Vermont online gambling is officially legal as of June 14, 2023, when Governor Phil Scott signed the legislation into law. While no operators are currently live, players in the state can expect up to six VT online gambling sites to launch by January 2024. These will provide online sports gambling options, while online casinos remain prohibited in the state.
We will go through the best online gambling alternatives in Vermont that you can access right now, including sweepstakes casinos and Daily Fantasy Sports (DFS) operators. Moreover, we will present the Vermont sportsbooks that will most likely join the new market. Read below for the full guide to VT gambling online.
List of the Best Gambling Vermont Sites
Vermont online gambling options remain a bit limited as betting operators are still applying for licenses and sorting out the details. However, this doesn’t mean that VT gambling enthusiasts are out of options. The state allows for online sweepstakes casinos and online DFS contests. Check out the top recommendations below.
- Pulsz – Best sweepstakes casino in Vermont, offering 500+ games and a 200% bonus on the first purchase of Gold Coins.
- Stake.us – Top crypto gambling site that comes with a complete range of games, including slots, tables, and live dealer games.
- Funzpoints – Collect tickets by playing the games and then enter jackpot draws for large prizes in Premium Funzpoints.
Best DFS Gambling Sites
- DraftKings – The best and biggest DFS gambling platform in Vermont, offering contests for all the popular sports.
- FanDuel – Leading operator with fantasy sports contests, available for free and at various stakes with matching real money prizes.
- Yahoo! Fantasy – Get $10 site credit by registering and making a first deposit before you access the featured contests.
Affiliate Disclosure: Techopedia may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. However, all our recommendations are unbiased and follow a thorough review process. Players must be a legal gambling age and located in a regulated US gambling state. Gambling can be addictive, please play responsibly.
The Latest Vermont Gambling News
As Vermont online gambling sites are getting ready to launch, interested players should definitely keep track of the latest news. You can find the key updates right here:
- June 27, 2023 – Vermont gambling regulators announce that a first draft of the rules regarding online betting in the state is completed. This puts the launch ahead of schedule and gambling in Vermont may launch before the NFL playoffs.
- June 14, 2023 – Gov. Phil Scott signs the Vermont sports gambling legislation into law, making it legal for licensed operators to offer real money online gambling in the state.
- May 4, 2023 – The Senate approves Bill H127, making gambling in Vermont closer to becoming a reality.
- March 24, 2023 – The Vermont sports gambling bill passes in the House with the backing of the governor.
Upcoming Gambling Brands in Vermont
With up to six sites expected to launch in Vermont, players can look forward to some of the biggest US online gambling brands applying for licenses. Unlike in other states that recently legalized gambling, Vermont has reasonable terms for operators.
Each company must pay $500,000 for a Vermont gambling license, covering the first year. The upcoming annual fee will depend on the number of operators available in the state, ranging from $412,500 (two sites) to $320,833 (six sites).
Moreover, operators will also have to pay at least 20% of the adjusted gross gaming revenue to the Department of Liquor and Lottery. The exact rate will have to be negotiated further depending on how many operators join the online gambling Vermont market.
These are the operators most likely to join the state based on the current Vermont gambling laws:
DraftKings
Since DraftKings Vermont is already available with the DFS platform, it is one of the top contenders for one of the six licenses in the state. DraftKings offers a complete online sportsbook in around 20 states and is widely considered as one of the best gambling sites in the US. Given its very aggressive expansion strategy, we definitely expect to see the DraftKings gambling site in Vermont.
FanDuel
In recent years, the intense battle for supremacy between DraftKings and FanDuel has expanded from DFS to gambling. FanDuel will very likely look to secure a license in Vermont and launch its online sportsbook. The brand is already popular in New England, including in the Green Mountain State for its daily fantasy contests. Plus, FanDuel Vermont should come with a generous bonus for new players.
