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Gambling and Sports Betting in Estonia

In this guide to online sports betting in Estonia, you can first find an overview of the growth of the industry within the country. Then online sports betting in Estonia is covered along with the taxation you could be liable for. After this, the accessibility of online sites for Estonian residents is covered followed by thoughts about possible changes in the future.

Betting Sites in Estonia – April 2024

4.5/5
Rated by 413 users
Claimed by 493 people this week
Get 100% Up To $500
Terms and conditions: The bonus code is only valid for a new customer's first deposit and must be redeemed immediately after the deposit and before a wager has been placed. The sum of the deposit and the bonus are subject to rollover requirements of 8x at min. odds of -200 (1.5) before a new bonus can be redeemed or a withdrawal can be made. Max. $1000 of each bet count towards the rollover requirements. Terms and Conditions apply. – Terms apply
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Payment Options

VISA
Master Card
Bank Transfer
Neteller
Paysafecard
Skrill
Bitcoin
+5

Average Payout Speed

0 – 24 Hours

Currencies

  • AUD
  • CAD
  • USD
  • Competitive sign-up and promotional offers
  • Excellent statistics section to aid customers
  • Pain-free deposit options
  • Accepts both high and low limit bettors
  • Lengthy and expensive withdrawal procedure
4.5/5
Rated by 267 users
Claimed by 424 people this week
125% up to $3,125
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

VISA
Master Card
Bitcoin
American Express
Moneygram
Ethereum
Litecoin

Average Payout Speed

0 – 24 Hours

Currencies

  • BTC
  • LTC
  • ETH
  • Premier destination for US bettors
  • Racebook covering daily races
  • Esports and virtual sports markets
  • In-depth sports stats and tips
  • Intuitive live betting markets
  • Limited withdrawal options
4.57/5
Rated by 413 users
Claimed by 340 people this week
100% Up To $1000
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Bitcoin
BitcoinCash
Master Card
Person to Person
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • LTC
  • USD
  • Generous bonuses and promotions
  • Great range of betting markets
  • Extensive racebook
  • Very good customer service
  • Only a few withdrawal options
  • Fees for withdrawing funds
4.62/5
Rated by 413 users
Claimed by 370 people this week
100% Up to $1000 + $25 casino chip
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

VISA
Master Card
Bitcoin

Average Payout Speed

0 – 24 Hours

Currencies

  • BTC
  • Trusted by publications such as ESPN
  • Access a dedicated racing section
  • Crypto-friendly sportsbook
  • Adjust odds format and time zone
  • Support options include call back
  • Quite low sportsbook limits
4.5/5
Rated by 413 users
Claimed by 286 people this week
50% Up To $1000
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Bank Wire
Bitcoin
Cheque
Discover
Master Card
Neteller
Skrill
+1

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • Accepts players from all over the world
  • Known for their live betting offers
  • Lots of secure banking options
  • Great bonuses and promotions
  • High fees for some deposit options
  • Support agents are often slow to reply
4.5/5
Rated by 313 users
Claimed by 192 people this week
50% Up to $250
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Amex
Bitcoin
Master Card
Rapidtransfer
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • BTC
  • Top-rated US online sportsbook
  • Mobile site for iOS and Android users
  • Diverse range of betting markets
  • Excellent customer support options
  • Lines come out very late in the day
  • Odds not as favorable as other books
4.5/5
Rated by 232 users
Claimed by 177 people this week
15% up to $600
Terms and conditions: Terms and Conditions apply. – Terms apply
Show More Details Show Less Details

Payment Options

Amex
Bank Wire
Bitcoin
Cheque
Master Card
Neteller
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • BPS
  • CAD
  • EUR
  • Popular book that accepts large max bets
  • Huge focus on football and basketball
  • High-spec live in-play platform available
  • Downloadable client for Windows & Mac
  • Odds are not amazing on non-US sports
  • User interface could be improved
Flag of Estonia

Early Regulation

Estonia has quickly become a hot spot for online gambling in the last few years. The country can be found in the Baltic region of northern Europe. With coasts on both the Baltic Sea and the Gulf of Finland, the country is home to 1.3 million people.

