OlyBet
Payouts: within 24 hours with PayPal. Not licensed in United States.
OlyBet is the Estonian bookmaker of Olympic Entertainment Group, licensed in Estonia, Latvia, Lithuania, Spain and France. It is a top-3 online brand in the Baltics with sportsbook, casino and poker; Lithuania's regulator fined it twice in 2025–26 over AML failures.
Pros and cons
Pros
- Licensed in five EU markets: Estonia, Latvia, Lithuania, Spain and France
- Top-3 online brand in the Baltics, backed by Olympic Casino's land-based network
- Sportsbook, casino and poker in one account in the Baltics
- Official betting partner of DP World Tour, WST, NHL (Baltics) and EuroLeague
- Cash outCash outSettling your bet before the event is over, for an amount the bookmaker offers at that moment. Useful to lock in some profit or cut a loss. In the glossary →, same-game bet builderSame game parlaySeveral picks from the same match combined into one bet, such as a goalscorer plus the total of goals. The bookmaker prices the combination itself. In the glossary → and free streaming for registered players
Cons
- Lithuanian regulator fines: €8.4m (2025, under appeal) and €468k (2026) over AML and player-protection failures
- Spanish and French sites have far fewer markets than the big international books
- Payment methods and withdrawal times differ by country
- No welcome offerWelcome offerThe bonus a bookmaker gives new customers, often free bets or a match on the first deposit. Always read the wagering, minimum odds and expiry first. In the glossary → found for the Baltic sites
Trust Score 7.6
Worked out the same way for every bookmaker, from the facts on this page. Some checks are still pending; until they are done they count low, so missing facts never lift a score.
- Licence9.0 DGOJ, ANJ
- Payout speed8.0 Within 24 hours with PayPal
- Payment choice8.5 4 of 5 kinds: cards, e-wallets, bank, local methods
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Bonus terms–
Not checked yet.
- Betting features8.6 6 of 7 key features
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Safer gambling–
Not checked yet: counts as 2.0 until it is.
Paid placement never changes a score. How we score
Features
Products
- Casino: yes
- Poker: yes
Betting
- Live betting: yes
- Live streaming: yes
- Cash out: yes
- Bet builder: yes
- iOS app: yes
- Android app: yes
Not checked yet: Live casino, Esports, Virtual sports, Crypto payments, Deposit limits, Time-out, Self-exclusion
Countries
OlyBet operates in 5 countries.
Available in these countries5
Estonia
France
Latvia
Lithuania
Spain
Company and licences
- Licences
- Dirección General de Ordenación del Juego (Spain), Autorité Nationale des Jeux (France), Maksu- ja Tolliamet (Estonia), Valsts ieņēmumu dienests (Latvia; IAUI until March 2026), Lošimų priežiūros tarnyba (Lithuania)
- Group
- Olympic Entertainment Group
- Founded
- 2013