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The Best Swedish Betting Sites for 2024

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Since the state-owned Svenska Spel’s monopoly ended at the beginning of 2019, online gambling in Sweden has exploded in popularity. Now that you have more options than ever before, we thought it would be a good time to bring you an honest and updated list of the best Swedish betting sites.

Best Sports Betting Sites for Swedish Bettors 2024

4.5/5
Rated by 267 users
Claimed by 493 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 424 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 340 people this week
100% Up to $1000 + $25 casino chip
Terms and conditions: Terms and Conditions apply. – Terms apply
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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 370 people this week
50% Up To $1000
Terms and conditions: Terms and Conditions apply. – Terms apply
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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 286 people this week
50% Up to $250
Terms and conditions: Terms and Conditions apply. – Terms apply
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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 192 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 Sweden

Is Online Betting Legal in Sweden?

Yes, it is! In the last couple of years, there’s been a tremendous change in the legality of online sports betting in Sweden. Before 2019, the Swedish state had a monopoly, with Svenska Spel functioning as the only legal operator. Under pressure from the EU, the rules changed on 1 January 2019 to allow competition from Swedish and international operators.

Licensed betting sites in Sweden must adhere to the following rules:

  • Sites must accept payments in Swedish Krona
  • Customers can only claim one bonus
  • Underage gambling (under 18) is strictly prohibited

Popular Payment Methods at Swedish Betting Sites

The best betting sites in Sweden offer local bettors a wide range of secure, quick, and convenient deposit options. Even inexperienced bettors will have no trouble funding an account.

Because of the robust licensing laws in the country, local gambling sites can guarantee that deposited funds are protected, and procedures are in place to ensure that withdrawal requests are dealt with quickly. Customers simply visit the banking section of their chosen site, select a deposit method that suits their circumstances, and follow the on-screen instructions to transfer the funds.

Some options you can choose from include:

BankID

BankID

Under local laws, Swedish sports betting sites must offer BankID as a payment method. Customers using this option need to provide their national identification number and security code. Anyone with an account at Handelsbanken, SEB, Swedbank, SkandiaBanken, Länsförsäkringar Bank, Danske Bank, Sparbanken Finn, Sparbanken Gripen and Ikano Bank can ask for their unique BankID and fund their betting account.

Credit and Debit Cards

Credit and Debit Cards

Perhaps the most popular options for depositing funds at online gambling sites worldwide, credit and debit cards, such as Visa and MasterCard, are also popular at Swedish betting sites. They offer virtually instantaneous transfers of funds, while withdrawals can be returned securely to the same card used to make the deposits. Most people have access to a card, and of course, they can be used at almost any physical or online merchant.

E-Wallets

E-Wallets

Many of the best betting sites in Sweden accept e-wallets for depositing and withdrawing money. Customers hold funds in an e-wallet account and can quickly move the money from a bank account to an online gambling site, or other merchant. Some of the biggest names in the e-wallet business include PayPal, Skrill, and NETELLER, but many others are available.

Trustly

Trustly

Trustly allows customers to transfer funds directly from a bank account to bet at Sweden sites. It’s a local company and now used in over 30 countries. Customers select Trustly from the cashier section at their chosen site and fill out a straightforward form. Once completed, the funds are available almost immediately.

Sweden men's national ice hockey team

The Most Popular Sports for Betting in Sweden

Like many countries around the world, by far the most popular sport in Sweden is football, with the national team having an outstanding history in the World Cup, and local teams such as Malmo, AIK, and IFK Goteborg among the thousands of clubs currently active across the nation.

But Swedish citizens enjoy watching, and betting on, a broad range of sports. Here’s a look at some of the most popular in the country, although these are just a few of the many sports covered by the top online betting sites.

Football

Football

While the national side has never won the World Cup, they have been finalists against Brazil in 1958 and came third in 1950 and 1994. Within the country, the 32 teams in the Allsvenskan and Superettan leagues compete for the Svenska Cupen, and Swedish betting sites cover these fixtures in full. Lower league games are also featured, and of course, the biggest tournaments take center stage throughout their runs.

The betting options for Swedish football fans are endless. They include both teams to score, half-time and final scores, number of corners taken, over/under, no score bets, and many more.

Ice Hockey

Ice Hockey

The Svenska hockeyligan, or Swedish Hockey League (SHL), is one of the biggest in Europe, with 14 teams and thousands of fans at each match. The second tier HockeyAllsvenskan league also gets extensive coverage at the top Swedish sports betting sites, giving customers plenty of chances to bet on their favourite teams.

It’s the most popular winter sport in the country, although the modern game started out in Canada, in 1875. Sweden is one of the ‘big six’ ice hockey nations, with the national team becoming the first (and so far, only) team to win the World Championships and Olympics, having achieved the feat in 2006.

Bandy

Bandy

Although bandy can trace its roots back to England, where the game was first played in 1813, it’s become far more popular in Scandinavia. Governed by the Svenska Bandyförbundet, bandy is a hugely popular sport across Sweden, with top teams such as Hammarby IF or IK Tellus attracting enormous crowds, even in the middle of winter.

It’s easy to see why this fast-paced fusion of field hockey and ice hockey has become so popular. FinlandNorwayDenmark, and Russia are the other main Bandy-playing nations, and the best Swedish betting sites cover all the main leagues in full.

