus Bet in your account within 24 hours , and then you’ll have 30 days to use it .
, and then you’ll have . The Bonus Bet has to be used on wagers with odds of -200 or longer, and if you win with it you’ll receive the winnings but not the bet amount back.
Vermont sportsbook bonuses pros and cons
Vermont Sportsbook Bonus Pros Vermont Sportsbook Bonus Cons Thousands of dollars in value will be up for grabs.
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Vermont Sportsbook Promos and Sports Betting Launch News
. Deposit at least $10 into your account.
into your account. Make a first bet, and if you lose get the bet amount back as a Bonus Bet worth up to $500 . (Note that this amount varies from state to state and could be different in Vermont.)
. (Note that this amount varies from state to state and could be different in Vermont.) You’ll see the Bonus Bet in your account within 24 hours , and then you’ll have 30 days to use it .
, and then you’ll have . The Bonus Bet has to be used on wagers with odds of -200 or longer, and if you win with it you’ll receive the winnings but not the bet amount back.
Vermont sportsbook bonuses pros and cons
Vermont Sportsbook Bonus Pros Vermont Sportsbook Bonus Cons Thousands of dollars in value will be up for grabs. Refunds are site credit or bonus bets, not cash. Bonuses can be claimed easily via links or promo codes.
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Vermont Sportsbook Promos and Sports Betting Launch News
into your account. Make a first bet, and if you lose get the bet amount back as a Bonus Bet worth up to $500 . (Note that this amount varies from state to state and could be different in Vermont.)
. (Note that this amount varies from state to state and could be different in Vermont.) You’ll see the Bonus Bet in your account within 24 hours , and then you’ll have 30 days to use it .
, and then you’ll have . The Bonus Bet has to be used on wagers with odds of -200 or longer, and if you win with it you’ll receive the winnings but not the bet amount back.
Vermont sportsbook bonuses pros and cons
Vermont Sportsbook Bonus Pros Vermont Sportsbook Bonus Cons Thousands of dollars in value will be up for grabs. Refunds are site credit or bonus bets, not cash. Bonuses can be claimed easily via links or promo codes. Playthrough requirements are attached to site credit and bonus bets.
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Vermont Sportsbook Promos and Sports Betting Launch News
(Note that this amount varies from state to state and could be different in Vermont.)
. (Note that this amount varies from state to state and could be different in Vermont.) You’ll see the Bonus Bet in your account within 24 hours , and then you’ll have 30 days to use it .
, and then you’ll have . The Bonus Bet has to be used on wagers with odds of -200 or longer, and if you win with it you’ll receive the winnings but not the bet amount back.
Vermont sportsbook bonuses pros and cons
Vermont Sportsbook Bonus Pros Vermont Sportsbook Bonus Cons Thousands of dollars in value will be up for grabs. Refunds are site credit or bonus bets, not cash. Bonuses can be claimed easily via links or promo codes. Playthrough requirements are attached to site credit and bonus bets. Bonuses can be used to bet on almost any sport. You won't earn back the stake on winning bonus bets or bets with site credit.
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Vermont Sportsbook Promos and Sports Betting Launch News
. (Note that this amount varies from state to state and could be different in Vermont.) You’ll see the Bonus Bet in your account within 24 hours , and then you’ll have 30 days to use it .
, and then you’ll have . The Bonus Bet has to be used on wagers with odds of -200 or longer, and if you win with it you’ll receive the winnings but not the bet amount back.
Vermont sportsbook bonuses pros and cons
Vermont Sportsbook Bonus Pros Vermont Sportsbook Bonus Cons Thousands of dollars in value will be up for grabs. Refunds are site credit or bonus bets, not cash. Bonuses can be claimed easily via links or promo codes. Playthrough requirements are attached to site credit and bonus bets. Bonuses can be used to bet on almost any sport. You won't earn back the stake on winning bonus bets or bets with site credit.
Types of Vermont sportsbook promo and bonus offers
The welcome bonuses and ongoing promotions coming soon from new online betting sites in Vermont will fall into the following categories.
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Vermont Sportsbook Promos and Sports Betting Launch News
, and then you’ll have . The Bonus Bet has to be used on wagers with odds of -200 or longer, and if you win with it you’ll receive the winnings but not the bet amount back.
Vermont sportsbook bonuses pros and cons
Vermont Sportsbook Bonus Pros Vermont Sportsbook Bonus Cons Thousands of dollars in value will be up for grabs. Refunds are site credit or bonus bets, not cash. Bonuses can be claimed easily via links or promo codes. Playthrough requirements are attached to site credit and bonus bets. Bonuses can be used to bet on almost any sport. You won't earn back the stake on winning bonus bets or bets with site credit.
Types of Vermont sportsbook promo and bonus offers
The welcome bonuses and ongoing promotions coming soon from new online betting sites in Vermont will fall into the following categories.
Deposit match bonuses
Get up to 100% of your first deposit matched in bonus funds. Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
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Vermont Sportsbook Promos and Sports Betting Launch News
Vermont sportsbook bonuses pros and cons
Vermont Sportsbook Bonus Pros Vermont Sportsbook Bonus Cons Thousands of dollars in value will be up for grabs. Refunds are site credit or bonus bets, not cash. Bonuses can be claimed easily via links or promo codes. Playthrough requirements are attached to site credit and bonus bets. Bonuses can be used to bet on almost any sport. You won't earn back the stake on winning bonus bets or bets with site credit.
Types of Vermont sportsbook promo and bonus offers
The welcome bonuses and ongoing promotions coming soon from new online betting sites in Vermont will fall into the following categories.
Deposit match bonuses
Get up to 100% of your first deposit matched in bonus funds. Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
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Vermont Sportsbook Promos and Sports Betting Launch News
Refunds are site credit or bonus bets, not cash. Bonuses can be claimed easily via links or promo codes. Playthrough requirements are attached to site credit and bonus bets. Bonuses can be used to bet on almost any sport. You won't earn back the stake on winning bonus bets or bets with site credit.
Types of Vermont sportsbook promo and bonus offers
The welcome bonuses and ongoing promotions coming soon from new online betting sites in Vermont will fall into the following categories.
Deposit match bonuses
Get up to 100% of your first deposit matched in bonus funds. Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim.
