Rank
Rank 88/100
Olybet
Olybet

Olybet review

Published on August 13, 2021 Last updated on November 12, 2021
Players:
No data about your country
Online Since:
1998
License:
From Finland, Estonia and Latvia
Location:
Stabu iela 18, Rīga, LV-1011, Latvija
Rating:
3.7
Currencies:
EUR
Minimum Deposit:
10€
Withdrawal Speed:
1-3 days
Ratings Breakdown
Overall
74%
Banking
80%
Bonuses
70%
Customer Service
60%
User Interface
82%
Payment Methods
80%

The OlyBet bookmaker company began its activities in 1993 but entered the world bookmaker market only in 2010 when it launched its first online resource on the Internet. Therefore, this year is most often considered the year of the foundation of the company. The OlyBet bookmaker is owned by Olympic Casino Eesti AS, which is the leading gambling organizer in Estonia. This company currently owns 25 casinos in Tallinn, Pärnu, Narva, Tartu, and Jõhvi. It is also worth noting that Olympic Casino is a full member of the European Casino Association and a major sponsor of the Estonian Olympic Committee.

Olympic Casino Eesti AS, in turn, is a subsidiary of Olympic Entertainment Group, which operates in Estonia, Latvia, Lithuania, Belarus, Italy, Poland, Slovakia, and Malta. The shares of this company are traded on the Tallinn Stock Exchange. Using the betting platform of BetConstruct and the gaming products of Microgaming, Playtech, Net Entertainment, and iForium developers, the website of this bookmaker provides users with a wide variety of gambling services, from a bookmaker’s office to online casino and poker services. In this Olybet review, we will look at the main sections of the site, as well as familiarize ourselves with user reviews on the Internet and find out what advantages and disadvantages the company has.

Overall info

Since the bookmaker Olybet is based in Estonia, the main work is done with players from the Estonian market, but the presence of an interface in other languages also attracts players from other countries. However, the Olybet betting company informs that for foreign players who make large bets on unpopular events on the company’s website, the maximum bet will be cut to 20 euros. This rule scares off potential customers from the former CIS countries.

Olybet review

Olybet official site

Olybet history

Since 1993, Olybet has worked only with land-based betting points – the company did not have any activity on the Internet. The popularity of the office increased in 2010 when the online portal Olybet com appeared on the Internet. The owner of the office is Olympic Casino, which is widely known in Estonia, where it organizes gambling. Today the company owns 25 outlets with casinos. The bookmaker’s website operates on the well-known BetConstruct software, and the main audience of the company is made up of players from the Baltic countries.

Bookmaker license

The betting company operates on the Internet under license numbers HKT000001, HKL000180, HKT000020, and HKL000133. Olympic Casino Eesti AS, Pronksi 19, 10124 Tallinn, Eesti.

How to register at Olybet?

To take advantage of all the offers on the Olybet bookmaker’s website, you must go through the mandatory registration procedure on the company’s website. To do this, you need to go to the active button “register” and fill out the form where you need to specify personal information – last name, first name, address, phone number, login, and password, as well as the date of birth. After that, you need to confirm the age of the majority and activate your account via your email address. There is only one offered account currency – the euro. But the company offers several ways of depositing money: bank cards with systems

Visa and Mastercard, Skrill and Neteller payment systems, and bank transfer. The minimum deposit amount is 5 euros and the minimum withdrawal amount is 10 euros. Moreover, you will not have to wait for credit in any of the operations, everything happens instantly.

Registration at Olybet

Registration form

To attract new customers, a welcome bonus is provided in the amount of 100% of the first deposit amount (up to 100 euros). To realize virtual money, you need to wager it 10 times with an odds of 1.6.

In addition, there is an additional bonus for subscribing to news from Olybet. Everyone who receives the newsletter by email participates in the monthly real money draw. Winners can be 5 clients with a choice of € 20 for bets.

Detailed conditions of the promotions can be found in the section with information on the official website of the bookmaker.