BetMGM
BetMGM will probably be one of the Vermont online gambling sites to launch from the very start. The renowned operator is already available in 19 states, plus Washington D.C. and Puerto Rico. It is known for offering great coverage of popular sports and leagues, and is also one of the few sites that offer live streaming. Given its modern platform, BetMGM Vermont will have all of the latest features and promos.
Caesars
Caesars is another safe bet for Vermont online gambling. As one of the biggest casino brands in the US, Caesars already has fans in a state that isn’t that far away from New Jersey. Its online gambling product can compete with the other brands covered above and Vermont players will have access to the exclusive Caesars Rewards program once the site goes live.
BetRivers
As we get closer to predicting all of the six Vermont online gambling sites, we start running into some uncertainty. However, BetRivers is in a good position to secure a license given that its online sportsbook ranks highly in other states. It offers in-play betting, live streaming, early cash out, same game parlays, and other features, plus quite a few promotions.
WynnBET
The last expected site for Vermont gambling is WynnBET, at least in our opinion. The operator has had success in multiple states, including Massachusetts, and it is looking to expand its reach in New England. The platform can definitely hold its own against the big brands we mentioned, but may still fall behind in some aspects.
Vermont Online Gambling Summary
Here are the main takeaways from the Vermont sports gambling regulations:
🚀 Launch Date: | Legalized June 14, 2023 Will launch in late 2023 or early 2024 |
👤 Who can play: | 21+ years old and located in the state |
⚖️ Regulator: | Board of Liquor and Lottery |
🎰 Gambling Available: | Online sports gambling, online horse racing gambling, lottery draws, DFS contests, online sweepstakes |
💯 Tax rates: | At least 20% of adjusted gross gaming revenue to the state and an annual fee |
💲 Application fee: | $500,000 for the first year |
🪙 Where taxes go: | Responsible Gaming Special Fund, Vermont Education Fund |
🏆 Top Gambling Brands: | DraftKings, FanDuel, BetMGM |
Reviews of the Best Vermont Gambling Sites for Sweepstakes
To learn more about sweepstakes gaming sites in Vermont and how they work, we will go through detailed reviews of the top three platforms. This way, you can see which one fits your requirements, but also what bonuses you can claim just by signing up. Keep in mind that these are some of the best US sweepstakes casinos that operate on a national level.
1. Pulsz – Popular Online Slot Games with Sweepstakes Prizes
- Payout time: 2-10 days
- Live in state since: 2022
- Land-based partner: N/A
Our Verdict (9.3/10)
Pulsz presents a clean interface that looks great on both desktop computers and mobile devices. The focus here is clearly on slots, with more than 500 options available on the site. These include renowned titles from NetEnt and Relax Gaming, plus more options from Habanero, EvoPlay, and other developers. Additionally, Pulsz also has a few table games, but the list is quite limited.
The resulting collection of slots is enough to compete with real casinos in other states, while still being legal under Vermont gambling laws. Players can bet using free Gold Coins (GC), or switch to Sweepstakes Coins (SC) that can be used to redeem real prizes. New players receive a good amount of Gold Coins upon registration, plus 2.9 SC. While Pulsz doesn’t require a purchase to access the games, customers benefit from a 200% GC bonus plus 30 free SC on the first payment.
Features Overview
- Promotions & Rewards: 8/10
- Desktop Experience: 9/10
- Mobile & App Experience: 10/10
- Registration Process: 9/10
- Payment Methods: 9/10
- Casino: 9/10
- Live Casino: N/A
- Customer Support: 9/10
Top Sign-Up Offer:
Bonus name | Bonus amount | Promo code | Wagering Requirements | Minimum Deposit |
Sign-Up Bonus | 5,000 Gold Coins + 2.9 Sweeps Coins | N/A | 1x | No Deposit |
Pros & Cons:
Pros:
- Weekly promos on Facebook and Instagram
- Can unlock exclusive games with a purchase
- Premium online slots on the gaming site
- Refer-a-friend bonuses of 20 free SC
Cons:
- Processing for prizes can take up to 10 days
2. Stake.us – Massive Raffles Award Free GC and SC Prizes
- Payout time: 2-3 days
- Live in state since: 2022
- Land-based partner: N/A
Our Verdict (9.1/10)
Stake.us provides a social and sweepstakes gaming platform for players in Vermont. The experienced gambling operator keeps a similar lobby and many of the games found on the full site. This means easy access to slot games, table games, Stake originals, and even live dealer games. We found this to be the best range of casino games on any sweepstakes site, making it ideal for VT gambling.