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Vermont Sportsbook Promos and Sports Betting Launch News
Playthrough requirements are attached to site credit and bonus bets. Bonuses can be used to bet on almost any sport. You won't earn back the stake on winning bonus bets or bets with site credit.
Types of Vermont sportsbook promo and bonus offers
The welcome bonuses and ongoing promotions coming soon from new online betting sites in Vermont will fall into the following categories.
Deposit match bonuses
Get up to 100% of your first deposit matched in bonus funds. Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
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Vermont Sportsbook Promos and Sports Betting Launch News
You won't earn back the stake on winning bonus bets or bets with site credit.
Types of Vermont sportsbook promo and bonus offers
The welcome bonuses and ongoing promotions coming soon from new online betting sites in Vermont will fall into the following categories.
Deposit match bonuses
Get up to 100% of your first deposit matched in bonus funds. Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets.
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Vermont Sportsbook Promos and Sports Betting Launch News
Types of Vermont sportsbook promo and bonus offers
The welcome bonuses and ongoing promotions coming soon from new online betting sites in Vermont will fall into the following categories.
Deposit match bonuses
Get up to 100% of your first deposit matched in bonus funds. Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
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Vermont Sportsbook Promos and Sports Betting Launch News
Deposit match bonuses
Get up to 100% of your first deposit matched in bonus funds. Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short.
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Vermont Sportsbook Promos and Sports Betting Launch News
Sportsbooks will limit the bonus size you can claim and attach wagering requirements.
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash.
|
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Vermont Sportsbook Promos and Sports Betting Launch News
Referral bonuses
You share a personal referral code with friends and family, and if they use it to sign up, deposit, and bet, you both get a bonus. Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
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Vermont Sportsbook Promos and Sports Betting Launch News
Sportsbooks will attach wagering requirements to the bonus.
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit.
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Vermont Sportsbook Promos and Sports Betting Launch News
First-bet offers
You get a refund if you lose your first bet. Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
|
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Vermont Sportsbook Promos and Sports Betting Launch News
Sportsbooks will limit the size of the refund you can claim. Most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus.
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Vermont Sportsbook Promos and Sports Betting Launch News
That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
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Vermont Sportsbook Promos and Sports Betting Launch News
That means wagering requirements are attached, and payouts don't include the stake.
Odds boosts
You’ll receive better than the usual odds on specific bets. Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness.
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Vermont Sportsbook Promos and Sports Betting Launch News
Daily odds boosts are available, but provide no value if the boosted bet isn't a winner.
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit.
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Vermont Sportsbook Promos and Sports Betting Launch News
Bet insurance
Get a refund if you lose a specific bet or your parlay comes up one leg short. Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
|
5530
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Vermont Sportsbook Promos and Sports Betting Launch News
Sportsbooks will limit the size of the refund you can claim, and most refunds are bonus bets or site credit, not cash. That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
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Vermont Sportsbook Promos and Sports Betting Launch News
That means wagering requirements are attached, and payouts don't include the stake.
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites.
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5532
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Vermont Sportsbook Promos and Sports Betting Launch News
Bet & get bonuses
Here, you’ll get a bonus when you place a specific bet. Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
|
5533
|
Vermont Sportsbook Promos and Sports Betting Launch News
Most bet & get bonuses are bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
|
5534
|
Vermont Sportsbook Promos and Sports Betting Launch News
That means wagering requirements are attached, and payouts don't include the stake.
App-only offers
Place a specific bet with one of the best sports betting apps to receive a bonus. This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
|
5535
|
Vermont Sportsbook Promos and Sports Betting Launch News
This won’t be available on the sportsbook website.
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
|
5536
|
Vermont Sportsbook Promos and Sports Betting Launch News
Special event offers
Get a bonus when you place a particular bet on special event odds like World Series odds, Super Bowl betting lines, or March Madness. Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
|
5537
|
Vermont Sportsbook Promos and Sports Betting Launch News
Special event bonuses are often bonus bets or site credit. That means wagering requirements are attached, and payouts don't include the stake.
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
|
5538
|
Vermont Sportsbook Promos and Sports Betting Launch News
Loyalty offers and programs
Earn points with every bet, and the points are redeemable for rewards like cash and bonus bets.
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues.
|
5539
|
Vermont Sportsbook Promos and Sports Betting Launch News
Important Vermont sportsbook bonus and promo conditions
Terms and conditions will be attached to every bonus and promo offer from Vermont online sports betting sites. Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
|
5540
|
Vermont Sportsbook Promos and Sports Betting Launch News
Be ready to see these stipulations.
Banking options
Your ability to withdraw the winnings from a bonus could be limited to specific banking methods.
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg.
|
5541
|
Vermont Sportsbook Promos and Sports Betting Launch News
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans.
|
5542
|
Vermont Sportsbook Promos and Sports Betting Launch News
Wagering requirements
You might be forced to bet a bonus amount a minimum number of times before you can withdraw winnings.
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
|
5543
|
Vermont Sportsbook Promos and Sports Betting Launch News
Betting limitations
There may be limits on the odds or bet types available for wagering bonus funds.
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
|
5544
|
Vermont Sportsbook Promos and Sports Betting Launch News
Time limits
These would force you to use a bonus before an expiration date or meet all wagering requirements within a specific timeframe.
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook.
|
5545
|
Vermont Sportsbook Promos and Sports Betting Launch News
Maximum withdrawals
Some offers could limit your ability to withdraw winnings of a particular amount, forcing you to make multiple withdrawal requests on big wins.
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
|
5546
|
Vermont Sportsbook Promos and Sports Betting Launch News
Vermont sport-specific betting promos
Vermont has no teams in the four major US pro sports leagues. However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus.
|
5547
|
Vermont Sportsbook Promos and Sports Betting Launch News
However, state residents have been known to support Boston-based teams, like the Red Sox (MLB), the Celtics (NBA), the Bruins (NHL), and the Patriots (NFL).
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
|
5548
|
Vermont Sportsbook Promos and Sports Betting Launch News
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
|
5549
|
Vermont Sportsbook Promos and Sports Betting Launch News
Because of those teams’ proximity to the state, you can expect Vermont online sportsbooks to run related promos (eg. NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household.
|
5550
|
Vermont Sportsbook Promos and Sports Betting Launch News
NFL betting promos) to attract fans. College sports are big, too, which means several betting promos should also surround local college teams.
