Best Estonia Bookmakers 2021
Bookmakers in Estonia
The betting market is active not only in Europe but also in the CIS. Estonia is one of the largest representatives of the CIS and Baltic states. Sports betting services are provided by European bookmakers operating under an offshore license issued on the Isle of Man, in Curacao, etc.
Both Internationally licensed Russian and European bookmakers operate in the country. Despite the different licenses and origins, players’ requirements for betting companies remain the same: reliability, a broad range of events and prop bets, and a user-friendly website with a variety of withdrawal options.
Legality of the Bookmaking Business
Bookmaking gained legal status in the country almost immediately after Estonia gained independence. The first law that regulated bookmaking in Estonia was adopted in 1994. Since then, two additional laws have been adopted that completely regulate the gambling business. They are constantly updated, but there is no risk of a betting ban. Regulatory acts include the laws “On Gambling” and “On Gambling Taxation”.
To attain legal status, a bookmaker has to be licensed by the Estonian Tax and Customs Board. Since 2011, bookmakers that only accept bets online can be licensed to operate legally in the country. Before then, only bookmakers with betting shops had legal status.
The winnings of players are not taxed as in the process of obtaining a license, which is renewed every year, and bookmakers pay quite a lot in organizational fees.
Big Legal Bookmakers
Players from Estonia can make bets both at local and foreign bookmakers. A low tax rate, only 5 percent of the turnover, has encouraged most foreign bookmakers to get legal status. The opportunities offered by the common economic space were used by foreign betting houses registered in one of the EU countries.
There are various bookmakers in Estonia, but the most popular are Spordi Ennustus, Bet365, Winner, BetVictor, Optibet, and Olympic. The bookmakers offer high odds, a reliable website, a wide choice of prop bets, and affordable deposit methods. Tough competition and a large number of bookmakers make the choice of a bookmaker difficult. More information on how to choose a reliable bookmaker can be found below.
How to Choose a Bookmaker for Betting
The Bookmaker Expert website presents the best bookmakers that accept players from Estonia. When compiling the ratings, we took into account:
– Possession of a license, in this case, issued in Estonia, or an offshore or EU country.
– The option of opening an account in the national currency.
– Time needed for processing bets and withdrawal requests. It usually takes no more than 12 to 36 hours to process a request and transfer funds. There are bookmakers that provide the instant withdrawal of winnings.
– Availability of customer support and communication methods.
Reviews from real players and the existence of mobile applications are no less important factors when we compile ratings that simplify making bets online.
The main betting currency for players from Estonia is the euro, but a number of bookmakers accept bets in dollars and pounds as well. Players have access to local bookmakers, officially approved foreign bookmakers, and offshore bookmakers that are available through working mirrors.
Bookmaking gained legal status in the country almost immediately after Estonia gained independence.
A low tax rate, only 5 % of the turnover, has encouraged most foreign bookmakers to get legal status.
To attain legal status, a bookmaker has to be licensed by the Estonian Tax and Customs Board.