However, Stake.us is not without drawbacks. Players can only deposit using popular crypto coins, which is quite limiting. We would have liked to see credit and debit cards in the cashier, and maybe even Skrill for easier purchases. Even the promotions are different than the norm as Stake.us focuses on large raffles, giveaways, and daily races. There are millions of Gold Coins up for grabs, plus 5,000 SC in drops every week.
Features Overview
- Promotions & Rewards: 8/10
- Desktop Experience: 9/10
- Mobile & App Experience: 9/10
- Registration Process: 10/10
- Payment Methods: 7/10
- Casino: 9/10
- Live Casino: 8.5/10
- Customer Support: 9/10
Top Sign-up Offer:
Bonus name | Bonus amount | Promo code | Wagering Requirements | Minimum Deposit |
Sign-Up Bonus | 100,000 Gold Coins + $30 Stake Cash | N/A | 3x | No Deposit |
Pros & Cons:
Pros:
- Slot battle and daily races with large prizes
- Players can complete challenges for more coins
- Best offering of live dealer tables for social gaming
- More than 350 online slots from Pragmatic Play
Cons:
- Doesn’t accept cards or e-wallets for purchases
3. Funzpoints – Earn Tickets and Enter Jackpot Draws for Big Wins
- Payout time: Up to 1 day
- Live in state since: 2018
- Land-based partner: N/A
Our Verdict (8.6/10)
Funzpoints takes a different approach with the design, compared to the other two casino gambling sites in Vermont covered above. It is more similar to a social platform, using large icons for the games and flashy animations within the lobby. The good news is that the interface allows for quick navigation and players can easily switch between the two modes available.
The Standard Funzpoints mode is for social gaming using Gold Coins, but you can still claim tickets for jackpot draws. Unfortunately, it only has 10 games to start with and will include ads. You must make a purchase to unlock the full library and eliminate ads. The Premium Funzpoints mode is for using the Sweeps Coins equivalent and it has all games, no ads, and more booster games.
Features Overview
- Promotions & Rewards: 9/10
- Desktop Experience: 9/10
- Mobile & App Experience: 9/10
- Registration Process: 9.5/10
- Payment Methods: 8/10
- Casino: 8/10
- Live Casino: N/A
- Customer Support: 7/10
Top Sign-up Offer:
Bonus name | Bonus amount | Promo code | Wagering Requirements | Minimum Deposit |
Sign-Up Bonus | 1,000 Free Funzpoints + 250 Premium Funzpoints ($2.50) | N/A | 1x | No Deposit |
Pros & Cons:
Pros:
- Mystery gifts can award extra prizes for free
- Can earn jackpot tickets from the free FunzWheel
- Easy to redeem Premium Points for real prizes
- Daily jackpot draws for $1,000 prize pools
Cons:
- Only has around 80 games at this time
Reviews of the Best Vermont Gambling Sites for Daily Fantasy
Although Vermont sports gambling isn’t live just yet, players can take part in DFS competitions at the best platforms. Check out the following reviews to learn more and find the perfect fit. You might even get a glimpse of an upcoming sportsbook brand in VT.
1. DraftKings DFS – Industry Leader with New Contests Added Every Day
- Payout time: Up to 2 days
- Live in state since: 2012
- Land-based partner: N/A
Our Verdict (9.1/10)
DraftKings Vermont offers daily fantasy sports contests with real money prizes. It is legally available in the state and ensures perfect safety and security. We like that the site is welcoming for new customers, despite having a massive offering of events across popular sports. You can browse the lobby at the top for contests for NFL, NBA, MLB, PGA, NHL, MMA, soccer, tennis, and more. DraftKings even has fantasy esports.
