Real money online casinos in Vermont

Can you play real money online casinos in Vermont?

Not at a state-licensed one, because none exists. Vermont's Department of Liquor and Lottery licenses three mobile sportsbooks (opens in a new tab) and runs the lottery, but no Vermont law we found authorizes online slots, blackjack or roulette for real money. The sites that accept Vermont sign-ups are offshore casinos with no US state license.

We won't tell you that playing at them is legal in Vermont, because the state hasn't authorized them. Our records also don't show a Vermont penalty aimed at players, so we don't predict any consequence. The Vermont gambling laws page sets out what the state does and doesn't allow, and the Vermont state guide covers the wider picture.

Offshore means no Vermont regulator to complain to, no state-backed protection of your balance and terms the casino can change. Weigh that before depositing real money.

Licensed Vermont betting vs offshore real money casinos

The clearest way to see the trade-off is to put Vermont's one licensed online product next to an offshore casino.

If sports betting is all you want, Vermont's licensed apps are covered on the Vermont sports betting page. For casino games, our explainer on offshore vs state-licensed casinos goes deeper.

Depositing real money from Vermont: cards, crypto and declines

Silver Oak publishes its deposit limits and fees; Planet 7's site couldn't be read, so its figures come from third-party reviews.

On a $200 card deposit at Silver Oak, a 3–10% fee means $6 to $20 lost before you play, which is why many players use crypto. Card deposits can also be declined outright: many US banks block gambling transactions coded MCC 7995, and federal law (UIGEA) bars gambling businesses from accepting payments tied to unlawful internet gambling. See why casino card deposits get declined.

1. Buy Bitcoin or Litecoin on a US exchange in your own name, and move it to a wallet you control.
2. In the casino cashier, choose the coin and copy the deposit address exactly, or scan the QR code.
3. Send a small test amount first, then the rest once it arrives.
4. Keep the transaction ID and a screenshot of the cashier in case the deposit doesn't show.
5. Decide on a spending limit before you deposit, and don't top up to chase losses.

Our guide on how to deposit with Bitcoin has more detail. Remember that crypto can't usually be reversed, and its price can move while it's in your account.

Withdrawals from real money online casinos in Vermont

Getting money out is slower than putting it in. Silver Oak's banking page (opens in a new tab) lists four payout methods, each capped at $2,500, and its terms add a review period of 7–10 business days before payment, which itself takes 7–10 business days.

Silver Oak's terms and conditions (opens in a new tab) set a weekly limit from $2,500, raised by VIP level, and a monthly limit of $5,000 if your balance is at least 10 times your total deposits, or $10,000 otherwise. They also charge 8% (minimum $4) if you withdraw a deposit you haven't wagered at least once. Details are on our Silver Oak withdrawals page.

Planet 7's figures come only from reviewers, and they conflict. AskGamblers lists a 5–7 day pending period and no weekend cashouts; LCB's Planet 7 review (opens in a new tab) says payouts usually take more than a month. The minimum withdrawal is $50 or $100 depending on the source, and the weekly cap is reported at $2,500. Check the cashier before relying on either.

What real money play costs per hour, in dollars

Every casino game has a built-in house edge, so losses are likely over time. The average cost of a session is simple: total amount staked × house edge. A few examples with published third-party RTP figures:

• Sweet 16 (RTG slot), RTP 96.25%: house edge 3.75%. At $1 a spin and 500 spins an hour, you stake $500, so the average cost is $18.75 an hour.
• European Roulette (RTG), RTP 97.3%: house edge 2.7%. At $5 a spin and 60 spins an hour, you stake $300, so the average cost is $8.10 an hour.
• 777 (RTG slot), RTP 97%: house edge 3%. A $50 budget played at $0.50 a spin is 100 spins, or $50 staked, for an average cost of $1.50, though short sessions swing far above and below that.

These are averages, not predictions. Any one session can lose the whole budget. Our explainer on the house edge and the guide to setting a gambling budget show how to plan around it.

Identity checks before your first payout

Silver Oak's terms say withdrawals are blocked until verification is complete, and they ask for a government photo ID, the front and back of any card used in the last three months, a selfie with your ID and a utility bill from the last three months. Third-party reviews say Planet 7 asks for ID, proof of address and a selfie, emailed to its documents team, with checks taking 0–3 days.