Occupied by the Soviet Union for much of the 20th century, Estonia was granted independence in 1991 and became a democratic republic. It joined the EU in 2004 and adopted the Euro as its national currency in 2011.

Under Soviet rule, all forms of gambling were made illegal in Estonia until independence in 1991, although this did not stop a black market of illegal betting. Straight away the new government began to look for ways to regulate and tax the gambling industry, which started with a state lottery in 1994 and was followed by the broader Gambling Act of 1995 [1]. This allowed all forms of gambling and set in place a structure where operators could be licensed.

Sports betting is now a popular pastime for many Estonians. The major bricks and mortar operator is Spordiennustus, a company operated by the Estonia Olympic Committee, which is also responsible for a large percentage of Estonia’s casinos.

Along with fixed odds betting, pari-mutuel betting is popular especially in the horse racing markets, an area which proves to be extremely popular despite only one track existing in Estonia at the Tallinn Hippodrome [2]. They also run Olybet and Olympic Poker two of the most popular gambling sites in Estonia.

Online Sports Betting in Estonia

With no regulation addressing online bookies, Estonia continued to allow foreign companies to offer gambling services to its citizens until further gambling laws were passed in 2008 to add structure to online gaming. This was in response to the worldwide financial crisis and online gaming was seen as a source of income through fees and taxation.

2010 saw the first local websites become licensed and foreign companies blacklisted, although this proved hard to enforce [3]. The option of becoming licensed was extended to international companies in 2011 although take up was slow as a key requirement required the company to be operating servers in Estonia. This was removed in 2012, which along with the low taxation of 5% on revenue resulted in an increase of companies looking to become licensed.

Now there are numerous legal internet betting sites to choose from, both domestic and foreign. This has enabled both the operators and government to gain substantial income from legal sites and allowed Estonian residents to enjoy a wide choice of sites.

Many larger bookmakers licensed elsewhere in Europe have decided EU law should cover their operations and have managed to continue providing their services to Estonia despite blocks.

Betting Is Tax-Free

Like many other EU citizens, Estonians can enjoy their sports betting winnings tax-free, with no need to disclose amounts won on income tax returns. The companies are liable to pay 5% tax on their revenue which is among the lowest rates in the world.

Estonia men's national basketball team

Lots of Betting Options but Few With Estonian Language Support

While the domestic sites fully cater for Estonian customers, most international bookies that accept Estonians do not provide Estonian translations on their sites. If you choose to wager on these you will have to either choose another language you are comfortable with or rely on browser translations. The Euro, on the other hand, is widely accepted as a standard currency on many sites.

You can normally deposit or withdraw via the same methods in Estonia and in the few cases you cannot the site normally provides an alternative means to get your winnings out, normally a check or bank transfer.

Credit or debit cards are the most popular for many people and Visa and MasterCard are widely accepted. Online wallets such as NETeller and Skrill can allow you to make quick payments online with low charges, or you could use a prepaid method like Ukash or Paysafecard.

Bright Future for the Industry in Estonia

While there seems to be little desire from anyone to radically change a current law in Estonia, the current system appears to be working well for all parties, although there are still limitations attempted on unlicensed operators. Larger bookmakers particularly would prefer a situation where they did not have to pay a large license fee to be classed as legal, although restrictions are far less severe than other EU countries.

Proposed amendments which have been discussed focus on keeping the activities safe and protecting problem gamblers. These include a national self-exclusion list and regulation for betting and deposit limits. Many respectable operators provide these as options anyway to help promote themselves as a responsible gambling company [4].

References

[1] Estonia Gambling License – Viaden

[2] Tallinn Hippodrome – Hippodrome.ee

[3] Estonia Creates Online Black List – Calvin Ayre

[4] Amending the Regulation of Online Gambling in Estonia – Sorainen