With more than $10 billion paid in winnings, the renowned operator can definitely be trusted. The DFS section is available on the site and through the DraftKings app, available for Android and iPhone devices. We found the 20% welcome bonus to be a bit difficult to clear seeing that players must spend $25 for every $1 in bonus funds.
Features Overview
- Promotions & Rewards: 8/10
- Desktop Experience: 9.5/10
- Mobile Experience: 10/10
- Registration Process: 8/10
- Payment Methods: 9/10
- Daily Fantasy Contests: 10/10
- Customer Support: 8.5/10
Top Sign-Up Offer:
Bonus name | Bonus amount | Promo code | Wagering Requirements | Minimum Deposit |
Deposit Bonus | 20% Deposit Bonus, up to $500 | N/A | 25x | $5 |
Pros & Cons:
Pros:
- Great mobile app makes it easy to enter contests
- Best offering of fantasy sports and events online
- Fast withdrawals usually completed within 24 hours
- Legal gambling platform available in Vermont
Cons:
- The DFS welcome bonus has a 25x rollover
2. FanDuel – Great Variety of Contests with Prize Pools that can Exceed $2,000,000
- Payout time: Up to 2 days
- Live in state since: 2009
- Land-based partner: N/A
Our Verdict (9.4/10)
FanDuel is a close second to DraftKings when it comes to DFS gambling in Vermont. It also offers a wide range of contests, but focuses mostly on the major leagues in the US. Players can take part in tournaments with buy-ins ranging from free to more than $100. Of course, the prize pools match and can even go over $2,000,000, with the first place getting a $200,000 payout.
We also liked the action for smaller fantasy sports contests, which have fewer players but can still get intense. FanDuel’s head-to-head contests are worth checking out as well since you can test your skills against a single opponent. Lastly, 50/50 contests are probably the most popular as they provide the best chance to win since you only have to be in the top 50% of players.
Features Overview
- Promotions & Rewards: 8/10
- Desktop Experience: 9/10
- Mobile Experience: 9/10
- Registration Process: 9/10
- Payment Methods: 9/10
- Daily Fantasy Contests: 9/10
- Customer Support: 9/10
Top Sign-Up Offer:
Bonus name | Bonus amount | Promo code | Wagering Requirements | Minimum Deposit |
Deposit Bonus | 20% Deposit Bonus, up to $500 | N/A | 1x | $10 |
Pros & Cons:
Pros:
- Has contests for all sports fans and bankrolls
- Easy to claim the fantasy sports sign-up bonus
- Variety of events, including 50/50 and tournaments
- Secure banking for adding and withdrawing funds
Cons:
- Desktop site can be difficult to navigate at times
3. Yahoo! Fantasy – Less Competition for Recreational Players
- Payout time: Up to 2 days
- Live in state since: 2015
- Land-based partner: N/A
Our Verdict (8.2/10)
Yahoo! Daily Fantasy can be a great alternative to the two massive DFS operators in Vermont. While it doesn’t have the same huge offering of contests, it does cover some of the big leagues and caters mostly to casual players. This means smaller entries and an overall lower level of competition. As a result, it is easier to win prizes here, even if the pools aren’t that big when compared to the millions advertised at DraftKings or FanDuel.
The available leagues can depend on the active seasons, but you can usually find contests for MLB, NFL, NBA, NHL, golf, and soccer. Quite a few leagues are free to enter and can still award $5,000 in prizes. Daily fantasy contests have entries of around $10 and regular prizes go up to $2,000 for first place. For something more affordable, we recommend the $0.25 or $1 single games. Furthermore, Yahoo! Fantasy is giving away $10 in site credit on the first deposit.