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household. However, you can claim that one bonus from every Vermont online sportsbook.
|
5551
|
Vermont Sportsbook Promos and Sports Betting Launch News
How do I claim a Vermont sportsbook bonus?
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household. However, you can claim that one bonus from every Vermont online sportsbook. Sign up at as many sportsbooks as you like.
What sports can these bonuses be used on?
Pretty much any sport should qualify.
|
5552
|
Vermont Sportsbook Promos and Sports Betting Launch News
Many times, all you’ll need to do is sign up for a new account through the links on this page to claim a bonus from a Vermont online sportsbook. Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household. However, you can claim that one bonus from every Vermont online sportsbook. Sign up at as many sportsbooks as you like.
What sports can these bonuses be used on?
Pretty much any sport should qualify. If betting on the sport is available in Vermont, you can use your bonus on it.
|
5553
|
Vermont Sportsbook Promos and Sports Betting Launch News
Sometimes, you may need to enter the promo or bonus code, but those will all be listed on this page as well.
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household. However, you can claim that one bonus from every Vermont online sportsbook. Sign up at as many sportsbooks as you like.
What sports can these bonuses be used on?
Pretty much any sport should qualify. If betting on the sport is available in Vermont, you can use your bonus on it.
Why should I use the promo codes here on The Sporting News?
The promo codes on this page get you the best bonuses available.
|
5554
|
Vermont Sportsbook Promos and Sports Betting Launch News
You may need to place a qualifying bet or meet specific wagering requirements to get your hands on the bonus. All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household. However, you can claim that one bonus from every Vermont online sportsbook. Sign up at as many sportsbooks as you like.
What sports can these bonuses be used on?
Pretty much any sport should qualify. If betting on the sport is available in Vermont, you can use your bonus on it.
Why should I use the promo codes here on The Sporting News?
The promo codes on this page get you the best bonuses available. When you plug in the code during registration, the sportsbook knows we sent you and gives you the bonus we negotiated for you.
|
5555
|
Vermont Sportsbook Promos and Sports Betting Launch News
All of this will be outlined in the terms and conditions attached to any Vermont online sportsbook bonus offer.
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household. However, you can claim that one bonus from every Vermont online sportsbook. Sign up at as many sportsbooks as you like.
What sports can these bonuses be used on?
Pretty much any sport should qualify. If betting on the sport is available in Vermont, you can use your bonus on it.
Why should I use the promo codes here on The Sporting News?
The promo codes on this page get you the best bonuses available. When you plug in the code during registration, the sportsbook knows we sent you and gives you the bonus we negotiated for you.
Are these promo codes for regular customers, too?
The promo codes on this page are for new customers only.
|
5556
|
Vermont Sportsbook Promos and Sports Betting Launch News
Vermont sportsbook promo codes FAQ
Can I get more than one bonus from a Vermont online sportsbook?
No, you’ll almost certainly be limited to one bonus from each Vermont online sportsbook, and sometimes the limit will be one per household. However, you can claim that one bonus from every Vermont online sportsbook. Sign up at as many sportsbooks as you like.
What sports can these bonuses be used on?
Pretty much any sport should qualify. If betting on the sport is available in Vermont, you can use your bonus on it.
Why should I use the promo codes here on The Sporting News?
The promo codes on this page get you the best bonuses available. When you plug in the code during registration, the sportsbook knows we sent you and gives you the bonus we negotiated for you.
Are these promo codes for regular customers, too?
The promo codes on this page are for new customers only. Once you’ve got an account with a sportsbook, you can take advantage of other bonus offers and ongoing promos.
Related Pages:
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5557
|
Psagot worth 80% less since Rani Zim bought it
In late August 2021, Rani Zim completed one of the more surprising moves in his meteoric business career when he bought Psagot Investment House for NIS 405 million from Altshuler Shaham.
Before that acquisition, Zim had made his fortune in food retailing, setting up, together with his brother Adi, the Kimat Hinam supermarket chain, which was sold in an impressive exit, and in income producing real estate, with the commercial centers company that bears his name.
But just over two years since the deal that was meant to move him up a league, Group Psagot for Finance and Investments (TASE: GPST), which holds the investment house that was once the biggest in Israel, has a market cap of just NIS 97 million, after a 75% decline in its share price in the past year, and an 80% since the acquisition.
|
5558
|
Psagot worth 80% less since Rani Zim bought it
In late August 2021, Rani Zim completed one of the more surprising moves in his meteoric business career when he bought Psagot Investment House for NIS 405 million from Altshuler Shaham.
Before that acquisition, Zim had made his fortune in food retailing, setting up, together with his brother Adi, the Kimat Hinam supermarket chain, which was sold in an impressive exit, and in income producing real estate, with the commercial centers company that bears his name.
But just over two years since the deal that was meant to move him up a league, Group Psagot for Finance and Investments (TASE: GPST), which holds the investment house that was once the biggest in Israel, has a market cap of just NIS 97 million, after a 75% decline in its share price in the past year, and an 80% since the acquisition.
"Rani and Psagot suffered from a lot of bad luck, because sometimes it’s all a matter of timing," a senior capital markets source told "Globes".
|
5559
|
Psagot worth 80% less since Rani Zim bought it
Before that acquisition, Zim had made his fortune in food retailing, setting up, together with his brother Adi, the Kimat Hinam supermarket chain, which was sold in an impressive exit, and in income producing real estate, with the commercial centers company that bears his name.
But just over two years since the deal that was meant to move him up a league, Group Psagot for Finance and Investments (TASE: GPST), which holds the investment house that was once the biggest in Israel, has a market cap of just NIS 97 million, after a 75% decline in its share price in the past year, and an 80% since the acquisition.
"Rani and Psagot suffered from a lot of bad luck, because sometimes it’s all a matter of timing," a senior capital markets source told "Globes". "Since he bought Psagot, three significant things happened that affected the company.
|
5560
|
Psagot worth 80% less since Rani Zim bought it
Before that acquisition, Zim had made his fortune in food retailing, setting up, together with his brother Adi, the Kimat Hinam supermarket chain, which was sold in an impressive exit, and in income producing real estate, with the commercial centers company that bears his name.
