Casino review Live data · 9 Nov 2026
OlyBet review: a locally licensed casino for the Baltics, Finland, Croatia and Spain
2017 Founding year · On our list since 28 Sep 2023 · Established casino
OlyBet states local licences in five countries: Estonia, Latvia, Lithuania, Slovakia and Spain. It accepts players in Estonia, Latvia, Lithuania, Finland, Croatia and Spain, runs in euro and has a site in seven languages.
PayPal, Trustly, Skrill, cards and bank transfer pay out, and Baltic banks such as Swedbank, SEB and Luminor take deposits. Its 34 studios include NetEnt, Play'n GO, Pragmatic Play and Nolimit City, and poker sits beside the casino.
- Six markets
By Chloe O'Sullivan | Updated 6 Nov 2026
Short answer
Should you try OlyBet?
OlyBet is a strong choice for players in the Baltics and Spain, where its local licences give you a regulator at home and local limits and self-exclusion rules apply. It is closed to players anywhere else, so for most of our readers it is not an option.
- Founded
- 2017 on our list since 28 Sep 2023
- Licence
- Lithuania Gaming Control Authority stated by the casino
- Studios
- 34 median for new casinos: 40
- Blocked countries
- 236 in the casino's terms
New-brand check
OlyBet against our six new-brand checks
Green means our data confirms it. Amber means you check it, or we have not yet; red means it is not in our data.
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Licence on the regulator's register
A logo in the footer proves nothing. The licence number and company name must appear on the regulator's own register, with the same domain.
Copy the licence number from the casino's footer and search it on the regulator's public register. Some regulators publish no searchable register; then ask support for the certificate.
Stated: Lithuania Gaming Control Authority · register check pending -
Full terms and conditions published
The general terms, not only the bonus terms, set the rules for withdrawals, inactive accounts and account closure.
Find the terms link in the footer before you register and check that the terms carry a date.
Terms link not on file -
Withdrawal terms in writing
Weekly and monthly caps, pending times and the KYC trigger decide how fast a win reaches you.
Read the payments section of the terms before the first deposit. Note the weekly cap and the documents asked for.
12 methods on file -
Bonus terms you can read before claiming
Wagering, max bet, game weighting and the cap on winnings decide what a welcome offer is worth.
Open the bonus terms from the offer page. If they only appear after deposit, skip the offer.
You check -
A first small withdrawal
The cheapest test of a new casino is a small cash-out early, before you build a balance.
Withdraw a small win to the method you deposited with and note the time to payment.
We'd measure -
Responsible gaming tools
Deposit, loss and time limits plus self-exclusion should be in the account menu from day one.
Set a deposit limit before you claim anything; if you cannot, treat it as a warning.
Not in our data yet
Status from OlyBet's details on our list, read 9 Nov 2026.
Similar casinos
Casinos with a similar game library
Casinos on our list that share most of the 34 studios OlyBet lists, and its licence where they state the same one.
Studio lists and licences as stated in each casino's review on our list, read 9 Nov 2026. Matching uses the full studio list, never ownership.
Welcome offer
What $200 is worth
At $200 the whole bonus may come with the first deposit, so the worksheet starts there. The wagering is not in the offer we list, so set it from OlyBet's bonus terms.
OlyBet offer worksheet
WorksheetSet the bonus part you would claim. The default is a first-deposit example, not the casino's terms.
You must bet $8,000 before the bonus turns into cash. At 96.0% RTP that costs $320 on average, so the bonus is worth about -$120.
Average over many players · terms vary by casino| Bonus claimed | Wagering | To wager | Expected cost at 96% | Value |
|---|---|---|---|---|
| $200 | 0x | $0 | $0 | $200 |
| $200 | 30x | $6,000 | $240 | -$40 |
| $200 | 40x | $8,000 | $320 | -$120 |
| $200 | 40x | $8,000 | $320 | -$120 |
Worked examples at 96% RTP; example terms, not a casino's offer.
Since launch
What changed at OlyBet since it joined our list
A changelog of facts we track per casino. No material change is on file for this casino yet; the dates below are from our list.
- Details last updated Studios, payments and offer on our list
- Joined our list Founded 2017 · Lithuania Gaming Control Authority
For a new casino, change is the signal: a shrinking offer, a new licence or a dropped payment method in the first months tells you more than a launch press release.
Payments
24 deposit methods, 12 withdrawal methods
Deposit methods listed for OlyBet: PaySec, Bancolombia, Swedbank, Neteller, Credit Cards, Bank Transfer, Trustly, Visa Electron, PayPal, Nordea, Permata, E-wallets, Brite, Visa, PaysafeCard, MasterCard, inviPay, Maestro, Google Pay, Luminor Link, SEB Bank, Monnify, Skrill, Wire Transfer.
Withdrawal methods: Bank Wire Transfer, Visa Debit, Bank Transfer, Trustly, Skrill 1 Tap, Europe Standard Bank Transfer, Visa Electron, PayPal, MasterCard, Maestro, Skrill, Debit Card.
As listed in OlyBet's details on our list, read 9 Nov 2026.
Games
34 studios listed
The median new casino on our list lists 40 studios; older casinos list 32.
Named studios: Pragmatic Play, NetEnt, Play'n GO, Nolimit City, Playson, Thunderkick, Red Tiger Gaming, Relax Gaming, Yggdrasil Gaming, Wazdan, Big Time Gaming, Spinomenal, Hacksaw Gaming, 1x2 Gaming, Amatic, Elk Studios, iSoftBet, Tom Horn Gaming, Kalamba Games, Swintt, Novomatic, Fantasma Games, Ruby Play, Apollo Games and 10 more.
As listed in OlyBet's details on our list, read 9 Nov 2026.
Who it suits
Who OlyBet suits, and who should skip it
Players in Estonia, Latvia and Lithuania
A national licence in each, Baltic bank payments and local-language sites.
Players who want PayPal
PayPal is on both the deposit and the withdrawal list.
You live outside its six markets
Its licences and its country list cover those markets only.
Questions
OlyBet: questions
Is OlyBet licensed?
Yes. It states licences from Spain's DGOJ, Estonia's Tax and Customs Board, Lithuania's Gaming Control Authority, Latvia's Lotteries and Gambling Supervisory Inspection and Slovakia. Each covers players in that country.
Who can play at OlyBet?
Players in Estonia, Latvia, Lithuania, Finland, Croatia and Spain. See our <a href="/estonia/">Estonia</a> and <a href="/lithuania/">Lithuania</a> pages for the local rules.
Does OlyBet pay out by PayPal?
Yes. PayPal is on the withdrawal list along with Trustly, Skrill, cards and bank transfer.
What is the OlyBet welcome bonus?
The offer listed is $200. Bonus terms differ by country under each local licence, so read the terms on your country's site.
Is OlyBet a new casino?
No. It states 2017 as its founding year.
Responsible gaming
Play only if you are 18+ and it stays fun
These rules apply on every page of this site. A longer track record helps, but limits matter at every casino.
Adults only, everywhere
You must be 18 or older, and older in some countries. A casino can ask for ID before your first withdrawal, and new casinos often do.
Responsible gamingStart small with an unknown casino
Deposit an amount you would accept losing to a failed withdrawal, and request a small cash-out early to see how the casino handles it.
How we review new casinosSet limits before the welcome offer
Bonus wagering keeps you playing longer. Set a deposit limit and a time limit in the account before you claim.
Set your limitsFree, confidential support
If playing stops being fun, talk to someone. Gambling Therapy offers free support in many languages.
Gambling Therapy · Addiction help