Features Overview
- Promotions & Rewards: 7/10
- Desktop Experience: 8/10
- Mobile Experience: 9/10
- Registration Process: 8/10
- Payment Methods: 7/10
- Daily Fantasy Contests: 8/10
- Customer Support: 9/10
Top Sign-Up Offer:
Bonus name | Bonus amount | Promo code | Wagering Requirements | Minimum Deposit |
Deposit Bonus | $10 Site Credit | N/A | 1x | $10 |
Pros & Cons:
Pros:
- Offers many cheap contests for popular leagues
- Smaller player pools can make it easier to win
- Free fantasy sports leagues for the major sports
- Can claim a $10 bonus on the first deposit
Cons:
- Doesn’t have the same DFS brand presence in VT
- Smaller offering of contests than the competition
Our rating process allows us to highlight the top sites available in the state. You can learn more about how we review platforms and what makes a good gambling site.
Comparing the Best Vermont Gambling Sites
Site |
Sportsbook |
Racebook |
Esports |
Online Casino |
Poker |
Lottery |
DFS |
Pulsz |
❌ |
❌ |
❌ |
✅ |
✅ |
❌ |
❌ |
Stake.us |
❌ |
❌ |
❌ |
✅ |
✅ |
❌ |
❌ |
Funzpoints |
❌ |
❌ |
❌ |
✅ |
❌ |
❌ |
❌ |
DraftKings |
❌ |
❌ |
❌ |
❌ |
❌ |
❌ |
✅ |
FanDuel |
❌ |
✅ |
❌ |
❌ |
❌ |
❌ |
✅ |
Yahoo! Fantasy |
❌ |
❌ |
❌ |
❌ |
❌ |
❌ |
✅ |
Is Gambling Legal in Vermont?
Yes, Vermont does offer legal gambling in different forms. In June 2023, the state legalized online sportsbooks, although none have launched just yet. It is expected that up to six online sports gambling sites will go live in Vermont before the end of 2023, or in early 2024. These will allow for gambling on a variety of sports and events, with the exception of in-state college teams.
Local sports gambling or casino establishments are not available in Vermont. There are also no horse racing tracks in the state, although online horse race gambling is legal and available through sites like FanDuel Racing (formerly known as TVG) and TwinSpires.
Vermont online gambling options also include daily fantasy sports contests, with the state officially legalizing DFS back in 2017. Moreover, online social and sweepstakes casinos are legal in VT since they don’t use real money for betting, even if they offer casino-style games.
The Vermont Lottery sells tickets for quite a few draws, including Mega Millions and Powerball, on the site and in retail locations. Options here also include instant win tickets known as scratch cards.
When will gambling be made legal in Vermont?
Vermont online sports gambling, while already legal, will probably not be available before Q4 in 2023.
Online casino gambling VT is not in the works, so we can’t accurately predict when it will be legalized. Given the lack of land-based casinos in the state, there doesn’t seem to be a lot of demand for this form of online gambling.
Should Vermont legalize additional forms of gambling after seeing the success in other states, we will update this page with the latest details.
Who can Gamble Online in VT?
Vermont gambling laws state that customers must be at least 18 years old to place real money bets. This applies for the lottery, gambling on horse racing online, and for DFS contests and leagues. Some sweepstakes also impose a minimum gambling limit of 18 years, but other sites require users to be at least 21 years old to sign up.
However, while the minimum gambling age in Vermont is 18 years, online sportsbooks will likely require customers to be 21 years or older to register and place bets. Most operators have this limit, with only a few state exceptions, such as New Hampshire and Wyoming.
Moreover, only players physically located within the state of Vermont will be able to access the online sportsbooks once they go live. Sites require a geolocation plug-in, while mobile apps already have one built in. As a result, if you are 21 years or older and in Vermont, you will soon have access to more online gambling options.
