OlyBet Sportsbook Review

OlyBet is fully licensed and regulated in Estonia, ensuring that all betting activities comply with strict local laws. This makes the platform one of the most secure and trustworthy in the region. Player funds and personal data are safeguarded with advanced encryption technology, and transparent operations build confidence among users.

The operator also supports responsible gaming with tools such as deposit and loss limits, time tracking, and self-exclusion options. These measures underline OlyBet's commitment to offering a safe betting environment.

• Operator: OB Holding 1 OÜ

• Registration Code: 14975047

• Registered Address: Pronksi tn 19, 10124 Tallinn, Estonia

• Licences:

  • HKL000339 – gambling permit

  • HKL000340 – gambling permit

  • HKT000049 – sports betting licence

  • HKT000050 – sports betting licence

These licences are issued by the Estonian Tax and Customs Board and confirm that OlyBet operates legally and transparently within Estonia.

OlyBet's Terms and Conditions clearly define the rules for using the platform.

• Minimum age for participation is 18 years.

• KYC verification is mandatory before withdrawals.

• Betting rules cover settlement of postponed or cancelled events, stake limits, and odds requirements.

• Bonus terms outline wagering requirements, minimum qualifying odds, and restrictions on bet types.

• Multi-accounting, fraud, and abuse of promotions are strictly prohibited.

These policies ensure fairness for both players and the operator.

OlyBet has an established reputation in Estonia and the wider Baltic region, with relatively few serious disputes. Most complaints reported by players concern bonus terms or delays in verification, which are typical across the industry. Thanks to Estonian regulation, any unresolved issues can be escalated to the national regulator, providing an extra layer of protection.

Players often highlight OlyBet's strong reputation, user-friendly platform, and wide coverage of popular sports. The live betting section is noted for stability, competitive odds, and good coverage of local leagues, which adds to its appeal in Estonia.

On the other hand, some users feel that OlyBet's promotions for sports bettors are not as extensive as those offered by international giants. Others mention that the interface, while modern, may appear slightly busy for beginners. Overall, however, OlyBet enjoys consistently positive ratings.

OlyBet supports popular local and international payment methods.

Available options include:

• Bank transfers via Swedbank, SEB, LHV, and other Estonian banks

• Trustly for fast deposits and withdrawals

• Visa and Mastercard

• E-wallets such as Skrill and Neteller

Withdrawals are generally processed within 24 hours once verification is complete. Bank transfers may take 1–3 business days depending on the bank. The minimum withdrawal amount is usually €10. For larger payouts, players may be asked to provide additional documentation, in line with AML regulations.

OlyBet offers a range of bonuses and promotions tailored to both new and existing customers. Common offers include welcome bonuses in the form of free bets, odds boosts on selected matches, accumulator specials, and seasonal promotions tied to major events like the Champions League or NBA playoffs.

While the promotions are appealing, some players note that international competitors often provide more frequent sportsbook-specific offers. Nevertheless, OlyBet's campaigns remain popular among local bettors.