Olybet sportsbook review

The Olybet bookmaker website has a traditional design, like many other bookmakers. On the main page, you can find information about betting tools (mobile casino, sports bet, poker, sports bar, etc.), partners, payment methods, links to communities in popular social networks, support service hours, and contacts for contacting operators.

The design is made in white and green shades. However, some of the buttons on the Olybet website are not translated into other languages (for example, Results, Sports Bar, Support, names of teams and athletes).

OlyBet’s website has a nice design. Players can find all kinds of entertainment here, from betting to modern online slot machines and poker. In addition to a wide selection of events and bets, you can also find sections of online match results, statistics, and even news here.

The bookmaker section itself on the site is made standard but has some differences. For example, a list of all sports and competitions in them can be found in the left vertical column, and the selection of matches of interest is organized through a filter by specific dates. The action line for the selected matches is located in the center, and the bet slip is located in the upper right corner of the page. The OlyBet bookmaker also has a mobile version of the site, which is very convenient for many players.

Olybet betting

Bet line

Betting line

Olybet offers 40 sports. This is an impressive amount for the average company. At the same time, you can find not only sports confrontations between rivals and teams but also political, economic, and entertainment events of different countries. The line on the OlyBet bookmaker’s website offers users a huge selection of different disciplines, which is rarely found in the lines of other bookmakers.

Bet line:For example, in addition to the main popular sports, you can also find rare sports here – pesapallo (the Finnish version of baseball), Gaelic football, and sumo. As for the action line on popular events, about 600 or 700 betting options are offered for the matches of all the leading European championships.

Basketball and hockey, popular in the Baltic countries, are also well represented in the bookmaker’s line. Also, much attention is paid to tennis, handball, volleyball, and even horse racing. And from non-sports disciplines, a wide range of proposals for politics, cyber and virtual sports can be distinguished.

Live betting

It is important to note that OlyBet also pays great attention to the live line. Here you can find a large assortment of “Live” events, and a wide action line for many of them. In addition, many online matches are accompanied by interactive statistics that allow players to more accurately analyze the course of fights.

Olybet lv live betting

Live betting

Betting odds

As for the odds on the OlyBet website, they are not at all attractive to players. For example, odds for equally expected opposite outcomes of the same event rarely exceed 1.85 / 1.85. This is a fairly low level when compared to most other bookmakers. However, this disadvantage can be compensated for by a deep lane with a very wide action lane both in the pre-match line and in the “Live” mode.

The company does not offer high odds, even in the TOP tournaments there are only 100-120 markets. Before the match, the bookmaker can raise this indicator to 500.

Margin:Football margins are only 3.5% – much lower than most other companies. Here you can bet on the total, the number of goals scored, and even on the individual merits of the players.

There are other popular competitions that deserve attention: tennis, basketball, volleyball. In them, the level of margin corresponds to other betting companies (from 7 to 11%).

All sports are presented in the Live section, even virtual football. The coefficients change without delay, there are additional signals about the change of indicators in the form of green and red triangles. In the list of proposed events from the Live section, you can find unusually wide action lines for very unpopular meetings. For example, a Scottish Youth Championship match includes 220 markets.

Almost any average player will find something suitable in the proposed options for competitions, championships, and fights.

Olybet casino review

OlyBet Casino carefully cares about the safety of its customers, therefore, it uses all personal data in accordance with data protection laws.

The casino uses the best measures currently available to encrypt the username and password and other confidential information that is provided personally to the client, thus protecting both players and the site itself from possible manipulation attempts by third parties.

OlyBet casino is owned and operated by Olympic Casino Eesti AS. Olympic Casino Eesti AS was founded in accordance with the laws of the Republic of Estonia, fully licensed and regulated to provide online games at the address of the gaming environment.

Olybet Casino

Casino games

Olybet online casino was created in 2010, but then it had a different name – Olympic-Online. The casino creators wanted to create a gaming platform that would provide an opportunity to play safe games with high chances of winning.

In addition, the creators give players the opportunity to receive a bonus for registering in a casino, as well as no deposit bonuses for games.