Types of VT Gambling Options Available
Although Vermont is not a state known for its many gambling options, it does provide an average range of possibilities for residents looking to place a few bets. You can find a complete rundown in this table:
TYPE | ALLOWED | Year Legalized |
Land-based casinos | N | N/A |
Land-based sportsbooks | N | N/A |
Online casino sites and apps | N | N/A |
Online betting and apps | Y | 2023 |
Horse racing | Y | 1960 |
DFS | Y | 2017 |
Lottery | Y | 1976 |
Online Poker | N | N/A |
Sports Gambling Sites
Sports gambling sites became legal in Vermont in June 2023. Gov. Phil Scott signed the legislation, called Bill H127, after it went through the House and the Senate. A total of six online gambling sites will be allowed in the state. The Department of Liquor and Lottery is in charge of licensing operators and ensuring that they comply with the local gambling laws. The sites are allowed to offer gambling on a complete range of sports, including college sports. However, bets on local college teams are prohibited.
Horse Gambling Sites
Despite the fact that there aren’t any horse racing tracks in Vermont, players can still place bets online on US-licensed sites, like FanDuel Racing and TwinSpires. These provide gambling options for horse races taking place throughout the country and for international events.
Esports Gambling Sites
Gambling on esports will be available once the licensed sportsbooks launch in Vermont. Based on the big operators in other states, we expect to see quite a few markets for CS:GO gambling, Dota 2, League of Legends, and other esports titles. Right now, you can check out DraftKings Vermont for esports fantasy contests across the mentioned games and more.
Casino Gambling Sites
It doesn’t seem like Vermont will look to expand its regulated online gambling market to include casino gaming anytime soon. Luckily, players can still access sweepstakes and social casinos if they want to play games like slots, blackjack, roulette, and casino poker. With some sites even offering live dealer games, these are the best alternatives to casino gambling sites in VT. Plus, sweepstakes casinos allow you to redeem real prizes by using Sweeps Coins.
DFS Gambling Sites
Both DraftKings and FanDuel offer daily fantasy sports contests and leagues in Vermont. In fact, VT is one of the few states that officially legalized DFS gambling sites, while most other jurisdictions don’t have any solid legislation in place. This means that players in the Green Mountain State can enjoy the best options safely and securely without having to worry about breaking any Vermont gambling laws.
Poker Gambling Sites
Real money online poker is only legal in a few states and Vermont is not one of them. This isn’t likely to change in the near future as the regulators don’t show any interest in legalizing online poker. The alternatives for poker players are casino games at sites like Stake.us. These options are played against the house and not against real players.
Lottery Gambling Sites
The Vermont Lottery was established in 1977, after a referendum in 1976 made lottery draws legal in the state. Available in retail locations and on the site, the Vermont Lottery sells tickets for multiple draws, like the Powerball, Mega Millions, MegaBucks, Gimme 5, Pick 3, Pick 4, and Fast Play. It also has instant lottery tickets of different types.
Politics Gambling Sites
Politics gambling in Vermont is not available. Given the fact that gambling real money on political events taking place in the country is prohibited, players should not expect to find markets on licensed sportsbooks.
How to Sign Up to a Gambling Site in Vermont
Signing up is very simple, especially if you are interested in sweepstakes casino gambling in Vermont. For this example, we will go through the registration process at DraftKings for DFS since the brand will likely be among the first to also offer online sports gambling in the state.
1. Go to the Gambling Site
To start, simply visit DraftKings from your computer or mobile device of choice. You can do this by clicking on the review button to go directly to the right section.
2. Create a New Account
Once on the site, click the “Sign Up Now” button in the promotional banner or the one located in the top right corner. A registration form will appear and you will need to provide the required details across the three pages.
3. Deposit Money to the Account
DraftKings provides a wide range of payment methods, but some can depend on the product. Once it launches sports betting, you can find more options in the cashier. After logging in, choose the preferred method and add funds to the account.
4. Start Gambling in Vermont
With money in the balance, you can now start gambling. Browse the available fantasy contests and leagues and join the ones you prefer. Make sure to check the entry fee and the requirements to win prizes.