But just over two years since the deal that was meant to move him up a league, Group Psagot for Finance and Investments (TASE: GPST), which holds the investment house that was once the biggest in Israel, has a market cap of just NIS 97 million, after a 75% decline in its share price in the past year, and an 80% since the acquisition.
"Rani and Psagot suffered from a lot of bad luck, because sometimes it’s all a matter of timing," a senior capital markets source told "Globes". "Since he bought Psagot, three significant things happened that affected the company. First of all, interest rates rose, and if there’s one thing that a financial marker doesn’t like, it’s interest rate hikes, particularly in the case of a leveraged deal."
|
5561
|
Psagot worth 80% less since Rani Zim bought it
But just over two years since the deal that was meant to move him up a league, Group Psagot for Finance and Investments (TASE: GPST), which holds the investment house that was once the biggest in Israel, has a market cap of just NIS 97 million, after a 75% decline in its share price in the past year, and an 80% since the acquisition.
"Rani and Psagot suffered from a lot of bad luck, because sometimes it’s all a matter of timing," a senior capital markets source told "Globes". "Since he bought Psagot, three significant things happened that affected the company. First of all, interest rates rose, and if there’s one thing that a financial marker doesn’t like, it’s interest rate hikes, particularly in the case of a leveraged deal."
To finance the acquisition, Zim took a loan of NIS 255 million from Mizrahi Tefahot Bank, which he offloaded onto the acquired investment house.
|
5562
|
Psagot worth 80% less since Rani Zim bought it
"Rani and Psagot suffered from a lot of bad luck, because sometimes it’s all a matter of timing," a senior capital markets source told "Globes". "Since he bought Psagot, three significant things happened that affected the company. First of all, interest rates rose, and if there’s one thing that a financial marker doesn’t like, it’s interest rate hikes, particularly in the case of a leveraged deal."
To finance the acquisition, Zim took a loan of NIS 255 million from Mizrahi Tefahot Bank, which he offloaded onto the acquired investment house. NIS 120 million is still outstanding.
"A second factor," the source continued, "is the judicial overhaul promoted by the government in the first nine months of the year, which didn’t exactly contribute to the financial markets, with a great deal of money leaving Israel.
|
5563
|
Psagot worth 80% less since Rani Zim bought it
"Rani and Psagot suffered from a lot of bad luck, because sometimes it’s all a matter of timing," a senior capital markets source told "Globes". "Since he bought Psagot, three significant things happened that affected the company. First of all, interest rates rose, and if there’s one thing that a financial marker doesn’t like, it’s interest rate hikes, particularly in the case of a leveraged deal."
To finance the acquisition, Zim took a loan of NIS 255 million from Mizrahi Tefahot Bank, which he offloaded onto the acquired investment house. NIS 120 million is still outstanding.
"A second factor," the source continued, "is the judicial overhaul promoted by the government in the first nine months of the year, which didn’t exactly contribute to the financial markets, with a great deal of money leaving Israel. Psagot doesn’t specialize in long-term savings, in which most of the money is invested outside Israel, but mainly in investment in the local market, in products such as portfolio management, mutual funds, and a little brokerage.
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5564
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Psagot worth 80% less since Rani Zim bought it
"Since he bought Psagot, three significant things happened that affected the company. First of all, interest rates rose, and if there’s one thing that a financial marker doesn’t like, it’s interest rate hikes, particularly in the case of a leveraged deal."
To finance the acquisition, Zim took a loan of NIS 255 million from Mizrahi Tefahot Bank, which he offloaded onto the acquired investment house. NIS 120 million is still outstanding.
"A second factor," the source continued, "is the judicial overhaul promoted by the government in the first nine months of the year, which didn’t exactly contribute to the financial markets, with a great deal of money leaving Israel. Psagot doesn’t specialize in long-term savings, in which most of the money is invested outside Israel, but mainly in investment in the local market, in products such as portfolio management, mutual funds, and a little brokerage. These are investment channels that are very vulnerable when Israel takes a hit.
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5565
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Psagot worth 80% less since Rani Zim bought it
First of all, interest rates rose, and if there’s one thing that a financial marker doesn’t like, it’s interest rate hikes, particularly in the case of a leveraged deal."
To finance the acquisition, Zim took a loan of NIS 255 million from Mizrahi Tefahot Bank, which he offloaded onto the acquired investment house. NIS 120 million is still outstanding.
"A second factor," the source continued, "is the judicial overhaul promoted by the government in the first nine months of the year, which didn’t exactly contribute to the financial markets, with a great deal of money leaving Israel. Psagot doesn’t specialize in long-term savings, in which most of the money is invested outside Israel, but mainly in investment in the local market, in products such as portfolio management, mutual funds, and a little brokerage. These are investment channels that are very vulnerable when Israel takes a hit. Finally, the war that broke out on October 7 was a blow to the finance industry, certainly in the short term."
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5566
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Psagot worth 80% less since Rani Zim bought it
To finance the acquisition, Zim took a loan of NIS 255 million from Mizrahi Tefahot Bank, which he offloaded onto the acquired investment house. NIS 120 million is still outstanding.
"A second factor," the source continued, "is the judicial overhaul promoted by the government in the first nine months of the year, which didn’t exactly contribute to the financial markets, with a great deal of money leaving Israel. Psagot doesn’t specialize in long-term savings, in which most of the money is invested outside Israel, but mainly in investment in the local market, in products such as portfolio management, mutual funds, and a little brokerage. These are investment channels that are very vulnerable when Israel takes a hit. Finally, the war that broke out on October 7 was a blow to the finance industry, certainly in the short term."
Now, Group Psagot is setting out to raise NIS 220 million debt, to be secured by the company’s shares in subsidiary Psagot Investment House.
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5567
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Psagot worth 80% less since Rani Zim bought it
NIS 120 million is still outstanding.
"A second factor," the source continued, "is the judicial overhaul promoted by the government in the first nine months of the year, which didn’t exactly contribute to the financial markets, with a great deal of money leaving Israel. Psagot doesn’t specialize in long-term savings, in which most of the money is invested outside Israel, but mainly in investment in the local market, in products such as portfolio management, mutual funds, and a little brokerage. These are investment channels that are very vulnerable when Israel takes a hit. Finally, the war that broke out on October 7 was a blow to the finance industry, certainly in the short term."