In the casino, you can also find video poker, blackjack, and other games from well-known world manufacturers – Rabcat, Genesis Gaming, Big Time Gaming (BTG), NetEnt, Microgaming (Quickfire), Quickspin, and others.

License:This casino is registered in Estonia, and not offshore. It operates under license – HKT000001, HKL000180, HKT000020 and HKL000133.

Estonian online casinos respect the confidentiality of their customers and under no circumstances transfer their personal data to third parties.

All casino withdrawals are made very promptly in one of the following ways – Neteller, Skrill, Visa, Bank Transfer. It is also possible to replenish the deposit without any problems and in the same way. Money is withdrawn to electronic systems within 24 – 48 hours, to bank cards – from 3 to 5 days, and to a bank account – from 3 to 7 days.

Olybet  poker room

The poker room Olybet Poker is a poker room from the GGnetwork that accepts players from Latvia, Estonia, and Lithuania, with weakfish from Asian countries.

Olybet Poker is a GGPoker Network Baltic skin available only to users from Estonia, Latvia, and Finland. It is owned by GGNetwork, which offers quality software and offers players more than 50,000 daily entertainment and various cash games. Olybet has its own unique features that make online poker fun, such as SnapCam, dancing pictures of Elki and Negreanu.

Many users are attracted by the $ 2,000 welcome bonus and promotions (worth millions of dollars per month). The poker room’s loyalty program will motivate users to play more hands and move up the career ladder. Regular players enjoy a variety of high stakes and MTT games that guarantee prize pools of up to several million dollars.

For fans of fast poker in the GG network, there are Rush and Cash tables, which can not only be called the fastest type of poker but also give you the opportunity to receive 50% Rakeback in the form of Cash Drops.

Olybet poker

Poker room

How does it work?

  • As you play Rush & Cash, some randomly selected hands will be awarded extra money.
  • Cash drops range from 10 to 500 Antes: small amounts go to the pot to trigger the action, while large ones are added in equal shares directly to the participants’ stacks.
  • This ultimately gives each player a 50% Rakeback.

The poker room has high-quality software that ensures fast and reliable operation of all functions, which is important for multi-tabling players. Moving around the lobby, the player can choose their favorite game format immediately after logging in.

Active promotions and tournament series are displayed in the user’s lobby. All players also have access to My Promo to view the status of promotions. If you want to take a closer look at your stats at the tables and analyze your play history, you can open the PokerCraft feature from the lobby.

Slots

OlyBet offers a variety of online slots from best-in-class providers including Novomatic, NetEnt, Tom Horn, NextGen, Play’n’Go, and many more. There are dozens of amazing, exciting, and profitable online slots available for players on the site at OlyBet.

Live casino

OlyBet offers games from Microgaming, Playtech, Net Entertainment, Bet Construct, and iForium.

Here you will find a wide range of amazing games including Video Slots, Table Games, Video Poker, Roulette, Card Games, Sports, and Live Games.

An important feature of the company’s bonus policy is the provision of good bonuses to customers. For example, all players can get 25 euros for free. When a player signs up for the first time, he makes a deposit in any convenient way. Most often, the client loses his first prematch bet. And if in other casinos this money goes irrevocably, then Olibet compensates the players for losses in the amount of up to 25 euros.

Live Casino Olybet

Live dealers

Customer Service

The OlyBet customer support service provides players with the opportunity to get advice in the online chat, which is available from 09:00 to 00:00. The average response time in a chat is no more than 5 minutes. In general, the players note that the support service works quite efficiently and efficiently. Please note that communication with support operators is carried out only in English or Estonian. Alternatively, you can contact support by email. All contacts are listed on the main page of the site. Before asking your question, you can check the “Frequently Asked Questions” tab – perhaps the answer to your question has already been posted.