5. Withdraw Winnings
You can withdraw your Vermont online gambling winnings with ease from any of the featured platforms. These are trustworthy and secure, with DraftKings offering a great range of banking methods with fast processing for withdrawals.
Gambling Bonuses Available at Vermont
Here, we will go through the most popular Vermont gambling bonuses that are available right now and also the ones that will be available once the new sites launch. These offers can provide extra funds or other perks that can increase your profits. Learn how each type of bonuses works to make the most of every deal that comes your way.
- Welcome Bonuses: These are offers that target new players and have the role of welcoming them to the platform. Most bonuses here are appealing and higher than the standard deals available after that. Can include extra credits, free coins, and other rewards.
- Deposit Match Bonuses: When claiming a deposit match bonus for gambling in VT, you receive extra bonus funds based on how much you deposit, up to a limit. The percentage can also vary, usually from 20% to 100%, but this will depend on the site.
- On-going Promotions: The top gambling sites will have various promotions meant to reward active players. These can be contests without an entry fee, coin bundles for sweepstakes, extra bets, parlay boosts, special insurance on bets, and more, depending on the platform.
- Bonus Bets: Available on online gambling sites, bonus bets give users the opportunity to place wagers without spending any of their funds. Here, if your bet wins, you receive the profits without the initial bonus bet amount.
- Loyalty Bonuses: We expect the top Vermont online gambling sites to have loyalty programs with extra bonuses for frequent players. In general, users earn comp points when placing real money bets and can then redeem their points for bonus credits.
Payment Methods Available at VT Gambling Sites
The payment methods available for Vermont online gambling are also very important. While these can depend on the site, we expect the best payment methods with some of the biggest brands coming to the state. You can determine the right banking option for you based on your personal preferences after learning about the top picks.
- Bank Cards: Credit and debit cards are the most popular payment option for online gambling in Vermont. They are accepted at the different types of sites in the state and allow for simple deposits since players already know how they work and how to use them online.
- E-Wallets: While e-wallets require some extra preparations, they can be great for instant deposits and fast withdrawals. Top sites can accept PayPal, Apple Pay, Skrill, and other options. However, you will have to sign up for your e-wallet account and then add funds to it using another method.
- Prepaid Cards: Vouchers and cards from Paysafecard or other prepaid operators provide an extra layer of security since you don’t have to share any personal details when depositing. Moreover, the big gambling brands in the US have their own Play+ cards for fast transactions.
- Wire Transfer: A bank wire transfer is best suited for high rollers who deposit a large amount and for lucky customers after a massive win. While wire transfers often have higher minimum limits, they also support larger transactions that can even exceed $100,000.
- Online Banking: Online banking service providers, like Trustly, can offer faster processing time for bank transfers. Plus, you don’t have to enter any card details since you can complete the transfer from the app without any worries.
- Casino Cage Cashier: Although popular in other states with legal online gambling, we don’t expect this to be an option in Vermont. Since there are no Vermont casinos or retail sportsbooks, online operators don’t require land-based partners.
Who Regulates Gambling in VT?
The Vermont Department of Liquor and Lottery regulates online gambling. As the name suggests, it is also in charge of the Vermont Lottery. The department was created in 2018, after the General Assembly passed the legislature H.7 (Act 1) during a special session.
The Department of Liquor and Lottery has released a series of amendments for the Vermont gambling laws. These include a taxing structure in which operators are required to pay an annual fee based on the number of live sites in the state:
- For two operators: $412,500 each
- For three operators: $366,666 each
- For four operators: $343,750 each
- For five operators: $330,000 each
- For six operators: $320,833 each
In addition to these fees, the operators will also have to pay at least 20% of the adjusted gross gaming revenue in the state. Some of the other rules give the DLL the authority to limit how much advertising operators are allowed to do for gambling. The use of “free” or “risk free” bets will not be allowed in promotional materials.