Now, Group Psagot is setting out to raise NIS 220 million debt, to be secured by the company’s shares in subsidiary Psagot Investment House. To that end, the company’s management has held meetings in the past few days with several financial institutions, to present to them the investment house’s activities and business plans.
|
5568
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Psagot worth 80% less since Rani Zim bought it
Psagot doesn’t specialize in long-term savings, in which most of the money is invested outside Israel, but mainly in investment in the local market, in products such as portfolio management, mutual funds, and a little brokerage. These are investment channels that are very vulnerable when Israel takes a hit. Finally, the war that broke out on October 7 was a blow to the finance industry, certainly in the short term."
Now, Group Psagot is setting out to raise NIS 220 million debt, to be secured by the company’s shares in subsidiary Psagot Investment House. To that end, the company’s management has held meetings in the past few days with several financial institutions, to present to them the investment house’s activities and business plans. The sum that Group Psagot seeks to raise is intended both to cover the balance of its debt to Mizrahi Tefahot Bank, and to replace NIS 120 million in marketable bonds due for redemption in the coming eighteen months.
|
5569
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Psagot worth 80% less since Rani Zim bought it
These are investment channels that are very vulnerable when Israel takes a hit. Finally, the war that broke out on October 7 was a blow to the finance industry, certainly in the short term."
Now, Group Psagot is setting out to raise NIS 220 million debt, to be secured by the company’s shares in subsidiary Psagot Investment House. To that end, the company’s management has held meetings in the past few days with several financial institutions, to present to them the investment house’s activities and business plans. The sum that Group Psagot seeks to raise is intended both to cover the balance of its debt to Mizrahi Tefahot Bank, and to replace NIS 120 million in marketable bonds due for redemption in the coming eighteen months.
The existing bonds (series C) are currently traded at junk yields of around 16%, which makes it difficult to recycle the debt, hence the collateral required for the bonds to be offered.
|
5570
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Psagot worth 80% less since Rani Zim bought it
These are investment channels that are very vulnerable when Israel takes a hit. Finally, the war that broke out on October 7 was a blow to the finance industry, certainly in the short term."
Now, Group Psagot is setting out to raise NIS 220 million debt, to be secured by the company’s shares in subsidiary Psagot Investment House. To that end, the company’s management has held meetings in the past few days with several financial institutions, to present to them the investment house’s activities and business plans. The sum that Group Psagot seeks to raise is intended both to cover the balance of its debt to Mizrahi Tefahot Bank, and to replace NIS 120 million in marketable bonds due for redemption in the coming eighteen months.
The existing bonds (series C) are currently traded at junk yields of around 16%, which makes it difficult to recycle the debt, hence the collateral required for the bonds to be offered. Group Psagot believes that, once the move is completed, the yield on its bonds will fall to single-digit proportions, and that its share price will rise accordingly.
|
5571
|
Psagot worth 80% less since Rani Zim bought it
Now, Group Psagot is setting out to raise NIS 220 million debt, to be secured by the company’s shares in subsidiary Psagot Investment House. To that end, the company’s management has held meetings in the past few days with several financial institutions, to present to them the investment house’s activities and business plans. The sum that Group Psagot seeks to raise is intended both to cover the balance of its debt to Mizrahi Tefahot Bank, and to replace NIS 120 million in marketable bonds due for redemption in the coming eighteen months.
The existing bonds (series C) are currently traded at junk yields of around 16%, which makes it difficult to recycle the debt, hence the collateral required for the bonds to be offered. Group Psagot believes that, once the move is completed, the yield on its bonds will fall to single-digit proportions, and that its share price will rise accordingly.
"A rapid realization that it’s not for him"
So far, Zim has invested nearly NIS 130 million of his own capital in buying control of Psagot, including in a rights issue that the group made last summer.
|
5572
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Psagot worth 80% less since Rani Zim bought it
The sum that Group Psagot seeks to raise is intended both to cover the balance of its debt to Mizrahi Tefahot Bank, and to replace NIS 120 million in marketable bonds due for redemption in the coming eighteen months.
The existing bonds (series C) are currently traded at junk yields of around 16%, which makes it difficult to recycle the debt, hence the collateral required for the bonds to be offered. Group Psagot believes that, once the move is completed, the yield on its bonds will fall to single-digit proportions, and that its share price will rise accordingly.
"A rapid realization that it’s not for him"
So far, Zim has invested nearly NIS 130 million of his own capital in buying control of Psagot, including in a rights issue that the group made last summer. The 62% stake that Zim holds in Group Psagot, the public company (formerly called Value Capital) through which he bought the investment house, is currently worth just NIS 64 million, meaning that he lost about half his investment within a short time.
|
5573
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Psagot worth 80% less since Rani Zim bought it
The existing bonds (series C) are currently traded at junk yields of around 16%, which makes it difficult to recycle the debt, hence the collateral required for the bonds to be offered. Group Psagot believes that, once the move is completed, the yield on its bonds will fall to single-digit proportions, and that its share price will rise accordingly.
"A rapid realization that it’s not for him"
So far, Zim has invested nearly NIS 130 million of his own capital in buying control of Psagot, including in a rights issue that the group made last summer. The 62% stake that Zim holds in Group Psagot, the public company (formerly called Value Capital) through which he bought the investment house, is currently worth just NIS 64 million, meaning that he lost about half his investment within a short time.
Immediately after acquiring Psagot’s business (which mainly consisted of management of mutual funds and customer portfolios) Zim told "Globes": "Our headline at Psagot is to restore its former glory.
|
5574
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Psagot worth 80% less since Rani Zim bought it
Group Psagot believes that, once the move is completed, the yield on its bonds will fall to single-digit proportions, and that its share price will rise accordingly.
"A rapid realization that it’s not for him"
So far, Zim has invested nearly NIS 130 million of his own capital in buying control of Psagot, including in a rights issue that the group made last summer. The 62% stake that Zim holds in Group Psagot, the public company (formerly called Value Capital) through which he bought the investment house, is currently worth just NIS 64 million, meaning that he lost about half his investment within a short time.