Handball

Handball

Played indoors, handball has over 27 million registered players across the world, but it’s in northern Europe where the game has found real popularity. In Sweden, the Svenska Handbollförbundet (SHF) oversees the leagues, with the 14-team Handbollsligan receiving extensive coverage at Scandinavian bookmakers.

Handball is another action-packed game where scores can easily run into double figures over the two 30-minute halves of a game. It’s a popular sport for live betting, with plenty of options such as over/under, favourites/outsiders, and spread bets all available.

Under coach Bengt Johansson, the Swedish national Handball team became one of the greatest in the history of the sport, qualifying for a record-breaking eight finals in a row between 1996 and 2002.

Golf

Golf

With over 500 courses across the country, it’s no surprise to find that golf is one of the top sports in Sweden. There are over 530,000 registered players and it’s watched by millions more at tournaments and on TV, cheering on local stars such as Henrik Stenson and Robert Karlsson.

Swedish betting sites offer full coverage of all the major tournaments in the country, and across the globe, giving customers a great selection of betting markets, including first round leader, top 10 finishers, and tournament winner.

Esports

Esports

Esports events from around the world are popular with Swedish gamblers. The earliest known video game contest took place as far back as 1972, at Stanford University, but betting on esports is still a relatively new phenomenon.

Popular franchises such as League of Legends World Championship, the Evolution Championship Series, and Overwatch League receive extensive coverage at Swedish sports betting sites. A huge selection of markets is available, with CS:GO betting options including match winner, round winner, and even how many maps will be used in the course of a game.

Wooden gavel and flag of Sweden

The History of Sports Betting in Sweden

According to ancient legend, in the 11th century, a game of dice decided the outcome of a war between Sweden and Norway. Whether this is true remains unclear, but it shows that gambling is nothing new in the country.

We’ll now look at some major milestones in the history of online betting in Sweden, such as the 1994 Lotteries Act and 1999 Casinos Act, and then see how things now stand.

The 1994 Lotteries Act

This Act gives the Gaming Board of Sweden authorisation to issue licenses for lotteries, bingo, gaming machines, real money guessing games, roulette, dice, and card games.

It specifically made it illegal to promote foreign lotteries, and ensured that only the Swedish state, or non-profit charities, could provide lottery games. Gambling on horse racing could only be provided through government-approved operators.

The 1999 Casinos Act

This Act covered the operation of land-based casinos, and regulated any premises that provided roulette, dice, cards, and similar games. These Swedish betting sites were all controlled by the state owned Svenska Spel.

Amendment to the Lotteries Act

Online gambling arrived late in Sweden, with a 2002 amendment to the 1994 Lotteries Act allowing citizens to play games and lotteries via the internet. However, Svenska Spel remained the only official provider of online betting in Sweden.

Process of Re-Regulation

Under pressure from the EU, the Swedish government has reluctantly relaxed the gambling laws.

Swedish citizens had been using foreign sites anyway, which was harming the tax revenues. It’s estimated that by the end of 2018, private operators had almost 30% of the $2.5 billion local market, so it’s clear that something had to change. On 1 January 2019, a new Gambling Act came into force. Operators could apply for licenses from 2017, and these requests were processed throughout 2018.

The new arrangement allows foreign operators to provide sports betting and casino games to Swedish citizens while still allowing the government to collect taxes and keep watch on a properly regulated market. In some areas, notably land-based casinos, the state-owned Svenska Spel is still the dominant force, but online sports betting is now a much more open, regulated market.

Features of Sports Betting Sites in Sweden

Important features of the current online gambling rules include restricting play to over 18’s only, not extending credit to customers, ensuring a high level of security, and acting quickly when signs of problem gambling arise. Only licensed operators can advertise in the country, and the gambling authority has the power to block transactions between residents and unregulated sites.

It provides an excellent level of safety and security for Swedish gamblers, who can now enjoy sports betting from a variety of operators. Now that Svenska Spel no longer operates as a monopoly, players can choose the best sites with the most extensive sports coverage.

Claimed by 493 people this week
Get up to €50 in Bet Credits
Terms and conditions: Terms and Conditions apply. – Terms apply

FAQs

What are the best betting sites in Sweden?

We have compiled a list of the best Swedish betting sites, where you can bet on everything from the Allsvenskan and Swedish Hockey League to bandy and esports. Each of our recommended sites offers competitive odds and generous bonuses, so check out our guide to find your ideal site.

What is the best betting app in Sweden?

You can now bet on sports using your mobile phone, with some of the top sites offering their own betting app to make it quick and easy to access each event. We have created a list of the best sports betting apps available to Swedish players to help you get started.

What currency is accepted by Swedish betting sites?

Under Swedish gambling laws, all online sports betting sites must accept SEK. However, that’s not the only currency that players can use, as they also accept Euro.
Q.

Do Swedish bettors have to pay tax on their winnings?

A.
Winnings from sites licensed to operate in Sweden are not taxable. Tax is only paid on winnings made at unlicensed and unregulated sites, so choose from our list of fully authorized online gambling sites and you won’t pay any tax.

About the author

Alan Penny
Alan Penny

Editor-in-Chief

Alan hails from Northern Ireland and is an avid fan of all sports. He has been with us since 2017 and serves as SBO’s Editor-in-Chief. Alan passionately covers everything from the latest regulatory developments across the globe to tips on the latest football matches.