Tax on Gambling Winnings in Vermont
For Vermont online gambling players, the laws impose a 6% tax if they are residents of the state, and a 7.25% tax for out-of-state gamblers. On top of this, players will also pay a federal income tax of at least 24%, depending on their annual income bracket.
Overall, this tax on gambling winnings was designed to encourage players since the 6% tax is better than the standard 8.25% income tax in Vermont. It also makes VT a more profitable state when compared to other states in the region with higher income tax rates, like New York, New Jersey, and Massachusetts. Granted, Pennsylvania’s flat 3.07% income tax rate is hard to beat.
Vermont Gambling Apps & Mobile Sites
Players have access to the best Vermont online gambling apps for sweepstakes and fantasy sports right now. Moreover, the upcoming operators will very likely also support mobile gambling given their offering in other states. With mobile sites and Vermont betting apps, users can access their accounts and gamble from anywhere within the state. The options, bonuses, and even banking methods remain the same.
You can now play the best games at sweepstakes casinos in Vermont from your iPhone or Android device. The recommended platforms don’t require any downloads as you can simply visit the site to play. As for mobile DFS, both DraftKings and FanDuel have great mobile gambling apps that are available on the Google Play Store and on the Apple App Store.
Gambling Sites vs Land-Based Gambling in Vermont
Land-based gambling in Vermont is very limited. You can only buy lottery tickets from retail locations. There are no retail sportsbooks or Vermont casinos. It is the third state in the nation to legalize online-only gambling on sports, after Tennessee and Wyoming. As a result, online sites have clear advantages when it comes to gambling in the Green Mountain State.
Pros:
- More variety in the available gambling options
- Instant access to different operators and platforms
- Don’t require residents to go out of state to play
- Available on iOS and Android mobile devices
- Access to bonuses and promotions for rewards
Cons:
- Can take some time to get used to the sites
- Withdrawing winnings can take a few days
How Vermont Gambling Compares to its Neighboring States
Vermont definitely has some competition from the neighboring states when it comes to online gambling. To the west, New York gambling makes it the biggest sports betting state in the nation if we look at the monthly handle, taking in more than $1.5 billion in April 2023. Here, FanDuel and DraftKings are in a close fight for the top spot.
To the east, the situation is quite different. New Hampshire legalized sports betting in 2019, for both retail and online gambling. However, it only has one operator for both segments as DraftKings is enjoying a monopoly right now after agreeing to pay 51% of its gross gaming revenue in the state to the New Hampshire Lottery.
In the south, Massachusetts online gambling went live in January 2023. There are now multiple sites and betting apps available, including DraftKings, FanDuel, BetMGM, WynnBET, and Caesars.
Gambling Locations in VT
Unfortunately, there are no land-based locations in the state. Players don’t have a Vermont casino where they can play different types of games for real money. The only retail gambling locations are the lottery shops, which sell tickets for different draws and also instant win games.
Best Gambling Site in Vermont
DraftKings is the best gambling site in Vermont right now as it offers an impressive range of fantasy sports contests and leagues. It is also one of the biggest sports gambling brands in the nation and will surely launch a complete online sportsbook in Vermont soon. DraftKings offers simple and secure banking and new players can claim a 20% bonus for DFS.
For players more interested in Vermont casino sites, we recommend Pulsz and Stake.us. These are sweepstakes gambling sites that are legal in the state and offer hundreds of legitimate games. Moreover, you can use your Sweepstakes Coins to claim real money prizes and enjoy your success from the spinning reels.
While DraftKings does have its own casino platform, this will not be available in VT due to local regulations. You can create your account with DraftKings Vermont right now and take part in some free contests with real money prizes.
Our rating/verdict: | 9.1/10 |
Accessible via: | iOS, Android, Desktop App |
Fantasy Sports: | 14 |
Welcome Offer: | 20% up to $500 |
Top Pros: | ✔️ Contests for all the popular sports in Vermont. ✔️ Convenient banking methods for quick transactions. ✔️ Special events with free entry and large prize pools. |
Cons: |
❌ Welcome bonus not released all at once. |