Immediately after acquiring Psagot’s business (which mainly consisted of management of mutual funds and customer portfolios) Zim told "Globes": "Our headline at Psagot is to restore its former glory. We haven’t come to make a killing in one or two years, and I don’t want to start selling the business on to other entities… we’ll invest in the people, in the activity, in the organization, in the market, and we’ll form collaborations with many entities in the economy.
|
5575
|
Psagot worth 80% less since Rani Zim bought it
The 62% stake that Zim holds in Group Psagot, the public company (formerly called Value Capital) through which he bought the investment house, is currently worth just NIS 64 million, meaning that he lost about half his investment within a short time.
Immediately after acquiring Psagot’s business (which mainly consisted of management of mutual funds and customer portfolios) Zim told "Globes": "Our headline at Psagot is to restore its former glory. We haven’t come to make a killing in one or two years, and I don’t want to start selling the business on to other entities… we’ll invest in the people, in the activity, in the organization, in the market, and we’ll form collaborations with many entities in the economy. We want to bring new activities and a different aroma to the market."
But, as reported six months ago, Zim has started to look for someone to buy his entire stake in the investment house, or at least part of it.
|
5576
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Psagot worth 80% less since Rani Zim bought it
Immediately after acquiring Psagot’s business (which mainly consisted of management of mutual funds and customer portfolios) Zim told "Globes": "Our headline at Psagot is to restore its former glory. We haven’t come to make a killing in one or two years, and I don’t want to start selling the business on to other entities… we’ll invest in the people, in the activity, in the organization, in the market, and we’ll form collaborations with many entities in the economy. We want to bring new activities and a different aroma to the market."
But, as reported six months ago, Zim has started to look for someone to buy his entire stake in the investment house, or at least part of it. One of the names mentioned in the press is that of Group Psagot CEO Yaniv Bender, who currently holds 7.4% of the company, as someone who could participate in such an acquisition.
|
5577
|
Psagot worth 80% less since Rani Zim bought it
Immediately after acquiring Psagot’s business (which mainly consisted of management of mutual funds and customer portfolios) Zim told "Globes": "Our headline at Psagot is to restore its former glory. We haven’t come to make a killing in one or two years, and I don’t want to start selling the business on to other entities… we’ll invest in the people, in the activity, in the organization, in the market, and we’ll form collaborations with many entities in the economy. We want to bring new activities and a different aroma to the market."
But, as reported six months ago, Zim has started to look for someone to buy his entire stake in the investment house, or at least part of it. One of the names mentioned in the press is that of Group Psagot CEO Yaniv Bender, who currently holds 7.4% of the company, as someone who could participate in such an acquisition.
Psagot recently completed the sale of one third of its mutual funds business and its entire portfolio management business to Kessem, of The Phoenix Holdings group, for NIS 200 million.
|
5578
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Psagot worth 80% less since Rani Zim bought it
We haven’t come to make a killing in one or two years, and I don’t want to start selling the business on to other entities… we’ll invest in the people, in the activity, in the organization, in the market, and we’ll form collaborations with many entities in the economy. We want to bring new activities and a different aroma to the market."
But, as reported six months ago, Zim has started to look for someone to buy his entire stake in the investment house, or at least part of it. One of the names mentioned in the press is that of Group Psagot CEO Yaniv Bender, who currently holds 7.4% of the company, as someone who could participate in such an acquisition.
Psagot recently completed the sale of one third of its mutual funds business and its entire portfolio management business to Kessem, of The Phoenix Holdings group, for NIS 200 million. The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials.
|
5579
|
Psagot worth 80% less since Rani Zim bought it
We want to bring new activities and a different aroma to the market."
But, as reported six months ago, Zim has started to look for someone to buy his entire stake in the investment house, or at least part of it. One of the names mentioned in the press is that of Group Psagot CEO Yaniv Bender, who currently holds 7.4% of the company, as someone who could participate in such an acquisition.
Psagot recently completed the sale of one third of its mutual funds business and its entire portfolio management business to Kessem, of The Phoenix Holdings group, for NIS 200 million. The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials. That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
|
5580
|
Psagot worth 80% less since Rani Zim bought it
We want to bring new activities and a different aroma to the market."
But, as reported six months ago, Zim has started to look for someone to buy his entire stake in the investment house, or at least part of it. One of the names mentioned in the press is that of Group Psagot CEO Yaniv Bender, who currently holds 7.4% of the company, as someone who could participate in such an acquisition.
Psagot recently completed the sale of one third of its mutual funds business and its entire portfolio management business to Kessem, of The Phoenix Holdings group, for NIS 200 million. The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials. That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says.
|
5581
|
Psagot worth 80% less since Rani Zim bought it
But, as reported six months ago, Zim has started to look for someone to buy his entire stake in the investment house, or at least part of it. One of the names mentioned in the press is that of Group Psagot CEO Yaniv Bender, who currently holds 7.4% of the company, as someone who could participate in such an acquisition.
Psagot recently completed the sale of one third of its mutual funds business and its entire portfolio management business to Kessem, of The Phoenix Holdings group, for NIS 200 million. The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials. That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says. "People think that if they are good managers, they can manage anything, but that isn’t necessarily so.
|
5582
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Psagot worth 80% less since Rani Zim bought it
One of the names mentioned in the press is that of Group Psagot CEO Yaniv Bender, who currently holds 7.4% of the company, as someone who could participate in such an acquisition.