Olybet bonuses

BonusHow to get
100% first deposit bonus (top-up with 20, 50 or 100 euros)The company offers its clients different types of bonuses, but the most popular bonus is the 100% first deposit bonus (of the first deposit amount – up to 100 euros). To realize virtual money, you need to wager it 10 times with an odds of 1.6. There are three options: top-up with 20, 50 or 100 euros. Depending on the desired bonus, the player must make a deposit for the appropriate amount and enter the promo code SPORT20, SPORT50, SPORT100.
Bonus for subscribing to news (€ 20 for bets)In addition, there is an additional bonus for subscribing to news from Olybet. Everyone who receives the newsletter by email participates in the monthly real money draw. Winners can be 5 clients with a choice of € 20 for bets.

Deposit and withdrawal

To replenish the deposit or withdraw funds from the account, you can use the popular methods which are available on the bookmaker’s website: bank cards with Mastercard and Visa systems, Skrill, and Neteller electronic payments. The minimum deposit for a gaming account is 5 euros. The minimum amount for withdrawing funds from an account is 10 euros. The company also enables players to use bitcoin.

Users can also increase their daily deposit limit if they have a verified account. After that, you need to write an email to [email protected] with a request to increase the deposit limit.

Special betting options

Olybet Poker has a special player reward option called Fish Buffet. By playing at the tables for real money and filling rake, the player receives special Fish Buffet (FB) points, where 1 FB = $ 0.01 rake.

By accumulating these points, the user increases his VIP status, starting from the starting rank of “Plankton” and up to “Black Shark” and “VIP”. There are 25 different statuses in total, each of which requires a different number of points, as well as a certain time interval for which you can get this status.

Mobile apps

Previously, the Olybet bookmaker had an Android app – a common program for mobile phones, translated into 15 languages, and surpasses the main resource in functionality. You could find it on Google. However, this app is no longer available. Even if you search for an app on Google Play or the website, you won’t be able to find it. Therefore, it is best to just go to the mobile version of the site.

The same goes for the app for iOS devices. There is no such application for Apple devices today. which you won’t find when you look at the main website.

Attention!:The bookmaker has no apps

Despite this, all players can use the mobile version of the site, which is available for all devices. The mobile version of the Olybet website is similar to the application in its capabilities and navigation style. The mobile version can be accessed from any phone that can connect to the Internet.

In addition to the optimized design, the Olybet mobile site is easy to navigate and looks stylish. It uses a lot of graphics and very simplified structures without a lot of text. In the mobile version of the site, all the functions that are on the main version are available – here you can register an account, replenish a deposit, place bets, receive bonuses and withdraw funds from the account. To open the mobile version – you need to go to the official website of the company from a mobile device – the mobile version will be loaded automatically.

Our verdict

Despite the fact that the Olybet bookmaker company was founded a long time ago, compared to its competitors, it is at the initial stage of promotion. The bookmaker has a good web portal, but the site needs improvement of both small interface details and the functional part of the resource. Among the company’s shortcomings, many players note cut maximum bets. As for the advantages of the organization, the players mark the sections “statistics” and “news” – in them you can find all the latest information from the world of sports betting. The company also offers its customers good bonuses and offers for top world events in the world of sports. Also, among the advantages, one can note a large number of available sports events, a wide list of popular sports and competitions, the presence of a casino, poker, and the operational work of the support service.

Which licenses does Olybet have?

The betting company operates on the Internet under license numbers HKT000001, HKL000180, HKT000020, and HKL000133. Olympic Casino Eesti AS, Pronksi 19, 10124 Tallinn, Eesti.

Is Olybet available in the USA?

No, Olybet is not available in the USA. Olybet has a gaming license from the Estonian Tax and Customs Board. Olybet is open to players from Finland, Estonia, Latvia and Lithuania. According to official information, players from the United States are not accepted at Olybet at the moment. However, there is a possibility that GGPoker will apply for a US license in the near future.

How to withdraw money from Olybet?

You may withdraw funds from the account using popular methods which are available on the bookmaker's website: bank cards with Mastercard and Visa systems, Skrill, Neteller electronic payments and bitcoin. The minimum amount for withdrawing funds from an account is 10 euros.

Is there a bonus for registering at Olybet?

There is a welcome bonus - it is provided in the amount of 100% of the first deposit amount (up to 100 euros). To realize virtual money, you need to wager it 10 times with an odds of 1.6.

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