Send these documents early, before you have a balance to withdraw. If your name or address on file doesn't match your ID, fix it with support first. Our guide on how to verify your casino account walks through common rejections.

What can go wrong at offshore casinos

Third-party reviewers flag both casinos for slow payments. LCB gives Silver Oak and Planet 7 "warning" status for slow payouts and poor support, and AskGamblers lists Planet 7 as "terminated" on its platform. Michigan's Gaming Control Board sent cease-and-desist letters to both on April 9, 2025, calling them illegal offshore operators.

• Short dispute windows: Silver Oak's terms require disputes within 3 days of the wager.
• Dormant accounts: Silver Oak treats an account as inactive after 2 years and may delete it after an email notice.
• Changing terms: the casino can change bonus and payout rules, and no Vermont agency reviews them.
• License doubts: Silver Oak names an Anjouan license; reviewers say Planet 7 holds a Costa Rica license or none.

The casino withdrawal delays guide explains how to escalate, and how to file a casino complaint lists the routes that exist without a state regulator.

Taxes on real money casino winnings in Vermont

Winnings from an offshore casino are taxable federal income, just like a sportsbook payout. Under the IRS W-2G instructions (opens in a new tab), a payer reports slot winnings of $2,000 or more for 2026 payments, but offshore casinos may never issue the form. You're still expected to report the income.

Losses are deductible only up to your winnings. From the 2026 tax year, the 2025 federal tax law is reported to cap the deduction at 90% of losses; check current IRS guidance. Vermont's state income tax treatment isn't covered here, so ask a tax professional. The W-2G form and gambling loss deduction pages explain the federal rules.

1. Record each deposit and withdrawal with its date, amount and method.
2. Save cashier screenshots and crypto transaction IDs.
3. Note the dollar value of any crypto when you receive it.
4. Total your winnings and losses for the year before you file.

Legal options for players in Burlington, South Burlington and Colchester

Wherever you are in Vermont, from Burlington to Colchester, the same state rules apply. The state's licensed online products are mobile sports betting (21+) and the lottery. Sweepstakes casinos aren't banned in Vermont according to a third-party tracker, but they aren't real-money casinos in the legal sense they claim; see sweepstakes casinos in Vermont.

Help if real money play stops being fun

Real money gambling should be paid-for entertainment, never a way to make money or cover bills. If you're chasing losses or hiding play, call or text 1-800-MY-RESET (1-800-697-3738), the National Problem Gambling Helpline, or chat through NCPG's help and treatment page (opens in a new tab). Our deposit limits guide shows how to cap spending; Silver Oak's terms list deposit limits, cool-off periods and self-exclusion through live chat.

Real money casino offers shown to Vermont readers

Both casinos below are offshore and not licensed by Vermont or any US state, and Vermont doesn't authorize online casinos. Check the law, and remember the risks: no state regulator, no protection of your balance and slow published payouts. We earn a commission from sign-ups and rank partners commercially.

• Silver Oak Casino: $2,500 Welcome Bonus + 50 Free Spins, via our link (new players, 21+ or 18+ where allowed, terms apply). The casino's own site shows a different package: 100% on each of the first ten deposits up to $10,000 with no free spins, 30x wagering on the offer page but 40x in the terms (60x for blackjack and video poker), no max withdrawal stated, and deposits from $30. Read our Silver Oak review.
• Planet 7 Casino: $2,750 Welcome Bonus + 45 Free Spins, via our link (new players, 21+ or 18+ where allowed, terms apply). Third-party reviews report a 200% match with 30x (bonus + deposit) wagering on slots, a $1,000 max cashout and a $30 card minimum. Read our Planet 7 review.

Bonuses are slot-focused; table games are usually excluded or count less, so check the terms shown at sign-up, which apply over anything here.

21+ (18+ where allowed). Every casino game has a built-in house edge, so over time you should expect to lose what you stake. Set a budget before you play and stop when it’s gone: responsible gambling tools and free help. Gambling problem? Call or text 1-800-MY-RESET (1-800-697-3738).