Psagot recently completed the sale of one third of its mutual funds business and its entire portfolio management business to Kessem, of The Phoenix Holdings group, for NIS 200 million. The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials. That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says. "People think that if they are good managers, they can manage anything, but that isn’t necessarily so. To succeed in the capital market you have to be able to bring in the best investment managers and create DNA in the organization.
|
5583
|
Psagot worth 80% less since Rani Zim bought it
Psagot recently completed the sale of one third of its mutual funds business and its entire portfolio management business to Kessem, of The Phoenix Holdings group, for NIS 200 million. The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials. That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says. "People think that if they are good managers, they can manage anything, but that isn’t necessarily so. To succeed in the capital market you have to be able to bring in the best investment managers and create DNA in the organization. There are many elements that are not similar to real estate or retailing, and the mere fact that a person has financial insight doesn’t mean success on the capital market.
|
5584
|
Psagot worth 80% less since Rani Zim bought it
The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials. That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says. "People think that if they are good managers, they can manage anything, but that isn’t necessarily so. To succeed in the capital market you have to be able to bring in the best investment managers and create DNA in the organization. There are many elements that are not similar to real estate or retailing, and the mere fact that a person has financial insight doesn’t mean success on the capital market. It looks sexy and glittering from the outside, but you have to understand how this sector works."
|
5585
|
Psagot worth 80% less since Rani Zim bought it
The sale of the mutual funds will yield a gain to Psagot of NIS 90 million, which will be posted in it fourth quarter financials. That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says. "People think that if they are good managers, they can manage anything, but that isn’t necessarily so. To succeed in the capital market you have to be able to bring in the best investment managers and create DNA in the organization. There are many elements that are not similar to real estate or retailing, and the mere fact that a person has financial insight doesn’t mean success on the capital market. It looks sexy and glittering from the outside, but you have to understand how this sector works."
Psagot’s business has been growing, but it is not managing to translate this into profits.
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5586
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Psagot worth 80% less since Rani Zim bought it
That amount is equivalent to the entire company’s current market cap, which, if you will, means that the rest of its business is valued at zero.
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says. "People think that if they are good managers, they can manage anything, but that isn’t necessarily so. To succeed in the capital market you have to be able to bring in the best investment managers and create DNA in the organization. There are many elements that are not similar to real estate or retailing, and the mere fact that a person has financial insight doesn’t mean success on the capital market. It looks sexy and glittering from the outside, but you have to understand how this sector works."
Psagot’s business has been growing, but it is not managing to translate this into profits. Its mutual funds took in NIS 1.4 billion in October, and NIS 7 billion in the year to the end of October, which means that it has NIS 43 billion under management.
|
5587
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Psagot worth 80% less since Rani Zim bought it
"There’s a considerable difference between commercial centers and the world of finance," a capital market player says. "People think that if they are good managers, they can manage anything, but that isn’t necessarily so. To succeed in the capital market you have to be able to bring in the best investment managers and create DNA in the organization. There are many elements that are not similar to real estate or retailing, and the mere fact that a person has financial insight doesn’t mean success on the capital market. It looks sexy and glittering from the outside, but you have to understand how this sector works."
Psagot’s business has been growing, but it is not managing to translate this into profits. Its mutual funds took in NIS 1.4 billion in October, and NIS 7 billion in the year to the end of October, which means that it has NIS 43 billion under management. Most of the incoming money, however, went into money market funds, a product with negligible management fees and low profits.
|
5588
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Psagot worth 80% less since Rani Zim bought it
"People think that if they are good managers, they can manage anything, but that isn’t necessarily so. To succeed in the capital market you have to be able to bring in the best investment managers and create DNA in the organization. There are many elements that are not similar to real estate or retailing, and the mere fact that a person has financial insight doesn’t mean success on the capital market. It looks sexy and glittering from the outside, but you have to understand how this sector works."
Psagot’s business has been growing, but it is not managing to translate this into profits. Its mutual funds took in NIS 1.4 billion in October, and NIS 7 billion in the year to the end of October, which means that it has NIS 43 billion under management. Most of the incoming money, however, went into money market funds, a product with negligible management fees and low profits.
Psagot posted a loss of NIS 27 million for the first half of 2023, which is largely attributed to its non-bank credit business, an activity begun before Zim acquired the company.
|
5589
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Psagot worth 80% less since Rani Zim bought it
There are many elements that are not similar to real estate or retailing, and the mere fact that a person has financial insight doesn’t mean success on the capital market. It looks sexy and glittering from the outside, but you have to understand how this sector works."
Psagot’s business has been growing, but it is not managing to translate this into profits. Its mutual funds took in NIS 1.4 billion in October, and NIS 7 billion in the year to the end of October, which means that it has NIS 43 billion under management. Most of the incoming money, however, went into money market funds, a product with negligible management fees and low profits.
Psagot posted a loss of NIS 27 million for the first half of 2023, which is largely attributed to its non-bank credit business, an activity begun before Zim acquired the company. About six weeks ago, Psagot sold control of its main holding in this area, AppliCheck, to its founder, Meny Guy, and now holds 20% of that company.
|
5590
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Psagot worth 80% less since Rani Zim bought it
It looks sexy and glittering from the outside, but you have to understand how this sector works."
Psagot’s business has been growing, but it is not managing to translate this into profits. Its mutual funds took in NIS 1.4 billion in October, and NIS 7 billion in the year to the end of October, which means that it has NIS 43 billion under management. Most of the incoming money, however, went into money market funds, a product with negligible management fees and low profits.
Psagot posted a loss of NIS 27 million for the first half of 2023, which is largely attributed to its non-bank credit business, an activity begun before Zim acquired the company. About six weeks ago, Psagot sold control of its main holding in this area, AppliCheck, to its founder, Meny Guy, and now holds 20% of that company.
So what will happen now?
|
5591
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Psagot worth 80% less since Rani Zim bought it
It looks sexy and glittering from the outside, but you have to understand how this sector works."
Psagot’s business has been growing, but it is not managing to translate this into profits. Its mutual funds took in NIS 1.4 billion in October, and NIS 7 billion in the year to the end of October, which means that it has NIS 43 billion under management. Most of the incoming money, however, went into money market funds, a product with negligible management fees and low profits.
Psagot posted a loss of NIS 27 million for the first half of 2023, which is largely attributed to its non-bank credit business, an activity begun before Zim acquired the company. About six weeks ago, Psagot sold control of its main holding in this area, AppliCheck, to its founder, Meny Guy, and now holds 20% of that company.
So what will happen now? When he put Psagot up for sale a few months ago, Zim was looking for a valuation of around NIS 400 million, similar to the valuation at which he acquired it.
|
5592
|
Psagot worth 80% less since Rani Zim bought it
Its mutual funds took in NIS 1.4 billion in October, and NIS 7 billion in the year to the end of October, which means that it has NIS 43 billion under management. Most of the incoming money, however, went into money market funds, a product with negligible management fees and low profits.
