The betting market is actively growing, not just in Europe but also in the CIS. Ukraine is one of the largest representatives of the region. Local bookmakers and betting houses that operate under an offshore license are actively developing in Ukraine. Despite the different licenses and origins, players’ requirements for betting companies remain the same: reliability, a broad range of events and prop bets, a user-friendly website, and a variety of withdrawal options.
Official Bookmakers in Ukraine
Bookmaking in the country has been developing since independence. Many things have happened during this time. Until 2009, bookmakers had betting shops only in big cities. Then they went online, since the gambling business, including bookmaking, was banned. Most local bookmakers nowadays are either state monopolies or operate under franchises of the best Russian and European bookmakers. Favbet Ukraine, one of the largest bookmakers in the region, operates under a Russian franchise. The network includes over 600 betting shops, and the franchise belongs to the Russian bookmaker Favbet. The same is true for 1xBet, which is actively developing online, while their betting shops can be found only in big cities. The rest of the legal betting houses are owned by the Sportliga and Favorit Sport state lotteries.
Best Online Bookmakers in Ukraine
The Verkhovna Rada of Ukraine is considering changes in the legislation regulating bookmaking. Until new laws are adopted, almost all online bookmakers in Ukraine are registered as offshore companies and operate under franchises of Russian or international bookmakers. These include, among many others:
The most well-known bookmaker in Ukraine is FavBet. It is the official sponsor of the Ukrainian First League. Along with its wide network of betting shops, the bookmaker is actively developing online. It is worth noting that FavBet is one of the few bookmakers accepting bets in UAH. Other popular market players include 1xBet, Marathonbet, and PariMatch. The latter two only accept bets online. The bookmakers are distinguished by a broad selection of events, large choice of prop bets, high odds, and accessibility. Not all bookmaker websites are accessible in the country, but you can bypass the ban and account blocking using numerous working mirrors that provide access to their website and your personal account.
Most Reliable Bookmakers
The most reliable bookmakers are the legal betting companies Sportliga and Favorit. Both operate legally in Ukraine and are owned by state lotteries, but offer limited functionality. Sportliga is known to not offer the widest choice of bets and gives low odds. Favorit seems more attractive than Sportliga, and it offers a wide range of deposit and withdrawal methods. The most popular among foreign bookmakers are PariMatch, LeonBets, William Hill, PlanetOfBets, Sportingbet, and Unibet. International bookmakers can offer a broad selection of sports events, high odds, and a long history, which makes them more reliable. The current legislation discourages the development of the bookmaking business. The choice of bets at betting shops is rather limited, so most players use the Internet to access numerous domestic, Russian, and international websites.
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