Psagot posted a loss of NIS 27 million for the first half of 2023, which is largely attributed to its non-bank credit business, an activity begun before Zim acquired the company. About six weeks ago, Psagot sold control of its main holding in this area, AppliCheck, to its founder, Meny Guy, and now holds 20% of that company.
So what will happen now? When he put Psagot up for sale a few months ago, Zim was looking for a valuation of around NIS 400 million, similar to the valuation at which he acquired it. But in the light of the current share price, and since market conditions in Israel in general indicate that it will be hard to find a buyer who wants to do a deal at this time, it’s not certain that a deal is in the offing.
|
5593
|
Psagot worth 80% less since Rani Zim bought it
Psagot posted a loss of NIS 27 million for the first half of 2023, which is largely attributed to its non-bank credit business, an activity begun before Zim acquired the company. About six weeks ago, Psagot sold control of its main holding in this area, AppliCheck, to its founder, Meny Guy, and now holds 20% of that company.
So what will happen now? When he put Psagot up for sale a few months ago, Zim was looking for a valuation of around NIS 400 million, similar to the valuation at which he acquired it. But in the light of the current share price, and since market conditions in Israel in general indicate that it will be hard to find a buyer who wants to do a deal at this time, it’s not certain that a deal is in the offing. At any rate, Group Psagot recently announced that Rani Zim was stepping down as chairperson, to be replaced by Daniel Leventhal.
|
5594
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Psagot worth 80% less since Rani Zim bought it
About six weeks ago, Psagot sold control of its main holding in this area, AppliCheck, to its founder, Meny Guy, and now holds 20% of that company.
So what will happen now? When he put Psagot up for sale a few months ago, Zim was looking for a valuation of around NIS 400 million, similar to the valuation at which he acquired it. But in the light of the current share price, and since market conditions in Israel in general indicate that it will be hard to find a buyer who wants to do a deal at this time, it’s not certain that a deal is in the offing. At any rate, Group Psagot recently announced that Rani Zim was stepping down as chairperson, to be replaced by Daniel Leventhal.
Published by Globes, Israel business news - en.globes.co.il - on November 5, 2023.
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5595
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Psagot worth 80% less since Rani Zim bought it
About six weeks ago, Psagot sold control of its main holding in this area, AppliCheck, to its founder, Meny Guy, and now holds 20% of that company.
So what will happen now? When he put Psagot up for sale a few months ago, Zim was looking for a valuation of around NIS 400 million, similar to the valuation at which he acquired it. But in the light of the current share price, and since market conditions in Israel in general indicate that it will be hard to find a buyer who wants to do a deal at this time, it’s not certain that a deal is in the offing. At any rate, Group Psagot recently announced that Rani Zim was stepping down as chairperson, to be replaced by Daniel Leventhal.
Published by Globes, Israel business news - en.globes.co.il - on November 5, 2023.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.
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5596
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ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The laggards Meanwhile, Harvey Norman (down 4.4 per cent) dropped as it went ex-dividend, weighing on the consumer discretionary sector (down 1 per cent). Wesfarmers (down 0.2 per cent), Lottery Corporation (down 3.6 per cent) and IDP Education (down 1.3 per cent) also fell. Gold miners Evolution (down 3.4 per cent) and Northern Star (down 2.6 per cent), along with NEXTDC (down 2.9 per cent) and REA Group (down 2.7 per cent) were among the biggest large-cap decliners. Healthcare player Resmed (down 2.8 per cent) and lithium miner Liontown Resources (down 2.8 per cent) both bucked the trend among their respective sectors.
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5597
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ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The laggards Meanwhile, Harvey Norman (down 4.4 per cent) dropped as it went ex-dividend, weighing on the consumer discretionary sector (down 1 per cent). Wesfarmers (down 0.2 per cent), Lottery Corporation (down 3.6 per cent) and IDP Education (down 1.3 per cent) also fell. Gold miners Evolution (down 3.4 per cent) and Northern Star (down 2.6 per cent), along with NEXTDC (down 2.9 per cent) and REA Group (down 2.7 per cent) were among the biggest large-cap decliners. Healthcare player Resmed (down 2.8 per cent) and lithium miner Liontown Resources (down 2.8 per cent) both bucked the trend among their respective sectors. The lowdown
Hotter-than-expected inflation data and the prospect of more rate rises in the world’s biggest economy weighed on sentiment in the Australian sharemarket as interest-rate sensitive sectors such as IT and consumer discretionary dragged the index lower on Friday.
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5598
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ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Wesfarmers (down 0.2 per cent), Lottery Corporation (down 3.6 per cent) and IDP Education (down 1.3 per cent) also fell. Gold miners Evolution (down 3.4 per cent) and Northern Star (down 2.6 per cent), along with NEXTDC (down 2.9 per cent) and REA Group (down 2.7 per cent) were among the biggest large-cap decliners. Healthcare player Resmed (down 2.8 per cent) and lithium miner Liontown Resources (down 2.8 per cent) both bucked the trend among their respective sectors. The lowdown
Hotter-than-expected inflation data and the prospect of more rate rises in the world’s biggest economy weighed on sentiment in the Australian sharemarket as interest-rate sensitive sectors such as IT and consumer discretionary dragged the index lower on Friday. While commodity prices boosted iron ore players, company specific news was behind some of the biggest swings.
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5599
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ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Gold miners Evolution (down 3.4 per cent) and Northern Star (down 2.6 per cent), along with NEXTDC (down 2.9 per cent) and REA Group (down 2.7 per cent) were among the biggest large-cap decliners. Healthcare player Resmed (down 2.8 per cent) and lithium miner Liontown Resources (down 2.8 per cent) both bucked the trend among their respective sectors. The lowdown
Hotter-than-expected inflation data and the prospect of more rate rises in the world’s biggest economy weighed on sentiment in the Australian sharemarket as interest-rate sensitive sectors such as IT and consumer discretionary dragged the index lower on Friday. While commodity prices boosted iron ore players, company specific news was behind some of the biggest swings. Resmed extended its losses after brokers at RBC downgraded the stock and gold miner Newcrest stepped up after investors approved its merger with US gold mining giant Newmont.
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